Charity registrdtion number. 514092 Northwood Day Care Centre Amlual Report and Financial Statements for the Year Ended 31 May 2024
Northwood Day Care Centre Contents (contlDued) Reference and Athninistrative Details Tstee5, Report 2to5 Statement of Trustees, Responsibilities Independent Examinevs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements IOto15
Northwood Day Care Centre Reference and Administrative Details Chainnan Pauline Mitchell Trustees Pauline Mitchell Christine Ashworth Eunice Walton Gill Walton Susan Rogers Winnie Woodward Doug1&8 Howell Anthony Thom&s Mandy Machin June Sheldon Senior Management l Leadership Peter Hughes, Centre Manager Te2m Shaun Brer¢tO Assistant centre manager Charity Registration Number 514092 Principal Office Oak Street Stoke-on-Trent Staffordshire STI 2NW Independent Examiner Mr C P Archer FCA Winton Bath Group Limited 6 Ferranti Court Staffordshire Technology Park Stsfford Staffordshire ST18 OLQ Page I
Northwood Day Care Centre Trustees, Report The trnstees present th¢ annual report together with the financia] statements of the chartty for the year ended 31 May 2024. Objectives and activities Objects and ainLS The objects of the charity are to provide for the elderly, the infimed or people with cornpromised sociaI or economic circumstanceby the provision of facilities for sociaI and recreational PUTposes that will improve their condition in life Objeclives, strategies and adivities The main activities of the the ¢harity are set out below and are all undertaken to further the Charitable activity for the public benefit. -Transport of the infim and elderley to and from the centre -Provision of daily three course meals -Bathing and hairdressing facilities -Library services -Laundry services -Daily prescription services -Transport to medical centres -Comunity visits -Organised activities Public benefit In plamiing the activities and objethivies of the charity the Charity Commissions guidance on public benefit has been considered. The trustees confinn that they have complied with the requirements of section 17 of the chltieS Act 2011 to have due regard to the public benefit guidance published by the Charity Con)mission for England and Wales. Page 2
Northwood Day Care Centre Trnsteesl Report (continued) Aehievements aTrd perfornianee The overall achievements of Northwood Day Care Centre is that we help to promote and encourage independence to our m¢mb¢rs. For the members who attend Northwood Day Care Centre for Day Services, we help to maintain them to live and stay in their own homes and communities lontser. It also helps their own personal wellbeing and development and also their physi¢al and mental health. The activities and support gTOUPS improve OUT rneMbe social stimul*ion and Interactio which helps to reduce rther deterioration to the members mental health! By offering this service it also helps to keep the hospital admissions down and also reduces the need for respite care and domi¢iliary care. We can only do this from all the much-needed ¢ommitment from our dedicated volunteers and staff, who always go that extra mile to help to improve the service. They also help to raise much needed and vitsl funds for the Charity, assist with charity nights and helping tr) organise and njn th¢ annual summer fayre. We also have the love and support from the local community. from the locaI catholic academy, where the children will visit us and intera¢t with our members with activity hour. playing different board games or a game of bingo, something our members really look fonv8Td to. Also, smaIl local businesses support us and donate money to the charity by nillg Northwood Day Care Centre their charity of the year. They also donate prizes, gifts and vouchers to rnffle off in our annual Great Big Summer Raffle. If it was not for the kindness of others. like our dedicated volunteers we would not be able to carry on our vifal work in being dedi¢ated to improving the quality of life of elderly people in our care. Finaneial review Policy on regerves The chaTity policy on reserves is to hold approximately three months fure expenditure as cash ieserves. Funds in deficit The charity has no funds in deficit. Prinapalfunding sources The charities principle funding source comes from receipts from locaI govenllnent and private individuals for the provision of day care services. Truste and offieers The tteeS and officers serving during the year and since the year end were as follows: Page 3
Northwood Day Care Centre Trustees, Report (eontinued) Trustees: Pauline Mitchell Christine Ashworth Eunice Walton Gill Walton Susan Rogers Winnie Woodward Douglas Howell Anthony Thomas Mandy Machin June Sh¢ldon Chairnian: Pauline Mitchell Senior Management l Leadership Team". Peter Hugh¢s, Centre Manager Shaun Brereton. Assistant centre manager Structur4 governance 2nd management Nature ofgoverning document The Charity was set up by a deed of trust and is controlled by its constitiOn document dated 01 March 1983. The ¢harity is unincoryorated. Recruilmenl and appointment of trustees Trustees are recruited periodically from a pool of individuals with direct contact to the charity. Appointments are ratified by the executive committee. Arrangepnentsfor setting key managementpersonnel remuneralion Key management personell includes A. Thomas, P Hughes, and S Brereton. A. Thomas does not receive a salary. Salaries are set by the executive committee. Organiyational stn4cture The trustees meet two or three times per year to deterniine policyand to review perforniance. The charity's day to day operations are controlled by the executive committee who meet 10-12 per annum. The members of the executive ¢ommTtte¢ are nominated and el¢¢t¢d each year at the annual general meeting. All members must retire annually but are eligible for re<lection. Page 4
Northwood Day Care Centre Trusteesl Report (eontinued) Rebtionsbips with related parties Northwood Past Tim¢$ Northwood Past Times is a clwity and a company limited by gaurantee. The same trustees of this charity manage Northwood Past Time. The purpose of the limited compaoy is to provide boliday"s for those individuals WAth the same needs as this clwity. Financial instruments Objediv¢s andpolicies The charity's activities expose it to & number of fiDan¢ial risks including credit risk and liquidity risk. The use of financial derivatives is governed by the clwity's poli¢Èes approved by the board of ttijstees, vlbich provide written principles on the use of fmoncial derivatives to manage thes¢ risks. The charity does not use derivative finaTh¢ial inslnunents for speculative PUTP)ses. Credti risk The cllarity's prirA¢ipal financial assets are bank balances and cash and other receivables, The cbarity's credit risk is primarily atinUtab1Q to its outstanding debt owed by its associated entity, Northwood Past Times.. The credit risk on liquid fimds is limited becawe the counterparti¢s are banks with high credit-rdtirAgs assigned by international credit-rating agencies. The charity has no significant concentration of credit risk other than that stated above Liquidty risk In order to maintain liquidity to ensure tbat sufficient funds are available for ongoing operatioDS and fisture developments the charity maintains surplus cash balances Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements. Iil.a.12< The arfftual report was approved by the trStee$ of the clmrity on.. and sigtted on its behalf by: C g Asf_-f Christine Asbwortb Tntee Anthony Thomas Trtee Page 5
Northwood Day Care Centre Statement of Trustees, Responsibilities The ttU8tees are responsible for preparing the trust¢¢s' r¢port and the financial statements in accordaDc¢ with the United Kingdom Accounting Standar(Iq (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to chariti¢s requires the tsijstees to prepare finaTh¢ial statements for each financial year which give a true and fair view of the state of affairs of the charÈty and of the incoming resources and application of resources of the cljarity for thai perio¢£ In preparing thes¢ finaacial ststemeDts, the trustees are required to". select suitable accounting poli¢ies and then apply them consistently. observe the methods and principles in the Charities SORP. nwke judgern¢nts and estInte$ that are re&sonable and prudent" stste whether applicable accountlng standards have been followe¢ subject to any material departures disclosed and explained in the financial statemeots" and prepare the finan¢ial statements on the going concern basis unless it Is iIiappTopriate to presume that the charity will continue in business. The trustees are responsible for keeping proper a¢¢ounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ellre that th¢ fu)an¢ia] stat¢m¢nts ¢omply with the Charities Act 2011, the Charities (Accounts and Reports} Regulations 2008, and the provisions of the ¢onstitution. The te¢S are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and fJnan¢ial inforn)ation included on the charitsble companYs website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. ii{slzr Approved by the trustees of the charity on .. and signed on its behalf by.. cs As£Jo-L4. Christine Ashworth Trstee knthony Thom&8 Trustee Page 6
Northwood Day Care Centre Independent Examiner's Report to the trustees of Northwood Day Care Centre I report to the trustees on my examination of the accounts of Northwood Day Care Centre ftir the Ye ended 31 May 2024. Responsibiltties and basis of report As the charity tnjstees of Northwood Day Care Centre you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Northwood Day Care Centre's accounts cattied out under 5ethion 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Ditt¢tions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's st#t¢ment I have completed my examination. I confirni that T]0 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respe¢t: accounting records were not kept in respect of Northwood Day Care Centre as required by section 130 of the Ac¢ or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements concerning the forn) and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'trne and fair view, which is not a matter considered as part of an independent examination. I have no con¢ems and have come across no other matters in connection with the examination to whi¢h attention should be drawn in this report in order to enable a proper understanding of the a¢¢ounts to be reached. C P Areher FCA Winton Bath Group Limited ICAEW 6 Ferranti Court Staffordshire Technology Park Stafford Staffordshire ST18 OLQ Date.. Page 7
Northwood Day Care Centre Statement of Financial Activities for the Year Ended 31 May 2024 Unrestricted fuDds Total 2024 Note Income and Endowments from: Charitsble activities Investment iT]¢ome 225,589 1.867 225,589 1,867 Total income 227,456 227,456 Expenditure on: Charitable activities 16 {253,303) (253,303) Total expenditure {25J,303) (253.303) Net expenditure {25,847) (25,847) Net movement in funds (25.847) (25,847) Reeonciliation of funds TotaI funds brought forward 524,622 524,622 TotaI funds carried fonvard 13 498,775 Unrestrieted funds 498,775 Totsl 2023 Note Income and Endowments from: Charitable activities Investment income 199,933 789 199.933 789 Total income 200,722 200.722 Expenditure on: Charitable activities 16 (230,787) 230,787) Total expenditure (230,787) (230,787) Net expenditure (30,065 {30,065) Net movement in funds (30,065) (30,065) Reconcili2tion of funds Total funds brought forward 554,686 554.686 Tot funds carried forward 13 524.621 524.621 All of the charity's activities derive from continuing operations during the above iwo periods. The notes on pages io to 15 fom an integral part of these financial statements. Page 8
Northwood Day Care Centre (Registration number: 514092) Balance Sheet as at 31 May 2024 2024 2023 Note Fixed assets Tan7)le assets 219.380 219.959 CurreDt assets Stocks Debtors Cash at bank and in hand 300 180.621 105.883 300 179,412 131,717 io 286,804 311,429 Creditors: Amounts falling due within one year Net current assets (7,409) (6,767) 279,395 304.662 Net assets 498.775 524.621 Funds of the charity= Unrestri¢ted income funds UDrestricted fijnds 498.775 524.621 Total funds 13 498,775 524,621 The annual r¢port was approved by the trustees of the clwity on Tr113. IIS and signed on its behalf by: os (4sa OL-Q . cl$tille Ashworth Tntstee Anthony Thomas Trustee The notes on pages 10 to 15 forni an InteaL part of these fmancial statements. Page 9
Northwood Day Care Centre Notes to the Financial Statements for the Year Ended 31 May 2024 l Accounting policies Statement of complianee The finan¢ial statements have been prepared in COrdanCe with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard appli¢abl¢ in th¢ United Kingdom and Republi¢ of Ireland (FRS 102) and the Charities A¢t 2011. Basis of preparation Northwood Day Care Centre meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost Convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. Going concern The trustees consider that there are no material uncertainties about the charlty's ability to continue as a going concern. Income and eDdowments The charity receives income for the provision of day care services. Income is accounted for when it becomes receivable. Investhient income Interest on Cash and bank deposits is recognised once the interest has been paid. Expenditure All expenditure is recognised once there is a legaI or constructive obligation to that expenditure, it is probable settlement is required alld the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs tr) that category. Charitable adivilies Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes only costs that can be allo¢ated dire¢dy to such activities. The chartty does not have any ¢entraE support Costs. Covernance costs These include the costs attributsble to the charity's compliance with constitytional and ststutory requirements, including independent examination, strategic management. Tangible fixed assets Individual fixed assets costing £0.00 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impainnent losses. Page 10
Northwood Day Care Centre Notes to the Financial Statements for the Year Ended 31 May 2024 (continued) Depreciation and gmortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. less any estimated residual value. over their expected useful economic life as follows: Asset class Furniture and equipment Land and buildings Plant and machinery Motor vehicles Depreciation method and rnte 200/0 on r¢du¢ing balance 40/0 on cost 200/0 on reducing balance 250/0 on reducing balance Stock Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. after due regard for obsolete and slow moving sto¢ks. Cost is detennined using the first-in. first-out (FIFO). Cash and tasb equivalents Cash and equivalents comprise cash on hand and call deposits, and other short-tenn highly liquid investments that are readily convertible to a amount of cash and are subject to an insignificant risk of change in value. Fund strneture Unrestricted funds are generdl fijnds that are available for use at the trustees's discretion in rtherance of the objectives of the clwity. 2 Income from charitable activities Unrestricted funds Genernl Totsl 2024 Total 2023 Private day care Contractual income from government or public authorities Organised setvices 114,592 114,592 87,330 54,390 56,607 54,390 56,607 50,762 61,841 199,933 225,589 225,589 Pagell
Northwood Day Care Centre Notes to the Financial Statements for the Year Ended 31 May 2024 (continued) 3 Investment intome Unrestrieted funds General Total nds Interest receivable and similar income. Interest receivable on bank deposits 1,867 1,867 Total for 2024 1,867 1,867 Total for 2023 789 789 4 Trustees remuneratjOD and expenses No trustees. nor any persons connected with tbem. have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. S Independent examiner's remuneration 2024 2023 Examination of the financial statements 3,180 2,880 6 Taxation The charity is a registered charity and is therefore exempt from tsxation. Page 12
Northwood Day Care Centre Notes to the Financial Statements for the Year Ended 31 May 2024 (continued) 7 Tangible fixed assets Land and buildings Furniture and equipmeDt Motor vebicles Totsl Cost At l June 2023 Additions 414.259 59,412 194.6)7 9,500 668,308 9,500 At 31 May 2024 414259 59,412 204,1)7 677,808 Depreciation At l June 2023 Charge for the year 200,071 8,285 58.518 179 189,760 1,615 448,349 10,079 At 31 May 2024 208J56 58,697 191.375 458,428 Net book value At 31 May 2024 205,903 715 12,762 219,J80 At 31 May 2023 214,188 894 4,877 219,959 8 Stotk 2024 2023 Stocks 300 300 9 Debtors 2024 2023 Other debtors 180.621 179.412 10 Cash and cash equivalents 2024 2023 Cash on hand Cash at bank loo 105,78) loo 131.617 105,88) 131,717 Page 13
Northwood Day Care Centre Notes to the Financial Statements for the Year Ended 31 May 2024 (continued) 11 Creditors: amounts falling due within ODe year 2024 2023 Trade creditors Other ttion and so¢ial security Other creditors Accruals 586 2,990 713 742 2,366 659 7,409 6.767 12 Pension and other schemes Defjned contribution pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £2,741 (2023 - £1,999). 13 Funds B21anee at I June 2023 Incoming resources Resourc&s expended Balance at31 May 2024 Unrestricted fullds General 524,622 227.456 (25),)03) 498.775 Bal#n¢e at I June 2022 Ineoming resources Resources expended Balance at 31 May 2023 Unrestricted funds General 554,686 200,722 (230,787) 524,621 14 Related party transactions During the year the charity made the following related paty transactions: Northwood Past Time (Northwood Past Time is managed by the same trustees that manage this chlty.) Northwood Past Times has had invoiced paid by this charity totalling £2,985. At the balance sheet date the amount due from Northwood Past Time was £180,621 (2023 - £179.901). Page 14
Northwood Day Care Centre Notes to the Financial Statements for the Year Ended 31 May 2024 (eontinued) 15 Stsff Costs The monthly average number of persons {including senior management I leadership team) employed by the charity during the year expressed as hll time equivaIents &$ follows: 2024 2023 Centre staff io io No employee received emoluments of more than £60,000 during the year 16 Charitable expeDditure - Unr&stricted Funds 2024 2023 Human Resources Food Motor expenses Repairs and maintenance Property and utility costs Other admin costs Governance costs Depreciation 184,659 17,653 8,368 12.013 166,577 15,682 8,529 11.449 JJ 6,388 3,180 10,079 6,899 2,880 253,303 230,787 Page 15
Northwood Day Care Centre Detailed Statement of Financial Activities for the Year Ended 31 May 2024 Total 2024 Total 2023 Income Endowments from: Charitable activities (analysed below) Inveslment income (analysed below) TotaI income 225,589 1,867 199,9J3 789 227.456 200.722 Expenditure on: Charitable activities (analysed below) Total expenditure (253,303} (230,787) (253.303) 230,787) Net exp¢nditure (25,847) (30,065) Net movement in funds (25.847) (30,065) Reconciliation of funds Total funds brought forward 524,622 554,686 Total funds carried fonvard 498,775 524,621 This page does not forni part of the statutory financial statements. Page 16
Northwood Day Care Centre Detailed Statement of Financial Activities for the Year Ended 31 May 2024 (continued) Total 2024 Total 2023 Charitable activities Organised Services Private Day Care Contractual income from govenlment or public authorities 56,607 114,592 54,390 61,841 50,762 225,589 199,933 Investffiènt income Interest on ch deposits 1.867 789 1,867 789 Charitable activili Openin(F Stock Purchases Closing stock Sundry expenses Wages and salaries Staff pensions (Defined contribution) Motor expenses Telephone Postage and stationery Rent and ratss Food Heat & Light Repairs and renewals Cleaning Bank charges Insurance Computer software and maintenance costs Depreciation of office equipment Accountancy fees (300) (935) 300 (315) (181,472) (3.187) (8068) (1282) (33) (1,993) (17,653) (8,970) (11.88i) (300) {550) 300 (693) (163,769) (2.808) (8.529) (l.J62) (2,991} {15,682) (5,646) (11.377) (72) (1,106) (2.208) (942) (10,134) (2,880) {230.787) (1,051) (2,089) (10,079) (3,180) (253,303) This page does not forn part of the ststutory financial statements. Page 17