THE ROBERT COCKS ALMSHOUSE TRUST
FOR THE YEAR END
31st December 2021

cg E
I I I I

THE ROBERT COCKS ALMHOUSES TRUST, OLD BUCKENHAM
INCOfvIE AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
INCOME
Interest on Investments
Bank Deposit Interest
Resident Receipts
Miscellaneous IncomelDonations
3,001
3,182
48,057 46,750
40
TOTAL INCOME
51,558 49,972
EXPENDITURE
Repairs and Maintenance
Rates and Water Charges
Light & Heat
Insurance Premium
Llfe Ilne
Fire Extin8uishers
Association Fees
Accountancy Fees
TV Licensin8
Chrlstmas box & Honoraium to Almspeople
Sijndry Expenses
Written off
TOTAL EXPENDITURE
19,915
672
7,261
1,004
871
7,756
469
6,388
942
1,103
662
361
23
SCH)
48
30
500
190
30.293
18,400
NET INCOMEIEXPENDITURE FOR THE YEAR
21,264 31,573

THE ROBERTCOCK5 ALMHOUSES TRUST. OLD BUCKENHAM
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
INVESTMENTS
Income Shares (see note i)
Shares at Cost
Prlor Year unrealised revaluation
Current Year unrealised revaluation
Market Value at 31 Oecember
34,141
41,890
6,847
82,878
34,141
48.028
-6,138
76.031
CURRENT ASSETS
Cash and Bank Balan￿$
Community Account- 70095591
General Account- 20272795
85,316
3,821
6,064
62,059
6,953
4,925
Heating Account- 40272833
Roof Account- XXX
Scottlsh Widows Bank- 50488771078
Virgin Money Charlty Deposit Acc- 15035y-24422
TOTAL CURRENT ASSETS
95,203
73,939
CURRENT LIABILITIES
Creditors and Provisions
TOTAL CURRENT LIABILITIES
NET ASSETS
178,081
149,970
FUNDS OF THE CHARITY CONSISTS OF
Capitsl Fund (represented by investments)
Balance brought forward l January
Add transfer from income account
Add unrealised Investment Revaluation
76,031
82,169
6,847
82,878
-6,138
76,031
Balance carried forward at 31 December
Income Account
Balance brought forward at l January
Surplus / IDeficitl in year
Transfer to Capital Fund
Balance carried forward at 31De¢ember
73,938
21.264
42,365
31,573
95.202
73,938
TOTAL FUNDS
178,080
149,969

THE ROBERT COCKS ALMHOUSES TRUST, OLD BUCKENHAM
NOTES TOTHE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2021
1 The Trust owns freehold propety, in the name of thts Official Custodian for Charities, comprising land and a le￿ace
of len, one bedroomed Almshouses at Old Buckenham Norfolk. This asset is not recognised on the balance sheet.
The current insurance value of the freehold
ro
is recorded as bein
£943 530
2 Investrnenls held in the name of the Offical Trustee for Charities..
As at 31 December 2021
90,925 incorne shares in M&G Charity Mull Asset Fund (market value £82,878)
As at 31 December 2020
90,925 income shares in National Association of Amshouses common investment fund (market vatue £76,031)
During 2021 there have begn no changes lo the number of shares we hold in the M&G Charity Mutti Asset Fund.
Aarkets have continued their recovery durtng the year 8nd closed the year just ahead of pre pandemic levels.
Diwdend payfftenls have remained strong and we continue lo consider this portfolio a suitable haven for our capital.
3 The second year of the Pandemlc saw Trustees continue lo pul propety irnprovsmenls on the back bumer, partly to
save Residents unnÈca5S8ry contact and disturban￿, and partly to continue to save towards essential repairs to the
roof. Having said that we did uncover damage lo rainwater drains and, with surveys and remedial worf(s, spent in
excess of £14000. In addition we have now discovered a problem with foul waler drains al one propety an
invesligalions wll continue into next year. One resident left us in March and was Iransferred to a nursing home.
£2500 wa5 spent on redecoration and Carpeting to bring the propety back up to standard. A new resident W8S
appointed in June 2021 to fill that propety. The Trustees ￿s0 reviewed a healing rebate sch8me wo provided to
residents. This was Gonsidered unfair and from the end of 2021 we have wthdrawn that particular benefit and
reduced MMC by an equivalent amount but distributed equally lo all residents.
4 The accounts have been prepared on a rBceipt8 and payments basss effective from 2012. Th18 Is In accordance wth
the charity commision quidanc8 which stale8'.
'If your charity has a gross income of £250.000 or less and is not a company then you may be able to prepare
recai
Is and
enls accounts that
rovide a sim
le and flexible basis for accounts
re
aration.
We approve these 8¢counts and confimi Ihay we have made available all relevant records and information for Ihelr
preparation
IAtts Teth Hammond
CIMA
Honora
Inde
Mr Chris Talbot
endent Examiner
Trustee & Treasurer
Canon S Vvright
201
Trustee and Chair