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





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||||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<br>&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<br>activities|||49,327|127,940|177,267|304,503|
|Investment<br>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<br>on charitable||1|9,438,407|197,852|9,636,259|9,628,881|
|activities|||||||
|Expenditure<br>on raising funds|||||||
|Donations<br>and legacies|||5,074||5,074|14,947|
|Otl.er trading<br>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|





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||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|





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||||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<br>for liabilities and||charges|12|(84,213)|(86,488)|
|Net assets||||7,019,690|6,883,258|
|The funds ofthe Charity||||||
|Unrestricted<br>funds||||||
|General funds|||17|750,000|750,000|
|Designated<br>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|





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





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



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||||||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|



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|||||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|



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||||||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|





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|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|





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



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



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|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<br>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|



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|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|





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|||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|



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





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



||2021<br>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|



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||||2021|2020|
|---|---|---|---|---|
||||6|E|
|Net income|||136,432|74,090|
|Depreciation<br>on tangible fixed assets|||224,558|237,201|
|Impairment<br>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<br>in creditors|||249,524|19,539|
|Interest received|||(4,911)|(7,570)|
|Net cash provided|by operating|activities|670,468|454,699|



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|||||2021|2020|
|---|---|---|---|---|---|
|||||6|r.|
|Change<br>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|





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|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|



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|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<br>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|





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|alysis ofnet assets between funds|||||
|---|---|---|---|---|
||Restricted|Designated|General||
||funds|funds|funds|Total|
|||6|8||
|Fund balances at 31 March 2021 are|||||
|represented<br>by:|||||
|Fixed assets||5,180,414||5,180,414|
|Current assets|525,635|897,854|1,660,925|3,084,414|
|Current<br>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|



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