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||||||Page|
|---|---|---|---|---|---|
|Reference and administrative||details ofthe charity,|its trustees,|and advisers||
|Chair's statement||||||
|Trustees'
report|||||3-13|
|Independent
auditors'|report||||14-17|
|Statement offinancial|activities||||18|
|Income and expenditure
account|||||19|
|Balance sheet|||||20|
|Statement ofcash flows|||||21|
|Notes to the financial|statements||||22-50|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||2023|2023|2023|2022|
||Note|6|6|6|6|
|INCOME FROM:||||||
|Investments||842,898|115,588|958,486|824,350|
|Charitable
activities||860,128||860,128|859,487|
|Other income||466,454||466,454|864,461|
|TOTAL INCOME||2,169,480|115500|2205068|2540290|
|EXPENDITURE ON:||||||
|Raising funds|5|16,199|2,167|18,366|22,080|
|Other charitable
activities|7|1,621,100|146,735|1,767,835|2,170,303|
|TOTAL EXPENDITURE|10|1,637,299|148,902|1,786,201|2,192,383|
|NET INCOME BEFORE INVESTMENT
GAINS / (LOSSES)||532,181|(33,314)|498,867|355,915|
|Net gains/(losses)
on investments|24|(2,014,711)|(155,396)|(2,170,107)|1,004,751|
|NET INCOME
/ (EXPENDITURE) BEFORE
TRANSFERS||(1,482,530)|(188,709)|(1,671,240)|1,360,666|
|Transfers
between
Funds|24|(3,885)|3,886|||
|NET INCOME
/ (EXPENDITURE)||(1,486,416)|(184,823)|(1,671,240)|1,360,666|
|Total funds at 1 April||22,498,272|3,602,039|26,100,311|24,739,645|
|TOTAL FUNDS AT 31 MARCH||21,011,856|3,417,215|24,429,071|26,100,311|
##
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##
|||||2023||2022|
|---|---|---|---|---|---|---|
|||Note|6|6||E|
|FIXED ASSETS|||||||
|Tangible assets||16|1,677,865||1,586,817||
|Heritage assets||17|||||
|Investment
property||18|1,883,736||2,216,160||
|Total tangible assets||||3,561,601||3,802,977|
|Investments||19||22,953,010||24,675,338|
|||||26,514,611||28,478,315|
|CURRENT ASSETS|||||||
|Debtors||20|676,439||741,352||
|Cash at bank and
in hand|||1,311,033||1,028,406||
||||1,987,472||1,769,757||
|CREDITORS: amounts
within one year|falling due|21|(852,356)||(883,573)||
||||1,135,116||||
|PROVISIONS FOR LIABILITIES|||||||
|Other provisions||23|(652,197)|||(652,197)|
|NET CURRENT ASSETS||||482,919||886,184|
|TOTAL ASSETSLESSCURRENT
LIABILITIES||||26,997,530||29,364,499|
|CREDITORS: amounts
falling due
after more than one year||22||(2,568,459)||(2,611,992)|
|NET ASSETS||||24,429,071||26,100,310|
|CHARITY FUNDS|||||||
|Restricted funds||24||3,417,215||3,602,039|
|Unrestricted
funds||24||21,011,856||22,498,272|
|TOTAL FUNDS AT 31|MARCH|||24,429,071||26,100,310|
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|owing ba|ses:|
|---|---|
|Freehold|property|
|Freehold|improvements|
|Land and|structures|
|Plant and|machinery|
|Motor vehicles||
|Fixtures and fittings||
|Computer|equipment|
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##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|
|||||2023|2023|2023|2022|
|Bank deposit interest||||7,880|1,322|9,202|6,065|
|Investment
income:||||||||
|Dowry fund||||427,187||427,187|340,745|
|Pembroke
fund||||210,120||210,120|175,593|
|Starfish
Play Area fund|||||10,676|10,676|8,832|
|Community
Centre endowment||fund|||6,345|6,345|5,250|
|Shark Park Play area|fund||||2,508|2,508|2,074|
|Marine Infrastructure|reserve fund|||10,313||10,313|9,348|
|SMI Medium Term reserve fund||||18,669||18,669|16,587|
|Tadpole Play Area fund|||||2,730|2,730|2,225|
|Island Way Loop Road endowment|||fund||59,644|59,644|48,299|
|Sector 3 landscaping|endowment||fund||6,795|6,795|5,925|
|Sector 5 landscaping|endowment||fund||840|840|653|
|Sector 13landscaping|endowment||fund||24,728|24,728|24,101|
|Rents from investment|properties|||168,729||168,729|178,643|
|||||842,898|115,588|958,486|824,350|
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2023f|2023f|2023f|2022f|
|Service charge income|||301,689||301,689|304,999|
|Transfer from service charge advance||payment|43,533||43,533|43,533|
|Rent charge|income||404,990||404,990|426,345|
|Community|centre hire income||61,341||61,341|41,317|
|Watersports|centre income||48,575||48,575|43,292|
||||860,128||860,128|859,487|
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||2023f|2023|2023f|2022f|
|Sundry income||11,704||11,704|11,010|
|Licence fee|income|454,750||454,750|831,600|
|Coronavirus|Business Support Grants||||16,000|
|Coronavirus|Job Support Scheme||||5,851|
|||466,454||466454|864,461|
##
##
|||||||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Funds||Funds|Funds|Funds|
|||||||2023||2023|2023|2022|
|||||||E||E|E||
|Dowry fund||||||11,254|||11,254|13,362|
|Pembroke|fund|||||4,945|||4,945|6,044|
|Restricted|fund|||||||2,167|2,167|2,574|
|||||||16,199||2,167|18,366|22,080|
|The Trust's||investment|funds are invested||into a Non-UCITS||Retail|Scheme from which
investment|||
|management||fees are|deducted|at source|out ofcapital.||||||
|In 2023 estimated fees|||deducted|from capital||were E59,759(2022:||E63,625) in respect ofunrestricted||funds|
|and F7,994||(2022:E7,603) in respect of restricted funds.|||||||||
|6.
GRANTS TO INSTITUTIONS|||||||||||
|||||||Unrestricted|Restricted||Total
Total Funds||
|||||||Funds||Funds|Funds||
|||||||2023||2023|2023|2022|
|||||||E||E|E|E|
|Community||Fund expenditure||||33111|||33111|4,540|
|St Mary's Island Youth|||Club sponsorship|||2,577|||2,577|2,425|
|||||||35,688|||35,688|6,965|
##
|ANALYSIS O|F EXPENDITUR|E ON CHARIT|ABLE ACTIVITIE|S|||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||Unrestricted|Restricted|Funds|Funds|
||||Funds|Funds|||
||||2023|2023|2023|2022|
|||Note|E|E|E||
|Activities undertaken|directly||875,909|137,685|1,013,594|915,512|
|Support costs|||709,503|9,050|718,553|1,247,826|
|Grants to institutions|||35,688||35,688|6,955|
||||1,621,100|146,735|1,767,835|2,170,303|
##
##
|8.
DIRECT CO|STS|||||
|---|---|---|---|---|---|
||||Activities|Total|Total|
||||undertaken|||
||||directly|||
||||2023f|2023f|2022
f|
|Rent charge expenditure|||232,360|232,360|302,033|
|Service charge expenditure|||216,353|216,353|235,024|
|Public areas expenditure|||456,888|456,888|283,328|
|Community
centre|expenditure||86,543|86,543|70,569|
|Watersports
centre|expenditure||21,450|21,450|24,556|
||||1,013,594|1,013,594|915,512|
|9.
SUPPORT COSTS||||||
||||Support|Total|Total|
||||costs|||
||||2023f|2023f|2022
f.|
|Administration
expenses|||135,389|135,389|92,635|
|Legal and professional|||46,083|46,083|17,375|
|Community
centre|||6,901|6,901|4,416|
|Trustee costs|||2,943|2,943|1,565|
|Auditors
remuneration|||16,461|16,461|15,598|
|Wages and salaries|||378,866|378,866|351,559|
|National
insurance|contributions||34,083|34,083|32,865|
|Pension costs|||15,459|15,459|17,115|
|Death
in service scheme|||4,461|4,461|3,251|
|Leviathan
Way/Maritime||Way dues|||652,197|
|Depreciation|||77,907|77,907|59,250|
||||718,553|718,553|1,247,826|
##
##
||||||Staff|Depreciation|Other|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||costs||costs|||
||||||2023
8|2023
K|2023|2023
K|2022f|
|Investment|management|||fees|||18,366|18,366|22,080|
|Costs ofgenerating|||funds||||18,366|18,366|22,080|
|Charitable|activities:|||||||||
|Activities undertaken|||directly||||1,013,594|1,013,594|915,512|
|Support costs|||||428,408|77,907|212,238|718,553|1,247,626|
|Grants to institutions|||||||35,688|35,688|6,965|
|Subtotal charitable||activities|||428,408|77,907|1,261,520|1,767,835|2,170,304|
||||||428,408|77,907|1,279,886|1,786,201|2,192,383|
|11.
ANALYSIS||OF||EXPENDITURE|BYACTIVITIES|||||
||||||Activities|Support|Grants to|Total|Total|
||||||undertaken|Costs|institutions|||
||||||directly|||||
||||||2023|2023|2023|2023|2022|
||||||||||E|
|Rent charge|expenditure||||232,360|164,724||397,084|514,954|
|Service charge expenditure|||||216,353|153,376||369,729|370,181|
|Public areas expenditure|||||456,888|323,895|33,111|813,894|417,359|
|Community|centre expenditure||||86,543|61,352|2,577|150,472|133,641|
|Watersports|centre|expenditure|||21,450|15,206||36,656|81,971|
||||||1 013594|718553|35688|1767835|1,518,106|
##
##
|12.
NET INCOMEING/OUTGOING|12.
NET INCOMEING/OUTGOING|RESOURCES|||
|---|---|---|---|---|
||||2023|2022|
||||8|6|
|This is stated after charging:|||||
|Depreciation
oftangible|fixed assets||77,906|73,196|
|Auditors'
remuneration|||16,461|15,598|
|Auditors'
remuneration|- non-audit|services|4,799|6,080|
|Pension costs|||15,459|17,115|
##
|14.|STAFF COSTS|||
|---|---|---|---|
|||2023
5|2022f|
|Wages|and salaries|378,866|351,559|
|Social|security costs|34,083|32,865|
|Other|pension costs|15,459|17,115|
|||428,408|401,538|
||2023|2022|
|---|---|---|
||No.|No.|
|Office and management|8.5||
|The number of higher paid employees was:|||
||2023|2022|
||No.|No.|
|In the band 660,001 - f70,000|||
##
|||Reimbursed
to Trustees|Paid
Directly to
3~parties|Total|Total|
|---|---|---|---|---|---|
|||2023f|2023|2023f|2022f|
|Travel expenses|(1Trustee; 2022: 1 Trustee)||||92|
|Accommodation|costs (1Trustee; 2022: 1 Trustee)||562|562|8|
|Meeting expenses|||2,381|2,381||
||||2,943|2,943|100|
##
##
##
##
|||2023|2022|
|---|---|---|---|
||||6|
|Valuation||||
|At 1 April||2,216,160|2,052,000|
|(Deficit)/surplus|on revaluation|(332,424)|164,160|
|At 31 March||1,683,736|2,216,160|
##
##
||Global
Equities|2023|2022|
|---|---|---|---|
|Market value||||
|Dowry Fund|14,063,034|14,063,034|15,115,266|
|Pembroke
Fund|6,179,299|6,179,299|6,643,564|
|Restricted
Fund|2,710,677|2,710,677|2,916,508|
|Total market value|22,953,010|22,953,010|24,675,338|
|Historical cost||||
|Dowry Fund|12,043,904|12,043,904|11,967,212|
|Pembroke
Fund|5,124,334|5,124,334|5,092,969|
|Restricted
Fund|2,409,950|2,409,950|2,399,131|
|Total historical cost|19,597,570|19,597,570|19,459,312|
##
##
|DOWRY FUND||||||
|---|---|---|---|---|---|
|||Capital|Income|Total|Total|
|||Account|Account|2023|2022|
|Market value||||||
|At 1 April||15,102,104|13,162|15,115,266|13,799,347|
|Additions/Transfers|in|38|458,616|458,654|1,373,174|
|Disposals/Transfers|out|(14,609)|(370,000)|(384,609)|(556,618)|
|Revaluations||(1,126,2'77)||(1,126,277)|499,363|
|At 31 March||13,961,256|101,778|14,063,034|15,115,266|
|Historical cost||11,942,126|101,778|12,043,904|11,967,212|
|PEMBROKE FUND||||||
|||Capital|Income|Total|Total|
|||Account|Account|2023|2022|
|Market value||||||
|At 1 April||6,635,479|8,085|6,643,564|6,406,300|
|Additions/Transfers|in||201,438|201,438|254,956|
|Dispossls/Transfers|out|(6,162)|(165,000)|(171,162)|(254,111)|
|Revaluations||(494,541)||(494,541)|236,419|
|At 31 March||6,134,776|44,523|6,179,299|5,643,554|
|Historical cost||5,079,811|44,523|5,124,334|5,092,969|
|RESTRICTED FUND||||||
|||Capital|Income|Total|Total|
|||Account|Account|2023|2022|
|||6|6|||
|Market value||||||
|At 1 April||2,908,737|7,771|2,916,508|2,806,706|
|Additions/Transfers|in||88,204|88,204|72,168|
|Disposals/Transfers|out|(2,170)|(75,000)|(77,170)|(67,175)|
|Revaluations||(216,865)||(216,865)|104,809|
|At 31 March||2,689,702|20,975|2,710,677|2,916,508|
|Historical cost||2,388,975|20,975|2,409,950|2,399,131|
##
##
##
|20.
DEBTORS||||
|---|---|---|---|
|||2023f|2022
F|
|Trade debtors||446,202|542,866|
|Other debtors||10,464||
|Prepayments
and accrued|income|219,773|198,486|
|||676,439|741,352|
|21.
CREDITORS||||
|Amounts
falling due within one year||||
|||2023
6|2022f|
|Trade creditors||135,010|67,303|
|Other taxation and social security||105,615|96,063|
|Other creditors||21,438|33,571|
|Accruals||95,989|80,520|
|Deferred income - per note 21(a)||494,304|606,116|
|||852,356|883,573|
|21(a)
Deferred income:||||
|||2023|2022|
|Deferred income at 1 April||606,116|623,377|
|Resources deferred
during|the year|494,304|606,116|
|Amounts
released from previous years||(606,116)|(623,377)|
|Deferred income at 31 March||494,304|606,116|
##
##
|Amounts|falling d|ue after|more than one year|||
|---|---|---|---|---|---|
|||||2023f|2022f|
|Deferred|income:|||||
|Advance|payment|ofservice charges||2,568,459|2,611,992|
|||||2,568,459|2,611,992|
|22(a).|Deferred|income:||||
|||||2023f|2022f|
|Deferred|income at 1 April|||2,611,992|2,655,525|
|Resources deferred||during|the year|||
|Amounts|released|from previous years||(43,533)|(43,533)|
|Deferred|income at 31 March|||2,568,459|2,611,992|
|23.
PROVISIONS|23.
PROVISIONS|||
|---|---|---|---|
|||2023|2022f|
|At 1 April|2022|652,197||
|Additions|||652,197|
|Expended|in year|||
|At 31 March 2023||652,197|652,197|
##
##
##
##
|SUMMARY||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Brought
Incoming
Resources
Transfers|||||Gains I|Carried|
||||Forward
Resources
Expended
inlout|||||Losses|Forward|
||||01-Apr-22
f||||||31-Mar-23
f|
|Designated|funds||6,125,912||347,500|(221,185)|45,836|(556,011)|5,742,052|
|General funds|||16,372,360
1,821,980
(1,416,114)
(49,722)|||||(1,458,700)|15,269,804|
|Unrestricted|funds|(A)|22,498,272
2,169,480
(1,637,299)||||(3,886)|(2,014,711)|21,011,856|
|Restricted funds (B)|||3,602,039||115,588|(148,902)|3,886|(155,396)|3,417,215|
||||26,100,311
2,285,068
1,786,201|||||2,170,107|24,429,071|
|UNRESTRICTED FUNDS|||(A)|||||||
|||||Brought|Incoming|Resources|Transfers|Gains I|Carried|
|||||Forward|Resources|Expended||Losses|Forward|
|||||01-Apr-22
f||||f|31-Mar-23
f|
|Designated|funds|||||||||
|Community|fund|||2,705||(33,111)|331111||2,705|
|Marine Infrastructure||reserve||433,473|26,804|||(20,644)|439,433|
|SMI Medium
Infrastructure|Term
reserve|||857,239|18,870||12,725|(40,826)|847,808|
|Pembroke
fund reserve||||4,630,196|253,651|(106,427)||(494,541)|4,282,879|
|Watersports|Reserve|||202,299|48,575|(81,647)|||189,227|
|||||6,125,912|347,500|(221,185)|45,836|(556,011)|5,742,052|
|General funds||||||||||
|Dowry Fund|reserve|||15,501,052|891,509|(472,994)||(1,126,276)|14,793,291|
|Revaluation|reserve|||358,931||||(332,424)|26,507|
|General reserve||||512,377|930,471|(943,120)|(49,722)||450,008|
|||||16,372,360|1,821,980|(1,416,114)|(49,722)|(1,458,700)|15,269,804|
|Total Unrestricted||funds||22,498,272|2,169,480|(1,637,299)|(3,886)|(2,014,711)|21,011,856|
##
##
##
|RESTRICTED FUNDS|(B)|||||||
|---|---|---|---|---|---|---|---|
|||Brought|Incoming|Resources|Transfers|Gains
/|Carried|
|||Forward|Resources|Expended||(Losses)|Forward|
|||01-Apr-22|||||31-Msr-23|
|||6|||||6|
|Restricted funds||||||||
|Starfish
Play Area||332,030|10,676|(836)||(15,813)|326,057|
|Tadpole
Play Area||60,683|2,730|(5,355)||(2,890)|55,168|
|Community
centre endowment||210,142|6,345|(2,689)|3,886|(10,008)|207,676|
|Shark Park Play Area||29,232|2,508|(8,144)||(1,392)|22,204|
|SOB Reserve Fund||293,925|1,322||||295,247|
|Leviathan
Way/ Western Ave
Landscaping
Reserve||45,200||(4,800)|||40,400|
|Island Way Loop Road|fund|1,709,519|59,644|(92,973)||(81,416)|1,594,774|
|Sector 3Landscaping|Reserve|190,898|6,795|(127)||(9,092)|188,474|
|Sector 5 Landscaping|Reserve|22,600|840|(33,978)||(1,076)|(11,614)|
|Sector 13Landscaping|Reserve|707,810|24,728|||(33,709)|698,829|
|Total Restricted funds||3,602,039|115,588|(148,902)|3,886|(155,396)|3,417,215|
##
##
##
##
##
##
##
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##
##
##
##
|25.
ANALYSIS OF NET ASSETS BETWEEN|FUNDS||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total funds|Total funds|
||funds|funds|||
||2023f|2023
6|2023
6|2022
6|
|Tangible fixed assets|1,677,865||1,677,865|1,586,817|
|Heritage assets|||||
|Investment
properties|1,883,736||1,883,736|2,216,160|
|Fixed asset investments|19,535,795|3,417,215|22,953,010|24,675,339|
|Current assets|1,987,472||1,987,472|1,769,757|
|Creditors due within one year|(852,356)||(852,356)|(883,573)|
|Creditors due after more than one year|(2,568,459)||(2,568,459)|(2,611,992)|
|Provisions
for liabilities and charges|(652,197)||(652,197)|(662,197)|
||21,011,857|3,417,215|24,429,071|26,100,311|
##
##
##
||||2023|2022|
|---|---|---|---|---|
||||K|E|
|Net income for the year (as per Statement of|||(1,671,240)|1,198,506|
|Financial Activities)|||||
|Adjustment
for:|||||
|Depreciation
charges|||77,906|73,196|
|Losses/gains)
on investments|||2,170,107|(840,591)|
|Decrease/(increase)|in debtors||64,913|68,258|
|(Decrease)/increase|in creditors||(74,750)|441,130|
|Net cash provided
by operating||activities|566,935|938,499|
|27.
ANALYSIS OF|CASH AND|CASH EQUIVALENTS|||
||||2023|2022|
||||K||
|Cash at bank and in|hand||1,311,033|1,028,406|
|Total|||1,311,033|1,028,406|
##
##
|Future
minimum
rentals payable
under non-cancella|ble
operating
leases are as follows:||
|---|---|---|
||2023|2022|
||6|5|
|Within one year|7,855|8,118|
|In two to five years|14,671|1,205|
||22,526|9,323|
##
##
##
##
|Amounts
paid
follows:|by and balances owed by Chatham
Mari|time
Trust were as||
|---|---|---|---|
|||2023|2022|
||||2|
|Administration|expenses|163||
|Balance due at 31 March||||
##
|||2023|2022|
|---|---|---|---|
||||8|
|Annual|service charges|40,042|32,726|
|Balance|due at 31 March|(6,808)|30,452|
##
|||2023|2022|
|---|---|---|---|
|||8||
|Annual|service charges|24,250|25,268|
|Banner|Licence||50|
|Balance|due at 31 March|(3,458)|13,503|
##
##
##
|||2023f|2022
F|
|---|---|---|---|
|Charitable|donations|2,577|2,290|
|Balance due at 31 March||||
##
##
##
##
|32.
FINANCIAL
INS|TRUMENTS|TRUMENTS|TRUMENTS|TRUMENTS|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|The carrying
amounts|ofthe charity's||||financial||instruments|are as follows:|||
|FINANCIAL ASSETS|||||||||||
|Measured
at fair value through||||net|income/expenditure||||2023|2022|
||||||||||K|E|
|Fixed asset listed investments|||||||||||
||||||||||22953010|24675338|
|Debt instruments
measured|||at|amortised||cost|||2023|2022|
|Trade debtors|||||||||446,202|542,866|
|FINANCIAL LIABILITIES|||||||||||
|Measured
at amortised cost|||||||||2023|2022|
||||||||||6|F|
|Trade creditors|||||||||135,010|67,303|
|Other creditors|||||||||||
||||||||||21,438|33,571|
|Total|||||||||156,448|100,874|
|Income and expense|||||||||||
||||||||||2023|2022|
||||||||||8|8|
|Financial assets measured||at|fair|value through|||net income/expenditure||958,488|824,350|
|Net gains and losses|(including|||changes||in|fair value)||||
||||||||||2023|2022|
||||||||||6|F|
|Financial assets measured||at|fair|value through|||net income/expenditure||(1,837,683)|840,591|
##
##
|||||2023f|2022
f|
|---|---|---|---|---|---|
|Business support||grants|||16,000|
|Cancellation|ofbusiness||rates||2,280|
|Coronavirus|Job|Support|Scheme||5,851|
||||||24,131|
##
##
##
##
|||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds||
|||||2022|2022|2022|
||||Note|6|6||
|INCOME FROM:|||||||
|Donations
and legacies|||||||
|Investments||||723,238|101,112|824,350|
|Charitable
activities||||859,487||859,487|
|Other income||||864,461||864,461|
|TOTAL INCOME||||2,447,186|101,112|2,548,298|
|EXPENDITURE ON:|||||||
|Raising funds||||19,406|2,674|22,080|
|Other charitable
activities||||1,997,178|173,125|2,170,303|
|TOTAL EXPENDITURE|||10|2,016,584|175,799|2,192,383|
|||||430,602|(74,687)|355,915|
|NET INCOME BEFORE INVESTMENT|||||||
|GAINS/(LOSSES)|||||||
|Net gains/(losses)|on investments|||929,451|75,300|1,004,751|
|NET INCOME/(EXPENDITURE)||BEFORE|||||
|TRANSFERS|||||||
|||||1,360,053|613|1,360,666|
|Transfers
between|Funds||||||
|||||(10,043)|10,043||
|NET INCOME/(EXPENDITURE)|||||||
|||||1,350,010|10,656|1,360,666|
|Total funds at 1 April|||||||
|||||21,148,262|3,591,383|24,739,645|
|TOTAL FUNDS AT 31 MARCH||||22,498,272|3,602,039|26,100,311|
##
|37.
COMPARATIVE|37.
COMPARATIVE|37.
COMPARATIVE|STATEMENT OF FUNDS YEAR ENDED 31 MARCH 2022|STATEMENT OF FUNDS YEAR ENDED 31 MARCH 2022|STATEMENT OF FUNDS YEAR ENDED 31 MARCH 2022|STATEMENT OF FUNDS YEAR ENDED 31 MARCH 2022|STATEMENT OF FUNDS YEAR ENDED 31 MARCH 2022|||
|---|---|---|---|---|---|---|---|---|---|
|SUMMARY||||||||||
|||||Brought|Incoming|Resources|Transfers|Gains
/|Carried|
|||||Forward|Resources|Expended|in/out|Losses|Forward|
|||||01-Apr-21||||F|31-Mar-22
f|
|Designated|funds|||5,696,522|305,909|(139,336)|(3,110)|265,927|6,125,912|
|General funds||||15,451,740|2,141,278|(1,877,248)|(6,933)|663,523|16,372,360|
|Unrestricted|funds (A)|||21,148,262|2,447,187|(2,016,584)|(10,043)|929,450|22,498,272|
|Restricted
funds (B)||||3,591,383|101,113|(175,800)|10,043|75,300|3,602,039|
|||||24,739,645|2,548,300|2,192,384)||1,004,750|26,100,311|
|(A)
UNRESTRICTED FUNDS||||||||||
|||||Brought
Forward|Incoming
Resources|Resources
Expended|Transfers|Gains
/
Losses|Cerned
Forward|
|||||01-Apr-21|||||31-Mar-22|
|Designated|funds|||||||||
|Community|fund|||2,705||(4,540)|4,540||2,705|
|Marine Infrastructure|||reserve|397,009|26,904|||9,560|433,473|
|SMI Medium
Infrastructure|Term
reserve|||828,354|16,587||(7,650)|19,948|857,239|
|Pembroke
fund reserve||||4,227,476|219,126|(52,825)||236,419|4,630,196|
|Watersports|Reserve|||240,978|43,292|81 971|||202,299|
|||||5,696,522|305,909|139,336|3,110)|265,927|6,125,912|
|General funds||||||||||
|Dowry Fund|reserve|||14,605,378|1,273,831|(877,520)||499,363|15,501,052|
|Revaluation|reserve|||194,771||||164,160|358,931|
|Profit & Loss A/c||||651 591|867447|999,728|6,933|-|512,377|
|||||15,451,740|2,141,278|1,877,248|6,933|663,523|16372,360|
|Total Unrestricted||funds||21,148,262|2,447,187|2,016,584)|10,043|929,450|22,498,272|
##
##
##
|(B)
RESTRICTED|FUNDS|||||||
|---|---|---|---|---|---|---|---|
|||Brought
Forward|Incoming
Resources|Resources
Expended|**T**
f
ransfers|Gains
/
(Losses)|Carried
Forward|
|||01-Apr-21|||||31-Mar-
22|
|||6|||||E|
|Restricted funds||||||||
|Starfish Play Area||319,693|8,832|(4,194)||7,699|332,030|
|Tadpole Play Area||61,962|2,225|(4,996)||1,492|60,683|
|Community
centre||199,088|5,250|(9,033)|10,043|4,794|210,142|
|endowment||38,748|2,074|(12,523)||933|29,232|
|Shark Park Play Area||290,182|3,743||||293,925|
|SOBReserve Fund||50,000||(4,800)|||45,200|
|Leviathan
Way/ Western Ave
Landscaping
Reserve||1,690,429|48,299|(66,925)||37,716|1,709,519|
|Island Way Loop Road|fund|188,003|5,925|(7,557)||4,527|190,898|
|Sector 3 Landscaping|Reserve|22,943|663|(1,558)||552|22,600|
|Sector 5 Landscaping|Reserve|730,335|24,102|(64,214)||17,587|707,810|
|Total Restricted funds||3,591,383|101,113|(175,800)|10,043|75,300|3,602,039|