OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2023-06-30-accounts

								2023	2022
					Unrestricted	Restricted	Endowment	Total	Total
					funds	funds	funds	funds	funds
				Notes	E	E	E	E	E
INCOME AND ENDOWMENTS
FROM
Charitable activities
Almshouse activity					33,078			33,078	34,250
Investment income				3	1,507			1,507	1,445
Total					34,585			34,585	35,695
EXPENDITURE ON
Charitable activities
Almshouse activity					17,249			17,249	11,421
					17,336			17,336	24,274
Net gains/(losses)	on
Investments					4,965		959	5,924	(496)
NET INCOME					22,301		959	23,260	23,778
Other recognised	gains/(losses)
Gains on revaluation			offixed
assets					274,645			274,645
Net movement In	funds				296,946		959	297,905	23,778
RECONCILIATION	OF		FUNDS
Total funds brought		forward			925,952	194,660	170,658	1,291,270	1,267,492
TOTAL FUNDS CARRIED
FORWARD					1,222,898	194,660	171,617	1,589,175	1,291,270

						2023	2022
			Unrestricted	Restricted	Endowment	Total	Tota I
			funds	funds	funds	funds	funds
		Notes	f	f	E	E	E
FIXEDASSETS
Tangible assets		10	1,030,178	194,660	140,000	1,364,838	1,090,193
Investments		11	133,905		31,617	165,522	159,598
			1,164,083	194,660	171,617	1,530,360	1,249,791
CURRENT ASSETS
Debtors		12	1,361			1,361	954
Cash at bank			61,037			61,037	43,248
			62,398			62,398	44,202
CREDITORS
Amounts falling due within one
year		13	(3,583)			(3,583)	(2,723)
NET CURRENT ASSETS			58415			58p815	41,479
TOTAL ASSETS LESSCURRENT
LIA8IUTIES			1,222,898	194,660	171,617	1,589,175	1,291,270
NETASSETS			1~222~898	194~660	171p617	1p589p175	1291270
FUNDS		14
Unrestricted	funds					1p222,898	925,952
Restricted funds						194,660	194,660
Endowment	funds					171,617	170,658
TOTALFUND	S					1,589,175	1,291,270


3.	INVESTMENT INCOME
					2023	2022
					E	E
	Charifund	income shares			591	542
	COIF income shares				916	903
					1,507	1,445
4.	INCOME FROM		CHARITABLE ACTIVITIES
					2023	2022
					E	E
	Almshouse	activity
	Contributions		receivable		35,759	34,250
	Losses	from	vacancies		(2,681)
					33,078	34,250
5.	CHARITABLE ACTIVITIES COSTS
				Direct	Support
				Costs (see	costs (see
				note 6)	note 7)	Totals
				E	E	E
	Almshouse	activity		11,442	5,807	17,249

DIRECT COS	TS OF CHA	RIT	ABLE ACTIVITIES
					2023	2022
					E	E
Water charges					67	51
Insurance					951	1,123
Electricity					769	468
Repairs and	maintenance				6,314	2,341
Cyclical repairs					2,258
Gardening					1,080	960
Careline					(59)	238
Sundry expenses					62	11
					11,442	5,192
SUPPORT COSTS
					Governance
				Management	costs	Totals
				f	E	E
Almshouse	activity			3,945	1,862	5,807
Support costs, included		in	the above, are as follows:
					2023	2022
					Almshouse	Total
					activity	activities
					E	E
Clerk's fees	and expenses				3,792	3,820
Subscriptions					153	146
Independent	examination		fees		278	210
Accountancy	fees				1,284	1,180
Legal and professional		fees			300	873
					5,807	6,229

	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Endowment	Total
			funds	funds	funds	funds
			E	E	E	E
	INCOME AND ENDOWMENTS	FROM
	Charitable activities
	Almshouse activity		34,250			34,250
	Investment Income		1,445			1,445
	Total		35,695			35,695
	EXPENDITURE ON
	Charitable activities
	Almshouse activity		11,421			11,421
			24,274			24,274
	Net gains/(losses) on investments		1,197		(1,693)	(496)
	NET INCOME/(EXPENDITURE)		25,471		(1,693)	23,778
	RECONCILIATION OF FUNDS
	Total funds brought forward		900,481	194,660	172,351	1,267,492
	TOTAL FUNDS CARRIED FORWARD		925,952	194,660	170,658	1,291,270
10.	TANGIBLE FIXEDASSETS
						Freehold
						property
						E
	COST OR VALUATION
	At 1July 2022					1,090,193
	Revaluations					274,645
	At 30June 2023					1,364438
	NET BOOK VALUE
	At 30June 2023					1,364,838
	At30June 2022					1,090,193

10.	TANGIBLE FIXED	ASSETS	- continued
	Cost or valuation	at 30June 2023 Is represented		by:
					Freehold
					property
					E
	Accumulated revaluation		gains		993,468
	Cost				371,370
					1,364,838
11.	FIXEDASSET INVESTMENTS
					Listed
					investments
					E
	MARKET VALUE
	At 1July 2022				159,598
	Revaluations				5,924
	At 30June 2023				165,522
	NET BOOK VALUE
	At 30June 2023				165,522
	At 30June 2022				159,598

			Listed
			investments
			E
Accumulated	revaluation	gains	79,476
Cost			86,046
			165,522

12.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING	FALLING	DUE	WITHIN ONE YEAR	WITHIN ONE YEAR
										2023	2022
										f	f
	Contribution	arrears								83	6
	Prepayments	and accrued income								1,278	948
										1,361	954
13.	CREDITORS:	AMOUNTS		FALLING DUE WITHIN			ONE YEAR
										2023	2022
										f	f
	Contribution	received	in advance							1,689	1,193
	Other creditors										140
	Accruals and	deferred	income							1p894	1,390
											2723
14.	MOVEMENT	IN FUNDS
								Net		Transfers
								movement		between	At
							At 1.7.22	in funds		funds	30.6.23
							f	f		f	f
	Unrestricted	funds
	Income Account						57,651	20,962		(10,270)	68,343
	Housing Property Reserve						76,710				76,710
	Housing Property Revaluation				Reserve		678,823	274,645			953p468
	Cyclical Maintenance		Reserve				57,118	(977)		4,270	60,411
	Extraordinary	Repair	Reserve				55,650	2+16		6,000	63,966
							925,952	296,946			1,222,898
	Restricted funds
	Social Housing Grant		Fund				173,660				173,660
	National Association		ofAlmshouses			Grant
	Fund						21,000				21,000
							194,660				194,660
	Endowment	funds
	Permanent Endowment			Fund			130,658		959		131,617
	Permanent Endowment			Fund	Revaluation
	Reserve						40,000				40,000
							170,658		959		171,617
	TOTAL FUNDS						1,291,270	297,905			1,589,175

						Incoming	Resources	Gains and	Movement
						resources f	expended f	losses f	in funds f
Unrestricted funds
Income Account						34,585	(14,991)	1,368	20,962
Housing Property	Revaluation			Reserve				274,645	274,645
Cyclical Maintenance		Reserve					(2,258)	1,281	(977)
Extraordinary Repair		Reserve						2,316	2p316
						34,585	(17,249)	279,610	296,946
Endowment funds
Permanent Endowment			Fund					959	959
TOTAL FUNDS						34,585	(17,249)	280,569	297,905
Comparatives for	movement			In funds
							Net	Transfers
							movement	between	At
						At 1.7.21	in funds	funds	30.6.22
						E	E	E	f
Unrestricted funds
Income Account						43,270	24,651	(10,270)	57,651
Housing Property	Reserve					76,710			76,710
Housing Property	Revaluation			Reserve		678,823			678,823
Cyclical Maintenance		Reserve				52,666	182	4,270	57,118
Extraordinary Repair		Reserve				49,012	638	6,000	55,650
						900,481	25,471		925,952
Restricted funds
Social Housing Grant		Fund				173,660			173,660
National Association		of	Almshouses		Grant
Fund						21,000			21,000
						194,660			194,660
Endowment funds
Permanent Endowment			Fund			132,351	(1,693)		130,658
Permanent Endowment			Fund	Revaluation
Reserve						40,000			40,000
						172,351	(1,693)		170,658
TOTAL FUNDS						t,ttt, 492	23,778		1,291,270

					Incoming	Resources	Gains	and	Movement
					resources	expended	losses		in funds
					f	E	E		E
Unrestricted		funds
Income Account					35,695	(11,421)		377	24,651
Cyclical Maintenance			Reserve					182	182
Extraordinary		Repair	Reserve					638	638
					35,695	(11,421)	1,197		25,471
Endowment		funds
Permanent	Endowment			Fund			(1,693)		(1,693)
TOTALFUNDS					35,695	(11,421)	(496)		23,778

				2023	2022
				f	E
INCOME AND	ENDOWMENTS
Investment income
Charlfund income shares				591	542
COIF Income shares				916	903
				1,507	1,445
Charitable activities
Contributions	receivable			35,759	34,250
Losses from vacancies				(2,681)
				33,078	34,250
Total incoming	resources			34p585	35,695
EXPENDITURE
Charitable activities
Water charges				67	51
Insurance				951	1123
Electricity				769	468
Repairs and maintenance				6,314	2,341
Cyclical repairs				2,258
Gardening				1,080	960
Careline				(59)	238
Sundry expenses				62	11
				11,442	5,192
Support cos'ts
Management
Clerk's fees and expenses				3,792	3,820
Subscrlptions				153	146
				3,945	3,966
Governance	costs
Independent	examination		fees	278	210
Accountancy	fees			1,284	1,180
Legal and professional		fees		300	873
				1,862	2,263
Total resources	expended			17,249	11,421
Net Income				17,336	24,274