2021-03-31-accounts

Directors and Advisors for the year ended 31	March 2021 ..
Strategic report for the year ended 31 March	2021 .
Directors' report for the year ended 31 March	2021			...8
Independent auditors' report to the members	ofSt Cuthbert's	Care...		11
Statement offinancial activities (incorporating	an Income and	Expenditure	Account) for the year
ended 31 March 2021.				.14
Reconciliation offunds for the year ended 31	March 2021 ..			.15
Balance sheet as at 31 March 2021..				.16
Cash flow statement for the year ended 31 March 2021 .				.17
Accounting policies ..				.18
Notes to the financial statements for the year	ended 31 March	2021...		.22

			Unrestricted	Restricted	2021	2020
		Note	funds	funds	Total	Total
Income
Income from charitable ectivltiesr
Care for children			2,191,905		2,191,905	2,145,950
Care for people with disabilities			2,455,899		2,455,899	2,802,420
Care for older people			3,455,499		3,455,499	3,376,750
Grants receivable			281,213		281,213	5,105
Fostering &social work			1,020,212		1,020,212	903,154
Income from donations,	legacies
and other trading activity
Donations			79,124	85,388	164,512	234,678
Legacies			51,500		51,500	35,473
Other trading activities			49,327	127,940	177,267	304,503
Investment income			3,138	1f773	4,911	7,570
Other income
Total income			9,587,817	215,101	9,802,918	9,815,603
Expenditure
Expenditure on charitable		1	9,438,407	197,852	9,636,259	9,628,881
activities
Expenditure on raising funds
Donations and legacies			5,074		5,074	14,947
Otl.er trading activities			7,183	17,970	25,153	97,705
Total expenditure			9,450,664	215,822	9,666,486	9,741,513
Net income for the year		6	137,153	(721)	136,432	74,090

	Unrestricted	Restricted
	funds	funds	Total	Total
			2021	2020
			6	6
Fund balances at 1 April	6,356,902	526,356	6,883,258	6,809,168
Nat income for the year	137,153	(721)	136,432	74,090
Fund balances at 31 March	6,494,055	525,635	7,019,690	6,883,258

			Note	2021	2020
				8
Fixed assets
Tangible assets				5,180,414	5,485,479
Total fixed assets				5,180,414	5,485,479
Current assets
Debtors				618,625	620,830
Cash at bank and in	hand			2,465,789	1,799,838
Total current assets				3,084,414	2,420,668
Creditors: amounts	falling due within one
year			10	(860,925)	(611,401)
Net current assets				2,223,489	1,809,267
Total assets less current		liabilities		7,403,903	7,294,746
Creditors: amounts	falling due after more
than one year				(300,000)	(325,000)
Provisions for liabilities and		charges	12	(84,213)	(86,488)
Net assets				7,019,690	6,883,258
The funds ofthe Charity
Unrestricted funds
General funds			17	750,000	750,000
Designated funds: Charity assets fund			17	5,744,055	5,606,902
				6,494,055	6,356,902
Restricted funds			17	525,635	526,356
Total funds			17	7,019,690	6,883,258

					2021	2020
Cash flows from operating	activities
Net cash provided by operating activities					670,468	454,699
Cash flows from investing	activities
Interest received					4,911	7,570
Purchase oftangible fixed assets					(9,428)	(72,359)
Net cash provided by investing activities					(4,517)	(64,789)
Cash flows from financing	activities
Net cash used in financing	activities
Change in cash and cash period	equivalents	in	the reporting	15	665,951	389,910
Cash and cash equivalents re ortin eriod	at the beginning		ofthe		1,799,838	1,409,928
Cash and cash equivalents eriod	at the end	of	the reporting		2,465,789	1,799,838

Freehold	land		0
Furniture,	equipment	and plant	5 - 33
Motor vehicles			20
Assets in	the course	ofconstruction	0

					Direct	Support	2021	2020
					costs	costs
						6
Care	for	people	with disabilities		2,352,989	229,564	2,582,553	3,085,638
Care	for	older people			3,972,883	365,485	4,338,368	3,873,936
Care	for	children,	fostering	&social work	2,527,349	&87,989	2,715,338	2,669,287
					8,853,221	783,038	9,636,259	9,628,861

				Direct	Support	2021	2020
				costsf	costs
Voluntary	income, donations		&legacies	4,540	534	5,074	14,947
Activities	for generating	funds		22,671	2,482	25,153	97,705
				27,211	3,016	30,227	112,652

					Total	Total
		Employee	Depreciation	Other costs	2021	2020
		costs
Charitable	activities	546,247	19,263	217,528	783,038	839,187
Raising funds		2,104	74	838	3,016	4,398
		548,351	19,337	218,366	786,054	843,585

Employee costs
	2021	2020
Employee costs:
Wages and salaries	6,353,730	6,666,815
Social security costs	525,612	522,616
Pension costs	144,665	139,860
	7,024,207	7,329,291

		2021	2021	2020	2020
			Full-Time		Full-Time
		Number	Equivalent	Number	Equivalent
Charitable	activities	292	234	295
Expenditure	on raising funds
		294	236	297	246

				2021	2020
Aggregate	emoluments	and	fees	145,000	145,000

Net income for the year	is stated after charging:	2021	2020
Depreciation charge for	the year	224,558	237,201
Impairment offurniture,	equipment and plant	89,935
Auditors' remuneration	for audit services	26,200	17,400
Operating lease rentals	for land and buildings	16,369	16,386

Tangible	assets
		Freehold &	Furniture
		long	equipment
		leasehold	and	Motor
		buildings	plant	vehicles	Total
Cost
At 1 April 2020		6,296,922	2,490,555	73,656	8,861,133
Additions			9,428		9,428
Dieposals
At 31 March 2021		6,296,922	2,499,983	73,656	8,870,561
Accumulated	Depreciation
At 1 April 2020		1,828,289	1,478,357	69,008	3,375,654
Charge for the	year	155,270	67,143	2,145	224,558
Impairment			89,935		89,935
Eliminated in respect of
disposals
At 31 March 2021		1,983,559	1,635,435	71,153	3,690,147
Net book value
At 31 March 2021		4,313,363	884,548	2,503	5,180,414
At 31 March 2020		4,488,632	1,012,199	4,648	5,485,479

Debtors
		2021	2020
Trade debtors		400,224	401,053
Other debtors		1,580	865
Prepayments	and accrued income	216,821	218,912
		618,625	620,830

		2021	2020
			E
Trade creditors		104,384	149,424
Other creditors		16,803	10,553
Taxation and social security		156,766	148,720
Accruals and deferred	income	582,972	302,704
		860,925	611,401

		2021	2020
Deferred	income	300,000	325,000
		300,000	325,000

		Pension
		provision
At 1 April 2020		86,488
Established	during the year	12,707
Utilised during the year		(14,982)
At 31March	2021	84,213

	2021 R	2020f
In less than one year	14,808	18,912
Between one and two years	15,253	19,479
Between two and five years	43,087	40,729
In more than five years	11,0LI	7,368
	84,213	86,488

			2021	2020
			6	E
Net income			136,432	74,090
Depreciation on tangible fixed assets			224,558	237,201
Impairment on tangible fixed assets			89,935
Deferred income			(25,000)	(25,000)
Decrease in provisions			(2,275)	(2,717)
Decrease in debtors			2,205	159,156
Increase in creditors			249,524	19,539
Interest received			(4,911)	(7,570)
Net cash provided	by operating	activities	670,468	454,699

				2021	2020
				6	r.
Change in	cash and cash equivalents	in the reporting	period	665,951	389,910
Movement	in net funds for the year			665,951	389,910
Net funds	at 1 April 2020			1,799,838	1,409,928
Net funds	at 31 March 2021			2,465,789	1,799,838

6Analysis o	f net cash resources
		1 April		31 March
		2020	Cash flow	2021
		6	6	6
Cash at bank and	in hand	1,799,838	665,951	2,465,789
Net funds		1,799,838	665,951	2,465,789

7Statement o	ffunds
		At 1 April				At 31 March
		2020	Income	Expenditure	Transfers	2021
			E	F		F
Generalfunds		750,000	9,587,817	(9,450,664)	(137,153)	750,000
Designated funds
Chariiy assets fund		5,606,902			137,153	5,744,055
Total unrestricted	funds	6,356,902	9,587,817	(9,450,664)		6,494,055
Restricted funds:
Total restricted funds		526,356	215,101	(215,822)	-	525,635
Total funds		6,883,258	9,802,918	(9,666,486)	-	7,019,690

alysis ofnet assets between funds
	Restricted	Designated	General
	funds	funds	funds	Total
		6	8
Fund balances at 31 March 2021 are
represented by:
Fixed assets		5,180,414		5,180,414
Current assets	525,635	897,854	1,660,925	3,084,414
Current liabilities			(860,925)	(860,925)
Long term liabilities and provisions		(334,213)	(50,000)	(384,213)
	525,635	5,744,055	750,000	7,019,690