| Pages | |||
|---|---|---|---|
| Trustees' | annual report |
1 to 3 | |
| Independent examiner's report to the trustees |
|||
| Statement | offinancial | activities | |
| Statement | offinancial | position | |
| Notes to the financial | statements | 7to 14 |
| Period from 1 Jul 2020 t |
o 31 March 2021 | |||||
|---|---|---|---|---|---|---|
| Period from | 1 Jul 20to | |||||
| 31 Mar | 21 | |||||
| Unrestricted | ||||||
| funds | Total funds | |||||
| Note | ||||||
| Income and endowments | ||||||
| Transferred from Broadway Cottages Trust Charitable activities Investment income |
4 5 6 |
1,143,248 34,234 8,694 |
1,143,248 34,234 8,694 |
|||
| Total income | 1,186,176 | 1,186,176 | ||||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Investment management costs Expenditure on charitable activities |
7 8,9 |
9,878 116,875 |
9,878 116,875 |
|||
| Total expenditure | 126,753 | 126,753 | ||||
| Net losses on investments | 11 | 27,252 | 27,252 | |||
| Net income | 1,032,171 | 1,032,171 | ||||
| Other recognised gains and |
losses | |||||
| Gains / (losses) on revaluation |
of investments | 62,395 | 62,395 | |||
| Net movement in funds |
1,094,566 | 1,094,566 | ||||
| Reconciliation offunds |
||||||
| Total funds brought forward |
||||||
| Total funds carried forward | 1,094,566 | 1,094,566 |
| 4. | Transferred | from Broadwa | y Cottag | es Trust | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | ||||||
| Funds | 2021 | ||||||
| E | |||||||
| Donations | |||||||
| Transferred | from Broadway | Cottages | Trust | 1,143,248 | 1,143,248 | ||
| 5. | Charitable | activities | |||||
| Unrestricted | Total Funds | ||||||
| Funds | 2021 | ||||||
| F | |||||||
| Income from non-investment | property | in furtherance | ofthe charity's | ||||
| objects | 34,234 | 34,234 | |||||
| 6. | Investment | income | |||||
| Unrestricted | Total Funds | ||||||
| Funds | 2021 | ||||||
| E | |||||||
| Income from listed investments | 8,670 | 8,670 | |||||
| Bank interest receivable | 24 | 24 | |||||
| 8,694 | 8,694 | ||||||
| 7. | Investment | management | costs | ||||
| Unrestricted | Total Funds | ||||||
| Funds | 2021 | ||||||
| E | |||||||
| Porffolio management | 9,878 | 9,878 | |||||
| 8. | Expenditure | on charitable | activities | by fund type |
| Expendit | ure on charitable activities by fun |
d type | |
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| E | |||
| Provision | of housing | 25,840 | 25,840 |
| Grants made | 74,500 | 74,500 | |
| Lifeline support | 3,186 | 3,186 | |
| Support | costs | 13,349 | 13,349 |
| 116,875 | 116,875 |
| 9. | Expenditure | o | n charitabl | e activ |
i | ties by |
activity type | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Activities | ||||||||||||
| undertaken | Support | Total funds | ||||||||||
| directly E |
costs E |
2021 f |
||||||||||
| Provision of |
housing | 25,840 | 11,908 | 37,748 | ||||||||
| Grants made | 74,500 | 74,500 | ||||||||||
| Lifeline support | 3,186 | 3,186 | ||||||||||
| Governance | costs | 1,441 | 1,441 | |||||||||
| 103,526 | 13,349 | 116,875 | ||||||||||
| 10. | Analysis of |
support costs | ||||||||||
| Provision of |
||||||||||||
| housing | Total | 2021 | ||||||||||
| f. | ||||||||||||
| Staff costs | 10,098 | 10,098 | ||||||||||
| General office | 739 | 739 | ||||||||||
| Legal and professional fees |
1,071 | 1,071 | ||||||||||
| 11,908 | 11,908 | |||||||||||
| 11. | Net losses on | investments | ||||||||||
| Unrestricted | Total Funds | |||||||||||
| Funds | 2021 | |||||||||||
| Gains/(losses) | on other investment | assets | (27,252) | (27,252) | ||||||||
| 12. | Independent | examination | fees | |||||||||
| Period | from | |||||||||||
| 1 Jul | 20to | |||||||||||
| 31 Mar 21 | ||||||||||||
| Fees payable | to the independent | examiner | for: | |||||||||
| Independent | examination | ofthe financial statements | 1,200 | |||||||||
| 13. | Staff costs and emoluments | |||||||||||
| The total staff | costs and employee | benefits | for the reporting | period are | analysed as |
follows: | ||||||
| Period | from | |||||||||||
| 1 Jul | 20to | |||||||||||
| 31 Mar 21 | ||||||||||||
| Wages and salaries | 18,770 | |||||||||||
| Employer contributions to |
pension | plans | 387 | |||||||||
| 19,157 |
| No trustee Tangible |
expenses have been incurred. fixed assets |
|
|---|---|---|
| Freehold | ||
| property | ||
| Cost | ||
| At 1 July | 2020 | |
| Additions | 448,679 | |
| At 31 March 2021 | 448,679 | |
| Depreciation | ||
| At 1 July | 2020 and 31 March 2021 | |
| Carrying | amount | |
| At 31 March 2021 | 448,679 |
| Investments | |
|---|---|
| Listed | |
| investments | |
| Cost or valuation | |
| At 1 July 2020 | |
| Additions | 612,855 |
| Disposals | (93,243) |
| Other movements | 72,241 |
| At 31 March 2021 | 591,853 |
| Impairment | |
| At 1 July 2020 and 31 March 2021 | |
| Carrying amount |
|
| At 31 March 2021 | 591,853 |
| 17. | Debtors | ||
|---|---|---|---|
| 31 Mar 21 | |||
| Prepayments and accrued income |
2,101 | ||
| 18. | Creditors: amounts | falling due within one year | |
| 31 Mar 21 | |||
| Accruals and deferred | income | 1400 |
| Unrestri | cted funds |
|||||||
|---|---|---|---|---|---|---|---|---|
| At | ||||||||
| At | Gains and | 31 March 20 | ||||||
| 1 | July | 2020 | Income | Expenditure | losses | 21 | ||
| E | E | |||||||
| General | funds | 1,186,176 | (126,753) | 35,143 | 1,094,566 |
| Analysis of net as | sets between funds | ||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| E | |||
| Tangible fixed assets | 448,679 | 448,679 | |
| Investments | 591,853 | 591,853 | |
| Current Assets | 55,434 | 55,434 | |
| Creditors less than | 1 year | (1,400) | (1,400) |
| Net assets | 1,094,566 | 1,094,566 |