| Page | |||
|---|---|---|---|
| Reference aad Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 7 |
| Report ofthe Independent Auditors |
8 | to | 11 |
| Statement ofFinancial Activities | 12 | ||
| Balance Sheet | 13 | to | 14 |
| Cash Flow Statement | 15 | ||
| Notes to the Cash Flow Statement | 16 | ||
| Notes to the Financial Statements | 17 | to | 24 |
| Detailed Statement ofFinancial Activities | 25 | to | 26 |
| 31.12.21 | 31.12.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 414,368 | 230,000 | 644,368 | 636,691 | |
| Charitable activities |
||||||
| Rental properties | 136,825 | 136,825 | ||||
| Investment income Total |
3 | 231876 646,244 |
366,825 | 231 876 1,013,069 |
205 692 842,383 |
|
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Rental properties | 155,554 | 155,554 | 149,093 | |||
| NET INCOME | 490,690 | 366,825 | 857,515 | 693,290 | ||
| Traasfers between funds | 16 | 136825 | ~136825 | |||
| Net movement in funds |
627,515 | 230,000 | 857,515 | 693,290 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 4,675,336 | 4,675,336 | 3,982,046 | ||
| TOTAL FUNDS CARRIED FORWARD | 5,3112851 | 230,000 | 5 532,851 | 4,675,336 |
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 10 | 5,209,155 | 5,209,155 | 4,671,172 | |
| CURRENT ASSETS | |||||
| Debtors Prepayments and accrued income Cash at bank |
11 | 3,993 179182 |
230,000 | 3,993 230,000 179182 |
4,171 30,000 34382 |
| 183,175 | 230,000 | 413,175 | 68,553 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (39,479) | (39,479) | (14,389) | |
| NET CURRENT ASSETS | 143,696 | 236 DDD | 373,696 | 54,164 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 5,352,851 | 230,000 | 5,582,851 | 4,725,336 | |
| CREDITORS | |||||
| Amounts falling due atter more than one |
|||||
| year | 13 | (50,000) | (50,000) | (50,000) | |
| NETASSETS FUNDS |
16 | 5,302,851 | 230,000 | 5,532,851 | 4,675,336 |
| Unrestricted funds Restricted funds TOTAL FUNDS |
5,302,851 230,000 5 532 851 |
4,675,336 4675 336 |
| Notes | 31.12.21 | 31.12.20 | |
|---|---|---|---|
| Cash flows from operating activities |
|||
| Cash generated from operations Interest paid Net cash provided by operating activities |
1 | 691,560 ~8803 682757 |
650,458 ~2297) 648,161 |
| Cash flows from investing activities |
|||
| Purchase oftangible fixed assets Interest received Net cash used in investing activities |
(537,983) 26 (537,957) |
(708,172) 30 (708,142) |
|
| Cash flows from financing activities |
|||
| New loans in year Net cash provided by financing activities |
50,000 50000 |
||
| Change in cash and cash equivalents | |||
| in the reporting period Cash and cash equivalents at the |
144,800 | (9,981) | |
| beginning ofthe reporting period Cash and cash equivalents at the end |
34,382 | 44,363 | |
| ofthe reporting period |
179,182 | 34,382 |
| ACTIVITIES | ||||
|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||
| f | f | |||
| Net income for the | reporting | period (as per the Statement of | ||
| Financial Activities) Adjustments for: |
857,515 | 693,290 | ||
| Interest received Interest paid Increase in debtors Increase/(decrease) Net cash provided |
in creditors by operations |
(26) 8,803 (199,822) 25,090 691,560 |
(30) 2,297 (31,372) ~75,7271 650,458 |
|
| ANALYSIS OF CHANGES | IN NET (DEBT)/FUNDS |
| At 1.1.21 | Cash flow | At 31.12.21 | ||
|---|---|---|---|---|
| f | ||||
| Net cash | ||||
| Cash at bank | 34382 | 144800 | 179182 | |
| 34,382 | 144,800 | 179,182 | ||
| Debt | ||||
| Debts falling due after | 1 year | (50,000) | (50,000) | |
| Total |
| for t | he Year Ended 3 | 1December 2021 |
1December 2021 |
1December 2021 |
1December 2021 |
1December 2021 |
|||
|---|---|---|---|---|---|---|---|---|---|
| 2. | DONATIONS | AND LEGACIES | |||||||
| 31.12.21 | 31.12.20 | ||||||||
| Donations | 2 | 21 | |||||||
| Legacies Transfer ofproperty and funds |
from Grandy Nook | 644,366 | 94,751 541919 |
||||||
| 644,368 | 636,691 | ||||||||
| 3. | INVESTMENT | INCOME | |||||||
| 31.12.21 | 31.12.20 | ||||||||
| f. | |||||||||
| Rents received Deposit account |
interest | 231,850 26 |
205,662 30 |
||||||
| 231,876 | 205,692 | ||||||||
| 4. | INCOME FROM | CHARITABLE ACTIVITIES | |||||||
| 31.12.21 | 31.12.20 | ||||||||
| Activity | |||||||||
| Grants | Rental properties | 136,825 | |||||||
| Grants received, | included | in the above, are as follows: | |||||||
| 31.12.21 | 31.12.20 | ||||||||
| SLDC Affordable Housing |
136,825 | ||||||||
| 5. | CHARITABLE | ACTIVITIES COSTS | |||||||
| Support | |||||||||
| Direct | costs (see | ||||||||
| Costs | note 6) | Totals | |||||||
| Rental properties | 95 240 | 60,314 | 155554 |
| 6. | SUPPORT COSTS | |||||
|---|---|---|---|---|---|---|
| Governance | ||||||
| Management | Finance | costs | Totals | |||
| Rental properties | 499 | 8,927 | 50,888 | 60,314 | ||
| 7. | NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated | after charging/(crediting): | ||||
| 31.12.21 | 31.12.20 | |||||
| Auditors' remuneration |
6 4,358 |
4,520 | ||||
| 8. | TRUSTEES' REMUNERATION | AND BENEFITS |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| f. | |||||
| INCOME | AND ENDOWMENTS FROM | ||||
| Donations | and legacies | 636,691 | 636,691 | ||
| Investment Total |
income | 205 692 842,383 |
205,692 842,383 |
||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Rental properties | 149,093 | 149,093 | |||
| NET INCOME | 693,290 | 693,290 | |||
| RECONCILIATION | OFFUNDS | ||||
| Total funds | brought | forward | 3,982,046 | 3,982,046 |
| for t | he Year Ended 31December 2021 | he Year Ended 31December 2021 | |||
|---|---|---|---|---|---|
| 9. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL | ACTIVITIES -continued | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 8 | |||||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 4,675,336 | 4,675,336 | |||
| 10. | TANGIBLE FIXEDASSETS | ||||
| Freehold | |||||
| property | |||||
| COST | 6 | ||||
| At 1 January 2021 Additions |
4,671,172 537953 |
||||
| At 31December 2021 NET BOOK VALUE |
5,209,155 | ||||
| At 31December 2021 | 5,239,155 | ||||
| At 31December 2020 | 4,671,172 | ||||
| 11. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.12.21 | 31.12.20 | ||||
| Rent arrears Prepayments |
886 3 107 |
1,801 ~2370 |
|||
| 3,993 | 4,171 |
| for t | he Year Ended 31December 2021 | ||
|---|---|---|---|
| 12. | CREDITORS: AMOUNTS FALLING | DUE WITHIN ONE YEAR | |
| 31.12.21 | 31.12.20 | ||
| Trade creditors Accrued expenses |
24,623 14,856 |
6,714 7,675 |
|
| 39,479 | 14,389 | ||
| 13. | CREDITORS: AMOUNTS FALLING | DUE AFTER MORE THAN ONE YEAR | |
| 31.12.21 | 31.12.20 | ||
| Bank loans (see note 14) | 50,000 | 50,000 | |
| 14. | LOANS | ||
| An analysis ofthe maturity ofloans is given below: | |||
| 31.12.21 | 31.12.20 | ||
| Amounts falling between one and two years: |
|||
| Bank loans - 1-2years | 50,000 | 50,000 | |
| 15. | SECURED DEBTS | ||
| The following secured debts are included |
within creditors: | ||
| 31.12.21 | 31.12.20 | ||
| Bank loans | 50000 | 50000 |
| MOVEMEN | T IN FUNDS | |||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.21 | in fundsf | funds | 31.12.21 | |||
| Unrestricted | funds | |||||
| General fund | 4,675,336 | 490,690 | 136,825 | 5,302,851 | ||
| Restricted funds | ||||||
| Capital grants Legacy to cover new houses in |
136,825 | (136,825) | ||||
| Grasmere | 230 000 366 825 |
~336825 | 230 000 23D DDD |
|||
| TOTAL FUNDS | 4,675,336 | 857,515 | 5,532,851 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expendedf | in fundsf | ||||
| Unrestricted | funds | |||||
| General fund | 646,244 | (155,554) | 490,690 | |||
| Restricted funds | ||||||
| Capital grants Legacy to cover new houses in |
136,825 | 136,825 | ||||
| Grasm ere | 230,000 | 230,000 | ||||
| TOTAL FUNDS | 366825 1,D13,069 |
~355,5563 | 366,825 857,515 |
|||
| Comparatives | for movement | in | funds | |||
| Net | ||||||
| movement | At | |||||
| At 1.1.20 | in fundsf | 31.12.20 f |
||||
| Unrestricted | funds | |||||
| General fund | 3,982,046 | 693,290 | 4,675,336 | |||
| TOTAL FUNDS | 3,982,046 | 693,290 | 4,675,336 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 842,383 | (149,093) | 693,290 | ||
| TOTALFUNDS | ~842 383 | ~149093 | 693290 | ||
| A current year | 12months | and prior year 12months combined | position is as follows: | ||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.1.20 | in funds | funds | 31.12.21 | ||
| Unrestricted | funds | ||||
| General fund | 3,982,046 | 1,183,980 | 136,825 | 5,302,851 | |
| Restricted funds | |||||
| Capital grants Legacy to cover new houses in |
136,825 | (136,825) | |||
| Grasmere | 230000 366 825 |
~736825 | 230 000 230 000 |
||
| TOTAL FUNDS | 3,982,046 | 1,550,805 | 5,532,851 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| f, | ||||
| Unrestricted | funds | |||
| General fund | 1,488,627 | (304,647) | 1,183,980 | |
| Restricted funds | ||||
| Capital grants Legacy to cover new houses in |
136,825 | 136,825 | ||
| Grasmere | 230,000 | 230,000 | ||
| 366825 | 366825 | |||
| TOTAL FUNDS | 1,855,452 | ~304,647 | 1,55D,8D5 |
| Detailed Statement for the Year Ended |
ofFinancial Activities 31December 2021 |
||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | |||
| Legacies Transfer ofproperty |
and funds &om Grandy | 2 644,366 |
21 94,751 |
| Nook | |||
| 341919 | |||
| 644,368 | 636,691 | ||
| Investment income |
|||
| Rents received Deposit account interest |
231,850 26 |
205,662 30 |
|
| 231,876 | 205,692 | ||
| Charitable activities |
|||
| Grants Total incoming resources |
136,825 1,013,069 |
842,383 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Rates and property expenses Insurance Property consultancy fees Repairs and maintenance Provision for bad debts Property related legal fees |
5,035 8,658 6,208 59,949 15,390 |
8,402 10,569 31,546 42,200 (1,150) |
|
| 95,240 | 91,567 | ||
| Support costs | |||
| Management | |||
| Advertising | 499 | 637 | |
| Finance | |||
| Bank charges Bank loan interest |
124 9393 |
7,645 2,297 |
|
| 8,927 | 9,942 |
| Detailed Statement of for the Year Ended 31 |
Financial Activities December 2021 |
||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| Finance | |||
| Governance costs |
|||
| Auditors' remuneration Legal and professional fees Management fees Trustees liability insurance Hall hire |
4,358 409 45,237 547 337 |
4,520 216 41,587 527 97 |
|
| Total resources expended Net income |
50 888 155,554 |
46 947 149,093 |
|
| 857,535 | 693,290 |
| Page | |||
|---|---|---|---|
| Reference aad Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 7 |
| Report ofthe Independent Auditors |
8 | to | 11 |
| Statement ofFinancial Activities | 12 | ||
| Balance Sheet | 13 | to | 14 |
| Cash Flow Statement | 15 | ||
| Notes to the Cash Flow Statement | 16 | ||
| Notes to the Financial Statements | 17 | to | 24 |
| Detailed Statement ofFinancial Activities | 25 | to | 26 |
| 31.12.21 | 31.12.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 414,368 | 230,000 | 644,368 | 636,691 | |
| Charitable activities |
||||||
| Rental properties | 136,825 | 136,825 | ||||
| Investment income Total |
3 | 231876 646,244 |
366,825 | 231 876 1,013,069 |
205 692 842,383 |
|
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Rental properties | 155,554 | 155,554 | 149,093 | |||
| NET INCOME | 490,690 | 366,825 | 857,515 | 693,290 | ||
| Traasfers between funds | 16 | 136825 | ~136825 | |||
| Net movement in funds |
627,515 | 230,000 | 857,515 | 693,290 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 4,675,336 | 4,675,336 | 3,982,046 | ||
| TOTAL FUNDS CARRIED FORWARD | 5,3112851 | 230,000 | 5 532,851 | 4,675,336 |
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 10 | 5,209,155 | 5,209,155 | 4,671,172 | |
| CURRENT ASSETS | |||||
| Debtors Prepayments and accrued income Cash at bank |
11 | 3,993 179182 |
230,000 | 3,993 230,000 179182 |
4,171 30,000 34382 |
| 183,175 | 230,000 | 413,175 | 68,553 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (39,479) | (39,479) | (14,389) | |
| NET CURRENT ASSETS | 143,696 | 236 DDD | 373,696 | 54,164 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 5,352,851 | 230,000 | 5,582,851 | 4,725,336 | |
| CREDITORS | |||||
| Amounts falling due atter more than one |
|||||
| year | 13 | (50,000) | (50,000) | (50,000) | |
| NETASSETS FUNDS |
16 | 5,302,851 | 230,000 | 5,532,851 | 4,675,336 |
| Unrestricted funds Restricted funds TOTAL FUNDS |
5,302,851 230,000 5 532 851 |
4,675,336 4675 336 |
| Notes | 31.12.21 | 31.12.20 | |
|---|---|---|---|
| Cash flows from operating activities |
|||
| Cash generated from operations Interest paid Net cash provided by operating activities |
1 | 691,560 ~8803 682757 |
650,458 ~2297) 648,161 |
| Cash flows from investing activities |
|||
| Purchase oftangible fixed assets Interest received Net cash used in investing activities |
(537,983) 26 (537,957) |
(708,172) 30 (708,142) |
|
| Cash flows from financing activities |
|||
| New loans in year Net cash provided by financing activities |
50,000 50000 |
||
| Change in cash and cash equivalents | |||
| in the reporting period Cash and cash equivalents at the |
144,800 | (9,981) | |
| beginning ofthe reporting period Cash and cash equivalents at the end |
34,382 | 44,363 | |
| ofthe reporting period |
179,182 | 34,382 |
| ACTIVITIES | ||||
|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||
| f | f | |||
| Net income for the | reporting | period (as per the Statement of | ||
| Financial Activities) Adjustments for: |
857,515 | 693,290 | ||
| Interest received Interest paid Increase in debtors Increase/(decrease) Net cash provided |
in creditors by operations |
(26) 8,803 (199,822) 25,090 691,560 |
(30) 2,297 (31,372) ~75,7271 650,458 |
|
| ANALYSIS OF CHANGES | IN NET (DEBT)/FUNDS |
| At 1.1.21 | Cash flow | At 31.12.21 | ||
|---|---|---|---|---|
| f | ||||
| Net cash | ||||
| Cash at bank | 34382 | 144800 | 179182 | |
| 34,382 | 144,800 | 179,182 | ||
| Debt | ||||
| Debts falling due after | 1 year | (50,000) | (50,000) | |
| Total |
| for t | he Year Ended 3 | 1December 2021 |
1December 2021 |
1December 2021 |
1December 2021 |
1December 2021 |
|||
|---|---|---|---|---|---|---|---|---|---|
| 2. | DONATIONS | AND LEGACIES | |||||||
| 31.12.21 | 31.12.20 | ||||||||
| Donations | 2 | 21 | |||||||
| Legacies Transfer ofproperty and funds |
from Grandy Nook | 644,366 | 94,751 541919 |
||||||
| 644,368 | 636,691 | ||||||||
| 3. | INVESTMENT | INCOME | |||||||
| 31.12.21 | 31.12.20 | ||||||||
| f. | |||||||||
| Rents received Deposit account |
interest | 231,850 26 |
205,662 30 |
||||||
| 231,876 | 205,692 | ||||||||
| 4. | INCOME FROM | CHARITABLE ACTIVITIES | |||||||
| 31.12.21 | 31.12.20 | ||||||||
| Activity | |||||||||
| Grants | Rental properties | 136,825 | |||||||
| Grants received, | included | in the above, are as follows: | |||||||
| 31.12.21 | 31.12.20 | ||||||||
| SLDC Affordable Housing |
136,825 | ||||||||
| 5. | CHARITABLE | ACTIVITIES COSTS | |||||||
| Support | |||||||||
| Direct | costs (see | ||||||||
| Costs | note 6) | Totals | |||||||
| Rental properties | 95 240 | 60,314 | 155554 |
| 6. | SUPPORT COSTS | |||||
|---|---|---|---|---|---|---|
| Governance | ||||||
| Management | Finance | costs | Totals | |||
| Rental properties | 499 | 8,927 | 50,888 | 60,314 | ||
| 7. | NET INCOME/(EXPENDITURE) | |||||
| Net income/(expenditure) | is stated | after charging/(crediting): | ||||
| 31.12.21 | 31.12.20 | |||||
| Auditors' remuneration |
6 4,358 |
4,520 | ||||
| 8. | TRUSTEES' REMUNERATION | AND BENEFITS |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| f. | |||||
| INCOME | AND ENDOWMENTS FROM | ||||
| Donations | and legacies | 636,691 | 636,691 | ||
| Investment Total |
income | 205 692 842,383 |
205,692 842,383 |
||
| EXPENDITURE ON | |||||
| Charitable | activities | ||||
| Rental properties | 149,093 | 149,093 | |||
| NET INCOME | 693,290 | 693,290 | |||
| RECONCILIATION | OFFUNDS | ||||
| Total funds | brought | forward | 3,982,046 | 3,982,046 |
| for t | he Year Ended 31December 2021 | he Year Ended 31December 2021 | |||
|---|---|---|---|---|---|
| 9. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL | ACTIVITIES -continued | |||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| 8 | |||||
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 4,675,336 | 4,675,336 | |||
| 10. | TANGIBLE FIXEDASSETS | ||||
| Freehold | |||||
| property | |||||
| COST | 6 | ||||
| At 1 January 2021 Additions |
4,671,172 537953 |
||||
| At 31December 2021 NET BOOK VALUE |
5,209,155 | ||||
| At 31December 2021 | 5,239,155 | ||||
| At 31December 2020 | 4,671,172 | ||||
| 11. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.12.21 | 31.12.20 | ||||
| Rent arrears Prepayments |
886 3 107 |
1,801 ~2370 |
|||
| 3,993 | 4,171 |
| for t | he Year Ended 31December 2021 | ||
|---|---|---|---|
| 12. | CREDITORS: AMOUNTS FALLING | DUE WITHIN ONE YEAR | |
| 31.12.21 | 31.12.20 | ||
| Trade creditors Accrued expenses |
24,623 14,856 |
6,714 7,675 |
|
| 39,479 | 14,389 | ||
| 13. | CREDITORS: AMOUNTS FALLING | DUE AFTER MORE THAN ONE YEAR | |
| 31.12.21 | 31.12.20 | ||
| Bank loans (see note 14) | 50,000 | 50,000 | |
| 14. | LOANS | ||
| An analysis ofthe maturity ofloans is given below: | |||
| 31.12.21 | 31.12.20 | ||
| Amounts falling between one and two years: |
|||
| Bank loans - 1-2years | 50,000 | 50,000 | |
| 15. | SECURED DEBTS | ||
| The following secured debts are included |
within creditors: | ||
| 31.12.21 | 31.12.20 | ||
| Bank loans | 50000 | 50000 |
| MOVEMEN | T IN FUNDS | |||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.21 | in fundsf | funds | 31.12.21 | |||
| Unrestricted | funds | |||||
| General fund | 4,675,336 | 490,690 | 136,825 | 5,302,851 | ||
| Restricted funds | ||||||
| Capital grants Legacy to cover new houses in |
136,825 | (136,825) | ||||
| Grasmere | 230 000 366 825 |
~336825 | 230 000 23D DDD |
|||
| TOTAL FUNDS | 4,675,336 | 857,515 | 5,532,851 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expendedf | in fundsf | ||||
| Unrestricted | funds | |||||
| General fund | 646,244 | (155,554) | 490,690 | |||
| Restricted funds | ||||||
| Capital grants Legacy to cover new houses in |
136,825 | 136,825 | ||||
| Grasm ere | 230,000 | 230,000 | ||||
| TOTAL FUNDS | 366825 1,D13,069 |
~355,5563 | 366,825 857,515 |
|||
| Comparatives | for movement | in | funds | |||
| Net | ||||||
| movement | At | |||||
| At 1.1.20 | in fundsf | 31.12.20 f |
||||
| Unrestricted | funds | |||||
| General fund | 3,982,046 | 693,290 | 4,675,336 | |||
| TOTAL FUNDS | 3,982,046 | 693,290 | 4,675,336 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General fund | 842,383 | (149,093) | 693,290 | ||
| TOTALFUNDS | ~842 383 | ~149093 | 693290 | ||
| A current year | 12months | and prior year 12months combined | position is as follows: | ||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.1.20 | in funds | funds | 31.12.21 | ||
| Unrestricted | funds | ||||
| General fund | 3,982,046 | 1,183,980 | 136,825 | 5,302,851 | |
| Restricted funds | |||||
| Capital grants Legacy to cover new houses in |
136,825 | (136,825) | |||
| Grasmere | 230000 366 825 |
~736825 | 230 000 230 000 |
||
| TOTAL FUNDS | 3,982,046 | 1,550,805 | 5,532,851 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| f, | ||||
| Unrestricted | funds | |||
| General fund | 1,488,627 | (304,647) | 1,183,980 | |
| Restricted funds | ||||
| Capital grants Legacy to cover new houses in |
136,825 | 136,825 | ||
| Grasmere | 230,000 | 230,000 | ||
| 366825 | 366825 | |||
| TOTAL FUNDS | 1,855,452 | ~304,647 | 1,55D,8D5 |
| Detailed Statement for the Year Ended |
ofFinancial Activities 31December 2021 |
||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | |||
| Legacies Transfer ofproperty |
and funds &om Grandy | 2 644,366 |
21 94,751 |
| Nook | |||
| 341919 | |||
| 644,368 | 636,691 | ||
| Investment income |
|||
| Rents received Deposit account interest |
231,850 26 |
205,662 30 |
|
| 231,876 | 205,692 | ||
| Charitable activities |
|||
| Grants Total incoming resources |
136,825 1,013,069 |
842,383 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Rates and property expenses Insurance Property consultancy fees Repairs and maintenance Provision for bad debts Property related legal fees |
5,035 8,658 6,208 59,949 15,390 |
8,402 10,569 31,546 42,200 (1,150) |
|
| 95,240 | 91,567 | ||
| Support costs | |||
| Management | |||
| Advertising | 499 | 637 | |
| Finance | |||
| Bank charges Bank loan interest |
124 9393 |
7,645 2,297 |
|
| 8,927 | 9,942 |
| Detailed Statement of for the Year Ended 31 |
Financial Activities December 2021 |
||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| Finance | |||
| Governance costs |
|||
| Auditors' remuneration Legal and professional fees Management fees Trustees liability insurance Hall hire |
4,358 409 45,237 547 337 |
4,520 216 41,587 527 97 |
|
| Total resources expended Net income |
50 888 155,554 857,515 |
46 947 149,093 693,290 |