|||Page|
|---|---|---|
|Reference and Administrative
Details|||
|Report ofthe Trustees||2 to 4|
|Report ofthe Independent
Auditors||5 to 6|
|Statement ofFinancial|Activities||
|Balance Sheet||8to 9|
|Cash Flow Statement||10|
|Notes to the Cash Flow Statement|||
|Notes to the Financial|Statements|12to 21|
|Detailed
Statement of|Financial Activities|22 to 23|
##
|TRUSTEES||Mr A J Allard (Chairman)|Mr A J Allard (Chairman)|Mr A J Allard (Chairman)||
|---|---|---|---|---|---|
|||Mrs G A Ross||||
|||Mr IFScott||||
|||Ms M Lalor||||
|||Mr D Johnson||||
|||Mr M Walters||||
|||Mr J Cane||||
|||Mr D KWatt||||
|||Mr BJ Miller||||
|||Supt. SBrown (Port||Missioner)||
|PRINCIPAL ADDRESS||Office Suite
1||||
|||Alexandra
Dock Business|||Centre|
|||Fishermans
Wharf||||
|||Grimsby||||
|||N ELines||||
|||DN31 1UL||||
|REGISTERED|CHARITY NUMBER|500816||||
|INDEPENDENT|AUDITORS|Haines Watts, Chartered|||Accountants|
|||117- 119Cleethorpe||Road||
|||Grimsby||||
|||North East Lines||||
|||DN31 3ET||||
|BANKERS||NatWest Bank Pic||||
|||66 Victoria Street||||
|||Grim sby||||
|||North East Lines||||
|||DN31 IBP||||
|SOLICITORS||Wilkin
Chapman|LLP|||
|||Cartergate
House||||
|||26 Chantry
Lane||||
|||Grim shy||||
|||DN31 2LJ||||
|CHARITIES||||||
|ADMINISTRATOR/MANAGER||Mrs J Coultas||||
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|||Unrestricted|Restricted|31.12.21|31.12.20|
|---|---|---|---|---|---|
|||funds|funds|Total funds|Total funds|
||Notes||||f|
|INCOME AND ENDOWMENTS FROM||||||
|Other trading
activities||561,046||561,046|543,775|
|Investment
income||31||31|201|
|Total||561,077||561,077|543,976|
|EXPENDITURE||||||
|Charitable
activities||302,232||302,232|323,888|
|Other costs||70,290||70,290|74 058|
|Total expenditure||372 522||372 522|397,946|
|Net income before gains and losses on||||||
|Investments/sale
offixed assets||188,555||188,555|146,030|
|Net gains/(losses)
on sale on fixed assets||203,144||203,144|46,078|
|Net gains/(losses)
on investments||177410||17741~|100,676|
|NET MOVEMENT IN FUNDS||569,109||569,109|292,784|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought forward||5,445,354|840,309|6,285,663|5,992,879|
|TOTAL FUNDS CARRIED FORWARD||6,014,463|840,309|6,854,772|6,285,663|
##
##
|||Unrestricted|Restricted|31.12.21|31.12.20|
|---|---|---|---|---|---|
|||funds|funds|Total funds|Total funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible
assets|8|2,971,328|840,309|3,811,637|3,811,637|
|Investments|9|2,648,150||2,648,150|2,470 740|
|Total Fixed Assets||5,619,478|840,309|6,459,787|6,282,377|
|CURRENT ASSETS||||||
|Debtors|10|77,922||77,922|34,279|
|Cash at bank||453,905||453,905|118,134|
|||531,827||531,827|152,413|
|CREDITORS||||||
|Amounts
falling due within one year|11|(72,182)||(72,182)|(68,118)|
|NKT CURRENT ASSETS||459,645||459,645|84,295|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||6,079,123|840,309|6,919,432|6,366,672|
|CREDITORS||||||
|Amounts
falling due after more than one year|12|(64,660)||(64,660)|(81,009)|
|NET ASSETS||6 034463|840 309|6,854,772|6 285,663|
|THE FUNDS OF THK CHARITY|13|||||
|Unrestricted
funds||||6,014,463|5,445,354|
|Restricted funds||||840,309|840 309|
|TOTAL CHARITY FUNDS||||6,854,772|6,285,663|
|Grimsb
Sailors &Fishin
Chari|||||
|---|---|---|---|---|
|Cash Flow Statement|||||
|for the Year Ended 31 December 2021|||||
||||31.12.21|31.12.20|
|||Notes||f|
|Cash flows from operating
activities:|||||
|Cash generated
from operations|||143,108|130,385|
|Cash flows from investing
activities:|||||
|Purchase oftangible fixed assets||||(259,150)|
|Sale oftangible fixed assets|||203,144|46,078|
|Purchase offixed asset investments|||||
|Sale offixed asset investments|||||
|Investment
activity
Interest paid|||31
~19,212)|201
(12,328)|
|Net cash provided
by (used in) investing|||||
|activities|||192,663|~229,299)|
|Change in cash and cash equivalents|in the year||335,771|(94,814)|
|Cash and cash equivalents
at the beginning of|||||
|the reporting
period|||118,134|212,948|
|Cash and cash equivalents
at the end ofthe|||||
|reporting
period|||453,905|118,134|
||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
|||||||f|
|Net movement of|funds (as per the statement||offinancial|activities)|569,109|292,784|
|Deduct investment|income shown
in investing||activities||(31)|(201)|
|Add back interest|paid||||10,512|12,328|
|Deduct gains/add|back losses on investments||||(177,410)|(100,676)|
|Deduct gains/add|back losses on sale offixed||assets||(203,144)|(46,078)|
|Decrease/(increase)|in debtors||||(43,643)|(13,514)|
|Increase/(decrease)|in creditors||||(12,285)|(14,258)|
|Net cash provided|by (used in) operating|activities|||143,108|130,385|
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||||||
|---|---|---|---|---|
|ACTIVITIE|S FOR GENERATING|FUNDS|||
||||31.12.21|31.12.20|
|Maintenance|contributions||544,892|529,045|
|Donations
and legacies|||2,154|730|
|Administration|fees||14,000|14,000|
||||561,046|543,775|
|3.|INVESTMENT INCOME|INVESTMENT INCOME||||
|---|---|---|---|---|---|
|||||31.12.21|31.12.20|
||Profit on sale ofinvestments|||||
||Dividends
received|||||
||Bank Interest Received|||31|201|
|||||31|201|
|4.|CHARITABLE ACTIVITIES COSTS|||31.12.21|31.12.20|
|||||f||
||Water charges|||36,030|36,899|
||Insurance|||12,818|12,517|
||Electricity —Outside
lighting|||1,950|2,140|
||Individual
weekly benefits|||11,440|11,492|
||Individual
quarterly
benefits|||6,800|6,800|
||Institutional
RNMDSF grant|||14,000|14,000|
||Repairs and maintenance|||147,231|166,781|
||Council Tax —empty properties|||3,274|3,478|
||Window cleaning|||6,074|5,584|
||Gas service contract|||19,680|19,857|
||Resident line rental|||20,976|20,790|
||CareLink charges|||15,006|15,682|
||Garden maintenance|||6,953|7,868|
|||||302,232|323,888|
|5.|OTHER COSTS|||31.12.21|31.12.20|
||||||f|
||Wages|||41,474|39,869|
||Auditors'
remuneration|||3,900|3,900|
||Office rent and cleaning|||4,922|5,179|
||Telephone|||979|1,001|
||Postage, printing,
stationery||and advertising|4,142|4,781|
||Miscellaneous
expenses|||358|757|
||Legal and Professional|fees||2,985|2,585|
||Bad debt expense|||(50)|2,697|
||Almshouses
Association|subscription||1,068|961|
||Loan interest|||10,512|12,328|
|||||70,290|74,058|
##
|31.12.21|31.12.20|
|---|---|
|31.12.21|31.12.20|
||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
||Trustees'
remuneration||||||
||Trustees'
expenses||||||
||||||31.12.21|31.12.20|
||Mileage||||||
||The number oftrustees||who had expenses||paid for the year ended 3l December 2021 was nil (2020:|nil).|
|7.|STAFF COSTS||||||
||||||31.12.21|31.12.20|
||Wages and salaries||||41,474|39,869|
||The average
monthly|number ofemployees|||during the year was as follows:||
||||||31.12.21|31.12.20|
||Administration
staff||||2|2|
||No employees
received||emoluments|in excess off60,000.|||
||||Freehold|
|---|---|---|---|
||||property|
|COST||||
|At|1 January|2021|3,811,637|
|Additions||||
|At|31 December 2021||3,811,637|
|NET BOOK||VALUE||
|At|31 December 2021||3,811,637|
|At|31 December 2020||3,811,637|
|FIXEDASSET INVKSTMKNTS||
|---|---|
||Investments|
|MARKET VALUE||
|At 1 January 2021|2,470,740|
|Revaluation|177,410|
|Disposals||
|At 31 December 2021|2,648,150|
|NET BOOK VALUE||
|At 31 December 2021|2,648,150|
|At 31 December 2020|2,470,740|
##
|10.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||31.12.21|31.12.20|
||Other debtors|77,922|34,279|
|11.|CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR|||
|||31.12.21|31.12.20|
||Other creditors|72,182|68,118|
|12.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|||
|||31.12.21|31.12.20|
||Other creditors|64,660|81,009|
##
||||Incoming|Resources|Transfers|Gains/||
|---|---|---|---|---|---|---|---|
|||At 1.1.21|Resources
f|Expended|(In/(Out)|(Losses)|At 31.12.21|
|Designated|funds|759,574||(68,975)|I14,436||805,035|
|(note 15)||||||||
|General funds||4,685,780|561,077|(303,547)|(ll4,436)|380,554|5,209,428|
|||5,445,354|561,077|(372,522)||380,554|6,014,463|
|Restricted|Funds|840,309|||||840,309|
|||6,285,663|561,077|(372,522)||380,554|6,854,772|
##
||||Incoming|Resources|Transfers|Gains/||
|---|---|---|---|---|---|---|---|
|||At 1.1.20|Resources|Expended|(Inl(Out)|(Losses)|At 31.12.20|
|||||E||||
|Designated|funds|727,9]8||(78,867)|110,523||759,574|
|(note 15)||||||||
|General funds||4,424,652|543,976|(319,079)|(110,523)|146,754|4,685,780|
|||5,152,570|543,976|(397,946)||146,754|5,445,354|
|Restricted|Funds|840,309|||||840,309|
|||5,992,879|543,976|(397,946)||146,754|6,285,663|
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|Funds|
|||31.12.21|31.12.21|31.12.21|31.12.20|
|Tangible|fixed assets|2,971,328|840,309|3,811,637|3,811,637|
|Fixed asset investments||2,648,150||2,648,150|2,470,740|
|Current Assets||531,827||531,827|152,413|
|Creditors|due within one year|(57,390)||(57,390)|(68,118)|
|Creditors|due in more than one year|(79,452)||(79,452)|(81,009)|
|||6,014,463|840409|6,854,772|6,285,663|
##
##
##
||Comparative
for net|assets between|funds||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|Funds|
||||31.12.20|31.12.20|31.12.20|31.12.19|
||Tangible fixed assets||2,971,328|840,309|3,811,637|3,552,487|
||Fixed asset investments||2,470,740||2,470,740|2,370,064|
||Current Assets||152,413||152,413|233,713|
||Creditors
due within one|year|(68,118)||(68,118)|(69,144)|
||Creditors
due in more than one year||(81,009)||(81,009)|(94,241)|
||||5,445/54|840@09|6,285,663|5,992,879|
|15.|DESIGNATED RESERVES||||||
|||||Cyclical|||
|||||Repairs and|Extraordinary|Total|
|||||Maintenance|Repairs|Designated|
|||||Reserve|Reserve|Reserve|
||Balance at 1 January|2021||461,784|297,790|759,574|
||Resources expended|||(68,975)||(68,975)|
||Transfer from General
fund|||114,436||114,436|
||Balance at 31 December 2021|||507445|297,790|805,035|
##
##
|||Cyclical|||
|---|---|---|---|---|
|||Repairs and|Extraordinary|Total|
|||Maintenance|Repairs|Designated|
|||Reserve|Reserve|Reserve|
|Balance at 1 January 2020||427,728|300,190|727,918|
|Resources expended||(76,467)|(2,400)|(78,867)|
|Transfer from General|fund|110,523||110,523|
|Balance at 31 December 2020||461,784|297,790|759,574|
##
##
##
##
|for the Year Ended 3|1 December 2021|||
|---|---|---|---|
|||31.12.21|31.12.20|
|INCOME AND ENDOWMENTS||||
|Other trading
activities||||
|Maintenance
contributions||544,892|529,045|
|Donations
and legacies||2,154|730|
|Administration
fees||14000|14,000|
|||561,046|543,775|
|Investment
income||||
|Profit on sale ofinvestments||||
|Dividends
received||||
|Bank Interest Received||31|201|
|||31|20]|
|Total incoming
resources||561,077|543,976|
|EXPENDITURE||||
|Charitable
activities||||
|Water charges||36,030|36,899|
|Insurance||12,818|12,517|
|Electricity - Outside|lighting|1,950|2,140|
|Individual
weekly benefits||11,440|11,492|
|Individual
quarterly|benefits|6,800|6,800|
|Institutional
RNMDSF grant||14,000|14,000|
|Repairs and maintenance||147,231|166,781|
|Council Tax - empty|properties|3,274|3,478|
|Window cleaning||6,074|5,584|
|Gas service contract||19,680|19,857|
|Resident line rental||20,976|20,790|
|CareLink charges||15,006|15,682|
|Garden maintenance||6,953|7,868|
|||302,232|323,888|
|Support costs||||
|Governance
costs||||
|Wages||41,474|39,869|
|Auditors'
remuneration||3,900|3,900|
|Office rent and cleaning||4,922|5,179|
|Telephone||979|1,001|
|Carried forward||51,275|49,949|
##
|for the Year Ended 31 De|cem|ber 2021|||
|---|---|---|---|---|
||||31.12.21|31.12.20|
|Governance
costs|||||
|Brought forward|||51,275|49,949|
|Postage, printing,
stationery||and advertising|4,142|4,781|
|Miscellaneous
expenses|||358|757|
|Legal &professional
fees|||2,985|2,585|
|Bad debt expense|||(50)|2,697|
|Almshouses
Association|subscription||1,068|961|
|Loan interest|||10,512|12,328|
||||70290|74,058|
|Total resources expended|||372,522|397,946|
|Net income before gains|and losses||188,555|146,030|
|Unrealised
recognised
gains||and losses|||
|Unrealised
gains/(losses)|on fixed asset investments||177,410|100,676|
|Realised gains and losses|||||
|Profit on sale offixed assets|||203,144|46,078|
|Net income|||569,109|292,784|