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|||Page|
|---|---|---|
|Trustees'
annual
report|||
|Independent
auditor's|report to the members||
|Statement offinancial|activities|12|
|Statement offinancial|position|13|
|Statement ofcash flows||14|
|Notes to the financial|statements|15|
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|Reference|and adm|inistrative|details||||||
|---|---|---|---|---|---|---|---|---|
|Registered|charity|name|Boarbank
Hall||||||
|Charity registration||number|233499||||||
|Principal office|||Canonesses
of|StAugustine|||||
||||Convent of Our|Lady of||Lourdes|||
||||Boarbank
Hall||||||
||||Allithwaite||||||
|The trustees|||||||||
||||Sister Eileen Pollard||||||
||||Sister Elizabeth|Mary Veronica|||||
||||Conneli||||||
|Auditor|||Riverside Accountancy
Chartered
accountants||Lancaster
&statutory||Limited
auditor|t/a Paul Clegg &Company|
||||Second Floor, Riverside|||Offices|||
||||26StGeorges Quay||||||
||||Lancaster||||||
||||LA1 1RD||||||
|Bankers|||National Westminster||||||
||||LA11 6DS||||||
||||Lloyds Bank Pic||||||
||||6The High Street||||||
||||Boscombe||||||
||||Dorset||||||
||||BH31 3RG||||||
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||||||2020||2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note||6|6||
|Income and endowments||||||||
|Donations
and legacies|||4|533,457||533,457|117,964|
|Charitable
activities|||5|1,416,208||1,416,208|1,526,662|
|Other trading
activities|||6|4,966||4,966|24,602|
|Investment
income|||7|21,903||21,903|21,638|
|Other income|||8|2,384||2,384|2,273|
|Total income||||1,978,918||1,978,918|1„693,139|
|Expenditure||||||||
|Expenditure
on charitable||activities|9,10|1,773,359||1,773,359|1,749,897|
|Other expenditure|||11|14,426||14,426|543|
|Total expenditure||||1,787,785||1,787,785|1,750,440|
|Net gains on investments|||12|33,071||33,071|4,216|
|Net income/(expenditure)||and net||||||
|movement
in funds||||224,204||224,204|(53,085)|
|Reconciliation
offunds||||||||
|Total funds brought|forward|||2,834,312|962|2,835,274|2,888,359|
|Total funds carried|forward|||3,058,516|962|3,059,478|2,835,274|
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|||||2020|2019|
|---|---|---|---|---|---|
||||Note|8||
|Fixed assets||||||
|Tangible fixed assets|||16|1,057,713|1,055,404|
|Investments|||17|833,632|800,561|
|||||1,891,345|1,855,965|
|Current assets||||||
|Stocks
Debtors
Investments
Cash at bank and in|hand||18
19
20|1,700
58,895
541,638
663,851|1,700
68,454
685,683
318,126|
|||||1,266,084|1,073,963|
|Creditors: amounts|falling|due within one year|22|97,951|94,654|
|Net current assets||||1,168,133|979,309|
|Total assets less current||liabilities||3,059,478|2,835,274|
|Net assets||||3,059,478|2,835,274|
|Funds ofthe charity||||||
|Restricted funds||||962|962|
|Unrestricted
funds||||3,058,516|2,834,312|
|Total charity funds|||25|3,059,478|2,835,274|
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|||||2020|2019|
|---|---|---|---|---|---|
||||Note|||
|Cash flows from operating|activities|||||
|Net income/(expenditure)||||224,204|(53,085)|
|Adjus/ments
for:||||||
|Depreciation
oftangible fixed assets||||24,322|21,311|
|Government
grant income||||(64,424)||
|Net gains on investments||||(33,071)|(4,216)|
|Dividends,
interest and rents|from investments|||(13,332)|(11,055)|
|Other interest receivable
and|similar income|||(8,571)|(10,583)|
|Loss on disposal oftangible fixed assets||||14,426|425|
|Accrued expenses||||21,376|1,215|
|Changesin:||||||
|Trade and other debtors||||9,559|52,767|
|Trade and other creditors||||(18,079)|7,768|
|Cash generated
from operations||||156,410|4,547|
|Interest received||||8,571|10,583|
|Net cash from operating
activities||||164,981|15,130|
|Cash flows from investing|activities|||||
|Dividends,
interest and rents|from investments|||13,332|11,055|
|Purchase oftangible assets||||(41,057)|(17,161)|
|Proceeds from sale oftangible assets|||||3,175|
|Purchases of other investments|||||(306,849)|
|Proceeds from sale ofother investments|||||4,216|
|Net cash used in investing
activities||||(27,725)|(305,564)|
|Cash flows from financing|activities|||||
|Government
grant income||||64,424||
|Net cash from financing
activities||||64,424||
|Net increase/(decrease)
in cash and cash||equivalents||201,680|(290,434)|
|Cash and cash equivalents|at beginning|ofyear||1,003,809|1,294,243|
|Cash and cash equivalents|at end ofyear||21|1,205,489|1,003,809|
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|value, over the useful econo|mic life ofthat asset as follow|s:|
|---|---|---|
|Freehold
property|3%reducing
balance||
|Fixtures and fittings|15%/20% Reducing|balance|
|Motor vehicles|25% reducing
balance||
|Equipment|15%/20% Reducing|balance|
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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|2020
6|Funds
f|2019
f|
|Grants|||||||
|Government|grant|income|64,424|64,424|||
||||533,457|533,457|117,964|117,964|
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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|2020|Funds|2019|
||||||f|6|
|Nursing|Home|Fees for Residential|||||
|Care|||1,367,943|1,367,943|1,376,267|1,376,267|
|Income|from Retreats||46,745|46,745|142,072|142,072|
|Convalescent||Guest Home fees|1,520|1,520|8,323|8,323|
||||1,416,208|1,416,208|1,526,662|1,526,662|
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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds
f|2020|Funds|2019
F|
|Fundraising|events||83|83|5,692|5,692|
|Guest House||Fees|4,883|4,883|18,910|18,910|
||||4,966|4,966|24,602|24,602|
|Investment|income||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2020|Funds|2019|
|||||6|||
|Rental income|||13,332|13,332|11,055|11,055|
|Bank interest||receivable|8,457|8,457|10,471|10,471|
|Other interest||receivable|114|114|112|112|
||||21,903|21,903|21,638|21,638|
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|Other|income|||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|||Funds||2020|Funds||2019|
|||||6|F|||
|Sundry|income|2,384||2,384|2,273||2,273|
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|Expenditu|re
on charitable
ac|tivities by fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2020|Funds|2019|
|||6||||
|Charitable|Activities|1,751,920|1,751,920|1,725,091|1,725,091|
|Support costs||21,439|21,439|24,806|24,806|
|||1,773,359|1,773,359|1,749,897|1,749,897|
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|||||Activities|||||
|---|---|---|---|---|---|---|---|---|
|||||undertaken|||Total funds|Total fund|
|||||directly|Support costs||2020|2019|
|||||||F||E|
||Charitable
Activities|||1,751,920|||1,751,920|1,725,091|
||Governance
costs|||||21,439|21,439|24,806|
|||||1,751,920||21,439|1,773,359|1,749,897|
|11.|Other expenditure||||||||
|||||Unrestricted|Total|Funds|Unrestricted|Total Funds|
|||||Funds||2020|Funds
f|2019|
||Loss on disposal oftangible fixed||||||||
||assets held for charity's||own use|14,426||14,426|425|425|
||Other expenditure|-Fundraising|||||118|118|
|||||14,426||14,426|543|543|
|12.|Net gains on investments||||||||
|||||Unrestricted|Total|Funds|Unrestricted|Total Funds|
|||||Funds
F||2020|Funds|2019
f|
||Gains/(losses)
on|listed investments||33,071||33,071|4,216|4,216|
|13.|Net income/(expenditure)||||||||
||Net income/(expenditure)||is stated after|charging/(crediting):|||||
||||||||2020|2019|
||||||||K||
||Depreciation
oftangible fixed assets||||||24,322|21,311|
||Loss on disposal oftangible fixed assets||||||14,426|425|
||Operating
lease rentals||||||23,498|25,410|
||Foreign exchange|differences|||||(204)|452|
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|Staffcosts|||||
|---|---|---|---|---|
|The total staff costs and|employee|benefits for the reporting|period are analysed as|follows:|
||||2020
f|2019
f|
|Wages and salaries|||1,073,644|1,138,416|
|Social security costs|||78,851||
|Employer
contributions|to pension|plans|43,235|33,868|
|Other employee
benefits|||2,560|3,779|
||||1,198,290|1,176,063|
|offull-time equivalent
emp|loyees
during the ye|
ar is analysed as follows:||
|---|---|---|---|
|||2020|2019|
|||No.|No.|
|Full Time equivalents||46|53|
|The number ofemployees|whose remuneration|for the year fell within the following|bands, were:|
|||2020|2019|
|||No.|No.|
|f60,000tof69,999|||1|
|f80,000 tof89,999||1||
|||1|1|
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|Tangible fixed assets||||||
|---|---|---|---|---|---|
||Freehold|Fixtures and|Motor|||
||property|fittings|vehicles
f|Equipment
6|Total
6|
|Cost||||||
|At 1 January 2020|1,465,283|300,202|53,717|149,050|1,968,252|
|Additions|37,493|||3,564|41,057|
|Disposals|(16,800)||||(16,800)|
|At 31December 2020|1,485,976|300,202|53,717|152,614|1,992,509|
|Depreciation||||||
|At 1 January 2020|470,630|297,861|26,999|117,358|912,848|
|Charge for the year|10,637|237|6,638|6,810|24,322|
|Disposals|(2,374)||||(2,374)|
|At 31 December 2020|478,893|298,098|33,637|124,168|934,796|
|Carrying
amount||||||
|At 31 December 2020|1,007,083|2,104|20,080|28,446|1,057,713|
|At 31 December 2019|994,653|2,341|26,718|31,692|1,055,404|
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|Investments||||
|---|---|---|---|
||Investment|Other||
||properties|investments|Total|
||E||6|
|Cost or valuation||||
|At 1 January 2020|472,546|328,015|800,561|
|Additions||||
|Fair value movements||33,071|33,071|
|At 31 December 2020|472,546|361,086|833,632|
|Impairment||||
|At 1 January 2020 and 31 December 2020||||
|Carrying
amount||||
|At 31 December 2020|472,546|361,086|833,632|
|At 31 December 2019|472,546|328,015|800,561|
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|18.|Stocks||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||||r||
||Raw materials||and|consumables|||1,700|1,700|
|19.|Debtors||||||||
||||||||2020|2019|
||||||||6||
||Trade debtors||||||39,723|45,446|
||Prepayments|and||accrued income|||10,749|23,008|
||Other debtors||||||8,423||
||||||||58,895|68,454|
|20.|Investments||||||||
||||||||2020|2019|
||||||||6|E|
||Short-term
deposits||||||541,638|685,683|
|21.|Cash and cash equivalents||||||||
||Cash and cash||equivalents|||comprise the following:|||
||||||||2020|2019|
||||||||6||
||Cash at bank|and||in hand|||663,851|318,126|
||Short-term
deposits||||||541,638|685,683|
||||||||1,205,489|1,003,809|
|22.|Creditors: amounts||||falling|due within one year|||
||||||||2020|2019|
||||||||6||
||Trade creditors||||||11,308|29,200|
||Accruals and|deferred|||income||77,933|56,557|
||Social security||and|other taxes|||8,710|8,897|
||||||||97,951|94,654|
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|Government|grants|grants||||
|---|---|---|---|---|---|
|The amounts|recognised
in the financial statements||for government|grants are as follows:
2020|2019
f|
|Recognised|in income from donations|and legacies:||||
|Government|grants income|||64,424||
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||||||||||At|
|---|---|---|---|---|---|---|---|---|---|
|||||At||||Gains and 31|December|
||||1|January 2020|Income|Expenditure||losses|2020|
||||||E||F|F|F|
|General funds
Community
Fund
Property
Improvements||||2,750,463
50,913
32,936|1,978,918||(1,787,785)|33,071|2,974,667
50,913
32,936|
|||||2,834,312|1,978,918||(1,787,785)|33,071|3,058,516|
||||||||||At|
|||||At||||Gains and 31|December|
||||1 January 2019||Income|Expenditure||losses|2019|
|||||F|||||F|
|General funds
Community
Fund
Property
Improvements||||2,803,548
50,913
32,936|1,693,139 (1,750,440)|||4,216|2,750,463
50,913
32,936|
|||||2,887,397|1,693,139 (1,750,440)|||4,216|2,834,312|
|Restricted||funds||||||||
||||||||||At|
|||||At||||Gains and 31|December|
||||1 January 2020||Income||Expenditure|losses|2020|
|||||E|||F|E|E|
|Sister Anne post
graduate
scheme||||962|||||962|
||||||||||At|
|||||At||||Gains and 31|December|
||||1 January 2019||Income||Expenditure|losses|2019|
|||||F|||E|||
|Sister Anne post
graduate
scheme||||962|||||962|
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