The Grove Residential Home (Solihull) Charity Accounts

COMPANY REGISTRATION NUMBER: 04866257

CHARITY REGISTRATION NUMBER: 1102533

The Grove Residential Home (Solihull)

Company Limited by Guarantee

Financial Statements

31 March 2025

The Grove Residential Home (Solihull)

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Independent auditor's report to the members	5

Statement of financial activities (including income and expenditure account)	9

Statement of financial position	10

Statement of cash flows	11

Notes to the financial statements	12

The Grove Residential Home (Solihull)

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2025

The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 March 2025 .

Reference and administrative details

Registered charity name	The Grove Residential Home (Solihull)

Charity registration number	1102533

Company registration number	04866257

Principal office and registered	48 Lode Lane
office	Solihull
	West Midlands
	B91 2AE
	England

The trustees

	L. Green	(Resigned 21 June 2024)
	C. M. Ellis
	D. A. Huggins
	J. R. Bates
	R. G. Ellis
	S. M. Mullett	(Resigned 21 June 2024)

Company secretary	J. R. Bates

Auditor	Edwards Pearson & White (Audit) Limited
	Chartered Certified Accountants & statutory auditor
	8 Jury Street
	Warwick
	CV34 4EW

Bankers	Lloyds Bank
	25 Gresham Street
	London
	EC2V 7HN

Senior management team	M. Farrugia - care home manager
	J. Bibb - assistant care home manager

Structure, governance and management

Governing document

The charitable company is a registered charity (with registration number: 1102533 ) and a private company limited by guarantee (with company number: 04866257 ). The charitable company was established under a Memorandum and Articles which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the charitable company being wound up, members are required to contribute an amount not exceeding £1. The charity is governed by a board of of of trustees who are also the directors.

Structure and management

Meetings are held on a regular basis, approximately 6-8 times per annum when the overall management of the home is discussed and agreed. Day to day management is undertaken by the care manager and management team.

Recruitment and appointment of trustees

New trustees are appointed by the current trustee's board, and training will be provided where necessary.

Public benefit

The home benefits the public by providing a suitable residential care home for the local community. We have complied with the duty in section 17(5) of the 2011 charities act to have due regard to guidance published by the charity commission (i.e. public benefit statement).

Risks

The major risk facing the charity is if occupancy rates fall below an acceptable level and this is monitored at all trustee meetings.

Similarly, the risk of infection continues and suitable infection control procedures have been implemented, and are followed, at all times.

Objectives and activities

The primary objective of the trustees is to ensure the security of the home going forward in providing a suitable environment for the residents.

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

Once again, the home has continued to provide a warm and secure environment for the residents. It has operated satisfactorily during this period in an environment which has been broadly normal. However, the environment will always be challenging, both from an operating standpoint of caring for vulnerable residents with the continued risk of infection. From a financial standpoint where economic constraints continue to be evident both individually and also for local and national Government. That the Home has done so in such an environment is testament to the commitment and dedication of the home's staff and grateful thanks continue to be extended to them for their contribution throughout this period.

Financial review

A surplus of £131,162 was achieved which is a very satisfactory result and therefore considered to be another excellent result for the year. It was achieved as a result of income increasing with occupancy being generally high throughout the year and at higher rates than in the previous year, At the same time wages have increased to support this level of occupancy and also maintenance of the Home in an acceptable condition has continued.

Unrestricted funds carried forward at the end of the year amount to £889,168 which is increased from the previous year due to the surplus and the trustees are satisfied that these should prove adequate for ongoing activities with a degree of confidence in the current environment.

The main funding source is residents' income which continues to support the Charity's main activity of providing a warm and secure environment for its' residents.

Reserves policy

The home strives to maintain sufficient funds to enable six months running costs.

At the year end, the level of unrestricted reserves represented 226 days (or 7 months) worth of annual overhead expenditure (2024: 195 days) in line with the charity's reserves policy.

As at 31 March 2025, the charity had total reserves of £899,152 which can be analysed further as follows:

Unrestricted funds £889,168

Restricted funds £9,984

The existence of different reserves, and their purposes are explained within accounting policies, in the notes to the financial statements.

The assets representing each of these reserves is detailed out in note 22 to the financial statements.

Going concern

The trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Plans for future periods

As noted above the operation of the Home has operated in an environment which was, as far as it can ever be, normal. Occupancy has generally remained high this year and this helped to produce the result for the year.

Once again, the Home is indebted to the loyal and enthusiastic staff, ably led by the managers, for their hard work and commitment to continue providing the residents with the warm and safe environment in which they live. The Trustees would like to record heir grateful thanks to all members of staff for their efforts, in particular since the year end when they had to navigate the kitchen refurbishment whilst continuing to ensure the residents received adequate sustenance.

As stated above, the Home continues to incur substantial amounts on maintaining it in an acceptable state. The plans for the future are continuing to provide a suitable environment for the residents and in order to maintain financial security, appropriate levels of reserves will be preserved wherever possible. As noted last year, the major project is the complete refurbishment of the kitchen which was undertaken after the year end. The total cost of this, when all ancillary items are included is is c£200,000.

Qualifying indemnity provision

Qualifying third party indemnity provisions were in force during the year, for the benefit of one or more trustees (of the charity).

Trustees' responsibilities statement

The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the 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 in the applicable Charities SORP; - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a trustee at the date of approval of this report confirms that:

- so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware; and - they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information.

The trustees' annual report and the strategic report were approved on 16 December 2025 and signed on behalf of the board of trustees by:

J. R. Bates

Trustee

The Grove Residential Home (Solihull)

Company Limited by Guarantee

Independent Auditor's Report to the Members of The Grove Residential Home (Solihull)

Year ended 31 March 2025

Opinion

We have audited the financial statements of The Grove Residential Home (Solihull) (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, 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 FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the charity's affairs as at 31 March 2025 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; - have been prepared in accordance with the requirements of the Companies Act 2006.

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 auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’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 performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve 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.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. 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 thereon. In connection with our audit of the financial statements, 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 knowledge obtained in 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 there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- the information given in the trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the trustees' report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees' remuneration specified by law are not made; or - we have not received all the information 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 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 necessary 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 charity'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 charity or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

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 auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, 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 statements. 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 procedures are capable of detecting irregularities, including fraud is detailed below: Our assessment focused on key laws and regulations the charity has to comply with and areas of the financial statements we assessed as being more susceptible to misstatement.These key laws and regulations included but were not limited to compliance with the Companies Act 2006, United Kingdom Generally Accepted Accounting Practice, Charities SORP and relevant tax legislation. We are not responsible for preventing irregularities. Our approach to detect irregularity included, but was not limited to, the following: 1. An understanding of the legal and regulatory framework applicable to the charity and how the charity is complying. 2. Obtaining an understanding of the charity's policies and procedures and how the charity has complied with these, through discussions and sample testing. 3. An understanding of the charity's risk assessment process, including the risk of fraud. 4. Performing audit work over the risk of management override of controls, including testing of journal entries for appropriateness. Whilst considering how our audit work addressed the detection of irregularities, we also consider the likelihood of detection based on our approach. Irregularities from fraud are inherently more difficult to detect than those arising from error. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. Also the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. We are not responsible for preventing non-compliance and cannot be expected to detect noncompliance with all laws and regulations. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: - Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. - Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control. - Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. - Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to to to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the company to cease to continue as a going concern. - Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. A further description of our responsibilities is available on the Financial Reporting Council's website at: https:/ /www.frc.org.uk/auditorsresponsibilities. Use of our report

This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.

David Pearson

(Senior Statutory Auditor)

For and on behalf of

Edwards Pearson & White (Audit) Limited

Chartered Certified Accountants & statutory auditor

8 Jury Street

Warwick

CV34 4EW

16 December 2025

The Grove Residential Home (Solihull)

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 March 2025

	2025			2024
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	23,999	–	23,999	6,778
Charitable activities	6	1,527,183	–	1,527,183	1,365,522
Investment income	7	13,679	–	13,679	9,294
Other income	8	–	–	–	2,520
		-----------	----	-----------	-----------
Total income		1,564,861	–	1,564,861	1,384,114
		-----------	----	-----------	-----------

Expenditure

Expenditure on charitable activities	9,10	1,433,699	–	1,433,698	1,427,637
		-----------	----	-----------	-----------
Total expenditure		1,433,699	–	1,433,698	1,427,637
		-----------	----	-----------	-----------

	-----------	----	-----------	-----------
Net (expenditure)/income and net movement in funds	131,162	–	131,163	( 43,523)
	-----------	----	-----------	-----------

Reconciliation of funds

Total funds brought forward	758,006	9,984	767,990	811,513
	-----------	------	-----------	-----------
Total funds carried forward	889,168	9,984	899,152	767,990
	-----------	------	-----------	-----------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The Grove Residential Home (Solihull)

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible fixed assets	16		233,342	236,284

Current assets

Stocks	17	2,150	2,150
Debtors	18	45,792	30,536
Cash at bank and in hand		686,935	566,369
		--------	--------
		734,877	599,055

Prepayments and accrued income	12,696		13,658

Creditors: amounts falling due within one year	19	36,178		38,355
		--------		--------
Net current assets			711,395	574,358
			--------	--------
Total assets less current liabilities			944,737	810,642

Accruals and deferred income	45,584	42,652
	--------	--------
Net assets	899,153	767,990
	--------	--------

Funds of the charity

Restricted funds		9,984	9,984
Unrestricted funds		889,168	758,006
		--------	--------
Total charity funds	21	899,152	767,990
		--------	--------

These financial statements were approved by the board of trustees and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

J. R. Bates

Trustee

The Grove Residential Home (Solihull)

Company Limited by Guarantee

Statement of Cash Flows

Year ended 31 March 2025

	2025	2024
	£	£

Cash flows from operating activities

Net (expenditure)/income	131,163	(43,523)

Adjustments for:
Depreciation of tangible fixed assets	8,592	7,695
Other interest receivable and similar income	( 13,679)	( 9,294)
Accrued expenses/(income)	2,932	( 15,341)

Changes in:
Trade and other debtors	( 14,294)	( 4,161)
Trade and other creditors	( 2,177)	2,773
	--------	-------
Cash generated from operations	112,537	( 61,851)

Interest received	13,679	9,294
	--------	-------
Net cash from/(used in) operating activities	126,216	( 52,557)
	--------	-------

Cash flows from investing activities

Purchase of tangible assets	( 5,650)	( 6,760)
	--------	-------
Net cash used in investing activities	( 5,650)	( 6,760)
	--------	-------

Net increase/(decrease) in cash and cash equivalents	120,566	( 59,317)
Cash and cash equivalents at beginning of year	566,369	625,686
	--------	--------
Cash and cash equivalents at end of year	686,935	566,369
	--------	--------

The Grove Residential Home (Solihull)

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee with company number 04866257 , incorporated and registered in England and Wales and a registered charity in England and Wales with charity number 1102533 . The address of the registered office is 48 Lode Lane, Solihull, West Midlands, B91 2AE, England.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity and rounded to the nearest £.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. No significant judgements have had to be made in preparing these financial statements.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Equipment	-	15% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.

Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

Financial instruments

The company only has basic financial instruments. - Financial assets Financial assets comprise items such as cash at bank and in hand, trade and other debtors. These are initially recorded at cost on the date they originate. The company considers evidence of impairment for all individual elements comprising financial assets and any subsequent impairment is recognised in profit or loss. - Financial liabilities Financial liabilities comprise items such as corporation and other taxes, bank and bank loans, accruals and trade and other creditors. These are initially recorded at cost on the date they originate, net of transaction costs where applicable. The company considers evidence of impairment for all individual elements comprising financial liabilities and any subsequent impairment is recognised in profit or loss.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up. At 31 March 2025 there were 4 trustees.

5. Donations and legacies

Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
£	£	£	£

Donations

	Donations and legacies	23,999	23,999	3,868	3,868

Grants

Other grant income	–	–	2,910	2,910
	-------	-------	------	------
	23,999	23,999	6,778	6,778
	-------	-------	------	------

6. Charitable activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Residents income	1,527,183	1,527,183	1,365,522	1,365,522
	-----------	-----------	-----------	-----------

7. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Bank interest receivable	13,679	13,679	9,294	9,294
	-------	-------	------	------

8. Other income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Other income	–	–	2,520	2,520
	----	----	------	------

9. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Charitable Activities	1,415,802	–	1,415,802
Support costs	17,897	–	17,896
	-----------	----	-----------
	1,433,699	–	1,433,698
	-----------	----	-----------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Charitable Activities	1,393,574	14,792	1,408,366
Support costs	19,271	–	19,271
	-----------	-------	-----------
	1,412,845	14,792	1,427,637
	-----------	-------	-----------

10. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£
Charitable Activities	1,415,802	–	1,415,802	1,408,366
Governance costs	–	17,896	17,896	19,271
	-----------	-------	-----------	-----------
	1,415,802	17,896	1,433,698	1,427,637
	-----------	-------	-----------	-----------

11. Analysis of support costs

	Other Accountancy Costs	Auditors remuneration	Total 2025	Total 2024
	£	£	£	£
Legal and professional fees	13,096	4,800	17,896	19,270
	-------	------	-------	-------

12. Net (expenditure)/income

Net (expenditure)/income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	8,592	7,695
	------	------

13. Auditors remuneration

	2025	2024
	£	£
Fees payable for the audit of the financial statements	5,600	4,800
	------	------

Fees payable to the charity's auditor and its associates for other services:

Other non-audit services	1,833	2,070
	------	------

14. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	904,039	760,126
Social security costs	69,468	42,670
Employer contribution to pension plans	14,422	11,171
Agency staff	56,247	98,916
	-----------	--------
	1,044,176	912,883
	-----------	--------

The average head count of employees during the year was 42 (2024: 39). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	£	£
Number of staff	35	32

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

Remuneration paid in aggregate to the key management personnel amount to £98,728 (2024: £79,173).

15. Trustee remuneration and expenses

No trustee's received any remuneration or expenses during the current year (2024: Nil)

16. Tangible fixed assets

	Freehold property	Equipment	Total
	£	£	£
Cost
At 1 April 2024	343,197	10,180	353,377
Additions	–	5,650	5,650
	--------	-------	--------
At 31 March 2025	343,197	15,830	359,027
	--------	-------	--------
Depreciation
At 1 April 2024	113,256	3,837	117,093
Charge for the year	6,864	1,728	8,592
	--------	-------	--------
At 31 March 2025	120,120	5,565	125,685
	--------	-------	--------
Carrying amount
At 31 March 2025	223,077	10,265	233,342
	--------	-------	--------
At 31 March 2024	229,941	6,343	236,284
	--------	-------	--------

17. Stocks

	2025	2024
	£	£
Raw materials and consumables	2,150	2,150
	------	------

18. Debtors

	2025	2024
	£	£
Trade debtors	45,792	30,536
Prepayments and accrued income	12,696	13,658
	-------	-------
	58,488	44,194
	-------	-------

19. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	21,680	26,346
Social security and other taxes	13,392	11,072
Other creditors	1,106	937
	-------	-------
	36,178	38,355
	-------	-------

20. Pensions and other post retirement benefits

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £14,422 (2024: £11,171).

Contributions totalling £3,074 (2024: £2,590) were payable at the year end and have been included on the balance sheet.

21. Analysis of charitable funds

Unrestricted funds

	At 1 April 2024	Income	Expenditure	At 31 March 2025
	£	£	£	£
General funds	758,006	1,564,861	(1,433,699)	889,168
	--------	-----------	-----------	--------

	At 1 April 2023	Income	Expenditure	At 31 March 2024
	£	£	£	£
General funds	786,737	1,384,114	(1,412,845)	758,006
	--------	-----------	-----------	--------

Restricted funds

	At 1 April 2024	Income	Expenditure	At 31 March 2025
	£	£	£	£
Restricted fund for the development of the garden	9,984	–	–	9,984
	------	----	----	------

	At 1 April 2023	Income	Expenditure	At 31 March 2024
	£	£	£	£
Restricted fund for the development of the garden	24,776	–	(14,792)	9,984
	-------	----	-------	------

22. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Tangible fixed assets	233,342	–	233,342
Current assets	737,589	9,984	747,573
Creditors less than 1 year	(81,762)	–	(81,762)
	--------	------	--------
Net assets	889,169	9,984	899,153
	--------	------	--------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Tangible fixed assets	236,284	–	236,284
Current assets	602,729	9,984	612,713
Creditors less than 1 year	(81,007)	–	(81,007)
	--------	------	--------
Net assets	758,006	9,984	767,990
	--------	------	--------

23. Analysis of changes in net debt

	At 1 Apr 2024	Cash flows	At 31 Mar 2025
	£	£	£
Cash at bank and in hand	566,369	120,566	686,935
	--------	--------	--------

24. Limitation of auditors liability

The charitable company, on 24th October 2025, has entered into a limitation of auditors liability with the auditor limiting the auditor's liability to a maximum of £1,500,000 (including interest).

25. Related parties

Included in the accounts is £60,620 (2024: £106,835) in respect of repairs and maintenance payments made to A. J. Huggins. A. J. Huggins is the partner of D. Huggins who is a trustee of the charity. J. Bates, who is a trustee of the charity, is also a governor of Birmingham City University. During the year, Birmingham City University provided physiotherapy services to the charity amounting to £Nil (2024: £2,520). There were no outstanding balances due to/from either related party at the end of the current or immediately previous period.

26. Controlling party

No one person controls the company.