| Repair | General | Almshouse | ||||
|---|---|---|---|---|---|---|
| Funds | Fund | Branch | Total | 2019 | ||
| Notes | ||||||
| Incoming Resources | ||||||
| Property Income |
2a | 12375 | 12375 | 18594 | ||
| Investment Income |
2b | 40 | 90019 | 47 | 90106 | 94107 |
| Almshouse Contributions |
29040 | 29040 | 32770 | |||
| Total Incoming Resources | 40 | 102394 | 29087 | 131521 | 145471 | |
| Resources Expended | ||||||
| Expenditure:- | ||||||
| Overhead Expenses |
3a | 19135 | 22559 | 41694 | 52017 | |
| Church Share | 54387 | 54387 | 61069 | |||
| Total Resources Expended | 73522 | 22559 | 96081 | 113086 | ||
| Net Income (Expenditure) | ||||||
| For The Year | 40 | 28872 | 6528 | 35440 | 32385 | |
| Transfers Between Funds | 9800 | (28872) | 19072 | |||
| Net Incoming Resources before | ||||||
| Recognised Gains and (Losses) |
9840 | 25600 | 35440 | 32385 | ||
| Other Recognised Gains | ||||||
| and (Losses) | (32416) | (1109) | (33525) | 291036 | ||
| Net Movement ofFunds | 9840 | (32416) | 24491 | 1915 | 323421 | |
| Total Funds Brought Forward | 96169 | 3005798 | 193346 | 3295313 | 2971892 | |
| Total Funds Carried Forward | 106009 | 2973382 | 217837 | 3297228 | 3295313 |
| As at31Dece | mber 2020 | |||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Notes | ||||||
| Fixed Assets | ||||||
| Tangible Assets | 478023 | 478023 | ||||
| Investments | 2544809 | 2574734 | ||||
| 3022832 | 3052757 | |||||
| Current Assets |
||||||
| Debtors and | Prepayments | 2529 | 2618 | |||
| Balances at | Building | Society | ||||
| &COIF Deposit | 261457 | 225021 | ||||
| Balances at | Bank and | Cash in Hand | 25370 | 25738 | ||
| 289356 | 253377 | |||||
| Creditors:- | Amounts | falling due | ||||
| within one year | 14960 | (10821) | ||||
| 274396 | 242556 | |||||
| Net Assets | 3297228 | 3295313 | ||||
| Fund Balances | ||||||
| General Fund | 2973382 | 3005798 | ||||
| Almshouse | Branch Fund | 217837 | 193346 | |||
| 3191219 | 3199144 | |||||
| Designated | Funds | |||||
| General Repairs Fund | 3493 | 3288 | ||||
| Almshouse | Repairs Fund | 59292 | 55692 | |||
| Almshouse | Cyclical Maintenance | 43224 | 37189 | |||
| 106009 | 96169 | |||||
| 3297228 | 3295313 |
| 2. | Incoming Resources | |||||
| 2a. | Property Income | Rent | Outgoings | Net | 2019 | |
| (Net) | ||||||
| Oxhouse Field | 427 | 427 | 427 | |||
| Wayleave | 39 | |||||
| 81 Victoria Road | 8160 | (80) | 8080 | 8088 | ||
| 83Victoria Road | 9350 | (5482) | 3868 | 10040 | ||
| 17937 | 5562 | 12375 | 18594 | |||
| 2b, | Investment Income |
Repair | General | Almshouse | ||
| Funds | Fund | Fund | Total | 2019 | ||
| Nationwide Interest |
40 | 47 | 87 | 67 | ||
| NAACIF Income Shares | 40540 | 40540 | 40540 | |||
| Brewin Dolphin Portfolio | 18057 | 18057 | 20930 | |||
| COIF - Deposit Interest | 392 | 392 | 954 | |||
| Fixed Interest Fund | 6723 | 6723 | 6723 | |||
| Property Fund | 6061 | 6061 | 6915 | |||
| Global Equity | 10282 | 10282 | 10189 | |||
| Ethical Investments | 7964 | 7964 | 7789 | |||
| 40 | 90019 | 47 | 90106 | 94107 |
| 3. | Resources Expended | |||||
|---|---|---|---|---|---|---|
| 3a. | Overhead Expenditure |
Repair | General | Almshouse | ||
| Fund | Fund | Branch | Total | 2019 | ||
| f. | f. | |||||
| Secretarial Fees | 8343 | 8343 | 7375 | |||
| Gardener - Wages and Expenses | 4424 | 4424 | 4566 | |||
| Insurance | 2108 | 2108 | 1941 | |||
| Water and Sewerage | 1264 | 1264 | 1319 | |||
| Central Heating and Gas | 8079 | 8079 | 5620 | |||
| Central Heating Maintenance | 5775 | 5775 | 5632 | |||
| General Expenses | 1496 | 1108 | 2604 | 4215 | ||
| Audit Fees | 1500 | 1500 | 1440 | |||
| Lifeline Expenses | 2911 | 2911 | 2911 | |||
| Repairs and Maintenance | 4686 | 4686 | 16998 | |||
| 19135 | 22559 | 41694 | 52017 | |||
| Other Recognised Gains &(Losses) | ||||||
| Repair | General | Almshouse | ||||
| Fund | Fund | Fund | Total | 2019 | ||
| Profit/(Loss) on Sale ofShares |
1468 | 1468 | (18123) | |||
| Revaluation ofInvestments | ||||||
| (see Note 6) | (33884) | (1109) | (34993) | 309159 | ||
| (32416) | (1109) | (33525) | 291036 | |||
| 5. | Tangible Fixed Assets | Freehold | Property | |||
| 2020 | 2019 | |||||
| Freehold Properties:- | ||||||
| 81 Victoria Road, Devizes | 251161 | 251161 | ||||
| 83 Victoria Road, Devizes | 226862 | 226862 | ||||
| Cost as at 31December 2020 | 478023 | 478023 |
| Notes ToThe Accoun Year Ended 31December |
ts 2020 |
||
|---|---|---|---|
| Investments | |||
| Market Value ofInvestments as at31December |
2020 | 2019 | |
| M&G Charity Fund Income Shares (1158278) M&G Chatdty Fund Accumulation Shares (581/537) Brewin Dolphin Portfolio COIF Fixed Interest Units (151428) COIF Property Income Units (108045) COIF Global Equity Income Units (155313/86693) COIF Ethical Investment Fund Units (97005) |
968552 53769 536759 215300 119541 383328 267560 |
1046736 51278 568970 208289 125894 321839 251728 |
|
| 2544809 | 2574734 | ||
| General | Almshouse | Total | |
| Fund | Fund | 2020 | |
| Market Value of Investments as at 31 December 2019 |
2523456 | 51278 | 2574734 |
| Add:- Investments Purchased |
3600 | 3600 | |
| Net Profit/(Loss) ofDisposal ofShares Unrealised Profit(Loss) on Investments |
1468 (33884) |
(1109) | 1468 (34993) |
| Market Value of Investments at 31December 2020 |
2491040 | 53769 | 2544809 |
| General | Almshouse | ||
| Fund | Fund | Total | 2019 |
| At Cost f. |
|||
| M&G Charity Fund Income Shares (1158278) 730023 |
730023 | 730023 | |
| M&G Charity Fund Accumulation Shares (581/537) Brewin Dolphin Portfolio 460465 |
37285 | 37285 460465 |
33685 458977 |
| COIF:— | |||
| Fixed Interest Fund (151428) Property Fund Units (108045) Global Equity Fund (155313) Ethical Investment Fund (97005) 200000 121000 200000 175133 |
200000 121000 200000 175133 |
200000 121000 200000 175133 |
|
| 1886621 | 37285 | 1923906 | 1918818 |
| 7. | Debtors and Prepayments | Almshouse | |||
|---|---|---|---|---|---|
| Fund | Total | 2019 | |||
| Rent Arrears | 1505 | 1505 | 1890 | ||
| Prepayment | 1024 | 1024 | 728 | ||
| 2529 | 2529 | 2618 | |||
| 8. | Creditors | General | Almshouse | ||
| Fund | Fund | Total | 2019 | ||
| Church Branch | 14960 | 14960 | 10821 | ||
| 14960 | 14960 | 10821 |