2022-12-31-accounts - Jesus Hospital In Chipping Barnet

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						2022	2021
			Unrestricted	Restricted	I=.ndo&vmcnt	'I'otnl	Iotal
			funds	fund	I(un&i	funds	I'unds
		Vlotes	f	f.	f		f
I&V('0&&'ll'. 3&&IVD 1',!VDOV»&IVII'.NTS
I ROI&&l
Donations							150
Ill vesta&Cut inconlc			466,684	16,718		483,402	45G,200
Resid«nts contributions			377333	13,822		391,255	377.033
1'otal			844,117	30,540		874,657	833,383
I;XI'F.iNDI'I'I!Ri; OiN
Raising funds - investment
nlnfiagclllcnt costs			96,685			9G,685	66,761
(.'harifablc activities
Adniinistrntion			167,478			IG7,478	163,259
Residents			53,078			53,078	53,757
Ravenscroft I.odge - I"Ints	I & 2		7,135			7,135	4,910
62-72 tVood Street			26,161			26,161	18,816
88-90 Wood Street			4,231			4,231	12,717
Gras&'«nor Avenue I1-15)			62&G22			62,622	44 965
I'otters Lnne (1-16)			6'),153			69 153	76.110
(iarrcts (76-86 &Vood Street)			21,31G			21,316	29,307
Pagitts (1-3)			8,692			8,692	8,105
(inr&lens			68,291	4,349		72,640	57,294
Reiiel'in Need			18,839			18,839	32,716
SVithri&hams (1-6)				47,616		47,61G	25,044
C)ucen I'.Iiznbcth I'recept			400			400
74A Wood Street (1-2)			4,242			4,242	8,318
I'otters I.nn«(.'on&t)ound			8,645			8,G45
Other			12,114			12,114	12,114
I ot:&I			629,082	51,965		681,047	614.193
ct g'&&his/(loss&". s) on lnvcstnlcnts			(90,766)	(14,596)	(783,113)	(888,475)	1,022,961
iVF/I' I!VCOI&&II&/(FXI'L&NDI'I'(Jkl', )			124,269	(36,021)	(783,113)	(694,865)	1,242,151
RR('ON(!Il,lr&&TION Ol'	FUiVDS
'Iotal tin&ds brought for&vard			2,444,38()	464,035	14,2G8,143	17,176,558	15,934.407
'I'O'I'Al. I"UiNDS (.'ARRII:D
I'0IIVVAl(D			2,568,649	428,014	13,485,030	IG,-181,G93	17,176,558

									2022	2021
				Unrest& icted	Restricted	I ' ll&lo vi' Illeill			I otal	Total
				I'unds	fund	fiirl&l			funds	I&IIHls
			Notes			f.
f'IXE13ASSI','I'!i
Tan iblc &essets			10			I,G46,436		1,646,436		1,688,080
Investnlents
Iiivcstnlellts			II	752,947	418,944	7,513,604		8,685,4&&5		9.602.048
Investincnt property			12			5,187,50U		5,187,500		5,187,500
				752)9-17	418,944	14,347,540		15,519,431		16,177,628
C'.C&13ltb:IV'I' ASSI 'I'S
Debtors			13	(i4,726	2,286				67,012	67.0(i5
Cash at bank arul in	hill&0			1,835,392	7,940	(862,510)			980,822	6')5,022
				1,900,118	I U,226	(8&i2,510)		1,0-17,834		762,087
('l3EI)11'0I3S
Amounts thlling due	&vithin onc year		14	(8-1,4 I6)	(1,15G)				(85,572)	(63, 157)
5'E'I' C(&13131.!V'I':&SSI		'I'5		1,815,702	9,070	(862,510)			9G2,262	698,930
1'Ol'AL ASSL'1'S LI':SS
C(f131&EIVT LI)&&1311,ITIES				2,568,649	428,014	13,485,030		16,481,693		17,176,558
NE'I' ASSI I'S				2,568,649	428,014	13,485,U30		16,481,693		17.176,558
IIL!iVI)S
Unrestricted I'unds								2,568,64&3		2,44-1,380
Restricted funds									428,014	461,035
I;ndo&vment I'unds								13,485,030		14,268,143
1'O'I'A I, I'I!IVDS								16,481,693		17,176,558
Ibc frnancial statements		&vere approved	by thc	13oard of Trustees	and authorised	for issue on	8$	PS	I..	and &vere
si8ned on its behalf by:
)&'I Cr' p - 1nistee
8 1aylor - Tnistee

					2022	2021
				Notes
(ash llo&rs froln opct ittin f& Ilctivitics
Cash generated from operalions					(109,012)	(124,977)
Nei ca'.Ih use&I in opcratii&g i&ctivitics					(10i),012)	(124,977)
Cash tlo&vs fr&&m investing& nctivitics
purchase oftangible flue&I assets					(S,038)	(17,400)
Purchase ol' liscd asset investments					(1,400,419)	(868,665)
Sale ol tangible tined assets						600
Sale of' lined asset investments					1,428,497	869i710
I/nit 'I'rust it&come received					64 936	68,208
Rental income received					262,112	237,887
lllvcstillc&1& nliu& igclllcl&t costs					(96,685)	(71,083)
lute&'cst rccclvc&l					4,t)91	58
l)ividends received					137,319	141.841
Net cash provided b)' invcstmg	activities				394,813	361,156
Change in c;ish and cash equivalents		in thc
reporting pcrio&l					285,801	236,179
Cnsh and cash equivalents at	thc beginning		uf
thc reporting period					695,022	158,843
C»sh and cash equivalents at	thc cnd	of thc
reporting period					980,822	695,022

	Rl CO%(.'I I.I A1'I OV 0 ACTI trf 'I'I LS	1 V'F1 (I XI'I'.iVDI'	I'll Ri:)/IV(.0 srIF.10 iVI.I ( U	I I frf, Oti	st' FR051 OP LRA	TI sCC
					2022	2021
						f.
	iVet (cspenrlitorc)/inc(imc	for the rcf)nrting	1)eriod (as pcr the Statcmciit of
	I/inancial Activities)				(69-1,8(iS)	1.202.15 I
	Adjttstmcnts for.
	Depreciation charges				46,684	45,182
	l,osses/(g'lilt) oil ilivcstlllellls Profit on disposal offisc(I assets				888,475	(1,022.961) (F)00)
	Interest received				(0091)	(58)
	Dividends recciveil				(137&319)	( I'I I gcf f )
	Lfnil Trust income received				(64,936)	(68.208)
	f&eittal income receis cd				(262,112)	(237.887)
	Investment managetnent	costs			96,685	71,083
	f)ecrcase/( incrc;isc) in debtors				53	(6,631)
	Increase/(decrease) in creditors				22,4(5	(5.207)
	(Vet cash usetl in operations				(109,013)
2,	AtVALs'SIS 01'(.'IIAV(11';S Is' iVI;"I FlfiVDS
			At 1.1.22		Cash t1osv	At 31,12.22
				f.	f.
	iV(et cash
	Cash at bank and in hami		695,022		285,800	980,822
			G95,022		285,800	980,822
	'I'ota I		695,022		28S,800	')80,822

I II', 2'I:AR Leis&&I)I:.I)31	l)F(.'F	i&11)I',	R2022
1)OXATIOXt&S
					2022	2071
						f
Stilldiy InCOIIIC						150
I&i'2&'I 5'I'iil I ih'I' I ib&(.'(3.'&IF.
					2022	2021
					f	f
Rents rcccit cd fiom rental propeilics					262,1]2	237,887
laconic tronl Uilit trusts					79,880	76,4	Iq
Fixed interest					21,0(74	22,912
f)ividends t'rom equities					116,255	118&929
Interest from deposits					1,306		26
COII deposit interest					2,785		32
					483,002	456,200
Recognised gains and	losses
				2022		2021
1!ixcdasset investinents	- gain	nn disposal		37&546		95&351
I ixed asset investnlents	- (toss)/gain		oil revalllatioii	(835,255)		')27,610
Investment propert& - gain on		".evaluation
Net (loss)/gain on investment		assets		~797 709		& 02290&

Rc&&ISI!s&(i	FIt&bI)5 - I i&''0!I'.ST&if L	FIt&bI)5 - I i&''0!I'.ST&if L	FIt&bI)5 - I i&''0!I'.ST&if L	» (90I iVI A NA( Lr!II F&s(1'(()5IS
1llvcstlilcilt	lniilIagcnicn't co!its
					2022	2021
						f
Portfolio Ill	allagcnlcilt				30,059	30,091
I'roperty nianageiilcilt		costs			19,521	8,836
Investment	properties	utilities	anti	insurintce	16,554	8,622
Investment	property	mainten;mce			30,551	19,212
					96,(i85	~66 761

5'I':&(I'I ' ('OS'I'S
					2022	2071
'&th&gcs &md salaries					185,338	195.838
Social security costs					15,604	15,250
Other pension costs					21,364	21,801
					222,30C&	232,889
1'hc a(erage monthly	number	ol (.'&nployees	during	(he year (vas as tollo&v'.I:
					2022	7071
A(l&111&1&SII'aII(&&1					3	3
Residents I iaison					I	I
G&en«ral ivlnintenance					I	I
Gardens					I	I
					C&

I'AiV()ltII.,E I IXI.I) ASSI~.'I'5
			I')still't(i
	I'reeho Id	Plant and	atid
	property	Illacli &lie)')'	fittings
COST
At I January 2022	2,047,594		24,761
Additions		2,998
At 31 December 2022	2,047,594	2,998	24,761
I)EPRECIATIOiV
At I January 2022	372,926		24,761
Charge tor year	41,194	577
At 31 December 2022	414,120	577	24,7611
iV'E1' l)OOI( 'v'Al. l fE
At 31 December 2022	1,633,474	2,421
At 31 December 2021	1,674,668
	ivtotor	Colllptlter
	vehicles	equipment	1o tats
COSI
At I January 2022	17,-100		2,089,7(5
Aclditions		2,040	5,038
At 31 December 2022	17,400	2,040	2,094,793
HEI RECIA'I IO»
At l,lanuary 2()22	3,988		401,675
Cliiirge for year	4,350	561	46,682
At 3 I 13ecember 2022		561	448,357
!VI''1' ll00K1'AI.I IE
At 31 December 2022	9,062	1,479	1,646,436
At 31 December 2021	13,412		1,688,080

I'IXI.'I) ASS	I."I' IN'I'I'ST&11(NTS
		I:i»cd
		IIIterest	Listed	(.fnit
		stocks	«quitics	'I'ru»ts	I &)tats
		6	f.
I&)IARK I'.1 "I'ALI II''
At l,lanuar)	2022	1,015,073	3,413,924	5,173,051	9,602,048
Additions		I75,008	731,859	493,552	1,400,419
I)isposals		(2-ld,266)	(561,809)	(622,822)	(1,828,497)
Reval uat ion		(84 953)	(332,641)	(508,477)	(926,021)
Vroltt laid loss on dispos;il		5,644	62,254	(30,352)	37,546)
At 3( December 2022		86(i,506)	3,313,987	4,505,002	8,685,495
i»E'I' BOOK	&)AI.(IL&
At 31 De«ember 2022		866i,506	3,313,987	4,505,002	8 68%49&
At 31 D&.«ember 202(		1,015,073	3,813.92-(	5, 17'&,051	9,602,048

					I'ise&l
					in tcrest	Listed	Unit
					s'foci&s	c(IIIiiics	'I'rusts	'I'ota ls
						f.
V&(nation	in	2022			102,805	1,014,729	I,G)94,813	2,812,347
Cost					763,701	2,299,258	2,810,189	5)873,148
					866,o06	3,313,987	4,505,002	8,685,495
lf fixed asset		invest&&le&its	hild not been revalued	they uould	have been	included at the	folfosving historical cost;
							2022	2021
Cost							5873148	5739258

			2022	2021
Cost			5,873,148	5,739.258
'I lie portfolio is currently	split	u ith .)8.15'/o I:.(Iuitics, 9,')8"'&) Irised	In tcre»t. and 51.87"ia U nit 'I'I'Ilsls.
I I'sf''I Sl'Is)11:iN1' I'RO I'I',	l4'I')	'
I'A IR S'AI.CII
At I.Ianuary 2022
and 31 December 2022				5,187,500
INI."I' 1300K »Al,(fl:
At 31 Dec«alber 2022				5,187,500
At 31 l)ecen&ber 2021				5.187,500

13,	DE111'ORS: Ail'101	IN	'I'(I I'	ALI.,IING	DL	IE S'I'I'I	IIN 0 il': '1'E &&R
									7022	7021
	Rent debtors								5I,C)9-1	42,611
	Accrued income								2,773	7,544
	I'repayments								12,S45	16,910
									67,012	(')7,065
14.	GREDI'I ORS)i Ar'elODiNTS			I ALl,liNG		D(IE )&)&'I I'llIN OiNE S EAR
									2022	2021
	Taxation and social securit)								6 096	1,320
	Other creditors								79,476	58,837
									85,572	63,157
15.	!VIO&&'E&&'ll;N'I' IN FtiiNDS&
								Net	'I'ransf'ers
								111OVClllCI&t	bet&veen	At
							At 1.1.22	in I'umls	I'unds	31.12.22
							f	f.
	linrcstrictcd fun&Is
	I:xtraordinary Repair	I'und					789,750	(87,458)		702,292
	t ri'&pert)' Ri.'fllrblshrul.		lit P. Ivio(terr&isation			I'und
	- Almshr)uses						124,U51		150,949	275,000
	Property Relurbishrnent		k Ivlodernisation			Fund
	- Investment I'roperties						200,000			200,000
	Fuhire l)evclopment	and lmprovcrneiit			ol	the
	Almshouses						400,000			400,000
	Accun&ulations ol Income						571,393	211,727	(500949)	282,171
	Rc.iidcllts I'ul&d						9,186			9 186
	I uhire Dcveloprneilt	and linpn)vcr&&crit			of
	Investmcnt I'roperties						200,000			200,000
	I'uture Improvement	ol'Administrative			Ol'tice		150,UOO		350,000	SOO,OOO
							2,444,380	124,26')		2,568,649
	Restricted funds
	'(S'ilbraham Hospital	Gharity					464,U35	(3(i,021)		428,014
	El&dovl'Iucnt lll)10!i
	(.'apital Endo&&anent						14,2C&8,143	(783,1131		13,-185,030
	'I 01'Al, I'I fiNDS						17,17C),5S8	(694,8C)S)		16,481,693

					Iiieoiiiilla	Itcso!(Icos	(iaiiis a!id	lvlov(.'Iiiciit
					i'csoui'ccs	expended	losses	in fuiuls
					f	f.	f.	f
iinrcsti ictc(l I'unds
I'.xtraordinars Repair I'und					1-1,944	( I I,C)36)	(90,766)	(87,458)
Accumulations offnconie					829,173	(617,44C))		211,727
					844,117	((i29082)	(90,766)	124,2C)9
Rcstricte(l funds
t))(ilbraham Ilospital	Charity				30,540	(51,9(i5)	(14,59C))	(3C),021)
I'.ll00»'fitcfit fU ii0xi
Capital I ndovvmcnt							(783,113)	(783,113)
'I'OTAI, VUb!'DS					874,(i57	(G81,047)	(888,475)	(694,865)
(.'ompai ativcs for movemcnt		in funds
							Net
							ii)ovci))eiit	At
						At 1.1.21	iii IU!ids	31.12.21
							f
llnrcstrictcd funds
Extraordinary Repair I-und						C)76,772	113,()28	789.750
Propert)' kel'urhishmcnt k Modernisatioii				pun J
- Almshouses						124,051		124,051
I'roperty Rct'urbishment k ivlodernisation				I und
- Il)vcstiiic)it Vl'opcrtics						200,000		200,000
I uture Development	and Improvement		ot	the
Almshouses						100,000		400,000
Acciifiitilatio(is of Ilicoiiic						35'),207	212.186	571,3')3
Residents Vuiid						'),186		').18(&
I'uturc Des'elopmciit	and lmf)i'ovciiiclit		ot
Ilivest ii) ciit PIop!.'I lles						200,000		700,000
V(i((ii'c fiiiprovenient	ol A(fministrative		011ice			150,000		150,000
						2,119.1()6	375 714	2, 144,380
Rcstrictcd funds
9 i ilhrahan) Hospital	('bar it)'					422.4') I	41,544	464,035
I',udo» ment funds
(.'apital I:,ndovvmeiit						I3,392.750	875.393	I l,2C)8,143
'I'O'I'))(I, I'ItixlDS						15,93-1.107	1.2-12,151	17,17(&,558

							lnconl lng	Resources	fiiilns and	!vfovcnlcltl
							resources	cxpcn&led	losses	In tulips
								f.	f.	8
l!nrcstrfcted funds
Extraordinary Repair I'und Accltlnultlt lolls of l»&x)lne							12,753 792,363	(8,9721 ~)ti).1771	109.747	113,028 212.186
							804,61f)	(589,149)	109,717	325,214
Restricted I'unds
Wifbr«ham Ilospital	f'harity						28,767	(25.044)	37.821	41,544
I' ado)valent funds
Cttptt;tl flndowtncnt									875,3')3	875,393
'I'0 I'AI. Ill!!Sfl)S							833,383	(614,193)	1,022,961	1,242,151
A current year 12 months;ind				prior year 12 months			conlbinc&l position	is as follows:
								Net	'I'ransfbrs
								nlovcnlcflt	bctvvccn	At
							At 1.1.21	Ill Ilittds	funds	31.12.27
I!nrcstriclc&l I'unds								f.	f
Fxtraordinary R&.'pair I'uiul I'Ioperty Ref'urbishment k fvfodcrnisation						Fun&I	f)76,722	25.570		702,292
- Allilsho(tscs							12 1.051		130.&)49	275,000
property Rcl'urbislunent		&&' fvlodernisat			ion	Iiund
- Invvstrncnl I'ropcrties							7OO,OOO			200,000
Future Development,	'tnd		fmprovenient		of'	the
Altnshouscs							400.000			'IP0,000
Accumulations of Income							)59.207	423.913	(50(!,9~1&))	282)171
Residents I'und							9,186			9.18()
I'uture Development;uld			Improvement		ot'
Investment I'ropertics							200,000			700,000
f uture Improvement	of'Administrative				Dl	lice	150,000		350,000	500,000
							2, I I'),166	44'),483		2,5f)8.6il9
Restricted I'nnds
Wilbrttham Ilospital	( harity						122vf91	5,523		428,014
I'.'ndo)vment I'un&Is
('apital I',ndo w iucni							13,3&)2,750	92,280		13.485,030
'I OTAI, Ill 'Isll)S							1.,)'t.&&)7	5il7.286		16,481,693

A ca)rent yea	r 12 months and prior year 1	2 inonths comhin&. d net inovc	mcnt in funds. inclu	d&..d in the above	arc as follows:
		111COIn&llg	Rcsoill'ccs	(i,'iins and	iX'I0v cole 111
		resottrces	expended	losses	in fimds
		K		f.	f.
llnrestrictial	t'unds
I.xtraordi nor)	Repair I:und	27,197	(20.()08)	18.981	25,570
Accillllllliitlons	ol I&lennie	I.(i21.5:)6	l I.I97.623)		023, &) I3
		1,608,733	11.218.231)	18,981
Restricted funds
)Yilbr&iham Ilospit&il Ch'Irit)		59,307	(77,009)		5,523
I:ndn)) ment	funds
('apital Rndo&vment				92,280	92,280
'I'O'I'AI, F'lib&'l)S		(,7()8,04()	(1.293,240)	13&(.486	547.286

JI.;SL'S ll()SVITAI Ii)' C.'IIII'I'IiCG I)ARiVI", I	JI.;SL'S ll()SVITAI Ii)' C.'IIII'I'IiCG I)ARiVI", I	JI.;SL'S ll()SVITAI Ii)' C.'IIII'I'IiCG I)ARiVI", I	JI.;SL'S ll()SVITAI Ii)' C.'IIII'I'IiCG I)ARiVI", I
DI".IAILED STATI'i) 'll''stl' ()I' I 'I sIAN(.'IA I.A( I'I)T'ITI I:S
I OR TIFF, ))&EAR L')s'il)l'.			D 31 I)l'C'I.)i&litt:IZ 2022
				2072	2021
					f.
I tv('. O()rl I'. Ais) D l.is)'DON'i)&II;isl'I'S
Donations
Sundry incoine					150
Investment income
Rents received I'rom	rent&st		properties	262,112	237,887
It)co)ac Ii'oin ui)it triists				79,880	76&414
I ised interest				21,0G4	22,') 12
Dividends from equities				116,255	118.929
Interest from deposits				1,306	26
COIl' &lcposit interest				2,785	7
				483,402	456,200
Rcsi&lents contrih«lions
(iain on sale ot tangible		lixed assets			600
Contributions from residents				391,255	376,433
				391,255	377,033
'fotal incoming resources				874,G57	833,383
V.XI lsiVni t( RR
I«vestal('lit lliallilgcn)el)i			costs
Portfolio inanagcnicnt				30,05))	30.091
Propel'ty iiliii)i)get)1&'. 1)I costs				19,521	8,836
Investment properties	«tilitics and insurance			16,554	8,622
If)VCstfTIC)lt propCI I'&' 11)aliitC&1&II)CC				30,551	I '),212
				96,685	66,761
(.'harital&lc activities
')I'ages				154,082	I59.171
Social security				12,179	12,4G I
I'ensions				8)482	8,918
Insurance				15,4U6	12.268
Light tin&i he)it				55,675	51,396
Repairs				78,373	71,063
Rates and )vatcr				8,714	7,468
Other garden costs I.egal 4 prof'cssional				31,106 GU,277	16.418 34,004
I rccllold propcrhy dept'cci')tfuli				41,194	41,193
Plant and machinery				577
ivlotor veliicles				4,350	3,')88
Coliiputcr c(lii)pii)clit				561
()i"ii)ts to ii)stltiitlolis				17,118	28,:I&10
(irants to individuals				2,121	4,276
					45I.t)64
0t lier
PC i)iiinI)ii				12,114	12.114

.II.S (IS IIOSI'll'AI, Iib' (lill'I'Ibr' IIAI()b'Lr'	.II.S (IS IIOSI'll'AI, Iib' (lill'I'Ibr' IIAI()b'Lr'	I'
I)l'1',)&II.I':I)5'I'ATl.'&)IF,")'1'()I I'IVAN'C'IAI, I'()R 'I'I II; I'I.AIR I.IXDl:D 31 I)I:(.'I;))IIIL&li		AG "I I ))I'I 2022	I I "8
				2022	2(12 I
Support costs					f.
lian;lgcmcnt
Wages Socnll secor lty I cnslons				23,442 2,569 768	27.5(N) 7,092 769
Aclnl«1 cxpcnsi. s				35,184	31.-129
				61,963	61,790
Ci«1'I.'I' llan cc costs
l)'ages Social security Au(lltol's I'cn1«Ocr)It)on Auditors' rcm«ncration	11)rnon audil u ork			7,810 856 6,000 5,400	9,16)7 697 6,600 6.000
				20,070	22,4 6-'I
'I'otal I'csoufccs cape«de)l				681,047	611,193
Nct inca«le				193,610	21)),190