REGISTERED COMPANY NUM8ER.. 00003646 (England and Wales) REGISTERED CHARifi NUMBER: 236070 REPORT OF THE TRUSTEES AND UNAUDfrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 hlARCH 2021 FOR EVANSE COThAGE HOMES Prin Chartered knxxmtants Comer Oak 1 Hclner Road SdthuN B913QG EVANSE COThAGE HOMES CONTEfrifs OF ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Refernnco and Admknlstralfv• Detsi Report ofthe Trnst 2 10 4 Ind•p•nd•rt Examknges R•port Stat•m•nt of Flnanclal AclMIIos Bglance Shoet 7 to 8 Notes to tho Flnanclal Stat•m•nts g to 17 Iled Stat•m•nt ol Financlal A¢fj¥ldos 18 to 19 EVANS% corrAGE HOMES REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2021 TRUSTEES Lord Maycf of BwmiTr*am R clwn￿ts JP A M GwneyJP M J Hay￿nSJP J E PrescottJP R J TrengroJse JP R M TTh3ger JP REGISTERED OFFICE Prfomsgrove B617JY REGISTERED COMPANY NUMBER (XJX)3846 (ENJland 8rNJ Wa￿} REGISTEREO CHARITY NIIMBER 236070 INDEPENDENT EXAMINER 1 Homer Ro•J Sdlijll B91 3QG Page 1 EVANS3 corrAGE FW)MES REPORT OF THE TRUSTEES FOR THE YEAR E14DEO 31 MARCH 2021 The trustees vh) are 81s0 directors ol the chaiity for wrw)ses of th8 corr￿anieS A£t 2006, wesent their rewt wlh the fnanc4al ststements of the chwty for the year ended 31 March 2021. The trustees have adopted Ihe prowsions of P£counlmg and ReFMyb"rrfJ by Chariti&s". Statement of Recommendwj Prnclice applicable ￿ charitEs preparing th￿r accounts in with Ihe Financial Reporb'ng Standard appIl￿ble in Ihe UK ￿ Repubffic of Ireland IFRS 1021 leffedrye 1 j￿Uary 20191 O&JECTIVES AND ACTMTIES Objecti￿$ and alms The charita￿8 coM￿S d>jeclives to p¥O￿￿e shelwed accommOdatic￿ for women over Ihg age of 60 with Preference given to Ihose re&ding wrthin five rnA8s olts uty of Birmingham. The strategy em￿40￿1 b assist the cl• to meet tt¥s 0￿.eCtiVe is b probide maintain suitabty d8S*3ned accommodati(M ￿ eldety lathes to enable ttlem kn lead an indep￿￿nt life thl interference r*¢essary. with the SUPPJrt of extemal agerK*S as by them or Iher famty. The trustees refer lo ihe Chty CommissN)n's gwal ￿MIance on pthl'c benefit vthen rwewing the charitable company's wms and oL¥ectNes in fu￿re actiwies. In pathular, the trustgas h8 cOn￿d￿ed hLhV Pl￿￿1 xliths wil tontiibule to tr* ws ctiects￿ set R•vlow of the Activilies The charitatAe cCMm￿Y provides rnantains 26 of aC￿mmodation. The Manag8m8nt Charge IMMC) per unit Increa￿ to £460 pw (201￿20.. £445) vthh effect frLKn ￿￿12020. DLMng the year the￿ has been sigmfieant eXper*M￿ (m tho matters.. 11 Upgrades to bathrooms andlor kntthens for present resmjents" 21 Continuation of the gard￿ landscaFffi9 proJTrmrne" 31 Modemisalion of Ilats. when empty. prior lo new regdwit - also some inv0ve￿ts lor present ￿Idents who w￿e wlling to wdure ts urthaval Nthlst Ir4ry in fiat.. 41 The conlifKung use of a CCTV moritcfflng tystem vh)b8 of Ihe site.. Sl Work to check, ￿ rem￿ vthere r￿, the damp WfM)fing *] Ihe grcMsKI IlocK flats arKI ccmmmunal areas around the site; 61 An extensive pro￿0Mme ofre-de¢ryation I￿7ng the dwnp 71 Exten*ve devek*KKfwII of Ihe the gle WKaudir¥J Ihe removal of sets of steps and tho re4esign of ￿0￿r, 81 Improved car parknng arèa. siitwig areas and pathways ar0￿￿1 Ihe site; 91 Recfuitrnent of a replacement &Jr Ihe adminthbTh) d(￿ by the Chair of Trustees and fono¥4mg the retirement of the H￿se Managw Mrs gje Willams. The trustees are immensety grateful to Mrs Williams for the work that she has ¢J(￿8 dumg her time at Evans Garthns - she has navigated ts building of the cKJmmunal extensic￿ and several major b￿￿9 (knknwlents. FINANCIAL REVIEW Flnanclal position Dumg the year the tharity made a deficit of £9.62512020'. gXF4us £2.839). (fverall the ¢hari¢atAe company has 8ccumulated reserves of £628,012 (2020.. £637.6371. of £68,335 12020.. £66.6061 are hekl in designated ￿serveS. Of these des¥Jnatsd reserves. £19.585 {3)20: £17.856) are held Ai ￿$h and cash equivalents. Inv•stmont Polky The￿ are no restsicbon5 on Ihe th￿ty.5 PQ1￿5 lo in4psL The inNes1m￿l policy is d•x#J8d upon by the Iruslees. Funds are hdd in the Affimative Cy&t Fu￿. Red*Dod Bank. Cambridge and Counties and Virgin aett￿nts (which was dosed the year202￿21) sP￿Tfit* fcK Ch￿tleS. P8ge 2 EVANS'S corrAGE trKMAES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 FINANCIAL REWEW ReseThes Pollcy It is the poI￿Y of the trustees to m?inl• urffeslr￿￿ IwKls arn the free reser￿ of charity) al a minimum of 3 months Maintena)￿ contrt>ulK)ns ￿¥￿1deS suffiryenl funds lo cover any unforeseen expenses or liabilitie5. kn athjition designated reser￿ are hekl to cover cydical and extraordinary maintenwsce and repair ¢￿Sts. The desigmale(i and free reserves &e represente(I by InveSth￿nIS and cash at bank. Free reserves are defined as those u￿e￿r￿1 funds that *e TrJl invested in fixed assets li.e. those reserves %thich are liquid and rea(￿ av•lable to the tru5tee5). A5 at 31 Mwch 2021 free reserves were £189.259 (2020.. £193.847}. G￿n9 concern The trustees have prepar&Y a business pbn for 2021-22 and. having considered the cashflow forecast for t 12 monlhs fc4bMng the date of sgning of these aCc￿Trts, are Satisf￿ that the tharitable ¢X￿panY can conlinue to operate. These ￿A]untS have IheTefoTe been prepared on a gong concem basis. FUTURE PLANS The trustees will conb.rwje to assess WKI deve￿ the Futtwe deveknpments urKler considwation indude.. 1 } Insiallation of a fina] stair4Kt to errable a stair4ift f￿ik"ty to all frst knr ￿mModations. 2) Any necessary Hnprovements to access for th mcble resdents ￿ Visbtors.. 3) On-going refurbishment of fiats as and Nthen Ihey tecome Y￿nt., 4) A rolling prO￿amMe of refurbishments for Ihe wesenl residents based on n￿1. opporttjnity and wshes of the rgsidents.. 5) ConSiderat￿n of Ihe rec(Mmmendaliors made in the ijryuennial rerM)rt (3)201; 6) Further improvement to the l￿dscapIng ol 7) Further consmleration of ts $4my of the w￿rgY US•38 ￿ the site ar•J awri>priate upgra¢Jes to the gas and electricity provi&ons. STRucnJRE. GOVERNANCE AND MANAGEI Goveming document Th8 organisats.on is a char*at4e urlimiled ￿rnpanY wit1￿rt share capilal. ir￿orporated on 6 January 1868 arm Islered as a charity on 10 September 1964. The o￿np￿ vras eslablished under a MeM￿andum of Associakn whi¢h gslablisw its oty'ects * rw)wErs gO￿¢d Lmder this d(￿ment R•cnAtm•nt and Appolnim•nt of TnJst••s and Dlr•cto The d1￿clorS of the ￿rnpanY are also tharity t[L￿lee$ Ihe PL¥pose of thwity law and under the compan￿$ Articles of AssocAt￿n are known as the commiltee. The administration of th8 charitable company is Cond￿ted by Ihe board. They decide all matkrs of PLqicy and management and meet at regular inletvals thr￿h￿l Ihe year. Dir•etor Induction and Training New trustees are made a4Ydre of ther resp(mstih'ties * famlraiise themsefves ¥￿th Ihe rM3ctical and finantsal operakn'ons. To assK%l them ar8 provthd svth a copy of the Tmst's constilulion, Ihe latest published accounts and approwBte Charty Ccxnmissim Board rn￿berS a￿ assouates and friends of the chartst￿e company wth pat"cular speualigms. Rlsk managemont The majority of ihe charilable Com￿$ tx¥rent assets ￿ in4ESted in th Lloyds Bank. Red¥wod Bank, Cambrith3e and Cwn1￿ Bank or Affim)ative Da￿sIt FurMI for Ch￿.8$. The trustees are of the view that the current investment has a minimal risk the chwilth crmnpany. The trustees Co￿der Ihe key risks associated wth c*aritaL4e ¢))mp￿Y arwj erwrE Ihat thwe is an ats4uate contr(4 erwwonment to mitigate these nsks. EVANS% COThAGE HOMES REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 This reFwyI has baèn prepared in aCc￿d￿ vAlh the WO¥iSM)ns of Part 15 of the Companies Act 2tX16 relating to Sm￿1 comp￿1&s. 0211112021 4)woved by or(ler of the board of InJst88s on ........................... .... signed its behaw by: R Clements JP - Twslee WDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EVANS'S COThAGE HOMES Ind•pend•nt •xamin•es rep¢￿ to th• trust•es of EV￿.$ Cottage Hom•s Ilhe Company'l I report to Ihe charity trustees on my eXaMMab￿ of the a¢cowts of the Ccrfnpany lor the year ended 31 March 2021. RespOn￿bIlitIeS and basis of rnport As the charity's trustees of the Cc¥npany (and also its d￿e¢￿S frx the purp)ses of company lawl you are responsible for the prep￿￿n of the ￿AInts in accordance ¥￿1h Ihe requirgmerrts of the C(￿panIeS Act 2006 Ilhe 2Crf)6 Act'l. HaMr¥J satisfied myself thai a(y>Jmts of tr* Ccthpary are rth3t rewred to be audited ￿der Part 16 of the 2006 Ad arKI are eligible for 1ThJeperKl￿I examinatscffi, I rrfx)rt In respect of my examlnats.c￿ of your d)arity's acu)unls as carried cwjt under section 145 of Ihe clwill￿ Act 2011 Ilhe 2011 Act'l. kn caryng Thjl my examinatson I have follo￿d the Direcbons gr¥En by the Chanty Commission under section 14St51 {bl of ihè 2011 Act. Indopandent examin•rfs stat•m•nt I have conN)leled my examinabon. I ccrfrm that no matteFS haNe e4)me to my attenlion ￿ eomection v•ith ihe examinati￿ giviro me cause to beh"e¥e". accounlwig records were kept in respecl of the Ccrfnpany as reqiMrgJ by Secti￿ 386 of the 2006 Act., or Ihe accounts is) rnt accud 7hith those re(xwds,' or Ihe accounts do not COMp￿Y wth the ac¢rwnting reqLwwnents of sedw)n of the 2tK)6 Act other th any requirement that Ihe accounts gNe a In* f8Y *lich i% not a matter (￿nsIdered as part of an independent examination: or the accounts have not been prep￿1 7hith the metlvyts ants prinaples of the stalerT￿l of Recommended Prac￿.￿ acc￿Untsr￿ and repthng by charities (applieat4e to charities preparing their accounts in acc(￿￿nce wilh Ihe Fina￿1￿ Rewxb'rvj StaKJard apylKable in the UK and RekwLIic of Ireland IFRS 1021). I have no concerns and have come across no Olher matters in Cor￿ctIon ￿th the exarnination to whith attention shoukl be drawn in Ihis re￿t in order to enatle a proper urKlerstarKlir¥J of the acLounts to be Jeremy lfjtson FCA Prime Chartered Accountants Comer Oak 1 Homer Road Solihull B913QG Date: ....-...0.4}.fj.11202.1................... Page 5 EVANS'S CO￿AGE HOMES STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME EXPEla)rruRE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Restricted fijr Total lunds Total funds {￿)le 131 INCOME AND ENDOWMENTS FROM Donations a[￿leg￿e$ 9,500 Charltablo •¢tJvltio8 Charitable xtiwties Maintenance o)nlribution Donation5 144.389 144.389 593 140.192 19 Investment Nicome 2.197 3,166 Total 147.179 147.424 153.377 EXPENDMJRE ON Charttable activllles Charitable 8cbwtiès Day to day maintenance Extraordinary mantenanc8 Cyclical maintenance Governance costs 61.889 7,265 63.246 16.310 61,889 7,265 63.246 16.310 62.811 6.123 50.675 27,096 2.710 Olher 5.171 5.171 1,109 156.939 1S6.939 150.524 Net gainsllk)5ses) t investments {110} 1110) 114) NEr INCOMEI(EXPENDITURE} P.760) 135 {9.625) RECONCILIATION OF FUNDS Total funds brought forward 637.637 634.798 TOTAL FUNDS CARRIEO FORWARD 619.017 628,012 637,637 Page 6 EVANS'S COThAGE HOMES BALANCE SHEET 31 MARCH 2021 2020 Unrestricted nds Chtyi (Note 13) Restsicted fuTrJ Total lunds Total funds Notes FIXED ASSErs Tangible assets Investmenls Investments Inv8Stm8nt prcperty 381.008 381.008 386,180 8.99$ 48.750 8,860 48.750 10 48.750 429.758 8,995 438,753 443,790 CURRENT ASSETS PrepayTrenls and acrned inccrfne Cash al bank 618 192,119 618 191119 212 1Sfj.662 192.737 192.737 196,874 CRED￿oRs lOL￿ts falling due one year (3,478) 13N781 {3.027) NET CURRENT ASSErs 189.259 189.259 193,847 TOTAL ASSETS LESS CURRENT UABIUTIES 619.017 628,012 637,637 NEf ASSErs 619.017 8,995 628.012 637.637 FUNDS Unrestricted furKIs 12 628.012 637,637 TOTAL FUNDS 628,012 637.637 The charitsble company is enliU8d to ex￿p1K]n frcrfn uThler Seclion 477 of the CoMpan￿S Art 2￿6 for the year ended 31 Mareh 2021. The rnembers have not reqUI￿d the coryany to oblain an ajdil of its fu)anci81 statemenis for Ihe year ended 31 March 2021 in accordan￿ wth seckn.on 476 of Ihe Cwaiies kt 2006. The trustees ￿kno￿edge their responsthli ilies (a) ensuring thal the charitable CoMp￿Y keeps acc￿JnI￿u re(X￿d5 that CDmFdy wth Sections 386 and 387 of the CompanEs Acl 2006 and Ib) wepamg fin￿￿al slatements v*lKh sive a true WKI fair of ihe state of affairs of Ihe charitable company as al the end of each financia year ol ts surplus or defiat for each finanaal year in accordance W•ith Ihe reqLirements ol Sections 394 aTrJ 395 thi¢h olheThvise ¢c¥nply ￿￿1h the requIrem￿ts of the Cui)p8nies Act 2(￿ rdatirKJ to fin¥Mial stalements. so far as applicable to the charitable crjnp￿y. Thjtes form pJt of these ffinancial stat￿ents Page 7 continued... EVANS'S COThAGE HOMES BALANce SHEEf. cortlnu•d 31 MARCH 2021 These ffinanoal statements have bw pry&J in xconknce Yrilh the wowsions appliCa￿e to charitable ts)mp8nies subject to the comparies regime. The financial statements were awffoved by the Bowd of Trustees aTrJ aUth￿Sed for issue on ..021.1.1J202.1..... . arvj on ts behaf ty. Rcle JP- Trustee R M TriggerJP- EVANS'S COThAGE HOMES KITES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2021 PRINCPLE ACCOUNTING POLICIES The Evans's Cottaje Homes is an 1rK0￿￿ated Ch*ity in Ihe Uiyted KingJc*m. The adctress of the office is given in the tharity nfomiakn ￿ page 1 of tt*5e fm8rKial ststements. The principal accoun￿9 p(Aioes are summarised bdow. The &cL￿ntI)Y pc4iues have been ap￿ed e￿919tentty througtthjl the year the preceding peri¢Jd. ACCOUNnNG POLICIES Bas18 of pr•partng thg financial statem The financial statements have been prepwed uThJer Ihe hist(¥t4 Lx)sl wA￿lIng COn￿l￿)n except Ihat invesknents held as fixed assets are carr*d al market vahje. They are drawn up in ac￿rdanCe with the Conwanies Act 2006. The ch￿"ty consb"lutes a pub&c b￿efit entity as deffined by FRS102. The f￿ana31 stslements have been prepared in a¢tA)￿anCe Ihe Charities SORP {FRS 102) Aceounb"ng 3rKJ Reportmg by Chariti￿ Statement of RecommerKled PractKe arvlieable to charities p￿paring their acc(xJnls in acmdance V•ith Ihe Fnancial Reporb'ng Standard applicaL4e in Ihe UK aTh RepublK of Ireland (FRS 102) (effective 1 January 20191,. Reportsng Standard 102 The Finanaal Repo￿.ng Stsndard applLable in the UK and Republ￿ of Ireland the Cofflpanies Act The financial statements are concAm basis Umler the knstorical cost t￿n¥@￿tion. The PreSer￿atiOn curr￿ of the fina￿￿ slateffwts is th8 P(xJrvJ Sterfiry {£1. Income Al income is recogru5ed in the Statem￿1 of Finaroal c￿e ts tharity has entiilemenl to the fiJThJs, il is probable that Ihe irlxffle 7hryl be recefv*d and thè al￿￿t can be measured reliably. Liabdilies are as ex¥￿Illure as as th￿e rs a lega cff constnJciNe obligation mittin9 charity to that experxliture, rt is Fwobabkg ttlat a Iransfer of economic benefits wll be required in se￿￿Dent aThJ the of ￿ dth"gation can be measwed reliably. ExterbdttLre is counted for on an accruals basis and has b88n dassifi8d under headin9S that aggregate al cost related lo the categ¢Ny. Where costs canThx be (*recYy attritxjted to particular he•Jirys they have been allocated to actiwbes on a bay5 COnSiStenl YAth the use of resour￿. Tangible fixed assets Houslng propertl•s- d•pr•ciati¢>Th No deweuatim is provmjed on freehold prorArt*s on Ihe gTouTrJs Ihal they are maintaingj re¢3ularfy lo gh standard and. in Ihe opiThon ol ihe Trustees. gNen the h￿h residL*I value of the properties, the depreCial￿n charge and a0￿nUts￿d be immalwd to ￿se xcounts. Th& Trustees have carefijlly con5thrwJ any wnpwml￿I in Ihe carrying value of the Pro￿rtIeS ond a promsion is not crmsidered ne￿sary. Flxlur¢s and r￿l￿a&- dèweclatlon The fixtuw and fiithr#Js are depreuaied on 8 strwght kne bass. A fvAI yearfs d￿rge has been provided for in the year of arKI Th) pro￿0￿ WAI be m*Je H) the year of disposal. Iterns less Ihan £1.0￿ are rKJl caplaised. Inv•stm•nt property Investmenl prO￿ty is Sh(￿ at most reeent vdualim. Any aggregate sury)lus or deficit arising from changes in fair ￿￿e is ￿¢￿sed Ihe Ststerr*nt of Fwbancial Pdiwlies. conlinued... EVANS% COThAGE HOMES NOTES TO THE FINANCIAL STATEMENTS. conlSnwl FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POUCIES- continu•d Ttixation As a charitsble u)nwany. Tr Evans's cwe Homes, is exempl from ￿ on income gains falling V+i￿n sectyons 481489 of the CTA 2010 or Sedion 256 of ihe Taxation of Char9eable Gains Act 1932 to Ihe extent thal these a￿ b) ILS th*b"tsble ei¥eds. No tax charges havo *isen Voilhin the tharitable company. Fund a¢￿untIng Unrestricted fun¢Js re• fwbJ$ thal are exFw¥Jth at the (*scr8t¥)n of the trustees the fijrtherance of ts Obl￿ts of Ihe chwrtatAe oNnpany. S￿h futKls Ma￿ hdd in order to finance both I￿)rking capit81 at¥J caixtal wweskn Dosignatod Funds Designated fvnds are those fiJThJ5 are w¥eS1rp￿ in nalure bLrt *thich have bèen dwnated by the trustees to used n the fokniiThJ mtrner. they a￿ ouoin8d beknw. Cyclical, R•pairs and maintenance fund The reseNe represents amounts set ¢￿￿al M￿Man￿ to meet costs in excess of budgeted exp&)dity￿ for any year. Extraordinary r•pair5 fund This reserve represents amunts set 8*Je tr) cony Out w repays woperties lo meet costs in excess of budgetsd expeNkn yew. R•8trict•d fund ResIri￿ed fuThJs can ￿ be used for p8rbuAar Testrthd PLWFQSes wth¥i the objects of charitab company. Rèstrictions aiise when 4)ecified by the doncff or vknen fiJnds are raised for particular P•nslon$ The tharita￿e company contributes lo fv Fvsonal ￿slon sthemes of enwoyees. Pension costs charged in the Ststement of Finan¢ial represent contribJtK)ns payat4e by tt)e thanty in I VAT The tharitsble compwy is exempt frcrfn VAT. In thEse ffin￿¢1￿ ststeM￿ts. ￿ere 3P￿1¢0b19. expenditure is shovffj indusive ol VAT. INVESTMENT INCOME 2021 SuThJry irwme Deposit ￿￿ount n)terest 252 2,190 394 2.772 2A42 3,166 p￿10 c#)nlin￿d... EVANS'S corrAGE HOMES NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnu•d FOR ThE YEAR ENDED 31 MARCH 2021 NET INCOMEIIEXPENDrruRE) N81 I￿)Me1(eXPen￿1yreI is staled after th￿l￿￿￿ethI￿gI. 2020 Independent exam￿al￿n ¢xssts Deprec4ation . owied assets 3,058 5.172 2.710 1.109 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remunera1*￿ or other beneffts for the ￿ eThJèd 31 2021 nor for thè year ended 31 March 2020. Trustees. expgnws There We￿ no trustees. exr*nses pad lor Ihe yew ended 31 March 2021 nor ILY the year eThJed 31 March 2020. STAFF COSTS The average number of staff • by ts Ch• durry the period was 1 (2020.. 11. No employees (2020.. receiv￿1 total be￿ts exce￿￿￿ £60.C￿. The tharity operates a defin&1 Cl￿tri[￿j1￿￿ %heme. The charg& to the Statement of F￿arria1 ActiMties for the year is £￿0(2020.. £￿}. There we no wtslanding c(mtributions aNI no prepaid contr1￿kn at the year end 31 Oecwnbw 2021 at 31 December 2020. Page 11 conlinued... EVANS'S CO￿AGE HOMES NOTES TO THE FINANCIAL STAT￿lENTs- c(w￿1n￿d FOR THE YEAR ENDED 31 MARCH 2021 COIIPARATIVES FOR THE STATEME1￿ OF F*4ANC￿ ACTIVITIES LKiked Charity (Note 13} Restricted fijnd Total funds INCOME AND ENDOWIIEpifs FROM alDns aThJ legaoes Charitable activltles Chariiable xtivities Maintenarte contrtjubon Donations 140.192 19 140.192 19 Investment incethe 2.786 3.166 T¢￿1 143,497 153,377 EXPENDITURE ON Ch¥rflabh activili•s C￿table activities Day lo day Ma￿7t￿nar Extraord¥i8ry Mainten￿Ce Cyclical maintenance Govemance costs 62.811 6.123 41.175 27,096 2.710 62,811 6,123 50.675 27.0 2.710 1.109 1.1Cp3 141.024 150.524 gaiisllh)sses) on investTh {14) (141 NEf INCOME 2.473 RECONCILIATK)N OF FUNDS Totsl funds brought forwwd 8.494 634.798 TOTAL FUNDS CARRIED FORWARD 637.637 Page 12 continued... EVANS'S CO￿AGE HOMES NOTE5 TO THE FINANCIAL STATEMENTS. conllnued FOR THE YEAR ENDED 31 MARCH 2021 TANGIBLE FIXED ASSETS Fixlures F￿eh(thI fittw)gs Totals COST At 1 Awl 2020 and 31 Marth 2021 367.330 409.726 DEPRECIATION At 1 Apil 2020 Ch￿e for year 23.546 5.172 5.172 At 31 March 2021 28.718 28.718 NET BOOK VALUE At 31 March 2021 367.330 13fv78 381,008 At 31 Marth 2020 367.330 18.8 386,180 FIXED ASSET IMVESTMENTS Unlisted investrnents IAARKETVALUE At 1 April 2020 Adth'lions RevaluatiiJ)s 8.860 245 1110) Al 31 March 2021 8.995 NET BOOK VALUE At31 M￿h 2021 At 31 March 2020 Th￿ ￿tre inestment 8ssels oulsi(k ts UK The inveslment belong5 to The thd Smith Evarts Tr￿t F￿d a Inked ch*ity to Evans's Criw Resources Gains and Movement in lunds Unrestrlcted fvnds General fund D￿gnated f￿d.. Cydical Rvs & Maintenan Designated fLmd: Exlr&Chdwwy Repays Linked tharity. AJfr&J Smilh Eva TnTrst 143.497 {72.7531 70,744 {27.0961 {27,0961 141,1751 {41.1751 366 143.877 {141.0241 1141 2.839 Restrlctsd funds Restricted fvnd [9.￿￿)) TOTAL FUNDS 153.377 I1￿1.524} 1141 2,839 Page 16 cc￿￿'nUed... EVANS'S CO￿AGE KIMES NOTES TO ThE FINANCIAL STATEMENTS. contin￿1 FOR ThE YEAR ENDED 31 MARCH 2021 13. RELATED PARTIES UNKED CHARITY- Allrnd Smlth Evans Trusl Fund: Charlty No. 23607￿1 The Ajlred Smilh Ewars Trust FuTrJ 15 a linked tharty of The Ewdn5's Cot* trkxnes under a scheme dated 29 1982. By a trLtsI deed dated 14 S8Ptember 1￿. i￿)Me from The Ajfred Smith Evars Trust FLnd. is to be apphed in avgmentiNJ the irKome of The Evans's Cottage Hc￿￿5. These fuThJs are hetd as vestrnenl in Blackr￿k Charities UK B￿￿1 FuTrJ shw. The m¥ket value of this investment al 31 March 2021 was £8.995 12020. £8.8601 Inv8sts))8nt incom of £24512020: £3801 has b88n r8tained and reinveslwj by The Alfved Smith E¥￿S Furnl. A￿Unts consol￿akn"ng subSid￿ry are r#)t ￿epa￿ on Ihe basis that the gross irhcfjme of I subsidiary tharity for the year 31 March 2021 is imm8tena to the wup and hence th]e iFKome of the groLP dc￿ not exceed the audit tlweshdd. 14 RESTRICTED FUND No restricted inccrfne was applied for or reC￿d durirKJ Ihe yearerKled 31 March 2021. During the yew ended 31 M¥th 21J20. Ihe ap¥11￿ for grant hJrKlry lo assist with the Costs of the palio sealing wea extenwn Ihe entrarth. ￿ vknich li r8cew8d a ti)lal of £9.5(KJ. ￿1 the grant irK¥)me r￿￿ved vras ex[*￿ dUlti￿ ts year 31 M¥ch 2020. Page 17 EVANS'S COThAGE HOMES DEfAILEO STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2021 Z021 2020 INCOME AND ENDOWMENTS Donatlons and logxles Grants Investrn•nt Income Sundry income Deposit &count inlmt 252 394 2.772 3.166 Charltable activitles Maintenance cOntfit￿lIOn ServKe charges re¢eiva•le Laundry service charges Sundry income Just give Sundry donations 111.071 30.857 2,378 83 108,084 29.968 2,068 72 19 593 144.982 140,711 Total Incomln9 ve8ourc•s 147A24 153,377 EXPENDITURE Charltabl• xtivitles Water Heal. tM)iler mwntenartè l ighl Gardening and wndow cbeaT¥ng Warden's salary Ilnc Nll Warden's pension ¢(￿lribUtI Property inswance Telephone Monitoring and personal alams Sundries Administralic¥) fe8S 2.890 15.543 9.008 15.323 16.426 8.667 15.421 5.467 619 4.122 5.125 602 471 $6.923 59.398 Other Fixbjres arvj filtin9S 5.171 1,109 Support costs Other Day lo day mawrtenance 12231 12231 9,536 9.536 Tli$ page