| Contents | Page | ||||
|---|---|---|---|---|---|
| Trustees' Report |
1 —3 | ||||
| Report ofthe Independent | Examiner | ||||
| Statement ofFinancial | Activities | (including | income and | ||
| expenditure account) |
|||||
| Balance Sheet | |||||
| Notes to the Financial | Statements | 7-10 |
| Unrestricted | Funds | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 2021 | 2020 | |||||
| INCOME AND ENDOWMENTS FROM: | |||||||
| Investments | 145,198 | 243,951 | |||||
| Total income and endowments | 145,198 | 243,951 | |||||
| EXPENDITURE ON: | |||||||
| Expenditure on raising funds |
(76,522) | (62,302) | |||||
| Expenditure on charitable activities |
(48,058) | (40,676) | |||||
| Total expenditure | ~124,580 | ~102,978 | |||||
| Net income | 20„618 | 140,973 | |||||
| Gain/(loss) on revaluation ofinvestment |
assets | 5,500 | (4,473) | ||||
| NET MOVEMENT IN FUNDS | 26,118 | 136,500 | |||||
| Reconciliation offunds: | |||||||
| Total funds brought forward |
2,646,361 | 2,509,861 | |||||
| Total funds carried forward | 2,672,479 | 2,646,361 | |||||
| All income and expenditure | derive &om continuing | activities. |
| Notes | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|
| FIXEDASSETS | |||||||
| Investments | 2,398,462 | 2,392,529 | |||||
| CURRENT ASSETS | |||||||
| Debtors | 42,882 | 7,464 | |||||
| Cash at bank in hand | 234,435 | 249,368 | |||||
| 277,317 | 256,832 | ||||||
| Creditors: amounts | falling due within one year | 8 | ~3,300 | ||||
| Net current assets | 274,017 | 253,832 | |||||
| NET ASSETS | 2,672,479 | 2,646,361 | |||||
| TOTAL CHARITY FUNDS —Unrestricted | |||||||
| funds | 2,672,479 | 2,646,361 |
| 2021 | 2020 | |
|---|---|---|
| Rental income | 144,654 | 243,378 |
| Interest receivable | 112 | 232 |
| Dividends receivable &om investments |
432 | 341 |
| 145,198 | 243,951 |
| Expenses and repairs to rental properties Agent's fees |
Expenses and repairs to rental properties Agent's fees |
55,450 21,072 |
33,482 28,820 |
|||
|---|---|---|---|---|---|---|
| 76,522 | 62,302 | |||||
| 5. | EXPENDITURE ON | CHARITABLE ACTIVITIES | ||||
| Governance costs: |
||||||
| Independent examiners |
fees | 3,000 | 3,000 | |||
| Accountancy services |
300 | 708 | ||||
| Legal and professional | fees | 560 | 420 | |||
| Bank charges | 69 | 150 | ||||
| Donations: | ||||||
| Hereford Cider Museum | CIO | 15,000 | 16,000 | |||
| Donations to individuals Hereford Make CIC |
and Hereford College ofArts | 5,000 | 3,250 500 |
|||
| The Courtyard | 12,000 | 12,000 | ||||
| Lydia Stansbury | 10,000 | |||||
| The Society for the Protection ofAncient Buildings | 94 | 94 | ||||
| Gallery —Old Mayor's | Parlour running | costs | 2,035 | 4,554 | ||
| 48,058 | 40,676 | |||||
| 6. | FIXEDASSETINVESTMENTS | |||||
| Market Value | Freehold | Listed | Total | |||
| Investment | Investments | |||||
| ~Pro erty | ||||||
| As at 1 April 2020 Additions |
2,375,683 | 16,846 433 |
2,392,529 433 |
|||
| Revaluations | 5,500 | 5,500 | ||||
| As at 31March 2021 | 2,375,683 | 22,779 | 2,398,462 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Rents receivable irom | agents | 42,882 | 7,464 | |
| 8. | CREDITORS: Amounts | falling due within one year | ||
| Accruals and deferred | income | 3,300 | 3,000 |