| Page | |||
|---|---|---|---|
| Reference aud Administrative Details |
|||
| Report ofthe Trustees | 2 | to | 4 |
| independent Esandner's Report |
|||
| Statemeat ofFinancial Activities | |||
| Balaace Sheet | |||
| Notes to the Financial Statemeats | 8 | to | 14 |
| DetaUed Statement ofFinancial Activities | 15 |
| TRUSTEES | A A EGlenton CBETDDL Chairman |
|---|---|
| EH Lowe OBEDL | |
| PJBaker OBE | |
| EAGreen | |
| VBJassal | |
| IMoir (appointed 8.3.22) | |
| PRINCIPAL ADDRESS | 53 Old Elvet |
| Durham | |
| Co Durham | |
| DH1 3JJ | |
| REGISTERED CHARITY | 1059373 |
| NUMBER | |
| INDEPENDENT EXAMINER | Clive Owen LLP |
| Kepler House | |
| Belmont Business Park | |
| DURHAM | |
| County Durham | |
| DH1 ITW |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Resuicted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | I | f | f | 6 | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations | 250 | 250 | 222,726 | |||
| Investment income |
27,104 | 27,104 | 23,836 | |||
| Total | 27,354 | 27,354 | 246,562 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 5 | 11,845 | (170) | 11,675 | 9,480 | |
| Charitable activities |
6 | |||||
| Grant funding | 11,633 | 7,790 | 19,423 | 20,562 | ||
| 3,056 | ||||||
| Total | 23,478 | 7,620 | 31,098 | 33,09& | ||
| Net gains on investments | 108,491 | 17,988 | 126,479 | 181,427 | ||
| NET INCOME | 112,367 | 10,368 | 122,735 | 394,891 | ||
| RECONCILIATION | OFFUNDS | |||||
| Total fuads brought | forward | 842,502 | 318,410 | 1,160,912 | 766,021 | |
| TOTAL FUNDS CARRIED FORWARD | 954,869 | 328,778 | 1383,647 | 1,160,912 |
| 31M | arch 2022 | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Notes | fund | fund | fimds | fundsf | |
| FIXEDASSETS | |||||
| Investments | 10 | 906,829 | 328,778 | 1,235,607 | 1,124,879 |
| CURRENT ASSETS | |||||
| Debtors | 11 | 1,606 | 1,606 | 1,436 | |
| Cash at bank | 50,921 | 50,921 | 38,580 | ||
| 52,527 | 52,527 | 40,016 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (4,487) | (4,487) | (3,983) | |
| NKT CURRENT ASSETS | 48,040 | 48,040 | 36,033 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 954,869 | 328,778 | 1383,647 | 1,160,912 | |
| NET ASSETS | 954,869 | 328,778 | 1383,647 | 1,160,912 | |
| FUNDS | 13 | ||||
| Unrestricted funds |
954,869 | 842,502 | |||
| Restricted funds |
328,778 | 318,410 | |||
| TOTAL FUNDS | 1383,647 | 1,160,912 |
| RAISING FUNDS | RAISING FUNDS | |||
|---|---|---|---|---|
| Raising donations and |
legacies | |||
| 2022 | 2021 | |||
| f. | ||||
| Honorarium | payinents | 399 | 400 | |
| Investment | maaagement | costs | ||
| 2022 | 2021 | |||
| 6 | ||||
| Investment | management | costs | 11,276 | 9,080 |
| for the Year Ended 3 CHARITABLEAC~ COSTS |
1March 2022 | |
|---|---|---|
| Grant Fending | 2022 f |
2021 6 |
| Detwenthaugh Boat Station |
3,360 | |
| Bernard Castle School CCF | 300 | |
| Keaton School CCF | 1,350 | |
| Boldon School CCF | 750 | |
| Durham ACF | 7,520 | 4350 |
| Cleveland ACF | 1,917 | |
| Northumbria ACF |
100 | |
| Waiher Academy CCF | 4,380 | |
| Unity City Academy CCF Longbcnton Squadmn |
3,860 | 4,795 3,497 |
| Cadet Triathlon Club |
273 | 280 |
| 16,182 | 20,562 |
| 7. | SUPPORT COSTS | |||
|---|---|---|---|---|
| Governance | ||||
| Management 6 |
costs f |
Totals f |
||
| Grant funding | 1,749 | 1,492 | 3,241 | |
| Support costs, included in the above, are as follows; | ||||
| Managemeat | 2022 | 2021 | ||
| Grant | Total | |||
| 5mding | activities | |||
| 6 | ||||
| Insurance | 1,749 | 1,418 |
| SUPPORT Governance |
COSTS - costs |
continued | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Grant | Total | |||
| funding f |
acnvlncs f. |
|||
| Independent | examiner | fees | 1,492 | 1,638 |
| COMPARATIVES F | ORTHE STATEMENT OF FI | NANCIAL~ | ||
|---|---|---|---|---|
| Umcstricted | Restricted | Total | ||
| fundf | fundI | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations | 6,742 | 215,984 | 222,726 | |
| Investment income |
23,836 | 23,836 | ||
| Total | 30,578 | 215,984 | 246,562 | |
| EXPENDITURE ON | ||||
| Raising funds | 9,480 | 9,480 | ||
| Charitable activities |
||||
| Grant funding | 16312 | 4,250 | 20,562 | |
| 3,056 | 3,056 | |||
| Total | 28,848 | 4350 | 33,098 | |
| Net gains on investments | 124,776 | 56,651 | 181,427 | |
| NET INCOME | 126,506 | 268,385 | 394,891 | |
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 715,996 | 50,025 | 766,021 |
| TOTAL FUNDS CARRIED FORWARD | 842,502 | 318,410 | 1,160,912 |
| Listed | ||||||
|---|---|---|---|---|---|---|
| investments | ||||||
| f | ||||||
| MARKET VALUE | ||||||
| At 1April 2021 | 1,124,879 | |||||
| Additions | 124,273 | |||||
| Dispossls | (52,721) | |||||
| Revaluations | 39,176 | |||||
| At 31March 2022 | 1335,607 | |||||
| NKT BOOKVALUE | ||||||
| At 31March 2022 | 1235,607 | |||||
| At 31 March 2021 | 1,124,879 | |||||
| Cost orvaluation | at 31March 2022 isrepresented | by: | ||||
| Listed | ||||||
| investnlents | ||||||
| f | ||||||
| Valuation in 2022 |
1,235,607 | |||||
| 11. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR | |||||
| 2022 f |
2021f | |||||
| Prepayments | 1,606 | 1,436 | ||||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2022 | 2021 | |||||
| f | ||||||
| Other creditors | 4,487 | 3,983 | ||||
| 13. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At | 1.4.21 | in funds | 31.3.22 | |||
| f | f | |||||
| Unrestricted fends |
||||||
| General fimd | 842,502 | 112,367 | 954,869 | |||
| Restricted funds | ||||||
| Restricted funds |
31$,410 | 10,36$ | 328,778 | |||
| TOTAL FUNDS | 1,160,912 | 122,735 | 1,283,647 |
| Net movement | in funds, included | in funds, included | in funds, included | in the above | are as follows: | |||
|---|---|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||||
| fcsourccs | expended | losses | in funds | |||||
| f. | f. | |||||||
| Unrestricted | funds | |||||||
| General fund | 27,354 | (23,478) | 108,491 | 112,367 | ||||
| Restricted funds | ||||||||
| Restricted funds |
(7,620) | 17,988 | 10,368 | |||||
| TOTAL FUNDS | 27,354 | (31,098) | 126,479 | 122,735 | ||||
| Comparatives | for movement | ln | funds | |||||
| Net | ||||||||
| luovculcnt | At | |||||||
| At 1.4.20 | in funda | 31.3.21 | ||||||
| f | f | f | ||||||
| Unrestricted | funds | |||||||
| General fimd | 715,996 | 126,506 | 842,502 | |||||
| Restricted fends | ||||||||
| Restricted funds |
50,025 | 268,385 | 318,410 | |||||
| 766,021 | 394,891 | 1,160,912 | ||||||
| Comparative | net movement | in | funds, included | in the above are as foUows: | ||||
| incoming | Resources | Gains and | Movement | |||||
| tcsoufccs f |
expended f |
losses f |
in funds f |
|||||
| Unrestricted | funds | |||||||
| General fund | 30,578 | (28,848) | 124,776 | 126,506 | ||||
| Restricted funds | ||||||||
| Restricted funds |
215,984 | (4450) | 56,651 | 268,385 | ||||
| TOTAL FUNDS | 246,562 | (33,098) | 181,427 | 394,891 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.420 f. |
in funds I |
31.3.22 I |
|
| Unrestricted funds |
|||
| General fund | 715,996 | 238,873 | 954,869 |
| Restricted fends | |||
| Restricted funds | 50,025 | 278,753 | 328,778 |
| TOTAL FUNDS | 766,021 | 517,626 | 1,283,647 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| rcsourctu f |
expended | losses f, |
in funds f |
|
| Unrestricted funds |
||||
| General fund |
57,932 | (52,326) | 233,267 | 238,873 |
| Restricted funds | ||||
| Restricted funds | 215,984 | (11,870) | 74,639 | 278,753 |
| TOTAL FUNDS | 273,916 | (64,196) | 307,906 | 517,626 |
| The Viscount Ridley North ofEngland Cadet Forces Trust |
The Viscount Ridley North ofEngland Cadet Forces Trust |
|||||
|---|---|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | ||||||
| for the Year Ended 31March 2022 | ||||||
| 2022 | 2021 | |||||
| 6 | ||||||
| INCOME AND ENDOWMENTS | ||||||
| Donations | ||||||
| Donations | 250 | 221,237 | ||||
| Refunds for grants made | 1,489 | |||||
| 250 | 222 726 | |||||
| Iavestmeat income |
||||||
| Dividends and interest from |
managed | funds | 27,104 | 23,836 | ||
| Total incoming resources | 27,354 | 246,562 | ||||
| Raising donations and legacies |
||||||
| Honorarium payments |
399 | 400 | ||||
| Iavestmeat management |
costs | |||||
| Investment management |
costs | 11,276 | 9,080 | |||
| Charitable activities |
||||||
| Grant funding | 16,182 | 20,562 | ||||
| Support costs | ||||||
| Management | ||||||
| Insurance | 1,749 | 1,418 | ||||
| Governance costs |
||||||
| Independent examiner |
fees | 1,492 | 1,638 | |||
| Total resources expended | 31,098 | 33,098 | ||||
| Net (expenditure)/income | before gains | and | ||||
| losses | (3,744) | 213,464 | ||||
| Realised r cegaised gains | aad losses | |||||
| Gains/(losses) on fixed asset investments |
126,479 | 181,427 | ||||
| Net income | 122,735 | 394,891 |