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2022-03-31-accounts
|
Pages |
| Reference and Administrative Details of the Charity, Its Trustee and Advisers |
1 |
| Trustee's Report |
2 - 6 |
| IndependentExaminer's Report |
7 |
| Statement of Financial Activities |
8 |
| Balance Sheet |
9 |
| Notes tothe Financial Statements |
10-25 |
|
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
funds |
|
|
2022 |
2022 |
2022 |
2022 |
2021 |
|
Notes |
£ |
£ |
£ |
£ |
£ |
| Income and |
|
|
|
|
|
|
| endowments from: |
|
|
|
|
|
|
| Donations and legacies |
2 |
8,230 |
- |
- |
8,230 |
277,572 |
| Charitable activities |
3 |
171,833 |
- |
- |
171,833 |
140,605 |
| Investments |
4 |
37,422 |
- |
- |
37,422 |
34,663 |
| Total income and |
|
|
|
|
|
|
| endowments |
|
217,485 |
- |
- |
217,485 |
452,840 |
| Expenditure on: |
|
|
|
|
|
|
| Charitable activities |
5 |
138,925 |
9,183 |
- |
148,108 |
140,886 |
| Total expenditure |
|
138,925 |
9,183 |
- |
148,108 |
140,886 |
| Net movement In |
|
|
|
|
|
|
| funds |
|
78,560 |
(9,183) |
- |
69,377 |
311,954 |
| Reconciliation of |
|
|
|
|
|
|
| funds: |
17 |
|
|
|
|
|
| Total funds brought |
|
|
|
|
|
|
| forward |
|
2,746,491 |
57,835 |
250,000 |
3,054,326 |
2,742,372 |
| Total funds carried |
|
|
|
|
|
|
| forward |
|
2,825,051 |
48,652 |
250,000 |
3,123,703 |
3,054,326 |
|
|
|
2022 |
|
2021 |
|
Notes |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
11 |
|
375,456 |
|
390,936 |
| Heritage assets |
13 |
|
245,100 |
|
245,100 |
| Investmentproperty |
12 |
|
1,982,500 |
|
1,727,500 |
|
|
|
2,603,056 |
|
2,363,536 |
| Current assets |
|
|
|
|
|
| Debtors |
14 |
12,846 |
|
15,136 |
|
| Investments |
15 |
452 |
|
452 |
|
| Cash at bank and in hand |
|
545,931 |
|
710,224 |
|
|
|
559,229 |
|
725,812 |
|
| Creditors: amounts falling duewithin one |
|
|
|
|
|
| year |
16 |
(38,582) |
|
(35,022) |
|
| Net currentassets |
|
|
520,647 |
|
690,790 |
| Total assets less current liabilities being |
|
|
|
|
|
| net assets |
|
|
3,123,703 |
|
3,054,326 |
| Charityfunds |
|
|
|
|
|
| Endowment funds |
17 |
|
250,000 |
|
250,000 |
| Restricted funds |
17 |
|
48,652 |
|
57,835 |
| Unrestricted funds |
17 |
|
2,825,051 |
|
2,746,491 |
| Totalfunds |
|
|
3,123,703 |
|
3,054,326 |
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
funds |
funds |
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Grants |
- |
- |
- |
- |
251,500 |
| Government grants |
8,230 |
- |
- |
8,230 |
26,072 |
|
8,230 |
- |
- |
8,230 |
277,572 |
| Total 2021 |
26,072 |
1,500 |
250,000 |
277,572 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
| Incomefrom charitable activities - Estates |
9,626 |
9,626 |
5,532 |
| Incomefrom charitable activities - Highways |
70,343 |
70,343 |
40,877 |
| Incomefrom charitable activities - Riverside |
91,864 |
91,864 |
94,196 |
|
171,833 |
171,833 |
140,605 |
| Total 2021 |
140,605 |
140,605 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
| Investment income - rent from property |
35,517 |
35,517 |
34,144 |
| Investment income - interest receivable |
1,905 |
1,905 |
519 |
|
37,422 |
37,422 |
34,663 |
| Total 2021 |
34,663 |
34,663 |
|
|
Unrestricted |
Restricted |
|
|
|
funds |
funds |
Total |
Total |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
| Estates |
41,493 |
9,183 |
50,676 |
42,004 |
| Highways |
19,057 |
- |
19,057 |
9,153 |
| Riverside |
35,406 |
- |
35,406 |
49,966 |
| Governance costs |
37,676 |
- |
37,676 |
39,354 |
| Grants and donations |
5,293 |
- |
5,293 |
409 |
|
138,925 |
9,183 |
148,108 |
140,886 |
| Total 2021 |
131,703 |
9,183 |
140,886 |
|
|
**Staff costs ** |
Depreciation |
Other costs |
Total |
Total |
|
**2022 ** |
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Estates |
2,957 |
13,335 |
34,384 |
50,676 |
42,004 |
| Highways |
5,461 |
|
13,596 |
19,057 |
9,153 |
| Riverside |
18,761 |
2,145 |
14,500 |
35,406 |
49,966 |
| Governance costs |
26,506 |
|
11,170 |
37,676 |
39,354 |
| Grants and donations |
- |
|
5,293 |
5,293 |
409 |
|
53,685 |
15,480 |
78,943 |
148,108 |
140,886 |
| Total 2021 |
52,085 |
16,865 |
71,936 |
140,886 |
|
|
2022 |
2021 |
|
£ |
£ |
| Bank charges |
895 |
124 |
| Office and computer costs |
2,205 |
2,642 |
| Stationery and postage |
336 |
647 |
| Independent examination fees |
3,362 |
3,373 |
| Sundry expenses |
1,870 |
956 |
| Legal & professional fees |
2,502 |
5,227 |
| Governance expense-wages and salaries |
26,189 |
26,039 |
| Governance expense-pension costs |
317 |
346 |
|
37,676 |
39,354 |
|
|
Grants to |
Total |
Total |
|
|
Individuals |
funds |
funds |
|
|
2022 |
2022 |
2021 |
|
|
£ |
£ |
£ |
|
Grantsand donations |
5,293 |
5,293 |
409 |
|
Total 2021 |
409 |
409 |
|
| 8. |
Independent examiner's remuneration |
|
|
|
|
2022 |
2021 |
|
£ |
£ |
| Feespayableto the Charity's independentexaminer for the independent |
|
|
| examination of the Charity's annual accounts |
3,800 |
3,500 |
|
2022 |
2021 |
|
£ |
£ |
| Wagesand salaries |
53,368 |
51,739 |
| Contribution to defined contribution pension schemes |
317 |
346 |
|
53,685 |
52,085 |
|
2022 |
2021 |
|
No. |
No, |
| Charitable activities |
2 |
2 |
| Management and administation of thecharity |
1 |
1 |
|
3 |
3 |
|
Freehold |
Fixtures and |
|
|
property |
fittings |
Total |
|
£ |
£ |
£ |
| Cost orvaluation |
|
|
|
| At 1 April 2021 |
636,012 |
73,437 |
709,449 |
| At 31 March 2022 |
636,012 |
73,437 |
709,449 |
| Depreciation |
|
|
|
| At 1 April 2021 |
253,365 |
65,148 |
318,513 |
| Charge for theyear |
13,335 |
2,145 |
15,480 |
| At 31 March 2022 |
266,700 |
67,293 |
333,993 |
| Net book value |
|
|
|
| At 31 March 2022 |
369,312 |
6,144 |
375,456 |
| At 31 March 2021 |
382,647 |
8,289 |
390,936 |
|
Freehold |
|
investment |
|
properties |
|
£ |
| Valuation |
|
| At 1 April2021 |
1,727,500 |
| Additions |
255,000 |
| At 31 March 2022 |
1,982,500 |
|
|
|
|
|
|
|
|
Heritage |
|
|
|
|
|
|
|
|
asset |
|
|
|
|
|
|
|
|
2022 |
|
|
|
|
|
|
|
|
£ |
| Market value at |
31 |
March |
2022 |
and |
31 |
March |
2021 |
245,100 |
|
|
|
|
|
|
|
|
245,100 |
|
2022 |
2021 |
|
£ |
£ |
| Duewithin one year |
|
|
| Trade debtors |
11,178 |
10,502 |
| Otherdebtors |
1,668 |
4,634 |
|
12,846 |
15,136 |
|
2022 |
2021 |
|
£ |
£ |
| Cash on deposit |
452 |
452 |
|
2022 |
2021 |
|
£ |
£ |
| Other taxation and social security |
4,134 |
1,230 |
| Othercreditors |
1,284 |
934 |
| Accruals and deferred income |
33,164 |
32,858 |
|
38,582 |
35,022 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
31 March |
|
April 2021 |
Income |
Expenditure |
in/out |
2022 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Investment property |
1,500,000 |
|
|
|
1,500,000 |
| New Village Reserve |
11,947 |
- |
(2,310) |
6,000 |
15,637 |
| Estates Reserve |
83,446 |
|
- |
13,000 |
96,446 |
| Riverside Reserve |
118,484 |
|
- |
13,000 |
131,484 |
| Highways Reserve |
25,023 |
|
- |
13,000 |
38,023 |
| Fixed Assets |
334,601 |
|
(6,297) |
- |
328,304 |
| FutureHousing Reserve |
135,000 |
|
- |
10,000 |
145,000 |
| Town Hall |
49,583 |
|
- |
■ |
49,583 |
|
2,258,084 |
- |
(8,607) |
55,000 |
2,304,477 |
| General funds |
|
|
|
|
|
| Reserves |
488,407 |
217,485 |
(130,318) |
(55,000) |
520,574 |
| Total Unrestricted funds |
2,746,491 |
217,485 |
(138,925) |
- |
2,825,051 |
| Endowment funds |
|
|
|
|
|
| Endowment Funds - all funds |
250,000 |
- |
- |
- |
250,000 |
| Restricted funds |
|
|
|
|
|
| Restricted Funds - all funds |
57,835 |
- |
(9,183) |
- |
48,652 |
| Total of funds |
3,054,326 |
217,485 |
(148,108) |
|
3,123,703 |
|
|
|
|
|
Balance at |
|
Balance at |
|
|
Transfers |
31 March |
|
1 April 2020 |
Income |
Expenditure |
in/out |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Investment property |
1,500,000 |
|
|
|
1,500,000 |
| New Village Reserve |
11,947 |
- |
- |
- |
11,947 |
| Estates Reserve |
83,446 |
|
- |
- |
83,446 |
| Riverside Reserve |
118,484 |
|
- |
- |
118,484 |
| Highways Reserve |
25,023 |
|
- |
- |
25,023 |
| FixedAssets |
335,727 |
|
(7,682) |
6,556 |
334,601 |
| Future Housing Reserve |
135,000 |
|
- |
- |
135,000 |
| Town Hall |
49,583 |
- |
- |
- |
49,583 |
|
2,259,210 |
- |
(7,682) |
6,556 |
2,258,084 |
| General funds |
|
|
|
|
|
| General Funds - all funds |
417,644 |
201,340 |
(124,021) |
(6,556) |
488,407 |
| Total Unrestricted funds |
2,676,854 |
201,340 |
(131,703) |
- |
2,746,491 |
| Endowment funds |
|
|
|
|
|
| Endowment Funds - all funds |
- |
250,000 |
- |
- |
250,000 |
| Restricted funds |
|
|
|
|
|
| Restricted Funds - all funds |
65,518 |
1,500 |
(9,183) |
- |
57,835 |
| Total of funds |
2,742,372 |
452,840 |
(140,886) |
|
3,054,326 |
|
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
|
T ransfers |
31 March |
|
April 2021 |
Income |
|
Expenditure |
in/out |
2022 |
|
£ |
|
£ |
£ |
£ |
£ |
| Designated funds |
2,258,084 |
- |
|
(8,607) |
55,000 |
2,304,477 |
| General funds |
488,407 |
217,485 |
|
(130,318) |
(55,000) |
520,574 |
| Endowment funds |
250,000 |
- |
|
- |
- |
250,000 |
| Restricted funds |
57,835 |
- |
|
(9,183) |
- |
48,652 |
|
3,054,326 |
217,485 |
|
(148,108) |
- |
3,123,703 |
|
|
|
|
|
Balance at |
|
Balance at |
|
|
Transfers |
31 March |
|
1 April 2020 |
Income |
Expenditure |
in/out |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Designated funds |
2,259,210 |
- |
(7,682) |
6,556 |
2,258,084 |
| General funds |
417,644 |
201,340 |
(124,021) |
(6,556) |
488,407 |
| Endowment funds |
- |
250,000 |
- |
- |
250,000 |
| Restricted funds |
65,518 |
1,500 |
(9,183) |
- |
57,835 |
|
2,742,372 |
452,840 |
(140,886) |
- |
3,054,326 |
|
Unrestricted |
Restricted |
Endowment |
Total |
|
funds |
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
2022 |
|
£ |
£ |
£ |
£ |
| Tangiblefixed assets |
328,304 |
47,152 |
- |
375,456 |
| Investmentproperty |
1,731,000 |
1,500 |
250,000 |
1,982,500 |
| Heritage assets |
245,100 |
- |
- |
245,100 |
| Currentassets |
559,229 |
- |
- |
559,229 |
| Creditors duewithin one year |
(38,582) |
- |
- |
(38,582) |
| Total |
2,825,051 |
48,652 |
250,000 |
3,123,703 |
|
Unrestricted |
Restricted |
Endowment |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
334,601 |
56,335 |
- |
390,936 |
| Investment property |
1,476,000 |
1,500 |
250,000 |
1,727,500 |
| Heritage assets |
245,100 |
- |
- |
245,100 |
| Current assets |
725,812 |
- |
- |
725,812 |
| Creditors due within one year |
(35,022) |
- |
- |
(35,022) |
| Total |
2,746,491 |
57,835 |
250,000 |
3,054,326 |
|
2021 |
2021 |
|
£ |
£ |
| Amounts due from Orford Sailing Club |
2,320 |
2,130 |
| Amounts due from Orford Country Market |
100 |
100 |
|
2,420 |
2,230 |