2021-09-30-accounts - Greendown Trust

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TRUSTEES	P A Beecrott
	D Pickersgig
	L PWebster
	R Phillips Finance Chairman
	5garnes (appointed	31/3/21)
COMPANY SECRETARY	5Greener (resigned	23/12/21)
	ATomenson (appointed		23/12/21)
REGISTERED OFFICE	Dyneley House
	Allerton Hill
	Chapel Agerton
	Leeds
	L57 3QB
REGISTERED COMPANY NUMBER	02450176 (England	and	Wales)
REGISTERED CHARITY NUMBER	328465
SENIOR STATUTORY AUDITOR	Christopher Darwin	FCA
AUDITORS	Thomas Coombs Limited
	5'tat u'tory Auditor
	Chartered Accountants
	3365The Pentagon
	Century Way
	Thorpe Park
	Leeds
	West Yorkshire
	L515BZB

					2021	2020
					Unrestricted	Total
					fund	funds
				Notes	E	6
INCOME AND ENDOWMENTS		FROM
Donations, legacies and	grants				48,792	102,444
Charitable activities				4
Operation ofresidential	and sheltered		accomodation		930,972	1,061,453
Other trading activities					32,255	28,099
Total					1,012,019	1,191,996
EXPENDITURE ON
Raising funds					6,139	11,385
Charitable activities
Operation of residential	and sheltered		accomodation		1,149,238	1,082,494
Total					1,155,377	1,093,879
Net gains on investments					76,937	20,531
NET INCOME/(EXPENDITURE)					(66,421)	118,648
RECONCILIATION OF FUNDS
Total funds brought forward					3,809,525	3,690,877
TOTAL FUNDS CARRIED	FORWARD				3,743,104	3,809,525

			2021	2020
			Unrestricted	Total
			fund	funds
		Notes	E	6
FIXEDASSETS
Tangible assets		13	2,258,561	2,279,823
Investments		14	1,349,809	~1,3Z4285
			3,608,370	3,604,108
CURRENT ASSETS
Debtors		15	47,383	34,631
Cash at bank	and in hand		~132834	~ZZ4 545
			180,217	249,176
CREDITORS
Amounts falling due within one year		16	(45,483)	(43,759)
NET CURRENT ASSETS			134,734	205,417
TOTAL ASSETSLESSCURRENT LIABILITIES			3,743,104	3,809,525
NET ASSETS			3,743,104	3,809,525
FUNDS		18
Unrestdcted	funds		3,743,104	3,809,525
TOTAL FUNDS			~3743,104	3,809,525

					2021	2020
				Notes	E	6
Cash flows from operating	activities
Cash generated from operations					(132,324)	147,243
Net cash (used in)/provided	by operating		activities		(132,324)	147,243
Cash flows from Investing	activities
Purchase oftangible fixed	assets				(800)	(4,BB9)
Purchase offixed asset investments					(515,695)	(536,924)
Sale offixed asset investments					567,108	490,290
Net cash provided by/(used	in) investing		activities		50,613	(51,523)
Change in cash and cash equivalents		in the
reporting period					(81,711)	95,720
Cash and cash equivalents	atthe beginning			of
the reporting pedod					214,545	118,825
Cash and cash equivalents	atthe end	ofthe
reporting period					132,834	214,545

RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	RECONCILIATION OF NET (EXPENDITURE)/INCOME	TO NET CASH FLOW FROM OPERATING ACTIVITIES
			2021 E	2020f
Net (expenditure) fincome	for the reporting	period	(asper the Statement of
Financial Activities)			(66,421)	118,648
Adjustments for:
Depreciation charges			22,062	28,376
Gain on investments			(76,937)	(20,531j
(Increase)/decrease in debtors			(12,752)	17,121
Increase in creditors			1,724	3,629
Net cash (used in)/provided	by operations		(132,324)	147,243
ANALYSIS OF CHANGES IN	NET FUNDS

	At 1/10/20	Cash flow	At30/9/21
	E	f	E
Net cash
Cash at bank and in hand	214,545	(81,711)	132,834
	214,545	(81,711)	132,834
Total	214,545	(81,711)	132,834

DONATIONS,	DONATIONS,	LEGACIES AND GRANTS
			2021 E	2020f
Donations,	covenants	and other income	1,836	52,711
Grants			46,956	49,733
			43,792	102,444

2.	DONATIONS,	LEGACIES AND GRANTS - continued	LEGACIES AND GRANTS - continued	LEGACIES AND GRANTS - continued
	Grants received, included		in the	above, are as follows:
							2021 E	2020f
	Iob retention	scheme income					12,252	18,798
	Leeds City Council-Covid		19support				34,704	30,935
							46,956	49,733
3.	OTHER TRADING ACTIVITIES
							2021 f	2020f
	Investment income						32,255	28,099
	INCOIIIIE FROllil CHARITABLE ACTIVIITES
				Activity			2021f	2020f
				Operation ofresidential	and sheltered
	Income from	residents		accomodation			930,972	1,061,453
5.	RAISING FUNDS
	Investment management		costs
							2021	2020
							f	E
	Portfolio management						6,139	11,385
6.	CHARITABLE	ACTIVITIES	COSTS
						Direct	Support
						Costs (see	costs (see
						note 7) f	note 8) f	Totals f
	Operation of	residential	and sheltered
	accomodation					1,134,585	14,653	1,149.238

						2021 f	2020f
Staff costs						781,910	732,924
Rates and	water					10,500	2 C789
Insurance						10,027	20,264
Light and	heat					41,469	44,566
Telephone						7,503	7,076
Postage and stationery						9,184	6,783
Sundries including		recruitment		costs		27/04	23,468
Residents	food					362PIS	45,035
Cleaning and household			expense			32,166	30,539
Staff training						3,189	5,430
Travel and motor						7,107	7,270
Repairs and maintenance						94,383	66,963
Service contracts						33,147	28,223
Garden expenses						15,127	24,322
Bad debts	and released		credits			1,296	(3,997)
Affiliation	fees					7,905	6,559
Payroll						3,358	2,620
Depreciation						22,062	28,376
						1,134,585	2,068,099
SUPPORT	COSTS
						Governance
					Finance	costs	Totals
					f	f	f
Operation	of residential		and sheltered
accomodation						14,251	14,653
Support costs, included			in the above, are asfollows:
						2021	2020
						Operation
						of
						residential
						and
						sheltered	Total
						accomodation	activities
						E	f
Bank charges						402	223
Auditors'	remuneration					7,367	7,3S7
Auditors'	remuneration		for non	audit work		4,153	3,792
Legal fees						2,731	3,093
						14,653	24,395

			2021f	2020
Auditors'	remuneration		7,367	7,387
Auditors'	remuneration	for non audit work	4,153	3,792
Depreciation - owned		assets	22,062	28,375

STAFF	COSTS
		2021f	2020 E
Wages	and salaries	688,396	646,441
Social	security costs	57,075	52,273
Other	pension costs	36,439	34,210
		781,910	732,924

		2021	2020
Care staff		24	22
Administration		2	2
Managers/Scheme	Managers	4	4
Support staff		6	7
		36	35

COMPARATIVES FOR TH	E STA	TEMENT OF FINANCIAL ACTIVITIES
			Unrestricted
			fund
			E
INCOME AND ENDOWMENTS		FROM
Donations, legacies and	grants		102,444
Charitable activities
Operation ofresidential	and sheltered
accomodation			1,061,453
Other trading activities			~28099
Total			1,191,996
EXPENDITURE ON
Raising funds			11,385
Charitable activities
Operation ofresidential	and sheltered
accomodation			1,082,494
Total			1,093,879
Net gains on investments			20,531
NET INCOME			118,648
RECONCILIATION OF FUNDS
Total funds brought forward			3,690,877
TOTAL FUNDS CARRIED	FORWARD		3,809,525

TANGIBLE FIXEDASSETS
			Fixtures
		Freehold	and	Motor
		property	fittings	vehicles	Totals
		E	E	E	E
COST
At 1stOctober 2020		2,200,327	314,952	105,2D1	2,620,480
Additions			800		$00
At 30th September 2021		2,200,327	315,752	105,201	2,621,280
DEPRECIATION
At 1stOctober 2020			307,$93	32,764	340,657
Charge for year			3,953	18,109	22,062
At 30th September 2021			311,846	50,873	~362719
NET BOOK VALUE
At 30th September 2021		2,200,327	3,906		2,25$,561
At 30th September 2020		2,200,327	7,059	72,437	2,279,823
FIXEDASSET INVESTMENTS
					Listed
					investments
					E
MARKET VALUE
At 1stOctober 2020					1,324,285
Additions					515,695
Disposals					(526,393)
Revaluations					36,222
At 30th September 2021					1,349,809
NET BOOK VALUE
At 30th September 2021					1349 809
At 30th September 2020					1,324,285
There were no investment	assets outside the UK.

							2021 f	2020f
Fees and	rents due						24,548	12,304
Other debtors							156	1,047
Prepayrnents		and accrued income					22,679	21,260
							47,383	34,631
CREDITORS:		AMOUNTS		FALLING DUE WITHIN ONE YEAR
							2021 f	2020f
Social security and other				taxes			16,495	15,047
Other creditors							3,040	3,199
Accruals	and	deferred	income				25,948	25,513
							45,483	43,759
LEASING	AGREEMENTS
Minimum	lease payments			under non-cancellable	operating	leases fall due as follows:
							2021	1020
							f	f
Within one year							715	715
Between	one	and five	years				1,430	2,145
							2,145	2,860
MOVEMENT		IN FUNDS
							Net
						At	movement	A\|
						1/10/20	in funds	30/9/21
						f	f
Unrestricted		funds
General	fund					3,809,525	(66,421)	3,743,104
TOTAL FUNDS						3,809,525	(66.421)	3,743,104

				Incoming	Resources	Gains and	Movement
				resources f	expended f	losses f	in funds f
Unrestricted		funds
General	fund			1,012,019	(1,155,377)	76,937	(66A22)
TOTAL	FUNDS			1,012,019	(1,155,377)	76,937	(66,421)
Comparatives		for movement	in funds
						Net
					At	movement	At
					1/10/19	in funds	30/9/20
					f	f
Unrestricted		funds
General	fund				3,690,877	118,648	3,809,525
TOTAL	FUNDS				3,690,877	118,648	3,809,525
Comparative		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

			Net
		At	movement	At
		1/10/19	in funds	30/9/21
		f	f	f
Unrestricted	funds
General fund		3,690,877	52,227	3,743,104
TOTAI. FUNDS		3,690,877	52,227	3,743,104

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		E	E	E	E
Unrestdicted	funds
General fund		2,204,015	(2,249,256)	97,468	52,227
TOTALFUNDS		2,204,015	(2 249 256)	97468	52,227

					2021 f	2020f
INCOME AND ENDOWMENTS
Donations, legades	and		grants
Donations, covenants		and other income			1,836	52,711
Grants					46,956	49,733
					48,792	102,444
Other trading activities
Investment income					32,255	28,099
Charitable activities
Income from residents					930,972	1,061,453
Total incoming resources					1,012,019	1,191,996
EXPENDITURE
Investment management			costs
Portfolio management					6,139	11,385
Charitable activities
Wages					688,396	646,441
Social security					57,075	52,273
Pensions					36339	34,210
Rates and water					10,500	11,789
Insurance					10,027	10,164
Light and heat					41369	44,566
Telephone					7,503	7,076
Postage and stationery					9,184	6,783
Sunddies including	recruitment			costs	17304	23,468
Residents food					36,848	45,035
Cleaning and household			expense		32,166	30,539
Staff training					3,189	5,430
Travel and motor					7,107	7,270
Repairs and maintenance					94,383	66,963
Service contracts					33,147	28,213
Garden expenses					15,127	14,321
Bad debts and released			credits		1,296	(3,997)
Affiliation fees					7,905	6,559
Payroll					3,358	2,620
Fixtures and Fittings	depreciation				3,953	4,230
Motor vehicles depreciation					18,109	24,146
					1,134,585	1,068,099
Support costs
Finance
Bank charges					402	123

			2021	2020
			6	6
Finance
Governance costs
rtuditors' remuneration			7,367	7,387
Auditors' remuneration Legalfees		for non audit work	4,153 2,731	3,792 ~3093
			14,251	14,272
Total resources expended			1,155,377	1,093,879
Net (expenditure)/income		before gains and losses	(143,358)	98,117
Realised recognised gains		and losses
Realised and unrealised	gains/ (losses)		76,937	20,531
Net (expenditure)/income			(66,421)	118,648