| Report ofthe Trustees | 1-3 | ||
|---|---|---|---|
| Report ofthe Independent | Auditors | 4-6 | |
| Statement of Financial |
Activities | ||
| Balance Sheet | |||
| Statement ofCash Flows | |||
| Notes to the Financial | Statements | 10-13 |
| Reference and administrative | Reference and administrative | details | |||
|---|---|---|---|---|---|
| Charity Number: | 1005893 | ||||
| Principal Office: | PO Box4781, Marlow, | Buckinghamshire, | SL7 9DZ | ||
| Independent | Auditors: | Villars Hayward | LLP | ||
| Boston House, | Henley-on-Thames, RG9 1DY |
||||
| Bankers: | National Westminster |
Bank pic, 22 Market Square, Aylesbury, | |||
| Buckinghamshire | HP20 1TW | ||||
| Trustees: | The Trustees serving | during the year and | since the year end were as | ||
| follows: | |||||
| Mrs E M Frost | |||||
| R J Frost | |||||
| Mrs A R Mirkowski | |||||
| Mrs H L Fowler |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | E | E | ||||||
| INCOME AND ENDOWMENTS | FROM: | |||||||
| Donations and legacies: |
||||||||
| Donations | 100,000.00 | 100,000.00 | ||||||
| Investment income: |
||||||||
| Dividends | 86,549.22 | 78,862.20 | ||||||
| Interest | 110.09 | 759.11 | ||||||
| Sundry | 500.00 | |||||||
| Endowment | income | 75 541.42 | 162,700.73 | 74 052.77 | 155,874.08 | |||
| TOTAL INCOMING RESOURCES |
E262,700.73 | E253,674.08 | ||||||
| EXPEND ITURE ON: | ||||||||
| Charitable activities: |
||||||||
| Donations | 128,571.00 | 128,095.00 | ||||||
| Property repairs |
5,000.00 | 5,000.00 | ||||||
| Audit fees | 3,600.00 | 3,600.00 | ||||||
| BCFmanagement | fee | 20,044.08 | 17,181.30 | |||||
| Bank charges | 23.00 | |||||||
| TOTAL RESOURCES | EXPENDED | E157,215.08 | E153,899.30 | |||||
| NET INCOME | 105,485.65 | 99,774.78 | ||||||
| Unrealised gains on |
investments | 449,960.74 | 826,863.42 | |||||
| Revaluation oftangible |
fixed assets | 380,096.50 | ||||||
| NET ADDITIONS TO | FUNDS | 935,542.89 | 926,638.20 | |||||
| Fund balances at 1April | 2021 | 7,006,654.51 | 6,080,016.31 | |||||
| Fund balances at 31March 2022 | E7,942,197,40 | E7,006,654.51 |
| THE MULBERRY TRUST | THE MULBERRY TRUST | |||||||
|---|---|---|---|---|---|---|---|---|
| Re | istered Charit | No. 1005893 | ||||||
| BALANCE SHEET | ||||||||
| AS AT31MARCH 2022 | ||||||||
| 2022 | 2021 | |||||||
| Notes | E | E | ||||||
| FIXEDASSETS Tangible assets Investments |
1e53 1e54 |
1,000,000.00 5,634,273.45 |
619,903.50 5,184,312.71 |
|||||
| 6,634,273.45 | 5,804,216.21 | |||||||
| CURRENT ASSETS Cash at bank Debtors |
1,344,761.15 20,000.00 |
1,234,275.50 20,000.00 |
||||||
| 1,364,761.15 | 1,254,275.50 | |||||||
| CREDITORS: | ||||||||
| Amounts falling due one year |
within | 56,837.20 | 51,837.20 | |||||
| NET CURRENT | ASSETS | 1,307,923.95 | 1,202,468.30 | |||||
| NET ASSETS | E7,942,197.40 | E7,006,654.51 | ||||||
| FUNDS: | ||||||||
| UNRESTRICTED FUNDS: | ||||||||
| Designated: | ||||||||
| Buckinghamshire Mulberry Fund |
CF | 2 53591423 | 2,339,210.72 | |||||
| Other: General Fund |
5,406,283.17 | 4,667,443.79 | ||||||
| E7,942,197.40 | E7,006,654.51 | |||||||
| The financial statements | were approved | by | the Trustees on | ........l.&....J~ | ...2022 | |||
| Signed for and on behalf | ofthe Trust |
| Notes | 2022 | 2021 | |||
|---|---|---|---|---|---|
| E | E | ||||
| Cash (used)/provided | by operating | ||||
| activities | E(51,715.08) | E(102,399.30) | |||
| Cash flows from investing | |||||
| activities: | |||||
| Interest income | 110.09 | 759.11 | |||
| Dividend income |
86,549.22 | 78,862.20 | |||
| Endowment income |
75,541.42 | 74,052.77 | |||
| Cash payments to acquire |
|||||
| Investments | (250,000.00) | ||||
| Cash used in investing | activities | E162,200.73 | E(96,325.92) | ||
| Cash flows from financing | |||||
| activities | |||||
| Decrease in cash and | |||||
| cash equivalents | 110,485.65 | (198,725.22) | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe year |
1,234,275.50 | 1,433,000.72 | |||
| Cash and cash equivalents | at the | ||||
| end ofthe year | E1,344,761.15 | E1,234,275.50 |
| Tangible fixed assets | ||
|---|---|---|
| Freehold | Pro ert | |
| Cost | ||
| At 1April 2021 | 619,903.50 | |
| Revaluation in year |
380,096.50 | |
| At 31March 2022 | F1,000,000.00 | |
| Depreciation | ||
| At 1April 2021 | ||
| Charge for the year | ||
| At 31March 2022 |
| 4. | Investments | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | E | ||||
| Listed investments | (including | unit Trusts): | |||
| Market value at 1April 2021 | 5,184,312.71 | 4,107,449.29 | |||
| Additions | 250,000.00 | ||||
| Unrealised (losses) |
/ gains on | investments | 449,960.74 | 826,863.42 | |
| Market value at 31March 2022 | E5,634,273.45 | E5,184,312.71 | |||
| Historical cost at 1 | April 2021 | 3,593,092.50 | 3,343,092.50 | ||
| Cost of additions | 250,000.00 | ||||
| Historical cost at 31March 2022 | E3,593,092.50 | E3,593,092.50 | |||
| 5. | Debtors | ||||
| 2022 | 2021 | ||||
| HM Revenue and Customs —Gift Aid relief due | E20,000.00 | E20,000.00 | |||
| 6. | Creditors: Amounts | falling due within one year | 2022 f |
2021 E |
|
| Accrued expenses | 56,837.20 | 51,837.20 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Net income | 105485 65 | 99,774.78 | |||
| Less: investment income: |
|||||
| Interest | (110.09) | (759.11) | |||
| Dividends | (86,549.22) | (78,862.20) | |||
| Endowment | income | (75,541.42) | (74,052.77) | ||
| (Increase) / | decrease | in debtors | (20,000.00) | ||
| Increase / (decrease) | in creditors | 5,000.00 | (28,500.00) | ||
| Cash (used)/provided | by operating | activities | E(51,715.08) | E(102,339.30) |