2021-03-31-accounts

		Page
Report ofthe Trustees	1	to	4
Report ofthe Independent Auditors	5	to	7
Statement ofFinancial Activities
Balance Sheet	9	to	10
Notes to the Financial Statements	11	to	19
Detailed Statement ofFinancial Activities	20	to	21

fo	r the Year En	ded 31March 2	021
				31.3.21	31.3.20
		Unrestricted	Endowment	Total	Total
		funds	funds	funds	funds
	Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies		1,900		1,900
Charitable activities
Maintenance contributions		178,171		178,171	182,077
Investment income		22		22	65
Total		180,093		180,093	182,142
EXPENDITURE ON
Charitable activities	4
Maintenance contributions		180,644		180,644	198,636
Welfare fund					2,777
Total		180,644		180,644	201,413
Net gains/(losses) on investments			175,801	175,801	(18,969)
NET INCOME/(EXPENDITURE)		(551)	175,801	175,250	(38,240)
Transfers between funds	15	146	(146)
Net movement in funds		(405)	175,655	175,250	(38,240)
RECONCILIATION OF FUNDS
Total funds brought forward		550,591	1,970,636	2,521,227	2,559,467
TOTAL FUNDS CARRIED FORWARD		550,186	2,146291	2,696,477	2,521,227

				31.3.21	31.3.20
		Unresnicted	Endowment	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	11	504,589	1,350,577	1,855,166	1,855,166
Investments	12		795,714	795,714	620,059
		504,589	2,146,291	2,650,880	2,475,225
CURRENT ASSETS
Debtors	13	8,893		8,893	11,662
Cash at bank and in hand		63,270		63,270	51,879
		72,163		72,163	63,541
CREDITORS
Amounts falling due within one year	14	(26,566)		(26,566)	(17,539)
NKT CURRENT ASSETS		45,597		45,597	46,002
TOTAL ASSETSLESSCURRENT LIABILITIES		550,186	2,146,291	2,696,477	2,521,227
NKT ASSETS		550,186	2,146,291	2,696,477	2,521,227

Endowment	funds:
Permanent	Endowment

540,826	536,416
9,360	14,175
550,186	550,591
2,146,291	1,970,636
2,696,477	2,521,227

INVESTMENT INCOME
			31.3.21	31.3.20
Other investment income				2
Deposit account interest			22	63
			22
INCOME FROM CHARITABLE ACTIVITIES
			31.3.21	31.3.20
	Activity			E
Maintenance contributions	Maintenance	contributions	178,171	182,077

			Direct	Support
			Costs (see	costs (see
			note 5)	note 6)	Totals
				8
Maintenance	contributions		175,230	5,414	180,644
DIRECT COSTS OF		CHARITABLE ACTIVITIES
				31.3.21	31.3.20
Staffcosts				93,260	90,828
Welfare fund				4,815	2,777
Aidecall					800
Council Tax					197
Garden Upkeep					5,738
Insurance				5,108	5,836
Telephones				1,131	1,073
Utilities				21,279	22,804
Office Supplies				2,294	433
Premises Maintenance				44,965	63,170
Training travel and sundry				1,361	1,505
Bank Charges				97	93
Donations				260	510
IT Software/	Consumables			660	549
				175,230	196,313
SUPPORT COSTS
					Governance
					costs
Maintenance	contributions				5,414
Support costs, included		in the above, are as follows:
Governance	costs
				31.3.21	31.3.20
				Maintenance	Total
				contributions	activities
				f.
Auditors' remuneration				5,414	4,260
Legal and professional		fees			840
				5,414	5,100

STAFF COSTS
					31.3.21	31.3.20
Wages and salaries					84,041	81,219
Social security costs					4,635	5,145
Other pension costs					4,584	4,464
					93,260	90,828
The average monthly	number ofemployees		during	the year was as follows:
					31.3.21	31.3.20
Clerk and Receiver					I	1
Others					3	3
No employees received emoluments		in excess off60,000.
COMPARATIVKS	FOR THK STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Endowment	Total
				funds	funds	funds
INCOME AND ENDOWMENTS		FROM
Charitable activities
Maintenance contributions				182,077		182,077
Investment income				65		65
Total				182,142		182,142
EXPENDITURE ON
Charitable activities
Maintenance contributions				198,636		198,636
Welfare fund				2,777		2,777

Notes to the Financial Statements - continued for the Year Ended 31March 2021	Notes to the Financial Statements - continued for the Year Ended 31March 2021	Notes to the Financial Statements - continued for the Year Ended 31March 2021
COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES -continued
	Unrestricted	Endowment	Total
	funds	funds	funds
			f
Total	201,413		201,413
Net gains/(losses) on investments		(18,969)	(18,969)
NET INCOME/(EXPENDITURE)	(19,271)	(18,969)	(38,240)
Transfers between funds	141	(141)
Net movement in funds	(19,130)	(19,110)	(38,240)
RECONCILIATION OF FUNDS
Total funds brought forward	569,721	1,989,746	2,559,467
TOTAL FUNDS CARRIED FORWARD	550,591	1,970,636	2,521,227
TANGIBLE FIXEDASSETS
			Freehold
			property
			6
COST
At 1 April 2020 and 31March 2021			1,855,166
NET BOOK VALUE
At 31March 2021			1,855,166
At 31March 2020			1,855,166

FIXEDASSETINVKSTMKNTS
	Listed
	investments
MARKET VALUE
At 1 April 2020	620,059
Revaluations	175,655
At 31 March 2021	795,714
NET BOOK VALUE
At 31March 2021	795,714
At 31March 2020	620,059

DEBTORS:AMOUNTS FALLINC DUE WITHIN ONE YEAR
	31.3.21	31.3.20
Trade debtors Other debtors Prepayments	2,233 6,660	4,614 1,560 5,488
	8,893	11,662
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.3.21	31.3.20
Trade creditors Social security and other taxes Other creditors	4,971 1,905	7,186 2,632 471
Accrued expenses	19,690	7,250
	26,566	17,539

MOVEMEN	T IN FUNDS
			Net	Transfers
			movement	between	At
		At 1.4.20 f	in funds	funds	31.3.21 f
Unrestricted	funds
General fund Welfare Fund		536,416 14,175	4,264 (4,815)	146	540,826 9,360
Endowment	funds	550,591	(551)	146	550,186
Permanent Endowment		1,970,636	175,801	(146)	2,146,291
TOTAL FUNDS		2,521,227	175,250		2,696,477

			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			f.
Unrestricted	funds
General fund			180,093	(175,829)		4,264
Welfare Fund				(4,815)		(4,815)
			180,093	(180,644)		(551)
Endowment	funds
Permanent Endowment					175,801	175,801
TOTALFUNDS			180,093	(180,644)	175,801	175,250
Comparatives	for movement	in funds

				Net	Transfers
				movement	between	At
			At 1.4.19	in funds	funds	31.3.20
					8	8
Unrestricted		funds
General fund			552,770	(16,495)	141	536,416
Welfare Fund			16,951	(2,776)		14,175
			569,721	(19,271)	141	550,591
Endowment		funds
Permanent	Endowment		1,989,746	(18,969)	(141)	1,970,636
TOTALFUNDS			2,559,467	(38,240)		2,521,227

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
					E
Unrestricted	funds
General fund		182,141	(198,636)		(16,495)
Welfare Fund		I	(2,777)		(2,776)
		182,142	(201,413)		(19,271)
Endowment	funds
Permanent Endowment				(18,969)	(18,969)
TOTALFUNDS		182,142	(201,413)	(18,969)	(38,240)

					Net	Transfers
					movement	between	At
				At 1.4.19	in funds	funds	31.3.21
					f.
Unrestricted			funds
General	fund			552,770	(12,231)	287	540,826
Welfare	Fund			16,951	(7,591)		9,360
				569,721	(19,822)	287	550,186
Endowment			funds
Permanent		Endowment		1,989,746	156,832	(287)	2,146,291
TOTALFUNDS				2,559,467	137,010		2,696,477

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		f.
Unrestricted	funds
General fund		362,234	(374,465)		(12,231)
Welfare Fund		1	(7,592)		(7,591)
		362,235	(382,057)		(19,822)
Endowment	funds
Permanent Endowment				156,832	156,832
TOTALFUNDS		362,235	(382,057)	156,832	137,010

			StMartin-in-the-Fields	StMartin-in-the-Fields	Almshouse
				Charity
			Detailed	Statement ofFinancial Activities
			for the Year Ended 31		March 2021
						31.3.21	31.3.20
						f.
INCOME AND		ENDOWMENTS
Donations and	legacies
Donations						100
Grants						1,800
						1,900
Investment income
Other investment		income					2
Deposit account		interest				22	63
						22	65
Charitable activities
Maintenance contributions						178,171	182,077
Total incoming		resources				180,093	182,142
EXPENDITURE
Charitable activities
Wages						84,041	81,219
Social security						4,635	5,145
Pensions						4,584	4,464
Welfare fund						4,815	2,777
Aidec all							800
Council Tax							197
Garden Upkeep Insurance						5,108	5,738 5,836
Telephones						1,131	1,073
Utilities						21,279	22,804
Office Supplies						2,294	433
Premises Maintenance						44,965	63,170
Training travel	and sundry					1,361	1,505
Bank Charges Donations						97 260	93 510
IT Software/ Consumables						660	549
						175,230	196,313
Support costs
Governance	costs
Auditors' remuneration						5,414	4,260
Carried forward						5,414	4,260

		StMartin-in-the-Fields Almshouse Charity
		Detailed Statement ofFinancial Activities
		for the Year Ended 31March 2021
			31.3.21	31.3.20
Governance costs
Brought forward			5,414	4,260
Legal and professional		fees		840
			5,414	5,100
Total resources expended			180,644	201,413
Net expenditure before		gains and losses	(551)	(19,271)
Realised recognised	gains and losses
Realised gains/(losses)	on fixed asset invesunents		175,801	(18,969)
Net income/(expenditure)			175,250	(38,240)