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|||PAGE|
|---|---|---|
|Annual<br>Report||1-3|
|Independent<br>Examiners|Report||
|Statement<br>of Financial|Activities||
|Balance Sheet|||
|Notes to the Accounts||7-9|





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|J Russell||||Chairman|||||Co-optative|Co-optative|
|---|---|---|---|---|---|---|---|---|---|---|
|W M Henwood||||Vice chairman|||||Co-optative||
|D F Baker||||Expired 17 May||2021|||Ex- officio||
|L E Benham||||Terminated|8 June||2021||Co-optative||
|J M Eagland|||||||||Co-optative||
|C P Earnshaw||||Appointed|8 June 2021||||Co-optative||
|J A Greaves|||||||||Lichfield|City Council|
|D Greatorex|||||||||Lichfield|City Council|
|P SJones|||||||||Lichfield|City Council|
|C J McNeill|||||||||Co-optative||
|TJ Roach|||||||||Co-optative||
|N G Sedgwick|||||||||Co-optative||
|C R Stokes|||||||||Co-optative||
|M A Warfield|||||||||Co-optative||
|R P Yardley||||Appointed|17 May 2021||||Ex- officio||
|Principal Address:||||S R James|||||||
|||||The Clerk|||||||
|||||Lichfield<br>Municipal|||Charities||||
|||||St Mary's Chambers|||||||
|||||5 Breadmarket||Street|||||
|||||Lichfield|||||||
|||||WS136LQ|||||||
|Website:||||www. lichfieldmunici|||al.or|.uk|||
|Registered||Charity|Number:|254299|||||||
|Principal|Bankers:|||CAF Bank|Ltd||||||
|||||25 Kings<br>Hills Avenue|||||||
|||||Kings<br>Hill|||||||
|||||West Mailing|||||||
|||||ME194JQ|||||||
|Independent||Examiner:||A P Morris|FCA||||||
|||||of Dains LLP|||||||
|||||Chartered|Accountants||||||
|||||St Johns Court|||||||
|||||Wiltell Road|||||||
|||||Lichfield|||||||
|||||Staffs|||||||
|||||WS14 9DS|||||||
|Investment||Advisers:||Brewin<br>Dolphin||Securities|||Ltd||
|||||9 Colmore|Row||||||
|||||Birmingham|||||||
|||||B32BJ|||||||





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|YEAR ENDED 31 DECE|MB|ER 202|1|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Income|Extraordinary||Endowment|Total|Total|
||||Note|Fund|Repairs|Fund|Fund|2021|2020|
|||||E|E|||||
||||||||||(As restated)|
|Income and endowments|from:|||||||||
|Charitable<br>activities||||||||||
|Maintenance<br>contributions||receivable||45,372||||45,372|44,659|
|Investments||||||||||
|Income from listed investments|||2|42,247||2,698||44,945|41,961|
|Deposit interest<br>and similar||income||7||||7|92|
|Rental income||||365||||365|365|
|Other||||798||||798|71|
|Total||||88,789||2,698||91,487|87,148|
|Expenditure<br>on:||||||||||
|Almshouse<br>running<br>costs||||28,930||||28,930|39,760|
|Other charitable<br>expenditure||||15,800||||15,800|14,491|
|Investment<br>management|charges|||2,619||654|7,498|10,771|10,032|
|Insurance<br>etc re land at Darnford||||321||||321|292|
|Clerk's salary||||14,375||||14,375|13,900|
|Independent<br>examiner's<br>fees||||2,436||||2,436|2,382|
|Sundry expenses||||1,143||||1,143|747|
|Depreciation<br>- Solar panels||||977||||977|977|
|Total||||66,601||654|7,498|74,753|82,581|
|Gains/(losses)<br>on investments|||10|36,063||1,303|187,131|224,497|14,214|
|Net income/(expenditure)||||58,251||3,347|179,633|241,231|18,781|
|Net movement<br>in funds||||58,251||3,347|179,633|241,231|18,781|
|Reconciliation<br>offunds:||||||||||
|Total funds<br>brought<br>forward||||687,993|114,700||1,894,897|2,697,590|2,701,256|
|Prior year adjustment|||13|22,447||||22,447||
|Total funds carried forward||||768,691|118,047||2,074,530|2,961,268|2,720,037|





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||||||Income|Extraordinary|Extraordinary|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||Note|Fund|Repairs|Fund|Fund|2021|2020|
||||||E|F|||||
||||||||||(As restated)||
|Fixed Assets|||||||||||
|Freehold<br>Land||and Buildings||7|180,831|||680,000|860,831|702,447|
|Solar Panels||||8|3 9'I1||||3,911|4,888|
|Investment|Property|||9||||7,500|7,500|7,500|
|Listed Investments||||10|475,320|118,016||1,395,901|1,989,237|1,772,472|
||||||660,062|118,016||2,083,401|2,861,479|2,487,307|
|Current Assets|||||||||||
|Debtors|||||4,728||||4,728|3,869|
|Balances at|Bank:||||||||||
|Deposit|||||80,784||||80,784|80,776|
|Current|||||29,525||194|(6,935)|22,784|167,850|
|Total current||assets|||115,037||194|(6,935)|108,296|252,495|
|Liabilities||||12|||||||
|Creditors: Amounts|||due within|1 year|6,408||163|1,936|8,507|19,765|
|Net Current|Assets||||108,629||31|(8,871)|99,789|232,730|
|Net Assets|||||768,691|118,047||2,074,530|2,961,268|2,720,037|
|The funds of||the charity:|||||||||
|Permanent|endowment|||||||2,074,530|2,074,530|1,894,897|
|Extraordinary||repairs|fund|||118,047|||118,047|114,700|
|Unrestricted|income||funds||768,691||||768,691|710,440|
||||||768,691|118,047||2,074,530|2,961,268|2,720,037|





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|Almsho|use|Running<br>Costs|||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||||E||
||||||(As|restated)|
|Insurance|||||1,404|1,364|
|Garden|Maintenance||||4,280|4,114|
|Water,|Council Tax and Electric||||12,402|8,393|
|Lifeline|and|Smoke Alarm System|||111|634|
|Repairs|and|Renewals|||5,007|16,516|
|Professional||fees re proposed|additional|Almshouse|4,800|7,527|
|Sundry|Expenses||||926|1,212|
||||||28,930|39,760|





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|Other Charitable<br>Expenditure|Other Charitable<br>Expenditure|2021|2020|
|---|---|---|---|
|||F|E|
|Grants to Organisations||5,000|5,500|
|Grants to 23 individuals|(2020 - 22 )|10,800|8,991|
|||15,800|14,491|
|Grants to Organisations|were as follows:|||
|Nether Stowe School||5,000||
|Lichfield Food Bank|||500|
|St Giles Hospice|||5,000|
|||5,000|5,022|



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|||||2021|2020|
|---|---|---|---|---|---|
|||||F|F|
||||||(As restated)|
|13Bungalows|known as William||Lunns Homes|||
|At 1 January|2021|||702,447|680,000|
|Add remodelling/refubishment||expenditure||158,384|22,447|
|||||860,831|702,447|



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|8 Solar Pan|els|||
|---|---|---|---|
|||2021|2020|
|||f.|E|
|At cost||9,773|9,773|
|Depreciation|at 1 January 2021|4,885|3,908|
|Depreciation|charge for the year|977|977|
|Depreciation|at 31 December 2021|5,862|4,885|
|Net book value at 31 December 2021||3,911|4,888|



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|||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||F|E|
|Land|at|Darnford-At|1|January|2021|and|31|December|2021|7,500|7,500|





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||||||||2021|2020||
|---|---|---|---|---|---|---|---|---|---|
||||||||F|E||
|Listed UK||Investments|||||1,934,566|1,704,842||
|Investment||Portfolio Cash|||||54,671|67,630||
||||||||1,989,237|1,772,472||
|||||Income|Extraordinary||Endowment|Total|Total|
|||||Fund|Repairs|Fund|Fund|2021|2020|
|||||E|E||E|E||
|Investments||held at 01.01.21||431,766|91,750||1,181,326|1,704,842|1,829,511|
|Additions|at cost|||59,742|19,972||48,870|128,584|304,339|
|Disposals||at carrying|value|(74,741)|||(48,616)|(123,357)|(443,222)|
|Add net gain/(loss)<br>on|||revaluation|36,063||1,303|187,131|224,497|14,214|
|Investments||held at 31.12.21||452,830|113,025||1,368,711|1,934,566|1,704,842|



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|||||2021|2020|
|---|---|---|---|---|---|
|||||E|F|
|Maintenance||Contributions|Receivable|618|1,032|
|Other Debtors and Prepayments||||1,224|360|
|Investment||Income||2,886|2,477|
|||||4,728|3,869|
|12 Creditors||||||
|||||2021|2020|
||||||E|
|Creditors|and accrued expenses|||8,507|19,765|
|Permanent|endowment|||1,936|1,771|
|Extraordinary||repairs<br>fund||163|166|
|Unrestricted||income funds||6,408|17,828|
|||||8,507|19,765|



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