2021-03-31-accounts - Corfe Castle Charity

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			Page
Reference and administrative		details ofthe Charity, its Trustees and advisers
Trustees' report			2-3
Independent auditor's	report		4-6
Statement offinancial	activities
Balance sheet
Notes to the financial	statements		9-18

					Unrestricted	Endowment	Total	Tata
					Funds	Funds	Funds	Funds
							2021	2020
				Note	6	f	6	F
INCOME FROM:
Donations and legacies				2	300		300	300
Investments				3	106,027		106,027	116,925
Charitable activities				4	177,763		177,763	171,943
Other				5				1,875
TOTAL INCOME					284,090		284,090	291,043
EXPENDITURE ON:
Raising funds				6	16,463		16,463	19,634
Charitable activities				7	208,736	1,470	210,206	225,582
TOTAL EXPENDITURE					225,199	1,470	226,669	245,216
NET INCOME / (EXPENDITURE)					58,891	(1,470)	57,421	45,827
NET GAINS/(LOSSES)	ON	INVESTMENTS
Realised Gains and losses		on disposal of
Investments
Unrealised Gains and losses on revaluation			of
Investment properties Investments				13 14	47,374 88,477	12,896 29,565	60,270 118,042	(19,230)
TOTAL GAINS/(LOSSES)		ON INVESTMENTS			135,851	42481	128,312	~39,238
NET MOVEMENT IN FUNDS FOR THE YEAR					194,742	40,991	235,733	26,597
Total funds at 1 April 2020					2,728,377	1,684,513	4,412,890	4,386,293
TOTAL FUNDS AT 31 MARCH 2021				18	62,923,119	61,725,504	64,648,623	64,412,890

		Note		2021f		2020f
FIXEDASSETS
Tangible assets		12		1,553,669		1,590,423
Investment properties		13		2,289,270		2,229,000
Other investments		14		655,901		537,859
				4,498,840		4,357,282
OTHER NON CURRENT ASSETS
Loans to individuals		16		15,235		14,636
CURRENT ASSETS
Stock		15	2,448		2,448
Debtors		16	24,195		20,443
Cash at bank and	in hand		140,542		58,426
			167,185		81,317
LIABILITIES
Creditors: amounts	falling due within one year	17	~32,637		40,345
NET CURRENT ASSETS				134,548		40,971
NET ASSETS				f4,648,623		f4,412,890
THE FUNDS OF THE CHARITY
Endowment funds		18		1,725,504		1,684,513
Unrestricted funds		18		2,923,119		2,728,377
TOTAL CHARITY	FUNDS			f4,648,623		f4,412,890

Freehold	Land	0'/o	not depreciated	not depreciated
Freehold	Buildings	2'/o	straight	line
Fixtures	& Fittings	20'/o	straight	line
Housing	Equipment	10'/o	straight	line


EXPENDI		RE ON	RAISIN	FUNDS				Unrestricted	Funds
								2021	2020
								f	f
Investment		properties'	expenses					9,912	11,833
Letting agents' fees								5,843	6,101
Legal fees									1,653
Staff costs								708
Book printing		and associated		costs (adjusted	for	stock)			47
								f16,463	f19,634
EXPENDITURE ON CHARITABLE ACTIVITIES
2021					Direct costs			Support	Total
				Other direct		Staff	Depreciation	costs
				costs		costs	and disposals	(Note 8)
						f		f	2021 f
Grants and	gifts (Note		11)	24,921				10,608	35,529
Almshouses				50,613		9,903	19,567	10,608	90,691
Affordable	Housing			41 342		3,537	28,501	10606	83,986
				E116876		E13440	f48 068	f31 822	f210206
2020					Direct costs			Support
				Other direct		Staff	Depreciation	costs	Total
				costs		costs	and disposals	(Note 8)
				f				f	2020f
Grants and	gifts (Note		11)	37,534				10,155	47,689
Almshouses				48,640			18,791	10,155	77,587
Affordable	Housing			47 771		14236	28 145	10154	100306
				f133,946		f14,236	f46,936	f30,464	f225,582


SUPPORT COS	TS		Unrestricted	Funds
			2021	2020
GOVERNANCE	COSTS		f
Accountancy fees.
Audit			3,489	3,380
Accounts preparation			2,654	2,577
Payroll	and	auto-enrolment	690	712
Vat Returns		and assistance	1,527	1,489
Trustees' liability	insurance		877	866
Staff costs			5,634	5,360
			14,871	14,384
OTHER SUPPORT COSTS
Staff costs			16,901	16,080
Office expenses			50
Total			E31,822	E30,464

STAFF	COSTS	Total	Total
		2021	2020
		f	8
Wages Pension	and salaries costs	36,208 475	35,231 446
		836,683	f35,677

During the year, one grant off2 the decision to make the grant.	,000was paid to a relativ	e ofa trustee. T	he trustee was not	involved in
GRANTS AND GIFTS			Total	Total
			2021	2020
			8	8
To individuals			20,344	28,759
To institutions			4 577	8775
			E24 921	E37534
Grants to Individuals	Number	Total	Number	Total
	ofgrants	2021 6	ofgrants	2020 6
General grants Educational grants	34 11	5,190 15,154	34 13	7,645 21,114
	45	E28 344	47	E28 759

Grants	to	Institutions	Number	Total	Number	Total
			ofgrants	2021f	ofgrants	2020
				64,577		88,775

12.	TANGIBLE FIXEDASSETS
		Freehold	Furniture
		land and	fittings and	Housing
	COST OR VALUATION	buildingsf	equipment 5	equipment 5	Total 6
	At 1 April 2020	2,109,901	11,428	179,114	2,300,443
	Additions			11,314	11,314
	Disposals
	At 31 March 2021	2 109901	11 428	190428	2 311 757
	DEPRECIATION
	At 1 April 2020	579,072	10,876	120,072	710,020
	Charge for the year	29,918	276	17,874	48,068
	Written back on disposals
	At 31 March 2021	608 990	11 152	137947	758 089
	NET BOOK VALUE
	At 31 March 2021	81 500 911	E276	E52482	E1553669
	At 31 March 2020	E1 530829	E552	E59 042	E1 590423
13.	INVESTMENT PROPERTIES				Freehold
					property
					E
	VALUATION
	At 1 April 2020				2,229,000
	Additions at cost
	Revaluation				60,270
	At 31 March 2021				E2 289270

				Charitable
				Common
				Investment
				Funds
MARKET	VALUE			6
At 1 April	2020			537,859
Additions	at cost
Disposals	at opening	market value
Revaluations				118,042
At 31 March 2021				E655 901
The historic cost offixed asset investments			at 31 March 2021 was E295,481 (2020:6295,481).

	The historic cost offixed asset investments at 31 March 2021 was	E295,481 (2020:6295,481)	.
15.	STOCK
		2021	2020
		E	f
	Stock of books "The Penny Loaves ofCorfe Castle"	E2 448	E2448

16.	DEBTORS AMOUNTS FALLING DUE WITHIN ONE	YEAR			2021f	2020f
	Trade debtors				11,488	8,417
	Loans to individuals Prepayments and accrued income				2,640 10,067 f24,195	3,070 8,956 f20,443
	AMOUNTS FALLING DUE AFTER MORE THAN		ONE YEAR		2021f	2020f
	Loans to individuals				f15,235	f14,636
	The loans have been made on an interest-free serious financial difficulty, and are being repaid (2020:f4,425) is secured on the property owned		basis to individual households that have encountered by monthly instalments. One loan balance of f3,825 by the borrower upon which the Charity holds a second
	charge. The other balances are unsecured.
	Total Loans to individuals				2021 f	2020
	Balance at 1 April 2020 New loans authorised in year Amounts repaid in the period Balance at 31 March 2021			17,706 25,201 2,519 ~2, 350 ~7495 617875 717706
17.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE	YEAR			2021f	2020f
	Rent deposits VAT, Social security and other taxes Other creditors Accruals and deferred income				6,439 3,951 5,277 16,875	4,563 2,497 12,017 12,869
	Accruals for grants payable				95 632637	8,400 840 345
	Deferred income				2021f	2020f
	Balance at 1 April 2020 Amounts released to incoming resources Amounts deferred in the period Balance at 31 March 2021				7,454 (7,454) 11,295 611295	13,491 (13,491) 7,454 67454

Accruals for grants payable		2021 f	2020 f
Grant commitments recognised New grant commitments charged Grants paid during the year Grant commitments recognised	as at 1 April 2020 to the SOFA in year as at 31 March 2021	8,400 24,921 ~33226 695	37,534 ~29,734 68400

			Brought	Income	Expenditure	Gains/	Carried
			Forward 6	5	E	(Losses) 5	Forwardf
ENDOWII/IENT	FUNDS
Endowed Funds			1,684,513		(1,470)	42,461	1,725,504
UNRESTRICTED FUNDS
General Fund			1,705,176	284,090	(206,365)	135,851	1,918,752
Designated Property		Fund	1,023,201		(18,834)	-	1,004,367
			2,728,377	284,090	(225,199)	135,851	2,923,119
TOTAL FUNDS			64,412,890	6284,090	f(226,669)	f178,312	64,648,623

					Unrestricted	Endowment	Total
					Funds	Funds	Funds
2021					2021	2021	2021
					8	F	8
Tangible	fixed assets				1,326,371	227,298	1,553,669
Investment		properties			963,451	1,325,819	2,289,270
Fixed asset investments					483,514	172,387	655,901
Long term		loans		receivable	15,235		15,235
Stock					2,448		2,448
Debtors					24,195		24,195
Cash at	bank		and	in hand	140,542		140,542
Liabilities					(32,637)		(32,637)
					E2,923,119	81,725,504	f4,648,623
					Unrestricted	Endowment	Total
					Funds	Funds	Funds
2020					2020	2020	2020
					F	8	5
Tangible	fixed assets				1,361,655	228,768	1,590,423
Investment		properties			916,077	1,312,923	2,229,000
Fixed asset		investments			395,037	142,822	537,859
Long term loans receivable					14,636		14,636
Stock					2,448		2,448
Debtors					20,443		20,443
Cash at bank			and	in hand	58,426		58,426
Liabilities					(40,345)		(40,345)
					f2,728,377	81,684,513	f4,412,890

					Unrestricted	Endowment	Total	Total
					Funds	Funds	Funds	Funds
				Note			2020f	2019 6
INCOME FROM:
Donations and legacies				2	300		300	300
Investments				3	116,925		116,925	104,791
Charitable activities				4	171,943		171,943	165,876
Other				5	1,875		1,875	1,061
TOTAL INCOME					291,043		291,043	272,028
EXPENDITURE ON:
Raising funds				6	19,634		19,634	20,025
Charitable activities				7	224,112	1,470	225,582	257,288
TOTAL EXPENDITURE					243,746	1,470	245,216	277,313
NET INCOME / (EXPENDITURE)					47,297	(1,470)	45,827	(5,285)
NET GAINS/(LOSSES)	ON INVESTMENTS
Realised Gains and losses		on disposal of
Investments								1,469
Unrealised Gains and losses on revaluation			of
Investment properties				13
Investments				14	(14,584)	(4,646)	(19,230)	37,613
TOT ILOAINSIILOSSESI		ON INVESTMENTS			~14EB4	~444B	~ISESO	39,082
NET MOVEMENT IN FUNDS FOR THE YEAR					32,713	(6,116)	26,597	33,797
Total funds at 1 April 2019					2,695,664	1,690,629	4,386,293	4,352,496
TOTAL FUNDS AT 31 MARCH 2020				18	62,728,377	61,684,513	64,412,890	64,386,293