2020-12-31-accounts

1.	Legal and Administrative
2.	Report ofthe Trustees
	Independent examiner's	report
4.	Statement ofFinancial	Activities
S.	Balance Sheet
ih	Notes tothe Accounts

Charity name		Louisa Cottages	Charity	Charity	Trust
Charity number		220078
Registered office		Estate Office
		Queen Street
		Waddesdon
		Aylesbury
		Buckinghamshire
		HP18 OJZ
Trustees		The Honourable	E Freeman-Attwood
		SJPTrust Corporation		Limited
		Garth Clark (appointed			13January 2020)
		Magnus Goodlad	(resigned 13January 2020)
Independent	Examiner	MHA Maclntyre	Hudson
		Moorgate House
		201Silbury Boulevard
		Milton Keynes
		MK9 1LZ
Bankers		NatWest Pic
		High Street
		Tring
		HP23 SAP

				Restricted	Unrestricted	2020	2019
			Note	Fund	Fund	Total	Total
				E	E	E	E
Income
Donations and legacies			2	18,000		18,000	17,000
Income from investments			3		31,681	31,681	30,946
Total income				18,000	31,681	49,681	47,946
Expenditure
Expenditure on raising funds			5	(13,796)	(7,385)	(21,181)	(22,520)
Total expenditure				(13,796)	(7,385)	(21,181)	(22,520)
Net gains/(losses)	on investments				(19)	(19)	36
Net income/(expenditure)		for the year		4,204	24,277	28,481	25,462
Net movement in	funds for the year			4,204	24,277	28,481	25,462
Total funds brought forward				6,565	44,466	51,031	25,569
Total funds carried	forward			10,769	68,743	79,512	51,031

As at 31December 2020	As at 31December 2020
r
			Notes	2020		2019
				E		E	E
Fixed assets
Tangible fixed assets			7
Socialinvestment			8	623		642
					623		642
Current assets
Debtors			9	1,660		1,439
Cash at bank and in	hand			79,325		51,742
Total current assets				80,985		53,181
Current liabilities
Creditors: amounts	falling due within one year		10	(2,096)		(2,792)
Net current assets					78,889		50,389
Total net assets					79,512		51,031
Capital and reserves
Unrestricted Revenue Reserve			11		68,174		43,878
Restricted Revenue	Reserve		11		7,109		2,905
Investment Revaluation		Reserve	11		569		588
Endowment Fund			11		3,660		3,660
					79,512		51,031

2.	Donations and	Donations and	legacies
					2020	2019
					F.	E
	The Rothschild		Foundation		18,000	17,000
					18,000	17,000
3.	Income from	investments
					2020	2019
					E	E
	Property rental income				31,681	30,946
	Interest received
					31,681	30,946
4.	Net income /	(expenditure)		for the year
					2020	2019
	This is stated		after charging:		E	E
	Independent		examiner costs		1,112	1,140
5.	Expenditure	on charitable		activities

xpenditure on		charitable	activities
				Restricted	Unrestricted	Total Funds	Total Funds
				Funds	Funds	2020	2019
				f	f	f	f
Property expenditure
Warden fees				5,182		5,182	4,960
Repairs and maintenance				6,614		6,614	8,593
Gardening and		grounds	maintenance		1,980	1,980	1,909
Light and heat					384	384	334
Water rates					2,109	2,109	1,945
Insurance					1,263	1,263	1,501
Independent	examiner costs				1,112	1,112	1,140
Social Housing		Regulator			325	325	300
Sundry expenses				2,000	212	2,212	1,838
				13,796	7,385	21,181	22,520

nvestmen	ts,	at m	arket value
						2020	2019
						E	f
6(2019:6)		shares	in National	Association ofAlmshouses;	Common
Investment		Fund	(historical cost f12;2019:E12)			573	592
Premium	Saving Bonds					50	50
Market	value at 31December			2020		623	642

ebtors
		2020	2019
		E	E
Prepayments	and accrued income	1,298	1,089
Other debtors		362	350
		1,660	1,439

		2020	2019
		E	E
Other creditors		381	1,379
Accruals and deferred	income	1,715	1,413
		2,096	2,792

apital and reserves
		2020	2019
		E	E
Investment revaluation	reserve
At 1January 2020		588	552
Increase in market value during the year		(19)	36
At 31December 2020		569	588
Revenue reserve
At 1January 2020		46,783	21,357
Unrestricted surplus /	(deficit) for the year	24,296	23,979
Restricted surplus / (deficit) for the year		4,204	1,447
At 31December 2020		75,283	46,783
Analysis:
Unrestricted revenue	reserve	68,174	43,878
Restricted revenue reserve		7,109	2,905
At 31December 2020		75,283	46,783
Endowment Fund
At 1January 2020 and	31December 2020	3,660	3,660
Total Capital and Reserves		79,512	51,031