| Page | ||
|---|---|---|
| Reference and administrative details ofthe charity, its Trustees and advisers |
||
| Trustees' report |
||
| Independent examiner's report |
7-8 | |
| Statement offinancial | activities | |
| Balance sheet | 10 | |
| Notes to the financial | statements | 11-23 |
| We received the following donations: |
||
|---|---|---|
| The Bungay Medical Centre Property | Company | f25,000 |
| Gift from the Friends of All Hallows | F119 | |
| In memory of Mrs Beryl Sullivan |
6500 | |
| Donations from an anonymous donor |
who gives regularly | F175 |
| In memory of Mr Charles Clarke |
F153.65 | |
| HM Revenue 8 Customs gift aid reimbursement |
f75 |
| Grants to individuals | amo | unted to F |
unted to F |
19,436 | |||
|---|---|---|---|---|---|---|---|
| Bathroom conversion |
for | a disabled | person | F5,000 | |||
| Equipment for terminally |
ill young wife | F3,734 | |||||
| Mobility scooter | E3,000 | ||||||
| Deduttering | E2,628 | ||||||
| Private psychiatric assessment | at The Pottergate | Centre, | Norwich | E2,160 | |||
| Mobility scooter | E1,265 | ||||||
| Decluttering | E1,000 | ||||||
| Folding wheelchair | 2650 |
| Endowment | Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2022 | 2021 | ||||
| Note | ||||||||
| Income and | ||||||||
| endowments | from: | |||||||
| Donations and |
legacies | 1,023 | 1,023 | 22,768 | ||||
| Charitable activities: |
||||||||
| Ground rent |
5,000 | 5,000 | 5,000 | |||||
| Property rent |
8,085 | 8,085 | 8,085 | |||||
| Investments | 35,429 | 35,429 | 34,032 | |||||
| Total income | and | |||||||
| endowments | 49,537 | 49,537 | 69,885 | |||||
| Expenditure | on: | |||||||
| Raising funds | 4,514 | 4,514 | 4,170 | |||||
| Charitable activities: |
||||||||
| Depreciation | 280 | 280 | 280 | |||||
| Grants | 37,613 | 37,613 | 25,929 | |||||
| Governance | 4,361 | 4,361 | 2,264 | |||||
| Website | ||||||||
| development | 252 | 252 | 252 | |||||
| Total expenditure | 280 | 46,740 | 47,020 | 32,895 | ||||
| Net | ||||||||
| (expenditure)/Income | ||||||||
| before net gains on | ||||||||
| investments | (280) | 2,797 | 2,517 | 36,990 | ||||
| Net gains on | ||||||||
| investments | 34,715 | 34,715 | 66,416 | |||||
| Net movement | in | |||||||
| funds | {280) | 37,512 | 37,232 | 103,406 | ||||
| Reconciliation | of | |||||||
| funds: | ||||||||
| Total funds brought | ||||||||
| forward | 5,000 | 383,280 | 460,518 | 848,798 | 745,392 | |||
| Net movement | in funds | {280) | 37,512 | 37,232 | 103,406 | |||
| Total funds can1ed | ||||||||
| forward | 5,000 | 383,000 | 498,030 | 886,030 | 848,798 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | E | |||||
| Fixed assets | ||||||
| Tangible assets | 11 | 383,000 | 383,280 | |||
| Investments | 13 | 389,423 | 373,541 | |||
| Investment property |
12 | 95,200 | 72,000 | |||
| 867,623 | 828,821 | |||||
| Current assets | ||||||
| Investments | 14 | 1,756 | 1,888 | |||
| Cash at bank and in | hand | 20,144 | 21,480 | |||
| 21,900 | 23,368 | |||||
| Creditors: amounts | falling due within one | |||||
| year | 15 | (3,493) | (3,391) | |||
| Net current assets | 18,407 | 19,977 | ||||
| Total assets less current liabilities | 886,030 | 848,798 | ||||
| Total net assets | 886,030 | 848,798 | ||||
| Charity funds | ||||||
| Endowment funds |
5,000 | 5,000 | ||||
| Restricted funds | 383,000 | 383,280 | ||||
| Unrestricted funds |
498,030 | 460,518 | ||||
| Total funds | 886,030 | 848,798 |
| Donations | ||
|---|---|---|
| Individuals | including | Gift Aid |
| Total 2021 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| F | |||||
| Rent | 13,085 | 13,085 | 13,085 | ||
| Total 2021 | 13,085 | 13,085 | |||
| 5. | Investment | income |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2022 | 2022 | 2021 | ||||
| F | ||||||
| Investment | income - investment | properties | 1,680 | 1,680 | 1,600 | |
| Investment | portfolio | 8,749 | 8,749 | 7,432 | ||
| Payments | under Gift Aid from subsidiary | company | 25,000 | 25,000 | 25,000 | |
| Total 2022 | 35,429 | 35,429 | 34,032 | |||
| Total 2021 | 34,032 | 34,032 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022f | 2021 | |||
| Investment | management | fees | 4,514 | 4,514 | 4,170 |
| Total 2021 | 4,170 | 4,170 |
| Grants to | Grants to | Total | Total | ||
|---|---|---|---|---|---|
| Institutions | Individuals | funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| E | |||||
| Grants | 15,500 | 10,788 | 26,288 | 20,400 | |
| Grants for equipment | purchased | 2,676 | 8,649 | 11,325 | 5,529 |
| Total 2022 | 18,176 | 19,437 | 37,613 | 25,929 | |
| Total 2021 | 11,674 | 14,255 | 25,929 |
| The ch | arity has made th | e foilowing material grants to instit |
utions during the year: |
|
|---|---|---|---|---|
| 2022 | 2021 | |||
| Name | of institution | |||
| Bungay | Area Community | Transport | 14,000 | 8,500 |
| Bungay | Medical Centre | 2,676 | 174 | |
| Bungay | Town Council | 2,000 | ||
| Other | 1,500 | 1,000 | ||
| 18,176 | 11,674 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022f | 2021 | |||
| Accountancy fees including | Independent | Examination | 1,782 | 1,782 | f,722 |
| Liability insurance | 305 | 305 | 235 | ||
| Legal and professional | 2,274 | 2,274 | 307 | ||
| 4,361 | 4,361 | 2,264 |
| Long-term | Short-term | |||||
|---|---|---|---|---|---|---|
| Freehold | leasehold | leasehold | ||||
| property | property | property | Total | |||
| Cost or valuation | ||||||
| At 1 April 2021 | 108,600 | 280,000 | 26,031 | 414,631 | ||
| At 31 March | 2022 | 108,600 | 280,000 | 26,031 | 414,631 | |
| Depreciation | ||||||
| At 1 April 2021 | 5,320 | 26,031 | 31,351 | |||
| Charge for the year | 280 | 280 | ||||
| At 31 March | 2022 | 5„600 | 26,031 | 31,631 | ||
| Net book value | ||||||
| At 31 March | 2022 | 108,600 | 274,400 | 383,000 | ||
| At31March | 2021 | 108,600 | 274,680 | 383,280 | ||
| 12. | Investment | property | ||||
| Freehold | ||||||
| investment | ||||||
| property | ||||||
| Valuation | ||||||
| At 1 April 2021 | T2,000 | |||||
| Revaluation | 23,200 | |||||
| At 31 March | 2022 | 95,200 |
| Investments | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| in | ||||||||||
| subsidiary | Listed | |||||||||
| companies | Investments | Total | ||||||||
| Cost or valuation | ||||||||||
| At 1 April 2021 | 20,000 | 353,541 | 373,541 | |||||||
| Additions | 98,500 | 98,500 | ||||||||
| Disposals | (94,059) | (94,059) | ||||||||
| Revaluations | 11,441 | 11,441 | ||||||||
| At 31 March | 2022 | 20,000 | 369,423 | 389,423 | ||||||
| Net book value | ||||||||||
| At 31 March | 2022 | 20,000 | 369,423 | 389,423 | ||||||
| At 31March | 2021 | 20,000 | 353,541 | 373,541 | ||||||
| Principal subsidiaries | ||||||||||
| The following | was a subsidiary | undertaking | of the charity: | |||||||
| Name | Company number |
Class of shares |
Holding | |||||||
| Bungay Medical Centre Property | Company | Limited | 03961404 | Ordinary | 100'/o | |||||
| The financial | results of the subsidiary | for the year were: | ||||||||
| Name | Profit/ | Net assets | ||||||||
| (Loss) for | ||||||||||
| the year | ||||||||||
| Bungay Medical Centre Property | Company | Limited | 134,305 | 2,685,803 | ||||||
| 14. | Current asset investments | |||||||||
| 2022 | 2021 | |||||||||
| Cash with investment | manager | 1,756 | 1,888 |
| Summary | offunds - cur | rent year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at 1 | Gains/ | 31 March | ||||
| April 2021 | Income | Expenditure | (Losses) | 2022 | ||
| F | ||||||
| General funds | 460,518 | 49,537 | (46,740) | 34,715 | 498,030 | |
| Endowment | funds | 5,000 | 5,000 | |||
| Restricted | funds | 383,280 | (280) | 383,000 | ||
| 848,798 | 49,537 | (47,020) | 34,715 | 886,030 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Gain@' | 31March | ||||
| 1April 2020 | Income | Expenditure | (Losses) | 2021 | ||
| General funds | 356,832 | 69,491 | (32,615) | 66,810 | 460,518 | |
| Endowment | funds | 5,000 | 5,000 | |||
| Restricted | funds | 383,560 | (280) | 383,280 | ||
| 745,392 | 69,49'I | (32,895) | 66,810 | 848,798 |
| Analysis of net assets between fund | s - current year | |||
|---|---|---|---|---|
| Endowment | Restricted | Unrestricted | Total | |
| funds | funds | funds | funds | |
| 2022 | 2022 | 2022 | 2022 | |
| F | ||||
| Tangible fixed assets | 383,000 | 383,000 | ||
| Fixed asset investments | 389,423 | 389,423 | ||
| Investment property |
95,200 | 95,200 | ||
| Current assets | 5,000 | 16,900 | 21,900 | |
| Creditors due within one year | (3,493) | (3,493) | ||
| Total | 5,000 | 383,000 | 498,030 | 886,030 |
| Analysis of net assets between fund |
s - prior year | |||
|---|---|---|---|---|
| Endowment | Restncted | Unrestricted | Total | |
| funds | funds | funds | funds | |
| 2021 | 2021 | 2021 | 2021 | |
| E | ||||
| Tangible fixed assets | 383,280 | 383,280 | ||
| Fixed asset investments | 373,541 | 373,541 | ||
| investment property |
72,000 | 72,000 | ||
| Current assets | 5,000 | 18,368 | 23,368 | |
| Creditors due within one year | (3,391) | (3,391) | ||
| Total | 5,000 | 383,280 | 460,518 | 848,798 |