2021-03-31-accounts

				Page
Reference and Administration Details
Report ofthe Trustees				2to4
Independent Auditor's	Report			5 to 8
Statement ofFinancial		Activities
Statement ofFinancial		Position		10
Notes to the Financial	Statements			11 to 17
Income and Expenditure		Account —The College		18
Income and Expenditure		Account —Stonehouse	Yard	19

			2021	2020
	Notes
INCOME AND ENDOWMENTS FROM:
Charitable activities			208,674	201,758
Investments			107	551
Total			208,781	202,309
EXPENDITURE ON:
Charitable activities			131,334	169,714
Total			131,334	169,714
NET INCOME/(EXPENDITURE)			77,447	32,595
OTHER RECOGNISED GAINS AND
LOSSES: Gains/(losses) on investment	assets		20,450	~24)
NET MOVEMKNT IN FUNDS			97,897	32,571
RECONCILIATION OF	FUNDS:
Total funds brought forward			1,224,999	1,192,428
TOTAL FUNDS CARRIED FORWARD			1,322,896	1,224,999
CONTINUING OPERATIONS
All income and expenditure	has arisen from continuing	activities.

		2021	2020
	Notes		f
FIXEDASSETS
Housing properties	9	975,985	993,757
Other property	9	37,200	37,200
Investments	10	103,571	83,121
		1,116,756	1,114,078
CURRENT ASSETS
Stocks	11	4,745	4,745
Debtors	12	2,300	2,300
Cash at bank and in hand		222,594	239,311
		229,639	246,356
CREDITORS
Amounts falling due within one year	13	(23,499)	(28,174)
NET CURRENT ASSETS		206,140	218,182
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,322,896	1,332,260
CREDITORS
Amounts falling due atter one year	14		(107,261)
NET ASSETS		1,322,896	1,224,999
FUNDS
Unrestricted funds		1,322,896	1,224,999
TOTAL FUNDS		1,322,896	1,224,999

INCOME FRO	M CHARITABLE ACTIVITIES
		2021	2020
Accommodation	charges and guest flat rent	206,374	199,418
Farmland rental		2,300	2,300
Leaflet sales			40
		208,674	201,758

				2021	2020
Warden expenses				6,782	7,662
Insurance				4,815	4,700
Auditors' remuneration		for auditing	the accounts	3,010	2,990
Electricity				29,515	24,572
Fuel oil				9,218	13,164
Water and sewage				7,612	8,315
Telephone				985	1,034
Cleaning				4,925	1,850
Subscriptions	and donations			970	981
Wages				10,169	13,000
Administration	costs			1,121	797
Repairs and maintenance				19,338	50,441
Gardening and	path maintenance			8,982	9,225
Catering				1,189	2,130
Depreciation				17,772	17,772
Leaflet costs					26
Interest payable				4,931	11,055
				131,334	169,714

				2021	2020
Charities Official	Investment Fund			20,450	~24)
NKT INCOME/EXPENDITURE
The net movement	in resources is stated aller charging:
				2021	2020
Auditors' remuneration		for auditing	the accounts	2,000	1,990
Auditors' remuneration		for non-audit	services	1,010	1,000
Staffcosts				10,169	13,000
Depreciation				17,772	17,772

TANGIBLE FIXEDASSETS
		Stonehouse
	College	Yard	Freehold
	buildings	buildings	farmland	Totals
COST
At 1stApril 2020 and at
31stMarch 2021	332,121	888,623	37,200	1,257,944
DEPRECIATION
At 1stApril 2020		226,987		226,987
Charge for year		17,772		17,772
At 31stMarch 2021		244,759		244,759
NET BOOKVALUE
At 31stMarch 2021	332,121	643,864	37,200	1,013,185
At 31stMarch 2020	332,121	661,636	37,200	1,030,957

		Stonehouse
	College	Yard	Freehold
	buildings	buildings	farmland	Totals
		f.
Gross cost	731,398	1,840,196	37,200	2,608,794
Grants received	~399,277)	~951,573)		11,350,8503
Net cost	332,121	888,623	37,200	1,257,944

10.	FIXEDASSET INVKSTMKNTS	FIXEDASSET INVKSTMKNTS
					Listed
					Investments
	MARKET VALUE
	At 1stApril	2020			83,121
	Revaluation				20,450
	At 31st March 2021				103,571
	The original	cost ofthe fixed asset investments	isf10,172(2020 - f10,172).
11.	STOCK
				2021	2020
				f.
	Leaflets			4,745	4,745
12.	DEBTORS:AMOUNTS FALLING DUK WITHIN ONE YEAR
				2021	2020
	Prepayments	and accrued income		2,300	2,300
13.	CREDITORS: AMOUNTS FALLING DUK		WITHIN ONE YEAR
				2021	2020
	Bank loan				9,276
	Other creditors			23,499	18,898
				23,499	28,174
14.	CREDITORS: AMOUNTS FALLING DUK		AFTER ONE YEAR
				2021	2020
	Bank loan				107,261

			2021	2020
INCOME
Accommodation		charges and guest flat rent	65,970	61,334
EXPENDITURE
Warden expenses			2,353	2,354
Insurance			1,579	1,467
Auditors'	remuneration		1,015	997
Electricity			3,168	3,822
Fuel oil			9,218	13,164
Water and	sewage		1,537	1,542
Telephone			143	144
Cleaning			1,829	445
Administration		charges	4,194	4,676
Repairs and maintenance			3,913	33,803
Gardening	and	path maintenance	4,136	4,358
Catering			442	710
Total			33,527	67,482
NKT INCOME/(EXPENDITURE)			32,443	~6,148)

	2021	2020
INCOME
Accommodation charges	140,404	138,084
EXPENDITURE
Warden expenses	4,429	5,308
Insurance	3,236	3,233
Auditors' remuneration	1,995	1,993
Electricity	26,347	20,750
Water and sewage	6,075	6,773
Telephone	842	890
Cleaning	3,096	1,405
Subscriptions and donations	970	981
Administration charges	7,096	9,121
Repairs and maintenance	15,425	16,638
Gardening and path maintenance	4,846	4,867
Catering	747	1,420
Depreciation	17,772	17,772
Total	92,876	91,151
NET INCOME/(EXPENDITURE)	47,528	46,933