REGISTERED CHARrrY NUMBER: 217941 ol the Truste•s and Unaudited Financial Ststernents fartho Y•ar E 31 rch 2021 Slr John Robinson Hom WrIghtWarLiM Charte knountants & Business Ad¥ise A18xandra Fknise 43 AlexaTh1ra Sl NottsrKJham NotbrvJhamshYe NGS 1AY
ol¥J Robinst)n ents ofthe Fln• for thè Year End¢d 31 March 2021 Pa9• Relernnc• and Admlnl8tratre D•talls Report ofthe Tn1¢•$ 2 to 3 Ind•pend•nt Exann0S R•port Balance Shoot 7 to 12 13
SSr John Robln Ref¢ren¢ and Administratlve Detsi18 Year En h 2021 TRUStEES Mr5PBEFarn THFarr M5CEFFawr pNCIPAL AODRESS man5rj RoJ Daybrc)k Notb"rvJham Notb"rwJhamshire NGS 6BW REGISTERED CHARifY NUMBER 217941 INDEPENOW LYAIIINER Wwjht Vvjar Lirnit•d Charted A¢runta[ts & Business A4r$ AX81Jra Hous8 43 Alexandra St NotbThJh8rn Notbrghamshir¢ NG5 1AY SOUCffORS Pennine Fhxjse Stsnford Street Notb"ngham NG1 78Q P*Je 1
Slr ohn Roblnson Honw5 rt of the Trustees t March 2021 The trustees prèsenl their report with th8 financial statements of ihe chaiity for the year ended 31 March 2021. The trustèes have adopted the prowsion5 of Accounting and ReporfiNJ by Chartbes.. Statem8nt of Recommended Practiee applicable to charities prepariry their accounts in xIrJrdare wih the Fina81 R8W¥ting Slandard applicable in the UK Republi¢ of Ireland IFRS 1021 leffe¢bve 1 JaThJary 2019 OBJECThVES AND ACTNMES The prinripal actmty of the charity is Ihe prSlon of almshousts for peOn5 vh) a a9ed rx infirm but are fully able to Ca for Ihemsefves. PUNIC bMefit The trustees confim7 that they have cOmle wth ts rgquiremen15 of secbon 17 of th8 cha'e5 Act 2011 lo he due regard to the public bertefrt gu18r published by the Charity Cofflmission for England and Waks. ACHIEVEMENTS AND PERFOR141ANCE Thè policy of maintaining the homes and gr¢wnd5 to a high 5taTKl¥d has been o)ntiNed and optKJrtunibes to improve the actomrnodatlL¥I are taken as they •tS8. In the year to 31 March 2021. almshouse property repair expenditure of a Lyclical nature arrnted to £8.126 and the extraordinary repair lund in(#Jr £17.635. Two new boile Were insla118d across the prortY portfolK) together wth one new 8kdricfire. Totsl income in¢aSed by £5.463 to £9J,BS0 due Iwgety to an L¥ease in re$ents contiibutic5 of£12.131. Total resources eypend8d 8mounknJ to £80.624 whth cornpaS £77,495 in 2020 eSenting an increase of £3.129. Property expenditure vra$ generally CsiSteI at £57.238 Crnpared to £59.015. This has reSUed in an excess ol irKxJTh oY&r 8xpendthre 01 £10,225 IhK% yr c4)mpared to £7,892 in 2020. Thg net movÈmeTht in the year is an in funds of £70,103 which wh&Th added to total fijnds brought forward of £3,039,317 leaves e3.108.798 to cary tDfwdrd to the year beginniwJ 1st April 2021. There has been an unrealised gain in the market value of thè investments in the NaI¥al Assouation of Almshouses Common Investment Funds of £59.256. Ihe value of ch arTjnj to £373.913 at the balance sheet date. FINANCIAL REVIEW The trustees consider that the financial posilion otthe Ch• at 31 March 2021 to be salisfacw and confimi that they have adequate assets to meet thelroblvJakn. Policy on rèseryes Mindful of the age of the mshoU5es, both srtes beir9 over 100 years okj, the 12 DaybriM)k ppee$ being Grade 11 listed, it is the poIY of the charity to provwje addiCK)nal investment each in Capital Accumulab"on Shar8$ to meet th8 ie¥ltable high costs of relUlshellt and up9rade. £154.052 12020- £171.2WI was held in DeswJnated Funds relating io maintenance and repairs at 31 March 2021. rhe charrtrfs alrnshouses have been re¢ognised Ihi5 year t"n ts awnts at th•w ValuatK of £2,700,Tr)0. Refledin9 the fact that lh8 almshouses a fundarnental to the chantys operations the trustees have established a designaied fund. lh8 Property Revaluation Fund, lo match the value of the proTty currenljy shown wthin the BalarKe sheet Further it 15 the policy of the charity to rnaintain unrestrKted ftJThts al a level whth provide suffick8nt lunds to cover management. administration aNI SUPF#JI costs. £254.74612020.. £168.f17) was in unrestricted luNJs at 31 Mar¢h 2021. IrNeslm8nl policy and obJ"ectNes The trustees Invest any monies rKt r8qulrè(I lor ts immedk8te purFQ5e ofthe charity and not on dew)sit al the tharitys bankers in secJJritses in whith Trust money may by law be irTr¥ested. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng docum1 The ¢harity is control by its goveming dttumrt a d*J of bust aThJ crmsliiutes 8n unlncorrKJraied tharity. Page 2
Sir John Robi Re torthey rt of the Trvstee5 8rE 2021 STRUCTURE. GOVERIIANCE AND MANAGEMENT Sir John RobiThson, Kr. of Wortsop l/¢nor, built tsvelve almslKKJses * Sher%wJ)d In 1889 and hyefve at Daybr¢)ok in 1899. Th8S8 were erK5owed by him in Deeds dated 24 March 1917 and 2 March 1918 land then a scheme ol the Charity comrn1s5K)ne dated 11 Novenkner 1947, subs8quentty reseabj on 31 M#r¢h 1994) in of hks only son John Sandford Robinson vth) died OTh 21 April 1898. Roeruitment and appointment of trustees New tsiJ$tee$ are reuuited, on recommendalion. for Ir ePnce, empathy. aThJ kedge of the charity and to maintsin the skilb and ¢xjffp)si0n of Ihe 1ru51e8 tody. Trustses have th8 POWW to app)int ntrUSte85 oftlw dwr9. tillrJ or tecomirwJ irtapablè to acL Induction 8TrJ trdining of Injslees The inductiC of new trustees is rarried out by mearts of a d81ai18d briefing at a ftjll mgeling ol the Irustees. Finala1 Instruments ObjectNes aThJ Oici8¥ The Chaiitys aclNrtie5 eypose to a rfflb8f of finaxial rtsks induding credit risK cash Ilow risk and IW4uIty risk. The use of financial instruments is govem&Y by the Charitys pokies approv8d by the board of trustee5. which provide writt8n prinPIeS on the u8e of financral assets to manage thes8 risks. The Charity do8s not Le derivative finarKial irffjtsurnents for yculatsve rp{. Cash kni risk The Charivs actitieS ejwse it wimarity to th8 finanoal risks of tharoes in interesl rales and inflation. The Charity amploys some inveslment assets Ihal a held separatety by ThJepeThJent fund managets. Credit rpsk The Charitys prirKfp81 fin8nrAal as88ts are bank balances cash. other 1Vabl&S aTrJ inStments. Th8 credlt rfsk IKJuid funds and finanoal instruments is because Ih8 cOUnteO"e$ are banks with hh credit-ratings assKJne¢ by intem8tional crt-ratin9 agenu8S. The Charty has no shJnTrlcAnt ct4Kèntratw)n of credit r ¥ffjlh 6Y4Y)9J sprgal over a nurrthr of bank accounts and invastment assets. Liquidty rk In order to maintain liquidty to erffjure that sulftnl fvnds ar8 awailable for ongoir#J operatKJns and fijtur deveioprnents, the Chanty may draw dn on investment ass8ts deèmed appropriate. Furtherdetails regartling liquKIty risk tn L n0 in Stslerrnl ot•xYJnting p(girAes rn Ihe ffirwioal ststem8nt5. Approved by order of the board of Iruslees on.. 23..IL)31.I.Q>.... and syned on its behaff by". Mrs P B E Farr- Trusle8 Pa9e 3
nd•nt minerfs Re ort to the T tees of Sir John Robinson Homes Indepenthnt examlnees report to th• trustees of SirJohn Robinson Homo8 l port to th8 charity trustees on my ey2mination of the accounts of Sir John RObn Homes Ith8 Twstl for the year 8nded 31 March 2021. Re$ponslblllt50s and basls ol rnport As ltr charity tN5tees of the Trust you a fLY the prep8r8tion of the a¢nts in ar£Ordar the requirements of Iha Charrliès 2011 Ilhe kri. I report in resp8Ct of my exarninalK)n of Ihe Tnjsfs accounts Carried oui under SectK)n 145 of th8 Act ar in carrying out my examirbation I have followed all apPlbIts Directions gNen by th8 Charity Commissm vnder Section 1451SXbl of Independent •xaminerfs Statement I have completed my examination. l LY)nfimi thal malwial matt815 ha¥t to my attention in o)nTrection wrth th• examinatw)n giwry ru5e to bo1 that in any matwial r8specL accounting r8eords were nol kept in resped of Ihe Trust as wuired by S8(kn 130 01 the Act. or the accourts do not acoyd th those records". or the aLrounts do not comply th the appl6cable rEquIrnents conc8rning the fomi and ntent of accounts set out in the Chants"es (AntS and ReF$) Re9tm)s 2tY)8 other than any requirement that the accUnts give a true ané fair view 1$ not a matter conSided a$ of an irvjependent ex2mination. I have Tra eoncems and have ¢xJm9 acx05s other malter5 in ¢xJnnedth Wrth the examinalion to attent)n shrwld dravm in thLs reprmt in order to 8nable a p1 under3landiwwJ ofthe a¢xounts to be reached. Steven Newman LL8 8FP FCA The Inslrtute of Charter1 A[rtants irb EnglaThJ a1 W8195 Wright Vigar Limited Chartered Accourtsnts & P4Jsiness Ath8ers Alexandra House 43 &M8ndra St Notbngham Notbnghamshi NGS 1AY 23 March 2026 Dale.. P•Je 4
Sir John Robin Statement of Financial A¢tivitle$ he Year End h 2021 2020 Total lund5 Unrestr•c Restrlded nd Total lunds INCOME ANO ENOOWMENfs FROM Charrtable activities Charitable activities 76.249 76249 64.118 Investment incryne 14.6LX) 14.6Ch) 21.269 Totol 9J.849 J,849 85,387 EXPENDMJRE ON Charitable ocli¥iti¢¥ Charilable actiwes .624 80,624 77,495 Nètgainslliossesl on inv8Strnents 59.256 59.256 166,6081 NET INCOIIEIIEXPENDITURE) 69.481 69.481 158.7161 RECONCILIATION OF FUNDS Total funds brought forward 3,039.317 3,039.317 3.098.033 TOTAL FUNDS CARRIED FORWARD 3.108,798 3.108,798 3,039.317
Slr hn RobSn50n B•lan¢e Sheet 1 March 2021 2021 2020 FIXED ASS8 TangiIIg assets InvestrTrents 2.700,C 373,913 2.700.0(KI 306,044 3.073.913 3.006.044 CURRENT ASSErs Debtors Cash at bank in hand 891 41.884 1.513 33,720 42.775 35,233 CREDITORS Amounts falling duè %wthin one (7.8Y)I 11.960) NET CURRENT ASSErs 34.885 33,273 TOTAL ASSETS LESS CURREIIT UABILITES 3.108.798 3,039,317 NET ASSErs 3.108,798 3.039.317 FUNDS UTrr85tricted lunds 10 3,108,798 3.039.317 TOTAL FUNDS 3,108.798 3,039.317 The finanu late ents Ere approveLI by th8 Boawd of TnJstee8 aThJ for issue on and sned on its bBhalF by.. plknp.wr P B E Farr- Truslee The notss IDrnI part oftw finala1 statements
r John Roblnson
Notss to th¢ Flnanclal Statements
r Ended 31 March 20
ACC(XJNnNG POLICIES
Basi5 of preparin9 the financiaT statements
The f nancial statements of the charity, vthich i5 a pu1¢ benefft entity under FRS 102. have b8en prepared in
accordance 1th the Chawrbes SORP {FRS 1021 'Attountiro and Rogorb"ThJ by Charities.. Staternenl of
Recommended Practice applicable to cforities prep8riThJ their a(xounts in 8rLordance the Financial
Repokb"ng Standard applbcable in the UK and Republic of IrgLand IFRS 1021 leffectwe 1 January 20191,,
Financial Reporting Stsndard 102 'Finanu81 Rerxjrting Standarrj applicatle in the UK and RepublK rjf Ireland.
and the Charities Acl 2011. Th8 finanual staternenis have been Fwred urKlw the hi¥torical (J)st o)nventK)n.
th the exception of inve5tsnents vthich are includ8d at martet value.
Incom•
l incorn8 is recognised in the Stat8rnent of Finan¢ial Actmtyes once the charity has enmeThI to the funds, it
is probab that Kome will be rec8Ned arKI amounl can be measuiwj reliably.
Income and endorynents
Voluntary income including donaticrt5. fts. legacies and grants that provide Cre funding or are of a general
nabJ is wognised when the Charty has entillemenl to th8 IrKome. il B probabb ih8t the income will be
re1Ve and the arrount can measud wth suffi&enl reliability.
Donatlonts and le9a¢les
Donalion5 and lega¢s are recognised on a rlable basis recaipt 15 probaNe and the arnount can be
reliably m8asur8d.
Inv•$tment Incorn•
Investment income from the Charitys pcthkj reDwiséd on a recei¥able5 b5 a5 reported by
the tund managers
ExpendTture
Lk2bilities ar8 reixgni5ed as eXpendire as scon as Ihere is a legal or wnstruct ObligatTr cornmitting the
charty to that exp8ll<Jitu. it is probable that a transfvr of econom beneffts wll be required in settlement and
the amount of the obligation be measured reliably. Expenditure is accounted lor on an accnjals basis and
has teèn dassified uThJer headings that aggregate all rAtsI related io the category. Where costs cannot be
directly attributed to particul8r headings they have alkncated lo on a basis con515tent wilh the use
of r•sour.
Charltable activitie5
Chantable expenditure rKrnpri585 ItK)se cthts incwred by the Charity in the delivery of ts aLMtE5 aThJ seN¢es
for its beneficiari8s. It includes both wsts that ran be alknabj direcyy to $uth a¢Arwts and those costs of an
indirect nature necessary to support Ihem.
Support Costs
Support costs include central funcbons and have been allocatsd to xlivty cx)5t categories a basis ¢onsi5teni
th the use of resources. for examrAe, alk
Sir John Roblnson H Notes to the Financial Statements- ¢ontJnued for the Year End 31 March 2021 ACCOUNTING POLICIES- contlnuqd Fund a¢¢ountlng Restricted fuThJs only bg used for parb(JJlar restri(thl purpM)ses wEthin Ihe obj of tho charity. RestrictTrJns arise whan sFeryfied by the doTrJr orfien funds are r8i58d for p8rtioJbr restricted PU$$. Further eatTr ofth8 nature and purrw of each lurn1 is ThlLthI in Ihe [1#9 to the financial Statements. Going concern The trustees (yJn5Kler that thwe are no material nrtaInbe$ abrrtrt th8 Charity abdty tt) rytinue as a goiThJ ConM. Cash and ¢a8h oqulvalonts Cash and cash equivalents comprise cash on ha1 and call derts. and otsr short-tom Ib]Uh inve5trnents that a readily convèrtible to a knrA¥n Unt of cash and are Subjeet an insignificani risk of change in value. INvESThIEl INCOME 2021 2020 Rents r8ceiv8d Income Irom listed investments Interest recewable 6.000 15,185 84 14.5B2 18 14.61 21.269 TRUSTEES. REMUNERATrON AND BEMEHTS Th8re w8re no trustees, remunwa LV other bengffts fr1h8 y8araThJed 31 March 2021 nor for the year ended 31 March 2020. TrL*t¢M' ¢xpens•5 There were trustee5' expenses pwd for th8 yEar eThJed 31 March 2021 Mjr lor the y88r gnded 31 March 2020. COMPARATIVES FOR THE STATEM OF FINANCIAL ACTlVtllES Unr•strl¢ted Restrleted funds fund Totsl nds INCOME AND ENfKMMEPS FROII Charltable activities Chartiable activrtries 64.118 64,118 Investment Incorne 21,269 21,269 Totsl 85,387 85.387 EXPENDITURE ON Charitable a¢tivltl Charitsble activitias 71.735 5.7f4J 77.495 Net gainslllossesl on investswts 166,608 166.6081 NET INCOMEIIEXPENDrruRE) 152,956) {5.7601 158.7161 RECONCIUATION OF FUNDS Totsl ndS brtst loThYar 3.092.273 5.760 3.098.033 TOTAL FUNDS CARRIED FORWARD 3.039.317 3.039.317 Pa98 8 eontinued...
r John Roblnson Not•s to the Flnancial Statements- conllnu he Year Ended TANGIBLE FIXED ASSErs Fre•hobd property COST At 1 April 2020 8nd 31 Marth 2021 2,7.000 BOOK VALUE At 31 Marth 2021 2.71X).000 At 31 Mèrch 2020 2.7(K),o Th8 Fr8ehold land and buildings malued by the TTUSt888 as at 30 March 2018 based upon open market valuaticx) undertaken by Ikn5rs Frneman & Mitchell, Chartered Surveyors dated 28 June 2016. The TYustee8 thj rKJt bdEve that the market YJlue h85 ch8ng8d Materia slnce 2016. The Charits FI881ld property was originty con5truded p 19LK> by Sir John Robins. The charity d¢xs not hold any record5 from vknich the histon"c ¢t be determin. and a¢cordtrvJly, M disclosure of such ran be rnJe. FIXED ASSET IMVESThIEKrs Usted Int4estments MARK VALUE At 1 April 2020 Adon$ Revaluatbjns .044 8.613 59,256 At 31 Mah 2021 373,913 NEf BOOK VALUE At 31 Marth 2021 373.913 At 31 Marth 2020 Ct orvaluatK)n at 31 Marth 2021 is rgwesent6d by. Listed Investments Valuation in 2020 Valuation in 2021 67.869 373.913 The ¢t of Ihg listed inv•strnents at 31 IAarth 2021 £250.13112020- £241.5181. P*Je 9 (Trtinued...
Slr J<thn Roblnson Horne5 Notes to th¢ Flnancial Statents- continued for the Year En d 31 March 202 DEBTORS: Amouiifs FALLING OUE WtrHIN ONE YEAR 2021 2020 PrepayTMnts 891 1.513 CREDITORS: AMoiTr¥fs FALUNG DUE I1 ONE YEAR 2021 2020 Other creditry8 7,89) 1.960 ANALYSIS OF NET AssEfs BETWEEN FUNDS 2021 Total 2020 Total funds Unrestrlthd Restrl¢ted fvnd$ fund Fixed assets Inve5tsllents Current assets Current liabilitie8 2.7LK).(XKI 373.913 42.775 {7,8} 2.7.0() 373.913 42.775 I7,8) 2.700,(K)o 306.044 35,233 11.9601 3.108.798 3,108.798 3,039.317 10. MOVEMENT IN FUNDS Net movement in funds At 31.321 At1A20 Unrèstricted fund$ General fund Property revaluatioTr lund Cyclical rna1ntenae hJrKI Extraordinary pair fijnd 168.117 2.700,000 63,798 107.402 86.629 254.748 2,700.000 55.672 98,380 18,1261 19,0221 3.039.317 69,481 3,108,798 TOTAL FUNOS 3.039,317 69.481 3,108.798 Net m0ment in lunds. Indjed the aiwfft we 85 fdbyAE: In¢omlng rnsources Resourc•s expended Galns and losses Movement in fund8 Unrestrlcted funds Gen8ral fvnd Cydical Maintenarr fvnd Extraordinary pair fu 154,8631 {8,1261 117.6351 59256 86,629 18.1261 19.0221 8.613 ).849 180.624) 59,256 69.481 TOTAL FUND5 9).849 180.624) $9,256 69,481 P10 nl'nued...
Slr John Mot•s to the Flnancial StatemÈnts- continued for the Year 10. MOVEMENT IN FUNDS- continued Comparati¥es for mo¥ern•nt fvnth rnov•merrt lrt funds At 31J.20 At 1.4.19 Unrestrfcted funds General fund Property r8valuatffi fund Cyclical maintenance fund Exlraordbnary repair fund 176.343 2.700.(M)O 67.696 148.234 18.2261 168,117 2,700.000 63.798 107.402 13.B981 (40.8321 3.092273 (52.9561 3.039.317 R•$trl¢tsd funds Restrided fund 5.760 15,760} TOTAL FUNDS 3,098,033 158.716} 3,039.317 Incomlng f*sources Resour% Galns athd Movement expended losses In funds Unrestrftted funds General fund CydiGg1 maintenance fund Exlraordinary r8pair fuThl 76.171 158.5591 13.8981 (9,27BI 125.8381 18,2261 13.898) 140,832) 9.216 140,7701 85,387 (T1.7351 {66,6081 52.9561 R•strl¢ted funds Restried fvnd 15.760) 15,7601 TOTAL FUNDS 85,387 (77.495) 166.6081 {58.7161 A currenl year 12 Wrm)rrt aThJ pri year 12 mcx)Ihs comtyned PKss6trffi is as folbAG.' movement In funds At 31.3.21 At1A.19 Unrestrlcted fund5 General lund Prop8fty valatiOn lund Cydical maintenarKe fund Extraordinary paIr1und 176,343 2.7.C) 67,69S 148.234 78,403 254.746 2.700.000 55,672 98,380 112.0241 149,8541 3.092.273 16.525 3,108.798 Rostrlttsd lunds 5.760 15.7601 TOTAL FUNDS 3.098.033 10.765 3.108,798 Page 11 ontinued...
hn Robln50n Not•$ to the Financial Statements- contin 10. IOVEMENT IN FUNDS- eontlnued A eurrent year 12 and year 12 K)nthS eomts"n&l net nxwem8nt in funds. induded in the 8t 8r8 as fdlows.. Incomlno ROurC•S G•ln$ and MovemBnt In funds Unrestrlcted funds General furt Cydlcal maintenarA furb EthL¥dinary paIr1nd 158.407 1113.422) 112,024 126.9131 33,418 78.403 112.0241 149.8541 17,829 140,7701 176236 1152.3591 17.3521 16.525 Reslrlct8¢1 funds Restnrthl fund {5.7601 15.7601 TOTAL FUNDS 176236 1158.1191 (7,3521 10.765 The speerfic Wr>se5 lor the furKts are to be applied ar6 as folkThs.' The Extraordinary rgpair luThJ has been set aside out of unrestricted fvryJ5 for the speafic purpose of providing the extraordinary repair. improvement or bUlkJing of Ihe 8lrnshouses and any other propety belor#JiryJ to the Charity. The C11 Maintenare fvnd has be8n Set asle out of unr8slricted funds lor Ihe spacffic WTPOSg of funding cydical repalrs to the almshouses and arty other propety tekngiNJ to Ihe charity. Tha Proparty revaluation fund has t&n ¢wted U[ the revdjal¥)n ol Ihe charivs freehokl iwKI and buikliros. aThJ flects the long term ho+dirwJ of these assets. 11. RELATED PARTY DISCLOSURES The were IK) relatsd paitytrartsa¢kn forlho ytar ended 31 March 2Wd1. Page 12
Ir John Robinson Detailed Staiement of Financial A¢tlv' arEn h 2021 2021 2020 INCOME AND ENDOWIIEKrs Investment income Rents rec8N8d Income from listed Investments Inl8resl receIvae 6.OOD 15,185 84 14.582 18 14.6C 21.269 Charltsble activltl•s Olher charitable income 76.249 64.118 Total Incorning resources .849 85,387 EXPENDITURE Chatable adl¥lti85 Rates and water lrtsurance- properb85 LwJht and heat Telep)ne Lrfeling sch8m8 Garden maintenènce Property r&pair5 and newaL8 11.603 2.674 2,017 575 2.014 9,232 2,580 3,340 120 2,495 3,036 38.212 35.475 57.238 59.015 Support ¢o¥ts Office Èxpense5 SubscriptK)ns Christrna5 grfls Secr8tary's fees Postage al statk)rery Examiner's lee InSUran- charty 2,770 263 1,011 348 1.253 14.0 277 1,260 331 14.OtXI 6.0 353 23.386 18,480 Totsl resCwrC exFeThJed 80.824 77,495 Ngt incom• 10.225 7,892 This page does nol fc*m part ofth8 StabJtrJy fval statements Pdge 13