2023-04-30-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to 5
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	7to10
Statement of Financial	Activities	11to 12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Financial	Statements	15to 28

			Refer	ence and Administ	ence and Administ	ence and Administ	rative
Nominative		Trustees		Ms Vde Galleani
				Mr M Rowley
Publically		Nominated	Trustees	Mr R Springett
				Mrs J Cawley,		Chair
				Mrs BFleet
				Mr BFrench
				Mr M Tremlett
				Mr G Hardy
				Ms L Osgood,		Vice Chair
Principal	Office			38Victoria	Road
				Dartmouth
				Devon
				TQ6 9SA
Charity Registration			Number	203399
Solicitors				Foot Anstey	LLP
				2 Glass VVharf
				Bristol
				BS2OFR
Bankers				National Westminster			Bank pic
				Paignton
				15Victoria	St
				Paignton
				Devon
				TQ4 5DE
Auditor				Thompson	Jenner LLP
				1 Colleton Crescent
				Exeter
				Devon
				EX24DG

Stateme	nt ofF	inancial A	ctivities f	or the Year En	ded 30April	2023
						Total
				Unrestricted	Endowment	2023
			Note	f	E
Income and Endowments		from:
Donations and legacies				359,916		359,916
Charitable activities				156,055		156,055
Investment income				21,689		21,689
Total income				537,660		537,660
Expenditure on: Charitable activities			5, 6, 7, 8	(225,959)		~225,959)
Total expenditure				225,959		(225,959)
Net income				311,701		311,701
Other recognised gains and losses Net gains on investments			14	~I4,679		(4,679)
Net movement in funds				307,022		307,022
Reconciliation of	funds
Total funds brought	forward			3,335,093	1,680,000	5,015,093
Total funds carried	forward		18	3,642,115	1,680,000	5,322,115

Statement of	Financi	al Activitie	s for the	Year Ended 3	0April 2023	(continued)
						Total
			Note	Unrestricted E	Endowment	2022f
Income and Endowments		from:
Donations and legacies				328,938		328,938
Charitable activities				136,961		136,961
Investment income				8,394		8,394
Total income				474,293		474,293
Expenditure on: Charitable activities			5, 6, 7, 8	(210,205)		~210,2051
Total expenditure				~210,205		(210,205)
Net income				264,088		264,088
Other recognised	gains and losses
Net gains on investments			14	3,784		3,784
Net movement in funds				267,872		267,872
Reconciliation of	funds
Total funds brought	forward			3,067,221	1,680,000	4,747,221
Total funds carried	forward		18	3,335,093	1,680,000	5,015,093

		Balance Sheet as at	30April 20	23
				2023	2022
			Note	f.	F
Fixed assets
Tangible assets			13	4,232,859	3,900,849
Investments			14	261,538	264,772
				4,494,397	4,165,621
Current assets
Debtors			15	9,837	10,481
Cash at bank and	in hand		16	830,539	845,738
				840,376	856,219
Creditors: Amounts		falling due within one year	17	12,658	6,747)
Net current assets				827,718	849,472
Net assets				5,322,115	5,015,093
Funds ofthe charity:
Endowment				1,680,000	1,680,000
Unrestricted				3,642,115	3,335,093
Total funds			$8	5,322,115	5,015,093

Cash Flow	Statement	for the Ye	ar Ended 3	0April 2023
			Note	2023f	2022 F
Cash flows from operating	activities
Net cash income				307,022	267,872
Adjustments to cash flows	from non-cash	items
Investment income			4	(21,689)	(8,394)
Revaluation of investments			14	4,679	(3,784
				290,012	255,694
Working capital adjustments
Decrease in debtors			15	644	2,328
Increase/(decrease) in creditors			17	2,720	(2,609)
Increase in deferred income				3,191	689
Net cash flows from operating	activities			296,567	256,102
Cash flows from investing activities
Interest receivable and similar	income		4	21,689	8,394
Purchase oftangible fixed assets			13	(332,010)	(416,952)
Purchase of investments			14	(1,445)	(1,445)
Net cash flows from investing	activities			(311,766)	(410,003)
Net decrease in cash and cash equivalents				(15,199)	(153,901)
Cash and cash equivalents at 1 May				845,738	999,639
Cash and cash equivalents at 30 April				830,539	845,738

				Unrestricted
					Total	Total
				General	2023	2022
Donations	and	legacies;
The Dartmouth			Trust	359,916	359,916	304,396
Grants, including			capital grants;
Government		grants				1,542
Grants	from	companies				23,000
				359,916	359,916	328,938

			Unrestricted
			funds	Total	Total
			General	2023	2022
			E	E	f'
Contributions		paid by residents	145,050	145,050	125,561
Car parking			8,995	8,995	9,030
Guest suite			1,365	1,365	1,630
Laundry	income		645	645	740
			156,055	156,055	136,961

4	Investment inc	ome
			Unrestricted
			funds	Total	Total
			General f	2023f	2022 F
Interest receivable		on bank deposits	13,685	13,685	599
Other income from		fixed asset investments	8,004	8,004	7,795
			21,689	21,689	8,394
5	Direct Costs

5 Direct	Costs
			Total	Total
			2023'	2022
Call 24			1,135	1,507
Cleaning	and removal	costs	413	468
Television	licences			524
Property	and contents	insurance	5,936	5,402
Health and safety			2,768	6,598
Gas and	electric		15,183	10,709
Water charges			5,232	4,780
			31,211	29,988

						Total	Total
						2023	2022
Legal and professional				fees		11,095	10,458
Advertising							454
Sundry	expenses					545	2,383
Staff training						380	75
Subscriptions		to	Almshouses		Association		319
Trustee	indemnity		insurance			278	272
Property	repairs		and refurbishments			50,559	33,740
Wages	and	salaries				31,879	26,845
						95,079	74,546

			Unrestricted	Endowment	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
Governance	Auditors'	remuneration	2,600		2,600	2,600
Governance	Auditors'	non audit costs	1,810		1,810	1,810
Governance	expense	—wages and salaries	3,542		3,542	2,983
			7,952		7,952	7,393

Analysis	ofgrants
				2023	2022
				f.	E
Analysis
individuals	donations			8,640	4,930
Citizens Advice South Hams				14,768	16,490
Dartmouth	Caring			50,000	60,000
Dartmouth	Academy			6,800	8,020
StJohns School Friends and			Governors	1,589
The Flavel				2,232
Dartmouth	Preschool			3,688
Dartmouth	Youth Group			4,000
Dartmouth	Community	Chest			840
Youth Genesis					7,998
				91,717	98,278
9 Net incoming/outgoing			resources
Net incoming resources		for the year include:
				2023f	2022 E
Audit fees				2,600	2,600
Other non-audit services				1,8'IO	1,990

13Tangible fixed assets
		Properties
	Land and	under
	buildings	construction	Total
Cost
At 1 May 2022	3,900,849		3,900,849
Additions	295,495	36,515	332,010
At 30April 2023	4,196,344	36,515	4,232,859
Depreciation
At 30April 2023
Net book value
At 30April 2023	4,196,344	36,515	4,232,859
At 30 April 2022	3,900,849		3,900,849

Other investment	s
			Listed
			investments	Total
				E
Cost or Valuation
At 1 May 2022			264,772	264,772
Revaluation			(4,679)	(4,679)
Additions			1,445	1,445
At 30April 2023			261,538	261,538
Net book value
At 30April 2023			261,538	261,538
At 30April 2022			264,772	264,772
The investments	are held	in a mixed portfolio.

15Debtors
		2023	2022
		f	F
Trade debtors		1,432	654
Prepayments	and accrued income	8,405	9,827
		9,837	10,481
16Cash and	cash equivalents
		2023	2022
Cash on hand		101	17
Cash at bank		830,438	845,721
		830,539	845,738

17Creditors: amounts falling due within o	ne year
	2023f	2022f
Trade creditors	3,525	77
Other creditors	870	1,598
Accruais	8,263	5,072
	12,658	6,747

18Funds
		Balance				Other	Balance
		at 1 May	Incoming	Resources		recognised	at 30
		2022	resources	expended	Transfers	gains/(losses)	April 2023
			E	F		F
Unrestricted	funds
General
Income Account		200,000	537,660	(225,959)	(307,022)	(4,679)	200,000
Other
Extraordinary
repair		83,968			14,526		98,494
Cyclical
maintenance	fund	12,890					12,890
New property		817,386			(39,514)		777,872
Realised capital
reserve		100,227					100,227
Unrealised
revaluation	reserve	300,112					300,112
Property reserve		1,820,510			332,010		2,152,520
		3,135,093			307,022		3,442,115
Total unrestricted
funds		3,335,093	537,660	(225,959)		(4,679)	3,642,115
Endowment	funds
Permanent
Endowment	funds	1,680,000					1,680,000
Total funds		5,015,093	537,660	(225,959)	-	(4,679)	5,322,115

			Balance				Other	Balance
			at 1 May	Incoming	Resources		recognised	at 30
			2021	resources	expended	Transfers	gains/(losses)	April 2022
					F	F	F	F
Unrestricted		funds
General
Income Account			200,000	451,293	(210,205)	(244,872)	3,784	200,000
Other
Extraordinary
repair			69,442			14,526		83,968
Cyclical
maintenance		fund				12,890		12,890
New property			993,883			(176,497)		817,386
Realised	capital
reserve			100,227					100,227
Unrealised
revaluation
reserve			300,112					300,112
Property	reserve		1,403,557	23,000		393,953		1,820,510
			2,867,221	23,000		244,872		3,135,093
Total unrestricted
funds			3,067,221	474,293	(210,205)		3,784	3,335,093
Endowment		funds
Permanent
Endowment		funds	1,680,000					1,680,000
Total funds			4,747,221	474,293	~210,205)		3,784	5,015,093

				Endowment	Total funds
		Unrestricted	funds	funds	at 30April
		General	Other	Permanent	2023
		E	f		E
Tangible	fixed assets		2,552,859	1,680,000	4,232,859
Fixed asset investments			261,538		261,538
Current	assets	212,658	627,718		840,376
Current	liabilities	12,658			12,658)
Total net assets		200,000	3,442,115	1,680,000	5,322,115
				Endowment	Total funds
		Unrestricted	funds	funds	at 30April
		General	Other	Permanent	2022
					F
Tangible	fixed assets		2,220,849	1,680,000	3,900,849
Fixed asset investments			264,772		264,772
Current	assets	206,747	649,472		856,219
Current	liabilities	6,747)			(6,747
Total net assets		200,000	3,135,093	1,680,000	5,015,093