2023-03-31-accounts - Rest Haven

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Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2 to 4
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	6to9
Statement ofFinancial	Activities	10to 11
Balance Sheet		12
Cash Flow Statement		13
Notes to the Financial	Statements	14to 26

	Reference and	Reference and	Administrative	Administrative
Chairman		JEggleston
Trustees		JEggleston
		JChapple
		N Hearn
		D O'Loughlin
		JALRussell
		BRO Candlin
Senior Management	/ Leadership	TDenny, Manager
Team
Charity Registration	Number	250919
Principal Office		15Gussiford Lane
		Exmouth
		Devon
		EX82SD
Auditor		Thompson	Jenner LLP
		Statutory Auditors
		28 Alexandra		Terrace
		Exmouth
		Devon
		EX8 1BD
Solicitors		Everys
		Magnolia House
		Church Street
		Exmouth
		Devon
		EX8 1HW
Bankers		CAP Bank	Limited
		25 Kings Hill		Avenue
		Kings Hill
		West Mailing
		Kent
		ME194JQ

Statem	ent of	Financ	ial Activitie	s for the Per	iod from 1June	2022 to 31Ma	rch 2023
					Unrestricted	Restricted	Total
					funds	funds	2023
				Note
Income and Endowments			from:
Donations	and legacies				2,735	6,000	8,735
Charitable	activities				1,239,202		1,239,202
Investment	income				606		606
Total income					1,242,543	6,000	1,248,543
Expenditure on:
Charitable	activities				(1,191,050)	(2,798)	(1,193,848)
Governance	activities				(33,442)		(33,442)
Total expenditure					(1,224,492)	(2,798)	(1,227,290)
Gains/losses	on investment		assets		379		379
Net income					18,430	3,202	21,632
Net movement in funds					18,430	3,202	21,632
Reconciliation offunds
Total funds	brought	forward			1,074,407	7,420	1,081,827
Total funds	carried	forward		19	1,092,837	10,622	1,103,459

				Unrestricted	Restricted	Total
				funds	funds	2022
2022 Statement of	Financial Activities		Note
Income and Endowments		from:
Donations and legacies				82	68,136	68,218
Charitable activities				1,160,408		1,160,408
Investment income				13		13
Total income				1,160,503	68,136	1,228,639
Expenditure on:
Charitable activities				(1,095,873)	(60,716)	(1,156,589)
Governance activities				(23,435)		(23,435)
Total expenditure				(1,119,308)	(60,716)	(1,180,024)
Gains/losses on investment		assets		598		598
Net income				41,793	7,420	49,213
Net movement in funds				41,793	7,420	49,213
Reconciliation offunds
Total funds brought	forward			1,032,614		1,032,614
Total funds carried	forward		19	1,074,407	7,420	1,081,827

		Balan	ce Sheet as at	31March 2023
					2023	2022
				Note
Fixed assets
Tangible assets				12	1,001,880	994,631
Investments				13	16,278	15,899
					1,018,158	1,010,530
Current assets
Debtors				14	82,231	73,451
Cash at bank	and in hand			15	87,675	117,696
					169,906	191,147
Creditors: Amounts		falling due within	one year	16	(84,605)	119,850)
Net current	assets				85,301	71,297
Net assets					1,103,459	1,081,827
Funds ofthe	charity:
Restricted income funds
Restricted funds					10,622	7,420
Unrestricted	income	funds
Unrestricted	funds				1,092,837	1,074,407
Total funds				19	1,103,459	1,081,827

Cash Flow S	tat	ement for the Period fr	om 1June 202	2 to 31March 2	023
				2023	2022
			Note
Cash flows from operating		activities
Net cash income				21,632	49,213
Adjustments to cash flows from non-cash items
Depreciation				19,449	22,067
Investment income				(606)	(13)
Loss on disposal oftangible fixed assets				1,900	168
Revaluation ofinvestments				(379)	(598)
				41,996	70,837
Working capital adjustments
Increase in debtors			14	(8,780)	(15,026)
Decrease in creditors			16	(35,245)	7,002
Net cash flows &om operating		activities		2,029)	48,809
Cash flows from investing	activities
Interest receivable and similar		income	4	606	13
Purchase oftangible fixed	assets		12	(28,598)	(43,410)
Purchase ofinvestments			13		(1,000)
Net cash flows &om investing		activities		27,992	44,397)
Net (decrease)/increase in	cash and cash equivalents			(30,021)	4,412
Cash and cash equivalents	at	1 June		117,696	113,284
Cash and cash equivalents	at	31March		87,675	117,696

				Unrestricted
				funds	Restricted	Total
				General	funds	2023
Donations	and legacies;
Donations		irom	individuals	2,735		2,735
Grants, including			capital grants;
Grants	f'rom other charities				6,000	6,000
				2,735	6,000	8,735
				Unrestricted
				funds	Restricted	Total
				General	funds	2022
Donations	and legacies;
Donations		irom	individuals	82		82
Grants, including			capital grants;
Government		grants			58,136	58,136
Grants	from other charities				10,000	10,000
				82	68,136	68,218

				Unrestricted funds	Restricted funds	Total	Total
				General		2023	2022
Staff costs				916,189		916,189	886,182
Housekeeping				72,988		72,988	79,861
Cleaning costs				18,032		18,032	12,146
Staff uniforms				2,048		2,048	1,029
TI'alnnlg				4,471		4,471	907
Council tax				1,688		1,688	2,223
Water rates				9,827		9,827	12,513
Energy				28,424		28,424	33,507
Insurance				5,557		5,557	7,690
Repairs and renewals				74,079	94	74,173	62,673
Printing, stationery		and advertising		6,147		6,147	7,864
Telephone and postage				3,132		3,132	3,367
Television costs				586		586	547
Registration	costs			4,184		4,184	5,322
Sundries				2,425		2,425	1,460
Bank charges				68		68	101
Depreciation				16,745	2,704	19,449	22,067
(Profit) / loss	on disposal ofassets			1,900		1,900	168
Professional	fees			5,382		5,382	5,848
Computer and photocopier			costs	16,914		16,914	11,042
Travel and motor		expenses		264		264	72
				1,191,050	2,798	1,193,848	1,156,589

		Unrestricted
		funds	Restricted	Total	Total
		General	funds	2023	2022
Staffcosts
Wages and salaries		24,442		24,442	16,835
Audit fees
Audit ofthe financial	statements	4,200		4,200	4,200
Other fees paid to auditors		4,800		4,800	2,400
		33,442		33;442	23,435

Net incoming re	sources for the period include:
		2023	2022
Audit fees		4,200	4,200
Other non-audit	services	4,800	2,400
Loss on disposal	oftangible fixed assets	1,900	168
Depreciation of	fixed assets	19,449	22,067

The aggreg	ate payroll costs were as follows:
		2023	2022
Staffcosts	during the period were:
Wages and	salaries	804,526	733,583
Social security costs		65,087	57,009
Pension costs		36,489	36,008
Other staff	costs	34,529	76,417
		940,631	903,017
		Total	Total
		2023	2022
Allocation	ofstaff costs
Charitable	activities staff costs	916,189	886,182
Governance	activities staff costs	24,442	16,835
		940,631	903,017

charity during the period expressed as full time eq	uivalents was as follows:
	2023		2022
	No		No
Provision ofcare		43		36
Administration		2		1
Maintenance		2		2
		47		39

12 Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Total
Cost
At 1 June 2022	906,533	196,306	1,102,839
Additions		28,598	28,598
Disposals	(1,185
At 31March 2023	905,348	220,558	1,125,906
Depreciation
At 1 June 2022		108,208	108,208
Charge for the year		19,449	19,449
Eliminated on disposals		(3,631)	(3,631)
At 31March 2023		124,026	124,026
Net book value
At 31March 2023	905,348	96,532	1,001,880
At 31May 2022	906,533	88,098	994,631

13 Fixed asset investments
	2023	2022
Other investments	16,278	15,899
Other investments
	Listed
	investments	Total
Cost or Valuation
At 1 June 2022	15,899	15,899
Revaluation	379	379
At 31March 2023	16,278	16,278
Net book value
At 31March 2023	16,278	16,278
At 31May 2022	15,899	15,899

14 Debtors
	2023	2022
Trade debtors	50,733	47,323
Prep ayments	16,555	6,763
Other debtors	14,943	19,365
	82,231	73,451
15 Cash and cash equivalents
	2023	2022
Cash at bank	86,183	116,951
Other cash and cash equivalents	1,492	745
	87,675	117,696

16 Creditors: amounts falling due within one year
	2023	2022
Trade creditors	2,719	34,322
Other taxation and social security	15,275	15,838
Other creditors	40,563	37,626
Accruals	26,048	32,064
	84,605	119,850

Total future minimum lease payments under non-cancel	lable operating leases are as follows:
	2023	2022
Other
Within one year	7,128	6,696
Between one and five years	26,683	26,784
After five years	9,715	13,790
	43,526	47,270

19 Funds
					Other	Balance at
		Balance at 1	Incoming	Resources	recognised	31March
		June 2022	resources	expended	gains/(losses)	2023
Unrestricted	funds
General		1,074,407	1,242,543	(1,224,492)	379	1,092,837
Restricted funds		7,420	6,000	(2,798)		10,622
Total funds		1,081,827	1,248,543	(1,227,290)	379	1,103,459
					Other	Balance at
		Balance at 1	Incoming	Resources	recognised	31May
		June 2021	resources	expended	gains/(losses)	2022
Unrestricted	funds
General		1,032,614	1,160,503	(1,119,308)	598	1,074,407
Restricted funds			68,136	(60,716)		7,420
Total funds		1,032,614	1,228,639	(1,180,024)	598	1,081,827

		Unrestricted		Total funds at
		funds	Restricted	31March
		General	funds	2023
Tangible	fixed assets	991,258	10,622	1,001,880
Fixed asset investments		16,278		16,278
Current	assets	169,906		169,906
Current	liabilities	(84,605)		(84,605)
Total net assets		1,092,837	10,622	1,103,459
		Unrestricted		Total funds at
		funds	Restricted	31May
		General	funds	2022
Tangible	fixed assets	987,211	7,420	994,631
Fixed asset investments		15,899		15,899
Current	assets	191,147		191,147
Current	liabilities	119,850		(119,850)
Total net assets		1,074,407	7,420	1,081,827

21 Analysis ofnet funds
		Financing cash	At 31March
	At 1June 2022	flows	2023
Cash at bank and in hand	117,696	(30,021)	87,675
Net debt	117,696	(30,021)	87,675