| UNRESTRICTED G | EN | ERAL FUND | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| g | 8 | 8 | ||||
| RECEIPTS | ||||||
| Charitable activities |
||||||
| Almshouse Residents' |
contributions | |||||
| -Maintenance | 45,916 | 46,301 | ||||
| Reading Room lettings | 2,150 | 4,353 | ||||
| Coronavirus grant |
16,955 | 10,000 | ||||
| 65,021 | 60,654 | |||||
| Income from investments | ||||||
| Interest received | ||||||
| Total receipts | 65,023 | 60,661 | ||||
| PAYMENTS | ||||||
| Charitable activities |
||||||
| Water rates | 851 | 999 | ||||
| Council tax | 18 | |||||
| Insurance | 1,613 | 2,817 | ||||
| Electricity | 964 | 1,006 | ||||
| Gas | (255) | 896 | ||||
| Telephone | 535 | 758 | ||||
| National Association ofAlmshouses | 230 | 220 | ||||
| Maintenance ofland and | fences | 4,038 | 3,648 | |||
| Maintenance ofbuildings | 10,991 | 11,722 | ||||
| Administration expenses |
58 | 481 | ||||
| Amenity expenses |
636 | 213 | ||||
| Loan interest | 6,634 | 6,680 | ||||
| Community alarm system |
2,236 | 2,326 | ||||
| Charitable donations |
2,250 | 2,250 | ||||
| 30,799 | 34,016 | |||||
| Governance costs |
||||||
| Independent Examiner's |
fee | 894 | 864 | |||
| Total payments | 31,693 | 34,880 |
| UNRESTRICTED G | ENERAL FUND | ||
|---|---|---|---|
| 2021 | 2020 | ||
| 8 | |||
| Excess ofincome over | expenditure | 33,330 | 25,781 |
| Transfers to designated | funds | 28,000 | 9,000 |
| NET SURPLUS | 5,330 | 16,781 | |
| General fund brought | forward | 61,144 | 44,363 |
| General fund carried | forward | f,66,474 | f61,144 |
| Notes | Notes | 2021 | 2020 | ||
|---|---|---|---|---|---|
| FIXEDASSETS | |||||
| Housing Properties | |||||
| Cost | 329,972 | 329,972 | |||
| Less: Housing Association |
Grant | (248,434) | (248,434) | ||
| 81,538 | 81,538 | ||||
| Investments | 292,737 | 255,890 | |||
| 374,275 | 337,428 | ||||
| CURRENT ASSETS | |||||
| Debtors | |||||
| Cash at bank and in hand | 9 | 145,722 | 115,721 | ||
| 145,722 | 115,721 | ||||
| CREDITORS: | |||||
| Amounts falling due within |
one year | 1,669 | 1,580 | ||
| NET CURRENT ASSETS | 144,053 | 114,141 | |||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 518,328 | 451,569 | |||
| CREDITORS: | |||||
| Amounts falling due after more than one year: |
|||||
| BCM Global loan | 10 | 67,968 | 68,534 | ||
| f450,360 | f383,035 |
| Notes | 2021 | 2020 | |
|---|---|---|---|
| CAPITAL AND RESERVES | |||
| Designated reserves |
383,886 | 321,891 | |
| General fund | 53,984 | 48,654 | |
| Property account | 12,490 | 12,490 | |
| TOTALFUNDS | 12 | K450,360 | F383,035 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Independent | examiner's | fee | (including | VAT) | f894 | f864 |
| 7. | FIXEDASSETS | 2021 | 2020 |
|---|---|---|---|
| Housing Properties —Almshouses | |||
| Cost | |||
| At 1"January 2021 and at31"December 2021 |
329,972 | 329,972 | |
| Less: Housing Association Grant At 1"January 2021 |
|||
| and at 31"December 2021 | (248,434) | (248,434) | |
| Net book value at31"December 2021 | 681,538 | K81,538 |
| 8. | INVESTMENTS | 2021 | 2020 |
|---|---|---|---|
| Quoted investments | |||
| Market value brought forward | 255,890 | 252,962 | |
| Additions | 3,000 | 9,000 | |
| Accumulated income |
8,341 | 9,933 | |
| Net unrealised investment gain/(loss) |
25,506 | (16,005) | |
| Market value at 31"December 2021 | f292,737 | 8255,890 | |
| Historical cost at 31"December 2021 | f86,101 | g83,101 | |
| 9, | CASH AT BANKAND IN HAND | 2021 | 2020 |
| Metro Business Savings account | 5,444 | 5,442 | |
| Metro Fixed Term account | |||
| Barclays - Community account |
49,129 | 44,278 | |
| Barclays (Abbotsfield) -Deposit account |
2,088 | 1,944 | |
| National Savings Investment account |
14,061 | 64,057 | |
| Nationwie account |
75,000 | ||
| Cash in hand | |||
| f,145,722 | f,115,721 |
| DESIGNATED RES | ER | VES | |||||
|---|---|---|---|---|---|---|---|
| Cyclical | Extraordinary | Abbotsfield | 2021 | 2020 | |||
| Maintenance | Repairs | Amenities | Total | Total | |||
| Balance brought forward |
64,057 | 250,989 | 6,845 | 321,891 | 318,362 | ||
| Transfer from income | and | ||||||
| expenditure account |
25,000 | 3,000 | 28,000 | 9,000 | |||
| Payments in year |
|||||||
| Interest and dividends | |||||||
| received | 4 | 8,341 | 144 | 8,489 | 10,534 | ||
| Increase/(decrease) in |
unrealised | ||||||
| gain on investments | 24,811 | 695 | 25,506 | (16,005) | |||
| Balance carried forward | f89,061 | f287,141 | Z7,684 | f383,886 | f321,891 |
| General | General | Property | Property | Cyclical | Extraordinary | Extraordinary | Abbotsfield | Abbotsfield | 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Fund | Account | Maintenance | Repairs | Amenities | Total | ||||
| Tangible | |||||||||
| fixed assets | 81,538 | 81,538 | |||||||
| Investments | 287,141 | 5,596 | 292,737 | ||||||
| Cash at bank | 54,573 | 89,061 | 2,088 | 145,722 | |||||
| Current assets | |||||||||
| Current liabilities | (1,104) | (565) | (1,669) | ||||||
| Long term liabilities | (67,968) | (67,968) | |||||||
| f53,469 | 813,005 | f89,061 | K287,141 | f7,684 | 5450,360 |