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





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|||||5.4.21|5.4.20|
|---|---|---|---|---|---|
|||||Total funds|Total funds|
||||Notes|||
|INCOME AND ENDOWMENTS||FROM||||
|Iuvestment<br>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<br>activities||||||
|Upkeep ofAlmshouses||||91,270|70,792|
|Total||||125,792|103,765|
|Net gains (losses) on investments||||529,838|(253,017)|
|NET INCOME<br>/ (EXPENDITURE)||||588,504|(166,466)|
|Total funds brought|forsvard|||4,700,523|4,866,989|
|TOTAL FUNDS CARRIED FORWARD||||~589 027|4,700,523|





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|Balance Sheet||||
|---|---|---|---|
|A~(A<br>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<br>and accrued income||650|1,560|
|Cash at bank||161,102|131,049|
|||161,752|132,609|
|CREDITORS||||
|Amounts<br>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<br>funds||~5289,027|4,700,523|
|TOTAL FUNDS||~5286 027|4,700,523|





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





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||||||||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<br>received emoluments|||in excess of860,000.|||||



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|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|





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|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|



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|||Incoming|Resources|Gains and|Movement<br>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|



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





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|for thc Year E|nded 5 A ril 2021|||
|---|---|---|---|
|||5.4.21|5.4.20|
|Governance|costs|||
|Auditors'<br>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|