2021-12-31-accounts - Wivenhoe Housing Trust [Wht]

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						2021	2020
			Unrestricted	Restricted	Endowment	Total	Total
		Notes	funds f	fund f	funds f	funds f	funds f
INCOME AND ENDOWMENTS
FROM
Donations and legacies
Charitable activities
Almshouses activity			69+$2			69+$2	73,674
Investment income			5,620			5,921	5,496
Total			75,452			75,753	79,730
EXPENDITURE ON
Charitable activities
Almshouses actfvity			25,753	1,615		27,368	67,291
Relief In Need				554		554	1,142
Total			25,753	2,169		27 5I22	68,433
			49,699	(1~)		47,831	11,297
Net gains/(losses) on investments					14,025	53~	~32,634)
NET INCOME/(EXPENDITURE)			88,942	(1~)	14,025	101,099	(21,337)
Transfers between funds		14	(~)	2,500
Other recognised gains/(losses)
Gains on revaluation	offixed
assets							28,797
Net movement in funds			86,442		14,025	101,099	7,460
RECONOUATION OF	FUNDS
Total funds brought	forward		440,930	14PSP	~5~5	2' 1P75	'2,283,615
TOTAL FUNDS CARRIED
FORWARD			527972	15,492	2+49@20	2392,174	2,291,075

						2021	2020
			Unrestricted	Restricted	Endowment	Total	Total
			funds	fund	funds	funds	funds
		Notes	E	E	E	E	f
FIXEDASSETS
Tangible assets		10			1,729,000	1,729,000	1,729,000
Investments		11	335,592		120+20	455,912	402,644
			335+92		1+49,320	2,184,912	2,131,644
CURRENT ASSETS
Debtors		12	2,920			2,920	3,050
Cash at bank			197,433	15,482		212,915	163,813
							166,864
CREDITORS
Amounts falling due within one
year		13	(8+73)			(8&73)	(7,432)
NET CURRENT ASSETS			191,780			207,262	159,431
TOTAL ASSETSLESSCURRENT
UABIUTIES			527,372	15~	1~9+20	~92,174	2,291,075
			527,372	15,482	1,849,320	2+92,174	2,291,075
FUNDS		14
Unrestricted	funds					527,372	440,930
Restricted funds						15,482	14,850
Endowment	funds					1,849@20	1,835,295
						2992,174	2,291,075

					Direct	Grant	Support
					Costs (see	funding of	costs (see
					note 6) f	activities f	note 7) f	Totalsf
Almshouses	activity				17+15		9,553	27+68
Relief In Need								554
					17,815		9+53	27,922
DIRECTCOSTSOF CHARITABLE ACTIVITIES
							2021 f	2020f
Vacant property costs							707	34
Rates and water							2,016	2,999
Insurance							1,373	1,402
Light and heat							3,962	3,781
Repairs and	maintenance						3,773	9,920
Cyclical repairs							760	1,575
Extraordinary		repairs						33,342
Gardening							3,080	3,239
Careline							1,615	1,653
Sundry expenses							400	103
Bad debts							129
							17+15	58,048
SUPPORT COSTS
								Management f
Almshouses								9,553
Support costs,		induded	in	the above, are as	follows:
							2021	2020
							Almshouses	Almshouses
Clerk fees							f 6,955	f6~
Accountancy	fees						2,172	2,010
Independent	examination			fees			210	198
Subscriptions							216	210
							9,553

COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACllVITIES	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACllVITIES	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACllVITIES
		Unrestricted	Restricted	Endowment	Total
		funds	fund	funds	funds
		f	f	f	f
INCOME AND ENDOWMENTS	FROM
Donations and legacies
Charitable activities
Almshouses activity		73,674			73,674
Investment income		5,213			5,496
Total		78,887	843		79,730
EXPENDITURE ON
Charitable activities
Almshouses activity		65,638	1,653		67,291
Relief In Need			1,142		1,142
Total		65,638	2,795		68,433
		13,249	(1,952)		11,297
Net gains/(losses) on investments		(27,274)		)5,360)	~32,634)
NET INCOME/(EXPENDITURE)		(14,025)	(16I52)	(5,360)	(21@37)
Transfers between funds		(2,500)	2,500
Other recognised gains/(losses)
Gains on revaluation offixed	assets			28,797	28,797
Net movement in funds		(16,525)		23,437	7,460
RECONCIUATION OF FUNDS
Total funds brought forward		457,455	14,302	1,811,858	2+83,615
TOTAL FUNDS CARRIED FORWARD		440,930	14,850	1,635,295	2,291,025

	Cost or valuati	on at31D	ecember 2021 is represented by:
					Usted
					investments
	Accumulated	revaluation	gains		263,639
	Cost				192,273
					455,912
12.	DEBTORS:AMOUNTS FALUNG DUE WITHIN ONE YEAR
				2021	2020
				E	E
	Contributions	in arrears		1+37	2,109
	Other debtors Prepayments	and accrued income		250 1~
				2,920	3,050
13.	CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
				2021	2020
				E	E
	Contributions	received in advance		5,055	3,899
	Other creditors			470
	Accruals and	deferred income		3,047	3533
					7,432

MOVEMENT IN FUNDS	MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.1.21	in funds	funds	31.12.21
			E	f	f	E
Unrestricted funds
General Fund			55,755	55,101	(40,596)	70,260
Cyclical Maintenance	Fund		112+70	5,565	11,232	129,167
Extraordinary Repair	Fund		60,786	8,008	6,864	75,658
Building Reserve Fund			212,019	20,268	20,000	252,287
			440,930	88,942	(2~)	527+72
Restricted funds
Relief In Need Fund				(1,868)	2,500	15,482
Endowment funds
Permanent Endowment Fund Property Revaluation Reserve			1,444+68 385@60	13,279		1,457,642 385~
Wivenhoe Charities	Fund		5,572			6,318
			1,835,29S	14,025		1,&49,320
TOTAL FUNDS			2,291,075	101,099		2892,174
Net movement in funds,		included	in the above are asfollows:
			Incoming	Resources	Gains and	Movement
			resources f	expended f	losses E	in funds f
Unrestricted funds
General Fund			75,447	(24,993)	4,647	55,101
Cyclical Maintenance	Fund		5	(760)	6+20	5,565
Extraordinary Repair	Fund				8,008	8,008
Building Reserve Fund					20,268	20,268
			75~2	(25,753)	39,243	88,942
Restricted funds
Relief In Need Fund				(2,169)		(1,868)
Endowment funds
Permanent Endowment		Fund			13+79	13,279
Wivenhoe Charities	Fund				746	746
					14,025	14,025
TOTAL FUNDS			75,753	(27,922)	53+68	101,099

Comparatlves for mov	ment in funds
			Net	Transfers
			movement	between	At
		At 1.1.20 f	in funds f	funds f	31.12.20 f
Unrestricted funds
GeneralFund		76,389	12,669	(33,303)	55,755
Cyclical Maintenance Fund Extraordinary Repair Fund Building Reserve Fund		106,050 62,784 212,232	(4,483) (1,998) ~20,213)	10,803 20,000	112+70 60,786 212,019
		457,455	(14,025)	(2,500)	440,930
Restricted funds
Relief In Need Fund		14,302	(1,952)		14,850
Endowment funds
Permanent Endowment	Fund	1,426,159	18,204		1,444,363
Property Revaluation Reserve Wlvenhoe Charities Fund		378,957 6,742	6,403 ~1,170)		385+60 5,572
		1,811,858	23,437		1,835,295
		2,263,615	7,660		2,251,075

Comparative net move	nt in funds, in	duded in the above are	asfollows:
		Incoming	Resources	Gains and	Movement
		resources f	expended f	losses	in funds f
Unrestricted funds
GeneralFund		78,783	(64,063)	(2,051)	12,669
Cyclical Maintenance Fund Extraordinary Repair Fund Building Reserve Fund		104	(1,575)	(3,012) (1,998) (20,213)	(4,483) (1,998) (20,213)
		78,887	(65,638)	(27,274)	(14,025)
Restricted funds
Relief In Need Fund			(2,795)		(1+52)
Endowment funds
Permanent Endowment	Fund			18,204	18+04
Property Revaluation Reserve Wivenhoe Charities Fund				6,403 (1,170)	6,403 (1,170)
				23,437	23,437
TOTAL FUNDS		79,730	~68,433)	J3,837)	7,460

			2021	2020
			f	f
INCOME AND	ENDOWMENTS
Donations and	Icicles
Donations
Investment income
Charifund income dividends			5,905	5,349
COIF deposit account interest			1S	147
			5,920	5,496
Charitable activities
Contributions	receivable		76,032	74,851
Losses from vacancies			(6,200)	(1,177)
			69~	73,674
Total incoming	resources		75,752	79,730
EXPENDITURE
Charitable activities
Vacant property costs			707	34
Rates and water			2,016	2,999
Insurance			1873	1,402
Ught and heat			3,962	3,781
Repairs and maintenance			3.773	9,920
Cyclical repairs			760	1,575
Extraordinary	repairs			33,342
Gardening			3,080	3,239
Careline			1,615	1,653
Sundry expenses			400	103
Bad debts			129
Relief in Need	donations		554	1,142
				59,190
Support costs
Management
Clerk fees			6,955	6,825
Accountancy	fees		2,172	2,010
Independent	examination	fees	210	198
Subscriptions			216	210
			9+53	9,243
Total resources expended			27,922	68,433
Net income			47,830	11,297