2020-12-31-accounts - St. Barnabas Southwold

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

		Note	Urc-estnc-	Endowment
			ted Funds	Funds	Total Funds	Tatal Funds
			2020	2020	2020		2019
INCOIRIE AND EXPENDITURE
Incarning resources frora.	generated	funds.
Voluntary income		2	5,223		5,223		158,963
Activitres for generating funds							1,102
Investment mcome		3	13,576		13,583		17,433
Incoming resources for charitable
activities		4	707,273		707,273		641,962
Other incoming resources			23 073		23 073		332
Total Incoming Resources			749 145		749 152		819792
~RE* d d
Costs ofgenerahng funds:
Fundraising							15
Charitable achvities		5	769,709		769,709		742,864
Governance costs		6	3,306		3,306		4,482
Investment management costs			5 706		5 706		5 723
Total Resources Expended			778 721	0	778 721		753 084
Net Incoming/(Outgoing)	Resources
befoze transfers Transfers between funds			(29,576) 7	7 ~7	(29,569) 0		66,708 0
Net incoming/(outgoing) resources
before other recognisable	gains		(29,569)		(29,569)		66,708
and losses
Other reco ' ed Gains or Losses
Reahsed gains (losses) an	investment
assets							1,308
Unrealised gains Gasses)	on investment
assets			2 836		2 836		43 067
Total ofOther Recogoised	Gains
or Losses			2 836		2 836		44 375
Net Movement in funds			(26,733)		(26,733)		111,083
RECONCILIATION OFFUNDS
Total funds brought forward			837 797	0	837797		726 714
Total funds carried forward			811064	0	811064		837 797

		Fund	Incoming	Outgoing	Transfers	Gains/	Fond
		Balance	Resources	Resources		(Losses)	Balance
		brought					cerned
		forward					forward
Unrestricted	mcome funds:
Revalnanon	reserve fond	1,168,099					1,168,099
Buildmg reserve fund		550,000					550,000
General reserve fund Unrestricted funds:		837,797	749,145	(778,721j	7	2,836	811,064
Endowment	funds	5,070					5,070
Total funds		2,560,966	749,145	(778,721j	7	2,836	2,534233

BREAK	DOWN OF COS SB	YCIIAIIUABLE A	CTIVITY
			Acnvities	Grant
			Undertaken	Funding	Support
Activity	ofProgramme		Directly	Aonvities	Costs	Total
			6
Care for	remdents		750,639	0	9,012	759,651
Fmanciel	support for residents	with limited means	19070	0	0	19070
Total			769 709	0	9012	778 721

INVESTMENT INCOME	INVESTMENT INCOME
Bazclays Bank Mary Shipley account.		142	142	71
Barclays Instant Access account		7	7	13
Barclays Bank Active Saver Account		0	7	14
Income f'rom Quoted Investments	13,410		13,410	17,260
Scottish Widows —90 day Account		17	17	75
	13	576	13583	17433

5.	CHAMTABLE ACTIVITIES EXPEN	DITURE
		Unzesufcted	Endowment
		Funds	Funds	Total Funds	Total Funds
		2020	2020	2020	2019
	Provision ofservices to residents
	Food and provisions Salaries and wages Rates including water lnsurances	29,251 548,315 18,743 11,783		29,251 548,315 18,743 11,783	30,576 526,523 8,813 13,746
	Lighhng and heaung Property repairs and improvements Lift repairs and servicing Fize safety General household expenses Cleaning, laundry and special clothing TV rent and licence	22,912 43,007 953 308 21,096 6,454 315		22,912 43,007 953 308 21,096 6,454 315	18,926 50450 1,812 0 12,237 2,257 162
	Registration fees and subscziptions Telephone and inteznet Printing, stationery and postage Advertising, including staff recnutment Acttvities, entertainment and therapy Tzaltllllg Depreciation Other expenses Digitalisation ofmedical records Support to residents oflimited means	6,708 1,939 2,474 640 1,074 3,912 25,455 1,524 3,776 19,070		6,708 1,939 2,474 640 1,074 3,912 25,455 1,524 3,776 190706	10,147 3,086 1,525 971 4,539 7,603 25,406 3,799 0 20,486
		769,709	0	769,709	742,864
6.	GOVERNANCE COSTS
	Accountancy fees Secretarial fees Legal and professronal fees Bank charges	1300 1,200 0 906		1,200 1,200 0 906	1,650 1,200 600 1,032
		3,306	0	3,306	4,482

TOTAL STAFF COSTS
								Total Costs	Total Costs
								2020	2019
Wages and salaries								508,871	491,406
Social Security costs								31,326	27,762
Pension corm								8,118	7,355
								548,315	526,523
No employee earned f60,000 pez annum			or	more
esther during the year or the previous year
The average number ofequivalent		full-time		employees		analysed by		funcuon was.
Provision ofsezvtces to residents								23	23
Adminislzation								0	0
								23	23
As an employer the charity operates awork				place pension			and
makes conutbuuons mto the penston scheme ofeach					employee
Members ofthe Management	Commsttee		pzowde services				voluntanly	tree ofcharge.
No remuneration was pmd and	no expenses			reimbursed		to Trustees.
TANGIBLE FIXEDASSETS
				Freehold			Property	Fixtures
				Land aud			Improve-	Fittings and
				Buildings			ments	Equzpment	Total
Asset at cost oz revaluation
At the beginning ofthe yeaz				1,650,000			102,305	192,891	1,945,196
Additions					0		0	12,219	12,219
At the end ofthe yesz				1 650 000			102305	205 110	1 957415
D
At the begnzdng ofthe year							29,370	120,646	150,016
Chazge for the year							10,230	15,225	25,455
At the end ofthe year							39 600	135 871	175471
Net Book Value
At the beginning ofthe year				1,650,000			72,935	72,245	1,795,1 80
At the end ofthe yeaz				1,650,000			62,705	69339	1,781,944

FIXEDASSETSINVESTMENTS
			Quoted		Total
			Investments		2019
			2020
Market value at beginning ofyear			596,480		580,362
Addtdons to invesbnents at cost			7,704		11,092
Disposals at market value at the
beginning ofthe year			0		(38,041)
Net gain tqoss1 on revaluation			2 836		43 067
Market value at end ofyear			607 020		596480
Fhstorical cost at the end ofthe yeaz			592 438		584734
Umealised Inveshnent Gains and Losses
Net unrealised gmns tqosses) for the	year		2,836		43,067
Net unrealised gains (Iossesj foz previous
periods			11746		(313211
Total net unrealised gains tqosses1			14582		11746
Funds are invested in quoted investments		after receiving	professional	advice.
Whilst these investments can be redeemed		at short notice, nevertheless		they	are viewed
as medium tezm investments with a	view	to the funding of conversion		work	to
residential care ofproperty currently	utilised as flats for elderly residents

DEBTORS		2020	201
Accruals		55,192	8,256
Prepayments		6 079	4 725
		61271	12981
AJI debtors aze due within	one year.