|||Page||
|---|---|---|---|
|Report ofthe Trustees|I|to|4|
|Report ofthe Independent<br>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<br>activities|||||||||
|Residental care|||||136,028||136,028|144,242|
|Investment<br>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<br>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<br>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<br>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<br>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<br>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<br>received||emoluments|in excess off60,000.|||||
|COMPARATIYES|FORTHE STATEMENT OF FINANCIAL ACTIVITIES|||||||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
|||||||f.||
|INCOME AND ENDOWMENTS|||FROM|||||
|Charitable<br>activities||||||||
|Residental<br>care|||||144,242||144,242|
|Investment<br>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<br>activities||||||||
|Residental<br>care|||||133,614||133,614|
|Total|||||169,304||169,304|
|Net gains/(losses)<br>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<br>I January<br>2021 and 31 December 2021|194,260|
|DEPRECIATION||
|At<br>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<br>I January 2021|550,583|
|Fundsinvested|496,246|
|Disposals|(479,505)|
|Change<br>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<br>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<br>falling due within||one|year on demand:||||
||Loan - Gateshead|Council|||||1,400|
||Amounts<br>falling between one and two years:|||||||
||Loan - Gateshead|Council|-1-2||||1,400|
||Amounts<br>falling due between two and five years:|||||||
||Loan - Gateshead|Coun«il|- 2-5||||4,200|
||Amounts<br>falling due in inore than Five years:|||||||
||Repayable<br>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<br>funds||||||
|Unrestricted<br>funds|||2,221,749|126,728|2,348,477|
|Restricted funds||||||
|Restricted<br>Funds|||239,271|32,408|271,679|
|TOTALFUNDS|||2,461,020|159,136|2,620,156|
|Net movement<br>in funds,|included|in the above are as follows:||||
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
||||||E|
|Unrestricted<br>funds||||||
|Unrestricted<br>funds||252,090|(163,379)|38,017|126,728|
|Restricted funds||||||
|Resolcted<br>Funds||1,541||30,867|32,408|
|TOTALFUNDS||253,631|(163,379)|68,884|159,136|
|Comparatives<br>for movement||in funds||||
|||||Net||
|||||movement|At|
||||At 1.1.20|in funds|31.12.20|
||||E|E||
|Unrestricted<br>funds||||||
|Unrestricted<br>funds|||2,186,348|35,401|2,221,749|
|Restricted funds||||||
|Restdcted<br>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<br>funds|||||
|Unrestricted<br>funds|256,134|(169,304)|(51,429)|35,401|
|Restricted<br>funds|||||
|Restricted<br>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<br>income||||
|Rents received||116,020|109,241|
|Dividends<br>received||1,541|7,187|
|||117,561|116,428|
|Charitable<br>aodvities||||
|Hospital<br>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<br>fees||16,040|17,087|
|Repairs||12,900|13,385|
|||31,794|35,690|
|Charitable<br>activities||||
|Audit fees||2,640|2,640|
|Sripend - Vicar ofGateshead||3,000|3,000|
|Gateshead<br>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<br>care alarm||10,011|9,817|
|Equipment<br>and repairs||18,234|18,449|
|Depreciation<br>freehold|property|3,885|3,885|
|||82,483|62,050|
|Information<br>technology||||
|Telephone<br>and broadband||2,051|2,109|
|Posotge and stationery||75|129|
|Subscriptions||603|130|
|||2,729|2,368|
|Human resources||||
|Accountancy<br>and bookkeeping||6,000|5,472|
|Professional<br>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)<br>on fixed asset investments||68,884|(157,367)|
|Net incomel(expenditure)||159,136|(65,785)|