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|Reference and Administrative|Reference and Administrative|Details||
|---|---|---|---|
|Strategic Report|||2to 5|
|Trustees' Report|||6to 10|
|Statement ofTrustees'|Responsibilities|||
|Independent
Auditors'|Report||12to 15|
|Statement ofFinancial|Activities||16to 17|
|Balance Sheet|||18|
|Statement ofCash Flows|||19|
|Notes to the Financial|Statements||20 to 35|
|||||Nutley Hall||||
|---|---|---|---|---|---|---|---|
||||Reference and Administrative|||Details||
|Chief Executive Officer|||R Levy|||||
|Trustees|||H Compson|||||
||||P Blok|||||
||||M Albath|||||
||||G Bridge|||||
||||RLevy|||||
||||YDellsperger|||||
||||R A Crowther|||||
|Secretary|||H Compson|||||
|Charity Registration||Number|307023|||||
|Company|Registration|Number|868461|||||
||||The charity|is incorporated|in England||and Wales.|
|Registered|Office||Nutley
Hall|||||
||||Nutley|||||
||||Uckfield|||||
||||East Sussex|||||
||||TN22 3NJ|||||
|Auditor|||Manningtons|||||
||||Statutory
auditor|||||
||||39High Street|||||
||||Battle|||||
||||East Sussex|||||
||||TN33 OEE|||||
|Bankers|||Barclays Bank pic|||||
||||Leicestershire|||||
||||Leicester|||||
||||LE872BB|||||
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|Keyfinancial performanceindicators||||
|---|---|---|---|
||Unit|2023|2022|
|Net Profit Percentage ofFee Income||7.20|8.20|
|Percentage ofdirectly attributable
expenses to fee income||92.00|95.00|
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|The trustees|and officers serving|during the year and|since the year end were as follows:|
|---|---|---|---|
|Trustees:||H Compson||
|||PBlok||
|||M Albath||
|||H Dow (resigned 30October 2022)||
|||IWalker (resigned 30October 2022)||
|||G Bridge||
|||R Levy||
|||Y Dellsperger||
|||R A Crowther|(appointed 30October 2022)|
|Chief Executive Officer:||R Levy||
|Secretary:||H Compson||
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||||||||Total|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|2023|
|||||Note||f.||
|Income and Endowments|||from:|||||
|Donations|and Grants||||2,597|52,323|54,920|
|Charitable|activities||||1,826,533||1,826,533|
|Investment|income||||3,782|23|3,805|
|Total Income|||||1,832,912|52,346|1,885,258|
|Expenditure
on:||||||||
|Charitable|activities||||(1,691,590)|(6,589)|(1,698,179)|
|Governance|costs||||(13,956)||(13,956)|
|Total Expenditure|||||(1,705,546)|(6,589)|(1,712,135)|
|Net income|||||127,366|45,757|173,123|
|Net movement
in funds|||||127,366|45,757|173,]23|
|Reconciliation
offunds||||||||
|Total funds|brought|forward|||1,889,449|242,236|2,131,685|
|Total funds|carried|forward||19|2,016,815|287,993|2,304,808|
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|gncluding
Inco|me an|d Expenditure|Account and
Losses)|Statement ofT|otal Recognised|Gains and|
|---|---|---|---|---|---|---|
|||||||Total|
|||||Unrestricted|Restricted|2022|
||||Note|f|||
|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||1,777,732|
|Expenditure
on:|||||||
|Charitable
activities||||(1,569,249)|(15,651)|(1,584,900)|
|Mercury provident|pension|scheme||(34,899)||(34,899)|
|Governance
costs||||(19,911)||(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|
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|||||Balance Sheet as a|t31March 2023|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||||||Note|||
|Fixed assets||||||||
|Tangible assets|||||13|2,671,408|2,617,497|
|Investments|||||14|4,202|3,994|
|||||||2,675,610|2,621,491|
|Current
assets||||||||
|Debtors|||||15|109,027|88,593|
|Cash at bank|and in hand||||16|702,390|732,930|
|||||||811,417|821,523|
|Creditors: Amounts||falling due within one year|||17|(211,090)|(223,123)|
|Net current|assets|||||600,327|598,400|
|Total assets|less current||liabilities|||3,275,937|3,219,891|
|Creditors: Amounts||falling due after more than one year|||18|(971,129)|(1,088,206)|
|Net assets||||||2,304,808|2,131,685|
|Funds ofthe|charity:|||||||
|Restricted income funds||||||||
|Restricted
funds|||||19|287,993|242,236|
|Unrestricted|income|funds||||||
|Unrestricted|funds|||||2,016,815|1,889,449|
|Total funds
The fioanoiai|statements||on pages|id to 35 were approved|19
by the mlstees
and|2,304,808
authorised
for issue on|2,131,685
khL!rsb. .4-|
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|Statement ofCash|Flows|for the Yea|r Ended 31|March 2023||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|||
|Cash flows from operating
activities||||||
|Net cash income||||173,123|138,022|
|Adjustments
to cash flows from non-cash|items|||||
|Depreciation||||94,220|94,504|
|Revaluation
ofinvestments||||(208)|1,398|
|Loss on disposal offixed assets held for the|charity's|own use||838||
|||||267,973|233,924|
|Working capital adjustments||||||
|(increase)/decrease
in debtors|||15|(20,434)|5,049|
|Decrease in creditors|||17|(72,245)|(140,458)|
|Net cash flows fiom operating
activities||||175,294|98,515|
|Cash flows from investing
activities||||||
|Purchase oftangible
fixed assets|||13|(148,969)|(4,963)|
|Cash flows from flnancing
activities||||||
|Repayment ofloans and borrowings|||17|(56,865)|(55,685)|
|Net (decrease)/increase
in cash and cash equivalents||||(30,540)|37,867|
|Cash and cash equivalents
at
1 April||||732,930|695,063|
|Cash and cash equivalents
at 31 March||||702,390|732,930|
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|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||
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|3|Income|f|rom|donations|and legacies|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted||||
|||||||funds|Restricted|Total|Total|
|||||||General|funds|2023|2022|
|Donations||and legacies;||||||||
||Donations||from|individuals||45|52,323|52,368|45,100|
|Grants,
including||||capital grants;||||||
||Government||grants|||2,552||2,552|66,372|
|||||||2,597|52,323|54,920|111,472|
|4|Income|from||charitable|activities|||||
||||||||Unrestricted|||
||||||||1'unds|Total|Total|
||||||||General|2023|2022|
||Residential||home and activities||||1,826,533|1,826,533|1,665,693|
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||||||Unrestricted|||||
|---|---|---|---|---|---|---|---|---|---|
||||||funds|Restricted|Total||Total|
||||||General|funds|2023||2022|
|Interest receivable|||and similar|income;||||||
|Interest receivable on bank deposits|||||3,704|23|3.727||539|
|Other income||from fixed asset||||||||
|investments||||||||78|28|
||||||3,782|23|3,805||567|
|6
Expenditure|||on charitable|activities||||||
||||||Unrestricted|||||
||||||funds|Restricted|Total||Total|
||||||General|funds|2023||2022|
|||||Note||||||
|Residential|home||and|||||||
|activities|||||544,053|928|544,981||465,135|
|Depreciation,||||||||||
|amortisation||and|other|||||||
|similar costs|||||89,397|5,661|95,058||94,504|
|Staffcosts|||||1,058,140||1,058,140||1,025,261|
|Governance|costs||||13,956||]3,956||19,911|
||||||1,705,546|6,589|1,712,135||1,604,811|
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|Governance|costs||||||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
|||||||funds|Total|Total|
|||||||General|2023|2022|
|||||||f|||
|Audit fees|||||||||
|Audit ofthe financial||statements||||6,150|6,150|5,000|
|Other fees|paid to auditors|||||2,766|2,766|2,416|
|Legal fees||||||5,040|5,040|5,040|
|Other governance
costs||||||||7,455|
|||||||13,956|13,956|19,911|
|9
Net incoming/outgoing|||resources||||||
|Net incoming|resources|for|the year include:||||||
||||||||2023f|2022
g|
|Audit fees|||||||6,150|5,000|
|Loss on disposal offixed assets held for the charity's|||||own|use|838||
|Depreciation|offixed assets||||||94,220|94,504|
|10 Trustees|remuneration||and expenses||||||
|During the year the charity|||made the following|transactions||with trustees:|||
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|11 Staffcosts
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2023|2022|
|Staffcosts during the year were:|||
|Wages and salaries|916,006|910,115|
|Social security costs|65,295|60,322|
|Pension costs|25,584|26,065|
|Other staff costs|51,255|28,759|
||1,058,140|1,025,261|
|The monthly
average
number ofpersons
(includin
during the year expressed
as full time equivalents|g
senior management
/ leadership
team) e
was as follows:|mployed|by the ch|arity|
|---|---|---|---|---|
||2023||2022||
||No||No||
|Care Staff||43||44|
|Administration||3||3|
|||46||47|
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|13 Tangible fixed assets|||||
|---|---|---|---|---|
||Land and|Furniture
and|||
||buildings|equipment
f|Motor vehicles|Total|
|Cost|||||
|At 1 April 2022|3,868,829|259,104|77,095|4,205,028|
|Additions|143,489|5,481||148,970|
|Disposals||(80,166)||(80,166)|
|At 31 March 2023|4,012,318|184,419|77,095|4,273,832|
|Depreciation|||||
|At 1 April 2022|1,322,254|214,703|50,574|1,587,531|
|Charge for the year
Eliminated
on disposals|80,248|8,668
~(79,327|5,304|94,220
~79,327|
|At 31 March 2023|1,402,502|144,044|55,878|1,602,424|
|Net book value|||||
|At 31March 2023|2,609,816|40,375|21/17|2,671,408|
|At 31 March 2022|2,546,575|44,401|26,521|2,617,497|
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|Other investments|||
|---|---|---|
||Unlisted||
||investments|Total|
|Cost or Valuation|||
|At 1 April 2022|3,994|3,994|
|Revaluation|208|208|
|At 31March 2023|4,202|4,202|
|Net book value|||
|At 31March 2023|4/02|4,202|
|At 31March 2022|3,994|3,994|
|15 Debtors|||
||2023|2022|
|Trade debtors|94,994|29,216|
|Prep ayments|11,876|17,007|
|Accrued income|1,163|26,333|
|Other debtors|994|16,037|
||109,027|88,593|
|16 Cash and cash equivalents|||
||2023|2022|
|Cash on hand|3,115|4,806|
|Cash at bank|437,207|476,635|
|Short-term
deposits|262,068|251,489|
||702,390|732,930|
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|17 Creditors: amounts
falling du|e within one year|||
|---|---|---|---|
|||2023|2022f|
|Bank loans||26,142|33,632|
|Trade creditors||30,730|59,550|
|Other loans||24,019|23,194|
|Other taxation and social security||15,105|4,165|
|Other creditors||6,107|8,073|
|Other creditors - Mercury Pension|fund deficit|67,142|64,209|
|Accruals||41,845|30,300|
|||211,090|223,123|
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|18 Creditors: amounts
falling d|ue after|one yea|r||
|---|---|---|---|---|
||||2023|2022|
|Bank loans||||26,181|
|Other loans|||281,075|305,094|
|Other creditors - Mercury Pension|fund deficit||690,054|756,931|
||||971,129|1,088,206|
|Included
in the creditors are the following||amounts|due afier more than five years:||
||||2023|2022|
|After more than five years by instalments|||f
~562,107|f
~(797,621|
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|19 Funds||||||||
|---|---|---|---|---|---|---|---|
||||Balance|at 1|Incoming|Resources|Balance at 31|
||||April 2022||resources|expended|March 2023|
||||f,|||||
|Unrestricted
funds||||||||
|General||||||||
|General Fund|||1,889,449||1,832,912|(1,705,546)|2,016,815|
|Restricted funds||||||||
|Residents
Mutual||Fund||3,356|7||3,363|
|Riding and Sports Fund||||5,728|16|(927)|4,817|
|New buildings|||230,952||52,123|(5,662)|277,413|
|Staff Party||||200|200||400|
|Cobley donation||Fund||2,000|||2,000|
|Total restricted|funds||242,236||52,346|(6,589|287,993|
|Total funds|||2,131,685||1,885,258|(1,712,135|2,304,808|
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|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
|||||Balance at 1|Incoming|Resources||31March|
|||||April 2021|resources
f|expended|Transfers|2022|
|Unrestricted|funds||||||||
|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|
|StaffParty||||200||||200|
|Cobley donation|||Fund|2,000||||2,000|
|MPPS Fund||||30,000||(10,150)|(19,850)||
|Total restricted||funds||277,736||(15,651)|(19,850)|242,236|
|Total funds||||1,993,663|1,777,732|(1,639,710)||2,131,685|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||||Total funds at|
||||||31March|
||||General|Restricted|2023|
|Tangible|fixed|assets|2,393,995|277,413|2,671,408|
|Fixed asset investments|||4,202||4,202|
|Current|assets||800,837|10,580|811,417|
|Current|liabilities||(211,090)||(211,090)|
|Creditors|over|1 year|(971,129||(971,129)|
|Total net assets|||2,016,815|287,993|2,304,808|
||||Unrestricted||Total funds at|
||||funds|Restricted|31March|
||||General
f.|funds
f.|2022f|
|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)||(1,088/06)|
|Total net assets|||1,889,449|242,236|2,131,685|
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