EAST BERGHOLT UNITED CHARITIES Reg. No. 208194
TRUSTEES REPORT 2021
The Trustees were told that our 2020 annual report, which has always been referred to in the past as the Chairman’s report, should be known as the Trustees report. Therefore it will now be known as the Trustees report.
Our Clerk invited comments from the Trustees to be included in this report but none were forthcoming, so in lieu of that situation the Chairman has once more done his best to compile it on their behalf.
This year has been a bit easier than the previous with the relaxing of the Covid rules and therefore compliant meetings in person were once again possible. Following a critique of our accounts for 2020 from our Independent Examiner, we will need to look at the points raised and see where we can improve and address them, for the best future of the Charities aims and purposes. Our accounts for the year 2021 have shown a very good recovery from the previous year, which was down, due to the Covid situation. So in spite of the adverse comments about our investments, sitting tight and awaiting recovery has proved to be rewarding. The cash assets we hold have risen approximately 21% on last years value due to prudent investments and patience, this would not be the case if they were placed on low return secured funds. All of the Charities assets were valued in 2020; this gives the Trustees an overall picture of our current standing so that future plans and decisions can be based on a true position. Essential maintenance has been carried out on the Almshouses in compliance with the Covid situation.
Some Quinquennial work at St Johns has been put on hold until the Covid situation improves but this is not critical work but needs attending to when the right circumstances prevail. A Quinquennial inspection will need to be carried out on Clarkes Cottages when the updating and essential work has been completed on No.2.
All the allotments are being used and have been a source of solace in these difficult Covid times, although rabbits can only, at best, be referred to as a mixed blessing when nibbling young plants.
The residents have come through the past year quite well, all things considered with no major problems to report other than sadly we lost one, Karl Maslin, who died unexpectedly but he was of a good age, having had a long life.
Now would be a good time to consider future projects that will stand the charity in good stead for its long term benefits and perhaps considering all its assets to see if there are any that can be improved upon.
Our thanks go to our Clerk for her efforts in getting us through another testing year in these unusual times that we are going through.
Rodney Moss Chairman
November 2021
| East Bergholt United Charities - Community Fund Account | East Bergholt United Charities - Community Fund Account | East Bergholt United Charities - Community Fund Account | East Bergholt United Charities - Community Fund Account | East Bergholt United Charities - Community Fund Account | East Bergholt United Charities - Community Fund Account | East Bergholt United Charities - Community Fund Account | East Bergholt United Charities - Community Fund Account | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Income | Yr ending30.9.20 | Yr ending30.9.21 | ||||||||
| Openingbalance | £91,790.53 | £120,103.69 | ||||||||
| Investment dividends:- | ||||||||||
| NAACIF (M&G) | £630.49 | £630.48 | ||||||||
| CoiF | £498.93 | £508.98 | ||||||||
| Accom contributions | £32,740.00 | £32,780.00 | ||||||||
| Water rates | £2,077.58 | £1,118.72 | ||||||||
| Land Rents | £2,825.00 | £2,715.00 | ||||||||
| Allotment rents | £862.52 | £897.50 | ||||||||
| Wayleave for overheadpowe | £98.82 | £140.67 | ||||||||
| Total income | £39,733.34 | £38,791.35 | ||||||||
| Expenditure | ||||||||||
| Quinquennial (StJohn's) | £1,809.72 | £0.00 | ||||||||
| Almshouses - | ||||||||||
| Central heating- various | £170.34 | £747.60 | ||||||||
| Various repairs | £1,458.65 | £2,769.08 | ||||||||
| Anglia Water -houses | £1,469.14 | £1,412.51 | ||||||||
| TV Licence | £15.00 | £22.50 | ||||||||
| Insurance | £815.79 | £815.79 | ||||||||
| M&G ERF investment | £2,061.00 | £0.00 | ||||||||
| Allotments - Anglia Water | £326.54 | £206.14 | ||||||||
| Grass cutting | £615.00 | £517.50 | ||||||||
| Clerk remuneration | £2,500.00 | £2,500.00 | ||||||||
| NAA subs/Fees | £179.00 | £182.00 | ||||||||
| Hall Hire | £0.00 | £12.00 | ||||||||
| Valuations | £0.00 | £4,920.00 | ||||||||
| Total expenditure | £11,420.18 | £14,105.12 | ||||||||
| Published Closing balance | £120,103.69 | 144,789.92 | ||||||||
BUDGET
£630.00 £500.00 £33,000.00 £2,000.00 £3,000.00 £900.00 £98.00 £2,000.00 £5,000.00 £2,500.00 £1,500.00 £22.00 £850.00 £0.00 £350.00 £750.00 £2,500.00 £200.00 £48.00 £0.00
East 8e holt Unfted Charltles R . No. 208194 Financial Statement for year endin8 30 September 2021 Commun Income Account 2021 2020 Ex enditur 2021 2020 Maintenance 32780 Allotments 898 Land rents 2715 Wayleaves 141 Investments 1139 Resident water 1119 38792 32740 863 2824 99 1129 Heating Repairs 2769 TV Licences 22 Insurance 816 Allotment mainL 518 Allotment water 206 Assoc Fee 182 Clerk 2500 Valuations 4920 Hall hire 12 Resident water 1413 Investment uin uennial 170 1458 15 816 615 327 179 2500 39733 1469 2061 1810 11420 14106 Surplus/Deficit For period 24686 28313 Moneta Reserves Bal c/f Surplus/Deficit 120104 24686 144790 91791 28313 120104 Bank Community A/c 144790 120104 Bank other Premium I Premium 2 2931 257 2931 257 Shares Income Accumulation 35134 777516 960628 30350 639157 792799 Pro Assets 9 Almshouses 7plots fl d oss Chaiman Date 1,2.22 Mr N Thomas Indgpendent Examlner