|Reference and Administrat|Reference and Administrat|ion<br>Details|||
|---|---|---|---|---|
|Trustees and Directors||Raymond<br>Graham|||
|||Susan James (Chair)|||
|||Alan Morris|||
|||Andrew<br>Longhurst|||
|||Ian Bocock|||
|||Peter Davies|||
|General Manager||Dominic<br>Gilham|||
|Registered|Office|Ossulton<br>Coul t|||
|||New Windsor Street|||
|||Uxbridge,<br>Middlesex|||
|||UB8 2TD|||
|Charity number||1181683-1|||
|Company|number|11545982|||
|Auditors||Ward Williams|||
|||Chartered<br>Accountants|||
|||Belgrave House|||
|||39-43 Monument|Hill||
|||Weybridge,<br>Surrey|||
|||KT13 8RN|||
|Bankers||Handelsbanken|||
|||Parris House, Watermans||Court|
|||Watermans<br>Business Park|||
|||Kingsbury<br>Crescent|||
|||Staines Upon Thames|||
|||TW18 3BA|||
|Solicitors||Bird &Lovibond|||
|||3 Vine Street|||
|||Uxbridge|||
|||UB8 1RP|||
|Investment|Managers|Investec|||
|||30 Gresham<br>Street|||
|||London|||
|||EC2V 7QN|||
|||CCLA Fund Managers||Limited|
|||Senator House|||
|||85 Queen Victoria Street|||
|||London<br>EC4V 4ET|||





## 

|in office during<br>the y|ear and subsequently<br>were as follows:|
|---|---|
|Ray Graham|appointed<br>from 14.11.2010until 13.11.2015,<br>re-appointed<br>from 14.11.2015 until 13.11.2019,|
||re-appointed<br>from 14.11.2019until 13.11.2023.|
|Mrs SJames|appointed<br>from 06.09.2011until 05.09.2016,|
||re-appointed<br>from 06.09.2016until 05.09,2020,|
||re-appointed<br>fi'om 06.09.2020 until 05.09.2024.|
|Alan Morris|appointed<br>from 06.03.2012 until 05.03,2017,|
||re-appointed<br>from 06.03.2017until 05.03,2021,|
||re-appointed<br>from 06.03.2021 until 05.03,2025.|
|Mrs BEast|appointed<br>from 23.5.2013 until 22.5.2017,|
||re-appointed<br>from 23.5.2017to 22.5.2021,|
||re-appointed<br>from 23.5.2021 to 22.5.2025,|
||Resigned 18.01.2022.|
|Andrew<br>Longhurst|appointed<br>from 08.11.2016 until 07.11.2020,<br>appointed<br>from 08.11.2020 until 07.11.2024.|
|lan Bocock|appointed<br>from 14.11.2017until 13.11.2021.<br>re-appointed<br>from 14.11.2021 until 13,11.2025.|
|Peter Davies|appointed<br>from 08.01.2019until 07.01.2023.|



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|||Restricted|Restricted|Restricted|Restricted|Restricted|Restricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||Fund|Fund|Fund|Fund||Fund|Fund|Funrls|Funds|
|||Almshouse|Almshouse|Lord|Lord|Relief in||Relief in|||
|||||Ossulton|Ossulton||Need|Need|||
||Notes|2021|2020|2021|2020||2021|2020|2021|2020|
|Incoming resources|||||||||||
|incoming<br>resources from generated funds<br>Almshouse<br>charges<br>Investment<br>property<br>income<br>Other investment<br>income|1 (Split)<br>1(Split)|103,740<br>203,866<br>14|]07,640<br>226,803<br>18|25,133<br>2|26,480<br>2||334,148<br>22|354,757<br>29|103,740<br>563,147<br>38|107,640<br>608,040|
|Donations<br>received||307,620|334,461|25,135|26,482||334,170|354,786|666,925|715,729|
|Resources expended|||||||||||
|Cost ofgenerating<br>funds<br>investment<br>property<br>expenses<br>Management<br>& administration|1(Split)<br>1(Split)|32,508<br>18,906|41,247<br>26,582|4,008<br>2,331|4,816<br>3,103||53,282<br>30,989|64,516<br>41,578|89,798<br>52,226|110,579<br>71,263|
|Charitable<br>activities<br>Almshouse<br>expenses<br>Awards<br>&grants<br>Management<br>& administration||203,391<br>43,543|130,314<br>42,248|6,291|2,100||74,382|90,264|203391<br>80,673<br>43,543|130314<br>92,364<br>42,248|
|Governance<br>costs|||||||||||
|Management<br>&administration|4 (split)|298,348|392<br>240,783|12,630|46<br>10,065||158,653|612<br>196,970|469,631|1,050<br>447,818|
|Net Fncoming resources before transfers||9,272|93,678|12,505|.16,417|.<br>'|175,517|157,816|' . 197,294, 267,911:||
|Transfers between<br>funds|||||||||||
|Net Incoming resources for the year||9,272|93,678|12,505|16,417||175,517|157,816|197,294|267,911|
|Revaluation<br>ofproperties<br>Realised &unreafised<br>investment<br>gains/losses|7 (Split)<br>8 (split)|467,657<br>64,502<br>532,159|25,178<br>25,178|57,654<br>7,952<br>65,606|2,940<br>2,940||766,516<br>105,723<br>872,239|39,383<br>39,383|1,291,827<br>178,177<br>1,470,004|67,501<br>67,501|
|Net movement<br>In funds|14|541,431|118,856|78,111|19,357||1,047,756|197,199|1,667,298|335,412|
|Balances brought<br>forward<br>at 1January 2021||6,157,565|6,038,709|608,290|588,933||8,087,294|7,890,095|14,853,149|14,517,737|
|||6,698,996|6,157,565|686,401|608,290||9,135,050|8,087,294|16,520,447|14,853,149|
||||||||||16,520,447||





## 

## 

|||||Notes|2021|2021|2020|2020|
|---|---|---|---|---|---|---|---|---|
|Fixed Assets||||6||7,358,716||3,112,584|
|Investment|properties|||7||13,379,000||12,087,173|
|Fixed asset|investment|||8||1p527,117||1,348,940|
|||||||22,264,833||16,548,697|
|Current assets|||||||||
|Investments||||9|||||
|Debtors 8 prepayments||||10|42,048||90,190||
|Cash at bank and in||hand|||451,067||347,434||
||||||493,115||437,624||
|Creditors: amounts||failing due|||||||
|within one|year|||11|370,078||246,394||
|Net current|assets|||||123,037||191,230|
|Total assets less current|||liabilities|||22,387,870||16,739,927|
||4||||||||
|Creditors: amounts||falling due|||||||
|after more|than one year|||12||5,867,423||1,886,778|
|||||||16,520,447||14,853,149|
|Restricted|Funds||||||||
|Relief in Need||||||9,135,050||8,087,294|
|Lord Ossulton||||||686,401||608,290|
|Almshouses||||||6,698,996||6,157,565|
|||||||16,520,447||14,853,149|





## 

## 

|Statement<br>of Cash Flows for the year end|ed 31D|ecem|ber 2021|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||Total Funds<br>Total Funds||
|Cash flows from operating<br>activities<br>Net cash provided<br>by (used in) operating<br>activities||(A)|||||Tabie 1|(193,441)|(386,261)|
|Cash flows from investing<br>activities<br>Dividends,<br>interest and rents from investments<br>Proceeds from sale of property,<br>plant and equipment<br>Purchase of property,<br>plant and equipment||||||||563,147<br>608,040<br>300,000<br>(4,246,718)<br>(2,115,833)||
|Proceeds from sale of investments||||||||||
|Purchase of investment||||||||||
|Net cash provided<br>by (used in) investing|activities|(8)||||||(3,683,571)<br>(1,207,793)||
|Cash flow from financing<br>activities||||||||||
|Repayments<br>of borrowing<br>Cash inflows from new borrowing||||||||3,980,645|1,886,778|
|Receipt of endowment<br>Net cash provided<br>by (used in) financing|activities|(C)||||||3p980~645|1886 778|
|Change<br>in cash antLcash equivalents<br>in the reporting<br>Change<br>in cash and cash equivalents<br>at the beginning|||period (A-B-C)<br>ofthe reporting||period||Table 2|103,633<br>347,434|292,724<br>54,710|
|Change<br>in cash and cash equivalents<br>due to exchange rate movements<br>Change<br>in cash and cash equivalents<br>at the end ofthe reporting<br>period|||||||Table 2|451,067:.|-347,434:|
|Table 1:||||||||||
|Reconciliation ofnet income/expenditure<br>Net income/expenditure<br>for the reporting|to net <br>period|cash flow from||operating||activities||1,667,298|335,412|
|Adjustments<br>for:<br>D preciation<br>charges<br>(Oains)/Losses<br>on investments<br>Dividends,<br>interest<br>and rents from investments<br>Loss/(profit)<br>on disposal offixed assets||||||||586<br>(1,470,004)<br>(563,147)|782<br>(67,501)<br>(608,040)<br>232|
|Loss/(profit)<br>on demolition<br>ofAlmshouse||||||||||
|(increase)/decrease<br>in stocks<br>(Increase)/decrease<br>in debtors<br>Increase/(decrease)<br>in creditors<br>Net cash provided<br>by (used in) operating|activities|||||||48,142<br>123,684<br>(193,441)|(55,781)<br>8,635<br>(386,261)|
|Table 2:||||||||||
|Analysis of cash and cash equivalents<br>Cash in hand||||||||451,067|347,434|
|Notice deposits<br>- less than three months||||||||||
|Overdraft<br>facility repayable<br>on demand<br>Total cash and cash equivalents||||||||4M.,067|. 347,434.|





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## 

|3.Grants &application<br>support|2021|2020|
|---|---|---|
|Total Grants|80,673|92,364|
|Split as follows:<br>Relief in Need Fund - hardship<br>relief<br>Lord Ossulton<br>Fund<br>—educational|74,382<br>6,291<br>80I673|90,264<br>2,100<br>92,364|
|The total number<br>ofgrants given was as follows:|2021|2020|
|Relief in Need Fund<br>—hardship<br>relief<br>Lord Ossulton<br>Fund - educational|49<br>13<br>62|48<br>3<br>51|



|4.Governance<br>costs|2021|2020|
|---|---|---|
|Legal and professional<br>fees<br>Audit fees<br>Donation re: Accountancy<br>Trustees expenses|(25)<br>5,100<br>3,000<br>8,075|10,218<br>4,800<br>3,000<br>1,050<br>19,068|



|Trustees expenses|Trustees expenses||2021|2020|
|---|---|---|---|---|
|Training|||||
|Mileage|||||
|Travel|||||
|Misc<br>Refreshments||||1,050<br>1,050|
|Employees|||2021|2020|
|Wages and <br>Employers|salaries, including<br>social security costs<br>pension contributions||108,139<br>5,807|85,755<br>4,611|
|Redundancy|payments||113,946|90,366|



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## 

|6.Fixed assets - tangible|||||||
|---|---|---|---|---|---|---|
|||Almshouses|||Office|Total|
||Original|Improve|Land|New|FRF||
||5/0 SL|50/0 SL|||25/0 WDV||
|Cost or valuation|||||||
|At 01.01.2021||||3,110,239|17,017|3,127,256|
|Additions||||4,246,718||4,246,718|
|Disposals||||7,356,957|17,017|7,373,974|
|Depreciation<br>At 01.01.2021|||||14,672|14,672|
|Charge for the year|||||586|586|
|Disposals|||||15,258|15,258|
|Net book valuation|||||||
|31December 2021||||7,356,957|1,759|7,358,716|
|31December 2020||||3,110,239|2,345|3,112,584|



|7.Fixed asset investment|- Property||
|---|---|---|
|Cost or valuation|||
|At 01.01.2021||12,087,173|
|Additions|||
|Improvements|||
|Revaluation||1,291,827|
|DisposaIs|||
|||13,379,000|
|Depreciation|||
|At 01.01.2021|||
|Charge for the year|||
|Disposals|||
|Net book valuation|||
|31December 2021||13,379,000|
|31December 2020||12,387,173|



## 



|8.Fixed assets investments||||
|---|---|---|---|
||CCLA|Investec|Total|
||Investment|||
||Funds|||
|Cost or valuation||||
|At 01.01.2021|594,346|754,594|1,348,940|
|Additions||||
|Revaluation|99,633|78,544|178,177|
|Disposais||||
||693,979|833,138|1,527,117|
|Original cost|364,828|606,575|971,403|



## 

## 

|10.Debtors|||
|---|---|---|
||2021|2020|
|Rents receivable|17,875|70,805|
|Rents bad debt provision||(14,976)|
|Sundry debtors|18,368|26,514|
|Prepayments|5,805|7,847|
||42,048|90,190|



|11.Creditors: am|ounts|falling du|e within one year|||
|---|---|---|---|---|---|
|||||2021|2020|
|Trade creditors||||284,780|165,171|
|Accrued expenses||||5,177|6,770|
|Deferred<br>income|—rents|invoiced|in advance|53,370|54,702|
|Taxation<br>and social security||||2,708|1,845|
|Sundry creditors||||24,043|17,906|
|||||370,078|246,394|
|12.Creditors: amounts||falling due more than one year||||
|||||2021|2020|
|Bank loan||||5,867,423|1,886,778|





## 

||||2021|2020|
|---|---|---|---|---|
|Redevelopment|ofthe|Almshouse|0|5,582,273|



## 

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## 

## 

||||||Realised/||
|---|---|---|---|---|---|---|
||||||Unrealised||
||Bal b/fwd|Incoming|Resources|Revaluation|Investment|Bal c/fwd|
||at 1.1.2021|resources|expended|of properties|gains/losses|at 31.12.21|
|Relief in Need|8,087,294|334,170|158,653|766,516|105,723|9,135,050|
|Lord Ossulton|608,290|25,135|12,630|57,654|7,952|686,401|
|Almshouse|6,157,565|307,620|298,348|467,657|64,502|6,698,996|
||14,853,149|666,925|469,631|1,291,827|178,177|16,520,447|