|||Page|| |---|---|---|---| |Report ofthe Trustees|I|to|6| |Report ofthe Independent
Auditors|7|to|10| |Statement ofFinancial Activities|||| |Balance Sheet||12|| |Cash Flow Statement||13|| |Notes to the Cash Flow Statement||14|| |Notes to the Financial Statements|15|to|27| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||For The Year E|nded 31Au
st|2021||| |---|---|---|---|---|---|---| ||||||31/8/21|31/8/20| ||||Yardley|||| |||Unrestricted|Hastings|Restricted|Total|Total| ||Notes|funds|Flatsf|funds
f.|funds|funds
f| |INCOME FROM||||||| |Donations
and legacies|2|23,144|200,833|114,422|338,399|96,006| |Charitable
activities|5|||||| |Grants and income||2,021,602|||2,021,602|1,879,012| |Recharges to Residents||44,775|||44,775|57,870| |Other trading activities|3|2,273|||2,273|528| |Income &om Investments|4|||||3| |Other income||||||17,767| |Total||2,091,794|200,833|114,422|2,407,049|2,051,186| |EXPENDITURE ON||||||| |Charitable
activities|6|1,883,589|6,322|110,933|2,000,844|1,846,659| |Raising funds|7|||||| |Raising funds||2,148|||2,148|75,850| |Governance
costs||38,961|||38,961|31,141| |Total||1,924,698|6,322|110,933|2,041,953|1,953,650| |NET INCOME||167,096|194,511|3,489|365,096|97,536| |Transfers
between fonda|22|(4,646)||4,646||| |Net movement
in funds||162,450|194,511|8,135|365,096|97,536| |RECONCILIATION OF||||||| |FUNDS||||||| |Total funds brought forward||1,011,026||32,357|1,043,383|945,847| |TOTAL FUNDS CARRIED||||||| |FORWARD||1,173,476|194,511|40,492|1,408,479|1,043,383| ||No/es|31/8/21
f|31/8/20f| |---|---|---|---| |FIXEDASSETS|||| |Tangible assets|14|1,20L564|| |CURRENI' ASSETS|||| |Debtors|15|158,554|130.937| |Cmh at bank aad m hand|16|613318|496,928| |||772,072|627,865| |CREDITORS|||| |Amounts
Bdling due withio onc year|17|(3235tII)|(363,134)| |||448,161|264,731| |TOTAL ASSEISLESSCURRF2K|||| |LIABILITIES||1,650,725|1,205,797| |CREDITOIIS|||| |Amounts
falling due aBer more then one ymr|18|(242,246)|(162,414)| |||1,408,479|1,043383| |FUNDS|||| |Unrestricted
Bmds||1367r)87|1,011,026| |Restricted funds||40 492|32357| |TOTAL FUNDS||1,408,479|1,043383| ## |||Cash Flow Statement||| |---|---|---|---|---| |||ForTbe Year Ended 31 Au|st2021|| ||||31/8/21|31/8/20| |||Notes||| |Cash fiows from operating
activities
Cash generated fiom operations|||331,065|418,572| |Net cash provided
by operating
activities|||331,065|418,572| |Cash flows from investing
activities
Purchase oftangible fixed assets
Interest received|||(328,431)|(132,263)
3| |Net cash used in investing
activities|||(328,431)|(132,260)| |Cash flows from financing
New loans in year
Loan repayments
in year|activities||185,000
(71,044)|50,000
(20,320)| |Net cash provided
by financing
activities|||113,956|29,680| |Change in cash and cash
the reporting
period|equivalents|in|116,590|315,992| |Cash and cash equivalents
beginning ofthe reporting|atthe
period||496,928|180,936| |Cash and cash equivalents|attbe end|of||| |the reporting
period|||613,518|496,928| ## ## ## ||||||31/8/21|31/8/20| |---|---|---|---|---|---|---| ||||||f|| |Net income|forthe|reporting||period (as per the Statement ofFinancial||| |Activities)|||||365,096|97,536| |Adjustments|for:|||||| |Depreciation|charges||||66,933|54,384| |Loss on disposal offixed|||assets|||2,474| |Interest received||||||(3)| |(increase)/decrease
in debtors|||||(27,617)|11,323| |(Decrease)/increase||in creditors|||(73,347)|252,858| |Net cash provided
by operations|||||331,065|418,572| |ANALYSIS|OF CHANGES IN NET FUNDS|||||| |||||At 1/9/20f|Cash flow|At 31/8/21| |Net cash||||||| |Cash at bank|and in|hand||496,928|116,590|613,518| |||||496,928|116,590|613,518| |Debt||||||| |Debts falling|due within||1year|(23,045)|(34,124)|(57,169)| |Debts falling|due atter 1||year|(162,414)|(79,832)|(242,246)| |||||(185,459)|(113,956)|(299,415)| |Total||||311,469|2,634|314,103| ## ## ## ## ## ## ## ## ## ## ## ## ## ||||31/8/21|31/8/20| |---|---|---|---|---| ||||f.|f| |Awards for All||||10,000| |NCC Infection Control|||30,625|27,163| |CAF Resilience Fund|||38,867|| |Northamptonshire
Community|Foundation|||15,000| |NCC Covid Support|||23,270|| |WNC Covid Support|||18,539|| |Constance Travis|||5,000|| |Garfield Weston Foundation|||10,000|| |Nationwide|||49,833|| |Wolfson Foundation|||30,000|| |The Baily Thomas Chwitabte
Edward Gosling Foundation|Fund||15,000
25,000|| |Albert Hunt|||20,000|| |Strangward
Trust|||5,000|| |Bernard
Sunley Foundation|||10,000|| |||P16||continued. ..| ## ## ## |2.|DONATIONS
AND LE|GA|CIE|S - coatinued||| |---|---|---|---|---|---|---| ||Other||||14,325|| ||The Beatrice Laing Trust||||25,000|| |3.|OTHER TRADING ACTIVITIES|||||| ||||||31/8/21|31/8/20| ||Fundraising
Events||||2,273|528| |4.|INCOME FROM INVESTMKNTS|||||| ||||||31/8/21|31/8/20| ||||||f|| ||Bank Interest Receivable|||||3| ||INCOME FROM CHARITABLE ACTIVITIES|||||| ||||||31/8/21|31/8/20| |||||Activity||| ||Fees - Local Authorities|||Grants and Income|1,880,578|1,752,725| ||Rent &om Tenancies|||Grants and Income|136,216|122,923| ||Meal Income|||Grants and Income|4,808|3,364| ||Recharges to Residents|||Recharges to Residents|44,775|57,870| ||||||2,066,377|1,936,882| ||Analysis ofgrants and income:|||||| ||||||31/8/21|31/8/20| ||||||f|| ||Fees - Local Authorities||||1,201,035|1,156,853| ||Fees - Residents Contribution||to|Care|57,297|56,195| ||Fees - Local Authorities|Tenants|||622,246|539,677| ||||||1,880,578|1,752,725| ## ## ## ## |Raisiag donations|and legacies||| |---|---|---|---| |||31/8/21|31/8/20| |Staffcosts||1,398,215|1,288,959| |Water||10,187|8,241| |Insurance||15,642|21,742| |Telephone||14,048|10,115| |Office Supplies||27,055|23,247| |Misc||6,385|11,093| |Subscriptions
&Membership||1,506|445| |Other Expenses||2,513|492| |Vehicle Expenses||10,728|19,178| |Residents Activities||52,965|60,130| |Professional Fees (Excl Governance)||86,465|68,657| |Repairs tk Maintenance||47,352|46,285| |Bank Charges||1,317|1,402| |Licences k. Permits||3,201|2,987| |Electricity||28,411|30,138| |Oil||11,613|12,007| |Medical Supplies||650|696| |Expensed Equipment||58,005|48,827| |Animal Related Expenses||760|825| |Food For Catering||34,514|32,141| |Trammg||10,096|15,016| |Gas||6,693|5,119| |Gardening
Supplies||3,967|936| |Premises Costs||36,965|34,682| |Rent||32,992|35,713| |Catering tk Admin|Labour Services|13,686|6,158| |Contract Hire||1,818|4,570| |Depreciation||66,933|54,384| |Loss on sale ofassets|||2,474| |||1,984,682|1,846,659| |Other trading activities|||| |||31/8/21|31/8/20| |Bad debts||16,162|| |Aggregate
amounts||2,000,844|1,846,659| ## ## |7.|RAISING FUNDS|||||||| |---|---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|||| |||||Funds|Funds||Total|Total| |||||2020-21|2020-21||2020-21|2020-21| |||||f|||f|| ||Fundraising|||548||0|548|46,546| ||PR|||350||0|350|14,652| ||Marketing|||1,250||0|1,250|14,652| |||||2,148||0|2,148|75,850| |8.|SUPPORT COSTS|||||||| |||||||||Governance| |||||||||costs| ||Other resources expended|||||||38,961| ||Support costs, included|in|the above,|are as follows:|||31/8/21|31/8/20| ||||||||Other|| ||||||||resources|Total| ||||||||expended|activities| ||Auditors'
remuneration||||||5,376|4,926| ||Bank Loan Interest||||||13,378|6,486| ||Development||||||20,207|19,729| ||||||||38,961|31,141| |9.|NET INCOME/(EXPENDITURE)|||||||| ||Net income/(expenditure)||is stated after charging/(crediting):|||||| ||||||||31/8/21
f|31/8/20f| ||Auditors'
remuneration||||||5,376|4,926| ||Depreciation - owned assets||||||66,933|54,385| ||Deficit on disposal offixed assets|||||||2,474| |10.|TRUSTEES' REMUNERATION|||AND BENEFITS||||| ## ## ## ## ## ## ||||31/8/21|31/8/20| |---|---|---|---|---| |Wages and salaries
Social security costs
Other pension costs|||1,274,902
93,044
30,269|1,180,493
81,864
26,602| ||||1,398,215|1,288,959| |The average monthly|number ofemployees|during the year was as follows:||| ||||31/8/21|31/8/20| |Care Home Staff|||73|68| ||||73|68| ## ## |COMPARATIVES FORTHE STA|TEMENT OFFINANCIAL|ACTIVITIES||| |---|---|---|---|---| |||Yardley||| ||Unrestricted|Hastings|Restricted|Total| ||funds|Flats|funds|funds| |INCOME FROM
Donations
and legacies|25,421||70,585|96,006| |Charitable
activities
Grants and Income|1,875,431||3,581|1,879,012| |Recharges to Residents|57,870|||57,870| |Other trading activities
Income fiom Inveslments
Other income|237
3
17,767||291|528
3
17,767| |Total|1,976,729||74,457|2,051,186| |EXPENDITURE ON
Charitable
activities|1,773,430||73,229|1,846,659| |Raising funds
Raising funds|68,052||7,798|75,850| |Governance
costs|31,141|||31,141| |Total|1,872,623||81,027|1,953,650| ## ## |13.|COMPARATIVES|FORTHE STATEMENT|OFFINANCIAL|ACTIVITIES|- continued|| |---|---|---|---|---|---|---| |||||Yardley||| ||||Unrestricted|Hastings|Resutcted|Total| ||||funds|Flats|funds|funds| |||||f||| ||NET INCOME/(EXPENDITURE)||104,106||(6,570)|97,536| ||Transfers
between funds||(38,832)||38,832|| ||Net movement
in funds||65,274||32,262|97,536| ||RECONCILIATION|OF FUNDS||||| ||Total funds brought|forward|945,752||95|945,847| ||TOTAL FUNDS CARRIED FORWARD||1,011,026||32,357|1,043,383| |14.|TANGIBLE FIXED|ASSETS||||| |||||Fixtures||| |||Long|Plant and|aud|Motor|| |||leasehold|machinery|fittings|vehicles|Totals| |||f,||f||| ||COST|||||| ||At 1 September 2020|1,091,015||300,560|28,262|1,419,837| ||Additions|309,062|4,990|4,979|9,400|328,431| ||At 31August 2021|1,400,077|4,990|305,539|37,662|1,748,268| ||DEPRECIATION|||||| ||At 1 September 2020|269,962||200,453|8,356|478,771| ||Charge for year|35,216|832|25,712|5,173|66,933| ||At 31August 2021|305,178|832|226,165|13,529|545,704| ||NKT BOOKVALUE|||||| ||At 31August 2021|1,094,899|4,158|79,374|24,133|1,202,564| ||At 31August 2020|821,053||100,107|19,906|941,066| ## ## |15.|DEBTORS|:AMOUNTS|FALLING DUE WITHIN ONE Y|EAR||| |---|---|---|---|---|---|---| ||||||31/8/21
f|31/8/20f| ||Trade debtors||||151,122|124,890| ||Other debtors||||250|| ||Prepayments||||7,182|6,047| ||||||158,554|130,937| |16.|CASH AT|BANK AND|IN HAND|||| ||||||Refurbishment|| |||||General|Fund|| |||||fund|(Designated)|Crossways| ||Petty Cash|||4,841||| ||Current Account|||291,672|497|223,212| ||Card Account|||1,907||| ||Investment|Account||1,781||| ||Total|||300,201|497|223,212| ||||||31/8/21|31/8/20| ||||YH Flats||Total|Total| ||||(Designated)|COVID 19|funds|funds| ||||f.|||| ||Petty Cash||||4,841|2,949| ||Current Account||49,116|40,492|604,989|489,795| ||Card Account||||1,907|2,403| ||Investment|Account|||1,781|1,781| ||Total||49,116|40,492|613,518|496,928| |17.|CRKDITORSt AMOUNTS FALLING DUE WITHIN ONK|||YEAR||| ||||||31/8/21|31/8/20| ||Bank loans|and overdrafts|(see note 19)||57,169|23,045| ||Trade creditors||||68,110|86,648| ||Other creditors||||4,491|539| ||Accruals and deferred income||||194,141|252,902| ||||||323,911|363,134| ## ## ## |||||||31/8/21|31/8/20| |---|---|---|---|---|---|---|---| |Bank loans (see note 19)||||||242,246|162,414| |The bank loan is secured by fixed||and floating charges||over the assets ofthe charity.|||| |LOANS|||||||| |An analysis ofthe maturity ofloans is given below:|||||||| |||||||31/8/21|31/8/20f| |Amounts
falling due within one year on demand:|||||||| |Bank loans||||||57,169|23,045| |Amounts
falling between|one and|two years:|||||| |Bank loans - 1-2years||||||112,400|32,212| |Amounts
falling due between two||and five years:|||||| |Bank loans - 2-5 years||||||117,630|96,636| |Amounts
falling due in more than||five years:|||||| |Repayable
otherwise
than|by instalments:||||||| |Bank loans more 5 yrs non-inst||||||12,216|33,566| |LEASING AGRKKMKNTS|||||||| |Minimum
lease payments|under non-cancellable||operating leases fall due as follows:||||| |||||||31/8/21|31/8/20f| |Within one year||||||30,000|30,000| |Between one and five years||||||120,000|120,000| |In more than five years||||||525,000|555,000| |||||||675,000|705,000| |ANALYSIS OFNET ASSETSBETWEEN FUNDS|||||||| |||||||31/8/21|31/8/20| ||||Yardley||||| ||Unrestricted||Hastings||Restricted|Total|Total| |||funds||Flatsf|funds|funds|| |Fixed assets||1,057,169|145,395|||1,202,564|941,066| |Current assets||682,464||49,116|40,492|772,072|627,865| |Current liabiTities||(323,911)||||(323,911)|(363,134)| |Long term liabilities||(242,246)||||(242,246)|(162,414)| |||1,173,476|194,511||40,492|1,408,479|1,043,383| ## ## ## ## ## |MOVEMENT|IN FUNDS||||| |---|---|---|---|---|---| ||||Net|Transfers|| ||||movement|between|| |||At I/9/20|in funds|funds|At 31/8/21| ||||||f.| |Unrestricted|funds||||| |General fund||873,657|80,756|(4,646)|949,767| |Refurbishment
Crossways|Fund (Designated)|497
136,872|86,340||497
223,212| |YH Flats (Designated)|||194,511||194,511| |||1,011,026|361,607|(4,646)|1,367,987| |Restricted
funds|||||| |Good Life Project|||(3,781)|3,781|| |Peace Garden||7,619|(8,484)|865|| |COVID 19||24,738|15,754||40,492| |||32,357|3,489|4,646|40,492| |TOTAL FUNDS||1,043,383|365,096||1,408,479| |Net movement|in funds, included|in the above are as follows:|||| ||||Incoming|Resources|Movement| ||||resources|expendedf|in funds| |Unrestricted|funds||||| |General fund|||1,162,590|(1,081,834)|80,756| |Crossways
YH Flats (Designated)|||929,204
200,833|(842,864)
(6,322)|86,340
194,511| ||||2,292,627|(1,931,020)|361,607| |Restricted funds|||||| |Good Life Project
Peace Garden|||470
2,651|(4,251)
(11,135)|(3,781)
(8,484)| |COVID 19|||111,301|(95,547)|15,754| ||||114,422|(110,933)|3,489| |TOTAL FUNDS|||2,407,049|(2,041,953)|365,096| ## ## ## |||||Net|Transfers|| |---|---|---|---|---|---|---| |||||movement|between|| ||||At I/9/19
f|in funds|funds|At 31/8/20f| |Unrestricted||funds||||| |General fund|||901,100|20,497|(47,940)|873,657| |Refurbishment||Fund (Designated)|497|||497| |Crossways|||47,131|89,741||136,872| |Underwood|House||(2,976)|(6,132)|9,108|| ||||945,752|104,106|(38,832)|1,011,026| |Restricted funds||||||| |Good Life Project
Peace Garden|||95|(38,832)
7,524|38,832|7,619| |COVID 19||||24,738||24,738| ||||95|(6,570)|38,832|32,357| |TOTAL FUNDS|||945,847|97,536||1,043,383| |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expended|in fundsf| |Unrestricted|funds|||| |General fund||1,125,016|(1,104,519)|20,497| |Refurbishment|Fund (Designated)|5,180|(5,180)|| |Crossways||846,533|(756,792)|89,741| |Underwood
House|||(6,132)|(6,132)| |||1,976,729|(1,872,623)|104,106| |Restricted funds||||| |Good Life Project||7,215|(46,047)|(38,832)| |Peace Garden||10,499|(2,975)|7,524| |COVID 19||56,743|(32,005)|24,738| |||74,457|(81,027)|(6,570)| |TOTAL FUNDS||2,051,186|(1,953,650)|97,536| ## ## ## ||||Net|Transfers|| |---|---|---|---|---|---| ||||movement|between|| |||At 1/9/19|in funds|funds|At 31/8/21| |||f|||| |Unrestricted|fuads||||| |General fund||901,100|101,253|(52,586)|949,767| |Refurbishment|Fund (Designated)|497|||497| |Cmssways||47,131|176,081||223,212| |Underwood
House||(2,976)|(6,132)|9,108|| |YH Flats (Designated)|||194,511||194,511| |||945,752|465,713|(43,478)|1,367,987| |Restricted funds|||||| |Good Life Project|||(42,613)|42,613|| |Peace Garden||95|(960)|865|| |COVID 19|||40,492||40,492| |||95|(3,081)|43,478|40,492| |TOTAL FUNDS||945,847|462,632||1,408,479| |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expendedf|in funds| |Unrestricted|funds|||| |General fund||2,287,606|(2,186,353)|101,253| |Refurbishment|Fund (Designated)|5,180|(5,180)|| |Crossways||1,775,737|(1,599,656)|176,081| |Underwood
House|||(6,132)|(6,132)| |YH Flats (Designated)||200,833|(6,322)|194,511| |Restricted funds||4,269,356|(3,803,643 )|465,713| |Good Life Project||7,685|(50,298)|(42,613)| |Peace Garden||13,150|(14,110)|(960)| |COVID 19||168,044|(127,552)|40,492| |||188,879|(191,960)|(3,081)| |TOTAL FUNDS||4458235|(3995603)|462 632| ## ## ## ## ##