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2021-12-31-accounts
|
Page |
Page |
| Report of the Trustees and Strategic Report |
I |
— 12 |
| Report of the Independent Auditors |
13—16 |
|
| Statement of Financial Actfvities |
|
17 |
| Balance Sheet |
|
18 |
| Cash Flow Statement |
|
19 |
| Notes to the Cash Flow Statement |
|
20 |
| Notes to the Financial Statements |
21 |
—28 |
|
Director |
Integrated |
Finance and |
Capital |
Workforce |
| Committees |
Appointments |
Governance |
Audit |
Development |
and |
|
|
|
|
|
Remuneration |
| Mr C Barratt |
Chair |
x |
x |
|
x |
| Mr C Brid9e |
|
Chair |
X |
|
|
| Ms C Dodwell |
|
|
|
Chair |
|
| Mr R G Hammond |
X |
|
|
X |
Chair |
| DrCSlnce |
X |
x |
|
|
|
| Mr L Marlow |
|
|
Chair |
X |
x |
| Ms S Watson |
|
x |
|
|
|
| Mr N Smillie |
|
x |
|
|
|
| Mr A Appleton |
|
|
|
X |
|
|
|
2021 |
2020 |
|
|
Unrestricted |
Unrestricted |
|
|
funds |
funds |
|
|
£ |
£ |
|
Notes |
|
|
| INCOME |
|
|
|
| DonatiQns and legacies |
|
3,483 |
- |
| Investment income |
4 |
- |
- |
| Incoming resources from charitable activities |
|
|
|
| Medical services provided |
5 |
13,448,758 |
9,826,734 |
| Other income |
|
117,955 |
64,387 |
| Total income |
|
13,570,196 |
9,891,121 |
| EXPENDITURE |
|
|
|
| Charitable activities |
|
|
|
| Medical services provided |
6 |
14,224,294 |
10,797,843 |
| Total expenditure |
|
14,224,294 |
10,797,843 |
| NET (EXPENDITURE)/INCOME |
|
(654,098) |
(906,722) |
| Total funds brought forward |
|
12,090,140 |
12,996,862 |
| TOTAL FUNDS CARRIED FORWARD |
|
11,436,042 |
12,090,140 |
|
|
2021 |
|
2020 |
|
|
Unrestricted |
|
Unrestricted |
|
|
funds |
|
funds |
|
Notes |
£ |
|
£ |
| FIXED ASSETS |
|
|
|
|
Intangible assets
Tangible assets
Total Fixed Assets |
13
14 |
15471
11,911,086
11,926,557 |
|
26,076
12,423,204
12,449280 |
CURRENT ASSETS
Stocks
Debtors; amounts falling due within one year
Cash at bank |
15
16 |
280,419
1766,359
20 |
- |
353,188
1236.656
522,172 |
|
|
2.506.598 |
|
2,112,016 |
CREDITORS
Amounts falling due within one year |
17 |
Jj7,91) |
_J980,956) |
|
| NETCURRENTASSETS |
|
848,686 |
|
1.031.060 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
12,775,242 |
|
13,480.340 |
CREDITORS
Amounts falling due after more than one year |
18 |
(1,339,200) |
|
(1,390,200) |
| NET ASSETS |
|
11,436,042 |
|
i290,140 |
FUNDS
Unrestricted funds |
20 |
11436,042 |
|
12090,140 |
| TOTAL FUNDS |
|
11,436,042 |
|
12,090,140 |
|
|
2021 |
2020 |
|
Notes |
£ |
£ |
| Cash flow from operating activities |
|
|
|
| Net cash (used inprovided by operating activities |
a |
(61,883) |
(597241) |
| Cash flows from investing activities |
|
|
|
| Purchase of intangible assets |
|
- |
(7,936) |
| Purchase of property, plant and equipment |
|
(468) |
(220692) |
| Interest received |
|
|
- |
| Net cash used in investing activities |
|
(468) |
(228628) |
| Cash flows from financing activities |
|
|
|
| Loan drawn down |
|
- |
600.000 |
| Net cash from investing activities |
|
- |
600,000 |
| Change in cash and cash equivalents in the reporting period |
|
(62,352) |
(225,869) |
| Cash and cash equivalents at the beginning of the reporting |
|
522,172 |
748,041 |
| period |
|
|
|
| Cash and cash equivalents at the end of the reporting |
b |
459.820 |
522,172 |
| period |
|
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Net (expenditure)/income for reporting period (as per the |
(654097) |
(906722) |
|
statement of financial activities) |
|
|
|
Amortisation of intangible assets |
10,605 |
17,428 |
|
Depreciation charges |
512586 |
530,537 |
|
Interest received |
- |
|
|
(lncrease)/decrease in stocks |
72770 |
(29,080) |
|
Decrease/Oncrease) in debtors |
(526,100) |
27.369 |
|
(Increase) in prepayments |
(3.6C3) |
- |
|
(Decrease)/increase in creditors |
426.956 |
(236,773) |
|
Sales of lease of Bungalow |
99,000 |
- |
|
Net cash provided by operating activities |
(61,883) |
(597.241) |
| b. |
ANALYSIS OF CASH AND CASH EQUIVALENTS |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Cash |
459,820 |
522,172 |
| ANALYSIS OF CHANGES IN NET DEBT |
|
|
|
|
At |
|
At31 |
|
1 January |
Cash flow |
December |
|
2021 |
|
2021 |
|
£ |
£ |
£ |
| Net cash: |
|
|
|
| Cash at bank |
522,172 |
62,352 |
459,820 |
| Bank Loan due in greater than one year |
|
|
- |
|
522,172 |
62,352 |
459,820 |
| 3. |
DONATIONS AND LEGACIES |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Legacies and Donations |
3,483 |
- |
| 4. |
INVESTMENT INCOME |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Bank interest |
|
|
| INCOMI |
NG RES |
OURCES FROM CHARIT |
ABLE ACTIVITIES |
|
|
|
|
2021 |
2020 |
|
|
|
£ |
£ |
| Medical |
services |
provided |
13,448,758 |
9,826,734 |
|
Direct Medical |
Support costs |
Governance |
Total |
Total |
|
costs |
(see note 12) |
Costs (see |
2021 |
2020 |
|
(see note 7) |
|
note 8) |
|
|
|
£ |
£ |
£ |
£ |
£ |
| Medical services |
11,220,780 |
2976,392 |
27,122 |
14,224,294 |
10,797,843 |
| Provided |
|
|
|
|
|
|
2021 |
2020 |
|
£ |
£ |
| Staff costs |
3,225,011 |
2,871,466 |
| Direct medical costs |
6,974,699 |
4,051,503 |
| Insurance |
576,609 |
333,167 |
| Patient services |
119,098 |
111,108 |
| Medical Equipment Maintenance and Repair |
325,364 |
278,146 |
|
11,220,780 |
7,645,390 |
|
2021 |
2020 |
|
£ |
£ |
| Auditors’ remuneration |
27.122 |
20.880 |
| NET (EXPENDITURE)/INCOME |
|
|
| Net (expendsture)/income is stated after charging/(crediting): |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Amortisation of intangible assets |
10.605 |
17.428 |
| Depreciation of owied assets |
512586 |
530.537 |
|
|
2021 |
|
2020 |
|
|
£ |
|
£ |
| Salaries and wages: |
|
|
|
|
| - |
Nursing and other clinical staff |
2,564,163 |
|
2,509237 |
| — |
Housekeeping, catering and maintenance |
496,264 |
|
509,638 |
| — |
Management and administration |
1,223,899 |
- |
1,163.997 |
|
|
4,284.326 |
|
4,182,872 |
| Wage |
and salaries |
3,868,175 |
|
3,781,420 |
| Social |
security costs |
316,232 |
|
305,739 |
| Pension costs |
|
99,919 |
|
95,713 |
|
|
4,284,326 |
|
4,182,872 |
| The following number of employees received remuneration falling within the |
The following number of employees received remuneration falling within the |
following ranges: |
|
2021 |
2020 |
|
Number |
Number |
| £100,001 -110,000 |
1 |
1 |
|
2021 |
2020 |
| Nursing and other clinical |
102 |
112 |
| Management, clerical and domestic |
97 |
95 |
|
199 |
207 |
|
2021 |
2020 |
|
£ |
£ |
| Management |
1,590,405 |
1,813,105 |
| Finance |
103,307 |
70,490 |
| Information Technology |
363,688 |
305,652 |
| Property |
918,992 |
942,327 |
|
2,976,392 |
3,131,573 |
| INTANGIBLE FIXED ASSETS |
|
|
Total |
|
Software |
|
£ |
| COST |
|
| Ati January2021 |
118,503 |
| Additions |
|
| At 31 December 2021 |
118,503 |
| DEPRECIATION |
|
| At 1 January 2021 |
92,427 |
| Charge for year |
10,605 |
| At 31 December 2021 |
103,032 |
| NET BOOK VALUE |
|
| At 31 December 2021 |
15,471 |
| At 31 December 2020 |
26,076 |
|
|
|
|
Medical |
|
|
|
|
|
Equipment, |
|
|
|
Freehold
land |
Freehold
property |
Fixtures,
Fittings, |
Total |
|
|
|
|
Computer |
|
|
|
|
|
Equipment |
|
|
|
£ |
£ |
£ |
£ |
| COST |
|
|
|
|
|
| At |
1 January 2021 |
3,366,366 |
8,806,318 |
3,297,786 |
15,470,470 |
| Additions |
|
|
|
468 |
468 |
| At |
31 December 2021 |
3,366,366 |
8,806,318 |
3,298,254 |
15,470,938 |
| DEPRECIATION |
|
|
|
|
|
| At |
1 January 2021 |
- |
1,189,012 |
1,858,254 |
3,047,266 |
| Charge for year |
|
- |
178,440 |
334,146 |
512,586 |
| At |
31 December 2021 |
- |
1,367,452 |
2,192,400 |
3,559,852 |
| NET BOOK VALUE |
|
|
|
|
|
| At |
31 December2021 |
3.366.366 |
L4I |
L1QL4 |
11.911.086 |
| At |
31 December2020 |
3.366,3 |
7.617,306 |
.1,439.532 |
12.423,204 |
| STOCKS |
|
|
|
|
|
|
|
2021 |
2020 |
|
|
|
£ |
£ |
| Consumable |
medical |
supplies |
254,543 |
326,910 |
| Pharmacy |
|
|
25,876 |
26,278 |
|
|
|
280,419 |
353,188 |
|
2021 |
2020 |
|
£ |
£ |
| Trade debtors |
1419625 |
872562 |
| Prepayments and accrued income |
346734 |
364.094 |
|
1766359 |
1.236.656 |
|
2021 |
2020 |
|
£ |
£ |
| Trade creditors |
803,841 |
498,915 |
| Social security and other taxes |
97,810 |
95,807 |
| Accruals and deferred income |
606,261 |
486,234 |
| CBILS Loan (Note 19) |
150,000 |
|
|
1,657,912 |
1,080,956 |
|
|
2021 |
2020 |
|
|
£ |
£ |
| CBILS |
Loan (Note 19) |
450,000 |
600,000 |
| Lease |
deposits |
889,200 |
790,200 |
|
|
1,339,200 |
1,390,200 |
| OVEMENT IN |
FUNDS |
|
|
|
|
|
|
|
At |
Incoming |
Resources |
Funds |
Gains |
|
At |
|
January |
Resources |
Expended |
transferred |
and |
|
December |
|
2021 |
|
|
|
Losses |
|
2021 |
|
£ |
£ |
£ |
£ |
£ |
|
£ |
| Unrestricted |
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
| General fund |
12,090,140 |
13,570,196 |
14,224,294 |
- |
|
- |
11,436,042 |
| Total Funds |
12,090,140 |
13,570.196 |
14,224,294 |
- |
|
- |
11,436,042 |
| 21. |
ANALYSIS OF RESERVES |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Total reserves |
11,436,042 |
12,090,140 |
|
Less: Land and buildings |
(10,228,158) |
(10.406.598) |
|
Add: Lease deposits relating to land and buildings |
889200 |
790,200 |
|
Freely available reserves |
2,097,084 |
2,473,742 |
| 22. |
FINANCIAL INSTRUMENTS |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Financial assets measured at amortised cost |
1,879.444 |
1,428,476 |
|
Financial liabilities measured at amortised cost |
2.293,041 |
1889,115 |