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|||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|
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|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|||||
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|||||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|
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||||||||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:|||||||||||
|~lu 04+
19B164CE14BF466||||||l~ Fl.ufhm(eu.|||||
|FPYTTrustees
Limited|||||F||k'tFR1%nited||||
|Trustee|||||Trustee||||||
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|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|
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||||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|
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|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|
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||||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|
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|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|
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|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|
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|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|
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||||||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|
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||||||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|
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||||||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|
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|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|
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