## 

## 



## 

## 



## 

## 

## 

## 

## 






## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

||||FOR T|HE YEAR EN|DED 31MARCH 202|1||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Permanent|||
||||Unrestricted|Funds|Restricted|Funds|Endowment|Funds||
||||~see Note|4|(saee Note 5||~see Note 6||Total|
|||Notes|2021||2021||2021||2021|
||||6||E||E||E|
|INCOME AND ENDOWMENTS FROM:||||||||||
|Donations|||234||||||234|
|Charitable<br>Activities:||||||||||
|Accommodation<br>Charges|||235,847||||||235,847|
|Grants Receivable||||||||||
|Investment<br>Income|||1,082||||||1,082|
|TOTAL|||237,163||||||237,163|
|EXPENDITURE ON:||||||||||
|Charitable<br>Activities:||||||||||
|Almshouse<br>Costs||10|212,093||||||212,093|
|Housing<br>Property<br>Revaluation<br>Deficit||11|(7,940)||||||(7,940)|
|TOTAL|||204,153||||||204,153|
||||33,010||||||33,010|
|NET INVESTMENT GAINS/(LOSSES)||||||||||
|Unrealised<br>Investment<br>Gains/(Losses)||12|11,878||||||11,878|
|NET INCOME|||44,888||||||44,888|
|TRANSFERS BETWEEN|FUNDS||(30,322)||||30,322|||
|OTHER RECOGNISED GAINS/(LOSSES)||||||||||
|Gain on Revaluation|of Housing Properties||||15,373||474,313||489,686|
|NET MOVEMENT IN FUNDS|||14,566||15,373||504,635||534,574|
|RECONCILIATION<br>OF FUNDS:||||||||||
|Total Funds Brought|Forward||253,712||815,569||3,965,202||5,034,483|
|Total Funds Carried|Forward||268,278||830,942||4,469,837||5,569,057|





||||Notes||2021||
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||
|Housing<br>Properties|||11|||6,072,950|
|Investments|||12|||81,220|
|||||||6,154,170|
|CURRENT ASSETS|||||||
|Debtors|||13|7,781|||
|Cash at Bank|||14|285,004|||
|||||292,785|||
|CREDITORS: Amounts|falling due||||||
|within one year|||15|96,821|||
|NET CURRENT ASSETS||||||195,964|
|TOTAL ASSETS LESS CURRENT LIABILITIES||||||6,350,134|
|CREDITORS: Amounts|falling due after||||||
|more than one year|||16|||781,077|
|NET ASSETS|||18|||5,569,057|
|REPRESENTED BY:|||||||
|FUNDS AND RESERVES|||||||
|Permanent<br>Endowment||Funds||||4,469,837|
|Restricted<br>Funds||||||830,942|
|Unrestricted<br>Funds||||||268,278|
|||||||5,569,057|





## 

## 



## 

## 

## 

## 

## 

## 



## 

## 



## 

|||||||||Revenue|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Reserve|Reserve|Reserve||Total|
||||||Notes|2021|2021|2021|2021||
|||||||||E|||
|INCOME AND ENDOWMENTS|FROM:||||||||||
|Voluntary<br>Income —Donations||||||||234||234|
|Charitable<br>Activities:|||||||||||
|Almshouse<br>Income||||||||235,847|235,847||
|Investment<br>Income||||||||1082|1,082||
|TOTAL||||||||237 163|237,163||
|EXPENDITURE ON:|||||||||||
|Charitable<br>Activities:|||||||||||
|Almshouse<br>Costs|||||10|38,066||174,027|212,093||
|Housing<br>Property revaluation||deficit|||11|||(7,940)|(7|940)|
|TOTAL||||||38,066||166,087|204,153||
|||||||(38,066)||71,076|33,010||
|NET GAINS/(LOSSES)<br>ON INVESTMENTS|||||||||||
|Unrealised|||||12|7,230||4,648|11,878||
|NET INCOME/(EXPENDITURE)||||||(30,836)||75,724|44,888||
|TRANSFERS BEIWEEN FUNDS|||||||||||
|Permanent<br>Endowment<br>Funds|||||||||||
|Housing Property additions||in|year|||||(30,322)|(30,322)||
|Housing<br>Property grants received||||in year|||||||
|Housing Property depreciation|||charge for year||||||||
|Housing<br>Loan advance<br>in year|||||||||||
|||||||||(30,322)|(30,322)||
|Restricted<br>Funds|||||||||||
|Housing<br>Property<br>depreciation|||charge for year||||||||
|Provision for the year||||||33,474|21,691|(55,165)|||
|Contributions<br>towards<br>extraordinary||||repairs|||(21,691)|21,691|||
|||||||33,474||(63796)|(30|322)|
|NET MOVEMENT IN FUNDS||||||2,638|||14|566|
|RECONOLIATION<br>OF FUNDS:|||||||||||
|Total Funds Brought Forward||||||111,588||142,124|253,712||
|Total Funds Carried Forward||||||114,226||154,052|268,278||





## 

## 

|ESTRICTED FUNDS||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||1—7Winnocks||
||||||||Colchester BC|Colchester BC||
|||||||Grant Fund|Grant Fund|Grant Fund|Total|
||||||Notes|2021|2021|2021|2021|
|||||||E|E||5|
|INCDME AND ENDOWMENTS|||FROM:|||||||
|Charitable<br>Activities:||||||||||
|Grants Receivable||||||||||
|TOTAL||||||||||
|NET INCOME||||||||||
|TRANSFERS BEIWEEN||FUNDS||||||||
|Revenue Reserve||||||||||
|Housing Property|depreciation|||charge for year||||||
|OTHER RECOGNISED GAINS/(LOSSES)||||||||||
|Gain on Revaluation||of Housmg||Properties||12,623|91|2,659|15,373|
|NET MOVEMENT IN FUNDS||||||12,623|91|2,659|15,373|
|RECONCILIATION<br>OF FUNDS:||||||||||
|Total Funds Brought||Forward||||366,154|2,668|446,747|815,569|
|Total Funds Carried||Forward||||378,777|2,759|449,406|830,942|





## 

## 

## 

|TRANSFERS BETWEEN FUNDS|||
|---|---|---|
|Revenue Reserve|||
|Housing<br>Property<br>additions<br>in year|||
|Housing<br>Property grants received||in year|
|Housing<br>Property depreciation|charge for year||
|Housing<br>Loan advance<br>in year|||
|OTHER RECOGNISED GAINS/(LOSSES)|||
|Gain on Revaluation<br>of Housing|Properties||
|NET MOVEMENT<br>IN FUNDS|||
|RECONCILIATION<br>OF FUNDS:|||
|Total Funds Brought Forward|||
|Total Funds Carried Forward|||



||Charitable|Fund|Pro|e||||
|---|---|---|---|---|---|---|---|
||Reserve||||Revaluation|Reserve|Total|
|Notes|2021||||2021||2021|
||30,322||||||30,322|
||30,322||||||30,322|
||64,875||||409,438||474,313|
||95,197||||409,438||504,635|
||2,065,976||||1,899,226||3,965,202|
||2,161,173||||2,308,634||4,469,837|





## 

|7.|HOUSING STOCK||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021|
||Lettable Units||||||||||
||1-8,10,12, 14,16,|17,|19-28,30|Kendalls Terrace, Colchester,|||||Essex|24|
||1A-1B,2-6, 7A-78, 8-12,14-18Winnocks Terrace, Colchester,||||||||Essex|19|
|||||||||||43|
||The development<br>of|1—78Winnocks was completed|||||by|29 October 2019.|||
|8.|ALMSHOUSE INCOME||||||||||
|||||||||||2021|
||Accommodation<br>Charges||||||||||
||Weekly Maintenance||Contributions||Receivable|||||246,939|
||Less: Losses from|Voids||||||||(22,032)|
|||||||||||224,907|
||Gas Contributions|Receivable||||||||9,192|
||Water Contributions||Receivable|||||||1,748|
|||||||||||235,847|
|9.|INVESTMENT INCOME||||||||||
|||||||||||2021|
|||||||||||f|
||Interest receivable from unlisted|||investments||being:|||||
||COIF Deposit Account interest|||||||||61|
||Interest and Dividends||receivable|from listed||investments||being:|||
||NAACIF Income Shares|||||||||1,010|
||Wayleaves|||||||||11|
|||||||||||1,082|





## 

## 

|MSHOUSE COSTS||||||
|---|---|---|---|---|---|
|||||2021||
|Revenue Reserve||||||
|Expenditure<br>on Letting Housing Accommodation||||||
|CouncilTax|||1,175|||
|Water Charges|||3,290|||
|Gas and Electricity|||12,075|||
|Central Heating Maintenance|||8,502|||
|Insurance|||3,736|||
|Warden's<br>Salary|||2,800|||
|Telephone<br>and Broadband|||2,670|||
|Day to Day Maintenance|||13,332|||
|Extraordinary<br>Repairs|||33,191|||
|Garden Maintenance|||10,847|||
|Careline|||4,710|||
|Cleaning|||580|||
|Bad Debts Written<br>Off|||475|||
|Sundry Expenses|||364|||
|Housing<br>Loan Interest Charges|||40,536|||
|Depreciation<br>of Housing Properties||||||
|Depreciation<br>of Fixtures and Fittings||||||
||||||138,283|
|Support Costs —Governance||Costs||||
|Warden's<br>Salary|||2,800|||
|Clerk's Fees and Expenses|||24,600|||
|Auditors'<br>Remuneration|||1,458|||
|Accountancy<br>Fees|||5,412|||
|Legal and Professional|Fees||306|||
|Subscriptions|||295|||
|Bank Charges|||370|||
|Sundry Expenses|||473|||
||||||35,744|
||||||174,027|
|Cyclical Maintenance<br>Reserve||||||
|Cyclical Maintenance|||||38,066|
||||||212,093|





## 

## 

## 

|HOUSING PROPERTIES||||||
|---|---|---|---|---|---|
||||Btoig|||
||||Winnocks|||
|||ito7|and|Total|Total|
||Land|Winnocks|Kendalls|2021||
||f||E|||
|COST OR VALUATION||||||
|At beginning<br>ofthe year|200,000|1,600,000|3,874,126|5,674,126||
|Addition<br>at cost||30,322||30,322||
|Revaluation<br>(deficit)/surplus||17,678|350,824|368,502||
|At end ofthe year|200,000|1,64&,000|4,224,950|6,072,950||
|DEPRECIATION||||||
|At beginning<br>ofthe year|||129,124|129,124||
|Charge forthe year||||||
|Adjustment<br>on revaluation|||(129,124)|(129,124)||
|At end ofthe year||||||
|NET BOOK VALUE||||||
|At beginning<br>ofthe year|200,000|1,600,000|3,745,002|5,545,002||
|At end ofthe year|200,000|1,648,000|4,224,950|6,072,950||
|FIXTURE AND FITTINGS||||||
|||||2021||
|||||E||
|COST||||||
|At beginning<br>ofthe year||||||
|Disposals||||||
|At end ofthe year||||||
|DEPRECIATION||||||
|At beginning<br>ofthe year||||||
|Charge forthe year||||||
|On Disposals||||||
|At end ofthe year||||||
|NET BOOK VALUE||||||
|At beginning<br>ofthe year||||||
|At end ofthe year||||||





## 

## 

## 

|NVESTMENTS|||||||
|---|---|---|---|---|---|---|
|||||||2021|
|||||||E|
|Listed Investments|||||||
|Market value at beginning<br>and end|||ofthe year|||59,342|
|Additions at cost||||||10,000|
|Unrealised<br>gains/(losses)||during the year||||11,878|
|Market value at end ofthe year||||||81,220|
|Cost at end ofthe year||||||65,558|
|Market value at end ofthe year comprises:|||||||
|28,839.286 (28,839.286) M &6 Charity Multi Asset||||Income Shares||25,505|
|244.492(186.046)|M|&6 Charity|Multi Asset Fund|Accumulation|Shares|24,374|
|265.178(265.178)|M|&6 Charity|Multi Asset Fund|Accumulation|Shares- ERF|26,436|
|523.69(Nil) CCLA COIF Fixed Interest Accumulation||||Shares||4,905|
|||||||81,220|
|The market value at end ofthe year is held forthe following funds:|||||||
|Cyclical Maintenance||Reserve||||47,673|
|Revenue Reserve||||||33,547|
|||||||81,220|
|DEBTORS|||||||
|||||||2021|
|Contributions<br>in Arrears||||||5,426|
|Other Debtors||||||403|
|Prepayments<br>and Accrued Income||||||1,952|
|||||||7,781|
|ASH AT BANK|||||||
|||||||2021|
|Bank Current Account||||||123,496|
|COIF Deposit Account||||||161,508|
|||||||285,004|
|REDITORS: Amounts|falling due||||||
|within one year|||||||
|||||||2021|
|||||||6|
|Housing<br>Loan (SeeNote||17)||||18,923|
|Contributions<br>in Advance||||||6,923|
|Other Creditors||||||61,136|
|Accruals||||||9,839|
|||||||96,821|



## 

## 

## 



## 

## 

## 


||||2021||
|---|---|---|---|---|
|Due|Within One Year|||18,923|
|Due|in One to Two Years|19,903|||
|Due|in Two to Five Years|65,983|||
|Due|in More Than Five Years|695,191|||
|||||781,077|
|||||800,000|



## 

## 

||||||Fixed|Assets|Net|Current||
|---|---|---|---|---|---|---|---|---|---|
||||||~Tan ible||Assets Less|||
||||||Fixed||~Lon|Term||
||||||Assets|Investments|Loan||Total|
||||||E|E||E|f|
|Permanent<br>Endowment|||Funds|||||||
|Charitable|Fund Property Reserve||||2,961,173||(800,000)||2,161,173|
|Housing Properties||Revaluation||Reserve|2,308,664||||2,308,664|
|Restricted<br>Funds||||||||||
|Social Housing<br>Grant|||Fund||378,777||||378,777|
|Colchester|BCGrant|Fund|||2,759||||2,759|
|1—7Winnocks Colchester BCGrant Fund|||||449,406||||449,406|
|Unrestricted|Funds|||||||||
|Designated|Reserves|||||||||
|Cyclical|Maintenance||Reserve|||47,673||66,553|114,226|
|Revenue Reserve|||||(27,829)|33,547|148,334||154,052|
||||||6,072,950|81,220|(585,113)||5,569,057|





## 

||||||2021|
|---|---|---|---|---|---|
|Warden||||||
|The aggregate||payroll cost ofthis|person|was as follows:||
||||||2021|
||||||f|
|Salaries and||Wages|||9,600|
|The Warden|payroll cost is apportioned|||as follows:||
|Expenditure<br>on Letting Housing Accommodation||||||
|Support||Costs- Governance|Costs|||



## 

## 

## 

## 

## 

## 

## 

|INANCIAL COM|MITMEN|TS||
|---|---|---|---|
||||2021|
||||6|
|Authorised<br>but|not contracted for:|||
|Replacement|guttering|at Kendalls Terrace|6,840|
|Refurbishment|works|at 3 and 6 Kendalls Terrace|8,140|
|Refurbishment|works|to 16Kendalls Terrace||
|Refurbishment|works|to 14Kendalls Terrace||
||||14,980|





## 

||||||F|OR THE YEAR ENDE|D 31MAY|2021||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021||
|INCOME AND ENDOWMENTS||||||||||
|CHARITABLE ACTIVITIES||||||||||
|Weekly maintenance|contributions||||receivable||224,907|||
|Gas and water contributions|||receivable||||10,940|||
||||||||||235,847|
|INVESTMENT INCOME||||||||||
|COIF deposit account|interest||||||61|||
|NAACIF income shares|dividends||||||1,010|||
|Wayleaves|||||||11|||
||||||||||1,082|
|GRANTS RECEIVABLE||||||||||
|Grants receivable||||||||||
|VOLUNTARY<br>INCOME||||||||||
|Donations|||||||||234|
|TOTAL INCOMING<br>RESOURCES|||||||||237,163|
|EXPENDITURE||||||||||
|CHARITABLE ACTIVITIES||||||||||
|Council tax|||||||1,175|||
|Water charges|||||||3p290|||
|Gas and electricity|||||||12,075|||
|Central heating maintenance|||||||8,502|||
|Insurance|||||||3,736|||
|Warden's<br>salary|||||||2,800|||
|Telephone<br>and Broadband|||||||2,670|||
|Day to day maintenance|||||||13,332|||
|Cyclical maintenance|||||||38,066|||
|Extraordinary<br>repairs|||||||33,191|||
|Garden maintenance|||||||10,847|||
|Care)inc|||||||4,710|||
|Cleaning|||||||580|||
|Bad debts written<br>off|||||||475|||
|Sundry expenses|||||||364|||
|Housing<br>loan interest|charges||||||40,536|||
|Depreciation ofhousing properties||||||||||
|Depreciation offixtures and fittings||||||||||
||||||||||176,349|
|SUPPORT COSTS —GOVERNANCE||||COSTS||||||
|Wardens salary|||||||2,800|||
|Clerk's fees and expenses|||||||24,600|||
|Auditors'<br>remuneration|||||||1,458|||
|Accountancy<br>fees|||||||5,442|||
|Legal fees|||||||306|||
|Subscriptions|||||||295|||
|Bank charges|||||||370|||
|Sundry expenses|||||||473|||
||||||||||35,744|
||||||||||212,093|
|OTHER||||||||||
|Revaluation<br>deficit and depreciation|||||adjustment|on 1-7Winnocks|||(7,940)|
|TOTAL RESOURCES EXPENDED|||||||||204,153|
|NET INCOME BEFORE GAINS|||AND||LOSSES||||33,010|
|NET INVESTMENT GAINS/(LOSSES)||||||||||
|Unrealised<br>gains/(losses)||on investments|||||||11,878|
|NET INCOME|||||||||44,888|