2022-12-31-accounts

Trustees	SisterElizabethDenneny,Trustee
	SisterAgnesDunne,Trustee
	SisterMaryJosephineDolan,Trustee
	SisterMaryCondron,Trustee
	SisterEileenHolland,Trustee

Charityregistered
number	229662
Principaloffice	StGeorge'sRetreat
	DitchlingCommon
	Ditchling
	WestSussex
	RH150SQ
Independentauditors	KrestonReevesLLP
	CharteredAccountants
	9DonningtonPark
	85BirdhamRoad
	Chichester
	WestSussex
	PO207AJ
Bankers	BarclaysBankplc
	CorporateBankingCentre
	POBox112
	Horsham
	WestSussex
	RH121YQ
	TheBankofIreland
	36QueenStreet
	London
	EC4R1HJ
Solicitors	DMH
	100Queen'sRoad
	Brighton
	EastSussex
	BN13YB

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2022	2022	2022	2021
	Note	£	£	£	£
Incomefrom:
Donationsandlegacies	3	-	-	-	720,934
Charitableactivities		-	-	-	7,320,513
Othertradingactivities		-	-	-	44,259
Investments	5	10,302	-	10,302	209,073
Otherincome	6	484,033	-	484,033	18,906
Totalincome		494,335	-	494,335	8,313,685
Expenditureon:
Raisingfunds		51,214	-	51,214	3,040
Charitableactivities	8	35,465,357	790,582	36,255,939	8,080,115
Totalexpenditure		35,516,571	790,582	36,307,153	8,083,155
Netmovementinfunds		(35,022,236)	(790,582)	(35,812,818)	230,530
Reconciliationoffunds:
Totalfundsbroughtforward		35,265,986	790,582	36,056,568	35,826,038
Netmovementinfunds		(35,022,236)	(790,582)	(35,812,818)	230,530
Totalfundscarriedforward		243,750	-	243,750	36,056,568

			2022		2021
	Note
Fixedassets
Tangibleassets	43		70,200		27,033,567
			70,200		27,033,567
Currentassets
Stocks	14			58,104
Debtors	15	173,550		2,661,719
Bankandcashbalances				3,140,450
Fixedassetsheldforsale				3,942,655
		173,550		9,802,928
Creditors:amountsfallingduewithinone
year	16			(779,927)
Netcurrentassets			173,550		9,023,001
Totalassetslesscurrentliabilities			243,750		36,056,568
Totalnetassets			243,750		36,056,568
Charityfunds
Restrictedfunds	17				790,582
Unrestrictedfunds	17		243,750		35,265,986
Totalfunds			243,750		36,056,568

Freeholdproperty	-straightlineover75years
Long-termleaseholdproperty—-straightlineover75years
Motorvehicles	-25%reducingbalance
Fixturesandfittings	-25%straightline

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		£	£	£
	Donations	-	-	720,934
4.	Incomefromcharitableactivities
			Total	Total
			funds	funds
			2022	2021
			£	£
	Residents’feesandextras		-	7,320,513
5.	Investmentincome
		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		£	£	£
	Rentalincomeandinterestreceivable	10,302	10,302	209,073

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		£	£	£
Other	incomingresources	435,339	435,339	18,906
Gain	ondisposal	48,694	48,694	-
		484,033	484,033	18,906

	Unrestricted	Total	Total
	funds	funds	funds
	2022	2022	2021
	£	£	£
Shoppurchases	-	-	3,040
Baddebtwriteoff-PlymptonHouse	51,214	51,214	-
	51,214	51,214	3,040
Analysisofexpenditurebyactivities
	Activities
	undertaken	Total	Total
	directly	funds	funds
	2022	2022	2021
	£	£	£
Residents'feesandextras	-	-	8,080,115
TransferofassetsanddonationstonewCIO	36,255,939	36,255,939	-
	36,255,939	36,255,939	8,080,115
Analysisofdirectcosts
		Transferof
	Residents'	assetsand
	feesand	donations	Total
	extras	tonewClO	funds
	2022	2022	2022
	£	£	£
TransfertonewCIOentity	-	35,461,368	35,461,368
Donations	-	794,571	794,571
	-	36,255,939	36,255,939

		Transfer	of
	Residents'	assetsand
	feesand	donations	to	Total
	extras	newCIO		funds
	2021	2021		2021
	£		i	£
Staffcosts	5,246,354	-		5,246,354
Establishmentandcareexpenses	1,341,697	-		1,341,697
Staffcosts,agencyandtraining	387,065	-		387,065
Badanddoubtfuldebts	2,262	-		2,262
Bankcharges	21,781	-		21,781
Depreciationontangiblefixedassets	301,642	-		301,642
Lossondisposaloffixedassets	479	-		479
Farmcosts	46,050	-		46,050
Legalandprofessional	122,611	-		122,611
Repairsandmaintenance	550,751	-		550,751
Governancecosts	59,423	-		59,423
	8,080,115	-		8,080,115

	2022	2021
	£		£
Wagesandsalaries	-	4,692,986
Socialsecuritycosts	-	437,057
Contributiontodefinedcontributionpensionschemes	-	116,311
	-	5,246,354

	2022	2021
	No.	No.
Servicestoresidents	-	188
Managementandadministration	-	22
		210

					2022	2021
					No.	No.
In	the	band£60,001	-	£70,000	-	4
In	the	band£70,001	-	£80,000	-	1
In	the	band£90,001	-	£100,000	-	1
In	the	band£120,001		-£130,000	-	1

																Total	£				30,708,549	(30,638,349)	70,200	3,674,982	(3,674,982)			70,200	27,033,567
															Otherfixed	assets	£				7,000	-	7,000	-	-			7,000	7,000
															Fixtures	andfittings	£				1,616,034	(1,616,034)		1,390,811	(1,390,811)				225,223
															Motor	vehicles	£				261,545	(261,545)		210,118	(210,118)				51,427
														Assets	under	construction	£				5,900,727	(5,900,727)	-	-	-			-	5,900,727
														Long-term	Freehold leasehold	property property	£ £				11,261,608 11,661,635	(11,261,608)(11,598,435)	- 63,200	625,788 1,448,265	(625,788) (1,448,265)			- 63,200	10,635,820 10,213,370
Notestothefinancialstatements				fortheyearended31December2022							13. Tangiblefixedassets							Costorvaluation			At 1January2022	Transfersbetweenclasses	At31December2022	At 1January2022	Transfersbetweenclasses	At31December2022	Netbookvalue	At31December2022	At31December2021

Notestothefinancialstatements	fortheyearended31December2022	13. Tangiblefixedassets(continued)	Freehold properties include land with a netbook value of £nil (2021: £5,310,216) which is not	depreciated.TheseassetsweretransferredtotheCharity CIO.	Freehold properties include investment properties of £nil (2021: £4,100,000). These assetswere	transferredtotheCharityCIO.	Leasehold propertiesincludeinvestmentpropertiesamounting to£63,200 (2021:£632,000).These	assetsweretransferredtotheCharityCIOwiththeexemptionof1property.	InvestmentpropertiesunderFreeholdPropertiesweresubjecttoindependent,professionalvaluationat	31December2015.Thevaluationwasundertakenbyvariouslocalestateagentswithgoodknowledgeof	thepropertiesandtheirlocations.ThevaluewasreviewedbyStuartWarrenDipSurv(CEM)MRICS	MBIFMbeforetheamountswereapprovedtobeincludedwithintheaccounts. In2022theinvestment	propertieswerereviewedandthevaluationsweredeemedappropriate.Theseassetsweretransferredto	theCharityCIO.	InvestmentpropertiesheldwithinLongtermleaseholdproperty intheprioryearweresubjecttoan	independent,professionalvaluationat31December2018.ThevaluationwasundertakenbyCuthbert	Lake,CharteredSurveyors.TheseassetsweretransferredtotheCharityClOwiththeexemptionofone	apartment.

		2022	2021
	Finishedgoodsandgoodsforresale		58,104
15.	Debtors
		2022	2021
				£
	Tradedebtors		486,344
	Amountsowedbygroupundertakings		1,834,643
	Otherdebtors		162,038
	Prepaymentsandaccruedincome	173,550	178,694
		173,550	2,661,719

	2022	2021
Tradecreditors		241,159
Othertaxationandsocialsecurity		107,008
Pensionfundloanpayable		1,260
Othercreditors		172,476
Accrualsanddeferredincome		258,024
		779,927

						Balanceat
		Balanceat	1			31
		January				December
		2022		Income	Expenditure	2022
			£	£	£	£
Unrestrictedfunds
GeneralFunds-	allfunds	35,265,986		494,335	(35,516,571)	243,750
Restrictedfunds
Bursaryfund		500,000		-	(500,000)	-
DavidMaskell		237,812		-	(237,812)	-
FleurCowlesCharitableFoundation		52,770		-	(52,770)	-
		790,582		~	(790,582)	-
Totaloffunds		36,056,568		494,335	(36,307,153)	243,750
Statementoffunds-prioryear
						Balanceat
		Balanceat				31
		1January				December
		2021		Income	Expenditure	2021
			£	£	£	£
Unrestrictedfunds
GeneralFunds	-allfunds	35,035,935		8,313,685	(8,083,634)	35,265,986
Restrictedfunds
Bursaryfund		500,000		-	-	500,000
DavidMaskell		237,812		-	-	237,812
FleurCowlesCharitableFoundation		52,770		-	-	52,770
		790,582		-	-	790,582
Totaloffunds		35,826,517		8,313,685	(8,083,634)	36,056,568

			Unrestricted	Total
			funds	funds
			2022	2022
			£	£
Tangible	fixed	assets	70,200	70,200
Current	assets		173,550	173,550
Total			243,750	243,750

				Unrestricted	Restricted	Total
				funds	funds	funds
				2021	2021	2021
				£	£	£
Tangible	fixed	assets		26242,985	790,582	27,033,567
Current	assets			9,802,928	-	9,802,928
Creditors	due	within	oneyear	(779,927)	-	(779,927)
Total				35,265,986	790,582	36,056,568