## ## |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|