| Forthe year ended 31December 20 | 21 | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Receipts | F. | E | ||
| Rents received | 156,555 | 152,170 | ||
| Wayleaves | 54 | 53 | ||
| Interest | 34 | 364 | ||
| COIF interest | 3,814 | 3,739 | ||
| Charity interest | 5 | |||
| Atmere Charity | 2,520 | 1,270 | ||
| Solar Farm | 10,010 | 7,680 | ||
| Insurance re London Road | 196 | |||
| UK Power | 493 | 493 | ||
| Feltwell Fuel | 600 | 635 | ||
| Grants | 10,000 | |||
| Total receipts | 174,276 | 176,409 | ||
| Payments | ||||
| General | ||||
| Insurance | 24,600 | |||
| Accountants fee |
726 | 708 | ||
| Almshouse costs |
2,124 | 1,217 | ||
| Gardening and Sedge Fen |
96 | 750 | ||
| London Road | 7,307 | 15,717 | ||
| Agents fee | 12,000 | 12,000 | ||
| Solar Farm | 5,429 | 2,710 | ||
| Electricity re Hall | 7,047 | 5,916 | ||
| EPC —Fairfield Rd and Solar Farm | 542 | |||
| Hire ofhall | 60 | |||
| Sundry expenses | 141 | |||
| Mortgage payments | 16,639 | 17,176 | ||
| 76,570 | 56,335 | |||
| Grants and Donations | ||||
| Student grants | 2,950 | 2,700 | ||
| School leavers | 1,900 | 2,300 | ||
| Fuel grants (Christmas) | 10,985 | 11,085 | ||
| Almshouse tenants |
800 | 800 | ||
| School re Covid | 500 | |||
| Toddler/Play Group |
400 | |||
| Rent grants | 1,056 | |||
| Play area for school | ||||
| Other donations | 500 | |||
| 17,135 | 18,841 | |||
| Capital expenditure | 19,536 | 13,416 | ||
| Total payments | 113,241 | 88,592 | ||
| Net receipts/(payments) | 61,035 | 87,817 | ||
| Cash funds brought forward |
324,317 | 236,500 | ||
| Cash funds at 31December 2021 | 2385,352 | 6324,317 |
| Statement ofAssets and Liabilities- 31December 2021 | Statement ofAssets and Liabilities- 31December 2021 | Statement ofAssets and Liabilities- 31December 2021 | Statement ofAssets and Liabilities- 31December 2021 | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Current assets |
|||||
| Business Premium account |
398,861 | 324,947 | |||
| COIF Charities Deposit Fund | 1,860 | 1,860 | |||
| Rent debtor | 420 | ||||
| Prepaid insurance | 12,630 | ||||
| 413,771 | 326,807 | ||||
| Investment assets |
|||||
| COIF Charities Investment | Fund | 148,118 | 129,646 | ||
| Assets retained for the Charity's | own use | ||||
| Land —62 acres at Cross Bank Farm | 604,996 | 604,996 | |||
| Land, as let —say 760 acres, | at valuation | 4,500,000 | 4,500,000 | ||
| Almshouses —at valuation |
360,000 | 360,000 | |||
| School land and WI Hall —at valuation | 600,000 | 600,000 | |||
| Fairfield Road property —at | cost | 210,025 | 210,025 | ||
| Solar PV system | 202,403 | 202,403 | |||
| Flat 3,26a London Road | 41,801 | 41,801 | |||
| London Road —ground rents | 17,912 | 17,912 | |||
| 6,537,137 | 6,537,137 | ||||
| Total assets | E7,099,026 | K6,993,590 | |||
| Liabilities | |||||
| Bank overdraft | (15,369) | (2,490) | |||
| Mortgage | (252,554) | (262,626) | |||
| Accruals | (12,726) | (12,708) | |||
| Net Assets | K6,818,377 | K6,715,766 |