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2023-03-31-accounts

Page
Reference and administrative details ofthe Charity, its Trustees and advisers
Trustees'
report		 2-9
Independent auditors'
report		 on the financial statements 10 - 13
Consolidated statement
offinancial activities		 14
Consolidated balance sheet 15
Charity balance sheet 16 - 17
Consolidated statement
ofcash flows		 18
Notes to the financial statements 19-38

REFERENCE AND ADMINISTRATIVE REFERENCE AND ADMINISTRATIVE REFERENCE AND ADMINISTRATIVE REFERENCE AND ADMINISTRATIVE DETAILS DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS OF THE CHARITY, ITSTRUSTEES AND ADVISERS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2023
Trustees Mr K Burrows, Chairman (till 29/07/2022) (resigned 29 July 2022)
Mr JWhittaker, Chairman (from 01/08/2022)
Mr J Gray
Mrs BEyers, Vice Chairman (from 01/08/2022)
Mr K Jordan (resigned 26 June 2023)
Mrs J Owens
Rev D Lang
Mr C Daines
Mr D Willis
Mr BTaylor (appointed 27 February 2023)
Mrs E Shields (appointed 26 June 2023)
Company registered
number 1048360
Charity registered
number 263954
Registered office Mistley Hall
Clacton Road
Essex
CO11 2NJ
Company secretary Carly Cridland
Chief executive officer Michelle Cook
Independent auditors Griffin Chapman
4 &5 The Cedars
Apex 12
Old Ipswich Road
Colchester
Essex
CO7 7QR
Bankers Lloyds Bank
27 High Street
Colchester
CO1 1DU
Solicitors Ellisons
Headgate
Court
Colchester
Essex
CO1 1NP

Key management personnel:
M Cook Chief Executive
C Cridland Company Secretary
G Balls Operations
Manager
TCox Registered
Manager with special responsibility		 for care service
SGunn Finance Manager
M Sear HR Manager
(01/04/2022)
A Stutter Facilities Manager (30/06/2022)
K Buxton Communications
& Income Generation		 Manager (22/08/2022)
TSage Business Services Manager (Resigned 09/09/2022)

As restated
Restricted Unrestricted Total Total
funds funds funds funds
Note 2023
f		 2023 2023
6		 2022f
Income from:
Donations
and legacies		 60,403 34,172 94,575 71,177
Charitable
activities:
Acorn Village Community 4,033,108 4,033,108 3,658,352
GovernmentGrants 121,243 121,243 393,697
Other trading
activities		 113,119 113,119 90,479
Investment
Income		 30,645 30,645 25,250
Total income 4,214,754 177,936 4,392,690 4,238,955
Expenditure
on:
Raising funds 96,103 96,103 58,587
Charitable
activities		 4,367,736 74,180 4,441,916 4,313,307
Total expenditure 4,367,736 170,283 4,538,019 4,371,894
Net (expenditure)/income before net
(losses)/gains
on		 investments (152,982) 7,653 (145,329) (132,939)
Net (losses)/gains on investments (36,143) (36,143) 30,974
Net expenditure (152,982) (28,490) (181,472) (101,965)
Transfers
between		 funds 20 339,623 (339,623)
Net movement
in		 funds 186,641 (368,113) (181,472) (101,965)
Reconciliation
of		 funds:
Total funds brought forward 1,580,728 3,293,615 4,874,343 4,976,308
Net movement
in funds		 186,641 (368,113) (181,472) (101,965)
Total funds carried forward 1,767,369 2,925,502 4,692,871 4,874,343

As restated
Note 2023
F		 2022f
Fixed assets
Tangible assets 13 3,265,647 3,304,561
Investments 14 861,477 897,620
4,127,124 4,202,181
Current assets
Stocks 15 9,333 9,565
Debtors 16 148,967 194,799
Cash at bank and in hand 796,086 809,386
954,386 1,013,750
Creditors: amounts falling due within one
year 17 (388,639) (341,588)
Net current assets 565,747 672,162
Total assets less current liabilities 4,692,871 4,874,343
Net assets excluding pension asset 4,692,871 4,874,343
Total net assets 4,692,871 4,874,343
Charity funds
Restricted
funds		 20 1,767,369 1,580,728
Unrestricted
funds		 20 2,925,502 3,293,615
Total funds 4,692,871 4,874,343

CHARITY BALANCE SHEET CHARITY BALANCE SHEET
AS AT 31 MARCH 2023
Note 2023
F		 2022f
Fixed assets
Tangible assets 13 3,265,176 3,303,986
Investments 14 861,477 897,621
4,126,653 4,201,607
Current assets
Stocks 15 8,410 8,245
Debtors 16 232,946 265,072
Cash at bank and in hand 712,007 740,434
953,363 1,013,751
Creditors: amounts falling due within one
year 17 (387,149) (341,019)
Net current assets 566,214 672,732
Total assets less current liabilities 4,692,867 4,874,339
Net assets excluding pension asset 4,692,867 4,874,339
Total net assets 4,692,867 4,874,339
Charity funds
Restricted funds 20 1,169,047 1,580,728
Unrestricted
funds		 20 3,523,820 3,293,611
Total funds 4,692,867 4,874,339

Restricted Total Total
funds funds funds
2023 2023 2022f
Income from charitable activities —Acorn Village Community 4,033,108 4,033,108 3,658,352
Income from charitable activities - Government Grants 121,243 121,243 393,697
4, 154,351 4,154,351 4,052,049

Unrestricted Total Total
funds funds funds
2023 2023
6		 2022f
Fundraising activities 1,206 1,206 6,655
Income from non charitable trading activities
Unrestricted Total Total
funds funds funds
2023 2023 2022
8
Trading income - Acorn Village (Trading) Limited 55,798 55,798 56,708
Trading income - Acorn Village (Acorns) Limited 56,115 56,115 27,116
111,913 111,913 83,824

Unrestricted Total Total
funds funds funds
2023 2023
5		 2022f
Investment income - dividends receivable from listed fixed
asset investments 30,645 30,645 25,250

Unrestricted Total Total
funds funds funds
2023
6		 2023f 2022
Direct Fund Raising Expenses 62 62 2,118
Support Fund Raising Expenses 3,961 3,961 3,988
Governance
Costs		 2,962 2,962 3,076
Costs of raising voluntary income - wages and salaries 61,187 61,187 35,129
68,172 68,172 44,311

Unrestricted Total Total
funds funds funds
2023
6		 2023
F		 2022f
Trading expenses —Acorn Village (Acorns) Limited 3,915 3,915 2,331
Trading expenses - Acorn Village (Trading) Limited 23,911 23,911 11,818
Acorn Village (Trading) I imited - depreciation 105 105 127
27,931 27,931 14,276

Acorn
Village Total Total
Community funds funds
2023
6		 2023f 2022f
Acorn Village Community 4,441,916 4,441,916 4,309,282
Other Restricted 4,025
4,441,916 4,441,916 4,313,307
Auditors' remuneration
2023f 2022f
Fees payable to the Charity's auditor for the audit ofthe Charity's annual
accounts 11,700 11,748

Staff co sts
Group Group Charity Charity
2023 2022f 2023f 2022f
Wages and salaries 3,483,847 3,359,560 3,483,847 3,369,560
Social security costs 273,288 248,124 273,288 248,124
Operating costs ofdefined contribution
pension schemes 66,162 63,118 66,162 63,118
3,823,297 3,680,802 3,823,297 3,680,802

Group Group Charity Charity
2023 2022 2023 2022
No. No. No. No.
Administration and Management Staff 19 17 19 17
Care Staff 144 141 144 141
Training
Staff		 3 3 3 3
Maintenance Staff 5 9 5 9
Educational Therapeutic Services Staff 8 8 8 8
Coffee Shop 3 4 3 4
182 182 182 182
Group Group
2023 2022
No. No.

Freehold Soft Motor Fixtures and
property
F		 furnishings
6		 vehicles
E		 fittings
6		 Total
Cost or valuation
At 1 April 2022 4,890,421 51,279 109,365 499,802 5,550,867
Additions 41,364 1,018 35,790 78,172
Disposals (3,226) (3,226)
At 31 March 2023 4,931,785 52,297 109,365 532,366 5,625,813
Depreciation
At 1 April 2022 1,743,422 73,337 429,546 2,246,305
Charge for the year 81,220 9,008 26,468 116,696
On disposals (2,835) (2,835)
At 31 March 2023 1,824,642 82,345 453,179 2,360,166
Net book value
At 31 March 2023 3,107,143 52,297 27,020 79,187 3,265,647
At 31March 2022 3,145,999 51,279 36,028 70,256 3,304,562
Charity
Freehold Plant and Motor Fixtures and
property machinery vehicles fittings Total
6
Cost or valuation
At 1 April 2022 4,890,421 51,279 109,365 498,099 5,549,164
Additions 41,364 1,018 35,790 78,172
Disposals (3,226) (3,226)
At 31 March 2023 4,931,785 52,297 109,365 530,663 5,624,110

Charity (continued)
Freehold Plant and Motor Fixtures and
property machinery vehicles fittings Total
F 6 8 6
Depreciation
At 1 April 2022 1,743,422 73,337 428,419 2,245,178
Charge for the year 81,220 9,008 26,363 116,591
On disposals (2,835) (2,835)
At 31 March 2023 1,824,642 82,345 451,947 2,358,934
Net book value
At 31 March 2023 3,107,143 52,297 27,020 78,716 3,265,176
At 31March 2022 3,146,999 51,279 36,028 69,680 3,303,986

Listed
investments
Group 6
Cost or valuation
At 1 April 2022 897,620
Revaluations (36,143)
At 31 March 2023 861,477
Net book value
At 31 March 2023 861,477
At 31March 2022 897,620

Listed
Charity investmentsf
Cost or valuation
At 1 April 2022 897,620
Revaluations (36,143)
At 31 March 2023 861,477
Net book value
At 31 March 2023 861,477
At 31March 2022 897,620

Group Group Charity Charity
2023
F		 2022f 2023
f.		 2022f
Stock of materials and consumables 9,333 9,555 8,410 8,245

Group Group Charity Charity
2023f 2022f 2023 2022f
Due within one year
Trade debtors 77,130 64,717 77„130 64,717
Other debtors 6,066 73,412 90,045 143,685
Prepayments and accrued income 65,771 56,570 65,771 56,670
148,967 194,799 232,946 265,072

Group Group Charity Charity
2023f 2022f 2023f 2022f
Trade creditors 91,039 21,151 89,550 20,578
Other taxation and social security 82,344 91,290 82,344 91,290
Other creditors 179,722 168,201 179,721 168,205
Accruals
and deferred		 income 35,534 60,946 35,534 60,946
388,639 341,588 387,149 341,019
Financial instruments
Group Group Charity Charity
2023f 2022f 2023 2022f
Financial assets
Financial assets measured at fair value
through
income		 and expenditure 796,086 809,385 712,007 740,434

As Restated As Restated Balance at
Balance at 1 Transfers Gains/ 31 March
April 2022
F		 Income
8		 Expenditure f in/out (Losses)f 2023
F
Unrestricted
funds
General
Funds
all funds 3,293,611 177,936 (170,283) (339,623) (36,143) 2,925,498
Trading
subsidiaries
3,293,615 177,936 (170,283) (339,623) (36,143) 2,925,502
Restricted
funds
Acorn Village
Community 4,154,351 (4,320,419) 298,845 132,777
Capital
Fund		 998 998
Freehold
Property 1,539,026 (30,555) 40,778 1,549,249
Fixtures,
Fittings
and Equipment 6,476 3,358 (3,093) 6,741
Sundry Tools
and Soft
Furnishings 200 200
Motor Vehicles 956 (246) 710
Wellbelng
Pod		 26,843 26,843
National
Heritage
Lottery
Fund 50,000 (8,372) 41,628
Various other
restricted
funds		 6,229 7,045 (5,051) 8,223
1,580,728 4,214,754 (4,367,736) 339,623 1,767,369
Total offunds 4874,343 4,392,690 (4,538,019) (36,143) 4,692,871

Statement offu nds
-prior year		 (continued)
As Restated Balance at
Balance at Transfers Gainer 31March
1 April 2021f Income
f		 Expenditure f infoutf (Losses)f 2022f
Sundry Tools
and Soft
Furnishing 2,821 5,814 (2,159) 6,476
Sundry Tools
and Soft
Furnishings 200 200
Motor Vehicles 1,284 (328) 956
Strover Centre 29,577 (29,577)
Wellbeing
Pod		 26,843 26,843
Mistley Wood
Bathroom 500 (500)
Various Other
Purposes 7,119 4,685 (5,575) 6,229
1,515,672 4,056,735 (4,314,858) 323,179 1,580,728
Total offunds 4,976,307 4,238,956 (4,371,894) 30,974 4,874,343

Summary
offun		 ds
-current yea		 r
As Restated Balance at
Balance at 1 Transfers Gains/ 31 March
Apnl 2022 Income Expenditure in/out (Losses) 2023
6 6 6
General funds 3,293,615 177,936 (170,283) (339,623) (36,143) 2,925,502
Restricted funds 1,580,728 4,214,754 (4,367,736) 339,623 1,767,369
4,874,343 4,392,690 (4,538,019) (36,143) 4,692,871

Summary
offund		 s
-prior year
Balance at
Balance at Transfers Gainer 31March
1April 2021 Income
f		 Expenditure
f		 in/outf (Losses)f 2022f
General funds 3,460,635 182,221 (57,036) (323,179) 30,974 3,293,615
Restricted funds 1,515,672 4,056,735 (4,314,858) 323,179 1,580,728
4,976,307 4,238,956 (4,371,894) 30,974 4,874,343
Analysis ofnet assets between funds
-curre		 nt year
Restricted Unrestricted Tots I
funds funds funds
2023 2023 2023
6 F 6
Tangible fixed assets 1,531,151 1,734,496 3,265,647
Fixed asset investments 861,477 661,477
Current assets 624,857 329,529 954,386
Creditors due within one year (386,639) (388,639)
Total 1,767,369 2,925,502 4,692,871

Group Group
2023f 2022f
Net expenditure
for		 the year (as per Statement of Financial Activities) (181,472) (101,965)
Adjustments
for:
Depreciation
charges		 116,696 111,312
Gains/(losses)
on investments		 36,143 (30,974)
Dividends,
interests		 and rents from investments (30,645) (25,250)
Loss on the sale of fixed assets 391
Decrease/(increase) in stocks 232 (398)
Decrease/(increase) in debtors 46,560 (49,591)
Increase
in creditors		 46,322 62,476
Net cash provided by/(used in) operating activities 34,227 (34,390)

Group Group
2023 2022f
Cash in hand 3,854 6,224
Deposit accounts 584,264 712,481
Bank current accounts 207,968 90,681
Total cash and cash equivalents 796,086 809,386

At 1 April At 31 March
2022 Cash flows
f		 2023
6
Cash at bank and in hand 809,385 (13,299) 796,086
809,385 (13,299) 796,086

under non- can cellable
operating
leases as follow		 s:
Group Group Charity Charity
2023f 2022f 2023
5		 2022
6
Not later than 1 year 1,529 1,476 1,476
Later than 1 year and not later than 5years 5,733
7,262 1,476 1,476

Names Company Registered office or Registered office or principal Principal
activity
number place ofbusiness
Acorn Village (Trading) Limited 02978015 Acorn Village, Mistley Hall, The trading
subsidiary
Clacton Road, Mistley, operates the Coffee
Manningtree. CO11 2NJ Shop at Acorn Village
Acorn Village (Acorns) Limited 06242791 Acorn Village, Mistley Hall, The trading
subsidiary
Clacton Road, Mistley, opeates the charity
Manningtree. CO11 2NJ shops
in Manningtree
and at Acorn Village
Names Income Expenditure Profitl(Loss)
6 6 ISurplus/
(Deficit) for
the year
Acorn Village (Trading) Limited 55,798 4,020 51,883
Acorn Village (Acorns) Limited 56,115 23,912 32,203