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|||||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|||||
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||||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|
##
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|||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|
##
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||||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|
##
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|||||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||||||
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|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|
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||||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|
##
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|||||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|
##
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|||||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|
##
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||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|
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|||||||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|
##
##
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##
|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|
##
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