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|Trustees|||Mrs A Edmondson||||
|---|---|---|---|---|---|---|
||||Mr PJ Heath||||
||||Mrs H Edmondson|(Resigned|15September|2020)|
||||Mr SJ Edmondson|(Resigned|15September|2020)|
||||Mrs BPearce||||
||||Miss S Edmondson|(Appointed|6 November|2020)|
||||Mrs C Hibbert|(Appointed|28April 2021)||
|Charity|number||703194||||
|Company||number|02516363||||
|Registered||office|The Croft||||
||||Hawcoat Lane||||
||||Barrow
in Furness||||
||||Cumbria||||
||||LA14 4HE||||
|Auditor|||JLWinder
& Co||||
||||125 Ramsden
Square||||
||||Barrow in Furness||||
||||Cumbria||||
||||LA14 1XA||||
|Bankers|||NatWest||||
||||113Dalton Road||||
||||Barrow
in Furness||||
||||Cumbria||||
||||LA14 1WY||||
||||Furness
Building Society||||
||||51-55 Duke Street||||
||||Barrow
in Furness||||
||||Cumbria||||
||||LA14 1RT||||
##
|||Page|
|---|---|---|
|Trustees'
report||1-4|
|Statement
of trustees'|responsibilities||
|Independent
auditor's|report|6-9|
|Statement offinancial|activities|10|
|Balance sheet|||
|Statement ofcash flows||12|
|Notes to the financial|statements|13-25|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2021|2020|
||Notes|6|6||6|
|Donations
and legacies||21,523|93,561|115,084|52,802|
|Charitable
activities||1,833,671||1,833,671|1,661,353|
|Other trading
activities||28,817||28,817|15,739|
|Investments||27,271||27,271|28,570|
|Other income||7,403||7,403|6,857|
|Total income and endowments||1,918,685|93,561|2,012,246|1,765,321|
|Raising funds||71,247|285|71,532|58,669|
|Charitable
activities|9|1,887,065|82,370|1,969,435|1,893,373|
|Other|13|222||222|707|
|Total resources expended||1,958,534|82,655|2,041,189|1,952,749|
|Net gains on investments|14|281,645||281,645|(113,095)|
|Net movement
in funds||241,796|10,906|252,702|(300,523)|
|Fund balances at 1 April 2020||3,979,565||3,979,565|4,280,088|
|Fund balances at 31 March 2021||4,221,361|10,906|4,232,267|3,979,565|
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|6||6|6|
|Fixed assets
Tangible assets
Investments|||15
16||1,999,567
1,998,407||2,053,896
1,809,701|
||||||3,997,974||3 863 597|
|Current assets||||||||
|Stocks|||18|11,565||7,800||
|Debtors|||17|82,101||48,586||
|Cash at bank and|in|hand||243,155||156,404||
|||||336,821||212,790||
|Creditors: amounts
one year||falling due within|19|(102,528)||(96,822)||
|Net current assets|||||234,293||115,968|
|Total assets less|current liabilities||||4,232,267||3,979,565|
|Income funds||||||||
|Restricted funds|||21||10,906|||
|tlgmtriatgIUVaSh
General
unrestricted||funds|22|4,221,361||3,979,565||
||||||4,221,361||3,979,565|
||||||4,232,267||3,979,565|
##
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||||Notes|2021||2020
f||
|---|---|---|---|---|---|---|---|
|Cash flows from operating||activities||||||
|Cash generated
from/(absorbed
by)
operations|||26||1,561||(116,654)|
|Investing|activities|||||||
|Purchase|oftangible fixed assets|||(35,019)||(201,525)||
|Purchase|of investments|||(105,294)||(103,283)||
|Proceeds|on disposal of investments|||198,232||254,769||
|Investment|income received|||27,271||28,570||
|Net cash
investing|generated
from/(used
ln)
activities||||85,190||(21,469)|
|Net cash|used
in financing|activities||||||
|Net increase/(decrease)
In
equivalents||cash and cash|||86,751||(138,123)|
|Cash and|cash equivalents|at beginning|ofyear||156,404||294,527|
|Cash and|cash equivalents|at end of|year||243,155||156,404|
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|3|Donations|and|legacies||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total||Total|
|||||funds|funds|2021||2020|
||Donations|and|gifts|11,523|3,550|15,073|52,802||
||COVID-19|support grants||10,000|90,011|100,011|||
|||||21,523|93,561|115,084|52,802||
||For the year ended 31 March 2020|||52,802|||52,802||
|4|Charitable|activities|||||||
||||||Residential|Residential||care|
||||||care||||
||||||2021f|||2020
f|
||Income from care fess||||1,833,671||1,661,353||
|5|Other trading||activities||||||
||||||Unrestricted||Unrestricted||
|||||||funds||funds|
|||||||2021||2020|
|||||||||f|
||Shop income|||||28,817||15,739|
|6|Investments||||||||
||||||Unrestricted|||Total|
|||||||funds|||
|||||||2021||2020|
|||||||f|||
||Rental income|||||7,352||2,475|
||Dividends|received||||19,910||24,907|
||Interest receivable|||||9||1,188|
|||||||27,271||28,570|
##
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##
|Income|from staff meals|
|---|---|
|Minibus|income|
|Misc income||
|Training|support|
|2021|2020|
|---|---|
|1,354|2,808|
|613|2,987|
|3,368|1,062|
|2,068||
|7,403|6,857|
##
||||Unrestricted|Restricted|Total|Unrestricted|
|---|---|---|---|---|---|---|
||||funds|funds||funds|
||||2021|2021|2021|2020|
||||6||6|6|
|Irafli~h|||||||
|Operating|charity shop||34,870|285|35,155|25,321|
|Staff costs|||18,262||18,262|10,754|
|Trading costs|||53,132|285|53,417|36,075|
|Investment|management|fees|15,812||15,812|16,393|
|Rental property costs|||2,303||2,303|6,201|
||||18,115||18,115|22,594|
||||71,247|285|71,532|58,669|
##
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|Charitable
activities|||||
|---|---|---|---|---|
||||2021|2020|
||||E||
|Staff costs|||1,552,893|1,452,724|
|Depreciation
and impairment|||89,349|85,262|
|Provisions|||77,131|79,235|
|Hygiene
and surgical supplies|||20,422|14,998|
|Rates and water|||17,371|24,568|
|Fuel and light|||32,940|47,622|
|Subcontract
day labour||||5,429|
|Insurance|||16,861|14,728|
|Telephone|||2,002|2,825|
|Cleaning
and laundry|||25,531|15,909|
|Waste disposal|||13,079|10,158|
|Equipment
maintenance|||15,875|14,178|
|Property
maintenance|||9,995|10,780|
|Garden maintenance|||683|2,977|
|Repairs and renewals|-general|DIY|17,996|22,269|
|Residents'
welfare and|entertainment||2,461|2,249|
|Christmas
party costs||||179|
|TV licence fees and sundries|||3,305|3,774|
|Recruitment
and training costs|||4,620|7,776|
|Staff overalls and expenses|||13,181|9,744|
|Motor expenses|||3,452|6,442|
|Advertising||||463|
|Registration
fees|||10,722|15,011|
|Office costs|||26,332|25,493|
|Bank charges|||2,057|1,860|
|Legal and professional|fees||4,457|10,300|
|Accountancy
and audit|fees||6,720|6,420|
||||1,969,435|1,893,373|
|Analysis
by fund|||||
|Unrestricted
funds|||1,887,065||
|Restricted funds|||82,370||
||||1,969,435||
|Forthe year ended 31 March||2020|||
|Unrestricted
funds||||1,893,373|
|||||1,893,373|
##
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|The analysis|ofauditor|'s
rem|uneration|is as|follows|:||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021
f|2020f|
|Audit of the|annual
accounts|||||||5,570|5,350|
|Non-audit
services||||||||||
|All other non-audit
services||||||||1,150|1,070|
|Employees||||||||||
|Number of|employees|||||||||
|The average|monthly|number|ofemployees||during|the year|was:|||
|||||||||2021|2020|
|||||||||Number|Number|
|Residential|care|||||||70|71|
|Management|and administration|||||||3|3|
|Charity shop||||||||2|1|
|||||||||75|74|
|Employment|costs|||||||2021
f|2020f|
|Wages and|salaries|||||||1,415,502|1,318,366|
|Social security costs||||||||101,819|93,722|
|Other pension costs||||||||53,834|51,390|
|||||||||1,571,155|1,463,478|
|The full time|equivalent|staff|number|is 59|(2020 - 58).|||||
|The
number|of employees||whose|annual|remuneration||was f60,000 or|||
|more were;||||||||||
|||||||||2021|2020|
|||||||||Number|Number|
|f60,000 to f69,999||||||||1|1|
|f70,000 to f79,999||||||||1||
##
##
|||2021|2020|
|---|---|---|---|
|Net loss on disposal oftangible|fixed assets||390|
|Interest on PAYE||222|317|
|||222|707|
##
|Net gains|/(lo|sses)
on|investments|||||
|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total|
|||||||funds||
|||||||2021|2020|
||||||||6|
|Revaluation||of investments||||262,293|(130,908)|
|Gain/(loss)|on sale of||investments|||19,352|17,813|
|||||||281,645|(113,095)|
|Tangible|fixed assets|||||||
|||||Land and|Fixtures,|Motor vehicles|Total|
|||||buildings|tltungs
&|||
||||||equipment|||
||||||6|f||
|Cost||||||||
|At 1 April|2020|||2,756,016|328,896|32,414|3,117,326|
|Additions|||||35,019||35,019|
|At 31 March||2021||2,756,016|363,915|32,414|3,152,345|
|Depreciation||and impairment||||||
|At 1 April|2020|||796,959|237,426|29,045|1,063,430|
|Depreciation||charged|in the year|55,122|31,730|2,496|89,348|
|At 31 March||2021||852,081|269,156|31,541|1,152,778|
|Carrying|amount|||||||
|At 31 March||2021||1,903,935|94,759|873|1,999,567|
|At 31 March||2020||1,959,057|91,470|3,369|2,053,896|
##
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|16|Fixed asset investments|||
|---|---|---|---|
|||2021|2020|
||||6|
||Investments|1,998,407|1,809,701|
||Movements
In fixed asset Investments|||
||||Shares|
||||f|
||Cost or valuation|||
||At 31 March 2021||1,809,701|
||Additions||105,294|
||Valuation
changes||262,292|
||Disposals||(178,880)|
||At 31 March 2021||1,998,407|
||Carrying
amount|||
||At 31 March 2021||1,998,407|
||At 31 March 2020||1,809,701|
|17|Debtors|||
|||2021|2020|
||Amounts
falling due within one year:|6|6|
||Trade debtors|9,055||
||Other debtors|10,296|940|
||Prepayments
and accrued income|62,750|47,646|
|||82,101|48,586|
|18|Stocks|2021|2020|
|||6|6|
||Stock|11,565|7,800|
##
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|Creditors: a|mounts|falling due|within one y|ear||||
|---|---|---|---|---|---|---|---|
|||||||2021f|2020
f|
|Other taxation and social security||||||22,824|22,528|
|Trade creditors||||||37,094|40,020|
|Other creditors||||||209|1,114|
|Accruals and|deferred|income||||42,401|33,160|
|||||||102,528|96,822|
|Analysis of|net assets between||funds|||||
|||||Unrestricted|Restricted|Total|Unrestricted|
|||||funds|funds||funds|
|||||2021|2021|2021|2020|
||||||f.|f|f|
|Fund balances at 31||March 2021|are|||||
|represented|by:|||||||
|Tangible assets||||1,989,775|9,792|1,999,567|2,053,896|
|Investments||||1,998,407||1,998,407|1,809,701|
|Current assets/(liabilities)||||233,179|1,114|234,293|115,968|
|||||4,221,361|10,906|4,232,267|3,979,565|
##
##
||||Movement||Il/lovement
in funds|Il/lovement
in funds|||
|---|---|---|---|---|---|---|---|---|
||||in funds||||||
||||Incoming|Balance at|Incoming|Resources|Transfers|Balance at|
||||resources|1 April 2020|resources|expended|31|March 2021|
||||f|f|f|f|f|f|
|COVID-19|support|grants|||90,011|(80,229)|(9,782)||
|Morrisons|garden|grant|||2,000|(285)|(600)|1,115|
|PPE donations|||||1,550|(1,550)|||
|Restricted|fixed assets|||||(591)|10,382|9,791|
||||||93,561|(82,655)||10,906|
##
##
##
|||Movement|ln funds||
|---|---|---|---|---|
||Balance at 1|Increase|Decrease|Balance at 31|
||April 2020f|||March 2021
6|
|General|210,806|108,213||319,019|
|Security|1,809,702|188,705||1,998,407|
|Property|1,959,057||(55,122)|1,903,935|
||3,979,565|296,918|(55,122)|4,221,361|
##
##
##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||||5|
|Between|two|and|five|years|27,190|25,967|
##
##
|||2021|2020|
|---|---|---|---|
|||5|5|
|Aggregate|compensation|233,625|224,393|
##
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##
|26|Cash generated
from operations|Cash generated
from operations|||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||6|6|
||Surplus/(deficit)
for the year||||||252,702|(300,523)|
||Adjustments
for:||||||||
||Investment
income recognised|in statement|||offinancial|activities|(27,271)|(28,570)|
||(Gain)/loss
on disposal oftangible||fixed|assets||||390|
||Gain on disposal of investments||||||(19,352)|(17,813)|
||Fair value gains and losses on|investments|||||(262,293)|130,908|
||Depreciation
and impairment
oftangible|||fixed assets|||89,349|85,262|
||Movements
in working
capital:||||||||
||(Increase)
in stocks||||||(3,765)|(1,684)|
||(increase)
in debtors||||||(33,515)|(21,351)|
||Increase
in creditors||||||5,706|36,727|
||Cash generated
from/(absorbed||by) operations||||1,561|(116,654)|
|27|Analysis
ofchanges
In net funds||||||||
||The charity had no debt during|the|year.||||||