| RECEIPTS AND PAYMENT | S ACCOU | NT FOR T | HE YEAR | ENDED 3 | 1STDECE | MBER 20 |
|---|---|---|---|---|---|---|
| Cyclical | ||||||
| General | Utilities | M'tace | Capital | Total | Total | |
| Note | Fund | Fund | Fund | Fund | 2021 | 2020 |
| RECEIPTS | ||||||
| Investment Income |
1,389 | 1,389 | 1,362 | |||
| Interest received | 18 | 22 | 1,137 | |||
| Rent and Insurance received- | ||||||
| Market Place/Land at |
||||||
| Lower Dagnall Street | 8,944 | 8,944 | 10,625 | |||
| Rent Deposits received | 15,600 | 15,600 | ||||
| Contributions by Almspeople: |
||||||
| —Maintenance | 42,582 | 45,582 | 46,691 | |||
| Receipts from HMRC | 4,295 | 4,295 | ||||
| Refund ofelectricity | 1,009 | 1,009 | 1,425 | |||
| Output VAT on receipts | 1,789 | 1,789 | 2,125 | |||
| 75,626 | 75,626 | 63,365 | ||||
| Bank transfers received |
35,054 | |||||
| Total Receipts | 75,626 | 75,630 | 98,419 | |||
| PAYMENTS | ||||||
| Payments in relation to Charitable |
activities: | |||||
| Almshouses costs 2 |
6,602 | 8,708 | 15,310 | 13,904 | ||
| Establishment costs: |
||||||
| - Refurbishment costs |
10,865 | 10,865 | ||||
| - Insurance | 1,723 | 1,723 | 1,353 | |||
| - Business lmp.Dist. (BID)costs | 829 | 829 | ||||
| Clerks fees and expenses | 5,281 | 5,281 | 5,284 | |||
| Office rental | 1,393 | 1,393 | 1,352 | |||
| Subscription | 182 | 182 | 179 | |||
| Legal and professional | 9,829 | 9,829 | 653 | |||
| Trustees insurance | 612 | 612 | 612 | |||
| Trustees expenses | 11 | |||||
| VAT consultancy fees |
500 | 500 | 475 | |||
| Accountancy fee |
2,850 | 2,850 | 2,850 | |||
| Sundry expenses | 150 | 150 | 130 | |||
| Input VAT on payments | 4,803 | 4,803 | 2,197 | |||
| Amounts paid to HMRC |
1,500 | 1,500 | 8,403 | |||
| 46,290 | 8,708 | 54,998 | 37,403 | |||
| Bank hansfers paid |
35,054 | |||||
| Total Payments | 46,290 | 8,708 | 54,998 | 72,457 | ||
| Net Receipts / (Payments) |
||||||
| for year | 29,336 | (8,708) | 20,632 | 25,962 | ||
| Transfers between funds |
(8,708) | 8,708 | ||||
| Bank Balances at 1.1.21 | 209,601 | 10,061 | 40,882 | 260,544 | 234,582 | |
| Bank Balances at31.12.21 | 230,229 | 10,061 | 40,886 | 281,176 | 260,544 |
| Note | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| Monetary Assets |
||||||
| Bank Balances | ||||||
| National Westminster |
- Cuirent Accounts | 103,168 | 98,158 | |||
| - Rent Deposits Account | 15,600 | |||||
| 118,768 | 98,158 | |||||
| National Savings |
- Investment | Account | 152,269 | 152,254 | ||
| Nationwide | 10,139 | 10,132 | ||||
| 281,176 | 260,544 | |||||
| Other Monetary Assets |
||||||
| Other debtors | 2,473 | 16,695 | ||||
| 2,473 | 16,695 | |||||
| Non Monetary Assets |
||||||
| Inveshnents (at Market Value) |
3 | 400,275 | 342,094 | |||
| Freehold Land and Buildings: (at Insurance |
value) | |||||
| 19Lower Dagnell | Street, StAlbans | 350,433 | 340,226 | |||
| I Market Place, St | Albans | 1,119,208 | 826,827 | |||
| 21,21a,23,25, 25a Spicer Street, StAlbans | 629,480 | 611,146 | ||||
| 2,499,396 | 2,120,293 | |||||
| Liabilities —cun ent | 7 | (37,066) | (6,456) | |||
| f2,745,979 | f2,391,076 |
| NOTES TO THE | NOTES TO THE | ACCO | L | NTS | FOR THE YEAR ENDED 31STD | ECEMBER | 2021 |
|---|---|---|---|---|---|---|---|
| Analysis ofOther | debtors | 2021 | 2020 | ||||
| g | 5 | ||||||
| VAT | 2,473 | 4,295 | |||||
| Prepayments | 12,400 | ||||||
| g2,473 | 616,695 | ||||||
| Analysis ofLiabilites | 2021 | 2020 | |||||
| g | |||||||
| Rent deposits | held | 15,600 | |||||
| Accruals | 21,466 | 6,456 | |||||
| g37,066 | Z6,456 | ||||||
| Analysis ofFunds | 2021 | 2020 | |||||
| g | |||||||
| Extraordinary | Repair Fund: | ||||||
| Charities | OIFtcial Investment | Fund | |||||
| 1,430.03 | Accumulation | shares at market value (2020: 1,430.03) | 346,315 | 294,863 | |||
| 2,627.48 | income shares at market value (2020:2,627.48) | 53,960 | 47,231 | ||||
| g400)275 | f342,094 | ||||||
| Cyclical Maintenance | Fund | 40,886 | 40,882 | ||||
| General Fund | 195,636 | 219,840 | |||||
| Utilities Fund |
10,061 | 10,061 | |||||
| f246,583 | f270,783 | ||||||
| Represented | by; | ||||||
| National | Westminster | -Current Account (Richard Raynshaw) | 72,146 | 51,096 | |||
| -Current Account (Thomas Lathberye) | 31,022 | 47,062 | |||||
| -Rent Deposits Account | 15,600 | ||||||
| Nationwide Account |
10i139 | 10,132 | |||||
| National | Savings invesnnent | Account | ~152269 | 152254 | |||
| 281,176 | 260,544 | ||||||
| Liabilities | —cun ent | (37,066) | (6,456) | ||||
| Other debtors | 2473 | 16691 | |||||
| g246,583 | 6270,783 | ||||||
| Capital Fund | |||||||
| Propetdies | - | Lower Dagnall | Street, St Albans | 350,433 | 340,226 | ||
| - | Market | Place, | StAlbans | 1,119/08 | 826,827 | ||
| - | Spicer | Street, StAlbans | 629,480 | 611,146 | |||
| g2,099,121 | Z1,778,199 | ||||||
| Total Funds | 62,745,979 | $2,391,076 |