2020-12-31-accounts - Cottenham Charities

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

				SQRP reference
Summary the charity	of the purposes as set out in its		of	Pars 1.17	Tomanage the Almshouses and Land belonging to the Charities.
governing	document				To support the Almspeople
					Relief in need to individual persons and
					apprentices residing in the Parish of
					CotteA harn
Summary ofthe main actlvltles IA relatfon to those				Psrs 1.17snd 1.19	Maintenance and provision ofthe Almshouses for accommodation.
purposes	for the public				Grants to inhabitants ofthe Parish on low
benefit, in	particular,	the			income by means of Christmas Vouchers.
activities,	projects or				Other grants as needed for Apprentices
services identiffed in		the			and Relief in Need.
accounts.					Benefit from the Charity is avaHable to
					anyone in the Parish, or connected with the
					Parish, who can demonstrate they are
					necessitous according to the Charity
					Scheme approved by the Charity
					Commission
Statement	confirming				The application of income is restricted as
whether the trustees have had regard to the guidance					stated to the Governing Document sealed 11'"February 1970
issued by	the Charity
Commission OA public
benefit

			A total ofF9,107was gifted or loaned
Summary ofthe main achievements ofthe charity,		Para $.20	by the Chartties to those in need who live in the Parish.
identifying the difference the cilaflty s work has made to the circumstances ofits beneficiaries and any wider benefits to society as a			John Moreton Almshouse Charit Small charitable gifts were given to the residents as needed. The YACCwas,ncreased by w5ation
whole.			this year.
			F20,000was added to the emergency
			repair fund invested in a COIF
			accumulation fund
			The Debt to the John Moreton
			Endowment fund was feduced to
			&02,000.
			Cottenham United Charit
			Cash grants were made to 90
			parishioners on tow income at
			Christmas. This was in conjunction with
			the Fitzwilliam Charity who contributed children.
			to the awards and in liaison with other
			charities in the Parish who contributed
			in kind with hampers and presents for
dditional information	(optional)
ou ma choose to Include further statements			where relevant about
Achievements against
objectives set
Performance offundraising			The Charity does not need to raise funds
activities against objectives		Para 3.41	by donation due to endowments and other
set			income
Investment performance
against objectives

Review of the charity's	Review of the charity's		Para 1.21	The financial position of the charity is stable
financial position at the end
ofthe period
Statement explaining	the			The cash reserves will be held at a level
policy for holding reserves stating why they are held				to cover debt repayments and necessary repairs and expenses for
				one year should there be no income
				from weekly maintenance contributions.
				A sum ofmoney is transferred annually
				into an emergency repair fund invested
				vw'th a COlF Charities investment Fund.
Amount ofreserves	held
Reasons for holding	zero		Para 1.22
reserves
Details offund materially		in		The debt in the John Moreton Endowment
deficit				Fund is as agreed with the Charity
				Commission, presently D02,000.
Explanation ofany
uncertainties about the
chanty coAtlAUIAQ as a golAQ

		The Charities income are derived from the
The charity's principal sources offunds (including	Para 1.47	investments in the endowment funds, weekly maintenance contributions from the
any fundraising)		Aimshouses and rentai income from the
		aHotments.
investment policy and		The Charity*s investment funds are placed
objectives including any social investmenli. pQNcj adopted		in a COIF Charity investment and deposit 8CCQUAt
A description ofthe principal risks facing the charity		Severe damage to the Almshouses preventing occupation

Description ofcharity's
trusts:
Type of governing document	Para 1.25
How Is 'the chaflty
constituted'
Trustee selection methods	Para 1.25	Nine Trustees composed ofthe Rector of
including details ofany		Cottenham	All Saints Church, three
constitutional provisions e.g,		AofnIAated	by the PGAsh COUAcll aAd five
election to post or nafne of		co-optative	by resolution ofthe Trustees.
any person or body entitled
to appoint oA8 ol" more
trustees

Policies and	procedures
adopted for the induction and training oftrustees		Para 1.51
The charity's	organisational			The Charity	is a member ofa charity liaison
structure and network with	any wider which the	Para 1.5'I		group chaired by the Cambridge Association who have frequent		Housing meetings.
charity works
Relationship	with any
related parties
Other
R8f81'8AC8	8ACI AdfAIAlStl BtlV8 d8t8llS
Charity name		Cottenham	Charities
		John Moreton		Almshouse	Charity
		Cottenham	United Charity
Registered charity number		200586
Charity's principal address		62 l yles Road
		Cottenham
		Cambridge
		CB248QR

CHARITY III/III IQQog FOR ENGLAND ANQ WALES	CHARITY III/III IQQog FOR ENGLAND ANQ WALES	CHARITY III/III IQQog FOR ENGLAND ANQ WALES	CHARITY III/III IQQog FOR ENGLAND ANQ WALES		CQjtteA	hgTTT	Chgpitjes	Chgpitjes				200588	200588
					RGCeIPtS 8Ad			P8fmeA'tS		8CCOUAfS
					ffOAl		01/03/2020		„31/12/2020
8 +		s	~	s	s ~
					Unrestricted funds		Restricted funds		Endowment funds			Totalfunds		Last year
					to the nearest
A1 Receipts							to the nearest 8		to the nearest		K	to the nearest 8		tothe nearest L
Allotment Rents Weekly Maintenance	Charge					1,211		380
investment Income
Bank Interest													3,114
Donations
Loan repayments													2,500
					.42„757.
A2 Asset and investment			sales,
see table,
A3Pa ments
Expenses and Fees					3,775
Renovations						885
Repair and Maintenance
Bank Charges and Interest														3,327
Charitable Girls
Utilities														8,889
														353
		Sub totai												.11*'t33
A4 Asset and investment
Capital Loan Repayments Investment into ER Fund					8,000 20,000 28,000							8,000 .20,000
														:.30,833
Net ofreceipts'(payments)
A5 Transfers between		funds
A6 Cash funds last	year end
Cash funds this		year	end

			e	i e	e	e	e	e
					Unrestricted	Restricted			Endowment
81Cash funds	John Moreton John Moreton		Current CCLA Deposit		funds to nearest K 22,838 AS,%88	funds to nearest E 2,880 funds to nearest				K
	United	Charity	Current
			Total cash ftinds
	(agree balances		with receipts and payments
				account(s)3
					Unrestricted	Restricted			Endowment
					funds		funds		funds
82Other monetary assets					to nearest F	to	nearest	F	to nearest R
83Investment assets	CCLA COIF Income Fund CC'W CQ)F Ivrcome Fund				Fund to which asset helen s JM Endowment	Cost	(optional)		Current value o tional 57,351
					ER Fund
84Assets retained forthe charity's own use					Fund to which asset belo s John Moreton	Cost	(crpttorrat)		Current value io tionai
					United Charity
	Octa'lis				Fund to which	Amount due			Vi/hen due
85Liabilities	JM Endowment				liabil relates JM Endowment	tional 'I02,000			o tional 01January 2038
igned by one or two trustees on
ehalf of ail the trustees		Signature			Print Name				Date of
									ap royal
					Robert Clarke				26/10/2021
CCXXR2 accounts (SS)									26/10/2021
									26/1 0/202'I