| Trustees | Mr C Voisey | |
|---|---|---|
| Mrs AWidger | ||
| Mrs AS Bishop | ||
| Mrs B Gill | ||
| Ms L Ellis | ||
| Mr RA Bishop | ||
| Dr KPorkess | ||
| Secretary | Mrs AS Bishop |
|
| Charity number | 288402 | |
| Company | number | 01743492 |
| Registered | office | 30 Fore Street |
| Totnes | ||
| Devon | ||
| TQ9 5RP | ||
| Auditor | Darnells Audit Limited | |
| Quay House | ||
| Quay Road | ||
| Newton Abbot | ||
| Devon | ||
| TQ12 2BU | ||
| Bankers | Lloyds TSB | |
| 65/67 Fore Street | ||
| King sbridge | ||
| Devon | ||
| TQ7 1PN | ||
| Solicitors | Beers | |
| 29 Fore Street | ||
| Kingsbndge | ||
| Devon | ||
| TQ7 1AA |
| Page | ||
|---|---|---|
| Trustees' report |
1-5 | |
| Independent auditor's |
report | 6-6 |
| Statement offinancial |
activities | |
| Balance sheet | 10 | |
| Notes to the financial | statements | 11-18 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Notes | 2021 | 2021 F |
2020 E |
2020f | 2020 | ||
| Income from: Charitable activities Investments Other income |
258,573 19 7,169 |
258,573 19 7,169 |
297,366 1,100 6,170 |
297,366 1,100 6,170 |
|||
| Total income | 265,761 | 265 761 | 304636 | 304,636 | |||
| Expenditure on: Charitable activities |
5 | 194,422 | 194,422 | 233,803 | 233,803 | ||
| Net income for the year/ Net movement in funds |
71,339 | 71,339 | 70,833 | 70,833 | |||
| Fund balances at 1 April 2020 |
2,719,391 | 35,530 | 2,754,921 | 2,648,558 | 35,530 | 2,684,088 | |
| Fund balances at 31 March 2021 |
2,790,730 | 35,530 | 2,826,260 | 2,719,391 | 35,530 | 2,754,921 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Fixed assets | |||||
| Tangible assets | 3,428,005 | 3,360,890 | |||
| Current assets | |||||
| Debtors Cash at bank and in |
hand | 10 | 17,292 258,668 |
19,194 288,196 |
|
| Creditors: amounts | falling due within | 275,960 | 307,390 | ||
| one year | 12 | (66,897) | (65,201) | ||
| Net current assets | 209,063 | 242,189 | |||
| Total assets less current liabilities | 3,637,068 | 3,603,079 | |||
| Creditors: amounts | falling due after | ||||
| more than one year | 13 | (810,808) | (848,158) | ||
| Net assets | 2,826,260 | 2,754,921 | |||
| Income funds | |||||
| Restricted funds Unrestricted funds |
14 | 35,530 2,790,730 |
35,530 2,719,391 |
||
| 2,826,260 | 2,754,921 |
| their usefu | l lives on the following bas | es: |
|---|---|---|
| Freehold | land and buildings | 1%on cost of buildings |
| Leasehold | land and buildings | straight line over period oflease |
| Plant and | equipment | 10%on cost |
| Fixtures and fittings | 10%on cost |
| Unrestricted | unrestncted |
|---|---|
| funds | funds |
| Provision of | Provision of |
| safe & | safe & |
| secure | secure |
| residential | residential |
| housing | housing |
| 2021 | 2020 |
| f | |
| 258,573 | 297,366 |
| Unrestncted | Unrestncted | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2020 | ||
| E | |||
| Bank | interest receivable | 19 | 1,100 |
| Other | income | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2021f | 2020 | ||
| Feed | in tariff | 7,169 | 6,170 |
| 5 | Charitable expenditure |
||
|---|---|---|---|
| Advancement ofsafe and secure residential difficulties |
housing for adults | with learning |
| 2021 | 2020 | ||
|---|---|---|---|
| E | |||
| Depreciation and impairment Repairs and maintenance Insurance Garden expenses Council tax Rent Service charges and ground Bank loan interest Legal and professional fees |
rent | 25,421 98,935 8,856 6,415 1,409 1,099 42,835 |
40,594 112,959 9,158 6,265 965 5,698 2,061 44,656 660 |
| utilities | 1,089 | 2,044 | |
| 186,059 | 225,060 | ||
| Share ofsupport costs (see note 6) Share ofgovernance costs (see note 6) |
1,959 6,404 |
1,848 6,895 |
|
| 194,422 | 233,803 |
| 6 | Support costs | Support costs E |
Governance costs f |
2021 | Support costs F |
Governance costs f |
2020 | |
|---|---|---|---|---|---|---|---|---|
| Bank charges Sundries |
197 262 |
197 262 |
206 142 |
206 142 |
||||
| Donations | 1,500 | 1,500 | 1,500 | 1,500 | ||||
| Auditor's fees - scrutiny |
external | 3,300 | 3,300 | 3,300 | 3,300 | |||
| Auditor's fees - services |
other | 2,954 | 2,954 | 2,970 | 2,970 | |||
| Trustee travel and expenses |
150 | 150 | 521 | 521 | ||||
| Annual General costs |
Meeting | 104 | 104 | |||||
| 1,959 | 6,404 | 8,363 | 1,848 | 6,895 | 8,743 | |||
| Analysed between Charitable activities |
1,959 | 6,404 | 8,363 | 1,848 | 6,895 | 8,743 |
| 9 | Tangible fixed assets | Tangible fixed assets | Tangible fixed assets | |||||
|---|---|---|---|---|---|---|---|---|
| Freehold land | Leasehold | Plant and | Fixtures and | Total | ||||
| and buildings | land and | equipment | fittings | |||||
| buildings | ||||||||
| Cost | ||||||||
| At 1 April 2020 | 2,969,193 | 488,242 | 53,482 | 125,079 | 3,635,996 | |||
| Additions | 76,358 | 16,179 | 92,537 | |||||
| At 31 March | 2021 | 3,045,551 | 488,242 | 53,482 | 141,258 | 3,728,533 | ||
| Depreciation | and impairment | |||||||
| At 1 April 2020 | 107,207 | 26,077 | 42,784 | 99,039 | 275,107 | |||
| Depreciation | charged | in the year | 10,391 | 2,381 | 5,348 | 7,301 | 25,421 | |
| At 31 March | 2021 | 117,598 | 28,458 | 48,132 | 106,340 | 300,528 | ||
| Carrying amount |
||||||||
| At 31 March | 2021 | 2,927,953 | 459,784 | 5,350 | 34,918 | 3,428,005 | ||
| At 31 March | 2020 | 2,861,986 | 462,165 | 10,699 | 26,040 | 3,360,890 |
| Debtors | |||||
|---|---|---|---|---|---|
| Amounts | falling | due within one year: | 2021f | 2020 | |
| Trade debtors | 20 | 20 | |||
| Prepayments | and | accrued income | 17,272 | 19,174 | |
| 17,292 | 19,194 | ||||
| Loans and overdrafts | |||||
| 2021 | 2020 | ||||
| E | F | ||||
| Bank loans | 848,728 | 884,871 | |||
| Payable | within | one year | 37,920 | 36,713 | |
| Payable | after | one | year | 810,808 | 848,158 |
| Amounts | included | above which fall due after five years: | |||
| Payable | by instalments | 638,779 | 682,286 |
| 12 | Creditors: amounts | falling due within one year | |||
|---|---|---|---|---|---|
| Notes | 2021f | 2020 E |
|||
| Bank loans | 37,920 | 36,713 | |||
| Trade creditors | 3,334 | 14,208 | |||
| Accruals and deferred | income | 25,643 | 14,280 | ||
| 66,897 | 65,201 | ||||
| 13 | Creditors: amounts | falling due after more than one year | |||
| 2021 | 2020 | ||||
| Notes | E | ||||
| Bank loans | 810,808 | 848,158 |
| Movement | Movement | ||||||
|---|---|---|---|---|---|---|---|
| in funds | in funds | ||||||
| Balance at | Incoming | Balance at | Incoming | Balance at | |||
| 1 | April 2019 | resources | 1 April 2020 | resources | 31Ilarch 2021 | ||
| E | |||||||
| Restricted | legacy | 35,530 | 35,530 | 35,530 |
| 15 | Analysis ofnet assets | between funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
| funds | funds | funds | funds | |||||
| 2021 | 2021 | 2021 | 2020 | 2020 | 2020 | |||
| E | F | E | ' | |||||
| Fund balances at 31 | ||||||||
| March 2021 are | ||||||||
| represented by: |
||||||||
| Tangible assets | 3,428,005 | 3,428,005 | 3,360,890 | 3,360,890 | ||||
| Current assets/ | ||||||||
| (liabilities) | 173,533 | 35,530 | 209,063 | 206,659 | 35,530 | 242,189 | ||
| Long term liabilities | (810,808) | (810,808) | (848,158) | (848,158) | ||||
| 2,790,730 | 35,530 | 2,826,260 | 2,719,391 | 35,530 | 2,754,921 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Income from: | f | |||||||
| Charitable activities |
||||||||
| Rental income | 258,573 | 297,366 | ||||||
| Investment income |
||||||||
| Bank interest receivable | 1,100 | |||||||
| Other income | ||||||||
| Feed in tariff | 7,169 | 6,170 | ||||||
| Total income | 265,761 | 304,636 | ||||||
| Resources expended: | ||||||||
| Charitable activities |
||||||||
| Provision ofsafe &secure | residential | housing | ||||||
| Freehold and leasehold property depreciation Plant and machinery depreciation Fixtures and fittings depreciation Impairment losses Repairs and maintenance Insurance Garden expenses Council tax Rent for Waterside and Hurrell Court Service charges and ground rents Bank loan interest Legal and professional fees Utilities Share ofsupport costs Share ofgovernance costs |
12,256 5,864 7,301 98,935 8,856 6,415 1,409 1,099 42,835 1,089 1,959 6,404 |
12,516 5,347 12,508 10,223 112,959 9,158 6,265 965 5,698 2,061 44,656 660 2,044 1,848 6,895 |
||||||
| (194,422) | (233,803) | |||||||
| Net movement in funds |
71,339 | 70„833 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Supportcosts Bank charges Sundries Donations |
197 262 1,500 |
206 142 1,500 |
|||
| 1,959 | 1,848 | ||||
| Governance costs Auditor's fees -external scrutiny Auditors's fees - other services Trustee travel and expenses Annual General Meeting costs |
3,300 2,954 150 |
3,300 2,970 521 104 |
|||
| 6,404 | 6,895 | ||||
| 8,363 | 8,743 |