2021-04-05-accounts

Reference and Administrative Details	1
Trustees' Report	2 to 3
Statement of Trustees' Responsibilities	4
Independent Examiner's Report	5
Statement of Financial Activities	6
Balance Sheet	7
Notes to the Financial Statements	8 to 14

Clerk	Ms A Chandler
Charity Registration Number	246905
Principal Office	Cumberland Court
	80 Mount Street
	Nottingham
	NG1 6HH
Independent Examiner	RWB CA Limited
	Northgate House
	North Gate
	New Basford
	Nottingham
	NG7 7BQ
Bankers	National Westminster Bank Plc
	148-149 Victoria Centre
	Nottingham

Trustees:	Mr R Holdsworth
	Mrs J Olpin
	Reverend T Pullen
	Mr N Cullen (appointed 26 May 2021)
	Mr P Kirkland (resigned 30 September 2021)
	Mrs J Fisher (resigned 29 October 2021)
Clerk:	Ms A Chandler

		Unrestricted	Restricted	Endowment	Total
		funds	funds	funds	2021
	Note	£	£	£	£
Income and Endowments from:
Investment income	2	4,649	1,302		5,951
Other income		31,616			31,616
Total income		36,265	1,302		37,567
Expenditure on:
Charitable activities	4	(23,252)			(23,252)
Total expenditure		(23,252)			(23,252)
Gains/losses on investment
assets		2,596	7,608	20,525	30,729
Net income		15,609	8,910	20,525	45,044
Net movement in funds		15,609	8,910	20,525	45,044
Reconciliation of funds
Total funds brought forward		73,925	19,744	492,667	586,336
Total funds carried forward	14	89,534	28,654	513,192	631,380
		Unrestricted	Restricted	Endowment	Total
		funds	funds	funds	2020
	Note	£	£	£	£
Income and Endowments from:
Investment income	2	6,240	1,377		7,617
Other income		29,693	-		29,693
Total income		35,933	1,377		37,310
Expenditure on:
Charitable activities		(28,357)			(28,357)
Total expenditure		(28,357)			(28,357)
Gains/losses on investment
assets		(3,368)	(7,591)	(26,628)	(37,587)
Net income/(expenditure)		4,208	(6,214)	(26,628)	(28,634)
Net movement in funds		4,208	(6,214)	(26,628)	(28,634)
Reconciliation of funds
Total funds brought forward		69,717	25,958	519,295	614,970
Total funds carried forward	14	73,925	19,744	492,667	586,336

		2021	2020
	Note	£	£
Fixed assets
Tangible assets	10	420,000	420,000
Investments	11	141,263	109,232
		561,263	529,232
Current assets
Cash at bank and in hand	12	79,002	64,105
Creditors: Amounts falling due within one year	13	(8,885)	(7,001)
Net current assets		70,117	57,104
Net assets		631,380	586,336
Funds of the charity:
Endowment funds		513,192	492,667
Restricted income funds
Restricted funds		28,654	19,744
Unrestricted income funds
Unrestricted funds		89,534	73,925
Total funds	14	631,380	586,336

	Unrestricted
	funds	Restricted	Total
	General	funds	2021
	£	£	£
Interest receivable and similar income;
Interest receivable on bank deposits	49		49
Other income from fixed asset investments	4,600	1,302	5,902
	4,649	1,302	5,951
	Unrestricted
	funds	Restricted	Total
	General	funds	2020
	£	£	£
Interest receivable and similar income;
Interest receivable on bank deposits	285		285
Other income from fixed asset investments	5,955	1,377	7,332
	6,240	1,377	7,617

3 Other income
	Unrestricted
	funds	Total
	General	funds
	£	£
Rental income	31,616	31,616
Total for 2021	31,616	31,616
Total for 2020	29,693	29,693

4Expenditure on charitable activities
	Unrestricted
	funds	Total
	General	2021
	£	£
Visitor's salary	600	600
Water rates	1,851	1,851
Insurance	1,099	1,099
Property management fees	828	828
Repairs and maintenance	11,809	11,809
Professional fees	216	216
Bank charges	42	42
Sundry	13	13
	16,458	16,458
	Unrestricted
	funds	Total
	General	2020
	£	£
Visitor's salary	600	600
Water rates	1,652	1,652
Insurance	1,130	1,130
Property management fees	1,380	1,380
Repairs and maintenance	17,765	17,765
Light, heat and power	188	188
Bank charges	33	33
Sundry	36	36
	22,784	22,784

	Unrestricted
	funds	Total
	General	2021
	£	£
Independent examiner fees
Examination of the financial statements	612	612
Legal fees	6,000	6,000
Other governance costs	182	182
	6,794	6,794
	Unrestricted
	funds	Total
	General	2020
	£	£
Independent examiner fees
Examination of the financial statements	594	594
Legal fees	4,800	4,800
Other governance costs	179	179
	5,573	5,573

7Staff costs The aggregate payroll costs were as follows:
	2021		2020
	£		£
Staff costs during the year were:
Wages and salaries		600		600

10 Tangible fixed assets
	Land and
	buildings	Total
	£	£
Cost
At 6 April 2020	420,000	420,000
At 5 April 2021	420,000	420,000
Depreciation
At 5 April 2021
Net book value
At 5 April 2021	420,000	420,000
At 5 April 2020	420,000	420,000

11 Fixed asset investments
	2021	2020
	£	£
Other investments	141,263	109,232

Other investments
	Almshouses
	common	M&G
	investment	charifund
	fund shares	income units	Total
	£	£	£
Cost or Valuation
At 6 April 2020	27,375	81,857	109,232
Revaluation	7,608	23,121	30,729
Additions	1,302		1,302
At 5 April 2021	36,285	104,978	141,263
Net book value
At 5 April 2021	36,285	104,978	141,263
At 5 April 2020	27,375	81,857	109,232
12 Cash and cash equivalents
		2021	2020
		£	£
Cash at bank		79,002	64,105
13 Creditors: amounts falling due within one year
		2021	2020
		£	£
Other taxation and social security		30	30
Other creditors		8,855	6,971
		8,885	7,001

14 Funds
				Other
	Balance at 6	Incoming	Resources	recognised	Balance at 5
	April 2020	resources	expended	gains/(losses)	April 2021
Unrestricted
General	73,925	36,265	(23,252)	2,596	89,534
Restricted	19,744	1,302		7,608	28,654
Endowment
Permanent	492,667			20,525	513,192
Total funds	586,336	37,567	(23,252)	30,729	631,380

	Unrestricted		Endowment	Total funds at
	funds	Restricted	funds	5 April
	General	funds	Permanent	2021
			£	£
Tangible fixed assets			420,000	420,000
Fixed asset investments	19,417	28,654	93,192	141,263
Current assets	79,002			79,002
Current liabilities	(8,885)			(8,885)
Total net assets	89,534	28,654	513,192	631,380