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|INDEX||PAG E|
|---|---|---|
|TRUSTEES REPORT||1-5|
|INDEPENDENT
EXAMINER'S REPORT TO THE TRUSTEES|||
|STATEMENT OF FINANCIAL|ACTIVITIES||
|BALANCE SHEET|||
|NOTES TO THE FINANCIAL|STATEMENTS|9-19|
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|Charity|name|name||York City Charities|||
|---|---|---|---|---|---|---|
|Charity|number|||224227|||
|Correspondence|||address:|19Clillord Street|||
|||||YORK|||
|||||YO1 9RJ|||
|Charity|address:|||Folhergil
Homes|||
|||||41 Avenue Road|||
|||||YORK|||
|||||YO30 6AY|||
|The trustees||ofthe charity are:||Mm A Hamilton
(Chair)|||
|||||Mm M Browne|||
|||||Mr
I Carslairs OBE|||
|||||Councigor S H Daubenay|||
|||||Mr C N Jacques|||
|||||Mr FA Johnson|||
|||||Councillor
D Myers|||
|||||Mrs ERamage|||
|Clerk:||||Mr M Richard Watson|||
|Warden:||||Dawn Green|||
|Professional||Advisers:|||||
|Bankers:||||HSBC Bank PLC|CAF|Cash Limited|
|||||13Parliament
Street|Kings|Hill|
|||||YORK|West|Mailing|
|||||YO1 8XS|Kent|ME194TA|
|||||Scotlish Widows|||
|||||PO Box12757|||
|||||67 Morrison Drest|||
|||||Edinburgh|||
|||||EH3 8YJ|||
|Solidtors:||||Cromtse Wilkinson|||
|||||19Clillord Street|||
|||||YORK YO19RJ|||
|Independent||erra|miner:|N Clemit ACA, FCCA|||
|||||JWPCmers
LLP|||
|||||Chartered
Accountants|||
|||||Genesis 5|||
|||||Church Lane|||
|||||Hesllngton|||
|||||York YO105DQ|||
|Investrrent||manages||CCLA|||
|||||Senator House|||
|||||85Queen Victoria Street|||
|||||london|||
|||||EC4V 4ET|||
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||||Notes|Unrestricted|Restricted|Endowment|Tolal|Total|
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
|INCOME|||||||||
|Donations|||||||||
|Charitable
activities:|||||||||
|Contributions
from residents||||249,311|||249,311|237,873|
|Other trading activities:|||||||||
|Rent||||17,820|||17,82D|17,820|
|Irwestment
income|||2|3,128|267||3,395|14,837|
|Other income||||731|||731|660|
|Total income||||270,990|267||271,257|271,190|
|EXPENDITURE|||||||||
|Raising funds:|||||||||
|Rental property
expenditure||||||||834|
|Charitable
activities:|||||||||
|Almshouses
expenditure|||3|207,892|||207,892|248.783|
|Grants payable|||6||2,440||2,440|1,423|
|Total expenditure||||207,892|2,440||210,332|251,D40|
|Net income/(expenditure)|before||||||||
|gains/(losses)
on investment||||63,098|(2,173)||60,925|20,150|
|Gains/(losses)
on investment||assets||26,413|557|27,157|54,127|9D,689|
|Net income/(expenditure)||||89,511|(1,615)|27,157|115,052|110,839|
|Transfer between funds||||(40,221)|37,119|3,102|||
|Net movement
in funds||||49.290|35.503|30.259|115,052|110.839|
|Reconciliation
offunds:|||||||||
|Fund balance brought forward|||st||||||
|1January 2020||||801,213|13,662|806,013|1,620,888|1,510,049|
|Fund balances carrhd forward|||at||||||
|31 December 2020||||850,503|49,165|836,272|1,735,940|1,620,888|
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|||Notes||2020||2019|
|---|---|---|---|---|---|---|
|||||||6|
|FIXEDASSETS|||||||
|Tangible fixed assets|||||753,523|752,562|
|Irwestments|||||643,179|589,052|
||||||1,396,702|1,341,614|
|CURRENTASSETS|||||||
|Debtors and prepayments||10|4,826|||4,823|
|Cash at bank and in hand|||361,795|||304,033|
||||386,621|||306,856|
|LIABILmES: Amounts|falling due||||||
|within|one year|11|(27,383)|||(29,582)|
|NET CURRENT ASSETS|||||339,238|279,274|
|TOTAL NET ASSETSLESSCURRENT||LIABILITIES|||1,735,940|1,620,888|
|The funds ofthe charity|||||||
|General funds|||201,201|||203.233|
|Designated
funds|||649,302|||597,980|
|Unre estele d||12|||850,503|801,213|
|Restricted||13|||49,165|13,662|
|Endowment||14|||836.272|806.013|
|Total charity funds||15|||1,735.940|1,620,888|
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||||||2020|2020|||
|---|---|---|---|---|---|---|---|---|
|||||General|Restricted|Endowment|Total||
|||||funds|funds|funds|funds||
|||||E|||E||
||Accurnulatian
units income||||||||
||Dividends
received fram||||||||
||Unit Holdings
in the|UK||2,915|267||3,182||
||Interest on cash deposits||||||||
||held in the UK|||213|||213||
|||||3,128|267||3,395||
||||||2D19||||
|||||General|Restricted|Endowment|Tata|I|
|||||funds|funds|funds|funrls||
|||||||E|f||
||Accumulation
units income|||6,341|||11,399||
||Dividends
received fram||||||||
||Unit Holdings
in the|UK||2,858|261||3,119||
||Interest on cash deposits||||||||
||held in the UK|||319|||319||
|||||9,518|261||14,837||
|3.|ALMSHOUSES|EXPENDITURE|||||||
||||||Unrestricted|Unrestricted|||
||||||8 Total|&Total|||
||||||2020|2019|||
||Wsrdens and assistants||salary||||||
||and expenses||||24.188|21.688|||
||Pension costs||||2,118|1,967|||
||Ryecsre —Warden call||||9,145|9,085|||
||Subscriptions||||490|459|||
||Telephone||||551|393|||
||Insursnces||||2,850|2,820|||
||Professional fees||||996|724|||
||Salary ofthe clerk||||23.232|21,882|||
||Accountancy||||14,110|1D,498|||
||Cleaner and gardener's||salary||||||
||and expenses||||31,448|30,294|||
||Heating,
llghsng|snd water|||53,896|48,789|||
||Tenants amenities||||2,414|4.623|||
||Repairs and maintenance||||34,222|90,185|||
||Printing,
postage|etc|||1,111|1,218|||
||General sundries||||4,233|2.253|||
||Depredation||||2,888|1,925|||
||||||207,892|248,783|||
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|STAFF|COSPi||||
|---|---|---|---|---|
||||2020|2019|
||||6||
|Wages|and salaries||53,993|50,630|
|Pension|costs||2,118|1,967|
|Pension|administration|costs|360|61D|
||||56,471|53,2D7|
||||2020|2019|
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|||||2D2D||
|---|---|---|---|---|---|
|||||6||
|Independent|examiner's|fees (including|VAT)|3,300|3,200|
|Other services (including||VAT)||10,810|7,298|
|||||14,110|10,498|
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|To capital
replacement
fund||||(102)|
|---|---|---|---|---|
|Topoors branch fund*||||(36,969)|
|Toadvancement
branch fund||||(150)|
|To extraordinary
repair fund||||(3,055)|
|To modernisation
and maintenance|fund|||(51,600)|
|Tofixed asset fund||||(3,961)|
|Net transfers
(from) general funds||||(95,637)|
|From bungalow
fund to loan replacement||fund||(3,000)|
|From general funds to extraordinary|fund|||3,055|
|From general funds to modernlsatlon|and|maintenance|fund|51,6DD|
|From general funds tofixed asset fund||||3,961|
|Net transfers to designated
funds||||55,616|
|Net transfers
(from) unrestricted
funds||||(40,221)|
|From general funds to capital replacement||fund||102|
|From bungalow
fund to loan replacement||fund||3,000|
|Net transfers to endowment
funds||||3,102|
|From general funds to poors branch|fund*|||36,969|
|From general funds to advancement|branch fund|||150|
|Net transfers to restricted
funds||||37,119|
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|TANGIBLE|FIX|EDASSETS||||
|---|---|---|---|---|---|
||||Freehokl|||
||||land snd|Fixtures and||
||||buildings|fitting|Total|
||||6||F|
|Cost||||||
|At 1 January|2020||746,792|28,846|775,638|
|Additions||||3,849|3,849|
|At 31 December||2020|746,792|32,695|779,487|
|Accumulated|depreciation|||||
|At 1 January|2020|||23,076|23.076|
|Depreciation|charge for the year|||2,888|2,888|
|At 31 December||2020||25,964|25.964|
|Net book value||||||
|At 31 December||2020|746,792|6,731|753,523|
|At 31 December||2D19|746,792|5,770|752,562|
|INVESTMENTS||||||
|||||2020|2019|
|||||E||
|UK tiuoted|investments|||||
|Market value|1 January 2020|||589,052|486,964|
|Aocumulation|units||||11,399|
|Net gain/(lass)
on revaluation||||54,127|90,689|
|Market value|31 December 2020|||643,179|589,052|
|The investments||consist ofCOIF Charity Funds.||||
|DEBTORS||||||
|||||202D|2019|
|||||E||
|Other debtors||||3,086|3.086|
|Prepeyments||||1,740|1,737|
|||||4,826|4.823|
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|LIABILmES|: AMOUNTS|FALLING D|UE WITHIN|ONE YEAR||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
||||||||f|
|Trade creditors||||||4.318|5,228|
|Other creditors||||||11.016|10,162|
|Accruals||||||12,049|14,192|
|||||||27,383|29,582|
|UNRESTRICTED FUNDS||||||||
|||Balance||||Gains and|Balance 31|
|||1 January||||(losses) an|Deoember|
|||2020|Income|Expenditure|Transfers|investments|2020|
|||E||||||
|General funds||2D3,233|270,825|(195,463)|(95,837)|18,443|201,201|
|Designated
~inary|funds
repair fund|93,650|||3,055|7,970|104,675|
|Modernisation|and|||||||
|maintenance|fund|154,813|125|(12.429)|51.600||194,109|
|Majar works|fund|50,093|40||||50,133|
|Bungalow
lund||1D8,DOO|||(3,00D)||105,00D|
|Fixed asset fund||191,424|||3,961||195,385|
|||801,213|270.990|(207.892)|(40.221)|26.413|850.503|
|||||2019||||
|||Balance||||Gains and|Balance 31|
|||1 January||||(losses) on|December|
|||2019|Income|Expenditure|Transfers|investments|2019|
|||6|||8|2|2|
|General funds||262,904|263,708|(202,193)|(150,290)|29,104|203,233|
|Designated|funds|||||||
|Exlraord inary|repa irfund|76,105|1,913||3,055|12,577|93,650|
|Madernlsation|and|||||||
|maintenance|fund|152,262|175|(47,424)|49,80D||154,813|
|Major works|fund|50,018|75||||50,093|
|Bungalow fund||111,000|||(3,000)||108,000|
|Fixed asset fund|||||191,424||191,424|
|||652,289|265,871|(249,617)|9D,989|41,681|801,213|
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|RESTRICTED|RESTRICTED|FUNDS|||||||
|---|---|---|---|---|---|---|---|---|
||||Balance||||Gains and|Balance 31|
||||1 January||||(losses) an|December|
||||2020|Income|Expenditure|Transfers|investments|2020|
||||6|6|6|6|E|6|
|Lady Hewley's||Charity|9,411|267|(500)||557|9,735|
|Pours branch|||1,964||(1,940)|36,969||37,013|
|Advancement||branch|2,267|||150||2,417|
||||13,662|267|(2,440)|37,119|557|49,165|
||||||2019||||
||||Balance||||Gains and|Balance 31|
||||1 January||||(losses) on|December|
||||2019|Income|Expenditure|Transfers|invesbnents|2019|
||||E|||||E|
|Lady Hewley's||Charity|7,979|261|(150)||1,321|9,411|
|Paors branch|||1,626||(1,273)|1,631||1,964|
|Advancement||branch|2,117|||150||2,267|
|Extension reserve|||3,500|||(3,5DD)|||
|Community|Lottery Fund||92,372|||(92,372)|||
||||107,594|261|(1,423)|(94,091)|1,321|13,662|
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|||Balance||||Gains and|Balance 31|
|---|---|---|---|---|---|---|---|
|||1 January||||(losses) on|December|
|||2020|Income|Expenditure|Transfers|investments|2020|
|||6|E|E|E|E|8|
|Capital fund (Note|16)|548,335||||6,088|554,423|
|Capital replacement|fund|215,676|||102|21,069|236.849|
|Loan replacement|fund|42,DOO|||3,DOO||45,00D|
|||806,013|||3,102|27,157|836,272|
|||||2019||||
|||Balance||||Gains and|Balance 31|
|||1 January||||(losses) on|December|
|||2019|Income|Expenditure|Transfers|investments|2019|
|||8|||||8|
|Capital fund (Note|t6)|533,895||||14,440|548,335|
|Capital replacement|fund|177,271|5,058||102|33,247|215,678|
|Loan replacement|fund|39,DOO|||3,DOO||42,000|
|||750,166|5,D58||3,102|47,687|806,013|
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|ANALY|SIS OF NETASSETS B|ETWEEN FUNDS||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment||
|||E|E|8||
|Tangible|fixed assets|300,385||453,138|753,523|
|investments||296,289|9,267|337,623|643,179|
|Current|assets|281,212|39.898|45,511|366.621|
|Current|liabilities|(27,383)|||(27,383)|
|||850,503|49,165|836,272|1,735,940|
|||Unrestricted|Restricted|Endowment||
|||6|E|E||
|Tangible|fixed assets|299,424||453,138|752,562|
|Investments||289,876|8,710|310,486|589,052|
|Cvrrent|assets|261,495|4,952|42,409|308,856|
|Current|liabilities|(29,582)|||(29,582)|
|||801,213|13,662|806,D13|1,62D,888|
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|||||||Market||
|---|---|---|---|---|---|---|---|
|||||||Value|income|
|||||||E|6|
|3,416.39|Income|shares|(Smith)||3,828|61,534|1.771|
|762.00|Income|shares|(York Municipal|Charities)|907|13,726|395|
|1,444.91|Income|shares|(Chapman)||983|26,025|749|
||||||5,718|101,285|2.915|
|mshouses||||||453,138||
|||||||554,423||
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