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2021-03-31-accounts
|
Page |
Page |
| ReferenceandAdministrativeDetails |
1 |
|
| ReportoftheTrustees |
2to |
9 |
| ReportoftheIndependentAuditors |
10to |
12 |
| StatementofFinancialActivities |
13 |
|
| BalanceSheet |
14 |
|
| CashFlowStatement |
15 |
|
| NotestotheCashFlowStatement |
18 |
|
| NotestotheFinancialStatements |
17to |
28 |
|
|
|
|
2021 |
2020 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| INCOMEANDENDOWMENTSFROM |
|
|
|
|
|
| Donationsandlegacies |
2 |
377,049 |
|
377,049 |
497 |
| Charitableactivities |
4 |
|
|
|
|
| Residentialcare |
|
4,781,847 |
|
4,791,847 |
5,745,215 |
| Investmentincome |
|
118,349 |
|
118,349 |
138,180 |
| Otherincome |
|
120,82? |
|
120,827 |
|
| Total |
|
5,408,072 |
|
5,408,072 |
5,881,892 |
| EXPENDITUREON |
|
|
|
|
|
| Charitableactivities |
|
|
|
|
|
| Residentialcare |
|
5,167,278 |
|
5.167,278 |
5,344,479 |
| Netgains/(iosses)oninvestments |
|
(436,070) |
|
(436,070) |
- |
| NETINCOME/(EXPENDITURE) |
|
(195,276) |
|
(195,276) |
537,413 |
| RECONCILIATIONOFFUNDS |
|
|
|
|
|
| Totalfundsbroughtforward |
|
9,858,581 |
|
9,858.581 |
9,321,168 |
| TOTALFUNDSCARRIEDFORWARD |
|
9,663,305 |
|
9.663,305 |
9,858,581 |
|
|
2021 |
2020 |
|
Notes |
£ |
£ |
| FIXEDASSETS |
|
|
|
| Tangibleassets |
11 |
10,186,570 |
10,101,717 |
| Investmentproperty |
12 |
1,000,000 |
1,438,070 |
|
|
11,186,570 |
11,537,787 |
| CURRENTASSETS |
|
|
|
| Debtors |
13 |
204,230 |
133,238 |
| Cashatbankandinhand |
|
1,752,944 |
1,781,009 |
|
|
1,957,174 |
1,914,245 |
| CREDITORS |
|
|
|
| Amountsfallingduewithinoneyear |
14 |
(586,597) |
(501,924) |
| NETCURRENTASSETS |
|
1,370,577 |
1,412,321 |
| TOTALASSETSLESSCURRENT |
|
|
|
| LIABILITIES |
|
12,557,147 |
12,950,103 |
| CREDITORS |
|
|
|
| Amountsfallingdueaftermorethanoneyear15 |
|
(2,893,842) |
(3,091,52?) |
| NETASSETS |
|
9,663,305 |
9,858,581 |
| FUNDS |
19 |
|
|
| Unrestrictedfunds |
|
9,663,305 |
9,858,581 |
| TOTALFUNDS |
|
9,663,305 |
9,858,581 |
|
|
2021 |
2020 |
|
Notes |
£ |
£ |
| Cashflowsfromoperatingactivities |
|
|
|
| Cashgenerated fromoperations |
1 |
410,321 |
870,572 |
| Netcashprovidedbyoperatingactivities |
|
410,321 |
870,572 |
| Cashflowsfrominvestingactivities |
|
|
|
| Purchaseoftangiblefixedassets |
|
(250,876) |
(47,579) |
| Interestreceived |
|
9,975 |
14,785 |
| Netcashusedininvestingactivities |
|
(240,701) |
(32,794) |
| Cashflowsfromfinancingactivities |
|
|
|
| Loanrepaymentsinyear |
|
(197,885) |
(197,884) |
| Netcashusedinfinancingactivities |
|
(197,685) |
(197,684) |
| Changeincashandcashequivalents |
|
|
|
| inthe reportingperiod |
|
(28,065) |
440,094 |
| Cashandcashequivalentsatthe |
|
|
|
| beginningofthe reportingperiod |
|
1,781,009 |
1,340,915 |
| Cashandcashequivalentsattheend |
|
|
|
| ofthe reportingperiod |
|
1,752,944 |
1,781,009 |
| ACTIVITIES |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Net(expenditurej/incomeforthereportingperiod(asperthe |
|
|
| StatementofFinancialActivities) |
(195,276) |
537,413 |
| Adjustmentsfor: |
|
|
| Depreciation charges |
124.184 |
135,682 |
| Losseson investments |
436,070 |
_ |
| Lossondisposaloffixedassets |
41,640 |
488 |
| Interestreceived |
(9,975) |
(14,785) |
| (lncrease)/decreaseindebtors |
(70,995) |
73,990 |
| lncrease/(decrease)increditors |
84,673 |
(62,216) |
| Netcashprovidedbyoperations |
410,321 |
670.572 |
|
At1.4.20 |
Cashflow |
At31.3.21 |
|
£ |
£ |
£ |
| Netcash |
|
|
|
| CashatbankandInhand |
1,781,009 |
(28,065) |
1,752,944 |
|
1,781,009 |
(28,065) |
1,752,944 |
| Debt |
|
|
|
| Debtsfallingduewithin1 year |
(197,684) |
|
(197,684) |
| Debtsfallingdueafter1 year |
(3,091,527) |
197,685 |
(2,893,842) |
|
(3,289,211) |
197,685 |
(3,091,526) |
| Total |
(1,508,202) |
169,620 |
(1,338,582) |
| DONATIONSANDLEGACIES |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Donations |
3,277 |
497 |
| Grants |
373,772 |
- |
|
377,048 |
497 |
| Grantsreceived,includedintheabove,areasfollows; |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Governmentgrants |
373,772 |
|
|
INVESTMENTINCOME |
|
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
£ |
£ |
|
Rents received |
|
|
108,374 |
121,395 |
|
Depositaccount interest |
|
|
9,975 |
14,785 |
|
|
|
|
118,349 |
136,180 |
| 4, |
INCOMEFROMCHARITABLEACTIVITIES |
|
|
|
|
|
|
|
|
2021 |
2020 |
|
|
Activity |
|
£ |
£ |
|
Feesfromresidents |
Residentialcare |
|
4,731,847 |
5,745,215 |
| 5. |
CHARITABLEACTIVITIESCOSTS |
|
|
|
|
|
|
|
Direct |
Support |
|
|
|
|
Costs(see |
costs(see |
|
|
|
|
note6} |
note7) |
Totals |
|
|
|
£ |
£ |
£ |
|
Residentialcare |
|
4,830,972 |
538,306 |
5,187,278 |
| 8, |
DIRECTCOSTSOFCHARITABLEACTIVITIES |
|
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
|
£ |
£ |
|
Staffcosts |
|
|
3,475,133 |
3,446,997 |
|
Ratesandwater |
|
|
47,165 |
41,597 |
|
Insurance |
|
|
39,722 |
39.443 |
|
Lightandheat |
|
|
122,317 |
135,861 |
|
Telephone |
|
|
12,143 |
13,344 |
|
Postageandstationery |
|
|
11,452 |
13,508 |
|
Advertising |
|
|
25,151 |
16,092 |
|
Sundries |
|
|
29,184 |
17,826 |
|
Food |
|
|
217,843 |
262,426 |
|
China,utensils,linen |
|
|
4,546 |
10,880 |
|
Employmentagency |
|
|
15,100 |
188,374 |
|
Repairsandmaintenance |
|
|
282,633 |
266,357 |
|
Gardening |
|
|
44,485 |
46,683 |
|
Cleaningandwastedisposal |
|
|
108,326 |
88,688 |
|
Travellingandsubsistence |
|
|
2,836 |
4,628 |
|
Legalandprofessional |
|
|
12,883 |
10,078 |
|
Registrationfees |
|
|
24,510 |
24,775 |
|
Training |
|
|
1,156 |
5,895 |
|
Occupationaltherapy |
|
|
9,084 |
25,736 |
|
Depreciation |
|
|
123,683 |
134,478 |
|
Lossonsaleofassets |
|
|
41,640 |
488 |
|
|
|
|
4,630,972 |
4,769,732 |
| 7. |
SUPPORTCOSTS |
|
|
|
|
|
Management |
Finance |
Totals |
|
|
£ |
£ |
£ |
|
Residentialcare |
530,54® |
5,760 |
538,308 |
|
Supportcosts,includedintheabove,areasfollows: |
|
|
|
|
Management |
|
|
|
|
|
|
2021 |
2020 |
|
|
|
Residential |
Total |
|
|
|
care |
activities |
|
|
|
£ |
£ |
|
Wages |
|
322,688 |
320,848 |
|
Socialsecurity |
|
33,263 |
33,271 |
|
Pensions |
|
24,634 |
23,859 |
|
Propertyexpenses |
|
30,900 |
24,308 |
|
Motorandtravellingcosts |
|
5,358 |
18,751 |
|
Legalandprofessionalfees |
|
2,586 |
9,041 |
|
Communicationsandinformation |
|
|
|
|
technology |
|
8,482 |
9,637 |
|
Officeexpenses |
|
2,901 |
24,123 |
|
Bankchargesandinterest |
|
99,273 |
103,708 |
|
Depreciation |
|
501 |
1,204 |
|
|
|
530,546 |
588,746 |
|
Finance |
|
|
|
|
|
|
2021 |
2020 |
|
|
|
Residential |
Total |
|
|
|
care |
activities |
|
|
|
£ |
£ |
|
Auditfee |
|
5,760 |
5,640 |
|
Trusteesmeetingcosts |
|
- |
2,361 |
|
|
|
5,760 |
8,001 |
| 8. |
NETlNCOME/(EXPENDITURE) |
|
|
|
|
Netincome/(expenditure)isstatedaftercharging/{crediting): |
|
|
|
|
|
|
2021 |
2020 |
|
|
|
£ |
£ |
|
Depreciation- ownedassets |
|
124,184 |
135,682 |
|
Deficitondisposaloffixedassets |
|
41,640 |
488 |
|
Amountspaidtokeymanagement |
|
110,824 |
102,728 |
|
Auditorsfees |
|
8,780 |
5,840 |
| STAFFCOSTS |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Wagesandsalaries |
3,530,461 |
3,502,873 |
| Socialsecuritycosts |
239,645 |
236,836 |
| Otherpensioncosts |
85,812 |
85,484 |
|
3,855,718 |
3,824,973 |
|
2021 |
2020 |
| Residential |
203 |
193 |
| Centralmanagementandadministration |
8 |
8 |
|
211 |
208 |
|
|
2021 |
2020 |
| £80,001 |
-£70,000 |
1 |
1 |
| 11. |
TANGIBLEFIXEDASSETS |
|
|
|
|
|
|
|
Fixtures |
|
|
|
|
Freehold |
and |
Computer |
|
|
|
property |
fittings |
equipment |
Totals |
|
|
£ |
£ |
£ |
£ |
|
COST |
|
|
|
|
|
At1April2020 |
10,135,98? |
1,166,75? |
74,668 |
11,377,412 |
|
Additions |
219,246 |
31,430 |
|
250,676 |
|
Disposals |
|
(304,382) |
(15,831) |
(320,313) |
|
At31March2021 |
10,355,233 |
893,805 |
58,737 |
11,307,775 |
|
DEPRECIATION |
|
|
|
|
|
At1April2020 |
401,995 |
800,682 |
73,018 |
1,275,695 |
|
Chargeforyear |
|
123,032 |
1,152 |
124,184 |
|
Eliminatedondisposal |
|
(283,241) |
(15,433) |
(278,674) |
|
At31March2021 |
401,995 |
680,473 |
58,73? |
1,121,205 |
|
NETBOOKVALUE |
|
|
|
|
|
At31March2021 |
9,953,238 |
233,332 |
- |
10,186,570 |
|
At31March2020 |
9,733,992 |
386,075 |
1,850 |
10,101,717 |
| 12. |
INVESTMENTPROPERTY |
|
|
|
|
|
FAIRVALUE |
|
|
|
|
|
At1April2020 |
|
|
|
1,436,070 |
|
Revaluation |
|
|
|
(436,070) |
|
At31March2021 |
|
|
|
1,000,000 |
|
NETBOOKVALUE |
|
|
|
|
|
At31March2021 |
|
|
|
1,000,000 |
|
At31March2020 |
|
|
|
1,436,070 |
|
2021 |
2020 |
|
£ |
£ |
| Tradedebtors |
26,002 |
91,467 |
| Prepaymentsandaccruedincome |
178,228 |
41,789 |
|
204,23© |
133,236 |
| EOTHENHOMESLIMITED |
EOTHENHOMESLIMITED |
|
|
| NOTESTOTHEFINANCIALSTATEMENTS-continued |
|
|
|
| FOR |
THEYEARENDED31MARCH2021 |
|
|
| 14. |
CREDITORS;AMOUNTSFALLINGDUEWITHINONEYEAR |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Bankloansaridoverdrafts(seenote18) |
197,884 |
137,684 |
|
Tradecreditors |
62.247 |
60,772 |
|
Socialsecurityandotherfaxes |
44.248 |
48,372 |
|
Othercreditors |
8,930 |
14,470 |
|
Accruedexpenses |
273,488 |
180,828 |
|
|
586,59? |
501,924 |
| 15, |
CREDITORS:AMOUNTSFALLINGDUEAFTERMORETHANONE |
YEAR |
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Bankloans(seenote16) |
2,893,842 |
3,091,527 |
| 16, |
LOANS |
|
|
|
Ananalysisofthematurityofloansisgivenbelow: |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Amountsfallingduewithinoneyearondemand: |
|
|
|
Bankloans |
197,884 |
197,884 |
|
Amountsfallingbetweenoneandtwoyears: |
|
|
|
Bankloans-1-2years |
197,684 |
197,884 |
|
Amountsfallingduebetweentwoandfiveyears: |
|
|
|
Bankloans-2-5years |
593,053 |
593,053 |
|
Amountsfallingdueinmorethanfiveyears: |
|
|
|
Repayablebyinstalments: |
|
|
|
Bankloansmore5yrbyinstal |
2,103,105 |
2,300,790 |
| 1T, |
SECUREDDEBTS |
|
|
|
Thefollowingsecureddebtsareincludedwithincreditors: |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Bankloans |
3,091.526 |
3,289,211 |
|
Securityisgivenintheformofachargeovertheland atWallsend. |
|
|
|
|
|
2021 |
2020 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
£ |
£ |
£ |
£ |
| Fixedassets |
10,186,570 |
. |
10.186,570 |
10,101,717 |
| Investments |
1,000,000 |
. |
1,000,000 |
1,438,070 |
| Currentassets |
1,957,174 |
. |
1,957,174 |
1,914,245 |
| Currentliabilities |
(588,597) |
|
(586,597) |
(501,924) |
| Longtermliabilities |
(2,893,842) |
. |
(2,893,842) |
(3,091,527) |
|
9,683,305 |
. |
9,683,305 |
9,858,581 |
| MOVEMENTINFUNDS |
|
|
|
|
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At1.4.20 |
infunds |
funds |
31.3.21 |
|
£ |
£ |
£ |
£ |
| Unrestrictedfunds |
|
|
|
|
| Generalfund |
1,147,044 |
219,352 |
(380,129) |
986,257 |
| Plannedmaintenance |
484,961 |
21,442 |
37,592 |
803,995 |
| Revaluationfund |
1,328,345 |
(436,070) |
. |
892,275 |
| CapitalFund |
6,898,231 |
• |
282,537 |
7,180,788 |
|
9,858,581 |
(135,278) |
. |
9,683,305 |
| TOTALFUNDS |
9,858,581 |
(195,278) |
- |
9,663,305 |
|
Incoming |
Resources |
Gainsand |
Movement |
|
resources |
expended |
losses |
infunds |
|
£ |
£ |
£ |
£ |
| Unrestrictedfunds |
|
|
|
|
| Generalfund |
5,287,245 |
(5,087,893) |
. |
219,352 |
| Plannedmaintenance |
120,827 |
(91,385) |
. |
21,442 |
| Revaluationfund |
- |
- |
(436,070) |
(438,070) |
|
5,408,072 |
(8,167,278) |
(436,070) |
(1§5,276) |
| TOTALFUNDS |
5,408,072 |
(5,187,278) |
(436,070) |
(195,276) |
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At1.4,19 |
infunds |
funds |
31.3.20 |
|
£ |
£ |
£ |
£ |
| Unrestrictedfunds |
|
|
|
|
| Generalfund |
758,109 |
612,808 |
(223,873) |
1,147,044 |
| Plannedmaintenance |
445,576 |
(75,395) |
114,780 |
484,961 |
| Revaluationfund |
1,328.345 |
. |
|
1,328,345 |
| CapitalFund |
6,789,138 |
- |
109,093 |
6,898,231 |
|
9,321,168 |
537,413 |
. |
9,858,581 |
| TOTALFUNDS |
9,321,168 |
537,413 |
- |
9,858,581 |
|
Incoming |
Resources |
Movement |
|
resources |
expended |
infunds |
|
£ |
£ |
£ |
| Unrestrictedfunds |
|
|
|
| Generalfund |
5,881,892 |
(5,289.084) |
612,808 |
| Plannedmaintenance |
|
(75,395) |
(75,395) |
|
5,881,892 |
(5,344,479) |
537,413 |
| TOTALFUNDS |
5,881,892 |
(5,344,479) |
537,413 |