##
##
##
##
##
##
##
##
##
##
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Tota I|Total|
|||||funds|fund|funds|funds|
||||Notes|E|E|6|f|
|INCOME AND ENDOWMENTS||FROM||||||
|Charitable
activities||||||||
|Almshouses
activity||||40,592||40,592|38,455|
|Investment
income||||942||942|222|
|Tota I||||41,534||41,534|38,677|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Almshouses
activity||||37,066||37,066|18,319|
|||||4,468||4,468|20,358|
|Net gains on investments||||10,183||10,183|1,285|
|NET INCOME||||14,651||14,651|21,643|
|Other recognised
gales/(losses)||||||||
|Gains on revaluation|offixed|assets||253,393||253,393||
|Net movement
In funds||||268,044||268,044|21,643|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||983,389|107,988|1,091,377|1,069,734|
|TOTAL FUNDS CARRIED FORWARD||||1,251,433|107,988|1,359,421|1,091,377|
##
|||||||||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted||Restricted||Total||Total|
|||||||funds||fund||funds||funds|
|||||Notes||E||E||E||E|
|FIXED ASSETS|||||||||||||
|Tangible assets||||9||1,022,069||107,988||1,130,057||876,664|
|Investments||||10||174,203||||174,203||164,020|
|||||||1,196,272||107,988||1,304,260||1,040,684|
|CURRENT ASSETS|||||||||||||
|Debtors||||||21,695||||21,695||10,156|
|Cash at bank||||||35,744||||35,744||43,365|
|||||||57,439||||57,439||53,521|
|CREDITORS|||||||||||||
|Amounts
falling|due within one year|||12||(2,278)||||(2,278)||(2,828)|
|NET CURRENT ASSETS||||||55,161||||55,161||50,693|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||||1,251,433||107,988||1,359,421||1,091,377|
|NET ASSETS||||||1,251,433||107,988||1,359,421||1,091,377|
|FUNDS||||13|||||||||
|Unrestricted
funds||||||||||1,251,433||983,389|
|Restricted funds
TOTAL FUNDS
The
finangial
statements
were
**„**, !
a; I, g'„„,
.„',/„**.**
. .. and were|||approved
signed on|by
the
its behalf||Board
by:|of|Trustees|and|107,988
1359421
authorised|for|107,988
1091377
issue
on|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||f|f|
||COIF deposit|account interest|||942|222|
|3.|INCOME FROM CHARITABLE ACTIVITIES||||||
||||||2023|2022|
||||||f|f|
||Almshouse
activity||||||
||Contributions|receivable|||42,031|38,455|
||Losses from|vacant properties|||(1,439)||
||||||40,592|38,455|
|4.|CHARITABLE|ACTIVITIES COSTS|||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 5)
f|note 6)
f|Totals
f|
||Almshouses|activity||31,428|5,638|37,066|
|5.|DIRECT COSTS OF||CHARITABLE ACTIVITIES||||
||||||2023|2022|
||||||f|f|
||Vacant property costs||||104||
||Water charges||||758||
||Insurance||||1131|1,142|
||Light and heat||||300||
||Repairs and|maintenance|||4,090|3,029|
||Cyclical repairs|||||6,720|
||Extraordinary|repairs|||21,846||
||Gardening||||2,920|1,940|
||Sundry expenses||||40|215|
||Bad debtvvrftten||off||239||
||||||31,428|13,046|
##
|||||||Governance||
|---|---|---|---|---|---|---|---|
||||||Management|costs|Totals|
||||||E|E|E|
|Almshouses|activity||||3,976|1,662|5,638|
|Support costs,||included|in|the above, are as follows:||||
|||||||2023|2022|
|||||||Almshouses|Total|
|||||||activity|activities|
|||||||E|E|
|Administration||fees||||3,780|3,571|
|Subscriptions||||||196|187|
|Independent|examination|||fees||174|156|
|Accountancy|fees|||||1,488|1,359|
|||||||5,638|5,273|
##
##
||COMPARATIVES
FOR THE STATEMENT OF FINANCIAL|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL|ACTIVITIES|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Restricted|Total|
||||||funds||fund|funds|
||||||E||E|E|
||INCOME AND ENDOWMENTS||FROM||||||
||Charitable
activities||||||||
||Almshouses
activity||||38,455|||38,455|
||Investment
income|||||222||222|
||Tata I||||38,677|||38,677|
||EXPENDITURE ON||||||||
||Charitable
activities||||||||
||Almshouses
activity||||18,319|||18,319|
||||||20,358|||20,358|
||Net gains on investments||||1,285|||1,285|
||NET INCOME||||21,643|||21,643|
||RECONCILIATION
OF FUNDS||||||||
||Total funds brought|forward|||961,746||107,988|1,069,734|
||TOTAL FUNDS CARRIED FORWARD||||983,389||107,988|1,091,377|
|9.|TANGIBLE FIXED ASSETS||||||||
|||||||||Housing|
|||||||||properties|
|||||||||E|
||COST OR VALUATION||||||||
||At 1January 2023|||||||876,664|
||Revaluations|||||||253,393|
||At 31December 2023|||||||1,130,057|
||NET BOOK VALUE||||||||
||At 31December 2023|||||||1,130,057|
||At 31December 2022|||||||876,664|
|9.|TANGIBLE FIXED|ASSETS|- continued|||
|---|---|---|---|---|---|
||Cost or valuation|at 31December 2023 is represented||by:||
||||||Housing|
||||||properties|
||||||E|
||Accumulated
revaluation||gains||820,195|
||Cost||||309,862|
||||||1,130,057|
|10.|FIXED ASSET INVESTMENTS|||||
||||||Listed|
||||||investments|
||||||E|
||MARKET VALUE|||||
||At 1January 2023||||164,020|
||Revaluations||||10,183|
||At 31December 2023||||174,203|
||NET BOOK VALUE|||||
||At 31December 2023||||174,203|
||At 31December 2022||||164,020|
||There were no investment||assets outside the UK.|||
||Cost or valuation|at 31December 2023 is represented||by:||
||||||Listed|
||||||investments|
||||||E|
||Accumulated
revaluation||gains||86,452|
||Cost||||87,751|
||||||174,203|
|11.|DEBTORS:AMOUNTS|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||f|E|
||Contributions|in arrears|||2,107|1,247|
||Other debtors|||||486|
||Prepayments|and accrued income|||19,588|8,423|
||||||21,695|10,156|
|12.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
||||||2023|2022|
||||||E|E|
||Contributions|received||in advance|173|658|
||Other creditors|||||220|
||Accruals and|deferred||income|2,105|1,950|
||||||2,278|2,828|
##
|MOVEMENT
IN FUND|S||||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.23|in funds|funds|31.12.23|
||||E|E|E|E|
|Unrestricted
funds|||||||
|Accumulated
Income|||49,469|6,101|(17,305)|38,265|
|Property
Reserve|||201,874|||201,874|
|Property
Revaluation
Alfred Ward Trust|Reserve||566,802
361|253,393||820,195
361|
|Cyclical Maintenance|Reserve||37,338|1,785|7,028|46,151|
|Extraordinary
Repair|Reserve||50,234|2,710|4,277|57,221|
|Long Term Development||Reserve|77,311|4,055|6,000|87,366|
||||983,389|268,044||1,251,433|
|Restricted funds|||||||
|Maldon
District Council||Grant Reserve|107,988|||107,988|
|TOTALFUNDS|||1,091,377|268,044||1,359,421|
##
|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|||||E|E|f|E|
|Unrestricted|funds|||||||
|Accumulated|Income|||41,534|(37,066)|1,633|6,101|
|Property
Revaluation||Reserve||||253,393|253,393|
|Cyclical Maintenance||Reserve||||1,785|1,785|
|Extraordinary|Repair|Reserve||||2,710|2,710|
|Long Term Development|||Reserve|||4,055|4,055|
|||||41,534|(37,066)|263,576|268,044|
|TOTAL FUNDS||||41,534|(37,066)|263,576|268,044|
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.1.22|in funds|funds|31.12.22|
||||E|E|E|f|
|Unrestricted
funds|||||||
|Accumulated
Income|||40,722|27,284|(18,537)|49,469|
|Property
Reserve|||201,874|||201,874|
|Property
Revaluation|Reserve||566,802|||566,802|
|Alfred Ward Trust|||361|||361|
|Cyclical Maintenance|Reserve||37,876|(6,495)|5,957|37,338|
|Extraordinary
Repair|Reserve||43,312|342|6,580|50,234|
|Long Term Development||Reserve|70,799|512|6,000|77,311|
||||961,746|21,643||983,389|
|Restricted funds|||||||
|Maldon
District Council||Grant Reserve|107,988|||107,988|
|TOTALFUNDS|||1,069,734|21,643||1,091,377|
##
|||||Incoming|Resources|Gains|and|Movement|
|---|---|---|---|---|---|---|---|---|
|||||resources|expended|losses||in funds|
|||||6|E|6||E|
|Unrestricted|funds||||||||
|Accumulated|Income|||38,677|(11,599)||206|27,284|
|Cyclical Maintenance||Reserve|||(6,720)||225|(6,495)|
|Extraordinary|Repair|Reserve|||||342|342|
|Long Term Development|||Reserve||||512|512|
|||||38,677|(18,319)|1,285||21,643|
|TOTAL FUNDS||||38,677|(18,319)|1,285||21,643|
##
##
|||2023|2022|
|---|---|---|---|
|||6|6|
|INCOME AND ENDOWMENTS||||
|Investment
income||||
|COIF deposit account interest||942|222|
|Charitable
activities||||
|Contributions
receivable
Losses from vacant properties||42,031
J1,439)|38,455|
|||40,592|38,455|
|Total incoming
resources||41,534|38,677|
|EXPENDITURE||||
|Charitable
activities||||
|Vacant property costs
Water charges
Insurance||104
758
1131|1,142|
|Light and heat
Repairs and maintenance
Cyclical repairs
Extraordinary
repairs
Gardening
Sundry expenses
Bad debt written
off||300
4,090
21,846
2,920
40
239|3,029
6,720
1,940
215|
|||31(428|13,046|
|Support costs||||
|Management
Administration
fees||3,780|3,571|
|Subscriptions||196|187|
|||3,976|3,758|
|Governance
costs||||
|Independent
examination
Accountancy
fees|fees|174
1,488|156
1,359|
|||1,662|1,515|
|Total resources expended||37,066|18,319|
|Net income||4,468|20,358|