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|Trustees||Mr
I D Thomson||||
|---|---|---|---|---|---|
|||Professor AThomas||||
|||Dr A Van Den Bos||||
|||Dr S Mishreki||||
|||Mr A Mcllhinney||||
|||DrA Shepherd||||
|||Ms M Erny||||
|||Ms L Marsh||||
|Chief Executive||Mrs J M Hearl||||
|Company|Secretary|Mrs BWilson||||
|Charity number||223262||||
|Company|number|00482334||||
|Registered|office|15 Berrymoor Court||||
|||Northumberland|Business||Park|
|||Cramlington||||
|||Northumberland||||
|||England||||
|||NE23 7RZ||||
|Auditor||Robson Laidler Accountants|||Limited|
|||Fernwood
House||||
|||Fernwood
Road||||
|||Jesmond||||
|||Newcastle
Upon|Tyne|||
|||Tyne and Wear||||
|||England||||
|||NE2 1TJ||||
|Bankers||Barclays Bank Pic||||
|||Wingrove
Newcastle||West|Group|
|||Newcastle
upon|Tyne|||
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|||Page|
|---|---|---|
|Trustees'
report||1-8|
|Independent
auditor's|report|9 - 11|
|Statement
offinancial|activities|12|
|Balance sheet||13|
|Statement
ofcash flows|||
|Notes to the financial|statements|15-23|
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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2023|2022|
|||||Notes||F|
|Income and endowments|||from.||||
|Donations
and legacies||||2|11,449|244,659|
|Charitable
activities|||||||
|Residential
care|fees|||3|5,387,772|4,785,258|
|Investments||||4|23,467|60,512|
|Other income||||5||1,291,562|
|Total income|||||5,422,688|6,381,991|
|~Edit|||||||
|Charitable
activities|||||||
|Residential
care||||6|4,775,580|4,400,618|
|Total charitable|expenditure||||4,775,580|4,400,618|
|Net gains/(losses)||on investments|||(26,098)||
|Net movement|in|funds|||621,010|1,981,373|
|Fund balances at 1 April 2022|||||11,644,678|9,663,305|
|Fund balances|at|31 March 2023|||12,265,688|11,644,678|
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|||||2023|2022|
|---|---|---|---|---|---|
||||Notes||E|
|Fixed assets||||||
|Tangible assets|||11|8,580,131|8,638,382|
|Investments|||12|1,913,002||
|||||10,493,133|8,638,382|
|Current assets||||||
|Debtors|||13|67,546|104,680|
|Cash at bank and in||hand||2,053,524|3,230,711|
|||||2,121,070|3,335,391|
|Creditors:|amounts|falling due within||||
|one year|||14|(348,515)|(329,095)|
|Net current|assets|||1,772,555|3,006,296|
|Total assets less current liabilities||||12,265,688|11,644,678|
|Income funds||||||
|Unrestricted|funds -|eneral||||
|Designated|funds||15|9,004,379|9,033,603|
|General
unrestricted||funds||3,261,309|2,611,075|
|||||12,265,688|11,644,678|
|||||12,265,688|11,644,678|
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|||||||2023|2022||
|---|---|---|---|---|---|---|---|---|
||||||Notes||||
|Cash flows from operating||activities|||||||
|Cash generated
from operations|||||20|767,156||778,078|
|Investing|activities||||||||
|Purchase|oftangible
fixed assets|||||(29,499)|(47,367)||
|Proceeds|from disposal oftangible|||fixed|||||
|assets||||||789|2,778,070||
|Proceeds|from disposal ofinvestment||||||||
|property|||||||1,000,000||
|Purchase|of other investments|||||(1,939,100)|||
|Investment|income received|||||23,467|60,512||
|Net cash|(used in)/generated||from||||||
|investing|activities|||||(1,944,343)||3,791,215|
|Financing|activities||||||||
|Repayment|of bank loans||||||(3,091,526)||
|Net cash|used
in financing|activities||||||(3,091,526)|
|Net (decrease)/increase
in||cash||and cash|||||
|equivalents||||||(1,177,187)||1,477,767|
|Cash and|cash equivalents|at beginning|||ofyear|3,230,711||1,752,944|
|Cash and|cash equivalents|at|end of||year|2,053,524||3,230,711|
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|Donations|and gifts|
|---|---|
|Government|grants|
|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|general|general|
|2023|2022|
|f|f|
|2,400|31,008|
|9,049|213,651|
|11,449|244,659|
|Residential|Residential|
|care fees|care fees|
|2023|2022|
|f|f|
|5,387,772|4,785,258|
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||general|general|
|||2023f|2022f|
|Rental|income||49,457|
|Income|from listed investments|8,407||
|Interest|receivable|15,060|11,055|
|||23,467|60,512|
||||||||Total|Unrestricted|
|---|---|---|---|---|---|---|---|---|
|||||||||funds|
|||||||||general|
|||||||||2022|
|||||||||f|
|Net|gain|on|disposal|oftangible|fixed|assets||1,291,562|
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||||Residential|Residential|
|---|---|---|---|---|
||||care|care|
||||2023|2022|
||||F|E|
|Staff costs|||2,919,405|2,748,621|
|Depreciation|and impairment||86,423|108,500|
|Rates and water|||31,407|29,256|
|Insurance|||72,674|48,230|
|Light and heat|||137,462|101,712|
|Telephone,|stationery|and advertising|43,582|45,464|
|Sundnes|||17,342|17,102|
|Food|||250,934|226,337|
|China, utensils
and linen|||7,349|10,366|
|Employment|agency||258,813|30,182|
|Repairs and|maintenance||318,543|361,848|
|Gardening|||28,234|25,862|
|Cleaning
and waste disposal|||64,335|59,166|
|Training,
travelling
and subsistence|||22,638|11,050|
|Legal and professional|||3,805|1,786|
|Registration|fees||20,347|25,150|
|Occupational|therapy||10,144|6,043|
||||4,293,437|3,856,675|
|Share of support costs (see note 7)|||476,843|537,543|
|Share ofgovernance||costs (see note 7)|5,300|6,400|
||||4,775,580|4,400,618|
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||||Support|Governance|2023|Support|Governance|2022|
|---|---|---|---|---|---|---|---|---|
||||costs|costs||costs|costs||
||||6|6||6|f||
|Staff costs|||404,639||404,639|378,244||378,244|
|Depreciation|||538||538|547||547|
|Property expenses|||38,507||38,507|38,616||38,616|
|Motor and|travelling||||||||
|costs|||10,426||10,426|7,889||7,889|
|Legal and|professional||||||||
|fees|||4,619||4,619|2,593||2,593|
|Communications||and|||||||
|information|||9,081||9,081|10,620||10,620|
|Office expenses|||3,512||3,512|4,645||4,645|
|Bank charges and|||||||||
|interest|||5,521||5,521|94,389||94,389|
|Audit fees||||5,300|5,300||6,400|6,400|
||||476,843|5,300|482,143|537,543|6,400|543,943|
|Analysed|between||||||||
|Charitable|activities||476,843|5,300|482,143|537,543|6,400|543,943|
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||||2023|2022|
|---|---|---|---|---|
||||Number|Number|
|Residential|||146|154|
|Central management||and administration|7|7|
|Total|||153|161|
|Employment|costs||2023|2022|
||||6|6|
|Wages and salaries|||3,013,304|2,861,150|
|Social security costs|||235,352|195,521|
|Other pension|costs||75,388|70,194|
||||3,324,044|3,126,865|
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|The num
were:|ber|of employees
whose
annual
remuneratio|n
was 660,000 or more||
|---|---|---|---|---|
||||2023|2022|
||||Number|Number|
|F70,001|to|F80,000||1|
|F80,001|to|890,000|||
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|Tangible fix|ed asset|s|||||
|---|---|---|---|---|---|---|
||||Freehold
land|Fixtures and|Computers|Total|
||||and buildings|fittings|||
||||6|8|||
|Cost|||||||
|At 1 April 2022|||8,638,198|922,315|61,962|9,622,475|
|Additions||||29,499||29,499|
|Disposals||||(173,997)|(50,022)|(224,019)|
|At 31 March|2023||8,638,198|777,817|11,940|9,427,955|
|Depreciation|and impairment||||||
|At 1 April 2022|||163,293|762,184|58,617|984,094|
|Depreciation|charged|in the year||75,005|538|75,543|
|Eliminated
in|respect|ofdisposals||(164,598)|(47,215)|(211,813)|
|At 31 March|2023||163,293|672,591|11,940|847,824|
|Carrying
amount|||||||
|At 31 March|2023||8,474,905|105,226||8,580,131|
|At 31 March|2022||8,474,905|160,132|3,345|8,638,382|
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|||Listed|
|---|---|---|
|||investments|
|||E|
|Cost or|valuation||
|At 1 April|2022||
|Additions||1,939,100|
|Valuation|changes|(26,098)|
|At 31 March 2023||1,913,002|
|Carrying|amount||
|At 31 March 2023||1,913,002|
|At 31 March 2022|||
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|Debtors|||||
|---|---|---|---|---|
||||2023|2022|
|Amounts
falling due||within one year:|E|E|
|Trade debtors|||22,272|44,302|
|Prepayments|and accrued income||45,274|60,378|
||||67,546|104,680|
|Creditors: amounts||falling due within one year|||
||||2023|2022|
||||E|E.|
|Other taxation|and social security||68,279|47,907|
|Trade creditors|||78,370|61,160|
|Other creditors|||19,702|3,748|
|Accruals
and deferred||income|182,164|216,280|
||||348,515|329,095|
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||||Balance at|Resources|Transfers|Balance at|
|---|---|---|---|---|---|---|
||||1 April 2022|expended|31|March 2023|
||||f|6|6|6|
|Planned|maintenance|fund|395,221|(78,903)|107,930|424,248|
|Capital|fund||8,638,382||(58,251)|8,580,131|
||||9,033,603|(78,903)|49,679|9,004,379|
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|20|Cash generated
from|operations||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||E|E|
||Surplus for the year|||||621,010|1,981,373|
||Adjustments
for:|||||||
||Investment
income recognised
in statement|||offinancial|activities|(23,467)|(60,512)|
||Gain on disposal oftangible
fixed assets||||||(1,291,562)|
||Fair value gains and losses on investments|||||26,098||
||Depreciation
and impairment
oftangible||fixed assets|||86,961|109,047|
||Movements
in working|capital:||||||
||Decrease
in debtors|||||37,134|99,550|
||Increase/(decrease)
in|creditors||||19,420|(59,818)|
||Cash generated
from|operations||||767,156|778,078|
|21|Analysis ofchanges|in net funds||||||
||The charity had no debt during the year.|||||||