##
||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|6|
|Report ofthe Independent|Auditors|7|to|8|
|Statement ofFinancial Activities|||||
|Balance Sheet|||10||
|Notes to the Financial Statements||11|to|19|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
||||Unrestricted|Total|Total|
||||funds|funds|funds|
|||Notes|||S|
|INCOME FROM||||||
|Donations
received|||7,050|7,050|3,400|
|Charitable
activities||2|130,623|130+23|132,693|
|Investment
income||3|157@57|157@57|161,103|
|Total|||295,030|295,030|297,196|
|EXPENDITURE ON||||||
|Raising funds|||26+91|26,291|18,482|
|Charitable
activities||||||
|Charitable
activities|||147~3|147~3|131,335|
|Governance
costs|||44+25|44+25|41,186|
|Grants, Gifts and Donations|||63/97|63+97|52,611|
|Total|||281,696|281/96|243,614|
|Net income/(expenditure)|and net movement|||||
|in funds before gains and losses on|||13434|13,334|53,582|
|investments||||||
|Net gains/(losses)
on investments|||536/66|536/66|(188,020)|
|NET INCOME/(DEFICIT)|||549,900||(134,438)|
|RECONCILIATION|OF FUNDS|||||
|Balance at 31/10/2020|||6,007~3|6,007483|6,142,021|
|Balance at 31/10/2021|||6/57,483|6~7,483|6,007,583|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
||||Unrestricted|Total|Total|
||||funds|funds|funds|
|||Notes||||
|FIXEDASSETS||||||
|Tangible assets||11|369,672|369,672|369,672|
|Investments||||||
|Investments||12|2,864,898|2,864+98|2,537,233|
|Investment
property||13|2@86,000|2+86,000|2,188,664|
||||5+20/70|5+20/70|5,095,569|
|CURRENT ASSETS||||||
|Debtors||15|28dt70|28+70|58,831|
|Cash at bank and in hand|||946,436|946,436|890,578|
||||975,406|975,406|949,409|
|CREDITORS||||||
|Amounts
falling|due within one year|16|(38,493)|(38,493)|(37,395)|
|NET CURRENT ASSETS|||936„dt13|936@13|912,014|
|NET ASSETS|||6~7,483|6/57,483|6,007,583|
|FUNDS||17||||
|Almshouse
Fund||||4+41+00|4,231s639|
|Relief in Need|Fund|||1,755,003|1,633,619|
|Extraordinary|Repair Fund|||161,080|142,325|
|TOTAL FUNDS||||6/57,483|6,007,583|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|INVESTMENT INC|OME||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Rent received|||||86/03|88,739|
|Dividends|||||71,082|69,364|
|Charity
deposit fund interest|||||56|1,380|
|Deposit account interest|||||16|1 620|
||||||~57357||
|RAISING FUNDS|||||||
|Investment
management||costs|||||
||||||2021|2020|
||||||f,|f|
|Brokers costs|||||6,190|5,818|
|Property
agent fees|||||9,075|7,865|
|Repairs and refurbishment|||to property||~11026|4799|
||||||26 91|18482|
|CHARITABLE ACTIVITIES COSTS|||||||
||||||2021|2020|
|Wardens salaries and|pension||||23,121|23,929|
|Rates and water|||||(1/82)|7,180|
|Insurance|||||6/50|7,110|
|Light and heat|||||36,090|32,750|
|Telephone|||||2+48|1,946|
|Sundry expenses|||||3/33|1,938|
|Repairs and rdurbishment|||to property||52/,19|40,704|
|Alarm costs|||||1F15|942|
|Careline costs|||||782|782|
|Garden Maintenance|||||ZZP07|14,054|
|Gifts (as stated in note 9)|||||4/72|4,411|
|Grants and donations|(as stated in note 9)||||58+25|48,200|
|Governance
costs (as|stated||in note 6)||~44
25|41 186|
||||||255 405|225 132|
|haritable
activities|lit as below|||Almshouse|Relied in||
||||||Need|Totals|
|Warden salary||||20,434|2,687|23,121|
|Gifts|||||4,572|4,572|
|Grants and donations|||||58,925|58,925|
|Governance
costs (as|stated||in note 6)|39,174|5,151|44,325|
|Other charitable activities||||124 462||124 462|
|||||184070|71 335|255 405|
|GOVERNANCE COSTS|||||||
||||||2021|2020|
||||||f||
|Clerks remuneration|||||32+56|31,540|
|Audit fees|||||4+60|4,560|
|Legal and professional|fees||||5,$56|4,142|
|Bank charges and interest|||||~1053|944|
|||||||41 186|
##
##
##
||lit||1|||||Almshouse|Almshouse|Relied in|Relied in|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Need|Totals||
|||||||||||||f||
|Clerks remuneration|||||||||29,038||3,818|32,856||
|Audit fees|||||||||4,030||530|4,560||
|Legal and professional||fees|||||||5,175||6&1|5,&56||
|Bank charges|||||||||931||122|'I|053|
||||||||||39,174||5,151|44,325||
|AUDITOR'S REMUNERATION||||||||||||||
|The auditor's
remuneration|||constituted||an|audit feeoff4,560(2020:f4,560).||||||||
|TRUSTEES' REMUNERATION||||AND||BENEFITS||||||||
|There were no trustees'|||remuneration||or|other benefits||for the year|ended 31|October 2021 nor||for the|year|
|ended 31 October 2020.||||||||||||||
|Trustees' expenses||||||||||||||
|There were no trustees'|||expenses|paid
neither
for the||||year ended|31 October 2021||nor for the|year e|nded|
|31October 2020.||||||||||||||
|GRANTS AND DONATIONS||||||||||||||
|Following grants and||donations||were|made during||the|year to 31stOctober 2021:||||||
||||||||||||2021|2020||
|Education
and Youth|||||||||||49/00|47,|100|
|Grants to organisations|||||||||||$,625||600|
|Medical|||||||||||500|||
|Christmas
voucher scheme|||||||||||4,051|4,027||
|Other small donations|||||||||||521||884|
||||||||||||~63 497|52|611|
|STAFF COSTS||||||||||||||
||||||||||||2021|2020||
||||||||||||f|f||
|Wages and salaries|||||||||||23,121|22,781||
|Pension costs||||||||||||1,14&||
||||||||||||~23 121|23|929|
|The average monthly|number ofemployees|||||during the|year was as follows:|||||||
||||||||||||2021|2020||
|Full-time|||||||||||1||1|
|Part-time|||||||||||2||1|
##
##
##
##
##
##
||||||Freehold|
|---|---|---|---|---|---|
||||||property|
|COST||||||
|At 1 November|2020 and 31October 2021||||~369
72|
|NET BOOKVALUE||||||
|At31 October|2021||||369672|
|At 31 October|2020||||369672|
|All assets included
in the tangible fixed assets are the Almshouses|||in use for the|Charity.||
|All ofthe properties
owned by the Charity||are now held by the official Custodian||ofCharities.||
|FIXEDASSETINVESTMENTS||||||
||||Listed|Unlisted||
||||investments|investments|Totals|
||||f.|||
|MARKET VALUE||||||
|At 1 November|2020||290733185|464904$|2~77233|
|Additions|||142,933||142+34|
|Disposals
Revaluations|||(1138867)
~290 99||(113+7)
~298 99|
|At 31October|2021||~2400
80|464048|28864
98|
|At 31October|2020||2073 185|464 048|2 537233|
##
##
##
##
|MARKET VALUE||
|---|---|
|At I November 2020 and 31October 2021|2,188,664|
|Revaluation|~897 36|
|NET BOOKVALUE||
|At 31October 2021|~28~6000|
|At 31October 2020|2 188664|
##
##
##
|OPERATING LEASE|OPERATING LEASE||||
|---|---|---|---|---|
|The table sets out a maturity||analysis oflease payments|to be received after the year end||
||||2021|2020|
||||f,||
|Expiring:|||||
|Within one year|||96@10|87,667|
|Between one and two years|||79,420|57,100|
|Between two and five years|||||
||||~276
38|144767|
|DEBTORS:AMOUNTS|FALLING DUE WITfIIN||ONE YEAR||
||||2021|2020|
|Rental debtors|||17,006|28,782|
|The Odiham Educational|Charity||||
|Prepayments
and accrued|income||11,964|13,049|
|Loan (note 21)||||17000|
||||~28
70|~58 831|
|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONK YEAR|||
||||2021|2020|
|Other Creditors|||36131|506|
|The Odiham Educational|Charity||2,793|2,684|
|Accrued expenses|||21,261|20,297|
|Deferred income|||~10 08|13908|
||||~38 493|37395|
##
##
##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement
in||
|||||At 1.11.20|funds
f|At31.10.21
f|
|Unrestricted|funds||||||
|Almshouse||||4/319639|409,761|4+41/00|
|Relief in need||||1,633,619|121/84|1,755,003|
|Extraordinary|Repair fund|||~142 25|18755|161080|
|TOTAL FUNDS||||~6007
83|~549
00|~657483|
|Net movement|in funds, included||in the above are as follows;||||
||||Incoming|Resources|Gains and|Movement
in|
||||resources|expended|losses|funds
f|
|Unrestricted|funds||||||
|Almshouse|||259+53|(207866)|357+74|409,761|
|Relief in need|||35/77|(74~0)|160,237|12lP$4|
|Extraordinary|Repair fund||||10755|10755|
|TOTAL FUNDS|||295 030|~281 6~96|~536
66|~549 00|
|Comparatives|for movement|in|funds||||
||||||Net||
||||||movement
in||
|||||At 1.11.19|funds|At31.10.20|
||||||f||
|Unrestricted|funds||||||
|Almshouse||||4/469482|(14+$3)|4~19639|
|Relief in need
Extraordinary|Repair fund|||1,755,260
140279|(121,641)
2046|1/33,619
~142 25|
|TOTAL FUNDS||||6 142021|~134 438|~6007 583|
|||Incoming|Resources|Gains and|Movement
in|
|---|---|---|---|---|---|
|||resources|expended|losses|funds|
|||f.||||
|Unrestricted|funds|||||
|Almshouse||260430|(180440)|(95,033)|(14/43)|
|Relief in need||36,666|(638,74)|(95,033)|(121~1)|
|Extraordinary|Repair fund|||2046|2046|
|TOTAL FUNDS||297196|243614|~188 020|~I34 438|
##
##
##
##
##
|with the 199|3Trust DeerL|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Balance brought forward||||||142+25|140+79|
|Movement
during the year||||||18,755|2,046|
|Reserve transfer||||||||
|||||||1~61 080|142325|
|ANALYSIS|OFNET ASSETS BETWEEN||FUNDS|||||
||||Tangible|Investments||Net current|Total Fund|
||||Assets|||assets/||
|||||||liabilities)||
|Unrestricted|funds|||||||
|Almshouse|||369/72|3+745t27||696+01|4~1~0|
|Relief in Need Fund||||1/14,891||240,112|1,755,003|
|Designated|funds|||||||
|Extraordinary|Repair Fund|||161|080||161080|
|TOTAL FUNDS|||369672|5~5D|898|~936 13|645~57 483|
|Comparatives
for movement||in funds||||||
||||Tangible|Investments||Net current|Total Fund|
||||Assets|||assets/||
|||||||giabiTities)||
|Unrestricted|ftmds|||||||
|Almshouse|||369,672|3,223,136||63LP31|4,231,639|
|Relief in Need Fund||||1/609436||273,183|1,633,619|
|Designated|funds|||||||
|Extraordinary|Repair Fund|||~142|25||~242
25|
|TOTAL I1VNDS|||369672|4~725|897|912014|640007 583|
##
##