2021-12-31-accounts - The Charity Of William Williams

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Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to5
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	7to 10
Statement ofFinancial	Activities	11to 12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Financial	Statements	15to 26

Trustees		Mr RCowley, (Chair	and Nominee	Trustee for holding	Trustee for holding	property)
		Mrs C Sharp, (Vice Chair and Nominee			Trustee for holding	property)
		Mrs H JLacey
		Mr A Chase
		Mr RPrideaux-Brune
		Mr GRose
		Mr JD Thrift
		Mr H White
Charity Registration	Number	202188
Principal Office		Stafford House
		10Prince ofWales Road
		Dorchester
		Dorset
		DT1 1PW
Auditor		Kennedy Legg
		Chartered Accountants	and Statutory	Auditor
		Stafford House
		10Prince ofWales Road
		Dorchester
		Dorset
		DT1 1PW
Solicitors		Battens
		Mansion House
		54-58 Princes Street
		Yeovil
		Somerset
		BA20 1EP
Bankers		NatWest Bank Plc
		49 South Street
		Dorchester
		Dorset
		DT1 1DW

	Budget	Actual
Relief ofthose in need	200,000	135,283	(note 6)
Education	200,000	122,218	(note 6)
	400,000	257,501

Stateme	nt of	Financial	Activities for the	Year Ended	31December 2	021
			Unrestricted	funds	Restricted	Total
			Designated	General	funds	2021
		Note
Income and Endowments		from:
Donations and legacies					2,000	2,000
Investment income		3		461,434		461,434
Other income				100		100
Total Income				461,534	2,000	463,534
Expenditure on:
Raising funds			(4,703)	(76,475)		(81,178)
Charitable activities				(303,385)	(1,000)	(304,385)
Other expenditure				(248)		(248)
Total Expenditure			(4,703)	(380,108)	(1,000)	(385,811)
Gains/losses on investment
assets				393,516		393,516
Net (expenditure)/income			(4,703)	474,942	1,000	471,239
Net movement in funds			(4,703)	474,942	1,000	471,239
Reconciliation offunds
Total funds brought	forward		376,860	7,242,496	14,810	7,634,166
Total funds carried	forward	16	372,157	7,717,438	15,810	8,105,405

				Unrestricted	funds
						Restricted	Total
				Designated	General	funds	2020
			Note
Income and Endowments			from:
Donations and legacies						2,000	2,000
Investment income			3		399,532		399,532
Total Income					399,532	2,000	401,532
Expenditure on:
Raising funds				(6,722)	(68,082)		(74,804)
Charitable activities					(332,321)	(2,750)	(335,071)
Other expenditure					(23)		(23)
Total Expenditure				(6,722)	(400,426)	(2,750)	(409,898)
Gains/losses on investment
assets					(640,076)		(640,076)
Net expenditure				(6,722)	(640,970)	(750)	(648,442)
Gross transfers between		funds		(683,577)	683,577
Net movement in funds				(690,299)	42,607	(750)	(648,442)
Reconciliation offunds
Total funds brought	forward			1,067,159	7,199,889	15,560	8,282,608
Total funds carried	forward		16	376,860	7,242,496	14,810	7,634,166

		Balance Sheet as at 3	1December 20	21
				2021	2020
			Note
Fixed assets
Tangible assets			9	6,247,433	5,612,077
Investments			10	480,493	472,645
				6,727,926	6,084,722
Current assets
Debtors			12	39,545	11,983
Cash at bank	and in hand		13	1,403,297	1,576,651
				1,442,842	1,588,634
Creditors: Amounts		falling due within one year	14	(65,363)	(39,190)
Net current	assets			1,377,479	1,549,444
Net assets				8,105,405	7,634,166
Funds ofthe charity:
Restricted income funds
Restricted funds				15,810	14,810
Unrestricted	income	funds
Unrestricted	funds			6,603,572	6,526,849
Revaluation	reserve			1,486,023	1,092,507
Total unrestricted funds				8,089,595	7,619,356
Total funds			16	8,105,405	7,634,166

Cash Flow Statement	for the Year E	nded 31De	cember 2021
			2021	2020
		Note
Cash flows from operating activities
Net cash income/(expenditure)			77,723	(8,366)
Adjustments to cash flows from non-cash items
Investment income			(461,432)	(399,532)
			(383,709)	(407,898)
Working capital adjustments
(Increase)/decrease in debtors		12	(27,562)	4,518
Increase/(decrease) in creditors		14	26,173	(22,511)
Net cash flows from operating activities			(385,098)	(425,891)
Cash flows from investing activities
Interest receivable and similar income		3	461,112	399,253
Purchase oftangible fixed assets		9	(243,690)	(865,584)
Purchase ofinvestments		10	(6,000)
Income from dividends		3	322	279
Net cash flows from investing activities			211,744	(466,052)
Net decrease in cash and cash equivalents			(173,354)	(891,943)
Cash and cash equivalents at 1 January			1,576,651	2,468,594
Cash and cash equivalents at 31December			1,403,297	1,576,651
Reconciliation ofnet cash flow to movement	in net funds
Decrease in cash			(173,354)	(891,943)
Net funds at 1 January 2021			1,576,651	2,468,594
Net funds at 31December 2021			1,403,297	1,576,651

2	Income from	donations	donations	and legacies
						Restricted	Total
						funds	funds
Donations and legacies;
	Donations from	individuals				2,000	2,000
Total for 2021						2,000	2,000
Total for 2020						2,000	2,000
3	Investment income
					Unrestricted
					funds	Total	Total
					General	2021	2020
Income from dividends;
	Dividends receivable		from	other listed investments	322	322	279
Interest receivable		and similar		income;
	Interest receivable on		bank	deposits	991	991	10,161
	Interest receivable on		other	loans	6,750	6,750	7,110
Income from rents					453,371	453,371	381,982
					461,434	461,434	399,532

								Unrestricted	funds	Total
								Designated	General	2021
Other investment			management			costs;
Property		insurance costs							7,392	7,392
Property		repairs, renewals			and maintenance			4,703		4,703
Property		management		commission,			legal fees
etc									67,932	67,932
Allocated	support		costs						1,151	1,151
								4,703	76,475	81,178
								Unrestricted	funds	Total
								Designated	General	2020
Other investment			management			costs;
Property		insurance costs							5,535	5,535
Property		repairs, renewals			and maintenance			6,722		6,722
Property		management		commission,			legal fees
etc									61,880	61,880
Allocated	support		costs						667	667
								6,722	68,082	74,804
5 Expenditure			on charitable			activities
								Unrestricted
								funds	Restricted	Total
								General	funds	funds
Relief for	those in need			- grants		to
individuals								51,523		51,523
Relief for	those in need			- grants		to
institutions								83,760		83,760
Education		- grants	to individuals					121,218	1,000	122,218
Governance		costs						46,884		46,884
Total for	2021							303,385	1,000	304,385
Total for	2020 - (see analysis				below)			332,321	2,750	335,071

				Unrestricted
				funds	Restricted	Total
				General	funds	2020
			Note
Relief for those in need - grants to
individuals				46,867		46,867
Relief for those in need - grants to
institutions				86,031		86,031
Education -	grants to individuals			162,392	2,750	165,142
Governance	costs			37,031		37,031
				332,321	2,750	335,071
Governance	costs				2021	2020
Trustees expenses					320	99
Sundry and	other costs				132	178
Advertising	and promotion				448	320
Accountancy	and bookkeeping				14,031	13,712
Auditors' remuneration					12,450	5,100
Clerks and administration		fees			18,939	17,301
Trustees insurance					564	321
					46,884	37,031

Analysis ofgrants
	Grants to	institutions	Grants to	individuals
	2021	2020	2021	2020
Analysis
Relief ofthose in need	83,760	86,031	51,523	46,867
Education			122,218	165,142
	83,760	86,031	173,741	212,009

Below are	details ofma	te	rial grants ma	de to institutions.
					2021	2020
Name ofinstitution				Activity
Blandford	Opportunity	Group		Reliefofthose in need	15,000	15,000
Sturminster	-Amateur	boxing club		Reliefofthose in need	1,211
Blandford	- Stour valley		canoe club	Reliefofthose in need	5,000
Blandford	Rugby Club			Reliefofthose in need	1,000	2,000
Blandford	- Age concern			Reliefofthose in need	20,000	5,000
Blandford	- legion club			Reliefofthose in need	1,122
Miscellaneous -under f.1,000each				Reliefofthose in need	2,100	1,977
Shaftesbury	&District	Carers (HOPE)		Reliefofthose in need		6,000
Shaftesbury	Hospital			Reliefofthose in need		1,000
Shaftesbury	School			Reliefofthose in need	9,000	9,000
Shaftesbury	Girl Guides			Reliefofthose in need	15,000	2,500
Sturminster	High School			Reliefofthose in need	14,127	19,714
Sturminster	-Friends ofStour Connect			Reliefofthose in need	200	1,000
Sturminster repair	- Contribution		to pitch	Reliefofthose in need		1,590
Blandford	school			Reliefofthose in need		21,250
					83,760	86,031
7 Staff costs
The aggregate payroll costs were as follows:
					2021	2020
Staffcosts	during the	year were:
Other staff	costs				18,939	17,301

		2021	2020
Audit ofthe financial	statements	12,450	5,100
Other fees to auditors
All other non-audit services		5,319	6,770

9 Tangible fixed assets
	Investment
	properties	Total
Cost
At 1 January 2021	5,612,075	5,612,075
Revaluations	391,668	391,668
Additions	243,690	243,690
At 31December 2021	6,247,433	6,247,433
Depreciation
At 31December 2021
Net book value
At 31December 2021	6,247,433	6,247,433
At 31December 2020	5,612,075	5,612,075

Other investments
	Listed
	investments	Total
Cost or Valuation
At 1 January 2021	11,645	11,645
Revaluation	1,848	1,848
At 31December 2021	13,493	13,493
Net book value
At 31December 2021	13,493	13,493
At 1 January 2021	11,645	11,645
11 Social investments

Programme related investments
	Programme
	Related
	Investments	Total
Cost
At 1 January 2021	461,000	461,000
Additions	6,000	6,000
At 31December 2021	467,000	467,000
Provision
At 31December 2021
Net book value
At 31December 2021	467,000	467,000
At 1 January 2021	461,000	461,000

12 Debtors
			2021	2020
Trade debtors			16,149	11,740
Prepayments			23,396	243
			39,545	11,983
13 Cash and cash equivalents
			2021	2020
Cash at bank			1,144,071	1,317,431
Short-term	deposits		259,226	259,220
			1,403,297	1,576,651
14 Creditors: amounts		falling due within one year
			2021	2020
Trade creditors			46,456	23,938
VAT grant	repayable		10,807	6,552
Accruals			8,100	8,700
			65,363	39,190

16 Funds
							Balance at
		Balance at I Jan 2021	Incoming resources	Resources expended	Transfers	recognised gains/(losses)	31 December
Restricted	funds
Mr RConnell		4,310					4,310
M Owen (ORBIS)		10,500	2,000	(1,000)			11,500
		14,810	2,000	(1,000)			15,810
General funds
Unrestricted	income funds	7,242,496	461,534	(380,108)		393,516	7,717,438
Designated	funds
Property repairs fund		131,860		(4,703)			127,157
Committed	grants	245,000					245,000
		376,860		(4,703)			372,157
Total funds		7,634,166	463,534	(385,811)		393,516	8,105,405
							Balance at
		Balance at I Jan 2020	Incoming resources	Resources expended	Transfers	recognised gains/(losses)	31 December
Restricted	funds
Mr RConnell		3,560	2,000	(1,250)			4,310
M Owen (ORBIS)		12,000		(1,500)			10,500
		15,560	2,000	(2,750)			14,810
General fund
Unrestricted	income fund	7,199,889	399,532	(400,425)	683,577	(640,077)	7,242,496
Designated	funds
Property repair funds		87,159		(6,722)	51,423		131,860
Committed	grants	980,000			(735,000)		245,000
		1,067,159		(6,722)	(683,577)		376,860
Total funds		8,282,608	401,532	(409,897)		(640,077)	7,634,166
Restricted	funds:

Committed	grants:		2021	2020
Blandford	Youth Club		30,000	45,000
Shaftesbury	Community	Centre *	200,000	200,000
			245,000	245,000

17 Analysis ofnet assets between funds
	Unrestricted		funds	Restricted
	General	Designated		funds
Tangible fixed assets	6,247,433				6,247,433
Fixed asset investments	13,493				13,493
Programme related investments	467,000				467,000
Current assets	1,054,875		372,157	15,810	1,442,842
Current liabilities	(65,363)				(65,363)
Total net assets	7,717,438		372,157	15,810	8,105,405
	Unrestricted		fund	Restricted	Total at 31 December
	General	Designated		funds	2020
Tangible fixed assets	5,612,077				5,612,077
Fixed asset investments	11,645				11,645
Programme related investments	461,000				461,000
Current assets	1,196,964		376,860	14,810	1,588,634
Current liabilities	(39,190)				(39,190)
Total net assets	7,242,496		376,860	14,810	7,634,166