| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 4 |
| Report ofthe Independent Auditors |
5 | to | 7 |
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 10 | to | 17 |
| Detailed Statement ofFinancial Activities | 18 | to | 19 |
| FOR TH | E YEAR | ENDED 31MA | RCH 2023 | |||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | E | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Investment income |
390,586 | 5,647 | 396,233 | 403,200 | ||
| EXPENDITURE | ON | |||||
| Raising funds | 21,191 | 21,191 | 23,620 | |||
| Charitable activities |
||||||
| Support Costs | 303,968 | 303,968 | 214,789 | |||
| Governance Costs |
7,839 | 7,839 | 14,679 | |||
| Total | 332,998 | 332,998 | 253,088 | |||
| Net gains/(losses) | on investments | ~210,726) | (210,726) | 467,108 | ||
| NET INCOME/(EXPENDITURE) Transfers between funds |
12 | (153,138) 13,742 |
5,647 ~)3,742) |
(147,491) | 617,220 | |
| Net movement in |
funds | (139,396) | (8,095) | (147,491) | 617,220 | |
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
5,993,548 | 149,348 | 6,142,896 | 5,525,676 | ||
| TOTAL FUNDS | CARRIED FORWARD | 5,854,152 | 141,253 | 5,995,405 | 6,142,896 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | f. | ||||
| FIXEDASSETS | |||||
| Tangible assets | 8 | 1,721,557 | 1,72l,557 | 1,650,211 | |
| Investments | 9 | 2967409 | 2,967409 | 4 064305 | |
| 4,688,966 | 4,688,966 | 5,714,516 | |||
| CURRENT ASSETS | |||||
| Debtors | 10 | 24,824 | 24,824 | 286,247 | |
| Cash at bank | 1,192,482 | 141,253 | 1,333,735 | 351,421 | |
| 1,217,306 | 141,253 | 1,358,559 | 637,668 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
11 | (52,120) | (52,120) | (209488) | |
| NET CURRENT ASSETS | 1,165,186 | 141,253 | 1,306439 | 428,380 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 5,854, 152 | 141,253 | 5,995,405 | 6,142,896 | |
| NET ASSETS | 5 854 152 | 141,253 | 5,995,405 | 6.142.896 | |
| FUNDS | 12 | ||||
| Unrestricted funds: |
|||||
| General fund | 4,132,595 | 4,343,337 | |||
| Capital Fund | 1,721,557 | 1,650,211 | |||
| 5,854,152 | 5,993,548 | ||||
| Restricted funds: | |||||
| Renewals Fund | 141,253 | 149,348 | |||
| TOTAL FUNDS | 5,995,405 | 6,142,896 |
| NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 31MARCH 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 31MARCH 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 31MARCH 2023 |
||||
|---|---|---|---|---|---|---|
| 7. | COMPARATIVKS | FORTHE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||||
| funds | fund | funds | ||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Investment income |
390,713 | 12487 | 403,200 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 23,620 | 23,620 | ||||
| Charitable activities |
||||||
| Support Costs | 214,789 | 214,789 | ||||
| Governance Costs |
14,679 | 14,679 | ||||
| Total | 253,088 | 253,088 | ||||
| Net gains on investments | 467,108 | 467,108 | ||||
| NET INCOME | 604,733 | 12,487 | 617,220 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 5,388,815 | 136,861 | 5,525,676 | ||
| TOTAL FUNDS CARRIED FORWARD | 5,993,548 | 149,348 | 6,142,896 | |||
| 8. | TANGIBLE FIXED | ASSETS | ||||
| Fixtures | ||||||
| Freehold | and | |||||
| property | fittings | Totals | ||||
| f, | ||||||
| COST | ||||||
| At 1 April 2022 | 2,535,109 | 325,238 | 2,860,347 | |||
| Additions | 123,707 | 123,707 | ||||
| At 31 March 2023 | 2,535,109 | 448,945 | 2,984,054 | |||
| DEPRECIATION | ||||||
| At 1 April 2022 | 901,871 | 308,265 | 1,210,136 | |||
| Charge for year | 42,702 | 9,659 | 52,361 | |||
| At 31March 2023 | 944,573 | 317,924 | 1,262,497 | |||
| NET BOOKVALUE | ||||||
| At 31 March 2023 | 1,590,536 | 131,021 | 1,721,557 | |||
| At 31 March 2022 | 1,633,238 | 16,973 | 1,650,211 |
| FIXEDASSETINVESTMENTS | ||
|---|---|---|
| Listed | ||
| investments | ||
| MARKET VALUE | ||
| At 1 April 2022 | 4,064,305 | |
| Disposals | (886,169) | |
| Revaluations | (210,727) | |
| At 31March 2023 | 2,967,409 | |
| NET BOOK VALUE | ||
| At 31 March 2023 | 2,967,409 | |
| At 31 March 2022 | 4,064,305 | |
| All investments are listed ou the UK stock exchange. |
||
| Cost or valuation at 31 March 2023 is represented |
by: |
| Listed | |||
|---|---|---|---|
| investments | |||
| Valuation | in | 2023 | (4,884) |
| Valuation | in | 2022 | 292,873 |
| Valuation | in | 2021 | 279,420 |
| Cost | 2,400,000 | ||
| 2,967,409 |
| Ifthe listed investments had not been revalue |
d they would have been included at the following h |
istorical cost: |
|---|---|---|
| 2023 | 2022 | |
| Cost | 2,400,000 | 3,200,000 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Sundry | creditors | and | accruals | 52,120 | 209,288 |
| MOVEMENT | IN FUNDS | ||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/4/22 | in funds | funds | 31/3/23 | ||
| Unrestricted | funds | ||||
| General fund | 4,343,337 | (100,777) | (109,965) | 4,132,595 | |
| Capital Fund | 1,650,211 | (52,361) | 123,707 | 1,721,557 | |
| 5,993,548 | (153,138) | 13,742 | 5,854,152 | ||
| Restricted funds | |||||
| Renewals Fund | 149,348 | 5,647 | (13,742) | 141,253 | |
| TOTAL FUNDS | 6,142,896 | ~147,49)) | 5,995,405 | ||
| Net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| f. | |||||
| Unrestricted | funds | ||||
| General fund | 390,586 | (280,637) | (210,726) | (100,777) | |
| Capital Fund | (52,361) | ~52,361) | |||
| 390,586 | (332,998) | (210,726) | (153,138) | ||
| Restricted funds | |||||
| Renewals Fund | 5,647 | 5,647 | |||
| TOTAI. FUNDS | 396,233 | t332,998) | t210,726) | (14749)) |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1/4/21 | in funds | 31/3/22 | |||
| Unrestricted | funds | ||||
| General fund Capital Fund |
3,685,788 1,703,027 |
657,549 ~52,8)6) |
4,343,337 1,650,211 |
||
| 5,388,815 | 604,733 | 5,993,548 | |||
| Restricted funds | |||||
| Renewals | Fund | 136,861 | 12,487 | 149,348 | |
| TOTAL | FUNDS | 5,525,676 | 617,220 | 6,142,896 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended f |
losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 390,713 | (200,272) | 467,108 | 657,549 | |
| Capital Fund | (52,816) | +52,816) | |||
| 390,713 | (253,088) | 467,108 | 604,733 | ||
| Restricted funds | |||||
| Renewals Fund | 12,487 | 12,487 | |||
| TOTAL FUNDS | 403,200 | ~253,088) | 467,108 | 617,220 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1/4/21 | in funds | funds | 31/3/23 | ||
| Unrestricted | funds | ||||
| General fund | 3,685,788 | 556,772 | (109,965) | 4,132,595 | |
| Capital Fund | 1,703,027 | ~105,177) | 123,707 | 1,721,557 | |
| 5,388,815 | 451,595 | 13,742 | 5,854,152 | ||
| Restricted funds | |||||
| Renewals Fund | 136,861 | 18,134 | (13,742) | 141,253 | |
| TOTAL FUNDS | 5,525,676 | 469,729 | 5,995,405 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 781,299 | (480,909) | 256,382 | 556,772 | |
| Capital Fund | (105,177) | (105,177) | |||
| 781,299 | (586,086) | 256,382 | 451,595 | ||
| Restricted funds | |||||
| Renewals Fund | 18,134 | 18,134 | |||
| TOTAL FUNDS | 799,433 | ~586,086) | 256,382 | 469,729 |