2025-03-31-accounts

TYNWALD. RESIDENTIAL HOME FOR THE ELDERLY. HYfHE REPORT OFTHE TRUffiES AND UNAUDttED HNANCIALSfATEMEins FOR THE 12 MOlItHS ENDED 31￿mARcH 2025 Company NIL

Company No. Regthred Charty No.212297 Trustees steven Way Shidey Mobety Christopher Ducat Registered Address: TyTbwahJ Rewdential Hcffiè H￿l51de Street H￿HE CT215DJ Independent Examlnor: Jonathan Chartres FCA 31 Moor Park Road. Hereford. England, HR4 ORR

lThlependent E%amlnerf5 Rewrt statement of FThncial Activf< Ba1￿￿shett Notesto the Finamial Statements

TYNWALD CARING FOR OUR COMMUNITY Trustees Report 2024-2025 Kate Alice Butterworth Charity- Charity Registration No: 212297 Forthe year ended 31 March 2024 Referred to in the Charity Commission as Tynwaid Residential Home It Is tha intention thatthe foiiowingwiii be agreed during the AGM proceedings fr)r 2024125. Eleclion of Office Bearer5 I President Residing- non-voting Mrjohn Schoner MBE 2 Invitation to Stsnd Eleclion of Chair Mr Steven Way Proposed Ejection of Ifice Chair Mr Chrls Ducat Proposed Ele¢iion of Ordinary Member Mrs Shlrley Moberfey Proposed Mr John Wren Proposed Elertion of Actountants Fresh Eyes FInan￿ Proposed Finance Report 2023- 2024- Mr Steven Way Income remains limited by capacity. We a￿ continually required to implement new CQC rules and legislation, which burdens the charity's financial well-being. Government legislation on minimum wage increases continues to apply. As a fair employer. Tynwald pays above the rninimum wage for all roles within the charity and pays staff equally. The employees National Insuran￿ increase has increased the charitys expenditure. Our building is over 60 years old and continues to incur incTrasing costs. This year, our remedial work tskes a back seat to other expenditures.

We are slowly increasing our reserve5 this year by maintaining a well-supported home, supported by residential cl￿ntS and day services, while remaining vigilant on expenditure without compromising the quality of care. Mr S Way• Chair. Tynwald Resldential Home

ThetruSteesarere5pW￿bIeforPreParY%theTT1Istees, Rem andthe finandal stsknnents Ina¢tordantr applicatrk law and Unitsd Kl@omknnti￿ Standxthlunfted Klngdom GEnerallyPaeptedPaountinu Pr4th(el FBS IOZ ReFQrtKeStsndardaKrfK3bleinthE LIKand Republkof IreLin&. com￿￿1• requin trustees￿ weparefin4naal staternentsts8athfinancial yearwhith 8i¥eatruearJfalrvl¥of the ststeof affalts 0fthetharits￿é rJ)mpany aodolthÈ rÈsour¢xs and applicatloThof resources. intludinuthe incaffle3nd Ewnthture.ofthe thawftablets)mpanyfvrtlt In weparingthefitsahcial staternEnty thetru5tee5are requiredt • selert acLvunth¥ polKRs and then akwlythem uthstentJr. • al￿￿ethe methods and wknclplesintsETharftie5 50RP: • rnake ju1e￿5 aThlestlrTr3tes thatarereasonalleand • state ￿4￿appI1￿1￿e UKACr￿ntts$tandald$haVe beertfol¢)rd.5Ut4ecttoany matsrlal departures dtsd(wl4NI expknined iTrthe financtsl statements.. and . prepare thefinarKki1 statemerts on thegoinuconcem bA%i5wless It LqInawrO￿atef0￿es￿rnethatthe chawblaNe(ornpany will ccKrtinuein b￿fir￿￿E ThEtsuStee5arere5p￿1tlef0rkeepI￿8￿tty￿¢ jccourtiw rer0rd5thatd1sd￿e￿[th reasonablÈ atufdty atarryliThithB finarKial ofthe th*itabie mmpami andty enablethemto ÈTh5urethatthefinana315tatementscompty the compan1e5Art2L￿.TheY￿e also reswjrt￿b￿[￿rsafegUarfIngthe assets ofthechxltabletomp8nyand hell￿ tski rew4 nèblestepsforthE pre¥errtiDn anddetecbon 01fra￿Jand otherlrregularfbÉS. NoFunth¥e hdd ¢ustod￿Tn￿ee y$4￿d on theirbehaftty Chair

Inthpend￿ Examinerfs Reportto theTntstees I reporttotstrust￿s on myt¥arninationoftreaccountsofthe tharitsble ccffiparryforthe yearernled 31 May2025. A5thetharitV5tt￿teeS ofthECompJnylaDd a150 ￿ dlrector5forthe purp05e5 ofcrffipany lawl you areTespon51btefor the preparation of the kn a¢￿tsr￿e wrth therequirementsofthÈ CompaniesAd I'the 2￿6AcrI. IlavI￿54tiS11ed my5elfthat the accOL￿ts0fd￿C0MpaTrYare not req￿redt0 be audrted under Part16of the 21￿6￿t and 4re el¥b￿forlndepeTmTrt exam￿3110￿. I in respett Of rnyexamin0t￿ of wurchartfs aCCo￿tsaS carried oul UThJerSec￿ 145ofthe Charft￿A¢l 2011 Ilhe 2011 ACVI. Inorrykngout myexamlnatlm I ha¥tfdknbwlthe Direction58Nen bythe tharjty corrth￿lon undersettion 145151 Ibl of the 2011 Att. SIn￿theCharrtab1eCoMpanf$8roSS e¥ceeded£250,(Wyour examfjww￿stbe a member ora body Usted Ith sedion 145 of the 2011Act. I confirm lh i amwaifed ty untslakethE exwnination byvttofThrymembersNpof Associatv)n of p￿(￿j￿IK¥Tethn1rl￿5. I50￿ ofthe115ted t)dles. eXaminat￿n me cal￿ tobelie4.' l accounlingrerord5were r)t kept In respe£tof the C¢Hnpany required 4Tse£tbJn 386of theM)6NxL' or 2 the attounts do not acu)rd ￿ththOse records: or 3 the ￿coUnts do not c￿YW1thth¢ requirementsof sed•)n 396 of the 2LYA Actotherthan any requlrementthat the accounts give a nJeaDd faIr¥Ie￿￿hkh ts a matterC¢)nsidÈr￿ part(rfan [r￿ependenteKaMinatiOn' or Re(m￿ErmIed Prartke for accountin8 and rep)rt(n8 by th4titse$ 4pplirablE tocharlYe5 prep3rfr acc0rdante￿lhthe fina￿la1 Rep￿t￿oStandard awkable inthe UKand RewbtK0fl￿I￿d{fK5IQIk I ha% no t¥¥Kerns and have t¢ffiÈ att055 ￿ ¢Aher rr¥tters knujnnectknwth the examotionto which aitentlon shodd bethawn In thls rewrt ￿ertoe￿al￿t a ￿￿er￿￿erStandIn8 oftheac(ountsto be reached. 31 Pknr Park Road, Trref￿ E￿￿nd. HR4LNIR 12

(>antsand Donathjrts l733 W,494 172 1733 L307.494 In L[rJ7￿3 Total 1310399 L310399 L099.n4 EJpemlkuRon: IL1947491 11.198.749> 11,043,522) T<tsi E￿nth￿r• IL1917451 IL198,7491 IL0435221 iii IIL650 Iletmvlemert infunth IIL650 IiL650 562 Fwmjbalanresat 31st Marth2024 868￿5¥ 812346 IM1*¢5•t3tst Mar¢hllJZ5 868 556 AldtsdDsuws relate¢￿￿10 rontimwowauor There ￿n0 reu)8nlsed 8alns orlosses otherthanthe n&ir¢omiryr50wce5frytheiwr.

TsTNabJ Regdential H(me Tangible assets 883A93 883W3 883m3 &497 154,434 162.931 2Q393 57.732 78.125 Cashiffishorttemi dw%t at bank￿ in hand within oneyear 39.611 afterone year 133,1761 96.313 115.330 861557 th?rityFuN Unrestyicted Funds 9￿2(6 86W7 F(lhÈ Y￿ended31St Marth 202SthetharrtyBsentitled toexernpbonfromauditunderSedion471 of the co[￿leS￿t2{Yj6 relat￿ t05Th11 compan5. Themembers h3ve notrequlredthe comparyto obtsin an wthtof its aco)untsforthoyearknquestlon In ac(NdKe with Sertw)n476of the C￿1por￿e5A¢t2{x￿. ThethrÈrtors a(￿0￿e￿￿thÈ￿ reswmtslbilityfortomp￿r%Wlththe [eq￿re￿￿￿tsoItheAtt￿Ith fESPECtto Counti￿ record5and forthe Preparat￿ ofthe&toutts. Thtlkbahtialsiatemeiits ha¥È been K*eparedinattordar￿WIththe •pFdkal￿ÉtOCoMWIe$SUbJeCtt0 the nall cunpanles wme. Thefin•no21 wteTrwtwereawroved ￿th¢TrUst￿ oudYJrts¢dfor bsueon 05101 swd onth￿r behaifbv: 16 and were c(th￿fi¥ re8tstr•ion Thuth.

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