## ## ## |Contents|||Page| |---|---|---|---| |List ofTrustees and Officials|||| |Report ofthe|Trustees||2-8| |Report ofthe|Independent|Auditors|9-10| |Consolidated|Statement|of Financial Activities|| |Consolidated|and Parent|Charity Balance Sheets|12| |Consolidated|Cash Flow|Statement|13| |Notes to the|Accounts||14 —32| ## |Mr KJ Revell (appointed 9Jun|Mr KJ Revell (appointed 9Jun|Mr KJ Revell (appointed 9Jun|e 2021)|||| |---|---|---|---|---|---|---| |The Officers, Senior Managers|||and principal|external advisors are:||| |Master and|Chief Executive|||Mr AJBames (resigned 31|July|2021)| |Interim Master and||Chief Executive||Miss N STansley BA (appointed||23July 2021)| |Clerk &Company||Secretary||Mr W RC Riley (retired 30 April||2021)| |||||Mr D Chapman
(appointed 9June 2021)||| |Executive Manager||||Miss N STansley BA||| |Care Manager||||Ms A M Loveday
RGN (resigned||18December 2020)| |||||Ms N Shrimpton
(appointed|20January 2021)|| |Estate Manager||||Mr A Buckingham
BSc||| |Finance Manager||||Miss ETabora ACCA||| |Chaplain||||The Rev'd Canon E Langan||| |Steward||||Mr N FSaffell FRICS||| |Principal Office||||The Great Hospital||| |||||Bishopgate||| |||||Norwich||| |||||NR1 4EL||| |Bankers||||Barclays Bank Pic||| |||||5-7 Red Lion Street||| |||||Norwich||| |||||NR1 3QH||| |Solicitors||||Leathes Prior||| |||||74The Close||| |||||Norwich||| |||||NR1 4DR||| |Auditors||||Larking Gowen LLP||| |||||King Street House||| |||||15Upper King Street||| |||||Norwich||| |||||NR3 1RB||| |Investment|Managers|||Investec Wealth and Investment||Limited| |||||30Gresham Street||| |||||London||| |||||EC2V 7QN||| ## ## ## ## ## ## ## ## ## ## ## ## ## |The Value for Money metrics set out below s
the standard.
Metrics and Basis||ho|w how the|Great Hospital
had|performed
since the i|ntroduction
| |---|---|---|---|---|---|---| ||||||2021|2020| |1.
Reinvestment|||||3%|3%| |The metrics looks at the Investment
in properties|||both new and existing|||| |as a percentage
ofthe value oftotal properties||held.||||| |2.
New Supply Delivered||||||| |3.
Gearing|||||-8%|-5%| |This metric assesses how much ofthe assets are||made up ofdebt||and||| |the degree ofdependence
on debt finance.||||||| |4.
Earnings before interest, tax, depreciation,||amortisation,||major||| |repairs included
(EBITDA MRI) Interest Cover|||||1,165%|1,013%| |This is a key indicator for liquidity
and investment|capacity.|||||| |5.
Headline Social Housing cost per unit|||||F20,113|818,092| |This metric assesses the headline social housing||cost per unit||||| |as defined by the Regulator.||||||| |6.
Operating
Margin||||||| |This metric measures
profitability,
and isa way of||measuring||||| |the financial efficiency ofa business.||||||| |Operating
Margin
(A)|||||73%|-59%| |Operating
Margin (B)|||||22%|-6%| ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|Endowment|2021|2020| |---|---|---|---|---|---|---|---|---|---| |||||Notes|Fund|Fund
f|Fund
f|Total
f|Total| |Income and endowments||from:|||||||| |Donations and legacies|||||58,054|||58,054|2,641| |income from charitable|activities:||||||||| |Contributions
from residents|||||1,301,974|||1,301,974|1,282,095| |Other trading activities:|||||||||| |Functions|||||||||77,556| |Shop Income|||||135|||135|5,655| |Investments:|||||||||| |Property
Income||||4|||240,613|240,613|243,037| |Interest and investment|income|||10|||408,163|408,163|484,928| |Otherincome|||||2,017|||2,017|5,586| |Total income and endowments|||||1,362,180||648,776|2,010,956|2,101,498| |Expenditure
on:|||||||||| |Cost ofraising funds:|||||||||| |Investment
management||costs|||||133,818|133,818|116,220| |Expenditure
on charitable||activities:|||||||| |Services|||||1,214,163|||1,214,163|1,097,500| |Management
Maintenance|||||479,572
340,068|||479,572
340,068|472,802
244,912| |Depreciation|||||259,398|17,104||276,502|270,116| |Expenditure
on other trading|||activities:||||||| |Functions expenditure||||||||8|26,180| |Other expenditure|||||2,453|||2,453|4,514| |Total expenditure|||||2,295,662|17,104|133,818|2,446,584|2,232,244| |Net income I(expenditure)|||before||||||| |gains and losses on investments|||||(933,482)|(17,104)|514,958|(435,628)|(130,746)| |Net gains / (losses) on|investments|||15816|||3,270,987|3,270,987|(1,519,226)| |Net income I (expenditure)|||||(933,482)|(17,104)|3,785,945|2,835,359|(1,649,972)| |Transfers
between funds||||23824|900,000||(900,000)||| |Net movement
in funds|||||(33,482)|(17,104)|2,885,945|2,835,359|(1,649,972)| |Reconciliation
offunds:|||||||||| |Total funds brought
forward|||||9,038,294|513,119|22,267,253|31,818,666|33,468,638| |Total funds carried forward|||||9,004,812|496,015|25,153,198|34,654,025|31,818,666| ## |||||Consolidated|Consolidated|Parent|Charity| |---|---|---|---|---|---|---|---| ||||Notes|2021|2020|2021|2020| |Fixed assets|||||||| |Housing Association Scheme properties|||14a8b|737,038|762,453|737,038|762,453| |Equipment|||14a8b|298,806|80,591|298,806|80,591| |Improvements
to Great Hospital||buildings|14a8b|7,463,593|7,654,837|7,463,593|7,654,837| |Property
in the course ofconstruction|||14a8d)|187,993|187,993|7,343|7,343| |Investment
properties|||15|5,850,561|5,645,286|5,850,561|5,645,286| |Investments|||16822|19,430,662|16,314,856|19,430,663|16,314,856| |Programme
related investment|||17|||173,000|145,000| |||||33,968,653|30,646,016|33,961,004|30,610,366| |Current assets|||||||| |Stock|||18|6,649|5,189|6,649|5,189| |Debtors and prepayments|||19|179,972|931,890|188,234|957,415| |Cash at bank and in hand||||802,553|391,916|800,227|389,449| |Cash held by investment|brokers|||9,710|153,640|9,710|153,640| |||||998,884|1,482,635|1,004,820|1,505,693| |Less:|||||||| |Creditors:|||||||| |Amounts
falling due within|one year||20|(220,637)|(216,262)|(215,909)|(203,670)| |Net current assets||||778,247|1,266,373|788,911|1,302,023| |Total assets less current liabilities||||34,746,900|31,912,389|34,749,915|31,912,389| |Less:|||||||| |Creditors:|||||||| |Amounts
falling due after|one year||21|(92,875)|(93,273)|(92,875)|(93,273)| |Total net assets||||34,654,025|31,818,666|34,657,040|31,818,666| |Represented
by:|||||||| |The funds ofthe charity:|||||||| |Endowment
fund|||23|25,153,198|22,267,253|25,153,198|22,267,253| |Restricted fund|||24|496,015|513,119|496,015|513,119| |Income fund (unrestricted)|||24|9,004,812|9,038,294|9,007,827|9,038,294| |||||34,654,025|31,818,666|34,657,040|31,818,666| ## ||||||2021f|2020f| |---|---|---|---|---|---|---| |Net cash oufflow from operating||activities (see below)|||(53,169)|951,528| |Cash Flows from investing
activities||||||| |Interest, dividends
and rents received|||||648,776|727,965| |Purchase offixed assets|||||(278,059)|(281,176)| |Investment
property
transactions||||||| |Proceeds from sale ofinvestments||property||||| |Proceeds from sale ofinvestments|||||2,922,814|2,472,515| |Purchase of investments|||||(2,972,909)|(4,347,023)| |Net cash provided
by investing|activities||||320,622|(1,427,719)| |Cash flows from financing
activities||||||| |Repayment
of borrowing|||||(746)|(760)| |Net cash provided
by financing|activities||||(746)|(760)| |Change
in cash and cash equivalents
in the year|||||266,707|(476,952)| |Cash and cash equivalents
brought||forward|||545,556|1,022,508| |Cash and cash equivalents
carried forward|||||812,263|545,556| |Reconciliation
ofnet income to|net cash outflow from operating||activities|||| ||||||2021f|2020f| |Net income
/ (Loss)|||||2,835,359|(1,649,972)| |Interest, dividends
and rents received|||||(648,776)|(727,965)| |(Gains)/Losses
on investments|||||(3,270,987)|1,519,226| |Depreciation|||||276,503|270,116| |Decrease
/ (increase)
in debtors|||||751,918|1,499,285| |Decrease /(increase)
in stock|||||(1,460)|(949)| |Increase
/ (decrease) in creditors|||||4,274|41,787| |Net cash oufflow from operating||activities|||(53,169)|951,528| |Analysis ofchanges
in cash and||cash equivalents:||1 Apr 2020|Cash flows|31 Mar 2021| |||||||F| |Cash at bank and in hand||||391,916|410,637|802,553| |Cash held by investment||brokers||153,640|(143,930)|9,710| |Total||||545,556|266,707|812,263| |The notes on pages 14to 32form||part ofthese financial statements||||| ## ## ## ## ## ## ## ## ## ## ## ## |2.|Income from Donations|and Legacies||||||| |---|---|---|---|---|---|---|---|---| ||||Regulated
Social
Housing
Activitiesf|||Unregulated
Activities|Total
2021|Total
2020| ||Donations|||||401|401|2,641| ||NCC —Covid grant funding|||||57,653|57,653|| |||||||58,054|58,054|2,641| ## ## |Accommodation||charge||879,680|879,680|883,009| |---|---|---|---|---|---|---| |Service charges||(see below)||422,294|422,294|399,086| |Contribution
from||Residents||1,301,974|1,301,974|1,282,095| |Social housing|operating||costs|(2,261,563)|(2,042,968)|(2,042,968)| |Operating
deficit||||(959,589)|(740,994)|(760,873)| |Void losses||||(47,821)|(47,821)|(38,625)| |Service Charges||||||| |Gas and Electricity||||136,682|136,682|127,156| |Care service||||133,809|133,809|143,649| |Catering||||100,378|100,378|67,947| |Cleaning||||51,425|51,425|60,334| |||||422,294|422,294|399,086| ## |||||Regulated|Regulated|Social|Unregulated|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||Housing|Activities
f||Activities
f|2021f|2020f| |Property income|||||||||| |Investment
properties|||||||240,613|240,613|243,037| |Expenses|||||||||| |Agent's
commission|||||||(13,031)|(13,031)|(6,392)| |Professional|fees||||||(45,783)|(45,783)|(27,990)| |Repairs etc|||||||(1,109)|(1,109)|(6,518)| |Net income from||investment|properties||||180,690|180,690|202,137| |Cost of raising funds|||||||||| |Property agent's||commission|||||13,031|13,031|6,392| |Professional|fees||||||45,783|45,783|27,990| |Repairs etc|||||||1,109|1,109|6,518| |Investment
managers fees|||||||63,335|63,335|65,223| |irrecoverable|VAT||||||10,560|10,560|10,097| ||||||||133,818|133,818|116,220| |Services|||||||||| |Staff costs||||||858,796||858,796|791,182| |Food||||||95,240||95,240|59,216| |Energy||||||115,276||115,276|111,772| |Laundry
and|cleaning|||||25,597||25,597|21,908| |Water and council tax||||||23,689||23,689|23,984| |Amenities||||||3,313||3,313|11,765| |Care consumables||||||17,403||17,403|5,061| |Irrecoverable|VAT|||||74,849||74,849|72,612| ||||||1,214,163|||1,214,163|1,097,500| |Management|||||||||| |Administration||||||95,243|24,557|119,800|124,246| |Staff costs||||||292,000||292,000|281,712| |Insurance||||||43,587|24,185|67,772|66,844| |||||||430,830|48,742|479,572|472,802| ## |||||Regulated|Regulated|Social|Unregulated|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||Housing|Activities
f.||Activities
F|2021f|2020f| ||Maintenance||||||||| ||Building maintenance|||||340,068||340,068|244,912| ||Depreciation||||||||| ||Housing Association scheme properties|||||25,415||25,415|25,415| ||Equipment|||||29,531||29,531|27,599| ||Improvements|to Great Hospital||buildings||221,557||221,557|217,102| |||||||276,503||276,503|270,116| |10.|Interest and investment||income receivable||||||| ||Securities income||||||408,163|408,163|484,830| ||Deposit interest|receivable|||||||98| ||Other finance income||||||||| ||||||||408,163|408,163|484,928| |11.|Other income||||||||| ||Sundry income||||||1,967|1,967|5,224| ||Booklet sales||||||50|50|362| ||||||||2,017|2,017|5,586| |Surplus|after interest||2021|2020| |---|---|---|---|---| |The net|income before|gains and losses is stated||| |after charging
I (crediting):||||| |Interest|payable||13,656|13,758| |Depreciation|||276,503|270,116| |Auditors|remuneration|—audit|13,500|13,765| |Auditors|remuneration|—non audit services|1,682|3,764| ## |Fixed Assets - Group|||||| |---|---|---|---|---|---| ||Housing Assoc.|||Property
in|| ||Scheme|Building||the course of|| ||Properties
f|Improvements|Equipmentf|constructionf|Total| |Cost|||||| |At 1 April 2020|1,270,755|9,458,919|388,784|187,993|11,306,451| |Additions||30,313|247,746||278,059| |At 31 March 2021|1,270,755|9,489,232|636,530|187,993|11,584,510| |Depreciation|||||| |At 1 April 2020|508,302|1,804,082|308,193||2,620,577| |Charge forthe year|25,415|221,557|29,531||276,503| |At 31 March 2021|533,717|2,025,639|337,724||2,897,080| |Net book value|||||| |At 31 March 2021|737,038|7,463,593|298,806|187,993|8,687,430| |At 31 March 2020|762,453|7,654,837|80,591|187,993|8,685,874| ## |Fixed Assets —Paren|t Charity|||||| |---|---|---|---|---|---|---| ||Housing Assoc.|||Property|in|| ||Scheme|Building||the course of||| ||Properties
f|Improvements|Equipmentf|construction||Total
F| |Cost||||||| |At 1 April 2020|1,270,755|9,458,919|388,784|7,343||11,125,801| |Additions||30,313|247,746|||278,059| |At 31 March 2021|1,270,755|9,489,232|636,530|7,343||11,403,860| |Depreciation||||||| |At 1 April 2020|508,302|1,804,082|308,193|||2,620,577| |Charge for the year|25,415|221,557|29,531|||276,503| |At 31 March 2021|533,717|2,025,639|337,724|||2,897,080| |Net book value||||||| |At 31 March 2021|737,038|7,463,593|298,806||7,343|8,506,780| |At 31 March 2020|762,453|7,654,837|80,591||7,343|8,505,224| ## ## ## ## |Investment||propert|i|es
-Group a|nd Charit|y|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||2021||2020f|| |Valuation|||||||||||||| |1 April 2020||||||||||5,645,286|5,719,786||| |Disposals|||||||||||||| |Additions|||||||||||||| |Realised gain on disposal|||||||||||||| |Gain I(loss)||on revaluation||||||||205,275||(74,500)|| |31 March 2021||||||||||5,850,561|5,645,286||| |Classification||of properties|||||||||||| |Residential|Estate|||||||||583,751||498,000|| |Commercial||holdings||||||||4,625,000|4,512,000||| |Agricultural||holdings||||||||641,810||635,286|| |||||||||||5,850,561|5,645,286||| |A formal valuation|||of investment||properties|was|carried out at||31 March 2021 by Brown||8 Co Property||and| |Business Consultants||||LLP, afirm|ofindependent||chartered|surveyors,||on behalf ofthe Trustees||in accordance|| |with the accounting||||policy set out|in note 1g. A||formal valuation||of investment
properties||is carried out||every| |three years.|||||||||||||| ## ## |Investments||||||| |---|---|---|---|---|---|---| ||||2021|2021|2020|2020| ||||Costf|Market valuef|Costf|Market valuef| |Government|stock||287,197|287,422|831,198|872,637| |Ordinary
shares|||11,713,559|16,083,012|11,224,184|12,591,806| |Fixed interest|||2,889,941|3,060,228|2,756,030|2,850,412| |Total|||14,890,697|19,430,662|14,811,412|16,314,855| |Un~uoted|investments|||||| |Shares in TGH (Commercial)||Ltd||||| |Grand total|- Charity||14,890,698|19,430,66|14,811,413|16,314,856| |||||2021f|2020| |---|---|---|---|---|---| |Movements|in quoted investments||||| |Market value||1 April|2020|16,314,856|15,885,073| |Additions||||2,972,909|4,347,024| |Disposals||||(2,922,814)|(2,472,515)| |Net investment||gains|/ (losses)|3,065,711|(1,444,726)| |Market value||31 March 2021||19,430,662|16,314,856| ## |Programme
related investment|Programme
related investment||| |---|---|---|---| |||Charity|| |Loan to TGH (Commerdal)|Limited|2021f|2020f| |Balance at 1 April 2020||145,000|145,000| |Additional
loan||28,000|| |Balance as at 31 March 2021||173,000|145,000| ## ## |Stock||||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||Group||Charity|| |||||||2021f||2020f|2021f|2020f| |Food and|beverages|||||5,112||3,660|5,112|3,660| |Booklets||||||1,537||1,529|1,537|1,529| |||||||6,649||5,189|6,649|5,189| |Debtors||||||||||| ||||||||Group||Charity|| |||||||2021
f||2020
f|2021
f|2020
f| |Prepayments||and accrued income||||5,543||12,164|13,805|17,166| |Other debtors||||||172,879||915,977|172,879|915,977| |Residents'|contributions|||receivable||1,550||3,749|1,550|3,749| |Donation|from|TGH (Commercial)|||Ltd|||||20,523| |||||||179,972||931,890|188,234|957,415| |Creditors: amounts|||falling due within one year|||||||| ||||||||Group||Charity|| |||||||2021
f||2020
f|2021
f.|2020f| |Trade creditors||||||124,859||100,637|124,283|93,470| |Taxation|and|social security||||17,195||24,319|17,195|24,319| |Accruals|and|deferred||income||78,583||91,306|74,431|85,881| |||||||220,637||216,262|215,909|203,670| ## ## ## ## ## |Creditors: amounts
falling due af|ter more than one|year - Group and Charit|y|| |---|---|---|---|---| ||||2021|2020| |Housing Association schemes (see|below)||92,875|93,723| ||||92,875|93,73| |Housing Association Schemes||||| |||Prior|Youngs|| |||Court|Green|Total| |Balances at beginning
ofyear||45,738|47,535|93,273| |Capital repaid
in the year||(15)|(184)|(199)| |Less capital due within one year||(15)|(184)|(199)| |Balances at end ofyear||45,708|47,167|92,875| |Balance included
above repayable|by|||| |instalments
in more than five years||42,715|44,943|87,658| |Rate of interest payable||15%|14%|| ## |22.|Financial|Instruments|Instruments||||||| |---|---|---|---|---|---|---|---|---|---| ||||||||Group||Charity| |||||||2021|2020|2021f|2020f| ||Financial|assets|atfair value through||||||| ||statement|offinancial activities|||||||| ||Investments|||||19,430,662|16,314,855|19,430,663|16,314,856| |||||||19,430,662|16,314,855|19,430,663|16,314,856| ||Financial|assets|measured|at|||||| ||amortised|cost|||||||| ||Trade debtors|||||1,599|3,935|1,599|3,935| ||Other debtors||||||740,173||740,173| ||Amounts|owed by|group undertakings||||||20,523| |||||||1,599|744,108|1,599|764,631| ||Financial|liabilities measured|||at||||| ||amortised|cost|||||||| ||Trade creditors|||||124,859|24,280|124,283|20,915| ||Accruals|||||46,273|70,644|44,923|69,294| ||Loans —Amounts||due within|one year||769|693|770|693| ||Loans —Amounts||due after|one|year|92,875|93,723|92,875|93,723| |||||||264,776|189,340|262,851|184,625| ## ## |||||||||Unapplied|Total| |---|---|---|---|---|---|---|---|---|---| ||||||||Investment|Total|Permanent| ||||||||Fundf|Return|Endowmentf| |At beginning
ofthe reporting||period:|||||||| |Gift component
ofthe|permanent|||endowment|||5,091,310||5,091,310| |Unapplied
total return||||||||17,175,943|17,175,943| |Total|||||||5,091,310|17,175,943|22,267,253| |Movements
in the reporting||period:|||||||| |Investment
return: Income,||dividends|||and|interest||648,776|648,776| |Investment
return: realised||and||unrealised||gains||3,270,987|3,270,987| |Less: Investment
management|||costs|||||(133,818)|(133,818)| |Net unapplied
total return||||||||3,785,945|3,785,945| |Unapplied
total return|allocated|||to income||in|||| |the reporting
period||||||||(900,000)|(900,000)| |Net movement
in the|reporting||period|||||2,885,945|2,885,945| |At end ofthe reporting|period:||||||||| |Gift component
ofthe|permanent|||endowment|||5,091,310||5,091,310| |Unapplied
total return||||||||20,061,888|20,061,888| |Total|||||||5,091,310|20,061,888|25,153,198| ## ## ## ## ## ## ## ## |ummary|o|fnet|asset|s by fund||||| |---|---|---|---|---|---|---|---|---| |||||||Income|Restricted|Endowment| ||||||Total|Fund|Fund|Fund| ||||||2021
E|2021
F|2021f|2021f| |Investments||(at Market Value)|||19,430,663|||19,430,663| |Cash|||||812,263|812,263||| |Stock|||||6,649|6,649||| |Debtors|||||179,972|307,999||(128,027)| |Creditors|||||(220,637)|(220,637)||| |Free reserves|||||20,208,910|906,274||19,302,636| |Housing|Association|||loans|(92,876)|(92,876)||| |Investment||property|||5,850,561|||5,850,561| |Property|in|the course ofconstruction|||187,993|187,993||| |Housing||Association|||737,038|241,023|496,015|| |Scheme|property|||||||| |Equipment|||||298,806|298,806||| |Building|improvements||||7,463,593|7,463,593||| ||||||34,654,025|9,004,813|496,015|25,153,197| |Investment||Fund||||||5,091,310| |Unapplied||Total|Return|||||20,061,887| |Total Endowment|||Fund|||||25,153,197| ## ## |ummary|o|fnet|asse|ts by|fund (continued|)|||| |---|---|---|---|---|---|---|---|---|---| ||||||||Income|Restricted|Endowment| |||||||Total|Fund|Fund|Fund| |||||||2020|2020|2020f|2020| |Investments||(at Market Value)||||16,314,856|||16,314,856| |Cash||||||545,556|545,556||| |Stock||||||5,189|5,189||| |Debtors||||||931,890|624,779||307,111| |Creditors||||||(216,262)|(216,262)||| |Free reserves||||||17,581,229|959,262||16.621,967| |Housing|Association|||loans||(93,723)|(93,723)||| |Investment||property||||5,645,286|||5,645,286| |Property|in|the course||ofconstruction||187,993|187,993||| |Housing||Association|||Scheme|762,453|249,334|513,119|| |ploperty|||||||||| |Equipment||||||80,591|80,591||| |Building|improvements|||||7,654,837|7,654,837||| |||||||31,818,666|9,038,294|513,119|22,267,253| |Investment||Fund|||||||5,091,310| |Unapplied||Total|Return||||||17,175,943| |Total Endowment|||Fund||||||22,267,253| ## ## |The subsidiary
is not registered
with the social housing
regulator
March 2021 are set out below.|. The results of the subsidi|ary
company| |---|---|---| ||2021f|2020| |Turnover||75,395| |Cost ofsales and administration|(3,016)|(54,872)| |Charitable
donation||(20,523)| |Net profit/(loss)|(3,016)|| |The aggregate ofassets liabilities and reserves was:||| ||2021|2020| |Current assets|182,976|186,481| |Current
liabilities|(185,991)|(186,480)| ||(3,015)|| ## ## ## ## |Statement ofFinanc|ial|A|ctivities 3|1 March 2020|||| |---|---|---|---|---|---|---|---| |||||Income|Restricted|Endowment|2020| |||||Fund
E|Fund|Fundf|Total| |Income and endowments||from:|||||| |Donations and legacies||||2,641|||2,641| |Income from charitable
activities:|||||||| |Net contributions
from residents||||1,282,095|||1,282,095| |Other trading activities|||||||| |Functions||||77,556|||77,556| |Shop income||||5,655|||5,655| |investments|||||||| |Property
income||||||243,037|243,037| |Interest
and
investment|||income|||484,928|484,928| |receivable|||||||| |Otherincome||||5,586|||5,586| |Total income and endowments||||1,373,533||727,965|2,101,498| |Expenditure
on:|||||||| |Cost ofraising funds|||||||| |Investment
management|costs|||||116,220|116,220| |Expenditure
on charitable|activities:||||||| |Services||||1,097,500|||1,097,500| |Management||||472,802|||472,802| |Maintenance||||244,912|||244,912| |Depreciation||||253,012|17,104||270,116| |Expenditure
on other trading||activities:|||||| |Functions expenditure||||26,180|||26,180| |Other expenditure||||4,514|||4,514| |Total expenditure||||2,098,920|17,104|116,220|2,232,244| |Net
income
i (expenditure)|||before||||| |gains|||||||| |and losses on investments||||(725,387)|(17,104)|611,745|(130,746)| |Net gains I(losses) on investments||||||(1,519,226)|(1,519,226)| |Net income i(expenditure)||||(725,387)|(17,104)|(907,481)|(1,649,972)| |Transfers
between funds||||655,792||(655,792)|| |Net movement
in funds||||(69,595)|(17,104)|(1,563,273)|(1,649,972)| |Reconciliation
offunds|||||||| |Total funds brought
forward||||9,107,889|530,223|23,830,526|33,468,638| |Total funds carried forward||||9,038,294|513,119|22,267,253|31,818,666|