THE ALEXANDRA HOMES
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022
DUDLEY GORE & CO. 50 QUEEN STREET
RAMSGATE KENT CT11 9EE
THE ALEXANDRA HOMES
| CONTENTS | PAGE |
|---|---|
| Trustees annual report | 1 |
| Independent Examiner’s report to the Trustees | 4 |
| Income and expenditure account | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 16 |
THE ALEXANDRA HOMES
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022
Officers and Financial Advisers
President
DS Gore
Vice-Presidents
Mrs J Gibbs SA Matsubara PJ Saunders
Trustees of the Freehold and Personal Estate DS Gore Mrs J Gibbs PJ Saunders SA Matsubara
Committee of Management P Graham (Chairman) JG Davies DS Gore SA Matsubara RCB Moulsdale N Pope PJ Saunders Rev D Watson (Resigned September 2022) MFJ Weston Mrs S White Mrs J Gibbs Mrs L Pittock
Bankers
Lloyds Bank Plc, 1/3 The Centre, Margate
Investment Advisers
Rathbones, Glasgow
Honorary Independent Examiners
Dudley Gore & Co, 50 Queen Street, Ramsgate, CT11 9EE
Warden
Mrs SE Lowe
Secretary/Treasurer
Mrs S-J Locking Tel: 01843 223601
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THE ALEXANDRA HOMES
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONT)
The Trustees present their report along with the financial statements of the charity for the year ended 30[th] September 2022. The financial statements have been prepared in accordance with the accounting policies set out on page 8 and comply with the charity’s trust deed and applicable law.
Constitution
The Alexandra Homes were founded in 1865 to commemorate the arrival off Margate of Princess Alexandra of Denmark in March 1863, shortly before her marriage to Edward, Prince of Wales. The homes are governed by a Deed of Settlement and are registered as a charity No. 211760.
Principal office
The Alexandra Homes, Tivoli Road, Margate, Kent CT9 5SG.
The names and addresses of other relevant organisations and individuals are shown on page 1.
Organisation
The names of the Trustees who have served during the year, other office holders and advisers of the Homes are as stated on page 1 of the annual accounts. Trustees are appointed by the board of Trustees and serve for three years after which period they may put themselves forward for re-appointment. The Trustees meet monthly (including via Zoom during the COVID19 pandemic restrictions) and as required, sub-committees are formed which report to the full board of Trustees. The Homes are particularly fortunate in having a dedicated team who undertake the day to day running of the charity, who are the Secretary/Treasurer, the Warden and one relief Warden. In addition, the Trustees represent a wide spectrum of abilities both professional and pastoral and are called upon regularly to give of their expertise.
Relationships with related organisations
The Trustees encourage close liaison with Orbit South Housing Association, Social Services, The Local Authority, The Almshouse Association and other similar organisations.
Objects
The objects of the Homes are to provide secure and inexpensive accommodation for the benefit of the elderly, worthy residents of Margate, and to provide for them a caring and happy environment in which to live.
The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Homes’ aims and objectives and in planning future activities.
Activities of the charity
The Trustees have adopted an ongoing policy for repair and refurbishment of the residential accommodation particularly having regard to the age and design of the properties. Residential units are being upgraded in accordance with current standards and conditions and the Trustees are mindful of their responsibilities in ensuring the well-being and security of the residents. Several properties have been fully refurbished throughout the year as they became vacant. Electric heating has been installed in Tivoli block to replace the unreliable gas-powered system. New gas boilers have been installed in flat 38 and for flats 24/26/28 following breakdowns. Some external doors have been completely stripped and repainted as the paintwork have become cracked and flaky where they are exposed to direct sunlight all year. The Quinquennial Inspection was carried out and a programme of works is now being compiled for the coming five years.
The COVID19 pandemic continued to impact on social activities at The Homes throughout the early part of the year. The Residents’ Lounge was subject to temporary closures in December 2021 and January 2022 as the Government restrictions were again put in place until finally reopening in March 2022 when all the restrictions were finally lifted. Since then, the residents have enjoyed regular coffee mornings and bingo evenings. There was a highly successful Platinum Jubilee party organised by some of the residents, and there are plans for a Christmas lunch in a local restaurant and New Year’s Eve party in the lounge.
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THE ALEXANDRA HOMES
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONT)
Financial review and investment policy
The principal income of the charity is from weekly maintenance contributions from the residents, supplemented by investment income, rent received from a property investment, and voluntary donations. The trustees consider that generally the charity’s incoming and outgoing resources are well structured and suitable to ensure the continued successful running of the homes.
The Trustees maintain a wide range of investments on the stock market and endeavour to maintain a policy of approximately 40% - 45% in fixed interest with the balance in equities.
The investments are regularly reviewed by the stockbrokers, and they assure us of the quality of the investments held. To facilitate investment management, the registration of the investments is held in a nominee company of the stockbrokers.
Reserves Policy
It is the policy of the Charity to maintain unrestricted funds, which are the free reserves (excluding investments) of the Charity, at a level that equates to approximately six months unrestricted expenditure. This provides sufficient funds to cover management, administration and support costs.
Risk Management
The Trustees have considered the major risks to which the charity is exposed, particularly those related to the operations and finances of the charity and are satisfied that systems are in place to mitigate our exposure to the major risks.
.
Trustees’ responsibilities in relation to the financial statements
The trustees are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures
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disclosed and explained in the financial statements.
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by:
……………………………
P Graham, Chairman Date:
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THE ALEXANDRA HOMES
INDEPENDENT EXAMINER’S REPORT
I report to the charity trustees on my examination of the accounts of the charity for the year ended 30 September 2022 which are set out on pages 5-18
Respective responsibilities of trustees and examiner
As the charity’s trustees of the Alexandra Homes you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Alexanda Homes accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Alexandra Homes as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Date:
PETER R SMITH
ICPA [Fellow] ACPA Dudley Gore & Co 50 Queen Street Ramsgate, Kent CT11 9EE
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THE ALEXANDRA HOMES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2022
| UNRESTRICTED RESTRICTED ENDOWMENT TOTAL FUNDS FUNDS FUND 2022£ 2022£ 2022£ 2022£ INCOMINGANDENDOWMENTSFROM Charitable activities Voluntary income 2 680 - - 680 Income from investments Investment property rent 9,180 - - 9,180 Income from investments 3 19,210 1,903 - 21,113 Income from charitable activities: Maintenance contributions 4 145,606 - - 145,606 Other income 643 - - 643 _______ TOTAL INCOMINGRESOURCES 175,319 1,903 - 177,222 _______ RESOURCESEXPENDED Charitable activities Maintenance and overheads 5 143,856 - 143,856 Grants to residents 6 - 2,760 - 2,760 Wardens 7 29,651 - - 29,651 Support costs 8 22,157 - - 22,157 Governance costs 9 984 - - 984 _______ TOTALRESOURCESEXPENDED 196,648 2,760 - 199,408 _______ NETINCOMING/[OUTGOING] RESOURCES FOR THE YEAR (21,329) (857) - (22,186) Gain/(loss) on investments 12 (52,747) (8,511) (61,258) Gain on freehold property investment 25,000 - 25,000 Transfers between funds - - - - _______ NET MOVEMENT IN FUNDS(49,076) (857) (8,511) (58,444) RECONCILIATION OFFUNDS Transfers between funds (492) 492 - - Total funds brought forward 813,695 1,850 35,949 851,494 _______ TOTALFUNDSCARRIEDFORWARD 764,127 1,485 27,438 793,050 _________ |
TOTAL 2021£ 1,675 7,658 21,004 144,526 485 _ 175,348 _ 101,960 1,860 29,218 32,683 960 _ 166,681 _ 8,667 63,163 20,000 - _ 91,830 - 759,664 _ 851,494 __ |
|---|---|
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THE ALEXANDRA HOMES
BALANCE SHEET AT 30 SEPTEMBER 2022
| UNRESTRICTED RESTRICTED ENDOWMENT TOTAL FUNDS FUNDS FUND 2022£ 2022£ 2022£ 2022£ FIXEDASSETS Tangible assets 13 101 - - 101 UK investments 14 756,591 - 26,489 783,080 ________ 756,692 - 26,489 783,181 ________ CURRENTASSETS Debtors 15 7,646 - - 7,646 Cash at bank and in hand 16 35,558 3,345 949 39,852 _______ 43,204 3,345 949 47,498 CREDITORS Amounts falling due within one year 17 35,769 1,860 - 37,629 _______ NET CURRENT ASSETS7,435 1,485 949 9,869 _______ TOTAL NET ASSETS 764,127 1,485 27,438 793,050 _______ FUNDS 764,127 1,485 27,438 793,050 __________ |
TOTAL 2021£ 137 819,967 _ 820,104 _ 5,916 40,260 _ 46,176 14,786 _ 31,390 _ 851,494 _ |
|---|---|
| 851,494 __ |
These accounts were approved by the Management Committee on and signed on their behalf by:
P Graham (Chairman)
S-J Locking (Secretary/Treasurer)
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
1. ACCOUNTING POLICIES
Statement of compliance
The financial statement of the charity, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland’, the Charities Act 2011 and the Church Accounting Regulations 2006. The financial statements have also been prepared under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Financial Reporting Standard 102 – reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these financial statements as permitted by FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland: - the requirement of section 7 Statement of Cash Flows.
- the requirement of Section 3 Financial Statement Presentation paragraph 3.17(d)
Expenditure
All expenditure is included in full in the Statement of Financial Activities on an accruals basis. All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably.
Income
Income is recognised on an accruals basis and when the charity is legally entitled to the income. No income is included net of expenditure. Rent is deferred if it is received in respect of the following accounting year. No other income is not deferred.
Investment income
Investment income is accounted for in the period in which the charity is entitled to receipt. Income from the endowment funds is restricted.
Legacies
Legacies are included when they become receivable. This is defined as being when there is sufficient certainty of receipt and the value can be measured with reasonable certainty.
Tangible fixed assets and depreciation
The Alexandra Homes have been fully depreciated to a nominal value of £1. Equipment costing approximately £150 or more is capitalised and depreciated at 25% reducing balance.
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONT.)
Fixed asset investments
All investments are professionally valued at the balance sheet date and the freehold investment property is valued by the trustees to reflect fair value, subject to the existing tenancy. Any gain or loss on revaluation is taken to the Statement of Financial Activities.
Funds
Details of the nature and purpose of each fund is set out in note 18.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Accounting estimates and judgements
No significant judgements have been made by management in preparing these financial statements.
Financial instruments
The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2. SUBSCRIPTIONS AND DONATIONS
Bequest s Other subscriptions and donations 3. INVESTMENT INCOME Dividends and interest Unrestricted Restricted Bank deposit interest Unrestricted Restricted |
2022 £ - 680 __ 680 _ 2022 £ 19,206 1,903 4 - 21,113 ___ |
2021 £ 1,665 10 __ 1,675 _ 2021 £ 19,158 1,842 - 4 21,004 ___ |
|---|---|---|
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONT.)
4. MAINTENANCE CONTRIBUTIONS
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Residents of Alexandra Homes | 145,606 | 144,526 |
| Others | - | - |
| ______ | ______ | |
| 145,606 | 144,526 | |
| ______ | ______ | |
| 5. MAINTENANCE AND OVERHEADS | ||
| 2022 | 2021 | |
| £ | £ | |
| General repairs and upkeep of grounds | 106,209 | 78,913 |
| Depreciation | 36 | 49 |
| Water rates | 5,679 | 4,528 |
| Council tax | 227 | 750 |
| Insurance | 3,520 |
3,314 |
| Lighting and heating | 26,230 | 12,397 |
| Emergency call system warranty and monitoring | 1,955 | 2,009 |
| ______ | ______ | |
| 143,856 | 101,960 | |
| ______ | ______ | |
| 6. GRANTS | ||
| 2022 | 2021 | |
| £ | £ | |
| Grants distributed to residents from: | ||
| Barker Trust restricted funds | 2,760 | 1,860 |
| ______ | ______ | |
| 2,760 | 1,860 | |
| ______ | ______ | |
| 7. WARDENS | ||
| 2022 | 2021 | |
| £ | £ | |
| Warden’s salary | 20,249 | 19,788 |
| Relief wardens | 8,390 | 8,769 |
| Employer’s pension | 1,012 | 661 |
| ______ | ______ | |
| 29,651 ______ |
29,218 ______ |
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONT.)
8. SUPPORT COSTS
| 8.SUPPORT COSTS | |
|---|---|
| UNRESTRICTED RESTRICTEDTOTAL FUNDS FUNDS 2022£ 2022 £ 2022£ Secretary’s remuneration 13,272 - 13,272 Employer’s pension 664 664 Printing and stationery 253 253 Telephone 791 - 791 Bank charges 347 347 Stockbroker’s nominee service fees 5,340 5,340 Computer costs 226 226 Professional fees 486 486 Subscriptions 402 - 402 Sundries 376 - 376 ______ 22,157 - 22,157 ______ 9. GOVERNANCE COSTS 2022 £ Honorarium (Independent examiner) 984 __ 984 _ 10. STAFF COSTS AND TRUSTEE’S REMUNERATION 2022 £ Salaries (notes 7 & 8) 41,911 Pension costs (notes 7 & 8) 1,676 43,587 ___ |
TOTAL 2021 £ 12,888 430 196 672 353 4,816 228 12,517 378 205 _ 32,683 _ |
2021 £ 960 __ 960 _ 2021 £ 41,445 1,091 42,536 ___ |
The average number of staff during the year (on a full time equivalent basis) was two. There is one part-time secretary, one full time warden and one part-time warden. No employee earned more than £60,000. Trustees received no benefits. No remuneration has been paid or is payable to any trustee or any persons connected to them.
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONT.)
11. INDEPENDENT EXAMINER’S HONORARIUM
The charity pays an honorarium to the independent examiner in relation to the accountancy services provided and the independent examination (note 9).
12. GAINS/(LOSSES) ON INVESTMENTS
| 2022 £ Revaluation of investments: Investments: Unrestricted funds (52,609) Barker Trust endowment fund (8,511) Sales of investments: Investments: Unrestricted funds (138) Barker Trust endowment fund - __ (61,258) ____ |
2021 £ 47,178 7,203 8,390 392 __ 63,163 ____ |
|---|---|
13. TANGIBLE FIXED ASSETS
Freehold land and buildings of the Alexandra Homes are included in the accounts at a nominal written down value of £1.
| Equipment | |
|---|---|
| £ | |
| Cost brought forward | 1,550 |
| ______ | |
| Depreciation brought forward | 1,413 |
| Charge for the year | 36 |
| ______ | |
| Carried forward | 101 ______ |
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONT.)
14. UK INVESTMENTS
| FREEHOLD INVESTMENTS INVESTMENT PROPERTY FAIR VALUE MARKET VALUE ££ At 1 October 2021 225,000 533,080 Fair value movement 25,000 Acquisitions at cost - Disposals at brought forward market value - Unrealised gain/(loss) on year end revaluation - ___ Total 250,000 533,080 ___ |
TOTAL £ 758,080 25,000 __ 783,080 ____ |
|---|---|
A full schedule of investments is shown on page 15
The above investments are held to provide an investment return for the charity, rather than being part of its charitable activities.
15. DEBTORS
Sundry debtors Maintenance contribution debtor Prepayments 16. CASH AT BANK AND IN HAND Lloyds TSB current account Lloyds TSB instant access accounts Held by stockbrokers Cash in hand |
2022 £ 5,449 - 2,197 __ 7,646 _ 2022 £ 11,074 28,753 - 25 39,852 ___ |
2021 £ 3,774 - 2,142 __ 5,916 _ 2021 £ 10,573 29,649 21 17 40,260 ___ |
|---|---|---|
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONT.)
17. CREDITORS
Amounts falling due within one year
Accrued expenditure Reserve for grants Received in advance Provision for heating repairs |
2022 £ 5,769 1,860 - 30,000 __ 37,629 ____ |
2021 £ 12,590 1,860 336 - __ 14,786 ____ |
|---|---|---|
18. FUNDS
Movement on funds:
Balances at 30 September 2022 are represented by:
Unrestricted Funds General funds Appeal fund Fair value reserve Restricted funds: Barker Trust Anne Groom Endowment Fund: Barker Trust Anne Groom Total funds |
NET GAIN/(LOSS) AS AT INCOMING ON TRANSFERS AS AT 1/10/2021 RESOURCES INVESTMENTS 30/09/2022 681,195 (21,329) (52,747) (492) 606,627 - - - - - 132,500 25,000 - - 157,500 1,850 (857) - 492 1,485 - - 35,949 - (8,511) - 27,438 - - - - - ____________ 851,494 12,814 (61,258) - 793,050 _______________ |
|---|---|
Balances at 30 September 2021 are represented by:
| NET | GAIN/(LOSS) | |||
|---|---|---|---|---|
| AS AT INCOMING |
ON |
TRANSFERS | AS AT | |
| 1/10/2020 RESOURCES | INVESTMENTS | 30/09/2021 | ||
| Unrestricted Funds | ||||
| General funds | 614,457 8,681 | 55,960 | 2,097 | 681,195 |
| Appeal fund | - - | - | - | - |
| Fair value reserve | 112,500 20,000 | - | - | 132,500 |
| Restricted funds: | ||||
| Barker Trust | 1,864 (14) | - | - | 1,850 |
| Anne Groom | - - | - | - | - |
| Endowment Fund: | ||||
| Barker Trust | 28,746 - | 7,203 | - | 35,949 |
| Anne Groom | 2,097 - | - | (2,097) | - |
| _______________ | ||||
| Total funds | 759,664 28,667 | 63,163 | - | 851,494 |
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THE ALEXANDRA HOMES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 (CONT.)
18. FUNDS (CONTINUED)
Balances at 30 September 2022 are represented by:
Unrestricted Funds General funds Appeal fund Fair value reserve Restricted funds: Barker Trust Anne Groom Endowment Fund: Barker Trust Anne Groom Total funds |
TANGIBLE FIXED ASSET CASH AT ASSETS INVESTMENTS DEBTORS BANK CREDITORS TOTAL 101 599,091 7,646 35,558 (35,769) 606,627 - - - - - - - 157,500 - - - 157,500 - - - 3,345 (1,860) 1,485 - - - - - - - 26,489 - 949 - 27,438 - - - - - - ____________ 101 783,080 7,646 39,852 (37,629) 793,050 _______________ |
|---|---|
Balances at 30 September 2021 are represented by:
Unrestricted Funds General funds Appeal fund Fair value reserve Restricted funds: Barker Trust Anne Groom Endowment Fund: Barker Trust Anne Groom Total funds |
TANGIBLE FIXED ASSET CASH AT ASSETS INVESTMENTS DEBTORS BANK CREDITORS TOTAL 137 652,467 5,916 35,601 (12,926) 681,195 - - - - - - - 132,500 - - - 132,500 - - - 3,710 (1,860) 1,850 - - - - - - - 35,000 - 949 - 35,949 - - - - - - ____________ 137 819,967 5,916 40,260 (14,786) 851,494 _______________ |
|---|---|
The Barker Trust was founded by Will and Codicils of William Barker proved in February 1877. The income of the Trust is to be applied first in lighting with gas the lamp placed by the Testator in the Alexandra Homes. Secondly in supplying in the months of April and October in every year to everyone in the Homes a half chaldron of coke to be broken and delivered to the residents and then to pay and apply in money the annual income of the Trust among the residents of the Alexandra Homes in such proportion as the Vicar of St John the Baptist, Margate and the Trustees of the Homes might think best.
In previous years the committee designated some funds towards an Appeal Fund in respect of the modernisation of the property.
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THE ALEXANDRA HOMES
SCHEDULE OF INVESTMENTS AT 30 SEPTEMBER 2022
Fixed interest securities 63,579 Aberdeen Standard Fund Global Index Linked Bond 35,164 Aberdeen Standard Fund Inv Grade Corp Bond 19,800 Liontrust Monthly Income Bond 25,583 M&G Corporate Bond Sterling Inc 23,662 M&G Global Macro Bond PP Inc 18,335 CT Investment Funds Sterling Corp Bond 18,650 Treasury Stock 4.125% Index Linked 2030 Ordinary shares 4,900 Allianz Technology Trust 7,500 Ruffer Investment Co Preference shares 12,200 Greencoat UK Wind plc 35,000 Artemis Global Income Inst Inc 45,000 Bankers Investment Trust 2,500 Brunner Investment Trust 3,250 BP Ord US $0.25 1,000 Diageo Plc 28.94p 400 GlaxoSmithKline Plc 25p 3,800 Henderson Far East Income Ltd 1,500 HSBC Holdings 1,600 Murray International Trust Plc 2,200 Murray Income Trust Plc 100 Novartis 700 Royal Dutch Shell ’B’ 225 Unilever Plc 14,500 Lowland Inv Co 350 Admiral Group 8,000 Vodafone 500 Haleon Fixed interest securities (Barker Trust) 12,000 Standard Chartered Plc 7.375% Non-cum Irred Pref 11,000 Lloyds Banking Group 9.25% Preference Total |
2022 Market value 32,578 14,583 14,798 19,883 21,700 14,844 61,346 _ £179,732 _ 10,903 21,600 18,361 37,118 43,155 23,450 14,076 37,975 5,223 10,032 7,010 18,720 16,368 6,874 15,725 8,930 15,152 6,701 8,090 1,396 _ £326,859 _ 12,162 14,327 __ £26,489 _ £533,080 _ |
|---|---|
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THE ALEXANDRA HOMES
SCHEDULE OF INVESTMENTS AT 30 SEPTEMBER 2021
Fixed interest securities 63,579 Aberdeen Standard Fund Global Index Linked Bond 35,664 Aberdeen Standard Fund Inv Grade Corp Bond 19,800 Liontrust Monthly Income Bond 25,583 M&G Corporate Bond Sterling Inc 21,250 M&G Global Macro Bond JJ Inc 18,335 Threadneedle UK Corp Bond 2 Inc 18,650 Treasury Stock 4.125% Index Linked 2030 Ordinary shares 7,500 Ruffer Investment Co Preference shares 12,200 Greencoat UK Wind plc 50,000 Artemis Global Income Inst Inc 45,000 Bankers Investment Trust 2,500 Brunner Investment Trust 3,250 BP Ord US $0.25 1,000 Diageo Plc 28.94p 500 GlaxoSmithKline Plc 25p 3,800 Henderson Far East Income Ltd 1,500 HSBC Holdings 1,600 Murray International Trust Plc 2,200 Murray Income Trust Plc 100 Novartis 700 Royal Dutch Shell ’B’ 225 Unilever Plc 1,450 Lowland Inv Co 350 Admiral Group 8,000 Vodafone |
2021 Market value 39,947 19,840 20,021 25,644 22,763 19,571 70,960 _ £218,746 _ 21,750 15,836 54,485 49,680 25,750 11,060 36,060 7,018 11,267 5,851 17,472 19,316 6,108 11,547 9,011 19,068 10,878 9,064 _ £341,221 _ |
|---|---|
Fixed interest securities (Barker Trust)
| 12,000 Standard Chartered Plc 7.375% Non-cum Irred Pref 11,000 Lloyds Banking Group 9.25% Preference Total |
16,272 18,728 __ £35,000 _ £594,967 _ |
|---|---|
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