OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Reference and Administrative
Details
Trustees' Report 2 to 3
Statement ofTrtistees' Responsibilities
Accountants'
Report on the unaudited		 financial information
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial
Statements		 9to 17
SOFA per fund
Detailed Statement ofFinancial Activities 19to 20

Reference and Reference and Administrative Details Details
Trustees Mr C Barnicoat
Mrs M Histed
Mr C Jerram
Mr C Smith
Mrs Mary Smith
Principal Office Pentire Cottage, Sodom Lane, Dauntsey, Chippenham, Wiltshire
SN15 4JA
Charity Registration Nuniber 204351
Registered social landlord number Thrings
Solicitors
6 Drakes Meadoiv
Sxvindon
Wiltshire
SN3 3LL
Bankers Lloyds Bank pic
29High Street
Chippenham
Wiltshire
Accountant mca Shepherd Smail
21 Market Place
Cirencester
Gloucestershire
GL7 2NX
Other Officers Mr R Pearce, Clerk to the Trustees

Achievements and perform and perform ance ance
Aeyfiaaacirii perfonnance imiicaiors
Unit 2021 2020
Net Debt Kt Kt
Cost per unit f3,777 X4,862
Social housing letting
operating		 margin f32 812
Overall
operating		 niargin 883 f60
Return on capital employed f7 X5

Total
Unrestricte&1 2021
Note
Inconte and Endonments from:
Maintenance
contributions		 fiom residents 22,120 22,120
Investment
income		 3,683 3,683
Total Income 25,803 25,803
Expenditure
on:
Raising
funds		 4 (1,097) (1,097)
Charitable
activities		 5, 6 (15,104) (15,104)
Total Expenditure (16,201) (16,201)
Gains/losses
on investment		 assets 11,912 11,912
Net movement
in funds		 21,514 21,514
Reconciliation
of fumls
Total funds brought fortvard 280,248 280,248
Total litnds carried fern'ard 15 301,762 301,762
Total
Unrestricted 2020
Note
Income and Endovnnents from:
Maintenance
contributions		 from residents 22,120 22,120
Investment
inconte		 3,223 3,223
Total Income 25,343 25,343
Expemliture
on:
Raising
funds		 4 (1,211) (1,211)
Charitable
activities		 5,6 (19,450) (19,450)
Total Expenditure (20,661) (20,661)
Gains/losses
on investment		 assets 10,704 10704
Net movement
in funds		 15,386 15,386
Reconciliation
offunds
Total funds
brought		 fonvard 264,862 264,862
Total funds carried fora ard 15 280,248 280,248

2021 2020
Note
Fixed assets
Tangible assets 10 112,953 116,026
Investments ll 175,139 154,324
288,092 270,350
Current
assets
Debtors 12 648 760
Cash at bank and in hand 13 14,582 10,578
15,230 11,338
Creditors: Amounts falling due within one year 14 (1,560) (1,440)
Net current assets 13,670 9,898
Net assets 301,762 280,248
Funds ofthe charity:
Unrestricted income funds
Unrestricted 301,762 280,248
Total funds 15 301,762 280,248
The financial statements on pages 7 to 17were approved by the Trustees, and mithorised
for issue on ................I:..
X(A —. (1.		 I
and signed on their behalf by:

2 Maintenan ce contributions
from reside		 nts
Unrestricted
funds Total Total
General 2021 2020
Ahnshouse I/2 4,200 4,200 4,200
Almshouse 3/4 6,900 6,900 6,900
Almshouse 5 5,200 5,200 5,200
Almshouse 6 5,820 5,820 5,820
22,120 22,120 22,120
3 Investment income
Unrestricted
fun&la Total
General funds
Other investment income 3,683 3,683
Total for 2021 3,683 3,683
Total for 2020 3,223 3,223

Unrestrtcted
funds Total
General funds
Note
1,097 1,097
1,097 1,097
1,211 1,211
Total
Direct costs costs
1,097 1,097
1,097 1,097

Charitable Total Total
activities 2021 2020
Property repairs 4,303 4,303 10,239
Establislunent costs 1,487 1,487 1,493
Subscriptions and donations 451 451 449
Management fee 1,338 1,338 1,378
Depreciation oftangible fixed assets 3,073 3,073 3,073
Legal and professional Costs 1,434 1,434
12,086 12,086 16,632

Unrestricted
funds Total
General 2021
Other governance costs 1,338 1,338
Allocated support costs 1,680 1,680
3,018 3,018
Unrestricted
funds Total
General 2020
Other goverttance costs 1,378 1,378
Allocated support costs 1,440 1,440
2,818 2,818

7 Net incoming/outgoing Net incoming/outgoing resources
Net incoming resources for the year include:
2021 2020
Depreciation offixed assets 3,073 3,073

10 Tangible fixed assets
Land
an&1
buildings Total
Cost
Freehold property
cost b/fad		 153,668 153,668
At 31December 2021 153,668 153,668
Depreciation
At 1 January 2021 37,642 37,642
Chtuge for the year 3,073 3,073
At 31December 2021 40,715 40,715
Net book value
At 31 Deceniber 2021 112,953 112,953
At 31December 2020 116,026 116,026

Investments
held as fixed assets
Listed
investments Total
Market Value
At I January 2021 154,324 154,324
Revaluation 11,999 11,999
Additions 8,816 8,816
At 31December 2021 175,139 175,139
Net book value
At 31December 2021 175,139 175,139
At 31December 2020 154,324 154,324

15 Funds
Balance at
Balance at I Other 31
January Incoming Resources recognise&i December
2021 resources expended gains/(losses) 2021
General
Unrestricted income fund 280,248 25,803 (16,201) 11,912 301,762
Balance at
Balance at 1 Other 31
January Incoming Resources recognised December
2020 resources expended gains/(losses) 2020
General
Unrestricted income fund 264,862 25,343 (20,661) 10,704 280,248
16 Analysis ofnet funds
At 31
At 1January Financing
cash		 December
2021 flores 2021
Cash at bank and in lmnd 10,578 4,004 14,582
Net debt 10,578 4,004 14,582
At 31
At I January December
2020 2020
Cash at bmrk and in hand 6,104 6,104
Net debt 6,104 6,104

Total Total
Unrestncte&1 Unrestricted
Funds Funds
2021 2020
Income and Endontnents from:
Maintenance contributions from residents 22,120 22,120
Investment
income		 3,683 3,223
Total income 25,803 25,343
Expenditure on:
Raising
fitnds		 (1,097) (1,211)
Charitable
activities		 (15,104) (19,450)
Total expenditure (16,201) (20,661)
Gains/losses on investment assets 11,912 10,704
Net income 21,514 15,386
Net movement in funds 21,514 15,386
Reconciliation
offunds
Total funds brought fonvard 280,248 264,862
Total funds carried fonvard 301,762 280,248

Detailed Stateme nt ofFinan c ial Ac tivities for the Y ear Ended 31December 2021
Total Total
2021 2020
Income and En&loivments from:
Maintenance
contributions		 from residents (analysed beloiv) 22,120 22,120
Investment
inconie (analysed		 beloiv) 3,683 3,223
Total inconie 25,803 25,343
Expenditure
on:
Raising
funds (analysed
beloiv)		 (1,097) (1,211)
Charitable
activities (analysed		 beloiv) (15,104) (19,450)
Total expenditure (16,201) (20,661)
Gains/losses
on investment		 assets (analysed beloiv) 11,912 10,704
Net income 21,514 15,386
Net movement
in funds		 21,514 15,386
Reconciliation
of fun&la
Total funds brought
fonvard		 280,248 264,862
Total fiinds carried fortvard 301,762 280,248

Detaile&l Sta teme nt of inancial
Activities or
Total Total
2021 2020
ilinintenance
cantrihations		 frow residetits 4,200 4,200
Almshouse
No.I and		 No.2 6,900 6,900
Almshouse
No. 3 and		 No.4 5,200 5,200
Almshouse
No.5		 5,820 5,820
Ahnshouse
No.6		 22, 120 22,120
Atvestntentincanie 3,683 3,223
Income from other investments 3,683 3,223
Raising ftwtis (1,097) (1,211)
Portfolio nianagement costs (1,097) (1,211)
Chtiritahle
activities		 (4,304) (10,239)
Property repairs (443) (446)
Water rates (1,043) (1,047)
Insurance (451) (449)
Trade subscriptions
Clerk's Honorarium
(50%)
Legal and professional
fees		 (1,338)
(1,434)
(3,073)		 (1,378)
(3,073)
Depreciation offreehold property (1,338) (1,378)
Managenient
fee		 (1,680) (1,440)
Accountancy
fee		 (15,104) (19,450)
Gaittsitosses
oii investnient
assets
Realised (profits)'losses
on disposals ofinvestments
Unrealised
gains on revaluation
of investnients		 (87)
11,999
11,912		 (34)
10,738
10,704