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2023-03-31-accounts

Reference and Administrative Reference and Administrative Details
Trustees'
Report		 2 to 5
Independent
Auditors'		 Report 6 to 9
Statement
of Financial		 Activities
Balance Sheet
Notes to the Financial Statements 12to 21

Statemen t of Fi nancial Activities for the Year En ded 31 March 2023
Unrestricted Total
funds 2023
Note 6 6
Income and Endowments from:
Donations
and legacies		 386,477 386,477
Investment
income		 50,459 50,459
Total income 436,936 436,936
Expenditure
on:
Charitable
activities		 380,434 380,434
Total expenditure (380,434) (380,434)
Gains/losses
on investment		 assets 175,000 175,000
Net income 231,502 231,502
Net movement
in funds		 231,502 231,502
Reconciliation
of		 funds
Total funds brought forward 3,615,530 3,615,530
Total funds carried forward 15 3,847,032 3,847,032
Unrestricted Total
funds 2022
Note E
Income and Endowments from:
Donations
and legacies		 278,382 278,382
Investment
income		 48,195 48,195
Total income 326,577 326,577
Expenditure
on:
Charitable
activities		 274,869 274,869
Total expenditure (274,869) (274,869)
Gains/losses
on investment		 assets 80,000 80,000
Net income 131,708 131,708
Net movement
in funds		 131,708 131,708
Reconciliation
of		 funds
Total funds brought forward 3,483,822 3,483,822
Total funds carried forward 3,615,530 3,615,530

2023 2022
Note 8 6
Fixed assets
Tangible assets 9 2,851,473 2,919,815
Investments 10 1,550,000 1,375,000
4,401,473 4,294,815
Current assets
Debtors 11 25,242
Cash at bank and in hand 12 110,510 44,267
135,752 44,267
Creditors: Amounts
falling due
Net current assets/(liabilities)		 within one year 13 ~97,300
38,452		 ~94,349
~50,082
Total assets less current liabilities 4,439,925 4,244,733
0 dlt: 8 I f lll 0 d ft th 2 14 ~592,893 ~829,203
Net assets 3,847,032 3,615,530
Funds ofthe charity:
Unrestricted Income funds
Unrestricted funds 3,847,032 3,615,530
Total funds 15 3,847,032 3,615,530


over the useful economic
life ofthat asset


as follows:		 ,
Asset class Depreciation method and rate
Land and buildings 2% straight
line
Fixtures and fittings 20% straight line
Motor vehicles 20% straight line
Equipment 15%reducing balance

2
Income		 from donations
and legacies
Unrestricted
funds Total
General funds
E E
Donations and legacies;
Donations from individuals 361,238 361,238
Gift aid reclaimed 25,239 25,239
Total for 2023 386,477 386,477
Total for 2022 278,382 278,382

Unrestricted
funds Total
General funds
E E
Interest receivable and similar income;
Interest receivable on bank deposits 23 23
income from rents 50,436 50,436
Total for 2023 50,459 50 459
Total for 2022 48,195 48,195
4 Expenditure on charitable activities
Unrestricted
funds Total
General funds
Note E E
Governance costs 6,795 6,795
Totalfor 2022 7,604 7,604
Activity
undertaken Total
directly expenditure
E E
Total for 2022 294,492 294,492

Governance costs
Unrestricted
funds Total
General funds
E E
Audit fees
Audit ofthe financial statements 2,500 2,500
Other fees paid to auditors 4,295 4 255
Total for 2023 6,795 6,795
Total for 2022 7,604 7,604
8
Net incoming/outgoing		 resources
Net incoming resources for the year include:
2023f 2022f
Audit fees 2,500 2,500

Land and Furniture and Motor Computer
buildings equipment vehicles equipment Total
6 E 8
Cost
At 1 April 2022 3,510,254 144,142 38,159 25,956 3,718,511
Additions
Disposals		 7,832 ~38,159 3,039 10,871
~38,159
At 31 March 2023 3,510,254 151,974 28,995 3891,223
Depreciation
At 1 April 2022 613,656 141,230 30,528 13,282 798,696
Charge for the
pear 67,652 1,891 7,631 2,039 79,213
Eliminated
on
disposals		 38,159 ~38„159
At 31 March 2023 681,308 143,121 15,321 839,750
Net book value
At 31 March 2023 2,828,946 8,853 13,674 2,851,473
At 31 March 2022 2,896,598 2,912 7,631 12,674 2,919,815
10Investment properties
2023 2022
8
Investment
prop		 erties 1,550,000 1,375,000

Investment
properties
Investment
properties
f
Cost or Valuation
At 1 April 2022 1,375,000
Revaluation 175,000
At 31 March 2023 1,550,000
Net book value
At 31 March 2023 1,550,000
At 31 March 2022 I 375,555

11 Debtors
2023f
Other debtors 25 242
12 Cash and cash equivalents
2023
f		 2022f
Cash at bank 110,510 44,267
13Creditors: amounts falling due within one year
2023
f		 2022f
Bankloans 40,155 44,000
Trade creditors 6,420
Other creditors 45,000 44,999
Accruals 5,725 5,350
97,300 94,349

2023 2022
E E
592,893 629,203
2023
E
 2022
E
Bankloans 592,893 629,203
15Funds
Balance at Other Balance at
1 April Incoming Resources recognised 31 March
2022 resources expended gains/(losses) 2023
E F. E E E
Unrestricted funds
General 3,615530 436,936 ~380 434 175,000 3847 032
Balance at Other Balance at
1 April Incoming Resources recognised 31 March
2021
E		 resources
f		 expended
E		 gains/(losses) 2022
f
Unrestricted funds
General 3,483,822 326,577 ~274, 869 80,000 3,615,530

Unrestricted Total funds
funds at 31 March
General 2023
f f
Tangible fixed assets 2,851,473 2,851,473
Fixed asset investments 1,550,000 1,550,000
Current assets 135,752 135,752
Current
Creditors		 liabilities
over
1 year		 (97,300)
~592,893		 (97,300)
~592,893
Total net assets 3,847,032 3,847,032

Unrestricted Totalfunds
funds at 31 March
General 2022
E E
Tangible fixed assets 2,919,815 2,919,815
Fixed asset investments 1,375,000 1,375,000
Current assets 44,267 44,267
Current
Creditors		 liabilities
over
1 year		 (94,349)
~629,203		 (94,349)
~629,203
Total net assets 3,615530 3,615,530

Stateme nt of Financ ial
Activities
by fund		 for the Year Ended 31 Mar ch 2023
Total Total
Unrestricted Unrestricted
Funds Funds
2023f 2022
f.
Income and Endowments from:
Donations
and legacies		 386,477 278,382
Investment income 50,459 48,195
Total income 436,936 326,577
Expenditure on:
Charitable
activities		 ~366 434 ~274,969
Total expenditure (380,434) (274,869)
Gains/losses on investment assets 176 QQO OQ, QOQ
Net income 231,502 131,708
Net movement
in funds		 231,502 131,708
Reconciliation
of		 funds
Total funds brought forward 3,615,530 3,483,822
Total funds carried forward 3,847,032 3,615,530

Total Total
2023 2022
6
Income and Endowments from:
Donations
and legacies (analysed		 below) 386,477 278,382
Investment
income		 (analysed below) 50,459 48,195
Total income 436,936 326,577
Expenditure
on:
Charitable
activities		 (analysed below) ~380,434 ~274, 888
Total expenditure (380,434) (274,869)
Gains/losses
on investment		 assets (analysed below) 175000 80,000
Net income 231,502 131708
Net movement
in funds		 231,502 131,708
Reconciliation
of		 funds
Total funds
brought		 forward 3,615,530 3,483,822
Total funds carried forward 3,847,032 3,615,530

(continued)
Total Total
2023 2022
8
DonatIons and legac/es
Donations 361,238 230,452
GiR Aid tax reclaimed 25,239 43,684
Grants receivable 4,246
386,477 278,382
Investment
income
Rents received 50,436 48,194
Other interest received 23 1
50,459 45 195
Charitable
activities
Wages and salaries (81,600) (53,910)
Staff pensions (614) (1,136)
Rates &water (12,957) (8,397)
Light, heat and power (47,280) (23,372)
Insurance (13,448) (13,468)
Repairs and maintenance (45,665) (20,445)
Telephone
and fax		 (1,712) (1,514)
Other expenses (7,787) (13,552)
Charitable
donations		 (14,445) (10,460)
Consumables (1,278) (2,754)
Other establishment (6,875) (10,967)
Motor expenses (2,958) (1,185)
Legal and professional fees (24,522) (4,920)
Bank charges (819)
Loan interest (33,636) (22,117)
Depreciation
of other tangible		 (79,212) (78,249)
(Profit)/loss
on sale of		 tangible fixed assets held for charity's own
use 350
Accountancy
fees
The audit ofthe charity's		 annual accounts (4,295)
~2,500
~350,434		 (5,104)
~2,500
~274, 559
Gains/losses
on investment		 assets
(Gain)/loss
in market value of investment		 properties 175000 80,000