## |||Page|| |---|---|---|---| |Reference and Administrative
Details|||| |Report ofthe Trustees|2|to|3| |Independent
Examiner's Report|||| |Statement ofFinancial Activities|||| |Balance Sheet|||| |Notes to the Financial Statements|7|to|12| |Detailed Statement ofFinancial Activities||13|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||FOR|THE YEAR E|NDED 31MA|RCH 2021||| |---|---|---|---|---|---|---|---|---| ||||||||2021|2020| |||||Unrestricted|Restricted|Endowment|Total|Total| |||||funds|funds|fund|funds|funds| ||||Notes||||g|| |INCOME AND||||||||| |ENDOWMENTS|FROM|||||||| |Residents
maintenance
contributions
Investment
income||||62,205
16,151|||62,205
16,151|51,246
16,247| |Total||||78,356|||78,356|67,493| |EXPENDITURE|ON|||||||| |Charitable
activities
Operating
costs||||33,664|||33,664|64,621| |Net gains/(losses)
investments|on|||(6,764)|||(6,764)|1,922| |NKT INCOME||||37,928|||37,928|4,794| |RECONCILIATION||OF||||||| |FUNDS||||||||| |Total funds brought||forward||507,801||675,586|1,183,387|1,178,593| |TOTAL FUNDS
FORWARD|CARRIED|||545,729||675,586|1,221,315|1,183,387| ## |||||BALANCE SHEET
31MARCH 2021||| |---|---|---|---|---|---|---| ||||||2021|2020| |||||Notes||| |FIXEDASSETS||||||| |Tangible assets
Investments|||||675,586
26,728|675,586
27,097| ||||||702,314|702,683| |CURRENT ASSETS||||||| |Debtors||||9|791|704| |Investments||||10|503,298|469,693| |Cash at bank|||||17,472|12,364| ||||||521,561|482,761| |CREDITORS||||||| |Amounts
falling due||within one year|||(2,560)|(2,057)| |NKT CURRENT|ASSETS||||519,001|480,704| |TOTAL ASSETSLESS CURRENT||||||| |LIABILITIES|||||1,221,315|1,183,387| |NET ASSETS|||||1,221,315|1,183,387| |FUNDS||||13||| |Unrestricted
funds:||||||| |General fund|||||15,177|10,485| |Capital Fund
Cyclical Maintenance
Extra Ordinary
Repair|||Fund
Fund||27,254
171,968
107,989|27,623
154,204
99,342| |Grant Redemption||Fund|||223,341|216,147| ||||||545,729|507,801| |Endowment
funds|||||675,586|675,586| |TOTAL FUNDS|||||1,221,315|1,183,387| ## ## ## ## ## ## ## ## ## ## ## ## ## |RESIDENTS MAINTENANCE|CONTRIBUTIONS|2021|2020| |---|---|---|---| |||g|| |||62,205|57,238| |Resident maintenance|||(5,992)| |Losses f'rom voids etc|||| |||62,205|51,246| |INVESTMENT INCOME||2021|2020| |||f|| |||16,145|16,229| |Investmentincome||6|18| |Interest receivable|||| |||16,151|16,247| ## ## |There were no trustees'
expenses paid for the yea|There were no trustees'
expenses paid for the yea|r ended 31March|2021 nor for the|year ene|.| |---|---|---|---|---|---| |COMPARATIVES FORTHE STATEMENT||OF FINANCIAL
Unrestricted|ACTIVITIES
Restricted|Endowment|Total| |||funds|funds|fund|funds| |||g|g||| |INCOME AND ENDOWMENTS FROM|||||| |Residents
maintenance
Investment
income|contributions|51,246
16,247|||51,246
16,247| |Total||67,493|||67,493| |EXPENDITURE ON|||||| |Charitable
activities
Operating
costs||64,621|||64,621| ||COMPARATIVES FOR|COMPARATIVES FOR|THK STATEMENT|OFFINANCIAL|ACTIVITIES -continued|ACTIVITIES -continued|| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Endowment|Total| |||||funds|funds|fund|funds| ||||||6||| ||Net gains on investments|||1,922|||1,922| ||NET INCOME|||4,794|||4,794| ||RECONCILIATION|OF|FUNDS||||| ||Total funds brought|forward||503,007||675,586|1,178,593| ||TOTAL FUNDS CARRIED FORWARD|||507,801||675,586|1,183,387| |7.|TANGIBLE FIXED|ASSETS|||||| ||||||||Freehold| ||||||||property| ||COST||||||| ||At 1 April 2020 and 31March 2021||||||675,586| ||NKT BOOK VALUE||||||| ||At 31March 2021||||||675,586| ||At 31March 2020||||||675,586| |8.|FIXEDASSETINVESTMENTS||||||| ||||||||Unlisted| ||||||||investments| ||MARKET VALUE||||||| ||At 1 April 2020||||||27,097| ||Revaluations||||||(369)| ||At 31March 2021||||||26,728| ||NKT BOOK VALUE||||||| ||At 31March 2021||||||26,728| ||At 31March 2020||||||27,097| ||There were no investment||assets outside the UK.||||| ||Cost or valuation
at 31March 2021 is represented|||by:|||| ||||||||Unlisted| ||||||||investments| ||||||||I| ||Valuation
in 2020||||||115| ||Valuation
in 2021||||||(369)| ||Cost||||||26,982| ||||||||26,728| ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |Prepayments||||||791|704| |CURRENT ASSET|||INVKSTMKNTS||||| |||||||2021|2020| ||||Purchase||Units|Market|Market| |Cyclical Maintenance
Fund
Extra Ordinary
Repairs Fund
Grant Redemption
Fund||||168,101
105,074
215,879|127,558
80,082
165,627|171,968
107,989
223,341|154,204
99,342
216,147| |||||489,054|373,267|503,298|469,693| |CREDITORS: AMOUNTS FALLING DUE WITHIN ONE|||||YEAR||| |||||||2021|2020| |Sundry creditors||||||2,560|2,057| |ANALYSIS OFNKT ASSETS BETWEEN||||FUNDS|||| |||||||2021|2020| ||||Unrestricted|Restricted|Endowment|Total|Total| ||||funds|funds|fund|funds|funds| ||||f||||f| |Fixed assets|||||675,586|675,586|675,586| |Investments|||26,728|||26,728|27,097| |Current assets|||521,561|||521,561|482,761| |Current
liabilities|||(2,560)|||(2,560)|(2,057)| ||||545,729||675,586|1,221,315|1,183,387| |MOVKMKNT IN||FUNDS|||||| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 1.4.20|in funds|funds|31.3.21| |Unrestricted
funds|||||||| |General fund||||10,485|44,692|(40,000)|15,177| |Capital Fund
Cyclical Maintenance
Fund
Extra Ordinary Repair Fund
Grant Redemption
Fund||||27,623
154,204
99,342
216,147|(369)
7,764
(1,353)
(12,806)|10,000
10,000
20,000|27,254
171,968
107,989
223,341| |||||507,801|37,928||545,729| |Endowment
funds|||||||| |Endowment
Fund||||675,586|||675,586| |TOTAL FUNDS||||1,183,387|37,928||1,221,315| ## ## ## ||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| ||||resources|expended|losses|in funds| |Unrestricted
funds||||||| |General fund|||78,356|(33,664)||44,692| |Capital Fund
Cyclical Maintenance
Extra Ordinary
Repair||Fund
Fund|||(369)
7,764
(1,353)|(369)
7,764
(1,353)| |Grant Redemption|Fund||||(12,806)|(12,806)| ||||78,356|(33,664)|(6,764)|37,928| |TOTAL FUNDS|||78,356|(33,664)|(6,764)|37,928| ||||||Net|| |---|---|---|---|---|---|---| ||||||movement|At| |||||At 1.4.19|in funds|31.3.20| |||||f,||| |Unrestricted|funds|||||| |General fund||||7,613|2,872|10,485| |Capital Fund
Cyclical Maintenance
Fund
Extra Ordinary
Repair Fund
Grant Redemption
Fund||||27,508
153,870
98,920
215,096|115
334
422
1,051|27,623
154,204
99,342
216,147| |||||503,007|4,794|507,801| |Endowment|funds|||||| |Endowment|Fund|||675,586||675,586| |TOTAL FUNDS||||1,178,593|4,794|1,183,387| |Comparative
net m|ove|ment
in funds, inc|luded
in the above are a|s follows:||| |---|---|---|---|---|---|---| ||||Incoming|Resources|Gains and|Movement| ||||resources|expended|losses|in funds| |Unrestricted
funds||||||| |General fund|||67,493|(64,621)||2,872| |Capital Fund
Cyclical Maintenance
Fund
Extra Ordinary
Repair Fund
Grant Redemption
Fund|||||115
334
422
1,051|115
334
422
1,051| ||||67,493|(64,621)|1,922|4,794| |TOTAL FUNDS|||67,493|(64,621)|1,922|4,794| ## ## ## |||||FORTHEYEAR ENDED 31MARCH 2021||| |---|---|---|---|---|---|---| ||||||2021|2020| |||||||8| |INCOME AND ENDOWMENTS||||||| |Residents
maintenance
Resident maintenance
Losses trom voids etc|contributions||||62,205|57,238
(5,992)| ||||||62,205|51,246| |Investment
income
Investment
income|||||16,145
6|16,229
18| |Interest receivable||||||| ||||||16,151|16,247| |Total incoming resources|||||78,356|67,493| |EXPENDITURE||||||| |Charitable
activities
Rates and water
Insurance|||||2,831
2,367
71|2,823
2,643
196| |Sundry expenses
Management
fees
Unidial charges
Stair lift maintenance
Service charges
National association ofalmshouses|||||7,200
1,830
8,192
3,581
216
19|7,200
1,830
1,353
3,328
210
15| |Ombudsman|||||398|32,909| |Repairs and maintenance|||||69|212| |Room hire||||||511| |Repairs -Electrical works|||||647|563| |Repairs -Fire protection
Repairs - Gas Fires
Repairs -Water
Independent
examiners||fee|||1,472
1,742
1,440
783|1,820
1,716
1,494
2,007| |Clerk's expenses|||||806|791| |Accountancy
and administration||||||3,000| |Professional
fees||||||| ||||||33,664|64,621| |Total resources expended|||||33,664|64,621| |Net income before gains and losses|||||44,692|2,872| |Realised recognised|gains and|||losses||| |Realised surplus/deficit
invesiments|||on fixed|asset|(6,764)|1,922| |Net income|||||37,928|4,794|