OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Page
Report ofthe Trustees 1 to 8
Report ofthe Independent
Auditors		 9 to 12
Statement ofFinancial Activities 13
Balance Sheet 14
Cash Flow Statement 15
Notes to the Financial Statements 16 to 26
Detailed Statement ofFinancial Activities 27 to 28

FORT HE YEAR ND
31MAR		 CH2023
31.3,23 3L322
Unrestricted Restricted Total Total
fund funds funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 1,983 1,983 7/87
Charitable
activities
Nursing
home		 1,682,416 728,581 2,410,997 2,458,171
Investment
incoine		 4,222 4/22 3,098
Total 1,688,621 728,581 2,417/02 2,468,556
EXPENDITURE ON
Charitable
activities
Nursing
horne		 1,702,690 728,581 2,431,271 2/63,783
Net gains/(losses)
on investments		 (17452) (17,252) (5,485)
NET INCOME/(EXPENDITURE) (14,069) (17252) (31,321) 99/88
RECONCILIATION OF FUNDS
Total funds brought
forward		 255,740 247,988 503,728 404,440
TOTAL FUNDS CARRIED FORWARD 241,671 230,736 472,407 503,728

ST.HELENS 8t KNOWS Y ATI
BAL SHEET
1 ARCH 2 23
31.3.23 31.322
Unrestricted Restricted Total Total
fund funds funds funds
Notes
FIXEDASSETS
Tangible assets 12 663,594 663,594 694/74
CURRENT ASSETS
Stocks 13 3,313 3,313 2,813
Debtors 14 62,180 62,180 161,920
Investments 15 171,684 171,6&4 189,034
Cash at bank and in hand 641,329 59,052 700,381 640,961
706,822 230,736 937,558 994,728
CREDITORS
Amounts
falling due within one year		 16 (128,745) (128,745) (185374)
NET CURRENT ASSETS 578,077 230,736 808,813 809354
TOTAL ASSETSLESSCURRENT
LIABILITIES 1/41,671 230,736 1,472,407 1/03,728
CREDITORS
Amounts
falling due after more than one year		 17 (1,000,000) (1,000,000) (1,000,000)
NET ASSETS 241,671 230,736 472,407 503,728
FUNDS 20
Unrestricted
funds		 241,671 255,740
Restricted funds 230,736 247,988
TOTAL FUNDS 472,407 503,728
T HELEN T HELEN &KNOWSL &KNOWSL Y NG A I
A H FLOW TATEMENT
FORTHEYE ENDED I MAR H2
31.3.23 31.322
Notes
Cash IIows froin operating activities
Cash generated
irom operations		 23 55,101 59,827
Changes
in investments		 9/35 (2,681)
Net cash provided
by operating		 activities 64,436 57,146
Cash IIows from investing activities
Purchase oftangible fixed assets (5,084)
Saleoffixed asset investments (9@38) 2,514
Interest received 4@22 3,098
Net cash (used in)/provided by investing activities (5,016) 528
Change in cash and cash equivalents in the
reporting
period		 59,420 57,674
Cash and cash equivalents at tbe beginning
ofthe reporting
period		 640,961 583,287
Cash and cash equivalents at tbe end oftbe
reporting
period		 700/81 640,961

2. DONATIONS DONATIONS AND LEGACIES AND LEGACIES AND LEGACIES
31.3.23 31.322
Unrestricted Restricted Total Total
funds funds funds funds
Donations 1,983 1,983 7$,87
3. INVESTMENT INCOME
31.3.23 31.322
Unrestricted Restricted Total Total
funds funds funds funds
investment Income 4,222 4,222 3,098
INCOME FROM CHARITABLE ACTIVITIES
31.3.23 31.3.22
Activity
Primary Care Trust Grant Nursing home 728/81 899,811
Accommodation fees Nursing horne 1,643,739 1,342@27
Daycare fees Nursing home 16,650 6,575
Covid grant income Nursing home 209,558
Workforce development grant Nursing home 22,027
2,410,997 2,458,171

5. CHARI TABLE ACTIV ITIES COSTS
Support
Direct costs (see
Costs note 6) Totals
Nursing home 2,273,072 158,199 2,431271
6. SUPPORT COSTS
Information
Management Finance technology
Nursing home 126/77 1,663 20,997
Governance
Other costs Totals
Nursing horne 3,982 5/80 158,199
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting);
31.323 31.3.22
K
Auditors' remuneration 5/80 5,160
Depreciation - owned assets 30,780 32,706

STAFFCOSTS
31.3.23 31.322
Wages and salaries 1,690+66 1,691,850
Social security costs 121,452 104,069
Other pension costs 32,991 34,886
1,844,709 1,830,805
The average monthly number ofemployees during the year was as follows:
31.3.23 31.322
Administration 4 4
Nursing 66 72
Ancillary 18 19
88 95
The number ofemployees whose employee benefits (excluding employer pension costs) exceeded &%,000 was:
31.323 31.3.22
&%,001 - f70,000 1 1
On occasions it is found necessary to supplement
Nursing staff by hiring nurses through		 an external Agency,
During
the year under review the costs involved were &l3,855(2022:817,699)which is included in StaffCosts.
COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 7,287 7/87
Charitable
activities
Nursing home 1458,359 899,812 2,458,171
Investment
income		 3,098 3,098
Total 1,568,744 899,812 2,468,556
EXPENDITURE ON
Charitable
activities
Nursing
home		 1,463,971 899,812 2,363,783
Net gains/(losses)
on investments		 (5,485) (5,485)
NET INCOME/(EXPENDITURE) 104,773 (5,485) 99@88

Unrestricted Restricted Total
fund funds funds
RECONCILIATION OFFUNDS
Total funds brought
forward		 150,967 253,473 404,440
TOTAL FUNDS CARRIED FORWARD 255,740 247,988 503,728
GAINS AND LOSSESON INVESTMENT ASSETS

12. TANGIBLE FIXEDASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
COST
At 1 April 2022 and 31 March 2023 1,153,939 368378 12,097 1,534,414
DEPRECIATION
At 1 April 2022 511,949 328,091 840,040
Charge for year 23,078 7,702 30,780
At 31 March 2023 535,027 335,793 870,820
NET BOOKVALUE
At 31 March 2023 618,912 32,585 12,097 663,594
At 31 March 2022 641,990 40/87 12,097 694,374
13. STOCKS
31.3.23 3L322
Stocks 3,313 2,813

NOTE
T
FINANC
LSTATEME
-continued
FORTHE YEAR ENDE
1MARCH 202		 NOTE
T
FINANC
LSTATEME
-continued
FORTHE YEAR ENDE
1MARCH 202
14. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
Trade debtors 44,519 145,800
Prepayments 17,661 16,120
62,180 161,920
15. CURRENT ASSETINVESTMENTS
Market value at 1 April 2022 189,034
Additions
atcost		 144,810
Disposals at market value (151327)
Gains on disposals (9/38)
Movement
in cash deposits		 6,419
Change in market value (8,014)
171,684
Market value at 31 March 2023
A detailed
summary ofthe total current asset investments		 as at 31 March 2023 is as follows:
Bonds 81,806
Equities 80,436
Cash on deposit 9,442
TOTAL CURRENT ASSET INVESTMENTS 171,684
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
Accrued expenses 128,745 185374

ST.HELE N
KN
L		 EY GASSOCIATION GASSOCIATION
NOTES T THE FI IAL EMENTS - continued
F RTHE YEAR ENDED CH 2023
17. CREDITORS:AMO~ FALLING DUE AFTER MORE THAN ONE YEAR
31.323 31.3.22
Other loans (see note 18) 1,000,000 1,000,000
18. LOANS
An analysis ofthe maturity ofloans is given below:
31.3.23 31.3.22
Amounts
falling due		 in more than five years:
Repayable
otherwise		 than by instalments:
Other loans more Syrs non-inst 1,000,000 1,000,000
19. SECURED DEBTS
The following
secured debts are included
within creditors:
31.3.23 31.322
Other loans 1,000,000 1,000,000
The mortgage
is secured by a legal charge on the ireehold property		 in favour ofThe NHS Commissioning Board, but
will not be due unless the Charity ceases to operate or the building is sold.
20. MOVEMENT IN FUNDS
Net
movement At
At 1.4.22 in funds 31.323
Unrestricted
funds
General
fund		 255,740 (14,069) 241,671
Restricted funds
Revaluation
fund		 41,695 (17,252) 24,443
Patient Amenities 206293 206,293
247,988 (17452) 230,736
TOTAL FUNDS 503,728 (31321) 472,407

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
General fund 1,688,621 (1,702,690) (14,069)
Restrkted funds
Revaluation
fund		 (17352) (17,252)
Patient Amenities 728,581 (728,581)
728/81 (728,581) (172,52) (17452)
TOTAL FUNDS 2,417/02 (2,431/71) (17,252) (31/21)
Comparatives
for movement		 in funds
Net
movement At
At 1.4.21 in funds 31.322
Unrestricted
funds
General fund 150,967 104,773 255,740
Restricted funds
Revaluation
fund		 47,180 (5,485) 41,695
Patient Amenities 206293 206493
253,473 (5,485) 247,988
TOTAL FUNDS 404,440 99/88 503,728
Comparative
net movement		 in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
f.
Unrestricted
funds
General
fund		 1,568,744 (1,463,971) 104,773
Restricted funds
Revaluation
fund		 (5,485) (5,485)
Patient Amenities 899,812 (899,812)
899,812 (899,812) (5,485) (5,485)
TOTAL FUNDS 2,468,556 (2,363,783) (5,485) 99/88

Net
movement At
At 1,4.21 in funds 31.323
Unrestricted funds
General fund 150,967 90,704 241,671
Restricted funds
Revaluation fund 47,180 (22,737) 24,443
Patient Amenities 206493 206393
253,473 (22,737) 230,736
TOTAL FUNDS 404,440 67,967 472,407
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 3/57/65 (3,166,661) 90,704
Restricted funds
Revaluation fund (22,737) (22,737)
Patient Amenities 1,628,393 (1,628393)
1,628,393 (1,628093) (22,737) (22,737)
TOTAL FUNDS 4,885,758 (4,795,054) (22,737) 67,967

RECONCILIATION OF NET (EXPENDIT URE)/INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
31.3.23 31,322
Net (expenditure)/income for the reporting period (as per the Statement
ofFinancial Activities) (31,321) 99,288
Adjustments
for:
Depreciation
charges		 30,781 32,707
Losses on investments 17/52 5,485
Interest received
(Increase)/decry
in
Decrease/(incr')
in		 stocks
debtors		 (4/22)
(500)
99,740		 (3,098)
308
(70,429)
Decrease in creditors (56,629) (4,434)
Net cash provided
by		 operations 55,101 59,827
ANALYSIS OFCHANGES IN NET DEBT
At 1.422 Cash flow At 31.3.23
Net cash
Cash at bank and in hand 640,961 59,420 700/81
640,961 59,420 700,381
Liquid resources
Deposits included
in cash
Current asset investments 189,034 (17/50) 171,684
189,034 (17,350) 171,684
Debt
Debts falling due after 1 year (1,000,000) (1,000,000)
(1,000,000) (1,000,000)
Total (170,005) 42,070 (127,935)

Defend income comprises grant income received in advance relating to services provided during the year ending 31
March 2024.
Balance as at 1 April 2022 85,992
Amount released to incoming resources (85,992)
Amount deferred in year ~23 04
Balance as at 31 March 2023 ~2dhQ

T
ELENS		 dk KN
S
CARIN		 dk KN
S
CARIN		 OCIAT I
DETAILED TEMENT OFFI CIAL A ITIES
FOR THE D31 CH 2023
313.23 31,322
INCOME AND ENDOWMENTS
Donations and legacies
Donations 1,983 7/87
Investment
income
Investment
Income		 4/22 3,098
Charitable
activities
Primary Care Trust Grant 728,581 899,811
Accommodation
fees		 1,643,739 1,342327
Daycare fees 16,650 6,575
Covid grant income 209,558
Workforce development grant 22,027
2,410,997 2,458,171
Total incoming
resources		 2,417/02 2,468,556
EXPENDITURE
Charitable
activities
Wages 1/89/45 1,596,682
Social security 121,452 104,069
Pensions 32,991 34,886
Property expenses
Recruitment 4training		 282,596
14,677		 252209
9,057
Staffuniforms 5,351 4,860
Gardens 4,windows
Cleaning k laundry		 11,758
54,515		 8/78
48,851
Patient activities 5,026 4,782
Provisions 84,337 74,509
Medical supplies 9,700 9,820
Incontinence
products		 30,234 31,663
Bed linen 409 868
Freehold property 23,079 23,079
Plant and machinery 7,702 9,628
2/73,072 2/13/41
Support costs
Management
Wages 101,02] 95,168
Telephone 7,043 10,777
Carried forward 108,064 105,945

T LENS 8c
SLEYCA		 8c
SLEYCA		 G G ION
D AILED T TEMENT OF F ANCIAL IVITI
F THE YEA ENDED 31M CH20
31.3.23 31.322
Management
Brought forward 108,064 105,945
Postage and
Travel		 stationery 6,358
1,013		 5,468
1,921
Management fees 10,842 11,151
126,277 124,485
Finance
Bank charges 1,663 1,311
Inforination technology
Computer
costs		 20,997 17,944
Other
Sundries 3,982 1,642
Governance costs
Auditors'
remuneration		 5,280 5,160
Total resources expended 2,431+71 2,363,783
Net (expenditure)/income before gains and
losses (14,069) 104,773
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investinents (9/38) 2,514
Net (expenditure)/lincome (23/07) 107287