2022-03-31-accounts - Nutley Hall

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Reference and Administrative	Reference and Administrative
Strategic Report		2to5
Trustees' Report		6 to 9
Statement ofTrustees'	Responsibilities	10
Independent Auditors'	Report	11to 14
Statement ofFinancial	Activities	15to 16
Balance Sheet		17
Statement ofCash Flows		18
Notes to the Financial	Statements	19to 34

				Nntley Hall
			Reference and Administrative			Details
Chief Executive Officer			RLevy
Trustees			H Compson
			P Blok
			M Albath
			H Dow
			IWalker
			G Bridge
			R Levy
			YDellsperger
Secretary			H Compson
Principal	Office		Nutley Hall
			Nutley
			Uckfield
			East Sussex
			TN22 3NJ
			The charity	is incorporated	in England		and Wales.
Company	Registration	Number	868461
Charity Registration		Number	307023
Bankers			Barclays Bank pic
			The Old Bank
			High Street
			Lewes
			East Sussex
Auditor			Manningtous
			Statutory auditor
			39High Street
			Battle
			East Sussex
			TN33 OEE

			Losses)
						Total
			Note	Unrestricted	Restricted	2022f
Income and Endowments		from:
Donations and Grants				111,472		111,472
Charitable activities				1,665,693		1,665,693
Investment income				566		567
Total Income				1,777,731	1	1,777,732
Expenditure on:
Charitable activities				(1,569,249)	(15,651)	(1,584,900)
Mercury provident Governance costs	pension	scheme		(34,899) (19,911)		(34,899) ~(19,911
Total Expenditure				(1,624,059)	(15,651)	~(1,639,710
Net income/(expenditure)				153,672	(15,650)	138,022
Transfers between	funds			19,850	(19,850)
Net movement in funds				173,522	(35,500)	138,022
Reconciliation offunds
Total funds brought	forward			1,715,927	277,736	1,993,663
Total funds carried	forward		19	1,889,449	242,236	2,131,685

						Total
				Unrestricted	Restricted	2021
			Note		f.
Income and Endowments		from:
Donations and Grants				155,128	2,200	157,328
Charitable activities				1,663,892		1,663,892
Investment income				1,330		1,335
Total Income				1,820,350	2,205	1,822,555
Expenditure on:
Charitable activities				(1,613,025)	(5,004)	(1,618,029)
Mercury provident	pension	scheme		(107,285)		(107,285)
Governance costs				(18,553)		(18,553)
Total Expenditure				(1,738,863)	(5,004)	(1,743,867)
Net income/(expenditure) Transfers between funds				81,487 ~30,000	(2,799) 30,000	78,688
Net movement in funds				51,487	27,201	78,688
Reconciliation offunds
Total funds brought	forward			1,664,440	250,535	1,914,975
Total funds carried	forward		19	1,715,927	277,736	1,993,663

		Balance Sheet as at31	March 2022
			Note	2022	2021f
Fixed assets
Tangible assets			13	2,617,497	2,707,038
Investments			14	3,994	5,392
				2,621,491	2,712,430
Current assets
Debtors			15	88,593	93,642
Cash at bank	and in hand		16	732,930	695,063
				821,523	788,705
Creditors: Amounts		falling due within one year	17	223,123)	(213,121
Net current	assets			598,400	575,584
Total assets	less current liabilities			3,219,891	3,288,014
Creditors: Amounts		falling due after more than one year		(1,088,206	(1,294,351)
Net assets				2,131,685	1,993,663
Funds ofthe	charity:
Restricted income funds
Restricted funds			19	242,236	277,736
Unrestricted	income	funds
Unrestricted	funds			1,889,449	1,715,927
Total funds			19	2,131,685	1,993,663

Statement ofCash	Flows	for the Yea	r Ended 31	March 2022
				2022	2021
			Note
Cash flows froin operating activities
Net cash income				138,022	78,688
Adjustments to cash flows from non-cash	items
Depreciation				94,504	94,806
Revaluation ofinvestments				1,398	17
Loss on disposal offixed assets held for the	charity's	own use			1,167
				233,924	174,678
Working capital adjustments
Decrease in debtors			15	5,049	14,534
(Decrease)/increase in creditors			17	(140,458)	55,946
Net cash flows from operating activities				98,515	245,158
Cash flows from investing activities
Purchase oftangible fixed assets			13	(4,963)	(72,066)
Cash flows from financing activities Repayment ofloans and borrowings			17	(55,655)	~54,334)
Net increase in cash and cash equivalents				37,867	118,758
Cash and cash equivalents at 1 April				695,063	576,305
Cash and cash equivalents at 31 March				732,930	695,063

value, over their expecte	d useful economic life as follows:
Asset class		Depreciation	method	and rate
Land and buildings		Straight line	over 50years
Improvements (included	under Land and buildings)	3%and 20%	straight	line
Furniture and equipment		20%reducing	balance
Motor Vehicles		20%reducing	balance

3	Income f	r	om	donations	and legacies
							Unrestricted
							funds	Total	Total
							General	2022	2021
Donations and			legacies;
	Donations	Irom		individuals			45,100	45,100	19,678
Grants, including				capital grants;
	Government		grants				66,372	66,372	137,650
							111,472	111,472	157,328
4	Income from			charitable	activities
							Unrestricted
							funds	Total	Total
							General	2022	2021
	Residential		home and activities				1,665,693	1,665,693	1,663,892
5	Investment		income
						Unrestricted
						funds	Restricted	Total	Total
						General	funds	2022	2021
							f.
Interest receivable				and similar	income;
	Interest receivable on bank				deposits	538		539	1,335
Other income			from fixed asset
investments						28		28
						566		567	1,335

			Unrestricted
			funds	Restricted	Total	Total
			General	funds	2022	2021
		Note
Residential	home and
activities			454,197	10,938	465,135	462,713
Depreciation,
amortisation	and other
similar costs			89,791	4,713	94,504	95,941
Staffcosts			1,025,261		1,025,261	1,059,375
Governance	costs		19,911		19,911	18,553
			1,589,160	15,651	1,604,811	1,636,582

7 M	ercury provident pension fund	deficit
		Unrestricted
			Total	Total
		General	2022	2021
			f,
Fund	deficit	34,899	34,899	107/85
		34,899	34,899	107,285

					Unrestricted
					funds	Total	Total
					General	2022	2021
Audit fees
Audit ofthe financial		statements			5,000	5,000	4,750
Other fees paid	to auditors				2,416	2,416	2,210
Legal fees					5,040	5,040	11,593
Other governance	costs				7,455	7,455
					19,911	19,911	18,553
9 Net incoming/outgoing			resources
Net incoming resources		for	the year include:
						2022f	2021
Audit fees						5,000	4,750
Loss on disposal	offixed assets held for the charity's			own use			1,135
Depreciation offixed assets						94,504	94,806

The aggregate payr	oll costs were as follows:
		2022	2021
Staff costs during	the year were:
Wages and salaries		910,115	961,864
Social security costs		60,322	54,288
Pension costs		26,065	26,308
Other staff costs		28,759	16,915
		1,025,261	1,059,375

year expressed as full time equivalents was as foll	ows:
	2022		2021
	No		No
Care Staff		44		49
Administration		3		3
		47		52

13 Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Motor vehicles f	Total
Cost
At 1 Apri!2021	3,864,981	257,989	77,095	4,200,065
Additions	3,848	1,115		4,963
At 31 March 2022	3,868,829	259,104	77,095	4,205,028
Depreciation
At 1 April 2021	1,244,581	203,258	45,188	1,493,027
Charge for the year	77,673	11,445	5,386	94,504
At 31 March 2022	1,322,254	214,703	50,574	1,587,531
Net book value
At 31 March 2022	2,546,575	44,401	26,521	2,617,497
At 31March 2021	2,620,400	54,731	31,907	2,707,038

Other investments
	Unlisted
	investments	Total
	f
Cost or Valuation
At 1 April 2021 Revaluation	5,392 ~1,398)	5,392 (1,398)
At 31March 2022	3,994	3,994
Net book value
At 31March 2022	3,994	3,994
At 31March 2021	5,392	5,392
15 Debtors
	2022	2021f
Trade debtors	29,216	58,123
Prepayments	17,007	13,508
Accrued income	26,333	19,391
Other debtors	16,037	2,620
	88,593	93,642
16 Cash and cash equivalents
	2022	2021f
Cash on hand	4,806	4,796
Cash at bank	476,635	469,448
Short-term deposits	251,489	220,819
	732,930	695,063

			2022f	2021 f.
Bank loans			33,632	33,027
Trade creditors			59,550	29,342
Other loans			23,194	22,397
Other taxation	and social security		4,165	17,037
Other creditors			8,073	11,318
Other creditors	—Mercury Pension	fund deficit	64,209	61,151
Accruals			30,300	38,849
			223,123	213,121

18 Creditors: amounts falling du	e after	one year
			2022	2021
Bank loans			26,181	60,074
Other loans			305,094	328,288
Other creditors - Mercury Pension	fund deficit		756,931	905,989
			1 088,206	1,294,351
Included in the creditors are the following		amounts	due aAer more than five years:
			2022	2021
After more than five years by instalments			~(797,621	(869,807)

19 Funds
						Balance at
		Balance at 1	Incoming	Resources		31March
		April 2021	resources	expended f	Transfers f	2022
Unrestricted
General
General Fund		1,715,927	1,777,731	(1,624,059)	19,850	1,889,449
Restricted
Residents Mutual	Fund	3,356				3,356
Riding and Sports Fund		6,515		(788)		5,728
New buildings		235,665		(4,713)		230,952
StaKParty		200				200
Cobley donation MPPS Fund	Fund	2,000 30,000		~10,150)	~()9,850	2,000
Total restricted		277,736		~15,651	~19,850)	242,236
Total funds		1,993,663	1,777,732	(1,639,710)		2,131,685

	N	ote	s to the F	inancial Statemen	ts for the Y	ear Ended 31	March 2022
								Balance at
				Balance at 1	Incoming	Resources		31March
				April 2020	resources	expended	Transfers	2021
								f.
Unrestricted	funds
General
General Fund				1,664,440	1,820,350	(1,738,863)	(30,000)	1,715,927
Restricted
Residents Mutual			Fund	3,354				3,356
Riding and	Sports Fund			6,707		(195)		6,515
New buildings				240,474		(4,809)		235,665
StaffParty					200			200
Cobley donation			Fund		2,000			2,000
MPPS Fund							30,000	30,000
Total restricted		funds		250,535	2,205	(5,004)	30,000	277,736
Total funds				1,914,975	1,822.555	~3,743,867		1,993,663

20 Analysis of	net assets between funds	Unrestricted
				Total funds at
				31March
		General	Restricted	2022
Tangible fixed	assets	2,386,545	230,952	2,617,497
Fixed asset investments		3,994		3,994
Current assets		810,239	11,284	821,523
Current liabilities		(223,123)		(223,123)
Creditors over	1 year	1,088,206)		(1,088,206)
Total net assets		1,889,449	242,236	2,131,685
		Unrestricted		Total funds at
		funds	Restricted	31March
		General	fundsf	2021
Tangible fixed	assets	2,471,374	235,664	2,707,038
Fixed asset investments		5,392		5,392
Current assets		746,633	42,072	788,705
Current liabilities Creditors over 1 year		(213,121) (1,294,351)		(213,121) ~3,294,3513
Total net assets		1,715,927	277,736	1,993,663