| Page | ||
|---|---|---|
| General Information | ||
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | ||
| Independent Examiners |
Report | |
| Report ofthe Trustees | 10 |
| Unrestricted | Restricted | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| Income: | |||||
| Friendly Society's donations | 3,380 | 3,380 | 3,410 | ||
| Maintenance contributions |
77,636 | 77,636 | 73,051 | ||
| Water heater contributions | 1,070 | 1,070 | 988 | ||
| Sundries | 120 | 120 | 53 | ||
| 82,206 | 82,206 | 77,502 | |||
| Other income: | |||||
| Investment income |
3,261 | 3,261 | 3,428 | ||
| Deposit account interest | 38 | 38 | 131 | ||
| 3,299 | 3,299 | 3,559 | |||
| TOTAL INCOMING | RESOURCES | 85,505 | 85,505 | 81,061 | |
| Expenditure: Telephone Postage and stationery |
735 554 |
735 554 |
617 410 |
||
| Subscriptions of National |
|||||
| Association ofAlmshouses |
295 | 295 | 281 | ||
| Almshouses training |
and seminar | ||||
| Sundry expenses Accountancy |
1,227 2,028 |
1,227 2,028 |
1,347 1,968 |
||
| Payroll | 511 | 511 | 353 | ||
| Wages Social security |
14,669 807 |
14,669 807 |
14,638 599 |
||
| Pensions | 421 | 421 | 417 | ||
| Rates and water | 6,688 | 6,688 | 1,795 | ||
| Insurance | 2,002 | 2,002 | 1,928 | ||
| Electricity and gas Repairs and decorations Stairs lighting |
1,570 35,308 |
1,570 35,308 |
1,261 28,079 336 |
||
| Bank charges | 21 | ||||
| 66,815 | 66,815 | 54,050 |
| Unrestricted | Restricted | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| Depreciation: | |||||
| Office equipment | 188 | 188 | 235 | ||
| TOTAL EXPENDITURE | 67,003 | 67,003 | 54,285 | ||
| NET INCOME | 18,502 | 18,502 | 26,776 | ||
| Investment gains |
60,712 | 60,712 | 31,706 | ||
| NET MOVEMENT | IN FUNDS | 79,214 | 79,214 | 58,482 | |
| Total funds brought | forward | 1,800,782 | 62 | 1,800,844 | 1,742,362 |
| TOTAL FUNDS CARRIED FORWARD | 1,879,996 | 62 | 1,880,058 | 1,800,844 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| FIXEDASSETS: | |||||
| Freehold property |
984,737 | 984,737 | |||
| Office equipment | 754 | 942 | |||
| Investments | 486,834 | 426,122 | |||
| 1,472,325 | 1,411,801 | ||||
| CURRENT ASSETS: | |||||
| CMF bank account | 261,843 | 271,817 | |||
| ERF bank account | 85,586 | 73,578 | |||
| Instant bank account |
41,608 | 38,342 | |||
| Scales Gift account | 62 | 62 | |||
| Current account | 22,128 | 6,910 | |||
| Debtors | 158 | 508 | |||
| 411,385 | 391,217 | ||||
| CREDITORS: | |||||
| Accrued expenses | 2,028 | 1,968 | |||
| Creditors | 1,624 | 206 | |||
| 3,652 | 2,174 | ||||
| 407,733 | 389,043 | ||||
| NET ASSETS | 1,880,058 | 1,800,844 | |||
| FUNDS: | |||||
| Unrestricted funds —reserve funds |
1,879,996 | 1,800,782 | |||
| Restricted funds | 62 | 62 | |||
| TOTAL FUNDS | 1,880,058 | 1,800,844 |
| .TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Freehold ~rt |
Office | ||
| COST OR VALUATION: | |||
| At 1 January 2021 | 984,737 | 1,793 | 986,530 |
| Additions | |||
| At 31 December 2021 | 984,737 | 1,793 | 986,530 |
| DEPRECIATION: | |||
| At 1 January 2021 Charge for year |
851 188 |
851 188 |
|
| At 31 December 2021 | 1,039 | 1,039 | |
| NET BOOK VALUE: | |||
| At 31 December 2021 | 984,737 | 754 | 985,491 |
| At 31 December 2020 | 984,737 | 942 | 985,679 |
| IXED | ASSET INVESTMENTS | ||||
|---|---|---|---|---|---|
| Market | Market | ||||
| Historical | Value | Unrealised | Value | ||
| Cost | 2021 | Gain/(Loss) | 2020 | ||
| COIF COIF M&G |
Capital (4,183.92 units) ERF Scheme (1,442.96 units) Charibond (41,953.75 units) |
35,567 93,236 49,610 |
86,048 349,950 50,836 |
10,690 51,830 ~1,808 |
75,358 298,120 52,644 |
| 178,413 | 486,834 | 60,712 | 426,122 |
| ANALYSIS O | F NET ASS | ETS | BETWEEN | FUNDS | ||||
|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | |||||
| Funds | Funds | Funds | Funds | |||||
| Tangible fixed |
assets | 985,491 | 985,491 | |||||
| Investments | 486,834 | 486,834 | ||||||
| Current assets Current liabilities |
3,652 ~3,652 |
407,671 | 62 | 411,385 ~3,652 |
||||
| 1,472,325 | 407,671 | 62 | 1,880,058 | |||||
| MOVEMENT | IN FUNDS | |||||||
| At | 1 January | Incoming | Outgoing | Movement | in | At 31 December | ||
| 2021 | resources | resources | investments | 2021 | ||||
| Unrestricted | funds: | |||||||
| Designated funds General funds |
388,981 1,411,801 |
18,690 | ~188 | 60,712 | 407,671 1,472,325 |
|||
| 1,800,782 | 18,690 | ~188 | 60,712 | 1,879,996 | ||||
| Restricted funds: | ||||||||
| Renovation grant |
62 | |||||||
| TOTAL FUNDS | 1,800,844 | 18,690 | ~188 | 60,712 | 1,880,058 |