2023-06-30-accounts - Rowington Almshouse Charity

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forthe Year Ended 30	June 20	23
				2023	2022
				Unrestricted	Total
				funds	funds
			Notes		f.
INCOME AND ENDOWMENTS		FROM
Income from charitable	activities			100,802	97,963
Other trading activities				7,953
Investment income				33,604	29,151
Total				142,359	127,114
EXPENDITURE ON
Charitable activities
Property maintenance				49,086	170,879
Management and administration				25+64	28,893
Other support items				50,952	39,123
Total				125,302	238,895
Net gains/(losses) on investments				(21,820)	(27,810)
NET INCOME/(EXPENDITURE)				(4,763)	(139,591)
RECONCILIATION OF FUNDS
Total funds brought forward				1 631446	1 771037
TOTAL FUNDS CARRIED FORWARD				1,626,683	1,631,446

BALANCE SHEET 30June 2023
		2023	2022
		Unrestricted	Total
		funds	funds
Notes			F
FIXEDASSETS
Tangible assets		863,062	711,958
Investments
Investments		288,753	441,607
Investment property		45,000	45,000
		1,196,815	1,198,565
CURRENT ASSETS
Debtors		142,133	168,111
Investments		418,958	383,757
Cash at bank		33,542	54,331
		594,633	606,199
CREDITORS
Amounts falling due within one year	10	(16,035)	(15,293)
NET CURRENT ASSETS		578,598	590,906
TOTAL ASSETSLESSCURRENT
UABILITIES		1,775,413	1,789,471
CREDITORS
Amounts falling due after more than one year	11	(148,730)	(158,025)
NET ASSETS		1,626,683	1,631,446
FUNDS	12
Unredacted funds		1,626,683	1,631,446
TOTAL FUNDS		1,626,683	1,631,446

	Years
Structure	100
Kitchen	25
Bathroom	30
Windows	40
Central heating	40
Boilers	20
OTHER TRADING ACTIVITIES
	2023 f	2022
Other income	7,953
INVESTIIENT INCOME
	2023	2022
		E
Income from listed investments	33,396	29,131
Interest on bank deposits	208	20
	33,604	29,151

fort	he Year Ended 30June 2023	he Year Ended 30June 2023
5.	TANGIBLE FREDASSETS
				Housing
				properties
				F
	COST
	At 1 July 2022			907,960
	Additions			193,917
	At 30June 2023			1,101,877
	DEPRECIATION
	At 1 July 2022			196,002
	Charge for year			42,813
	At 30June 2023			238,815
	NET BOOK VALUE
	At 30June 2023			863,062
	At 30June 2022			711,958
	The Almshouses	are insured for E2,908,236(2022:E2,620,032).
6.	FIXEDASSETINVESTMENTS
	Market value at 1July 2022			441,607
	Income received	and re-invested		7,203
	Loss in fair value			(14,389)
	Net disposals			(145,668)
	Market value at 30June 23			288,753
	The historical cost ofthe investments		is8268,333(2022:2406,798).
7.	INVESTMENT PROPERTY
	FAIR VALUE
	At 1 July 2022
	and 30June 2023			45,000
	NET BOOKVALUE
	At 30June 2023			45,000
	At 30June 2022			45,000

forth	e Year Ended 30June 2023
8.	DEBTORS
					2023	2022
						F
	Amounts falling due within one year.
	Other debtors				24,600	24,600
	Prepayments and accrued income				1,176	1,055
					25,776	25,655
	Amounts falling due after more than one year.
	Other debtors				116,357	142,456
	Aggregate amounts				142,133	168,111
9.	CURRENT ASSET INVESTMENTS
					2023	2022
					E
	Listed investments				418,958	383,757
10.	CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
					2023	2022
	Other creditors				1,090	697
	Accruais and deferred income				14,945	14,596
					16,035	15,293
11.	CREDITORS: AMOUNTS FALLING DUEAFTER MORE		THAN	ONE YEAR
					2023	2022
	Accruals and deferred income				148,730	158,025
12.	MOVEMENT IN FUNDS
				Net	Transfers
			movement		between	At
		At 1.7.22	in funds		funds	30.623
	Unrestricted funds
	General fund	991,184		(4,763)	(3,274)	983,147
	Permanent Endowment	540,262			3,274	543,536
	Extraordinary repair fund	100,000				100,000
		1,631,446		(4,763)		1,626,683
	TOTALFUNDS	1,631,446		(4,763)		1,626,683

Net movement	in funds, indude	d in the abo	ve are as follows	:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
					E
Unrestricted	funds
General fund			142,359	(125,302)	(21,820)	(4,763)
TOTALFUNDS			142,359	(125,302)	(21,820)	(4,763)
Comparatives	for movement	in funds
				Net	Transfers
				movement	between	At
			At 1.7.21	in funds f	funds	30.6.22
Unrestricted	funds
General fund			1,113,109	(139,591)	17,666	991,184
Permanent Endowment			549,532		(9,270)	540,262
Extraordinary	repair fund		108,396		(8,396)	100,000
			1,771,037	(139,591)		1,631,446
TOTALFUNDS			1,771,037	(139,591)		1,631,446

Comparative	net movement in fun	ds, induded in the above	are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
					F
Unrestricted	funds
General fund		127,114	(238,895)	(27,810)	(139,591)
TOTALFUNDS		127,114	(238,895)	(27,810)	(139,591)

				2023	2022
					F
M&G Charifund	-Income (14484.798units)			203,538
M&G Charity Multi Asset Investment		Fund- income (34795units)		30,582	30,397
Charities Official	Investment Fund -	Income (3759.32units)		70,534	67,660
M&G Charifund	-Accumulation (717.580units)				142,260
M&G Charibond	- Income- Common	Investment	Fund (162839.929
units)				170,819	129,353
M&G Charifund	- income (4843.682	units)		68,063	71,937
				543,536	441,607

forthe Year Ended 30J	un	e 2	023
				2023	2022
				F
INCOME AND ENDOWMENTS
Income from charitable	activities
Income from social housing		activities		91+33	88,667
Income from non social housing			activities	273
Grant Income				9,296	9,296
				100,802	97,963
Other trading activities
Other Income				7,953
Investment Income
Income from listed investments				33,396	29,131
Interest on bank deposits				208	20
				33,604	29,151
Total incoming resources				142,359	127,114
EXPENDITURE
Charitable acthrities
Communal landscapes				3,236	3,938
Chimney sweeping					400
General repairs				45,850	166,541
				49,086	170,879
Supportcosts
Finance
Wages				17,049	17,042
Pensions				788	324
Subscriptions				35	35
Professional fees				5,650	9,714
Secretarial and administrative			fees	1,742	1,778
				25,264	28,893
Other
Insurance				1,755	1,705
Light and heat				1,364	937
Water, sewerage and rates				5,021	3,364
Depreciation oftangible	fixed		assets	42,812	33,117
				50,952	39,123
Total resources expended				125,302	238,895
Net Income/(expenditure)		before gains
and losses				17,057	(111,781)