2023-03-31-accounts - St Anne's Community Services

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Section				Page
Company Information
Chair's Welcome
Chief Executive's Welcome
Report ofthe Trustees	(incorporating		the Strategic Report)
Independent Auditors	Report			29
Statement of Comprehensive		Income		32
Statement ofChanges	in Reserves			33
Cash Flow Statement
Statement of Financial	Position			35
Notes to the Financial	Statements			36

their acc Republic	ounts in ac of Ireland.	ounts in ac of Ireland.	cordance	with	the Financial Reporting Standards applicable	the Financial Reporting Standards applicable	in	in	the UK and
St Anne's	Community		Services	is a	company limited by guarantee. It is registered		with		the Charity
Commission		and is also a registered			housing provider regulated by the Regulator		of	Social Housing
(RSH). Details ofthe			Trustees and other corporate information are set out below:
Board of	Trustees who served			during the year:
					A Sully (Chair) (appointed 16March 2021)
					BMachin (Vice Chair) (appointed 04 February			2020)
					J Adams (appointed 01 August 2022 resigned			11September 2023)
					CAshton (appointed 26 October 2022)
					M Bardle (appointed 06 September 2022)
					P Brown (resigned 31 July 2022)
					I Currell (resigned 31 July 2022)
					G Dalton (appointed 28 January 2020)
					P Garnett (resigned 31 July 2022)
					L Hancock (appointed 01 August 2022) 0 Laird (resigned 30December 2022)
					A Leech (appointed 16March 2021)
					J Riley (resigned 01 August 2022)
					A Topping (appointed 26 October 2022 resigned				26 April 2023)
					M Turnbull (appointed 08 February 2020)
					TWatters (appointed 04 February 2020)
Company	Registered		Number		1089026
Charity Commission			Number		502224
External	Auditors				Mazars LLP
					5th Floor, 3Wellington	Place,
					Leeds, LS1 4AP
Bankers					Unity Trust Bank pic
					Four Brindley Place,
					Birmingham, B12JB
Solicitors
					DAC Beachcroft LLP
					23 Park Square South,
					Leeds, LS1 2ND
					Bevan Brittan LLP
					7s Floor, Toronto Square, Toronto Street,
					Leeds, LS1 2HJ

Turnover					45,417	43,641	44,685	42,877	44,833
0 cretin	costs				46,562	43,138	45,097	43,311	45,214
Pension	ad	ustments*			387	337	532	491	793
Controllable		Su	lusl Deficit for the	ar	1 532	166	944	57	412

Ta ible fixed assets				16,494	15,539	13,210	13,452	13,619
Fixed asset investments				2	2	2	1,509	1,510
Net current assets				7,401	10,037	12,844	12,441	11,856
Total assets, less current	liabilities			23,897	25,578	26,056	27402	26,985
Creditors due after more than		1	ear	9,672	10,008	10,693	11,151	12,310
Net Pension liabilit					874	20,367	15,424	6,679
Total net assetsl liabilities				14,225	14,696	5,004	828	7,996
Reserves: General Chari	Fund			227	127	161	127	161
Investment revaluation
Revenue reserves				13,998	15,444	15,202	16,117	14,506
FRS 102 ension asset I liabili					874	20,367	15,424	6,679
Total Reserves				14225	14696	5004	828	7,996

Reinvestment	Reinvestment	13.5%	5.8%	6.4%	8.7%	17.3%	16.8%
New Supply		0.0%	2.2%	1.3%	0.0%	1.5%	0.0%
Gearing		N/A	11.6%	44.7%	N/A	N/A	N/A
EBITDA	MRI
Interest		N/A	119.7%	147.0%	N/A	N/A	N/A
Cover %
Headline
Housing	Cost	f71,258	810,254	F4,076	870,000	E78,535	881,338
Total
Operating
Margin: Social		6.9%	8.8%	23.7%	6.9%	0.9%	6.1%
Housing	%
Operating
Margin:		1.2%	9.5%	21.5%	0.2%	(2.5%)	0.3%
Overall %
ROCE%		2 Q%	39%	32%	)20%	(48%)	)2 Q%

Rent	arrears	6.2%	6.4%	6.0%
Voids		5.2%	7.6%	6.0%

Unrestricted reserves	Unrestricted reserves		14,225	14,696
Exclude functional	assets		16,494	15,539
Exclude deferred functional assets	grants	relating to	(9,930)	(10,254)
Exclude pension	asset /(liability)		0	(874)
Free reserves			7,661	10,285

Data used to calculate emissions	Data used to calculate emissions
Gas (kWh)		4,817,595	4,715,910
LPG (kwh)		67,833	84,592
Electricity (kWh)		1,281,178	1,416,462
Transport (kWh)		266,243	235,283
Transport (miles)		320,914	185,893
Scope 1 GHG Emissions	(kg COze)
Gas (Natural)		881,277	848,863
LPG		14,550	17,764
Company / Fleet Vehicles - Diesel		51,174	51,285
Company / Fleet Vehicles - Petrol		11,570	7,233
Total Scope 1 Emissions	(kg COae)	958,571	925,145
Scope 2 GHG Emissions	(kg CO&e)
Electricity (Grid Supplied)		265,299	273,915
Total Scope 2 Emissions	(kg COae)	265,299	273,915
Scope 3 GHG Emissions	(kg COae)
Grey Fleet		89,918	51,117
Total Scope 3Emissions	(kg CO&e)	89,918	51,117
Emissions Intensity Ratio
Total kg CO~a per 61.00of	Total Income	0.029	0.029

Statement of Comprehensive		Income
For the year ended 31 March		2023	Note	2023	2022
				E'000	8'000
Turnover				45,417	43,641
Operating costs				(46,562)	(43,138)
				(1,145)	503
Profit/(Deficit) on sale of housing		property	5	1	(40)
(Deficit) on loss of revaluation	of investments		5a	(33)
Operating (Deficit) / Surplus			7	(1,177)	463
Interest receivable and similar	income		6	219	82
Other finance interest			20	(19)	(417)
(Deficit) /,Surplus for the year				(977)	128
Other Comprehensive Income
Actuarial gain / (loss) in respect		of pension schemes	20	506	19,572
Total Comprehensive (Deficit)		/ Surplus for the year		(471)	19,700

For year ended 31 March 2023	Total
	6'000
Balance as at 31 March 2021	(5,004)
Total Comprehensive Surplus	19,700
Balance asat31 March 2022	14,696
Total Comprehensive Deficit	(471)
Balance asat 31 March 2023	14,225

Statement ofCash Flows
For year ended 31 March	2023	Note	2023	2022
			6'000	6'000
Net cash used in operating	activities	15	(1,296)	(1,504)
Cash flow from investing	activities
Acquisition and construction	of housing	properties	(1,069)	(339)
Purchase ofother tangible	fixed assets		(751)	(3,053)
Purchase of intangible fixed	assets			(26)
Proceeds from sale offixed assets				(33)
Capital Grants received			67
			(1,753)	(3,451)
Interest received and similar income			219	82
Net change in cash, cash deposits	equivalents	and money market	(2,832)	(4,873)
Cash, cash equivalents and money market deposits at beginning ofthe year			10,908	15,781
Cash, cash equivalents and money market deposits at end ofthe year			8,076	10,908

Statement of Financial	Position
For year ended 31 March 2023		Note	2023	2022
			E'000	6'000
Fixed Assets
Housing properties		8	9,595	8,699
Other tangible fixed assets		9	6,858	6,768
Intangible fixed assets		9	41	72
Fixed asset investments		10	2	2
			16,496	15,541
Current assets
Trade and other debtors		11	4,593	4,895
Investments		12	4,562	4,516
Cash and cash equivalents			3,514	6,392
			12,669	15,803
Creditors: amounts falling	due within one year	13	(5,268)	(5,766)
Net current assets			7,401	10,037
Total assets less current	liabilities		23,897	25,578
Creditors: amounts falling	due aRer more than one year	14	(9,672)	(10,008)
Provision for Liabilities		17
Net pension asset I (liability)		20		(874)
Total net assets I (liabilities)			14,225	14,696
Reserves
investment revaluation resene
Income and expenditure resene			14,225	14,696
Tots I reserves			14,225	14,696

For year ended	31 March	31 March	2023	2023	Turnover	Operating costs	Operating surplus I (deficit)
					E'000	E'000	E'000
Social housing	lettings				14,255	(14,120)	135
Other social housing		activities
St Anne's Centre					245	(289)	(44)
Respite Services					2,736	(2,250)	486
Tenancy support	- Other funding				17,314	(18,217)	(903)
Funded projects					1,216	(1,212)	4
Other					871	(1,255)	(384)
Total other social housing				activities	22,382	(23,223)	(841)
Non-social housing		activities
Lettings					8,319	(8,760)	(441)
Other					461	(459)	2
Total non-social	housing		activities		8,780	(9,219)	(439)
Grand total					45,417	(46,562)	(1,145)
For year ended	31 March		2022		Turnover	Operating costs	Operating surplus/ (deficit)
					E'000	f 000	E'000
Social housing	lettings				14,084	(13,106)	978
Other social housing		activities
St Anne's Centre					314	(246)	68
Respite Services					2,554	(2,357)	197
Tenancy support	- Other funding				16,894	(16,523)	371
Funded projects					1,177	(1,185)	(8)
Other					292	(599)	(307)
Total other social housing				activities	21,231	(20,910)	321
Non-social housing		activities
Lettings					7,927	(8,666)	(739)
Other					399	(456)	(57)
Total non-social	housing		activities		8,326	(9,122)	(796)
Grand total					43,641	(43,138)	503

For year ended 31	March	2023				Hostels & Supported Housing	Residential Care Homes	2023 Total	2022 Total
						E'000	E'000	E'000	E'000
Turnover from social housing			lettings
Rent receivable net charges	of identifiable		service			1,856	6,163	8,019	7,420
Service income						1,938		1,938	2,767
Charges for support	services					1,319		1,319	783
Net rental income						5,113	6,163	11,276	10,970
Revenue grants									1
Other income						1,184	1,642	2,826	2,967
Amortisation of government		grants				92	61	153	146
Turnover from social housing			lettings			6,389	7,866	14,255	14,084
Expenditure on social housing			lettings
Management and care						(4,475)	(7,066)	(11,541)	(10,545)
Services						(608)	(560)	(1,168)	(1,132)
Routine maintenance						(896)	(428)	(1,324)	(1,349)
Bad debt						80	7	87	(80)
Operating costs on social		housing		lettings		(6,059	8,061	14,120	13,106
Operating surplus	on social housing				lettings	330	195	135	978
Void losses						(757)	(333)	(1,090)	(549)

				2023 No.		Units taken out of use	2022 No.
Social housing
Supported housing		and hostels		273	1	-	272
Residential care	homes			139	6		133
Total owned				412	7	~	405
Accommodation	managed		for others	76	-	-	76
Total managed				488	7	-	481
Non-social housing
Registered nursing		homes		83	-	-	63
Total owned				83			83
Accommodation	managed		for others
Total managed				83			83

FUNDRAISING
		2023	2022
		f'000	f'000
Gifts and donations	received	122	107
Direct charitable expenditure		0	(21)
Transfer to general	charity fund	122	86

3.KEY MANAGEMENT PERSONNEL	3.KEY MANAGEMENT PERSONNEL	3.KEY MANAGEMENT PERSONNEL	3.KEY MANAGEMENT PERSONNEL	3.KEY MANAGEMENT PERSONNEL
								2023	2022
								f'000	f'000
Emoluments	of	the organisation's		key management			personnel
(salary, pension		contributions, employer's			national	insurance
and benefits	in	kind)
Compensation	for loss of		office					0	0
Emoluments	of	the highest	paid	employee	(excluding		pension
contributions)

	2023	2022
	No.	No.
660,001 - 670,000	3	4
F70,001 - F80,000	1	1
680,001- F90,000		2
690,001 - 6100,000		2
F100,001 - 6110,000
6110,001 - 6120,000
6120,001 - Et30,000
F130,001 - F140,000
6150,001 - 6160,000
6170,001 - 6180,000
F180,001 - F190,000

		2023	2022
		6	6
Total expenses* reimbursed	to the directors of the
organisation

Average monthly number equivalent of37.5 houra	Average monthly number equivalent of37.5 houra	of employees	expressed	2023	2022
				No.	No.
Finance and administration	staff			66	72
Maintenance and housing	staff			8	8
Care staff				1,025	1,034
				1,101	1,114
Headcount average:				2023	2022
				No.	No.
Finance and administration	staff			72	75
Maintenance and housing	staff			8	8
Care staff				1,219	1,231
				1,299	1,314
Employee costa				2023	2022
				6'000	6'000
Staffcosts (for the above persons)
Wages and salanes				34,574	31,740
Social security costs				2,509	2,380
Other pension costs				984	1,125
				38,067	35,245
5.SURPLUS l(DEFICIT) ON DISPOSAL OF HOUSING PROPERTIES
				2023	2022
				6'000	6'000
Disposal proceeds				1	(31)
Carrying urlue ofasset					(9)
				1	(40)
Sa. SURPLUS l(DEFICIT) ON		REVALUATION	OF INVESTMENTS	(33)
				(33)
6.INTEREST RECEIVABLE AND SIMILAR INCOME				2023	2022
				8'000	8'000
Interest Receivable				96	66
Fundraising and Donations				123	16
				219	82

				2023	2022
				K'000	6'000
Depreciation offreehold housing	property			280	230
Depreciation of other fixed assets				451	408
Auditors' remuneration (excluding	VAT):
Fees payable for the financial statement		audit		53	41
Overprovision for previous year				(16)
Fees for other audit services: audit of subsidiary			accounts	4	3
Total audit services				41	44
Tax compliance services				13	13
Total non-audit services				13	13
Operating leases
- Land & buildings				216	216
- Other				255	423

			Freehold
			housing
			property
			6'000
Cost
Balance	at 1 April 2022		14,643
Additions	to existing	properties	1,069
Transfers			239
Disposals			(223)
Balance	at 31 March 2023		15,928
Depreciation
Balance	at 1 April 2022		6,144
Charge for the year			280
Disposals			(91)
Balance	at 31 March 2023		6,333
Net book	value at 31 March 2023		9,595
Net book	value at 31	March 2022	8,699

					2023	2022
					6'000	f.'000
Expenditure		on works to existing	properties:
Improvement		works capitalised			1,069	339
Amount	charged to income and		expenditure	account	590	662
					1,659	1,001

					2023	2022
					E'000	E'000
Balance at 1 April					10,254	10,938
Received	in year				67
Amortised	within Statement		ofComprehensive	Income	(133)	(241)
Released	on disposal				(258)	(443)
Balance	at 31 March				9,930	10,254
Recognised in:
Creditors:	amounts	falling due within one year			258	247
Creditors:	amounts	falling due aRer more than		one year	9,672	10,007
					9,930	10,254

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Interest in	subsidiary
Investment	fund plans, at valuation

Investment Fund Plans
Market value at 1 April 2022
Disposals
Additions
Change in market value

2023	2022
f'000	f'000
	f'000

			2023	2022
			6'000	6'000
Arrears of rent			909	683
Less: Provision for bad and		doubtful debts	(199)	(132)
			710	551
Invoiced debtors			3,150	3,633
Other debtors			157	152
Prepayments and accrued	income		574	485
Amounts owed by subsidiary		company	2	74
			4,593	4,895
12.CURRENT ASSET INVESTMENT
			2023	2022
			E'000	6'000
Money market deposits			4,070	3,991
Listed investment fund			492	525
Current asset investments			4,562	4,516

			2023	2022
			6'000	6'000
Trade creditors			1,977	1,884
Pension	contributions		13	167
Other creditors			213	420
Accruals	and deferred	income	2,247	2,512
Other taxation and social security			560	536
Deferred	capital grant	income	258	247
			5,268	5,766

			2023	2022
			F000	6'000
Otherloan				1
Deferred	grant	income	9,672	10,007
			9,672	10,008

		2023	2022
Deferred	Grant Income:	000	6'000
At 1 April	2022	10,254	10,938
Received	in year	67
Repaid in	year	(133)	(443)
Released	to income	(258)	(241)
At 31 March 2023		9,930	10,254
Released	in one year	258	247
Released	in more than one year	9,672	10,007
		9,930	10,254

			2023	2022
			f'000	6'000
(Deficit) / Surplus for the year			(471)	19,700
Interest Receivable	and Similar Income		(219)	(82)
Depreciation			732	638
Surplus on disposal	of fixed assets		0	40
Amortisation/Release		of grants	(258)	(241)
(Increase) / Decrease		in debtors	302	(1,922)
(Decrease) / Increase		in creditors	(510)	(144)
FRS102Pension Adjustment			(874)	(19,493)
			(1,298)	(1,504)

	2023		2022
	Land and buildings	Other	Land and buildings	Other
	f'000	f'000	f'000	f'000
Leases expiring:
In one year or less	204	154	198	127
Between one and five years	12	102	18	296
	216	255	216	423

	2023	2022
	Land and	Land and
	buildings	buildings
	f'000	f'000
Leases expiring:
In one year or less	44	56
Between one and five years	122	98
	166	154

				31-Mar-23	31-Mar-22	31-Mar-21	31-Mar-20
				%per annum	'%%dper annum	'/o per annum	'/o per annum
Rate of increase	in	salaries		3.95	2.2	3.0	2.2
Rate of increase	in	pensions	in payment	2.7	3.0	2.7	1.9
Discount rate				4.7	2.7	2.1	2.3
Inflation assumption		- RPI
Inflation assumption		- CPI		2.7	3.0	2.7	1.9

		2023	2022
		'/s per annum
Retiring	today:
Males		21.6	21.6
Females		24.6	24.6
Retiring	in 20years:
Males		22.9	22.5
Females		25.7	25.7

Amounts	recognised	in the Statement	in the Statement	of	financial	financial
							2023	2022
							6'000	K'000
Present	value of funded		obligations				(76,666)	(106,981)
Fair value of plan assets							105,211	106,107
Net pension asset / (liability)							28,545	(874)
Less notional surplus		not recognised					(28,545)
Net pensions recognised in the Statement					of financial position			(874)
Amounts	recognised	in surplus or deficit
							2023	2022
							6'000	E'000
Current service cost							54	236
Past service cost
Amounts	charged to	operating costs						236
Interest on net defined		benefit liability					19	416
Amounts	charged to	other finance costs					19	416
Amounts	recognised	in other comprehensive				income
							2023	2022
							6'000	6'000
Actuarial	gains on liabilities						30,398	10,859
Actuarial	gains / (losses)		on assets				1,347	8,449
Net amount recognised			in other comprehensive			income	29,051	19,308
Changes	in present value of defined			benefit obligations:
							2023	2022
							f'000	E'000
Opening	defined benefit		obligation				106,981	118,784
Current service cost							54	236
Interest cost							2,851	2,441
Actuarial	(gains) / losses		on liabilities				(30,398)	(10,859)
Benefits/transfers paid							(2,832)	(3,659)
Member	contributions						10	38
Closing	defined benefit		obligation				76,666	106,981

scheme		ass	ets:
					2023	2022
					E'000	E'000
Opening		fair	value of assets		106,107	98,417
Interest	income on scheme assets				2,832	2,289
Actuarial		gains on assets			(1,347)	8,449
Contributions			by employer		441	573
Member		contributions			10	38
Net benefits			paid		(2,832)	(3,659)
Closing	defined benefit obligation				105,211	106,107
Major categories of plan assets as a percentage				of total plan assets:
					2023	2022
Equities					80.80'/o	79.80'/o
Property					3 30o/o	4 pp/o
Government			Bonds		6 9Q'/	7.40'/a
Corporate		Bonds			4 6Q'/0	4 SP'/
Cash					2.30'/a	2.90'/a
Other					2.10'/o	1.10/o
					10000'/	10000'/
					2023	2022
					E'000	E'000
Actual return			on plan assets		1,485	8,991

					2023	2022
					6'000	6'000
Financial	Assets at amortised			cost
Rent and	Service Charges		receivable		710	551
Invoiced	Debtors				3,150	3633
Other debtors					157	152
Accrued	Income				170	162
					4,187	4,498
Financial	liabilities at	amortised		cost
Trade creditors					1,977	1,884
Other creditors					213	420
Deferred	capital grant				258	247
Accruals	and deferred	income			2247	2,512
Other taxation and social			security		560	536
Pension	contributions				13	167
					5,268	5,766