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2021-12-31-accounts

I n d e x
Page No.
Trustees' annual report 1 - 2
Independent examiners' report 3
Statement of fnancial activities (SOFA) 4
Balance sheet
5
Accounting policies and notes to the fnancial statements 6 - 1 2
Supplementary information 1 2

Mr Anthony Thomas Morgan (Chairman) Appointed by Trustees
Mr Roger Haydn Booth Appointed by Trustees
M r C o l i n H o w e s Appointed by Trustees
Patricia Lever (appointed 1August 2021) Appointed by Trustees
Mr Timothy Cook Appointed by Shaftesbury Town Council
Mr John Mitchell (resigned 1January 2021) Appointed by Parish of Melbury &Cann

Shaftesbury Municipal Almshouse Charity 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 To t a l
F o r
t h e
Y e a r
E n d e d
3 1
D e c e m b e r		 2 0 2 1 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 E n d o w m e n t G e n e r a l M a i n t Repair 2 0 2 0
N o t e F u n d F u n d s F u n d F u n d 2021 F u n d F u n d s F u n d F u n d (as restated)
£ £ £ £ £ £ £ £ £ £
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 3 140,569 140,569 197,640 197.640
I n v e s t m e n t i n c o m e 4 3 , 5 3 3 3 , 5 3 3 2 , 5 3 3 2 , 5 3 3
Other incoming resources 5 2 3 , 2 2 0 2 3 , 2 2 0 2 , 6 0 6 2 , 6 0 6
Total incoming resources 167,322 1 6 7 , 3 2 2 2 0 2 , 7 7 9 2 0 2 , 7 7 9
Expenditure on:
C h a r i t a b l e a c t i v i t i e s 6 3 9 , 2 7 7 3 9 , 2 7 7 6 0 , 4 8 6 6 0 , 4 8 6
G o v e r n a n c e c o s t s 7 6 , 9 9 9 6 , 9 9 9 16,558 16,558
Total resources expended 4 6 , 2 7 6 4 6 , 2 7 6 7 7 , 0 4 4 7 7 , 0 4 4
Net incoming/outgoing resources before transfers 121,046 121,046 125,735 125,735
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 6 (25,040) 1 5 , 5 4 0 9 , 5 0 0 (25,040) 1 5 , 5 4 0 9 , 5 0 0
Net incoming resources before other
recognised gains and losses 9 6 , 0 0 6 1 5 , 5 4 0 9 , 5 0 0 121,046 100,695 1 5 , 5 4 0 9 , 5 0 0 125,735
Other recognised gains
Realised gain on investments 8, 9 2 0 5 , 8 4 6 2 0 5 , 8 4 6
Unrealised gain/loss(-) on investments 8, 9 (13) (198,035) (198,048)
N e t m o v e m e n t i n f u n d s 96,006 1 5 , 5 4 0 9 , 5 0 0 121,046 (13) 100,695 1 5 , 5 4 0 17,311 133,533
R e c o n c i l i a t i o n o f f u n d s
Total tunds brought forward (as previously stated) 300,000 585,602
136,820		 4 4 7 , 0 5 9 1,469,481 300,013 454,458 1 2 1 , 2 8 0 4 2 9 , 7 4 8 1,305,499
Prior year adjustments 1 0 (30,449) (30,449)
Total funds brought forward (as restated) 300,000 555,153
136,820		 4 4 7 , 0 5 9 1 , 4 3 9 , 0 3 2
To t a l f u n d s c a r r i e d f o n w a r d 300,000 651,159
152,360		 4 5 6 , 5 5 9 1 , 5 6 0 , 0 7 8 300,000 555,153 1 3 6 , 8 2 0 4 4 7 , 0 5 9 1,439,032

For the Year Ended 31 December 2021 2 0 2 0
N o t e 2021 (as restated)
£ £
F i x e d A s s e t s
Tangible fxed assets 11 1,305,191 1,301,916
Total Fixed Assets 1,305,191 1,301,916
C u r r e n t A s s e t s
D e b t o r s 1 2 5 , 8 2 5 6,632
C a s h a t B a n k 2 2 b 2 9 0 , 6 8 8 183,972
Total Current Assets 2 9 6 , 5 1 3 190,604
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 1 3 10,388 2 4 , 8 7 7
Net Current Assets 2 8 6 , 1 2 5 165,728
Total Assets less Current Liabilities 1,591,316 J,467,644
Liabilities
C r e d i t o r s
Amounts falling due after one year 1 3 31,238 28,612
31,238 28,612
Total net assets 1,560,078 1,439,032
Funds of the Charily
E n d o w m e n t s 1 4 3 0 0 , 0 0 0 3 0 0 , 0 0 0
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 I
S		 6 5 1 , 1 5 9 5 5 5 , 1 5 3
Designated funds 16
Cyclical Maintenance Fund 152,360 136,820
Extraordinary Repair Fund 4 5 6 , 5 5 9 4 4 7 , 0 5 9
Total Charity Funds 1,560,078 1,439,032

Designated Designated
Cyclical Extraordinary Cyclical Extraordinary r a t a l
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 ! Repair 2 0 2 0
F u n d F u n d s F u n d F u n d 2 0 2 1 F u n d F u n d s F u n d Fund (as restated)
£ £ £ £ £ £ £ £ £ £
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 a n s 102,314 102.314 75,221 75,221
Electricity 8 . 2 5 5 8 . 2 5 5 6 , 6 8 9 6 , 6 8 9
G r a n t s r e c e i v e d 30,000 3 0 , 0 0 0 60,000 6 0 , 0 0 0
Sale of Land 55,730 55,730
140,569 140.569 197,640 197.640
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 3 , 5 2 4 3,524 2 , 3 3 8 2 , 3 3 8
B a n k i n t e r e s t 9 9 194 194
3 , 5 3 3 3 , 5 3 3 2 , 5 3 3 2,533
5Income &endowments from Other incoming resources
Wayleaves 192 192 191 191
Levers Estates 2 0 0 2 0 0 ISO 150
D o n a t i o n s r e c e i v e d 22,800 2 2 . 8 0 0 2 . 2 6 6 2 , 2 6 6
O t h e r i n c o m e 2 8 2 8
23,220 2 3 , 2 2 0 2 , 6 0 6 2,606
6Expenditure on Charitable activities
(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 24,854 24,854 40,106 40,106
(c) Paid employees
Gross wages 8. salaries 14,267 14,267 20,003 20,003
P e n s i o n c o n t r i b u t i o n s 1 5 6 156 3 7 6 3 7 6
14,422 14,422 m 3 7 9 20,379
To t a l C h a r i t a b l e a c t i v i t i e s
2 2 a		 39,277 39,277 60,486 60,486
N o N
o
Average number of Employees in year 1 I
There were no employees receiving benefts.
Designated Designated
Cyclical Extraordinary Cyclicat Extraordinary
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 / M a i n t Repair To t a l
F u n d F u n d s F u n d F u n d 2021 F u n d F u n d s F u n d F u n d 2 0 2 0
£ £ £ £ £ £ £ £ £ £
7Expenditure on Governance Costs
Clerks fees 3,251 3,251 14,791 14,791
Independent examiners fee 1,000 1,000 5 0 0 5 0 0
Legal 8. professional fees 1,195 1,195 4 5 6 4 5 6
I n s u r a n c e 3 5 0 3 5 0 3 2 0 3 2 0
Advertising 1 6 0 160 108 108
Computer and IT expenses 6 2 6 6 2 6 2 0 7 2 0 7
Sundry expenses 2 3 23 5 0 50
Bank charges 3 9 5 3 9 5 126 126
6,999 6,999 16,558 16,558
2 0 2 1 2 0 2 0
8 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 revalualion:
unrealised gains at 31 December 2020 b/f 13
movement in year (13)
Unrealised gains at 31 December 2021 c/f
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 1
9 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 torward 56,016
Disposals at cost (261,862)
Realised gain on disposal 205,846
H i s t o r i c a l c o s t c a r r i e d f o r w a r d
Unrealised gains on revaluation:
unrealised gains at 31 December 2020 b/f 198,035
movement in year (198,035)
Unrealised gains at 31 December 2021 c/f
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 1

U n r e s t r i c t e d F u n d
Balance at 31 December 2020 (as previously stated) 5 8 5 , 6 0 2
Prior year adjustments:
A l m s h o u s e A s s o c i a t i o n L o a n (30,449)
Balance at 31 December 2020 (as restated) 5 5 5 , 1 5 3

F r e e h o l d L a n d B u i l d i n g F r e e h o l d L a n d B u i l d i n g Furniture &
&Almshouses Development Equipment To t a l
£ £ £ £
C o s t
At IJanuary 2021 163,354 1,137,173 1,389 1,301,916
A d d i t i o n s 1,505 1,770 3 , 2 7 5
A t 3 t D e c e m b e r 2 0 2 1 163,354 1,138,678 3 , 1 5 9 1,305,191
A t 3 1 D e c e m b e r 2 0 2 0 163,354 1,137,173 1,389 1,301,916
2 0 2 1 2 0 2 0
£ £
12 D e b t o r s
T r a d e d e b t o r s 7 0 5 3 , 3 8 5
Prepayments 4 , 7 7 2 2 , 7 5 7
O t h e r d e b t o r s 3 4 8 4 8 9
5 , 8 2 5 6 , 6 3 2
1 3 L i a b i l i t i e s
Creditors -amounts falling due within one year
Tr a d e c r e d i t o r s 5 8 16.840
A c c r u a l s 6 , 6 4 5 6 , 1 9 9
Loan (as restated) 3 , 6 7 5 1,838
O t h e r c r e d i t o r s 1 0
10,388 24,877
Creditors -amounts falling due after one year
Loan (as restated) 3 1 , 2 3 8 28,612
3 1 , 2 3 8 28,612
1 4 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 2 0 3 0 0 , 0 0 0 3 0 0 , 0 0 0
N e t m o v e m e n t i n f u n d s
B a l a n c e a t 3 1 D e c e m b e r 2 0 2 1 3 0 0 , 0 0 0 3 0 0 , 0 0 0

Balance at 31 December 2020 (as previously stated) 5 8 5 , 6 0 2 4 5 4 , 4 5 8
N e t m o v e m e n t i n f u n d s 131.144
Prior period adjustment (note 10) (30,449)
Balance at 31 December 2020 (as restated) 5 5 5 , 1 5 3 5 8 5 , 6 0 2
N e t m o v e m e n t i n f u n d s 96,006
B a l a n c e a t 3 1 D e c e m b e r 2 0 2 1 651,159 5 8 5 , 6 0 2

B a l a n c e Tr a n s f e r f r o m B a l a n c e Tr a n s f e r f r o m I n c o m e / Paid in 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 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 / 2 0 G e n e r a l F u n d Profts Y e a r 31/12/21 3 1 / 1 2 / 1 9
G e n e r a l
F u n d		 P r o f l s Y e a r 3 1 / 1 2 / 2 0
£ £ £ £ £ £ £ £ £ £
Cyclical maintenance fund 136,820 15,540 152,360 121,280 15,540 136,820
Extra-ordinary repair fund 447,059 9 , 5 0 0 4 5 6 , 5 5 9 4 2 9 , 7 4 8 9 , 5 0 0 7,811 4 4 7 . 0 5 9
583,879 2 5 , 0 4 0 6 0 8 , 9 1 9 5 5 1 , 0 2 8 25.040 7,811 5 8 3 , 8 7 9
Analysis of Net assets by Fund
E x t r a E x t r a
Cyclical Ordinary Cyclical Ordinary 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 Repair 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 Repair 2 0 2 0
F u n d f u n d F u n d F u n d 2 0 2 1 F u n d f u n d F u n d Fund (as restated/
£ £ £ £ £ £ £ £ £ £
Tangible fxed assets 3 0 0 , 0 0 0 3 9 6 , 2 7 2 152,360 4 5 6 , 5 5 9 1.305,191 3 0 0 , 0 0 0 4 1 8 , 0 3 7 136,820 4 4 7 . 0 5 9 1,301,916
Other current assets 2 9 6 , 5 1 3 2 9 6 . 5 1 3 190.604 190.604
3 0 0 , 0 0 0 6 9 2 , 7 8 5 152,360 4 5 6 . 5 5 9 1,601.704 3 0 0 , 0 0 0 608.641 136,820 4 4 7 , 0 5 9 1.492.520
Current liabilities 110.388! (10,3881 (24,877) (24,877)
N o n - c u r r e n t l i a b i l i t i e s (31.2381 (31,2381 (28,612) (28.612)
3 0 0 , 0 0 0 651,159 152,360 456,559 1 , 5 6 0 , 0 7 8 3 0 0 , 0 0 0 5 5 5 , 1 5 3 136,820 447.059 1 . 4 3 9 , 0 3 2

2 0 2 1 2 0 2 0
£ £
a) Analysis of 'Resources expended -charitable activities'
i) General funds
Staff costs 14,422 2 0 , 3 7 9
R a t e s & w a t e r 1,360 3 , 5 2 8
Electricity 10,988 U . 0 8 7
G a s 2 , 4 1 4 5,591
I n s u r a n c e 2 , 8 5 2 3 , 3 2 0
Cleaning 1 4 0 3 8 0
Repairs to property 6,146 11,693
Gardening 1 0 4 4 5 2
Telephone 6 9 2 7 8 1
Sundry expenses 159 2 7 4
39,277 6 0 , 4 8 6
b) C a s h
a t
b a n k
COIF deposit re cyclical maintenance fund 74,068 7 4 , 0 5 9
C u r r e n t a c c o u n t 216,601 109,913
Petty Cash 19
2 9 0 , 6 8 8 183,972