| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Charitable activities |
||||||
| Subsidised housing |
171489 | 171,289 | 153,731 | |||
| Investment income |
2,619 | 2,619 | 3,851 | |||
| Total | 173,908 | 173,908 | 157,582 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Subsidised housing |
195,593 | 195,593 | 188,548 | |||
| Net gains/{losses) on |
investments | 7,453 | (26,384) | (18,931) | 70,364 | |
| NET INCOME/(EXPENDITURE) | (14/32) | (26,384) | (40,616) | 39,398 | ||
| Other recognised gains/(losses) |
||||||
| Gains on revaluation | offixed assets | 361,893 | 361,893 | 316,084 | ||
| Net movement in funds |
(14,232) | 335,509 | 321,277 | 355,482 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 506,983 | 9,244,093 | 9,751,076 | 9,395,594 | |
| TOTAL FUNDS CARRIED FORWARD | 492,751 | 9,579,602 | 10,072+53 | 9,751,076 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 437,678 | 9,203,514 | 9,641,192 | 9,279,299 | |
| Investments | 41,960 | 376,088 | 418,048 | 447,292 | |
| 479,638 | 9,579,602 | 10,059,240 | 9,726,591 | ||
| CURRENT ASSETS | |||||
| Cash at bank | 24,998 | 24,998 | 39,241 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(11,8S5) | (11,8S5) | (14,756) | ||
| NET CURRENT ASSETS | 13,113 | 13,113 | 24,485 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 492,751 | 9,579,602 | 10,072,353 | 9,751,076 | |
| NET ASSETS | 492,751 | 9,579,602 | 10,072,353 | 9,751,076 | |
| FUNDS | |||||
| Unrestricted funds |
492,751 | 506,983 | |||
| Restricted funds |
9,579,602 | 9,244,093 | |||
| TOTAL FUNDS | 10,072,353 | 9,751,076 |
| INVEST | MENT INCOME | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Dividends | received | 2,618 | 3,847 |
| Bank interest | 1 | 4 | |
| 2,619 | 3,851 |
| TANGIBLE FIXEDASSETS | |
|---|---|
| Freehold | |
| property | |
| COST OR VALUATION | |
| At 1 January 2020 | 9/79/99 |
| Revaluations | 361,893 |
| At 31 December 2020 | 9,641,192 |
| NET BOOK VALUE | |
| At 31 December 2020 | 9,641,192 |
| At 31 December 2019 | 9,279,299 |
| Listed | |||||
|---|---|---|---|---|---|
| investments | |||||
| MARKET VALUE | |||||
| At 1 January 2020 | 447,292 | ||||
| Disposals | (11,791) | ||||
| Revaluations | (17,453) | ||||
| At 31 December | 2020 | 418,048 | |||
| NET BOOK VALUE | |||||
| At 31 December | 2020 | 418,048 | |||
| At 31 December | 2019 | 447,292 | |||
| There were no investment | assets outside the UK. | ||||
| Listed investments | comprise the following: | ||||
| 2020 | 2019 | ||||
| Income producing | shares | ||||
| 500 Charifunds | income | units | at year end market value | 6,863 | 20,094 |
| 62,392NAACIF | income | shares | at year end market value | 52,172 | 56,384 |
| 59,035 | 76,478 | ||||
| Accumulation shares |
|||||
| 3,881 NAACIF | accumulation | shares at year end market value | 359,013 | 370,814 | |
| 359,013 | 370,814 | ||||
| Total UK quoted | shares | 418,048 | 447,292 |
| 7. | CASH AT BANK | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Total | Total | |||
| funds | funds | |||
| Current account | 15,061 | 35,987 | ||
| Deposit account | 9,937 | 3,254 | ||
| Total | 24,998 | 39,241 | ||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2020 | 2019 | |||
| Trade creditors | 11,885 | 14,756 | ||
| 9. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1/1/20 | in funds | 31/12/20 | ||
| Unrestricted funds |
||||
| General fund | 506,983 | (14,232) | 492,751 | |
| Restricted funds |
||||
| Emergency Repair Fund |
370,814 | (11,801) | 359,013 | |
| Unrealised Gains on Revaluation |
||||
| Reserve | 8,873,279 | 347/10 | 9/20,589 | |
| 9,244,093 | 335,509 | 9,579,602 | ||
| TOTAL FUNDS | 9,751,076 | 321,277 | 10,072453 |
| Incoming | Resources | Gains and | Movement | ||||
|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||
| Unrestricted | funds | ||||||
| General fund | 173,908 | (195,593) | 7,453 | (14,232) | |||
| Restricted | funds | ||||||
| Emergency | Repair Fund | (11,801) | (11,801) | ||||
| Unrealised | Gains on Revaluation | ||||||
| Reserve | 347/10 | 347+10 | |||||
| 335,509 | 335,509 | ||||||
| TOTAL FUNDS | 173,908 | (195,593) | 342,962 | 321,277 | |||
| Comparatives | for movement | in funds |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1/1/19 | in funds | 31/12/19 | |||
| Unrestricted | funds | ||||
| General fund | 514,557 | (7,574) | 506,983 | ||
| Restricted | funds | ||||
| Emergency | Repair Fund | 313,616 | 57,198 | 370,814 | |
| Unrealised | Gains on Revaluation | ||||
| Reserve | 8,567,421 | 305,858 | 8,873,279 | ||
| 8,881,037 | 363,056 | 9,244,093 | |||
| TOTAL FUNDS | 9,395,594 | 355,482 | 9,751,076 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted funds |
|||||
| General fund | 157,582 | (188,548) | 23,392 | (7,574) | |
| Restricted | funds | ||||
| Emergency | Repair Fund | 57,198 | 57,198 | ||
| Unrealised | Gains on Revaluation | ||||
| Reserve | 305,85S | 305,858 | |||
| 363,056 | 363,056 | ||||
| TOTAL FUNDS | 157,582 | (188,548) | 386,448 | 355,482 |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1/1/19 | in funds | 31/12/20 | |||
| Unrestricted | funds | ||||
| General fund | 514,557 | (21,806) | 492,751 | ||
| Restricted | funds | ||||
| Emergency | Repair Fund | 313,616 | 45,397 | 359,013 | |
| Unrealised | Gains on Revaluation | ||||
| Reserve | 8,567,421 | 653 168 | 9220 589 | ||
| 8,881,037 | 698 565 | 9579602 | |||
| TOTAL FUNDS | 9,395,594 | 676,759 | 10,072,353 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted funds |
|||||
| General fund | 331,490 | (384,141) | 30,845 | (21,806) | |
| Restricted | funds | ||||
| Emergency | Repair Fund | 45,397 | 45,397 | ||
| Unrealised | Gains on Revaluation | ||||
| Reserve | 653,168 | 653,168 | |||
| 698,565 | 698,565 | ||||
| TOTAL FUNDS | 331,490 | (384,141) | 729,410 | 676,759 |