| Page | ||
|---|---|---|
| Trustees | ||
| Reference and administrative details ofthe charity and advisers |
||
| Trustees' report |
||
| Independent examiner's |
report | 7-8 |
| Statement offinancial | activities | |
| Balance sheet | 10 | |
| Notes to the financial statements | 11 - 20 |
| Endowment | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Note | 2021 f |
2021 | 2021 | 2020 | |||
| Income and endowments | from: | ||||||
| Charitable activities |
21,524 | 21,524 | 21,334 | ||||
| Investments | 4,713 | 4,713 | 4,810 | ||||
| Total income and | endowments | 26,237 | 26,237 | 25,944 | |||
| Expenditure on: |
|||||||
| Charitable activities |
10,162 | 10,162 | 8,801 | ||||
| Total expenditure | 10,162 | 10,162 | 8,801 | ||||
| Net income before investment | |||||||
| gains/(losses) | 16,075 | 16,075 | 17,143 | ||||
| Nel gains/(losses) | on investments | 8 | 14,086 | 16,470 | 30,556 | (18,024) | |
| Net income / (expenditure) |
before other | ||||||
| recognised gains and losses |
14,086 | 32,545 | 46,631 | (881) | |||
| Net movement in |
funds | 14,086 | 32,545 | 46,631 | (881) | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 68,045 | 358,291 | 426,336 | 427,217 | ||
| Total funds carried forward | 82,131 | 390,836 | 472,967 | 426,336 |
| Charitable activities |
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|---|---|---|---|---|
| Endowment | Unrestricted | Total | Total | |
| funds | funds | funds | funds | |
| 2021 | 2021 | 2021 6 |
2020f | |
| Insurance | 1,266 | 1,266 | 1,307 | |
| Repairs and maintenance | 1,502 | 1,502 | 1,167 | |
| Gifts to residents | 450 | 450 | 360 | |
| Essential services grants | 1,320 | 1,320 | 1,290 | |
| Electricity and water rates | 149 | 149 | 135 | |
| Gardening | 2,804 | 2,804 | 1,534 | |
| Window cleaning | 150 | 150 | 210 | |
| Subscriptions | 495 | 495 | 787 | |
| Sundry | 35 | 35 | 11 | |
| Honoraria | 1,000 | 1,000 | 1,000 | |
| Postage and stationery | 27 | 27 | 95 | |
| Accountancy fees | 964 | 964 | 668 | |
| Interest payable | 237 | |||
| Total | 10,162 | 10,162 | 8,801 |
| For | the year ended 31 March 2021 |
|---|---|
| 7. | Tangible fixed assets |
| Cost | |
| At 1 April 2020 and 31 March 2021 | |
| Depreciation | |
| At 1 April 2020 and 31 March 2021 | |
| Net book value | |
| At 31 March 2021 | |
| At 31 March 2020 |
| Fixed asset inv | estm | ents | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Listed | ||||||||||
| securitiesf | ||||||||||
| Market value | ||||||||||
| At 1 April 2020 | 127,622 | |||||||||
| Revaluations | 30,556 | |||||||||
| At 31 March 2021 | 158,178 | |||||||||
| Historical cost | 108,956 | |||||||||
| Material investments | ||||||||||
| 31 March | 31 March | |||||||||
| 2021 | 2020 | |||||||||
| F | ||||||||||
| COIF Charities | Investment | Fund - income units | 82,131 | 68,045 | ||||||
| Schroders Equity Fund - accumulation units |
19,910 | 13,838 | ||||||||
| M&G NAACIF - | income units | 56,137 | 45,739 | |||||||
| 158,178 | 127,622 | |||||||||
| Material restrictions | ||||||||||
| The scheme for the | regulation | of the Charity provides | that up to | 628,537 may be applied | towards the cos | |||||
| of repairing and |
modernising | the Almshouses | but that | any such | loan by the | Permanent | Endowment Fund |
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| shall be repaid | by a | sinking | fund over a period of thirty years | by investment | into a separate | designated | ||||
| account. | ||||||||||
| Debtors | ||||||||||
| 2021 | 2020 | |||||||||
| 6 | E | |||||||||
| Other debtors and prepayments | 1,681 | 414 | ||||||||
| Creditors: Amounts | falling | due within one year | ||||||||
| 2021 | 2020 | |||||||||
| E | ||||||||||
| Trade creditors | 1,588 | 30 | ||||||||
| Other creditors | and accruals | 829 | 853 | |||||||
| 2,417 | 883 |
| Analysis | ofnet assets between funds -current year |
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|---|---|---|---|---|
| Endowment | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| 6 | ||||
| Tangible | fixed assets | 256,019 | 256,019 | |
| Fixed asset investments | 82,131 | 76,047 | 158,178 | |
| Current | assets | 61,187 | 61,187 | |
| Creditors | due within one year | (2,417) | (2,417) | |
| 82,131 | 390,836 | 472,967 | ||
| Analysis | ofnet assets between funds - prior year | |||
| Endowment | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2020 | 2020 | 2020 | ||
| t' | 5 | |||
| Tangible | fixed assets | 256,019 | 256,019 | |
| Fixed asset investments | 68,045 | 59,577 | 127,622 | |
| Current | assets | 43,578 | 43,578 | |
| Creditors | due within one year | (883) | (883) | |
| 68,045 | 358,291 | 426,336 |
| Balance at | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at | Transfers | Gains/ | 31 March | ||||||
| 1 | April 2020 6 |
Income | Expensesf | in/out 6 |
(Losses) 6 |
2021 f |
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| Designated | funds | ||||||||
| Cyclical Repair Fund | 31,218 | (400) | 4,986 | 35,804 | |||||
| Extraordinary | Repair Fund | 20,415 | 3,048 | 6,073 | 29,536 | ||||
| 51,633 | (400) | 8,034 | 6,073 | 65,340 | |||||
| General funds | |||||||||
| General Funds | 306,658 | 26,237 | (9,762) | (8,034) | 10,397 | 325,496 | |||
| Total Unrestricted | funds | 358,291 | 26,237 | (10,162) | 16,470 | 390,836 | |||
| Endowment | funds | ||||||||
| Endowment | Funds | 68,045 | 14,086 | 82,131 | |||||
| Total offunds | 426,336 | 26,237 | (10,162) | 30,556 | 472,967 | ||||
| Statement offunds - prior | year | ||||||||
| Balance at | |||||||||
| Balance at | Transfers | Gains/ | 31 March | ||||||
| 1 April 2019 | Income | Expenses | in/out | (Losses) | 2020 | ||||
| 6 | 6 | 6 | 6 | E | |||||
| Designated | funds | ||||||||
| Cyclical Repair Fund Extraordinary Repair Fund |
26,706 22,980 |
(300) | 4,812 2,940 |
(5,505) | 31,218 20,415 |
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| 49,686 | (300) | 7,752 | (5,505) | 51,633 | |||||
| General Funds |
306,867 | 25,944 | (8,501) | (7,752) | (9,900) | 306,658 | |||
| Endowment | Funds | 70,664 | (2,619) | 68,045 |