## ## ## |||||||Page| |---|---|---|---|---|---|---| |Reference and administrative||details ofthe Charity,|||its Trustees and advisers|| |Trustees'
report||||||2-3| |Independent
auditor's|report|||||4-6| |Statement offinancial|activities|||||| |Balance sheet||||||| |Notes to the financial|statements|||||9-18| |The following
pages do|not form|part ofthe statutory||accounts:||| |Detailed income and expenditure|||account|||19| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Endowment|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|Funds|Funds| |||||Note|f|f|2023
f|2022
f| |INCOME FROM:||||||||| |Donations
and legacies|||||700||700|300| |Investments|||||137,135||137,135|119,647| |Charitable
activities|||||193,535||193,535|182,556| |Other|||||50||50|50| |TOTAL INCOME|||||331,420||331,420|302,553| |EXPENDITURE ON:||||||||| |Raising funds||||5|19,278||19,278|28,408| |Charitable
activities||||6|224,756|2,410|227,166|223,422| |TOTAL EXPENDITURE|||||244,034|2,410|246,444|251,830| |NET INCOME I(EXPENDITURE)|||||87,386|(2,410)|84,976|50,723| |NET GAINS/(LOSSES)|ON|INVESTMENTS||||||| |Unrealised
Gains and losses on revaluation|||of|||||| |Investment
properties
Investments||||12
13|(4,898)
(15,938)|(5,102)
(7,022)|(10,000)
(22,960)|(455,172)
62,795| |TOTAL GAINS/(LOSSES)||ON INVESTMENTS|||~29939|~12123|~32 999|~392322| |NET MOVEMENT
IN FUNDS FOR THE YEAR|||||66,550|(14,534)|52,016|(341,654)| |Total funds at 1 April 2022||||22|2,813,911|1,547,638|4,361,549|4,703,203| |TOTAL FUNDS AT 31 MARCH 2023||||17|f2,880,461|f1,533,104|f4,413,565|f4,361,549| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |.|INCOME|ROM DO|ATI|NS||||||Unrestricted|Funds| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||2023|2022| |||||||||||f|f| ||Donations|||||||||f700|f300| |3.|INCOME FROM INVESTMENTS|||||||||Unrestricted|Funds| |||||||||||2023
f|2022
f| ||Rent from|investment|properties|||||||119,996|105,254| ||Income from investments|||||||||17,122|14,392| ||Interest receivable|||||||||17|1| |||||||||||f137135|f119647| |4.|INCOME FROM CHARITABLE|||||ACTMTIES||||Unrestricted|Funds| |||||||||||2023|2022f| ||Maintenance
contributions|||from||almshouses||||80,227|76,994| ||Rents from|affordable|housing|||||||113,308|105,562| |||||||||||E193,535|E182,556| |5.|EXPENDITURE ON RAISING||||FUNDS|||||Unrestricted|Funds| |||||||||||2023|2022| |||||||||||f|f| ||Investment|properties'|expenses|||||||12,604|17,095| ||Letting agents' fees
Legal fees|||||||||5,866|8,335
2,221| ||Staff costs||||||||||734| ||Book printing
and associated||||costs (adjusted||for|stock)|||23| |||||||||||f19,278|f28,408| |6.|EXPENDITURE ON CHARITABLE ACTIVITIES||||||||||| ||2023||||||Direct costs|||Support|Total| ||||||Other direct|||Staff|Depreciation|costs|| |||||||costs||costs|and disposals|(Note 7)|| |||||||f.|||||2023f| ||Grants and|gifts (Note|9)|||37,421||||13,614|51,035| ||Almshouses|||||56,750||10,335|15,819|13,615|96,519| ||Affordable|Housing||||35,037||3,691|27,270|13,614|79,612| |||||||E129208||E14 026|E43089|E40 843|5227 166| ||2022||||||Direct costs|||Support|Total| ||||||Other direct|||Staff|Depreciation|costs|| |||||||costs||costs|and disposals|(Note 7)|| |||||||f||||f|2022
f.| ||Grants and|gifts (Note|9)|||29,533||||13,093|42,626| ||Almshouses|||||44,733||10,275|15,026|13,093|83,127| ||Affordable|Housing||||52,365||3,670|28,540|13,094|97,669| |||||||E126 631||f13945|E43 566|E39280|7223 422| ## ## ## ## ## ## ## |paid to a relative ofa trustee. The tru
TANGIBLE FIXEDASSETS|stee was not involved
|in the decision to|make the gran|t )| |---|---|---|---|---| ||Freehold|Furniture||| ||land and|fittings and|Housing|| |COST OR VALUATION|buildings|equipment
F|equipment|Totalf| |At 1 April 2022|2,109,901|11,428|212,254|2,333,583| |Additions|||13,255|13,255| |At 31 March 2023|2 109901|11,428|225,509|2 346 838| |DEPRECIATION||||| |At 1 April 2022|599,617|11,428|151,618|762,663| |Charge for the year|29,621||13,468|43,089| |At 31 March 2023|629238|11428|165086|805 752| |NET BOOK VALUE||||| |At 31 March 2023|El 480 663||E60 423|51 541 D86| |At 31 March 2022|61 510284||960636|El 570 920| |INVESTMENT PROPERTIES||||Freehold| |||||pi o party| |||||F| |VALUATION||||| |At 1 April 2022
Revaluation||||1,851,000
~70.000| |At 31 March 2023||||21 841 Mll| ## ||| |---|---| |FIXEDASSET INVESTMENTS|Charitable| ||Common| ||Investment| |MARKET VALUE|Fundsf| |At 1 April 2022|828,696| |Additions
at cost
Revaluations
At 31 March 2023|140,000
~22,960
E945 736| ## ## ## ## |SUPPORT COSTS||Unrestricted|Funds| |---|---|---|---| |||2023|2022| |GOVERNANCE COSTS||f|| |Accountancy fees:|||| |Audit||3,706|3,563| |Accounts preparation||2,871|2,734| |Payroll and|auto-enrolment|747|687| |Vat Returns|and assistance|2,894|1,676| |Insurance||2,536|2,247| |Staff costs||6,326|5,729| |Professional
fess||2,604|5,406| |||21,684|22,042| |OTHER SUPPORT COSTS|||| |Staff costs||18,979|17,188| |Office expenses||180|50| |Total||540,843|539,280| |STAFF COSTS||Total|Total| |||2023
f.|2022f| |Wages and salaries||39,514|37,111| |Pension costs||555|486| |||f40,069|f37,597| ## ## |management
personnel
ofthe
was f40,069(2022:f37,596).|management
personnel
ofthe
was f40,069(2022:f37,596).|charity. Ths total cost of|the key managem|ent
personnel
du|ring
ths year| |---|---|---|---|---|---| |GRANTS AND GIFTS||||Total|Total| |||||2023
F|2022f| |To individuals||||29,034|28,333| |To institutions||||8,387|1,200| |||||532 421|529 533| |Grants to Individuals||Number|Total|Number|Total| |||ofgrants|2023f|ofgrants|2022f| |General grants||21|2,601|37|8,825| |Educational|grants|15|26,433|11|19,508| |||38|929034|48|528 333| ## ## ## |14.|STOCK||||||| |---|---|---|---|---|---|---|---| |||||||2023|2022| |||||||f|| ||Stock ofbooks "The Penny Loaves ofCorfe Castle"|||||E2 355|E2 425| |15.|DEBTORS||||||| ||AMOUNTS
FALLING DUE WITHIN ONE YEAR||||||| |||||||2023|2022f| ||Trade debtors|||||17,978|18,251| ||I oans to individuals|||||3,850|5,858| ||Prepayments
and accrued income|||||12,310|10,320| |||||||f34,138|f34,429| ||AMOUNTS
FALLING DUE AFTER MORE THAN ONE YEAR||||||| |||||||2023|2022| |||||||f.|f| |||||||6,698|10,723| |||||||12,332|14,027| |||||||E19030|224 750| ||The loans have been made
on an interest-free|basis to|individual|households||that have encountered|| ||serious financial
difficulty,
and are being repaid by monthly||instalments.||The loans are unsecured.||| ||Total Loans to individuals|||||2023|2022f| ||Balance at 1 April 2022|||||16,581|17,875| ||New loans authorised
in year||||||7,556| ||Amounts
written off
Amounts
repaid
in the period
Balance at 31 March 2023||||(1,871)
(3,525)
~4, 162 ~5,325
E10548
E16581||| |16.|CREDITORS:||||||| ||AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||2023f|2022f| ||Rent deposits|||||6,071|6,071| ||VAT, Social security and other taxes|||||6,061|3,822| ||Other creditors|||||3,934|2,059| ||Accruals and deferred
income|||||30,910|33,666| ||Accruals for grants payable|||||1,250|| |||||||5411226|545 618| ||Deferred income|||||2023f|2022f| ||Balance at 1 April 2022|||||16,538|11,295| ||Amounts
released to incoming resources|||||(16,538)|(11,295)| ||Amounts
deferred
in the period|||||18,461|16,538| ||Balance at 31 March 2023|||||E18461|E16538| ||Deferred income comprises
the portion of rent that relates||to periods|after the||balance sheet date.|| ||Accruals for grants
payable|||||2023f|2022f| ||Grant commitments
recognised as at 1 April 2022||||||95| ||New grant commitments
charged to the SOFA in
Grants
paid during the year|year|||37,421
29,628
~36,171 ~29,723||| ||Grant commitments
recognised as at 31 March 2023|||||81 250|| ## ## ## ## |2023|||Brought|Income|Expenditure|Gains/|Carried| |---|---|---|---|---|---|---|---| ||||Forwardf|6|f|(Losses)
6|Forward| |ENDOWMENT|FUNDS||||||| |Endowed
Funds|||1,547,638||(2,410)|(12,124)|1,533,104| |UNRESTRICTED FUNDS|||||||| |General
Fund|||1,805,656|331,420|(224,779)|(20,836)|1,891,461| |Designated
Property||Fund|1,008,255||(19,255)|-|989,000| ||||2,813,911|331,420|(244,034)|(20,836)|2,880,461| |TOTAL FUNDS|||64,361,549|f331,420|6(246,444)|(32,960)|f4,413,565| |2022|||Brought|Income|Expenditure|Gains/|Carried| ||||Forwardf|||(Losses)
6|Forward
6| |ENDOWMENT
Endowed
Funds|FUNDS||1.704888||~2410|~754 840|1 547 638| |UNRESTRICTED FUNDS|||||||| |General
Fund|||1,970,805|302,553|(230,165)|(237,537)|1,805,656| |Designated
Property||Fund|1,027,510||(19,255)|-|1,008,255| ||||2 998315|302 553|~249 420|~237537|2 813911| |TOTAL FUNDS|||f4 703203|8302 553|~2257 830|~392377|24 361 549| ## ## |ANALYS|IS|OF NET ASSETS BETWEEN F|UNDS||| |---|---|---|---|---|---| ||||Unrestricted|Endowment|Total| ||||Funds|Funds|Funds| |2023|||2023|2023f|2023f| |Tangible|fixed assets||1,339,224|201,862|1,541,086| |Investment||properties|690,067|1,150,933|1,841,000| |Fixed asset||investments|765,427|180,309|945,736| |Debtors|due in more than one year||19,030||19,030| |Stock|||2,355||2,355| |Debtors|due in less than one year||34,138||34,138| |Cash at|bank and in hand||78,446||78,446| |Liabilities|||(48,226)||(48,226)| ||||f2,880,461|f1,533,104|f4,413,565| ||||Unrestricted|Endowment|Total| ||||Funds|Funds|Funds| |2022|||2022f|2022f|2022f| |Tangible|fixed assets||1,366,648|204,272|1,570,920| |Investment||properties|694,965|1,156,035|1,851,000| |Fixed asset||investments|641,365|187,331|828,696| |Debtors|due in more than one year||24,750||24,750| |Stock|||2,425||2,425| |Debtors|due in less than one year||34,429||34,429| |Cash at|bank and in hand||94,947||94,947| |Liabilities|||(45,618)||(45,618)| ||||f2 813911|61 547638|f4 361 549| ## ## ||||2023f|2022f| |---|---|---|---|---| |Due|in|not later than one year|64,167|63,000| |Due|in|later than one year and not later than five years|177,333|202,500| |Due|in|later than five years|170,000|212,500| ||||411500|478000| ## ## ## ## |COMPARATIVE STATE|ME|NT OF FINANC|IAL A|CTIVIT|Y FOR YEAR END|ED 31 MARCH 20|22| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Endowment|Total| ||||||Funds|Funds|Funds| |||||Note|||2022f| |INCOME FROM:|||||||| |Donations
and legacies|||||300||300| |Investments|||||119,647||119,647| |Charitable
activities|||||182,556||182,556| |Other|||||50||50| |TOTAL INCOME|||||302553||302 553| |EXPENDITURE ON:|||||||| |Raising funds|||||28,408||28,408| |Charitable
activities|||||221,012|2,410|223,422| |TOTAL EXPENDITURE|||||249,420|2
10|251830| |NET INCOME
/ (EXPENDITURE)|||||53,133|(2,410)|50,723| |NET GAINS/(LOSSES)|ON|INVESTMENTS|||||| |Unrealised
Gains and losses on revaluation|||of||||| |Investment
properties||||13|(285,388)|(169,784)|(455,172)| |Investments||||14|47,851|14,944|62,795| |TOTAL GAINS/(LOSSES)||ON INVESTMENTS|||~237537|~104,840|~392377,| |NET MOVEMENT
IN FUNDS FOR THE YEAR|||||(184,404)|(157250)|(341 654)| |Total funds at 1 April 2021|||||2,998,315|1,704,888|4,703,203| |TOTAL FUNDS AT 31 MARCH 2022||||18|72 813911|51 517638|54361549|