C J Gallard's Almshouses, ChArltable Trust
￿M￿n¢1#1 statements for the yur ended
31st December 2021
Registered Charity No". 209787
Indei
l GeneT81 infornution
2 Report of the tr￿Ste￿ and Statement of resp)nsibilities
S IDdepend¢nt examincrfs rq)ort
6 Ststem¢Dt of fi￿ancIal activiti
7 Statement of finan¢ial 8ctiviti¢S- 2020 conwarnlive
8 Balance sh¢et
9 Nola to the financial Slatem￿t$

C J Gallard's Almsbouses. Charitsble Trnst
General Information
Trustees.. The Charity TTUSte¢s who served during the year were &$ follows:
Ex-offleio
Revcrend R Wilson
Reverend S Hills
The Viw of th¢ Parish of St Thonias, soUth￿rough
The Rector of the Parish of St lawrence. Btdboroug
and St Peter. Southborough
Nominatlve
Mrs J Prance
appoinied by Southborough Town Council
Councillor T Poilc apwinied by Tunbridge WelLs Borough Counc
Mrs M. Morton apwirted by Tunbridge Wells Bomugh Council (fvm May 2021)
Co-optatlve (persorLS who have resided or canied on business in or near Southb)rough
and appointed by the Truste&s):
Mr G J Coventy (Yice Chairmanfrom 13 January 2022)
MT N Powell
Ms D. Hill
(Chairnumfrom J3January 2022)
. Mrs B Wisdom (Chairman until 13 January 2022)
Clerk and Treasurer to th¢ Trus¢ee4'.
Mr Philip Gra￿￿tr
Alm$bouw' Manager:
Miss M L McDowall
Addre￿..
27 Gallard's Close, L4)ndon Roa4 Southborougll KcnL TN4 ONB
Bankers:
CAF Fjank Limited
25 Kings Hill Avenue, Kings Hill. West Malling, KenL ME19 4JQ
Solicitors..
Bates Wells
10 Queen Street Place, London EC4R IBE .
Investhient Adviser8'.
Courtney Havers LLP
24 London Road. SOuthborou￿ TunbrAdge Well4 KeD4 TN4 OQB
Accountgnts..
Begbies
Old Printer5 Hous4 Stone Stree( CranbrooL KenL TNI 7 3HF
Member of..
The AlmslJou5e A&S￿l&tion
Bijlmgbw L4)dge. Maidenhead Ro811 Wokin8hw Beth1￿, RG40 5RU

C J Gallard's Almshouses, Charitable Trust
Report of tbe trustees and Statement of resw)Dsibllities
Govern*n¢e:
The Trust is a Registered Chority governed by Schemes made by the Charity
Comn)ission having as its principa] object the managemcllt of the prop¢rtt"es Imown as
the C J Gallard's Almshouses. consistin8 of self-contaitied flats in Gallard's Clos¢.
London Road. Southborough, Keni TN4 ONB. Applicants have to be poor men and
women over the age of 55 years who have residd in the Borough of Tunbridge Wells
with priority given to applicants from Southborough. The Charity is financed by
Weekly Maintenance Contributions ("WMC") from the Residents. incorne from
Invesknents and kn Community Rwm lettings and Donation5. Any sutplus must be
applied for the benefit of the residents.
The Trnst is administcrcd by a imyjy of up to eight Truste￿ which includc th¢ Vicar of
St Thomas's CFAurch, SouthbOrou￿ the Rector of St tAwrcoce. Bidborough and St
Peter. Southborou8b. two t￿[SOn$ nominatcd by the Tunbridg¢ Wells Borough
Council, one nominai¢d by the Southlx)rough Town Council and four persons who
have resided or catried on business in or near Southborough.
The Trustees b¢li¢ve that they have mplied with th¢ thity in 8ection 4 of the Clwi'ties
Act 2006 to h8v¢ due regard to public benefit guldance published by the Charity
Commission and that they comply with the Governance and Financial Viability
Stsndard published by Th¢ HOM￿ & Comtnunities Agency.
Rellew of a¢dvltles'.
2021 bas again b¢¢n a difficuli year as a result of the Covid -19 pand¢mic but with the
gradual reduction of rc$tricttons by thc Government we were able to once a8atn earn a
limited income from the hiring out of the Ark Community and Foresters Rooms. There
was interest from some new hircrs which welcomed
The Truste￿ a￿d an I￿¢88¢ in WMC of 5.5 0/0 to £108 for 2022 followin8 an
increase of 4.7 11/• to £99.50 the Previo￿% yc4r. Howcvcr. a non-statutory valuation
Carried out by the Valuation Office Agency prrKluced an equivalent fair rent figure of
£165 providing TTUStces reossurdDce that our charges remain substantially Iow¢T than
the market level for comparabl¢ single bedrwmed a¢¢ornmodation in the area.
At the September 2021 TTUStees meeting Mrs Beatrice Wisdom announced that she
would be standing down as ChairnNgn of Tntst￿$ at the January 2022 meeting. An
expr￿S1On of thanks w&8 made by all pres¢nt for all the hard work and commitment
shown by Mrs Wisdom to Gallards.
SoeiaL stslf Resident
The Charity incurred significant legal costs in 2021 owing to 8 l¢gal dispute with one
of our residents and our attempts to tetminate the Liccnce and secure a re-w¢&sion
ordcr. The first court hearing was held in August with no resolution and adjourned
until January 2022.
We were ple&8ed to welcome Mrs M Morton as tnL8tre, replacing Mr M Lee as th¢
representstive of Tunbridge Wells Borougb Council.
The trustecs bav¢ continued to rnett ￿irtuall￿ by Zoom which h&s presented
continuing cI￿lenge8 and it is to be boped that we may be able to meet as nornjal later
in the year.

C J Gallard's Almshouses, Charitable Trust
Report of the trustees and statement of responsibilitles
Financial revknv:
Total in¢omc TO￿ to £139.321 in 2021. aD Incre￿ of £5.642. Expenditure was up
£35.630 to £158,028 a8 a rLwlt of the sigwficant legal eosts already referred to. The
deficit before investment revaluatioL8 was £18.707.
Th¢ Pri￿ of the Trust's In￿Me and accurn￿on investments rose and the OV￿11
value of the ￿rtfri110 increased by £16,576. OveralL there is a small (kficit for the y¢aT
of£2,131.
Reserves poll¢y:
The reserves beld by the Clwxty support thc objective of the provision of
ac¢ommiKlation at C J Gailard's Almshouses for the benefit of eltgiblc residents of the
Borough of Tunbridg¢ Wells. The reserv<s. excluding the restricted Pern￿ne1]t
Endowment Fund. Extraorth'nary Repair Fund and Property Furf tothlled £44,213.
Thesc reserves enable us to meet cyclical mainienance costs and include a provision
for special projects and a general rcs¢rvc. The Trustees, policy is to hold a general
reservc equivalent to three moots. geoctal expenditure. Thal level stands at £2,638.
down ott last year.
It is COL8idcred that the reserves are adequaic to cover futur¢ nee4ts.
Trnjtttt, rejponilbllltks ID rel*tlon to the Ilnan¢ial thtements:
The charity trustees are responsible for preparing a truslees. annual report and financial
statements in accordance with applicabl¢ law and unit￿ Kingdom A¢￿untIng
Standards (United ￿ngdorn Generally Ac¢qJted A¢counting Practice).
The law applicable to charities and registered s<Kial housing provi(l¢rs In England and
Wales requires the t￿￿te¢S to prcpare financial ststcments for each financial year
which give a tru¢ and fair vicw of the sta¢c of affaArs of Ihc charity as at thc bala￿e
Sheet dale. and of its income and expenditure for that period. In PTewiDg the financial
stat¢ments the ttustees are requtred io".
select Suitable aC￿Unting policies and then apply them consistently.
observe the meth(Mls and principles in the applicable Charities SORP.
make judgements and ¢stimates that are reasonable and prudent"
state whether applicable accounling statKlar& hav¢ been follow￿ subj.ect to
any material departu￿$ that rn￿t be disclosed and explained in the financial
statements. and
prepare the accounts on the going concern basis unless it is inappropriate to
presume that the charity will C￿tinUe on that basis.

C J Gallard's Almshouses, Charitable Trust
Report of the trustees and statement of responsibilities
The tt￿te￿ are respoosible for keeping prnper accounting recor(18 which dis¢lose with
re&sonable ac¢urdCy at any timc the financial ￿¥sitiOn of thc clwity and to enable them
to ensure that the fuwicial statetnents comply with the Clwities Act 2011. the
applicable Charities (Accounts and RepoTts) Regulations. the Housing & Regeneration
Act 2008 and the Accounting Direction for Private Registered Providers of Social
Housing 2015 and the govern￿g documenL They are also r¢swn8ible for
safeguarding the assets of the charity and hence for tsking reasonabl¢ sty for the
prevention and detection of fra￿ and other 1￿c8u1aritsCS.
Approval:
Thc rqM)rt was fornully approved by the TTUStees at their mecting h¢ld on ioth Mawh
2022 and is si
ed on their behalf by..
N Powell,
orTn￿.
Date: 10 March 2022

Independent ei¥Jminer's report
to the trustees ot
C J Gallard's Alm$bouses' Charitable Trust
I reportto thc on Lny exaniiDatH)ll of the actounts of C J Gal]ar&s Clwsit•ble TnLSt for the year
entsl 31 Dectmber 2021 thich ar¢ setoylon po8￿ 6t0 16.
Responsibilides and b*sis of report
requireu*nts of the Cblritifs Act 201 I Cthe A¢f).
I report th re5￿t of my eJamiDation of the TnL*es' acc4)unts ￿le￿ out under WIIOD 145 of the 2011 Act atMI in
caIryin8 oui my ewnination I have folioBd all the 4¥1￿￿ble DI￿1￿3￿5 wven by the ChaTity ConJmi55ioner under
8e¢tion l45(5)(b) of th¢ 201 l ACL
IndepeDdeDt tilD￿ller'S ststemeDt
I have COTnpleted my cxaminatityL l ¢onfiTm mB*rial Tnwers Tr￿e to myatt¢fttiOtt itt CLfhI￿l￿Trith the
(l) ¥countin8 re¢orts T￿1 kw in r¢spect of the Tnjgt as wuirtyj by 9¢th'on 130 of the AA or
{2) the ac¢ounts do accord with or
(3) the ￿COUnts do Th)t corryly with tk appli￿1)1¢ the foTm •nd cornt of accounts s¢1 oirt
in the Charitics {Accowts Ind R¢pxts) Re8ulatkX￿ 2(lJ8 other aDy rtquiMKnt that th¢ aC￿￿lts give 8
I bave no CO1￿ ￿MI lthve eon* acrc68 Tr) matteT5 in cr￿De¢￿ with the eXamm￿On to I￿]ch 8tt¢ntiOti should
be dra￿ ifl this r¢port in order to enable • proper w￿$￿Ing of th¢ acethmts to be Tca¢hed.
D*Dlel Vakttttht ACA
BeRbl
Old Printsrs Hou[¢
Ston¢ Stre
Cranbrotsk
TN17 3HF
2022

C J Gallard's Alnjsbouses, Charitable Trust
ststement of f￿anCIal activities
for theyettr ended 31si December 2021
To¢*1
31 Dec
2021
31 Dec
2020
r¥ttd
funds
frouL
ch￿￿tabl¢ activities
- Weekly maintamee contribution
Other activitie5
. Lettin￿ guat accon¥)￿￿¢)￿
Donations
3m2 IW83
131A65
124.Ol7
945
1.338
1,0
7324
L4•4
4J07
6Jii
133,679
TO1￿ IDtoN
133835
139J21
Expendltstt on:
Charitable 4etiVbtie$
. A]nsI￿￿¢s. expwmliti
- Cyclical rnintCTwi¢e
- Extra￿rdIn¢ry re￿ir
. Mana8em¢nt and 8dMin￿lTltloll
- lttkrest payable
Total exptThditsr¢
61,834
64,858
714
10.(
25,009
21531
70.9
21 J32
7•,948
21,532
714
157J14
158.028
122,398
Net In¢omt before t*lM And
(23J79)
(1&71m
11281
G#In￿(LOu¢1) on
Net lll<omel(expeDdltur¢}
73lJ
16J76
(13.725)
12,4441
9h17
L768
(23179)
(2.131}
Tranifen be￿¢¢A fulldi
141•3
Iis,000)
2J97
Net nwThemeDt ID
21.72•
(14232)
(2•.982)
(2.131)
(2,444)
Totsl fijnds brou8ht fotward
14
103.971
I039J60 SJVJ?
23.6211
2320.964
2223,408
Total fund$ carrled forw•rd
14
£113J40
£2061380
£41575
U,038
£2.21803J
£2220,964

C J Gallard's Almshouses. Charitable Trust
Statement of financlal aetivities
for iheyear ended 31s1 December 2020
Comparative
Totll
202•
Notes
I•¢ome from:
Chan'lable a¢tivitLts
627
Othcr activiti¢s
123 J
124.017
Donaliott8
Invcsttr*DIS
lJ38
1.338
i.O(M>
7J24
2.933
4 J91
Totsl theome
2.933
627
130.119
133,679
ExptAdltur¢ •*:
Charitsble activitie8
- Althuses, cX￿r￿lItW¢
- Cyclie81 mainten&t*c
- Extraqtsrdinary repair
. ManagetrKnl 8nd 84knini5tratw)n
- Intrrest pa￿bIe
Tot81 ¢xpeDditure
64.858
64.858
10.rf
10.000
25,(X19
22.531
25,IK19
22,531
io.{K¥)
112J98
122J98
Net In¢ott* before e*lni
17,06T)
627
17,721
Galm/lioJ•u) •n l#vestn*•t 118ets
N¢t hKomtJ{t4udlttyre)
{8,393)
(5,332)
(IU99)
(13.725)
(8.393)
627
17.721
{2,444)
Tr*D•fen between
11.ioj
9.5(
120.603)
Net mtyvement In I￿ndS
18,393)
(1296)
10.127
(2.8821
12,444}
R¢¢onciliAtloth of fundi:
Total fvnd$ brought forwd
112J70
1040.856
43,680
26.502
2,223.408
Tot*1 fwls urrkd fornrd
£103,
£2,039J60
£53.807
£23.620
£2220.964

C J Gallard's Almshouses, Charitable Trust
Balance sheet
31st December 202]
2020
T*NRlble fixed *M¢ts
2J14J26
2.314J26
I￿v￿t￿ents
195.964
176,984
Cyrre&t uotts
Debtors
Cath atbank and ih hThl
219
405
70.322
41449
70,727
Credltory: Art￿*$ f4llin8 due
(21,139)
(15,460)
Nelturrent u¥ets
21 Jlo
55.267
Total xM¢ts less turreDt liabllld
U31
2,546.577
aftw JMYt than one )wr
314747
325.613
(314767)
a21V33
(325,613)
£2.220.W
C*plt*l *Thd re*r¥a
Unreslricted fwKts
13 &14
14
14
14
14
23,620
53,807
1.976,553
63.007
103.977
£2,22n,964
41 J75
Other TC5triCted funds
72.624
£2,21V33
by theTntst¢es on 10 Ma￿h 2022
on thciT behalf by
dsl
<2 LJ,-
Mr N Powell
Chairma
Mra B
Trnstee

C J Gallard's Almshouses, Charitable Trust
Notes to the financial statements
3131 Decanber 2021
I A¢¢•uAthig pollde8
(a) B41iy ofprepwatw
appli¢abk in the UK arml Repub]i¢ of Ir¢larMI IFRS 102) publisw on 16 Ju]y 2014. ill the FinaThcial
ReportiD8 StswJ•rdapph¢abl¢ in the UK afyl Re￿￿11'C of IreJ*r¥J ￿ks 102} atwj iii) the Ch&rities Aci 2011.
Ib)
The trysws ¢(￿lder there are ￿ Mthr1￿ aTrAWt thc ability to ￿lMi¢ ￿ • ￿Ing
cothc¢m
{dJ Income (4TcIMdin8 IN¥￿￿¢8￿1￿1)
locorne is reCo￿ls¢d 0￿¢ th¢ ¢harity ¢￿A￿emen1 ￿ the iDe4)rne. theff is sufficA¢W rertaiaty of receipt
al￿ so li i5 Fffob•ble the iJ*on* will be nvive41 th¢ *nwuD¢ of irKom¢ rxeivabl¢ ¢•n be llwured
reliably.
(e) EYpendi¢¥rt
Expthqilwe is Tecognised 0￿¢ thcre 1$ 4 Iw] or conS¢￿ve obli8aDon to rTMke a to a thwd pty.
it is pr(pb8bk thai s¢lllemrrt will be relwircd and the amount of the obligation COD be measured r¢li*bly.
Y41ueadded¢ox
The ¢lMn'ty is for valw *Med ttx. Wh￿¢ a￿liC￿bk. inclusiv¢ of VAT
{0 HoxflNgprnpertleJ
Th¢ fr¢elM>ld ]atMJ aThJ • 20 kn {alDthIwc5) are treal¢4 # witsli8tyJ utets aod Dil
Vdluelcog. SubwueDI ￿ltions and ex￿Jit￿re are str￿ 41 cost 8tyJ inCl￿e &ttributable
fItW￿ costs during the developwKnt Sub5eqwI fiDw¢e i¥￿ts are wrillcD otr ￿ the 51atement of
r]llanC￿ &¢tivitse8.
No depre¢iotion is clwg¢d. A5 the aln]sh￿ Ire *tllthm•ittsint4L h•v¢ ¥ IoDg.lif¢ 4t¥J a gtron8 r¢8idu
V￿u¢, HDY dew¢¢iation would be i￿￿t￿lIL
inancialinslrurneTrts
The Charity only fitmnc￿l •$8ets iwbilths of o kn"Thl that qwlify aslbasic ja]
iajstn￿ts. Basic fmwi41 Instru￿ aTC iftitsally r¢ry)gnised at tr8ll58¢b"on value atyj 5ubseqllently
Sheet date ￿IngthE closmgqwAryJ muket rrtiLX.

C J Gallardls Almshouses, Charitable Trnst
Notes to the financfial statements
3151 December 2021
(I)
All goiL8 s￿1 lossfs tsken th tht statrI￿t off￿￿￿"81 ￿1¥1￿¢5 as thry arise. R¢lllised aThl losses
their pur¢hw Yalue if acqu￿ subsequart to ¢h¢ fttst day of thc fiTwKial year. Unre4li5cd gains atxl 10&8&8
Ore ealculated w5 the difference be￿ fair value at thc year et¥J and theiT C8ryiA8 value. Rea]i5cd
UThTC81i8￿ inveslment gains and lows are combi]%41 io the slat£ll￿￿tOf fiEw￿la1 activitiw.
U) Designoied Teserb
p8rn"cuiar pwposc. Su¢h thsigtULti￿s b¢ r¢veThed by (utur¢ Tnwee decisio￿.
(k) RestrTded r￿tr￿1
Ragtncted furyjs ItK•Ee for wua)lar than the charithbk purpos¢s ofthe
ch*nty.
2 Incorn4 expeTrdl¢ur¢ wl uei IK•
Ixowe Expendltsre
N¢t Income
Sotl•l •etlvlths (Th•tt 3)
131865
IS028
(20,563}
945
945
Don•tloni
139J21
£1SV28
£(18.70
2020
I￿orne Ex￿￿￿"ture Net iT￿rne
So¢l*l Ktlvldu {Mte 3)
NoHocl•l houslng Acttyldei
- Ark CoTnmunity Room Icttings
124,017
122.398
1,619
lJ38
l J38
7J24
133.679
7J24
11.281
122.398
10

C J Gallard's Almsbouses, Charitable Trust
Notes to the financial statements
31si December 2021
2021
2020
3 Parti¢￿IlT$ of ineome el￿dI1•re from todal
Wcekly ma1[rten￿ contrilMthioL8
lllctsme from Sot1￿ Ibowkng
131.465
£131.465
124,017
£124.017
AlJwboux4' ¢wditu
Wa8es *od salaries (note 4)
Routine nwinteD*we s¢rvic¢8
Garden c¢>$
Utslitiu (w•trt. electrictyatyj w)
27.745
1&780
6.119
9ffi51
2J97
142
26285
22,850
3,977
9.423
2225
98
TV Itcen¢¢
£64134
£64.858
Cydltai
£io.000
Sped*l pr•J¢¢t fund Irnproven￿ts
M*u8ement AAd *dmi*lstr*¢lo•
W*8es atbl 5alanes (Tr)ts4)
Fees aThl $ubs¢n'ptso
T¢l¢phottc IT
14859
14.587
488
1.893
5,310
650
201
4,500
45J24
L£gal and profcssional fees
Travel & sllbsistttK¢
Bank cl
4104
£70948
1.820
£25,￿9
IDt¢r¢•t paylbk
£21J32
£22,531
xpelldltttrt social how
£122
£IXTr28 ￿98
Net kna
£(2Wi
£1,619
R¢sid¢nts are Tr)t tenants bu¢ buKficiaries ofthe Cbarity ￿￿￿￿'tiO￿$ ora 11¢¢￿¢ to occupy an AJm6hous¢
al. They phy a weckly rn8inteDallce ¢Otttributs'on IWMCI for th¢ ar*J servic¢s provided ID
¢¢orilancc with the detsils ]th in thc ResthoL%' Hkndlrt their licette and letter of offer. The
WMC rate is deterrn1￿ by ￿ Truste&s on a ty)fyprofit bw.
Vacant tla￿ usually ari5iDg from death LY from a resident rm) Tot)ger bcing capablc of indeK*tth living. are
filled from a lisi of aN)li¢aTrts have appl￿d to live at G8118rd'$ Cl￿. Void I0￿¢S therefore tsttly
11

C J Gallard's Almshouses, Charitable Trust
Notes to the financial statements
31st December 2021
21121
2020
4 Staff and trw5teu' remuner•¢¥DA *•d ezpew
41604
2J49
(2.849)
£42.604
40,872
2.877
12,877)
A]located as follows..
27,745
26.285
14.587
£40,872
£42.6(14
Aver88¢ no of eTMpIoJ
No tr￿1¢￿ v¢¢¢ivul atty iti the yeK12020IDil). Expa*ts of £150 were iti th¢ yegr
12020.. £tiil).
2021
2020
5 InveJ¢wDt inc•me
Bank ifjterest
Divid¢rMI income
39
7385
£7.324
5117
£6311
C J Gallard$ Alm8how¢5' Charitabl¢ Ttwt is & rtgister￿ Tharity aTwL as 1$ p)t¢ntially cxcmpt from
41ion of its and 8Lin5 falIll￿ withitt Tax 2(X)7 P¥rt 10 aThJ the Taxalion of CThargcabl¢
Gath6 Act 1992 &256 to the extsrt Ire #M)l￿a to its cknitsble ￿j￿tiveS No tsx liability ar1￿ in the
7 TAo8lble IlJu1 AM•ts
Freehold
property
Coyl."
At l# Jsttuary 2021 '
At 31st Dece*thv 21121
2J14J26
2J14J26
At 31Jt Detrmber 2021
£2J14J26
£2Jl4.326
At 31￿ D#enkn 2020
The Ch8rityovnL8 the frcdw)Id of the tht jundion oftAJth at¥1 Yew Ttee RO￿ in Southborou8
with 26 flats {altrtslvJJw) th￿1￿ ott of which ts (Kcupied by thc Al￿￿￿0￿$es. Matw. whicb 15 part of
thc Pertnattnl Thc lar#1 v¢4cd the OffKiAi CusttyJiAn fi* chan'lic5 by VIrti￿ of th¢ schen￿ of
Reoulation dated 2 JaDuDrY 1914 s￿] ¢th)fir￿￿ ill a revised SdKme dated 15 Aori11969.
12

C J GallArd's Al￿￿￿0￿$e$. Charitable T￿￿t
Notes to the financial ststemeDts
31s1 December 2021
8 Inves¢wtDts
Assod*tlob of
IDvethwDt Fud
Typ¢ of sbart$
Total
At 1st January 2021
AdditioTL8
Uttrcalised SU￿1￿ on Trvaluati
At 31rt Deeejttber 21121
103.977
73.(
176.984
04
16576
£19S964
9J63
£113J411
7.213
£82.624
At 315t Dec¢t)kn 2020
£103.977
C73.(￿7
£176,984
Common InveSth￿nt INAACIF). thin1$1¢r￿J by M&G Securilies Limitd. Whilst the Chth'¢ics Act 1992
divests res￿￿$1b]E]ty for inveSttsw￿ kn the Chan"ty Tnw th¢ knme units ar¢ ￿teA1 to th¢ P¢m￿nt
Et￿l￿r￿￿t 8tyJ •rc Re8trictsd eapitsi Clwity Com[￿10￿ ¢olltsvl d￿j any expendilure could b¢
Restn"¢tfyJ capÈthl utmltt th¢ In￿￿, control. the of 5mllll wui8itsoDs Ye￿ it is not
2021
2020
9 Debtors
219
405
£219
2011
2020
l• Credltor#.. AN¥)unts fallin8d￿ within one pr
Loan ryyn*nts duvin1¢8s l )*ar
PAYE & NIC
11904
AA35
12.160
3.3￿)
£21,139
£15.460
13

C J Gallard's Almshouses. Charitable Trust
Notes to the fiDan¢ial statements
31st December 2021
2021
Totsl
2020
Total
£312.767
L112.767
£325,613
are rcpaythle as follows..
BetweeD one a￿1 yt4f5
Betwceth two al￿ five yea
13.7&5
46.832
252.229
13,71)6
4W2
252329
12,847
43.878
268.888
£312,767
The loans fiom The Ch*ity Bank Lthi￿a ccrfryisry ￿VI￿¢S of £150.(KKI in 2011. £175,0￿ in 2012, and
£]40.￿ in 2013 •Te repdyabk I}￿ 25 yem arc co the freejww pr(iJty. is psyablc ai
6.5% Fer arnunL
£112,767
£325,613
2021
Restrlcted
Dtsl%tt*ted UTrrtttrlt¢ed
fllnd
fv*d
Tot
TAn8lble Ilxed Awets
lllve8¢m¢thts
Cash *t bank •nd In h*Md
Othrr net current *Mets
Credl¢oM > l yur
U14J26
81624
lJ14J26
195.964
4233
120,9201
1312,76.7)
£221&833
41J75
655
(U903)
(312.767)
£113J4• £1961
£41J75
£L6
2020
Totsl
Tangible fixcd 4J¥¢ts
2J14,326
73.(M)7
2J14.326
l76,984
70J22
(15.055)
(325.613)
£2.220.964
103977
CAsh aNI in hat41
53.807
16.515
7.105
(22.160)
325.613)
£2.039,5￿)
Cr¢djloT5 > l year
£103.977
£53.807
£23.620
13 G¢•er*l rexerv¢
At l# Jammry 2021
(Der￿lt) WIpI￿% for the financial y¢•r
TrutLsf¢rs to restrirL¢d fixed ¥s%¢t r¢scr%r5
23ffi20
(23179)
(12.1•3)
iso
2,897
At 31*t Decejthr 2921
£2,638
Ai 3 lstDc￿Mber2020
£23.620
14

C J Gallard's Almshouses, Charitable Trust
Notes to the flnallcial statements
31&t December 2021
14 Movemeat olf4
b*1*￿e9
blfwd
Tr•Nsfe
2021
113J40
Restrkt¢d IIAed a$￿t
U14J26
1337.rn)
A.976J53
2J14J26
(325,6701
1,988.656
12,103
Oth¢r TestTkted funds
7313
74624
7313
72th24
Unre¥trlcted fu*th
23ffi2•
133035
(157J14)
2,638
UDreJtrkted
Cy¢lical main*tthnce fDr#1
S￿¢1•1 projects fill
SL745
1062
3.•12
(714
(Iso
411.113
IA62
3.481
1714)
(15,000)
41 J75
TOTAL
U2OJ64
139J21
(IW28)
16J76
231&￿5
Pernwe#i eDdornt
The Permanrnt ethwitKnl fuThl ¢on¥rises th¢ fthld propw Ixld at tto ￿1￿¢ thr inc4)rne sbaff type inv¢stsngnts.
R¢strirted Ilxed funds
Charity Bathk lojrn
Eitra-ordinary repir fulld.
a¢¢umukntioTh Sh￿ type iDV¢S(Ii*nts.
Cydical n￿l￿te￿ID¢t fybd
T¢PaW and re-deeorntion.
Sped*l pnbjects
15

C J Gallard's Almshouses, Charitable Trust
Notes to the fiDan¢ial statements
3Jst December 2021
14 MovemeTht of (e•ntiDlled)
Fut)d
bthllc¢s
Jfwd
2020
Pernwmt Endovm*nt Fund
112J70
(8.3931
103,977
Property
2J14J26
348,876)
1.965.450
2.314.326
(337.773
1.976.553
11,103
11.103
Other r&8tri¢t¢d
75,406
75,41
2,933
(lo.(y￿)
(5.332)
(5J32)
63.007
2.933
Jio.(w)
63,IM)7
26.502
130,119
(I l2J98)
{20,6031
23.620
Unrestricted desbgn*d fithds
Cyclicol Tn41n￿e
Spe¢wi projects fu￿1
42.618
1.062
95(￿*
52,745
l.tM2
43.680
627
9J(Kl
$3,807
TOTAL
2.223.408
133,679
(122.398)
113.725)
2.220.964
16