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|Co-opted Trustees:|Co-opted Trustees:|Mrs J Honnoraty|-Chairman|
|---|---|---|---|
|||Mr E Kibbler||
|||Mr6Sutherland||
|||Mr JAtkinson||
|||Mrs A Lettis||
|||Mrs LBolton||
|Nominative|Trustees:|Cllr M Ashford||
|||Cllr N Murphy||
|||Cllr M Noone||
|Charity number||216830||
|Principal address||C/0 Moore &Tibbits||
|||34 High Street||
|||Warwick||
|||Warwickshire||
|||CV34 4BE||
|Independent|examiners|Burgis &Bullock||
|||23-25Waterloo Place||
|||Leamington
Spa||
|||CV32 SLA||
|Bankers||Lloyds TSBBank pic||
|||10-12Swan Street||
|||Warwick||
|||CV344BT||
|Solicitors||Moore &Tibbits||
|||34 High Street||
|||Warwick||
|||CV344BE||
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||||Page|
|---|---|---|---|
|Trustees' report|||1-2|
|Independent|examiner's|report||
|Statement of|financial activities||4-5|
|Balance sheet||||
|Notes tothe financial statements|||7-22|
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|Current financial year|||||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Endowment|Total|Total|
|||||funds|funds|funds|||
|||||general|designated||||
|||||2021|2021|2021|2021|2020|
||||Notes|f|f|f|f|f|
|income and endowments|from:||||||||
|Donations
and legacies||||4,755|||4,755|7,978|
|investments||||66,798|||66,798|66,171|
|Other income||||812||101,032|101,844||
|Total income and endowments||||72,365||101,032|173,397|74,149|
|E
enditure on:|||||||||
|Charitable
activities||||61,734|||61,734|48,204|
|Governance
and Administration|||||||||
|costs||||15,466|||15,466|11,544|
|Total resources expended||||77,200|||77,200|59,748|
|Surplus/(Deficit)
on ordinary||activities||(4,835)||101,032|96,197|14,401|
|Net gains/(losses)
on investments|||10|20,122|39,370|83,412|142,904|16,273|
|Net movement
in funds||||15,287|39,370|184,444|239,101|30,674|
|Net movement
in funds||||15,287|39,370|184,444|239,101|30,674|
|Fund balances at 1January|2021|||151,179|226,447|2,024,086|2,401,712|2,371,038|
|Fund balances at31December 2021||||166,466|265,817|2,208,530|2,640,813|2,401,712|
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|Prior financial year||||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Endowment|Total|
|||||funds|funds|funds||
|||||general|designated|||
|||||2020|2020|2020|2020|
||||Notes|f|f||f|
|Income and endowments|from:|||||||
|Donations
and legacies||||7,978|||7,978|
|Investments||||66,171|||66,171|
|Total income and endowments||||74,149|||74,149|
|Ex enditure on:||||||||
|Charitable
activities||||48,204|||48,204|
|Governance
and Administration||costs||11,544|||11,544|
|Total resources expended||||59,748|||59,748|
|Net gains/(losses)
on investments|||10|5,329|20,186|(9,242)|16,273|
|Net movement
in funds||||19,730|20,186|(9,242)|30,674|
|Fund balances at 1January|2020|||131,449|206,261|2,033,328|2,371,038|
|Fund balances at 31December 2020||||151,179|226,447|2,024,086|2,401,712|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Notes|f|f|
|Fixed assets|||||||
|Tangible assets||||11|1,523,775|1,539,825|
|Investments||||12|1,119,550|859,563|
||||||2,643,325|2,399,388|
|Current assets|||||||
|Debtors||||14|16,500|11,940|
|Cash at bank and in|hand||||34,091|49,246|
||||||50,591|61,186|
|Creditors: amounts|falling due within||||||
|one year||||16|(20,028)|(19,487)|
|Net current assets|||||30,563|41,699|
|Total assets less current||liabilities|||2,673,888|2,441,087|
|Creditors: amounts|falling due after||||||
|more than one year||||17|(33,075)|(39,375)|
|Net assets|||||2,640,813|2,401,712|
|Capital funds|||||||
|Endowment
funds|||||||
|General endowment|funds||||1,644,911|1,460,467|
|Revaluation
reserve|||||563,619|563,619|
|||||18|2,20&,530|2,024,086|
|Income funds|||||||
|Unrestricted
funds -|eneral||||||
|Designated
funds||||19|265,817|226,447|
|General unrestricted|funds||||166,466|151,179|
||||||432,283|377,626|
||||||2,640,813|2,401,712|
|The
nanciai statements||were approved||hy the|ostees on ...!.r/...o/?:".?.-.~||
||||'I||||
|rs 3 Honnoraty|||||||
|Trustee|||||||
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||general|general|
|||2021|2020|
|||f|f|
|Grants receivable||4,755|7,978|
|Grants receivable for core activities.||||
|SirThomas Delves Charity||3,631|4,441|
|Rural Payments|Agency|1,124|3,537|
|||4,755|7,978|
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||general|general|
||||2021|2020|
||||f|f|
|Rental|income||47,247|44,471|
|Income|from unlisted|investments|19,548|21,625|
|Interest|receivable||3|75|
||||66,798|66,171|
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|||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|||
|||general||||
|||2021|2021|2021|2020|
|||f|f|f|f|
||Net gain on disposal oftangible fixed assets||101,032|101,032||
||Other income|812||812||
|||812|101,032|101,844||
|5|Charitable
activities|||||
|||||2021|2020|
|||||f|f|
||Insurance costs|||1,813|1,861|
||Heat &light|||923|479|
||Water rates||||88|
||Repairs &renewals|||11,336|19,715|
||Garden maintenance|||11,478|5,940|
||Subscriptions|||182|318|
||Sundry expenses|||505|353|
|||||26,237|28,754|
||Grant funding ofactivities (see note 6)|||35,497|19,450|
|||||61,734|48,204|
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|||2021|2020|
|---|---|---|---|
|||f|f|
|Grants to institutions:||||
|The Charity ofThomas Oken (Springfield|Mind)|5,000|2,500|
|Myton Hospice||2,000|1,000|
|Lord Leycester Hospital||25,652|10,000|
|The Air Ambulance|||1,000|
|SWFTCovid 19appeal|||1,000|
|New Life Church|||3,500|
|||32,652|19,000|
|Grants to individuals||2,845|450|
|||35,497|19,450|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||general|general|
|||2021|2020|
|Clerk's fees||10,000|8,500|
|Independent|examiner fees|2,609|2,550|
|Planning fees||2,685|280|
|Financing costs||172|214|
|||15,466|11,544|
##
|10|Net gains/(losses)|Net gains/(losses)|on Investments|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Endowment|Total|Unrestricted|Unrestricted|Endowment|Total|
|||||funds|funds|funds||funds|funds|funds||
|||||general|designated|||general|designated|||
|||||2021|2021|||2020|2020|2020|2020|
|||||E||||E|6|E|6|
||Revaluagon|ofinvestments||18,275|39@70|65,709|123,354|5329|20,186|(9,242)|16,273|
||Ga)n/(loss)|on sale|ofinvestments|1,847||17,703|19,550|||||
|||||20,122|39,370|B3,412|142,904|5,329|20,166|(9,242)|16,273|
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|Tangible fixed assets|||||
|---|---|---|---|---|
||Other Freehold|Westgate|Tlbbits Court|Total|
||tend and|Almho uses|||
||Buildings||||
||f||||
|Cost or valuation|||||
|At 1January 2021|1&9,825|600,000|750,000|1,539,825|
|Disposals|(16,050)|||(16,050)|
|At31December 2021|173,775|600,000|750,000|1,523,775|
|Carrying amount|||||
|At31December 2021|173,775|600,000|750,000|1,523,775|
|At 31December 2020|189,825|600,000|750,000|1,539,825|
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|||||||||Unlisted|
|---|---|---|---|---|---|---|---|---|
|||||||||investments|
|||||||||f|
|Cost or valuation|||||||||
|At 1 January 2021||||||||859,563|
|Additions||||||||344,299|
|Valuation
changes||||||||142,904|
|Disposals||||||||(227,216)|
|At 31December 2021||||||||1,119,550|
|Carrying amount|||||||||
|At 31December 2021||||||||1,119,550|
|At 31December 2020||||||||859,563|
||||||||2021|2020|
|||||||Fund|f|f|
|Investments
at fair value comprise:|||||||||
|16,783.46 Charities Omcial Investments||||Fund Income||Endowment|||
|Shares|||||||345,175|302,294|
|99,806National Association ofAlmshouses|||||Common|Endowment|||
|Investment
Income Shares||||||||83,458|
|7,177M &G Charifund|Investment|Bonds||||Endowment||98,509|
|6,837.70Charities Omcial Investment|||Fund||Income Shares|Unrestricted|140,627|123,157|
|30,733National Association ofAlmshouses|||||Common|Unrestricted|||
|Investment
Income Shares||||||||25,699|
|835.74Charities 0%cial|Investment||Fund|Accumulation||Designated|||
|Shares|||||||202,686|172,666|
|260.31Charities OScial|Investment||Fund|Accumulation||Designated|||
|Shares|||||||63,131|53,781|
|9,922.22 Charities Oflicial Investment|||Fund||Income Shares|Endowment|205,504||
|1,378.5 Charities Omcial|Investment||Fund Income Shares|||Unrestricted|28,352||
|6,519.15Charities Official Investment|||Fund||Income Shares|Endowment|134,075||
||||||||1,119,550|859,564|
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|13|Financial instruments|||2021|2020|
|---|---|---|---|---|---|
|||||f|f|
||Carrying amount offinancial assets|||||
||Instruments
measured|at fair value through|profit or loss|1,119,550|859,563|
|14|Debtors|||||
|||||2021|2020|
||Amounts
falling due within one year:|||f|f|
||Other debtors|||15,589|10,855|
||Prepayments
and accrued income|||911|1,085|
|||||16,500|11,940|
|15|Loans and overdrafts|||||
|||||2021|2020|
|||||f|f|
||Other loans|||39,375|45,675|
||Payable within one year|||6,300|6,300|
||Payable after one year|||33,075|39,375|
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|Creditors: amounts
fa|lling due within one year|||
|---|---|---|---|
|||2021|2020|
|||f|f|
|Borrowings||6,300|6,300|
|Accruals and deferred|income|13,728|13,187|
|||20,028|19,487|
##
|17|Creditors:|amounts|falling|due|after|more|than|one|year|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021|2020|
|||||||||||f|f|
||Borrowings|||||||||33,075|39,375|
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||||Balance at|Revaluations,|Balance at|Revaluations,|Balance at|
|---|---|---|---|---|---|---|---|
||||1January 2020|gains and losses|1January 2021|gains and losses|g1December|
||||||||2021|
||||f|f|E|f|f|
|Extraordinary|Repair|Fund|157,274|15,392|172,666|30,020|202,686|
|Development|Fund||48,987|4,794|53,781|9,350|63,131|
||||206,261|20,186|226,447|39,370|265,817|
##
|Analysis o|fnet assets between funds|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Endowment|Total|Unrestricted|Designated|Endowment|Total|
|||funds|funds|funds||funds|funds|funds||
|||2021|2021|2021||2020|2020|2020|2020|
|||E|E|E||E|E|6|E|
|Fund balances at31December 2021are||||||||||
|represented|by:|||||||||
|Tangible assets||||1,523,775|1,523,775|||1539,825|1,539,825|
|Investments||168,978|265,817|684,755|1,119550|148,855|226,447|484,261|859,563|
|Current assets/(liabilities)||30,563|||30,563|41,699|||41,699|
|Long term|liabigties|(33,075)|||(33,075)|(39,375)|||(39,375)|
|||166,466|265,817|2,208,530|2,640,813|151,179|226,447|2,024,086|2,401,712|
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|22|Cash generated
from activities|Cash generated
from activities||2021|2020|
|---|---|---|---|---|---|
|||||E|f|
||Surplus for the year|||96,167|14,401|
||Adjustments
for:|||||
||Gain on disposal of|land||(101,032)||
||Movements
in working capital:|||||
||(increase)
in debtors|||(4,560)|(5,750)|
||Increase/(decrease)|in creditors||541|(2,102)|
||Cash generated
from/(absorbed||by) activities|(8,854)|6,549|
||Net cash disposal of|land||117,082||
||Investment
additions|||(344,299)||
||investment
proceeds|||227,216||
||Almshouse
loan repayments|||(6,300)|(6,300)|
||Decrease in cash|||(15,155)|249|