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2021-12-31-accounts

Sir William Brampton Gurdon Cottage Trust

Registered Charity No: 210361

Trustees

Mr.Iain Langdon, The Holme, The Green, Grundisburgh, Woodbridge, Suffolk IP13 6TA - Chairman Mr.Colin Grimwood, 12 Alice Driver Road, Grundisburgh IP13 6XH

Mrs.Brenda Garrett, 19 Post Mill Gardens, Grundisburgh, Woodbridge, Suffolk, IP13 6UP Mrs.Lynda Bridges, 2 Vine Cottage, Grundisburgh, Woodbridge, Suffolk IP13 6UF Mrs.Kathleen Youngs, 3 Salters Gardens, Grundisburgh, Woodbridge, Suffolk IP13 6XE Clerk

Mr.John Ager, 8 Post Mill Close, Grundisburgh, Woodbridge, Suffolk, IP13 6UU

2021 ANNUAL REPORT

Highfields The property, bequeathed to The Trust by the late John Batchelor, was advertised for rent on the 12[th] February 2021 applications to be received by the 15[th] March. 43 enquires were received and 28 application forms completed. The Trustees met on the 16[th] March to produce a short list. A joint application was chosen and, after satisfactory references received, were offered the tenancy which they accepted. They took possession of the property on the 26[th] March.

The Trust’s dispute with East Suffolk Council over the payment of Council Tax was resolved with a total refund of £2,826.38 received on the 22[nd] March.

Chapel Row Cottages

No: 1 In March the community occupational therapist asked for permission, which was immediate given, for grab rails to be fitted either side of the main and conservatory doors and an additional rail fitted in the kitchen on the left side wall.. Unfortunately, the tenant’s mobility had decreased and he was struggling to access both the main and conservatory doors. Sadly the tenant died in September and the tenancy passed by succession to his son on the 12[th] September.

No: 2 Windeman installed a new sealed window unit and a leaking kitchen tap was repaired in June. The Chairman and Mr.David Ruse investigated a damp patch on the wall underneath the front window and found that this was caused by an inadequate soakaway system which needed to be replaced by a more robust installation. Mr.Ruse submitted a quotation of £3,079.57 which Trustees accepted. The cost will be set against the maintenance budgets for all three cottages.

Emergency Alarms 54 Grundisburgh residents now enjoy the security of emergency alarms. This service, provided by the Trust, brings enormous peace of mind to the resident and their carers and is very much appreciated.

Finance Despite spending a further £22,983 on renovating Highfields during the year, total assets increased by £30,079 by the end of the year due to an increase in the value of the Trust’s investments.

Christmas Grants 37 Grundisburgh residents received a grant of £40 which was accompanied by a card designed by pupils of Grundisburgh Primary School.

Other Grants

Lunch Club £50 donated to The Trust in memory of the late Edna Warren was forwarded to the Lunch Club

Playing Field A grant of £250 was awarded to Grundisburgh Playingfield Management Committee towards the cost of installing new children’s play equipment on the playing field.

Grundisburgh Primary School – Trip to Surrey Hills May 2022 An application to pay half fees (£170) for six pupils who are unable to fully finance the visit was received. Bearing in mind that the Trust paid £510 to support three pupils for the cancelled 2020 trip Trustees agreed to award a further grant of £510.

1

Sir William Brampton Gurdon Cottage Trust Sir William Brampton Gurdon Cottage Trust Sir William Brampton Gurdon Cottage Trust Sir William Brampton Gurdon Cottage Trust Sir William Brampton Gurdon Cottage Trust
Receipts & Payments Accountyear ending 31st December, 2021
INCOME
2016 2017 2018 2019 2020 Dividends
£641.96 £641.96 £641.96 £529.63 £508.36 Charinco
£3,058.79 £3,388.06 £4,030.02 £3,649.91 £4,291.87 £3,861.43 £4,391.06 £2,825.81 £3,334.17 Charishare
Highfelds Rent
£3,926.00 £4,108.00 £4,290.00 £4,420.00 £4,550.00 1 Chapel Row Rent
£3,978.00 £4,160.00 £4,342.00 £4,472.00 £4,602.00 2 Chapel Row Rent
£4,550.00 £4,732.00 £13,000.00 £4,914.00 £13,546.00 £5,057.00 £13,949.00 £5,200.00 £14,352.00 3 Chapel Row Rent
£320.00 Insurance Claim
£38.66 £27.62 £27.32 £69.13 £67.42 BuildingSocietyInterest
£80.00 Christmas Grant returned
£7.54 £13.11 EmergencyAlarm refund
£40.00 Christmas Grant not banked
£40.00 Christmas Grant returned
£616.64 Bank refund
£13,700.00 Yorkshire BuildingSociety
£30,000.00 BLK Charities UK EquityFund Acc
£65.00 Donation
Highfelds Council Tax refund
£16,200.95 £17,070.75 £18,010.19 £19,065.83 **£61,813.59 ** Total Income
EXPENDITURE
£49.99 Chapel Row Sign
£791.04 £112.50 £537.23 £5,536.65 £698.88 1 Chapel Row
£1,052.20 £654.00 £387.68 £116.96 2 Chapel Row
£928.54 £122.50 £889.00 £564.11 £1,489.02 £702.92 £6,356.53 £698.88 3 Chapel Row
£4,403.56 £43,518.43 Highfelds
£313.13 £303.71 £312.23 £425.73 £438.80 Insurance
£2,490.00 £2,600.00 £2,600.00 £2,600.00 £2,600.00 Clerks Salary
£7,814.96 £8,279.32 £7,155.00 £7,634.91 £8,339.27 EmergencyAlarms
£1,435.00 £1,260.00 £1,640.00 £1,440.00 £1,400.00 Christmas Grants
£65.00 Donation returned
£825.00 £545.00 £418.95 £1,594.74 £1,010.00 Other Grants
£13,700.00 Yorkshire BuildingSociety
£15,649.87 £13,877.03 £13,680.20 £24,505.46 **£71,705.38 ** Total Expenditure
GENERAL FUND
£15,224.11 £15,775.19 £18,968.91 £23,298.90 £17,859.27 Balance at 1stJanuary2021
£16,200.95 £17,070.75 £18,010.19 £19,065.83 £61,813.59 Add Total Income
£31,425.06 £32,845.94 £36,979.10 £42,364.73 £79,672.86
£15,649.87 £13,877.03 £13,680.20 £24,505.46 £71,705.38 Deduct Total Expenditure
£15,775.19 £18,968.91 £23,298.90 £17,859.27 £7,967.48 Balance at 31st December 2021
Balance Sheetyear ending 31st December, 2021
CURRENT ASSETS
2016 2017 2018 2019 2020 Cash & Bank Accounts
£8,004.81 £11,170.91 £9,473.58 £3,964.82 £7,705.61 Current
£7,770.38 £7,798.00 £18,968.91 £13,825.32 £23,298.90 £13,894.45 £17,859.27 £261.87 £7,967.48 BuildingSociety
£15,775.19
CURRENT LIABILITIES
£15,775.19 £18,968.91 £23,298.90 £17,859.27 £7,967.48 Accumulation Fund
£15,775.19 £18,968.91 £23,298.90 £17,859.27 £7,967.48
INVESTMENTS(as at 31/12/202
£15,872.96 £15,656.29 £14,926.04 £15,295.18 £15,808.76 BLK Charities UK Bond Fund Inc
£182,198.65 £208,397.88 £188,612.58 £232,966.42 £194,118.05 BK Charities UK EquityFund Acc
£116,817.05 £130,087.66 £354,141.83 £114,377.16 £317,915.78 £137,228.79 £385,490.39 £128,044.51 £337,971.32 BK Charities UK EquityFund Inc
£314,888.66
£611,013.00 £630,565.00 £985,699.00 £985,699.00 £1,044,717.00 Cottages
£941,676.85 £1,003,675.74 £1,326,913.68 £1,389,048.66 **£1,390,655.80 ** Total Capital Assets
Property Valuation
Chapel Row 2014 2015 2016 2017 2018 2019 2020 2021
No:1 £184,000.00 £188,000.00 £200,472.00 £206,887.00 £212,431.00 £215,220.00 £228,037.00 £251,838.00 .
No:2 £184,000.00 £188,000.00 £200,472.00 £206,887.00 £212,431.00 £215,220.00 £228,037.00 £251,838.00
No:3 £193,000.00 £197,000.00 £210,069.00 £216,791.00 £222,600.00 £225,259.00 £238,643.00 £263,551.00
Highfelds £330,000.00 £350,000.00 £386,531.00
£561,000.00 **£573,000.00 ** £611,013.00 **£630,565.00 ** £647,462.00 £985,699.00 **£1,044,717.00 ** £1,153,758.00
Theproperties were revalued on the 9thJanuary. 2022 usingthe Nationwide House Price Calculator www.nationwide.co.uk usingthe 2020 values as a base valuation.
Extract from the minutes of a meeting of the Trustees held on the 15th November, 2021
7. Christmas GrantsA list of Grundisburgh residents who received the Christmas 2020grant was scrutinised toproduce a list to receive the 2021grant – attached
Independent Examiners Certifcate
I confrm that the foregoing accounts represent a true and accurateposition of the Trust's fnances.
Signed............................................................................ Date.......................................................
£481.48
£4,088.30 £4,569.78
£5,280.00
£4,680.00
£4,745.00
£5,343.00 £20,048.00
£0.36
£13.50
£40.00
£15,000.00
£50.00
£2,826.11
£42,547.75
£99.10
£646.45
£99.10 £844.65
£22,983.16
£443.79
£2,600.00
£8,463.70
£1,480.00
£300.00
£37,115.30
£7,967.48
£42,547.75
£50,515.23
£37,115.30
£13,399.93
£13,137.70
£262.23 £13,399.93
£13,399.93
£13,399.93
21)
£14,741.47
£205,967.20
£141,910.20 £362,618.87
£1,153,758.00
£1,529,776.80

Balance Sheet year onding 31st December, 2021 2016 2017 £8,004.81 £11.170.91 £7,nO.38 £7,798.CpJ e15.775.19 2018 £9.473.58 £18.968.91 £13,825.32 2019 £3,964.82 £23,298.90 £13.894.45 2020 £7.705.61 £261.87 'osh & 14 k ALLI) IirrLI £13.137.70 £262.23 £17,859.27 £7,967.4 £13.399.93 'I'IIRbNI I,IAMlI.I'riLs Luumulaiion fund £15.775.19 £18,968.91 £23,298.90 £17,859.27 £7.967. £13,399.93 £16,776.19 £18.968.91 £23,298.90 £17.869.27 £7,967.48 £13,399.93 I'F5T￿l￿.￿'T$ {5 at 311121211211 £15,8n.96 £15.856.29 £182,198.65 £208.397.88 £116,817.05 £130.087.88 £314,888.86 £611,013.00 £H1,878.86 £14,926.04 £188.612.58 £364,141.83 £114,377.16 £15,295.16 £232.966.42 £317,916.78 £137,228.79 £3es.490.39 £15.808.76 £194,118.05 £128.044.51 £14.741.47 £205.967.20 £141,910.20 £337,971.32 £312,618.87 £630,585.00 £1.003,670.74 £985.699.00 £1,328.913.68 £965,699 00 £1,389,048.68 £1,044,717.00 £1,390,666.80 I)IIU8L £1.153.758.00 £1,629,778.80 Prop•rty Valuatlon C'hupL'I RIM4' 2U14 £184,000.00 £184,000.00 £193,000.00 2016 £188,OQQ.00 £200.472,oo £188.000.00 £200,472.00 £197.OOQ.00 £210.069.00 3017 2018 2020 2021 £206.887.00 £212,431.00 £215,220.00 £228.037.00 £251,838.00 £2C¢,887 00 E212,431.QO £215,220.00 £22e,037.00 £251,838.00 £216,791.00 £222,600.00 £225,259 00 £238.643.00 £263,551.00 £33D.000.00 £350,000.00 £386,531.00 £J7J.000.QD £011,013.00 £830,666.00 £647,482.00 £98S.699.00 £1,044,717.00 £1.153.758.00 'The propthie5 were rcvalu¥d lh¢ 9th JartU￿.. 2022 u51118 NaiIon￿'1dL pri￿ C'alcululor ￿￿v.￿all011￿1de.C0.U￿' usiii8ih¥ 202() values bB5c vaiu&ti(m. 2019 Nii.2 Ni?.3 £861,000.00 L%trict frorn the rnlTrutey of4 mttdnR oftht Truyteej htld on the 14th NniernlJ¢r. 2021 7. 1'hTlstmiy CrAnl$ A li5101'Orundi5burBh residcnL% 14'hil rcCL'IVL￿ Ihi C'hii5th1*s 2020 BTBni %sH5 5crutinised to plodu￿ a li￿ tOrn¢L'ive Ih¢ 20218rnni- attached tonfjrm th41 Ihe fort%OiDP ac¢owni8 npre#ttht * irut 4ccurate W￿111￿n ofthe Tru$t'¥