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|||Page|Page||
|---|---|---|---|---|
|Reference and Administrative|Details||to|2|
|Chairman's
Report||3|to|4|
|Report ofthe Trustees|||||
|Structure, Governance
and Management||5|tn|6|
|Objectives and Activities|||||
|Strategy||8|to|12|
|Financial Review||13|to|14|
|Statement ofTrustees'
Responsibilities|||||
|Report ofthe Independent
Auditors||16|to|18|
|Statement ofFinancial Activities|||||
|Statement ofFinancial Position|||20||
|Statement
ofCash Flows|||21||
|Notes to the Statement ofCash|Flows||22||
|Notes to the Financial
Statements||23|to|34|
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
|||||Notes|fund
f|funds|funds|fundsf|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies||||3|155&544|314,906|470,450|368,448|
|Charitable
activities||||4|||||
|Charitable
activities|||||3,513,943||3,513,943|3,405,716|
|Other income||||5|~99 958||~99958|18,402|
|Total|||||3,769,445|314,906|4&084451|3,792,566|
|EXPENDITURE|ON||||||||
|Raising funds||||6|70,119||70,119|88,352|
|Charitable
activities||||7|||||
|Payroll costs|||||2,413444||2&413444|2,415,586|
|Establishment
costs|||||626,437|38,629|665,066|710,695|
|Depreciation
and|asset|disposals|||70,034||70,034|82,225|
|Vehicle and travel|costs||||23,051||23,051|33,950|
|Holidays
and trips|||||1,136||1,136|19,830|
|Governance
costs|||||14,065||14,065|13,310|
|Total|||||3,218,186|38,629|3&256,815|3,363,948|
|Net gains/(losses)|on investments||||~45678||~45 678|769|
|NET INCOME|||||596,937|276,277|873,214|427,849|
|RECONCILIATION||OF FUNDS|||||||
|Total funds brought||fortvard|||4,493,957|444,861|4,938,818|4,510,969|
|TOTAL FUNDS|CARRIED FORWARD||||~5090 894|~721138|~5812032|~4938818|
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|5|f|||
|FIXEDASSETS||||||
|Property,
plant &equipment|13|Z,801,927||2,801,927|2,871,961|
|Investments|14|~I 113105||~II13105|~667427|
|||3,915,032||3,915,032|3,539,388|
|CURRENT ASSETS||||||
|Inventories|15|5,800||5,800|3,000|
|Debtors|16|16Z,484|371,961|534,445|112,369|
|Cash at bank and in hand||~1407430|~349177|~1756607|~1443732|
|||1,575,714|721,138|2,296,852|1,559,101|
|CREDITORS||||||
|Amounts
falling due within one year|17|(399,852)||(399,852)|(159,671)|
|NET CURRENT ASSETS||~1175862|~721138|~1897000|~1399,430|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||5,090,894|721,138|5,812,032|4,938,818|
|NET ASSETS||~5090894|~721 138|~5812032|~4,938818|
|FUNDS|18|||||
|Unrestricted
funds||||5,090,894|4,493,957|
|Restricted funds||||~721 138|~444 861|
|TOTALFUNDS||||~5812,032|~4938,818|
##
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||Notes|2021f|2020f|
|---|---|---|---|
|Cash flows from operating
activities||||
|Cash generated
from operations||686 83|~492 361|
|Net cash provided
by operating
activities||686 83|~492 361|
|Cash flows from investing
activities||||
|Purchase oftangible fixed assets|||(16,000)|
|Purchase offixed asset investments||(550,000)||
|Saleoffixed asset investments
Dividends
and interest received||150,000
~26 492|~18402|
|Net cash (used in)/provided
by investing|activities|373 08|~2402|
|Change in cash and cash equivalents|in|||
|the reporting
period||312,875|494,763|
|Cash and cash equivalents
at the||||
|beginning
ofthe reporting
period||~1443732|948,969|
|Cash and cash equivalents
at the end|of|||
|the reporting
period||~1756607|~1443732|
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||ACTIVITIES|||||
|---|---|---|---|---|---|
|||||2021f|2020
5|
||Net income for the|reporting|period (as per the Statement ofFinancial|||
||Activities)|||873,214|427,849|
||Adjustments
for:|||||
||Depreciation
charges|||70,034|82,225|
||(Gain)/losses
on investments|||(45,678)|769|
||Dividends
and interest received|||(26,492)|(18,402)|
||Increase in inventories|||(2,800)||
||(increase)/decrease
Increase/(decrease)|in debtors
in creditors||(422,076)
~240 181|81,107
~81,187)|
||Net cash provided|by operations||~686 83|492,361|
|2.|ANALYSIS OF CHANGES IN NKT FUNDS|||||
||||At 6.4.20|Cash flow|At 5.4.21|
||||f||5|
||Net cash|||||
||Cash at bank and in|hand|~1443732|~312875|~1756607|
||||~1443732|~312875|~1756607|
||Total||~1443732|~312875|~1756607|
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|Freehold land|and buildings|over 50years.|
|---|---|---|
|General equipment||20%ofcost|
|Ambulances|and motor vehicles|20%ofcost|
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|3.|DONATIONS
AND LEGACIES|DONATIONS
AND LEGACIES|DONATIONS
AND LEGACIES|DONATIONS
AND LEGACIES||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020f|
||Gifts|||||1,529||
||Donations|||||~468921|368,448|
|||||||~470 450|368,448|
||INCOME|FROM CHARITABLE ACTIVITIES||||||
|||||Activity||2021f|2020f|
||Contracted|care income||Charitable|activities|2,994&614|2,835,223|
||Mobility and severe|||||||
||disablement|allowance||Charitable|activities|69,252|67,754|
||Community|service|income|Charitable|activities|~450 077|502,739|
|||||||~3513943|~3,405 716|
|5.|OTHER INCOME|||||||
|||||||2021f|2020|
||Investment|income||||26,492|18,402|
||Government|grants||||~73 466||
|||||||99,958|18,402|
|6.|RAISING|FUNDS||||||
||Raising donations||and legacies|||||
|||||||2021|2020|
||||||||f,|
||Staff costs|||||60,454|53,937|
||Fundraising|expenditure||||~9665|~34415|
|||||||~70 119|~88 352|
##
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||||Support||
|---|---|---|---|---|
|||Direct|costs (see||
|||Costs
g|note 8)|Totals
f|
|Payroll costs||2,413/44||2,413344|
|Establishment|costs|665,066||665,066|
|Depreciation|and asset disposals|70,034||70,034|
|Vehicle and|travel costs|23,051||23,051|
|Holidays
and trips
Governance
costs||1,136|~14065|1,136
~14065|
|||~3172631|~14065|~3186696|
|SUPPORT|COSTS||
|---|---|---|
|||2021|
|Audit fees||4,800|
|Accountancy|services|~9265|
|||~14 065|
|Net income/(expenditure)|is stated ager charging/(crediting):|||
|---|---|---|---|
|||2021|2020f|
|Auditors'
remuneration||4&800|4,800|
|Depreciation
- owned assets||~70 034|82,225|
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|STAFF COST|S|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||8|8|
|Wages, salaries|and|related costs||2,251,581|2,271,869|
|Social security costs
Pension contributions||||176,421
~41796|162,297
~35358|
|||||~2473 798|2,469,524|
|The average monthly||number ofemployees||during the year was as follows:||
|||||2021|2020|
|Administration|and support|||133|130|
|One employee|received emoluments||between f80,000 - f89,999(2020:f80,000 - f89,999).|||
##
|One employee received emoluments
between f80,000 - f89,999(2020:f80,000 - f|One employee received emoluments
between f80,000 - f89,999(2020:f80,000 - f|One employee received emoluments
between f80,000 - f89,999(2020:f80,000 - f|89,999).||
|---|---|---|---|---|
|COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||
|||Unrestricted|Restricted|Total|
|||fund|funds|funds|
|||8||f|
|INCOME AND ENDOWMENTS||FROM|||
|Donations
and legacies||124,608|243,840|368,448|
|Charitable
activities|||||
|Charitable
activities||3,405,716||3,405,716|
|Other income||~18402||18,402|
|Total||3,548,726|243,840|3,792,566|
|EXPENDITURE|ON||||
|Raising funds||88,352||88,352|
|Charitable
activities|||||
|Payroll costs||2,385,170|30,416|2,415,586|
|Establishment
costs||662,470|48,225|710,695|
|Depreciation
and|asset disposals|82,225||82,225|
|Vehicle and travel|costs|33,950||33,950|
|Holidays
and trips||17,830|2,000|19,830|
|Governance
costs||13,310||13,310|
|Total||3,283,307|80,641|3,363,948|
|Net gains/(losses)|on investments|769||~769)|
|NET INCOME||264,650|163,199|427,849|
##
|12.|COMPARATIVKS FOR THE STATEMENT|COMPARATIVKS FOR THE STATEMENT|OF FINANCIAL ACTIVITIES - continued|OF FINANCIAL ACTIVITIES - continued|OF FINANCIAL ACTIVITIES - continued||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||fund|funds|funds|
|||||f|I|f|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought|forward||4,229,307|281,662|4,510,969|
||TOTAL FUNDS CARRIED FORWARD|||~4493,957|444,861|~4938 818|
|13.|PROPERTY, PI ANT &EQUIPMKNT||||||
||||Freehold|General|Motor||
||||property
f|equipment
f|vehicles|Totals|
||COST||||||
||At 6 April 2020 and 5|April 2021|~2906 143|~359633|~143092|~3408868|
||DEPRECIATION||||||
||At 6 April 2020
Charge for year||84,207
~56798|359,633|93,067
~13236|536,907
~70 034|
||At 5 April 2021||~141005|~359633|~106 03|~606941|
||NKT BOOK VALUE
At 5 April 2021||~2765 138||~36 789|~2801927|
||At 5 April 2020||~2,821 936||50,025|2,871,961|
##
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##
|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
||f|
|MARKET VALUE||
|At 6April 2020|667,427|
|Additions|550,000|
|Disposals
Revaluations|(150,924)
~46 602|
|At 5 April 2021|~1113105|
|NET BOOK VALUE||
|At 5 April 2021|~1113105|
|At 5 April 2020|667,427|
##
||||2021|2020|
|---|---|---|---|---|
|||||f|
||Inventories||~5800|3,000|
|16.|DEBTORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||||2021|2020|
|||||f|
||Trade debtors||116,642|72,698|
||Other debtors||7,826|11,238|
||Prepayments|and accrued income|~409977|~28 433|
||||~534 445|112,369|
##
##
##
|||2021|2020|
|---|---|---|---|
||||5|
|Trade creditors||106,918|69,052|
|Social security and|other taxes|42,232|37,172|
|Other creditors||127/37|2,963|
|Accrued expenses|and deferred income|~123 65|~50484|
|||~399 852|~159671|
##
|Balance|as at 6 April 2020|||
|---|---|---|---|
|Amount
Amount|released to income earned from charitable
deferred
in the year|activities|~82 486|
|Balance|as at 5 April 2021||~82 486|
##
|MOVKMKN|T
IN FUNDS||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 6.4.20|in funds|5.4.21|
||||f|6|
|Unrestricted|funds||||
|General fund||4,493,957|596,937|5,090,894|
|Restricted funds|||||
|Equipment||10,050|(I&401)|8,649|
|Community|services|220|10&000|10&220|
|Garden||300||300|
|Stockies Iuniors||34,252|42,470|76,722|
|Home Sweet|Home|~400 039|~225 208|~625 247|
|||~444 861|~276 277|~721138|
|TOTAL FUNDS||~4938818|~873 214|~5812032|
##
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##
|||||Incoming|Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|
|||||resources
f||expended
f|losses
f|in funds|
|Unrestricted||funds|||||||
|General fund||||3&769,445||(3&218,186)|45,678|596,937|
|Restricted funds|||||||||
|Equipment||||36,050||(37,451)||(1,401)|
|Community|services|||10&000||||10,000|
|Garden|||||100|(10(l)|||
|Stockies Juniors
Home Sweet Home||||43,548
~225 208||(1,078)||42,470
~225
08|
|||||~314|906|~38629||~276 277|
|TOTAL FUNDS||||~4084|51|~3256815)|~45678|~873214|
|Comparatives||for movement|in funds||||||
||||||||Net||
||||||||movement|At|
|||||||At 6.4.19|in funds|5.4.20|
|||||||f|f||
|Unrestricted||funds|||||||
|General fund||||||4,229,307|264,650|4,493,957|
|Restricted funds|||||||||
|Equipment|||||||10,050|10,050|
|Community|services|||||4,921|(4,701)|220|
|Garden|||||||300|300|
|Stockies Juniors||||||12,991|21,261|34,252|
|Home Sweet||Home||||~263 750|~136289|~400 039|
|||||||281,662|163,199|444,861|
|TOTAL FUNDS||||||4,510,969|427,849|4,938,818|
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources
f|expended
f|losses
f|in funds|
|Unrestricted|funds||||||
|General fund|||3,548,726|(3,283,307)|(769)|264,650|
|Restricted funds|||||||
|Equipment|||20,050|(10,000)||10,050|
|Community|services||220|(4,921)||(4,701)|
|Garden|||300|||300|
|Stockies Juniors|||57,270|(36,009)||21,261|
|Holidays
Home Sweet|Home||2,000
~164000|(2,000)
~27711)||~136289|
||||243,840|~80,641||163,199|
|TOTALFUNDS|||~3,792566|~3,363948) ~769)||427,849|
|Name ofRestricted||Fund|Nature or Purpose ofthe fund||||
|Equipment|||Provision ofspecialist equipment||||
|Community|services||Service delivery|and specialist support|||
|Dreamdays|||Providing
Dreamdays
expenses||||
|Allotment|||Equipments
for|the allotments|||
|Stockies Juniors|||Provision ofthe children's
club||||
|Stockies Juniors salaries|||Salaries for the|children's
club|||
|For the residents|||For the benefit ofresidents||||
|Holidays|||The provision ofholidays||||
|Headonhey|||For the benefit ofHeadonhey
residents||||
|Homesweethome|||Towards the renovation ofnew home||(Fownhope|Ave)|
##
|||2021|2020|
|---|---|---|---|
||||f|
|At 6April||1827&737|1,327,737|
|Gain on revaluation
Depreciation
charge related to revaluation||~33 93|~33 &93&|
|At 5 April||~1294544|~1327737|
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