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2022-03-31-accounts

2022 2021
Unrestricted Restricted Total Total
Notes funds funds
f
funds
F
funds
F
INCOME AND ENDOWMENTS
Donations
and legacies
FROM 19,133 48,458 67,591 103,646
Charitable
activities
General Care
Supported
Living
1,227,988
571,303
1,227,988
571,303
1,232,854
405,682
Investment
income
1,150
Total 1,818,426 48,458 1,866,884 1,743,332
EXPENDITURE ON
Charitable
activities
General Care
Supported
Living
Pension Scheme
1,208,648
391,405
24,000
52,430 1,261,078
391,405
24,000
1,258,632
351,818
59,000
Total 1,624,053 52,430 1,676,483 1,669,450
Gains on revaluation
offixed assets
242,593 242,593
NET INCOME/(EXPENDITURE) 436,966 (3,972) 432,994 73,882
Other recognised
gains/(losses)
Actuarial
gains/(losses)
and other
movements
on defined
benefit schemes
184,000 184,000 ~97,000)
Net movement
in funds
620,966 (3,972) 616,994 (23,118)
RECONCILIATION
OF FUNDS
Total funds brought
forward
1,763,995 2,317,412 4,081,407 4,104,525
TOTAL FUNDS CARRIED FORWARD 2,384,961 2,313,440 4,698,401 4,081,407
Notes 2022
E
2021
f
FIXEDASSETS
Tangible assets 12 5,219,127 4,966,293
CURRENT ASSETS
Stocks 13 4,689 5,231
Debtors 14 152,472 114,541
Cash at bank and in hand 254,273 174,872
411,434 294,644
CREDITORS
Amounts
falling due within one year
15 (205,899) (216,122)
NET CURRENT ASSETS 205,535 78,522
TOTAL ASSETSLESSCURRENT
LIABILITIES 5,424,662 5,044,815
CREDITORS
Amounts
falling due after more than one
year 16 (373,261) (410,408)
PENSION LIABILITY 22 (353,000) (553,000)
NET ASSETS 4,698,401 4,081,407
FUNDS 21
Unrestricted
funds
2,384,960 1,763,995
Restricted funds 2,313,441 2,317,412
TOTAL FUNDS 4,698,401 4,081,407
2022 2021
Notes F
Cash flows from operating
activities
Cash generated
from operations
Interest paid
24 144,966
~1,397)
133,964
~2, 119)
Net cash provided
by operating
activities
143,569 131,845
Cash flows from investing
activities
Purchase oftangible
fixed assets
Sale oftangible
fixed assets
Interest received
(29,544)
1,491
2
(786,476)
400
1,150
Net cash used
in investing
activities
~28,051) )768,992266)
Cash flows from financing
New loans
in year
Loan repayments
in year
activities ~36,117) 450,000
Net cash (used in)/provided by financing activities ~36, 117) 450,000
Change
in cash and cash
in the reporting
period
equivalents 79,401 (203,081)
Cash and cash equivalents
beginning
ofthe reporting
at the
period
174,872 377,953
Cash and cash equivalents
ofthe reporting
period
at the end 254,273 174,872

DONATIONS AND LEGACIES
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
E E
Donations
Grants
19,133 48,458 19,133
48,458
23,590
80,056
19,133 48,458 67,591 103,646
Grants received,
included
in the above, are as follows:
2022 2021
E
Northamptonshire
County
Council
Oxfordshire
County
Council
North Somerset Council
73,172
5,139
1,200
545
Norfolk County
Council
West Northamptonshire
Council
48,458
48,458 80,056

INCONIE
NVESTMENT 2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Interest receivable 2 E F=2 1,150

INCOME FROM CHARITA BLE ACTIV ITIES
2022 2021
Activity P
Fees and allowances General Care 1,227,208 1,232,746
Other income General Care 780 108
Fees and allowances Supported Living 519,964 371,746
Charitable rental income Supported Living 51,339 33,936
1,799,291 1,636,636

Support
Direct costs (see
Costs note 7) Totals
F F
General Care 1,242,718 18,360 1,261,078
Supported Living 391,405 391,405
Pension Scheme 14,000 10,000 24,000
1,648,123 28,360 1,676,483

Governance
Finance costs Totals
E
General Care 13,088 5,272 18,360
Pension Scheme 10,000 10,000
23,088 5,272 28,360

Support costs, i ncluded
in the above, are
as follows:
2022 2021
General Pension Total Total
Care Scheme activities activities
E E f.
Bank charges 11,691 11,691 10,721
interest payable and similar charges 1,397 10,000 11,397 13,119
Auditors' remuneration 4,500 4,500 4,440
Trustees insurance 772 772 600
18,360 10,000 28,360 28,880

2022 2021
F
Auditors' remuneration 4,500 4,440
Depreciation
-owned
assets 17,812 15,963
Deficit on disposal of fixed assets 1,975
Auditors remuneration for non-audit work 3,846 4,934

2022 2021
F
Wages and salaries 1,151,440 984,474
Social security costs 99,447 81,405
Other pension costs 49,423 46,870
1,300,310 1,112,749

STAFF COSTS - continued STAFF COSTS - continued STAFF COSTS - continued
The number
of employees
whose employee benefits (excluding
employer
pension
costs) exceeded
660,000was: 2022 2021
270,001 - 680,000 1
280,001 - 290,000 1
1 1
COMPARATIVES
FOR
THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
E F
INCOME AND ENDOWMENTS FROM
Donations
and legacies
30,474 73,172 103,646
Charitable
activities
General Care 1,232,854 1,232,854
Supported
Living
405,682 405,682
Investment
income
1,150 1,150
Total 1,670,160 73,172 1,743,332
EXPENDITURE ON
Charitable
activities
General Care
Supported
Living
Pension Scheme
1,184,898
351,818
59,000
73,734 1,258,632
351,818
59,000
Pension scheme buyout
Total 1,595,716 73,734 1,669,450
NET INCOME/(EXPENDITURE) 74,444 (562) 73,882
Other recognised
gains/(losses)
Actuarial
gains/(losses)
schemes
on defined benefit ~97,000) ~97,000)
Net movement
in funds
(22,556) (562) (23,118)
RECONCILIATION
OF
FUNDS
Total funds brought
As previously
reported
Prior year adjustment
forward 1,086,613
699,938
2,317,974
-
3,404,587
699,938
As restated 1,786,551 2,317,974 4,104,525
TOTAL FUNDS CARRIED FORWARD 1,763,995 2,317,412 4,091,407

TANGIBLE FIXEDASSETS
Improvements Fixtures
Freehold to and
property property fittings
E F F
COST OR VALUATION
At 1 April 2021
Additions
3,770,000 1,134,796
4,102
447,840
20,732
Disposals
Revaluations
242,593 (1,491)
At 31 March 2022 4,012,593 1,137,407 468,572
DEPRECIATION
At 1 April 2021
Charge for year
403,930
6,808
At 31 March 2022 410,738
NET BOOK VALUE
At 31 March 2022
4,012,593 1,137,407 57,834
At 31 March 2021 3,770,000 1,134,796 43,910
Motor Computer
vehicles equipment Totals
F
COST OR VALUATION
At 1 April 2021
Additions
Disposals
Revaluations
67,315
4,710
36,542 5,456,493
29,544
(1,491)
242,593
At 31 March 2022 72,025 36 542 5 727 139
DEPRECIATION
At 1 April 2021
Charge for year
60,471
5,304
25,799
5,700
490,200
17,812
At 31 March 2022 65,775 31,499 508,012
NET BOOK VALUE
At 31 March 2022
6,250 5,043 5,219,127
At 31 March 2021 6, 844 10,743 4,966,293

Improvements Fixtures
Freehold to and
property property fittings
P E E
Valuation
Valuation
Cost
in
in
2017
2022
2699318
242,593
1 070682
1,137,407 468,572
4,012,593 1,137,407 468,572
Motor Computer
vehicles equipment Totals
Valuation
Valuation
Cost
in
in
2017
2022
72,025 36,542 2,699,318
242,593
2 785 228
72,025 36,542 5,727,139
approximately E1,070,68 2 (2021.E1,070,682).
13. STOCKS 2022 2021
F
Stocks 4,689 5231
1
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021
F F
Trade debtors
Other debtors
Prepayments
and accrued income 135,156
1,478
15,838
94,898
2,300
17,343
152,472 114,541
15. CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
2022 2021
F E
Bank loans and overdrafts
(see note 17)
Trade creditors
Social security
and other taxes
Other creditors
Accruals and deferred
income
40,622
13,480
24,060
12,185
115,552
39,592
72,712
19,517
12,422
71,879
205,899 216,122
Deferred
income relates to fees received for the next financial year.
Balance as at 31 March 2021
Amount
released to incoming
Amount
deferred
in year
resources 60,696
(60,696)
95,894
Balance as at 31 March 2022 95,894
16. CREDITORS: AMOUNTS
FALLING DUE AFTER MORE THAN ONE
YEAR 2022 2021
E
Bank loans (see note 17) 373,261 410,408
17. LOANS
An analysis ofthe maturity
of
loans is given below:
2022 2021
E F
Amounts
falling due within one year on demand:
Bank loans
40,622 39,592
Amounts
falling between
one
Bank loans - 1-2years
and two years: 41 912 40,622
Amounts
falling due between
Bank loans -2-5years
two and five years: 132,761 129,185
Amounts
falling due in more
than five years:
Repayable
by instalments:
Bank loans repayable
in more than 5 years

2022 2021
F F
Within one year 1,069 6,868
Between one and five years 709
1,069 7,577
SECURED DEBTS
The following secured debts are included within creditors:
2022 2021
Bank loans 413.883 450.00D

ANALY SIS OF NET ASSETS BETWEEN FUNDS
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
F
Fixed assets 2,912,073 2,307,054 5,219,127 4,966,293
Current assets 375,876 35,558 411,434 294,644
Current liabilities (176,728) (29,171) (205,899) (216,122)
Long term liabilities
Pension
liability
(373,261)
~353,000)
(373,261)
~353,000)
(410,408)
~553,000)
2,384,960 2,313,441 4,698,401 4,081,407

MOVEMENT
IN F
UNDS
Net
movement At
At 1/4/21 in funds 31/3/22
Unrestricted
funds
General fund 1,229,399 420,965 1,650,364
Revaluation
reserve
1,056,947 1,056,947
Fair Value Reserve 30,630 30,630
Pension
Liability Fund
(553,000) 200,000 (353,000)
Share Capital 19 19
1,763,995 620,965 2,384,960
Restricted funds
Apps House Fund 416,389 416,389
Giles House Fund 72,396 72,396
Innes House Fund 147,655 147,655
Pottery Fund 14,544 14,544
FJApps Training Fund 5,555 (1,575) 3,980
Welfare Fund 6,388 6,388
Revaluation
Reserve
1,642,371 1,642,371
Marks Donation 5,000 5,000
Screwfix Foundation 3,500 3,500
Tilney Donation
Workforce Grant
1,408
2,206
(190)
~2,206)
1,218
2,317,412 ~3,971) 2,313,441
TOTAL FUNDS 4,081,407 616,994 4,698,401
Net movement
in
funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources
f
expended
E
losses in funds
E
Unrestricted
funds
General
fund
1,818,426 (1,640,054) 242,593 420,965
Pension
Liability Fund
16,000 184,000 200,000
1,818,426 (1,624,054) 426,593 620,965
Restricted funds
FJApps Training Fund (1,575) (1,575)
Tilney Donation (190) (190)
COVID-19 Infection control 26,922 (26,922)
Rapid Testing Fund
Workforce Grant
18,097
3,439
(18,097)
~5,645)
~2.206)
49,458 ~52,429) ~3,971)
TOTAL FUNDS 1,866,884 ~1.676.483) 426,593 616.994

Comparatives
for
moveme nt
in fun
ds
Prior Net
year movement At
At 1/4/20 adjustment in funds 31/3/21
E E E E
Unrestricted
funds
General fund 1,135,955 93,444 1,229,399
Revaluation
reserve
1,056,947 1,056,947
Fair Value Reserve 30,630 30,630
Pension
Liability Fund
(1,136,938) 699,938 (116,000) (553,000)
Share Capital 19 19
1,086,613 699,938 (22,556) 1,763,995
Restricted funds
Apps House Fund 416,389 416,389
Giles House Fund 72,396 72,396
Innes House Fund 147,655 147,655
Pottery Fund 14,544 14,544
FJApps Training Fund 8,133 (2,578) 5,555
Welfare Fund 6,388 6,388
Revaluation
Reserve
1,642,371 1,642,371
Marks Donation 5,000 5,000
Screwfix Foundation 3,500 3,500
Tilney Donation 1,598 (190) 1,408
Workforce Capacity Fund 2,206 2,206
2,317,974 ~562) 2,317,412
TOTAL FUNDS
Comparative
net movement
in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
E E E
Unrestricted
funds
General fund
Pension
Liability Fund
1,670,160 (1,576,716)
~19,000)
~97,000) 93,444
~116,000)
1,670,160 (1,595,716) (97,000) (22,556)
Restricted funds
FJApps Training Fund (2,578) (2,578)
Tilney Donation (190) (190)
COVID-19 infection control 48,922 (48,922)
Workforce Capacity Fund 2,206 2,206
COVID-19 Support Fund 10,500 (10,500)
Rapid Testing Fund
Hardship
Fund
7,964
3,580
(7,964)
~3,580)
73,172 ~73,734) ~562)
TOTAL FUNDS 1.743.332 ~1,669,450) ~97.000) ~23,118)

Defined benefit
pension plans
2022 2021
E f
Present value offunded obligations (1,467,000) (1,661,000)
Fair value of plan assets 1,114,000 1,108,000
(353,000) (553,000)
Present value of unfunded obligations
Deficit ~353.000) ~553.000)
Net liability ~353.000) ~553.000)
The amounts
recognised
in t
he Statement of Financial
A
ctivities are as follows:
Defined benefit
pension plans
2022 2021
f
Current service cost
Net interest from net defined benefit
asset/liability 10,000 11,000
Past service cost
Administration
expenses
14,000 48,000
24,000 59,000
Actual return on plan assets 21,000 23,000
Changes in the p resent value ofthe d efined
benefit obliga
tion
are as follows:
Defined benefit
pension plans
2022 2021
Opening defined benefit obligation 1,661,000 1,481,000
Interest cost 31,000 34,000
Actuarial losses/(gains) (94,000) 197,000
Benefits paid (44,000) (42,000)
Remeasurements:
Actuarial (gains)/losses from changes in
financial assumptions
Other benefits
paid
(74,000)
~13,000
(9,000)
1,467,000 1,661,000

Changes
in the
fair value ofscheme assets are as follo ws:
Defined benefit
pension plans
2022
f
2021
f
Opening
fair value ofscheme assets
1,108,000 1,044,000
Contributions
by employer
40,000 40,000
Administration expenses (14,000) (48,000)
Expected return 21,000 23,000
Benefits paid (44,000) (42,000)
Remeasurements:
Return on plan assets (excluding
interest income)
Other benefits paid
16,000
~13,000
91,000
1,114,000 1,108,000
The amo unts
r
ecognise d
in other reco
gnised
gains and los
ses are as follows:
Defined benefit
pension plans
2022 2021
f
Actuarial (gains)/losses froin changes in
financial assumptions 74,000 9,000
Other benefits paid 13,000
Return on plan assets (excluding
interest income) 16,000 91,000
Other benefits paid (13,000)
Actuarial gains/(losses) 94,000 )197.000)
184,000 $97,000)
The major categor ies of scheme assets as amount s
oftotal scheme assets are as follows
:
Defined benefit
pension plans
2022 2021
f
Equities 526,000 468,000
Diversified growth funds 187,000 343,000
Liability driven investments 112,000 199,000
Bonds 192,000
Cash 97,000 98,000
1,114,000 1,108,000

Principal
actuarial
averages):
assumpt ions
at the Statement
o
f Financial
P
osition date (expressed as weighted
2022 2021
Discount rate
RPI inflation
CPI inflation
2.70%
3.90%
3.40%
1.90%
3.20%
2.60%
Life expectancies (in years):-
31 March 2022 31 March 2021
Males Females Males Females
For an individual
At age 65 for an
aged 65
individual
at year end
aged 45 at year end
21.9
23.2
24.3
25.7
22.1
23.6
24.1
25.2

During the year a E5,000 donation
was received from a Trustee.
RECONCILIATION
OF NET INCOME TO NET CASH FLOW FROM
OPERATING
ACTIVITIES 2022 2021
F
Net income for the reporting
period (as per the Statement of
Financial Activities)
432,994 73,882
Adjustments
for:
Depreciation
charges
(Gains) on revaluation
of properties
Loss on disposal of fixed assets
Interest received
Interest paid
Decrease/(increase)
in stocks
Increase
in debtors
(Decrease)/increase
in creditors
Difference between
pension
charge and cash contributions
17,812
(242,593)
(2)
1,397
542
(37,931)
(11,253)
~16.000)
15,963
1,975
(1,150)
2,119
(3,596)
(17,41 5)
43,186
19,000
Net cash provided
by operations
144 966 133,964

25. ANALYS IS OF CH ANG ES
IN NET DEBT
At 1/4/21 Cash flow At 31/3/22
/7 P
Net cash
Cash at bank and in hand 174,872 79,401 254,273
174,872 79,401 254,273
Debt
Debts falling
Debts falling
due within
due after 1
1 year
year
(39,592)
(410,408)
(1,030)
37,147
(40,622)
(373,261)
(45D,DDD) 36,117 (413.883)
Total (275,128) 115,518 (159,619)
26. SHARE CAPITAL
2022 2021
Ordinary share capital F
Issued and fully paid
19Ordinary shares ofF1 each