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2021-12-31-accounts

THE DAUBENEY ALMSHOUSE CHARITY

ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2021

CHARITY NUMBER 227980

Page 1

THE DAUBENEY ALMSHOUSE CHARITY

TRUSTEES REPORT FOR THE YEAR ENDED 31st DECEMBER 2021

TRUSTEES APPROVAL CERTIFICATE

We approve the accounts for the year ended 31[st] December 2021, and confirm that we

have made available all relevant records and information for their preparation.

……………………………………………………… (Chairman of the Trustees)

……………………………………………………..(Treasurer)

THE DAUBENEY ALMSHOUSE CHARITY INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31st DECEMBER 2021

This report on the financial statements of the Trustees for the year ended 31[st] December 2021 which are set out in Pages (3) to (7) in respect of the examination carried out in accordance with Section 43 of the Charities Act 1993

Respective Responsibilities of the Examiner

As members of the board of Trustees you are responsible for the preparation of the financial statements. You should consider that the audit requirement of the Regulations and Section 43(2) of the Act do not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the regulations.

Basis of the Report

My examination was carried out in accordance with the General Directions given by the Charity Commission under Section 43(7) (b) of the Act. That examination includes a review of the accounting records kept by the Treasurer and a comparison of the Financial Statements with those records. It also includes considering any unusual items or disclosures in the Financial Statements and seeking explanations from you as Treasurer concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

Signed…………………………………………….. Date………………………………

26 Ash Drive North Bradley Trowbridge Wilts BA 14 0SQ

Page 3

THE DAUBENEY ALMSHOUSE CHARITY

BALANCE SHEET AS AT 31st DECEMBER 2021

2021
2020
£
£
£
£
FIXED ASSETS
Freehold Property
13457
13457
Property Improvements

Balance B/Fwd
14368
Less: Depreciation
3592
10776
14368
Fixtures Fittings & Equipment
Balance B/Fwd
1637
Less:
Depreciation
409
1228
1637
25461
29462
INVESTMENTS
Shares
246906
218183
272367
247645
CURRENT ASSETS
Debtors & Prepayments
646
870
Cash at Bank
25269
12709
25915
13579
Less:
Creditors
1222
926
NET CURRENT ASSETS
24693
12653
TOTAL ASSETS LESS CURRENT LIABILITIES
297060
260298
2021
2020
£
£
£
£
FIXED ASSETS
Freehold Property
13457
13457
Property Improvements

Balance B/Fwd
14368
Less: Depreciation
3592
10776
14368
Fixtures Fittings & Equipment
Balance B/Fwd
1637
Less:
Depreciation
409
1228
1637
25461
29462
INVESTMENTS
Shares
246906
218183
272367
247645
CURRENT ASSETS
Debtors & Prepayments
646
870
Cash at Bank
25269
12709
25915
13579
Less:
Creditors
1222
926
NET CURRENT ASSETS
24693
12653
TOTAL ASSETS LESS CURRENT LIABILITIES
297060
260298
2021
2020
£
£
£
£
FIXED ASSETS
Freehold Property
13457
13457
Property Improvements

Balance B/Fwd
14368
Less: Depreciation
3592
10776
14368
Fixtures Fittings & Equipment
Balance B/Fwd
1637
Less:
Depreciation
409
1228
1637
25461
29462
INVESTMENTS
Shares
246906
218183
272367
247645
CURRENT ASSETS
Debtors & Prepayments
646
870
Cash at Bank
25269
12709
25915
13579
Less:
Creditors
1222
926
NET CURRENT ASSETS
24693
12653
TOTAL ASSETS LESS CURRENT LIABILITIES
297060
260298
260298
RESERVES
General Reserve
42115
Investments
218183
260298
50154
246906
297060

Page 4

THE DAUBENEY ALMSHOUSE CHARITY

FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2021

INCOME
Residents Contributions
17639
Wiltshire Council
-
Interest Receivable & Other Income
19
TOTAL INCOME
CHARITABLE EXPENDITURE
Services
Routine Maintenance
10716
Depreciation
5335
OTHER EXPENDITURE
Management & Administration
2621
TOTAL EXPENDITURE
25806
PROFIT(LOSS) FOR THE YEAR
( 8148)
Investment M & G Shares
2021
2020
£
£
22842
2141
18
25001
3730
6895
4001
14626
2336
16962
8039
2020
17658
7134
22185
Unrealised Proft (Loss) on Investments
28723
(7194)
NET PROFIT(LOSS)
36762
(15342)
RESERVES AT 1
st
JANUARY 2021/2020
235398
250740
RESERVES AT 31
st
DECEMBER 2021/2020
272160

235398

MOVEMENTS ON GENERAL RESERVES
Balance brought forward 1st January 2021/2020 42115
50263
PROFIT(LOSS)
FOR THE YEAR
8039
( 8148)
50154
42115

Page 5

THE DAUBENEY ALMSHOUSE CHARITY OPERATING COSTS AT 31st DECEMBER 2021

£
SERVICES
Water
Insurance
1128
Power Light & Heat
Council Tax
Legal & Professional
ROUTINE MAINTENANCE
Repairs & Renewals

Health & Safety
2866
2021
£
£
784
1110
1354
-
464

3730
1270
2922
2020
£
573
3240
551
1660
7134
4997
Cleaning
660
870
Gardening
2099
1927
6895
10716
MANAGEMENT EXPENSES
Clerk’s Honorarium
768
1200
Treasurers Honorarium
1120
1000
Accountancy
175
175
Subscriptions
205
182
Chairmans/Clerk’s Expenses
68
2336

DEPRECIATION
Equipment
409
546
Property Improvements
3592

4001
5335
TOTAL EXPENSES
16962
25806
64
2621
4789


Page (6) THE DAUBENEY ALMSHOUSE CHARITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2021


£
1.
RENTS RECEIVABLE
17639
WILTSHIRE COUNCIL
-
2,
INTEREST RECEIVABLE
Investment Dividend
19
17658
3.
DEBTORS & PREPAYMENTS
Debtors
2021

£
22842
2141
18
2020
£
3.
Rents - 305
Wiltshire Council 79 -
Prepayments
Subscriptions 3
-
Insurance (6 Months)
564
646
565
870
4 CREDITORS
Water 99
77
Light & Heat 250
-
Rent –Paid in Advance 698
674
Accountancy
175 1222
175
926
5. DEPRECIATION
Depreciation has been charged at 25% on
Property Improvements 3592
4789
Equipment 409
546
4001
5335
No depreciation has been charged on the Freehold Property
In 2013 the property was re-valued again for insurance
purposes in
In the sum £925,000
This has not been incorporated into the accounts
6. CASH AT BANK
Lloyds Bank 25269
12709
7. LEGAL & PROFESSIONAL CHARGES
Whitfeld & Son (Structural Report) 464
1660
8. SUNDRIES
J.Wilson Ward 55
B.Hillum 13 68
-

Page (7)

9. SUBSCRIPTIONS £
£
Almshouse Association 182
179
Independent Housing Ombudsman 23
3 205
182
10. REPAIRS £
£
Water Tanks etc -
510
Plumbing 220
80
General Repairs &Servicing 882
1585
Alarms 168
350
Decorating -
2472
Health & Safety 2866
2922
4136
7919
11. INVESTMENTS ( Accumulation Shares)
M & G FUND as at 31 st
December 2021
2021
2020
1823 190882
168663
530 55517
49055
M & G Charity 507
465
246906
218183
PROFIT(LOSS) ON INVESTMENTS 28723
(7194)
12. GARDENING
Gardener 1474
WCC -Green Bin 50
More Bushes Ltd -Tree **Lopping ** 575 2099
1927
13. CLEANING
Cleaner 530
Window Cleaner 120

Cleaning Materials 870 io 660