2022-12-31-accounts - Glympton Almshouses

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			Unrestricted Funds	~Ex endable Endowment Fund	Total 2022	Total 2021
		Notes
Income
Income from:
Charitable Activities			30,581		30,581	25,581
Investment Income			4,254	21	4,274	3,339
Total Income			34834	21	34855	28920
~Ex enditu e:
Charitable Activities			33,297	21	33,318	28,597
Governance costs			739		739	684
Total Expenditure			34,036	21	34,057	29,281
Net income before other recognised	gains	12	798	0	798	(361)
Unrealised surplus /(deficit) on Investments		8k 11	(3,274)	(58)	(3,332)	9,797
Net movement in funds			(2,476)	(58)	(2,533)	9,436
Total funds brought forward			146,713	1,856	148,569	139,133
Total funds carried forward			144 37	1,798	146,036	148,569

AS AT31DECEMBER		2022
				Unrestricted Funds	~E* endable Endowment Fund	2022 Total	2021 Total
			Notes
FIXEDASSETS
Tangible Fixed Assets				12,962		12,962	13,418
Investments				114,345	1,798	116,143	113,491
				127,307	1,798	129,105	126,909
CURRENT ASSETS
Debtors				1,288		1,288	1,406
Cash at bank and in hand				25,001		25,001	28,161
				26,289		26,289	29,567
CREDITORS: due within one		year	10	(1,375)		(1,375)	(3,764)
NET CURRENT ASSETS				24,914		24,914	25,803
TOTAL ASSETSLESSCURRENT LIABILITIES				152,221	1,798	154,019	152„712
CREDITORS: falling due after		one year	10				(4,143)
NET ASSETS				152,221	1,798	154,019	148,569
FUNDS OFTHE CHARITY
Investment Revaluation	Reserve		11	27,450	680	28,129	31,460
Designated Maintenance		Reserve	12	94,811		94,811	90,836
Income &Expenditure	Account		12	12,678		12,678	25,155
Expendable Endowment		Reserve	12		1,118	1,118	1,118
TOTAL FUNDS				134,939	1,798	136,736	148,569

									Total		Total
									2022		2021
	Investment income
	Interest receivable									21	51
	Dividends from Income Shares (Note 8)									71	67
	Accumulated	Dividends		(Note S)					4,184		3,221
									4,275		3,339
	Income from	charitable			activities
	Maintenance	contributions			from residents				30,580		25,536
	Guest room rental										45
									30,580		25,581
4	Analysis ofexpenditure				on charitable		activities
									Total		Total
									2022		2021
	Maintenance								21,773		17,904
	Council Tax										60
	Cleaning &Gardening									132	597
	Insurance								1,146		1,143
	Heating Oil								7,959		4,503
	Heating &Water Rebate								(1,292)		1,292
	Electricity									595	545
	Water &Sewerage								1,210		1,054
	Personal Alarm and Fire				Equip.					629	439
	Pest Control										84
	Telephone									177	171
	Depreciation									456	456
	Gifts to Residents									205
	Bank charges									55
	Loan Interest									273	349
									33,318		28,597
5	Analysis ofexpenditure				on Governance			costs
									Total		Total
									2022		2021
	NAA subscription									146	142
	Independent	Housing	Ombudsman			subs.				18	17
	Independent	Examination			Fee					575	525
										739	684

Trustees expenses and emoluments and staff
	Total	Total
	2022	2021
Number oftrustees who were paid expenses
Nature ofthe expenses reimbursed	N/A	N/A
Total amount ofexpenses reimbursed	N/A	N/A

			~Housi
		H~tousto F~ro erties	~Fro ertie
			s
		2022	2021
Cost:
At 1 January	and 31December	107,573	107,573
Social Housing Grant:
At 1 January	and 31 December	84,769	84,769
Cost less Social Housing Grant:		22,804	22,804
Depreciation:
At 1 January		(8,930)	(8,474)
Charge for the year		456	456
At 31 December		9,386)	(8,930)
Net BookValue at 31December		13,418	13,874

			NAACIF	NAACIF	Total	Total
			Income	Accumulation	2022	2021
			Shares	Shares		f.
Market value:
As at 1 January			1,856	111,635	113,491	98,674
Additions				1,800	1,800	1,800
Accumulated	income			4,184	4,184	3,221
Revaluation	adjustment		58	3,274	3,332	9,796
At 31December			1,798	114,345	116,143	113,491
Investments	comprise the following:				Total	Total
					2022	2021
1,083Accumulation		Shares inNAACIF	(2021—1,066)		114,345	111,635
2,036Income Shares		inNAACIF (2021—2,036)			1,798	1,856
					116,143	113,491

		Total		Total
		2022		2021
Amounts falling due within	one year
Loan (secured)				956
Other creditors and accruals			1,407	2,809
			1,407	3,765
Amounts falling due after	more than one year
Loan (secured)				4,143

				Unrestricted Funds	E~endabte Endowment Fund	Total 2022	Total 2022	Total 2021
At I January				30,722	739		31,461	21,663
Revaluation	adjustment		this year	(3,274)	(58)		(3,332)	9,798
At 31December				27,448	681		28,129	31„461
Other Reserves
				~Ded naiad Maintenance Reserve	lexeme & ~Ex endit e Account	E~xendabte Ends e t Fund		Total 2022	Total 2021
At I January				90,836	25,155		1,118	117,109	117,470
Surplus/(deficit)		this year		(9,300)	798			(8,502)	(361)
				81,536	25,953		1,118	108,607	117,109
Transfers in	the	year		13,275	(13,275)
At 31December				94,811	12,678		1,118	108,607	117,109