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||Page|
|---|---|
|Reference and administrative details of the Charity, its Trustees and advisers|1|
|Trustees' report|2-5|
|Independent auditors' report on the financial statements|6-9|
|Statement of financial activities|10|
|Balance sheet|11-12|
|Notes to the financial statements|13-29|
|Charity Detailed income and expenditure account and summaries||





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|Trustees|Mr F J W Brown, Chairman|
|---|---|
||Mr G Norman, Vice Chairman|
||Mr D Porter|
||Mr C Alien|
||Mr D T Murfitt|
||Mrs J Weaver|
||Mr C Webber|
||Mrs V Padgett|
||Mrs L Clay|
||Mrs S Kerridge|
||Mr L Fallen|
|Charity registered||
|number|202116|
|Principal office|5 Victoria Street|
||Littleport|
||Cambridgeshire|
||CB61LU|
|Clerk|Mrs L Ciarke-Jones|
|Statutory auditors|Whitings LLP|
||Raleigh House|
||14C Compass Point Business Park<br>Stocks Bridge Way|
||St Ives|
||Cambridgeshire|
||PE27 5JL|
|Bankers|Barclays Bank PLC<br>28 High Street<br>Ely|
||Cambridgeshire<br>CB7 4LA|





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|||Restricted Unrestricted|Restricted Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||funds funds||funds|funds|
||Note|2021 2021<br>£ £||2021£|2020<br>£|
|Income from:||||||
|Charitable activities|2||92,004|92,004|86,703|
|Investments|3||61,722|61,722|66,071|
|Total income|||153,726|153,726|152,774|
|Expenditure on:<br>Charitable activities|4||71,249|71,249|68,081|
|Total expenditure|||71,249|71,249|68.081|
|Net income before net gains/(losses)||||||
|on investments|||82,477|82,477|84,693|
|Net gains/(iosses) on investments|||40,599|40,599|(31.029)|
|Net income|||123,076|123,076|53,664|
|Transfers between funds|16|83|<83)|||
|||83|122,993|123,076|53,664|
|Net movement in funds||||||
|Reconciliation of funds:||||||
|Tota! funds brought forward||1,983|2,960,841|2,962,824|2,909,160|
|Net movement in funds||83|122,993|123,076|53,664|
|||2,066|3,083,834|3,085,900|2,962,824|
|Total funds carried forward||||||





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||||2021||2020|
|---|---|---|---|---|---|
||Note||£||£|
|Fixed assets||||||
|Tangible assets|9||518,091||421,261|
|Investments|11||348,532||319,587|
|Investment property|10||2,234,600||2,234,600|
||||3,101,223||2,975,44S|
|Current assets||||||
|Debtors|12|9,088||9,277||
|Cash at bank and in hand||81,405||92,721||
|||90,493||101,998||
|Creditors: amounts falling due within one||||||
|year|13|(20,788)||(19,496)||
|Net current assets|||69,705||82,502|
|Total assets less current liabilities|||3,170,928||3.057.950|
|Creditors: amounts falling due after more||||||
|than one year|14||(85,028)||(95,126)|
|Net assets excluding pension asset|||3,085,900||2,962,824|
|Total net assets|||3,085,900||2,962,824|
|Charity funds||||||
|Restricted funds|16||2,066||1,983|
|Unrestricted funds|16||3,083,834||2,960.841|
|Total funds|||3,085,900||2,962,824|





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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021£|2021£|2020<br>£|
|investment income|24,832|24,832|30,652|
|Interest receivable|2,443|2,443|2,674|
|Profit on disposal of investments|34,447|34,447|32,745|
||61,722|61,722|66,071|
|Tote/ 2020|66,071|66,071||



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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2021£|2021£|2020<br>£|
|Cost of sales|64,723|64,723|62,037|
|Education grants provided|6,526|6,526|6,044|
||71,249|71,249|68,081|
|Total 2020|68,081|68,081||





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||Grants to|Total|Total|
|---|---|---|---|
||Individuals|funds|funds|
||2021£|2021£|2020<br>£|
|Education grants|2,815|2,815|4,550|
|Total 2020|4,550|4,550||
|||3=S||



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||Activities Grant||||
|---|---|---|---|---|
||undertaken funding|of Support Total Total|||
||directly activities costs funds|||funds|
||2021 2021|2021|2021 2020||
||£ ££||£|£|
|Cost of sales|51,433|13,290|64,723|62.037|
|Other Activities|2,815|3,711|6,526|6,044|
||51,433<br>2,815|17,001|71,249|68,081|
|Total 2020|49,332<br>4,550|14.199|68,081||





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||Charitable Investment|Charitable Investment|Total|Tote/|
|---|---|---|---|---|
||Activities Activities||funds|funds|
||2021 2021<br>£ £||2021£|2020<br>£|
|Depreciation|195|470|665|665|
|Payroll costs|3,098|1,033|4,131|4.095|
|Postage, stationery and telephone|1,287|429|1,716|1,593|
|Sundry expenses|596|199|795|680|
|Depreciation - freehold almshouse|3,284|1,095|4,379|2,575|
|Interest payable and similar charges|1,455|485|1,940|1,701|
|Audit and accountancy fees|3,375||3,375|2,890|
||13,290|3,711|17,001|14,199|
|Total 2020|11.068|3,131|14,199||



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||2021£|2020<br>£|
|---|---|---|
|Fees payable to the Charity's auditor for the audit of the Charity's annual|||
|accounts|3,375|2,890|



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||Freehold Office|Freehold Office||
|---|---|---|---|
||property equipment||Total|
||£ £||£|
|Cost or valuation||||
|At 1 April 2020|467,898|975|468,873|
|Additions|101,874||101,874|
|At 31 March 2021|569,772|975|570,747|
|Depreciation||||
|At 1 April 2020|47,222|390|47,612|
|Charge for the year|4,849|195|5,044|
|At 31 March 2021|52,071|585|52,656|
|Net book value||||
|At 31 March 2021|517,701|390|518,091|
|At 31 March 2020|420,676|585|421,261|
|10. Investment property||||
||||Freehold|
||||investment|
||||property£|
|Valuation||||
|At 1 April 2020|||2,234,600|
|At 31 March 2021|||2,234,600|





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||||Unlisted|
|---|---|---|---|
||||investments£|
||Cost or valuation|||
||At 1 April 2020||319,587|
||Additions||3,900|
||Disposals||(15,553)|
||Revaluations||40,599|
||At 31 March 2021||348,532|
||Net book value|||
||At 31 March 2021||348,532|
||At 31 March 2020||319,587|
|12.|Debtors|||
|||2021£|2020<br>£|
||Due within one year|||
||Trade debtors|7,331|6,77^|
||Prepayments and accrued income|1,757|2,506|
|||9,088|9.277|
|13. Creditors: Amounts falling due within one year||||
|||2021£|2020<br>£|
||Bank loans|99|86|
||Other toans|10,000|10.000|
||Trade creditors|309|535|
||Accruais and deferred income|10,380|8,875|
|||20,788|19,496|



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||2021£|2020<br>£|
|---|---|---|
|Bank loans|10,028|10,126|
|Other loans|75,000|85,000|
||85,028|95, ^26|
|||==|



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||2021£|2020<br>£|
|---|---|---|
|Financial assets|||
|Financial assets measured at amortised cost|87,634|99,492|
||2021£|2020<br>£|
|Financial liabilities|||
|Financial liabilities measured at amortised cost|10,658|10,621|





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||||||Balance at|
|---|---|---|---|---|---|
||Balance at 1<br>April 2020<br>£|Income Expenditure<br>£ £||Transfers<br>in/out£|Gains/ 31 March<br>(Losses) 2021<br>£ £|
|Unrestricted||||||
|funds||||||
|Designated||||||
|funds||||||
|Extraordinary||||||
|Repairs Fund|96,757|||3,900|100,657|
|Future||||||
|Almshouse||||||
|Construction &||||||
|Maintenance||||||
|Reserve|316,000||||316,000|
|Future drainage||||||
|fund|19,812|||30,188|50,000|
|Salvation Army<br>Hall Fund|30,000|||20,000|50,000|
||462,569|||54,088|516,657|
|General funds||||||
|Genera! Funds -||||||
|all funds|263,672|153,726|(71,249)|(54,171)|40,599 332,577|
|Revaluation||||||
|resen/e -||||||
|investments|2,234,600||||2,234,600|
||2,498,272|153,726|(71,249)|(54,171)|40,599 2,567,177|
|Total||||||
|Unrestricted||||||
|funds|2,960,841|153,726|(71,249)|(83)|40,599 3,083,834|
|Restricted||||||
|funds||||||
|Mary Gather||||||
|Fund|1,983|||83|2,066|
|Total of funds|2,962,824|153,726|(71,249)||40,599 3,085,900|





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||Balance at||||Balance at|
|---|---|---|---|---|---|
||26 March|||Transfers|Gains/ 31 March|
||2019|Income Expenditure||in/oul|fLossesJ 2020|
||£|£ £||£|£ £|
|Unrestricted||||||
|funds||||||
|Designated||||||
|funds||||||
|Extraordinary||||||
|Repairs Fund|92,857|||3,900|96,757|
|Future||||||
|Almshouse||||||
|Construction &||||||
|Maintenance||||||
|Reserve|316.000||||316.000|
|Future drainage||||||
|fund|19,812||||19,812|
|Salvation Army||||||
|Hail Fund||||30,000|30,000|
||428,663|||33,500|462,569|
|General funds||||||
|General Funds -||||||
|all funds|243,967|152,774|(68,081)|(33,959)|(31,029) 263,672|
|Revaluation||||||
|resen/e -||||||
|investments|2,234,600 . -|||. . 2,234,600||
||2,478,567|152,774|(68,081)|(33,959)|(31,029) 2,498,272|
|Total||||||
|Unrestricted||||||
|funds|2,907,236||(68,081)|(59)|(31,029) 2.960.841|
|Restricted||||||
|funds||||||
|Mary Gather<br>fund|1,924|||59|1,963|





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||Restricted Unrestricted|Total|
|---|---|---|
||funds funds|funds|
||2021 2021<br>£ £|2021£|
|Tangible fixed assets|518,091|518,091|
|Fixed asset investments|348,532|348,532|
|Investment property|2,234,600|2,234,600|
|Current assets|2,066 88,427|90,493|
|Creditors due within one year|(20,788)|(20,788)|
|Creditors due in more than one year|(85,028)|(85,028)|
|Total|2,066 3,083,834|3,085,900|



||Restricted Unrestricted|Total|
|---|---|---|
||funds funds|funds|
||2020 2020<br>£ £|2020£|
|Tangible fixed assets|421,261|421,261|
|Fixed asset investments|319,587|319,587|
|Investment property|2,234,600|2,234,600|
|Current assets|1,983 100,016|101,999|
|Creditors due within one year|(19,496)|(19,496)|
|Creditors due in more than one year|(95,127)|(95,127)|
||1,983 2,960,841|2,962,824|





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||||2021 2020|
|---|---|---|---|
||2021|2020|Balances Balances|
||Rents<br>receivable<br>£|Rents<br>receivable<br>£|outstanding outstanding<br>at year-end at year-end<br>£ £|
|Mr G Norman|4,011|4,011|2,005|
|Mr D T Murfitt|2,575|3,863||
|Mr P Padgett|2,471|Z471|1,236|





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||2021£|2021£|2020£|2020<br>£|
|---|---|---|---|---|
|Income|||||
|Almshouse contributions|92,004||86,703||
|Interest receivable and similar income|27,275||33.326||
|Profit on disposal of investments|34,447||32,745||
|||153,726||152.774|
|Gains/(Losses) on investments|||||
|Revaluation of investment portfolio|40,599|40,599|(31,029)|(31,029)|
|Gross income in the reporting period||194,325||121,745|
|Less:|||||
|Management|||||
|Payroll costs|4,131||4,095||
|Town hall - depreciation|470||470||
|Postage, stationery and telephone|1,716||1,593||
|Auditors' fees|3,375||2,890||
|Sundry expenses|796||680||
|Depreciation - freehold almshouse|4,379||2,575||
|Depreciation - office equipment|195||195||
|||15,062||12,498|
|Cost of sales|||||
|Almshouses - norma! maintenance|7,099||9,595||
|Almshouses - exceptional repairs|8,374||7,838||
|Almshouses - water and sewerage|8,463||7,479||
|Almshouses - heating and lighting|18,767||13,983||
|Almshouses - insurance|3,026||2,910||
|Rates on void properties|464||2.501||
|Cail care|5,239||5,026||
|||51,432||49,332|
|Other activities|||||
|Education Grants|815||1,850||
|Social Welfare Grants|2,000||2,700||
|Interest payable|1,940||1.701||
|||4,755||6,251|





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|2021|2021|2020|2020|
|---|---|---|---|
|£|£|£|£|
|Total expenditure|71,249||68,081|
|Net income before taxation for the reporting<br>period|123,076||53,664|
|Tax payable||||
|Net income for the reporting period 123,076|||53,664|
||==;|||
|Surplus for the reporting period 123,076|||53,664|
|Surplus brought forward at 1 April 2020|53,664|||
|Surplus carried forward at 31 March 2021 176,740|||53,664|