Charity no: 525315 

## **STEEPLE HOUSE, STEEPLE LANE, BRECON LD3 7DJ** 

## **Trustees’ Annual Report, Year Ending December 2020** 

In the year 2020, a total of 37 grants were awarded to young people of Brecon to help with their academic or vocational studies either at university or college, or in an apprenticeship, in accordance with the terms of the trust. The total value of these grants was £10,482. 

Rent from the o�ces and shop provide the main source of income. Despite the di�culties that many businesses have experienced this year due to Covid-19, rents have all continued to be paid. One o�ce was empty for four months, but by the end of the year a new tenant had been identified. 

Significant repairs were needed to the groundfloor o�ce at no:54 High Street; both the main double door and a broken window pane needed replacing. By the end of the year, listed building consent had been applied for to replace the large pane of glass in two halves, and permission was awaited. Smaller repairs and general maintenance jobs were carriedout throughout the year. 



OOOOOOEDMUND JONES CHARrtY
Accoumfs FOR THE YEAR ENDING 31st December 2020
Income & Expendlture Alc for the yr ended 31.12.20
INCOME
2020
20191
Rents offices
Rent shop
Ssrvice Charges
Bank Interest etc
Donation in l leu of Service Charge
Interest from Investments
Unrealised gains from investments
£20.763.32
£7.500.00
£1,944.00
£6.20
£500.00
£1.693.60
£3.419.88
£35.827.00
£20,954.00.
£7,500.00.
£3,842.OOi
£461.68i
£o.ooi
£1,659.96.
£8,500.70.
£42,918.34j
EXPENDITURE
Grants to beneficiaries
Repairs & Mtce to Property
Heating and Ilghting
Cleaner's wages and materials
Water
Insurances
Management Expenses Incl supplies
Independent Examiner
Legal fees etc
£10.411.65
£5.975.17
£3.105.44
£3.342.62
£1.471.29
976.55
£4.913.21
250.00
516.00
£30.961.93
£4.865.07
£74.839.57
£79.704.64
£10,740.OOi
£5,647.24.
£5,505.09.
£3,203.84.
£1,440.80j
£925.33i
£5,119.95i
£250.00.
£32,832.25j
£10,086.091
£64,753.48i
£74,839.57.
Surplus for the year..
Surplus brought forward 1st lan 2020
Surplus at 31st December 2020
Balance Sheet as at 31st Decemi)er 2020
FIXED ASSETS
53154 High St. Brecon
COIF lat cost £35047.50,. 3266.36 shares held)
bid market value at 31st Dec 202011797.57p)
£380.000.00
£58,715.11
£380,000.ooi
£55,295.23.
CURRENT ASSETS
Sundry Debtors & Payments in advance
Cash in hand-at bank
-officers
£1.029.18
£20.420.20
£36.21
£1,921.72i
£19,051.28i
less
Sundry Creditors & Receipts in advance
£496.06
£459.704.64
£1,430.00.
£454,839.571
REPRESENTED BY.._
Capital Provisions
Revenue Surplus
£380.000.00
£380,000.00.
£79.704.64
£74,839.57.
£459.704.64
£454,839.57i
I have examined the above Balance Sheet and Income & Expenditure Account with
the books and vouchers. and have obtained all the infomiation and explanations I
have sought. No service charge was written into J Timothy's lease. so she is at an advanto
compared with the other office tenants.
In my opinion, the accounts are properly drawn up so as to give a fair reflertion of the
Charity's Affairs for the year ended 31st December 2020.
P W Jenkins
Independent Examiner
27th Feb 2021

OOOOOOEDMUND JONES CHARrtY
Accoumfs FOR THE YEAR ENDING 31st December 2020
Income & Expendlture Alc for the yr ended 31.12.20
INCOME
2020
20191
Rents offices
Rent shop
Ssrvice Charges
Bank Interest etc
Donation in l leu of Service Charge
Interest from Investments
Unrealised gains from investments
£20.763.32
£7.500.00
£1,944.00
£6.20
£500.00
£1.693.60
£3.419.88
£35.827.00
£20,954.00.
£7,500.00.
£3,842.OOi
£461.68i
£o.ooi
£1,659.96.
£8,500.70.
£42,918.34j
EXPENDITURE
Grants to beneficiaries
Repairs & Mtce to Property
Heating and Ilghting
Cleaner's wages and materials
Water
Insurances
Management Expenses Incl supplies
Independent Examiner
Legal fees etc
£10.411.65
£5.975.17
£3.105.44
£3.342.62
£1.471.29
976.55
£4.913.21
250.00
516.00
£30.961.93
£4.865.07
£74.839.57
£79.704.64
£10,740.OOi
£5,647.24.
£5,505.09.
£3,203.84.
£1,440.80j
£925.33i
£5,119.95i
£250.00.
£32,832.25j
£10,086.091
£64,753.48i
£74,839.57.
Surplus for the year..
Surplus brought forward 1st lan 2020
Surplus at 31st December 2020
Balance Sheet as at 31st Decemi)er 2020
FIXED ASSETS
53154 High St. Brecon
COIF lat cost £35047.50,. 3266.36 shares held)
bid market value at 31st Dec 202011797.57p)
£380.000.00
£58,715.11
£380,000.ooi
£55,295.23.
CURRENT ASSETS
Sundry Debtors & Payments in advance
Cash in hand-at bank
-officers
£1.029.18
£20.420.20
£36.21
£1,921.72i
£19,051.28i
less
Sundry Creditors & Receipts in advance
£496.06
£459.704.64
£1,430.00.
£454,839.571
REPRESENTED BY.._
Capital Provisions
Revenue Surplus
£380.000.00
£380,000.00.
£79.704.64
£74,839.57.
£459.704.64
£454,839.57i
I have examined the above Balance Sheet and Income & Expenditure Account with
the books and vouchers. and have obtained all the infomiation and explanations I
have sought. No service charge was written into J Timothy's lease. so she is at an advanto
compared with the other office tenants.
In my opinion, the accounts are properly drawn up so as to give a fair reflertion of the
Charity's Affairs for the year ended 31st December 2020.
P W Jenkins
Independent Examiner
27th Feb 2021