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2021-12-31-accounts

Trustees			Mr RW Carradice Chairman	Mr RW Carradice Chairman	Mr RW Carradice Chairman
			Mrs SEHodgson
			Rev CNewlands	(resigned 31/3/2021)
			Councillor DBrookes
			Councillor RRedfern
			Mr C Hanna
			Mr A Sandham
			Mrs PBarker
			Councillor KBudden
			Dame P Fielding
			Councillor A Biddulph
			Councillor KFree
			Councillor IPritchard
			Rev LVasey-Saunders		(appointed	12/10/2021)
Principal	address		William Penny's
			Regent Street
			LANCASTER
			LA1 1SG
Registered		charity number	213461
Independent		examiner	Scott 8cWilkinson
			Dalton House
			9Dalton Square
			LANCASTER
			LA1 1WD

						2021	2020
				Unrestricted	Endowment	Total	Total
				funds	fund	funds	funds
			Notes	f	f
Income and endowments		from
Donations and legacies							276
Charitable activities
Provision ofAlmhouse	accommodation			238,636		238,636	229,622
Investment income			2	21,166		21,166	21,340
Other income							52
Total				259,802		259,802	251,290
Expenditure on
Charitable activities			3
Provision ofAlmhouse	accommodation			228,196		228,196	287,251
Relief ofaged persons				490		490	490
Total				228,686		228,686	287,741
Net gains on investments				75,745	23,215	98,960	9,552
NET INCOME/(EXPENDITURE)				106,861	23,215	130,076	(26,899)
Reconciliation offunds
Total funds brought forward				1,860,701	216,960	2,077,661	2,104,560
Total funds carried forward				1,967,562	240,175	2,207,737	2,077,661

					2021	2020
			Unrestricted	Endowment	Total	Total
			funds	fund	funds	funds
		Notes
Fixed assets
Tangible assets		9	1,251,184		1,251,184	1,253,249
Investments		10	632,831	240,175	873,006	774,045
			1,884,015	240,175	2,124,190	2,027,294
Current assets
Debtors		11	2,378		2,378	2,348
Cash at bank			103,261		103,261	64,997
			105,639		105,639	67,345
Creditors
Amounts falling due within one year		12	(22,092)		(22,092)	(16,978)
Net current	assets		83,547		83,547	50,367
Total assets	less current liabilities		1,967,562	240,175	2,207,737	2,077,661
NET ASSETS			1,967,562	240,175	2,207,737	2,077,661
Funds		13
Unrestricted	funds				1,967,562	1,860,701
Endowment	funds				240,175	216,960
Total funds					2,207,737	2,077,661

							2021	2020
Fixed asset		investment		income			21,166	21,340
Charitable		activities costs
						Direct	Support
						Costs (see	costs (see
						note 4)	note 5)	Totals
Provision	ofAlmhouse			accommodation		219,017	9,179	228,196
Reliefof	aged		persons			490		490
						219,507	9,179	228,686
Direct costs		ofcharitable			activities
							2021	2020
								g
Staffcosts							48,840	47,597
Rates and	water						11,521	13,045
Insurance							6,834	6,640
Light and	heat						60,199	47,015
Telephone							2,162	2,234
Website							86	86
Repairs and		maintenance					81,266	60,775
Gardening							4,684	4,244
Payments	to	named pensioners					490	490
Extraordinary			repairs				435	96,540
Residents	compensation						2,990
							219,507	278,666

Governance	costs
		2021	2020
		Provision
		of
		Almhouse	Total
		accommodation	activities
Wages		1,570	1,550
Postage, travel and sundries		2,055	1,177
Independent	examiner fees	2,682	2,607
Trade subscriptions		807	388
Depreciation	oftangible fixed assets	2,065	2,753
Loss on sale	oftangible fixed assets		600
		9,179	9,075

Staffcosts
					2021	2020
Wages and		salaries			50,410	49,147
					50,410	49,147
The average		monthly	number ofemployees	during the year was as follows:
					2021	2020
Charitable	activities				4	4
Governance					1	1
					5	5

					Unrestricted	Endowment	Total
					funds	fund	funds
	Income and endowments		from
	Donations and legacies				276		276
	Charitable activities
	Provision ofAlmhouse	accommodation			229,622		229,622
	Investment income				21,340		21,340
	Other income				52		52
	Total				251,290		251,290
	Expenditure on
	Charitable activities
	Provision ofAlmhouse	accommodation			287,251		287,251
	Reliefofaged persons				490		490
	Total				287,741		287,741
	Net gains/(losses) on investments				17,067	(7,515)	9,552
	NET INCOME/(EXPENDITURE)				(19,384)	(7,515)	(26,899)
	Reconciliation offunds
	Total funds brought forward				1,880,085	224,475	2,104,560
	Total funds carried forward				1,860,701	216,960	2,077,661
9,	Tangible fixed assets
					Fixtures
				Freehold	and	Computer
				property	fittings	equipment	Totah
	Cost
	At 1 January 2021 and 31		December 2021	1,245,000	57,640	585	],303,225
	Depreciation
	At 1 January 2021				50,687	(711)	49,976
	Charge for year				1,740	325	2,065
	At 31December 2021				52,427	(386)	52,041
	Net book value
	At 31December 2021			1,245,000	5,213	971	1,251,184
	At 31December 2020			1,245,000	6,953	1,296	1,253,249

							Listed
							investments
	Market value
	At 1January 2021						774,045
	Revaluations						98,961
	At 31December 2021						873,006
	Net book value
	At 31December 2021						873,006
	At 31December 2020						774,045
	There were no investment			assets outside the UK.
	Cost or valuation	at31December 2021 is represented			by:
							Listed
							investments
	Valuation in 2021						753,207
	Cost						119,799
							873,006
11.	Debtors: amounts		falling	due within one year
						2021	2020
	Prepayments and accrued			income		2,378	2,348
12.	Creditors: amounts		falling due within one year
						2021	2020
	Other creditors					22,092	16,978

						Net
						movement	At
					At I/I/21	in funds	31/12/21
Unrestricted	funds
General fund					1,744,147	91,507	1,835,654
Designated fund					116,554	15,354	131,908
					1,860,701	106,861	1,967,562
Endowment	funds
Permanent endowment					216,960	23,215	240,175
TOTAL FUNDS					2,077,661	130,076	2,207,737
Net movement	in funds, included		in the above	are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses f	in funds
Unrestricted	funds
General fund				259,802	(228,686)	60,391	91,507
Designated fund						15,354	15,354
				259,802	(228,686)	75,745	106,861
Endowment funds
Permanent endowment						23,215	23,215
TOTAL FUNDS				259,802	(228,686)	98,960	130,076
Comparatives	for movement	in	funds
						Net
						movement	At
					At I/I/20	in funds	31/12/20
					I	I
Unrestricted	funds
General fund					1,759,700	(15,553)	1,744,147
Designated fund					120,385	(3,831)	116,554
					1,880,085	(19,384)	1,860,701
Endowment funds
Permanent endowment					224,475	(7,515)	216,960
TOTAL FUNDS					2,104,560	(26,899)	2,077,661

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				g
Unrestricted		funds
General fund			251,290	(287,741)	20,898	(15,553)
Designated		fund			(3,831)	(3,831)
			251,290	(287,741)	17,067	(19,384)
Endowment		funds
Permanent	endowtnent				(7,515)	(7,515)
TOTALFUNDS			251,290	(287,741)	9,552	(26,899)

		2021	2020
Income and endowments
Donations and legacies
Donations			276
Investment income
Fixed asset investment	income	21,166	21,340
Charitable activities
Maintenance contributions		235,434	226,370
Rents and wayleaves		2	12
Cold weather payments		3,200	3,240
		238,636	229,622
Other income
Other income			52
Total incoming resources		259,802	251,290
Expenditure
Charitable activities
Wages		48,840	47,597
Rates and water		11,521	13,045
Insurance		6,834	6,640
Light and heat		60,199	47,015
Telephone		2,162	2,234
Website		86	86
Repairs and maintenance		81,266	60,775
Gardening		4,684	4,244
Payments to named pensioners		490	490
Extraordinary repairs		435	96,540
Residents compensation		2,990
		219,507	278,666
Support costs
Governance costs
Wages		1,570	1,550
Postage, travel and sundries		2,055	1,177
Independent examiner	fees	2,682	2,607
Trade subscriptions		807	388
Fixtures and fittings		1,740	2,320
Computer equipment		325	433
Carried forward		9,179	8,475

		2021	2020
Governance	costs
Brought forward		9,179	8,475
Loss on sale	oftangible fixed assets		600
		9,179	9,075
Total resources	expended	228,686	287,741
Net income/(expenditure)		31,116	(36,451)