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|Legal and administrative|details||
|---|---|---|
|Report ofthe Council of Management||2-5|
|Independent
Auditor's|Report|6-8|
|Statement of Financial|Activities||
|Balance Sheet|||
|Notes to the Financial|Statements|11 —19|
##
|financial s|tatements
for the year ended 31 December 2021.|tatements
for the year ended 31 December 2021.|||||
|---|---|---|---|---|---|---|
|Reference|and administrative
details,
its trustees and advisers||||||
|Charity number:||254704|||||
|Company|number;|00924311|||||
|Registered|office:|Friends House, 173Euston Road, London||NW1 2BJ|||
|Clerk:||Mark Bitel|||||
|Treasurer.||Malcolm
Bowker (to April 2021)|||||
|||David Hickok (from April 2021)|||||
|Secretary:||Simon Phillips (to August 2021)|||||
|||Jennifer Allott (from February 2022)|||||
|Bankers:||CAF Bank Ltd, 25 Kings
Hill Avenue,|Kings|Hill, West Mailing,||Kent ME194JQ|
|Solicitors:||CMS, 78Cannon
St, London EC4N SAF|||||
|||Bates Wells, 10Queen Street Place,|London EC4R||1BE||
|||Holmes
Mackillop, 109Douglas Street, Blythswood|||Square, Glasgow G2 4HB||
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|||||UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|||TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|---|
|||||General|Designated|Restricted|Endowment|||
|Income and endowments|||Notes|Fund|Fundsf|Funds
f|Funds
f|2021
f|2020
f|
|from:||||||||||
|Donations
and legacies
Charitable
activities
Investment
income|||3a
3b
3c|46,645
7,434
518||||46,645
7,434
518|68,400
48,258
1,623|
|Total income||||54,597||||54,597|118,281|
|Expenditure
on:||||||||||
|Raising funds
Charitable
activities||||3,315
35,802|35,129||52|3,315
70,983|375
172,863|
|Total expenditure||||39,117|35,129||52|74,298|173,238|
|Net gains/(losses)|on Investments||||||2,983|2,983|(4,205)|
|Net income/expenditure||and||15,480|(35,129)||2,931|(16,718)|(59,162)|
|net movements
in funds||||||||||
|Transfer between funds|||13|||||||
|Net movement
in|funds|||15,480|(35,129)||2,931|(16,718)|(59,162)|
|Reconciliation
of
Total funds brought|funds
forward||14,15,16|22,532|668,649|89,500|19,667|800,348|859,510|
|Total funds carried|forward||14,15,16|F38,012|f633,520|f89,500|f22,598|F783,630|f800,348|
##
##
||||2021||2020||
|---|---|---|---|---|---|---|
|||Notes|F||||
|Fixed Assets|||||||
|Investments||||22,598||19,667|
|Current Assets|||||||
|Debtors||10|479,387||548,002||
|Cash at bank and|on deposit||286,957||237,949||
||||766,344||785,951||
|Creditors: Amounts|falling||||||
|due within one year||12|5,312||5,270||
|Net current assets||||761,032||780,681|
|Net assets||17||f783,630||F800,348|
|Unrestricted
funds|||||||
|General||14|38,012||22,532||
|Designated||14|633,520||668,649||
|||||671,532||691,181|
|Restricted funds|||||||
|Audrey Deacon Legacy||16||89,500||89,500|
|Endowment
funds||15||22,598||19,667|
|TOTAL FUNDS||||6783,630||F800,348|
##
##
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##
##
##
##
##
||||General|Designated|Restricted|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|
||||Fund
F|Funds|Fundf|2021f|2020f|
|a)|Donations
and legacies
Donation
and gifts
Donated services (note 8)||15,887
30,758|||15,887
30,758|17,663
50,737|
||||f46,645|fNil|fNil|f46,645|F68,400|
##
##
|INC|OME AND E|NDOWMENTS
/c|ontd. ..|||||||
|---|---|---|---|---|---|---|---|---|---|
||||General|Designated||Restricted||TOTAL|TOTAL|
||||Fund||Funds|Fund||2021|2020|
|b)|Charitable|activities|6||5||5|F||
||Grants returned||||||||44,658|
||Administration|||||||||
||charge on|loans|7,434|||||7,434|3,600|
||||F7,434||ENil||ENil|F7,434|E48,258|
||All ofthe f48,258 recognised||in 2020 related||to the unrestricted||general|fund.||
|c)|Investment|income|6|||||6||
||Dividends||505|||||505|905|
||Bank interest||13|||||13|718|
||||F518||ENil||FNil|F518|61,623|
##
|||Activities|Grant|||||
|---|---|---|---|---|---|---|---|
|||undertaken|funding|of|Support|TOTAL|TOTAL|
|||directly|activities
F||costs|2021f|2020|
|Publicity|costs|F3,315|ENII||FNil|F3,315|F375|
##
##
##
##
|||Activities|Grant|||||
|---|---|---|---|---|---|---|---|
|||undertaken|funding|of|Support|TOTAL|TOTAL|
|||directly
F|activities
f||costs|2021
F|2020
F|
|Capital grants|||35,129|||35,129|101,932|
|Working
groups|||||||181|
|BYM support (note 8)|||||30,758|30,758|50,737|
|Legal fees|||||||12,791|
|Bookkeeping|||||1,266|1,266|1,440|
|Secretarial expenses|||||249|249|404|
|Subscriptions
/ fees|||||397|397|1,464|
|Council of Management||458||||458|1,003|
|Governance costs (Note 6)|||||2,250|2,250|2,220|
|Sundry expenses|||||476|476|691|
|Total charitable|expenditure|f458|F35,129||f35,396|F70,983|F172,863|
|institutions)
|or loans.||||y y|g|
|---|---|---|---|---|---|---|
|Analysis of|capital grants|Designated|Restricted|Support|TOTAL|TOTAL|
|||fund
F|fundf|costs|2021|2020|
|Handcrafted|Projects|5,000|||5,000||
|Ella's Home||8,000|||8,000||
|BoAZ Trust||13,125|||13,125||
|Pathways
for all People||9,004|||9,004||
|Total 2020||||||101,932|
|||f35,129|FNil|fNil|f35,129|f101,932|
##
##
##
##
|2021|2020|
|---|---|
|F||
|E2,250|F2,220|
##
##
|DONATED SERVICE|S|S||||||
|---|---|---|---|---|---|---|---|
|The cost ofsecretarial|support||provided|by Britain Yearly Meeting to the Quaker Housing||Trust has been||
|paid
by Britain Yearly|Meeting||in the year as a reflection||of the Yearly Meeting's
concern||for housing|
|issues
in its corporate|work.||The sum|ofF30,758 (2020:F50,737) has been included||in the Statement||
|of Financial Activities|as donated services and as support||||costs.|||
|FIXEDASSET INVESTMENTS||||||||
||||||2021f||2020f|
|Market Value brought|forward||||19,667||23,934|
|Disposal
in year (proceeds)|||||(52)||(62)|
|Net unrealised
gain
/ (loss)|||||2,975||(4,194)|
|Net realised
gain
/ (loss)|||||8||(11)|
|Market Value carried|forward||||822,598||F19,667|
|Investments
at market value comprised:||||||||
|UK Unit Trusts|||||F22,598||819,667|
|Historical Cost|||||810,879||F10,908|
|DEBTORS||||||||
||||||2021||2020|
|Due within one year:|||||F||6|
|Loans to housing
charities||(Note 11)|||73,508||74,987|
|Other Debtors|||||1,347||2,667|
||||||74,855||77,654|
|Due after one year:||||||||
|Loans to housing
charities||(Note 11)|||404,532||470,348|
||||||F479,387||F548,002|
##
##
##
##
##
|Loans for housing
activit|ies|in 2|021 w|ere to t|he following|charities:||||
|---|---|---|---|---|---|---|---|---|---|
||||||Balance|||Balance||
||||||1 Jan|Advanced|Repaid|31 Dec|Repayable|
|~oi
bdF
d||||Note|2021|In Year
f|In Year|2021f|By|
|General Loan Fund||||||||||
|AEOB House People|||||12,000||2,000|10,000|2026|
|Big Help Project|||||25,000|||25,000|2030|
|Bridgenorth
Housing
Trust|||||14,000||4,000|10,000|2026|
|Calder Valley Community|Land|Trust|||3,800||200|3,600|2040|
|Canopy
Housing Project|||||2,450||2,450|||
|Canopy
Housing Project|||||9,000||1,000|8,000|2029|
|Central
England
AQM|||||16,334||2,334|14,000|2027|
|Coatham
House|||||34,800||3,200|31,600|2032|
|East Cleveland
Youth Housing||Trust|||13,500||1,500|12,000|2029|
|Emmaus
Hastings
& Rother|||||10,667||1,333|9,334|2033|
|Gilead Foundations
Charity|||||9,000||3,000|6,000|2023|
|Giroscope|||||13,339||1,666|11,673|2028|
|Handcrafted
Projects|||||29,750||1,500|28,250|2038|
|Harrogate
FHA|||||2,000||2,000|||
|Harrogate
FHA|||||5,000||5,000|||
|Helmsdale
8 Distdict Development|||Trust||13,000||1,000|12,000|2033|
|Hope into Action: Black Country|||||7,333||1,000|6,333|2027|
|Hope into Action: East of England|||||60,000||4,000|56,000|2035|
|Jericho Foundation|||||14,000||2,000|12,000|2027|
|L.A.T.C.H.|||||39,000||3,250|35,750|2032|
|Manchester
Settlement|||||15,000||16,000||2024|
|Mull and iona Community|Trust||||12,600||2,100|10,500|2026|
|Norfolk and Waveney
AM|||||5,000||2,500|2,500|2022|
|Norman
Almhouses
Charity|||||20,000||2,500|17,500|2029|
|SAHWR|||||10,000||1,000|9,000|2031|
|St Hilda's Almshouses
Trust|||||14,000||2,000|12,000|2027|
|StVincent's
&StGeorge's|Assoc||||1,600|||1,600|2022|
|Stop Gap Supported
Housing||||||21,000||21,000|2032|
|Street Connect|||||16,000||2,000|14,000|2029|
|Street Connect 2|||||15,000||1,000|14,000|2030|
|Sussex Emmaus|||||3,212||3,212|||
|Wensleydale
8 Swaledale|Q Trust||||2,000||2,000|||
|Whitby Area Development|Trust||||9,000||3,000|6,000|2023|
|YMCA Glenrothes|||||10,500||1,500|9,000|2027|
|Restricted
Fund||||||||||
|Audrey Deacon Legacy||||||||||
|Calder Valley Community|Land|Trust|||19,950||1,050|18,900|2040|
|Glendale Gateway Trust|||||49,000||3,500|45,500|2024|
|Powell and Welch Almshouse||Charity|||7,500||2,500|5,000|2023|
|Total Loans|||||f545,335|f21,000|f88,295|f478,040||
|Loans due to be repaid within|one|year|||74,987|||73,508||
|Loans due to repaid after one|year||||470,348|||404,532||
||||||f545,335|||f478,040||
##
##
##
##
##
##
##
|UNRESTRICTED FUNDS||||
|---|---|---|---|
|||Designated||
||General|Grant and|Total|
||Fund|Loan Fund|2021|
||F|||
|Balance at 1 January 2021
Net income/(expenditure)|22,532
15,480|668,649
(35,129)|691,181
(19,649)|
|Transfer between
funds||||
|Balance at 31 December 2021|f38,012|f633,520|F671,532|
|Comparative
information
for the analysis of u|nrestricted
funds
in the pre|vious year is as|follows:|
|---|---|---|---|
|||Designated||
||General|Grant and|Total|
||Fund|Loan Fund|2020|
||F|F|5|
|Balance at 1 January 2020
Net income/(expenditure)
Transfer between
funds|13,508
47,037
(38,013)|732,568
(101,932)
38,013|746,076
(54,895)|
|Balance at 31 December 2020|F22,532|8668,649|5691,181|
##
##
##
##
##
|ENDOWMENT
FUNDS||||||
|---|---|---|---|---|---|
||||||Total|
|||Revaluation||Endowment|2020|
||||E||F|
|Balance at 1 January 2021
Disposal
Revaluation
during the year|||8,759
(23)
2,983|10,908
(29)|19,667
(52)
2,983|
|Balance at 31 December 2021||F11,719||F10,879|F22,598|
|Comparative
information
for the analysis|ofendowment|funds|in the previous year isas||follows:|
||||||Total|
|||Revaluation||Endowment|2020|
||||F|E|E|
|Balance at 1 January 2020
Disposal
Revaluation
during the year|||12,997
(33)
(4,205)|10,937
(29)|23,934
(62)
(4,205)|
|Balance at 31 December 2020|||F8,759|E10,908|F19,667|
##
|RESTRICTEDFUNDS|||
|---|---|---|
||Total|Total|
||2021|2020|
||F.|E|
|Balance at 1 January 2021|89,500|89,500|
|Expenditure|||
|Balance at 31 December 2021|F89,500|F89,500|
##
##
|ANALYSISOFNETASSETS B|YFUNDS||||
|---|---|---|---|---|
||||Other Net||
|2021|Investments
E|Loans|Assets
F|Total
F|
|Unrestricted
Funds:
General
Fund
Designated
Funds||408,640|38,012
224,880|38,012
633,520|
|Restricted
Funds
Audrey Deacon Legacy||69,400|20,100|89,500|
|Endowment
Funds|22,598|||22,598|
|At 31 December 2021|E22,598|F478,040|E282,992|F783,630|
##
##
##
##
|Comparativ|e
information
for the|analysis of net assets|by funds
in the pr|evious year is as|follows:|
|---|---|---|---|---|---|
|||||Other Net||
|2020||Investments|Loans|Assets|Total|
||||F|F||
|Unrestricted|Funds:|||||
|General|Fund|||22,532|22,532|
|Designated
Funds|||468,885|199,764|668,649|
|Restricted|Funds|||||
|Audrey Deacon Legacy|||76,450|13,050|89,500|
|Endowment|Funds|19,667|||19,667|
|At 31 December 2020||E19,667|F545,335|6235,346|F800,348|
##
|the Council|of Man|age|ment
but h|ave not bee|n paid or accru|ed for in the Fi|nancial Stateme|nts.|
|---|---|---|---|---|---|---|---|---|
||||||Loans|Grants|2021|2020|
||||||||F|F|
|Arisaig Community||Trust||||20,000|20,000|20,000|
|Assist Sheffield||||||6,000|6,000|6,000|
|BOAZ Trust||||||12,875|12,875||
|Ella's Home||||||||8,000|
|Handcrafted|Projects|||||||5,000|
|Rural Urban|Synthesis||Society|||||4,100|
|Staffin Community||Trust||||||20,000|
|Strathglass|and Affric||Community|Group||10,000|10,000|10,000|
||||||FNil|F48,875|848,875|873,100|