2021-03-31-accounts - Framework Knitters Company Almshouse Charities

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	Page
Reference and Administration Information
Trustees Annual Report	4-7
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet	10
Notes to the Financial Statements	11-21
Appendices	22

		Unrestricted	Unrestricted	Funds
						Total
		General	Designated		Restricted	Funds	Total Funds
		Funds		Funds	Funds	2021	2020
	Note
Income from:
Donations 8 Legacies Investments Charitable Activities		161,147		6,512	9,892 35,073 4,659	9,892 41,585 165806	5,004 46,547 163,129
Total Income		161,147		6,512	49,624	217,283	214,680
Expenditure on:
Charitable Activities Other costs	6	124,891			10,136 582	135,027 582	125,756
Total Expenditure		124,891			10,718	135,609	125,756
Net Gains/(Losses) on Investments				86,384	215,028	301,412	188,426
Net Income / Expenditure		36,256		92,896	253,934	383,086	(99,502)
Transfers between Funds	14	32,476		32,476
Net movement in funds		3,780		125,372	253,934	383,086	(99,502)
Reconciliation of Funds
Fund Balances Brought Forward		32,874		440,709	4,429,833	4903416	5,002,918
Fund Balances Carried Forward		36,654		566,081	4,683,767	5,286,502	4,903,416

			2021		2020
		Note
Fixed Assets
Tangible assets Investments				3,535,000 E1,417,954		3,535,000 1,077,939
Current Assets
Debtors Cash at Bank 8 in Hand		10 11	4,039 332,973		3,887 290,756
			337,012		294,643
Liabilities
Creditors - Amounts	falling
due within 1 Yr		12	3,464		4,166
Net Current Assets				333,548		290,477
Net Assets				K5,286,502		E4,903,416
The Funds ofthe Charity
General Fund
Accumulated Income	Fund			36,654		32,874
Designated Funds
Extraordinary Repair Cyclical Maintenance	Fund Fund		265,808 300,273		237,085 203,624
Total Unrestricted Funds				566,081 602,735		440,709 473,583
Restricted Funds
Charitable Fund Revaluation Reserve Total Charitable Fund Almshouse Charity Deeds of			4,201,270 414,189 4,615,459		3,962,634 414,189 4,376,823
Covenant and Donations
Fund			68,308		53,010
Total Charity Funds				4,683,767 K5,286,502		4,429,833 E4,903,416

EA	R ENDED 3	1 MARCH 2021	()
3	Donations	&Legacies	2021	2020
	Donations Covenant JRS Grant	Income Income	4,385 4,925 582	235 4,769
			9892	5,004

Investment income
		2021	2020
			E
Dividends Interest		41,348 237	45,000 1,547
		41,585	46,547
This is allocated to the following	funds:
Almshouse Charity Deeds ofCovenant
and Donations Fund Charitable Fund Cyclical Maintenance Fund Extraordinary Repair Fund		1,513 33,560 4,786 1,726	2,275 38,645 4,444 1,183
		41,585	46,547

Income	from Charitable	Activities		2021	2020
Maintenance Contribution				160,613	163,061
Sundry	Income - resident	contribution	for redecorating	534	68
Sundry	Income - blanket	sales		4 859
				165,806	163,129

6Edit
.xpenure on C	arit	able	Activities	2021		2020
				Unrestricted	Restricted	Unrestricted	Restricted
				Provision and	Residents'	Provision end	Residents'
				Maintenance of	Entertainment	Maintenance of	Entertainment
Charitable Costs				Cottage Homes		Cottage Homes
Water Charges Light and Heat Property Repairs Telephone, Postage, Insurance Salaries Homes Administrator	Printing & Stationary Expenses			340 3,545 31,973 6,237 8,196 44,018 73	1,630 212 388	575 4,861 24,556 5,366 7,723 44,035
Residents' Entertainment Donations				37	3,034 4,659	428	5,709
				94,419	9,923	87,544	5,709
Sundry Costs
Salaries- Clerkship Expenses Accountant's Fee and Sundry Expenses	Office		Costs	22,009 52 6,095 1,176	194 217	22,017 75 6,145 2,656		86
Governance Costs
Stockbroker Fees Examination Fee				1,140	384	1,140		384
				30,472	795	32,033		470
Total Charitable Activities Costs		inc	Support	124,891	10,718	119,577	6,	179
Unrestricted expenditure Designated expenditure Restricted expenditure Tota I expenditure				124,891 124,881 10718 18lvtictt		119,493 84 119,577 6 170

ENDED 31 NIARCH 2021	ENDED 31 NIARCH 2021		(	CONTINUED)
Employee Information				2021	2020
The average number	ofpersons	employed		Number	Number
by the Charity during	the year was:
ByActivity
Charitable Activities				2
Governance Costs				2
Staffcosts for the above persons
Salaries Employers' National Insurance Employers' Pension Contributions				63,430 2,134 1,045	62,184 2,887 981
				66,609	66,052
There were no employees	whose annual		remuneration	was f60,000or more.
Tangible Fixed assets
				Total	Tota/
Freehold land and buildings Deemed cost				2021 f	2020 E
At 1 April 2020 and 31	March 2021			3,535,000	3,535,000

9. Listed Investments		Cost			Market Value
		2021f	2020		2021	2020
Charitable Fund Extraordinary Repair Fund Cyclical Maintenance Fund Almshouse Charity Deeds ofCovenant	and	621,811 67,289 90,886	621,811 67,289 90,886		954,318 220,600 151,781	748,858 172,506 113,491
Donations Fund		23,741	23 741		40 807	31,239
Total listed investments		803,727	803,727		1,367,506	1,066,094
Investment cash		50,448	11,845		50,448	11,845
		854 175	815,572		1,417954	1,077,939
Listed Investments er Fund Name Charitable Fund Extraordina Fund C clical Maintenance Fund Benevolent Fund Total		Value at 01/04/2020 748,858 172,506 113,491 31,239 1,066094	Sales	Purchases	Val Adj at 31/03/2021 205,460 48,094 38,290 9,568 301,412	Value at 31/03/2021 954,318 220,600 151,781 40,807 1,367506

YEAR ENDED 31MARCH 2	02	1
10. Debtors
									2021	2019
Other (Taxation
Recoverable) Trade Debtors									985 3054	954 2,933
									4,039	3,887
11.Cash and Bank Balances Current Accounts COIF Charity Deposit Funds Petty Cash in Hand									2021f 67,346 265,288 339	2020 57,895 232,536 325
									332973	290,756
12. Creditors: amounts falling Taxation and social security Other Creditors	due	within one			year				2021f 1,582	2020f 1,495
Accruals									32	86
									1,850	2,585
									3,464	4,166
13 Financial instruments Carrying amount offinancial		assets						2021f		2020f
Debt instruments measured	at	amortised		cost				3,054		2,933
Measured at fair value through		net income/expenditure						1 367 500	1,066,004
Carrying amount offinancial		liabilities
Measured at amortised cost								1 802		2,671
Income and expenditure
Financial assets measured expenditure	at fair		value through			net income	/	41,585		46,547
Net gains and losses (including			changes		in fair value)			301,412	~168,426

Fund Name	Balance	Incoming	Expenditure	Transfers	Transfers	Unrealised	Realised	Balance
Restricted Funds	8/F				out	Gains/Losses	Gains/Losses	C/F
Charitable Fund Deeds ofCovenant Fund Total Restricted Funds Desi nated Funds	4,376823 53,010 4429 833	34 142 15,482 49624	966 9,752 10718			205 460 9,568 215028	0 0	4615459 68,308 4683767
Extraordina Fund C clical Maintenance Fund Total Desi nated Funds Unrestricted Funds	237,085 203,624 440 709	1,726 4,786 6512		13,368 19108 32476		48,094 38,290 86384		300,273 265,808 566081
Accumulated Inc Fund Total Unrestricted Funds	32,874 32874	161 147 161147	124891 124891		32,476 32476			36,654 36654
Total Funds	R4903 416	E217283	E 135,609	K32476	6 32,476	E301,412	EO	65286 502

	Unrestricted	Designated	Restricted	Total
Property investments Cash 8 Bank Debtors Current Liabilities	Fundsf 36,764 3,054 (3,164)	Funds 380,308 185,773	Fundsf 3,535,000 1,037,646 110,436 985 (300)	Funcls f 3,535,000 1,417,954 332,973 4,039 (3,464)
Net Assets at 31st March 2020	36,654	566,081	4,683,767	5,286,502

e tota a	mount of unconditional dona	tions received from related pa	rties is as fo
		2021f	2020f
Aggregate	donations	4,000	1,000

JG Ellis EP Fox MR Ellis AH Jarvis	ointed 2017 2013 2010 2012	Resi ned
Past Masters
IM Grund SA Turner PR White ME Green TDW Miller LJ Smith SH Woolfe	2014 2009 2013~ 2012 2008 2008 2008
GAF Smith	2007
PD Bethel	2004
GFC Turner	2002
HC Stevenson	1996
SK Murra SF Richards	1996 1995
PC Osborne	1981
Assistants
DP Corah JJ Pears	2010 2012
P M Tranter	2015
T Bowmer J Martin	2017 2019	2020
C Bethel	2019
M Tra nor	2019
SJM Burrows	2020