## |||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|5| |Report ofthe Independent
Auditors|8|to|9| |Statement ofFinancial Activities||10|| |Salance Sheet|||| |Notes tothe Financial Statements|12|to|18| |Detailed Statement of Financial Activities|19|to|20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| |||||Unrestricted|Total| |||||funds|funds| ||||Notes|6|| |INCOME AND ENDOWMENTS||FROM|||| |Investment
income||||290,919|283,077| |EXPENDITURE ON|||||| |Cost ofgenerating
funds||||56,172|25,228| |Charitable
activities|||||| |Charitable
Activities||||79,846|49,604| |Total||||136,018|74,832| |Net gains on investments||||390,227|269,861| |NET INCOME||||545,128|478,106| |RECONCILIATION|OF FUNDS||||| |Total funds brought|forward|||12,504,677|12,026,571| |TOTAL FUNDS CARRIED FORWARD||||13,049,805|12,504,677| ## |||2022|2021| |---|---|---|---| |||Unrestricted|Total| |||funds|funds| |FIXEDASSETS|Notes|6|f| |Heritage assets
Investments||7,987,662|7,952,381| |Investments
Investment
properly||1,372,179
2,309,500|1,292,483
2,924,500| |||11,669,341|12,169,364| |CURRENT ASSETS|||| |Stocks
Debtors
Cash at bank|10
11|619,323
67,474
790,289|4,323
109,275
333,943| |||1,477,086|447,541| |CREDITORS|||| |Amounts
falling due within one year|12|(96,622)|(112,228)| |NET CURRENT ASSETS||1,380,464|335,313| |TOTAL ASSETS LESSCURRENT LIABILITIES||13,049,805|12,504,677| |NET ASSETS||13,049,805|12,504,677| |FUNDS|13||| |Unrestricted
funds||13,049,805|12,504,677| |TOTAL FUNDS||13,049,805|12,504,677| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |INVESTMENT INCOME||| |---|---|---| |Rent receivable
insurance
recharged
Income from other investments
Dividends
received
Deposit account interest|2022
233,369
2,789
12,447
42,287
27|2021f
220,831
5,028
18,404
38,811
3| ||290,919|283,077| ## ## ## ## ## |||2022|2021| |---|---|---|---| |Portfolio fees||6|6| |Property
insurance
General management
Property expenses
Sundries
Bad debts|fees|10,367
4,828
15,251
20,833
1,219|10,676
5,877
14,668
(19,425)
2,432| |||3,674|11,000| |||56,172|25,228| ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| |Trustees' expenses||||6
1,849|655| |COMPARATIVES||FOR THE STATENIENT OF FINANCIAL ACTIVITIES|||| ||||||Unrestricted| |INCOME AND ENDOWMENTS|||FROM||fundsf| |Investment
income|||||| ||||||283,077| |EXPENDITURE ON|||||| |Cost ofgenerating|funds||||25,228| |Charitable
activities|||||| |Charitable
Activities|||||| ||||||49,604| |Total|||||| ||||||74,832| |Net gains on investments|||||| ||||||269,861| |NET INCOME|||||| ||||||478,106| |RECONCILIATION||OF FUNDS|||| |Total funds brought||forward|||12,026,571| |TOTAL FUNDS CARRIED FORWARD|||||| ||||||12,504,677| ||||Page 14||continued. ..| ## ## |||F|OR TH|
E YEAR ENDED 5APRIL 2022|| |---|---|---|---|---|---| |7.|HERITAGE ASSETS||||| ||||||Total| ||MARKET VALUE||||6| ||At 6April 2021
Additions||||7,952,381| ||||||35,281| ||At 5 April 2022||||7,987,662| ||NET BOOK VALUE||||| ||At 5April 2022||||7,987,662| ||At 5April 2021||||7,952,381| |8.|FIXEDASSET INVESTMENTS||||| ||||||Listed| ||||||investments| ||MARKET VALUE||||f| ||At 6 April 2021
Additions||||1,285,717| ||Disposals
Revaluations||||114,982
(210,129)| ||||||181,609| ||At 5April 2022||||1,372,179| ||NET BOOK VALUE||||| ||At 5 April 2022||||1,372,179| ||At 5 April 2021||||1,285,717| ||There were no investment|assets outside the||UK.|| ||INVESTMENT PROPERTY||||| ||FAIR VALUE||||| ||At 6 April 2021
Reclassification||||2,924,500| ||||||(615,000)| ||At 5 April 2022||||2,309,500| ||NET BOOK VALUE||||| ||At 5 April 2022||||2,309,500| ||At 5April 2021||||2,924,500| ||Fair value at 5 April 2022 is represented||by:||| ||Valuation
in 2019
Valuation
in 2020
Cost||||E.
(90,630)
(1,279,500)
3,679,630| ||||||2,309,500| |||||Page 15|continued. ..| ## ## ## ## ## ||||||| |---|---|---|---|---|---| |10.|STOCKS||||| ||Stocks|||2022
f|2021
f| ||Assets held for sale|||4,323
615,000|4,323| |||||619,323|4,323| |11.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| ||Trade debtors
Bad debt provision
Other debtors
VAT|||2022
f
63,054
(24,174)
27,831|2021
2
119,371
(20,500)
10,404| |||||763|| |||||67,474|109,275| |12.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||| |||||2022|2021| ||Taxation and social security
Other creditors|||6
96,622|6
11,503
100,725| |||||96,622|112,228| |13.|MOVEMENT
IN FUNDS||||| ||||Net|Transfers|| ||Unrestricted
funds|At6.4.21
6|movement
in funds
f|between
funds
6|At
5.4.22
F| ||General fund
Designated
Funds|11,932,597
572,080|605,253
(60,125)|(174,719)
174,719|12,363,131
686,674| |||12,504,677|545,128||13,049,805| ||TOTAL FUNDS|12,504,677|545,128||13,049,805| ## ## ## |Net movemen|t
in funds,
includ|ed
in the abov|e are as follows:|||| |---|---|---|---|---|---|---| ||||Incoming|Resources|Gains and|Movement| |Unrestricted|funds||resources
f.|expended
f|losses|in funds
f| |General
fund
Designated
Funds|||290,919|(75,S93)
(60,125)|390,227|605,253
(60,125)| ||||290,919|(136,018)|390,227|545,128| |TOTAL FUNDS|||290,919|(136,018)|390,227|545,128| |Comparatives|for movement|in funds||||| |||||Net|Transfers|| |Unrestricted|funds||At6.4.20
f|movement
in funds
f|between
funds
f|At
5.4.21
f| |General
fund
Designated
Funds|||11,594,535
432,036|508,062
(29,956)|(170,000)
170,000|11,932,597
572,080| ||||12,026,571|478,106||12,504,677| |TOTAL FUNDS|||12,026,571|478,106||12,504,677| ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| |Unrestricted
funds|resources
f|expended
f|losses
f|in funds
f| |General
fund
Designated
Funds|283,077|(44,876)
(29,956)|269,861|508,062
(29,956)| ||283,077|(74,832)|269,861|478,106| |TOTAL FUNDS|283,077|(74,832)|269,S61|478,106| ## ## ## ## |current year 12 months
and prior|year 12months combined
positio|n isas follows:||| |---|---|---|---|---| |||Net|Transfers|| |Unrestricted
funds|At6.4.20
8|movement
in funds|between
funds
f|At
5.4.22
8| |General fund
Designated
Funds|11,594,535
432,036|1,113,315
(90,081)|(344,719)
344,719|12,363,131
686,674| ||12,026,571|1,023,234||13,049,805| |TOTAL FUNDS|12,026,571|1,023,234||13,049,805| ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| |Unrestricted
funds|resources
f|expended
8|losses
8|in funds| |General fund
Designated
Funds|573,996|(120,769)
(90,081)|660,088|1,113,315
(90,081)| ||573,996|(210,850)|660,088|1,023,234| |TOTAL FUNDS|573,996|(210,850)|660,088|1,023,234| ## ## ## ## |||FOR THE YEAR ENDE|D 5APRIL 2022|| |---|---|---|---|---| ||||2022f|2021| |INCOME AND ENDOWMENTS||||| |Investment
Income||||| |Rent receivable
Insurance
recharged
Income from other investments
Dividends
received
Deposit account interest|||233,369
2,789
'l2,447
42,287
27|220,831
5,028
18,404
38,811
3| ||||290,919|283,077| |Total incoming resources|||290,919|283,077| |EXPENDITURE||||| |Investment
management||costs||| |Porffolio fees
Properly insurance
General management
Properly expenses
Sundries
Bad debts|fees||10,367
4,828
15,251
20,833
1,219
3,674|10,676
5,877
14,668
(19,425)
2,432
11,000| ||||56,172|25,228| |Charitable
activities||||| |Grants to institutions|||60,125|29,956| |Supportcosts||||| |Nlanagement||||| |Trustees' expenses
Management
fees|||1,849
5,195|655
4,996| ||||7,044|5,651| |Finance||||| |Bank charges|||56|10| |Governance costs||||| |Auditors'
remuneration
Insurance
Management
Fees|||7,000
426
5,195|8,000
991
4,996| ||||12,621|13,987| |Total resources expended|||136,018|74,832| |Net income before gains and losses|||154,901|208,245| ## |||FOR THE YEAR ENDED 5AP|RIL 2022|| |---|---|---|---|---| ||||2022|2021| |Realised recognised|gains and losses|||| |Realised gains/(losses)
Realised gains/(losses)|on fixed asset
on investment|investments
property|181,609
208,618|269,861| |Net income||||| ||||545,128|478,106|