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|Chairman|Mr J R Clarke||
|---|---|---|
|Other Co-optative Trustees|Mr WT Cade||
||Mrs M Chapman||
||Mrs S Tingey||
|Nominative Trustees|Mr A Johnston||
||Mr A J Lavender|(resigned 14/05/24)|
||Mrs P Taylor||
||Ms G Rayment||
||Ms M D Clarke|(appointed 14/05/24)|
|Clerk to the Trustees|Mrs C Johnson||
|Principal Address|Jones Court||
||Great Whyte||
||Ramsey||
||Huntingdon||
||Cambridgeshire||
||PE26 1 HW||
|Principal Bankers|Barclays Bank pic||
||Market Hill||
||Huntingdon||
||Cambridgeshire||
|Independent Examiner|A Newman FCA||
||Whitings LLP||
||Chartered Accountants, Business Advisers||
||and Registered Auditors||
||108 High Street||
||Ramsey||
||Cambridgeshire||
||PE261BS||
|Solicitors|Serjeant & Son||
||3-5 Great Whyte||
||Ramsey||
||Cambridgeshire||
||PE261HE||





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|||||2023|||2022|
|---|---|---|---|---|---|---|---|
||||Unrestricted Restricted Endowment Total|||||
||||Funds Funds Funds Funds|||||
||||(Jones Court)|||||
||||£|£|£|£|£|
||Note|||||||
|Income and Endowments from:||||||||
|Charitable activities|2||13,138|237,120||250,257|245,393|
|Investments|3||18,670|188||18,858|18,438|
|Donations and legacies|4|||||||
|Total Income|||31,808|237,308||269,115|263,831|
|Expenditure on:||||||||
|Charitable activities:||||||||
|Costs of activities in furtherance of|the|||||||
|objects of the Charity||5|17,192|227,380||244,572|269,362|
|Governance costs 6|||1,777|13,977||15,755|15,140|
|Raising funds||7|||||776|
|Total Expenditure|||18,969|241,357||260,326|285,278|
|Net Income before Unrealised Gains|||12,839|(4,050)||8,789|(21,447)|
|Unrealised Gains on||||||||
|Investment Assets|11||8,833||2,912 11,745||(11,232)|
|Net Income|||21,672|(4,050)|2,912 20,534||(32,679)|
|Transfers between Funds||||||||
|Net Movement in Funds|||21,672 (4,050) 2,912 20,534||||(32,679)|
|Reconciliation of Funds:||||||||
|Fund balances brought forward||||||||
|at 1 January 2022|||304,694|387,367 161,710||853,771|886,450|
|Fund balances carried forward at||||||||
|31 December 2023|||326,366|383,317 164,622||874,305|853,771|





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||2023|2022|
|---|---|---|
|Note|£ £|£ £|
|Fixed Assets|||
|Tangible Fixed Assets 10|344,755|351,382|
|Investments 11|506,712|494,967|
||851,467|846,349|
|Current Assets|||
|Debtors & prepayments 12|33,846|1,698|
|National Savings Income Bonds|2,000|2,000|
|Cash at Bank and in Hand|273,409|291,263|
||309,255|294,961|
|Creditors: Amounts falling due|||
|within one year 13 & 18|16,837|15,100|
|Net Current Assets|292,418|279,861|
|Total assets less current liabilities|1,143,885|1,126,210|
|Creditors: Amounts falling due|||
|after more than one year 14|(269,580)|(272,439)|
|Net Assets 15|874,305|853,771|
|FUNDS|||
|Endowment Fund|164,622|161,710|
|Restricted Reserves 16|||
|Jones Court Ordinary Fund|74,448|68,657|
|Jones Court Extension Fund|119,760|121,949|
|Jones Court Cyclical Maintenance Fund|189,109|196,761|
|Unrestricted Reserves|||
|Relief in Need & Almshouse General Fund|210,608|200,812|
|Almshouse Cyclical Maint. Fund (Desg'd)|35,522|32,480|
|Almshouse Extraordinary Repair Fund (Desg'd)|80,236|71,402|
||874,305|853,771|



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|||2023||2022|
|---|---|---|---|---|
||£|£|£|£|
||General|Restricted|Totals|Total|
||Fund|Fund|Funds|Funds|
|Contributions from Tenants|13,138|235,981|249,119|245,215|
|Letting of Guest room||1,050|1,050|98|
|Miscellaneous|17|89|106|80|
||13,155 237,120||250,274|245,393|



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|ESTMENT INCOME||||||
|---|---|---|---|---|---|
||||2023||2022|
||£||£|£|£|
||General|Restricted||Totals|Total|
||Fund||Fund|Funds|Funds|
|Endowment land rents|1,974|||1,974|1,839|
|Investment property rent|15,620|||15,620|15,597|
|Dividends on investments|950|||950|946|
|Interest received|109||188|297|56|
||18,653||188|18,841|18,438|



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|NATIONS AND LEGACIES|||
|---|---|---|
||2023|2022|
||£ £ £|£|
||General Restricted Totals|Total|
||Fund Fund Funds|Funds|
|Donations received|0 0|0|



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|||2023||2022|
|---|---|---|---|---|
||£|£|£|£|
||General Restricted||Totals|Total|
||Fund|Fund|Funds|Funds|
|Employee costs (note 8)||39,019|39,019|37,443|
|Repairs and Maintenance|3,741|35,768|39,509|35,161|
|Cleaning||2,911|2,911|4,794|
|Insurance|1,059|6,183|7,242|6,911|
|Cyclical repairs|970|59,775|60,745|87,130|
|Garden maintenance||8,125|8,125|14,779|
|Heating & lighting||33,053|33,053|26,497|
|Water rates|338|4,268|4,606|4,967|
|Interest on loan from Housing Corporation||16,748|16,748|16,921|
|Bank loan fees & interest|||0|6,307|
|Loan interest prior year underprovision|9,914||9,914|7,076|
|Sundry expenses|0|2,431|2,431|2,060|
|Payment re Jones Court|||0|0|
|Proportion of Clerk's remuneration|1,170|6,238|7,408|7,124|
|Depreciation of Jones Court||1,797|1,797|1,624|
|Depreciation of extension to Jones Court||2,189|2,189|2,189|
|Depreciation of furniture & fittings||8,876|8,876|8,379|
||17,192|227,380|244,572|269,362|





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||2023|2022|
|---|---|---|
||£ £ £|£|
||General Restricted Totals|Total|
||Fund Fund Funds|Funds|
|Proportion of Clerk's remuneration|1,170 6,238 7,407|7,124|
|Telephone|2,622 2,622|2,441|
|Postage, printing, stationery & adverts|1,688 1,688|1,306|
|Council tax paid on units|189 189|25|
|Accountancy & Audit|608 3,240 3,848|4,244|
||1,777<br>13,977<br>15,755|15,140|



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|2023|2022|
|---|---|
|£ £ £|£|
|General Restricted Totals|Total|
|Fund Fund Funds|Funds|
|0|776|



## 

|2023 2022|
|---|
|Salaries and wages 38,193 35,214|
|CRB checks 0 0|
|National Insurance - 1,576|
|Pension scheme 826 653|
|39.019<br>37,443|



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|10. TANGIBLE FIXED ASSETS||||
|---|---|---|---|
||Freehold|Fixtures||
||Land and|and||
||Buildings|Fittings|Total|
||£|£|£|
|Cost||||
|at 1 January 2023|1,591,646|50,669|1,642,315|
|Additions||6,234|6,234|
|Fully depreciated assets written off|||0|
|at 31 December 2023|1,591,646|56,903|1,648,549|
|Less: Housing Association Grant|(1,196,568)||(1,196,568)|
|Net cost at 31 December 2023|395,078|56,903|451,981|
|Depreciation||||
|at 1 January 2023|68,835|24,780|93,615|
|Charge for the year|3,986|9,625|13,611|
|Depreciation written off|||0|
|at 31 December 2023|72,821|34,405|107,226|
|Net book value||||
|at 31 December 2023|322,257|22,498|344,755|
|at 31 December 2022|326,243|25,889|352,132|





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|11. FIXED ASSET INVESTMENTS|||
|---|---|---|
||2023|2022|
||£|£|
|Listed investments|||
|Market value 1 January 2023|||
|COIF - Income shares (Endowment Fund)|31,694|35,865|
|Accumulation Shares (General Fund)|71,403|78,463|
||103,097|114,328|
|Net unrealised investment gains (losses)|11,745|(11,231)|
|Market value 31 December 2023|114,842|103,097|
|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|10,425|
|4.104 acres land, Ramsey Forty Foot|12,312|12,312|
|5.500 acres land, Ramsey Forty Foot|16,500|16,500|
|6.000 acres land, The Hollow, Ramsey|39,000|39,000|
||78,237|78,237|
|Net unrealised investment gains (losses)|0|0|
|Market value 31 December 2020|78,237|78,237|
||506,712|494,967|
|12.DEBTORS|||
||2023|2022|
||£|£|
|Amounts due to restricted fund (creditor in the General Fund)|1,698|1,697|
|Prepayments|32,148|0|
||33,846|1,697|
|13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||2023|2022|
||£|£|
|Trade Creditors & Bank Loans|16,837|15,100|



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||Tangible||Other Net Long Term||
|---|---|---|---|---|
||Fixed Assets|Invsts. Curr. Assets Liabilities Total|||
|||||£|
|Endowment Fund|37,000|125,623 2,000 164,623|||
|Restricted Funds|||||
|Jones Court - General|187,995||48,314 (161,860)|74,449|
|Jones Court - New Building|119,760|||119,760|
|Jones Court- CMF|||189,109|189,109|
||344,755|125,623|239,423<br>(161,860)|547,941|
|Unrestricted Funds||381,090|52,996<br>(107,720)|326,366|
||344,755|506,713 292,419 (269,580) 874,307|||



## 

|||Transfers|Transfers|||
|---|---|---|---|---|---|
||Balance|between|||Balance<br>Balance|
||01.01.23|Income|Funds Expenditure||31.12.23<br>31.12.22|
|Jones Court - General|68,657|237,121|7,839|(239,168)|74,449 68,657|
|Jones Court - New Building|121,949|||(2,189)|119,760 121,949|
|Jones Court-CMF|196,761|187|(7,839)||189,109 196,761|
||387,367|237,307||(241,357)|383,317 _387,367|



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