## ## ## ||||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|I| |---|---|---|---|---|---|---|---|---|---| ||||||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.|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|