| RECEIPTS AND PA | YMENT | S ACCOIJ | NT FORT | HK YEAR | ENDED 3 | 1STDECE | MBER20 |
|---|---|---|---|---|---|---|---|
| Cyclical | |||||||
| General | Utilities | M'tnce | Capital | Total | Total | ||
| Note | Fund | Fund | Fund | Fund | 2020 | 2019 | |
| RECEIPTS | |||||||
| Investment Income |
1,362 | 1,362 | 1,335 | ||||
| Interest received | 851 | 286 | 1,137 | 960 | |||
| Rent and Insurance received- | |||||||
| Market Place/Land at |
|||||||
| Lower Dagnall Street | 10,625 | 10,625 | 43,989 | ||||
| Contributions by Almspeople: - Maintenance |
46,691 | 46,691 | 45,167 | ||||
| Refund ofcouncil tax | 428 | ||||||
| Refund ofelectricity Output VAT on receipts |
1,425 2,125 |
1,425 2,125 |
8,798 | ||||
| 63,079 | 286 | 63,365 | 100,677 | ||||
| Bank transfers received |
35,054 | 35,054 | 30,000 | ||||
| Total Receipts | 98,133 | 286 | 98,419 | 130,677 | |||
| PAYMENTS | |||||||
| Payments in relation to Almshouses costs |
Charitable 2 |
activities: 7,082 |
6,822 | 13,904 | 11,278 | ||
| Establishment costs |
|||||||
| - Insurance | 1,353 | 1,353 | 1,489 | ||||
| Clerks fees and expenses | 5,284 | 5,284 | 5,307 | ||||
| Office rental | 1,352 | 1,352 | 1,350 | ||||
| Subscription | 179 | 179 | 349 | ||||
| Legal and professional Trustees insurance |
653 612 |
653 612 |
612 | ||||
| Tmstees expenses VAT consultancy fees Accountancy fee Sundry expenses Input VAT on payments Amounts paid to IIMRC |
ll 475 2,850 130 2, 197 8,403 |
ll 475 2,850 130 2,197 8,403 |
400 3,616 40 1,483 8,402 |
||||
| 30,581 | 6,822 | 37,403 | 34,326 | ||||
| Bank transfers paid |
35,054 | 35,054 | 30,000 | ||||
| Total Payments | 65,635 | 6,822 | 72,457 | 64,326 | |||
| Net Receipts / (Payments) for year |
32,498 | (6,822) | 286 | 25,962 | 66,351 | ||
| Transfem between funds Bank Balances at 1.1.20 |
(6,822) 183,925 |
6,822 10,061 |
40,596 | 234,582 | 168,231 | ||
| Bank Balances at31.12.20 | 209,601 | 10,061 | 40,882 | 260,544 | 234,582 |
| Note | 2020 | 2019 | |||||
|---|---|---|---|---|---|---|---|
| Monetary Assets |
|||||||
| Bank Balances | |||||||
| National Westminster |
—Current Accounts | 98,158 | 88,279 | ||||
| —Capital Reserve Account | 10,045 | ||||||
| 98,158 | 98,324 | ||||||
| National Savings |
-Investment | Account | 152,254 | 126,191 | |||
| Nationwide | 10,132 | 10,067 | |||||
| 260,544 | 234,582 | ||||||
| Other Monetaty | Assets | ||||||
| Other debtors | 6 | 16,695 | |||||
| 16,695 | |||||||
| Non Monetary | Assets | ||||||
| Investments | (at Market Value) | 3 | 342,094 | 312,885 | |||
| Freehold Land and Buildings: (at Insurance |
value) | ||||||
| 19Lower | Dagnell | Street, StAlbans | 340,226 | 307,1]3 | |||
| I Market Place, St | Albans | 826,827 | 771,870 | ||||
| 21,2la, 23,25, 25a Spicer Street, StAlbans | 611,146 | 551,665 | |||||
| 2,120,293 | 1,943,533 | ||||||
| Liabilities —cutrent | 7 | (6,456) | (23,559) | ||||
| f2,391,076 | f2,154,556 |
| NOTES TO THK ACCO | NOTES TO THK ACCO | UN | TS | FO | R THE YEAR ENDED 31STD | ECEMBER | 2020 | |
|---|---|---|---|---|---|---|---|---|
| Analysis ofOther debtors | 2020 | 2019 | ||||||
| VAT | 4,295 | |||||||
| Prepayments | 12,400 | |||||||
| 616,695 | f, | |||||||
| 7. | Analysis ofLiabilites | 2020 | 2019 | |||||
| VAT | 2,103 | |||||||
| Deferred | Income | 10,405 | ||||||
| Accrnals | 6,456 | 11,051 | ||||||
| g6,456 | f23,559 | |||||||
| Analysis ofFunds | 2020 | 2019 | ||||||
| g | ||||||||
| Extraordinary Repair Fund: |
||||||||
| Charities | Official Investment | Fund | ||||||
| 1,430.03 | Accumulation | shares | at market value (2019:1,430.03) | 294,863 | 268,506 | |||
| 2,627.48 | income shares | at market value (2019; 2,627.48) | 47,231 | 44,379 | ||||
| g342,094 | f312,885 | |||||||
| Cyclical Maintenance | Fund | 40,882 | 40,596 | |||||
| General Fund | 219,840 | 160,366 | ||||||
| Utilities Fund | 10,061 | 10,061 | ||||||
| K270,783 | f211,023 | |||||||
| Represented | by; | |||||||
| National | Westminster | - Cunent Account (Richard Raynshaw) | 51,096 | 26,830 | ||||
| - Current Account (Thomas Lathbetye) | 47,062 | 61,449 | ||||||
| - Capital Reserve Account | 10,045 | |||||||
| Nationwide Account |
10,132 | 10,067 | ||||||
| National | Savings Investment | Account | ~152254 | 126 191 | ||||
| 260,544 | 234,582 | |||||||
| Liabilities | —cunent | ( 6,456) | (23,559) | |||||
| Other debtots | 16,695 | |||||||
| g270)783 | 6211,023 |