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2020-12-31-accounts

THE BURTON MANDERFIELD CHARITY

STATEMENT OF ACCOUNTS

FOR THE YEAR ENDED 31st DECEMBER 2020

Rotheras Solicitors Nottingham

THE BURTON MANDERFIELD CHARITY

BALANCE SHEET AS AT 31st DECEMBER 2020

2019
281,652
25,956
307,608
44,152
62,810
10,000
424,570
ASSETS
Almshouse Buildings
Investments:
811.43 COIF Income units
1100 M&G Charifund
Income units
11000 M&G Charibond
Income units
£
Value at 31.12.19 - £45,863
Bank Balances:
Rotheras
Nat West
COIF Deposit Fund
£
Value
at 31.12.20
14,586
15,098
13,803
43,487
£
Cost
765.85
10,341.38
14,849.36
(8,109.53)
122,256.49
10,000.00
£
£
281,651.58
25,956.59
307,608.17
124,146.96
431,755.13

THE BURTON MANDERFIELD CHARITY

BALANCE SHEET AS AT 31st DECEMBER 2020

2019
27,385
275,172
54,090
47,400
20,522
424,570
FUNDS EMPLOYED
Capital Account
Balance at 01.01.20
Transfer To ERF
Gains on disposals
Balance at 31.12.20
Almshouse Compensation Account
Extraordinary Repair Fund
(see page 3)
Cyclical Maintenance Fund
(see page 3)
Income Account
Balance at 01.01.20
Surplus for year (see page 4)
Balance at 31.12.20
£
27,385.44
20,522.24
187.09
£
£
27,385.44
275,172.47
58,087.55
50,400.34
20,709.33
431,755.13

We have examined the books and vouchers of the Charity and certify that the accompanying Income and Expenditure Account for the year ended 31st December 2020 and the Balance Sheet as at that date have been prepared in accordance therewith

Rotheras 2 Kayes Walk Nottingham

THE BURTON MANDERFIELD CHARITY

SCHEDULE OF FUNDS

Property repairs
Boilers
Balance at 31.12.20
CYCLICAL MAINTENANCE FUND
Balance at 31.12.20
Balance at 01.01.20
ADD transfer from Income Account
LESS expenditure -
LESS expenditure -
EXTRAORDINARY REPAIR FUND
Balance at 01.01.20
ADD transfer from Income Account
2,842.00
8,160.00
£
£
£
54,089.55
15,000.00
69,089.55
11,002.00
58,087.55
£
47,400.34
3,000.00
50,400.34
-
50,400.34

THE BURTON MANDERFIELD CHARITY

INCOME ACCOUNT TO 31.12.20

2019
8,571
2,630
7,410
1,376
7,069
1,726
2,049
6,600
75
1,200
267
1,553
2019 £
£
Water
8,832.35
Electricity & Gas
3,030.74
Repairs & upkeep:
Plumbing & heating
3,577.00
Safety tests
1,362.00
Electric repairs
3,298.50
Building repairs
2,242.08
Alarm System charges
2,812.68
Miscellaneous
609.00
13,901.26
Telephone
1,599.11
Wages
6,922.50
Insurance
1,493.78
Gardening expenses
2,827.50
Clerk's fees
6,900.00
Incidental expenses & petty cash
157.50
Accountancy & audit
1,200.00
National Association of Almshouses
576.00
Council tax
4,459.70
51,900.44
Transfers to reserves:
Extraordinary Repair Fund
15,000.00
Cyclical Maintenance Fund
3,000.00
18,000.00
SURPLUS FOR YEAR
187.09
£
70,087.53
Expenditure
2019
£
£
Dividends received:
Charibond shares
330.00
COIF Income shares
737.00
Charifund Income units
420.73
1,633
1,487.73
71
Interest received
26.27
67,992
Residents weekly maintenance
68,573.53
69,695
70,087.53
69,695
£
70,087.53
Income
£
1,487.73
26.27
68,573.53
40,525
20,000
9,000
170
70,087.53
69,695