| Note | Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Funds 2021 | Funds 2021 | Funds | Funds | |||||
| 2021 | 2020 | |||||||
| l: | ||||||||
| INCOME | ||||||||
| Donations Donations Government |
and legacies and grants grants and furlough |
286755 697898 |
286755 697898 |
201960 | ||||
| Charitable | Activities: | |||||||
| Government | funding | for training | 1526361 | 1526361 | 1860736 | |||
| services | ||||||||
| Rents for residential | ||||||||
| accommodation | 1612216 | 1612216 | 1503035 | |||||
| Government | funding | for residential | ||||||
| care | 2705052 | 2705052 | 2558278 | |||||
| Sale of produce and | services | 333366 | 333366 | 979390 | ||||
| investments | ||||||||
| Investment | income | 53451 | 53451 | 49029 | ||||
| TOTAL | 2983686 | 4231413 | 7215099 | 7152428 | ||||
| EXPENDITURE ON: | ||||||||
| Raising funds Negotiation ofgovernment |
funding | 52000 | 52000 | 49000 | ||||
| Fundraising | trading: | other | costs | 16744 | 16744 | 25259 | ||
| Investment | management | fees | 935 | 935 | 980 | |||
| Charitable | activities | |||||||
| Training services |
7a | 2124861 | 2124861 | 2384148 | ||||
| Residential | accommodation | 7b | 1116326 | 1116326 | 1056231 | |||
| Care services in residential |
||||||||
| accommodation | 7c | 3046459 | 3046459 | 3035246 | ||||
| Direct costs of produce and services |
7d | 66665 | 66665 | 281319 | ||||
| Other | ||||||||
| Management and administration |
7e | 210109 | 210109 | 195504 | ||||
| TOTAL | 1410779 | 5223320 | 6634099 | 7027887 |
| Note | Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds 2021 | Funds | Funds | Funds | ||||
| 2021 | 2021 | 2020 | |||||
| 5 | 5 | E | E | ||||
| NET INCOMEi(EXPENDITURE) | 1572907 | (991907) | 581000 | 124741 | |||
| Transfers between |
funds | 10 | (977433) | 977433 | |||
| 595474 | (14474) | 581000 | 124741 | ||||
| Other recognised gains/(losses) | |||||||
| Realised gains/(losses) on |
2990 | 2990 | 467 | ||||
| investments | |||||||
| Gains/(Losses) on investments |
revaluation | of | 11017 | 11017 | (6662) | ||
| Impairment ofsubsidiary |
|||||||
| company loan |
(766) | ||||||
| NET MOVEMENT | IN FUNDS | 509481 | (14474) | 595007 | 115800 | ||
| RECONCILIATION | OF FUNDS: | ||||||
| Total funds brought | forward | 7427223 | 213751 | 7640974 | 7525174 | ||
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 21 | 8039704 | 199277 | 8235981 | 7540974 |
| Notes | 6 | 2021 | 6 | 2020 | |||
|---|---|---|---|---|---|---|---|
| FIXEDASSETS | |||||||
| Tangible assets | 13 | 6543878 | 6656396 | ||||
| Investments | 14 | 146670 | 99701 | ||||
| 6690548 | 6756097 | ||||||
| CURRENT ASSETS | |||||||
| Stocks | 15 | 28039 | 20715 | ||||
| Debtors | 16 | 643352 | 563354 | ||||
| Cash at bank and | in hand | 1405048 | 900009 | ||||
| 2076439 | 1484078 | ||||||
| CREDITORS - amounts within one year |
falling due | 17 | (531006) | (588370) | |||
| NET CURRENT ASSETS | 1545433 | 895708 | |||||
| TOTAL ASSETS | LESSCURRENT | LIABILITIES | 8235981 | 7651805 | |||
| CREDITORS - amounts after more than one year |
falling | (10831) | |||||
| NET ASSETS | 21 | 8235981 | 7640974 | ||||
| UNRESTRICTED | FUNDS | ||||||
| General funds | 7961704 | 7351218 | |||||
| Designated funds |
75000 | 76005 | |||||
| 8036704 | 7427223 | ||||||
| RESTRICTED FUNDS | 199277 | 213751 | |||||
| TOTAL CHARITY | FUNDS | 21 | 8235981 | 7640974 |
| STATEMENT OF C 2021 |
ASH FLOWS |
FOR | THE | YEAR EN | DED 31 M |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Note | 6 | ||||
| CASH FLOWS FROM OPERATING ACTIVITES | 26 | 537654 | 193520 | ||
| INVESTING ACTIVITIES | |||||
| Dividends | 1238 | 2080 | |||
| Interest income | 1421 | 2140 | |||
| Rents received | 50794 | 44829 | |||
| Purchase offixed asset investments | (130974) | (86204) | |||
| Proceeds on disposal offixed asset investments | 98011 | 108792 | |||
| Proceeds on disposal oftangible assets | 152 | 4510 | |||
| Purchase oftangible fixed | assets | ~49239 | ~143933 | ||
| NET CASH USED IN INVESTING ACTIVITIES | (19618) | (68906) | |||
| FINANCING ACTIVITES |
|||||
| Payment ofobligations under finance leases |
~12997 | ~12996 | |||
| (12997) | (12996) | ||||
| Net increase (decrease) in |
cash and cash | ||||
| equivalents in the year |
505039 | 111618 | |||
| Cash and cash equivalents | at the beginning | of | |||
| the year | 900009 | 788391 | |||
| Total cash and cash equivalents at the end |
|||||
| ofthe year | 1405048 | 900009 |
| Donations and |
grant | s re | ceived during the year |
were as follows: | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| 6 | |||||
| Leathersellers | Guild | 15000 | 15000 | ||
| Garfield Weston Trust | 25000 | ||||
| Earnest Kleinwort | 3000 | 25000 | |||
| Bassil Shippam | and | Alsford Trust | 150000 | ||
| FGlenister and | Woodger | Trust | 50000 | ||
| LEADER | 29579 | ||||
| Individual donations |
not | exceeding 875,000 | 43755 | 132381 | |
| 286755 | 201960 | ||||
| Covid-19 —Government | grants | 697898 | |||
| 984653 | 201960 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Restricted | Restricted | |||
| Total | Total | |||
| 6 | 6 | |||
| From | Local | Authorities | 1526361 | 1860736 |
| 1526361 | 1860736 |
| RESIDENTIAL | CARE —Government fun |
ding and related c |
osts |
|---|---|---|---|
| 2021 | 2020 | ||
| Restricted | Restricted | ||
| 5 | 6 | ||
| Care Services in residential | |||
| accommodation | and allocated costs | 3046459 | 3035246 |
| 2021 | 2020 | |
|---|---|---|
| Unrestricted | Unrestricted | |
| 6 | ||
| Dividends | 1236 | 2060 |
| Interest | 1421 | 2140 |
| Rent receivable | 50794 | 44829 |
| 53451 | 49029 |
| AISING F | UNDS | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | 2021 | 2020 | |||
| 8 | ||||||
| Negotiation | offunding | 52000 | 52000 | 49000 | ||
| Cost offundraiser fundraising events |
and | 16744 | 16744 | 25259 | ||
| Investment fees |
management | 935 | 935 | 980 | ||
| Total raising funds | 17679 | 52000 | 69679 | 75239 | ||
| Forthe year ended | 31 March | 2020 | ||||
| Unrestricted | funds | 26239 | ||||
| Restricted funds | 49000 | |||||
| 75239 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| TRAINING | funds | funds | 2021 | 2020 |
| 8 | 8 | |||
| Staff costs | 1402892 | 1402892 | 1567260 | |
| Depreciation | 109361 | 109361 | 134626 | |
| Repairs and renewals | 101115 | 101115 | 121873 | |
| Other direct costs | 269155 | 269155 | 278241 | |
| 1882523 | 1882523 | 2102000 | ||
| Share ofsupport costs (see Note 7f) |
235632 | 235632 | 275262 | |
| Share ofgovernance costs (see Note 7f) |
6706 | 6706 | 6886 | |
| Total | 2124861 | 2124861 | 2384148 |
| 7a. | CHARITABLE ACTIVITIES EXPENDITURE (continued) | |
|---|---|---|
| Forthe year ended 31March 2020 | ||
| Unrestricted funds |
||
| Restricted funds | 2384148 | |
| 2384148 |
| HARITABLE ACTIVITIE | S EXPENDITURE | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| RESIDENTIAL ACCOMMODATION |
funds | funds | 2021 | 2020 |
| Rent payable to landlords | 1088828 | 1088828 | 1030171 | |
| 1088828 | 1088828 | 1030171 | ||
| Share ofsupport costs (see Note 7f) |
26853 | 26853 | 25424 | |
| Share ofgovernance costs (see Note 7f) |
645 | 645 | 636 | |
| Total | 1118326 | 1116328 | 1058231 |
| Forthe year ended 31 March 2020 | |
|---|---|
| Unrestricted funds |
1056231 |
| Restricted funds | |
| 1056231 |
| HARITABLE ACTIVITIE | S EXPENDITUR | E | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| CARE IN RESIDENTIAL | funds | funds | 2021 | 2020 |
| ACCOMMODATION | ||||
| 5 | ||||
| Staff costs | 2038815 | 2038815 | 2039606 | |
| Other direct costs | 351317 | 351317 | 310585 | |
| 2390132 | 2390132 | 2350191 | ||
| Share ofsupport costs (see Note 7f) |
639497 | 639497 | 668335 | |
| Share ofgovernance costs (see Note 7t) |
16830 | 16830 | 16720 | |
| Total | 3046459 | 3048459 | 3035246 |
| HARITABLE ACTIVI | TIES EXPENDITURE | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| PRODUCE AND SERVICES |
funds | funds | 2021 | 2020 |
| 6 | ||||
| Other direct costs | 66665 | 66665 | 281319 | |
| Total | 66665 | 66665 | 281319 |
| Forthe year ended 31 March 2020 | |
|---|---|
| Unrestricted funds |
281319 |
| Restricted funds | |
| 281319 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| MANAGEMENT AND ADMINISTRATION |
funds | funds | 2021 | 2020 | |
| 6 | 6 | ||||
| Staff costs | 210109 | 210109 | 195504 | ||
| Total | 210109 | 210109 | 195504 |
| HARITABLE ACTIV | ITIES | EXPENDITUR | E | ||
|---|---|---|---|---|---|
| SUPPORTS COSTS | Support | Governance | Total | Total | |
| (INCLUDING | costs | costs | 2021 | 2020 | |
| GOVERNANCE COSTS) | 6 | 6 | |||
| Staff costs | 648231 | 648231 | 680523 | ||
| Depreciation | 43215 | 43215 | 52213 | ||
| Other direct costs | 210536 | 210536 | 236285 | ||
| Governance costs | |||||
| Auditors remuneration |
12500 | 12500 | 12000 | ||
| Legal and professional | fees | 11681 | 11681 | 12242 | |
| Total | 901982 | 24181 | 926163 | 993263 | |
| Support | Governance | Total | Total | ||
| funds | costs | 2021 | 2020 | ||
| Analysed between: |
6 | 6 | 6 | ||
| Training | 235632 | 6706 | 242338 | 282148 | |
| Residential accommodation |
26853 | 645 | 27498 | 26060 | |
| Care in residential accommodation |
639497 | 16830 | 656327 | 685055 | |
| Total | 901982 | 24181 | 926163 | 993263 |
| STAFF C | OSTS | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 8 | 8 | |||
| Salaries | 3867120 | 4037881 | ||
| Social security costs | 269497 | 284920 | ||
| Pension | costs | 145111 | 148252 | |
| Life Assurance | 18319 | 11840 | ||
| 4300047 | 4482893 | |||
| Employees | earning | more than 870,000 during the year: | ||
| 2021 | 2020 | |||
| Number | Number | |||
| E70,001 - | 880,000 | 1 | 1 |
| e averag | e |
number ofemployees | , calculated on a hea |
d count basis wa | s: |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Number | Number | ||||
| Residential | projects | 131 | 131 | ||
| Training | projects | 126 | 125 | ||
| Management | and administration | ofthe Charity | 25 | 23 | |
| 282 | 279 |
| 3. TANGIBLE |
FIXEDASSET | S | ||||
|---|---|---|---|---|---|---|
| Furniture | ||||||
| Land and | Land and | Fixtures 8 | ||||
| Buildings | Buildings | Equipment | Plant & | Motor | ||
| Freehold | Leasehold | (inc Glass | Equipment | Vehicles | Total | |
| Houses) 6 |
6 | f | 6 | |||
| Cost or | ||||||
| valuation: | ||||||
| 1 April 2020 | 7257999 | 252605 | 66833 | 428722 | 145707 | 8151866 |
| Additions | 16165 | 24093 | 40258 | |||
| Disposals | (21195) | (21195) | ||||
| 31 March 2021 | 7274164 | 252605 | 66833 | 428722 | 148605 | 8170929 |
| Depreciation: | ||||||
| 1 April 2020 | 895491 | 157586 | 66239 | 301188 | 74966 | 1495470 |
| Charge for the | ||||||
| year | 94335 | 18416 | 89 | 16078 | 23658 | 152576 |
| Disposals | (20995) | (20995) | ||||
| 31 March 2021 | 989826 | 176002 | 66328 | 317266 | 77629 | 1627051 |
| Net book value: | ||||||
| 31 March 2021 | 6284338 | 76603 | 505 | 111456 | 70976 | 6543878 |
| Net book value: | ||||||
| 31 March 2020 | 6362508 | 95019 | 594 | 127534 | 70741 | 6656396 |
| NVESTMENTS | |||
|---|---|---|---|
| Listed | Subsidiary | Total | |
| Investmentsf | Undertakingsf | ||
| Cost or valuation: | |||
| At 1 April 2020 | 99700 | 99701 | |
| Additions | 130975 | 130975 | |
| Valuation changes |
11017 | 14006 | |
| Disposals | (95022) | (98012) | |
| At 31*'March 2021 | 146670 | 146670 | |
| Carrying amount At 31*'March 2021 |
146670 | 146670 | |
| At 31"March 2020 | 99700 | 1 | 99701 |
| 16. | DEBTORS | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Amounts falling due within one year |
6 | 6 | |||
| Trade debtors | 423255 | 388784 | |||
| Amounts owed by subsidiary |
undertakings | 42 | |||
| Other debtors and prepayments | 209597 | 164028 | |||
| 532852 | 552854 | ||||
| Amounts falling due after one year |
|||||
| Other debtors and prepayments | 10500 | 10500 | |||
| Total Debtors | 643352 | 563354 | |||
| 17. | CREDITORS - Amounts | falling due within one year | |||
| 2021 | 2020 | ||||
| 6 | 6 | ||||
| Trade creditors | 73671 | 33015 | |||
| Obligations under finance |
leases (note 19) | 10830 | 12997 | ||
| Other creditors | 328434 | 384118 | |||
| Other taxes and social security | 118071 | 158240 | |||
| 531006 | 588370 | ||||
| 18. | CREDITORS - Amounts | falling due after one year | |||
| 2021 | 2020 | ||||
| 6 | 6 | ||||
| Obligations under finance |
leases (note 19) | 10831 | |||
| 19. | FINANCE LEASE COMMITMENTS | ||||
| 2021 | 2020 | ||||
| 6 | |||||
| Within one year | 10830 | 12997 | |||
| Within two and five years | 10831 | ||||
| 10830 | 23828 |
| 22. | RECONCILIATION OF MOVEMEN |
TS IN RE |
SERVES | |
|---|---|---|---|---|
| 2021 | 2020 | |||
| 8 | ||||
| Surplus for the financial year | 595007 | 115800 | ||
| Opening reserves |
7640974 | 7525174 | ||
| 8236981 | 7640974 | |||
| 23. | CAPITAL COMMITMENTS | |||
| At 31 March 2021 the charitable | company | had capital commitments | as follows: | |
| 2021 | 2020 | |||
| Contracted for but not provided |
in the financial | |||
| statements | 229000 |
| Unrestricted | Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|---|
| Funds | 2020 | Funds 2020 | Funds | ||||
| 2020 | |||||||
| 6 | 8 | 8 | |||||
| INCOME | |||||||
| Donations | and legacies | ||||||
| Donations | and grants | 201960 | 201960 | ||||
| Charitable | Activities: | ||||||
| Government | funding | for training | |||||
| services | 1860736 | 1802832 | |||||
| Rents for residential | |||||||
| accommodation | 1503035 | 1503035 | |||||
| Government | funding | for residential | |||||
| care | 2558278 | 2558278 | |||||
| Sale ofproduce and | services | 979390 | 979390 | ||||
| investments | |||||||
| Investment | income | 49029 | 49029 | ||||
| TOTAL | 2733414 | 4419014 | 7152428 | ||||
| EXPENDITURE ON: | |||||||
| Raising funds | |||||||
| Negotiation | ofgovernment | funding | 49000 | 49000 | |||
| Fundraising | trading: | other | costs | 25259 | 25259 | ||
| Investment | management | fees | 980 | 980 | |||
| Chantable | activities | ||||||
| Training services |
2384148 | 2384148 | |||||
| Residential | accommodation | 1056231 | 1056231 | ||||
| Care services in residential |
|||||||
| accommodation | 3035246 | 3035246 | |||||
| Direct costs ofproduce and | |||||||
| services | 281319 | 281319 | |||||
| Other | |||||||
| Management and administration |
195504 | 195504 | |||||
| TOTAL | 1559293 | 5468394 | 7027687 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| Funds 2020 | Funds | Funds | |||
| 2020 | 2020 | ||||
| 5 | 5 | ||||
| NET INCOME/(EXPENDITURE) | 1174121 | (1049380) | 124741 | ||
| Transfers between |
funds | (1034906) | 1034906 | ||
| 139215 | (14474) | 124741 | |||
| Other recognised gainsl(tosses) | |||||
| Realised gains/(losses) on |
487 | 487 | |||
| investments | |||||
| Gains/(Losses) on investments |
revaluation | of | (8662) | (8662) | |
| Impairment ofsubsidiary |
|||||
| company loan |
(766) | (766) | |||
| NET MOVEMENT | IN FUNDS | 130274 | (14474) | 115800 | |
| RECONCILIATION | OF FUNDS: | ||||
| Total funds brought | forward | 7296949 | 228225 | 7525174 | |
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 7427223 | 213751 | 7540974 |