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2021-12-31-accounts

2020
FIXEDASSETS E E
Premises at cost less grants 163,722 163,722
Minibus at cost 21,350 21,350
Less accumulated depreciation ~18 63 ~17234
3,087 4,116
Furniture
&equipment
at cost 31,336 31,336
Furniture
&Equipment
Depredation 3~1336 ~31336
Investments
at market
value (Note 2) ~361202 ~141872
Total Fixed Assets 528,011 309,710
CURRENT ASSETS
Sundry debtors and prepayments 1,276 1,080
COIF Deposit accounts 1,258 1,258
Nat-West current account 6,761 4,463
Cash in hand 304 326
9599 7,127
LESSCURRENT LIABILITIES
Covtd 19Grant less expenditure 1,535 ~1696
Accruals 576
~7488 ~5432
TOTAL NET ASSETS ~535500 ~35142
FUNDS General Funds 477,577 276,242
Restricted Funds (Notes 2&8) ~57943 ~38900
TOTAL FUNDS, per page1 ~535500 ~315142
and the C
onstitution
ofMarlow Age Concern.
2. There are two restricted
funds, Phoenix Fund and
Minibus Replacement Fund. The Phoenix Fund originally arose from
a legacy left specifically tothe Phoenix group, section ofthe Charity to which has been added or deducted the
operational annual surpluses or deficits. This fund now amonts to E7,511.The Minibus Replacement fund which includes
an addition of E 10,000agocated to it from the legacy received in the year now amounts toE50522
3. The costofAdministration,
Ad Hoc payments
and
Office Expenses in the General Fund is considered as being 95%
related to the direct running ofthe day centre and 5%tothe general administration ofthe charity.
4. No amounts
have been paid to any trustee or related person during the
year, other than as reimbursements for
purchases made by them on behalf ofthe charity.
5. Investments
and Deposits
The cost and market values ofthe COIF Charities Investment Funds were as follows:
Minibus General
Fund Funds TOTAL
F. E E
Cost in 1994and subsequent
movements
to2020
33,719 108,153 141,872
Net Withdrawls
and Additions
2021
10,000 177,500 187,500
Interest Received 0
Sub total
being book values
at 31/12/21 43,719 285,653 329,372
Increase In Market Values at 31/12/2021 6802 $558 ~830
Market Value at 31/12/21 ~50521 ~310 681 ~361202
Market Value Gain at 31/12/2020 10 185 ~10185
INCOME & EXPENDITURE INCOME & EXPENDITURE 2020
FUNDS TOTAL TOTAL
General Restricted
INCOME E E E E
Receipts from users of services 3,372 240 3,612 5,536
Donauons 3,154 0 3,154 7,266
Legacies 190,000 10,000 200,000 0
Fund raising activities (net) Note 3 60 60 1,090
Interest and Dividends Receivable 1 1 96
Councilgrants TOTAL INCOME 0
~87
10240 0
~206827
0
~3988
EXPENDITURE
Catering 1,015 1,018 1,791
Premises-Malntence, services, insurance 5,584 S,SS4
Admin &Ad Hoc Payments 8,185 8,185 9,637
Office Expenses, etc.,(Note4) 904 904 890
Guest Activities
Physio/
Exercises/ Outings
0 0 0 240
Minibus Operating
Costs
1,345 192 1,537 1,818
Depreciation
on minibus, equipment
&fixtures 900 129 1,029 1,372
Garden Refurbishment TOTAL EXPENDITURE 40
~1797
Q
324
40
~97
?ILS
~17
17,975
NET SURPLUS (DEFICIT) FOR THE YEAR 178,614 9,916 188,530 (7,586)
Increase/(Reduction)
In
Market Values of Investments 25,027 6,801 31,828 10,185
NET MOVEMENT
IN FUNDS
203,642 16,717 220,358 2,599
Fund Balances brought forward from Prior Years 273,916 41,226 315,142 312,543
Inteerest
Earned 2020
TOTAL FUNDS AT31DECEMBER 2021
477 558 ~943 535 ~42