Re¥lered Mumber." 017414M Charlty number. 287579 The Mortimer Society (A CompAny Llmfited by Guarantee) Truste¢$' Report And FSnanclal Statements For the Yr Ended 31 October 2021
Tbe Mortlmer SKiety (A Company Limited by Guargntee) Contents P4Ee TnI8teu'Reft Auditors. Report on the Fin9llGial StatE4mts 12- 15 Sthtementof FiDallcial Activitl 16 Ba]ancc Shect 17 Statementof Cash Flows 18 Notes to the Fillancial Statements 19-34
Themortlmer Socltty (A CompDy Llmited by Guarantee) Referente gnd AdmiDiStrative Detxils of the Chftrlty, Its Trustees nd Advtsers For the Year Ended 31 October 2021 TIM¢¢$ Dr D J Oliver. ChwT Dr T J Cantor, Vice Chair Mrs J 7mmett Mr K 14den MrP Ball Mr5 C Clinton {appoind 29 September2021) Cottwatty reElSttd llumber 01741444 Ch¥rity registered JLumber 287579 Registered offi 42 Hollyw(x)d tAn4 Frintsbury. Rochester. Kent. ME3 SAL Chief Extcutive Offirer Mr Paul Swdd ExetutiveMangemeTbt Tem Mrs Sus8nM&tth¢w& H¢adof (Iperntiotys kdr5Ela] RuDecHes. Head ofcaTe. Quality & Cowlian¢e Mrs TTaC¢y EdwBrds. Dual ttation Registered MaLager. Birlillg House and Fiittdsbury House IttdEpettdtllt audltor UHY Keni LLP UHY Hackcr Young Tham¢sHous¢,Roman Squ, Sittingbourne, KenL ME104BJ Bankers Natio[] WestmiDSterBank Plc. 64 High StrecLN¢wMald¢n, Sw. Kfj 4HB SoUeltOT5 Russell-C(M)ke LLP. 2 PUtll Hill, Puth¢y, Lolldo SWAS 6AB Page I
Tbe Mortlmer Sodety (ACompADy LiDted by GuaraThtee) Trnstees, Report For the Year Ended JI October 2021 The Ttu8tee8 present their annual repory including the strnt¢gi¢ r¢ptsrt, tog¢thet wilh thE audited fiLJ¢ial st&ments of ihe ¢haTitabl¢ company for the riod l November 2020 to 31 Octob¢r 2021. Th¢ Trvsttxs confirn) that thE Annual Report aTbd financial sts¢ements of tht mpally comply with th¢ aLfT¢llt slatutoryrequKret[lts. the iequitemettts of the conjpany's Bov¢rnin8 document tlLe provigiolls of the Charities So1 IFRS 1021 {5¢wnd edilioThl, "Accounting Ind RepKFrting by Ch1d¢S.. Ststcmcni of Rceommcndcd Practi¢¢ applic•bl¢ to ¢haTitie$ prep8rinbl their accounts in Accord2nc¢with the Fillanciai Reporting Standard in theUK andR¢public of Jr¢land IFRS 1021-. OBJECTIVES AND ACTIVTfIES Poueles •nd oblerttve$ Th¢ Striety wves due T¢gard to the guidancepublishedby the Charity Cotnmission on publi¢ bcnefit and the Tte¢S Consid the Charity is ¢o]npliant. Thepurpose of the Sociery, a5 sei out in th¢ SoGs¢ry'5 MellLoraDdutn of AtssO¢l#tion, is pmvide relief for those in needby reasoD of ill health or disabilitywiculariy a physical alldlor a Ic8rning di5Hbility and inparti¢ulaT those pv)ple stktyering fron) Hwitington'5 DIS¢ aud Otb¢r1oIokIeaj eoLditiott$. Strategles for a¢blevlng objertlves The obje¢tives are a¢hiev1 throu8h the proviyioD oflong-terni residential eare forodulis a¢ro&8 hvo YesideDtial horKs owncd by thc charity. Birling attd FiitidsburyHouse. ODe of th¢ homcs is in W¢st Kent aDd the other in Medway bui both weleome clietsts from a]1 over the The majority of OUr81d¢ts aTf spDnx)red by iheir Local Authority Social SeTrrycesoT by thetr NHS Clittit41 Commissiotiing Group. Priorto admission either of our homes. a full assessmellt of a prosp¢ctiv¢ r¢sident is c8[[1 out with the help of relatives #nd the social eare ¢as¢ manw &nd other social careprofesgionals to e]JSUTethat WC Coll prov¢ thc mostappropnat¢ l¢%'¢l of Gar¢ and 5upp¢)fL No onc Teccives allypTivatr bcncfii from the ch4rily other thaD the cart seThict8 weprovide. Acttvitits for gthlthng objetdv By ¢onsid¢ring our aims. obje¢iive5 and activities each year. we strive 10 d¢liYLY rhc most eff¢divt Hnd bwfJGilll oulcomes. We also ensure that the enviTOtuDeDtof our homes alld the activities and provide make our homes attractiv¢ lo prospective re5identy thcir families aDd co[Dmi10n¢TS. In ¢ath hom¢ w¢ offer. An intEKrated ActiviliesTeanJ W¢ll-cquipp¢d Activity Suite5 i]Jcludi]Jg theproal0ts of f•¢ilities such 8$ family Accommodotiorl, TV, bair dT¢ssing salon, PC and T&bletswith intern¢t actess all inieraciive gamc rablcgwith Wi-Fi ¢WTivity Adapd miti1-bus and an MPV for the bellefii ofthe residents Wheelchair acce55iblegthens for the enJotu1 ofirsid¢nts and their fymili¢s and visitors Regular visits by mu5iciaDS &nd entertaiDer5 Trips to Ihe theatre, cinema, shopping and places of individual intrr¢st Musictherapy, 3MtherapyaJ chiTOPDdy Sp¢¢ch langL2age th¢r¥y MultL-sensory rooms Progrdttllnes for ActiTritics of Daily LiTrin8 lie8idcnts, Family8ndCwer$ 3$5ernblies swi8] events A¢¢ess to lapwps and tablets io faciliiate convnunication with fatDilies and friends through Zoom. WhatsApp. FaceTime and other ortiin¢ s(*ial ldIa channets. Pag¢ 2
The Mortimer Society {ACompany Limited by Guarantee) Tru$tres' Report {eondnued) For the Year EDded 31 Oetober 2021 Illvolvtmentof VolunteeTS Volunteers from local schools aud ¢oll¢8¢8 under normal cir¢utststslle¢s visit r&%id¢nts who have no fatnily thtttacts. Olle voluttteer. the Tell1 ¢attring mallager from Birlirlg House deliv¢rs l..1 and group kill8 SUPPOrt on ai le&st a monthly bask4', oth¢r volunt¢¢TS, QD¢ of whorni5 the Lothe[Or deceasedTesid¢Dt andtwo Others0 Bre exmembets ofstaff, deliver buddy sun)ort tOTesid¢ntsal Birling Hse who have no fanwly or dt> rLOI re¢eive regular visitors. However. durillg th¢91¢ of 202QQI this inkraciion l)as noi beell pos8ibl¢ due the Covid.19r¢stri¢Eitsns imposed by Govtrnm¢nT which has affea¢d bolh homes. Advocacy The Society haB closelinks to the llldep¢ttd¢JJt Mental CapacityAdvoeacy (IMCAI 8erw¢¢. The servjteprovid£g supporton A confidetstial basis for residEllt5 wbo are uttabl¢ to r¢prcscnt th¢ms¢lves hai'¢ no ¢10% family and friends. MandAIory ADdSpeciaI£d Tralnln8 Stsff ts2irtin8tsC8ttied out reglllartyand includcs.. Fir¢ Saf¢ty. H¢g1th W)dsety. S4fegwduJg of VulnerableAduJts. In10PreVtDtioll and Control,MoTriLg and Halld]ing, Mental Capacity And Ikpn"vat2on of Liberty. Food Hygiene and First Aid. In addition ¢0 this trai we also otyer st8ff training on a wide tange of $ubje£ts in¢ludin8 Medicau0 Rewrt Writill& Equa]ity and Divetsity. Q)MMuni¢10 Skill4 Hunlingtoth's di5e&s¢, Multiple Scler05is, Parkillsoll's disvdse and Dcm¢Mia. The Socjcty also prides itself in prowdin8 SUPPOrt to new e]]]p1vyS who are new to socigl care a5 part of th¢iT induction ptDcess. a¢ht¢ving the CaTe Certificate. This 9ualificalion i% arl agreed set of staodard$ published by Skills for CaT¢ th sets out the knowledBe, skills and behaviours cxpccted of 5pe¢ific job rol¢s by work¢rs in the health and so¢ia] c4re $¢ctors. The Certifjcate cornpri5 of 15 millirt[ stsndards alld fomL8 patt of any nciv ¢mploy¢¢'s robu# iLdu¢tiOD PTogrdrnn. It h&% beett an extremely difficult and ¢hallenBing year for the taTe Sethor durill8 2021 due to th¢ Coirid-19 VdDdfflnic alld it ha5 bee uece55ary to dclivcr Cevid WAren trainJn8 to all staff L¢luding the dti]ll8 doffing of p¢rsona] PTOt¢Gtiv¢ 4uiprn¢nt IPPEI in Orderto tllllintsin the safetyofboth th¢ rtsidents and staff at All li]De5. STRATEGIC REPORT Revlew ofA¢tlvltl Attlvldes ADd Ackn1¢eDts duriDg the yur This fJJwllciaJ year has yet a8in been very cha]len¥Yn8 year duc to the Covid-19 ppndetnic. Thc pilldemi¢ has affe¢ted mmy of the 8rtiviti¢s forr¢sidents atsd restiicied visitiJJg by family and friends. Tb¢ Exe¢utiv¢Mana8ellKni Team all staff have woJke4 very hard to Jnaintain the car¢ provid¢d for r¢5idcDt5 at a v6ry higb l¢vel gnd to pTovide extra support for the residents. The BoBrd of Trusteey kn¢ beett extremeLy $upportivethTOU8boyl this time and 9re very 8fdleful to all staff forthis extra Mmmitment during these v¢rydifficllli lim¢& when tbcy were 1180 facing re8rriciions and frars of contr4dillgthe diws¢ for themselve& their families and friends. Over tbe years, Birling H¢jU and Frin&bury House haye built up a strong reputation for thc quality of ¢aT¢, k7nthic5s and supwrt given to OUT residents and thetr families by our stsff. Th¢ Sociery is v¢ry fom]nar¢ to b3v¢ a lo>Trl aad dedica*d siaff tegm in both h4)mes who ¢ vglued andkeen provideforthe individual carcn¢e4sand aSPiTalionyofour r¢sid¢nlstodeliver the requiredperson-¢entred ouleomes. Duringihe iasty¢ar, the SDriety's 518ff turnover been much high¢rth8n u8ual with severe retruitmettt and retention difficulties which has been 1¢n¢¢d aGTOSS th¢ (Are $ecttsr 8etherAlly. We are very aware that a siable staff b85¢ provid¢s Consistertt e]than¢ c4re which is DUT nom1 Itvel of3ervi¢ebui thepasi yeAr has beell extremeLy difficult attd ¢hallrJ]¥ing. Pa8e3
The Mortlmer Soci¢ty {A Company Llrnlted by Gu#rDtee) Trustee5' Report (colltined) For the Year Ended 31 October 2021 Higb imporrznceis placed on thcp¢r50n81 and PTofcssion81 d¢v¢loprn¢Dtof stsff whiGh cncouragc5 initiative and innovaiitsn. The induction PTograD1 for ail stsff teflects the Society's principles. &itrs ajjd values Ibrough which th¢y ar¢ en¢oura8ed to contribuTe to the future planning and ¢kv¢lopm¢nt of th¢ 5¢rYt¢¢. Siaff noThIlY orgaLise commuDiry chty events regularly which aim5 to IDcr¢45¢ th¢ Sori¢ty'$ profile within the Iial ¢ollJmwiity tttsd the fvndraisitiE ittcome goes lowd5 particular activities that many of lh¢ residents, love to eThjoy. These have not been PD5sible during they¢arikn¢totheCoNTrd-19 pandeTnic which ht%beeL very stres$fu] dbaS ¢8U8ed attxieryfjnddistyes5amongsrmallyresid¢llts. Howev¢r, $18ff hav¢ b¢¢n undertsknn8 llLY activities in.knu$e to prrride e¥Jjoytneni and eLtertainmeni attd 5UPPOrt for rcsidcnts who havc bccD unable 10 leave the hon and hav¢ffc¢ivcd r¢stri¢d visitiuKby fri¢ud5 and fEille5. including activity days and assislartce with On-line coJJJmuoicaTion with familic5. Staffing at homes have bEen severely affected by the Covid-19 p2J)demic ll) 2021 as t result of uther care staff rc¢civing positi tests orhavin8 to isola* due to tsffeti hmiiy metllbers orhaving been colltacred by the Track alld Trace 5ySltnL There has It been a Eood pool of eaDdidates from the job awlications and it has b¢¢n extr¢mely difficult to retain new mernber5 of 51aff a5 it appcars that applicants apply for CATe jobs do not 8ppreciate the work involved and leave the positioo after a very short illne through th¢ir prvbalionaryp¢nod. These issues are being addressed by the Executive Management Team v<ith earehl Cojhsideratiort being givell to the recNitmentproce58. the inductiOD prograrnme and the QDgoing supror staff. Stsff Tralming The orgAnisaiion i& tommitted to aD extensive training programrnc for all our Sand this h&5 continued througbout the year in¢ludirtK woiking tOWdTd5 Diploma qiialificaliikn5 at Irvcl 2 ax)d l¢vel 3 in Fl¢alth Social Care throu8h the Qualifications CTdit Framework IQCFI. This ¢bsur¢$ our5tsff bBtteF trdiLed thulli5 peth8PS tbellmill tesidettti81 care homes in this area ofpractice. However, Covid-19 pr¢v¢nr¢d fa¢e-io-fa¢¢ tyainiDg to b¢ WertakeJJ in tb¢ leBrlling envito]]JneDt fot llLO$t of the year and $0 a COEporaie dttisiott wL% m&d¢ carly on for the Soci¢ty io go lorW with on-lujc training lor all st. Th¢ on-linE LAining progr&rDmt d¢livera thellEce55arym3ndaturyuur forall ¢aieBori¢s of employees with care sthff bein8 expected to cotnplele27 trM)dules forwluch th¢y Br¢ T0MP¢n5¢d if completed th their own lirt. Thi& pmgramLJe has ctststinued be extremely effective wbi¢trL tne8n5 it prove lobe the thOd of deliverillg all itt the fuTht ex¢¢pi f0ranypA¢tj ttainiug that has to Ixundcrtakert fa¢e to fa(%. All new staff ulldertskc all iti4¢pth induet10npross which giv¢s th¢m A full understsudin8of the responsibilities oftheirtole, the4uality olcare weprovideand expeei lobe delsvered andihe opportunityio explore theworvillg practices andenvironm¢ntsatbotb of ourhours. Ouup¥n¢y lev¢]s The Se¢ieiy's finin¢ial perforniance depends on overnll room occvp2ncy and the level of weekly fees paid on behalf of ourTe5ident8 by the local authorities and the NHS Clittiul Cot))mig5ioning Groups ICCGSI. Thc Socicty is regist¢d with th¢ Care Quatity Cotnmi$&ion foi 31 rooms at Birling Hou5e131 ]dEnts) ond 23 rwms123 rt$ithnlsl ¥1 Frindsbury HfTrUS¢. In 2020121, th¢ So¢iety achieved an overall av¢ragc OCCUp¢Y rot¢ of 87.WA with Bling House achiETring an occupancy level of 79.oyo Frind$bury House achieving 96.70/9. DuTill8 the 2020121 finaD¢ial yur. Il was d¢¢id¢d to Lwd¢rtak¢ a majoTPTojeu at Birling House of replacillg tbe existin21ift withaputpose built one and also ]Efurbishing the majoriiy of the bedrooms on tbe fiTsr floor with ¢nsuit¢ fg¢iliu¢5. A ¢ons¢iou$ decision was ade by the Trtee8 atsd EMTto attcpt ally n¢wadmi55ions [ring thc year w)d transfer ¢xisting r¢4id¢Thts bedTooms i)n th¢first floor to aItWtiv¢ bul tenwordry aonOda1i0n on the wlund lloor whilst thi$ work kq bethg undeJ1ak¢n. The project was started iD September 2021 and is ¢xpc¢t¢d ¢0 ¢ontinue for20 weeks until the endoCFebruw 2022. Although this work wa&deemed as essentia]. it has SUIted stt the oc¢upyncy level at thi¥ horne beirlg mucb loThrr than expected due to the eight vaca]Lt roo5. Despite thE PIDjECt work at BitliL8 House. the oc£upattcylevel tth hom¢5 Iw rcmain¢d goodEwtth¢r¢ tw bE¢n Br¢du¢tion in f¢¢ inconje OTpreVIouS yeays. Page 4
The Mortlmer Society IA Comp#ny Llmlt¢d by Guarantee) Trusteeg. Report (Continued) For tbe Ye4r Ended 31 O¢tober 2021 Capltal ReittvestrtteDt- Fabrkand tqulpment A si8nifi¢ant anK>Untof wiL21 reinvestment into th¢ buSU45 from reserve5 wa8 rnBdcin 2020nl a8 identified itt our Copitsl PrOgran¢. The annu21 capital budget was ated but limittsj by Trusl¢¢s to awroximately £122,OW due lo the uncertain eco[LO]C titt& and tbe ausiuity rne05urc8 i1npos bycentrd and Lo¢al Governmeni in the care se£rorgefterdlly. A conting¢n¢y of £20.0(10 wa5 ]D#de ¥VaLlable for utl¢xpecl capitsl items and this hlly utilised al thc ¢nd of the financial year. Thcre wgs also th¢ Continued &dded n¢ertaintydue io th¢ Covid-19 paDd¢rDi¢ througknut 20218nd the implications that it has broughi io Iheeconomy. AIthou8h the capiral pr0Me iJJcluded investtncnts such B5 thc pur¢has¢ of rtpltcemettt equipmeni forresidellis atboth homes a5 well as ill general, importautbuildillgs repai ?d Tnainltttanct a¢ros$ the Society, due lo the Covid_19 restrictiOll5 Iheworkwas lirnited WOTk pd tbc totsl amounl $pentw&s only £82.2(Hl for theye4r. ]tJfe¢tion prcvcnuon and control facilities for sff ¢hangin8 wathillg alld testillg areas f visitillg familie¥ whicb were irnplemenled last yeardur to Covid.19 ¢ontinu¢ to b¢ in op¢J¥¢ion in EK)Ih homo. Cart Qllallry Commknlon BirliJJg House was lasi IJ)spe byih¢ CQC on I l July 2017 ulldtt the new itisptiott re8ime lookitig at the fiv¢k¢y lines of inquiry where questlOn8 arc asked about the scrviccb¢ing11} S&fe {2} Effective (31 C2ring14} Reswnsive aLd15} Well-Led. The outcomc of th¢ iDspectioD was that the serni¢e was ral'GOnd, in all areas and was awarded alloverdll ratingof GOOD. Although a visitby th¢ CQC w&s imminent at Ihebeginllillg of2020. fillther 51tWas carried out during th¢ yw du¢ to th¢ Covid-19 p3ndDic u CQC illspeciors were not undertAkin8 cornpjiance illspections a5 a t¢[L Frindsbw House w8s1gst inspwted by the CQC oll 12 Febrw 2019 aod th¢ s¢Thice was awarded th¢ rnling of 'fjood' UJ all fjv¢ key ]ines ofirt4uiry. A follow up inspectionbyCQC atFrind5bury House w&$ due early ill 2020 bul again duc tu the CoTrid-19 pandenuc ¢knt inspection bas nottsk¢n place todat¢. Howev, sin¢¢ March 2020 the CQC have coLtillued to follow their transitional T¢datory approath to the Covid-19 pandemic by pursuu)g Ih¢ir Ellwg¢n¢y Support FTa[nCWk (F.SF) as an ditional monitoring t1, to support rUCtLed andconsistent conversationswith providers. The ESFb¢lp¢d it]srrflors tr> UttderSd whe there wererisks ofunsafe care and io prioritLSC supporl addr¢5$ 5u¢h i55ues and Sh learning from providers thAt were uging UllKNativew&yg to tt)antsge their 8cl¢e8. Both knmes have und¢rtBk¢n these ESF conversaiiotss on sevenj occasions with thcnomiDad in5P¢CtQY5 with a satisfactory oulcorne and tjo concerns were rdised thathad to be addrew& Duringthe last 18 months. the CQC have suspended tlL¢ir rouiittc insp¢¢iion pro8r4mm¢ in r¢5ponse to Covid-19 and do noi intend io resutne it for the illLmcdi&te htUTe. They havecontinued to use a mix of int¢llig¢nce gatheriThg illfonnation to ejjsure the public Iwve ¥s8uraLce gs to th¢ safety aud quality of tbe ¢are tbat is beillg delivered. TJLe CQC canyout a regul8r re¢W of the data that is available itr themand to da¢¢ thcy hai'c not found ally ld<e that they nccd fv caTry Out att Inspection or reasseK the ratiK8s at citherhome which ar¢¢tmtlyboib Tared as GOOD. FllNANCL REVIEW GoinE CoD¢erii The level of restsves has fethed ai the end of th¢2020QI fi[181 yearby £520.000 compared withthe prioryear. There are V8TYOUS reasons forihis Teduction which IMS been aitributabl¢ to- Reduted fee iThcotlle 28 a result of lower-than-¢XP¢rted occupancy l¢v¢15 atBirlingHouse compared wth thebudget Signific)llY increased sraffiDg and operation&1 cxpertditure levels due to Covid-19 Thecapiial proBrdmm¢ with business reinvestTnent iterns Capital payments to th¢ Archittd, Quauiity Sury¢yor buiLditig cD]ktractoi collnection with thè major proj1 work aL Birling House Th¢5c issue8 aT¢ tim¢ liinited in 2022 the newly refibIshed room% will be available forusc. Thcrc issug8 withthe fre$ r¢¢eived from wthorilies but these bein8 disthjssed wath tbe relevant commission¢rs attd 90cial work lean AfteF ]L¥&iLg appropriate enquixi#s and *2kiThg ints) Rccouni the above point5, the Tru51&S have a Teasonable expectation that th¢ charity h&% &dcquakre80WCts to continue in operational ¢xist¢nG¢ for th¢ fores¢¢abl¢ fithw¢. Fot this I¢854 theycuntinue lo adopt the goin8 concern ba515 in PTeparin8 the financial statements. Fwther dctails r¢8aTding the adwion of thc going concern basis can be ftrjttd itt the A¢couniingPolicies. Pa8e 5
Themortimer Soeiety (ACompAny Llrnited by Guarantee) Trustses, Retmbrt (continued) For tbeYe8r Ended 31 October 2021 Fintttl4] rlik mageMent0bJectIwU aDd po]kle5 The So¢ietyprodu¢ed a disappoiniing but exPted d¢fKit of £520215 for th¢ year endcd 31 OLtobcr 2021 folloNTrin8 i pleasitiir te8uII it) the prior yr from charitable activities. ltt coJJ)nwcial i¢rnJs ihis d¢fiLit would bc nSid¢r¢d FIS B negligible rettLrn on capitsl employed but how¢v¢r. the Societyh3s now experiBn¢ed 2 $Ilfiel¢ reduction in tash reserv&% wbich m¢an5 Ihat fi¢T Capi r¢inv¢5tm¢nt will b¥v¢ w s¢8l¢dba¢k along 108ether a dEtailEd review of fee income attd expendiDJre levels. Comparcd with thcpr¢Yious yejr. thc totsj income significantly r¢dUC by £293,678 fr(bm th¢ previou5 yw the expenditure Increas by £411,553 which odversely affect¢d th¢ overall fillattcial position of the So¢L¢ty compaTed with Lgst yw's outturn. The si8nifi¢attt iD¢rease in extndiDJre w18 eased bytbe re¢eipi tsf vwrioug Covid.19 from celltral govwnment through the local st authorities. 11 ispertinent note th2¢ ¥rsffin8 W$E5 aoUle for 88p out ofevery £1 of fee income ill the 202(lQl finao¢ial cOmpad witb 73p in thepyitsr year. The majority of ourresidents r¢quiTC a very high level of 5peciali5ed individuxl CATe and il i8ttet¢w 10 h&ve high stsffing levels and higbly traitied and ¢xp¢rien¢ed 5tyff to deliver this unlquebutpSon-cCntr1 service which maintains the prof1onalI5ITh and reputalioD Df the So¢i¢ty'S ¢harit¥ble puwose. Ther¢ bave b¢en s¢v¢r¢ issu¢8 ljl th¢ r¢¢Tuittlld t¢t¢lltioD of Staff thich ha5 bttn seen ngtionajly within the csre sector and this htss incre&%ed staffiJJg eosis. Measures are belo8 taken to rcduce the cos15 as fat 8s possible buill1&al measures maybe needed 10 addr¢5s th"L5 probkJtL. though tbe oc¢upan¢y levels of tbe Society remained good withirl Ehe constr&iDts of theCovid-19 patsdemic and the tttajorprojettwork at Birling Hwsc (luring 2020r21. our finaTK&8 tre ¢UTTenilysouttd bui Jike tt)ost care bomeswithin the yecior we con¢iLU8llyf Si8nifi¢ant risin8 ¢o•s whicb ha5 espeCiallYb more $0 duiiL82021)121. IJJ contrast. the Itvcl Of our fe¢ in¢om¢ per rsid¢nt p¢r week s notkept pac¢with inflation, th¢ living wag¢ incc orthe ill¢red tthrertteds of ourresidents. Duting2020121 a number of spon50tiug authorili&CCGs awdrded inflationary in¢te3ses in weekly fees in aD attefflpl to T&ogDise the ottgoillg attd iLcreasing cost of thc National Livingwage on the 1st ApTiI tach year and also the g¢n¢rai costof living ris¢s on goDds and s¢ryi¢¢s. Th¢ fre i[¢5e5 wete 5i8nificandybeloiY the rate of inflation despite OtsEOjttB intrcascd costs. whercas thc Tcmaining 9uthorirics offercd no increBse at BJI or w¢r¢ actively St¢kg to rducwgth¢ir wsts li with theit budg¥l COnS¢ralL While li is ¥pttciatyi this siiuaiion has arisen result of local govcrnmcnt budg¢t $trictionS imposed by central govetnmertL it 18nOt A situatioL thai ¢anprevail io the fjJDJr¢ without iiLpa¢ting on the swwces we c8n Proe. We have liÉtle control overmanv of the ed and vaTiabl¢ rsts, foi u15tancc food and dnllk, utilitsu. repairs and maitite]Jan¢e costs atxl equipme]Ji setvice agreements which hav¢ all be¢D subj¢ct to a substantial pri incrwe ill ure5s of th¢ 8energJ iDfiationrate level. At the sae ti]ne the ¢r*in(tea8lS trgullltioty of th¢ w¢ sector bnn8B yearon yearadditional costs which hgve w bc bornc gDd &b50th¢dwithi)ut any wnsid¢ration being given lo the may have OD the operaiion of indivithwl care hom¢&. As a Teslllt of the 8Jobal Pattle and its severe llnpacton tarC scotor rhroughoui 2021, c¢ntrnl gov¢mmcnt fj]lat grani$ to 5UPP¢)rt resideniiaj ¢ar¢ hom¢s with th¢sigllifi¢aDt ill OPEiatillg c4)sts parti¢u]arly aroundstsffing, infeciion prev¢ntionand ntrol and PPQ tcsting aThd vo¢onations in QTd¢T to protect3tsffin8levels and tn8intath the safety of residents. Qur two host auiknriiies. namely Kent CouLtyCouncilandMedway Council hav¢ aw8rd¢d num¢rou5 Covid-19 funding grants to bo(h home5 ill different guises atnounting to £183.197 during thc finan¢i¥l y¢8r. AIthou8h thes¢ funding grnnts were gratefully received and contributed tQW8Td5 the sigJificaDtJy iDcre45ed costs. the tutsl Yalue did not meei the eODiirLU e5c4]aiillgco5 Ihat were beJDg ¢xp¢ri¢n¢e4 du¢ to th¢ $¢ver¢ and on8()ing nature ofthe Covid.19 pandemi¢. As a chuity we Strive to deliverhigb4uaiity. ¢OSt-effe¢tive at a fair and ttuc pric¢. HowcvtT, our inrn¢ must&t least meet our ¢xp¢]JditUT¢ and allow Iv continue to invest for the fuiuTe. We sin¢erely hope Ihal sp)nsoring &llthoritJes will reco8fLise tbat if ch8ritable re%ideThtia] eATe homEÈ such ss the Mortimer Sociery ate to coJ)tinu< fee incomc must rcl]ect th¢¢ cosrof ¢aTing for ¢)ur TesidenLg wbohave very hÉ8h depeTLdency and care Treed5. The fidillB autlN)riiie5 LIU5t also Ic¢ogLs8¢ aii¢mp¢ lo me¢t th¢ in¢r¢a$iog y rates resulting from the imposed year on year IreaSe5 in th¢Nation41 Living Wage througb the fiLts]re yearg Durittg the f¢La[ year. we e1ved £951 indLX2ati¢)]Js l¢xdudiDg income) from v85iOUS s(Mrees itt¢ludin8 donations made by families attd th'ellds of our re5id¢nts. Pase 6
Themortlmer Soelety {A CompADy LIDted by Gulrgnteel Trusteey, Report (coTrtinued) For the Year Endtd 31 October 2021 The Sociery also received 8 small sum of £1,518 frornfimdraisin8 incotne 28 thre8u]t of eithu staff or families arrangin8 SO¢Lal aciiTrilics such * ¢haTity football mèt¢heÉ and otherevents 50 internal &ctivities orgatsised by staff forthe benefit of thercgidtt)ts sucb 88 C4)ffee #nd Lyke tnOTnin8S. Prlthclv rL4ks attd ullttrtlle$ Thett8 of¢ourse risk8 and un¢ertaintic5 that may impa¢ton the s]¢4$ business in the future. A risk tnanagementreview proccs5 is undert&k(m by the Executive Management T¢arn vthich has b¢£n appTov¢d ond adopted byth¢ TnIsi¢. This Pre$S is moThiiored lIO8h the Society's Corate Risk Assurance Framework which is reviewed, updalcd 85 appropri8t¢ and renllEn to the Board on g quan¢Tlyb85. The ¥1¢w process ellable8 the CEO. execuiiv¢ managers and Trustees to miti8ale risks that otherwise prevettt the Society from achieving its charitsbl¢ purpo$¢ and obj£¢tiv¢$ thff>u8h its core v&lue8. The TnLqtee8 tt51derthe greatest risk at pres¢nt to bc that of th¢ Con5WU¢D of the ongoitt8 Covid-19 pJdettiK which may 8wiousIy offect our residents have Sl05 undeilyitL8 bcalth rondTiions which may lead si8rJificantly Teductd occupancy tevels. There is also th¢ risk thjt th¢T¢ rnay a continu¢d freze or evell Teductii)n ill feespaid by local authorities ikeN1th the sigmficant ye8r ou y incre9S op¢rntin8 costs and $tatYins costs arising fromtheNational LiwnE wa through to the year 2021 and probably beyond. Thc Socicty bas continued to opernte the rol¢ ofcaldicott GuBrdiBn this year ld the nomi]Jated itidivithI is rtspollsible tor dLe IDfonllatii>ll GoveTnallce ith Te¢ognilion of thep)ssible risks surroundiTh8 resideTLt data and systerns secvrity. Risks also include a POS11e shortfall ill CQC requited outco]ne5 within the 5CfVi¢¢ Ptovi$ion and th¢ ¢on8WlfftIt lossof full wmpliat)¢¢ which ¢ou]dbc aresuliing factor. Th¢ Society op¢rnt¢s g ¢Jinic41 audit aud perfoThian¢e management presS 10 ie£iify9mypossible failure in standards. ch8¢$ in thepoliiical ors¢¢ial climatq a fvrther econole dovmttjrn orthe tOllti]Med iJJJpact of tbe panthmic or Brexit would certaitily afftti the operaiion of the Charity's busines5. Re¢ruiknentand retention of appropri&te staff contillues to beof gi8ttifitaM con¢emitt this unpr¢¢cd¢t)trd fjnd Chall8¢11Mat¢ih9t results IL higher ¢o#s due th¢ us¢ of &8¢ncy provisioTr Who prices have si8nifi¢4ntly inCr&d its line with all staffin8 Wsts across The health atsj Bocial Ca sector. The total r¢5¢rv¢5 ar tht ¢nd of lh¢ financial y¢yr amounid tsb £5,298.702 whith included the desiwmttd fixed ¢1 fimd of £3.95l,576 but of CL)urse rhis fiLttd can oniybe red]ised OA the di8posal of thegssets Atth¢ end of 2020121 the Societys free reseNes stood at £1.334,197 compared £1.820.228 at the end of thePreoS year. Durin8the y¢ar th¢Trustc rcv1ed the rescrves policy and confirttKd that an adequate reserve L%eds 10 be maintained io allow for ally reduciLOD ifl ¢up8ncy levels Bnd for other potentiBI risks and any unexpected evenwaliiies. The rewves policy ated by the Board ofTtustces cumily stale thai resejves should be mainthined at a minimum of rnontbs of b&%ic operating expcndiojre which %tthi8 euTreYJi time at[Ullts to ar(XLttd £9(KIE Duringih¢y¢ar small v&lu¢s of donations were Feceived frorn farnilics and friend% of £951 at 31 October 2021 1th is ircluded in thc tal teserves figu above. The expeetgj liming of exp¢DditDre of dollauons t¢r¢iv¢d would be within 12 mDllth5 of teKipt wuuldbe spent for the bettefii of all tht r¢sidents. In Octob¢r2021 the So¢i¢ty r¢¢¢iv¢d 8r8nt fi]ndin8 fftim th¢Hedley Fouttdaijon atJxoiJniin8 to £3,240 whicb will be cl$ified as a restri¢¢ed fwid for the specific purpose of proviitin8 51ings 2nd hoists witbin the upgraded bEdOLI ofth¢ T¢fuJbishr4J IwttL proje¢twhi¢h Shou bt spent withiti thenext 12 months. Trnst¢¢5 continue to review investrt*ntOPPOFbJTrities withiTh the mewOrk of the ittvestroeThi policy to maximisc the itLCO]n¢ of th¢ Sl¢ty with du¢ eA)nsideration to protectingthe beneforieS in ¢)ur care. Page 7
Tbe Mortimer Soc5ety {A Company Lirnittd by Guarantee) Tru$tee$' Report (continued) For tbe Y¢8r Ended 31 October 2021 PerforDththc¢MD4émèttt The Board of Trustees have rttozniscd thatit is incTc&yinglynecessary8hd 8ood prtctice for cjwitics to dcmonstTrt¢ orggnisatiort perf0Mll¢e in the auuuai Teports Hlld a¢¢outtt8. The Tnlee$ bave tsken the decision followillgrecolludatiolls by th¢ ChsTityCowll))ission ènd our External ALditor to ¢ontiJ)ue to adtrpi and report upots five k¢ypcrfo¢¢ iDdi£ators (KPls} for the year ending 31 October2021. Thc fiyc K¢yFin8nc¢ P¢rfOr[¢e trdicAknr& (KFPtsl that are being t¢pone41 upoll io2tY20lll Bre as follows: (k¢up#n¢y l¢v¢l Tot8] svry>lus a5 apetcentage of ¢otsl income 3. StsffLll8 costs as aperceJJta8eof loial ittcomc byhome StaffuJg costs operdtioDal L$ts as 8reenth8e of totsl costs Net CLrr¢nt po$rtiott KPIS 5¢rve 35 & measurabl¢ lue tbai dEmotJStra bow ¢fft¢liv¢ly gn orgaDi$aiion 1$ a¢hievin8 its keybusiness objectiv¢$ 5u¢h Bs p¢rfomwice andprogrcss Wol¢T to h¢lp ¢vaJuate their su¢ce85 in rwhin8 its gtrate8iC 8oals alld 8p#ific targcls. Thc SIKicty's re8ults from the KFPIS in the 2020121 f]Jall¢ial yearwerc as follow8.. Ke%. Perform*nce Indlcitor Birli Hou$e Frlnd$bu Socie Costs Aclual 87.9D/¢ -11.60/ts 88.3'A 79.1. 20.9'A £1,399,227 TotHI Int. Celltral A¢bJal 79.OP/ 3.24/0 75.7Yo 78.2/0 2L.8% ()b Cctive Actual 96.70/0 Ob eLTIVI O¢¢upall¢y level Surplus to IncoD)e Staffing¢osts to Income Staff costs io Total Costs Otffltion&l Co$ts toToi81 C0818 N¢t CuTreDt A55ets 16.Q'/ 85.8DA 83.40 16.6V/o 81 3°/0 80.4° 9.6,: STRUCTU GOVE]LYANCE MANAGEMEIYT The Society is • regIsrea charity and 8 tonwany Iimiied by arantee and as such OPErdle5 under its Memotalldum and Articles of Association, which have rtteiv¢d thc Jpproval of thc Charity MmiSSIOn. Method of appointrnEnt or Èjtctlottof Trustt One third of the Tr1 must rtire at eath AGhl those longest ID offjce rniriDg fiTsI. A retiring Trllstee who [ell15 qua]ified may be reappointed. At the datt of the Annual G¢ncTal M¢¢ting held on 7 July 2021, ttvo TDJStee5 namcly David Oliv¢r and Jetmifer GTimmell w¢r¢ elig]bl¢ to r¢tirebyrotstioll And wett teappointed And thereforeall remained on the Board fDr least a fvrth¢T year in offic¢. Polltle4 adopted for tbe IDductlorn and trxirting of Trnstees The Society has an appojntDIt aiid inductiotL PTugramme for Trn5tees coyering the work of tbc chartty includingmsits to the two hornes and an oppor¢ullitytO TDeet thE Chair ofTTUSEees, the Chief EKecu¢iv¢, Excfutkve Management Team, staff and r¢$iJents. Theprogrllmn iu¢lud¢s an explanation of the lat¢5t financial position, thc cutrtni year'8 budg¢t and the I(ger-terM Ètrdiegies alld busittess plans of the Society. New TnteeS are given copies of th¢ men[andu and Arti¢les of Associalion l08ether with a TrusteE Infonnation Pack which incheS Terms of Rcferen¢< ALttu8] RwIwFin8Qil Ststemettt 8tsd a li8t ofPolicies and Procedure& Page 8
Tht Mortimer SDciety (A Company Llmlt¢d by GuarAntee) Tru5tee&' Report (cDntiDued) For the Yegr EDded 31 October 2021 Pay polliy forsettiorstsff Th¢ go of the ChaTity'S pay policy is to offer fair pay to attract and r¢tsin 3ppropriatcly 4ualifityJ Itad, manage. 8pOrt and deliver the Charity's puryose and ai]J]s. It will alway5 be cou5551cntwith th¢seaim$ and within an atTordable fratncwork The Trusttts aT¢T¢sponsible forsetting remuDerdtion levels fortbecharity's Staff aJJd revi¢wryngpay forthe mo%t senior3t2ff. Thesesenior st&fTare clearly idernified byih¢ Ttte5 will typically, aJthou8h noi always, be part of ¢he Charity's executiveor seniormBnagement teanL Th¢ Charity's RernuTher£tion Ptrlicy follo the NatiOLal Council for Voluntary OrE8Di5ation's (NCVOI guidartte of whi¢h the NJortim So¢ie¢y 1$ a member antLlor the guidance from IheA55ociation of Chief Excculivr5 in volunlry0JnlS&tI0rt$. ownl$4tEfyn itrncturt 2nd declsloD rnaking The Board (>f Thte¢S disch4rges its responsibi]ity of over£ the DnageDnt practic¢ of th¢ So¢i¢ty i¢S qU•rt¢rly g¢n¢rnl thd odditiothal meetittgs and by dclegatillg SPlfi¢ proj¢rts to 5ub.groups rfappropriattr. Society membeTS aTC eniit]ed to ai¢ctyl ond votr Al Jll Annual GcLcral Meelillgs. Jn gddition to th¢ TnLSt¢ts, So¢iety are also enttt]ed to vote ai AllLual G¢D¢rai M¢¢tin85 to apptsint tttw TTu$iet$ 2nd Ac¢ept ouwing TAte¢s. resignalions. Th¢ day-tO-d&y managementof the So¢iery i5 delegated to the Chief Executive attd to the Execu¢1 Mgnagcmcnt T¢aJn. The op¢rationgt rnanageTnent artd the nJnniDg ofihe tsvo hom¢5 is ¢arri¢d out by the Head Df Care, Quality and Compliance through the Ixjal Lo1101) Regiered Manager. Major poJi¢y questions affccting th¢ fuwr¢ of th¢ So¢i¢ty 8re discussed betweell the Executive matge11¢ ttat theTrnslcts who are also MernbeTS ofthe Societyand are rEsport8Lble for tnthngthe fillal deci¥ioD5. Th¢ Tn¢5 who alsoad as Sori m¢mb¢rs att¢nd g¢n¢ral me¢tings andhave equal voting rigbts. In N0Veber20I7 the Socieryadepted theill¢1p1¢S wrLth]ncd IL the r¢vi%d Chanty Good Governance Code which is a Code cotttyoing severt main pnnciplcs a8 rcooDwnended bythc Chgritie5 CoTtllnission for use bycharities in England atJd Wai¢& Th¢ Socy¢tycoDttnu¢stts operate within thes¢ principles which have been adapted updated June 2021 to rcflect the natyTC of the business wthin the ¢AT¢ RiskmanaEtmtDt Th¢ Tnwttshavt assessed the ]JJ2jorrisks to whicb the company 15 exposed. in p&rti¢ular those related Lo the operation5 and financc5 of the Societyattd are satisf4 thatSyStcrns and predurES Ar¢ ITJ place ty miligAte the exposu theMajOr[l5ks. PLANS FORFUTURE PERIODS Future development Th¢ aim& objectives of the Sociery duriJ)g 2021122 are to.. Ensure that the Sw¢rys policieA and pr(KedureÉ Tneet tlltory requireJYJ¢nts ajjd exceed the stsndards and &¥peNaiions of our ciittenl Ie¥ular. the Care Quality Commission ICQCI. ReD1n financiallyviobl¢ in all VersE Jd turbulent economic climate affecting the carestctDras a whole. Atcompli5h staff traiDing pro8faD]Jnes relcvallt to UUT residents, ¢OTtylex and indIdual needs in order to rneet the exttttations of our residents, sponsoring 4utlwriti¢S gnd th¢ CQC. Continll¢ to utilise available capital to invest in prioritiscd projects attd estate developm¢Di 8tb(kth Birling House andFrin4tsbury Houseas 5tt Qui inth¢pr0rneS agreed by theTruslee8. CoD¢inually tleW the need for tsew initiaiives w iD¥rove *aJJdards illcludiThg the d¢liveryof safe Ca thecateTillB PTDViSiOD and infethiots prevethioo attd control to meei the diversetteeds of our resIdts. Pursue new business otoortllnlties to provide 8dditiotsd dayand respite c4replacements wth¢D¢v¢rpossible 8$ 8D intrlGI10 opporbjnity into th¢ g¢rvic¢ fwpis5ibk permanent ¢re in the re. P88¢ 9
The Mortimer Society (A Company Limited by Guarantee) Trustees, Report (Continued) For the Year Ended 31 October 2021 CoDtinu¢ to T¢VifW tbe long-tem) vision aLd business diversification stTat¢gy in (Ji1 C4WgOti¢$ attd mode]s of care in line with our expertis¢ and ¢li¢nl ba5¢. CoDtillue to ehate the Society's PT(fil¢ by thydenins OUT offer of care io ittehjde ¢ertain lleurolol eonditions ID addition to Huntingtoll's dise for which the Mortimer Sociery is an ¢xp¢ri¢n¢¢d and reputhble PTovider. This aim will be aided by the use of th¢ So¢i¢ty'¥ wd)siK swial media andcontilluallytevised Lllarknxog materi81. FurtheT develop the newly itDpl¢llbcnted web b45td digitsj ¢aTe rtwittgtrnent system for r¢sentS care plan5 and the rc¢ordiJJg of glldBiJy (oTtiOuhI¢b rneetsCQC compliancestandards aDdeuabl¢ th¢¢)rgHlli$atioLtohold ele¢trottitre¢ords to llY comply with ODPR r¢gulalions. Malor dtve]opment projttts As Part of the Swiety's estsies 8Towth and development plan. it wa5 PTopos¢d that FrnsbUry House wouldb¢ extended in 2021 to seTh¢ greater number of benefici7C8 With Huniing¢oll'S dis¢ gnd utheT neurologi1 ¢otsdiiions. However, due to th¢ Covid.19 pandemic and th¢ fjnaDcial PTE55ures boiDg¢xp¢ticn¢eda¢r055 Ihe care sector, itwas decidt0 postyon¢thismajor projeci for 12 LK)ntkLk A rA¢W of that dt¢ision bE wri¢d out in Sepkmber 2022 to estsblish the fLnancial posiiion oftbe Society at tbal litne. The anticipated proj¢ctTwiiI increase tbe DWDborof idellts that be a¢¢ommotht¥J a 23 bedded 5miC¢ to an optitnum I¢1 of 30 rooms to achieve opcrational efficiency. It is now ¢stirnllt¢d that the purpos¢-built Extension is likely to CQSI ID th¢ r¢¥ioD of £2.2rn whicb will provide seve adth'iiona] ensuiie bedrooms, two extra co]nmuDal bathrooms and two di58blcd toilets over two IIOOTS plus A i¥rge extsnsion to the day ltsuttgc in¢ludittg a quieter dining 8tta gnd int¢grat¢d passen8er lift on the exiemal of the building. The build will also inCOTpor&ie & technologically adv8n¢¢d serjsory suite and wasbtttg and changing facilities for staff to meet the inft¢tiOL prevention attd ntrol proc¢dur¢s SP][)C for CovIib19 and beyond. It is intended that it will b¢ mainly fund¢d from the accunwlated geneAI resetves its orderto s¢rv¢a great¢r llumbcr ofb¢n¢ficiHrie5 in the firture with apossible option of 3 short-t¢nn 108n order to m#itttain the level of reserves in line with the policy lbY Trustees. Il is also anticipated that fithding wll also be forthcoming as thc So¢i¢ty b&5 enBttgcd ots offi¢ia] fijnd-raiser Hey¢roft Consulring who will u[ertake to complete and Sllbmit application8 10 both larg¢ ¥nd STr11er grani fun(bng or8anisation$. Additionally. there are fillth plms to d¢velop part of th£ garden adjacellt to the tivity suitc becomc a s¢ll5ory g8rden, with SId¢t Involvetnent the desifwing. li is believed thai the r¢5idents will ¢]uoy participating wilh the choice of plantin¥ and developing th¢ atea to their prefere¢t. pro111l8 a stnse of worth and w¢ll-b¢ing along vrith their indcpend¢Thce. The end result 18 to have a plea5anT and srinwlating amLOSpb¢r¢ and ¢UViTQlllll¢nt that wi bE used alld enjoyedby residenES Alld their visitors. Includ wythin thedevelopntpTQ8Tarnrne for 2020QI WAS the iLStallatiott of anew pus¢ng¢T lift at Bbrlin8 Hous¢to seTVC the 8round and first fl£T8 of the bome. It will provide added bcncfits for ¢xisting residents as they wjll eknable them io acces5 differelll parts of th building easier 3nd qLLicker aDd it will alsD act a5 an cnhan¢ed fAcility in the of etllErgencies and evatuation8. Th15 major project togeth¢r with th¢ Teknrbishm¢nt of 5¢v¢ral b¢drooTns on the fJr8t floor w include enwite faciliti¢s wJ5 SId in S¢ptembEr 2021 for a pBriodof 20 wc¢k$ and antscipat¢d to be wr0pletbY the end of Febxuary 2022. Pase 10
The Mortlmer Society (A Company Llmlted by Gurntrt Trvstees, Report (continued) Ftsr the Year Ended 31 O¢¢ober 2021 STATEMENT OF TRUSTEES. RESPONSIBILrtILs The Truslets. aTe a]$0 the d¢re£loT5 for the purposes of cotllpany law, ate r¢SPDnsiblc for pro>arin8 Tnw¢¢s' Rq>ort atMI the fitttsllrial stateTnelllS IL aCcordth applicable laWd Utlitrd Kingdorn Awouutin8 StstbJatd% (UJJit>lYillgdom tIallY A¢c¢pt Accounisn8 Practi¢¢}. mpany law requires the Tnse¢8 to prepère fM8tttl statemettts for each fjnattcial year which giv¢ a 4rMt foir vi¢w tsf the stsie of aiTaits of Ihe chariiable company and of th¢ inwming resources and applica¢ioD of rtsouttw in¢luding th¢ in¢onK and cxpenditUT4 of the charitsbl¢ co]npaDy forthatpciiod. Jn prepalln8tl¥e fuJall£ial Stste[llts, the Trustees are required to.. Sele¢t8uitsble ac¢ounting pjlicies and then 8pptythemconsislently- ObseThe themh0o5 and prin¢ipks in the Charities SORP IFRS 102}', Make judgemeJJls and estimate8 that arertasonabie and prnd¢nt: Stste wbdh¢r Applicahle UK Accountitig slIards have been follorf subject to any depArture8 discloBed and explaitKd iti the financial stsw¢nts' and PTepaTg tbe fillallcial sts¢eMt$ on the ongoing conc¢m b4si$ulll¢ss it is inappropriate to pume that the chltsb7 compny will conlinue irj 1$1. Th¢ TTUSte¢5 ar¢ rcsponsibl¢ for k¢epins adequafe attoulllithg records thai are suffici¢ni to thow pnd plaIn thc Chilable ¢ompw'8 tr18¢tinS and disc108e with r¢asonable accurncy ai a[LYtitt the financial position of the charitsble con¥8ny and engble them io ensure thBt the financial ststemettts Comply the CorLpBnie5 Aa 2(J)6. They hre 2150 responsible for stsfe gLwding Ih¢ass¢ts ofth¢ charitsbl CopaY ad hence foi takittg reasonable $teps for th¢prevention and dthiion of fraud and other ]tlarItIeS. AUDfroR The S(Kiety'¥ auditots are aFvoinied byA Resolution ofthe Sociery's knuai Gthetsl Meaijjg. Di5¢105wr¢ of informatiott to Audltor Ett¢h of thepersons who are Tnjsiees ai th•tim¢ tsthis Trstee5, teport is appmved has ¢oofirmed th*¢.. So far as that Thtee5 4r¢ aware. there ig no relev1 audii informaiion of whicb ihe charitsble auditor io UllawE.. The Tnjstees havc takcn all the st¢ps that ought to have been taken ll8 a Trustee in order be aware of any relevant audit ]nforntioTh and to C5tablish thal lh¢thtable compBny'$ Ruditor 15 AWAre ofthat itMIatiOn. Approvedby order of Ihem¢nkn¢rs orth¢ Erfjatd Of Tslee5 on 30 Mar¢h 2022 artd 3ibmtyJ on theirbehaifby.. O.Y OQW Dr. D. Olfver IChaLT of Tht¢e5) Pagt 11
The Morthner Soclety (A Con]pany Limited by Gu•rntee) IlldepeDdeDt Auditors, Report to tkt Truste¢g of The Mortlmer Soclety Opinion We have audited the financial ststetsnts of The Mortimcr Society(the'chaTiry) for th¢y¢gr¢nd¢d 31 OctobeF2021 w&i¢h Comprise tbe Stsment of Fillancial Activities, thc Balan¢e Sh¢et, the StatemBnl of Cash Flo and the related not¢5, in¢luding a 5umDwy of SI1ficallt &tutiDgp0]lc1¢8. Th¢ financial Teportins meork th&t ht8been applied ijk their prepara¢ion is appli¢8bl¢ law gnd United Killgdom AUtin8 Stsndarfs. including Financial R¢porthDg stsndd l(y2 YlJ¢ FuJ8TLcial Rcporting Siandayd 8pplJcable in the UK andR¢publi¢ of Treland, (United Kitigdom GetheIlyA¢CePted AccouLtingPraclir¢l. Ill OUTopini¢)n the finantial %tstemenLS'. 8iv¢ a aThd fa view of the stale of the elwitsble comp¥ll5 affairs as at 31 OthobEr 2021 and of its in¢omiJh8 resources and applieaiion of resources, including its incorn¢ ¥nd ¢xpenditure for the year Ihen ended, ave been properly prcparEd ill ¢ordante with United KuJ8dom C¢n¢ra]lyAc¢cpt¢d AwuDtingPR¢ti¢e" artd havc becn prtp*ed in e¢eordance with the rwiremeThts of tb¢ Cotsw¥ni¢$ A¢t 2006. Btisi$ foroplDIoD W¢ conduct¢dour au(bt ITr accordance with Intemaiiojjal Stattdards on Auditing (UK) IISAS (UKI) and Applicable Idw. Ollr TesponsTbilities rhosc Standards aT¢ furthcr d¢5¢rib¢d the Auditots, re8ponsibiliiies forthe audit of the faDelaI srkn1llts sectiOL of ourrepon. We are iodepend¢n¢ vf th¢ rb3ritsbl¢ ¢ompany in ar¢onlat)¢e with the ethical Tequircmcll¢S tbat ar¢ r¢levanl to our audit ofthe fiTwicial statements in the Uniied Kingdo includin8the FianCIal Rcporting Couttcils Ethical Swidar¢ and w¢ h8V¢ lfill¢d ourother eihical iespottsibiknties tsj accordallcc wiItrL thes¢ requircTn¢nts. Webclievethat the Suth't ewidcn¢e we b4v¢ obtained is sufficientandappropriate to provide a btsis for oplljion. Cont]uslon&rel8dngto golng CODteni In auth"tin¥ th¢ financial staiements, we have ¢oth¢luded Ihattbe Trnslees, use of th¢ going¢on¢¢rn basis of accounting in Ihe prepardiio of the finanuttl ststement8 is appropriat¢. BÈscd on the workwe hav¢ perforni, wehave not id¢ntified any tnaterial uncertaitttieg relatjllg to events OT conditions tha( individually or wllectivclyy rnay cast $ibmifi¢ant doubt on the charitable company'5 ability to wntinu¢ 85 a ¥oing cfjncerll forapeyiod of at le&81 twelve month$ frotll when the fittatcial statemerLts are auth0ri5ed for issu¢. Our restmS1b1l1l1eS and the resptrnsibilities of the Trnstt¢s with r¢ypect to going COD¢trn are described in the relevant sectiolls of this rep)rt. Oth¢rJttformAtlon The other infomtion ¢ompiis¢s the infonThation included in the Annual Report otherthin the financial ststemcnts w)d our AuditOTS' Rcwrt thercon. The TrSlee$ ate ttsponsible for the other Èllforn)atlOll contaiDd withiu the knual REport Our opinion on th¢ fin2n¢iAI statements does not coveT the other information and, cxcepi tfp the exient othcThNrysc explicitly stated in our report, we do not express Any form of8ssurall¢¢ GoDrlusiolltheteon. Ouri¢spoDsibility is to read the other infomyuon an¢ doinE so, ¢onsider whether ibe other ittforniation is materiBJly inconsistent the financial 51atemeAis or our know'ledge obraincd in th¢ course of the audit. orothernryse OPP¢aTSto be tnaterially misstated. If we id¢ntify Such rnat¢Tial illcongigtencies or apparent maieyial misstslemenis w¢ arc T¢qllircd to d¢l¢rnin¢ whctber this give5 Tise to a material misstatemeni in the fiDAncial 8ratcmcnt5 theroselves. 11, based the work we have p¢rfonJ)ed, we conclude that tbere is a material misstatem¢nt of this oth¢r infonnalion, we are required to reN)rt that fact. WehBve nothin8 lo TCPOrt in this regard. Oplhlokn on othtt matters prescribed by the Companies Act2I06 Ill oufopiDion. bd on the Work undertakell ITJ the ¢OUTse ofthe audii: thc infortnalion wven its the Tntstees, Report iticluding the Strategic Rcport forth¢ fiDan¢ial ye4rfor which ihe fthan¢ial ststemertt8 are prepared is consisr¢nt with th¢ flnancial stat¢m¢llls. th¢ TTU$tffs' Kfport and the Stratsw¢ ReEx)rt hawe been Prepa1 in accordance with opplicable le8al requirements. Poge 12
The Mortim¢r So¢lety (A Cou4>ally Llmited by Guarantee) Independent Aud5tors' Report to the Tru5ttts of The Mtsrtlmer Soclety IcoDtlnu¢d) Mattera onwmch we ire requlred to Teportby exteptlon In thelsghi of our knowledge and UDd¢r5tanding of the ch2ritabk COTnpany atyl its envlronmtntobthiTh wthe COUTS¢ of tb¢ audit, w¢ bave Jhot idejjtified matsrial m1sstsnnts in th¢ Tnth$' R¢port including the Straiegic Repott Wehave nothing to report inre8cl of the following irl r¢lalion to which Compallies Aci 2(K16 n4uires us 10 report 10 you 1£ in QUT opiThion'. adequate a¢couMingrtcords bave Dotbcu kept, or rctUEll5 &deqt¢ forouTaudit bave not been re¢tive4J from branchw Doi visited by us., or th¢ financia] statemenisare notin agreement wih th¢Cowlin8 OrdS Attd Tetuyiis: or cenain disclosures of Trnst¢e5' r¢mun¢ration specified by law are not made. or we have not r1Ved a]1 the infoffaation and ¢xplBnations we re4Uirt for ow wdiL R¢5pon$ibilitiu•ftrll&tet As ¢xplained more bjlly itt the TnJses' Respon$ibiliiies SiatemenL th¢ Tru5t¢¢5 {who Bjso the ditecitrTS ofthe ¢baTit8ble cowany for th¢ purpose$ of company lawl Rrc responsible forthe prep3ratioJJ of The fiJJaDcial staicmcnrs 8nd for heing tisfied that they 8iYe a trut and fair view, and for such in¢erual control a8 th¢ TTw$t deterrnine is ne¢essary io enable thepreparation of fancIal statements that &te frco frojn materia] LJiSStat¢mcnL wh¢th¢T ducto orerror. In preparillg the financial 51atemeDts, th¢ Trust¢¢s respollsible for&%stssing the chariiable convn9 abilityto coniinv¢ a go concern. di5c105iLg, as wlicablt. matiuy r¢lat¢d to going conc¢rn Bod usill2the EOiL8 con¢tt basis of accountingwe5S tht TnJslc¢s eith¢T inl¢Dd to liquidate the charitable ¢otJwathy or to Cease operdtions. orhav¢ r¢ali5ti¢ alternative do 80. Page 13
The Mortimer Society (A Company Llmlted by Guarantee) lThd¢p¢Ddent Avditori, Report to the Truslees ofTh¢ Mortlmer Society (CotinUed} Audlton. respowibili¢ies forthe wuditof tht nL•elal8tstements Our obJecltve$ are to obtsill re880nable 8ssiiran¢eabout wh¢th¢T th¢ financi stAteJnents as a whole are free from mar¢n4J nll5Stat¢men4 whetherdue io fraud or ¢rn)r, and to issue an AuditOT$' Reptsrt ihai includes our opinion. R¢a8oDablc a5WncC is a high level of 888uraoce, but is not a gugrant¢¢ that an audit conductrd iti attOrdance1h ISAS (UK) will always detr£l a maierial ttyssiaiemeni whtt) il ¢xists. MLS&latemenlS ean Aris¢ from fraud or aTe collsi¢kTcd mattkial if, ti1V&]]Y ortn the aweEate.they could r¢asonably bE exrÈcted to iofiuence the economic dlsionS of e[S taken on the basis of these fittancial Slat¢rntS. T8[31]tiEs. in¢ludin8 frau& are instsnccs of Don-CQtnpli3nce with law5 and regulatiOTts. We desi proccdurcs in linc with OUT responsibiliti4 Outlitt abovc. to d¢tcctmat¢rial mi&%t8t¢m¢ntS ljl Tebyect of irreKuJaTities, ill¢ludiLg fraud. The extent w wbicb our procedures are ¢apabl¢of delectinB ITregularities, iKludin8 fraud is detaikd b¢low. Howihe was consdcred¢dydbleofdelecng rrregulori1i 1cludIngfrQd OurappToxh to ithntifying and 8ssessin8the risks of material miss¢attm¢nt in rwt of irreDar)lle3. including fr9udand noD- ¢onwlialltt wsth laws and 8lationS. a% follows.. we idelltifi the I•w8 and r¢guJatioDs appJi¢ableto the djarxty through di8cussions with tJgD28¢rneThl alld from our conjmercial kDowl¢d¥¢ 8Dd exp¢rience of the clrttity se£ior, we focused on spxifI¢ laws attd ]110 %N&ich we considerd ]nayhave a diTeci ma¢erial efftct on thcaccouuts QTtb¢ operations of the charity, itLcluding the Charity SOR 8Dd th¢ CoD)p8uiE5 Act 2006: w¢ as5e55¢d th¢ extent of wnpliatkcc vrith the laws TeBulatians ideDtifi¢d4btsv¢ ¢hrougbm8kinx e]xquiti¢s ofmwemenL and sptIng coThe%nden¢e'. and ideDtificd It attd rebwlati0tt8 wer¢ 4)mmlated withiu the audit teamand the T£amremained alert to UJ5ranres of noll. compliatt¢e throughoui the audit. Wc a55¢5s¢d th¢ 5U5c¢ptibility ofthecharity a¢¢oun¢s to material misstst¢mcnL including obtsining an understdI%0f how fraud might (cr. by. aking ellquiTi&8 of m¥nagerLeni 48to wkn¢r¢ th¢y ¢oMsider<l theWas sustepiibility to fraud, theirknowled8e of a¢tuaL sxlspeci a]leged frau. and coDsideriDg the intem#l coDtrols in place io UliBal¥ risks of fraud and non-compl%anc¢with laws ond r¢gulation5. To addre55 the tisk of fraud throu8ts maLiag¢m¢nt bias andoverride of ¢ontsols. we.. perfonned allalsryita] pmeedures to idrntsfy sny Unusu or unexpectrd Tclatioftships., teSledNTrun] ettiries 10 idcntify unusual tronCtiOns., assessed Hthether jUdgent8 and a¥sumptionsTnade ID deterniining Ihe a¢couniDJ8 estimaies yet out iu th¢ policies were indic¥t] of poiential bias; And itiv¢stig8ied the rationale behind significantorunusual trations. In resptsn8e to the risk of itteBulaTitKs and non(OmPlIanCC with laws attd 8vIations, wc desiwd pro¢¢duT¢S which included.but were not lsmitcd to.. agTeciDg finan¢ia] 5t&tementdis¢losures to uttderlying supporting tha¢nt4llOn.. rc&dingminutes of tneetiTr8s ofTrnsS- and ¢]wuiJiug of representativ¢s of TnLStees as to acmal attd poietitial liiigation andclaims. Bectsuse of the ijthtrent limitations of an audit, ih¢re i5 8 risk that we will not detect inegulayift¢s. in¢bJdinB thosc Icpding to a material mi55tatcm¢nt in thc financial stILnts or(-COmPliallv¢ with r¢gu14tlOD. This Iisk inc[e5 the more Ihat compliance with a law orTe8ulation is retnovcd fr0sTh the events and tran&g¢1ioll5 refl¢¢tr4 in the finsncial ststements, a5 we will be less likelyto bccome awe of instaDces of nott-c0tPlj8ttc¢. Tb¢ risk is 9159 Jsteatet ieg#tding itt¢gu]8rities ormn8due to fraud rdther thatt error. as fraud involves jntentiortaitottc¢alml, forgery, ¢ollu$ion. omissioTJ or mi8repTeseiitatioJJ. A furthcT description of ourrespoLsibditics for th¢ lludit of thc fiDau¢ial statements is I{Ked on the FinaKialRep)rtinE Council website at.. wwi¥.frt.or .uklaudit013TCS OtlSibilitie5. Thi5 description fornjs part ofourAuditors' Rwrt. P88¢ 14
The Mortlm¢r So¢i¢ty (A Company Lltttlttd by GuvADtee) IDd¢pendent Auditors, Report tv the Trustees of The Mortlmer Sodety (Continued) Ustofour report This rqrt is rn&de solely ro the chitS trusttts, Ls abDdy. in e0rdIn¢t with Chapt¢r 3 of P8rt 16 of the CompDniei Act 2006. Chjr auditworkhas been undert4k¢n so thatW¢ mi8bi State lo the Charity¥ Ihose mailers we are rwuired to 51at¢ to them iD an AuditOTS' Report tsnd forno otherpwpose. TO the fiillest extent pemiitted by law, w¢ do not accept or assuiiJ¢ Tespoosibility to anyon¢ otherthan the Tharily artd its ttU8tees. as a bcdy for our auditworK fortbis r¢poE4 or for theopinions we have formtyl. AIIAn Hlckle Bsc FCA (SenloT St*thtory Auditor) foi alld oll b&If of UHY KeD¢ LLP CbarTered Acct4Lntsttts St&Niory Auditors Thames House Roman SquRT¢ Sittingbourne Kent MEIO 4BJ Date.. 20 April 2022 Pag¢ IS
The Mortimer Society (A Comp4ny Llmlted by Guar8ntse) Statttllent of t]nall<ll 4etSvl¢tes (In£orporating income and eipellditure aeeoullt) For the Vear Ended 31 October 2021 Unre51rl¢ted % Re8trI¢te41 funds 2021 2021 Tittsi lld5 2021 2020 Note come fro]D: Donations and legaci ClJ3ritable activities 951 3,634240 1518 9943 163,135 J64,086 3.634240 1,518 9943 75.418 4.008,9Q4 4,514 14.629 Othertrèdillg J¢tivitie8 tnv¢stm¢nts Totsl kncome 3.646,652 163.135 3.809.787 4.103.465 EipendltUTt ott: RaisJn8 fiEnds thaTitsbl¢ aaivitrs 3378 4,166.729 3 J78 4,326,624 925 159,895 3,9J7,524 Total upendltsre 4,170,107 159,895 4,330,002 3.9J8.449 Net mowemeDt in funds 1523,4SSI 3.24Q {520215) 185.036 R¢tOtIllon of fuftd$: Totsl funds bught forward Nthmovement infiJt18 5,818917 (523,4551 5,818.917 {520215) 5.633.901 J85,6JO 3240 Totil funds c¥rri¢il fonYxTd 5,295.462 3.240 5298,702 5.8J8,$117 The Statetnentof Finallcial Activities includes all gains Dnd105% 1$¢d itt the year. The notes on pages 19 to 34 fornipart of these fmancial slat¢mEnts. Page 16
Tlje MortinKr So¢lety (A Company Limited by Guarxtttee) Regtstered number: 01741444 Balance Sb¢et As at 31 October 2021 2ft21 2020 Note Fixed x5xts Tallb]E 8$SEts Current auets 3.951,576 3.972,765 Ikbtors Cash w baDk aDd iuband 15 177292 1.459229 116,877 J.PS9.753 1.636,521 2,076.630 CredilL)rs.- amouttts falling due withinone year 16 1289,395} QJO.478) Net ryrr¢Mt as5¢ts 1,347.126 J,846,152 Total net Assets 5.298,702 5.8J8.9J7 Chdrffitv fullds R&stri¢led fwids 17 17 3,240 5,29S,462 Unjwtricted fiJDd3 5,818,917 Totlfun(L 5,298.702 5,818,917 The T]u$iees athiowled8e their responsibilities formplyIng with th¢ r¢quiTcments of the Act with resped 10 accouniing retords attd prw8ration of fjngnciai 51atwnents. The f]Lall¢ial sthtejnettis were approved and authorisvj for issu¢ byth¢ Tn]$leE5 1)n 30 MaTch 2022 llnd SI¢d ott theiT behalf by: DT. D. Olive (ChairofThJ$ieesl Dr. T. J. Ca Ivicc Chair) Thc noteson pag¢5 19 to 34 fo part ofth¢se fmattci818taiemenrs. Pag¢ 17
Tbe Mortfimer Soclcty (A Cotllpany Limlted by GuariD¢ee) Statet of Ca$b Flow5 For the Year Ended 31 Oetober 20ZI 2•21 2020 Note CaÈh Ilows fromoperalSDg actlvltl Net C8sh used in operatiDg actjviti¢s 19 {343252) 457,787 Cash IloJY fvominvtstIttg actie8 E)ivid¢nd5. iThterest5 rents from itivestDts Pur¢ba5¢0f rangible fixed assets 9.943 1167.215} J4.O39 (137.482) Net eAsh usedln investlDg actlviti¢S 1157.2721 (122,852) ChY4nge in ¢sh *md ¢4sh ¢qU1¢ts ltt theyeir Cgsb trash 1valents at the b¢Binnin8 of theyettr (5(Kl.5241 334935 1,959.7S3 J,624,8J8 C45h 2Ddwh equiv¢16 at theend of tbeye•r 20 1.459.229 1.959.753 Thc notes 4)tL p4g¢5 19 to 34 fOrnhNtof these fthantha] swements Pag¢ 18
Tb¢ Mtsrtinier So¢lety (A Company Limited by Guarantee) Notes to the FinAn¢ial Statements For the Year Ended 31 October 2021 Gtnerxilllformadon The Mortimer Society is a charitable con¥)Y limitcd by guarantee. registered in ETrKld And Wales. Its rewstered offiee is 42 Hollywood tthne. Frindsbury. Rtthtster. Keni MFJ 8AL. The nature of the chHTiWs operations. and it5 principal adivity is to provtde fflicf ofsuffering for PeP]e with physical andlor learning difficuIties andlor phy5Lcat aTJdlor mental ilbJe$s of ally des¢ripiioll. including people suffrring from Huntingtons digca5C. Ac¢ouoting politie 2.1 B4$1s of PTepar8tion of Ilnandal 5tst¢rnEnti The financial statements h&ve bcen prepar¢d in accord?n with th¢ chltieS SORP (FRS 102) (snd edition) - AcCoullt 8ttd Reporting by ChaTitie5'. StstemcDt of Rcwmrn¢nded PrtICe kppli¢able to ¢h8rities ptepaJyLg their counts in ac¢ordallce with the Finsn¢ial Reporting Stsnd£rd applicable in the UK aDd Republic of Ireland (FRS IQ21, the FinBncial Reporting Stsndtrd aroli¢&ble iti the UK Republic of Ircland IFRS 102) Imawh 2018) and the CotJ4)Blli&S A¢1 2006. The Mortimer Society meets ihe definition of a publi¢iKD¢fit Elltity uuder FRS 102. Agseis Ind liabilities are initially T#ogn¢sed hk4toricgJ Cost or tr4usadion vdlue unlcss Oth¢nse 5tafrd ktt the relevttnt OUDtin8poIicy. The CUTT¢Ys¢o in th¢ financial 4ateTDents ig Pound St¢rlthB. 22 Golng ¢onL*rn The mistccs consider that thwe are llo rnatLYiÈI u¢inti% atrM) the charitys abiliry io COlltinu¢ ag # going ¢olltem. 0$ Therear¢ $utri¢i¢nL rcs¢rv¢s io ¢ope with 3nypotentiaJ shortfall in income which may occur. The Covid-19 paLdemic has affcci¢d thc Socicry advcrs¢ly, as th¢ outhT¢4ks iTh the homes have led te vacattcitt. which ttmy b¢ difficult to fill, alld exlTa costs due to the inereased for iestiTr& staff illnes5 alld isolation due to the outhreak and th¢ prov1519n of equipmeLt thdnewworiullgpractices to ensure the s&frty of rc5id¢nt& th¢irf8rnili¢$ aud stsff. Initially in ibe pmd¢mic ther¢ W¢T¢ shortag¢5 Qf protective pvrsonxl equipment, but this has been r¢solvel and th¢r¢ ha5 beell Gov¢mm¢nt•l support for th¢ cxtra costs throu8hout the pandenll¢ irt¢ludixg 2021. However. the extra ¢ost5 of Btaffing and support of visitln8 have noi beell thlly mei wsty hav¢ tiseD. The TSt¢t8 and thB Tnana8eTr)ent are comtllitted to miiiLtsilliti8 tbe safcty of residents, fanJi]i¢s sts£T and ¢nsunn8 risks are ]Dinitllised, foJLo%ytig naiiollal gUIdae fromthe CQC, Publi¢ H¢aJth En8iand and workiDB wilh otherNtIS and LA bodies. These iÉ$ues should ies8erÈ over 2022. as th¢ iThf¢¢tiOll5 th]c to th¢ pandemic Ic55C4L and vac¢in8tion beMe4 more widespread. The iticothe will itwve as residents are ¥]nu"tted 8nd th¢ ¢xtra (ts will dimittisb. with improvemellt of the oycrall $r¢uation. Pase 19
The MortInr Sockty (A Cornpany Limited by Guarantee) Notes to tbt Finanelal Statemellts For the Year Ended 31 Oetober 2021 Attounthgpolld¢s (¢ontlnuÈd) 2J ID¢orn¢ All incorne is recow'$a Once the Charity has entit]ctMit to the illcom4 it is probable thal the in¢om¢ will be Teceived ADd rh¢ auLOUDt of I1Vable CHD bE mEasured reliably. Grallts are included in thc Statemcnt of Finan¢i41 A¢tiYiti¢s on B r¢¢eivable b&Big. The bace of irttt)me rel¥tI for 5PEcific purpD5e5 bul not eXpEcd duting the p¢r¢(xl is shown in the r¢l¢vant fujth ijn thf Bal&nce Sheet. Witre income is re1v in advaTJce of entitlemeni of receipL its reco11(10 is deferred included LD cr110[5 Is d¢re¢d iDCOD]e. Wher¢ cntitltyn¢nt4x¢urs befor¢ income receive4 the income is awnjed. Prnisiott oftart the Fee5 from a contract to provide telakd 5cr¥i¢ts art re¢ogJ)Jscd in th¢ pcrithl in which the 5¢rvic¢$ providEd on an ac¢DlS b8515. Any fr¢s invoiced in Edvan¢e are includ within deferred ijjcome uniil the service has been provided. Fees thai are invoi¢cd in anTaTS are included viithin accrued income, based on the fixed fee rdte fortach indiiidual resid¢llL Thc chatiiys ¢hariiable activities are exernpt trom Value Athd Tax. IDwm¢ from inv¢slnKrLts and ballk inteTe51 is included whell receivable aud the È]noufti catt be JJ)easured rejiably. 2.4 Expendtture Exnd1e is r¢¢ows¢d onee tbcTC is J legal or cons(TUCtive obligati{ to transfer KoDotlli¢ benefit 10 a third party, it is probabLe that a traosfw of ¢£onomi¢ b¢D¢fir8 will b¢ required in settlement a[ the arnoullt of the obligaiioJL call be )eaSUTed Teliably. Expemdiiure 1% classtfjcd by aciiviiy. The costs of awvity arc mad¢ up of the totd of diTeCt ¢osts alld sbaTed costs, iticludillg support ¢OSts ADvolved ill underrakJ"ng ea¢kn activity. Dir¢¢t CQ515 allributsbl¢ to a 51ll8le activity arc allocal¢d dir¢aly to thai acrivity. Sharcd costs which contributc to mDtc than onc activity support which are not attriburable to a sitigle activity ¥pportiQD¢d b¢Lween those activities OTh a basis consistent wilh IhE of ftSOUTttS. Ccntsa] StcOSts tre a110¢4ted OJJ the ba8iS tpf time sp¢nL and depr¢ciatiOD ¢barg¢s all8tj on th¢ wrfioj) of th¢ wei'$ EXpe1lture on raisirt8 futth i1deS all expenditure by the Cknity to taisc hjnds for its thaTilable PUTPOSgS and includc8 costs of a]1 fvndrai5ing &ctiYitics events and I-¢hablt tiYdin8. Expenditure on charitablc activi11¢5 iy ujcurrcd on dirwtjy und¢rt•kiThg the act]tlE¥ which further the ChaTity'S obje¢tLve4 well a8 ally 8É80¢iakd support costs. Gov¢rDance costs include Ih05c ¢tssts 80¢18d yt]L meeting the Constimiiollal alld stanmory reqUireMt5 of tb¢ ¢hJrity and include the audit fees ond costs litthed to the strategie nJaoa8em¢JJi of th¢ tharity. 2.5 TAtRO ThE ChllTity Is w1&ided to P8Ès the tests set in Paragraph I SclRdule 6 of the Finance kn 2010 ar1dthCfor¢ it m¢ets th¢ defJnilioTh of & charitable company for UK eorporaiion purpo. Ac¢orduJgJy, Ibe chlty is poienlially ¢xempt from tsxaii(Trn in respcrt of incom¢ OT ¢api¢al gains received within ¢akgvries ¢uvered by Chapier 3 Part I l of the Corporatiots Act 2010 or S¢aion 256 of th¢ Tllxation of ChRTgeable Gxins Ac1 1992. TO the exteLI thit such income or gaills applied exclusively in ihtpuxsuance of Lha¥itsble purp)3es. No w ¢h2r8e Bristn in the y. 2 Tanglble fixeda55et& and deprKi¥¢ion TaJ)wbl¢ fix¢d ass¢t$ costing £2,500 or more are tapitalised atrj re£ogDLS when fiLDJre ecoLomit benefits are Probabl¢ 8JJd the cost or value of the can be meL%uTed reliably. Tllu¥ible fixed assets are initially tecognised cost. Aller recognitiQD, Utlder the cost tuodd, tangibl¢ fixed a55ets' ait mthsured at tost less acGumulated deprc¢iai*)D and ally a¢¢umulai¢d impa]nnI Ioss¢5. All Costs inollrr lo bring 2 tyngjblc fix¢d a55et into il$ intended workinB conditiDn thould be Includ In the tywsuremety¢of st Pa8e20
The Mortlm¢r So¢lety IA Conwany Llmited by GuoraThtee) r4otes tfj Ib¢ Fln8ndl Statements For the Year Eded 31 Oetober 2(J21 Auntin¥Polir1¢{¢otin1ed} 2.6 Tafftglbkllxed gs5ets and dtpreclAttonltontiDutdl D¢preciation is chaT8ed so a5 to allocak tht ¢ostof taJ)gibl¢ fixed &wts l¢ss tknr residual value OverthelreIMaled usethl lives. using tbc styaight-lin¢ rnethod. Depreciation is provided on th¢ following b&s¢$.' Freehold ptDperty Inte) featu5 (ineluded within buLldingsl Freehold land Motor vchicles Household furniture and equIpnt - Ov¢r50 yw• - Over 15-20 years Nil . Ov¢r3 y¢aTS - Over 5 yeBrs 2.7 Debtors Trade and other dcbto]¥ ar¢ r¢816¢ llt th¢ settiemerji anttl. Prepayments are vatued at th¢ gmouryt prepllid nel of dny trade di5couDts due. 1.8 Cashat bnk4nd in hand Ca8h at bal 8Dd in hand iu¢lude8 cash attd short4ern hiBhly liquid invtstm¢Dts with a short maiuiity of three menth5 or les$ from the of acquisitiQD Ot opc]JillKofthe deposit Orsimil accouJJL 2J Llablllties and provlslotts Cr¢ditors Bnd provisious aye re¢ognised where rhe Chlty h8$ an obligation at th¢ BaJau¢e Sheet date as a result of a pasi evenL It is probabl¢ that & mTh8fer of econDmi¢ benefii wll be requir in settlemeTh¢ and the amount of the settlement Can be estimat reliably. Ctedil(krs and provisiolls ate nomully re¢ognised ai their settl¢m¢nt amount. 2.10 FID0dstrjVmts Th¢ Charity OTdy h88 fin¥mci81 a58¢ts and financ] liabilities of 4 kind thot qualify as b¥tsi¢ finan¢ insthun¢nts. B&si r)nan¢ial instruments are initially recogtsised ai tratt&iiott value and 5ubs¢qu¢ntly m¢a5ured at theiT settle1nL va]ue with the excei)tion of baThk loans which are $ub5quent]y ]neaSUTed al amortised ¢os¢ usin8 the effective intste$t tnethtyj. 2.11 Operating It*$ Rentals paid under opetatin8 leases arc ¢harged to thc Slat¢mcDt of Finan¢i81 ActiTritie8 on a straight line basis over the lease tem. 2.12 Pensions The Charity operttes a defined contribution pM5im s¢hcmc and th¢ PCJL%ion chxTgt represents the amounts pab]C by th¢ Cbarityio th¢ fund in respErtoFthe year. PAg¢ 21
The Mortkner So¢lety {A Company Lirnited by Guarantee) Notes to the Financial Statements For the Year Ended 31 O¢tob¢r 11121 AeeountlThg poll¢Ses{¢ontlllutd) 2.13 Fund accouDtlng Genernl fijnds Dre UDre5trickd fund5 which are available foT 115C at the dis¢r¢tion of tht Tntstets in fijrtherance of the general obJ"e£tive5 of the Chgrity and whiGh hav¢ noi bwi des]hRted for otherpuTPOSttS. DcsigDated fvnds comprise uThrestri¢tr4 fjjnds thathAv¢ b¢¢n s¢t gBid¢ by th¢ TruBtw forpArtiLuJar pwse8. The airtt uye of eaLh dES]atrd fund i5 sei outim the ]Jotes to the financial $tsiwnents. R¢strcted fullds 3Je fvnds which are th be used in xc4)rdance with specifLC resiri¢tior15 by donors or which havc betn rnis¢d by th¢ Cbarity for particular puwses. The costs tsf raising attd admitiisterittg such Ojttds arc char8¢d agaitist the specific fvDd. The aim u% of ea¢h r¢stri¢ta fund is sdout in the notes toth¢ financial staicments. Crld¢l ttoundoE e5tlm•tes iT¢d of Judgement Esumaies and judgements are conllnu•lly evaluated and 3r¢ OD historical experience and other fa¢tots. including expectatiotts of cts thai are believed bereasonabl¢ und¢r the circumstan¢¢s. Critical awountill¥ ¢StiTDates alld as8unViiKL5.' TheTmsteescoll5ider th8t th¢T¢ aT¢JW sigDthallt ¢$lirnates or critical judgemESkts which XTe likely lo affc¢t the Charity. fromdon*tiOn5 Attd loadtl Uve5trl¢ted fullds 2021 Rtstrlcted funth 2021 Total rund5 2021 Tutul fynd% 2020 Dottatio#s 951 951 3,122 3240 159,895 Goverllmenigrdnts 159,895 72,296 Total 2021 951 163,135 164.086 75.4J8 2020 fotslbyfvid 2J.427 53.991 75.41 Dwitig the paLdemic. theceotral government iSsuJ to supportT¢sid¢ntiBI CaT¢ with th¢ 5wificHDt iDcrease in opeAting costs pottiu]laTly aitsund p¢[nal protc¢tivc cquipmentand in maintaining stsffing lev¢15 in an Rttetnpt to mainlain th¢ safery of r¢sid¢nts aDd $tsff. The 8ronts have no uDfflled tonditii)lls ort(XllingeKies. Pag¢ 22
The Mortimer Soeiety (A Company Ltmited by Guarallttt) Not¢5 to the Fknancial Statements For the Year Ended 31 October 2021 l•¢onx fromeharitble ttt&lises Totsl funds 2021 Tothl fund 2020 2021 Pmvi8ion of care 3,634240 3,634.240 4.008.904 2020 Totslbyfvfvd 4.008.904 4,008,9Q4 Ill¢ome from other trading 4rtiTritie¥ l•¢omt frow fyndr8tslDgÈvEnts nrestrfcted ds 2021 Totul funds 2020 funds 2021 Futyth&isill8 1.518 1,518 4.5J4 2020 Tofalbyfv 4,514 4.514 IDve5tntttititome Unre5trlcted fwids 2021 Tothl fwjdf 202n fulld5 2021 B8Dk d¢posit illrest 9,943 9.943 14,629 2020 Total tyfmmd J4.029 14.629 Page 23
The Mortlmer Society (A Company Litttited by Guarantee} Not¢s to tht Financithl StatemeDts For tbe Year Ended 31 O¢tober 2021 E4bendlture on r*hlng fuDds FundrAlthg tradiDgexpen5e8 UHre%trltttd Total nds 2021 Z021 2020 3.378 3 J78 925 2020 Totolbyfund 925 925 AnAIysts of expellditureooehltAbi¢ Arflvld¢s by fynd te UDrestritted funds 1021 Restrlcted runds 2021 Total fund$ Tgtal ftsp 2020 2011 Provision of care s¢Jvic¢s 4.166.729 159.895 4,326,624 5.917,524 20211 Totolbyfynd 5,805,533 53,991 3,gJT.524 io. Ana]ysisof expEDdithre by¥¢tlvld Aftliltles uttdtrt#kE]h dtrtttty Support eosts 2021 2021 Total Total 2021 2020 Provisionof care service8 3.942.482 384.142 4,326,624 3.917.524 012020 Totsl 3,600.644 316,880 3,917,524 Pa8e 24
The lOTtimer Society (A Company Limited by Guarantee) Notes to the Fittanelal Slatemellts For the Year Ended 31 October 21121 io. ADaty5is of ¢xpendhur¢ by attlvldej Ito•tlnlled} AnAlysts of direrteosts ProvtsioTr o( o4re 5erYl¢e8 Tot rynds Toiul 2021 2021 2020 Staff Wbts 2.893.332 188.404 7.313 64,$96 523,833 117.920 31.789 114J08 900 2,893,332 188.404 7.313 64,596 523,833 117,920 31,789 5 14,308 2.628.904 176.135 5.tfoo 71,598 448,898 JJ9.88 26.393 123.237 DeptcciatioTh Staff re¢rniknent TAvel attd other staff costs R¢sid¢nt 5t5 in¢luding food attd hoiLsehold expeJhSttS Ittsurartce Aiency costs Thofe&%iona] fet8 Bad debts 87 87 3.942,481 3,942.482 3,600.644 rolol 2020 3,000,644 3.600,644 Att•]ysl$ of Support ¢oyts Total funds 2•21 roi41 ¢are *rvitÉy 2020 Stsff costs 281,151 79,392 5 596 7,921 1226 8,856 281,151 79,392 5596 7.921 226.055 63,086 5.297 12.163 1.170 S+,J09 G¢neral office costs CommunicatiODS PrOf10nal fr¢s 13atskch&r8es GovernAll¢e costs 8.856 384,142 384,142 3J6,880 Toth12020 3JO,880 3Jfj.8&0 P880 25
The Mortimer Society (A Company Limited by Gyarantee} Notes to the Flnanclal Statements For tbe Year Ended 31 Ottober 21121 ii. AuditOT'S remunerati•n 2021 2020 Feu payable to the Charity$ iuditor forthc audit of the Charitys U41 accounts lirrt7u5ive fVAT) 7,482 7.020 12. St*ff eo$ts 2021 2020 Wa8¢¥ gnd salari¢5 Social security ¢08 2.929,204 190,363 54,916 2,627,301 175.7O4 5J.894 3,174,483 2.854.95 The average llumberofpcr50D5 eTDpI(kyedbyth¢ Ch&Titydurin8 the yearwasa8 foll0v. 2021 2020 Provision ofcare 8eThrice$ Administration and support SeniormaJ)agement 127 J33 ij 142 145 The av¢tagehtadiy)un¢¢xpr¢ssed Is fi-ti1C¢qViVaIeThts was". 2011 2020 Provision of care Stl¢e8 127 J07 AdmiThi5trntion and support Senior managemeni 13 io 141 118 Pag¢ 26
The Mortitner So¢lety {A Company Limited by Gurntee) Ntstes to the Flnanelal Statements For the Year Ended 31 Oet(*ber 2021 12. Stsff ¢•sts l¢okntlnued) The numberof¢twloytu wboseemployeebenefjts l¢x¢ludingrmpio)ETP5iOll ¢ostsI l¢eded£6()Wt4". 2•21 2020 In ibe band £60,001 _ £70,11 Th£ kcy monaBemeThtpetsoJJJ)el of the ebarity comprise the Th]sl¢¢4 th¢Chi¢fExecutiv¢ Offieerathd the Setiior Management Twi. ]lJc totsi Rggregate arnouutof c]bployee bettefits liJJ¢ludillg employer national InsurBnte #Dd pettsion coutriblltithtsl r¢ceivedby k¢y TnatVd8emenl persunnel for their setvi¢e$ 10 the ¢hatity was £2QO.996 (2020.. £2tI8.5J9). ij. Truotees, remuDero¢lonADdèxpttts Dwing thc ycar. rto Twu$te¢s r¢c¢ived any r¢mun¢r8ti(>n or other benefits (2020- £NIL). During the Y¢ ¢nd¢d 31 Odob¢t 2021. ts0 Trustee expenses bave beeD (2020_ £NIL}. 14. T8lbkfiXed Assets Frethold property Motorv¢hlclu rittingj Totsl Costor valllalion AT l NovenJber2020 S,010,936 73,094 86.617 855,547 94.121 5,953.100 167.215 (14,250) Additions Disposals 114,250) Ai 31 Ortob¢r20ZI 5.084,030 72.367 949,668 6,L06,06S Deprtclatlo Ai l Novtniber2020 1243,207 81.788 4.123 (14,250) 655,340 81,163 1.980.335 188.404 114,2501 Cbar%e fortbe year OTh disposa15 At 31 October 2021 1,346.325 71.661 736,503 2,154,489 N¢t b00kvut At 31 October 2021 3.737,705 706 213,165 3,951 576 Ai 3J O¢iober2020 3,767,729 4.829 200.207 3.972.765 Includtsl inlattd and buildings is freeholdland with 8D ¢stirn8t¢d ¢ost of£219.IK)O which is noi depreciir&l P8ge27
The Mortimer Society (A Company Llmltrd by Guarantee) Notes tts the Flnandal Statements For tbe Year Ended 31 Oetober 2021 D¢bt•rs 2021 2020 Due wttblu one year Trade debtor5 151,731 71.169 9,467 36,24] Othv d¢btot¥ PtyyThenrs And crUediCoMe 25.561 177,292 lJt5.877 16. CreditorB: Amounts fauing du¢withiD oney 2021 2020 Trthueditors Other taxation and soGial STity Oiher ¢teditors 72,580 49,578 32,288 134,949 07,368 45.649 30.268 87.293 Acctuals attd deferred in(¥)m¢ 289,395 230,478 Pig¢ 28
The Morthner Society {A Conwany LIDted by Cuarantet) Not¢$ to th¢ Financial Statementi For tbe Year Ellded 31 Octob¢r 2021 17. Stgtementolfumds ststementof fundi- turrent ye%r B8lxttteatl IYoveD7b¢T Trn5fers IDlollt Balallr¢at 31 October 2021 2020 %pendit•re U]wt¥trtcted fvnds Design4t¢dds BitlinE House donations FnndsburyHouse donition8 Fixedasseis 12,167 13.757 3,972.76S 14,673) 13,351) (187,315} 11.3251 17,837) 166,126 6.713 2.976 3,951,576 407 3,998,689 951 (195,339> 156.964 3,961,265 Gelltt fundi General fjjnds 1.820228 3.645.701 (3.974.768} {156,964) 1,334,197 'rotl UllrestrS¢ttd 5,818.917 3.646.652 {4.I70.107} 5.295,462 Rests*te4f4nds Emersencyclaim WorkfoTC¢ rapacily fllnd Rhpid iesiingb IPC & vacein¢ fimd Hedley Foulldaiion Inftction tontrol 31J04 18,345 44.484 3,240 59,762 {37,304) 118,345) (44.4841 3,24 (59.762) 163,135 1159,8951 3240 T•taJ of 5,818,917 3,809,787 {4,330.0O2) 5298,702 P4e 29
The MortIDr Society (A CoThpany Lin)ited by Gugrantee) P4otes to the FJnan¢lal Stat¢meDts For the Year Ended 31 October 2021 17. Sttemetttof funds Itolltlnuedl D¢gnIted funds TheBthitis atsd Frijjdsbury Hwsc d¢5iwed funds hold doTrations receivedat each hOe during theyear. These individual nds will b¢ vj to outside of the gellEral Op]D8 budgd of the chariiy and the man8gers gnd staff at eackn of tbc hOS will b¢ Abl¢ lo sugg¢st i¢k4s on how theybelieve this shoutd be spent. Thedesigllated fixed asycts fiujd repr¢s¢nts th¢ D¢t bookvaiu¢ of tallEibl¢ a17ntagJbIe 8$sets. Art Ittllnt ks trsnsferredto or frotllthe futtd year represejjtingthe movenxnt iti the n¢t t8)Dk valu¢ ortanbI¢ fixe4 Assets at the year end. UttMtrItttd fuods Trsc arc fjJnd% which arc availablc for us¢ at th¢ discretion of the trustees in fitheTan¢e ofthe general ObJeiVeS ofthe charity aud vthi¢hhav¢ not beendesigDated fr>r OtherplpOSe$. RÈ$trieied fuDds ThB eTfJa8a]ry¢laim funding w&$ provid¢d from local authorities, with tht purpoBe of providing addiiional support iD cxc¢ts of the infection control gront during the Cowd-19 pandemic for ¢are homes & comtnunity cart s¢rvicts. Th¢ fundin8 rec¢ived was spent ¢m ts preventioll of the sprtad of Cfjvid-19 inthe¢haritys carehomcs. Th¢ workfoTCC ¢apGity fimdiD8 w&s providedby local authorities to supplement and stren81ben advjt SQCj81 carc Staff capacity to tThsure thai s4fe and ciyttliDU0 care ig achieved. The fijnding was Spent oll stsEngthetLill8 the caTe Staff capaciry to ¢J]5urc the ¢ontitiuity of the care provision in the ¢v¢ni of prSur¢S around work£orc¢ shortag¢8. Th¢ r8pid t¢stin& tPC & vaccine fundirtg wfys re¢thved from local authoriues with the puwe of limiiin8th¢ swud of th¢ COVID-19 inf¢ction Ht th¢ charl9 COTe home. The fiLndirtE was speot on &wipment such as ie8tingkJls. PPE & vClI]aTion8. Tho HIeY Foulldaiion Wds r¢c¢iv¢d for the pury)ose of insta]ling hOi#tS11ng$ a8part of a project to aid eaTe setvices. The gtanl wryll be used al Birlill8House iowards the ttfwq)ishmentof the roon on the fwst floor and the hoists which are required pgrt of thepTojectwork intstioTh ¢ontrol fL]ndillgNs pro}dedbY local auihoriiies for the pwwse of limiiiThg the spreadof th¢ COVtD-19 iJJf¢ction ai th¢ ¢haritys C8Te hom¢8. Th¢ fvndtng was Spent on ensurinE that staff were paid their tttsrmal wagcs iti Ibe evellt of isolatlll8 in litie withgovernment guidan¢4 01) Itn]iIin8llDDe5sryWff Dver¢llt between settinBS. Pag¢ 30
The Mortlmer Society (A Ctsmpny Llmlted by GMarant¢¢) Notes to the Financlal Statements For the Year Ebded 31 October 2021 17. S¢atsrneDlof fwids l¢otttiiutd} SttsmeDt of fundi- prloryear al INovember 20J9 Bulancellt AJ Ociober 2&20 Income ExpenditUTe Tru¥¢1$ Inlotsi UttrtttAtted fuDdi D¢signated (ulldi Billing Hou8eth)notsons Frind$bury House dortations Fix¢dowts 9.045 J3.757 4.011,419 3.122 J2.167 13,757 3.972,765 (J76.J351 J37.48J 4.034,22J 3.122 (J76.J35J J37.48J 3.P98,689 GeneT•I General fimds 1.599,fj¥0 4,040,352 (3,688,323) (J37,48J) 1.820,228 Tolal UDrestrl¢tedfun 5,653,90J 4.04Y,474 {3.864.458J Restrictéd Emer8en¢y claim 53,99J (53,991) TO1 of fuDdi 5.633,gOJ 4,J03,465 (3.918,449J 5,818,gJ7 Page31
The Mortimer Soelety (A Company Llmited by Guarntee) Notu to the Financial StaterneDts For the Year Ended 31 October 2021 AlYSIS of Det Auets behveR fuNds Anatysts of net assets betwe*n fu#d$- turrtDt yvdr Unrestricted fuDd5 2021 Rt5tritted fulld5 2021 fund6 2021 Tan8iblc fixtd as5ers 3.9SI,576 1,633,281 1289,395) 3,951.576 1,636.521 {289.395) 3.240 Creditors due withiti otse yea[ 5,295,462 3240 S298,702 Allalyslg of net Asiets betweeD fuDd5-pfiDrye#r Unrestricred funds 20211 fund$ 2Q2Q Tangible fixed assets CuEr¢nt ass¢ts 3.972,765 2.070,630 30.478) 3,972. 765 2,070.05Q Q30,478) Creditors due within one yur 5.818.917 5,818,917 19. R¢unciltstion of net movement in thd8t0 tgshnow fromoperaling 4ctivities 2021 2020 ineonxlexpcndithre forth¢ yeBr{aspErStatement of Financi41 Athivitsesl 1520.215) 185.036 Adju$tm¢nts for: Depreciation charges Dividends, interests and rcnts from ijjvcstt)xnts De¢rSe/llTea5¢1 indd>to Its¢rease in creditors 188.404 19,9431 {60.4151 58.917 J70,J35 (14,62P) 53.223 58.042 T4et£A$h provlded byl{wedJu}•p¢rating activiti (343.2511 457. 787 Page 32
Tbe Mortimer Society (A Company LIted by Guarant¢e) Notes to the Flnandxl Staternent& For the Year Ended 31 October 2021 20. ADalysts Df rAsh Andcw$b equlvDts 2021 2020 Cash in hand 1.459229 3,959, 753 21. An#lysls of changes In net debt At l November 202 At31 Oetober 2021 Cash flows Cash at bank aod in hand 1,959,753 15rf,524} 1,459229 J,959,753 1500.5241 1,459.229 22. Capltsltommltmtnts 2021 2020 Conlmcted for but not prollded thtfUthnCiStat¢rn¢nts Acquisiuon of wigible fixed assets 283,632 The abov¢¢ommitm¢nts referto th¢ Birling Housepa5senger lift 8Ld refvTbishmeDtof bedrooms. 2J. Pthsfiom eomjnltmtnts Th¢ Chlty opctates a defiTJ¢d Contribution p¢n5ion scheme open io all perniancni ¢mployees. Duling the year the Cha¥ity contribuL¢d £54,916 12020.. £51,8Q4) on b¢h*lf of employees have opied ittio the seheme. Of these contribuiioL8 £13216 (2020.. £11.553) rwnaintd outsianding at the balance sbeet date #nd is in¢luded within cutretst liabilities. 24. Optr•tln%ieMe eommltments At 31 October2021 thecbarity ]Jsd eti]btiJitsll¢Ots w m•k¢ thtur¢ miDin]um l¢a5¢ paym¢nts UDd¢rllon-¢8n¢¢liabl¢ op¢rating Iw¢3 55 follows.. As resiaied 2021 2020 Noi later than l year than l y¢ar and Dot latcr thall 5 years Later thart S yea 20.009 49,693 3,062 J4,478 Jl.890 72,764 26.368 Page 33
The Mortimer Soriety (A Company Llmlted by Guarantet) Notes to the Fln#nclal Statements For the YeAr Ended 31 October 21J21 Members, IIAblllty FA¢h member of the tharitable ¢ompaDy undutak¢s to ci)ntsJbute to the &%&ets of the ¢empaJJy iD th¢ cv¢nt of it b¢ing wowid up while hol&he is amember, or within oJ)e year afterShe ceases to bE a Jnernber, SUGh atnouDt as mayk r¢quire4, not uc¢cding £1 for Ib¢ d¢btS 8Dd li&biliti¢s ¢oDtra¢ted befote helsheceases To be a mcmbcr. 2& Rtl4ted prtytrne0th1 Thcre W¢T¢ tLO lated p8rtytr8nsaclions ltIftedg the ye&. Pagy 34