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|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|
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|||||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|||
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|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|
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||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|
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|||||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|
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|||||||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|
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|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|
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|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|
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||||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|
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|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|
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|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|
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|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|
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|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|
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||||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|
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|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|
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|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|
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||||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|
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