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|Legal and administrative|information||
|---|---|---|
|Report ofthe Trustees||2-3|
|Trustees'
responsibilities|||
|Independent
Examiner's|Report||
|Statement offinancial
activities|||
|Balance sheet|||
|Accounting
policies||8-9|
|Notes to the accounts||10-l5|
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|||||Notes|Total funds|Total funds|
|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|
||||||2023|2022|
|Income and endowments|||from:||||
|Investments|||||57,834|114,145|
|Total income|||||57,834|114,145|
|Expenditure|||||||
|Investment|management||costs|2|14,472|2,155|
|Expenditure|on|charitable|activities|2|102,682|62,648|
|Total expenditure|||||117,154|64,803|
|Net movement||in funds|||(59,320)|49,342|
|Reconciliation||offunds|||||
|Total funds|brought forward at 1 April 2022|||9|2,568,279|2,518,937|
|Total funds|carried forward at 31March 2023|||9|f2,508,959|I2,568,279|
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||Notes|2023|2022|
|---|---|---|---|
|FIXEDASSETS||||
|Tangible assets:||||
|Investment
properties|5|1,500,000|1,500,000|
|Motor vehicles|5|-|6,715|
|Investments|6|100|100|
|||1,500,100|1,506,815|
|CURRENT ASSETS||||
|Debtors|7|1,009,174|1,084,473|
|Cash at bank||7,785|2,422|
|||1,016,959|1,086,895|
|CREDITORS:||||
|Amounts
falling due within one year|8|(8,100)|(25,43])|
|NET CURRENT ASSETS||1,008,859|1,061,464|
|TOTALNETASSETS||K2,508,959|f2,568,279|
|FUNDS - UNRESTRICTED|9|E2,508,959|$2,568,279|
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|||||2023|2022|
|---|---|---|---|---|---|
|Other interest||||17,677|17,660|
|Rental and associated income||||40,157|96,485|
|||||857,834|6114,145|
|EXPENDITURE||||||
|||Investment||||
|||management|Charitable|Total|Total|
|||costs|activities|2023|2022|
|Costs directly allocated to activities||||||
|Transport/Catering/||||||
|Entertainment|||76,793|76,793|47,369|
|Vehicle expenses|||||6,698|
|Grants payable
and donations|||20,500|20,500||
|Insurance
dt other|admin costs||1,889|1,889|3,656|
|Accountancy
fees|||3,500|3,500|4,925|
|Property
insurance|and repairs|14,472||14,472|2,155|
|Total resources expended 2023||%14,472|8102,682|$117,154|664,803|
|Total resources expended 2022||82,155|662,648|||
|4|GRANTS PAYABLE|||
|---|---|---|---|
|||2023|2022|
||6grants (2022:0)as follows:|||
||East Anglian Air Ambulance|1,000||
||Kettlefields
Primary School|2,500||
||Our Special Friends|1,000||
||Ellesmere Devils Society|5,000||
||Dullingham
Charities|1,000||
||StNicholas Hospice Care|10,000||
|||f20,500||
|5|TANGIBLE FIXEDASSETS|||
||||Investment|
||||properly|
||Valuation|||
||At I April 2022 and 31 March 2023||K1,500,000|
|he tangibl|e fixed assets are primarily
held to provide an|investment
return.|
|---|---|---|
|||Motor|
|||vehicles|
|Cost:|||
|1 April 2022||50,392|
|Disposals||(50,392)|
|31March|2023||
|Depreciation:|||
|1 April 2022||43,677|
|Eliminated|on disposals|(43,677)|
|31 March|2023||
|Net book|value:||
|31March|2023||
|31 March|2022|r6,715|
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|||||Investment|
|---|---|---|---|---|
|||||in subsidiary|
|Valuation|or nominal|value or cost|||
|At 1 April|2022 snd|31 March 2023||F100|
|Investment|in subsidiary:||||
||||Class of|Proportion|
|Name|||holding|held|
|Oftenfact|Limited||Ordinary|100%|
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|||||2023|2022|
|---|---|---|---|---|---|
|Trade debtors||||2,069|3,240|
|Amount|due|Irom subsidiary|undertaking|602,960|588,490|
|Amount|due|Irom related undertaking||402,119|490,768|
|Prepayments||and accrued income||2,026||
|Other debtors|||||1,975|
|||||g1,009,174|K1,084,473|
|CREDITORS||||||
|||||2023|2022|
|Other creditors|||||31|
|Accruals|and|deferred income||8,100|25,400|
|||||K8,100|$25,431|
|Deferred|income comprises:|||||
|Brought|forward|||21,900|21,900|
|Deferred|in the year|||4,600|21,900|
|Released|in the year|||(21,900)|(21,900)|
|Deferred|income carried forward|||j4,600|621,900|
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|||At I April|Incoming|Outgoing|At 31 March|
|---|---|---|---|---|---|
|||2022|Resources|Resources|2023|
|Unrestricted
funds:||||||
|General reserves||2,568,279|57,834|(117,154)|2,508,959|
|Total unrestricted|funds|K2,568,279|f57,834|f(117,154)|$2,508,959|
|||At I April|Incoming|Outgoing|At 31March|
|||2021|Resources|Resources|2022|
|Unrestricted
funds:||||||
|General reserves||2,518,937|114,145|(64,803)|2,568,279|
|Total unrestricted|funds|X2,518,937|f114,145|Z(64,803)|f2,568,279|
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|summary ofthe results ofthe subsidi|ary
is shown|below:|||
|---|---|---|---|---|
||||2023|2022|
|Turnover|||600|600|
|Related costs|||(138)|(18,132)|
|Gross profit/(loss)|||462|(17,532)|
|Administrative
expenses||||(100)|
|Operating
profit/(loss)|||462|(17,632)|
|Interest receivable
and similar income||||17,632|
|Interest payable|||(14,470)|(14,470)|
|Loss on ordinary
activities before and|after taxation||K(14,008)|K(14,470)|
||||2023|2022|
|The aggregate ofthe assets, liabilities|and funds was:||||
|Assets|||600,462|600,000|
|Liabilities|||(602,960)|(588,490)|
|Net (liabilities)/assets|||$(2,498)|811,510|
|Capital and reserves:|||||
|Called up share capital (representing|100ordinary|shares ofKl|||
|each)|||100|100|
|Revaluation
reserve|||50,138|50,138|
|Profit and loss account|||(52,736)|(38,728)|
||||Z(2,498)|KI1,510|
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|||2023|2022|
|---|---|---|---|
|Amounts|receivable:|||
|Within one year||19,500|40,734|
|Between|two and five years|68,490||
|||f87,990|840,734|