Charity no. 286562
## **Care One Receipts and Payments Accounts 5 April 2022**
## **Care One**
## **Reference and administrative details**
|**For the year ended 5 April 2022**|**For the year ended 5 April 2022**|
|---|---|
|**Charity number**|286562|
|**Registered office and**|3 Baptist Gardens|
|**operational address**|London|
||NW5 4ET|
|**Trustees**|The trustees who served during the year and up to the date of this report|
||were as follows:|
||David Hitchcox|
||Ann Hitchcox|
||Jane Hitchcox|
|**Bankers**|Barclays Bank|
||8 Calverley Road|
||Tunbridge Wells|
||TN1 2TB|
|**Independent**|Godfrey Wilson Limited|
|**examiners**|Chartered accountants and statutory auditors|
||5th Floor Mariner House|
||62 Prince Street|
||Bristol|
||BS1 4QD|
1
## **Care One**
## **Report of the trustees**
## **For the year ended 5 April 2022**
Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements and the charitable declaration of trust.
## **Structure, governance and management**
Care One is a charitable trust.
Care One is governed according to a Charitable Declaration of Trust signed and agreed by Brian Hitchcox in 1982.
## **Objectives and activities**
Care One was set up by our father in 1982. Its purpose was to use the money earned in rental income from a freehold shop and donate it to support children and young adults in need.
When our father died in 1993, our mother took on the role of helping to decide where the rental income to the charity should best be donated.
Unfortunately since our mother passed away in 2016, with a lengthy probate, then the onslaught of Covid, the charity has been largely dormant. Rental income has been coming in and has been banked in the charity account and is ready to donate.
In 2021, while faced with an ever dwindling rental income from a precarious tenant of some 30 years, and with the shop located in a dying high street, as trustees, we reluctantly decided to sell the property.
It was not an easy decision but with the imminent possibility of our tenant deciding to retire, the charity would have been left with an empty shop in need of a full refurbishment. So without any guarantee of being able to re-let the property, we thought it was the best decision.
## **Achievements, performance and financial review**
From the sale of the shop, Care One has had the benefit of a single sum deposit in the 21/22 financial year of approximately seventy nine thousand pounds.
Over the remainder of the 22/23 financial year it is our intention to donate the remaining funds and wind the charity up – as per the terms laid out in the original trust agreement.
As trustees and as a family, we are looking forward to donating this money in the spirit of our late father’s intention when he set up Care One.
## **Independent examiners**
Godfrey Wilson Limited were appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.
Approved by the trustees on 31 January 2023 and signed on their behalf by
## David Hitchcox
David Hitchcox - Trustee
2
## **Independent examiner's report**
## **To the trustees of**
## **Care One**
I report to the trustees on my examination of the accounts of Care One (the charity) for the year ended 5 April 2022, which are set out on pages 4 to 5.
## **Respective responsibilities of trustees and examiner**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- (1) accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- (2) the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Alison Godfrey
## Date: 2 February 2023 **Alison Godfrey FCA Member of the ICAEW**
For and on behalf of:
## **Godfrey Wilson Limited**
Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD
3
## **Care One**
## **Receipts and payments account**
## **For the year ended 5 April 2022**
|**Receipts**
Sale of property
Rental income
**Total receipts**
**Payments**
Utilities
Legal fees
**Total payments**
**Net receipts / (payments)**
**Cash funds at 6 April 2021**
**Cash funds at 5 April 2022**|**2022**
**Total**
**£**
**76,936**
**-**
**76,936**
**235**
**-**
**235**
**76,701**
**25,552**
**102,253**|2021
Total
£
-
2,416|
|---|---|---|
|||2,416|
|||-
10,491|
|||10,491|
|||(8,075)
33,627|
|||25,552|
All receipts and payments in the current and prior year are unrestricted.
4
## **Care One**
## **Statement of assets and liabilities**
|**As at 5 April 2022**|||
|---|---|---|
|**Cash funds**
Cash at bank and in hand
**Total cash funds**
**Cash funds**
Unrestricted funds
General funds
**Total cash funds**|**2022**
**£**
**102,253**
**102,253**
**102,253**
**102,253**|2021
£
25,552|
|||25,552|
|||25,552|
|||25,552|
Approved by the trustees on 31 January 2023 and signed on their behalf by
## David Hitchcox
David Hitchcox - Trustee
5