|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<br>t h e<br>Y e a r<br>E n d e d<br>3 1<br>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<br>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<br>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<br>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<br>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<br>2 2 a|||39,277||||39,277||60,486|||60,486|
||||||||N o|||||N<br>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<br>G e n e r a l|<br>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<br>a t<br>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|