2022-03-31-accounts - Hoylake Cottage

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Trustees	Trustees		Mrs A Heseltine		Vice Chair	Vice Chair
			Mr S Heywood		Trustee:	Brookfield Homecare
			Mr R Holmes
			Mr A Mitchell
			Mr R Oakden
			Mr J Southworth		Chair
			Mr M Sutton
			Mr P Wilcox		Trustee:	Brookfield Homecare
SecretarY			Mr S Heywood
General	manager		Miss G Beesley
Chanty	number		515591
Company		number	01844549
Registered		office	Southworth House
			35Birkenhead	Road
			Hoylake
			Wirral
			Merseyside
			CH47 5AQ
Auditor			Xeinadin Audit Limited
			2 Hilliards Court
			Chester Business Park
			Chester
			Cheshire
			CH4 9QP
Bankers			National Westminster
			10Banks Road
			West Kirby
			Wirral
			Merseyside
			CH48 4LG
			Royal Bank of Scotland
			1 Exchange Flags
			Liverpool
			L2 3XN
Solicitors			Hill Dickinson
			1 St Paul's Square
			Liverpool
			Merseyside
			L39SJ

			Page
Trustees' report			1-5
Statement of trustees'	responsibilities
Independent auditor's	report
Consolidated statement	offinancial	activities
Consolidated balance sheet			12
Charity balance sheet			15
Consolidated statement	ofcash flows		14
Notes to the financial statements			15-35

					Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
					funds	funds		funds	funds
					2022	2022	2022	2021	2021	2021
				Notes	6	6	6	6	6	6
Income and endowmen				from
Donations and		legacies			36,903	148,724	185,627	25,997	172,467	198,464
Charitable activities					3,051,005		3,051,005	3,193,278		3,193,278
Other trading	activities				13,624		13,624	14,175		14,175
Investments					41,829		41,829	42,242		42,242
Other income					5,904		5,904	10,118		10,118
Total income					3,149,265	148,724	3,297,989	3,285,810	172,467	3,458,277
~Edit
Raising funds					15,254		15,254	44,919		44,919
Charitable activities				8	3,538,339	151,703	3,690,042	3,504,374	155,430	3,659,804
Other				12				3,845		3,845
Total resources
expended					3,553,593	151,703	3,705,296	3,553,138	155,430	3,708,568
Net gains/(losses)			on
investments				13	4,407		4,407	40,134		40,134
Net outgoing
resources before
transfers					(399,921)	(2,979)	(402,900)	(227,194)	17,037	(210,157)
Gross transfers		between
funds					1,120	(1,120)		9,000	(9,000)
Net movement		in funds			(398,801)	(4,099)	(402,900)	(218,194)	8,037	(210,157)
Fund balances		at	1
April 2021					4,177,172	64,605	4,241,777	4,395,366	56,568	4,451,934
Fund balances		at	31
March 2022					3,778,371	60,506	3,838,877	4,177,172	64,605	4,241,777

				2022		2021
					6
Fixed assets
Tangible assets investments		15 17		5,127,657		5,221,469 161,075
				5,127,657		5,382,544
Current assets
Debtors Cash at bank and in	hand	19	250,453 222,745		99,514 230,294
Creditors: amounts	falling due within		473,198		329,808
one year			(454,133)		(391,817)
Net current assetslgiabilities)				19,065		(62,009)
Total assets iess current liabilities				5,146,722		5,320,535
Creditors: amounts	falling due afte.
more than one year				(1,307,845)		(1,078,758!
Met assets				3.838.877		4,241,777
Income funds
Restricted funds Unrestricted funds		27 25		60,506 3,778,371		84,605 4,177,172
				3,838,877		4,241,777

				2022		2021
			Notes
Fixed assets
Tangible assets			16	5,122,531		5,211,650
Investments			178 18	2		161,077
				5,122.533		5,372,727
Current asse1s
Debtors			20	227,757	58,335
Cash at bank and in	hand			148,973	139,310
				376,730	197,645
Creditors: amounts	falling due within
one year			23	(405,515)	(284,001)
Net current liabilities				(28,785)		(86,356)
Total assets less current liabilities				5,093,748		5,286,371
Creditors: amounts	falling due atter
more than one year			24	(1,307,845)		(1,078,758)
Net assets				3,785,903		4,207,613
Income funds
Restricted funds			28	60,500		64,605
Unrestricted funds			26	3,725,403		4,143,008
				3.785,903		4,207,613
The financial statements		vrere approved	by the Trustees on ..(...~0.....34CC&th&
rt .lr+.4.'C,jP44~
Mrs A Heseltine				Mr SI-Ieywood
Trustee				Trustee

				2022		2021
			Notes	E		8
Cash flows from operating		activities
Cash absorbed by operations			34		(444,846)		(115,849)
Investing activities
Purchase oftangible fixed assets				(25,879)		(18,870)
Purchase of investments				(9,634)		(84,862)
Proceeds on disposal of investments				175,115		200,199
Investment income				41,829		42,242
Net cash (used in)/generated		from
investing activities					181,431		138,709
Financing activities
Repayment of bank loans				255,866		50,770
Net cash generated from Rnanclng
activities					255,866		50,770
Net (decrease)/increase in	cash and		cash
equivalents					(7,549)		73,630
Cash and cash equivalents	at	beginning	ofyear		230,294		156,664
Cash and cash equivalents		at end of	year		222,745		230,294

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		Unrestricted	Unrestricted
		funds	funds
		2022f	2021 f
Fundraising	events	13,624	14,021
Shop income			154
Other trading	activities	13,624	14,175

		Unrestricted	Unrestricted
		funds	funds
		2022	2021
		5	6
Rental	income	39,454	37,698
income	from listed investments	2,369	4,482
Interest	receivable	6	62
		41,829	42,242

			Unrestricted	Unrestricted
			funds	funds
			2022	2021
			8	5
Fundraisin	and	ublici
Other fundraising		costs	180	216
~Td i
Operating	charity	shops		16,093
Staff costs	charity	shop		10,864
Depreciation charity shop				1,482
Trading costs				28,439
Investec costs			937	1,337
Apartment	expenses		14,137	14,927
Investment	costs		15,074	16,264
			15,254	44,919

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Support costs
		Support	Governance	2022	Support costs	Governance	2021
		costs	costs			costs
		f	f			f
Staff costs		275,124		275,124	325,436		325,436
Admin expenses		2,386		2,386	1,810		1,810
Professional fees		3,632		3,632	9,883		9,883
Bank charges		3,597		3,597	2,736		2,736
interest payable	& similar
charges		28,834		28,834	19,287		19,287
Audit fees			8,520	8,520		10,165	10,165
Non audit fees			5,280	5,280		3,885	3,885
Legal and professional			13	13		4,266	4,266
Trustee indemnity
insurance			7,968	7,968		6,368	6,368
Sundries			1,813	1,813		1,863	1,863
		313,573	23,594	337,167	359,152	26,547	385,699
Analysed between
Charitable activities		313,573	23,594	337,167	359,152	26,547	385,699

	2022	2021
	Number	Number
Administrative	8	10
Nursing	81	92
Ancillary	23	25
Domiciliary	25	30
Total	137	157

Employees		(Continued)
Employment costs	2022	2021
	6	8
Wages and salaries	2,725,381	2,703,903
Social security costs	186,153	190,409
Other pension costs	42,392	45,744
	2,953,926	2,940,056

					Total	Unrestricted
						funds
					6
					2022	2021
	Net	loss on disposal	oftangible	fixed assets		3,845
13	Net	gains/(losses)	on investments

			Unrestricted	Unrestricted
			funds	funds
			2022	2021
			6
Revaluation	of	investments		31,968
Gain/(toss)	on	sale ofinvestments	4,407	8,166
			4,407	40,134

14	Brookfietd Homecare	Brookfietd Homecare	Limited
	A summary ofthe results ofthe			subsidiary					2022	2021
	ls shown below:
	Turnover								528,091	575,276
	Expenditure								(509,282)	(536,996)
									18,809	38,280
	Aggregate assets and		liabilities
	Fixed assets								5,127	9,819
	Current assets								118,632	133,892
	Current liabilities								(70,784)	(109,545)
									52,975	34,166
15	Tangilble fixed assets		- Group
				Freehold		land	Fixtures and	Computers	Motor vehicles	Total
				and	buildings		fitbngs
						8	8
	Cost
	At 1 April 2021			7,268,465			567,181	5,976	61,500	7,903,122
	Additions				1,200		24,679			25,879
	Disposals						(8,389)			(8,389)
	At 31 March 2022			7,269,665			583,471	5,976	61,500	7,920,612
	Depreciation and impairment
	At 1 April 2021			2,147,203			476,938	2,169	55,343	2,681,653
	Depreciation charged	in	the year		77,651		38,774	1,727	1,539	119,691
	Eliminated in respect	of	disposals				(8,389)			(8,389)
	At 31 March 2022			2,224,854			507,323	3,896	56,882	2,792,955
	Carrying amount
	At 31 March 2022			5,044,811			76,148	2,080	4,618	5,127,657
	At 31 March 2021			5,121,262			110,065	1,025	6,157	5,221,469

Tangible fix	ed asset	s - Charity
			Freehold land	Fixtures and Motor	vehicles	Total
			and bundlnga	fittings
			6	6	6
Cost
At 1 April 2021			7,268,465	555,301	61,500	7,885,266
Additions			1,200	24,679		25,879
Disposals				(8,389)		(8,389)
At 31 March	2022		7,269,665	571,591	61,500	7,902,756
Depreciation	and impairment
At 1 April 2021			2,147,203	471,070	55,343	2,673,616
Depreciation	charged	in the year	77,651	35,808	1,539	114,998
Eliminated in	respect	ofdisposals		(8,389)		(8,389)
At 31 March	2022		2,224,854	498,489	56,882	2,780,225
Carrying amount
At 31 March	2022		5,044,811	73,102	4,618	5,122,531
At 31 March	2021		5,121,261	84,231	6,158	5,211,650

Fixed as	set investments - Listed invest	ments Group 8 charity
		Listed	Cash in	Total
		investments	portfolio
		8
Cost or valuagon
At 1 April	2021	150,226	10,849	161,075
Additions		9,634		9,634
Valuation	changes	4,238		4,238
Disposals		(164,098)	(10,849)	(174,947)
At 31 March 2022
Carrying	amount
At 31 March 2022
At 31 March 2021		150,226	10,849	161,075

19	Debtors - Group
					2022	2021
	Amounts falling	due within		one year:	6	6
	Trade debtors				186,971	56,251
	Other debtors					460
	Prepayments and	accrued income			63,482	42,803
					250,453	99,514
20	Debtors - Charity
	Amounts falling	due within		one year:	2022f	2021 6
	Trade debtors				147,141	18,069
	Amounts owed by	subsidiary		undertakings	22,166	1,729
	Other debtors					460
	Prepayments and	accrued income			58,450	38,077
					227,757	58,335
21	Loans and overdrafts		-Group 8 charity
					2022	2021
					6	6
	Bankloans				1,529,525	1,273,659
	Payable within one year				221,680	194,901
	Payable after one	year			1,307,845	1,078,758
	Amounts included	above which fall due after five years:
	Payable by instalments				396,278	(475,418)

22	Creditors: amounts		falling due within one year - Group
					2022	2021
				Notes	6	6
	Bank loans			21	221,680	194,901
	Other taxation and social security				44,288	41,021
	Trade creditors				59,640	52,625
	Other creditors				55,536	51,422
	Accruals and deferred		income		72,989	51,848
					454,133	391,817
23	Creditors: amounts		falling due within one year - Charity
					2022	2021
				Notes	6	6
	Bank loans			21	221,680	144,901
	Other taxation and social security				36,886	32,701
	Trade creditors				59,370	46,363
	Other creditors				21,432	13,445
	Accruals and deferred		income		66,147	46,591
					405,515	284,001
24	Creditors: amounts	falling due after more than one year
	Group &charity				2022	2021
				Notes	6	6
	Bank loans			21	1,307,845	1,078,758

					Movement	in funds
			Balance at	Incoming	Resources	Transfers	Revaluations,	Balance st
			1 April 2021	resources	expended		gains and 31 March 2022
							losses
							8	6
General	unrestricted	funds	4,177,172	3,149,265	(3,553,593)	1,120	4,407	3,778,371
			4,177,172	3,149,265	(3,553,593)	1,120	4,407	3,778,371

					Movement	in funds
			Balance at	Incoming	Resources	Transfers	Revaluations,	Balance at
			1April 2020	resources	expended		garne and 31 March 2021
							losses
							8
General	unrestricted	funds	4,395,366	3,285,810	(3,553,138)	9,000	40,134	4,177,172
			4,395,366	3,285,810	(3,553,528)	9,000	40,134	4,177,172

					Movement	funds
			Balance at	Incoming	Resources	Transfers	Revaluations,	Balance at
			1 April 2021	resources	expended		gains and 31 March 2022
							losses
						6	8	6
General	unrestricted	funds	4,143,008	2,663,393	(3,086,525)	1,120	4,407	3,725,403
			4,143,008	2,663,393	(3,086,525)	1,120	4,407	3,725,403

					Movement	in funds
			Balance at	Incoming	Resources	Transfers	Revaluations,	Balance at
			1April 2020	resources	expended		gains and 31 March 2021
							losses
							6
General	unrestricted	funds	4,399,482	2,744,414	(3,050,022)	9,000	40,134	4,143,008
			4,399,482	2,744,414	(3,050,022)	9,000	40,134	4,143,008

				Movement	Movement	in funds
			Balance at	Incoming	Resources		Transfers	Balance at
			1April 2021 8	resources f	expended 8		8	31 March 2022 8
Nursing	Unit	Fund	14,822	1,196		(4,181)	(1,120)	10,717
Sandhigs	Fund		1,995	285		(285)		1,995
Entertainment		Fund		384		(384)
Sandhills	Events Fund		47,788					47,788
WBCAdult Social Care			Infection
Control Fund				146,858	(146,852)
			64,605	148,723	(151,702)		(1,120)	60,506
Comparative		infomation	in respect ofthe preceding period	is as follows:
				Ilovement		in funds
			Balance at	Incoming	Resources		Transfers	Balance at
			1April 2020	resources	expended			31 March 2021
			8	8		6	8
Nursing	Unit	Fund	7,988	9,355		(786)	(1,735)	14,822
Sandhills	Fund		47,788					47,788
Entertainment		Fund		57		(57)
Sandhills	Events Fund		792	1,203				1,995
			56,568	172,467	(155,430)		(9,000)	64,605

29	Analysis ofnet assets	between funds	-Group
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2022f	2022 F	2022 f	2021 f	2021 f	2021 f
	Fund balances at
	31 March 2022
	are represented
	by:
	Tangible assets	5,127,657		5,127,657	5,221,469		5,221,469
	Investments				161,075		161,075
	Current assets/(liabilities)	(41,441)	60,506	19,065	(126,614)	64,605	(62,009)
	Long term liabilities	(1,307,845)		(1,307,845)	(1,078,758)		(1,078,758)
		3,778,371	60,506	3,838,877	4,177,172	64,605	4,241,777
30	Analysis of net assets	between funds	-Charity
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2022f	2022f	2022 f	2021 f	2021 f	2021
	Fund balances at
	31 March 2022
	are represented
	by:
	Tangible assets	5,122,531		5,122,531	5,211,650		5,211,650
	Investments	2		2	161,077		161,077
	Current assets/(liabilities)	(89,285)	60,500	(28,785)	(150,961)	64,605	(86,356)
	Long term liabilities	(1,307,845)		(1,307,845)	(1,078,758)		(1,078,758)
		3,725,403	60,500	3,785,903	4,143,008	64,605	4,207,613

									2022f	2021f
	Within one year								9,025	9,025
	Between two and five	years							15,551	24,577
									24,576	33,602
33	Analysis ofchanges	In net (debt)/funds
								At 1 April 2021	Cash flowsAt 31 March 2022
								f	f	f
	Cash at bank and in hand							230,294	(7,549)	222,745
	Loans falling due within one year							(194,901)	(26,779)	(221,680)
	Loans falling due after	more than		one year				(1,078,758)	(229,087)	(1,307,845)
								(1,043,365)	(263,415)	(1,306,780)
34	Cash generated from	operations		-Group					2022f	2021f
	Deficit for the year								(402,900)	(210,157)
	Adjustments for.
	Investment income recognised		in	statement		offinancial	activities		(41,829)	(42,242)
	(Gain)/loss on disposal	oftangible		fixed	assets					3,845
	Gain on disposal of investments								(4,407)	(8,166)
	Fair value gains and losses on		investments							(31,968)
	Depreciation and impairment oftangible				fixed assets				119,692	129,246
	Movements in working	capital:
	(Increase)/decrease in	debtors							(150,939)	73,250
	Increase/(decrease) in	creditors							35,537	(29,657)
	Cash absorbed by operations								(444,846)	(115,849)