| for the Year | Ended 31Au u |
st 2021 | |||||
|---|---|---|---|---|---|---|---|
| 31.08.21 | 31.08.20 | ||||||
| Notes | General | Almshouse | Tota I |
Total | |||
| to Accounts | Fund | Fund | funds | funds | |||
| f | f | f | f | ||||
| INCOMING | RESOURCES | ||||||
| Activities for Generating | Funds | ||||||
| Land Rents | 5,816 | 5,816 | 8,201 | ||||
| Common Goings |
7,800 | 7,800 | 8,405 | ||||
| Dividends | 13,765 | 13,765 | 14,643 | ||||
| Market tolls | & licences | 1,494 | 1,494 | 2,206 | |||
| Bank interest | 7 | 3 | 10 | 247 | |||
| Rent - Almshouses | 59,677 | 59,677 | 57,079 | ||||
| Donations, | legacies &grants | 100 | 12 110 | ||||
| Total Revenue Income |
28,982 | 59,680 | 88,662 | 102896 |
| 31.08.21 | 31.08.20 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | General | Almshouse | Total | Total | |||||
| to Accounts | Fund | Fund | funds | funds | |||||
| E | f | f | E | ||||||
| RESOURCES EXPENDED | |||||||||
| Donations 8 grants |
6,347 | 6,347 | 5,560 | ||||||
| Town clock | 0 | 288 | |||||||
| Buttercross | 1,567 | 1,567 | 7,349 | ||||||
| Castle Hills maintenance | 1,441 | 1,441 | 1,888 | ||||||
| Professional &, |
membership | fees | 375 | 719 | 1,601 | ||||
| Allowances and |
honorariums | 0 | 1,100 | ||||||
| Wages —Clerk |
2,771 | 2,771 | 5,542 | 4,601 | |||||
| MIscellaneous | expenses | 1,455 | 1,455 | 2,541 | |||||
| Market rates & Environmental | charges | 0 | 1,917 | ||||||
| Accountancy | 408 | 408 | 816 | 816 | |||||
| Repairs, maintenance | &cleaning | 8,696 | 8,696 | 8,699 | |||||
| Rates &water | 10 | 131 | 141 | 129 | |||||
| Office &admin | 42 | 28 | 70 | 460 | |||||
| Insurance | 2,426 | 1,120 | 3,546 | 3,666 | |||||
| Light &heat | 42 | 42 | 37 | ||||||
| Mortgage interest | 12,085 | 12,085 | 13,903 | ||||||
| Total Revenue | Expenditure | 16,843 | 25,624 | 2, 66 | ke 555 | ||||
| NET INCOMING | RESOURCES | 12,139 | 34,057 | 46,196 | 48,341 |
| for the Year | Ended 31Au u |
st 2021 | ||||
|---|---|---|---|---|---|---|
| 31.08.21 | 31.08.20 | |||||
| Notes | Genera I |
Almshouse | Total | Total | ||
| to Accounts | Fund | Fund | funds | funds | ||
| E | f | E | 6 | |||
| RECONCIUATION OF |
FUNDS | |||||
| REVENUE INCOMING | RESOURCES | 12,139 | 34,057 | 46,196 | 48,340 | |
| CAPITAL INCOMING | RESOURCES | 6 | (7,081) | (16,456) | (23,537) | (42,086) |
| Total- surplus/(deficit) | 5,058 | 17,600 | 22,659 | 6,254 | ||
| OPERATING PROFIT/LOSS | ||||||
| Total Funds brought | forward 2020 | 218,436 | 20,933 | 239,369 | 233,115 | |
| Total Funds carried forward 2021 | 223,494 | 38,533 | 262,028 | 239,369 |
| for the Year | Ended 31Au u | st 2021 | ||||
|---|---|---|---|---|---|---|
| 31.08.21 | 31.08.20 | |||||
| Notes | Genera I |
Almshouse | Total | Tata I |
||
| to Accounts | Fund | Fund | funds | funds | ||
| f | f | f | f | |||
| ASSETS& LIABILITIES | ||||||
| Cash Funds | ||||||
| Barclays Bank | 4,378 | 4,378 | 5,249 | |||
| COIF General Deposit Fund |
125210002C | 38,312 | 38,312 | 51,570 | ||
| Barclays Bank | 14,446 | 14,446 | 10,655 | |||
| COIF A/Fl Deposit Fund 125210001C |
27 840 | 27,840 | 12,837 | |||
| Total Cash Funds | 42,690 | 42,286 | 84,976 | 80,311 | ||
| Investments at Valuation |
||||||
| COIF Charities Investment | Fund 125210001T | 204,937 | 204,937 | 155,441 | ||
| COIF Charities Property | Fund 125210001V | 37,620 | 37,620 | 34,935 | ||
| Charities Property Fund |
42,076 | 42,076 | 40,929 | |||
| M&G Charifund | 57,099 | 57,099 | 45,263 | |||
| COIF Charities Investment | Fund 125210001R | 587 | 587 | 485 | ||
| Schroders | 77 117 | 77 117 | 588 6 | |||
| Total Investments at Valuation |
419436 | 0 | 419 36 |
335 869 | ||
| Fixed Assets at Valuation | ||||||
| Goings (valued 2015) | 300,000 | 300,000 | 300,000 | |||
| Land (valued 2015) | 369,000 | 369,000 | 369,000 | |||
| Outney Road Almshouses |
(valued 2015) | 700,000 | 700,000 | 700,000 | ||
| Staithe Close Almshouses | (valued 2015) | 320,000 | 320,000 | 320,000 | ||
| Total Fixed Assets at Valuation | 669000 | 1020000 | 1689000 | 689200 |
| 31.08.21 | 31.08.21 | 31.08.20 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | General | Almshouse | Total | Total | |||||
| to Accounts | Fund | Fund | funds | funds | |||||
| f | f | f | f | ||||||
| Assets | |||||||||
| Bungay Community | Centre Loan | 33,634 | 33,634 | 26,553 | |||||
| Debtors (Goings, Market tolls) | 53 | 53 | 3,057 | ||||||
| Total Assets | 33 68 | 0 | 33 687 | 19610 | |||||
| Liabilities | |||||||||
| Charity Bank Mortgage |
354,596 | 354,596 | 365,802 | ||||||
| Almshouse | Association | Loan | 15,750 | 15,750 | 21,000 | ||||
| Creditors | 797 | 797 | 1,537 | ||||||
| Accountancy | 300 | 300 | 600 | 600 | |||||
| Total Liabilities | 1097 | 370606 | 37 | 7 3 | 388939 |
| for the | Year Ended 31Au us |
t 2021 | ||||
|---|---|---|---|---|---|---|
| 31.08.21 | ||||||
| General | Almshouse | Total | ||||
| Fund | Fund | funds | ||||
| E | f | E | ||||
| 1. Land Rents |
||||||
| Fen Farm Dairy Ltd | 4,800 | 4,800 | ||||
| UK Power Networks | 66 | 66 | ||||
| Payprop Client Account A H Cundy |
790 161 |
790 161 |
||||
| 5516 | 0 | 5,816 | ||||
| 2. Dividends |
||||||
| The Charities Property |
Fund | 1,691 | 1,691 | |||
| Schroders | 2,750 | 2,750 | ||||
| M&G Charifund | 2,487 | 2,487 | ||||
| Stow Fen | 100 | 100 | ||||
| COIF Accounts | 6,737 | 6,737 | ||||
| 13765 | 0 | 13,765 | ||||
| 3. Donations &Grants |
||||||
| Wish Upon a Star East Anglian Schools |
Trust | 1,500 1,100 |
1,5DO 1,100 |
|||
| Bungay Museum Trust Bungay Community Centre RBLWreath |
687 3,000 60 |
687 3,000 60 |
||||
| 6,347 | 6,347 | |||||
| 4. Professional & |
membership | Fees | ||||
| Durrants Land Fees |
303 | 303 | ||||
| Almshouse Association |
Membership | 216 | 216 | |||
| Housing Ombudsman Zoom |
72 | 56 72 |
56 144 |
|||
| 375 | 344 | 719 | ||||
| 5. Miscellaneous |
Expenses | |||||
| Hampers | 130 | 130 | ||||
| Websters Charity |
555 | 555 | ||||
| Drainage Rates |
90 | 90 | ||||
| Circle 67 Event Catering | 280 | 280 | ||||
| Photographs of Bungay |
400 | 400 | ||||
| 1,455 | 6 | 1455 |
| NOTES TO for the |
THE FINANC AL ST Year Ended 31Au |
ATEMENTS ust 2021 |
||
|---|---|---|---|---|
| 31.08.21 | 31.08.20 | |||
| General | Almshouse | Tota I |
Tota I |
|
| Fund | Fund | funds | funds | |
| f | f | f | f | |
| 6. Capital Incoming Resources |
||||
| Capital Account - Receipts | ||||
| Transfer between funds |
||||
| Ba relays 4038 to/from 8 a relays 4003 |
0 | 351 | ||
| COIF 125210001Cfrom Barclays 80164038 | 15,000 | 15,000 | 10,000 | |
| Town Dinner Acc from Barclays 40164003 | 100 | 100 | 0 | |
| Other | ||||
| Total Capital Receipts | 100 | 15,000 | 15,100 | 10351 |
| Capital Account - Payments | ||||
| Transfer between funds |
||||
| Barclays 80164038to/from Barclays 40164003 |
0 | 351 | ||
| Barclays 80164038to COIF 125210001C | 15,000 | 15,000 | 10,000 | |
| Barclays 40164003to Town Dinner Acc | 100 | 100 | 0 | |
| Other | ||||
| Charity Bank Mortgage Repayments |
11,206 | 11,206 | 10,283 | |
| Almshouse Association Loan Repayments |
5,250 | 5,250 | 5,250 | |
| Bungay Community Centre Loan |
7,081 | 7,081 | 26,553 | |
| Total Capital Payments | 7,181 | 31,456 | 38,637 | 52,437 |
| Total Capital Resources Expended | ~7082 | ~64 6 | ~23 537 | ~42 086 |