|||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||
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|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|
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|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|
##
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|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|