| THE CHARITY OF CHARLES | THE CHARITY OF CHARLES | THE CHARITY OF CHARLES | COLLISON | |||
|---|---|---|---|---|---|---|
| LEGAL AND ADMINISTRATIVE | INFORMATION | |||||
| FOR THE YEAR ENDED | 31STDECEMBER 2020 | |||||
| Charity name: | The Charity ofCharles | Collison | ||||
| Charity registration | number: | 209758 | ||||
| Charity address: | Shilcock House | |||||
| 99Bancroft | ||||||
| Hitchin | ||||||
| SG5 1NQ | ||||||
| Trustees: | Rev. Jane Mainwaring | (Resigned 30-Nov-20) | ||||
| Rev. Nick Smith (Appointed | 30-Nov-20) | |||||
| Rev. Virginia Dear | ||||||
| Councillor Ian Albert | ||||||
| Clerk to the | trustees: | M.W. Seaman-Hill | ||||
| (Provided by Messrs. John | Shilcock) | |||||
| Independent | examiner: | Philip Dean FCA | ||||
| Hicks and Company | ||||||
| Chartered Accountants |
||||||
| First Floor, 99Bancroft | ||||||
| Hitchin | ||||||
| SG5 1NQ | ||||||
| Bankers: | Barclays Bank PLC | |||||
| 5/6 High Street | ||||||
| Httchtn | ||||||
| SG5 1BJ |
| Unrestricted | Funds | ||||||
|---|---|---|---|---|---|---|---|
| Cyclical | |||||||
| General | Maintenance | 2020 | 2019 | ||||
| Note | Fund | Fund | Total | Total | |||
| Income | |||||||
| Income from charitable | activities: | ||||||
| Occupational charge from |
residents | 32,992 | 32/92 | 29,122 | |||
| Investment income: |
|||||||
| Dividend income |
2,283 | 2,283 | 2,257 | ||||
| Interest received | 25 | 25 | 64 | ||||
| Total income | 35,300 | 35/00 | 31,443 | ||||
| Expenditure | |||||||
| Cost ofraising funds: | |||||||
| Costs ofcollecting residents | contributions | 3,989 | 3,989 | 3,756 | |||
| Expenditure on charitable |
activities: | ||||||
| Provision ofalmshouses | 1,104 | 17,654 | 18,758 | 20,864 | |||
| Total expenditure | 5,093 | 17,654 | 22,747 | 24,620 | |||
| Net income/(expenditure) | before investment | ||||||
| gains/(losses) | 30/07 | (17,654) | 12,553 | 6,823 | |||
| Net gains/(losses) on investments |
1,020 | 1,020 | 9,559 | ||||
| Net income/(expenditure) | before transfers | 31/27 | (17,654) | 13,573 | 16,382 | ||
| Transfers between funds | (31,031) | 31,031 | |||||
| Net movement in funds |
196 | 13377 | 13,573 | 16,382 | |||
| Reconciliation offunds: | |||||||
| Total funds brought forward | 504,929 | 48,541 | 553,470 | 537,088 | |||
| Total funds carried forward | 10/11 | 505,125 | 61,918 | 567,043 | 553,470 | ||
| The notes on pages 8to 11 | form part ofthese | accounts. |
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Note | Funds | Funds | 2020 | 2019 | |
| Fixed assets | |||||
| Tangible assets | 338,733 | 338,733 | 338,733 | ||
| Investments | 69,198 | 69,198 | 68,178 | ||
| Total fixed assets | 407,931 | 407,931 | 406,911 | ||
| Current assets | |||||
| Debtors | 63,315 | 63/15 | 50,401 | ||
| Cash at bank | 99,783 | 99,783 | 98,301 | ||
| Total current assets | 163,098 | 163,098 | 148,702 | ||
| Current liabilities | |||||
| Creditors: | |||||
| Amounts falling due within one year |
3,986 | 3,986 | 2,143 | ||
| Net current assets | 159,112 | 159,112 | 146,559 | ||
| Net assets | 567,043 | 567,043 | 553,470 | ||
| The funds ofthe charity: | |||||
| Unrestricted funds |
10/11 | 567,043 | 567,043 | 553,470 |
| Anal sisof | Ex enditure | 2020 | 2019 | |||
| Costs ofraising funds: | ||||||
| Cost ofcollecting occupational | charges | 3,989 | 3,756 | |||
| Expenditure | on charitable | activities: | ||||
| Repairs and | maintenance | 8,424 | 13,029 | |||
| Water rates | 1,749 | 1,276 | ||||
| Alarm line | 46 | |||||
| Insurance | 2,687 | 2,857 | ||||
| Garden expenses | 2,490 | 2,415 | ||||
| Refuse | 40 | |||||
| Subscription | s | 254 | 170 | |||
| Legal and professional | fees | 2,010 | ||||
| Independent | examiner's | fees | 1,104 | 1,071 | ||
| 18,758 | 20,864 | |||||
| Total expenditure | 22,747 | 24,620 |
| Tan ible Fixed Assets | Total | |||
|---|---|---|---|---|
| Freehold Properties | ||||
| Historic valuation: | ||||
| At 1stJanuary 2020 and 31stDecember 2020 | 338,733 | |||
| Fixed Asset Investments | CAIF | COIF Charity | 2020 | 2019 |
| Investment | Fund | Total | Total | |
| Market Value | ||||
| At 1stJanuary 2020 | 24,096 | 44,082 | 68,178 | 58,619 |
| (Decrease)/increase in value |
(1,800) | 2,820 | 1,020 | 9,559 |
| At 31stDecember 2020 | 22,296 | 46,902 | 69,198 | 68,178 |
| Debtors | 2020 | 2019 | ||
| Occupational charges in arrears |
163 | 148 | ||
| Messrs John Shilcocks client account | 61,918 | 48,541 | ||
| Hitchin United Charities | 80 | |||
| Prepaid expenses | 1/34 | 1,632 | ||
| 63/15 | 50,401 |
| Creditors: Amounts | Fallin Due Within One Year |
2020 | 2019 |
| Occupational charges |
received in advance | 711 | 444 |
| Other creditors - Hicks and Company | 1,071 | ||
| Accruals | 2,204 | 1,699 | |
| 3,986 | 2,143 |
| Balances | Transfer | Balances | |||||
|---|---|---|---|---|---|---|---|
| 1st January | between | Investment | 31stDecember | ||||
| 2020 | Incoming | Outgoing | funds | gains | 2020 | ||
| Unrestricted | funds: | ||||||
| General | 504,929 | 35,300 | (5,093) | (31,031) | 1,020 | 505,125 | |
| Cyclical Maintenance | 48,541 | (17,654) | 31,031 | 61,918 | |||
| 553,470 | 35,300 | (22,747) | 1,020 | 567,043 | |||
| Balances | Transfer | Balances | |||||
| 1stJanuary | between | Investment | 31stDecember | ||||
| 2019 | Incoming | Outgoing | funds | gains | 2019 | ||
| Unrestricted | funds: | ||||||
| General | 483,104 | 31,443 | (4,827) | (14,350) | 9,559 | 504,929 | |
| Cyclical Maintenance | 53,984 | (19,793) | 14,350 | 48,541 | |||
| 537,088 | 31,443 | (24,620) | 9,559 | 553,470 | |||
| Anal sis ofAssets and |
Liabilities to Funds | ||||||
| Net assets | |||||||
| Fixed assets: | Current | Current | 31stDecember | ||||
| Properties | Investment | Bank | assets | liabilities | 2020 | ||
| Unrestricted | funds: | ||||||
| General | 338,733 | 69,198 | 99,783 | 1,397 | (3,986) | 505,125 | |
| Designated | fund: | ||||||
| Cyclical Maintenance | 61,918 | 61,918 | |||||
| 338,733 | 69,198 | 99,783 | 63,315 | (3,986) | 567,043 |
| Anal sis o |
fAssets and | Liabilities to Fun | ds - continued | ||||
|---|---|---|---|---|---|---|---|
| Net assets | |||||||
| Fixed | assets: | Current | Current | 31stDecember | |||
| Properties | Investment | Bank | assets | liabilities | 2019 | ||
| Unrestricted | funds: | ||||||
| General | 338,733 | 68,178 | 98,301 | 1,860 | (2,]43) | 504,929 | |
| Designated | fund: | ||||||
| Cyclical Maintenance | 48,541 | 48,541 | |||||
| 338,733 | 68,178 | 98,301 | 50,401 | (2,143) | 553,470 |