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|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|





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|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<br>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<br>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<br>9|





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||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|






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|||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.|||||||||||





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|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|<br>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<br>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|||||||





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|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<br>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<br>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<br>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<br>f u n d|||||
||B a l|a n c e<br>a t<br>3 1<br>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<br>a t<br>3 1<br>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<br>- G e n e r a l<br>f u n d||||
||Balance at 31 December||2019|454,458|241.582|
||N e t|<br>m o v e m e n t<br>i n<br>f u n d s||131,144|212.876|
||Balance at 31 December||2020|585,602|454.458|





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||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<br>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<br>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|



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|||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<br>& 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<br>a t<br>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|