| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 5 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 8 | to | 9 |
| Cash Flow Statement | 10 | ||
| Notes to the Cash Flow Statement | |||
| Notes to the Financial Statements | 12 | to | 21 |
| Detailed Statement ofFinancial Activities | 22 | to | 23 |
| Reserves comprise | 2022 | 2021 |
|---|---|---|
| g | ||
| Fixed assets | 534,112 | 482,885 |
| Free reserves | 261,455 | 210,519 |
| Designated funds |
2,079 | 97,453 |
| Restricted funds | 5,000 | |
| Total | 797,646 | 795,857 |
| FORT | HE YEARE | NDED 31STMAR | CH 2022 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | |||||||
| INCOM'E | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 50362 | 50,262 | 48,051 | |||
| Charitable | activities | ||||||
| Care Home | 733,872 | 733,872 | 830~2 | ||||
| Other trading activities Investment income |
6,529 617 |
6,529 617 |
3,785 473 |
||||
| Total | 791,280 | 791380 | 882,681 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 743 | 743 | 485 | ||||
| Charitable | activities | ||||||
| Care Home | 783,748 | 5,000 | 788,748 | 742337 | |||
| Total | 784,491 | 5,000 | 789,491 | ||||
| NET INCOME/(EXPENDITURE) | 6,789 | (5,000) | 1,789 | 139479 | |||
| RECONCILIATION | OF F'UNDS | ||||||
| Total funds | brought forward | 790,857 | 5,000 | 795.857 | 656478 | ||
| TOTAL FUNDS CARRIED FORWARD | 797.646 | 797,646 | 795;887 |
| 31ST | MARCH 2022 | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | fimds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 14 | 534,112 | 534,112 | 482,885 | ||
| CURRENT ASSETS | ||||||
| Debtors | 15 | 34,051 | 34,051 | 23,547 | ||
| Cash at bank and in | hand | 272,459 | 272,459 | 320,227 | ||
| 306,510 | 306,510 | 343,774 | ||||
| CREDITORS | ||||||
| Amounts falling due |
within one year | 16 | (42,976) | (42,976) | (30,802) | |
| NET CURRENT ASSETS | 263,534 | 263,534 | 312,972 | |||
| TOTAL ASSETSLESSCURRENT | LIABILITIES | 797,646 | 797,646 | 795,857 | ||
| NKT ASSETS | 797,646 | 797,646 | 795,857 | |||
| FUNDS | 18 | |||||
| Unrestricted funds: |
||||||
| General fund | 795,564 | 693,401 | ||||
| Share capital | 3 | 3 | ||||
| Residents holidays | and trips | 4,453 | ||||
| Designated fund |
2,079 | 93,000 | ||||
| 797,646 | 790,857 | |||||
| Restricted funds | 5,800 | |||||
| TOTAL FUNDS | 797,646 | 795,857 |
| FOR | CASH FLOW ST THE YEARENDED |
ATEMENT 31STMARCH 2022 |
|||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Notes | |||||||
| Cash flows from operating | activities | ||||||
| Cash generated &om operations |
10,153 | 334359 | |||||
| Net cash provided by operating | activities | 10,153 | 134@59 | ||||
| Cash flows from investing | activities | ||||||
| Purchase oftangible fixed | assets | (59,288) | (11,799) | ||||
| Sale oftangible fixed assets | 750 | ||||||
| Interest received | 617 | 473 | |||||
| Net cash used in investing | activities | (57,921) | (11326) | ||||
| Change in cash and cash | equivalents | in the | |||||
| reporting period |
(47,768) | 123,033 | |||||
| Cash and cash equivalents | at | the beginning | of | ||||
| the reporting period |
320,227 | 197,194 | |||||
| Cash and cash equivalents | at | the end | ofthe | ||||
| reporting period | 272,459 | 320~7 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 6 | ||||
| Net income for the reporting | period (as per the Statement | ofFinancial | ||
| Activities) Adjustments for: |
1,789 | 139,279 | ||
| Depreciation charges Profit on disposal offixed assets |
7,382 (71) |
5,080 | ||
| Interest received Increase in debtors Increase/(decrease) in creditors |
(617) (10,504) 12,174 |
(473) (7,504) (2,023) |
||
| Net cash provided by operations |
10,153 | 134,359 |
| At 1/4/21 | Cash flow | At 31/3/22 | |
|---|---|---|---|
| 6 | |||
| Net cash | |||
| Cash at bank and in hand | 320,227 | (47,768) | 272,459 |
| 320,227 | (47,768) | 272,459 | |
| Total | 320,227 | (47,768) | 272,459 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Fundraising | events | 6,529 | 3,'785 | ||
| 5. | INVESTMENT INCOME | ||||
| 2022 | 2021 | ||||
| Deposit account interest | 617 | 473 | |||
| 6. | INCOME | FROM | CHARITABLE ACTIVITIES | ||
| 2022 | 2021 | ||||
| Acti vit)' | 8 | ||||
| Fees received | Care ilome | 733,872 | 830392 | ||
| 7. | RAISING | FUNDS | |||
| Raising donations | and legacies | ||||
| 2022 | 2021 | ||||
| Fundraising | expenses | (538) | 205 | ||
| Support costs | 1,352 | ||||
| 814 | 205 | ||||
| Other trading activities | |||||
| 2022 | 2021 | ||||
| Bad debts | 280 | ||||
| (Profit)/Loss on sale ofasset | (71) | ||||
| (71) | 280' | ||||
| Aggregate | amounts | 743 | 485 |
| CHARITABLE | ACTIVITIES COSTS | |||
|---|---|---|---|---|
| Support | ||||
| Direct | costs (see | |||
| Costs | note 9) f |
Totals | ||
| Care Home | 779398 | 9,450 | 788,748 | |
| SUPPORT COSTS | ||||
| Governance | ||||
| Management f |
costs | Totals | ||
| Raising donations Care Home |
and legacies | 7,382 | 1,352 2,068 |
1,352 9,450 |
| 7,382 | 3,420 | 10,802 |
| 2022 | 2021 | |
|---|---|---|
| Depreciation —owned assets Hire ofplant and machinery Surplus on disposal offixed assets |
7,382 6,723 (71) |
5,080 5,490 |
| STAF | FCOSTS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| 8 | 8 | ||
| Wages Social |
and salaries security costs |
499,442 37,418 |
512,828 34,765 |
| Other | pension costs | 7,280 | 6,989 |
| 544,140 | 554,582 |
| The average monthly | number ofemployees | number ofemployees | number ofemployees | during the year was as follows: | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Administration | 4 | 8 | ||||
| Residential care |
26 | 26 | ||||
| 30 | ||||||
| No employees received | emoluments | in excess of660,000. | ||||
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | ||||||
| Unrestricted | ||||||
| funds | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
43,051 | 5,000 | 48,051 | |||
| Charitable activities |
||||||
| Care Home | 830,292 | 830392 | ||||
| Other trading activities | 3,785 | 3,785 | ||||
| Investment income |
473 | |||||
| Total | 877,60.1 | 5,000 | 882,60,1 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 485 | 485 | ||||
| Charitable activities |
||||||
| Care Home | 742,837 | 742337 | ||||
| Total | 743,322 | 743322 | ||||
| NET INCOME | 134,279 | 5,000 | 139479 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 656,578 | ||||
| TOTAL FUNDS CARRIED FORWARD | 790,857 | 5,000 | 795,857 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Fixtures | |||
| Freehold | Plant and | and | |
| pmperty | machinery | fittings | |
| COST | |||
| At 1stApril 2021 | 523,911 | 75,402 | |
| Additions | 33,839 | 5,500 | 16,335 |
| Disposals | |||
| At 31stMarch 2022 | 557,750 | 5,500 | 91,737 |
| DEPRECIATION | |||
| At 1stApril 2021 | 60,362 | 68,366 | |
| Charge for year | 367 | 3,718 | |
| Eliminated on disposal |
|||
| At 31stMarch 2022 | 60,362 | 367 | 72,084 |
| NET BOOK VALUE | |||
| At 31stMarch 2022 | 497,388 | 5,133 | 19,653 |
| At 31stMarch 2021 | 46~9 | 7,036 | |
| Motor | Computer | ||
| vehicles | equipment | Totals | |
| 8 | |||
| COST | |||
| At 1stApril 2021 | 47,175 | 5,067 | 651,555 |
| Additions | 3,614 | 59,288 | |
| Disposals | (15,443) | (15,443) | |
| At 31stMarch 2022 | 31,732 | 8,681 | 695,400 |
| DEPRECIATION | |||
| At 1stApril 2021 | 35,558 | 4,384 | 168,670 |
| Charge for year | 2,188 | 1,109 | 7,382 |
| Eliminated on disposal |
(14,764) | (14,764) | |
| At 31stMarch 2022 | 22,982 | 5,493 | 161,288 |
| NET BOOK VALUE | |||
| At 31stMarch 2022 | 8,750 | 3,188 | 534,112 |
| At 31stMarch 2021 | 11,617 | 683 | 482,885 |
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 2022 | 2021 | |
| Trade debtors | 18,594 | 6,504 |
| Prepaytnents | 15,457 | 17,043 |
| 34,051 | 23~ | |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2022 | 2021 | |
| g | 8 | |
| Trade creditors | 26,182 | 13;868 |
| Social security snd other taxes | 11,586 | 8355 |
| Other creditors | 1,427 | |
| Accrued expenses | 5,208 | 7/52 |
| 42,976 | 30,802 |
| 2022I | 2021 | |
|---|---|---|
| Within one year | 6,120 | 6,120 |
| Between one and five years | 10,890 | 14,850 |
| In more than five years | 3,060 | S~O |
| 20,070 | 26,190 |
| MOVEMEN | T IN | FUNDS | |||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1/4/21 | in fiinds | 31/3/22 | |||
| 6 | |||||
| Unrestricted | funds | ||||
| General fund | 693,401 | 102,163 | 795,564 | ||
| Share capital | 3 | 3 | |||
| Residents holidays | and trips | 4,453 | (4,453) | ||
| Desigoated fund | 93,000 | (90,921) | 2,079 | ||
| 790,857 | 6,789 | 797,646 | |||
| Restricted funds | |||||
| Conservatory | 5,000 | (5,000) | |||
| TOTAL FUNDS | 795,857 | 1,789 | 797,646 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| g | ||||
| Unrestricted funds |
||||
| General fund | 791,279 | (689,116) | 102,163 | |
| Residents holidays | and trips | 1 | (4,454) | (4,453) |
| Designated fund |
(90,921) | (90,921) | ||
| Restricted funds | 791,280 | (784,491) | 6,789 | |
| Conservatory | (5,000) | (5,000) | ||
| TOTAL FUNDS | 791,280 | (789,491) | 1,789 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1/4/20 | in funds | funds | 31/3/21 | |||
| Unrestricted | funds | |||||
| General fund | 651,713 | 134,688 | (93,000) | 693,401 | ||
| Share capital | 3 | 3 | ||||
| Residents holidays |
and trips | 4,862 | (409) | 4,453 | ||
| Designated fund |
93,000 | 93,000 | ||||
| 656,578 | 134,279 | 790,857 | ||||
| Restricted funds | ||||||
| Conservatory | 5,000 | 5,000 | ||||
| TOTAL FUNDS | 656,578 | 139,279 | 795,857 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 877,602 | (742,914) | 134,688 | ||
| Residents holidays | and trips | (1) | (408) | (409) | |
| 877,601 | (743,322) | 134,279 | |||
| Restricted funds | |||||
| Conservatory | 5,000 | 5,000 | |||
| TOTAL FUNDS | 882,601 | (743,322) | 139,279 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At I/4/20 | in funds | funds | 31/3/22 | |||
| 6 | ||||||
| Unrestricted | funds | |||||
| General fund | 651,713 | 236,851 | (93,000) | 795.564 | ||
| Share capital | 3 | 3 | ||||
| Residents holidays | and trips | 4,862 | (4,862) | |||
| Designated | fund | (90,921) | 93,000 | 2,079 | ||
| 656.578 | 141,068 | 797,646 | ||||
| TOTAL FUNDS | 656,57!i | 141,068 | 797.646 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 1,668,881 | (1,432,030) | 236,851 | |
| Residents holidays | and trips | (4,862) | (4,862) | |
| Designated fund |
(90,921) | (90,921) | ||
| 1,668,881 | (1,527,813) | 141,068 | ||
| Restricted funds | ||||
| Conservatory | 5,000 | (5,000) | ||
| TOTAL FUNDS | 1,673,881 | (1,532,813) | 141,068 |
| FORTHE YEAR ENDED | 31STMARCH 2022 | |||
|---|---|---|---|---|
| 2022f | 2021 6 |
|||
| INCOME AND ENDOWMENTS | ||||
| Donations and |
legacies | |||
| Donations | 23,145 | 9,427 | ||
| Grants | 27,117 | 38,624 | ||
| 50,262 | 48,051 | |||
| Other trading | activities | |||
| Fundraising events |
6,529 | 3,785 | ||
| Investment income |
||||
| Deposit account | interest | 617 | 473 | |
| Charitable activities |
||||
| Fees received | 733,872 | 830,292 | ||
| Total incoming | resources | 791,280 | 882,601 | |
| EXPENDITURE | ||||
| Raising donations and legacies |
||||
| Fundraising expenses |
(538) | 205 | ||
| Other trading | activities | |||
| Bad debts | 280 | |||
| assets | (71) | |||
| (71) | 280 | |||
| Charitable activities |
||||
| Wages | 499,442 | 512,828 | ||
| Social security | 37,418 | 34,765 | ||
| Pensions | 7,280 | 6,989 | ||
| Hire ofplant and machinery | 6,723 | 5,490 | ||
| Provisions and |
household | expenses | 28,542 | 31,581 |
| Insurance | 5,927 | 4,731 | ||
| Light, heat and | water | 40,375 | 40491 | |
| Telephone | 2,298 | 1,733 | ||
| Postage and stationery | 2,214 | 1,758 | ||
| Advertising | 508 | 115 | ||
| Sundries | 15,443 | 15,830 | ||
| Statf training | 2,568 | 3,282 | ||
| Travelling expenses |
4,956 | 3,650 | ||
| Repairs and renewals | 102,800 | 52,435 | ||
| Carried forward | 756,494 | 715,478 |
| FORTHE YEARENDED 31S | TMARCH 2022 | |||
|---|---|---|---|---|
| 2022 | 2021f | |||
| Charitable activities |
||||
| Brought forward | 756,494 | 715,478 | ||
| Gardening, craftwork |
and vocational | expenses | 8,821 | 9,048 |
| Subscriptions | 11,193 | 6,503 | ||
| Council tax | 2,542 | 3,440 | ||
| Bank charges | 248 | 108 | ||
| 779398 | 734477 | |||
| Support costs | ||||
| Management | ||||
| Plant and machinery | 367 | |||
| Fixtures &fitnngs | depreciation | 3,718 | 1,759 | |
| Motor vehicles depreciation | 2,188 | 2,904 | ||
| Computer equipment |
depreciation | 1,109 | 417 | |
| 7,382 | 5,080 | |||
| Governance costs |
||||
| Accountancy fees |
3,420 | 3,180 | ||
| Total resources expended | 789,491 | 743322 | ||
| Net income | 1,789 | 139,'279 |