2021-12-31-accounts

		Page
Report ofthe Trustees	I	to	4
Report ofthe Independent Auditors	5	to	7
Statement ofFinancial Activides
Balance Sheet	9	to	10
Notes tothe Financial Statements	I I	to	20
Detailed Statement ofFinancial Activities	21	to	22

							31.12.21	31.12.20
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes	6
INCOME AND	ENDOWMENTS		FROM
Charitable activities
Residental care					136,028		136,028	144,242
Investment income				3	116,020	1,541	117,561	116,428
Other income					42		42	216
Total					252,090	1,541	253,631	260,886
EXPENDITURE	ON
Raising funds					31,794		31,794	35,690
Charitable activities
Residemal care					131,585		131,585	133,614
Total					163,379		163,379	169,304
Net gains/(losses)	on investments				38,017	30,867	68,884	(115,844)
NET INCOME/(EXPENDITURE)					126,728	32,408	159,136	(24,262)
RECONCILIATION		OF FUNDS
Total funds brought		forward			2,221,749	239,271	2,461,020	2,485,282
TOTAL FUNDS CARRIED FORWARD					2,348,477	271,679	2,620,156	2,461,020

				31.12.21	31.12.20
		Unrestdicted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	E	E
FIXEDASSETS
Tangible assets	9	108,789		108,789	112,675
Investments
Investments	10	364,529	271,679	636,208	550,583
Investment property	I I	1,764,539		1,764,539	1,764,539
		2,237,857	271,679	2,509,536	2,427,797
CURRENT ASSETS
Debtors	12	14,362		14,362	11,891
Cash at bank and in hand		150,659		150,659	105,169
		165,021		165,021	117,060
CREDITORS
Amounts falling due within one year	13	(54,401)		(54,401)	(12,110)
NET CURRENT ASSETS		110,620		110,620	104,950
TOTAL ASSETS LESSCURRENT
LIABILITIES		2,348,477	271,679	2,620,156	2,532,747
CREDITORS
Amounts falling due after more than one year	14				(71,727)
NET ASSETS		2,348,477	271,679	2,620,156	2,461,020

3.	IhÃEST	MENT INCOME
						31.12.21	31.12.20
	Rents received					116,020	109,241
	Dividends	received				1,541	7,187
						117,561	116,428
4.	INCOME FROM CHARITABLE ACTIVITIES
						31.12.21	31.12.20
						Residental	Total
							activities
	Hospiud	rental income				136.028	144,242
5.	SUPPORT COSTS
					Information	Human
			Management	Property	technology	resources	Totals
						E
	Residental	care	34,761	82,483	2,729	6,900	126,873

				31.12.21	31.12.20
				Residental	Total
				care	acdvides
				f	E
Cleaner	and	cleaning	material	12,395	11,499
Warden				22,366	25,071
				34,761	36,570

SUPPOR Property	T	COSTS - continued
			31.12.21	31.12.20
			Residental	Total
			care	activides
				E
Rates and	water		13,035	7,595
Insurance			3,401	2,851
Light and heat			33,917	19,453
Community		care alarm	10,011	9,817
Equipment	and repairs		18,234	18,449
Depreciation		freehold property	3,885	3,885
			82,483	62,050
Information		technology
			31.12.21	31.12.20
			Residental	Total
			care	acdvities
Telephone	and broadband		2,051	2,109
Postage and		stationery	75	129
Subscriptions			603	130
			2,729	2,368

The average monthly	number ofemployees	number ofemployees	number ofemployees	during the year was	as follows:
						31.12.21	31.12.20
Cleaner							I
Warden							2
						2	3
No employees received		emoluments	in excess off60,000.
COMPARATIYES	FORTHE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					funds	funds	funds
						f.
INCOME AND ENDOWMENTS			FROM
Charitable activities
Residental care					144,242		144,242
Investment income					111,676	4,752	116,428
Ckher income					216		216
Total					256,134	4,752	260,886
EXPENDITURE ON
Raising funds					35,690		35,690
Charitable activities
Residental care					133,614		133,614
Total					169,304		169,304
Net gains/(losses) on invesunents					(51,429)	(64,415)	(115,844)
NET INCOME/(EXPENDITURE)					35,401	(59,663)	(24,262)
RECONCILIATION		OF FUNDS
Total funds brought		forward			2,186,348	298,934	2,485,282
TOTAL FUNDS CARRIED FORWARD					2,221,749	239,271	2,461,020

TANGIBLE FIXED ASSETS
	Hospital
COST
At I January 2021 and 31 December 2021	194,260
DEPRECIATION
At I January 2021	81,585
Charge for year	3,886
At 31 December 2021	85.471
NET BOOKVALUE
At 31 December 2021	108,789
At 31 December 2020	112,675
FIXEDASSET INVESTMENTS
	Listed
	investments
MARKET VALUE
At I January 2021	550,583
Fundsinvested	496,246
Disposals	(479,505)
Change in value	68,884
At 31 December 2021	636,208
NET BOOKVALUE
At 31 December 2021	636,208
At 31 December 2020	550,583

DEBTORS	:AMOUNTS FALLING DUE WITHIN O	NE YEAR
		31.12.21	31.12.20
			6
Other debtors		4,129	696
Prepayments	and accrued income	10,233	11,195
		14,362	11,891

			Notes tothe Financial Statements	Notes tothe Financial Statements	-continued
			for the Year Ended 31 December 2021
13.	CREDITORS:AMOUNTS			FALLING DUE WITHIN ONE	YEAR
						31.12.21	31.12.20
	Trade creditors					39,661	1,561
	Other creditors					14,740	10,549
							12,110
14.	CREDITORS:AMOUNTS			FALI ING DUE AFTER MORE	THAN ONE	YEAR
						31.12.21	31.12.20
	Other creditors						71,727
15.	LOANS
	An analysis ofthe	maturity	ofloans is given below:
						31.12.21	31.12.20
							6
	Amounts falling due within		one	year on demand:
	Loan - Gateshead	Council					1,400
	Amounts falling between one and two years:
	Loan - Gateshead	Council	-1-2				1,400
	Amounts falling due between two and five years:
	Loan - Gateshead	Coun«il	- 2-5				4,200
	Amounts falling due in inore than Five years:
	Repayable by instalments:
	Loan - Gateshead	Council	due	after more than 5years			66,127

MOYENENT IN FUN	DS
				Net
				movement	At
			At 1.1.21	in funds	31.1221
Unrestricted funds
Unrestricted funds			2,221,749	126,728	2,348,477
Restricted funds
Restricted Funds			239,271	32,408	271,679
TOTALFUNDS			2,461,020	159,136	2,620,156
Net movement in funds,	included	in the above are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
					E
Unrestricted funds
Unrestricted funds		252,090	(163,379)	38,017	126,728
Restricted funds
Resolcted Funds		1,541		30,867	32,408
TOTALFUNDS		253,631	(163,379)	68,884	159,136
Comparatives for movement		in funds
				Net
				movement	At
			At 1.1.20	in funds	31.12.20
			E	E
Unrestricted funds
Unrestricted funds			2,186,348	35,401	2,221,749
Restricted funds
Restdcted Funds			298,934	(59,663)	239,271
TOTALFUNDS			2.485,282	(24,262)	2,461,020

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
		E
Unrestricted funds
Unrestricted funds	256,134	(169,304)	(51,429)	35,401
Restricted funds
Restricted Funds	4,752		(64,415)	(59,663)
TOTAL FUNDS	260,886	(169,304)	(115,844)	(24,262)

	Detailed Statement ofFinancial Activities
	for the Year Ended 31 December 2021
		31.12.21	31.12.20
INCOME AND ENDOWMENTS
Investment income
Rents received		116,020	109,241
Dividends received		1,541	7,187
		117,561	116,428
Charitable aodvities
Hospital rental income		136,028	144,242
Other income
Deposit account interest received		42	216
Total incoming resources		253,631	260,886
EXPENDITURE
Raising donations	and legacies
Insurance		2,682	4,672
Sundries		172	546
I4anagement fees		16,040	17,087
Repairs		12,900	13,385
		31,794	35,690
Charitable activities
Audit fees		2,640	2,640
Sripend - Vicar ofGateshead		3,000	3,000
Gateshead loan interest		(928)	5,792
Bank charges			45
		4,712	11,477
Support costs
Management
Cleaner and cleaning material		12,395	11,499
Warden		22,366	25,071
		34,761	36,570

	Detailed Statement ofFinancial Activities
	forthe Year Ended 31 December 2021
		31.1221	31.12.20
Management
Property
Rates and water		13,035	7,595
Insurance		3,401	2,851
Light and heat		33,917	19,453
Community care alarm		10,011	9,817
Equipment and repairs		18,234	18,449
Depreciation freehold	property	3,885	3,885
		82,483	62,050
Information technology
Telephone and broadband		2,051	2,109
Posotge and stationery		75	129
Subscriptions		603	130
		2,729	2,368
Human resources
Accountancy and bookkeeping		6,000	5,472
Professional fees		900	15,677
		6,900	21,149
Total resources expended		163,379	169,304
Net income before gains and losses		90,252	91,582
Realised recognised	gains and losses
Realised gains/(losses) on fixed asset investments		68,884	(157,367)
Net incomel(expenditure)		159,136	(65,785)