BOWDON
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31. MARCH 202S
CHARITY NUMBER: 219495
Doc ID.. 40a26e5d70daa8a38c78eccf1265268b404e61cd

THE BICKEIAM HO1V￿, BOWDON
INDEX TO FINAIYCIAL STATEIVIENTS FOR THE YEAR ENDED
31" MARCH 2025
Page
Referen¢e and Administrative Infomiation
TNstees' Report
Auditors, Report
Statement of Financial Activities
Balance Sheet
io
Statement of Financial Cash Flows
li
Notes to the Financial Ststements
12
Detailed Income and Expenditure Account
23
Doc ID: 4oa26e5d70daa8a38¢78e￿fl26S2G8b404e61cd

THE BICKHAM HOTh[
REFERENCE AM) ADLlItNISTRATIVE INFORMATION
Trustees
Dr C J Davies (Chairperson)
Mrs E A Haddock
Mrs J Ravenscroft
Mr I Macklin
Mr P Long
Mrs L Robinson (appointed on 8 January 2025)
Address
Bickham House
Green Walk
Bowdon
Cheshire
WA14 2SN
Charity Number: 219495
Auditors
McKellens
I l Riverview, The Embankment Business Park
Vale Road
Heaton Mersey
Stockport
SK4 3GN
Bankers
CAF Bank
25 Kings Hill Avenue
Ktngs Hill
West Malling
Kent
ME19 4JQ
Bar¢lays BaT)k
48-50 George Street
Altrintham
Cheshire
WA14 IRH
Investment Managers
Barclays Wealth
1° Floor, 3 Harthnan Street
Spipningfields
Manchester
M3 3HF
Nominated Individual
Ms P Williamson
Premier Care Solutions (Stannington) LTD
I Spout Copse
Stsnnington
Sheffield
S6 6FB
Key Personnel
Mrs E Jimenez
Mrs Tanya O'Toole
Doc ID.. 40a26e5d70daa8a38c78eccf1265268b404e61 cd

THE BICKHAM HOME, BOWDON
TRUSTEES, REPORT FOR THE YEAR ENDED 31" MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31st March 2025. The
financial statements have been prepared in accordance with the accounting poli¢ies set out in note I to the accounts and
comply with the charity trust inslnllnenL the Charities Act 2011 and Accounting and Reporting by Charities: Statement
of Recomrnended Practice applicable to charities preparing the ￿Counts in accordance with the Financtal Reporting
Standard applicable in the United Kingdom and Republic of Ireland (FRS102).
The trust is an unin¢otpordted trusl constituted under a ttust instrument dated 12th March 1954 as amended by the
s¢heme of 20 July 2004. The trust was set up in accordance with the Will of the late Helen Constsnce Bickham.
The trustees are responsible for the overall supervision 2nd management of the Home, with the day-to-day
management delegated to the Registered Manager and the financial affatrs to the Treasurer.
The trustees comprise:
Dr C J Davies- BM BS MRCP G¢n¢ral Medical Practitioner [Chairperson]
Mrs J Ravenscroft
Mr I Ma¢ldin
Nfr P Long- Chartered Accountant
Mrs E Haddock
Mrs L Robinson (appointed on 8th January 2025)
Supported by:
Ms E limtnez. Registsred Manager
Ms M Danao. Assistant Manager
Mrs T O'Toole FCMA, Treasurer and Business Manager
Ms P Williamson and Elaine Shahabeddin, Premier Care Solutions
Mrs J Mccarthy, HR Consultant
The charity's objective is to care for our residents. creating a welcoming home for elderly people whilst ensuring
they feel safe in an environment that they are familiar with. The Bickharn Home currently caters for up to 26
residents, including the capacity for respite Care. The Home consistently provides full attention to detail
genuine wamith towards all residents and offers around the clock assistance of the highest standard.
The last Care Quality Commission inspethion was in November 2020 in which the Home w&5 rated as Good in all
aTeas. The Home is providing a first-class service that strives to a¢hiev¢ continued improvements. The Home was
reviewed in July 2023 though an inspection was not required.
PUBIIC BENEFTT
The trustees confimi that they have, when and where necessgry to do so, paid regard to th¢ Charity Commission's
Guidance on Public Benefit when considering and n￿kIng their decisions.
The trustees allow the Home and gardens to host vaTiOUS charitable events each year to assist fi￿draiSIng and to
provide a local awareness of the facilities whi¢h are on offer at the Home. The kitchen garden is currently being utilised
by local gardeners for similar purposes with the additional benefit of providing fresh fruit and vegetsbles for the
Home's kitch¢n and flowers for th¢ Tesidents.
Stsff training has always been a high priority with all staff and The Bickham Home has a training coordinator who
ensures staff training is up to date. Staff have the opportunity to attend other training courses as they arise or r¢qu¢st
other training opporti￿1ties.
New ttustees are selected by the trustees and introduced to the workings of the Horne and are kept updatsd through
regul8s trustees, meetings and ¢ommuni¢ation throughout the year. Trustees also attend staff meeting5, on a rots, to be
ac¢¢ssibl¢ to staff and to arw¢r any of their queries.
Doc ID: 40a26e5d70daa8a38c78eccf1265268b404e61cd

BICKHAM HOME, BOTh￿oN
TRUSTEES, REPORT FOR THE YEAR Er￿DED 31°, MARCH 2025
REVIEW OF AcII￿v￿m[NfS AIYD PERFORMANCE FOR THE YEAR
The charity has aimed to generate a surplus each year to properly fund the day to day njnning of the Home and to
provide ￿ndS for exceptional maintenance and improvements. Following struggles in previous years, we raised fees
significantly. appointed new management staff 2 years ago, and ensured all staff were employed at living rninimum
wage. Our management team have reduced staff agency costs significantly however, due to Éncreasing costs we have
not managed to deliver a svrplus this year however we have spent money reinvesting back into the home and its
fa¢ilities. We have previously remodelled the lounge and are cU￿entlY in the process of Up￿ading the dining room
fijrniture, curtains arAd window frames.
We have continued ongoing maintenance and improvements to our building, and we have n¢ed¢d to make ne¢¢ssary
modifications based on our regular f]re safety, legionell4 asbestos and infection control &ss¢ssnLents. We have
continued to upgrade the building including further wipeable flooring, an upgraded sluice area and the replacement of
the fmal asbestos doors. The mof requires regular attention and is inspected on an annual basis.
It has always been the Trustees aim to ensure that the Home is well led, deliver5 a high standard of care for its
residents and builds on its ex¢ellent reputation. Our Registered Manager, Ms E Jiminez, continues in post supported
by Ms M Danao. our deputy manager. We have also dispensed with the services of Caresolve and have now
engaged Premier Care Solutions as our visiting residential home management consultants. Thts new support has
proved successful. We continue to employ the services of Mrs J Mccarthy. a HR ¢onsultanL who has been
supporting the management with tbe HEi side of running the home.
Fillancial Results
a result of cost pressures asso¢iLted with in¢re2sed staff costs and energy costs in addition to repairs and
modifirations to the hom¢, we have Continued a policy of increasing fees accordingly. Despite the increase in fees, a
redurtion in oKupanGy has contributed to income reduci-ng by 3D/o over the last year. Total expendittwe increased by
7010 due to the above factors.
Reserves policy
The trustees aim to n￿Intain free reserves in unrestricted and legacy funds at a level which at least exceeds thiee
months of charitable expenditure. Based on the budgeted expenditure for 2025-2026, this requires free reserves to
be held of approximately £332k. The Trust¢es have previously considered that this level will provide sufficient
fiJnd5 to rne¢t the inevitabl¢ capital expenditur¢ needed to maintain the high standard of care to residents in a
Victorian Mansion house, to fully ¢omply with any updates required to CQC requirements and to cover any
unexpected falls in occupancy levels.
Investmejjt Management and Policy
The charity's investsnents are managed by Barclays Wealth. There are no Testrictions on the charity's power to
invest.
The trustees, investment powers are set out in the charity's trust instrument. The investment strategy is set by the
truste¢s and takes into a¢¢ount income requirements, th¢ risk profile and the investment manager's views of the
market prospects in the medium term.
The policy is to maximise total rthrn through a diversifLed portfolio whilst providing a level of incorne advised by
the trustees from time to time. The performance of the portFolio and the charity's investment strategy are reviewed
by the trustees and their repTesentstives who meet wkth the investment Manager at least twtce a year.
The charity investment aGhieved an income yield of 3.30/0 (2024: 3.00/0).
Throughout the year the trustees have continued to liaise closely with the charity's inv¢sknent adviser and seek their
advice. The charity has no immediate need to realise value from the portfolio other than through interest income and
given that the trustees, intention is to hold investments ov¢r the longer tenn, we have been advised to monitor the
investtn¢nt p¢rforman¢e but not to radically amend th¢ investment policy that has been followed in recent years.
Doc ID: 40a26e5d70daa8a38c78eccf1265268b404e61 cd

THE BICKHAM HOME, BOWDOIY
TRUSTEES, REPORT FOR THE YEAR EIYDED 31" MARCH 2025
The trustees will continue to review perfornwice but, given that they view their investments as being for the long
terni, they remain confident that the poli¢y adopted is appropriat¢ for the charity.
Key Man8g¢m¢nt Personnel remuneration
The t￿￿te¢S Gonsider the board of tn￿tees, the Registered Manager and Treasurer as comprising the key
management personnel of the charity in charge of directing and controlling the charity and running and operating the
harity on a day-to-day basis. All trnstees give this time freely and no trustee remuneration was paid in the year.
Ms P Williamson of Premier Care Solutions is the nominated individual for the home and holds overall
responsibility for ensuring that the care home operates in compliance with the requirernents of the Care Quality
Commission (CQC) and that the financial statements present a true and fair view of the organisation's activities in
support of the provision of safe and ¢ffethive care. Maxine Peny of Caresolve was the nominated individual for part
of the financial year.
We have previously highlighted serious concerns about the long-terni viability of the charity. However, we are
pleased to report that the Charity is now financially more robust thanks to our current management stru¢ture.
reduced agency staff costs and higher restdent occupancy levels. This has enabled us to Gontinue with upgrades to
the home.
The Trustees however are not complacent and remain aware of potential new cost pressures that may result from
hanges such as increases to pensions, national insurance, living wage, energy prices and repairs to an old Victorian
building.
The long-tern] viability of the home remains unCe￿in, but following on from our previous financial issues. the
Trustees will continue the policy of using our reserves when necessary to support the home and the Charity.
RISK MANAGEIIIENT
The tsvstees have considered th¢ majoT risks to which the Ch￿]ty is exposed and have reviewed those risks and
established systems and procedures to manage those risks.
AUD￿ INFORIVIATION
The Trustees who held office at the date of approval of thts Trustees. report confimi thaL so far as they aff individually
aware, there is no relevant audit information of Hd]ich tbe auditor is unaware. Each of th¢ Trnstees has taken all the
steps he or she ougJ]t to have taken &8 a Trustee to make himself or herself aware of any relevant audÈt infornMtion and
to establish that the T￿￿t'S auditors are aware ofthat Inforn￿lo￿.
TRUSTEES INDEMNJTY ARIL4NGEMENFS
The charity has Directors, and Officers, insurance to indemnify the trustees to the extent permitted by law in respe¢t of
11 liabilities to third parties arising out of. or in comiection with, their exe¢ution of their powers, duties and
responsibilities as trustees of the charity.
Doc ID.. 40a26e5d70daa8a38c78eccf1265268b404e61 cd

TItE BICKHAM HOME, BOWDON
TRUSTEES, REPORT FOR THE YEAR ENDED 31" MARCH 2025
STATEMENT OF THE TRUSTEES, RESPONSIBILITIES
The trl￿e$ are responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Pra¢tice).
The law applicable to charities in England and Wales, tbe Charities Act 2011. Charity {Ac¢ounts and Reports)
Regulations 2008 and the provisions of the trLLSt instrunlent require the thiste¢s to prepare finan¢iaI statements for
each financial year which give a true and fair view of the stat¢ of the affairs of the charity and of the incoming
resources and application of resources, including the inwme and expenditure, of the charity for that period. In
preparing thos¢ finan¢ial statements, the tmstees are required to
select suitable accounting policies and then apply them consistently.
observe the rnethods and principles in the Charity SORP.
make judgments and estimates that are reasonable and prudent;
State whether applicable UK accounting standardg have been followed, subject to any material
departures disclosed and explained in the financial statements.
prepare the financial statements on the going wn¢ern basis unless it is inappropriate to presume that
the charity will continue operating.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any
time the finanrial position of the Charity so as to enable them to ensure that the fu￿nCIal statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008. and the provision of the trust instrLunent.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud or other irregularities.
Approved by the trustees on 17th November 2025 and Sign￿ on their behalf
Dr C J Davies- Chair of Trustees
Do¢10'. 40a26e5d70daa8a38c78eccf1265268b404e61 cd

THE BICKEIAM Holl￿, BOWDON
INDEPEIYDEiYf AUDrroR'S REPORT TO THE TRUSTEES OF THE BICKEIAM HOIVI
Opinion
We have audited the financial statements of The Bickham Home (the 'charity') for the year ended 31st March 2025,
wbich comprlse the Statement of Financial Activity, Balance Sheet, Ststement of Cash Flow and Notes to the Financial
Statements, including a sumrnary of significant accounting policies. Th¢ financial reporting framework that Iw been
applied in their preparation is applicable law and United Kingdom A¢Gounting Standards including Financial Reporting
StandaTd 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom
Generally Accepted Accounting Practice.
In our opinion the financial statements:
giv¢ a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources
and application of resources for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.
and
have been prepared in accordance with the requirements of the Charities Act 2011. and The Charities
(Accounts & Reports) Regulations 2008 (which have been amended by a number of Orders since initial
release).
Basis for opinion
We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the
ffflanciai statements section of our report. We are independent of the charity in accordance with the ethical requirements
that are relevant to our audit of the fffinancial statements in the UK in¢luding the FRC'S Ethical Standard, and we have
fulfilled our other ethical responsibilities in accordance with th¢se requirements. We believe that the audit evidence we
have obtained is sufficient and appropriate to provide a b&sis for our opinion.
Conclusions relxtlllg to going COllC¢rn
In auditing the finanrial statements, we have concluded that the trustees, use of the going Goncern basis of accounting in
the preparation of the financial staternents is appropriate.
Based on the work we have perfomied, we have not identified any materiat uncertainties relating to events or conditions
that, individually or collectively, may cast si￿lfIcant doubt on the charity's ability to continue as a going concern for a
period of at least twelve months from when the finan¢ial statements are auth0ri5ed for issue.
Our responsibilities and the responsibilities of the trustee5 with respect to going concem are des¢ribed in the relevant
sections of this reporL
Other information
The other inforn)ation comprises the infornlation included in the1rnstee's repo¢ other than the financial statements and
our auditor's report thereon. The trustees are responsible for the other tnformation.
Our opinion on the financial staternents does not cover the other inforn]ation and we do not express any forni of
assuranc¢ ¢onGIusion thereon.
Ln Gonnethion with our audit of the fmancial statements. our responsibility is to read the other infornmtion and. in doing
so, consider whether the other infonnation is materlally Èn¢onsisterAt with the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially rnisstated. If we identify such matertal xn¢onsistencies or
apparent material misstat¢ments, we are ￿quired to detennine whether there is a material misstatement in the financial
statements or a material misstatement of the other infonnation. If, based on the work we have perfomied, we conclude
that there is a n]aterial rnisstaternent of this other infonnation, we are required to r¢port that facL
We have nothing to report in this regard.
Doc ID: 40a26e5d70daa8a38c78e¢cf1265268b404e61 cd

THE BICKEIAM HOIVIE, BOWDON
JIYDEPENDENf AUD￿OR's REPORT TO THK TRUSTEES OF THE BICKHAM HOME
Matters on Ivhich we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts & Reports)
Regulations 2008 require us to report to you if, in our opinion..
the infomiation gtven in the Report of the Trustees is inwnsistent in any material respect with the f￿all¢la1
staternents; OT
sufficient accounting records have not been kept. or
the financial statements are not in agreement with the accounting records. or
we have not received all the inf0m￿tIOn and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustee's responsibilities statement [set out on page 5]. the trustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal
control as the trustees deterniine is necess￿ to enable the preparation of financial staternents that are free from
material misstatement, whether due to fraud or error.
In preparing the f￿ancial statements, the trustees are responsible for assessing the charity's ability to continue as a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting
unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do
so.
Auditors, ruponsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act
and relevant regulations rnade or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misststement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted An accordance with
ISAS (UK} will always detect a material misstatement when it exists. Misstafrments arise from fraud or error and
are considered material if, individually or in the asgregate, they could T￿OnablY b¢ ¢xpethed to influence the economi
deGisions of us¢rs taken on the b&8is of thes¢ financial statements.
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud
and non-compliance with laws and regulations, was as follows:
the engagement partner ensured that the engagement team collectively had the appropriate competence.
capabilities and skills to identify or recognise non-compliance with applicable laws and regulations-
we identified the laws and regulations applieable to the charity through discussions with trustees and other
managemenL and from our knowledge and experience of the charity sector.
we focused on specific laws and regulations which we considered May have a direct material effect on the
financial statements or the operations of the charity, including the Charities Act 2011, taxation legislation and
data PTOtection, anti-bribery, employment, environmental and health and safety legislation.
we assessed the extent of compliance with the laws and regul&tions identified above through making
enquiries of management and inspecting legal correspondence and reviewing trustee meetÈng minutes. and
that identified laws and regulations were ¢ornmuni¢ated within the audit team regularly and the team
remained alert to instanres of non-compliance throughout the audit.
We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an
understanding of how fraud might occur, by:
nlaking enquiries of nmnagement and those charged with gov¢rnan¢e as to where they ¢onsider¢d there was
susceptibility to fraud. their knowledge of a¢tual. su5pe¢ted and alleged fraud; and
onsidering the internal controls in place to mitigate risk5 of fraud and non-compliance with laws and
regulations.
Doc ID: 40a26e5d70daa8a38c78eccf1265268b404e61 cd

THE BICKIIAM HOLlff, BOWDON
INDEPKIYDENf AUDITOR'S REPORT TO THE TRUSTEES OF THE BICKUAM HOME
To address the risk of fraud through management bias and override of controls, we:
perfomled analytical procedures tr) identify any unusual or unexpethed relationships.
tested journal entries to identify unusual transactions;
tested the authorisation of expenditure L¥ part of our substantive testing thereon.
assessed whether judgements and assurnptions made in detern]ining accounting estimates set were indicative
of potential bias. and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedur¢s which
included, but not limited to..
agreeing financial statement disclosures to underlyit]g supporting documentation;
reading the minutes of meetings of those charged Ivith governance;
enquiring of management as to actual and potential litigation and claims; and
reviewing ¢orrespondence with HMLiC, relevant regulators including the Care Quality Commission (CQC),
and the ¢harity's legal advisors.
There are inherent limitations in our audit procedures described above. The more removed that laws and regulattons are
from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also
limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and
other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud ¢an be harder to detect than those that arise from error as they may
involve deliberate ¢on¢ealment or Gollusion.
A further description of our responsibilities for the audit of the financial statements is available on the Financi&l
Reporting Council's website at: www.frG.org.uklauditorsresponsibilities. This description forrns part of our auditor's
report.
Use of our report
This report is made solely to th¢ Ch￿￿ty,$ truste¢s. as a body, in accordance with Part 4 of the Charities {Accounts &
Reports) Regulations 2008. Our audit work ha5 been undertaken so that we might state to the charity's trustees those
matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent pern)itted
by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body,
for our audit work, for thts repo¢ or for the opinions we have forn)ed.
McKellens Ltd, Statutory Auditor
I l Riverview
The Embanknient Business Park
Vale Road
Heaton Mersey
Stockport
SK4 3GN
Date:
dtsl
McKell¢ns Ltd is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as
auditor of a company under section 1212 of the Companies Act 2006.
Doc ID: 40a26e5d70da88a38o78eccf1265268b404e61

THK BICKHAM HOME, BOWI)ON
STATEIWIENT OF FINANCIAL ACTIvrriES FOR THE YEAR ENDED 31° IIIARCH 2025
2025
2025
2025
2024
Note
Unrestricted
Funds
ndoivment
Funds
Total
Fullds
Total
Funds
Ineome and endowments from:
Donations and grants
3,118
3,118
5,077
Charltable athivities:
Operation of we home
1,165240
1,165240
1,202.926
tnveslment income
16,508
746
23254
21.045
Total income and elldomynents
1,184,866
6,746
1,191.612
1,229,048
Expenditure on:
Raising funds..
Investment management costs
1.168
527
1,695
1,794
Charitsble activities..
Operation of care home
1240,928
1240,928
1,156,526
Total
1242,096
527
1242,623
1,158,320
Net incomel(expenditure)
before gains/(losses) on inveslments
{57,230)
6,219
(51.011)
70,728
Net (lossygains on investments
363
164
527
45,885
Transfers between funds
6219
(6219)
Net movement in funds
(50,648)
164
(50,484)
116,613
Reconcijiatioll of funds
Total funds brought forward
996248
219,908
1216,156
1.099.543
Total funds carried forward
94&600
220,072
1,165,672
1.216.156
The Statement of Financial Activities includes all gains and losses recognised in the ye8T.
All income and expenditure derives from continuing activities.
Doc ID: 40a26eSd70daa8a38c78eccf1265268b404e61cd

THE BICKHAM HOME, BOWDON
ILANCE SHEET AS AT 31" MARCH 2025
2025
2025
Unrestricted Endowment
Funds
Funds
2025
Total
Funds
2024
Funds
Note
Fixed assets
Tangible assets
Investments
246,798
487,711
246,798
707,783
278,202
707,255
io
220,072
Total fixed a￿ets
734509
220,(ll2
954,581
985,457
Current assets
Debtors
68,177
6&177
11,898
Cash at Bank and in Hand
339,585
339,585
320,662
Total current assets
407,762
407,762
332,560
Li*bi]ities
Creditors falling due within one year
12
19Q671
196,671
101,861
Net current assets
211,091
211,091
230.699
Net assets
945,600
220,072
1,165,672
1,216,156
The fullds ofthe charity:
13
Endowment funds
220,072
220,072
219,908
Unrestricted income funds
945,600
945,600
996,248
Total cbarity funds
945,600
220,(172
1,165,672
1.216,156
The financial statements were approved by the trustees on IP November 2025 and signed on their behalf by:
. P Long- Trustee
. C J Davies- Trustee
io
Doc ID: 40a26e5d70daa8a38c78eccf1265268b404e61cd

THE BICKHAM HOIIIE, BOWDON
STATEIVIENT OF CASH FLOWS FOR THE YEAR ENDED 31" MARCH 2025
Total
Funds
2025
Funds
2024
Note
Net cash provided byl(u$ed in)
operalillg activiti¢s
17
{4J31)
102,500
Cash flows from investing aetivities:
Investment income
23,254
21.045
Net cash provided by investing aetivitie$
23254
21,045
Change in caslj ajjd casb equivalents in
the year
18,923
123.545
Cash and cash equivalent brought forward
320,662
197.117
Cash And eash equivalent ¢8rri¢d forward
18
339085
320,662
li
Doc ID.. 40a26e5d70daa8a38c78eccf1265268b404e61cd

THE BICKHAM HOLVIE, BOWDON
NOTES TO THE FINANCIAL STATEMENfs FOR THK YEAR ENDED 31" MARCH 2025
Ae¢ouDting policies
Basis of preparation
The financial statements of the charity. which is a public benefit entity under FRSI02, hav¢ been prepared in
accordance with the Chatities SORP (FRS102) 'Accounting and Reporting by Charities: Ststement of
Reconllnended Practice, applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applic&ble in the UK and Republi¢ of Ireland (FRS102) (effective 1st January 2019),.
Financial Reporting Standard 102 'The FiDan¢ial Rq)orting Standard applicable in the UK and Republic of
Ireland, and the ChaTitie5 Art 2011. The fll]ancial statements have been Prepared under the historical cost
onvention.
The presentalional Gurrency ofthe financial staternents is the Pound Sterling (£).
Preparation of the accounts on a going concern basis
The charity has prq)ared budgets which indicate that the charity Iw sufficient reserves in order to meet its
liabilities as they fall due and, on that basis. the trustees are satisfied that it remains appropriate to prepare the
financial statements on a going concem basis.
Fund5 Structure
The charity has a single pennanent endowment. The endowment provides for the trustees to invest the capital
in perpetuity as it is managed on a total return basis. The tt￿Stees. at tbeir discretio￿ may allocate any part of
the unapplied total retLSm to the general purpose of the charity.
Unrestricted income f(]nds comprise those funds which the trustees are free to use for any purpose in
furtherance of the charitable objects.
Income recognition
All incoming resour¢e$ ar¢ recognised on¢e th¢ charity has entitlement to the resources, it is certain that the
r¢sour¢es will be r￿e1ved and th¢ monetary value of incorning resources can be measured with sufficient
liability.
Incoming resources from Charitable Activities comprise of fees receivable from private individuals and local
authorities.
Investsnent income comprises dividends and interest received. Dividends are recognised on a cash received
basis, interest on fi￿dS held on deposit is recognised on a receivable b&sis when the amount ¢an be measured
reliably by the charity. this is nornmlly upon notification of the interest patd or payable by the bank.
Govemment and local authority grant inwme is rewgnised on a receivable basis when there is evidence of
entitlement, receipt is probable and amounts can be measured reliably.
In accordance with the Charities SORP FRS102, volunteer time is not recognised.
Expenditure recognition
Liabilities are recognised as resources expended as soon as there is a legal or CQTth¢tive obligation
committing the charity to the expenditure. All expenditure is accounted for on an accrua15 basis and has been
classified under headings that aggregate costs related to the category.
All expenditure is stated inclusive of irrecoverable VAT.
Expenditure on raising fjjnds Comprise investment manager's fees.
GovernanG¢ costs compris¢ ail ￿sts involving public accountability of the charity and its compliance with
regulafion and good practice.
Direct charitable expenditure comprises all expendill￿e directly relating to the obJ￿ts of the ¢harity. When
necessgry, costs are allocated between direct charitable expenditur4 support costs in proportion to lime spent
and estin1￿ use of seryices and materials.
12
Doc ID.. 40a26e5d70daa8a38c78eccf1265268b404e61cd

THE BICKHAM HOTh￿, BOWDON
NOTES TO THE FINANCIAL STATEIVIEiYfs FOR THE YEAR ENDED 31" MARCH 2025
Tangible fixed assets
No value is inGluded in the accounts in respert of the property, household goods and equipment transferred
from the Estate of Miss H C Bickham deceased in 1954. Subsequent capital expenditure on Trplacing
equipment has been written off in the year it was incurred. However, the net book value of the building and
equipmenL if depreciated, would not be matertal.
Since 2012, land and buildings is stated in the balanGe sheet at GOSt. Capital items costing less than £5,000 are
written off as an expense as acquired.
Depreciation
Depreciatioll is provided at the following ￿mUal rate in order to write off each asset over its estimated use￿1
life.
Land and buildings
Fixtures alld fittings
IOO/o on cost
Fixed asset ftnvestments
Investments are a fomi of basic financial instrument and initially recognised at their transaction value and
subsequently measured at their fair value &8 at the balance sheet date using the closing quoted market price. The
statement of financial athKvities includes the net gains or losses arising on the revaluation and disposals
throughout the year.
The tsust does not acquire put options, derivatives or other complex fmancial insiThments.
The nlain fom] of financial risk faced by the charity is that of volatility in equity markets and inveslment
markets due to wider economic conditions, the attl￿de of investors to investtnent risk, and changes in sentiment
concerning equities and within particular sectors or sub sectors.
Realised gains and losses
All gains and losses are posted to the statement of financial a¢tiviti¢s as they arise. Realised gains and losses on
investments are Calculated &8 tlie differen¢e between sale proceeds and opening market value (purch&8e date rf
later). Unreajised gains and losses are calculated as tlie difference between the market value at the year end and
opening market value {or purchase date if later).
Debtors
Trade and other debtors are recognised at the transaction price less any impairment.
Cash at bank and ill hand
Cash at bank and in hand represents such accounts and instruments that are available on demand or have
matiwity of less than three months from the date of acquisition. Deposits for more than three months but less
than one year have been disclosed as short-tenn deposits. Cash placed on deposit for more than one year is
disclosed as a fixed asset investment.
Creditors and provisions
Creditors and provisions are rewgnised when there is an obligation at th¢ balance sheet date as a r¢suLt of a p&8t
evenL it is probable that a transfer of ewnomic benefit will be required in settlemenL and the amount of th¢
settlement can be estimated reliably. Creditors and provisions are nonnally recognised at the amount the charity
anticipates it will pay to settle the debt.
Pensions
The Charity operates a defined contribution ('money purchase,) pension scheme for its employees. The assets of
the scheme are held separately from those of the chartty in an independendy administered fimd. Employer
contributions are charged to the Statement of Financial A¢ttviti¢s as they become payable in accordance with
the n￿eS of the scheme.
13
Doc ID: 40a26e5d70daa8a38c78eccf1265268b404e61 cd

THE BICKUAM HOMI, BOWDON
IYOTES TO THE FINANCIAL STATEMENTS FOR TIIE YEAIi Ef4DED 31$t IVIARCH 2025
Operating leases
Rentals paid under operating leases are charged to the income and expendittwe account on a straight-line
basis over the period of the lease.
Termination benefits
Tennination benefits are recognised inun¢diately a8 an expense when the￿ is a clear decision or
cornmitrnent to temiÈnate the employment or provid¢ such tennination benefits.
Corporation Tax
The charity is exempt from Corporation T&x on income falling wkthin Part I l of the Corporation Tax Act
2010 to the extent that these are applied to its charitable purposes. Accordingly, no provision has been made
for Corporation Tax in these accounts.
Donations and graDts
2025
2024
Donations and event income
Grants received
3,118
5,077
3.118
5,077
Operation of care home
2025
2024
Residents, fees
Residents, charges
1,163,562
1,678
1,198,606
4,320
1,165240
1.202,926
nv¢stment income
2025
2024
Listed inveslrnents
Bank interest
21,698
1556
20,675
370
23,254
21,045
14
Doc ID.. 40a26e5d70daa8a38c78eccf1265268b404e61cd

TI[£ BICKEIAM HOME, BOWDON
NOTES TO THE FINANCIAL sfATEMENfs FOR THE YEAR EIYDED 31" MARCH 2025
2025
2024
5. Analyslls of charitable expettditure
Stsff ¢osts
Social security
Pension costs
Temporary staff
Food and provisions
Insurance
Council tax
Heat and light
Water ¢harges
Garden upkeep
Cleaning and w&¥te
Repairs
712,789
56,389
11,224
19,843
66,289
19,446
1,971
58,220
10,518
13,988
33,711
93,848
613,839
45,605
10,897
38,746
63.357
17,416
1.877
34,944
8,764
6,177
31,168
137,712
Ill
Care consumables
Postage, telephone and stationery
Depreciation
Registration fees
Sundries
Staff Training
Legal and professional fees
Enfrrtainm¢nt for residents
Computer solhvare
Management consultants
Support costs (see note 6)
Governance costs (see note 6)
10,434
1,006
31,404
4270
6.690
6,158
7,394
2,911
14,539
33,358
17,724
6,804
15,752
1,924
31,404
4,270
4,343
4,076
12,551
3,556
9,599
36,825
16.984
4.740
1240,928
1,156,526
No employees had emoluments in excess of £60,000 during the year (2024: none).
Temporary staff are used by the clients to cover staff holidays and illnesses.
The average number of employees during the year was..
2025
2024
Provision of care
33
32
The Key Management Personnel of the Gharity in rharg¢ of dIre￿Ing and wntrolling, running and
operating the charity on a day-to-day basis Gomprises the trustees, the manager and the treasurer. Total
amount of ernployee benefits received by Key Management Personnel in the year (including Employers
NICS and pension contributions) was £75,192. (2024: £54,138).
15
Doc ID.. 40a26e5d70da88a38c78eccf1265268b404e61cd

THE BICKHAM HOME, BOWDON
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31" MARCH 2025
Allalysi$ of support and governance costs
The breakdown of support costs and how these were allocated between governance and other support Costs is
shown in the table below:
Genernl
Support
Governance
2025
2024
Tre&surer's honorarium
Bank ¢harges
Advertising and rnarketing
Auditors, rernuneration:
- Statutory audit services
- Other non-audit services
11,700
320
1955
11,700
320
1,955
11,700
343
6,804
6,804
3,749
4,470
4,941
3,749
17,724
6,804
24,528
21,454
7. Trustees. remuneration and benefits
There were no tn]stees' remuneration or oth¢r b¢nefits for the year ended 31SI March 2025 nor for the year ended
31° March 2024.
T￿￿ttes, expens
There were no trustees, expenses for the year ended 31st March 2025 nor for the year ended 31° March 2024.
16
Doc ID.. 40a26e5d70daa8a38c78eccf1265268b404861cd

THE BICKtIAM HOIVIE, BOWDON
NOTES TO THE FINANCIAL STATEffvtENfs FOR THE YEAR ENDED 31. IVIARCH 2025
8. Comparatives for the statsment of financial activities
2024
2024
2024
Unrestricted Endowment
Funds
Funds
Total
Funds
Income and endowments from..
Donations and
5,077
5,077
Charitable activities:
Operation of ¢are home
1,202,926
1,202,926
Investsnent inwme
14,617
6,428
21,045
Total income and endowments
1,222,620
6,428
1,229,048
Expenditure on:
Raising funds:
Investment management costs
1,236
558
1.794
Charitable activities:
Operation of care home
1,156,526
1,156,526
Totsl
1,157,762
558
1,158,320
Net incomel{expenditLwe)
before gains/(losses) on inveslrnents
64,858
5,870
70,728
Net (loss)Igains on investments
31,618
14,267
45,885
Transfers between funds
5,870
(5,870)
Net movement in funds
102,346
14,267
I 16,613
Reconciliation of funds
Total funds brought folward
893.902
205,641
1.099.543
Total fimds catried fo￿ard
996,248
219,908
1,216,156
17
Doc ID: 40a26e5d70daa8838c78ec¢f1265268b404e61cd

THE BICKHAM HOIIIE, BOWDON
NOTES TO THE FINANCIAL STATEl￿ENTs FOR TttE YEAR ENDED 31" MARCH 2025
9. Tangible fJx¢d assets
Land
aud
buildings
Fixtures
and
fittings
Totsl
COST
At I. April 2024 and
31. March 2025
539232
62,896
602,128
DEPRECL4TION
At I. April 2024
Charge for the year
283,707
26,962
40.219
4.442
323,926
31,404
At 31* March 2025
310,669
44,661
355,330
ET BOOKVALUE
At 31, March 2025
228￿63
18,235
246,798
At 31. March 2024
255,525
22,677
278,202
The deeds of the property "Bickham Home" are vested in the Offirial Custodian for Charities. As permitted
under FRS102, the charity has continued to adopt a policy of not revaluing its tangible fixed assets.
There are no detailg available ofthe original historical cost of the property.
It is likely that ther¢ is a materiaI dTfference between the open market value of the charity's prop¢rty and its book
value. The amount of such differences cannot be ascertained without incurring signifi¢ant costs which, in the
opirAion of the trustees, is not justified in tem￿ of the benefit to the user of the a¢¢ounts.
The charity's buildings have an insured value of £5.355.467.
18
Doc ID.. 40a2685d70daa8838c78eccf1265268b404e61 cd

THE BICKEIAM HOME, BOWDON
NOTES TO THE FtNANCIAL STATEIVIENfs FOR THE YEAR ENDED 31" MARCH 2025
10. Fixed a&set investments
2025
2024
Market value brought forward
Gainsl(losses) on r¢vatuation
707,255
527
661,371
45,884
Market value as at 3 1st March 2025
Cash held fr>r inveslrnent
707,782
707,255
707,782
707255
Analysis:
Total
Unrestricted
ndoivment
Unitsd Kingdom
Listed inveslments: Funds
707,783
487,711
220,072
707,783
487,711
220,072
]nvestm¢nts that comprise more than 5V/o of the mad(et value at the year end w¢r¢:
2025
2024
Barclays Charity F￿d
707,783
707,255
11. Debtors
2025
2024
Trade debtors
Prepayments and accrued income
Other debtors
61,657
6,106
414
5,404
6,494
68,177
11,898
19
Do¢ ID.. 40a26e5d70daa8a38c78eccf1265268b404e61 cd

THE BICKHAM HOME, BOWDON
NOTES TO THE FINANCIAL STATE11￿1yrs FOR THE YEAR EIYDED 31" MARCH 2025
2025
2024
12. Creditors: amounts falling due within one year
Trade creditors
Other taxation and social security
Other creditors
Accruals
Deferr¢d incorn¢
21,942
2,915
57,685
9,743
104,386
43,326
10,915
14,989
15,112
17,519
196,671
101,861
Deferred income
Deferred income as at I. April 2024
Utilised in the year
Received in the year
17,519
(17519)
104,386
29,793
(29,793)
17,519
Balance at 31" March 2025
104.386
17,519
Deferred income consists of Care fees paid in advance.
13. Movement in funds
Unrestricted
Endowm¢llt
Total
Balance at 1° April 2024
Incoming resources
Resources ¢xp¢nd¢d
Transfers
(Loss)Igain on investments
996248
1,184,866
{1,242,096}
6.219
363
219,908
6,746
(527)
(6219)
164
1216,156
1,191,612
{1242,623)
527
Balance at 31" March 2025
945,600
220,072
1,165,672
The capitaI element of the endowment fund must be mainlained but income may be used for the general purposes of the
Home. For this reason, during the year the trustees have decided to transfer £6,219 (2024.. £5.870) from th¢ endowment
fund to the unrestricted ￿nd.
20
Doc ID- 40a26e5d70d8a8838c78ec¢f1265268b404e61 cd

BicIaL4M HOIVIE, BOWDON
NOTES TO THE FINANCIAL STATEMENfs FOR THE YEAR El￿ED 31" MARCH 2025
CompArativeg for movement in funds
Unrestricted
Endowment
Total
Balance at l* April 2023
Incorning resources
Resources expended
Transfers
(Loss)Igain on investments
893,902
1,222.620
(1,157,762)
5.870
31,618
205.641
6,428
(558)
(5,870)
14,267
1.099,543
1.229,048
(1,158,320)
45,885
Balance at 3 1st March 2024
996,248
219,908
1,216,156
14. PensioDS commitments
The charity operates a defined contribution ('money purchase,) pension scheme for its employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund. Employer contributions
are clwged to the Statement of Financial A¢tivities as they become payable in accordance wtth the rules of the
scheme.
The pension Gharge for the year was £11,224 (2024: £10,897). The employer amount outstanding at the year end was
£1,104 (2024: £1,294). The average number of ernployees accruing benefits in the pension schetne during the year
was 33 (2024: 25).
15. IAasillg agreements
Future minimum leas¢ paym¢nts under non-WAc¢llable operating leases fall due as follows:
2025
2024
Within one year
Bettveen two and five years
Over five years
12,418
29,090
10,870
33,440
41,508
44.310
16. Related parties
Total employee benefits of Key Management Personnel are disclosed in note 5 of the accounts. The charity is
ontrolled by the trustees.
21
Doc ID.. 40a26e5d70daa8a38c78eccf1265268b404e61 LXI

THE BICKHAM HOME, BOWDON
NOTES TO THE FINANCJAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025
17. Reconciliation of net movement in funds to net cash flow from operating activities
2025
2024
N¢t movement in funds
Add back deprecRation charges
Deduct invthent income
Deduct gainsladd back losses
on investments
Decreasd(increase) in debtors
Increase/(decre&se) in creditors
(50,484)
31,404
(23254)
116,613
31,404
(21,045)
{527)
{56,280}
9{810
(45,885)
2,624
18,789
Net cash used in oper8ting acttvities
(4J31)
102.500
18. Analysis of and cash equivalents
C&8h at bank and in hand
339,585
320.662
Total Cash and cash equivalents
339.585
320,662
22
Doc ID: 40826e5d70daa8a38c78eccf1265268b404e61 cd

THE BICKHAM HOME, BOWDON
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31" MARCH 2025
2025
2024
COME
Residents. fees
Resident ch￿geS
Donations and grants
Event inwme
Listed inv¢stments
Bank interest
1,163,562
1,678
1,977
1,141
21,698
IA56
1,198,606
4,320
5.077
20,675
370
TOTAL INCOIV
1,191,612
1,229,048
Running Expenses
Staff ¢ost5
Social security
Pension costs
Temporary staff
Food and provisions
Care consumables
Insurance
Council t&x
Heat and light
Water charges
Cleaning and wast¢ charges
Garden upkeep
Entertainment for residents
Repairs
Staff Training
Computer software
712,789
56,389
11,224
19,843
66289
10,434
19,446
1971
58220
10,518
33,711
13.988
2,911
93,848
6,158
14539
613,839
45,605
10,897
38,740
63,357
15,753
17,416
1.877
34,944
8,764
31,224
6,177
3,556
137,712
4,076
9,599
1,132,278
1,043,536
Administration
Tre&surels honorarium
Audit fees
Accountancy
Investment charges
Registration fee
Postage, telephone and stationery
Sundri¢s
Bank charges
Legal and professional f¢es
Advertising and marketing
Management consultants
11,700
6,804
3,749
1,695
4270
1,006
690
320
7J94
1,955
33J58
11.700
4,740
4,941
1,794
4,270
1,924
4,293
342
12,551
36,825
78941
83,380
Depreciation
31804
31,404
TOTAL EXPENDrrirRE
Net (lossygain5 on investments
1242.623
527
1.158.320
45,885
SURPLUS/(DEFICIT) FOR THE YEAR
(50A84)
116.613
This page does not fomi part of the stattrtory financial statements.
23
Doo ID: 4oa26e5d7odaa8a38c78ec￿1265268b4Q4e6l cd