## **The Day’s and Atkinson’s Almshouse Charity**
Previously known as the Almshouse Charity Founded by Charles Day established 1842, and from 13[th] December 2005 incorporating The Almshouse Charity of Samuel Atkinson & Others, established 1680
## **Trustees Annual Report and Financial Statements for the year ended 31[st] December 2025**
**Charity Commission number 212230 Regulator of Social Housing number A4271**
1
## **Trustees’ Report 2025**
The trustees present their Report as part of the financial statements of the charity for the year ended 31[st] December 2024. The financial statements have been prepared based on FRS102 using the guidance included in the Statement of Recommended Practice “Accounting and Reporting by Charities” and comply with the charity’s trust deed. Day’s and Atkinson’s Almshouse Charity is a charity registered with the Charity Commission under registration number 212230. It is member 706 of the Almshouse Association. It is also a Registered Provider of Social Housing registered with Regulator of Social Housing under registration number A4271.
## **1 Administrative Information**
## **Trustees**
Rev Simon Rea (Chair) Bridget Johnson (St Lawrence Little Stanmore incumbent’s nominee) Cllr Nick Mearing-Smith (LB Barnet nominee) Cllr Lucy Wakeley (LB Barnet nominee) Peter Murphy (co-opted trustee) Catherine Taylor (co-opted trustee) Neil Price (co-opted trustee)
## **Clerk to Trustees**
Mike Seaman (Clerk to the Trustees)
## **Resident's Clerk**
Catherine Taylor (Also a Trustee)
## **Office**
Postal Address C/o St Margaret’s Church, 1 Station Road, Edgware, HA8 7JE Telephone: 020 8952 4066 Atkinson’s Office Tel: 0208 238 1774 Email: admin@dandaalmshouses.org.uk Website: www.dandaalmshouses.org.uk
## **Independent Examiner**
Kevin Ogilvie, Charity Book keeping & Examination Services, 13 Evelyns Close, Hillingdon, Middlesex UB8 3LR. Tel: 07776 258763
## **Bankers**
CAF Bank Ltd, 25 Kings Hill Ave, West Malling Kent, ME19 4JQ
## **2 Structure, Governance and Management**
## **Organisation**
On 13[th] December 2005, the Charity Commission sealed a new scheme which incorporated the Almshouse Charities of Samuel Atkinson’s and Others plus the William Blasson Coal Charity into The Almshouses Founded by Charles Day and renamed the charity as the Day’s and Atkinson’s Almshouse Charity.
The Trustees are appointed according to the terms of the scheme’s governing document, and they are listed above. In 2010 the Trustees agreed to increase
2
the number of co-opted Trustees from three to four.
New trustees receive an induction pack that includes the ‘Standards of Almshouse Management’, policies and procedures, recent financial statements, and minutes. The clerk provides briefings on the governing instrument, statutory and legal requirements, the almshouses, finances, as well as a tour of the almshouses and meeting with residents.
Broadly speaking, the trustees retain oversight for finance, buildings and compliance with the law and delegate operational responsibility for carrying out their primary objectives to the staff. However, they are encouraged to engage with the charity and residents where their experience and skills make such engagement appropriate.
## **Risk ManagementRisk Management**
All significant activities undertaken are subject to a regular risk review. Major risks are identified and ranked in terms of their potential impact and likelihood. Major risks, for this purpose, are those that may have a significant effect on:
- Operational performance, including risks to personnel and residents.
- Achievement of our aims and objectives.
- Meeting the expectations of our residents.
The trustees review these risks on an on-going basis and satisfy themselves that adequate systems and procedures are in place to manage the risks which are identified in the Risk Register. Where appropriate, risks are covered by insurance. In assessing risk, trustees recognise that some areas of work require the acceptance and management of risk if our key objectives are to be achieved.
## **3 Purpose & origins**
The Charity’s objects are “the provision of housing accommodation for persons in financial hardship with preference given firstly to those residing in the ancient parishes of Edgware and Little Stanmore in the London Boroughs of Barnet and Harrow respectively, and secondly to those who are previous residents of these parishes; and such charitable purposes for the benefit of the residents as the trustees decide”.
All residents are appointed by the Trustees based on written applications and interviews with the Clerk and a Trustee. The London Borough of Barnet has nomination rights to 75% of Day’s vacancies, 50% nomination rights of Atkinson’s 1 bed vacancies and 100% nomination rights for 2 and 3 bed units.
## **The Charity’s aims are to** :
- preserve the historic tradition of Almshouses
- promote the wellbeing and independence of our residents
- provide good quality housing
- manage charitable resources effectively.
3
## **The current strategies for achieving these objectives are to:**
- retain our independent status
- maintain positive relationships with our residents
- make use of the resources provided by the Almshouse Association, the Charity Commission, the Regulator of Social Housing and others as appropriate to ensure effective management.
## **History**
In 1801 Charles Day, in partnership with Benjamin Martin, established the renowned firm of boot-blacking manufacturers ‘Day and Martin’ of which he was the sole proprietor from 1808. He made a vast fortune for the times and after he died in 1836 his complicated will became the justification for Charles Dickens’s case ‘Jarndyce and Jarndyce’ in his novel ‘Bleak House’. Latterly, Charles Day had his country residence in Edgware.
In 1828 he bought land known as Hither Frog Pool on the ‘Turnpike Road’ in Edgware from All Soul’s College, Oxford, and had eight one-roomed dwellings built for poor men and women of good character, with preference given to parishioners of Edgware and Little Stanmore. He administered them himself then set up a charity with five Trustees, including himself, by deed of gift on 28[th] April 1834. **Day’s Almshouses** was formally established in 1842, was registered with the Charity Commission in 1963 and the building was listed as Grade II in 1983.
They remained as single room dwellings with one communal toilet until 1957 when small bathrooms and kitchens were added at the back. Central heating was installed in the 1970s. In March 2003, a major refurbishment was completed involving a land swap with the London Borough of Barnet reducing the width of the site but increasing its depth to facilitate rear extensions with single bedrooms, store cupboards and shower rooms. Kitchen annexes were incorporated into the original living rooms. The refurbishment received a Patron’s award from the National Association of Almshouses in 2004.
**Atkinson’s Almshouse Charity** was established in 1680 following a legacy of £600 from Samuel Atkinson for the purchasing of land at Oakley, Buckinghamshire and building of four almshouses in Edgware at a cost of £240, plus their endowment through further land purchase. A further bequest in 1707 from one of the original Trustees led to the establishment of the Thomas Napier charity, which also endowed the almshouse charity through land purchase. A gift of land to Edgware Parish from a Mr Watts, received during his lifetime, resulted in the establishment of a third charity, the purpose of which is undocumented. The income was given in aid of the church and the poor until 1820, when the Parish agreed it should in future be given to the almshouse charity. In 1878, the Harriet Hurst charity was founded with a bequest of Consolidated Bank Annuities ‘for the purpose of the Edgware Old Almshouses’. These four charities were merged by a Charity Commission scheme sealed in 1897 to become the Almshouse Charities of Samuel Atkinson and Others, whose purpose was the provision of almshouses for poor persons of good character who have resided in the Ancient Parish of Edgware for not less than two years and the donation of a portion of the income, specifically £1.10s, of the charities for the benefit of such poor person’s
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resident in Edgware (though not almspeople) as the Trustees thought fit. By this time, only the 4 almshouses and the land at Oakley remained in the charities’ possession.
The original Atkinson’s almshouses were destroyed by bombs in 1940 and rebuilt in 1957 as bedsits with one bathroom shared between two residents, becoming Nos 60-66 Stone Grove.
In 1943 the Margaret Abel Trust was founded by the will of Margaret Ann Abel for the building of two almshouses on the site owned by the Almshouse Charities to be known as the Abel Homes. These were completed in 1960 at a cost of £3,500 and became Nos 66-70 Stone Grove, two adjoining bedsits sharing a bathroom sited to the rear of Nos 60-66. The remaining £3,000 of the original 3.5% War Stock was used to further endow the Almshouse Charities.
In 1972 all six almshouses were altered so that each had its own bathroom but by 2010 they were in very poor condition. Acquisition of extra land and demolition of the original buildings made way for a major redevelopment to provide a three-storey block with 13 dwellings of which 7 are 2-bedroom and 6 are 1-bedroom flats was well as a pair of semi-detached houses which are 4- bedroom dwellings. The new buildings were completed in December 2011 and given a further Patron’s Award from the National Association of Almshouses in 2015.
## **Activities**
The principal activities of the Charity are the collection of the weekly maintenance contribution from residents, provision of low-level support to residents as required, upkeep of the fabric of the almshouses and appointment of new residents as vacancies arise.
## **Contribution of Volunteers**
The Charity relies on its trustees, who volunteer their time and expertise to support its work. Trustees receive no remuneration for carrying out their duties.
## **4 Achievement and Performance**
## **Review of the Year**
The charity continued to work towards providing a real sense of community for our residents. This is very much in accordance with the ethos of the Almshouse Association and has been demonstrated to have positive benefits for the wellbeing of residents. This sense of community was enhanced by regular team meetings between members of staff and the Chair, Rev Simon Rea. Quarterly Trustees meetings were held in person in the office as well as on Zoom.
The charity was mindful of the way inflation (especially energy price rises) has affected residents’ financial situations and well-being. We continue to offer help and support with benefit applications, drawing on both Bridget Johnson’s wealth of experience in housing management and benefits and Catherine Taylor’s general pastoral support.
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The Trustees implemented the yearly WMC increases on 1[st] April 2025. The increases were kept to a minimum and were calculated to underline the contrast in the different accommodation units. These were £3.00 increase for Day’s, £4.00 for Atkinson’s and £5.00 for the houses in Park Grove). The previous WMC increase had been implemented during October 2023.
Food support continued through St Peter’s Pantry (the local foodbank) at One Stonegrove/St Peter’s Church. The charity also benefited from safeguarding support through their connections with the Diocese of London. We are thankful for all such examples of partnership working.
Catherine Taylor, Mike Seaman and Peter Murphy attended the Almshouse Association Members Day in Westminster this year.
The trustees continue in the centuries’ old culture of almshouse charities that have always gone the extra mile to ensure residents feel valued and part of a community. Indeed, membership of The Almshouse Association is a second way in which the charity ensures value for money, as it means that we can be confident of staying abreast of legislative and other changes, and the best way of dealing with them. It also provides access to a network of other Almshouses and offers the opportunity to share best practice and discuss current issues.
Due to the implementation of Awaab's Law on 27 October, the Charity has implemented a new complaints procedure as legislated by the Housing Ombudsman. The Charity (as a registered provider of social housing) is now compliant and will continue to produce the yearly submissions required by law.
The charity invests in the professional development of staff members through weekly Team meetings and by encouraging participation in training courses and regular appraisals. Legislation was introduced that anyone responsible for the day to day running of social housing dwellings must achieve a qualification. This is still being analysed by The Almshouse Association in the hope that Almshouse Charities maybe exempt.
**Neil Price,** a Trustee of the charity is a direct descendent of Charles Day. Day’s tomb is located at St Margaret’s Church. He is in discussions with the church to embark on a programme of renovation of the tomb which has fallen into disrepair. Several meetings were held by Trustees to
update the Charity on costs and funding. The Trustees of the Charity agreed to match fund (pound for pound) all monies raised from any external sources for the renovation of Charles Day’s tomb up to a maximum of £12,000.00.
**Maintenance & Garden Works**
6
## **Atkinson's**
Timber balconies were replaced to 6 flats. All flats at Atkinson’s Almshouse have now been replaced and the high-level gutters were cleaned.
All trees to the front elevation of Atkinson’s were cut back as they were shutting out light to the flats.
The entire Atkinson’s building and the facades of the Park Grove houses were cleaned during August.
A smoke alarm was fitted to the buggy store and linked to the main fire alarm. A new fireman’s lock was fitted to the door.
Various white goods were replaced to some of the flats.
Flat 5 was fully refurbished as the residents moved out.
## **Day’s**
A new front gate was fitted, and support posts were refurbished.
Inner glazing was installed to the rear of 4 cottages.
Various white goods were replaced to some of the dwellings.
## **Residents**
The Residents in Flat 5 vacated their flat in January 2025 and a new residents moved in during April. The flat was fully redecorated and included laying new flooring.
In line with The Almshouse Association recommendations, the beneficiary status of all adult (i.e. Over 18) residents continues to be reviewed and shortterm licences for 3-year periods are being issued. 3 yearly Beneficiary Reviews are ongoing and existing residents are invited to interviews to reassess their qualification to live in the Almshouse.
A Christmas party for the residents was organised and held in December. A large number of residents enjoyed a buffet with refreshments and music and there was a palpable sense of community with active participation by residents, staff and trustees.
## **Land at Oakley Village**
The charity continued to explore options around maximising the value of its historic land at Oakley Village Buckinghamshire. This consists of 11 acres: Stephen’s field (7 acres) and Shepherd’s Field (4 acres) which are used for grazing. The **combined long lease grazing value has been set at £165,000** in negotiations between the charity and the current tenant.
In the best interests of the Charity, the Trustees agreed to offer a long lease to
7
the tenant for this sum whilst retaining all rights should the land be sold to developers (overage). The Trustees are grateful for the help of **Peter Murphy** whose expertise in residential development and planning matters is proving invaluable.
Potential future residential development could increase the value of the fields to approximately **£11m** . For this reason, it is vital that trustees continue to monitor the land in the years ahead. An annual visit by staff and/pr trustees to the land will be necessary for this purpose and a note will be added to all annual reports to confirm the status of the land.
## **Financial Review**
- During the year ended 31 December 2025, one trustee (Peter Murphy) was reimbursed expenses totalling £33.50 in respect of mileage incurred while carrying out his duties on behalf of the Charity. The reimbursement was made at the Government's approved mileage allowance rate.
- There was an overall surplus of **£49,868** in 2025 compared to a surplus of **£40,299** in 2024. statements. **The charity ended the year with net assets of £4,980,702 compared to last year’s £4,756,218** The increase was due to the addition of the Charity’s grazing land as an asset in the financial statements.
## **Insurance Policy**
The buildings insurance, Public Liability and lift insurances are held with Grout Insurance and are reviewed annually to ensure cover is considered appropriate and the premium paid in December.
## **Reserves Policy**
The Cyclical Maintenance and Extraordinary Repair Funds are kept at such levels as the Trustees deem prudent to comply with The Almshouse Association guidance and likely future maintenance requirements.
## **Funding Sources**
The Charity’s income derives from the residents’ maintenance contribution, and approximately 50% of this comes from Housing Benefit or Universal Credit entitlements. The remaining income relates to monies from the feed-in tariff for electricity generated by the photovoltaic roof panels and a small rent from the Grazing Licence income from land the Charity owns in Buckinghamshire.
## **Investment Policy & Performance**
A permanent endowment of the charity is held as the land on which all the 23 almshouses are situated as well as two fields adjacent to Hedges Farm in Buckinghamshire.
8
The designated **Extraordinary Repair Fund** is held as accumulation units in a COIF Charities Ethical Investment Fund account. This account accumulates shares, and its value is therefore variable according to the current value of those shares. Transfers from the general fund are made into this account monthly. On 31 December, the fund held **57,396** shares at a market value of **£301,210** which represents an increase **£6,498** from last year’s figure of **£294,712** .
The designated **Cyclical Maintenance Fund** is held as accumulation units in a M&G Multi Asset Fund. The fund is increased monthly in line with the recommendation of The Almshouse Association. As far as possible the cost of planned programme work is met from the general account and the transfer to CMF reduced commensurately if required. On 31 December the fund held **477** shares with a market value of **£67,243** a reduction of **£103,252** from last year’s figure of **£170,495. This figure is due to realising units to the value of £125,000, £120,000 of which was used to reduce the Charities’ loan.**
Other assets are as follows: The M&G Multi Asset Fund holds 10,743 income shares. The CCLA COIF Charities Ethical Investment Fund holds 2,219 units, the income from which is restricted to fuel expenditure.
The charity has only one loan with The Charity Bank. At the end of 2025 a total of **£165,790** was outstanding. Compared to 2024 where the loan totalled **£303,833** . This reduced figure is due to realising £125,000 from the M&G Cyclical Maintenance Fund, £120,000 of which was used to reduce the Charities loan. On 31[st] December, The Charity was paying interest at The Bank of England base rate plus **2.75%** . The combined rate at this time was **6.5%** .
At the end of the year the **WMC arrears** comprised of late payments by some residents including those who receive Universal Credit paid in arrears and Housing Benefit. They are paid every four weeks and WMC is also paid in arrears consequently they overlap into the first month of the following year. At the end of the year there was an accumulation of arrears to the value of **£20,245** compared to the previous year at **£12,231.** The voids (flats 3 & 7) accounted for **£2134.00 in lost WMC** . A void is the time when a property is not occupied after a resident has moved out.
Some residents struggled to keep up with their payments but in all cases the Charity aims to work together with residents to reduce their arrears.
## **Plans for Future Periods**
Our priority is to ensure the appropriate upkeep of all buildings to enable provision of good quality accommodation for our residents. The continuation of all adult residents changing to short term 3-year licences will be completed as and when possible.
Following discussions at board level and consultation with the Almshouse
9
Association, the charity is actively seeking opportunities to increase the housing stock while at the same time retaining our current ethos. An approach was made by the Rector of St Lawrence, Little Stanmore to investigate the potential for mutually beneficial partnership working towards this end. To ensure accountability, trustees and members of St Lawrence are being kept informed about developments.
On behalf of the trustee board and residents, the Chair is most grateful for the continuing dedication and commitment of all members of staff. It is a blessing to have such staff and trustees.
## **Statement of Trustees Responsibilities**
Charity law requires the Trustees to prepare financial statements for each 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, including the income and expenditure, for that period. In preparing those financial statements, the Trustees are required to:
- select suitable accounting policies and apply them consistently.
- observe the methods and principles in the Charities SORP
- make judgements and estimates that are reasonable and prudent.
- state whether applicable accounting standards and statements of recommended practice have been followed.
- 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 which disclose with reasonable accuracy at any time the financial position of the Charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Accounting Requirements for Registered Social Landlords and other relevant regulations. The Trustees have general responsibility for taking such steps as are reasonably open to it to safeguard the assets of the Charity and to prevent and detect fraud and other irregularities.
The Trustees acknowledge they are responsible for the Charity’s system of internal control and that such a system can provide only reasonable and not absolute assurance against material misstatement or loss. They have established internal control procedures, which include weekly maintenance payments made by standing order, two signatures for all bank transactions, cash payments only accepted in return for a receipt and no payments except on production of an invoice. Accounts are reconciled monthly and reports showing performance against budget presented at each Trustees’ meeting. The effectiveness of this system is regularly reviewed, and no weaknesses have been identified which have resulted in material losses, contingencies or uncertainties requiring disclosure in the financial statements.
10
## **Statement of Disclosure of Information to Independent Examiners**
We, the Trustees who held office at the date of approval of these Financial Statements as set out above, each confirm, so far as we are aware, that:
There is no relevant information in relation to the collation of this report of which our examiner is unaware, and we have taken steps as trustees to ensure all relevant examination information has been provided to our independent examiner.
Approved by the trustees on the date stated below and signed on their behalf by:
REV SIMON REA, CHAIR Dated… 28 July 2026
CATHERINE TAYLOR, TRUSTEE Dated…28 July 2026
Independent Examiner's Report to the Trustees of The Day’s and Atkinson’s Almshouse Charity
11
I report on the accounts of the charity for the year ended 2025 which are set out on finance pages of the Annual Report.
## **Respective Responsibilities of Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act **2011** (the 2011 Act)) and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act);
- To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
- To state whether particular matters have come to my attention.
## **Basis of Independent Examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
_Since the gross income for the year exceeds the amount provided in section 145(3) of the Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below._
In connection with my examination, no matter has come to my attention:
- 1 which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Kevin Ogilvie
Charity Bookkeeping and Examination Services 13 Evelyns Close, Hillingdon, Middlesex, UB8 3LR
28[th] July 2026
12
## Sofa Separate Designated
||Unrestrict
ed
funds
Designat
ed
funds
Restrict
ed
funds
Endowme
nt
funds
Total
funds
Prior
year
total
funds|
|---|---|
|Income and endowments from:
Donations and legacies
Other trading activities
Investments
Income from charitable
activities
Other income
Total income
Expenditure on:
Costs of generating funds
Costs of generating voluntary
income
Expenditure on charitable
activities
Other expenditure
Total expenditure
Net income / (expenditure)
resources before transfer
Transfers
Gross transfers between funds -
in
Gross transfers between funds -
out
Other recognised gains / losses
Gains/losses on investment
assets
Gains on revaluation, fxed
assets, charity's own use
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward|120
-
-
-
120
-
-
-
-
-
-
-
1,354
-
198
-
1,552
2,133
199,401
-
-
-
199,401 205,578
1,135
-
-
-
1,135
817|
||202,010
-
198
-
202,208 208,528
-
-
-
-
-
-
-
-
-
-
-
-
152,340
-
-
-
152,340 168,230
-
-
-
-
-
-|
||152,340
-
-
-
152,340 168,230|
||49,670
-
198
-
49,868
40,299
152,744
69,606
-
1,998
224,348 50,250
(67,744)
(155,400)
(49)
(1,156)
(224,34
8)
(50,250)
10,633
(961)
-
(56)
9,616
28,574
165,000
-
-
-
165,000 -|
||310,303
(86,754)
149
787
224,485 68,873|
||3,340,058
455,207
116
960,837
4,756,2
18
4,687,34
5|
||3,650,362
368,453
265
961,623
4,980,7
03
4,756,21
8|
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## Statement of Assets and Liabilities (by code)
|Class and nominal code|Genera
l
Designat
ed
Restrict
ed
Endowme
nt
Total
Last
year|
|---|---|
|**Fixed Asset - Heritage assets**
Day's land 18-32
-
-
-
314,000
314,000 314,000
Atkinson's land 60-70
-
-
-
630,000
630,000 630,000
Land - 2 felds at Oakley Village
(Grazing Value)
165,000 -
-
-
165,000 -
Total
165,000 -
-
944,000
1,109,0
00
944,000
**Fixed Asset - Investments**
M&G Samuel Atkinson Income A/C -
-
-
11,110
11,110
9,973
M&G Accumulation Cyclical Main
Fund
-
67,243
-
-
67,243
170,495
CCLA Blasson Income A/C
-
-
-
6,513
6,513
6,864
CCLA Accumulation ERF
-
301,210
-
-
301,210 294,712
Total
-
368,453
-
17,623
386,076 482,044
**Fixed Asset - Tangible Assets**
Day's buildings
362,864 -
-
-
362,864 362,864
Atkinson's land 58
550,000 -
-
-
550,000 550,000
Atkinson's building (HE Loan)
2,694,5
30
-
-
-
2,694,5
30
2,694,5
30
Total
3,607,3
94
-
-
-
3,607,3
94
3,607,3
94
**Current Asset - Cash At Bank And In Hand**
CAFcash 12543
43,759
-
1,810
-
45,568
28,879
Total
43,759
-
1,810
-
45,568
28,879
**Liability - Agency Accounts**
Agency collections
-
-
1,545
-
1,545
2,265
Total
-
-
1,545
-
1,545
2,265
**Liability - Creditors: Amounts falling due after more than one year**
Loans
165,791 -
-
-
165,791 303,834
Total
165,791 -
-
-
165,791 303,834
Net total assets
3,650,3
62
368,453
265
961,623
4,980,7
03
4,756,2
18
**Represented by**
General (Unrestricted)
3,650,3
62
-
-
-
3,650,3
62
3,340,0
58
Designated - CMF
-
67,243
-
-
67,243
160,495
Designated - ERF
-
301,210
-
-
301,210 294,712
Restricted - Blasson
-
-
265
-
265
116
Endowment - Atkinson
-
-
-
630,000
630,000 630,000
Endowment - Blasson
-
-
-
6,513
6,513
6,864
Endowment - DAY
-
-
-
314,000
314,000 314,000
Endowment - Samuel
-
-
-
11,110
11,110
9,973
Total
3,650,3
62
368,453
265
961,623
4,980,7
03
4,756,2
18|-
-
-
314,000
314,000 314,000
-
-
-
630,000
630,000 630,000
165,000 -
-
-
165,000 -|
||165,000 -
-
944,000
1,109,0
00
944,000
-
-
-
11,110
11,110
9,973
-
67,243
-
-
67,243
170,495
-
-
-
6,513
6,513
6,864
-
301,210
-
-
301,210 294,712|
||-
368,453
-
17,623
386,076 482,044
362,864 -
-
-
362,864 362,864
550,000 -
-
-
550,000 550,000
2,694,5
30
-
-
-
2,694,5
30
2,694,5
30|
||165,791 -
-
-
165,791 303,834|
||3,650,3
62
368,453
265
961,623
4,980,7
03
4,756,2
18|
||3,650,3
62
-
-
-
3,650,3
62
3,340,0
58
-
67,243
-
-
67,243
160,495
-
301,210
-
-
301,210 294,712
-
-
265
-
265
116
-
-
-
630,000
630,000 630,000
-
-
-
6,513
6,513
6,864
-
-
-
314,000
314,000 314,000
-
-
-
11,110
11,110
9,973|
||3,650,3
62
368,453
265
961,623
4,980,7
03
4,756,2
18|
14
## Fund movement summary
|Fund|Opening Incomin
g
Outgoin
g
Transfer
s
Gains/
Losses
Journal
s
Closing|
|---|---|
|CMF
Designated
Sub-totals
Samuel
Endowment
Sub-totals
General
Unrestricted
Sub-totals
ERF
Designated
Endowment
Sub-totals
Blasson
Restricted
Endowment
Sub-totals
DAY
Endowment
Sub-totals
Atkinson
Designated
Endowment
Sub-totals|160,495
-
-
(95,231)
1,979
-
67,243|
||160,495
-
-
(95,231)
1,979
-
67,243
9,973
-
-
1,138
-
-
11,110|
||9,973
-
-
1,138
-
-
11,110
3,340,05
8
202,010
152,340
85,000
175,633
-
3,650,36
2|
||3,340,05
8
202,010
152,340
85,000
175,633
-
3,650,36
2
294,712
-
-
11,120
(4,622)
-
301,210
-
-
-
18
(18)
-
-|
||294,712
-
-
11,138
(4,639)
-
301,210
116
198
-
(49)
-
-
265
6,864
-
-
(313)
(38)
-
6,513|
||6,980
198
-
(362)
(38)
-
6,778
314,000
-
-
-
-
-
314,000|
||314,000
-
-
-
-
-
314,000
-
-
-
(1,682)
1,682
-
-
630,000
-
-
-
-
-
630,000|
||630,000
-
-
(1,682)
1,682
-
630,000|
|Totals|4,756,21
8
202,208
152,340
-
174,616
-
4,980,70
3|
## Analysis of income and expenditure
||||||Total||
|---|---|---|---|---|---|---|
||Unrestrict|Designat|Restrict|Endowme|This|Last|
||ed|ed|ed|nt|year|year|
|**INCOME AND ENDOWMENTS FROM:**|||||||
|**Donations and legacies**|||||||
|Donations|120|-|-|-|120|-|
|Donations and legacies Totals|120|-|-|-|120|-|
|**Investments**|||||||
|Grazing Licence|317|-|-|-|317|572|
|Dividend CCLA 438480001AA
Blasson|-|-|198|-|198|116|
|Dividend M&G NAACIF|457|-|-|-|457|435|
|Caf Bank Interest|580|-|-|-|580|1,010|
|Investments Totals|1,354|-|198|-|1,552|2,133|
|||15|||||
|**Income from charitable activities**|||||||
|---|---|---|---|---|---|---|
|WMC from residents,HB, UC|199,401|-|-|-|199,40
1|205,578|
|Income from charitable activities
Totals|199,401|-|-|-|199,40
1|205,578|
|**Other income**|||||||
|Feed in Tarif|1,135|-|-|-|1,135|404|
|Refunds|-|-|-|-|-|413|
|Other income Totals|1,135|-|-|-|1,135|817|
|Income and endowments Grand
totals|202,010|-|198|-|202,20
8|208,528|
|**EXPENDITURE ON:**|||||||
|**Expenditure on charitable activities**|||||||
|SC Equipment Maintenance|20,908|-|-|-|20,908|27,639|
|CMF expenditure|7,811|-|-|-|7,811|14,667|
|Routine maintenance|13,701|-|-|-|13,701|12,804|
|SC Cleaning Atkinson's|7,560|-|-|-|7,560|2,319|
|SC Grounds Maintenance|5,428|-|-|-|5,428|7,081|
|SC Atkinson's Water LL|62|-|-|-|62|39|
|Void expenditure|10,217|-|-|-|10,217|15,956|
|SC Atkinson Electricity LL|1,969|-|-|-|1,969|1,690|
|SC Day's Electricity LL|363|-|-|-|363|416|
|SC Atkinson Phones(ofce,lift)|1,690|-|-|-|1,690|1,597|
|Benefts to Residents|1,662|-|-|-|1,662|1,973|
|Salaried Staf|46,621|-|-|-|46,621|44,237|
|Staf training|640|-|-|-|640|-|
|Ofce & IT|3,149|-|-|-|3,149|1,206|
|St Margaret's SLA|125|-|-|-|125|300|
|Insurance|5,023|-|-|-|5,023|4,874|
|Subscriptions & fees|1,861|-|-|-|1,861|2,304|
|Loan Interest repayment|17,861|-|-|-|17,861|24,912|
|Legal,Professional & Trustee
costs|4,117|-|-|-|4,117|2,689|
|Independent Examination Costs|1,573|-|-|-|1,573|1,526|
|Expenditure on charitable
activities Totals|152,340|-|-|-|152,34
0|168,230|
|Expenditure Grand totals|152,340|-|-|-|152,34
0|168,230|
16