| −Page | −Page | ||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Statement of Financial Position | 9 | ||
| Statement of Cash Flows | 10 | ||
| Notes to the Statement of Cash Flows | 11 | ||
| Notes to the Financial Statements | 12 | to | 22 |
| Detailed Statement of Financial Activities | 23 | to | 24 |
| Unrestricted | Restricted | • 2021 Total |
2020 Total |
||
|---|---|---|---|---|---|
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| Income and endowments from | |||||
| Donations and legacies | 3 | 141,584 | 10,030 | 151,614 | 136,678 |
| Charitable activities | |||||
| Providing care to residents | 507,200 | 507,200 | 913,963 | ||
| Investment income | 4 | − | 4,331 | ||
| Other income | 6 | 13,844 | 7,119 | 20,963 | 20,485 |
| Total | 662,628 | 17,149 | 679,777 | 1,075,457 | |
| Expenditure on | |||||
| Raising funds | |||||
| Investment management costs | 7 | 1,809 | |||
| 1,809 | |||||
| Charitable activities | 8 | ||||
| Providing care to residents | 1,034,400 | 7,718 | 1,042,118 | 1,446,796 | |
| Total | 1,034,400 | 7,718 | 1,042,118 | 1,448,605 | |
| Net gains/(losses) on investments | 14,481 | ||||
| NET INCOME/(EXPENDITURE) | (371,772) | 9,431 | (362,341) | (358,667) | |
| Transfers between funds | 29,298 | (29,298) | |||
| (342,474) | (19,867) | (362,341) | (358,667) | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 719,014 | 19,867 | 738,881 | 1,097,548 | |
| Total funds carried forward | 376,540 | − | 376,540 | 738,881 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| Notes | £ | E | £ | |
| Fixed assets | ||||
| Tangible assets | 14 | 540,000 | 540,000 | 554,833 |
| Investments | 15 | |||
| _ | ||||
| 540,000 | 540,000 | 554,833 | ||
| Current assets | ||||
| Stocks | 16 | − | 600 | |
| Debtors | 17 | 25,420 | 25,420 | 79,804 |
| Cash at bank_and in hand_ | 12,559 | 12,559 | 238,568 | |
| 37,979 | 37,979 | 318,972 | ||
| Creditors | ||||
| Amounts falling due within one year | 18 | (201,439) | (201,439) | (134,924) |
| Net current (liabilities) / assets | (163,460) | (163,460) | 184,048 | |
| Total assets less current liabilities | 376,540 | 376,540 | 738,881 | |
| NET ASSETS | 376,540 | 376,540 | 738,881 | |
| Funds | 20 | |||
| Unrestricted funds | 376,540 | 719,014 | ||
| Restricted funds | − | 19,867 | ||
| Total funds | 376,540 | 738,881 |
| 2021 | 2020 | ||
|---|---|---|---|
| Notes | |||
| Cash flows from operating activities | |||
| Cash generated from operations | 1 | (225,172) | (143,148) |
| Net cash used in operating activities | (225,172) | (143,148) | |
| Cash flows from investing activities | |||
| Purchase of tangible fixed assets | (837) | (1,954) | |
| Purchase of fixed asset investments | (17,618) | ||
| Sale of fixed asset investments | 264,053 | ||
| Cash movement on investments | |||
| Interest received | 6 | ||
| Dividends received | 4,325 | ||
| Net cash provided by investing activities | (837) | 248,812 | |
| Change in cash and cash equivalents in the | |||
| reporting period | (226,009) | 105,664 | |
| Cash and cash equivalents at the beginning of | |||
| the reporting period | 238,568 | 132,904 | |
| Cash and cash equivalents at the end of the | |||
| reporting period | 12,559 | 238,568 |
| Reconciliation of net expenditure to net cash flow | from operating activities | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Net expenditure for the reporting period (as per the Statement of Financial | |||
| Activities) | (362,341) | (358,667) | |
| Adjustments for: | |||
| Depreciation charges | 30,045 | ||
| (Gain)/losses on investments | (14,481) | ||
| Interest received | (6) | ||
| Dividends received | (4,325) | ||
| Impairment of property | 15,670 | 254,073 | |
| Decrease/(increase) in debtors | 54,384 | (39,004) | |
| Increase/(decrease) in creditors | 66,515 | (10,783) | |
| Decrease/(increase) in stock | 600 | ||
| Net cash used in operations | (225,172) | (143,148) | |
| Analysis of changes in net funds | |||
| At 1/6/20 | Cash flow | At 31/5/21 | |
| Net cash | |||
| Cash at bank and in hand | 238,568 | (226,009) | 12,559 |
| Total | 238,568 | (226,009) | 12,559 |
| Donations and legacies | ||
|---|---|---|
| 2021 | 2020 | |
| Donations | 21,144 | 91,211 |
| Legacies | 130,470 | 45,467 |
| 151,614 | 136,678, |
| 4. | Investment income | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| UK quoted investments | 3,501 | |||
| Income from other investments | 824 | |||
| Deposit account interest | 6 | |||
| 4,331 | ||||
| 5. | Income from charitable activities | |||
| 2021 | 2020 | |||
| Activity | £ | £ | ||
| Fees for the provision of care | Providing care to residents | 446,049 | 911,469 | |
| Grants | Providing care to residents | 61,151 | 2,494 | |
| 507,200 | 913,963 | |||
| Grants received, included in the | above, are as follows: | |||
| 2021 | 2020 | |||
| BCPGrants | 40,458 | |||
| HMRC JRS Grant | 20,693 | 2,494 | ||
| 61,151 | 2,494 | |||
| 6. | Other income | |||
| 2021 | 2020 | |||
| Meals on wheels | 6,569 | 6,868 | ||
| Other income | 14,394 | 13,617 | ||
| 20,963 | 20,485 | |||
| 7. | Investment management costs | |||
| 2021 | 2020 | |||
| Portfolio management | 1,809 |
| 8. | Charitable activities costs | ||||
|---|---|---|---|---|---|
| Support | |||||
| Direct | costs (see | ||||
| Costs | note 9) | Totals | |||
| f | £ | f | |||
| Providing care to residents | 967,416 | 74,702 | 1,042,118 | ||
| 9. | Support costs | ||||
| Governance | |||||
| Finance | Other | costs | Totals | ||
| £ | £ | f | f | ||
| Providing care to residents | 441 | 49,140 | 25,121 | 74,702 | |
| — | |||||
| Support costs, included in the above, are as follows: | |||||
| 2021 | 2020 | ||||
| Providing | |||||
| careto | Total | ||||
| residents | activities | ||||
| £ | £ | ||||
| Bank charges | 441 | 466 | |||
| Bookkeeping fees | 8,470 | 14,878 | |||
| Jewish Care loan reinstated / forgiven | 25,000 | (25,000) | |||
| Depreciation of tangible fixed assets | − | 30,045 | |||
| Impairment losses for tangible fixed assets | 15,670 | 254,073 | |||
| Accountants/auditors' remuneration | 9,780 | 12,000 | |||
| Legal and professional fees | 15,341 | 43,353 | |||
| 74,702 | 329,815 | ||||
| 10. | Accountants' remuneration | ||||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Fees payable to the charity's accountants (auditors 2020) | 9,780 | 12,000 | |||
| 11. | Trustees' remuneration and benefits |
| Staff costs | ||
|---|---|---|
| 2021 | 2020 | |
| Wages and salaries | 734,642 | 724,160 |
| Social security costs | 27,755 | 44,177 |
| Other pension costs | 8,850 | 10,456 |
| 771,247 | 778,793 |
| 2021 | 2020 |
|---|---|
| 48 | 48 |
| Comparatives for the statement of financial activiti | es | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| fund | funds | funds | |
| £ | £ | £ | |
| Income and endowments from | |||
| Donations and legacies | 98,471 | 38,207 | 136,678 |
| Charitable activities | |||
| Providing care to residents | 913,963 | 913,963 | |
| Investment income | 4,331 | 4,331 | |
| Other income | 6,936 | 13,549 | 20,485 |
| Total | 1,023,701 | 51,756 | 1,075,457 |
| Expenditure on | |||
| Raising funds | |||
| Investment management costs | 1,809 | 1,809 | |
| 1,809 | 1,809 | ||
| Charitable activities | |||
| Providing care to residents | 1,406,268 | 40,528 | 1,446,796 |
| 13. | Comparatives for the statement of | financial activiti | es −continued | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| fund | funds | funds | ||||
| E | £ | £ | ||||
| Total | 1,408,077 | 40,528 | 1,448,605 | |||
| Net gains/(losses) on investments | ' 14,481 | 14,481 | ||||
| NET INCOME/(EXPENDITURE) | (369,895) | 11,228 | (358,667) | |||
| Reconciliation of funds | ||||||
| Total funds brought forward | 1,088,909 | 8,639 | 1,097,548 | |||
| Total funds carried forward | 719,014 | 19,867 | 738,881 | |||
| 14. | Tangible fixed assets | |||||
| Fixtures | ||||||
| Short | and | Motor | Computer | |||
| leasehold | fittings | vehicles | equipment | Totals | ||
| £ | £ | £ | £ | £ | ||
| Cost | ||||||
| At 1 June 2020 | 1,256,336 | 188,250 | 30,729 | 801 | 1,476,116 | |
| Additions | − | 837 | 837 | |||
| Disposals | (189,087) | (30,729) | (801) | (220,617) | ||
| At 31 May 2021 | 1,256,336 | 1,256,336 | ||||
| Depreciation | ||||||
| At 1 June 2020 | 716,336 | 174,931 | 29,816 | 200 | 921,283 | |
| Charge for year | − | |||||
| Impairments | 14,156 | 913 | 601 | 15,670 | ||
| Disposals | (189,087) | (30,729) | (801) | (220,617) | ||
| At 31 May 2021 | 716,336 | 716,336 | ||||
| Net book value | ||||||
| At 31 May 2021 | 540,000 | 540,000 | ||||
| At 31 May 2020 | 540,000 | 13,319 | 913 | 601 | 554,833 |
| 16. | Stocks | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Food and consumable stocks | 600 | ||
| 1==1 | |||
| 17. | Debtors: amounts falling due within one year | ||
| 2021 | 2020 | ||
| Trade debtors | 52,034 | ||
| Other debtors | 25,420 | 2,615 | |
| Prepayments and accrued income | 25,155 | ||
| 25,420 | 79,804 | ||
| 18. | Creditors: amounts falling due within one year | ||
| 2021 | 2020 | ||
| Trade creditors | 11,328 | 56,510 | |
| Social security and other taxes | 22,030 | 8,564 | |
| Other creditors | 158,000 | 54,885 | |
| Accruals and deferred income | 10,081 | 14,965 | |
| 201,439 | 134,924 |
| 2021 | 2020 | |
|---|---|---|
| Within one year | 8,385 | |
| Between one and five years | ||
| 8,385 |
| Movement in funds | ||||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1/6/20 | in funds | Transfers | 31/5/21 | |
| Unrestricted funds | ||||
| General fund | 719,014 | (371,772) | 29,298 | 376,540 |
| Restricted funds | ||||
| Other restricted funds under £500 | 3,314 | (3,314) | ||
| Resident pocket money | 5,376 | (49) | (5,327) | |
| Resident outgoings grant | 1,324 | (1,324) | ||
| Staff fund | 3,824 | (500) | (3,324) | |
| Massage Chair | 901 | (901) | ||
| Computer | 240 | (240) | ||
| Blinds and Ramp | 896 | (896) | ||
| CCTV | 3,591 | (3,591) | ||
| IPAD | 401 | − | (401) | |
| Equipment | − | 628 | (628) | |
| Personal Protective Equipment | 100 | (100) | ||
| Activities | 9,252 | (9,252) | ||
| 19,867 | 9,431 | (29,298) | ||
| TOTAL FUNDS | 738,881 | (362,341) | 376,540 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Gains and | Movement | |
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 662,628 | (1,034,400) | (371,772) | |
| Restricted funds | ||||
| Meals on Wheels | 6,569 | (6,569) | ||
| Resident pocket money | 550 | (599) | (49) | |
| Staff fund | 50 | (550) | (500) | |
| Equipment | 628 | 628 | ||
| Personal Protective Equipment | 100 | 100 | ||
| Activities | 9,252 | 9,252 | ||
| 17,149 | (7,718) | 9,431 | ||
| TOTAL FUNDS | 679,777 | (1,042,118) | (362,341) |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/6/19 | in funds | 31/5/20 | |
| Unrestricted funds | |||
| General fund | 1,088,909 | (369,895) | 719,014 |
| Restricted funds | |||
| Other restricted funds under £500 | 606 | 2,708 | 3,314 |
| Resident pocket money | 5,316 | 60 | 5,376 |
| Resident outgoings grant | − | 1,324 | 1,324 |
| Staff fund | − | 3,824 | 3,824 |
| Massage chair | 1,202 | (301) | 901 |
| Computer | 320 | (80) | 240 |
| Blinds and Ramp | 1,195 | (299) | 896 |
| COV | − | 3,591 | 3,591 |
| IPAD | 401 | 401 | |
| 8,639 | 11,228 | 19,867 | |
| TOTAL FUNDS | 1,097,548 | (358,667) | 738,881 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| f | f | f | f | |
| Unrestricted funds | ||||
| General fund | 1,023,701 | (1,408,077) | 14,481 | (369,895) |
| Restricted funds | ||||
| Meals on Wheels | 6,868 | (6,868) | ||
| Other restricted funds under £500 | 2,833 | (125) | 2,708 | |
| Resident pocket money | 6,681 | (6,621) | 60 | |
| Resident outgoings grant | 2,000 | (676) | 1,324 | |
| Passover | 250 | (250) | − | |
| Staff fund | 12,038 | (8,214) | 3,824 | |
| Massage Chair | (301) | (301) | ||
| Equipment | 575 | (575) | ||
| Computer | (80) | (80) | ||
| Blinds and Ramp | − | (299) | (299) | |
| Personal Protective Equipment | 12,059 | (12,059) | ||
| Sofa | 1,129 | (1,129) | ||
| CCTV | 4,788 | (1,197) | 3,591 | |
| Aircon | 1,500 | (1,500) | ||
| Garden party | 150 | (150) | ||
| Activities | 350 | (350) | ||
| IPAD | 535 | (134) | 401 | |
| 51,756 | (40,528) | 11,228 | ||
| TOTAL FUNDS | 1,075,457 | ,(1,448,605) | 14,481 | (358,667) |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | |
| Income and endowments | ||||
| Donations and legacies | ||||
| Donations | 11,114 | 10,030 | 21,144 | 91,211 |
| Legacies | 130,470 | 130,470 | 45,467 | |
| 141,584 | 10,030 | 151,614 | 136,678 | |
| Investment income | ||||
| UK quoted investments | 3,501 | |||
| Income from other investments | 824 | |||
| Deposit account interest | 6 | |||
| 4,331 | ||||
| Charitable activities | ||||
| Fees for the provision of care | 446,049 | 446,049 | 911,469 | |
| Grants | 61,151 | 61,151 | 2,494 | |
| 507,200 | 507,200 | 913,963 | ||
| Other income | ||||
| Meals on wheels | 6,569 | 6,569 | 6,868 | |
| Other income | 13,844 | 550 | 14,394 | 13,617 |
| 13,844 | 7,119 | 20,963 | 20,485 | |
| Total incoming resources | 662,628 | 17,149 | 679,777 | 1,075,457 |
| Expenditure | ||||
| Investment management costs | ||||
| Portfolio management | 1,809 | |||
| Charitable activities | ||||
| Wages | 734,642 | 734,642 | 724,160 | |
| Social security | 27,755 | 27,755 | 44,177 | |
| Pensions | 8,850 | 8,850 | 10,456 | |
| Other operating leases | 10,156 | 10,156 | 9,814 | |
| Rent, rates and water | 1,608 | 1,608 | 9,030 | |
| Insurance | 13,494 | 13,494 | 10,729 | |
| Light and heat | 27,497 | 27,497 | 36,185 | |
| Agency staff | 27,072 | 27,072 | 67,251 | |
| Carried forward | 851,074 | 851,074 | 911,802 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Charitable activities | ||||
| Brought forward | 851,074 | 851,074 | 911,802 | |
| Catering costs | 26,486 | 6,569 | 33,055 | 71,586 |
| Residents expenses | 28,294 | 599 | 28,893 | 44,567 |
| Staff training | 2,465 | − | 2,465 | 4,627 |
| Cleaning and laundry | 8,862 | 8,862 | 23,718 | |
| Office costs | 16,488 | 550 | 17,038 | 16,492 |
| Maintenance of home | 17,566 | 17,566 | 42,195 | |
| Motor and travel | 8,463 | 8,463 | 1,994 | |
| 959,698 | 7,718 | 967,416 | 1,116,981 | |
| Support costs | ||||
| Finance | ||||
| Bank charges | 441 | 441 | 466 | |
| Other | ||||
| Bookkeeping fees | 8,470 | 8,470 | 14,878 | |
| Jewish Care loan reinstated / forgiven | 25,000 | 25,000 | (25,000) | |
| Depreciation of tangible fixed assets | − | − | 30,045 | |
| Impairment losses for tangible fixed assets | 15,670 | 15,670 | 254,073 | |
| 49,140 | 49,140 | 273,996 | ||
| Governance costs | ||||
| Accountants/auditors' remuneration | 9,780 | 9,780 | 12,000 | |
| Legal and professional fees | 15,341 | 15,341 | 43,353 | |
| 25,121 | 25,121 | 55,353 | ||
| Total resources expended | 1,034,400 | 7,718 | 1,042,118 | 1,448,605 |
| Net expenditure before gains and losses | (371,772) | 9,431 | (362,341) | (373,148) |
| Realised recognised gains and losses | ||||
| Realised gains/(losses) on fixed asset investments | 14,481 | |||
| Net expenditure | (371,772) | 9,431 | (362,341) | (358,667) |