##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
||||Notes|funds
E|funds
f|funds
E|funds
E|funds
f|
|INCOME AND ENDOWMENTS|||||||||
|FROM|||||||||
|Charitable
activities|||||||||
|Almshouse
activity||||269,314|||269,314|264,809|
|Investment
income|||3|5,507|||5,507|1,148|
|Total||||274,821|||274,821|265,957|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|Almshouse
activity||||268,186|||268,186|188,166|
|Other||||||||(27,829)|
|Total||||268,186|||268,186|160,337|
|||||6,635|||6,635|105,620|
|Net gains/(losses)
investments|on|||(1,609)|||(1,609)|4,242|
|NET INCOME||||5,026|||5,026|109,862|
|Transfers between||funds|18|(19,903)||19,903|||
|Other recognised|gains/(losses)||||||||
|Gains on revaluation||offixed|||||||
|assets||||||1p154275|1~154p275|515422|
|Net movement
in|funds|||(14,877)||1p174p178|1159p301|625 284|
|RECONCIUATION|OF FUNDS||||||||
|Total funds brought||forward||359~217|830g942|Sg004J182|6J194~341|Sp569 057|
|TOTAL FUNDS CARRIED|||||||||
|FORWARD||||344,340|830,942|6,178,360|7,353,642|6,194,341|
##
##
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|||Llnrestrlcted|Restricted|Endowment|Total|Total|
|||funds|funds|funds|funds|funds|
||Notes|E|E|f|E|E|
|FIXEDASSETS|||||||
|Tangible assets
Investments|11
12|122,519|830,942|6,9394534|7,770,476
122,519|6,6161202
85,462|
|||122519|830942|6939534|78925995|6 7011664|
|CURRENT ASSETS|||||||
|Debtors|13|11,702|||11,702|8,395|
|Cash at bank||238,668|||2381668|294,452|
|||250,370|||250,370|302,847|
|CREDITORS|||||||
|Amounts
falling due within one
year|14|(28,549)||(20,726)|(49,275)|(48,996)|
|NET CURRENT ASSETS||221,821||~63|2,
5|253 651|
|TOTAL ASSETS LESS CURRENT
LIABILITIES||344,340|830,942|6,918,808|8,094,090|6,955,515|
|CREDITORS|||||||
|Amounts
falling due after more
than one year|15|||(740,448)|(740,448)|(761,174)|
|NET ASSETS||344,340|830,942|6,178,360|7,353,642|6,194,341|
|FUNDS|18||||||
|Unrestricted
funds|||||344,340|359,217|
|Restricted funds|||||830,942|830,942|
|Endowment
funds|||||6,178,360|5,004, 182|
|TOTAL FUNDS|||||2,
,642|6 5,341|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||E|E|
|Dividends|receivable||||1,009|952|
|Interest receivable|||||4,498|196|
||||||5,507|1,148|
|INCOME|FROM CHARITABLE ACTIVITIES||||||
||||||2023|2022|
||||||Almshouse|Total|
||||||activity
E|activities
f|
|Contributions||received|||262,165|256,589|
|Losses from||voids|||(5,487)|(3,262)|
||||||256,678|253,327|
|Gas contributions|||receivable||10,356|9,232|
|Water contributions||||receivable|2,280|2,250|
||||||269,314|264,809|
|5.|CHARITABLE ACTIVITIES COSTS||||||
|---|---|---|---|---|---|---|
||||Direct||Support||
||||Costs|(see|costs (see||
||||note|6)|note 7)|Totals|
||||E||E|E|
||Almshouse
activity||224,969||43,217|268,186|
|6.|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||
||||||2023|2022|
||||||E|f|
||Staff costs||||2,400|2,400|
||Vacant property
costs
Water charges
Insurance||||157
4,147
4,237|923
3,911
3,888|
||Light and heat
Repairs and maintenance
Cyclical maintenance
Extraordinary
repairs
Gardening
Careline||||17,078
42,682
30,214
62,371
12,042
5,026|9,001
36,935
11,453
7,640
11,418
5,881|
||Qeaner
Telephone
Sundry expenses
Interest payable
and similar charges||||838
2,656
2,018
39,103|1,158
2,760
2,192
39,636|
||||||224,969|139,196|
|7.|SUPPORT COSTS||||||
||||||Governance||
|||Management|Finance||costs|Totals|
|||E|E||E|E|
||Almshouse
activity|33,293||324|9,600|43,217|
##
##
##
|SUPPORT COSTS -conti
Support costs, included|nued
in the above, are as follows:|||
|---|---|---|---|
|||2023|2022|
|||Almshouse|Tota I|
|||activity|activities|
|||E|E|
|Wardens
Salary
Clerks fees||2,400
25,800|2,400
25,350|
|Professional
fees||4,680|10,914|
|Subscrlptlons
Bank charges
Auditors'
remuneration||413
324
6,540|309
373
5,604|
|Auditors'
remuneration|for non audit work|3,060|2,916|
|Legal fees|||1,104|
|||43,217|48,970|
##
##
##
|STAFF|COS|TS|||
|---|---|---|---|---|
||||2023|2022|
||||f|E|
|Wages|and|salaries|4,800|4,800|
||||4,800|4,800|
##
|2023|2022|
|---|---|
|1|1|
##
|10.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|
||||||funds|funds|funds|funds|
||||||E|E|E|E|
||INCOME AND ENDOWMENTS|||FROM|||||
||Charitable
activities||||||||
||Almshouse
activity||||264,809|||264,809|
||Investment
income||||1,148|||1,148|
||Total||||265,957|||265,957|
||EXPENDITURE ON||||||||
||Charitable
activities||||||||
||Almshouse
activity||||188,166|||188,166|
||Other||||(27,829)|||(27,829)|
||Total||||160,337|||160,337|
||||||105,620|||105,620|
||Net gains on Investments||||4,242|||4,242|
||NET INCOME||||109,862|||109,862|
||Transfers between|funds|||(18,923)||18,923||
||Other recognised
gains/(losses)
Gains on revaluation
offixed assets||||||515,422|515,422|
||Net movement
In|funds|||90,939||534,345|625,284|
||RECONCILIATION|OF FUNDS|||||||
||Total funds brought||forward||268,278|830,942|4,469,837|5,569,057|
||TOTAL FUNDS CARRIED FORWARD||||359,217|830,942|5,004,182|6,194,341|
##
##
|TANGIBLE FIXEDA|SSET|S|||||
|---|---|---|---|---|---|---|
||||||Housing||
|||||Land|properties|Totals|
|||||E|E|E|
|COSTOR VALUATION
At 1June 2022
Revaluations||||200,000|6,416,201
1,154,275|6,616,201
1,154,275|
|At 31May 2023||||200,000|7,570,476|7,770,476|
|NET BOOK VALUE|||||||
|At 31May 2023||||200p000|7p570 476|7 770~476|
|At31May 2022||||200,000|6,416,201|6,616,201|
|Cost or valuation|at 31|May 2023 is represented|by:|E|E|E|
|Accumulated
revaluation
Cost||gains||200,000|3,778,361
3,792,115|3,978,361
3,792,115|
|||||200,000|7,570,476|7,770,476|
##
##
|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||Investments|
||f|
|MARKET VALUE
At 1June 2022
Additions
Revaluations|85,462
38,666
(1,609)|
|At31May 2023|122,519|
|NET BOOK VALUE
At 31May 2023|122419|
|At 31May 2022|85,462|
##
##
##
|||||||Usted|
|---|---|---|---|---|---|---|
|||||||investments|
|||||||f|
|Accumulated
Cost|revaluation|||gains||28,295
94,224|
|||||||122,519|
|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
||||||2023|2022|
||||||E|E|
|Contributions|in arrears||||8,974|5,788|
|Other debtors|||||229|1,082|
|Prepayments|and accrued|||Income|2,499|1,525|
||||||11,702|8,395|
|CREDITORS: AMOUNTS|||FALUNG DUE WITHIN ONE YEAR||||
||||||2023|2022|
||||||f|f|
|Bank loans and overdrafts
Contributions
In advance||||(see note 16)|20,726
10327|19,903
8,670|
|Other creditors|||||3,984|8,982|
|Accruals and|deferred||income||14,238|11,441|
||||||49,275|48,996|
|15.|CREDITORS: AMOUNTS
FALLING DUE AFTER MORE THAN ONE YEAR|CREDITORS: AMOUNTS
FALLING DUE AFTER MORE THAN ONE YEAR|||
|---|---|---|---|---|
||||2023|2022|
||||E|E|
||Bank loans (see note 16)||740,448|761,174|
|16.|LOANS||||
||An analysis
ofthe maturity
ofloans is given|below:|||
||||2023|2022|
||||E|E|
||Amounts
falling due within one year on demand:
Housing
Loan||20,726|19,903|
||Amounts
falling between one and two years:
Housing
loan 1-2 Years||22,110|20,726|
||Amounts
falling due between two and five
Housing
Loan 2-5 Years|years:|72,996|69,598|
||Amounts
falling due In more than five years;||||
||Repayable
by instalments:
Housing
Loan more than 5 Years||645,342|670,850|
|17.|SECURED DEBTS||||
||The following
secured debts are induded|within creditors:|||
||||2023|2022|
||||f|E|
||Bank loans||761,174|781,077|
##
|MOVEMENT
IN FUN|DS|||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.6.22|In funds|funds|31.5.23|
|||||E|E|E|E|
|Unrestricted
funds
Cyclical Maintenance
Extraordinary
Repair
Revenue
Reserve|Reserve
Reserve|||139,717
14,653
204,847|(34,095)
(59,507)
98,628|(63,834)
123,445
(79,514)|41,788
78,591
223,961|
|||||359,217|Sp026|(19,903)|344,340|
|Restricted funds
Social Housing
Grant Fund
Colchester
BCGrant Fund
1-7Winnocks Colchester||BCGrant Fund||378,777
2,759
449,406|||378,777
2,759
449,406|
|||||830,942|||830,942|
|Endowment
funds
Charitable
Fund Property
Reserve
Housing
Properties
Revaluation
Reserve||||2p180,096
2,824,086|1,154,275|19,903|1,999,999
3,978,361|
|||||5,004,182|1,154,275|19,903|6,178360|
|TOTALFUNDS||||6,194,341|1,159,301||7,353,642|
|Net movement
In fu|n|ds, included|In the above|are as follows:||||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movement|
|||||resources
E|expended
E|losses
f|in funds
E|
|Unrestricted
funds||||||||
|Cyclical Maintenance
Extraordinary
Repair
Revenue Reserve||Reserve
Reserve||274,821|(30,214)
(62,371)
(175,601)|(3,881)
2p864
(592)|(34,095)
(59,507)
98,628|
|||||274,821|(268,186)|(1,609)|5,026|
|Endowment
funds
Housing Properties|Revaluation||Reserve|||1,154,275|1,154,275|
|TOTALFUNDS||||274,821|(268'186)|1p152 666|1~159p301|
##
##
|Comparatlves
for m|oveme|nt
in|funds|||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.6.21|In funds|funds|31.5.22|
|||||E|E|E|E|
|Unrestricted
funds
Cyclical Maintenance
Extraordinary
Repair
Revenue
Reserve|Reserve
Reserve|||114,226
154,052|(8,909)
(7,640)
126,411|34,400
22,293
(75,616)|139,717
14,653
204,847|
|||||268,278|109,862|(18,923)|359,217|
|Restricted funds||||||||
|Social Housing
Grant Fund
Colchester
BCGrant Fund
1-7Winnocks Colchester||BCGrant Fund||378,777
2,759
449,406|||378,777
2,759
449,406|
|||||830,942|||830,942|
|Endowment
funds||||||||
|Charitable
Fund Property
Reserve
Housing Properties
Revaluation
Reserve||||2,161,173
2,308,664|515,421|18,923|2,180,096
2,824,086|
|||||4,469,837|515,422|18,923|5,004,182|
|TOTAL FUNDS||||5,569,057|625,284||6,194,341|
|Comparative
net mo|vement
ln f|unds, included|in the above are|as follows;|||
|---|---|---|---|---|---|---|
||||Incommg|Resources|Gains and|Movement|
||||resources|expended|losses|In funds|
||||f|E|E|E|
|Unrestricted
funds|||||||
|Cyclical Maintenance
Extraordinary
Repair
Revenue
Reserve|Reserve
Reserve||265,956|(11,453)
(7,640)
(141,244)|2,544
1,698|(8,909)
(7,640)
126,411|
||||265,957|(160,337)|4,242|109,862|
|Endowment
funds|||||||
|Charitable
Fund Property Reserve
Housing
Properties
Revaluation
Reserve|||||515,422|515,422|
||||||515,422|515,422|
|TOTALFUNDS|||265,957|(160,337)|519,664|625,284|
##
##
##
##
##
##
##
||||2023|2022|
|---|---|---|---|---|
||||E|E|
|INCOME AND ENDOWMENTS|||||
|Investment
income|||||
|Dividends
Receivable|||1,009|952|
|Interest receivable|||4,498|196|
||||5,507|1,148|
|Charitable
acthdttes|||||
|Contributions
received|||262,165|256,589|
|Losses from voids|||(5,487)|(3,262)|
|Gas contributions
receivable|||10,356|9,232|
|Water contributions|receivable||2,280|2,250|
||||269,314|264,809|
|Total Incoming resources|||274,821|265,957|
|EXPENDITURE|||||
|Charitable
activities|||||
|Wardens
salary
Vacant property
costs
Water charges
Insurance|||2,400
157
4,147
4,237|2,400
923
3,911
3,888|
|Light and heat
Repairs and maintenance
Cydlcal maintenance
Extraordinary
repairs
Gardening
Careline|||17,078
42,682
30,214
62,371
12,042
5,026|9,001
36,935
11,453
7,640
11,418
5,881|
|Cleaner|||838|1,158|
|Telephone
Sundry expenses
Bank loan Interest|||2,656
2,018
39,103|2,760
2,192
39,636|
||||224,969|139,196|
|Other|||||
|Housing properties|revaluation|defldt reversal||(27,829)|
|Support costs|||||
|Management
Wardens
Salary
Carried forward|||2,400
2,400|2,400
2,400|
##
|||2023|2022|
|---|---|---|---|
|||E|E|
|Management
Brought forward
Clerks fees
Professional fees
Subscriptions||2,400
25,800
4,680
413|2,400
25,350
10,914
309|
|||33,293|38,973|
|Finance
Bank charges||324|373|
|Governance
costs
Auditors'
remuneration
Auditors'
remuneration
Legal fees|for non audit work|6,540
3,060|5,604
2,916
1,104|
|||9p600|9,624|
|Total resources expended||268,186|160,337|
|Net Income||6,635|105,620|