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|||Page|
|---|---|---|
|Trustees'<br>report|||
|Statement<br>oftrustees'|responsibilities||
|Independent<br>auditors'|report||
|Statement<br>of Financial|Activities||
|Balance Sheet|||
|Notes to the accounts|||





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|||||Buckingham|Almshouses|Relief in Need|||
|---|---|---|---|---|---|---|---|---|
||||Notes|Restricted|Unrestricted|Unrestricted|Total|Total|
|INCOME AND EXPENDITURE||||Funds|Funds|Funds|2021|2020|
|Income from:|||||||||
|Donations<br>and legacies||||||515|515|515|
|Investments|||||1|2,770|2,771|2,779|
|Charitable<br>activities|||||66,617|2,763|69,380|61,694|
|Total income|||||66,618|6,048|72,666|64,988|
|Expenditure<br>on:|||||||||
|Direct charitable<br>expenditure||-grants||||3,914|3,914|505|
|Extension<br>and refurbishment||project||||||89,491|
|Charitable<br>activities|||||43,331|2,526|45,857|48,704|
|Total expenditure|||||43,331|6,440|49,771|138,700|
||||||23,287|(392)|22,895|(73,712)|
|Net gains on investments|||||3,400|15,836|19,236|(1,504)|
|Net income/(expenditure)|||||26,687|15,444|42,131|(75,216)|
|Transfers<br>between<br>funds|||||||||
|Net movement<br>in funds|||||26,687|15,444|42,131|(75,216)|
|Fund balances<br>brought|forward||||315,812|105,171|420,983|496,199|
|Fund balances carried|forward||||342,499|120,615|463,114|420,983|





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||||||Notes||2021||2020|
|---|---|---|---|---|---|---|---|---|---|
|Fixed assets||||||||||
|Investments|||||||132,587||104,903|
|Tangible assets|||||||531,025||546,582|
||||||||663,612||651,485|
|Current assets||||||||||
|Debtors||||||1,674||2,735||
|Cash at bank||and|in hand|||35,269||19,406||
|||||||36,943||22,141||
|Less current||liabilities||||||||
|Creditors:|amounts|||falling due||||||
|within one|year|||||(31,933)||(26,286)||
|Net current||assets|||||5,010||(4,145)|
|Total assets||less|current|||||||
|liabilities|||||||668,622||647,340|
|Creditors:|amounts|||falling due||||||
|after more|than one|||year|||(205,508)||(226,357)|
|Net assets|||||||463,114||420,983|
|Funds and||reserves||||||||
|Unrestricted||funds|||9||463,114||420,983|
|Restricted|funds||||10|||||
||||||||463,114||420,983|





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|2|Charitable<br>income<br>Unrestricted<br>funds|||2021f|2020<br>E|
|---|---|---|---|---|---|
||Buckingham<br>Almshouses|||||
||Maintenance<br>contributions|receivable||71,280|69,840|
||less: Voids|||(4,663)|(10,838)|
||Rents receivable|||||
||Total income from lettings|||66,617|59,002|
||Relief in need|||||
||Rents receivable|||2,763|2,692|
||Total income from charitable||activities|69,380|61,694|
||Units ofaccommodation|||12|12|



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|Charitable<br>a|ctivities||||||
|---|---|---|---|---|---|---|
|||2021|2021||2021||
|||Buckingham|Relief in|need|Total||
|||Almshouses|||||
|||E||E|||
|Repairs and maintenance||8,534||26||8,560|
|Lighting<br>and|heating|822||||822|
|Insurance||1,859||406||2,265|
|Council tax||569||||569|
|Professional|fees|||2,064||2,064|
|Bank charges|and fees|152||||152|
|Loan interest||7,966||||7,966|
|Depreciation||15,557||||15,557|
|Secretarial services||4,620||||4,620|
|Audit fees||1,980||||1,980|
|Sundries||1,036||30||1,066|
|Subscriptions||236||||236|
|||43,331||2,526||45,857|





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|||||2020|2020||2020||
|---|---|---|---|---|---|---|---|---|
|||||Buckingham|Relief in|need|Total||
|||||Almshouses f||f|||
|Repairs and maintenance||||5,567||50||5,617|
|Lighting<br>and <br>insurance|heating|||1,556<br>1,969||407||1,556<br>2,376|
|Council tax||||2,559||||2,559|
|Professional|fees|||1,406||1,200||2,606|
|Bank charges|and fees|||172||||172|
|Loan Interest||||10,301||||10,301|
|Depreciation||||15,557||||15,557|
|Secretarial services||||4,410||||4,410|
|Audit fees||||1,980||||1,980|
|Sundries||||1,311||30||1,341|
|Subscriptions||||229||||229|
|||||47,017||1,687||48,704|
||||||2021||2020||
|Amounts<br>payable<br>in respect|||||||||
|of: audit services||||||1980||1980|
|other services||||||182|||
|Fixed asset|investment||||||||
|||||Charities|Charities||Total||
||||M&G Charity|Official|Deposit||||
||||Multi-Asset|Investment|Account||||
||||Fund (formerly|Fund-|||||
||||National|accumulation|||||
||||Association of|units|||||
||||Almshouses||||||
||||CIFshares)||||||
|Cost or valuation|||||||||
|At 1st April|2020||9,269|75,642|19,992|||104,903|
|Additions|||8,350|||98||8,448|
|Withdrawals|||||||||
|Increase/(decrease)||on revaluations|3,400|15,836||||19,236|
|At 31st March 2021|||21,019|91,478|20,090|||132,587|



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||||Christ's|Hospital|Church Street|Total||
|---|---|---|---|---|---|---|---|
||||Almshouses||Almshouses|||
||||Refurbishment||Refurbishment|||
||Cost|||||||
||At 1 April 2020|||591,150|37,338||628,488|
||Additions|||||||
||Disposals|||||||
||At 31 March|2021||591,150|37,338||628,488|
||Depreciation|||||||
||At 1 April 2020|||70,704|11,202||81,906|
||Charge for the year|||11,823|3,734||15,557|
||On disposals|||||||
||At 31 March|2021||82,527|14,936||97,463|
||Net book value|||||||
||At 31 March|2021||508,623|22,402||531,025|
||At 31 March|2020||520,446|26,136||546,582|
|7|Debtors||||2021||2020|
||Prepayments|&accrued income|||1,674||2,735|
||||||1,674||2,735|
|8|Creditors|||||||
||(a) Amounts|falling due within one year|||2021||2020|
||||||||E|
||Bank loan||||20,990||20,520|
||Accruals<br>and Deferred income||||10,943||5,766|
||||||31,933||26,286|
||(b) Amounts|falling due after one year||||||
||||||2021||2020|
||||||||E|
||Bank loan||||205,508||226,357|





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||||||||Buckingham|Buckingham|Almshouses|Relief in need|Total||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Undesignated||Designated|Undesignated|||
|9|Unrestricted<br>funds||||||funds||funds|funds|Unrestricted|funds|
||At 1st April 2020||||||306,543||9,269|105,171||420,983|
||Net incoming<br>resources/(resources||||||||||||
||expended)<br>for the year|||||||23,287||(392)||22,895|
||Withdrawals<br>(see note 5)||||||||||||
||Appropriations<br>in the year|||||||(8,350)|8,350||||
||Surplus<br>on revaluations|in|year||||||3,400|15,836||19,236|
||Transfer from restricted|funds|||||||||||
||At 31st March 2021||||||321,480||21,019|120,615||463,114|
||Designated<br>funds||||||||Cyclical<br>Maintenance<br>Fund|Extraordinary<br>Repair Fund|Total Designated<br>Funds||
||At 1st April 2020||||||||9,269|||9,269|
||Appropriations<br>in the year||||||||11,750|||11,750|
||Withdrawals<br>(see note 5)||||||||||||
||At 31st March 2021||||||||21,019|||21,019|
||The designated<br>funds represent||||amounts|set|aside to carry out||||||
||cyclical and extraordinary||repairs||on housing||properties,|and is|||||
||represented<br>by the investment|||in|NAA CIF shares (see|||note 5)|||||
|0|Analysis of net assets|between|||funds||||||||
|||||||||||Current and|||
|||||||||||long term|||
||||||||Fixed|assets|Current assets|liabilities|Total||
|||||||||E|E||||
||Unrestricted<br>funds||||||663,612||36,943|(237,441)||463,114|
||Restricted<br>funds||||||||||||
||At 31 March 2021||||||663,612||36,943|237,441||463,114|