2021-03-31-accounts

			Page	Page
Reference and Admiaistrative	Details
Report ofthe Trustees		2	to	4
Report ofthe Independent Auditors		5	to	8
Statement ofFinancial Activities
Statement ofFinancial Position			10
Statement ofCash Flows
Notes to the Statement ofCash	Flows		12
Notes to the Financial Statements		13	to	21
Detailed Statement ofFinancial	Activities	22	to	23

TRUSTEES	Mr KSDonaldson	Mr KSDonaldson
	Mr GBendon Chairman
	Mr IM Steel
	Mrs JBlackburn	(resigned 31/12/2020)
	Mr MFoster
	Mr CGalbraith
	Mrs SM Parsons
	Mrs SPhillips
	Mrs A Wing
	Cllr A Patmore
	Cllr JBacon
	Dr PLock
	Mr JBilsby
	Mrs JCubison (appointed 22/3/2021)
	Rev P Hunt (appointed		22/3/2021)
PRINCIPAL ADDRESS	Old Hastings House
	132High Street
	Hastings
	East Sussex
	TN34 3ET
REGISTERED CHARITY	211415
NUMBER
AUDITORS	Acuity Professional	Partnership		LLP
	Unit 2.02
	High Weald House
	Glovers End
	Bexhill
	East Sussex
	TN39 5ES
TRUSTEESEMERITUS	A Slack
	GRDKellie

		2021	2020
		Unrestricted	Total
		fund	funds
	Notes	8	8
INCOME AND ENDOWMENTS FROM
Donations and legacies		1444
Investment income		514&190	476,987
Total		515,434	476,987
EXPENDITURE ON
Charitable activities
Grants in Aid Pensioner's Christmas Bonus HAEC-Outreach worker Governance Costs Support Costs Pensions		159,462 5,790 29,463 2,640 33,712 66,690	122,126 6,330 56,250 2,640 27&273 70,410
Investment property cost		87,543	85,365
Total		385,300	370,394
Net gains/(losses) on investments		1,695,127	(245,433)
NET INCOME/(EXPENDITURE)		1&825,261	(138,840)
RECONCILIATION OF FUNDS
Total funds brought forward		13,856,898	13,995,738
TOTAL FUNDS CARRIED FORWARD		15,682,159	13,856,898

			2021	2020
			Total	Total
			funds	fuads
		Notes
FIXEDASSETS
Investments
Investments			9792081	8096954
Investment property			5,609,500	5,609,500
			15,401,581	13,706,454
CURRENT ASSETS
Debtors: amounts Cash at bank	falling due within one year	10	13,787 280&192	56,514 102,018
			293,979	158,532
CREDITORS
Amounts falling due within one year			(13,401)	(8,088)
NET CURRENT ASSETS			280,578	150,444
TOTAL ASSETS	LESSCURRENT
LIABILITIES			15,682,159	13,856,898
NET ASSETS			15&682&159	13 856 898
FUNDS		12
Unrestricted funds:
General fund			15,682,159	13,856,898
TOTAL FUNDS			15,682,159	13,856,898

			2021	2020
		Notes
Cash flows from operatiag activities
Cash generated kore operations			(100,925)	(209,044)
Net cash used in operating activities			(100&925)	(209,044)
Cash flows from investing activities
Purchase ofInvestment property Dividends received			279,099	(90,000) 272,549
Net cash provided by investing activities			279,099	182,549
Change in cash and cash equivaleats	in the
reporting period Cash and cash equivalents at the beginning			178&174	(26,495)
ofthe reporting period			102,018	128,513
Cash and cash equivaleats at the end	ofthe
reporting period			280,192	102,018

RECONCILIATION OF ACTIVITIES	NET INCOME/(EXPENDITURE) TO NET CASH	FLOW FROM	OPERATING
		2021	2020
			f.
Net income/(expenditnre) ofFinancial Activities) Adjustments for:	for the reporting period (as per the Statement	1,825461	(138,840)
(Gain)/losses on investmcnts Dividends received Decrease/(increase) in debtors Increase/(decrease) in creditors		(1,695,127) (279,099) 42,'727 5,313	245,433 (272,549) (30,459) (12,629)
Net cash used in operatioas		(100%925)	(209,044)
ANALYSIS OFCHANGES IN NET FUNDS
	At 1.4.20	Cash flow	At31.3.21
Net cash		5	5
Cash at bank	102,018	178,174	280,192
	102,018	178,174	280,192
Total	102,018	178,174	280,192

2.	DONATIONS AND LEGACIES
		2021	2020
			6
	Donations	1444
3.	INVESTMENT INCOME
		2021	2020
	Rents received Dividends	235,091 279,099	204,438 272,549
		514,190	476,987

						Support
					Direct	casts (see
					Costs	note 5)	Totals
Grants in Aid Pensioner's Christmas Bonus HARC-Outreach worker Governance Costs Support Costs Pensions					159,462 5,790 29,463 8,511 66,690	2,640 25,201	0 159,462 5,790 29,463 2,640 33,712 66,690
					269,916	27,841	297,757
SUPPORT	COSTS
					Other
					support	Governance
				Finance	COStS	casts	Totals
Governance Costs Support Costs				718	24,483	2,640	2,640 25401
				718	24,483	2,640	27,841

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACT	IVITIES
	Unrestricted
	fund
INCOME AND ENDOWMENTS FROM
Investment income	476,987
EXPENDITURE ON
Charitable activities
Grants in Aid	122,126
Pensioner's Christmas Bonus	6,330
HAEC-Outreach worker	56,250
Governance Costs	2,640
Support Costs	27:273
Pensions	70,410
Invesnnent property cost	85,365
Total	370,394
Net gains/(losses) on investments	(245,433)
NET INCOME/(EXPENDITURE)	(138,840)
RECONCILIATION OFFUNDS
Total funds brought forward	13,995,738
TOTAL FUNDS CARRIED FORWARD	13,856,898

					Listed
					investments
	Market value
	At 1April 2020				8,096,954
	Revaluations				1,695,127
	At 31March 2021				9,792,081
	Net book value
	At 31March 2021				9,792,081
	At 31March 2020				8,096,954
	There were no investment		assets outside the UK.
	Cost or valuation	at 31March 2021 is represented		by:
					Listed
					investments
	Valuation in 2021				1,695,127
	Cost				8,096,954
					9,792,081
9.	INVESTMENT	PROPERTY
	Fair value
	At 1April 2020
	and 31March 2021				5,609,500
	Net book value
	At 31March 2021				5,609400
	At 31March 2020				5,609,500

						2021	2020
						5
	Trade debtors					1,836
	Other debtors					7,873	52,436
	Rent arrears					4,078	4,078
						13,787	56,514
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE				YEAR
						2021	2020
	Other creditors					1,000	1,000
	Unpaid grants					9,761	4,449
	Accruals and	deferred income				2,640	2,639
						13,401	8,088
12.	MOVEMENT		IN FUNDS
						Net
						movement	At
					At 1.4.20	in funds	31.3.21
	Unrestricted	funds
	General fund				13,856,898	1,825,261	15,682,159
	TOTALFUNDS				13,856,898	1,825,261	15,682,159
	Net movement		in funds, included	in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				g
	Unrestricted	funds
	General fund			515,434	(385,300)	1,695,127	1,825,261
	TOTAL FUNDS			515,434	(385,300)	1,695,127	1,825,261

			Net
			movement	At
		At1.4.19	in funds	31.3.20
Unrestricted	funds
General fund		13,995,738	(138,840)	13,856,898
TOTAL FUNDS		13,995,738	(138,840)	13,856,898

			Incomiag	Resources	Gains and	Movem eat
			resources	expended	losses	in funds
				8	f,
Unrestricted		funds
General	fund		476,987	(370,394)	(245,433)	(138,840)
TOTAL	FUNDS		476,987	(370,394)	(245,433)	(138,840)

				Net
				movement	At
			At 1.4.19	in funds	31.3.21
Unrestricted		funds
General	fund		13,995,738	1,686,421	15,682,159
TOTAL	FUNDS		13,995,738	1,686,421	15,682,159

		Incoming	Resources	Gains aad	Movement
		resources	expended	losses	in funds
			5
Unrestricted	funds
General fund		992,421	(755,694)	1,449,694	1,686,421
TOTAL FUNDS		992,421	(755,694)	1,449,694	1,686,421

GAINS /(L	OSSES) ON INVKSTMKNTS
		2021	2020
			5
Unrealised
Revaluation	on fixed asset investments	(1,695,127)	245,433
COIF income share
Total (Loss/(Gain)		~1695127	~245 433

				2021	2020f
INCOME AND		ENDOWMENTS
Doaations and legacies
Donations				1444
Investment income
Rents received				235,091	204,438
Dividends				279,099	272,549
				514,190	476,987
Total incoming	resources			515,434	476,987
EXPENDITURE
Charitable activities
HARC - Outreach		worker contribution		29,463	56,250
Pensioner's bonus				5,790	6,330
Pensions				66,690	70,410
Grants to institutions				126,382	85,597
Grants to individuals				41,591	36,529
				269,916	255,116
Investment property			cost
Utilities					13,158
Insurance				7,782	4,093
Expenditure on properties				9,993	2,234
Rent collection				26,397	23,266
Property repairs				38,550	42,380
Legal fees				4,821	234
				87,543	85,365
Support costs
Finance
Bank charges				718	601
Other support	costs
Sundries				551	3,300
Carried forward				551	3,300

		2021	2020
		K	8
Other support costs Brought forward M&L contribution to OHH office M&L contribution to OHH payroll		551 8,294 15,638	3,300 8,100 15,272
		24,483	26,672
Governance costs Audit fees		2,640	2,640
Total resources expended		385400	370,394
Ni		130,134	106,593