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2021-12-31-accounts
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|
Page |
| Report ofthe Trustees |
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1to3 |
Independent
Examiner's |
|
Report |
|
| Statement ofFinancial |
|
Activities |
|
| Balance Sheet |
|
|
|
| Notes to the Financial |
Statements |
|
7to13 |
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|
|
|
|
2021 |
2020 |
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
|
fund |
funds |
funds |
funds |
|
|
Notes |
|
|
|
|
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
|
Charitable
activities |
|
|
|
|
|
|
Subsidised
housing |
|
|
189,603 |
|
189,603 |
171,289 |
Investment
income |
|
|
2,431 |
|
2,431 |
2,619 |
| Total |
|
|
192,034 |
|
192,034 |
173,908 |
| EXPENDITURE |
ON |
|
|
|
|
|
Charitable
activities |
|
|
|
|
|
|
Subsidised
housing |
|
|
188,143 |
|
188,143 |
195,593 |
| Net gains/(losses) |
on |
investments |
|
52,912 |
52,912 |
(18,931) |
| NKT INCOME/(EXPENDITURE) |
|
|
3,891 |
52,912 |
56,803 |
(40,616) |
| Other recognised |
gains/(losses) |
|
|
|
|
|
| Gains on revaluation |
|
offixed assets |
|
3,787,695 |
3,787,695 |
361,893 |
Net movement
in |
funds |
|
3,891 |
3,840,607 |
3,844,498 |
321,277 |
| RECONCILIATION |
|
OF FUNDS |
|
|
|
|
| Total funds brought |
|
forward |
492,751 |
9,579,602 |
10,072,353 |
9,751,076 |
| TOTAL FUNDS |
CARRIED FORWARD |
|
496,642 |
13,420,209 |
13,916,851 |
10,072,353 |
|
|
|
|
2021 |
2020 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
funds |
funds |
funds |
|
Notes |
|
|
|
|
| FIXEDASSETS |
|
|
|
|
|
| Tangible assets |
|
437,678 |
12,991,209 |
13,428,887 |
9,641,192 |
| Investments |
|
41,960 |
429,000 |
470,960 |
418,048 |
|
|
479,638 |
13,420,209 |
13,899,847 |
10,059,240 |
| CURRENT ASSETS |
|
|
|
|
|
| Cash at bank |
|
32,560 |
|
32,560 |
24,998 |
| CREDITORS |
|
|
|
|
|
Amounts
falling due within one year |
|
(15,556) |
|
(15,556) |
(11,885) |
| NET CURRENT ASSETS |
|
17,004 |
|
17,004 |
13,113 |
| TOTAL ASSETSLESSCURRENT |
|
|
|
|
|
| LIABILITIES |
|
496,642 |
13,420,209 |
13,916,851 |
10,072,353 |
| NET ASSETS |
|
496,642 |
13,420,209 |
13,916,851 |
10,072,353 |
| FUNDS |
|
|
|
|
|
Unrestricted
funds |
|
|
|
496,642 |
492,751 |
| Restricted funds |
|
|
|
13,420,209 |
9,579,602 |
| TOTAL FUNDS |
|
|
|
13,916,851 |
10,072,353 |
| INVESTM |
ENT INCOME |
|
|
|
|
2021 |
2020 |
| Dividends |
received |
2,429 |
2,618 |
| Bank interest |
|
2 |
1 |
|
|
2,431 |
2,619 |
| TANGIBLE FIXEDASSETS |
|
|
Freehold |
|
property |
| COST ORVALUATION |
|
| At 1 January 2021 |
9,641,192 |
| Revaluations |
3,787,695 |
| At 31December 2021 |
13,428,887 |
| NET BOOKVALUE |
|
| At 31December 2021 |
13,428,887 |
| At 31December 2020 |
9,641,192 |
| FIXEDASSETINVESTMENTS |
|
|
Listed |
|
investments |
| MARKET VALUE |
|
| At 1 January 2021 |
418,048 |
| Revaluations |
52,912 |
| At 31December 2021 |
470,960 |
| NET BOOKVALUE |
|
| At 31 December 2021 |
470,960 |
| At 31December 2020 |
418,048 |
| Listed investments |
comprise the following: |
comprise the following: |
|
|
|
|
|
2021 |
2020 |
| Income producing |
shares |
|
|
|
| 500 Charifunds |
income units |
at year end market value |
7,781 |
6,863 |
| 62,392NAACIF |
income shares |
at year end market value |
56,&70 |
52,172 |
|
|
|
64,651 |
59,035 |
Accumulation
shares |
|
|
|
|
| 3,881NAACIF |
accumulation |
shares at year end market value |
406,309 |
359,013 |
|
|
|
406,309 |
359,013 |
| Total UK quoted |
shares |
|
470,960 |
418,048 |
|
|
2021 |
2020 |
|
|
Total |
Total |
|
|
funds |
funds |
| Current |
account |
20,039 |
15,061 |
| Deposit |
account |
12,521 |
9,937 |
| Total |
|
32,560 |
24,998 |
| CRE |
DITORS: AMOUNTS FALLING DUE |
WITHIN ONE YEAR |
|
|
|
2021 |
2020 |
| Trade |
creditors |
15,556 |
11,885 |
| MOVEME |
N |
T IN FUNDS |
|
|
|
|
|
|
|
Net |
|
|
|
|
|
movement |
At |
|
|
|
At 1.1.21 |
in funds |
31.12.21 |
| Unrestricted |
|
funds |
|
|
|
| General fund |
|
|
492,751 |
3,891 |
496,642 |
| Restricted |
funds |
|
|
|
|
| Emergency |
|
Repair Fund |
359,013 |
47,296 |
406,309 |
| Unrealised |
Gains on Revaluation |
|
|
|
|
| Reserve |
|
|
9,220,5S9 |
3,793,311 |
13,013,900 |
|
|
|
9,579,602 |
3,S40,607 |
13,420,209 |
| TOTAL FUNDS |
|
|
10,072,353 |
3,844,498 |
13,916,851 |
|
|
Incoming |
Resources |
Gains and |
Movement |
|
|
resources |
expended |
losses |
in funds |
Unrestricted
funds |
|
|
|
|
|
| General fund |
|
192,034 |
(188,143) |
|
3,891 |
| Restricted |
funds |
|
|
|
|
| Emergency |
Repair Fund |
|
|
47,296 |
47,296 |
| Unrealised |
Gains on Revaluation |
|
|
|
|
| Reserve |
|
|
|
3,793,311 |
3,793,311 |
|
|
|
|
3,840,607 |
3,840,607 |
| TOTAL FUNDS |
|
192,034 |
(188,143) |
3,840,607 |
3,844,498 |
|
|
|
|
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 |
347,310 |
9,220,589 |
|
|
|
9,244,093 |
335,509 |
9,579,602 |
| TOTAL FUNDS |
|
|
9,751,076 |
321,277 |
10,072,353 |
|
|
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 |
|
|
|
347,310 |
347,310 |
|
|
|
|
335,509 |
335,509 |
| TOTAL FUNDS |
|
173,908 |
(195,593) |
342,962 |
321,277 |
|
|
|
|
Net |
|
|
|
|
|
movement |
At |
|
|
|
At 1,1.20 |
in funds |
31.12.21 |
| Unrestricted |
|
funds |
|
|
|
| General fund |
|
|
506,983 |
(10,341) |
496,642 |
| Restricted |
funds |
|
|
|
|
| Emergency |
Repair Fund |
|
370,814 |
35„495 |
406,309 |
| Unrealised |
Gains on Revaluation |
|
|
|
|
| Reserve |
|
|
8,873,279 |
4,140,621 |
13,013,900 |
|
|
|
9,244,093 |
4,176,116 |
13,420,209 |
| TOTAL FUNDS |
|
|
9,751,076 |
4,165,775 |
13,916,851 |
|
|
Incoming |
Resources |
Gains and |
Movement |
|
|
resources |
expended |
losses |
in funds |
Unrestricted
funds |
|
|
|
|
|
| General fund |
|
365,942 |
(383,736) |
7,453 |
(10,341) |
| Restricted |
funds |
|
|
|
|
| Emergency |
Repair Fund |
|
|
35,495 |
35,495 |
| Unrealised |
Gains on Revaluation |
|
|
|
|
| Reserve |
|
|
|
4,140,621 |
4,140,621 |
|
|
|
|
4,176,116 |
4,176,116 |
| TOTAL FUNDS |
|
365,942 |
(383,736) |
4,183,569 |
4,165,775 |