2021-04-05-accounts

	Page
Epitome
Report ofthe Trustees	2to6
Report ofthe Independent Auditors	7 to 8
Statement ofFinancial Activities
Balance Sheet	10
Notes to the Financial Statements	11to 15
Detailed Statement ofFinancial Activities	16to 17

				5.4.21	5.4.20
				Total funds	Total funds
			Notes
INCOME AND ENDOWMENTS		FROM
Iuvestment income				31,910	45,806
Other iucome				152,548	144,510
Total				184,458	190,316
EXPENDITURE ON
Portfolio manageutent				12,638	5,504
Governance				20,512	24,286
Management				1,372	3,183
Charitable activities
Upkeep ofAlmshouses				91,270	70,792
Total				125,792	103,765
Net gains (losses) on investments				529,838	(253,017)
NET INCOME / (EXPENDITURE)				588,504	(166,466)
Total funds brought	forsvard			4,700,523	4,866,989
TOTAL FUNDS CARRIED FORWARD				~589 027	4,700,523

Balance Sheet
A~(A H 2tl21
		5.4.21	5.4.20
		Total funds	Total funds
	Notes
FIXEDASSETS
Tangible assets		2,681,836	2,681,102
Investments		2,459,660	1,910,411
		5,141,496	4,591,513
CURRENT ASSETS
Prepayments and accrued income		650	1,560
Cash at bank		161,102	131,049
		161,752	132,609
CREDITORS
Amounts falling due within one year		(14,221)	(23,599)
NET CURRENT ASSETS		147531	109,010
TOTAL ASSETSLESSCURRENT
LIABILITIES		5,289,027	4,700,523
NET ASSETS		5,289,027	4,700,523
FUNDS
Unrestricted funds		~5289,027	4,700,523
TOTAL FUNDS		~5286 027	4,700,523

		5.4.21	5.4.20
			f
Dividends	receivable	27,368	35,798
Interest receivable		4 542	10,008
		31,910	45,806

							5.4.21	5.4.20
							f
	Trustees'	expenses					1,061	2,632
5.	STAFF	COSTS
	The average monthly		number ofemployees		during	the year was as follows:
							5.4.21	5.4.20
	Warden						2	2
	No employees received emoluments			in excess of860,000.

TANGIBLE FIXEDASSETS
	Freehold
	property
COST
At 6 April 2020	2,681,102
Additions	734
At 5 April 2021	2,681,836
NET BOOK VALUE
At 5 April 2021	2,681,836
At 5 April 2020	2,681,102

CREDITOR	S:	AMOUNTS FALLING	DUE WITHIN ONE	YEAR
						5.4.21	5.4.20
						f	I
Other creditors						14,221	23 599
NIOVEMENT		IN FUNDS
				Net movement	Transfers
			At 6.4.20	in funds	between	funds	At 5.4.21
			8	f.		f
Unrestricted	funds
General Fund			1,709,047	496,967		(734)	2,205,280
Special Repairs		Fund	310,374	91,537			401,911
Property Fund			2,681 102			734	2,681,836
			4,700,523	588,504			5,289,027
TOTAL FUNDS			~4700,523	~588 504		—	5,289,027

		Incoming	Resources	Gains and	Movement in
		resources	expended	losses	funds
		f,	6	f
Unrestricted	funds
General Fund		179,348	(123,734)	441,354	496,968
Special Repairs Fund		5,110	~2058	88484	91 536
		184,458	(125,792)	529,838	588,504
TOTAL FUNDS		184,458	~125792)	529,838	588 504

SW Smedle Charitable Trust	SW Smedle Charitable Trust	SW Smedle Charitable Trust
Detailed Statement ofFinancial Activities
for the Year Ended 5 A ril		2021
			5.4.21	5.4.20
INCOME AND ENDOWMENTS
Investment income
Dividends receivable			27,368	35,798
Interest receivable			4 542	10,008
			31,910	45,806
Other income
Housing benefit			27,672	26,509
Monthly maintenance	income		104,776	98,001
Learoington Spa rents			20,100	20000
			152,548	144,510
Total incoming resources			184,458	190,316
EXPENDITURE
Investment management		costs
Portfolio management			12,638	5,504
Charitable activities
Wages			24,917	24,254
Pensions			1,395	1,362
Council tax / Rates			1,102	260
Insurance			3,945	3,110
Electricity			4,792	4,334
Telephone			1,681	1,748
Property management	commission		1,920	2,392
Gas			784	511
Repairs and maintenance			35,297	26,968
Lease 37West Street			2,500	2,500
Residents alarms			1,947	1,703
Cluistmas vouchers	and (2020 -party)		990	1,650
Grants			10,000
			91,270	70,792
Support costs
Management
Trustees' expenses			1,061	2,632
Sundry				50
Subscriptions			311	501
			1,372	3,183

for thc Year E	nded 5 A ril 2021
		5.4.21	5.4.20
Governance	costs
Auditors' remuneration		2,460	3,300
Accountancy	and secretarial	18,052	18,277
Legal fees			2,709
		20,512	24 286
Total resources expended		125,792	103,765
Net income		58,666	86,551