OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

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Note I
FIXEDASSETS
Investment
Properties
8 1,727,000 2,052,000
Investments 9 1 081991 675 110
2,808,991 2,727,110
CURRENT ASSETS
Debtors 10 57,217 71,732
Investments 393,664
Cash at Bank and in Hand 11 81457 26 354
532,338 98,086
CREDITORS
Amount
Falling Due Within
One Year
12 ~78270 ~95261
NET CURRENT ASSETS 454,068 2,825
NET ASSETS E3 263 D59 E2 729 935
Represented
by:
UNRESTRICTED FUNDS
-General Funds 14 103,407 29,920
- Designated
Funds
14 398402 62 645
501,809 92,565
PERMANENT
ENDOWMENT
2,761,250 2,637,370
TOTAL FUNDS E3 263 D59 E2 729 935

FORTHE YEAR ENDE FORTHE YEAR ENDE FORTHE YEAR ENDE FORTHE YEAR ENDE FORTHE YEAR ENDE D
INCOME FROM CHARITABLE ACTIVITIES
2020
I
2019
Resident Maintenance
Voids
Contributions 65,656 45,963
~108
65 656 45 855
EXPENDITURE ON
2020
Unrestricted Permanent 2019
RAISING FUNDS Funds Endowment
I
Total
E
Total
f
Legal and Professional Fees 16,692 16,692 11,722
Property
Refurbishment
Security 2,700 2,700 5,200
Insurance 27610 2,610 3,921
Utilities (Light, Heat and Sundries) 7,028 7,028 7,440
Investment
Managers
Fees 270 5991 6 261 5 764
29 30D 5991 35 291 34 047
CHARITABLE ACTIVITIES
Almshouse
Expenditure
2020
I
2019
I
Careline 2,603 1,562
Repairs and Maintenance 7,244 10,258
Cyclical Repairs 9,936 34,399
Property
Refurbishment
103,044
Management
Fee
13,125 12,894
Light and Heat 7,848 5,633
Water Rates and Council Tax 1,006 2,370
Insurance 1,320 1,427
Cleaning
and Sundries
2,621 4,106
Welfare 1D25 1 973
46 728 177666
Grants
Annuity 100 100
Grants to Individuals 14,907 8,721
Grants Payable to Almshouse Residents 1,755
Grants to Organisations (Note 5) 92 747 39 DDD
109509 47 821
Support Costs
Clerks Salary and Social Security 12,925 14,639
Grants Officer 1,872 939
Legal and Professional 3,528 834
Office Expenses 3,740 2,818
Almshouse
Association
Membership Fee 179 170
Sundries 664
Independent
Examination
3,720 3,600
Bank Charges 658 831
Trustee Meeting Costs
27 286 23 831
183523 249 318

2020 2019
I I
C4WS 24,000 7,000
Covent Garden Dragon Hall Trust 14,000 14,000
Covent Garden Dragon Hall Trust (LCRF) 9,670
London 3esus Centre 3,000 3,000
Notre Dame Refugee Centre 2,000
Single Homeless Project (two grants) 3,500
St Mungo's 3,000
Street Storage 6,000 5,000
West End Community Trust (LCRF) 5,577
Whitefield
Charity SKCorporation
(Soup Kitchen) 24 000 0000
92,747 39,000

served during
th
e year, w ere as follows:
2020
I
2019
I
Emoluments 15,952 14,639
Total expenses reimbursed to the Directors 158 145
EMPLOYEE INFORMATION
There were no employees who received employee benefits exceeding E60,000(2019: None).
The average weekly number of persons (including the Clerk to the Trustees) employed during the year
was:
No. No.
Offic Staff
Staff Costs
Wages and Salaries 15,568 14,340
Social Security Costs
Pension Contributions 384 349
15,952 14,639

FIXEDASSETS—INVES TMENT PROP ERTIES
2020 2019
At 1stJanuary 2020 2,052,000 2,052,000
Revaluation
Disposal ~325 000
At 31st December 2020 1 727 000 2 D52 QDQ
The above is represented by the following property: I
24/25 Macklin Street, London WC2 1,727,000

FIXEDASSETSINVESTMENTS
2020
QUOTED INVESTMENTS Unrestricted
FundsI
Permanent
Endowment
I
TotalI 2010
Total
Market Value at 1"January 2020 144,556 521,647 666,203 652,050
Additions 23,686 85,474 109,160 65,072
Transfers (104,000) 479,000 375,000
Disposal Proceeds (22,975) (82,908) (105,883) (144,699)
Unrealised/Realised
Gains
1323 4775 6098 93780
Market Value at 31"December 2020 42,590 1,007,988 1,050,578 666,203
Broker Cash Balances 5 151 26 262 31413 8907
1,034,250 1,081,991 675,110
DEBTORS
2020 2019
E 6
Residents Income Receivable
Rental Income Receivable 41,440 50,203
Investment
Income Receivable
1,471
Trade Debtors 15,777 18,433
Prepayments 1625
57217 71732

11. CASH AT BANK AND IN HAND
2020f 2019
f
Current Account 81,457 26,354
Deposit Account 393664
475 121 26 354
12. CREDITORS:
Amounts
falling due
within 1Year
2020 2019
E f
Connected
Charity (Note 13)
4,443 10,494
Trade Creditors 10,247 13,890
Accruals and deferred income 63,580 20,003
Almshouse
Loan
50 874
78 270 95261