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2020-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to4
Statement ofTrustees'	Responsibilities
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements	9to 18

Trustees				P Robinson
				BGrenham
				BTConnolly
				A M Hannon
Principal	Office			4 Convent	Lane
				Braintree
				Essex
				CM7 9RN
Charity Registration			Number	1174261
Solicitors				Fisher Jones Greenwood
				102High Street
				Bi11ericay
				Essex
				CM12 9BY
Independent		Examiner		N Forsyth	FCA
				Lambe' Chapman		LLP
				Chaitered	Accountants		and Registered	Statutory	Auditors
				3 Warners	Mill
				Silks Way
				Braintree
				Essex
				CM7 3GB

					Total	Total
				Unrestricted	2020	2019
			Note
Income and Endowments		from:
Donations and legacies				689	689	6,383
Charitable activities				39,630	39,630	238,119
Im estment income				68,697	68,697	60,942
Other income						897
Total income				109.,016	109,016	306,341
Expenditure on:
Charitable activities				(362,155)	(362,155)	(776,001)
Other expenditure				(319,585)	(319,585)	(1,308.643)
Total expenditure				(681,740)	(681,740)	(2,084,644)
Gains/losses on investment		assets		41,138	41,138	658,895
Net movement in funds				(531,586)	(531,586)	(1,119,408)
Reconciliation offunds
Total funds brought	forvvard			9,436.,469	9,436,469	10,555,877
Total funds carried	forward		19	8,904,883	8,904,883	9,436,469

			biote
Fixed assets
Tangible assets			15	1,281,776	2,526,932
Investments				6,775,567	6,884,427
				8,057.343	9,411,359
Current assets
Debtors			17	4,444	9,357
Cash at bank	and in hand			975,501	140,252
				979,945	149,609
Creditors: Amounts		falling due within one year	18	(132,405)	(124,499)
Wet current	assets			847,540	25,110
i%et assets				8,904,883	9,436,469
Funds ofthe	charity:
Unrestricted	income	funds
Unrestricted	funds			8,904,883	9,436,469
Total funds			19	8,904,883	9,436,469

Asset class	Depreciation	method	and rate
Land and buildings	4%straight line basis		on buildings
Furniture and equipment	20%reducing	balance
Motor vehicles	25%reducing	balance

					Unrestricted
						Total	Total
					General	2020	2019
				Note
Rates					2,801	2,801	4,129
Sisters' residential		costs			155,297	155,297	44,382
Home overheads					13,557	13,557	42,237
Motor expenses					1,733	1,733	3,596
Staff entertaining					361	361	502
Bank charges					1,256	1,256	1,289
Depreciation	offreehold		propeity		16,092	16,092	44,792
Depreciation	offittings		and equipment		3,650	3,650	6,751
Depreciation	ofmotor vehicles				863	863	1,599
Registration	fees and publicity				35	35	18,856
Staff training							195
Water rates					600	600	1,617
Light, heat and povver					11,585	11,585	22,388
Insurance					15,320	15,320	13,615
Repairs and	maintenance				22,878	22,878	24,856
Telephone					6,447	6,447	12,169
Printing, postage and stationery					2,772	2,772	4,486
Charitable donations					19,206	19,206	2,297
Wages and salaries					26,868	26,868	389,038
Social security costs					640	640	19,352
Pension costs					206	206	6,638
Redundancy	costs						90,854
Governance	costs				59,988	59,988	20,363
					362,155	362,155	776,001
7 Other expenditure
					Unrestricted
						Total	Total
					General	2020	2019
Impairment	ofhxed assets				300,000	300,000	1,298,5 I I
Impairment	ofcurrent asset investments						10,132
(Profit)/loss	on sale oftangible fixed assets			held for
charity's oivn use					19,585	19,585
					319,585	319,585	1,308,643

					Unrestricted
					funds	Total	Total
					General	2020	2019
Audit fees
Audit ofthe		financial	statements				9,015
Independent	examiner		fees
Examination		ofthe financial		statements	3,000	3,000
Legal fees					55,234	55,234	11,348
Accountancy		fees			1,754	1,754
					59,988	59,988	20,363

Net outgoing	resources for the	year include:
				2020	2019
Audit fees					9,015
Impairment	loss on disposal of	fixed &current assets		300,000	1,308,643
Depreciation	offixed assets			20,605	53,142
(Profit)/loss	on sale oftangible	fixed assets held for charity's	own use	19,585	(897)

		2020	2019
Staff costs during	the year were:
Wages and salaries		26,868	389,038
Social security costs		640	19,352
Pension costs		206	6,638
Other staff costs			90,854
		27,714	505,882

2020	2019
No	No
		29

12 Independ	ent examiner's	remuneration
			2020	2019
Examination	ofthe financial	statements	3,000
13 Auditors'	remuneration
			2020	2019
Audit ofthe	financial statements			9,015

15 Tangible fixed assets
	Land and	Furniture	and
	buildings	equipment		Motor vehicles		Total
						K
Cost
At 1 January 2020	3,150,400	246,659			36,456	3,433,515
Disposals	(1,468,100)	(243,183)			(30,212)	(1,741,495)
Impairment	(300,000)					(300,000)
At 31 December 2020	1,382,300		3,476		6,244	1,392,020
Depreciation
At I January 2020	654,746	220,109			31,728	906,583
Charge for the year	16,092		3,650		863	20,605
Eliminated on disposals	(568,100)	(221,594)			(27,250)	(816,944)
At 31 December 2020	102,738		2,165		5,341	110,244
Net book value
At 31 December 2020	1,279,562		1,311		903	1,281,776
At 31 December 2019	2,495,654	26,550			4,728	2,526,932
16 Fixed asset investments
				2020		2019
Other investments				6,775,567		6,884,427
Other investments
				Other
				investments		Total
Cost or Valuation
At I January 2020				6,884,429		6,884,429
Revaluation					41,138	41,138
Amount withdravvn				(150,000)		(150,000)
At 31 December 2020				6,775,567		6,775,567
Net book value
At 31 December 2020				6,775,567		6,775,567
At 31 December 2019				6,884.,429		6,884,429

17 Debtors
			2020	2019
Prepayments			4,081	4,202
Other debtors			363	5,155
			4,444	9,357
18 Creditors: amounts	falling due within	one year
			2020	2019
Trade creditors			30	15
Other creditors			122,574	21,597
Accruals			9,801	102,887
			132,405	124,499
19 Funds

19 Funds
						Balance at
		Balance at 1			Other	31
		January	Incoming	Resources	recognised	December
		2020	resources	expended	gains/(losses)	2020
Unrestricted
General		9,436,469	109,016	(681,740)	41,138	8,904,883
						Balance at
		Balance at 1			Other	31
		January	Incoming	Resources	recognised	December
		2019	resources	expended	gains/(losses)	2019
Unrestricted	funds
General
Unrestricted	Funds	10,555,877	306,341	(2,084,644)	658,895	9,436,469

		Unrestricted	Total funds at
		funds	31 December
		General	2020
Tangible	fixed assets	1,281,776	1,281,776
Fixed asset investments		6,775,567	6,775,567
Current	assets	979,945	979,945
Current	liabilities	(132,405)	(132,405)
Total net assets		8,904,883	8,904,883
		Unrestricted	Total funds at
		funds	31December
		General	2019
Tangible	fixed assets	2,526,932	2,526,932
Fixed asset investments		6,884,427	6,884,427
Current	assets	149,609	149,609
Current	liabilities	(124,499)	(124,499)
Total net assets		9,436,469	9,436,469