2022-07-31-accounts - Pennine Camphill Community

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Report ofthe Trustees	1 to	9
Report ofthe IndePendent Auditors	10 to	13
Statement ofFinancial Activities	14
Balance Sheet	15 to	16
Cash Flow Statement	17
Notes tothe Cash Flow Statement	18
Notes tothe Financial Statements	19 to	36
Detailed Statement ofFinancial Activities	37 to	38

							$1.7.22	31.7.21
				Unrestricted	Restricted	Designated	Total	Total
			Notes	fund f	funds f	funds f	funds f	fundsf
INCOME AND
ENDOWMENTS		FROM
Donations	and	legacies	2	4,967	1,400		6,367	20,429
Charitable	activities
Charitable				2,558,460	51,148		2,609,608	2,105,194
Investment	income			82			82	125
Total				2,563,509	52,548		2,616,057	2,125,748
EXPENDITURE		ON
Charitable	activities
Charitable				2,1525$9	48,336		2,200,725	1,787,901
Total				2,152,389	48,336		2,200,725	1,787,901
NET INCOME				411,120	4,212		415,332	337,847
RECONCILIATION OF FUNDS
Total funds	brought forward			2,870,328	43,509	511,118	3,424,955	3,087,108
TOTAL FUNDS		CARRIED
FORWARD				8,282,448	47,721	511,118	~,$49,2$7	3,424,955

BALANCE SHEET 31jULY 2022
					31.7.22	31.7.21
		Unrestricted	Restricted	Designated	Total	Total
		fund	funds	funds	funds	funds
	Notes	f	f	f	f	f
FIXEDASSETS
Tangible assets	12	4,282,381		340,718	4,623,099	4,661,222
Investments	13	3,199			3,199	4,639
		4,285,580		340,718	4,626,298	4,665,861
CURRENT ASSETS
Debtors	14	66,967			66,967	64,917
Cash at bank and in hand		147,695	47,721	170,400	365,816	11,469
		214,662	47,721	170,400	432,783	76,386
CREDITORS
Amounts falling due within
one year	15	(135,931)			(135,931)	(167,386)
NET CURRENT ASSETS		78,731	47,721	170,400	296,852	(91,000)
TOTAL ASSETSLESS
CURRENT LIABILITIES		4,364,311	47,721	511,118	4,923,150	4,574,861
CREDITORS
Amounts falling due after
more than one year	16	(1,082,863)			(1,082,863)	(1,149,906)
NET ASSETS		3,281,448	47,721	511,118	3,840,287	3,424,955
FUNDS	19
Unrestricted funds					3,281,448	2,870,328
Restricted funds					47,721	43,509
Designated funds					511,118	511,118
TOTAL FUNDS					3,840,287	3,424,955

FOR THE YEAR ENDED 31	JULY2022
				31.7.22	31.7.21
			Notes	f	E
Cash flows from operating	activities
Cash generated from operations				463,324	440,359
Interest paid				(77,452)	(81,878)
Nat cash provided by operating activities				385,872	358,481
Cash flows from investing	activities
Purchase oftangible fixed	assets			(8,329)	(14,832)
Sale oftangible fixed assets				39,419
Interest received				1	3
Net cash provided by/(used	in) investing		activities	31,091	(14,829)
Cash flows from financing	activities
Loan repayments in year				(62,616)	(58,190)
Net cash used in financing	activities			(62,616)	(58,190)
Change In cash and cash equivalents		in
the reporting period				354,347	285,462
Cash and cash equivalents	at the
beginning ofthe reporting	period			11,469	(273,993)
Cash and cash equivalents	at the end
ofthe reporting period				365,816	11,469

RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OPERATING	ACTIVITIES
						$1.7.22	31.7.21
							E
Net Income forthe		reporting	period (asper the	Statement of
Financial Activities)						415,$$2	337,847
Adjustments for:
Depreciation charges						8,040	8,993
(Profit)/loss on disposal offixed assets						(1,007)	285
Interest received						(1)	(3)
Interest paid						77,4S2	81,878
Loss on revaluation		ofassets				1,440	120
Increase in debtors						(2,050)	(51,428)
(Decrease)/increase		In creditors				@$5,882)	62,667
Net cash provided		by operations				46$,$24	440,359
ANALYSIS OF CHANGES IN NET DEBT
				At	1.8.21	Cash flow	At $1.7.22
					E	E	8
Net cash
Cash at bank and	in hand				11,469	$54,347	$65,816
					11,469	$54,$47	$65,816
Debt
Debts falling due within 1year				(58,190)		(4,426)	(62,616)
Debts falling due	after 1year			(1,149,906)		67,04$	(1,082,8631
				(1,208,096)		62,617	(1,145,479)
Total				(1y196g627)		416p964	(779,66$)

		31.7.22	31.7.21
	Activity	E	f
RDA income	Charitable		1,059
Fees	Charitable	2,587,895	2,059,970
Other Income	Charitable	21.713	44,165
		2,409,409	2,101,194

COMPARA	TIVES FOR THE STA	TEMENT O	F FINANCIAL ACTI	VITIES
			Unrestricted	Restricted	Designated	Total
			fund	funds	funds	funds
			E	E	E	E
INCOME AND ENDOWMENTS		FROM
Donations	and legacies		(27,695)	48,124		20,429
Charitable	activities
Charitable			2,088,647	16,547		2,105,194
Investment	income		125			125
Total			2,061,077	64,671		2,125,748

COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued
			Unrestricted	Restricted	Designated	Total
			fund	funds	funds	funds
			E	E	E	f
EXPENDITURE ON
Raising funds
Raising donations	and legacies
Charitable activities
Charitable			1,732,045	55,856		1,787,901
Total			1,732045	55,856		1,787,901
NET INCOME			329,032	8,815		337,847
Transfers between		funds	(170,400)		170,400
Net movement In	funds		158,632	8,815	170,400	337,847
RECONCILIATION	OF FUNDS
Total funds brought		forward	2,711,696	34,694	340,718	3,087,108
TOTAL FUNDS CARRIED FORWARD			2,870,328	43,509	511,118	3,424,955

FOR	THE YEAR ENDED 31JULY2	022
12.	TANGIBLE FIXEDASSETS
		Freehold	Leasehold	Motor	Computer
		property	improvements	vehicles	equipment	Totals
		E	E	E	E	E
	COST
	At 1August 2021	5,410,525	38,017	88,960	47,999	5,585,501
	Additions				8,329	8,329
	Disposals		(38,017)	(7,031)		t45,048)
	At 31July 2022	5,410,525		81,929	56,328	5,548,782
	DEPRECIATION
	At 1August 2021	816,953		69,931	37,395	924,279
	Charge for year Eliminated on disposal			4,658 ~$,6065	3,382	8,040 ~6,6565
	At 31July 2022	816,953		67,953	40,777	925,683
	NET BOOK VALUE
	At 31July 2022	4 600.622		10,026	15,~51	4,$26,099
	At 31July 2021	4,593,572	38,017	19,029	10,604	4,601,222
13.	FIXEDASSET INVESTMENTS
						Unlisted
						investments
						E
	MARKET VALUE
	At 1August 2021					4,639
	Revaluations					(1,440)
	At 31July 2022					3,199
	NET BOOK VALUE
	At 31July 2022					3,199
	At 31July 2021					4,639
	There were no investment	assets outside	the UK.

	Cost or valuati	on at3	1J	uly 2022 is represented by:
						Unlisted
						Investments
						f
	Valuation in 2022					8,199
14.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					81.7.22	31.7.21
					f
	Trade debtors				59,202	64,917
	Prepayments	and accrued income			7,765
					66,967	64,917
15.	CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
					81.7.22	31.7.21
					f	f
	Bank loans (see note		171		62,616	58,190
	Trade creditors				44,887	47,041
	Other creditors				490	49,141
	Accruals				27,988	13,014
					185,981	167,386

NOTES TOTHE FINANCIAL STATEMENTS - continued	NOTES TOTHE FINANCIAL STATEMENTS - continued	NOTES TOTHE FINANCIAL STATEMENTS - continued	NOTES TOTHE FINANCIAL STATEMENTS - continued	NOTES TOTHE FINANCIAL STATEMENTS - continued
FOR	THE YEAR ENDED 31JULY2022
16.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
							31.7.22	31.7.21
							f	f
	Bank loans (see note 18)						1,002,069	1,149,906
17.	I.DANS
	An analysis ofthe maturity	of	loans is given below:
							31.7.22	31.7.21
							f	f
	Amounts falling due within	one year on demand:
	Bankloans						62,616	58,190
	Amounts falling due between		two and five years:
	Bank loans - 2-5 years						250,465	232,761
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bank loans more 5yr by instal						832,398	917,145
18.	SECURED DEBTS
	The following secured debts are included			within creditors:
							31.7.22	31.7.21
							f	f
	Bank loans						1,149,429	1,209,096
	The bank loan and overdraft		are secured	by means of	a fixed and	floating charge over		the assets of
	the charitable company.
	The bank loan is repayable	by	installments	and interest	is charged	on	normal commercial	terms.

MOVEMENT	IN FU	NDS
						Net
						movement	At
					At 1.8.21	in funds	31.7.22
					f	E	E
Unrestricted	funds
General fund					2,870,$28	411,120	$,281,448
Restricted funds
LSISPRD Fund					$,4$7	($,4$7)
EFA Capital	Fund				7,018	($$5)	6,68$
Other ESFA	income				$,581		$,581
DFC Capital	grant				$,894	$$,292	$7,186
EFAStudent	Financial Support			Fund	25,579	(25,579)
Mental health Training			Fund			6	6
ASDA Foundation		Grant				265	265
					4$,509	4,212	47,721
Designated	Funds				511,118		511,118
TOTAL FUNDS					Sg424g955	415g3$2	Sg840g287

				Incoming	Resources	Movement
				resources	expended	in funds
				E	E	E
Unrestricted funds
General fund				2 563 509	(2 152g389)	411p120
Restricted funds
LSISPRD Fund					(3,437)	(3,437)
EFA Capital Fund				6,683	(7,018)	(335)
DFC Capital grant				33,292		33,292
EFAStudent Financial Support			Fund		(25,579)	(25,579)
Thomas Baily Fund				(300)	300
Mental health Training		Fund		1,200	(1,194)	6
ASDA Foundation	Grant			500	(235)	265
ESFA Covid Support				11,173	(11,173)
				52,548	(48,336)	4,212
TOTAL FUNDS				2,616,057	(2p200J725)	415,332

				Net	Transfers
				movement	between	At
			At 1.8.20	In funds	funds	31.7.21
			E	E		E
Unrestricted	funds
General fund			2,711,696	329,032	(170,400)	2,870,328
Restricted funds
LSISPRD Fund			3,437			3,437
EFA Capital	Fund		6,019	999		7,018
Other ESFA	Income			3,581		3,581
DFC Capital	grant			3,894		3,894
EFAStudent Financial Support Thomas gaily Fund		Fund	21,751 3,487	3,828 ~3,487)		25,579
			34,694	8,815		43,509
Designated	Funds		340,718		170,400	511,118
TOTAL FUNDS			3,087,108	337,847		3,424,955

				Incoming	Resources	Movement
				resources	expended	in funds
				E	E	E
Unrestricted		funds
General fund				2,061,077	(1,732,045)	329,032
Restricted funds
Covid-19				15,900	(15,900)
EFA Capital	Fund			22,719	(21,720)	999
Other ESFA	income			3,581		3,581
DFC Capital	grant			5,924	(2,030)	3,894
Tuition Fund				11,400	(11,400)
EFAStudent	Financial Support		Fund	5,147	(1,319)	3,828
Thomas Baily		Fund			(3,487)	(3,487)
				64,671	(55,856)	8,815
TOTALFUNDS				2,125,748	(1,787,901)	337,847

					Net	Transfers
					movement	between	At
				At 1.8.20	in funds	funds	31.7.22
				f		f	f
Unrestricted funds
General fund				2,711,696	740,152	(170,400)	3,281,448
Restricted funds
LSISPRD Fund				3,437	(3,437)
EFA Capital Fund				6,019	664		6,683
Other ESFAincome					3,581		3,581
DFC Capital grant					37,186		37,186
EFAStudent Financial Support			Fund	21,751	(21,751)
Thomas gaily Fund				3,487	(3,487)
Mental health Training		Fund			6		6
ASDA Foundation	Grant				265		265
				34,694	13,027		47,721
Designated Funds				340,718		170,400	511,118
TOTAL FUNDS				DD87,188	733,178	-	3,83D287

				Incoming	Resources	Movement
				resources f	expended f	in funds f
Unrestricted funds
General fund				4,624,586	(3,884,434)	740,152
Restricted funds
Covid-19				15,900	(15,900)
LSISPRD Fund					(3,437)	(3,437)
EFA Capital Fund				29,402	(28,738)	664
Other ESFA income				3,581		3,581
DFC Capital grant				39,216	(2,030)	37,186
Tuition Fund				11,400	(11,400)
EFAStudent Financial Support			Fund	5,147	(26,898)	(21,751)
Thomas Bally Fund				(300)	(3,187)	(3,487)
Mental health Training		Fund		1,200	(1,194)	6
ASDA Foundation	Grant			500	(235)	265
ESFA Covid Support				11,173	(11,173)
				117,219	(104,192)	13,027
TOTAL FUNDS				4,741,805	i3,988,626i	753,179

		31.7.22	31.7.21
		E	f
INCOME AND ENDOWMENTS
Donations and legacies
Donations and appeals		6,$67	20,429
Investment income
Dividends receivable		81	122
Interest receivable		1	3
		82	125
Charitable activities
RDA income			1,059
Fees		2,587,895	2,059,970
Other income		21.71$	44,165
		2,609,608	2,105,194
Total incoming resources		2,616,057	2,125,748
EXPENDITURE
Charitable activities
Wages		66$,974	841,555
Social security		44,822	55,208
Pensions		39,178	36,704
Insurance		36,272	29,116
Light and heat		61,586	68,658
ILTexpenses		76,771	67,316
Household expenses		26,825	28,027
Student education and training	expenses	59,180	49,608
Repairs and renewals		77,185	119,316
Office expenses		20,050	20,145
Student support expenses		48,870	8,884
Motor and travel expenses		12,993	12,846
Food		17,160	15,514
Carried forward		1,184,866	1,352,897

FOR THE YEAR ENDE	D	$	1JULY2022
				31.7.22	31.7.21
				E
Charitable activities
Brought forward				1,184,866	1,352,897
Organisational expenses				21,684	11,595
Donations				1,905
HR costs				66,661	23,028
Rent				920	3,120
Bad debts					6,277
Agency staffing costs				212,$86	51,382
East Lodge costs				$8,017
Motor vehicles depreciation				4,659	6,343
Computer equipment		depreciation		$,$81	2,650
Loss on revaluation	of	fixed asset
investments				1,440	120
Loss/(profit) on sale	oftangible fixed assets			(1,007)	285
				1,534,912	1,457,697
Support costs
Management
Wages and salaries				501,62$	187,305
Social security				47,793	17,482
				549,416	204,787
FInance
Bank and credit card		charges		5,815	9,157
Bank interest payable				77,452	81,878
				8$,267	91,035
Governance costs
Auditors' remuneration				12,000	12,000
Auditors' remuneration			for non audit work	1,680
Legal and professional			fees	19,450	22,382
				$$,1$0	34,382
Total resources expended				2,200,725	1,787,901
Net Income				415.$82	357,847