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