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

PDF
Markdown

2020-12-31-accounts

Trustees		Mr H Burton
		Mr hl Ellison
		Mr BThompson
		Mrs BThompson
		Mr W Simpson MBE
		Mr M A Thomas
		Councillor L De cham
		Councillor SMacKay
		Mrs C G Gerdner
Clerk to the	Trustees	Mr 3 I Wagstaff
Charity number		201887
Principal address		17Royal Albert Close
		Fort Royal
		Worcester
		WRS 1BX
Independent	examiner	T C. P.Catdsr FCA
		Kendall Wadi ey	LLP
		Merevale House
		27 Sansome Walk
		Worcester
		WR1 1ffU
Bankers		Lloyds Bank pic
		4 The Cross
		Worcester
		WR1 3PY
investment	advisors	hll&G Secunties	Limited
		PO Box9038
		Chelmsford
		CM99 2XF

		ID					CD	cD J	Dl	ID Icf
								ID	fl
									If&	Ifl
					«f	DI
		N			C4
		0
		0
		LU
		0	Vl		ID	c0			CD	I
		Dl 0'0	C					ID	IQ fcl	CD
		8
		ID 0 g2 gl 0		0 m 0 Ul ID	CD O DI	I0						ID C7 «\ IU
				ID
		'0 0	ID D	0	Dl C3	DI			I	O
		0 DI		0	CV				If)	CD
		ID 0I-			O cv cv	DI	cD cD	0l ID CD Cfl	IO
							Ifl		ID
		C	VP		O c4Occ	4I
		C
		UI
		0	Vl		O	4I						ID
I-Z		Cl 0 'C	C		O DI					I0		ID ID
		Dl
0o0	CD	3/0			o DC CD cv	clc
	CD
ch M		0		Dl
UJ g E I- ib iZ 0	Luo	C 'C	Vl C	DI Ql CD	O IVO Dl	III						IDI0 CD CV
x	a
~o "~ Z g	w a					Z
Z ~ L'o o Z I-~ gJ Z Ea Ill g 0	4 4l l 0						'5 fD0	C	0 0C nl 0 I	0 ID Cl Zt9 O	00 ID8 Vl Vl C 0 —2 OD 'tD DI 0) Z .C		Ul0 0 Ul 0 Ulg cl

		O
C
Pl
Ia N	Ia
C4	CO
ICp	l

				2020		2019
			Notes
Fixed assets
Tangible assets			11		231,979		231,979
Investmenls			12		925,614		960,724
					1,157,593		1,192,703
Current assets
Oebtors			14	4,215		4,540
Cash at bank and in	hand			93,942		65,085
				98,157		69,625
Creditors: amounts	falling	due within
one year			16	(17,043)		(25,535)
Net current assets					81,114		44,090
Total assets less current		liabilities			1,238,707		1,236,793
Capital funds
Endowment funds			16		231,979		231,979
Income funds
Restricted funds			17		121,334		125,090
Unrestricted funds -	designated		18		352,872		333,192
Unrestricted funds -	general				532,522		546,532
					'l,238,707		1,236,793

					Unrestricted	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
						funds	funds		funds	funds
						general			general
						2020	2020	2020	2019	2019	2019
						6	6	6
Income from			listed
investments						5,393	250	5,643	5.392	250	5,642
Interest receivable						226		226	204		204
						5,619	250	5,869	5.596	250	5,846
Charitable		activities
							House	Housing	Social	Total	Total
							services	maintenance	costs	2020	2019
							costs	and repairs
							8	8
Staff costs							18,485			18,485	17,933
Water							7,646			7,648	2,032
Heat and light							24,399			24,399	27,522
Insure noe							4,865			4,865	4,850
Clerk to the		Trustees'			fees		3,425			3,425	3,325
Telephone							3,910			3,910	3,846
Sub acripti	on		s				281			281	309
Sundry							3,792			3,792	3,951
Gardening							10,057			10,057	8,009
Housing maintenance					and repairs
(unrestricted			fund)					16,950		18,950	14,547
Large non-recurring				repairs
(extraordinary			repairs		fund)			5,487		5,487	18,646
Recurring	maintenance				costs	(cyclical
maintenance			fund)					9,181		9,181	37,941
Socia I event			costs								1,090
Grants from			Children's		Fund				500	500
							76,860	3'I,618	500	108,978	142,003
Share ofgovernance 6)				costs (see note			t0.161			10,161	9.973
							87,021	31,618	500	119,139	151,976

			2020	2019
			6
Clerk to the	Trustees' fees		6,850	6,650
independent	examiner's	fees	1,680	1,744
Sundry			1,631	1,579
			'l0,161	9,973
Anal ysed between
Charitable	actwities		10,161	9,973

The average	monthly number ofemployees during	the year was:
		2020	2019
		Number	Number
Warden
Employment	costs	2020	2019
		6
Wages and salaries		18,'l24	17,601
Other pension costs		361	332
		18,485	17,933

73

Tangible fixed as	sets
				Lend end buildings
Cost
At 1 January 2020				231,979
At 31 December 2020				231,979
Carrying amount
At 31 December 2020				231,979
At 31 December 2019				231,979
Net book value of	fixed assets		at 31 December 2020 represents:
Freehold property,	Fort Royal Worcester			121,344
Less: Housing Association		grants		(19,790)
				101,554
Freehold property,	StSwithun's		Close Worcester	130,425
				231,979

Fixed asset investments
	Income Accumulation		Tots I
	investments	investments
Cost or valuation
At 31 December 2020	'I45,691	815,033	960,724
Additions		1,445	1.445
Valuation changes	(10,882)	(25,673)	(36.555)
At 31 December 2020	134.809	790,805	925,614
Carry in g am o ant
At 31 December 2020	134,609	790,805	925,614
At 31 December 2019	145,691	815,033	960,724

	F83,000)	a	nd for the		S,GCM	AF Accumulati	on Investments was 2203	,520 (20195202.075)
13	Financial		instruments					2020	2019
	Carrying	amount of		financial assets
	Instruments		measured		at fair value through		profit or loss	925,614	960,724
	Carrying	amount of		financial		liabilities
	Measured		at amortised		cost			17,043	25,535
14	Debtors
								2020	2019
	Amounts		falling due		within	one year:		8	f2
	Prepayrnents and accrued income							4,215	4,540
18	Creditors:		amounts	falling due within one year
								2020	20'I9
								f	6
	Other creditors							13,092	20,836
	Accruals and deferred				income			3,951	4,699
								17,043	25,535

			Qr		CP 4PQQ 0$(Q C			O IQO	(0			0 «
			VtDQ.								rtl«	«
			Q.0 II—								m 0	0
			Q. vl D		E 0 '4 Qt 4 c c 4 IQt						(L0 0	0 8
			2 «0 Ql	0 «0 E	4~c 0 0 II			OO ICP		«t IIP	Ql	0 00
			« 2 Ol C Ql 00 (QC0 0 (4 (0 O0	D	ol IQ 0 0 0 4 0 4 Q IP CQ Cis		CJ	O LD		O CQ O QP CP LD (t(	VP(9 TJ«(0 Vl Co 0 (0 Ql QP	«0 Ol« (0 0 Ql Ol Ql 'O C
											(0
			0 «l.x QlC QQ a0	m0 « «	Pl80 a IL II x4						8 OP 0E2Q. QP cl «PI«	R hQ. 0 QP0 0	8 00 Dl« O Cl Ql 0 'O«
O LU ZI-Z0 O COI-Z LU2 LU CO	O O LLIU LLI Z		Ql Dl« E8 IOct Ql 00 0«	0X	4 Ql			IQ CP O	m (PP	O(0 C( CPI Qo(0 (0 O	eQ. Ql m EE0 O 00 (0 Ql Ql 0	Dl QI (0 0 «I(0 Ctl0( 0 Ih 0 E m0 0D IQ	« Ql E CL00 mO Ql 0 vl 02 QI IQ Irl Ql
												lo
												L'
			Ym
OZ Z LUZI-0I- &O LUI-0Z	Q LU IxI LU 0	8 (P L'	0 5 0 (40« E00« QP			m 0 Qt K. 8 0 '0 0 c E m 0 LC LL «0 IO PO 0 Ql (0 D '0 (PPO50					Vl « « 0« LL (Q (P0 (0	IQ 0 '0 LL4 0 «a pZ Dp «m 0«	0 LL«0 E '0 Ql QI Q. O

													X(
													co		7D
					It 0		(4						Cl		«lDl
					38								C4
															0 0x		ro0E0
															(o		(o
						vl									E
						7I											D
															'I«		Dt
										0					8
					P					Cll C(					«I8 E		P
				0											S		0
				c «I E D	$$ $ e					(0 Ql					8 00		0 (D E «l 0 h.
															E
					Ol o E O 0o	Vl oo o o									.8		ro CL
															IO		IO0
					ro O I(l 5R									Ql	0 0		0 2
													IQcl C(	co			«l
															«l
															8		0
			0a '0 (o E		g ,	It m				C( Ctl				(0 IQ	00 E(o 8 «I		'g (5 (o (A
Q LLI ZI-Z0 O KI-Z UJ LLI	AlO ILI R		(rt(o 0 (o «l0 (o 0 (5 0 «I E «I	0 0Z	g	xo				ct (0 (tl co				C((	FO. «I «l to P I- 00 LL		0 E rtt00R E0.0 20 rrt rrt 'Dc
Vl OZ	0 ILIV CI		«I (tr 'Dc		Ol oA Nl										00 I« (Il		LL c 00Z0
Z II ILIxI-0I- 0) IljI-0Z	ILI 0 4l 4.0	c	0 c 43 (6 «l			trl		g8 «I (OD Q.c IL&Z '(g (rt 0 oFnK			'0 «I 0 c ELL 'P rrt Ol o.—.E l5KZ				~K («c IC( 'g 2 «I P D 0 rm		0.' «I0 80 «I x LII

			Gl I—		CD O						O	O CDO
										Ol	CD
											CD
			Q	Iff	CD					CD
			Cf E	L	O					Dl
										M
			Cf							CCI
			Q
			LIJ
					«Dl								O
				Q	O								CDO
											O		ID
													Cff
			'Q Q CCQ QI	ICI D Q	CD O Cl	4I
			8 Ill O
				«C	CD	4l					ICI
				O	O						Q
			't«								Ill
			CC
			Q
					O CI Cl	Ccl				CD CD	ct Q		«I
										v) CCI	Pl CD		Cfl
				Q OQ g	Q Q Cl	Ccl
O EU				Q '0 g	Q CCI Q hl	IIII					CD
ZI-Z0 O				CO	g	Ccl					CD d	CD Cl	CI
CO	CCI CO											CD
IZ
EU	LU
EU VJ	O LU Ql UJO	Vl cQ c Cf Cf 3	tf 'Q Q L Q D	ID T$ g	O CIO CCI	Ccl					O O O Clf Ccf	CCI Ccl O	CI ICI
UZ	IO	dl										Iff
Z	Q							Cf
U UjZI-0 VJ LLI	LU la	IC Cf o LI III O					Q CC Ql CC -Q Q u.	CCI CCI O E Q Cf Cf Q	Ilf Q «I Ill Clf ICI Q$ CD C«Q 5		g 5 Q Q	Sf R Q L 0
0Z	U.0