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2023-03-31-accounts

Contents ofthd 'Phtancial&hatenients
for the Year Khtled 3!3lsrch,2023		 .
.':':
Reference and administrative
details
Report ofthe trustees 2 to 7
Report ofthe independent
auditors		 8 to 11
Statement offiuancial activities 12
Balance sheet 13
Cash flow statement 14
Notes tothe cash flow statement 15
Notes to the financial statements 16 to 24
Detailed statemeat offiaancial activities 25 to 26

Registered oSice Mayfield Court
40Youens Way
Liverpool
L142EP
Registered company number 01901404(England and Wales)
Registered charity number 516466
Auditors Warr EcCoLimited
Charteted Accountants
tk Statutory Auditors
Mynshull
House
78 Churchgate
Stockport
SKI IYJ
Solicitors Brabners Chaffe Street
Horton House
Exchange Flags
Liverpool
L2 3YL
Advisers Barclays Bank Plc
South Liverpool Management Centre
394Edge Lane
Liverpool
L79PX

Chief Executive, wh o in turn re por!s to the Board
Chair ofthe Trustees LM Lee
Vice Chair JA Speariett
Finance Director ABJackson
Chief Executive Carole Ackers
Senior Management Team
Operational
Finance		 Director Colin Billington
Head ofCare Adele Gorman
Deputy Head ofCare Naomi Bedford
Quality Manager Victoria Jones

~fY
3		 d 332M
2		 23 23
' 31.323 31.3.22
iiiIYesuicted . Resiricied Total Total
fi MudIs fund fulids funds
' Notes
Income and endowments from
Donations and legacies 11,847 I",696 46,128
Charitable activities 5";
Residential care fees ' 2,064,480 2,068,'749 1,960,503
Other tmding activities 3 21/43 21~ 6,303
investment income 4 1,797 1,797 518
Total 2,088,669 16,116 2,104,785 2,013,452
Expenditure on
Charitable activities
Residential care fees 2,148,677 16,116 2,164,793 1,986,893
NET INCOME/(EXPENDITURE) (603008) (60,008) 26,559
ReconciTiation offunds
Total funds brought forward 1,051,641 1,051,641 1,025,082
Total funds carried forward 991,633 991,633 1,051,641
M~Id II II
h'
B~lh
I
31March 2023
Urz stlicted Rest iMd 31.3.23
Total		 . " 31.3.22
. Total:
finlds fund-..
'		 .: funds fluids
Notes
Fibbed assets
': ' Tangible assets 12 109I953 109B053, . 152,854
Current-assets
Debtors 13 200,744 200,744 '333,990
' Cashatbank 899,139 899,139' 852,440
1,099,883 1,099,883 1,186,430
Creditors
Amounts
falling due within one year		 14 (218403) (218h203) (287,643)
Net current assets 881,680 881,680 898,787
Total assets less current habilities 991,633 991,633 1,051,641
NET ASSETS 991,633 991,633 1,051,641
Funds 16
Uluestricted funds 991,633 1,051,641
Total funds 991,633 1,051,641

f r
rE
31.323. 3.1!3.22
Notes e
::".Cash &3nius froin operstir gacgvitics
.' Cash gererated. frnin npcmtiobt		 '66;746 -235;845"
Net cash provided
by operating activities		 . 66,746 235,845
Cash fiows from investing activities
Purchase oftangible fixed assets
Saleoftangible fixed assets		 (21,844) (110,975)
2,001
Interest received 1,797 518
Net cash used in invesfing activities (20,047) (108,456)
Change in cash and cash equivalents in the
reporting
period		 46,699 127,389
Cash and cash equivalents attbe
beginning ofthe reporiing period 852,440 725,051
Cash and cash equivalents atthe end of
the reporting
period		 899,139 852,440

Reconciliatioa ofnet (expenditure)/iucome
to,net cash flow from operatin		 g
activities
31.3.23
f		 31.3.22.
.iNet'(expenditure)flncon
efor the reporting period (asper the
Statement offiaauchsl activitier) (60,008) 26,559
Adjustmenis:for;
Depreciation
charges:		 64,744 70,709
Profit on disposal offixed ass'ets
Interest received		 (1,797) (1,571)
(518)
Decrease in debtors 133447 22,803
(Decrease)/increase
in creditors		 (69,440) 117,863
Net cash provided by operations 66,746 235,845

At 1.4.22 Cash flow At319.23
f
Net cash
Cash at bank 852,440 46,699 899,139
852,440 46,699 899,139
852,440 46,699 899,139

Basic
gnaucial		 Basic
gnaucial		 i!abilities, i!abilities, which inc!ude. creditors, inc!ude. creditors, inc!ude. creditors, inc!ude. creditors, are initially recognised recognised at trarzaction-pdcc:. at trarzaction-pdcc:. at trarzaction-pdcc:. 'uga=.r the
srru~ement
constitutes		 a linancing transaction, where the debt instrument is measured at the pmsent value of the
future
payments		 discounted at a market rate of interest. Financial liabilities clarsified as payable wirjmt
one		 year
are not amortised. .
Donations and legacies
31.323 31.3.22
Donations 12,696 46,128
3. Other trading activities
31.3.23 31.3.22
Fundraising events 705 333
Other income 20,838 5,970
21,543 6,303
4. Iavestment income
31.3.23 31.3.22
Shortterm deposit 19797 518
5. Income from charitable activities
319.23 31.3.22
Activity
Residential care Residential care fees 2,064,120 1,879,400
Grants Residential care fees 4,629 81,103
2,068,749 1,960,503

Charitabl e activities coa ts,
Support
Direct costs (see
Costs note 7) .Totals
Residential care fees 1,2$1,$51 8$2,942 2,164,793
Support costs
Governance
Management costs Totals
Residential care fees $57,032 25,910 882,942
Net income/(expenditure)
Net income/(expenditure) is stated after charging/(crediting):
319.23 31.3.22
8
Auditors' remunemtion 5,775 7,200
Auditors' remuneration for non audit work 1,400 2,880
Depreciation
- owned assets		 64,745 70,709
Equipment hire 9,725 8,570
Surplus on disposal offixed assets (1,571)

Statfcosts
319.23 31.3.22
Wages and salaries 1,446,152 1,381,002
Other pension costs 33,784 32,282
1,479,936 1,413,284
The average monthly number ofemployees during the year was as follows:
319.23 31.3.22
Senior management 5 5
Residential
care services		 29 33
Support staff 21 15
55 53
The number ofemployees whose employee benefits (excluding employer pension costs) exceeded f60,000was:
31.3.23 31.3.22
f70,001 - f80,000 1
f80,001 - $90,000
f90,001 - f100,000
Comparatives
for the statement offinancial activities
Unrestricted Restricted Total
funds fund funds
Income and endowments from
Donations
and legacies		 39,128 7,000 46,128
Charitable
activities
Residential
care fees		 1,960,503 1,960,503
Other trading activities 6,303 6,303
Investment
income		 518 518
Total 2,006,452 7,000 2,013,452
Expenditure
on
Charitable
activities
Residential
care fees		 1,979,893 7,000 1,986,893
NET INCOME 26,559 26,559

Ursasnicied: Ursasnicied: Resiricted .. Toad
fiicds fund
'6.		 ' funds
. Reconciliation offunds
Total funds brought forward 1,025,082. , 1,025,082
Total funds carried forward 1,051,641 1,051,641
12. Tangible fixed assets
Short Fixtures,
leasehold fittings Motor
improvements 41equipment vehicles Totals
f.
Cost
At 1April 2022 653476 269,522 86/10 1,009,108
Additions 21,844 21+A
At 31March 2023 653476 291@66 86410 1,030,952-
Depreciation
At 1 April 2022 609,049 196,073 511132 856454
Charge for year 12,042 35,772 16,931 64,745
At 31March 2023 6219091 231,845 68,063 920,999
Net book value
At 31March 2023 32/85 59,521 18,147 109,953
At 31March 2022 44,327 73,449 35,078 152,854
13. Debtors; amounts
falling due within one year
31.323 31.3.22
5
Tmde debtors 169,942 251,970
Other debtors 5,151
Prepayments and accrued income 25,651 82,020
200,744 333,990

31.3.23 ' ' 3i.3;22:
Trade cmdimrs
':'.Social, security and other taxes
'
. CXhercreditors.
.
'
Accruals and defened income		 ,1
41,821.". '!u 72,"060:..
40,470': -.' .30;953
' .' '
15,1S5:
'
' '69;:028
120,727":.
,115,602
218,203 ~ 287,643
Leasing agreements
Minimum
lease payments		 under non-cancellable operating leases fall due as follows:
31.3.23 31.3.22
f
Within one year 118,797 119,387
Between one and five years 430,185 37,367
In more than five years 493499 1,080
1,042,381 157,834
Movement
in funds
Net
movement At
At 1.4.22 in funds 31.3.23
Unrestricted
funds
General fund 1,051,641 (60,008) 991,633
TOTAL FUNDS 1,051,641 (60,008) 991,633
Net movement
in		 funds, included in the above are as follows:
Incoming Resources Movement
resources expended
f		 in funds
Unrestricted
funds
General fund 2,088,669 (2,148,677) (60,008)
Restricted funds
Restricted fund 16,116 (16,116)
TOTAL FUNDS 2,104,785 (2,164,793) (60,008)

Net
movement At .
At 1.4.21 in funds 31.3.22
Unrestricted funds
General fund 925,082 26,559 951,641
Desigoand
fund		 100,000 100,000
1,025,082 26,559 1,051,641
TOTAL FUNDS 1,025,082 26,559 1,051,641
Incoming Resources Movement
resources expended in funds
f
Unrestricted funds
General fund 2,006,452 (1,979,893) 26,559
Restricted funds
Restricted fund 7,000 (7,000)
TOTAL FUNDS 2,013,452 (1,986,893) 26,559
A current year 12months and prior year 12months combined position is as follows:
Net
movement At
At 1.4.21 in funds 31.3.23
Unrestricted funds
General fund 925,082 (33,449) 891,633
Designated fund 100,000 100,000
1,025,082 (33,449) 991,633
TOTAL FUNDS 1,025,082 (33,449) 991,633

Incoming Resources Movement
resources expended in funds
Unrestricted
funds
General fund 4,095,121 (4,128,570) (33,449)
Restricted funds
Restricted fund 23,116 (23,116)
TOTAL FUNDS 4,118,237 (4,151,686) (33,449)

Capital commitments
31.3.23 31.3.22
Contracted but not provided for in the financial statements 1,877

Detaile Statement of Financ'
fo e
31.3.23 31.3.22
Income aud endowments
, , Donaticas and legacies
Donations 12,696 46,128
Other trading activities
Fundraising
events		 705 333
Other income 20,838 .5,970
21443 6,303
Investment
income
Short term deposit 1,797 518
Charitable
activities
Residential
care		 2,064,120 1,879,400
Grants 4,629 81,103
2,068,749 1,960,503
Total incoming resources 2,104,785 . 2,013,452
Expenditure
Charitable
activities
Wages 806,953 900,574
Pensions 18,852 21,105
Equipment
hire		 9,725 8,570
Rent, rates and water 102W9 104,536
Light and heat 95487 45,641
Catering, cleaning and medical 134,207 106,769
Sundries 3,903 4,433
Motor and travel costs lg29 3,042
Repairs and maintenance 694 3,402
Legal and professional 6453 5,509
Resident's
activities		 231568 19,886
Other staff costs 151268
Depreciation - short leasehold improvements 11,440 14,333
Depreciation - fixtures, fittings and equipment 339982 16,083
Depreciation
-motor vehicles		 16,931 38,692
Loss on sale oftangible fixed assets (236)
1481,851 1,292,339