2021-12-31-accounts

				Unrestricted	Restricted	Endowment	Total	Tote/
				funds	funds	funds	funds	funds
			Note	2021 6	2021 f	2021 6	2021 6	2020f
Income from:
Donations				3,572	2,943		6,515	2,556
Charitable activities			4	1,415,255			1,415,255	1,395,376
Investments			5	1,073,015			1,073,015	871,108
Other income			6	89,509			69,509	f15,218
Total income				2,581,351	2,943		2,584,294	2,384,348
Expenditure on:
Raising funds:
Investment
manageVs fees						60,154	60,154	55,380
Estate expenditure				214,823			214,823	231,007
Charitable activities				2,371,961	890	10,692	2,383,343	2,069,526
Total expenditure				2,586,784	690	70,846	2,658,320	2,355,913
Net
(expenditure)/income
before net
gains/(losses) investments	on			(5,433)	2,253	(70,846)	(74,026)	28.435
Net gains/(losses) investments		on				5,183,905	5,163,905	(349,085)
Net movement	in
funds				(5,433)	2,253	5,093,059	5,089,879	(320,650)
Reconciliation	of
funds:
Total funds brought
forward				4,977,809	3,320	41,876,124	46,857,253	47,177,903
Net movement	in funds			(5,433)	2,253	5,093,059	5,089,879	(320,650)
Total funds carried
forward			22	4,972,376	5,573	46,969,183	51,947,132	46,857,253

			BALANCE	BALANCE	SHEET	SHEET
			ASAT31	DECEISBER 2021
							2021			2020
			Note				6
Fixed assets
Tangible assets			15				9,104,769			6,020,389
Listed inveslments			16				11,715,642			10,613,398
Investment property			17				35,532,041			31,526.797
							56,$52,452			48, 'I80,582
Current assets
Debtors			18		208,276			206,	741
Cash at bank and	in hand				861,768			'I,476,842
					1,070,044			1,583,583
Creditors: amounts	falling due	within one
year			19		($,127,670)			(590,812)
Net current (liabilities)lassets							(2,057,628)			1,092771
Total assets less	current liabilities						54,294,826			49,253,353
Creditors: amounts than one year	falling dus	afier more	20				(2,$47,694)			(2 396,100)
Total net assets							51,947,132			48,857.253
Charity funds
Endowment funds			22				46,969,183			41,876,124
Restricted funds			22				5,573			3,320
Unrestricted funds			22				4,972,376			4,977,809
Total funds							51,947.132			46,857,253
The financial	statements	were	approved	and	authorised		for issue	by	the	Trustees on
			12October 2022			and signed on their behalf by:

	STATEMENT OF CASH FLOWS	STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31DECEMBER			2021
			Note	2021 6	2020f
Cash flows from operating activities
Net cash (used in) operating activities			24	(999,052)	(683,431)
Cash flows from investing activities
Dividends, interests and rents from investments				1,069,540	871,198
Purchase oftangible fixed assets				(2,921,715)	(1,897,123)
Proceeds from sale of investments				1,786,449	2,716,279
Purchase ofinvestments				(1,828,038)	(2,043,085)
Additions to investment properties				(8,247)
Proceeds on disposal ofinvestment properties				3,003	1,463,800
Movements in investment cash				104,148	(267,443)
Net cash (used in)/provided by investing		activities		(1,795,760)	843,626
Cash flows from financing activities
Cash inflows from new borrowing				2,200,000
interest on loan				(20,262)
Net cash provided by financing activities				2,179,738
Change In cash and cash equivalents	in	the year		(615,074)	160,195
Cash and cash equivalents at the beginning		ofthe year		1,476,842	1,316,647
Cash and cash equivalents atthe end of		the year	25	861,760	1,476,842
The notes on pages 26to48form part	ofthese financial statements

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			5	6	5
	Rents receivable		769,267	769,267	6'I1,368
	Other estate income		14,135	14,135	5,215
	Dividends from UK investments		197,055	197,055	172,147
	Dividends from overseas investments		92.425	92,425	80,889
	Interest receivable		133	133	'l,579
	Total2021		1,073,015	1,073,015	871,108
	Total 2020		871,'l98	871,198
6.	Other incoming	resources
			Unrestricted	Total	Total
			funds	funds	funds
			2021 6	2021 6	2020f
	HMRC Job Retention Scheme		6,592	6.592	55,745
	Leicester City Coundl grants		82,917	82,917	59,472
	Total 2021		89,509	89,509	115,218
	Total 2020		115,218	115,2'l8

		Ilnrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
		6	8	8
Repairs		46,110	46,110	32,838
Agent's commission		263	263	71,174
Legal and professional fees		136,065	136,065	90,875
Insurance		18,392	18,392	18,598
Rates		11,293	11,293	15,428
Quincentenary	costs	2,700	2,700	2,500
Total 2021		214,823	214,823	23'l,007
Total 2020		231,007	231,007

			Grants to	Total	Total
			Institutions	funds	funds
			2021	2021	2020
			6	8
Grants	for the Relief	ofNeedy Poor	25,000	25,000	40,040
Grants,	Wyggeston	School Foundation	10,000	10,000	50.000
			35,000	35,000	50,040

Governance costs
	2021	2020
	6	5
Wages and salaries	10,338	13.438
National insurance	672	873
Pension costs	393	511
Audit and accountancy fees	15,048	14,174
Non-audit fees	2,472	4,045
Postage and stationery	3,364	3,354
Estate visit	2,217
Sundry	233	337
	34.737	3E743

preparation Staff costs	and other services fees	off10,300(2020-f8,275).
			2021	2020
			8
Wages and	salaries		1,096,100	1,094,325
Social security costs			80,164	82,039
Contribution	to defined contribution	pension schemes	35,747	40,435
			1,212,011	1,216,799

			2021	2020
			No.	No.
Full	time	employees	9	7
Part	time	employees	48	53
			57	60

		Total	Total
		funds	funds
		2021f	2020f
Staff costs		1,212,011	1,216,799
Depreciation		171,653	176,270
Other staff costs		13,353	18,420
Repairs, replacements	and maintenance	446,160	202,401
Heating, electricity and	cleaning	143,927	141,991
Rates and Insurance		60,727	62,353
Food and drink		55,218	54,086
Telephone		5,387	4,677
Printing, postage and stationery		25,531	28,986
Residents' entertainment		9,780	9,032
Travelling expenses		15,510	8,109
Subscriptions		15,154	11,894
Sundry expenses		38,577	22,988
Legal and professional	fees	83,676	31,114
Audit and accountancy	fees	25,080	23,619
Non-audit fees		4,120	6,747
Estate visit		2,217
Loan Interest		20,262
Total		2,348,343	2,019,486

					Total	Total
		Staff costs	Depreciation	Other costs	funds	funds
		2021 f	2021 8	2021 8	2021 6	2020
Hospital		1,200,608	171,653	941,345	2,313,606	1,982,743
Relief ofneedy poor				25,000	25,000	40,040
Wyggeston	School Foundation			10,000	10,000	10,000
Governance		11,403		23,334	34,737	36,743
Total2021		1,212,011	171,653	999,679	2,383,343	2,069,526
Total 2020		'l,2'l6,799	176,270	676457	2,069,526

		Activities	Grant
		undertaken	funding of	Total	Total
		directly	activities	funds	funds
		2021	2021	2021	2020
		6	8		6
Hospital		2,313,606		2,313,60$	1,982,743
Relief ofneedy poor			25,000	25,000	40,040
Wyggeston	School Foundation		10,000	10,000	10,000
Governance		34,737		34,737	36,743
Total 2021		2,348,343	35,000	2,383,343	2,069,526
Total 2020		2,019,486	50,040	2,069,526

Analysis ofgran	ts (continued)
		2021	2020
Name ofinstitution
Wyggeston School Foundation		10,000	10,000
Leicester Charity	Link	25,000	25.000
Bridge project			15,000
Other charitable	grants		40
		35,006	50,040

		Unrestricted	Restricted	Endowment	Total	Total
		funds	funds	funds	funds	funds
		2021	2021	2021	2021	2020
		8		8	8
Hospital		2,302,224	690	10,692	2,313,806	1,982,743
Relief ofneedy poor		25,000			25,000	40,040
Wyggeston	School Foundation	10,000			10,000	10,000
Governance		34,737			34,737	36,743
Tots I2021		2,371,961	690	10,692	2,383,343	2.069,526
Total 2020		2,058,334	500	10,692	2,069,526

2021	2020
No.	No.

an em	plo	ym	ent with the Charity.	The value ofTrustees' remunerati	on and oth	er benefits was a	s follows:
						2021	2020
						6
Rev'd	A	R	Leighton	Remuneration		31,048	30,108
				Pension contributions	paid	2,835	2,752
				Other benefits		2,000	2,000

			Assets
	Freehold	Fixtures and	under
	property 6	fittings 6	construction 6	Total
Cost
At 1 January 2021	4,656,349	3,028,669	2,102,208	9,781,226
Additions	135,495	81,726	3,038,812	3,256,033
At 31 December 2021	4,785,844	3,110,395	5,141,020	13,037,259
Depreciation
At 1 January 2021	1,539,883	2,220,954		3,760,837
Charge for the year	47,495	124,158		171,653
At 31 December 2021	1,587,378	2,345,112		3.032,400
Net book value
At 31 December 2021	3,198,466	765,283	5,141,020	9,104,769
At 31December 2020	3,110466	807,715	2102208	5020,389

Fixed asset		investments
			Listed
			investments
			6
Valuation
At 1 January		2021	10,613.396
Additions			1,828,938
Movements	in cash held with brokers		(104,148)
Disposals			(1,786W9)
Net gains on		investments	1,163,905
At 31 December 2021			11,715,642

Creditors: Amounts falling due within one year
	2021 K	2020 f
Otherloans	2,200,000
Trade creditors	160,293	266,644
Other taxation and social security	67,301	1'/, 050
MOTO lease premium	48,406	48,900
Other creditors	8,585	37,681
Accruals	518,340	f31,829
Deferred income	124,745	75,708
	3,127,670	590,6f2

					2021	2020
					6
MOTO lease premium					2,347,694	2,396,100
Income will be released		as follows:
					2021 6	2020f
Within one year					46,406	48,900
One to two years					47,912	48,406
Two to nve years					'I40,773	142,255
More than five years					2,159,009	2,205,439
					2,396,100	2,445,000
Financial instruments	measured		atfair value
					2021 6	2020 f
Financial assets
Financial assets measured		at fair	value through	income and expenditure	11,715,642	10,613,396

Statement offunds	- current year
						Balance at
						31
	Balance at 1			Transfers	Gains/	December
	January 2021f	Income f	Expenditure f	In/outf	(Losses)f	2021f
Unrestricted
funds
Designated funds
Agnes House	552,430			(552,430)
Conservatory	94,560			(94,580)
Extraordinary Repair Fund	1,300,276		(14,505)	(997,607)		288,164
Cyclical Maintenance Fund	499,215		(18,565)	153.085		633,735
Pension Fund	100,000			(35,000)		65,000
	2,546,481		(33,070)	(1,526,512)		986,899
General funds
General Funds	2,431,328	2,581,351	(2,55S,714)	1,526,512		3,985477
Total Unrestricted
funds	4,977,809	2,581,351	(2,586,784)			4,972,376
Endowmentfunds
Permanent
Endowment	41,876,124		(70,848)		5,163,905	46,969,183
Restricted funds
Legacies- Social Activities	3,320	2,443	(190)			5,573
Founders Day		500	(500)
Total Restricted
funds	3,320	2,943	(890)			5,573
Total offunds	46,857,253	2,584,2$4	(2,658,320)		5,163,905	51,947,132

Statement offunds	- prior year
						Ba/ance at
	Balance at					31
	1January			Transfers		December
	2020f	Income	Expenditure	infoui E	Gainsf	2020 8
Designated
funds
Agnes House	579,563		(27,133)			552,430
Conservatory	99,537		(4,977)			94,560
Extraordinary
Repair Fund	1,200,276			100,000		1,300,276
Cyclical
Maintenance
Fund	500,123		(75,908)	75,000		499,215
Pension Fund	100,000					100,000
	2,479,499		(108,018)	175,000		2,546,481
General funds
General Funds	3,815,133	2,383,848	(2,181,323)	(1,586,330)		2,431,328
Total
Unrestricted
funds	6,294,632	2,383,848	(2,289,341)	(1,411,330)		4,977,809
Endowment
funds
Permanent
Endowment	40,879,951		(66,072)	1,411,330	(349,085)	41.876,124
Restricted
funds
Legacies- Social
Activities	3,320					3,320
Founders Day		500	(500)
Total Restricted
funds	3,320	500	(500)			3,320
Total offunds	47,177,903	2,384,348	(2,355,913)		(349,085)	46,857,253

Analysis ofnet assets between funds Analysis ofnet assets between funds -	current year
	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	funds
	2021 8	2021	2021	2021f
Tangible fixed assets	8,782,140		322,629	9,104,769
Fixed asset investments			11,715,642	11,715,642
Investment property	2,729,113		32,802,928	35,532,041
Current assets	(1,063,513)	5,573	2,127,984	1,070,044
Creditors due within one year	(3,127,670)			(3,127,670)
Creditors due in more than one year	(2,347,694)			(2,347,694)
Total	4,972,376	5,573	46,969,183	51,947,132

Analysis ofnet assets between funds -	prior year
	Unrestricted	Restricted	Endowment	Tote)
	funds	funds	funds	funds
	2020	2020 f	2020 8	2020f
Tangible fixed assets	5,687,0S8		333,321	6,020,389
Fixed asset investments			10,513,396	10,613,396
Investment properly	2,729,113		28,797,684	31,526,797
Current assets	(451,460)	3,320	2,131,723	1,683,583
Creditors due within one year	(590,812)			(590,812)
Creditors due in more than one year	(2,396,100)			(2,396,100)
Total	4,977,809	3,320	41,876,124	46,857,253

Reconciliation ofn	et mo	veme	nt	in fun	ds to	net	cash flow	from operating	activities
									2021 8	2020f
Net income/expenditure		for the		year	(as	per	Statement	of Financial
ActiviTies)									5,089,879	(320,650)
Adjustments for:
Depreciation charges									171,653	176,270
Net (gains)/losses on investment				assets					(5,163,905)	349,085
Dividends, interests	and rents from investments								(1,069,540)	(871,198)
Interest on loan									20,262
(Increase) in debtors									(1,535)	(5,085)
Increase/(decrease)	in creditors								3,034	(11,853)
Release oflease premium									(48,909)
Net cash (used in) operating			activities						(919,052)	(68343tj

				2021 8	2020f
Provision at 1 January				15,480	18,550
Unwinding ofthe discount factor				37	189
Deficit contributions paid				(3,641)	(3,535)
Re-measurements -impact ofany	changes	in assumptions		(40)	285
Remeasurements -amendments	to the contribution		schedule	(8,233)
Provision at 31December				3,603	15,480

At 31 December 2021 the Charity had commitments to make fu cancellable operating leases as follows:	ture minimum lease payments u	nder non-
	2021	2020
Not later than 1 year	4,376
Later than I year and not later than 5years	16,905
Later than 5years	7,529
	28,810

										2021f	2020f
Later	than	1	year	and	not	later	than	5	years	169,566	113,044
Later	than	1	year	and	not	later	than	5	years	678,264	678,254
Later	than	5	years							15,812,030	15,995,725
										16,659,860	15,787,034