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||||Page||
|---|---|---|---|---|
|Reference and Administrative<br>Details|||||
|Report ofthe Trustees||2|to|4|
|Report ofthe Independent<br>Auditors||5|to|7|
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Notes to the Financial|Statements|10|to|17|
|Detailed Statement of|Financial Activities|18|to|21|





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|TRUSTEES|DJWhitmore||||
|---|---|---|---|---|
||R G Pannell||||
||A J Williams||||
||A C Thorarinsson||||
||M J Frammingham||||
||Ms SM Cambridge||||
||Mrs A Wadsworth|(resigned 13.10.20)|||
||KL Blythe||||
||Mrs J Saunders||||
||KBanks||||
||Miss KE Smith||||
||Miss J A Taylor (resigned|||1.3.21)|
||RJHarrison||||
||RW Brain (appointed||19.1.21)||
|PRINCIPAL ADDRESS|27-29 Old Market||||
||Wisbech||||
||Cambridgeshire||||
||PE13 INE||||
|REGISTERED CHARITY|233003||||
|NUMBER|||||
|INDEPENDENT AUDITORS|Hayhow &Co||||
||Statutory<br>Auditor||||
||19King Street||||
||King's Lynn||||
||Norfolk||||
||PE30 1HB||||
|SOLICITORS|Hawkins<br>Ryan||||
||19Tuesday Market|Place|||
||King's Lynn||||
||Norfolk||||
||PE30 1JP||||
||A J Cave||||





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|||F|OR THE|YEAR EN|DED 31DECEM|BER 2020||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.12.20|31.12.19|
||||||Unrestricted|Restricted|Endowment|Total|Total|
||||||funds|funds|fund|funds|funds|
|||||Notes|f.|f.|f|f|f|
|INCOME AND|ENDOWMENTS||FROM|||||||
|Charitable<br>activities||||||||||
|Almshouses|||||147,069|||147,069|141,063|
|Donations<br>and legacies|||||1,000|||1,000||
|Investment<br>income|||||25,756|||25,756|25331|
|Other income|||||334|||334|534|
|Total|||||174,159|||174,159|166,828|
|EXPENDITURE|ON|||||||||
|Charitable<br>activities||||||||||
|Almshouses|||||129,322|||129,322|115,136|
|Poor Fund|||||1,993|||1,993|1,299|
|Annuallunch|||||57|||57|1,548|
|Net gains/(losses)|on investments||||23 788|||{)5772)|~85|
|NET INCOME|||||18,999||8,016|27,015|132,431|
|Transfers<br>between|funds||||~6250)||6250|||
|Net movements<br>in funds|||||12,749||14,266|27,015|132,431|
|RECONCILIATION||OF FUNDS||||||||
|Total funds brought||forward|||~6|3jgt4|247 191|893 471|761 040|
|TOTAL FUNDS CARRIED FORWARD||||||||||





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## 

|3|1DECEM|BER 2020|||||
|---|---|---|---|---|---|---|
||||||31.12.20|31.12.19|
|||Unrestricted|Restricted|Endoivment|Total|Total|
|||funds|funds|funds|funds|funds|
||Notes||g|f|||
|FIXEDASSETS|||||||
|Investments|6|487,123|37,074|132,787|656,984|656,129|
|CURRENT ASSETS|||||||
|Debtors|7|2,101|||2,101|2,040|
|Cash at bank||196925|530|128670|326 125|332064|
|||199,026|530|128,670|328,226|334,104|
|CREDITORS|||||||
|Amounts<br>falling due within one year|8|~20 631|||{20631)|~42 107|
|NET CURRENT ASSETS|||||||
|TOTAL ASSETSLESSCURRENT LIABILITIES||665,518|37,604|261,457|964,579|948,126|
|CREDITORS|||||||
|Amounts<br>falling due atter more than one year|9|{44093)|||{44093)|{54655)|
|NET ASSETS|||||||
|FUNDS|||||||
|Unrestricted<br>funds|11|621,425|||621,425|608,676|
|Restricted<br>funds|||37,604||37,604|37,604|
|Endowment<br>funds||||261 457|261 457|247 191|
|TOTAL FUNDS||~21 42|~|~|~|~41|





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||||31.12.20|31.12.19|
|---|---|---|---|---|
|COIF Income shares|||7,033|6,898|
|NAACIF|Accumulation|shares|16,627|16,142|
|Barclays Bank Pic|||169|337|
|Cambridge|and Counties||1,927|1,854|
||||25,756|25,231|





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|||||31.12.20|31.12.19|
|---|---|---|---|---|---|
|Fees payable to the charity's|auditors|for the audit ofthe charity's|financial|||
|statements||||2,328|2 328|



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||During<br>the year payments|were made for reimbursement<br>ofgeneral|expenses as follows:—||
|---|---|---|---|---|
||||2020|2019|
||D J Whitmore||78|177|
||Mrs J Saunders||407|85|
||Mrs A Wadsworth|||112|
||||485|374|
|5.|NET RESOURCES EXPENDED FOR THE YEAR||||
||This is stated after charging:||||
||||2020|2019|
||||f||
||Clerk's remuneration||11,981|11,808|
||Auditor's<br>remuneration||2,328|2 328|
||The Clerk's remuneration|is paid to Wheelers for the administration|ofthe Charity.||
||FIXEDASSET INVESTMENTS||||
|||||Unlisted|
|||||investments|
||MARKET VALUE||||
||At<br>1 January 2020|||656,129|
||Additions|||16,627|
||Revaluations|||~15,772)|
||At 31 December 2020|||f656,984|
||NET BOOK VALUE||||
||At 31 December 2020|||f656,984|
||At 31 December 2019|||f~656 12|





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|7.|DEBTO|R|S:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|---|
||||||31.12.20|31.12.19|
||||||f|f.|
||Other debtors||||227|193|
||Prepayments||and accrued|income|1,874|1,847|
||||||2,101|2,040|
|8.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||31.12.20|31.12.19|
||Other loans||(see note 10)||10,562|10,562|
||Trade creditors||||2,274|22,844|
||Accruals and deferred<br>income||||7,795|8,701|
||||||20,631|42,107|
|9.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONK YEAR||||||
||||||31.12.20|31.12.19|
||||||f|f.|
||Other loans||(see note 10)||44 093|54,655|
|10.|LOANS||||||
||An analysis||ofthe maturity|ofloans is given below:|||
||||||31.12.20|31.12.19|
||||||f||
||Amounts|falling due within one year on demand:|||||
||Almshouse||Association||10,562|10,562|
||Amounts|falling between||one and two years:|||
||Almshouse||Association||10,562|10562|
||Amounts|falling due between two and five years:|||||
||Almshouse||Association||23,687|27,687|
||Amounts|falling due in more than five years;|||||
||Repayable||by instalments:||||
||Almshouse||Association||||





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|MOVEMEN|T<br>IN FU|NDS||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.20|in funds|funds|31.12.20|
|||||||f||
|Unrestricted|funds|||||||
|General<br>fund||||139,602|24,943|(17,711)|146,834|
|Cyclical Maintenance||Fund||81,473|52|17,860|99,385|
|Extraordinary|Repair Fund|||317,270|(13,602)|(6,399)|297,269|
|Charity for the Poor||||43,313|2,647||45,960|
|Charity for Sermons||||1,640|127||1,767|
|King's Lynn|&Wisbech Hospital||NHS|4|||4|
|Trttst||||||||
|Bank interest|received|||136|||136|
|Income Fund|—Len Rush|||25 238|4 832||30070|
|||||608 676|18999|~6250)|621 425|
|Restricted<br>Funds||||||||
|Charity for the Poor Capital Balance||||17,074|||17,074|
|15Kent Road|Fund|||20,530|||20,530|
|||||37 604|||37 604|
|Endowment|funds|||||||
|Permanent<br>Endowment||Fund||247,191|8,016|6,250|261,457|
|TOTAL FUNDS||||893,471|27,015||920486|
|Net movement|in funds, included||in the above are as follows:|||||
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended<br>f.|losses|in funds<br>f|
|Unrestricted|funds|||||||
|General<br>fund||||153,595|(129,322)|670|24,943|
|Cyclical Maintenance||Fund||52|||52|
|Extraordinary|Repair Fund|||16,627||(30,229)|(13,602)|
|Charity for the Poor||||1,500|(1,993)|3,140|2,647|
|Charity for Sermons||||41||86|127|
|Income Fund|—Len Rush|||2,344|~57)|2,545|4,832|
|||||174 159|(~131372|23 788|18999|
|Endowment|funds|||||||
|Permanent<br>Endowment||Fund||||8,016|8,016|
|TOTAL FUNDS||||174,159|~131,372)|~15,772)|27,015|





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|Comparatives<br>for mo|vemen|t<br>in funds:|||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between||
||||01.01.19|in funds|funds|31.12.19|
||||f|f|||
|Unrestricted<br>funds|||||||
|General<br>fund|||134,531|34,210|(29,139)|139,602|
|Cyclical Maintenance|Fund||63,663|89|17,721|81,473|
|Extraordinary<br>Repair Fund|||246,172|65,930|5,168|317,270|
|Charity for the Poor|||35,721|7,592||43,313|
|Charity for Sermons|||1,397|243||1,640|
|King's Lynn &Wisbech Hospital NHS|||||||
|Trust|||4|||4|
|Bank interest received|||136|||136|
|Income Fund —Len Rush|||19,814|5,424||25 238|
||||501 438|113488|6 250|608 676|
|Restricted<br>funds|||||||
|Charity for the Poor Capital||Balance|17,074|||17,074|
|15Kent Road|||20 530|||20 530|
||||37 604|||37604|
|Endowment<br>funds|||||||
|Permanent<br>Endowment|Fund||221,998|18,943|6250|247,191|
|TOTAL FUNDS||||||~41|
|Comparative<br>net movement||in funds, included|in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended<br>f|losses|in funds<br>E|
|Unrestricted<br>funds|||||||
|General<br>fund|||147,763|(115,136)|1,583|34,210|
|Cyclical Maintenance|Fund||89|||89|
|Extraordinary<br>Repair|Fund||16,142||49,788|65,930|
|Charity for the Poor|||1,470|(1,299)|7,421|7,592|
|Charity for Sermons|||40||203|243|
|Income Fund —Len Rush|||1,324|(1,548)|5,648|5,424|
||||166828|117983|64 643|113488|
|Endowment<br>funds|||||||
|Permanent<br>Endowment|Fund||||18,943|18,943|
|TOTAL FUNDS|||166,828|~117,983)|83,586|132,431|





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|A current year 12months|A current year 12months|A current year 12months|and prior year 12months|combined|net position as|follows:|follows:|||
|---|---|---|---|---|---|---|---|---|---|
||||||Net||Transfers|||
||||||movement|||between||
|||||01.01.19|in funds|||funds|31.12.20|
||||||||||f|
|Unrestricted<br>funds||||||||||
|General<br>fund||||134,531|59,153|||(46,850)|146,834|
|Cyclical Maintenance|Fund|||63,663|141|||35,581|99,385|
|Extraordinary<br>Repair|Fund|||246,172|52,328|||(1,231)|297,269|
|Charity for the Poor||||35,721|10,239||||45,960|
|Charity for Sermons||||1,397|370||||1,767|
|King's Lynn &Wisbech||Hospital NHS||||||||
|T111$1||||4|||||4|
|Bank interest received||||136|||||136|
|Income Fund —Len Rush||||19814|10256||||30070|
|||||501 438|132487|||12500|621425|
|Restricted<br>funds||||||||||
|Charity for the Poor Capital Balance||||17,074|||||17,074|
|15Kent Road Fund||||20 530|||||20 530|
|||||37 604|||||37 604|
|Endowment<br>funds||||||||||
|Permanent<br>Endowment||Fund||221 998|26,959|||12,500|261,457|
|TOTAL FUNDS|||||||||~6|
|A current year 12months|||and prior year 12 months|combined|net movement|in|funds,|including|in the above|
|as follows:||||||||||
|||||Income|Resources||Gains &||Movement|
||||Resources||Expended|||Losses|in funds|
|Unrestricted<br>Funds||||||||||
|General Fund||||301,358|(244,458)|||2,253|59,153|
|Cyclical Maintenance|Fund|||141|||||141|
|Extraordinary<br>Repair Fund||||32,769||||19,559|52,328|
|Charity for the Poor||||2,970|(3,292)|||10,561|10,239|
|Charity for the Sermons||||81||||289|370|
|Income Fund —Len Rush||||3 668|~1605|||8 193|10256|
|||||340987|(~249 355|||40 855|132487|
|Endosvment<br>Funds||||||||||
|Permanent<br>Endowment||Fund||||||26 959|26 959|
|TOTAL FUNDS||||340987|~249 355|||67 814|159446|





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|||||FORTHE Y|EAR ENDED 31DEC|EMBER 2020|||
|---|---|---|---|---|---|---|---|---|
||||||||31.12.20|31.12.19|
||||||Unrestricted|Endowment|Total|Total|
||||||funds<br>f|funds<br>f|fundsf|funds|
|INCOME AND||ENDOWMENTS|||||||
|Investment<br>income|||||||||
|COIF Income|||||4,150||4,150|6,898|
|NAACIF Accumulation|||shares||16,627||16,627|16,142|
|Barclays Bank|Pic||||167||167|337|
|Cambridge<br>and Counties|||||1 927||1 927|1,854|
||||||22,871||22,871|22,397|
|Charitable<br>activities|||||||||
|Contributions|from Almshouse|||residents|147,069||147,069|141,063|
|Other income|||||||||
|Ground rents|||||34||34|34|
|Sundry|||||300||300|500|
||||||334||334|534|
|Total incoming||resources|||170,274||170,274|163,994|
|EXPENDITURE|||||||||
|Charitable<br>activities|||||||||
|Repairs and maintenance|||||55,032||55,032|55,864|
|Framinghams|improvements||||25,164||25,164|9,095|
|Water rates|||||4,113||4,113|3,921|
|Insurance|||||3,818||3,818|3,809|
|Light and heat|||||13,854||13,854|15,351|
|Telephone|||||3,994||3,994|4,864|
|Careline|||||5,347||5,347|4,889|
|Television<br>licences|||||60||60|52|
|Council tax|||||2,191||2 191|700|
||||||113,573||113,573|98,545|
|Support costs|||||||||
|Management|||||||||
|Clerks salary|||||11,981||11,981|11,808|
|Subscriptions|||||301||301|287|
|Sundry|||||557||557|875|
|Mortgage<br>costs|||||528||528|528|
|Bank charges|||||54||54|59|
|Bad debts||||||||706|
||||||13,421||13,421|14,263|





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||FOR|THE YEAR ENDED 31DEC|EMBER 2020|||
|---|---|---|---|---|---|
|||||31.12.20|31.12.19|
|||Unrestricted|Endowment|Total|Total|
|||funds<br>f.|funds|funds|fundsf|
|Management||||||
|Governance|costs|||||
|Auditors'<br>remuneration||2,328||2,328|2 328|
|Total resources|expended|129322||129,322|115,136|
|Net income||40 952||40,952|48,858|





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|||KING'S LYNN GENERAL CHARI<br>CHARITY TRUSTEES|TIKS|||
|---|---|---|---|---|---|
|||DETAILED STATEMENT OF FINANCIAL|ACTIVITIES|||
|||FOR THE YEAR ENDED 31DECEMBER 2020||||
|||||31.12.20|31.12.19|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|INCOME AND|ENDOWMENTS|||||
|Investment<br>income||||||
|COIF Income shares||1,541||1,541|1,510|
|Total incoming|resources|1,541||1,541|1,510|
|EXPENDITURE||||||
|Charitable<br>activities||||||
|Distributions||1,937||1,937|1,237|
|Support costs||||||
|Management||||||
|Bank charges||56||56|62|
|Total resources|expended|1,993||1,993|1,299|
|Net income||(452)||(452)|211|





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||FORTHE Y|EAR ENDED 31DECE|MBER 2020|||
|---|---|---|---|---|---|
|||||31.12.20|3LI2.19|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||8||6|8|
|INCOME AND ENDOWMENTS||||||
|Donations<br>and|legacies|||||
|Donations||1,000||1,000||
|Investment<br>income||||||
|COIF income and fixed interest shares||1,342||1,342|1,320|
|Barclays Bank Pic||2||2|4|
|||1,344||1,344|1,324|
|Total incoming|resources|2,344||2,344|1,324|
|EXPENDITURE||||||
|Charitable<br>activities||||||
|Annual<br>lunch|||||1,487|
|Support costs||||||
|Management||||||
|Bank charges||57||57|61|
|Total resources|expended|57||57|1,548|
|Net (expenditure)/income||2,287||2,287|~224)|