2020-09-30-accounts

		Page
Reference and Administrative Details		1
Report of the Trustees	2	to	6
Statement of Trustees' Responsibilities		7
Report of the Independent Auditors	8	to	9
Statement of Financial Activities		10
Balance Sheet		11
Cash Flow Statement		12
Notes to the Cash Flow Statement		13
Notes to the Financial Statements	14	to	22
Detailed Statement of Financial Activities	23	to	24

TRUSTEES	P A Beecroft
	D Pickersgill
	L P Webster
	R Phillips Finance Chairman
COMPANY SECRETARY	S Greener
REGISTERED OFFICE	Dyneley House
	Ailerton Hill
	Chapel Allerton
	Leeds
	LS7 3QB
REGISTERED COMPANY NUMBER	02450176 (England and Wales)
REGISTERED CHARITY NUMBER	328465
SENIOR STATUTORY AUDITOR	Christopher Darwin FCA
AUDITORS	Thomas Coombs Limited
	Statutory Auditor
	Chartered Accountants
	3365 The Pentagon
	Century Way
	Thorpe Park
	Leeds
	West Yorkshire
	LS15 8ZB

				2020	2019
		Operational	Other	Unrestricted	Total
				fund	funds
	Notes
INCOME AND ENDOWMENTS FROM
Donations, grants and legacies	2	49,733	52,711	102,444	2,700
Charitable activities	4
Operation of residential and sheltered accommodation		1,061,453		1,061,453	1,045,657
Other trading activities	3		28,099	28,099	28,509
Total		1,111,186	80,810	1,191,966	1,076,866
EXPENDITURE ON
Raising funds	5		11,385	11,385	8,566
Charitable activities	6
Operation of residential and sheltered accommodation		1,082,494		1,082,494	996,943
Total		1,082,494	11,385	1,093,879	1,005,509
Net gains on investments			20,531	20.531	27,888
NET INCOME		28,692	89,956	118,648	99,245
RECONCILIATION OF FUNDS
Total funds brought forward				3,690,877	3,591,632
TOTAL FUNDS CARRIED FORWARD				3,809,525	3,690,877

		2020	2019
		Unrestricted	Total
		fund	funds
	Notes	£	f
FIXED ASSETS
Tangible assets	13	2,279,823	2,303,309
Investments	14	1,324,285	1,257,121
		3,604,108	3,560,430
CURRENT ASSETS
Debtors	15	34,631	51,752
Cash at bank and in hand		214,545	118,825
		249,176	170,577
CREDITORS
Amounts falling due within one year	16	(43,759)	(40,130)
NET CURRENT ASSETS		205,417	130,447
TOTAL ASSETS LESS CURRENT LIABILITIES		3,809,525	3,690,877
NET ASSETS		3,809,525	3,690,877
FUNDS	18
Unrestricted funds		3,809,525	3,690,877
TOTAL FUNDS		3,809,525	3,690,877

		2020	2019
	Notes	E	£
Cash flows from operating activities
Cash generated from operations	1	147,243	75,948
Net cash provided by operating activities		147,243	75,948
Cash flows from investing activities
Purchase of tangible fixed assets		(4,889)	(65,972)
Purchase of fixed asset investments		(536,924)	(398,947)
Sale of tangible fixed assets			9,201
Sale of fixed asset investments		490,290	403,982
Net cash used in investing activities		(51,523)	(51,736)
Change in cash and cash equivalents in the
reporting period		95,720	24,212
Cash and cash equivalents at the beginning of
the reporting period		118,825	94,613
Cash and cash equivalents at the end of the
reporting period		214,545	118,825

RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
	2020	2019
		£
Net income for the reporting period (as per the Statement of Financial Activities)	118,648	99,245
Adjustments for:
Depreciation charges	28,376	11,403
Gain on investments	(20,531)	(27,888)
Profit on disposal of fixed assets		(2,082)
Decrease/(increase) in debtors	17,121	(2,983)
Increase/ (decrease) in creditors	3,629	(1,747)
Net cash provided by operations	147,243	75,948

	At 1/10/19	Cash flow	At 30/9/20
		E
Net cash
Cash at bank and in hand	118,825	95,720	214,545
	118,825	95,720	214,545
Total	118,825	95,720	214,545

Communal furnishings & equipment	33%	Straight line
Fixtures, fittings & equipment	25−33%	Straight line
Minibuses	25%	Reducing balance
Land and buildings	Nil

					2020	2019
Donations,	covenants	and	other	income	52,711	2,700
Grants					49,733
					102,444	2,700

	2020	2019
		£
Job retention scheme Income	18,798
Leeds City Council−Covid 19 support	30,935
	49,733

3.	OTHER TRADING ACTIVITIES
				2020	2019
				£
	Investment income			28,099	28,509
4.	INCOME FROM CHARITABLE ACTIVITIES
				2020	2019
		Activity		£
		Operation of residential and sheltered
	Income from residents	accommodation		1,061,453	1,045,657
5.	RAISING FUNDS
	Investment management costs
				2020	2019
	Portfolio management			11,385	8,566
6.	CHARITABLE ACTIVITIES COSTS
			Direct	Support
			Costs (see	costs (see
			note 7)	note 8)	Totals
	Operation of residential and sheltered
	accommodation		1,068,099	14,395	1,082,494
7.	DIRECT COSTS OF CHARITABLE ACTIVITIES
				2020	2019
				f	f
	Staff costs			732,924	657,271
	Rates and water			11,789	12,458
	Insurance			10,164	7,343
	Light and heat			44,566	44,054
	Telephone			7,076	5,993
	Postage and stationery			6,783	5,840
	Sundries including recruitment costs			23,468	27,794
	Residents food			45,035	44,107
	Cleaning and household expense			30,539	20,891
	Staff training			5,430	5,515
	Travel and motor			7,270	8,953
	Repairs and maintenance			66,963	86,560
	Service contracts			28,213	22,653
	Garden expenses			14,321	14,713
	Bad debts and released credits			(3,997)	276
	Affiliation fees			6,559	5,714
	Payroll			2,620	2,440
	Depreciation			28,376	11,403
	Loss on sale of assets				(2,082)
				1,068,099	981,896

SUPPORT COSTS
		Governance
	Finance	costs	Totals
Operation of residential and sheltered
accommodation	123	14,272	14,395
Support costs, included in the above, are as follows:
		2020	2019
		Operation
		of
		residential
		and
		sheltered	Total
		accommodation
		activities
		£
Bank charges		123	124
Auditors remuneration		7,387	7,610
Auditors' remuneration for non audit work		3,792	3,893
Legal fees		3,093	3,420
		14,395	15,047

	2020	2019
Auditors' remuneration	7,387	7,610
Auditors' remuneration for non audit work	3,792	3,893
Depreciation −owned assets	28,375	11,403
Surplus on disposal of fixed assets		(2,082)

STAFF COSTS
	2020	2019
	£
Wages and salaries	646,441	584,730
Social security costs	52,273	44,575
Other pension costs	34,210	27,966
	732,924	657,271
The average monthly number of employees during the year was as follows:
	2020	2019
Care staff	22	17
Administration	2	2
Managers/Scheme Managers	4	3
Support staff	7	6
	35	28

	Unrestricted
	fund
INCOME AND ENDOWMENTS FROM
Donations and legacies	2,700
Charitable activities
Operation of residential and sheltered
accomodation	1,045,657
Other trading activities	28,509
Total	1,076,866
EXPENDITURE ON
Raising funds	8,566
Charitable activities
Operation of residential and sheltered
accomodation	996,943
Total	1,005,509
Net gains on investments	27,888
NET INCOME	99,245

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES −conti	nued
	Unrestricted
	fund
RECONCILIATION OF FUNDS
Total funds brought forward	3,591,632
TOTAL FUNDS CARRIED FORWARD	3,690,877

TANGIBLE FIXED ASSETS
		Fixtures
	Freehold	and	Motor
	property	fittings	vehicles	Totals
COST
At 1st October 2019	2,200,327	310,063	105,201	2,615,591
Additions		4,889	−	4,889
At 30th September 2020	2,200,327	314,952	105,201	2,620,480
DEPRECIATION
At 1st October 2019		303,663	8,619	312,282
Charge for year		4,230	24,145	28,375
At 30th September 2020		307,893	32,764	340,657
NET BOOK VALUE
At 30th September 2020	2,200,327	7,059	72,437	2,279,823
At 30th September 2019	2,200,327	6,400	96,582	2,303,309

FIXED ASSET INVESTMENTS
	Listed
	investments
MARKET VALUE
At 1st October 2019	1,257,121
Additions	536,924
Disposals	(482,894)
Revaluations	13,134
At 30th September 2020	1,324,285
NET BOOK VALUE
At 30th September 2020	1,324,285
At 30th September 2019	1,257,121

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
		£
Fees and rents due	12,304	31,264
Other debtors	1,047	129
Prepayments and accrued income	21,280	20,359
	34,631	51,752
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
		£
Social security and other taxes	15,047	470
Other creditors	3,199	1,712
Accruals and deferred income	25,513	37,948
	43,759	40,130

	2020	2019
		£
Within one year	715	916
Between one and five years	715
In more than five years	1,430
	2,860	916

MOVEMENT IN FUNDS
			Net
		At	movement	At
		1/10/19	in funds	30/9/20
			£
Unrestricted funds
General fund		3,690,877	118,648	3,809,525
TOTAL FUNDS		3,690,877	118,648	3,809,525
Net movement in funds, included in the above	are as follows:
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	f	f	f	f
Unrestricted funds
General fund	1,191,996	(1,093,879)	20,531	118,648
TOTAL FUNDS	1,191,996	(1,093,879)	20,531	118,648
Comparatives for movement in funds
			Net
		At	movement	At
		1/10/18	in funds	30/9/19
Unrestricted funds
General fund		3,591,632	99,245	3,690,877
TOTAL FUNDS		3,591,632	99,245	3,690,877

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	f	f	f	f
Unrestricted funds
General fund	1,076,866	(1,005,509)	27,888	99,245
TOTAL FUNDS	1,076,866	(1,005,509)	27,888	99,245

		Net
	At	movement	At
	1/10/18	in funds	30/9/20
Unrestricted funds
General fund	3,591,632	217,893	3,809,525
TOTAL FUNDS	3,591,632	217,893	3,809,525

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	2,268,862	(2,099,388)	48,419	217,893
TOTAL FUNDS	2,268,862	(2,099,388)	48,419	217,893