| GA | E | ' | 5 | ' | CH | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NNU | PO | ||||||||||||
| THE YEAR | E | D | D 31 D | EMBER | 202 | ||||||||
| Registered | Charity | No | 231021 | ||||||||||
| Registered | Address | c/o Rosehill Advisors | |||||||||||
| 13Glasshouse Studios |
|||||||||||||
| Fryern Court Road | |||||||||||||
| Fordmgbridge | |||||||||||||
| Hampshire | |||||||||||||
| SP6 IQX | |||||||||||||
| Trustees | Mr Philip Chisseli | Nominated | by | Pamphgl | 8 Shapwick | Partish Count) | |||||||
| Mrs Susan Frost | Nominated | by | Holt Parish Council | ||||||||||
| Cllr Ann Roberts | Nominated | by | Wlmborne | Minster Town Council | |||||||||
| Mrs Shirley Kerley |
Co-opted | (until September | 2026) | ||||||||||
| Dr Jane Fnend | Co-opted | (until | March 2025) | ||||||||||
| Mr Geoffrey Harm | Co-opted | (Until March 2026) | |||||||||||
| Mr Nicholas Lock |
Co-opted | (until March 2026) | |||||||||||
| Clerk to the | Trustees | Mr D Pardoe | |||||||||||
| c/o Rosehgl Advisors | |||||||||||||
| Independent | Examiner | Mrs N A Halls |
|||||||||||
| Fletcher lk Partners |
|||||||||||||
| Crown Chambers | |||||||||||||
| Bridge Street | |||||||||||||
| Saksbury | |||||||||||||
| Wgtshlre | |||||||||||||
| SPI 2LZ | |||||||||||||
| Land Agents | Rosehill Advisors | ||||||||||||
| 13Glasshouse Studios |
|||||||||||||
| Fryern Court Road | |||||||||||||
| Fordingbridge | |||||||||||||
| Hampshire | |||||||||||||
| SP6 IQX | |||||||||||||
| Sogcltors | Mr T Olliff-Lee | ||||||||||||
| Wllsons Sogcltors | |||||||||||||
| Alexandra House |
|||||||||||||
| St)ohns Street | |||||||||||||
| Salisbury | |||||||||||||
| Wiltshire | |||||||||||||
| SPI 258 | |||||||||||||
| Bankers | Uoyds Bank | ||||||||||||
| 1-2 High West Street | |||||||||||||
| Dorchester | |||||||||||||
| DT1 IUG | |||||||||||||
| LEGAL STATUS |
| F | OR | THE | E DED |
31 DECEMBER 2 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Tota I |
Total | |||||||||
| RECEIPTS | I | 2922 6 |
~22I | |||||||
| Residents' contnbutions St |
Margaret's | Almshouses | 40,740 | 40,740 | 40,927 | |||||
| Rental from investment properties |
99 977 | 99,977 | 93,483 | |||||||
| Donations | 20 | 20 | ||||||||
| Interest received |
3 | 3 | 8 | |||||||
| Refunded eiectncity and council tax Grazing rights |
11 | 11 | 1,491 11 |
|||||||
| Renewable heat incentive |
scheme | 244 | 244 | 971 | ||||||
| Bank compensation | 1,775 | 1,775 | ||||||||
| Insurance dalm |
||||||||||
| 145,277 | 145,277 | 136,891 | ||||||||
| Sale of mvestments | ||||||||||
| TOTAL RECEIPTS | 145,277 | 145,277 | 136,891 | |||||||
| PAYMENTS | ||||||||||
| Charitable Activity: |
||||||||||
| Repairs and improvements | to | almshouses/chapel | 57,990 | 57,990 | 13,374 | |||||
| Gardening | 5,589 | 5,589 | 5,033 | |||||||
| Water | 2,842 | 2,842 | 5,456 | |||||||
| Insurance of almshouses |
3,175 | 3,175 | 2,947 | |||||||
| Television hcences |
38 | 38 | 83 | |||||||
| Rates and electricity (during vacancy) Christmas presents ior almspeople |
375 | 375 | 1,103 350 |
|||||||
| Lifeline monitoring | 2,677 | 2,677 | 2,677 | |||||||
| Advertising vacant property Subscription to The Almshouse |
Assoaation | 216 | 216 | 260 | ||||||
| 72,902 | 72,902 | 31,283 | ||||||||
| Management and Administration: |
||||||||||
| Repairs and improvements Insurance of invt properties |
to investment and trustees' |
properties insurance |
17,459 5,418 |
17,459 5,418 |
23,843 4,609 |
|||||
| Council tax, water, gas &.electnaty Landlord's electridty |
during | vacancy | 361 | 361 | 425 293 |
|||||
| Landlord's Service charges —Beaufort Cottage Land agent's fees for managing properties |
218 16,080 |
218 16,080 |
212 11,046 |
|||||||
| Professional fees in connection |
with | revaluing | properties | |||||||
| for msurance | ||||||||||
| Professional fees for letting of Accountancy and mdependent Bank charges |
properties examination |
2,580 216 |
2,580 216 |
2,563 2,118 15 |
||||||
| Sundry charges | 154 | 154 | 20 | |||||||
| 42,486 | 42,486 | 45,144 | ||||||||
| Sub-total | 115,388 | 115,388 | 76,427 | |||||||
| OTHER PAYMENTS: | ||||||||||
| Capital expenditure Air Source |
Heat | Pump | for | almshouse | 3,675 | |||||
| Capital expenditure on car |
park | 2,020 | 2,020 | |||||||
| Capital expenditure on refurbishment |
of 14St | Margaret's | ||||||||
| 82,234 | 82,234 | 3,675 | ||||||||
| TOTAL PAYMENTS: | 197,622 | 197,622 | 80,102 | |||||||
| NET RECEIPTS / (PAYMENTS) FOR | THE | YEAR | (52,345) | (52,345) | 56,789 |
| T OF ASSETS | T OF ASSETS | AND LIABIL | IT | ||||
|---|---|---|---|---|---|---|---|
| AS AT 31DEC | R2021 | ||||||
| 2021 | 2020 | ||||||
| Current account |
11,325.56 | 63,670.69 | |||||
| R | ET R SS 5: |
||||||
| Residents' contnbutions/housing |
benefit | arrears | 355.83 | 51.33 | |||
| Prepayment —insurance |
2,380.00 | 2,086.00 | |||||
| Renewable heat incentive |
scheme | 1,471.16 | |||||
| 64,206.99 | 62,137.33 | ||||||
| LIABILITIES: | |||||||
| Accountancy / independent |
examination | accrual | 2,700.00 | 2,580.00 | |||
| Land agents'fees 2020 |
1,200.00 | 1,440.00 | |||||
| Trade creditors lk accruals |
|||||||
| Water &sewerage | 1,117.00 | 1,465.00 | |||||
| Bank charges | 28.81 | ||||||
| - Investment property |
repairs | 70.00 | |||||
| Residents' contributions received |
m advance | 186.00 | 934.95 | ||||
| Rental for Investment properties |
received | in advance | 174.60 | 1,333.60 | |||
| 65,476.41 | 67,753.55 |
| Properties held for investment purposes and bel |
ongmg to the Permanent Endowment Fun |
d. |
|---|---|---|
| Insurance | Insurance | |
| Valuation | Valuation | |
| Freehold Properties: |
at Ntzv~gtbgL2021 | EL~mbgL~ |
| No 8 West Street, Wimborne | 1,274,849.00 | 1,274,849.00 |
| No 9 West Street, Wlmbome | 511,827.00 | 511,827.00 |
| No 12 West Street, Wimborne | 67,220.00 | 67,220.00 |
| No 10West Street, Wirnborne | 366,769.00 | 366,769.00 |
| No 11West Street, Wlmborne | 331,389.00 | 331,389.00 |
| No 12A West Street, Wimborne | 392,714.00 | 392,714.00 |
| No 14 West Street, Wimbome | 391535.00 | 391 535.00 |
| 63,336,303.00 | 63,336,303.00 |
| Propertie | s held fo |
r m | vestme | nt pur |
poses and belonging to |
the Unrestricted Fund: |
||
|---|---|---|---|---|---|---|---|---|
| Insurance | Insurance | |||||||
| Valuation | Valuation | |||||||
| at November | 2020 | |||||||
| Beaufort | Cottage, | 23 | West | Street, | Wimborne | 369 128,00 | 369 128.00 |
| b) | Unrestricted Fund |
||||
|---|---|---|---|---|---|
| Market value | Market value | ||||
| M&G Charifund- | 2021 | 2020 | |||
| The Equities Investment Fund for Charities |
|||||
| 457.993 accumulabon units (2020 —457.993 accumulation |
units) | 5132,838.95 | 5111,581.20 | ||
| Cost 1108,798 (2020 - F108,798) | |||||
| c) | Endowment Fund |
||||
| Market value | Market va Iue |
||||
| M&G Charifund- | 2020 | ~2 | |||
| The Equities Investment Fund for Charities |
|||||
| 1384.611accumulation units (2020 - 1384,611units) |
1401,600.60 | 5337,333.89 | |||
| Cost II94,323 (2020 - 5194,323) | |||||
| FIXE | FOR CHARITY' SE: |
||||
| a) | For use by the charity and belonging |
to the Permanent | |||
| Endowment Fund: |
Insurance | Insurance | |||
| Valuation | Valuation | ||||
| s | at November 2020 |
||||
| Freehold Properties'. |
|||||
| Standard construction: |
|||||
| No's 1, 2 &.3 St Margaret's &Stone's Almshouses No's 4 &.5 St Margaret's &Stone's Almshouses No's 12 & 13St Margaret's &Stone's Almshouses |
760,663.00 342,004.00 329,031.00 |
760,663.00 342,004.00 329,031.00 |
|||
| No's 14 & 15St Margaret's & Stone's |
Almshouses | 357,334.00 | 357,334.00 | ||
| No's 16 &.17St Margaret's &Stone's |
Almshouses | 425 735.00 | 425 735.00 | ||
| Thatched'. | |||||
| No's 6, 7 &8 St Margaret's & Stone's Almshouses No 9 St Margaret's &Stone's Almshouses |
547,205.00 186,333.00 |
547,205.00 186,333.00 |
|||
| No 10/11 St Margaret's &Stone's Almshouses |
266 527.00 | 266 527.00 | |||
| Chapel at St Margaret's &Stone's Almshouses |
356,156.00 | 356,156.00 | |||
| 53,570,988.00 | 53,570,988.00 |