2021-12-31-accounts - The Stockton Almshouses

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				Page
Trustees' annual report
Independent examiner's report		to the trustees
Statement offinancial	activities
Statement offinancial	position
Notes to the financial	statements
The following pages	do not form part of		the financial statements
Detailed statement of	financial	activities		23
Notes to the detailed	statement	offinancial	activities	24

Registered	Registered	charity	name	THE STOCKTON ALMSHOUSES	THE STOCKTON ALMSHOUSES	THE STOCKTON ALMSHOUSES
Charity	registration		number	205021
Principal	office			Longhall
				Stockton
				Warminster
				Wiltshire
				BA12OSE
The trustees
				Mrs Wilson
				Mr Plows
				Mr Ashton
				Mr Cook
Independent		examiner		Diana Miller	Robinson	Miller
				3 Newopaul	Way
				Warminster
				Wiltshire
				BA128RY

—KME Wilson (Chairman)	Co-opted
- P Cook	Co-opted
-D J Ashton	Co-opted
-J Plows	Ex-officio

Year ended 31	Dece	mber 2021
					2021		2020
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	E	E	E	E
Income and endowments
Charitable activities			4	30,757		30,757	28,565
Investment income			6	2,558	630	3,188	3,363
Total income				33,315	630	33,945	31,928
Expenditure
Expenditure on raising funds:
Costs of raising donations and
legacies			6		630	630	589
Expenditure on charitable		activities	748	19,077		19,078	10,789
Total expenditure				19,077	630	19,708	11,378
Net gains/(losses)	on investments		9	12,485		12,486	(3,095)
Net income				26,723		26,723	17,455
Other recognised	gains	and losses
Other gains/(losses)- Emilie Gay Fund					2,573	2,573	1,090
Other gains/(losses)	-WTTopp Fund				334	334	(222)
Net movement in	funds			26,723	2,907	29,630	18,323
Reconciliation of	funds
Total funds brought	forward			215,193	21,151	236,344	218,020
Total funds carried forward				241,916	24 058	265,974	236,344

31 December	20	21
				2021	2020
			Note	6	f
Fixed assets
Tangible fixed assets			14	748	880
Heritage assets Investments			16 16	1 149,805	133,738
				150,554	134,619
Current assets
Stocks			17	950	450
Debtors			18	13,071	2,183
Cash at bank and	in	hand		102,825	101,938
				116,846	104,571
Creditors: amounts		falling due within one year		1,426	2,847
Net current assets				115,420	101,724
Total assets less	current liabilities			265,974	236,343
Net assets				265,974	236,343
Funds ofthe charity Restricted funds				24,058	21,151
Unrestricted funds				241,916	215,193
Totalcharity funds			20	265,974	236,344

4.	Charitable a	ctivities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds F	2021 f	Funds f	2020 f
	Contributions	from residents		30,277	30,277	28,085	28,085
	Contributions	from field rent		480	480	480	480
				30,757	30,757	28,565	28,565
5.	Investment	income
					Unrestricted	Restricted	Total Funds
					Funds f	Funds f	2021 f
	Income from	listed investments			2,552	630	3,182
	Bank interest	receivable			6		6
					2,558	630	3,188
					Unrestricted	Restricted	Total Funds
					Funds f	Funds f	2020 f
	Income from	listed investments			2,680	589	3,269
	Banl& interest	receivable			94		94
					2,774	589	3,363
8,	Costs of raising donations			and legacies
				Restricted	Total Funds	Restricted	Total Funds
				Funds f	2021 f.	Funds f	2020 f
	Costs of raising donations		and legacies
	- Donations			630		589	589

7.	Expenditur	e	on charita	bl	e	activ	ities	by	fund type
									Unrestricted	Total Funds	Unrestricted	Total Funds
									Funds f	2021	Funds f	2020 f
	Charitable	Activities-Provision of
	Almshouses								16,632	16,632	8,461	8,461
	Support costs								2,445	2,446	2,327	2,328
									19,077	19,078	10,788	10,789
8.	Expenditure		on charitable			activities		by	activity type
									Activities
									undertaken		Total funds	Total fund
									directly Support costs F f		2021 f	2020 f
	Charitable Activities-Provision					of
	Almshouses								16,632		16,632	8,461
	Governance	costs								2,446	2,446	2,328
									16,632	2,446	19,078	10,789
9.	Net gains/(losses) on			investments
										Unrestricted	Restricted	Total Funds
										Funds f	Funds F	2021 f
	Gains/(losses)		on listed	investments						12,485		12,486
										Unrestricted	Restricted	Total Funds
										Funds f	Funds f	2020 f
	Gains/(losses)		on listed	investments						(3,096)	1	(3,095)
10.	Net income
	Net income	is	stated after		charging/(crediting):
											2021 f	2020 f
	Depreciation	of tangible		fixed assets							132	155
11.	Independent		examination			fees
											2021	2020 f
	Fees payable		to the independent				examiner		for;
	Independent	examination			of	the financial statements					1,200	1,000

Tangible fixed assets
	Fixtures and	Mains Water
	fittings	Connection	Total
	F
Cost
At 1 January 2021 and 31 December 2021	5,196	7,112	12,308
Depreciation
At 1 January 2021	4,972	6,456	11,428
Charge for the year	34	98	132
At 31 December 2021	5006	6,554	11,560
Carrying amount
At 31 December 2021	190	558	748
At 31 December 2020	224	656	880

Heritage assets (continued)
	Stockton
	Almshousesf
Cost or valuation
At 1 January 2021 and 31 December 2021
Accumulated depreciation
At 1 January 2021 and 31 December 2021
Carrying amount
At 31December 2021	1
At 31 December 2020	1

Investments
	Gash or cash	Listed
	equivalents f	investments f	Total f
Cost or valuation
At 1 January 2021 Additions	34,652	99,086 670	133,738 674
Fair value movements		15,393	15,393
At 31 December 2021		115,149	149,805
Impairment
At 1 January 2021 and 31 December 2021
Carrying amount At 31December 2021	34,656	115,149	149,805
At 31 December 2020	34,652	99,086	133,738

17.	The investmen Exchange. Stocks	ts are	all held in charity specific managed funds	which are listed on the	UK Stock
				2021	2020
				8	6
	Raw materials	and consumables		950	450
18.	Debtors
				2021 6	2020 f
	Trade debtors			440	1,447
	Prepayments	and accrued income		631	736
	Other debtors			12,000
				13,071	2,183
19.	Creditors: amounts		falling due within one year
				2021	2020
				E	E
	Trade creditors				1,571
	Accruals and	deferred	income	1,426	1,276
				1,426	2,847

Analysis of	charita	ble funds
Unrestricted	funds
		At				Gains and	At
		1 Jan 2021	Income	Expenditure	Transfers	losses31	Dec 2021
		E	E	E	E	E	E
General funds		141 994	33,311	(9,873)	(11,796)	10,475	164,111
Designated	Fund
- Exb'aordinary
Repair Fund		26,947			3,132	2,010	32,089
Designated	Fund
—Cyclical
Maintenance
Fund		41,305	4	(5,680)	5,124		40,753
Designated	Fund
-Routine
Maintenance
Fund		4,947		(3,524)	3,540		4,963
		215,193	33,315	(19,077)		12,485	241,916
		At				Gains and	At
		1 Jan 2020	Income	Expenditure	Transfers	losses 31	Dec 2020
		F	E	E		E
General funds		133,842	31,248	(9,691)	(11,796)	(1,609)	141,994
Designated	Fund
- Extraordinary
Repair Fund		25,302			3,132	(1,487)	26,947
Designated	Fund
-Cyclical
Maintenance
Fund		36,090	91		5,124		41,305
Designated	Fund
-Routine
Maintenance
Fund		2,504		(1,097)	3,540		4,947
		197,738	31,339	(10,788)	—	(3,096)	215,193

Rest	ricted funds
						Gains and	At
		1 Jan 2021	Income	Expenditure	Transfers	losses 31	Dec 2021
			6		F	6
The Fund	Emilie Gay	18,088	531	(531)		2,573	20,661
The Fund	W TTopp	3,063	99	(99)		334	3,397
		21,151	630	(630)		2,907	24,058
		At				Gains and	At
		1 Jan 2020	Income f	Expenditure 2	Transfers F	losses 31 2	Dec 2020 6
The Fund	Emille Gay	16,974	521	(498)		1,091	18,088
The Fund	W TTopp	3,308	68	(91)		(222)	3,063
		20,282	589	(589)		869	21,151

Analysis of net as	sets between funds
		Ulnrestricted	Restricted	Total Funds
		Funds	Funds	2021
		8	8	6
Tangible fixed assets		748		748
Heritage assets Investments		1 125,747	24,058	1 149,805
Current assets		116,846		116,846
Creditors less than	1 year	(1,426)		(1,426)
Net assets		241,916	24,058	265,974
		Unrestricted	Restricted	Total Funds
		Funds	Funds f	2020 f
Tangible fixed assets		880		880
Heritage assets Investments		1 112,587	21,151	1 133,738
Current assets		104,571		104,571
Creditors less than	1 year	(2,847)		(2,847)
Net assets		215,192	21,151	236,343

					202'I 6	2020f
Income and	endowments
Charitable activities
Contributions	from residents				30,277	28,085
Contributions	from field	rent			480	480
					30,757	28,565
Investment	income
Income from	listed investments				3,182	3,269
Bank interest	receivable					94
					3,188	3,363
Total income					33,945	31,928
Expenditure
Costs of raising donations			and legacies
Donations to	residents	from	restricted	funds	630	589
Expenditure	on charitable		activities
Rates and water					680	961
Light and heat					5,532	4,581
Repairs and	maintenance				9,205	1,631
Insurance					1,083	1 133
Legal and professional		fees			2,264	2,143
Other office costs						6
Depreciation					132	155
Subscriptions					182	179
					19,078	10,789
Total expenditure					19,708	11,378
Net gainsf(losses) on		investments
Gains/(losses)	on listed	investments			12,486	(3,095)
Net income					26,723	17,455

				2021	2020
				8	6
Costs of raising donations and legacies
Costs of raising donations and legacies- Donations
Donations -Use of restricted fund income to support			residents	630	589
Costs of raising donations and legacies				630	589
Expenditure	on charitable activities
Charitable	Activities-Provision ofAlmshouses
Activities undertaken directly
Almshouse	costs - rates &water			680	961
Almshouse	costs —light 8 heat			5,532	4,681
Almshouse	costs - repairs 8 maintenance			9,205	1,631
Almshouse	costs - insurance			1,083	1,133
Almshouse	costs - depreciation			132	155
				16,632	8,461
Governance	costs
Governance	costs - accountancy fees			1,400	1,000
Governance	costs —legal and other professional	fees		864	1,143
Governance	costs - other office costs
Governance	costs - subscriptions to Almshouse	Association		182	179
				2,446	2,328
Expenditure	on charitable activities			19,078	10,789