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2023-03-31-accounts

Page
Reference and administrative details ofthe Charity, its Trustees and advisers
Trustees'
report		 2-7
Independent
auditor's		 report on the financial statements
Statement offinancial activities 12
Balance sheet
Statement ofcash flows 15
Notes to the financial statements 16-28

Trustees S Bell (appointed S Bell (appointed S Bell (appointed 3September 2022) 3September 2022)
E Scott-Gilba
A Del Po
R M Miles
S Minall
W C Catchpole (resigned 15March 2023)
E C Trump (appointed 11 October 2023)
Company registered
number 02438015
Charity registered
number 802682
Registered office 74 Redhill
Drive
Brighton
East Sussex
BN1 5FL
Company secretary E C Trump
Independent auditors Kreston Reeves LLP
Statutory
Auditor
9 Donnington Park
85 Birdham Road
Chichester
West Sussex
PO20 7AJ
Bankers HSBC Bank pic
Harry Weston Road
Binley
Coventry
CV3 2SH
Solicitors Griffith Smith Farrington 8 Webb
47 Old Steine
Brighton
BN1 1HY

Unrestricted Total Total
funds funds funds
Note 2023f 2023 2022
Income from:
Donations
and legacies		 12,750 12,750 19,784
Charitable
activities		 1,152,399 1,152,399 1,094,935
Investments 730 730 5
Total income 1,165,879 1,165,879 1,114,724
Expenditure
on:
Charitable
activities		 1,236,994 1,236,994 1,262,271
Total expenditure 1,236,994 1,236,994 1,262,271
Net movement
in funds		 (71,115) (71,115) (147,547)
Reconciliation
offunds:
Total funds brought forward 1,981,727 1,981,727 2,129,274
Net movement
in funds		 (71,115) (71,115) (147,547)
Total funds carried forward 1,910,612 1,910,612 1,981,727

Note 2023f 2022
Fixed assets
Tangible assets 12 1,743,604 1,798,073
1,743,604 1,798,073
Current assets
Debtors 13 77,909 189,848
Cash at bank and in hand 207,121 173,290
285,030 363,138
Creditors: amounts falling due within one
year 14 (118,022) (179,484)
Net current assets 167,008 183,654
Total assets less current liabilities 1,910,612 1,981,727
Total net assets 1,910,612 1,981,727

2023 2022
Note E
Charity funds
Restricted funds 15
Unrestricted funds 15 1,910,612 1,981,727
Total funds 1,910,612 1,981,727

2023 2022
Note
Cash flows from operating activities
Net cash used
in operating		 activities 17 35,759 (122,512)
Cash flows from investing activities
Purchase oftangible
fixed assets		 (1,928) (1,819)
Net cash used
in investing		 activities (1,928) (1,819)
Cash flows from financing activities
Net cash provided
by financing
activities
Change
in cash and cash		 equivalents
in		 the year 33,831 (124,331)
Cash and cash equivalents at the beginning ofthe year 173,290 297,621
Cash and cash equivalents at the end of the year 18 207,121 173,290
The notes on pages 16to 28 form part ofthese financial statements

Freehold
property		 - 2% per annum, straight-line
Property
improvements		 - 10%per annum, straight-line
Motor vehicles - 25% per annum, reducing
balance
Office equipment - 25% per annum, straight-line
Computer
equipment		 - 33%per annum, straight-line

Unrestricted Total
funds funds
2023 2023f
Donations 12,750 12,750
Unrestricted Total
funds funds
2022 2022
E E
Donations 19,784 19,784
5. Income from charitable activities
Unrestricted Total
funds funds
2023 2023
Tenant fees 1,152,399 1,152,399
Unrestricted Total
funds funds
2022 2022
F
Tenant fees 1,094,935 1,094,935

Unrestricted Total
funds funds
2023 2023f
Bank interest 730 730
Unrestricted Total
funds funds
2022 2022
E E
Bank interest
Analysis ofexpenditure on charitable activities
Unrestricted
funds Total
2023 2023
Promotion ofcare and education 1,236,994 1,236,994
Unrestricted
funds Total
2022 2022
F
Promotion ofcare and education 1,262,271 1,262,271

Activities
undertaken Support Total
directly costs funds
2023 2023 2023
Promotion ofcare and education 1,213,434 23,560 1,236,994
Activities
undertaken Support Total
directly costs funds
2022 2022 2022
F
Promotion ofcare and education 1,243,042 19,229 1,262,271

Promotion
ofcare and Total
education funds
2023 2023
Staff costs 860,909 860,909
Depreciation 56,397 56,397
House running costs 96,871 96,871
Repairs and maintenance 54,638 54,638
Supplies and other residential support 36,043 36,043
Administration costs 101,838 101,838
Donations
made		 20 20
Holiday costs 6,718 6,718
1,213,434 1,213,434

Analysis of d irect costs (co ntinu ed)
Promotion
of
care and Total
education funds
2022 2022
F
Staff costs 906,824 906,824
Depreciation 64,736 64,736
House running costs 140,601 140,601
Repairs and maintenance 38,663 38,663
Supplies and other residential support 23,251 23,251
Administration costs 68,967 68,967
1,243,042 1,243,042
Analysis of support costs
Promotion
ofcare and Total
education funds
2023 2023
Governance costs 23,560 23,560
Promotion
of
care and Total
education funds
2022 2022
F E
Governance costs 19,229 19,229
9. Auditors'
remuneration
2023 2022
E
Fees payable to the Charity's auditor for the audit ofthe Charity's annual
financial statements 13,140 11,400
Fees payable to the Charity's auditor in respect of:
All non-audit services not included above 1,584 1,440

Staff c osts
2023 2022
Wages and salaries 782,646 824,350
Social security costs 63,096 66,639
Other pension costs 15,167 15,835
860,909 906,824
2023 2022
No. No.
Admin 8 Care staff 37 41

Freehold Motor Office Computer
property
f		 vehicles equipment equipment Totalf
Cost or valuation
At 1 April 2022 2,690,178 22,130 41,799 1,819 2,755,926
Additions 60 1,868 1,928
At 31 March 2023 2,690,178 22,130 41,859 3,687 2,757,854
Depreciation
At 1 April 2022 902,932 17,229 37,310 382 957,853
Charge for the year 52,416 1,255 1,732 994 56,397
At 31 March 2023 955,348 18,484 39,042 1,376 1,014,250
Net book value
At 31 March 2023 1,734,830 3,646 2,817 2,311 1,743,604
At 31 March 2022 1,787,246 4,901 4,489 1,437 1,798,073
Debtors
2023f 2022
Due within one year
Trade debtors 62,717 148,972
Other debtors 4,216 417
Prepayments
and accrued income		 10,976 40,459
77,909 189,848

2023 2022
Trade creditors 31,910 36,739
Other taxation and social security 24,074 16,662
Other creditors 23,225 16,653
Accruals and deferred income 38,813 109,430
118,022 179,484
2023 2022
E
Deferred income at 1 April 2022 70,288 71,866
Resources deferred during the year 13,985 70,288
Amounts released from previous periods (70,288) (71,866)
Deferred income 13,985 70,288

Stateme nt o ffunds - current year
Balance at
Balance at 1 31 March
April 2022 Income Expenditure 2023
Unrestricted funds
General Funds 1,981,727 1,165,879 (1,236,994) 1,910,612
Statement offunds -prior year
Balance at
Balance at 31 March
1 April 2021 Income Expenditure 2022
E F
Unrestricted funds
General Funds 2,129,274 1,114,724 (1,262,271) 1,981,727

Analysis of n et asse ts between
funds - current ye		 ar
Unrestricted Total
funds funds
2023 2023
Tangible fixed assets 1,743,604 1,743,604
Current assets 285,030 285,030
Creditors due within one year (118,022) (118,022)
Total 1,910,612 1,910,612
Analysis of n et asse ts between
funds - prior year
Unrestricted Total
funds funds
2022 2022
E E
Tangible fixed assets 1,798,073 1,798,073
Current assets 363,138 363,138
Creditors due within one year (179,484) (179,484)
Tl 1,981,727 1,981,727

2023 2022
E
Net expenditure
for		 the year (as per Statement of Financial Activities) (71,115) (147,547)
Adjustments
for:
Depreciation
charges		 56,397 64,736
Decrease/(increase) in debtors 92,172 (43,529)
Increase/(decrease) in creditors (41,695) 3,828
Net cash provided by/(used in) operating activities 35,759 (122,512)

2023f 2022
Cash in hand 207,121 173,290
Total cash and cash equivalents 207,121 173,290
19. Analysis ofchanges in net debt
At 1 April At 31 March
2022 Cash flows 2023
Cash at bank and in hand 173,290
173,290 33,831 207,121

2023 2022
Not later than 1 year 4,276 4,276
Later than 1 year and not later than 5years 10,310 14,586
14,586 18,862