2023-03-31-accounts - Three Roses Homes Limited

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		Three	Roses Homes Limited
			Contents
Reference	and Administrative Details
Trustees'	Report			2 to 5
Statement	of Trustees'	Responsibilities
Independent Examiner's		Report
Statement	ofFinancial	Activities
Balance Sheet
Statement	ofCash Flows
Notes to the Financial Statements				11to 19

				Unrestricted	Restricted	Total
				funds	funds	2023
			Note	6	6	8
Income and Endowments		from:
Donations and legacies				8,475	29,484	37,959
Charitable activities				740,145		740,145
Other trading activities				6,044		6,044
Investment income				846		846
Total Income				755,510	29,484	784,994
Expenditure on:
Raising funds Charitable activities				(2,898) ~789378,		(2,898) ~789,378
Total Expenditure Net (expenditure)/income				792,276 36,766	29.484	792,276 ~7.282
Net movement in funds				(36,766)	29,484	(7,282)
Reconciliation of	funds
Total funds brought	forward			797,645		797,645
Total funds carried	forward		14	760,879	29,484	790,363
				Unrestricted	Restricted	Total
			Note	funds 6	funds 6	2022 f
Income and Endowments		from:
Donations and legacies				50,259		50,259
Charitable activities				733,872		733,872
Other trading activities				6,529		6,529
Investment income				617		617
Total Income				791,277		791,277
Expenditure on:
Raising funds				(814)		(814)
Charitable activities Total Expenditure				(783,674) 784,488	(5,000) ~3,888	(788,674) ~789.488
Net income/(expenditure)				6,789	(5,000)	1,789
Net movement in funds				6,789	(5,000)	1,789
Reconciliation of	funds
Total funds brought	forward			790,856	5,000	795,856
Total funds carried	forward		14	797,645		797,645

		Balance Sheet as at 31	March 2023
				2023	2022
			Note	6	6
Fixed assets
Tangible assets				542,435	534,112
Current assets
Debtors			10	55,532	34,051
Cash at bank and	in hand			212,320	272,459
				267,852	306,510
Creditors: Amounts		falling due within one year		(19,921)	(42,974)
Net current assets				247,931	263,536
Net assets				790,366	797,648
Funds ofthe charity:
Restricted funds				29,484
Unrestricted income		funds
Called up share capital			13	3	3
Unrestricted funds				760,879	797,645
Total unrestricted	funds			760,882	797,648
Total funds			14	790,366	79?,648

Statement of Cash Flow	s for the Ye	ar Ended 31	March 2023
		Note	2023 f	2022f
Cash flows from operating activities
Net cash (expenditure)/income			(7,282)	1,789
Adjustments to cash flows from non-cash	items
Depreciation			11,067	7,382
Investment income Loss/(profit) on disposal oftangible fixed assets			(846) 1,053	(617) ~74
			3,992	8,483
Working capital adjustments
Increase in debtors (Decrease)/increase in creditors		10 11	(21,481) ~23.053	(10,504) 12,174
Net cash flows from operating activities			~40,542	10,153
Cash flows from investing activities
Interest receivable and similar income Purchase oftangible fixed assets Sale of tangible fixed assets		4 9	846 (20,442) ~7	617 (59,288) 750
Net cash flows from investing activities			~19597	~, 57921,
Net decrease in cash and cash equivalents			(60,139)	(47,768)
Cash and cash equivalents at 1 April			272,459	320,227
Cash and cash equivalents at 31 March			212,320	272,459

Fixture and fittings	20% on reducing	balance
Motor vehicles	20% on reducing	balance
Computer equipment	33%on cost

							Unrestricted
							funds
								Restricted	Total		Total
							General 8	funds 6	2023f		2022f
Donations and			legacies;
	Donations	from		individuals			8,475	29,484	37,959		23,142
Grants, including				capital grants;
	Government		grants								27,117
							8,475	29,484	37,959		50,259
3	Income	from		charitable		activities
								Unrestricted
								funds
									Total		Total
								General 6	2023f		2022f
	Care Home							740,145	740,145		733,872
4	Investment		income
								Unrestricted
								funds
									Total		Total
								General	2023		2022
								6	6		8
Interest receivable				and similar income;
	Interest receivable				on bank	deposits		846		846		617


5 Net Incoming/outgoing resources
Net (outgoing)/incoming resources	for the year include:
		2023	2022
		6
Operating leases - plant and machinery		6,777	6,723
Loss/(profit) on disposal oftangible	fixed assets	1,053	(71)
Depreciation of fixed assets		11,066	7,382

7 Staff costs The aggregate payroll costs were as follows:
	2023 6	2022f
Staff costs during the year were:
Wages and salaries	539,188	499,443
Social security costs	27,539	37,418
Pension costs	8,308	7,279
	575,035	544,140

The total a	verage number ofpersons employed	(incuding zero hours contracts) w	as as fo	llows;
		2023		2022
		No		No
Administration			3		4
Residential	Care		30		26
			33		30

			Furniture
		Land and	and	Motor
		buildings f	equipment f	vehicles f	Total f
Cost
At 1 Apdl 2022		557,750	105,918	31,732	695,400
Additions Disposals			20,442 ~53,930		20,442 ~53,930
At 31 March 2023		557,750	72,430	31,732	661,912
Depreciation
At 1 April 2022		60,362	77,944	22,982	161,288
Charge for the year Eliminated on disposals			9,317 ~52.878	1,750	11,067 ~52,878)
At 31 March 2023		60,362	34,383	24,732	119,477
Net book value
At 31 March 2023		497,388	38,047	7,000	542,435
At 31 March 2022		497,388	27,974	8,750	534,112
'IO Debtors
				2023f	2022f
Trade debtors				43,130	18,594
Prepayments				12,402	15,457
				55,532	34,051
11Creditors:	amounts	falling due within one year
				2023f	2022f
Trade creditors				7,254	26,180
Other taxation	and social	security		7,778	11,586
Accruals				4,889	5,208
				19,921	42,974

Operating	lease commitments	lease commitments
Total future	minimum	lease payments	under non-cancellable	operating	leases are as follows:
					2023 f	2022 f
Other
Within one	year				4,230	6,120
Between one and five		years			8,820	10,890
After five years					900	3,060
					13,950	20,070

	2023		2022
No.		No.

14Funds
						Balance at
			Balance at 1	Incoming	Resources	31 March
			April 2022 f	resources f	expended	2023 f
Unrestricted	funds
General
General			795,566	755,510	(790,197)	760,879
Deslgnafed
Designated			2,079		(2,079)
Total Unrestricted		funds	797,645	755,510	(792,276)	760,879
Restricted funds
Restricted Total funds			797 649	29,484 794,,994	~4792 276	29,484 796,363,

						Balance at
			Balance at 1	Incoming	Resources	31 March
			April 2021 f	resources f	expended f	2022 f
Unrestricted	funds
General
General			697,856	791,277	(693,567)	795,566
Designated Designated			93,000		~90.92))	2,079
Total unrestricted		funds	790,856	791,277	(784,488)	797,645
Restricted funds Restricted			5,000		~5,000
Total funds			795,856	791,277	(789,488)	797,645

		Unrestricted
		funds
			Restricted
		General f	fundsf	Total funds f
Tangible	fixed assets	542,435		542,435
Current Current	assets liabilities	238,368 ~)9,92)	29,484	267,852 (19,921)
Total net assets		760,882	29,484	790,366
16Analysis ofnet funds
				At 31 March
		At 1 April 2022 f	Cash flow f	2023 f
Cash at	bank and in hand	272,459	(60,139)	212,320
Net debt		272,459	(60,139)	212,320

				Unrestricted
				funds
					Restricted	Total	Total
				General	funds	2023	2022
				8	8	8	8
Income and	Endowments		from:
Appeals and	donations			8,475		8,475	23,142
Appeals and	donations				9,465	9,465
Appeals and	donations				20,019	20,019
Covid grant	income						27,117
Care homes				740,145		740,145	733,872
Other trading	activities			6,044		6,044	6,529
Investment income				84e		846	617
Total Income				755,510	29,484	784,994	791,277
Expenditure	on:
Raising funds				(2,898)		(2,898)	538
Rent and rates				(5,783)		(5,783)	(2,542)
Insurance				(7,715)		(7,715)	(5,927)
Repairs and	renewals			(77,170)		(77,170)	(106,622)
Telephone and fax				(1,399)		(1,399)	(2,297)
Printing, postage and stationery				(2,998)		(2,998)	(2,214)
Trade subscriptions				(7,007)		(7,007)	(11,193)
Hire of plant	and machinery
(Operating leases)				(6,777)		(6,777)	(6,722)
Light, heat and power				(38,983)		(38,983)	(40,375)
Provisions and household
expenses				(31,062)		(31,062)	(28,542)
Travel and subsistence				(815)		(815)	(4,956)
Advertising				(1,257)		(1,257)	(507)
Accountancy	fees			(4,368)		(4,368)	(3,420)
Legal and professional		fees		(7,393)		(7,393)
Sundry expenses				(3,100)		(3,100)	(15,443)
Bank charges				(180)		(180)	(247)
Depreciation	of plant and
machinery				(1,100)		(1,100)	(367)
Depreciation	of fixtures	and	fittings	(6,816)		(6,816)	(3,718)
Depreciation	of motor vehicles			(1,750)		(1,750)	(2,188)
Depreciation	ofoffice equipment			(1,400)		(1,400)	(1,109)
(Profit)/loss	on sale of tangible
fixed assets	held for charity's		own
use				(1,053)		(1,053)	71
Wages and	salaries			(539,188)		(539,188)	(499,443)
Staff NIC (Employers)				(27,539)		(27,539)	(37,418)
Staff pensions (Defined
contribution)				(8,308)		(8,308)	(7,279)
Staff training Repairs and	renewals			(6,217)		(6,217)	(2,568) ~5.000

		Three Roses Hom	es Limited
		Unrestricted
		funds
			Restricted	Total	Total
		General f	fundsf	2023f	2022f
Total Expenditure Net (expenditure)/income		792,276 ~36.766	29.484	~792,276 ~7,282	~789,488 1,789
Net movement in funds		(36,766)	29,484	(7,282)	1,789
Reconciliation of	funds
Total funds brought	forward	797,645		797,645	795,856
Total funds carried	forward	760,879	29,484	790,363	797,645