2021-09-30-accounts - SidLife Limited

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Reference and Administrative	Reference and Administrative	Details
Trustees' Report			2 to 11
Independent Auditors'	Report		12to 13
Statement ofFinancial	Activities		14
Balance Sheet			15
Statement ofCash Flows			16
Notes to the Financial	Statements		17to24
Detailed Statement of	Financial Activities		25to 26
Detailed SOFA summary		per fund	25

Reduced Income &Increased Costs	Reduced Income &Increased Costs
General Maintenance		69,850
Donations gt Legacies		64,604
Rental income		33,433
Wages &Salaries		11,016
Sundry Expenses		10,674
Abbeyfleid Membership		8,715
Dividends Received		7,208
Council Tax 8 Water Rates		5,246
Insurance Premiums		1,047
Other		~5938
TOTAL
OEPSETBY
Increased Income ISReduced Costs
Investment Gains on Valuation		195,097
Wages gt Salaries-2017 WjBack		192,192
caterlrig ghcleaning		13,588
Auditors Remuneration-Other		6~6
ljght, Hest &Power		5,962
Depreciation		2,792
Auditors Remuneration-	Audit	1,310
Other		~682
TOTAL		4~20 79
YEAR Ohi YEAR INCREASE		2~0

	Current	Target	Last	Next	Next
	2~020 21	~2020 21	2~019 20	2~Ox	22
Metric 1-Reinvestment
No plans in 2020/21 to acquire additional	properties

			Unrestricted
			funds	Restricted	Total
			General	funds	2021
		Note
Income and Endowments	from:
Donations and legacies			3,496		3,496
Charitable activities			918,319		918,319
Investment income			15,170	986	16,156
Total Income			936,985	986	937971
Expenditure on: Charitable activities			~t862, 392	~70,798	872,390
Total Expenditure			~862,192	tl0, 1981	872,390
Net income/(expenditure) for the year before gains or losses on Investments			74,793	~9,232	65,581
Gains/losses on investment Net income/(expenditure)	assets		102,909 177,702	8,773 ~439	111,682 177/63
Net movement in funds			177,702	(439)	177,263
Reconciliation offunds
Total funds brought forward			3,732,540	47,213	3,779,753
Total funds carried forward			3,910/42	46,774	3,957,016

						2021	2020
					Note
Fixed assets
Tangible assets						3,445,917	3,462,324
Investments						505,884	662,406
						3,951,801	4,124,730
Current assets
Stocks						4,352	6,050
Debtors						10,614	24,783
Cash at bank		and in hand				390,016	223,692
Creditors:	Amounts		falling due within	one year	10	404,982 ~306,322	254,525 ~75 556
Net current		assets				298,660	178,969
Total assets		less current liabilities				4,250,461	4,303,699
Creditors:	Amounts		falling due after	more than one year	11	(293,445)	(331,754)
Provisions					12		192,192
Net assets						3,957,016	3 779,753
Funds ofthe		charity:
Restricted	income funds
Restricted funds						46,774	47,213
Unrestricted		income	funds
Unrestricted		funds				3,910,242	3,732,540
Total funds						3,957,016	3,779,753

Statement	ofCash Flo	ws for the Y	ear Ended 3	0September 20	21
				2021	2020
			Note
Cash flows from operating	activities
Net cash income/(expenditure)				177363	(25,085)
Adjustments to cash flows from non-cash		items
Depreciation Gain on listed investments				35,743 ~23,342	38,535 20,015
				184,664	33,465
Working capital adjustments
Decrease/(increase) in stocks			8	1,698	(246)
Decrease/(increase) in debtors			9	14,169	(5,594)
Increase/(decrease) in creditors Removal ofprovision			10	30,758 ~192,192	(6,163)
Net cash flows fiom operating	activities			39092	21,462
Cash flows from investing activities
Purchase oftangible fixed assets				(19,336)	(5,090)
Purchase ofinvestments				(186,58T)	(640,999)
Sale ofinvestments				371,451	728,387
Net cash flows fiom investing	activities			165,528	82,298
Cash flows from financing activities Repayment ofloans and borrowings			10	~38,301)	~(Z4.F01
Net increase in cash and cash	equivalents			166,324	68,959
Cash and cash equivalents at	I October			223,692	154,733
Cash and cash equivalents at	30September			390,016	223,692

2021		2020
No		No
	25		25

4 Auditors' remuneration
	2021	2020
Audit ofthe financial statements	7,690	9,000
Other fees to auditors
All other non-audit services	3,940	10,396

6 Tangible fixed	assets
		Land and	Furniture and
		buildings	equipment	Motor vehicles	Total
Cost
At I October 2020		3,403,310	246,624		3,649,934
Additions Disposals			9,749 ~37,036	9,587	19,336 ~17,036)
At 30September 2021		3,403,310	239,337	9,587	3 652,234
Depreciation
At 1 October 2020			187,610		187,610
Charge for the year Eliminated on disposals			33,826 ~37,036	1,917	35,743 ~37.036
At 30 September 2021			204,400	1,917	206,317
Net book value
At 30September 2021		3,403,310	34,937	7,670	3 445,917
At 30 Septembor 2020		3,403 310	59,014		3,462,324
Land and buildings	cost is as follows:
Housing properties	cost				3,637,310
Less: Social housing	grant				(234,000)
Net Cost					3,403410
7 Fixed asset investments

			2021	2020
			g
Other	investments		505,884	662,406
			2021	2020
	Cost b/fwd		622,980	710,367
	Additions		186,587	641,000
	Disposal		~377 451	~728,387
	Cost c/fwd		438,116	622,980
	Unrealised	gain	67,768	39,426
	Market value c/fwd		505,884	662,406

8 Stock
				2021	2020
Stocks				4,352	6,050
9 Debtors
				2021	2020
Trade debtors					848
Other debtors				10,614	23,935
				10,614	24,783
10 Creditors: amounts		falling due within one year
				2021	2020
Abbeyfield loan				36,190	36,182
Other taxation and social security				7,662	6,706
Other creditors				62,470	32,668
				106322	75 556
11 Creditors: amounts		falling due after one year
				2021	2020
Abbeyfield loan				293,445	331,754
The Abbeyfield	Loan is	secured against the Charity's	land and buildings.

Included in the	creditors are the following amounts due aft	er more than five years;
		2021	2020
After more than	five years by instalments	~150,836	~787,0261
12 Provisions
		Other
		provision	Total
At I October 2020		(192,192)	(192,192)
Amounts unused	and reversed	192,192	192,192
At 30 September	2021

15 Funds
							Balance at
			Balance at I			Other	30
			October	Incoming	Resources	recognised	September
			2020	resources	expended	gains/(losses)	2021
Unrestricted		funds
General			3,732,540	936,985	(862,192)	102,909	3,910,242
Restricted	funds		47,213	986	(10,198)	8,773	46,774
Total funds			3,779,753	937,971	(872,390)	111,682	3,957,016

N	o	tes to the F	inancial Statement	s for the Y	ear Ended 30	September 2	021
							Balance at
			Balance at 1			Other	30
			October	Incoming	Resources	recognised	September
			2019	resources	expended	gains/0osses)	2020
Unrestricted		funds
General			3,739,290	1,041,272	(975,400)	(72,622)	3,732,540
Restricted	funds		65,548	1,944	~9486	~10,793	47,213
Total funds			3,8114,838	1,043,216	~7984,886	~783,475	3,779,753

					Total	Total
					2021	2020
Income and Endowments	from:
Douations and legacies (analysed			below)		3,496	68,100
Charitable activities (analysed		below)			918,319	951,752
Investment income (analysed		below)			16 156	23 364
Total income					937,971	1 tl43,216
Expenditure on: Charitable activities (analysed		below)			~872,390) ~984,88
Total expenditure Gains/losses on investment Net income/(expenditure)	assets		(analysed	below)	(872,390) (984,886) 111.682 ~83,4)5) 177,263 ~23,085
Net movement in funds					177,263	(25,085)
Reconciliation offunds
Total funds brought fotward					3,779,753	3,804,838
Total funds carried forward					3,957,016	3,779,753
					2021
					Restricted
					funds	Total
Income and Endowments	from:
Donations and legacies (analysed			below)			3,496
Charitable activities (analysed		below)				918,319
Investment income (analysed		below)			986	16,156
Total income					986	937,971
Expenditure on: Charitable activities (analysed		below)			~t)0,798 ~872,390
Total expenditure					(10,198)	(872,390)
Gains/losses on i)vestment Net (expenditure)/income	assets		(analysed	below)	8,773 ~439	111,682 177,263
Net movement in funds					(439)	177,263
Reconciliation offunds
Total funds brought forward					47.213	3,779753
Total funds carried forward					46,774	3,957,016

						Total	Total
						2021	2020
Donations and legacies
Legacies and bequests						2,856	62,170
Appeals and donations						500	348
Visitors, guests and Darlington				room hire		140	3,105
Sponsorship							2,477
						3 496	68 100
Charitable acth ilies
Income fiom letting and		care service charges				918,319	951,752
						918,319	951,752
Investment income
Income &om other investments						986	1,944
Income &om other investments						15,170	21,420
						16,156	23,364
Charitable activities
Food costs and cleaning		materials				(112,491)	(126,079)
Depreciation offixtures		and fittings				(33,826)	(38535)
Depreciation ofmotor vehicles						(1,917)
Wages and salaries						(366,887)	(548,063)
Council Tax						(11,544)	(8,647)
Water rates						(21,315)	(18,966)
Light, heat and power						(63,380)	(69,342)
General maintenance						(130,318)	(60,468)
Garden maintenance						(14,134)	(15,558)
Sundry expenses						(26,240)	(15,566)
Insurance						(24,390)	(23,343)
Telephone and administrative			expenses			(18,830)	(13,604)
Abbeyfield membership						(24,596)	(15,881)
Minibus leasing and other costs						(10,198)	(9,486)
The audit ofthe charity's		annual		accounts		(7,690)	(9,000)
Auditors' remuneration Loan interest	-non-audit				services	(3,940) ~(694	(10,396) (1,9527
						~872,390	~984,886
Gains/losses on investment			assets
Restricted fund - gain / Joss) Unrestricted fund - gain / (loss)						8,773 102,909 111,682	(10,793) ~72,622 ~43,413