REGISTERED CHARITY NUMBER: 212584
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
FOR
THE JOHN HOWARD NURSES HOMES
Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
THE JOHN HOWARD NURSES HOMES
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
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Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 11
Detailed Statement of Financial Activities 12
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THE JOHN HOWARD NURSES HOMES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022
The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The Charity owns 24 cottages in Brighton. Average occupancy during the year was 87% (2021: 88%). Graves Son and Pilcher provide a managing service to the Charity.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
A subgroup of the Trustees meets regularly with the managing agents, Graves Son and Pilcher, which helps to ensure the continued smooth running of the cottages as well as adhering to all the regulatory requirements.
During the year we welcomed four new residents.
The cost of the gardening continues to increase as more residents have become unable to maintain their plots. The Trustees are therefore paying for the gardener to do them, in addition to the general maintenance of the grounds, which now includes the spinney and borders around the lawn.
In October, Tree Surgeons again gave all the hedges a very hard cut which continues to give more light to some cottages and a wider main entrance.
Work has been carried out on repairs to the external timbers, including the beams and window frames, and these are still ongoing.
Insulation has also been installed between most of the ground floor and first floor flats.
During the winter, the Lodge sitting room, kitchen and laundry area were decorated and a new washing machine and tumble drier installed. Following the risk assessments, some doors in the Lodge have been replaced with suitable fire doors and a small amount of asbestos removed.
In addition, there has been the usual day to day maintenance of the 24 cottages and the Lodge. Six monthly checks on all drains, gulleys, hoppers etc continue.
The guest flat and communal lounge in the Lodge reopened in July 2021 (having been closed due to covid). A gazebo was purchased for residents to use on the main lawn.
2022 is the 100th anniversary of the founding of John Howard Cottages and it is hoped to mark this is an appropriate way.
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THE JOHN HOWARD NURSES HOMES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022
FINANCIAL REVIEW
Financial position
Rental income totalled £98,609 in the year ended 31 March 2022 (2021: 93,075), an minor increase compared to the previous year.
Expenditure on maintenance and other running costs was £136,436. This included expenditure of £120,407 (2021: £71,762) in respect of high maintenance costs due to the age and state of the properties. The total outgoing resources for the year were £137,918 (2021: £86,427). At 31 March 2021, total reserves were £433,482 (2021: £455,282) including unrestricted reserves of £316,739 (2021: £338,539).
During the year donations of £17,500 (2021: £15,000) were received, and this is included in other income.
The freehold properties are included in the accounts at cost, which is considered to be substantially below their current market value.
Excess cash funds are held in interest bearing accounts.
Reserves policy
The trustee has reviewed the charity's reserves and is satisfied that they are adequate to meet both ongoing regular expenditure and to provide for periodic significant property maintenance costs which arise from time to time.
The trustee continues to refurbish the cottages as they become vacant to bring them up to a modern and consistent standard. Advertising is ongoing to attract new residents with the aim of achieving 100% occupancy.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The John Howard Nurses Homes ("the Charity") was founded as a charity under the terms of the will (the "governing document") of Sir John Howard, who died on 20 April 1917, to provide accommodation for nurses whose health has broken down or who otherwise are not able to follow their profession and whose means are limited.
When reviewing our aims and objectives we have referred to the Charity Commission's general guidance on public benefit. All of our activities are undertaken to further our charitable purposes for the public benefit.
The John Howard Nurses Homes is registered as a charity, number 212584.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
212584
Principal address
Parish Office St George's Church St George's Road Brighton East Sussex BN2 1ED
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THE JOHN HOWARD NURSES HOMES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022
Trustees Rev Dr A Manson-Brailsford Miss M Ellis Miss S Clough Mr R Newing (resigned 24/5/2021) Miss A Moulson Mr B Moyle Rosser (resigned 27/9/2021) Mrs S Spackman Dr H Beaumont (appointed 27/4/2021) Mr A Cooke (appointed 27/4/2021)
Independent Examiner John Thacker FCA DChA Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
Bankers Barclays Bank plc 139/140 North Street Brighton BN1 1RU
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Rev Dr A Manson-Brailsford - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE JOHN HOWARD NURSES HOMES
Independent examiner's report to the trustees of The John Howard Nurses Homes
I report to the charity trustees on my examination of the accounts of The John Howard Nurses Homes (the Trust) for the year ended 31st March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
John Thacker FCA DChA Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA
Date: .............................................
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THE JOHN HOWARD NURSES HOMES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022
| Unrestricted Endowment fund fund Notes £ £ INCOME AND ENDOWMENTS FROM Charitable activities Rent receivable 98,609 - Donations 17,500 - Investment income 2 9 - Total 116,118 - EXPENDITURE ON Charitable activities Charitable expenditure 137,918 - NET INCOME/(EXPENDITURE) (21,800) - RECONCILIATION OF FUNDS Total funds brought forward 338,539 116,743 TOTAL FUNDS CARRIED FORWARD 316,739 116,743 |
2022 Total funds £ 98,609 17,500 9 116,118 137,918 (21,800) 455,282 433,482 |
2021 Total funds £ 93,075 15,000 623 108,698 86,427 22,271 433,011 455,282 |
|---|---|---|
The notes form part of these financial statements
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THE JOHN HOWARD NURSES HOMES
BALANCE SHEET 31ST MARCH 2022
| Unrestricted Endowment fund fund Notes £ £ FIXED ASSETS Tangible assets 6 62,083 - CURRENT ASSETS Debtors 7 6,313 - Cash at bank 256,733 116,743 263,046 116,743 CREDITORS Amounts falling due within one year 8 (8,390) - NET CURRENT ASSETS 254,656 116,743 TOTAL ASSETS LESS CURRENT LIABILITIES 316,739 116,743 NET ASSETS 316,739 116,743 FUNDS 9 Unrestricted funds Endowment funds TOTAL FUNDS |
2022 Total funds £ 62,083 6,313 373,476 379,789 (8,390) 371,399 433,482 433,482 316,739 116,743 433,482 |
2021 Total funds £ 62,083 6,539 395,021 401,560 (8,361) 393,199 455,282 455,282 338,539 116,743 455,282 |
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The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
Rev Dr A Manson-Brailsford - Trustee
The notes form part of these financial statements
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THE JOHN HOWARD NURSES HOMES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided Fixtures and fittings - 25% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Fixed assets
Fixed Assets comprise Freehold Property which is stated at cost, and Furniture and Fittings which are stated at cost less depreciation. No depreciation is charged on freehold buildings as any such charge is not considered to be material. Depreciation of Furniture and Fittings is calculated on a straight line basis over 4 years. Assets costing less than £1,000 are not capitalised but are charged to the statement of financial activities at the date of purchase.
continued...
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THE JOHN HOWARD NURSES HOMES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
2. INVESTMENT INCOME
| INVESTMENT INCOME | |||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Investment income | 9 | 623 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2021.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Endowment fund fund £ £ INCOME AND ENDOWMENTS FROM Charitable activities Rent receivable 93,075 - Donations 15,000 - Investment income 623 - Total 108,698 - EXPENDITURE ON Charitable activities Charitable expenditure 86,427 - NET INCOME 22,271 - RECONCILIATION OF FUNDS Total funds brought forward 316,268 116,743 TOTAL FUNDS CARRIED FORWARD 338,539 116,743 |
Total funds £ 93,075 15,000 623 108,698 86,427 22,271 433,011 455,282 |
|---|---|
continued...
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THE JOHN HOWARD NURSES HOMES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
5. GOING CONCERN - COVID19
The charity has prepared these accounts on a going concern basis, however there are material uncertainties in respect of COVID-19 and management have taken into consideration the existing and potential effects of coronavirus on the activities of the charity in the future.
6. TANGIBLE FIXED ASSETS
| Freehold property £ COST At 1st April 2021 and 31st March 2022 62,083 DEPRECIATION At 1st April 2021 and 31st March 2022 - NET BOOK VALUE At 31st March 2022 62,083 At 31st March 2021 62,083 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals and deferred income 9. MOVEMENT IN FUNDS At 1/4/21 £ Unrestricted funds General fund 338,539 Endowment funds Endowment fund 116,743 TOTAL FUNDS 455,282 |
Fixtures and fittings £ 3,796 3,796 - - 2022 £ 6,313 2022 £ 8,390 Net movement in funds £ (21,800) - (21,800) |
Totals £ 65,879 3,796 62,083 62,083 2021 £ 6,539 2021 £ 8,361 At 31/3/22 £ 316,739 116,743 433,482 |
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continued...
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THE JOHN HOWARD NURSES HOMES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 116,118 TOTAL FUNDS 116,118 Comparatives for movement in funds At 1/4/20 £ Unrestricted funds General fund 316,268 Endowment funds Endowment fund 116,743 TOTAL FUNDS 433,011 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 108,698 TOTAL FUNDS 108,698 |
Resources Movement expended in funds £ £ (137,918) (21,800) (137,918) (21,800) Net movement At in funds 31/3/21 £ £ 22,271 338,539 - 116,743 22,271 455,282 Resources Movement expended in funds £ £ (86,427) 22,271 (86,427) 22,271 |
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continued...
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THE JOHN HOWARD NURSES HOMES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2022.
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THE JOHN HOWARD NURSES HOMES
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022
| INCOME AND ENDOWMENTS Investment income Investment income Charitable activities Rent received Donations Total incoming resources EXPENDITURE Charitable activities Property costs Managing agent costs Other costs Support costs Governance costs Independent examination Total resources expended Net (expenditure)/income |
2022 £ 9 98,609 17,500 116,109 116,118 120,407 12,150 3,879 136,436 1,482 137,918 (21,800) |
2021 £ 623 93,075 15,000 108,075 108,698 71,762 12,000 1,189 84,951 1,476 86,427 22,271 |
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This page does not form part of the statutory financial statements
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