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2021-04-05-accounts

REPORT TO EAST FARLEIGH PARISH COUNCIL

THE SIR JOHN FRANKLIN CHARITY FOR

ALMSHOUSES

CHARITY NO. 210899

ANNUAL REPORT 2020-21

Committee

The Committee Members:-

Richard Yaxley – Chairman

Debbie McKay – Trustee Treasurer

Hilary Moon - Honorary Secretary

Peter Jennings – Trustee Building Maintenance

Trustee Gardens – position vacant

Introduction

This year has been a difficult year for all of us , with Covid interfering with the way we live our lives and with the third wave, it has become apparent that we all now know someone that has the virus clearly a sign of how careful we all need to be. Fortunately all the residents and Trustees have managed to avoid Covid.

Cottages

With regard to the ongoing maintenance issues on such old buildings we have had to cut back on some of the internal work to the restrictions of Covid, only emergency work has been carried out, namely the replacing of the gable ends weather boarding that was torn out during a storm – during this work we took the opportunity to increase the insulation . Also some updating of the electrics ‘deemed unsafe’ was carried out.

The grounds of the cottages have not been neglected by Covid, our contract gardeners along with some help from the residents have managed to keep them looking neat and tidy.

Committee

Last year we saw the resignation of one of our Committee members Trevor Jones, we thank him for his work on the Committee and wish him well.

I would like to take this opportunity in thanking all the past and current members of the Committee for all their work they do in supporting this charity.

Residents

Despite the difficult times, in general the residents continue to live in relative harmony and in good health.

Summary

With the continued support of the Committee and in spite of Covid we will do our best to continue our work for the charity in maintaining the cottages and gardens, to ensure a pleasant environment for all residents to live in.

Chairman

Almshouses

R.F. YAXLEY

SIR JOHN FRANKLYN CHARITY FOR ALMSHOUSES

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDING 5 APRIL 2021

Prepared by P V Heynes CPFA

SIR JOHN FRANKLYN’S CHARITY FOR ALMSHOUSES

ACCOUNTANTS REPORT ON UNAUDITED FINANCIAL STATEMENTS

In accordance with your instructions I have compiled these unaudited accounts from the accounting records, information and explanations supplied to me.

PV Heynes CPFA

14 May 2021

SIR JOHN FRANKLYN’S CHARITY FOR ALMSHOUSES

INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 5 APRIL 2020

2021 2020
£ £
£
£
INCOME
- Weekly Maintenance Contributions 31,724.00 31,220.00
- Dividends 1,638.29 1465.26
- Insurance Claim 1,949.20 -
- Transfers to Investment Accounts (4,200.00) (4,200.00)
- Bank Interest 0.05 0.24
____ ___
31,111.54 28,485.50
EXPENDITURE
- Major Building Repairs
6,220.00
-
- Building Maintenance
7,794.00 3,638.84
- Plumbing and Heating
1,247.76
-
- Water
1,505.50 1,719.47
- Insurance
1,073.33 1,034.51
- Gardening
946.50 1,441.40
- Window Cleaning
360.00 280.00
- Pest Control / Waste
256.00 436.00
- Subscriptions
212.00 209.00
- Administration
12.58 564.72
- Gifts
37.45 292.66
- Accountancy
300.00 300.00
__ __
19,965.12 9,916.60
__ __
SURPLUS / (DEFICIT) FOR THE YEAR 11,146.42 18,568.90
========= ==========

Page 1

SIR JOHN FRANKLYN’S CHARITY FOR ALMSHOUSES

BALANCE SHEET FOR YEAR ENDING 5 APRIL 2021

2021
2020
£
£
£
£
INVESTMENTS
- NAACIF Endowment Income 42,384.78
29,977.54
- NAACIF Repair Fund
134,905.02
101,781.60
- NAACIF Extraordinary Repair Fund 67,894.99
51,068.42
245,184.79
182,827.56
BANK & CASH ACCOUNTS
- Nat West Bank Current Account 50,426.08
39,037.68
- Nat West Bank Reserve Account 104.04
103.99
- Cash in Hand 153.81
203.84
50,683.93 39,345.51
CREDITORS
- Accruals & Prepayments (492.00)
(300.00)
50,191.93 39,045.51
TOTAL FUNDS 295,376.72
221,873.07
=========
=========
REPRESENTED BY:
- Total Funds as at 6 April 2020 221,873.07
242,104.61
- Surplus / (Deficit) for the Year 11,146.42
18,568.90
- Increase / (Decrease) in Value of Investments
62,357.23
(38,800.44)
295,376.72 221,873.07
===========
==========
I approve the financial information set out in pages 1 and 2. I acknowledge my responsibility for the
financial information and for providing P Heynes with all information and explanations necessary for
its completion.
_______ _____
Deborah McCay Date:

Page 2

SIR JOHN FRANKLYN CHARITY FOR ALMSHOUSES

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDING 5 APRIL 2021

Prepared by P V Heynes CPFA

SIR JOHN FRANKLYN’S CHARITY FOR ALMSHOUSES

ACCOUNTANTS REPORT ON UNAUDITED FINANCIAL STATEMENTS

In accordance with your instructions I have compiled these unaudited accounts from the accounting records, information and explanations supplied to me.

PV Heynes CPFA

14 May 2021

SIR JOHN FRANKLYN’S CHARITY FOR ALMSHOUSES

INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDING 5 APRIL 2020

2021 2020
£ £
£
£
INCOME
- Weekly Maintenance Contributions 31,724.00 31,220.00
- Dividends 1,638.29 1465.26
- Insurance Claim 1,949.20 -
- Transfers to Investment Accounts (4,200.00) (4,200.00)
- Bank Interest 0.05 0.24
____ ___
31,111.54 28,485.50
EXPENDITURE
- Major Building Repairs
6,220.00
-
- Building Maintenance
7,794.00 3,638.84
- Plumbing and Heating
1,247.76
-
- Water
1,505.50 1,719.47
- Insurance
1,073.33 1,034.51
- Gardening
946.50 1,441.40
- Window Cleaning
360.00 280.00
- Pest Control / Waste
256.00 436.00
- Subscriptions
212.00 209.00
- Administration
12.58 564.72
- Gifts
37.45 292.66
- Accountancy
300.00 300.00
__ __
19,965.12 9,916.60
__ __
SURPLUS / (DEFICIT) FOR THE YEAR 11,146.42 18,568.90
========= ==========

Page 1

SIR JOHN FRANKLYN’S CHARITY FOR ALMSHOUSES

BALANCE SHEET FOR YEAR ENDING 5 APRIL 2021

2021
2020
£
£
£
£
INVESTMENTS
- NAACIF Endowment Income 42,384.78
29,977.54
- NAACIF Repair Fund
134,905.02
101,781.60
- NAACIF Extraordinary Repair Fund 67,894.99
51,068.42
245,184.79
182,827.56
BANK & CASH ACCOUNTS
- Nat West Bank Current Account 50,426.08
39,037.68
- Nat West Bank Reserve Account 104.04
103.99
- Cash in Hand 153.81
203.84
50,683.93 39,345.51
CREDITORS
- Accruals & Prepayments (492.00)
(300.00)
50,191.93 39,045.51
TOTAL FUNDS 295,376.72
221,873.07
=========
=========
REPRESENTED BY:
- Total Funds as at 6 April 2020 221,873.07
242,104.61
- Surplus / (Deficit) for the Year 11,146.42
18,568.90
- Increase / (Decrease) in Value of Investments
62,357.23
(38,800.44)
295,376.72 221,873.07
===========
==========
I approve the financial information set out in pages 1 and 2. I acknowledge my responsibility for the
financial information and for providing P Heynes with all information and explanations necessary for
its completion.
_______ _____
Deborah McCay Date:

Page 2