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|Corporate Trustee|Abbot's Hospital Trustee Compan|Abbot's Hospital Trustee Compan|y
Ltd||
|---|---|---|---|---|
|The following were Governors|during the year to 31 December 2021:||||
|Governors|Rev R Cotton||||
||JCox||||
||A Gunning||||
||D McCann||||
||C Mullis||||
||LSpencer||||
||Rev M Woodward||||
||The Mayor of Guildford||||
||R Bruce||||
||SShaw||||
||P O' Dwyer||||
||Rev Father|N Roberts|(Appointed|7 September 2021)|
||W PSavage||(Appointed|24 June 2021)|
||S Mundy||(Resigned|25August 2021)|
||M Peters||(Resigned|5 January 2022)|
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|Master||I Bowler||
|---|---|---|---|
|Charity number||201631||
|Registered|office|High Street||
|||Guildford||
|||GU1 3AJ||
|Auditor||Alliotts LLP||
|||13-21 High|Street|
|||Guildford||
|||Surrey||
|||GU1 3DL||
|Bankers||Lloyds Bank pic||
|||PO Box3,|147 High Street|
|||Guildford||
|Solicitors||Moore Barlow LLP||
|||The Oriel||
|||Sydenham|Road|
|||Guildford||
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||||Page|
|---|---|---|---|
|Governors'|report||1-3|
|Statement|of Governors'
responsibilities|||
|Independent|auditor's|report|5-8|
|Statement|offinancial|activities|9-10|
|Balance sheet||||
|Notes to the financial||statements|12-24|
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|Current financial year|Current financial year||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|Total|
||||funds|funds|||
||||2021|2021|2021|2020|
|||Notes|f.|R|||
|hmmafrm;
Donations
and legacies|||876||876|13,108|
|Charitable
activities|||260,022||260,022|262,857|
|Income from Investments|||27,801||27,801|47,402|
|Total income|||288,699||288,699|323,367|
|Raising funds||||61,000|61,000|61,000|
|Charitable
activities|||368,725||368,725|325,727|
|Material other expenditure|||5,247||5,247|5,366|
|Total resources expended|||373,972|61,000|434,972|392,093|
|Net gains/(losses)|on investments|10|116,685|(50,000)|66,685|(472,304)|
|Net movement
In|funds||31,412|(111,000)|(79,588)|(541,030)|
|Fund balances at 1 January 2021|||1,121,211|7,789,426|8,910,637|9,451,667|
|Fund balances at|31 December 2021||1,152,623|7,678,426|8,831,049|8,910,637|
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|Prior financial year|||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|
||||funds|funds|funds||
||||2020|2020|2020|2020|
|||Notes|||||
|InuumdmiL.|||||||
|Donations
and legacies|||2,489|10,619||13,108|
|Charitable
activities|||262,857|||262,857|
|Income from Investments|||47,402|||47,402|
|Total income|||312,748|10,619||323,367|
|Raising funds|||||61,000|61,000|
|Charitable
activities|||325,727|||325,727|
|Material other expenditure|||5,366|||5,366|
|Total resources expended|||331,093||61,000|392,093|
|Net gains/(losses)
on investments||10|(72,304)||(400,000)|(472,304)|
|Net Incoming/(outgoing)|resources before|transfers|(90,649)|10,619|(461,000)|(541,030)|
|Gross transfers
between|funds||10,619|(10,619)|||
|Net movement
In funds|||(80,030)||(461,000)|(541,030)|
|Fund balances at 1 January 2020|||1,201,241||8,250,426|9,451,667|
|Fund balances at 31 December 2020|||1,121,211||7,789,426|8,910,637|
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||||||2021|2020||
|---|---|---|---|---|---|---|---|
|||||Notes||||
|Fixed assets||||||||
|Tangible assets||||12|6,280,104||6,341,665|
|Investment
properties
Investments||||13
14|1,400,000
1,054,263||1,450,000
937,578|
||||||8,734,367||8,729,243|
|Current assets||||||||
|Debtors||||16|7,751|10,123||
|Cash at bank and|in|hand|||287,659|334,443||
||||||295,410|344,566||
|Creditors: amounts
one year||falling due within||18|(65,592)|(26,820)||
|Net current assets|||||229,818||317,746|
|Total assets less|current||liabilities||8,964,185||9,046,989|
|Creditors: amounts
more than one year||falling due after|||(133,136)||(136,352)|
|Net assets|||||8,831,049||8,910,637|
|Capital funds||||||||
|General endowment||funds|||7,678,426||7,789,426|
|Income funds||||||||
|Designated
funds||||21|176,853|214,455||
|General
unrestricted||funds|||975,770|906,756||
||||||1,152,623||1,121,211|
||||||8,831,049||8,910,637|
|The financial statements|||were approved|by the Governors|on ..!!.
'..7.'......g...|||
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|3|Donations|arid legac|ies|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Restricted|Total|
|||||funds|funds|funds||
|||||2021|2020|2020|2020|
||||||||F|
||Donations|and gifts||876|2,489|10,619|13,108|
|4|Charitable|activities||||||
||||||2021||2020|
||||||||F|
||Charitable|residential|income from residents||260,022||262,857|
|Income fro||m Inv|estm|ents|||
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||funds||
||||||2021|2020|
||||||R||
|Rental income|||||15,743|30,608|
|Interest receivable|||and dividends||12,058|16,794|
||||||27,801|47,402|
|Charitable||activities|||||
||||||2021|2020|
|||||||R|
|Staff costs|||||92,516|115,090|
|Depreciation||and|impairment||561|561|
|Charitable|expenditure||||210,605|133,958|
||||||303,682|249,609|
|Share of support|||costs (see note 7)||42,877|40,851|
|Share ofgovernance||||costs (see note 7)|22,166|35,267|
||||||368,725|325,727|
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|7|Support costs|Support costs|||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2021Support|costs|Governance|2020|
||||costs|costs|||costs||
|||||K||E|||
||Professional fees||5,235||5,235|4,297||4,297|
||Printing
and stationery||97||97|346||346|
||Insurance||28,315||28,315|23,398||23,398|
||Sundry||303||303|730||730|
||Telephone|and ITcosts|8,927||8,927|12,080||12,080|
||Audit and|accountancy||13,375|13,375||10,925|10,925|
||Governors'|expenses||193|193||580|580|
||Legal and
fees|professional||8,598|8,598||23,762|23,762|
||||42,877|22,166|65,043|40,851|35,267|76,118|
||Analysed|between|||||||
||Charitable|activities|42,877|22,166|65,043|40,851|35,267|76,118|
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|Number ofemployee
The average
monthly|s
number ofemployees
during the year|was:||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|Office Staff||||
|Wardens,
caretakers|and cleaners|||
|Employment
costs||2021|2020|
|Wages and salaries||87,866|106,438|
|Social security costs||2,447|7,253|
|Other pension costs||2,203|1,399|
|||92,516|115,090|
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|Net gains/(l|osses)
on|Investments||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|||funds|funds||funds|funds||
||||general|||general||
|||2021|2021|2021||2020|2020|
|Revaluation|of|||||||
|investments||116,685||116,685|(72,304)||(72,304)|
|Revaluation|of|||||||
|investment|properties||(50,000)|(50,000)||(400,000)|(400,000)|
|||116,685|(50,000)|66,685|(72,304)|(400,000)|(472,304)|
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|Tangible fixed assets||||||
|---|---|---|---|---|---|
|||Freehold land|Fixtures and|Historic|Total|
|||and buildings|fittings|chattels||
|Cost||||||
|At 1 January 2021||6,100,000|5,605|666,426|6,772,031|
|At 31 December 2021||6,100,000|5,605|666,426|6,772,031|
|Depreciation
and Impairment||||||
|At 1 January 2021||427,000|3,366||430,366|
|Depreciation
charged|in the year|61,000|561||61,561|
|At 31 December 2021||488,000|3,927||491,927|
|Carrying
amount||||||
|At 31 December 2021||5,612,000|1,678|666,426|6,280,104|
|At 31 December 2020||5,673,000|2,239|666,426|6,341,665|
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|14|Fixed asset investments||||
|---|---|---|---|---|
|||||Listed|
|||||investments|
||Cost or valuation
At 1 January 2021 & 31 December 2021|||937,578|
||Carrying
amount
At 31 December 2021|||937,578|
||At 31 December 2020|||937,578|
|15|Financial
Instruments||2021|2020|
||Carrying
amount offinancial assets
Instruments
measured
at fair value through|profit or loss|1,054,263|937,578|
|16|Debtors||2021|2020|
||Amounts
falling due within one year:||E||
||Trade debtors
Prepayments
and accrued income||4,748
3,003|5,132
4,991|
||||7,751|10,123|
|17|Loans and overdrafts||2021|2020|
||Other loans||133,136|136,352|
||Payable after one year||133,136|136,352|
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|18|Creditors: amounts|falling due within one year|||
|---|---|---|---|---|
||||2021|2020|
||Other taxation and social security||2,042|1,333|
||Other creditors||1,064|748|
||Accruals and deferred|income|62,486|24,739|
||||65,592|26,820|
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||||||Movement|in funds||Movement||
|---|---|---|---|---|---|---|---|---|---|
|||||||||in funds||
||||1|Balance at
January 2020|Incoming
resources|Transfers
1|Balance at
January 2021|Incoming
resources|Balance at
31December
2021|
|National|Heritage|Lottery||||||||
|Fund|||||10,619|(10,619)||||
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||||Balance at|Resources|Balance at|Resources|Balance at|
|---|---|---|---|---|---|---|---|
||||1January 2020|expended1|January 2021|expended|31December
2021|
|Extraordinary
property
repairs reserve||and maintenance|178,048|(3,593)|174,455|(37,602)|136,853|
|Day to day property
reserve|and maintenance||40,000||40,000||40,000|
||||218,048|(3,593)|214,455|(37,602)|176,853|
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