|INTRODUCTION|INTRODUCTION|||||Page| |---|---|---|---|---|---|---| |o|Message from the chair|||||3| |o|Message from the director|||||5| |o|Organisational
details|||||6| |TRUSTEES' ANNUAL
REPORT (INCLUDING THE STRATEGIC REPORT)||||||| |o|About the charity|||||| ||Our charitable
objectives|||||| ||Our vision, mission, and|values||||| ||What we do|||||| |o|Our impact|||||| ||What we delivered
and|achieved|||during the year|| ||Our plans for the future|||||18| |o|Financial
review ofthe year|||||| ||Summary|||||22| ||Results from charitable|activities||||22| ||Results from investment|activities||||23| ||Financial
position|||||24| |o|Structure, governance
and management|||||| ||Formation,
legal structure||and objectives|||25| ||Governing
body and governance|||||25| ||Statement of public benefit|||||27| ||Risk management
and principal|||risks||28| ||Statement oftrustees'
responsibilities|||||31| ||Statement ofdisclosure|to|auditors|||31| |INDEPENDENT AUDITOR'S REPORT||||||32| |FINANCIAL STATEMENTS||||||| |o|Statement offinancial
activities|||||36| |o|Statement offinancial
position|||||37| |o|Statement ofcash flows|||||38| |o|Notes to the financial
statements|||||39| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |~|impact ofCovid-19-pressure|impact ofCovid-19-pressure|impact ofCovid-19-pressure|impact ofCovid-19-pressure|impact ofCovid-19-pressure|impact ofCovid-19-pressure||on|introduction
ofemployee retention|initiatives-|initiatives-|initiatives-|initiatives-| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||staff||||||||employee
ofthe month,
improved||||| |~|recruitment||marketplace.||||||communications
(newsletter)
Dec 2021||||| ||||||||||introduction
of "time and a half' for||||| ||||||||||Christmas
and New Year bank Holidays||||in the| ||||||||||care homes.||||| ||||||||||one off "thank you" payment||||| ||||||||||development
ofcore infrastructure,||including||| ||||||||||Head of Operations
Role||||| |Disaster recovery|||and|planning|||(inc||developed
ITrecovery
plan working||with||| |IT)|||||||||ITPS.||||| |~|computer
system|||failure||or loss|||data backup procedures
and security||||| ||of data||||||||measures
in place and updated 2019||||| |~|computer attack-Cyber|||||Crime|||annual
review ofinsurance
cover||||| |~|destruction||ofproperty,||||||business continuity/disaster
recovery||plan in||| ||equipment,|records|||through||fire,||place (to be reviewed)||||| ||flood or similar damage||||||||updated
risk assessments,
policies and||||| |~|pandemic-impact|||of|Covid-19|||or|procedures
in place||||| ||similar-Reputational||||damage,||||infection control measures
in place||||| ||financial
impact ofdecrease||||||in||liaison with stakeholders||||| ||demand
for services,
make services more||||guidelines
difficult to||||regular
review of measures
in place in
response to the changing environment|||and|| ||deliver||||||||Government
laws and guidelines.||||| |~|position of Insurance||||companies||||insurance
Wellbeing
assessment/visit||||| ||re: Covid-19||||||||completed-no
major issues.||||| ||||||||||updated
operational
plan in place||||| |Health,|safety and||environment||||||legal requirements
met (The Charity||||| ||||||||||Commission,
Companies
House, CQC,|||Local|| |~|staff injury||||||||Authority,
Pension's
regulator etc.)||||| |~|product or|service
liability|||||||programme
ofstaff training and developed||||| |~|ability to operate|||(see|||||induction||||| ||Compliance||risks)||||||external
Health and Safety Support||||| |~|injury to beneficiaries||||and the||||commissioned||||| ||public||||||||Governance,
Audit & Improvement||process||| ||||||||||in place (Care Homes)||||| ||||||||||health and Safety Management
Group||in place||| ||||||||||reports to Board ofTrustees.||||| ||||||||||Croner
H and Sservice purchase,
including||||| ||||||||||specific support for Care Homes.||||| ||||||||||Covid-19 safe-risk assessments
in place||||| ||||||||||employee
assistance
Programme
in place||||| ||||||||||Chaplain appointed
Spring 2021 (Support||||for| ||||||||||Staff Welfbeing)-Start
date fuly 2021||||| |Compliance
with|||legislation|||and|||identified
key legal and||||| |regulations
around|||social||care and||||regulatory
requirements.||||| |housing|||||||||allocated
responsibility
for key compliance||||| ||||||||||procedures||||| |~|fines, penalties or|||censure from|||||put
in place compliance
monitoring|and|||| ||licensing or|activity regulators|||||||reporting
including
development
of||||| |~|loss of licence to|||undertake|||||governance,
audit and improvement||policy||| ||activity (see|operational||||risks)|||and procedure||||| ||||||||||29||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Endowment||| |||||funds|funds|funds|Total funds|Total funds| ||||Note|IE||6|6|E| |Income and endowments||||||||| |Donations
and legacies|||5|19,053|||19,053|115,271| |Charitable
activities|||6|4,120,354|36,356||4,156,710|4,068,872| |Investment
income|||7|612,444||241,287|853,731|838,188| |Total income||||4,751,851|36,356|241,287|5,029,494|5,022,331| |Expenditure||||||||| |Expenditure
on raising funds:||||||||| |Investment
management|costs||8|(231,099)||(157,133)|(388,232)|(446,170)| |Expenditure
on charitable|activities||9,10|(5,302,264)|(46,482)|(12,000)|(5,360,746)|(4,929,336)| |Total expenditure||||(5,533,363)|(46,482)|(169,133)|(5,748,978)|(5,375,506)| |Total income less total||||||||| |expenditure||||(781,512)|(10,126)|72,154|(719,484)|(353,175)| |Net unrealised
gains/(losses)||on||||||| |investments|||I I|207,845|14,652|2,719,802|2,942,299|1,057,598| |Realised gains/(losses)
on|disposal of|||||||| |fixed assets||||122||437,738|437,860|14,042| |Net income/(expenditure)||||(573,545)|4,526|3,229,694|2,660,675|718,465| |Transfers
between
funds|||23|498,778||(498,778)||| |Other recognised gains|and losses|||||||| |(Increase)decrease
in pension||fund deficit|21|51,000|||51,000|(110,000)| |Net movement
in funds||||(23,767)|4,526|2,730,916|2,711,675|608,465| |Reconciliation
of funds||||||||| |Total funds brought forward||||3,079,197|1,058,401|40,405,225|44,542,823|43,934,358| |Total funds carried forward|||23|3,055,430|1,062,927|43,136,141|47,254,498|44,542,823| ## ## ## |||||2021|2020| |---|---|---|---|---|---| |||||E|| |Fixed assets|||||| |Tangible fixed assets|||15|8,674,484|8,898,200| |Investments|||16|35,835,625|32,814,363| |||||44,510,109|41,712,563| |Current
assets|||||| |Debtors|||18|324,909|407,558| |Cash at bank and in hand||||3,230,120|3,114,696| |||||3,555,029|3,522,254| |Creditors: amounts|falling due within one year||19|(565,634)|(394,892)| |Net current assets||||2,989,395|3, 127,362| |Total assets less current||liabilities||47,499,504|44,839,925| |Creditors: amounts|falling due after more than one year||20|(92,006)|(93,102)| |Provisions
for liabilities|||21,22|(153,000)|(204,000)| |Net assets||||47,254,498|44,542,823| |Funds ofthe charity|||||| |Endowment
funds||||43,136,141|40,405,225| |Restricted
funds||||1,062,927|1,058,401| |Unrestricted
funds||||3,055,430|3,079,197| |Total charity
funds|||23|47,254,498|44,542,823| ## ## ## |||||2021|2020| |---|---|---|---|---|---| |||||6|| |Cash flows from operating|activities||||| |Net income/(expenditure)||||2,660,675|718,465| |Adjustments
for:|||||| |Depreciation oftangible fixed|assets|||231,445|239,067| |Net valuation
(gains)/I osses on investments||||(2,942,299)|(1,057,598)| |Net (gains)/losses
on disposal|oftangible|fixed assets||(437,860)|(14,042)| |Dividends,
interest and rents|from investments|||(853,731)|(838,188)| |Interest payable
and similar changes||||10,440|10,541| |Increase/(decrease)
in accrued|liabilities|||110,464|(39,495)| |Changes
in:|||||| |Trade and other debtors —(increase)/decrease||||82,649|80,725| |Trade and other creditors —increase/(decrease)||||60,165|(8 1,464)| |Cash generated
from/(used
in) operating||activities||(1,078,052)|(981,989)| |Interest
paid||||(10,440)|(10,541)| |Net cash generated
from/(used|in) operating||activities|(1,088,492)|(992,530)| |Cash flows from investing|activities||||| |Dividends,
interest and rents from investments||||853,731|838,188| |Purchase oftangible assets||||(22,536)|| |Proceeds from sale oftangible|assets|||452,667|45,645| |Purchases ofother investments||||(236,096)|(116,320)| |Proceeds from sale ofother investments||||157,133|| |Net cash from investing
activities||||1,204,889|767,513| |Cash flows from financing|activities||||| |Loan repayments||||(983)|(883)| |Net cash used
in financing
activities||||(983)|(883)| |Net increase/(decrease)
in cash and||cash equivalents||115,424|(225,900)| |Cash and cash equivalents|at beginning||ofyear|3,114,696|3,340,596| |Cash and cash equivalents|at end of|year||3,230,120|3,114,696| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations||and|legacies|||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Total Funds|Unrestricted|Total Funds| ||||||Funds|2021|Funds|2020| ||||||E||E|| |Donations||||||||| |Donations|and legacies||||8,6(5|8,615|100,055|100,055| |Sponsorship||and other||||||| |Sponsorship||and|other income||10,438|10,438|15,216|15,216| ||||||19,053|19,053|115271|| |Income from charitable||||activities||||| |||||||Unrestricted|Restricted|Total Funds| |||||||Funds|Funds|2021| |||||||E|E|E| |Residential||care||||2,750,111||2,750,111| |Community||services||||830,832||830,832| |Supported|almshouses|||||532,275|36,356|568,631| |Other
charitable|||activities|||7,136||7,136| |||||||4,120,354|36,356|4,156,710| |||||||Unrestricted|Restricted|Total Funds| |||||||Funds|Funds|2020| |||||||E||E| |Residential||care||||2,663,237||2,663,237| |Community||services||||845,808||845,808| |Supported|almshouses|||||517,023|35,635|552,658| |Other charitable|||activities|||7,169||7,169| |||||||4,033,237|35,635|4,068,872| ## ## ## ## ## |||||Unrestricted|Endowment|Total Funds| |---|---|---|---|---|---|---| |||||Funds|Funds|2021| |||||E|E|| |Income|from|investment|properties|596,550||596,550| |Interest|and|dividends||15,894|241,287|257,181| |||||612,444|241,287|853,731| |||||Unrestricted|Endowment|Total funds| |||||Funds|Funds|2020| |||||E|E|| |Income|from|investment|properties|574,245||574,245| |Interest|and|dividends||26,415|237,528|263,943| |||||600,660|237,528|838,188| ## ||||||Unrestricted|Endowment|Total Funds| |---|---|---|---|---|---|---|---| ||||||Funds|Funds|2021| ||||||E|E|| |Portfolio|management|||||157,133|157,133| |Property|repairs|and|maintenance|charges|152,125||152,125| |Supportcosts|||||78,974||78,974| ||||||231,099|157,133|388,232| ||||||Unrestricted|Endowment|Total Funds| ||||||Funds|Funds|2020| ||||||E||| |Portfolio|management|||||141,241|141,241| |Property|repairs|and|maintenance|charges|232,771||232,771| |Support|costs||||72,158||72, 158| ||||||304,929|141,241|446,170| ## ## ## ||||Unrestricted|Restricted|Endowment|Total Funds| |---|---|---|---|---|---|---| ||||Funds|Funds|Funds|2021| ||||||E|E| |Residential|care||2,947,803|||2,947,803| |Community|services||748,871|||748,871| |Supported|almshouses||489,285|40,236||529,521| |Grants|||84,620||12,000|96,620| |Fundraising|fund|costs|13,529|||13,529| |Support costs|||i,o ie,42e|6,246||1,022,672| |Other
charitable||activities|1,730|||1,730| ||||5,302,264|46,482|12,000|5,360,746| ||||Unrestricted|Restricted|Endowment|Total Funds| ||||Funds|Funds|Funds|2020| ||||E|E||E| |Residential|care||2,547,650|||2,547,650| |Community|services||955,033|||955,033| |Supported|almshouses||354,743|34,839||389,582| |Grants|||50,000||3,000|53,000| |Fundraising|fund|costs|12,008|||12,008| |Supportcosts|||958,099|11,895||969,994| |Other charitable||activities|2,069|||2,069| ||||4,879,602|46,734|3,000|4,929,336| ## ## |||||Activities|||| |---|---|---|---|---|---|---|---| |||||undertaken|Support|Total funds|Total fund| |||||directly|costs|2021|2020| |||||E|E|E|E| |Residential||care||2,947,803|488,697|3,436,500|2,995,084| |Community||services||748,871|329,003|1,077,874|1,276,043| |Supported||almshouses||529,521|176,030|705,551|570,274| |Grants||||96,620|28,942|125,562|73,858| |Fundraising||fund|costs|13,529||13,529|12,008| |Other|charitable||costs|1,730||1,730|2,069| |||||4,338,074|1,022,672|5,360,746|4,929,336| ## ## ## |||||||Unrestricted|Restricted|Endowment|Total Funds| |---|---|---|---|---|---|---|---|---|---| |||||||Funds|Funds|Funds|2021| |||||||E|E||E| ||Unrealised||gains/(losses)||on listed||||| ||investments|||||207,845|14,652|2,719,802|2,942,299| |||||||Unrestricted|Restricted|Endowment|Total Funds| |||||||Funds|Funds|Funds|2020| ||||||||||E| ||Unrealised||gains/(losses)||on listed||||| ||investments|||||(26,526)|(7,016)|1,091,140|1,057,598| |12.|Net income||||||||| ||Net income||is|stated after charging:|||||| |||||||||2021|2020| ||||||||||E| ||Auditor's|remuneration||||||8,220|8,100| ||Depreciation|||oftangible|fixed assets|||231,445|239,067| ## |||||||||2021|2020| |---|---|---|---|---|---|---|---|---|---| |||||||||E|E| |Wages and salaries||||||||2,792,106|2,841,260| |Social security
costs||||||||183,553|182,660| |Employer|contributions|to defined|contribution||pension||schemes|52,070|51,239| |Employer|contributions|to defined|benefit|pension||schemes||72,057|78,738| |Operating|costs ofdefined benefit||pension|scheme||||33,573|43,315| |||||||||3,133,359|3,197,212| |The average h|ead count ofemployees
during the year wa|s 164(2020: 182),analysed
as follows:|| |---|---|---|---| |||2021|2020| |||No|No.| |Management|and administration|12|| |Care services||149|168| |Estare||3|3| |||164|182| ## ## ## ## ## |Tangible fixed assets||||| |---|---|---|---|---| |||Freehold||| |||property|Equipment|Total| |||E||6| |Cost||||| |At
I November
2020||13,032,575|210,109|13,242,684| |Additions at cost|||22,536|22,536| |Transfer from other charity||||| |Revaluation
of almshouse|properties|||| |Disposals||(38,038)|(28,200)|(66,238)| |At 31October 2021||12,994,537|204,445|13,198,982| |Depreciation||||| |At
I November
2020||4,164,646|179,838|4,344,484| |Charge for the year||221,391|10,054|231,445| |Disposals||(25,776)|(25,655)|(51,431)| |At 31 October 2021||4,360,261|164,237|4,524,498| |Carrying
amount||||| |At 31 October 2021||8,634,276|40,208|8,674,484| |At 31October 2020||8,867,929|30,271|8,898,200| ## |||Listed|Investment|| |---|---|---|---|---| |||investments|properties|Total| |||6|6|| |Cost or valuation||||| |At
I November|2020|21,396,113|11,418,250|32,814,363| |Additions||236,096||236,096| |Disposals||(157,133)||(157,133)| |Fair value movements||2,942,299||2,942,299| |At 31 October|2021|24,417,375|11,418,250|35,835,625| |Impairment||||| |At
I November|2020 and 31 October 2021|||| |Carrying
amount||||| |At 31October|2021|24,417,375|11,418,250|35,835,625| |At 31 October 2020||21,396,113|11,418,250|32,814,363| ## |exchange r|ate prevailing
at the r|ate prevailing
at the r|ate prevailing
at the r|eporting
date.||| |---|---|---|---|---|---|---| |An analysis|of listed investments|||by fund is as follows:|2021|2020| ||||||6|6| |Permanent|endowment|fund|||23,096,752|20,322,857| |Non-perinanent
endowment|||funds||145,145|120,256| |Total endowment
funds|||||23,241,897|20,443,113| |Restricted|funds||||68,489|53,858| |Unrestricted|funds||||1,106,989|899,142| ||||||24,417,375|21,396,113| ## ## ## ## |Endowment
investments
subject tototal
return|Endowment
investments
subject tototal
return|Endowment
investments
subject tototal
return|Trust for
investment|Unapplied
total return|Total| |---|---|---|---|---|---| ||||6|6|| |At 31 October 2020|||||| |Gift component
ofthe permanent|endowment||18,035,230||18,035,230| |Unapplied
total return||||2,269,505|2,269,505| |Total at 31 October 2020|||18,035,230|2,269,505|20,304,735| |Movements
in the reporting|period||||| |Investment
returns - dividends
and interest||||236,096|236,096| |Investment
returns —realised and
and (losses)|unrealised|gains||2,693,199|2,693,199| |Additions to trust for investment|||||| |Income repaid to unapplied
total|return
in year||||| |Less: Investment
management
costs||||(157,133)|(157,133)| |Total movements
in the reporting
transfers|period before|||2,772,162|2,772,162| |Transfer from unapplied
total return to maintain
real value oftrust for investment|||1,030,329|(1,030,329)|| |Net movements
in the reporting
period|||1,030,329|1,741,833|2,772,162| |At 31 October 2021|||||| |Gift component
ofthe permanent|endowment||19,065,559||19,065,559| |Unapplied
total return||||4,011,338|4,011,338| |Total at 31 October 2021|||19,065,559|4,011,338|23,076,897| ## ## ## ## ## |18.|Debtors||||| |---|---|---|---|---|---| |||||2021|2020| |||||E|| ||Trade debtors|||195,107|282,030| ||Prepaid|expenses||83,283|80,932| ||Accrued|income and|sundry debtors|46,519|44,596| |||||324,909|407,558| |19.|Creditors: amounts||falling due within one year||| |||||2021|2020| ||Trade creditors|||295,724|234,051| ||Accruals|and deferred|income|225,785|115,321| ||Social security and other taxes|||43,030|44,538| ||Mortgage|loan||1,095|982| |||||565,634|394,892| ## ## |2021|2020| |---|---| |E|E| |92,006|93,102| ## ||||||Pensions
and| |---|---|---|---|---|---| ||||||similar| ||||||obligations| ||||||Note 22| ||||||E| |At|I November||2020||204,000| |Decrease||in provision||during the year|(51,000)| |At|31October||2021||153,000| ## ## ## ## ## ## ## ## ## ## ## |Amounts
recognised
in the
Statement ofFinancial Position|Amounts
recognised
in the
Statement ofFinancial Position|As at
31October 2021|As at
31October 2020| |---|---|---|---| ||||E| |Fair value ofassets||3,686,000|3,361,000| |Present value offunded|obligations|(3,839,000)|(3,565,000)| |Net defined benefit|asset/(liability)|(153,000)|(204,000)| |Asset class|Asset class||31 October 2021| |---|---|---|---| ||||E| |Diversified|growth|fund|2,121,000| |Corporate|bonds||1,080,000| |Index-Linked|Gilts||483,000| |Cash|||2,000| |Total|||3,686,000| ||||As at|As at| |---|---|---|---|---| |Change
in|fair value ofscheme assets||31 October 2021|31 October 2020| ||||E|| |Fair value
beginning|ofscheme assets atthe
ofthe year||3,361,000|3,290,000| |Interest on|assets||57,000|65,000| |Employer contributions
paid to scheme||in year|72,000|79,000| |Contributions|by scheme
participants|||| |Benefits paid by scheme
in year|||(116,000)|(110,000)| |Administration
costs||||| |Change due|to settlements|||| |Return on scheme assets less interest|||312,000|37,000| |Fair value
the year|ofscheme assets at the|end of|3,686,000|3,361,000| ## ## ## ## |Change
benefit|in present value ofdefined
obligations|As at
31October 2021
6|As at
31October 2020
6| |---|---|---|---| |Defined
scheme|benefit obligations
ofthe
atthe beginning
ofthe year|3,565,000|3,384,000| |Current|service cost|27,000|31,000| |Contributions
by scheme
participants|||| |Past service cost|||| |Interest|cost|60,000|67,000| |Benefits|paid by scheme
in year|(I
16,000)|(I I 0,000)| |Change due to settlemenrs|||| |Experience
(gain)/loss
on defined benefit|||| |obligation|||| |Changes|to assumptions|303,000|193,000| |Defined
scheme|benefit obligations ofthe
at the end ofthe year|3,839,000|3,565,000| |Net amount
recognised
in the
Statement ofFinancial Activities||Year ended
31October 2021
6|Year ended
31 October 2020
6| |---|---|---|---| |Total income/(costs)
recognised
in the year,
as detailed
below||(30,000)|(33,000)| |Total re-measurement
gains/(losses)
year, as detailed
below|in the|9,000|(156,000)| |Employer
contributions||72,000|79,000| |Net amount
recognised
in the
Statement ofFinancial Activities||51,000|(110,000)| ## ## |||||Year ended|Year ended| |---|---|---|---|---|---| |Costs/(income)
recognised||in the|year|31October 2021|31October 2020| |||||6|| |Current service cost||||27,000|31,000| |Administration
costs|||||| |Interest on liabilities||||60,000|67,000| |Interest on assets||||(57,000)|(65,000)| |Past service cost|||||| |Settlement
cost|||||| |Total costs/(income)
ear|recognised||in the|30,000|33,000| |Re-measurement
losses/(gains)
recognised
in the year|Year ended
31October 2021
6|Year ended
31October 2020
6| |---|---|---| |Loss/(gain)
on scheme assets in excess of
interest|(312,000)|(37,000)| |Experience
losses/(gains)
on liabilities||| |Losses/(gains)
from changes to demographic||| |assumptions||| |Losses/(gains)
from changes to financial
assum
tions|303,000|193,000| |Total re-measurement
losses/(gains)
recognised
in the year|(9,000)|156,000| ## ## ## |||31October 2021|31October 2020| |---|---|---|---| |Discount
rate||1.75%pa|1.70%pa| |Inflation
(RPI)||3.40/ pa|3.00%pa| |Inflation
(CPI)||2.90%pa|2.10%pa| |Salary increases||3.40% pa|3.00%pa| |Pension increases - discretionary||1.40% pa|1.05%pa| |Pension increases - CPI max 5%||2.80%pa|2.10%pa| |Pension increases - RPI max 2.5%||2.30%pa|2.10%pa| |Post retirement|mortality|53NA tables with
CMI
2018projections
using a|S3NA tables with CMI
2018projections
using a| |||long term improvement|long term improvement| |||rate of 1.50% a|rate of 1.50%
a| |Commutation||Members are assumed to
as cash at|take 20%oftheir pension
retirement| |Life expectancy|at age 65ofmale aged 45|24. 1|24.0| |Life expectancy|at age 65 ofmale aged 65|22.4|22.3| |Life expectancy
45|at age 65offemale aged|26.5|26.4| |Life expectancy
65|at age 65offemale aged|24.8|24.7| ## ## ## ## ## ## ||||At.|At.||||Gains|and||At| |---|---|---|---|---|---|---|---|---|---|---|---| ||||Nov|2020|Income|Expenditure|Transfers|losses||31|Oct 2021| |||||6|||||||6| |General
fund||||263,789|4,734,277|(5,201,970)|(346,838)||258,967||(291,775)| |Fundraising|fund|||46,126|10,438|(13,528)|||||43,036| |Building
Fund||||472,256|||450,000||||922,256| |Development||fund||613,124||(22,825)|||||590,299| |Extraordinary|||||||||||| |repair fund|||1,683,902||7,136|(295,040)|395,616||||1,791,614| ||||3,079,197||4,751,851|(5,533,363)|498,778||258,967||3,055,430| |Restricted|funds||||||||||| ||||At|||||Gains|and||At'| ||||I Nov|2020|Income|Expenditure|Transfers|losses||31|Oct 2021| |||||E|6|6|||6||6| |The Charity|of||||||||||| |Emma Simpson||for|||||||||| |Almshouses|||1,058,401||36,356|(46,482)|||14,652||1,062,927| |Endowment||funds|||||||||| ||||At.|||||Gains|and||At| ||||I Nov|2020|Income|Expenditure|Transfers|losses||31|Oct 2021| ||||E||6|||E|||E| |Permanent|||||||||||| |Endowment|Fund||40,254,824||236,679|(157,133)|(498,778)|3,|132,651||42,968,243| |Stockton Relief in|||||||||||| |Need Fund||||150,401|4,608|(I2,000)|||24,889||167,898| ||||40,405,225||241,287|(169,133)|(498,778)|3,|157,540||43,136,141| ## ## ## ## |24.
Analysis ofne|t ass|ets between
fu|nds|||| |---|---|---|---|---|---|---| |||||||2021| ||||Unrestricted|Restricted|Endowment|| ||||funds|funds|funds|Total funds| ||||E||E|E| |Fixed assets||||||| |Tangible fixed assets|||40,214|853,986|7,780,284|8,674,484| |Investments
—investment||properties|||11,418,250|11,418,250| |Investments
—listed|investments||1,106,989|68,489|23,241,897|24,417,375| ||||1,147,203|922,475|42,440,431|44,510,109| |Net current assets||||||| |Debtors|||324,909|||324,909| |Cash at bank and in|hand||3,230,120|||3,230, 120| |Creditors
due within|one year||(565,634)|||(565,634)| |Inter-fund
balances|||(836,162)|140,452|695,710|| ||||2,153,233|140,452|695,710|2,989,395| |Total assets less current||||||| |liabilities|||3,300,436|1,062,927|43,136,141|47,499,504| |Creditors: amounts|falling|due after||||| |more than one year|||(92,006)|||(92,006)| |Provisions for liabilities|||(153,000)|||(153,000)| |Net assets (total funds)|||3,055,430|1,062,927|43,136,141|47,254,498| |||||||2020| ||||Unrestricted|Restricted|Endowment|| ||||funds|funds|funds|Total funds| ||||E||E|| |Fixed assets||||||| |Tangible fixed assets|||30,277|875,883|7,992,040|8,898,200| |Investments
—investment||properties|||11,418,250|11,418,250| |Investments —listed|investments||899,144|53,837|20,443,132|21,396,113| ||||929,421|929,720|39,853,422|41,712,563| |Net current assets||||||| |Debtors|||407,558|||407,558| |Cash at bank and in|hand||3,114,696|||3,114,696| |Creditors due within|one year||(394,892)|||(394,892)| |Inter-fund
balances|||(680,484)|128,681|551,803|| ||||2,446,878|128,681|551,803|3,127,362| |Total assets less current||||||| |liabilities|||3,376,299|1,058,401|40,405,225|44,839,925| |Creditors: amounts|falling|due after||||| |more than one year|||(93,102)|||(93,102)| |Provisions for liabilities|||(204,000)|||(204,000)| |Net assets (total funds)|||3,079,197|1,058,401|40,405,225|44,542,823| ## ## ## ## ## ## ##