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2022-03-31-accounts

Trustees Mrs A Edmondson
Mr P J Heath
Mrs BPearce
Miss S Edmondson
Mrs C Hibbert (Appointed 28Apnl 2021)
Charity number 703194
Company number 02516363
Registered offic 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
Fumess
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 to
Balance sheet
Statement
of cash flows		 12
Notes to the financial statements 13-26

Unrestricted Restricted Total Total
funds funds 2022 2021
Notes 6 F E 5
Donations
and legacies
Charitable
activities		 14,574
2,123,485		 112,475 127,049
2,123,485		 115,084
1,833,671
Other trading
activities
Investments		 47,533
24,919		 47,533
24,919		 28,817
27,271
Other income 4,056 4,056 7,403
Total income and endowments 2,214,567 112,475 2,327,042 2,012,246
Egftgftdit ttrfLft0..
Raising funds		 8 88,636 88,636 71,532
Charitable
activities		 9 2,161,458 103,277 2,264,735 1,969,435
Other 13 588 588 222
Total resources expended 2,250,682 103,277 2,353,959 2,041,189
Net gains on investments 14 21,242 21,242 281,645
Net movement
in funds		 (14,873) 9,198 (5,675) 252,702
Fund balances at 1 April 2021 4,221,361 10,907 4,232,268 3,979,565
Fund balances at 31 March 2022 4,206,488 20,105 4,226,593 4,232,267

2022 2021
Notes f 8 F
Fixed assets
Tangible assets
Investments		 15
16		 1,947,050
1,971,095		 1,999,567
1,998,407
3,918,145 3,997,974
Current assets
Stocks 18 7,093 11,565
Debtors 17 80,646 82, 101
Cash at bank and in hand 391,897 243,155
479,636 336,821
Creditors: amounts
one year		 falling due within 19 (171,188) (102,528)
Net current assets 308,448 234,293
Total assets less current liabilities 4,226,593 4,232,267
Income funds
Restricted funds 20 20,105 10,906
~nggjljg~gtttts
General
unrestricted		 funds 22 4,206,488 4,221,361
4,206,488 4,221,361
4,226,593 4,232,267
Th
t		 pp dtyth T t .rfhc. ..A1/Itju& 2022

2022 2021
Notes F 6
Cash flows from operating
activities
Cash generated
from operations		 109,642 1,561
Investing
Purchase
Purchase		 activities
of tangible
fixed assets
of investments		 (34,373)
(180,994)		 (35,019)
(105,294)
Proceeds
Investment		 on disposal of investments
income received		 229,548
24,919		 198,232
27,271
Net cash
activities		 generated
from investing		 39,100 85,190
Net cash used
in financing
activities
Net increase
in cash and cash equivalents		 148,742 86,751
Cash and cash equivalents
at beginning		 ofyear 243,155 156,404
Cash and cash equivalents
at end of		 year 391,897 243,155

3 Donations and legacies
Unrestricted Restricted Total Total
funds funds 2022 2021
Donations
and gifts
Grants receivable		 14,574 112,475 14,574
112,475		 15,073
100,011
14,574 112,475 127,049 115,084
Forthe year ended 31 INarch 2021 21,523 93,561 115,084
4 Charitable activities
Residential Residential care
care
2022 2021
f 6
Income from care fees 2,123,485 1,833,671
5 Other trading activities
Unrestricted Unrestricted
funds funds
2022 2021
f
Shi 47,533 28,817

Unrestricted Total
funds
2022 2021
6 5
Rental income
Dividends
received		 6,984
17,517		 7,352
19,910
Interest receivable 418 9
24,919 27,271

Other i ncome
2022 2021
Income
Minibus		 from staff meals
income		 133
1,157		 1,354
613
Misc income 2,766 5,436
Training support 2,068
4,056 7,403

Raising funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022f 2022
6		 2022f 2021
E		 2021
E		 2021
f
Itadingggata
Operating
charity shop
Staff costs		 48,891
19,067		 48,891
19,067		 34,870
18,262		 285 35,155
18,262
Trading costs 67,958 67,958 53,132 285 53,417
V n
Investment
management
fees
Rental property costs		 16,071
4,607		 16,071
4,607		 15,812
2,303		 15,812
2,303
20,678 20,678 18,115 18,115
88,636 88,636 71,247 285 71,532

Raising funds (Continued)
Charitable
activities
2022 2021
6 6
Staff costs 1,759,823 1,552,893
Depreciation
and impairment
Provisions		 86,891
85,576		 89,349
77,131
Hygiene
and surgical
supplies
Rates and water		 15,641
15,837		 20,422
17,371
Fuel and light
Insurance		 57,589
25,792		 32,940
16,861
Telephone
Cleaning
and laundry
Waste disposal
Equipment
maintenance
Property
maintenance
Garden
maintenance		 1,896
20,806
13,498
23,134
11,908
725		 2,002
25,531
13,079
15,875
9,995
683
Repairs and renewals
Repairs and renewals
Residents'
welfare and		 -projects
—general
DIY
entertainment		 48,996
3,058		 5,997
11,999
2,461
TV licence fees and sundries 859 3,305
Recruitment
and training costs		 12,485 4,620
Staff overalls and expenses
Motor expenses
Registration
fees
Office costs		 19,032
4,899
9,801
29,724		 13,181
3,452
10,722
26,332
Bank charges
Payroll fees
I egal and professional
Accountancy
and audit		 fees
fees		 2, 126
4,745
2,874
7,020		 2,057
4,457
6,720
2,264,735 1,969,435
Analysis
by fund
Unrestricted
funds		 2,161,458
Restricted funds 103,277
2,264,735
For the year ended 31 March
Unrestricted
funds		 2021 1,887,065
Restricted funds 82,370
1,969,435

The analysis
of aud		 itor's
remuneration
is as follows:
2022
F		 2021f
Audit ofthe annual accounts 5,700 5,570
Non-audit
services
All other non-audit services 1,260 1,150

The average
monthly
num		 ber
of employees
during
the year w		 as:
2022 2021
Number Number
Residential
care		 76 71
Management
and administration
Charity shop		 3
3		 3
2
82 74
Employment
costs		 2022
f		 2021
f
Wages and salaries
Social security costs
Other pension costs		 1,616,582
103,361
56,735		 1,415,502
101,819
53,834
1,776,678 1,571,155
more we re:
2022 2021
Number Number
660,000 to f69,999 1 1
970,000 to 879,999 1

Other
2022 2021
Interest on PAYE 588 222
5ee 222

Net gains/( loss es)
on Investments
Unrestricted Total
funds
2022 2021
E E
Revaluation
Gain/(loss)		 of
on		 investments
sale of investments		 (7,595)
28,837		 262,293
19,352
21,242 281,645
15 Tangible fixed assets Tangible fixed assets Land and Fixtures, Motor Fixtures, Motor vehicles Total
buildings fittings
&
equipment
E
Cost
At 1 April 2021
Additions		 2,756,016
12,693		 363,916
21,680		 32,414 3,152,346
34,373
Disposals (8,766) (8,766)
At 31 March 2022 2,768,709 376,830 32,414 3,177,953
Depreciation
and impairment
At 1 April 2021
Depreciation
charged
in the year
Eliminated
in respect ofdisposals		 852,081
55,269		 269,157
31,122
(8,766)		 31,541
499		 1,152,779
86,890
(8,766)
At 31 March 2022 907,350 291,513 32,040 1,230,903
Carrying
amount
At 31 March 2022		 1,861,359 85,317 374 1,947,050
At 31 March 2021 1,903,935 94,759 873 1,999,567
16 Fixed asset investments 2022 2021
E
Itt 1,971,095 1,998,407

16 Fixed asset investments Fixed asset investments (Continued)
Movements
in fixed asset investments
Shares
F
Cost or valuation
At 31 March 2022 1,998,407
Additions 180,994
Valuation
changes
Disposals		 (7,595)
(200,711)
At 31 March 2022 1,971,095
Carrying
amount
At 31 March 2022		 1,971,095
At 31 March 2021 1,998,407
17 Debtors
2022 2021
Amounts
falling due		 within one year: f f
Trade debtors 586 9,055
Other debtors 940 10,296
Prepayments
and accrued income		 79,120 62,750
80,646 82,101
18 Stocks 2022f 2021
Stock 7,093 11,565
19 Creditors: amounts falling due within one year
2022f 2021
f
Other taxation
and social security		 27,981 22,824
Trade creditors 49,871 37,094
Other creditors 67,453 209
Accruals and deferred income 25,883 42,401
171,188 102,528
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21 Analysis
of		 net assets between
funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
8 6 6 f 6 6
Fund balances at 31
March 2022 are
represented by:
Tangible assets 1,938,282 8,768 1,947,050 1,989,775 9,792 1,999,567
Investments 1,971,095 1,971,095 1,998,407 1,998,407
Current assets/
(liabilities) 297,111 11,337 308,448 233,179 1,114 234,293
4,206,488 20,105 4,226,593 4,221,361 10,906 4,232,267

Ilovement
In funds		 Ilovement
In funds
Balance at 1 Increase Decrease Transfers Balance at 31
April 2021 f March 2022
General 319,019 2,214,567 (2,250,682) 91,130 374,034
Security 1,998,407 21,242 (48,554) 1,971,095
Property 1,903,935 (42,576) 1,861,359
4,221,361 2,235,809 (2,250,682) 4,206,488

2022 2021
6
Between two and five years 16,121 27,190

The remun eration
of key management
personnel
is as		 follows.
2022 2021
Aggregate compensation 217,231 233,625

26 Cash generated
from operations		 2022f 2021f
(Deficit)/surpus
for the year		 (5,675) 252,702
Adjustments
for:
Investment
income recognised
in statement		 offinancial activities (24,919) (27,271)
Gain on disposal of investments (28,837) (19,352)
Fair value gains and losses on investments
Depreciation
and impairment
oftangible
fixed assets		 7,595
86,891		 (262,293)
89,349
Movements
in working
capital:
Decrease/(increase)
in stocks
Decrease/(increase)
in debtors
Increase
in creditors		 4,472
1,455
68,660		 (3,765)
(33,515)
5,706
Cash generated
from operations		 109,642 1,561
27 Analysis
ofchanges
in net funds
The charity
had no debt during
the year.