2021-12-31-accounts - William Berman's Trust

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		2021	2020
	Notes	E	E
FIXEDASSETS
Tangible assets	9	1,212,749	1,227,351
Investments	10	1,063,458	931,185
		2,276807	2,158,536
CURRENT ASSETS
Debtors		4,111	2,819
Cash at bank		185,404	172,352
		189,515	175,171
CREDITORS
Amounts falling due within one year	12	(11,986)	(14,960)
NET CURRENT ASSETS		177,529	160,211
TOTAL ASSETS LESSCURRENT UABIUTIES		2,453,736	2,318,747
		2,455,736	2,318,747
FUNDS	14
Unrestricted funds		341,763	265,925
Endowmentfunds		2,111,973	2,052,822
TOTAL FUNDS		2,453,736	2,318,747

INVESTMENT	INCOME
		2021 f	2020f
Dividends receivable		23,417	19,726
Accumulated	income	2,059	1,896
HSBCdeposit	account interest		4
COIF deposit	account interest	8	44
			21,670
INCOME FROM CHARITABLE ACTIVITIES
		2021f	2020f
Almshouses
Contributions	receivable	126,368	120,670
Losses from voids		(1,461)	(970)
		124,907	119,700

CHARITABLE ACTIVITIES COSTS
	Direct	Grant	Support
	Costs (see	funding of	costs (see
	note 5) f	activities f	note 6) f	Totals f
Almshouses	70,822		14,185	85,007
Grants to institutions		14,000		14,000
Residents expenses	490			490
	71,312	14,000	14,185	99,497

COMPARATIVES FORTHE	STATEMENT OF FINANGAL ACTIVITIES	STATEMENT OF FINANGAL ACTIVITIES	STATEMENT OF FINANGAL ACTIVITIES
			Unrestricted	Restricted	Endowment	Total
			funds	fund	funds	funds
			f	f	f	f
INCOME AND ENDOWMENTS		FROM
Charitable activities
Almshouses			119,700			119,700
Investment income			21,448	222		21,670
Total			141,148	222		141,370
EXPENDITURE ON
Raising funds
Investment management	costs		5,207			5,207
			5,207			5,207
Charitable activities
Almshouses			101,123			101,123
Grants to institutions			6,000			6,000
Residents expenses			634	222		856
Total			112,964	222		113,186
Net gains on investments			6,058		25,950	32,M8
NET INCOME			34,242		25,950	60,192
Transfers between funds			13,837		~13,837)
Net movement in funds			48,079		12,113	60,192
RECONGLIATION OF FUNDS
Total funds brought forward			217,846		2,040,709	2,258,555
TOTAL FUNDS CARRIED FORWARD			265,925		2,052,822	2,318,747

9.	TANGIBLE FIXEDASSETS
				Freehold
				property f
	COST
	At 1January 2021and 31	December 2021		1892,751
	DEPRECIATION At1January 2021			165~
	Charge foryear			14,602
	At 31December 2021			180,002
	NET BOOK VALUE
	At31December 2021			1,212.749
	At31December 2020			1,227,351
10.	FIXEDASSET INVESTMENTS
				Usted
				investments
				f
	MARKET VALUE
	At1January 2021			931,185
	Additions			92,785
	Disposals			(493810)
	Revaluations			89@98
	At 31December 2021			1,063,458
	NET BOOK VALUE
	At 31December 2021			1,868,458
	At 31December 2020			931,185
	There were no investment	assets outside the UK.
	Cost or valuation at31December 2021 ls represented		by:

11.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALUNG DUE WITHIN ONE YEAR	FALUNG DUE WITHIN ONE YEAR	FALUNG DUE WITHIN ONE YEAR	FALUNG DUE WITHIN ONE YEAR
								2021	2020
								f	f
	Contributions	arrears						2,511	575
	Other debtors							71	449
	Prepayments	and accrued income						1,529	1,795
								4,111	2,819
12.	CREDITORS:	AMOUNTS		FALUNG	DUE WITHIN	ONE YEAR
								2021	2020
								f	f
	Contributions	recieved		in adva				5,087	5,308
	Other creditors							429	78
	Accruals and	deferred	income					6,470	9+74
								11,986	14,960
13.	ANALYSl5 OF NET ASSETS BETWEEN FUNDS
								2021	2020
				Unrestricted		Restricted	Endowment	Total	Total
					funds	fund	funds	funds	funds
					f	f	f	f	f
	Fixed assets						1,212,749	1,212,749	1,227,351
	Investments				223,108		840,350	1,063,458	931,185
	Current assets Current liabilities				130,641 (11,986)		58,874	189,515 (11,986)	175,171 ~14,960)
					341,763		2,211+73	2,453,736	2,318,747
14.	MOVEMENT	IN FUNDS
							Net	Transfers
							movement	between	At
						At 1.1.21	in funds	funds	31.12.21
						f	f	f	f
	Unrestricted	funds
	Income Account					88,978	63,691	(48,967)	103,702
	Extraordinary Repair Cyclical Maintenance		Fund Fund			152,851 24,096	(165) (2~)	43,569 20,000	196,255 41,806
						265,925	61,236	14,602	341,763
	Endowment	funds
	Capital Account					1,610,132	26+02	(14,602)	1,621,732
	IVliss Isobel Susan Emily			Field's Bequest		7,610	653		8,263
	Capital Recoupment		Fund			435,080	46,898		481,978
						2,052+22	73,753	(14,602)	2,111,973
	TOTAL FUNDS					2,318,747	134,989		2,455,736

			Incoming	Resources	Gains and	Movement
			resources	expended f	losses f	in funds f
Unrestricted funds
Income Account			148,069	(86,147)	1,769	63,691
Extraordinary Repair Cyclical Maintenance	Fund Fund		2,059	(16,000) ~2+90)	13,776	(165) ~2,290)
			150,128	(104,437)	15,545	61,236
Restricted funds
Miss Isobel Susan Emily Beld's		Bequest
Income Fund				(263)
Endowment funds
Capital Account					26,202	26,202
Miss Isobel Susan Emily Field's		Bequest			653	653
Capital Recoupment	Fund				46,898	46,898
					73,753	73,753
TOTAL FUNDS			150,$91	(204,700)	89,298134,989
Comparatlves for movement		In funds
				Net	Transfers
				movement	between	At
			At 1.1.20	in funds	funds	31.12.20
			f	f	f	f
Unrestricted funds
Income Account			44,894	57,732	(13,648)	88,978
Extraordinary Repair Cyclical Maintenance	Fund Fund		147,656 25,296	(22,290) ~1,200)	27,485	152,851 24,096
			217,846	34,242	13,837	265,925
Endowment funds
Capital Account			1,662,770	(38,801)	(13,837)	1,610,132
Miss Isobel Susan Emily Field's		Bequest	8,363	(753)		7,610
Capital Recoupment	Fund		369,576	65,504		435,080
			2,040,709	25,950	(13,837)	2,052,822
TOTAL FUNDS			2,258,555	60,192		2,318,747

		Incoming	Resources	Gains and	Movement
		resources f	expended f	losses f	in funds f
Unrestricted funds
Income Account		139,252	(81,520)		57,732
Extraordinary Repair	Fund	1,896	(30,244)	6,058	(22,290)
Cyclical Maintenance	Fund		(1,200)		(1,200)
		141,148	(112,964)	6,058	34,242
Restricted funds
Miss Isobel Susan Emily Field's Bequest
Income Fund		222	(222)
Endowment funds
Capital Account				(38,801)	(38,801)
Miss Isobel Susan Emily Field's Bequest				(753)	(753)
Capital Recoupment	Fund			65,504	65,504
				25,950	25,950
TOTAL FUNDS		141,370	i113,136)	32,00!!	30,132
Income Account

			2021	2020
			E	E
INCOME AND ENDOWMENTS
Investment Income
Dividends receivable			23,417	19,726
Accumulated income			2,059	1,896
HSBCdeposit account interest				4
COIF deposit account interest				44
				21,670
Charitable activities
Contributions receivable			124,907	119,700
Total Incoming resources			150,391	141,370
EXPENDITURE
Raising funds
Investment management	costs		5,203	5,207
Charitable activities
Rates and water			1,250	5,089
Insurance			2,487	2,482
Light and heat			10,040	10,332
Repairs and maintenance			13,931	15,299
Cyclical repairs			2,290	1,200
Extraordinary repairs			16,000	30,244
Gardening			6,225	4,375
Careline charges			2,109	1,899
Telephone			809	606
Cleaner			831	391
Replacement equipment				609
Sundryexpenses			248	160
Residents expenses			490	856
Freehold property			14,602	14,605
Grants to institutions			14,000	6,000
				94,147
Support costs
Management
Clerks Fees			9,724	9,323
Independent examinations		fees	540	522
Carried forward			10,264	9,&45

		2021	2020
		f	E
Management
Brought forward		10,264	9,845
Accountancy fees		3,660	3,558
Trustees' indemnity	insurance		64
Sundryexpenses		261	365
		14,185	13,832
Total resources expended		104,700	113,186
Net Income before gains and losses		45,691	28,184
Reagsed recognised	gains and losses
Realised gains on fixed asset investments		41,938	65,977
Net income		87,629	94,161