|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|