**SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY REGISTERED CHARITY NUMBER 202457** **ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** ## **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY REGISTERED CHARITY NUMBER 202457** ## **Index** ||Page No.| |---|---| |Trustees' annual report|1 - 2| |Independent examiners' report|3| |Statement of financial activities (SOFA)|4| |Balance sheet|5| |Accounting policies and notes to the financial statements|6 - 11| |Supplementary information|11| ## **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY REGISTERED CHARITY NUMBER 202457 Trustees Annual Report for the Year Ended 31 December 2022** ## **REFERENCE AND ADMINISTRATIVE DETAILS** Registered as a Charity in England & Wales. Previously known as “Shaftesbury Municipal Charities” or “Shaftesbury Charities.” ## **CHARITY REGISTERED NUMBER** 202457 ## **CHARITY’S PRINCIPAL ADDRESS** 33 Salisbury Street Shaftesbury Dorset SP7 8EL ## **GOVERNING DOCUMENT** The Charity is regulated by a scheme of the Charity Commissioners dated 29th July 1996. ## **TRUSTEES** Mr Anthony Thomas Morgan (Chairman) Appointed by Trustees Mr Roger Haydn Booth Appointed by Trustees Mr Colin Howes Appointed by Trustees Patricia Lever Appointed by Trustees Mr Timothy Cook Appointed by Shaftesbury Town Council Two representative Trustees are appointed by Shaftesbury Town Council, and one representative Trustee by the Parish of Melbury & Cann. New representative Trustees are appointed for a renewable period of four years. New co-opted Trustees are appointed by the Board of Trustees for a renewable period of five years. The Charity does not have any Custodian Trustees. ## **OBJECTS AND ACTIVITIES OF THE CHARITY** The object of the Charity is to provide accommodation for persons in need, who are resident in the Parishes of Shaftesbury, Cann, Motcombe, Stour Provost, Margaret Marsh, Fontmell Magna, Compton Abbas and Donhead St. Mary. The Charity maintains 21 warden-assisted single bedsit flats to enable them to meet this object. This activity benefits the public by allowing older persons in particular to remain independent for longer, whilst still being near to family and friends. As such, families are able to grow and the community stays stronger. ## **ACHIEVEMENTS AND PERFORMANCE** The Trustees policy is to ensure that the facilities of the Almshouse are upgraded, when the funds are available, to enable the residents to remain in occupation of their flats for as long as is feasible, whilst allowing them a measure of independence. The residents of the Almshouses make a weekly contribution towards the cost of maintaining the Almshouses, and essential services to them, which is partly subsidised by the Charity’s endowment income. The Charity is affiliated to the National Association of Almshouses. When flats become vacant new residents who meet the criteria of being of retirement age and from the local area, are able to apply to the trustees. The trustees have regard to the Charity Commissions guidance on public benefit. Page 1 ## **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY REGISTERED CHARITY NUMBER 202457 Trustees Annual Report for the Year Ended 31 December 2022** As part of our Strategic review and with guidance from The Almshouse Association we are now directly employing our own in-house Clerk Administrator who as part of their duties is to check on residents who are deemed to be vulnerable, in addition we have made available a sophisticated electronic communication system to each resident which activates to a 24/7 operated alarms receiving centre. As noted in the previous annual reports, the building and refurbishment is nearing final completion, with phases 1 and 2 completed. The Charity has sufficient funds to complete the final phase during 2023. ## **POLICIES** The level of reserves in the Cyclical Maintenance Fund and the Extraordinary Repair Fund are as recommended by the National Association of Almshouses. The level of these reserves are as stated in note 13 of the accounts. At the present time investments in respect of the Extraordinary Repair Fund etc are paid into the C.O.I.F. Charities Investment fund in accordance with an earlier scheme of the Commissioners of the 20th June 1967. ## **DECLARATION** I declare in my capacity of Charity Trustee, that: - the Trustees have approved the report above; and - authorised me to sign it on their behalf. Signed: Date: ….………...………….…………………………. Anthony Thomas Morgan, Trustee Date: 2023 Page 2 ## **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY REGISTERED CHARITY NUMBER 202457 Independent Examiners Report to the Trustees** I report to the trustees on my examination of the accounts of the above charity for the year ended 31 December 2022 set out on pages 4 to 11. ## **Responsibilities and basis of report** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the 2011 Act"). Having satisfied myself that the accounts of the charity are not required to be audited(under section 144(2) or the 2011 Act) and are eligible for an independent examination, I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act, and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe: - accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or - the accounts do not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Reporting Accountant R H Cooper FCA Mapwl House Sherborne Dorset DT9 4BJ Signed: Date: 2023 Page 3 |**SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY**
**Statement of Financial Activities**
**For the Year Ended 31 December 2022**
**Note**
Charitable activities
**3**
Investment income
**4**
Other incoming resources
**5**
**Total incoming resources**
**Expenditure on:**
Charitable activities
**6**
Governance costs
**7**
**Total resources expended**
**Net incoming/outgoing resources before transfers**
**Transfers**
**Gross transfers between funds**
**13**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
**Income & endowments from:**
**Net movement in funds**|**Cyclical Extraordinary**
**_Cyclical Extraordinary_**
**Endowment**
**General**
**Maint**
**Repair**
**Total****_Endowment_**
**_General_**
**_Maint_**
**_Repair_**
**_Total_**
**Fund**
**Funds**
**Fund**
**Fund**
**2022**
**_Fund_**
**_Funds_**
**_Fund_**
**_Fund_**
**2021**
**£**
**£**
**£**
**£**
**£**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
_-_
115,637
_-_
_-_
115,637
_-_
_140,569_
_-_
_-_
_140,569_
_-_
3,902
_-_
_-_
3,902
_-_
_3,533_
_-_
_-_
_3,533_
_-_
3,575
_-_
_-_
3,575
_-_
_23,220_
_-_
_-_
_23,220_
_-_
123,113
_-_
_-_
123,113
_-_
_167,322_
_-_
_-_
_167,322_
_-_
50,428
_-_
_-_
50,428
_-_
_39,277_
_-_
_-_
_39,277_
_-_
8,229
_-_
_-_
8,229
_-_
_6,999_
_-_
_-_
_6,999_
_-_
58,656
_-_
_-_
58,656
_-_
_46,276_
_-_
_-_
_46,276_
_-_
64,457
_-_
_-_
64,457
_-_
_121,046_
_-_
_-_
_121,046_
_-_
(25,040)
15,540
9,500
_-_
_-_
_(25,040)_
_15,540_
_9,500_
_-_
-
39,417
15,540
9,500
64,457
-
96,006
15,540
9,500
121,046
300,000
651,159
152,360
456,559
1,560,078
_300,000_
_555,153_
_136,820_
_447,059_
_1,439,032_
300,000
690,576
167,900
466,059
1,624,535
300,000
651,159
152,360
456,559
1,560,078
**Designated**
**_Designated_**|**Cyclical Extraordinary**
**_Cyclical Extraordinary_**
**Endowment**
**General**
**Maint**
**Repair**
**Total****_Endowment_**
**_General_**
**_Maint_**
**_Repair_**
**_Total_**
**Fund**
**Funds**
**Fund**
**Fund**
**2022**
**_Fund_**
**_Funds_**
**_Fund_**
**_Fund_**
**2021**
**£**
**£**
**£**
**£**
**£**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
_-_
115,637
_-_
_-_
115,637
_-_
_140,569_
_-_
_-_
_140,569_
_-_
3,902
_-_
_-_
3,902
_-_
_3,533_
_-_
_-_
_3,533_
_-_
3,575
_-_
_-_
3,575
_-_
_23,220_
_-_
_-_
_23,220_
_-_
123,113
_-_
_-_
123,113
_-_
_167,322_
_-_
_-_
_167,322_
_-_
50,428
_-_
_-_
50,428
_-_
_39,277_
_-_
_-_
_39,277_
_-_
8,229
_-_
_-_
8,229
_-_
_6,999_
_-_
_-_
_6,999_
_-_
58,656
_-_
_-_
58,656
_-_
_46,276_
_-_
_-_
_46,276_
_-_
64,457
_-_
_-_
64,457
_-_
_121,046_
_-_
_-_
_121,046_
_-_
(25,040)
15,540
9,500
_-_
_-_
_(25,040)_
_15,540_
_9,500_
_-_
-
39,417
15,540
9,500
64,457
-
96,006
15,540
9,500
121,046
300,000
651,159
152,360
456,559
1,560,078
_300,000_
_555,153_
_136,820_
_447,059_
_1,439,032_
300,000
690,576
167,900
466,059
1,624,535
300,000
651,159
152,360
456,559
1,560,078
**Designated**
**_Designated_**| |---|---|---| |||_-_
_167,322_
_-_
_-_
_167,322_| |||_-_
_39,277_
_-_
_-_
_39,277_
_-_
_6,999_
_-_
_-_
_6,999_| |||_-_
_46,276_
_-_
_-_
_46,276_| |||_-_
_121,046_
_-_
_-_
_121,046_
_-_
_(25,040)_
_15,540_
_9,500_
_-_| |||-
96,006
15,540
9,500
121,046
_300,000_
_555,153_
_136,820_
_447,059_
_1,439,032_| |||300,000
651,159
152,360
456,559
1,560,078| Page 4 ## **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY Balance Sheet** ## **For the Year Ended 31 December 2022** |**Note**
Tangible fixed assets
**8**
**Total Fixed Assets**
**Current Assets**
Debtors
**9**
Cash at Bank
**19b**
**Total Current Assets**
**Liabilities**
Creditors
Amounts falling due within one year
**10**
**Net Current Assets**
**Total Assets less Current Liabilities**
**Liabilities**
Creditors
Amounts falling due after one year
**10**
**Total net assets**
**Funds of the Charity**
**Endowments**
**11**
**Income Funds**
Unrestricted funds
**12**
Designated funds
**13**
Cyclical Maintenance Fund
Extraordinary Repair Fund
**Total Charity Funds**
**Fixed Assets**|**2022**
**£**
1,452,230
1,452,230
5,330
206,518
211,849
11,980
199,868
1,652,098
27,563
27,563
1,624,535
300,000
690,576
167,900
466,059
1,624,535|**2021**
**_£_**
_1,305,191_| |---|---|---| |||_1,305,191_| |||5,825
290,688| |||_296,513_
_10,388_| |||_286,124_| |||_1,591,316_| |||_31,238_| |||_31,238_| |||| |||1,560,078| |||_300,000_
_651,159_
_152,360_
_456,559_| |||_1,560,078_| Approved by the Board of Trustees on 2023 and signed on its behalf by: …............................................................ Anthony Thomas Morgan, Trustee The notes on pages 6 to 11 form part of these accounts. Page 5 **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY Notes to the Accounts For the Year Ended 31 December 2022** ## **1 Basis of preparation** These accounts have been prepared on the basis of historic cost in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (2015), with accounting standards, and with the Charities Act 2011. ## **2 Accounting policies** ## **INCOMING RESOURCES** ## Recognition of incoming resources Incoming resources are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources and any conditions for receipt are met; - the trustees are virtually certain they will receive the resources; and - the monetary value can be measured with sufficient reliability. ## Volunteer help The value of any voluntary help is not included in the accounts. ## **EXPENDITURE AND LIABILITIES** ## Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## Governance costs Governance costs include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. Also included are the administrative charges payable to the Charity's clerk. ## **ASSETS** ## Tangible fixed assets for use by charity These, with the exception of replacement furniture etc, are capitalised if they can be used for more than one year and cost at least £250. They are valued at cost or a reasonable value on receipt. The Charity does not have a policy of revaluation. Page 6 ## **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY Notes to the Accounts For the Year Ended 31 December 2022** |**Cyclical Extraordinary**
**Endowment**
**General**
**Maint**
**Repair**
**Total**
**Fund**
**Funds**
**Fund**
**Fund**
**2022**
**£**
**£**
**£**
**£**
**£**
**3**
**Income & endowments from Charitable activities**
Residents' maintenance contributions
_-_
_106,507_
_-_
_-_
_106,507_
Electricity
_-_
_9,130_
_-_
_-_
_9,130_
Grants received
_-_
_-_
_-_
_-_
_-_
_-_
_115,637_
_-_
_-_
_115,637_
**4**
**Income & endowments from Investment income**
Rent & rent charges for land
_-_
_3,179_
_-_
_-_
_3,179_
Bank interest
_-_
_723_
_-_
_-_
_723_
_-_
_3,902_
_-_
_-_
_3,902_
**5**
**Income & endowments from Other incoming resources**
Wayleaves
_-_
_183_
_-_
_-_
_183_
Levers Estates
_-_
_-_
_-_
_-_
_-_
Donations received
_-_
_-_
_-_
_-_
_-_
Other income
_-_
_3,392_
_-_
_-_
_3,392_
_-_
_3,575_
_-_
_-_
_3,575_
**6**
**Expenditure on Charitable activities**
**(a) Charitable activities**
Maintenance of Chubbs House
-
36,060
-
-
36,060
**(c) Paid employees**
Gross wages & salaries
-
_14,133_
-
-
14,133
Pension contributions
-
_235_
-
-
235
-
14,368
-
-
14,368
**Total Charitable activities**
**22a**
-
50,428
-
-
50,428
**No**
**Average number of Employees in year**
1
**Designated**|**Cyclical Extraordinary**
**Endowment**
**General**
**Maint**
**Repair**
**Total**
**Fund**
**Funds**
**Fund**
**Fund**
**2022**
**£**
**£**
**£**
**£**
**£**
**3**
**Income & endowments from Charitable activities**
Residents' maintenance contributions
_-_
_106,507_
_-_
_-_
_106,507_
Electricity
_-_
_9,130_
_-_
_-_
_9,130_
Grants received
_-_
_-_
_-_
_-_
_-_
_-_
_115,637_
_-_
_-_
_115,637_
**4**
**Income & endowments from Investment income**
Rent & rent charges for land
_-_
_3,179_
_-_
_-_
_3,179_
Bank interest
_-_
_723_
_-_
_-_
_723_
_-_
_3,902_
_-_
_-_
_3,902_
**5**
**Income & endowments from Other incoming resources**
Wayleaves
_-_
_183_
_-_
_-_
_183_
Levers Estates
_-_
_-_
_-_
_-_
_-_
Donations received
_-_
_-_
_-_
_-_
_-_
Other income
_-_
_3,392_
_-_
_-_
_3,392_
_-_
_3,575_
_-_
_-_
_3,575_
**6**
**Expenditure on Charitable activities**
**(a) Charitable activities**
Maintenance of Chubbs House
-
36,060
-
-
36,060
**(c) Paid employees**
Gross wages & salaries
-
_14,133_
-
-
14,133
Pension contributions
-
_235_
-
-
235
-
14,368
-
-
14,368
**Total Charitable activities**
**22a**
-
50,428
-
-
50,428
**No**
**Average number of Employees in year**
1
**Designated**|**Cyclical Extraordinary**
**Endowment**
**General**
**Maint**
**Repair**
**Total**
**Fund**
**Funds**
**Fund**
**Fund**
**2022**
**£**
**£**
**£**
**£**
**£**
**3**
**Income & endowments from Charitable activities**
Residents' maintenance contributions
_-_
_106,507_
_-_
_-_
_106,507_
Electricity
_-_
_9,130_
_-_
_-_
_9,130_
Grants received
_-_
_-_
_-_
_-_
_-_
_-_
_115,637_
_-_
_-_
_115,637_
**4**
**Income & endowments from Investment income**
Rent & rent charges for land
_-_
_3,179_
_-_
_-_
_3,179_
Bank interest
_-_
_723_
_-_
_-_
_723_
_-_
_3,902_
_-_
_-_
_3,902_
**5**
**Income & endowments from Other incoming resources**
Wayleaves
_-_
_183_
_-_
_-_
_183_
Levers Estates
_-_
_-_
_-_
_-_
_-_
Donations received
_-_
_-_
_-_
_-_
_-_
Other income
_-_
_3,392_
_-_
_-_
_3,392_
_-_
_3,575_
_-_
_-_
_3,575_
**6**
**Expenditure on Charitable activities**
**(a) Charitable activities**
Maintenance of Chubbs House
-
36,060
-
-
36,060
**(c) Paid employees**
Gross wages & salaries
-
_14,133_
-
-
14,133
Pension contributions
-
_235_
-
-
235
-
14,368
-
-
14,368
**Total Charitable activities**
**22a**
-
50,428
-
-
50,428
**No**
**Average number of Employees in year**
1
**Designated**|**_Cyclical Extraordinary_**
**_Endowment_**
**_General_**
**_Maint_**
**_Repair_**
**_Total_**
**_Fund_**
**_Funds_**
**_Fund_**
**_Fund_**
**2021**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
_-_
_102,314_
_-_
_-_
_102,314_
_-_
_8,255_
_-_
_-_
_8,255_
_-_
_30,000_
_-_
_-_
_30,000_
**_Designated_**|**_Cyclical Extraordinary_**
**_Endowment_**
**_General_**
**_Maint_**
**_Repair_**
**_Total_**
**_Fund_**
**_Funds_**
**_Fund_**
**_Fund_**
**2021**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
_-_
_102,314_
_-_
_-_
_102,314_
_-_
_8,255_
_-_
_-_
_8,255_
_-_
_30,000_
_-_
_-_
_30,000_
**_Designated_**| |---|---|---|---|---| ||_-_
_115,637_
_-_
_-_|
_115,637_|-
140,569
-
-|140,569| |||_3,179_
_723_|_-_
_3,524_
_-_
_-_
_-_
_9_
_-_
_-_|_3,524_
_9_| ||_-_
_3,902_
_-_
_-_|
_3,902_|-
3,533
-
-|3,533| |||_183_
_-_
_-_
_3,392_|_-_
_192_
_-_
_-_
_-_
_200_
_-_
_-_
_-_
_22,800_
_-_
_-_
_-_
_28_
_-_
_-_|_192_
_200_
_22,800_
_28_| ||_-_
_3,575_
_-_
_-_|
_3,575_|-
23,220
-
-|23,220| ||-
36,060
-
-|36,060|-
24,854
-
-|24,854| ||-
_14,133_
-
-
-
_235_
-
-|14,133

235|-
14,267
-
-
-
156
-
-|14,267

156| ||-
14,368
-
-|14,368|-
14,422
-
-|14,422| ||-
50,428
-
-|50,428|-
39,277
-
-|39,277| |||**No**
1||**_No_**
_1_| There were no employees receiving benefits. Page 7 ## **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY Notes to the Accounts For the Year Ended 31 December 2022** |**7**
**Expenditure on Governance Costs**
Accountancy fee
Independent examiners fee
Legal & professional fees
Insurance
Advertising
Computer and IT expenses
Sundry expenses
Bank charges|**Cyclical Extraordinary**
**Endowment**
**General**
**Maint**
**Repair**
**Total**
**Fund**
**Funds**
**Fund**
**Fund**
**2022**
**£**
**£**
**£**
**£**
**£**
-
_5,447_
-
-
5,447
-
500
-
-
500
-
_1,486_
-
-
1,486
-
_351_
-
-
351
-
_-_
-
-
-
-
_-_
-
-
-
-
_50_
-
-
50
-
_394_
-
-
394
**Designated**|**_Cyclical Extraordinary_**
**_Endowment_**
**_General_**
**_Maint_**
**_Repair_**
**_Total_**
**_Fund_**
**_Funds_**
**_Fund_**
**_Fund_**
**_2021_**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
-
3,251
-
-
3,251
-
1,000
-
-
1,000
-
1,195
-
-
1,195
-
350
-
-
350
-
160
-
-
160
-
626
-
-
626
-
23
-
-
23
-
395
-
-
395
-
6,999
-
-
6,999
**_Designated_**| |---|---|---| ||-
8,229
-
-
8,229|| ## **8 Tangible Fixed Assets** |**Cost**
At 1 January 2022
Additions
At 31 December 2022
At 31 December 2021|**Freehold Land**
**Building**
**Furniture &**
**& Almshouses**
**Development**
**Equipment**
**Total**
**£**
**£**
**£**
**£**
_163,354_
_1,138,678_
_3,159_
1,305,191
_-_
_147,038_
_-_
147,038| |---|---| ||163,354
1,285,717
3,159
1,452,230| ||163,354
1,138,678
3,159
1,305,191| At the end of the period, the charity had capital commitments contracted for but not provided in these financial statements in respect of Building Development totalling £19,421 (2021: £nil). |**9**
**Debtors**
Trade debtors
Prepayments
Other debtors|**2022**
**£**
_133_
_4,884_
_313_
5,330|**_2021_**
**_£_**
705
4,772
348| |---|---|---| |||_5,825_| Page 8 ## **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY Notes to the Accounts For the Year Ended 31 December 2022** ## **10 Liabilities** |**Creditors - amounts falling due within one year**
Trade creditors
Accruals
Loan
Wages
Other creditors
**Creditors - amounts falling due after one year**
Loan
**11**
**Endowment fund**
Balance at 31 December 2021
Net movement in funds
Balance at 31 December 2022
**12**
**Unrestricted - General fund**
Balance at 31 December 2021
Net movement in funds
Balance at 31 December 2022|3,852
3,349
3,675
1,094
10
11,981
27,563
27,563
300,000
-
300,000
651,159
39,417
690,576|_58_
_6,645_
_3,675_
_-_
_10_| |---|---|---| |||_10,388_| |||_31,238_| |||_31,238_| |||_300,000_
_-_| |||_300,000_| |||_555,153_
_96,006_| |||_651,159_| ## **13 Designated Funds** The income funds of the Charity include the following designated funds which have been set aside out of the unrestricted funds by the Trustees for specific purposes: |Cyclical maintenance fund
Extra-ordinary repair fund|**Balance**
**Transfer from**
**Income/**
**Paid in**
**Balance**
**31/12/2021**
**General Fund**
**Profits**
**Year**
**31/12/2022**
**£**
**£**
**£**
**£**
**£**
152,360
15,540
-
-
167,900
456,559
9,500
-
-
466,059|**_BalanceTransfer from_**
**_Income/_**
**_Paid in_**
**_Balance_**
**_31/12/20General Fund_**
**_Profits_**
**_Year_**
**31/12/2021**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
_136,820_
_15,540_
_-_
_-_
_152,360_
_447,059_
_9,500_
_-_
_-_
_456,559_| |---|---|---| ||608,919
25,040
-
-
633,959|_583,879_
_25,040_
_-_
_-_
_608,919_| ## **14 Analysis of Net assets by Fund** |**Analysis of Net assets by Fund**||| |---|---|---| |Tangible fixed assets
Other current assets
Current liabilities
Non-current liabilities|**Extra**
**Cyclical**
**Ordinary**
**Endowment**
**Unrestricted**
**Maintenance**
**Repair**
**Funds**
**Fund**
**fund**
**Fund**
**Fund**
**2022**
**£**
**£**
**£**
**£**
**£**
_300,000_
_518,271_
_167,900_
_466,059_
_1,452,230_
_-_
_211,849_
_-_
_-_
_211,849_|**_Extra_**
**_Cyclical_**
**_Ordinary_**
**_Endowment Unrestricted Maintenance_**
**_Repair_**
**_Funds_**
**_Fund_**
**_fund_**
**_Fund_**
**_Fund_**
**_2021_**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
_300,000_
_396,272_
_152,360_
_456,559_
_1,305,191_
_-_
_296,513_
_-_
_-_
_296,513_| ||_300,000_
_730,119_
_167,900_
_466,059_
_1,664,078_
_-_
_(11,981)_
_-_
_-_
_(11,981)_
_-_
_(27,563)_
_-_
_-_
_(27,563)_|_300,000_
_692,785_
_152,360_
_456,559_
_1,601,704_
_-_
_(10,388)_
_-_
_-_
_(10,388)_
_-_
_(31,238)_
_-_
_-_
_(31,238)_| ||300,000
690,576
167,900
466,059
1,624,535|_300,000_
_651,159_
_152,360_
_456,559_
_1,560,078_| Page 9 **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY Notes to the Accounts For the Year Ended 31 December 2022** ## **15 Trustees and other related parties** No expenses were paid to the Trustees in this or the previous year. ## **16 Other information** - The Charity had no commitments at the year end, except for those referenced in note 8. - The Charity has not given any guarantees to third parties that could be called on at the year end. - The Charity has not granted any loans to any institution or company connected to the Charity. - The Charity did not make any ex-gratia payments during the year. ## **17 Declarations:** ## **Adequacy of assets to meet fund restrictions** Sufficient reserves are held in an appropriate form to enable each fund to be applied in accordance with the restrictions imposed. ## **Branches** The financial activities, assets and liabilities of all the Charity’s branches or sections have been included. ## **Changes in year end** The Trustees have not changed the year end date nor the length of the Charities financial year. ## **Discontinued, continuing and acquired operations** All the Charity’s operations are continuing operations and there were no operations discontinued or acquired during the year. **Funds in deficit** No funds are in deficit at the balance sheet date. ## **Inalienable or historic events** The Charity had no assets at the balance sheet date classed as inalienable or historic. **Intangible assets** The Charity had no intangible assets. ## **Inter-fund loans** There were no inter-fund loans outstanding at the balance sheet date. ## **Revaluations** None of the Charity’s functional fixed assets have been re-valued during the year and the Charity does not have a policy of re-valuation. **Subsidiaries** The Charity has no subsidiary companies. ## **Un-capitalised fixed assets** The Charity has no material fixed assets which have not been capitalised. However, the freehold property including the site on which the almshouses are built have been Replacement furniture is treated as a revenue expense. ## **Transactions with Trustees** There were no transactions with trustees during the year, except those referred to in Note 21. ## **18 Related party transactions:** Businesses operated by Trustees with services provided under the standard terms and conditions of the company in question: ## **A T Morgan - Wessex Group Companies** Amounts invoiced during the year £53,420 (2021: £2,269) There were no other outstanding balances with related parties at the reporting date. Page 10 ## **SHAFTESBURY MUNICIPAL ALMSHOUSE CHARITY Notes to the Accounts For the Year Ended 31 December 2022** ## **19 Supplementary Information** |**19**
**Supplementary Information**|| |---|---| |**2022**
**£**
**a)**
**Analysis of 'Resources expended - charitable activities'**
**i) General funds**
Staff costs
14,368
Rates & water
3,122
Electricity
11,777
Gas
2,786
Insurance
2,814
Cleaning
1,605
Repairs to property
12,552
Gardening
91
Telephone
904
Sundry expenses
409
50,428
**b)**
**Cash at bank**
COIF deposit re cyclical maintenance fund
74,791
Current account
131,685
Petty Cash
42
206,518|**_2021_**
**_£_**
_14,422_
_1,360_
_10,988_
_2,414_
_2,852_
_140_
_6,146_
_104_
_692_
_159_| ||_39,277_| ||_74,068_
_216,601_
19| ||_290,688_| Page 11