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|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|
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|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||||||
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|||||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|
##
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|||||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|
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|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|