| 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 | 21 |
| Detailed Statement of Financial Activities | 22 | to | 23 |
| Trustees | Mrs S Feld |
|---|---|
| Mrs L Rossano | |
| Mr L Williams | |
| Principal address | Hamilton Court House |
| 1−3 Alum Chine Road | |
| Bournemouth | |
| Dorset | |
| BH4 8DT | |
| Registered charity number | 237191 |
| Accountants | TC Group |
| 10 Bridge Street | |
| Christchurch | |
| Dorset | |
| BH23 lEF | |
| Lawyers | Solomons Solicitors |
| Hamilton Court House | |
| 1−3 Alum Chine Road | |
| Bournemouth | |
| Dorset | |
| BH4 8DT |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | f | f | E | £ | |
| Income and endowments from | |||||
| Donations and legacies | 3 | 187,766 | 187,766 | 151,614 | |
| Charitable activities | 5 | ||||
| Providing care to residents | 507,200 | ||||
| Investment income | 4 | ||||
| Other income | 6 | 20,963 | |||
| Total | 187,766 | 187,766 | 679,777 | ||
| Expenditure on | |||||
| Raising funds | |||||
| Investment management costs | 7 | ||||
| Charitable activities | 8 | ||||
| Providing care to residents | 1,042,118 | ||||
| Other expenses | 32,556 | 32,556 | |||
| Total | 32,556 | 32,556 | 1,042,118 | ||
| Netgains/(losses) on investments | |||||
| NETINCOME/(EXPENDITURE) | 155,210 | 155,210 | (362,341) | ||
| Transfers between funds | |||||
| 155,210 | 155,210 | (362,341) | |||
| Reconciliation of funds | |||||
| Total funds brought forward | 376,540 | 376,540 | 738,881 | ||
| Total funds carried forward | 531,750 | 531,750 | 376,540 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| Notes | ||||
| Fixed assets | ||||
| Tangible assets | 14 | 540,000 | ||
| Investments | 15 | |||
| 540,000 | ||||
| Current assets | ||||
| Stocks | 16 | − | − | |
| Debtors | 17 | 565,659 | 565,659 | _ 25,420 |
| Cash at bank and in hand | 63,122 | 63,122 | 12,559 | |
| 628,781 | 628,781 | 37,979 | ||
| Creditors | ||||
| Amounts falling due within one year | 18 | (97,031) | (97,031) | (201,439) |
| Net current assets/ (liabilities) | 531,750 | 531,750 | (163,460) | |
| Total assets less current liabilities | 531,750 | 531,750 | 376,540 | |
| NET ASSETS | 531,750 | 531,750 | 376,540 | |
| Funds | 20 | |||
| Unrestricted funds | 531,750 | 376,540 | ||
| Restricted funds | ||||
| Total funds | 531,750 | 376,540 |
| Statement of Cash Flows | |||
|---|---|---|---|
| for the Year Ended 31 May 2022 | |||
| 2022 | 2021 | ||
| Notes | |||
| Cash flows from operating activities | |||
| Cash generated from operations | 1 | 50,563 | (225,172) |
| Net cash used in operating activities | 50,563 | (225,172) | |
| Cash flows from investing activities | |||
| Purchase of tangible fixed assets | (837) | ||
| Net cash provided by investing activities | (837) | ||
| Change in cash and cash equivalents in the | |||
| reporting period | 50,563 | (226,009) | |
| Cash and cash equivalents at the beginning | of | ||
| the reporting period | 12,559 | 238,568 | |
| Cash and cash equivalents at the end of the | |||
| reporting period | 63,122 | 12,559 |
| Reconciliation of net expenditure to net cash flo | w from operating activities | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Net income/(expenditure)for the reporting period (as per the Statement of | |||
| Financial Activities) | 155,210 | (362,341) | |
| Adjustments for: | |||
| Depreciation charges | |||
| (Gain)/losses on investments | |||
| Interest received | |||
| Disposal of property | 540,000 | ||
| Impairment of property | 15,670 | ||
| (Increase)/ decrease in debtors | (540,239) | 54,384 | |
| (Decrease)/ increase in creditors | (104,408) | 66,515 | |
| Decrease/(increase) in stock | 600 | ||
| Net cash used in operations | 50,563 | (225,172) | |
| Analysis of changes in net funds | |||
| At 1/6/21 | Cash flow | At31/5/22 | |
| £ | |||
| Net cash | |||
| Cash at bank and in hand | 12,559 | 50,563 | 63,122 |
| Total | 12,559 | 50,563 | 63,122 |
| Donations and legacies | ||
|---|---|---|
| 2022 | 2021 | |
| Donations | 35 | 21,144 |
| Legacies | 187,731 | 130,470 |
| 187,766 | 151,614 |
| 4. | Investment income | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| UK quoted investments | ||||
| Income from other investments | ||||
| Deposit account interest | ||||
| 5. | Income from charitable activities | |||
| 2022 | 2021 | |||
| Activity | ||||
| Fees for the provision of care | Providing care to residents | 446,049 | ||
| Grants | Providing care to residents | 61,151 | ||
| 507,200 | ||||
| Grants received, included in the | above, are as follows: | |||
| 2022 | 2021 | |||
| BCP Grants | 40,458 | |||
| HMRCJRS Grant | 20,693 | |||
| 61,151 | ||||
| 6. | Other income | |||
| 2022 | 2021 | |||
| Meals on wheels | 6,569 | |||
| Other income | 14,394 | |||
| 20,963 | ||||
| 7. | Investment management costs | |||
| 2022 | 2021 | |||
| £ | ||||
| Portfolio management |
| 8. | Charitable activities costs | |||||
|---|---|---|---|---|---|---|
| Support | ||||||
| Direct | costs (see | |||||
| Costs | note 9) | Totals | ||||
| £ | £ | £ | ||||
| Providing care to residents | ||||||
| 9. | Support costs | |||||
| Governance | ||||||
| Finance | Other | costs | Totals | |||
| £ | £ | £ | £ | |||
| Management of the charity and its assets | 192 | 17,184 | 15,180 | 32,556 | ||
| Support costs, included in the above, are as follows: | ||||||
| 2022 | 2021 | |||||
| Providing | ||||||
| care to | Total | |||||
| residents | activities | |||||
| E | £ | |||||
| Bank charges | 192 | 441 | ||||
| Bookkeeping fees | − | 8,470 | ||||
| Jewish Care loan reinstated | 25,000 | |||||
| Impairment losses for tangible fixed assets | − | 15,670 | ||||
| Accountants/Auditors remuneration | 15,180 | 9,780 | ||||
| Legal and professional fees | − | 15,341 | ||||
| Property related costs | 17,184 | |||||
| 32,556 | 74,702 | |||||
| 10. | Accountants/Auditors remuneration | |||||
| 2022 | 2021 | |||||
| £ | £ | |||||
| Fees payable to the charity's accountants (2022) and | auditors | (2021) in respect of | ||||
| the charity's financial statements | 15,180 | 9,780 |
| Staff costs | ||
|---|---|---|
| 2022 | 2021 | |
| E | ||
| Wages and salaries | 734,642 | |
| Social security costs | 27,755 | |
| Other pension costs | 8,850 | |
| 771,247 |
| 2022 | 2021 |
|---|---|
| 48 |
| Comparatives for the statement of financial activiti | es | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| fund | funds | funds | |
| £ | E | £ | |
| Income and endowments from | |||
| Donations and legacies | 141,584 | 10,030 | 151,614 |
| Charitable activities | |||
| Providing care to residents | 507,200 | 507,200 | |
| Investment income | |||
| Other income | 13,844 | 7,119 | 20,963 |
| Total | 662,628 | 17,149 | 679,777 |
| Expenditure on | |||
| Raising funds | |||
| Investment management costs | |||
| Charitable activities | |||
| Providing care to residents | 1,034,400 | 7,718 | 1,042,118 |
| Comparatives for the statement of financial activities | −continued | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| fund | funds | funds | |
| £ | f | f | |
| Total | 1,034,400 | 7,718 | 1,042,118 |
| Net gains/(losses) on investments | |||
| NET INCOME/(EXPENDITURE) | (371,772) | 9,431 | (362,341) |
| Transfer between funds | 29,298 | (29,298) | |
| (342,474) | (19,867) | (362,341) | |
| Reconciliation of funds | |||
| Total funds brought forward | 719,014 | 19,867 | 738,881 |
| Total funds carried forward | 376,540 | 376,540 | |
| Tangible fixed assets | |||
| Short | |||
| leasehold | Totals | ||
| Cost | • | ||
| At 1 June 2021 | 1,256,336 | 1,256,336 | |
| Disposals | (1,256,336) | (1,256,336) | |
| At 31 May 2022 | |||
| Depreciation | |||
| At 1 June 2021 | 716,336 | 716,336 | |
| Eliminated on disposal | (716,336) | (716,336) | |
| At 31 May 2022 | |||
| Net book value | |||
| At 31 May 2022 | |||
| At 31 May 2021 | 540,000 | 540,000 |
| 16. | Stocks | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Food and consumable stocks | |||
| I = = 1 |
C== | ||
| 17. | Debtors: amounts falling due within one year | ||
| 2022 | 2021 | ||
| Trade debtors | |||
| Other debtors | 25,659 | 25,420 | |
| Monies due in respect of the sale of the Care Home | 540,000 | ||
| Prepayments and accrued income | |||
| 565,659 | 25,420 | ||
| 18. | Creditors: amounts falling due within one year | ||
| 2022 | 2021 | ||
| Trade creditors | 5,264 | 11,328 | |
| Social security and other taxes | 87 | 22,030 | |
| Other creditors | 75,000 | 158,000 | |
| Accruals and deferred income | 16,680 | 10,081 | |
| 97,031 | 201,439 |
| Movement in funds | ||||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1/6/21 | in funds | Transfers | 31/5/22 | |
| Unrestricted funds | ||||
| General fund | 376,540 | 155,210 | 531,750 | |
| TOTAL FUNDS | 376,540 | 155,210 | 531,750 | |
| 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 | 187,766 | (32,556) | 155,210 | |
| TOTAL FUNDS | 187,766 | (32,556) | 155,210 |
| 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 | ||
| Comparative 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) | |
| , |
| fo | **r the Year Ended 31 May ** | 2022 | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| E | f | f | f | |
| Income and endowments | ||||
| Donations and legacies | ||||
| Donations | 35 | 35 | 21,144 | |
| Legacies | 187,731 | 187,731 | 130,470 | |
| 187,766 | 187,766 | 151,614 | ||
| Investment income | ||||
| UK quoted investments | ||||
| Income from other investments | ||||
| Deposit account interest | ||||
| Charitable activities | ||||
| Fees for the provision of care | 441,635 | |||
| Grants | 61,151 | |||
| 502,786 | ||||
| Other income | ||||
| Meals on wheels | 6,569 | |||
| Other income | 14,394 | |||
| 20,963 | ||||
| Total incoming resources | 187,766 | 187,766 | 675,363 | |
| Expenditure | ||||
| Investment management costs | ||||
| Portfolio management | ||||
| Charitable activities | ||||
| Wages | 734,642 | |||
| Social security | 27,755 | |||
| Pensions | 8,850 | |||
| Other operating leases | 10,156 | |||
| Rent, rates_and_ water | 3,365 | 3,365 | 1,608 | |
| Insurance | 13,494 | |||
| Light and heat | 5,118 | 5,118 | 27,497 | |
| Agency staff | • | 27,072 | ||
| Carried forward | 8,483 | 8,483 | 851,074 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Charitable activities | ||||
| Brought forward | 8,483 | 8,483 | 851,074 | |
| Catering costs | 33,055 | |||
| Residents expenses | 29,548 | |||
| Staff training | 2,465 | |||
| Cleaning and laundry | 8,862 | |||
| Office costs | 7,727 | 7,727 | 17,429 | |
| Maintenance of home | 974 | 974 | 18,151 | |
| Motor and travel | 8,463 | |||
| 17,184 | 17,184 | 969,047 | ||
| Support costs | ||||
| Finance | ||||
| Bank charges | 192 | 192 | 441 | |
| Other | ||||
| Bookkeeping fees | 8,470 | |||
| Jewish Care loan reinstated | 25,000 | |||
| Depreciation of tangible fixed assets | ||||
| Impairment losses for tangible fixed assets | 15,670 | |||
| 49,140 | ||||
| Governance costs | ||||
| Accountant/Auditors remuneration | 15,180 | 15,180 | 9,780 | |
| Legal and professional fees | 15,341 | |||
| 15,180 | 15,180 | 25,121 | ||
| Total resources expended | 32,556 | 32,556 | 1,043,749 | |
| Net income/(expenditure) before gains and losses | 155,210 | 155,210 | (368,386) | |
| Realised recognised gains and losses | ||||
| Realised gains/(losses) on fixed asset investments | ||||
| Net income/(expenditure) | 155,210 | 155,210 | (368,386) |