##
|||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|
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||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|
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|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|
##
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|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|
##
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|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|
##
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||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|
##
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##
##
||||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|
##
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##
##
|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)|
##
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##
|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|