2020-12-31-accounts

		Page
Trustees' report		2-6
Statement ofTrustees'	responsibilities
Independent auditor's	report
Statement offinancial	activities	12
Balance sheet
Notes to the financial	statements	14-26

Trustees		FPYTTrustees Limited	FPYTTrustees Limited	FPYTTrustees Limited
Directors of FPYT Trustees	Ltd	C G Clough
		J D Leaver
		I Featherstone
		H LGreaves
		J K McGlone
		H RAshbee			Appointed	14January 2020
Charity number		209322
Principal address		27 Brooklands Crescent
		Yeadon
		Leeds
		LS19 7RS
National Association ofAlmshouses		Membership	number 163
Accountant		Naylor Wintersgill		Limited
		Carlton House
		Grammar School		Street
		Bradford
		BD14NS
Auditor		Garbutt & Elliott Audit Limited
		33 Park Place
		Leeds
		LS1 2RY
Bankers		CAF Bank Limited
		25 Kings Hill Avenue
		Kings Hill
		West Mailling
		Kent
		ME194JQ

				2020	2019
			Notes	F	F
Income from:
Charitable activities				271,778	259,831
Investments				63,393	78,572
Total income				335,171	338,403
Ex enditure on:
Charitable activities				300,078	264,536
Net income before other recognised		gains/(losses)		35,093	73,867
Other recognised	gains and losses
Actuarial loss on defined benefit pension scheme			19	(4,906)	(3,515)
Net gains/(losses)	on investments		11	(210,523)	293,162
Net movement in	funds			(180,336)	363,514
Fund balances at 1 January 2020				3,433,130	3,069,616
Fund balances at	31 December 2020			3,252,794	3,433,130

							2020		2019
					Notes		F
Fixed assets
Tangible assets					12			817,308		854,740
Investments					13		1,908,421			2,118,944
							2,725,729			2,973,684
Current assets
Debtors					14	207,455			137,961
Cash at bank and	in	hand				535,388			503,519
						742,843			641,480
Creditors: amounts		falling		due within	15
one year							(88,397)		(45,434)
Net current assets								654,446		596,046
Total assets less	current		liabilities				3,380,175			3,569,730
Creditors: amounts		falling		due after	17
more than one year										(5,400)
Provisions for liabilities					19		(127,381)			(131,200)
Net assets							3,252,794			3,433,130
Income funds
Unrestricted funds:
Designated funds					20	982,536			1,017,266
General unrestricted		funds				2,270,258			2,415,864
							3,252,794			3,433,130
							3,252,794			3,433,130
The accounts were approved				by the Trustees on 27 July		2021
DccuSigned by:
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FPYTTrustees Limited					F		k'tFR1%nited
Trustee					Trustee

Freehold	buildings	2%straight	line basis
Leasehold	buildings	2%straight	line basis
Freehold	improvements	5%straight	line basis
Fixtures and fittings		5%and 10%straight		line basis

			Unrestricted	Unrestricted
			funds	funds
			2020	2019
			F	F
Income from	listed investments		62,895	78,105
Interest receivable			498	467
			63,393	78,572
Charitable activities
			Unrestricted Unrestricted
			funds	funds
			2020	2019
			F
Depreciation	and impairment		37,432	37,443
Almshouse management costs			61,021	58,545
Light, heat and power			31,728	25,569
Extraordinary	repairs		49,443	32,384
Repairs and	renewals		32,027	28,731
Boiler maintenance			6,710	6,631
Ground rent	and water	charges	12,682	10,643
Insurance			6,045	6,068
Call centre			6,523	6,238
Gardening			23,219	20,044
Cleaning			6,776	8,057
Printing, postage and		stationery	1,155	590
			274,761	240,943
Grant funding	ofactivities (see note 6)		2,000
Share of Support costs (see note 7)			12,277	12,380
Share of Governance		costs (see note 7)	11,040	11,213
			300,078	264,536
Analysis by	fund
Unrestricted	funds		300,078	264,536
			300,078	264,536

Grants payable
					2020f	2019 F
Grants to institutions:
Avsed					2,000
Support costs
	Support	Governance	2020	Support	Governance	2019
	costs	costs		costs	costs
	f	F	F	f	F
Subscriptions	543		543	447		447
Sundry expenses	2,080		2,080	900		900
Bank charges	75		75	88		88
Accountancy	4,829		4,829	6,195		6,195
Trust Secretary	4,750		4,750	4,750		4,750
Audit fees		4,160	4,160		4,000	4,000
Trustees' travel and
meeting costs		1,830	1,830		2,148	2,148
Trust Secretary		4,750	4,750		4,750	4,750
Accountancy		300	300		315	315
	12,277	11,040	23,317	12,380	11,213	23,593
Analysed between
Charitable activities	12,277	11,040	23,317	12,380	11,213	23,593

			Unrestricted	Total
			funds
			2020	2019
			F	F
Revaluation	of	investments	(210,523)	293,162

Tangible fixed assets
		Freehold	Leasehold	Freehold	Fixtures and	Total
		buildings	buildings	improvements	fittings
Cost
At 1 January 2020		78,675	237,334	312,668	527,224	1,155,901
At 31 December 2020		78,675	237,334	312,668	527,224	1,155,901
Depreciation and impairment
At 1 January 2020				57,321	243,840	301,161
Depreciation charged	in the year			15,633	21,799	37,432
At 31 December 2020				72,954	265,639	338,593
Carrying amount
At 31 December 2020		78,675	237,334	239,714	261,585	817,308
At 31 December 2019		78,675	237,334	255,347	283,384	854,740

Fixed asset investments
	Listed
	investments
Valuation
At 1 January 2020	2,118,944
Valuation changes	(210,523)
At 31 December 2020	1,908,421
Carrying amount
At 31 December 2020	1,908,421
At 31 December 2019	2,118,944

Debtors
		2020	2019
Amounts falling due within one year:		F	F
Trade debtors		2,379	2,308
Other debtors		201,595	115,930
Prepayments	and accrued income	3,481	19,723
		207,455	137,961

Creditors: amounts falling due within	one year
		2020	2019
	Notes	F	F
Grants payable		5,400	5,400
Deferred income	18	1,303	1,889
Trade creditors		3,688	5,813
Other creditors		12,826
Accruals		65,180	32,332
		88,397	45,434

					2020	2019
					F	F
	Grants payable				5,400	10,800
	Payable within	one year			5,400	5,400
	Payable after one year					5,400
17	Creditors: amounts		falling due after more than one year
					2020	2019
					F	F
	Grants payable					5,400
18	Deferred income
					2020	2019
					F
	Other deferred	income			1,303	1,889
	Deferred income brought			forward	1,889
	Rents released	to income		in year	(1,889)
	Rents paid in advance				1,303	1,889
	Deferred income carried			forward	1,303	1,889

					2020	2019
					F	F
Liabilities	at	1 January 2020			131,200	136,375
Benefits	paid				(8,725)	(8,690)
Actuarial	losses				4,906	3,515
At 31 December			2020		127,381	131,200
The defined		benefit obligations		arise from plans funded as follows:
					2020	2019
					F	F
Wholly unfunded			obligations		127,381	131,200

					Movement	in funds				Movement	in funds
		Balance at		Incoming	Resources	Transfers	Revaluations,	Balance at	Incoming	Resources	Transfers	Revaluations,	Balance at
		1 January	2019	resources	expended		gains and1	January 2020	resources	expended		gains and	31 December
							losses					losses	2020
Fixed Asset Fund		892,183			(37,443)			854,740		(37,432)			817,308
Property
Maintenance
Fund		141,716				(141,716)
Property
Alteration	Fund		7,332			(7,332)
Extraordinary
Repairs Fund					(32,384)	61,140		28,756		(49,443)	22,352		1,665
Cyclical
Maintenance
Fund					(8,009)	100,034		92,025		(7,622)	36,564		120,967
Routine
Maintenance
Fund					(27,353)	69,098		41,745		(24,405)	25,256		42,596
		1,041,231			(105,189)	81,224		1,017,266		(118,902)	84,172		982,536
General funds		2,028,385		338,403	(159,347)	(81,224)	289,647	2,415,864	335,171	(181,176)	(84,172)	(215,429)	2,270,258
Total funds		3,069,616		338,403	(264,536)		289,647	3,433,130	335,171	300,078		(215,429)	3,252,794

21	Analysis of	net assets	between	funds
			General		Designated	Total	General	Designated	Total
				funds	Funds		funds	Funds
				2020	2020	2020	2019	2019	2019
	Fund balances at 31
	December 2020 are
	represented	by:
	Tangible assets				817,308	817,308		854,740	854,740
	Investments		1,908,421			1,908,421	2,118,944		2,118,944
	Current assets/
	(liabilities)		489,218		165,228	654,446	433,520	162,526	596,046
	Long term liabilities						(5,400)		(5,400)
	Provisionsand
	pensions		(127,381)			(127,381)	(131,200)		(131,200)
			2,270,258		982,536	3,252,794	2,415,864	1,017,266	3,433,130