2022-03-31-accounts - The English Benedictine Order Of Oulton Abbey Near Stone, Staffs

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Reference and administrative	Reference and administrative	information
Report ofthe Trustees
Independent Auditors'	Report	to the trustees
Statement of Financial	Activities
Balance Sheet
Statement ofCash Flows
Notes to the Financial	Statements

				Unrestricted	Restricted	Endowment	2022	2021
		Notes		Funds E	Funds f	Funds F	Total E	Total
income Donations &legacies Charitable activities				3,793 2,360,459	360 93,156		4,153 2,453,615	14,303 2,480,897
Fundraising activities Investment income Other income				34,827	267		267 34,827	29,612 245,081
Total		income		2,399,079	93,783		2,492,862	2,769,893
Expenditure
Cost of raising funds Property letting costs				4,202			4,202	1,696
Expenditure on charitable Care home Playgroup General	activities:		9	2,351,916 96,302	93,156		2,445,072 96,302	2,272, 139 39,422 151,237
Total	expenditure			2,452,420	93,156		2,545,576	2,464,494
Net income/(expenditure)				(53,341)	627		(52,714)	305,399
Transfer between funds				(1,067)	1,067
Net movement		in funds		(54,408)	1,694		(52,714)	305,399
Reconciliation offunds
Total funds brought forward				628,081	76,659	4,025	708,765	403,366
Total funds carried		forward		573,673	78,353	4,025	656,051	708,765

					Notes		2022		2021
							E
Fixed assets
Tangible assets					13		7,640,010		7,623,663
			Total fixed assets				7,640,010		7,623,663
Current assets
Debtors					14	192,980		136,117
Cash at bank		and	in	hand		161,401		267,605
		Total current assets				354,381		403,722
Liabilities
Creditors: amounts			falling due within
one year					15	298,641		368,824
Net current				(liabilities) assets			55,740		34,898
		Total	assets less current
				(liabilities) assets			7,695,750		7,658,561
Creditors: amounts				falling due after
more than	one year:				16		7,039,699		6,949,796
				Total net assets			656,051		708,765
The funds	ofthe		charity:
Endowment		fund			17		4,025		4,025
Restricted	income		funds		17		78,353		76,659
Unrestricted		income		funds
General		funds			17		573,673		628,081
			Total charity funds				656,051		708,765

The English Benedictine Order of Statement of Cash Flows for the year ended 31 March 2022	Oulton	Abbey
			Total funds	Total funds
		Notes	2022	2021
				F
Net cash used in operating activities		21	199,316	204,121
Cash flows from investing activities Interest and rental income			34,827	29,612
Purchase of furniture and equipment			(46,820)	(3,179)
Care home property costs			(23,527)	23,212
Playgroup building cost Site development costs Proceeds from sale ofasset				9,576 245,081
Net cash provided by investing activities			(35,520)	304,302
Cash flows from financing activities: Repayment of borrowing			(270,000)	(355,000)
Cash inflow from new borrowings
Net cash provided by financing activities			(270,000)	(355,000)
Change in cash and cash equivalents year	in the		(106,204)	153,423
Cash and cash equivalent brought forward			267,605	114,182
Cash and cash equivalents carried forward			161,401	267,605

Land and buildings	Nil
Included in land and buildings:
Barn construction	4% per annum	on cost
Playgroup cabin Furniture and equipment	5% per annum 10%ofwritten 15% —25% per	on cost down value annum on cost
Mhil	25% of written	down value

2	Donations	8 legacies	Unrestricted	Restricted	Endowment	2022	2021
			Funds E	Funds F	Funds F	Total	Total f
	Gifts and donations		3,793	360		4,153	14,303
			3,793	360		4,153	14,303
3	Charitable	activities	Unrestricted Funds	Restricted Funds	Endowment Funds	2022 Total	2021 Total
				E			E
	Care home Care home	fees COVID 19grants	2,358,798	93,156		2,358,798 93,156	2,267, 164 196,398
	Playgroup	fees					12,919
	Miscellaneous receipts		1,661			1,661	4,416
			2,360,459	93,156		2,453,615	2,480,897

4	Fundraising	activities		Unrestricted Funds	Restricted Funds	Endowment Funds	2022 Total	2021 Total
				F	f.	E	E
	Miscellaneous	events			267		267
					267		267
5	Investment	income		Unrestricted Funds F	Restricted Funds f	Endowment Funds F	2022 Total	2021 Total F
	Income from investments Rents from properties Bank interest		held in U.K.	34,814 13			34,814 13	29,580 32
				34,827			34,827	29,612
6	Other income			Unrestricted Funds	Restricted Funds	Endowment Funds	2022 Total	2021 Total
					f	F	F	F
	Profit from sale of property							245,081
								245,081
7	Property letting costs			Unrestricted Funds	Restricted Funds	Endowment Funds F	2022 Total F.	2021 Totalf
	Repairs and	maintenance	to properties	4,202			4,202	1,260 436
	Depreciation
				4,202			4,202	1,696

Charitable activities
	Care Home	Playgroup	General	2022	2021
	F		f.	E	E
Chaplains maintenance Charitable donations	3,600 140		3,600 310	7,200 450	7,276 200
Church goods, flowers Food etc.	489 75,001		537	1,026 75,001	1,333 64,600
Wages and NIC Medical care expenses Training & uniform costs Heating and lighting Rates and water	1,707,796 28,766 16,782 51,997 16,243		18,191 10,382 13,931	1,725,987 28,766 16,782 62,379 30,174	1,699,021 67,274 6,284 59,197 (9,359)
Insurance	30,229		21,768	51,997	44,551
Repairs and maintenance Equipment leasing and rental Telephone costs Stationery and advertising Motor and travelling Outsourced laundry service Cleaning expenses Miscellaneous expenses Employee recruitment costs Legal & professional fees Audit fees Bank charges Loan interest	56,049 26,421 3,259 6,777 1,167 26,800 38,170 27,926 12,830 19,227 3,165 245,330		10,123 (5,053) 12,248 3,165	66,172 26,421 3,259 6,777 1,175 26,800 38,170 22,873 12,830 31,475 6,330 245,330	70,238 15,319 5,667 9,844 481 39,796 30,054 2,756 45,552 5,870 30 247,226
Depreciation	46,908 2,445,072		7,092 96,302	54,000 2,541,374	49,588 2,462,798

Net incoming	I(outgoing) resources		2022	2021
This is stated	after charging:
Depreciation 8 other amounts written off fixed assets owned by the charity Audit fees Other professional fees paid to the auditors			54,000 6,330 3,042	50,024 5,870 3,784

Analysis ofstaff co	sts, trus	tee remun	eration a	nd expenses,	and th	e cost of key m	anagement p	ersonnel
The average weekly	number	of persons	employed	by the charity	during	the year was:
							2022	2021
Nursery school General maintenance Nursing staff Care home administration							2 81 3	3 2 82 3
Charity administration							1 87	1 91
The aggregate payroll costs		of the above was:					2022	2021
Wages and salaries Social security costs Pension costs							1,626,273 82,277 17,437	1,597,754 82,901 18,366
							1 725 987	1 699021

		Land &
	Land and buildings E	Buildings New Care home E	Develop- ment costs	Furniture & equipment F	Motor vehicles	Total E
Cost At 1 April 2021 Additions	782,643	6,622,355 23,527	12912	445 170 46,820		7,863,080 70,347
Disposals
At 31 March 2022	782,643	6,645,882	12912	491 990		7,933,427
Depreciation At 1 April 2021 Charge for the year	43,561 4,715			195,856 49,285		239,417 54,000
On disposals
At 31 March 2022	48,276			245,141		293,417
Net book value At 31 March 2022 At 1 April 2021	734,367 739,082	6,645,882 6,622,355	12,912 12,912	246,849 249,314		7,640,010 7,623,663

14	Debtors: amounts	falling due within one year	2022	2021 F
	Trade debtors Prepayments Other debtors		98,545 29,318 65,117	108,278 23,523 4,316
			192,980	136,117

15	Creditors: amounts falling due	within one year	2022	2021 E
	Loan —Buckfast Abbey Trustees Fees raised in advance Trade creditors Taxation and social security Other creditors Accruals and deferred income	Registered.	109,024 65,572 27,655 30,534 65,856	114,573 85,398 39,445 18,032 6,658 104,718
			298,641	368,824
16	Creditors amounts falling due	after more than one year	2022f	2021 F
	Loan —Buckfast Abbey Trustees	Registered.	7,039,699	6,949,796
			7,039,699	6,949,796
	Due within 2-5 years Due in greater than 5years		7,039,699 7,039,699	500,866 6,448,930 6,949,796

improvem	ents. The	fund b	alance	in resp	ect of	this	grant	has been left at	its realised v	alue.
								Unrestricted	Restricted	Endowment.	Total
Analysis	of net assets between			funds				funds	funds	funds F	fundsf
Fund balances as at		31 March 2022 are			represented		by:
Tangible fixed assets Current assets								7,559,326 352,687	76,659 1,694	4,025	7,640,010 354,381
Creditors:	amounts	falling	due within one year					(298,641)			(298,641)
Creditors: year Total net	amounts assets	falling	due	after	more	than	one	(7,039,699) 573,673	78,353	4,025	~7,039,699) 656,051

Plant	&Other
2022		2021
E		F

Reconciliation of net movem	ent in fun	ds to net ca	sh flow from operatin	g activities
				2022	2021
					F
Net movement in funds				(52,714)	305,399
Add back depreciation charge				54,000	50,024
Deduct Profit on disposal					(245,081)
Deduct interest and rental income shown		on investing	activities	(34,827)	(29,612)
Add Interest charged on loans				245,330	247,226
Decrease (increase) in debtors				(56,863)	13,900
Increase (decrease) in creditors				44,390	(137,735)
Net cash used in operating	activities			199,316	204,121