| Page | |
|---|---|
| Reference and Administration Information |
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| Trustees Annual Report |
4-7 |
| Independent Examiner's Report |
|
| Statement ofFinancial Activities | |
| Balance Sheet | 10 |
| Notes to the Financial Statements | 11-21 |
| Appendices | 22 |
| Honorary | Treasurer | Treasurer | P M Tranter | ||
|---|---|---|---|---|---|
| Clerk | RJ Gleeson | ||||
| Independent | Examiners | J BGriffin | |||
| Newby Castleman | LLP | ||||
| Chartered Accountants |
|||||
| West Walk Building | |||||
| 110Regent Road | |||||
| Leicester | |||||
| LE1 7LT | |||||
| Bankers | Lloyds Bank Pic | ||||
| 222 Strand | |||||
| London WC2R 188 | |||||
| Solicitors | Shakespeare Martineau |
LLP | |||
| Two Colton Square | |||||
| Leicester LE1 1QF | |||||
| Stockbrokers | Brewin Dolphin | ||||
| Olympic House | |||||
| Doddington Road |
|||||
| Lincoln | |||||
| LN6 3SE | |||||
| Principal Office | The Clerk | ||||
| White House Farm | |||||
| Mill Lane | |||||
| Scamblesby | |||||
| Lines | |||||
| LN11 9XP | |||||
| Charity number | 212946 |
| Unrestricted | Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|---|
| Total | |||||||
| General | Designated | Restricted | Funds | Total Funds | |||
| Note | Funds f |
Funds 6 |
Funds 6 |
2023 6 |
2022f | ||
| Income from: | |||||||
| Donations & Legacies |
4,750 | 7,155 | 11,905 | 5,045 | |||
| Investments | 14,567 | 31,890 | 46,457 | 44,101 | |||
| Charitable Activities |
164,902 | 164,902 | 160,385 | ||||
| Total Income | 169,652 | 14,567 | 39,045 | 223,264 | 209,981 | ||
| Expenditure on: |
|||||||
| Charitable Activities |
6 | 196,173 | 2,310 | 14,252 | 212,735 | 144,267 | |
| Net Gains/(Losses) on Investments |
(75,032) | (66,830) | (141,862) | 600,163 | |||
| Net Income l Expenditure | (26,521) | (62,775) | (42,037) | (131,333) | 665,877 | ||
| Transfers between Funds |
11,820 | 11,820 | |||||
| Net movement in funds |
(14,701) | (74,595) | (42,037) | (131,333) | 655,877 | ||
| Reconciliation ofFunds |
|||||||
| Fund Balances Brought Forward | 25,063 | 642,637 | 5,284,679 | 5,952,379 | 5,286,502 | ||
| Fund Balances Carried Forward | 10,362 | 568,042 | 5242,642 | 5821,046 | 5,952,379 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | 6 | |||||
| Fixed Assets | ||||||
| Tangible assets | 4,000,000 | 4,000,000 | ||||
| Investments | 1,481,057 | 1,594,054 | ||||
| Current Assets | ||||||
| Debtors | 10 | 4,292 | 4,462 | |||
| Cash at Bank & in Hand | 11 | 888 665 | 361,361 | |||
| 352,952 | 365,823 | |||||
| Liabilities | ||||||
| Creditors - Amounts | falling | |||||
| due within 1 Yr |
12 | 12,968 | 7,498 | |||
| Net Current Assets | 339989 | 358,325 | ||||
| Net Assets | 5,821,046 | 5,952,379 | ||||
| The Funds ofthe Charity | 14 | |||||
| General Fund | ||||||
| Accumulated Income |
Fund | 10,362 | 25,063 | |||
| Designated Funds |
||||||
| Extraordinary Repair |
Fund | 265,427 | 341,876 | |||
| Cyclical Maintenance | Fund | 382615 | 300,761 | |||
| Total Unrestricted Funds |
568,042 578,404 |
642,637 667,700 |
||||
| Restricted Funds | ||||||
| Charitable Fund Revaluation Reserve |
4,295,511 879,189 |
4,330,218 879,189 |
||||
| Total Charitable Fund Almshouse Charity Deeds of |
5,174,700 | 5,209,407 | ||||
| Covenant and Donations |
||||||
| Fund | 67,942 | 75,272 | ||||
| 5,242,642 | 5,284,879 | |||||
| Total Charity Funds | 5,821,046 | 5,952,379 |
| 3.Donations | &Legacies | 2023f | 2022f |
|---|---|---|---|
| Donations | 4,750 | 670 | |
| Covenant | Income | 7,155 | 4,375 |
| 11,905 | 5,045 |
| Dividends and interest |
|||||
|---|---|---|---|---|---|
| Almshouse Charity Deeds of Covenant |
and Donations | Fund | 2,517 | 1,756 | |
| Charitable Fund |
29,373 | 36,523 | |||
| Cyclical Maintenance | Fund | 7,850 | 4,418 | ||
| Extraordinary Repair |
Fund | 6,717 | 1,404 | ||
| 46,457 | 44,101 |
| Maintenance | Maintenance | Contribution | 164,890 | 160,835 |
|---|---|---|---|---|
| Washing | Machine | 12 | ||
| 164,902 | 160,835 |
| 6.Expenditure on Charitable |
Activities | 2023 | 2022 | |||||
| unrestri cted | Resetcted | unrestricted | Restncted | |||||
| Plevmlon and |
Residents' | Provision and | Residents' | |||||
| Maintenance of |
Bltodofnnmnt | Maintenance oi |
Enfenai nmenl | |||||
| Cotlace Homes | Collage Roams | |||||||
| Charitable Costs |
6 | |||||||
| Water Charges | 381 | 358 | ||||||
| Light and Heat | 2,953 | 3,380 | ||||||
| Property Repairs |
87,993 | 1,099 | 41,513 | |||||
| Telephone, Postage, Printing |
&Stationery | 7,261 | 6,149 | |||||
| insurance | 8,632 | 8,599 | ||||||
| Salaries | 50,411 | 44,192 | ||||||
| Assistant Clerk's Expenses |
200 | 38 | ||||||
| Residents' Entertainment |
5,415 | 107 | 2, | 708 | ||||
| Donations | 100 | |||||||
| 157,831 | 6,514 | 104,436 | 2, | 708 | ||||
| ~ann I |
2023 | 2022 | ||||||
| Sundry Costs | 6 | |||||||
| Salaries | 25,205 | 22,096 | ||||||
| Clerkship Expenses |
1,833 | 25 | ||||||
| Accountant's Fee and Office Costs |
6,466 | 6,278 | ||||||
| Sundry Expenses | 3,333 | 662 | 4,245 | 674 | ||||
| Governance Costs |
||||||||
| Stockbroker Fees | 2,310 | 7,076 | 2,479 | 72 | ||||
| Examination Fee |
1,505 | 1,254 | ||||||
| 40 652 | 7 | 738 | 36,377 | 746 | ||||
| Total Charitable Activities Costs |
inc Support | 198,483 | 14,252 | 140,813 | 3,454 | |||
| Unrestricted expenditure |
198,483 | 140,813 | ||||||
| Restricted expenditure | 14,252 | 3,454 | ||||||
| Combined totals |
212,735 | 144,267 |
| NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) | ||
|---|---|---|
| YEAR ENDED 31 MARCH 2023 | ||
| 7.Employee Information |
2023 | 2022 |
| Number | Number | |
| The average number ofpersons |
||
| employed | ||
| by the Charity during the year was: |
||
| ByActivity | ||
| Charitable Activities |
||
| Governance Costs |
||
| Staffcosts for the above persons | 6 | f |
| Salaries | 71,623 | 63,014 |
| Employers' National |
||
| Insurance | 2,511 | 1,559 |
| Employers' Pension Contributions |
7 462 | 1,715 |
| 76676 | 66,288 | |
| 6 Tangible Fixed assets |
||
| Total | Total | |
| Freehold land and buildings | 2023 6 |
2022f |
| Deemed cost | ||
| At 31 March 2023 | 4,000,000 | 4,000,000 |
| Freehold land and buildings |
| Cost | Market Value | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2023f | 2022 | 2023 6 |
2022 f |
||||||
| Charitable | Fund | 783,604 | 713,894 | 1,052,209 | 1,048,093 | ||||
| Extraordinary Repair |
Fund | 204,235 | 67,289 | 186,171 | 247,125 | ||||
| Cyclical Maintenance | Fund | 143,935 | 106,504 | 145,085 | 170,913 | ||||
| Almshouse | Charity Deeds ofCovenant | and | |||||||
| Donations | Fund | 43,184 | 22,458 | 34,257 | 23,120 | ||||
| Total listed | investments | 1,174,958 | 910,145 | 1,417,722 | 1,489,251 | ||||
| Investment | cash | 63,335 | 104,803 | 63,335 | 104,803 | ||||
| 1238,293 | 1,014,948 | 1,481,057 | 1594,054 | ||||||
| Value | at | Sales | Purchases | Val AdI at | Value at | ||||
| Fund Name | 01/04/2022 | 31/03/2023 | 31/03/2023 | ||||||
| Charitable | Fund | 1,048,093 | 152,917 | 214,274 | 57,241 | 1,052,209 | |||
| Extraordina | Fund | 247, | 125 | 204,405 | 191,004 | 47,553 | 186,171 | ||
| C clical Maintenance | Fund | 170,913 | 75,368 | 77,019 | 27,479 | 145,085 | |||
| Benevolent | Fund | 23 | 120 | 20 726 | 9,590 | 34,257 | |||
| Total | 1 489,251 | 432,690 | 503,023 | 141,863 | 1,417,722 |
| 10. Debtors | 2023 | 2022 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | |||||||||||||||
| Other (Taxation recoverable) | 1233 | 875 | |||||||||||||
| Trade Debtors | 3059 | 3,587 | |||||||||||||
| 4,292 | 4,462 | ||||||||||||||
| 11.Cash and Bank Balances | |||||||||||||||
| Current Accounts | 55,848 | 61,568 | |||||||||||||
| COIF Charity Deposit Funds | 292,567 | 299,543 | |||||||||||||
| Petty Cash in Hand | 250 | 250 | |||||||||||||
| 348,665 | 361,361 | ||||||||||||||
| 12. Creditors: amounts | falling due | within one year | |||||||||||||
| Taxation and social security | 2,986 | 1,516 | |||||||||||||
| Other Creditors | 7,397 | 2, | 177 | ||||||||||||
| Accruals | 2,585 | 3,805 | |||||||||||||
| 12,968 | 7,498 | ||||||||||||||
| 13 Financial |
instruments | 2023 | 2022 | ||||||||||||
| 6 | |||||||||||||||
| Carrying | amount offinancial | assets | |||||||||||||
| Debt instruments | measured | at | amortised | cost | 3 999 | 3,587 | |||||||||
| Measured | at fair | value through | net | income/expenditure | 1,417,722 | 1,469,251 | |||||||||
| Carrying | amount | offinancial | liabilities | ||||||||||||
| Measured | at amortised cost | 9992 | 5,982 | ||||||||||||
| Income and expenditure | |||||||||||||||
| Financial | assets measured | at fair value | through | net income | / | 46,457 | 44,101 | ||||||||
| expenditure | |||||||||||||||
| gill 1 |
dl | (1 | 1 dig | 9 | g 1 |
fl | 1 | 3 | ~341,222 | 600,163 |
| Fund Name | Balance | Incoming | Expenditure | Transfers | Transfers | Unrealised | Realised | Balance | |
|---|---|---|---|---|---|---|---|---|---|
| 8/F | Oul | Gains/Losses | Gains/Losses | C/F | |||||
| Reslricted Funds | |||||||||
| Charitable Fund |
5,209,407 | 29,373 | 6,839 | 55,968 | 1,273 | 5,174,70( | |||
| Deeds ofCovenant | Fund | 75,272 | 9872 | 7,413 | 9,589 | 67,94'. | |||
| Total Restricted Funds | 5284 670 | 39045 | 14252 | 65557 | 1273 | 5242 64i | |||
| Desi hated Funds |
|||||||||
| Exlraordiha Fund |
341,876 | 6,717 | 1 337 | 33926 | 13627 | 265,42: | |||
| Cyclical Maintenance Fund |
300761 | 7850 | 973 | 22,456 | 21 081 | 6398 | 302,51! | ||
| Total Desi haled Funds |
642 637 | 14,567 | 2,310 | 22456 | 34276 | 55007 | 20025 | 568 Oiu | |
| Unrestricted Funds |
|||||||||
| Accumulated Inc Fund |
25,063 | 169,652 | 196,173 | 11820 | 10,36.' | ||||
| Total Unrestricted | Funds | 25063 | 169852 | 198173 | 11,820 | 10361 | |||
| Total Funds | 5952,379 | 223,264 | 212,735 | 34276 | 34276 | 120,564 | 21200 | 5021 04l |
| Unrestricted | Designated | Restricted | Total | ||
|---|---|---|---|---|---|
| Fundsf | Fundsf | Fundsf | Funds f |
||
| Property | 4,000,000 | 4,000,000 | |||
| Investments | 356,902 | 1,124,155 | 1,481,057 | ||
| Cash & | Bank | 17,893 | 211,140 | 119,632 | 348,665 |
| Debtors | 3,059 | 1,233 | 4,292 | ||
| Current | Liabilities | (10,590) | (2,378) | (12,968) | |
| Net Assets at 31st March 2023 | 10,362 | 568,042 | 5,242,642 | 5,821,046 |
| he total a | mount of unconditional dona |
tions received from related pa |
rties is as fo |
|---|---|---|---|
| 2023f | 2022f | ||
| Aggregate | donations | 4,000 | Nil |
| ointed | Resi | ned | |
|---|---|---|---|
| EP Fox | 2013 | ||
| MR Ellis | 2010 | ||
| DP Corah | 2010 | ||
| Past Masters | |||
| AH Jarvis | 2012 | ||
| JG Ellis | 2017 | ||
| lM Grund | 2014 | ||
| SA Turner | 2009 | ||
| PR White | 2013 | ||
| ME Green | 2012 | ||
| TDW Miller | 2008 | ||
| LJ Smith | 2008 | ||
| SH Woolfe | 2008 | ||
| GAF Smith | 2007 | ||
| PD Bethel | 2004 | ||
| GFC Turner | 2002 | ||
| HC Stevenson | 1996 | ||
| SK Murra | 1996 | ||
| SFRichards | 1995 | ||
| Assistants | |||
| JJPears | 2012 | ||
| P M Tranter | 2015 | ||
| C Bethel | 2019 | 2022 | |
| J Martin | 2019 | ||
| M Tra nor | 2019 | ||
| SJM Burrows | 2020 | ||
| C Fuller | 2021 | ||
| SJa elman | 2021 | ||
| H Woolfe | 2021 | ||
| P Bonnett | 2023 |