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|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|6|
|Report ofthe Independent
Auditors|7|to|9|
|Statement ofFinancial Activities|10|to|11|
|Group and Charity BalanceSheet|12|to|13|
|Cash Flow Statement||14||
|Notes tothe Financial Statements|15|to|31|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
|||Notes|||
|Income from:|||||
|Donations
and legacies|||1,126,325|356,343|
|Charitable
activities|||3,278,725|2,929,713|
|Other trading activities|||34,067|38,386|
|Investments|||35,702|43,392|
|Total income|||4,474,819|3,367,834|
|Ex enditure
on:|||||
|Raising
funds|||17,836|15,874|
|Charitable
activities||9|3,757,412|3,442,927|
|Total resources expended|||3,775,248|3,458,801|
|Net gains/(losses)|on investments|16|(151,019)|174,922|
|Net movement
in|funds||548,552|83,955|
|Fund balances at|1 October 2021||5,027,565|4,943,610|
|Fund balances at|30September 2022||5,576,117|5,027,565|
##
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2022|2021|
|||Notes|f|f|
|Income from:|||||
|Donations
and legacies|||1,088,372|180,868|
|Charitable
activities - property|rental||150,967|146,824|
|Other trading activities|||34,067|38,386|
|Investments|||35,702|42,180|
|Total income|||1,309,108|408,258|
|Ex enditure
on:|||||
|Raising
funds|||17,836|15,874|
|Charitable
activities|||493,628|393,071|
|Total resources expended|||511,464|408,945|
|Net gains/(losses)
on investments||16|(151,019)|174,922|
|Net movement
in funds|||646,625|174,235|
|Fund balances at 1 October 2021|||5,051,219|4,876,984|
|Fund balances at 30September 2022|||5,697,844|5,051,219|
|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
||||||Notes|f|f||
|Fixed assets|||||||||
|Tangible assets|||||18|2,625,021||2,692,828|
|Investments|||||17|1,319,496||1,452,396|
|||||||3,944,517||4,145,224|
|Current
assets|||||||||
|Stocks|||||21|7,705|10,567||
|Debtors|||||22|159,306|204,616||
|Cash at bank and||in|hand|||1,846,309|992,673||
|||||||2,013,320|1,207,856||
|Creditors:|amounts||falling due within||||||
|one year|||||23|(381,720)|(325,515)||
|Net current|assets|||||1,631,600||882,341|
|Total assets less||current||liabilities||5,576,117||5,027,565|
|Income funds|||||||||
|Unrestricted|funds||||||||
|Designated|funds||||26||(23,654)||
|General
unrestricted|||funds|||5,576,117|5,051,219||
|||||||5,576,117||5,027,565|
|||||||5,576,117||5,027,565|
##
|||||As at 30|Se tember 2022||||
|---|---|---|---|---|---|---|---|---|
||||||2022||2021||
|||||Notes|||f||
|Fixed assets|||||||||
|Tangible assets||||18||2,625,021||2,692,828|
|Investments||||17||1,319,496||1,452,396|
|||||||3,944,517||4,145,224|
|Current
assets|||||||||
|Debtors||||22|197,521||131,020||
|Cash at bank and|in|hand|||1,559,880||782,025||
||||||1,757,401||913,045||
|Creditors: amounts||falling|due within||||||
|one year||||23|(4,074)||(7,050)||
|Net current assets||||||1,753,327||905,995|
|Total assets less|current||liabilities|||5,697,844||5,051,219|
|Income funds|||||||||
|Unrestricted
funds||||||5,697,844||5,051,219|
|||||||5,697,844||5,051,219|
##
||||2022||2021|
|---|---|---|---|---|---|
||Notes|||||
|Cash flows from operating
activities||||||
|Cash generated
from operations
Interest paid|30|918,842
(628)||30,279
(578)||
|Net cash used in operating
activities|||918,214||29,701|
|Investing
activities||||||
|Purchase oftangible
fixed assets
Purchase of investments
Proceeds on disposal oftangible
fixed assets
Proceeds on disposal of investments||(83,160)
(83,110)
1,000
64,990||(81,265)
(64,273)
38,049||
|Investment
interest received
Investment
dividends
received||469
35,233||1,446
41,946||
|Net cash used
in investing
activities|||(64,578)||(64,097)|
|Net cash used in financing
activities||||||
|Net increase/(decrease)
in cash and cash
equivalents|||853,636||(34,396)|
|Cash and cash equivalents
at the beginning
ofthe reporting
period|||992,673||1,027,069|
|Cash and cash equivalents
at the end of
the reporting
period|||1,846,309||992,673|
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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2021|
|Donations||and|gifts||56,372|103,591|
|Legacies|receivable||||1,032,000|127,278|
|Grants receivable|||||37,953|125,474|
||||||1,126,325|356,343|
|Grants receivable for core activities|||||||
|Infection control|||grant|||82,076|
|Coronavirus||job retention||scheme||1,135|
|Other Covid related grants|||||37,953|42,263|
||||||37,953|125,474|
|Donations||and|legacies|- charity|||
||||||Unrestricted|Unrestricted|
||||||funds|funds|
||||||2022|2021|
|Donations||and|gifts||56,372|53,591|
|Legacies|receivable||||1,032,000|127,278|
||||||1,088,372|180,869|
##
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
|Income|from|listed|investments|35,233|41,946|
|Interest|receivable|||469|1,446|
|||||35,702|43,392|
##
|||Nursing|home|Day centre &|Homecare|Other income|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||non-residential|||2022|2021|
|||||services|||||
||||2022|2022|2022|2022|||
||||f|f|||||
|Other|income|2,456,161||175,595|645,763|1,206|3,278,725|2,929,713|
|||Nursing|home|Day centre &|Homecare|Other income|Total|
|---|---|---|---|---|---|---|---|
|||||non-residential|||2021|
|||||services||||
|Other|income|2,163,622||66,192|699,054|845|2,929,713|
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|Fundraising|events|34,067|38,386|
|Raising fu|nds -|charity|||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2022|2021|
|||||P|
|Fundraisin|and|ublicit|||
|Other fundraising||costs|722|152|
|Investment|mana|ement|17,114|15,722|
||||17,836|15,874|
##
##
||2022|2021|
|---|---|---|
|Staff costs
Depreciation
and impairment
Agency staff
Catering
Cleaning
8 hygiene
Utilities
Insurance
Repairs 8 maintenance
IT 8 telephony
Travel 8 motor expenses
Advertising,
recruitment
8 training
Office expenses
Equipment
hire
Other direct costs
(Profit)/loss
on disposal oftangible assets|2,760,069
150,967
202,145
97,005
90,385
62,889
22,596
90,681
55,719
61,099
14,041
35,538
27,742
51,359
(1,000)|2,626,231
146,823
41,617
80,231
87,813
67,697
19,007
87,212
53,797
64,935
22,230
24,528
28,418
64,768|
||3,721,235|3,415,307|
|Share ofgovernance
costs (see note 12)|36,117|27,620|
||3,757,412|3,442,927|
##
|||2022|2021|
|---|---|---|---|
|Resident bed funding
Depreciation
and impairment
Other direct costs||317,871
149,967
628|222,348
146,823
578|
|||468,466|369,749|
|Share ofgovernance|costs (see note 13)|25,162|23,322|
|||493,628|393,071|
##
##
|The average
monthly|number
of|employees
during
the year|was:||
|---|---|---|---|---|
||||2022|2021|
||||Number|Number|
|Directors ofsubsidiary|company||6|6|
|Care, domestic and administration||staff|141|145|
|Total|||147|151|
|Employment
costs|||2022|2021|
|Wages and salaries|||2,521,909|2,420,106|
|Social security costs|||195,880|165,873|
|Other pension costs|||42,280|40,252|
||||2,760,069|2,626,231|
##
##
||more were|:||||||,||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022|2021|
|||||||||||Number|Number|
||f60,000|- f70,000||||||||1||
||f70,000|- f80,000||||||||||
|12|Support||costs - group|||||||||
|||||||Support|Governance|2022|Support|Governance|2021|
|||||||costs|costs||costs|costs||
||Audit fees||||||16,225|16,225||9,340|9,340|
||Legal and||professional||||19,952|19,952||18,280|18,280|
||||||||36,177|36,177||27,620|27,620|
||Analysed||between|||||||||
||Charitable||activities||||36,177|36,177||27,620|27,620|
|13|Support|costs - charity||||||||||
|||||||Support Governance||2022|Support|Governance|2021|
|||||||costs
f|costs
f|f|costs
f|costs
f||
||Audit fees||||||4,735|4,735||2,010|2,010|
||Legal and||professional|||||||1,655|1,655|
||Other governance
costs||||||20,427|20,427||19,657|19,657|
||||||||25,162|25,162||23,322|23,322|
||Analysed||between|||||||||
||Charitable||activities||||25,162|25,162||23,322|23,322|
||Net movement
in funds|||||||||2022f|2021
f|
|Net movement
in funds||||is stated after charging/(crediting)||||||||
|Fees payable|||to the charity's||auditor for the||audit ofthe charity's|financial||||
|statements||||||||||16,225|9,340|
|Depreciation|||ofowned tangible|||fixed assets||||150,967|146,823|
|(Profit)/loss||on disposal oftangible assets||||||||(1,000)||
##
##
##
|Net gains/(|loss|es)
on investments|||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2022|2021|
|||||E|
|Revaluation|of|investments|(158,681)|170,948|
|Gain/(loss)|on|sale of investments|7,662|3,974|
||||(151,019)|174,922|
##
|Fixed asset inves|tments|||||
|---|---|---|---|---|---|
|||Listed|Cash in||Total|
|||investments|portfolio|||
|Cost or valuation||||||
|At 1 October 2021||1,425,025|27,371||1,452,396|
|Additions|||83,110||83,110|
|Valuation
changes||(158,681)|||(158,681)|
|Disposals||(57,329)|||(57,329)|
|At 30September|2022|1,209,015|110,481|'|1,319,496|
|Carrying
amount
At 30September|2022|1,209,015|110,481||1,319,496|
|At 30September|2021|1,425,025|27,371||1,452,396|
##
##
##
|||||Freehold land|Fixtures, fittings|Motor|Total|
|---|---|---|---|---|---|---|---|
|||||&buildings|&equipment|Vehiclesf||
|Cost||||||||
|At 1 October 2021
Additions
Disposal||||3,714,579|1,011,119
53,165|48,580
29,995
(12,300)|4,774,278
83,160
(12,300)|
|At 30September 2022||||3,714,579|1,064,284|66,275|4,845,138|
|Depreciation
and impairment||||||||
|At 1 October 2021
Depreciation
charged
in
Disposals|the year|||1,354,931
80,984|677,939
69,983|48,580
(12,300)|2,081,450
150,967
(12,300)|
|At 30September 2022||||1,435,915|747,922|36,280|2,220,117|
|Carrying
amounts||||||||
|At 30September
2022||||2,278,664|316,362|29,995|2,625,021|
|At 30September 2021||||2,359,648|333,180||2,692,828|
|For administrative
reasons the property
comprising
the land and buildings
known as Horsfall House (together
comprised
in Land Registry Title Nos. GR132825, GR184300 and GR353447) was re-registered
in the name
of Minchinhampton
Centre for the Elderly Limited and, pursuant
to a Declaration
ofTrust dated 9June 2011,
is now held
on trust for The Minchinhampton
Centre for the Elderly
(Charity
number
287479) absolutely.
Accordingly,
the property
is included
in the accounts ofthe Charity Group
only.||||||||
||Accordingly,
the prope|rty
is include|d
in the|accounts|ofthe Charity|Group|only.|||
|---|---|---|---|---|---|---|---|---|---|
|19|Financial
instruments|||||||2022|2021|
||Carrying
amount offinancial assets|||||||||
||Instruments
measured|at fair value|through|profit or|loss|||1,209,015|1,425,025|
|20|Subsidiaries|||||||||
||Details of the charity's|subsidiaries|at 30 September||2022 are as|follows:||||
||Name of undertaking|Registered||Nature|ofbusiness||Class|of|% Held|
|||office|||||shares|held||
||Minchinhampton
Centre
the Elderly
Limited|for UK||Operation
of nursing||home|n/a||100.00|
##
|Name ofundertaking|Profitl(Loss)|Capital
and|
|---|---|---|
|||Reserves|
||F||
|Minchinhampton
Centre for|||
|the Elderly
Limited|(98,073)|(121,727)|
##
|||||||||
|---|---|---|---|---|---|---|---|
|21|Stocks|||||2022|2021|
||Catering,|cleaning 8 medical|supplies|||7,705|10,567|
|22|Debtors|||||||
||Amounts|falling due within|one year:|2022|2022
f|2021f|2021|
|||||Group|Charity|Group|Charity|
||Trade debtors|||89,324||129,241||
||Amounts
owed by subsidiary
undertakings
Prepayments
and accrued income|||69,981|197,521|75,375|130,980
40|
|||||159,305|197,521|204,616|131,020|
##
|Creditors:
am|ounts
falling
due within
o|ne year||||
|---|---|---|---|---|---|
|||2022|2022|2021|2021|
|||Group|Charity|Group|Charity|
|Other taxation|and social security|44,180||43,062||
|Deferred
income||122,274||87,858||
|Trade creditors||55,987||41,916||
|Other creditors||36,926||40,424||
|Accruals||122,353|4,074|112,255|7,050|
|||381,720|4,074|325,515|7,050|
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||2022|2021|
|---|---|---|
||F||
|Within one year|9,480|7,704|
|Between two and five years|23,700|24,113|
||33,180|31,817|
##
|30|Cash generated
from|operations|operations||2022|2021|
|---|---|---|---|---|---|---|
||||||F||
||Surplus/(deficit)
for the|year|||548,552|83,955|
||Adjustments
for:||||||
||Income from listed investments||||(35,233)|(41,946)|
||Interest receivable||||(469)|(1,446)|
||Gain on disposal of investments||||(7,662)|(3,974)|
||Fair value (gains) and|losses|on investments||158,681|(170,948)|
||Depreciation
and impairment||of tangible|fixed assets|150,967|146,823|
||Profit on disposal oftangible assets||||(1,000)||
||Finance costs||||628|578|
||Movements
in working|capital:|||||
||(Increase)
in stocks||||2,862|(548)|
||Decrease/(increase)
in|debtors|||45,311|56,882|
||(Decrease)/increase
in|creditors|||56,205|(39,097)|
||Cash generated
from|operations|||918,842|30,279|
##