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2020-12-31-accounts

FORTHE YE AR ENDED 31STDECE MBER 2020
31/12/20 31/12/19
Unrestricted Total
funds funds
Notes f f,
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 6,818 6,721
Charitable
activities
Management
ofahnshouses		 2051366 186,860
Investment
income		 134,925 128,825
Total 347&109 322,406
EXPENDITURE ON
Raising funds 8,107
Charitable
activities
Management
ofalmshouses		 116,259 150,071
Provision ofgrants and pensions 103)757 113,316
Total 228,123 263,387
Net gains/(losses)
on investments		 (18,420) 91,777
NET INCOME 100,566 150,796
RECONCILIATION OFFUNDS
Total funds brought fonvard 6,649,277 6,498,481
TOTAL FUNDS CARRIED FORWARD 6,7490843 6,649,277

31/12/20 31/12/19
Unrestricted Total
funds funds
Notes
FIXEDASSETS
Tangible assets 1,496,306 1,495,635
Investments
Investments 597,945 626,239
Investment
properry		 4,290,000 4,290,000
6,384,251 6,411,874
CURRENT ASSETS
Debtors 10 9,236 10,548
Cash at bank and in hand 374,134 240,199
383,370 250,747
CREDITORS
Amounts
falling due within one year		 (17,778) (13,344)
NET CURRENT ASSETS 365,592 237,403
TOTAL ASSETSLESSCURRENT
LIABILITIES 6,749,843 6,649,277
NET ASSETS 6,749,843 6,649,277
FUNDS 12
Unrestricted
funds		 6,749,843 6,649,277
TOTAL FUNDS 6,749,843 6,649,277

31/12/20 31/12/19
Rents received 115,768 105,237
Dividend
income		 19,157 23,588
134,925 128,825
RAISING FUNDS
Investment management costs
31/12/20 31/12/19
f
Support costs 8,107

STAFF COSTS
31/12/20 31/12/19
Wages and salaries 40&816 55,892
Social security costs 655 1,026
Other pension costs 4&019 5,355
45,490 62,273
The average monthly number ofemployees during the year was as follows;
31/12/20 31/12/19
Average number ofemployees 2 3

NOTES TO THE FINANCIAL STATEMENTS -continued
FORTHE YEAR ENDED 31STDECEMBER 2020		 NOTES TO THE FINANCIAL STATEMENTS -continued
FORTHE YEAR ENDED 31STDECEMBER 2020		 NOTES TO THE FINANCIAL STATEMENTS -continued
FORTHE YEAR ENDED 31STDECEMBER 2020
COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
f.
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 6,721
Charitable
activities
Management
ofalmshouses		 186,860
Investment
income		 128,825
Total 322,406
EXPENDITURE ON
Charitable
activities
Management ofalmshouses 150,071
Provision ofgrants and pensions 113,316
Total 263,387
Net gains on invesnnents 91,777
NET INCOME 150,796
RECONCILIATION OFFUNDS
Total funds brought
fomvard		 6,498,481
TOTAL FUNDS CARRIED FORWARD 6,649,277
TANGIBLE FIXEDASSETS
Fixtures
Freehold and
propettY fittings Totals
COST
At 1stJanuary 2020 1,495,635 66,151 1,561,786
Additions 671 671
At 31stDecember 2020 1,495,635 66,822 1&562)457
DEPRECIATION
At 1stJanus)Y 2020 and
31stDecember 2020 66,151 66,151
NET BOOK VALUE
At 31stDecember 2020 1,495,635 671 1,496,306
At 31stDecember 2019 1,495,635 1,495,635

FIXEDASSETINVESTMENTS
Listed
~TVALUE investments
At 1stJanuary 2020 626,239
Dispose la (10,494)
Revaluations (17,800)
At 31stDecember 2020 597,945
NET BOOK VALUE
At 31stDecember 2020 597,945
At 31stDecember 2019 626,239
The market value offixed asset investments in overseas companies is6121,800.
INVESTMENT PROPERTY
FAIR VALUE
At 1stJanuary 2020
and 31stDecember 2020 4,290,000
NET BOOK VALUE
At 31stDecember 2020 4490,000
At 31stDecember 2019 4,290,000
DEBTORS:AMOUNTS FALLING DUE WIT HIN ONE YEAR
31/12/20 31/12/19
g
Other debtors 5)350 2,749
Prepayments 3,886 7,799
9,236 10,548

31/12/20 31/12/19
f,
Trade creditors 9,752
Other creditors 8,026 13,344
17,778 13,344
MOVEMKNT IN FUNDS
Net
movement At
At 1/1/20 in funds 31/12/20
Unrestricted funds
General fund 6,649,277 100,566 6,749,843
TOTALFUNDS 6,649,277 100,566 6,749,843
Net movement in funds, included in the abave are as follows:
Incoming Resources Gains and Movement
resources expended
f		 losses
f		 in funds
f.
Unrestricted funds
General fund 347,109 (228,123) (18,420) 100,566
TOTAL FUNDS 347,109 (228,123) (18,420) 100,566
Comparatives for movement in funds
Net
movement At
At 1/1/19 in funds 31/12/19
f f,
Unrestricted funds
General fund 6,498,481 150,796 6,649,277
TOTAL FUNDS 6,498,481 150,796 6,649,277

Incoming Resources Gains and Movement
resources expended
f,		 losses in funds
f
Unrestricted funds
General fund 322,406 (263,387) 91,777 150,796
TOTAL FUNDS 322,406 (263,387) 91,777 150,796
Net
movement At
At 1/1/19 in funds 31/12/20
f,
Unrestricted funds
General fund 6,498,481 251,362 6,749,843
TOTAL FUNDS 6,498,481 251,362 6,749,843
Incoming Resources Gains and Movement
resources expended losses in funds
I f
Unrestricted funds
General fund 669,515 (491,510) 73,357 251,362
TOTAL FUNDS 669,515 (491,510) 73,357 251,362