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|||Pages|
|---|---|---|
|Trustees'<br>annual<br>report||1to5|
|Independent<br>auditor's|report to the members|6to 8|
|Statement offinancial|activities||
|Statement offinancial|position|10|
|Notes to the financial|statements|11to 23|





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|||||2020|2020||2019|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|||
||||funds|funds|funds|Total funds|Total funds|
|||Note|6|6|6|6|6|
|Income and endowments||||||||
|Investment<br>income||4|301,263|||301,263|314,180|
|Other income||5|2,630|||2,630|7,220|
|Total income|||303,893|||303,893|321,400|
|Expenditure||||||||
|Expenditure<br>on|raising funds:|||||||
|Costs of raising||||||||
|donations|and|||||||
|legacies||6|9,573|||9,573|8,793|
|Expenditure<br>on||||||||
|charitable<br>activities||7,8|205,426|||205,426|195,922|
|Total expenditure|||214,999|||214,999|204,715|
|Net gairis on||||||||
|investments||||(6,470)|(47,528)|(53,998)|(83,986)|
|Net income|||88,894|6,470|47,528|142,892|200,671|
|Transfers<br>between funds|||(8,180)|4,031|4,149|||
|Net movement|in funds||80,714|10,501|51,677|142,892|200,671|
|Reconciliation|offunds|||||||
|Total funds<br>brought forward|||442,213|90,374|6,858,842|7,391,429|7,190,758|
|Total funds carried forward|||522,927|100,875|6,910,519|7,534,321|7,391,429|





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||||Note|2020<br>6||2019<br>f|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible fixed assets|||16||606,234|611,830|
|Heritage assets|||17||158,991|158,991|
|Investments|||18||6,473,002|6,410,825|
||||||7,238,227|7,181,646|
|Current assets|||||||
|Debtors|||19|4,486||4,951|
|Investments|||20|122||122|
|Cash at bank and in|hand|||300,967||214,191|
|||||305,575||219,264|
|Creditors: amounts|falling|due within one year|21|9,481||9,481|
|Net current assets|||||296,094|209,783|
|Total assets less current||liabilities|||7,534,321|7,391,429|
|Funds ofthe charity|||||||
|Endowment<br>funds|||||6,910,519|6,858,842|
|Restricted funds|||||100,875|90,374|
|Unrestricted<br>funds|||||522,927|442,213|
|Total charity funds|||22||'7,534,321|7,391,429|





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|4.|Investment|i|ncome|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Total Funds|Unrestricted|Total Funds|
|||||||Funds|2020|Funds|2019|
|||||||5|6||E|
||Income from||investment|properties||271,352|271,352|284,857|284,857|
||Income from||CCLA investments|||29,911|29,911|29,323|29,323|
|||||||301,263|301,263|314,180|314,180|
|5.|Other income|||||||||
||||||Unrestricted||Total Funds|Unrestricted|Total Funds|
|||||||Funds|2020<br>R|Funds|2019<br>f|
||Other income||from charitable||activities|2,830|2,630|7,220|7,220|
|6.|Costs ofraising donations||||and legacies|||||
||||||Unrestricted||Total Funds|Unrestricted|Total Funds|
|||||||Funds<br>F|2020<br>6|Funds|2019<br>f|
||Investment|management||costs||9,573|9,573|8,793|8,793|
|7.|Expenditure||on charitable||activities by|fund type||||
||||||Unrestricted||Total Funds|Unrestricted|Total Funds|
|||||||Funds|2020|Funds|2019|
|||||||||8||
||Townlands|||||158,577|158,577|149,105|149,105|
||Almshouses|||||26,773|26,773|28,522|28,522|
||Supportcosts|||||20,078|20,076|18,295|18,295|
|||||||205,426|205,426|195,922|195,922|



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|||Activities||||||
|---|---|---|---|---|---|---|---|
|||undertaken|Grant|funding||Total funds|Total fund|
|||directly|of|activities|Support costs|2020|2019|
|||||F|r.|||
|Townlands||79,304||79,273|11,120|169,697|159,676|
|Almshouses||26,773|||3,754|30,527|31,956|
|Governance|costs||||5,202|5,202|4,290|
|||106,077||79,273|20,078|205,426|195,922|





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||||||Townslands|Almshouses|Total 2020<br>f|Total 2019<br>f|
|---|---|---|---|---|---|---|---|---|
||General office||||3,339|922|4,261|3,813|
||Finance costs||||59||59|62|
||Other establishment||||1,266||1,266|648|
||Other costs||||3,069||3,069|4,306|
||Legal and professional||fees||3,387||3,387|2,650|
||Insurance|||||2,832|2,832|2,526|
||||||11,120|3,754|14,874|14,005|
|10.|Analysis ofgrants||||||||
||||||||2020<br>f|2019<br>f|
||Grants to institutions||||||||
||Grants to institutions||||||56,225|46,680|
||Total grants||||||56,225|46,680|
|11.|Net gains on|investments|||||||
|||||||Restricted|Endowment|Total Funds|
|||||||Funds<br>f|Funds<br>f|2020|
||Gains/(losses)|on investment||assets||6,470|47,528|53,998|
|||||||Restricted|Endowment|Total Funds|
|||||||Funds<br>F|Funds<br>f|2019|
||Gains/(losses)|on investment||assets||8,470|75,516|83,986|
|12.|Net income||||||||
||Net income<br>is|stated after charging/(crediting):|||||||
||||||||2020<br>f|2019<br>f|
||Oepreciation<br>oftangible||fixed|assets|||5,596|5,596|
|13.|Auditors<br>remuneration||||||||
||||||||2020<br>f|2019|
||Fees payable|for the audit of||the financial|statements||2,601|2,145|





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|Staff costs|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|The total staff|costs|and employee||benefits for||the reporting|period are|analysed<br>as follows:|||
|||||||||2020|2019||
||||||||||K||
|Wages and salaries||||||||55,453|54,267||
|The average|head|count of employees|||during|the year was 4 (2019:4).The average|||number|of|
|full-time<br>equivalent||employees|during||the year|is analysed|as follows:||||
|||||||||2020|2019||
|||||||||No.|No.||
|Number of staff||||||||4||4|
|No employee|received employee|||benefits of more than 260,000 during||||the year (2019:|Nil),||



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|Tangible fixed assets||||
|---|---|---|---|
||Land and|||
||buildings|Equipment|Total|
||E|||
|Cost||||
|At 1 October 2019and 30September 2020|639,810|25,339|665,149|
|Depreciation||||
|At 1 October 2019|27,980|25,339|53,319|
|Charge for the year|5,596||5,596|
|At 30September 2020|33,576|25,339|58,915|
|Carrying<br>amount||||
|At 30September 2020|606,234||606,234|
|At 30September 2019|611,830||611,830|





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||Paintings|
|---|---|
|Cost or valuation||
|At 1 October 2019and 30September 2020|158,991|
|Accumulated<br>depreciation||
|At 1 October 2019and 30September 2020||
|Carrying<br>amount||
|At 30September<br>2020|158,991|
|At 30September 2019|158,991|



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|Investments|||||
|---|---|---|---|---|
|||Investment|Other||
|||properties|investments|Total|
||||5||
|Cost or valuation|||||
|At 1 October 2019||5,156,882|1,253,943|6,410,825|
|Additions||4,179|4,000|8,179|
|Fair value movements|||53,998|53,998|
|At 30September|2020|5,161,061|1,311,941|6,473,002|
|Impairment<br>At 1 October 2019and 30September 2020|||||
|Carrying<br>amount|||||
|At 30September|2020|5,161,061|1,311,941|6,473,002|
|At 30September 2019||5,156,882|1,253,943|6,410,825|





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|19.|investments<br>cannot <br> Debtors|be provided.|||
|---|---|---|---|---|
||||2020|2019|
||||8|r|
||Other debtors||4,486|4,951|
|20.|Investments||||
||||2020<br>f|2019<br>L'|
||CCLA Investments||122|122|
|21.|Creditors: amounts|falling due within one year|||
||||2020|2019|
||||8|E|
||Other creditors||9,481|9,481|





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|Analysis of|charita|bl|e<br>funds|||||||
|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|funds|||||||||
||||At||||Gains and||At|
|||1|Oct 2019<br>f|Income|Expenditure<br>F|Transfers<br>8|losses <br>f|)0Sep 2020<br>6||
|Fixed Assets|fund||251,831||(5,596)|(1)|||246,234|
|General<br>Funds|||190,382|303,893|(209,403)|(8,179)|||276,693|
||||442,213|303,893|(214,999)|(8,180)|||522,927|
||||At||||Gains and||At|
|||1 Oct 2018<br>f||Income<br>f|Expenditure<br>6|Transfers<br>8|losses<br>F|30Sep 2019<br>5||
|Fixed Assets|fund||257,427||(5,596)||||251,831|
|General<br>Funds|||83,675|321,400|(199,119)|(15,574)|||190,382|
||||341,102|321,400|(204,715)|(15,574)|||442,213|
|Restricted funds|||||||||'|
||||At||||Gains and||At|
|||1 Oct 2019<br>8||Income<br>E|Expenditure|Transfers|losses <br>f|30Sep 2020<br>6||
|Almshouse-||||||||||
|Extraordinary||||||||||
|Repair Fund|||90,374|||4,031|6,470||100,875|
||||At||||Gains and||At|
|||1 Oct 2018<br>E||Income<br>6|Expenditure|Transfers<br>f|losses <br>E|30Sep 2019<br>8||
|Almshouse-||||||||||
|Extraordinary||||||||||
|Repair Fund|||77,904|||4,000|8,470||90,374|





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|22.|Analysis ofcharitable funds|Analysis ofcharitable funds|(cont|nuns)|||||
|---|---|---|---|---|---|---|---|---|
||Endowment<br>funds||||||||
|||At|||||Gains and|At|
|||1 Oct 2019||Income|Expenditure|Transfers|losses 30Sep 2020||
||||||F|6|E||
||Town Lands-||||||||
||Endowed||||||||
||Investment<br>Fund|5,241,225||||(19,005)|42,551|5,264,771|
||Town Lands-||||||||
||Endowed<br>Historic||||||||
||Property<br>Fund|158,990||||||158,991|
||Almshouses-||||||||
||Investment<br>Fund|108,829||||20,100|4,977|133,906|
||Almshouses-||||||||
||Investment||||||||
||Property<br>Fund|989,802||||3,049||992,851|
||Almshouses-||||||||
||Property<br>Fund|359,996||||||360,000|
|||6;858,842||||4,149|47,528|6,910,519|
|||At|||||Gains and|' At|
|||1 Oct 2018||Income|Expenditure|Transfers|losses 30Sep 2019||
|||6|||6|5|F||
||Town Lands-||||||||
||Endowed||||||||
||Investment<br>Fund|5,165,641||||8,172|67,412|5,241,225|
||Town Lands-||||||||
||Endowed<br>Historic||||||||
||Property<br>Fund|158,990||||||158,990|
||Almshouses-||||||||
||Investment<br>Fund|100,725|||||8,104|108,829|
||Almshouses-||||||||
||Investment||||||||
||Property<br>Fund|986,400||||3,402||989,802|
||Almshouses-||||||||
||Property<br>Fund|359,996||||||359,996|
|||6,771,752||||11,574|75,516|6,858,842|





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|Analysis of net assets betwee|n funds||||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total Funds|
||Funds|Funds|Funds|2020|
||6|6|E|6|
|Tangible fixed assets|246,234||360,000|606,234|
|Heritage assets|||158,991|158,991|
|Investments||100,875|6,372,126|6,473,001|
|Current assets|276,693||19,402|296,095|
|Net assets|522,927|100,875|6,910,519|7,534,321|
||Unrestricted|Restricted|Endowment|Total Funds|
||Funds|Funds<br>F|Funds|2019<br>f|
|Tangible fixed assets|251,831||359,996|611,827|
|Heritage assets|||158,991|158,991|
|Investments||90,374|6,320,659|6,411,033|
|Current assets|190,382||19,196|209,578|
|Net assets|442,213|90,374|6,858,842|7,391,429|



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