| Contents | Page | ||
|---|---|---|---|
| Legal and Administrative | Information | ||
| Rcport oftltc Trustees | 4-6 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | |||
| Notes to the Financial | Statements | IO- I3 |
| orthe year ended 31D | cccmbc | r 2022 | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrcstrictcd | Rcstriacd | Rcstrictcd | Total | Total | ||||
| Notes | Funds | Funds | Funds | Funds | Funds | |||
| (Butldmg) | (Other) | 2022 | 2021 | |||||
| 8 | K | 8 | ||||||
| Incoming resources | ||||||||
| Donations | 170.350 | 170.350 | 177.429 | |||||
| hn.cstntcnt incontc | 42,600 | 42.GOO | 25.IG4 | |||||
| Specific income | 65.407 | 65.407 | 41.942 | |||||
| Nct incoming resources | available | 212.950 | 65.407 | 278.357 | 244.535 | |||
| for charitable application |
||||||||
| Charitable espenditure | ||||||||
| Salaries and NIC | 93.431 | 93,431 | 95,643 | |||||
| Pension | 1.187 | 1.187 | 1.177 | |||||
| Stafftnining | 1.08Ci | 1.086 | ||||||
| Insurance | 4.846 | 4.846 | 4,644 | |||||
| Water mtes | 1.354 | 1,354 | 2.658 | |||||
| Light and heat | 7.811 | 7,811 | 5.595 | |||||
| Tclcphonc dt internet | 326 | 126 | 816 | |||||
| Repairs and maitaenance | -Building | 1,053 | 1.053 | 3.876 | ||||
| -Equipment | 19.035 | 19,0:15 | IG,756 | |||||
| -Lift | renovation | 14,087 | 20.500 | 34,587 | ||||
| Accounmnc)' fee |
1.300 | 1,300 | 1.300 | |||||
| Sundn capenscs |
426 | 426 | 521 | |||||
| Cleaning | 245 | 245 | 308 | |||||
| Liccnsc fcc | 185 | 185 | )85 | |||||
| Professional fccs |
2,()70 | 2,07() | 3.&)90 | |||||
| Dcpmciation | 3,005 | 25, | 117 | 28 122 | 28 122 | |||
| Motor cspcnscs | 1.362 | 1.362 | 1.302 | |||||
| Rcpaymcnts made to charitics |
32.878 | 12,878 | 3G.545 | |||||
| Food distribution | 13.050 | 13.05() | 8.820 | |||||
| Total charitable cspcnditurc | 151.447 | 25.117 | G7.790 | 244.354 | 212.258 | |||
| Total resources cspcndcd | 151,447 | 25.117 | 67.790 | 244.354 | 212.258 | |||
| Net incoming rmources |
61403 | (25,117) | (2483) | 34,003 | 32377 | |||
| Increase in fair value of | im estment propcm. | 108.767 | 108.767 | |||||
| Net movement in fund |
||||||||
| Funds balances at 31December | 2021 | 1.234.133 | 2,031.132 | 14.321 | 3,279.588 | 3.247,311 | ||
| Funds balances at 31December 2022 | 1304,403 | 2,006,015 | Itg40 | 3rt224$8 | 3/79 %88 |
| Notes | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| 8 | K | ||||||
| Fixed assets | 2.153,306 | 2.181.428 | |||||
| Investutcnt | property | 1.100,000 | 991.233 | ||||
| '.1.253.:106 | 3.172.661 | ||||||
| Current assets |
|||||||
| Debtors and | prepayrnents | 6 | 7,260 | $, | 135 | ||
| Bank current | account | 180.767 | 149,116 | ||||
| Bank deposit | account | ||||||
| Cash | 50 | ||||||
| 188,077 | 157.301 | ||||||
| Creditors due within one year | |||||||
| Creditors and accruals |
7 | ~190 | 169.052 | ~50 | 74 | 106.927 | |
| Total assets | less current liabilities | 3.422.358 | 3,279.588 | ||||
| Total net assets | 3,422458 | 3.279vtgg | |||||
| Rcstrictcd funds | 7017955 | 2,045.455 | |||||
| Unrestricted | funds | 1.404.403 | 1.234.133 | ||||
| Total funds | 3vt22458 | 347988$ | |||||
| Approved by the board ofuustccs and signed on its behalf by |
|||||||
| I Mehtar | E Vawda | ||||||
| Tlcasurel' | Secretary |
| 2 Investment income |
2022 | 2021 | ||
|---|---|---|---|---|
| f | ||||
| Rctum on bank deposit account | 814 | |||
| Rental income | 42.600 | 24.350 | ||
| 42,600 | 25,164 | |||
| 3Specific income | 2022 | 2021 | ||
| Charitable donations |
31.857 | 33.122 | ||
| Food distribution | 13.050 | 8,820 | ||
| Lift renovation | 20,500 | |||
| 65.407 | 41.942 | |||
| 4Tangible fixed assets | Freehold land | Furniture | Ambulance | |
| ckbuildings | fitting dt | Total | ||
| Cost or valuation | f | equipment | f | |
| At I January 2022 |
2,255,856 | 80,505 | 24,070 | 2,360,431 |
| Additions | ||||
| At 31 December 2022 | 2,255,856 | 80,505 | 24,070 | 2,360.431 |
| Depreciation | ||||
| At 01 January 2022 | 100,468 | 66.505 | 12,030 | 179,003 |
| Charge for thc year | 25.117 | 1.000 | 2.005 | 28.122 |
| At 31 December 2022 | 125,585 | 67.505 | 14.035 | 207.125 |
| Net book value | ||||
| At 31 December 2022 | 2.130.271 | 13.000 | 10.035 | 2.153,306 |
| 207125 | ||||
| At 31 December 2021 | 2.155,388 | 14.000 | 12.040 | 2.181.428 |
| Notes formin | g part ofthe financial statements (cont'd) |
|
|---|---|---|
| Forthc year | cndcd 31"Dcccmbcr 2022 | |
| 5 Invcstmcnt | Propcrlies | |
| Total | ||
| Fall' valllc | ||
| At I Januat) | 2022 | 991.233 |
| Addition | ||
| Revaluation | surplus | 108.767 |
| At31Decem | ber2022 | 1.100.000 |
| 6 Debtors and preps)scents | 2022 | 2021 | ||
|---|---|---|---|---|
| Prepayments | 7.260 | $,414 | ||
| 7360 | 8,414 | |||
| 7Creditors and accruals | 2022 | 2021 | ||
| Interest free loans | 13,350 | 37,350 | ||
| Aecruals and other creditors | 5.675 | 6,225 | ||
| I'A025 | 43,575 | |||
| 8 Restricted funds | ||||
| Building | Other | Total | Total | |
| 2022 | 2021 | |||
| At 01 Januaty 2022 |
2.031.132 | 14.323 | 2.045.455 | 2.077.872 |
| Addition in the year |
65.407 | 65.407 | 41.942 | |
| Repayments | (67,790) | (67.790) | (49.242) | |
| Dcprcciation | ( 25.117) | (25.117) | (25.117) | |
| At 31December 2022 | 2.006.015 | 11,940 | 2.017.955 | 2.045.455 |
| Notes forming part of | thc financial | statements (cont'd) |
|||
|---|---|---|---|---|---|
| Forthe &ear ended 31"December |
2022 | ||||
| 9Unrcstrictcd funds |
Revaluation | General | Total | Total | |
| Reserve | Reserve | 2022 | 2021 | ||
| 8 | |||||
| At 01 Januat). 2022 | 526.01G | 708.117 | 1.234,133 | 1.169.439 | |
| Surplus/(1)cficit) | for thc Scat | 108.767 | 61.503 | 170.270 | 64.694 |
| At 31December 2022 | 634,783 | 769.G20 | 1.404.403 | 1.234.133 |