2021-07-31-accounts - Lutterworth Town Estate

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		STATEMENT OF FINANCIAL ACTIVITIES	STATEMENT OF FINANCIAL ACTIVITIES	STATEMENT OF FINANCIAL ACTIVITIES	STATEMENT OF FINANCIAL ACTIVITIES
	FOR THK YEARIAUGUST			2020 TO31JULY 2021
					2021		2020
				Restricted Unrestricted
			Note	Fund	Fund	Total	Total
INCOMING RESOURCES
Grants received				155,750		155,750
Property income					62,962	62,962	57,441
Market income					2,890	2,890	2,445
Investment income					269	269	3,367
Total Incoming Resources				155,750	66,121	221,871	63,253
RESOURCES EXPENDED
Cost ofgenerating funds
Property expenses					12,625	12,625	31,785
Market expenses					1,769	1,769	1,689
					14,394	14,394	33,474
Charitable expenditure
Costs ofactivities in furtherance		of
charitable objectives				3,000	12,141	15,141	12,757
Management and administration					10,402	10,402	8,999
			7	3,000	22,543	25,543	21,756
Total Resources Expended				3,000	36,937	39,937	55,230
Net incoming resources	for	the year		152,750	29,184	181,934	8,023
Net gains on investment assets -		realised					206,737
Net gains on invesnnent assets -		unrealised					238,715
Net movement in funds				152,750	29,184	181,934	453,475
Accumulated Funds brought	forward at I August 2020		4		1,959,876	1,959,876	1,506,401
Accumulated Fund carried forward at 31July 2021			4	152,750	1,989,060	2,141,810	1,959,S76

			BALANCK SHEET
			ASAT 31JULY2021
			2021		2020
			Note
FIXEDASSETS
Investments			1,888,617		1,099,538
Tangible assets			450		550
			1,889,067		1,100,088
CURRENT	ASSKTS
Debtors			26,958	3,937
Cash at bank	and in hand		358,341	868,181
			385,299		872,118
CURRENT	LIABILITIES
Trade Creditors			20,256
Other creditors &provisions			112,300	12,330
			(132,556)		(12,330)
NET ASSETS			2,141,810		1,959,876
ACCUMULATED		FUNDS
Unrestricted	funds		1,989,060		1,959,876
Restriced funds			152,750
			2,141,810		1,959,876
The accounts	were approved		by the Board ofTrustees on 10January 2022 and signed on	its behalf by:
			~Q-I QO~
Mrs CHarrington
Treasurer

At I August 2020	1,099,538
Additions	789,079
	1,888,617

			2021	2020
Grants - Institutions			141		757
Grants - restricted			3,000
Town hall donations		upcoming year	12,000	12,000
Bookkeeping and Offic telephone	administration and internet		4,097 677	4,291 749
Office administration		expenses	804		310
Sundry expenses			15		216
Office rates and water			297		238
Office insurance			240		240
Office heat and light			1,000		735
Office repairs			377
Professional fees			2,025	1,140
Accountancy			870	1,080
			25,543	21,756

FOR THK YEA	R ENDED 31	JULY 2021
		2021		2020
INCOME
Grants - restricted	155,750
Property	62,962		57,441
Market	2,890		2,445
Bank interest	269		3,367
		221,871		63,253
EXPENDITURE
General	10,402		8,999
Property	12,625		31,785
Market	1,769		1,689
		(24,796)		(42,473)
		197,075		20,780
GRANTS PAID
Institutions	141		757
Restricted	3,000
		(3,141)		(757)
TOWN HALL GRANT
Per note 5	12,000		12,000
		(12,000)		(12,000)
NET GAINS ON INVESTMENT ASSETS
Realised			206,737
Unrealised			238,715
				445,452
		(15,141)		432,695
SURPLUS OF INCOME FORTHE YEAR		181,934		453,475