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|---|---|---|---|---|
|Trustees'|annual
report||||
|Independent
examiner's|||report to the trustees|10|
|Statement|offinancial||activities||
|Statement|offinancial||position|12|
|Notes to|the financial|statements||13|
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||||||2021|2021||2020|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|||
|||||funds|funds|funds|Total funds|Total funds|
||||Note||||||
|Income and endowments|||||||||
|Donations
and legacies|||4|200|||200|736|
|Charitable
activities|||5|112,583|||112,583|108,818|
|Investment
income|||6|17,585|4,290||21,875|22,431|
|Total income||||130,368|4,290||134,658|131,985|
|Expenditure|||||||||
|Expenditure
on raising funds:|||||||||
|Investment|||||||||
|management|costs||7|68|||68|1,392|
|Expenditure
on|||||||||
|charitable
activities|||8,9|107,903|||107,903|86,896|
|Total expenditure||||107,971|||107,971|88,288|
|Net income||||22,397|4,290||26,687|43,697|
|Transfers between||funds||(64)|64||||
|Other recognised||gains|and|losses|||||
|Net unrealised
gains on|||||||||
|investment
assets||||32,507|9,653||42,160|26,245|
|Net movement
in||funds||54,840|14,007||68,847|69,942|
|Reconciliation offunds|||||||||
|Total funds brought||forward||590,575|155,000|292,668|1,038,243|968,301|
|Total funds carried forward||||645,415|169,007|292,668|1,107,090|1,038,243|
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||||2021|2020||
|---|---|---|---|---|---|
|||Note||||
|FIXEDASSETS||||||
|Tangible fixed assets||15|292,668||292,668|
|Investments||16|772,594||730,434|
||||1,065,262||1,023,102|
|CURRENT ASSETS||||||
|Debtors||17|10,513|7,649||
|Cash at bank and in hand|||68,037|51,780||
||||78,550|59,429||
|CREDITORS: amounts|falling due|||||
|within
one year||||||
|Trade creditors|||5,7SS|9,615||
|Other creditors including|taxation and|||||
|social security||18|76|4,247||
|Accruals and deferred income|||30,858|30,426||
||||36,722|44,288||
|NET CURRENT ASSETS|||41,828||15,141|
|TOTAL ASSETSLESS|CURRENT|||||
|LIABILITIES|||1,107,090||1,038,243|
|NKT ASSETS||21|1,107,090||1,038,243|
|FUNDS OF THK CHARITY||||||
|Endowment
funds|||292,668||292,668|
|Restricted funds|||169,007||155,000|
|Unrestricted
funds|||645,415||590,575|
|Total charity funds||20|1,107,090||1,038,243|
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|DONATIONS
AND LEGA|CIES||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2021|Funds|2020|
|DONATIONS|||||
|Donations|200|200|624|624|
|GRANTS|||||
|Grants receivable|||112|112|
||200|200|736|736|
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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|2021|Funds|2020|
|Almshouses|residents'|contributions|112,583|112,583|108,818|108,818|
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|NVESTMENT INCOME||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
|Rent received|3,090||3,090|
|Income from listed investments|14,456|4,290|1S,746|
|Bank interest receivable|39||39|
||17,585|4,290|21,875|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
|Rent received|3,360||3,360|
|Income from listed investments|14,572|4,390|18,962|
|Bank interest receivable|109||109|
||18,041|4,390|22,431|
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||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|2021|Funds|2020|
|Investment|Management|Costs|68|6S|1,392|1,392|
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|EXPENDI|TURE ON CHARITABLE A|CTIVITIES BYFUND T|YPE||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|Almshouses|costs (see note 10)|88,313||88,313|
|Donations|(see note 11)|14,346||14,346|
|Support costs (see note 12)||5,244||5,244|
|||107,903||107,903|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|Almshouses|costs|64,692|13,519|78,211|
|Donations||3,675||3,675|
|Support costs||5,010||5,010|
|||73,377|13,519|86,896|
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|EXPENDI|TURE ON CHARITAB|LE ACTIVITIE|S BYACTIVI|TY TYPE||
|---|---|---|---|---|---|
|||Activities||||
|||undertaken||Total funds|Total funds|
|||directly|Support costs|2021|2020|
|Almshouses|costs (see note 10)|88,313||SS,313|78,211|
|Donations|(see note 11)|14,346||14,346|3,675|
|Governance|costs (see note 12)||5,244|5,244|5,010|
|||102,659|5,244|107,903|86,896|
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|ANALYSIS OFALM|SHOUS|ES|COSTS||||
|---|---|---|---|---|---|---|
||||||Total 2021|Total 2020|
|Wardens'
salaries and|national|insurance|||27,818|23,235|
|Wardens'
pension costs
Clerks'
salary, national
insurance
Clerks' expenses|||and contractor|costs|2,217
9,358
225|2,640
9,153
308|
|Light, heat, rates and water
Routine maintenance|||||4,846
3,371|(90)
3,539|
|Insurance|||||2,643|2,627|
|Gardening
and cleaning|||||2,870|3,118|
|Legal and professional|||||5,609|5,114|
|Telephone
and other office costs|||||2,129|1,603|
|Residents'
welfare|||||3,329|1,057|
|Advertising|||||294|1,571|
|Seminars and training|||||686|915|
||||||65,395|54,790|
|Cyclical maintenance|||||22,136|10,147|
|Improvements
to the estate
Restricted|||||782|(245)|
|Extraordinary
repairs||||||13,519|
||||||88,313|78,211|
|ANALYSIS OF DONATIONS|||||||
||||||2021|2020|
|Halifax Ministers
Education Trust||||||1,000|
|Calderdale
Smartmove|(Homeless||k, vulnerably|housed charity in|||
|Halifax)|||||500|1,000|
|Percival Whitley Education Trust||||||1,000|
|Minister Christmas
tree||||||175|
|Halifax Opportunities|Trust|||||250|
|Incredible Edible||||||250|
|CFFC Covid 19Fund|||||10,000||
|In memory ofAvril Smith|||||200||
|Vicars|||||606||
|Lecturer|||||840||
|Gathering
Place|||||500||
|Healthy
Minds|||||500||
|Noahs Ark|||||500||
|Happy Days|||||500||
|Halifax Civic Trust|||||200||
|Total donations|||||14,346|3,675|
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|||||2021|2020|
|---|---|---|---|---|---|
|Wardens'
salaries and|national|insurance||1,463|1,223|
|Clerks' salary, national|insurance||and contractor costs|2340|2,288|
|Clerks' expenses||||225|308|
|Bank charges||||66|60|
|Insurance||||380|381|
|Independent
examiners|report|||770|750|
|||||5,244|5,010|
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|STAFF|COSTS|COSTS||||
|---|---|---|---|---|---|
|The total|staff costs and employee||benefits for the reporting|period are analysed
as|follows:|
|||||2021|2020|
|Wardens'|salaries and national
insurance|||29,282|24,458|
|Clerks' salary, national||insurance|and contractor costs|11,698|11,441|
|Employer|contributions|to pension|plans|2217|2,640|
|||||43,197|38,539|
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|No trustee expenses have been incurred.
TANGIBLE FIXEDASSETS||
|---|---|
||Freehold|
||property|
|Cost||
|At 1March 2020 and 28 February 2021|292,668|
|Depreciation||
|At 1March 2020 and 28 February 2021||
|Carrying
amount||
|At 28February 2021|292,668|
|At 29February 2020|292,668|
##
||Listed|Investment||
|---|---|---|---|
||investments|properties|Total|
|Cost or valuation||||
|At 1 March 2020
Additions|676,934|53,500|730,434|
|Fair value movements|42,160||42,160|
|At 28February 2021|719,094|53,500|772,594|
|Impairment||||
|At 1March 2020 and 28February 2021||||
|Carrying
amount||||
|At 28 February 2021|719,094|53,500|772,594|
|At 29February 2020|676,934|53,500|730,434|
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|||Cost|Pair value|Cost|Fair value|
|---|---|---|---|---|---|
|||2021|2021|2020|2020|
|CCLA COIF|Ethical|||||
|Investment
Fund||||||
|(49,629 Income units)||82,113|133,129|82,113|123,814|
|CCLA COIF|Ethical|||||
|Investment
Fund||||||
|(19,654 Income units)||50,000|52,722|50,000|49,033|
|Charibond (33,492||||||
|Income units)
Newton
Growth 2||40,469|41,394|40,469|41,665|
|Income fund|for|||||
|Charities (207,280||||||
|income units)||154,192|297,758|154,192|283,725|
|Sarasin Alpha|CIF for|||||
|Endowments|(145,370|||||
|Income units)||115,000|168,629|115,000|155,255|
|Sarasin Alpha|CIF for|||||
|Endowments|(21,949|||||
|Income units)||25,000|25,461|25,000|23,442|
|||466,774|719,093|466,774|676,934|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|Social|security|and|other|taxes||906|
|Other|creditors||||76|3,341|
||||||76|4,247|
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|||||||Gains and|At|
|---|---|---|---|---|---|---|---|
|||At I Mar 2020|Income|Expenditure|Transfers|losses|28Feb 2021|
|General funds||325,575|130,368|(85,835)|(45,607)|32,507|357,008|
|Cyclical||||||||
|maintenance|fund|||||||
|(CMF)||110,000||(22,136)|32,036||119,900|
|Extraordinary||||||||
|repair fund (EFD-||||||||
|D)||155,000|||13,507||168,507|
|||590,575|130,368|(107,971)|(64)|32,507|645,415|
|||||||Gains and|At|
|||At I Mar2019|Income|Expenditure|Transfers|losses|29 Feb 2020|
|General funds||330,633|127,595|(64,622)|(88,203)|20,172|325,575|
|Cyclical||||||||
|maintenance|fund|||||||
|(CMF)||78,000||(10,147)|42,147||110,000|
|Extraordinary||||||||
|repair fund (EFD-||||||||
|D)||133,786|||21,214||155,000|
|||542,419|127,595|(74,769)|(24,842)|20,172|590,575|
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||||||Gains and|At|
|---|---|---|---|---|---|---|
||At 1 Mar 2020|Income|Expenditure|Transfers|losses|28Feb 2021|
|Extraordinary|||||||
|repair fund (ERF)|155,000|4,290||64|9,653|169,007|
||||||Gains and|At|
||At I Mar 2019|Income|Expenditure|Transfers|losses|29Feb 2020|
|Extraordinary|||||||
|repair fund (ERF)|133,214|4,390|(13,519)|24,842|6,073|155,000|
|||||||||Gains and|At|
|---|---|---|---|---|---|---|---|---|---|
|||At|1|Mar 2020|Income|Expenditure|Transfers|losses|28 Feb 2021|
|Permanent||||||||||
|Endowment|Fund|||292,668|||||292,668|
|||||||||Gains and|At|
|||At|I|Mar 2019|Income|Expenditure|Transfers|losses|29Feb 2020|
|Permanent||||||||||
|Endowment|Fund|||292,668|||||292,668|
##
|ANALYSIS OFN|ET ASSETS|BETWEEN FUNDS||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2021|
|Tangible fixed assets||||292,668|292,668|
|Investments||603,587|169,007||772,594|
|Current assets||78,550|||78,550|
|Creditors less than|1 year|(36,722)|||(36,722)|
|Net assets||645,415|169,007|292,668|1,107,090|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2020|
|Tangible fixed assets||||292,668|292,668|
|Investments||575,434|155,000||730,434|
|Current assets||59,429|||59,429|
|Creditors less than|1 year|(44,288)|||(44,288)|
|Net assets||590,575|155,000|292,668|1,038,243|