| In addition | to the inform | ation shown on the previo |
us page, the Trustees who served during t |
|---|---|---|---|
| Councillor | M G Cooper | (Chairman) | Mrs KA Allen (Vice Chairman) |
| Mrs FEMarks | G Alldred | ||
| Mrs M C | Dovey (from | 28 August 2020) | Councillor JBurnage |
| SGeorge | (from 20 January 2021) | JPhilbin (from 20 January 2021) |
| Unrestricted | Restricted | Endowment | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | |||||
| Notes | 2020 | 2020 | 2020 | 2020 | 2019 | ||||
| Income from: | |||||||||
| Donations and |
legacies | 1,252 | 1,252 | ||||||
| Charitable activities |
2 | 25,204 | 25,204 | 24,76l | |||||
| Investments | 3 | 3,321 | 2,148 | 5,469 | 8,033 | ||||
| Total income | 29,777 | 2,148 | 31,925 | 32,794 | |||||
| Expenditure on: |
|||||||||
| Charitable activities |
4 | 20,417 | 20,417 | 37,870 | |||||
| Total expenditure | 20,417 | 20,417 | 37,870 | ||||||
| Net income/(expenditure) in investments |
before movements | 9,360 | 2,148 | 11,508 | (5,076) | ||||
| Net gains/(losses) | on investment | assets | 8 | (10,493) | l7,808 | (6,976) | 339 | 68,045 | |
| Net income/(expenditure) | (1,133) | 17,808 | (4,828) | 11,847 | 62,969 | ||||
| Transfers between |
funds | 10 | |||||||
| Net movement in |
funds | (1,133) | 17,808 | (4,828) | 11,847 | 62,969 | |||
| RECONCILIATION OF |
FUNDS | ||||||||
| Total funds brought | forward | 553,475 | 186,080 | 113,604 | 853,159 | 790,190 | |||
| Total funds carried forward | 10 | f552,342 | %203,888 | f,108,776 | RS65,006 | XS53,159 |
| 2020 | 2020 | 2019 | 2019 | |||
|---|---|---|---|---|---|---|
| Notes | ||||||
| FIXEDASSETS: | ||||||
| Freehold property | 375,000 | 375,000 | ||||
| Investments | 469,771 | 467,286 | ||||
| Total Fixed Assets | 844,771 | 842,286 | ||||
| CURRENT ASSETS: | ||||||
| Debtors | 1,397 | 1,134 | ||||
| Cash at bank | 21,268 | 13,079 | ||||
| 22,665 | 14,214 | |||||
| CREDITORS: amounts | falling | |||||
| due within one year | (2,430) | (3,340) | ||||
| NET CURRENT ASSETS | 20,235 | 10,873 | ||||
| NET ASSETS | K865,006 | X853,159 | ||||
| FUNDS | ||||||
| Endowment Fund |
108,776 | 113,604 | ||||
| Restricted Fund | 203,888 | 186,080 | ||||
| Unrestricted Funds |
552,342 | 553,475 | ||||
| Total Charity Funds |
10 | 6865,006 | 6853,159 |
| INCOME FROM CHARITABLE ACTIVITIES | INCOME FROM CHARITABLE ACTIVITIES | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Weekly maintenance | contributions | 19,656 | 19,278 | |
| Service charges | 4,536 | 4,482 | ||
| Heat and light recharged | ],012 | 1,001 | ||
| f25,204 | f24,761 | |||
| INVESTMENT | INCOME | |||
| 2020 | 2019 | |||
| Bank interest | 8 | 10 | ||
| Dividends (ofwhich 52,148(2019:anil) related to the Endowment | Fund) | 5,298 | 7,853 | |
| Investment interest |
163 | 170 | ||
| 65,469 | K8,033 | |||
| EXPENDITURE ON CHARITABLE ACTIVITIES | ||||
| 2020 | 2019 | |||
| Heat, light and water | 6,365 | 5,856 | ||
| Insurance | 1,196 | 1,215 | ||
| Repairs, maintenance | and service contracts | 6,712 | 4,317 | |
| Property refurbishment |
21,751 | |||
| Subscriptions &TV licences |
194 | 215 | ||
| Bequests | 91 | 91 | ||
| Sundries | 795 | 687 | ||
| Honoraria | 4,964 | 3,488 | ||
| Independent Examination |
100 | 250 | ||
| 620,417 | f37,870 |
| 6 | TANGIBLE FIXE | DASSETS | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Freehold property (nine |
units ofaccommodation) | |||
| Cost at 31 December and | 1 January | f375,000 | K375,000 | |
| 7 | CONTROLLING | PARTY |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Market value at | I January | 467,286 | 409,220 | ||||
| Additions at cost |
2,146 | 5,021 | |||||
| Disposals at carrying value |
(15,000) | ||||||
| Unrealised gain/(loss) in the year |
339 | 68,045 | |||||
| Market value at | 31 December | f469,771 | f467,286 | ||||
| Cost ofinvestments at 31 December |
5.177,822 | f175,676 | |||||
| Unrealised gains |
f291,949 | 5291,610 | |||||
| All investments | are held in | Charity Investment | Funds managed | either by CCLA or IFSL(for Charities | Aid Foundati | ||
| At 31 December | 2020, the | following | investments | formed more | than 5%ofthe total: | ||
| COIF Charities | Investment | Fund (Extraordinary | Repairs Fund) | 203,887 | 43.4% | ||
| CAF Investment | Fund (Unrestricted) | 157,108 | 33.4% | ||||
| CAF Investment | Fund (Permanent Endowment) |
108,776 | 23.2% | ||||
| f469,771 | 100.0% |
| ANALYSIS OF FUNDS | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |
| Funds | Fund | Fund | Funds | |
| 2020 | ||||
| Fixed assets | 532,107 | 203,888 | 108,776 | 844,771 |
| Bank and cash | 21,268 | 21,268 | ||
| Current Assets | 1,397 | 1,397 | ||
| Current Liabilities | (2,430) | (2,430) | ||
| f552,342 | X203,888 | f108,776 | f865,006 | |
| 2019 | ||||
| Fixed assets | 542,602 | 186,080 | 113,604 | 842,286 |
| Bank and cash | 13,079 | 13,079 | ||
| Current Assets | 1,134 | 1,134 | ||
| Current Liabilities | (3,340) | (3,340) | ||
| f553,475 | XI86,080 | XI I3,604 | F853,159 |