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||**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**|





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|||||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`|





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|||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|






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|**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|



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|**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|



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|**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|



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|**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|





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|**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**|





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|||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)**|



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|**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**|