||||Page||
|---|---|---|---|---|
|Report ofthe|Trustees||1 to|3|
|Independent|Examiner's|Report|||
|Statement of|Financial|Activities|||
|Balance Sheet|||||
|Notes tothe|Financial Statements||7 to|12|
|Detailed Statement ofFinancial Ac5vltles|||13 to|14|
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|forthe Year Ended 30June 20|22|||||
|---|---|---|---|---|---|
||||2022||2021|
||||Unrestricted||Total|
|||Notes|funds||fundsf|
|INCOME AND ENDOWMENTS|FROM|||||
|Income from charitable
activities|||97,963||103,493|
|Investment
income|||29 151||32287|
|Total|||127114||135,780|
|EXPENDITURE ON||||||
|Charitable activities||||||
|Property
maintenance|||170,879||18,302|
|Management
and administration|||28,893||25,931|
|Other support items|||39123||36733|
|Total|||238895||79,966|
|Net gains/(losses)
on investments|||~27810)||83,816|
|NET INCOME/(EXPENDITURE)|||(139,591)||139,630|
|RECONCIUATION
OF FUNDS||||||
|Total funds brought forward|||1,771,037|1,631,407||
|TOTAL FUNDS CARRIED FORWARD|||1 631446|1|771,037|
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|BALANCE SHEET
30June 2022|||
|---|---|---|
||2022|2021|
||Unrestricted|Total|
||funds|funds|
|Notes|||
|FIXEDASSETS|||
|Tangible assets|711,958|684,142|
|Investments|||
|Investments|441,607|450,877|
|Investment
property|45000|45000|
||1,198,565|1,180,019|
|CURRENT ASSETS|||
|Debtors|168,111|186,902|
|Investments
Cash at bank|383,757
54331|385,972
200516|
||606,199|773,390|
|CREDITORS|||
|Amounts
falling due within one year|(15,293)|(15,051)|
|NET CURRENT ASSETS|590 906|753339|
|TOTAL ASSETSLESSCURRENT
LIABILITIES|1,789,471|1,938,358|
|CREDITORS|||
|Amounts
falling due after more than one year 10|(158,025)|(167,321)|
|NETASSETS|1 631445|1 771 037|
|FUNDS|||
|Unrestricted
funds|1 631446|1 771 037|
|TOTALFUNDS|1,631446|1 771 037|
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|estimated
residual
value on a straight
line basis ov|er the following years:||
|---|---|---|
||Years||
|Structure|100||
|Kitchen|25||
|Bathroom|30||
|Windows|40||
|Central heating
Boilers|40
20||
|INVESTMENT INCOME|||
||2022|2021|
|||F|
|Income from listed investments|29,131|29,257|
|Interest on bank deposits|20|3030|
||28 151|32,287|
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|ROWINGTON|ROWINGTON|ROWINGTON|ALMSHOUSE CHARIT|
|---|---|---|---|
|NOTES TO THE FINANCIAL STATEMENTS -contInued||||
|for|the Year Ended 30June 2022|||
|4.|TANGIBLE FIEDASSETS|||
||||Housing|
||||properties|
||COST|||
||At 1 July 2021||847,028|
||Additions||60632|
||At 30June 2022||S07 S60|
||DEPRECIATION|||
||At 1 July 2021||162,886|
||Charge for year||33116|
||At 30June 2022|||
||NET BOOK VALUE|||
||At 30June 2022||711,958|
||At 30June 2021||664 142|
||The Almshouses
are insured forf2,620,032(2021:R2,448,628).|||
|5.|FIXEDASSETINVESTMENTS|||
||Market value at 1 July 2021||450,877|
||Income received and re-invested
Loss in fair value||6,244
~f5514)|
||Market value at30June 22|||
||The historical cost ofthe investments|isf406,798(2021:f400,554).||
|6.|INVESTMENT PROPERTY|||
||FAIR VALUE|||
||At 1 July 2021|||
||and 30June 2022||45000|
||NET BOOK VALUE|||
||At 30June 2022||45,000|
||At 30June 2021||45000|
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|for th|e Year Ended|30June|20|22||||||
|---|---|---|---|---|---|---|---|---|---|
|7.|DEBTORS|||||||||
|||||||||2022|2021|
||Amounts
falling due within
Other debtors|||one year.||||24,600|24,600|
||Prepayments|and accrued||income||||1055|990|
|||||||||25656|25590|
||Amounts
falling due after
Other debtors|||more than one year:||||142456|161312|
||Aggregate
amounts|||||||168111|188902|
|8.|CURRENT ASSET INVESTMENTS|||||||||
|||||||||2022|2021|
|||||||||f||
||Listed investments|||||||383757|386,972|
|S.|CREDITORS: AMOUNTS|||FALLING DUE NITHIN ONE YEAR||||||
|||||||||2022|2021|
|||||||||F||
||Other creditors|||||||697|805|
||Accruals and|deferred|income|||||14,596|14248|
|||||||||15293|15051|
|10.|CREDITORS: AMOUNTS|||FALLING DUE AFTER MORE THAN|||ONE YEAR|||
|||||||||2022|2021|
||||||||||F|
||Accruals and|deferred|income|||||158025|167321|
|11.|MOVEIIENT|IN FUNDS||||||||
||||||||Net|Transfers||
|||||||movement||between|At|
||||||At 1.7.21|in|funds|funds|30.6.22|
||Unrestricted|funds||||||||
||General fund|||1,113,109||(139,591)||17,666|991,184|
||Permanent
Endowment
Extraordinary
repair fund||||549,532
108,396|||(9,270)
~8398)|540,262
100,000|
|||||1|771037|139591|||1 631 448|
||TOTALFUNDS|||1|771 037|~139591)|||1631448|
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|Net moveme|nt|in funds,
inc|lud|ed
in the a|bove|are as follo|ws:|||
|---|---|---|---|---|---|---|---|---|---|
|||||||Incoming
resources|Resources|Gains and|Movement|
||||||||expended
f|losses|in funds|
|Unrestricted||funds||||||||
|General fund||||||127,114|(238,895)|(27,810)|(139,591)|
|TOTALFUNDS||||||127114,|~238895)|~27810)|~139591)|
|Comparatives||for movement||In funds||||||
||||||||Net|Transfers||
||||||||movement|between|At|
|||||||At 1.7.20|in funds|funds|30.6.21|
|Unrestricted||funds||||||||
|General fund|||||1,025,628||139,630|(52,149)|1,113,109|
|Permanent|Endowment|||||503,018||46,514|549,532|
|Extraordinary||repair fund||||102,761||5635|108396|
||||||1|631407|139630||1 771 037|
|TOTAL FUNDS|||||1|631 407|139630||1 771 037|
|Comparative|net movement||in|funds, included||in the above are as follows:||||
|||||||Incoming|Resources|Gains and|Movement|
|||||||resources|expended|losses|in funds|
|||||||F||||
|Unrestricted||funds||||||||
|General fund||||||135,780|(79,966)|83,816|139,630|
|TOTAL FUNDS||||||135780|~79966)|83816|139630|
|The permanent||endowment|fund includes||funds received from the winding|||up ofthe Rowington
Estate||
|Charity.||||||||||
||||||2022
f|2021|
|---|---|---|---|---|---|---|
|Income shares
in The|National Association ofAlmshouses|||Common|||
|Investment
Fund|||||30,397|31,117|
|Income units
in the Charities Official Investment|||Fund||67,660|65,376|
|Accumulation
shares|in M&G Charifund||||142,260|139,654|
|M&G Charibond - Common
Investment||Fund|||129,353|140,536|
|Income shares
in the|M&G Charifund||||71 937|74 194|
||||||441,607|450877|
##
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|forthe Year Ended 30Jun|e 2|022|||
|---|---|---|---|---|
||||2022|2021|
||||F||
|INCOME AND ENDOWMENTS|||||
|Income hem charitable activities|||||
|Income from social housing|activities||88,667|93,739|
|Income from non social housing
Grant Income||activities|9298|458
9296|
||||97,963|103,493|
|Investment
income|||||
|Income from listed investments|||29,131|29,257|
|Interest on bank deposits|||20|3030|
||||29 151|32287|
|Total incoming
resources|||127,114|135,780|
|EXPENDITURE|||||
|Charitable
acthrlties|||||
|Communal
landscapes|||3,938|2,796|
|Chimney
sweeping
General repairs|||400
166541|400
15108|
||||170,879|18,302|
|Support costs|||||
|Finance|||||
|Wages
Pensions|||17,042
324|15,418
269|
|Managing
agent's fees||||1,806|
|Subscriptions|||35|35|
|Professional fees|||9,714|7,074|
|Secretarial and administrative||fees|1 778|1329|
||||28,893|25,931|
|Other|||||
|Insurance|||1,705|1,570|
|Light and heat|||937|473|
|Water and sewerage
Depreciation
oftangible fixed||assets|3,364
33117|3,620
30070|
||||39123|35733|
|Total resources expended|||238895|79966|
|Net (expenditure)flncome
and losses|before gains||(111,781)|55,814|
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