| STATEMENT OF FINA | NCIAL ACTIVITIE | S FOR THE Y | EAR ENDED 3 | 1 DECEMBE | R 2020 |
|---|---|---|---|---|---|
| Note | Unrestricted | Endowment | Total | Total | |
| Funds | Funds | Funds | Funds | ||
| 2020 | 2019 | ||||
| F | f | E | |||
| Income and Expenditure | |||||
| Incoming Resources | |||||
| Rents Due from Tenants | 34,800 | 34,800 | 34,685 | ||
| Investment Income |
13,202 | 13,202 | 12,822 | ||
| Total Incoming Resources | 48,002 | 48,002 | 47,507 | ||
| Resources Expended | |||||
| Direct charitable expenditure |
19,240 | 19,240 | 21,175 | ||
| Total Resources Expended | 19,240 | 19,240 | 21,175 | ||
| Net Incoming resources | |||||
| for the Year | 28,762 | 28,762 | 26,332 | ||
| Other Recognised Gains |
and Losses | ||||
| Unrealised gains/(losses) |
on investments | (22,308) | (22,308) | 39,393 | |
| Net Movement in Funds |
6,455 | 6,455 | 65,725 | ||
| Balances brought forward |
at | ||||
| 1 January 2020 | 387,656 | 35,466 | 423,122 | 357,397 | |
| Balances carried forward | at | ||||
| 31 December 2020 | 394,111 | 35,466 | 429,577 | 423, 122 |
| Notes | 2020 | 2019 | |||
|---|---|---|---|---|---|
| Fixed Assets | F | F | |||
| Freehold Land |
|||||
| Fox House 8 improvements | at cost | 57,348 | 57,348 | ||
| Less Housing Association |
Grant | 20,227 | 20,227 | ||
| 37,121 | 37,121 | ||||
| Plant 8 Machinery | 387 | 455 | |||
| General Investments |
337,410 | 346,515 | |||
| 374,918 | 384,091 | ||||
| Current Assets | |||||
| Debtors | 9 | 571 | 621 | ||
| Cash at Bank 8 In Hand | 8 | 55,954 | 40,634 | ||
| 56,525 | 41,255 | ||||
| Liabilities: amounts | falling due within one year | 10 | 1,866 | 2,224 | |
| Net Current Assets | 54,659 | 39,031 | |||
| Total Assets less Current | Liabilities | 429,577 | 423,122 | ||
| Funds | |||||
| Unrestricted | 15 | 394,111 | 387,656 | ||
| Crewdson Endowment |
Fund | 15 | 35,466 | 35,466 | |
| 429,577 | 423,122 |
| 3 | Investment | Income | Income | Income | 2020 f |
2019f | |
|---|---|---|---|---|---|---|---|
| Dividends from |
quoted investments: | ||||||
| M 8 G —National | Association | ofAlmshouses | 12,804 | 12,401 | |||
| Lloyds Bank | Gilt | Fund | 397 | 420 | |||
| Bank and building | society interest: | ||||||
| Lloyds TSB | —Deposit Account | ||||||
| 13,202 | 12,822 | ||||||
| 4 | Direct Charitable | Expenditure | 2020 | 2019 | |||
| E | |||||||
| Repairs and | Renewals | 3,485 | 6,425 | ||||
| Professional | fees | 1,680 | |||||
| Subscriptions | 8, licences | 210 | 90 | ||||
| Rates and Water | 3,749 | 2,666 | |||||
| Electricity | 565 | 565 | |||||
| Insurance | 1,192 | 1,408 | |||||
| Adverts | 303 | ||||||
| Examiner's fee |
624 | 744 | |||||
| Governance | costs | 230 | 764 | ||||
| Wages | 8,814 | 6,700 | |||||
| Depreciation | 68 | 80 | |||||
| Sundry | 53 | ||||||
| 19,240 | 21,175 |
| Fixed Assets Schedule | |||
|---|---|---|---|
| Freehold | Plant 8 | Total | |
| Property | Machinery | ||
| Cost: | |||
| At 1 January 2020 | 37,121 | 5,948 | 43,069 |
| Additions | |||
| At 31 December 2020 | 37,121 | 5,948 | 43,069 |
| Depreciation: | |||
| At 1 January 2020 | 5,493 | 5,493 | |
| Charge for Year | 68 | 68 | |
| At 31 December 2020 | 5,561 | 5,561 | |
| Net Book Value | |||
| At 31 December 2020 | 37,121 | 387 | 37,508 |
| At 31 December 2019 | 37,121 | 455 | 37,576 |
| 7 | Investments at Market Value |
2020 | 2019 | ||||
| F | |||||||
| M8 G Charity Multi |
Asset | Fund | 318,692 | 329,167 | |||
| Lloyds Investment | Funds | Ltd - Sterling | Bond | 18,718 | 17,348 | ||
| 337,410 | 346,515 | ||||||
| The Historical Cost of Investments | at | 31 December 2020 was f87,553(2019:f87,553) | |||||
| 8 | Cash at Bank | 2020 | 2019 | ||||
| f | |||||||
| Lloyd's Bank Deposit Account | 1,530 | 1,529 | |||||
| Lloyd's Bank Current Account | 54,424 | 39,105 | |||||
| 55,954 | 40,634 | ||||||
| 9 | Debtors | 2020 | 2019 | ||||
| F | F | ||||||
| P repayments | 571 | 621 | |||||
| 571' | 621 | ||||||
| 10 | Creditors | 2020 | 2019 | ||||
| F | E | ||||||
| Accruals | 1,866 | 2,224 | |||||
| 1,866 | 2,224 | ||||||
| 11 | Crewdson Endowment |
Fund | |||||
| Balance Brought Forward | 35,466 | ||||||
| Fund as at 31 December | 2020 | 35,466 | |||||
| The fund represents | the | cost ofthe | freehold | land less the Housing Association |
grant. |
| Unrealised | ||||||||
|---|---|---|---|---|---|---|---|---|
| At 01/01/20 | Income | Expenditure | Gains/(Losses) | At 31/12/20 | ||||
| E | E | |||||||
| General funds | 387,656 | 48,002 | 19,240 | 22,308 | 394,111 | |||
| Unrealised | ||||||||
| At 01/01/19 | Income | Expenditure | Gains/(Losses) | At 31/12/19 | ||||
| E | E | E | E | |||||
| General funds | 321,931 | 47,507 | 21,175 | 39,393 | 387,656 | |||
| Endownment | Funds | |||||||
| Unrealised | ||||||||
| At 01/01/20 | Income | Expenditure | Gains/(Losses) | At 31/12/20 | ||||
| F | E | E | ||||||
| Endownment | funds | 35,466 | 35,466 | |||||
| Unrealised | ||||||||
| At 01/01/19 | Income | Expenditure | Gains/(Losses) | At 31/12/19 | ||||
| E | E | E | E | E | ||||
| Endownment | funds | 35,466 | 35,466 | |||||
| Analysis ofgroup | net | assets between funds | ||||||
| Unrestricted | Endownment | Total | ||||||
| Funds | Funds | Funds 2019 | ||||||
| F | E | E | ||||||
| Fixed assets | 339,452 | 35,466 | 374,918 | |||||
| Current assets | 56,525 | 56,525 | ||||||
| Creditors less | than | 1 | year | 1,866 | 1,866 | |||
| 394,111 | 35,466 | 429,577 | ||||||
| Unrestricted | Endownment | Total | ||||||
| Funds | Funds | Funds 2018 | ||||||
| E | E | E | ||||||
| Fixed assets | 348,625 | 35,466 | 384,091 | |||||
| Current assets | 41,255 | 41,255 | ||||||
| Creditors less | than | 1 | year | 2,224 | 2,224 | |||
| 387,656 | 35,466 | 423,122 |