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|||||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|||||
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||||||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|
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|||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|
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||||||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|
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|||||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|
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||||||
|---|---|---|---|---|
|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|
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|||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|
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|||||||||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|