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2022-12-31-accounts

Page Page
Reference and Administrative
Details
Report ofthe Trustees 2 to 4
Report ofthe Independent
Auditors		 5 to 7
Statement of Financial Activities
Statement
of Financial Position
Notes to the Financial Statements 10 to 16
Detailed Statement
of Financial Activities		 17

F OR THE YE AR ENDED 31 DECE MBER 2022
31.12.22 31.12.21
Unrestricted Total
funds funds
Notes f
INCOME AND ENDOWMENTS FROM
Investment
income		 274,478 248,760
EXPENDITURE ON
Charitable
activities
Almshouse
provision		 275,121 297,343
NET INCOME/(EXPENDITURE) (643) (48,583)
Other recognised
gains/(losses)
Gains/(losses)
on revaluation		 of fixed assets (45,262) 32,084
Net movement
in funds		 (45,905) (16,499)
RECONCILIATION
OF FUNDS
Total funds
brought
forward		 4,900,247 4,916,746
TOTAL FUNDS CARRIED FORWARD 4,854,342 4,900,247

STATE MENT OF FINANCIAL
P
31 DECEMBER 2022		 OSITION
31.12.22 31.12.21
Unrestricted Total
funds funds
Notes 9 F
FIXEDASSETS
Tangible assets 9 4,599,406 4,706,638
Investments 10 302,964 348,226
4,902,370 5,054,864
CURRENT ASSETS
Debtors 11,291 3,694
Cash at bank and in hand 216,132 127,388
227,423 131,082
CREDITORS
Amounts
falling due within one year		 12 (22,021) (22,535)
NET CURRENT ASSETS 205,402 108,547
TOTAL ASSETS LESSCURRENT
LIABILITIES 5,107,772 5,163,411
CREDITORS
Amounts
falling due		 after more than one year 13 (253,430) (263,164)
NE'TASSETS 4,854,342 4,900,247
FUNDS 15
Unrestricted
funds:
General
fund		 1,411,966 1,321,436
Investment
revaluation
reserve		 219,825 265,087
Property
revaluation
reserve
Designated
fund - cyclical maintenance
Designated
fund - extraordinary
repairs		 3,177,820
28,426
16,305		 3,279,651
23,097
10,976
4,854,342 4,900,247
TOTAL FUNDS 4,854,342 4,900,247

Grant
funding of
Direct activities Support
Costs (see (see note costs (see
note 4)
6		 5)
E		 note 6)
f		 Totals
6
Almshouse provision 270,068 949 4,104 275,121
4. DIRECT COSTS OF CHARITABLE ACTIVITIES
31.12.22 31.12.21
E
Staff costs 25,815 26,023
Cleaning 3,745 4, 171
Insurance 6,599 6,057
Light and heat 33,703 31,939
Rates and water 11,263 10,814
Gardening 8,236 8,053
Property
repairs		 53,189 68,859
Telephone, broadband
& IT		 2,589 2,743
Stationery and consumables 92 933
Subscriptions 595
Sundry expenses 180 245
Bank charges 69 105
Depreciation 107,232 107,231
Interest payable and similar charges 17,356 17,959
270,068 285,727
5. GRANTS PAYABLE
31.12.22 31.12.21
8 E
Almshouse provision 949 1,483
The total grants paid to institutions during the year was as follows: 31.12.22 31.12.21
8 9
NHS Trust 949 1,483

SUPPORT COST S
Governance
costs
E
Almshouse provision 4,104
Support costs, included in the above, are as follows: 31.12.22 31.12.21
Almshouse Total
provision activities
6 8
Independent examiner's fees 3,795 5,138
Other professional fees 309 4,995
4,104 10,133

TANGIBLE FIXEDASSETS
Freehold
property
6
COST
At 1 January 2022 and
31 December 2022 5,286,979
DEPRECIATION
At 1 January 2022 580,341
Charge for year 107,232
At 31 December 2022 687,573
NET BOOK VALUE
At 31 December 2022 4,599,406
At 31 December 2021 4,706,638

FIXED ASSET INVESTMENTS
Unlisted
investments
E
MARKET VALUE
At 1 January 2022 348,226
Revaluations (45,262)
At 31 December 2022 302,964
NET BOOK VALUE
At 31 December 2022 302,964
At 31 December 2021 348,226
Cost or v aluation
at 31		 Dec ember 2022 is represented
by:
Unlisted
investments
F
Valuation in 2020 17,364
Valuation in 2021 32,084
Valuation in 2022 (45,262)
Cost 298,778
302,964
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
6 F
Other debtors 9,253 1,949
Prepayments 2,038 1,745
11,291 3,694
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
F 8
Other loans (see note 14) 9,000 12,150
Trade creditors 449
Other creditors 101 72
Accrued expenses 12,471 10,313
22,021 22,535

31.12.22 31.12.21
6
Other loans (see note 14) 253,430 263,164
LOANS
An analysis
of the maturity		 of loans is given below:
31.12.22 31.12.21
F
Amounts falling due within one year on demand:
Charity Bank loan 9,000 9,000
Almshouse
Association
loan		 3,150
9,000 12,150
Amounts falling between one and two years:
Charity Bank loan 9,000 9,000
Amounts falling due between two and five years:
Charity Bank loan 27,000 27,000
Amounts falling due in more than five years:
Repayable
by instalments:
Charity Bank loan		 217,430 227,164

MOVEM ENT IN FU ND S
Net Transfers
movement between At
At 1.1.22 in funds funds 31.12.22
6 6 F 6
Unrestricted funds
General fund 1,321,436 (643) 91,173 1,411,966
Investment revaluation reserve 265,087 (45,262) 219,825
Property
revaluation
reserve
Designated
fund - cyclical maintenance		 3,279,651
23,097		 (101,831)
5,329		 3,177,820
28,426
Designated fund - extraordinary repairs 10,976 5,329 16,305
4,900,247 (45,905) 4,854,342
TOTAL FUNDS 4,900,247 (45,905) 4,854, 342

Net moveme nt
in fund		 s ,
inclu		 de d
in th		 e above are as follows :
Incoming Resources Gains and Movement
resources
f		 expended
f		 losses in funds
f
Unrestricted funds
General
fund		 274,478 (275,121) (643)
Investment revaluation reserve (45,262) (45,262)
274,478 (275,121) (45,262) (45,905)
TOTAL FUNDS 274,478 (275,121) (45,262) (45,905)
Comparatives
for movement		 In funds
Net Transfers
movement between At
At 1.1.21
F		 in funds
f		 funds
F		 31.12.21
f
Unrestricted funds
General
fund		 1,254,553 20,276 46,607 1,321,436
Investment revaluation reserve 233,003 32,084 265,087
Property
revaluation		 reserve 3,381,482 (101,831) 3,279,651
Designated
Designated
Designated		 fund - Major Repairs
fund - cyclical maintenance
fund - extraordinary
repairs		 49
23,593
24,066		 (34,430)
(34,429)		 (49)
33,934
21,339		 23,097
10,976
4,916,746 (16,499) 4,900,247
TOTAL FUNDS 4,916,746 (16,499) 4,900,247
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources
f		 expended
f		 losses
F		 in funds
f
Unrestricted
funds
General
fund		 248,760 (228,484) 20,276
Investment revaluation reserve 32,084 32,084
Designated fund - cyclical maintenance (34,430) (34,430)
Designated fund - extraordinary repairs (34,429) (34,429)
248,760 (297,343) 32,084 (16,499)
TOTAL FUNDS 248,760 (297,343) 32,084 (16,499)

DETAILED STATEMENT OF
FOR THE YEAR ENDED		 FINANCIAL ACTIVITIES
31 DECEMBER 2022
31.12.22 31.12.21
8 8
INCOME AND ENDOWMENTS
Investment
Income
Rents received 261,722 239,339
Interest received 6,559 5,824
Dividends
received		 6,197 3,597
274,478 248,760
Total incoming
resources		 274,478 248,760
EXPENDITURE
Charitable
activities
Staff salaries 25,220 25,117
Staff pensions 595 906
Cleaning 3,745 4,171
Insurance 6,599 6,057
I ight and heat 33,703 31,939
Rates and water 11,263 10,814
Gardening 8,236 8,053
Property
repairs		 53,189 68,859
Telephone,
broadband		 & IT 2,589 2,743
Stationery
and consumables		 92 933
Subscriptions 595
Sundry expenses 180 245
Bank charges 69 105
Property depreciation 107,232 107,231
Charity
Bank loan interest		 17,356 17,959
Grants to institutions 949 1,483
271,017 287,210
Support costs
Governance
costs
Independent
examiner's		 fees 3,795 5,138
Other professional fees 309 4,995
4,104 10,133
Total resources expended 275,121 297,343
Net expenditure (643) (48,583)