This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2021-09-30-accounts

			Page
Report ofthe Trustees			1to 3
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements			7 to 13
Detailed Statement ofFinancial		Activities	14

for the ear ended 3	0Se tembe	r 2021
					Restricted	30.9.21	30.9.20
			Unrestricted	Restricted	funds	Total	Total
			funds	funds	(Donation)	funds	funds
		Notes	8
INCOME AND
ENDOWMENT FROM:
Charitable activlttes
Supported living			266,527			266,527	365,177
Furlough grant receivable			1,465			1,465	1,791
Investment income			3,189			3,189	3,591
Total income			271,181			271,181	370,559
EXPENDITURE ON:
Charitable activities
Supported living			296,094			296,094	313,092
Governance costs			15,979			15,979	14,493
Total expeaditure			312,073			312,073	327,585
Net (losses) on investments			(6,201)			(6,201)	(55)
Net (expenditure)/income
before gains 46 losses			(47,093)			(47,093)	42,919
NKT MOVKMKNT IN
FUNDS		10	(47,093)			(47,093)	42,919
RKCONCILATION	OF
FUNDS:
Total funds brought	forward		693,977	575,086	35,000	1,304,063	1,261,144
TOTAL FUNDS CARRIED
FORWARD			646,884	575,086	35,000	1,256,970	1,304,063

BALANCE SH A~30 0 2 0	E	ET 2022
						Restricted	30.9.21	30.9.20
				Unrestricted	Restricted	funds	Total	Total
				funds	funds	(Donation)	funds	funds
			Notes
FIXEDASSETS
Tangible assets			6	467,330	575,086		1,042,416	1,060,871
Investments			7	105,060			105,060	111,261
				572,390	575,086		1,147,476	1,172,132
CURRENT ASSETS
Debtors: residents	fees due		8	19,519			19.519	21,458
Cash at bank and in		hand		64,743		35,000	99,743	122,734
				84,262		35,000	119,262	144,192
CREDITORS
Amount falling due		within one year	9	(9,768)			(9,768)	(12,261)
NET CURRENT	ASSETS			74,494		35,000	109,474	131,931
TOTAL ASSETSLESS
CURRENT LIABILITIES				646,884	575,086	35,000	1,256,970	1,304,063
NKT ASSETS				646,884	575,086	35,000	1,256,970	1,304,063
FUNDS			10
Unrestricted funds							646,884	693,977
Restricted funds (donation)							35,000	35,000
Restricted feuds							575,086	575,086
TOTAL FUNDS							1,256,970	1,304,063

Freehold	property	2% on cost
Freehold	land	NIL
Fixtures	and fittings	20%on cost

INVESTMEN	T INCOME
			30.921	30.9.20
Deposit account interest			3,189	3,591
NET INCOMING/(OUTGOING)		RESOURCES
Net resources	are stated after charging/(crediting):
			30.9.21	30.9.20
Independent	examiner's fee		4,415	4,300
Depreciation	- owned assets		23,199	23,372

				30.9.21	30.9.20
Wages and	salaries			186,140	176,531
Employer's	NIC			3,029	2,543
Employer's	pension	contributions		1,734	1,097
				190,903	180,171
No employee	earned more than $60,000per		annum (2020 —none).
The average monthly		number ofemployees	during the year was as follows:

The average monthly number ofemployees during t	he year was as follows:
		30.9.21	30.9.20
		No.	No.
Charitable activities		15	16
Administration		1	1
		16	17
There are no key employees.
TANGIBLE FIXEDASSETS
	Freehold	Fixtures
	property	and fittings	Totals
COST
At 1 October 2020	1,184,649	178,760	1,363,409
Additions		4,744	4,744
At 30 September 2021	1,184,649	183,504	1,368,153
DEPRECIATION
At 1 October 2020	159,437	143,101	302,538
Charge for the year	8,693	14,506	23,199
At 30 September 2021	168,130	157,607	325,737
NET BOOK VALUE
At 30September 2021	1,016,519	25,897	1,042,416
At 30 September 2020	1,025,212	35,659	1,060,871

7.	INVESTMENTS
			30.9.21	30.9.20
	Value at 30 September 2020		111,261	111,316
	Unrealised loss		(6,201)	(55)
	Value at30 September 2021		105,060	111,261
	The book costofthe investment	at 30 September 2021 isf110,000(2020:f110,000).
8.	DEBTORS:
			30.9.21f	30.9.20
	Residents fees due		6,861	8,917
	Other debtors and prepayments		12,658	12,541
			19,519	21,458

REDITORS: AMOUNTS FALLING DUE WITHIN	ONE YEAR
	30.9.21	30.9.20f
Trade creditors	1,541	1,723
Credit card	978	1,022
Accrued expenses	7,249	9,516
	9,768	12,261

					(Loss)	Movement
2019/20			IncomeI	Expenditure	investment	in funds
Unrestricted		funds
General	fund		370,559	(327,585)	(55)	42,919
TOTAL	FUNDS		370,559	(327,585)	(55)	42,919
					(Loss)	Movement
2020/21			Incomef	Expenditure	investmentI	in funds
Unrestricted		funds
General	fund		271,181	(312,073)	(6,201)	(47,093)
TOTAL	FIJNDS		271,181	(312.073)	(6,201)	(47,093)

					Net
					movement
				At 30.9.19	in funds	At 30.9.20
					8
Unrestricted funds
General fund				651,058	42,919	693,977
Restricted funds
Mabel Clarisse Warburton	general	fund		556,186		556,186
Mabel Clarisse Warburton	restricted		fund	18,900		18,900
Miss Durell Legacy				35,000		35,000
TOTAL FUNDS				1,261,144	42,919	1,304,063
					Net
					movement
				At 30.9.20	in funds	At 30.9.21
Unrestricted funds
General fund				693,977	(47,093)	646,884
Restricted funds
Mabel Clarisse Warburton	general	fund		556,186		556,186
Mabel Clarisse Warburton	restricted		frmd	18,900		18,900
Miss Durell Legacy				35,000		35,000
TOTAL FUNDS				1,304,063	(47,093)	1356,970

12.PRIOR YE	A	R STATEM	ENT OF	FINANCIAL A	CTIVITIES
						Restricted	30.920	30.9.19
				Unrmtricted	Restricted	funds	Total	Total
				funds	funds	(Donation)	funds	feeds
			Notes			0
INCOME AND
ENDOWMENT FROM:
Charitable activities
Supported living				365,177			365,177	345,268
Furlough grant receivable				1,791			1,791
Investment income				3,591			3,591	3,559
Total income				370,559			370,559	348,827
EXPENDITURE	ON:
Charitable activities
Supported living				313,092			313,092	292,585
Governance costs				14,493			14,493	14,378
Total expenditure				327,585			327,585	306,963
Net (losses)/gains	on
investments				(55)			(55)	5,853
Net income before gains &
losses				42,919			42,919	47,717
NKT MOVEMENT		IN
FUNDS				42,919			42,919	47,717
RECONCILATION		OF
FUNDS:
Total funds brought		forward		651,058	575,086	35,000	1,261,144	1,213,427
TOTAL FUNDS CARRIED
FORWARD				693877	575,086	35,000	1304,063	1,261,144