2021-12-31-accounts - Reverend Thomas Brown

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	3
Independent Examiner's Report
Statement ofFiaancial Activities
Balance Sheet
Notes to the Financial Statements	7	to	i7
Detailed Statement ofFinancial Activities

				for	the sear ended	31DECEMBE	R 2021
								31.12.21	31.12.20
					Unrestricted	1)esignated	Endowment	Total	Total
					funds	Fund	iullds	funds	funds
				Notes	f,
INCOME	AND
ENDOWMENTS		FROM
Charitable	activities
Charitable	Activities				57,5 i5			57,515	63,771
lnvesnnent	income				28	1,276		1,304	1,587
Total					57,543	1.276		58,819	65,358
EXPENDITURE		ON
Charitable	activities
Charitable	Activities				75,131		39,515	114,646	96,217
Governance	costs				5,838			5,838	4,766
Total					80,969		39,515	120,484	100,983
Net gains/(losses)		on
investments					142	3,828		3,970	(4,279)
NET
INCOME/(EXPENDITURE)					(23,284)	5,104	(39,515)	(57,695)	(39,904)
Transfers	between funds			16	(608)		608
Net movement in		funds			(23,892)	5,104	(38,907)	(57,695)	(39,904)
RECONCILIATION			OF
FUNDS
Total funds brought			forward		72,495	3,486	1,331,599	1,437,580	1,477,484
TOTAL FUNDS		CARRIED
FORWARD					48,603	38,590	1,292,692	1,3'79,885	1,437,580

	BALANCE SHEET 3~MBB2021
		31.12.21	31.12.20
	Notes	r	f
FIXEDASSETS
Tangible assets	9	1,305,579	1.345,094
Investments	10	44,985	39,740
		1,350,564	1,384.834
CURRENT ASSETS
Debtors		74,554	75,581
Cash at bank		52,855	52,855
		127,409	12$,436
CREDITORS
Amounts falling due within one year	12	(85,901 )	(62,803)
NET CURRENT ASSETS		41,508	65,633
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,392,072	1,450,467
CREDITORS
Amounts falling due ager more than one year	13	(12,187)	(12,$87)
NET ASSETS		1,379.885	1,437,580
FUNDS	16
1lnrestricted funds		87,193	105,981
Endowment funds		1,292,692	1,331,599
TOTAL FUNDS		1,379,885	1,437,5$0

INVEST	MENT
		:1.12.21	31.12.20
		f	f.
Dividend	Income	1,304	1,587

CHARITAHLE	ACTIVITIES CO	STS
		2021	2020
Salaries		11,170	10.773
Property running	costs
Main!enance		57,846	41,628
Careline expenses		800	870
Other costs Loan interest		3379 !,936	1,146 2,015
Depreciation		39,515	39,515
		114,646	96417

						2021	2020
Staffcosts
Clerk to the		trustees				6,496	5,864
Warden						6,298	6,375
Employers		National	Insurance
Amounts	recharged		to The Welfare Charities			(1,624)	(1,466I
						11,170	10,773
The average		monthly	number ofemployees	during	lhe year wa= as follows:
						31.12.21	31.12.20
Clerk						I
Warden						I	1

	COMPARATIVES FOR THK STATEMENT OF FINANCIAL	COMPARATIVES FOR THK STATEMENT OF FINANCIAL	COMPARATIVES FOR THK STATEMENT OF FINANCIAL	ACTIVITIES
			Unrestricted	Designated	Endowment	Total
			funds	Fund	funds	funds
			f
	INCOME AND ENDOWMENTS FROM
	Charitable activities
	Charitable Activities		63,771			63,771
	Investment income		30	1,556		1,587
	Total		63,801	1,556		65358
	hXPENDITURE ON
	Charitable activities
	Charitable Activities		56,702		39,515	96,217
	Governance costs		4,766			4,766
	Total		61.468		39,515	100,983
	Net gains/(losses) on investments		62	(4,341 )		(4,279)
	NKT INCOME/(EXPENDITURE)		2,395	(2,785)	(39,514)	(39,904)
	Transfers between funds		(529)		5'!9
	Net movement in funds		1,866	(2,785 I	(38,985)	(39,904)
	RECONCILIATION OF FUNDS
	Total funds brought forward		70,629	36,271	1,370,584	1,477,484
	TOTAL FUNDS CARRIED FORWARD		72,495	33,486	1,331,599	1,437,580
7.	GOVERNANCE COSTS
					2021	2020
	Accountancy				3,169	2,978
	Deice and administration	expenses			1,571	706
	Properly insurance				1,098	1,082
					5,838	4,766

		Hill,Headly	Street,Kingsclere	Total
Original	Cost	1.750,000	374,747	2,124,747
Housing	Grants	(149,006)		(149,006)
		1,600,994	374,747	1,975,741

				Listed
				investments
				+
	MARKET VALUE
	At I January 21121			39,740
	Additions			1,275
	Revaluations			:,970
	At 31 December 2021			44,985
	NET BOOKVALUE
	At 31 December 2021			44,985
	At 31 December 2020			39,740
	There were no investment	assets outside the VK.
	l,isted investments are revalued to market value each year.
11.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
			31.12.21	31,12.20 f
	Other debtors		74,019	75,018
	Prepayments and accrued	income	535	563
			74554	75,581
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.12.21	31.12.20
				f
	Bank loans and overdratts	(see note 14)	23,994	1,106
	Other creditors		61,907	61,697
			85,901	62,803
13.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
			31.12.21	31.12.20
	Other creditors		I",187	12.887

An analysis		oft	he maturi	ty ofloa	ns is given below	:
								31.12.21	31.12.20
Amounts falling			due within one year on demand:
Beni' overdrat)s								23,994	1,106
Other loans								700	608
								24,694	1,714
Amounts falling			between	one and	two years:
Other loans		- 1-2years						805	700
Amounts falling			due between two		and five years:
Other loans	- 2-5 years							11,382	12,187
ANALYSIS		OF NET ASSETSBETWEEN FUNDS
								31.1 .21	31.12.20
					Unrestricted	Designated	Endowment	Total	Total
					funds	Fund	funds	funds	funds
							f	f
Fixed assets							I 305 579	1,305,579	1,345,094
Investments					1,140	43,845		44,985	39,740
Cunent assets					74,554	52,855		127,409	128,436
Current liabilities					(27,091 I	(58,110)	(700)	(85,901)	(62,803)
Long tenn liabilities							(12,187)	(12,187)	(12,887)
					48,603	38,590	1,292,692	1,379,885	1,437,580
MOVEMKNT			IN FUNDS
							Net	Transfers
							movement	between	At
						At 1.1.21	in funds	funds	31.12.21
Unrestricted		funds
General fund Designated Fund						72,495 :3,486	(23,284) 5,104	(608)	48,603 38,590
						105,981	(18,180)	(6081	87,193
Endowment		fiinds
Endowment		Fund				8,379	(39,515)	30,013	(1,123)
Fndowment		Revaluation		Reserve		1.323.220		(29,405)	1,293,815
						1,331,599	(39,515)	608	1,292,692
TOTAL FI		iNDS				1,437,580	(57,695)		1,379,885

						Incoming	Resources	Gains and	Movement
						resources	expended	losses	in funds
								f.	8
Unrestricted		funds
General fund						57,543	(80,969)	142	(23,284)
Designated	Fuml					1,276		3,828	5,104
						58,819	(80,969)	3,970	(18,180)
Endowment		funds
Endowment	Fund						(39,515)		(39,515)
TOTAL FUNDS						58,819	(120,484)	3,970	(57,695)
Comparatives		for movement			in funds
							Net	Transfers
							movement	between	At
						At 1.1.20	in funds	fundsf	31.12.20 f
Unrestricted		fumls
General fund						70,629	2,395	(529)	72,495
Designated	Fund					36,271	(2,785)		33,486
						106,900	(390)	(529)	105,981
Endowment		funds
Endowment	Fund					17,959	(39,514)	29,934	8,379
Endowment	Revaluation		Reserve			1,352,625		(29,405)	1,323420
						1,370,584	(39,51-1)	.29	1,331,599
TOTAI FUNDS						1,477,484	(39,904)		1,437,580
Comparative		net movement		in	fund.",included	in the above are as follows;
						Incoming	Resomces	Gains and	Movement
						resources	expended	losses	in funds
Unrestricted		funds
General fund						63,801	(61,468)	62	,395
Designated	Fund					1,556		(4,341)	(2,7851
						65,357	(61,468)	(4,279)	(390)
Endowment		funds
Endowment	Fund						(39,515)		(39,514)
'I'OTALFUNDS						65,358	(100.983)	(4 79)	(39,904)

					Net	Transfers
					movement	between	At
				At 1.1.20	in funds	fundsf	31.12.21 f
Unrestricted	funds
General fund				70,629	(20,889)	(1,137)	48,603
Designated	Fund			36,271	2,319		38,590
				106,900	(18,570)	(1,137)	87,193
Endowment	funds
Endowment	Fund			17,959	(79,029)	59,947	(1,123)
Endowment	Revaluation	Reserve	1,352,625			(58,810)	1,293,815
			1,370,584		(79,029)	1,137	1,292,692
TOTAL FUNDS			1,477,484		(97,599)		1,379,885
A current year 12 months		and prior year 12 month=		combined	net movement	in funds, included	in the above	a
as follows:
				incoming	Resources	Gains and	Movement
				resources	expended f	losses	in funds f
Unrestricted	funds
General fund				121,344	(142,437)	204	(20,889)
Designated	Fund			2,832		(513)	2,319
				124,176	(142,437)	(309)	(18,570)
Endowment	funds
Endowment	Fund				(79,030)		(79,029)
TOTAL FUNDS				124,177	(221,467)	(309)	(97,599)

				2021		2020
Income
Gross rents receivable					50.129.08		49,174.88
Less: voids
					50,129.08		49,174.88
Expenses
Management
Accountancy	and	Secretarial		,376.86		",233.51
Property insurance				915.10		901.62
Office and administration
expenses				1047.41		470.51
					4,339.37		-,605.63
Services
Salaries				9,546.00		9,306.94
Water rates
!ight and heat
Grounds maintenance				5,275.00		4,535.00
Telephone				473.95		649.77
Subscriptions						638.33
Careline expenses				800.00		870.00
Sundries				2,905.29
					19,000.24		16,000.04
Repairs
Day to day maintenance				47,313.68		33,383.40
Provision for	cyclical
maintenance
					70,653.28		33,383.40
Financing
Loan interest					1,935.55		2,084.13
Total expenses					72,588.83		55,004.H
Trading surplus/(deficit)			for
tbe year					(22,459.75)		(5,829D3)
Transfer to endowment
fund-loan payment					608.45		528.97
Surplus/(deficit)		for the iear			(23,146.64)		(6458.20)

		2021		2020
Income
Gross rents receivable			7,385.43		14,596.4i
Less: voids
			14,596.41		14,596.41
Expenses
Managemem
Accountancy	and Secretarial	792.29		744.50
Property insurance		183.02		180.32
OAice and administration
expenses		523.70		2"5.25
			1,499.01		1,160.08
Services
Salaries		1,624.00		1,466.08
Water rates &council tax
Light and heat
Subscriptions				127.67
Sundries
			1,624.00		1,593.75
Repairs
I)ay to day maintenance		5,257.08		3,709.27
Provision for cyclical
maintenance
			5,257.08		3,709.27
Total expenses			8,380.09		6,463.09
Surplus for the year			(994.66)		8,13322

	the 'ear ended I DECEM	BER 2021
		31.12.21	31.1".20
INCOME AND ENDOWMENTS
Investment income
Dividend income		1,304	1,587
Charitable activities
Gross Rents Receivable		57,515	6:.,771
Total incoming resources		58,819	65,358
EXPENDITURE
Charitable activities
Wages		11,170	10,77)
Sundries		,379	1,416
Maintenance		57,846	41,628
Care(inc Expenses		800	870
Loan interest		1,936	2,015
Freehold property		39,515	39,515
		114,646	96,217
Support costs
Governance costs
Insurance		1.098	1,082
Accountancy and legal fees		3,169	2,978
06ice and Admin costs		1,571	706
		:,838	4,766
Total resources expended		120,484	100,983
Net expenditure before gains and losses		(61,6651	(35,625)
Realised recognised	gains and losses
Realised gains/(losses)	on fixed asset investments	3,970	(4,279)
Net expenditure		(57,695)	(39,904)