REGISTERED CHARrrY NUMBER: 217941 ol the Truste•s and Unaudited Financial Ststernents fartho Y•ar E 31 rch 2021 Slr John Robinson Hom WrIghtW￿arLiM 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 Tn￿1¢•$ 2 to 3 Ind•pend•nt Exan￿n0￿S R•port Balance Shoot 7 to 12 13 SSr John Robln Ref¢ren¢* and Administratlve Detsi18 Year En h 2021 TRUStEES Mr5PBEFarn THFarr M5CEFFawr p￿NCIPAL AODRESS man5r￿j Ro*J Daybrc*)k Notb"rvJham Notb"rwJhamshire NGS 6BW REGISTERED CHARifY NUMBER 217941 INDEPENOW LYAIIINER Wwjht Vvjar Lirnit•d Charte￿d A¢r￿unta[ts & Business A4￿*r$ A￿X81￿Jra 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 xIrJrdar￿e wih the Fina￿￿81 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 pr￿Slon of almshousts for pe￿On5 vh) a￿ a9ed rx infirm but are fully able to Ca￿ for Ihemsefves. PUNIC bMefit The trustees confim7 that they have cOm￿le￿ wth ts rgquiremen15 of secbon 17 of th8 cha￿￿'e5 Act 2011 lo he￿ due regard to the public bertefrt gu￿18r￿ 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 arr￿nted to £8.126 and the extraordinary repair lund in(#Jr￿ £17.635. Two new boile￿ Were insla118d across the pro￿rtY portfolK) together wth one new 8kdricfire. Totsl income in¢￿aSed by £5.463 to £9J,BS0 due Iwgety to an ￿L¥ease in re$￿ents contiibutic￿5 of£12.131. Total resources eypend8d 8mounknJ to £80.624 whth cornpa￿S £77,495 in 2020 ￿￿￿eSenting an increase of £3.129. Property expenditure vra$ generally C￿siSte￿I at £57.238 C￿rnpared to £59.015. This has reSU￿ed in an excess ol irKxJTh oY&r 8xpendthre 01 £10,225 IhK% y￿r c4)mpared to £7,892 in 2020. Thg net movÈmeTht in the year is an in funds of £70,103 w*hich 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 arT￿jn￿j 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 p￿pe￿￿e$ being Grade 11 listed, it is the poI￿Y of the charity to provwje addiCK)nal investment each in Capital Accumulab"on Shar8$ to meet th8 i￿e¥ltable high costs of relU￿lsh￿ellt 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 pro￿Tty 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 rK*t 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 docum￿1 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 I￿r e*P￿nce, empathy. aThJ k￿*￿edge of the charity and to maintsin the skilb and ¢xjffp)si￿0n of Ihe 1ru51e8 tody. Trustses have th8 POWW to app)int n￿trUSte85 oftlw dwr9. ￿tillr￿J 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. Fina￿la1 Instruments ObjectNes aThJ Oici8¥ The Chaiitys aclNrtie5 eypose ￿ to a r￿fflb8f of finaxial rtsks induding credit risK cash Ilow risk and IW4u￿Ity risk. The use of financial instruments is govem&Y by the Charitys pokies approv8d by the board of trustee5. which provide writt8n prin￿PIeS on the u8e of financral assets to manage thes8 risks. The Charity do8s not L￿e derivative finarKial irffjtsurnents for yculatsve ￿rp{￿. Cash kni risk The Charivs acti￿tieS 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 in￿Stments. Th8 credlt rfsk ￿ IKJuid funds and finanoal instruments is because Ih8 cOUnte￿O￿"e$ are banks with h*h credit-ratings assKJne¢ by intem8tional c￿￿rt-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 r￿k In order to maintain liquidty to erffjure that sulft*nl fvnds ar8 awailable for ongoir#J operatKJns and fijtur deveioprnents, the Chanty may draw d￿n on investment ass8ts deèmed appropriate. Furtherdetails regartling liquKIty risk t￿n L* ￿n0 in ￿ Stslerr*nl ot•xY*Jnting 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 ROb￿n Homes Ith8 Twstl for the year 8nded 31 March 2021. Re$ponslblllt50s and basls ol rnport As ltr* charity tN5tees of the Trust you a￿ fLY the prep8r8tion of the a¢￿￿nts in ar£Ordar￿ the requirements of Iha Charrliès 2011 Ilhe kri. I report in resp8Ct of my exarninalK)n of Ihe Tnjsfs accounts Carried oui under SectK)n 145 of th8 Act ar￿ in carrying out my examirbation I have followed all apPl￿bIts Directions gNen by th8 Charity Commissm vnder Section 1451SXbl of Independent •xaminerfs Statement I have completed my examination. l LY)nfimi thal ￿ malwial matt815 ha¥t to my attention in o)nTrection wrth th• examinatw)n giwry r*u5e to bo1￿ that in any matwial r8specL accounting r8eords were nol kept in resped of Ihe Trust as wuired by S8(kn 130 01 the Act. or the accourts do not acoyd th those records". or the aLrounts do not comply ￿th the appl6cable rEquI￿rnents conc8rning the fomi and ￿ntent of accounts set out in the Chants"es (A￿ntS and ReF￿$) Re9￿￿t￿m)s 2tY)8 other than any requirement that the acc￿Unts give a true ané fair view 1$ not a matter conSide￿d 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 p￿￿1 under3landiwwJ ofthe a¢xounts to be reached. Steven Newman LL8 8FP FCA The Inslrtute of Charter￿1 A￿￿[rtants irb EnglaThJ a￿1 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 actiw￿es .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 ASS￿8 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 s￿ned on its bBhalF by.. plknp.wr P B E Farr- Truslee The notss IDrnI part oftw fina￿la1 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 pu￿1¢ 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 en￿￿meThI to the funds, it is probab￿ that ￿Kome will be rec8Ned arKI amounl can be measuiwj reliably. Income and endo*rynents Voluntary income including donaticrt5. ￿fts. legacies and grants that provide C￿re 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 re￿1Ve￿ and the arrount can ￿ measu￿d wth suffi&enl reliability. Donatlonts and le9a¢les Donalion5 and lega¢*s are recognised on a r￿lable basis recaipt 15 probaNe and the arnount can be reliably m8asur8d. Inv•$tment Incorn• Investment income from the Charitys pcthkj reDwiséd on a recei¥able5 b￿5 a5 reported by the tund managers ExpendTture Lk2bilities ar8 reixgni5ed as eXpendi￿re as scon as Ihere is a legal or wnstruct￿￿ Obligat￿Tr cornmitting the charty to that exp8llrdingty, the Charity is ptrtenb.ally exempt from laXa￿n in ￿SpeCt of incorre or ca￿tal gains received within categories covere(J by Chapter 3 Part 11 of the CorporatKJn Tax Art 2010 or Sectwm 256 of the Taxation of Chargeable GaiFkS Act 1992. to the gxtentlhat suth 1￿me or gairB ar8 applied 8xcIu5ivety to charilabbe purposes. Fund accounting Un￿stilrted fijnds can be used in aco)rdan¢g ￿ the thariiabk obJ"ective$ * Ih8 disLYetion of the tnjstegs. Pag8 7 rxJniinu8d... 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 or*fien funds are r8i58d for p8rtioJbr restricted PU￿$￿$. Further e￿a￿t￿Tr 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 ￿n￿rtaInbe$ abrrtrt th8 Charity* abdty tt) ry￿tinue as a goiThJ Con￿M. Cash and ¢a8h oqulvalonts Cash and cash equivalents comprise cash on ha￿1 and call de￿rts. 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 fr*1h8 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 ENfKMMEP￿S 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 brts￿￿t 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 Charit*s FI881￿ld property was origin￿ty 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 rn*Je. FIXED ASSET IMVESThIEKrs Usted Int4estments MARK￿ VALUE At 1 April 2020 Ad￿￿on$ Revaluatbjns .044 8.613 59,256 At 31 Ma￿h 2021 373,913 NEf BOOK VALUE At 31 Marth 2021 373.913 At 31 Marth 2020 C￿t 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 Jse5 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 C￿1￿1 Maintenar￿e fvnd has be8n Set as￿le 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 revd￿jal¥)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 receIva￿e 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 Cha￿table 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 fv￿al statements Pdge 13