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|Charity Registration|Charity Registration|Charity Registration|Number|Number|209230|||||
|---|---|---|---|---|---|---|---|---|---|
|Company|Registration|||Number|293710|||||
|Governing||Instrument|||Articles ofAssociation|||dated|18th November 2021,as amended.|
||||||The principal
aim|is|to|provide|nursing care based on Christian Science|
||||||principles.|||||
|Directors|(Trustees)||||Mr BBlandford|||||
||||||Mrs M Chaplin|||||
||||||Mr G H Ekins|||||
||||||Mrs G A Smith|||||
||||||Mr A M Holland|||||
|CEO/Administrator|||||Mrs E P Lawal|||||
|Registered||Office|||Charton
Manor|||||
||||||Gorse
Hill|||||
||||||Farningham|||||
||||||Kent DA4 OJT|||||
|Independent||Auditors|||Myrus Smith|||||
||||||Chartered
Accountants|||||
||||||Statutory
Auditors|||||
||||||Norman
House, 8 Burnell Road, Sutton|||||
||||||London SM1 4BW|||||
|Bankers|||||Lloyds Bank Pic|||||
||||||130The Broadway|||||
||||||Bexleyheath|||||
||||||Kent DA6 7DP|||||
|Investment||Managers|||Investec Wealth|8 Investment|||Ltd|
||||||30Gresham
Street|||||
||||||London EC2V 7QN||&|||
||||||Atomos Investments||Limited|||
||||||16South Park Sevenoaks|||||
||||||Kent TN13 1AN|||||
|Solicitor|||||Stone King|||||
||||||Boundary
House|||||
||||||91 Charterhouse|Street||||
||||||London|||||
||||||EC1M 6HR|||||
|Insurance|Brokers||||Arthur J.Gallagher||Insurance||Brokers Limited|
||||||Temple Circus House|||||
||||||Temple Way|||||
||||||Bristol|||||
||||||B$16HG|||||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|2021|
||||Notes|f|f|||
|Income from:||||||||
|Donations
and leqacies|||2|648,979|643|649,622|606,191|
|Charitable
activities:||||||||
|Contributions
received|||3|565,532|70,666|636,198|938,684|
|Investment
income|||4|99,826|26,331|126,157|124,940|
|Total Income||||1314337|97640|1411977|1669810|
|Expenditure
on:||||||||
|Cost ofraising funds:
Investment
management||fees|5|27,733|5,980|33,713|30,520|
|Expenditun.
on cbarftabte|activities:|||||||
|Provision ofcare services|||6|1,187,586|255,799|1,443,385|1,334,226|
|Total expenditure||||1 215319|261 779|1 477098|1 364746|
|Net income/(expenditure)|before investment|||||||
|gains||||99,018|(164,139)|(65,121)|305,069|
|Net gains/(losses)
on investments|||15|(511,983)|(79,600)|(591,583)|762,130|
|Net income/(expenditure)|||10|(412,965)|(243,739)|(656,704)|1,067,199|
|Transfers
between funds|||18|(50,000)|50,000|||
|Net Movement
in Funds||||(462,965)|(193,739)|(656,704)|1,067,199|
|Reconciliation
offunds:||||||||
|Fund balances at the start|ofthe|||||||
|reporting
period|||18|7,265,809|974,592|8,240,401|7,173,202|
|Fund balances at the end
reporting
period||ofthe|10|600284~|700853|7583697|~04
4|
##
||||||||2022||2021||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes|f||||
|FIXED ASSETS|||||||||||
|Tangible
fixed assets||||||14||2,155,980||2,175,197|
|Investments||||||15||4,956,529||5,595,935|
|||||||||7,112,509||7,771,132|
|CURRENT
ASSETS|||||||||||
|Debtors||||||16|63,584||59,748||
|Cash at bank and|in hand||||||472,417||471,722||
||||||||536,001||531,470||
|CREDITORS: amounts
falling|||due||||||||
|within one|year|||||17|64,813||62,201||
|NET CURRENT|ASSETS|||||||471,188||~69269|
|TOTAL ASSETS LESS CURRENT|||||||||||
|LIABILITIES||||||19||7,583,697||8,240,401|
|THE FUNDS OF THE CHARITY|||||||||||
|Unrestricted|||||||||||
|General Funds||||||18||6,802,844||7,265,809|
|Restricted|||||||||||
|Hawthorne
Trust|[Charton|Manor]||Benevolent|Fund|18||3,898||64,588|
|Brenda Woodcock Memorial|||Fund|||18||247,975||275,119|
|Visiting Christian|Science|Nurse Service||||18||527,480||633,385|
|Gifts to Christian|Science|Nurses||Fund||18||1,500||1,500|
|TOTAL CHARITY|FUNDS|||||||7,583,697||8,240,401|
##
##
||||2022|2021|
|---|---|---|---|---|
|Cash flows from operating
activities:|||||
|Net movement
in funds for the year|||(656,704)|1,067,199|
|Depreciation
charges|||76,747|73,231|
|Investment
income|||(126,157)|(124,940)|
|Loss on the disposal offixed assets||||4,259|
|Losses/(Gains)
on investments|||591,583|(762,130)|
|(Increase)/decrease
in debtors
Increase/(decrease)
in creditors|||(3,834)
2,612|60,128
~11,940|
|Net cash used in operating
activities|||(115,753)|305,907|
|Cash flows from investing
activities:|||||
|Investment
income|||126,157|124,940|
|Purchase oftangible fixed assets|||(57,530)|(136,010)|
|Purchase offixed asset investments|||(1,506,328)|(1,128,934)|
|Proceeds from the sale offixed asset investments|||1,528,274|874,054|
|Cash (deducted
from)/added
to investment|cash||25,875~9,709|1,393
(389,497)|
|Net cash provided
by investing
activities|||116,448|(264,557)|
|Increase/(decrease)
in cash and cash equivalents||in|||
|the year|||695|41,350|
|Cash and cash equivalents
at the beginning|ofthe year||471,722|430,372|
|Total cash and cash equivalents
at the end ofthe|||||
|year|||472,417|471 722|
##
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##
##
##
|||'/o|
|---|---|---|
|Buildings||2|
|Boilers/plant||5|
|Furniture,|fixtures and fittings|10|
|Equipment||10|
|Computer|equipment|20|
|Motor vehicles||20|
##
##
|2. DONATIONS
AND LEGACIES|||
|---|---|---|
||2022
f.|2021f|
|Donations|103,612|272,652|
|Legacies|546,010|333,539|
||649,622|606,191|
##
||||
|---|---|---|
|3.INCOME FROM CHARITABLE ACTIVITIES|2022|2021|
|Contributions
due from guests|593,251|883,486|
|Amounts
due from staff/students|34,471|46,140|
|Phone recoveries|1,032|3,107|
|Otherrecoveries|7,444|5,951|
||636,198|938,684|
|4, INVESTMENT|INCOME|2022f|2021
F|
|---|---|---|---|
|From listed securities||125,624|124,479|
|Bank interest||533|461|
|||126,157|124,940|
##
|5.COST OF RAISING FUNDS|5.COST OF RAISING FUNDS|Direct|Support|Total|Total|
|---|---|---|---|---|---|
|||Costs|Costs|2022|2021|
|Investment
management
fees||f33,713|fNil|f33,713|f30,520|
|Of the f30,520 expenditure|recognised|in 2021, f26,339 was|charged
to unrestricted
funds||and F4,181 was|
|charoed to restricted
funds.||||||
|6.COST OF CHARITABLE ACTIVITIES||Direct|Support|Total|Total|
|||Costs|Costs|2022|2021|
|Provision of nursing care||f1,219,446|F223,939|f1,443,385|f1,334,226|
##
|7.ANALYSIS OF DIRECT COSTS|Raising|Charitable|Total|Total|
|---|---|---|---|---|
||fundsf|activities
f|2022
F|2021f|
|Salaries and wages||655,963|655,963|634,296|
|Social Security costs||55,122|55,122|53,164|
|Other pension costs||51,344|51,344|52,480|
|||762,429|762,429|739,940|
|Investment
Managers fees|33,713||33,713|30,520|
|Food supplies||45,790|45,790|54,535|
|Nursing
Supplies||26,480|26,480|26,477|
|Contributions
to nursing fees||168,344|168,344|81,223|
|House sundries||44,038|44,038|49,089|
|Repairs, maintenance
and leasing||28,612|28,612|37,146|
|Service contracts||138|138|1,105|
|Travel expenses and allowances||14,069|14,069|11,824|
|Other professional
fees||25,573|25,573|23,847|
|Trust sundries||29,057|29,057|21,951|
|Depreciation||74,916|74,916|75,659|
||33,713|1,219,446|1,253,159|1,153,316|
|Of the f1,153,316recognised
in 2021,f1,122,7
off30,520was charged to raising funds.|Of the f1,153,316recognised
in 2021,f1,122,7
off30,520was charged to raising funds.|Of the f1,153,316recognised
in 2021,f1,122,7
off30,520was charged to raising funds.|Of the f1,153,316recognised
in 2021,f1,122,7
off30,520was charged to raising funds.|96was charged|to charitable
activ|ities
and Other|Expenditure|
|---|---|---|---|---|---|---|---|
|8.ANALYSIS OF SUPPORT COSTS||||Raising|Charitable|Total|Total|
|||||fundsf|activities|2022f|2021|
|Salaries and wages|||||113,981|113,981|108,890|
|Social Security costs|||||13,517|13,517|8,378|
|Other pension costs|||||11,526|11,526|10,802|
||||||139,024|139,024|128,070|
|Depreciation|||||1,831|1,831|1,831|
|Governance
(Note 9)|||||4,869|4,869|4,619|
|Electricity and gas|||||33,534|33,534|32,696|
|Rates and insurance|||||36,218|36,218|37,348|
|Telephone|||||4,149|4,149|4,045|
|Printing,
postage and|stationery||||4,314|4,314|2,821|
||||||223,939|223,939|211,430|
|All ofthe f211,430 recognised||in 2021 was charged to charitable|||activities.|||
|9.GOVERNANCE
COSTS||||||2022f|2021f|
|Auditors
remuneration||||||3,900|4,200|
|Directors' expenses
(Note 11)||||||969|419|
|||||||4,969|4,619|
|10.NET INCOME/(EXPENDITURE)||||||2022f|2021|
|This is stated after charging:||||||||
|Depreciation||||||76,747|73,231|
|Auditors
remuneration|- audit services|||||3,900|4,200|
|Pension costs (defined|contribution||scheme)|||62,870|63,282|
##
##
##
|1:E419)were reimbursed
to 4(2021:2)Trustees
in the year|for travel.||
|---|---|---|
|TAFF COSTS|2022|2021|
||6|6|
|Staff costs during the year were as follows:|||
|Wages and salaries|769,944|743,186|
|Social secudity costs|68,639|61,542|
|Pension costs|62,870|63,282|
||901,453|868,010|
##
##
|gains, provided
t|hat its expenditure
is for char|hat its expenditure
is for char|itable
purposes.|||
|---|---|---|---|---|---|
|14.TANGIBLE|FIXED ASSETS|||Motor vehicles||
||||Freehold
land|furniture
and||
||||and buildings|equipment|Total|
||||6|E|5|
|COST||||||
|At 1stOctober|2021||3,188,824|376,043|3,564,867|
|Additions|||53,758|3,772|57,530|
|Disposals||||||
|At 30th September||2022|3,242,582|379,815|3,622,397|
|DEPRECIATION||||||
|At 1stOctober|2021||1,111,385|278,285|1,389,670|
|Disposals||||||
|Charge for the|year||56,851|19,896|76,747|
|At 30th September||2022|1,168,236|298,181|1,466,417|
|NET BOOK VALUE||||||
|At 30th September||2022|2,074,346|81,634|2,155,980|
|At 30th September||2021|2,077,439|97,758|2,175,197|
##
##
##
|||||||||
|---|---|---|---|---|---|---|---|
|15.FIXEDASSET INVESTMENTS|||||Government|||
||||||and Fixed|||
||||||Interest|||
||||Total|Cash|Securities|Equities|Unit Trusts|
||||6||E||6|
|Market value at 1 October 2021|||5,595,935|140,953|836,930|1,451,129|3,166,923|
|Additions
in the year|||1,509,919|3,591|392,045|1,113,952|331|
|Disposal proceeds|||(1,557,742)|(29,468)|(229,456)|(1,032,629)|(266,189)|
|Net investment
gains/(losses)||||||||
|-Realised gains/(losses)|on|disposals|9,542||(15,623)|38,299|(13,134)|
|-Unrealised
gains/(losses)|||(601,125)||(152,944)|(415,154)|(33,027)|
|M
2 t
1* t306 pt|0|2022|4,956,529|115,D76|830,952|1,155.597|2.854,9D4|
|Cost at 30September 2022|||4,6D2,D41|115,D74|983,953|984,569|2,518,445|
|Cost at 30September 2021|||4,283,199|140,953|822,750|1,281,515|2,037,981|
##
##
|16.DEBTORS|||||||||2022
F|2021f||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Trade debtors|||||||||24,207|21,028||
|Other debtors|||||||||2,902|8,807||
|Prepayments
and accrued income|||||||||36,475|29,913||
||||||||||63.584|59,748||
|17.CREDITORS: Amounts||falling due within|||one year||||2022|2021||
||||||||||F|5||
|Taxes and social security|||||||||21,312|13,398||
|Other creditors|||||||||12,470|11,048||
|Trade creditors and|accruals||||||||31,031|37,755||
||||||||||64,813|62.201||
|18.RESERVES||||||||Gains/||||
||||||Brought|||(Losses) on||Carried||
||||||forward
E|Income
6|Expenditure
f|Investments
6|Transfers
6|forward
5||
|2022||||||||||||
|Unrestricted
General|Fund||||7265 009|1,314337|~1,215 319|~511.983|~5D OOO|6 802 844||
|Restricted
Funds:||||||||||||
|Brenda Woodcock Memorial|||Fund||275,119|3,889|(5,554)|(25,479)||247,975||
|Charton
Manor Benevolent|||Fund||64,588||(110,690)||50,000|3,898||
|VCSNS Fund|||||633,385|93,751|(145,535)|(54,121)||527,480||
|Gifts to Christian|Science|Nurses||Fund|1,500|||||1,500||
||||||974,592|9764D|~264.779|~79600|5000D|700053||
||||||8,240,4D1|1.411977|477477,009|,~691,583||7583697,|,|
##
##
|18.RESER|VES (cont'd)||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Comparative|information|for the|movement|||in reserves|in|the previous year is as follows:|||Gamer||
|||||||||Brought|||(Losses) on|Carried|
|||||||||forward
f|Income|Expenditure
f|Investments
F|forward
f|
|2021|||||||||||||
|Unrestricted|General Fund|||||||6,279,164|1,516,653|(1,198,128)|668,120|7,265,809|
|Restricted Funds:|||||||||||||
|Brenda|Woodcock|Memorial|Fund|||||226,738|24,467|(1,112)|25,026|275,119|
|Charion|Manor Benevolent||Fund|||||72,575|21,740|(29,727)||64,588|
|VCSNS|Fund|||||||593,225|106,955|(135,779)|68,984|633,385|
|Gifts to|Christian
Science Nurses|||Fund||||1,500||||1,500|
|||||||||71732,02|, 1,609015|~1,364746|762,130|0240401|
|19.NET ASSETS BY FUND|||||||||Brenda|Charton||Gifts to|
||||||||||Woodcock|Manor||Christian|
||||||||||Memorial|Benevolent|VCSNS|Science|
|||||||Total||General
f|Fundf|Fund|Fund|Nurses
Fund
f|
|2022|||||||||||||
|Tangible fixed assets||||||2,155,980||2,155,980|||||
|Investments||||||4,956,529||4,241,031|195,552||519,946||
|Net current assets||||||471,188||405,833|52,423|3,898|7,534|1,500|
|As at 30th September 2022||||||7,583,697||6,802,844|247,975|3,898|527,480|1 500|
|Comparative|information|for the|analysis||of|net assets by||fund
in the previous year is as||follows:|||
||||||||||Brenda|Charton||GIRs to|
||||||||||Woodcock|Manor||Christian|
||||||||||Memorial|Benevolent|VCSNS|Science|
|||||||Totalf||General
f.|Fund|Fundf|Fundf|Nurses
Fund
f|
|2021|||||||||||||
|Tangible fixed assets||||||2,175,197||2,175,197|||||
|Investments||||||5,595,935||4,770,954|218,885||606,096||
|Net current assets||||||469,269||319,658|56,234|64,588|27,289|1,500|
|As at 30th September 2021||||||8,240,401||7,265,809|275,119|64,588|633,385|1,500|
##
##
##
##
|HAWTHORNE
TRUST LIMITED|HAWTHORNE
TRUST LIMITED|HAWTHORNE
TRUST LIMITED|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|OPERATING
INCOME
AND|EXPENDITURE||||||ACCOUNT|||||Year ended||Year ended|
|FOR THE YEAR ENDED 30TH SEPTEMBER 2022||||||||||||30September||30September|
||||||||||||Note|2022||2021|
|INCOME|||||||||||||||
|Due from guests for nursing services|||(excl.|||phones)||||||593,251||883,486|
|Due from staff and students
(excl. phones)||||||||||||34,471||46,140|
|Phone recoveries||||||||||||1,032||3,107|
|Other recoveries||||||||||||7,444||5,951|
|Amounts
considered
doubfful||||||||||||0||0|
|Total contributions
received|from||continuing||||operations|||||636,198||938,684|
|Donations
and gifts - unrestricted||||||||||||103,612||230,912|
|Donations
and gifts - restricted|(Benevolent|||||Fund)||||||0||21,740|
|Donations
and giffs - restricted|(Brenda||||Woodcock Memorial||||Fund)|||||20,000|
|Donations
and gifts - restricted|(Gifts||to||Christian||Science Nurses|||Fund)||0|||
|Legacies||||||||||||546,010||333,539|
|Investment
income||||||||||||126,157||124,940|
|Total income||||||||||||1,411,977||1,669,815|
|EXPENDITURE
~fbi
6
6|||||||||||||||
|Investment
Managers fees||||||||||||33,713||30,520|
|~Cr'~livities|||||||||||||||
|Contributions
towards
patients|fees by|||HTLNSCNS Senevolent||||||Fund|1|168,344||81,223|
|Salaries, social security costs and pension costs||||||||||||762,429||739,940|
|Food supplies||||||||||||45,790||54,535|
|Nursing
Supplies||||||||||||25,681||25,527|
|Laundry||||||||||||798||950|
|House sunddies||||||||||||44,039||49,089|
|Repairs, maintenance
and leasing||||||||||||28,612||37,146|
|Recruitment
advertising||||||||||||895||975|
|Service contracts||||||||||||138||1,105|
|Travel expenses
and allowances||||||||||||14,069||11,824|
|Other professional
fees||||||||||||25,573||23,847|
|Trust sundries||||||||||||28,162||20,976|
|Depreciation||||||||||||74,916||71,400|
|Loss on disposal||||||||||||0||4,259|
|Total costs in furtherance
of|the charity's|||||objects||||||1,219,446||1,122,796|
|~Su Eocft;gsat
Salaties, social security costs and pension costs||||||||||||139,024||128,070|
|Depreciation||||||||||||1,831||1,831|
|~O|||||||||||||||
|Electricity and gas
Rates and insurance||||||||||||33,534
36,218||32,696
37,348|
|Telephone||||||||||||4,149||4,045|
|Printing,
postage and stationery
Total support costs||||||||||||4,314
219,070||2,821
206,811|
|~6|||||||||||||||
|Professional fees (auditor's
remuneration)||||||||||||3,900||4,200|
|Directors expenses
Total management
and administrative||||expenditure||||||||969
4,869||419
4,619|
|Total expenditure||||||||||||6||1,364,746|
|NET (EXPENDITURE)/INCOME||||||||||||(65,121)||305,069|
|oses "'"" ™M|||||||||||||||
|Realised gains/(losses)
on disposal
of investments
Unrealised
(losses)/gains
on investments
NET MOVEMENT
IN FUNDS||||||||||||9,542
~60,||90,234
671,896
sk,06,|
|Note 1:Income due from guests||for nursing||||services||was funded||as follows|slo||040||
|Aid Fund for Christian
Scientists||in Need of Nursing||||||Care|||0.0|0|31.7|280,335|
|Hawthorne
Trust and other Benevolent|||||Funds||||||2804|168,344|9.6|84,671|
|Guests and other pdivate means|||||||||||71.6|424,907|58.7|518,480|
||||||||||||100|593,251|100.0|883,486|