| PAGE | |||
|---|---|---|---|
| Governors' Report |
1-6 | ||
| Independent Examiner's |
Report | ||
| Statement of Financial | Activities | ||
| 8alance Sheet | |||
| Notes to the Accounts | 10-15 | ||
| The following page does | not form part ofthe statutory accounts | ||
| Detailed Statement of | Financial Activities | 16 |
| ~202 | gD21 | |||
|---|---|---|---|---|
| Totalf | ||||
| INCOME FROM: | ||||
| Charitable activities |
||||
| Maintenance contributions |
from residents | 171,685 | 16'1,880 | |
| Investments | 22,682 | 17,100 | ||
| Other | 1 136 | 245 | ||
| Total income | 195503 | 179225 | ||
| EXPENDITURE ON: | ||||
| Charitable activities |
||||
| Day-to-day maintenance |
99,415 | 84,501 | ||
| Services | 93013 | 99BBB | ||
| Total expenditure | 192428 | 183381 | ||
| Total income less total expenditure | 3,075 | (4,156) | ||
| Net (losses)/gains on investments |
(17,196) | 51,280 | ||
| Net (expenditure)/income | (14,121) | 47,124 | ||
| Net movement in funds |
(14,121) | 479124 | ||
| Reconciliation offunds: | ||||
| Total funds brought forward | (unrestricted | funds) | 881,024 | 833900 |
| Total funds carried forward | (unrestricted | funds) | 866903 | 881,D24 |
| 2D21 | ||||||
|---|---|---|---|---|---|---|
| fifo. | ||||||
| The number | ofGovernors at the year end was:- |
10 | 13 | |||
| Employee information | ||||||
| The average | weekly number of persons | |||||
| employed during the year was:- |
||||||
| Manager and |
Qeaner | |||||
| Staff costs | ||||||
| Wages and salaries | 25,925 | 20624 | ||||
| Pension contributions | 670 | 550 | ||||
| 26,595 | 21,174 | |||||
| No employees | were paid in excess off60,000 per | annum. | ||||
| Investment | income receivable | gg22f | ~D2 | |||
| Bank deposit | interest | 845 | 13 | |||
| Listed investments | 21,837 | 17,087 | ||||
| 22,682 | 17,100 | |||||
| Charitable activities |
gg22 | |||||
| g~v ~und ~ken ~dl |
f022 Governance |
~2 ~l |
~221 I |
|||
| Day-to-day maintenance |
99,415 | 99,415 | 84,501 | |||
| Services | 89,492 | 3,521 | 93,013 | 98880 | ||
| 188,907 | 3,521 | 192,428 | 183381 |
| Governance | costs | XQZR | |
|---|---|---|---|
| Independent | examiner's fee | 2,520 | 2536 |
| Trustees' expenses and insurance | 1,001 | 3,194 | |
| 3,521 | 5730 |
| Independent | exaininer's fees (induding | VAT) | ||
|---|---|---|---|---|
| Independent examination Payroll services |
2,520 114 |
2,536 456 |
||
| 2 634 | 2992 |
| At beginning ofyear |
473 784 |
|---|---|
| At end ofyear | 473784 |
| Depreciation: At beginning ofyear |
305,326 |
| Charge for the year | 9,873 |
| At end ofyear | 315,199 |
| At | beginning ofyear |
168458 |
|---|---|---|
| At | end ofyear | 158585 |
| 2II22f | +021 E |
|||||
|---|---|---|---|---|---|---|
| Investments at fair value |
||||||
| At beginning ofyear |
587,329 | 518962 | ||||
| Additions - investment income |
21,837 | 17,087 | ||||
| Net investment (loss)/gain |
(17,196) | 51,280 | ||||
| At end ofyear | 591,970 | 587,329 | ||||
| Extraordinary repair fund: investments |
at fair value | |||||
| MRG Charity Multi Asset |
Fund | |||||
| 5,609453 Accumulation | Units | |||||
| Formerly: The National Association ofAlmshouses |
Common Investment | Fund | ||||
| 5,609.453 Accumulation | Shares | 591,970 | 587,329 | |||
| Investments atcost |
||||||
| At beginning ofyear |
413,554 | 396467 | ||||
| Additions during the year |
21,837 | 17,087 | ||||
| At end ofyear | 435,391 | 413554 | ||||
| Cost at end ofyear | ||||||
| Extraordinary repair fund |
435,391 | 413554 | ||||
| (Loss)/Gain on investment Net investment (loss)/gain |
~17196 | 51280 | ||||
| Debtors: amounts falling due within one |
year | |||||
| ~22 | ~221 | |||||
| Prepayments and accrued |
income | 7,672 | 6,'098 | |||
| 7,672 | 6,098 | |||||
| Creditors: amounts falling due within one year |
||||||
| 2022 | ||||||
| Other creditors and accruals | 6,054 | 9715 | ||||
| 6,054 | 9715 |
| ET |
EDS | T | TE | MEN 0 N N ES |
FOR EY R NDED31 E E BE |
022 |
|---|---|---|---|---|---|---|
| ~02 | ||||||
| INCOME FROM: | ||||||
| Maintenance contributions |
from residents | 171,685 | 161,880 | |||
| Investments | 22,682 | 17,100 | ||||
| Sundry items | 1,136 | 245 | ||||
| Total income | 196603 | 129225 | ||||
| EXPENDITURE ON: | ||||||
| Charitable activities: | costs | ofactivities | ||||
| in furtherance ofthe |
charity's objects: | |||||
| Day-to-day maintenance |
99,415 | 84,501 | ||||
| Services | ||||||
| Wages and honorarium | 26,595 | 23044 | ||||
| Void expenses | 149 | |||||
| 3ubilee Room | 383 | 928 | ||||
| Insurance | 4,613 | 4231 | ||||
| Central heating and |
water services | 28,647 | 37,648 | |||
| Garden maintenance | 4,903 | 4,295 | ||||
| Access lighting | 6,216 | 4,674 | ||||
| Warden/Manager call services |
4,693 | 5549 | ||||
| Miscellaneous costs |
1,780 | 1,710 | ||||
| Welfare | 1,296 | 2124 | ||||
| Printing, stationery, |
postage and advertising | 920 | 298 | |||
| Telephone | (58) | 1,043 | ||||
| Depreciation | 9,873 | 9,411 | ||||
| Payroll services | 114 | 456 | ||||
| Independent examiner's |
fee | 2,520 | 2,536' | |||
| Professional Fees |
35 | |||||
| Trustees' expenses | and | insurance | 518 | 750 | ||
| 93,013 | 98880 | |||||
| Total expenditure | 192428 | 183381 | ||||
| Net (losses)Igains on investments Unrealised |
~17196 | 512BB | ||||
| (17,196) | 51,280 | |||||
| Net (expenditure)/income | forthe year | (14,121) | 47,124 | |||
| Net movement in |
funds | (14,121) | 47,124 | |||
| Fund balances at | beginning | ofyear | 881024 | B33900 | ||
| Fund balances at | end | of | year | 866,903 | 881,024 |