| Charity name | Charity name | The Brewery Arts Centre Endowment | The Brewery Arts Centre Endowment | Trust | |
|---|---|---|---|---|---|
| Charity registration | number | 1065424 | |||
| Principal offlce | Id Low House Business Centre | ||||
| WINDERMERE | |||||
| LA23 3NA | |||||
| Registered | office | 1d Low House Business Centre | |||
| WINDERMERE | |||||
| LA23 3NA | |||||
| Trustees | P RW Hensman | ||||
| CSFairclough | |||||
| J M Plumptre | |||||
| H Pring | |||||
| M M Scott | |||||
| Secretary | SWiggins | ||||
| Bankers | Barclays Bank pic | ||||
| 9 Highgate | |||||
| KENDAL | |||||
| LA94DF | |||||
| Accountant | Dodd &Co Limited | ||||
| FIFTEEN Rosehill | |||||
| Montgomery Way |
|||||
| Rosehill Estate | |||||
| CARLISLE | |||||
| CA12RW | |||||
| Investment | Advisor | Cazenove Capital Management |
Limited | ||
| 12Moorgats | |||||
| LONDON | |||||
| EC2R 6DA |
| Unrestricted | Endowment | Total Funds | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||||
| Note | |||||||
| Income | |||||||
| Investment income |
41,185 | 41,185 | 52,707 | ||||
| Total income | 41,185 | 41,185 | 52,707 | ||||
| Expenditure | |||||||
| Raising funds | 10,752 | 10,752 | 9701 | ||||
| Charitable activities |
68,984 | 68,984 | 69,992 | ||||
| Total expenditure | 68,984 | 10,752 | 79,736 | 79,693 | |||
| Gains/(losses) on investment |
assets | 120,201 | 120,201 | 316,776 | |||
| Net income/(expenditure) | (68,984) | 150,634 | 81,650 | 289,790 | |||
| Transfers between |
funds | 79,185 | (79,185) | ||||
| 10,201 | 71,449 | 81,650 | 289,790 | ||||
| Net movement in funds |
|||||||
| Reconciliation of |
funds | ||||||
| Total funds brought | forward | 6,925 | 2,090,292 | 2,097,217 | 1,807,427 | ||
| Total funds carried | forward | 17,126 | 2,161,741 | 2,178,867 | 2,097,217 |
| 2022 | 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Note | E | ||||||||||
| Fixed assets | |||||||||||
| Investments | 2,164,431 | 2,081,335 | |||||||||
| Current assets | |||||||||||
| Debtors | 2,910 | ||||||||||
| Cash at bank | and in |
hand | 20,106 | 18,258 | |||||||
| 20,106 | 21,168 | ||||||||||
| Creditors: Amounts one year |
falnng due within | 10 | (5,670) | (5,286) | |||||||
| Net current assets | 14,436 | 15,882 | |||||||||
| Net assets | 2,178,867 | 2,097,217 | |||||||||
| The funds ofthe charity: | |||||||||||
| Endowment | funds | 2,161,741 | 2,090,292 | ||||||||
| Unrestricted | funds | ||||||||||
| Unrestricted | income | funds | 17,126 | 6,925 | |||||||
| Total charity | funds | 2,178,867 | 2,097,217 | ||||||||
| The financial | statements | have been prepared | in | accordance | with the | Financial | Reporting | Standard | applicable | in | |
| the UK and Republic | of Ireland (FRS102). |
| Investment management |
Grant funding |
of | Total 2022 |
Total 2021 |
||||
|---|---|---|---|---|---|---|---|---|
| Direct costs | ||||||||
| Kendal | Brewery Arts | Centre Trust Limited | 66,000 | 66,000 | 67,200 | |||
| Porffollo | management | costs | 10,752 | 10,752 | 9,701 | |||
| 10,752 | 66,000 | 76,752 | 76,901 | |||||
| Supportcosts | ||||||||
| Sundry | expenses | 4 | 4 | |||||
| Accountancy fees |
940 | 940 | ||||||
| Auditors' | remuneration | 1,320 | ||||||
| Auditors' | remuneration | - | non audit work | 480 | ||||
| Independent examiner's |
fee | 500 | 500 | |||||
| Consultancy fees |
1,540 | 1,540 | 988 | |||||
| 2,984 | 2,984 | 2,792 | ||||||
| 10,752 | 68,984 | 79,736 | 79,693 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Accountancy | fees | 940 | ||||
| Auditors remuneration |
1,320 | |||||
| Auditors remuneration |
-non | audit | work | 480 | ||
| Independent | examiner's | fee | 500 | |||
| Consultancy | fees | 1,540 | 988 | |||
| 2,980 | 2,788 |
| At | 1 April 2020 |
Incoming resources |
Resources expended |
Transfers | recognised gains/losses |
At 31 March | |||
|---|---|---|---|---|---|---|---|---|---|
| General | |||||||||
| Fortes | |||||||||
| Unrestricted income fund |
15,689 | 52,707 | (69,992) | 8,521 | 6,925 | ||||
| Endowment | |||||||||
| Fur/tie | |||||||||
| Permanent endowment |
1,550,000 | 1,550,000 | |||||||
| Expendable endowment |
241,738 | (9,701) | (8,521) | 316,776 | 540,292 | ||||
| 1,791,738 | (9,701) | (8,521) | 316,776 | 2,090,292 | |||||
| 1,807,427 | (79,693) | 316,776 | 2,097,217 | ||||||
| Total return | on | investments | |||||||
| Trustfor | Unapplied | Total | |||||||
| investment | total return | endowment | |||||||
| At 1 April 2021 | 1,550,000 | 540,292 | 2,090,292 | ||||||
| Movements | in reportmg penod: |
||||||||
| Investment | income | 41,185 | 41,185 | ||||||
| Investment gains/losses |
return: | realised and | unrealised | 120,201 | 120,201 | ||||
| Less: investment | management | costs | (10,752) | (10,752) | |||||
| Total | 150,634 | 150,634 | |||||||
| Unapplied total reporting period |
return allocated |
to income | in | the | (79,185) | (79,185) | |||
| Net movements | in | reporting period |
71,449 | 71,449 | |||||
| As at 31 March | 2022 | 1,550,000 | 611,741 | 2,161,741 |
| Unrestricted | Endowment | Total Funds | TotalFunds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | 2021 | ||
| Investments | 2,164,431 | 2,164,431 | 2,081,335 | ||
| Current assets | 20,106 | 20,106 | 21,168 | ||
| Creditors: Amounts within one year |
falling due | (2,980) | (2,690) | (5,670) | (5,286) |
| Net assets | 17,126 | 2,161,741 | 2,178,867 | 2,097,217 |
| Unrestricted | Endowment | Total Funds | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | ||
| 8 | E | ||||
| Investment | 2,081,335 | 2,081,335 | 1,774,294 | ||
| Current assets | 9,713 | 11,455 | 21,168 | 38,193 | |
| Creditors: Amounts one year |
falling due within | (2,788) | (2,498) | (5,286) | (5,060) |
| Net assets | 6,925 | 2,090,292 | 2,097,217 | 1,807,427 |