2020-10-31-accounts

		Page
Report ofthe Trustees		1 to2
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial	Statements	6to 11
Detailed Statement ofFinancial Activities		12

Registered Charity numb 291163	Registered Charity numb 291163
Principal address
49 Darby Road
Beccles
Suffolk
NR34 9XX
Trustees
Mr F L Taylor	Chairman
Mrs M Rudd
Mr P Armstrong
Mrs W SRodgers
Mrs G Armstrong
Mr P Ashdown
Independent	examiner
Deborah Dyer	FCCA
5 Monckton Avenue
Lowestoft
Suffolk
NR32 3EG
Secretary
Mrs C Boyne
49 Darby Road
Beccles
Suffolk
NR34 9XX

for the Year Ended 31 Oct	ober 2020
						31.10.20	3].10.19
				Unrestricted	Restricted	Total funds	Total funds
				funds	funds
			Not
			es
INCOMING RESOURCES
Incoming resources from	charitable	activities
Weekly maintenance contributions				51,151		51,151	50,259
RESOURCES EXPENDED
Charitable activities
Resources expended				29,596	4,076	33,672	32,464
Governance costs				6,298		6,298	5,708
Total resources expended				35,894	4,076	39,970	38,172
NET INCOMING RESOURCES BEFORE
TRANSFERS				15,257	(4,076)	11,181	12,087
Gross transfers between	funds		10	~14,331)	14,531
Net incoming/(outgoing)	for the year	before
other recognised gains and losses				726	10,455	11,181	12,087
Realised gains/(losses) on	fixed asset			237	(23,922)	(23,685)	39,240
investments
Net income/(expenditure)				963	(13,467)	(12,504)	51,327
RECONCILIATION OF FUNDS
Total funds brought forward				130,041	758,386	901,894	850,567
TOTAL FUNDS CARRIED FORWARD				131,004	785,320	889,390	901,894

Balance Sheet
At 31October 2020
			31.10.20	31.10.19
		Not
		es
FIXEDASSETS
Tangible assets			739,092	739,136
CURRENT ASSETS
Debtors				559
Investments			426,906	431,]36
Cash at bank and in	hand		14333	21,211
			441,239	452,906
CREDITORS
Amounts falling due	within one year		(2,244)	(1,451)
NET CURRENT ASSETS			438,995	451,455
TOTAL ASSETSLESSCURRENT
LIABILITIES			1,178,087	1,190,591
CREDITORS
Amounts falling due	after more than one year	8	(288,697)	(288,697)
NET ASSETS			809,390	901 894
FUNDS		10
Unrestricted funds:
General fund I			92,138	100,412
Cyclical fund			38,866	29,629
			131,004	130,041
Restricted funds:
Capital recoupment ERF	fund 2		212,711 175,329	227,858 173,649
Grant received from	Corton poor's land trust		370,346	370,346
			758,386	771,853
TOTAL FUNDS			889,390	901,894

STAFF COS	TS
					31.10.20	31.10.19
Wages and salaries					19,201	18,744
The average monthly		number ofemployees		during the year was as follows:
					31.10.20	31.10.19
Wardens					1	1
No employees	received emoluments		in excess off60,000.
TANGIBLE	FIXED	ASSETS

TANGIBLE FIXEDAS	SETS
	New	Cottage		Fixtures and
	Almshouses	homes	Cottage	fittings	Totals
		improvements	homes
COST
At 1 November 2019	365,437	97,359	276,051	7,243
Additions					746,090
At 31October 2020	365,437	97,359	276,051	7,243	746,090
DEPRECIATION
At 1 November 2019				6,955	6,955
Charge for year				43	43
At 31 October 2020				6,998	6,998
NET BOOK VALUE
At 31 October 2020	365,437	97,359	276,051	245	739,092
At 31 October 2019	365,437	97,359	276,051	288	739,135
DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				31.10.20	31.10.19
Other debtors					559

		2020
Valuation	I November 2019	431,136
Additions		19,454
Disposals Revaluations		~23,684)
Valuation	31 October 2020	426,906

					Cost	Market Value	Income
							Received
Cyclical Repair Fund					37,379	38,866
Extraordinary	Repair Fund
Charities	Official investment		Fund		31,343	131,325
Charifund	(M&G)				35,473	44,004
Capital Recoupment Fund
Charities	Official Investment		Fund		22,952	129,157
Charifund	(M&G)				9,404	50,907
Charities	Deposit fund				6,500	6,500
Charifund	Units (M&G)				27,074	26,147
Total Investments					170,125	426,906
Gains /(losses) on investment		assets
				2020		2019
Cyclical Fund
Cyclical	National Savings		Fund	237		131
					237		131
Extraordinary	Repair Fund
Charities Charifund	Official investment (M&G)		Fund	6,316 ~12,636)		13,789 4,590
					(6,320)		18,379
Capital Recoupment Fund
Charities	official investment		Fund	6,502		14,383
Charifund Charifund	(M&G) units (M&G)			(14,629) ~9,476 )		5,266 1,080
					~17,602)		20,729
					~23,683)		39,239

CREDITORS: AMOUNTS FALLING DUE	WITH	IN ONE	YEAR
				31.10.20	31.10.19
Accruals and deferred income				2,244	1,451
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				31.10.20	31.10.19
Other creditors				288,697	288,697
ANALYSIS OF NET ASSETSBETWEEN FUNDS
				31.10.20	31.10.19
	Unrestricted		Restricted	Total funds	Total funds
		funds	funds
Fixed assets		80,049	659,043	739,092	739,136
Current assets		53,199	388,040	441,239	452,906
Current liabilities Long term liabilities		(2,244)	~288,697)	(2,244) ~288,697)	(1,451) (288,697)
	131,004		758,386	889,390	901,894
MOVEMENT IN FUNDS
			Net movement	Transfers
	At	1.11.19	in funds	between funds	At 31.10.20
Unrestricted funds
General fund 1 Cyclical fund		100,412 29,629	20,826 ~5,332)	(29,100) 14,569	92,138 38,866
		130,041	15,494	(14,531)	131,004
Restricted funds
Capital recoupment fund 2 ERF	227,858 173,649		(17,602) (10,396)	2,455 12,076	212,711 175,329
Grant received from Corton poor's land trust	370,346				370,346
	771,853		(27,998)	14,531	758,386
TOTAL FUNDS	901,894		~12,604)		889,390

			Incoming	Resources	Gains and	Movement in
			resources	expended	losses	funds
Unrestricted	funds
General fund	I		51,151	(30,325)		20,826
Cyclical fund				~5,569)	237	~5,332)
			51,151	(35,894)	237	15,494
Restricted funds
Capital recoupment		fund 2			(17,602)	(17,602)
ERF				~4,076)	~6,320)	~)0,396)
				(4,076)	(23,922)	(27,998)
TOTAL FUNDS			51,151	~39,970)	~23,685)	(12,564)

Corton Almshouse Chari	Corton Almshouse Chari
Detailed Statement ofFinancial Activities
for the Year Ended 31October 2020
		31.10.20	31.10.19
INCOMING RESOURCES
Incoming resources from charitable Weekly maintenance contributions Guest room income	activities	51,191 ~40)	50,132 127
		51,151	50,259
Total incoming resources		51,151	50,259
RESOURCES EXPENDED
Charitable activities
Wardens salary Repairs &maintenance Donations		15,001 14,501 40	14,976 13,129
Insurance		1,147	1,176
Gardening WDC warden call		2,237 703	2,432 700
Depreciation		43	51
		33,672	32,464
Governance costs
Secretary's remuneration Subscriptions &course fees Accountancy Telephone &postage General &travelling		4,200 280 1,179 529 110	3,768 270 993 523 154
		6,298	5,708
Total resources expended		39,970	38,172
Net income before gains and losses		11,181	12,087
Realised recognised gains and losses Realised gains/(losses) on fixed asset	investments	(23,685)	39,240
Net income		Ll2,504)	51,327