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|Trustees and|members|Dr Siva Puthrasingam||
|---|---|---|---|
|ofexecutive|committee|Mr Aneel Sharma||
|||Ms Maxine Braham||
|||Mr Derek Ludlow CBE DL||
|||Ms Beverley Creagh||
|Patron||Professor Greg Whyte OBE||
|Director'||Mrs Colette McKeaveney|MBE DL|
|Charity number||200463||
|Head office||Bradbury
House||
|||39King Street||
|||Luton||
|||Bedfordshire||
|||LU1 2DW||
|Independent|Examiner|Louise Tunley FCA CTA DChA||
|||Steve Monico Limited||
|||19Goldington
Road||
|||Bedford||
|||MK40 3JY||
|Bankers||Yorkshire
Bank||
|||7Gold Street||
|||Northampton||
|||NN1 1EN||
|||NatWest Bank||
|||31 George Street||
|||Luton||
|||LU1 2YN||
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||||2022|2022|2022|2022|2021|
|---|---|---|---|---|---|---|---|
|||Unrestricted||Restricted|Endowment|Total|Total|
||||Funds|Funds|Funds|Funds|Funds|
|||Notes|2||2|2|2|
|Income and endowments|from:|||||||
|Donations
and legacies|||20,206|||20,206|89,724|
|Charitable
activities:||||||||
|LLAL income||||136,184||136,184|140,818|
|HIA & Handyman||||||||
|Enhancing
Lives||||24,362||24,362||
|Befriending
and lunch club service||||74,926||74,926|82,425|
|Hospital Discharge||||154,650||154,650|125,000|
|Farley Big Local||||80,820||80,820|(43,787)|
|Covid-19||||94,672||94,672|94,740|
|Other grant income||||4,163||4,163|63,337|
|Income from charitable|services||266,561|||266,561|242,245|
|Other trading
activities||3|120,845|||120,845|68,694|
|Investments:||||||||
|Bank account interest|||19|30||49|919|
|Rental income||||||||
|Other income|||8,727|||8,727|11,278|
|Total income|||416,358|569,807||986,165|875,393|
|Expenditure on:||||||||
|Raising funds||3|91,680|||91,680|86,228|
|Charitable
activities||4|103,636|592,102||695,738|794,787|
|Total expenditure|||195,316|592,102||787,418|881,015|
|Net (expenditure)/income|||221,042|(22,295)||198,747|(5,622)|
|Transfers
between
funds||8, 14,15|(41,333)|41,333||||
|Net movement
in funds|||179,709|19,038||198,747|(5,622)|
|Reconciliation
offunds:||||||||
|Total funds at 1 April 2021|||1,388,599|86,224|171,646|1,646,469|1,652,091|
|Total funds at 31 March|2022|14,15,16|1,568,308|105,262|171,646|1,845,216|1,646,469|
##
##
||||Notes|2022|2021|
|---|---|---|---|---|---|
||||||E|
|Fixed assets:||||||
|Tangible fixed assets
Fixed asset investments|||9
10|482,247
319,999|494,490
319,969|
|Total fixed assets||||802,246|814,459|
|Current assets:||||||
|Debtors
Cash at bank and in hand||||67,396
1,165,858|97,684
844,434|
|Total current assets||||1,233,254|942,118|
|Liabilities:||||||
|Creditors: amounts|falling|due|13|(190,284)|(110,108)|
|within one year||||||
|Net current assets||||1,042,970|832,010|
|Total assets less current||liabilities||1,845,216|1,646,469|
|Total net assets||||1,845,216|1,646,469|
|The funds ofthe charity:||||||
|Unrestricted
funds
Restricted funds|||14
15|1,568,308
105,262|1,388,599
86,224|
|Endowment
funds|||1S|171,646|171,646|
|Total charity funds|||17|1,845,216|1,646,469|
##
##
||||Notes|2022|2021|
|---|---|---|---|---|---|
|||||2|6|
|Cash flows from operating||activities:||||
|Net cash used in operating|activities||21|321,405|(54,701)|
|Cash flows from investing||activities:||||
|Interest and dividend
income||||49|919|
|Interest income allocated to
Cash banked
into investment
Rental income||fixed asset
account|investments|(30)|(1,522)
(100)|
|Payments
to acquire tangible fixed assets
Proceeds of disposal of tangible
fixed assets|||||(223)
200|
|Net cash used in investing||activities||19|(726)|
|Change
in cash and cash
the year|equivalents||In|321,424|(55,427)|
|Cash and cash equivalents|at the|||||
|beginning
of the year||||844,434|899,861|
|Cash and cash equivalents||at the||||
|end ofthe year||||1,165,858|844,434|
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|2022|Other|||||
|---|---|---|---|---|---|
||Salary|staff|Premises|Other|2022|
||costs|costs|costs|costs|Total|
|||2|2|2|f|
|Care for the elderly|464,343|19,959|6,939|92,235|583,476|
|Support and governance|46,220||27,802|38,240|112,262|
||510,563|19,959|34,741|130,475|695,738|
|2021||Other||||
||Salary|staff|Premises|Other|2021|
||costs|costs|costs|costs|Total|
||2|||||
|Care for the elderly|504,541|16,658|9,051|113,284|643,534|
|Support and governance|67,041|-|28,652|55,560|151,253|
||571,582|16,658|37,703|168,844|794,787|
##
|costs is sho|wn below.|||||
|---|---|---|---|---|---|
|2022||Support|Governance|2022|Basis of|
|||costs|cos'ts|Total|apportionment|
|||||2||
|Staff costs||44,720|1,500|46,220|Staff time|
|Depreciation||6,896||6,896|Staff time|
|Profit on disposal ofassets|||||Asset class|
|Premises costs||19,638||19,638|Invoiced cost|
|Office costs||11,946||11,946|Invoiced cost|
|Advertising|costs|120||120|Invoiced cost|
|Travel costs||1,269||1,269|Invoiced cost|
|Subscriptions||903||903|Invoiced cost|
|Professional|fees|20,079||20,079|Invoiced cost|
|Independent|Examiner's fees||3,000|3,000|Governance|
|Bank charges||2,191||2,191|Invoiced cost|
|Trustee expenses|||||Invoiced cost|
|Sundry expenses|||||Invoiced cost|
|||107,762|4,500|112,262||
##
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|2021|||Support|Governance|2021|Basis of|
|---|---|---|---|---|---|---|
||||cos'te|costs|Total|apportionment|
||||2||2||
|Staff costs|||65,541|1,500|67,041|Staff time|
|Depreciation|||8,557||8,557|Staff time|
|Profit on disposal|of|assets|341||341|Asset class|
|Premises costs|||19,072||19,072|Invoiced cost|
|Office costs|||12,120||12,120|Invoiced cost|
|Advertising
costs|||30||30|Invoiced cost|
|Travel costs|||683||683|Invoiced cost|
|Subscdptions|||1,276||1,276|Invoiced cost|
|Professional fees|||35,234||35,234|Invoiced cost|
|Auditors
remuneration||for||5,220|5,220|Governance|
|audit services|||||||
|Bank charges|||1,597||1,597|Invoiced cost|
|Trustee expenses||||||Invoiced cost|
|Sundry expenses|||82||82|Invoiced cost|
||||144,533|6,720|151,253||
##
|2022|2021|
|---|---|
|8||
||5,220|
|3,000||
|12,243|14,482|
|20,226|42,235|
##
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##
|Analysis ofstaff costs, trustee remuneratio
management
personnel|n
and expenses, and the costo|f key|
|---|---|---|
||2022|2021|
|||2|
|Salaries|555,921|596,012|
|Social Security costs|25,398|27,146|
|Pension Costs|11,426|11,840|
||592,745|634,998|
##
|The analy
below.|sis
ofthe|net tra|nsfer of 241,333from the g|eneral
fund to restric|ted funds is shown|
|---|---|---|---|---|---|
||||||2|
|Transfers|from the|general|fund:|||
|For the|unfunded|element ofthe HIA and Handyman||fund|35,267|
|For the|surplus
element||of the lunch club costs||6,066|
|Net transfer amount|||||41,333|
##
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##
||||Freehold|Property|Office|Computer|Motor||
|---|---|---|---|---|---|---|---|---|
||||Property
f|Improvements
f|Eguipment
f|Equipment
f|Vehicles
f|Total
f|
||Cost||||||||
||At 1 April 2021||504,023|40,349|85,797|27,256||657,425|
||At 31 March 2022||504,023|40,349|85,797|27,256||657,425|
||Depreciation||||||||
||At 1 April 2021||61,712|14,045|67,401|19,777|-|162,935|
||Charge for the year||4,032|2,012|3,684|2,515||12,243|
||At 31 March 2022||65,744|16,057|71,085|22,292||175,178|
||Net book values||||||||
||31 March 2022||438,279|24,292|14,712|4,964||482,247|
||31 March 2021||442,311|26,304|18,396|7,479||494,490|
|10|Fixed asset investments||||||||
|||||||2022f||2021f|
||Endowment
fund|||||299,999||299,969|
||National
savings|bond||||20,000||20,000|
|||||||319,999||319,969|
##
|Debtors||||
|---|---|---|---|
|||2022f|2021f|
|Other debtors||41,591|31,082|
|Prepayments|and accrued income|24,578|65,216|
|Customer balances||1,227|1,386|
|||67,396|97,684|
##
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##
|Bank balances|||
|---|---|---|
||2022f|2021
6|
|Current account|1,164,219|842,050|
|Petty cash|1,639|2,384|
||1,165,858|844,434|
##
##
|Creditors: amounts|falling due within one yea|r||
|---|---|---|---|
|||2022|2021|
|||6|6|
|Taxation and social security||8,946|7,050|
|Other creditors||50,167|63,074|
|Accruals and deferred|income|117,754|26,420|
|Client accounts||13,417|13,564|
|||190,284|110,108|
##
|Deferred income||||
|---|---|---|---|
|||2022|2021|
|||6|2|
|At 1 April 2021||||
|Received during the|year|80,513||
|Released to incoming|resources|||
|At 31 March 2022||80,513||
##
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##
|Unrestricted
funds|||||||
|---|---|---|---|---|---|---|
|||Iiilovement|in year||||
||Balance at|Incoming|Resources||Balance|at|
||1 April 2021|resources|expended
Transfers
31 i))larch 2022||||
||6|2|2|2||2|
|General fund|777,868|416,358|(192,207)|(41,333)|960,686||
|Designated
fixed|||||||
|assetfund|335,731||(3,109)||332,622||
|Designated
building|||||||
|fund|275,000||||275,000||
||1,388,599|416,358|(195,316)|(41,333)|1,568,308||
|During the year ended 31 March 2006||a large grant was received towards||the purchase|ofthe||
|building
at 39 King Street. During that||year the Trustees took the decision||to designate|part ofthe||
|general
fund to represent the net book||value ofthe assets held as at 31 March 2006.The fund is|||||
|reduced each year by the depreciation||charged
in respect ofthose assets.|||||
|During the year ended 31 March 2011||the Trustees created a new designated
fund for|||reserves to||
|be held for a Building|Fund for a future|project to build|sheltered
accommodation
for older people.||||
|The Trustees are aiming for the Building Project to be|||completed
within the next five years and||||
|consequently
will be|seeking additional|funding.|||||
##
|Restricted|funds||||||
|---|---|---|---|---|---|---|
||||Movement|in year|||
|||Balance at|Incoming|Resources||Balance at|
||1|April 2021|resources|expended|Transfers|31 March 2022|
|||8|8|2|2|2|
|Core funding|||140,347|(140,347)|||
|Covid-19||905|94,672|(92,970)||2,607|
|Befriending|and Wellbeing|2,354|74,926|(78,613)||(1,333)|
|Home Repair and Handyman||30,000||(35,267)|35,267|30,000|
|Enhancing|Lives||24,362|(21,887)||2,475|
|Lunch clubs|||30|(6,096)|6,066||
|Hospital
Discharge||2,784|154,650|(153,094)||4,340|
|Farley Big Local||32,761|80,820|(63,828)||49,753|
|Long Term|Conditions|5,289||||5,289|
|IT Project||12,000||||12,000|
|Spread the|Warmth|131||||131|
|||86,224|569,807|(592,102)|41,333|105,262|
##
##
|Details ofthe transfers are in note
|Details ofthe transfers are in note
|8 on page 26.|
|---|---|---|
|Name offund||Nature, purpose and description
of fund|
|Core funding||Funding
received from LLAL|
|Covid-1 9||For supporting
older people through
the pandemic|
|Befriending|and Wellbeing|For services to promote social support and companionship.|
|Home Support||For supporting
older people to remain
living in their own|
|||homes.|
|Home Repair and Handyman||For providing
repairs to homes of older people and to ensure|
|||the homes are safe and secure for the resident.|
|Enhancing|Lives|For services to provide support to older people,
including|
|||with applications
for financial and other support.|
|Lunch clubs||For the lunch clubs held at Vesper House.|
|Hospital Discharge||For the support of patients
who have recently been|
|||discharged
from hospital.|
|Farley Big Local||For the improvement
ofthe Farley
Hill local area.|
|Long Term|Conditions|For the support
of people with a long term condition.|
|IT Project||Grants received for the upgrade
of the charity's
IT|
|||equipment.|
|Spread the|Warmth|Donations
received to help people keep warm
in winter.|
##
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##
|Net ass|et|s held by fu|nds|||||
|---|---|---|---|---|---|---|---|
|||||Cash||||
||||Fixed|at bank a|Other|||
||||Assets
2|Investments
9|Assets
2|Creditorst|Total|
|General|fund||482,247|1,208,949|67,396|(190,284)|1,568,308|
|Restricted||fund||105,262|||105,262|
|Endowment||fund||171,646|||171,646|
||||482,247|1,485,857|67,396|(190,284)|1,845,216|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||2|2|
|Land and buildings/other||leases:||||
|Within one year||||5,280|4,424|
|Between 2 and 5years||||1,859|3,240|
|In over 5years||||||
|Total future
minimum|lease payments|||7,139|7,664|
|There are no capital|commitments||(2021:anil).|||
##
##
##
##
##
##
|Reconciliation
of net (expe|nd|iture)finco|me
to ne|t cash flow|from operating
|activities|
|---|---|---|---|---|---|---|
||||||2022f|2021
2|
|Net income for the year|||||198,747|(5,622)|
|Less investment
income shown||in investing|activities||(49)|(919)|
|Add back depreciation|||||12,243|14,482|
|Loss on disposal of fixed assets||||||341|
|(Increase)/decrease
in debtors|||||30,288|(58,334)|
|(Decrease)
in creditors|||||80,176|(4,649)|
|Net cash flow from operating|activities||||321,405|(54,701)|
|Cash and cash equivalents|||||||
|Year ended 31 March 2022|||||2022|2021|
||||||2|2|
|Cash and cash equivalents|||||1,165,858|844,434|
|Year ended 31March 2021|||||2021|2020|
||||||2|2|
|Cash and cash equivalents|||||844,434|899,861|
|Analysis ofchanges
in net|funds||||||
|||||2021f|Cash flow
2||
|Net cash|||||||
|Cash at bank and
in hand||||844,434|321,424|1,165,858|
|||||844,434|321,424|1,165,858|
|||||844,434|321,424|1,165,858|
##
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|purposes.||||||
|---|---|---|---|---|---|
|||2021|2021|2021|2021|
|||Unrestricted|Restricted|Endowment|Total|
|||Funds|Funds|Funds|Funds|
|||2|2|2|2|
|Income and endowments|from:|||||
|Donations
and legacies||89,724|||89,724|
|Donations
from LLAL|||140,818||140,818|
|Charitable
activities:||||||
|HIA & Handyman||||||
|Enhancing
Lives||||||
|Befriending
and lunch club service|||82,425||82,425|
|Hospital Discharge|||125,000||125,000|
|Farley Big Local|||(43,787)||(43,787)|
|Covid-19|||94,740||94,740|
|Other grant income||63,337|||63,337|
|Income from charitable|services|242,245|||242,245|
|Other trading
activities||68,694|||68,694|
|Investments:||||||
|Bank account interest||147|772||919|
|Other income||11,278|||11,278|
|Total Income||475,425|399,968||875,393|
|Expenditure
on:||||||
|Raising funds||86,228|||86,228|
|Charitable
activities||171,402|623,385||794,787|
|Total expenditure||257,630|623,385||881,015|
|Net (expenditure)/income||217,795|(223,417)||(5,622)|
|Transfers between
funds||(115,935)|115,935|||
|Net movement
in funds||101,860|(107,482)||(5,622)|
|Reconciliation
offunds:||||||
|Total funds at 1 April 2020||1,286,739|193,706|171,646|1,652,091|
|Total funds at 31 March|2021|1,388,599|86,224|171,646|1,646,469|