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||||CONTENTS||
|---|---|---|---|---|
|||||Page|
|Report ofthe|Trustees||||
|Report ofthe|Independent|Examiner|||
|Statement ofFinancial Activities|||||
|Balance Sheet|||||
|Notes forming|part ofthe|Financial|Statements||
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|||||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|
|||||Notes||||||
|Incoming|resources from|||||||||
|generated|funds:|||||||||
|Investment|Income||||||14,726||16,013|
|Grants|||||||6,654||41,132|
|Donations|and|other fund raising|||||41,189||23,558|
|Income from Land|||||||1,500||1,500|
||||||||64,069||82,203|
|Resources|Expended|||||||||
|Charitable|Activities||||55,511|||214,462||
|Governance|||||9,638|||8,492||
|Total Resources Expended|||||||65,149||222,954|
|Net (Outgoing)/Incoming|||Resources||||(1,080)||(140,751)|
|Gains/(Losses)||on Investment||||||||
|Realised —||Equities|||||50,364||12,807|
|||Government||Stock||||||
|||Unit Trusts,|Alternattves||&Fixed Interest||4,828||8,164|
||||||||55,192||20,971|
|Unrealised|-|Gain/(Deficit)||||||||
|||Equities|||||17,343||1,227|
|||Government||Stocks|||1,978||1,001|
|||Unit Trusts,|Alternatives||&Fixed Interest||(1,737)||(7,999)|
||||||||72,776||15,200|
|Net Movement||in Funds|||||71,696||(125,551)|
|Fund Balance||at IJanuary||2021|||835,903||961,454|
|Fund Balance||at 31December 2021|||||907,599||835,903|
##
|||Notes|2021|2020|
|---|---|---|---|---|
|FIXEDASSETS|||||
|Investments|||738,698|757,790|
|Ground Rents|||1,293|1,293|
||||739,991|759,083|
|CURRENT ASSETS|||||
|Cash at Bank|its in Hand||167,104|76,820|
|Other debtors|||504||
||||907,599|835,903|
|Represented|by:-||||
|Unrestricted
Funds|||||
|General Fund|||907,599|835,903|
|Designated
Fund|||||
||||907,599|835,903|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||f||
|2.|INVESTMENT||INCOIVIE||||
||Dividends||||14,254|15,973|
||Interest||||457|25|
||Ground Rent|Received|||15|15|
||||||14,726|16,013|
|3.|GRANTS||||||
||Rochdale Metropolitan|||Borough Council||25,000|
||Job Retention|Scheme|||6,654|16,132|
||||||6,654|41,132|
|4.|DONATIONAL||AND|OTHER FUND RAISING|||
||Donations||||40,714|20,399|
||Fund Raising||||475|3,159|
||||||41,189|23,558|
##
|||||||2021|||2020|
|---|---|---|---|---|---|---|---|---|---|
||||||Chantable||Governance|Total|Total|
||||||Activities|||||
|Property|Costs:-|||||||||
|Rates|||||1,352|||1,352|1,392|
|Insurance|||||5,277|||5,227|4,480|
|Heat and|Light||||5,992|||5,992|7,020|
|Repairs and Renewals|||||4,614|||4,614|5,553|
|Support|Costs:-|||||||||
|Food|||||2,722|||2,722||
|Entertainment|||||178|||178|25|
|Employment|||||28,839|||28,839|25,153|
|Stockbroker Fees|||||||6,518|6,518|6,224|
|Professional
Fees||||||||||
|Accountancy|||||||3,120|3,120|2,268|
|Punting,|Stationery|and|Computer|Costs|626|||676|1,040|
|Telephone|and Television||||1,317|||1,317|779|
|Sundry
Expenses|||||1,444|||1,444|1,801|
|Property|Improvement||Costs||3,200|||3,200|167,219|
||||||55,511||9,638|65,149|222,954|
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|NOTES TO TH|E ACCOUNT|S FOR THE Y|EAR ENDED|31DECEMBE|R 2021|
|---|---|---|---|---|---|
|6. INVESTMENTS||||2021|2020|
|||||I||
|a) Quoted at market value||||||
|Equittes||||643,813|642,728|
|Unit Trusts, Alternatives|&Fixed Interest|||49,121|46,707|
|British Government
Stocks||||45,764|68,355|
|||||738,698|757,790|
|||2021||2020||
|b) Movements
in Equities||||||
|As at I January 2021||||||
|As stated at cost|||543,502||525,193|
|Increase to market value|||99,226||97,999|
|As at I January 2021 at market value|||642,728||623,192|
|Purchases
during
the year|||99,745||228,370|
||||742,473||851,562|
|Disposals during
the year:-||||||
|Proceeds||165,649||222,868||
|Cost at I January
2021||116,003|(116,003)|210,061|(210061)|
|Realised Gam||49,646||12,807||
|Unrealised
Gain|||17,343||1,227|
|Valuation
at 31 December 2021|||643,813||642,728|
|c.Movements
in Unit Trusts, Alternatives||&Fixed Interest||||
|As at I January 2020 as stated at cost|||44,249||100,734|
|Uplift to market value|||2,458||10,457|
|As at I January 2021 at market value|||46,707||111,191|
|Purchases
during
the year|||436||21,250|
||||47,143||132,441|
|Disposals during
the year||||||
|Proceeds||||85,899||
|Cost at I January 2021||||77,735|(77,735)|
|Realised Gain||||8,164||
|Unrealised
(Loss) IGain|||1,978||(7,999)|
|Valuation
at 3I December|2021||49,121||46,707|
##
|||||2021||2020||
|---|---|---|---|---|---|---|---|
|d)Movements
in|British Government|Stock||||||
|As at 1 Januaty|2020 as stated at cost||||62,360||62,360|
|Uplift to Market|Value||||5,995||4,994|
|As at 1 January|2020 at market value||||68,355||67,354|
|Disposals during the Year||||||||
|Proceeds|||25,245|||||
|Cost at 1 January|2021||20,854||(20,854)|||
|Realised Gam|||4,391|||||
|Unrealised
(Loss)/Gain|||||(1,737)||1,001|
|Valuation
at 31|December 2021||||45,764||68,355|
|7.GROUND RENTS AT COST|||||2021||2020|
|Land —Hartley|Street, Rochdale||||378||378|
|Land —Leamington
Street and Redcross Street|||||915||915|
||||||1,293||1,293|
##
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||||2021||2020||
|---|---|---|---|---|---|---|
|Bank Balances at 1January 2021|||||||
|Current Account||21,892|||72,621||
|Rathbones
Account||516|||11,619||
|Capital Reserve|||||||
|||||22,408||84,240|
|Receipts|||||||
|Donations||1|||1||
|Investment
Income||14,710|||15,973||
|Sales ofInvestments||190,895|||308,767||
|Ground Rent Received||15|||15||
|Grant|||||25,000||
|||||205,621||349,756|
|||||228,029||433,996|
|Payments|||||||
|Repairs and Renewals||450|||740||
|Property
Improvement|Costs||||116,675||
|Grant to Management|Committee|21,000|||30,657||
|Purchase ofInvestments||99,027|||249,620||
|Rates and Council Tax||1,352|||1,393||
|Insurance||5,227|||4,480||
|Accountants
Fees||1,800|||1,800||
|Stockbrokers
Fees||6,518|||6,223||
|||||135,374||411,588|
|Balances Carried Forward|||||||
|Bank Balances at 31December 2021|||||||
|Current Account||22,080|||21,892||
|Rathbones Account||70,575|||516||
|Capital Reserve|||||||
|||||92,655||22,408|
##
|||||2021|||2020|2020|
|---|---|---|---|---|---|---|---|---|
||||||||f||
|Bank Balances at 1|January 2021||||||||
|Bank|||||||||
|High Interest Accounts
Community
Account|||||12
52,176||12
35,195||
|Money Managers
Cash|||||1,333
891||38,562
415||
||||||54,412||74,|184|
|Receipts|||||||||
|Grants from Trustees||||21,000||30,657|||
|Bequests|||||||||
|Job Retention Scheme||||6,654||16,132|||
|Donations
from Masons||||||250|||
|General Donation||||40,713||20,148|||
|Field Rental||||1,500||1,500|||
|Home Generated Income||||475||3,159|||
|Bank Interest||||||25|||
||||||70,342||71,871||
||||||||146,055||
|Payments|||||||||
|Food||||2,722|||||
|Salaries||||28,399||24,856|||
|Pension Contributions||||943||297|||
|Oil||||3,732||3,495|||
|Electricity||||2,260||3,525|||
|Printing,
Stationery|and|Computer|Costs|626||1,040|||
|Telephone
and Television||||1,317||779|||
|Repairs and Renewals||||4,164||4,813|||
|Children's
Entertainment||||178||25|||
|Miscellaneous||||1,444||1,801|||
|Accountants'
Fees||||1,320||468|||
|Professional
Fees|||||||||
|Property
Improvement||Costs||3,200|50,305|50,544|91,643||
|Balances Carried Forward at 31 December 2021|||||||||
|Bank|||||||||
|High Interest Account||||12||12|||
|Community
Account||||69,670||52,176|||
|Money Manager||||1,333||1,333|||
|||||71,015||53,521|||
|Cash||||3,434|74,449|891|54,412||