| 1-5 | Trustees' | Report |
|---|---|---|
| Independent Examiner's Report |
||
| 7-9 | Receipts | 4 Payments Accounts |
| 10 | Statement | ofAssets Ec Liabilities |
| Notes to | the Financial Statements |
| Year ended | Year ended | |||||||
|---|---|---|---|---|---|---|---|---|
| 30th June 2022 | 30th June 2021 | |||||||
| Income Recei ts | ||||||||
| Maintenance Contributions |
100,415 | 97,116 | ||||||
| —Investment Income |
||||||||
| COIF | Income Units | 10,419 | 10,152 | |||||
| Property Units | 2,677 | 13,096 | 2,485 | 12,637 | ||||
| Interest on Scottish | Widows Account | 50 | 50 | |||||
| Funds from insurance claim |
974 | |||||||
| —Total Receipts | 113,561 | 110,777 | ||||||
| Insurance | 2,558 | 2,767 | ||||||
| Proportion ofClerk's Fee4 General Exps (97.87%) | 35,538 | 23,351 | ||||||
| Proportion ofIndependent Examiner's |
Fee (97.87%) | 951 | 910 | |||||
| Water Rates | 5,973 | 6,141 | ||||||
| Major Repairs &,Refurbishments | ||||||||
| Cyclical Repairs 4 | Improvements | 28,186 | 8,117 | |||||
| Routine Maintenance | 4,924 | 8,260 | ||||||
| Communal Lighting |
183 | 198 | ||||||
| Grounds Upkeep |
3,732 | 4,470 | ||||||
| Advertising for Residents |
160 | |||||||
| Utility Charges for | Vacant Periods | 106 | ||||||
| Almshouse Association Subscription |
222 | 216 | ||||||
| TV Licences | 45 | 52 | ||||||
| Sundry Expenses | 383 | 328 | ||||||
| Total Payments | 82,695 | 55,076 | ||||||
| Surplus Receipts over Expenditure for the Year |
30,866 | 55,701 | ||||||
| Cash at Bank as at | 30June 2021 | 263,226 | 207,525 | |||||
| 294,092 | 263,226 | |||||||
| Less: Transfer to Extraordinary | Repair Fund (COIF Acc | Units) | 10,000 | |||||
| Cash at Bank as at30June 2022 | 284,092 | 263,226 | ||||||
| (f234,092 in Bank | ofScotland | Ec650,000at Scottish | Widows) | |||||
| 7 |
| Year ended | Year ended | |||
|---|---|---|---|---|
| 30th June 2022 | 30th June 2021 | |||
| Income Recei ts | ||||
| Investment Income |
||||
| COIF Income Units | 1,398 | 1,362 | ||
| Total Receipts | 1,398 | 1,362 | ||
| Ex enditure | ||||
| Grants for period in augmentation | ofthe stipends | 500 | ||
| ofincumbents ofparishes in |
the City ofExeter | |||
| Proportion ofClerk's Feek General Expenses | 447 | 300 | ||
| plus Independent Examiner's |
Fee | (1.20%) | ||
| Total Payments | 447 | 800 | ||
| Surplus Receipts over Expenditure | for the Year | 951 | 562 | |
| Cash at Bank as at 30June 2021 | 9,066 | 8,504 | ||
| Cash at Bank as at 30June | 2022 | 10,017 | 9,066 | |
| (Bank ofScotland) |
| Year ended | Year ended | |||
|---|---|---|---|---|
| 30th June 2022 | 30th June 2021 | |||
| Income Recei ts | ||||
| Investment Income |
||||
| COIF Income Units | 1,078 | 1,050 | ||
| Total Receipts | 1,078 | 1,050 | ||
| Ex enditure | ||||
| Grants | 1,300 | |||
| Proportion ofClerk's Fee 9c | General Expenses | 347 | 233 | |
| plus Independent Examiner's |
Fee (0.93%) | |||
| Total Payments | 1,647 | 233 | ||
| Surplus Receipts over Expenditure for the Year |
(569) | 817 | ||
| Cash at Bank as at 30th June | 2021 | 9,039 | 8,222 | |
| Cash at Bank as at 30th June 2022 | 8,470 | 9,039 | ||
| (Bank ofScotland) |
| 30th June 2022 | 30th June 2022 | 30th June 2021 | ||||||
|---|---|---|---|---|---|---|---|---|
| Almshouses | ||||||||
| Property - see note | I | 2s689,929 | 2,611,581 | |||||
| Investment Units |
tio of | Mkt Value | Additions | ~Dis osai | Mkt Value | |||
| Units | 30/06/22 | at Cost | Proceeds | 30/06/21 | ||||
| COIF Income Units | ||||||||
| Housing | 19,389 | 353,583 | 373,109 | |||||
| Bodley &.Mogridges | 2,602 | 47,452 | 50,072 | |||||
| Seldons | 2,005 | 36,565 | 38,584 | |||||
| 437,600 | 461,765 | |||||||
| COIF Charities Pro |
e | Fund Units | ||||||
| Housing | 47,797 | 65,692 | 55,305 | |||||
| COIF Accumulation | Units | |||||||
| Housing - see note | 2 | 1,524 | 332,567 | 10,000 | 331,008 | |||
| Cash at Bank | 30th June 2022 | 30th June 2021 | ||||||
| Bank ofScotland | ||||||||
| Housing | 234,092 | 213,226 | ||||||
| Bodley &Mogridges | 1os017 | 9,066 | ||||||
| Seldons | 8,470 | 9,039 | ||||||
| 252,579 | 231,331 | |||||||
| Charities Deposit Fund- |
||||||||
| Scottish Widows | 50,000 | 50,000 | ||||||
| Total | 302,579 | 281,331 | ||||||
| Debtors | ||||||||
| Housing - maintenance | arrears | 1,264 | 272 | |||||
| Liabilities Fallin | Due | Within the | Year | |||||
| Housing- maintenance |
contributions | overpaid | 455 | 781 |
| 5.Summ | ofFund | s | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Fund | ~Hoosin | ~Bodle d'e |
Seldons | ||||||
| ~Mo rid es | |||||||||
| Almshouses | Permanent | endowment | 2,689,929 | ||||||
| COIF Income | Units | Permanent | endowment | 353,583 | 47,452 | 36,565 | |||
| COIF Property Fund | Units | Permanent | endowment | 65,692 | |||||
| COIF Accumulation | Units | Extraordinary | Repair Fund | 332,567 | |||||
| Deposit Fund | General | 50,000 | |||||||
| Cash at Bank | General | 234,092 | 10,017 | 8,470 | |||||
| Debtors | General | 1,264 | |||||||
| Total Assets | 3,727,127 | 57,469 | 45,035 | ||||||
| Creditors | General | 455 | |||||||
| Net Assets | 3,726,672 | 57,469 | 45,035 | ||||||
| Represented | by:— | ||||||||
| Unrestricted | General | Funds | 284,901 | 10,017 | 8,470 | ||||
| Designated | General | Funds | |||||||
| Extraordinary | Repair Reserve | 332,567 | |||||||
| Permanent | Endowments | 3,109,204 | 47,452 | 36,565 | |||||
| 3,726,672 | 57,469 | 45,035 | |||||||
| 11 |