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||||Page|
|---|---|---|---|
|Reference and Administrative
Details ofthe Company,||its Trustees and Advisers||
|Chairman's
Statement||||
|Trustees'
Report|||3-12|
|Independent
Examiner's|Report||13|
|Statement ofFinancial|Activities||14|
|Balance Sheet|||15|
|Notes to the Financial Statements|||16-28|
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|Trustees|||Mrs 8 E Duckworth|Mrs 8 E Duckworth||
|---|---|---|---|---|---|
||||Miss JS Duckworth||(resigned 13March 2023)|
||||Mrs D Crabtree|||
||||Mr M Jenkins|||
||||Mr M Webb|||
||||Dr M P Robbins|||
|Company|registered|||||
|number|||03568095|||
|Charity registered||||||
|number|||1074469|||
|Registered||office|1-3College Yard|||
||||Worcester|||
||||Worcestershire|||
||||WR1 2LB|||
|Independent||Examiners|Bishop Fleming|LLP||
||||Chartered
Accountants|||
||||1-3College Yard|||
||||Worcester|||
||||WR1 2LB|||
|Bankers|||National Westminster||Bank pic|
||||1 The Cross|||
||||Worcester|||
||||WR1 3PR|||
|Solicitors|||Hallmark
Hulme|LLP||
||||3,4 8 5Sansome Place|||
||||Worcester|||
||||WR1 1UQ|||
|Investment||advisors|StJames' Place|||
||||Home Farm Stables|||
||||The Berkswell Estate|||
||||Meriden Road|||
||||Berkswell|||
||||CV7 7SL|||
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||||Endowment|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
|||Note|||E|F|
|INCOME AND ENDOWMENTS|FROM:||||||
|Donations
and legacies||||4,330|4,330|151,218|
|Charitable
activities||||180,362|180,362|173,809|
|Investments||||2,546|2,546|9,273|
|TOTAL INCOME AND ENDOWMENTS||||187,238|187,238|334,300|
|EXPENDITURE ON:|||||||
|Charitable
activities||||319,130|319,130|421,567|
|TOTAL EXPENDITURE||||319,130|319,130|421,567|
|NET EXPENDITURE BEFORE|NET||||||
|LOSSES ON INVESTMENTS||||(131,892)|(131,892)|(87,267)|
|Net losses on investments||||(500)|(500)|(81,291)|
|NET MOVEMENT
IN FUNDS||||(132,392)|(132,392)|(168,558)|
|RECONCILIATION
OF FUNDS:|||||||
|Total funds brought
forward|||88,280|337,606|425,886|594,444|
|Net movement
in funds||||(132,392)|(132,392)|(168,558)|
|TOTAL FUNDS CARRIED FORWARD|||88,280|205,214|293,494|425,886|
##
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|||Note|2023f|2022
F|
|---|---|---|---|---|
|FIXEDASSETS|||||
|Tangible assets||9|100,239|116,927|
|Investments||11|163,645|305,358|
||||263,884|422,285|
|CURRENT ASSETS|||||
|Stocks||10|5,312|4,271|
|Debtors||12|7,449|10,095|
|Cash at bank and|in hand||34,056|19,218|
||||46,817|33,584|
|Creditors: amounts|falling due within one||||
|year||13|(17,207)|(29,983)|
|NET CURRENT ASSETS|||29,610|3,601|
|TOTAL ASSETS LESSCURRENT|||||
|LIABILITIES|||293,494|425,886|
|TOTAL NET ASSETS|||293,494|425,886|
|CHARITY FUNDS|||||
|Endowment
funds||14|88,280|88,280|
|Unrestricted
funds||14|205,214|337,606|
|TOTAL FUNDS|||293,494|425,886|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023f|2023|2022|
|Donations||4,330|4,330|136,882|
|Government|grants|||14,336|
|||4,330|4,330|151,218|
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2023|2023|2022|
|||||F|F||
|Activities|for|generating|funds|180,362|180,362|173,809|
##
||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2023|2023|2022|
||F|F|F|
|Rental income|2,546|2,546|6,273|
|Loan interest waiver|||3,000|
||2,546|2,546|9,273|
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||||Activities||||
|---|---|---|---|---|---|---|
||||undertaken|Support|Total|Total|
||||directly|costs|funds|funds|
||||2023
F|2023f|2023
F|2022
F|
|Activities|for generating|funds|252,948|14|252,962|319,122|
|Support|costs|||66,168|66,168|102,445|
|TOTAL|2023||252,948|66,182|319,130|421,567|
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||||Total|Total|
|---|---|---|---|---|
||||funds|funds|
||||2023f|2022
E|
|Staff costs|||191,720|248,232|
|Grants payable|||124||
|Activities undertaken||directly|7,688|10,656|
|Postage and|stationery||52|149|
|(Profit)/Loss|on disposal||(8,300)|(4,500)|
|Stock|||42,176|44,065|
|Governance|costs||19,488|20,448|
||||252,948|319,050|
|ANALYSIS OF SUPPORT COSTS|||||
||||Total|Total|
||||funds|funds|
||||2023|2022|
||||f.||
|Depreciation|||24,988|34,631|
|ITexpenditure|||4,911|3,740|
|Postage and|stationery||781|1,388|
|Training costs||||20|
|Professional|fees||5,921|7,899|
|Telephone|||1,834|2,574|
|Insurance|||11,550|10,361|
|Sundry|||11,582|12,095|
|Rent and rates|||13,843|21,814|
|Marketing|||469|232|
|Security and|maintenance||1,471|1,751|
|Transport
and vehicle||costs|851|2,352|
|Bank charges|||768|3,660|
|Profit on disposal of investments|||(12,787)||
||||66,182|102,517|
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||2023f|2022
F|
|---|---|---|
|Wages and salaries|178,177|225,653|
|Social security costs|4,945|14,611|
|Other pension costs|8,598|7,968|
||191,720|248,232|
|||||2023|2022|
|---|---|---|---|---|---|
|||||No.|No.|
|Environmental||Wardens|||1|
|Management||and Administration|||12|
|Duckworth|Worcestershire||Trust||7|
|||||17|20|
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||||Long-term||||
|---|---|---|---|---|---|---|
|||Freehold|leasehold|Motor|Fixtures and||
|||land|property|vehicles|fittings|Total|
|||E|E||E||
||COST OR VALUATION||||||
||At1 June2022|88,281|444,177|25,110|127,753|685,321|
||Additions|||10,000||10,000|
||Disposals|||(17,315)|(17,516)|(34,831)|
||At 31 May 2023|88,281|444,177|17,795|110,237|660,490|
||DEPRECIATION||||||
||At 1 June 2022||433,736|20,292|114,366|568,394|
||Charge for the year||10,441|3,559|10,988|24,988|
||On disposals|||(15,615)|(17,516)|(33,131)|
||At 31 May 2023||444,177|8,236|107,838|560,251|
||NET BOOK VALUE||||||
||At 31 May 2023|88,281||9,559|2,399|100,239|
||At 31 May 2022|88,281|10,441|4,818|13,387|116,927|
|10.|STOCKS||||||
||||||2023|2022|
||||||E|E|
||Finished goods and goods for resale||||5,312|4,271|
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||||Listed|
|---|---|---|---|
||||investmentsf|
|COST OR VALUATION||||
|At1 June2022|||305,358|
|Disposals|||(141,213)|
|Revaluations|||(500)|
|AT 31 MAY 2023|||163,645|
|NET BOOK VALUE||||
|AT 31 MAY 2023|||163,645|
|AT 31 MAY 2022|||305,358|
|DEBTORS||||
|||2023f|2022f|
|DUE WITHIN|ONE YEAR|||
|Trade debtors||1,160|616|
|Other debtors||36||
|Prepayments|and accrued income|6,253|9,479|
|||7,449|10,095|
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||||2023|2022f|
|---|---|---|---|---|
|Trade creditors|||5,642|16,015|
|Other taxation|and social security||6,803|5,097|
|Other creditors|||819|696|
|Accruals and deferred||income|3,943|8,175|
||||17,207|29,983|
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|STATEMENT OF FUNDS - C|URRENT YEAR|||||
|---|---|---|---|---|---|
||Balance at 1|||Gains/|Balance at|
||June 2022|Income|Expenditure|(Losses)|31 May 2023|
||F|f.|E|F||
|UNRESTRICTED FUNDS||||||
|DESIGNATED FUNDS||||||
|Designated
Funds|155,186||||155,186|
|GENERAL FUNDS||||||
|General Funds|182,420|187,238|(319,130)|(500)|50,028|
|TOTAL UNRESTRICTED||||||
|FUNDS|337,606|187,238|(319,130)|(500)|205,214|
|ENDOWMENT
FUNDS||||||
|Endowment
Fund|88,280||||88,280|
|TOTAL OF FUNDS|425,886|187,238|(319,130)|(500)|293,494|
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|STATEMENT OF FUNDS - P|RIOR YEAR|||||
|---|---|---|---|---|---|
||Balance at|||Gains/|Balance at|
||1 June 2021|Income|Expenditure|(Losses)|31 May 2022|
|UNRESTRICTED FUNDS||||||
|DESIGNATED FUNDS||||||
|Designated
Funds|155,186||||155,186|
|GENERAL FUNDS||||||
|General Funds|350,978|333,169|(420,436)|(81,291)|182,420|
|TOTAL UNRESTRICTED||||||
|FUNDS|506,164|333,169|(420,436)|(81,291)|337,606|
|ENDOWMENT
FUNDS||||||
|Endowment
Funds|88,280||||88,280|
|TOTAL OF FUNDS|594,444|333,169|(420,436)|(81,291)|425,886|
##
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|SUMMARY|OF FUNDS - C|URRENT YEAR|||||
|---|---|---|---|---|---|---|
|||Balance at 1|||Gains/|Balance at|
|||June 2022|Income|Expenditure|(Losses)|31 May 2023|
|||E|E||||
|Designated|funds|155,186||||155,186|
|Genera( funds||182,420|187,238|(319,130)|(500)|50,028|
|Endowment|funds|88,280||||88,280|
|||425,886|187,238|(319,130)|(500)|293,494|
|SUMMARY|OF FUNDS - PRIOR YEAR||||||
|||Balance at|||Gains/|Balance at|
|||1 June 2021|Income|Expenditure|(Losses)|31 May 2022|
|||F|E||E|F|
|Designated|funds|155,186||||155,186|
|General funds||350,978|333,169|(420,436)|(81,291)|182,420|
|Endowment|funds|88,280||||88,280|
|||594,444|333,169|(420,436)|(81,291)|425,886|
##
|ANALYSIS OF NET ASSETS BETWEEN FU|NDS - CURRENT YEAR|||
|---|---|---|---|
||Endowment|Unrestricted|Total|
||funds|funds|funds|
||2023|2023|2023|
||F|E|E|
|Tangible fixed assets|88,280|11,959|100,239|
|Fixed asset investments||163,645|163,645|
|Current assets||46,817|46,817|
|Creditors due within one year||(17,207)|(17,20'7)|
|TOTAL|88,280|205,214|293,494|
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|ANALYSIS OF NET ASSETS BETWEEN FUN|DS - PRIOR YEAR|||
|---|---|---|---|
||Endowment|Unrestricted|Total|
||funds|funds|funds|
||2022|2022|2022|
|||F||
|Tangible fixed assets|88,280|28,647|116,927|
|Fixed asset investments||305,358|305,358|
|Current assets||33,584|33,584|
|Creditors due within one year||(29,983)|(29,983)|
||88,280|337,606|425,886|
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||||||2023f|2022|
|---|---|---|---|---|---|---|
|Not|later|than|1|year|14,548|14,548|
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