| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| Fund | Fund | Fund | Funds | Funds | |||
| Income and Endowments | from: | ||||||
| Charitable activities: |
|||||||
| Contributions from Almspeople |
25,937 | 25,937 | 25,400 | ||||
| Garden rents | 225 | 225 | 170 | ||||
| Council tax re earlier years | 194 | 194 | |||||
| Licence fee | 30 | 30 | 30 | ||||
| Investments | |||||||
| Dividends and interest |
2,266 | 1,310 | 4,886 | 4,209 | |||
| Bank interest | 1 | I | 2 | ||||
| TOTAL INCOME | 28,653 | 1,310 | 31,273 | 29,811 | |||
| Expenditure on: |
|||||||
| Charitable activities: |
|||||||
| Water rates and council tax | 5,567 | 5,567 | 5,711 | ||||
| Insurance | 1,108 | 1,108 | 1,073 | ||||
| General repairs | 2,748 | 2,748 | 813 | ||||
| Major repairs | 3 | ||||||
| Gas and electricity | 12,698 | 12,698 | 10,376 | ||||
| Rent collection expenses | 110 | ||||||
| Expenses re allotments | |||||||
| Void rents | 1,086 | 1,086 | |||||
| Other; | |||||||
| Secretary's expenses |
839 | 839 | 835 | ||||
| Accountancy and professional |
|||||||
| fees | 4 | 300 | 300 | 519 | |||
| Subscriptions | 187 | 187 | 182 | ||||
| Sundry expenses | 130 | 130 | 122 | ||||
| TOTAL EXPENSES | 21,915 | 2,748 | 24,663 | 19,741 | |||
| Net gains/(losses) on |
|||||||
| investments | 1,963 | 3,532 | 5,495 | (7,032) | |||
| Net income/(expenditure) | 8,701 | 2,094 | 10,795 | 3,038 | |||
| Transfers between funds | |||||||
| Net movement in funds |
8,701 | 2,094 | 10,795 | 3,038 | |||
| Reconciliation offunds: | |||||||
| Funds brought forward at |
|||||||
| 6January 2021 | 87,823 | 35,646 | 11,050 | 134,519 | 109,189 | ||
| Funds carried forward at | |||||||
| 5 January 2022 | 96,524 | 37,740 | 11,050 | 145,314 | 112,227 |
| 2021 | 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Note | |||||||||
| Fixed Assets | |||||||||
| Tangible assets |
11,050 | 11,050 | |||||||
| Investments | 120,700 | 106,957 | |||||||
| Total fixed assets | 131,750 | 118,007 | |||||||
| Current | Assets | ||||||||
| Debtors | and prepayments | 497 | 476 | ||||||
| Cash at | bank and in | hand | 18,816 | 19,376 | |||||
| 19,313 | 19,852 | ||||||||
| Current | Liabilities | ||||||||
| Creditors: amounts | falling due within one | ||||||||
| veer: | |||||||||
| Creditors | and accruals | 7 | 5,749 | 3,340 | |||||
| Net current assets/fliabilities) | 13,564 | 16,512 | |||||||
| Total net | assets/(liabilities) | 145,314 | 134,519 | ||||||
| The funds ofthe charity: | |||||||||
| Endowment fund |
11,050 | 11,050 | |||||||
| Restricted | fund | 37,740 | 35,646 | ||||||
| Unrestricted fund |
96,524 | 87,823 | |||||||
| Total charity | funds | 145,314 | 134,519 | ||||||
| 0 |
| THK JANE HAYES CHARITY CASH FLOW STATEMENT FOR THK YEAR ENDED 5TH JANUARY 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Cash tlows from operating activities: |
|||
| Cash received from rents and other income | 26,947 | 26,883 | |
| Refunds received from suppliers | |||
| 26,947 | 26,883 | ||
| Payments to suppliers |
(24,499) | (19,120) | |
| Net cash provided by/(used in) operating |
activities | 2,448 | 7,763 |
| Cash flows from investing activities: |
|||
| Dividends and interest from investments |
328 | 348 | |
| Purchases ofinvestments | (5,000) | (5,000) | |
| Proceeds from sales ofinvestments | |||
| Net cash provided by/(used in) investing |
activities | (4,672) | (4,652) |
| Change in cash and cash equivalents in the year |
(560) | 3,111 | |
| Cash and cash equivalents at 6 January 2021 |
19,376 | 16,265 | |
| Cash and cash equivalents at 5January 2022 |
18,816 | 19,376 | |
| RECONCILIATION OF CASH FLOWS FROM |
OPERATING ACTIVITIES | ||
| Net income/(expenditure) for the year |
10,795 | 3,038 | |
| Adjustments for: |
|||
| (Gains)/losses on investments |
(5,495) | 7,032 | |
| Dividends received from investments |
(3,247) | (3,860) | |
| Purchase ofinvestments | (5,000) | (5,000) | |
| (increase)/decrease in debtors |
(21) | 167 | |
| Increase/(decrease) in creditors |
2,409 | 1,735 | |
| (560) | 3,112 | ||
| ANALYSIS OF CASH AND CASH EQUIVALENTS | |||
| Cash in hand - current account | 12,642 | 13,202 | |
| Cash in hand —instant access deposit acn&unt |
6,174 | 6,174 | |
| 18,816 | 19,376 |
| Accountancy | and professional | fees | 2022 | 2021 | ||
|---|---|---|---|---|---|---|
| Accountancy fees |
150 | 150 | ||||
| Independent examiners |
fee | 150 | 300 | |||
| Land registry fee | ||||||
| 300 | 450 | |||||
| Allocated between funds: |
||||||
| Unrestricted funds |
300 | 450 | ||||
| Restricted fund |
||||||
| 300 | 450 | |||||
| 2022 | 2021 | |||||
| 5 | Quoted investments | |||||
| Market value at 6 January 2021 | 106,957 | 105,129 | ||||
| Reinvestment ofdividend income |
3,247 | 3,860 | ||||
| Additions | 5,000 | 5,000 | ||||
| Net realised | investment gain |
|||||
| Net unrealised investment gain/(loss) |
5,496 | (7,032) | ||||
| Market value at 5January 2022 |
120,700 | 106,957 | ||||
| Historical | cost at 5January | 2022 | 22,126 | 17,126 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 6. | Debtors | and | prepayments | f | |
| Debtors | |||||
| Prepayments | 497 | 476 | |||
| 497 | 476 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 7. | Creditors: | amounts falling due within one year |
|||
| Repairs to almshouses | 145 | ||||
| Owed to tenant | 105 | ||||
| Independent examiners |
fee | 150 | 300 | ||
| Accountancy fees |
150 | 300 | |||
| Light and heat accrual | 2,261 | 1,641 | |||
| Rents received in advance | 2,938 | 1,099 | |||
| 5,749 | 3,340 |
| Unrestricted | Restricted | Endowment | Total | |
|---|---|---|---|---|
| Fund | Fund | Fund | Funds | |
| Opening at |
||||
| 6January 2021 | 87,823 | 35,646 | 11,050 | 134,519 |
| Income | 28,653 | 1,310 | 29,963 | |
| Expenditure | (21,915) | (2,748) | (24,663) | |
| Transfers | ||||
| Gains/(losses) | 1,963 | 3,532 | 5,495 | |
| At 5January 2022 | 96,524 | 37,740 | 11,050 | 145,314 |