||||||||Page||
|---|---|---|---|---|---|---|---|---|
|Reference|and Administrative<br>||||Details||||
|Report<br>of|the|Trustees||||2|<br>to|4|
|Independent||Examiner's||Report|||5||
|Statement|of|Financial||Activities|||6||
|Balance<br>Sheet|||||||7||
|Cash Flow|Statement||||||8||
|Notes to|the|Cash Flow||Statement|||9||
|Notes<br>to|the|Financial||Statements||10|<br>to|20|
|Detailed<br>|Statement<br>||of|Financial|Activities|21|to|22|





|TRUSTEES|||Adrian Mark|Horsley|
|---|---|---|---|---|
||||Mrs Patricia|Anne Booth|
||||Kevin  Simon|Webster|
||||James<br>Needler||
||||Nicholas Luffingham||
||||Mr  Anthony<br>|Nicholson|
||||Neil  Riseham||
||||Mrs Karen  Woods||
|PRINCIPAL<br>|ADDRESS||Anlaby Road||
||||Hull||
||||East Yorkshire||
||||HU4 6XA||
|REGISTERED|CHARITY<br>|NUMBER|221523||
|INDEPENDENT|EXAMINER||Sowerby||
||||Chartered<br>Accountants||
||||Beckside Court||
||||Annie Reed|Road|
||||Beverley||
||||East Yorkshire||
||||HU170LF||
|BANKERS|||HSBC||
||||3-4 Jameson<br>Street||
||||Hull||
||||HUI 3JX||
|INVESTMENT|MANAGERS||JM FINN||
||||4 Coleman Street||
||||London||
||||EC2R5TA||





## 

## 

## 

## 

## 

|||2020||2019|
|---|---|---|---|---|
|Number|of  residents at year  end||125|129|
|Changes|in residents during the  year  due to:||||
|New residents|||13|8|
|Resignations|||||
|Deaths|||||
||||17|10|
|Average|age of  residents||77|76|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 



## 

## 

## 



## 

||||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Llnrestricted|Restricted|Total|Total|
||||||||funds|funds|funds|funds|
|||||||Notes|{||||
|INCOME<br>|AND<br>||ENDOWMENTS||FROM||||||
|Donations<br>|and legacies|||||3|24,927||24,927|193|
|Charitable||activities||||5|||||
|Charges to|residents||||||508,421||508,421|506,664|
|Governance||costs|||||I ,668||I ,668||
|Income from||laundry|||||I ,704||I ,704|2,077|
|Electric sales|||||||97, 170||97, 170|94,039|
|Investment<br>|income|||||4|8,404||8,404|4,790|
|Total|||||||642,294||642,294|607,763|
|EXPENDITURE|||ON||||||||
|Raising<br>funds|||||||||||
|Other trading||activities||||6|309,449||309,449|279,518|
||||||||309,449||309,449|279,518|
|Charitable||activities||||7|||||
|Governance||costs|||||206,981||206,981|228,817|
|Total|||||||516,430||516,430|508,335|
|Net gains/(losses)<br>|||on investments||||(7,409)||(7,409)|17,781|
|NET INCOME|||||||118,455||118,455|117,209|
|RECONCILIATION||||OF  FUNDS|||||||
|Total<br>funds||brought<br>||forward|||1,535,327|80,023|1,615,350|I ,498,  141|
|TOTAL<br>FUNDS|||CARRIED<br>||FORWARD||I ,(i53,782|80,023|I ,733,805|1,615,350|
|CONTINUING|||OPERATIONS||||||||





## 

||||||||2020||2019|
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||Total||Total|
|||||funds|funds||funds||funds|
||||Notes|{||||||
|FIXED<br>|ASSETS|||||||||
|Tangible|assets||13|565,563|76,205||641 ,768||77 I , I 10|
|Investments|||14|312,507|||312,507||316,730|
|||||878,070|76,205||954,275|I ,087,840||
|CURRENT<br>ASSETS||||||||||
|Debtors|||IS|55,610|||55,610||576|
|Cash at|bank|||760,963|3,BIB||764,78 I||557,706|
|||||816,573|3,818||820,391||558,282|
|CREDITORS||||||||||
|Amounts|falling  due|within one  year|16|(40,861)|||(40,861)||(30,772)|
|NET CURRENT<br>||ASSETS||775,712|3,818||779,530||527,510|
|TOTAL|ASSETS<br>|LESS CURRENT||||||||
|LIABILITIES||||I ,653,782|80,023|I ,733,805|||I ,615,350|
|NET ASSETS||||I ,653,782|80,023|I ,733,805|||I ,615,350|
|FUNDS|||17|||||||
|Unrestricted<br>funds||||||I ,653,782|||1,535,327|
|Restricted|funds||||||80,023||80,023|
|TOT<br>AL|FUNDS|||||I ,733,805|||I ,61 5,350|





## 

|||||2020|2019|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows from<br>operating<br>|activities|||||
|Cash generated<br>from operations||||151 ,277|182,867|
|Net cash provided by operating|activities|||151 ,277|182,867|
|Cash flows from<br>investing<br>|activities|||||
|Purchase of tangible fixed assets||||50,580||
|Purchase of  fixed  asset  investments||||(7,532)|(3,966)|
|Sale of  fixed asset  investments||||I I ,755|(12,904)|
|Sale of  investment<br>property||||(1,467)|17,781|
|Sale of  social  investments||||(5,942)||
|Interest received||||873|1,107|
|Dividends received||||7,531|3,683|
|Net cash provided by investing|activities|||55,798|5,701|
|Change<br>in cash and cash equivalents<br>||in the||||
|reporting<br>period||||207,075|188,568|
|Cash and cash equivalents<br>|at  the beginning|||||
|of  the reporting<br>period||||557,706|369,138|
|Cash and cash equivalents<br>|at  the end|of||||
|the reporting<br>period||||764,7EI I|557,706|





## 

|RECONCILIATION|OF  NET|INCOME|TO NET CASH|FLOW|FROM OPERATING|ACTIVITIES||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||{|{|
|Net income<br>for the|reporting<br>|period<br>|(as per the  Statement|of|Financial|||
|Activities)||||||118,455|117,209|
|Adjustments<br>for:||||||||
|Depreciationcharges||||||78,762|99,274|
|Losses/(gain)oninvestments||||||7,409|(17,780)|
|Interest received||||||(873)|(1, 107)|
|Dividendsreceived||||||(7,531)|(3,683)|
|(Increase)/decreaseindebtors||||||(55,034)|423|
|Increase/(decrease)increditors||||||10,089|(11,469)|
|Net cash  provided<br>|by operations|||||151 ,277|182,867|



## 

|||At I / IO/ 19|Cash flow|At  30/9/20|
|---|---|---|---|---|
|Net|cash||||
|Cash|at bank|557,706|207,075|764,78  I|
|||557,706|207,075|764,78  I|
|Total||557,706|207,075|7(:,4,7El I|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

|Freehold property|not  provided|
|---|---|
|Improvements<br>to property|IO% on cost|



## 

## 



## 

## 

|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|Donations||||||||
|Grants||||||24 927||
|||||||24 927|193|
|Grants received,||included in the  above,  are as follows:||||||
|||||||2020|2019|
|Lottery<br>|funding|||||9,893||
|Coronavirus Job||Retention|scheme|||5 034||
|||||||24,927||
|INVESTMENT<br>||INCOME||||||
|||||||2020|2019|
|UK  listed  investments||||||4,786|2,958|
|Overseas listed investments||||||2,745|725|
|Deposit|account|interest||||873||
|||||||8,404|4,790|
|INCOME|FROM|CHARIT|ABLE<br>|ACTIVITIES||||
||||||Charges||Income|
|||||||Governance|from|
||||||residents|costs|laundry|
|Charges|to residents||||508,42|||
|Income|from laundry||||||I ,704|
|Hall rental||||||I ,668||
|Electric|charges  to residents|||||||
|RHI||||||||
||||||508,421|I ,668|I ,704|





## 

|INCOME||FROM||CHARITABLE|ACTIVITIES|- continued||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
||||||||Electric|Total|Total|
||||||||sales|aCtlVltleS|actmties|
|Charges|to residents|||||||508,42|506.664|
|Income|from laundry|||||||704|2.077|
|Hall rental||||||||668||
|Electric|charges to residents||||||79, 165|79 I65|76,298|
|RHI|||||||18,005|8,005|17,741|
||||||||97, 170|608,%3|602,780|
|OTHER||TRADING||ACTIVITIES||||||
|||||||||2020|2019|
|Heating|costs|||||||2,457||
|Staff  costs||||||||23 474|28,137|
|Rates and||water||||||2,637|2,693|
|Insurance||||||||4,520|15, 134|
|Background||heating||||||23 634|94,940|
|Garden|maintenance|||||||050|4,045|
|Water<br>|charges|||||||28,235|26,582|
|Cleaning||||||||2,777|2,883|
|Routine|maintenance|||||||32,943|36,608|
|Property|repairs|||||||67 722|68,496|
|||||||||309,449|279,518|
|CHARIT||ABLE<br>|ACTIVITIES<br>||COSTS|||||
||||||||||Support|
||||||||||costs  (see|
||||||||||note 8)|
|Governance||costs|||||||20(+,98I|





## 

## 

## 

## 

## 

|||2020|2019|
|---|---|---|---|
|||l||
|Wages|and salaries|103,749|3017|
|Social|security costs|7,582|5 108|
|Other|pension costs|7, 126|5 949|
|||118,457|124,074|



||2020||2019||
|---|---|---|---|---|
|Administration||2||3|
|Cleaning||2||2|
|Caretaker||I||I|
|Garden maintenance||I||2|
|||6||8|





|COMPARATIVES||FOR THE|STATEMENT|OF FINANCIAL|ACTIVITIES||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted||Total|
||||||funds|funds||funds|
|INCOME<br>AND<br>|ENDOWMENTS||FROM||||||
|Donations<br>and legacies|||||193|||193|
|Charitable<br>activities|||||||||
|Charges to residents|||||506,664|||506,664|
|Income from laundry|||||2,077|||2,077|
|Electric sales|||||94,039|||94,039|
|Investment<br>income|||||4,790|||4,790|
|Total|||||607,763|||607,763|
|EXPENDITURE|ON||||||||
|Raising<br>funds|||||||||
|Other trading activities|||||279,518|||279,518|
||||||279,518|||279,518|
|Charitable<br>activities|||||||||
|Governance<br>costs|||||228,817|||228,817|
|Total|||||508,335|||508,335|
|Net gains on investments|||||17,781|||17,781|
|NET INCOME|||||117,209|||117,209|
|RECONCILIATION||OF FUNDS|||||||
|Total<br>funds brought||forward|||I ,418,  118|80,023|I ,498,  141||
|TOTAL<br>FUNDS|CARRIED<br>||FORWARD||1,535,327|80,023|I ,615,350||





## 

## 

## 

||||||mprovements||
|---|---|---|---|---|---|---|
|||||**Freehold**|tO||
|||||**property**|property|**Totals**|
||COST||||||
||At  I October<br>|2019||76,205|992,727|068,932|
||Additions||||(50,580)|(50,580)|
||At  30 September||2020|76,205|942, 147|018,352|
||DEPRECIATION||||||
||At  I October<br>|2019|||297,822|297,822|
||Charge for  year||||78,762|78,762|
||At  30 September||2020||376,584|376,584|
||NETBOOKVALUE||||||
||At  30 September||2020|76,205|565,563|641 ,768|
||At  30 September||2019|76,205|694,905|771,110|
|14.|FIXED<br>ASSET||INVESTMENTS||||
|||||||Listed|
|||||||investments|
||MARKETVALUE||||||
||At  I October<br>|2019||||316,730|
||Additions|||||7,532|
||Disposals|||||(4,346)|
||Revaluations|||||(7,409)|
||At  30 September||2020|||312,507|
||NET BOOK<br>|VALUE|||||
||At  30 September||2020|||312,507|
||At  30 September||2019|||316,730|





## 

## 

|Analysis<br>|of|investment|investment|investment||assets||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Assets in|the||UK|||||||||179,810|224,616|
|Assets outside||||the UK||||||||132,697|92, 114|
|||||||||||||312,507|316,730|
|DEBTORS:|||AMOUNTS|||FALLING<br>|DUE WITHIN<br>|ONE|YEAR|||||
|||||||||||||2020|2019|
|Other debtors||||||||||||6,206|576|
|VAT||||||||||||49 404||
|||||||||||||55,610|576|
|CREDITORS:||||AMOUNTS||FALLING|DUE WITHIN|ONE YEAR||||||
|||||||||||||2020|2019|
|Taxation|and||social  security|||||||||||
|Other creditors||||||||||||39,527|30,772|
|||||||||||||40,861|30,772|
|MOVEMENT||||IN  FUNDS||||||||||
|||||||||||||Net||
|||||||||||At||movement||
|||||||||||I / I O/ 19||in funds|30/9/20|
|||||||||||l||||
|Unrestricted||||funds||||||||||
|Restricted|investment||||fund|||||250,|180|58,761|308,941|
|Free investment||||fund||||||I ,207,620||117,523|1,325,143|
|Cyclical maintenance<br>|||||fund|||||SS,446||(34,663)|20,783|
|Extraordinary||||repair fund||||||21,691||(23,166)|(1,475)|
|Property<br>|maintenance||||fund||||||390||390|
|||||||||||I ,535,327||118,455|I ,653,782|
|Restricted||funds||||||||||||
|Property<br>|endowment<br>||||fund|||||50,023|||50,023|
|Mortgage|redemption<br>||||fund|||||30,000|||30,000|
|||||||||||80,023|||80,023|
|TOTALFUNDS||||||||||1,615,350||I I 8,455|I ,733,805|





## 

## 

## 

|||||Incoming|Resources|Gains  and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|||||L||||
|Unrestricted||funds||||||
|Restricted<br>|investment||fund|210,800|(149,569)|(2,470)|58,761|
|Free investment||fund||421 ,601|(299, 139)|(4,939)|117,523|
|Cyclical maintenance<br>|||fund||(34,663)||(34,663)|
|Extraordinary||repair|fund|9,893|(33,059)||(23,166)|
|||||642,294|(516,430)|(7,409)|118,455|
|TOTALFUNDS||||642,294|(516,430)|(7,409)|118,455|



|||||Net||
|---|---|---|---|---|---|
|||||movement||
||||1/10/18|in funds|30/9/19|
|Unrestricted<br>funds||||||
|Restricted|investment|fund|188,278|61 ,902|250,  180|
|Free investment<br>fund|||1,083,817|123,803|1,207,620|
|Cyclical|maintenance<br>|fund|68,826|(13,380)|55,446|
|Extraordinary<br>repair||fund|76,807|(55,116)|2 1 ,691|
|Propeity|maintenance|fund|390||390|
||||I ,418,  118|117,209|I ,535,327|
|Restricted|funds|||||
|Property|endowment|fund|50,023||50,023|
|Mortgage|redemption|fund|30,000||30,000|
||||80,023||80,023|
|TOT<br>AL|FUNDS||li498il41|117,209|I ,615,350|





## 

## 

||||Incoming|Resources|Gains  and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||{|{|||
|Unrestricted|funds||||||
|Restricted<br>|investment|fund|202,589|(146,614)|5,927|61 ,902|
|Freeinvestmentfund|||405,174|(293,225)|I I ,854|123,803|
|Cyclical maintenance<br>||fund||(13,380)||(13,380)|
|Extraordinary|repair|fund||(55, 116)||(55, I 16)|
||||607,763|(SOB,335)|17,781|117,209|
|TOT<br>AL FUNDS|||607,763|(508,335)|17,781|117,209|



||||||Net||
|---|---|---|---|---|---|---|
||||||movement||
|||||1/10/18|in funds|30/9/20|
|Unrestricted<br>funds|||||||
|Restricted|investment|fund||188,278|120,663|308,941|
|Free investment<br>fund|||I ,083,817||241,326|1,325,143|
|Cyclical|maintenance<br>|fund||68,826|(48,043)|20,783|
|Extraordinary<br>repair||fund||76,807|(78,282)|(1,475)|
|Property|maintenance|fund||390||390|
||||I ,418,  118||235,064|I ,653,782|
|Restricted|funds||||||
|Property|endowment|fund||50,023||50,023|
|Mortgage|redemption|fund||30,000||30,000|
|||||80,023||80,023|
|TOTALFUNDS|||I ,498,  141||235,664|I ,733,805|





## 

## 

|||||ncoming|Resources|Gains  and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
||||||L|||
|Unrestricted||funds||||||
|Restricted<br>|investment||fund|413,389|(296,  183)|3,457|120,663|
|Free investment||fund||826,775|(592,364)|6,91 S|241,326|
|Cyclical maintenance<br>|||fund||(48,043)||(48,043)|
|Extraordinary||repair|fund|9,893|(88,175)||(78,282)|
|||||,250 057|(I ,024,765)|10,372|235,664|
|TOT<br>AL FUNDS||||,250  057|(I ,024,765)|10,372|235,664|



## 



## 

|||2020|2019|
|---|---|---|---|
|INCOME<br>AND|ENDOWMENTS|||
|Donations<br>and|legacies|||
|Donations|||193|
|Grants||24,927||
|||24,927|193|
|Investment<br>income||||
|UK  listed  investments||4,7E16|2,958|
|Overseas listed|investments|2,745|725|
|Deposit account|interest|873|I , 107|
|||8,404|4,790|
|Charitable<br>activities||||
|Charges to residents||508,421|506,664|
|Income from laundry||I ,704|2,077|
|Hall rental||I ,668||
|Electric charges|to residents|79, 165|76,298|
|RHI||18,005|11741|
|||608,963|602,780|
|Total<br>incoming|resources|642,294|607,7(:i3|
|EXPENDITURE||||
|Other<br>trading|activities|||
|Heating costs||12,457||
|Wages||20,863|26,275|
|Social security||I ,542|91 I|
|Pensions||I ,069|951|
|Rates and water||2,637|2,693|
|Insurance||14,520|IS, 134|
|Background<br>heating||123,634|94,940|
|Garden maintenance||1,050|4,045|
|Water charges||28,235|26,582|
|Cleaning||2,777|2,883|
|Routine maintenance||32,943|36,608|
|Carried forward||241 ,727|21I  ,022|





## 

||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
|Other<br>trading|activities||||||||
|Brought<br>forward|||||||241 ,727|211 ,022|
|Property<br>repairs|||||||67,722|68,4%|
||||||||309,449|279,518|
|Support<br>costs|||||||||
|Governance<br>|costs||||||||
|Salaries|||||||82,886|86,742|
|Social security|||||||6,040|4,197|
|Pensions|||||||6,057|4,998|
|Brokers<br>fees|||||||4,347|4,878|
|Bank charges|and interest||||||306|927|
|Legal  and professional||fees|||||2,768||
|General<br>administration,|||stationery||telephones|etc.|16,017|18,549|
|Accountancy|||||||9,798|9,252|
|Depreciation|||||||78,762|99,274|
||||||||206,981|228,817|
|Total resources<br>|expended||||||516,430|SOB,335|
|Net income<br>before<br>||gains<br>||and losses|||125,864|99,428|
|Realised<br>recognised||gains||and|losses||||
|Unrealised<br>gains|on investments||||||(1,467)|17,781|
|Realised gains/(losses)<br>||on|programme||related||||
|investments|||||||(5,942)||
|Net income|||||||118,455|117,209|