GRIFFIN Co.NLNILThITY TRLST UNAUDrrF.D RI.:PORT ANI) ACCOINI 30 JUNI:. ?0?? (A Company limited by guarantee registered in F.ngland & Wales) LompaDy rcgistralion number. O?57?039 L'harity registration number. 1013308 . GIUFTrIN COMfvtUNrtY TRIIST contents DirectorsAwiual R¢K)rt Ch85rn]an's ReFK)rt Independent Examiner's Rq Accounts co]nprising.' StatenTrent of Financial Activities Balance sheei io-ii Notes to the accounts 12-17 The follmiryllg p￿¢ d￿S ￿)t fom) pvrtof the statutory accounts: Iktailed income and expenditure accoun¢ 18 Ibe Community TTh]sL{A CoTnpani, limited kn. ttruamtee Vegist￿ed in F￿glar￿1 & Walts) Compall}' resi5trdtion nutnb¢r. 02572039. aJ2riTh' registration Dunkner.. 1013308 Page I DIRF.CTORS ANNtJAI. IU.:PnRT ' tintr the DireaoEs' R FOR TIIF. Yl'iiR F.NDED 30 JtPlF. ?OL? The Chair presents the re￿rt of the directo]s, Iv]Jich is 81*) the di￿10￿. rwi as required bv wth the accounts of the comFdn)' for the l'ear ended 30 3utL¢ ?0?? The 4JirectQTS h￿.¢ adopted the proYision5 of the Statement of Recommended Practice {SORP)-Aceouttting and RerK)rtitig bv Chatilits" {FRS 10? (IA)) pjewing the ¥nnuaS rep)rt alld flnancial statements ofthe Charity. The ftnancial statements hai'e I￿) prq>ared in a¢cordanceMith the a¢¢ouDtinq wlicic5 set out in the notes to the aC￿ll￿ts and eomplN' i¥ith the tlaaTity'5 go￿￿nin￿ docutntnL the (Iwttie5 Act ?01 l and Aecounrin4y and RetH)rting bs. Charities.. State]nent of Re¢x)rnmendcd F¥adiet (stcond edition) app]i￿b]e kn chatities P￿paTing their accoun15 in accordance 140th thc Financial Retx)rting Stsrtdard applitable in the IJK 3ndRepublitof Irelandpublished in October ?019 (Second FAitionl and eff¢etii'e fn)m l janua￿ ?019. ClllARITY NAMTr. rEIF. GRIFFIN com￿[uN[[y IRUST R￿￿1$[F.RTr,D NUMBER 0?57?039 (England and Wal￿) CIIARrrY NUMBF.R 1013308 RF,CTI8TF,PF,D OFFICF. 68 B¢a£x)n Drii'e Fast Sussex BN2i 2JX CIIARrrY's DIRF.cfoR8 Dr O Akinkugbe Vsce ChaiT DrYCChan G)vernance l.ead Dr K A Price Vice Chair Mi&s J A ￿'alker .4¢¢0lluno￿Ilon Ltad Dr C I)(11 {R¢sigLed 2 Noi. 2021) MrJ Ash￿8 Studelli Chair Prt)re&￿r B T Coh4n Secretsry. Mr S P Rockhill Finantt Chair DrVLLIWThi Lhair DrJ Heraght%' (R¢5igned 2 Nov 2021) L s A AlaFotssh Mr R Bennett Ms.4Lhau Dr K ￿h¢1-And￿l (Re5ign¢d 2 N(>v 2021} (Resigned ? Nai. ?0211 {ResI￿ed ? Eyoir ?O?l) {ReSigrtL￿ ? Nov ?021) Oiesigned 2 Noi. 20?1} MrJ Ilenderson IResigrted ? Noi. ?O?l) Ms A Ilouse" (ReSi￿¢d ? Noi. ?O?l} Mr M Justillsuthak2raD (Resiotied 2 Noi." ?O?Ll Ms A l.aguna (Resigncd 2 Noi, 20?11 Ms l Morri￿ll IResigntNI 2 Noi. ?O?l) Mr T Oyebanji (Resigned ? Noi. ?021) Oiesigned ? Noi, ?O?l) (Resig￿￿ 2 Noi. 20?I) Pwlc Bailev H Biyne .Its RFitzgerald DrA ￿rdOll.RC1d (Resi￿ed2 Nvi. 20?11 (Resigned 2 N(n.. ?021) (ReSi￿ed ? fvoi, ?O?l) (Res1￿Cd 2 No%, 20?1) (Resigned ? N￿, 20?1) (Resi£ned ? N'olr ?021) (ResiJed ? N'oi. 20?1} {R¢signed ? N￿T ?021) (Rcsinned ? Noi- ?021) {Rest2ned 2 Nov 20211 {ReSi￿ed ? Nov ?021) IResigned 2 Ni)v ?021) The kA)M78er LAinllllent of a Dirtctor rnay be which ￿O￿ld Ixuse the number of Direetor5 to exceed any nwnbrr fixed as the maximum nurnEtr of Direetor RLTIRI.:Mb.bFf OF DIRF.cfoiLS Thc tenns of orriLe of the dtre¢tOT5 in oifice at the date of the adoption of the ATti¢les shall be d¢t¢nnined by iydy of R￿)lUtiOn of the Dir￿1[￿& Any otberDlre￿0r shall ￿ aMx>itiied fora ofthree atthe cnd ofii4JidJ theN shall retire. A pcrsott retinng fri)m the oLfi¢e of Darector shall be clioiblc for re-aprrf)intmeni buL iithere the Fetir¢Tll￿t i.E at the end of a consecutive wiod of nine !"ear5 or mor¢ in office. the Director shall not ￿ eligible for re-apwinknent for a furtlker consccutive tenn of otyiee, apwi'ed b} a unanimou5i""Ote of th¢Dit¢dor5. ORGANISATtQNAI, STRIFcrtJRE The adn]inÉstrdtioa oftbe ebarftty is dimded into COIllliulte¢>' The Directors Board This is the gm'eTDing CoTnnJillee of ibe ill￿1¢ dwiti. knh. s%lK> h&r reFrf)ns from the Finan¢¢ Cornmitt¢E ajonu iT*ith other items such as Student Actis'ities Residcnts rLy)rt. It als() This is a sUt￿r￿M[nit¢rC ofDtrtdot5 BOo￿ 0￿¢15¢¢ the finanLf5 of the eharity and mattage the Adminisirntr)r i%tho has dele2a￿l rc5wnsibility' for thc das'_IiFd￿. financial transaLXions of the CTrarin'. All ￿'rnents of the CharÈn' are authoris¥J before p!"tnfflt 15 ￿ade. The fjnances are fu]thtr divÉtsl into 2 a￿. Siud¢ni AUiiiti¢s are by the stlldu￿ treasurtt. who r4￿ w the The AdMinistra￿r (kals with all other fin0￿Cial tra1￿ctiO￿ Ihe (yriffIn ComTnuDih. I'rust (A ComF(￿). limited bi. g%JaTantet regiSt￿ed in Fmglalld & Mlal&%) CompanTr' T￿lStratiOn numbcr. O?57?039, (kni￿. reÈisitstion Tjumber. 1013JO8 Page4 tin OR THF. YE4R LWDED 30 JIJNF. 2022 Statement of Dire¢lor5' reS￿nsibilItIeS ltt respttt off the Direettirs. AJw4•1 Report ajkd the fjnau£i%l 5tatrments The Company Dirtttors are rtsrwible for preprng the ditectrf AnDual ReFOrt alld the fJnanci81 sla(ements in attordanec i￿th applicable ]aM" and United KJJJgth)￿ ALroulltino - Swdards (Unaioj Kingdorn Generallj Accep(ed Accounting Pradice). Compans lam. reqllires the Director5 to prepare fmallcial statements foreadk fin3ncia] Trear. I4tiich gil'e and fairviem. of the state of affairs ofthe clwitable CO￿Pan￿. and of the tncon]it]8 resour¢e5 aud appliL7tion of resourc¢% iucludin8 the Slleollke attd ex￿￿]￿rE of the charitsble forthat ￿lOd. select $uitrble accounting p)Iici¢5 and then atvlN the￿ eonsi5tentls'. observe the and principl&% ill the Charities SORP ?019 alldFRS 102 make jU￿eme])ts aud ¢Ximatesthai ¥Jre reasonable and ￿Kie￿i. state ivh¢tber applitrablc l]K Accounting Stand3T￿ ha%'e been folloNr¢ wbieÉt to an}. Jnateri31 departur dsscloscd and explained in the ￿tIal ststerneDik alld prepare th¢ f￿ancial 5tatemertts OD the g0lugconL￿ b&s&s wiks5 iti5 inappr￿et0 Presu￿¢that theeharitable compani, Iiill continue in The direct￿5 aye rwible for keeping accounti￿¢1 reo)rds t1￿ disclose i￿71b rea4>nable accuracy at an), tirtie the fEtwJcial rK)sttion of the charAtsble ¢ompally aTMI tnable thetn to eDsure that the fin&Kia] statem¢nts Comply the Lompaaies Act ?006. Thev also resp)nsible for Sar￿u8ft1]tig Ihe 3S5¢ts of the Charitable COuRp￿1Y alld hence teking rewnable Steps forthe prekention and detedion offraud attd Irregul￿111¢5. Rt8K MANACiLMEKf The Finallce Com]nittee ¢onducted a r￿'le￿W of ¢h¢ fiDaDcial risks faced the Charit). in Mai, ?022. The Cornmittee tonsider5 thai there are sufficient f￿antIal risk t￿o¢ed￿ 3E]d intallal Lxjntrols platt adequate to redu such risks to an acceptable ]￿'t1 to the diTel￿r* IÉ is intended a M'iew of Ti5k man4(tement and all other rffocedures will be Conduct￿ on a tirnetabledba5i5. The CILarity's objectii'es as foll￿￿￿.. (a) the relief of elderli" infirTtt handicaAxx] i%thether ph￿S1￿1h. or mentslly or phi'sicalls. ive* pet5()ns bi. the promotion ol s()ci31 inclusioa for the public b¢nefiL in particl￿ i￿1 not ¢xclusivel) in the East Lnd of London; and (b) th¢ provÈsion of short-ierni XCODm14xtsti(m IOT Tnedical aTMI denlal studolts from Barts &)d Tbe Lon£km 8ch(K)l of Medicine and DentistTh Queen MaTh' Unii'crsits" of London a i'iai to ￿$1$1]ng students (ineluding EK)StJo aduatr studetts aDd [£￿nS enwed in re5¢anhl to obthjn a]Ml E*nefit from edU￿tiOn or pume r¢%areh at utiiversitres and other institutions of fi￿ther eduL7tioJL The eharitable puEwse utmler the Charities Act 201I is for the of citizethp and (x)rnmUDity development. The (Triff￿ Community Tru￿ {A Companv linjiled ￿. guarantee registered Tn F.ngland & Wales) Company r￿IstratiOn number. O?57?OJ9: LlJariTh' regisiraiiou llUULber. 1013308 Page 5 DIRF,cfoR8 ANNtIAI. RF.PORT the DI[￿10[5, R FOR Tlll." Y￿￿￿R F.ND. F.D 30 Ji,Th1." 20?? PIJBI.IC BTr.NP& The dir¢ctar% have refeTredta the￿lidaT￿¢￿Trntained iTt the(Itaritv C.(>mirii*sinn's.￿￿ernI.￿￿1￿￿nctnTj publtclmefit Thlten reijaiin(s our and obicctivcs and in platujino our fi]Èurc actiiitics. ID particular. the directors vi￿￿ that its iTrork integr*ing themedical anddentsl sfttd¢Dts Mith th¢eld¢rli' in thei'aTiousa¢liN'i¢ie5 Tunhas Ix>th socia] and learning bet2efits for th¢ di5FWate_groups. In plaTmii]g ow actiiities to encot]]PaSS this inteEration i&e i4ill COTrtinue to contribute to the a5ms a￿d objcctiYC5 we baTr"e 5eL VC)LLrtrrrE￿.ERs The dirfftor4 friendsof and 5tthts proNide llumetous seTh'ice5 atllo LX)&t The Griff]n Communiti. Tn]st relies on these volunteers forhdp in the ruDning of the LY)mparÈy'smany aL*l￿tie ACFllf..NT.MF.Kr8 AND PI.MORfvIANLE Ihe CThaTities MMTrrk ￿th tbe stttdents is almed ￿ iiavs lo improye the aLroMm(Nlatm>￿ Ththilst keeping thetn affordable. This intluded the staff ora loDg-terni project to upgrade theac¢x)mTnod&ion (or the bthefit of its studen¢ tenants. FOll￿￿ng the restrictions irnrx)sed b). the CoNid Pandemiq the Lharit¥ sd the sw¢knts the task to further d•'elop itna(sinatiYc and In0￿l0￿8 1I2I'S to interact iiith thc eldLYh' re5idcnts of IAllsbuTh" Lodgc a￿d ToNTbec Itall i*hilst ivorki￿- on 5afciTra!'s to opcn faee to face th'ents. The swdenrs accepEedthis challenge and￿￿ int￿aCt￿1th thereside￿ts on a one- to-one rneettng basÉ4 social cYenW ￿Well as long di5tsllc¢over tiK)bile COmmWLi¢)tÉi)I During thcyear. thc (Jwity completed the review oftheirArtide5 ofAssocialion. A fjnaneial res'iths undcrtakenmith the m￿'ementOf its imr5tments to a fijuy F.m'ironrllaJtsl. Social and thi'ernance {F.S(J) platfoTttL. This deN'elop￿tnI ¢nahld a mor¢ s￿la[11 rqx>nsible attitude for the chatit). t0kn7Tth its itht'estmfflt portfolÉo. The CTharity t%)ntiDued its 8reert initsative bi. its eDcrgi' suppl5. a nov I[￿ fully renewable supplicr. FNANCW. RF.VIF.W A uf the restjlts of the itsr's xctiiiti. Is gii'etton pz8e9 ofthe accouTr Income forth¢ ￿lod M7s £liO.073 (20?1 - £IJI >,121) and extthdimre and investment eains a deficil resulted of£58 (2021- £65.85? 5urplu5). IU.:SF.RVF.S POI.ICY Asof 30° June2(1?l ihe ChaTiI)' held£684.767 in unre51ricttsqtion& investraellt ino)tne and bank interest receii,rt afterdeductillg ext*nses on bjsincss and Griffin Elouse. RI.:51'RIL"I'I.'I) RI.:%I.:RVF:% FINDS-{￿¢ funth to be used foTa Specif￿ purwse or PT[>J￿I) The ￿frI￿ Flouse Fund Restricted Reserves isheld srLYifidl!' fortheir wrtx)se tn the ths'elopment of capital housing pmjeets. nje Griffin klouse capital ￿ti)D thetolanceofthe oriwo l gjm don&ed forhousingprojects. plusinierest adde(4 less expenditure aqaintt thisFllllssible. but ￿111 cnjoved bv all those hai'e allertde(L We M'ere particul￿1% delighi&l the (hrdth Partv iti June allmitd us 10 catch upwith s) many old fria￿. l ivould like lo thank the Griffln Lath. We5tbuTh." for ber Ongo[￿￿ SUPWrt and Coun￿7. to Gbeng￿ who dtspite being an oCt￿ll aivai,, has Still ellsured we hai'e a neKi' tOT]Stitution th* is fil for the 21° ceDIuTV: to Kat Price for her hard work and enthusiasm * dealing wth student 15s￿- *e d¢lighied to hear aiK)ui the recent birth of IJ¢r daughter g)phie; Proleswr BTian Coll'in and Judith Wa]k¢r for their •Jiice and guidanr¢: Steph￿ Rockhill and Toni. Pettit for ensuring sensible inveSt]n￿l and oveTseein? our finantts alldio Dart Regan for handiA? th'erthe f￿¥￿tI21 reigns so SM￿[hI￿. Dr Fabia Ll)an for b￿OrnIn? ourgoi'emance Ivdd and etssuring ourN)licies are up to date. Dr Claire Doi¥. for her aih,o(xcy ott dealu]gMTrth older￿PIe smdica] and s(Kial issues.17thsaisotoMs He]en 1)rArief (Tun3%van. and DrJane Her2ghtt. for their help and suprK)rt and to EIv4thcr Ill￿ our Sile Managcr, for keeping Griifjn Ilouse in order. I would akn like thematte Celestr Samarttsn &)ciety, r￿their ts)niiE)ued finaticia] sw)p)rt of our even Finalli, l ivould ITke its thank all ofthe GritTht Hou5C 5tu(ktrt5 i¥ho hai'e orwii5ed the evfflts and sutp)rted their elderlv n¢ighEx)UTS iiith such enthu5iasTn al￿ cn¢vTr' at a difficuli tiTn¢. tortacu]artY the 0￿gOIng thir. Jed AslLT¥WJ. We look io the Trexl l? Dr Veronic3 l.C White ChairtnaTr. Gr]if￿ LollJllLulliC)' Tru IX Noveo)F*r 202? The (iriffin Com]nunitY Tn￿ {A ComFranTr' lin)itcd ￿. guardnte¢ registered in IAiglaud & Wal¢s) Lomp8n)' ￿.iStratiOn number. O?57?039. CTharin' r￿Us1ratiOD numbLr. 1013308 Page 8 UAI.tFIED REPORT OF THE tNDEPFNDFKf EXAMTNER TO TItE MEMBEILS OF Tlll.: CIRIFFIN COMMtINITY TRIIST LIMfrF.D ch3Titshle cotn "inb and & Wales ndtpendent ￿a￿]neWS Rtport tts the Dire£tors of The GrKtrw C.OmmUDity Trnst I rep)rt to the elwity directors on my exajnillation of the accounts oftt￿ o)mFODy fortheycar cnded 30 June 2022 iyhidi are set out on paoe5 9 to 17. RtSPODsibilitKs #nd basis of report As the eharity direc￿ of ¢QTnpallY you are restmsible for the prep￿10￿ of tbe accounts in actordance iyith the requirements of the Compantes Acr 2006 (:the 2￿)6 Aa.). Flaving satisfjed myself thatthe acCo￿ts of the{￿paDY are JMTrtrequit•Jlo be audited utth Part 16 of the 2006 A￿ and are eligible for indepcndent £yaMinatio￿ I rqK>rt in respect of mi exa￿lE￿tion of Nour ￿mPanY'S a¢wunts as Cdrried out ersettioll 145 ofthe LTharitiesAct2011 ("the?01 l Aet-).In car]ving outrns. examithqtion I have lollowed tb¢Directions giveo by the Charity Cornmission uuder Section 14S5)(b) ofthe 2011 ACL Indtptndent examiDer'5 Statement have completedrn} examin￿10￿. l LX>Dfitm Ihal rKJ njatters h&'e¢om¢tO￿V attention in (x)nneaion Th7ththe £YaoJi￿tion giving rne causelo beli￿,e th* ill all!. material a¢eOLmtino rea)r(L8 M'ere TK>t kept in resteL% ofthe company 05 rcquirryj bi. sedion 386 ofthe 2fTh A￿ or the accounts do not accord with those recor￿ or tILe accounts do nol cotnpl) iiitb the acts)Unlitig ra]uirCffjl￿ of s&%ion 396 of the 2(M)6 Act other th&) any requiretn¢nt thatthe accounts gil'e a'trueand fairiiew Mtii¢h I$￿ta ll￿tter 0￿S1dLyedasP?rto[ all illdeF£nde eX?￿inatIo￿ or the accounts have not befflt prepwed in accordan¢e ivith the meth(MLs ond winciple5 of the stateD￿llt of Recommended Practice for accovlltinÈ a)d I￿￿]ng bi. Ch￿ItIeS applicable to cbzrities prep￿En0 their accounts In a£L(Ird3nce 111th theFi]M)ci3E RetK)rtill(p Standardapp]ieable in thelFKandRepublie of Ireland (FRS 102 (IA}). E have no c(trnLrms aTLdhave eome acro&s ￿ other ttEatters tbe examination to Htit¢h ￿t￿tIon Should I dramn in this rey>rt in order io enable aprop¢t ￿ ofthe atcoU[￿ to ￿reathellHou5e Station Road Ch￿ord London E4 7BU The Griifm Coll1￿Untty Trust (A Companv limiiedb!. guarantee regtsttsttt Tll FJtgialld & Wale5) Company regtstration n(ulltKr. O?572O39. ChariTh' ffgi5tration number: I013i08 Page 9 STATFAMF.Nf OF FIWCIAI. AcnvrtIFS ONCLUDING INCOMF. & pxpFNprrtJRF. ACCOIJW FOR TFIE YTr￿R FM>b.D 301H JtJNF. 2022 202? Restrtcial lJntestrictrd Total Fwids Funds Funds 2021 Tthtsl Funds Not Income F.x nditure Income en{bi￿llents from." Donations and le8ae2es 30 20.030 15.¢JX) Cljaritsble acti￿ll¢S 107,749 107.749 89,595 Invesbnents i? 22294 Tota] income and endoiiments 150 n73 120 1?1 enditwe on: Raising funds.. Investh)ent managemcni (x)sts 3.679 3,679 3,260 Cl)arithble aaivili¢s 34.(AJ2 74.400 109.002 99.961 8269 8269 Total ex￿ndI￿re 120 95Q 110965 Net gaittsl{losses) on iniye#ments 13 Net incomel{cxrenditure) (14)￿)) 14.53? {58) 65,'852 on activities Net movement in fi]nds 17 {14.590) 14,532 (58) 65,852 ReconcilialioTr olfvn(L8= Total fi￿dS br(yJgbt foThYard & i. Julv ?021 17 953,725 887,873 Tthal funds carried forward at 31P Jutte ?022 17 268yAI 1584.767 953,667 953,72.5 All income and ex[￿dIt￿re derÉve from LX)ntillUiD8 aL*ivitie5 and rq)rtsents restricted and unrtstrÉcted fimd5 ofthe eharity. Therethrre no Teiy)gDiS¢dgainsorlos5e5 oth¢r shown inth¢ State￿¢￿40f FillaDcialAdivitie5 fortheyear ended June ?022. The notes ott pges 12 kn 17 forni part of these ftytsncial ststements. The Gri￿l￿ Communstv Trnst {A Com)￿￿. limÈtedbN" q]arantee registered in F￿g1alld & Wa1¢5) Lotnpany registraiioll number: 0257?039. CThariti' registration number. 101)308 Page 10 BALANCE SHEET 30Th JtWE ?0￿9 Totsl Funds 2022 Total Fttnds 2021 FIX8D ASSETS 12 13 332.733 346,288 574 1?0 Investments Total fixed assets 8g>.893 920.408 CURRTrM ASSETS Debtors Cash * baT& and in knd 14 5.349 85.435 Totsl ¢urrent 855ets LtABll.ITIP.S Creditors: Amounts falling (kne iyithin one s'ear E5 oio NTr.T Ctnudified to include certain itetns at lairva]ue. I￿¢ r]nantial statements are presl￿ted in sterlin8iithieb 15 the f￿￿tional cuntnu. ofthe Ch￿]15. and rounded to the nearest £. The SI￿lf1£an1￿cl￿1￿￿t1ll.0 ￿)]1¢1¢$ 4)plied Fyqkfdtionof these fJ]kqllcial statctna)tsare setouibeloiN. These FK)licies h￿'e been coll5i51enllJ applicd to all )'eaTs wJle&s o11￿17st sthie(L (b) Funds Unrestricted funds are available lor ￿ at the dIS¢rai￿ of the direew￿ in fiutheranee of tbe gaka3] tibiectives of the charits. atld ￿h1th h￿.¢ not been desigDated forotherpwtAIs Restricted are funds i&hi¢h are io be used in acts)r(kn iiith S￿e[fiC re5triciions imyjsed ￿. £bnoTS or ivhich have been raiscd bv the charih. lora partinLlar puru>s& The CO￿ ofrdisiDg and administering such fi]ndsar¢ ¢l)arged agaittstthe specific fun(L The aim us¢ of each restttaed fiuKi is sd oul in the Directs)rs AnTLual ReJx)rt. (e} Incowe retogni￿n All incotning resourcts are in¢]Ud￿ in the Statan￿1 of FiDallcial Actii'iiie5 (SOFA) ￿tsert the clwity is legall). cntitled ts) the inco￿¢ after an). )xrfonnanr¢ conditions h*."e been mel th¢ a#M)Ullt cdn k me•surcd rdiabl!,, and it is probable that tbe in¢ome be receiN' i) All grants receii'able are eredited ￿ the ty)LYTrme and &Y￿1ture awourrf to which tb• relate provided rwrspl is Certa1￿ measurable & the cknritv has ffltÈtlement. is) Ik>nations rweii'ed ￿lder Gift Aid together the thxiatrd iDtome tax re(%)veries are credited to the income and expendiure ac(x>unt inthc)M of rtceipt of the th)natI(￿. iii} Rental income is credited to the fmanciaj }￿r in ￿th1£h it rel* iv) Investment income relales to monev held inthe CafGold th￿>511 bank aceount as w¢ll &8 incomc generated on the charity's ini'estsnents. (d) ExpeTrditure rtco%Ditio Ail ex￿iditurC is aceounted foron aE] acc￿￿lsbaS1s andb&s classifi￿1 UDderheadingsthat 4Jegate ail costsrelated tothe trdteuori. Fdxptyditure isrecognisedilherethere isalegal orcoDstruclii'tobliWioniomakepavmentstothirdparties. it is probable tba¢ the settlement ivill be re￿tir￿L and the amount of the obligation cau be ￿t¥s￿r&I reliably. EYt*nditure iti¢llldes all irr£cov¢r4ble VAT. The CommuJih. T￿￿ (A Cornrrdm." limTted bv w]ardntee ￿]Ste￿I in & Wal¢sl co￿panY registrdtioll nutnber. 02577039. Cknin. regi5trafjon nutnber: IOJ3308 Page 13 IIIF, CTRtFFIN COMMifNITY TRIIST NOTF.8 TO TIIF. ACCOIJNf8- 30- JtJNE 20?? Losts ol'raisittg fi]n(ts wmprise investsneDt costs relative to the charifv's investrftents. ctMritable expertditure compTiSe5 all expendih]redircctfv rclated to theobiectsof the charitv. &)i'emance costs in¢ludethe Costs of goi'emance arrdnge2nent4 which relate kn the g¢llcral nuJuitJg of the dwity as OPFosedio the direa M￿￿gement fimctions tnherent in gcneTaiing fund4 5m.ice (kliveTh' and pro￿¢ or projed 14ork. lthese aetii'ities proi'ide the gos'ernance infrdStruttur< li￿lch alloThB thc ctwiti. to ortratc alld to ocncrat¢ the inforniation rt9u￿cd for publi accountabilil>'. Tht). include the 5trat4v Pla￿llEn￿ proccssts that contribute to fi]twe developmeniof the ch8ritv. Supry>rt COS￿ inelude the centra] fimdions such as gcnwal tllanageffjent athniThistratioD. budqeting and accountin infomatiim) technolo¥)', and financin?. 8upwrt Ix)sts ¢k) no( in th¢Tns¢lve& constitute an actiiryt%': instea the Griifm Ilouseacli%its' on th¢basiS tIMtall LX>5tSTelating￿ s￿dentACtiV1tieS are a]read) dtrectty attrib￿co kn this ac¢iTril)'. 10 .8tnTltt$ 14 kind No a¢¢ounl is taken of the gJbstantial contributÉon5 made b!. the dIreL#0￿ friends of Grtffin and students who provide numerous seTh'itts free of ¢harge a5 volulliee Ig) Tangibl¢ f￿¢d assets Tangible fixed d55ets are 5tsted at C051 (or deetned cost} acc[￿￿Ulaled ¢1erffeCÈ￿0Tr. Cost inclth costs dire¢tli' atiributsble ¢0 Tnaking the a&fd otobje of ortratino as inte￿k Depreeiation is proi'idol on oll tangtble r￿ed asse￿ & ratrs ol¢u]ated off the less e5till￿tCd residual val f L￿) 8$5et on a s!'Slctnati¢ basis oi'er its exp¢rted usrful lif¢ as *ated heloiv. Thue És a fu]1 vear's provi5ton in thc vear of purchase. ()nl}' expenditL￿t grealer th3Tk £51YJ opitsl 15 L¥italiseme and Lwdtture is sutficiem ￿1th the lu'el (>f resttves for the cERrity lo b¢ ablc to cl￿tinUe as a ￿01￿0 COn￿rn. IX)NATtON8 IN KtNr) As reported noie I (fl The Gril￿ Cornmunity Tn￿ relics on ￿-tIMe3.01u￿Ie￿5 for help in the ofthe The Gri￿l￿ Cornmllnin. Tnt￿ (A COm]￿ny limitedbs quatantre registeted in Fm813nd & Wales) CompanN' rtgistraitott number. 02572039. Chariti, registr*ion numbcr. 1013308 Page 14 T]IE GRIFFIN COMMtJNrrY 7RUST NOTES TO THF. AccoiJNfs. 30TtI JtJhE 20?? tNCOME FROM IX)NATIONS AND I,F,GACIF.8 Restrieted u￿restr￿￿ed Totsl Trua(ts FUD 2022 Total tknnation5 30 4. INCOME TrIiOM CHARITABLE ACTivnIF,S Restyi¢trd lJnrestri(knJ Totsl und Funds 20L? Totsl Griffin EIouse tenta] illCOllLe 1023A9. 107J49 Restric*d unrestr1d￿ Total Fund5 To¢a] Schroders distnl￿ti0rt E.'levate portfolio distrilwtion Interest rettived 18.570 3.680 18.570 3.680 10.150 5 J7? I5￿2fi ISllre5trided Total Funds 2022 Totsl Fuod5 Portfolio managemettt fees R(￿l¢￿d UDrestrided Totsl Fuuib Punds Total 2021 Griffin Ilouse LAciii'it)' IJ Washinq Machine Lease Griffjn HO￿Se Nlaintet2ance utilities Insurdrtc¢ TV lJi¢enc¢5 8iie Ma]Jager Depreciatton 2.144 2.144 ?1.611 12,648 2,194 945 7500 23,588 16.4?6 17,034 17.034 259? 954 7JOO 26.294 954 7J( ?6294 Garden C05t Suprort costs (Note 8) 27 74 4L¥) ILM)ffi9.4 Student acttvities Student activities Supwrt W5ts (Note 8} Activi 8J08 8308 1,742 Jw? The Griffjn G)mmuniti, Tn]st IA CompanTr ItEDated h" guardllteertgtslered in FJxglaThl & Wale5} Company re8istrdtion number. (Y)572039, Chari1)' regi5trdlioD nuTrthLT: IOI3308 Page E5 THF. GRlbPIN COMMUNtfY TRIJST OIF.8 T() I'IIF. ALLX)ITNT8- 30- JiTNE 2022 . AI.I.OCATION OF SIFPPORT COSTS Griff Student Ilo Aetii'ities {A￿1vit5. l) (Aetii'ity 2) Tota] 2022 Totsl 2021 Aceountancv and AdmirithiioD Poslage Stalionern. Telephone I.e￿al &. Professional Bajjk charges 20.0(K) 296 378 4,081 2,851 144 27.75Q 16,490 49 226 4.074 6.667 83 ?7.589. 378 4,081 1851 9. G()VLRNAhTCE L￿$T Total ?022 l-otal 2021 Fullds Aceountancy and Administrnlion Inder￿ndent b￿a￿ll￿tiOn Fee meetin￿ b.xpcnses 4.000 4.(KK> 4.0(K) 4.( ?69 8269 4,000 3,6(K> 144 1269 10. NE.'T INCOMEJ{FXPF.Nk Dtrt]RF.I FOR THF. YPAR Nct inLX>mal{exrendi￿[e) Is Slatcd after cha1¥[n￿((Tedits￿g). Total ?0?? Total 2021 Dcpreciation of tan.Thle fjxcd assets 23.588 I I. tNDTrTrFNDFNf F.XAMINFRS PTr.ME5NFJATION The indcpttxdent examinets remiineT31ion an Inde￿dent ex•iJiDation fee orL? {2021- £2.0(X)) d accountaTIci' 5eTr'ices of £1:800 {?021- £1.61M)). 12. I'ANGUILL FlXtD ASSI.TS l.e&sehold I.and 8rKI Buildt Wjxtures a￿1 Fitiin ui Cost Al I. July 2021 Additions 596,657 173,L?2 13,136 783,015 1?.739 795,754 264 795.490 596.657 185.961 13.136 Disposa15 AI 30 June ?OL? 596.657 181.697 13.136 Depreeiatiot) . ?021 137.818 13.136 436,7?7 264 436.463 Disp)salb' 137J54 14361 151215 13,136 Cbarge foT the %' At 30th June 2022 11.933 .13J36 et BLX)k Value AI 30° June ?021 {￿w¢L) 31Q.384 35.4(4 At 30th JuDe 2022 {CIFw(L) 298 33? 733 There iyere Iyita] (mimitmettts authorised entered It￿0 at the i'¢ar-￿d e021￿]1}. All asgeis are held for tharitsblc The Griffin Cotmnurtin. Tn￿ (A CompknTr limTied b!, guarantee registtredin Englalld & lA'a1￿) Compan). registration nutllb¢r. Q?J7?039. Ch￿1￿. registr*ion TWttLb¢r. 1013308 Page 16 THE GRIFF￿ COMMtJNtrY TRUST NOTES TO TIKE ACLOUNfs- 30TH JUNE 20?? 13. INVESTMENTS Markd Additions at Diwals ai Rffialuation Value OMV Ga]￿(lA)sS} 2021 Market Va]lle 2022 SclJrod¢rs Invtstmenl Fund Elevate Portfolio 298.830 ?75_*90 574.12Q ?85.840 ?6.510) 7.f90 558,160 27? 29Q?(y) Inv¢5ttn¢nts at fairvalue comprisv. 20?2 2021 Listed investments Cath wttbin ini'estment wrtfolio 558.160 574.208 88 57L12Q GaIt￿loSSeS on disp)sal of im'¢slmeDts and unrealised gaiD&qosses on revaluation: ?022 2021 4,920 28 132 LOS￿ OD thsrosal of itivestments unr￿lS¢d gai]ts on rn'ajuation ISnrea]i5ed lo&ses on M'aluatioD 57.413 £613) 56.8(K) Nei gaiL%l(10&8es) on ini'esthia]ts 14. DEBTORS ?02? 2021 Acfflrd dividen¢l8 British Gas 5J49 15. CREDITORS: AMOUNFS FALL￿G DUE WITHIN ONE YEAR 2022 2021 Trade creditors ACe￿alS Deferred income (Note 16) Prepaid dwsits Damage deposits 6.958 4.0(M) 9,047 2250 6,8( 3,600 8.145 5(K> 5.755 The Griffm Colltmunity Trust IA Colnpny limited by guardllteeregistered in Engla￿1 & Walas) Compatty registration nutnber. (P572039. Chariti. regisiTaii(UL DwDber.' IOI3308 Pagc 17 TIIF. CTRIFFIN COMMUNtrY TRIJ8T NOTF_S TO TItF. ALLY)IfNf8- 307H JUNE 2022 16. DF,FI.;RRED INCONfj.* et I Total At l Ju]Tr. ?021 Additions during thel'ear A]nounts released to ing)llJe At 30 JUAC ?02? &145 9.IH7 8.145 9.047 9,047 17. FUND Rf.£ONCIt.IATION lJnre5trictcd funds BaIance l Juli. Movemetti in Reg)urirs Ba]ance 30 June Unrestricted 670115 I30.￿￿ £29.181J 684,767 R¢￿itted rtmds Balan£ l Jujv 2021 Balance 30 June 2022 Gain The CTriffJn Ili)use Fwld SIL￿¢[￿ ACtI￿l¥ Fund 283.490 (26.2941 257,?08 11.092 ?68,900 ?O.(XK> (34,602) lJnrestricted are available for use at the discrdion of thc di￿£￿ iti fiJrth£m¢e of the gfneral objeetii'es of the charity and have rLOt betn designated for anv p3rtIcul￿ pwtK>s& Th¢ Gritrjtt HO￿Se Fund c￿lIsh￿ in 1995 to Effo￿de f[￿ a project to red￿'eloP a IK>me for the elderlv and a community. eentre ai I￿]￿bIll!. l.(xJg< incorwrdtRDg a Du￿￿of stu(knt resida)ce The Student Actii'ity fi￿d is finanttd bv th)NatTOllS specificall). for Stsjdent actisities in the optr*ion ofthe ￿aritIeS objective5. Any exr*nditure in extek% of thtsc (kjnalions 15 full¢kdby the uDrestricted fll￿L 18. ANALYSIS OF fvFfASSF.TS BFfWF.FN FtJND8 [JJJr￿tr[c￿I fits￿8 Re￿ri￿ed fimds Total Fixed assets Net cU￿¢￿t as5etsl{liabilities) 268.900 890,893 6?.774 953.667 19. RELAITr￿ PARTIES TRANSAcfIoNS The directors dÉd not make any (k)na￿ thrythout C￿dIllonS kn the chaTits. this acLYM]nting i'ear{2021- £Nil). There M'ere no tsth¢r r¢latLry] party trat￿L￿OnS d￿]ng the wirKI (2(PI . £Nil). 20. F.)TrF.NSLS AND RL.MbThTrJiATION PAID TO DIRTr.cfoR8 No direetorrettived for attendingJDtttinJa thJrin8 the peri(xl (2021 . £￿￿). Neither dÉd direcloT reccive reM￿cTatiOn or iw¢fits (2021- £Nil). 21. STAFF Tl)e ¢ltsTit} does not cmplov aD}' Statr{2021- £Nil). The Griffin Cornm4]n3ty TnESt {A Compnv limitedby #￿tte regtstered Tll F￿ & Th'alcsl Cornpany rcgistratson n￿ber. 025V039, ChaTit)' W51ration n￿[￿b￿. 1013308 Page 18 TIIE GRITrTIN COMfvFUNrrY TRUST DETAILID LNCX)Mt.: ANI) I.:XPI.74Drrt]RF. AccouKr FOR TEIE YL4R ENTDED 30 JLYNE ?02? This d(Ys llot fotlll P￿Of the slalulory ac(x)unts. 2021 Donations- 20.030 107.749 104595 127.779 GUTrTr.RNANCF. AND SUPPORT COST Administration ItWC5tsnent nwia8ement fees Trdvel attd s￿bsistence Acc(>utttsncY and adminis1r*ic￿l Inder*ndent F￿aM￿ation Fee Postage T¢l¢phon¢ Stationery Bank Charges I,egai & Prufe55iona] Offi¢e & Meeting 3.679 3260 24.1MM) 20.4 3.600 49 4,074 226 83 6,667 4.081 378 144 1851 269 INCON(F. AVAIIABLF. FOR CHARrrABLE FJPF,NDrrtlRF. 88.081 66,IK)2 lJnre8tricted 301h Amiiversary Dijjn Griffin Houst Sitc Manager MainieJk￿Ce Utiliti( Insurance 75￿j 16.4•6 17.034 ¥92 7.5(K> ?l.611 12.&18 2.194 Washing Machine Lease T V Lieenees Student Activities 2.144 954 2.144 945 1.74 Rcstricted Depreciation 30th AnnjN'er$3ri' Dint Smdeni artix'ilie5 23.588 8.308 8125? 6.829 72.372 (6.370) 15.526 OPERATJNG Surplusl IDefj¢it) for the ye4r lttierest & InK'esitnellt Incoinc lrtvr51Thrnt (Ios51 I gains su]plU￿ (Deficit) for thevvar 65.851 The CoTJJmtinity Tru￿ (A CompaTTh.' limiied M. guarantee rcgiste¥ed in litgland & Wale5) Comyall). registration 02572039. CbariTh' r¢gists*ion numb¢F. 1013308