| Unrestricted | Funds | Restricted | Total Funds | Total Funds | ||||
|---|---|---|---|---|---|---|---|---|
| General Extraordinary |
Fund | 2021 | 2020 | |||||
| Fund Repair Fund |
||||||||
| INCOMING RESOURCES | Note | |||||||
| Incoming resources from |
generated | funds | ||||||
| Donations | ||||||||
| Rent received | 600 | 600 | 600 | |||||
| Dividends received |
40,282 | 40,282 | 38,533 | |||||
| Interest received | 23 | 23 | 205 | |||||
| Incoming resources from | charitable | activities | ||||||
| Maintenance contributions |
from residents | 100,368 | 100,368 | 90,377 | ||||
| Other incotning resources |
||||||||
| Sundry income | 8 | 1,019 | ||||||
| TOTAL INCOMING RESOURCES |
141,280 | 0 | 0 | 141,280 | 130,734 | |||
| RESOURCES EXPENDED | ||||||||
| Charitable Activities Expenditure |
115,021 | 115,021 | 127,966 | |||||
| Governance Costs |
11,769 | 11,769 | 8,536 | |||||
| TOTAL RESOURCES EXPENDED | 126,790 | 126,790 | 136,502 | |||||
| NET INCOMING RESOURCES before |
TRANSFERS | 14,489 | 14,489 | (5,766) | ||||
| Sais ofinvestments | ||||||||
| Purchase of investments | 0 | 2,000 | 2,000 | 7,466 | ||||
| Transfer to Extraordinary Repair Fund |
(2,000) | (2,000) | ||||||
| NET INCOMING RESOURCES for THE YEAR |
12,489 | 2,000 | 0 | 14,489 | 1,698 | |||
| TRANSFER BETWEEN FUNDS | ||||||||
| OTHER RECOGNISED GAINSILOSSES | ||||||||
| Realised and unrealised gains and losses on |
||||||||
| investment assets |
4 | 193,851 | 34,448 | 1,920 | 230,218 | (78,231) | ||
| CAP squired from LCHE Charity |
||||||||
| NET MOVEMENT IN FUNDS |
||||||||
| Exlra ordinary Fund Repairs |
||||||||
| Balance brought fomrard |
1,314,700 | 119,875 | 10,995 | 1,446,570 | 1,524,132 | |||
| Balance carried fonvard | 1,521,040 | 156,323 | 12,915 | 1,690,278 | 1,445,570 |
| BALANCE SHEET a | s at 3 | 1st March 2021 | |||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Note | |||||||
| FIXEDASSETS-Investments | 1,289,897 | 1,057,679 | |||||
| Investment Properties |
5,350,000 | 5,350,000 | |||||
| CURRENT ASSETS | |||||||
| P repayments | 892 | 903 | |||||
| Cash at bank | 75,942 | 65,113 | |||||
| 76,834 | 66,016 | ||||||
| CURRENT LIABILITIES | |||||||
| Amounts falling due |
within | one year | |||||
| Sundry creditors and | accruals | (1,374) | (3,046) | ||||
| Net current assets | 75,460 | 62,970 | |||||
| NET ASSETS EMPLOYED | 6,715,357 | 6,470,649 | |||||
| Unrestricted -General |
Fund | 1,521,040 | 1,314,700 | ||||
| - Extraordinary | Repair Fund | 156,323 | 119,875 | ||||
| Restricted Fund |
12,915 | 10,995 | |||||
| Revaluation Account |
5,025,079 | 5,025,079 | |||||
| FUNDS EMPLOYED | 6,715,357 | 6,470,649 |
| CHARITABLE ACTIVITIES EXPENDITURE | CHARITABLE ACTIVITIES EXPENDITURE | CHARITABLE ACTIVITIES EXPENDITURE | CHARITABLE ACTIVITIES EXPENDITURE | Note | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| Casual labour | 4,830 | 5,040 | |||||
| Cleaning | 1,115 | 1,323 | |||||
| Council tax | 736 | ||||||
| Extraordinary Repair |
Fund | —accumulation | share dividends | reinvested | 5,692 | 4,472 | |
| Gardening | 6,410 | 5,300 | |||||
| Insurance | 3,804 | 3,701 | |||||
| Light, heat and water | 19,361 | 19,246 | |||||
| Postage | 90 | 85 | |||||
| Printing and stationery |
29 | 123 | |||||
| Repairs and maintenance | 30,320 | 47,896 | |||||
| Residents Christmas |
gifts | 750 | |||||
| Subscriptions and licences |
643 | 654 | |||||
| Warden - salary | 32,280 | 31,296 | |||||
| -social security costs+ Pensions | 1,200 | 1,328 | |||||
| -telephone | 787 | 769 | |||||
| Sundry expenses | 8,561 | 5,247 | |||||
| 115,021 | 127,966 | ||||||
| GOVERNANCE COSTS | |||||||
| Accountancy | 932 | 984 | |||||
| Legal fees | 35 | 35 | |||||
| Payroll fees | 720 | 720 | |||||
| Secretary - salary | 10,049 | 6,780 | |||||
| Secretary -telephone | 33 | 17 | |||||
| 11,769 | 8,536 | ||||||
| EMPLOYEES EMOLUMENTS | |||||||
| Secretary | 10,049 | 6,780 | |||||
| Warden | 32,280 | 31,296 | |||||
| Pension and social securily | costs | 1,200 | 1,328 | ||||
| 43,529 | 39,404 | ||||||
| The average weekly number |
of employees | was | |||||
| Secretary | |||||||
| Warden |
| Quoted Investments | Quoted Investments | General | Eidraordinary | Restricted | 2021 | 2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| Fund f |
Repair Fund f |
Fund | |||||||
| Market value | as at 1.4.2020 | 926,809 | 119,875 | 10,995 | 1,057,679 | 1,128,444 | |||
| Additions | 2,000 | 2,000 | 7,466 | ||||||
| Disposals | |||||||||
| Net unrealised | gains/(losses) | 193,851 | 34,448 | 1,920 | 230,218 | (78,231) | |||
| losses on disposals | |||||||||
| Market value | as at31.3.2021 | 1,120,660 | 156,323 | 12,915 | 1,289,897 | 1,057,679 | |||
| Consisting at |
31.3.2021 of:- | ||||||||
| 161,103 | NAACIF Income | shares | 138,387 | 138,387 | 112,756 | ||||
| 54,795 | COIF Income shares | 982,272 | 982,272 | 814,053 | |||||
| 1,629 | NAACIF Accumulation | shares | 156,323 | 156,323 | 119,875 | ||||
| 2,600 | Chanbond Charities |
Narrower | |||||||
| Range Common | Investment | Fund | 3,212 | 3212 | 3,203 | ||||
| 1,459 | Charishare Charities |
Narrower | |||||||
| Range Investment | Fund | ||||||||
| distribution units |
9,703 | 9,703 | 7,792 | ||||||
| 1,120,660 | 156,323 | 12,915 | 1,289,897 | 1,057,679 |
| 6. | RESTRICTED FUND | ||
|---|---|---|---|
| Capital acquired from Langley Church House Estate Charity |
2021 | 2020 | |
| As at I April 2020 | 10,995 | 12,388 | |
| Net unreahsed gains and losses on Investment Assets |
1,920 | (1,393) | |
| TOTAL RESTRICTED FUND at 31March 2021 | 12,915 | 10,995 | |
| 7. | REVALUATION ACCOUNT |