##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||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||||||