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2020-12-31-accounts

SIR JOHN LEWIS’S HOSPITAL CHARITY

ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020

Charity Commission Reference Number 223768

SIR JOHN LEWIS'S HOSPITAL CHARITY

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CONTENTS

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Page
Legaland administrative information 1
Trustees' report 2
Statementoftrustees’ responsibilities 3
Independent examiner's report 4
Statement offinancial activities 5-6
Statement offinancial position t
Notestothefinancialstatements 8-15

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SIR JOHN LEWIS'S HOSPITAL CHARITY

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LEGAL AND ADMINISTRATIVE INFORMATION

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Trustees MrsBJackson
Mrs S Palmer
ReverendARobinson
Mrs J Bennett
Charity number 223768
Principal address RegentHouse
13-15Albert Street
Harrogate
HG1 1JX
Independentexaminer N ClemitACA, FCCA
JWPCreers LLP
Chartered Accountants
Genesis 5
Church Lane
York
YO105DQ
Bankers NatWestBank Pic
1 Market Street
York
YO1 8SR
Clerktothetrustees KHoughtonMRICS FAAV
CarterJonas
Regent House
13-15 Albert Street
Harrogate
HG11JX

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SIR JOHN LEWIS'S HOSPITAL CHARITY

TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

SSE

The trustees present their report and financial statements for the year ended 31 December 2020.

The financial statements have been prepared in accordance with the accounting policies set out in note 4 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019".

The legal and administrative information page forms part of this report.

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|||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Objectives|and|activities| |The|charity's|objects are the|provision|of eleven almshouses|for poor persons of good|character,|who have|resided|for not|less|than| |three|years|preceding|appointment,|within|the areas|of West Yorkshire designated|in|the|Trust|Deed.| |Under|the|terms|of|the|Trust|Deed,|almspeople|are|required|to|contribute|towards|the|cost|of|maintaining|the|almshouses.|These| |maintenance|contributions|form|the|main|source|of income|of the|charity.|Other|income|includes|an|annual|donation|from|The|Lady| |Elizabeth|Hastings|Non-Educational|Charity|to|be|utilised|for the|benefit|of the almspeople|as and when required.| |Monies|invested|at the|present time|will|be|utilised|in|future|years|for major repairs|and|refurbishment of the almshouses.,| |The|freehold|property|of the|charity|consists|of eleven|almshouses|valued,|in|the|year|to|31|December 2014,|at|£105,909 each,|total| |value £1,165,000.|No cost|is|attributable|to|these|properties.| |The|trustees|have|paid due regard|to guidance|issued|by the Charity Commission|in|deciding what activities|the charity should| |undertake.| |Achievements|and|performance| |The|charity|has|continued|to|provide|almshouses|for|persons|of|limited|means|and|good|character.|The|trustees|continue|to|meet| |their|objectives|in|providing|low|cost|housing|in|the|villages|for|local|residents|of|limited|income|and|are|also|fulfilling|their| |responsibilities|to|repair the|building.| |Financial|review| |Income|decreased|from|£46,715|in|2019|to|£46,653|in|2020|mainly|due|to|an|decrease|in|the|investment|income.|Expenditure|has| |decreased|from|£34,424|in 2019 to|£28,304|in|2020.|This|is due|to|significant|repairs|and|maintenance|costs|in|2019.| |Free|reserves|at|31|December 2020|are|£107,116.|

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Reserves policy

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||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The reserves|held|by|the|charity are needed|to|provide|the|necessary|income,|additional|to the|residential|contributions,|to|allow a| |reasonable|level of charitable|activities to be|carried|out.|As can be|seen from the|accounts|this|is|currently|being achieved|and|the| |amount|held|in|the|reserves|is|felt|to|be adequate|and|correct.|

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Risk management

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity was established under a Charity Commission schemes dated 19 May 1871, 20 May 1960 and 4 February 1986.

Appointment of Trustees

The charity has two ex officio trustees, namely the Vicar of Ledsham and the owner of the Manor of Ledston. The trustees of the Wheler Foundation have directed one appointment. Other trustees are co-opted but must either reside or carry on business in the area of Ledsham.

The trustees’ report was approved by the Board of Trustees.

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Mrs B Jackson LW Saher
Trustees a
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Date: 28 July 2021

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SIR JOHN LEWIS'S HOSPITAL CHARITY

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 DECEMBER 2020

SSeS

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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SIR JOHN LEWIS'S HOSPITAL CHARITY

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SIR JOHN LEWIS'S HOSPITAL CHARITY

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| report to the trustees on my examination of the financial statements of Sir John Lewis's Hospital Charity (the charity) for the year ended 31 December 2020.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

| report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act: or 2 the financial statements do not accord with those records; or

3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

lemit ACA, FCCA

JWPCreers LLP

Chartered Accountants

Genesis 5

Church Lane York

YO10 5DQ

Dated: 28 July 2021

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SIR JOHN LEWIS'S HOSPITAL CHARITY

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2020

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CURRENT FINANCIAL YEAR

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|||||||||| |---|---|---|---|---|---|---|---|---| |Unrestricted|Unrestricted|Endowment|Total|Total| |funds|funds|funds| |general|designated| |2020|2020|2020|2020|2019| |Notes|£|£|£|£|£| |Income| |Donations and legacies|3|8,064|-|-|8,064|8,041| |Charitable|activities|4|36,960|-|-|36,960|36,960| |Investments|5|1,540|89|-|1,629|1,714| |Total income|46,564|89|-|46,653|46,715| |Expenditure| |Charitable|activities|6|28,304|-|-|28,304|34,424| |Net gains/(losses)|on|investments|10|(527)|1,473|(640)|306|11,161| |Net income/(expenditure)|before transfers|17,733|1,562|(640)|18,655|23,452| |Gross|transfers|between|funds|.|-|-|-|-| |Net movement|in funds|17,733|1,562|(640)|18,655|23,452| |Fund balances at|1|January 2020|107,751|59,213|1,173,568|1,340,532|1,317,080| |Fund balances|at|31|December 2020|125,484|60,775|1,172,928|1,359,187|1,340,532|

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The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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SIR JOHN LEWIS'S HOSPITAL CHARITY

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

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PRIOR FINANCIAL YEAR

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||||||||| |---|---|---|---|---|---|---|---| |Unrestricted|Unrestricted|Endowment|Total| |funds|funds|funds| |general|designated| |2019|2019|2019|2019| |Notes|£|£|£|£| |Income| |Donations and legacies|3|8,041|:|-|8,041| |Charitable|activities|4|36,960|.|-|36,960| |Investments|5|1,540|174|-|1,714| |Total|income|46,541|174|-|46,715| |Expenditure| |Charitable activities|6|34,424|-|-|34,424| |Net gains/(losses)|on|investments|10|-|10,140|1,021|11,161| |Net income/(expenditure)|before transfers|12,117|10,314|1,021|23,452| |Gross transfers between funds|7,057|(7,057)|-|-| |Net movement|in funds|19,174|3,257|1,021|23,452| |Fund balances at|1|January 2019|88,577|55,956|1,172,547|1,317,080| |Fund balances at 31|December 2019|107,751|59,213|1,173,568|1,340,532|

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The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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SIR JOHN LEWIS'S HOSPITAL CHARITY

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2020

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2020 2019
Notes £ £ £ £
Fixed assets
Tangibleassets 11 1,176,838 1,176,838
Investments 12 74,287 73,982
1,251,125 1,250,820
Current assets
Debtors 14 998 1,034
Cash atbankand inhand 114,384 93,124
115,382 94,158
Creditors: amounts fallingduewithinoneyear 15 (7,320) (4,446)
Netcurrentassets 108,062 89,712
Totalassets lesscurrentliabilities 1,359,187 1,340,532
Capitalfunds
Endowmentfunds 16 1,172,928 1,173,568
Income funds
Unrestrictedfunds -designated 17 60,775 59,213
Unrestrictedfunds -general 125,484 107,751
1,359,187 1,340,532
Thefinancialstatementswereapproved bytheTrusteeson28July2021
Mrs B Jackson
Trustee		 viAesSackler
:		 :

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SIR JOHN LEWIS'S HOSPITAL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Charity information

Sir John Lewis's Hospital Charity is a charity registered with the Charity Commission for England and Wales.

1.1. Accounting convention The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (issued in October 2019)" and the Financial Reporting Standard applicable in the United kingdom and Repulic of Ireland (FRS 102). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investments at fair value. The principal accounting policies adopted are set out below. 1.2 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. The designated fund comprises those funds set aside by the trustees out of income funds for specific future purposes or projects.

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||||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The|endowment|fund|represents|those|assets|which|must|be|held|permanently|by|the|charity,|comprising|freehold|property|and| |investments.|Income|arising|from|the|endowment fund|can|be|used|in|accordance|with|the|objects|of the|charity and|is|included| |as unrestricted|income.|Any|capital|gains or losses arising on|the investments|form|part|of the fund.| |1.3.|income| |All|incoming|resources|are|included|in|the|SOFA|when|the|charity|is|legally|entitled|to|the|income|and|the|amount|can|be| |quantified with|reasonable|accuracy.| |1.4|Expenditure| |All|expenditure|is|accounted|for on|an|accruals|basis|and|has|been|classified|under|headings|that|aggregate|all|costs|related|to| |the|category.| |Charitable|activities|include|those costs|incurred|by the|charity|in|the delivery|of its|activities|and|services.| |1.5|Tangible|fixed|assets| |Tangible|fixed|assets|are|initially measured|at cost and subsequently|measured|at cost or valuation.| |1.6|Fixed|asset|investments| |Fixed|asset investments|are|initially|measured|at transaction|price|excluding|transaction|costs,|and|are|subsequently|measured|at| |fair value|at each|reporting|date.|Changes|in|fair value are|recognised|in|net|income/{expenditure)|for|the|year.|Transaction|costs| |are|expensed|as|incurred.| |1.7|Cash|and cash|equivalents| |Cash|and|cash|equivalents|include cash|in|hand,|deposits|held|at|call|with|banks,|other|short-term|liquid|investments|with|original| |maturities|of three|months|or|less,|and|bank|overdrafts,|Bank|overdrafts|are shown|within|borrowings|in|current|liabilities.|

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SIR JOHN LEWIS'S HOSPITAL CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

1 Accounting policies

(Continued)

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financia! instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities Basic financial liabilities are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or tess. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Total Total
2020 2019
£ £
Donationsandgifts 8,064 8,041
Donations and gifts
LadyElizabeth Hastings Non-EducationalCharity
Ledsham Parish Council		 7,944
120		 7,818
223
8,064 8,041

«5%

, SIR JOHN LEWIS'S HOSPITAL CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

4 Charitable activities

Maintenance contributions from Almspeople

Charitable
activities		 Charitable
activities
2020 2019
£ £
36,960 36,960

5 Investments

Unrestricted Unrestricted Total Unrestricted Unrestricted Total
funds funds funds funds
general designated general designated
2020 2020 2020 2019 2019 2019
£ £ £ £ £ £
Income from listed
investments
Interestreceivable		 1,540
-		 -
89		 1,540
89		 1,540
-		 -
174		 1,540
174
1,540 89 4,629 1,540 174 1,714

6 Charitable activities

Almshouse Almshouse
expenditure expenditure
2020 2019
£ £
Maintenanceofalmshouses 8,752 14,351
Heating costs 7,976 8,392
Ratesandwater 2,306 2,191
Outside lighting
Sundry expenses		 264
68		 434
79
19,366 25,447
Shareofsupportcosts(see note7)
Share ofgovernance costs (seenote 7)		 7,917
1,021		 7,942
1,035
28,304 34,424

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SIR JOHN LEWIS'S HOSPITAL CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

7 Support costs

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|||||||||| |---|---|---|---|---|---|---|---|---| |2020|2019| |Supportcosts|Governance|2020|Support|costs|Govemance|2019| |costs|costs| |£|£|£|£|£|£| |Carter|Jonas|- Charge|and| |expenses|7,243|-|7,243|7,064|-|7,064| |Subscriptions|216|-|216|410|:|410| |Accountancy fee|458|-|458|468|-|468| |Independent examiners fee|-|688|688|-|702|702| |Trustee|indemnity|insurance|-|333|333|-|333|333| |7,917|1,021|8,938|7,942|1,035|8,977| |Analysed|between| |Charitable activities|7,917|1,021|8,938|7,942|4,035|8,977|

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8 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

9 Employees

There were no employees during the year.

10 Net gains/(losses) on investments

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Unrestricted Unrestricted Endowment Total
funds funds funds
general designated
2020 2020 2020 2020
£ £ £ £
Revaluation of investments {527) 1,473 (640) 306
Unrestricted Unrestricted Endowment Total
funds funds funds
general designated
2019 2019 2019 2019
£ £ £ £
Revaluation of investments - 10,140 4,021 11,161
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‘ SIR JOHN LEWIS'S HOSPITAL CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

11 Tangible fixed assets

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||||||| |---|---|---|---|---|---| |Freehold|Car|Park|Total| |Property| |£|£|£| |Cost|or|valuation| |At|1|January 2020|1,165,000|11,838|1,176,838| |At 31|December 2020|1,165,000|11,838|1,176,838| |Carrying|amount| |At 31|December 2020|1,165,000|11,838|1,176,838| |At 31|December 2019|1,165,000|11,838|1,176,838|

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The Car Park is situated on land leased from Ledston Estate on a 99 year tease at an annual rent of £5.

The freehold property was valued on 31 December 2014 by Carter Jonas, Chartered Surveyors, on an open market basis in accordance with the guidelines issued by the Royal Institution of Chartered Surveyors.

At 31 December 2020, had the revalued assets been carried at historic cost less accumulated depreciation and accumulated impairment losses, their carrying amount would have been £0 (2019 £0)

12 Fixed asset investments

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||||||||| |---|---|---|---|---|---|---|---| |43994,215|180.41|COIF|Total| |NAACIF|income|accumulation| |units|units| |£|£|£| |Valuation| |At|1|January 2020|39,757|34,225|73,982| |Valuation changes|(2,970)|3,275|305| |At 31|December 2020|36,787|37,500|74,287| |Carrying|amount| |At 31|December 2020|36,787|37,500|74,287| |At 31|December 2019|39,757|34,225|73,982| |13|Financtal instruments|2020|2019| |£|£| |Carrying|amount of financial|assets| |Instruments|measured|at|fair value|through|profit or loss|36,787|39,757|

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‘ SIR JOHN LEWIS'S HOSPITAL CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

14 ~+Debtors
2020 2019
Amounts fallingduewithinoneyear: £z £
Otherdebtors 45 38
Prepayments and accrued income 953 996
998 1,034
15 Creditors: amounts fallingduewithinoneyear
2020 2019
£ £
Tradecreditors 4,724 1,856
Accrualsand deferred income 2,596 2,590
7,320 4,446

16 Endowment funds

Endowment funds represent assets which must be held permanently by the charity. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund.

Balance at Revaluations Balance at Revaluations Balance at
1 January 2019 gains and? January2020 gains and 31 December
losses losses 2020
£ £ £ £ £
Permanentendowments
Endowmwntfund 1,172,547 1,021 1,173,568 (640) 1,172,928
1,172,547 1,021 1,173,568 (640) 1,172,928

The endowment fund represents land containing 2 roods and 5 perches or thereabouts situated at Ledsham in the County of West Yorkshire with eleven almshouses therefore and 9,482 NAACIF income units.

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SIR JOHN LEWIS'S HOSPITAL CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

17 —_ Unrestricted funds - designated

These are unrestricted funds which are material to the charity's activities made up as follows:

Movement in funds Movement in funds Movement in funds
Balance at Incoming Resources Revaluations, Balance at
1 January 2020 resources expended gains and 31 December
losses 2020
£ £ £ £ £
Extraordinary repairfund 58,373 82 - 1,473 59,928
Cyclical maintenance fund 840 7 - - 847
59,213 89 - 1,473 60,775
Movement in funds
Balance at Incoming Resources Revaluations, Balance at
1 January2019 resources expended gainsand 31 December
losses 2019
£ £ £ £ £
Extraordinary repairfund 55,122 168 (7,057) 10,140 58,373
Cyclical maintenance fund 834 6 - - 840
55,956 174 (7,057) 40,140 59,213

The extraordinary repair fund and the cyclical maintenance fund have been designated by the trustees for major repairs and refurbishment of the almshouses.

18 Analysis of net assets between funds

Analysis of net assets betweennet assets betweenassets betweenbetween funds
Unrestricted Designated Endowment Total
funds funds funds
2020 2020 2020 2020
£ £ £ £
Fund balances at 31 December2020are represented by:
Tangible assets 11,838 - 1,165,000 1,176,838
Investments 6,529 59,830 7,928 74,287
Current assets/(liabilities) 107,117 945 - 108,062
125,484 60,775 1,172,928 1,359,187
Unrestricted Designated Endowment Total
funds funds funds
2019 2019 2019 2019
£ £ £ £
Fund balances at 31 December2019 are represented by:
Tangible assets 11,838 - 1,165,000 1,176,838
Investments 7,057 58,357 8,568 73,982
Current assets/(liabilities) 88,856 856 - 89,712
107,751 59,213 1,173,568 1,340,532

= 44

SIR JOHN LEWIS'S HOSPITAL CHARITY

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

19 — Related party transactions

There were no disclosable related party transactions during the year (2019 - none).

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