||||Page|
|---|---|---|---|
|Report ofthe Trustees|||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|
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|||||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|
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|INVESTM|ENT INCOME|||
|---|---|---|---|
|||2021|2020|
|Dividends|received|2,429|2,618|
|Bank interest||2|1|
|||2,431|2,619|
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|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|
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|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|
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|||2021|2020|
|---|---|---|---|
|||Total|Total|
|||funds|funds|
|Current|account|20,039|15,061|
|Deposit|account|12,521|9,937|
|Total||32,560|24,998|
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|CRE|DITORS: AMOUNTS FALLING DUE|WITHIN ONE YEAR||
|---|---|---|---|
|||2021|2020|
|Trade|creditors|15,556|11,885|
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|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|
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|||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|
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|||||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|
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|||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|
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|||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|
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