| LINCOLNSHIRE HOUSE |
ASSOCIATION | ASSOCIATION | ASSOCIATION | |
|---|---|---|---|---|
| Financial statements for |
the ear ended 31 March 2021 |
|||
| CONTENTS | PAGE | |||
| Executive Council's report |
||||
| Independent auditor's |
report | |||
| Statement offinancial | activities | |||
| Income and expenditure account |
10 | |||
| Balance sheet | ||||
| Statement ofcash flows | 12 | |||
| Notes to the financial | statements | 13 | ||
| The following pages |
do not form | part ofthe statutory | accounts: | |
| General account | 21 | |||
| Activities income and | expenditure | account | 22 | |
| Power chair account | 22 | |||
| The Wish Appeal Fund |
23 |
| For the ear ended |
31 March 202 | 1 | |||||
|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | ||||
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| Notes | |||||||
| Income from: | |||||||
| Donations Charitable activities Other trading activities —fundraising Other Investment income - bank interest |
events | 86,994 6,301 64 |
1,681,655 82,362 2,182 |
86,994 1,681,655 6,301 82,426 2,182 |
8,429 1,843,271 18,154 8,478 9,582 |
||
| Total income | 93,359 | 1,766,199 | 1,859,558 | 1,887,914 | |||
| Expenditure on: |
|||||||
| Charitable activities |
4 | 1,028 | 1,671,794 | 1,672,822 | 1,653,967 | ||
| Total expenditure | 1,028 | 1,671,794 | 1,672,822 | 1,653,967 | |||
| Net income | 92,331 | 94,405 | 186,736 | 233,947 | |||
| Transfers between |
funds | (93,295) | 93,295 | ||||
| Net movement in funds for the year |
(964) | 187,700 | 186,736 | 233,947 | |||
| Total funds brought | forward | 3,176 | 5,136,877 | 5,140,053 | 4,906,106 | ||
| Total funds carried | forward | 2,212 | 5,324,577 | 5,326,789 | 5,140,053 |
| Income | |
|---|---|
| Investment | income |
| Gross income | |
| Expenditure | |
| Net income |
| 2021f | 2020 E |
|---|---|
| 1,857,376 | 1,878,332 |
| 2,182 | 9,582 |
| 1,859,558 | 1,887,914 |
| 1,672,822 | 1,653,967 |
| 186,736 | 233,947 |
| Year ended 31 March 2021 | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Cash flow from operating | activities | |||
| Net income for the year | 186,736 | 233,947 | ||
| Depreciation | 74,594 | 78,257 | ||
| Interest received | (2,182) | (9,582) | ||
| Decrease in debtors |
21,583 | 32,125 | ||
| Increase/(decrease) in creditors |
110,996 | (11,508) | ||
| 391,727 | 323.239 | |||
| Cash flow from investing | activities | |||
| Interest received | 2,182 | 9,582 | ||
| Payments to acquire tangible |
fixed assets | (93,913) | (358,274) | |
| Net cash flow from investing | activities | (91,731) | (348,692) | |
| Increase/(decrease) in cash |
and cash equivalents | |||
| in the year | 299,996 | (25,453) | ||
| Cash and cash equivalents | at 1 April 2020 | 2,281,286 | 2,306,739 | |
| Cash and cash equivalents | at 31 March 2021 | 2,581,282 | 2,281,286 | |
| Cash and cash equivalents | consists of: | |||
| Cash at bank and in hand |
2,581,282 | 2,281,286 | ||
| Cash and cash equivalents | at 31 March 2021 | 2,581,282 | 2,281,286 |
| Anal sis of | ex enditur | e on charita |
ble act |
ivities | |||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Restricted | Unrestricted | Total | Totalf | ||||
| Carers' salaries | 1,093,988 | 1,093,988 | 1,110,645 | ||||
| Food and provisions | 38,323 | 38,323 | 45,748 | ||||
| Repairs and | renewals | 127,053 | 127,053 | 99,709 | |||
| Telephone charges |
1,305 | 1,305 | 1,527 | ||||
| Printing, stationery and |
advertising | 14,059 | 14,059 | 11,882 | |||
| Travel and motor expenses | 4,885 | 4,885 | 7,237 | ||||
| Heating and |
light | 47,854 | 47,854 | 49,971 | |||
| Insurance | 29,999 | 29,999 | 26,780 | ||||
| Rates | 17,056 | 17,056 | 18,615 | ||||
| Care quality | commission | registration | fee | 5,779 | 5,779 | 5,779 | |
| Course and tuition fees | 3,400 | 3,400 | 3,081 | ||||
| Cleaning and sundry |
22,838 | 22,838 | 13,838 | ||||
| Activities | 1,028 | 1,028 | 972 | ||||
| Depreciation | 74,594 | 74,594 | 78,257 | ||||
| Housekeeping | 5,661 | ||||||
| Governance | costs (see | note 5) | 190,661 | 190,661 | 174,265 | ||
| 1,028 | 1,671,794 | 1,672,822 | 1,653,967 | ||||
| Anal sis of | overnance costs | ||||||
| 2021 | 2020 | ||||||
| Restricted | Unrestricted | Total f. |
Totalf | ||||
| Bank charges and interest | 1,190 | 1,190 | 1,328 | ||||
| Accountancy | and audit | fees | 5,782 | 5,782 | 6,274 | ||
| Legal and professional | fees | 15,029 | 15,029 | 2,570 | |||
| Administration | salaries | 162,631 | 162,631 | 159,610 | |||
| Administration | staff pensions | 6,029 | 6,029 | 4,483 | |||
| 190,661 | 190,661 | 174,265 | |||||
| Government | Grants | ||||||
| 2021 | 2020 | ||||||
| Restricted | Unrestricted | Total | Total | ||||
| Coronavirus | assistance | measures | 82,362 | 82,362 |
| This is s | tated | aft | er charging: | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| E | |||||||
| Depreciation | and | amortisation | ofowned | assets | 74,594 | 78,257 | |
| Auditor's | remuneration: | ||||||
| Audit | fees | 3,600 | 3,600 | ||||
| Accountancy | services | 2,182 | 2,674 |
| The total staff costs and employees benefit's was |
as follows: | |
|---|---|---|
| 2021 | 2020 | |
| Wages and salaries | 1,152,054 | 1,174,257 |
| Social security costs | 76,493 | 70,906 |
| Pension costs | 34,101 | 29,575 |
| 1,262,648 | 1,274,738 |
| 2021 | 2020 | ||
|---|---|---|---|
| Charitable | activities | 70 | 82 |
| Governance | 4 | 4 | |
| 74 | 86 |
| Fixtures | |||||
|---|---|---|---|---|---|
| Leasehold | and | Motor | |||
| ~ro i~art | f~ittin s | vehicles | Total | ||
| E | E | E | |||
| Cost | |||||
| At 1 April | 2020 | 3,538,321 | 174,282 | 104,167 | 3,816,770 |
| Additions | 93,913 | 93,913 | |||
| At 31 March 2021 | 3,632,234 | 174,282 | 104,167 | 3,910,683 | |
| ~De reciation | |||||
| At 1 April | 2020 | 768,914 | 160,667 | 73,814 | 1,003,395 |
| Provided | during the year | 63,601 | 3,405 | 7,588 | 74,594 |
| At 31 March 2021 | 832,515 | 164,072 | 81,402 | 1,077,989 | |
| Net book | value | ||||
| At 31 March 2021 | 2,799,719 | 10,210 | 22,765 | 2,832,694 | |
| At 31 March 2020 | 2,769,407 | 13,615 | 30,353 | 2,813,375 |
| 10 | Stocks | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Consumables | 2,200 | 2,200 | |||
| 11 | Debtors: All | receivable | within one year | ||
| 2021 | 2020 | ||||
| Trade debtors | 67,400 | 86,278 | |||
| Prepayments | and accrued income | 9,563 | 12,268 | ||
| 76,963 | 98,546 |
| Creditors: Amounts f |
alling due within one year | ||
|---|---|---|---|
| 2021 | 2020f | ||
| Trade creditors | 43,932 | 8,662 | |
| Other tax and social security | 15,058 | 16,212 | |
| Other creditors | 9,491 | 12,844 | |
| Accruals and deferred | income | 97,869 | 17,636 |
| 166,350 | 55,354 |
| Anal sis ofmovement in unrestricte |
d funds |
||||
|---|---|---|---|---|---|
| ~Desi | usted | ||||
| Fund for | Total | ||||
| Retained | Assets | WISH Unrestricted | |||
| ~Sur lus |
~Com 1eted |
~A | )eal | Funds | |
| E | |||||
| Balance at 1 April 2020 | 2,060,932 | 2,720,005 | 355,940 | 5,136,877 | |
| Incoming resources | 1,766,199 | 1,766,199 | |||
| Resources expended | (1,608,193) | {63,601) | (1,671,794) | ||
| Transfers | 93,913 | (618) | 93,295 | ||
| Balance at 31 March 2021 | 2,218,938 | 2,750,317 | 355,322 | 5,324,577 |
| Anal sis | ofmovement in restricted |
funds | |||
|---|---|---|---|---|---|
| Power | |||||
| WISH | Chair | Total | |||
| Activities | A~)eal | Football | Restricted | ||
| Fund | Fund | Fund | Funds | ||
| Balance | at 1 April 2020 | 2,309 | 867 | 3,176 | |
| Incoming | resources | 64 | 93,295 | 93,359 | |
| Resources expended | (1,028) | (1,028) | |||
| Transfers | (93,295) | (93,295) | |||
| Balance | at 31 March 2021 | 1,345 | 867 | 2,212 |
| Fund balances at | 31 March 2021 are represente | d by: |
||
|---|---|---|---|---|
| Restricted | Unrestricted | |||
| funds | funds | Total | ||
| Tangible fixed assets | 2,832,694 | 2,832,694 | ||
| Cash at bank and | in hand | 2,212 | 2,579,070 | 2,581,282 |
| Other net current | assets/(liabilities) | (87,187) | (87,187) | |
| Total | 2,212 | 5,324,577 | 5,326,789 |
| General account for the | ear ended | 31 March 2021 | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| f. | |||||
| Income | |||||
| Social security benefits and | third parties | 218,844 | 222,790 | ||
| Personal allowances | (23,257) | (24,273) | |||
| Local authority and third |
parties | ||||
| -day attenders -funding |
101,900 1,152,317 |
138,166 1,166,506 |
|||
| -respite care -assessment fees |
138,095 243 |
159,303 285 |
|||
| -continuing care |
90,583 | 180,494 | |||
| Sundry receipts Grants received |
2,930 82,362 |
6,803 | |||
| Rents received | 690 | ||||
| Bank interest received | 2,182 | 9,582 | |||
| Donations | 152 | ||||
| 1,766,199 | 1,860,498 | ||||
| Less: Overheads | |||||
| Salaries and employees Food and provisions |
healthcare | 1,262,648 38,323 |
1,274,738 45,748 |
||
| Repairs and renewals Telephone charges Printing, stationery and advertising Travel and motor expenses Heating and lighting lnsurances |
127,053 1,305 14,059 4,885 47,854 29,999 |
99,709 1,527 11,882 7,237 49,971 26,780 |
|||
| Rates | 17,056 | 18,615 | |||
| Accountancy charges Bank charges Legal, professional and CRBfees Care Quality Commission registration Course and tuition costs |
fee | 5,782 1,190 15,029 5,779 3,400 |
6,274 1,328 2,570 5,779 3,081 |
||
| Cleaning and sundry expenses Housekeeping Depreciation |
22,838 74,594 |
13,838 5,661 78,257 |
|||
| 1,671,794 | 1,652,995 | ||||
| Net surplus for the year |
94,405 | 207,503 |
| Activities incom | e and ex enditure account for the | ear ended 31 | March 2021 | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| E | |||||
| Balance brought | forward | 2,309 | 2,296 | ||
| Income | |||||
| Arts and crafts | 621 | ||||
| Reiki | 12 | 45 | |||
| Health and beauty | 37 | 59 | |||
| Baking | 15 | 64 | 260 | 985 | |
| 2,373 | 3,281 | ||||
| Expenditure | |||||
| Arts and crafts | 220 | ||||
| Reiki | 1,008 | ||||
| Health and beauty | 20 | 583 | |||
| Baking | 142 | ||||
| Licences | 27 | ||||
| 1,028 | 972 | ||||
| Balance carried | forward | 1,345 | 2,309 | ||
| BLFGrant- Power Chair Football account for the | ear ended 31 | March 2021 | |||
| 2021 | 2020f | ||||
| Balance brought | forward | 867 | 867 | ||
| Balance carried | forward | 867 | 867 |
| The Wish A eal Fund for the ear ended 31 lwarch 2021 |
||
|---|---|---|
| 2021f | 2020 | |
| Income | ||
| Donations received |
86,994 | 8,277 |
| Net Income from Fund Raising Efforts | ||
| 200 Club | 4,435 | 4,580 |
| Horse Racing Night Tote/Bonus Ball |
110 144 |
|
| Midsummer Walk |
994 | |
| Car Bootsales | 571 | 1,103 |
| Quiz Nights Sportsman's Dinner |
378 2,795 |
|
| Christmas Draw |
1,000 | 1,648 |
| Summer Fete | 1,980 | |
| Christmas Fayre Collection boxes |
536 115 |
|
| Tea Party —Dance marathon Ria's Walk |
1,310 735 |
|
| Bingo Easter Fayre Craft Fayre Kurling Lines Lotto |
295 | 379 421 338 199 304 |
| Karate Club | 85 | |
| 6,301 | 18,154 | |
| Total income | 93,295 | 26,431 |
| Surplus for the year | 93,295 | 26,431 |
| The Wis | h A eal Fund for th |
e ear ended 31 Mar |
ch 2021 | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Balance | brought forward at 1 April 2020 |
||||
| Funds raised during the year | 93,295 | 26,431 | |||
| Phase 9 | expenses transferred | to Assets Completed | Fund | (93,913) | (357,330) |
| Phase 10expenses transferred | to Assets Completed | Fund | (944) | ||
| Transfer | from designated fund |
618 | 331,843 | ||
| Fund balance at 31 March 2021 | |||||
| Amount | Designated for the fund from the Retained Surplus |
||||
| Balance | brought forward |
355,940 | 637,783 | ||
| Transfer | to restricted fund |
(618) | (331,843) | ||
| Transfer | from unrestricted surplus |
50,000 | |||
| Balance | at 31 INarch 2021 | 355,322 | 355,940 | ||
| Total Wish Appeal Fund | 355,322 | 355,940 |