2022-03-31-accounts

				HITCHIN UNITED CHARITIES	HITCHIN UNITED CHARITIES	HITCHIN UNITED CHARITIES	HITCHIN UNITED CHARITIES
				LEGAL AND ADMINISTRATIVE			INFORMATION
				FORTHE YEAR ENDED 31ST			MARCH 2022
Charity name:				Hitchin United Charities
Charity registration			number:	236308
Charities'	address:			Shilcock House
				99Bancroft
				Hitchin
				SG5 1NQ
Trustees:				Mrs. J.Kirby - Chair
				Mr. D. Walmsley - Vice-Chair
				Mr. M. Bradly-Russell
				Mr. B.Smith
				Mrs. J.Joe
				Rev. C.Bunce
				Mrs. J.Marland (Appointed		13-Jun-22)
				Hertfordshire County	Council nominated		trustees:
				Cllr. D.Ashley
				North Hertfordshire	District	Council nominated		trustees:
				Cllr. T.Tyler
				C1lr. RThake
				C1lr.I.Albert
				Cllr. C Strong
Clerk to the		trustees;		Mr. M.W. Seaman-Hill
				(Provided by Messrs. John		Shilcock)
Independent		examiner:		Philip Dean FCA
				Hicks and Company
				First Floor, 99Bancroft
				Hitchin
				SGS INQ
Bankers:				Barclays Bank PLC
				5/6 High Street
				Hitchin
				SG5 1BJ
Solicitors:				HRJ Foreman Laws
				25 Bancroft
				Hitchin
				SG5 1JW

					HITCHIN UNITED CHARITIES	HITCHIN UNITED CHARITIES	HITCHIN UNITED CHARITIES
				STATEMENT OF FINANCIAL ACTIVITIES
				Incor	oratin	an Income and Ex enditure		Account
				FOR THE		YEAR ENDED 31STMARCH 2022
						Note	Unrestricted Restricted
							Funds	Funds	2022	2021
Income						4			f
Income from charitable		activities:
Occupational charges from residents							110,887		110,887	115,670
Investment iacome:
Dividend income							5,562		5,562	5,949
Bank interest							8		8	31
Other interest
Rental income							10,250		10,250	10,250
Other income:
Insurance claim										4,500
Totalincome							126,707		126,707	136,400
Expenditure
Cost ofraising funds:
Cost ofcollecting occupational			charges				7,235		7,235	6,981
Investment management		costs					2,029		2,029	1,852
Expenditure on charitable activities:
Charitable activities							76,176		76,176	64,4$7
Total expenditure							85,440		85,440	73,320
Net income before gains							41&267		41,267	63,080
Other comprehensive	income
Farmer Trust bank account brought				into account						12,602
Other recognised gains		and losses
(Loss) on revaluations	ofproperties						(2,$95,932)		(2,895,932)
Gain on revaluation of	investments						27,361		27,361	56,773
Realised gain on sale of		investments
Net movement in funds							(2,827,304)		(2,827,304)	132,455
Reconciliation offunds
Total funds brought forward							5&737&$30		5,737,830	5,605,375
Total funds carried forward						12/13	2,910,526		2,910,526	5,737,830

		Unrestricted	Restricted
	Note	Funds	Funds	2022	2021
			g	6	f
Fixed assets
Properties	8	2403,750		2,203,750	5,099,682
Investments	9	318,218		318,218	290,856
Totaltixed assets		2,521,968		2,521,968	5,390,538
Current assets
Debtors	10	72,755		72,755	70,542
Cash at bank		342&994		342,994	300,709
Total current assets		415,749		415,749	371,251
Current liabilities
Creditors:
Amounts falling due within one year		27,191		27,191	23,959
Net current assets		388,558		388,558	347,292
Net assets		2,910,526		2,910,526	5,737,830
Thc funds ofthe charity:
Unrestricted funds	12/13	2,910,526		2,910,526	5,737,830

					FOR THE YEAR ENDED 3	1STMARCH 2022
4.	Income					2022	2021f
	Income from charitable		activities:
	Occupational charges from			residents		110,887	115,670
	Investment income:
	Dividend income					5,562	5,949
	Bank interest					8	31
	Other interest
	Rental income					10,250	10,250
	Other income:
	Insurance claim						4,500
	Total income					126,707	136,400
5.	Anal sisofex enditure					2022	2021
							f
	Cost ofraising funds:
	Cost ofcollecting occupational				charges	7,235	6,981
	Investment management			costs:
	Clerk's salary and expenses					1,628	1,504
	Investment transaction	costs				401	348
						2,029	1,852
	Expenditure on charitable activities:
	Managing agents fees					7435	6,981
	Gardening and cleaning					5,404	2,661
	General rates					877
	Water rates					1,972	3,168
	Electricity					1,277	936
	Gas					7,464	8,566
	Insurance					8,508	7,374
	Repairs to properties					27,664	14,713
	Alarm control					546	546
	Clerk's salary and expenses					5&927	6,018
	Legal and professional	fees				2,436	4,026
	Donations						360
	Sundry expenses					710	356
	Grants						2,100
	Independent examiners		fee			5,834	6,360
	Trustees' insurance					322	322
						76,176	64,487
	Total expenditure					85,440	73,320

				Unrestricted	Restricted
				Funds	Funds	2021
Income						8
Income from charitable	activities:
Occupational charges from residents				115,670		115,670
Investment income:
Dividend income				5,949		5,949
Bank interest				31		31
Other interest
Rental income				10,250		10,250
Other income:
Insurance claim				4,500		4,500
Total income				136,400		136,400
Expenditure
Cost ofraising funds:
Cost ofcollecting occupational		charges		6,981		6,981
Investment management	costs			1,852		1,852
Expenditure on charitable activities:
Charitable activities				64,487		64,487
Total expenditure				73,320		73,320
Net income before gains				63,080		63,080
Other comprehensive income
Farmer Trust bank account brought			into account	12,602		12,602
Other recognised gains	and losses
Gain on revaluation ofinvestments				56,773		56,773
Net movement in funds				132,455		132,455
Reconciliation offunds
Total funds brought forward				5,605,375		5,605,375
Total funds carried forward				5,737,830		5,737,830

Creditors Amounts	Fallin	Due Within One Year	2022	2021
				f
Creditors			1460	498
Rent in advance			6,882	6,063
Clerk's salary and expenses			7,555	7,146
Other creditors - key	deposits		500	975
Accruals			10,894	9,277
			27,191	23,959

		Balances			Revaluations		Balances
		1stApril			of	Investment	31stMarch
		2021	Incoming	Outgoing	properties	revaluation	2022
			f	f	6	6
Unrestricted	Funds:
Almshouses	Account	5,267,267	118,968	(82,535)	(2,768,506)	18,678	2,553,872
Pension Charities		14,497	192			348	15,037
Eleemosynary	Account	76,613	913			1,654	79,180
Apprenticeships		136,862	2,248			6,535	145,645
Pollards Cottage, Pirton		242,591	4386	(2,905)	127,426	146	116,792
		5,737,830	126707	85 440	2 895932	27,361	2,910,526
		Balances			Revaluations		Balances
		1stApnl			of	Investment	31stMarch
		2020	Incoming	Outgoing	properties	revaluation	2021
		6		f
Unrestricted	Funds:
Almshouses	Account	5,170,555	124,222	(66,299)		38,789	5,267,267
Pension Charities		13,367	204			926	14,497
Eleemosynary	Account	71,250	967			4,396	76,613
Apprenticeships		111,771	14,806	(2,100)		12,385	136,862
Pollards Cottage, Pirton		238,432	8,803	(4,921		277	242,591
		5,605,375	149,002	(73,320)		56,773	5,737,830

								Net assets
		Fixed	assets:		Current		Current	31stMarch
		Properties	Investments	Bank	assets		liabilities	2022
		f		f
Unrestricted	Funds:
Almshouses	Account	2,101,250	203,823	202,871	72,409		(26,481)	2,553,872
Pension Charities			5,347	9,690				15,037
Eleemosynary	Account		25,397	53,783				79,180
Apprenticeships			81,824	63,821				145,645
Pollards Cottage, Pirton		102,500	1,827	12,829		346	(710)	116,792
		2,203,750	318,218	342,994	72,755		(27,191)	2,910,526
								Net assets
		Fixed	assets:		Current		Current	31stMarch
		Properties	Investments f	Bank	assets f		liabilities f	2021
Unrestricted	Funds:
Almshouses	Account	4,869,756	185,146	165,099	70,234		(22,967)	5,267,268
Pension Charities			4,999	9,498				14,497
Eleemosynary	Account		23,742	52,871				76,613
Apprenticeships			75,289	61,573				136,862
Pollards Cottage, Pirton		229,926	1,681	11,668		308	(992)	242,591
		5,099,682	290,857	300,709	70,542		(23,959)	5,737,831