2020-09-30-accounts

Reference and Administrative	Reference and Administrative	Details	Details
Trustees' Report				2 to 10
Independent Auditors'	Report			11to 12
Statement ofFinancial	Activities			13
Balance Sheet				14
Statement ofCash Flows
Notes to the Financial	Statements			16to 23
Detailed Statement of	Financial		Activities	24 to 25
Detailed SOFA summary		per	fund	24

Increased		Costs &Reduced Income	Costs &Reduced Income
investment		Losses on Valuation		63,456
iA'ages 8	Salaries			60,957
Catenng	8	Cleaning		19,735
Dividends		Received		13,019
Auditors	Ren;uneration-		Audit	1,500
Auditors	Remuneration-		Other	8,087
insurance		pren'iums		8,151
AbLeyiieid		Itvlembership		7,999
Otl'ei				5,141
TOTAL				188045

OFFSET BY
Reduced Costs &Increased income
General Ma'ntenance	61,281
Donations & Legacies	54,967
Rental Income	16,965
Depreciation	6,365
Other	~3087
TOTAL	142665

		Current	Target	Last	Next
		~2019 20	~2019 20	~2018 19	~2020 21
Metric	1-Reinvestment			0%	0%

				Unrestricted
				funds
					Restricted	Total
				General	funds	2020
			Note
Income aad Endowments		from:
Donations and legacies				68,100		68,100
Charitable activities				951,752		951,752
Investment income				21,420	1,944	23,364
Total Income				1,041,272	1.,9414	1,043,216
Expenditure on: Charitable activities				~975,400)	~9,486	~984,886
Total Expenditure Gains/losses on investment Net expenditure		assets		(975,400) ~72,622 (6.750)	(9,486) ~)0.793) ~)8,335	(984,886) ~83,415) ~(-'5,087
Net movement in funds				(6,750)	(18,335)	(25,085)
Reconciliation offunds
Total funds brought	t'orward			3,739,290	65,548	3,804,838
Total funds carried	forward		16	3,732,540	47,213	3,779,753

				Balanc	e Sheet as at 30Sep	tember 2	020
							2020	2019
						Note
Fixed assets
Tangible assets							3,462,324	3,495,769
Investments							662,406	769,809
							4,124,730	4,265,578
Current assets
Stocks							6,050	5,804
Debtors							24,783	19,189
Cash at bank	and in hand						223,692	154 733
							254,525	179,726
Creditors: Amounts		falling		due within	one year	19	~75,556	~83,727
Net current	assets						178,969	97,999
Total assets	less current		liabilities				4,303,699	4,363,577
Creditors: Amounts		falling		due after	more than one year	11	(331,754)	l366,547i
Provisions						12	~192,392	~192,392
Net assets							3,779,753	3,804,838
Funds ofthe	charity:
Restricted income fuads
Restricted funds							47,213	65,548
Vnrestricted	income	funds
Vnrestricted	funds						3,732,540	3,739,290
Total funds						1.6	3,779,753	3,804,838

				2020	2019
			Note
Cash flows froin operating	activities
Net cash (expenditure)/income				(25,085)	20,295
Adjustments to cash flows	from non-cash	items
Depreciation				38,535	44,900
Gain on listed investments				20,015	i.9,959
				33,465	85,154
Working capital adjustments
Increase in stocks			8	(246)	(777)
Increase in debtors (Decrease)/increase in creditors			9 10	(5,594) ~6,363	(1.9,099) 6,544
Net cash flows &om operating activities				21,462	71,822
Cash flows from investing activities
Purchase oftangible fixed assets				(5,090)	(2,038)
Purchase ofinvestments				(640,999)	(34,720)
Sale ofinvestments				728,387
Net cash flows I'rom investing	activities			82,298	(36,758)
Cash flows from financin activities Repayment ofloans and borrowings			10	~34,003	~40,6961
Net increase/(decrease) in cash and cash equivalents				68,959	(5,532)
Cash and cash equivalents at	I October			154,733	160,265
Cash and cash equivalents at	30September			223,692	154,733

The aggregate pay	roll costs were as follows:
		2020	2019
Staff costs during	the year were:
Payroll and Other	Costs	548,063	487,106

2020		2019
No		No
	25		12

4 Auditors' remuner	ation
		2020	2019
Audit ofthe financial	statements	9,000	7,500
Other fees to auditors
All other non-audit services		10,396	2,309

6 Tangible fixe	d	assets
			Land and	Furniture and
			buildings f	equipment	Total
Cost
At I October 2019			3,403,310	626,546	4,029,856
Additions Disposals				5,090 ~385,1312	5,090 ~385,012)
At 30 September	2020		3,403,310	246,624	3,649,934
Depreciation
At 1 October 2019				534,087	534,087
Charge for the year Eliminated on disposals				38,535 ~385,032	38,535 ~385032
At 30 September	2020			187,610	187,610
Net book value
At 30 September	2020		3,403,310	59,014	3,462,324
At 30 September	2019		3,403,310	92,459	3,495,769
Land and buildings		cost is as follows:
Housing properties		cost			3,637,310
Less: Social housing		grant			(234,000)
Net Cost					3,403410
7 Fixed asset investments
				2020	2019
Other investments				662,406	769,809
				2020	2019
Cost b/fwd				710,367	675,648
Additions				641,000	34,720
Disposal				~728,387
Cost c/fwd				622,980	710,367
Unrealised	gain			39,426	59,441
Market value		c/fwd		662,406	769,809

8 Stock
					2020	2019
Stocks					6,050	5,804
9 Debtors
					2020f	2019 f
Trade debtors					848	1,277
Other debtors					23,935	17,912
					24,783	19,189
10 Creditors. '	amouats	falling due within one year
					2020	2019
					f	f
Abbeyfield loan					36,182	36,190
Other taxation	and social security				6,706	5,729
Other creditors					32,668	39,808
					75,556	81,727
11 Creditors:	amounts	falling due after		one year
					2020	2019
Abbeyfield loan					331,754	366,547
The Abbeyfield	Loan is	secured against	the Charity's		land and buildings.
Included in the	creditors	are the following		amounts	due after more than five years:
					2020	2019
After more than	five years by instalrnents				~l87,026	~2247t7
12 Provisions
					Other
At 1 October 2019					provision ~192,192	Totalf ~192192)

16 Funds
							Balance at
			Balance at I			Other	30
			October	Incoming	Resources	recognised	September
			2019	resources	expended	gains/(losses)	2020
Unrestricted		funds
General			3,739,290	1,041,272	(975,400)	(72,622)	3,732,540
Restricted	funds		65,548	1,944	(9,486)	(10,793)	47,213
Total funds			3,8114,R38	1.643.216	~984.88	~83,435	3,779.753

							Balance at
			Balance at I			Other	30
			October	Incoming	Resources	recognised	September
			2018	resources	expeaded	gains/(losses)	2019
Unrestricted		funds
General			3,708,026	98I,124	(934,618)	(16,242)	3,739,290
Restricted	funds		76,517	3,179	~9431)	~4717	65 548
Total funds			3,784,543	984,303	~944,049	~79,959	3,804,838

Detailed St	atemen	t	ofFinan	cial Activities	for	the Year E	nded 30 Septem	ber 2020
					2020		2020
				Unrestricted
				funds
						Restricted		Total
				General		fundsf	Total	2019
income and Endowments		from:
Donations and legacies (analysed
below)				68,100			68,100	13,133
Charitable activities	(analysed		below)	951,752			951,752	934,787
Investtnent income	(analysed		below)	21,420		1,944	23,364	36,383
Total income				1,04 1.,272		1,944	1,043,216	984,303
Expenditure on: Charitable activities	(analysed		below)	~975,400) ~9,486			~984,886)	~944,049
Total expenditure				(975,400)		(9,486)	(984,886)	(944,049)
GainsRosses on investment (analysed below) Net (expenditure)/income		assets		~t72, 622 ~6,750	~10,793) ~t)8,335		~83,4)5 ~25,085)	~)9959 20,295
Net movement in funds				(6,750)		(18,335)	(25,085)	20,295
Reconciliation of funds
Total funds brought	forward			3,739,290		65,548	3,804,838	3,784,543
Total funds carried	forward			3,732,540		47,213	3,779,753	3,804,838

					2020	2020
					Unrestricted
					funds
									Total
					General	Totalf			2019 f
Donations		and	legacies
Legacies	and bequests				62,170	62,		170	4,500
Appeals	and donations				348		348			137
Visitors,	guests		and Dariington	room hire	3,105	3,		105	7,679
Sponsorship					2,477	2,477				817
					68,100	68,100			13,133
					2020	2020
					Unrestricted
					funds
									Total
					General	Total			2019
Charitable		activities
Income	irom letting and care			service charges	951,752	937,732			934	747
					951,752	951,752			934,787

		2020		2020
		Unrestricted
		funds
			Restricted		Total
		General	funds	Total	2019
Investment	income
Income from other investments			1,944	1,944	3, 179
Income from other investments		21,420		21,420	33,204
		21,420	1,944	23,364	36,383

		2020		2020
		I;nrestricted
		lbnds
					Total
		General Restricted	funds	Total	2019
Chs rfra hie aet{sfties
Wages and salaries		{548,063)		(54S,063)	{48', 106)
Food costs and cleaning	tnaterteis	(126,079)		(126,079)	(106,344)
Light, heat snd pouur		(69342)		{69,342)	(65,186)
General resintenanc e Depreciation ofrestores	and frtt&ngs	(60,45S) (38,535)		(60,45S) (38,535)	(121,749) {44,900)
Insurance		(23,343)		(2&,343)	(15,192)
Water rates		(1S,966)		(18,966)	(19,946)
Abbeyfteld ruernbership		(15,8SI)		(15,8813	(7,882)
Sundry expenses		(15,566)		(15,566)	(9,824)
Garden roainte canc e		{!.5,558)		{15,558)	(14,463)
Telephone snd arhuinistrahve
expenses Auditors' reinuneration		{13,604) (10,396)		(13,604) (10,396)	(18,3SI) {2,309)
tifinibus leasing and other costs The audit ofthe charit.,'s annual			{9,48 5)	(9,486)	(9,431)
accounts		(9,000)		(9,000)	(7,500)
Council Tax		{8,647)		(8,647)	(8,742)
Loan interest		1,952		1,952	5,094
		975 400		984 886	(944 049