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|||||Page|
|---|---|---|---|---|
|Trustees'|report|||1-4|
|Independent<br>examiner's|||report||
|Statement|offinancial|activities|||
|Balance sheet||||7-8|
|Notes to|the financial|statements||9-21|





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||||Unrestricted<br>Unrestricted|Unrestricted<br>Unrestricted|Total|Unrestricted<br>Unrestricted|Unrestricted<br>Unrestricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||general<br>Designated|||general|Designated||
||||repair|funds||repair funds|||
||||2020|2020|2020|2019|2019|2019|
|||Notes|6|f|6|6|6|6|
|f|||||||||
|Charitable<br>activities|||85,572||85,572|81,241||81,241|
|Investment<br>Income|||1,959||1,959|2,095||2,095|
|Total income|||87,531||87,531|83,336||83,336|
|gZgenditurrrm<br>Charitable<br>activities|||50,143|26,304|76,447|44,786|17,404|62,190|
|Net gains/(losses)<br>investments||on<br>11|(1,183)|(3,774)|(4,957)|3,918|1,948|5,866|
|Net incoming|||||||||
|resources before<br>transfers|||36,205|(30,078)|6,127|42,468|(15,456)|27,012|
|Gross transfers|||||||||
|between<br>funds||12|(36,347)|36,347||(35,131)|35,131||
|Net movement|in|funds|(142)|6,269|6,127|7,337|19,675|27,012|
|Fund balances at <br>January 2020||1|329,650|114,188|443,838|322,313|94,513|416,826|
|Fund balances at 31<br>December 2020|||329,508|120,457|449,965|329,650|114,188|443,838|





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|||||2020||2019||
|---|---|---|---|---|---|---|---|
||||Notes|6||F||
|Fixed assets<br>Tangible assets<br>investments|||13<br>14||293,567<br>44,403||296,386<br>48,709|
||||||337,970||345,095|
|Current assets||||||||
|Debtors|||16|5,412||4,655||
|Cash at bank and|in hand|||126,677||117,789||
|||||132,089||122,444||
|Creditors: amounts||falling due within||||||
|one year<br>Loans and overdrafts|||17|402||402||
|Taxation and social security<br>Other creditors<br>Deferred income|||18<br>19|10,234<br>3,314||231<br>13,718<br>2,978||
|||||13,950||17,329||
|Net current assets|||||118,139||105,115|
|Total assets less|current liabilities||||456,109||450,210|
|Creditors: amounts||falling due after||||||
|more than one year<br>Loans and overdrafts|||17|6,144|(6,144)|6,372|(6,372)|
|Nassets|||||449,965||443,838|



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||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
|||||Notes|6||6|6|
|Income|funds||||||||
|~tt|t|d|||||||
|Designated<br>funds<br>General<br>unrestricted|||funds|20|120,457<br>329,508||114,188<br>329,650||
|||||||449,965||443,838|
|||||||449,965||443,838|





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|||2020|2019|
|---|---|---|---|
|||f|8|
|Residents'|Contributions|85,572|81,241|



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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||general|general|
|||2020|2019|
|||8|8|
|Rental|income|43|18|
|Income|from listed investments|1,894|2,077|
|Interest|receivable|22||
|||1,959|2,095|





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|5|Accommodation|Accommodation|Accommodation|Under|Management,|Management,|Management,|Rents and Rent Arrears|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2020|2019|
||||||||||6|5|
||Housing|accommodation|||units||||19|19|
||||||||||19|19|
||Contributions||receivable||excluding||service charges||87,606|85,059|
||Contribution||losses arising|||from voids|||(2,034)|(3,818)|
||||||||||85,572|81,241|
||Rents|in arrears|||||||1,459||





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|Charitable<br>activities||||||||
|---|---|---|---|---|---|---|---|
|||Provision of|Repair|Tots(Provision<br>of||Repair|Total|
|||Almshouse|funds|2020 Almshouse||funds|2019|
|||2020|2020||2019|2019||
||||E|E|E|E|E|
|Depreciation<br>and<br>impairment||2,819||2,819|2,820||2,820|
|Insurances||3,027||3,027|3,406||3,406|
|Light, Heat and Power<br>Water &Sewerage||6,937<br>2,018||6,937<br>2,018|3,163<br>2,517||3,163<br>2,517|
|Day to Day and General<br>Maintenance||7,283||7,283|7,449||7,449|
|Routine Maintenance|||10,949|10,949||10,939|10,939|
|Cyclical Maintenance<br>Call System<br>Loan Interest||6,354<br>341|15,355|15,355<br>6,354<br>341|8,989<br>165|6,465|6,465<br>8,989<br>165|
|Telecommunications||1,315||1,315|1,354||1,354|
|Office &Stationery Costs<br>Professional<br>Fees||151<br>3,900||151<br>3,900|528<br>2,100||528<br>2,100|
|Estate Management<br>Subscriptions|Costs|12,932<br>606||12,932<br>606|7,560<br>324||7,560<br>324|
|||47,683|26,304|73,987|40,375|17,404|57,779|
|Share ofsupport costs<br>(see note 8)||1,020||1,020|2,701||2,701|
|Share ofgovernance<br>(see note 8)|costs|1,440||1,440|1,710||1,710|
|||50,143|26,304|76,447|44,786|17,404|62,190|
|Analysis<br>by fund||||||||
|Unrestricted<br>funds-||||||||
|general||50,143||50,143|44,786||44,786|
|Unrestricted<br>funds-||||||||
|Designated<br>repair funds|||26,304|26,304||17,404|17,404|
|||50,143|26,304|76,447|44,786|17,404|62,190|





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|||Support <br>costs|Governance<br>costs|2020|Support<br>costs|Governance<br>costs|2019|
|---|---|---|---|---|---|---|---|
|||E|f|f|6|E|6|
|Staff costs||1,020||1,020|2,701||2,701|
|Audit fees|||1,440|1,440||1,710|1,710|
|||1,020|1,440|2,460|2,701|1,710|4,411|
|Analysed<br>Charitable|between<br>activities|1,020|1,440|2,460|2,701|1,710|4,411|



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|The average|monthly<br>number<br>ofemployees<br>during<br>|the year was:||
|---|---|---|---|
|||2020|2019|
|||Number|Number|
|Employment|costs|2020<br>6|2019<br>f|
|Wages and|salaries|1,020|2,701|





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|Net gains/(l|osses)<br>|on investments|||||
|---|---|---|---|---|---|---|
|||Unrestricted<br>Unrestricted|Total|Unrestricted|Unrestricted|Total|
|||funds<br>funds||funds|funds||
|||general<br>Designated||general|Designated||
|||repair funds<br>2020<br>2020<br>f<br>6|2020<br>6|2019f|repair funds<br>2019<br>6|2019|
|Revaluation<br>investments|of|(1,183)<br>(3,774)|(4,957)|3,918|1,948|5,866|



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|Tangible fixed assets||||||
|---|---|---|---|---|---|
|||Housing|Housing|Fixtures and|Total|
|||Properties|Association|fittings||
|||(Completed|Grants|||
|||Schemes)||||
|||F||||
|Cost||||||
|At 1 January 2020||507,681|(221,142)|59,987|346,526|
|At 31 December 2020||507,681|(221,142)|59,987|346,526|
|Depreciation<br>and impairment<br>At 1 January 2020<br>Depreciation<br>charged<br>in the year||||50,140<br>2,819|50,140<br>2,819|
|At 31 December 2020||||52,959|52,959|
|Carrying amount<br>At 31 December 2020||507,681|(221,142)|7,028|293,567|
|At 31 December 2019||507,681|(221,142)|9,847|296,386|





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|Fixed asset investment|s||||||
|---|---|---|---|---|---|---|
|||||||Listed|
|||||||investments|
|||||||6|
|Cost or valuation|||||||
|At 1 January 2020<br>Additions||||||48,709<br>651|
|Valuation<br>changes||||||(4,957)|
|At 31 December 2020||||||44,403|
|Carrying<br>amount<br>At 31 December 2020||||||44,403|
|At 31 December 2019||||||48,709|
||||||2020|2019|
||||||6|f|
|Investments<br>at fair value||comprise:|||||
|175 M&G Charity<br>Multi Asset Accumulation<br>Shares<br>12,414 M&G Charity<br>Multi Asset Income Units<br>1,054 M&G Charifund<br>Income Units<br>1,078 Charinco<br>Common<br>Investment<br>Units|||||16,190<br>10,381<br>14,467<br>3,365|16,722<br>11,219<br>17,504<br>3,264|
||||||44,403|48,709|





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|Financial|instruments||||2020f|2019<br>6|
|---|---|---|---|---|---|---|
|Carrying|amount offinancial||assets||||
|Instruments<br>measured||at fair value through||profit or loss|44,403|48,709|
|Debtors|||||||
|Amounts|falling due within one year:||||2020<br>6|2019f|
|Trade debtors|||||2,911|1,418|
|Other debtors|||||464|343|
|Prepayments<br>and accrued income|||||2,037|2,894|
||||||5,412|4,655|
|Loans and overdrafts|||||||
||||||2020|2019|
||||||6|F|
|Other loans|||||6,546|6,774|
|Payable|within one year||||402|402|
|Payable|after one year||||6,144|6,372|
|Amounts|included<br>above which||fall due after five years:||||
|Payable|by instalments||||(4,358)|(4,762)|



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|18|Other creditors falling|Other creditors falling|Other creditors falling|due within one year|due within one year|due within one year|||
|---|---|---|---|---|---|---|---|---|
||||||||2020f|2019<br>8|
||Payments<br>received<br>Trade creditors||on|account|||150<br>8,283|150<br>11,408|
||Accruals|and deferred||income|||1,801|2,160|
||||||||10,234|13,718|
|19|Deferred|income|||||||
||||||||2020|2019|
||||||||8||
||Arising from contributions||||paid|in advance|3,314|2,978|





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|21|Analysis ofnet assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Total|Unrestricted|Designated|Total|
|||funds repair funds|||funds|repair funds||
|||2020<br>6|2020<br>6|2020<br>8|2019<br>F|2019<br>F|2019f|
||Fund balances at 31|||||||
||December 2020 are|||||||
||represented<br>by:<br>Tangible assets<br>investments|293,567|44,403|293,567<br>44,403|296,386|48,709|296,386<br>48,709|
||Current assets/|||||||
||(liabilities)|42,085|76,054|118,139|39,636|65,479|105,115|
||Long term liabilities|(6,144)||(6,144)|(6,372)||(6,372)|
|||329,508|120,457|449,965|329,650|114,188|443,838|



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