#
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|The|Trustees|at the date of this report and holding|office during the year were:|
|---|---|---|---|
|||Mr David V Brown|Chairman|
|||Mrs Jacqueline
C Brown||
|||Cllr John Haywood|Town Council Representative|
|||Cllr Jeremy
D Heron|Treasurer —Town Council Representative|
|||Mr Keith P Jones||
|||Miss Jan Pankhurst||
|||Cllr W Steven Rippon-Swaine|Town Council Representative|
|||Mr John A R Smith||
|||Rev Matthew
Trick|Ex-officio|
|||Mrs Lynda
A Wickens||
##
##
##
##
##
##
##
|RESTRICTED FUNDS|||||||
|---|---|---|---|---|---|---|
|INCOMING
RESOURCES||ALEXANDER JAMES|||||
|||MAIN|MEMORIAL|POOLS|TOTAL FUNDS||
||Notes|FUND|TRUST FUND|FUND|2021|2020|
|Income and endowmentsfrom:||E|E|E|E||
|Charitable
Activities|4(a)|32,642|0|0|32,642|30,042|
|Investment
income|4(b)|2,505|1,881|126|4,512|4,715|
|Total income and endowments||35,147|1,881|126|37,154|34,757|
|RESOURCES EXPENDED|||||||
|Expenditure
on:|||||||
|Charitable
Distributions|5(a)||||||
|Cost of Charitable
Activities:|||||||
|Upkeep
ofthe Almshouses|5(b)|30,898||0|30,898|62,742|
|Administration|5(c)|4,979|||4,979|3,767|
|Professional
Fees|5(cI)|1,650|||1,650|2,675|
|Total expenditure||37,527||0|37,527|69,499|
|Net income before gains/|(losses)|(2,380)|1,881|126|(373)|(34,742)|
|Unrealised
revaluation
gains|/ (losses):||||||
|Investments|6|97,718|(920)|734|97,532|(2,094)|
|Almshouses|||0|0|||
|NET MOVEMENT
IN FUNDS||95,338|961|860|97,159|(36,836)|
|Balances at 1 April 2020||1,788,288|56,372|3,941|1,848,601|1,885,437|
|BALANCES AT 31 MARCH 2021||1,883,626|57,333|4,801|1,945,760|1,848,601|
|||BALANCE|SHEET AS AT 31 MARCH|SHEET AS AT 31 MARCH|2021||||
|---|---|---|---|---|---|---|---|---|
|RESTRICTED FUNDS|||ALEXANDER JAMES||||||
||||MAIN|MEMORIAL|POOR'S|TOTAL||FUNDS|
|FIXEDASSETS||Notes|FUND|TRUST FUND|FUND|2021||2020|
||||L'|E|||||
|Almshouses
Quomp|Ringwood|1(c)and2|1,178,000|0|0|1,178000|1,178000||
|Investments||1(c)and 6|518,331|39,129|4,285|561,745||455,855|
|TOTAL FIXEDASSETS|||1,696,331|39,129|4,285|1,739,745|1,633,855||
|CURRENT ASSETS|||||||||
|Debtors and prepayments|||1,870|5,712||7,582||5,870|
|Bank Balances:|||||||||
|National
Westminster|Bank PLC||||||||
|Current account|||34,836|9,587|516|44,939||49,428|
|Reserve account|||0|2 905|0|2 905||2 905|
|COIF Deposit
Fund|||159,552|0|0|159,552||159,363|
||||194,388|12,492|516|207,396||211,696|
|Total current assets|||196,258|18,204|516|214,978||217,566|
|LIABILITIES|||||||||
|Creditors
(falling due|within one|year)|(8,963)|||(8,963)||(2,820)|
|NET CURRENT ASSETS|||187,295|18,204|516|206,015||214,746|
|TOTAL ASSETS|||1,883,626|57,333|4,801|1,945,760|1,848,601||
|Represented
by|||||||||
|RESTRICTED FUNDS|||1,883,626|57,333|4,801|1,945,760|1,848,601||
##
##
##
##
##
##
##
##
|||NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|STATEMENTS|STATEMENTS|STATEMENTS||||
|---|---|---|---|---|---|---|---|---|---|---|
||||YEAR ENDED 31|MARCH 2021|||||||
|RESTRICTED FUNDS|||||||||||
|Charitable
Activities|||ALEXANDER JAMES||||||||
|||||MEMORIAL|||POOLS|TOTAL|FUNDS||
|4(a) CHARITABLE ACTIVITIES|||MAIN FUND|TRUST||FUND|FUND|2021|2020||
||||E|||||E||2|
|Alms persons|||32,642|||0||32,642|30,042||
|Miscellaneous|||||||||||
||||32,642|||||32,642|30,042||
|4(b) INVESTMENT INCOME|||||||||||
|Charinco
Common
Investment||Fund|||||||||
|20902.59
Income units|||0|||0|||1,254||
|BLK Charites
UK Bond Fund||A|0||1,881|||1,881||70|
|COIF Charities
Investment
Fund|||||||||||
|4129
Income units|- Clark||2,162|||0|0|2,162|2,|119|
|213
Income units|- Clark|||||0|112|112||110|
|387
Income units|- Repairs||203|||||203||199|
|22
Income units|- Baldw in||||||12|12|||
|17
Income units|- Burch||||||||||
|4
Income units|—Thaine||||||||||
|2070.09 Accumulation|units (ERF)||||||||||
|39.93 Acquired 04.02.21 E8,358|||||||||||
|2110.02|||||||||||
|COIF Deposit
Interest|||131|||||131||942|
|Bank Interest|||0|||0|||||
||||2,505||1,881||126|4,512|4,715||
##
##
|EXPENDITURE ON|||ALEXANDER JAMES|ALEXANDER JAMES|ALEXANDER JAMES|||
|---|---|---|---|---|---|---|---|
|||MAIN||MEMORIAL|POOR'S|TOTAL|FUNDS|
|||FUND||TRUST FUND|FUND|2021|2020|
||||2||2|E||
|5(a) CHARITABLE DISTRIBUTIONS|||0|0||0|315|
|5(b) COST OF CHARITABLE ACTIVITIES||||||||
|Upkeep
ofAlmshouses:||||||||
|Refurbish
Flat 15|||0|||0|45,594|
|Asbestos
removal|||0|||0|1,194|
|Plumbing|||825|||825|2,336|
|Electrical|||696|||696|687|
|Miscellaneous
repairs|(inc gas safety)|2,019||||2,019|1,660|
|Chimney
repairs||9,763||||9,763|0|
|Security systems||2,078||||2,078|0|
|Water tank||11,478||||11,478|0|
|Land survey|||||||4,830|
|Care alarm|||||||555|
|Insurance||1,455||||1,455|1,639|
|Gardening
& picnic table|||620|||620|180|
|Water||1,910||||1,910|2,090|
|Council tax|||54|||54||
|Utilities etc
—void period|Flat 15||||||1,977|
|||30,898|||0|30,898|62,742|
|5(c) ADMINISTRATION||||||||
|Almshouses
Association|||282|||282|279|
|Clerk's salary||3,405||||3,405|2,075|
|Computer|||85|||85|1,017|
|Miscellaneous
(including|room hire)|1,207||||1,207|396|
|||4,979||||4,979|3,767|
|5(d) PROFESSIONAL FEES||||||||
|Sheerin Bettle|||||||1,275|
|Accountancy|||630|||630|500|
|Independent
examination||1,020||||1,020|900|
|Property
revaluation||||||||
|||1,650||||1,650|2,675|
|RESTRICTED||FUNDS||||ALEXANDER JAMES|ALEXANDER JAMES|ALEXANDER JAMES||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||MAIN|MEMORIAL|POOLS|TOTAL|FUNDS||
|6 INVESTMENTS||||||FUND|TRUST FUND|FUND|2021|2020||
|||||||||E|L||E|
|Alexander
James Memorial||||Trust Fund||||||||
|BLK Charities|UK Bond||Fund|A|(income units)|||||||
|(formerly
Charinco||Common|Investment||Fund - income|units)||||||
|1 April 2020||||||0|40,049|0|40,049|39,673||
|Unrealised
(loss) / gain|||for the|year||0|(920)|0|(920)||376|
|Valuation
at 31 March|||2021|||0|39,129|0|39,129|40,049||
|Clarks Fund||||||||||||
|COIF Charities||Investment
Fund|||(incorre units)|||||||
|1 April 2020||||||61,342|0|3,165|64,507|66,616||
|Unrealised
gain||for the year||||12,676|0|654|13,330|(2,109)||
|Valuation
at 31 March|||2021|||74,018|0|3,819|77,837|64,50?||
|Repairs Fund||||||||||||
|COIF Charities||Investment
Fund|||(income units)|||||||
|1 April 2020||||||5,749|||5,749|5,936||
|Unrealised
gain||for the year||||1;188|||1,188|(187)||
|Valuation
at 31 March|||2021|||6,937|||6,937|5,749||
|Baldwin
Fund||||||||||||
|COIF Charities||Investment
Fund|||(income units)|||||||
|1 April 2020|||||||0|327|327||337|
|Unrealised
gain||for the year|||||0|67|67||(10)|
|Valuation
at 31 March|||2021||||0|394|394||327|
|Burch Fund||||||||||||
|COIF Charities||Investment
Fund|||(income units)|||||||
|1 April 2020||||||253|||253||260|
|Unrealised
gain||for the year||||52|||52||(7)|
|Valuation
at 31 March|||2021|||305|||305|253||
|Thaine
Fund||||||||||||
|COIF Charities||Investment
Fund|||(income units)|||||||
|1 April 2020||||||||59|59||60|
|Unrealised
gain||for the year||||||13|13||(1)|
|Valuation
at 31 March|||2021|||||72|72||59|
|Extraordinary||Repair Fund||||||||||
|COIF Charities||Investment
Fund|||(accumulation|units)||||||
|1 April 2020||||||344,911|0|0|344,911|345,067||
|Investment
during
the year||||||8,358|0|0|8 358||0|
|Unrealised
gain||for the year||||83,802|0|0|83,802|(156)||
|Valuation
at 31 March|||2021|||437,071|0|0|437,071|344,911||
|Total at Valuation||||||518,331|39,129|4,285|561,745|455,855||
|Total unrealised
gains|||/ (losses)|||97,718|(920)|734|97,532|(2,094)||
##
##
|RESTRICTED|RESTRICTED|FUNDS|FUNDS|FUNDS||ALEXANDER JAMES|ALEXANDER JAMES|ALEXANDER JAMES|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||MAIN|MEMORIAL|POOR'S|TOTAL|FUNDS|
|7 ACCUMULATED||||FUNDS||FUND|TRUST FUND|FUND|2021|2020|
||||||||L'|E||E|
|Endowment|Funds:||||||||||
|Alexander James|||Memorial||Trust Fund|0|39,129||39,129|40,049|
|Clarks
Fund||||||74,018|0|3819|77,837|64,507|
|Repairs
Fund||||||6,937|||6,937|5,749|
|Baldwin
Fund||||||||394|394|327|
|Thaine
Fund||||||||72|72|59|
|Burch Fund||||||305|||305|253|
|||||||81,260|39,129|4,285|124,674|110,944|
|Extraordinary||Repair||Fund||437,071||0|437,071|344,911|
|Freehold
Property||||||1,178,000||0|1,178,000|1,178,000|
|Accumulated||income||||187,295|18,204|516|206,015|214,746|
|||||||1,883,626|57,333|4,801|1,945,760|1,848,601|