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|~
~|i
e
~
~
~|
|---|---|
|Summary ofthe main
achievements
ofthe charity
during the year|The trust has continued
to maintain
the accommodation
to a high
standard.
Most repairs and improvements
are met from income. The site
is always
fully occupied, and we continue to have more applicants
than
vacancies. We have 35units 8 single bungalows
25 double bungalows
2
first floor flats and 1 ground
floor flat for the resident warden.
Major
refurbishments
are usually
only carried out when a unit is vacant to|
||minimise
disruption
for the residents.|
##
##
|s|||||
|---|---|---|---|---|
|||||Page|
|Receipts 8|payments|account|||
|Statement|ofassets|&|liabilities||
|Notes||||4-6|
|Accounting|policies||||
|Independent|examiner's||report||
##
##
|||||Notes|Unrestricted
funds 2021|Unrestricted
funds 2020|
|---|---|---|---|---|---|---|
|Receipts|||||||
|Maintenance
charges|||||82,172|79,638|
|Ground
rents|||||78|324|
|Dividend
income from|shares|held|||14,285|18,398|
|Income from pension|fund||||||
|Other income|||||25,000||
|Bank interest received|||||24|50|
||||||121,558|98,410|
|Income from investment|||sales not reinvested|||10,000|
|Total receipts|||||121,558|108,410|
|Payments|||||||
|Rates 8 water rates|||||9,285|7,686|
|Insurance|||||3,925|2,214|
|Property
repairs, tools|8 maintenance||||22,254|44,386|
|Maintenance
ofgrounds|||||14,767|14,758|
|Gas 8 Electricity|||||7,319|5,664|
|Telephone|||||1 332|1,251|
|Wages|||||15,015|14,230|
|Secretary charges|||||12,600|12,400|
|Sundry expenses|||||3,877|4,117|
||||||90,375|106,707|
|Asset and investment||purchases|||13,500||
|Total payments|||||103,875|106,707|
|Net of receipts/(payments)|||||17,683|1,703|
|Transfers
between|funds||||||
|Cash funds last year end|||||27,861|26,159|
|Cash funds this year end|||||45,544|27,861|
##
##
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2021|2020|
|Cash funds||||
|Bank accounts||45,544|27,861|
|||45,544|27,861|
|Other monetary assets||||
|Investments|assets|||
|Shares||692,185|687,990|
|||692,185|687,990|
|Fixed assets||||
|Land & buildings||3,700,000|3,700,000|
|Fixtures|8 fittings|12,460|12,460|
|Plant 8 machinery||13,500||
|||3,725,960|3,712,460|
|Total Assets||4,463,690|4,428,312|
|Liabilities||||
|||4,463,690|4,428,312|
|Signed on behalf ofthe trustees||||
|||W/(|2p|
|||.Da~e !5.'.. -. . .!.(.. .. .g/. . .. . . .||
##
##
|No|tes to financial statements|||
|---|---|---|---|
|||2021|2020|
|1.|Sundry expenses|||
||Accountancy|1,290|1,290|
||Subscriptions|335|321|
||TV License|45|45|
||Advertising|0|0|
||General expenses|0|132|
||Professional fees|0|0|
||Postage 8 stationery|144|145|
||Xmas gifts 8 expenses|1,750|1,803|
||Donations
8 gifts|0|20|
||Bank charges|313|361|
|||3,377|4,117|
|2.|Cash funds|||
||Main Fund - Current Account|(2,490)|559|
||Main Fund - Deposit Account|41,325|15,603|
||ERF Fund - Current Account|512|559|
||ERF Fund - Deposit Account|5,159|10,749|
||Petty cash|1,039|391|
|||45,544|27,861|
##
##
|N|otes to financial statem|en|ts||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|3.|Shares||||||
||Market value of investments
brought||forward||687,990|661,341|
||Profit /(loss) on share disposals|during the year|||(26,469)|1,704|
||Movement
in market value ofshares
held at year end
Share disposal proceeds
not re-invested
Charges
/ fees
Market value of investments
carried forward||||39,987
0
9,323
692,185|43,661
(10,000)
~6,716
687,990|
||ERF Fund||||||
||Diageo ord 28p
BP Ord $0.25||||7,814
0|7,977
13,700|
||Merian Investment
Management
Treasury stock 4.75%07/03/2020
Treasury stock 2.50% 16/04/2020||||33,435
0
0|31,570
15,341
14,855|
||First State Investments
Global Emerging
Standard
Charter Ord $0.50
Vodafone ord $0.21|||Markets|0
0
2,274|8,482
2,026
2,721|
||Man Fd Mgmt UK Ltd
Treasury stock2.50%07/2024||||0
15,767|12,802
16,006|
||Halma Ord 10p
Brit Amer Tobacco Ord 25p
Wharehouse
Reit Pic Ord 1p
Schroder Unit Trust Tokyo||||12,219
0
8,343
0|10,427
3,525
7,808
15,008|
||Vanguard
Funds
Schroder
Unit Tst US
FIL Inv Svcs UK Fidelity||||53,193
0
17,045|48,007
22,794
12,583|
||Lazard Global||||14,434|0|
||Hermes
Global Emerging
Markets||||11,286|0|
||Hipgnosis
Songs||||14,400|0|
||Treasury stock 1.25% 03/2026||||12,150|0|
||Burberry Group Ord .05p||||6,188|0|
||Premier Portfolio European||||7,242|0|
||Premier Portfolio US smaller companies||||28,224|0|
||Baillie Gifford Japanese||||18,314|0|
||Cash held with investors||||12,188|10,318|
||||||274,516|255,950|
##
|tes to financial|st|atements|||
|---|---|---|---|---|
||||2021|2020|
|Shares (cont)|||||
|Main Fund|||||
|Glaxosmithkline
ord 25p|||4,817|6,336|
|Prudential
Corporation|ord 5p||5,866|6,761|
|HSBC Holdings $0.50|||6,913|9,965|
|Royal Dutch Shell Bshares Euros 0.07|||0|20,628|
|BHP Billiton $0.50|||9,053|7,467|
|Unilever Ord 3.1111p|||6,573|7,027|
|Rio Tinto ord 10p|||8,495|6,208|
|M&G securities
Optimum||income|0|12,523|
|Imperial Tobacco ord 10p|||0|3,901|
|FIL Inv Services UK Fid Strategic Bond|||0|23,343|
|Bbgi Sicav ord Npv|||16,779|16,191|
|Astrazeneca
ord $0.25|||17,605|17,445|
|Schroders E1|||8,886|8,355|
|Blackrock Fm Ltd|||17,218|13,287|
|Treasury stock 1.875%22/1 1/2022|||10,386|10,570|
|AXA Investment
Man US|||13,114|13,529|
|JP Morgan
Am UK Ltd|- US equity||0|23,796|
|BNY Mellon Fund Mgr|||14,688|14,660|
|Polar Capital Fund Healthcare|||8,841|7,594|
|JP Morgan
Am UK Ltd|- Emerg markets||13,508|11,514|
|GCP Infrastructure
Ord|shares 1p||6,784|8,136|
|Polar Capital Global Ord 5p|||9,936|10,260|
|Vodafone ord $0.21|||3,404|4,073|
|Barclays ord 25p|||0|3,654|
|Polar Capital Fund
N American|||0|22,951|
|BMO Commercial
Ord|1p||7,091|10,041|
|Reix 14.44p|||5,167|5,734|
|Land Securities ord 10p|||0|4,224|
|Schroder
Unit Trust European|||19,000|17,763|
|Reckitt Benck Ord 10p|||6,507|6,596|
|Schroder
Unit Trust Asian|||17,653|15,251|
|Neuberger
Ber|||0|17,050|
|Valu-Trac Investments|||18,027|21,994|
|Link Fund Sol Ltd|||14,811|14,078|
|M8G Ord 5p|||0|1,202|
|Premier Portfolio US Opportunities|||23,631|10,212|
|Target Healthcare
Ord|GBP1||11,530|11,975|
|Royal London|||20,193|0|
|Threadneedle|||19,554|0|
|Gemcap Investment|||27,063|0|
|Compass
Group Ord 11.05p|||5,175|0|
|Brown Advisory
Funds|||22,335|0|
|Cash held with investors|||17,066|5,747|
||||417,669|432,041|
||||692,185|687,990|
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