## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Replacement|Replacement||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||of||||Future|||||||| |||equipment
and
fumistungs||Extra-
ordinary
repair fund||cycgcal
repairs and
maintenance||Re-
valuation
reserve|Un-
restricted
funds|Total
Funds
2020||Total
funds
2019|| |||E||E||E||E|E|E|||E| |Incoming resources hom operating
activities
in furtherance
ofthe charity's objects:-
Properly revenue
2
East Street land
2|||||||||42,799
3,000|42.799
3.000|||45,170
3,000| |Investment
Income:-|||||||||||||| |Interesl|3||||||||3,021|3.021|||2,841| |Dividends
received|||||||||9,845|9.845|||| |Total Income|E||||||||58.665|58,665|E||51.011| |Resources expended on:|||||||||||||| |Charitable
expenditure|||||||||||||| |Services
Gardening
and grass cutting
Gas, hol water, and central heahng
Water rates|||||||||6.928
2,120|6,928
2.120|||150
5,441
1,794| |Electricity
Teephone
TV licence|||||||||705
4,062
23|?05
4,062
23|||361
2,640
45| |Council tax|||||||||3|3|||| ||||||||||13.841|3.84|5||| |Current maintenance
Maintenance|E||2,384|19.544|||||11,660|33588|E||23.753| |Management
—Noto 5
Insurance|||||||||1,140|1.140|||1,119| |Audit fees|||||||||2,280|2.280|||2,220| |Advertbing
Membership
fees
Meefing expenses
Sundry expenses
Subscnptions
Verualion Fees|||||||||102
326
378
210
4,436|102
326
378
210
4436|E||315
40
214
200
600
4.708| |Futum cycgcal repairs 8 maintenance|||||||||||||| |Exterior Painting|||||||||||||| |Refurblshments|||||||||||||| |Replacement
ofequipment 6furnishings|||||||||||||| ||E||||||||||||| |Net expenditure|E||2,384|19.544|||||29,937|51865|E||38,892| |Net outgoing
resources for year
Transfers
between
funds||(2.384)
2.384||(19,544)
7,260|||||28,728
(9,644)||||12,119| |Tmnsfer from investments
Gains on property
revaluation
Gains)(losses)
on Investmanls
Net movemenl
in funds
Funds as at 1stJanuary, 2020
Funds as at31stDecember, 2020|E
E||9,540
9540|(12.284)
(12.284)
148,265
135981|||19,501
50|16,628
(16,628)
1 849,554
3»|19,084
19,084
52,159
3|6,800
16628
(9,828)
2079.019
L.|E
E|12,119
342,778
85
M,»
1,672,471
.
L.
9|| ||||Note|2020
6|2020
6|f|8|2019|2019|E| |---|---|---|---|---|---|---|---|---|---|---| |Fixed assets||||||||||| |Housing
properties|at valuation||9||1,650,000||||1,650,000|| |Land at East Street|||10|||65,000||||65,000| |Investments|||11|||299349|||310,506|| |Total fixed assets|||||2.014,349||||2.025,506|| |Current assets||||||||||| |Investments|||12|32,724|||33.349|||| |Debtors|||13|3,405||||392||| |Bank and cash||||21,274|||22,124|||| |||||57,403|||55,865|||| |Creditors:-
Amounts
falling due within one year|||14|~2,561|||~2.352|||| |Net current assets||||||54,842||||53,513| |Total assets less current||liabilities|||2,069,191||||2,079,019|| |Creditors:-||||||||||| |Amounts
falling due after||more than one||||||||| |year||||||||||| |Other creditors||||||||||| |Net assets|||20|8|2,069,191|||6|2,079,019|| |Reserves-||||||||||| |per statement
offinancial
Revaluation
reserve||activities (page|6)
16||1,632.926||||1.849,554|| |Designated Funds:-
Future cyclical repairs and
Extraordinary
repair fund
Replacement
ofequipment
Unrestricted
funds||maintenance
and furnishings|17
18
19
15|||19,501
135,981
9,540
71,243||||19,501
148,265
9,540
52,159| |||||5|2,069,191|||8|2,079,019|| ## ## ## ## ||||2020|2019| |---|---|---|---|---| |||Note||| |Cash flow from operating
activities||21|(8,871)|8,714| |Interest paid||||| |Net cash flow from operating|activities||(8,871)|8,714| |Cash flow from investing
activities
Payments
to acquire investments
Dividends/Interest
received|||(18,845)
12,866|(57,000)
2,841| |Sale of investment|||14,000|| |Net cash flow from investing|activities||8,021|(54,159)| |Cash flow from financing
activities||||| |Net cash flow from financing|activities|||| |Net increase
/ (decrease) in|cash and cash equivalents||(850)|(45,445)| |Cash and cash equivalents|at 1"January||22,124|67,569| |Cash and cash equivalents|at 31"December||21,274|22,124| |Cash and cash equivalents|consists of:|||| |Cash at bank and in hand|||21,274|22,124| |Cash and cash equivalents|at 31"December||21,274|22,124| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Net income is stated after cha|rging/(cr|editin|g|):|||||| |---|---|---|---|---|---|---|---|---|---| |||||||2020|||2019| ||||||||||6| |Profit on fair value movement
ofproperty
(Profit)/Loss
on fair value movement
of||||||(16,628)|||342,778
51,651| |investments|||||||||| |AUDITORS REMUNERATION|||||||||| |The auditor's
remuneration
amounts||to an||audit fee of E2,280(2019 -E2.220).|||||| |TRUSTEE REMUNERATION|||||||||| |No trustee received remuneration
during|||this or the previous|||financial|year.||| |During the year, the trustees|did not|have||any expenses|reimbursed||(2019- ENil).||| |FIXEDASSETS - PROPERTY|||||||||| |||||||2020|||2019| |||||||6|||6| |Housing
properties
Cost||||||720,000|||720,000| |Revaluation
at 13/12/2013||||||780,000|||780,000| |Revaluation
at 21/05/2019||||||150,000|||150,000| |Valuation
at 31stDecember,|2020||||E|1,65D,DDD||E|1650,0DII| |Less:|||||||||| |Housing Association Costs
At 1stJanuary, 2020 and 31stDecember,||||2020|||||164,512| |Other costs and donations|||||||||| |At 1stJanuary, 2020 and 31st December,
Revaluation
at31 December 2019||||2020|||||26,476
(190,988)| |Depreciation
At 1stJanuary, 2020||||||||1,790|| |Revaluation
at31 December|2019||||||||| |||||||||1,790|| |At 31stDecember, 2020|||||||||| ||||||5||||| |6 [I
I
N 13110**IN. 2020
02019|||||E|165IIDDD||E|165DDDD| ## ## ## ## ## ## ## ## |IXEDASSET INVESTMENT|S||||| |---|---|---|---|---|---| ||COIF|COIF|Charily
MA||| ||income|accureulation|accumulauon|Total|Total| ||aharea
E|shares
E||2020f|2019f| |Cost orvaluations
At 1stJanuary. 2020
Additions
at cost|52,790|20,585|237,131
17,106|310.506
17,106|207,445
280,887| |Disposal at cost
Revaluation
during the year|3,376|26015|(14,000)
19,654|(14,000)
14,263|(225,627)
47,801| |At 31stDecember, 2020|56,166|22,600|220 583|299 349|f310,506| ## ## |URRENT ASSE|T INVESTMENTS|||| |---|---|---|---|---| |||Charity
MA||| |||income|Total|Total| |||shares|2020|2019| |||E|E|f| |Cost orvaluations||||| |At 1stJanuary, 2020
Additions/Disposals
atcost
Revaluation
during
the year||33,349
1,740
2,365|33,349
1,740
(2,365|27.760
1.740
3.849| |At 31stDecember,|2020|32.724|32,724|E33,349| ## ## ## ## ## ## |DEBTORS|||||| |---|---|---|---|---|---| ||||2020||2019| ||||||6| |Other debtors||f|3,455|5|3112| |CREDITORS|||||| ||||2020||2019| ||||6||6| |Amounts
falling due within one year:
Other creditors and accruals|||2 551||2,352| ||||2,651|E|2,352| |ACCUMULATED
UNRESTRICTED FUNDS|||||| ||||2020||2019| |At 1stJanuary, 2020
Surplus for the year
Transfers to designated|funds||52,159
28,728
~9,544||47,300
20,194
~15.335| |At 31stDecember, 2020||5|11,243|f|52,159| ## ## |EVALUATION
RESERVE||| |---|---|---| ||2020
6|2019
f| |At 1stJanuary, 2020|1,849,554|1.455,125| |Movement
during the year:
Current investments|(2,365)|3,849| |Fixed investments|(14,263)|47,802| |Housing
properties||342,778| |At 31stDecember, 2020|6 1,832,926|6 1,849,554| ## ## ## ## ## |UTURE CYCLICAL REP|AIRS AND MAINT|ENANCE|||| |---|---|---|---|---|---| ||||2020
8||2019
f| |At 1stJanuary, 2020|||19,501||19,501| |Expenditure
during
the year|||||| |Transfer from unrestricted|funds||||| |At31stDecember. 2020||2|19,591|8|19.591| ## ## |||||||Market| |---|---|---|---|---|---|---| |||||Cost||Value| |||||8||8| |COIF||||2,165||22,600| |Charity
Multi|Asset|Fund||242 732||220,583| ||||2|244,897|2|243.183| |||||2020||2019| |||||||8| |At 1stJanuary, 2020
From unrestricted
funds
Expenditure
during the year||||148,265
7,260
~19,544||141,005
7,260| |At 31stDecember,||2020|8|135.!181|2|148,255| ## ## ## ## ## ## ## |REPLACEMENT OF EQUIPMENT
AND FUR|NISHINGS||| |---|---|---|---| |||2020|2019| ||||E| |At 1stJanuary, 2020
Expenditure
during
the year
From unrestricted
funds||9,540
(2,384)
2,384|9,540
(8,0?5)
8,075| |At 31stDecember, 2020|9|9.549|9,540| ## ## ||||||Net||| |---|---|---|---|---|---|---|---| ||||Fixed||Current|Long-Term|Fund| ||||Assets|investments|Assets|Liabilities|Balances| |Revaluation|reserve||1,715,000|117,926|||1,832,926| |Designated|funds|||165,022|||165.022| |Unrestricted|funds|||16,401|54,842||71,243| |||E|1,715000|299,349|54,842||2069,191| ## ## |CONCILIATION
OF NET INCOME
/ (EXPENDIT|URE) TO NET CASH FL|OW FROM O| |---|---|---| ||2020|2019| |||E| |Net income/(expenditure)
for year|(9,828)|406,548| |Dividends/Interest
receivable|(12,866)|(2,841)| |(Gains)/Loss
on investments
(Gains) on Revaluation
of Property
(Increase)/decrease
in debtors
Increase/(Decrease)
in creditor|16,628
(3,014)
209|(51,651)
(342,778)
267
(831)| |Net cash flow from operating
activities||| ## ## ## |FINANCIAL INSTRUMENTS|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The carrying amounts
ofthe charity's
financial|||||instruments||are as follows:||||||| ||||||||||2020
f|||2019
8|| |Financial assets|||||||||||||| |Measured at fair value through|net||income:||||||||||| |-Fixed asset listed investments
-Current asset listed investments||(note 11)
(note 12)|||||||299,349
32,724|||310,506
33,349|| ||||||||||332 073||E|3|r 855| |Financial
liabilities|||||||||||||| |Measured
at amortised cost|||||||||||||| |-Trade creditors (note 14)|||||||||2,561
2,561||8||2,352
2,352| |The income, expenses,
net gains,|||and net losses attributable|||||the charity's|financial|instruments|||are summarised| |follows:|||||||||||||| ||||||||||2020|||2019
f|| |Income and expense|||||||||||||| |Financial assets measured
at|fair||value through||net income||||(6,783)||||51,651| |Financial
liabilities measured|at|fair value through||||net income|||||||| |Net gains and losses (including|||changes|in|fair value)||||||||| |Financial assets measured
at|fair||value through|||net income||||||342,778|| |Financial
liabilities measured|at|fair value through||||net income|||||||| ## ## ## ## ##