2021-03-31-accounts - Kings Cottages Trust

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								2021	2020
						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
					Notes
INCOMING RESOURCES
Incoming resources from Maintenance contributions	generated funds and investment income					72,581		72,581	72,587
RESOURCES EXPENDED
Costs ofgenerating funds Costs ofgenerating income						47,278		47,278	86.917
Net incoming/(outgoing) for charitable application		resources available				25,303		25,303	(14,330)
Governance costs						768		768	768
NET INCOME/(EXPENDITURE) YEAR			FOR	THE		24,535		24,535	(15,098)
RECONCILIATION OF	FUNDS
Total funds brought forward						154,986		154,986	170,084
TOTAL FUNDS CARRIED		FORWARD				179,521		179,521	154,986

	BALANCE SH AT31 MARCH	EET 202I
				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets		39,296		39,296	39,296
Investments		16,046		25,244	25,244
		55,342	9,198	64,540	64.540
CURRENT ASSKTS
Debtors		13,152		13,152	5,809
Cash at bank		114,132		114,132	94,506
		127,284		127,284	100.315
CREDITORS
Amounts falhng due within one year				(3,105)	( 671)
NKT CURRENT ASSETS		124,179		124,179
TOTAL ASSETSLESSCURRENT
LIABILITIKS		179,521	9,19$	18$,719	164,184
ACCRUALS AND DKFERRED INCOME			(9,198)	(9,198)	(9,198)
NET ASSETS		179,521		179,521	154,986
FUNDS	10
Unrestricted funds:
General fund		179,521		179,521	154,986
TOTAL FUNDS		179,521		179,521	154,986

arise when specifi	ed by the donor or whe	ed by the donor or whe	n funds are raised for particular restricted	purposes.
MAINTENANCE	CONTRIBUTIONS		AND INVESTMENT INCOME
				2021	2020
Maintenance contributions		received		71,183	71,171
Other investment	income			1,330	1,330
Deposit account interest				68	86
				72,581	72,587

			2021	2020
Wages	and	salaries	5,500	5,674

TANGIBLE FIXEDA	SSETS
			Freehold
			Property
COST
At 1 April 2020 and 31	March 2021		39,296
NET BOOK VALUE
At 31 March 2021			39,296
At 31 March 2020			39,296
FIXEDASSET INVESTMENTS
		2020	2020
Other		25,244	25,244
There were no investment	assets outside the UK.
Investments were as follows:
		2021	2020
M &G Charity Multi Asset Funds
HC Cook Bequest		7,697	7,697
Cribb/Cook Bequest Kings Cottages Accumulation Account		791 13,546	791 13,546
Kings Cottages General Miss NE Cribb Bequest	Fund	2,500 710	2,500 710
		25,244	25,244
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		2021	2020
Debtors		13,152	5,809
		13,152	5,809
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2021	2020
Other creditors		3,105	671

Cribb/Cook	bequests	No	1
Cribb/Cook	bequests	No	2
Cribb/Cook	bequests	No	3

Net move	ment	s in funds, included in the above	are as follows:
			Incoming	Resources	Movement	in
			Resources	expended	funds
Unrestricted		funds
General	fund		72,581	48,046	24,535
TOTAL	FU	DS	72,581	48,046	24,535

	FOR TH	E YEAR ENDED 31 MAR	CH 2021
			2021	2020
INCOMING RESOURCES
Maintenance contributions	and investment	income
Maintenance contributions	received		71,183	71,171
Other investment income			1,330	1,330
Deposit account interest			68	86
			72,581	72,587
Total incoming resources			72,581	72,587
RESOURCES EXPENDED
Costs ofgenerating income Warden's salary			5,500	5,674
Water Rates &Council Tax			3,465	5,463
Insurance			1,385	1,359
Light &Heat Sundries			668 420	414 295
Maintenance and repairs			29,845	61,500
Secretarial and Professional	Costs		5,354	10,447
Security costs				1,765
Overdue PAYE			641
			47,278	86,917
Governance costs
Accountancy			768	768
Total resources expended			48 046	87 685
Net (expenditure)/income			24,535	(15,098)