| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1to3 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | |||
| Notes to the Financial | Statements | 7to 13 |
| applicable in the UK and Republic ofIreland (FRS 102)(effective 1January 201 | applicable in the UK and Republic ofIreland (FRS 102)(effective 1January 201 | applicable in the UK and Republic ofIreland (FRS 102)(effective 1January 201 | applicable in the UK and Republic ofIreland (FRS 102)(effective 1January 201 | applicable in the UK and Republic ofIreland (FRS 102)(effective 1January 201 | applicable in the UK and Republic ofIreland (FRS 102)(effective 1January 201 | 9). | ||
|---|---|---|---|---|---|---|---|---|
| REFERENCE AND ADMINISTRATIVE DETAILS | ||||||||
| Registered Company number |
||||||||
| 00704595 (England | and | Wales) | ||||||
| Registered Charity | number | |||||||
| 221563 | ||||||||
| Registered oflice | ||||||||
| Warburton Lodge |
||||||||
| Meadow Cross | ||||||||
| Waltham Abbey |
||||||||
| Essex | ||||||||
| EN9 3DJ | ||||||||
| Trustees | ||||||||
| G Negus | ||||||||
| Reverend DrJSmith | (Resigned 28th May 2022) | |||||||
| D Pennison | (Resigned 20o June 2022) | |||||||
| VDavis | ||||||||
| BSteed | ||||||||
| Independent Examiner |
||||||||
| JARickler, FCA | ||||||||
| Alwyns LLP | ||||||||
| Crown House | ||||||||
| 151High Road | ||||||||
| Loughton | ||||||||
| Essex | ||||||||
| IG104LG | ||||||||
| Bankers | ||||||||
| HSBC | ||||||||
| 45 High Street | ||||||||
| Hoddesdon | ||||||||
| Heits | ||||||||
| EN11 8TA | ||||||||
| STRUCTURE, GOVERNANCE | AND | MANAGEMENT | ||||||
| Governing document |
||||||||
| The charity is controlled defined by the Companies |
by its governing Act 2006. |
document, | a deed oftrust, and constitutes | a limited company, | limited by guarantee, | as |
| Restricted | 30.922 | 30.9.21 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | funds | Total | Total | |||
| funds | funds | (Donation) | funds | Funds | |||
| Notes | |||||||
| INCOME AND | |||||||
| ENDOWMENT FROM: | |||||||
| Charitable activities |
|||||||
| Supported living Donations |
240,594 747 |
240,594 747 |
266,527 | ||||
| Furlough grant receivable Investment income |
2 | 2,856 | 2,856 | 1,465 3,189 |
|||
| Total income | 244,197 | 244,197 | 271,181 | ||||
| EXPENDITURE ON: | |||||||
| Charitable activities |
|||||||
| Supported living Governance costs |
302,028 22,146 |
302,028 22,146 |
296,094 15,979 |
||||
| Total expenditare | 324,174 | 324,174 | 312,073 | ||||
| Net (losses) on investments | (16,002) | (16,002) | (6,201) | ||||
| Net (expenditure)/income | |||||||
| before gains &losses | (95,979) | (95,979) | (47,093) | ||||
| NET MOVEMENT IN | |||||||
| FUNDS | 10 | (95,979) | (95,979) | (47,093) | |||
| RECONCILATION | OF | ||||||
| FUNDS: | |||||||
| Total funds brought | for&vard | 646,884 | 575,086 | 35,000 | 1,256,970 | 1,304,063 | |
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 550,905 | 575,086 | 35,000 | 1,160&991 | 1,256,970 |
| BALANCE SHEET ~A3II 0 ~ 2022 |
||||||
|---|---|---|---|---|---|---|
| Restricted | 30.9.22 | 30.9.21 | ||||
| Unrestricted | Restricted | funds | Total | Total | ||
| funds | fiunds | (Donation) | fuads | funds | ||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 6 | 454,120 | 575,086 | 1,029,206 | 1,042,416 | |
| investments | 7 | 89,058 | 89,058 | 105,060 | ||
| 543,178 | 575,086 | 1,118,264 | 1,147,476 | |||
| CURRENT ASSETS | ||||||
| Debtors | 8 | 32,438 | 32,438 | 19,519 | ||
| Cash at bank and in hand | (8,696) | 35,000 | 26,304 | 99,743 | ||
| 23,742 | 35,000 | 58,742 | 119,262 | |||
| CREDITORS | ||||||
| Amount falling due within one year |
9 | (16,015) | (16,015) | (9,768) | ||
| NET CURRENT ASSETS | 7,727 | 35,000 | 42727 | 109,474 | ||
| TOTAL ASSETSLESS | ||||||
| CURRENT LIABILITIES | 550,905 | 575,086 | 35,000 | 1,160,991 | 1,256,970 | |
| NET ASSETS | 550„0105 | 575,086 | 353000 | 131603991 | 1,2563970 | |
| FUNDS | 10 | |||||
| Unrestricted funds |
550,905 | 646,884 | ||||
| Restricted funds (donation) Restricted funds |
35,000 575,086 |
35,000 575,086 |
||||
| TOTAL FUNDS | 1,160,991 | 1,256,970 |
| lives on | the following bas | es: |
|---|---|---|
| Freehold | property | -2%oncost |
| Freehold | land | -NIL |
| Fixtures | and fittings | -20% on cost |
| 30.9.22 | 30.9.21 | ||
|---|---|---|---|
| Deposit account interest | 2,856 | 3,189 | |
| NET (OUTGOING) RESOURCES | |||
| Net resources | are stated after charging: | ||
| 30.9.22 | 30.9.21 | ||
| Independent Depreciation |
examiner's fee - owned assets |
4,415 20,645 |
4,415 23,199 |
| STAFFCOSTS | ||||
|---|---|---|---|---|
| 30.9.22 | 30.9.21 | |||
| Wages and salaries Employer's NIC Employer's pension contributions |
206,425 1,915 1,654 |
186,140 3,029 1,734 |
||
| 209,994 | 190,903 | |||
| No employee earned more than f60,000per |
annum (2021 —none). | |||
| The average monthly number ofemployees |
during the year was as | follows: | ||
| 30.9.22 | 30.9.21 | |||
| No. | No. | |||
| Charitable activities |
15 | 15 | ||
| Administration | 1 | 1 | ||
| 16 | ||||
| There are no key employees. | ||||
| TANGIBLE FIXEDASSETS | ||||
| Freehold | Fixtures | |||
| property | and fittings | Totals | ||
| COST | ||||
| At 1 October 2021 | 1,184,649 | 183,504 | 1,368,153 | |
| Additions | 7,435 | 7,435 | ||
| At 30September 2022 | 1,184,649 | 190,939 | 1,375,588 | |
| DEPRECIATION | ||||
| At 1 October 2021 | 168,130 | 157,607 | 325,737 | |
| Charge for the year | 8,693 | 11,952 | 20,645 | |
| At 30September 2022 | 176,823 | 169,559 | 346,382 | |
| NKT BOOKVALUE | ||||
| At 30September 2022 | 1,007,826 | 21,380 | 1,029,206 | |
| At 30September 2021 | 1,016,519 | 25,897 | 1,042,416 |
| 30.9.22 | 30.9.21 | ||||
|---|---|---|---|---|---|
| f | |||||
| Value at 30 September 2021 | 105,060 | 111,261 | |||
| Unrealised | loss | (16,002) | (6,201) | ||
| Value at 30 | September 2022 | 89,058 | 105,060 | ||
| The book cost | ofthe investment | at 30September 2022isf110000(2021:$110000). | |||
| DEBTORS: | |||||
| 30.9.22 | 30.9.21f | ||||
| Residents fees due Other debtors aud prepayments |
16,624 15,814 |
6,861 12,658 |
|||
| 32,438 | 19,519 | ||||
| CREDITORS | : AMOUNTS FALLING DUK WITHIN ONE YEAR | ||||
| 30.9.22 | 30.9.21 | ||||
| Trade creditors Credit card |
3,749 | 1,541 978 |
|||
| Other creditors | 2,391 | ||||
| Accrued expenses | 9,875 | 7,249 | |||
| 16,015 | 9,768 | ||||
| MOVEMKNT | IN FUNDS | ||||
| et movement | in funds, included | in the above are as follows: | |||
| (Loss) | Movement | ||||
| Income | Expenditure | investment | in funds | ||
| 2020/21 | 8 | 8 | |||
| Unrestricted | funds | ||||
| General fund | 271,181 | (312,073) | (6,201) | (47,093) | |
| TOTAL FUNDS | 271,181 | (312,073) | (6,201) | (47,093) | |
| (Loss) | Movement | ||||
| Income | Expenditure | investment | in funds | ||
| 2021/22 | 8 | ||||
| Unrestricted | funds | ||||
| General fund | 244,197 | (324,174) | (16,002) | (95,979) | |
| TOTAL FUNDS | 244,197 | (324,174) | (16,002) | (95,979) |
| Net | |||||
|---|---|---|---|---|---|
| movement | |||||
| At 30.920 | in funds | At30.9.21 | |||
| 8 | |||||
| Unrestricted funds |
|||||
| General fund | 693,977 | (47,093) | 646,884 | ||
| Restricted funds | |||||
| Mabel Clarisse Warburton | general fund | 556,186 | 556,186 | ||
| Mabel Clarisse Warburton Miss Durell Legacy |
restricted | fund | 18,900 35,000 |
18,900 35,000 |
|
| TOTAL FUNDS | 1,304,063 | (47,093) | 1,256,970 | ||
| Net | |||||
| movement | |||||
| At30.921 | in funds | At30.9.22 | |||
| g | |||||
| Unrestricted funds |
|||||
| General fund | 646,884 | (95,979) | 550,905 | ||
| Restricted funds | |||||
| Mabel Clarisse Warbmtou | general fund | 556,186 | 556,186 | ||
| Mabel Clarisse Warburton Miss Durell Legacy |
restricted | fund | 18,900 35,000 |
18,900 35,000 |
|
| TOTAL FUNDS | 1,256,970 | (95,979) | 1,160,991 |
| 12.PRIOR Y | EARSTATE | MENT O | FFINANCIAL | ~S | |||
|---|---|---|---|---|---|---|---|
| Restricted | 30.9.21 | 30.920 | |||||
| Unrestricted | Restricted | funds | Total | Total | |||
| funds | funds | (Donation) | funds | funds | |||
| Notes | 8 | ||||||
| INCOME AND | |||||||
| ENDOWMENT | FROM: | ||||||
| Charitable activities |
|||||||
| Supported living Furlough grant receivable Investment income |
2 | 266,527 1,465 3,189 |
266,527 1,465 3,189 |
365,177 1,791 3,591 |
|||
| Total income | 271,181 | 271,181 | 370,559 | ||||
| EXPENDITURE | ON: | ||||||
| Charitable activities |
|||||||
| Supported living Governance costs |
296,094 15,979 |
296,094 15,979 |
313,092 14,493 |
||||
| Total expenditure | 312,073 | 312,073 | 327,585 | ||||
| Net (losses)/gains | on | ||||||
| investments | (6,201) | (6,201) | (55) | ||||
| Net iacome before gains ds | |||||||
| losses | (47,093) | (47,093) | 42,919 | ||||
| NKT MOVEMENT IN | |||||||
| FUNDS | |||||||
| (47,093) | (47,093) | 42,919 | |||||
| RECONCILATION 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 | 1456,970 | 1304,063 |