Charity reg15tration nurnber.. 204859
RIDGEGATE HOME
ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

RIDGEGATE HOME
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
R Coker
L Gent
B Gilbert lappointed 9" May 20251
A Khan
l Yogarajah
Senlor management tèam
S Tobin, Registered home manager (until 31, May 2D251
K Mcmanus, home mana8er15ince 15, Decernber 20251
A B81lantyne
A Gates
Charlty number
204859
Principal address
88 Doods Road
Reigate
Surrey
RH2 ONR

RIDGEGATE HOME
CONTENTS
Pages
Trustees, report
Independent audlto¢s rèport
Statemont of flnancial act5vitieS
Slatement of flnanclal posltlon
io
Statement of cash flows
li
Note5 to the financlal statements
12-20

RIDGEGATE HOME
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustee5 present their report and financial staternents of Ilidgegate Horne I'the charity I for the year
ended 31 March 2025. In preparing the financial staternents the trustees havè adopted the provisions of
Accounting and Reporting by Ch8rities.. Statement of Recommended Practice applicable to charities and have
prepared the a￿oUntS in accordance with the Financial Reporting Standard 3pplicable in the UK and Republic
of Ireland.
What we aim to do.. our oblettlves and activities
The primary objertive of the charity under the Trust Deed is to provide care and relief of the elderly by way
of a residentlal care home or homes. There have been no material changes to this objettive.
Slgnlflcant aCt￿ltIeS
To help achieve its primaty objettive, the charity offers iesidents secure and corTilortable surroundings
within which they 3re free to lead an independent life as much as they wish. To encourage residents to get
the most enjoyment from their day-to-day life at the home the charity offer% daily enrertainment and
exertise activitie5 35 both mental and physical 5tirnulation.
The charity relies on income from fees and charges to defray its operating costs, ènd, in setting the level of
fees, works closely with local authorities to make sure good quality care is offered al an affordable price,
whether for full-time care, short terrn day care, respite care and end tsf life care. It can be diff icult to provide
a measure as to whether the performance of the charity 15 meeting its objectives. however, the truste￿ are
encouraged by the frequent positive feedback received frorn residents and their families, a5 well 35 local
dottors, community nurses and CQC inspections.
Publk benefit
In exercising their powers and duties the trustees have complied with their duty to have due regard to the
Charity Commlssion guidance on public benefit and specific guidance for fee-charging charities.
Stru¢turei governance and management
Governing document and structure
Ridgegate Home is an unincorporated body constituted under the charity's governing trust deed dated 29
July 1946, as amended by the Replacement Trusts on 29 january 2024, and is re4lStered with the Charity
Commisslon, number 204859.
Organisation
The charity Is overseen by a board of triJ5tees, who hold office for 3 years and who can present themselves
for re-elettion, with new trustees being appointed following invitation and mentoring from the existing
trusteès. The board meets formally every two months, to discuss a full range of matters pertaining to
finance, fabric of the estate and the administration of the charity, with matters arising between meetings
generally dealt with by the Chairper50n, with due delegated avthority, who reports back at the following
meeting. Day-to-day operational control is vested in the registered home mènager.

RIDGEGATE HOME
TRUSTEES, REPORT
FOR THEYEAR ENDED 31 MARCH 2025
Key management personnel pay
The trustees together with the registered home man3Ber, deputy manager and charity administrator
comprise the key management personnel of the charity. Key management remuneration is Set by the
trustees and reviewed on an annLJal bas15.
Rlsk ststement
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate Controls are in place to provide reasonable assurance against fraud and error. The trustees
considerthat the major risks to which the charity is exposed fall into four main areas described as follows".
Ensurin8 high levels of occupancy- the management team work hard to ensure a high level of
resident satisfaction, leading to greater referrals, as well as increasing marketing such as through
leaflets. social media and additional business networking. The management team additionally
expanded the Home'5 offering to offer Increased respite CaFe for those needing care home
setvice5 on a temporary basis.
Ensuring consistent and appropriate staffing levels- as with other care homes, staffing can be a
challenge with competition to recruit care staff from other sectors. Given staffing is 8 significant
portion of the Home's Costs, fluctuations can also create financial uncertainty forthe charity. The
manaEement team have worked hard to reduce reliance on 3@ency staff ificludtng by working
with new recruitment a8encies that have taken time to understand the charitvs needs. The
managementteam additionally striveto provide 3 warm, supportive and welcoming environment
with a thorough induction and regular training for staff, ensuringthe charrty is an attractive place
to work.
Navigating the increasing levels of legislation and regulations in the care home sector
the
nagement team have sought to put in place a robust training program tr) ensure staff are up
to date with the latest requirements as well as seeking recruitment of trLJStees for ihe charity
with expertise in this pBrti¢ul2r area to provide oversight.
Maintenance of the charity property - the age of the building means that there are continual
maintenance and upgrade requirements. The charity embarked on a significant refurbishment
programme in 2023 to modernise rooms and common areas of the building. Maintenance work
Is also undertaken on a continual basis to ensure the upkeep of thi5 work and to keep ahead of
further malntenance needs.
Based on the above, the trustees are happy that there are sufficient procedures, policies and systems in
place to manage and mitigate identified 1i5ks.
Athievements and performance
Charltsble artivitie5
The chkrity proviiles 24-hour residential Care for older people, including 311 aspects of care from nutrition,
hydration, personal care, cleaning, and laundry to a strong alld varied activities program. The
establlshment has 22 rooms, 19 with ensuite facilities as well as communal lounges ar)d administratlon
offices.

RIDGEGATE HOME
TRusfEES' REPORT
FOR ThEYEAR ENDED 31 MARCH 2025
The charlty continued to be Tated as "Good" by the Care Qu3lity Commission ICQCI. In accordance with
Its objettives, the charity constantly strives to provide residents with the opportunity to live in
cornfortable SLJrroundings, in a reSaxed and Secure family-like environEllent, while providing the degree of
care necessary to enhance each resident's quality of life. The charivs philosophy is based on offering
the core values of privacy, comfort, dignity, independence and choice and rights. It is monitored by the
Registration Office for Surrey County Council, and a great deal of time is spent on health and safety issues
to comply with statutory and other legal requirements.
With the age demographic of the hoffle, inevitably there will be occupancy fluctuations from time to time
which impacted occupancy during the period under review.
Having undertaken a significant program of refurbishment of the residents, rooms and commun31 areas,
focus duringthe year was on maintaining the upkeep of ihe property, with the continued 8031 of ensuring
Ihe home 15 a modern and comfortable establishment. As with previous years recruiting staff can be a
challenEe, in line with other local care homes. However, the senior management team have been
successful in sourcing 3nd recruiting staff at all levels, which is reducing overall staffing Costs and reliance
on the use of agency staff.
Fundralsln8 activities
The charity has not carried out any fundraising events during the year.
Future plan5
The priorities and efforts of the trustees and senior management team are always to maintain the "Good~
CQC rating by providing a safe and welcoming living environment for the residents, and secure workin8
conditions for staff. This will go toward5 ensuring high occupancy of the home. On-going and regular
upgradlng of the facilities available in both resident%, rooms and general rooms will ensure comfort for
residents and compliance with regulations. There is great emphasis placed on the vital issue of staff
training, by which all staff are encouraged to develop their ski115 and qualifications, which a150 helps to
protert the reputation of the home.
The trustees would like to thank all those many individua15 who have supported the charity over tt)e past
year.
Flnanelal revlew
The full financial attivities for the year unde¥ review are shown on pages 9 to 20.
Thè charity's incoming re50ur¢es from its charitabSe activities were in deficit to outgoing resources by £4,136
12024.. surplus of £149,023>. Incoming resources included local government grants of £NIL12024.. £5,500).
Together with an unrealised gain of £12.59512024'. Loss £4,577) in investment funds, an overall surplus of
£8.459 was achSeved for the year12024.. f 144,4461. As a result. tot31 funds at 31 March 2025 were £752,468
12024.. £744,009).

RIDGEGATE HOME
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Going concern
Each year. the trustees must stste whether or not the annual accounts have been drawn up on a going
concern basis Isee the accounting policy note 1.2 on page 121. Going concern is the assumption that the
charity has the resources {financial or otherwise) needed to continue operatlng for the foreseeable fijture
and, in particular, for at least 12 month5 from the date of approval of these financial statements by the
trustees.
Having reviewed the financlal forecasts for the next year, the trustees are of the opinion that the charity's
assets are sufficient to meet its current obligations, and the assets and reserves held will allow the charity
to continue with its objectives.
Investment pollcv
The trustees revlew their pollcy for investing funds from time to time and remain of the view that general
unit trusts desi8ned for the charity sector remain the most appropriate investments. The investments are
acquired in accordance wlth the powers of the trustees as contained in the trust deed. The trustees currentty
do not take social, environmental or ethical considerations into account in their investment policy.
Trustees
The trustees and governors who Served during the year were:
Ms R Coker
Ms L Gent
Mrs S Brankin
Mrs J Yogarajah
Ms L Munro
Mr N Leggett
Mrs C Fraser
MrA Khan
Resigned 13 Septernber 2024
Appointed 24, May 2024
Resi8ned 28, June 2024
Resigned 26th April 2024
Appointed W June 2024 and resigned 13th September 2024
Appointed 18 July 2024
The trustees, ￿port was approved by the Board on .13.. January 2026
Trustee . J. Yogarajah. Chairperson

REPORT OF THE INDEPENDENT AUDITORSTOTHE TRUSTEES OF
RIDGEGATE HOME
Opinlon
We have audited the financial statements of Ridgegate Homes Ithe 'charity'l for the year ended 31 March
2025 which comprlse the Statement of Financial A¢tivitie5, the Balance Sheet, the Cash Flow Statement and
notes to the flnanclal statements, including a summary of significant accounting policies. The financial
Yeporting framework that has been applied in their preparation is applicable law and United Kingdom
Acrountin8 Standards Iunited Kingdom Generally Accepted Accounting Practice), including Financial
Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
In our opinion the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its
incomin8 resources and application of resources, for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice, including Financial Rèporting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland,: and
have been prepared in accordance with the requirements of the Chaiities Act 2011.
Basls for opinlon
We condurted our audit in accordance with International Standard5 on Auditing IUKI IISAS IUKII and
applicable law. Our responsibilities under those st3ndard5 are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of the
charity in accordance with the ethlcal requirements that are relevant to our audit of the financial statement5
in the UK, Including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilitie5 in
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a ba515 for our opinion.
Crmcluslons relatlng to going COn￿M
In auditSng the financial statements, we have concluded that the trustees. use of the goin8 concern basis ol
èctounting in the preparation of the financial statements 15 appropriate.
Based on the work we have performed, we have not identified any material untertainties relating to events
or condltions that, individually or collectively, may c35t significant doubt on the charity's ability to continue
as a 8oin8 concern for a period of at least twelve months from when the financial statements are authorised
for issue.
Our responslbllities and the responsibillties of the trusteès with respect to going concern are described in
the relevant sertions of this report.

REPORT OFTHE INDEPENDENT AUDITORS TO THE TRUSTEES OF
RIDGEGATE HOME
Other Infomiatlon
The trustees a￿ responsible for the other information. The other information cornprises the information
included in the Annual Report, other than the financlal st3tetnents and our Report of the Independent
Auditors thereon. Our opinion on the financi31 st3tement5 does not cover the otheT information and, except
to the extent otheN4ise explicitly stated in our report, we do not express any form of assurance conclusion
thereon.
In connection with our audlt of the financial statements, our responsibility is to read thè oiher information
and, in doing so, consider whether the Cpther information is materially inconsistent with the financi31
staterrents or our knowledge obtained in the audit or otherwise appear5 to be materially misstated. If we
identify 5Uth material inconsistencies or apparent material mi55tatement5, we are required to determine
whether this gives rise to a material misstatement in the financial statements themselve5. 11, based on the
work we have performed, we conclude that there is a material mi5Statement of this other information, we
are requlred to report that fact. We have nothin8 to report in this regard.
Matters on whlch we are requlred to report by exception
We have nothing to ￿port in respett gf the following rnatters where the Charities (Accounts and Reports)
Regulation5 2008 requires us to report to you if, in our opinion..
the information given in the Report of the Trustee5 is inconsistent in any material respect with
the financial statements., or
suffrcient accounting records have not been kept- or
the flnancial statements are not in agreement with the accounting records and retÉJrn5,' or
we have not received all the information and explanations we require for our audit.
RespoDslbllltles of try5tees
As explalned more fully in the St*ement of Tru5tees' Responsibilities, the trustees arÈ responsible for the
preparation of the financial statements which give a true and fair view. and for such internal control as the
trvstees determine is necessaryto enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparlng the flnancial statements, the trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and usin@ the going
con¢ern basis of accounting unle55 the trustees either intend to liquidate the Charity or to cease operation5.
or havè no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
RIDGEGATE HOME
Our responslbilltles for the audit of the financlal statements
We have been appointed as auditor5 under Settion 144 of the Charities Act 2011 and report in accordance
with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
frèe from material misstatement. whether due to fraud or error, and to issue a Report of the Independent
Auditors that includes our opinion. Reasonable assurance is a hiBh level of assurance, but is not a guarantee
that an audit conducted in 8ccordance with ISAS IUKI will always detect a material misstatement when it
exists. Misstaternents can arise from fraud or error and are considered material if, indlvidually or in the
aBgregate. they could reasonably be expected to influence the economic decisions of users taken on the
basis of these financial statements.
The extent to which our procedure5 are capable of detecting irregulaiitles, iniluding fraud is detailed below-.
We identified the laws and regulations applicable to the charity through discussions Wlth the trustees and
from our knowledge and experience of the tharity settor.,
We focused on specific laws and regulations which we considered may h3ve a direct material effect on the
fInanc￿al statements or the operations of the charity. including the Charities Act 2011, taxation legislation
and data protertion, anti-bribery, employment and health and safety legislation..
Additionally, we assessed the su5¢eptibility of the charity's financi31 statements to material rrisstatement,
includlng obtaining and understanding how fraud might occur bv..
making enquire5 Wlth trustees as to where they considered there was susceptibility to fraLJd, their
knowledge of actual, 5U5pected and alleged fraud,. and
considerlnE the internal controls in place to mitigate risks of fraud and non-compliance with law5 and
regulations.
Afurther description of ourresponsibilitiesforthe audit of the financial statements is located on the Financial
Reportlng Council's website at www.frc.org.uklauditor5responsibilities. Thi5 description forms part of our
Report of the Independent Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
RIDGEGATE HOME
Use of our report
This report Is made solely to the charitV'S trustees, as a body, in accordance with Part 4 of the Charities
IAccounts and Reports) Regulations 2(N)8. Our audit work has been undertaken so that we might state to the
charity's trustees those matters we are required to state to them in an auditors, report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the charity and the charity's trustees as a body, for our audit work, for this report. or for the opinions
we have formed.
GBJ Financial Limited
Statutory Auditor
Sterling House
27 Hatchlands Road
Redhill
Surrey
RHI 6RW
Date: ..£.f.. January 2026

RIDGEGATE HOME
STATEMENT OF FINANCIAL AcfiviTIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Note
Unrestricted
funds
Total
2025
Total
2024
Income from:
DonatlOn5 and legacies
Residentlal care char8es
Investments
4,735
1,020,029
16,652
4,735
1,020,029
16,652
9,820
1,110,052
14,199
Totsl Incomè
1,041,416
1,041,416
1,134,071
Expendlture on:
Residential care costs
Governance
1,029,394
16,158
1,029,394
16,158
961,823
23.225
Totsl e¥pendlture
1.045.552
1,045,552
985.048
Net gainsl losses on imiestments
12.595
12,595
14,5771
Net income lexpenditurel
8,459
8,459
144,446
Net movemeni In funds
Total funds brought forward
8,459
744,009
8,459
744,009
144,446
599,563
Total funds carrled forw?rd
752,468
752.468
744,(M)9
The statement of financial activities includes all gains and losses recognlsed in the year.
All Income and expenditure derive from continuing activities.
The notes on pages 12 to 20 form an inteÉral part of these financial statements.

RIDGEGATE HOME
STATEMEKf OF FINANCIAL POSITION
AS AT 31 MARCH 2025
Note
2025
2024
Flxed assets
Tangible assets
Investments
io
li
281,826
227,544
293,944
214,949
509,370
508,893
Current assets
Debtors
Cash at bank and in hand
12
24,241
333.450
9,620
358,336
357,691
367,956
Cred¥tor5: amounts falllnz due
within one year
13
1114,5931
1132,8401
Net current assets
243.098
235,116
Totsl assets less current Ilabilitie5
752,468
744,009
Net assets
752,468
744.009
The funds of the charity
Unrestritted funds
752,468
744,009
Total charity fufftds
752,468
744,009
The financial statements on pages 2 to 20 were approved by the trustees on.....
on thelr behalf by..
January 2026 and signed
rtk.fy
R Coher, Trustee
The notes on pages 12 to 20 form an integral part of these financial statement

RIDGEGATE HOME
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
Note
2025
2024
Cash flows from operatlnB a¢tivitie5
Net cash lused inl provided bv
operating activtties
14
141,5381
201,794
Cash flows from I￿¢Sting actlvltles
Dividends and interest from
nvestments
Purchases of fixed assets
16.652
14,199
126,3991
Change In cash and cash equivalènts
124,8861
189.594
Cash and cash equivalents at the
beginning of the year
358,336
168,742
Cash and cash equlvalents at the
end of the year
333,450
358,336
Represented by
Cash at bank and in hand
333,450
358,336
All of the cash flows are derived from tontinuing activities.
The notes on pages 12 to 20 form an integral part of these financial statements.
li

RIDGEGATE HOME
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountin8 poIiciÈs
Charlty Infomiatlon
Rid8e8ate Home is an unintorporated charity.
1.1 Basls of PTèparin8 the fIna￿la1 statements
The financial statements of the charity. which is a public benefit entity under FRS 102, have been
prepared under the historical cost convention, as modified by the revaluation of investments to fair
value, and In accordance with the Statement of Recommended Practice". Accounting and Reporting
by Charities preparing their actounts in accordance with the Financial Reporting Standard applicable
in the UX and Republic of Ireland IFRS 1021 issued in ottober 2019, the Financial Reporting Standard
appllcable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011 and UK
generally accepted practice a5 it applles from l January 2019.
1.2 6oln8 concern
At the time of approving the financial ststements, the t¥U5tees have a reasonable expectation that
the charlty has adequate resources to continue in operational existence now and lor the medium
terrn, a￿d that its fsn3ncial posltion remains satisfactory. The trustees contir)ue to adopt the goiiig
concern basis of accounting in preparing the financial statements.
1.3 Fund accountlng
The reserve fund5 held by the charity are unrestritted funds. which 8re avallable for use at the
discretion of the trustees in furtherance of their charitable objective5 unle55 the funds have been
designated for other purposes.
12

RIDGEGATE HOME
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
The prfnclpal accounting poll¢les adopted. judgements arkd key sources of estimation uncertainty in
the preparation of the fin3ncial statements are as follows-.
1.4 Incomln# resources
Income is recognised when the charity is legally entitled to it after any performance conditions have
been met, the amounts can be measured reliably, and it Is probable that income will be re￿iVed.
Cash donations are recognised on receipt. Other donations are recognised once the charity ha5 been
notified of the donation. unless performance conditions require deferral of the amount. Income tax
recoverable in relation to donations received under Gift Aid or deeds o* covenant is recognised at
the time of the donatlon.
Legacies are recognised on receipt or otherwise if the charity h8s been notified ol an impending
distribution. the amount 15 known, and receipt is expected. If the amount is not known, the legacy
is treèted as a contingent asset.
Grants are recognised when the charity ha$ 3n entitlement to the fvnds and any conditions linked to
the grants have been rnet. Where performance conditions are attached to the grant and are yet to
be met. the income is recognised a5 a liability ènd Included as deferred income to be released.
Residential fees are accounted for in the period in which they are receivable.
Income from investments is recognised when the charity becomes entitled to receipt.
1.5 Resources expended
Resources expended are recognised In the period in which they are incurred and include attributable
VAT which ¢annot be recovered. Resources expended are allocated to the particular activity where
each cost relates directly to that activity.
Govemance costs include expenditure on compliance with constitutional and statutory
requirements.
1.6 Tangible fixed assets
Tan8ible fixed assets that cost mtsre than £l.IXK> with a Liseful life of morè than 5 years are initially
measured at cost and subsequently measured at cost or valuation, net of depreciation and any
impairment losses. There is no provision fof depreciation of the freehold buildings, as their residua
values are well in excess of their carryin8 amounts. It is the charity's prartice to mèintain th
building5 In a continual state of sound repair. No depreciation 15 charged on freehold land.
Depreciation 15 provided as follows to wriie off the cost or valuation of a55ets less their residual
values over their expetted useful lives..
Land and bull(Jln85
fixtures, fitbngs and equipment
3%- 5% straight Ilne basls on Internal Itft and car park
5%- 2￿ straight line basis
13

RIDGEGATE HOME
NOTES TOTHE FINANCIAL STATEMENTS ICONTINUEDI
FOR THEYEAR ENDED 31 MARCH 2025
1.7 Impalrment of flxed assets
At each reporting end date, the trustees review the carrylng amounts of tangible assets to
determine whether there 15 any indication that those assets have suffered an impairment loss If
any such indication exists, the recoverable amount of the asset is estimated and compared to the
carrying amount. Where the Carrying amount exceeds Its recoverable èmount, an Impairment
loss is recognised in the Statement of Financial Acttvitie5.
1.8 Investments
Fixed asset investments whith consist of listed investments are a form of financial instrument and
are initially measured at transaction price excluding transaction c05t5. and are subsequently
measured at fair value at each reporting date. Investment gairks and losse5, whether realised or
unrealised, are combined and shown in rhe heading 'Net gains Ilossesl on investments, in the
Statement of Financial Activities.
1.9 Debtors
Debtors are recognised at the settlement amount. Prepayment5 are valued at the amount
prepaid.
1.10 Cash and ¢ash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term
liquid investments with origin21 maturities of three months or less, and bank overdra*ts. Bank
overdrafts are Shown within borrowirb8s in current liabilities.
1.11 Flnanclal Instruments
The charity only has financial 855ets and financial liabilities of a kind that qualify as basic ftn8ncial
instruments. Basic financial instruments are initially recognised at transattion value and
subsequently measured at their settlement value with the exception of bank loan5 which are
Subsequently measured at arnortised cost using the effective interest method.
1.12 Llabllltles and provlslons
Liabilities are recognised when the charity has an obligation at the end of its financial year as a
result of a past event. it is probable that a transfer of economic benèfits will be required in
settlement, and the amount of the settlement can be estimated reliably. Liabilities are
recognised at the amountthatthe charity anticipates it will pay to settle the debt or the amount
it ha5 received as advanced payments lor the goods or services it must provide. Provisions are
measured at the best estimate of the amounts required to settle the obligation.
14

RIDGEGATE HOME
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
1.13 Employee benefits
The c05t of any unused holiday entitlement is recognised In the period In which the employee's
services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably
committed to termlnate the employment of an employee or to provide termination benefits.
Retirement btntfits
The charity operate5 a defined contribution pension scheme. The assets of the scheme are held
separately from those of the charity in an independently administered fund. The charity contributes
a specified percentage of payroll costs to the scheme to fund employee retirement benelits. The
pension charge represents the amounts payable by the charity to the fund in respect of the year.
The only obligatlon of the charlty with respect to ihe scheme isto make the specified contribution5.
Crltlcal accounting estimates and judgements
In the application of the charity's accounting policies. the tru5tee5 are required to make judgefnents,
estimates and assumptions about the c8rryin8 amount of a55ets and li3bilities that are not readily
apparent from other sources. The estimates and associated a55umptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from
these estlmate&
Donatlons abxl legacles
2025
2024
Donations and gvfts
Government grants
4,735
4,320
5,500
4.735
9.820
Income Irom Investments
2025
2024
Dividends from listed invèstments and bank interest
16.652
14,199
Analysls of resldentlal care costs
Z025
2024
Unrestricted funds
Direct costs
80,658
85,992
Is

RIDGEGATE HOME
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Employment costs (Note 71
Agency stsff
Establishment costs
Other costs
Depreciation of fixed assets
Impalrment losses
Loss on disposal of fixed assets
701,407
101,417
125,571
8,223
12,118
533,569
216.638
104,408
9,481
11,528
207
1.029,394
961,823
Analysls of governancè costs
2025
2024
Legal and professional costs
Accountancv
Audit fee
Bank charges
6,777
3,084
6,000
297
13,318
3,672
5,700
535
16,158
23.225
16

RIDGEGATE HOME
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEO)
FOR THE YEAR ENDED 31 MARCH 2025
Analysls of staff £osts and benetsts
2025
2024
The aggregate payroll costs were as follows..
Salaries and wages
Social security costs
Employerfs pension contribLJtions
Trainin8 and other staff expenses
632,734
50,090
9,637
8,946
482.582
32,558
7,308
11,121
701,407
533.569
Key mana8•ment personnel
Induded in salarles and employerfs penslon contrlbLrtlons:
Remuneration and benefits
92,039
100.493
The trustees together with the senior manaeement team comprise the key management personnel
of the charity. None of the trustees, nor any person connected with them, received remuneration.
One trustee wa5 reimbursed fortravel related expenses during the period pertaining to their trustee
work..
No employee re¢elved remuneratlon in excess of £60,00012024- none).
Average number of staff duringthe year..
Residential care staff
Management and administration
26
23
29
26
17

RIDGEGATE HOME
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Net galnsl Ilossesl on Investments
2025
2024
G3ins/ (Losses) on revaluatitsn of investments
12.595
14,5771
T•yation
Ridgegate Home is a registered charity and under Part 10 of the Income Tax Act 2007 and section
256 of the Taxation of Chargeable Galns Act 1992 is exempt from tax on its income and capitèl gains
applied to its charitable purposes.
io
Tanglble flxed assets
Freehold
land and
buildin8S
Flxtures,
fittlngs and
equiprnent
Total
Cost
At l April 2024
Addition5
Di5P05als
408,480
117.281
525,761
At 31 March 2025
408,480
117,281
525,761
Depreclation and irnpairment
At l April 2C)24
Depreciation charged in the year
Elimlnated on dSsposals
162.956
3,636
68,861
8,482
231,817
12,118
At 31 March 2025
166.592
77,343
243,935
Carrylng amount
At 31 March 2025
241.888
39,938
281,826
At 31 March 2024
245.524
48,420
293,944
Induded in the cost of 13nd and buildings is freehold land of £9,545 12024: £9,545) which is not
depreclated. Although no professional valuation has been carried Dut in recent years, the tr(Jstees
are of the opinion that the freehold land and buildings have a market value siÉnificantly higher than
their carrying amount.
18

RIDGEGATE HOME
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
11 Flxed asset Snvestments
Lrsted
Investment5
Cost or valuatlon
At l April 2024
Revaluation
214,949
12,595
At 31 March 2025
227,544
Carrying amount
At 31 March 2025
227,544
At 31 March 2024
214,949
The listed investments are admlnistered and valued annually by J M Finn & Co, a member of the
London Stock Exchènge, using market prices. The historical cost of the investrnent5 at 31 March
2025 was £46,73412024- £46,734).
Iz
Dthor5
2025
2024
Residentlal care charges
other debtors
Prepayrnent and accrued income
10,393
8,908
4,940
2,731
2.972
3,917
24,241
9,620
19

RIDGEGATE HOME
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR TMEYEAR ENDED 31 MARCH 2025
13 Credltors: amounts falling due within one year
2025
2024
Residential care costs
Residential care chargè%
Other taxation and social security
Other creditors
Accrua15
Deferred income
15,982
18,511
10,490
1,257
62,774
5,579
20,892
27,275
9,057
2,232
57. 581
15,803
114,593
132,840
Acuuals represents staff costs, agency fees, utilities, audit and accountancy fees.
Deferred income represents residential charges ieceived in advance.
14 Reconciliation tsf net Income to net cash flow
from oper•tlng actlvltles
2025
2024
Net income lexpenditurel foT the year as per the
Statement of Financial ActNities
Adjustments for..
Divldends and interest from investment5
Fair value losses Igainsl on investments
Depreciation charges and impairment losses
Decrease lincreasel In debtors
Increase Ide¢reasel in creditors
8.459
144,446
116,6521
112,5951
12,118
114,6211
118,2471
114,1991
4,577
11,735
10,135
45,100
Net cash provlded by (used inl operatlng activltles
141,5381
201,794
20