||||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|||
|INCOME|AND ENDOWMENTS FROM|||||
|Charitable|activities|||||
|Residents'|Accomodation|||52,106|51,595|
|Investment|income|||27,077|35,056|
|Total||||79,183|86,651|
|EXPENDITURE ON||||||
|Charitable|activities|||||
|Residents'|Accomodation|||30498|28,918|
|Other||||22,841|24,902|
|Total||||53439|53,820|
|Net gains on investments||||109,163|36,365|
|NET INCOME||||135,107|69,196|
|RECONCILIATION||OF FUNDS||||
|Total funds brought forward||||1,739,767|1,670,571|
|TOTAL FUNDS CARRIED FORWARD||||1,874,874|1,739,767|
##
|||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|
##
|Comparatives|for movement
in funds||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.1.20|in funds|31.12.20|
|Unrestricted|funds||||
|Revenue Reserve||1,670,571|69,196|1,739,767|
|TOTAL FUNDS||1,670,571|69,196|1,739,767|
|||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|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.1.20|in funds|31.12.21|
|Unrestricted|funds||||
|Revenue Reserve||1,670,571|204,303|1,874,874|
|TOTAL FUNDS||1,670,571|204,303|1,874,874|
||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|