| T OF FINANCIAL ACTIVITIES | FORTHE YEARTO | 31STDECEMBER | 2021 | |
|---|---|---|---|---|
| 2021 | ||||
| INCOMING RESOURCES | ||||
| Weekly Maintenance Charges receivable |
23,472 | |||
| Interest receivable and other income (note 5) |
16,076 | |||
| 39,548 | ||||
| RESOURCES EXPENDED | ||||
| Services | ||||
| Heat and light | 150 | |||
| Apportionment from management |
1,869 | |||
| 2,019 | ||||
| Management | ||||
| N.A.A. subscription | 182 | |||
| General | 548 | |||
| Caretaker | 480 | |||
| Property insurance |
1340.09 | |||
| Water rates | 1,339 | |||
| Apportionment to services |
-1,869 | |||
| 2,019 | ||||
| Maintenance | ||||
| Gardens and allotments | 3,247 | |||
| Cottages - routine repair and maintenance | 4,773 | |||
| Cottages - refurbishment | 0 | |||
| 8,019 | ||||
| 12,058 | ||||
| Net (loss)/income before investment |
gains | 27,490 | ||
| Net (losses)/gains on investments |
24,993 | |||
| NET MOVEMENT IN FUNDS | 52,483 | |||
| Total funds brouglrt forward |
269,414 | |||
| TOTAL FUNDS CARRIED FORWARD | 321,897 |
| 2020 | 2021 | |||||
| f. | ||||||
| FIXEDASSETS | ||||||
| 79,323 | Freehold housing properties | at cost (note 2) | 79,323 | |||
| 148,242 | Investments (note 3) |
173,235 | ||||
| 227,565 | TOTAL FIXEDASSETS | 252,558 | ||||
| CURRENT ASSETS | ||||||
| 0 | Debtors (note 7) | 0 | ||||
| !3,408 | Cash at bank and in hand | 41,113 | ||||
| 29,276 | Charities deposit fund |
29,280 | ||||
| 42,684 | 70,393 | |||||
| CURRENT LIABILITIES | ||||||
| 652 | Creditors - amounts falling |
due within one year (note 8) | 652 | |||
| 183 | Sundry Creditors | 402 | ||||
| 835 | 1,054 | |||||
| 41,849 | NET CURRENT ASSETS | 69,339 | ||||
| 269,414 | TOTAL ASSETSLESSCURRENT LIABILITIES | 321,897 | ||||
| FUNDS OF THE CHARITY | ||||||
| Unrestricted funds: |
||||||
| 16,046 | investment reva1uation |
reserve (note 10) | 19,344 | |||
| 124,327 | Designated reserve (note 9) |
146,021 | ||||
| 129,042 | General | 156,532 | ||||
| 269,414 | 321,897 |
| The investments at |
31stD | ecember w | ere as | follows:— | ||||
|---|---|---|---|---|---|---|---|---|
| Market | Market | |||||||
| Cost | Value | Cost | Value | |||||
| 2021 | 2021 | 2020 | 2020 | |||||
| E | ||||||||
| General Fund | ||||||||
| 1,214.85 Charities | Official | Investment | Fund | 6,817 | 24,949 | 6,817 | 21,838 | |
| —income shares | ||||||||
| 2,485 National Association |
ofAlmshouses | Investment | ||||||
| Fund - income | shares | 1,053 | 2,265 | 1,053 | 2,078 | |||
| 7,870 | 27,214 | 7.870 | 23,916 | |||||
| Extraordinary lvlaintenanre |
Fund | |||||||
| 602.96Charities Official Investment | Fund | |||||||
| -accumulation | shares | 6,762 | 146,021 | 6,762 | 124,327 | |||
| Total investments | 14,632 | 173,235 | 14,632 | 148,242 |
| INTEREST RECEIVA | BLE AND OTHER INCOME | ||
|---|---|---|---|
| 2021 | 202G | ||
| ABotment rents | 341 | 302 | |
| Donation from Sunning | Fire Brigades Trust | 15,000 | G |
| Other donation | 5 | 0 | |
| Interest on Charities deposit fund | 3 | 77 | |
| Investment income |
724 | 717 | |
| Bank deposit interest | 2 | 20 | |
| 16,076 | 1,115 |
| 7 | DEBTORS | DEBTORS | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| 6 | ||||||
| Amounts | faRing due within one year: | |||||
| Arrears | ofrents | |||||
| 8 | CREDITORS | —amounts | falling due within one year | |||
| 2021 | 2020 | |||||
| Rents in | advance | 652 | 652 | |||
| Accruals | 402 | 183 | ||||
| 1,054 | &35 |
| 2021 | 202G | |||||
|---|---|---|---|---|---|---|
| Balance at | beginning ofyear | 124,327 | 113,213 | |||
| Unrealised | surplus | on investment | revaluation | 21,694 | 11,114 | |
| Balance at | end of | year | 146,021 | 124,327 | ||
| 10 | INVESTMENT REVALUATION | RESERVE | ||||
| 2020 | 202G | |||||
| f. | ||||||
| Ba/ance at | beginning ofyear | 16,046 | 14,895 | |||
| Unrealised | surplus | on investment | revaluation | 3,298 | I,ISI | |
| Balance at | end of | year | 19,344 | 16,046 |