| UNRESTRICTED GENERALFUND | ||||
|---|---|---|---|---|
| f, | 2023 | gf, | 2022 f, |
|
| RECEIPTS | ||||
| Charitableactivities | ||||
| Almshouse Residents'contributions | ||||
| -Maintenance | 52,286 | 46,503 | ||
| ReadingRoom lettings | 5,767 | 4,690 | ||
| Coronavirus grant | ||||
| 58,053 | 51,193 | |||
| Incomefrominvestments | ||||
| Interest received | 371 | 2t | ||
| Totalreceipts | 58,424 | 51,214 | ||
| PAYMENTS | ||||
| Charitableactivities | ||||
| Waterrates | 937 | 692 | ||
| Council tax | 38 | 72 | ||
| Insurance | 1,752 | 1,731 | ||
| Electricity | 1,385 | 1,092 | ||
| Gas | 1,011 | 1,155 | ||
| Telephone | 847 | s89 | ||
| National Association ofAlmshouses | 236 | 227 | ||
| Maintenanceoflandand fences | 3,676 | 10,500 | ||
| Maintenanceof buildings | 21,129 | 21,908 | ||
| Administrationexpenses | 445 | r99 | ||
| Amenityexpenses | 786 | 455 | ||
| Loaninterest | 6,527 | 6,583 | ||
| Communityalarunsystem | 1,933 | 3,647 | ||
| Charitable donations | 2,350 | 2,250 | ||
| 43,052 | 51,100 | |||
| Governancecosts | ||||
| IndependentExaminer'sfee | 969 | 921 | ||
| Totalpayments | 44,021 | 52,021 |
| UNRESTRICTED GENERALFUND (continued) | ||
|---|---|---|
| 2023 | 2022 | |
| f | f | |
| Excess/ (Deficit)ofincome over expenditure | 14,403 | (807) |
| Transferstodesignatedfunds | (18,849) | 3,000 |
| NETSURPLUS/(DEFICIT) | (4,446) | (3,807) |
| Generalfund broughtforward | 62,667 | 66,474 |
| Generalfund carried forward | f.58,22t | f.62,667 |
| Notes | Notes | 2023 | 2022 | ||
|---|---|---|---|---|---|
| f, | f, | f | f. | ||
| FIXEDASSETS | |||||
| HousingProperties | 7 | ||||
| Cost | 329,971 | 329,971 | |||
| Less:Housing AssociationGrant | (248,434) | (248,434) | |||
| 81,537 | 81,537 | ||||
| Investments | 8 | 319,181 | 297,422 | ||
| 400,718 | 378,959 | ||||
| CURRENTASSETS | |||||
| f)ebtors | |||||
| Cashatbankandinhand | 9 | 153,878 | l4l,62l | ||
| 153,878 | I4l,62l | ||||
| CREDITORS: | |||||
| Amountsfallingduewithinoneyear | 1,831 | 1,719 | |||
| NETCURRENTASSETS | 152,047 | 139,902 | |||
| TOTALASSETS LESSCURRENT | |||||
| LIABILITIES | 552,765 | 518,861 | |||
| CRE,DITORS: | |||||
| Amountsfallingdueafter more thanoneyear: BCMGloballoan 10 |
66,663 | 67,345 | |||
| f.486,I02 | L451,576 |
| Notes | 2023 | 2022 | |
|---|---|---|---|
| f, | f. | ||
| CAPITALANDRESERVES | |||
| Designatedreserves | 11 | 427,880 | 388,847 |
| Generalfund | t2 | 44,030 | 49,098 |
| Property account | t2 | 14,r92 | 13,571 |
| TOTALFUNDS | t2 | f.486,102 | f.451,516 |
| FIXEDASSETS | 2023 | 2022 |
|---|---|---|
| Housing Properties-Almshouses | ||
| Cost | ||
| AtI'tJaruary2023 | ||
| and at31't December 2023 | 329,972 | 329,972 |
| Less:Housing AssociationGrant | ||
| At1'tJanuary2023 | ||
| and at31't December 2023 | (248,434) | (248,434) |
| Netbook value at 31't December2023 | f 81,538 | f81,538 |
| 8.INVESTMENTS | 2023 | 2022 |
|---|---|---|
| Quotedinvestments | ||
| Marketvalue broughtforward | 297,423 | 292,737 |
| Additions | 3,000 | 3,000 |
| Accumulatedincome | 11,901 | 10,710 |
| Netunrealised investment gain/(loss) | 6,857 | (9,025) |
| Marketvalueat31*December 2023 | f319,181 | f297,422 |
| Historicalcost at31't December 2023 | f92,l0l | f89,101 |
| 9.CASHATBANK ANDINHAND | 2023 | 2022 |
| Barclays-BusinessPremiumaccount | 30,000 | 40,000 |
| Barclays- Communityaccount | 15,178 | 10,197 |
| Barclays(Abbotsfield)-Depositaccount | 2,408 | 2,238 |
| NationalSavings Investment account | 14,074 | |
| Nationwideaccount | 76,292 | 75,112 |
| UnitedTrustBank | 30,000 | |
| Cashinhand | ||
| f153,878 | f.14r,62r |
| DESIGNATEDRESERVES | DESIGNATEDRESERVES | |
|---|---|---|
| CyclicalExtraordinaryAbbotsfield MaintenanceRepairsAmenities |
2023 Total 2022 Total |
|
| f, | f f, |
f *. |
| Balance broughtforward 89,187 |
292,4777,1,83388,847383,886 | |
| Transferfromincomeand expenditureaccount 15,849 |
3,000 | 19,9493,000 |
| Paymentsinyear | ||
| Interestanddividends received 1,255 |
11,902 170 |
13,32710,987 |
| Increase/(decrease)inunrealised gain oninvestments - |
6,403 454 |
6,857(9,026) |
| Balance carriedforwardf,l\6,29l | f313,782f7,807f,427,880 f388,847 | |
| ANALYSISOFNETASSETSBETWEENFUNDS | ||
| General Fund Property Account CyclicalExtraordinaryAbbotsfield2023 MaintenanceRepairsAmenitiesTotal |
||
| f f. |
f f |
f, f |
| 81,537 Tangible fixedassets - |
81,537 | |
| lnvestments - |
313,782 | 5,399 319,181 |
| Cash atbank 45,179 |
106,291 | 2,408 153,878 |
| Currentassets | ||
| (682) Currentliabilities(1,149) |
(1,831) | |
| (66,663) Long termliabilities |
(66,663) | |
| f.44,030f.t4,t92 | f.106,291f313,782 | f7,807f.486,102 |