2021-03-31-accounts

Directors		Mrs L M Guratsky	Mrs L M Guratsky
		Mr N J Farmer (Chairman)
		Mrs L Hitchcox
		Ms J Hyndman
		Ms S Leech
		Mr C Stringer
		Mr A YanNood		(Appointed	11August 2020)
Secretary		Mr P G Fletcher		(Resigned	22 June 2021)
Company	number	00784499
Charity number		233269
Registered	office	Seafield House
		17 Darmonds	Green
		West Kirby
		Wirral
		CH48 5DT
Auditor		Lonsdale 8 Marsh
		7th Floor
		Cotton House
		Old Hall Street
		Liverpool
		L3 9TX
Bankers		Barclays Bank	pic
		22 Grange Road
		West Kirby
		Wirral
		CH48 4HE
Solicitors		Oliver &Co
		Douglas House
		117Foregate Street
		Chester
		CH1 1LE

		Page
Report ofthe executive committee		1-4
Independent auditor's report
Statement of income and retained	earnings
Balance sheet		10
Notes to the financial statements		11-18

		Notes	2021f	2020
Income House operating costs Administrative expenses Other operating income			881,239 (786,772) (234,938) 173,926	1,132,279 (1,006,442) (201,028) 11,516
Operating surplus/(deficit)			33,455	(63,675)
Interest receivable and similar income Increase/(decrease) in fair value of investments			13,494 77,724	8,858 (55,222)
Surplus/(deficit) before taxation			124,673	(110,039)
Tax on surplus/(deficit)
Surplus/(deficit) for the financial year			124,673	(110,039)
Retained earnings brought	forward		3,184,766	3,294,805
Retained earnings carried	forward		3,309,439	3,184,766

						2021	2020
					Notes	F	6
Fixed assets
Tangible assets						2,017,708	2,662,852
Investments						570,797	449,651
						2,588,505	3,112,503
Current assets
Debtors						38,813	33,714
Cash at bank and	in	hand				894,133	261,220
						932,946	294,934
Creditors: amounts		falling due within
one year					9	(66,993)	(72,962)
Net current assets						865,953	221,972
Total assets less	current			liabilities		3,454,458	3,334,475
Creditors: amounts		falling		due after
more than one year					10	(145,019)	(149,709)
Net assets						3,309,439	3,184,766
Reserves
Income and expenditure			account			3,309,439	3,184,766

						2021	2020
						Number	Number
	Housing, support and		care			36	39
	Administration					5	4
							43
	Their aggregate remuneration			compdsed:
						2021 E	2020f
	Wages and salaries					655,270	702,947
	Social security costs					48,412	51,129
	Pension costs					12,093	11,482
						715,775	765,558
	Redundancy	payments	made	or committed			8,854
6	Tangible fixed assets
					Land and	Plant and	Total
					buildings	machinery
						etc
						6
	Cost
	At 1 April 2020				2,644,988	123,118	2,768,106
	Additions					10,235	10,235
	Disposals				(650,000)	(6,782)	(656,782)
	At 31 March	2021			1,994,988	126,571	2,121,559
	Depreciation	and impairment
	At 1 April 2020					105,254	105,254
	Depreciation	charged	in the year			4,586	4,586
	Eliminated in	respect ofdisposals				(5,989)	(5,989)
	At 31 March	2021				103,851	103,851
	Carrying amount
	At 31 March	2021			1,994,988	22,720	2,017,708
	At 31 March	2020			2,644,988	17,864	2,662,852

Fixed asset investments
	2021	2020
	F	6
Investments	570,797	449,651

Movemen	ts in fixed asset investments
			Investments
			other than
			loans
			F
Cost or valuation
At 1 April	2020		449,651
Additions			39,011
Valuation	changes		65,764
Disposals			(8,817)
Income and capital accounts			25,188
At 31 March 2021			570,797
Carrying	amount
At 31 March 2021			570,797
At 31 March 2020			449,651
Debtors
		2021	2020
Amounts	falling due within one year:	6
Rents outstanding		6,006	1,914
Other debtors		32,807	31,800
		38,813	33,714

imum lease	payments
2021	2020
6
115,850	159,754

						2021		2020
						E		6
Income
Residents' fees						865,096		878,804
Respite fees						1,000		37,286
WBC contract - Elliot House								216,189
NHS contract - Elliot House						15,143
						881,239		1,132,279
Other operating income
Rent receivable					3,730		3,552
Donations					104,572		2,619
Government grants receivable			and	released	2,345		2,345
Coronavirus job retention	scheme			grant	15,589
Other Coronavirus funding		-WBC			43,690
Employment allowance					4,000		3,000
						173,926		11,516
House operating expenses
Wages and salaries					559,938		615,877
Social security costs					41,005		43,880
Staff training					3,393		4,653
Staff pension costs defined		contribution			10,549		10,199
Agency caring services and		nursing					565
Food					33,953		51,490
Rent re operating leases					16,078		12,936
Water rates and council tax					13,443		15,662
Cleaning inc. PPE costs					28,283		23,450
Gardening costs					3,152		6,217
Power, light and heat					27,925		43,037
Property repairs and maintenance					22,742		63,494
Lear House hair salon/refurbishments							8,322
Garden landscaping works							70,122
Insurance					12,318		12,759
Telecommunications					2,135		4,043
Residents' entertaining					2,747		4,903
Sundry expenses					680		2,138
CQC subscription					4,186		5,126
Depreciation on household		furniture		and equipment	3,592		3,300
Loss on obsolete tangible	assets				653		4,269
						(786,772)		(1,006,442)
Balance carried forward						268,393		137,353

								2021		2020
								6		6
Balance brought forward								268,393		137,353
Administrative expenses
Wages and salaries							95,332		87,070
Social security costs							7,407		7,249
Staff pension costs defined			contribution				1,544		1,283
Redundancy costs - staff									8,854
Health insurance							2,144		2,214
Rent re operating leases							5,584		6,021
Computer running costs							6,658		6,602
Travelling expenses							289		757
National affiliation fee							10,630		10,473
Legal and professional	-	Ellis Whittam					5,545		5,855
Legal and professional	-	property			valuation				960
Legal and professional	-	Financial			Planning		375		750
Legal and professional	-	Smith 8			Sons		775
Legal and professional	-	employment				matters	300
Legal and professional	-Acton health					8 safety	5,864		6,736
Consultancy - Stringer	Surveying								2,646
Rathbones management		fees					4,496		4,704
Accountancy									1,200
Audit fees							6,000		6,000
Bank charges							251		258
Contributions towards	residents'			fees			68,574		22,978
Printing and stationery							3,720		3,774
Advertising							6,036		9,897
Telecommunications							621		927
Sundry expenses							1,799		3,221
Depreciation							994		599
								(234,938)		(201,028)
Operating surplus/(deficit)								33,455		(63,675)
Investment revenues
Bank interest received							691		1,051
Other interest received	- Rathbones								645
Dividends from investments			measured			at fair value	12,803		7,162
								13,494		8,858
Balance carried forward								46,949		(54,817)

					2021		2020
					f		6
Balance brought		forward			46,949		(54,817)
Other gains	and losses
Gain on sale	of Hoyle Road			10,715
Increase/(decrease) in value of investments
measured at	fair	value		65,764		(44,929)
Profit/(Loss)	on disposal of investments		measured
at fair value				1,245		(10,293)
					77,724		(55,222)
Surplus/(deficit)		for the year			124,673		(110,039)