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