## 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 

; 

## CONTENTS 

|ee|ee|
|---|---|
||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 

; 

## LEGAL AND ADMINISTRATIVE INFORMATION 

## ee 

|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<br>Trustees a<br>**----- End of picture text -----**<br>


Date: 28 July 2021 

CC wid « 



## 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: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP: 

- make judgements and estimates that are reasonable and prudent; 

- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

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. 

See ee nen ee 

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## SIR JOHN LEWIS'S HOSPITAL CHARITY 

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

## eee 

| 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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pt<br>**----- End of picture text -----**<br>


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; 

## SIR JOHN LEWIS'S HOSPITAL CHARITY 

## STATEMENT OF FINANCIAL ACTIVITIES 

## FOR THE YEAR ENDED 31 DECEMBER 2020 

## eee 

## 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|

**----- End of picture text -----**<br>


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 

## eee 

## 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|

**----- End of picture text -----**<br>


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

All income and expenditure derive from continuing activities. 

a 1: Ba 



SIR JOHN LEWIS'S HOSPITAL CHARITY 

## STATEMENT OF FINANCIAL POSITION 

## AS AT 31 DECEMBER 2020 

## eee 

||||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<br>Trustee|viAesSackler<br>:||:||||



Sanne 

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

- 1 Accounting policies 

## 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<br>Ledsham Parish Council|7,944<br>120|7,818<br>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<br>activities|Charitable<br>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<br>Interestreceivable|1,540<br>-|-<br>89|1,540<br>89|1,540<br>-|-<br>174|1,540<br>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<br>Sundry expenses|264<br>68|434<br>79|
||19,366|25,447|
|Shareofsupportcosts(see note7)<br>Share ofgovernance costs (seenote 7)|7,917<br>1,021|7,942<br>1,035|
||28,304|34,424|



-10- 



5 

## 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|

**----- End of picture text -----**<br>


## 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<br>funds funds funds<br>general designated<br>2020 2020 2020 2020<br>£ £ £ £<br>Revaluation of investments {527) 1,473 (640) 306<br>Unrestricted Unrestricted Endowment Total<br>funds funds funds<br>general designated<br>2019 2019 2019 2019<br>£ £ £ £<br>Revaluation of investments - 10,140 4,021 11,161<br>**----- End of picture text -----**<br>


mth Ne 



‘ 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|

**----- End of picture text -----**<br>


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|

**----- End of picture text -----**<br>


-12- 



‘ 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. 

-13-- 



## 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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