## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



|||Unrestricted|Restricted|Endowment|Endowment|TotaI|Total|
|---|---|---|---|---|---|---|---|
||NotesFund||Fund|Fund||2023|2022|
|IncomingResources||||||||
|IncomingResourcesfromGeneratedFunds:||||||||
|VoluntaryIncome||||||||
|Grants receivable:||||||||
|The IsabelBlackmanFoundation|||0|||0|15,000|
|SussexHousing Trust fortheElderly|||6,000|||6,000|8,000|
|Orbit|||0|||0|0|
|Baby Pantry - Hastings Rotary|||0|||0|0|
|Pantry:SussexCommunityFoundation|||0|||0|11,450|
|Pantry:Awards forAll|||0|||0|0|
|Donations||||||||
|General||400||||400|0|
|Investment Income||||||||
|ListedInvestments-General||||15,967||75,967|15,246|
|ListedInvestments-Hart Fund||||15,609||15,609|16,063|
|CashInvestments - General||318||||318|7|
|IncomingResourcesfromCharitableActivities:||||||||
|Property Income||22,616||||22,616|20,657|
|AdministrationFees||4,000||||4,000|4,000|
|Other Income||||||||
|VehicleExpenses2018119refunded byETC||||||0|0|
|InsuranceClaim-LightningStrike||0||||0|0|
|Total IncomingResources||27,334|6,000|37,576||64,910|90,423|
|ResourcesExpended||||||||
|CharitableActivities:|7|30,883|15,307|21,779||67,969|85,017|
|GovernanceCosts:|3|960||||960|1,120|
|TotalResourcesExpended||3r,843|15,307|21,779||68,929|86,137|
|NetIncomingResourcesfortheyear||||||||
|beforeotherrecognised gains andlosses||(4,509)|(9,307)|9,797||(4,019)|4,286|
|OtherRecognisedGains andLosses||||||||
|Gains/(Losses) on InvestmentAssets:||||||||
|Unrealised||||(52,512)||(52,512)|81,410|
|Realised|||||0|0|0|
|||||(52,512)||(52,512)|8i,4i0|
|NetMovementInFunds||(4,509)|(9,307)(42,715)|||(56,531)|85,696|
|Reconciliation ofFunds||||||||
|TotalFundsbrought forward atlstApril2022<br>Transfer between Funds||124,77821,372<br>0||1,148,046l,294,196<br>00|||1,208,500<br>0|
|TotalFundscarriedforward at||||||||
|31stMarch2023||f.120,269|f.12,065|f1,105,331f.l,237,665|||{.r,294,196|





||Notes|2023|2022|
|---|---|---|---|
|FIXEDASSETS||||
|TangibleAssets||116,000|120,000|
|Investments||1,047,399|1,099,911|
|TotalFixedAssets||1,763,399|1,2I9,9L1|
|CURRENTASSETS||||
|Debtors||t52|tr6|
|CashDeposits||37,949|37,689|
|Cash atBankandinHand||40,064|40,445|
|Total CurrentAssets||78,164|78,250|
|LIABILITIES||||
|Creditors:Amountsfallingduewithinoneyear||3,898|3,965|
|NetCurrentAssets||74,266|74,285|
|NetAssets||"23?,66t|f.|,294,196|
|THEF'UNDSOF'THECI{ARITY||||
|EndowmentFunds|13|1,105,33i|1,148,046|
|Restricted Funds|t2|12,065|21,372|
|Unrestricted Funds|t1|120,269|124,779|
|Total CharityFunds||f1,237,665|81,294,196|





## 

## 

## 

## 

## 

## 

## 



## 

||UnrestrictedRestricted Endowment|UnrestrictedRestricted Endowment|UnrestrictedRestricted Endowment|UnrestrictedRestricted Endowment|Total|Total|
|---|---|---|---|---|---|---|
||Fund||X'und|Fund|2023|2022|
|2.Charitable Activities|||||||
|Grants -General<br>Grants-towards Projects|||11,985<br>17))|21,77933,764<br>3,322||32,719<br> 19,554|
|Wages<br>Electricity<br>Gas|14,379<br>8,383<br>./.5i||||14,379<br>9,393<br>233|11,814<br> <br>9,796<br> <br>20s|
|Rates(includingarrears raised on Tenantsfor|||||||
|earlieryears andlesstheresultingrefunddueto<br>Water|HACr)|<br>88<br>231|||88<br>23r|3,549<br>3s9|
|Insurance-Buildingsand General||l,lg2|||l,lg2|gl4|
|Van-Insurance and RoadFund Licence|||||||
|Repairs<br>CleaningServices andMaterials<br>Printing,Postage,Telephone and Stationery||729<br>620<br>748|||729<br>620<br>748|1,009<br>t,222<br>747|
|General Expenses||290|||290|130|
|Depreciationof Vehicle|||||||
|DepreciationofFreehold Property||4,00;|||4,000|4,000|
||f30,883<br>:::::||f.ts,307|{2t,779|f.67,969f,95,017||



|Governance|Costs||||||
|---|---|---|---|---|---|---|
|||UnrestrictedRestricted||Endowment|Total|Total|
|||X'und|Fund|<br>Fund|2023|2022|
|Independent|Examiner'sServices|960|||960|1,120|
|||f960|f0|f0|f960|f.1,120|



## 



|5.Tangible FixedAssets(atCostorYaluation)|||||2023|2022|
|---|---|---|---|---|---|---|
||FreeholdLand||Motor||Total|Total|
||&Buildings||Vehicles||||
|AtlstApr1l2022||200,000||11,085|211,095|2l1,085|
|Addition- at costlFiat DobloRegn.No: KT6TFONI|||||0|0|
|||200,000||11,095|211,085|21I,095|
|Less: Disposals-TransferredatnocosttoETCSussex||||||0|
|At 3lstMarch2023||200,000||11,095|211,085|211,085|
|Depreciation|||||||
|AtlstApri12022||80,000||I1,085|91,085|87,085|
|Provision forthe year||4,000|||4,000|4,000|
|At 3lstMarch2023||84,000||11,095|95,085|91,085|
|WrittenDown Value|||||||
|At31stMarch2023|f|116,000|f,|<br>-|f,116,000|f120,000|
|At 3lstMarch2022|f<br>::::|120,000|f|-|f.124,000|f.124,00a|



|6. Investments(Listed)|Market|Additions/ Realised|Additions/ Realised|Additions/ Realised|Unrealised|Market||
|---|---|---|---|---|---|---|---|
||Valueat<br>(Sales)Gains/(Loses)<br>01.04.2022<br>fortheyear||||Gains/(Loses)<br> fortheyear|Value at<br>31.03.2023|2022|
|EndowmentFund[General]||||||||
|28,545.87 COIFInvestmentFund||||||||
|IncomeUnits|555,888||||(21,035)|534,853|555,888|
|[HistoricalCost -f291,703]||||||||
|EndowmentFundffIart]||||||||
|14231.36COIF lnvestmentFund||||||||
|IncomeUnits|277,134||||(10,487)|266,647|277,734|
|[HistoricalCost - f,177,2751||||||||
|50323.51COIF FixedInterest|Fund|||||||
|IncomeUnits|62,990||||(3,729)|59,261|62,990|
|[HistoricalCost -f,70,000]||||||||
|45983.05COIF Global Equity|Inc.Fund|||||||
|IncomeUnits|722,490||||(4,346)|I18,144|122,490|
|fHistoricalCost -f70,000]||||||||
|62757.76COIF PropertyFund||||||||
|IncomeUnits|81,409||||(12,915)|68,494|81,409|
|[HistoricalCost-f70,000]||||||||
||f,1,099,917|f.|- f|-|f,(52,512)|f.1,047,399f.t,0gg,g71||





|HASTINGS AREACOMMUNITYTRUST<br>NOTESTO THE ACCOUNTS(CONTTNUED)<br>FORTHE YEARENDED31STMARCH2023||Page 9|
|---|---|---|
||2023|2022|
|7.Debtors|||
|Other Debtors|t52|116|
||t52|f116|
|8.Creditors: Amountsfallingduewithinoneyear|||
|Other Creditors|3,898|3,965|
||3,898|f3,965|



## 

||Unrestricted|Restricted|Endowment||
|---|---|---|---|---|
||Fund|Fund|Fund|Total|
|TangibleFixedAssets|116,000|||116,000|
|Investments|||1,047,399|1,047,399|
|CurrentAssets|8.167|D,06;|<7 0??|78,164|
|CurrentLiabilities|(3,898)|||(3,898)|
||120,269|12,065|1,105,33I|f,t,237,66s|



## 

## 

|||||||
|---|---|---|---|---|---|
|11.UnrestrictedFunds|Balanceat|Movementin|Resources||Balanceat|
||1.4.2022|Incoming||Outgoing|31.3.2023|
|General|4,779|27,334||27,843|4,269|
|Designated - PropertyReserve|120,000|||4,000|116,000|
||124,778|27,334||31,843|t120,269|
|12.Restricted Funds|Balanceat|Movementin|Resources||Balanceat|
||L4.2422|Incoming||Outgoing|31,3,2023|
|The IsabelBlackmanFoundation Fund<br>SussexHousingTrust fortheElderly|14,174<br>1,604|-<br>6,000||7,239<br> <br>4,236|<br>6,936<br> <br>3,369|
|OrbitFund|195||||195|
|Baby Pantry|2,077|-||511|1,566|
|Pantry -Awards forAll||||||
|Pantry-SussexCommunityFund|11//|-||3.322||
||21,372|6,000||15,307|f,12,065|





## 

|EndowmentFunds|||
|---|---|---|
||2023|2022|
|Permanent|||
|Balanceat1stApril2021|555,888|511,725|
|Unrealised Gains/(Losses) on lnvestmentAssets|(2t,035)|44,163|
|Balanceat1stAprI2A22|_f534,853|f,555,999|
|Expendable[General]|||
|Balanceat1stApril2021|25,ggg|21,887|
|Investment Income|15,967|15,246|
||41,856|) I,L))|
|Less: ResourcesExpended|7,929|11,244|
|BalanceatlstApil2022|_f34,0r?|f25,889|
|Expendable[HartFund]<br>Balanceat1stApril2021|566,269|519,530|
|Investment Income|15,609|16,063|
|Unrealised Gains/(Losses) on InvestmentAssets|(31,477)|37,247|
||550,401|572,840|
|Less: ResourcesExpended|13,950|6,571|
|Balanceat1stApil2022|j36n|f.566,269|
|Summary|||
|Permanent-General|534,853|555,888|
|Expendable-General|34,027|25,889|
|Expendable -Hart|536,451|566,269|
||_flffi1|Lr,148,046|



## 



## 

## 

## 

## 

##