## # # ## ## |CEO and Chairman's|Statement|Statement|||page|4| |---|---|---|---|---|---|---| |Trustees Report|||||page|6| |Main Activities|||||page|8| |Looking Forward|||||page|13| |Structure,
Governance||and Management|||page|14| |Financial
Review|||||page|16| |Statement ofTrustees'||Responsibilities|||page|19| |Independent
Advisors'||Report to the|||page|20| |Members ofQueen Elizabeth's|||Foundation|for||| |Disabled People||||||| |Group Balance Sheet|||||page|25| |Consolidated
Statement||of Financial Activities|||page|26| |Group Cash Flow Statement|||||page|27| |Notes to the Financial|Statements||||page|28| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |In common
with
all
providers
risks.
These include:|of health
an|d
care services,
QEF faces a number|of| |---|---|---|---| |Risk||Miti
ation|| |Impact ofa COVID-19 outbreak|in services|Established
controls mechanisms
would|limit| |||impact and prevent a cross service outbreak|| |Poor quality of care or risk to|safety|Ensure staff compliance
with training
and|| |||induction.
Have well embedded
operational|| |||processes,
up-to-date
policies and|| |||procedures.
Involve service users
in|| |||monitoring
and actively seek feedback from|| |||people who use our services. Clear and|| |||horough
reporting
to Care Quality and|| |||Safety committee
and visibility ofsenior|| |||managers
and trustees
in services. Ensure|| |||Health and Safety compliance
across all|| |||ervices and regulatory
compliance
in|| |||regulated
services.|| |orkforce —|difficulties|recruiting|Bethe place to work: continued
recruitment| |---|---|---|---| |and retaining|a skilled|workforce|process reviews, contract reviews,
pay and| |and associated
impact||on care|reward
reviews,
flexible working,
staff| ||||engagement,
career development
and| ||||ning opportunities.| |Management|ofthe F25m long term debt||he PPF Agreement
provides
for regular| |othe PPF, which replaced the defined|||performance
reports and update meetings| |benefit pension
deficit.|||as required.| |Failure toachieve financial balance|||Five year financial
plan including
service| |impacting
on|viability||restructuring.
Overseen
by Business| ||||Planning
and Development
Sub-Committee| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |COMPANY REGISTRA|TION|NO. 008|92013|||||| |---|---|---|---|---|---|---|---|---| |||||GROUP|||QEF|| |||||2021|2020|2021||2020| ||||Note|EOOO's|OOOO's|EOOO's||EOOO's| |FIXED ASSETS||||||||| |Tangible
Fixed Assets||||24,047|28,702|23,237||27,824| |Intangible
Fixed Assets
Investments||||(98)|(123)|1 030||1 030| |||||23,949|28,579|24,267||28,854| |CURRENT ASSETS||||||||| |Stocks||||80|111|||| |Debtors||||1,246|1,540|1,462||1,659| |Investments||||24|21|20||17| |Cash at bank and
in hand||||1 377|690|948||296| |||||2.727|2,362|2,430||1,972| |CURRENT UABILITIES||||||||| |Creditors - amounts
within one year|falling due||7|~2643|~2605|~3154||~3060| |NET CURRENT ASSETS||||84|~243|~724||~1088| |TOTAL ASSETS LESS||||||||| |CURRENT UABILmES||||24 033|28 336|23 543||27 766| |Creditors - amounts|falling due|||||||| |after more than one|year||21|(14,272)|(18,889)|(14,239)||(18,852)| |NET ASSETS including
scheme
liability||pension||9 761|9447|9 3D4||8 914| |ACCUMULATED
FUNDS||||||||| |Restricted
Funds|||9|668|800|316||800| |Unrestricted
Funds|||10|9 093|8 647|8 988||8 114| |Total Accumulated
Funds|||11|9 761|9 447|9 304||8 914| ## ## |CONSOLIDATED
STATEMENT OF FINANCIAL ACTIVITIES|CONSOLIDATED
STATEMENT OF FINANCIAL ACTIVITIES|CONSOLIDATED
STATEMENT OF FINANCIAL ACTIVITIES|CONSOLIDATED
STATEMENT OF FINANCIAL ACTIVITIES|CONSOLIDATED
STATEMENT OF FINANCIAL ACTIVITIES|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |INCORPORATING
THE INCOME AND EXPENDITURE ACCOUNT||||||AND STATEMENT OF RECOGNISED||||GAINS|AND LOSSES||| |FOR THE YEAR EAJDED 31 MARCH 202I|||||||||||||| |||||||2021||2021|2021||2020|2020|2020| |||Notes|||Unrestricted
f000's||Restricted
f000's||TOTAL
f000's|Unrestricted
f000's||Restricted
f000's|TOTAL
f000's| |INCOME|||||||||||||| |Donations||||||1,111||329|1,440||881|816|1,697| |Legacies||||||662|||662||436||436| |Commercial
Trading
Operations
Fundraising
Events||||||2,403
85||24|2,403
109||1,463
146|72|1,463
217| |Income from property||||||29|||29||28||28| |Investment
Income||||||4|||4||2||2| |Bank interest
receivable||||||1|||1||||| |Other||||||32|||32||||| |||||||4,327||353|4,680||2,956|888|3,844| |Incoming resources from charitable||activities:|||||||||||| |Neuro-Rehabilitation
Services||||||3,005|||3,005||2,395||2,395| |Independent
Living Sewices||||||3,303||271|3,574||3,342||3,342| |Mobility Services||||||188||638|826||213|524|737| |Accessible Aviatio n||||||15|||15||2||2| |Voluntary
Assoc. Surrey
Disabled|||4|||54|||54||59||59| |Medical Engineering
Resource|Unit||4|||267|||267||265||265| |Sutto n Shopmo bility|||4||||||||11||11| |QEF Devebpments|||||||||||||| |Other|||||||||||||3| |||||||6,832||909|7,741||6,290|524|6,814| |TOTAL OPERATING
INCOME||||||11,159||1,262|12,421||9,246|1,412|10,658| |EXPENDITURE|||||||||||||| |Raising funds:|||||||||||||| |Fundraising
and publicity costs||||||952||9|961||1,208|72|1,280| |Commercial
Trading Operatbns||||||2 267|||2 267||1444||1 444| |Total costs of raising
funds||||||3,219||9|3,228||2,652|72|2,724| |Charitable
activities:|||||||||||||| |Neuro-Rehabilitation
Services||||||2,760||403|3,163||1,142|1,507|2,649| |Independent
Living Services||||||3,714||283|3,997||3,988|30|4,018| |Mobility Services||||||149||639|788||288|532|820| |Accessible Aviation||||||57|||57||34|40|74| |Voluntary
Assoc. Surrey Disabled||||||55|||55||105|8|113| |Medical Engineering
Resource|Unit|||||499||59|558||340|206|546| |Sutton Shopmobility|||||||||||32||32| |QEF Devebpments|||||||||||2||2| |Other|||||||||||4||7| |Total charitable
expenditure||||||7,236||1,384|8,620||5,935|2,326|8,261| |TOTAL OPERATING
EXPENDITURE|||14|||10,455||1,393|11,848||8,587|2,398|10,985| |NET OPERATING (EXPENDITURE)/|||||||||||||| |INCOME BEFORE EXCEPTIONAL ITEMS||||||704||(131)|573||659|(986)|(327)| |Exceptional items:|||||||||||||| |Profit on sale of land and buikfings
Revaluation
of hnd and buildings|||||||||||1,025
2,578||1,025
2,578| |NET (EXPENDITURE)/INCOME||24||||704||(131|573||4,262|(986)|3,276| |Other recognised
gains and|losses||||||||||||| |Change
in discounting
of long term
loan||||||(259)||—|(259)||642||642| |Net Movement
in Funds||||||445||(131)|314||4,904|(986)|3,918| |Fund balances
brought
forward
Fund balances
carried forward|at 1 April 2020
at 31 March 2021|||||8,648
9,093||799
668|9,447
9,761||3,744
8,648|1,785
799|5,529
9,447| |The Statement
of Finandal|Activities|indudes|all|gains|and losses recognised
in the year.||||||||| |All incoming
resources and resources||expended||derive|from continuing|||activities.|||||| |A reconciliation
ofthe Net Movement||in Funds|to the in-year operational|||||performance
is shown|||in Note|26.|| ## |||||2021|2020| |---|---|---|---|---|---| |||||E.'000|E.'000| |Cash flows from operating|activities:||||| |Net cash used
in operating
activities||||(4,431)|3,147| |Income taxes paid|||||2| |||||4 431|3 145| |Cash flows from investing|activities:||||| |Investment
income and interest
received|||||| |Proceeds from disposal offixed asset investments|||||| |excluding
endowment
funds
Proceeds from disposal oftangible
fixed||assets||(4)
4,926|1,552
2,915| |Intangible
fixed asset|||||123| |Payments
to acquire tangible|fixed assets|||(554)|(8,399)| |Net cash provided
by investing
activities||||4 369|3807| |Financing activities:|||||| |Proceeds of new bank loans||||750|| |||||750|| |Net increase
in cash and cash equivalents||||687|(662)| |Cash and cash equivalents
at|beginning|ofyear||690|1,352| |Cash and cash equivalents|at end of|year||1 377|690| |Reconciliation
ofnet (expenditure)/||income to net cash flow from operating||activities|| |Net income including
endowments||||314|3,918| |Depreciatio n charges||||290|261| |Goodwill amortisation||||(25)|| |Taxation charged|||||| |Net gains on investments|||||| |Movement
in long term debt|from PPF|||(5,367)|(642)| |Movement
in defined
benefit|pension scheme||provision|(6)|(9)| |Revaluation
of land and biuldings|||||(2,578)| |Gain on disposal of fixed assets|||||(1,025)| |Investment
income||||(1)|(2)| |Increase
in stock
(Increase)/decrease
in debtors||||32
294|(1)
2,312| |Increase
in creditors||||38|914| |Net cash used
in operating|activities|||4 431|3 147| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Freehold|Freehold|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||Land lk|Leasehold||||||| |GROUP||||BuiMings
E'000's||Property
E'000's|Equipment
E'000's||Motor Vehkles
E'000's||Total
F.'000's|| |Cost at 1.4.20|||||27,789|64|3,361|||266||31,480| |Additio ns|||||256||295|||3||554| |Disposals|||||4,897|64|242|||11||5,214| |Revaluation
gain||||||||||||| |Cost at 31.3.21|||||23,148||3,414|||258||26,820| |Depreciation
at 1.4.20||||||64|2,471|||244||2,778| |Revaluation
adjustment||||||||||||| |Charge for year|||||||280|||10||290| |On disposals||||||64|221|||11||296| |Depreciation
at 31.3.21|||||||2,530|||243||2,772| |NET BOOK VALUE
NET BOOK VALUE|at
at|31.3.21
31.3.20|||23,148
27,789||884
891|||15
22||24,047
28,702| |||||Freehold||||||||| ||||||Land
BL|Leasehold||||||| |QEF||||BuBdings
E'000's||Property
E'000's|Equipment
E'000's||Motor Vehkles
E'000's||Total
E'000's|| |Cost at 1.4.20|||||27,235||2,453|||226||29,914| |Additio ns|||||259||224|||3||486| |Disposals|||||4,897||150|||11||5,058| |Cost at 31.3.21|||||22,597||2,527|||218||25,342| |Depreciation
at 1.4.20|||||||1,864|||226||2,090| |Charge for year|||||||175|||1||176| |On disposals|||||||150|||11||161| |Depreciation
at 31.3.21|||||||1,889|||216||2,105| |NET BOOK VALUE|at|31.3.21|||22,597||638|||||23 237| |NET BOOK VALUE|at|31.3.20|||27,235||589|||||27,824| |The charity has applied the existing use valuation|||||method|and used a previous|valuation|as the deemed cost for its||||| |freehold
property.|The properties||values were reviewed|||as at 31 March 2020|using recent||valuations,|provided|by|Hurst| |Warne and Christies||who are both|property|consultants.||||||||| ||INTANGIBLE||FIXED ASSETS|||||||||| |GROUP|||||||||Goodwill|||Total| ||||||||||E'000's||E'000's|| |Cost at 1.4.20||||||||||(123)||(123)| |Additions||||||||||||0| |Cost at 31.3.21||||||||||(123)||(123)| |Amortisation
at 1.4.20||||||||||||| |Charge for year
Amortisatlon
at 31.3.21||||||||||25
25||25
25| |NET BOOK VALUE
NET BOOK VALUE|at
at|31.3.21
31.3.20||||||||(98)
(123)||(98)
(123)| |EF|||||||||Goodwill|||Total| ||||||||||E'000's||E'000's|| ## ## ## ## ## ## ## ## |GROUP||| |---|---|---| ||2021
f'000's|2020
f'000's| |Listed Shares|23|20| |Deposits|1|1| ||24|21| |QEF||| ||2020
f'000's|2020
f'000's| |Listed Shares|19|16| |Deposits|1|1| ||20|17| ## |||||2021|2021||2020| |---|---|---|---|---|---|---|---| |||||E'000's|||E'000's| |VASD equipment|hire and sales||||1||25| |Income from property|||||15||33| |Grant Income|||||32||| |Gifts &donations|||||7||| ||||||55||66| |Cost ofsales|||||||6| ||||||55||60| |Cost of charitable||activities|||(53)||(104)| |Fundraising
and publicity costs|||||||0| |Governance
costs|||||||2| |Surplus
on ordinary||activities|||||46| |The assets and liabilities ofthe company at the end ofthe year, including||||intra-group|amounts,|were as follows:|| ||||2021||||2020| |||f.'000's|E'000's|||E'000's|E'000's| |Fixed Assets|||339||||340| |Current assets
Current
liabilities
Net Current assets
Pension Scheme
Liability
619
~10|||609
~31|||621
13|608
37| ||||917||||911| ## |||||2021|2020| |---|---|---|---|---|---| |||||E'000's|E'000's| |MERU equipment|sales|||267|265| |Grants||||92|| |Gifts &donations||||143|336| |||||502|601| |Cost ofsales||||114|108| |||||388|494| |Cost of charitable|activities|||(414)|(436)| |Fundraising
and publicity costs||||(35)|(83)| |Governance
costs||||2|2| |Surplus/(Deficit)|on ordinary|activities|34|63|28| ## |The assets and liabilities ofthe
follows:|company
at the end ofthe y|ear, including
intra-group|amounts,
were as|| |---|---|---|---|---| ||E'000's|2021
E'000's|f'000's|2020
E'000's| |Fixed Assets||196||268| |Current assets
Current
liabilities|273
~444||192
443|| |Net Current assets||(171)||251| |||25||17| ## |||||2021|2020| |---|---|---|---|---|---| |||||f.'000's|E'000's| |Incoming
resources
from charitable
Sale 5.Hire of Disability
Equipment
Gifts 5donations|||activities||11
10| ||||||21| |Cost ofsales|||||1| ||||||20| |Cost ofcharitable|activities||||22| |Surplus/(Deficit)|on|ordina ry activities|||| |were as|follows:||||| |---|---|---|---|---|---| ||||2021||2020| |||E'000's|E'000's|E'000's|f.'000's| |Fixed Assets|||0||0| |Current|assets|||0|| |Current|liabilities|||70|| |Net Current assets|||||70| ||||||70| ## ||||||GROUP||QEF|| |---|---|---|---|---|---|---|---|---| ||||||2021|2020|2021|2020| ||||||f.'000's|f.'000's|f.'000's|f.'000's| |Raw|materials|and|finished|goods|80|111||| ## |FOR THE|YEAR ENDED 31 MARCH 20|21||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||DEBTORS||||GROUP||||QEF|| ||||||2021|2020||2021||2020| |Amounts|falling due within one year||||E'000's|E'000's||E'000's||I'000's| |Trade Debtors|||||879|1,058|||816|928| |Amount|due from subsidiary
company||||0||||437|509| |Taxation|S.Social Security receivable||||5|96||||| |Other Debtors|||||44|51|||9|20| |Prepayments|||||265|203|||166|122| |Accrued|Income||||52|132|||33|80| ||||||1 246|1 540||1|462|1659| |The amounts
due from the subsidiary||company|are unsecured,||interest|free and payable|on|demand.||| |With the|exception of prepayments,|all debtors|are financial|instruments||and are measured||at present|value.|| ||CREDITORS|||||||||| ||||||GROUP||||QEF|| |Amounts
falling due within
one year|||||2021
E'000's|2020
E'000's||2021
E'000's||2020
E'000's| |Trade Creditors|||||619|1,285|||544|695| |Taxation|and Social Security
payable||||459|306|||433|283| |Amount|due to subsidiary
company||||||||835|821| |Other Creditors|||||913|226|||766|96| |Accruals|||||545|631|||511|1,071| |Deferred|income (see note 8)||||107|157|||65|93| ||||||2 643|2 605||3|154|3060| ## |DEFERRED INCOME -|Group and QEF|||| |---|---|---|---|---| ||Balance at 1|Incoming|Amount|Balance at 31| |2021|April2020
E'000's|Resources
E'000's|Released
I'000's|March 2021
E'000's| |Fundraising
events income|47|34|(47)|34| |Independent
Living Services|31|5|(31)|5| |Mobility Services|10|26|(10)|26| |Central Services
The Grange|5
53|38|(5)
(53)|38| |VASD Holiday Income|14|3|14|3| ||160|106|160|106| |2020|Balance at 1
April 2019
E'000's|Incoming
Resources
f'000's|Amount
Released
E'000's|Balance at 31
March 2020
E'000's| |---|---|---|---|---| |Fundraising
events income
Independent
Living Services|.43
50|47
31|(43)
(50)|47
31| |Mobility Services|13|10|(13)|10| |Central Services|5|5|(5)|5| |Canal Boat|3||(3)|| |The Grange||53||53| |VASD Holiday Income|19|14|19|14| ||133|160|133|160| ## |||||||Movement|Movement|in Funds|| |---|---|---|---|---|---|---|---|---|---| ||||||Balance at 1|Incoming|Expenditure||Balance at 31| ||||||April 2020|Resources|Gains and||March 2021| |2021|||||f'000's|f'000's||Losses
E'000's|K'000's| |Neuro- Reha bilitatio n Services|||||94|||(94)|| |CRC|||||179|234||(311)|102| |Independent
Living Services|||||67|303||(284)|86| |Mobility|Services||||126|639||(639)|126| |Accesible|Aviation||||||||| |Central Services|||||||||| |Voluntary|Assoc. Surrey||Disabled||330|5||(5)|330| |Medical Engineering||Resource||Unit||88||(68)|24| |Sutton Shopmobility|||||||||| ||||||800|1 269||1401|668| |revenue
projects th|at ha|ve m|ostly be|en spent
in the year.||||| |---|---|---|---|---|---|---|---|---| ||||||Movement||in Funds|| |||||Balance at 1|Incoming|Expenditure||Balance at 31| |||||April 2019|Resources|Gains and||March 2020| |2020|||||||Losses|| |||||E'000's|E'000's||E'000's|F'000's| |Neuro-Rehabilitation|Services|||131|52||(89)|94| |CRC||||1,099|498||(1,418)|179| |Independent
Living|Services|||95|2||(30)|67| |Mobility Services||||126|532||(532)|126| |Accesible Aviatio n|||||40||(40)|0| |Canal Boat||||||||0| |Central Services
Voluntary
Assoc. Surrey||Disabled||3
330|8||(3)
(8)|0
330| |Medical Engineering|Resource||Unit|2|280||(278)|4| |Sutton Shopmobility||||||||| |||||1786|1412||2 398|800| |NOTES|TO|THE|FINANCIAL|FINANCIAL|STATEMENTS (Contd)|STATEMENTS (Contd)|STATEMENTS (Contd)|STATEMENTS (Contd)||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |FOR THE YEAR|||ENDED 32||MARCH 2021|||||||| |10||||GENERAL||UNRESTRICTED FUNDS||||||| ||||||||||GROUP||QEF|| ||||||||||2021
f'000's|2020
f'000's|2021
f'000's|2020
f'000's| |Balance|brought||forward||||||8,647|3,743|8,114|3,308| |Net movement|||of|resources||in|the year||446|4 904|996|4 806| |Balance|carried||forward||||||9093|8 647|9 110|8 114| |||||ANALYSIS|||OF GROUP ASSETS BETWEEN FUNDS|||||| ||||||||Fixed|Net Current|Creditors|Total Funds|Pensions|Total 2021| ||||||||Assets|Assets|falling due||Deficit|| ||||||||||after more|||| |2021|||||||f'000's|F'000's|than 1year
f'000's|f'000's|f'000's|F'000's| |Restricted||funds|||||330|338||668||668| |Unrestricted||funds|||||23 619|257|14239|9 124|31|9093| ||||||||23 949|81|14239|9 792|31|9761| ||||||||Tangible|Net Current|Creditors|Total Funds ex|Pensions|Total 2020| ||||||||Fixed|Assets|falling due|Pensions|Deficit|| ||||||||Assets||after more|Deficit||| |2020|||||||f'000's|f'000's|than 1year
F.'000's|F'000's|f'000's|f'000's| |Restricted||funds|||||330|470||800||800| |Unrestricted||funds|||||28 249|713|18853|8 684|37|8 647| ||||||||28 579|243|18853|9484|37|9447| |12||||RECONCILIATION
OF MOVEMENT|||||IN FUNDS|||| ||||||||||GROUP||EF|| ||||||||||2021
f'000's|2020
f'000's|2021
f'000's|2020
f'000's| |Opening|funds||||||||9,447|5,529|8,914|4,762| |Net movements|||ofresources|||in the year|||314|3918|512|4 152| |Closing|funds||||||||9761|9447|9426|8914| |13||||GOVERNMENT
GRANTS||||||||| ## |||||Staff|Staff|Costs|Costs|Property|Depn.|Other|TOTAL 2021| |---|---|---|---|---|---|---|---|---|---|---|---| |2021|||||f'000's|||Costs
f'000's|f'000's|f'000's|f'000's| |Charitable
Activities||||||5,071||217|53|635|5,976| |Fundraising|||||||510|||165|675| |Trading|||||||513|430|6|72|1,021| |VASD|||||||25|11|2|2|40| |MERU|||||||283|63|92|124|562| |SSM|||||||||||| |Grange|||||||798|287|14|73|1 172| |DevCo|||||||||||| |Support Costs||||||1,104||427|123|707|2,361| |Governance||||||||||41|41| |TOTAL||||||8|304|1 435|290|1819|11847| |Resources expended||in the year include the following:|||||||||2021
f'000's| |Staff costs|||||||||||8,304| |Auditors
Remuneration:|||||||||||| |- Fees payabie for the|||external||audit||||||41| |Movement|in provision||||||||||| |—Fees payable for the|||internal||audit||||||| |Professiona|I liability insura|||nce|||||||| |(which
includes Trustees'
indemnity
Depreciation
of fixed assets|||||||insurance)||||290| |Operating
leases - hire of||||other|assets||||||| |||||Staff||Costs||Property|Depn.|Other|TOTAL 2020| |2020|||||f'000's|||Costs
f'000's|f'000's|f'000's|f'000's| |Charitable
Activities||||||4,814||619|46|574|6,053| |Fundraising|||||||474|||451|925| |Trading|||||||628|471|7|141|1,247| |VASD|||||||41|17|4|20|82| |MERU|||||||284|64|92|188|628| |SSM|||||||16|1|1|4|23| |Grange|||||||55|16|1|8|80| |DevCo|||||||||||| |Support Costs||||||1,143||(23)||679|1,910| |Governance||||||||||38|38| |TOTAL||||||7|456|1 165|261|2 103|10985| |Resources expended|||in the year include the following:||||||||2020
f'000's| |Staff costs|||||||||||7,456| |Audito rs Remune ratio|||n:||||||||| |—Fees payable for the external|||||audit||||||38| |Movement|in provision||||||||||| |—Fees payable for the internal|||||audit||||||| |Professional|liability
insurance||||||||||| |(which
includes Trustees'||||indemnity|||insurance)||||| |Depreciation|of fixed|assets|||||||||261| |15||ALLOCATION|OF SUPPORT|OF SUPPORT|COSTS AND PENSIONS|COSTS AND PENSIONS|COSTS AND PENSIONS|AD3USTMENT|| |---|---|---|---|---|---|---|---|---|---| |||Direct|Costs|||Shared||Pensions|TOTAL 2021| |2021||f'000's||f'000's||Services
f'000's||f'000's|f'000's| |Care S.|Rehabilitation||2,444||127||494|98|3,163| |Independent||Living|3,167||147||570|113|3,997| |Assisted|Aviation||45||2||8|2|57| |Mobility|Services||589||36||134|27|786| |Other|||||||||| |Fundra ising|||675||45||173|34|927| |Trading|||1,021||13||58||1,092| |VASD|||39||3||13||55| |MERU|||561||5||27||593| |SSM|||||||||| |Grange|||1,173||||||1,176| |QEF Developments|||||||||2| ||||9 714||378||1482|274|11848| |||Direct|Costs|||Shared||Pensions|TOTAL 2020| |2020||f'000's||f'000's||Services
f'000's||f'000's|f'000's| |Care S.|Rehabilitation||1,830||103||658|58|2,649| |Independent||Living|2,807||136||999|76|4,018| |Assisted|Aviatio n||74||||||74| |Mobility|Services||630||30||143|17|820| |Other|||7||||||7| |Fundraising|||925||44||203|25|1,196| |Trading|||1,247||25||88||1,361| |VASD|||82||5||26||113| |MERU|||628||||2||630| |SSM|||23||||7||32| |Grange|||80||||3||83| |QEF Developments|||||||2||2| ||||8 336||343||2 131|175|10985| ## ## |The average|number|of persons|employed|by QEF during the year was:|by QEF during the year was:||||| |---|---|---|---|---|---|---|---|---|---| |||||Full|time|Full time||Part time|Part time| ||||||2021|2020||2021|2020| |Care 5.Rehabilitation|||||26|24||20|29| |Independent|Living Services||||50|43||15|12| |Mobility Services|||||7|7||14|11| |Accesible Aviation||||||1||1|| |Central Services|||||21|24||3|| |Fundraising|8i Publicity||||14|10||2|| |QEF|||||118|109||55|62| |Commerical|Trading|Operations|||13|16||23|28| |VASD||||||||1|2| |MERU||||||6||3|4| |SSM||||||1|||1| |Grange|||||17|17||15|17| |GROUP|||||153|149||97|114| |||||GROUP|||QEF||| |Staff costs:||||2021
f'000's||2020
f'000's||2021
f'000's|2020
f'000's| |Salaries and|wages||||6,131|5,547||4,762|4,633| |Agency|||||1,423|1,192||1,306|1,189| |Social Security costs|||||511|480||432|424| |Defined benefit pension scheme|||costs||8|7|||| |Other pension scheme costs|||||5|8||5|8| |Defined contribution||pension costs|||207|206||166|166| |Health scheme|||||19|15||14|11| ||||||8 304|7 455||6 685|6 431| ## |
the QEF shops as well as|at our centres.||| |---|---|---|---| |The number ofemployees|earning E60,000 p.a.or more was:|2021|2020| |E60,000 - E69,999||3|3| |E70,000 - E79,999||2|1| |E100,000 - E109,999||1|| |E120,000 - E129,999|||| ## ## ## ## ## ## ## ## ## |During the year Queen
El
subsidiaries
as follows:|izabe|th
Fou|ndation
f|or Disabled
People|charged
management
fee|s to|its| |---|---|---|---|---|---|---|---| ||||||2021||2020| |The Voluntary
Association
for Surrey
Disabled
The Sutton Shopmobility
Charity
Company
Medical Engineering
Resource
Unit||||Ltd|16,056
31,136|ff
f|30,995
8,500
2,280| |QEF Trading
Ltd|||||70,952||115,276| |Included
within creditors at year end for Queen
balances
with subsidiaries:|Elizabeth|Foundation|for disable|d
people ar|e the|following| |---|---|---|---|---|---|---| |||||2021||2020| |QEF Trading
Ltd
QEF Developments
Limited
The Voluntary
Association
for Surrey
Disabled|Ltd|||140,315
9,466
572,491|f
f
f|224,063
596,605| |Included
within debtors at year end for Queen|Elizabeth|Foundation|for disabled|people are|the|following| |balances
with subsidiaries:||||||| |||||2021||2020| |Medical Engineering
Resource
Unit
QEF Developments
Limited
The Sutton Shopmobility
Charity
Company
The Grange (2016) Ltd||||349,512
69,843
8,488|ff
f
f|347,202
91,616
69,843| |During the Year, The Grange (2016) Ltd gave|QEF an intercompany||loan off122,558.|||| ## ## |26|RECO|NCILIATION
OF NET MOVEMENT IN|FUNDS|| |---|---|---|---|---| ||||2021
f'000's|2020
E'000's| |QEF Incoming|Resources||12,421|10,657| |QEF Resources|Expended||11848|10985| |QEF Operating|(Deficit)/|Surplus|573|(327)| |Other movements
in Funds|||(259)|4,245| |Net Movement|in Funds|on SOFA|314|3918| ##