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||||Pages|
|---|---|---|---|
|Trustees'|annual
report||1 to 9|
|Independent
examiner's
report to the trustees|||10|
|Statement|offinancial|activities||
|Statement|offinancial|position|12|
|Notes to the financial||statements|13to 24|
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|Registered
charity|name|Barnstaple
Almshouses|Barnstaple
Almshouses|Barnstaple
Almshouses|Barnstaple
Almshouses|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Charity registration|number|1186225||||||||||
|Principal office||Chudleigh|House|||||||||
|||Grange Road||||||||||
|||Bideford||||||||||
|||Devon||||||||||
|||EX394AR||||||||||
|The trustees||||||||||||
|Co-optative|Nominated||Appointed||to|Reappointed|||on|Reappointed|to|
|Mr M Ford(Chairman)|||8.11.2021|||3.6.2021||||3.6.2024||
|Mr E Dymond|||8.11.2021|||3.6.2021||||3.6.2024||
|Rev D Fletcher|||8.11.2022|||||||||
|Dr RBeer (Rtd)|||8.11.2020|||3.6.2021||||3.6.2024||
|Mr BAnderson|||8.11.2022|||||||||
|Mr R Saunders|||8.11.2022|||||||||
|Mrs S Smaldon|||8.11.2022|||||||||
|Mrs PArthur|||8.11.2022|||3.6.2021||||3.6.2024||
||Cllr V|Elkins|16.6.2022|||||||||
|Ex Officio Trustee|||1.5.2021|||27.5.2021||||1.5.2022||
|he Mayor of Barnstaple||||||||||||
|Rennles.||||||||||||
|Independent
Examiner||Solicitors||IFA||||||Bank||
|Catherine
Williams|ACA DChA|Slee Blackwall||Mrs K||Baines||||Barclays||
|Thomas Westcott||Solicitors||Perrins||Financial||Planning||38 Boutport|Street|
|Chartered
Accountants||10Cross|Street|NODE||Cowork||||Barnstaple||
|47 Boutport Street||Barnstaple||1|Enterprise||Road|||EX31 1HH||
|Barnsta pie||EX32 1BA||Roundswell||||||||
|EX31 1SQ||Tozers Solicitors||Barnstaple||||||||
|||Broadwalk||Devon||||||||
|||House||EX31||3YB||||||
|||Southernhay
W||||||||||
|||Exeter||||||||||
|||EX1 1UA||||||||||
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|Year ended 30|June|202|1|||||
|---|---|---|---|---|---|---|---|
|||||2021|||2020|
||||Unrestricted|Restricted|Endowment|||
||||funds|funds|funds|Total funds|Total funds|
|||Note|6|E|6|6|E|
|Income and endowments||||||||
|Donations
and legacies||4|||||10,800|
|Charitable
activities||5|320|||320||
|Other trading
activities||6|164,880|||164,880|54,133|
|Investment
income||7|10,283|||10,283|2,631|
|Other income||8|||||2,092,239|
|Total income|||175,483|||175,483|2,159,803|
|Expenditure||||||||
|Expenditure
on||||||||
|charitable
activities||9,10|172,343||11,162|183,505|35,523|
|Total expenditure|||172,343||11,162|183,505|35,523|
|Net gains/(losses)|on|||||||
|investments||13|||46,286|46,286|(18,958)|
|Net income|||3,140||35,124|38,264|2,105,322|
|Transfers
between|funds||(6,274)|50|6,224|||
|Net movement
in|funds||(3,134)|50|41,348|38,264|2,105,322|
|Reconciliation
of|funds|||||||
|Total funds brought|forward||243,876|240|1,861,206|2,105,322||
|Total funds carried forward|||240,742|290|1,902,554|2,143,586|2,105,322|
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|30June 2021|||||
|---|---|---|---|---|
||||2021|2020|
|||Nots|6||
|Fixed assets|||||
|Tangible fixed assets||18|1,770,348|1,665,671|
|Investments||19|355,612|290,570|
||||2,125,960|1,956,241|
|Current assets|||||
|Debtors||20|283|2,213|
|Cash at bank and in|hand||110,330|149,975|
||||110,613|152,188|
|Creditors: amounts|falling due within one year|21|11,717|3,107|
|Net current assets|||98,896|149,081|
|Total assets less current liabilities|||2,224,856|2,105,322|
|Creditors: amounts|falling due after more than one year|22|81,270||
|Net assets|||2,143,586|2,105,322|
|Funds ofthe charity|||||
|Endowment
funds|||1,902,554|1,861,206|
|Restricted funds|||290|240|
|Unrestricted
funds|||240,742|243,876|
|Total charity funds||23|2,143,586|2,105,322|
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||||||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|
||||||||Funds|Funds|2021|
||||||||f|F|E|
||Donations|||||||||
||Donations|||||||||
||Grants|||||||||
||Grants|||||||||
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds
f|Funds|2020
f|
||Donations|||||||||
||Donations||||||24||24|
||Grants|||||||||
||Grants||||||10,001|775|10,776|
||||||||10,025|775|10,800|
|5.|Charitable|||activities||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds
f|2021
E|Funds
E|2020|
||Annual|Licenses||||320|320|||
|6.|Other|trading|||activities|||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2021
E|Funds
f|2020
f|
||Residents|||contributions||165,000|165,000|53,953|53,953|
||Allotment||income Penrose|||(120)|(120)|180|180|
|||||||164,880|164,880|54,133|54,133|
|7.|Investment|||income||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2021|Funds|2020|
||||||||E|E|E|
||Bank interest||||receivable|14|14|22|22|
||Investment|||income||10,269|10,269|2,609|2,609|
|||||||10,283|10,283|2,631|2,631|
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|||||Unrestricted|Restricted|Endowment|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds
F|Funds
E|Funds
E|2021
f|
|Transfer|from|Barnstaple|Municipal|||||
|Charities||||||||
|||||Unrestdcted|Restricted|Endowment|Total Funds|
|||||Funds|Funds|Funds|2020|
|||||E|6||6|
|Transfer|from|Barnstaple|Municipal|||||
|Charities||||210,769|240|1,881,230|2,092,239|
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|Expenditu|re
on charitable
a|ctivities by fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2021|
|||F|6|f|8|
|Charitable|activities|143,460||11,162|154,622|
|Support costs||28,883|||28,883|
|||172,343||11,162|183,505|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2020|
|||E|6|6|6|
|Charitable|activities|26,809|775|3,746|31,330|
|Support costs||4,193|||4,193|
|||31,002|775|3,746|35,523|
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|||Activities||||||
|---|---|---|---|---|---|---|---|
|||undertaken|Grant|funding||Total funds|Total fund|
|||directly
6|of|activities
6|Support costs
f|2021
E|2020
f|
|Charitable|activities|153,691||931|28,883|183,505|35,523|
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|||||Charitable|||
|---|---|---|---|---|---|---|
|||||activities|Total 2021|Total 2020|
||||||6|E|
||Staff costs|||20,300|20,300|1,348|
||General office|||168|168|30|
||Legal and professional||fees|1,798|1,798|1,210|
||Independent
Examiner||fees|1,928|1,928|1,500|
||Investment
management||costs|389|389|105|
||Loan arrangement|fee||4,300|4,300||
|||||28,883|28,883|4,193|
|12.|Analysis ofgrants||||||
||||||2021
f|2020
F|
||Grants to individuals||||||
||Grants to individuals||||931||
||Total grants||||931||
|13.|Net gains/(losses)|Net gains/(losses)|Net gains/(losses)|on investments|on investments|on investments|on investments|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Endowment||Total|Funds|Endowment|Total Funds|
||||||||||Funds||2021|Funds|2020|
||||||||||6|||E|6|
||Gains/(losses)||on listed||investments||||46,286||46,286|(18,958)|(18,958)|
|14.|Net income|||||||||||||
||Net income is||stated|after||charging/(crediting):||||||||
|||||||||||||2021|2020|
||Depreciation|oftangible|||fixed assets|||||||18,547|5,025|
|15.|Independent||examination|||fees||||||||
|||||||||||||2021|2020|
|||||||||||||6|E|
||Fees payable||to the|independent|||examiner for:|||||||
||Independent|examination||||of the financial||statements||||1,500|1,500|
|16.|Staff costs|||||||||||||
||The total staff||costs|and|employee||benefits for||the reporting||period are|analysed as|follows:|
|||||||||||||2021|2020|
||||||||||||||F|
||Wages and salaries|||||||||||30,802|10,946|
|||||||||||||30,802|10,946|
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|During
the year no trustees
received
were reimbursed
to Trustees.
Tangible fixed assets|remuneration
in respect of bei|ng a trustee.
|No expenses|
|---|---|---|---|
||Freehold|Plant and||
||property|machinery|Total|
||E|6||
|Cost||||
|At 1 July 2020|1,663,489|7,207|1,670,696|
|Additions|117,795|5,429|123,224|
|At 30June 2021|1,781,284|12,636|1,793,920|
|Depreciation||||
|At 1 July 2020
Charge for the year|4,424
15,537|601
3,010|5,025
18,547|
|At 30June 2021|19,961|3,611|23,572|
|Carrying
amount||||
|At 30June 2021|1,761,323|9,025|1,770,348|
|At 30June 2020|1,659,065|6,606|1,665,671|
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|Investments||
|---|---|
||Listed|
||investments|
||6|
|Cost or valuation||
|At 1 July 2020|290,570|
|Additions|18,756|
|Fair value movements|46,286|
|At 30June 2021|355,612|
|Carrying
amount||
|At 30June 2021|355,612|
|At 30June 2020|290,570|
|All investments
shown above are held at valuation.||
|20.|All investments
Debtors|shown|above are held at valuation.|||
|---|---|---|---|---|---|
|||||2021|2020|
||||||6|
||Prepayments|and accrued income||148|2,213|
||Other debtors|||135||
|||||283|2,213|
|21.|Creditors: amounts||falling due within one year|||
|||||2021|2020
f|
||Trade creditors|||1,187|1,607|
||Accruals and|deferred|income|1,500|1,500|
||Other loans|||9,030||
|||||11,717|3,107|
|22.|Creditors: amounts||falling due after more than one year|||
|||||2021|2020|
|||||9|6|
||Otherloans|||81,270||
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|Unrestricted|funds||||||
|---|---|---|---|---|---|---|
|||At||||At|
|||1 Jul 2020
f|Income
F|Expenditure|Transfers 30Jun 2021
E
f||
|General funds||115,017|175,483|(144,707)|(131,690)|14,103|
|Maintenance|funds|9,120||(9,120)|||
|Almshouses|Fixed Assets|107,588||(7,406)|123,224|223,406|
|Poor's Income Fund||2,151||(1,110)|2,192|3,233|
|NDDC Business Grants Covid-1 9||10,000||(10,000)|||
|||243,876|175,483|(172,343)|(6,274)|240,742|
|||At||||At|
|||1 Jul 2019|income|Expenditure|Transfers 30Jun 2020||
|||6||||E|
|General funds|||157,226|(29,724)|(12,485)|115,017|
|Maintenance|funds||||9,120|9,120|
|Almshouses|Fixed Assets||108,181|(1,278)|685|107,588|
|Poor's Income Fund|||2,151|||2,151|
|NDDC Business Grants|||||||
|Covid-19|||10,000|||10,000|
||||277,558|(31,002)|(2,680)|243,876|
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|||At||||At|
|---|---|---|---|---|---|---|
|||1 Jul 2020
8|Income
E|Expenditure
E|Transfers 30Jun 2021
f
8||
|Extraordinary|repair fund|240|||50|290|
|||At||||At|
|||1 Jul 2019
F|Income
f|Expenditure|Transfers 30Jun 2020
8
8||
|Devon CC/NDD Covid-1 9 Fund|||495|(495)|||
|Western Power In this together|||||||
|fund|||280|(280)|||
|Extraordinary|repair fund||240|||240|
||||1,015|(775)|—|240|
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||||At||||Gains and|At|
|---|---|---|---|---|---|---|---|---|
||||1 Jul 2020
f|Income
f|Expenditure
f|Transfers
F|losses 30
f|Jun 2021
f|
|Property|Fund||1,558,104||(11,162)|||1,546,942|
|Investment||fund|303,102|||6,224|46,286|355,612|
||||1,861,206||(11,162)|6,224|46,286|1,902,554|
||||At||||Gains and|At|
||||1 Jul 2019|Income
f|Expenditure
f|Transfers
f|losses 30 Jun 2020
f
f||
|Property|Fund|||1,561,850|(3,746)|||1,558,104|
|Investment||fund||319,380|—|2,680|(18,958)|303,102|
|||||1,881,230|(3,746)|2,680|(18,958)|1,861,206|
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|Analysis of net as|se|ts between f|unds||||
|---|---|---|---|---|---|---|
||||Unrestdicted|Restricted|Endowment|Total Funds|
||||Funds
f|Funds
F|Funds
F|2021
f|
|Tangible fixed assets|||223,406||1,546,942|1,770,348|
|Investments|||||355,612|355,612|
|Current assets|||110,323|290||110,613|
|Creditors less than|1|year|(11,717)|||(11,717)|
|Creditors greater than||1 year|(81,270)|||(81,270)|
|Net assets|||240,742|290|1,902,554|2,143,586|
||||Unrestricted|Restricted|Endowment|Total Funds|
||||Funds|Funds|Funds|2020|
||||F|f|f|f|
|Tangible fixed assets|||107,567||1,558,105|1,665,672|
|Investments|||||290,569|290,569|
|Current assets|||139,416|240|12,532|152,188|
|Creditors less than|1|year|(3,107)|||(3,107)|
|Creditors greater than||1 year|||||
|Net assets|||243,876|240|1,861,206|2,105,322|
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|Detailed Statement
Year ended 30June|ofFinan
2021|cial Activities|||
|---|---|---|---|---|
||||2021|2020|
||||6||
|Income and endowments|||||
|Donations
and legacies|||||
|Donations||||24|
|Grants||||10,776|
|||||10,800|
|Charitable
activities|||||
|Annual
Licenses|||320||
|Other trading activities|||||
|Residents
contributions|||165,000|53,953|
|Allotment
income Penrose|||(120)|180|
||||164,880|54,133|
|Investment
income|||||
|Bank interest receivable|||14|22|
|Investment
income|||10,269|2,609|
||||10,283|2,631|
|Other income|||||
|Transfer from Barnstaple|Municipal|Charities||2,092,239|
|Total income|||175,483|2,159,803|
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|Expenditure
on char|ita|ble|activities|||
|---|---|---|---|---|---|
|Charitable
activities||||||
|Activities undertaken||directly||||
|Salaries - caretakers||||10,502|9,598|
|Residents
committee|expenditure|||1,279|1,083|
|Utilities||||19,937|7,548|
|Cyclical repairs to Almshouses||||90,192|5,479|
|Insurance||||4,954|1,683|
|Extraordinary
repairs|to Almshouses|||6,106|226|
|Office costs||||1,887|547|
|Depreciation||||18,547|5,025|
|Subscriptions||||287|141|
|||||153,691|31,330|
|Grant funding
activities||||||
|Grants paid||||931||
|Support costs||||||
|Salaries - charity manager||||20,300|1,348|
|Loan arrangement
fee||||4,300||
|Legal and professional||fees||1,798|1,210|
|Office costs||||168|30|
|Accountancy||||1,928|1,500|
|Investment
management||costs||389|105|
|||||28,883|4,193|
|Expenditure
on charitable|||activities|183,505|35,523|