##
##
##
|Corporate Trustee|Corporate Trustee|||Abbot's Hospital Trustee Company
Ltd|Abbot's Hospital Trustee Company
Ltd|Abbot's Hospital Trustee Company
Ltd|Abbot's Hospital Trustee Company
Ltd||
|---|---|---|---|---|---|---|---|---|
|The following were||Governors||during the year to 31 December 2020:|||||
|Governors||||||Rev R Cotton|||
|||||||J Cox|||
|||||||A Gunning|||
|||||||D McCann|||
|||||||C Mullis|||
|||||||S Mundy|||
|||||||LSpencer|||
|||||||Rev M Woodward|||
|||||||The Mayor of Guildford|||
|||||||R Bruce|||
|||||||SShaw|||
|||||||P O' Dwyer|(Appointed|5 February 2020)|
|||||||M Peters|(Appointed|5 November 2020)|
|||||||P Smith|(Resigned|10January 2020)|
|||||||P Souster|(Resigned|5 November 2020)|
|||||||V Payne|(Resigned|17September 2020)|
|The Governors sre all members|||||and|Directors of Abbot's Hospital Trustee Company||Ltd (Limited by|
|guarantee|and registered||In|England||No 05814888)|||
|Master||||||i Bowler|||
|Charity number||||||201631|||
|Registered|of5ce|||||High Street|||
|||||||Guildford|||
|||||||GU1 3AJ|||
|Auditor||||||Alllotts LLP|||
|||||||13-21 High|Street||
|||||||Gulldford|||
|||||||Surrey|||
|||||||GU1 3DL|||
|Bankers||||||Lloyds Bank pic|||
|||||||PO Box3,|147 High Street||
|||||||Guildford|||
|Solicitors||||||Moors Barlow LLP|||
|||||||The Oriel|||
|||||||Sydenham|Road||
|||||||Guildford|||
##
##
|||Page|
|---|---|---|
|Governors'
report||1-3|
|Statement of Governors'
responslbfiities|||
|Independent
auditor's|report|5-8|
|Statement
offinancial|activities||
|Balance sheet||10|
|Notes to the financial|statements|11-23|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|
||||funds|funds|funds|||
||||2020|2020|2020|2020|2019|
|||Notes|6|6||E|6|
|IttggmtLIfgm;
Donations
and legacies||3|2,489|10,619||13,108|39,052|
|Chsritable
activities||4|262,857|||262,857|242,917|
|income from Investments||5|47,402|||47,402|140,654|
|Total Income|||312,748|10,619||323,367|422,623|
|Charitable
activities||6|325,727||61,000|386,727|504,340|
|Other expenditure|||5,366|||5,366|5,484|
|Totalresources
expended|||331,093||61,000|392,093|509,824|
|Net expenditure
forthe year|||(18,345)|10,619|(61,000)|(68,726)|(87,201)|
|Net gains/(losses)
on investments||10|(72,304)||(400,000)|(472,304)|(165,198)|
|Net (outgoing)/incoming
before transfers|resources||(90,649)|10,619|(461,000)|(541,030)|(252,399)|
|Gross transfers
between funds|||10,619|(10,619)||||
|Net movement
in funds|||(80,030)||(461,000)|(541,030)|(252,399)|
|Fund balances at 1 January 2020|||1,201,241||8,250,426|9,451,667|9,704,066|
|Fund balances at 31December||||||||
|2020|||1,121,211||7,789,426|8,910,637|9,451,667|
##
##
##
||||2020||2019|
|---|---|---|---|---|---|
|||Notes|6||6|
|Fixed assets||||||
|Tangible assets||12||6,341,665|6,403,226|
|Investment
properties||13||1,450,000|1,850,000|
|Investments||14||937,578|1,004,832|
|||||8,729,243|9,258,058|
|Current assets||||||
|Debtors||16|10,123||60,905|
|Cash at bank snd in|hand||334,443||298,356|
||||344,566||359,261|
|Creditors: amounts|falling due within|||||
|one year||17|(26,820)||(26,211)|
|Net current assets||||317,746|333,050|
|Total assets less current liablltges||||9,046,989|9,591,108|
|Creditors: amounts|falling due after|||||
|more than one year||||(136,352)|(139,441)|
|Net assets||||8,910,637|9,451,667|
|Capital funds||||||
|Endo||||||
|General endowment|funds|19||7,789,426|8,250,426|
|Income funds||||||
|IJnares
'g(9SL(ggt(9||||||
|Designated
funds||21|214,455||218,048|
|General unrestricted|funds||906,756||983,193|
|||||1,121,211|1,201,241|
|||||8,910,637|9,451,667|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2020|2019|
|---|---|
|8|8|
|262,857|242,917|
##
||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds||
||||||2020|2019|
||||||8||
|Rental income|||||30,608|126,250|
|Interest receivable|||and dividends||16,794|14,404|
||||||47,402|140,654|
|Charitable||activities|||||
||||||2020|2019|
||||||8||
|Staffcosts|||||115,090|86,799|
|Depreciation||and|impairment||61,561|61,561|
|Charitable|expenditure||||133,958|298,897|
||||||310,609|447,257|
|Share ofsupport|||costs (see note 7)||40,851|45,681|
|Share ofgovernance||||costs (see note 7)|35,267|11,402|
||||||386,727|504,340|
##
##
##
##
|7|Support costs|Support costs|Support|Governance|2020|Support|Governance|2019|
|---|---|---|---|---|---|---|---|---|
||||costs|costs||costs|costs||
||||6|8|8|f||8|
||Professional fess||4,297||4,297|13,666||13,666|
||Printing
and stationery||346||346|398||398|
||Insurance||23,398||23,398|20,258||20,258|
||Sundry||730||730|488||488|
||Travelling
Telephone|and ITcosts|12,080||12,080|72
10,799||72
10,799|
||Audit and|accountancy||10,925|10,925||10,895|10,895|
||Governors'|expenses||580|580||507|507|
||Legal and|professional|||||||
||fees|||23,762|23,762||||
||||40,851|35,267|76,118|45,681|11,402|57,083|
||Analysed
Charitable|between
activities|40,851|35,267|76,118|45,681|11,402|57,083|
##
##
##
##
##
|
The average
monthly|
number ofemployees
during the yea|r was:||
|---|---|---|---|
|||2020|2019|
|||Number|Number|
|Of8ce Staff||||
|Wardens,
caretakers|and cleaners|||
|Employment
costs||2020
6|2019
E|
|Wages snd salaries
Social security costs||106,438
7,253|80,506
5,044|
|Other pension costs||1,399|1,249|
|||115,090|86,799|
##
##
|Net gsinsl(|losses)
on|investments|||||||
|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Endowment||Total|Unrestdcted|Endowment|Total|
|||funds||funds||funds|funds||
|||||general|||general||
|||||2020|2020|2019|2019|2019|
|||||E|6|6||6|
|Revaluation|of||||||||
|investments||(72,304)|||(72,304)|144,802||144,802|
|Revaluation|of||||||||
|investmsnt|propentes|||(400,000)|(400,000)||(310,000)|(310,000)|
|||(72,304)||(400,000)|(472,304)|144,802|(310,000)|(165,198)|
##
##
##
|Tangible fixed assets||||||
|---|---|---|---|---|---|
|||Freehold
tend|Fixtures and|Hlstodo|Total|
|||and huttdtnes
f|ratings
f|ohattete
f||
|Cost||||||
|At 1 January 2020||6,100,000|5,605|666,426|6,772,031|
|At 31 December 2020||6,100,000|5,605|666,426|6,772,031|
|Depreciation
and impairment||||||
|At 1 January 2020||366,000|2,805||368,805|
|Depreciation
charged|in the year|61,000|561||61,561|
|At 31 December 2020||427,000|3,366||430,366|
|Carrying
amount||||||
|At 31 December 2020||5,673,000|2,239|666,426|6,341,665|
|At 31 December 2019||5,734,000|2,800|666,426|6,403,226|
##
|Investment
property||2020f|
|---|---|---|
|Fair value|||
|At 1 January 2020||1,850,000|
|Net gains or losses through|fair value adjustments|(400,000)|
|At 31 December 2020||1,450,000|
##
##
##
##
|||||2020|2019|
|---|---|---|---|---|---|
|||||8|8|
||Freehold|||1,450,000|1,850,000|
|14|Fixed asset Investments|||||
||||||Listed|
||||||Investments|
||||||8|
||Cost or valuation|||||
||At 1 January 2020||||1,004,832|
||Valuation
changes||||(87,254)|
||At 31 December 2020||||937,578|
||Carrying
amount
At 31 December 2020||||937,578|
||At 31 December 2019||||1,004,832|
|15|Financial
Instruments|||2020|2019|
|||||8|8|
||Canylng
amount offinancial assets
Instruments
measured
at fair value through||profit or loss|937,578|1,004,832|
##
##
##
|16|Debtors|||||
|---|---|---|---|---|---|
|||||2020|2019|
||Amounts
faglng due||within one year:|6|8|
||Trade debtors|||5,132|20,202|
||Prepayments|and accrued income||4,991|40,703|
|||||10,123|60,905|
|17|Creditors: amounts||falling due within one year|||
|||||2020|2019f|
||Other taxation|and social security||1.333|790|
||Other creditors|||748|682|
||Accruals and|deferred|income|24,739|24,739|
|||||26,820|26,211|
|18|Loans and overdralts|||||
|||||2020|2019|
|||||6||
||Other loans|||136,352|139,441|
||Payable aRer|one year||136352|139441|
||||||ajjR|ajjR|W||ID
Pl|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Dl|||||||
||||||||||I|||||||
||||8
'P||Ij"
a|||CI8
CI|CI
CI
CI
CI
CI|||a)||||
|||||||||||||C||||
||||C|||||||||||||
||||13|||||||||||Dl||
|||||||||||||||CD||
|||||4||||||||||CI||
||||Sji
0)
50
M g
C 0|C
C||||CI
CI
IO|CI
CI
CI||8|||||
|||||0E|||||ID||||Sl(|||
||||1D
III
Sa||DI)||W||||4
0||I-||6
C|
||||cg|||||||||4|||'8|
||||'C F
0||Q|O||CI
N|CI
CI|||a Ljj:j!i||||
||||f|||Ti)|W||CI8
CD||c
F|x|-. tj
-' e|Dl
Dl
CI|0)|
|Ci
0
CI
DU|Ci
IUDZI-Z0V||g
OI
gC Q
g
ai
g E
di—|C|I-||||||0
0
OI
C
'ITI
'C
E||||CI
Dl
C
aC0
CI
Xl
III
8
E|
|X
LLI-|LOI-Z
IU|OL
Le:|||||||||'55||||CC
5|
|O
LLJ
LAN
LLL|IUI-
I-
tO|LU
Ci|f
1D||ga||||||'8
C||||6
8
CL|
|Ql
LLLz
L-
IL
N0x|OZ
~CZ
ZI-0I-
LO
LUI-0Z|CI
Ci
UI
ILI
Il0|C
O&
jO
k4'
8 'E
LU O||p
I|||0'0
C0
O.e0.|Dl
ID
IO|allC
CI
CV|0
1DC
E|||ID
Ol9
z
GlC00Z||
##
##
##
|||||Balance st|Resources|Balance at|Resources|Balance at|
|---|---|---|---|---|---|---|---|---|
|||||1January 2010|expended1|January 2020|expended|31December
2020|
||||||||8|8|
|Extraordinary
property
repairs resenre|||and maintenance|194,535|(18,487)|178,048|(3,593)|174,455|
|Day to day property
reserve||and maintenance||40,000||40,000||40,000|
|||||234,535|(16,487)|218,048|(3,593)|214,455|
||||90|0l
O|4l|CD|8
O|8
O|N
III|ID|||I
CD
Cl|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||gR)||||Dl
CI
CQ|||ID|
||||N
C~|Dl|4I|||||||||
||||0|||||||||||
||||0|||||||||||
||||Cll|||||||||||
||||N DI
gRoN||4l|||||||||
||||N
'0
C|Dl
ON|4l|g
ID||'|N
Q||||t|
||||||||||||||CI|
||||||||||||||N|
||||0|O
N|4C|SS~
CD O
ID||||||||
||||N|O|4l|ID||3
O|||||N|
|||||||CD||O||||||
||||||||||||||I|
||||||||||||||I|
||||)4m|||||||||||
|CI||||||||||||||
|0|Ci
IU||4R
C ON|||Dl
N
N||'|Cl
ID
I|||||
|DQ|XI-X0||||||||Dl|||||
||O|O||||||||||||
|C|IoI-X
IU|O
Cll
IL:||||||||||||
|Ci
LU
N
LII|LUI-
EO|8
LuO||||ClN||||||||
|LLI||||||||||||||
|LLL|O|0||||E||||||||
|LLIZI-|||||||||||'4S
2i|Cm||
|L.0
c~(|IUZ
0I-|||||m
8
m
NCNm
I||I||5m/||||
|IL
V)0X|CO
IUI-0Z|IL:0||||||||0|0|0
a||
##
##
##
##