wYrHAM HALL ANNUAL REPORT 2021-2022 # **WYTHAM HALL ANNUAL REPORT 1[st] April 2021 – 31[st] March 2022** ## **CONTENTS** Board of Trustees Members of Wytham Hall Chairman’s Report Introduction and Developments Benefactors of Wytham Hall Statistics Statement of Financial Activities Balance Sheet ##  **BOARD OF TRUSTEES** Dr David El Kabir, M.B.E., M.A., D.M. (Oxon), M.B., B.Chir. (Cantab), F.R.C.G.P. Principal of Wytham Hall Peter Barry, MBA (Cass), FCCA, DipM, MBCS. FIoD Finance Director, Meiko UK Limited. (Chairman) Professor Sir Brian Jarman, O.B.E., M.A. (Cantab), Ph.D., M.B., B.S. (London), F.R.C.P., F.R.C.G.P., F.F.P.H., F.Med.Sci. Emeritus Professor, Imperial College, Faculty of Medicine Dr Philip Reid, B.A. (Oxon), M.B., B.S. (Lond), M.R.C.P., M.R.C.G.P., D.R.C.O.G., General Practitioner, (Vice-Principal) Caroline Moore, BA (Oxon) Sue Fish, BA (Cantab) Company Secretary: Dr Philip Reid, B.A. (Oxon), M.B., B.S. (Lond), M.R.C.P., M.R.C.G.P., D.R.C.O.G., General Practitioner, (Vice-Principal) ##  **PATRONS** Theodore Zeldin, C.B.E., F.B.A., F.R.S.L., F.R.HisC.S., M.A., D.Phil. (Oxon) David Shaw, C.B.E., F.R.C.P. (Lond), F.R.C.P. Edin), Hon. F.C.S.T. Dr Philip Joseph, B.Sc., M.D. (Lond)., F.R.C. Psych. Lady Reid (Jane Reid) MA Oxon, MA Cape Town Solicitors: Dibb Lupton Alsop, 125 London Wall, London EC2Y 5AE Auditors: Alliotts, Imperial House,15 Kingsway, London, WC2B 6UN Bankers: HSBC, 196 Oxford Street, London W1A 1EZ ## **MEMBERS OF WYTHAM HALL** ##  **RESIDENT MEMBERS** Dr David El Kabir, M.B.E., M.A., D.M. (Oxon), M.B., B.Chir. (Cantab), F.R.C.G.P. (Principal) Dr Philip Reid, B.A. (Oxon), M.B., B.S. (Lond), M.R.C.P., M.R.C.G.P., D.R.C.O.G., General Practitioner, (Vice-Principal) ##  **NON-RESIDENT MEMBERS** Andrew Keck, B.A. Hons. Manager Stephen Tufnell, B.Sc,MA., Dip.Couns. Manager Bridget McCarthy, Cert. Therapeutic Counselling Service Leader Magda Drozdowska, NVQ 3 in Health & Social Care, Postgraduate Studies of Journalism and Social Communication, Faculty of Humanities. Dr Nad’a Horakova, M.D. (Prague), GP Trainee, Cambridge scheme Danylo Yershov, M.D. (Prague) Junior Doctor, Kladno Hospital, Kladno, Czech Republic ##  **VISITING MEMBERS** George Osborne, F.C.C.A. Accountant ## **Chairman’s Report** Wytham Hall continues to apply the lessons we have learned from the pandemic. Our ‘Business Continuity/Pandemic Policy’ has been thoroughly reviewed and improved to take advantage of the lessons learned. The practical and emotional realities of the staff team working from home whilst isolating has been addressed through the introduction of extra Wytham Hall laptops which will be kept at home, Wytham Hall mobile phones for all staff and greater attention will be paid to the isolation of staff, especially following lengthy and challenging phone calls with complex residents. There would also be a weekly team meeting via an online video conferencing platform to provide such support and to maintain the feeling of working within a team. Post-Pandemic the frequency of contact between staff and residents, whether face to face or via telephone, has been increased where it is welcome. Alongside the support needs aspect of this contact, the amount of merely social contact has been increased. This has always been typical of the way Wytham Hall staff work, but the two periods of lockdown revealed that more residents were in need of this social input and outlet than we had realised. We have found that our traditional sources of referral have dried up somewhat, but staff have been busy generating new sources and these are starting to increase the number of possible admissions once again. Financially Wytham Hall remains stable and viable but continues to be dependent on the contract with Westminster City Council for its continuing operations. Peter Barry ## **The passing of Caroline Moore** Caroline, who died in September, and I, started as Wytham Hall Trustees together in 2017. She was a splendid person and an excellent and caring Trustee. She was a lawyer and so tremendously helpful to us in her advice and counsel to the Board. But above all, her kindness and sensitivity about the issues faced by Wytham Hall gave us and the organisation huge support and assistance in all we are trying to achieve. We will miss her very much indeed. Sue Fish (Trustee) ## **Introduction** Wytham Hall is a supported housing charity based in Maida Vale. We provide drug and alcohol abstinent housing and support for up to 25 people who have found themselves classified as homeless by whatever definition. 21 of our rooms are part funded by Westminster City Council. We maintain a support staff team of four and employ one further team member in a cleaning/handyperson role. ## **Developments** ## **The Pandemic** Wytham Hall came through the pandemic pretty much unscathed. Only one resident became infected and their case was mild. One member of staff became infected twice, one infected once and in those cases the symptoms were again mild compared to what many in the world went through. One other staff member is thought to have long-Covid, even though they experienced no Covid-19 symptoms. Matters might not have been so positive without the contributions of some of our residents and the efforts of our electrician and plumber. All staff are now back in the office. ## **Lessons to be learned** Inevitably most, if not all, of our residents lost any momentum they had with regards to progress during the two periods of lockdown. They often struggled due to the lack of face-to-face contact with their friends and staff and this began to have a negative impact on either their mental health and/or their sense of wellbeing. Essentially, long developed coping mechanisms were no longer accessible. More than one resident, who, prior to the pandemic, had been very prone to deliberately isolating themselves, reported that this being their choice was one thing, but that being isolated following government instructions, was a very different experience, although they always commented that they weren’t sure why they felt this way. As a result, telephone contact from staff did not only focus on their support needs, but also allowed time for purely social conversation and the sharing of staff experiences of lockdown. The frequency of staff contact was also increased when welcome. This appeared to go quite some way to making up for the loss of face-to-face contact and in many cases lead to the development of even better relationships between residents and staff. Ex-residents, with whom we had remained in contact, were also telephoned, as in almost all cases they lived alone and were experiencing the challenges of isolation as much as anyone. In one case, staff were involved in alerting medical services to a concern and they arrived just in time to save the person from almost certain death from Covid-19. Sadly, this person died not long afterwards from a separate health issue. As the person’s family are not English and could not visit the U.K. to address certain matters, staff supported them in obtaining certain necessary documents to allow the transportation of his ashes, the tying up of his estate and also his photographs and more recent Wytham Hall photographs, that we know were much appreciated. Our counsellor also continued their contact with some of our residents over the telephone and this was found to remain effective with residents with whom a relationship had already been established. Unfortunately, the counsellor in question moved away from London and so we are now once again looking for a suitable counsellor to take their place. Most of our residents were vaccinated, but not all. In cases where the offer of vaccination was rejected, this was sometimes due to paranoia, sometimes due to hysterical stories in the media, but sometimes merely due to a fear of needles. Some staff found that they themselves struggled with the isolation, especially when having to manage, via telephone, some of our more challenging residents. ## **Applying the lessons** Going forwards staff now have two Wytham Hall laptops, one at home and one in the office and all staff are to be issued with mobile phones so that they do not need to use their own phones. This is felt to be important due to the risk of revealing one’s personal number by mistake, having forgotten to dial the number withholding ‘141’! This will also allow, when suitable, residents to call staff. During any future pandemics, there will be a weekly staff meeting via ‘Teams’, or similar, to enable staff that are struggling, to express their concerns and to gain support. The pandemic has also provided an opportunity to take advantage of the fact that long established trends and patterns of behaviour have been broken. As a result, office hours have changed and staff work from home on one day per week. Given that at the start of the pandemic, there was much talk in the media to the effect that the Covid-19 pandemic was merely the first pandemic of a likely series, our ‘Business Continuity/Pandemic Policy’ has been thoroughly reviewed. This policy had been thoroughly reviewed prior to the pandemic and although it was found to be a very useful tool, this does not mean that it did not contain flaws. These flaws have now, hopefully, been addressed. We have continued to achieve success in supporting residents to move on from us to independent accommodation and we have continued to provide them with resettlement support to help them settle into their new lives. We have also been successful in continuing to admit new residents with some referrals arriving via referral sources not previously considered. Such efforts to develop such new relationships have often paid dividends when our traditional referral routes have proved limited. We continue to provide high quality accommodation, and continue, when financially able, to invest in maintaining and refurbishing our accommodation. Such accommodation has helped us to provide an environment that enables our residents to focus on self-development. We are grateful for the additional income we have received through donation. The additional income proves invaluable in allowing us to provide extra support to residents that we would not have been able to provide without it. ## **BENEFACTORS OF WYTHAM HALL** **We would like to thank the following organizations and individuals, as well as those that wish to remain anonymous, for their kind donations and gifts.** **FINANCIAL YEAR 2021 – 2022** ## **Trusts and Statutory Bodies:** ## **Individuals:** The Eleanor Hamilton Trust Dr. D. El Kabir E. Glew Mr. B. Eno Duchess of Rutland A Theodoropoulou ## **We would also like to thank the following organisations with whom we regularly cooperate:** Andrews Computers; The Benefits Agency; St Mungo’s; Chubb Securities; The Connection at St. Martin's; Great Chapel Street Medical Centre; The Metropolitan Police and Safer Neighborhood; The Passage Day Centre; The Rough Sleeping Team; Supporting People; Westminster Housing Benefit; Groundswell; St Mungo’s Clearing House Team; EASL; The Lodge; Furnival Press - TKO Print and Design Ltd; 4-5 Gray’s Inn Square Chambers; CMHT (Central Locality Team); Ruth Miller (Diabetes Nurse Consultant); North West London Transformation; Ros Johnson (Counsellor); Heather Lane (Community Nurse Specialist at St John's Hospice); FES Electrical repairs and maintenance; TL Heating and Plumbing; CASS Arts. **----- Start of picture text -----**
Age Range 2021/22
9
8
7
6
5
4
3
2
1
0
Under 20 20-30 30-40 40-50 50-60 60+
**----- End of picture text -----**
## **Ethnicity 2021/22** **----- Start of picture text -----**
UK
Europe
Asia
Africa
Other
**----- End of picture text -----**
## **Length of Stay 2021/22** **----- Start of picture text -----**
0 [12345678]
Under 6 Months6 Months to 1 Year 1 to 2 Years 2 to 3 Years 3 to 4 Years Over 4 Years
**----- End of picture text -----**
HAM HALL Um￿ED BALANCE SHEET ASAT 31 AIARCH 2022 Tartg￿￿ ￿ets rr•nt Oebttys CAsh at bank* ￿ hwd t3 4JlJ18 457.085 14 16.¥ 211.7(6 10.101 212.49¥ CRdtors". aniouthsidfirffjdurth*4thkn i• y*•¢ 15 (13.Xll 112.304) 215J70 200.194 646.688 657259 ¢orn•fvTrd• Re$l[￿red fiJTh iknTe51nthd 17 428.079 23239 187.570 450.618 26.447 180 194 657259 2311¥2022 P Barry WBA. FCC4. MBCS. F TNstee DtP Rèwj W MB. 0$. MR¢P. DR¢OG Trusts• Rw•iv*li¢M MD. 01777n9 Charlty Regl$trallon No. 289328 Company Registration No. 01777775 (England and Wales) WYTHAM HALL LIMITED COUNCIL OF MANAGEMENTS. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 WYTHAM HALL LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Counell Of Managèmènt P Barry MBA, FCCA, Dip.M, MBCS, FIOD Dr D El Kabir MBE, MA, DM, MB, B Chir, FRCGP Sir B J8rman OBE, MA, PhD, MB, BS, FRCP, FRCGP Dr P Reid BA, MB, BS, MRCP, DRCOG S Fish, BA Icanlabl Secretary Dr P Reid BA, MB, BS, MRCP, DRCOG Charlty number 289328 Company nUM￿r 01777775 Registered office 117 Sutherland Avenue London W9 2QJ Audltor Alliotts LLP Imperial House 8 Kgan Strgel London WC28 4AS WYTHAM HALL LIMITED CONTENTS Page Council Of Management's report Statement of Council of Management's responsibilities Independent auditor's report 7-10 Statement of financial activities 11 Balance sheet 12 Notes to the financial ststements 13-22 WYTHAM HALL LIMITED COUNCIL OF MANAGEMENT'S REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2022 The Council of Management present their annual report and financial statements for the year ended 31 March 2022. Th8 financial statÈm8nts havè been pr8par8d in a¢cordance with thè a¢coLJnting policiés set out in note 1 to th8 financial statements and comply with the charity's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charib'es.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial Repo￿.n9 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191.. Objectives and activities Objects of the Charitable Company il The provision at Wytham Hall of supported housing for ￿en and women and assistance given in seeking appropriate medi¢81 and psychologi¢81 support for those who through povety, homelessness or age cannot readily obtain such Care., ill to promote, undertake and sponsor research into the spècial medical needs of the poor, the homeless and the aged in order to improve the nature and standard of the support given to such persons,. and iiil the training and education in particular but not only in connection with such matters of medical students and persons intending to become medical students. Aims We aim to reduce the numbers of homeless on the streets by housing them in the community and supporting them in their accommodation. Objectivas Our objective is to achieve the highest occupancy possible and to break even financially. The Council of Management have paid due regard to guidan￿ on public benefit issued by the Charity Commission in deciding what activities the charity should undertake. Voluntoars The charity relies on its voluntary resident staff for cover otherwise it would not be financially viable, Volunteers provide overnight and weekend emergency managerial cover, Volunteers provide part-lime managerial cover in the week. There is also some voluntary administrative input. The value of work done by unp8id volunteers is eslim8ted 81 £51,45812020121.. £50,949), ￿p￿Sentirng 8mounts for overnight Cover, weekend on c811 man8gerial cover 8nd daytime managerial cover. Achievernents and performance The charity now exclusively provides sheltered housing a¢¢ommodation for 25 homeless people. Income is earned from rent and housing benefit and from supporting people grants from City of Westminster for providing support to tenants. 23 residents were housed in our sheltered housing over the year al a cost of £8,078 each 12020121= 24 al £7,881 each) for an average of 10.4 months each. 80Vo 0￿UPan¢Y12o2O121'. 82Yo 0￿UpanCYI was achieved for the supported accommodation. Our target is always 1000/0 bul is difficult lo achieve if residents move on and il tskes lime lo fill the void rooms. WYTHAM HALL LIMITED COUNCIL OF MANAGEMENT'S REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Financial review A deficit of £18,371 12020121 - £33,799) was made for the year, from income of £396,0é312020121 £290,125) and expenses of £414,434 12020121 £323,924). The charity is sound financially with short term c4sh deposits of £174,68512020121- £174.7671. Reserves policy It is the policy of the charity lo m8intsin Un￿strICted funds, which a￿ free reserves of the ¢h8rily, at 8 level which equates to 6-12 months of unrtrstricted expenditure. This providtrs sufficient funds to covtrr management and administration as well as thè provision of sheltered a¢¢ommodalion in the èvent of ¢ash flow problems and any abrupt changes in ftjnding sources. It is recognised that none of the funding sources for Wytham Hall are gLJaranteed although at present no substantial changes in funders, policies is predicted. Should reserves fall below or exceed these levels this will be brought to the trLJStees attention to take appropriate action. At 31 March 2022, the charity held £187,570 of free reserves. This represents approximately eight months of unreslricled expenditure. Investment policy The Council of Management has considered the most appropriate policy for investing funds. Accounts are currently held with HSBC, Lloyds, and Sanlander. The charity has short term investments as a precaution due lo the uncertainly of future income in communty care. The charity is empowered by the Memorandum of Association lo invest the monies of the charity not immediately required for ils purposes in or upon such investments, securities or property 8$ may be thought fil. Covid 19 Impact The pandemic h8s had limited impact in the Gharily in the fin8n¢ial ye8r and post ye8r end. Th& need for a¢¢ommodalion provided by the charity remains strong and financially the charity has adequate reserves lo meet ils requirements the foreseeable future. Rlsk ststement Major risks to which Wytham Hall is exposed, as identified by the Council of Management, have been reviewed over the course of the lasl year following consultation with an exlemal advisor and systems have been established to mitigate those risks. WYTHAM HALL LIMITED COUNCIL OF MANAGEMENT'S REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Governance The Council of Management regularly review the skills mix to ensure that there is an appropriate range of relevant experience and expertise on the Council lo cover the operational, management and financial requirements of the charity. Operational Risk Wytham Hall exclusively runs 25 supported housing rooms over 4 properbes. A rough sleeperfs grant of £2S,000 is received for 5 bed spaces. A Supporbng People grant of £39,696 is received for 16 bed spaces. There is currently a full staff team of 4 and a part-time cleaner, management and co-ordinator responsibility falls within this team. Wytham Hall currently has in excess of 85 policies covering a variety of issues, such as Protection of Vulnerable adults IPOVAI, Equality and Diversity, Confidentiality, Health & Safely, Infection Control Procedures, RIDDOR and Dealing with Violence. The Executive CoMM￿ee regularly reviews these. Health and Safely regulations are complied with as laid down by law and the Weslminsler Environmental Health Services carry out regulady inspections. Flnance Rl$k Measures to ensure adequate income are regularly reviewed and occupancy is regularly monitored. W￿haM Hall has insurance policies induding Employers Liability for £5 million and Loss of Income for £2 million. The financial situation is reviewed eight limes per year and there is an annual external audit. All investments are held in low risk deposits, and there has been no investment in the Stock Marf(el. Environmental and Extemal Risk Supporting People, City of Weslminster, visit regularty lo inspect the support plans elc of residents. 117 Sutherland Avenue and 40 Lanhill Road are registered as Houses in Multiple 0￿uPation IHMOI. Regular checks are made by gas, ele¢lri¢ily, fire alarm, fire extinguisher, personal alam, pest Control, exlra¢lor fan and boiler professionals and safety ¢ertifi¢ates issued. The fire risk assessment is reviewed bi-annually. There is a fire safety policy and lor each of the properties a fire emergency plan. Wytham Hall is a smoke-free building as required by UK law. A Computer Management Policy covering areas of risk such as viruses and loss of data is in pla￿. The Executive Committee visils the supported housing units annually to ensure that they are well maintained. Reputational Risk A Media Policy lo safeguard the good name of Wytham Hall and protect against repulalional risk has been developed. A conlidenlialily clause slating agreement lo observe absolute confidentiality of the business both during employrnenl al Wytham Hall and thereafter has been added lo staff contracts. The present terms and c(ndilions slate that 811 wrillen policies and procedures should be Considered part of the Conditions of employment. Law and Règulatlon Compllanc8 Rlsk Professional advice is sought regarding employment law whenever necessary. Staff contracts have been reviewed in the last year and all staff receive regular appraisals. Annual Retums to Companies House and the Charity Commission are made as required and the General Data Protection Regulation is complied with. Plans for future periods We are aiming for 1000/0 occupancy for our sheltered accommodation. We are continuing to develop the AQA IAssessment and Qu81ific81ions Alliance) scheme to enhance th& personal devtrlopment of our rgsidents during Ihoir time at Wytham Hall and botter equip Ihgm for indeptrndgnl living. WYTHAM HALL LIMITED COUNCIL OF MANAGEMENT'S REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Structure, governance and management The governing document of the Charitable Cornpany is the Memorandum and Articles of Association. The Charitable Company is limited by guarantee. The Council of Management, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. P Barry MBA, FCCA, Dip.M, MBCS, FIOD Dr D El Kabir MBE, MA, DM, MB, B Chir, FRCGP Sir B Jarman OBE, MA, PhD, MB, BS, FRCP, FRCGP Dr P Reid BA, MB, BS, MRCP, DRCOG C Moore, BA Ioxonl S Fish, BA Icanlabl IDeceased 31 August 20221 None of the Council of Management has any beneficial interest in the company. All of the Council of Management are members of the company and guarantee lo contribute £1 in the event of a winding up. WYTHAM HALL LIMITED COUNCIL OF MANAGEMENT'S REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 The charitable company is run by the Council of Managemenl (who are also the trustees for Charities Act purposes and directors for Companies Act purposesl. The Executive Committee reports to the Council of Management. On a day lo day basis the support staff report lo the resident staff who report lo the Chairrnan or the Company Secretary. Aweekly meeting is held to review all residents. Approximately 5 /ts of senior staff lime is spent on trustee and executive meetings. One third of the Trustees resign 8nnually in rolalion. Prospective Trustees are nomin8ted and 8 Vote is then taken by the Council. There have been no material changes in PDlicy in the last year. Wytham Hall has a commilment of currently five Trustees from various professional backgrounds with a vast range of relevant skills. Five Council of Management meetings were held, at which all aspects of the business are reported and discussed. In addition weekly and monthly staff meetings are held to address the day-lo-day running. Records are kept of all decisions. Dr Philip Reid is the company secretsry. Mr Stephen Tufnell is the bursar and runs the finances, reporting to the Executive Committee. Trustees are chosen so as to provide a range of SLJitable skills and experien￿ to support the Charity's aims and development. Future trustees are proposed by current TrLJStees. They are then approached and asked if Ihey would like to become a trustee. New Trustees are given a detailed tour of the charity and its properties, a detailed explanation of its activilies and any relevant reports and literature. Charity Commission newsletters are circulated to keep Trustees up to dale and they are informed of any new developments. We are currently looking at new ways of training our Trustees. Auditor In accordance with the company's articles, a resolution Proposing that Alliotts LLP be reappointed as auditor of the company will be pul al a General Meeting. Disclosure of information to auditor Each of the Council ol Management has confirmed that there is no information of which they are aware which is relevant to the audit, bLJt of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. The Council of Management's report was approved by the Council. P Barry MBA, FCCA, Dip.M, MBCS, FIOD Trustee Date.. 2111212022 WYTHAM HALL LIMITED STATEMENT OF COUNCIL OF MANAGEMENT'S RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2022 The Council of Management, who are also the directors of Wytham Hall Limited for the purpose of ccmpany law, are responsible for preparing the Council Of Management's Report and the accounts in accordan￿ with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A￿pIed Accounting Practice). Company Law requires the Council of Management lo prepare accounts for each financial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable cornpany for that year. In preparing these a¢¢ounls, the Council of Management are required to.. select suitsble accounting policies and then apply them Consistently., observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent., stale whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts,. and prepare the accounts on the going concern basis unless it is inappropriate lo presume that the tharily will continue in operation. The Coun¢il of Management are responsible for keeping adequate accounting records that disclose wrth reasonable accuracy at any time Ihe financial position of the charity and enable them to ensure that the accounts comply with the Companies Acl 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. WYTHAM HALL LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF WYTHAM HALL LIMITED Oplnlon We have audited the financial statements of Wytham Hall Limited (the 'charity'l for the year ended 31 March 2022 which comprise the statement of financial aclivilies, the balance sheet and notes lo the financial stalemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdorn Accounting Slandaids, including Financial Reporting Standard 102 The Financial Reporting Standard appliGable in th& UK and RepubliG of Ireland Iuniled Kingdom Generally A￿epted A¢¢ounling Pra¢li¢el. In our opinion, the financi81 stalemenls.. give a true and fair view of the state of the charitable company's affairs as al 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year Ihen ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿,. and have been prepared in accordance with the reqU1￿MentS of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for Ihe audit or the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit eviden￿ we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going concem In auditing the financial stslemenls, we have concluded that the Council of Management's use of the going concern basis of 8c¢ounting in the preparation of the fin8n¢ial statements is appropriate. Based on the work we have performèd, we have not identified any material Ljncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial stalements are authorised for issue. Our responsibilities and the responsibilities of the Counal of Management with respect to going D)ncem are described in the relevant sections of this report. other infomiation The other information comprises the information included in the annual report other than the fina[￿la1 statements and our auditor's report thereon. The Council of Management are responsible for the other Informati(￿ contained within the annual report. Our opinion on the financial slalements does not cover the other information and. except lo the extent otherwise expli¢illy slated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or OLJr knowledge obtained in the course of the audit, or otherwise appears to be materially missiated. If we identify such material inconsistencies or apparenl material misstatements, we are required to determine whether this gives rise to a material misstatement in financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing lo report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, b8s&d on the work undertaken in the Course of our audit.. the information given in the Council of Management's report for the financial year for which the financial siatements are prepared, which includes the directors, report prepared for the purpDses of company law, is consistent with the financial statements., and the directors. report included within the Council of Managernenl's report has been prepared in accordance with applicable legal requirements. WYTHAM HALL LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF WYTHAM HALL LIMITED Matters on whlch wo are raqulred to roport by axcoptlon In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not identified material misslalements in the directors. report included within the Council of Managemenvs report. We have nothing lo report in respect of the following matters in relation to which the Companies Act 2006 requires us lo report lo you rf, in our opinion.. adequate accounting records have not beon kept, or retums adequate for our audit have not begn roceived from branches not visitad by us., or the financial statements are not in agreement with the accounting records and returns., or certain disclosures of trustees, remuneration spectfied by law are not made., or we have not received all the information and explanations we require for our audit., or the Council of Management were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small corNpanies' exerllptions in preparing the Council of Management's report and from the requirement lo prepare a strategic report. Responsibilities of Council of Management As explained more fully in the stslemenl of Council of Management's responsibilities, the Council of Management, who are also the directois of the charity lor the purpose of company law, a￿ ￿spOnSible for the preparation of the financial ststements and for being satisfied that thgy give a true and fair view, and for such intemal control as th8 Council of Management detemiine is necessary to enable the preparation ol financial statements that are free from material misstatement, whether due to fraLJd or error. In preparing the financial statements, the Council of Managemenl are responsible for assessing Ihe charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Council of Management either intend to liquidate the charitable company or to cease operations, or have no realistic allernalive bul to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from rnalerial misslalemenl, whether due lo fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delecl a material misslalemenl when il exists. Misstslemenls Can aris& frotn fraud or error and are ¢onsidered material if, individLJally or in the aggregate, they could reasonably be expe¢led lo influence the e¢onomi¢ de¢isions of users taken on the basis of these financial statements. Irregularities, including fraud, are instsnces of non-compliance with laws and regulations. We design procedures in linè with our r8sponsibiliti8s, outlinéd abové, to dètèct matèrial misstat8m8nts in rèspèct of irrègularitiès, including fraud. The extent to whi¢h our procedures are Capable of detecting irregularities, induding fraud, is detailed below. WYTHAM HALL LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF WYTHAM HALL LIMITED Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team collectively had the appropriate competen￿, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations., we identified the laws and regulations applicable to the Charity through discussions with Trustees and other management, and from our knowledge and experience of the nol-for-profit sector., we focused on specific laws and regulations which we considered may have a direct material effect on the financial stslemenls or the operations of the charity, including the Charities Act 2011, the CharitEs SORP, and dats piolection, anli-bribery, ernploymenl. environmentsl and health and safely legislation., we assessed the exlenl of ¢omplian¢e with the laws and regulations identified above through making enquiries of management and inspeding legal ¢orresponden¢e', and identified laws and règulations were communicated within the audit team regularfy and the team remained alert to InStan￿S of non-compliance throughout the audit. We assessed the susceplibilily of the Charity's financial statements lo material rnisstatemenl, induding obtaining an understanding of how fraud might occur, by.. making enquiries of the Trustees and management as to where they considered there was sUs￿ptibIlity lo fraud, their knowledge of actual, suspeded and alleged fraud., considering the internal controls in pla￿ to miligale risks of fraud and non-complian￿ with laws and regulations. To address the risk of fraud through management bias and override of Controls, we". performed analyti¢al pro￿dUreS to identify any unusual or unexpected relationships., tested journal entries to identify unusual transactions., • assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias,. and investigated the rationale behind signrficant or unusual transactions. In response lo the risk of irregularities and non-compliance Tmth laws and regulations, we designed procedures which included, bul were not limited lo.. agreeing financial slalement disclosures to underlwng supporting documentstion., reading the minutes of rneelings of the Coun¢il of Management., enquiring of management as to actual and potential litigation and claims., and reviewing corresponden￿ with HMRC, relevant regulators and the Charity's legal advisors. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit prO￿dureS required lo identify non-compliance with laws and regulations to enquiry of the Trustees and other management and the inspection of regulatory and legal correspondence, if any. Material misstalemenls that arise due to fraud can be harder to delecl than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities is available on the Financial Reporting Council's website al.. https'.11 www.frc.org.uklauditorsresponsibililies. This description forms part of our auditor's report. WYTHAM HALL LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF WYTHAM HALL LIMITED Use of our report This report is made solely lo the charitsble company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charilaLle company's rnembers those matters we are required to slate lo them in an auditor's report and for no other purpose. To the fullest exlenl permilled by law, we do not accept or assume responsibility lo anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. St•phon M8rodlth BA FCA DChA {S&nlor Statutory Audltor} for and on behalf of Alliotts LLP 31112023 Chartered Accountants Statutory Auditor Imperial House 8 Kean Street London WC2B 4AS 10- WYTHAM HALL LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Unrestricted Unrestricted Restricted funds funds funds Gon&ral D&$ignated Total 2022 Total 2021 Notes Donations and lègacies Charitable activities Othèr income 3,325 276,831 115,907 3,325 276,831 115,907 11,985 275,670 2,470 Total income 396,063 396,063 290,125 Charitable activities 274,473 25,198 22.539 322,210 323,924 Other 11 92,224 92,224 Total rasourc•s expèndèd 366,697 25,198 22,539 414,434 323,924 Net incominglloutgoingl resources before transfers 29,366 125,1981 122,5391 118,3711 133,7991 Gross transfers between funds {21,9901 21,990 Net incomellexpenditurel for the yearl Net movement in funds 7,376 13,2081 122.5391 118,3711 133,7991 Fund balances at 1 April 2021 180,194 26,447 450,618 657,259 691,058 Fund balances at 31 March 2022 187,570 23,239 428,079 638,888 657,259 The slalemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also ¢omplies with the requirements for an income and expendture a¢¢ount under the Companies Act 2006. WYTHAM HALL LIMITED BALANCE SHEET ASAT31 MARCH 2022 2022 2021 Notes Fixed assets Tangible assets Currènt assèts Debtors Cash al bank and in hand 13 431,318 457,065 14 16,925 211,705 10,104 202,394 228,630 212,498 Creditors- amounts falling due within one year 15 113,2601 112,3041 Nel current assets 215,370 200,194 Total assets less current liabilities 646,688 657,259 Income funds Reslricled funds Unrestricted funds- Designated Unreslricled funds- General 17 18 428,079 23,239 187,570 450,618 26,447 180,194 646,688 657,259 2311212022 The accounts were approved by the Council Of Management on ......................... P Barry MBA, FCCA, Dip.M, MBCS, FIOD Trustee Dr P Reid BA, MB, BS, MRCP, DRCOG Trustee Company Registration No. 01777775 Charity Registration No. 289328 12- WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollcles Charlty Informatlon Wytham Hall Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 117 Sutherland Avenue, London, W9 2QJ. 1.1 Accounting convention The financial slalements have been prepared in accordance with the charity's memorandum and articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Ststemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191.. The charity is a Publi¢ Benefit Enlily as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not lo prepare a Stalement of Cash Flows. The financial statements are prepared in stetling, which is the functional currency of the charty. Monetary amounts in these financial statements are rounded to the nearest £. The financial ststemenls have been prepared under th& historical cost convention. The principal a￿OUntIng policies adoptèd arè set out bèlow. 1.2 Going concern At the time of approving the financial statements, the Council of Management have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable futtjre. Thus the Council of Management continue lo adopt the going con￿rn basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestrictèd funds are availablè for us8 at thè discrètion of th8 Council of Managamant in furth8rance of thèir charitable objectives. Restricted funds are subject lo specific conditions by donors as to how they may be used. The purwses and uses of the restricted funds are sel out in the notes to the financial statements. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be re￿ived. Cash donations are recognised on re￿ipl. Other donations are recognised On￿ the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised al the lime of the donation. Grant in¢om$ is re¢ognised on re¢8iPt or otherwise if tho charity has bogn notifigd of an impending distribution, the amount is known, and re￿ipt is expe¢led. Incoming resources are the amounts derived from the provision of charitable services, and stated after applicable discounts. WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accounting policies (Continued) 1.5 Expenditure Resources expended are 8c¢ounted for an 8¢cru81s basis. Certain expsnditure Is 8llocaled and apportioned between ¢osls of generating funds and charitsble expenditure by allo&•ling costs on a fair basis, based on a specific review of the expenditure incurred. Cost of generating funds comprises costs which are associated with raising funds from all the possible sources of incoming resources. Support cosls comprise costs for the Iraining of staff, and have been allocated to sheltered accommodation in line with the nature of the training. Governance costs comprise costs incurred in connection with administration of the charity and Complian￿ and constitutional and statutory requirements. Salary costs have been allocated on the basis of time engaged in each area of activity. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequendy measured al cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Freehold land and buildings Leasehold land and buildings Electrical appliances Fixtures and fittings Fifty years slr8ight line Fity years straight line Four years straight line Four years straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impairnient of fixed assets At ea¢h reporting end date, the Charity reviews the Carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss lif any). 1.8 Cash and cash equivalents Cash and c8sh equivalents include cash in hand, deposits held al Call with banks, other short-lerm liquid investments with original maturities of three months or less, and bank overdrafts. 1.9 Financial instruments A financial instrument is a ¢ontract that gives rise to a finan¢ial asset of one entity and a financial liability or equity instrument of another entity. The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'other Financial Instruments Issues, of FRS 102 to all of ils financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the ¢onlractual provisions of the inslrumenl. Finanoial ass&ts and liabilities ar& offset, with the nel amounts prtrsenled in the finan¢ial statements, when there is a legally enforceable right to sel off the re¢ognised amoLJnts and there is an intention lo sellle on a net basis or to realise the asset and setue the liability simultaneously. 14- WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accounting policies (Continued) Basic financial assets Basic financial assets, which include debtors and ¢ash and bank bal8n¢es, 8re ini118lly me8sured at transaction price including transaction Costs and are subsequently carried at amortised Cost using the effective interest method Ljnless the arrangement ¢onstitutes a financing transa¢tion, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial Ilabllitles Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing Iransaclion, where the debt instrument is measured at the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year are not arnortised. Debt instruments are subsequently ¢arried al amortised Cost, using the effective Inte￿$1 r8le method. Trad& creditors are obligations lo pay for goods or servi¢trs that have been acquired in the ordinary ¢ourse of operations from suppliers. AmoLJnts payable are ¢lassified as current liabilities if payment is due within one year or less. If not, they are presented as non-¢urrent liabilities. Trade creditors are recognised initially at transaction price and subsequenuy measured at amortised cost using the effective interest method. Derecognitlon of financial Ilabllities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employoa benefits The cost of any unused holiday enliuemenl is recognised in the period in which the employee's services are received. Termination bentrfils are re¢ognisgd immediately as an expense when the charity is demonstrably ¢ommilled lo temiinate the employment of an employge or lo provide termination benefits. 1.11 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 1.12 Fund The operating reserves are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objects of the charity and which have not been designated for other purposes. The capital reserve represents the net book value of freehold and leasehold land and buildings held by the charity. 1.13 Government job retention scheme Government grants are ￿Cognised al the fair value of the asset receiv*J or receivable when there is reasonable assurance that the grant conditions wll be met and the grants will be received. A grant that specifies perfomian¢e ¢onditions is re¢ognised in in¢ome when the performance Conditions are met. Where a grant does not specify performance ¢onditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a During the year the charity ulilised the government coronavirus job retention scheme lo support wage costs. WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Crltlcal accountlng estlmatos and Judgements In thé application of the ¢harity's accounting policiés, the Coun¢il of Managèmènt are requiréd lo make jLJdgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other SoUr￿s. The estimates and associated assumptions are based on historical experience and olher factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects C￿lY that period, or in the period of the revision and future periods where the revision affects both current and future periods. Critical judgements Tangible fixed assets Tangible fixed assets are recorded al cost less accumulated depreciation and impairment losses. Judgement is required lo determine whether there are indicators of impairment of the company's property, plant and equipmsnt. Factors taken into consideration in reaching such a decision include the economic viabilty and expected future financial performance of the assets. Key sources of estimation uncertainty Tangible fixed assets Tangible fixed 8ssels are depreciated over their useful lives taking into 8¢counl residual v81ues, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary dèpending on a nLJmb8r of factors. In re-assèssing asset livas, factors such as tèchnological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market condilions, the remaining life of the asset and projected distK)sal values. Impalmiènt of dèbtor balancès The charitable company makes an estimate of the recoverable value of trade and other debtors. When assessing irllpairmenl managerllent considers factors including the ageing profile of amount due and historical experience. Donations and legacies Unrestricted nds Total 2022 Total 2021 Donations 8nd gifts 3,325 3,325 11,985 For the year ended 31 March 2021 11,985 11,985 16- WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Charltabl8 actlvltlas Supported hou8lng Total 2022 Totsl 2021 Income from charitsble activities Grants received 212,135 64,696 212,135 64,696 210,974 64,696 276,831 276,831 275,670 Analysi5 by fund Unrestricled funds- general 276,831 276,831 For the year ended 31 March 2021 Unrestricled funds- general 275,670 275,670 275,670 275,670 Other income Unrestricted Unrestricted funds funds general general 2022 2021 Insurance incorne Government job retention s¢heme grant 112,591 3,316 2,470 17- WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Charltabl8 actlvltlas Supported housing 2022 2021 Staff cosis Other costs 168,037 94,708 168,037 94,708 159,922 90,269 262,745 262,745 2SO,191 Share of support costs (see note 71 Share of govemance costs (see note 71 47,737 11,728 47,737 11,728 3,504 10,229 322,210 322,210 323,924 Analysis by fund Unrestricted funds- general Unrèstricted funds- Designated Restricted funds 274,473 25,198 22,539 274,473 25,198 22,539 322,210 322,210 For the year ended 31 Mar¢h 2021 Unrestricted funds- general Unrestricted funds- Designated Reslricled funds 268,036 33,349 22,539 268,036 33,349 22,539 323,924 323,924 Support Costs Support Govornanca costs costs 2022 Support Gov8rnanc• costs costs 2021 staff costs Depreciation Repairs and mainlenance 3,928 3,928 26,717 3,629 3,629 27,056 26,717 27,056 21,020 21,020 36,448 36,448 Audit fees 7,800 7,800 6,600 6,600 47,737 11,728 59,465 63,504 10,229 73,733 Analysed between Charitable activities 47,737 11,728 59,465 63,504 10,229 73,733 18- WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Audltorfs ramunoratlon The analysis of auditovs rèmunèration is as follows.. Fees payable to the charity's auditors: 2022 2021 Audit of the annual accounts 7,800 6,600 Council Of Management EX￿pt as detailed in note 21, none of the Council of Management lor any persons connected with them) received any remuneration or benefits from the charity during the year. 10 Employees The average monthly number of employees during the year was-. 2022 Number 2021 Number Employment Costs 2022 2021 Wages and salaries Social security costs Other pension costs 147,760 14,140 10,065 144,918 9,137 9,496 171,965 163,551 There were no employees whose annual remuneration was more than £60,000. 11 Other Unrestrlctad funds g¢neral 2022 Total 2021 Flood expenses 92,224 During the year the building on Sutherland Avenue suffered flood damage. Costs incurred to repair the property are included above. An insurance claim was made which covered the costs in full. 12 Taxation No provision for taxation arisgs on the income of the charitablg company due to its charitable ststus. 19- WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 13 Tanglble fixed assats Freehold land and bulldlngs Loasehold land and bulldlngs Electrlcal Flxtures and appll8nc68 flttlng8 Totsl Cost Al 1 April 2021 AdditlDns 919,284 207,656 42,306 71,069 970 1,240,315 970 Al 31 March 2022 919,284 207,656 42,306 72,039 1,241,285 DeprÈeiation and impaimitrnt Al 1 April 2021 Depreciation Charged in the year 577,792 18,386 98,530 4,153 39,797 2,035 67,131 2,143 783,250 26,717 Al 31 March 2022 596,178 102,683 41,832 69,274 809,967 Carrying amount Al 31 March 2022 323,106 104,973 474 2,765 431,318 Al 31 March 2021 341,492 109,126 2,509 3,938 457,065 Freehold land and buildings comprise two properties.. 117 Sutherland Avenue and 40 Lanhill Road. On 24 December 1985, the Charitable Company 8¢quired the freehold interest in the land and buildings of 117 Suthedand Avenue, London W9, which it previously held on lease. Consideration paid (inclusive of costs) for th8 property amounted to £238,806. The unamortisèd amount on thè Èxtinguished 18asè amounting to £1 C>,800 was added to the cost. 40 Lanhill Road, London W9, has been included in freehold land and buildings at its cost of £392,791 and all other additions and improvements subsequent to March 1994 have also been included at cost. Leasehold land and buildings comprises two properties.. 11 Charfield Court was purchased in May 1996 and is included in leasehold land and buildings al cost of £75,000 plus additions and improvements. 7 Charfield Court was purchased in August 1997 and is includèd in lèasahold land and buildings at its cost of £97,000 plus additions and improvements. 14 Debtors 2022 2021 Amounts falling due within one year: Trade debtors Prepayments and accrued income 12,516 4,409 9,732 372 16,925 10,104 -20- WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 15 Credltors: amounts falllng dua wlthln ono yoar 2022 2021 Trade creditors Accruals and deferred income 4,160 9,100 2,551 9,753 13,260 12,304 16 Retirement benefit s¢hemes The charity operates a defined contribution pension scheme for all qualifying ernployees. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The charge lo SOFA in respect of defined contribution schemes was £10,06512021- £9,496). 17 Restrlcted funds The income funds of the charity include reslricled funds comprising the following unexpended balanc*s of donations and grants held on trust for sp&¢ific purposes.. Balance at 1 April 2020 Outgoing resource5 BalanGe at 1 April 2021 Outgoing BalanGe a¢ resources 31 March 2022 Capital reserve 473,157 122,5391 450,618 122,5391 428,079 Capitsl reserve This matches the nel book value of the freehold and leasehold land and buildings al the financial year end acquired from reslricled funds. 21 WYTHAM HALL LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 18 Doslgnatad funds Th8 income funds of the ¢harity in¢lud8 thè following designated funds which have been sel aside out of unrestricted funds by the trustees for spe¢ifi¢ purposes.. Movement in funds Balance at 1 April 2020 Incoming resources Outgoing resources Balance at 1 April 2021 Oulgoing resources Transfers Balance at 31 March 2022 Cyclical maintenance reserve Fixed asset resetve 11,394 37,438 128,8321 20,000 121,0201 21,020 20,000 10,964 14,5171 6,447 14,1781 970 3,239 22,358 37,438 133.3491 26,447 125,1981 21,990 23,239 Cyclical maintènancè rèsèrvè A cyclical Maintenan￿ reserve has been set up in respect of the external repairs and mainlenance of 117 Sutherland Ave, 40 Lanhill Road and 11 Charfield Court. During the year a transfer has been made from the unrestricted general reserve to cover future expected maintenance and refurbishment costs. Flxèd a$$et reserve This matches the net book value of the fixed assets at the financial year end excluding the freehold and leasehold properties. 19 Analysis of nat assets ￿tWeen funds Unrestricted Designated funds funds Restricted funds Total Fund balan￿S at 31 March 2022 are represented by.. Tangible assets Current assetsllliabilitiesl 3,239 20,000 428,079 431,318 215,368 195,368 195,368 23,239 428,079 646,686 20 Related party transactions One member of Council pays 8 service charge and provides m8n8gerial 8nd out of hours cover in return for 8¢¢ommodation at 117 Sutherland Avenue. These transactions have been approved by the Council ol Management. There were no other related paty transactions in the year. -22- ## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF WYTHAM HALL LIMITED** ## **Opinion** We have audited the financial statements of Wytham Hall Limited (the ‘charity’) for the year ended 31 March 2022 which comprise the statement of financial activities, the balance sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 _The Financial Repoding Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the _Auditor’s responsibilities for the audit ol the financial statements_ section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** In auditing the financial statements, we have concluded that the Council of Management's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Council of Management with respect to going concern are described in the relevant sections of this report. ## **Other information** The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Council of Management are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Opinions on other matters prescribed by the Companies Act 2006** In our opinion, based on the work undertaken in the course of our audit: - the information given in the Council of Management's report for the financial year for which the financial statements are prepared, which includes the directors’ report prepared for the purposes of company law, is consistent with the financial statements; and - the directors' report included within the Council of Management’s report has been prepared in accordance with applicable legal requirements. ## **Matters on which we are required to report by exception** In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the Council of Management’s report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit; or - - the Council of Management were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the Council of Management's report and from the requirement to prepare a strategic report. ## **Responsibilities of Council of Management** As explained more fully in the statement of Council of Management’s responsibilities, the Council of Management, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Council of Management determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Council of Management are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Council of Management either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. ## **Auditor's responsibilities for the audit of the financial statements** Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: • the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations; - we identified the laws and regulations applicable to the Charity through discussions with Trustees and other management, and from our knowledge and experience of the not-forprofit sector; - we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the charity, including the Charities Act 2011, the Charities SORP, and data protection, anti-bribery, employment, environmental and health and safety legislation; - we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and - identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the Charity’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by: - making enquiries of the Trustees and management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; - considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we: - performed analytical procedures to identify any unusual or unexpected relationships; - tested journal entries to identify unusual transactions; - assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and - investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: - agreeing financial statement disclosures to underlying supporting documentation; - reading the minutes of meetings of the Council of Management; - enquiring of management as to actual and potential litigation and claims; and - reviewing correspondence with HMRC, relevant regulators and the Charity’s legal advisors. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the Trustees and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibiIities. This description forms part of our auditor’s report. ## Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitade company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed. Stephen Meredith BA FCA DChA **(Senior Statutory Auditor)** 3/1/2023 **for and on behalf** of Alliotts LLP **Chartered Accountants** Statutory Auditor Imperial House 8 Kean Street London WC2B 4AS