2020-12-31-accounts - The Railway Community Homes

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			Page
Reference and administrative information
Report ofthe	Trustees		2-5
Report of the	Independent Auditors		6-7
Consolidated	Statement of Financial	Activities
Consolidated	income and Expenditure	Account
Balance Sheet- Group and Charity			10
Notes to the	Financial Statements		11-17

Trustees and O	fgcers serving	during the	period and since the yea	period and since the yea	r end were
			L. Horwood (Deceased		20/03/20)
			P. C. Moakes
			J.F.L. Reeves
			S.J.Brook
			C.C. Mills
			A. D. Sugden
			W.J. Collins
			P. E. O'Hare
			C. Donovan
			D.R.Crome
			B.J.Davenport
			G.P. Isom (Appointed		16/12/20)
COMPANY SECRETARY			A. B.Conyard
REGISTERED	CHARITY NUMBER		1142608
COMPANY REGISTRATION		NUMBER	07109869
REGISTERED	OFFICE		Bridge House
			2 Church Street
			Dawlish
			Devon
			EX7 9ALI
INDEPENDENT	AUDITORS		Casson Beckman
			Murrills House
			48 East Street
			Portchester
			PO16 9XS
LEGAL ADVISORS			Hunters
			9 Naw Square
			Lincoln's Inn
			London
			WC2A 3QN
BANKERS			Lloyds TSB
			PO Box1000
			Andover
			Bxi 1LT
INVESTMENT MANAGERS			Sarasln &Partners	LLP
			Juxon House
			100St Paula Churchyard
			London
			EC4M 8BU
			M&G Investments
			PO Box9039
			Chelmsford
			CM99 2XF

CONSOUDATED STATEMENT OF FINANCIAL	CONSOUDATED STATEMENT OF FINANCIAL	CONSOUDATED STATEMENT OF FINANCIAL	CONSOUDATED STATEMENT OF FINANCIAL	CONSOUDATED STATEMENT OF FINANCIAL	ACTIVITIES FOR	ACTIVITIES FOR	ACTIVITIES FOR	THE	YEAR ENDED	31	DECEMBER 2020	DECEMBER 2020	DECEMBER 2020	DECEMBER 2020	DECEMBER 2020	DECEMBER 2020
					C	u	I p
											0	p			o	p		0	p		Ch	dty		Ch	ity
					U ~u		dl &	u	Id I&f d	R*hkudi			d	R «d		Iudf	od	Tour d		T I If nd	roof d		rmdi d
					31	D	d d	y Od 31D~		y 31D		dd 3		7 31	D	md ne		7 31D	dd h	31D~	y Od 31D~		y 3I	D	md
				Note		2020 f			2020 6		2020 6				2020 6			2020 6		2019 f	2020f			2019 6
INCOME
Donations and legacies									2,400										2,400	30,011		2,400			30,011
Income from charitable	acgvltles
Contrlbu5ons									0,637										0,537	15,M7		8,537			16,607
Operating lnccme				5					22,702										22,782	420,125		22,782		420,125
Other income				6					2,000										2,660	13,244		2,000			13,244
Income from other trading			activities
Trading income				7					50,360										50,369	94,095		60,309			94,095
Investment Income							393,221											303,221		301,758	393,221			301,750
Total Incoming resources							393,221		06,036									480,057		980,040	480,057			960,040
EXPENDITURE
Cost ofraising funds
Trading expenses									3,160										3,150	7,220		3,150			7,220
Publfdty									1,961										1,951	13,791		1,951			13,791
									5,107										5,107	21,019		5,107			21,019
Net incoming resources	available for
charitable appgcatlon							393,221		01,729									474,950		947,021	474,950			047,821
Expenditure on charitable		activities
Support costs				9			200,414		459,500			17,050						743,962		970,080	743,962				070,006
Net Incomlngi(outgoing)		resources		for the
year before recognised	gains and losses						120,807		(377,801)			(17,950)						(209,012)		(31,065)	(289,012)			(31,065)
Other recognised gains	and		losses
Unrealhed Investment gains				12			84,806												04,0D6	067,042		04,00S		067,842
Unreassed cash gains							60,D61												68,051	59,652		58,051			59,652
Unreassed revaluation losses				12
Reagsad Investment gains							67,552												67,552	43,559		67,552			43,559
Net movemenl ln funds							337,215		(377,001)			(17,958)						(50,804)		039,088	(50,004)			030,908
Reconcglagon offunds
Total funds brought forward				16		7,558,052					1,005,00S							9,544,747		0,004,759	9,544,382			8,004,374
Transfer between funds				10			(17,050)		(17,050)			17,950				17,950
Fund balances carried
forward at 31 December	2020			10		7,870,100			(395,019)		1,005,095					17,950		0,400,143		9,644,747	9,405,768			9,544,382

									Year Ended	Year Ended
									31 December	31 December
									2020	2019
									6	f
Income
Contributions									8,537	15,607
Operating income									22,782	426,125
Trading Income									50,369	94,095
Other Income									2,660	13,244
Investment Income									393,221	3tl1,758
Voluntary Income									2,488	38,011
Total Income									480,057	968,840
Expenditure
Trading expenses									3,156	7,228
Publicity									1,951	13,791
Expenditure on	charitable			activities					743,962	976,886
Total Expenditure									749,069	999,905
Deficit for the	year		before		Other	recognised	gains	and	(269,012)	(31,065)
losses
Other Recognised		gains and			losses:
Realised gains on	disposal			of	Investments				59,231	43,559
Deficit/Surplus before			and	after tax					(209,781)	12,494

CONSOLIDATED AND CHARITY B	ALANCE 8HEETS AT	31 DECEMBER 2020
		«Grou	~Charit	«Grou	~Charlt
		2020	2020	2019	2019
	N&sts	8	5	6	8
FIXEDASBETB
Tangible assets	11	747,603	747,603	896,194	895,194
Investmen(s	12	8,342,028	8,342,028	8,322,120	8,322,120
TOTAL RXEDASSETS		9,089,631	9,089,631	9,21'/, 314	9,217,314
CURRENT AS6ETS
Debtors	13	21,958	25,130	31,801	31,801
Cash at bank end In hand	14	396,873	393,088	381,469	379,223
TOTAL CURRENT ABSETS		418,631	418,218	413,070	410,824
LIABILITIES
Creditors feglng dus within one year	15	(21,734)	(22,091)	(86,252)	(83,778)
NET CURRENT ASSETS		396,897	396,127	327,818	327,048
TOTAL ASSETSLESSCURRENT	LIABILITIEtS	9,486,628	9,48S,758	9,545,132	B,S44,362
THE FUND6 OFTHE CHARITY:
Unrestrlded Income funds	18	7,500,248	7,499,863	7,668,852	7,568,407
Non-charitable trading funds	16	385		385
Permanent endowmsntfunds	16	1,986,896	1,986,895	1,985,895	1,988,896
TOTAL CHARITY FUNDS		9,488,528	9,486,768	9,646,132	9,544,382

Summary Profit and Loss Account				2020f	2019 f
Turnover				50,369	94,095
Less:
Administrative expenses				(3,156)	(7,228)
Net profit				47,213	86,867
Amount gifted to The Ra8way Convalescent		Homes		(16,783)	(31,067)
Inter.group trading:
Fadgties purchased from The Ragway Convalescent			Homes	(30,450)	(55,800)
Retained in subsidiary
The assets and liab5ltles ofths subsidiary	were.
Current assets				38,222	38,222
Creditors: Amounts falling due within one	year			(37,837)	(37,837)
Aggregate share capital and reserves				385	385

	Please refer to the Trustees Report and Notes 1 and 23, the closu trading company has ceased trading for the foreseeable future.	Please refer to the Trustees Report and Notes 1 and 23, the closu trading company has ceased trading for the foreseeable future.	re ofthe Convalescent Home hss also mea	nt that the
8	INVESTMENT INCOME		2020f	2019 F.
	Income from managed Rents from investment	investments properties	314,574 78,619	304,873 76,875
	Bank deposit Interest		28	10
			393,221	381,758

SUPPORT COSTS	Continuing	Dtscontlnued	Continuing	Discontinued
	Restricted	Restricted	Charitable	Charitable	2020	2019
	Funds	Funds	Expenditure	Expenditure	6	F.
Wages Pension contributions			121,596 5,245	307,073 8,701	428,668 13,946	549,180 20,164
Food and Bar				17,476	17,476	89,874
Laundry and cleaning Rates			8,814	703	703 8,814	3,441 25,134
Insurance			27,815		27,815	22,905
Light and heat Entertainment for guests Property maintenance Telephone Computer expanses Printing, stationery and postage Travsging and accommodation Staff uniforms			17,439 66,938 2,740 7,210 1,683	1,480 8,229 392	17,439 1,480 56,938 2,740 8,229 7,210 1,683 392	29,669 8,885 101,624 2,942 9,645 8,343 4,553 1,208
Training Audit and accountancy Professional fees			8,138 7,624		8,138 7,824	4,743 6,583 3,350
Bank charges Irrecoverable VAT			1,173	9,734	1,173 9,734	3,630 30,279
Depreclagon Loss on disposal ofassets		17,958		818 104,984	18,776 104,984	34,668 18,036
		17,958	268,414	459,590	743,962	978,856

ANALYSIS OF STAFF COSTS AND NUMBERS
	2020	2019
	f	f
Wages Social security costs Pension costs	96,791 24,804 5,245	523,961 25,219 20,164
	126,840	5tl9,344

			Freehold	Furniture,
			land and	fixtures	Computer	Motor	2020	2019
			bugdlngs 6	and fittings	equlpmerlt 6	vehicles	Total 6	Total 6
Coat
At 1 January 2020			897,888	196,636	8,325	30,710	1,133,559	1,105,517
Additions								68,377
Disposals				(196,636)	(1,870)	(30,710)	(229,216)	(40,335)
At31 December2020			897,888		6,455		904,343	1,133,559
At 1 January2020			133,525	74,141	6,309	24,390	238,365	225,996
Charge for year			17,958		818		18,776	34,668
Dlsposals				(74,141)	(1,870)	(24,390)	(100,401)	(22,299)
At31 December2020			151,483		5,257		156,740	238,365
Net book value
At 31 December 2020			746,405		1,198		747,603	895,194
FIXEDASSET INVESTMENTS FOR CHARITY				AND GROUP
					Listed	Investment	2020	2019
					Investments 6	property	Total f	Total 6
Market value at 1 January 2020 Disposals Netlnvestment gains -Reagssd Net investment gains/(losses) - Unrealised					7,152,938 (132,449) 67,552 84,805	1,169,182	8,322,120 (132,449) 67,552 84,805	7,494,745 (84,026) 43,559 867,842
Market value at 31 December		2020			7,172,846	1,169,182	8,342,028	8,322,120
Historical cost at 31 December			2020		4,750,862	1,169,182	5,920,044	6,128,234
Listed investments at	market	value comprised:
UK lixed Interest securities Overseas Axed Interest securities UK equity shares Overseas equity shares UK property Investments Other Investments							1,163,938 62,748 1,511,046 3,658,703 176,583 599,828	1,137,964 75,919 1,646,392 3,364,239 580,599 347,915
investments listed on a recognised stock exchange Investment managers' capital account							7,172,846 337,138	7,153,028 270,766