2021-03-31-accounts

			LEGAL AND ADMINISTRATIVE	LEGAL AND ADMINISTRATIVE	LEGAL AND ADMINISTRATIVE	INFORMATION	INFORMATION
			FOR THE YEAR ENDED 31STMARCH 2021
Charity name:			Hitchin United	Charities
Charity registration		number:	236308
Charities' address:			Shilcock House
			99Bancrott
			Hitchin
			SGS INQ
Trustees:			Mrs. J.Kirby -	Chair
			Mr. D.Walmsley - Vice-Chair
			Mr. M. Bradly-Russell
			Mr.B.Smith
			Mrs. J.Joe
			Rev. C.Bunce
			Hertfordshire County		Council nominated	trustees:
			Cllr. D.Ashley
			North Hertfordshire		District Council nominated		trustees:
			Cllr. T.Tyler
			Cllr. RThake
			Cllr. I.Albert
			Cllr. C Strong (From		01-May-21)
Clerk to the	trustees:		Mr. M. W. Seaman-Hill
			(Provided by Messrs. John Shilcock)
Independent	examiner:		Philip Dean FCA
			Hicks and Company
			First Floor, 99	Bancrott
			Hitchin
			SG5 INQ
Bankers:			Barclays Bank	PLC
			5/6 High Street
			Hitchin
			SG5 IBJ
Solicitors:			HRJ Foreman	Laws
			25 Bancrott
			Hitchin
			SGS IJW

					HITCHIN UNITED CHARITIES	HITCHIN UNITED CHARITIES	HITCHIN UNITED CHARITIES	HITCHIN UNITED CHARITIES
				STATEMENT OF FINANCIAL ACTIVITIES
				Inca	oratin	an Income and Ex enditure			Account
				FOR THE		YEAR ENDED 31STMARCH 2021
						Note	Unrestricted	Restricted
							Funds		Funds	2021	2020
Income						4	f		f.		f
Income from charitable		activities:
Occupational charges from residents							115,670			115,670	103,614
Investment income:
Dividend income							5,949			5,949	6,022
Bank interest							31			31	124
Other interest
Rental income							10450			I0450	10,250
Other income:
Insurance claim							4,500			4400
Total income							136,400			136,400	120,010
Expenditure
Cost ofraising funds:
Cost ofcollecting occupational			charges				6,981			6,981	6,724
Investment management	costs						1,852			1,852	1,839
Expenditure on charitable activities:
Charitable activities							64,487			64,487	104,597
Total expenditure							73320			73320	113.160
Net income before gains							63,080			63,080	6,850
Other comprehensive income
Farmer Trust bank account brought				into	account		12,602			12,602
Other recognised gains	and losses
Gain/(loss) on revaluations		of	properties								(449,291)
Gain/(loss) on revaluation		ofinvestments					56,773			56,773	(26,282)
Realised gain on sale of	investments
Net movement in funds							132,455			132,455	(468,723)
Reconciliation offunds
Total funds brought forward							5,605475			5,605475	6,074,098
Total funds carried forward						11/12	5,737,830			5,737,83II	5,605,375
The notes on pages 9 to	13 form part of				these accounts.

			Unrestricted	Restricted
		Note	Funds	Funds	2021	2020
			f			f
Fixed assets
Properties		7	5,099,682		5,099,682	5,099,682
Investments		8	290,857		2903157	234,084
Total fixed	assets		5490439		5490439	5,333,766
Current assets
Debtors			70442		70442	44,046
Cash at bank			300,708		300,708	250,259
Total current assets			371,250		371350	294,305
Current liabilities
Creditors:
Amounts falling due within one year		10	23,959		23,959	22,696
Net current	assets		347491		347391	271,609
Net assets			5,737,830		5,737dt30	5,605,375
The funds ofthe charityi
Unrestricted	funds	II/12	5,737,830		5,737,830	5,605,375

					FOR THE YEAR ENDED 3	1STMARCH 2021
4.	Income					2021	2020
						f	f
	Income from charitable		activities:
	Occupational charges from			residents		115,670	103,614
	Investment income:
	Dividend income					5,949	6,022
	Bank interest					31	124
	Other interest
	Rental income					10450	10,250
	Other income:
	Insurance claim					4,500
	Total income					136,400	IID,DID
5.	Anal sis ofex enditure					2021	2020
							f
	Cost ofraising funds:
	Costofcollecting occupational				charges	6,9$1	6,724
	Investment management			costs:
	Clerk's salary and expenses					1,504	1,305
	Investment transaction	costs				348	534
						1,852	1,$39
	Expenditure on charitable			activities:
	Managing agents fees					6,981	6,724
	Gardening and cleaning					2,661	10,433
	Water rates					3,168	239$
	Electricity					936	1,501
	Gas					8,566	7,041
	Insurance					7474	6,444
	Repairs to properties					14,713	52,666
	Alarm control					546	571
	Clerk's salary and expenses					6,018	5,221
	Legal and professional	fees				4,026	4,278
	Donations					360
	Sundry expenses					356	806
	Grants					2,100	1,000
	Independent examiners		fee			6460	5,292
	Trustees' insurance					322	322
						64,487	104,597
	Total expenditure					73420	113,160

7.	7~ill ll	dd	The	Skynners	Warner's
			Biggin	Almshouses	Almshouses	Polls rds
			Hitchin	Hitchin	Hitchin	Cottage
	Properties		(i) f.	(ii)f	(iii)	Pirton	Total f
	Valuations at	31st March 2020	1,908,464	1,593,957	1,367,335	229,926	5,099,682
	(Decrease)/increase in valuations
	Valuations at	31st March 2021	1,908,464	1,593,957	1467335	229,926	5,099,682
	(i),(ii) and (iii) are listed buildings		and only useable as almshouses.
8.	Fixed Asset	Investments
	Quoted Investments			COIF		Barclays
				Charity	CAIF	Investment
				Fund	Investment f	Management f	Totalf
	Market values at 1st April 2020			69,391	46,278	118,415	234,084
	Additions
	Equalisation
	Increase/(decrease) in values			13,663	10,520	32,590	56,773
	Market values at 31stMarch 2021			83,054	56,798	151,005	290,857
	Historic cost	at 1st April 2020		49,703	40,003	104,341	194,047
	Equalisation	payment
	Historic cost	at 31st March 2021		49,703	40,003	104341	194,047
9.	Debtors					2021	2020f
	Rent in arrears					2426	14,986
	Other debtors					61,935	23,$86
	Prepayments					6481	5,174
						70,542	44.046

Creditors: Amounts	Fallin	Due Within One Year	2021f	2020 f
Creditors			498	584
Rent in advance			6,063	6,30$
Clerk's salary and expenses			7,146	6,527
Other creditors			975	1,000
Accruals			9477	8,277
			23,959	22,696

		Balances			Revaluations	Investment	Balances
		1st April			of	revaluation	31st March
		2020 f	Incoming f	Outgoing 6	properties 6	(losses)	2021 6
Unrestricted	Funds:
Almshouses	Account	5,170,554	124,222	(66,299)		38,789	5,267,266
Pension Charities		13367	204			926	14,497
Eleemosynary	Account	71,251	967			4,396	76,614
Apprenticeships		111,772	14,806	(2,100)		12,385	136,863
Pollards Cottage, Pirton		238,431	$,803	(4,921)		277	242,590
		5,605,375	149,002	(73,320)		56,773	5,737,830
		Balances			Revaluations	Investment	Balances
		1st April			of	revaluation	31st March
		2019 f	Incoming	Outgoing 6	properties 6	(losses) f	2020f
Unrestricted	Funds:
Almshouses	Account	5,604,314	112,473	(108,573)	(417,473)	(20,187)	5,170,554
Pension Charities		14,045	204			(882)	13,367
Eleemosynary	Account	74,456	96$			(4,173)	71,251
Apprenticeships		111,628	2,161	(1,000)		(1,017)	111,772
Pollards Cottage, Pirton		269,655 4,204 6,074,098120,010		(3,587) (i13,160)	(31,$18) (449,291)	(23) (26,282)	238,431 5,605,375

							Net assets
		Fixed	assets:		Current	Current	31st March
		Properties	Investments	Bank	assets	liabilities	2021
		f	f	f	f	f	f
Unrestricted	Funds:
Almshouses	Account	4,869,756	185,146	165,098	70,234	(22967)	5,267,267
Pension Charities			4,999	9,498			14,497
Eleemosynary	Account		23,742	52,871			76,613
Apprenticeships			75,289	61,573			136,$62
Pollards Cottage, Pirton		229,926	1,6$1	11,668	308	(992)	242,591
		5,099,682	290,857	300,708	70,542	)33.959)	5,737,II39
							Net assets
		Fixed	assets:		Current	Current	31st March
		Properties	Investments	Bank	assets	liabilities	2020
		f					f
Unrestricted	Funds:
Almshouses	Account	4,869,756	146,357	132,573	43,793	(21,924)	5,170,555
Pension Charities			4,073	9,294			13,367
Eleemosynary	Account		19,346	51,904			71,250
Apprenticeships			62,904	4$,867			111,771
Pollards Cottage, Pirton		229,926	1,404	7,621	253	(772)	238,432
		5,099,682	234,084	250,259	44,046	(22,696)	5,605,375