2021-03-31-accounts

	FOR THE YEARENDED 31MARCH 2021
	INDEX TO FINANCIAL STATEMENTS
Page No.
1-5	Report ofthe Trustees
6-7	Report ofthe Independent Examiners
	Statement ofFinancial Activities
	Balance Sheet
10-16	Notes to the Financial Statements

		Notes	Unrestricted Funds 2021 8	Endowment Funds 2021	Unrestricted Funds 2020	Endowment Funds 2020 8
Income					Restated	Restated
Income from charitable	activities:
Almshouse maintenance	contributions		43,093		39,560
Income from other trading activities:
investment property rents lavestments			84,087		79,260
Donations Grant Income			4,470 15		1,569 946
			10,000
Total Income			141,665		121,335
Expenditure
Cost ofgeaerating funds
Investment property maintenance Charitable activities Support costs		16 16	26,496 76,861 13,968		18,749 74,794 10,206
Total expenditure			117,325		103,749
Net income before other recognised gains aad losses Other recognised gains and losses			24,340		17,586
Transfer to restricted funds Transfer to endowment funds			(32,500)		(35,000)
Gains / (losses) on other investment assets			67,183	527,500	(25,037)
Net movemeat in funds			59,023	527,500	(42,451)
Reconciliation offunds
Total funds brought forward 1April 2020			380,842	3,522,500	2,135,793
Prior Year Adjustment
					1,712,500	3,522,500
Total funds carried forward March 2021	31		439,865	4,050,000	380,842	3,522,500

		Notes	2021	2021	2020	2020
					f
FIXEDASSETS					Restated	Restated
Almshouses invesunent pmpe8ty Computer equipment Other investments				1,810,000 2,240,000 295 414799		l.08 la,OOO 1,7l2,500 590 268 682
CURRENT ASSETS				4,465,094		3,791,772
Debtors Investments Cash at bank		9 10	2,679 1.96,633 0464		2,639 231,380 27 998
CREDITORS: Amounts	falling due		207,776		262,014
within one year		I2	22II6		2 I46
NET CURRENT ASSETS				205,570		259,869
NET ASSETS FUNDS				4 670,664		4 07 I 641
Endowment funds Restricted reserves Unrestricted reserves		14 i3		40050,000 180,799 439,865		3„522,500 l48,299 380,842
TOTAL CHARITY FUNDS				49670,664		4,05i,641

TRUSTEES AND	EMPLOYEES
			2021	2020
The average weekly number ofpersons (including		the Clerk
to the Trustees) employed	during the year was:
Staff costs (for the above	persons)
Wages and salaries			25,149	24,495

				2021	2020
Charities	Official Investment		Fund Interest	252	1,562
Bank Deposit Interest				284	7
Investment	Dividends	and Interest		3,934
				4,470	1,569

		Freehold	Total
		Land &
		Buildings
Valuation		1,810,000	1,810,000
Revaluations
Cost or Revalued	amount restated	1810,000	1810000

			Freehold	Total
			Land &
			Buildings
Cost or Revalued	amount	restated	1,712,500	1,712,500
Revaluations			527,500	527,500
Cost or Revalued	amount	restated	2240 000	2240 000

7. COMPUTER EQUIPMENT
	2021	2020
NBV Brought Forward	590
Addition		885
Depreciation	295	295
NBV Carried Forward	295	590

		NOTES TO	THE FINANCIAL STATEM	THE FINANCIAL STATEM	THE FINANCIAL STATEM	ENTS
		FOR THE	YEARENDED 31MARCH			2021
8. OTHER INVESTMENTS
						2021	2020
						g	6
Skandia	Investment	Fund				81,300	66,225
National	Association of Almshouses			Common	Investment	7,573	5,893
Fund
Aegon Unit Trusts						325,926	196,564
						414799	268,682
9. DEBTORS
						2021	2020
Prepayments						2 679	2,639
10. CURRENT		ASSETSINVESTMENTS
						2021	2020
Deposit	Account: Charities Official			Investment	Fund	196633	231,380
11. CASH AT BANK
						2021	2020
High Interest Cheque Account						31	530
Current	account					8,433	27,465
						8464	27,995
12, CREDITORS: Amounts			falling due within one year
						2021	2020
Accrued	expenses					1,770	1,740
Taxation	and social security					436	405
						2,206	2,145

		Cyclical	Extraordinary	Total
		Repairs and	Repair Reserve
		Maintenance
		Reserve
		8
Balance at	1 April 2020	91,437	56,862	148,299
Transfer: Income and expenditure
account		20,000	12,500	32,500
Balance at	31March 2021	111,437	69 62	180799
4. MOVEMENT IN FUNDS
NDOWME	NT FUND
			Endowment	Total
			Fund
Balance at	1 April 2020		1,712,500	1,712,500
Prior Year adjustment
Almshouse	Valuation		1810000	1810000
Restated balance atIApril 2020			3,522,500	3,522,500
Revaluation	ofproperty		527,500	527,500
Balance at	31March 2021		2 240 000	2240 000

. CHARITABLE E	XPEN	DITURE
		Charitable	Support		Charitable	Support
		Activities	Costs		Activities	Costs
		2021	2021		2020	2020
						f.
Day to day maintenance		16,692			11,722
Extraordinary/cyclical
maintenance		7,514			8,965
Clerk's Honorarium		16,650			16,290
Assistant to the Clerk' s
Honorarium		7,770			7,605
Wages		729			600
Rent and rates		1,073			5,436
Insurance		3,885			3,729
Heat and light		8,366			6,577
Garden maintenance		8,770			8,388
Post, telephone and
stationery			393				364
Advertising
Legal and professional Accountancy fees	fees		1,740			1,697
Estate agents fees			6,346			5	213
Sundry expenses			5,194			2,637
Intercom
monitoring/lifeline		4,242			4,312
Residents vouchers/party		1,170			1,170
Depreciation				295			295
		76,861	13,968		74,794	10,206

			2021	2021	2020	2020
INCOME
Almshouse maintenance			43,093		39,560
contributions
Interest			536		1,569
Donations			15		946
Grant income			10,000
Investment income			3,934
Investment properties			84,087		79,260
				141,665		121,335
LESSEXPENSES
Clerk's Honorarium			16,650		16,290
Assistant to the Clerk* s
Honorarium			7,770		7,605
Wages			729		600
Rent and rates			1,073		5,436
Light and heat			8,366		6,577
Insurance			3,885		3,729
Postage, telephone	and
stationery			393		364
Day to day maintenance			16,692		11,722
Lifeline fees			4,242		4,312
Extraordinary maintenance			7,514		8,965
Investment property
maintenance			26,496		18,749
Garden maintenance			8,770		8,388
Legal and professional		fees
Accountancy fees			1,740		1,697
Estate agents fees			6,346		5,213
Sundries			6,364		3,808
Depreciation			295		295
				117,325		103,749
Surplus or (deficit)	for the
year				24,340		17,586