|||Page|| |---|---|---|---| |Reference and Administrative
Details|||| |Report ofthe Trustees|2|to|5| |Report ofthe Independent
Auditors|6|to|8| |Statement ofFinancial
Activities|||| |Balance Sheet||10|| |Cash Flow Statement|||| |Notes to the Cash Flow Statement||12|| |Notes to the Financial Statements|13|to|26| |Detailed Statement ofFinancial Activities|27|to|28| ## |TRUSTEES|KLHolmes|||| |---|---|---|---|---| ||RPerry|||| ||RFKemble|||| ||JV Wilkins|||| ||M A Dunwoody|||| ||D W Mills|||| |PRINCIPAL ADDRESS|19StAndrews||Road|| ||Earlsdon|||| ||Coventry|||| ||CV5 6FP|||| |REGISTERED CHARITY|214293|||| |NUMBER||||| |AUDITORS|Leigh Christou||Ltd|| ||Chartered
Certified Accountants|||and| ||Statutory Auditor|||| ||Leofric House|||| ||Binley Road|||| ||Coventry|||| ||CV3 1JN|||| |BANKERS|Natwest Bank|||| ||Birmingham|City Centre||| ||1 St Philips|Place||| ||Birmingham|||| ||B32PP|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||31.3.22|31.3.21| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|funds|funds| ||||Notes||||| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies||||11,825|73,710|85,535|245,370| |Charitable
activities|||||||| |Residents fees||||898,204||898,204|821,292| |Recharge expenses||||10,746||10,746|5,179| |Investment
income||||22,239||22,239|24,530| |Total||||943,014|73,710|1,016,724|1,096,371| |EXPENDITURE ON|||||||| |Charitable
activities|||||||| |Charitable
Expenditure||||1,098,331|44,669|1,143,000|1,104,944| |Other|||10|(19,832)||(19,832)|712,998| |Total||||1,078,499|44,669|1,123,168|1,817,942| |NET INCOME/(EXPENDITURE)||||(135,485)|29,041|(106,444)|(721,571)| |Transfers
between
funds|||2]|5,841|(5,841)||| |Net movement
in funds||||(129,644)|23,200|(106,444)|(721,571)| |RECONCILIATION|OF FUNDS||||||| |Total funds brought
forward||||1,793,553||1,793,553|2,515,124| |TOTAL FUNDS CARRIED FORWARD||||1,663,909|23,200|1,687,109|1,793,553| |||||for the Year Ended|31March 2022|| |---|---|---|---|---|---|---| ||||||31.3.22|31.3.21| |||||Notes||| |Cash flows from operating||activities||||| |Cash generated
from operations|||||(105,941)|109,201| |Finance costs paid|||||(13,350)|(13,985)| |Net cash (used in)/provided||by operating||activities|(119,291)|95,216| |Cash flows from investing||activities||||| |Purchase oftangible fixed|assets||||(17,021)|(51,576)| |Interest received|||||40|205| |Net cash used in investing|activities||||(16,981)|(51,371)| |Cash flows from financing||activities||||| |Loan repayments
in year|||||(45,329)|(36,893)| |Net cash used in financing|activities||||(45,329)|(36,893)| |Change in cash and cash equivalents|||in|||| |the reporting
period|||||(181,601)|6,952| |Cash and cash equivalents||at the||||| |beginning
ofthe reporting||period|||437,518|430,566| |Cash and cash equivalents||at the end|of|||| |the reporting
period|||||255,917|437,518| ## |RECONCILIATION
OF
ACTIVITIES|NET E|XPENDITURE TO NET CASH FLOW|FROM OPERATIN|G| |---|---|---|---|---| ||||31.3.22|31.3.21| |Net expenditure
for the reporting||period (as per the Statement of||| |Financial Activities)|||(106,444)|(721,571)| |Adjustments
for:||||| |Depreciation
charges|||80,344|83,310| |Loss on disposal offixed assets|||2,166|944| |Interest received|||(40)|(205)| |Finance costs|||13,350|13,985| |Impairment
loss on tangible|fixed assets|||712,998| |Increase in debtors|||(77,822)|(1,676)| |(Decrease)/increase
in creditors|||(17,495)|21,416| |Net cash (used in)/provided|by operations||(105,941)|109,201| ## |ANALYSIS OF CHAN|GES IN NET DEBT|||| |---|---|---|---|---| |||At 1.4.21|Cash flow|At31.3.22| |Net cash||||| |Cash at bank and in hand||437,518|(181,601)|255,917| |||437,518|(181,601)|255,917| |Debt||||| |Debts falling due within|I year|(38,718)||(38,718)| |Debts falling due after I|year|(422,334)|45,329|(377,005)| |||(461,052)|45,329|(415,723)| |Total||(23,534)|(136,272)|(159,806)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |DONATI|ONS
AND LE|GACIES|||| |---|---|---|---|---|---| |||||31.3.22|31.3.21| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| |Donations||11„825|26,234|38,059|16,200| |Legacies|||||142,943| |Grant'|||47,476|47,476|76,193| |Furlough|claims||||10,034| |||11,825|73,710|85,535|245,370| |Grants received, included||in the above, are as follows:|||| |||||31.3.22|31.3.21| |Other grants||||47,476|76,193| ## |INVESTMENT INCOME||||| |---|---|---|---|---| ||||31.3.22|31.3.21| ||Unrestricted|Restricted|Total|Total| ||funds|funds|funds|funds| |Rents received|22,199||22,199|24,325| |Deposit account interest|40||40|205| ||22,239||22,239|24,530| ## ## |||||||31.3.22|31.3.21| |---|---|---|---|---|---|---|---| |||||Residents|Recharge|Total|Total| |||||fees|expenses|activities|activities| ||Residential||care provision|898,204|10,746|908,950|826,471| |7.|CHARITABLE ACTIVITIES COSTS||||||| ||||||Direct|Support|| ||||||Costs (see|costs (see|| ||||||note 8)|note 9)|Totals| ||Charitable|Expenditure|||1,131,117|11,883|1,143,000| |8.|DIRECT|COSTS OF CHARITABLE ACTIVITIES|||||| |||||||31.3.22|31.3.21| ||Staffcosts|||||791,774|729,819| ||Rates and|water||||3,478|6,928| ||Light and|heat||||28,613|29,515| ||Telephone|||||5,202|5,450| ||Postage and||stationery|||2,413|2,452| ||Advertising|||||5,333|2,502| ||Sundries|||||20,294|26,916| ||Laundry
and||cleaning|||23,018|28,382| ||Refurbishment|||||83,642|85,464| ||Household|and garden||||3,501|2,686| ||Stafftraining|||||4,055|4,052| ||Activity costs|||||3,536|1,269| ||Insurance|||||11,024|7,873| ||Food|||||49,374|49,403| ||Bad debts||||||4,177| ||Depreciation|||||80,344|83,310| ||Loss on sale||ofassets|||2,166|944| ||Interest payable
and similar charges|||||13,350|13,985| |||||||1,131,117|1,085,127| ## |||||Governance|| |---|---|---|---|---|---| ||||Management|costs|Totals| |Charitable|Expenditure||6,307|5,576|11,883| |Support costs, included||in the above, are as follows:|||| |||||31.3.22|31.3.21| |||||Charitable|Total| |||||Expenditure|activities| |Wages||||6,307|10,831| |Auditors'|remuneration|||4,200|4,620| |Legal and|professional|||1,376|4,366| |||||11,883|19,817| ## ## ## |nepenen
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o|n on e|a o Pn| |---|---|---|---|---| |AUDITORS' REMUNERATION||||| ||||31.3.22|31.3.21| |Fees payable to the charity's|auditors for the audit ofthe charity's|financial||| |statements|||4,200|4,620| ## ## ## ## |STAF|F COSTS||| |---|---|---|---| |||31.3.22|31.3.21| |Wages|and salaries|749,326|692,237| |Social|security costs|37,383|37,545| |Other|pension costs|11,372|10,868| |||798,081|740,650| ## ||The average monthly|number ofemployees|number ofemployees|number ofemployees|during the year was as follows:||| |---|---|---|---|---|---|---|---| |||||||31.3.22|31.3.21| ||Administrative
staff|||||3|3| ||Care staff|||||41|37| |||||||44|40| ||No employees
received||emoluments|in excess off60,000.|||| |14.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||| ||||||Unrestricted|Restricted|Total| ||||||funds|funds|funds| ||INCOME AND ENDOWMENTS|||FROM|||| ||Donations
and legacies||||167,468|77,902|245,370| ||Charitable
activities||||||| ||Residents fees||||821,292||821,292| ||Recharge expenses||||5,179||5,179| ||Investment
income||||24,530||24,530| ||Total||||1,018,469|77,902|1,096,371| ||EXPF.NDITURE ON||||||| ||Charitable
activities||||||| ||Charitable
Expenditure||||1,032,381|72,563|1,104,944| ||Other||||712,998||712,998| ||Total||||1,745,379|72,563|1,817,942| ||NET INCOME/(EXPENDITURE)||||(726,910)|5,339|(721,571)| ||Transfers
between
funds||||5,339|(5,339)|| ||Net movement
in funds||||(721,571)||(721,571)| ||RECONCILIATION||OF FUNDS||||| ||Total funds brought
forward||||2,515,124||2,515,124| ||TOTAL FUNDS CARRIED FORWARD||||1,793,553||1,793,553| ## ## |15.|TANGIBLE|FIXEDAS|SETS||||| |---|---|---|---|---|---|---|---| ||||||Improvements|Fixtures|| |||||Freehold|to|and|| |||||property|property|fittings|Totals| ||COST||||||| ||At 1 April 2021|||2,720,063|17,207|284,301|3,021,571| ||Additions|||||17,021|17,021| ||Disposals|||||(3,738)|(3,738)| ||At 31 March|2022||2,720,063|17,207|297,584|3,034,854| ||DEPRECIATION||||||| ||At 1 April 2021|||1,070,063|2,658|182,115|1,254,836| ||Chai ge for year|||54,401|3,441|22,502|80,344| ||Eliminated
on disposal|||||(1,572)|(1,572)| ||At 31 March|2022||1,124,464|6,099|203,045|1,333,608| ||NET BOOK|VALUE|||||| ||At 31 March|2022||1,595,599|11,108|94,539|1,701,246| ||At 31 March|2021||1,650,000|14,549|102,186|1,766,735| |16.|DEBTORS:|AMOUNTS|FALLING DUE|WITHIN ONE YEAR|||| |||||||31.3.22|31.3.21| ||Trade debtors|||||197,180|124,368| ||Prepayments|and accrued|income|||16,350|11,340| |||||||213,530|135,708| |17.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||| |||||||31.3.22|31.3.21| ||Bank loans and overdrafts||(see note 19)|||38,718|38,718| ||Trade c-editors|||||19,564|45,273| ||Social security and other||taxes|||7,826|9,349| ||Other creditors|||||13,373|10,721| ||Accruals and|deferred income||||27,098|20,013| |||||||106,579|124,074| ## ## ## |CREDITO|RS: AMOUNTS FALLING DUE AFTER MORE TH|AN ONE YEAR|| |---|---|---|---| |||31.3.22|31.3.21| |Bank loans|(see note 19)|377,005|422,334| |LOANS|||| |An analysis|ofthe maturity ofloans is given below:||| |||31.3.22|31.3.21| |Amounts
falling due within one year on demand:|||| |Bank loans||38,718|38,718| |Amounts
falling between one and two years:|||| |Bank loans|- 1-2years|38,718|38,718| |Amounts
falling due between two and five years:|||| |Bank loans|- 2-5 years|123,152|123,152| |Amounts
falling due in more than five years:|||| |Repayable
Bank loans|by instalments:
more 5 yr by instal|215,135|260,464| ## |ANA.L|YSISOF NET ASSETS B|ETWEEN FUNDS|||| |---|---|---|---|---|---| |||||31.3.22|31.3.21| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| |Fixed assets||1,701,246||1,701,246|1,766,735| |Current|assets|434,900|34,547|469,447|573,226| |Current|liabilities|(95,232)|(11,347)|(106,579)|(124,074)| |Long term liabilities||(377,005)||(377,005)|(422,334)| |||1,663,909|23,200|1,687,109|1,793,553| ## ## ||||||for the Year Ended 31 Marc|h 2022||| |---|---|---|---|---|---|---|---|---| |21.|MOVEMENT IN FUNDS|||||||| |||||||Net|Transfers|| |||||||movement|between|At| ||||||At 1.4.21|in funds|funds|31.3.22| ||Unrestricted
funds|||||||| ||General fund||||1,673,553|(135,485)|5,841|1,543,909| ||Designated
funds||||120,000|||120,000| ||||||1,793,553|(135,485)|5,841|1,663,909| ||Restricted
funds|||||||| ||Coventry City Council||- Infection|||||| ||Prevention
and Control||Grant|||3,807|(3,807)|| ||Purchase ofComputer|Equipment||||2,034|(2,034)|| ||Renewal ofunderfloor||heating|system||12,200||12,200| ||Kitchen Refurbishment|||||10,000||10,000| ||Repairs to Green Room|||||1,000||1,000| |||||||29,041|(5,841)|23,200| ||TOTAL FUNDS||||1,793,553|(106,444)||1,687,109| ||Net movement
in funds,||included||in the above are as follows:|||| |||||||Incoming|Resources|Movement| |||||||resources|expended|in funds| ||Unrestricted
funds|||||||| ||General fund|||||943,014|(1,078,499)|(135,485)| ||Restricted
funds|||||||| ||Coven'~ City Council||-Infection|||||| ||Prevention
and Control||Grant|||47,476|(43,669)|3,807| ||Purchase ofComputer|Equipment||||2,034||2,034| ||Renewal ofunderfloor||heating|system||12,200||12,200| ||Kitchen Refurbishment|||||10,000||1O,OOO| ||Repai s to Green Room|||||1,000||1,000| ||Redecoration ofDining||Room|||1,000|(1,000)|| |||||||73,710|(44,669)|29,041| ||TOTAL FUNDS|||||1,016,724|(1,123,168)|(106,444)| ## ## ||||||Net|Transfers|| |---|---|---|---|---|---|---|---| ||||||movement|between|At| |||||At 1.4.20|in funds|funds|31.3.21| |Unrestricted
funds|||||||| |General|fund|||2,395,124|(726,910)|5,339|1,673,553| |Designated
funds||||120,000|||120,000| |||||2,515,124|(726,910)|5,339|1,793,553| |Restricted
funds|||||||| |Coventry|City Council|- Infection|||||| |Prevention
and Control||Grant|||4,380|(4,380)|| |Purchase|ofComputer|Equipment|||959|(959)|| ||||||5,339|(5,339)|| |TOTAL|FUNDS|||2,515,124|(721,571)||1,793,553| |Comparative
net movement|||in funds, included|in the above are as follows:|||| ||||||Incoming|Resources|Movement| ||||||resources|expended|in funds| |Unrestricted
funds|||||||| |Genera'.|fund||||1,018,469|(1,745,379)|(726,910)| |Restricted
funds|||||||| |Coventry|City Council|- Infection|||||| |Prevention
and Control||Grant|||76,193|(71,813)|4,380| |Purchase|ofComputer|Equipment|||959||959| |Lounge Clean|||||590|(590)|| |Christmas|||||160|(160)|| ||||||77,902|(72,563)|5,339| |TOTAI.|FI.JNDS||||1,096,371|(1,817,942)|(721,571)| ## ## ## |||||Net|Transfers|| |---|---|---|---|---|---|---| |||||movement|between|At| ||||At 1.4.20|in funds|funds|31.3.22| |Unrestricted
funds||||||| |General fund|||2,395,124|(862,395)|11,180|1,543,909| |Designated
funds|||120,000|||120,000| ||||2,515,124|(862,395)|11,180|1,663,909| |Restricted
funds||||||| |Coventry
City Council|- Infection|||||| |Prevention
and Control|Grant|||8,187|(8,187)|| |Purchase ofComputer|Equipment|||2,993|(2,993)|| |Renewal ofunderfloor|heating|system||12,200||12,200| |Kitchen Refurbishment||||10,000||10,000| |Repairs to Green Room||||1,000||1,000| |||||34,380|(11,180)|23,200| |TOTAL FUNDS|||2,515,124|(828,015)||1,687,109| ||||Incoming|Resources|Movement| |---|---|---|---|---|---| ||||resources|expended|in funds| |Unrestricted
funds|||||| |General
fund|||1,961,483|(2,823,878)|(862,395)| |Restricted
funds|||||| |Coventry
City Council|- Infection||||| |Prevention
and Control|Grant||123,669|(115,482)|8,187| |Purchase ofComputer|Equipment||2,993||2,993| |Lounge Clean|||590|(590)|| |Christmas|||160|(160)|| |Renewal ofunderfloor|heating|system|12,200||12,200| |Kitchen Refurbishment|||10,000||10,000| |Repairs to Green Room|||1,000||1,000| |Red ccrat'on ofDining|Room||1,000|(1,000)|| ||||151,612|(117,232)|34,380| |TOTAL FUNDS|||2,113,095|(2,941,110)|(828,015)| ## ## ## ## ## ## ||||2022|2021| |---|---|---|---|---| |Aggregate|compensation||114,228|94,181| |Transactions||with related parties||| |Unrestricted|Funds|1,599| |---|---|---| |Restricted|Funds:|| |Kitchen Refurbishment||10,000| |Repair to|Green Room|1,000| |Purchase|ofCoriputer Equipment|959| |||13,558| ## |||StAndrew's
House||| |---|---|---|---|---| |||Detailed Statement ofFinancial Activities||| |||for the Year Ended 31 March 2022||| ||||31.3.22|31.3.21| |INCOME AND|ENDOWMENTS|||| |Donations
and legacies||||| |Donations|||38,059|16,200| |Legacies||||142,943| |Grants|||47,476|76,193| |Furlough
claims||||10,034| ||||85,535|245,370| |Investment
income||||| |Rents received|||22,199|24,325| |Deposit account interest|||40|205| ||||22,239|24,530| |Charitable
activities||||| |Residential
care provision|||908,950|826,471| |Total incoming|resources||1,016,724|1,096,371| |EXPENDITURE||||| |Charitable
activities||||| |Wages
Social security|||743,019
37,383|681,406
37,545| |Pensions|||11,372|10,868| |Rates and water|||3,478|6,928| |Light and heat
Telephone|||28,613
5,202|29,515
5,450| |Postage and stationery|||2,413|2,452| |Advertising
Sundries|||5,333
20,294|2,502
26,916| |Laundry
and cleaning|||23,018|28,382| |Refurbishment|||83,642|85,464| |Household
and garden|||3,501|2,686| |Stafftraining|||4,055|4,052| |Activity costs|||3,536|1,269| |Insurance|||11,024|7,873| |Food|||49,374|49,403| |Bad debts||||4,177| |Freehold property|||54,401|54,402| |Improvements
to|property||3,441|2,658| |Fixtures and fittings|||22,502|26,250| |Loss on sale oftangible fixed assets|||2,166|944| |Bank charges and interest|||13,350|13,985| ||||1,131,117|1,085,127| ||||StAndrew's
House||| |---|---|---|---|---|---| ||||Detailed Statement ofFinancial Activities||| ||||for the Year Ended 31 March 2022||| |||||31.3.22|31.3.21| |Charitable|activities||||| |Other|||||| |Exceptional|items|||(19,832)|712,998| |Support costs|||||| |Management|||||| |Wages||||6,307|10,831| |Governance||costs|||| |Auditors'|remuneration|||4,200|4,620| |Legal and|professional|||1,376|4,366| |||||5,576|8,986| |Total resources||expended||1,123,168|1,817,942| |Net expenditure||||(106,444)|(721,571)|