| Page | |
|---|---|
| ReferenceandAdministrativeDetails of the Charity, its Trustees and Advi*oirs | 1 |
| Trustees'Report | 2-4 |
| Independent Examiner's Report | 5-6 |
| Statement of FinancialActivities | 7 |
| Balance Sheet | 8-9 |
| I{otee to the FinancialStatqnenb | 10-18 |
| Unrestricted | Unrestricted | Total | Total | |
|---|---|---|---|---|
| funds | funds | funds | ||
| Note | 202t f |
2421f | 2020f | |
| lncomefrom: | ||||
| Donationsand legacies | 2 | 2,770 | 2,770 | 1,138 |
| lnvestments | 3 | 44,805 | 44,805 | 55,741 |
| Maintenance contributions(almshouses) | 152,517 | 162,877 | 135,031 | |
| Totalincome | 200,092 | 200,092 | 191,910 | |
| Expenditure on: | ||||
| Raisingfunds: | ||||
| Investment rnanagement | 8,525 | 8,525 | 4,A42 | |
| Charitable activities: | ||||
| Cost ofrunning almshousesandothar expenditure | {94,759 | 194,759 | 137,245 | |
| Refurbishmentofflats | 33,138 | |||
| Governance costs | 7?,666 | 77,666 | 45,336 | |
| Totalexpenditure | 280,950 | 280,950 | 219,761 | |
| Net expenditu rebefore investment gains( lossas) Net(losses/gainsoninvestments |
10 | (80,858) 338,29{ |
(80,358)(27,851\ 338,291(211,921) |
|
| Netincome/(expenditure) beforeotherrecognlsedgains and losses |
257,439 | 257,433 | (239,772) | |
| Net moYementinfunds | 2S7,4it3 | 257,4t3 | (239,772) | |
| Reconciliationof funde: | ||||
| Total fundsbroughtforward | 2,039,{09 | t,039,1092,278,881 | ||
| Totalfundscarriedfonrard | 2,296,542 | 2,296,5422,039,109 |
| 2021 | 2024 | ||||
|---|---|---|---|---|---|
| Note | g | E | |||
| Fixed assats | |||||
| Tangible assets | I | 5{5,05{ | 515,051 | ||
| lnvestments | 10 | 1,766,419 | 1,492,464 | ||
| 2,281,470 | 2,007,515 | ||||
| Current assets | |||||
| Debtors | 11 | 2,140 | ?,2U | ||
| Cash atbank and inhand | 67,624 | 46,407 | |||
| 69,7ff | 48,U1 | ||||
| CreditorE:amounts fallingduewithin one | |||||
| year | 12 | (54,692) | $7,A47) | ||
| Netcurrentassets | 15,A72 | 31,594 | |||
| Netasset$ | 2,296,*2 | 2,039,109 | |||
| Charity Funds | |||||
| Unrestrictedfunds: | |||||
| Unrestricted funds | 13 | {,972,090 | 1,9M,299 | ||
| Revaluation resewe | 423,852 | 84,810 | |||
| Totalunrestrictedfunds | 2,296,#2 | 2,039,109 | |||
| Totalfunds | 2,298,ilz | 2,039,109 |
| lncomefrom donationsand legacies | |||
|---|---|---|---|
| Unrestricted | Total | Tatal | |
| funds | funds | funds | |
| 2{21I | 2A7t e |
2020 E |
|
| Legacies | 1,113 | ||
| Donations | 2,77A | 2,77O | 25 |
| Total donations andlegacies | 2,77O | 2,77A | 1,138 |
| Total2O20 | 1,138 | 1,138 |
| incomefrom invmtments | |||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2021 | 2420 | ||
| g | e | ||
| DividendsonUKequities lntereston foreignfixed interest securities lntereston UK unittrusts lnterestoncash deposit Dividende onforeigneguities |
12,755 925 22,665 9,490 |
15,520 1,422 30,938 13 8,248 |
|
| 44,905 | 55,741 | ||
| 1-k! | =!+t-..f-.. | ||
| Total 2020 | 55,741 |
| Costofrunning Almshouseeandotherexpefldituro | ||
|---|---|---|
| Unrestricted | ||
| funds | Total | |
| 2021 e |
202At | |
| Uiilities and insurance Legalandprofessionat Repairs,renewalsandimprovements Redecorationofflats Electricalrepairsand certitication Cleaning Wardens Recruitment fees Sundry expense$ Amountnotrecoverable from licensee Wagesandsalaries National insuranc€ |
{t,779 - 23,581 9,869 - 1,339 6,023 9,309 2,46{ 4,107 85,969 4,46:l |
50,325 821 28,927 9,925 9,340 g8g 2,617 1,2CI7 6,711 27,500 gs4 |
| Governance coets | ||
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2021f | 2020 e |
|
| lndependent examiners fees | 4,080 | 3,960 |
| Printing,postage, telephone,stationery andpublications | 3,557 | 4,028 |
| Legalandprofessionalfees Sundryexpenses |
37,242 n7 |
16,244 781 |
| Wagesandsaleries | 31,000 | 19,231 |
| National insurance | {,600 | 631 |
| Pensioncosts | 461 | |
| 77,666 | 45,336 |
| StaffcosE Staff costswereasfollows: |
||
|---|---|---|
| 2421 € |
2020t | |
| Wages and salaries | {16,968 | 46,731 |
| Social securitycosts | 6,063 | 1,615 |
| Pensioncosts | 461 | |
| _*i1,i" | 48,807 |
| Theaverage numberofpercons employedbythec | ompanyduring the yearwasas follows: | |
|---|---|---|
| 2021 | 2A2A | |
| No. | No. | |
| Administrativestaff | I | 1 |
| Tangiblefixedassets | |
|---|---|
| Freehold | |
| proportyf | |
| Cost or valuation | |
| At 6April2020and5April2021 | 5{5,05{ |
| Depreciation | |
| At 6April 2020and5April2021 | |
| Netbook value | |
| At5April2021 | 515,051 |
| At5April 2020 | 515,051 |
| Fixed asset investments | |
|---|---|
| Lieted | |
| securitiesf | |
| Market value | |
| At6April 2020 | 1Av2A64 |
| Additionsatcost | l5g,g34 |
| Disposalproceeds | 1224,fiA1 |
| Revaluations andrealisedgainsand losses | 338,29' |
| At5April2021 | 1,766,419 |
| 2021 C,I |
2A20 |
|---|---|
| 1,786119 | 1,492,464 |
| Debtore | ||
|---|---|---|
| 202,,1 | 2024 | |
| € | e | |
| Otherdebtors | 289 | |
| Prepayments and accrued income | 1,85{ | z,zsq |
| 2,140 | 2,2U | |
| Creditors: Amountsfallingduewithinoneyear | ||
| 2021f | 2A20 e |
|
| CIher taxationandsocial security Othercreditors |
22,790 12,il$ |
|
| Accrualsanddefened income | 19,267 | '17,047 |
| 54,692 | 17,047 |
| Statement offunds-eurrent | year | |||
|---|---|---|---|---|
| Balanceat | Gains/Balance at | |||
| 6April2020f | lncome ff |
Expenditure | {Losses)5April2021 | |
| Unrestrictedfunds | ||||
| GeneralFunds | 2,039,109 | 200,092 | (280,950) | 338,2912n296,il2 |
| Statement offunds-prior | year | ||
|---|---|---|---|
| Balanceat | GainstBalance at5 | ||
| 6April2019f lncome E |
Expenditurct | (Losses)April2020 EE |
|
| GeneralFunds | 2,278,881191,910 | (219,761) | (211,921)2,039,109 |
| Totaloffunds | 2,278,881191,910(219,761) | (211,921)2,039,109 |
| Analysis ofnetassetsbetweenfunds-currentYear | |
|---|---|
| Unrestricted | |
| funds | |
| 2A21t | |
| Tangible fixed assets Fixed asset investments |
5{5,05{ .1,766,419 |
| Cunentassetrs | 69,764 |
| Creditorsduewithinoneyear | (s4,692) |
| 2,298,U2 | |
| Analysisofnet f,ssetubetweenfunds-prioryear | |
| Unrestricted | |
| funds | |
| 2020 | |
| e | |
| Tangible fixed assets | 515,051 |
| Fixed asset investments | 1,492,484 |
| Current assets | 48,640 |
| Creditors duewithinoneyear | (17,046) |
| 2,039,109 |