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2021-12-31-accounts

Jane Higginson Charity

Registered Charity No.242737

Annual Report for the year 2021

History

The charity was founded following a bequest by Mrs Jane Higginson in 1707. The original will allowed for small donations to be made to Ludlow, Ellesmere and Hanmer Parishes. The current scheme gives the area of benefit as the poor and needy in the ancient parishes of Whitchurch (including Ash and Tilstock), Ludlow, Ellesmere and Hanmer. The charity owns land and property at Eastwick Farm, Tybroughton near Whitchurch.

The land and property

The water supply to the farm and land was replaced in 2010 at a cost of £23,330. The Trustees decided to sell the buildings. The barn (unit 2) was sold in 2010 with 5 acres of land realising £180,000 after payment of all costs. The farmhouse and remaining barns (units 1 & 3) were sold with small parcels of adjoining land, realising a total of £441,000 the sales completed during 2012. All proceeds from the farm buildings have been re-invested in COIF Investment Units. Associated farm land has been retained tenanted by two farmers, Mr Barnett (£7,630.50 pa paid in two instalments due on 25 March and 29 September) and Mr Mottershead (£7,940 pa paid in two instalments due on 25 March and 29 September). The rent was last reviewed in 2012. £32,027 of the charity’s surplus income was used to purchase additional COIF income units.

Trustees

The current Trustees are as follows:

The Clerk to the Trustees

Mrs Tracey Williams

Meetings

The Trustees met on three occasions during 2020 on 24[th] February, 30[th] June, and 10[th] November.

Income and Expenditure

The total gross income during 2021 was £43,336.01. Total amount of charitable gifts was £38,407.90 and other running expenses of £2,715.91.

Jane Higginson's Charity Jane Higginson's Charity Jane Higginson's Charity Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts)
Date Detail Ref NatW curr
A/C
COIF div Way
leave
Rent &
Property
Ins'nce Salary Ofce Consult
fees
Land Audit Charity gifts Water supply
01.01.20 Balance from 2019 44,407.62
02/19/2021 CAB Shropshire 1232 1,578.30 1,578.30
02/26/2021 COIF cr 6,791.10 6,791.10
03/20/2021 T Williams 1233 545.95 534.97 10.98
03/26/2021 Mottershead Rent cr 3,970.00 3,970.00
04/19/2020 Weston House 1251 1,000.00 1,000.00
04/19/2021 BradburyCare Centre 1252 10,000.00 10,000.00
05/11/2021 CAB Shropshire 1253 1,542.66 1,542.66
05/28/2021 COIF cr 6,895.66 6,895.66
06/18/2021 Beechtree Centre 1254 8,000.00 8,000.00
06/18/2021 P Davies 1234 26.00 26.00
07/02/2021 T Williams 1235 547.10 534.97 12.13
07/02/2021 Cycle Hub 1236 2,000.00 2,000.00
07/02/2021 Lifeline - Rotary 1237 6,000.00 6,000.00
07/02/2021 Welsh Water 1238 117.83 117.83
07/13/2021 SP Manweb cr 120.13 120.13
07/19/2021 Barnett RENT cr 3,815.25 3,815.25
08/04/2021 CAB Apr-Jun 1239 1,435.07 1,435.07
08/31/2021 COIF cr 6,895.66 6,895.66
09/25/2021 T Williams 1240 540.06 534.97 5.09
09/29/2021 Mottershead Rent cr 3,970.00 3,970.00
11/24/2021 Barnett RENT cr 3,815.25 3,815.25
11/26/2021 Baynes 1241 60.00 60.00
11/26/2021 Chatterton 1242 85.00 85.00
11/26/2021 Collins 1243 60.00 60.00
11/26/2021 Dulson 1244 60.00 60.00
11/26/2021 Evanson 1245 60.00 60.00
11/26/2021 Fisher 1246 60.00 60.00
11/26/2021 Healey 1247 60.00 60.00
Jane Higginson's Charity Jane Higginson's Charity Jane Higginson's Charity Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts)
Date Detail Ref NatW curr
A/C
COIF div Way
leave
Rent &
Property
Ins'nce Salary Ofce Consult
fees
Land Audit Charity gifts Water supply
11/26/2021 Jones 1248 60.00
60.00
11/26/2021 Kozyra 1249 85.00 85.00
11/26/2021 Lewis(CASH) 1286 60.00 60.00
11/26/2021 McQuillan 1250 60.00 60.00
11/26/2021 Nicholls 1255 60.00 60.00
11/26/2021 Pitchford 1256 60.00 60.00
11/26/2021 Plummer 1257 60.00 60.00
11/26/2021 Purcell 1258 85.00 85.00
11/26/2021 Rogers 1259 60.00 60.00
11/26/2021 Seywell 1260 60.00 60.00
11/26/2021 Skeats 1261 60.00 60.00
11/26/2021 Slawson 1262 60.00 60.00
11/26/2021 Small 1263 60.00 60.00
11/26/2021 Smith 1264 85.00 85.00
11/26/2021 Snell 1265 60.00 60.00
11/26/2021 Taylor 1266 60.00 60.00
11/26/2021 Vaughan 1267 85.00 85.00
11/26/2021 Webb 1268 60.00 60.00
11/26/2021 Williams 1269 60.00 60.00
11/26/2021 Craig 1270 60.00 60.00
11/26/2021 Huxley (CASH) 1271 60.00 60.00
11/26/2021 Smith 1272 60.00 60.00
11/26/2021 Doyle 1273 60.00 60.00
11/26/2021 Ablitt 1274 85.00 85.00
11/26/2021 Smout 1275 60.00 60.00
11/26/2021 Kettle 1276 85.00 85.00
11/26/2021 McGregor 1277 60.00 60.00
11/26/2021 Smith 1278 60.00 60.00
11/26/2021 Bratton 1279 60.00 60.00
Jane Higginson's Charity Jane Higginson's Charity Jane Higginson's Charity Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts) Account transactions(NatWest accounts)
Date Detail Ref NatW curr
A/C
COIF div Way
leave
Rent &
Property
Ins'nce Salary Ofce Consult
fees
Land Audit Charity gifts Water supply
11/26/2021 CAB -Jul -Sept 1280 1,466.87
1,466.87
11/26/2021 Ash PCC 1282 400.00 400.00
11/26/2021 Hanmer PCC 1283 1,000.00 1,000.00
11/26/2021 Tilstock PCC 1284 400.00 400.00
11/26/2021 Ludlow PCC 1285 200.00 200.00
11/30/2021 COIF cr 7,062.96 7,062.96
12/10/2021 T Williams 1288 577.97 534.97 43.00
12/16/2021 WJS 1289 1,050.00 1,050.00
12/22/2021 Balens 1290 361.00 361.00
12/31/2021 Write of cheque 1196 cr 50.00 50.00
46,669.82 27,645.38 120.13 15,570.50 361.00 2,139.88 71.20 0.00 0.00 26.00 38,357.90 117.83
43,336.01 41,073.81
Total Rec
44,407.62
1,578.30 Rec 0.00
6,791.10 0.00
545.95 Rec 0.00
3,970.00 0.00
1,000.00 rec 0.00
10,000.00 rec 0.00
1,542.66 Rec 0.00
6,895.66 0.00
8,000.00 Rec 0.00
26.00 Rec 0.00
547.10 Rec 0.00
2,000.00 Rec 0.00
6,000.00 Rec 0.00
117.83 Rec 0.00
120.13 0.00
3,815.25 0.00
1,435.07 Rec 0.00
6,895.66 0.00
540.06 Rec 0.00
3,970.00 0.00
3,815.25 0.00
60.00 Rec 0.00
85.00 Rec 0.00
60.00 Rec 0.00
60.00 0.00
60.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
Total Rec
60.00 Rec 0.00
85.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
85.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
85.00 Rec 0.00
60.00 0.00
60.00 Rec 0.00
85.00 Rec 0.00
60.00 Rec 0.00
60.00 0.00
60.00 Rec 0.00
60.00 Rec 0.00
60.00 0.00
60.00 Rec 0.00
85.00 Rec 0.00
60.00 0.00
85.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
60.00 Rec 0.00
Total Rec
1,466.87 Rec 0.00
400.00 Rec 0.00
1,000.00 Rec 0.00
400.00 Rec 0.00
200.00 0.00
7,062.96 0.00
577.97 Rec 0.00
1,050.00 0.00
361.00 0.00
50.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
46,669.82 0.00
46,669.82

Jane Higginson's Charity

Receipts and Payments

1 January 2021 - 31 December 2021 Information as at: 31.12.2021

Income 2020 Line Expenditure 2020
Rental Income 15,570.50 15,571 1 Land costs
Wayleave 120.13 121 2 Insurances 361.00 361
3 Salary 2,139.88 2,113
COIF Investment Units interest
27,645.38 27,107 4 Ofce expenses 71.20 46
5 Legal/professional fees
6 Audit fee 26.00 26
7 Charitable gifts 38,357.90 36,895
8 Water supply to troughs 117.83 679
9
43,336.01 42,798 10 41,073.81 40,121
Balances Brought forward 47,084.96 11 Carried forward 49,347.16
90,420.97 12 90,420.97
Reconciliation NatWest current account as at:
31.12.2021
Less unpresented cheques (see list below)
51,258.16
- 1,911.00
Plus cash banked after statement or unbanked at: 31.12.2021
Balance carried forward 49,347.16
49,347.16
Cheques unpresented at bank statement date
Date
Cheq No
Payee
11/21/2020 1196 Lewis 50.00
11/27/2021 1244 Dulson 60.00
11/27/2021 1265 Snell 60.00
11/27/2021 1269 Williams 60.00
11/27/2021 1272 Smith 60.00
11/27/2021 1275 Smout 60.00
11/27/2021 1285 Ludlow PCC 200.00
12/10/2021 1289 WJS 1,050.00
12/16/2021 1290 Balens 361.00
12/31/2021 write of cheque 1196 50.00
- 1,911.00
Assets NatWest current account 49,347.16
COIF Income Units opening value 941,626.45
New value
30.06.21 Value adjustment 64,429.21
31.12.21 Value adjustment 69,144.83
COIF closing value 1,075,200.49
Total liquid assets 1,124,547.65
(Valued at between £6,500 and £10,000 per acre - using the mean £8,250)Fixed assets (land) 856,350.00
Total assets 1,980,897.65

Signed............................................. Clerk to the Trustees dated..................................

31.12.2021

Jane Higginson Charity

Payments report to the meeting on:

Date
Payee
06/18/2021 Beechtree Centre
06/18/2021 P Davies
07/02/2021 T Williams
07/02/2021 Shropshire Cycle Hub
07/02/2021 Rotarty Club
07/02/2021 Welsh Water
09/25/2021 T Williams
Fund transfer
Charity distribution
Running costs
Amount
8,000.00
26.00
547.10
2,000.00
£6,000.00
£117.83
£540.06
£ -
£16,000.00
£1,230.99
£17,230.99
Details
Contibution to Fund Centre
Audit Cost
Salary £534.97 ofce expenses £12.13
Contribution to Cycle Hub
Contribution to Lifeline
Troughs
Salary £534.97 ofce expenses £5.09