2022-03-31-accounts

DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

COMPANY REGISTRATION NUMBER: 02343769 CHARITY REGISTRATION NUMBER: 701229

The John Thornhill Memorial Trust

Company Limited by Guarantee Financial Statements

31 March 2022

MCABA Limited t/a Mitchells Chartered Accountants 91-97 Saltergate Chesterfield Derbyshire S40 1LA

DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Financial Statements

Year Ended 31 March 2022

	Page
Trustees' annual report (incorporating the director's report)	1
Independent auditor's report to the members	10
Statement of financial activities (including income and expenditure account)	15
Statement of financial position	16
Statement of cash flows	17
Notes to the financial statements	18

DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year Ended 31 March 2022

The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 March 2022.

Chair's report

Purpose and impact

Thornhill House continues to prioritise safety and care for their residents from the local community and has again been fully occupied during this year. The residents mix include those receiving Residential Care, those requiring Nursing Care and some qualifying for Continuing Healthcare. Thornhill House continued to serve the community during the past year by offering Meals on Wheels to members of the local and nearby villages.

Challenge of Coronavirus

For much of the last financial year, the world was engulfed with the Coronavirus pandemic which has had a devastating impact across the country as a whole and specifically the Care Sector. Thornhill House has continued to cope with the constant threat of the Covid-19 virus entering the home, as has happened in a lot of the country.

A large number of precautions, policies and practices were put in place to protect residents and staff. The inhouse staff trainer ensures all carers are constantly upskilled on best practice in infection control, barrier nursing etc, and all residents, staff and visitors undergo regular PCR and/or lateral flow testing.

Matron maintains almost weekly contact with relatives via emails, newsletters etc keeping them informed at every step of the pandemic about the current restrictions and the constantly changing government / CQC guidance especially with regard to visiting or contact options etc.

The emotional, as well as physical, welfare of residents and staff is a vital concern, and additional resources are provided to support the holistic whole-person and mental well-being, including purchasing additional IT resources including additional entertainers performing at the home subject to government guidance and making confidential telephone counselling support available.

Matron works closely with the CCG and local government with regard to Infection Control, PCR and rapid flow testing, bed management, best practice etc to adhere to all government guidelines. This was, and continues to be an onerous, but very necessary process which has become imbedded into daily life at Thornhill House.

Residents are PCR tested monthly, with staff taking a weekly PCR test and a lateral flow test everyday they come to Thornhill House.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year Ended 31 March 2022

Thornhill House has received £41k of grants to cover the cost of additional PPE, staffing during shielding and awaiting testing results etc and additional operating costs to maintain exceptional levels of care and infection control to all residents in a safe and caring environment.

Thornhill House has had no home-grown cases of Covid 19 among the residents in the home. The Trustees applaud the dedication and commitment of Matron and her team of dedicated nurses, carers and support staff which ensured that no agency staff were needed to be engaged to cope with the additional workloads, and nurses covered for external professionals in the initial phase of total lockdown so the risk to all residents and staff were minimised at all times.

Fortunately there has been no real negative financial impact of the pandemic, occupancy remains at almost 100% and all additional covid related expenditure have been covered by the government grants received. However, we are aware of the continued challenges ahead of us, and the need to maintain sufficient levels of PPE, cleaning materials, support equipment and safe staffing levels, with no guarantee of future government funding to cover these costs.

In the year ahead (and likely beyond that) we will continue to face challenges dealing with the effects of the pandemic and living with the restrictions imposed by it.

Values and ways of working

We have a strong staff team with very low staff turnover, which is largely due to exceptional leadership from our Matron and a great collective team spirit. A small team of bank staff compliments the permanent staff members, ensuring all care staff at all times have in depth knowledge of residents.

We employ an inhouse trainer to ensure all training undertaken not only meets all covid requirement and CQC standards and is based upon Skills for Care code of conduct but is also tailored to our residents' and employees' individual needs and promotes best practice and person-centred care.

Our activities coordinator organises a full programme of activities and entertainments, which by nature of the pandemic was internally based during the year with limited opportunity to undertake the usual outings, visits from community groups and speakers etc, but when lockdown restrictions allowed entertainers performed outside in the garden for the residents enjoyment. Staff have worked especially hard to be innovative to provide a tailored and stimulating environment whilst adhering to best practise social distancing restrictions.

Thornhill House also benefits from the support of several volunteers who help with various activities and tasks. These includes a Support Committee, which in pre-covid times would lead on fundraising and activities support, as well as providing ad-hoc support to Matron and the Home. During the past year they have provided invaluable support writing to the residents, providing quizzes etc to stimulate and entertain and have worked at a social distance enhancing the external environment for the residents to enjoy looking at from inside their home.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year Ended 31 March 2022

Reference and administrative details Registered charity name The John Thornhill Memorial Trust Charity registration number 701229 Company registration number 02343769 Principal office and registered Thornhill House office Church Lane Great Longstone Bakewell Derbyshire DE45 1TB The trustees Mrs L Wright ( Chair) Mr R J Thornhill (Vice Chairman) Mr R J Thornhill Mr J Duncan Ms S J Kenning Mr J P Wright Dr L Thornhill Mrs S Thornhill Mrs H Hull Auditor MCABA Limited t/a Mitchells Chartered Accountants & statutory auditor 91-97 Saltergate Chesterfield Derbyshire S40 1LA Bankers Yorkshire Bank 14 Vicar Lane Chesterfield Derbyshire S40 1PY

Structure, governance and management

Governing document

The John Thornhill Memorial Trust ("the Trust") was incorporated as a company limited by guarantee (company registration number 02343769) on 6th February 1989. The company was registered with the Charity Commission (registration number 701229) on 16th February 1989.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year Ended 31 March 2022

Structure, governance and management (continued)

Background and history

The aim of the Trust is to provide residential and community care primarily for the inhabitants of the Ecclesiastical Parishes of Ashford, Sheldon and Longstone in the county of Derbyshire, or of the parents, brothers, sisters or children of any inhabitants of the Parishes who are unable to look after themselves by reason of old age, infirmity, disablement, mental or physical handicap.

The Parishes of Ashford, Sheldon and Longstone

These Parishes are in Derbyshire, about fifteen miles from Sheffield. In the year 2000 they had about 1,700 inhabitants, many of whom are over the age of sixty. About 730 people live in the largest settlement, the village of Great Longstone. The remainder live in the village of Ashford-in-the-Water and the hamlets of Little Longstone, Rowland, Hassop, Wardlow, Sheldon and Brushfield.

A significant number of people have lived in the Parishes for many years, many of them for all of their lives. There is a strong sense of community.

Trustees and directors

The directors of the charitable company are its trustees for the purpose of charity law and throughout this report are collectively referred to as trustees. The trustees and directors who held office during the year are listed on page 3.

Trustee induction and training

New trustees undergo an orientation day to brief them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision making progress, the budget and business plan and recent financial performance of the charity. During the induction they meet the Matron and her team, and other trustees.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year Ended 31 March 2022

Structure, governance and management (continued)

Risk management

Pre Covid, the trustees regularly assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity and are satisfied that systems are in place to mitigate exposure to the major risks. These systems are periodically reviewed to ensure they continue to meet the needs of the organisation.

Since March 2020, in the initial stages of the pandemic, the Covid Committee made up of Trustees and senior management met weekly to assess the risks associated with the Coronavirus pandemic and were informed with CCG and government guidance and care sector best practice. Since autumn 2020 this group now meets formally as and when needed, although Matron updates them on a weekly basis of any changes or risk to the home. This is reviewed at quarterly Trustee meeting.

Weekly covid reporting to relevant bodies is undertaken, and all government requirements re:risk are assessed, implemented and monitored.

Trustees have formally discussed risk in association with the insurance industry's removal of cover for transmissible diseases and any potential impact on Thornhill House.

Organisational structure

The Trust has a board of eight trustees who meet quarterly and are responsible for the strategic direction and policy of the Trust. A sub-group of trustees form a Budget group to develop the annual budget. A full time Matron along with an accounts manager and a team of nurses and carers manage the day-to-day running of the home. The trustees delegate to a Support Committee which meets monthly to more regularly oversee and support the management and staff.

Objectives and activities

The original concept

To build Thornhill House, a place where elderly people no longer able to live independently may spend their days, in their own community, amongst family and friends.

The ongoing commitment

To provide residential, nursing and day care accommodation in a place which will be a home from home, not an institution.

To sustain and nurture the local community relationships which elderly people have built up over their lives - with family and friends, with their own primary health care team, with their local church and the community as a whole.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year Ended 31 March 2022

Objectives and activities (continued)

The source of the vision

If you have ever felt the fate of the elderly in our society was sometimes less than generous, you will understand why the people of a small, caring rural community are determined to ensure that the last years of their friends and neighbours are lived out in comfort and confidence among those dear to them.

Too often when older people can no longer look after themselves, or the burden of care is too great for their families, they are uprooted from their communities for residential or nursing care far from home. At a time when they are most vulnerable, when they most need the sustenance of familiar faces, they are set down in an unfamiliar and often upsetting world.

Our project would end all that painful and damaging experience for people from the immediately surrounding Parishes, and would allow them to be cared for amongst all that is familiar and reassuring; near to home and somewhere as near to being home as possible.

It is a unique project - community care in the fullest sense: provided by the concern of the local community for those who have spent their lives in it.

Thornhill House arose out of a positive expression of the concern of the people of Longstone for their fellows, and is a memorial to John Thornhill who lived in Great Longstone all his life until his death in 1983. He was a local employer in his capacity as Managing Director of J. Thornhill and Sons Limited, had been a Churchwarden and a Founding Governor of the village primary school.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year Ended 31 March 2022

Achievements and performance

Thornhill House provides a safe, caring and stimulating environment for residents. The usual pre-covid wide-ranging programme of activities, including group and individual trips to local events and places of interest, ongoing series of quizzes, physical activities (both games and chair based), creative projects, talks, demonstrations, slide shows given by external speakers, and concerts by singers and musicians were limited during the year due to the pandemic. The activity co-ordinator and carers worked hard to replace these with socially distanced, and safe, activities the nature of which were dictated by ever changing government restrictions during the year, but included quizzes, physical chair-based activities, craft sessions and garden based musicians etc.

With limited visiting from family and friends during the year, activities were designed to provide a good quality of life and promote good health and wellbeing, to create conversations and a sense of shared community and purpose within Thornhill House.

The facilities in the large sitting room, especially the television with sensory functions is used as a stimulus tool and for film show afternoons, proved very popular once residents were allowed to socialise again. The You Tube function has been very useful enabling us to show relaxing landscape films and informational films which we tailor to the interests and requirements of the residents.

As the Covid 19 pandemic was still very much prevalent during the year, albeit with loosening restrictions, the resident's links to the community and their families we able to be re-established as visitors and non-essential staff and professionals were able to enter Thornhill House again.

During the pandemic Thornhill House built on its strong local ties, and so remains part of the community. It reached out to local residents who were shielding in their own homes by providing an extended hot 'meals on wheels' service which were delivered by local volunteers and staff.

Our weekly faith service re-commenced as soon as was allowed, providing spiritual comfort for the residents who wish to participate in a socially distanced manner.

Financial review

Review of activities and update of affairs

Total income for the year of £1,054,246 (2021: £1,007,978) has increased this year by £46k (4.5%). This included £41k (2021: £49.3k) of government Covid support and grants.

Direct costs and overheads (excluding depreciation) of £941k (2021: £915k) have increased by £26k (2.8%) on prior year. During the year, additional resources were expended on training and fairly rewarding the staff (TH pays in excess of national living wage). Once again, this year there was no need to use agency workers to booster the dedicated care team.

The Trust's income and expenditure account is shown on page 15 and the statement of financial position on page 16. The trustees are satisfied with the financial health of the Trust as at 31 March 2022.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year Ended 31 March 2022

Financial review (continued)

Investment policy

During the year the trustees considered that it was appropriate for the working capital funds of the Trust to be retained in a bank current account in order to meet the potential covid financial implications (as government financial support is very limited in range and short term in its nature, and not guaranteed beyond any current short funding period) as well as daily expenditure requirements of the Trust and negate risk. They are however mindful of very limited opportunities to maximise the potential of this positive level of working capital and reviewed this and other opportunities during the financial year.

Reserves policy

The trustees consider that there should be sufficient reserves to cover 4 - 6 months of overheads should there be a significant reduction in income, over a prolonged period.

The charity is building up reserves for future capital projects, and these are held in a separate £400k designated Building Fund.

The charity has a designated Covid Fund to respond to any future challenges arising from the pandemic which may not be met by government financial support.

Plans for future periods

The trustees will continue to run Thornhill House on a not-for-profit basis with the best interests of the residents and local community as the main focus. They are also planning future investment in the fabric of the nursing home in order to continue providing high quality care in an economic manner for the long term.

Trustees' responsibilities statement

The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period.

In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the applicable Charities SORP;

• make judgments and accounting estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year Ended 31 March 2022

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a trustee at the date of approval of this report confirms that:

• so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware; and

• they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

26 January 2023 The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:

Mrs L Wright ( Chair) Trustee

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Independent Auditor's Report to the Members of The John Thornhill Memorial Trust

Year Ended 31 March 2022

Opinion

We have audited the financial statements of The John Thornhill Memorial Trust (the 'charity') for the year ended 31 March 2022 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• give a true and fair view of the state of the charity's affairs as at 31 March 2022 and of its

• incoming resources and application of resources, including its income and expenditure, for the year then ended;  have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;

• have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Independent Auditor's Report to the Members of The John Thornhill Memorial

Trust (continued)

Year Ended 31 March 2022

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• the information given in the trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• the trustees' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

• adequate accounting records have not been kept, or returns adequate for our audit have not

• been received from branches not visited by us; or

• the financial statements are not in agreement with the accounting records and the returns; or

• certain disclosures of directors remuneration specified by law are not made; or

• we have not received all the information and explanations we require for our audit; and

 the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption in preparing the directors reports and take advantage of the small companies exemption from the requirement to prepare a strategic report.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Independent Auditor's Report to the Members of The John Thornhill Memorial

Trust (continued)

Year Ended 31 March 2022

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement, the trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at https: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Independent Auditor's Report to the Members of The John Thornhill Memorial

Trust (continued)

Year Ended 31 March 2022

Auditor's responsibilities for detecting irregularities, including fraud

The objectives of our audit are: to identify and assess the risks of material misstatement of the financial statements due to fraud or error; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud or error; and to respond appropriately to those risks. Owing to the inherent limitations of an audit, there is an unavoidable risk that material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK).

In identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

 We obtained an understanding of the legal and regulatory frameworks applicable to the charity and the sector in which they operate. We determined that the following laws and regulations were most significant; the Companies Act 2006 and the Charities SORP (FRS 102).

 We obtained an understanding of how the charity is complying with those legal and regulatory frameworks by making inquiries to relevant members of the management team. We corroborated our inquiries though our review of board minutes (where applicable) and inquiry into legal fees incurred in the year.

 We assessed the susceptibility of the charity's financial statements to material misstatement, including how fraud might occur. Audit procedures performed by the engagement team included:

• Identifying the controls management has in place to prevent and detect fraud and assessing the operation of these controls

• Understanding how those charged with governance considered and addressed the potential for override of controls or other inappropriate influence over the financial reporting process

• Identifying and testing journal entries, in particular any journal entries that were large or unusual in nature

• Assessing the extent of compliance with the relevant laws and regulations governing the charity and the sector it operates within. This included a review of any potential breaches during and since the year end; and

• Challenging assumptions and judgements made by management in its significant accounting estimates.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Independent Auditor's Report to the Members of The John Thornhill Memorial

Trust (continued)

Year Ended 31 March 2022

There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements the less likely we would become aware of it. The risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error as fraud may involve deliberate concealment by, for example, forgery, intentional misrepresentations or collusion.

A further description of our responsibilities is available on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.

Timothy Leeman FCA (Senior Statutory Auditor)

MCABA Limited t/a Mitchells Chartered Accountants & statutory auditor 91-97 Saltergate Chesterfield Derbyshire S40 1LA

26 January 2023

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year Ended 31 March 2022

		2022		2021
		Unrestricted
		fundsTotal funds		Total funds
	Note	£	£	£
Income and endowments
Donations and legacies	5	45,008	45,008	57,979
Charitable activities	6	1,008,905	1,008,905	949,999
Investment income	7	333	333	–
		────────────	────────────	────────────
Total income		1,054,246	1,054,246	1,007,978
		════════════	════════════	════════════
Expenditure
Expenditure on charitable activities	8,9	974,403	974,403	952,537
Other expenditure	11	–	–	6,405
		────────────	────────────	────────────
Total expenditure		974,403	974,403	958,942
		════════════	════════════	════════════
		────────────	────────────	────────────
Net income and net movement in funds		79,843	79,843	49,036
		════════════	════════════	════════════
Reconciliation of funds
Total funds brought forward		797,376	797,376	748,340
		────────────	────────────	────────────
Total funds carried forward		877,219	877,219	797,376
		════════════	════════════	════════════

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 18 to 25 form part of these financial statements.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Statement of Financial Position

31 March 2022

		2022		2021
	Note	£	£	£
Fixed Assets
Tangible fixed assets	16		291,006	316,602
Current Assets
Debtors	17	55,407		43,708
Cash at bank and in hand		707,807		624,066
		─────────		─────────
		763,214		667,774
Creditors: amounts falling due within one year	18	177,001		187,000
		─────────		─────────
Net Current Assets			586,213	480,774
			─────────	─────────
Total Assets Less Current Liabilities			877,219	797,376
			─────────	─────────
Net Assets			877,219	797,376
			═════════	═════════
Funds of the Charity
Unrestricted funds			877,219	797,376
			─────────	─────────
Total charity funds	21		877,219	797,376
			═════════	═════════

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by: 26 January 2023

Mrs L Wright ( Chair) Trustee

Company number: 02343769

The notes on pages 18 to 25 form part of these financial statements.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Statement of Cash Flows

Year Ended 31 March 2022

	2022	2021
	£	£
Cash Flows from Operating Activities
Net income	79,843	49,036
Adjustments for:
Depreciation of tangible fixed assets	32,513	31,017
Government grant income	(40,920)	(49,312)
Other interest receivable and similar income	(333)	–
Loss on disposal of tangible fixed assets	–	6,405
Accrued expenses	16,090	6,295
Changes in:
Stocks	–	450
Trade and other debtors	(11,699)	(1,882)
Trade and other creditors	(26,089)	3,966
	────────	────────
Cash generated from operations	49,405	45,975
Interest received	333	–
	────────	────────
Net cash from operating activities	49,738	45,975
	════════	════════
Cash Flows from Investing Activities
Purchase of tangible assets	(6,917)	(11,890)
	────────	────────
Net cash used in investing activities	(6,917)	(11,890)
	════════	════════
Cash Flows from Financing Activities
Government grant income	40,920	49,312
	────────	────────
Net cash from financing activities	40,920	49,312
	════════	════════
Net Increase in Cash and Cash Equivalents	83,741	83,397
Cash and Cash Equivalents at Beginning of Year	624,066	540,669
	─────────	─────────
Cash and Cash Equivalents at End of Year	707,807	624,066
	═════════	═════════

The notes on pages 18 to 25 form part of these financial statements.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements

Year Ended 31 March 2022

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Thornhill House, Church Lane, Great Longstone, Bakewell, Derbyshire, DE45 1TB.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

The charity meets the definition of a public benefit entity under FRS 102.

3. Accounting policies

Company status

The charity is a company limited by guarantee. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

Basis of preparation

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in Sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Incoming resources

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

• legacy income is recognised when receipt is probable and entitlement is established.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year Ended 31 March 2022

3. Accounting policies (continued)

Resources expended

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	2.5% straight line
Fixtures and Fittings	-	10% to 33.3% straight line
Medical Equipment	-	20% straight line
Computer Equipment	-	33.3% straight line
Soft Furnishings	-	10% to 20% straight line

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.

Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year Ended 31 March 2022

4. Limited by guarantee

The John Thornhill Memorial Trust is a company limited by guarantee, and accordingly does not have any share capital. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

5. Donations and legacies

		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Donations
	Donations, gifts, and fund-raising
	events	4,088	4,088	8,667	8,667
	Grants
	Government grant income	40,920	40,920	49,312	49,312
		────────	────────	────────	────────
		45,008	45,008	57,979	57,979
		════════	════════	════════	════════
6.	Charitable activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Nursing home fees	1,008,905	1,008,905	949,999	949,999
		════════════	════════════	═════════	═════════
7.	Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Bank interest receivable	333	333	–	–
		════	════	════	════
8.	Expenditure on charitable activities	by fund type
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Nursing home operation	835,526	835,526	817,179	817,179
	Support costs	138,877	138,877	135,358	135,358
		─────────	─────────	─────────	─────────
		974,403	974,403	952,537	952,537
		═════════	═════════	═════════	═════════

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year Ended 31 March 2022

9. Expenditure on charitable activities by activity type

		Activities
		undertaken		Total funds	Total fund
		directly	Support costs	2022	2021
		£	£	£	£
	Nursing home operation	835,526	115,252	950,778	938,382
	Governance costs	–	23,625	23,625	14,155
		─────────	─────────	─────────	─────────
		835,526	138,877	974,403	952,537
		═════════	═════════	═════════	═════════
10.	Analysis of support costs
			Nursing home
			operation	Total 2022	Total 2021
			£	£	£
	Premises		58,052	58,052	60,304
	Communications and IT		12,515	12,515	11,506
	General office		44,685	44,685	49,393
	Governance costs		23,627	23,627	14,155
			─────────	─────────	─────────
			138,879	138,879	135,358
			═════════	═════════	═════════
11.	Other expenditure
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		£	£	£	£
	Loss on disposal of tangible fixed
	assets held for charity's own use	–	–	6,405	6,405
		════	════	═══════	═══════
12.	Net income
	Net income is stated after charging/(crediting):
				2022	2021
				£	£
	Depreciation of tangible fixed assets			32,513	31,017
	Loss on disposal of tangible fixed assets			–	6,405
				════════	════════
13.	Auditors remuneration
				2022	2021
				£	£
	Fees payable for the audit of the financial statements			6,000	3,500
				═══════	═══════
14.	Staff costs

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year Ended 31 March 2022

14. Staff costs (continued)

The average head count of employees during the year was 40 (2021: 42). The average number of full-time equivalent employees during the year is analysed as follows:

of full-time equivalent employees during the year is	analysed as follows:
	2022	2021
	No.	No.
Care and nursing staff	30	31
Administration and support	3	3
Ancilliary	7	8
	────	────
	40	42
	════	════

No employee received employee benefits of more than £60,000 during the year (2021: Nil).

15. Trustee remuneration and expenses

During the year the charity employed one of the trustees to give advice to the home at a fee of £1,200 (2021: £200).

16. Tangible fixed assets

		Land and	Fixtures and	Medical	Computer	Soft
		buildings	fittings	equipment	equipment	furnishings	Total
		£	£	£	£	£	£
	Cost
	At 1 Apr 2021	637,818	130,262	13,097	13,551	19,845	814,573
	Additions	–	5,950	–	967	–	6,917
		─────────	─────────	────────	────────	────────	─────────
	At 31 Mar 2022	637,818	136,212	13,097	14,518	19,845	821,490
		═════════	═════════	════════	════════	════════	═════════
	Depreciation
	At 1 Apr 2021	385,966	77,329	9,715	10,575	14,386	497,971
	Charge for the
	year	15,945	12,497	872	1,704	1,495	32,513
		─────────	─────────	────────	────────	────────	─────────
	At 31 Mar 2022	401,911	89,826	10,587	12,279	15,881	530,484
		═════════	═════════	════════	════════	════════	═════════
	Carrying amount
	At 31 Mar 2022	235,907	46,386	2,510	2,239	3,964	291,006
		═════════	═════════	════════	════════	════════	═════════
	At 31 Mar 2021	251,852	52,933	3,382	2,976	5,459	316,602
		═════════	═════════	════════	════════	════════	═════════
17.	Debtors
						2022	2021
						£	£
	Trade debtors					51,773	38,920
	Prepayments and	accrued income				3,634	4,788
						────────	────────
						55,407	43,708
						════════	════════

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year Ended 31 March 2022

18. Creditors: amounts falling due within one year

	2022	2021
	£	£
Trade creditors	16,474	20,687
Accruals and deferred income	132,948	116,858
Social security and other taxes	10,306	13,068
Other creditors	17,273	36,387
	─────────	─────────
	177,001	187,000
	═════════	═════════

19. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £9,555 (2021: £7,452).

20. Government grants

The amounts recognised in the financial statements for government grants are as follows:

	2022	2021
	£	£
Recognised in income from donations and legacies:
Government grants income	40,920	49,312
	════════	════════

- 23 -

DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year Ended 31 March 2022

21. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
	At 1				At 31
	April 2021	Income	Expenditure	Transfers	March 2022
	£	£	£	£	£
Unrestricted Fund -
including fixed assets	314,084	1,054,246	(974,403)	–	393,927
Designated Covid-19
fund	60,000	–	–	–	60,000
Designated Benevolent
fund	23,292	–	–	–	23,292
Designated Building
fund	400,000	–	–	–	400,000
	─────────	────────────	─────────	────	─────────
	797,376	1,054,246	(974,403)	–	877,219
	═════════	════════════	═════════	════	═════════
	At 1				At 31
	April 2020	Income	Expenditure	Transfers	March 2021
	£	£	£	£	£
Unrestricted Fund -
including fixed assets	285,048	1,007,978	(958,942)	(20,000)	314,084
Designated Covid-19
fund	40,000	–	–	20,000	60,000
Designated Benevolent
fund	23,292	–	–	–	23,292
Designated Building
fund	400,000	–	–	–	400,000
	─────────	────────────	─────────	────────	─────────
	748,340	1,007,978	(958,942)	–	797,376
	═════════	════════════	═════════	════════	═════════

22. Designated funds

The Designated Benevolent fund is money set aside to fund care for residents who cannot afford to pay their fees. It is used at the discretion of the Trustees.

The Designated Building fund is money set aside to fund planned future improvements to the home.

The Designated Covid fund is money set aside to respond to any future challenges arising from the pandemic.

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DocuSign Envelope ID: 4EEDBC27-9C6C-450D-8357-42389E600F4B

The John Thornhill Memorial Trust

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year Ended 31 March 2022

23. Analysis of net assets between funds

		Unrestricted	Total Funds
		Funds	2022
		£	£
Tangible fixed assets		291,006	291,006
Current assets		763,214	763,214
Creditors less than 1 year		(177,001)	(177,001)
		─────────	─────────
Net assets		877,219	877,219
		═════════	═════════
		Unrestricted	Total Funds
		Funds	2021
		£	£
Tangible fixed assets		316,002	316,002
Current assets		667,774	667,774
Creditors less than 1 year		(187,000)	(187,000)
		─────────	─────────
Net assets		796,776	796,776
		═════════	═════════
Analysis of changes in net debt
			At
	At 1 Apr 2021	Cash flows	31 Mar 2022
	£	£	£
Cash at bank and in hand	624,066	83,741	707,807
	═════════	════════	═════════

24. Analysis of changes in net debt

- 25 -