2023-04-30-accounts

			Page
Trustee's	report		1-6
Statement	oftrustee's	responsibilities
Independent auditor's		report	8-10
Statement	offinancial	activities
Balance sheet
Statement	ofcash flows		13
Notes to	the financial	statements	14-25

Trustees			Dr A Gill				(Appointed	1 May 2023)
			Ms AWalker
			Mr P Brown
			Mr K Plank
			Mrs P H Madeiros
			Mrs JAdkins
			Mr S G White
Secretary			Mr PJ Brown
Charity	number		297937
Company		number	2180488
Registered		office	Green Pastures		Christian	Nursing	Home
			Bath Road
			Banbury
			Oxfordshire
			OX16 0TT
Auditor			Ellacotts Audit Services			Limited
			Countrywide	House
			23West Bar
			Banbury
			Oxfordshire
			England
			OX16 9SA
Bankers			Clydesdale	Bank
			137New Street
			Birmingham
			B24JQ

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2023	2023	2023	2022	2022	2022
		Notes	f	f			f	6
Income from:
Donations and	legacies		19,063	16,316	35,379	16,423	88,998	105,421
Charitable activities			4,695,616		4,695,616	3,894,747	1,614	3,896,361
Investments			2,136		2,136
Total income			4,716,815	16,316	4,733,131	3,911,170	90,612	4,001,782
Charitable activities		5	4,396,200	22,712	4,418,912	3,504,959	85,088	3,590,047
Net income/(expenditure)		and
movement in funds			320,615	(6,396)	314,219	406,211	5,524	411,735
Reconciliation	offunds:
Fund balances	at 1 May 2022		5,251,192	6,396	5,257,588	4,844,981	872	4,845,853
Fund balances at 30April
2023			5,571,807		5,571,807	5,251,192	6,396	5,257,588

						2023		2022
					Notes	f		8
Fixed assets
Tangible assets					10	7,819,447			7,962,793
Current assets
Stocks					11	2,507		2,293
Debtors					12	173,464		179,181
Cash at bank and in		hand				356,922		359,155
						532,893		540,629
Creditors:	amounts	falling		due within	14
one year						344,033		3,245,834
Net current	assets/(liabilities)						188,860		(2,705,205)
Total assets less current				liabilities		8,008,307			5,257,588
Creditors:	amounts	falling due after
more than	one year				15	(2,436,500)
Net assets						5,571,807			5,257,588
The funds	ofthe charitable company
Restricted	income funds				18				6,396
Unrestricted	funds					5,571,807			5,251,192
						5,571,807			5,257,588
The financial statements			were approved		by the trustees	on .2Is.(.....kP?3

				2023		2022
			Notes
Cash flows from operating		activities
Cash generated from operations			23		566,374		654,118
Investing	activities
Purchase	oftangible fixed assets			(70,743)		(58,866)
Investment	income received			2,136
Net cash	used in investing	activities			(68,607)		(58,866)
Financing	activities
Repayment	ofbank loans			(500,000)		(787,979)
Net cash	used in financing	activities			(500,000)		(787,979)
Net decrease in cash and		cash equivalents			(2,233)		(192,727)
Cash and	cash equivalents	at beginning	ofyear		359,155		551,882
Cash and	cash equivalents	at end of	year		356,922		359,155

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023	2023	2023	2022	2022	2022
		f	f		6
Donations	and gifts	19,063	3,206	22,269	13,483	6,386	19,869
Fundraising	and grants		13,110	13,110	2,940	82,612	85,552
		19,063	16,316	35,379	16,423	88,998	105,421

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2023	2023	2023	2022	2022	2022
		6	6				f
Nostalgia	Cafe takings
Incoming	resources					1,614	1,614
Direct care of elderly residents
Incoming	resources	4,695,616		4,695,616	3,894,747		3,894,747
		4,695,616		4,695,616	3,894,747	1,614	3,896,361

Unrestricted	Unrestdcted
funds	funds
2023	2022
6	f
2,136

						Nursing and	Nursing and
						direct care	direct care
						of elderly	ofelderly
						residents	residents
						2023f	2022
Direct costs
Staffcosts						2,788,477	2,103,441
Other direct		charitable		expenditure		342,341	437,136
						3,130,818	2,540,577
Share ofsupport			and	governance	costs (see note 6)
Support						1,263,114	1,022,653
Governance						24,980	26,817
						4,418,912	3,590,047
Analysis	by	fund
Unrestricted		funds				4,396,200	3,504,959
Restricted	funds					22,712	85,088
						4,418,912	3,590,047

Support cos	ts	allocated to activities
			2023f	2022f
Staff costs			439,986	400,900
Depreciation			214,090	241,364
Recruitment			38,540	6,831
Staff uniforms			5,723	5,291
Rates and water			18,478	16,928
Insurance			20,106	19,438
Light and heat			138,357	50,217
Repairs and	maintenance		105,239	61,471
Postage and	stationery		13,637	13,050
Telephone			7,408	7,351
Entertainment			15,381	5,981
Other charitable		expenditure	246,169	193,831
Governance	costs		24,980	26,817
			1,288,094	1,049,470
Analysed between:
Nursing and	direct care of elderly residents		1,288,094	1,049,470
Governance	costs comprise:		2023f	2022
Audit fees			12,018	9,811
Legal and professional			12,962	17,006
			24,980	26,817

The ave	rage monthly number of employees during	the year has been tabled below.
		2023	2022
		Number	Number
Trained	staff	13	13
Care assistants		68	55
Support	staff	13	19
Total		94

Employees			(Continued)
Employment	costs	2023f	2022 f
Wages and salaries		2,311,001	1,769,514
Agency costs		653,280	531,868
Social security	costs	203,581	155,887
Other pension	costs	60,601	47,072
		3,228,463	2,504,341

2023	2022
Number	Number

Tangible fixed assets
		Land and	Fixtures,	Total
		buildings	fittings and
			ertulpment
			F
Cost
At 1 May 2022		8,032,479	647,010	8,679,489
Additions			70,743	70,743
At 30 April 2023		8,032,479	717,753	8,750,232
Depreciation and impairment
At 1 May 2022		208,500	508,196	716,696
Depreciation charged	in the year	139,062	75,027	214,089
At 30April 2023		347,562	583,223	930,785
Carrying amount At 30April 2023		7,684,917	134,530	7,819,447
At 30Apnl 2022		7,823,979	138,814	7,962,793

14	Creditors: amounts		falling	falling	due within one year
								2023	2022
							Notes		6
	Bank loans						13	63,500	3,000,000
	Other taxation and social			security				56,404	41,363
	Government grants						16		13,110
	Trade creditors							49,447	100,412
	Other creditors							2,848	6,844
	Accruals and deferred		income					171,834	84,105
								344,033	3,245,834
15	Creditors: amounts		failing		due after more than one	year
							Notes	2023	2022f
	Bankloans						13	2,436,500
16	Government grants
	Deferred income is included				in the financial statements	as follows:
								2023	2022
								6
	Deferred income is included				within:
	Current liabilities								13,110
	Movements in the year:
	Deferred income at	1	May 2022					13,110
	Released from previous			periods				(13,110)
	Resources deferred	in ihe year							13,110
	Deferred income at	30April			2023				13,110

				At 1 May 2022	Incoming	Resources	At 30April
					resourcesf	expended	2023
Nostalgia	Cafe			10		(10)
Infection	Control Grant				13,110	(13,110)
Minibus	Fund			6,386	3,206	(9,592)
				6,396	16,316	(22,712)
Previous	year:			At 1 Iillay 2021	Incoming	Resources	At 30April
					resources	expended	2022
					6	6
Nostalgia	Cafe			872	1,614	(2,476)	10
Infection	Control Grant				76,915	(76,915)
Workforce Recruitment		and Retention	Grant		5,697	(5,697)
Minibus	Fund				6,386		6,386
				872	90,612	(85,088)	6,396

22	Analysis ofchanges	in net (debt)/funds
						At 1 May 2022	Cash flows	At 30April 2023
							6	6
	Cash at bank and in hand					359,155	(2,233)	356,922
	Loans falling due within	one year				(3,000,000)	2,936,500	(63,500)
	Loans falling due after	more than one year					(2,436,500)	(2,436,500)
						(2,640,845)	497,767	(2,143,078)
23	Cash generated from	operations					2023f	2022 6
	Surplus for the year						314,218	411,736
	Adjustments for:
	Investment income recognised in statement			offinancial	activities		(2,136)
	Depreciation and impairment oftangible		fixed assets				214,090	241,364
	Movements in working	capital:
	(Increase) in stocks						(214)	(1,415)
	Decrease/(increase) in	debtors					5,717	(74,806)
	Increase in creditors						47,809	93,248
	(Decrease) in deferred	income					(13,110)	(16,009)
	Cash generated from	operations					566,374	654,118