2021-12-31-accounts - Maynard And Cotton's Hospital

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			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		8	to	15
Detailed Statement ofFinancial Activities			16

		2021	2020
		Unrestricted	Total
		funds	funds
	Notes
FIXEDASSETS
Tangible assets		69,325	72,095
Investments
Investments		831/13	717,180
Investment property		751490	751,390
		1,651,928	1,540,665
CURRENT ASSETS
Debtors	10	359	216
Cash at bank	11	240,542	220,243
		240,901	220,459
CREDITORS
Amounts falling due within one year	12	(17,955)	(21,357)
NET CURRENT ASSETS		222,946	199,102
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,874,874	1,739,767
NET ASSETS		1,874,874	1,739,767
FUNDS	13
Unrestricted funds		1,874,874	1,739,767
TOTAL FUNDS		1,874,874	1,739,767

			2021	2020
Rents received			19,125	25,665
Dividends on Investments			7,938	9,092
Deposit account interest			14	299
			27,077	35,056
SUPPORT COSTS
			Governance
		Other	costs	Totals
Other resources expended		18,036	4,805	22,841
Support costs, included	in the above, are as follows:
			2021	2020
			Other
			resources	Total
			expended	activities
Bank charges			125	111
Sundry expenses			103
Clerk's fees			14,838	17498
Prior's salary			200	400
Christmas gifts to residents				275
Depreciation oftangible	fixed assets		2,770	2,770
Accountancy			4,805	3,948
			22,841	24,902

						Unrestricted
						funds
						f,
INCOME	AND ENDOWMENTS FROM
Charitable	activities
Residents'	Accomodation					51,595
Investment	income					35,056
Total						86,651
EXPENDITURE ON
Charitable	activities
Residents'	Accomodation					28,918
Other						24,902
Total						53,820
Net gains on investments						36,365
NET INCOME						69,196
RECONCILIATION		OFFUNDS
Total funds brought		forward				1,670,571
TOTAL FUNDS CARRIED FORWARD						1,739,767
NET INCOMING (OUTGOING) RESOURCES
Net resources are stated			atter charging:
					2021	2020
Depreciation -freehold			properly
	improvements				2,770	2,770
Independent	examiners		fees	-Independent	500	452
				examination
				other services	4,305	3,496

TANGIBLE FIXEDASSETS
	Freehold
	property	Computer
	improvements	equipment		Totals
COST
At 1stJanuary 2021 and
31st December 2021	138,490	2,354		140,844
DEPRECIATION
At 1stJanuary 2021	669395	2,354		68,749
Charge for year	2,770			2,770
At 31stDecember 2021	69,165	2454		71,519
NET BOOKVALUE
At 31stDecember 2021	69425			69,325
At 31stDecember 2020	72,095			72,095
FIXEDASSETINVESTMENTS
The National Association ofAlmshouses
Common Investment Fund
	NAACIF	COIF
	Income Ck	Income	9fr
	Accumulation	Accumulation
	Shares	Shares f		Total
Market Value 1stJanuary 2021	151,066	566,114		717,180
Additions at Cost	4,870			4,871
Net Gain on Revaluation	14,900	94,263		109,163
Market Value 31stDecember 2021	170,836	660,377		831,213
Historical Cost at 31December 2021 6162,328 (31December 2020f157,457),
INVESTMENT PROPERTY
FAIR VALUE
At 1stJanuary 2021
and 31stDecember 2021				751,390
NET BOOKVALUE
At 31stDecember 2021				751490
At 31stDecember 2020				751,390

10.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
				2021	2020
					6
	Other debtors			359	216
11.	CASH AT BANK
				2021	2020
				Total	Total
				funds	funds
	Current account			26,533	106,248
	COIF charities deposit account			214,009	113,995
	Total			240,542	220,243
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2021	2020
	Accruals and deferred income			17,955	21,357
13.	MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.1.21	in funds	31.12.21
	Unrestricted funds
	Revenue Reserve		1,739,767	135,107	1,874,874
	TOTAL FUNDS		1,739,767	135,107	1,874,874
	Net movement in funds, included	in the above are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
				f.
	Unrestricted funds
	Revenue Reserve	79,183	(53439)	109,163	135,107
	TOTAL FUNDS	79,183	(53439)	109,163	135,107

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
					f,
Unrestricted	funds
Revenue Reserve		86,651	(53,820)	36,365	69,196
TOTAL FUNDS		86,651	(53,820)	36,365	69,196

	Incoming	Resources	Gains and	Movement
	resources	expended f	losses	in funds
Unrestricted funds
Revenue Reserve	165,834	(107,059)	145,528	204,303
TOTAL FUNDS	165,834	(107,059)	145,528	204,303

	2021	2020
		f.
INCOME AND ENDOWMENTS
Investment income
Rents received Dividends on Investments Deposit account interest	19,125 7,938 14	25,665 9,092 299
	27,077	35,056
Charitable activities
Residents' contributions	52,106	51,595
Total incoming resources	79,183	86,651
EXPENDITURE
Charitable activities
Water Insurance Light and heat Telephone, net ofresidents' contributions General repairs and maintenance Professional Fees	3,400 3,628 12482 2,105 7,745 1)138	4,273 2,370 12,788 1,578 7,173 736
	30,398	28,918
Support costs
Other
Bank charges	125
Sundry expenses Clerk's fees Prior's salary Christmas gifts to residents Depreciation oftangible fixed assets	103 14)838 200 2)770	17,398 400 275 2,770
	18,036	20,954
Governance costs
Accountancy	4,805	3,948
Total resources expended	53439	53,820
Net income	25,944	32,831