2021-06-30-accounts

Legal and Administrative	Information
Trustees' Annual Report		2-6
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		10-20

Trustees		Mrs Pat Bedford					Chairman
		Mr lain Vernon					Vice-Chairman
		Mrs Fran Russell					Hon Treasurer
		Mrs Hilary Newton
		Mrs Helen Facer (Appointed			2 October 2020)
		Mr John Wilkinson	(Appointed		2	October 2020)
		Dr John Hastie (Appointed		7	May 2021)
		Mr lan Winfrey (Resigned 4 December 2020)
		The Revd Canon	lan Black	(Retired			1 April 2021)
		The Revd Mark Bridgen (Retired				1	July 2020)
Registered office		The Manager's Office
		Stephenson Court
		Granby Street
		Peterborough
		PE1 5DW
Charity Registration	Number	1179603
Solicitors		Greenwoods
		Monkstone House
		City Road
		Peterborough
		PE1 1JE
Bankers		Yorkshire Bank
		10Church Street
		Peterborough
		PE1 1XP
Accountant		Moore Thompson
		Bank House
		Broad Street
		Spalding
		PE11 1TB

				2021	2021		2020
			Unrestricted	Restricted	Endowment	Total	Total
			Funds	Funds	Funds	Funds	Funds
		Note				K
Income from:
Donations and legacies			475			475	720
Charitable activities			223,891			223,891	222,118
Investments			28,447			28,447	28,638
Other income			170			170	48
Total income			252,983			252,983	251,524
Expenditure on:
Charitable activities		5	243,486		34,264	277,750	413,439
Total expenditure			243,486		34,264	277,750	413,439
Gains on investment	property	7	27,272			27,272
Gains I(losses) on	investments	8	158,973			158,973	(25,289)
Net Income I(expenditure)			195,742		(34,264)	161,478	(187,204)
Transfers between funds		11	(43,332)	(738)	44,070
Net movement in funds			152,410	(738)	9,806	161,478	(187,204)
Reconciliation offunds:
Total funds brought forward			1,370,781	738	973,771	2,345,290	2,532,494
Total funds carried	forward		1,523,191		983,577	2,506,768	2,345,290

				2021		2020
			Note
Fixed assets
Tangible assets			7	1,431,123		1,393,460
Investments			8	1,053,167		941,194
					2,484,290	2,334,654
Current assets
Debtors				17,059		18,942
Cash at bank and in	hand			36,376		36,698
				53,435		55,640
Creditors: Amounts one year	falling due within					(45,004)
Net current assets					22,478	10,636
Total assets less current		liabilities			2,506,768	2,345,290
Funds
Unrestricted			11		1,523,191	1,370,781
Restricted			11			738
Endowment			11		983,577	973,771
					2,506,768	2,345,290

Charitab	le	activiti	es	income
					Unrestricted	Restricted	Total	Total Funds
					Funds	Funds	2021	2020
					R	K
Weekly	maintenance			contributions	202,482		202,482	200,323
Utility charges					19,376		19,376	19,201
Guest suite								395
Government		grants			2,033		2,033	821
General	insurance		claims					1,378
					223,891		223,891	222,118

Investment Income
	Unrestricted	Restricted	Total	Total Funds
	Funds	Funds	2021	2020
NAACIF Income shares	8,230		8,230	8,230
Land rents receivable	20,217		20,217	20,407
Bank interest receivable				1
	28,447		28,447	28,638

5.	Charitable activities expenditure	Charitable activities expenditure
			Unrestricted	Restricted	Endowment	Total	Total
			Funds	Funds	Funds	2021	2020
							f
	Charitable activities
	Wages and social security		23,427			23,427	21,194
	Employees pension costs		618			618	619
	Staff training						609
	Community charges		2,704			2,704	4,248
	Water rates Gas and electricity Gas and electric servicing		7,551 24,642 7,585			7,551 24,642 7,585	7,611 27,381 2,240
	Insurance		4,577			4,577	4,356
	General repairs		38,344			38,344	31,413
	Cyclical maintenance		33,565			33,565	113,965
	Extraordinary repairs		6,456			6,456	80,174
	Garden maintenance		11,613			11,613	11,784
	Travel expenses		15			15	292
	Cleaning		16,270			16,270	10,714
	Security		410			410	530
	Telephone		3,688			3,688	2,402
	Lifeline Residents welfare TV Licences		4,433 1,748 330			4,433 1,748 330	4,433 1,747 332
	Subscriptions		527			527	257
	Depreciation		3,121		34,264	37,385	35,764
			191,624		34,264	225,888	362,065
	Support costs
	Wages and social security		35,175			35,175	35,707
	Employees pension costs		1,055			1,055	1,072
	Printing and stationery		1,153			1,153	1,839
	Postage and sundries		478			478	2,191
	Computer and software	costs	6,581			6,581	3,954
	Payroll charges		817			817	506
	Bad debts		1,906			1,906	1,092
	Bank charges		25			25
			47,190			47 190	46 361
	Governance costs
	Independent examiner's	fees	1,710			1,710	1,940
	Legal and professional	fees	2,962			2,962	3,073
			4,672			4,672	5,013
	Total charitable activities	expendit	243,486		34,264	277,750	413,439

6.	Staff costs and employee	benefits
	The aggregate payroll costs	were:	2021	2020
	Wages and salaries		57,839	56,344
	Social security costs		763	557
	Other pension costs		1,673	1,691
			60,275	58,592

Tangible fixed assets
		Freehold	Office	Fixtures and
	Almshouses	land	equipment	fittings	Total
Cost
At 1 July 2020 Additions Revaluation	2,159,092 44,070	992,728 27,272	13,995 2,520	18,881 1,186	3,184,696 47,776 27,272
At 30June 2021	2,203,162	1,020,000	16,515	20,067	3,259,744
Depreciation
At1 July2020 Charge for the year	1,765,321 34,264		13,162 1,337	12,753 1,784	1,791,236 37,385
At 30June 2021	1,799,585		14,499	14,537	1,828,621
Net book value
At 30June 2021	403,577	1,020,000	2,016	5,530	1,431,123
At 30June 2020	393,771	992,728	833	6,128	1,393,460

8.	Investments
						Market	Acquisitions	Valuation	Market
					Units held	value at	I(disposals)	adjustment	value
					1	July 2020			30June 2021
	National Almshouses
	Association	C.I.F Income			235,142	183,364		25,842	209,206
	shares
	National Almshouses
	Association	C.l.F			4,564	383,908	(47,000)	71,511	408,419
	Accumulation		shares
	COIF Charities		Ethical
	Investment	Fund			95,034	373,922		61,620	435,542
						941,194	(47,000)	158,973	1,053,167
9.	Debtors
								2021	2020
	Trade debtors							4,766	6,046
	Prepayments							10,712	10,815
	Accrued income							1,275	1,275
	Other debtors							306	806
								17,059	18,942
10.	Creditors: Amounts			falling due within one year
								2021	2020
	Trade creditors							13,235	23,413
	Other creditors							5,550	5,100
	Taxation and	social security						1,092	1,267
	Pension contributions							407	632
	Accrued expenditure							5,327	9,552
	Deferred income							5,346	5,040
								30,957	45,004

Movement in reso		urces
			Balance at			Valuation/	Balance at
			1 July 2020	Incoming	Outgoing	Transfers	30June 2021
Designated funds
Extraordinary repairs fund			562,948	11,000	(6,456)	29,422	596,914
Cyclical maintenance		fund	662,953	14,000	(33,565)	129,551	772,939
			1,225,901	25,000	(40,021)	158,973	1,369,853
General funds
General fund			144,880	227,983	(203,465)	(16,060)	153,338
Total unrestricted		funds	1,370,781	252,983	(243,486)	142,913	1,523,191
Restricted funds
Charity of Frederick Lawrence Pratt		St	738			(738)
Total restricted funds			738			(738)
Endowment funds
Permanent			973,771		(34,264)	44,070	983,577
Total endowment	funds		973,771		(34,264)	44,070	983,577
Total funds			2,345,290	252,983	~277,750	186,245	2506768,

Analysis of net ass	ets
			Tangible		Other net
			fixed assets	Investments	assets	Total
Designated funds
Extraordinary repairs	reserve			483,627	113,287	596,914
Cyclical maintenance	reserve			569,540	203,399	772,939
				1,053,167	316,686	1,369,853
General funds
General fund			447,546		(294,208)	153,338
Total unrestricted funds			447,546	1,053,167	22,478	1,523,191
Restricted funds
Charity of Frederick	St Lawrence	Pratt
Total restricted funds
Endowment funds
Permanent			983,577			983,577
Total endowment funds			983,577			983,577
Total funds			1,431,123	1,053,167	22,478	2,506,768

.Fund comparative	s
						2020
					Unrestricted	Restricted	Endowment	Total
					Funds	Funds	Funds	Funds
Income from:
Donations and legacies					720			720
Charitable activities					222,118			222,118
Investments					28,638			28,638
Other income					48			48
Total income					251,524			251,524
Expenditure
Charitable activities					382,080		31,359	413,439
Total expenditure					382,080		31,359	413,439
Losses on investments					(25,289)			(25,289)
Net income					(155,845)		(31,359)	(187,204)
Movement In resources
			Balance at				Valuation/	Balance at
			1 July	2019	Incoming	Outgoing	Transfers	30June 2020
			f.				K
Designated funds
Extraordinary repairs reserve			594,474		60,097	(80,174)	(11,449)	562,948
Cyclical maintenance		reserve	718,641		72,117	(113,965)	(13,840)	662,953
			1,313,115		132,214	(194,139)	(25,289)	1,225,901
General funds
General fund			213,511		119,310	(187,941)		144,880
Total unrestricted		funds	1,526,626		251,524	(382,080)	(25,289)	1,370,781
Restricted funds
Charity of Frederick Lawrence Pratt		St		738				738
Total restricted funds				738
Endowment funds
Permanent			1,005,130			(31,359)		973,771
Total endowment	funds		1,005,130			(31,359)		973,771
Total funds			2,532,494		251,524	~413,439	~25,289	2,345,290

Analysis of net	assets	assets
			Tangible		Other net
			fixed assets	Investments	assets	Total
Designated funds
Extraordinary repairs		reserve		426,098	136,850	562,948
Cyclical maintenance		reserve		515,096	147,857	662,953
				941,194	284,707	1,225,901
General funds
General fund			419,689		(274,809)	144,880
Total unrestricted	funds		419,689	941,194	9,898	1,370,781
Restricted funds
Charity of Frederick		St Lawrence Pratt			738	738
Total restricted funds			419,689	941,194	10,636	738
Endowment funds
Permanent			973,771			973,771
Total endowment	funds		973,771			973,771
Total funds			1,393,460	941,194	10,636	2,345,290