| Note | Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds 2022 | Funds 2022 | Funds | Funds | ||||
| 2022 | 2021 | ||||||
| E | E | ||||||
| INCOME | |||||||
| Donations and legacies | |||||||
| Donations and grants |
307782 | 307782 | 286755 | ||||
| Government grants and furlough |
208672 | 208672 | 697898 | ||||
| Charitable Activities: |
|||||||
| Government funding services |
for training | 1655818 | 1655818 | 1526361 | |||
| Rents for residential | |||||||
| accommodation | 1684563 | 1684563 | 1612216 | ||||
| Government funding |
for residential | ||||||
| care | 2807149 | 2807149 | 2705052 | ||||
| Sale of produce and |
services | 689651 | 689651 | 333366 | |||
| Investments | |||||||
| Investment income |
55043 | 55043 | 53451 | ||||
| TOTAL | 2945711 | 4462967 | 7408678 | 7215099 | |||
| EXPENDITURE ON: | |||||||
| Raising funds | |||||||
| Negotiation ofgovernment |
funding | 54000 | 54000 | 52000 | |||
| Fundraising trading: other |
costs | 23085 | 23085 | 16744 | |||
| Investment management |
fees | 1544 | 1544 | 935 | |||
| Charitable activities |
|||||||
| Training services | 7a | 1938914 | 1938914 | 2124861 | |||
| Residential accommodation |
7b | 1162647 | 1162647 | 1116326 | |||
| Care services in residential |
|||||||
| accommodation | 7c | 3201503 | 3201503 | 3046459 | |||
| Direct costs ofproduce and | |||||||
| services | 7d | 169933 | 169933 | 66665 | |||
| Other | |||||||
| Management and administration |
7e | 218043 | 218043 | 210109 | |||
| TOTAL | 1575252 | 5194417 | 6769669 | 6634099 |
| Note | Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds 2022 | Funds | Funds | Funds | ||||
| 2022 | 2022 | 2021 | |||||
| 6 | 6 | 6 | |||||
| NET INCOME/(EXPENDITURE) | 1370459 | (731450) | 639009 | 581000 | |||
| Transfers between |
funds | 10 | (716976) | 716976 | |||
| 653483 | (14474) | 639009 | 581000 | ||||
| Other recognised gains/(losses) | |||||||
| Realised gains/(losses) on |
4374 | 4374 | 2990 | ||||
| investments | |||||||
| Gains/(Losses) on investments |
revaluation | of | (5728) | (5728) | 11017 | ||
| NET MOVEMENT | IN FUNDS | 652129 | (14474) | 637656 | 695007 | ||
| RECONCILIATION | OF FUNDS: | ||||||
| Total funds brought | forward | 8036704 | 199277 | 8235981 | 7640974 | ||
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 21 | 8688833 | 184803 | 8873636 | 8235981 |
| TATEMENT OF 022 |
CA | SH FLOWS |
FOR | THE | YEAR EN | DED 31 M |
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Note | 8 | |||||
| CASH FLOWS FROM | OPERATING ACTIVITES | 27 | 833345 | 537654 | ||
| INVESTING ACTIVITIES | ||||||
| Dividends | 2526 | 1236 | ||||
| Interest income | 90 | 1421 | ||||
| Rents received | 52427 | 50794 | ||||
| Purchase offixed asset investments |
(343484) | (130974) | ||||
| Proceeds on disposal | offixed asset investments | 217985 | 98011 | |||
| Proceeds on disposal oftangible assets Purchase oftangible fixed assets |
~238940 | 152 ~40208 |
||||
| NET CASH USED IN INVESTING ACTIVITIES | (309366) | (19618) | ||||
| FINANCING ACTIVITES |
||||||
| Payment ofobligations |
under finance leases | (10830) | (12997) | |||
| Proceeds of borrowing | 300000 | |||||
| 289170 | (12997) | |||||
| Net increase (decrease) in |
cash and cash | |||||
| equivalents in the year |
813149 | 505039 | ||||
| Cash and cash equivalents | at the beginning | of | ||||
| the year | 1405048 | 900009 | ||||
| Total cash and cash | equivalents at the end |
|||||
| ofthe year | 2218191 | 1408048 |
| Donations and |
grant | s rec | eived during the year |
were as follows: | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | 6 | ||||
| Leathersellers | Guild | 15000 | 15000 | ||
| Garfield Weston Trust | 25000 | ||||
| Earnest Kleinwort | 3000 | ||||
| Bassil Shippam | and | Alsford Trust | 150000 | ||
| FGlenister and | Woodger | Trust | 50000 | ||
| Baily Thomas | 10000 | ||||
| Cullum Family |
Trust | 125000 | |||
| Nationwide Building |
Society | 10000 | |||
| Individual donations |
not | exceeding f75,000 | 147782 | 43755 | |
| 307782 | 286755 | ||||
| Covid-19 —Government | grants | 208672 | 697898 | ||
| 516454 | 984653 |
| RESIDENTIAL | CARE —Government fun |
ding and related c |
osts |
|---|---|---|---|
| 2022 | 2021 | ||
| Restricted | Restricted | ||
| 6 | |||
| Care Services | in residential | ||
| accommodation | and allocated costs | 3201503 | 3046459 |
| 2022 | 2021 | |
|---|---|---|
| Unrestricted | Unrestricted | |
| 6 | 5 | |
| Dividends | 2526 | 1236 |
| Interest | 90 | 1421 |
| Rent receivable | 52427 | 50794 |
| 55043 | 53451 |
| AISING F | UNDS | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | 2022 | 2021 | |||
| 6 | 8 | |||||
| Negotiation | offunding | 54000 | 54000 | 52000 | ||
| Cost offundraiser | and | 23085 | 23085 | 16744 | ||
| fundraising | events | |||||
| Investment fees |
management | 1544 | 1544 | 935 | ||
| Total raising funds | 24629 | 54000 | 78629 | 69679 | ||
| Forthe year ended | 31 | March 2021 | ||||
| Unrestricted | funds | 17679 | ||||
| Restricted | funds | 52000 | ||||
| 69679 |
| HARITABLE ACTIVITI | ES EXPENDITUR | E | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| TRAINING | funds | funds | 2022 | 2021 |
| 8 | 6 | |||
| Staff costs | 1237161 | 1237161 | 1402892 | |
| Depreciation | 104001 | 104001 | 109361 | |
| Repairs and renewals | 142015 | 142015 | 101115 | |
| Other direct costs | 213876 | 213876 | 269155 | |
| 1697053 | 1697053 | 1882523 | ||
| Share ofsupport costs (see Note 7f) |
233540 | 233540 | 235632 | |
| Share ofgovernance costs (see Note 7f) |
8321 | 8321 | 6706 | |
| Total | 1938914 | 1938914 | 2124861 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| RESIDENTIAL ACCOMMODATION |
funds | funds | 2022 | 2021 |
| Rent payable to landlords | 1133444 | 1133444 | 1088828 | |
| 1133444 | 1133444 | 1088828 | ||
| Share ofsupport costs (see Note 7fi |
28451 | 28451 | 26853 | |
| Share ofgovernance costs (see Note 7f) |
752 | 752 | 645 | |
| Total | 1162647 | 1162647 | 1116326 |
| Forthe yea | r ended 31 March 2021 | |
|---|---|---|
| Unrestricted | funds | 1116326 |
| Restricted | funds | |
| 1116326 |
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| CARE IN RESIDENTIAL ACCOMMODATION |
funds | funds | 2022 | 2021 |
| 6 | ||||
| Staff costs | 2186318 | 2186318 | 2038815 | |
| Other direct costs | 365421 | 365421 | 351317 | |
| 2551739 | 2551739 | 2390132 | ||
| Share of support costs (see Note 7' |
638930 | 638930 | 639497 | |
| Share ofgovernance costs (see Note 7' |
10834 | 10834 | 16830 | |
| Total | 3201503 | 3201503 | 3046459 |
| HARITABLE ACTIVI | TIES EXPENDITURE | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| PRODUCE AND SERVICES |
funds | funds | 2022 | 2021 |
| 6 | ||||
| Other direct costs | 169933 | 169933 | 66665 | |
| Total | 169933 | 169933 | 66665 |
| HARITABLE | ACTIVIT | IES EXPENDITURE | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| MANAGEMENT AND ADMINISTRATION |
funds | funds | 2022 | 2021 | |
| K | K | ||||
| Staff costs | 218043 | 218043 | 210109 | ||
| Total | 218043 | 218043 | 210109 |
| SUPPORTS COSTS | Support | Governance | Total | Total |
|---|---|---|---|---|
| (INCLUDING | costs | costs | 2022 | 2021 |
| GOVERNANCE COSTS) | ||||
| Staff costs | 647222 | 647222 | 648231 | |
| Depreciation | 40144 | 40144 | 43215 | |
| Other direct costs | 213555 | 213555 | 210536 | |
| Governance costs | ||||
| Auditors remuneration |
13000 | 13000 | 12500 | |
| Legal and professional fees | 6907 | 6907 | 11681 | |
| Total | 900921 | 19907 | 920828 | 926163 |
| Support | Governance | Total | Total | |
| funds | costs | 2022 | 2021 | |
| Analysed between: |
E | 6 | 6 | 6 |
| Training | 233540 | 8321 | 241861 | 242338 |
| Residential accommodation |
28451 | 752 | 29203 | 27498 |
| Care in residential accommodation |
638930 | 10834 | 649764 | 656327 |
| Total | 900921 | 19907 | 920828 | 926163 |
| STAFF C | OSTS | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | ||||
| Salaries | 3853652 | 3867120 | ||
| Social security costs | 282126 | 269497 | ||
| Pension | costs | 140585 | 145111 | |
| Life Assurance | 16106 | 18319 | ||
| 4292469 | 4300047 | |||
| Employees | earning | more than f70,000 during the year: | ||
| 2022 | 2021 | |||
| Number | Number | |||
| 670,001 - | F80,000 | 1 | 1 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Number | Number | ||||
| Residential | projects | 131 | 131 | ||
| Training | projects | 108 | 126 | ||
| Management | and administration | ofthe Charity | 25 | 25 | |
| 264 | 282 |
| 3. TANGIBLE |
FIXEDASSET | S | ||||
|---|---|---|---|---|---|---|
| Furniture | ||||||
| Land and | Land and | Fixtures 8 | ||||
| Buildings Freehold |
Buildings Leasehold |
Equipment (inc Glass |
Plant & Equipment |
Motor Vehicles |
Total | |
| Houses) | ||||||
| Cost or | ||||||
| valuation: | ||||||
| 1 April 2021 | 7274164 | 252605 | 66833 | 428722 | 148605 | 8170929 |
| Additions | 238910 | 238910 | ||||
| Disposals | ||||||
| 31 March 2022 | 7513074 | 252605 | 66833 | 428722 | 148605 | 8409839 |
| Depreciation: | ||||||
| 1 April 2021 | 989826 | 176002 | 66328 | 317266 | 77629 | 1627051 |
| Charge for the | ||||||
| year | 96607 | 16343 | 76 | 13375 | 17744 | 144145 |
| Disposals | ||||||
| 31 March 2022 | 1086433 | 192345 | 66404 | 330641 | 95373 | 1771196 |
| Net book value: | ||||||
| 31 March 2022 | 6426641 | 60260 | 429 | 98081 | 53232 | 6638643 |
| Net book value: | ||||||
| 31 March 2021 | 6284338 | 76603 | 505 | 111456 | 70976 | 6543878 |
| ear. | |
|---|---|
| 2022 | 2021 |
| 6 | 6 |
| 25328 |
| INVESTMENTS | |||||||
|---|---|---|---|---|---|---|---|
| Listed | |||||||
| Investments | |||||||
| E | |||||||
| Cost orvaluation: | |||||||
| At 1 April 2021 | 146670 | ||||||
| Additions | 343484 | ||||||
| Valuation changes | (1355) | ||||||
| Disposals | (217985) | ||||||
| At 31*' March 2022 | 270814 | ||||||
| Carrying amount At 31"March 2022 |
270814 | ||||||
| At 31"March 2021 | 145570 | ||||||
| The listed investments | are recorded | at fair | value. | ||||
| Included within Cash |
at bank and | in hand | within | the balance | sheet are funds | held | in the |
| brokers income and trading accounts of59873(2021 - 5444). |
| 15. | STOCKS | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 5 | 5 | ||||
| Raw materials, | consumables | and growing | |||
| crops | 27898 | 28039 |
| DEBTORS | ||
|---|---|---|
| Amounts falling due within one year |
2022 6 |
2021 f |
| Trade debtors | 461308 | 423255 |
| Other debtors and prepayments | 175364 | 209597 |
| 636672 | 632852 | |
| Amounts falling due after one year |
||
| Other debtors and prepayments | 10500 | 10500 |
| Total Debtors | 647172 | 643352 |
| 17. | CREDITORS - Amounts | falling due within one year | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 6 | ||||
| Bank loan (note 18) | 50000 | |||
| Trade creditors | 93674 | 73671 | ||
| Obligations under finance |
leases (note 18) | 10830 | ||
| Other creditors | 400280 | 328434 | ||
| Other taxes and social security | 135134 | 118071 | ||
| 679088 | 631006 | |||
| 18. | CREDITORS - Amounts | falling due after one year | ||
| 2022 | 2021 | |||
| 6 | 6 | |||
| Bank loan | 250000 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| 6 | ||||||
| Within | one | year | 10830 | |||
| Within | two | and | five | years | ||
| 10830 |
| fu | ture minimum leas |
e payments under non-c |
ancellable operating leases, |
ancellable operating leases, |
as follows: |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | E | ||||
| 597620 | 848050 | ||||
| 1. FUNDS AND ANALYSIS OF NET ASSETSBETWEEN FUNDS |
|||||
| Restricted | Designated | General | Total | ||
| Funds | Funds | Funds | 2022 | ||
| At 31 March 2022 | |||||
| Tangible | assets | 184803 | 75000 | 6378840 | 6638643 |
| Investments | 270814 | 270814 | |||
| Current | assets | 2893267 | 2893267 | ||
| Current | liabilities | (929088) | (929088) | ||
| Long term liabilities | |||||
| 184803 | 75000 | 8613833 | 8873636 | ||
| Restricted | Designated | General | Total | ||
| Funds | Funds | Funds | 2021 | ||
| At 31 March 2021 | E | E | |||
| Tangible | assets | 199277 | 75000 | 6269601 | 6543878 |
| Investments | 146670 | 146670 | |||
| Current | assets | 2076439 | 2076439 | ||
| Current | liabilities | (531006) | (531006) | ||
| Long term liabilities | |||||
| 199277 | 75000 | 7961704 | 8235981 |
| YEAR ENDED 3 | 1 MARCH | 1 MARCH | 2022 (CONTINUED) | 2022 (CONTINUED) | ||
|---|---|---|---|---|---|---|
| 28. STATEMENT |
OF FINANCIAL | ACTIVITIES COMPARATIVE | FUNDS —YEAR ENDED 31 | |||
| MARCH 2021 | ||||||
| Unrestricted | Restricted | Total | ||||
| Funds 2021 | Funds 2021 | Funds | ||||
| 2021 | ||||||
| 6 | 6 | |||||
| INCOME | ||||||
| Donations and legacies |
||||||
| Donations and grants |
286755 | 286755 | ||||
| Government grants and furlough |
697898 | 697898 | ||||
| Charitable Activities: |
||||||
| Government funding |
for training | |||||
| services | 1526361 | 1526361 | ||||
| Rents for residential | ||||||
| accommodation | 1612216 | 1612216 | ||||
| Government funding |
for residential | |||||
| care | 2705052 | 2705052 | ||||
| Sale of produce and | services | 333366 | 333366 | |||
| inveslmenls | ||||||
| Investment income |
53451 | 53451 | ||||
| TOTAL | 2983686 | 4231413 | 7215099 | |||
| EXPENDITURE ON: | ||||||
| Raising funds | ||||||
| Negotiation ofgovernment |
funding | 52000 | 52000 | |||
| Fundraising trading: other costs |
16744 | 16744 | ||||
| Investment management fees |
935 | 935 | ||||
| Charitable activities |
||||||
| Training services |
2124861 | 2124861 | ||||
| Residential accommodation |
1116326 | 1116326 | ||||
| Care services in residential |
||||||
| accommodation | 3046459 | 3046459 | ||||
| Direct costs ofproduce and | ||||||
| services | 66665 | 66665 | ||||
| Other | ||||||
| Management and administration |
210109 | 210109 | ||||
| TOTAL | 1410779 | 5223320 | 6634099 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| Funds 2021 | Funds | Funds | |||
| 2021 | 2021 | ||||
| 6 | 6 | 6 | |||
| NET INCOME/(EXPENDITURE) | 1572907 | (991907) | 581000 | ||
| Transfers between |
funds | (977433) | 977433 | ||
| 695474 | (14474) | 581000 | |||
| Other recognised gains/(losses) | |||||
| Realised gains/(losses) on |
2990 | 2990 | |||
| investments | |||||
| Gains/(Losses) on investments |
revaluation | of | 11017 | 11017 | |
| NET MOVEMENT | IN FUNDS | 609481 | (144r4) | 695oor | |
| RECONCILIATION | OF FUNDS: | ||||
| Total funds brought | forward | 7427223 | 213751 | 7640974 | |
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 8036704 | 199277 | 8235981 |