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2020-09-30-accounts

TRUSTEES		Aid D L3ones (Portreeve/	Aid D L3ones (Portreeve/	Chairman)
		M Thomas	(Foreman)
		P Pearce
		G 3ohn
		K 3ones
		3 Watts
		A George
		C Roberts
		A 3ames
		3 Pearce
		M Elghamaryu
		L Brown
		P Brown
		P Brace
		8 Roberts
		A Cotes
		R B Lloyd
		A Lewis
		LThomas
		R Hussellbee
		D Thomas
PRINCIPAL ADDRESS		Laugharne Corporation
		Town Hall
		Laugharne
		Carmarthenshire
		SA33 4SA
REGISTERED CHARITY		218121
NUMBER
INDEPENDENT	EXAMINER	Llewelyn Davies
		Chartered Accountants
		Yelverton House
		St3ohn Street
		Whitland
		Carmarthenshire
		SA34 OAW
BANKERS		Barclays Bank Pic
		Carmarthen	Branch

			2020	2019
			Unrestricted	Total
			funds	funds
		Notes	6	6
INCOME AND ENDOWMENTS	FROM
Donations and legacies			14,858	11,337
Other trading activities			6,077	4,000
Investment income			46,115	46,094
Total			67,050	61,431
EXPENDITURE ON
Raising funds			83,530	44,074
Net gains on investments			104,125	49,883
NET INCOME			87,645	67,240
RECONCILIATION OF FUNDS
Total funds brought forward			1,185,058	1,117,818
TOTAL FUNDS CARRIED FORWARD			1,272,703	1,185,058

		2020	2019
		Unrestricted	Total
		funds	funds
	Notes	f	f
FIXEDASSETS
Investment property		1,145,375	1,041,250
CURRENT ASSETS
Investments		70,400	70,400
Cash at bank		59,368	74,368
		129768	144768
CREDITORS
Amounts falling due within one year		(2,440)	(960)
NET CURRENT ASSETS		127,328	143,808
TOTAL ASSETS LESSCURRENT
LIABILITIES		1,272,703	1,185,058
NET ASSETS		1,272,703	1,185,058
FUNDS	10
Unrestricted funds:
General fund		1,083,094	1,099,575
Revaluation Reserve		189,609	85,483
		1,272,703	1,185,058
TOTAL FUNDS		1,272,703	1,185,058

				2020 6	2019 I
Rents received				6,933	10,427
Investments Interest				817	2,102
Rent of managed	property			38,365	33,565
				46,115	46,094
RAISING FUNDS
Raising donations		and legacies
				2020 I	2019 6
Support costs				1,716
Investment management			costs
				2020 6	2019 I
Rent collection				2,302	1,984
Property repairs				42,114	15,836
Support costs				37,398	26,254
				81,814	44,074
Aggregate amounts				83,530	44,074

			Unrestricted
			fundsI
INCOME AND ENDOWMENTS		FROM
Donations and	legacies		11,337
Other trading	activities		4,000
Investment income			46,094
Total			61,431
EXPENDITURE ON
Raising funds			44,074
Net gains on investments			49,883
NET INCOME			67,240

0.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
				Unrestricted
				funds
				E
	RECONCILIATION OF FUNDS
	Total funds brought forward			1,117,818
	TOTAL FUNDS CARRIED	FORWARD		1,185,058
7.	INVESTMENT PROPERTY
	FAIR VALUE
	At 1 October 2019			1,041,250
	Revaluation			104,125
	At 30 September 2020			1,145,375
	NET BOOK VALUE
	At 30September 2020			1,145,375
	At 30September 2019			1,041,250
8.	CURRENT ASSETINVESTMENTS
			2020	2019
			E	E
	NSM Investment		70,400	70,400
9.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			2020	2019
			E	E
	Other creditors		2,440	960
10.	MOVEMENT IN FUNDS
			Net
		At	movement	At
		1.10.19	in funds	30.9.20
		E	E	E
	Unrestricted funds
	General fund Revaluation Reserve	1,099,574 85,484	(16,480) 104,125	1,083,094 189,609
		1,185,058	87,645	1,272,703
	TOTAL FUNDS	1,185,058	87,645	1,272,703

Net mo	vemen	t	in fu	nds, include	d i	n the abo	ve are as foll	ows:
							Incoming	Resources	Gains and	Movement
							resources	expended	losses	in funds
							E	E	E	E
Unrestricted			funds
General	fund						67,050	(83,530)		(16,480)
Revaluation		Reserve							104,125	104,125
							67,050	(83,530)	104,125	87,645
TOTAL	FUNDS						67,050	(83,530)	104,125	87,645
Comparatives			for	movement	in	funds
									Net
								At	movement	At
								1.10.18	in funds	30.9.19
								E	E	E
Unrestricted			funds
Generalfund								1,082,218	17,357	1,099,575
Revaluation		Reserve						35,600	49,883	85,483
								1,117,818	67,240	1,185,058
TOTAL	FUNDS							I/I 17818	67 240	1~185J058

Compara	tive	net movement in fu	nds, included in the abov	e are as follow	s:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E	E	E	E
Unrestricted		funds
General	fund		61,431	(44,074)		17,357
Revaluation		Reserve			49,883	49,883
			61,431	(44,074)	49,883	67,240
TOTAL	FUNDS		61,431	(44,074)	49,883	67,240

A curren	t ye	ar 12 months and prior yea	r 12 months combined position is	as follows:
				Net
			At	movement	At
			1.10.18	in funds	30.9.20
			E	E
Unrestricted		funds
General	fund		1,082,218	877	1,083,095
Revaluation		Reserve	35,600	154,008	189,608
			1,117,818	154,885	1,272,703
TOTAL	FUNDS		1,117,818	154,885	1,272,703

the abo	ve ar	e as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E	E	E	E
Unrestricted		funds
General	fund		128,481	(127,604)		877
Revaluation		Reserve			154,008	154,008
			128,481	(127,604)	154,008	154,885
TOTAL	FUNDS		128,481	(127,604)	154,008	154,885

			2020I	2019I
INCOME AND ENDOWMENTS
Donations and	legacies
Burgess fees			18	63
Grants			4,635	4,635
Donated services	and facilities		350	1,392
Other Income			9,855	5,247
			14,858	11,337
Other trading activities
Fundraising events				4,000
Insurance claim			6,077
			6,077	4,000
Investment income
Rents received			6,933	10,427
investments interest			817	'2,102
Rent of managed	property		38,365	33,565
			46,115	46,094
Total incoming	resources		67,050	61,431
EXPENDITURE
Investment management		costs
Rent collection			2,302	1,984
Property repairs			42,114	15,836
			44,416	17,820
Support costs
Management
Honoraria Biexpenses			4,688	5,375
Insurance			3,974	3,594
Light and heat			2,765	1,752
Sundries			99	100
Postage and stationery				1,196
Donations			2,216	8,900
Portreeve's breakfast			1,000	1,000
			14,742	21,917
Finance
Accountancy			1,344	960
Previous year's	accountancy		408
Legal fees			21,020	1,827
Payments out	on moor shares		1,600	1,550
			24,372	4,337

		2020	2019
		6	6
Total	resources expended	83,530	44,074
Net	(expenditure)/income	(16,480)	17,357