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2020-12-31-accounts

I n d e x
Page No.
Trustees' annual report 1 - 2
Independent examiners' report 3
Statement of fnancial activities (SOFA) 4
B a l a n c e s h e e t 5
Accounting policies and notes to the fnancial statements 6 - 1 2
S u p p l e m e n t a r y i n f o r m a t i o n 1 2

Shaftesbury Municipal Almshouse Charity Designated Designated Designated Designated Designated Designated Designated Designated Designated Designated Designated Designated
S t a t e m e n t o f F i n a n c i a l A c t i v i t i e s Cyclical Extraordinary Cyclical Extraordinary
F o r t h e Ye a r E n d e d 3 1 D e c e m b e r 2 0 2 0 E n d o w m e n t G e n e r a l M a i n t R e p a i r T o t a l E n d o w m e n t G e n e r a l Maint R e p a i r To t a l
N o t e F u n d F u n d s F u n d F u n d 2 0 2 0 F u n d F u n d s Fund F u n d 2 0 1 9
£ £ £ £ £ £ £ £ £ £
I n c o m e & e n d o w m e n t s f r o m :
C h a r i t a b l e a c t i v i t i e s 3 2 2 8 , 0 8 9 2 2 8 , 0 8 9 3 2 6 , 0 6 5 3 2 6 , 0 6 5
I n v e s t m e n t i n c o m e 4 2 , 5 3 3 2 , 5 3 3 4 , 4 6 0 4 1 8 4 , 8 7 8
Other incoming resources 5 2 , 6 0 6 2 , 6 0 6 2 0 0 2 0 0
Total incoming resources 2 3 3 , 2 2 8 2 3 3 , 2 2 8 3 3 0 , 7 2 5 4 1 8 3 3 1 , 1 4 3
Expenditure on:
C h a r i t a b l e a c t i v i t i e s 6 6 0 , 4 8 6 6 0 , 4 8 6 7 3 , 0 7 4 7 3 , 0 7 4
G o v e r n a n c e c o s t s 7 16,558 1 6 , 5 5 8 19,735 19,735
Total resources expended 7 7 , 0 4 4 7 7 , 0 4 4 9 2 , 8 0 9 9 2 , 8 0 9
Net incoming/outgoing resources before transfers 156,184 156,184 2 3 7 , 9 1 6 4 1 8 2 3 8 , 3 3 4
Tr a n s f e r s
G r o s s t r a n s f e r s b e t w e e n f u n d s 1 5 (25,040) 1 5 , 5 4 0 9 , 5 0 0 125,040} 15,540 9 . 5 0 0
Net incoming resources before other
recognised gains and losses 131,144 1 5 , 5 4 0 9 , 5 0 0 156,184 2 1 2 , 8 7 6 15.958 9,500 2 3 8 , 3 3 4
Other recognised gains
Realised gain on investments 1 0 , 1 2 2 0 5 , 8 4 6 2 0 5 , 8 4 6
Unrealised gain/loss(-) on investments 9,11 (13) (198,035) (198,048) 2 45,206 4 5 , 2 0 8
N e t m o v e m e n t i n f u n d s (13) 131,144 1 5 , 5 4 0 17,311 163,982 2 212,876 15,958 54,706 2 8 3 , 5 4
2
R e c o n c i l i a t i o n o f f u n d s
Total funds brought forward 300,013 454,458 121,280 429,748 1 , 3 0 5 , 4 9 9 300,011 241,582 105,322 375,042 1 , 0 2 1 , 9 5
7
To t a l f u n d s c a r r i e d f o r w a r d 300,000 585,602 136,820 447,059 1 , 4 6 9 , 4 8 1 300,013 454,458 121,280 429,748 1 , 3 0 5 , 4 9
9

N o t e 2 0 2 0 2 0 1 9
£ £
F i x e d A s s e t s
Tangible fxed assets 8 1 , 3 0 1 , 9 1 6 8 5 1 , 0 0 8
I n v e s t m e n t s 9 13
To t a l F i x e d A s s e t s 1 , 3 0 1 , 9 1 6 851,021
C u r r e n t A s s e t s
D e b t o r s 10 6 , 6 3 2 1 , 2 2 4
i n v e s t m e n t s 11 2 5 4 , 0 5 1
C a s h a t B a n k 1 8 3 , 9 7 2 2 0 5 , 5 1 8
To t a l C u r r e n t A s s e t s 1 9 0 , 6 0 4 4 6 0 , 7 9 3
L i a b i l i t i e s
C r e d i t o r s
Amounts falling due within one year 12 2 3 , 0 3 9 6 , 3 1 5
N e t C u r r e n t A s s e t s 1 6 7 , 5 6 6 4 5 4 , 4 7 8
To t a l A s s e t s l e s s C u r r e n t L i a b i l i t i e s 1 , 4 6 9 , 4 8 1 1 , 3 0 5 , 4 9 9
Funds ot the Charity
E n d o w m e n t s 1 3 3 0 0 , 0 0 0 3 0 0 , 0 1 3
I n c o m e F u n d s
U n r e s t r i c t e d f u n d s 1 4 5 8 5 , 6 0 2 4 5 4 , 4 5 8
Designated funds 1 5
Cyclical Maintenance Fund 1 3 6 , 8 2 0 t 2 1 , 2 8 0
Extraordinary Repair Fund 4 4 7 , 0 5 9 429,748
Total Charity Funds 1 , 4 6 9 , 4 8 1 1 , 3 0 5 , 4 9 9

D e s i g n a t e d D e s i g n a t e d
Cyclical Extraordinary C y c l i c a l E x t r a o r d i n a r y
E n d o w m e n t G e n e r a l M a i n t Repair T o t a l E n d o w m e n t G e n e r a l M a i n ! R e p a i r T o t a l
F u n d F u n d s F u n d F u n d 2 0 2 0 F u n d F u n d s F u n d F u n d 2 0 1 9
£ £ £ £ £ £ £ £ £ £
3 I n c o m e & e n d o w m e n t s f r o m C h a r i t a b l e a c t i v i t i e s
R e s i d e n t s ' m a i n t e n a n c e c o n t r i b u t i o n s 75,221 75,221 63.488 6 3 , 4 8 8
Electricity 6 , 6 8 9 6,689 2,534 2,534
Grants received for expansion 9 0 , 4 4 9 90,449 196,000 196,000
S a l e o f L a n d 5 5 , 7 3 0 5 5 , 7 3 0 64,043 6 4 , 0 4 3
228,089 228,089 326,065 326,065
4 I n c o m e & e n d o w m e n t s f r o m I n v e s t m e n t i n c o m e
Rent &rent charges for land 2,338 2,338 4,297 4,297
B a n k i n t e r e s t 1 9 4 1 9 4 1 6 3 4 1 8 5 1 6
2 . 5 3 3 2.533 4,460 4 1 8 4,813
5Income &endowments from Other incoming resources
W a y l e a v e s 1 9 1 191
L e a v e r s E s t a t e 1 5 0 1 5 0 2 0 0 2 0 0
D o n a t i o n r e c e i v e d 2,266 2.266
2.606 2,606 2 0 0 2 0 0
6 E x p e n d i t u r e o n C h a r i t a b l e a c t i v i t i e s
(a) Charitable activities
M a i n t e n a n c e o f C h u b b s H o u s e 40,106 40,106 44,298 44,298
( c ) P a i d e m p l o y e e s
Gross wages &salaries 20,003 20,003 28,384 28,384
Pension contributions 3 7 6 3 7 6 3 9 2 3 9 2
20,379 20,379 28,776 28,776
Total Charitable activities 60,486 60,486 73,074 73,074
N o N o
Average number of Employees in year 1 2
There were no employees receiving benefts.

For the Year Ended 31 December 2020, continued D e s i g n a t e d Designated
C y c l i c a l E x t r a o r d i n a r y Cyclical Extraordinary
E n d o w m e n t G e n e r a l M a i n t R e p a i r T o t a l E n d o w m e n t G e n e r a l M a i n ! R e p a i r T o t a l
F u n d F u n d s F u n d F u n d 2 0 2 0 F u n d F u n d s F u n d F u n d 2 0 1 9
£ £ £ £ £ £ £ £ £ £
7 E x p e n d i t u r e o n G o v e r n a n c e C o s t s
C l e r k s f e e s 14,791 14,791 13,203 13,203
I n d e p e n d e n t e x a m i n e r s f e e 5 0 0 5 0 0 1 6 0 1 6 0
Legal &professional fees 4 5 6 4 5 6 5,762 5,762
I n s u r a n c e 3 2 0 3 2 0 4 3 0 4 3 0
A d v e r t i s i n g i 0 8 1 0 8
Computer and IT expenses 2 0 7 2 0 7
Sundry expenses 5 0 5 0 5 0 5 0
Bank charges 1 2 6 1 2 6 1 3 0 1 3 0
1 6 , 5 5 8 1 6 , 5 5 8 19,735 19,735
8 Ta n g i b l e F i x e d A s s e t s
F r e e h o l d
L a n d		 Building Furniture &
& A l m s h o u s e s D e v e l o p m e n t E q u i p m e n t T o t a l
£ £ £ £
C o s t
A t 1 J a n u a r y 2 0 2 0 163,354 686,265 1,389 851,008
A d d i t i o n s 450,908 450,908
At 31 December 2020 ]63,354 1,137,173 1,389 1,301,916
At 31 December 2019 163,354 686,265 1,389 851,008
2 0 2 0 2 0 1 9
9 I n v e s t m e n t s £ £
Q u o t e d
I n v e s t m e n t s
Historical cost brought/carried forward
Unrealised gains on revaluation:
unrealised gains at 31 December 2019 b/t 1 3 11
m o v e m e n t i n y e a r (13) 2
Unrealised gains at 31 December 2020 c/f 1 3
Market value at 31 December 2020 1 3

For the Year Ended 31 December 2020, continued Ended 31 December 2020, continued 2 0 2 0 2 0 1 9
£ £
1 0 D e b t o r s
T r a d e
d e b t o r s		 3,385
P r e p a y m e n t s 2,757 1,224
O t h e r
d e b t o r s		 4 8 9
6,632 1,224
1 1 C u r r e n t a s s e t i n v e s t m e n t
Q u o t e d
I n v e s t m e n t s
Historical cost brought forward 56,016 5 6 , 0 1 6
Disposals at cost (261,862)
Realised gain on disposal 2 0 5 , 8 4 6
Historical cost carried forward 5 6 , 0 ) 6
Unrealised gains on revaluation:
unrealised gains at 31 December 2019 b/t 198,035 152,829
movement in year (198,035) 4 5 , 2 0 6
Unrealised gains at 31 December 2020 c/f 198,035
M a r k e t v a l u e a t 3 1 D e c e m b e r 2 0 2 0 254,051
1 2 L i a b i l i t i e s
Creditors -amounts falling due within one year
Trade creditors 16,840 3 3 0
A c c r u a l s 6,199 5,985
O t h e r c r e d i t o r s
2 3 , 0 3 9 6,315
1 3 E n d o w m e n t
f u n d
B a l a n c e
a t
3 1
D e c e m b e r		 2 0 1 9 300,013 300.011
Net movement in funds (13) 2
B a l a n c e
a t
3 1
D e c e m b e r		 2 0 2 0 300,000 300,013
1 4 U n r e s t r i c t e d
- G e n e r a l
f u n d
Balance at 31 December 2019 454,458 241.582
N e t
m o v e m e n t
i n
f u n d s		 131,144 212.876
Balance at 31 December 2020 585,602 454.458

B a l a n c e T r a n s f e r f r o m I n c o m e / P a i d i n B a l a n c e B a l a n c e T r a n s f e r f r o m I n c o m e / P a i d i n B a l a n c e
3 1 / 1 2 / 1 9 G e n e r a l
F u n d		 P r o f t s Y e a r 3 1 / 1 2 / 2 0 3 1 / 1 2 / 1 8 G e n e r a l
F u n d		 P r o f t s Y e a r 3 1 / 1 2 / 1 9
£ £ £ £ £ f £ £ £ £
C y c l i c a l m a i n t e n a n c e f u n d 1 2 1 , 2 8 0 15,540 136,820 105,322 15,540 4 1 8 121,280
Extra-ordinary repair fund 429,748 9,500 7,811 447,059 375,042 9,500 45,206 429.748
551,028 25,040 7,811 583,879 480.364 25,040 45,624 551,028
Analysis of Net assets by Fund
E x t r a E x t r a
C y c l i c a l O r d i n a r y Cyclical O r d i n a r y
E n d o w m e n t U n r e s t r i c t e d M a i n t e n a n c e R e p a i r F u n d s E n d o w m e n t U n r e s t r i c t e d M a i n t e n a n c e R e p a i r F u n d s
F u n d f u n d F u n d F u n d 2 0 2 0 F u n d f u n d F u n d F u n d 2 0 1 9
£ £ £ £ £ £ £ £ £ £
Tangible fxed assets 300,000 418,037 136,820 447,059 1 , 3 0 1 9 1 6 112,822 51,921 164,743
I n v e s t m e n t s 13 254.051 254,064
Other current assets 190,604 190.604 187,178 408.852 121.280 175.697 893,007
300.000 608,641 136.820 447,059 1,492.520 300,013 460,773 121.280 429.748 1.311,814
Current liabilities (23,039) (23.039) (6,315) (6,315)
300,000 585,602 136,820 447,059 1,469,481 300,013 454,458 121.280 429.748 1.305,499

2 0 2 0 2 0 1 9
£ £
a ) Analysis of 'Resources expended -charitable activities'
i) General funds
S t a f f c o s t s 20,379 28,776
R a t e s
& w a t e r		 3 , 5 2 8 3 , 7 8 7
Electricity 14,087 7,933
G a s 5,591 6,545
I n s u r a n c e 3 , 3 2 0 2,279
Cleaning 3 8 0 3 8 0
Repairs to property 11,693 2 1 . 5 5 0
Gardening 4 5 2 1 8 6
Te l e p h o n e 7 8 1 8 9 6
Sundry expenses 2 7 4 7 4 2
60,486 73,074
b ) C a s h
a t
b a n k
COIF deposit re cyclical maintenance fund 74,059 73.865
C u r r e n t a c c o u n t 109,913 131,654
183,972 205.519