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|The Trustees during the|year were:|
|---|---|
|Christopher
Absolon|Peter Crump|
|Rosemary
Parr|Joanna Sudell|
|Kate Steele|Martha Venner|
|Adrian
Lumley-Smith|Tony Mullin|
|Hannah
Allan|John Fox|
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||||Unrestricted|Restricted|2023|2022|
|---|---|---|---|---|---|---|
||||funds|funds|Total|Total|
|||Notes|f|f|f|f|
|INCOME|||||||
|Voluntary
income||3|44,464|12,496|56,960|47,115|
|Charitable
activities||3|2,382,538|17,500|2,400,038|2,190,389|
|Investment
income|||17,934|234|18,168|12,444|
|Income from trading|subsidiary|||22,277|22,277|14,477|
|TOTAL INCOME|||2,444,936|52,507|2,497,443|2,264,425|
|EXPENDITURE|||||||
|Fundraising
costs||4|7,016||7,016|1,423|
|Charitable
activities||4|2,362,363|46,380|2,408,743|2,243,426|
|TOTAL EXPENDITURE|||2,369,379|46,380|2,415,759|2,244,849|
|NET GAINS ON INVESTMENTS||||||60,842|
|NET INCOME FOR THE|YEAR||75,557|6,127|81,684|80,418|
|TRANSFERS BETWEEN FUNDS|||(1,650)|1,650|||
|NET MOVEMENT
IN FUNDS|||73,907|7,777|81,684|80,418|
|Funds at 1February 2022|||2,401,852|41,688|2,443,540|2,363,122|
|FUNDS AT31JANUARY 2023|||2,475,759|49,465|2,525,224|2,443,540|
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|CONSOLIDATED|BALANCE SHEE|TAS AT|31jANUARY|2023|||
|---|---|---|---|---|---|---|
||||Group||Charity||
||||2023|2022|2023|2022|
|||Notes|f.|E||E|
|FIXED ASSETS|||||||
|Tangible fixed assets|||1,641,523|1,577,498|1,641,523|1,577,498|
|Fixed asset investments|||350,000|350,000|350,000|350,000|
||||1,991,523|1,927,498|1,991,523|1,927,498|
|CURRENT ASSETS|||||||
|Debtors|||199,851|83,699|243,635|110,138|
|Cash at bank and|in hand||587,133|708,219|539,849|670,977|
||||786,984|?91,918|783,484|781,115|
|CREDITORS: amounts|falling||||||
|due within one year||10|{106,471)|(102,570)|(106,241)|(100,604)|
|NET CURRENT ASSETS|||680,513|689,348|677,243|680,511|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||2,672,036|2,616,846|2,668,766|2,608,009|
|CREDITORS: amounts|falling||{146,812)|(173306)|(146 812)|(173.306)|
|due after more than one year|||||||
|NET ASSETS|||2,525,224|2,443,540|2,521,954|2,434,703|
|FUNDS|||||||
|Restricted funds|||49,465|41,688|46,195|32,851|
|Unrestricted
funds|||||||
|General funds||13|702,165|720,743|702,165|720,743|
|Designated
funds||13|1,712,752|1,620,267|1,712,752|1,620,267|
|Revaluation|reserve|13|60,842|60,842|60,842|60,842|
|TOTAL FUNDS|||2,525,224|2,443,540|2,521,954|2,434,703|
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|FOR YEAR ENDED 31JANUAR|Y|2023||||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|f|f|
|NET CASHFLOW PROVIDED BYOPERATING ACTIVITIES||||(66,384)|37,245|
|CASH FLOWS FROM INVESTING ACTIVITIES||||||
|Interest received||||4,685|1,124|
|Receipts from rent on investment|properties|||13,483|11,320|
|CASH FLOWS FROM FINANCING
ACTIVITIES||||||
|Fixed asset additions||||(39,424)||
|Proceeds from the sale offixed assets||||||
|Bank loan repayments||||(33,446)|(32,493)|
|NET CASH FLOW||||(121,086)|17,196|
|Change
in cash and cash equivalents||in the year||(121,086)|17,196|
|Cash and cash equivalents
at start|of|the year||708,219|691,023|
|Cash and cash equivalents
at the|end|ofthe year||587,133|708,219|
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|FO|R YEAR ENDED 31JA|NU|ARY 2023||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|1|RECONCILIATION
OF NET|INCOME TO NET CASH FLOW|||f|f|
||FROM OPERATING
ACTIVITIES||||||
||Net income/(expenditure)|for|the year||81,684|80,418|
||interest received||||(4,685)|(1,124)|
||Investment
property
revaluation|||||(60,842)|
||Investment
property
rent||||(13,483)|(11,320)|
||Interest
paid||||s,ees|4,077|
||Depreciation||||34,506|32,902|
||Profit on disposal offixed|assets|||||
||Decrease/(increase)
in debtors||||(135,745)|(8,095)|
||(Decrease)/increase
in creditors||||(34,326)|1,229|
||Net cash flow from operating||activities||||
||||||(66,384)|37,245|
|2|ANALYSIS OF CASH AND CASH||EQUIVALENTS||||
||Cash at bank and in hand||||587,133|708,219|
|3|ANALYSIS OF CHANGES
IN|NET DEBT||At 1||At 31|
|||||Feb 2022|Cash flows|Jan 2023|
||Cash at bank and
in hand|||708,219|(121,086)|587,133|
||Debt due within one year|||(27,357)|1,287|(26,070)|
||Debt due after one year|||(173,306)|26,494|(146,812)|
|||||507,556|(93,305)|414,251|
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|INCOME||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|2023|2022|
|||funds|funds|Total|Total|
|||f|f|f|f|
|VOLUNTARY
INCOME||||||
|Donations
and|legacies|39,652|12,496|52,148|36,851|
|Fundraising||4,812||4,812|10,264|
|Total voluntary|income|44,464|12,496|56,960|47,115|
|CHARITABLE ACTIVITIES||||||
|Fees and contributions||2,381,538||2,381,538|2,124,780|
|Covid 19related|grants||||65,609|
|Other income||1,000|17,500|18,500||
|Total charitable|activities|2,382,538|17,500|2,400,038|2,190,389|
|INVESTMENT INCOME||||||
|Investment
income||17934|234|18168|12444|
|INCOME FROM|TRADING SUBSIDIARY||22,277|22,277|14,477|
|TOTAL INCOME||2 444 936|52 507|2497 443|2 264 425|
##
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|4|EXPENDITURE|||||Unrestricted|Restricted|2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|Total|Total|
|||||||f|f|f|f|
||FUNDRAISING
COSTS|||||||||
||Fundraising
and publicity|||||7,016||7,016|1,423|
||Costs ofincome from|public bodies||||314,389|12,500|326,889|279,341|
||Personal
allowances|paid||to residents||53,264||53,264|56,262|
||Employed
staff costs|(see||note 5)||1,841,480|21,098|1,862,578|1,759,359|
||Payroll costs|||||3,221||3221|3,626|
||Staff recruitment
costs|||||16,569||16,569|17,798|
||Indemnity
Insurance|||||2,605||2,605|1,873|
||Legal fees|||||6,105||6,105|3,900|
||Telephone
and internet|||||11,154||11,154|10,084|
||Bank charges|||||1,934||1,934|1,791|
||Care Standards
Commission|||||4,333||4,333|4,333|
||Interest payable|||||5,665||5,665|4,077|
||Staff training
and welfare|||||40,908||40,908|29,518|
||Travel costs|||||1,724|5,408|7,132|3,773|
||Depreciation|||||32,617|1,890|34,507|32,902|
||Profit on disposal offixed|||assets||||||
||Office costs, stationery||and advertising|||13,438||13,438|15,964|
||Subscriptions|||||2,099|145|2,244|2,379|
||Sundry expenses|||||1,105||1,105|487|
||Accountancy
fees|||||3,453|1,501|4,954|6,575|
||Auditors
remuneration|||||6,300||6,300|4,500|
||Orchard
Vale Enterprises|||gardening|costs||3,838|3,838|4,884|
||Total costofcharitable||activities|||2,362,363|46,380|2,408,743|2,243,426|
||TOTAL EXPENDITURE|||||2,369,379|46,380|2,415,759|2,244,849|
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|Employed|staff costs for the group were as follows:|2023|2022|
|---|---|---|---|
|||f||
|Salaries and wages||1,707,172|1,629,688|
|Social security costs||126,066|104,130|
|Pension||29,340|25,541|
|||1,862,578|1,759,359|
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||No.|No.|
|Engaged|on|charitable|activities||66|66|
|Engaged|on|management||and administration|4|4|
||||||70|70|
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|7|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
||GROUP AND CHARITY|Freehold|||
|||land &|Equipment||
|||buildings|and vehicles|Total|
|||f|E|f|
||COST||||
||At 1February 2022|2,442,799|210,060|2,652,859|
||Additions|83,199|15,332|98,531|
||Disposals||||
||Transfers||||
||At 31January 2023|2,525,998|225,392|2,751,390|
||DEPRECIATION||||
||At 1February 2022|911,027|164,334|1,075,361|
||Charge for the year|18,495|16,011|34,506|
||Disposals||||
||At 31January 2023|929,522|180,345|1,109,867|
||NET BOOK VALUE||||
||At 31January 2023|1,596,476|45,047|1,641,523|
||At 31January 2022|1,531,772|45,726|1,577,498|
|8|INVESTMENT PROPERTIES||||
||GROUP AND CHARITY|Investment|||
|||properties|||
|||f|||
||FAIR VALUE||||
||At 1February 2022|350,000|||
||Additions
in year||||
||Disposals
in year||||
||Revaluation||||
||At 31January 2023|350,000|||
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|DEBTORS|||||||
|---|---|---|---|---|---|---|
||||Group||Charity||
||||2023|2022|2023|2022|
||||f|f|f|f|
|Trade debtors|||195,163|52,591|189,247|52,178|
|Other debtors|||||51,005|26,852|
|Taxation recoverable|||2,863|1,470|2,863|1,470|
|Prepayments|and accrued income||1,825|29,638|520|29,638|
||||199,851|83,699|243,635|110,138|
|CREDITORS: amounts||falling due within one year|||||
||||Group||Charity||
||||2023|2022|2023|2022|
||||f|f|f|f|
|Bank loans (see note||11)|26,070|27,357|26,070|27,357|
|Trade creditors|||60,783|23,844|60,553|23,354|
|Taxation and|social security||(15)|32,930|(15)|31,454|
|Other creditors|||9,697|6,943|9,697|6,943|
|Accruals and|deferred|income|9,936|11,496|9,936|11,496|
||||106,471|102,570|106,241|100,604|
|CREDITORS: amounts||falling due after one year|||||
||||Group||Charity||
||||2023|2022|2023|2022|
|||||f|f|f|
|Bank loans|||146,812|173,306|146,812|173,306|
|Secured loans|and creditors due after more than five years:||||||
||||Group||Charity||
||||2023|2022|2023|2022|
||||f|f|f|f|
|Bank loans|||26,829|56,238|26,829|56,238|
##
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##
|||Funds at||||Funds at|
|---|---|---|---|---|---|---|
|||1 February||||31January|
|||2022|Income|Expenditure|Transfers|2023|
|||F|f||||
|RESTRICTED FUNDS|||||||
|Funera
I fund||19,028|234|||19,262|
|Big Lottery fund||7,559|2,496|(1,890)|(2,496)|5,669|
|IT Delivery fund||6,264||||6,264|
|East Court Garden
Furniture|||10,000|(10,000)|||
|Hive community
services|||2,500|(2,500)|||
|Reconditioning|||15,000|||15,000|
|Orchard
Vale Enterprises|CIC|8,837|22,277|(31,990)|4,146|3,270|
|Total restricted funds||41,688|52,507|(46,380)|1,650|49,465|
|DESIGNATED FUNDS|||||||
|Property
Capital fund||1,620,267||(24,160)|116,645|1,712,752|
|Revaluation
reserve||60,842||||60,842|
|Total restricted funds||1,681,109||(24,160)|116,645|1,773,594|
|UNRESTRICTED GENERAL|||||||
|General funds||720,743|2,444,936|(2,345,219)|(118,295)|702,165|
|Total unrestricted
funds||2,401,852|2,444,936|(2,369,379)|(1,650)|2,475,759|
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||Restricted|Designated|General|Total|
|---|---|---|---|---|
|Year ended 31January 2023|funds|funds|funds|funds|
||||F||
|Tangible fixed assets|5,669|1,596,476.|39,378|1,641,523|
|Fixed asset investments||350,000||350,000|
|Net current assets|43,796|(26,070)|662,787|680,513|
|Long term liabilities||(146,812)||(146,812)|
|Net assets|49,465|1,773,594|702,165|2,525,224|
||Restricted|Designated|General|Total|
|Year ended 31January 2022|funds|funds|funds|funds|
|||f.|f||
|Tangible fixed assets|7,559|1,531,772|38,167|1,577,498|
|Fixed asset investments||350,000||350,000|
|Net current assets|34,129|(27,357)|682,576|689,348|
|Long term liabilities||(173,306)||(173,306)|
|Net assets|41,688|1,681,109|720,743|2,443,540|
##
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##
|The results|for|the CICfor the period ended 31January|2023 are as follows:||
|---|---|---|---|---|
||||2023|2022|
|Turnover.|||26,423|17,191|
|Cost ofsales|||(5,141)|(3,224)|
|Administrative||expenses|(28,152)|(6,193)|
|Operating|loss||(6,870)|7,774|
|Corporation|tax||1,305|(1,659)|
|Net loss|||(5,565)|6,115|
##
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|Below are
company:|summarised
results for Orchard
Vale Trus|t excluding
income
and expenditure
from|the subsidiary|
|---|---|---|---|
|||2023|2022|
|Income||||
|Donations|and Legacies|75,460|47,115|
|Charitable|activities|2,381,538|2,124,780|
|Investment|income|18,168|12,444|
|Covid 19Grants|||65,609|
|||2,475,166|2,249,948|
|Expenditure||||
|Charitable|activities|(2,387,915)|(2,236,486)|
|Net gain on investment|||60,842|
|Surplus for|the year|87,251|74,304|
##
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|20 PRIOR YEAR STATEMENT OF FINANCIAL|20 PRIOR YEAR STATEMENT OF FINANCIAL|ACTIVITIES||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|2022|
||||funds|funds|Total|
|||Notes|f|f|f|
|INCOME||||||
|Voluntary
income|||29,883|17,232|47,115|
|Charitable
activities|||2,190,389||2,190,389|
|Investment
income|||12,382|62|12,444|
|Income from trading|subsidiary|||14,477|14,477|
|TOTAL INCOME|||2,232,654|31,771|2,264,425|
|EXPENDITURE||||||
|Fundraising
costs|||1,423||1,423|
|Charitable
activities|||2,213,922|29,504|2,243,426|
|TOTAL EXPENDITURE|||2,215,345|29,504|2,244,849|
|NET GAINS ON INVESTMENTS|||60,842||60,842|
|NET INCOME FOR THE YEAR|||78,151|2,267|80,418|
|TRANSFERS BETWEEN FUNDS|||(2,014)|2,014||
|NET MOVEMENT
IN FUNDS|||76,137|4,281|80,418|
|TOTAL FUNDS AT 1 FEBRUARY 2021|||2,325,715|37,407|2,363,122|
|TOTAL FUNDS AT31JANUARY 2022|||2,401,852|41,688|2,443,540|
##
##
||||Funds at||||Funds at|
|---|---|---|---|---|---|---|---|
||||1 February||||31 January|
||||2021|Income|Expenditure|Transfers|2022|
||||f|||f||
|RESTRICTED FUNDS||||||||
|Funeral fund|||18,341|62||625|19,028|
|Bit Lottery fund|||10,079|17,232|(19,752)||7,559|
|IT Delivery fund|||6,264||||6,264|
|Orchard
Vale Enterprises||CIC|2,723|14,477|(9,752)|1,389|8,837|
|Total restricted|funds||37,407|31,771|(29,504)|2,014|41,688|
|DESIGNATED FUNDS||||||||
|Property
Capital|fund||1,609,515||(21,751)|32,503|1,620,267|
|Revaluation
reserve||||60,842|||60,842|
|Total restricted|funds||1,609,515|60,842|(21,751)|32,503|1,681,109|
|UNRESTRICTED|GENERAL|||||||
|General funds|||716,200|2,232,654|(2,193,594)|(34,517)|720,743|
|Total unrestricted
funds|||2,325,715|2,293,496|(2,215,345)|(2,014)|2,401,852|