| CEOand Chairman'sStatement | page4 |
|---|---|
| TrusteesReport | page7 |
| MainActivities | pageI |
| LookingForuvard | page12 |
| Structure,Governanceand Management | page13 |
| FinancialReview | page16 |
| Statement of Trustees'Responsibilities | page19 |
| lndependent Advisors'Reporttothe | page 20 |
| Members of QueenElizabeth's Foundationfor | |
| Disabled People | |
| Group BalanceSheet | page 25 |
| ConsolidatedStatementofFinancial Activities | page 26 |
| GroupCashFlow Statement | page 27 |
| NotestotheFinancial Statements | page 28 |
| lncommonwithallprovidersofhealtha risks.These include: |
nd careservices,QEFfacesanumber of |
|---|---|
| Risk | lMitiqation |
| Poor qualityofcareorrisktosafety | nsure staff compliancewith trainingand |
| nduction. Continuallydevelopoperational | |
| policiesandprocedures to | |
| sure bestpractice.Involveserviceusers | |
| n monitoring andactivelyseekfeedback | |
| m peoplewhouse ourservices.Clear | |
| dthoroughreportingtoCare Quality | |
| d Safety committee andvisibility of | |
| ior managers andtrusteesinservíces. | |
| ure Health and Safety compliance | |
| all servicesandregulatory | |
| ancein regulated services. |
| Workforce-difficultiesrecruiting | ruitment andretentionplandeveloped |
|---|---|
| and retaininga skilledworkforce | cusing oncompetitivepaystructure, |
| andassociatedimpactoncare | ployee healthand wellbeing |
| Managementofthe[25mlongtermdebt | ePPFAgreementprovidesfor regular |
| tothePPF,whichreplacedthedefined | ncereports and update meetings |
| benefit pension deficit. | required |
| Failuretoachievefinancialtargets | ing and sensitivityanalysisis |
| impactingonviability | ndertaken throughout theyear.The five |
| arfinancialplanisoverseenbythe | |
| Riskofa cyberattackcould resultinadata breach ortheintroductionofransomware |
lOngoingphishing landtraining inpla awareness campargns cetoraiseawareness |
| landminimiserisk of an attack succeeding |
|
| Abusiness recoveryplaceis inplacein | |
| the eventthisoccurs. |
| GROUP | QEF | ||||
|---|---|---|---|---|---|
| Restated | |||||
| 2023 | 2022 | 2l)23 | 2022 | ||
| Note | €OOO's | €OOO's | fOOO's | €OOO's | |
| FD(EDASSETS | |||||
| Tangible FixedAssets IntangibleFixedAssets |
2 3 |
23,688 (4e) |
23,790 (74) |
23,270 | 23,3Lt |
| Investments | 4 | 23,639 | 23,7 16 | 1 030 24,300 |
030 24,34L 1 |
| CURRENT ASSETS | |||||
| Stock and AssetsHeldforResale | 5 | 423 | 426 | ||
| Debtors | 6 | 2,22t | L,692 | 2,265 | 1,636 |
| Investments | 4 | 34 | 33 | 27 | 27 |
| Cashatbank andin hand | 1,603 | 1,580 | 855 | 1,001 | |
| 4,28L | 3,73r | 3,t47 | 2,664 | ||
| CURRENTLIABILMES | |||||
| Creditors-amountsfalling due within oneyear |
7 | (2,770) | (2,9ss) | (3,155) | (3,24t| |
| NET CURRENT ASSETS | 1,511 | 776 | (8) | (s77) | |
| TOTALASSETSLESS | |||||
| CURRENTLIABILMES | 25 150 | 24,492 | 24,292 | 23,764 | |
| Creditors-amountsfalling due after more thanoneyear |
(13,157) | (13,607) | (13,051) | (13,601) | |
| NETASSETSincludingpension schemeliability |
11,993 | 10,885 | 11 24t | 10,163 | |
| ACCUMULATEDFUNDS | |||||
| UnrestrictedFunds | 10 | rl,705 | l0,L7o | LO,967 | 9,826 |
| RestrictedFunds | 9 | 288 | 7L5 | 274 | 337 |
| Total AccumulatedFunds | 11 | 11 993 | 10,885 | LL,24L | 1q¿9.¡ |
| FORTHEYEARENDED31MARCH2023 | |||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | ||
| Notes | Unrestricted cooo's |
Restr¡cted ÊOOO's |
TOTALUnrestr¡ctedRestr¡cted €OOO's€OOO's€OOO's |
TOTAL €OOO's |
|||
| INCOME | |||||||
| Donations | 787 | 376 | 1,163 | 1,161 | 456 | L,6t7 | |
| Legacies | 703 | 703 | 799 | 799 | |||
| Commercial Trading Operations | 2,665 | 2,665 | 2,622 | 2,622 | |||
| Fundraising Events | to2 | 133 | 235 | 188 | 120 | 308 | |
| Incomefromproperty | 20 | 20 | 28 | 28 | |||
| InvestmentIncome | 1 | I | 11 | 11 | |||
| Other | 3 4,281 |
509 | 3 4,790 |
37 4,846 |
576 | 37 5,422 |
|
| Incomingresourcesfromcharitab¡e act¡v¡t¡es: | |||||||
| CareandRehabilitationCentre | 4,981 | 2 | 4,983 | 4,5L9 | 56 | 4,575 | |
| IndependentLiving Services | 3,713 | 2 | 3,715 | 3,230 | 75 | 3,305 | |
| MobilityServices | 2L7 | 7t3 | 930 | 168 | 651 | 819 | |
| Voluntary Assoc, SurreyDisabled | 44 | 44 | |||||
| Medical Engineering Resource Unit | 30 | t74 | 204 | 267 | 267 | ||
| 8,941 | 891 | 9,832 | 8,228 | 782 | 9,010 | ||
| TOTALOPERATING INCOME | 13,222 | 1,400 | L4,622 | L3,074 | 1,358 | L4,432 | |
| EXPENDITURE | |||||||
| Raisingfunds: | |||||||
| Fundraisingandpublicitycosts | 743 | 56 | 799 | 1,015 | 22 | L,037 | |
| Commercial TradingOperations Total costsofraising funds |
2,35L 3,094 |
56 | 2,35r 3,150 |
2,33L 3,346 |
22 | 2,33L 3,368 |
|
| Charitableactivities: | |||||||
| CareandRehabilitationCentre | 4,364 | 420 | 4,784 | 4,L92 | 266 | 4,458 | |
| IndependentLiving Services | 4,180 | 60 | 4,240 | 3,849 | 183 | 4,032 | |
| Mob¡lity Services | 267 | 737 | t,004 | 319 | 666 | 985 | |
| Accessible Aviat¡on | 40 | 40 | |||||
| Voluntary Assoc. SurreyDisabled | 35 | 35 | 46 | 46 | |||
| Medical Eng¡neering Resource Unit | 28L | 224 | 505 | 4L3 | 169 | 582 | |
| SuttonShopmobility | (70) | (70) | |||||
| QEFDevelopments | 4 | 4 | 2 | 2 | |||
| Other Total charitable expenditure |
9,131 | L,44L | L0,572 | (s) 8,786 |
5 L,289 |
10,075 | |
| TOTALOPERATING EXPENDITURE | I4 | L2,225 | t,497 | L3,722 | L2,L32 | 1,311 | 13,443 |
| NET(EXPENDITURE)/INCOME | 26 | 997 | (97) | 900 | 942 | 47 | 989 |
| Otherrecognised gains and losses | |||||||
| Changeindiscountingoflongtermloan | 208 | 208 | 135 | 135 | |||
| Transfer between funds | 9 | 330 | (330) | ||||
| NetMovementin Funds | 1,535 | (427) | 1,108 | !,077 | 47 | L,L24 | |
| Fund balancesbroughtforwardat1April | 2022 | L0,L70 | 7t5 | 10,885 | 9,093 | 668 | 9,76L |
| Fund balancescarriedforward at 31March2023 | Lt,705 | 288 | 11,993 | L0,t7o | 7L5 | 10,885 |
| CONSOLIDATED CASHFLOW STATEMENT FORTHEYEAR ENDED31 2023 |
||
|---|---|---|
| 2023 | 2022 | |
| €'ooo | €'ooo | |
| Cashflowsfromoperating activities: Net cash usedinoperating activities |
5t2 | L,076 |
| Incometaxespaid | 5L2 | l-076 |
| Cashflowsfrominvestingact¡v¡t¡es¡ | ||
| Investmentincome and interestreceived | ||
| Proceedsfromdisposaloffixed assetinvestments Proceedsfromdisposaloftangible fixed assets Paymentstoacquire tangible fixed assets |
(1e1) 1 |
(e) 44 (402) |
| Net cash providedbyinvestingact¡v¡ties | l1gol | (?â7| |
| Cashflow fromfinancing activities: | ||
| Loancapitalrepayments | (299) | (s06)* |
| Net cashflowfromfinancing activities | t299) | t506) |
| Net¡ncrease in cash and cashequivalents Cashand cash equivalentsatbeginningof year |
23 1,580 |
203 L,377 |
| Cash and cashequivalents atendofyear | 1.603 | 1.580 |
| Reconciliationof net(expenditure)/incometonetcashflowfromoperatingactivities | ||
| Net¡ncome includingendowments | 1,108 | L,r24 |
| Depreciation charges Goodwillamortisation |
293 (2s) |
311 (2s) |
| Taxation charged | ||
| Netgainson investments Discountingadjustment onloantermloan Movementindefined benefitpensionschemeprovision |
(208) (2) |
(135)x (2s) |
| Revaluationofland andbuildings Transferfromfixedassetstoassetsheldforsale Investmentincome |
(330) (1) |
(-) |
| Increaseinstock | 3 | (16) |
| (Increase)/decreaseindebtors Increase/(decrease)increditors |
(1ee) (t27) |
(446) 2BBX |
| Net cashusedinoperat¡ng activities | 5t2 | r.076 |
| Analysis of changesinnet funds- group | |||
|---|---|---|---|
| tApril2022 € |
Acquisitions Othernon. and cash31March disposalschanges2023 Ê€ÊÊ Cash flows |
||
| Cashatbank and inhand | 1,580 | 2L3 (1e0) 1,603 |
|
| Bankoverdrafts | |||
| 1,580 | 213 (1e0) - 1,603 |
||
| Borrowings excludingoverdrafts | (14.342) (1?7î)| |
299 208(13.835) 512 t10nì )o9(1))?)| |
| Freeho¡d | ||||||
|---|---|---|---|---|---|---|
| Land& | Leasehold | Motor | ||||
| GROUP | BuiHings | Propefi | Equ¡pment | vehicles | Total | |
| €'O00's | Ê'OOO's | €'O0O's | c'oo0's | €'OO0's | ||
| Costat01.04.22 | 23,026 | 3,557 | 256 | 26,839 | ||
| Additions | T4 | t62 | 15 | 191 | ||
| D¡sposals/Reallocat¡ons | (2) | (2) | ||||
| Revaluationgain Costat31,03.23 |
23,040 | - |
3,717 | 27L | 27,028 | |
| Depreciationat01-04.22 Chargeforyear |
2,812 278 |
237 15 |
3,049 293 |
|||
| On disposals | ||||||
| Depreciat¡onat31.03.23 | ||||||
| NET BOOK VALUEat31.03.23 | 23,040 | 629 | 19 | 23,688 | ||
| NET BOOK VALUEat3L.03,22 | 23,026 | 745 | 19 | 23,790 |
| Restated | |||||
|---|---|---|---|---|---|
| Fr€ehold | |||||
| Land& | Leasehold | Motor | Restated | ||
| QEF | Buildings €'O0O's |
Property €'O0O's |
Equipment Ê'OOO's |
vehicles f'OO0's |
Total Ê'O00's |
| Costat1.4.22 Additions |
22,769 l4 |
2,6t4 r22 |
203 15 |
25,586 151 |
|
| Dlsposals | |||||
| Costat31.3.23 | 22,783 | 2,736 | 2t8 | 25,737 | |
| DepreciationatL.4,22 | 2,073 | 202 | 2,275 | ||
| Chargefor year | 187 | 5 | r92 | ||
| On disposals Depreciationat31.3.23 |
2,260 | 207 | 2,467 | ||
| NET BOOK VALUEat31.3.23 | 22,783 | 476 | 11 | 23,270 | |
| NET BOOK VALUEat3T.3,22 | 22,769 | 54t | 23,3rt |
(see note5). 3 INTANGIBLÉFIXEDASSETS |
|||
|---|---|---|---|
| GROUP | Goodw¡ll | Totäl | |
| Ê | 's 'o00 |
€'0OO's | |
| Costat1.4.22 | 23) (1 |
(123) | |
| Additions | |||
| Costat31.3.23 | (123) | (123) | |
| AmortisatlonatL.4,22 | 49 | 49 | |
| Chargefor year | 25 | 25 | |
| Amortisat¡onat31.3.23 | 74 | 74 | |
| NET BOOK VALUEat31.3.23 | (4e) | (4e) | |
| NET BOOKVALUE.aI3T,3.22 | (74) | (74) | |
| QEF | Goodw¡ll | Total | |
| f | 'O0O's | C'00O's |
| 2023 | 2022 | |
|---|---|---|
| Thebalance compr¡ses: | €'OOO's | €'OOO's |
| Sharesat cost | 280 | 280 |
| 280 | 280 |
| The resultsfortheyearended31March2023ne wereasfollows: |
tofintra-group transactionsoff288k(202 | 2:fl27k) |
|---|---|---|
| 2023 | 2022 | |
| €'OOO's | C'OOO's | |
| Turnover CostofSales |
1,266 (1) |
1,319 l?ç| |
| r,265 | 7,294 | |
| Admin¡strativeexpenses | (s7s) | (1,0s4) |
| Taxation | ||
| Profit on ordinaryact¡vities | 290 | 240 |
| The assets andliabilitiesofthec wereasfollows: |
ompany attheendoft | heyear,includingintra | -group amount | s, | |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| €'OOO's | €'OOO's | €'OOO's | C'OOO's | ||
| FixedAssets | 15 | 18 | |||
| Current assets | 442 | 510 | |||
| Currentliabilities | (47) | 1 | ?n| | ||
| Net Current assets | 435 | 380 | |||
| Longtermliabilities | (46) | ||||
| 404 | 398 |
| The resultsfortheperiodended31March2023were | asfollows | |
|---|---|---|
| 2023 | 2f)22 | |
| €'OOO's | €'o0O's | |
| Turnover Professionalfeesand buildingcosts |
74 (14) |
L72 (172) |
| Grossprofit Administrativeexpenses |
(3) | (2) |
| Taxation Profitforthe financialyear |
(3) | (2| |
| 2023 | 2022 | |||
|---|---|---|---|---|
| €'OOO's | C'oOO's | €'OOO's | C'OOO's | |
| FixedAssets | ||||
| Current assets Currentliabilities Net Currentassets |
11 (3) |
I I |
168 lr57) |
11 11 |
| 33 |
| Theresuftsforthe yearended31March2023 (2022:8223k) |
wereas followsnetofintercompany tra | nsactionsoff150k |
|---|---|---|
| 2023 | 2022 | |
| €'0OO's | f 'ooo's | |
| Turnover | 1,399 | r,3r2 |
| Admin¡strative expenses | (1,1B5) | (1,12s) |
| Taxation | ||
| Profitfor thefinancialyear | 2L4 | IB7 |
| The assetsandliabilitiesofth follows: |
ecompanyatthe en | doftheperiod,inclu | dingintra-groupamou | nts,wereas |
|---|---|---|---|---|
| 2023 | 2022 | |||
| €'ooo's | f 'ooo's | €'ooo's | €'OOO's | |
| Fixed Assets | 789 | 809 | ||
| Current assets | 335 | 185 | ||
| Currentliabilities | (17s) | (109) | ||
| NetCurrent assets | 160 | 76 | ||
| 949 | 885 |
| Theresultsforthe year ended31March2023n | etofintra-group transactionsof€.0(2022:. f. | 203k),were asfollo |
|---|---|---|
| 2l¡23 | 2022 | |
| E'OOO's | €'OOO's | |
| VASDequipmenthireandsales | 2 | |
| Incomefrom property | 13 | |
| Grant Income | 3 | |
| Gifts & donations | 4 | 257 |
| 4 | 275 | |
| Costofsales | ||
| 4 | 275 | |
| Costofcharitable activities | (31) | |
| Administrat¡on costs | (34) | |
| Surpluson ordinary activities | ___Gq_ | 242 |
| Theassets andliabilitiesofthe com | pany at the endof t | he year,includingintra | -groupamounts, were | asfollows: |
|---|---|---|---|---|
| 2023 | 2022 | |||
| f'ooo's | Ê'OOO's | €'OOO's | €'ooo's | |
| Fixed Assets | 6 | 336 | ||
| Current assets | 956 | 656 | ||
| Currentliabilities | 6 | (4) | ||
| NetCurrent assets | 950 | 651 | ||
| PensionSchemeLiability | (4) | (6) | ||
| 952 | 982 | |||
| 34 |
| The resultsfortheyear ended31March2023,netofin wereasfollows: |
tra-grouptransactionsoff86k(202L | t8134k), |
|---|---|---|
| 2023 | zlJ22 | |
| €'OOO's | C'OOO's | |
| MERUequ¡pment sales Grants |
189I | 267 10 |
| G¡fts,donations& fundra¡s¡ngactivities | 290 | 369 |
| 487 | 646 | |
| costofsales | (140) | (160) |
| 347 | 486 | |
| costof charitable activities | (282) | (286) |
| Fundraisingandpublicitycosts Governance costs |
(1e) (4) |
(3s) (2| |
| Surplus/(Deficit) on ordinary activities | 42 | 163 |
| The assets andliabilitiesofthec follows: |
ompany attheend of the | year,includíngintra-gr | oup amounts, were | as |
|---|---|---|---|---|
| €'OOO'S | 2f,23 É'OOO'S |
€'OOO'S | 2l)22 C'OOO's |
|
| FixedAssets | 119 | 158 | ||
| Current assets | 243 | 269 | ||
| currentliabilities | (282| | (372) | ||
| Net Currentassets | (3e) | (103) | ||
| Longtermliabilities | (s7) | |||
| 55 |
| GROUP | ||
|---|---|---|
| 2023 | 2022 | |
| Ê'OOO's | €'OOO's | |
| Listed Shares | 34 | 33 |
| Deposits | 74 | 33 |
| QEF | 2023 | 2022 |
| €'OOO's | €'OOO's | |
| ListedShares | 27 | 27 |
| Deposits | 27 | 27 |
| STOCKS&ASSETS HELD F | ORRESALE | |||
|---|---|---|---|---|
| GROUP | QEF | |||
| Restated | ||||
| 2l)23 Ê'OOO's |
2022 €'OOO's |
2023 C'OOO's |
2f)22 €'oOO's |
|
| Rawmaterialsand finishedgoods | 93 | 96 | ||
| Assetsheldforresale | 330 | 330 | ||
| 423 | 426 |
| 6 | DEBTORS | GROUP | QEF | ||
|---|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | ||
| Amountsfalling | due within one year | €'OOO's | f,'ooo's | C'OOO's | E'OOO's |
| Trade Debtors | r,446 | 943 | 1,409 | 889 | |
| Amount duefromsubsidiarycompany Taxation &SocialSecurityreceivable |
7 | I | 272 | 155 | |
| Other Debtors | 7L | 99 | 5 | 52 | |
| Prepayments | 22L | 255 | 189 | L62 | |
| AccruedIncome | 476 | 387 | 390 | 378 | |
| 2,22L | r,692 | 2,265 | 1,636 |
| GROUP | QEF | |||
|---|---|---|---|---|
| Amountsfallingduewithin oneyear |
2l)23 E'OOO's |
2022 C'OOO's |
2023 Í'OOO's |
2022 f,'OOO's |
| TradeCreditors | 542 | 750 | 479 | 540 |
| Taxation andSocialSecuritypayable | 135 | 23L | 118 | 2LL |
| Amountduetosubsidiarycompany | 630 | 766 | ||
| Other Creditors | B6 | t77 | 60 | 797 |
| Loans repayable | 784 | 74L | 784 | |
| Accruals | 616 | 482 | 563 | 4L3 |
| Deferred¡ncome(see noteB) | 607 2,770 |
574 2,955 |
52L 3,155 |
514 3,24L |
| DEFERREDINCOME-G I |
ToupandQEF | |||
|---|---|---|---|---|
| 2023 | Balanceat IApril 2022 |
Incom¡ng Resources |
Amount Released |
Balanceat31 March2023 |
| €'OOO's | Ê'OOO's | €'OOO's | Í'OOO's | |
| Fundraisingeventsincome | L4 | 47 | (14) | 47 |
| cRc | 484 | 453 | (484) | 453 |
| IndependentLiving Serv¡ces | 3 | 3 | (3) | 3 |
| Mobility Services | 9 | 15 | (e) | 15 |
| CentralServ¡ces | 4 | 4 | (4) | 4 |
| The Grange | 60 | 85 | (60) | 85 |
| VASD HolidayIncome | ||||
| 574 | 607 | (s74) | 607 |
| 2022 | Balanceat lApril 202L |
Incoming Resources |
Amount Released |
Balanceat31 March2022 |
|---|---|---|---|---|
| €'OOO's | I'OOO's | c'ooo's | E'OOO's | |
| Fundraisingeventsincome | 35 | L4 | (3s) | t4 |
| cRc | 484 | 484 | ||
| IndependentLiving Services | 5 | 3 | (s) | 3 |
| Mobility Serv¡ces | 26 | 9 | (26) | 9 |
| CentralServices | 4 | 4 | ||
| The Grange | 38 | 60 | (38) | 60 |
| VASD HolidayIncome | 3 | 3 | ||
| t07 | 74 |
| Thefunds of the charityincluderestric | ted fundsintheformofgrantsandotherdonated funds re |
|---|---|
| Movement inFunds | |
| 2023 cRc IndependentLiving Services MobilityServices |
BalanceatIncomíngExpend¡tureBalanceat 1AprilRêsourcesGainsand31March 2l¡22 Losses 2f)23 €'OOO'SÉ,'OoO's €'OOO'SC'OOO'S 138 453 (476) 11s 72 20 (60) 32 L26 737 (737) 126 |
| CentralServices ResldentsofThe Grange Voluntary Assoc. SurreyDisabled Medical Engineer¡ng Resource Unit |
-15-15 330 - (330) - 49 L75 (224\ - |
| 775 1,400 (7.A27\ 288 |
therestrictionsontheVASDproperty |
werelifteddurin | gtheyear. |
|---|---|---|
| Movementin Funds | ||
| 2l)22 cRc IndependentL¡vingServices MobilityServices CentralServices |
Balanæat IApril 2l,2t E'OOO's 102 86 L26 |
IncomingExpenditureBalanceat ResouræsGainsand31March Losses 2022 €'OOO'S!'OOO'SC'OOO'S 303 (266) 139 169 (183) 72 666 (666) 726 s (s) |
| Voluntary Assoc. SurreyDisabled Medical Engineer¡ng Resource Unit |
330 24 668 |
ll91l 330 48 215 1,358 11.311) 7L5 |
| 10 GENERALUNRESTRICTEDFUN |
DS | |||
|---|---|---|---|---|
| GROUP | QEF | |||
| 2023 | 2022 | 2l)23 | 2f)22 | |
| C'O00's | Ê'OOO's | €'OOO's | C'OOO's | |
| Balancebrought forward | 10,170 | 9,093 | 9,826 | 8,988 |
| Netmovementof resourcesintheyear | 1 | 1 | 838 | |
| Balance carriedforward | 705 1 |
10 70 |
10 67 |
9 |
| 11 ANALYS |
ISOFGROUP ASS | ETSBETWEEN FUNDS | ETSBETWEEN FUNDS | |||
|---|---|---|---|---|---|---|
| Fixed Assets |
NetCreditorsTotalFunds Currentfalling due |
Pensions Deficit |
Total 2023 | |||
| Assetsaftermore | ||||||
| 2023 | than1 | |||||
| €'OOO's | €'OOO'S€'OOO's | C'OOO's | €'OOO's | €'OOO's | ||
| Restrictedfunds Unrestrictedfunds |
23,639 23.639 |
288 0 L,223(13,153) 1.511 (13.153) |
288 LL,709 t1.997 |
G\ t4l |
288 LI,705 11.993 |
|
| Tangible Fixed Assets |
NetCreditorsTotalFunds CurrentfallingdueexPensions Assetsaftermore Deficit |
Pensions Deficit |
Total2022 | |||
| than1 | ||||||
| 2l)22 Restrictedfunds Unrestrictedfunds |
Ê'OOO'S 330 23,716 24,046 |
year C'OOO'SC'OOO'S 385 - 61 (13,601) 446 (13,601) |
C'OOO's C'OOO's 7L5 - 10,176 (6) 10,891 (6) |
C'O00's 7L5 10,170 10,885 |
||
| 37 |
| GROUP | QEF | |||
|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | |
| c'o00's | €'ooo's | Ê'OOO's | C'00O's | |
| Openingfunds | 10,885 | 9,76L | 10,163 | 9,304 |
| Netmovements ofresourcesinthe year Closingfunds |
11,993 1,108 |
10,885 t,L24 |
tL.24t 1,078 |
859 10.163 |
| L4 TOTAL |
RESOURCESEXPENDED | RESOURCESEXPENDED | |||
|---|---|---|---|---|---|
| StaffCostsProperty | Depn. | Other | TOTAL | ||
| 2023 | Costs | 2023 | |||
| E'OOo's | €'OOO's | €'OOO's | €'OOO's | €'OOO's | |
| Charitable Activities | 6,9t2 | 570 | 68 | 8t2 | 8,362 |
| Fundralslng | 396 | 253 | 649 | ||
| Tradlng VASD |
531I | 376 9 |
5 | 59 15 |
97r 32 |
| MERU | t76 | 2I | 74 | 169 | 440 |
| Grange | 794 | 275 | 20 | 91 | 1,180 |
| DevCo | (14) | L4 | |||
| Support Costs | 1,190 | 260 | t26 | 462 | 2,038 |
| Governânce | 50 | 50 | |||
| TOTAL | 10,007 | L,497 |
293 | t,925 | L3,722 |
| StaffCosts | StaffCosts | PropeÉy | Depn. | Other | TOTAL | |
|---|---|---|---|---|---|---|
| 2022 | Costs | 2022 | ||||
| E'OOO's | €'OOO's | €'OOO's | Ê'oOO's | €'O0O's | ||
| Char¡tableActivlties | 6,358 | 23t | 64 | 785 | 7,438 | |
| Fundralslng | 463 | 285 | 748 | |||
| Tradlng | 561 | 437 | 2 | 76 | L,O76 | |
| VASD | 23 | 3 | 5 | 31 | ||
| MERU | 2L2 | t2 | g; | 189 | 505 | |
| ssM | (70) | (70) | ||||
| Grange | 77r_ | 253 | 26 | 72 | 1,L22 | |
| DevCo | ||||||
| Suppoft Costs | I,tL7 | 380 | p; | 938 | 2,556 | |
| Governance | 37 | 37 | ||||
| TOTAL | 9,505 | 1,316 | 305 | 2,3L7 | L3,443 | |
| Resourcesexpendedlnthe | yearincludethe | following | 2022 | |||
| €'OOO's | ||||||
| Staff costs | 9,505 | |||||
| Auditors Remuneration: | ||||||
| -Fees payablefortheexternal audit | 37 | |||||
| Movementlnprovision | ||||||
| -Fees payablefortheinternal audit | ||||||
| Professlona Illabllltylnsurance | 6 | |||||
| (whlchlncludesTrustees' indemnity | lnsurance) | |||||
| Depreclatlon of flxed assets | 305 | |||||
| Operatingleases-hireof otherassets (exclproperty) | 358 |
| 15 ALLOC |
ATIONOF SUPPO | RT COSTS | AND PENSIO | NSADJUSTME | NT |
|---|---|---|---|---|---|
| DirectCosts | IT | Shared | Pensions | TOTAL | |
| 2023 | Services | 2023 | |||
| C'O0O's | €'00O's | f'OOO's | €'OOO's | €'OOO's | |
| Care&Rehabilitation | 3,956 | 151 | 613 | 64 | 4,784 |
| IndependentLiving MobilitySe¡vices |
3,437 810 |
747 35 |
589 133 |
67 26 |
4,24O t,0o4 |
| Other | |||||
| Fundraising Trading |
651 953 |
24 39 |
109 152 |
15 2t |
799 1,165 |
| VASD | 33 | 2 | 35 | ||
| MERU | 418 | 18 | 60 | 9 | 505 |
| Grange | 1,t47 | 15 | 24 | 1,186 | |
| QEFDevelopments | 4 | 4 | |||
| I1,409 | 429 | 1.656 | 228 | 13,722 |
| 2022 | Direct Costs | IT | Shared | Shared | Pensions | TOTAL |
|---|---|---|---|---|---|---|
| C'O00's | €'OOO's | €'OO0's | €'OOO's | f,'ooo's | ||
| Care&Rehabilitation | 3,747 | 118 | 518 | 81 | 4,458 | |
| IndependentLiving | 3,202 | 136 | 599 | 93 | 4,030 | |
| Assisted Aviation | 27 | 2 | 9 | 1 | 39 | |
| MobilityServices Other |
785 (70) |
33 | t44 | 22 | 984 (70) |
|
| Fundraising | 748 | 42 | 184 | 29 | 1,003 | |
| Trading | t,076 | 27 | 104 | 1,207 | ||
| VASD | 31 | 3 | 13 | 47 | ||
| MERU | 506 | 23 | 89 | 618 | ||
| Grange | 7,722 | 3 | r,t25 | |||
| QEFDevelopments | 2 | 2 | ||||
| 11.168 | 384 | 1 | 65 | 226 | 73.443 |
| The average numberofpersonsemployedb | yQEFduringthe year wa | s: | ||
|---|---|---|---|---|
| Fulltime | Fulltime | PaÉtime | PaÉtime | |
| zlJ23 | 2f¡22 | 2f)23 | 2022 | |
| Care&Rehabilitation | 33 | 36 | 25 | 25 |
| IndependentLiving Seruices | 34 | 46 | 35 | 34 |
| MobilityServ¡ces | 9 | 7 | 15 | 27 |
| AccesibleAviation | ||||
| CentralServices | 18 | 2t | 7 | 5 |
| Fundraising&Publicity QEF Co mmericalTradingOperations |
10 L04 L2 |
11 t27 t4 |
4 86 23 |
5 90 23 |
| VASD | 1 | |||
| MERU | 3 | 4 | 5 | 5 |
| Grange GROUP |
13 732 |
77 156 |
26 140 |
15 t34 |
| GROUP | QEF | ||||
|---|---|---|---|---|---|
| Staffcosts: | 2023 | 2022 | 2023 | 2022 | |
| C'OOO's | €'OOO's | I'OO0's | €'OOO's | ||
| Salariesand wages | 6,r28 | 6,456 | 4,874 | 5,109 | |
| Agency | 2,958 | 2,242 | 2,842 | 2,163 | |
| SocialSecurity costs | 559 | 565 | 472 | 474 | |
| Definedbeneflt pension scheme costs | 4 | 7 | |||
| Definedcontribution andotherpension costs | 2LL | 2L6 | 177 | t78 | |
| Otherstaffcosts | t32 | t22 | |||
| Healthscheme | 15 | 19 | 11 | t4 | |
| 10,007 | 9,505 | 8,498 | 7,938 |
| The numberofemployees earning€60,000p,a.ormor | ewas | ||
|---|---|---|---|
| 2023 | 2 | o22 | |
| Ê60,000-Ê69,999 | 2 | 2 | |
| €70,000-879,999 | 2 | 4 | |
| Ê80,000-€89,999 | 2 | ||
| É100,000- f109,999 | 1 | 1 |
Capitalcom |
mitments at 31March2023notprovid | edforinthesefinancialstatements | |
|---|---|---|---|
| 2023 €'OOO's |
2022 Í'ooo's |
||
| Contracted | for | L28 | |
| T28 |
| Presentvalueofprovision | ||||
|---|---|---|---|---|
| 31March | 31March | 31March | ||
| 2023 | 2022 | 2021 | ||
| E.EE | ||||
| Presentvalueofprovision | 3,645 | 5.7t7 | 3t,032 | |
| Reconc¡lfatlonof openlng andclos¡ngprovisions | 31March | 31March | ||
| 2f¡23 | 2022 | |||
| c. | s. | |||
| Provlslonat startofperiod | 5,7t7 | 3L,O32 | ||
| Unwlndingof thediscountfactor(interestexpense) Defic¡tcontributionpald Remeasurements-lmpact ofany changesinassumptions Remeasurements-amendmentstothecontributionschedule Provisionatendofperiod |
4L | 108 (2,083) (e7) 3,645 |
L79 (7,853) (131) t7 5,7L7 |
| Incomeandexpenditure impact | ||
|---|---|---|
| 31March | 31March | |
| 2023 | 2022 | |
| E | E | |
| Interestexpense | 108 | L79 |
| Remeasurements-impact ofany changesinassumptions | (e7) | (131) |
| Remeasurements-amendmentstothe contributionschedule | (17,510) | |
| Contributions paid in respectof futureservice | ||
| Costsrecognised in income and expenditure account |
| Assumptions | ||
|---|---|---|
| 31March31March | 31March | |
| 2023 2022 |
2021 | |
| Rateofdiscount | oloperannuno/oper annunoloper annum 5.52 2.35 0.66 |
| Defi | cit contr¡but¡onsschedule | |||||
|---|---|---|---|---|---|---|
| Year | ending | 31 | March | 3lMarch | 31 | March |
| 2023 | 2022 | 202'- | ||||
| E | E | ç. | ||||
| Year | 1 | 2,O83 | 2,083 | 7,853 | ||
| Year | 2 | L,736 | 2,083 | 8,088 | ||
| Year | 3 | L,736 | 8,331 | |||
| Year | 4 | 7,Lst | ||||
| Year | 5 | |||||
| Year | 6 | |||||
| Year | 7 | |||||
| Year | 8 | |||||
| Year | 9 | |||||
| Year | 10 |
| Ín202!,QEFwasissuedaloanof É750k undertheCor The loanwasrepayableover 60monthsfromSeptembe interestispayableat1.88o/opa+baserate. Theamoun ETLZk)ofwhich€168kisdue within1yearand thebal |
onovirusBusinessInterruptionLoanScheme r2O2Iandafteran interestfreeperiodofI toutstandingat 31March2023wasÉ601k anceof€433kisdueafteroneyear' |
(CBILS) year, (2022: |
|---|---|---|
| Total loan repayable: | 2023 €OOO's |
2022 €000's |
| PPF | 13,234 | 13,630 |
| CBILS | 601 | 7L2 |
| 13,835 | t4,342 | |
| Loans fall due | 2023 | 2022 |
| €OOO's | 4000's | |
| Under1year | 784 | 74L |
| Within2-5years | 4,992 | 2,928 |
| After more than5years | 8,059 | L0.673 |
| 13,835 | t4,342 |
| At31March2023 the grouphad non-cancellabletotalcommit forproperties,whichexpirel |
mentsunderoperatingleases | |
|---|---|---|
| 2023 | 2022 | |
| €OOO's | ÍOOO's | |
| Under 1year | 311 | 358 |
| W¡thin2-5years | 864 | L,0t2 |
| After more than5 years | 806 | 980 |
| 1,981 | 2,350 | |
| 23 GRANTS RECEIVED |
||
| 2023 | 2fJ22 | |
| €'ooo's | €'OOO's | |
| DepartmentforTransport | 617 | 563 |
| Motability | 42 | 42 |
| RetailGrantScheme | 61 | |
| Infection ControlandCOVIDGrants | 4 | 190 |
| Other | 60 | 45 |
| 723 | 901 |
| TheVoluntaryAssociationforSurreyDisabledLtd Medical Engineering ResourceUnit QEFTradingLtd |
E E Ê. |
2023 - E 75,493€ t90,844E |
2022 L5,622 111,161 130,572 |
|---|---|---|---|
| bala | nceswithsubsidiaries: | |||
|---|---|---|---|---|
| 2fJ2? | 2022 | |||
| QEF QEF The The |
TradingLtd DevelopmentsLimited VoluntaryAssociationforSurreyDisabledLtd Grange(2016)Ltd |
r. î. E r. |
7,927 62r,B2t |
î.r57,587 f133,508 L594,3L2 E74,506 |
| Medical Engineering ResourceUnit QEFTradingLtd The Grange(2016)Ltd |
2023 E247,714f E 9,OL4E Ê.t5,697E |
2022 288,565 - - |
|---|---|---|
| 26 RECONCILIATIONOFNET MOVEMENTI |
NFUNDS | |
|---|---|---|
| 2023 | 2022 | |
| €'OOO's | f'OOO's | |
| QEFIncomingResources QEFResources Expended |
14,622 (L3,722|L4,432 t13.443) |
|
| QEFOperating(Deficit)/Surplus | 900 | 989 |
| Othermovementsin Funds | 208 | 135 |
| Net MovementinFundsonSOFA | 1 108 | r24 1 |