| ~Pa | e | no. | |||
|---|---|---|---|---|---|
| 1-5 | Trustees' | Report | |||
| Independent Examiner's Report |
|||||
| 7-9 | Receipts | &Payments | Accounts | ||
| 10 | Statement | ofAssets k Liabilities | |||
| Notes to | the Financial | Statements |
| YEAR ENDED 30TH JUNE 2021 | ||||||
|---|---|---|---|---|---|---|
| Year ended | Year ended | |||||
| 30th June 2021 | 30th June 2020 | |||||
| Income Recei ts | ||||||
| Maintenance Contributions |
97,116 | 101,608 | ||||
| Investment Income |
||||||
| COIF Income Units |
10,152 | 9,952 | ||||
| Property Units | 2,485 | 12,637 | 3,059 | 13,011 | ||
| Interest on Scottish Widows Account | 50 | 52 | ||||
| Funds from insurance claim |
974 | |||||
| Total Receipts | 110,777 | 114,671 | ||||
| Insurance | 2,767 | 1,952 | ||||
| Proportion ofClerk's Fee &General Exps (97.85%) | 23,351 | 24,632 | ||||
| Proportion ofIndependent Examiner's |
Fee (97.85%) | 910 | 882 | |||
| Water Rates | 6,141 | 6,877 | ||||
| Major Repairs &Refurbishments | ||||||
| Cyclical Repairs &Improvements | 8,117 | 3,355 | ||||
| Routine Maintenance | 8,260 | 4,090 | ||||
| Communal Lighting |
198 | 183 | ||||
| Grounds Upkeep |
4,470 | 4,570 | ||||
| Advertising for Residents |
160 | |||||
| Utility Charges for Vacant Periods | 106 | 70 | ||||
| Almshouse Association Subscription |
216 | 210 | ||||
| TV Licences | 52 | 60 | ||||
| Sundry Expenses | 328 | 115 | ||||
| Total Payments | 55,076 | 46,996 | ||||
| Stnplus Receipts over Expenditure for the Year |
55,701 | 67,675 | ||||
| Cash at Bank as at 30June 2020 | 207,525 | 139,850 | ||||
| Cash at Bank as at 30June 2021 | 263,226 | 207,525 | ||||
| (f213,226 in Bank ofScotland &f50,000at Scottish | Widows) |
| Year ended | Year ended | ||||
|---|---|---|---|---|---|
| 30th June 2021 | 30th June 2020 | ||||
| Income Recei ts | |||||
| Investment Income |
|||||
| COIF Income Units | 1,362 | 1,336 | |||
| Total Receipts | 1,362 | 1,336 | |||
| Ex enditure | |||||
| Grants for period in augmentation | ofthe stipends | 500 | 500 | ||
| ofincumbents ofparishes in |
the City ofExeter | ||||
| Proportion ofClerk's Fee4 General Expenses | 300 | 297 | |||
| plus Independent Examiner's |
Fee(1.21%) | ||||
| Total Payments | 800 | 797 | |||
| Surplus Receipts over Expenditure | for the Year | 562 | 539 | ||
| Cash at Bank as at 30June 2020 | 8,504 | 7,965 | |||
| Cash at Bank as at 30June | 2021 | 9,066 | 8,504 | ||
| (Bank ofScotland) |
| Year ended | Year ended | ||||
|---|---|---|---|---|---|
| 30th June 2021 | 30th June 2020 | ||||
| Income Recei ts | |||||
| Investment Income |
|||||
| COIF Income Units | 1,050 | 1,029 | |||
| Total Receipts | 1,050 | 1,029 | |||
| Ex enditure | |||||
| Grants | 334 | ||||
| Proportion ofClerk's Fee & | General Expenses | 233 | 229 | ||
| plus Independent | Examiner's | Fee (0.94%) | |||
| Total Payments | 233 | 563 | |||
| Surplus Receipts over Expenditure for the Year |
817 | 466 | |||
| Cash at Bank as at | 30th June | 2020 | 8,222 | 7,756 | |
| Cash at Bank as at 30th June 2021 | 9,039 | 8,222 | |||
| (Bank ofScotland) |
| AS AT 30TH JUN | E 2 | 0 | 21 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 30th June 2021 | 30th June 2020 | |||||||||
| Almshouses | ||||||||||
| Property - see note | 1 | 2,611,581 | 2,555,362 | |||||||
| Investment Units |
No | of | Mkt Value | Additions | ~Dis | usal | Mkt Value | |||
| Units | 30/06/21 | at Cost | Proceeds | 30/06/20 | ||||||
| COIF Income Units | ||||||||||
| Housing | 19,389 | 373,109 | 325,326 | |||||||
| Bodley k Mogridges | 2,602 | 50,072 | 43,660 | |||||||
| Seldons | 2,005 | 38,584 | 33,642 | |||||||
| 461,765 | 402,628 | |||||||||
| COIF Charities Pro | e | Fund Units | ||||||||
| Housing | 47,797 | 55,305 | 52,586 | |||||||
| COIF Accumulation | Units | |||||||||
| Housing | 1,478 | 331,008 | 280,406 | |||||||
| Cash at Bank | 30th June 2021 | 30th June 2020 | ||||||||
| Bank ofScotland | ||||||||||
| Housing | 213,226 | 157,525 | ||||||||
| Bodley k, Mogridges | 9,066 | 8,504 | ||||||||
| Seldons | 9a039 | 8,222 | ||||||||
| 231,331 | 174,251 | |||||||||
| Charities Deposit Fund- | ||||||||||
| Scottish Widows | 50,000 | 50,000 | ||||||||
| Total | 281,331 | 224,251 | ||||||||
| Debtors | ||||||||||
| Housing - maintenance | arrears | 272 | 194 | |||||||
| Liabilities Fallin | Due | Within the | Year | |||||||
| Housing- maintenance |
contributions | overpaid | 781 | 337 | ||||||
| Signed by ........... | Date iI+6 | |||||||||
| on behalf ofthe Trustees | Notes (see over) |
| Fund | ~Honsin | B~odle d'e |
Se1doos | |||||
|---|---|---|---|---|---|---|---|---|
| M~orid es |
||||||||
| Almshouses | Permanent | endowment | 2,611,581 | |||||
| COIF Income Units | Permanent | endowment | 373,109 | 50,072 | 38,584 | |||
| COIF Property Fund | Units | Permanent | endowment | 55,305 | ||||
| COIF Accumulation | Units | Extraordinary | Repair Fund | 331,008 | ||||
| Deposit Fund | General | 50,000 | ||||||
| Cash at Bank | General | 213,226 | 9,066 | 9,039 | ||||
| Debtors | General | 272 | ||||||
| Total Assets | 3,634,501 | 59,138 | 47,623 | |||||
| Creditors | General | 781 | ||||||
| Net Assets | 3,633,720 | 59,138 | 47,623 | |||||
| Represented | by:- | |||||||
| Unrestricted | General | Funds | 262,717 | 9,066 | 9,039 | |||
| Designated | General | Funds | ||||||
| Extraordinary | Repair Reserve | 331,008 | ||||||
| Permanent | Endowments | 3,039,995 | 50,072 | 38,584 | ||||
| 3,633,720 | 59,138 | 47,623 |