| trustees during the year to 31st Dece | mber2020 were: |
|---|---|
| MrAMcKernan(Chairman) | Mr PLeeder |
| MrsS Freeman(ViceChairman) | MrALowe |
| MrDBarnard | MrGLowe |
| MrR Caton | Mr\ySavch |
| MrRHingston | MrJ Stasg |
| MrsVKnisht |
| Report to the | |
|---|---|
| trusteesof | ThaxtedRelief in Need Charities |
| Onaccounts | 31stDecember2020-set out on pages4and Charity 243782 |
| forthe year | 5 no |
| ended | / |
| Respective | Thecharity'strusteesare responsible forthepreparation of the accounts. The |
| responsibilitie s of trustees and examiner |
charity's trusteesconsiderthatanauditis not required for thisyearunder section144oftheCharitiesAct2011 (the CharitiesAct)and thatan independentexaminationis needed. |
| It ismyresponsibilityto: |
| 2019 | ||||
|---|---|---|---|---|
| estrictedReceipts in vear | ||||
| Receipts | ||||
| lnvestment lncome from COIF lnvestment Fund | 6253.92 | 6130.00 | ||
| lnterest | 163.31 | 352.00 | ||
| Property Rentals | 16050.00 | 6435.00 | ||
| Almshouse maintenance contributions | 21819.00 | 20958.00 | ||
| Other lncome | 56.99 | 47407.00 | ||
| 44343.22 | 81282 | |||
| Property Expenses | ||||
| Heat, Light&Water | 2797.78 | 2392.00 | ||
| Maintenance Costs | 2984.06 | 1909.00 | ||
| lnsurance & Professional fees | 5760.23 | 7683.00 | ||
| 11542.07 | 1198/. | |||
| Administration | 195.00 | 1675 | ||
| Transfer to Almshouses Extraordinary Repair Fund | 1623.51 | 195 | ||
| Transfierto Almshouse Cyclical Repait Fund Surplus before allocations td those in need |
0.00 --36F8ffi' |
0 67,428.00 |
||
| Less:- lncome allocations | 11616.02 | 16266 | ||
| Surplus (Deficit)inYear-Unrestricted | 19,366.62 | 51,162 | ||
| Sum transfened from General FundstoRestricted | 46,059.73 | 0 | ||
| t26€e-tTTt | 51,161.99 |
| trictedReceiots & Pavmentsinvear | ||
|---|---|---|
| lnterest Received | 614.94 | 2019 |
| Sum transferred from General FundstoRestricted | 46059.73 | 0 |
| Purchase cost of new lnvestment Property | (403,437.00) | 0 |
| Surplus(Deficit)inYear -Restricted | (356,762.33) | 2019 |
| lSurplus(Deficit) in year-AllFunds | 53,'181 | |
| s8t .f(.at | tr" | |
| Signed | DateA.p":J;rI | |
| oau..*"..hn(zr | ||
| t / |
o*"{.f&..qnn |
| Net MonetaryAssets | 2020 | 20't9 | ||
| Bank &DepositBalances | ||||
| GeneralFund-BarclaysCunent Account | 28023.26 | 54879.68 | ||
| GeneralFund -COIF DepositAccount TotalGeneral Fund |
62285.90 90309.16 |
62122.59 @ |
||
| RestrictedFund - GOIF DepositAccount | 0.00 | 356762.33 | ||
| TotalCash Balances | 90309.16 | 473764.60 | ||
| Reconciliation ofGash balances | ||||
| Opening Cash balances - General Fund | 117002.27 | 65840.48 | ||
| Add surplusin year-General Fund | '19,366.62 | 51,161,79 | ||
| Less Transferred to Restric{ed Funds TotalGeneral Fund |
(46,059.73) 9030s.'t6 |
0.00 ffi |
||
| Opening Cash balances-Restricted Fund | 356762.33 | 354743.27 | ||
| Surplusin Year-Restricted | 614.94 | 2019.06 | ||
| Sub Total | 357377.27 | 356762.33 | ||
| AddTransferred &omGeneralFunds | 46059.73 40u37.OO |
0 876ffi' |
||
| Less- lnvestedinNo19. Lt Maypole, | Thaxted | (403,437.00) | 0.00 | |
| Total RestriciedCash Balances | 0.00 | -ffi | ||
| TotalFunds-Cash Balances | 90309.16 | 473764.60 | ||
| lnvestments withCOIFlnvestmentFund | ||||
| GeneralFunds | ||||
| Marketvalue 31st December | 216814.46 | 204186.04 | ||
| 12061.53 shares(2018,12061.53) | ||||
| DeslgnatedFunds | ||||
| AccumulatingCOIFSharesbeingCyclical Repair | ||||
| Fund forthealmshouses. | ||||
| 293.12 shares(2018, 293.12) | 60439.56 | 55160.96 | ||
| Restricted Funds | ||||
| Accumulating COIF Sharesbeing ExtraordinaryRepair | ||||
| Fund forthealmshouses. | ||||
| 558.39shares(2018, 557.30) | 115,351.05 | 105,080.96 | ||
| Amountsdesignated againstbank &depoeitbalancesforFuture Expenditure Almshouseimprovements/maintenance 17,759.OO lncome allocationsapproved but unpaid at31stDecember2020 6,200.00 Repair&Renewal investments delayedfrom2020 into2021 6,000.00 |
5,900 0 0 |
|||
| 29,950.00 | 5,900 | |||
| Non MonetaryAssets AgriculturalLand |
Acres | |||
| HuntsFarm | 30.00 | |||
| Reynolds Croft | 2.50 | |||
| Moores Mead | 1.70 | |||
| PrincesCroft | 3.40 | |||
| JesusCroft | 3.6,4 | |||
| Damaries Mead | 3.10 | |||
| m |