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2021-12-31-accounts
| Reference and Administrative Details |
1 |
| Trustees' Report |
2 to 4 |
| Independent Examiner's Report |
5 |
| Statement of Financial Activities |
6 |
| Balance Sheet |
7 |
| Notes to the Financial Statements |
8 to 18 |
|
|
Unrestricted |
Total |
|
|
funds |
2021 |
|
Note |
£ |
£ |
| Income and Endowments from: |
|
|
|
| Charitable activities |
|
103,845 |
103,845 |
| Investment income |
4 |
8,253 |
8,253 |
| Donations and legacies |
|
500 |
500 |
| Total income |
|
112,598 |
112,598 |
| Expenditure on: |
|
|
|
| Charitable activities |
|
(67,344) |
(67,344) |
| Other expenditure |
6 |
(21,454) |
(21,454) |
| Total expenditure |
|
(88,798) |
(88,798) |
| Gains/losses on investment assets |
|
23,416 |
23,416 |
| Net income |
|
47,216 |
47,216 |
| Net movement in funds |
|
47,216 |
47,216 |
| Reconciliation of funds |
|
|
|
| Total funds brought forward |
|
1,084,161 |
1,084,161 |
| Total funds carried forward |
15 |
1,131,377 |
1,131,377 |
|
|
Unrestricted |
Total |
|
|
funds |
2020 |
|
Note |
£ |
£ |
| Income and Endowments from: |
|
|
|
| Donations and legacies |
|
1,500 |
1,500 |
| Charitable activities |
|
99,886 |
99,886 |
| Investment income |
4 |
10,299 |
10,299 |
| Total income |
|
111,685 |
111,685 |
| Expenditure on: |
|
|
|
| Charitable activities |
|
(90,845) |
(90,845) |
| Other expenditure |
6 |
(23,881) |
(23,881) |
| Total expenditure |
|
(114,726) |
(114,726) |
| Gains/losses on investment assets |
|
(18,120) |
(18,120) |
| Net expenditure |
|
(21,161) |
(21,161) |
| Net movement in funds |
|
(21,161) |
(21,161) |
| Reconciliation of funds |
|
|
|
| Total funds brought forward |
|
1,105,322 |
1,105,322 |
| Total funds carried forward |
15 |
1,084,161 |
1,084,161 |
|
|
2021 |
2020 |
|
Note |
|
|
| Fixed assets |
|
|
|
| Investments |
11 |
1,075,360 |
1,062,978 |
| Current assets |
|
|
|
| Debtors |
12 |
3,773 |
3,849 |
| Cash at bank and in hand |
|
57,098 |
30,247 |
|
|
60,871 |
34,096 |
| Creditors: Amounts falling due within one year |
13 |
(4,854) |
(12,913) |
| Net current assets |
|
56,017 |
21,183 |
| Net assets |
|
1,131,377 |
1,084,161 |
| Funds of the charity: |
|
|
|
| Unrestricted income funds |
|
|
|
| Unrestricted funds |
|
1,131,377 |
1,084,161 |
| Total funds |
15 |
1,131,377 |
1,084,161 |
| 2 Income from donations and legacies |
|
|
|
|
Unrestricted |
|
|
|
funds |
Total |
Total |
|
General |
2021 |
2020 |
|
£ |
£ |
£ |
| Donations and legacies; |
|
|
|
| Donations from individuals |
500 |
500 |
1,500 |
|
500 |
500 |
1,500 |
| 3 Income from charitable activities |
|
|
|
|
Unrestricted |
|
|
|
funds |
Total |
Total |
|
General |
2021 |
2020 |
|
£ |
£ |
£ |
| Provision of almshouses |
103,845 |
103,845 |
99,886 |
| 4 Investment income |
|
|
|
|
|
Unrestricted |
funds |
Total |
Total |
|
Designated |
General |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Income from dividends; |
|
|
|
|
| Dividends receivable from other listed |
|
|
|
|
| investments |
6,616 |
1,632 |
8,248 |
10,261 |
| Interest receivable and similar income; |
|
|
|
|
| Interest receivable on bank deposits |
|
5 |
5 |
38 |
|
6,616 |
1,637 |
8,253 |
10,299 |
| 5 Expenditure on charitable activities |
|
|
|
|
|
Unrestricted |
funds |
Total |
Total |
|
Designated |
General |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Repairs and renewals |
|
19,915 |
19,915 |
16,253 |
| Water rates |
|
4,749 |
4,749 |
7,673 |
| Insurance |
|
2,055 |
2,055 |
1,930 |
| Garden maintenance |
|
4,111 |
4,111 |
5,960 |
| Electricity less recoveries |
|
250 |
250 |
376 |
| Lifeline scheme |
|
2,089 |
2,089 |
2,538 |
| Expenses during modernisation of flats |
|
703 |
703 |
651 |
| Upgrade Flat 14 |
1,655 |
|
1,655 |
15,089 |
| Upgrade Flat 6A |
17,822 |
|
17,822 |
- |
| Exterior Painting |
8,432 |
|
8,432 |
|
| Wetroom House 16 |
3,069 |
|
3,069 |
|
| Stairlift House 8 |
2,494 |
|
2,494 |
|
| Roof and chimney repairs |
|
|
|
4,210 |
| TV signal upgrade |
|
|
|
6,243 |
| Extra smoke detection in flats |
|
|
|
3,124 |
| Bosch washing machine |
|
|
|
409 |
| Replace exterior doors |
|
|
|
1,213 |
| Updgrade Flat 6 |
|
|
|
25,176 |
|
33,472 |
33,872 |
67,344 |
90,845 |
| 6 Other expenditure |
|
|
|
|
Unrestricted |
|
|
|
|
Total |
Total |
|
General |
2021 |
2020 |
|
£ |
£ |
£ |
| Staff costs |
|
|
|
| Wages and salaries |
15,225 |
15,225 |
14,400 |
| Pension costs |
724 |
724 |
576 |
| Other resources expended |
4,233 |
4,233 |
2,999 |
| Selective licensing scheme |
- |
|
4,680 |
|
20,182 |
20,182 |
22,655 |
8Staff costs
The aggregate payroll costs were as follows: |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Staff costs during the year were: |
|
|
| Wages and salaries |
15,225 |
14,400 |
| Pension costs |
724 |
576 |
|
15,949 |
14,976 |
the year expressed as full time equivalents was as follows: |
|
|
|
2021 |
2020 |
|
No |
No |
| Visitor and Clerk's fee |
1 |
1 |
| No employee received emoluments of more than £60,000 during the year |
|
|
| 9Independent examiner's remuneration |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Examination of the financial statements |
1,272 |
1,226 |
| 11 Fixed asset investments |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Investment properties |
800,000 |
800,000 |
| Other investments |
275,360 |
262,978 |
|
1,075,360 |
1,062,978 |
| Investment properties |
|
|
Investment |
|
properties |
| Cost or Valuation |
|
| At 1 January 2021 |
800,000 |
| At 31 December 2021 |
800,000 |
| Provision |
|
| At 1 January 2021 |
|
| At 31 December 2021 |
|
| Net book value |
|
| At 31 December 2021 |
800,000 |
| At 31 December 2020 |
800,000 |
| Other investments |
|
|
|
Listed |
|
|
investments |
Total |
|
£ |
£ |
| Cost or Valuation |
|
|
| At 1 January 2021 |
262,978 |
262,978 |
| Revaluation |
22,739 |
22,739 |
| Additions |
18,966 |
18,966 |
| Disposals |
(29,323) |
(29,323) |
| At 31 December 2021 |
275,360 |
275,360 |
| Net book value |
|
|
| At 31 December 2021 |
275,360 |
275,360 |
| At 31 December 2020 |
262,978 |
262,978 |
|
2021 |
2020 |
|
£ |
£ |
| Prepayments |
3,773 |
3,849 |
| 13 Creditors: amounts falling due within one year |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Other taxation and social security |
747 |
725 |
| Other creditors |
65 |
48 |
| Accruals |
4,042 |
12,140 |
|
4,854 |
12,913 |
| 15 Funds |
|
|
|
|
|
|
|
|
|
|
|
Other |
Balance at 31 |
|
Balance at 1 |
Incoming |
Resources |
|
recognised |
December |
|
January 2021 |
resources |
expended |
Transfers |
gains/(losses) |
2021 |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
|
| General |
|
|
|
|
|
|
| General Fund |
184,417 |
105,982 |
(55,326) |
(50,000) |
3,724 |
188,797 |
| Designated |
|
|
|
|
|
|
| Cyclical Maintenance Fund |
36,147 |
- |
(13,995) |
50,000 |
|
72,152 |
| Extraordinary Repair Fund |
63,597 |
6,616 |
(19,477) |
|
19,692 |
70,428 |
| Property Revaluation Fund |
800,000 |
- |
- |
|
|
800,000 |
|
899,744 |
6,616 |
(33,472) |
50,000. |
19,692 |
942,580 |
| Total funds |
1,084,161 |
112,598 |
(88,798) |
|
23,416 |
1,131,377 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Other |
31 |
|
January |
Incoming |
Resources |
recognised |
December |
|
2020 |
resources |
expended |
gains/(losses) |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General |
|
|
|
|
|
| General Fund |
143,862 |
103,155 |
(59,262) |
(3,338) |
184,417 |
| Designated |
|
|
|
|
|
| Cyclical Maintenance Fund |
51,346 |
- |
(15,199) |
|
36,147 |
| Extraordinary Repair Fund |
110,114 |
8,530 |
(40,265) |
(14,782) |
63,597 |
| Property Revaluation Fund |
800,000 |
- |
|
|
800,000 |
|
961,460 |
8,530 |
(55,464) |
(14,782) |
899,744 |
| Total funds |
1,105,322 |
111,685 |
(114,726) |
(18,120) |
1,084,161 |
| 16 Analysis of net assets between funds |
|
|
|
|
|
|
Total funds at |
|
Unrestricted |
funds |
31 December |
|
General |
Designated |
2021 |
| Fixed asset investments |
45,086 |
1,030,274 |
1,075,360 |
| Current assets |
148,565 |
(87,694) |
60,871 |
| Current liabilities |
(4,854) |
|
(4,854) |
| Total net assets |
188,797 |
942,580 |
1,131,377 |
|
|
|
Total funds at |
|
Unrestricted |
funds |
31 December |
|
General |
Designated |
2020 |
|
£ |
£ |
|
| Fixed asset investments |
41,362 |
1,021,616 |
1,062,978 |
| Programme related investments |
155,968 |
(121,872) |
34,096 |
| Current assets |
(12,913) |
|
(12,913) |
| Total net assets |
184,417 |
899,744 |
1,084,161 |
|
|
|
At 31 |
| At |
1 January |
Financing cash |
December |
|
2021 |
flows |
2021 |
|
30,247 |
26,851 |
57,098 |
|
30,247 |
26,851 |
57,098 |
|
|
At 31 |
| At .1 January |
Financing cash |
December |
| 2020 |
flows |
2020 |
| 55,495 |
(25,248) |
30,247 |
| 55,495 |
(25,248) |
30,247 |