2021-03-31-accounts

age:
1	Reportofthe trustees
9	Independent auditor'sreport
12	Statementoffinancial activities
13	Balance sheet
14	Notes formingpartofthefinancial statements

		Unrestricted and total	Unrestricted and total	Unrestricted and total	Unrestricted and total
			funds		funds
	Note		2021		2020
		£	£	£	£
Income from:
Investments
-Equity holdings			278,626		345,690
- Bank deposit interest			54		654
- Rents receivable			9,540		8,070
Charitable activities
- Servicecharges			91,761		65,929
Other
-Wayleavesreceivable			5		5
Total income			379,986		420,348
Expenditure on:
Raisingfunds
Investment managementcosts-Vincent Close			1,310		4,252
-Equity holdings			58,927		56,832
			60,237		61,084
Charitable activities	2
Activities undertaken directly:
-GeorgeGibson Close-Almshouses		379,220		401,164
- Persimmon Walk		2,889		2,282
-Newmarket Day Centre		6,905		8,818
- ExningCourt		1,786		1,747
			390,800		414,011
Total expenditure			451,037		475,095
Net gains/(losses) on investments	8		1,890,357		(495,652)
Net movementin funds			1,819,306		(550,399)
Reconciliation of funds:
Total funds brought forward			10,406,165		10,956,564
Total funds carried forward	13		12,225,471		10,406,165

	Note		2021		2020
		£	£	£	£
Fixed assets:
Tangible assets	7		1,393,779		1,346,099
Investments	8		10,744,167		8,911,822
Totalfixedassets			12,137,946		10,257,921
Current assets:
Debtors	9	82,903		58,852
Cashatbank		101,262		145,076
Total current assets		184,165		203,928
Liabilities:
Creditors: amounts falling due within
oneyear	10	81,535		31,039
Net current assets			102,630		172,889
Total assets less current liabilities			12,240,576		10,430,810
Provisions for liabilities	11		(15,105)		(24,645)
Total net assets	12		12,225,471		10,406,165
The funds of the charity:
Unrestrictedfunds	13
- Designatedcharitable fixedassets fund			1,393,779		1,346,099
- Designatedcapital fund			10,744,167		8,911,822
- General fund			87,525		148,244
Total charityfunds			12,225,471		10,406,165

	George	Persim-	Newmar-	Exning	2021	2020
	Gibson	-mon	ketDay	Court	Total	Total
	Close	Walk	Centre
	£	£	£	£	£	£
Staffcosts						55,531
Propertyandmaintenance	275,779	1,103	2,724		279,606	252,185
Depreciation	19,490		2,395		21,885	18,920
Supportand governance costs	83,951	1,786	1,786	1,786	89,309	87,375
Total	379,220	2,889	6,905	1,786	390,800	414,011

llocation of support costs
	Other	Governance	Total	Total
	Support	Costs	Allocated	Allocated
	Costs		2021	2020
Support cost	£	£	£	£
Staffcosts	43,364	14,455	57,819	43,664
PPS, IT, telephone& office costs	2,216	738	2,954	2,854
Depreciationofoffice equipment	627	209	836	1,196
Auditandaccountancy - audit		11,725	11,725	5,405
-other costs		7,650	7,650	6,375
Legal andprofessionalfees		8,187	8,187	27,200
Trusteemeeting& sundrycosts		138	138	681
	46,207	43,102	89,309	87,375

oneachcharitable activityas follows:
	2021	2020
	£	£
The George GibsonAlmshouses 94% (2020: 94%)	83,951	82,134
PersimmonWalk2% (2020: 2%)	1,786	1,747
Newmarket DayCentre2%(2020: 2%)	1,786	1,747
ExningCourt2% (2020: 2%)	1,786	1,747
Total allocated	89,309	87,375
Employment costs
	2021	2020
	£	£
Wagesandsalaries	50,542	93,365
Social securitycosts	5,761	4,487
Otherpensioncosts	1,516	1,343
	57,819	99,195

ngible fixed assets
	Freehold	Leasehold	Garden	Office	Total
	property	property	machinery	& Centre
				equipment
	£	£	£	£	£
Cost
At I April2020	1,235,967	237,168	19,607	16,545	1,509,287
Additions		66,256	4,332	2,859	73,447
At 31 March 2021	1,235,967	303,424	23,939	19,404	1,582,734
Depreciation
At 1 April2020	60,266	75,929	19,126	7,867	163,188
Chargefortheyear	18,384	2,395	1,106	3,882	25,767
At 31 March 2021	78,650	78,324	20,232	11,749	188,955
Net book value
At 31 March 2021	1,157,317	225,100	3,707	7,655	1,393,779
At31 March 2020	1,175,701	161,239	481	8,678	1,346,099

	Freehold	UK listed
	investment	equity	2021	2020
	property	investments	Total	Total
	£	£	£	£
Market value
At 1 April 2020	206,000	8,705,822	8,911,822	9,472,444
Additions		1,519,235	1,519,235	1,237,038
Disposalproceeds		(1,577,247)	(1,577,247)	(1,002,008)
Reclassifiedascashatbank				(300,000)
Revaluation/net investment
gains/(losses)	20,800	1,869,557	1,890,357	(495,652)
At 31 March 2021	226,800	10,517,367	10,744,167	8,911,822
Cost at 31 March 2021	158,178	9,344,252	9,502,430	8,935,614

	2021	2020
	£	£
Otherdebtors	12,659	31,760
Prepaymentsandaccrued income	70,244	27,092
	82,903	58,852
editors: amounts falling due within one year
	2021	2020
	£	£
Tradecreditors	6,421	4,822
Othertaxesandsocial security	2,299	1,566
Accrualsand deferredincome	72,815	24,651
	81,535	31,039

ovisions for liabilities
	2021	2020
	£	£
Balance at 1 April 2020	24,645
Provisionintheyear		28,620
Chargedintheyear	(9,540)	(3,975)
Balance at 31 March 2021	15,105	24,645

Current year	Designated
	charitable			Total
	fixed assets	Designated	General	Funds
	fund	capital fund	fund	2021
	£	£	£	£
Tangible assets	1,393,779			1,393,779
Investments		10,744,167		10,744,167
Net currentassets			102,630	102,630
Provisions forliabilities			(15,105)	(15,105)
	1,393,779	10,744,167	87,525	12,225,471
Prioryear	Designated
	charitable			Total
	fixedassets	Designated	General	Funds
	fund	capitalfund	fund	2020
	£	£	£	£
Tangible assets	1,346,099			1,346,099
Investments		8,911,822		8,911,822
Net current assets			172,889	172,889
Provisions forliabilities			(24,645)	(24,645)
	1,346,099	8,911,822	148,244	10,406,165

Current year	Designated
	charitable
	fixed asset	Designated	General	Total
	fund	capital fund	fund	2021
	£	£	£	£
Balance at 1 April 2020	1,346,099	8,911,822	148,244	10,406,165
Netmovementinfunds			1,819,306	1,819,306
Transfersbetweenfunds	47,680	1,832,345	(1,880,025)
Balance at 31 March 2021	1,393,779	10,744,167	87,525	12,225,471

Prioryear	Designated
	charitable
	fixedasset	Designated	General	Total
	fund	capital fund	fund	2020
	£	£	£	£
Balance at 1 April 2019	1,366,143	9,472,444	117,977	10,956,564
Netmovement infunds			(550,399)	(550,399)
Transfersbetweenfunds	(20,044)	(560,622)	580,666
Balance at31 March2020	1,346,099	8,911,822	148,244	10,406,165

	2021	2020
	£	£
Financial assets:
Instrumentsmeasuredatfairvalue throughthe SOFA	10,370,235	8,492,340