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|||Mr P Simpso<br>J Wright|n||||
|---|---|---|---|---|---|---|
|Charity number||1192174|||||
|Independent|examiner|Deborah<br>Fletcher-McVay|||ACA||
|||Kenneth<br>Easby Limited|||||
|||Accountants|||||
|||Oak House,|Market|Place|||
|||Bedale|||||
|||North Yorkshire|||||
|||DL8 1AQ|||||
|Bankers||Barclays Bank pic|||||
|||Leicester|||||
|||LE872BB|||||
|||CAF Bank Ltd|||||
|||25 Kings<br>Hill|Avenue||||
|||Kings<br>Hill|||||
|||West Mailing|||||
|||Kent|||||
|||ME194JQ|||||
|Investment|advisors|CCLA Investment||Management||Ltd|
|||80 Cheapside|||||
|||London|||||
|||EC2V 6DZ|||||





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||||Page|
|---|---|---|---|
|Trustees'<br>report|||1-2|
|Independent<br>examiner's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Statement<br>ofcash flows||||
|Notes to the financial|statements||7-16|





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|~ni~e~||Notes|2021|2021||2020f|2020<br>f|2020<br>E|
|Donations<br>and|legacies||13||13||||
|Charitable<br>activities|||12,443|319,000|331,443|10,760|20,000|30,760|
|Investments|||907||907|934||934|
|Total income|||13,363|319,000|332,363|11,694|20,000|31,694|
|Charitable<br>activities||5|32,710|2,940|35,650|14,205|1,500|15,705|
|Net gains/(losses)||on|||||||
|investments|||4,410||4,410|1,869||1,869|
|Net (outgoing)/incoming|||||||||
|resources before||transfers|(14,937)|316,060|301,123|(642)|18,500|17,858|
|Gross transfers|between||||||||
|funds|||342,102|(342,102)||(7,542)|7,542||
|Net movement|in|funds|327,165|(26,042)|301,123|(8,184)|26,042|17,858|
|Fund balances|at 1 January||||||||
|2021|||109,740|26,042|135,782|117,924||117,924|
|Fund balances|at|31|||||||
|December 2021|||436,905||436,905|109,740|26,042|135,782|





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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|f.||F||
|Fixed assets||||||||
|Tangible assets|||9||611,215||42,458|
|Investments|||10||35,498||31,088|
||||||646,713||73,546|
|Current assets||||||||
|Debtors||||200,146||142||
|Cash at bank and|in|hand||114,743||62,370||
|||||314,889||62,512||
|Creditors: amounts||falling due within||||||
|one year||||(303,885)||(276)||
|Net current assets|||||11,004||62,236|
|Total assets less|current liabilities||||657,717||135,782|
|Creditors: amounts||falling due after||||||
|more than one year|||14||(220,812)|||
|Net assets|||||436,905||135,782|
|Income funds||||||||
|Restricted funds|||15||||26,042|
|Unrestricted<br>funds|||||436,905||109,740|
||||||436,905||135,782|





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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|E||F||
|Cash flows from operating|activities|||||||
|Cash generated<br>from operations|||||189,359||15,190|
|Investing<br>activities||||||||
|Purchase oftangible<br>fixed assets||||(568,757)||(42,458)||
|Investment<br>income received||||907||934||
|Net cash used in investing|activities||||(567,850)||(41,524)|
|Financing<br>activities||||||||
|Repayment<br>of bank loans||||430,864||||
|Net cash generated<br>from/(used||in)||||||
|financing<br>activities|||||430,864|||
|Net increase/(decrease)<br>in|cash|and|cash|||||
|equivalents|||||52,373||(26,334)|
|Cash and cash equivalents|at beginning||ofyear||62,370||88,704|
|Cash and cash equivalents|at end of||year||114,743||62,370|





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||||Unrestricted|Total|
|---|---|---|---|---|
||||funds||
||||2021|2020|
|||||F|
|Donations|and|giRs|13||





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|||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||f.||
|Performance<br>related grants||||||||||319,000|20,000|
|Charitable<br>rental|income|||||||||11,542|10,610|
|Other income||||||||||901|150|
|||||||||||331,443|30,760|
|Analysis<br>by fund||||||||||||
|Unrestricted<br>funds||||||||||12,443|10,760|
|Restricted funds||||||||||319,000|20,000|
|||||||||||331,443|30,760|
|Performance<br>related grants||||||||||||
|The Almshouse|Association||-|Almshouse||Refurbishment||project|||20,000|
|HDC - Community||Led Housing|||Fund Grant||- Almshouse|Refurbishment|Project|75,000||
|HDC - Commutted||Sum Grant||- Almshouse|||Refurbishment|Project||44,000||
|Homes England|-|Almshouse||Refurbishment|||Project|||200,000||
|||||||||||319,000|20,000|



|4|Investments||||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2021|2020|
||Income from unlisted|investments|906|895|
||Interest receivable||1|39|
||||907|934|





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|||||2021|2020|
|---|---|---|---|---|---|
|||||F.|F|
|Insurance||||2,499|2,499|
|Subscriptions||||142|140|
|Light and|heat|||802|107|
|Rates||||2,530|8,031|
|Legal and|professional|||7,814|2,400|
|Bank charges||||143||
|Accountancy||||3,169|605|
|Mortgage|interest|||12,894||
|||||29,993|13,782|
|Share of|governance||costs (see note below )|5,657|1,923|
|||||35,650|15,705|
|Analysis|by|fund||||
|Unrestricted||funds||32,710|14,205|
|Restricted|funds|||2,940|1,500|
|||||35,650|15,705|



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||||Unrestricted|Unrestricted|Unrestricted|
|---|---|---|---|---|---|
||||funds||funds|
||||2021||2020|
|||||f|f|
|Revaluation||ofinvestments|4,410||1,869|
|Tangible|fixed assets|||||
||||Freehold|land|and buildingsf|
|Cost||||||
|At 1 January||2021|||42,458|
|Additions|||||568,757|
|At 31 December 2021|||||611,215|
|Carrying|amount|||||
|At 31 December 2021|||||611,215|
|At 31 December 2020|||||42,458|





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## 

|10|Fixed asset investments|Fixed asset investments||||
|---|---|---|---|---|---|
||||||COIF Charities|
||||||Investment|
||||||Fundf|
||Cost or|valuation||||
||At 1 January 2021||||31,088|
||Valuation|changes|||4,410|
||At 31 December 2021||||35,498|
||Carrying|amount||||
||At 31 December 2021||||35,498|
||At 31 December 2020||||31,088|
|11|Debtors|||||
|||||2021|2020|
||Amounts|falling due within one year:||E|f|
||Prepayments<br>and accrued income|||200,146|142|
|12|Loans and overdrafts|||||
|||||2021|2020|
|||||F|E|
||Bank loans|||430,864||
||Payable|within one year||210,052||
||Payable|after one year||220,812||
||Amounts|included<br>above which|fall due after five years:|||
||Payable|by instalments||151,884||





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||||2021|2020|
|---|---|---|---|---|
|||Notes|F|F|
|Bank loans||12|210,052||
|Trade creditors|||75,247||
|Other creditors|||15,645||
|Accruals and deferred|income||2,941|276|
||||303,885|276|



|Credi|tors: amounts<br>falling due after|more than one year|||
|---|---|---|---|---|
||||2021|2020|
|||Notes|f||
|Bank|loans|12|220,812||





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|||||||||Movement<br>in funds|Movement<br>in funds|||Movement<br>in funds|Movement<br>in funds|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Incoming|Resources|Transfers|Balance at|incoming|Resources|Transfers|Balance at|
|||||||||resources|expended||1 January<br>2021|resources|expended||31 December|
||||||||||||||||2021|
|Alms|House|and|The|Old|School|House|Refurbishment|20,000|(1,500)|7,542|26,042|319,000|(2,940)|(342,102)||





## 

## 

|16|Analysis<br>ofnet assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
|||E|E|E|E|F|F|
||Fund balances at 31|||||||
||December 2021 are|||||||
||represented<br>by:|||||||
||Tangible assets|611,215||611,215|42,458||42,458|
||Investments|35,498||35,498|31,088||31,088|
||Current assets/(liabilities)|11,004||11,004|36,194|26,042|62,236|
||Long term liabilities|(220,812)||(220,812)||||
|||436,905||436,905|109,740|26,042|135,782|



## 

|18|Cash generated<br>from|operations|operations||||2021||2020|
|---|---|---|---|---|---|---|---|---|---|
||||||||E||E|
||Surplus for the year||||||301,123||17,858|
||Adjustments<br>for:|||||||||
||Investment<br>income recognised||in statement|offinancial|activities||(907)||(934)|
||Fair value gains and losses on||investments||||(4,410)||(1,869)|
||Movements<br>in working|capital:||||||||
||(Increase)<br>in debtors||||||(200,004)||(141)|
||Increase<br>in creditors||||||93,557||276|
||Cash generated<br>from|operations|||||189,359||15,190|
|19|Analysis ofchanges|in net debt||||||||
|||||||At 1 January|Cash flows|At 31|December|
|||||||2021|||2021|
|||||||E|||E|
||Cash at bank and<br>in hand|||||62,370|52,373||114,743|
||Loans falling due within|one year|||||(210,052)||(210,052)|
||Loans falling due after|more than one year|||||(220,812)||(220,812)|
|||||||62,370|(378,491)||(316,121)|