| Page | ||
|---|---|---|
| Trust Information | ||
| Report ofthe Trustees | ||
| Statement ofTrustees' | Responsibilities | |
| Report ofthe Independent Examiner |
||
| Statement of Financial | Activities | 10 |
| Balance Sheet | ||
| Accounting Policies |
12-15 | |
| Notes to the Financial | Statements | 16-19 |
| Unrestricted | Designated | Restricted | 2023 | 2022 | |||
|---|---|---|---|---|---|---|---|
| Total | Total | ||||||
| Note | funds | funds | funds | Funds | Funds | ||
| E | f | ||||||
| Income | |||||||
| investment income |
87,523 | 87,523 | 81,249 | ||||
| Total Income | 87,523 | 87,523 | 81,249 | ||||
| Expenditure | |||||||
| Charitable expenditure |
33,500 | 33,500 | 95,966 | ||||
| Other Costs | 16,256 | 16,256 | 20,497 | ||||
| Total Charitable Expenditure |
49,756 | 49,756 | 116,463 | ||||
| Unrealised gain/(loss) on investment |
assets | 5 | (135,094) | (135,094) | 174,575 | ||
| Net income/(expenditure) | (97,327) | (97,327) | 139,361 | ||||
| Unrealised gains on property |
59,000 | 59,000 | 188,000 | ||||
| Net Movement in Funds |
(38,327) | (38,327) | 139,361 | ||||
| Balance at beginning ofyear |
3,031,206 | 8,600 | 3,039,806 | 2,712,445 | |||
| Transfer between funds |
10 | 8600 | (8600) | ||||
| Balance at end ofyear | 2,992,879 | 8,600 | 3,001,479 | 3,039,806 |
| Note | 05.04.23 | 05.04.22 | ||||
|---|---|---|---|---|---|---|
| Total Funds | Total Funds | |||||
| Fixed Assets | ||||||
| Tangible assets | - Leasehold | property | 947,000 | 888,000 | ||
| Investments | 1,998,171 | 2,133,265 | ||||
| 2,945,171 | 3,021,265 | |||||
| Current Assets | ||||||
| Debtors | 9,731 | |||||
| Cash at bank and in hand | 54,616 | 20,736 | ||||
| Creditors | ||||||
| Amounts falling |
due within | one year | (8,039) | (2,195) | ||
| Current Assets | Less Current | Liabilities | 56,308 | 18,541 | ||
| Net Assets | 3,001,479 | 3,039,806 | ||||
| Funds | 10 | |||||
| General fund | 2,240,879 | 2,338,206 | ||||
| General fund Revaluation | Reserve | 752,000 | 693,000 | |||
| Restricted fund | (RH Gapper | Legacy) | 8,600 | |||
| Designated fund |
(RH Gapper Legacy) | 8,600 | ||||
| 3,001,479 | 3,039,806 |
| 3.Charitable | Expenditure | 2023 | 2022 | |
|---|---|---|---|---|
| Unrestricted | ||||
| Grants to The Urswick School | 13,500 | 47,216 | ||
| Grants to StJohn and StJames Primary | School | 20,000 | 48,750 | |
| 33,500 | 95,966 | |||
| 2023 | 2022 | |||
| 4.Other Costs | ||||
| Independent | Examiner's fee | 810 | 960 | |
| Accountancy | fees | 1,836 | 2,036 | |
| Clerking fees | (TTP) | 4,397 | 5,059 | |
| Legal fees | 1,140 | 6,000 | ||
| Premises expenses | 4,730 | 4,012 | ||
| Other sundry | expenses | 3,343 | 2,430 | |
| 16,256 | 20,497 |
| 5.Movement | on | Unit Trust Investments | Unit Trust Investments | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| f | f | |||||
| Investments | at market value at | beginning ofyear | 2,133,265 | 1,958,690 | ||
| Additions in |
year | |||||
| Surplus/(Deficit) | on revaluation | ofinvestments | at the year end | (135,094) | 174,575 | |
| investments | at market value at | end ofyear (see | note 7) | 1,998,171 | 2,133,265 |
| 2023 | 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Market | Market | ||||||||
| Value | Value | ||||||||
| 7.Investments | |||||||||
| Name of Investment | Units | Cost | |||||||
| COIF Charities' | Investment | Fund | 48,411.49 (2022) | ||||||
| Income units | 48,411.49 (2023) | 369,686 | 902,826 | 955,648 | |||||
| COIF Charities' | Property | Fund | 82,294.24 (2022) | ||||||
| Income units | 82,294.24 (2023) | 87,884 | 91,059 | 107,962 | |||||
| Charifund - Equities Investment |
Fund | 67,712.106(2022) | |||||||
| for Charities —income units |
67,712.106(2023) | 691,000 | 1,004,286 | 1,069,655 | |||||
| 1,14S,570 | 1,998,171 | 2,133,265 | |||||||
| btors and Prepayments | 2023 | 2022 | |||||||
| yments | 9,731 |
| Hackne | Free and Parochial Schools | Free and Parochial Schools | Free and Parochial Schools | Free and Parochial Schools | Free and Parochial Schools | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Educational | Trust | ||||||||||
| Notes to | the | Financial | Statements | for Year Ended 5 A | ril | ||||||
| 2023 | |||||||||||
| 9.Creditors | 2023 | 2022 | |||||||||
| Creditors | 6,974 | 1,190 | |||||||||
| Accruals | 1,065 | 1,005 | |||||||||
| 8,039 | 2,195 | ||||||||||
| 10.Assets | analysed | by Fund 2023 | Investment | Net Current | |||||||
| propertyf | Investments f |
Assets f |
Total | ||||||||
| General | Fund | 195,000 | 1,998,171 | 47,708 | 2,240,879 | ||||||
| General | Fund Revaluation | Reserve | 752,000 | 752,000 | |||||||
| Designated | Fund | 8,600 | 8,600 | ||||||||
| 947,000 | 1,998,171 | 56,308 | 3,001,479 | ||||||||
| 10.Assets | analysed | by Fund 2022 | investment | Net Current | |||||||
| Property f |
Investments f |
Assets f |
Totalf | ||||||||
| General | Fund | 195,000 | 2,133,265 | 9,941 | 2,338,206 | ||||||
| General | Fund Revaluation | Reserve | 693,000 | 693,000 | |||||||
| Restricted | Fund | 8,600 | 8,600 | ||||||||
| 888,000 | 2,133,265 | 18,541 | 3,039,806 |
| Unrestricted | Restricted | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|
| Total | ||||||||
| Note | funds | funds | Funds | |||||
| Income | ||||||||
| Investment | income | 81,249 | 81,249 | |||||
| Total Income | 81,249 | 81,249 | ||||||
| Expenditure | ||||||||
| Charitable | expenditure | 95,966 | 95,966 | |||||
| Other Costs | 20,497 | 20,497 | ||||||
| Total Charitable Expenditure |
116,463 | 116,463 | ||||||
| Unrealised | gains on | investments | assets | 5 | 174,575 | 174,575 | ||
| Net Income | 139,361 | 139,361 | ||||||
| Unrealised | gains on | property | 188,000 | 188,000 | ||||
| Net Movement in Funds |
327,361 | 327,361 | ||||||
| Balance at | beginning | ofyear | 2,?03,845 | 8,600 | 2,712,445 | |||
| Balance at | end ofyear | 3,031,206 | 8,600 | 3,039,806 |