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##
|||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||fund|fund|fund|funds|funds|
|||Notes||||8||
|INCOME AND||||||||
|ENDOWMENTS FROM||||||||
|Donations
and legacies|||181,759|25,605||207,364|105,935|
|Charitable
activities||||||||
|charitable|||19,056|||19,056|5,592|
|Other trading activities|||21,536|||21,536|16,348|
|Investment
income|||||5,606|5606|11733|
|Total|||222,351|25,605|5,606|253,562|136,608|
|EXPENDITURE ON||||||||
|Raising funds|||22,561||468|23,029|13,603|
|Charitable
activities||||||||
|charitable|||386,866|7,750|11,110|405,726|368,885|
|Total|||409,427|7,750|11,578|428,755|382,488|
|Net gains on investments|||316,741||7)139|3239880|735,072|
|NET INCOME|||129,665|179855|1,167|148)687|489,192|
|RECONCILIATION|OF|||||||
|FUNDS||||||||
|Total funds brought|forward||2,459,575|5,573|312,987|2,778,135|2,288,943|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||2589240|234211|314,104|2,936.022|2 778 135|
##
||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
||Notes|fund|fund|fund|funds|fundsI|
|FIXEDASSETS|||||||
|Tangible assets|9|||424,263|424,263|432,753|
|Investments|10|2,547,915||60,891|2,608,806|2,525 266|
|||25547,915||485,154|3,033,069|2,958,019|
|CURRENT ASSETS|||||||
|Stocks|11|57345|||5,345|5,741|
|Debtors|12|181886|||1$,8$6|73,024|
|Cash at bank||26725|23,428||50,157|64,432|
|||50,960|23,428||747388|143,197|
|CREDITORS|||||||
|Amounts
falling due within one|||||||
|year|13|(9,635)|||(9,635)|(5,0$1)|
|NKT CURRENT ASSETS||41,325|23 428||64,753|138,116|
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||2,589,240|23,428|485,154|3,097,$22|3,096,135|
|PENSION LIABILITY|16|||(171,000)|(171,000)|(31$,000)|
|NET ASSETS||2.585,248|23,428|314,154|2526822|2.778 135|
|FUNDS|15||||||
|Unrestricted
funds|||||2,589,240|2,459,575|
|Restricted funds|||||23,428|5,573|
|Endowment
funds|||||314,154|312,987|
|TOTAL FUNDS|||||2526822|2,778135|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Investments||||||||
|---|---|---|---|---|---|---|---|---|
||Investments|are stated at the market value at the balance sheet|||date. The statement|offinancial|activities|includes|
||the net gains|and losses arising|on revaluations|and disposals|during the year.||||
||OTHER TRADING ACTIVITIES||||||||
|||||||31.3.22|31.3.21||
|||||||0|||
||Fundraising|events - branches||||21,536||16,348|
|3.|INVESTMENT INCOME||||||||
|||||||31.3.22|31.3.21||
||Other Fixed|Asset Investment|Income|||5)606||8,730|
||Deposit account interest|||||||3|
|||||||~5606||8,733|
##
|4.|RAISING FUNDS|RAISING FUNDS|RAISING FUNDS||||
|---|---|---|---|---|---|---|
||Investment|management||costs|||
||||||31.3.22|31.3.21|
||Portfolio management||||468|1,176|
|5.|SUPPORT|COSTS|||||
||||||31.3.22|31.3.21|
||Staffcost||||71,916|70,256|
||Office equipment||cost||5,026|5,659|
||Insurance||||4,378|4,361|
||Light and heat||||5,742|4,424|
||Telephone||||2,428|2,000|
||Postage and|stationery|||4,158|3,460|
||Sundries||||792|1,186|
||Computer
expenses||||5,419|13,776|
||Premises expenses||||4,614|4,682|
||Subscriptions||||633|856|
||Cleaning||||4,655|3,664|
||Depreciation||||11,110|11,658|
||Trustees expenses||||45|113|
||Accountancy|fees|||4,920|4,740|
||Legal fees||||2,855|2,818|
||||||~128 691|133,653|
##
||||31.3.22|31.3.21|
|---|---|---|---|---|
|Depreciation
-|owned assets||11,110|11,658|
|Other operating|leases||5,026|5,659|
|Amounts
payable to independent||examiner|4,920|~4740|
##
||There were no truste
31 March 2021.|There were no truste
31 March 2021.|es'
remuneration
or ot|her benefits for the year ended 31M|arch 2022 nor for t|he year end|
|---|---|---|---|---|---|---|
||Trustees'
expenses||||||
||||||31.3.22|31.3.21|
||Trustees' expenses||||45|113|
|8.|STAFFCOSTS||||||
||||||31.3.22|31.3.21|
||Wages and salaries||||253,740|244,809|
||Social security||||20,602|19,164|
||Pension contributions||||17,116|18,060|
||||||291,458|282 033|
||The average monthly||number ofemployees|during the year was as follows:|||
||||||31.3.22|31.3.21|
||Service delivery|and|outreach||8|8|
||Administration||||4|4|
||||||12|12|
##
##
||||Fixtures|||
|---|---|---|---|---|---|
|||Freehold|and|Computer||
|||property|fittings|equipment|Totals|
||||||I,|
|COST||||||
|At I April 2021
Additions||581,083|30)895|53,205
2,620|665,183
~2620|
|At|31March 2022|581,083|30,895|55,$25|667,803|
|DEPRECIATION||||||
|At|1 April 2021|148,330|30,895|53,205|232,430|
|Charge for year||10,455||655|11,110|
|At|31March 2022|15$,785|30,895|53,$60|243)540|
|NET BOOK VALUE||||||
|At|31 March 2022|422,298||1,965|424,263|
|At|31March 2021|432,753|||432,753|
##
||||31.3.22|31.3.21|
|---|---|---|---|---|
|||||8|
|Shares|||2,599,857|2,520,765|
|Cash investments|||8,949|4 501|
||||2,608,$06|2,525,266|
|Additional|information|as follows:|||
|||||Listed|
|||||investments|
|MARKET|VALUE||||
|At I April|2021|||2,520,765|
|Additions||||572|
|Disposals||||(82)420)|
|Revaluations||||160940|
|At 31 March 2022||||2,599,857|
|NET BOOK VALUE|||||
|At 31March 2022||||1.599,057|
|At 31 March 2021||||2,520 765|
##
||Investments|(neither|listed nor unlisted)|were as follows:|||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
||Cash account||||8,949|4,501|
|11.|STOCKS||||||
||||||31.3.22|31.3.21|
|||||||I|
||Stocks||||5,345|5,741|
|12.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR||||||
||||||31.3.22|31.3.21|
||Other debtors||||1,150|149|
||Prepayments|and accrued income|||17,736|72,875|
||||||18,886|73,024|
|13.|CREDITORS: AMOUNTS FALLING DUK WITHIN ONE YEAR||||||
||||||31.3.22|31.3.21|
||Trade creditors||||4,271|341|
||Accruals and|deferred|income||5,364|4,740|
||||||9,635|~5081|
|14.|LEASING AGREEMKNTS||||||
||31.3.22|31.3.21|
|---|---|---|
|||f,|
|Within one year|538|4,687|
|Between one and five years|2,150||
|In more than five years|403||
||~3091|4,687|
##
|MOVEMEN|T IN FUNDS|||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.4.21|in funds|31.3.22|
|Unrestricted|funds|||||
|General
fund|||2,459,575|129,665|2,589,240|
|Restricted
funds||||||
|Restricted funds|||5,573|17,855|23,428|
|Endowment|funds|||||
|Expendable|||312,987|1,167|314,154|
|TOTALFUNDS|||X'I'I8 l35|lt 8681|2 92S822|
|Net movement|in funds, included|in the above are as follows:||||
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
|||||5||
|Unrestricted|funds|||||
|General fund||222,351|(409,427)|316,741|129,665|
|Restricted
funds||||||
|Restricted funds||25,605|(7,750)||17,855|
|Endowment|funds|||||
|Expendable||5,606|(11,578)|7,139|1,167|
|TOTAL FUNDS||253,562|~428755)|323,880|~148687|
##
##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.4.20|in funds|31.3.21|
|||||f|||
|Unrestricted|funds||||||
|General fund||||1,969,863|489,712|2,459,575|
|Restricted funds|||||||
|Restricted funds||||12,388|(6,815)|5,573|
|Endowment|funds||||||
|Expendable||||306,692|6,295|312,987|
|TOTAL FUNDS||||2288943|489792|2778733|
|Comparative|net movement|in funds, included|in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|General fund|||127,878|(362,839)|724,673|489,712|
|Restricted funds|||||||
|Restricted
funds||||(6,815)||(6,815)|
|Endowment|funds||||||
|Expendable|||8,730|(12,834)|10,399|6,295|
|TOTAL FUNDS|||136,608|~382,488)|735,072|~489 192|
##
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.4.20|in funds|31.3.22|
|||||f.||
|Unrestricted||funds||||
|General fund|||1,969,863|619,377|2,589,240|
|Restricted|funds|||||
|Restricted|funds||12,388|11,040|23,428|
|Endowment||funds||||
|Expendable|||306,692|7,462|314,154|
|TOTAL FUNDS|||2 288 943|637 879|2,926,822|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
||||||6|
|Unrestricted|funds|||||
|General
fund||350,229|(772,266)|1,041,414|619,377|
|Restricted
funds||||||
|Restricted funds||25,605|(14,565)||11,040|
|Endowment|funds|||||
|Expendable||14,336|(24,412)|17,538|7,462|
|TOTAL FUNDS||390,170|~811,243)|1~058952|637,879|
##
||||||Defined|benefit|
|---|---|---|---|---|---|---|
||||||pension|plans|
||||||31.3.22|31.3.21|
||||||5||
|Present|value offunded||obligations||(1,758,000)|(1,868,000)|
|Fair value ofplan assets|||||1 507 DOD|1,55DDOD|
||||||(171,000)|(318,000)|
|Present|value ofunfunded|||obligations|||
|Deficit|||||~171000|~315.000|
|Net liability|||||~I71 DIID|~318,00D|
|The amounts||recognised||in the Statement ofFinancial Activities are as follows:|||
||||||Defined|benefit|
||||||pension|plans|
||||||31.3.22|31.3.21|
|Current|service cost||||9,000|8,000|
|Net interest from net defined benefit|||||||
|asset/liability|||||38,000|39,000|
|Past service cost|||||||
||||||~47 000|~47 000|
|Actuarial|(gain)/loss||||(158,000)|~136,000|
##
||||Defined|benefit|
|---|---|---|---|---|
||||pension|plans|
||||31.3.22|31.3.2 1|
|Opening|defined benefit obligation||1,868,000|1,745,000|
|Current|service cost||9,000|8,000|
|Contributions||by employer|1,000|1,000|
|Interest|cost||38,000|39,000|
|Actuarial
Benetits|losses/(gains)
paid||(81,000)
~77 DDD|153,000
~78,000)|
||||8 700 DDD|1 088,DDD|
|Changes|in the||fair value ofs|cheme assets are as follows:|||
|---|---|---|---|---|---|---|
||||||Delined|benelit|
||||||pension|plans|
||||||31.3.22|31.3.21|
||||||f|f|
|Opening|fair value ofscheme|||assets|1,550,000|1,304,000|
|Interest|income||on assets||32,000|29,000|
|Remeasurement|||gains/losses|on|||
|assets|||||77,000|289,000|
|Contributions||by employer|||4,000|5,000|
|Contributions
Benefits paid||by scheme participants|||1,000
~77 000|1,000
778.000)|
||||||1587DDD|177DDDD|
##
|The major categories ofscheme assets as apercenta|ge oftotal scheme assets are as follows:||
|---|---|---|
||Defined|benefit|
||pension|plans|
||31.3.22|31.3.21|
|Equities|55.70%|57.00%|
|Bonds|18.00%|17.30%|
|Multi Asset Credit|9.20%||
|Property|6.90%|6.10%|
|Cash|0.90%|1.40%|
|Other|9.30%|18.20%|
||100.00%|16.|
|Principal actuarial
assumption|s
at the Balance Sheet date (e|xpressed as weighted
averages):||
|---|---|---|---|
|||31.3.22|31.3.21|
|Discount rate||2.80%|2.10%|
|Future salary increases
Future pension increases
CPI inflation rate||4.10%
3.10%
3.10%|3.70%
2.70%
2.70%|
|Pension accounts revaluation|rate|3.10%|2.70%|
##
##
##
##
##
||||31.3.22|31.3.21|
|---|---|---|---|---|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||6,136|7,604|
|Gilt aid|||25||
|Legacies|||163,862|78,832|
|Grants|||30,499|10,886|
|Trust fund income|||6)842|8,613|
||||207)364|105,935|
|Other trading activities|||||
|Fundraising
events - branches|||21,536|16,348|
|Investment
income|||||
|Other Fixed Asset Investment||Income|5,606|8,730|
|Deposit account interest||||3|
||||5)606|8,733|
|Charitable
activities|||||
|Resource centre|||12)247|2,797|
|Outreach
income and shows|||6,809|2,498|
|Service contracts||||297|
||||19,056|5,592|
|Total incoming
resources|||253)562|]36,608|
|EXPENDITURE|||||
|Raising donations
and legacies|||||
|Direct fundraising
costs|||16,237|11,404|
|Other activities|||6,324|1,023|
||||22,561|12,427|
|Investment
management|costs||||
|Portfolio management|||468|1,176|
|Charitable
activities|||||
|Wages|||210,798|203,316|
|Resource centre|||8,350|1,344|
|Second sight magazine|||5,030|5,699|
|Carried forward|||224,178|2]0,359|
##
|||31.3.22|31.3.21|
|---|---|---|---|
|Charitable
activities||||
|Brought forward||224,178|210,359|
|Conferences||799||
|Branch expenditure||13,830|6,426|
|Other charitable
activities||~38 228|18,447|
|||277,035|235,232|
|Support costs||||
|Management||||
|Wages||71,916|70,256|
|Office equipment
costs||5,026|5,659|
|Insurance||4,378|4,361|
|Light and heat||5,742|4,424|
|Telephone||2,428|2,000|
|Postage and stationery||4,158|3,460|
|Sundries||792|1,186|
|Computer
expenses||5,419|13,776|
|Premises expenses||49614|4,682|
|Subscriptions||633|856|
|Cleaning||4,655|3,664|
|Freehold property||10,455|10,455|
|Computer
equipment||655|1,203|
|||120,871|125,982|
|Governance
costs||||
|Trustees' expenses||45|113|
|Accountancy
fees||4,920|4,740|
|Legal fees||2,855|2,818|
|||~7820|7,671|
|Total resources expended||4289755|382,488|
|Net expenditure
before gains and losses||(175,193)|(245,880)|
|Realised recognised|gains and losses|||
|Realised gains/(losses)|on fixed asset investments|165,880|599,072|
|Realised gains/losses|on pensions|158,000|136,000|
|Net income||148,687|~489 192|