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2022-12-31-accounts

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

Reference and Administrative Reference and Administrative Details
Trustees Mr CBarnicoat
Mrs M Histed
Mr C Jerram
Mr C Smith
Mrs Mary Smith
Principal Office Pentire Cottage, Sodom Lane, Dauntsey, Chippenham, Wiltshire
SNt5 4JA
Charity Registration Number 204351
Registered social landlord number Thrings Solicitors
6 Drakes Meadow
Swindon
Wittshire
SN3 3LL
Bankers Lloyds Bank pic
29 High Street
Chippenham
IVittshire
Other Officers Mr RPearce, Clerk to the Trustees
Accountant mca Shepherd
Smail
21 Market Place
Cirencester
Gloucestershire
GL7 2NX

Keyfrr iancini pe iforainace
iiidi		 cnrors
Unit 2022 2021
Net Debt f.1 St
Cost per unit f2,786 63,777
Social housing letting operating margin 650 f32
Overall operating margin (637) f83
Return on capital employed 67 E7
htarket value of investments 'ro f.19 f45

Statem ent of Financial Activities fo r the Year Ended 31December 2 022
Total
Unrestricted 2022
Note
Inconte and Endowments from:
Maintenance
contributions		 from residents 22,120 22,120
Investment
income		 4,339 4,339
Total Income 26,459 26,459
Expenditure
on:
Raising funds 4 (1,530) (1,530)
Charitable
activities		 5, 6 (11,142) (11,142)
Total Expenditure (12,672) (12,672)
Gains/losses
on investment		 assets (23,551) (23,551)
Net movement
in funds		 (9,764) (9,764)
Reconciliation
offunds
Total funds brought forward 301,762 301,762
Total funds carried forward 15 291,998 291,998
Total
Unrestricted 2021
Note
Income and Endowntcnts front:
Maintenance
contributions		 from residents 22,120 22,120
Investment
income		 3,683 3,683
Total Income 25,803 25,803
Exptatditurc
on:
Raising funds (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 fun&Is
Total funds brought forward 280,248 280,248
Total litnds carried fonvard 15 301,762 301,762

Balance Sheet as at 3 1December 20 22
2022 2021
Note
Fixed assets
Tangible assets 10 109,880 112,953
Investments 11 167,058 175,139
276,938 288,092
Current assets
Debtors 12 835 648
Cash at bank and in hand 13 15,825 14,582
16,680 15,230
Creditors: Amounts falling due ivithin one year 14 (1,620) (1,560)
Net current assets 15,060 13,670
Net assets 291,998 301,762
Funds ofthe charity:
Unrestricted income fumls
Unrestricted 291,998 301,762
Total funds 15 291,998 301,762

Unrestricted
funds Total Total
General 2022 2021
Almshouse 1/2 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 Invcstmcnt income
Unrestricted
funds Total
General fun&is
Other investment income 4,339 4,339
Totalfor 2022 4,339 4,339
Total for 2021 3,683 3,683

Unrestricted
funds Total
General funds
Note
Other investment management costs;
Other portfolio management costs 1,530 1,530
Total for 2022 1,530 1,530
Total for 2021 1,097 1,097
Total
Direct costs costs
Investment management costs 1,530 1,530
Total for 2022 1,530 1,530
Total for 2021 1,097 1,097

Charitable Total Total
activities 2022 2021
Property repairs 1,726 1,726 4,303
Establishment costs 1,583 1,583 1,487
Subscriptions and donations 464 464 451
Management fee 1,338 1,338 1,338
Depreciation oftangible fixed assets 3,073 3,073 3,073
Legal and professional Costs 1,434
8,184 8,184 12,086
Unrestricted
funds Total
General 2022
Other governance costs 1,338 1,338
Allocated support costs 1,620 1,620
2,958 2,958
Unrestricted
funds Total
General 2021
Other governance costs 1,338 1,338
Allocated support costs 1,680 1,680
3,018 3,018

7 Net incoming/outgoing Net incoming/outgoing resources
Net incoming resources for the year include:
2022 2021
Depreciation offixed assets 3,073 3,073

Land and
buildings Total
Cost
Freehold property
cost b/fwd		 153,668 153,668
At 31December 2022 153,668 153,668
Depreciation
At 1 January 2022 40,715 40,715
Charge for the year 3,073 3,073
At 31December 2022 43,788 43,788
Net book value
At 31December 2022 109,880 109,880
At 31December 2021 112,953 112,953

Investments
held as fixed assets
Listed
investments Total
Market Value
At I January 2022 175,139 175,139
Revaluation (23,706) (23,706)
Additions 22,997 22,997
Disposals (7,372) (7,372)
At 31December 2022 167,058 167,058
iieet book value
At 31December 2022 167,058 167,058
At 31December 2021 175,139 175,139

15 Funds
Balance at
Balance at I Other 31
January Incoming Resources recognised December
2022 resources expended gains/(losses) 2022
General
Unrestricted income fund 301,762 26,459 (12,672) (23,551) 291,998
Balance at
Balance at I Other 31
January Incoming Resources l'ccognlscd Decenlber
2021 l'csourccs expended gains/(losses) 2021
Genernl
Unrestricted income fund 280,248 25,803 (16,201) 11,912 301,762
16 Analysis ofnet funds
At 31
At I January December
2022 2022
Cash at bank and in hand 14,582 14,582
Net debt 14,582 14,582
At 31
At I January Financing
cash		 December
2021 f10vvs 2021
Cash at bank and in hand 10,578 4,004 14,582
Net debt 10,578 4,004 14,582

Statement ofFina ncial Activities by fund for the Year Ended 31Decembe r 2022
Total Total
Unrestricted Unrestricted
Funds Funds
2022 2021
Income and Endowments from:
Maintenance
contributions		 from residents 22,120 22,120
Investment
income		 4,339 3,683
Total income 26,459 25,803
Expenditure
on:
Raising
funds		 (1,530) (1,097)
Charitable
activities		 (11,142) (15,104)
Total expenditure (12,672) (16,201)
Gains/losses
on investment		 assets (23,551) 11,912
Net (expenditure)/income (9,764) 21,514
Net movement
in funds		 (9,764) 21,514
Reconciliation
offunds
Total funds brought forward 301,762 280,248
Total funds carried forward 291,998 301,762

Detailed Statemen t ofFinanc ia l Activ ities for the Y ear Ended 31Decembe r 2022
Total Total
2022 2021
Income and Endotvments from:
Maintenance
contributions		 from residents (analysed below) 22,120 22,120
Investment
income (analysed		 below) 4,339 3,683
Total income 26,459 25,803
Expenditure
on:
Raising
funds (analysed
below)		 (1,530) (1,097)
Charitable
activities (analysed		 below) (11,142) (15,104)
Total expenditure (12,672) (16,201)
Gains/losses
on investment		 assets (analysed below) (23,551) 11,912
Net (expenditure)/income (9,764) 21,514
Net movement
in funds		 (9,764) 21,514
Reconciliation
offunds
Total funds brought
fotward		 301,762 280,248
Total funds carried forward 291,998 301,762

Total Total
2022 2021
tllaintenance
contribntians		 front residents
Almshouse
No. I and No.2		 4,200 4,200
Almshouse
No. 3 and No.4		 6,900 6,900
Almshouse
No.5		 5,200 5,200
Almshouse
No.6		 5,820 5,820
22,120 22,120
Investntentincotne
Income from other investments 4,339 3,683
4,339 3,683
Raising funds
Portfolio management costs (1,530) (1,097)
(1,530) (1,097)
Cltaritable
ncti cities
Property repairs (1,726) (4,304)
Water rates (459) (443)
Insurance (1,124) (1,043)
Trade subscriptions (464) (451)
Clerk's Honorarium (50%) (1,338) (1,338)
Legal and professional fees (1,434)
Depreciation offreehold property (3,073) (3,073)
Management
fee		 (1,338) (1,338)
Accountancy
fce		 (1,620) (1,680)
(11,142) (15,104)
Gains/losses
oninvestment		 assets
Realised (profits)!losses on disposals ofinvestments 155 (87)
Unrealised
gains on		 revaluation of investments (23,706) 11,999
(23,551) 11,912