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FOR THEYEARENDED31 July 2022 |
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TRUSTEES' REPORT |
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The trustees present their report and accounts for theyearended31 July 2022 |
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PRINCIPAL ACTIVITIES |
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The principal activity of the charity in theyearunder review was. |
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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 trust is run by a manager who is responsible to the trustees. 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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It is with great sadness that we have to report that Marlene Hughes passed away during the year. She worked tirelessly in her capacity both in the latter years as a trustee and for many years before that as a volunteer. She will be missed by all.
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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 difficulties. Within this framework, our aim is that all our residents should lead happy and fulfilling lives by providing opportunities to develop their skills, maximise their independence and to interact socially within the local community. Currently, the trust runs one home caring for six residents with varying degrees of disability.
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Currently the trust owns two houses, one of which it runs as a care home for up to six residents, the other is to house up to five residents on a supported living basis and will be run on the trust's behalf by a charity with experience in that type of facility.
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As in previous years, the main objective of the year focused upon maintaining the well-being of the residents whilst maximising each resident's capabilities to their fullest potential and the acquisition of additional property to expand the charity.
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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 2022 |
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TRUSTEES' REPORT |
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ACHIEVEMENTS AND PERFORMANCE |
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The work on the second property is now complete and as explained above is now ready for occupation.
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As always the trust continues to provide an environment in which the residents are encouraged to lead rewarding and fulfilling lives, to which end they all take part in numerous activities of their own choosing each week.
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The trust actively seeks opportunities for the residents to participate in activities within the local community. The residents are part of a local drama group putting on regular productions. They also help in commercial enterprises including a local shop and plant nursery.
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In recent years residents have been encouraged to spread their wings and now their activities include a number of sporting activities including going to the gym, playing football in a disabled league, and going swimming.
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FINANCIAL REVIEW |
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During the year under review, the charity had net income of £17,491 (2021 - £6,110). 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 2022 |
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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 2022. |
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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 2022 |
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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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Date: 13 April 2023 |
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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 2022 | |
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| | | | | | | | 2022 | | 2021 |
| | | | Unrestricted funds | | Restricted funds | | Total | | Total |
| | | | £ | | £ | | £ | | £ |
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Income | | | | | | | | | | |
Income from generated funds | | | | | | | | | | |
Donations and legacies | | | | 13,024 | | - | | 13,024 | | 17,329 |
Income from Investments | | | | 31 | | - | | 31 | | 22 |
Income from charitable activities | | | | 337,482 | | - | | 337,482 | | 293,875 |
Total Income and endowments | | | | 350,537 | | - | | 350,537 | | 311,226 |
Expenses | | | | | | | | | | |
Costs of generating funds | | | | | | | | | | |
Expenditure on Charitable activities | | | | 333,055 | | - | | 333,055 | | 305,116 |
Total Expenses | | | | 333,055 | | - | | 333,055 | | 305,116 |
Net gains on investments | | | | | | | | | | |
Net Income | | | | 17,482 | | - | | 17,482 | | 6,110 |
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Gains/(losses) on revaluation of fixed assests | | | | | | | | | | |
Net movement in funds: | | | | | | | | | | |
Net income for the year | | | | 17,482 | | - | | 17,482 | | 6,110 |
Total funds brought forward | | | | 1,302,662 | | - | | 1,302,662 | | 1,296,552 |
Net funds carried forward | | | | 1,320,144 | | - | | 1,320,144 | | 1,302,662 |
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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 2022 |
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| | | | | | 2022 | | | | 2021 |
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FIXED ASSETS | | | | | | | | | | |
Tangible assets | | 6 | | | | 957,283 | | | | 983,986 |
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CURRENT ASSETS | | | | | | | | | | |
Debtors (amounts falling due within one year) | | 7 | | 21,254 | | | | 17,388 | | |
Cash at bank and in hand | | | | 359,077 | | | | 315,556 | | |
| | | | 380,331 | | | | 332,944 | | |
CREDITORS: Amounts falling due within one year | | 8 | | 17,470 | | | | 14,268 | | |
NET CURRENT ASSETS | | | | | | 362,861 | | | | 318,676 |
TOTAL ASSETS LESS CURRENT LIABILITIES | | | | | | 1,320,144 | | | | 1,302,662 |
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CAPITAL AND RESERVES | | | | | | | | | | |
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Unrestricted funds | | 10 | | | | | | | | |
General fund | | | | | | 715,743 | | | | 670,740 |
Designated funds | | | | | | 604,401 | | | | 631,922 |
| | | | | | 1,320,144 | | | | 1,302,662 |
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For the year ending 31 July 2022 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 13 April 2023 and signed on their behalf by | | | | | | | | | | |
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............................. | | | | | | | | | | |
A G Levy | | | | | | | | | | |
Trustee | | | | | | | | | | |
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Expenses |
for the year ended31 July 2022 |
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| | | | 2022 | | 2021 |
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Expenses | | | | | | |
Costs of generating funds | | | | | | |
Charitable Activities | | | | | | |
General Fund | | | | | | |
Food and household expenses | | | | 8,656 | | 12,823 |
Day care costs | | | | 38 | | - |
Staff entertaining and gifts | | | | 1,285 | | 900 |
Rates and water | | | | 10,567 | | 10,461 |
Insurance | | | | 8,411 | | 5,100 |
Heat and light | | | | 3,707 | | 5,253 |
Cleaning | | | | 35 | | 992 |
Repairs and maintenance | | | | 59,556 | | 4,224 |
Staff wages and salaries | | | | 195,548 | | 212,103 |
Staff recruitment and DBS checks | | | | 1,373 | | 2,740 |
Staff training costs | | | | 3,023 | | 2,763 |
Computer and software expenses | | | | 974 | | 1,122 |
Computer and software expenses | | | | 4,243 | | 3,086 |
Accountancy and bookkeeping fees | | | | 2,800 | | 2,827 |
Pension advice fees | | | | 366 | | 366 |
Printing, postage and stationery | | | | 376 | | 366 |
Telephone | | | | 994 | | 1,255 |
Subscriptions | | | | 40 | | 6 |
Registration fees | | | | - | | 816 |
Outings and activities | | | | 3,338 | | 1,480 |
Other interest | | | | - | | 284 |
Sundry expenses | | | | 204 | | 395 |
Depreciation of land and buildings | | | | 20,458 | | 20,458 |
Depreciation of fixtures and fittings | | | | 1,256 | | 1,366 |
Depreciation of equipment | | | | 254 | | 317 |
Depreciation of motor cars | | | | 5,553 | | 7,404 |
Loss on motor cars disposal | | | | - | | 6,209 |
| | | | 333,055 | | 305,116 |
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| | | | 333,055 | | 305,116 |
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