##
|Trustees|Mr M D Bishop|Mr M D Bishop||
|---|---|---|---|
||Mr R GA Carnall|||
||Mr S L Dunn|||
||Dr BA Jacob|||
||DrSERLim|||
||Mr EVMichael|||
||Mr J Miller|||
||Mr
I P Mortimore|||
||Mr H Yassine|||
|Charity number|1191545|||
|Principal address|17aPamber|Heath|Road|
||Tadley|||
||Hampshire|||
||RG26 3TH|||
|Illlanagers|Ms C Langthorne|||
||Mrs M AMurray|||
|Auditor|Morris Lane|||
||31/33 Commercial||Road|
||Poole|||
||Dorset|||
||BH14 OHU|||
|Bankers|Lloyds Bank|PLC||
||25 Gresham|Street||
||London|||
||EC2V 7HN|||
|Solicitors|Anthony
Collins Solicitors LLP|||
||134Edmund|Street||
||Birmingham|||
||B32ES|||
##
|||Page|
|---|---|---|
|Trustees' report||1 —4|
|Statement oftrustees'|responsibilities||
|Independent
auditor's|report|6 —8|
|Statement offinancial|activities||
|Statement offinancial|position|10|
|Statement ofcash flows|||
|Notes to the financial|statements|12 —22|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted
Unrestricted|Unrestricted
Unrestricted|Total Year|Total|
|---|---|---|---|---|---|---|---|
||||Notes|funds|funds|31 March|Year 31|
|||||general|designated|2023|March|
|||||2023|2023||2022|
|||||6|6|||
|Donations
and legacies||||34,122||34,122|10,202|
|Charitable
activities||||1,455,935||1,455,935|1,292,299|
|Investments||||79,206||79,206|64,650|
|Other income|||||||48,325|
|Total income||||1,569,263||1,569,263|1,415l 6|
|Emmntiiturnnn;||||||||
|~
i RiRf
d
Investment
management||||483||483|1,898|
|||||483||483|1,898|
|Charitable
activities||||||||
|Provision of residential|||8|1,338,745||1,338,745|1,144,686|
|care||||||||
|Total charitable
expenditure||||1,338,745||1,338,745|1,144,686|
|Total resources expended||||1,339,228||1,339,228|1,146,584|
|Net incoming
resources|before|||230,035||230,035|268,(|
|gains/(losses)
on disposal||and transfers||||||
|Net gains/(losses)
on disposal of property||||114,496||114,496|48,044|
|Net gains/(losses)
on investments|||22|(12,226)||(12,226)|5,688,519|
|Net incoming
resources|before transfers|||332,305||332,305|6,005,455|
|Gross transfers
between|funds|||121,363|(121+6g,|||
|Net (expenditure)/income
year/ Net movement
in|for the
funds|||453,668|(121363)|332 305|600545'|
|Fund balances at 1 April|2022|||296,442|5,709,013|6,005,455||
|Fund balances at 31 March||2023||750,110|5,587,650|6,337,760|6,005,455|
##
##
|||||||31 March|||31 March|
|---|---|---|---|---|---|---|---|---|---|
|||||||2023|||2022|
||||||Notes|E|E|E|E|
||Fixed assets|||||||||
||Property,
plant and equipment
Investment
properties||||13
14||4,287,650
1,300,000||4,409,013
1,300,000|
||||||||5,587,650||5,709,013|
||Current assets|||||||||
|i|Prepayments
and accrued
Trade and other receivables
Cash at bank and
in hand|||income||16,030
39,199
847,877||30,744
33,718
345,015||
||Current
liabilities|||||903,106
(51,888)||409,477
(29,816)||
||Accruals and deferred
income|||||(101,108)||(83,219)||
||Net current assets/(liabilities)||||||750,110||298,442|
||Total assets less|current||liabilities|||6,337,760||8,005,455|
||Net assets||||||6,337,760||6,006,455|
||Income funds|||||||||
||Unrestricted
funds|||||||||
||Designated
funds
General
unrestricted||funds||18|5,587,850
750,110||5,709,013
296,442||
||||||||6,337,760||6,005,465|
||||||||6,337,760||6,005,455|
##
||||||Year ended|||Year ended|
|---|---|---|---|---|---|---|---|---|
||||||30April|||31 December|
||||||2023|||2022|
|||||Notes|6||||
|Cash flows from operating|||activities||||||
|Cash generated|from|operations||21||257,050||476,965|
|Investing
activities|||||||||
|Purchase of property,||plant|and equipment||(716,020)||(306,584)||
|Proceeds on disposal||of property,
plant|||882,626||109,984||
|and equipment|||||||||
|Rent received|||||79,206||64,650||
|Net cash used|in investing||activities|||245,812||(131,950)|
|Net cash used|in financing||activities||||||
|Net increase/(decrease)
in
equivalents|||cash and cash|||502,862||345,015|
|Cash and cash|equivalents||at beginning|ofyear||345,015|||
|Cash and cash|equivalents||at end of|year||847,877||345,015|
|Relating to:|||||||||
|Cash at bank and
in||hand||||847,877||345,015|
|||||||847,877||345,015|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|7|Raising funds|Raising funds|
|---|---|---|
||Investment|management|
|8|Charitable|activities|
|Raising funds||||
|---|---|---|---|
|||Unrestricted|Total|
|||funds||
|||general||
|||2023|2022|
|||F|8|
|Investment
management||483|1,898|
|Charitable
activities||||
|||Provision of|Provision of|
|||residential|residential|
|||care|care|
|||2023|2022|
||||8|
|Staff costs
Depreciation
and impairment
Food purchases
Registration
fees and subscriptions
Medical expenses
Residents'
requisites
and entertainment
Staff training
and welfare
Rates
Water
Insurance||759,477
57,027
59,402
9,457
2,223
3,279
17,785
1,413
5,132
18,933|695,463
60,125
48,437
5,896
2,087
4,859
9,626
1,525
6,023
13,497|
|Heat and light||44,142|15,594|
|Laundry
and cleaning
Repairs and maintenance
and gardening||17,378
103,793|17,724
55,347|
|Printing, postage,
stationery
Telephone|and advertising|4,988
6,516|2,715
5,657|
|Computer
running
costs||4,380|733|
|Motor and travelling
expenses
Other charitable
expenditure||3,491|3,207|
|||1,118,816|948,515|
|Share ofsupport costs (see note 9)
Share ofgovernance
costs (see note 9)||173,525
46,404|131,774
64,397|
|||1,338,745|1,144,686|
##
##
##
|9|Support costs||||||
|---|---|---|---|---|---|---|
||||Support|Governance|2023|2022|
||||costs|costs|||
||||6|6|||
||Staff costs||172,251|19,139|191,390|144,870|
||Bank charges||1,274||1,274|1,391|
||Bank interest payable||||||
||Finance arrangement|fees|||||
||Audit fees|||4,640|4,640|10,000|
||Accountancy|||13,518|13,518|13,098|
||Legal and professional|||9,107|9107|26812 (|
||||173,525|46,404|219,929|196,171|
||Analysed
between||||||
||Charitable
activities||173,525|46,404|219,929|196,171|
##
|The analysis
of auditor's
remuneration|is as follows:|||
|---|---|---|---|
|Fees payable to the auditor and associates:||2023|2022|
|||6|F|
|Audit ofthe annual
accounts||4,640|10,000|
|Total audit fees||4,640|10000 (|
|Non-audit
services||||
|All other non-audit
services||||
##
##
|The average
|monthly
number ofemployees
during
t|he year was:||
|---|---|---|---|
|||2023|2022|
|||Number|Number|
|Carers/Domestics/Catering||43|42|
|Administration||5|5|
|Management||3|2|
|Maintenance||1|1|
|||52|50|
|Number ofemployees||2023
Number|2022
Number|
|Full time staff||23|22|
|Part time staff||29|28|
|||52|50|
|Employment|costs|2023|2022|
|||8|8|
|Wages and salaries
Social security costs
Other pension costs||866,404
67,809
16,655|769,914
55,585
14,834|
|||950,868|840,333|
##
##
|Property,|pl|ant and|equipment||||||
|---|---|---|---|---|---|---|---|---|
|||||Freehold|Fixtures|Motor vehicles||Total|
|||||land and,|fittings 8||||
|||||buildingsequipment|||||
|||||6|6||6||
|Cost|||||||||
|At 1 April|2022|||4,420, 5'l1|47,061|1,566||4,469,138|
|Additions||||694,413|9,381|||703,794|
|Disposals||||768,815|397|||~269,212|
|At 31 March||2023||4,346,109|56,045|1,566||4,403,720|
|Depreciation||and Impairment|||||||
|At 1 April|2022|||47,150|12,616||359|60,125|
|Depreciation||charged|in the year|43,550|13,175||302|57,027|
|Eliminated|in|respect|ofdisposals|(898)|(184)|||(1,082)|
|At 31 March||2023||89,802|25,607||661|116,070|
|Carrying|amount||||||||
|At 31 March||2023||4,256,307|30,438||905|4,287,650|
|At 31 March||2022||4,373,361|34,445|1,207||4,409,013|
|The carrying||value of|land included|in land and buildings|||||
|comprises:|||||||||
|||||||2023||2022|
|||||||||F|
|Freehold||||||~21|2|~22|
##
##
||||
|---|---|---|
|Fair Value||2023|
|At 1 April 2022||1,300,000|
|Additions||12,226|
|Net gains or losses through|fair value adjustments|(12,226)|
|At 31 March 2023||1,300,000|
##
|15|Tradedhibl|||
|---|---|---|---|
||an oter recevaes|2023|2022|
|||8|6|
||Amounts
falling due within one year:|||
||Trade receivables|39,199|33,718|
|||39,199|33,718|
|16|Current liabilities|2023|2022|
|||8||
||Other taxation and social security
Trade payables|13,778
32,539|16,405
7,235|
||Other payables|5,571|6,176|
|||51,888|29,816|
##
##
||||Nlovement|Nlovement|in funds|in funds||
|---|---|---|---|---|---|---|---|
|||alance at1|Income in|Expenditure||Transfers|8alance at31|
|||April|year||in year||liilarch|
|||2022|||||2023|
||||||8|8|8|
|Designated|funds|5,709,013||||(121,363)|5,587,650|
|||5,709,013||||(121,363)|5,587,650|
##
##
|19|Analysis ofnet assets between funds|Analysis ofnet assets between funds|Analysis ofnet assets between funds|Analysis ofnet assets between funds||Unrestricted||Designated|||Total|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||funds||funds||||||
|||||||2023||2023|||2023||2022|
|||||||6|||6|||6|6|
||Fund balances|at 31 March 2023 are||||||||||||
||represented
by;|||||||||||||
||Property,
plant|and equipment||||||4,287,650||4,287,650|||4,409,013|
||Investment
properties|||||||1,300,000||1,300,000|||1,300,000|
||Current assets/(liabilities)|||||750,110|||||750,110||296,442|
|||||||750,110||5,587,650||6,337,760|||6,005,455|
|20|Related party|transactions||||||||||||
||Remuneration|of key management||personnel||||||||||
||The remuneration
of key management|||personnel|is|as follows.||||||||
|||||||||||2023|||2022|
||||||||||||6||6|
||Aggregate
compensation|||||||||101,423|||111,987|
||Transactions|with related parties||||||||||||
||During the year the charity entered||into the following|||transactions|with related||parties:|||||
|||||||||Services|provided||to|the charity||
|||||||||||2023|||2022|
||||||||||||6||6|
||Related Parties||||||||||||790|
||||||||||||||790|
|||||||||Services|provided
by the charity
2023
2022|||||
||||||||||||||F|
||Key management
personnel|||||||||10,656|||4,045|
|||||||||||10,656|||4,045|
##
##
||21|Cash generated
from operations||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6|6|
|||Surplus
for the year||||||332,305|6,005,455|
|||Adjustments
for:||||||||
|||Investment
income recognised
in statement
offinancial activities
Loss/(Gain)
on disposal of property,
plant and equipment
Fair value gains and losses on investment
properties
Depreciation
and impairment
of property,
plant and equipment
Transfer ofassets||||||(79,206)
(114,496)
12,226
57,027|(64,650)
(48,044)
5,605
60,125
(5,694,124)|
|||Movements
in working
capital:||||||||
|||Transfer from Bethany Care Trust|||||||164,025|
|||(Increase)/decrease
in trade and other receivables
(Decrease)/increase
in trade and other payables||||||9,233
39,961|(64,462)
113,035|
|||Cash generated
from operations||||||257,050|476,965|
|||Analysis
changes
in net debt (funds)||||At 1|April 2022|Cash flows|At 31 Nlarch|
||||||||||2023|
|||Cash at bank and
in hand
Bank overdrafts|||||345,015|502,862|847,877|
||||||||345,015|502,862|847 877|
|22||Net gains/(losses)
on investments||||||||
|||||||||Unrestricted|Total|
|||||||||funds||
|||||||||general||
|||||||||2023|2022|
|||||||||F|6|
|||Revaluation
of investment
properties
Net assets transferred
into CIO||||||(12,226)|(5,605)|
||||||||||5,694,124|
|||||||||(12,226)|5,688,519|