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|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|
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|||**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|
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|||**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|
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|**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|
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|**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|
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|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|
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|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|
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|**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|
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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|
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|**11 Fixed asset investments**|||
|---|---|---|
||**2021**|**2020**|
||£|£|
|Investment properties|800,000|800,000|
|Other investments|275,360|262,978|
||1,075,360|1,062,978|
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|**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|
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|**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|
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||**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|
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|**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|
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||||||**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|
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|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|
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||||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|