2022-03-31-accounts - Bryony House Limited

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Trustees		Mr A Shrimpton
		Mr J Surtees
		Mr D Hall
		Mr M Reynolds
		Mrs L I Fuller
		Mr R LJ Lawson
		Mrs R Hay
Charity number		222915
Company	number	00551609
Registered	office	Bryony Road
		Selly Oak
		Birmingham
		West Midlands
		B294BX
Auditor		Ormerod Rutter		Limited
		The Oakley
		Kidderminster	Road
		Droitwich
		Worcestershire
		WR9 9AY
Bankers		Lloyds Bank Pic
		142 Edgbastion		Park Road
		Edgbaston
		Birmingham
		West Midlands
		B152TY
Investment	advisors	EFG Harris Allday
		33Great Charles		Street
		Birmingham
		B33JN
		United Kingdom

		Page
Trustees' report		1-4
Independent auditor's	report	5-7
Statement offinancial	activities	8-9
Balance sheet		10-11
Statement ofcash flows		12
Notes to the financial	statements	13-26

Current financial year
			Unrestricted	Designated	Restricted	Total	Total
			funds	funds	funds
		Notes	2022	2022	2022 E	2022f	2021
Income from:
Donations and legacies		3	79,151		1,000	80,151	84,830
Charitable activities		4	1,156,814			1,156,814	1,041,960
Investments		5		28,098	2,850	30,948	28,965
Total income			1,235,965	28,098	3,850	1,267,913	1,155,755
Ex enditure on:
Raising funds			478			478
Analysis ofexpenditure activities	on	charitable 6	1,172,946		70,735	1,243,681	1,153,257
Total resources expended			1,173,424		70,735	1,244,159	1,153,257
Net income/(expenditure)		for the year/
Net incoming/(outgoing)		resources	62,541	28,098	(66,885)	23,754	2,498
Other recognised gains and losses
Other gains or losses		11		55,422	4,077	59,499	125,714
Net movement in funds			62,541	83,520	(62,808)	83,253	128,212
Fund balances at 1 April	2021		1,053,571	675,198	144,069	1,872,838	1,744,626
Fund balances at 31 March 2022			1,116,112	758,718	81,261	1,956,091	1,872,838

Prior financial year
						Unrestricted	Designated	Restricted	Total
						funds	funds	funds
						2021	2021	2021	2021
					Notes
Income from:
Donations and legacies						82,830		2,000	84,830
Charitable activities						1,041,960			1,041,960
Investments							26,514	2,451	28,965
Total income						1,124,790	26,514	4,451	1,155,755
Ex enditure on:
Analysis ofexpenditure	on		charitable	activities	6	1,104,133		49,124	1,153,257
Total resources expended						1,104,133		49,124	1,153,257
Gross transfers between		funds				(48,271)		48,271
Nei income/(expenditure)			for the year/
Net incoming/(outgoing)			resources			(27,6'l 4)	26,514	3,598	2,498
Other recognised gains		and losses
Other gains or losses							114,015	11,699	125,714
Net movement in funds						(27,614)	140,529	15,297	128,212
Fund balances at 1 April		2020				1,081,185	534,669	128,772	1,744,626
Fund balances at 31 March 2021						1,053,571	675,198	144,069	1,872,838

						2022		2021
					Notes			F
Fixed assets
Tangible assets					12		1,090,928		1,110,977
Investments					13		779,576		738,756
							1,870,504		1,849,733
Current assets
Stocks					14	4,474		2,989
Debtors					'l5	34,644		39,013
Cash at bank and		in	hand			131,094		59,198
						170,212		101,200
Creditors:	amounts		falling due within
one year						(84,625)		(78,095)
Net current	assets						85,587		23,105
Total assets less		current		liabilities			1,956,091		1,872,838
Income funds
Restricted	funds						81,261		144,069
Unrestricted	funds
Designated	funds				20	758,718		675,198
General unrestricted			funds			1,116,112		1,053,571
							1,874,830		1,728,769
							1,956,091		1,872,838

					2022		2021
				Notes
Cash flows from operating		activities
Cash generated from operations				25		49,482		36,177
Investing	activities
Purchase	oftangible fixed assets				(27,213)		(18,349)
Purchase	of investments						(24,803)
Proceeds	on disposal of investments				18,679
Investment	income received				30,948		28,967
Net cash	generated from/(used		in)
investing	activities					22,414		(14,185)
Net cash	used in financing	activities
Net increase in cash and cash			equivalents			71,896		2'I,992
Cash and	cash equivalents	at beginning		ofyear		59,198		37,206
Cash and	cash equivalents	at end of		year		131,094		59,198

		2022	2021
			f
Fee	income	1,156,814	1,041,960

		Designated	Restricted	Total	Designated	Restricted	Total
		funds	funds		funds	funds
		2022	2022		2021	2021	2021
						E	E
Listed investments
(including investment	common funds)	28,098	2,850	30,948	26,514	2,451	28,965

			2022	2021
Residential costs
Staff related costs			799,346	774,675
Provisions			55,100	50,219
Household	requisites	and utensils	34,099	33,941
Activities			4,613	13,730
Residents'	subsidy		64,217	48,271
			957,375	920,836
Share ofsupport costs (see note 7)			282,106	228,341
Share ofgovernance		costs (see note 7)	4,200	4,080
			1,243,681	1,153,257
Analysis	by fund
Unrestricted funds			1,172,946	1,104,133
Restricted	funds		70,735	49,124
			1,243,681	1,153,257

Support co	sts
		Support	Governance	2022	Support	Governance	2021
		costs	costs		costs	costs
Staff related	costs	56,013		56,013	52,519		52,519
Depreciation		47,261		47,261	41,819		41,819
Lighting and	heating	29,511		29,511	36,153		36,153
Rent, rates	and
insurance		26,707		26,707	22,138		22,138
Repairs		61,746		61,746	34,597		34,597
Gardening		8,997		8,997	904		904
Registration	fee	5,024		5,024	5,023		5,023
Professional	fees	5,828		5,828	6,950		6,950
Telephone		4,554		4,554	2,256		2,256
Office and sundry
expenses		36,195		36,195	25,771		25,771
Bank charges		270		270	211		211
Auditor's remuneration			4,200	4,200		4,080	4,080
		282,106	4,200	286,306	228,341	4,080	232,421
Analysed between
Charitable activities		282,106	4,200	286,306	228,341	4,080	232,421

The analysis ofauditor's remuneration	The analysis ofauditor's remuneration	is as follows:
Fees payable to the auditor's	and	associates:	2022	2021
Audit ofthe annual accounts			4,200	4,080
Non-audit services
All other non-audit services			2,931	2,910

The average	monthly number ofemployees (excludin	g directors) during the year was
		2022	2021
		Number	Number
Administration		2	3
Care		24	23
General and	domestic	17	16
		43	42
Employment	costs	2022	2021
			F
Wages and salaries Social security costs		789,734 46,427	772,785 40,614
Other pension costs		19,198	13,795
		855,359	827,194

Other gai	ns or losses
		Designated	Restricted	Total	Designated	Restricted	Total
		funds	funds		funds	funds
		2022	2022f	2022 f	2021	2021	2021
Realised	and unrealised
investment gains	(losses)l	55,422	4,077	59,499	114,015	11,699	125,714

Tangible fixed assets	Tangible fixed assets
			Improvements	Furniture,	Total
			to long	furnishings &
			leasehold	equipment
			premises
Cost
At 1 April 2021			1,661,491	230,443	1,891,934
Additions				27,213	27,213
At 31 March	2022		1,661,491	257,656	1,919,147
Depreciation	and impairment
At 1 April 2021			581,107	199,850	780,957
Depreciation	charged	in the year	33,978	13,284	47,262
At 31 March	2022		615,085	213,134	828,219
Carrying amount
At 31 March	2022		1,046,406	44,522	1,090,928
At 31 March	2021		1,080,384	30,593	1,110,977

Fixed asset investments
	Listed	Common	Total
	investments	investment
		funds
Cost or valuation
At 1 April 2021	649,623	89,133	738,756
Valuation changes	52,881	6,618	59,499
Reclassification	(9,813)	9,813
Disposals		(18,680)	(18,680)
At 31 March 2022	692,691	86,884	779,575
Carrying amount
At 31 March 2022	692,691	86,884	779,575
At 31 March 2021	649,623	89,133	738,756

Fixed asset investments				(Continued)
Analysis of investment	portfolio			2022
Representing over 5%ofthe portfolio value
M8 G Securities Limited Charifund			Income Units	86,884
Dunedin Income Growth	Inv Trust		pic Ord 25p	56,625
Merchants Trust pic Ord	25p			58,733
Murray Income Trust pic	Ord 25p			57,590
International Public Partnership		Ord shares		56,441
Brunner Investment Trust				40,600
				356,873
Investments less than 5%of the			portfolio value
AXA Framington				14,085
City Merchants High Yield Trust				28,440
Invesco Fund Managers	Ltd Corporate Bond			13,398
Twentyfour Sel Monthly Income		Fund		11,570
Downing Ren 8 Infra Trust				16,050
HICL Infrastructure				35,600
Renewables Infrastructure				23,112
Sequaio Economic Infra	Income	Fund		3,304
City of London Investment	Trust			22,880
Edinburgh Investment Trust				17,118
Avi Global Trust				19,960
BNY Mellon Global Inc				20,893
F8C Investment Trust				17,380
Henderson Intl Trust				31,770
J P Morgan Global Growth 8 Income				35,475
Threadneedle Global Eq	Inc			30,222
Troy Trojan Global				15,332
Aberdeen Diversified Inc	8 Growth		Trust	8,424
Roy Ldn Cis Sust Divers	Trust			19,409
Schroders Real Estate				13,872
BMO Commerical Property Trust				13,848
Tritax Eurobox				10,560
				422,702
Total market value ofinvestments				779,575
All investments are registered in		the UK.

14	Stocks
						2022	2021
						F	F
	Provisions and		consumables			4,474	2,989
15	Debtors
						2022	2021
	Amounts falling due			within one year:
	Trade debtors					13,299	16,903
	Prepayments	and accrued income				21,345	22,110
						34,644	39,013
16	Creditors: amounts			falling due within one year
						2022	2021
					Notes		F
	Other taxation		and social security			10,572	9,735
	Deferred income				17		38,665
	Trade creditors					24,045	22,141
	Other creditors					45,808	3,474
	Accruals and	deferred		income		4,200	4,080
						84,625	78,095
17	Deferred income
						2022	2021
							F
	Arising from Grants						38,665

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			Movement	in funds		Movement	in funds
	1	Balance at April 2020	Incoming resources	Revaluations, gains and losses	Balance at 1 April 2021	Incoming resources	Revaluations, Balance at gains and 31 March 2022 losses
					f		f	F
Cyclical
Maintenance
Fund		534,669	26,514	114,015	675,198	28,098	55,422	758,718
		534,669	26,514	114,015	675,198	28,098	55,422	758,718

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Operating lease	com	mitments
At the reporting	end	date the	charity	had outstanding		commitments	for future	minimum lease	payments
under non-cancellable		operating	leases, which		fall due	as follows:
								2022	2021
									F
Within one year								2,660	2,660
Between two and	five	years						4,399	6,913
In over five years								3,625	3,770
								10,684	13,343

	Lease payment recognised as	Lease payment recognised as	an expense	in 2022 totalled E2„479(2021:E2,660).
23	Capital commitments				2022	2021
	At 31 March 2022 the	charity had capital commitments		as follows:
	Contracted for but not	provided	in the financial statements:
	Acquisition of property,	plant and equipment			70,333
24	Related party transactions

25	Cash generated from	Cash generated from	operations	operations				2022	2021
									F
	Surplus for the year							23,754	2,498
	Adjustments for:
	Investment income	recognised		in statement		offinancial	activities	(30,948)	(28,965)
	Depreciation and impairment oftangible				fixed assets			47,261	41,819
	Movements in working		capital:
	(increase)/decrease	in	stocks					(1,485)	'1,549
	Decrease/(increase)	in	debtors					4,369	(11,082)
	Increase/(decrease)	in	creditors					45,196	(8,307)
	(Decrease)/increase	in	deferred	income				(38,665)	38,665
	Cash generated from		operations					49,482	36,177
26	Analysis ofchanges		in net funds
	The charity had no	debt during		the year.