| Page | |
|---|---|
| Charity Information | |
| Report ofthe Trustees | |
| Independent Examiner's Report |
|
| Receipts and Payments Account | |
| Statements ofAssets and Uabilities |
|
| Notes tothe Financial Statements |
| TRUSTEES | Adrian Axford | (deceased 11March 2021) | ||
|---|---|---|---|---|
| Steven Sheridan | (appointed 11June 2021) | |||
| Andrea Smith | ||||
| Anthony Bicknell |
||||
| Janis Mundell | ||||
| Janet Raby | ||||
| Alois Temel | ||||
| ADDRESS | 4A Wood Street | |||
| Ryde | ||||
| Isle ofWight | ||||
| PO33 2DH | ||||
| REGISTERED | CHARITY NUMBER | 203960 | ||
| GOVERNING | DOCUMENT | Deed ofTrust dated 10September 1691 | ||
| INDEPENDENT | EXAMINERS | Bright Brown Limited | ||
| Chartered Accountants |
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| Exchange House | ||||
| St.Cross Lane | ||||
| Newport | ||||
| Isle ofWight | ||||
| PO30 5BZ | ||||
| BANKERS | Lloyds TSBBank PLC | |||
| 33Union Street | ||||
| Ryde | ||||
| Isle ofWight | ||||
| P033 2HL |
| Unrestricted | Endowment | Total | Total | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | ||||||||
| f | f | f | f | ||||||||
| RECEIPTS | |||||||||||
| Maintenance charges |
24,498 | 24,498 | 27,390 | ||||||||
| investment income |
304 | 4,622 | 4,926 | ||||||||
| Other Income | |||||||||||
| Donations | 500 | 500 | 500 | ||||||||
| TOTAL RECEIPTS | 25,302 | 4,622 | 29,924 | 27,894 | |||||||
| PAYMENTS | |||||||||||
| Investment loss |
2,446 | ||||||||||
| Entertainment | 201 | ||||||||||
| Light, heat and water | 322 | 322 | 100 | ||||||||
| Council tax | 2,646 | 2,646 | 24 | ||||||||
| Insurance | 1,284 | 1,284 | 1,201 | ||||||||
| Building repairs and gardening | 12,988 | 12,988 | 13,859 | ||||||||
| Printing, postage and stationery |
184 | 184 | 147 | ||||||||
| Subscriptions | 182 | 182 | 179 | ||||||||
| Independent examiners |
remuneration | 444 | 444 | 438 | |||||||
| Professional fees | |||||||||||
| Misc expenses | 82 | 82 | |||||||||
| Gifts and grants to | individuals | 400 | 400 | 510 | |||||||
| 18,532 | 18,532 | 19,105 | |||||||||
| ASSETSAND INVESTMENT PURCHASES | |||||||||||
| BlackRock charities | investment | transfer | (4,622) | 4,622 | |||||||
| BlackRock charities | dividends | re-invested | |||||||||
| (4,622) | 4,622 | ||||||||||
| TOTAL PAYMENTS | 13,910 | 4,622 | 18,532 | 19,105 | |||||||
| NET INCREASE/(DECREASE) | IN | CASH FUNDS | 11,392 | 0 | 11,392 | 8,789 | |||||
| NET MOVEMENTS | IN CASH RESERVES | ||||||||||
| Cash funds brought | forward | 50,760 | 50,760 | 41,971 | |||||||
| Net movement in reserves |
11,392 | 0 | 11,392 | 8,789 | |||||||
| CASH FUNDS CARIED FORWARD | 62,152 | 0 | 62,152 | 50,760 | |||||||
| The | notes | on | page 6form part ofthese accounts. |
| Unrestricted | Unrestricted | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | |||||||||
| 2021 | 2020 | |||||||||
| f | ||||||||||
| CASH FUNDS | ||||||||||
| Current account | 22,461 | 15,996 | ||||||||
| COIF charities | deposit | account | 584 | 584 | ||||||
| United Trust | account | 10,303 | 10,000 | |||||||
| 33,348 | 26,580 | |||||||||
| Current | Current | |||||||||
| Value | Value | |||||||||
| f | f | |||||||||
| INVESTMENT | ASSETS | |||||||||
| BlackRock Charities Charishare | Common | investment | Fund | Accumulation | ||||||
| Cyclical maintenance | fund | |||||||||
| Extraordinary | repair fund | |||||||||
| General fund | 24,341 | 20,435 | ||||||||
| Permanent endowment |
4,461 | 3,745 | ||||||||
| 28,802 | 24,180 | |||||||||
| Current | Current | |||||||||
| Value | Value | |||||||||
| f | f | |||||||||
| A5SETS RETAINED FOR THE CHARITY'5 OWN USE | ||||||||||
| Land together | with six almshouses | and | offices (insurance | valuation | 2021) | 619,030 | 601,000 |
| Transfers | |||||
|---|---|---|---|---|---|
| As at | Incoming | Resources | Between | As at | |
| 01June 2020 f |
Resources f |
Expended f |
Funds f |
31May 2021 f |
|
| MOVEMENTS IN FUNDS |
|||||
| UNRESTRICTED FUNDS | |||||
| General fund | 50,760 | 25,302 | {13,910) | 62,152 | |
| DESIGNATED FUNDS | |||||
| Cyclical Maintenance Fund |
|||||
| Extraordinary Repair Fund |
|||||
| TOTAL DESIGNATED FUNDS | |||||
| TOTAL UNRESTRICTED FUNDS | 50,760 | 25,302 | {13,910) | 62,152 | |
| RESTRICTED FUNDS | |||||
| Permanent Endowment |
4,622 | (4,622) | |||
| TOTALFUNDS | 50,760 | 29,924 | {18,532) | 62,152 |