2022-03-31-accounts - St Luke's Oxford

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Reference and administrative details ofthe Company,	Its Members ofthe Council
and advisers
Foreword from Chairman
Message from Chief Execudve
Members ofthe Council's report
Independent auditor's report on the financial statements
Statement ofgnanclal activities
Balance sheet
Statement ofcash flows
Notes to the financial statements

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITSMEMBERS OF THE COUNCIL	REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITSMEMBERS OF THE COUNCIL	REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITSMEMBERS OF THE COUNCIL	REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITSMEMBERS OF THE COUNCIL	REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITSMEMBERS OF THE COUNCIL	REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITSMEMBERS OF THE COUNCIL
				AND ADVISERS
		FOR THE YEAR ENDED 31 MARCH 2022
Members	ofthe Council	Mr L A Ponsonby",		Chairman
		Mr G P Candy'
		Lady J Norman
		Or H Van Oss
		Mr R Mann
		Mr MJWilkinson*
		Mr P D Surge
		Ms TWelford
' member	ofthe Finance	Committee
Company	registered
number		01989868
Charity registered
number		293522
Registered	oNce	4 Latimer Road
		Headington
		Oxford
		OX3 TPF
Non - executive officers		SirTimothy Stevenson,			OBE, President
		Earl ofDonoughmore,			Vice President
		Mrs S BSHomersham,			Vice President
		Lady McLintock,	Vice President
Key management		Mr R L Burden,	Chief Executive Officer
personnel		Mrs VWaine, Matron
		Mr A Mebrahtu,	Finance Manager and Company Secretary
Independent auditor		James Cowper	Kreston
		Chartered Accountants			and Statutory Auditor
		2 Chawley Park
		Cumnor Hill
		Oxford
		Oxfordshire
		OX2 9GG
Bankers		Lloyds Bank Pic
		PO Box8
		1-5High Street
		Oxford
		OX14AA
		HSBC Bank Pic
		2nd Floor
		Seacourt
		West Way
		Botley
		Oxford
		OX2 OPL

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2022	2022	2022	2021
			Note	6		E	6
Income from:
Donations and legacies				27,976	68,000	95,976	$5,937
Charitable activities:
Patient fees				3,545,909		3,545,909	3,061,090
Rental income				127,$83		127,883	9$,145
Coffee shop				35,253		35,253	14,70$
Investments				239		239	4,354
Other income				14,366	86,477	100,843	221,224
Total income				3,751,626	154,477	3906103	3485 45$
Expenditure on:
Charitable activities				3,630,417	98,338	3,728,755	3,742,031
Total expenditure				3,630,417	9$,338	3,728,755	3,742,031
Net income/(expenditure)		before net
gains on investments				121,209	56,139	177,348	(256,573)
Net gains on investments							30,190
Net movement in funds				121,209	56,139	177,348	(226,363)
Reconciliation offunds:
Total funds brought	forward			7,584,730		'7,584,730	7,611,113
Net movement in funds				121,209	56,139	177,34$	(226,383)
Total funds carried	forward			7,705,939	56,139	7,762,078	7,584,730

			BALANCE SHEET	BALANCE SHEET
			AS AT 31 MARCH 2022
					2022		2021
			Note		6		E
Fixed assets
Tangible assets					10,211,127		10,403,204
Current assets
Stocks			12	11,600		11,600
Debtors			13	208,922		113,486
Cash at bank and	in	hand		773,934		604,510
				994,456		729,596
Creditors: amounts		falling due within one
year			14	(606,668)		(551,672)
Net current assets					387,788		177,924
Total assets less	current liabilities				10,598,915		10,581,128
Creditors; amounts		falling due after more
than one year			15		(2,836,837)		(2,996,398)
Total net assets					7,762,078		7,584,730
Charity funds
Restricted funds			16		56,139
Unrestricted funds
General funds			16	5,973,137		5,815,828
Revaluation reserve			16	1,732,802		1,768,902
Total unrestricted	funds		16		7,705,939		7,584,730
Total funds					7,762,078		7,584,730

		STATEMENT OF CASH FLOWS	STATEMENT OF CASH FLOWS
	FOR THE YEAR ENDED 31 MARCH			2022
					2022	2021
				Note	6	5
Cash flows from operating	activities
Net cash used in operating	activities			19	390,258	92,269
Cash flows from investing	activities
Investment income					239	4,354
Withdrawal from listed investments						483,253
Net cash provided by investing activities					239	487,607
Cash flows from financing	activities
Interest paid					(75,783)	(75,706)
Repayments ofborrowlngs					(145,290)	(138,602)
Net cash used in financing	activities				(221,073)	(214,308)
Change in cash and cash	equivalents	in	the year		169,424	365,568
Cash and cash equivalents	at the beginning		ofthe year		604,510	238,942
Cash and cash equivalents	atthe end	of	the year	20	773,934	604,510
The notes on pages 18to 31form part ofthese financial statements

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2022	2022	2022	2021
		8	8	E	E
Other Income		5,484		5,484	40,390
Covid-1 9job retention scheme grant		8,882		8,882	122,905
Infection control grant			85,234	85,234	43,943
TVWD partnership	grant		1,243	1,243	1,800
Google grant					12,186
		14,366	66,477	100,843	221,224
Total 2021		163,295	57,929	221,224

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022f	2022 8	2022 6	2021 2
Patient services end facility		costs	3,154,974	98,338	3,253,312	3,229,970
Managing and administration governance)		costs (Induding	475,443		475,443	512,061
			3,630,417	98,338	3,728,755	3,742,031
Total2021			3,684,102	57,929	3,742,031
Summary	by expenditure	type

					Total	Total
		Staffcosts	Depreciation	Other costs	funds	funds
		2022 6	2022 6	2022 6	2022 f	2021 f
Patient services costs	and fadlity	2,189,597	192,077	871,638	3,253,312	3,229,970
Managing and administration costs (including governance)		314,466		160,977	475,443	512,061
		2,504,063	192,077	1,032,615	3,728,755	3,742,031
Total2021		2,545,602	192,077	1,004,352	3,742,031

							2022		2021
							8		6
Nursing services							1,980,703	1,995,115
Medical supplies							43,365		108,341
Non clinical services		including		catering and domestic			709,113	628,251
Premises and	plant						300,107	278,199
Coffee shop							27,947		27,987
Depreciation							192,077		192,077
							3,253,312	3,229,970
Managing and administration				costs (including		governance)
							2022		2021
							6		6
Salaries							259,727	285,688
Finance costs	- other						2,193		2,146
Interest payable							75,783		75,706
Insurance							39,001		40,132
Office and administration			costs				91,173		90,949
Governance							7,566		17,440
							475,443	512,061
Auditor's remuneration
The auditor's remuneration amounts financial statements of82,700 (2021					to an auditor -62,550).	fee ofE6,300 (2021 - E5,950), and preparation			of the
Staffcosts
							2022		2021
							E		6
Wages and salaries							2,247,658	2,279,015
Social security	costs						202,003	203,882
Pension costs							54,402		62,705
							2,504,063	2,545,602

The aver	age n	umber of per	sons emp	loy	ed by t	he Compa	ny duriing t	he year wa	s as follows:	s as follows:
									2022		2021
										No.	No.
Patient services and facility			costs							81	64
Managing	and	administration	(induding		governance)					6	6
											90
The number		of employees	whose	employee		benefits	(excluding	employer	pension	costs)	exceeded
660,000	was;

Stocks
	2022	2021
	6	6
Food and provisions	7,000	7,000
Domestic items	4,600	4,600
	11,600	11,600

13.	Debtors
				2022	2021
				6	E
	Trade debtors			198,796	108,064
	Other debtors			6,818	610
	Prepayments	and accrued Income		3@08	4,812
				208,922	113,486
14.	Creditors: Amounts		faglng due within one year
				2022	2021
				6	2
	Bank loans			179,271	165,000
	Trade creditors			15,776	43,264
	Other taxation	and social security		48,539	49,675
	Other creditors			102,522	127,727
	Accruals and	defened	income	260,560	166,006
				606,668	551,672

Creditors: Amounts
	2022	2021
	6	6
Bank loans	2,836,837	2,996,398
The bank loan is secured against the property at 4 Latimer Road, Headlngton,	OX37PF.

					Balance at
		Balance at 1			31 Nlarch
		April 2021 6	Income 6	Expenditure 5	2022 6
Unrestricted funds
General funds		5,815,828	3,751,626	(3,594,317)	5,973,137
Revaluation reserve		1,768,902		(36,100)	1,732,802
		7,584,730	3,751,626	(3,630,417)	7,705,939
Restricted funds
Infection control grant			85,234	(85,234)
TVWD partnership	grant		1,243	(1,243)
Development fund			68,000	(11,861)	56,139
			154,477	(98,338)	56,139
Total offunds		7,584,730	3,906,103	(3,728,755)	7,762,078

							Balance at
		Balance at			Transfers	Gains/	31 March
		1 Apr8 2020f	Income 6	Expenditure f	in/out 6	(Losses) 8	2021 6
Unrestricted
funds
General funds		5,914.198	3,427,529	(3,684,102)	128,013	30,190	5,815,828
Revaluation mserve		1,805,002			(36,100)		1,768,902
		7,719,200	3,427,529	(3,684,102)	91,913	30,190	7,584.730
Restricted
funds
Building project		91,913			(91,913)
Google grant			12,186	(12,186)
Infection control
grant			43,943	(43,943)
TVWD
partnership	grant		1,800	(1,800)
		91,913	57,929	(57,929)	(91.913)
Total offunds		7,811,113	3,485,458	(3,742,031)		30,190	7,584,730

Summary offunds -current y	ear
				Balance at
	Balance at 1			31March
	April 2021f	Income 6	Expenditure 6	2022 6
General funds	7,584,730	3,751,626	(3,630,417)	7,705,939
Restricted funds		154,477	(98,338)	56,139
	7,584,730	3,906,103	(3,728,755)	7,762,078

	Balance at 1 April 2020 8	Income 8	Expenditure f	Transfers in/out 8	Gains/ (Losses)f	Balance at 31 March 2021 8
General funds	7,719,200	3,427,529	(3,684,102)	91,913	30,190	7,584,730
Restricted funds	91,913	57,929	(57,929)	(91,913)
	7,811,113	3,485,458	(3,742,031)		30,190	7,584,730

Analysis ofnet assets between funds -current year
	Unrestricted	Restricted	Total
	funds	funds	funds
	2022	2022	2022
	8	6	8
Tangible fixed assets	10,211,127		10,211,127
Current assets	938,317	56,139	994,456
Creditors due within one year	(606,668)		(606,668)
Creditors due in more than one year	(2,836,837)		(2,838,837)
Total	7,705,939	56,139	7,762,078
Analysis ofnet assets between funds -prior year
		Unrestricted	Total
		funds	funds
		2021	2021
		8	5
Tangible fixed assets		10,403,204	10,403,204
Current assets		729,596	729,596
Creditors due within one year		(551,672)	(551,672)
Creditors due in more than one year		(2,996,398)	(2,996,398)
Total		7,584,730	7,584,730

19.	Reconciliation of	ne	t	mo	vement	in fun	ds to	net	cash flow	from operating	activities
											2022	2021
											6	6
	Net income/expenditure Activities)				for the	year	(as	per	Statement	of Financial	177,348	(226,383)
	Adjustments for:
	Depreciation charges										192,077	192,078
	Investment income										(239)	(4,354)
	Gains on investments											(30,190)
	Interest paid										75,783	75,706
	Decrease/(increase)		in	debtors							(95,436)	49,805
	Increase in creditors										40,725	41,366
	Other movements	in	investments									(5,759)
	Net cash provldcd		by	operating		activities					390,258	92,269
20.	Analysis ofcash	and		cash equivalents
											2022 6	2021f
	Cash in hand										773,934	604,510
	Total cash and cash			equivalents							773,934	604,510
21.	Analysis ofchanges			In	net debt
										At 1 April		At 31 March
										2021	Cash flows	2022
											6	6
	Cash at bank and	in hand								604,510	169,424	773,934
	Debt due within 1	year								(165,000)	(14,271)	(179,271)
	Debt due after 1year									(2,996,398)	159,561	(2,836,837)
										(2g56,888)	314,714	(2,242,174)