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2020-12-31-accounts

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3 MAINTENANCE
OF SITEAND PROPERTIES
MAINTENANCE
OF SITEAND PROPERTIES
MAINTENANCE
OF SITEAND PROPERTIES
MAINTENANCE
OF SITEAND PROPERTIES
MAINTENANCE
OF SITEAND PROPERTIES
2020 2019
E F
INCOME FUND
Maintenance
and general
upkeep 45,297 45,795
Landscaping,
gardening
and grounds 20,927 18,556
Light and heat 6,627 7,945
Rates and Insurance 19,622 19,102
Planning
Costs & Other
Prof fees (2,000) 2,353
90,473 93,751
CYCLICAL MAINTENANCE FUND
Quinquennial
Works & professional
fees 15,044 25,680
EXTRA-ORDINARY
REPAIR
FUND
Exceptional
repair works
8 Professional fees 31,878 29,721
ENDOWMENT
FUND
Amortisetion
of Colgate
Court 10,832 10,832
Amortisation
of Jubilee Cottages
21,664 21,664
32,496 32,496
TOTAL FUNDS 169,891 181,648
4 DIRECT WAGE COSTS & RESIDENTS'AMENITIES 2020 2019
E 6
Wages and national
insurance
41,543 36,923
Residents
Amenities
&Welfare
4,143 7,397
46686 44,886
5 OTHER RUNNING COSTS 2020 2019
Clerk's Salary 22,684 20,381
Telephone,
Postage and Stationery
2,010 1,495
National
Association ofAlmshouses
361 350
Sundry expenses 698 231
Office Equipment
& Computer
maintenance 1,113 328
Recruitment
& Training
451 515
Audit 2,760 2,688
Trustees'expenses 207 431
Financial services 10,437 9.694
Professional
fees
3,000
43,721 36,113

INVESTMENTS Market Interest/
Cost Value Dwidend
f f
Endowment
Fund
2.5% IndexLink TSYStock 2020 748
2 5% IndexLink TSYStock 2024 146,155 153,565 2,824
4.25% IndexLink TSYStock 2030
1.25% IndexLink TSYStock 2032
172,025
99,785
198,180
108,669
4,262
889
2% IndexLink TSYStock 2035 99,890 110,181 1,260
C.O.I.F, investment
income shares
—58,91550 750,004 1,381,128 38,620
BLKCharities
UK Equity Fund
- A 185,106 334,989 8,912
BLKChanties
UK Bond Fund -
Class A Inc 50,000 51,711 2,363
M&G Charity
Multi Asset Fund
25,828 137,756
General fund:
156.85 COIF Accum
Shares (
2002: Cost F3,000) 3,000 32,341
TOTALINVESTMENTS 1,531,793 2,508,520 59,878
SUMMARY OF MOVEMENTS IN YEAR
Market value at 1stJanuary 2020 2,288,650
Purchases
in the year
249,267
Sales in the year - proceeds (98,240)
Realised Loss (507)
Unrealised
gain
100,084
Unrealised
losses
(30,734)
Market value at 31stDecember 2020 2,508,520
avadable
for sale
This is considered
by the Trustees to be a r easonable
e
stimate ofthe value of tha t land.
Jubilee Other
Flats
f
Cottages Cottages
f
Land
f
Total
f
COST OR VALUATION
At 1st January
2020
Cost during
the year
674,629 2,384,226 1,299,717 14,789 4,373,36't
0
At 31stDecember 2020 674,629 2,384,226 1,299,717 14,789 4,373,361
AMORTISATION
At 1st January
2020
Provision
in year
25'l,873
10,832
2,384,226 184,116
21,664
2,820,215
32496
At 31stDecember 2020 262,705 2,384,226 205,780 2,852,711
NET BOOK VALUE
At 31st December 2020 411,924 1,093,937 14,7&9 1,520,650
At 31stDecember 2019 422,756 1,115,601 14,789 1,553,146

8 DEBTORS 2020 2019
f
Interest accrued on investments 15,077 12,270
Rates and Insurance
proportion
applicable to 2020 6,576 6,666
Prepayments
—WMC and HB Amenity
Benefits 932 613
Interest receivable 215 320
22,800 19,869
9 CASH AT BANK AND CASH EQUIVALENTS 2020
f
2019
F
Cash at bank 141,455 229,624
Cash equivalents 181,197 179,660
322,652 409,284
10 CREDITORS 2020 2019
f E
Amounts
falling due within
one year
Audit and accountancy
2020, including
Maintenance
prowsion/Housing
benefit
VAT
in advance
2,600
2,050
2,800
3,731
Gardening
&Grounds
1,350 1,350
Light & Heat 8 Phone
Rates and Insurance
460
120
1,746
250
Repairs and Maintenance 1,117
HMRC 1,624 1,167
Legal and professional 8,000
Fmancial services 994 1,416
Residents
amenities
400 500
Office Equipment
& Sundries
608 171
CMF repairs 7,433
18,956 21,133

11 EXTRAORDINARY
REPAIR
FUND 2020 2019
YEAR ENDED 31STDECEMBER 2020 6 5
Fund at 1stJanuary 2020 12,569 2,290
Transfer
in the year
40,000 40,000
Withdrawn
during the year
(31,878) (29,721)
Fund at 31stDecember 2020 20,691 12,569
REPRESENTED BY
Various cash deposits 20,691 12,569
12 CYCLICAL MAINTENANCE FUND 2020 2019
YEAR ENDED 31STDECEMBER 2020 5 f
Fund as at 1stJanuaiy 2020 17,086 14.766
Transfer
in the year
29,000 28,000
Expenditure
in the year
(15,044) (25,680)
Fund at 31stDecember 2020 31 042 17,000
REPRESENTED BY:
Vanous cash deposits 31,042 17,086

Financial Assets 2020 2019
Financial assets measured at fair value through the SOFA 2,508,520 2,288,650