| ees at the date ofthis report and h | olding office during | the year were: | |
|---|---|---|---|
| Mr David V Brown | Chairman | ||
| Mrs Jacqueline C Brown | |||
| Cllr John Hayward | Town Council Representative | ||
| Cllr Jeremy D Heron | Treasurer | Town Council Representative | |
| Mr Keith PJones | |||
| 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 | Resigned | 12'"October 2021 | |
| Vacancy | |||
| Vacancy |
| Capital | 2 | 36,091 | ||
|---|---|---|---|---|
| Income | provided | for | (Debtor) | |
| 2018 | 836 | |||
| 2019 | 1,672 | |||
| 2020 | 1,324 | |||
| 2021 | 1,881 | |||
| 2022 | 1,254 | |||
| 6,967 |
| RINGWOOD | UNITED CHARITIES |
|---|---|
| STATEMENT OF | FINANCIAL ACTIVITIES |
| YEAR ENDED 31 MARCH 2022 |
| INCOMING RESOURCES |
ALEXANDER JAMES | ALEXANDER JAMES | ALEXANDER JAMES | |||
|---|---|---|---|---|---|---|
| MAIN | MEMORIAL | POORS | TOTAL FUNDS | |||
| Notes | FUND | TRUST FUND | FUND | 2022 | 2021 | |
| Income and endowments | from: | F | E | |||
| Charitable Activities |
4(a) | 28,624 | 0 | 0 | 28,624 | 32,642 |
| Investment income |
4(o) | 2,489 | 1,254 | 128 | 3,871 | 4,512 |
| Total income and endowments | 31,113 | 1,254 | 128 | 32,495 | 37,154 | |
| RESOURCES EXPENDED | ||||||
| Expenditure on: |
||||||
| Charitable Distributions |
5(a) | |||||
| Cost of Charitable Activities: |
||||||
| Upkeep ofthe Almshouses |
5(b) | 57,785 | 0 | 57,785 | 30,898 | |
| Administration | 5(c) | 7,482 | 7,482 | 4,979 | ||
| Professional Fees |
5(d) | 1,854 | 1,854 | 1,650 | ||
| Total expenditure | 67,121 | 67,121 | 37,527 | |||
| Net income before gains/ | (losses) | (36,008) | 1,254 | 128 | (34,626) | (373) |
| Unrealised revaluation gains |
/ (losses): | |||||
| Investments | 6 | 57,842 | (3,038) | 370 | 55,174 | 97,532 |
| Almshouses | 0 | 0 | ||||
| NET MOVEMENT IN FUNDS |
21,834 | (1,784) | 498 | 20,548 | 97,159 | |
| Balances at 1 April 2021 | 1,883,626 | 57,333 | 4,801 | 1,945,760 | 1,848,601 | |
| BALANCES AT 31 MARCH 2022 | 1,905,460 | 55,549 | 5,299 | 1,966,308 | 1,945,760 |
| BALANCE | BALANCE | SHEET AS AT 31 MARCH | SHEET AS AT 31 MARCH | SHEET AS AT 31 MARCH | 2022 | 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| RESTRICTED FUNDS | ALEXANDER JAMES | ||||||||||
| MAIN | MEMORIAL | POOR'S | TOTAL FUNDS | ||||||||
| FIXEDASSETS | Notes | FUND | TRUST FUND | FUND | 2022 | 2021 | |||||
| Almshouses Quomp |
Ringwood | 1(c) | and 2 | 1,178,000 | 0 | 0 | 1,178,000 | 1,178,000 | |||
| Investments | 1(c) | and 6 | 576,173 | 36,091 | 4,654 | 616,918 | 561,745 | ||||
| TOTAL FIXEDASSETS | 1,754,173 | 36,091 | 4,654 | 1,794,918 | 1,739,745 | ||||||
| CURRENT ASSETS | |||||||||||
| Debtors and prepayments |
1,431 | 6,968 | 8,399 | 7,582 | |||||||
| Bank Balances: | |||||||||||
| National Westminster |
Bank PLC | ||||||||||
| Current account |
25,199 | 9,585 | 645 | 35,429 | 44,939 | ||||||
| Reserve account | 0 | 2,905 | 0 | 2,905 | 2,905 | ||||||
| COIF Deposit Fund | 159,619 | 0 | 0 | 159,619 | 159,552 | ||||||
| 184,818 | 12,490 | 645 | 197,953 | 207,396 | |||||||
| Total current assets | 186,249 | 19,458 | 645 | 206,352 | 214,978 | ||||||
| LIABILITIES | |||||||||||
| Creditors (falling due |
within | one | year) | (34,962) | 0 | (34,962) | (8,963) | ||||
| NET CURRENT ASSETS | 151,287 | 19,458 | 645 | 171,390 | 206,015 | ||||||
| TOTAL ASSETS | 1,905,460 | 55,549 | 5,299 | 1,966,308 | 1,945,760 | ||||||
| Represented by |
|||||||||||
| RESTRICTED FUNDS | 7 | 1,905,460 | 55,549 | 5,299 | 1,966,308 | 1,945,760 | |||||
| Approved by the Trustees |
and signed | on their | behalf by: | ||||||||
| D Brown (Chairman) | Date: | 2023 | |||||||||
| The notes on pages 9to | 13form part | of these accounts |
| NOTES TO THE FINANCIAL | NOTES TO THE FINANCIAL | NOTES TO THE FINANCIAL | STATEMENTS | STATEMENTS | |||||
|---|---|---|---|---|---|---|---|---|---|
| YEAR ENDED 31 | MARCH 2022 | ||||||||
| RESTRICTED FUNDS | |||||||||
| Charitable Activities |
ALEXANDER JAMES | ||||||||
| MEMORIAL | POORS | TOTAL | FUNDS | ||||||
| 4(a) CHARITABLE ACTIVITIES | MAIN FUND | TRUST FUND | FUND | 2022 | 2021 | ||||
| E | |||||||||
| Almspersons | 28,624 | 0 | 0 | 28,624 | 32,642 | ||||
| Miscellaneous | 0 | 0 | |||||||
| 28,624 | 28,624 | 32,642 | |||||||
| 4(b) INVESTMENT INCOME | |||||||||
| Charinco Common Investment |
Fund | ||||||||
| 20902.59 Income units |
|||||||||
| BLK Charites UK Bond Fund |
A | 0 | 1,254 | 1,254 | 1,881 | ||||
| COIF Charities Investment Fund |
|||||||||
| 4129 Income units |
- Clark | 2,205 | 2,205 | 2, | 162 | ||||
| 213 Income units |
- Clark | 0 | 114 | 114 | 112 | ||||
| 387 Income units |
- Repairs | 207 | 207 | 203 | |||||
| 22 Income units |
- Baldw in | 12 | 12 | 12 | |||||
| 17 Income units | - Burch | ||||||||
| 4 Income units |
- Thaine | ||||||||
| COIF Deposit Interest | 68 | 0 | 0 | 68 | 131 | ||||
| Bank Interest | 0 | 0 | |||||||
| 2,489 | 1,254 | 128 | 3,871 | 4,512 |
| EXPENDITURE ON | ALEXANDER JAMES | ALEXANDER JAMES | ALEXANDER JAMES | |||
|---|---|---|---|---|---|---|
| MAIN | MEMORIAL | POORS | TOTAL | FUNDS | ||
| FUND | TRUST FUND | FUND | 2022 | 2021 | ||
| E | ||||||
| 5(a) CHARITABLE DISTRIBUTIONS | 0 | 0 | ||||
| 5(b) COST OF CHARITABLE ACTIVITIES | ||||||
| Upkeep of Almshouses: |
||||||
| Repairs - consultancy |
1,500 | 1,500 | ||||
| Refurbish Flat 10 |
28,623 | 28,623 | 0 | |||
| Refurbish Flat 13 |
7,454 | 7,454 | 0 | |||
| Plumbing | 1,710 | 1,710 | 825 | |||
| Electrical | 119 | 119 | 696 | |||
| Miscellaneous repairs |
(inc gas safety) | 3,484 | 3,484 | 2,019 | ||
| Chimney repairs |
1,140 | 1,140 | 9,763 | |||
| Security systems | 1,180 | 1,180 | 2,078 | |||
| Water tank | 4,919 | 4,919 | 11,478 | |||
| Insurance | 1,366 | 1,366 | 1,455 | |||
| Garden | 362 | 362 | 620 | |||
| Water | 4,861 | 4,861 | 1,910 | |||
| Council tax | 1,032 | 1,032 | 54 | |||
| Printing | 35 | 35 | ||||
| 57,785 | 57,785 | 30,898 | ||||
| 5(c) ADMINISTRATION | ||||||
| Almshouses Association |
287 | 287 | 282 | |||
| Clerk's salary | 5,615 | 5,615 | 3,405 | |||
| Computer | 73 | 85 | ||||
| Miscellaneous (including |
room hire) | 1,507 | 1,507 | 1,207 | ||
| 7,482 | 7,482 | 4,979 | ||||
| 5(d) PROFESSIONAL FEES | ||||||
| Accountancy | 720 | 720 | 630 | |||
| Independent examination |
1,134 | 1,134 | 1,020 | |||
| Property revaluation |
||||||
| 1,854 | 1,854 | 1,650 |
| RESTRICTED FUNDS | ALEXANDER JAMES | ALEXANDER JAMES | ALEXANDER JAMES | ||||||
|---|---|---|---|---|---|---|---|---|---|
| MAIN | MEMORIAL | POOLS | TOTAL | FUNDS | |||||
| 6 INVESTMENTS | FUND | TRUST FUND | FUND | 2022 | 2021 | ||||
| R | |||||||||
| Alexander James Memorial | Trust Fund | ||||||||
| BLK Charities UK Bond Fund |
A | (income units) | |||||||
| (formerly Charinco Common Investment |
Fund - income | units) | |||||||
| 1 April 2021 | 0 | 39,129 | 0 | 39,129 | 40,049 | ||||
| Unrealised (loss) / gain for the |
year | 0 | (3,038) | 0 | (3,038) | (920) | |||
| Valuation at 31 March 2022 |
0 | 36,091 | 0 | 36,091 | 39,129 | ||||
| Clarks Fund | |||||||||
| COIF Charities Investment Fund |
(income units) | ||||||||
| 1 April 2021 | 74,018 | 0 | 3,818 | 77,836 | 64,507 | ||||
| Unrealised gain for the year |
6,388 | 0 | 330 | 6,718 | 13,330 | ||||
| Valuation at 31 March 2022 |
80,406 | 0 | 4,148 | 84,554 | 77,837 | ||||
| Repairs Fund | |||||||||
| COIF Charities Investment Fund |
(income units) | ||||||||
| 1 April 2021 | 6,937 | 6,937 | 5,749 | ||||||
| Unrealised gain for the year |
599 | 599 | 1,188 | ||||||
| Valuation at 31 March 2022 |
7,536 | 7,536 | 6,937 | ||||||
| Baldwin Fund |
|||||||||
| COIF Charities Investment Fund |
(income units) | ||||||||
| 1 April 2021 | 0 | 394 | 394 | 327 | |||||
| Unrealised gain for the year |
0 | 34 | 34 | 67 | |||||
| Valuation at 31 March 2022 |
0 | 428 | 428 | 394 | |||||
| Burch Fund | |||||||||
| COIF Charities Investment Fund |
(incorre units) | ||||||||
| 1 April 2021 | 305 | 305 | 253 | ||||||
| Unrealised gain for the year |
26 | 26 | 52 | ||||||
| Valuation at 31 March 2022 |
331 | 331 | 305 | ||||||
| Thaine Fund |
|||||||||
| COIF Charities Investment Fund |
(income units) | ||||||||
| 1 April 2021 | 72 | 72 | 59 | ||||||
| Unrealised gain for the year |
6 | 6 | 13 | ||||||
| Valuation at 31 March 2022 |
78 | 78 | 72 | ||||||
| Extraordinary Repair Fund |
|||||||||
| COIF Charities Investment Fund |
(accumulation | units) | |||||||
| 1 April 2021 | 437,071 | 0 | 0 | 437,071 | 344,911 | ||||
| Investment during the year |
0 | 0 | 0 | 0 | 8 | 358 | |||
| Unrealised gain for the year |
50,829 | 0 | 0 | 50,829 | 83,802 | ||||
| Valuation at 31 March 2022 |
487,900 | 0 | 0 | 487,900 | 437,071 | ||||
| Total at Valuation | 576,173 | 36,091 | 4,654 | 616,918 | 561,745 | ||||
| Total unrealised gains / (losses) |
57,842 | (3,038) | 370 | 55,174 | 97,532 |
| RESTRICTED FUNDS | RESTRICTED FUNDS | RESTRICTED FUNDS | RESTRICTED FUNDS | ALEXANDER JAMES | ALEXANDER JAMES | ALEXANDER JAMES | |||
|---|---|---|---|---|---|---|---|---|---|
| MAIN | MEMORIAL | POOR'S | TOTAL | FUNDS | |||||
| 7 ACCUMULATED | FUNDS | FUND | TRUST FUND | FUND | 2022 | 2021 | |||
| L | F | ||||||||
| Endowment | Funds: | ||||||||
| Alexander James | Memorial | Trust Fund | 0 | 36,091 | 36,091 | 39,129 | |||
| Clarks Fund |
80,406 | 4,148 | 84,554 | 77,837 | |||||
| Repairs Fund |
7,536 | 7,536 | 6,937 | ||||||
| Baldwin Fund |
428 | 428 | 394 | ||||||
| Thaine Fund |
78 | 72 | |||||||
| Burch Fund | 331 | 331 | 305 | ||||||
| 88,273 | 36,091 | 4,654 | 129,018 | 124,674 | |||||
| Extraordinary | Repair | Fund | 487,900 | 0 | 0 | 487,900 | 437,071 | ||
| Freehold Property |
1,178,000 | 0 | 0 | 1,178000 | 1,178000 | ||||
| Accumulated | income | 151,287 | 19,458 | 645 | 171,390 | 206,015 | |||
| 1,905,460 | 55,549 | 5,299 | 1,966,308 | 1,945,760 |