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|Contents|||||Page|
|---|---|---|---|---|---|
|Trustees'<br>Report|||||1 —3|
|Report ofthe Independent||Examiner||||
|Statement ofFinancial|Activities||(including|income and||
|expenditure<br>account)||||||
|Balance Sheet||||||
|Notes to the Financial|Statements||||7-10|





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|||||Unrestricted|Funds||||
|---|---|---|---|---|---|---|---|---|
||||Notes|2022|||2021||
|INCOME AND ENDOWMENTS||FROM:|||||||
|Investments||||241,174||145,198|||
|Total income and endowments|||||241,174|||145,198|
|EXPENDITURE ON:|||||||||
|Expenditure<br>on raising funds||||(88,974)||(76,522)|||
|Expenditure<br>on charitable<br>activities||||(35,480)||(48,058)|||
|||||(124,454)|||||
|Total expenditure||||||||124,580|
|Net income|||||116,720|||20,618|
|Gain on revaluation<br>ofinvestment||assets|||1,448|||5,500|
|NET MOVEMENT IN FUNDS|||||118,168|||26,118|
|Reconciliation<br>offunds:|||||||||
|Total funds brought<br>forward||||2,672,479||||2,646,361|
|Total funds carried forward||||2,790,647||||2,672,479|
|All income and expenditure|derive from continuing||activities.||||||





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|||Notes||2022|||2021||
|---|---|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||||
|Investments|||||2,400,240|||2,398,462|
|CURRENT ASSETS|||||||||
|Debtors||||||42,882|||
|Cash at bank in hand|||393,887|||234,435|||
||||393,887|||277,317|||
|Creditors: amounts|falling due within one year|8|~3,480||||||
|Net current assets|||||390,407|||274,017|
|NET ASSETS|||||2,790,647|||2,672,479|
|TOTAL CHARITY FUNDS —Unrestricted|||||||||
|funds|||||2,790,647|||2,672,479|






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||2022|2021|
|---|---|---|
|Rental income|240,795|144,654|
|Interest receivable|48|112|
|Dividends<br>receivable &om investments|331|432|
||241,174|145,198|





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||Expenses and repairs to rental properties|Expenses and repairs to rental properties||46,496|55,450||
|---|---|---|---|---|---|---|
||Agent's fees|||42,478|21,072||
|||||88,974|76,522||
|5.|EXPENDITURE ON|CHARITABLE ACTIVITIES|||||
||Governance<br>costs:||||||
||Independent<br>examiners|fees||3,000|3,000||
||Accountancy<br>services|||480|300||
||Legal and professional|fees||1,656|560||
||Bank charges|||98|69||
||Sundry expenses|||523|||
||Donations:||||||
||Hereford Cider Museum|CIO|||15,000||
||Donations to individuals|and Hereford College ofArts||2,300|||
||Hereford Make CIC|||7,250|5,000||
||The Courtyard|||17,000|12,000||
||Lydia Stansbury||||10,000||
||The Society for the Protection ofAncient Buildings||||94||
||Gallery —Old Mayor*s|Parlour running|costs|3,173|2,035||
|||||35,480|48,058||
|6.|FIXEDASSET INVESTMENTS||||||
||Market Value|||Freehold|Listed|Total|
|||||Investment|Investments||
|||||~Pro erty|||
||As at I April 2021|||2,375,683|22,779|2,398,462|
||Additions||||330|330|
||Revaluations||||1,448|1,448|
||As at 31March 2022|||2,375,683|24,557|2,400,240|



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|7.|DEBTORS|||||
|---|---|---|---|---|---|
|||||2022|2021|
||Rents receivable from|agents|||42,882|
|8.|CREDITORS: Amounts|falling due within|one year|||
||Accruals and deferred|income||3,480|3,300|