| ReferenceandAdministr | ationDetails |
|---|---|
| Trustees andDirectors | RaymondGraham |
| Susan James(Chair) | |
| AIan Morris | |
| AndrewLonghurst | |
| IanBocock | |
| PeterDavies | |
| BeulahEast | |
| GeneralManager | Dominic Gilham |
| RegisteredOffice | CharterBuilding, |
| Charter Place | |
| Uxbridge, Middlesex | |
| UB81JG | |
| Charitynumber | 1181683-l |
| Companynumber | 11545982 |
| Auditors | WardWilliams |
| CharteredAccountants | |
| Belgrave House | |
| 39-43 MonumentHill | |
| Weybridge, Surrey | |
| KTI3sRN | |
| Bankers | Handelsbanken |
| ParrisHouse, Watermans Court | |
| Watermans BusinessPark | |
| KingsburyCrescent | |
| StainesUponThames | |
| TWIS3BA | |
| Solicitors | Bird &Lovitrond |
| 3VineStreet | |
| Uxbridge | |
| UB8IRP | |
| Investment Managers | Investec |
| 30 Gresham Street | |
| London | |
| EC2V7QN | |
| CCLAFundManagersLimited | |
| Senator House | |
| 85 QueenVictoriaStreet London EC4V 4ET |
| RayGraham | appointedfrom14.1L2010untill3.l1.2014, |
|---|---|
| re-appointedfromI4.11.2014until13..l1.2018, | |
| re-appointedfromI4.I1.2018until13.11.2022. | |
| MrsSJames | appointedfrom06.09.2011until05.09.2016, |
| re-appointedfrom06.09.2016until05.09.2020, | |
| re-appointedfrom06.09.2020until05 .09.2024. | |
| AlanMorris | appointedfrom06.03.2012until05.03.2017, |
| re-appointedfrom06.03.20I7until05.03.2021, | |
| re-appointedfrom06.03.2021until05.03.2025. | |
| Mrs BEast | appointedfrom23.5.2013until22.5.2017, |
| re-appointedfrom23.5.2017 to22.5.2021, | |
| re-appointedfrom23.5.2021to 22.5.2025. | |
| Andrew Longhurst | appointedfrom08.11.2016until07.11.2020, |
| appointedfrom08.11.2020untll07.11.2024. | |
| IanBocock | appointedfrom14.11.2017untill3.l1.2021. |
| PeterDavies | appointedfrom08.01.201 9unttl0T .01.2023. |
| Notes | 2020 |
2019 | 2020 | 2019 | u8 | 2019 | 2020 | 2019 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| tncomi1gresourcesJrcm qenerctedlunds | |||||||||||
| LO1,64 | p2,742 | LO7,64 | 7ZZ,7a2 | ||||||||
| hvenmentpaopertyincome | 1{5plit) | 226,803 | 230,969 | 26,480 | 24,361 354,7n | 330,290 | 508,040 | 585,521 | |||
| Otherinvenmentincome | 1{split) | 18 | 2 | 29 | 49 | ||||||
| 314,ir61353,751 | 26,4A224,362354,746 | 330,290715,729 | 708,403 | ||||||||
| c6tolgeneroting Junds | |||||||||||
| l.venmentproperty expense! | 1{5plit) | 41,247 | 92,145 | 4,816 | 9,719 | 64,515 | 137,n1, | 110,579 | 233,635 | ||
| Management & administration | 1(5plit) | 25542 | 16,463 | 3,103 | 2,79L | 41,578 | 37,U4 | 71,263 | 67,098 | ||
| 2 | 1t0,314 | 252,903 | 1:,0314 | 252,903 | |||||||
| 3 | 2;too | t,427 | 90,254 |
92354 | 121,978 | ||||||
| Manaeement & administration | 4L244 | 35,979 | '0,151 | 42,244 | 35,979 | ||||||
| ManagEment &admininration | 4{spht) | 392 2N,743 |
?62 408,853 |
46 10,065 |
38 74,375 |
6tz 196,970 |
519 1,050 919 290,2A5447.ElE713.513 |
||||
| t{€tlnqrrlqresqlrtlsbaforrt.ichrs | 40,005 | 673at | (5,110) | ||||||||
| Tlansfers between tunds | |||||||||||
| €tltr.mi,lC.e!6urcesforth€ year | 93,578(55,102)16,4179,987 | 157,815 40,005 | 257,9L7(5,110) | ||||||||
| Relaluation of properties | 7(5plit) | {39,440) | (4,150) | (s6,400) | (100,000) | ||||||
| R€arised& unrealisedinvesihentg.ins/4osses | 8(split) | 25,774 | 82,550 | 2,940 | a,707 | 39,383 | 118,049 | 57,501 | 209,306 | ||
| E,Da | 43,110 2,940 | 4,547 |
39i43 | 61,649 | 67,s01109,305 | ||||||
| net mov€mcnti.tunds | 14 | 118,855 | (11,992) | 19r57 | 14,534 | 197.199 | 101654 | 35,412 | 104,195 | ||
| Balancesbroudt foBardatlJanuary2020 | 6,03A,709 | 5,050,701 | 548,933 | 574,399 | 7190,095 | 7,78E,447 | 745!7,7r7 | 14,4II,541 | |||
| 5,157,555 | 6,038,709 | 508,290 | 588.933 | 8,087294 | 7,890,095 | 74,a$,U9 | 74.577.737 | ||||
| 14.853,149 |
| Notes | 2020 | 2020 | 2019 |
2019 | |
|---|---|---|---|---|---|
| FixedAssets | 6 | 3,LL2,584 | 997,765 | ||
| lnvestmentproperties | 7 | L2,O87,L73 | 72,387,!73 | ||
| Fixedassetinvestment | 8 | 1,348,940 | 1,28].,439 | ||
| lc,548,697 | 74,666,377 | ||||
| Currentassets | |||||
| lnvestments | 9 | ||||
| Debtors & prepayments | 10 | 90,190 | 34,409 | ||
| Cashatbank and in hand | 147,4?4 | 54,7L0 | |||
| 437,624 | 89,119 | ||||
| Creditors: amounts fallingdue | |||||
| withinoneyear | 11 | 246,394 | 237,759 | ||
| Netcurrentassets | 191,230 | (148,640) | |||
| Totalassetslesscurrent liabilities | t6,739,927 | 14,517,737 | |||
| Creditors: amountsfallingdue | |||||
| aftermore thanoneyear | 12 | t,886,778 | |||
| L4,853,L49 | !4,511,731 | ||||
| RestrictedEunds | 74 | ||||
| ReliefinNeed | 8,O87,294 | 7,890,095 | |||
| Lord Ossulton | 608,290 | 588,933 | |||
| Almshouses | 5,157,565 | 6,038,709 | |||
| 14,853,149 | 14,5t7,737 | ||||
| 0 |
| Statement ofCashFlowsfortheyear ended31December 2020 | |||
|---|---|---|---|
| 2020 | 2019 |
||
| TotaltundsTotalFunds | |||
| Cashflowsfromoperatingactivities | |||
| Net cashprovidedby(usedin) operating activities(A) | Table1 | (386,26U | (138,689) |
| Cashflowsfrominvestingadivities | |||
| Dividends, interest andrentsfrominvestments | 608,040 | 585,621 | |
| Proceedsfromsaleofproperty, plantandequipment | 300,000 | 680 | |
| Purchaseofproperty,plantandequipment | (2,115,833) | (512,185) | |
| Proceedsfromsaleofinvestments | |||
| Purchaseof investment | 12,173], | ||
| Netcashprovidedby(used in) investingactivitier(B) | 11,207,793l-77,943 | ||
| Cashflow fromfinancingactivities | |||
| Repayment5ofborrowing | |||
| Gshinflowsfromnewborrowing | \846,774 | ||
| Receiptofendowment | |||
| Netcashprovidedby(usedin)financingactivities(C) | 1,w5,778 | ||
| Changeincashandcashequivalentsinthe reportingperiod(A-8-C) | 292,724 | 166,746j | |
| Change in cashandcashequivalentsatthebeginning of thereportingperiod | Table2 | 54,710 | 12L,455 |
| Change in cashandcashequivalentsduetoexchangerate movements | |||
| Changeincashandcashequivalentsattheend ofthe reporting period | 147,43454/10 | ||
| Table1: | |||
| Reconciliation o, netincome/expendituretonetcashflow fromoperatingadivities | |||
| Net income/expenditure forthereporting period | 335,4t2L04,796 | ||
| Adjustmentsfor: | |||
| Depreciationcharges | 782 | 47,724 | |
| (Gains)/Losseson investments | (67,s01) | (109,306) | |
| Dividends, interest andrentsfrominvestments | (60&040) | (s8s,621) | |
| Loss/(profit) ondisposaloffixedassets | 212 | {680) | |
| Loss/(profit) on demolition of Almshouse | 82,531 | ||
| (lncrease)/decreasein stocks | |||
| (lncrease)/decreaseindebtors | (s5,781) | 278,693 | |
| lncrease/(decrease)increditors | 8,63s | 109,670 | |
| Netcashprovided by(usedin) operatingactivities | 1386,261) | (138,689) | |
| Table2: | |||
| Analysis ofcash and cashequivalents | |||
| Cashinhand | 347,4t4 | 9,710 |
|
| Noticedeposits'lessthanthreemonths | |||
| OverdraftfaciliErepayable on demand | |||
| Totalca5handcashequivalents | 347,OU54,710 |
| financialstatementsonaBoingconcernbasis, | ||
|---|---|---|
| 2.Almshouseexpenses | 2020 | 2019 |
| Residentsaccommodation duringAlmshou5eredevelopment | LO7,947 | !23.645 |
| Water,L&H,insurance andtelephone | 1,055 | 1,398 |
| Repairs andmaintenance | 1,400 | |
| Oepreciation andlossondemolition ofAlmshouse | 723,239 | |
| Legalandprofessional | ||
| Residentstrips,welfu reandmiscelladeous | L,377 | 3,220 |
| Loaninterest | 19,935 | |
| 130,314 | 252.903 |
| 3.Grants &application support | ||
|---|---|---|
| ?.020 | 2019 | |
| TotalGrants | 92,364 | 721,978 |
| Splitasfollows: | ||
| ReliefinNeed Fund -hardshiprelief | 90,264 | 120,151 |
| Lord Ossulton Fund-educational | 2,100 | t,427 |
| 92,364 | 727,978 | |
| Thetotalnumbero{grantsgivenwasasfollows: | ||
| 2020 | 2079 | |
| ReliefinNeed Fund-hardshiprelief | 48 | 57 |
| Lord Ossulton Fund-educational | 3 | 4 |
| 51 | 51 |
| 4, Govemance costs | ||
|---|---|---|
| 2020 | 2079 | |
| Letal and professional fees | LO,2L8 | 9,883 |
| Audit fees | 4,800 | 5,430 |
| Donationre:Accountancy | 3,000 | 3,000 |
| TrusteesexpenSe5 | 1,050 | 919 |
| 19,058 | 79,232 |
| Trustees expenses | ||
|---|---|---|
| 2020 | 2019 | |
| Training | ||
| Mileage | ||
| Travel | ||
| Misc | ||
| Refreshments | 1,050 | 919 |
| 1,050 | 919 |
|
| Employees | ||
| 2020 | 2019 | |
| Wages and salaries,includingsocialsecuritycosts | 85,755 | 27,292 |
| Employerspension contribution5 | 4,611 | 7,122 |
| Redundancypayments | ||
| 90,365 | 22,474 |
| 5.Fixed assets-tangible | ||||||
|---|---|---|---|---|---|---|
| Almshouses | Office | Total | ||||
| Original | lmproveLand | New | F&F | |||
| s%sL | 5%SL | 25% WDV | ||||
| Costorvaluation | ||||||
| At 01.01.2020 | 994,406 | 19,333 | 1,013,739 | |||
| Additions | 2,11s,833 | 2,115,833 | ||||
| Disposals | Q316) | 12316) | ||||
| -3,770,23977,OL73,727,256 | ||||||
| Depreciation | ||||||
| At 01.01.2020 | 75,974 | 15,974 | ||||
| Chargefortheyear | 782 | 782 | ||||
| Disposals | (2,084) | (2,084) | ||||
| 74,672 | 14,672 | |||||
| Net bookvaluation | ||||||
| 31 December 2020 | 3,L[O,239 | 2,345 | 3,Ltz,584 | |||
| 31 December2019 | 994,406 | 997,165 |
| 7.Fixedassetinvestment-P | roperty |
|---|---|
| Costorvaluation | |
| At01.01.2020 | 12,387,773 |
| Additions | |
| lmprovements | |
| Revaluation | |
| Disposals | i300,000) |
| 72,087,r73 | |
| Depreciation | |
| At 01.01.2020 | |
| charge fortheyear | |
| Disposals | |
| Net bookvaluation | |
| 31 December2020 | 72,087,771 |
| 31 December2019 | t2,387,713 |
| 8. Fixed assetsinvestments | ||
|---|---|---|
| CCLA | lnvestec Total |
|
| lnvestment | ||
| Funds | ||
| Cost orvaluation | ||
| At01.01.2020 | 541,457 | 739,9821,28t,439 |
| Additions | ||
| Revaluation | 52,889 | 14,67267,501 |
| Disposals | ||
| 594,346 | 754,5941,348,940 | |
| Original cost | 364,828 | 606.575977,403 |
| 10.Debtors | ||
|---|---|---|
| 2020 | 2079 | |
| Rentsreceivable | 70,805 | 1,,40! |
| Rentsbaddebt provision | {.74,976| | |
| Sundrydebtors | 26,574 | 25,773 |
| Prepaymenls | 7,847 90,190 |
1,295 34,409 |
| 11.Credhors: amounts fallingduewithinoneyear | ||
| 2020 | 2079 | |
| Tradecreditors | t65,L7L | 1S2,869 |
| Accrued expenses | 6,770 | 7,723 |
| Deferred income -rentsinvoiced in advance | s4,702 | 58,491 |
| Taxation and socialsecurity | 1,845 | 42 |
| Sundrycreditors | r7,906 | 18,634 |
| 246,394 | 231,759 |
| 12.Creditors: amountsfallintdue more th | anoneyear | |
|---|---|---|
| 2020 | 2079 | |
| Bankloan | 1,486,7'78 |
| 2020 | 2019 |
|---|---|
| 5,582,273 |
| Realised/ | ||||
|---|---|---|---|---|
| Unrealised | ||||
| Balb/fwdlncoming Resources |
Revaluation | Balc/twd lnvestment |
||
| at 1.1.2020resources expended |
ofproperties | at?L.L2-2O gains/losses |
||
| ReliefinNeed | 7,890,095354,786196,970 | 0 | 39,3838,087,294 | |
| Lord Ossulton | 588,933 26,48210,065 | 0 | 2,940608,290 | |
| Almshouse | 5,038,709334,467240,783 | 0 | 25,L786,L57,565 | |
| 74,577,737 7L5,729447,818 | 0 | 57,50114,853,t49 |