2021-03-31-accounts - Susan Day Residential Home

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			Pages
Trustees'	annual report		1to9
Independent auditor's		report to the members	10to 12
Statement	offinancial	activities	13
Statement	offinancial	position	14
Statement	ofcash flows		15
Notes to the financial		statements	16to 25

Registered	name	Susan Day Residential	Susan Day Residential	Home
Charity registration	number	205695
Principal office		South Lodge
		Runnacleave	Road
		llfracombe
		Devon
		EX348AQ
The trustees		Mrs P Cox
		Mr PJaggers
		Mrs SRoles
		Mrs M Clements
		Mrs E Gilliat
		Mrs J Donovan
		Mr G Hills
		Mrs A Thomas-Stafford
		Mr M Thomas
Auditor		Thomas Westcott
		Chartered Accountants		&Statutory Auditors
		47 Boutport Street
		Barnstaple
		Devon
		EX31 1SQ
Bankers		Lloyds Bank	pic
		109High Street
		Ilfracombe
		Devon
		EX349EU

Low	Likelihood		Low Likelihood
Low	Severity ofImpact		High Severity of
			Impact
High	Likelihood	IV:	High Likelihood
Low	Severity of Impact		High Severity of
			Impact

	Ye	ar ende	d 31 March	2021
				2021		2020
			Unrestricted	Restricted
			funds	funds	Total funds	Total funds
		Note	F	F	F	F
Income and endowments
Donations and legacies Charitable activities		4 5	11,225 972,128	74,800	86,025 972,128	95 886,461
Other trading activities Investment income		6 7	1,082 2592		1,082 2,592	1,945 5,074
Total income			987,027	74,800	1,061,827	893,575
Expenditure Expenditure on charitable Other expenditure	activities	8„9 11	1,024,805 14,929	74,800	1,099,605 14,929	1,001,511 21,316
Total expenditure			1,039,734	74,800	1,114,534	1,022,827
f(let expenditure and net funds	movement	in	(52,707)		(52,707)	(129,252)
Reconciliation offunds Total funds brought forward			717,443		717,443	846,695
Total funds carried forward			664,736		664,736	717,443

					2021		2020
				Note			F
Fixed assets
Tangible fixed assets				15		392,353	399,057
Current assets
Stocks				16	1,892		2,594
Debtors				17	6,449		11,168
Cash at bank	and	in	hand		294,75?		319,459
					303,098		333,221
Creditors: amounts			falling due within one year	18	30715		14,835
Net current	assets					272,383	318,386
Total assets	less	current liabilities				664,736	717,443
Net assets						664,736	717,443
Funds ofthe charity Unrestricted funds						664,736	717,443
Total charity	funds			21		664,736	717,443

	Year en	ded 31 March 20	21
			2021	2020
				E
Cash flows from operating	activities
Net expenditure			(52,707)	(129,252)
Adjustments for: Depreciation oftangible fixed assets			6,704	8,165
Government grant income			(85,534)
Other interest receivable and similar income			(2,592)	(5,074)
Accrued (income)/expenses			(709)	1,494
Changes in: Stocks			702	310
Trade and other debtors			4,719	8,246
Trade and other creditors			16,589	(1,802)
Cash generated from operations			(112,828)	(117,913)
Interest received			2,592	5,074
Net cash used in operating	activities		(110,236)	(112,839)
Cash flows from financing Government grant income	activities		85,534
Net cash from financing activities			85,534
Net decrease in cash and	cash equivalents		(24,702)	(112,839)
Cash and cash equivalents	at beginning	ofyear	319,459	432,298
Cash and cash equivalents	at end ofyear		294,757	319,459

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		E	F
Donations
Donations —general		491		491
Grants
Government	grant income - Covid-19	10,734	74,800	85,534
		11,225	74,800	86,025
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
		E	f.	F
Donations
Donations —general		95		95
Grants
Government	grant income —Covid-19
		95		95

						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
						E		E	E
	Residents fees - general Bursary fees					957,199 14,929	957,199 14,929	865,145 21,316	865,145 21,316
						972,128	972,128	886,461	886,461
6.	Other trading			activities
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
								E	F
	Fundraising		events - amenities			1,082	1,082	1,945	1,945
7.	Investment		income
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
						E		F
	UK bank	deposit account interest				2,592	2,592	5,074	5,074
8.	Expenditure			on charitable	activities	by fund type
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2021
	General	fund					1,005,496	74,800	1,080,296
	Amenities		fund				1,281		1,281
	Support costs						18,028		18„028
							1,024,805	74,800	1,099,605
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2020
							E	E	E
	General	fund					983,249		983,249
	Amenities		fund				1,066		1,066
	Support	costs					17,196		17,196
							1,001,511		1,001,511

Expendit	ure on charitable	activities by activity typ	e
		Activities
		undertaken			Total funds	Total fund
		directly	Support	costs	2021	2020
General	fund	1,080,296		18,028	1,098,324	1,000,445
Amenities	fund	1,281			1,281	1,066
		1,081,577		18,028	1,099,605	1,001,511

Analysis of	suppo	rt costs
				Unrestricted
				funds	Total 2021	Total 2020
				F		E
Printing, postage, Accountancy fees		stationery	and adverts	3,653 4,795	3,653 4,795	4,302 4,531
Audit fees				1,600	1„600	1,600
Consultancy	charges			7,930	7,930	6,713
Bank charges				50	50	50
				18,028	18,028	17,196

11.	Other expenditure	Other expenditure
				Unrestricted	Total	Funds	Unrestricted	Total Funds
				Funds		2021 f	Funds	2020 E
	Bursary costs			14,929		14,929	21,316	21,316
12.	Net expenditure
	Net expenditure	is stated after charging/(crediting):
							2021	2020
							F	F
	Depreciation of	tangible	fixed assets				6,704	8,165
13.	Staff costs
	The total staff costs and		employee	benefits for the reporting		period are analysed as		follows:
							2021	2020
								E
	Wages and salaries Social security costs						742,174 47,238	701,926 45,495
	Employer contributions		to pension	plans			13,282	14,419
							802,694	761,840

will make sundry purchases using their own cr receipts. Tangible fixed assets	edit cards for which t	hey are reimburs	ed against
	Land and	Fixtures and
	buildings	fittings	Total
	E		E
Cost
At 1 April 2020 and 31 March 2021	517,002	255,038	772,040
Depreciation At 1 April 2020	119,479	253,504	372,983
Charge for the year	5,170	1,534	6,704
At 31 March 2021	124,649	255,038	379,687
Carrying amount At 31 March 2021	392,353		392,353
At 31 March 2020	397,523	1,534	399,057

17.	Debtors		Year ended 31 March 2021
				2021	2020
	Trade debtors			3'73	5,357
	Prepayments	and accrued income		6,076	5,811
				6,449	11,168
18.	Creditors: amounts		falling due within one year
				2021	2020
				F	F
	Trade creditors			10,365	7,233
	Accruals and	deferred	income	6,893	7,602
	Social security	and other taxes		13,457
				30,715	14,835

The amounts	recognised in the financi	al statements for governm	ent grants are as follo	ws:
			2021 f	2020
Recognised Government	in income from donations grants income	and legacies:	85,534

							At
			At				31 March
		1	April 2020	Income E	Expenditure	Transfers E	2021 f
General	Fund		154,757	986,949	(1,033,665)		108,041
Amenities	fund		15,163	78	(899)		14,342
Property reserve Contingency fund			397,523 150,000		(5,170)		392,353 150,000
			717,443	987,027	(1,039,734)		664,736
			At				At 31 March
		1	April 2019	Income	Expenditure	Transfers	2020
			E		E	F
General	Fund		179,027	892,291	(1,016,561)	100,000	154,757
Amenities	fund		14,975	1,284	(1,096)		15,163
Property reserve Contingency fund			402,693 250,000		(5,170)	(100,000)	397,523 150,000
			846,695	893,575	(1,022,827)		717,443

22.	Analysis	ofnet as	se	ts between funds
					Unrestricted	Total Funds
					Funds	2021
	Tangible fixed assets Current assets				392,353 303,098	392,353 303,098
	Creditors	less than	1	year	(30,715)	(30,715)
	Net assets				664,736	664,736
					Unrestricted	Total Funds
					Funds	2020
						F
	Tangible	fixed assets			399,057	399,057
	Current	assets			333,221	333,221
	Creditors	less than	1	year	(14,835)	(14,835)
	Net assets				717,443	717,443
23.	Analysis	ofchanges		in net debt

Analy	sis	ofc	han	ges	in net debt
										At
						At	1	Apr 2020	Cash flows	31 Mar	2021
									F		E
Cash	at	bank	and	in	hand			919,459	I24,702)	294,757

		2021	2020
			F
Income and endowments
Donations and legacies Donations - general		491	95
Government grant income	- Covid	85,534
		86,025	95
Charitable activities
Residents fees - general Bursary fees		957,199 14,929	865,145 21,316
		972„128	886,461
Other trading activities
Fundraising events - amenities		1,082	1,945
Investment income
UK bank deposit account	interest	2,592	5,074
Total income		1,061,827	893,575

		2021	2020
		F
Expenditure on charitable	activities
General fund
Activities undertaken directly
Staff costs		742„174	701,926
Employers NIC Employers pension Rates, water and insurance		47,238 13,282 21,497	45,495 14,419 18,904
Light, heat and telephone Repairs, maintenance and Agency costs Transport, trip and gifts General expenses Depreciation for the year Provisions	gardening	26,492 120,253 1,040 1,643 1,173 6,704 56,173	32,404 76,304 5,783 3,149 1,686 8,165 48,063
Cleaning Registration fees and subscriptions		32,878 9,749	18,209 8,742
		1,080,296	983,249
Support costs Printing, postage, stationery Accountancy fees Consultancy fees Audit fees	and adverts	3,653 4,795 7,930 1,600	4,302 4,531 6,713 1,600
Bank charges		50	50
		18,028	17,196
Amenities fund
Activities undertaken directly
Transport, trips and gifts General expenses		700 581	961 105
		1,281	1,066
Expenditure on charitable	activities	1,099,605	1,001,511