**CHARITY REGISTRATION NUMBER: 232858**
## **Radcliffe Manor House Unaudited Financial Statements 31 March 2023**
**ANTHON MARLOW**
Chartered Certified Accountants 6 Clinton Avenue Nottingham NG5 1AW
## **Radcliffe Manor House**
## **Financial Statements**
## **Year ended 31 March 2023**
||**Page**|
|---|---|
|Trustees' annual report|**1**|
|Independent examiner's report to the trustees|**5**|
|Statement of financial activities|**6**|
|Statement of financial position|**7**|
|Notes to the financial statements|**8**|
|**The following pages do not form part of the financial statements**||
|Detailed statement of financial activities|**17**|
|Notes to the detailed statement of financial activities|**18**|
## **Radcliffe Manor House**
## **Trustees' Annual Report**
## **Year ended 31 March 2023**
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2023.
## **Reference and administrative details**
|**Registered charity name**|Radcliffe Manor House|
|---|---|
|**Charity registration number**|232858|
|**Principal office**|Radcliffe Manor House|
||52 Main Road,|
||Radcliffe-on-Trent|
||NG12 2AA|
|**The trustees**|Dr D J Morgan|
||Mr J Rycroft|
||Mr B Thomas|
|**Independent examiner**|Alistair Nicklin F.C.C.A.|
||6 Clinton Avenue|
||Nottingham|
||NG5 1AW|
## **Structure, governance and management**
The charity is an unincorporated association governed by a Declaration of Trust dated 2nd October 1956.
The organisation of the Charity consists of:
A Committee of approximately ten volunteers who hold regular meetings and maintain the overall policy and direction of the charity. The meetings are minuted.
The Registered Manager of the Home is Mrs. M. Barron.
Approximately thirty-eight full and part time paid staff.
New trustees are by appointment of the existing trustees and the committee.
## **Objectives and activities**
The principal objective of the Charity is the provision of residential care facilities for the elderly at Radcliffe Manor House.
**- 1 -**
## **Radcliffe Manor House**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 March 2023**
## **Objectives and activities** _**(continued)**_
## POLICIES ADOPTED TO ACHIEVE THE OBJECTIVES OF THE CHARITY
The Policies of the Charity are:
To run Radcliffe Manor House in accordance with local authority regulations: To maintain the number of residents under care at the maximum level of occupancy. To observe the statutory regulations for residential care homes, i.e health and safety, drugs control etc. To maintain Radcliffe Manor House as financially sound and viable.
There have been no material changes in policies since the last report.
**- 2 -**
## **Radcliffe Manor House**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 March 2023**
## **Achievements and performance**
## Finances:
For the 2022-23 financial year, the Home made a trading loss of £133,135. This was not unexpected, and resulted from low take-up of rooms (a continuing legacy of the Covid-19 pandemic), significant spend on agency staff to maintain safe staffing levels, costs incurred in necessary building works and the planned switch from paper to digital recording systems for many of the Home's operations. This deficit was made up from our cash reserves. It is the view of the trustees that these remain sufficient for the present, but that building these up should be a priority over the next few years.
## Achievements
Since the last report the Home has made important strides forward in a number of areas. Four of our projects are of particular note:
- The Home has completely digitised care records for all our residents. This has been a major change, requiring a switch from cumbersome and time-consuming paper records to a fully (cloud-based) computer system. Staff now carry hand-held devices which bring all of the care plan information to their finger tips and allow them to record interactions with residents as they happen. Given the increasing focus of our regulators on using digital information this is a very timely upgrade to our operations.
- The Home has introduced a set of best-practice policies across all of our activities. Work is still to be done in terms of bedding these into our processes but these will ensure that our operations are consistent with the very best practice in the care sector.
- Staff training delivery is now screen-based, which is more efficient than the previous booklet-based system and also allows us to know more easily when refresher training is due.
- A lift has been installed in the annex building. This has improved access for residents and staff to the upstairs rooms and removed our reliance on a narrow and difficult staircase. Major building works within our Grade II listed building are always complicated and we are therefore pleased that this difficult project is now complete.
## CQC/NCC Inspections
Following an inspection by CQC in February 2023 the Home received an overall grading of 'requires improvement'. The main area requiring attention related to the physical security of the Home which was addressed promptly. CQC returned to look at this specific issue in June 2023 and have confirmed that it has been dealt with to their satisfaction.
Further work remains to be done to address areas of weakness highlighted by CQC and we have engaged an external professional consultancy, both to advise on meeting CQC's specific concerns and to improve aspects of our operations generally.
Nottinghamshire County Council (NCC) has not inspected the Home during this period and we continue to be graded a 'band 5' home. This represents the highest level of care available in Nottinghamshire.
## Operations and Staffing
Throughout this period recruitment of permanent staff has proved very difficult. It has been our policy throughout the pandemic period not to compromise on staffing at the Home and as a consequence we have been obliged to use relatively expensive agency staff. At the time of writing it appears that the pressures on permanent staffing have eased and our spend on agency workers is now back to pre-pandemic levels.
**- 3 -**
## **Radcliffe Manor House**
## **Trustees' Annual Report** _**(continued)**_
## **Year ended 31 March 2023**
Despite these cost pressures we have stuck to our aim of raising the pay of our permanent staff to the top quartile relative to other Homes in the East Midlands. We have also met our aim of becoming a 'real living wage' employer. It is our belief that by rewarding our staff properly for the demanding role they have we will build a team able to give our residents the very best care and attention.
Trustees
Barrie Thomas will step down as a Trustee at the AGM. Sue Clegg and Gillian Dunn will become trustees at the AGM.
## **Financial review**
The book value of the Charity has decreased from £907,030 to £773,895 during the year to 31st March 2023. This is due to the trading deficit as noted previously.
The book value of the fixed assets of the Charity increased by £17,232 to £563,922 as at 31st March 2023. The investment accounts showed an increase of £2,399.
There were no funds materially in deficit.
The trustees' annual report was approved on 28 September 2023 and signed on behalf of the board of trustees by:
Mr J Rycroft Trustee
**- 4 -**
## **Radcliffe Manor House**
## **Independent Examiner's Report to the Trustees of Radcliffe Manor House**
## **Year ended 31 March 2023**
I report to the trustees on my examination of the financial statements of Radcliffe Manor House ('the charity') for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alistair Nicklin F.C.C.A. Independent Examiner
6 Clinton Avenue Nottingham NG5 1AW
29 September 2023
**- 5 -**
## **Radcliffe Manor House**
## **Statement of Financial Activities**
## **Year ended 31 March 2023**
|||**2023**|**2023**|2022|
|---|---|---|---|---|
|||Unrestricted|||
|||funds|**Total funds**|Total funds|
||**Note**|**£**|**£**|£|
|**Income and endowments**|||||
|Donations and legacies|**4**|30,957|**30,957**|97,720|
|Charitable activities|**5**|827,547|**827,547**|845,352|
|Other trading activities|**6**|–|**–**|81|
|Investment income|**7**|2,399|**2,399**|1,409|
|||`──────────`|`──────────`|`──────────`|
|**Total income**||860,903|**860,903**|944,562|
|||`══════════`|`══════════`|`══════════`|
|**Expenditure**|||||
|Expenditure on charitable activities|**8,9**|994,038|**994,038**|882,212|
|||`──────────`|`──────────`|`──────────`|
|**Total expenditure**||994,038|**994,038**|882,212|
|||`══════════`|`══════════`|`══════════`|
|||`──────────`|`──────────`|`──────────`|
|**Net (expenditure)/income and net movement in funds**||(133,135)|**(133,135)**|62,350|
|||`══════════`|`══════════`|`══════════`|
|**Reconciliation of funds**|||||
|Total funds brought forward||907,030|**907,030**|844,680|
|||`──────────`|`──────────`|`──────────`|
|**Total funds carried forward**||773,895|**773,895**|907,030|
|||`══════════`|`══════════`|`══════════`|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
**The notes on pages 8 to 15 form part of these financial statements.**
**- 6 -**
## **Radcliffe Manor House**
## **Statement of Financial Position**
## **31 March 2023**
|||**2023**||2022|
|---|---|---|---|---|
||**Note**|**£**|**£**|£|
|**Fixed assets**|||||
|Tangible fixed assets|**14**||**563,922**|546,690|
|Investments|**15**||**217,282**|214,883|
||||`──────────`|`──────────`|
||||**781,204**|761,573|
|**Current assets**|||||
|Stocks|**16**|**1,945**||1,445|
|Debtors|**17**|**5,302**||1,449|
|Cash at bank and in hand||**75,298**||237,188|
|||`─────────`||`──────────`|
|||**82,545**||240,082|
|**Creditors: amounts falling due within one year**|**18**|**89,854**||94,625|
|||`─────────`||`──────────`|
|**Net current liabilities**|||**(7,309)**|145,457|
||||`──────────`|`──────────`|
|**Total assets less current liabilities**|||**773,895**|907,030|
||||`──────────`|`──────────`|
|**Net assets**|||**773,895**|907,030|
||||`══════════`|`══════════`|
|**Funds of the charity**|||||
|Unrestricted funds|||**773,895**|907,030|
||||`──────────`|`──────────`|
|**Total charity funds**|**21**||**773,895**
`══════════`|907,030
`══════════`|
These financial statements were approved by the board of trustees and authorised for issue on 28 September 2023, and are signed on behalf of the board by:
Mr J Rycroft Trustee
**The notes on pages 8 to 15 form part of these financial statements.**
**- 7 -**
**Radcliffe Manor House**
## **Notes to the Financial Statements**
## **Year ended 31 March 2023**
## **1. General information**
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 52 Main Road, Radcliffe On Trent, Nottingham, NG12 2AA.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Disclosure exemptions**
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company.
(b) Disclosures in respect of financial instruments have not been presented.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**- 8 -**
**Radcliffe Manor House**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Tangible assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
**- 9 -**
**Radcliffe Manor House**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **3. Accounting policies** _**(continued)**_
## **Tangible assets** _**(continued)**_
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings - 15% reducing balance Equipment - 15% reducing balance
## **Investments**
Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in income or expenditure.
## **Impairment of fixed assets**
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
## **Stocks**
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
**- 10 -**
**Radcliffe Manor House**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **3. Accounting policies** _**(continued)**_
## **Government grants**
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.
Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
## **Defined contribution plans**
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
## **4. Donations and legacies**
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||**Donations**|||||
||Donations|6,882|**6,882**|1,218|1,218|
||**Grants**|||||
||Government grant income|20,118|**20,118**|92,354|92,354|
||**Other donations and legacies**|||||
||Joint Homes Committee|3,957|**3,957**|4,148|4,148|
|||`─────────`|`─────────`|`─────────`|`─────────`|
|||30,957|**30,957**|97,720|97,720|
|||`═════════`|`═════════`|`═════════`|`═════════`|
|**5.**|**Charitable activities**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||Residents' Fees|827,547|**827,547**|845,352|845,352|
|||`══════════`|`══════════`|`══════════`|`══════════`|
**- 11 -**
## **Radcliffe Manor House**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **6. Other trading activities**
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||Fundraising events|–|**–**|81|81|
|||`════`|
`════`|`════`|`════`|
|**7.**|**Investment income**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||Income from listed investments|2,399|**2,399**|1,409|1,409|
|||`═══════`|
`═══════`|`═══════`|`═══════`|
|**8.**|**Expenditure on charitable activities by fund type**|||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2023**|Funds|2022|
|||£|**£**|£|£|
||Residential care service|949,531|**949,531**|859,833|859,833|
||Advertising|5,900|**5,900**|3,895|3,895|
||Support costs|38,607|**38,607**|18,484|18,484|
|||`──────────`|
`──────────`|`──────────`|`──────────`|
|||994,038|**994,038**|882,212|882,212|
|||`══════════`|
`══════════`|`══════════`|`══════════`|
|**9.**|**Expenditure on charitable activities by activity type**|||||
|||Activities||||
|||undertaken||**Total funds**|Total fund|
|||directly|Support costs|**2023**|2022|
|||£|£|**£**|£|
||Residential care service|949,531|–|**949,531**|859,833|
||Advertising|5,900|–|**5,900**|3,895|
||Governance costs|–|38,607|**38,607**|18,484|
|||`──────────`|
`─────────`|`──────────`|`──────────`|
|||955,431|38,607|**994,038**|882,212|
|||`══════════`|
`═════════`|`══════════`|`══════════`|
|**10.**|**Net (expenditure)/income**|||||
||Net (expenditure)/income is stated after charging/(crediting):|||||
|||||**2023**|2022|
|||||**£**|£|
||Depreciation of tangible fixed assets|||**4,546**|1,505|
|||||`═══════`|`═══════`|
|**11.**|**Independent examination fees**|||||
|||||**2023**|2022|
|||||**£**|£|
||Fees payable to the independent examiner for:|||||
||Independent examination of the financial statements|||**2,790**|2,346|
|||||`═══════`|`═══════`|
**- 12 -**
## **Radcliffe Manor House**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **12. Staff costs**
The total staff costs and employee benefits for the reporting period are analysed as follows:
||**2023**|2022|
|---|---|---|
||**£**|£|
|Wages and salaries|**677,379**|609,928|
|Social security costs|**36,262**|28,106|
|Employer contributions to pension plans|**16,123**|23,043|
||`──────────`|`──────────`|
||**729,764**
`══════════`|661,077
`══════════`|
The average head count of employees during the year was 38 (2022: 33). The average number of full-time equivalent employees during the year is analysed as follows:
|full-time equivalent employees during the year is|analysed as follows:||
|---|---|---|
||**2023**|2022|
||**No.**|No.|
|Administration staff|**38**|33|
||`════`|`════`|
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
## **13. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
## **14. Tangible fixed assets**
||Land and|Fixtures and|||
|---|---|---|---|---|
||buildings|fittings|Equipment|**Total**|
||£|£|£|**£**|
|**Cost**|||||
|At 1 April 2022|538,163|118,206|–|**656,369**|
|Additions|–|21,305|473|**21,778**|
||`──────────`|`──────────`|`────`|`──────────`|
|**At 31 March 2023**|538,163|139,511|473|**678,147**|
||`══════════`|`══════════`|`════`|`══════════`|
|**Depreciation**|||||
|At 1 April 2022|–|109,679|–|**109,679**|
|Charge for the year|–|4,475|71|**4,546**|
||`──────────`|`──────────`|`────`|`──────────`|
|**At 31 March 2023**|–|114,154|71|**114,225**|
||`══════════`|`══════════`|`════`|`══════════`|
|**Carrying amount**|||||
|**At 31 March 2023**|538,163|25,357|402|**563,922**|
||`══════════`|`══════════`|`════`|`══════════`|
|At 31 March 2022|538,163|8,527|–|546,690|
||`══════════`|`══════════`|`════`|`══════════`|
**- 13 -**
## **Radcliffe Manor House**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **15. Investments**
||||**Other**|
|---|---|---|---|
||||**investments**|
||||**£**|
||**Cost or valuation**|||
||At 1 April 2022||**214,883**|
||Additions||**2,399**|
||||`──────────`|
||**At 31 March 2023**||**217,282**|
||||`══════════`|
||**Impairment**|||
||**At 1 April 2022 and 31 March 2023**||**–**|
||||`══════════`|
||**Carrying amount**|||
||**At 31 March 2023**||**217,282**|
||||`══════════`|
||At 31 March 2022||214,883|
||||`══════════`|
||All investments shown above are held at valuation.|||
|**16.**|**Stocks**|||
|||**2023**|2022|
|||**£**|£|
||Raw materials and consumables|**1,945**|1,445|
|||`═══════`|`═══════`|
|**17.**|**Debtors**|||
|||**2023**|2022|
|||**£**|£|
||Trade debtors|**–**|173|
||Prepayments and accrued income|**5,302**|1,276|
|||`───────`|`───────`|
|||**5,302**|1,449|
|||`═══════`|`═══════`|
|**18.**|**Creditors:** **amounts falling due within one year**|||
|||**2023**|2022|
|||**£**|£|
||Trade creditors|**11,618**|10,564|
||Accruals and deferred income|**6,016**|15,084|
||Social security and other taxes|**8,790**|13,507|
||Other creditors|**63,430**|55,470|
|||`─────────`|`─────────`|
|||**89,854**
`═════════`|94,625
`═════════`|
## **19. Pensions and other post retirement benefits**
## **Defined contribution plans**
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £16,123 (2022: £23,043).
**- 14 -**
## **Radcliffe Manor House**
## **Notes to the Financial Statements** _**(continued)**_
## **Year ended 31 March 2023**
## **20. Government grants**
The amounts recognised in the financial statements for government grants are as follows:
**2023** 2022 **£** £ Recognised in income from donations and legacies: Government grants income **20,118** 92,354 `═════════ ═════════`
## **21. Analysis of charitable funds**
## **Unrestricted funds**
||**Unrestricted funds**|||||
|---|---|---|---|---|---|
|||At|||**At**|
|||1 April 2022|Income|Expenditure|**31 March 2023**|
|||£|£|£|**£**|
||General funds|907,030|860,903|(994,038)|
**773,895**|
|||`══════════`|`══════════`|`══════════`|`══════════`|
|||At|||At|
|||1 April 2021|Income|Expenditure|31 March 2022|
|||£|£|£|£|
||General funds|844,680|944,562|(882,212)|
907,030|
|||`══════════`|`══════════`|`══════════`|`══════════`|
|**22.**|**Analysis of net assets between funds**|||||
|||||Unrestricted|**Total Funds**|
|||||Funds|**2023**|
|||||£|**£**|
||Tangible fixed assets|||563,922|**563,922**|
||Investments|||217,282|**217,282**|
||Current assets|||82,545|**82,545**|
||Creditors less than 1 year|||(89,854)|
**(89,854)**|
|||||`──────────`|`──────────`|
||**Net assets**|||773,895|**773,895**|
|||||`══════════`|`══════════`|
|||||Unrestricted|Total Funds|
|||||Funds|2022|
|||||£|£|
||Tangible fixed assets|||546,690|546,690|
||Investments|||214,883|214,883|
||Current assets|||240,082|240,082|
||Creditors less than 1 year|||(94,625)|
(94,625)|
|||||`──────────`|`──────────`|
||**Net assets**|||907,030|907,030|
|||||`══════════`|`══════════`|
**- 15 -**
**Radcliffe Manor House**
## **Management Information**
**Year ended 31 March 2023**
**The following pages do not form part of the financial statements.**
**- 16 -**
## **Radcliffe Manor House**
## **Detailed Statement of Financial Activities**
## **Year ended 31 March 2023**
||**2023**|2022|
|---|---|---|
||**£**|£|
|**Income and endowments**|||
|**Donations and legacies**|||
|Donations|**6,882**|1,218|
|Government grant income|**20,118**|92,354|
|Joint Homes Committee|**3,957**|4,148|
||`─────────`|`─────────`|
||**30,957**|97,720|
||`─────────`|`─────────`|
|**Charitable activities**|||
|Residents' Fees|**827,547**|845,352|
||`──────────`|`──────────`|
|**Other trading activities**|||
|Fundraising events|**–**|81|
||`────`|`────`|
|**Investment income**|||
|Income from listed investments|**2,399**|1,409|
||`───────`|`───────`|
||`──────────`|`──────────`|
|**Total income**|**860,903**|944,562|
||`══════════`|`══════════`|
|**Expenditure**|||
|**Expenditure on charitable activities**|||
|Purchases|**50,339**|46,347|
|Wages and salaries|**677,379**|609,928|
|Employer's NIC|**36,262**|28,106|
|Pension costs|**16,123**|23,043|
|Rates and water|**45,449**|43,661|
|Repairs and maintenance|**33,749**|50,668|
|Insurance|**14,024**|11,589|
|Other establishment|**2,512**|2,349|
|Legal and professional fees|**36,885**|15,698|
|Telephone|**5,038**|2,652|
|Other office costs|**5,488**|3,391|
|Depreciation|**4,546**|1,505|
|Other interest payable and similar charges|**1,722**|2,786|
|Fees Paid (Care Standard) and advertising|**7,181**|8,165|
|Fire Precautions|**5,621**|2,166|
|Garden Expenses|**309**|1,988|
|General Household Expenses|**51,411**|28,170|
||`──────────`|`──────────`|
||**994,038**|882,212|
||`──────────`|`──────────`|
||`──────────`|`──────────`|
|**Total expenditure**|**994,038**|882,212|
||`══════════`|`══════════`|
||`──────────`|`──────────`|
|**Net (expenditure)/income**|**(133,135)**|62,350|
||`══════════`|`══════════`|
**- 17 -**
## **Radcliffe Manor House**
## **Notes to the Detailed Statement of Financial Activities**
## **Year ended 31 March 2023**
||**2023**|2022|
|---|---|---|
||**£**|£|
|**Expenditure on charitable activities**|||
|**_Activities undertaken directly_**|||
|Catering|**50,339**|46,347|
|Salaries and Wages|**677,379**|609,928|
|Direct charitable activity - employer's NIC|**36,262**|28,106|
|Direct charitable activity - pension costs|**16,123**|23,043|
|Utilities|**45,449**|43,661|
|Repairs, Maintenance, Renewals and Decorating|**33,749**|50,668|
|Insurance|**14,024**|11,589|
|Sundries|**2,512**|2,349|
|Telephone|**5,038**|2,652|
|Stationery and postage|**5,488**|3,391|
|Depreciation of Fixtures & Equipment|**4,546**|1,505|
|Fees Paid (Care Standard)|**1,281**|4,270|
|Fire Precautions|**5,621**|2,166|
|Garden Expenses|**309**|1,988|
|General Household Expenses|**51,411**|28,170|
||`──────────`|`──────────`|
||**949,531**|859,833|
||`──────────`|`──────────`|
|**_Activities undertaken directly_**|||
|Advertising|**5,900**|3,895|
||`───────`|`───────`|
|**Governance costs**|||
|Governance costs - accountancy fees|**7,110**|2,346|
|Governance costs - legal and other professional fees|**29,775**|13,352|
|Governance costs - other finance costs|**1,722**|2,786|
||`─────────`|`─────────`|
||**38,607**|18,484|
||`─────────`|`─────────`|
||`──────────`|`──────────`|
|**Expenditure on charitable activities**|**994,038**|882,212|
||`══════════`|`══════════`|
**- 18 -**