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|Reference and Administrat|Reference and Administrat|ion
Details|ion
Details|||
|---|---|---|---|---|---|
|Trustees and Directors||Susan James (Chair)||||
|||Alan Morris||||
|||Andrew
Longhurst||||
|||lan Bocock||||
|||Peter Davies||||
|||Jane Ellis||||
|||Wendy Walker||||
|||Simon Nash||||
|General Manager||Dominic Gilham||||
|Registered|Office|Ossulton
Court||||
|||New Windsor Street||||
|||Uxbridge,
Middlesex||||
|||UB8 2TD||||
|Charity number||1181683-1||||
|Company|number|11545982||||
|Auditors||Ward Williams||||
|||Chartered
Accountants||||
|||Belgrave House||||
|||39-43 Monument|Hill|||
|||Weybridge,
Surrey||||
|||KT13 8RN||||
|Bankers||Handelsbanken||||
|||Parris House, Watermans|||Court|
|||Watermans
Business Park||||
|||Kingsbury
Crescent||||
|||Staines Upon Thames||||
|||TW18 3BA||||
|Solicitors||Birdk Lovibond||||
|||5 Vine Street||||
|||Uxbridge||||
|||UB81QE||||
|Investment|Managers|CCLA Fund Managers||Limited||
|||Senator House||||
|||85 Queen Victoria Street||||
|||London
EC4V||4ET||
##
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|in office during the y|ear and subsequently
were as follows:|
|---|---|
|Ray Graham|appointed
from 14.11.2010until 13.11.2015,
re-appointed
from 14.11,2015 until 13.11.2018,|
||re-appointed
from 14.11.2018until 13.11.2022.|
|Mrs SJames|appointed
from 06.09.2011 until 05.09.2016,|
||re-appointed
from 06.09.2016until 05.09.2019,|
||re-appointed
from 06.09.2019until 05.09.2023.|
|Alan Morris|appointed
from 06.03.2012 until 05.03.2017,|
||re-appointed
from 06.03.2017until 05.03.2020,|
||re-appointed
from 06.03.2020 until 05.03.2024.|
|Mrs BEast|appointed
from 23.5.2013until 22.5.2017,|
||re-appointed
from 23.5.2017to 22.5.2021,|
||re-appointed
from 23.5.2021 to 22.5.2025,|
||resigned 18.01.2022.|
|Andrew Longhurst|appointed
from 08.11.2016until 07,11.2020,|
||appointed
from 08,11.2020 until 07.11.2024.|
|lan Bocock|appointed
from 14.11.2017until 13.11.2021.|
||re-appointed
from 14.11.2021 until 13.11,2025.|
|Peter Davies|appointed
from 08.01.2019until 07.01.2023,|
||re-appointed
from 08.01.23 until 07.01.2027.|
|Jane Ellis|appointed
from 15.11.22 until 14.11.26.|
|Wendy Walker|appointed
from 15.11.22 until 14.11.26.|
|Simon Nash|appointed
from 16.05.23 until 15.05.27.|
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||||Restricted|Restricted|Restricted|Restricted|Restricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||Fund|Fund|Fund|Fund|Fund|Fund|Funds|Funds|
||||Almshouse|Almshouse|Lord|Lord|Relief ln|Relief in|||
||||||Ossulton|Ossulton|Need|Need|||
|||Notes|2022|2021|2022|2021|2022|2021|2022|2021|
|Incoming resources|||||||||||
|Incoming resources from generated funds|||||||||||
|Almshouse
charges|||149,909|103,740|||||149,909|103,740|
|Investment
property
income||1(Split)|202,261|203,866|26,676|25,133|354,787|334,148|583,724|563,147|
|Other investment
income||1(Split)|63|14|9|2|111|22|183|38|
|Donations
received|||||||||||
||||352,233|307,620|26,685|25,135|354,898|334,170|733,816|666,925|
|Resources expended|||||||||||
|Costofgenerating
funds|||||||||||
|Investment
property expenses||1(Split)|92,784|32,508|11,438|4,008|152,079|53,282|256,301|89,798|
|Management
&administration||1(Split)|18,685|18,906|2@04|2,331|30,626|30,989|51,615|52,226|
|Char(table
activities|||||||||||
|Almshouse
expenses||2|372,868|203,391|||||372,868|203,391|
|Awards &grants||3|||4,323|6,291|34,017|74,382|38,340|80,673|
|Management
&administration|||53,774|43,543|||||53,774|43,543|
|Governance
costs|||||||||||
|Management
&administration||4 (split)|302||||494||833||
||||538,413|298,348|18,102|12,630|217 216|158,653|773,731|469,631|
|Net Incoming
resources before transfers|||(186,180)|9,272|8,583|12,505|137,682|175,517|(39,915)|197,294|
|Transfers between
funds|||||||||||
|Net Incoming
resources for the|year||186,180)|9272|8,583|12,505|137,682|175,517|39,915)|197294|
|Revaluation
ofproperties||7(Split)||467,657||57,654||766,516||1,291,827|
|Realised &unreallsed
investment|gains/losses|8(split)|49,412)|64,502|(6,092|7,952|80,990|105,723|(136,494)|178,177|
||||(49,412|532,159|(6,092|65,606|80,990)|872,239|(136,494)|1,470,004|
|Net movement
in funds||14|(235,592)|541,431|2,491|78,111|56,692|1,047,756|(176,409)|1,667,298|
|Balances brought forward at 1January 2022|||6,698,996|6,157,565|686,401|608,290|9,135,050|8,087,294|16,520,447|14,853,149|
||||6,463,404|6698,996|688,892|686,401|9,191,742|9,135,050|16,344,038|16,520,447|
||||||||||16,344,038||
##
||||Notes|2022|2022|2021|2021||
|---|---|---|---|---|---|---|---|---|
|Fixed Assets|||||9,337,175||7,358,716||
|Investment|properties||||12,879,000||13,379,000||
|Fixed asset|investment||||323,992||1,527 117||
||||||22,540,167||22,264,833||
|Current assets|||||||||
|Investments|||9||||||
|Debtors
8I prepayments|||10|35,226||42,048|||
|Cash at bank and in hand||||599,204||451,067|||
|||||634,430||493,115|||
|Creditors: amounts||falling due|||||||
|within one|year||11|432,276||370,078|||
|Net current|assets||||202,154||123,037||
|||||||||I|
|Total assets|less current liabilities||||22,742,321||22,387,870||
|Creditors: amounts||falling due|||||||
|after more|than one year||||6„398,283||5,867,423||
||||||164344,038||26,620,447||
|Restricted
Funds|||14||||||
|Relief in Need|||||9,19'1,742||9,135,050||
|Lord Ossulton|||||688,892||686,401||
|Almshouses|||||6,463,404||6,698,996||
||||||16,344,038||16,520,447||
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|Statement ofCash Flows for the year|end|ed 31De|ce||ber 2022|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022|2021|
|||||||||||Total Funds|Total Funds|
|Cash flows from operating
activities||||||||||||
|Net cash provided
by (used in) operating||activities|(A)||||||Table 1|(512,895)|(193,441)|
|Cash flows from investing
activities||||||||||||
|Dividends,
interest and rents from investments||||||||||583,724|563,147|
|Proceeds from sale of property,
plant|and|equipment||||||||500,000||
|Purchase of property,
plant and equipment||||||||||(2,020,183)|(4,246,718)|
|Proceeds from sale of investments||||||||||1,066,631||
|Purchase of investment||||||||||||
|Net cash provided
by (used in) investing||activities|(B)|||||||130,172|(3,683,571)|
|Cash flow from financing
activities||||||||||||
|Repayments
ofborrowing||||||||||||
|Cash inflows from new borrowing||||||||||530,860|3,980,645|
|Receipt ofendowment||||||||||||
|Net cash provided
by (used in) financing||activities|(C)|||||||530,860|3,980,645|
|Change in cash and cash equivalents|in the reporting||||period (A-B-C)|||||148,137|103,633|
|Change
in cash and cash equivalents|at the beginning|||ofthe reporting|||period||Table 2|451,067|347,434|
|Change
in cash and cash equivalents|due|to exchange|||rate movements|||||||
|Change in cash and cash equivalents|at the end of||the||reporting|period|||Table 2|599,204|451,067|
|Table 1:||||||||||||
|Reconciliation
ofnet income/expenditure||to net cash|||flow from|operating||activities||||
|Net income/expenditure
for the reporting||period||||||||(176,409)|1,667,298|
|Adjustments
for:||||||||||||
|Depreciation
charges||||||||||41,724|586|
|(Gains)/Losses
on investments||||||||||136,494|(1,470,004)|
|Dividends,
interest and rents from investments||||||||||(583,724)|(563,147)|
|Loss/(profit)
on disposal offixed assets||||||||||||
|Loss/(profit)
on demolition
ofAlmshouse||||||||||||
|(Increase)/decrease
in stocks||||||||||||
|(Increase)/decrease
in debtors||||||||||6,822|48,142|
|Increase/(decrease)in
creditors||||||||||62,198|123,684|
|Net cash provided
by (used in) operating||activities||||||||(512,895)|(193,441)|
|Table 2:||||||||||||
|Analysis ofcash and cash equivalents||||||||||||
|Cash in hand||||||||||599,204|451,067|
|Notice deposits-
less than three months||||||||||||
|Overdraft
facility repayable
on demand||||||||||||
|Total cash and cash equivalents||||||||||599,204|451,067|
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||||2022|2021|
|---|---|---|---|---|
|Training|||||
|Mileage|||||
|Travel|||||
|Misc|||||
|Refreshments|||833||
||||833||
|Employees|||||
||||2022|2021|
|Wages and|salaries, including|social security costs|127,964|108,139|
|Employers|pension contributions||6,473|5,807|
|Redundancy|payments||||
||||134,437|113,946|
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|6.Fixed assets - tangible||||||||
|---|---|---|---|---|---|---|---|
||Almshouses||||Office|Tota I||
||Original|FKF|Land|New Build|F5 F|||
||1%SL|10%SL|||25%WDV|||
|Cost or valuation||||||||
|At 01.01.2022||||7,356,957|17017|7|373974|
|Additions||12,866||1,996,119|11,198|2,020,183||
|Disposa Is||||||||
|Transfers|9,353,076|||(9,353,076)||||
||9,353,076|12,866|||28,215|9,394,157||
|Depreciation||||||||
|At 01.01.2022|||||15,258||15,258|
|Charge for the year|38,971|536|||2,217||41,724|
|Disposals||||||||
|Transfers||||||||
||38,971|536|||17,475||56,982|
|Net book valuation||||||||
|31December 2022|9,314,105|12,330|||10,740|9,337,175||
|31December 2021||||7,356,957|1,759|7,358,716||
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|8.Fixed assets investments||||
|---|---|---|---|
||CCLA|Investec|Tota I|
||Investment|||
||Funds|||
|Cost or valuation||||
|At 01.01.2022|693,979|833,138|1,527,117|
|Additions||||
|Revaluation|(69,987)|(66,507)|(136,494)|
|Disposals|(300,000)|(766,631)|(1,066,631)|
||323,992||323,992|
|Original cost|364,828||364,828|
|9.Current assets investments||||
|The trust does not currently|hold any current asset investments.|||
##
|10.Debtors|||||
|---|---|---|---|---|
||||2022|2021|
|Rents receivable|||18,051|17,875|
|Rents bad debt provision|||||
|Sundry debtors|||12,492|18,368|
|P repayments|||4,683|5,805|
||||35,226|42,048|
|11.Creditors: amounts|falling due within one year||||
||||2022|2021|
|Trade creditors|||345,955|284,780|
|Accrued expenses|||13,752|5,177|
|Deferred income - rents|invoiced|in advance|43,962|53,370|
|Taxation and social security|||2,891|2,708|
|Sundry creditors|||25,716|24,043|
||||432,276|370,078|
|12.Creditors: amounts|falling due more than one year||||
||||2022|2021|
|Bank loan|||6,398,283|5,867,423|
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|||||||Realised/||
|---|---|---|---|---|---|---|---|
|||||||Unrea lised||
||Bal b/fwd|Incoming|Resources|Revaluation||Investment|Bal c/fwd|
||at 1.1.2022|resources|expended|ofproperties||gains/losses|at 31.12.22|
|Relief in Need|9,135,050|354,898|(217,216)||0|(80,990)|9,191,742|
|Lord Ossulton|686,401|26,685|(18,102)|||(6,092)|688,892|
|Almshouse|6,698,996|352,233|(538,413)||0|(49,412)|6,463,404|
||16,520,447|733,816|(773,731)||0|(136,494)|16,344,038|