##
##
|Trustees' Report||1 to 4|
|---|---|---|
|Statement ofTrustees'|Responsibilities||
|Independent
Examiner's|Report||
|Statement of Financial|Activities||
|Balance Sheet|||
|Statement ofCash Flows|||
|Notes to the Financial Statements||10to 20|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Total|Total|
|---|---|---|---|---|---|
|||General|Designated|unrestricted|unrestricted|
|||unrestricted|unrestricted|funds|funds|
|||funds|funds|2021|2020|
||Note||||E|
|Income and Endowments|from:|||||
|Donations
and legacies|2|57,345||57,345|10,200|
|Charitable
activities|5|676,859||676,859|625,422|
|Other trading
activities|3||||2,610|
|Investment
income|4|40,668||40,668|54,083|
|Total Income||774 872||774 872|692315|
|Expenditure
on:||||||
|Raising funds
Charitable
activities|6
7|(12,153)
~770.~18}||(12,153)
770,519|(13,610)
629,541|
|Total Expenditure||782,672||782,672|643,151|
|Operating
(Deficit) / Surplus||(7,800)||(7,800)|49,164|
|Gains/losses
on investment||||||
|assets||463282||463,282|206,861|
|Net income/(expenditure)
Transfers
between
funds||455,482
~280.000|280,000|455,482|(157,697)|
|Net movement
in funds||175,482|280,000|455,482|(157,697)|
|Reconciliation
offunds||||||
|Total funds brought
forward||1,954,213||1 954,213|2,111,910|
|Total funds carried forward|17|2,129,695|280,000|2,409,695|1,954,213|
##
##
||||Balance Sheet as at 3|1 llllarch 202|1||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Note|8||
|Fixed assets|||||||
|Tangible assets||||12|262,218|264,938|
|Investments||||13|2,021,874|1,603.507|
||||||2,284,092|1,868x445|
|Current assets|||||||
|Debtors||||14|7,707|11,885|
|Cash at bank|and in hand||||132,973|94,573|
|Creditors: Amounts||falling due within one year||15|140,680
~15077}|106,458
SQ 590J|
|Net current assets|||||125,603|85,768|
|Net assets|||||2409695|1 954213|
|Funds ofthe|charity:||||||
|Unrestricted|income||funds||||
|Designated
unrestricted|||funds||280,000||
|General
Unrestricted
funds|||||2,129,695|1,954,213|
|Total funds||||17|2,409,695|1,954,213|
##
##
|Statement|ofCas|h Flow|s for the|Year Ended 3|1 March 2021||
|---|---|---|---|---|---|---|
|||||||(As restated)|
||||||2021|2020|
|||||Note|6|F|
|Cash flows from operating
activities|||||||
|Net cash income/(expenditure)|||||455.~462|457.697|
|Adjustments
to cash flows from non-cash|||items||||
|Depreciation||||6|25,367|27,056|
|Loss on disposal offixed assets held||for the|charity's|own use 9||1,599|
|Realised (gains)/losses
on fixed asset investments|||||(18,927)|(5,821)|
|Bank interest
Unrealised
(gain)/loss
on investment||assets|||(9)
~444.355}
~437.924|(837)
212,682
234.679|
||||||17,558|76,982|
|Working
capital adjustments|||||||
|Decrease/(increase)
in debtors||||14|4,178|(7,020)|
|Decrease
in creditors||||15|5,613|201,308|
|Net cash flows from operating|activities||||16,123|131,346|
|Cash flows from investing
activities|||||||
|Interest receivable and similar|income|||4|9|837|
|Purchase oftangible
fixed assets||||12|(22,647)|(48,250)|
|Sale oftangible
fixed assets||||||51|
|Purchase ofinvestments||||13|(260,563)|(481,613)|
|Sale of Investments|||||305,478|296,771|
|Net cash flows from investing|activities||||22 277|232 204|
|Net increase/(decrease)
in cash and cash equivalents|||||38,400|(363,550)|
|Cash and cash equivalents
at|1 April||||94573|458 123|
|Cash and cash equivalents
at|31 March||||132,973|94,573|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|estimated
residual
value, over their expected
|useful economic
life as follows:||
|---|---|---|
|Asset class|Depreciation|method and rate|
|Land and buildings|2%on cost||
|Furniture
and equipment|15%on cost||
|Motor vehicles|25% on cost||
##
##
##
##
##
##
##
##
##
##
##
|a) Investment
m|anagement
|costs|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|||
||||||Total|Total|
||||Note|General
f|2021
6|2020|
|Other investment|management|costs;|||||
|Portfolio management||||12,153|12,153|13,610|
|||||12,153|12.153|13,610|
##
|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|||
||||||Total|Total|
|||||General|2021|2020|
||||Note|6||6|
|Accomodalion|and care|||693,439|693,439|564,507|
|Supporl coals- Accomodalion||and cere||19,618|19,618|23,398|
|Governance|costs|||57,462|57,462|41,636|
|||||770,519|770519|629,541,|
##
##
|Governance costs||||
|---|---|---|---|
||Unrestricted|||
||funds|||
|||Total|Total|
||General|2021|2020|
||6|6||
|Staff costs||||
|Wages and salaries|40,949|40,949|39,132|
|Social security coals|2,771|2,771|2,091|
|Pension costs|13,742|13,742|413|
||57,462|57,462|41.636|
##
##
||||2021|2020|
|---|---|---|---|---|
|Loss on disposal offixed assets held for the charity's||own use||1,599|
|Depreciation|offixed assets||25,368|27,057|
##
|The a|ggregate|payroll|costs were|as follows:|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020||
|||||||||||8|
|Staff|costs during the||year were:||||||||
|Wages and salaries||||||||450,437||430,453|
|Social security||costs||||||30,483||22,997|
|Pension costs||||||||151,157||4,541|
|||||||||632,077||457,991|
|The|monthly|average|number|of persons|(including|senior|management|team)|employed|by the|
|charity during||the year|expressed|as full time|equivalents|was|as follows:||||
|||||||||2021|||
|||||||||No|||
||||||||||26|25|
##
|12Tangible fixed assets||||||
|---|---|---|---|---|---|
||Land and|Furniture|and|||
||buildings|equipment||Motor vehicles|Total|
||F|||||
|Cost||||||
|At 1 April 2020|365,451|259,670||23,445|648,566|
|Additions|||16.652|5x995|2~2647|
|At 31 March 2021|365,451|276.322||29,440|671„213|
|Depreciation||||||
|At 1 April 2020|143,813|227,116||12,699|383,628|
|Charge for the year|7,309||10,698|7x360|25367|
|At 31 March 2021|151,122|237~814||20.059|408,995|
|Net book value||||||
|At 31 March 2021|214,329||38,508|9,381|262,218|
|At 31 March 2020|221,638||32,554|10,746|264,938|
|13Fixed asset investments||||||
|||||2021|2020|
|Other investments||||2.021,874|1,603,507|
##
##
|Other investments|||||
|---|---|---|---|---|
|||Listed|||
|||investments||Total|
|||E'||E|
|Cost or Valuation|||||
|At 1 April 2020||1,603,507||1,603,507|
|Revaluation|||444,355|444,355|
|Additions|||260,563|260,563|
|Disposals||286,551||286,551|
|At 31 March 2021||2,021 874||2,021 874|
|Net book value|||||
|At 31 March 2021||2,021,874||2,021,874|
|At 31 March 2020||1|603507|1 603507|
|14Debtors|||||
|||2021||2020|
|||||E|
|Prepayments|||7,707|4,560|
|Other debtors||||7325|
||||7,707|11,885|
|15Creditors: amounts|falling due within one year||||
|||2021||2020|
|||E||E|
|Trade creditors|||948|8,138|
|Other taxation and social|security||8,128|6,799|
|Other creditors|||2,271|2,023|
|Accru ale|||3,730|3730|
|||15,077||20,690|
##
##
##
##
##
##
|17Funds|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Other|||
|||||||||||recognised||Balance at|
|||Balance at 1|Incoming||Resources|||||gains/(losse||31 March|
|||April 2020|resources
6||expended
6||Transfers
6|||s)
6||2021|
|Unrestricted|funds||||||||||||
|General|||||||||||||
|Unrestricted|fund|1,954,213||774,872||(782,672)||(280,000)||463,282||2,129,695|
|Designated|||||||||||||
|Designated|||||||||||||
|unrestricted|fund|||||||280,000||||280,000|
|Total funds||1,954,213||774,872||782,672||||463,282||2,409,695|
|||||||||||Other|||
|||Balance at|1|Incoming||Resources|||recognised||Balance at 31||
|||April 2019||resources
6||expended
6|||gains/(losses)
6||March 2020||
|Unrestricted|funds||||||||||||
|General|||||||||||||
|Unrestricted|fund|2.111.910|||692.315||643|151||206 861||1 954213|
|18Analysis|ofnet|assets between funds|||||||||||
||||||Unrestricted||
|---|---|---|---|---|---|---|
||||||funds||
||||||General|Total funds|
||||||6|F|
|Tangible||fixed assets|||262,218|262,218|
|Fixed asset investments|||||2,021,874|2,021,874|
|Current|assets||||140,680|140,680|
|Current|liabilities||||15,077|15077|
|Total net||assets|||2,409,695|2,409,695|
|19Analysis ofnet funds|||||||
|||||||At 31 March|
||||At|1 April 2020
f|Cash flow
6|2021|
|Cash at||bank and in hand||94,573
38,400||132,973|
|Net debt||||94,573
38,400||132,973|
##
##
##
|||||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||General|Designated
f|2021f|2020
6|
|Income and Endowments||from:||||||
|Donations||||22,465||22,465|10,200|
|Covid-19 grants receivable||||34,880||34,880||
|Fees and accommodation||charges||676,859||676,859|625,422|
|Miscellaneous
income|||||||2,610|
|Dividends||||40,659||40,659|53,246|
|Bank interest||||9||9|837|
|Total Income||||774,872||774,872|692,315|
|Expenditure
on:||||||||
|Portfolio management||||12,153||12,153|13,610|
|Wages||||368,539||368,539|352,189|
|Social security||||24,941||24,941|18,815|
|Pensions||||123,673||123,673|3,715|
|Council charge||||1,493||1,493|1,441|
|Light, heat and water||||15,578||15,578|24,628|
|Insurance||||4,005||4,005|3,635|
|Repairs and maintenance||||17,341||17,341|16,638|
|Telephone
and office expenses||||6,856||6,856|5,644|
|General supplies||||64,767||64,767|55,665|
|Sundry expenses||||4,068||4,068|7,386|
|Motor and travelling
expenses||||3,477||3,477|9,538|
|Holidays,
outings and||||||||
|entertainment||||33,333||33,333|36,557|
|Accountancy
fees||||4,170||4,170|3,822|
|Bank and professional|charges|||15,448||15,448|19,576|
|Depreciation||||25,368||25,368|27,057|
|(Profit)/loss
on sale oftangible||||||||
|fixed assets held for charity's|||own|||||
|use|||||||1,599|
|Wages and salaries - Governance||||||||
|costs||||40,949||40,949|39,132|
|Social secudity - Governance|||costs|2,771||2,771|2,091|
|Pensions - Governance|costs|||13,742||13,742|413|
|Total Expenditure||||782,672||782,672|643,151|
|Operating
(Deficit) / Surplus||||(7,800)||(7,800)|49,164|
|Realised (gains)/losses|on|fixed||||||
|asset investments||||(18,927)||(18,927)|(5,821)|
|Unrealised
(gain)/loss
investment
assets|on|||j444~355|~444,355/||212~682|
|Net income/(expenditure)||||455,482||455,482|(157,697)|
|Transfers
between
funds||||(280i000)|280.000|||
|Net movement
in funds||||175,482|280,000|455,482|(157,697)|
##
|||||Total|Total|
|---|---|---|---|---|---|
|||General
f|Designated
f|2021
f|2020f|
|Reconciliation
of|funds|||||
|Total funds brought|forward|1 954213||1,954213|2111919|
|Total funds carried|forward|2,129,695|280,000|2,409,695|1,954,213|