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|Legal and administrative||information||1-2|
|Report ofthe|trustees|||3 —11|
|Report ofthe|auditors|||12- 15|
|Consolidated|statement|offinancial|activities|16|
|Consolidated|balance sheet|||17-18|
|Charity balance sheet||||19-20|
|Consolidated|statement|ofcash flows||21|
|Notes torming|part ofthe financial statements|||22- 33|
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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2023|2022|
|Income and endowments||||Notes|||||
|Income
and
endowments|||from||||||
|generated
funds:|||||||||
|Donations and legacies:|||||||||
|Donations and gifts|||||11,696||11,696|7,105|
|Legacies|||||341||341|313,366|
|Annual appeal|||||4,352||4,352|5,813|
|Grants||||||120,631|120,631|51,738|
|Other trading
activities:|||||||||
|Commercial
trading||operations|||908,814||908,814|590,376|
|Rental income|||||22,993||22,993|21,899|
|Investment
income and interest|||||902||902|386|
|Charitable
activities:|||||||||
|Servicestopeoplewithdisabilities||||7|313,035||313,035|263,636|
|Total income and endowments|||||1,262,133|120,631|1,382,764|1,254,319|
|Expenditure|||||||||
|Cast ofgenerating
funds:|||||||||
|Raising funds||||8|79,037||79,037|26,075|
|Charitable
activities||||8|1,254,068|95,281|1,349,349|1,011,643|
|Governance
costs||||8|12620||12,620|I 1,451|
|Total expenditure|||||1,345,725|95,281|1,441,006|1,049, 169|
|Net income/(expenditure)||and|net||(83,592)|25,350|(58,242)|205, 150|
|movement
in funds|||||||||
|Net movement
in funds|||||(83,592)|25,350|(58,242)|205,150|
|Reconciliation
offunds|||||||||
|Fund balances
brought|forward||||1,734,889||1,734,889|1,529,739|
|Fund balances carried forward||||19|1,651,297|25,350|1,676,647|1,734,889|
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||||2023|2022|
|---|---|---|---|---|
|||Notes|||
|FIXED ASSETS|||||
|Investments||11|||
|Tangible assets||12|1,144,275|1,168,891|
||||1,144,275|1,168,891|
|CURRENT ASSETS|||||
|Debtors||13|529,796|554,140|
|Short term investments|||158|155|
|Cash at bank and in hand|||567,594|496,383|
||||1,097,548|1,050,678|
|CREDITORS:|||||
|Amounts
falling due within one year||14|461,843|341,347|
|NET CURRENT ASSETS|||635,705|709,331|
|TOTAL ASSETS LESS CURRENT LIABILITIES|||1,779,980|1,878,222|
|CREDITORS:|||||
|Amounts
falling due after one year|||103,333|143,333|
|NET ASSETS|||1,676,647|1,734,889|
|Income funds|||||
|Restricted
funds||17|25,350||
|Unrestricted
funds:|||||
|Revaluation
reserve|||528,969|541,871|
|Other charitable|funds|18|1,122,328|1,193,018|
||||1,676,647|1,734,889|
##
||||as at 31 M|arch 2023|||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Notes|||
|FIXED ASSETS|||||||
|Investments||||11|100|100|
|Tangible assets||||12|1,144,275|1,168,891|
||||||1,144,375|1,168,991|
|CURRENT ASSETS|||||||
|Debtors||||13|634,381|573,553|
|Short term investments|||||158|155|
|Cash at bank and||in|hand||111,708|163,238|
||||||746,247|736,946|
|CREDITORS: Amounts|||Falling due within one year||106,902|64,112|
|NET CURRENT ASSETS|||||639,345|672,834|
|TOTAL ASSETS LESS CURRENT LIABILITIES|||||1,783,720|1,841,825|
|NET ASSETS|||||1,783,720|1,841,825|
|Income funds|||||||
|Restricted
funds||||17|25,350||
|Unrestricted
funds:|||||||
|Revaluation
reserve|||||528,969|542,681|
|Other charitable|funds|||1B|1,229,401|1,299,144|
||||||1,783,720|1,841,825|
||||||||Disabled
Living|Disabled
Living||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||Statement
of Cash Flows and||||||Consolidated|Statement|of Cash Flows||
|||||||For|the year|ending 31 March 2023||||
||||||||Notes|Group|Group|Charity|Charity|
|||||||||2023|2022|2023|2022|
|||||||||K|K|K||
|Cash used||in operating|activities||||23|119,988|~24,700|~41,832|~250,348|
|Cash flows||from investing||activities||||||||
|Interest Income||||||||902|387|||
|Purchase|of tangible
fixed|||assets||||~9.679|~20,321|~9,679|~20,321|
|Cash provided
by (used|||in) investing|||||(8,777)|(19,934)|(9,679)|(20,321)|
|activities||||||||||||
|Cash flows||from financing||activities||||||||
|Repayment||of borrowing||||||~40,000|~16.667|||
|Cash used||in financing
activities||||||~40.000|~16.667|||
|Increase (decrease)
in cash and
equivalents
in the year|||||cash|||71,211|~61.301|~51.529|~270,669|
|Cash and||cash equivalents||at the||||||||
|beginning||ofthe year.||||||496,383|557,682|163,238|433,907|
|Total cash||and cash equivalents|||at|the||||||
|end ofthe||year||||||567,594|496,383|111,708|163,238|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|Income and||endowments||||473,185|662,804|
|Gift aid from||subsidiary||company||244,722|186,928|
|||||||717,907|849,732|
|Expenditure||on charitable|||activities|(767,348)|(636,642)|
|Governance||costs||||8,664|7,942|
|Net income/(expenditure)||||||(58,105)|205,148|
|Total funds|brought||forward|||1,841,825|1,636,677|
|Total funds|carried||forward|||1,783,720|1,841,825|
|Represented||by:||||||
|Restricted|funds|||||25,350||
|Unrestricted||funds||||1,758,370|1,841,285|
|||||||1,783,720|1,841,285|
##
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|The summary
financial per|forman|ce
o|fthe subs|idiary|alone is:||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||Total|Total|
||||||E|E|
|Turnover|||||908,814|591,126|
|Cost of sales and administration||costs|||(664,994)|(404,584)|
|Interest receivable|||||902|386|
|Corporation
tax charge|||||||
|Net profit|||||244,722|186,928|
|Amount
gift aided to the charity|||||(244,722)|(186,928)|
|Retained
in subsidiary|||||||
|The assets and liabilities of|the subsidiary were:||||||
|Current assets|||||635,452|499,670|
|Current and long term liabilities|||||742,619|606,837|
|Total net assets|||||(107,167)|(107,167)|
|Aggregate
share capital and reserves|||||107,167|107,167|
|The charity's
wholly owned|subsidiary,||Disabled|Living|(Training and Exhibitions)
Limited|commenced|
|trading
on
1 April 2010|||||||
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||4|DONATIONS|DONATIONS|AND LEGACIES|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|2023|2022|
|||Gifts and|donations||11,696||11,696|7,105|
|||Legacies|||341||341|313,366|
|||Annual appeal|||4,352||4,352|5,813|
|||Grants||||120,631|I20,631|51,738|
||||||16,389|120,631|137,020|378,022|
||5|OTHER TRADING ACTIVITIES|||||||
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|2023|2022|
|||Commercial||trading operation|908,814||908,814|590,376|
|||Rental Income|||22,993||22,993|21,899|
||||||931,807||931,807|612,275|
||6|INVESTMENT||INCOME|||||
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|2023|2022|
||||||K|||E|
|||Deposit interest|||902||902|386|
||||||902||902|386|
|7||CHARITABLE ACTIVITIES|||||||
||||||Unrestricted|Restricted|Total|Total|
||||||Funds|Funds|2023|2022|
||||||||E||
|||Disabled|Living Centre||313,035||313,035|263,636|
||||||313,035||313,035|263,636|
##
##
||||Raising|Charitable|Governance|||
|---|---|---|---|---|---|---|---|
|8|EXPENSE TYPE|Allocation|Funds|Activities|Costs|2023|2022|
||Salaries 8,associated cost|Percentage|19,712|627,494|9,856|657,062|609,099|
|||8, Direct||||||
||Utilities 8, other building|Percentage|7,450|72,840|2,484|82,774|70,562|
||costs|||||||
||Phone
8, Fax|Percentage|671|6,560|224|7,455|2,392|
||Post 8,Stationery|Percentage|167|1,635|56|1,858|4,203|
||Sundry|Direct||1,093||1,093|11,697|
||Travel|Direct||5,965||5,965|5,764|
||Volunteer
8,appeal costs|Direct|462|||462|858|
||Income generating|Direct|50,575|537,929||588,504|234,270|
||activities|||||||
||Audit Fees|Direct||I2, 1 I3||12,113|10,600|
||Bank charges and interest|Direct||10,494||10,494|4,644|
||Legal 8, Professional|Direct||25,877||25,877|20,309|
||Advertising|Direct||||||
||Repairs|Direct||13,054||13,054|13.209|
||Depreciation|Direct||34,295||34,295|61,562|
||Corporation
tax|Direct||||||
||||79,037|1,349,349|12,620|1,441,006|1,049,169|
##
|The surplus/(d|eficit)
of in|come over expenditure
is stated aft|er charging:||
|---|---|---|---|---|
||||2023|2022|
|Depreciation|oftangible|fixed assets|||
|—owned by|charity||34,295|61,559|
|Audit fees|||10,313|10,600|
|Non audit services||||1,943|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|Wages and|salaries|||578,638||538,318|
|Social security costs|||||60,193|53,901|
|Other pension costs|||||18,231|16,880|
|||||657,062||609,099|
|The average|weekly number|of staff employed,|calculated|as full time equivalents|during the year were as||
|follows:—|||||||
|he avera
ollows:—|ge
we|ekly number
of staff employed,
cal|culated
as full time equivalents
during|the year we|
|---|---|---|---|---|
||||2023|2022|
||||No.|No.|
|Administration|||15|14|
|Disabled|Living|centre|5|5|
||||20|19|
##
|IXED A|SSET INVESTMENTS|||||
|---|---|---|---|---|---|
|||Group|Group|Charity|Charity|
|||2023|2022|2023|2022|
|Shares|in Group undertakings|||100|100|
|Market|value at 31 March 2023|||100|100|
##
|||2023|2022|
|---|---|---|---|
|||E|E|
|Aggregate|capital and reserves|(107,167)|(107,167)|
|Profit/(Loss)|for the year before tax|244,722|186,928|
##
##
||Freehold|Fixtures,||
|---|---|---|---|
||land and|fittings, and||
|Group and Charity|buildings|equipment|Total|
|||E||
|COST||||
|At
I April 2022|880,000|954,800|1,834,800|
|Additions||9,678|9,678|
|At 31 March 2023|880,000|964,478|1,844,478|
|DEPRECIATION||||
|At
I April 2022|106,400|544,309|665,909|
|Charge for year|15,200|19,093|34,293|
|At 31 March 2023|121,600|578,602|700,202|
|NET BOOK VALUE||||
|At 31 March 2023|758,400|385,875|1,144,275|
|At 31 March 2022|773.600|409,271|1,168.891|
##
|13|Debtors|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
||||||E||E|
||Trade debtors|||180,609|181,366|99,052|97,085|
||Prepayments|and accrued income||168,187|106,170|69,984|23,925|
||Other debtors|||181,000|266,604|181,000|266,604|
||Amount due|from subsidiary||||284,345|185,939|
||undertaking|||||||
|||||529,796|554, 140|634,381|573,553|
|14|Creditors —amounts||falling|Group|Group|Charity|Charity|
||Due within one year|||2023|2022|2023|2022|
|||||E|E|'E|'E|
||Trade creditors|||101,291|98,150|41,795|24,205|
||Other creditors, accruals and|||265,587|165,242|36,313|23,731|
||deferred income|||||||
||Loans|||40,000|40,000|||
||Other taxes and social security costs|||54,965|37,955|28,794|16,176|
|||||461,843|341,347|106,902|64,112|
|15|Creditors —amounts||falling|Group|Group|Charity|Charity|
||Due after one|year||2023|2022|2023|2022|
||Loans|||103,333|143,333|||
|||||103,333|143,333|||
|are held|post|yea|r end or office rent|invoiced
in adv|ance.|||
|---|---|---|---|---|---|---|---|
|||||||Group|Charity|
|||||||E|E|
|Balance|as at|1 April 2022||||135,286||
|Amount|released||to income earned|from charitable|activities|(135,286)||
|Amount|deferred||in year|||161,500||
|Balance|as at|31|March 2023|||161,500||
##
##
|RE|STRICTED FUNDS||||
|---|---|---|---|---|
|||RTAT|Total|Total|
|||Project|2023|2022|
|At|1 April 2022||||
|Incoming resources||120,631|120,631|45,194|
|Resources expended||(95,281)|(95,281)|(45,194)|
|At|31 March 2023|25,350|25,350||
##
##
|Group|||||General|||
|---|---|---|---|---|---|---|---|
||||||funds|2023|2022|
|At
1 April|||||1,193,018|1,193,018|974,966|
|Net incoming|resources for the year||||(83,592)|(83,592)|205.150|
|Transfer from revaluation||reserves|||12,902|12,902|12,902|
|At 31 March|||||1,122,328|1,122,328|1,193,018|
|Charity|||||General|||
||||||funds|2023|2022|
|At
1 April|||||1,299,144|1,299,144|1,093,996|
|Net incoming|resources for the year||||(69,743)|(69,743)|205,148|
|At 31 March|||||1,229,401|1,229,401|1,299,144|
|ANALYSIS OF|NET ASSETS||Restricted|Endowment|Unrestricted|Total||
||||funds|funds|funds|funds|2022|
|Group||||||||
|Tangible
fixed|assets||||1,144,275|1,144,275|1,168,891|
|Investments||||||||
|Current assets|||25,350||1,072,198|1,097,548|1,050,678|
|Current and long term liabilities|||||(565,176)|(565,176)|(484,680)|
|Net assets at 31 March|||25,350||1,651,297|1,676,647|1,734,889|
##
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|23|RECONCILIATION
OF NE|T MOVEMENT|IN|FUNDS TO NET CAS|H FLOW FROM|OPERATING
ACTIV|ITIES|
|---|---|---|---|---|---|---|---|
|||||Group|Group|Charity|Charity|
|||||2023|2022|2023|2022|
|||||||E|E|
||Net movements
in funds|||(58,242)|205,150|(58,105)|18,220|
||Add back depreciation|charge||34,295|61,559|34,295|61,559|
||Add/deduct
interest income shown||in|(902)|(386)|||
||investing
activities|||||||
||Decrease/(increase)
in|debtors||24,298|(424,149)|(60,828)|(335,715)|
||Increase/(decrease)
in creditors
Net cash used
in operating
activities|||120,539
119,988|133,126
24,700|42,813
~41,832|5,588
~250.348|
|24|RECONCILIATION
OF NET DEBT|||At 1"April|Cash|At 31*'March||
|||||2022|Flows|2023||
||||||E|||
||Cash at bank|||496,453|71,141|567,594||
||Loans due within one year
Loans due greater than one year|||(40,000)
~143.333|40,000|(40,000)
~103.333||
|||||313,120|111,141|424,261||