2021-04-30-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to4
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	6to9
Statement ofFinancial	Activities	10
Balance Sheet
Cash Flow Statement		12
Notes to the Financial	Statements	13to 25

				Reference and Administrative	Reference and Administrative	Details
Nominative		Trustees		Ms V de Galleani
				Mr RSpringett
Publically		Nominated	Trustees	Mrs JCawley, Chair
				Mrs BFleet, Vice Chair
				Mr JH O'Keeffe
				Mr BFrench
				Mr M Tremlett
				Mr G Hardy
				Ms Lara Osgood
Principal	Office			First Floor
				3 The Quay
				Dartmouth
				Devon
				TQ6 9PS
Charity Registration			Number	203399
Solicitors				Foot Anstey LLP
				2 Glass Wharf
				Bristol
				BS2OFR
Bankers				National Westminster	Bank pic
				Paignton
				15Victoria St
				Paignton
				Devon
				TQ4 5DE
Auditor				Thompson Jenner LLP
				1 Colleton Crescent
				Exeter
				Devon
				EX24DG

Statement	ofFinancial	Activities fo	r the Year Ende	d 30April 202	1
					Total
			Unrestricted	Endowment	2021
		Note
Income and Endowments	from:
Donations and legacies			342,510		342,510
Charitable activities			125,524		125,524
Investment income			8,386		8,386
Total income			476,420		476,420
Expenditure on:
Charitable activities		5,6,7, 8	(175,603)		(175,603)
Total expenditure			(175,603)		(175,603)
Net income			300,817		300,817
Other recognised gains and losses
Net gains on investments		14	36,620		36,620
Net movement in funds			337,437		337,437
Reconciliation offunds
Total funds brought forward			2,729,784	1,680,000	4,409,784
Total funds carried forward		18	3,067,221	1,680,000	4,747,221
					Total
			Unrestricted	Endowment	2020
		Note
Income and Endowments	from:
Donations and legacies			362,293		362,293
Charitable activities			122,081		122,081
Investment income			11,130		11,130
Total income			495,504		495,504
Expenditure on:
Charitable activities		5,6,7, 8	(182,001)		(182,001)
Total expenditure			(182,001)		(182,001)
Net income			313,503		313,503
Other recognised gains and losses
Net gains on investments		14	3,008		3,008
Net movement in funds			316,511		316,511
Reconciliation offunds
Total funds brought forward			2,413,273	1,680,000	4,093,273
Total funds carried forward		18	2,729,784	1,680,000	4,409,784

	Balance Sheet as at	30April 2021
			2021	2020
		Note
Fixed assets
Tangible assets		13	3,483,897	3,292,912
Investments		14	259,543	221,478
			3,743,440	3,514,390
Current assets
Debtors		15.	12,809	13,332
Cash at bank and in hand		16	999,639	898,252
			1,012,448	911,584
Creditors: Amounts	falling due within one year	17	(8,667)	(16,190)
Net current assets			1,003,781	895,394
Net assets			4,747,221	4,409,784
Funds ofthe charity:
Endowment			1,680,000	1,680,000
Unrestricted			3,067,221	2,729,784
Total funds		18	4,747,221	4,409,784

				2021	2020
			Note
Cash flows from operating activities
Net cash income				337,437	316,511
Adjustments to cash flows from non-cash		items
Investment income			4	(8,386)	(11,130)
Revaluation ofinvestments			14	(36,620)	(3,008)
				292,431	302,373
Working capital adjustments
Decrease/(increase) in debtors			15	522	(888)
(Decrease)/increase in creditors			17	(7,483)	7,329
Decrease in deferred income				(39)	(934)
Net cash flows fiom operating	activities			285,431	307,880
Cash flows from investing activities
Interest receivable and similar	income		4	8,386	11,130
Purchase oftangible fixed assets			13	(190,985)
Purchase ofinvestments			14	(1,445)	(1,445)
Net cash flows fiom investing	activities			(184,044)	9,685
Net increase in cash and cash equivalents				101,387	317,565
Cash and cash equivalents at 1	May			898,252	580,687
Cash and cash equivalents at 30April				999,639	898,252

						Unrestricted
							Total	Total
						General	2021	2020
Donations		and	legacies;
	The Dartmouth			Trust		326,822	326,822	362,293
Grants, including				capital grants;
	Government		grants			15,688	15,688
						342,510	342,510	362,293
3	Income	from		charitable	activities
						Unrestricted
							Total	Total
						General	2021	2020
	Contributions		paid by residents			116,074	116,074	112,041
	Car parking					8,680	8,680	8,520
	Guest Suite					290	290	890
	Laundry	income				480	480	630
						125,524	125,524	122,081

4 Investment inc	ome
		Unrestricted
			Total	Total
		General	2021	2020
Interest receivable	on bank deposits	730	730	3,634
Other income fiom	fixed asset investments	7,656	7,656	7,496
		8,386	8,386	11,130

5 Direct Costs
				Total	Total
				2021	2020
Call 24				1,235	1,202
Cleaning and removal		costs		110	951
Television licences				570	604
Property and contents		insurance		4,635	4,435
Health and safety				1,785	2,196
Gas and electric				17,117	14,633
Water charges				6,423	4,674
				31,874	28,695
6 Support Costs
				Total	Total
				2021	2020
Legal and professional		fees		10,270	16,876
Advertising				459	388
Sundry expenses				844	1,768
Staff training					112
Subscriptions to Almshouses			Association	305	300
Trustee indemnity	insurance			843	600
Property repairs and refurbishments				15,149	8,204
Wages and salaries				30,090	31,415
				57,961	59,663

			Unrestricted	Endowment	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
Governance	Auditors'	remuneration	2,600		2,600	2,600
Governance	Auditors'	non audit costs	1,600		1,600	1,600
Governance	expense	- wages and salaries	3,343		3,343	3,491
			7,543		7,543	7,691

Analysis	ofgrants
				2021	2020
Analysis
Individuals	donations			2,188	4,072
Citizens Advice South		Hams		15,000	15,000
Dartmouth	Caring			50,000	50,000
Dartmouth	Community	Chest			840
Youth Genesis					3,500
Dartmouth	Outdoor Swimming		Pool		2,740
Flavel Church					500
Parish of	Dartmouth				4,000
Townstal	Community	Partnership			3,300
Dartmouth	Academy			10,020	2,000
Dartmouth	Pre-school			1,017
				78,225	85,952

Net in	coming re	sources for the year include:
			2021	2020
Audit	fees		2,600	2,600
Other	non-audit	services	1,600	1,600

11Staff costs The aggregate payroll costs were as follows:
	2021	2020
Staff costs during the year were:
Wages and salaries	33,433	34,906

2021	2020
No	No

Land and
buildings	Total
3,292,912	3,292,912
190,985	190,985
3,483,897	3,483,897
3,483,897	3,483,897
3,292,912	3,292,912

			Listed
			investments	Total
Cost or Valuation
At 1 May 2020			221,478	221,478
Revaluation			36,620	36,620
Additions			1,445	1,445
At 30April 2021			259,543	259,543
Net book value
At 30April 2021			259,543	259,543
At 30April 2020			221,478	221,478
The investments		are held in amixed portfolio.
15 Debtors
			2021	2020
Trade debtors			545	1,101
Prepayments	and	accrued income	12,264	11,458
Other debtors				773
			12,809	13,332
16 Cash and	cash equivalents
			2021	2020
Cash on hand				315
Cash at bank			999,639	897,937
			999,639	898,252

17 Creditors: amounts falling due within one year
	2021	2020
Trade creditors	831	6,435
Other creditors	2,113	993
Accruals for grants payable	1,340	4,340
Accruals	4,383	4,422
	8,667	16,190

18 Funds
							Other	Balance at
			Balance at 1	Incoming	Resources		recognised	30April
			May 2020	resources	expended	Transfers	gains/(losses)	2021
Unrestricted	funds
General
Income Account			200,000	476,420	(175,603)	(337,437)	36,620	200,000
Other
Extraordinary repair			57,250			12,192		69,442
New property			859,623			134,260		993,883
Realised capital reserve			100,227					100,227
Unrealised	revaluation
reserve			300,112					300,112
Property reserve			1,212,572			190,985		1,403,557
			2,529,784			337,437		2,867,221
Total unrestricted		funds	2,729,784	476,420	(175,603)		36,620	3,067,221
Endowment	funds
Permanent
Endowment	funds		1,680,000					1,680,000
Total funds			4,409,784	476,420	(176,603)		36,620	4,747,22I

			Balance	Balance	at					Other	Other	Balance at
				1May		Incoming	Resources			recognised		30April
				2019		resources	expended		Transfers	gains/(losses)		2020
Unrestricted funds
General
Income Account				200,000		495,504	(182,001)		(316,511)		3,008	200,000
Other
Extraordinary	repair			57,250								57,250
New property				543,112					316,511			859,623
Realised capital reserve				100,227								100,227
Unrealised revaluation
reserve				300,112								300,112
Property reserve			1,212,572									1,212,572
			2,213,273						316,511			2,529,784
Total unrestricted		funds	2,413,273			495,504	(182,001)				3,008	2,729,784
Endowment funds
Permanent
Endowment	funds		1,680,000									1,680,000
Total funds			4,093,273			495,504	(182,0013				3,008	4,409,784
19 Analysis ofnet		assets	between	funds
									Endowment		Total funds at
						Unrestricted	funds		funds			30April
					General		Other		Permanent			2021
Tangible fixed	assets						1,803,897			1,680,000		3,483,897
Fixed asset investments								259,543				259,543
Current assets						208,667		803,781				1,012,448
Current liabilities						(8,667)						(8,667)
Total net assets						200,000	2,867,221			1,680,000		4,747,221
									Endowment		Total funds at
						Unrestricted	funds		funds			30April
					General		Other		Permanent			2020
Tangible fixed	assets						1,612,912			1,680,000		3,292,912
Fixed asset investments								221,478				221,478
Current assets						216,190		695,394				911,584
Current liabilities						(16,190)						(16,190)
Total net assets						200,000	2,529,784			1,680,000		4,409,784