| UNRESTRICTED GENERAL FUND | UNRESTRICTED GENERAL FUND | UNRESTRICTED GENERAL FUND | |||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| E | |||||
| RECEIPTS | |||||
| Charitable activities |
|||||
| Almshouse Residents' |
contributions | ||||
| -Maintenance | 46,301 | 40,913 | |||
| Reading Room lettings | 4,353 | 12,661 | |||
| Coronavirus grant |
10,000 | ||||
| 60,654 | 53,574 | ||||
| Income from investments | |||||
| Interest received | 16 | ||||
| Total receipts | 60,661 | 53,590 | |||
| PAYMENTS | |||||
| Charitable activities |
|||||
| Water rates | 999 | 897 | |||
| Council tax | 107 | ||||
| Insurance | 2,817 | 1,579 | |||
| Electricity | 1,006 | 1,177 | |||
| Gas | 896 | 820 | |||
| Telephone | 758 | 772 | |||
| National Association ofAlmshouses | 220 | 220 | |||
| Maintenance ofland and |
fences | 3,648 | 3,667 | ||
| Maintenance ofbuildings | 11,722 | 23,155 | |||
| Administration expenses |
481 | 195 | |||
| Amenity expenses | 213 | 668 | |||
| Loan interest | 6,680 | 6,722 | |||
| Community alarm system |
2,326 | 2,724 | |||
| Charitable donations |
2350 | 1,500 | |||
| 34,016 | 44,203 | ||||
| Governance costs |
|||||
| Independent Examiner's |
fee | 864 | 852 | ||
| Total payments | 34,880 | 45,055 |
| UNRESTRICTED GENERAL FUND | UNRESTRICTED GENERAL FUND | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Excess ofincome over | expenditure | 25,781 | 8,535 |
| Transfers to designated | funds | 9,000 | 2,000 |
| NET SURPLUS | 16,781 | 6,535 | |
| General fund brought | forward | 44,363 | 37,828 |
| General fund carried | forward | f61,144 | f44,363 |
| Notes | Notes | 2020 | 2019 | ||
|---|---|---|---|---|---|
| FIXEDASSETS | |||||
| Housing Properties | |||||
| Cost | 329,972 | 329,972 | |||
| Less: Housing Association |
Grant | (248,434) | (248,434) | ||
| 81,538 | 81,538 | ||||
| Investments | 255,890 | 252,962 | |||
| 337,428 | 334,500 | ||||
| CURRENT ASSETS | |||||
| Debtors | 573 | ||||
| Cash at bank and in hand | 9 | 115,721 | 98,410 | ||
| 115,721 | 98,983 | ||||
| CREDITORS: | |||||
| Amounts falling due within |
one year | 1,580 | 1,710 | ||
| NET CURRENT ASSETS | 114,141 | 97,273 | |||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 451,569 | 431,773 | |||
| CREDITORS: | |||||
| Amounts falling due after more than one year; |
|||||
| Fresh pic loan | 10 | 68,534 | 69,048 | ||
| 6383,035 | f362,725 |
| Notes | 2020 | 2019 | |
|---|---|---|---|
| CAPITALANDRESERVES | |||
| Designated reserves | 321,891 | 318,362 | |
| General fund | 48,654 | 32,341 | |
| Property account | 12,490 | 12,022 | |
| TOTAL FUNDS | 12 | f383,035 | 6362,725 |
| 8. | INVESTMENTS | 2020 | 2019 |
|---|---|---|---|
| Quoted investments | |||
| Market value brought forward | 252,962 | 212,117 | |
| Additions | 9,000 | 2,000 | |
| Accumulated income |
9,933 | 9,342 | |
| Net unreslised investment (loss)/gain |
(16,005) | 29,503 | |
| Market value at 31"December 2020 | f255,890 | f252,962 | |
| Historical cost at31"December 2020 | f,83,101 | f74,101 | |
| 9. | CASH AT BANKAND IN HAND | 2020 | 2019 |
| Metro Business Savings account | 5,442 | 5,435 | |
| Metro Fixed Term account | |||
| Barclays - Community account |
44,278 | 27,538 | |
| Barclays (Abbotsfteld) - Deposit account | 1,944 | 1,801 | |
| National Savings Investment account |
64,057 | 63,599 | |
| Cash in hand | 37 | ||
| f115,721 | 698,410 |
| DESIGNATED RES | ER | VES | VES | VES | ||||
|---|---|---|---|---|---|---|---|---|
| Cyclical Extraordinary |
Abbotsiield | 2020 | 2019 | |||||
| Maintenance | Repairs | Amenities | Total | Total | ||||
| Balance brought forward |
63,599 | 248,356 | 6,407 | 318,362 | 276,870 | |||
| Transfer Irom income | and | |||||||
| expenditure account |
9,000 | 9,000 | 2,000 | |||||
| Payments in year |
||||||||
| Interest and dividends | ||||||||
| received | 458 | 9,933 | 143 | 10,534 | 9,989 | |||
| Increase/(decrease) in |
unrealised | |||||||
| gain on investments | (16,300) | 295 | (16,005) | 29,503 | ||||
| Balance carried forward | f64,057 | f250,989 | K6,845 | f321,891 | f318,362 | |||
| ANALYSIS OFNET | ASSETSBETWEEN FUNDS | |||||||
| General | Property | Cyclical Extraordinary |
Abbotsfield | 2020 | ||||
| Fund | Account Maintenance |
Repairs | Amenities | Total | ||||
| Tangible | ||||||||
| lixed assets | 81,538 | 81,538 | ||||||
| Investments | 250,989 | 4,901 | 255,890 | |||||
| Cash at bank 49,720 |
64,057 | 1,944 | 115,721 | |||||
| Current assets | ||||||||
| Current liabilities (1,066) |
(514) | (1,580) | ||||||
| Long term liabilities | (68,534) | (68,534) | ||||||
| f48,654 | f12,490 | f64,057 | f250,989 | K6,845 | f383,035 |