| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe Company, | its Trustees and advisers | ||
| Trustees' report |
2-7 | |||
| Independent auditors' |
report | on the financial statements | 8-10 | |
| Statement offinancial | activities | |||
| Balance sheet | 12-13 | |||
| Statement ofcash flows | 14 | |||
| Notes to the financial | statements | 15-31 |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Note | 2022 | 2022 f |
2022f | 2021f | |||
| Income from: | |||||||
| Donations and |
legacies | 14,850 | 10,130 | 24,980 | 52598 | ||
| Charitable activities |
1,613,339 | 1,613,339 | 1,509,935 | ||||
| Investments | 163 | 163 | 394 | ||||
| Other income | 1,420 | 1,420 | 4,328 | ||||
| Total income | 14,850 | 1,625,052 | 1,639,902 | 1,567,255 | |||
| Expenditure on: |
|||||||
| Charitable activities |
7 | 15,892 | 1,695,526 | 1,711,418 | 1,649,481 | ||
| Total expenditure | 15,892 | 1,695,526 | 1,711,418 | 1,649,481 | |||
| Net movement | in funds | (1,042) | (70,474) | (71,516) | (82,226) | ||
| Reconciliation | offunds: | ||||||
| Total funds brought | forward | 4,168 | 1,971,657 | 1,975,825 | 2,058,051 | ||
| Net movement | in funds | (1,042) | (70,474) | (71,516) | (82,226) | ||
| Total funds carried | forward | 3,126 | 1,901,183 | 1,904,309 | 1,975,825 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| F | 5 | |||||
| Cash flows from operating | activities | |||||
| Net cash used in operating |
activities | (62,887) | 11,192 | |||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed assets |
(74,253) | (35,378) | ||||
| Net cash used in investing | activities | (74,253) | (35,378) | |||
| Cash flows from financing | activities | |||||
| Cash inflowe from new borrowing | 275,000 | |||||
| Repayments of borrowing |
(58,286) | (43,533) | ||||
| Net cash (used in)/provided | by financing | activities | (58,286) | 231,467 | ||
| Change in cash and cash |
equivalents | in | the year | (195,436) | 207,281 | |
| Cash and cash equivalents | at the beginning | ofthe year | 322,644 | 115,363 | ||
| Cash and cash equivalents | at the end | of | the year, | 127,208 | 322, 544 | |
| The notes on pages 15to 31 form part ofthese financial statements |
| Restricted | Unrestricted | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2022 | 2022 | 2022 | ||||
| 6 | 6 | |||||
| Donations | 2,300 | 2,300 | ||||
| Grants | 14,850 | 7,830 | 22,680 | |||
| 14,850 | 10,130 | 24,980 | ||||
| Restricted | Unrestricted | Total | ||||
| funds | funds | funds | ||||
| 2021 | 2021 | 202'I | ||||
| 6 | 6 | |||||
| Donations | 3,681 | 3,681 | ||||
| Legacies | 10,000 | 10,000 | ||||
| Grants | 36,687 | 2230 | 38,917 | |||
| 36,687 | 15,911 | 52598 | ||||
| 4. | Income from charitable | activities | ||||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2022 | 2022 | |||||
| 6 | 6 | |||||
| Income from charitable | activities | 1,613,339 | 1,613,339 | |||
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2021 | 2021 | |||||
| 6 | 8 | |||||
| Income from charitable | activities | 1,509,935 | 1,509,935 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022 | 2022 | |||||
| 6 | ||||||
| Investment | income | - | local | cash | 163 | 163 |
| Unrestricted | Total | |||||
| funds | funds | |||||
| 2021 | 2021 | |||||
| Investment | income | - | local | cash | 394 | 394 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2022 | |||
| 5 | ||||
| Other | incoming | resources | 1,420 | 1,420 |
| Unrestricted | Total | |||
| funds | funds | |||
| 2021f | 2021 | |||
| Other | incoming | resources | 4,328 | 4,328 |
| Restricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | Total | |||||
| 2022 | 2022 | 2022 | |||||
| 6 | 6 | ||||||
| Direct | costs | - | Charitable | activities | 14,850 | 1,612,924 | 1,627,774 |
| Direct | costs | - | Governance | 1,042 | 82,602 | 83,644 | |
| 15,892 | 1,695,526 | 1,711,418 | |||||
| Restricted | Unrestricted | ||||||
| funds | funds | rotet | |||||
| 2021 f |
2021 5 |
2021f | |||||
| Direct | costs | - | Charitable | activities | 36,687 | 1,528,049 | 1,564,736 |
| Direct | costs | - | Governance | 1,042 | 83,703 | 84,745 | |
| 37,729 | 1,611,752 | 1,649,481 |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Support | Total | ||||
| directly | costs | funds | ||||
| 2022 6 |
2022 6 |
2022f | ||||
| Direct | costs | - Charitable | activities | 1,462,705 | 165,069 | 1,627,774 |
| Direct | costs | - Governance | 83,644 | 83,644 | ||
| 1,546,349 | 165,069 | 1,711,418 |
| Analy | sis of | e | xpenditure | by activities (continue | d) | ||
|---|---|---|---|---|---|---|---|
| Activities | |||||||
| undertaken | Support | Total | |||||
| directly | costs | funds | |||||
| 2021 | 2021 8 |
2021f | |||||
| Direct | costs | - | Charitable | activities | 1,402,858 | 161,878 | 1,564,736 |
| Direct | costs | - | Governance | 84,745 | 84,745 | ||
| 1,487,603 | 161,878 | 1,549,481 |
| Care Home | Total | |||
|---|---|---|---|---|
| Activity | Governance | funds | ||
| 2022 | 2022 | 2022 | ||
| 6 | 6 | |||
| Staff costs | 1,203,905 | 1,203,905 | ||
| Depreciation | 83,644 | 83,644 | ||
| Consumables | 132,076 | 132,076 | ||
| Cleaning | 11,694 | 11,694 | ||
| Premises costs | 63,358 | 63,358 | ||
| Equipment | 32,873 | 32,873 | ||
| Training and other |
staff costs | 18,799 | 18,799 | |
| 1,462,705 | 83,644 | 1,546,349 | ||
| Care Home | Total | |||
| Activity | Governance | funds | ||
| 2021 | 2021 | 2021 | ||
| k | ||||
| Staff costs | 1,132,010 | 1,132,010 | ||
| Depreciation | 84,745 | 84,745 | ||
| Consumables | 124,073 | 124,073 | ||
| Cleaning | 12,339 | 12,339 | ||
| Premises costs | 74,557 | 74,557 | ||
| Equipment | 33,170 | 33,170 | ||
| Legal & professional | fees | 13,471 | 13,471 | |
| Training and other |
staff costs | 13,238 | 13,238 | |
| 1,402,858 | 84,745 | 1,487,603 |
| Support | Total | ||||
|---|---|---|---|---|---|
| Activity | funds | ||||
| 2022 | 2022 | ||||
| 6 | |||||
| Staff costs | 85,663 | 85,663 | |||
| Professional | subscriptions | 10,732 | 10,732 | ||
| Consultancy | fees | 300 | 300 | ||
| Telephone, | stationery | and postage | 4,917 | 4,917 | |
| Office costs | 13,911 | 13,911 | |||
| Bank charges | (206) | (206) | |||
| Charitable | contributions | 32,968 | 32,968 | ||
| Interest | 13,184 | 13,184 | |||
| Audit fee | 3,600 | 3,600 | |||
| 165,069 | 165,069 |
| Support | Total | ||||
|---|---|---|---|---|---|
| Activity | funds | ||||
| 2021f | 2021f | ||||
| Staff costs | 115,184 | 115,184 | |||
| Professional | subscriptions | 5,328 | 5,328 | ||
| Consultancy | fees | 540 | 540 | ||
| Telephone, | stationery | and postage | 4,886 | 4,886 | |
| Office costs | 11,479 | 11,479 | |||
| Bank charges | 348 | 348 | |||
| Charitable | contributions | 18,175 | 18,175 | ||
| Interest | 2,025 | 2025 | |||
| Audit fee | 3,913 | 3,913 | |||
| 161,878 | 161,878 |
| statutory ac Staff costs |
counts of6 | 850(2021 - | Z1,163). |
||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| L | |||||
| Wages and | salaries | 1,170,872 | 1,142,659 | ||
| Social security costs | 96,870 | 82,613 | |||
| Contribution | to defined | contdibution | pension schemes | 21,826 | 21,922 |
| 1,289,568 | 1,247,194 |
| 2022 | 2021 |
|---|---|
| No. | No. |
| 50 |
| Freehold | Plant and | Fixtures and | ||
|---|---|---|---|---|
| property 5 |
machinery f |
fittings f |
Totalf | |
| Cost or valuation | ||||
| At 1 January 2022 | 2,306,175 | 294,654 | 310,040 | 2,910,869 |
| Additions | 15,302 | 58,951 | 74,253 | |
| At 31 December 2022 | 2,306,175 | 309,956 | 368,991 | 2,985,122 |
| Depreciation | ||||
| At 1 January 2022 | 276,744 | 269,557 | 242,248 | 788,549 |
| Charge for the year | 46,124 | 14,861 | 22,659 | 83,644 |
| At 31 December 2022 | 322,868 | 284,418 | 264,907 | 872,193 |
| Net book value | ||||
| At 31 December 2022 | 1,983,307 | 25,538 | 104,084 | 2,112,929 |
| At 31December 2021 | 2,029,43'I | 25,097 | 67,792 | 2 122320 |
| Stocks | |||
|---|---|---|---|
| 2022 | 2021 | ||
| 6 | |||
| Finished goods and goods for resale | 1,000 | 1,000 | |
| Debtors | |||
| 2022 K |
2021f | ||
| Trade debtors | 111,874 | 50,449 | |
| Other debtors | 1,768 | 2,383 | |
| Prepayments | and accrued income | 11,373 | 10,146 |
| 125,015 | 62,978 |
| 2022 | 2021 | ||
|---|---|---|---|
| 6 | 5 | ||
| Credit card repayable | on demand | 1,254 | |
| Bank loans | 61,498 | 56,897 | |
| Trade creditors | 14,672 | 19,216 | |
| Other taxation and social security | 25,325 | ||
| Other creditors | 82,221 | 105,323 | |
| Accruals and deferred | income | 47,469 | 58,136 |
| 232,438 | 239,572 |
| 2022 E |
2021f | ||
|---|---|---|---|
| Bank loans | 230,658 | 293,545 | |
| Included within the above are amounts |
falling due as follows: | ||
| 2022 | 2021 | ||
| Between one and two years | |||
| Bank loans | 64,555 | 62,898 | |
| Between two and five years | |||
| Bank loans | 148,587 | 200,218 | |
| Over five years | |||
| Bank loans | 17,516 | 30,429 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Payable | or | repayable | by | instalments | 17,516 | 30,429 |
| 17,516 | 30,429 |
| Balance at | |||||
|---|---|---|---|---|---|
| Balance at 1 | 31 | ||||
| January | December | ||||
| 2022 | Income | Expenditure | 2022 | ||
| 6 | E | ||||
| Unrestricted funds |
|||||
| Designated funds |
|||||
| Revaluation fund |
373,790 | (46,124) | 327,666 | ||
| Fixed asset fund | 1,302,742 | (36,478) | 1,266,264 | ||
| 1,676,532 | (82,602) | 1,593,930 | |||
| General funds | |||||
| General fund | 295,125 | 1,625,052 | (1,612,924) | 307,253 | |
| Total Unrestricted | funds | 1,971,657 | 1,625,052 | (1,695,525) | 1,901,183 |
| Restricted funds | |||||
| Restricted fund - Gift for home |
4,168 | (1,042) | 3,126 | ||
| WSCC Covid infection control grant | 14,850 | (14,850) | |||
| 4,168 | 14,850 | (15,892) | 3,126 | ||
| Total offunds | 1,975,825 | 1,639,902 | (1,711,418) | 1,904,309 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | 31 | |||||
| 1January | December | |||||
| 2021 | income 6 |
Expenditure f |
2021 6 |
|||
| Unrestricted funds |
||||||
| Designated funds |
||||||
| Revaluation fund |
419,914 | (46,124) | 373,790 | |||
| Fixed asset fund | 1,340,321 | (37,579) | 1,302,742 | |||
| 1,760,235 | (83,703) | 1,676,532 | ||||
| General funds | ||||||
| General fund | 292606 | 1,530,568 | (1,528,049) | 295,125 | ||
| Total Unrestricted | funds | 2,052,841 | 1,530,568 | (1,611,752) | 1,971,657 | |
| Restricted funds | ||||||
| Restricted fund - Gift for home |
5,210 | (1,042) | 4,168 | |||
| WSCC Covid infection | control grant | 17,840 | (17,840) | |||
| WSCC Covid rapid | test | fund | 18,847 | (18,847) | ||
| 5,210 | 36,687 | (37,729) | 4,168 | |||
| Total offunds | 2058,051 | 1,567,255 | (1,649,481) | 1,975,825 |
| Summary | offunds - current year | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at 1 | 31 | ||||
| January | December | ||||
| 2022 | Income | Expenditure | 2022 | ||
| E | E | E | |||
| Designated | funds | 1,676,532 | (82,602) | 1,593,930 | |
| General funds | 295,125 | 1,625,052 | (1,612,924) | 307,253 | |
| Restricted | funds | 4,168 | 14,850 | (15,892) | 3,126 |
| 1,975,825 | 1,639,902 | (1,711,418) | 1,904,309 | ||
| Summary | offunds - prior year | ||||
| Balance at | |||||
| Balance at | 31 | ||||
| 1January | December | ||||
| 2021f | Income f |
Expenditure | 2021f | ||
| Designated | funds | 1,760,235 | (83,703) | 1,676,532 | |
| General funds | 292,606 | 1,530,568 | (1,528, 049) | 295,125 | |
| Restricted | funds | 5,210 | 36,687 | (37,729) | 4,168 |
| 2,058,051 | 1,567,255 | (1,649,481) | 1,975,825 |
| Analysis | of n | et assets between funds - current |
year | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2022 | 2022 | 2022 | |||
| E | E | E | |||
| Tangible | fixed | assets | 3,126 | 2,109,803 | 2,112,929 |
| Current | assets | 254,477 | 254,477 | ||
| Creditors | due | within one year | (232,439) | (232,439) | |
| Creditors | due | in more than one year | (230,658) | (230,658) | |
| Total | 3,126 | 1,901,183 | 1,904,309 |
| Analysis | of n | et assets between funds - prior ye | ar | ||
|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | |||
| funds | funds | funds | |||
| 2021 | 2021 | 2021 | |||
| 6 | |||||
| Tangible | fixed | assets | 4,168 | 2,118,152 | 2,122320 |
| Current | assets | 386,622 | 386,622 | ||
| Creditors | due | within one year | (239,572) | (239,572) | |
| Creditors | due | in more than one year | (293,545) | (293,545) | |
| 4,168 | 1,971,657 | 1,975,825 |
| Reconciliation of n |
e | t move | ment in funds |
to | net cash flow from operati | ng activities |
|
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| E | |||||||
| Net expenditure for the year |
(as per Statement | of Financial Activities) | (71,616) | (82,226) | |||
| Adjustments for: |
|||||||
| Depreciation charges |
83,644 | 84,745 | |||||
| Increase in debtors |
(62,037) | (47,710) | |||||
| Increase/(decrease) | in creditors | (12,988) | 56,382 | ||||
| Net cash provided | by/(used | in) operating | activities | (62,897) | 11,191 | ||
| Analysis ofcash and cash | equivalents | ||||||
| 2022 f |
2021 f |
||||||
| Cash in hand | 128,462 | 322, 644 | |||||
| Credit card repayable | on demand | (1,264) | |||||
| Total cash and cash | equivalents | 127,208 | 322,644 |