| (1) The Charity was s Division. |
et up on 5th December 1924 by order ofthe High Court of | et up on 5th December 1924 by order ofthe High Court of | et up on 5th December 1924 by order ofthe High Court of | et up on 5th December 1924 by order ofthe High Court of | Justice, Cha |
|---|---|---|---|---|---|
| (2) The principal aim |
ofthe Charity was to erect, decorate, furnish and maintain |
almshouses. | |||
| There have been | no changes | in this objective during the year. | |||
| (3) The particulars ofthe Trustees are noted below: | |||||
| Name | Address | ||||
| Stephen J Burrows |
Cropstone House, Cropston, Leicestershire |
||||
| Raymond Hale |
The Stables, 105Main Street, Nailstone, | Leicestershire | |||
| June Hallam | 1Quorn Mill, Weavers Close, Quorn, Loughborough |
||||
| Revd. David McDonough | St. Mary' s, 1Hurds Close, Anstey, Leicestershire | ||||
| Christine North |
Forest Lodge, 137Station Road, Cropston, | Leicestershire | |||
| Jeremy Clear |
61Anstey Lane, Thurcaston, Leicester |
||||
| Susanne Grantham | 137The Ridings, Rothley, Leicestershire | ||||
| (4) Clerk to the trustees | Mrs SGarvey | ||||
| (5) The professional | advisers of | the charity are as follows:— | |||
| Solicitors | Wartnaby | Hefford, 44 High Street, | |||
| Market Harborough, Leicestershire, LE167AH |
|||||
| Bankers | HSBC Bank pic, 31Granby Street, Leicester LE16EP | ||||
| Accountants | Ireland Ik |
Company Limited, 10Station Street, Kibworth |
Beauchamp | ||
| Leicester | LEB OLN | ||||
| Architects | Currently | vacant |
| Total | Tota I | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Note | Restricted | Unrestricted | Funds | Funds | |||||
| Funds | 2021 | 2020 | |||||||
| 6 | 6 | 6 | 6 | ||||||
| Income and expenditure | |||||||||
| Incoming Resources | |||||||||
| Donations | |||||||||
| Investment income |
|||||||||
| Dividends and interest |
42,658 | 42,658 | 51,195 | ||||||
| Interest on deposit | 66 | 66 | 98 | ||||||
| Other income | 260 | 260 | 961 | ||||||
| Total incoming resources |
42,984 | 42,984 | 52,254 | ||||||
| Resources expended | |||||||||
| Direct charitable expenditure |
32,164 | 32,164 | 30,055 | ||||||
| Management and administration |
18,794 | 18,794 | 23,651 | ||||||
| ofthe charity | |||||||||
| Total resources expended | 50,959 | 50,959 | 53,706 | ||||||
| Net incoming/(outgoing) | resources for | ||||||||
| the year | (7,975) | (7,975) | (1,452) | ||||||
| Other recognised gains |
and losses | ||||||||
| Unrealised gains/(losses) |
on investment | assets | 73,443 | 73,443 | (209,057) | ||||
| Realised gains/(losses) | on | investment | assets | 123,236 | 123,236 | 3,926 | |||
| Net movement in funds |
188,705 | 188,705 | (205,132) | ||||||
| Fund balances brought | forward | ||||||||
| at 1st April 2020 | 42,545 | 1,160,233 | 1,202,778 | 1,409,361 | |||||
| Fund balances carried forward at | |||||||||
| 31stMarch 2021 | 42,545 | 1,348,938 | 1,391,483 | 1,202,778 |
| Note | 2021 | 2020 | |||
|---|---|---|---|---|---|
| f | 6 | ||||
| Fixed assets | |||||
| Tangible fixed assets | 5 | 117,758 | 117,758 | ||
| Investments | 6 | 1,200,454 | 1,043,729 | ||
| 1,318,212 | 1,161,487 | ||||
| Current assets | |||||
| Debtors | 7 | 2,876 | 5,714 | ||
| Cash at bank and in | hand | 8 | 79,350 | 37,189 | |
| 82,226 | 42,903 | ||||
| Creditors: Amounts | falling due | ||||
| within one year | 9 | (8,955) | (1,612) | ||
| Net current assets | 73,270 | 41,291 | |||
| Net assets | 1,391,483 | 1,202,778 | |||
| Funds | |||||
| Restricted | 4 | 42,545 | 42,545 | ||
| Unrestricted | 4 | 1,348,938 | 1,160,233 | ||
| 1,391,483 | 1,202,778 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| f | f | |||
| Unrestricted | Funds | |||
| Wardens wages | 9,050 | 9,000 | ||
| Council tax, | water rates | and Helpline | 5,281 | 5,488 |
| Electricity | 1,487 | 695 | ||
| Telephone, less amounts |
received | 971 | 622 | |
| Insurances | 1,327 | 1,533 | ||
| Contract gardening | 6,615 | 6,300 | ||
| Television licence |
23 | 37 | ||
| Architects fees | 840 | |||
| Repairs and | renewals: Sundry repairs, | |||
| maintenance | and decorating | 7,175 | 4,922 | |
| Sundries | 235 | 618 | ||
| 32,164 | 30,055 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| f | f | |||
| Clerk's salary | and fees | 13,661 | 18,331 | |
| Accountancy | fees | 1,447 | 1,414 | |
| Investment | and Bank charges | 3,686 | 3,906 | |
| 18,794 | 23,651 |
| 4 | Funds | Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Opening | Net | Closing | ||||||
| balance | movements | balance | ||||||
| in funds | ||||||||
| f | f | |||||||
| Restricted | ||||||||
| Capital | ||||||||
| -represented | by | tangible | fixed | assests | 42,545 | 42,545 | ||
| Unrestricted | ||||||||
| Capital | 1,084,184 | 196,679 | 1,280,863 | |||||
| Income | 76,049 | (7,975) | 68,074 | |||||
| Total | 1,202,778 | 188,705 | 1,391,483 |
| 5 | Tangible fixed assets | ||||||
|---|---|---|---|---|---|---|---|
| Freehold | Guest | ||||||
| land at | room | Furnishing | |||||
| Cropston | Building | furnishings | ofhouses | Total | |||
| f | f | f | f | f | |||
| Book cost at | |||||||
| 31stMarch | 2020 and | ||||||
| 31stMarch | 2021 | 1,550 | 116,206 | 2,453 | 1 | 120,210 | |
| Accumulated | depreciation | ||||||
| at 31st March 2021 Official |
2,452 | 2,452 | |||||
| Charge for the year | |||||||
| 2,452 | - | 2,452 | |||||
| Net BookValue | 1,550 | 116,206 | 1 | 1 | 117,758 |
| Capital | Income | |||
|---|---|---|---|---|
| Account | Account | Total | ||
| f | f | f | ||
| Quoted investments | ||||
| Market value 1stApril 2020 | 909,380 | 134,349 | 1,043,729 | |
| Purchases | 763,450 | 763,450 | ||
| Sales | (640,054) | (163,350) | (803,404) | |
| Net realised gains/(losses) | 94,235 | 29,001 | 123,236 | |
| Net unrealised | gains/(losses) | 73,443 | 73,443 | |
| Market value 31stMarch 2021 | 1,200,454 | 0 | 1,200,454 | |
| Historical cost | asat 31stMarch 2021 | 1,031,692 | 0 | 1,031,692 |
| 2021 | 2020 | |||
| 7 Debtors |
f | |||
| Prepayments | 0 | 3,356 | ||
| Brewin Dolphin | 2,876 | 2,358 | ||
| 2,876 | 5,714 | |||
| 8 Bank balances and deposits |
2021 | 2020 | ||
| E | E | |||
| HSBC Bank | ||||
| Current account | 17,699 | 13,526 | ||
| Central Board | ofFinance | |||
| Deposit account | 22,490 | 22,424 | ||
| Brewin Dolphin | 39,162 | 1,239 | ||
| 79,350 | 37,189 |
| 9 | Creditors: Amounts | falling due within one year | 2021 f |
2020 E |
|---|---|---|---|---|
| Accountancy | fees | 1231 | 1,413 | |
| Other creditors | 7,724 | 199 | ||
| 8,955 | 1,612 |