| Page | |
|---|---|
| General Information | |
| Independent Examiner's Report |
|
| Statement ofFinancial Activities | |
| Statement of Financial Position | |
| Notes to the Financial Statements | 3to 13 |
| FOR THE YEAR ENDED 3 | 1MAR | CH 2022 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | 2022 | 2021 | ||||
| Notes | Funds | Designated | Total | Total | |||
| Funds | Funds | Funds | |||||
| E | E | E | |||||
| INCOME AND ENDOWMENTS | FRONE | ||||||
| Investments | 3 | 40,562.05 | 40,562.05 | 36,805.63 | |||
| Total | 40,562.05 | 40,562.05 | 36,805.63 | ||||
| EXPENDITURE ON: | |||||||
| Charitable activities |
6/7 | 34,858.50 | 34,858.50 | 34,965.00 | |||
| Total | 34,858.50 | 34,858.50 | 34,965,00 | ||||
| Net gain on investment | property | 9 | 10,160.00 | 10,160.00 | |||
| Net gains/(losses) on investments |
8/10 | 116,505.33 | 116,505.33 | 199,452.75 | |||
| NET INCOME/EXPENDITURE | 132,368.88 | 132,368.88 | 201,293.38 | ||||
| Transfers between funds | 7 | 29,500.00 | (29,500.00) | ||||
| Net movement in funds |
161,86&88 | ~29,500.00 | 132,368.88 | 201,293.38 | |||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought fonuard | 12 | 1,055,395.29 | 70,500.00 | 1,125,895.29 | 924,601.91 | ||
| TOTAL FUNDS CARRIED | FORWARD | 12 | 1.217,264.17 | 41,000.00 | 1,258,264.17 | 1,125,895.29 |
| ASAT31MARCH 2 | 022 | ||||
|---|---|---|---|---|---|
| Note | 2022 | 2021 | |||
| E | |||||
| FIXEDASSETS | |||||
| Tangible assets | 9 | 15,160.00 | 5,000.00 | ||
| Investments | 10 | 1,189,129.54 | 1,072,624.21 | ||
| 1,204,289.54 | 1,077,624.21 | ||||
| CURRENT ASSETS | |||||
| Debtors | 120.00 | ||||
| Cash at bank | 56,601.63 | 50,866.08 | |||
| 56,721.63 | 50,866.08 | ||||
| CURREIIIT LIABILITIES | |||||
| Creditors: amounts | falling due within one year | 12 | 2,747.00 | (2,595.00) | |
| NET CURRENT ASSETS | 53,974.63 | 48,271.08 | |||
| NET ASSETS | 1,258,264.17 | 1,125,895.29 | |||
| FUNDS | |||||
| Unrestricted funds: |
|||||
| General fund | 13 | 1,217,264.17 | 1,055,395.29 | ||
| Designated fund |
13 | 41,000.00 | 70,500.00 | ||
| TOTAL FUNDS | 13 | 1,258,264.17 | 1,125,895.29 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | E | ||
| Income from investments | 40,321.57 | 36,564.31 | |
| Bank interest | 0.48 | 1.32 | |
| Rentalincome | 240.00 | 240.00 | |
| Total Investment | Income | 40,562.05 | 36,805.63 |
| An analysis ofc | harity expenditure isgiven below: |
||
|---|---|---|---|
| 2022 | 2021 | ||
| f | E | ||
| -grants payable (see note 7) | 32,000.00 | 32,300.00 | |
| -governance | costs (see below) | 2,858.50 | 2,665.00 |
| 34,858.50 | 34,965.00 | ||
| 6overnance costs comprise: | |||
| -secretarial costs | 437.00 | 285.00 | |
| -accountancy | 1,320.00 | 1,320.00 | |
| -Independent | examination | 990.00 | 990.00 |
| -bank charges | 111.50 | 70.00 | |
| 2,858.50 | 2,665.00 |
| Grants payable comprise: | Grants payable comprise: | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Number | f | slumber | f | ||
| Veterinary | grants | 9 | 18,000.00 | 10 | 20,000.00 |
| Music and | arts grants | 11 | 10,000.00 | 10 | 7,300.00 |
| Church grants | 2 | 4,000.00 | 3 | 5,000.00 | |
| 32,000.00 | 32,300.00 |
| The above | grants wer | e made to?2 | individuals or |
organisatlons (2 |
021-23). | ||
|---|---|---|---|---|---|---|---|
| Grants to | Grarlts to | Total | Grants to | Grants to | Total | ||
| Indhridu ala | Insthutfons | 2022 | Individuals | Institutions | 2021 | ||
| f | E | f | E | ||||
| Veterinary grants Music and arts grants Church grants |
18,000.00 9,D00.00 |
18,000.00 10,000.00 |
20,000.00 6,300,00 |
1,000.00 ~0 |
20,000.00 7,300.00 5000) |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Reconciliation | ofgrants payable: | f | ||
| Commitments | as at 1April | 2021 | 70,500.00 | 56,000.00 |
| Commitments | made in the | year | 11,500.00 | 52,800.00 |
| Grants paid during the year Grants adjusted/withdrawn |
during the year | (32,000.00) ~9,0CO.DO I |
(32,300.00) ~(6,000.0D |
|
| Commitments | as at 31March 2022 | 41,000.00 | 70,500.00 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|
| Unrestdcted | Designated | Total | |
| funds | funds | funds | |
| E | E | E | |
| INCOME AND ENDOWMENTS | FRONI: | ||
| Investments | 36,805.63 | 36,805.63 | |
| Total | 36,805.63 | 36,805.63 | |
| EXPENDITURE ON: | |||
| Charitable activities |
34,965.00 | 34,965,00 | |
| Total | 34,965.00 | 34.965.00 | |
| Net gains on investments | 199,452.75 | 199,452.75 | |
| NET EXPENDITURE /INCOME | 201,293,38 | 201,293,38 | |
| Transfers between funds | ~14,5M.OOI | 14,100.00 | |
| Net movement in funds |
186,793,38 | 14,500.00 | 201,293.38 |
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
868601.01 | 000.00 | 924601.91 |
| TOTAL FUNDS CARRIED FORWARD |
| FOR T | HE YEAR END | ED31MARCH 2022-con | tinued | ||
|---|---|---|---|---|---|
| 9. | TANGIBLE | FIXEDASSETS | |||
| 2022 | 2021 | ||||
| E | |||||
| Investment | properties | ||||
| As at 1April 2021 (at valuation) | 5,000.00 | 5,000.00 | |||
| Increase in | valuation | 10,160.00 | |||
| As at 31March 2022 (at valuation) | 15,160.00 | 5,000.00 | |||
| Original probate value ofremaining | investment | ||||
| properties | when entering the Trust | 5,000.00 | 5,000.00 |
| FIXEDASSET INVESTMENTS | FIXEDASSET INVESTMENTS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Valuation: | E | ||
| Market value as at 1 | April 2021 | 1,072,624.21 | 873,171.46 |
| Purchased in year |
|||
| Disposal proceeds | |||
| Profit/(loss) on disposals |
|||
| Increase in valuation | in the year | 116.505.33 | 199,452.75 |
| Market value as at 31March 2022 | 1,189,129.54 | 1,072,624.21 | |
| Cost: | |||
| At 31March 2022 | 817,900.00 | 817,900.00 |
| FOR T | HE YEAR ENDED 31MAR | HE YEAR ENDED 31MAR | CH 2022-continued | ||
|---|---|---|---|---|---|
| 11. | DERTORS -AMOUNTS | FALUNG DUE | 2022 | 2021 | |
| WITHIN ONE | YEAR | ||||
| Other debtors | |||||
| 12. | CREDITORS: AMOUNTS | FALLING DUE | 2022 | 2021 | |
| WITHIN ONE | YEAR | ||||
| Accruals | |||||
| 13. | MOVEMENT | IN FUNDS |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| At | movement | between | At | ||||
| 1/04/21 | in funds | funds | 31/03/22 | ||||
| E | E | E | E | ||||
| Unrestricted | funds | ||||||
| General fund | 1.055,395.29 | 132,368.88 | 29,500.00 | 1,217,264.17 | |||
| Designated | funds | 70,500.00 | (29,500.00) | 41,000.00 | |||
| TOTALFUNDS | 1,125895.29 | 13236880 | - | 1,25026411 | |||
| Net movement | in funds, included | in the above are | as follows: | ||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | Transfers | lasses | in funds | |||
| E | E | E | E | E | |||
| Unrestricted | funds | ||||||
| General fund |
40,562.05 | 34,858.50 | 29,500.00 | 126,665.33 | 161,868.88 | ||
| Designated | fund | (29,500.00) | ~29,500.00 | ||||
| TOTAL FUNDS | 4D,562.55 | 34,850.55 | - | 126,665.33 | 132,368.83 |
| Page | |
|---|---|
| General Information | |
| Independent Examiner's Report |
|
| Statement ofFinancial Activities | |
| Statement of Financial Position | |
| Notes to the Financial Statements | 3to 13 |
| FOR THE YEAR ENDED 3 | 1MAR | CH 2022 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | 2022 | 2021 | ||||
| Notes | Funds | Designated | Total | Total | |||
| Funds | Funds | Funds | |||||
| E | E | E | |||||
| INCOME AND ENDOWMENTS | FRONE | ||||||
| Investments | 3 | 40,562.05 | 40,562.05 | 36,805.63 | |||
| Total | 40,562.05 | 40,562.05 | 36,805.63 | ||||
| EXPENDITURE ON: | |||||||
| Charitable activities |
6/7 | 34,858.50 | 34,858.50 | 34,965.00 | |||
| Total | 34,858.50 | 34,858.50 | 34,965,00 | ||||
| Net gain on investment | property | 9 | 10,160.00 | 10,160.00 | |||
| Net gains/(losses) on investments |
8/10 | 116,505.33 | 116,505.33 | 199,452.75 | |||
| NET INCOME/EXPENDITURE | 132,368.88 | 132,368.88 | 201,293.38 | ||||
| Transfers between funds | 7 | 29,500.00 | (29,500.00) | ||||
| Net movement in funds |
161,86&88 | ~29,500.00 | 132,368.88 | 201,293.38 | |||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought fonuard | 12 | 1,055,395.29 | 70,500.00 | 1,125,895.29 | 924,601.91 | ||
| TOTAL FUNDS CARRIED | FORWARD | 12 | 1.217,264.17 | 41,000.00 | 1,258,264.17 | 1,125,895.29 |
| ASAT31MARCH 2 | 022 | ||||
|---|---|---|---|---|---|
| Note | 2022 | 2021 | |||
| E | |||||
| FIXEDASSETS | |||||
| Tangible assets | 9 | 15,160.00 | 5,000.00 | ||
| Investments | 10 | 1,189,129.54 | 1,072,624.21 | ||
| 1,204,289.54 | 1,077,624.21 | ||||
| CURRENT ASSETS | |||||
| Debtors | 120.00 | ||||
| Cash at bank | 56,601.63 | 50,866.08 | |||
| 56,721.63 | 50,866.08 | ||||
| CURREIIIT LIABILITIES | |||||
| Creditors: amounts | falling due within one year | 12 | 2,747.00 | (2,595.00) | |
| NET CURRENT ASSETS | 53,974.63 | 48,271.08 | |||
| NET ASSETS | 1,258,264.17 | 1,125,895.29 | |||
| FUNDS | |||||
| Unrestricted funds: |
|||||
| General fund | 13 | 1,217,264.17 | 1,055,395.29 | ||
| Designated fund |
13 | 41,000.00 | 70,500.00 | ||
| TOTAL FUNDS | 13 | 1,258,264.17 | 1,125,895.29 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | E | ||
| Income from investments | 40,321.57 | 36,564.31 | |
| Bank interest | 0.48 | 1.32 | |
| Rentalincome | 240.00 | 240.00 | |
| Total Investment | Income | 40,562.05 | 36,805.63 |
| An analysis ofc | harity expenditure isgiven below: |
||
|---|---|---|---|
| 2022 | 2021 | ||
| f | E | ||
| -grants payable (see note 7) | 32,000.00 | 32,300.00 | |
| -governance | costs (see below) | 2,858.50 | 2,665.00 |
| 34,858.50 | 34,965.00 | ||
| 6overnance costs comprise: | |||
| -secretarial costs | 437.00 | 285.00 | |
| -accountancy | 1,320.00 | 1,320.00 | |
| -Independent | examination | 990.00 | 990.00 |
| -bank charges | 111.50 | 70.00 | |
| 2,858.50 | 2,665.00 |
| Grants payable comprise: | Grants payable comprise: | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Number | f | slumber | f | ||
| Veterinary | grants | 9 | 18,000.00 | 10 | 20,000.00 |
| Music and | arts grants | 11 | 10,000.00 | 10 | 7,300.00 |
| Church grants | 2 | 4,000.00 | 3 | 5,000.00 | |
| 32,000.00 | 32,300.00 |
| The above | grants wer | e made to?2 | individuals or |
organisatlons (2 |
021-23). | ||
|---|---|---|---|---|---|---|---|
| Grants to | Grarlts to | Total | Grants to | Grants to | Total | ||
| Indhridu ala | Insthutfons | 2022 | Individuals | Institutions | 2021 | ||
| f | E | f | E | ||||
| Veterinary grants Music and arts grants Church grants |
18,000.00 9,D00.00 |
18,000.00 10,000.00 |
20,000.00 6,300,00 |
1,000.00 ~0 |
20,000.00 7,300.00 5000) |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Reconciliation | ofgrants payable: | f | ||
| Commitments | as at 1April | 2021 | 70,500.00 | 56,000.00 |
| Commitments | made in the | year | 11,500.00 | 52,800.00 |
| Grants paid during the year Grants adjusted/withdrawn |
during the year | (32,000.00) ~9,0CO.DO I |
(32,300.00) ~(6,000.0D |
|
| Commitments | as at 31March 2022 | 41,000.00 | 70,500.00 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|
| Unrestdcted | Designated | Total | |
| funds | funds | funds | |
| E | E | E | |
| INCOME AND ENDOWMENTS | FRONI: | ||
| Investments | 36,805.63 | 36,805.63 | |
| Total | 36,805.63 | 36,805.63 | |
| EXPENDITURE ON: | |||
| Charitable activities |
34,965.00 | 34,965,00 | |
| Total | 34,965.00 | 34.965.00 | |
| Net gains on investments | 199,452.75 | 199,452.75 | |
| NET EXPENDITURE /INCOME | 201,293,38 | 201,293,38 | |
| Transfers between funds | ~14,5M.OOI | 14,100.00 | |
| Net movement in funds |
186,793,38 | 14,500.00 | 201,293.38 |
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
868601.01 | 000.00 | 924601.91 |
| TOTAL FUNDS CARRIED FORWARD |
| FOR T | HE YEAR END | ED31MARCH 2022-con | tinued | ||
|---|---|---|---|---|---|
| 9. | TANGIBLE | FIXEDASSETS | |||
| 2022 | 2021 | ||||
| E | |||||
| Investment | properties | ||||
| As at 1April 2021 (at valuation) | 5,000.00 | 5,000.00 | |||
| Increase in | valuation | 10,160.00 | |||
| As at 31March 2022 (at valuation) | 15,160.00 | 5,000.00 | |||
| Original probate value ofremaining | investment | ||||
| properties | when entering the Trust | 5,000.00 | 5,000.00 |
| FIXEDASSET INVESTMENTS | FIXEDASSET INVESTMENTS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Valuation: | E | ||
| Market value as at 1 | April 2021 | 1,072,624.21 | 873,171.46 |
| Purchased in year |
|||
| Disposal proceeds | |||
| Profit/(loss) on disposals |
|||
| Increase in valuation | in the year | 116.505.33 | 199,452.75 |
| Market value as at 31March 2022 | 1,189,129.54 | 1,072,624.21 | |
| Cost: | |||
| At 31March 2022 | 817,900.00 | 817,900.00 |
| FOR T | HE YEAR ENDED 31MAR | HE YEAR ENDED 31MAR | CH 2022-continued | ||
|---|---|---|---|---|---|
| 11. | DERTORS -AMOUNTS | FALUNG DUE | 2022 | 2021 | |
| WITHIN ONE | YEAR | ||||
| Other debtors | |||||
| 12. | CREDITORS: AMOUNTS | FALLING DUE | 2022 | 2021 | |
| WITHIN ONE | YEAR | ||||
| Accruals | |||||
| 13. | MOVEMENT | IN FUNDS |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| At | movement | between | At | ||||
| 1/04/21 | in funds | funds | 31/03/22 | ||||
| E | E | E | E | ||||
| Unrestricted | funds | ||||||
| General fund | 1.055,395.29 | 132,368.88 | 29,500.00 | 1,217,264.17 | |||
| Designated | funds | 70,500.00 | (29,500.00) | 41,000.00 | |||
| TOTALFUNDS | 1,125895.29 | 13236880 | - | 1,25026411 | |||
| Net movement | in funds, included | in the above are | as follows: | ||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | Transfers | lasses | in funds | |||
| E | E | E | E | E | |||
| Unrestricted | funds | ||||||
| General fund |
40,562.05 | 34,858.50 | 29,500.00 | 126,665.33 | 161,868.88 | ||
| Designated | fund | (29,500.00) | ~29,500.00 | ||||
| TOTAL FUNDS | 4D,562.55 | 34,850.55 | - | 126,665.33 | 132,368.83 |