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FOR THEYEARENDED31 July 2023 |
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TRUSTEES' REPORT |
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The trustees present their report and accounts for theyearended31 July 2023 |
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PRINCIPAL ACTIVITIES |
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The principal activity of the charity in theyearunder review waswas the provision of social care for people with learning disabilities. |
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STRUCTURE GOVERNANCE AND MANAGEMENT |
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The organisation is a charitable company limited by guarantee not having a share capital and was incorporated on 27 July 1992. The liability of the members, in the event of the winding up of the company, is limited to £1. The company is established under a Memorandum of Association which sets out its objects and is governed by its Articles of Association.
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The trustees who served during the year were:
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M Hughes (deceased 12/04/2022)
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A G Levy
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C Meakings
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G A Meakings
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J Wilson (resigned 21 March 2023)
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The trustees of the charity are also directors for the purpose of company law. Trustees are appointed by a resolution of the council or by ordinary resolution of the company.
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The trustees meet at least quarterly during the year.
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The trustees make a formal assessment of the major risks to which the charity is exposed on an annual basis. They are satisfied that systems are in place to mitigate exposure to such risks. |
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OBJECTIVES AND ACTIVITIES |
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The trust's objects as set out in the Memorandum of Association are the relief of suffering and in particular the care of people with learning disabilities.
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Currently, the trust runs a residential care home - Cavendish House - caring for four residents with learning disabilities. This is funded through Local Authority placements.
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We also own a second property within Lingfield village that is being leased to another charity on a gratis basis while a supported living service is being established.
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The trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2006 to have due regard to the Charity Commission's general guidance on public benefit. |
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FOR THEYEARENDED31 July 2023 |
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TRUSTEES' REPORT |
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ACHIEVEMENTS AND PERFORMANCE |
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We were pleased to begin the inspection of Cavendish House in July 2023 and worked closely with inspectors from the Care Quality Commission (CQC) to support the process. Members of the residential care home team spoke with inspectors about how they support people within the home to be as independent as possible and take part in a wide range of activities in line with their interests.
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Residents at Cavendish House continued to be well-supported throughout the year by a caring and engaged staff team who enable them to have fulfilled lives. Residents continue to have close connections within the Lingfield community through the church and a local drama group. They also access sporting activities such as swimming and attending a gym.
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We have completed work on our second property and another provider has started to move people in to run it as a supported living service. We have agreed to provide this property on a gratis basis while the service is being established. This is in order to support people with learning disabilities within the local Lingfield community. |
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FINANCIAL REVIEW |
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During the year under review, the charity had net income of £4,672 (2022 - £17,482). General funds are maintained at a level approximating to six months charitable expenditure and are felt sufficient to cover any short term additional costs in line with the potential changes in the funding for the type of care the charity provides. |
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RESPONSIBILITIES OF THE TRUSTEES |
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Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements the trustees should follow best practice and:
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- select suitable accounting policies and then apply them consistently;
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- make judgements and estimates that are reasonable and prudent; and
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- prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.
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The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2016. The trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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The board keeps its membership under review and seeks to ensure that it reflects the skills and experience needed to discharge its responsibilities. Its approach to recruitment reflects the circumstances of a small, local charity that experiences low turnover. The board will make use of advertisement or other approaches to recruitment as appropriate.
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This report has been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities and in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies regime.
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INDEPENDENT EXAMINER'S STATEMENT |
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FOR THEYEARENDED31 July 2023 |
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OFTHE CAVENDISH HOUSE TRUST |
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I report on the accounts of the company for theyearended31 July 2023. |
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RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER |
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The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member ofACCA. |
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to: |
- examine the accounts under section 145 of the 2011 Act; |
- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and |
- state whether particular matters have come to my attention. |
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BASIS OF INDEPENDENT EXAMINERS STATEMENT |
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My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. |
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INDEPENDENT EXAMINER'S STATEMENT |
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FOR THEYEARENDED31 July 2023 |
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INDEPENDENT EXAMINERS STATEMENT |
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In connection with my examination, no matter has come to my attention: |
(1) which gives me reasonable cause to believe that in any material respect the requirements: |
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and |
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities |
have not been met; or |
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached |
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................................................... |
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Date: 17 April 2024 |
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Unsworth's Accountancy Services Ltd |
Chartered Certified |
39 Stockwell Road |
East Grinstead |
West Sussex |
RH19 4BD |
01342 604936 |
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Statement of Financial Activities | |
for the year ended31 July 2023 | |
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| | | | | | | | 2023 | | 2022 |
| | | | Unrestricted funds | | Restricted funds | | Total | | Total |
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Income | | | | | | | | | | |
Income from generated funds | | | | | | | | | | |
Donations and legacies | | | | 3,457 | | - | | 3,457 | | 13,024 |
Income from Investments | | | | 1,256 | | - | | 1,256 | | 31 |
Income from charitable activities | | | | 266,645 | | - | | 266,644 | | 337,482 |
Total Income and endowments | | | | 271,358 | | - | | 271,357 | | 350,537 |
Expenses | | | | | | | | | | |
Costs of generating funds | | | | | | | | | | |
Expenditure on Charitable activities | | | | 266,603 | | - | | 266,601 | | 333,055 |
Total Expenses | | | | 266,603 | | - | | 266,601 | | 333,055 |
Net gains on investments | | | | | | | | | | |
Net Income | | | | 4,755 | | - | | 4,756 | | 17,482 |
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Gains/(losses) on revaluation of fixed assests | | | | | | | | | | |
Net movement in funds: | | | | | | | | | | |
Net income for the year | | | | 4,755 | | - | | 4,756 | | 17,482 |
Total funds brought forward | | | | 1,320,144 | | - | | 1,320,144 | | 1,302,662 |
Net funds carried forward | | | | 1,324,899 | | - | | 1,324,900 | | 1,320,144 |
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This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities | |
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BALANCE SHEET AT 31 JULY 2023 |
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| | | | | | 2023 | | | | 2022 |
| | Notes | | | | £ | | | | £ |
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FIXED ASSETS | | | | | | | | | | |
Tangible assets | | 5 | | | | 931,452 | | | | 957,283 |
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CURRENT ASSETS | | | | | | | | | | |
Debtors (amounts falling due within one year) | | 6 | | 12,912 | | | | 21,254 | | |
Cash at bank and in hand | | | | 397,620 | | | | 359,077 | | |
| | | | 410,532 | | | | 380,331 | | |
CREDITORS: Amounts falling due within one year | | 7 | | 17,084 | | | | 17,470 | | |
NET CURRENT ASSETS | | | | | | 393,448 | | | | 362,861 |
TOTAL ASSETS LESS CURRENT LIABILITIES | | | | | | 1,324,900 | | | | 1,320,144 |
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CAPITAL AND RESERVES | | | | | | | | | | |
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Unrestricted funds | | 9 | | | | | | | | |
General fund | | | | | | 746,330 | | | | 715,743 |
Designated funds | | | | | | 578,570 | | | | 604,401 |
| | | | | | 1,324,900 | | | | 1,320,144 |
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For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
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Approved by the board of trustees on 17 April 2024 and signed on their behalf by | | | | | | | | | | |
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............................. | | | | | | | | | | |
Dr V K Fenton | | | | | | | | | | |
Trustee | | | | | | | | | | |
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Expenses |
for the year ended31 July 2023 |
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| | | | 2023 | | 2022 |
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Expenses | | | | | | |
Costs of generating funds | | | | | | |
Charitable Activities | | | | | | |
General Fund | | | | | | |
Food and household expenses | | | | 11,154 | | 8,656 |
Day care costs | | | | - | | 38 |
Staff entertaining and gifts | | | | 1,050 | | 1,285 |
Rates and water | | | | 12,175 | | 10,567 |
Insurance | | | | 8,787 | | 8,411 |
Heat and light | | | | 3,040 | | 3,707 |
Cleaning | | | | 676 | | 35 |
Repairs and maintenance | | | | 12,904 | | 59,556 |
Staff wages and salaries | | | | 175,723 | | 195,548 |
Staff recruitment and DBS checks | | | | 1,766 | | 1,373 |
Staff training costs | | | | 1,628 | | 3,023 |
Computer and software expenses | | | | 974 | | 974 |
Computer and software expenses | | | | 3,763 | | 4,243 |
Accountancy and bookkeeping fees | | | | 3,154 | | 2,800 |
Pension advice fees | | | | 366 | | 366 |
Printing, postage and stationery | | | | 117 | | 376 |
Telephone | | | | 966 | | 994 |
Subscriptions | | | | 81 | | 40 |
Outings and activities | | | | 1,846 | | 3,338 |
Sundry expenses | | | | 602 | | 204 |
Depreciation of land and buildings | | | | 20,456 | | 20,458 |
Depreciation of fixtures and fittings | | | | 1,005 | | 1,256 |
Depreciation of equipment | | | | 203 | | 254 |
Depreciation of motor cars | | | | 4,165 | | 5,553 |
| | | | 266,601 | | 333,055 |
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| | | | 266,601 | | 333,055 |
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