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2021-04-05-accounts
|
Page |
| Trustees’ Report |
1 to 3 |
| Independent Examiner's Report |
4 |
| Statement of Financial Activities |
5 |
| Balance Sheet |
6 |
| Notes to the Financial Statements |
7 to 12 |
| Detailed Statement of Financial Activities |
13 |
|
|
|
|
2021 |
2020 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Charitable activities |
|
|
|
|
|
| Hirst Almshouses |
|
55,152 |
|
55,152 |
49,504 |
| Investment income |
2 |
4,559 |
5,154 |
9,713 |
11,289 |
| Total |
|
59,711 |
5,154 |
64,865 |
60,793 |
| EXPENDITURE ON |
|
|
|
|
|
| Charitable activities |
|
|
|
|
|
| Hirst Almshouses |
|
49,396 |
3,088 |
52,484 |
51,797 |
| Other |
|
2,826 |
|
2,826 |
2,826 |
| Total |
|
52,222 |
3,088 |
55,310 |
54,623 |
| Net gains/(losses) on investments |
|
35,248 |
54,874 |
90,122 |
(55,416) |
| NET INCOME/(EXPENDITURE) |
|
42,737 |
56,940 |
99,677 |
(49,246) |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
194,854 |
230,123 |
424,977 |
474,223 |
| TOTAL FUNDS CARRIED FORWARD |
|
237,591 |
287,063 |
524,654 |
424,977 |
|
|
2021 |
2020 |
|
Notes |
£ |
£ |
| FIXED ASSETS |
|
|
|
| Tangible assets |
5 |
54,845 |
57,671 |
| Investments |
6 |
466,677 |
375,664 |
|
|
521,522 |
433,335 |
| CURRENT ASSETS |
|
|
|
| Debtors |
7 |
16,385 |
19,278 |
| Cash at bank |
|
27.562 |
13,904 |
|
|
43,947 |
33,182 |
| CREDITORS |
|
|
|
| Amounts falling due within one year |
8 |
(3,595) |
(2,410) |
| NET CURRENT ASSETS |
|
40,352 |
30.772 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
| LIABILITIES |
|
561,874 |
464.107 |
| CREDITORS |
|
|
|
| Amounts falling due after more than one |
|
|
|
| year |
9 |
(37,220) |
(39,130) |
| NET ASSETS |
|
524,654 |
424.977 |
| FUNDS |
11 |
|
|
| Unrestricted funds |
|
237,591 |
194,854 |
| Restricted funds |
|
287,063 |
230,123 |
| TOTAL FUNDS |
|
524,654 |
424,977 |
| INVESTMENT INCOME |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Investment income - dividends |
6,935 |
6,966 |
| Deposit account interest |
5 |
26 |
| Investment income - interest |
2,773 |
4,297 |
|
9,713 |
11,289 |
| TANGIBLE FIXED ASSETS |
|
|
|
|
|
Fixtures |
|
|
Freehold |
and |
|
|
property |
fittings |
Totals |
|
£ |
£ |
£ |
| COST |
|
|
|
| At 6 April 2020 and 5 April 2021 |
141,308 |
60,389 |
201,697 |
| DEPRECIATION |
|
|
|
| At 6 April 2020 |
83,637 |
60,389 |
144,026 |
| Charge for year |
2,826 |
|
2,826 |
| At 5 April 2021 |
86,463 |
60,389 |
146,852 |
| NET BOOK VALUE |
|
|
|
| At 5 April 2021 |
54,845 |
|
54,845 |
| At 5 April 2020 |
57,671 |
|
57,671 |
| FIXED ASSET INVESTMENTS |
|
|
|
|
|
|
Listed |
|
|
|
investments |
|
|
|
£ |
| MARKET VALUE |
|
|
|
| At 6 April 2020 |
|
|
375,664 |
| Additions |
|
|
116,545 |
| Disposals |
|
|
(107,414) |
| Revaluations |
|
|
88,098 |
| Movement in cash funds |
|
|
(6,216) |
| At 5 April 2021 |
|
|
466,677 |
| NET BOOK VALUE |
|
|
|
| At 5 April 2021 |
|
|
466.677 |
| At 5 April 2020 |
|
|
375,664 |
| 7. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Trade debtors |
777 |
1,586 |
|
Other debtors |
14,553 |
16,963 |
|
Prepayments and accrued income |
1,055 |
729 |
|
|
16,385 |
19,278 |
| 8. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Other creditors |
3,595 |
2,410 |
| 9. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Other creditors |
37,220 |
39,130 |
| **ANALYSIS OF NET ASSETS ** |
BETWEEN FUNDS |
|
|
|
|
|
|
2021 |
2020 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
fund |
funds |
funds |
|
£ |
£ |
£ |
£ |
| Fixed assets |
54,845 |
|
54,845 |
57,671 |
| Investments |
187,691 |
278,986 |
466,677 |
375,664 |
| Current assets |
35,203 |
8,744 |
43,947 |
33,182 |
| Current liabilities |
(2,928) |
(667) |
(3,595) |
(2,410) |
| Long term liabilities |
(37,220) |
|
(37,220) |
(39,130) |
|
237,591 |
287.063 |
524,654 |
424,977 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
Net |
|
|
|
movement |
At |
|
At 6.4.20 |
in funds |
5.4.21 |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| Capital & Accumulated Fund |
146,141 |
42.737 |
188,878 |
| Designated Development Fund |
23,241 |
|
23,241 |
| Cyclical Maintenance Fund |
15,621 |
|
15,621 |
| Extraordinary Repairs Fund |
9,851 |
|
9,851 |
|
194,854 |
42,737 |
237,591 |
| Restricted funds |
|
|
|
| Capital & Accumulated Fund |
230,123 |
56,940 |
287,063 |
| TOTAL FUNDS |
424,977 |
99,677 |
524,654 |
|
Incoming |
Resources |
**Gains and ** |
Movement |
|
resources |
expended |
**losses ** |
in funds |
|
£ |
£ |
**£ ** |
£ |
| Unrestricted funds |
|
|
|
|
| Capital & Accumulated Fund |
59,711 |
(52.222) |
35,248 |
42,737 |
| Restricted funds |
|
|
|
|
| Capital & Accumulated Fund |
5,154 |
(3,088) |
54,874 |
56.940 |
| TOTAL FUNDS |
64,865 |
(55,310) |
90,122 |
99,677 |
|
|
Net |
|
|
|
movement |
At |
|
At 6.4.19 |
in funds |
5.4.20 |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| Capital & Accumulated Fund |
172,144 |
(26,003) |
146,141 |
| Designated Development Fund |
23,241 |
|
23,241 |
| Cyclical Maintenance Fund |
15,621 |
|
15,621 |
| Extraordinary Repairs Fund |
9,851 |
|
9,851 |
|
220,857 |
(26,003) |
194,854 |
| Restricted funds |
|
|
|
| Capital & Accumulated Fund |
253,366 |
(23.243) |
230.123 |
| TOTAL FUNDS |
474,223 |
(49.246) |
424,977 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| Capital & Accumulated Fund |
54,570 |
(53,829) |
(26,744) |
(26,003) |
| Restricted funds |
|
|
|
|
| Capital & Accumulated Fund |
6,223 |
(794) |
(28,672) |
(23,243) |
| TOTAL FUNDS |
60,793 |
(54,623) |
(55,416) |
(49,246) |
| for the Year Ended 5 Ap |
ril 2021 |
|
|
2021 |
2020 |
|
£ |
£ |
| INCOME AND ENDOWMENTS |
|
|
| Investment income |
|
|
| Investment income - dividends |
6,935 |
6,966 |
| Deposit account interest |
5 |
26 |
| Investment income - interest |
2,773 |
4,297 |
|
9,713 |
11,289 |
| Charitable activities |
|
|
| Rental income |
55,152 |
49,504 |
| Total incoming resources |
64,865 |
60,793 |
| EXPENDITURE |
|
|
| Charitable activities |
|
|
| Property expenses |
19,970 |
25,082 |
| Insurance |
1,863 |
1,819 |
| Management charges |
30,083 |
20,697 |
| Sundries |
|
3,699 |
| Amortisation of grant |
(1,910) |
(1,910) |
|
50,006 |
49.387 |
| Other |
|
|
| Depreciation of tangible fixed assets |
2,826 |
2,826 |
| Support costs |
|
|
| Governance costs |
|
|
| Accountancy and legal fees |
2,478 |
2,410 |
| Total resources expended |
55,310 |
54,623 |
| Net income before gains and losses |
9,555 |
6,170 |
| Realised recognised gains and losses |
|
|
| Realised gains/(losses) on fixed asset |
|
|
| investments |
2,024 |
(446) |
| Net income |
11,579 |
5,724 |