2022-03-31-accounts - The St Osyth Almshouse Charity

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						2022	2021
				Unrestricted	Endowment	Total	Total
				funds	funds	funds	funds
			Notes	E	E	f	f
INCOME AND ENDOWbiIENTS
FRONI
Charitable activities
Almshouse activity				29,614		29,614	34,156
Investmentincome				2,849	1,226	4,075	4,321
Total					1,226	33,689	38,477
EXPENDITURE ON
Charitable activities
Almshouse activity				11,351		11,351	41,687
				21,112	1,226	22,338	(3,210)
Net gams on Investments				5,486	3,226	8,712	21,529
NET INCOME				26,598	4,452	31,050	18,319
Transfers between	funds		16	(32,244)	32,244
Other recognised gains/(losses)
Gains on revaluation		offixed
assets							40,150
Net movement in funds				(5,646)	36,696	31,050	58,469
RECONCILIATION OF		FUNDS
Total funds brought	forward			97,649	1,060,230	1,157,879	1,099,410
TOTAL FUNDS CARRIED
FORWARD				92,003	1,096,926	1,188,929	1,157,879

				2022	2021
		Unrestricted	Endowment	Total	Total
	Notes	funds E	funds f	funds 6	funds E
FIXEDASSETS
Tangible assets	10	$4	1,053,767	1,053,851	1,027,922
Investments	11	80,507	47,539	128/46	115,850
		80,591	1,101,306	1,181,897	1,143,772
CURRENT ASSETS
Debtors	12	1,499		1,499	2,065
cash at bank		36699	1,920	38,419	28,272
		37,99$	1,920	39,918	30,337
CREDITORS
Amounts falling due within one
year		(26,586)	(6~)	(32~)	(9,930)
NET CURRENT ASSETS		11p412	(4380)	7432	20,407
TOTAL ASSETSLESSCURRENT
LIABILITIES		92883	1486,926	1,1$8,929	1,164,179
CREDITORS
Amounts falling due after more
than one year					(6,300)
NET ASSETS		92,003	1,096,926	1,188,929	1,157,879
FUhlDS	16
Unrestricted funds				92,003	97,649
Endowment funds				~1096,926	1,060,230
TOTAL FUNDS				1,188,929	1,157,879

				2022	2021
				f	f
Dividend	income			3,973	4,216
Ground rent				100	100
COIF deposit account interest				2	3
				4,075	4,321
INCOME FROM		CHARITABLE ACTIVITIES
				2022	2021
				f	f
Almshouse	activity
Contributions		receivable		34,653	34,156
i.esses	from voids			(Ss039)
				29,614	34,156
CHARITABLE ACTIVITIES COSTS
			Direct	Support
			Costs lsee	costs (see
			note 6) f	note 1) f	Totals
Almshouse	activity		6,20$	5,143	11,351

COMPARATIVES FORTHESTATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FORTHESTATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FORTHESTATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Endowment	Total
			funds	funds	funds
			6		f
INCOME AND ENDOWMENTS		FROM
Charitable activities
Almshouse activity			34,156		34,156
Investment income			3,019	1,302	4,321
Total			37,175	1,302	38,477
EXPENDITURE Oie
Charitable activities
Almshouse activity			41,687		41,687
			(4,512)	1,302	(3,210)
Net gains on investments			13,522	8,007	21,529
NET INCOME			9,010	9,309	18,319
Transfers between fund s			(6,300)	6,300
Other recognised gains/(losses)
Gains on revaluation	offixed assets			40,150	40,150
Net movement in funds			2,710	55,759	58,469
RECOaICILIATION OF	FUNDS
Total funds brought	forwanl		94,939	1,004,471	1,099,410
TOTAL FUNDS CARRIED FORWARD			97,649	1,060,230	1,157,879

Cast ar valua	tion at 31M	arch 2022 is re	presented by:
				Priory	Fixtures
			Housing	Meadow	and
			properties f	land f	fittings E	Totals E
Accumulated	revaluation	gains	646,041			646,041
Cost			357,080		4,180	411,906
			1,003,121	50,646	4,180	1,057,947

During the year ended	During the year ended	31 Iyiarch	31 Iyiarch	2013 The National Association	2013 The National Association	2013 The National Association	of Almshouses		advanced	the	Charity an
interest free loan of f6D,ODD. The					loan is interest free but	subject to an arrangement fee				of E3,000. The
loan is repayable over 10years in half yearly instalments off3150							which commenced		fn April	2013.	The loan
is repayable asfollows;
									2022		2021
									f		f
Amounts falling due	within one year			on demand:
Other loans									6,30D		6,300
Amounts falling between		one	and two years:
Other loans —1-2years											6,300
MOVEMENT IN FUNDS
							Net	Transfers
						movement		between			At
					At 1.4.21		in funds		funds	31.3.22
					f				f		f
Unrestricted funds
Accumulated fund					13,707		21,271	(37,368)			(2,390)
Extraordinary repair	fund				24,842		2,724				27,566
Cyclical maintenance	fund				59,10D		2,603		5,124		66,827
					97,649		26,598	(32,244)			92,003
Endowment funds
Permanent endowment		fund			372,77$				52,244	405,417
Housing property revaluation			reserve		646,041					646,041
Capital recoupment	fund				41,411		4,057				45p468
					1,D60,230		4,452		32,244	1,096,926
TOTAL FUNDS					1,157,679		31,050			1,1881929

				Incoming	Resources	Gams and	Movement
				resources	expended	losses	in funds
				E	E	E	E
Unrestrtcted funds
Accumulated fund				34,S41	(41,687)	1,436	(5,410)
Extraordinary repair	fund			892		4,619	5,511
Cyclical maintenance	fund			1,442		7,467	8,909
				37,175	(41,687)	13,522	9,010
Endowment funds
Permanent endowment		fund		129		7,278	7,407
Housing property revaluation			reserve			33,541	33,541
Capital recoupment	fund			1,173		7,338	8,511
				1,302		48,157	49,459
TOTAL FUNDS				38,477	(41,687)	61,679	58,469
Fund and Reserves

			2022	2021
			E	E
INCOME AND	ENDOWhllENTS
Investment income
Dividend income			3,973	4,218
Ground rent			100	100
COIFdeposit account interest			2	3
			4,075	4,321
Charitable activities
Contributions	receivable		34,653	34,156
Losses from voids			(S,039)
			29,614	34,156
Total incoming	resources		33,6S9	38,477
EXPENDITURE
Charitable activities
Vacant property costs			418
Water charges			623	779
Insurance			985	1,141
Repairs and maintenance			1,744	1,665
Cyclical repairs			1,800
Extraordinary	repairs			32,849
Care)inc			134	256
Sundry expenses			32	40
Sad debts			457
Fixtures and fittings			15	17
			6,208	36,747
Support costs
Management
Accountancy	Fees		1,207	1,152
Independent	examination	fees	135	126
Clerk fees			3,614	3,480
Subscriptions			187	182
			5p143	4,940
Total resources expended			11,351	41,687
Net Income/(expenditure		)	22,338	(3,210)