Company registration number.. 01992759 Charity registration number.. 517478 Northern Counties Eventide Home Limited (A company limited by guarJnt¢e) Annual Report and Financial Stat¢m¢nts for ihe Year Ended 31 March 2021 KM Chartered Accountpnts 1st Floor, Block C The Wharf Manchestei Road Bumley Lancashire BBII IJG *AA71143V6 011071227 COMPANIES HJSE A17
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Northern Counties Eventide Home Limited Contents Reftrence and Adrninistraiive Details Trustees, Report 2to4 Independent Examinerf5 Report Stst¢ment of Finan¢i#l Activities Balanc¢ Sheet Statement of Cash Flows Notes to the Financial Siatements 9t0 15
Northern Counties Eventide Home Limited Reference and Administrative Details Truste¢s DT P G Barton Mr P G Cooper Mr B Murrny MrFGParr Mr D Singer Mr P G Cooper Seeretary Principal Office 36 Lancaster Road Birkdale Southport Lancashire PR8 2LE R¢gi$tered olee 36 Lanc&5ter Road Birkdale Southport Lanca5hire PR8 2LE The charity is inc001a1ed in England and Wales. 01992759 Cornpany Regi$tr#tion Number Ch#rity Registration Number 517478 Banker5 Royal Bank of Scotland 269 Lord Street Southport Lancashire PR8 IPH Independent Examiner KM Chartered Accountants Isi Fl(>or. Block C. The Wharf Manchester Road Burnley Lancashire BBII IJG Page I
Northern Counties Eventide Home Limited Trust¢¢s' Report The trustees. who are director5 for the purpose5 of company law. present the annual report together with the financial ststements of the ¢haritable company for the year eled 31 March 2021. The Company is limited by tsuaTaniee and registered with the Charity Commission with a Charity registration number of 517478. The Company registration number is 01992759. Trustees DrPGBarto Mr J M Barnsley (Resigned 6 May 2021) Mr P G Cooper Mr B Murray MrFGPa Mr D Singer Objeetives and aetivities The Charity's sole objective and aciivbty 15 to operdte a home which provides residential and dementia care. The home operates using the name 'Eveniide' and it has been located in the residential area of Birkdale. Southport since 1961. Eventide is registered with ihe Care Quality Commission (the 'CQC'). The home originally came into being at the initiative of a group of interested Chrisrians and it retsins its strong Christian ¢thos. Its inspiration and values are therefore derived from the Christian faith. It is anricipated thal the Charity will continue to seek io provbde the highest Standard of care possible and meet all levant regulatory requirements. Achievem¢nis The htsrne has continued to provide an environment conducive to meeting both physical and Spiritual needs of all residents. Eventide's residents include both pemianeni residents and those slaying on a short term basis for the purpose of respite care and convalescence. During the year under review. the number of pennanent residents averaged 23 and a totsl of 2 people benefitted from respite Care. with that number r¢du¢¢d a5 a result of Covid restrictions. In spite of the challenges of Covid and the l¢v¢l of dependency and frailty amongst residents, Eventide h&$ continued to provide quality residenlial care. Eventide Strives to achieve th¢ highest raring from ihe CQC and lh¢ home continues to be mainiained to high standards with improvemenES Constantly under review. The use of the tninibus thai Eventide owns h18 been curtailed during the year under review and the focus has been swit¢hed where possible to activities within ihe home and its upgraded garden. The prograrnme of activities has in a small part compensated for the limiraiions on family and other visiior5 that have had to be in force during the year. Eventide is reliant upon the efforts of lis employees who are highly committed and the home is hugely indebted to its employees for their efforts in the year in dealin8 with the challenge of the Covid pandemic. In the past Eventide has also been 5UPPOrted by the work of volunteers. This 5UPPOrt has not been possibl¢ during the Covid pandemic. Page 2
Northern Counties Eventide Home Limit¢d Trust¢¢$' Report Public benefit The trustees have considered guidanc¢ is$lled by the Charity Commission on public benefit in deciding wh aciivities the charity should undertake_ Cons¢qu¢ntly, in recognising the principles of the philosophy. in the course of the year under review. the charity ha5 rduced fees, at a cost io the charity. This allow5 a numbeT of residents to remain in the horne regardless of their ability to supplement the Local Authority paym¢nts. The trustees accordingly conflrn) that they have complied with the requirements of section 17 of the Charities Aci 2011 to have due r¢gard to the public benefit guidance published by the Charity Commission for England and Wales. Fin#Theial review The Charity incued a surplus of £32.625 for the year ended 31 March 2021 (2020.. deficit of £587}. Funds at the balance she¢t date amounted to £604.288 (2000- £571.663) and rhese are held for the gen¢ral purpose of the chority. The Charity'5 home w&% last valued for the purpose of the financial siatements in 2017 and further details given in note I I to the financial staiements. It 15 the policy of the Charity that unrestrided fvnds which have not been designated for a specific use should be maintained at a level equivalent to three moTrth5' expenditure. The trustees consider that reserves at this level will ensure that, in ihe event of a 5ignificani drop in fvndin& as a result of reduced occupancy levels or unplanned maintenance cosis, they will be able to continue the Charity's current aetivities while consideraiion is given to addressing additional fvndiftg. The level of free reserves at 31 March 2021 was £34,492 (2000.. £11.367) which is below the target. The tnL5tees will endeavour to increase reserves in the coming year. Slructurei governanee #nd management The trustee5 are ¢omtnitted to good governance and to maintsining the highest 5tsndards of integrity in all the Company'5 aCtivili¢s. Organi$ational structure and decision making There were six trusiees during the year and Dr P.G. Barton acted as chaimian. Mr John Barnsley, trustee. resigned on 6 May 2021. The trustees met on four occasions during rhe year under review and a fonnal agend together with supponing papers, wa5 circulated in advance of each meeting. All meetings were held using Zoom in the year under review. The General Manager 15 Miss E BaTr and she is supported by the Care Manager (Miss K Gorton) and other member5 of Staff. Both Miss Barr and Miss Gorton have extensive experience appropriate to their respective roles and att¢nd the trustee meetings. Matter5 con5id¢r¢d at such meetings include:_ l. Review of financial rewjjts including the annual financial statements- 2. Consideration of a report from the General Manager on a wide range of operational matt¢rs- 3. Annual salary and fte reviews 4. Succession planning- and 5. The strategic direction of ihe Company. Page 3
Northern Countiey Eventide Home Limlted MJw rlsls nd wngewi rf tkclsion Making The tru6ttts delwte the day dty of th¢ q)mtiowl •¢thiti¢s to the GeMai Mana8er and the oth¢r loul p1¢1 staffj nwc of whorn art trwteck Staff are sutyrct the overnll KupervisioD of thr tsw1¢¢6. Th¢r¢ is a w0c$ thby tnLSleES tllake lodi¢ iWioD Visits in addition to gny visits in cowicctiots with nelIngS. It bas not been for such visits be in the year wid¢r rryicw due to Ci)Trrid restrictiolls. Fryloyees fttteive 1#r rttaDdaW alld tr•initig with thr joI1ty of staff extce41in8 the Ic¥cl ofquwJifie4tioDs requiabY lewlati(ML M&jorrisk and nMDa8ettLent of thosc iisk The frttsttcs bav¢ &ssessed the nmjor risks to th¢ 16 ex1 end are s•tiBfivJ that ry1tets are i place lo miti8Htc cxptsure ts> the njor risk& Tbu¢ risks maitity tel to the health of th¢ tEsidct&ts. the voilabiiity of the htine and and the T4ridu rrtJli¢y thting Ihe se¢ts)r. Risk$ ate additionally montr¢d duriD8 wJpm780ry and are COved by the Sy4m of gletY itL6pections apply regideDlial lujmes as a &ll7t0tItVts#bo with the CQQ The Cbaritys WEbsit¢ xddrtss is WWw.eveIdee1y¢o.ll and • nnge of infonrotson about the awrity is tained t¢. This th¢ l•trs¢ CQC rwt. Th¢ anttual r¢p)rtW 440vedbY ttthL%*eS of the thrity 18 2021 •d si1 onits behf by. DrPGBart
Northern Counties Eventide Home Limited Independent Examiner'$ Report to the trustees of Northern Counties Eventide Home Limited I report to the charity trustees on my examination of the accounts of the charity ftir Ehe year ended 31 March 2021 which are sei out on pages 6 to 15. Respective responsibilit1£5 of trusle¢5 and examiner As the charity's trustees of Northern Couniies Eveniide Home Limited (and also its directors for the purposes of company lawl you are responsible for rhe preparation of the account5 in accordance with the requirements of the Companies Act 2006 ('Ihe 2006 Act,). Having satisfied myself that the accowits of Northem Counties Eventide Home Limit¢d ar¢ not required to be audited under Part 16 of the 2006 Act and are eligible for independ¢nt examination. I report in respect of my examination of your charity's accounts as Caled out und¢r Section 145 of the Chariti¢s Act 2011 ('th¢ 2011 Act.). In carrying out my examination I have followed the Directions given by ihe Charity Commission under section 145{5)(bl of the 201 l Act. Independent examiner's statement Since Northern Counties Eventide Home Limited's gross income exceeded £250,000 your examiner must be member of a body lisled in 5e¢tion 145 of the 2011 Act. I confirm that l am qualified tts undertak¢ the examination because l am a m¢rnber of the Associalion of Charity Indep¢nd¢nt Examiners. which 15 on¢ of the list¢d bodies. I have compleied Tny examination. I confimi that no matters have come io my attention in connection with the examinaiion giving me cause to believe.. a¢¢ounting rewrd5 were not kept in resprfl of Northern Counties Evenlide Home Limited as required by section 386 of the 2006 Acl., or 2. the accounts do not accord with thos¢ records" or 3. th¢ a¢counts do noi ¢ornply with the accounting reguiremenis of section 396 of the 2006 Act other than any requirement that the accounts give a'true and fair view which is not a matter consid¢Ted as part of an independent examination- or 4. the accounts have not been pr¢p¥red in accord8n¢¢ with the methods and principles of the Statement of Recornmended Prnctice for accounting and reporting by charities lapplicable io charities preparing their accounts in accordance with the Financial Rew)rting Sthndard applicable in the UK and Republic of Ir¢land IFRS 102)]. I have no concerns and have corne a¢ross no other matt¢TS in connection with the examination to which attention shou be drawn In this report ift order to eftable a proper understsnding of the accounts to be Ched. Mark Heaton FCCA FCIE DChA KM Charter¢d Accountsnts I st Floor, Block C The Wharf Manchester Road Bumley Lancashire BBII IJG 18June2021 Pag¢ 5
NortberD Counties Eventide Home Limited Statement of Financial Aetivities for tbe Year Ended 31 Marcb 2021 (Including Income attd Expenditure Account and Statement of Total Recognised Gains and Losses) Unresiritted funds Total 2021 Unrestricted funds Tot81 2020 Note Ineome from.. Donations and legacies Charitable aclivitie5 Oiher income 10,702 724.162 21,423 16.702 724.162 21,423 47.273 710,491 47,273 710,491 Total income 762.287 762.287 757.764 757,764 Expenditure OD: Chariiable activities (729.662) (729,662) 1758.351) 1758.351) Total expendilure (729,662) (729,662) {758,351) 1758,351 Net ineomel(expendilure) Net movement in funds 32.625 32.625 (587 587 32,625 32.625 (587) {587) ReeoneiliatioTr of funds Total fvnds brought fon¥ard 571,663 571,663 572.250 572.250 Total fvnds carried forward 604.288 604,288 571.663 571.663 All of the charity's aetivities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 15. Page 6
Northern Counti¢s Eventide Home IAmited (liegistratfon Dumber: 019927S9) Balte Sheet #s at 31 MAr¢h 2021 2021 Note Tgngible ass¢ 569.796 560296 Currtat 12 3.624 82313 17.469 71.859 Cath at bank attd in htd 86.437 89J28 Credit fallmg dmtvhthth othey¢Ar Net cwrent 13 34.492 IlJ67 auets 604288 571.663 Fmdg of th¢ ¢hwliy. U&til¢t¢d.fijDdS fAJ4288 571.663 Toll 15 604388 571.663 For the year c11D$ 31 Marth 2021 th¢ rhty wag thtided ts exeD¥ti& from qudit unthr ¢tiOn 477 Dire¢ttxs' respsibilIti. The TD¢mbu5 bjve not the ¢lMTity to obtsin an of its acmwhts for tt¥ year in queAioJJ . The dir¢ciors a¢knotIge their 11111ts¢s ft ¢ty18 with th¢ of thc Aet with r Sm1 compJni¢s r¢ginK' 2021 Jd 8ign&l on their behalf ty. DrPG .Tntslee
Northern Counties Ev¢ntid¢ Home Limited Statement of Cash Flows for the Year Ended 31 March 2021 2021 2020 Note Cash flows from operating aetivities Net incomel(expendiiure) 32.625 (587) Working tapitsl adjustments Decrease in debtors (Decrea5eyinGreas¢ in ereditors Increase in defe¢d income 12 13,845 (56,680) 53,618 9,731 13 Net cash flows from oTating activitie5 20,454 62,762 Cash f]oTrvs from investing activities Purchase of iangible fixed assets (9.500) 110.296) Net increase in cash and cash equivalents 10,954 52,466 19,393 Cash and cash equivalent5.at l April 71.859 Cash and cash equivalents at 31 March 82,813 71,859 All of the cash tlows are derived from continuing operations dvriDg th¢ #bove two periods. Page 8
NortherD Counties Eventide Home Limited Notes to the FinaD¢ial Statements for the Year Ended 31 March 2021 I Charity status The charity is limited by guarantee, in¢oTporated in England and Wales. and consequenily does noi have share capiial. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. The address of its regi51¢r¢d office is= 36 Lancaster Road BiTkdale Southport Lancashire PR8 2LE These financial siatements were authorised for issue by th¢ trust¢e5 on 18 June 2021. 2 Accounling policies Summary ofsignificaTrt accounting policies The principal accounting policies applied in th¢ preparation of these financial ststements are set out below. These policies have been consistently applied to all the years presented. unless otherwise stated. St3tement of tornplianee The financial statements have be¢n prepared in accordance with Accounting and Reporting by Charitie5.' Statement of Re¢omm¢nd¢d Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {effective l January 20151- (ChaTlties SORP {FRS 102)), the Financial Reponing Standard applicable in the UK and Republic of Ir¢land (FRS 102). They also comply with the Companies Acr 2006 and Charitie5 Act 2011. Basis of preparation Northern Counties Eventide Home Limited meets the d¢finition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless oiherwise stated in ihe relevant accouniing policy notes. Going concern The trustees consider that there are no material uncertainties aboui ihe charity's ability to continue a5 a going concern nor any significant area5 of uncertainty that affect the carrying value of asset5 held by the charity. Income All income is recognised once the charity ha5 entiilement to the income. it is probable that the income will be received and the amount of the income receivable can be measured reliably. Deferred iucome Def¢rred income represents amounts received for fuwre periods and is released io incoming resources in Éhe period for which, it has been reteived. Such income is only deferred when.. - The donor specifies thai the grant or donation must only be used in future accounting periods,. or - The donor has imposed conditions which must be met before the charity has unconditional entitlerneni. Page 9
Northern Counties Eventid¢ Home Limited Notes to the Financial Statements for the Year Ended 31 March 2021 Expenditure All expenditure is recotsnised once there is a legal or constructive obligation to that expenditure. li is probable settlement is required and the amount can be measured reliably. All costs are allocated io the applicable expenditure heading that aggregate similar costs to that category. Charitable expenditure comprises those costs incutTed by the charity in the delivery of its activities and services for its benefIciaries. li includes boih cosis that can be allocated direrily to su¢h a¢tivities and those cosis of an indirect naiure necessary io support them. Governance costs The5¢ include the costs altribuiable io the charity's compliance with constitutional and statutory requirement4 including independent examination. strategic management and trustees, meetings and reirnbursed expenses. Taxation The charity is considered to pass the iests sei out in Parngraph I Schedule 6 of the Finance Aci 2010 and therefore it meets the defini(ion of a charitsbl¢ ¢ornpany for UK Corporation purposes. Accordingly. th¢ charity is exempt from taxation in respect of in¢ome or capital gains received within caregories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. 10 the exteni that such income orgain5 are applied exclusively to chaiitsble purposes. Tangible fixed assets Individual fixed assets costing £500 or rnore are initially recorded at cosi. less any subsequent #¢cumulated depreciation and 5ub5equent accumulated irnpairn)eni losses. Depreeiation and amortisation Depreciation is provided on tangible fixed assets so as lo lte off th¢ ¢ost or valuaiion. le$s any estimated r¢5idual value, over their expected useful economic life a5 follows= A$set class Freehold property Fixtures and fitting5 Motor vehicles Depreciation method rate Not d¢preciated IOY• on reducing balance 25Y• on reducing balan Fund structure Unrestricied income funds ar¢ genernl funds that are available foT Use at the true¢S, diseretion in furtherance of the objectives of the charity. Designated funds are unresmcted fijnds set aside for specific purposes at the discretion of the trustee5. Pension5 and other p051 retirernent obl•g*lioNs The charity operates a defined contribution pension scherne whi¢h is 8 pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sulTicient &ssets to pay all employees the benefits relaiing io Ernployee service in the currenr and prior periods. Contributions to defined contribution plan5 are r¢cognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution du¢ for service, the excess is recognised as a prepayment. Page 10
NortberD Counties Eventide Home Limited Notes to the Finant121 Statelnents for the Year Ended 31 March 2021 3 Income frorn donations #nd Iweies Unr¢slrtcted funds Total 2021 Tot81 2020 General Donations from individuals Legacies 16,702 16.702 2,273 45.000 16,702 16.702 47,273 4 Income frorn charitable attiwltles Unrestrieted funds Total 2021 Total 2020 General Provision for residential care 724.162 724,162 710,491 S £xpenditure eharitable #ttivities Unrestrieted funds Totzl 2021 Tot31 2020 Ceneral Note Residential care Staff costs Governance cosis 212,243 512.007 5.412 212,243 512,007 5.412 241,022 513,542 3,787 729.662 729,662 758,351 £729.662 (2020 - £758.351) of the above expenditure was attributable to unrestricted funds and £Nil (2020 - £Nil) tts Testricted fvnds. Pagell
Northern Counties Eventide Home Limited Notes to Ihe Financial St*teJnents for the Year Ended 31 March 2021 6 Analysis of governahce support eosts Governance costs Unrestricted funds Tot¥1 2021 Tot31 2020 G¢n¢r¥l Independent examinevs ftes Examination of the financial ststements Other fees paid to examiner 2,400 3.012 2,41)0 3.012 1,746 2.041 5.412 5,412 3,787 7 Trustees rernuTreration and exptnse5 No trustees. nor any persons connected with them. hav¢ received any remuneration from the charity during the year. No tThstees hav¢ received any reirnbur5¢d ¢xpenses or any oth¢r benefits from the charity during the year. 8 Staff costs The a&tsrege payroll costs were as follows.. 2021 2020 Staff costs during the year were: Wages and salaTie5 Social security costs Pension costs 467,570 -34.534_ 9,903 471,630 31,886. 10,026 512.007 513,542 The monthly average number of persons (including senior managemeni team) employed by the charity during the year expr¢55ed as full time equivalents was as follows.. 2021 No 2020 No Charitable activiti¢5 No employee received emoluments of more than £60.000 during the year. Page 12
North¢rD Counties Eventide Home Limited Notes to the Financial Statements for tb¢ Year Ended 31 March 2021 9 Independent examiner's remuneration 2021 2020 Examination of the financial statements Payroll and bookkeeping services 2,4(K) 3.012 1,746 2,041 3,787 5.412 10 Taxation The charity is a registered Charity and is therefore exempi from t&xation. I l Tanglble fixed assets Land and buildiTLgs Furniture And equipment Motor vehicle5 Total Cost or valuation At l April 2020 Addition5 560.296 9.5(Kl 7,980 37.964 606,240 9,500 At 31 March 2021 569,796 7.980 37.964 615,740 Depreciation At l April 2020 7.980 37.964 45,944 At31 mah2o27 7.980 37,964 45,944 Net book value At 31 March 2021 569.796 569,796 At 31 Mar¢h 2020 560.296 560,296 ReYalu8tion Land and building5 comprise a leasehold propetry with a lease of 999 years from l January 1904. This was revalued on 13th June 2017 at £550,000 by Fitton Esta, ind¢pend¢nt specialist estste agents of Southport. Merseyside and this revaluation is reflected in the a¢counts. Had this class of asset been measured on a historical cost basis. the carrying amouni would have been £492,066 (2020- £482,560). Page 13
Northern Counties Eventide Home Limited Notes to the Financial Statements for the Year Ended 31 March 2021 12 Debtors 2021 2020 Trade debtors Prepayments A¢¢rued income Other d¢btor5 3.624 4.752 4,500 8.200 3.624 17.469 13 Creditors- amounts falling due within one year 2021 2020 Trade creditors Other taxation and social security Other creditors Accruals Deferred income 8.076 7,942 359 4,904 30,664 47,856 9.033 40 21,032 51,945 77.961 2021 2020 Resources deferred in the period Deferred incorne at year end 30,664 30,664 14 PeD5ion and other schemes Defirted eontribution pension s¢hem¢ The ¢harity operdtes a defined contriburion pension sch¢me. The pension cost charge for ihe year represent5 ontribulioThs payable by the charity to the scheme and amounted to £9,903 (2020- £10,026). There were no outsianding or prepaid contriblrtions at either th¢ beginning or end of the financial year. Page 14
Northern Counties Eventide Home Limited Notes to the Financial Statements for the Year End¢d 31 March 2021 IS Funds Balante at I April 2020 Incoming resources Resourc expended Balan£2 at 31 March 2021 Unrestrieted fd9 General 493.933 762,093 (729.468) 526,558 Revaluation reserve 77.730 77,730 Total funds 571,663 762.093 729,468) 604,288 Balanee t I April 2019 Incorning re50ure¢s Resourcts expended Balxnce at'31 March 2020 Unrt5tricted funds General 494,520 756.716 (757,303) 493,933 R¢valuation reserve 77.730 77,730 Total fund5 572.250 756.716 (757.303 571,663 16 AnAlysis of net assets between fund5 Unrestricted funds General Designated Total funds Year Ended 31st Mareh 2021 Tangible fixed a55ets Current assets Current liabilities 492.066 86.437 151,945 77,730 569,796 86,437 (51,945) Total net assets 526,558 77.730 604,288 Unrestritted (d$ Gener1 Designated Total funijs Year Ended 31st March 2020 Tangible fixed se(S Current osseis Curreni liabilities 482.566 89.328 77.961 77.730 560.296 89.328 (77,961 Total net a5s¢15 493.933 77.730 571.663 Page 15