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



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|||**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 movement**in **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|





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||**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|



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||**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|



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|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|



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|**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|



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||**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|





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||**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|





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|**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|



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



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