2021-12-31-accounts - Plumstead Almshouses

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Plumstead Almshouses Income and Expenditure for the year ended 31 Dec	ember 2021
			Total	Last Year
			Funds	Total Funds
			Unrestricted	Unrestricted
		Notes	2021	2020
Incoming resources
Maintenance contributions			73,360	76,331
Investment income			37,287	54,438
Total incoming resources			110,647	130,769
Costs ofcharitable activities			94,276	91,022
Governance costs			1,080	1,080
Total resources expended			95,356	92,102
Net incoming resources			15,291	38,667
Other recognised gains and losses
Gains/(losses) on investment	assets		112,152	(13,085)
Net movement in funds			127,443	25,582
Reconciliation offunds
Total funds brought forward			1,257,101	1,231,519
Total funds carried forward			1,384,544	1,257,101

for the year ended 31 D	ecem	be	r 2021
					2021	2020
Excess of income over expenditure			before realisation	ofassets	127,443	25,582
Net movement in funds					127,443	25,582
Ilovements in Revenue	and	Capital Funds
for the year ended 31 December 2021
Revenue accumulated	funds				Total	Last year
					Funds	Total Funds
					Unrestricted	Unrestricted
					2021	2020
					r.	E
Accumulated funds brought	forward				1,257,101	1,231,519
Recognised gains and losses					127,443	25,582
Closing revenue accumulated		funds			1,384,544	1,257,101

Plumstead Almsho Balance Sheet as at 31 December	uses 2021
		Notes		2021		2020
				E
Current assets
Debtors		5	1,191		1,162
Current asset investments		6	1,294,717		1,182,808
Cash at bank and in	hand		88,636		73,131
Total current assets			1,384,544		1,257,101
Creditors:-
Net current assets				1,384,544		1,257,101
Total assets less current liabilities				1,384,544		1,257,101
Net assets				1,384,544		1,257,101
The funds ofthe charity: Unrestricted revenue accumulated		funds	1,134,544		1,007,101
Unrestricted capital funds Designated funds Total unrestricted funds			250,000	1,384,544	250,000	1,257,101
Total charity funds				1,384,544		1,257,101

				2021	2020f
2	Revenue from ordinary activities			73,360	76,331
	and before charging:- Independent Examiner's Fees			1,080	1,080
3	Income from Investments			2021	2020
	Income from listed current	asset investments		37,524	39,398
	Proceeds from investment Other bank deposit interest	purchases received	and sales	(244) 7 37,287	15025 15 54,438

r t	he year ended 31December 2021
5	Debtors	2021f	2020f
	Prepaid expenses	1,191	1,162
6	Investments held as current assets	2021	2020
	Listed investments	1,294,717	1,182,808

Particulars of Individual Fu	nds and analysis of	assets and liab	ilities repres	enti	ng funds
At 31 December 2021	Unrestricted funds	Designated funds	Restricted funds		Total Funds
		F				F
Current Assets	1,134,544 1,134,544	250,000 250,000			1,384,544 1,384,544
At 1January 2021	Unrestricted funds	Designated funds	Restricted funds		Total Funds
	s			F
Current Assets	1,007,101 1,007,101	250,000 250,000			1,257, 1,257,	101 101

				2021	2020
Income from Investments
Income from listed current asset investments				37,524	39,398
Proceeds from investment purchases			and sales	(244)	15,025
Other bank deposit interest received				7	15
Total Investment Income				37,287	54,438
Costs ofgenerating	funds
Premises Costs
Rates, water and service charges				156
Insurance				2,350	2,402
Light and heat				5,052	5,022
Premises improvements				51,701	52,508
Premises repairs and renewals				7,989	10,880
Garden maintenance				2,180	1,082
				69,428	71,894
General administrative	expenses:
Subscriptions				309	250
Administration costs				24,443	18,813
Bank charges				96	65
				24,848	19,128
Total Expended on	Charitable	Activities		94,276	91,022

Governance costs that are not direct management	Governance costs that are not direct management	functionsinherentin	generating
funds, service delivery and programme	orproject	work
Specific governance costs Independent Examiner's Fees			1,080	1,080
Total governance costs			1,080	1,080