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2021-09-29-accounts

Contents			Page
Trustee's	Report		1-7
Independent Auditor's		Report	8-10
Statement	ofFinancial	Activities
Balance Sheet			12
Notes to	the Financial	Statements	13-20

Almshouses		address:	272 Consort Road
			London
			SE153SD
Administration		address:	Girdlers' Hall, Basinghall		Avenue,
			London EC2V 5DD
Almshouse	Manager;		Mr Mark Harris
			14Beeston's House
			272 Consort Road
			London SE153SO
Bankers:			National Westminster P0Box712	Bank pic
			94 Moorgate
			London EC2M 6XT
Auditor:			Saffery Champness	LLP
			71 Queen Victoria Street
			London
			EC4V 4BE
Investment		Manager:	Waverton Investment	Management		Ltd
			16Babmaes Street
			London
			SW1Y6AH
Solicitor.			Pemberlon Greenish
			45 Cadogan Gardens
			London
			SW3 2AQ

	Extraordinary			Totai	Total
Notes	Repair Fund	Unrestricted Funds	Permanent Endowment	Funds 2021	Funds 2020
Income and endowments	from:
Donations 8legacies					527
Investments		48,123		48,123	57,790
Chaditable activities		107,895		'f07,895	102,135
Total Income		156,018		156,018	160,452
Expenditure on
Raising Funds Charitable activities	44,448	15,872 1'l4,932		15,872 159,380	10,320 116,943
Total expenditure	44,448	130,804		175,252	127,263
Income before /(losses) / gains on investments	(44,448)	25,214		(19,234)	33,189
Net gains on investments		387,483		387,483	85,371
Transfer	10,000	(10,000)
Net movement in funds	(34,448)	402,697		368,249	118,560
Balances brought forward at 30"September 2020	57,149	2,465,S68	1,238,250	3,761,267	3,642,707
Balances carried forward
at 29'" September 2021	22,701	2,868,565	1,238,250	4,129,516	3,761,267

Balance	s	heet	a	s at 29 Septemb	er 2021
					notes	2021	2020
						E	E
Fixed Assets
Investment					6 (a)	2,808,881	2,435,644
Almshouses					6 (b)	1,138,250	1,138,250
Investment	(agricultural			land)	6(c)	100,000	100,000
						4,047,131	3,673,894
Current assets
Debtors						15,144	20,415
Cash at bank						129,837	96,640
						144,981	117,055
Creditors:	amounts		failing due within one			(62,596)	(29,682)
year
Net current		assets				82,385	87,373
Net assets						4,129,516	3,761,267
Funds
Permanent	endowment					1,238,250	1,238,250
Extraordinary Unrestricted		repair fund —general fund				22,701 2,868,565 4,129,516	57,149 2,465,868 3,761,267

		2021	2020
			8
Rent from Romney investment income Investment income Bank interest	Marsh —Equities —Fixed interest	3,300 44,811 12	3,300 49,921 4,345 224,
Total incoming resources		48,123	57,790

		Extraordinary	Unrestricted	2021	2020
		Repair Fund
Entertainment			231	231	670
Cleaning Light and Heat Garden and tree maintenaiice			3,493 2,336 4,758	3,493 2,336 4,758	5,261 3,037 2,565
Insurance			2,683	2,683	4,744
Repairs and maintenance Telephone Manager's salary costs Apportioned salary costs Water rates		44,448	14,734 775 41,032 34,814 477	59,182 775 41,082 34,814 477	16,533 1,046 40,769 34,033 165
Sundries			349	349	1,203
Aid cail			438	438	1,034
Council tax on vacant units					'I60
Hampeis/cakes and donations Governance costs			2,487 6,325	2,487 6,325	1,703 4, DDD
		44,448	114,932	159,380	116,943

Staff costs
		2021	2020
			6
Wages and salaries Employer's NIC Pension cost		58,230 7,333 10,283	58,167 6,784 9,851
		75,846	74,8D2

			Tataf	Total
		Unrestricted	Funds	Funds
		Funds	2D21	2020f
Listed investments Cash awaiting re-investment		2,782,092 26,789	2,782,092 26,789	2,302,394 133,250
		2,808,881	2,808,881	2,435,644
Market value of listed investments
30 September Additions Disposals Unrealised gain	2020	2,302,394 637,161 (632,706) 375,243	2,302,394 637,161 (532,706) 375,243	2,253,999 1,843,175 (2,213,247) 347,652
Market Value
29 September 2021		2,782,092	2,782,D92	2,302,394

Debtors		2021	2020
		6	6
Other debtors and prepayments Funds due from investment manager Rent due		5,154 9,990	6,360 12,405 1,650
		15,144	20,415
Creditors:	Amounts falling due within one year	2021	2020
Audit and accountancy Investment manager's fees Amounts due tothe Girdlers' Company Other creditors		4,500 3,700 612 53,784	4,0DO 2,875 18,967 3,824
		62,596	29,666

r ended 29"Se	ptember 202't
Fund	Balance	income	Expenditure	Transfers	Gains and Losses	Balances cfwd
	5			F
ERF Unrestricted Perm endow't Total	57,149 2,465,868 1,238,250 3,761,267	156,018 156,018	(44,448) (130,804) 175,252	10,000 (10,0DO)	387,483 387,483	22,7D1 2,868,565 1,238,250 4,129,516
r ended 29" September 2D20
Fund	Balance B&d	income	Expenditure	Transfers	Gains and Losses	Balances cfwd
	8			6	8	6
ERF Unrestricted Perm endow't Total	60,025 2,344,432 1,238,250 3,642,707	769 159,683 160,452	(127,263) 127,263		(3,645) 89,016 85,371	57,149 2,465,868 1,238,250 3,761,267

		Extraordinary
	Permanent	Repair	General
	Endowment	Fund	Fund	Total
	5
Fixed asset investments Net current assets	1,238,250	22,701	2,786,180 82,385	4,047,131 82,385
	1,238,250	22,701	2,868,565	4,129,516
As at 29'" September 2020
		Extraordinary
	Permanent	Repair	General
	Endowment 5	Fund	Fundf	Total 5
Fixed asset investments Net current assets	1,238,250	57,149	2,378,495 87,373	3,673,894 87,373
	1,238,250	57,149	2,465,868	3,761,267

Notes	Extraordinary Repair Fund	ulnrestrlcte d Funds	Permanent Endowment	Total Funds 2020	Total Funds 2019
Income and endowments	from:
Donations 8 legacies		527		527
Investments	769	57,021		57,790	76,295
Charitable activities		102,135		102,135	95,781
Total Income	769	159,683		160,452	172,076
Expenditure on Raising Funds Charitable activities 4		10,320 'I16,943		10,320 116,943	8,959 159,819
		127,263		127,263	168,778
Total expenditure
Income before gains/(! osses)	769	32,420		33,189	3,298
on investments
Net gains on investments	(3,645)	89,0'l6		85,371	73,559
Net movement in funds	(2,876)	121,436		118,560	76,857
Balances brought forward
at 30'"September 2019	60,025	2,344,432	1,238,250	3,642,707	3,565,850
Balances carried forward at 29'" September 2020	57,149	2,465,868	1,238,250	3,761,267	3,642,707