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2021-12-31-accounts

Page
Report ofthe Trustees 1 to 2
ladependent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet 5 to 6
Notes to the Financial Statements 7 to 14
Detailed Statement ofFinancial Activities 15 to 16

f or the Year Ended 31 December 2021
31.12.21 31.12.20
Unrestricted Total
fimd funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 1,114 1,777
Charitable
activities
Operation ofRegistered Home 416,545 353,415
Other trading activities 607
Investment
income		 2,028 3,781
Other income 2,269 297
Total 422,563 359,270
EXPENDITURE ON
Raising funds 4,843 3,011
Charitable
activities
Operation ofRegistered Home 341,586 323454
Total 346,429 326,265
NET INCOME 76,134 33,005
RECONCILIATION OF FUNDS
Total funds brought forward 636,360 603,355
TOTAL FUNDS CARRIED FORWARD 712,494 636,360

Balance Sheet
31December 2021
31.12.21 31.12.20
Unrestricted Total
fund funds
Notes
FIXEDASSETS
Tangible
assets		 228,139 233,455
CURRENT ASSETS
Debtors 12 13,362 11,519
Cash at bank and in hand 474,373 398,388
487,735 409,907
CREDITORS
Amounts
falling due within one year		 13 (3,380) (7,002)
NET CURRENT ASSETS 484,355 402,905
TOTAL ASSETSLESSCURRENT LIABILITIES 712,494 636,360
NET ASSETS 712,494 636,360
FUNDS 14
Unrestricted
funds		 712,494 636,360
TOTAL FUNDS 712,494 636,360

Tangible fixed assets
Depreciation
is provided		 at the following annual
rates in order		 to write offeach asset over its estimated useful life.
Freehold property 2% straight
line
Improvements
to property		 2%on cost
Plant and machinery 15%on reducing balance
Fixtures and fittings 15%on reducing balance
Motor vehicles 25%on reducing balance
Computer
equipment		 25% on cost

OTHER TRADING ACTIVITIES OTHER TRADING ACTIVITIES
31.12.21 31.12.20
Shop income 607
INVESTMENT INCOME
31.12.21 31.12.20
Deposit account interest 2,028 3,781
RAISING FUNDS
Iavestment
management		 costs
31.12.21 31.12.20
Support costs 4,843 3,011
CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 6)
f		 Totals
Operation ofRegistered Home 321,608 19,978 341,586
SUPPORT COSTS
Governance
Management costs Totals
8 f
Investment
management		 costs 4,843 4,843
Operation ofRegistered Home 17,267 2,711 19,978
22,110 2,711 24,821

31.12.21 3 1.12.20
Depreciation - owned assets 5,718 6,345

The averag e monthly
nu		 mber ofem ployees
during
the year was as follows:
31.12.21 31.12.20
Support staff 8 7
Maintenance
manager		 1 1
Deputy manager 1 1
Registered manager 1 1
10
No employees
received		 emoluments in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,777
Charitable activities
Operation ofRegistered Home 353,415
investment income 3,781
Other income 297
Total 359,270

Unrestricted
fund
EXPENDITURE ON
Raising funds 3,011
Charitable
activities
Operation ofRegistered Home 323,254
Total 326,265
NET INCOME 33,005
RECONCILIATION OF FUNDS
Total funds brought forward 603,355
TOTAL FUNDS CARRIED FORWARD 636,360
TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
6 f.
COST
At I January 2021 236,673 2,835 19,366
Additions 299
At 31 December 2021 236,673 2,835 19,665
DEPRECIATION
At I January 2021 24,069 114 13,510
Charge for year 2,233 57 923
At 31 December 2021 26,302 171 14,433
NET BOOK VALUE
At 31December 2021 210,371 2,664 5,232
At 31 December 2020 212,604 2,721 5,856

TANGIBLE FIXEDASSETS - continued
Fixtures
and Motor Computer
fittings vehicles equipment Totals
COST
At
1 January		 2021 61,157 25,787 1,441 347,259
Additions 103 402
At 31 December 2021 61,260 25,787 1,441 347,661
DEPRECIATION
At
1 January		 2021 53,638 21,781 692 113,804
Charge for year 1,143 1,002 360 5,718
At 31 December 2021 54,781 22,783 1,052 119,522
NET BOOK VALUE
At 31 December 2021 6,479 3,004 389 228,139
At 31 December 2020 7,519 4,006 749 233,455
DEBTORS: AMOUNTS FALLING DUK WITHIN ONE YEAR
31.12.21 31.12.20
Trade debtors 8,588 7, 150
Prepayments and accrued income 4,774 4,369
13,362 11,519

CREDITORS : AMOUNTS FA LLING DUE WITHIN ONE YEA R
31.12.21 31.12.20
Trade creditors 888 1,776
Social security and other taxes 1,894
Other creditors 1,170
Accrued expenses 2,492 2,162
3,380 7,002
MOVEMENT IN FUNDS
Net
movement At
At 1.1.21 in funds 31.12.21
Unrestricted funds
General fund 636,360 76,134 712,494
TOTAL FUNDS 636,360 76,134 712,494
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
f.
Unrestricted funds
General
fund		 422,563 (346,429) 76,134
TOTAL FUNDS 422,563 (346,429) 76,134
Comparatives for movement in funds
Net
movement At
At 1.1.20 in funds 31.12.20
Unrestricted funds
General
fund		 603,355 33,005 636,360
TOTAL FUNDS 603,355 33,005 636,360

Incoming Resources Movement
resources expended in funds
r
Unrestricted funds
General fund 359,270 (326,265) 33,005
TOTAL FUNDS 359,270 (326,265) 33,005
A current year 12months and prior year 12 months combined position is as follows:
Net
movement At
At 1.1.20 in funds 31.12.21
f.
Unrestricted funds
General fund 603,355 109,139 712,494
TOTAL FUNDS 603,355 109,139 712,494
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 781,833 (672,694) 109,139
TOTAL FUNDS 781,833 (672,694) 109,139

Priory Project Limited Priory Project Limited
Detailed Statement ofFinancial Activities
for the Year Ended 31December 2021
31.]2.21 31.12.20
INCOME AND ENDOWMENTS
Donations
and legacies
Donations (I) 1,777
Grants 1,115
1,114 1,777
Other trading
activities
Shop income 607
Investment
income
Deposit account interest 2,028 3,781
Charitable
activities
Resident fees 416,545 353,415
Other incorae
Other income 2,269 297
Total incoming resources 422,563 359470
EXPENDITURE
Charitable
activities
Wages 252,944 227,999
Pensions 6,401 5,359
Housekeeping 15,282 18,006
Holidays
for residents		 947 1,447
Personal
allowance		 9,735 8,698
Light &heat 6,383 6,060
Rates &water 3,706 2,838
Insurance 3,844 1,497
Repairs &.renewals 16,648 30,999
Depn offieehold property 2233 2,233
property 57 57
Depn ofplant & machinery 923 1,033
Depn offixture & fittings 1,143 1,327
Depn ofmotor vehicles 1,002 1,335
Depn ofcomputer equipment 360 360
321,608 309,248

Priory Project Limited
Detailed Statement ofFinancial Activities
for tbe Year Ended 31December 2021
31.12.21 31.12.20
Support costs
Management
Telephone 1,747 1,561
Stafftraining 2,655 906
Sundries 1,368 915
Motor expenses 2,282 2,231
Printing &stationery 2,273 1,575
Licences 6t subscriptions 4,751 2,637
DBSChecks 2,171 258
Bank charges 11 27
Legal fees 2,664 2,664
Professional fees 2,188 2,]05
Other interest 11
22,110 14,890
Governance costs
Accountancy fees 1,800 1,398
Payroll
fees		 911 729
2,711 2,127
Total resources expended 346,429 326265
Net income 76,134 33,005