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|||
|---|---|
|**Chairman**|Mr J R Clarke|
|**Other Co−optative Trustees**|Mr W T Cade|
||Mrs D M Tingey|
||Mrs M Chapman|
|**Nominative Trustees**|Mr A Johnston|
||Mr A J Lavender|
||Mrs P Taylor|
||Mr H Edwards|
|**Clerk to the Trustees**|Mrs C Johnson|
|**Principal Address**|3 Little VVtlyte|
||Ramsey|
||Huntingdon|
||Cambridgeshire|
||PE26 1DS|
|**Principal Bankers**|Barclays Bank plc|
||Market Hill|
||Huntingdon|
||Cambridgeshire|
|**Reporting Accountants**|Whiting & Partners|
||Chartered Accountants, Business Advisers|
||and Registered Auditors|
||108 High Street|
||Ramsey|
||Cambridgeshire|
||PE26 IBS|
|**Solicitors**|Serjeant & Son|
||3−5 Great Whyte|
||Ramsey|
||Cambridgeshire|
||PE26 1HE|





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||||2020|||2019|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total||
|||Funds|Funds|Funds|Funds||
||||(Jones Court)||||
|||||||E|
||Note||||||
|Income and Endowments from:|||||||
|Charitable activities|2|11.430|205,634||217,064|226.632|
|Investments|3|17,979|1,475||19,454|16.532|
|Donations and legacies|4||||||
|Total Income||29,409|207,109||236,518|243,164|
|Expenditure on:|||||||
|Charitable activities:|||||||
|Costs of activities in furtherance of|the||||||
|objects of_the_ Charity|5|14,022|173,778||187.800|192.703|
|Governance costs|6|1,557|11,757||13,314|12,870|
|Raising funds|7|5,417|||5,417|27,687|
|Total Expenditure||20,996|185,535||206,531|233,260|
|Net Income before Unrealised Gains||8.413|21,574||29,987|9,904|
|Unrealised Gains on|||||||
|Investment Assets|11|5.959||26,704|32,663|15.312|
|Net income||14,372|21,574|26.704|62,650|25.216|
|Transfers between Funds|||||||
|Net Movement in Funds||14,372|21,574|26.704|62,650|25,216|
|Reconciliation of Funds:|||||||
|Fund balances brought forward|||||||
|at 1 January 2020||266,062|372,857|134,721|773,640|748,424|
|Fund balances carried forward at|||||||
|31 December 2020||280,434|394,431|161,425|836,290|773,640|





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|||**2020**|**2019**|
|---|---|---|---|
||**Note**||**E**|
|**Fixed Assets**||||
|**Tangible Fixed Assets**|**10**|**341,810**|**348,139**|
|**Investments**|**11**|**490,121**|**457,459**|
|||**831,931**|**805,598**|
|**Current Assets**||||
|**Debtors & prepayments**|**12**|**1,698**|**1,698**|
|**National Savings Income Bonds**||**2,000**|**2,000**|
|**Cash at Bank and in Hand**||**306,945**|**281,550**|
|||**310,643**|**285,248**|
|**Creditors: Amounts falling due**||||
|**within one year**|**13 & 18**|**12,721**|**16,312**|
|**Net Current Assets**||**297,922**|**268,936**|
|**Total assets less current liabilities**||**1,129,853**|**1,074,534**|
|**Creditors:** Amounts falling due||||
|after more than one year|**14**|**(293,563)**|**(300,894)**|
|**Net Assets**|**15**|**836,290**|**773,640**|
|**FUNDS**||||
|**Endowment Fund**||**161,425**|**134,721**|
|**Restricted Reserves**|**16**|||
|**Jones Court Ordinary Fund**||**63,199**|**74,965**|
|**Jones Court Extension Fund**||**126,327**|**128.516**|
|**Jones Court Cyclical Maintenance Fund**||**204,905**|**169.376**|
|**Unrestricted Reserves**||||
|**Relief in Need & Almshouse General Fund**||**178.372**|**172,701**|
|**Almshouse Cyclical Maint. Fund (Desg'd)**||**35,221**|**32,477**|
|**Almshouse Extraordinary Repair Fund (Desg'd)**||**66,841**|**60,884**|
|||**836,290**|**773.640**|






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|||**2020**||**2019**|
|---|---|---|---|---|
||**E**|e|E|**E**|
||**General**|**Restricted**|**Totals**|**Total**|
||**Fund**|**Fund**|**Funds**|**Funds**|
|Contributions from Tenants|11,430|205,466|216,896|225,508|
|Letting of Guest room||168|168|1,124|
|Miscellaneous||0|0|0|
||11,430|205,634|217.064|226,632|



## 

|||**2020**||**2019**|
|---|---|---|---|---|
||**E**|**E**|**E**|**E**|
||**General**|**Restricted**|**Totals**|**Total**|
||**Fund**|**Fund**|**Funds**|**Funds**|
|Endowment land rents|2.075||2,075|1,694|
|Investment property rent|14,700||14,700|12,250|
|Dividends on investments|904||904|886|
|Interest received|300|1,475|1,775|1,702|
||17,979|1,475|19,454|16,532|



## 

|**NATIONS **|**AND LEGACIES**||||||||
|---|---|---|---|---|---|---|---|---|
|||||**2020**|||**2019**||
|||||**E**|**E**||**E**||
|||**General**||**Restricted**|**Totals**||**Total**||
|||**Fund**||**Fund**|**Funds**||**Funds**||
|Donations|received||**0**|||**0**||**0**|



## 

|||**2020**||**2019**|
|---|---|---|---|---|
||**E**|**E**|**E**|**E**|
||**General**|**Restricted**|**Totals**|**Total**|
||**Fund**|**Fund**|**Funds**|**Funds**|
|**Employee** costs (note 8)||34,780|34,780|30,693|
|Repairs and Maintenance|953|28,976|29,929|24,499|
|Cleaning||2,932|2,932|2,701|
|Insurance|792|5,213|6,005|5,719|
|Cyclical repairs||31,694|31,694|47,540|
|Garden maintenance||8.085|8,085|9,336|
|Heating & lighting||24,125|24,125|25,394|
|Water rates|263|5,563|5,826|5,554|
|Interest on loan from Housing Corporation||17,218|17,218|17,345|
|Bank loan fees & interest|5,558||5.558|6,787|
|Sundry expenses|5,466|2.046|7,512|2,963|
|Payment re Jones Court|0|0|0|0|
|Proportion of Clerk's remuneration|990|5,276|6,266|6,143|
|Depreciation of Jones Court||1,327|1,327|1,199|
|Depreciation of extension to Jones Court||2.189|2.189|2.189|
|Depreciation of furniture & fittings||4,354|4,354|4,641|
||14,022|173,778|187,800,|192,703|





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|||2020||2019|
|---|---|---|---|---|
||E|E|E|E|
||General|Restricted|Totals|Total|
||Fund|Fund|Funds|Funds|
|Proportion of Clerk's remuneration|990|5.278|8.286|8.143|
|Telephone||1.757|1,757|2.285|
|Postage, printing, stationery 8 adverts||1,242|1.242|845|
|**Council** tax paid on units|0|949|949|0|
|Accountancy 8 Audit|567|2 533|3.100|3,597|
||1.557|11 757|13,314,|12,870|



## 

|ITURE|ON RAI|SING FUNDS|||||
|---|---|---|---|---|---|---|
|||||2020||2019|
||||E|E|E|E|
||||General|Restricted|Totals|Total|
||||Fund|Fund|Funds|Funds|
|Rental|property|costs|5.417||5,417|27,687|



## 

||2020|2019|
|---|---|---|
|Salaries and wages|32.551|28,484|
|CRB checks||0|
|National Insurance|1576|1576|
|Pension scheme|653|653|
||34,780|30,593|



## 

## 

|10. TANGIBLE FIXED ASSETS||||
|---|---|---|---|
||Freehold|Fbctures||
||Land and|and||
||Buildings|Fittings|Total|
|Cost||||
|at 1 January 2020|1,591,648|23.196|1,614.842|
|Additions||1,541|1.541|
|Fully depreciated assets written off|||(2.959)|
|at 31 December 2020|1,591.646|21.776|1,613.424|
|Less: Housing Association Grant|(1.196,568)||(1,196,568)|
|Net cost at 31 December 2020|395,078|21.778|416,856|
|Depreciation||||
|at 1 January 2020|57,849|12,286|70,135|
|Charge for the year|3,516|4,354|7,870|
|Depreciation written off||(2,959)|(2,959)|
|et 31 December 2020|61,365|13,881|75,048|
|Net b o o k value||||
|at 31 December 2020|333.713|8,097|341.810|
|at 31 December 2019|337.229|10,910|348,139|





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|**11. FIXED ASSET INVESTMENTS**|||
|---|---|---|
||**2020**|**2019**|
|**Listed investments**|||
|Market value 1 January 2020|||
|COIF −Income shares (Endowment Fund)|29.521|25,043|
|Accumulation Shares (General Fund)|60,884|50,050|
||90,405|75,093|
|Net unrealised investment gains (losses)|7,846|15,312|
|**Market value 31 December 2020**|98,251|90,405|
|**Freehold Investment Property**|||
|House at 99 Great Whyte, Ramsey −at valuation 31 December 2019|160,000|160.000|
|House at 97 Great Whyte, Ramsey −cost 29 October 2018|153,633|153,633|
||313,633|313,633|
|**Tenanted Land held for Investment**|||
|Market value 1 January 2020|||
|3.475 acres land, Stocking Fen, Ramsey|10,425|9,730|
|4.104 acres land, Ramsey Forty Foot|12,312|11,491|
|5.500 acres land, Ramsey Forty Foot|16,500|15,400|
|6.000 acres land, The Hollow, Ramsey|39,000|16,800|
||78,237|53,421|
|Net unrealised investment gains (losses)|0|0|
|**Market value 31 December 2020**|78,237|53,421|
||490,121|457,459|
|**12. DEBTORS**|||
||**2020**|**2019**|
|Amounts due to restricled fund (creditor in the General Fund)|1,697|1,697|
|**13. CREDITORS: AMOUNTS FALLING DUE %WHIN ONE YEAF**|||
||**2020**|**2019**|
|||**£**|
|Trade Creditors|12,721|16,312|



## 



## 

## 

||**Tangible**||**Other Net**|**Long Term**||
|---|---|---|---|---|---|
||**Fixed Assets**|**Invats.**|**Curr. Assets**|**Liabilities**|**Total**|
|**Endowment** _Fund_|37,000|122,425|2,000||161,425|
|**Restricted Funds**||||||
|Jones Court −General|178,484||49,667|(164,952)|63,199|
|Jones Court −New Building|126,327||||126,327|
|Jones Court −CMF|||204,905||204,905|
||341,811|122,425|256,572|(164,952)|555,856|
|**Unrestricted Funds**||367,696|41,350|(128,611)|280,435|
||341,811|490,121|297,922|(293,563)|836,291|



## 

|||||**Transfers**||||
|---|---|---|---|---|---|---|---|
|||**Balance**||**between**||**Balance**|**Balance**|
|||**01.01.20**|**income**|**Funds**|**Expenditure**|**31.12.20**|**31.12.19**|
|Jones|Court −General|74,985|205,651|(34,071)|(183,347)|63,198|74.965|
|Jones|Court−New Building|128,516|||(2,189)|126,327|128,516|
|Jones|Court −CMF|169,376|1,458|34,071||204,905|189,376|
|||372,857|207,109|−|(185,536)|394,430|372,857|



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