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||||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|
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|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||||||
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||||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|
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|||||||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||||
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|||||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|
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|||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|
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|||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|
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|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|
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|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||
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|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|
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|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|
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|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|
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|||||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|
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|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|