| Page | |||
|---|---|---|---|
| Legal and administrative | information | ||
| Trustees' report | 2-3 | ||
| Statement oftrustees' | responsibilities | ||
| Independent examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 8-14 |
| Charity registration | Charity registration | number | 1162243 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Company | registration | number | 09355815 | ||||||
| Registered | Oftice | The Bedford Office | |||||||
| Woburn | |||||||||
| Milton Keynes | |||||||||
| MK17 9PQ | |||||||||
| Governing | instrument | Signed agreements | dated 30 | and 31 | January 2018 | ||||
| Charitable | objects | To benefit general | charitable | purposes, | including | the | relief | ||
| ofpoor pensioners | by the provision | and | maintenance | of | |||||
| housing. | |||||||||
| Trustees | His Grace The 15e | Duke of | Bedford | ||||||
| Her Grace The Duchess ofBedford | |||||||||
| DH Fox | |||||||||
| PV Lindon | |||||||||
| Secretary | KL Shurrock | ||||||||
| Bankers | RBSGroup | ||||||||
| 280 Bishopsgate | |||||||||
| London | |||||||||
| EC2M 4RB | |||||||||
| Solicitors | Boodle Hatfield | ||||||||
| 240 Blackfriars Road | |||||||||
| London | |||||||||
| SE1 8NW | |||||||||
| Honorary | auditors | Hillier Hopkins LLP | |||||||
| Chartered Accountants |
|||||||||
| Statutory Auditors |
|||||||||
| Radius House | |||||||||
| 51 Clarendon Road |
|||||||||
| Watford | |||||||||
| Herfordshire | |||||||||
| WDI7 1HP |
| Unrestricted | General Fund | Unrestricted | General Fund | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Year to31 | March 2021 | Year to31 | March 2020 | ||||||
| Notes | |||||||||
| Income from | |||||||||
| Rent | 155,111 | 145,653 | |||||||
| Interest | 291 | 1,955 | |||||||
| Dividends | 80 | ||||||||
| Administration | and | Management | charges | 515 | 1,906 | ||||
| Totalincome | 155,997 | 149,514 | |||||||
| Expenditure | on | ||||||||
| Charitable activities |
8,143 | 27,244 | |||||||
| Raising Funds | 38,782 | 87,226 | |||||||
| Total resources expended | 46,925 | 114,470 | |||||||
| Net incoming | / (outgoing) resources | 109,072 | 35,044 | ||||||
| Other nnrecognised | gains and losses | 4,514,855 | (695) | ||||||
| Net movement | in funds | 4,623,927 | 34,349 | ||||||
| Recondliation | offunds | ||||||||
| Fund balance | brought | forward | 2,496,539 | 2,462,190 | |||||
| Total funds transferred | into the charity | ||||||||
| Total funds carried | forward | 10 | 7,120,466 | 2,496,539 |
| 4 | Charitable activities |
Unrestricted | Unrestricted |
|---|---|---|---|
| 2021 | 2020 | ||
| Donations: | g | ||
| MK Snap | 5,000 | ||
| The Tavistock Trust for Aphasia | 5,000 | ||
| Friends ofBedford Hospital | 2,500 | ||
| NSPCC | 5,000 | ||
| Ride High | 2,500 | ||
| Canine Partners | 700 | ||
| Contact | 3,000 | ||
| The Sun Will Rise | 500 | ||
| Bedfordshire PCC |
600 | ||
| Age UK Camden | 5,000 | ||
| Support costs (note 5) | 2,543 | 3,044 | |
| 8,143 | 27,244 |
| 5 | Support costs | |||
|---|---|---|---|---|
| a) Breakdown | by activity | Unrestricted | Unrestricted | |
| 2021 | 2020 | |||
| Charitable activities |
||||
| Support cost relating to Donations | 2,543 | 3,044 | ||
| Raising funds | 2,893 | 3,439 | ||
| 5,436 | 6,483 |
| Charitable | Raising | Total | ||||
|---|---|---|---|---|---|---|
| activities | funds | |||||
| Legal and professional | fees | |||||
| Bank charges | 337 | 337 | ||||
| Sundry expenses | 13 | 13 | ||||
| Audit fee | 995 | 995 | 1,990 | |||
| Accountancy | and Administrative | costs | 1,548 | 1,548 | 3,096 | |
| 2.543 | 2.893 | 5,436 |
| 6 | Land and Buildings | ||
|---|---|---|---|
| Tangible Fixed Assets | |||
| Cost at 1 April 2020 | 2,195,839 | ||
| Transfer between classes - Freehold | -1,120,571 | ||
| Transfer between classes - Leasehold | -1,075,268 | ||
| At 31March 2021 | |||
| Investment Property |
|||
| Freehold Investment Property |
|||
| Valuation at 1 April 2020 |
|||
| Transfer between classes - Freehold | 1,120,571 | ||
| Improvements to property |
-period ended 31 March 2021 | 87,860 | |
| Surplus on revaluation | 3,514,069 | ||
| At 31March 2021 | 4,722,500 | ||
| Leasehold Investment Property |
|||
| Valuation at 1 April 2020 |
|||
| Transfer between classes - Leasehold | 1,075,268 | ||
| Surplus on revaluation | 999,732 | ||
| At 31March 2021 | 2,072,000 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Freehold Investment | Property | g | g | |
| Historic Cost | 1,120,571 | 484,111 | ||
| Improvements | to property | 87,860 | 636,460 | |
| 1,208,431 | 1,120,571 | |||
| Leasehold Investment |
Property | |||
| Historic Cost | 1,075,268 | 1,075,268 |
| 7 | Investments | at market value | ||||
|---|---|---|---|---|---|---|
| Listed | Investments | |||||
| Balance at 1 | April 2020 | 1,081 | ||||
| 1,148Barclays PLC shares of25p each | ||||||
| Movement | in valuation | 1,054 | ||||
| Balance at 31 | March 2021 | 2,135 | ||||
| 8 | Debtors | |||||
| 2021 | 2020 | |||||
| g | ||||||
| Rent Debtors | 10,417 | 9,299 | ||||
| Prepaid Expenses | 3,029 | 10,437 | ||||
| 13,446 | 19,736 | |||||
| 9 | Creditors | |||||
| 2021 | 2020 | |||||
| g | ||||||
| Trade creditors | 40,215 | 71,575 | ||||
| Accrued expenses | 7,474 | 9,172 | ||||
| Prepaid rent | 9,455 | 8,717 | ||||
| 57,144 | 89,464 | |||||
| 10 | Analysis ofnet assets between funds | |||||
| Fixed assets | Net Current | Total | ||||
| assets | ||||||
| g | g | |||||
| Unrestricted | General Fund | |||||
| General Funds | 2,285,834 | 320,831 | 2,606,665 | |||
| Revaluation | Reserve | 4,513,801 | 4,513,801 | |||
| 6,799,635 | 320,831 | 7,120,466 |