| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 6 | to | 11 | |
| Detailed Statement ofFinancial Activities | 12 |
| 31.3.22 | 31.3.21 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 440 | 110 | 550 | 1,252 | ||
| Investment | income | 109,515 | 27,379 | 136,894 | 123,815 | ||
| Other income | 58 | 14 | 72 | ||||
| Total | 110,013 | 27,503 | 137,516 | 125,067 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 7,319 | 1,829 | 9,148 | 18,760 | |||
| Charitable | activities | ||||||
| Charitable | activities | 46,254 | 46,254 | 35,980 | |||
| Other | 663 | 166 | 829 | 3,269 | |||
| Total | 54,236 | 1,995 | 56,231 | 58,009 | |||
| Net gains | on investments | 10,000 | 10,000 | 10,000 | |||
| NET INCOME | 55,777 | 35,508 | 91,285 | 77,058 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 98,236 | 1,692,546 | 1,790,782 | 1,713,724 | ||
| TOTAL FUNDS CARRIED FORWARD | 154,013 | 1,728,054 | 1,882,067 | 1,790,782 |
| BALANCE SHEET 31MARCH 2022 |
|||||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| Unrestricted | Endowment | Total | Total | ||
| fund | fulid | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Investment property |
1,635,000 | 1,635,000 | 1,625,000 | ||
| CURRENT ASSETS | |||||
| Debtors | 5,929 | 1,482 | 7,411 | 9,353 | |
| Cash at bank | 154,182 | 91,655 | 245,837 | 167,307 | |
| 160,111 | 93,137 | 253,248 | 176,660 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
(6,098) | (83) | (6,181) | (10,878) | |
| NET CURRENT ASSETS | 154,013 | 93,054 | 247,067 | 165,782 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 154,013 | 1,728,054 | 1,882,067 | 1,790,782 | |
| NET ASSETS | 154,013 | 1,728,054 | 1,882,067 | 1,790,782 | |
| FUNDS | |||||
| Unrestricted funds |
154,013 | 98,236 | |||
| Endowment funds |
1,728,054 | 1,692,546 | |||
| TOTAL FUNDS | 1,882,067 | 1,790,782 |
| Investment management |
costs | ||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Portfolio management | 7,947 | 3,342 | |
| Property repairs | 1,201 | 15,418 | |
| 9,148 | 18,760 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | |||
| fund | fund | funds | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
1,001 | 251 | 1,252 | ||
| Investment income |
99,052 | 24,763 | 123,815 | ||
| Total | 100,053 | 25,014 | 125,067 | ||
| EXPENDITURE ON | |||||
| Raising funds | 15,008 | 3,752 | 18,760 | ||
| Charitable activities |
|||||
| Charitable activities |
35,980 | 35,980 | |||
| Other | 2,617 | 652 | 3,269 | ||
| Total | 53,605 | 4,404 | 58,009 | ||
| Net gains on investments | 10,000 | 10,000 | |||
| NET INCOME | 46,448 | 30,610 | 77,058 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 51,788 | 1,661,936 | 1,713,724 | |
| TOTAL FUNDS CARRIED FORWARD | 98,236 | 1,692,546 | 1,790,782 |
| FAIR VALUE At 1 April 2021 Revaluation |
1,625,000 10,000 |
|
|---|---|---|
| At 31March 2022 | 1,635,000 | |
| NET BOOK VALUE | ||
| At 31March 2022 | 1,635,000 | |
| At 31 March 2021 | 1,625,000 | |
| Fair value at 31 March 2022 is represented | by: | |
| Valuation in 2019 |
217,245 | |
| Valuation in 2020 |
5,000 | |
| Valuation in 2021 |
10,000 | |
| Valuation in 2022 Cost |
10,000 1,392,755 |
|
| 1,635,000 |
| 31.3.22 | 31.3.21 |
|---|---|
| 1,392,755 | 1,392,755 |
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| Trade debtors | 7,411 | 7,353 |
| Other debtors | 2,000 | |
| 7,411 | 9,353 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | |
|---|---|---|
| 31.3.22 | 31.3.21 | |
| Taxation and social security | 5,760 | 10,399 |
| Other creditors | 421 | 479 |
| 6,181 | 10,878 |
| MOVEMENT | IN FUNDS | ||||||
|---|---|---|---|---|---|---|---|
| Net | |||||||
| movement | At | ||||||
| At 1.4.21 | in funds | 31.3.22 | |||||
| Unrestricted | funds | ||||||
| General fund | 98,236 | 55,777 | 154,013 | ||||
| Endowment | funds | ||||||
| Endownment | Fund | 1,692,546 | 35,508 | 1,728,054 | |||
| TOTAL FUNDS | 1,790,782 | 91,285 | 1,882,067 | ||||
| Net movement | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | losses | in funds | ||||
| Unrestricted | funds | ||||||
| General fund | 110,013 | (54,236) | 55,777 | ||||
| Endowment | funds | ||||||
| Endownment | Fund | 27,503 | (1,995) | 10,000 | 35,508 | ||
| TOTAL FUNDS | 137,516 | (56,231) | 10,000 | 91,285 | |||
| Comparatives | for movement | in | funds | ||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.20 | tn funds | 31.3.21 | |||||
| Unrestricted | funds | ||||||
| General fund | 51,788 | 46,448 | 98,236 | ||||
| Endowment | funds | ||||||
| Endownment | Fund | 1,661,936 | 30,610 | 1,692,546 | |||
| TOTAL FUNDS | 1,713,724 | 77,058 | 1,790,782 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 100,053 | (53,605) | 46,448 | ||
| Endowment | funds | ||||
| Endownment | Fund | 25,014 | (4,404) | 10,000 | 30,610 |
| TOTALFUNDS | 125,067 | (58,009) | 10,000 | 77,058 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.4.20 | in funds | 31.3.22 | ||
| Unrestricted | funds | |||
| General fund | 51,788 | 102,225 | 154,013 | |
| Endowment | funds | |||
| Endownment | Fund | 1,661,936 | 66,118 | 1,728,054 |
| TOTAL FUNDS | 1,713,724 | 168,343 | 1,882,067 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 210,066 | (107,841) | 102,225 | ||
| Endowment | funds | ||||
| Endownment | Fund | 52,517 | (6,399) | 20,000 | 66,118 |
| TOTAL FUNDS | 262,583 | (114,240) | 20,000 | 168,343 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| INCOME AND ENDOWMENTS | ||||||
| Donations and legacies |
||||||
| Donations | 550 | 1,252 | ||||
| Investment income |
||||||
| Rents received | 136,704 | 123,250 | ||||
| Interest and other investment | income | 190 | 565 | |||
| 136,894 | 123,815 | |||||
| Other income | ||||||
| Other income | 72 | |||||
| Total incoming resources |
137,516 | 125,067 | ||||
| EXPENDITURE | ||||||
| Investment management |
costs | |||||
| Portfolio management | 7,947 | 3,342 | ||||
| Property repairs | 1,201 | 15,418 | ||||
| 9,148 | 18,760 | |||||
| Charitable activities |
||||||
| Disbursements | 46,254 | 35,980 | ||||
| Support costs | ||||||
| Governance costs |
||||||
| Postage and stationery | 150 | 250 | ||||
| Sundries | 339 | 1,059 | ||||
| Accountancy and legal fees |
340 | 1,960 | ||||
| 829 | 3,269 | |||||
| Total resources expended | 56,231 | 58,009 | ||||
| Net income before gains | and losses | 81,285 | 67,058 | |||
| Realised recognised | gains and losses | |||||
| Realised gains/(losses) | on | investment | property | 10,000 | 10,000 | |
| Net income | 91,285 | 77,058 |