2023-02-28-accounts - Swans Trust (Shaftesbury)

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				Page
Report ofthe Trustees			1	to	3
Tndependent Examiner's	Report
Statement uf Financial	Activities
Balance Sheet			6	to	7
Notes to the Financial Staterucnts			8	to	15
Detafled Statement ofFinancial		Actlvitim	16	to	17

				2023	2022
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	fulltls
	Notes	f,	f,	f,	f,
FIXEDASSETS
Tangible assets	13	187,558		187,558	188,674
CURRENT ASSETS
Debtors	14	181		181	158
Cash at bank and in hand		82,423	8,293	90,716	83,094
		82,604	8,293	90,897	83,252
CREDITORS
Amounts falling due within one year	15	(7,507)		(7,507)	(7,541)
NET CURRENT ASSETS		75,097	8,293	83,390	75,711
TOTAL ASSETSLESSCURRENT
LIABILITIES		262,655	8,293	270,948	264,385
NET ASSETS		262,655	8,293	270,948	264,385
FUNDS	16
Um estricted funds				262,655	256,296
Restricted funds				8,293	8,089
TOTAL FUNDS				270,948	264,385

	Investmeut	management	management	costs
							2023	2022
							f	f
	Depreciation						1,116	1,116
	GRANTS PAYABLE
							2023	2022
								f
	Charitable Activities						2,795	4,095
	The total grauts paid to institutions				during	the year was as follows;
							2023	2022
	Cobblebox Ltd							2,667
	Dementia Society							228
	Butler TLW	Dance					2,795
	Other grants							1,200
							2,795	4,095
8.	SUPPORT	COSTS
	Support costs in the year are as foHows:
							2023	2022
							f.
	Accountancy	fees					1,123	1,963
							1,123	1,963
9.	NET INCOME/(EXPENDITURE)
	Net income/(expeuditure)			is stated	ader charging/(crediting):
							2023	2022
							f.	6
	Depreciation	—owned assets					1,116	1,116
	Independent	Examiner	fee				1,275	1,440

STAFF COSTS
								2023	2022
									6
Wages and salaries								5,777	4,799
								5,777	4,799
All pensiou payments	were part ofa defined		contribution		plan.	There was	no liability	due at the year end.
The average monthly	number ofemployees		during	the year was		as follows:
								2023	2022
Head count								1	1
No eniployees received eiuoluinents		in excess off60,000.
COMPARATIVKS FOR THE STATEMENT OFFINANCIAL ACTIVITIES
						Unrestricted		Restricted	Total
INCOME AND ENDOWMENTS		FROM					fundf	funds f.	fuliilsf
Donations and legacies							9,524	1,413	10,937
Other trading activities							545	140	685
Investment income						34,758			34,758
Total						44,827		1,553	46,380
EXPENDITURE ON
Raising funds							1,116	1,600	2,716
Charitable activities
Charitable Activities						19,106		4,231	23,337
Total						20,222		5,831	26,053
NET INCOME/(EXPENDITURE) Transfers between funds						24,605 (484)		(4,278) 484	20,327
Net movcmcnt in funds						24,121		(3,794)	20,327

	Notes to the Financial Statements - continued for the Year Ended 28 Februaty 2023	Notes to the Financial Statements - continued for the Year Ended 28 Februaty 2023	Notes to the Financial Statements - continued for the Year Ended 28 Februaty 2023	Notes to the Financial Statements - continued for the Year Ended 28 Februaty 2023
12.	COMPARATIVKS FOR THE STATEMENT OFFINANCIAL ACTIVITIES - continued
			Unrestricted	Restricted	Total
			fund	funds	funds
			f,	f,	8
	RECONCILIATION	OF FUNDS
	Total funds brought forward		232,175	11,883	244,058
	TOTAL FUNDS CARRIED FORWARD		256,296	8,089	264,385
13.	TANGIBLE FIXEDASSETS
				itoprovements
			Long	to
			leasehold	property	Totals
			8		f,
	COST
	At 1 March 2022 and 28 Febmary 2023		180,960	12,178	193,138
	DEPRECIATION
	At 1 March 2022		4,184	280	4,464
	Charge for year		1,046	70	1,116
	At 28 Febmary 2023		5,230	350	5,580
	NET BOOK VALUE
	At 28 Febmaty 2023		175,730	11,828	187,558
	At 28 Febmaty 2022		176,776	11,898	188,674
14.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR
				2023	2022
				f,	6
	Prepayments			181	158

				Net	Transfers
				movement	between	At
			At 1.3.21	ln funCIs	funils	28.2.22
Unrcsttictcd funds						f.
Genei al I'und			232,175	24,605	(484)	256,296
Restricted funds
Taskforce Slopes and Views Shaftesbury Charitable Breach Common Dementia Society Literacy Tmst Defibrillator	Trust Fund		2,977 4,273 2,500 1,610 273 250	(700) 140 (2,500) (625) (273) (250) (70)	184 300	2,277 4,597 985 230
			11,883	(4,278)	484	8,089
TOTAL FUNDS			244,058	20,327		264,385
Comparative net movement		in funds, included	in the above are as	follows:
				Incolrllng	Resources	Movement
				rasources f	expended f	in funds
Unrestt4cted funds
General fund				44,827	(20,222)	24,605
Restricted funds
Taskforce Slopes and Views				140	(700)	(700) 140
Shaltesbuty Charitable Brcach Connnon Dementia Society Literacy Tmst Detibrillator	Trust	Fund		275 1,138	(2,500) (900) (273) (250) (1,208)	(2,500) (625) (273) (250) (70)
				1,553	(5,831)	(4,278)
TOTAL FUNDS				46,380	(26,053)	20,327

		Detailed Statement ofIiinancial
		for the Year Ended 28 February 2023
			2023	2022
			f.
INCOME AND ENDOWMENTS
Donations and legacies
Donations Grants			1,162	1,411
				9,526
			1,162	10,937
Other trading activities
Office services			67	685
Investinentincomc
Rents received Deposit account interest			39,947 270	34,756 2
			40,217	34,758
Total incoming resources			41,446	46,380
EXPENDITURE
Other trading activities
Taskforce expenses Breach Coounon project				700 900
				1,600
Investmcnt iuanagement	costs
Long leasehold Improvenients to propetty			1,046 70	1,046 70
			1,116	l, l I6
Charitable activities
Subscriptions
Contributions to Projects Grants to uistitutions			3,927 2,795	4,095
			6,722	4,102
Support costs
Management
Wages Rates and water Can ied fonvard			5,777 1,204 6,981	4,799 954 5,753

	for the Year Ende	d 28 FcbruatT 2023
Management		2023 K	2022f
Brought forward Insurance		6,981	5,753
Light and heat Telephone Postage and stationety Advertising Sundries		603 2,995 721 222	436 1,171 782 15
Repairs and Licenses	Maintenance	2,180 11,763	1,155 7,539
		382	327
		25,847	17,178
Finance
Bank charges		75	94
Governance	costs
Accountancy	fees	1,123	1,963
Total resources	expended	34,883	26,053
Net iucome
		6,563	20,327