| Trustees Annual Report |
|---|
| Independent Examiner's Report to Members |
| Statement of Financial Activities (Incorporating |
| the income and Expenditure Account) |
| Balance Sheet |
| Notes to the Financial Statements |
| Total Funds | Total Funds | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Note | f. | g | |||
| Incomin Resources |
|||||
| Incoming resources from |
generating | funds: | |||
| Voluntary Income |
60674 | 114999 | |||
| Investment Income |
284 | 1664 | |||
| Incoming resources from |
charitable | activities | 573213 | 585117 | |
| Other Incoming resources | 103114 | 8165 | |||
| Total Incomin Resources |
737285 | 709944 | |||
| Resources Ex ended | |||||
| Charitable Activities |
6 | (727173) | (697932) | ||
| Governance Costs |
7 | (18174) | (16561) | ||
| Total Resources Ex ended | (745347) | (714492) | |||
| Net Income/Expenditure | for the Year | (8062) | (4548) | ||
| Other Reco nised Gains | and Losses | ||||
| Losses on Revaluation of |
Investment | Assets | 4771 | (13129) | |
| Net Movement in Funds |
(3290) | (17677) | |||
| Reconciliation of Funds |
|||||
| Total Funds Brought Forward | 1335052 | 1352729 | |||
| Total Funds Carried Forward | 1331762 | 1335052 |
| 2021 | 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Note | L' | L' | ||||||||
| Fixed Assets | ||||||||||
| Tangible Assets | 11 | 1168721 | 1174588 | |||||||
| Investments | 12 | 11439 | 6668 | |||||||
| 1180160 | 1181256 | |||||||||
| Current Assets | ||||||||||
| Inventory | 13 | 500 | 500 | |||||||
| Debtors | 14 | 30500 | 20509 | |||||||
| Cash at Bank and | in Hand | 149523 | 159381 | |||||||
| 180524 | 180389 | |||||||||
| Creditors: | ||||||||||
| Bank Overdrafts | 0 | 7662 | ||||||||
| Amounts Falling Due Within |
One Year | 15 | 28923 | 18932 | ||||||
| Net Current | Assets | 151601 | 153796 | |||||||
| Total Assets | Less Current | Liabilities | 1331762 | 1335052 | ||||||
| Net Assets | 1331762 | 1335052 | ||||||||
| Funds | ||||||||||
| Unrestricted | Income Funds | 17 | 1331762 | 1335052 | ||||||
| Total Funds | 1331762 | 1335052 |
| 2.Voluntary | 2.Voluntary | Income | Unrestricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|---|---|
| Funds | 2021 | 2020 | |||||
| g | |||||||
| Donations | 8 | Legacies | 60674 | 60674 | 114999 | ||
| Unveilings | 0 | 0 | 0 | ||||
| Subscriptions | 0 | 0 | 0 | ||||
| 60674 | 60674 | 114999 | |||||
| 3.Investment | Income | Unrestricted | Total Funds | Total Funds | |||
| Funds | 2021 | 2020 | |||||
| g | E | g | |||||
| Income from | UK Listed investments | 0 | 0 | 1173 | |||
| Bank Interest | Receivable | 284 | 284 | 491 | |||
| 284 | 284 | 1664 | |||||
| 4.Income | Resources from Charitable | Activities | Unrestricted | Total Funds | Total Funds | ||
| Funds | 2021 g |
2020f | |||||
| Residents | Fees | 550535 | 550535 | 557758 | |||
| Flat Rents | Receivable | 21568 | 21568 | 26869 | |||
| Electric Meters & Laundry | Receipts | 1110 | 1110 | 490 | |||
| 573213 | 573213 | 585117 |
| 5.Other Incoming | Resources | Resources | Unrestricted | Total Funds | Total Funds | |
|---|---|---|---|---|---|---|
| Funds | 2021 | 2020 | ||||
| g | g | |||||
| Gift Aid Refund | 0 | 0 | 885 | |||
| Miscellaneous | 356 | 356 | 50 | |||
| Grants Received | 102758 | 102758 | 7230 | |||
| 103114 | 103114 | 6165 | ||||
| 6.Costs ofCharitable | Activities | by Fu'nd Type | Unrestricted | Total Funds | Total Funds | |
| Funds g |
2021f | 2020 g |
||||
| Staff Salaries 8 Wages | 439645 | 439645 | 404943 | |||
| Employers NIC |
18892 | 18892 | 15504 | |||
| Pensions | 6164 | 6164 | 5946 | |||
| Agency Labour | 5049 | 5049 | 19586 | |||
| Ground Rent |
10 | 10 | 10 | |||
| Rates | 3244 | 3244 | 1984 | |||
| Water Rates | 5933 | 5933 | 11923 | |||
| Heat, Light 8 Power | 41381 | 41381 | 51461 | |||
| Insurance | 6651 | 6651 | 5752 | |||
| Hire of Equipment | 3067 | 3067 | 745 | |||
| Leasing of Equipment | 1206 | 1206 | 1206 | |||
| Laundry &Cleaning |
23263 | 23263 | 24367 | |||
| Repairs, Renewals | & Maintenance | 83368 | 83368 | 68450 | ||
| Provisions | 46457 | 46457 | 52101 | |||
| Residents Activities |
2511 | 2511 | 1929 | |||
| Depreciation | 18480 | 18480 | 18972 | |||
| Travelling Expenses |
8 | Accommodation | 7155 | 7155 | 216 | |
| Training Courses 8 | Security Checks | 4467 | 4467 | 8599 | ||
| Licences 8 Registration | Fees | 6665 | 6665 | 1280 | ||
| General Expenses | 3564 | 3564 | 2960 | |||
| 727173 | 727173 | 697932 | ||||
| 7.Governance Costs |
Unrestricted | Total Funds | Total Funds | |||
| Funds | 2021 | 2020 | ||||
| g | E | g | ||||
| Accountancy Fees |
6334 | 6334 | 6129 | |||
| Professional Fees |
5069 | 5069 | 5191 | |||
| Telephone | 2927 | 2927 | 2990 | |||
| Printing, Postage 8 |
Stationery | 2704 | 2704 | 1241 | ||
| Bank Charges | 1141 | 1141 | 1009 | |||
| 18174 | 18174 | 16561 |
| 8.Net Outgoing Resources |
8.Net Outgoing Resources |
8.Net Outgoing Resources |
8.Net Outgoing Resources |
for the | for the | for the | for the | Year | Year | 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L | L | ||||||||||||||||
| This is stated after Charges | |||||||||||||||||
| Depreciation | 18480 | 18972 | |||||||||||||||
| 9.Trustees Remuneration |
and | Expenses | |||||||||||||||
| No remuneration, directly |
or | indirectly | out | of charity funds was | paid or payable for the | year to any | |||||||||||
| trustee, or any persons |
known | to be connected | to any ofthem. | ||||||||||||||
| 10.Staff Costs and | Emoluments | 2021. | 2020 | ||||||||||||||
| L' | L | ||||||||||||||||
| Total staff costs were | as follows: | ||||||||||||||||
| Wages 8 Salaries | 439645 | 404943 | |||||||||||||||
| Social Security Costs | 18892 | 15504 | |||||||||||||||
| 458537 | 420447 | ||||||||||||||||
| Particulars ofemployees: |
|||||||||||||||||
| The average number |
of | employees | during | the year, calculated | on the basis | of full-time | equivalents, | ||||||||||
| was as follows: | |||||||||||||||||
| 2021 | 2020 | ||||||||||||||||
| g | L' | ||||||||||||||||
| Number ofAdministrative |
Staff | ||||||||||||||||
| Number of Full Time | Equivalent | Caring Service, | |||||||||||||||
| Kitchen 8 House Staff | 33 | 34 | |||||||||||||||
| 37 | 38 | ||||||||||||||||
| 11.Tangible Fixed Assets |
Freehold | Leasehold | Motor | Fixtures 8 | ~Com | uter | |||||||||||
| ~Pro ertlt | ~Pro ertlt | Vehicles | Fi~incis | ~Eui | ment | Total | |||||||||||
| g | g | g | L | ||||||||||||||
| Cost | |||||||||||||||||
| As at1 May 2020 | 968600 | 99000 | 0 | 231694 | 6425 | 1305719 | |||||||||||
| Additions | 0 | 0 | 6000 | 3086 | 3527 | 12613 | |||||||||||
| As at 30April 2021 | 968600 | 99000 | 6000 | 234780 | 9952 | 1318332 | |||||||||||
| ~tie recietion | |||||||||||||||||
| As at 1 May 2020 | 0 | 125976 | 5155 | 131131 | |||||||||||||
| Charge for the Year | 1200 | 16321 | 959 | 18480 | |||||||||||||
| As at 30April 2021 | 1200 | 142297 | 6114 | 149611 | |||||||||||||
| Net BookValue | |||||||||||||||||
| As at 30April 2021 | 968600 | 99000 | 4800 | 92483 | 3838 | 1168721 | |||||||||||
| As at 30 April 2020 | 968600 | 99000 | 105718 | 1270 | 1174588 |
| 12.Investments | 2021 | ||||
|---|---|---|---|---|---|
| g | |||||
| Movement in Market Value |
|||||
| Market Value as at 1 May 2020 | 6668 | ||||
| Net Gains on revaluations | in the year end 30 April 2021 | 4771 | |||
| Market Value at 30April | 2021 | 11439 | |||
| Market Value at 1 May 2020 | 6668 | ||||
| Historical Cost | 27548 | ||||
| Analysis of Investments | as | at 30 April 2021 between | funds | ||
| Total Funds | Total Funds | ||||
| 2021 | 2020 | ||||
| g | .E | ||||
| Listed Quoted Investments |
|||||
| UK Quoted Shares - 7240 | Marks 8 Spencer Ordinary | Shares | 11439 | 6668 | |
| 13.Inventory | 2021 | 2020 | |||
| g | E | ||||
| Inventory of Food 8 Drink |
500 | 500 | |||
| 14.Debtors | 2021 g |
2020f | |||
| Trade Debtors | 20356 | 11672 | |||
| Other Debtors | 24 | 0 | |||
| Prepayments | 10120 | 8837 | |||
| 30500 | 20509 |
| 15.Creditors: Amounts Falling Due Within |
15.Creditors: Amounts Falling Due Within |
15.Creditors: Amounts Falling Due Within |
One Year | 2021 | 2020 | 2020 | ||
|---|---|---|---|---|---|---|---|---|
| F | g | |||||||
| Trade Creditors | 18466 | 9769 | ||||||
| PAYE &Social | Security Creditors | 5271 | 2886 | |||||
| Other Creditors | 8 Accruals | 5185 | 6277 | |||||
| 28923 | 18932 | |||||||
| 16.Unrestricted Income Funds |
Balance at | ~lnoomin | Gains & | Balance | at | |||
| ~100a | 2020 | Resources | Losses | 3~0A | nil 2021 | |||
| F | ||||||||
| General Funds |
1335052 | (8062) | 4771 | 1331762 | ||||
| 17.Analysis of Net Assets Between Funds | ||||||||
| ~Tan | inle | Net Current | ||||||
| Fixed | Assets | Investments | Assets | Total | ||||
| g | ||||||||
| Unrestricted Income Funds |
1168721 | 11439 | 151601 | 1331762 | ||||
| Total Funds | 1168721 | 11439 | 151601 | 1331762 |
| Year | Ende | d 30A ril 2021 |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||||||
| Revenue: | ||||||||||||
| Donations, Legacies 8 Unveilings |
60674 | 114999 | ||||||||||
| Annual Subscriptions |
0 | 0 | ||||||||||
| Residents Fees | 550535 | 557758 | ||||||||||
| Flat Rents Receivable | 21568 | 26869 | ||||||||||
| Electric Meters 8 Laundry | Receipts | 1110 | 490 | |||||||||
| Gift Aid Income Tax Refund | 0 | 885 | ||||||||||
| Grants Received | 102758 | 7230 | ||||||||||
| Miscellaneous | 356 | 50 | ||||||||||
| 737002 | 708281 | |||||||||||
| Less: | Ex enses for Charitable | Activities: | ||||||||||
| Wages 8 Employers | NIC | 458537 | 420447 | |||||||||
| Pensions | 6164 | 5946 | ||||||||||
| Agency Labour | 5049 | 19586 | ||||||||||
| Ground Rent |
10 | 10 | ||||||||||
| Rates | 3244 | 1984 | ||||||||||
| Water Rates | 5933 | 11923 | ||||||||||
| Heat, Light 8 Power | 41381 | 51461 | ||||||||||
| Insurance | 6651 | 5752 | ||||||||||
| Provisions | 46457 | 52101 | ||||||||||
| Residents Activities |
2511 | 1929 | ||||||||||
| Equipment Hire |
3067 | 745 | ||||||||||
| Equipment Leasing |
1206 | 1206 | ||||||||||
| Laundry 8 Cleaning | 23263 | 24367 | ||||||||||
| Repairs, Renewals | & Maintenance | 82672 | 68276 | |||||||||
| Gardening | 696 | 174 | ||||||||||
| Travelling Expenses |
8 Accommodation | 7155 | 216 | |||||||||
| Licences 8 Registration | Fees | 6665 | 1280 | |||||||||
| Protective Clothing |
783 | 994 | ||||||||||
| Training Courses 8 |
Security Checks | 4467 | 8599 | |||||||||
| Advertising | 1143 | 1284 | ||||||||||
| Depreciation | 18480 | 18972 | ||||||||||
| General Expenses | 1639 | (727173) | 683 | (697932) | ||||||||
| Less: | Governance Costs |
|||||||||||
| Telephone | 2927 | 2990 | ||||||||||
| Computer Software |
8 Maintenance | 378 | 262 | |||||||||
| Printing, Postage 8 |
Stationery | 2326 | 980 | |||||||||
| Professional Fees |
5069 | 5191 | ||||||||||
| Accountancy | 6334 | 6129 | ||||||||||
| Bank Charges | 1141 | (18174) | 1009 | (16561) | ||||||||
| 0 eratin | Loss | (6345) | (6212) | |||||||||
| Dividends | Received | 0 | 1173 | |||||||||
| Investment | Interest Received | 249 | 234 | |||||||||
| Bank | Interest Received | 35 | 284 | 257 | 1664 | |||||||
| ~Wet Coss | (8062) | (4548) | ||||||||||
| Gains | / (Losses) on Revaluation | of Investment | Assets | 4771 | (13129) | |||||||
| Net Movement in Funds |
(3290) | (17677) |