Registered number: 02416122
Charity number: 802108
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the Company. its Trustees and advisers
Trustees. report
Independent auditors. report on the financial statements
8-10
Statement of financial activities
Balance sheet
12-13
Statement of cash flows
14
Notes to the financial statements
15-31

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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
J Nurse
S Cowdy
M Odell (deceased 29 June 2024)
Dr. l Johnson
Dr. K Hargin
A J Newnham
G S Hoyles (appointed 5 January 2024)
J Bellinger (appointed 16 April 2025)
Company registered number
02416122
Charity registered number
802108
Registered office
Compton House
Compton Road
Lindfield
West Sussex
RH16 2JZ
Company secretary
J Nurse
Registered manager
Dr V Veljanoski
Independent auditors
Baldwin Scofield Ltd
Chartered Accountants
Statutory Auditors
3 Newhouse Business Centre
Old Crawley Road
Horsham
West Sussex
RH12 4RU
Bankers
Barclays Bank PLC
High Street
Leicester
LE87 2BB
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report together with the audited financial statements of the Company for the
year 1 January 2024 to 31 December 2024. The Annual report serves the purposes of both a Trustees, report
and a directors. report under company law. The Trustees confirm that the Annual report and financial statements
of the charitable company comply with the current statutory requirements, the requirements of the charitable
company's goveming document and the provisions of the Statement of Recommended Practice ISORP)
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report
required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors,
Report) Regulations 2013 has been omitted.
Objectives and activities
• Policies and objectives
The charity (and the company) was formed to maintain and operate one or more Christian residentiallnursing
homes in Lindfield, West Sussex and the adjoining area, to care for the eldedy, ill, convalescent or infirm. The
objectives of the charity are to meet the physical, emotional and spiritual needs of all the residents of the
home(s) run by the charity, whether they be members of the Lindfield churches or the community al large, who
are eldedy and in need of nursing care or residential accornmodation provided in a Christian environment and
who have made it their home.
In setting objectives and planning for activities. the Trustees have given due consideration to general guidan
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit- running a
charity (PB2}'.
Strategies for achieving objectives
The key element of the chariws medium to long tem strategy is to maintain, through the activities of the
company. one or more Christian nursing and residential homes that can deliver the provision of excellent care
and facilities to meet the physical. emotional and spiritual needs of the residents. From a financial perspective, it
is the intention of the Trustees to reinvest any surplus funds generated by the company in the upkeep,
mainlenance and improvement of its facilities and quality of care and, where appropriate, to further develop the
ServI￿S the charity can provide.
Activities undertaken to achieve objectives
The main activities currently undertaken by the charity, through the activities of the company, in order to meet
these objectives are to run two homes in Lindfield, West Sussex. The first of these is the nursing home known
as Compton House, which can accommodate up to 27 residents. The second of these is Little Compton, which
has hitherto provided separate accommodation for independent living for up to 9 residents. but the Trustees are
now actively planning to convert these facilities into additional nursing home accommodation by combining this
with the nursing provision of Compton House to create a single, larger nursing home and thereby generate
greater long-term financial resilience for the charity.
Main activities undertaken to further the Company's purposes for the public benefit
In order to support the charitable purposes. the charity currently sets aside a proportion of its annual income to
meet cases of financial need. whether for existing residents or for new residents who may have a shortfall in
funding source. whether it be provided from statutory bodies or from private means. It is also the intention of the
Trustees to ensure Ihat the services provided by the charity are available for all relevant sections of the
community (i.e. elderly persons) and to undertake appropriate promolion of the charity within the community to
promote its services to prospective residents and beneficiaries.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achlevements and performance
Key financial perfonnance indicators
The Trustees review the financial perf0rrnan￿ of the company (and, hence, of the charity) in relation to an
established budget for each financial year. The key financial performance indicators include Ihe overall net
income of the company, the amount of fees payable by the residents, the amount of overall expenditure
(including expenditure in support of the charitable purposes) and the cash resources of the company (taking inlo
account the long-term loan arrangements in place with the bank).
Review of activities
The trustees are please to report that the year 2024 was a substantially better year than the previous year, both
operationally and financially. Resident numbers in Compton House steadily increased throughout the year, so by
the end of the year the home was effectively full, although Little Compton remained unoccupied throughout the
year. This resulted in an overall surplus in the financial result for the year. with an operating profit, prior to the
revaluationldepreciation of the freehold properties. of £62,505 (2023- deficit of £257,596). The company
continued to make use of an overdraft facility with Barclays Bank throughout the year as well as continuing to
repay its long-term loan arrangements with the bank in line with expectations. Trustees expect that the company
will continue to rebuild its financial resilience during 2025 and will look to implement the development work in
Little Compton as soon as its financial resources pemiil.
The Registered Manager, Dr Vlado Veljanoski, continued to lead the management and staff and the Trustees
are gratified to note that the homes continue lo be run in a highly professional and effeclive manner and with the
Chrislian ethos of the homes still to the fore. The Trustees very much appreciate the dedication and
professionalism shown by the managemenl and the whole staff leam. including the various volunteers, who
between them provide care and support that helps ensure that the residents are not only physically safe and well
cared for. but also have their emotional and spiritual needs met in a caring Christian environment.
We have been very pleased to welcome Mr Stephen HO￿eS and Ms Julie Bellinger to the board as Trustees in
January 2024 and April 2025 respectively. As highlighted in last yearfs report, we were deeply saddened to have
to report the untimely death of one of our Truslees. Mike Odell, in June 2024 and we continue to hold his wife
and family in our thoughts and prayers.
In line with the valuation options permitted under FRS 102, the Trustees have opled to show an amount in the
accounts in respect of Ihe company's main assets (being the freehold properties at 40 and 42 Compton Road,
Lindfield) at deemed cost less depreciation. The value at 31 December 2024 is stated as being £1,891,059
12032 value: £1,937,183). Under FRS 102, the Trustees could instead have elected to adopt a market valuation
method. While the Trustees consider that this altemative method would probably give a more appropriate value
over the long term, it would require the Trustees to periodically use the financial resources of the charity to obtain
external professional valuations, and the Trustees have taken the view that this would be an unnecessary and
profligate use of charity funds and would not serve any useful purpose. Therefore. the valuation of the freehold
properties as stated in these accounts is unlikely to represent a value that is considered to be at or close to their
market value. Notwithslanding this, during 2023 the Trustees comrnissioned an independenl valuation of the
freehold properties for financing purposes and were unsurprised that this valualion figure was substantially
higher than the value stated in these accounts.
Factors relevant to achieve objectives
The Trustees believe that the charity, through the activities of the company, continues to operate successfully
and in accordance with its objectives, and is able to generate sufficient cashflow to continue to Servi￿ its debts
and other obligations. The Trustees therefore consider that the charity is cU￿entlY operating on a sound and
suslainable financial footing which provides the foundalion for a flourishing business and caring environment wilh
which to meet its objectives, in line wilh both its legallregulatory requirements and with Christian principles.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achlevements and performance (contlnued)
Investment policy and perfomiance
Where the company has any surplus funds, these are to be maintained in cash, short term deposits andlor other
money market instruments which are not expected to contain risks to the capital. In considering where to invest
any such surplus funds, the Trustees recognise the potential need to diversify where the company places its
funds to effectively manage its operational and credit risks.
Financial review
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate
resources to continue in operational exislence for the foreseeable future. For this reason. they continue to adopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
Reserves policy
The Trustees ensure that the charity maintains sufficient cash reserves to cover all financial obligations as they
fall due and at all times segregate funds to cover the refund of dient deposits.
• Material investments policy
The company has no malerial investments. The companws main assets are the freehold properties at 40 and 42
Compton Road, Lindfield, which are inextricably linked wilh the operational activities of the nursing home
Compton House and the residential home Little Compton.
• Financial risk management objectives and policies
Throughout the period the Trustees and management continue to review the risks faced by the company which
entails the review of the risk register and an assessment of the current controls in place for the most significant
risks faced by the company. The Trustees consider that the pro￿sseS adopted are in line with general risk
managemenl industry standards, and specifically the recommendations made by Ihe Charity Commission as well
as relevant guidan￿ provided from time to time by Ihe Care Quality Commission and other statutory bodies.
• Principal funding
The company has in place an overdraft facility and one long-term loan arrangement with Barclays Bank plc,
secured on the company s main assets (being the freehold properties at 40 and 42 Compton Road, Lindfield), as
well as a CBILS loan effected in January 2021. The interest and capital on both Ihese loans are being repaid by
monthly instalments from the operating cash resources generated by the company, with the tolal outstanding
loan amount of £164.451 at 31 December 2024 (2023: £228,204). The CBILS loan is due lo be fully repaid by
January 2027 with the balance on the other long-term loan arrangemenl due to be fully repaid by 2029. In 2023
the company arranged a small number of medium-temi loan arrangements with supporters of the charity,
totalling £85,000. in order to help meet the short-term cash needs of the company while the lift in Compton
House was being repaired, and intends to repay these loans aslwhen the cash resources of the company allow.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Structure, governance and management
Constitution
Lindfield Christian Care Home is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association dated 23 August 1989.
• Methods of appointment or election of Trustees
The management of the Company is the responsibility of the Trustees who a￿ elected and co-opted under the
terms of the Articles of Association. The Trustees are all individuals who act in a voluntary capacity as both
directors of the company and trustees of the charity and are drawn from the membership of various local
churches. A volunteer's DBS check is mandatory before any individual may take up a role as a trustee of the
charity.
• Organisational structure and decision-making policies
The Trustees are responsible for setling the policy and strategic direction of the charity and for overseeing the
management of the company to ensure that such policies and strategic direction are being adhered to. In order
to help fulfil this responsibility, the Trustees receive regular reports on the financial and operational activities of
the company and meet regularfy with the Registered Manager and other management. In addition, several of the
trustees regularly visit and spend time with the residents, the staff and the volunteers in Ihe homes.
On a day-to-day basis, the Registered Manager (Dr Vlado Veljanoski) leads a team of dedicated professionals,
including nursing and other care staff, together with administration, catering and domestic staff. The Registered
Manager is supported by a tearn of specialist managers. who are in daily contact with the staff, the residents and
a large team of volunteer helpers. The Trustees have given the Registered Manager delegated responsibility for
day-to-day managemenl decisions, within certain constrainls (including the agreed policies), and are pleased to
note the appointment in March 2025 of Ms Emma Feriotlo as the new Nursing and Care Manager. Where issues
arise outside the scope of these delegated responsibilities. such issues are referred to the Trustees for
consideration and, if appropriate. for updating andlor setting new policies.
• Policies adopted for the induction and training of Trustees
New trustees are supplied with information published by the Charity Commission on the responsibilities and
expectations of Ihose appointed to charity work. The latest accounts and statutory infomialion is provided to new
trustees, and whatever interview time the new appointee requires with olher trustees or managers is made
available.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Plans for future perlods
The current financial position and outlook means that the Trustees expect the company to continue to provide
broadly its current range of servi￿$ and activities within Compton House over the foreseeable future. The
Trustees are now actively planning to convert Little Compton into additional nursing home accommodation as
and when the financial resources of the company are sufficient to undertake this development, and have
appointed architects to support this work and help gain the necessary permissions. The Trustees consider that.
by creating a single, larger nursing home, this will thereby generate greater long-term financial resilien￿ for the
charity.
In the mediumllong tem, the Trustees consider that the current central Governmenl spending constraints and
general economic uncertainties are likely to impact adversely upon the financial support provided to the elderly
by the various relevant statutory bodies. The Trustees consider that this could adversely affect the scope and
scale of services and activities that the company could provide. Most recently, this has been exacerbated by the
significant increase in Etnployer National Insurance Contributions, which has significantly increased the
company's cost base, especially when added to the re￿nt large increases in the National Minimum Wage. For
this reason, the Trustees are seeking to rebuild the financial and organisalional resilience of the company,
primarily by budgeting for ongoing operational surpluses each year, looking to improve the usage of the
company's property and other assets, keeping under review the companls long-lerni financing requiremenls
and actively monitoring the likely regulatory and operational developments, in order to be able to respond
appropriately and to continue to provide broadly its currenl range of serVI￿S and activities over the mediuml long
term.
Statement of Trustees. responsibilities
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for
preparing the Trustees. report and the financial stalernents in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees must not approve the financial statements unless they are salisfied that Ihey give a true and fair view of
the state of affairs of the Company and of its incoming resources and application of resources, including its
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 of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent.,
stste whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements-
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Company's transactions and disclose with reasonable accuracy at any time the financial position of the
Company 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 Company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Disclosure of Infom)atlon to audltors
Each of the persons who are Trustees at the time when this Trustees, report is approved has confirmed that:
so far as that Trustee is aware, there is no relevant audit infomiation of which the charitys auditors are
unaware, and
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of
any relevant audit information and to establish that the charitys auditors are aware of that information.
Auditors
The auditors, Baldwin Scofield Ltd, have indicated their willingness to continue in office. The designated
Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.
Approved by order of the members of the board of Trustees on 29 July 2025 and signed on their behalf by..
Dr. l Johnson
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LINDFIELD CHRISTIAN CARE HOME
Opinion
We have audited the financial statements of Lindfield Christian Care Home (the 'charitable company,) for the
year ended 31 December 2024 which comprise the Statetnent of financial aclivities, the Balance sheet, the
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 Financial Reporting Standard 102 'The Financial Reporting Standard applicable
in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Praclicel.
In our opinion the financial statements-
give a true and fair view of the state of the charitable companys affairs as at 31 December 2024 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; and
have been prepared in accordan￿ with the requirements of the Charities Act 2011.
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 Auditors, responsibilities for the audit
of the financial statements section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom,
including the Financial Reporting Council'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 perfonned. we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable companys ability to
continue as a going concem for a period of at least ￿e1ve 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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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LINDFIELD CHRISTIAN CARE HOME
(CONTINUED)
Other information
The other infomiation comprises the infomiation included in the Annual report other than the financial statements
and our Auditors. report thereon. The Trustees are responsible for the other infomiation contained within the
Annual report. 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 Ihereon. 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 knovAedge obtained in the course of 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 this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other infomiation, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports)
Regulations 2008 requires us to report to you if. in our opinion:
the information given in the Trustees. report is inconsislent in any material respect with the financial
statements" or
sufficient accounting records have not been kept. or
the financial statements are not in agreement with the accounting records and retums,. or
we have not received all the infomiation and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Trustees. responsibilities statement, the Trustees (who are also the directors of the
charitable company 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 ne￿SSary 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 charitable company'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 charitable company or to cease
operations, or have no realistic alternative but to do so.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF LINDFIELD CHRISTIAN CARE HOME
(CONTINUED)
Auditors. responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with
the Act and relevant regulations made or having effect thereunder.
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 Auditors, report thal includes our
opinion. Reasonable assurance is a high level of assuran￿. 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 siatements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above. to detect material misstatements in respect of irregularities,
including fraud. The extent to which our prO￿dureS are capable of detecting irregularities, including fraud is
detailed below-
Our procedures are designed in the context of the charity, its operations and the overall nature of the
govemance of the organisation both in terms of structure and the individuals involved and we have determined
that these are of high integrity.
We have made enquiries of management and of those iasked with governance as to whether they are aware of
actual or potential litigation or claims arising from irregularities or fraud. we have reviewed entries made in the
accounting records IT) order to detect irregularities including fraud. These procedures, in addition to our analytical
review and tesling during the audit, have enabled us to conclude that our procedures are capable of detecling
irregularities induding fraud.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at.. www.frc.o
.uklauditorsres
onsibilities. This descriplion forms part of our
Auditors, report.
Use of our report
This report is made solely to the charitable CoMpan￿S trustees, as a body, in accordance with Part 4 of the
Charities (Accounts and Reporls) Regulalions 2008. Our audit work has been undertaken so that we might stale
to the charitsble companys trustees those matters we are required to state to them in an Auditors, report and for
no other purpose. To the fullest extent permitted by law, we do nol ac￿pt or assume responsibility lo anyone
other than the charitable company and its members, as a body, for our audit work, for Ihis report, or for the
opinions we have formed.
Baldwin Scofield Ltd
Chartered Accountants
Statutory Auditors
3 Newhouse Business Centre
Old Crawley Road
Horsham
West Sussex
RH12 4RU
29 July 2025
Baldwin Scofield Ltd are eligible to act as auditors in temis of section 1212 of the Companies Act 2006.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Charitsble activities
8.918
2,059,956
987
8.918
2,059,956
987
2, 920
1,604,485
544
Investments
Other income
3,577
Total income
2,069,861
2,069,861
1,617,526
Expenditure on:
Charitsble activities
1,042
2,052,438
2,053,480
1,915,246
Total expenditure
1,042
2,052,438
2,053,480
1,915,246
Net movement in funds
(1,042
17,423
16,381
(303, 720)
Reconciliation of funds:
Total funds brought forward
Net movement in funds
2,084
(1,042)
1,598.505
17,423
1,600,589
16,381
1,904,309
(303, 720)
Total funds carrled forward
1,042
1,615,928
1,616,970
1, 600,589
The Statement of financial activities indudes all gains and losses recognised in the year.
The notes on pages 15 lo 31 form part of these financial statements.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
REGISTERED NUMBER: 02416122
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
Fixed assets
Tangible assets
Current assets
12
2,035.566
2,111,071
Stocks
13
1,000
53,794
53,113
1,000
30,271
53,330
Debtors
14
Cash at bank and in hand
107,907
84,601
Creditors- amounts falling due within one
year
15
(344.102)
(346, 149)
Net current liabilities
(236,195)
(261,548)
Total assets less current liabilities
1,799.371
1,849,523
Creditors.. amounts falling due after more
than one year
16
{182,401}
(248, 934)
Total net assets
1,616,970
1, 600, 589
Charity funds
Restricted funds
18
1,042
1,615.928
2,084
1,598,505
Unrestricted funds
18
Total funds
1,616.970
1, 600,589
The entity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the entity to obtain an audit for the year in question in accordance with section
476 of the Companies Act 2006.
However, an audit is required in accordance with section 144 of the Charities Act 2011.
The Trustees acknowledge their responsibilities for complwng with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
REGISTERED NUMBER: 02416122
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
The financial statements were approved and authorised for issue by the Trustees on 29 July 2025 and signed on
their behalf by..
Dr. l Johnson
The notes on pages 15 to 31 fom part of these financial statements.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Cash flows from operating activities
Net cash used in operating activities
84,829
(31,347)
Cash flows from investing activities
Purchase of tangible fixed assets
(16.598)
(91,441)
Net cash used in investing activities
(16,598)
{91,441)
Cash flows from financing activities
Cash inflows from new borrowing
Repayments of borrowing
85,000
(63,872)
(63.833)
Net cash (used in)Iprovided by financing activities
(63,833)
21,128
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
4.398
(101,660)
127,208
25,548
Cash and cash equivalents at the end of the year
29,946
25,548
The notes on pages 15 to 31 form part of these financial statements
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
General infomiation
The company is constituted under a Memorandum of Association dated 23 August 1989 and is a
registered charity. number 802108.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 1021
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charilies
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Lindfield Christian Care Home meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy.
2.2 Income
All income is recognised once the Company has entitlement to the income, it is probable that the
income will be re￿iVed and the amount of income receivable can be measured reliably.
The recognition of income from any legacies is dependenl on establishing entitlement, the probability
of receipl and the ability to estimate with sufficient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the Company has sufficient evidence that a gift has been left to
them (through knowledge of the existen￿ of a valid will and the death of the benefactor) and the
executor is satisfied that the property in question will nol be required to satisfy claims in the eslate.
Receipt of a legacy must be recognised when it is probable that il will be received and the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed to the
Company, can be reliably measured.
Grants are induded in the Statement of financial activities on a receivable basis. The balance of
income re￿iVed for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is re￿iVed in advance of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received, the income is accrued.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Other income is recognised in the period in which it is re￿1vable and to the extent the goods have
been provided or on completion of the service.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
2.3 Expenditure
Expenditure is recognised On￿ there is a legal or constructive obligation to transfer economic benefit
to a third party. it is probable that a transfer of economic benefils will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The cosls
of each activity are made up of the total of direct costs and shared costs, including support cosls
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one aclivity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and deprecialion
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Companws objectives, as well as any associated supporl costs.
All expenditure is inclusive of I￿eCoVerable VAT.
2.4 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Company- this is normally upon notificalion of the interest paid or payable by the
institution with whom the funds are deposited.
2.5 Tangible fixed assets and depreciation
Tangible fixed assets costing £1.000 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulaled depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as lo allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, using the slraighl-line method.
Depreciation is provided on the following bases-
Freehold property
Plant and machinery
Fixtures and fittings
20/0 Straight line (Nil prior to 2016)
20V/o Straight line
12.5QA straight line
2.6 Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for
obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed
and variable overheads.
2.7 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amounl prepaid net of any trade discounts due.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued)
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from Ihe date of acquisition or opening of the deposit or similar account.
2.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the atnount that the Company anticipates it will pay to settle the debt or
the amount it has received as advanced payTnents for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material. the provision is based on the present value of those
amounts, discounted at the p￿-taX discount rate that reflects the risks spectfic to the liability. The
unwinding of the discount is recognised in the Statement of financial activilies as a finance cost.
2.10 Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest Method.
2.11 Pensions
The Company operates a defined contribulion pension scheme and the pension charge represents
the amounts payable by the Company lo the fund in respect of the year.
2.12 Fund accounting
General funds are unrestricted funds which 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.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Company for parlicular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes lo the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from grants. donations and legacies
Unrestricted
funds
2024
Total
funds
2024
Donations
Legacies
3,918
5,000
3,918
5,000
8,918
8,918
Unrestricted
funds
2023
Total
funds
2023
Donations
2,920
2, 920
Income from charitable activities
Unrestricted
funds
2024
Total
funds
2024
Income from charitable activities
2,059,956
2.059,956
Unrestricted
funds
2023
Total
funds
2023
Income from charitable activities
1,604,485
1, 604,485
Investment income
Unrestricted
funds
2024
Total
funds
2024
Investment income- local cash
987
987
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Investment income (continued)
Unrestricted
funds
2023
Total
fvnds
2023
Investment income- local cash
544
544
Other incoming resources
Tolal
funds
2024
Other incoming resources
Unrestricted
funds
2023
Total
funds
2023
Other incoming resources
3,577
3,577
Analysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
funds
funds
2024
2024
Total
2024
Direct costs - Charitable activities
Direct costs - Governance
1,961,377
91,061
1.961,377
92,103
1,042
1,042
2,052,438
2,053,480
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of expenditure on charitable activities (continued)
Summary by fund type (continued)
Restricted Unrestricted
funds
funds
2023
2023
Total
2023
Direct costs - Charitable activities
1,821,946
92,258
1,821,946
93,300
Direct costs - Governance
1,042
1,042
1,914,204
1,915,246
Analysis of expenditure by activities
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Direct costs - Charitable activities
Direct costs - Governan
1.702,137
92,103
259,240
1,961,377
92,103
1,794,240
259,240
2.053,480
Activities
undertaken
directly
2023
Support
costs
2023
Total
fvnds
2023
Direct costs - Charitable activities
1,586,316
93,300
235, 630
1,821,946
93,300
Direct costs - Govemance
1,679,616
235, 630
1,915,246
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of expenditure by activities (continued)
Analysis of direct costs
Care Home
Activity Governance
2024
2024
Total
funds
2024
Staff costs
1.415,631
1.415,631
92,103
131,967
11,481
70,337
44,319
10,245
18,157
Depreciation
Consumables
Cleaning
Premises costs
Equipment
Legal & professional fees
Training and other staff costs
92,103
131,967
11,481
70,337
44,319
10,245
18,157
1,702,137
92,103
1,794,240
Care Home
Activity Governance
2023
2023
Total
fvnds
2023
Staff costs
Depreciation
Consumables
1.300,559
1,300,559
93,300
120,106
12,122
67,311
38,217
33,429
14,572
93,300
120, 106
12,122
67,311
38.217
33,429
14.572
Cleaning
Premises costs
Equipment
Legal & professional fees
Training and other staff costs
1,586,316
93,300
1,679,616
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of expenditure by activities (continued)
Analysis of support costs
Support
Activity
2024
Total
funds
2024
Staff costs
104,243
12,289
5,778
6,338
13,719
692
104,243
12,289
5,778
6,338
13,719
692
Professional subscriptions
Consultancy fees
Telephone, stationery and postage
Office costs
Bank charges
Charitable contributions
97,897
13,880
4,404
97,897
13,880
4,404
Interest
Audit fee
259,240
259,240
Support
Activity
2023
Total
funds
2023
Staff costs
Professional subscriptions
Consultancy fees
Telephone. stationery and postage
offi￿ costs
Bank charges
Charitable contributions
100,821
11,424
4,713
5,279
11,502
325
100,821
11,424
4, 713
5,279
11,502
325
63,426
34,090
4,050
63,426
34,090
4,050
Interest
Audit fee
235, 630
235, 630
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Auditors. remuneration
The auditors, remuneration amounts to an auditor fee of £3,500 (2023 - £3, 100), and preparation of the
statutory accounts of £1,000 (2023- £950).
10. Staff costs
2024
2023
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
1,377,714
116,083
26,077
1,266,403
109,513
25,464
1,519,874
1,401,380
The average number of persons employed by the Company during the year was as follows:
2024
2023
No.
68
67
The number of employees whose employee benefits (excluding employer pension costs) exceeded
£60,000 was..
2024
No.
2023
No.
In the band £60.001- £70.000
11.
Trustees. remuneration and expenses
During the year. no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 December 2024, expenses tolalling £34 were reimbursed or paid directly to 1
Trustee (2023 - £13 to 1 Trustee).
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
12. Tangible fixed assets
Freehold
property
Plant and Fixtures and
machinery
fittings
Tolal
Cost or valuation
At 1 January 2024
Additions
2,306,175
391.235
11.196
379,153
5,402
3,076,563
16,598
At 31 December 2024
2.306,175
402.431
384,555
3,093,161
Depreciation
At 1 January 2024
Charge for the year
368.992
46,124
310.208
26.304
286,292
19,675
965,492
92,103
At 31 December 2024
415,116
336.512
305,967
1.057,595
Net book value
At 31 December 2024
1,891,059
65,919
78,588
2,035,566
At 31 December 2023
1,937, 183
81,027
92,861
2,111,071
The charity's property at 40 and 42 Compton Road. Lindfield, West Sussex, RH16 2JZ are provided as
security for the loans that have been taken out by the charity as more fully disclosed in note 16.
13.
Stocks
2024
2023
Finished goods and goods for resale
1,000
1,000
14. Debtors
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
50,996
2,594
204
27,296
1,915
1,060
53,794
30,271
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
15. Creditors: Amounts falling due within one year
2024
2023
Bank overdraft and credit card repayable on demand
Bank loans
Trade creditors
Other taxation and social security
Other creditors
23,167
67,050
20,952
30,083
123,771
79,079
27, 782
64,350
18,096
31,057
109, 707
95,157
Accruals and deferred income
344,102
346, 149
The current portion of the mortgage loan as disclosed above is secured as more fully documented in note
16 below.
16. Creditors: Amounts falling due after more than one year
2024
2023
Bank loans
97,401
85,000
163, 934
85,000
Other loans
182,401
248, 934
Included within the above are amounts falling due as follows:
2024
2023
Between one and two years
Bank loans
67,597
68,587
Between two and five years
Bank loans
29,804
86, 745
Over five years
Bank loans
Other loans
8, 602
85,000
85,000
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The aggregate amount of liabilities payable or repayable wholly or in part more than five years after the
reporting date is-
2024
2023
Payable or repayable by instalments
8, 602
8, 602
The mortgage loans amounting to £49.804 (2023 £58,602) are secured on the companvs main assets
being the freehold properties at 40 and 42 Compton Road. Lindfield, West Sussex, RH16 2JZ. The
mortgage taken out in 2019 has an outstanding amount of £49,804, bears interest at 2.150/0 above base
rate and is due to be repaid by 2029.
The charity has borrowed £275,000 under the govemment backed CBILS loan arrangements introduced
to deal with the impact of the Covid-19 pandemic, of which £114,647 is outstanding at the year end {2023=
£169,682). The CBILS loan bears interest at a rate of 2.990/0 above Bank of England base rate and the
loan is repayable in 60 instalments commencing 7 February 2022. being repaid by 2027.
17.
Financial instruments
2024
2023
Financial assets
Financial assets measured at fair value through income and expenditure
53,113
53,330
Financial assets measured at fair value through income and expenditure comprise bank balances.
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
18. Statement of funds
Statement of funds - current year
Balance at
31
December
2024
Balance at 1
January
2024
Income Expenditure
Unrestricted funds
Designated funds
Revaluation fund
281,542
1,220,130
(46,124)
(44,937)
235,418
1.175,193
Fixed asset fund
1,501,672
(91.061)
1.410,611
General funds
General fund
96,833
2,069.861
(1,961,377)
205,317
Total Unrestricted funds
1,598,505
2,069,861
{2,052,438)
1.615,928
Restricted funds
Restricted fund - Gift for home
2,084
{1.042)
1,042
Total of funds
1,600,589
2,069,861
{2,053,480)
1.616,970
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
18. Statement of funds (continued)
Statement of funds - prior year
Balance at
31
December
2023
Balance at
1 January
2023
Income Expenditure
Unrestricted funds
Designated funds
Revaluation fund
327,666
1,266,264
(46, 124)
(46, 134)
281,542
1,220, 130
Fixed asset fund
1,593,930
(92,258)
1,501,672
General funds
General fund
307.253
1,611,526 (1,821,946)
96, 833
Total Unrestricted funds
1,901,183
1,611,526
(1,914,204)
1,598,505
Restricted funds
Restricted fund - Gift for home
3,126
(1,042)
2,084
Total of funds
1,904,309
1,611,526 (1,915,246)
1, 600, 589
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
19. Summary of funds
Summary of funds - current year
Balance at
31
December
2024
Balance at 1
January
2024
Income Expenditure
Designated funds
General funds
1,501,672
96,833
2,084
(91,061)
(1,961,377)
(1,042)
1.410,611
205,317
1,042
2,069.861
Restricted funds
1,600,589
2,069,861
{2,053,480) 1,616,970
Summary of funds - prior year
Balance at
31
December
2023
Balance at
1 January
2023
Income Expenditure
Designated funds
General funds
Restricted funds
1,593,930
307.253
3,126
(92,258)
1,671,526 (1,821,946)
(1,042)
1,501,672
96, 833
2,084
1,904,309
1,611,526
(1,915,246)
1, 600,589
20.
Analysis of net assets between funds
Analysis of net assets between funds - current period
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
1.042
2,034,524
2.035,566
107,907
107,907
(344,102) (344,102)
(182,401) (182,401)
Total
1,042
1,615,928
1.616,970
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
20. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior period
Restricted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Current assets
2,084
2, 108,987
2,111,071
84,601
84,601
(346, 149) (346, 149)
(248,934)
(248, 934)
Creditors due within one year
Creditors due in more than one year
Total
2,084
1,598,505
1, 600,589
21.
Reconciliation of net movement in funds to net cash flow from operating activities
2024
2023
Net incomelexpenditure for the period (as per Statement of Financial
Activities)
16,381
(303, 720)
Adjustments for:
Depreciation charges
Decrease/(increase) in debtors
Increasel(decrease) in creditors
92,103
(23.523)
(132)
93,300
94, 744
84,329
Net cash provided byl(used in) operating activities
84,829
(31,347)
22. Analysis of cash and cash equivalents
2024
2023
Cash in hand
Bank overdraft repayable on demand
Credit card repayable on demand
53,113
(15,872)
{7,295)
53,330
(25,805)
(1,977)
Total cash and cash equivalents
29,946
25,548
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LINDFIELD CHRISTIAN CARE HOME
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
23. Analysis of changes in net debt
At31
December
2024
January
2024 Cash flows
Cash at bank and in hand
Bank overdraft and credit cards repayable on demand
Debt due within 1 year
Debt due after 1 year
53.330
(27,782)
(64,350)
{248.934)
(217)
4,615
(2.700)
66,533
53,113
{23,167)
(67,050)
(182,401)
{287.736)
68,231
(219,505)
24.
Pension commitments
The charity operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the charity in an independently administered fund. The pension cost charge
represents contributions payable by the charity to the fund and amounted to £26,077 (2023 £25,464) Nil
were payable to the fund at the balan￿ sheet date and are included in creditors.
25.
Related party transactions
From time to time trustees may enter into transactions with the charity. For example, trustees have in the
past had relatives who have either worked in the home or been resident within the home, and in either
event these would be on nornial operational terms and be disclosed in the financial statements. No such
transactions took pla￿ during the year.
Page 31