| Unre- | Endow- | Total | Total | ||
|---|---|---|---|---|---|
| stricted | ment | Funds | Funds | ||
| Funds | Fund | 2021 | 2020 | ||
| E | |||||
| INCOMING RESOURCES | |||||
| Donations | 223 | 223 | 223 | ||
| Allotment Rents |
950 | 950 | 990 | ||
| Heating Contributions |
4,576 | 4,576 | 4,238 | ||
| Maintenance Contributions |
24,472 | 24,472 | 22,153 | ||
| Bank Interest | |||||
| CIFAccumulated and Paid Income |
1 825 | 1 825 | 3 122 | ||
| TOTAL INCOMING RESOURCES | F32,046 | F32,046 | 230,726 | ||
| RESOURCES EXPENDED | |||||
| Donations Repairs and Maintenance Light and Heat Insurances Water rates TV Licence Clerks Wages Accountancy Sundries Subscriptions Loan Interest Professional Fees Rent Depreciation |
0 3,130 2,295 863 27 15 2,250 1,178 1,408 142 676 0 65 278 |
0 3,130 2,295 863 27 15 2,250 1,178 1,408 142 676 0 65 278 |
0 9,951 2,575 838 155 23 2,548 1,096 894 140 935 18 0 280 |
||
| TOTAL RESOURCES EXPENDED | f12,327 | 212,327 | F19,453 | ||
| NET INCOMING RESOURCES | 19,719 | 19,719 | 11,273 | ||
| Gain/ (loss) on revaluation ofinvestment |
assets | 8382 | 8382 | 5745 | |
| Net Movement in Funds |
28,101 | 28,101 | 5,528 | ||
| Total Funds brought forward |
87911 | 140000 | 227 911 | 222 383 | |
| TOTAL FUNDS carried forward | 116012 | 140000 | 256012 | 227 911 |
| As at 31 | December | 2021 | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| F | ||||||
| FIXEDASSETS | ||||||
| Tangible Fixed Assets |
||||||
| Freehold Property (Note 4) Fixtures and Fittings (Note 4) |
140,000 1,179 |
140,000 867 |
||||
| Investments (Note 5) |
87685 | 77 522 | ||||
| 228,864 | 218,389 | |||||
| CURRENT ASSETS | ||||||
| Trade Debtors Prepayments |
1,862 | 1,068 202 |
||||
| Prepaid Planning Costs Balances at Bank: |
13,444 | 13,444 | ||||
| Deposit Account | 275 | 275 | ||||
| Current Account | 22 248 | 9671 | ||||
| 37,829 | 24,660 | |||||
| LIABILITIES:amounts falling due |
||||||
| within one year (Note 6) | 6 531 | 6283 | ||||
| NET CURRENT LIABILITIES /ASSETS |
31 298 | 18377 | ||||
| TOTAL ASSETS LESSCURRENT | LIABILITIES | 260,162 | 236,766 | |||
| LIABILITIES:amounts falling due |
||||||
| after more than one year | (Note 7) | 4 150 | 8855 | |||
| NETASSETS | 256,012 | 227,911 | ||||
| REPRESENTED BY: | ||||||
| Endowment Fund (Note |
8) | 140,000 | 'I40,000 | |||
| Unrestricted Funds |
||||||
| Designated Funds (Note |
9) | |||||
| - Extraordinary Repair Fund -Cyclical Maintenance Fund Routine Maintenance Fund |
92,194 9,262 14556 |
69,487 6,262 12 162 |
||||
| 2256,012 | 2227,911 |
| Tan ible Fixed Assets |
||||
|---|---|---|---|---|
| Other assets | Freehold | Property | Total | |
| F | ||||
| Cost | ||||
| 1 January 2021 Additions |
1,901 590 |
140,000 | 141,901 | |
| Disposals | ||||
| 31 December 2021 | 2491 | 140000 | 142491 | |
| Depreciation | ||||
| 1 January 2021 Charge forthe year |
1,034 278 |
1,034 278 |
||
| On disposals | ||||
| 31 December 2021 | 1 312 | 1 312 | ||
| Net BookAmount | ||||
| 31 December 2021 1 January 2021 |
1 179 867 |
140000 140000 |
141 179 140867 |
| Investments | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| E | ||||
| 837.458 shares The M&G Charity | Multi Asset Fund - Accumulation | |||
| Fair Value at 1.1.2021 Purchase Accumulated Income Disposal Proceeds |
72,939 4,796 1,781 0 |
75,336 0 2,931 0 |
||
| Net profit /(loss) on revaluation Fair Value at 31.12.2021 |
8 169 87685 |
~5328 72939 |
||
| 5480.654shares The MBG Charity | Multi | Asset Fund - Income | ||
| Fair Value at 1.1.2021 Purchase Disposal proceeds Net profit /(loss) on revaluation Fair Value at 31.12.2021 |
4,583 0 (4,796) 213 0 |
0 5,000 ~417 4583 |
||
| Fair value at 31.12.2021 is based on bid | price at that date. | |||
| 2021 | 2020 | |||
| Liabilities: amounts fallin due within one |
ear | |||
| Trade creditors Loans (Note 7) |
1,841 4 690 |
1,870 4413 |
||
| 6531 | 6283 | |||
| Loan from Charities Aid Foundation |
||||
| 2021 | 2020 | |||
| The loan capital is shown on the Balance | Sheet as follows:- | |||
| Due within one year (Note 6) Due after one year |
4,690 4150 |
4,413 8855 |
||
| 8840 | 13268 |
| For Information | For Information | For Information | ofTrustees | Onl | ||||
|---|---|---|---|---|---|---|---|---|
| INCOME AND EXPENDITURE | ACCOUNT | |||||||
| Forthe | ear ended | 31 December 2021 | ||||||
| 2021 | 2020 | |||||||
| INCOME | ||||||||
| M8G income | 44 | 191 | ||||||
| Donation from March Educational Rent from Allotments |
Foundation | 223 950 |
223 990 |
|||||
| Heating Charges Maintenance Contributions |
4,576 24 472 |
4,238 22 153 |
||||||
| 30265 | 27795 | |||||||
| EXPENDITURE | ||||||||
| Treasurer's Honorarium Repairs and Maintenance Light and Heat Insurances The Almshouses Association Subscription and Donation Planning Costs for Proposed Almshouses Accountancy, Professional Fees and Sundry Expenses Purchase of units in the M8GCMA fund Laptop Water rates Charities Aid Foundation Loan Repayments {including Interest |
Charges) | 2,250 3,130 2,295 863 142 0 2,664 0 590 27 5 104 |
2,575 9,952 2,548 838 140 13,444 2,031 5,000 155 5099 |
|||||
| 17065 | 41 782 | |||||||
| EXPENDITURE OVER INCOME |
for the | year | 13,200 | (13,987) | ||||
| LIQUID FUNDS brought forward |
9345 | 23332 | ||||||
| LIQUiD FUNDS carried forward | 22,545 | 9,345 | ||||||
| REPRESENTED BY: | ||||||||
| Trade Debtors and Prepayments Balances at Lloyds TSBBank Pic: |
1,862 | 1,271 | ||||||
| Deposit Account Current Account |
275 22249 |
275 9671 |
||||||
| 24,386 | 11,217 | |||||||
| Trade Creditors and Accruals | 1 841 | 1 868 | ||||||
| NET CURRENT ASSETS | 22,545 | 9,345 |