## ## ||Page| |---|---| |Trustees' annual mport|1-7| |Independent
audit report|8-10| |Statement of Financial Activities|| |Balance sheet|12| |Cash flow statement|13| |Accounting
policies|14-16| |Notes to the financial statements|17-23| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restncted|Total|Total| |---|---|---|---|---|---|---|---| |||||Funds|Funds|Funds|Funds| ||||Mote|2021|2021|2021|2020| |||||5|5||f.| |Income and endowments|from:||||||| |Donations and legacies|||||||| |Donations
and legacies||||2,050||2,050|5,205| |Charitable activities|||||||| |Residential care for the|frail elderly|||939,789||939,789|950,052| |Investments||||9,424||9,424|11,702| |Other.|||||||| |Government
Grants||||87,105||87,105|| |Total income and endowments||||1.038,368||1,038,368|966,959| |Expenditure on:|||||||| |Charitable activities|||||||| |Residential care for the|frail elderly||3|(1,038,920)|(29,788)|(1,068,708)|(1,010,704)| |Investment
management|costs|||(2,933)||(2,933)|(3,064)| |Total expenditure||||(1,041,853)|(29,788)|(1,071,641)|(1,013,768)| |Net expenditure
before investment||gains|I(losses)|(3,485)|(29,788)|(33,273)|(45,809)| |Net gains I(losses) on investments||||65,578||65,578|(37,646)| |Net income I(expenditum)|snd movement||in funds forthe year|62,093|(29,788)|32,305|(84,457)| |Reconciliation
offunds:|||||||| |Total funds at 1 April 2020||||900,853|859,350|1,760,203|1,844,660| |Total funds at 31 March 2021||||962,946|829,562|1,792,508|1,760,203| ## ## ||||Note|2021|2020| |---|---|---|---|---|---| |Fixed assets|||||| |Tangible assets||||1,285,075|1,330,354| |Current assets|||||| |Stocks
Debtors
Investments
Cash at bank and|in hand||9
10
11
12|9,040
20,335
345,859
209,505|5,690
11,431
274,197
199,493| |||||584,739|490,811| |Creditors: amounts||falling due within one year|13|(77,306)|(60,962)| |Net current assets||||507,433|429,849| |Total assets less|current liabilities|||1,792,508|1,760,203| |Funds ofthe charity:|||||| |Unrestricted
funds|||||| |Designated
reserves
General revenue reserve|||17
17|492,521
470,425|494,651
406,202| |||||962,946|900,853| |Restdcted funds|||17|829,562|859,350| |Totalfunds||||1,792,508|1,760,203| ## ## ||||2021|2020| |---|---|---|---|---| |Cash flows from operating
activities:||||5| |Net expenditure
for the year
Adjustments
for:|||(33,273)|(46,809)| |Depreciation
oftangible
fixed assets
Loss on disposal oftangible
fixed assets|||52,068|52,033
733| |Interest receivable
Increase
in stocks
Decrease /(increase)
in debtors
(Increase)
/ decrease
in creditors|||(9,424)
(3,350)
(9,020)
16,344|(11,702)
(1,257)
6,506
(1,066)| |Net cash provided
by/(used
in) operating||activities|13,345|(1,562)| ||||2021|2020| ||||5|5| |Cash flows from investing
activities:||||| |Interest received|||9,540|11,719| |Purchase ofother fixed assets|||(6,789)|(94,286)| |Purchase ofcurmnt asset investments|||(6,084)|(7,821)| |Net cash used in investing
activities|||(3,333)|(90,386)| |Net increase/
(decrease) in cash and cash||equivalents|10,012|(91,950)| |Cash end cash equivalents
at the beginning|ofthe year||199,493|291,443| |Total cash and cash equivalents
at the end||ofthe year|209,505|199,493| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |1.Incoming msources from charitable|1.Incoming msources from charitable|1.Incoming msources from charitable|activities|activities|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|Funds| ||||||2021|2021|2021|2020| ||||||E|E|E|E| |Residential
cern forthe anil|elderly|||||||| |Residential
care fees|||||939,789||939,789|950,052| ||||||939,789||939,789|950,052| |In the prior year total incoming|resources|||from charitable|adivities were E950,052, afi ofwhich was unrestricted.|||| |2. Investment
income|||||Unrestricted|Restricted|Total|Total| ||||||Funds|Funds|Funds|Fuiids| ||||||2021|2021|2021|2020| |Building society interest
Investment
interest and dividends
Bank interest|||||23
9,017
384||23
9,017
384|44
10,885
773| ||||||9,424||9,424|11,702| |In the prior year total incoming|resources|||from investment|income were E11,702 afi ofwhich was unrestricted.|||| |3.Analysis ofexpenditure
on charitable|||activities||Unrestricted|Restricted|Totai|Total| ||||||Funds|Funds|Funds|Funds| ||||||2021|2020|2021|2020| ||||||E|E|E|E| |Residential
cern forthe frail eidedy||||||||| |Direct residential
care costs||||||||| |Payroll and other staff costs
Food and catering
Council tax, utfiilies and insurance
Registration
charges
Premises, garden and equipment
maintenance
Postage, stationery,
advertising
and telephone
Other sundry expenses
Depreciation
and loss on disposal offixed assets|||||789,492
55,009
38,130
4,403
34,194
5,564
34,688
21,656|29,788|789.492
55,009
38,130
4,403
34,194
5,564
34,688
51,444|733,154
55,730
35,459
4,939
48,463
4,657
30,798
52,093| |Administrative
support costs||||||||| |Payroll costs
Abbeyfield
Society affiliation
Other sundry expenses
Depreciation
and loss on disposal||offixed assets|||24,256
9,578
12,754
624||24,256
9.578
12,754
624|23,714
9,437
5,512
673| |Governance costs||||||||| |Independent
examination
and|accountancy||||8,572||8,572|6,065| ||||||1,038,920|29,788|1,068,708|1,010,704| ## |. Net outgoing
msources|||| |---|---|---|---| |
||2021|2020| |Net outgoing resources
is stated after|charging:-|8|f.| |Director's remuneration
Independent
examiner's
remuneration:
Independent
examiner's
remuneration:
Depreciation
oftangible
fixed assets
Operating
lease payments
-equipment|as examiner
other services|9,295
3,566
4,024
52,068
12,456|9,078
3,465
1,618
52,033
12,500| |Staff costs and numbem||2021|2020| |||K|K| |The aggregate
payroll costs during
the|year amounted to:-||| |Wages and salaries
Social security costs
Pension costs||748,366
50rl67|699,181
41,707| |||13,083|10,791| |||811,916|751,679| |The average|monthly|number ofemployees|during|the year were:-|the year were:-|2021|2020| |---|---|---|---|---|---|---|---| |||||||Number|Number| |Administration
Hostel staff -|-part
full time|time
and part time||||2
34|2
33| |||||||36|35| |The average|monthly|number offull time equivalent||employees|during the year were:||| |Administration|||||||| |Hostel stafF||||||1|1| |||||||29|26| |||||||30|27| ## ## ## ## |8. Tangible fixed assets|||| |---|---|---|---| |||Fixtures,|| ||Freehold land|fittings and|| ||and buildings|equipment|Total| |Coat|f|6|| |At 1 April 2020
Additions
Disposals|1,917,924
3,480|316,537
3,309
(710)|2,234,461
6,789
(710)| |At 31March 2021|1,921304|319,136|2,240,540| |Depreciation|||| |At 1 April 2020
Charge for the year
Disposals|685,281
35,628|218,826
16,440
F10)|904,107
52,068
(710)| |At 31 klarch 2021|720,909|234,558|955,485| |Net book value|||| |At 31March 2021|1,200,495|84,580|1,285,075| |At 31 March 2020|1,232,643|97,711|1,330,354| |9.Stocks||2021|2020| |||6|2| |Food
Other sundry stocks||2,695
6,345|2,455
3,235| |||9,040|5,690| |Stock of255,009(2020:255,730)has been recognised as an expense.|||| |10.Debtors||2021|2020| |||6|6| |Trade debtors
Other debtors
Prepsyments
Accrued income||6,894
13,369
72|1,791
9,452
188| |||20,335|11,431| ## ## |investments|||||| |---|---|---|---|---|---| ||Value at|Additions|Disposals|Change
in|Value st| ||1 Apdil|||market value|31 March| ||2020||||2021| ||||||5| |Listed investments
Cash|265,263
8,934|57,723|(46,761)|65.5T8|341,803
4,056| ||274,197|57,723|(46,761)|65,578|345,859| ## |.Cash atbankandin|hand||||| |---|---|---|---|---|---| |||||2021|2020| |||||5|2| |Bank deposit accounts
Bank current accounts
Building society account
Cash in hand||||179,066
20,580
9,351
508|178,584
10,843
9,310
756| |||||209,505|199,493| |Crsditom: Amounts
falling due within one year|||||| |||||2021|2020| ||||Notes|5|2| |Trade creditors
Other taxes and social
Other creditors|security|||11,579
18,298|12,254
10,024| |Accruals and deferred|income||14|4,270
43,159|3,114
35,570| |||||77,306|60,962| |The average
number ofdays between||the receipt and payment ofpurchase|invoices is 14(2020-14).||| |Deterred income|||||| |||||2021|2020| |||||6|| |Residents fees in advance||||1,243|2,430| ## ## ## ## ## ## ## ||||||||2020|2020|| |---|---|---|---|---|---|---|---|---|---| |||||||General|Designated|Restricted|Total| |||||||Funds
f|Funds
f|Funds
f|Fundsf| |Tangible
fixed assets
Current assets
Current
liabilities||||||97,711
369,453
(60,962)|373,293
121,358|859,350|1,330,354
490,811
(60,962)| |||||||406,202|494,651|859,350|1,760,203| |16.Members||||||||2021|2020| |||||||||Number|Number| |There is no authorised|share capital snd the number||ofmembers,
each||of||||| |whose
liability is limited|tof1,at the year end was:||||||||| |No one person has overall control.|||||||||| |17.Movement
in funds||||Balance||||Transfem,|Balance at| |||||at 1 Aprg||||Gains 8|31 March| |Unrestricted
funds||||2020
f||Income
f|Expenditum
f|Losses
r.|2021
f| |Designated
reserves|||||||||| |Swsinson
Bursary Fund
Repairs mserve
Charitable
capital expenditure||reserve|i)
ii)
iii)|36,358
85,000
373.293||||230
(2,360)|36,588
85,000
370,933| |Tolal designated
funds||||494,651||||(2,130)|492,521| |General funds||||406,202||1,038,368|(1,041,853)|67,708|470,425| |Total unrestricted
funds||||900,853||1,038,368|(1,041,853)|65,578|962,946| |Restricted funds|||||||||| |Fixed asset restricted|fund||iv)|859,350|||(29,788)||829,562| |Total restricted funds||||859,350|||(29,788)||829,562| |||||Ba(ance||||Transfers,|Salance at| |||||at 1 April||||Gains 6|31 March| |||||2019||Income|Expenditure|Losses|2020| |Unrestricted
funds||||||r|f|f|f| |Designated
reserves|||||||||| |Swainson
Bursary Fund
Repairs reserve
Charitable
capital expenditure||reserve|i)
il)
iii)|36,069
85,000
375,031||||289
(1,738)|36,358
85,000
373,293| |Total designated
funds||||496,100||||(1,449)|494,651| |General funds||||459,422||966,959|(978,210)|(41,969)|459,422| |Total unrestricted
funds||||955,522||966,959|(978,210)|(43,418)|954,073| |Restriicted
funds|||||||||| |Fixed asset restricted
fund
Disposals proceeds
fund|||iv)
v)|862,750
26,388|||(29,788)|26,388
(26,388)|859,350| |Total restricted funds||||889,138|||(29,788)||859,350| ||||||||||21| ## ## ## ## ## ## ## ## ## |grants m|ust either be recyc||led into fu|rther deve|lopments
or repaid.|qy
|.|.| |---|---|---|---|---|---|---|---|---| |18.Financial|Instruments|||||2,021.00|2,020.00|| |||||||E||E| |Financial|assets|||||||| |Financial|assets measured||at amortised cost|||209,505|201,284|| |Financial|assets at fair value through|||profit or loss||345,859|274,|197| |Financial|liabilities|||||||| |Financial|liabilities measured||at amortised cost|||11,579|12,254|| |Financial|assets measured|at amortised cost comprise:||||||| |Trade debtors of ENil (2020:F1,791)||||incurred|in the normal course ofthe charity's|activities. The balances are recoverable|within|one| |year.||||||||| |Cash balances ofE209,505|||(2020:E199,493).|||||| ## ## |At the
reporting
end date
operating leases, as follows:|the society|had|outstanding|commitments|for future|minimum|lease payments|under|non-cancefiable| |---|---|---|---|---|---|---|---|---|---| ||||||||2,021.00||2,020.00| |Equipment||||||||5|6| |Within one year
Between
two to five years
After more than five years||||||||12,960
33,768|11,592
40,572| |||||||||46,728|52,164| ## |At the balance sheet date the society has capital commitments|At the balance sheet date the society has capital commitments|amounting|to KNil (2020 - KNfi).||| |---|---|---|---|---|---| |Operating
costs from lettings||||2,021.00|2,020.00| |Special needs accommodation|-30 units (2020-30units)||||| |Services|||||| |Management
Routine maintenance||||964,146
55,784
18,990|904,600
45,401
30,915| |||||1,038,920|980,915| ## ##