2021-12-28-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to 3
Independent Examiner's	Report
Statement ofFinancial	Acnvities
Balance Sheet
Notes to the Financial Statements		7to14

			The Spencer Homes Charity	The Spencer Homes Charity	The Spencer Homes Charity
			Reference and	Administrative	Details
Charity Registration		Nmnber	248397
Almshouse	Association Member		1022
Number
Trustees			Mr GCarr (Chair)
			MrsJYSmith
			ResGL Hall
			Mrs HRMarshall
			Mr DA Brown
			Mr KNarey
			Dr SHarrison
Secretary			Mr SBrown
Principal Otnce			Fold House, 6The Fold
			Lothersdale
			Keighley
			West Yorkshire
			BD20SHD
Beakers			Yorkshire Bank Pie
			14Broadway
			Bradford
			West Yorkshire
			BDI IEZ
Independent	Examiner		Selina JArmitage	FCA
			Watson Buckle Limited
			Independent Examiner
			York House
			Cottingley Businem Park
			Bradford
			BD16IPE

						Endowment
				Unrestricted	funds	feeds
				Revaluation			Total	Total
				General	t'eserve	Permaneat	2021	2020
			Note	8	8	s	8
Income and endowments		fram
Investments				5,694			5,694	4,867
Charitable	activities			31,004			31,004	31,764
Other income				19,062			19,062	1,414
Total income and endowments				55,760			55,760	38,045
Expenditure
Charitable	activities			(16,481)			(16,481)	(15,156)
Net income				39,279			39,279	22,889
Gains/losses	on investment	assets			(15,207)		(15,207)	(20,186)
Net movement in funds				39,279	~15,20		24,072	2,703
Reconciliation offunds
Total funds	brought forward			333,053	30,281	11,154	374,488	371,785
Total funds	cerned forward			372332	15074	11154	398560	374488

					2021	2020
				Note	f.
Axed assets
Tangible assets				10	129,536	125,958
Investments				11	87,978	167,465
					217,514	293,423
Current assets
Debtors				12	88,607	1,046
Cash at bank	and in hand				103007	89714
Creditors: Amounts		failing due within one year		13	190,614 ~4.005	90,800 4,135
Net current	assets				186,519	86,665
Total assets	less current		liabilities		404,033	380,088
Creditors: Amounts		falling due oner more than one year		14	~5473	~5600
Net assets					39&,560	374,488
Funds ofthe charity:
Reserves
Unrestricted	funds				372332	333,053
Unrestricted	revaluation		reserve		15,074	30,281
Endowment	funds				11,154	11,154
Total Reserves				15	390560	374488

over their expected useful economic life as follows:
Asset class	Depreciation	method and rate
Original structure	50years
Roofs	50years
Doors and windows	30years
Boilers	15years
Bathroom	25years
Kitchens	20years
Electrical and heafing instafiations	25years

3	Income fr	om investments
			Unrestricted
				Total		Total
			General	2021		2020
				0		0
Interest receivable and similar income;
	Interest receivable on bank deposits		7		7		95
Other income		1'mm fixed asset invesiments	5,687	5,687		4,772
			5694	5,694		4	807
4	Income fram Charitable activities
			Unrestricted
				Total		Total
			General	2021		2020
				s
	Weekly maintenance charges Voids		32,139 ~(3,733	32,139 ~3,333		31,764
			31,004	31,004		31,764
5	Other income
			Unrestricted
				Tatal
			General s	2021f
Amortisation		ofgoodwill	127		127		127
Gains on sale		ofprogram related assets for charity's own use	17,613	17,613
Other income			1322	1,322		1	287
			19,062	19	062	1,414

			Unrestricted
			funds
				Total	Total
			General	2021	2020
			8	8
Rates			1,577	1,577	1,731
Light, heat	and power		1,001	1„001	1,206
Insurance			1,389	1,389	1,330
Repairs and	renewals		5,210	5,210	3,217
Printing, postage and stationery			27	27	50
Trade subscriptions			197	197	179
Sundry expenses					63
Management	charges payable		600	600	1,200
Independent	examiner's	fee	1,080	1,080	1,080
Depreciation	offreehold	property	836	836	836
Depreciation	offixturcs	and fittings	4,664	4664	4,264
			16,481	16,481	15,156

Unrestricted
	Total	Total
General	2021	2020
8	8
1,080	1,080	1,080

11 Fixed asset investments
	2020	2020
	8
Listed investments	87978	167465
Other investments
	Listed
	investments	Total
Cost orValuation
At 29December 2020	167,465	167,465
Revaluation	(15,207)	(157207)
Additions Dispcsals	5,687 ~(69,967	5,687 ~(69,967
At 28December 2021	87,978	87,978
Net book value
At 2$December 2021	87,978	87,978
At 2$December 2020	167,465	167,465

12 Debtors
		2021	2020
			8
Prepayments		1,027	1,046
Accrued income		87,580
		88607	1	046
13 Creditors: amounts	falling due within one year
		2021f	2020
WMC in advance				383
Other creditors		1,763	1,355
Accroals		2,205	2,270
Grants		127		127
		4,095	4,135

2021	2020
8
5,473	5	600

15 Funds
	Balance at29			Other	Balance st28
	December	Incoming	Resources	recognised	December
	2020	resources f	expended	gains/(tosses) 8	2021 8
Unrestricted
General Other	(333,053) ~32203	(38,147)	16,481	(17,613) 15,207	(372,332) ~35,074
Total unrestricted	(363,334)	(38,147)	16,481	(2&406)	(387,406)
Endowment
Permanent Total fends	~33,354& ~374,488	~30147	16,481	~2,406	~31,354 ~338,560

15.Analysis ofnet assets between funds
	Unrestricted	Endowment
	funds	fands
	General	Permanent
	Sands	funds	Other funds	Total funds
	8	8	8	8
Tangible tixed assets	129,536			129,536
Fixed asset investments	140,003		35,555	175,558
Current assets	91,880	11,154		103,034
Current liabilities Creditors over 1year	(4,095) ~5,473			(4,095) ~5,473
Total uet assets	351,851	11,154	35,555	398,560