2021-12-31-accounts

		Page
Reference and administrative details ofthe Charity, its Trustees and advisers
Trustees' report		2-4
Independent examiner's	report	5-6
Statement offinancial	activities
Balance sheet
Notes to the financial statements		9-21

REFERENCE	AND	ADMINISTRATIVE	DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
		FOR THE	YEAR ENDED 31 DECEMBER 2021

Trustees	Mrs D Capps,	Mrs D Capps,	Chairman
	Mr RJervis,	Vice Chairman
	Mrs F Barnes
	Mr R E D Case
	Mrs J Conlon		(resigned 9March 2021)
	Mrs J English
	Mr C Foot
	Mr M A Thorpe
	Mrs A Gowens
	MrJ Hawkey
	Mr R Hughes		(appointed 9March 2021)
	Mrs E Merrifield
	Mrs A Meyer	(appointed 9March 2021)
	Mr I Musty
	Dr JWilliams
Charity registered
number	213371
Principal office	Copthome Road
	Shrewsbury
	Shropshire
	SY38JW
Accountants	WR Partners
	Chartered Accountants
	Belmont House
	Shrewsbury	Business Park
	Shrews bury
	Shropshire
	SY26LG
Senior Management	Gavin Hogg,	Clerk to the Trustees
Team

		Endowment	Unrestricted	Total	Total
		funds	funds	funds	funds
		2021	2021	2021	2020
Note				F
Income and endowments	from:
Charitable activities			183,256	183,256	178,286
Investments			13,027	13,027	12,423
Total income and endowments			196,283	196,283	190,709
Expenditure on:
Raising funds			492	492	924
Charitable activities			253,002	253,002	186,644
Total expenditure			253,494	253,494	187,568
Net (expenditure)/income gains on investments	before net		(57,211)	(6?,211)	3,141
Net gains on investments		82,389	51,837	134,226	52,267
Net movement In funds		82,389	(5,374)	77,015	55,408
Reconciliation offunds:
Total funds brought forward		483,218	820,093	1,303,311	'/,247,903
Net movement in funds		82,389	(5,374)	77,016	55,408
Total funds carried forward		565,607	814,719	1,380,326	1,303,311

			Note		2021f		2020
Fixed assets
Tangible assets			11		362,567		375,132
Investments			12		1,003,611		888,921
					1,366,178		1,264,053
Current assets
Debtors			14	4,138		2,999
Cash at bank and in hand				27,442		57,852
				31,580		60,851
Creditors: amounts	falling due within one
year			15	(17,432)		(21,593)
Net current assets					14,148		39,258
Total assets less current liabilities					1,380,326		1,303,311
Net assets excluding		pension asset			1,380,326		1,303,311
Total net assets					1,380,326		1,303,311
Charity funds
Endowment funds			16		565,607		483,218
Restricted funds			16
Unrestricted funds			16		814,719		820,093
Total funds					1,380,326		1,303,311

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			F	E
Provision ofAlmshouse		Accommodation	177,192	177,192	170,523
Recharges	and extras		6,064	6,064	7,763
			183,256	183,256	178,286
Total 2020			178,286	178,286

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
			E
Income from investments		1,772	1,772	1,738
Investment	income - PV Cells	11,255	11,255	10,685
		13,027	13,027	12,423
Total 2020		12,423	12,423

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			E
Investment	management	fees	492	492	924
Total 2020			924	924

	Grants to	Total	Total
	Individuals	funds	funds
	2021	2021	2020
		E
Grants to individuals	3,236	3,236	1,250
Total 2020	1,250	1,250

		Activities	Grant
		undertaken	funding of	Total	Total
		directly	activities	funds	funds
		2021	2021	2021	2020
				f.
Provision ofAlmshouse	Accommodation	249,766		249,766	185,394
Grant Making			3,236	3,236	1,250
		249,766	3,236	253,002	186,644
Total 2020		185,394	1,250	186,644

			Provision of
			Almshouse
			Accommodat	Total	Total
			ion	funds	funds
			2021	2021	2020
Staff costs			43,534	43,534	28,866
Depreciation			12,565	12,565	12,565
Electricity			33,142	33,142	29,496
Council Tax			1,842	1,842	1,656
Water rates			7,382	7,382	7,062
Insurance			5,909	5,909	4,457
Telephone			978	978	889
Repairs and	Renewals		108,349	108,349	62,554
Window Cleaning			2,185	2,185	2,147
Ground maintenance			10,556	10,556	6,921
Alarm Maintenance		and Security	3,352	3,352	7,613
Architects and Surveyors fees			7,112	7112	7,795
Sculpture Maintenance			390	390	276
Other items	&F1,000		3,336	3,336	4,233
Bank Charges			160	160	151
Investment write off			4,044	4,044	4,044
Training			192	192
Website costs			1,293	1,293	720
HR services			1,040	1,040
Governance	costs		2,405	2,405	3,949
			249,766	249,766	185,394
Total 2020			185,394	185,394

Staff costs
			2021	2020
Wages and	salaries		38,293	27,537
Social security costs			3,904
Contribution	to defined contribution	pension schemes	1,337	1,329
			43,534	28,866

	Freehold	Fixtures and
	property	fittings	Total
		f,
Cost or valuation
At 1 January 2021	628,259	27,781	656,040
At 31 December 2021	628,259	27,781	656,040
Depreciation
At 1 January 2021	253,127	27,781	280,908
Charge for the year	12,565		12,565
At 31 December 2021	265,692	27,781	293,473
Net book value
At 31 December 2021	362,567		362,567
At 35December 2020	375,132		375,132

						Other fixed
					Unlisted	asset
					investments	investments	Total
					E
	Cost or valuation
	At 1 January	2021			847,679	41,242	888,921
	Additions				25,000		25,000
	Disposals				(40,492)		(40,492)
	Revaluations				134,226		134,226
	Amounts written		off			(4,044)	(4,044)
	At 31 December		2021		966,413	37,198	1,003,611
	Net book value
	At 31 December		2021		966,413	37,198	1,003,611
	At 31December		2020		847,679	41,242	888,921
13.	Material Investments
						2021	2020
						E
	Photovoltaic	cells				37,200	41,244
	COIF Charities		Investment	funds		688,051	624,053
	MLG Investments					186,408	140,318
	Quilter (Old	Mutual Wealth)				91,460	83,306
						1,003,119	888,921
14.	Debtors
						2021f	2020
	Due within	one year
	Prepayments	and accrued		income		4,138	2,999
						4,138	2,999

	2021	2020
Trade creditors	6,226	1,103
Other taxation and social security	1,119	415
Accruals and deferred income	10,087	20,075
	17,432	21,593

Statement offunds	- current	year
						Balance at 31
		Balance at 1			Gains/	December
		January 2021	Income	Expenditure	(Losses)	2021
Unrestricted funds
Designated funds
Extraordinary repairs	fund	150,000				150,000
Cyclical maintenance	fund	25,000				25,000
		175,000				175,000
General funds
General Funds		645,093	196,283	(253,494)	51,837	639,719
Total Unrestricted	funds	820,093	196,283	(253,494)	51,837	814,719
Endowment funds
Capital reserve		483,218			82,389	565,607
Total offunds		1,303,311	196,283	(253,494)	134,226	1,380,326

			Balance at				Balance at
			1January			Transfers	31December
			2020	income	Expenditure	inlout	2020
Unrestricted	funds
Designated	funds
Extraordinary	repairs fund		150,000				150,000
Cyclical maintenance		fund	25,000				25,000
			175,000				175,000
General funds
General Funds - all funds			630,134	190,709	(187,568)	11,818	645,093
Total Unrestricted		funds	805,134	190,709	(187,568)	11,818	820,093
Endowment	funds
Endowment	Funds - all funds		442,769			40,449	483,218
Total offunds			1,247,903	190,709	(187,568)	52,267	1,303,311

Analysis of net assets between funds - current year
	Endowment	Unrestricted	Total
	funds	funds	funds
	2021	2021	2021
	E	E	F
Tangible fixed assets		362,567	362,567
Fixed asset investments	565,607	438,004	1,003,611
Current assets		31,580	31,580
Creditors due within one year		(17,432)	(17,432)
Total	565,607	814,719	1,380,326
Analysis of net assets between funds - prior year
	Endowment	Unrestricted	Total
	funds	funds	funds
	2020	2020	2020
Tangible fixed assets		375,132	375,132
Fixed asset investments	483,218	405,703	888,921
Current assets		60,851	60,851
Creditors due within one year		(21,593)	(21,593)
Total	483,218	820,093	1,303,311