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|CONTENTS|||Page|
|---|---|---|---|
|Reference and Administrative||Details||
|Trustees'
Report|||3 - 10|
|Statement ofFinancial|Activities|||
|Balance Sheet|||12|
|Cash Flow Statement|||13|
|Notes to Financial
Statements|||14-22|
|Independent
Auditors'|Report||23 -24|
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|||||2021|||2020||
|---|---|---|---|---|---|---|---|---|
|||||8'000|'/o|f'000||o/o|
|Royal Variety Performance||(incl|TV income)|1,171|41'/o|504||17'/o|
|'Britain's|Got Talent'||||-'/o|25||I '/o|
|Legacies||||226|8'/o|2||-'/o|
|Donations,|appeals and investment||income|248|9'/o|801||27o/o|
|Residential|and nursing care fees|||1,202|4I '/o|1,558||52o/o|
|Grants||||41|I o/o|109||3o/o|
|||||f2,888|100'/o|f2,999||100'lo|
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||||||Total|Total|
|---|---|---|---|---|---|---|
||||||Funds|Funds|
||||||2021|2020|
|||||Note||8|
|Income from:|||||||
|Donations
and legacies:|||||||
|Royal Variety Performance|||||821,206|139,327|
|TV fees (including
Britain's Got Talent)|||||350,000|390,000|
|Legacies|||||225,671|1,803|
|Donations,
appeals and|fundraising|events|||136,603|676,154|
|Grants|||||40,955|108,687|
|Income from investments|||||111,856|124,325|
|Other Income||||||370|
|Income from charitable|activities||||||
|Residential
and nursing|care fees||||1,201,523|1,558,677|
|Total income|||||2,887,814|2,999,343|
|Expenditure
on|||||||
|Cost ofgenerating
funds:|||||||
|Royal Variety Performance|||||330,620|35,104|
|Investment
management|costs||||20,392|18,252|
|Other fundraising
and publicity|||||300,381|348,336|
|Charitable
activities|||||||
|Brinsworth
House Residential
and||nursing|care||2,043,645|2,322,262|
|Charitable
aid|||||182,319|150,913|
|Total expenditure||||5|2,877457|2,874,867|
|Realised investment
gain/(loss)||||2|13,048|(46,662)|
|Unrealised
investment
gain||||2|230,292|91,874|
|Net income/(expenditure)|||||253,797|169,688|
|Net movement
in funds|||||253,797|169,688|
|Funds brought
forward|as at I January||2021||10,577,23 I|10,407,543|
|Total funds as at 31 December 2021||||11 4? 12|10,831,028|10,577,231|
|||||Balance Sheet as at 31stDecember 2021|Balance Sheet as at 31stDecember 2021|||
|---|---|---|---|---|---|---|---|
|||||Note|2021
8|2020
8|f|
|Fixed Assets||||||||
|Tangible assets||||8a|5, I96,830||5,042,096|
|Intangible
assets||||8b||||
|Investments||||2|3,277,260||3,248,538|
||||||8,474,090||8,290,634|
|Current Assets||||||||
|Debtors||||9|661,187|218,740||
|Cash at bank|and in hand||||1,852,543|2,228,852||
||||||2,513,730|2,447,592||
|Creditors: amounts||falling||||||
|due within one year||||10|(156,792)|(160,995)||
|Net Current|Assets||||2456,938||2486,597|
|Total Assets|less Current||Liabilities||10,831,028||10,577,231|
|Funds||||||||
|General Reserves (Unrestricted)||||11& 12|4,096,914||3,885,135|
|Fixed Asset Fund (Designated)||||11& 12|5,196,830||5,042,096|
|Refurbishment|Fund|(Designated)||ll & 12|1,537,284||1,650,000|
|Total Funds|||||10,831,028||10,577,231|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|Reconciliation ofnet income to net|cash|flow from|operating|||activities|||
|Net income for the reporting
period|||||||253,797|169,688|
|Depreciation
and amortisation
charges|||||||99,012|98,537|
|Decrease/(Increase)
in debtors|||||||(442,447)|29,998|
|Increase/(Decrease)
in creditors|||||||(4,203)|(18,351)|
|Interest and dividends|||||||(111,856)|(124,325)|
|(Gains)/Losses
on investments|||||||(243,340)|(45,212)|
|Cash flows from operating
activities|||||||(449,037)|110,335|
|Cash flows from investing
activities|||||||||
|Dividends
and interest received|||||||111,856|124,325|
|Purchases oftangible
assets|||||||(253,746)|(29,513)|
|Withdrawal
from investment
portfolio|||||||300,000||
|Purchase ofinvestments|||||||(522,753)|(422,101)|
|Proceeds from sale ofinvestments|||||||437,371|1,178,881|
|Net cash provided
by/(used)
in investing||activities|||||72,728|851,592|
|Change
in cash and cash equivalents|in the|reporting|period||||(376,309)|961,927|
|Cash and cash equivalents
at the beginning||ofthe reporting|||period||2,228,852|1,266,925|
|Cash and cash equivalents
at the end of||the reporting||period|||1,852,543|2,228,852|
|Notes to the Cashflow Statement|||||||2021|2020|
|Analysis ofcash and cash equivalents|||||||||
|Cash at bank and in hand|||||||1,852,254|2,228,852|
|Analysis ofnet debt||||||As at Iu|Cash flow|As at 3pa|
|||||||January||December|
|||||||2021||2021|
|Cash at bank and in hand||||||2228 852|376309|1,852,543|
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|||Estimated Useful Life|
|---|---|---|
|Buildings||50years|
|Furniture,|Fixtures and Equipment|10years|
|Computers|and Office Equipment|3years|
|Trademarks|and Patents|5years|
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|2.|FIXEDASSETS INVESTMENTS|FIXEDASSETS INVESTMENTS|FIXEDASSETS INVESTMENTS||2021|2020|
|---|---|---|---|---|---|---|
||||||6||
|a)|Listed Investments||||||
||Market Value as at I January||2021||3,248,538|3,085,106|
||Add: addition to investments||at cost||209,424|367,101|
||Increased retained
cash||||313,329|55,000|
||Less: disposals||||(437,371)|(330,365)|
||Less: withdrawal||||(300,000)||
||Add/(deduct)
net gains/(loss)||realised||13,048|(20,178)|
||Add net gains on revaluations||||230,292|91,874|
||Market Value at 31"December 2021||||3,277,260|3448,538|
||There were no individual|listed investments||in excess of 5'Yoofthe total portfolio value.|||
||||||2021|2020|
||||||f.||
|b)|Investment
Income||||||
||Dividend
income||||104,952|109,922|
||Other interest receivable||||6,904|14,403|
||||||111,856|124/25|
|c)|Investment
property||||||
||||||2021|2020|
||Market value brought forward||||||
||As at 1 January 2021|||||875,000|
||Less: disposal proceeds|||||(848,516)|
||Less: loss on disposal|||||(26,484)|
||Market value carried forward||||||
||As at 31 December 2021||||||
||Summary ofinvestments||||||
||Listed and non-listed
investments||||3,277,260|3,248,538|
||Investment
property||||||
||||||3477,260|3,248,538|
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|3.|DONATIONS,|APPEALS AND FUNDRAISING|APPEALS AND FUNDRAISING|APPEALS AND FUNDRAISING|APPEALS AND FUNDRAISING|||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||EVENTS|||||||Total|Total|
||Donations|||||||(36,603|676,154|
||Other Fundraising||events|||||||
|||||||||136,603|676,]54|
|4.|Grants|||||||2021|2020|
|||||||||Total|Total|
||infection Control||Fund|||||40,955|79,413|
||Job Retention|Scheme|||||||29,274|
|||||||||40,955|108,687|
|5|(a)TOTAL EXPENDITURE 2021|||||||||
||||||Brinsworth|||||
||||||House|||||
|||||Cost of|residential|||||
|||||Generating|and nursing|Charitable|Governance|Support|Total|
|||||Funds|care|Aid|Costs|Costs|2021|
|||||8|||8|8||
||StatYand related costs|||66,233|1,436,689|43,410||75,275|1,621,607|
||Catering||||112,047||||I 12,047|
||Laundry,
cleaning and inedical||||148,853||||148,853|
||Repairs and maintenance||||54,304||||54,304|
||Utilities, rates and insurance||||74,444|||23,069|97,513|
||Other running
costs||||27,748|||1,085|28,833|
||General office expenses|||1,756||||21,430|23,187|
||Publicity
and marketing|||141,231|||||141,231|
||Royal Variety Performance|||330,620|||||330,620|
||Other event costs|||439|||||439|
||Printing,
postage and stationery|||||||14890|14,890|
||ITand equipment|||||||22,697|22,697|
||Audit||||||17,220||17,220|
||Legal and professional||||||5,250||5,250|
||Depreciation||||98,837|||176|99,013|
||Bank charges|||||||351|351|
||Pensions and grants|||||138,909|||138,909|
||Investment
management||costs|20,392|||||20,392|
||Direct costs|||560,671|1,952,922|182,319|22,470|158,975|2,877457|
||Supportcost|||79,487|79,488|||(158.975)||
||Governance
cost|||11,235|11,235||(22,470)|||
||Total Costs|||651393|2,0434145|182319|||2,877357|
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|||||||Brinsworth|Brinsworth|Brinsworth||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||House|||||||
|||||Cost of|||residential|||||||
||||Generating|||and nursing|||Charitable||Governance|Support|Total|
|||||Funds|||care||Aid||Costs|Costs|2020|
||||||||||||f.|8||
|Staff and related costs||||64,802|||1,580,658||27,555|||112,835|1,785,850|
|Catering|||||||119,051||||||119,051|
|Laundry,
cleaning and medical|||||||194,731||||||194,731|
|Repairs and maintenance|||||||47,216||||||47,216|
|Utilities, rates and insurance|||||||69,966|||||14,953|84,919|
|Other running
costs|||||||101,630|||||535|102,165|
|General oBiccexpenses||||588|||||6,425|||17,878|24,891|
|Publicity
and marketing||||163,538|||||||||163,538|
|Royal Variety Performance||||35,104|||||||||35,104|
|Other event costs||||2,339|||||||||2,339|
|Printing,
postage and stationery||||||||||||13,267|13,267|
|ITand equipment||||||||||||24,466|24,466|
|Audit|||||||||||16,800||16,800|
|Legal and professional|||||||||||16,985||16,985|
|Depreciation|||||||97,818|||||719|98,537|
|Bank charges||||||||||||3,946|3,946|
|Pensions and grants|||||||||116,933||||116,933|
|Investment
Property
expenses||||5,877|||||||||5,877|
|Inveshnent
management|costs|||18,252|||||||||18,252|
|Direct costs||||290,500|||2,211,070||150,913||33,785|188,599|2,8743167|
|Support cost||||94,300|||94,299|||||(188,599)||
|Governance
cost||||16,892|||16,893||||(33,785)|||
|Total Costs||||401,692|||2422462||150,913||||2,874,867|
|STAFFCOSTS||||||||||||2021|2020|
|||||||||||||8||
|Wages and salaries||||||||||||1,440,259|1,515,209|
|Social Security Costs||||||||||||137,636|143,978|
|Pensions||||||||||||34,336|34,354|
|Agency and contract staff||||||||||||9,376|92,309|
|||||||||||||1,621,607|1,785,850|
|The charity
had one employee||||earning|f60,000 or|||more during||the|year (2020: I).|||
|The total cost for|our four Key Management||||||during||the year was 6256,115(2020:|||||
|6256,564).||||||||||||||
|||||||||||||2021|2020|
|||||||||||||No.|No.|
|The average weekly number|||ofemployees|||analysed||by|function was:|||||
|Brinsworth
House|residential||and nursing|||care||||||46|53|
|Fundraising
and publicity||||||||||||2|2|
|Support staff||||||||||||3|3|
|||||||||||||51|58|
|The Charity had support||from||two volunteers|||in the year (2020:two).|||||||
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|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS||Furniture,|Computers||
|---|---|---|---|---|---|
|||Freehold|Fixtures 8c|And OITice||
|||Buildings|Equipment
f|Equipment
f|Total|
|Cost||||||
|As at 1stJanuary 2021||5,572,735|189,921|42,304|5,804,960|
|Additions||212,716|40,0 I5|1,015|253,746|
|As at 31st December 2021||5,785,451|229,936|43,319|6,058,706|
|Depreciation||||||
|As at 1stJanuary 2021||566,710|I53,970|42,184|762,864|
|Charge for year||91,478|7,359|175|99,012|
|As at 31st December|2021|658,188|161429|42,359|861,876|
|Net Book Value||||||
|As at 31st December|2021|5,127,263|68,607|960|5,196,830|
|As at 31st December|2020|5,006,025|35,951|]20|5,042,096|
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|SIL|INTANGIBLE FIXEDASSETS|Trademarks|
|---|---|---|
|||and patents|
||Cost||
||As at 1stJanuary 2021|50,453|
||Additions||
||As at 31stDecember 2021|50,453|
||Depreciation||
||As at 1stJanuary 2021|50,453|
||Charge foryear||
||As at31stDecember 2021|50,453|
||Net Book Value||
||As at 31st December 2021||
||As at 31stDecember 2020||
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|9.|DEBTORS
Residents k other|fees|||||2021f
616,864|2020f
175,230|
|---|---|---|---|---|---|---|---|---|
||Prepayments||||||39,552|29,892|
||Other debtors||||||4,771|13,618|
||||||||661,1$7|218,740|
|10.|CREDITORS: Amounts||falling due within||one year||2021|2020|
||Trade Creditors||||||58,646|46,686|
||Other taxes and social security|||costs|||32,274|46,123|
||Accruals and deferred income||||||57,664|63,900|
||Other creditors||||||8,208|4,286|
||||||||156,792|160,995|
|11.|(a) FUND BALANCES|||1January||||31 December|
||2021|||2021|Income
f.|Expenditure
f|Transfers
f|2021f|
||Unrestricted
funds||||||||
||General reserves|||3,885,135|3,031,154|(2,778,345)|(41,030)|4,096,914|
||Designated
funds||||||||
||Fixed asset fund|||5,042,096||(99,012)|253,746|5,196,830|
||Refurbishment
fund|||1,650,000|100,000||(212,716)|1,537,284|
||Total unrestricted|funds||10,557,231|3,131,154|(2,877,357)||10,$31,028|
|11.|(b) FUND BALANCES|||I January||||31 December|
||2020|||2020f|Income|Expenditure
f.|Transfers|2020|
||Unrestricted
funds||||||||
||General reserves|||5,296,423|2,999,343|(2,731,118)|(1,679,513)|3,885,135|
||Designated
funds||||||||
||Fixed asset fund|||5, I II, I20||(98,537)|29,513|5,042,096|
||Refurbishment
fund||||||1,650,000|1,650,000|
||Total unrestricted|fuads||10,407,543|2,999443|(2,829,655)||10,577,231|
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|12.|(a)ANALYSIS O|F NET ASSETSBETWEEN|FUNDS 2021|||
|---|---|---|---|---|---|
||||Unrestricted|Designated||
||||Funds|Fundsf|Total
8|
||Fund balances as|at 31 December 2021 are||||
||represented
by:
Fixed assets|||5,196,830|5,196,830|
||Intangible
assets
Investments||3,277,260||3,277,260|
||Current assets||976,446|1,537,284|2,513,730|
||Current
liabilities||(156,792)||(156,792)|
||Total net assets||4,096,914|6,734,114|10,831,028|
|12.|(b)ANALYSIS OF NET ASSETSBETWEEN||FUNDS 2020|||
||||Unrestricted|Designated||
||||Funds|Funds|Total|
||Fund balances as|at 31 December 2020 are||||
||represented
by:
Fixed assets|||5,042,096|5,042,096|
||Intangible
assets
Investments||3,248,538||3,248,538|
||Current assets||797,592|1,650,000|2,447,592|
||Current
liabilities||(160,995)||(160,995)|
||Total net assets||3,885,135|6,692,096|10)577,231|
|13.|OPERATING LEASES|||2021|2020|
||||||8|
||Payable: Within
I year
Payable: 2 - 5years|||57,454
228,560|50,764
205,014|
|||||286,014|255,778|
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