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|Trustees'|annual report||||
|Independent
examiner'8|||report to the trustees||
|Statement|offinancial||activities||
|Statement|offinancial||position||
|Notes to|the financial|statements|||
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||||||2023|2023|2022|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||funds|Total funds|Total funds|
|||||Note|5|||
|Income and endowments||||||||
|Donations
and legacies||||4|2,385|2,385|46,363|
|Investment
income||||5|208,977|208,977|153,001|
|Total income|||||211,362|211,362|199,364|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Investment
management||costs||6|(120,707)|(120,707)|(55,746)|
|Expenditure
on charitable|activities|||7$|(229,915)|(229,915)|(148,856)|
|Total expenditure|||||(350,622)|(350,622)|(204,602)|
|Net losses on investments||||11|(43,289)|(43,289)||
|Net expenditure
and net|movement||in funds||(182,549)|(182,549)|(5,238)|
|Reconciliation
offunds||||||||
|Total funds brought forward|||||1,237,420|1437,420|1,242,658|
|Total funds carried forward|||||1,054,871|1,054,871|1,237,420|
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||||STATEMENT OF|FINANCIAL|POSITION|||
|---|---|---|---|---|---|---|---|
||||31MARCH 2023|||||
|||||2023||2022||
||||Note|||||
|Fixed assets||||||||
|Tangible fixed assets|||15||6,548,505||6,548,505|
|Investments|||16||||18,100|
||||||6,548,505||6,566,605|
|Current assets||||||||
|Debtors|||17|25,000||25,000||
|Cash at bank|and in hand|||33,358||116,651||
|||||58,358||141,651||
|Creditors: amounts||faging due||||||
|within
one year|||18|(1,551,992)||(1,470,836)||
|Net current|liabilities||||(1,493,634)||(1,329,185)|
|Total assets|less current||liabilities||5,054,871||5,237,420|
|Creditors: amounts||falling due after||||||
|more than one year|||19||(4,000,000)||(4,000,000)|
|Net assets|||||1,054,871||1,237,420|
|Funds ofthe
Unrestricted|charity
funds||||1,054,871||1,237,420|
|Total charity|funds||21||1,054,871||1,237,420|
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|4.|Donations|a|nd legacies|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2023|Funds|2022|
||||||||E|||
||Donations|||||||||
||Donations|received||||2,385|2485|46,363|46,363|
|5.|Investment||income|||||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2023|Funds|2022|
||||||||E|||
||Income from||investment|properties||208,977|208,977|153,001|153,001|
|6.|Investment||management||costs|||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2023|Funds|2022|
||Investment|management||costs||120,707|120,707|55,746|55,746|
|7.|Expenditure||on charitable||activities|by fund type||||
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2023|Funds|2022|
||||||||E|||
||Donations|made||||226,315|226,315|143,336|143,336|
||Support costs|||||3,600|3,600|5,520|5,520|
|||||||229,915|229,915|148,856|148,856|
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|8.|Expenditure|Expenditure|Expenditure|on charitable|on charitable|on charitable|activities by|activities by|activities by|activity type|activity type|activity type||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Grant funding||||||Total funds|Total fund||
|||||||||||ofactivities||Support||costs|2023||2022|
||Donations||made|||||||226,315||||3,600|229&915|148,856||
|9.|Analysis|ofsupport costs||||||||||||||||
||||||||||||||Analysis of|||||
||||||||||||||support|costs||||
||||||||||||||Accountancy|||||
|||||||||||||||fees|Total 2023|Total|2022|
||Support costs|||||||||||||3,600|3,600||5,520|
|10.|Analysis|ofgrants||||||||||||||||
||Included|in the charitable||||activities|||are the following|||material||grants|made during the year:|||
||||||||||||||||||2023|
||Achisomoch|||Aid Company||||||||||||87,660||
||LTC Trust||Co|||||||||||||60,000||
||Donations||no|greater than|||f15,000||individually||or in|aggregate||||78,655||
||Total|||||||||||||||226,315||
|11.|Net losses||on||investments|||||||||||||
|||||||||||Unrestricted|||Total Funds||Unrestricted|Total|Funds|
||||||||||||Funds|||2023|Funds||2022|
||Gains/(losses)||||on other investment|||||||||||||
||assets||||||||||(43,289)||(43,289)|||||
|12.|Independent||||examination||fees|||||||||||
||||||||||||||||2023||2022|
||||||||||||||||B|||
||Fees payable|||to the independent||||examiner for:||||||||||
||Independent||examination|||ofthe||financial||statements|||||2,500||1,800|
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|No remuneration
or other benefits
from employment
with t
received by either ofthe two trustees.
Tangible fixed assets|he charity
or 8 related
entity
were|
|---|---|
||Land and|
||buildings|
|Fair value||
|At 1April 2022 and 31March 2023|6,548,505|
|Depreciation||
|At 1April 2022 and 31March 2023||
|Carrying amount||
|At 31March 2023|6/48,505|
|At 31March 2022|6,548,505|
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|16.|Investments||||
|---|---|---|---|---|
|||||Other|
|||||investments|
||Cost or valuation||||
||At 1 April 2022|||18,100|
||Additions||||
||Disposals|||(18,100)|
||At 31March 2023||||
||Impairment||||
||At 1April 2022|and 31March 2023|||
||Carrying amount||||
||At 31March 2023||||
||At 31 March 2022|||18,100|
||All investments|shown above are held at valuation.|||
|17.|Debtors||||
||||2023|2022|
||Other debtors||25,000|25,000|
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||||||2023|2022|
|---|---|---|---|---|---|---|
|Rents in advance|||||54,167||
|Analysis ofcharitable||funds|||||
|Unrestricted|funds||||||
|||At|||Gains and|At|
|||1April 2022|Income|Expendkture|losses|31March 2023|
|General funds||1,237,420|211,362|(350,622)|(43,289)|1,054,871|
|||At|||Gains and|At|
|||1 April 2021|Income|Expenditure|losses|31March 2022|
|||||E|||
|General funds||1,242,658|199,364|(204,602)||1,237,420|
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|Analysis|ofliabilit|ies between funds|||
|---|---|---|---|---|
||||Unrestricted|Total Funds|
||||Funds|2023|
|Tangible|fixed assets||6,548,505|6448,505|
|Investments|||||
|Current|assets||58,358|58,358|
|Creditors|less than|1 year|(1,551,992)|(1,551,992)|
|Creditors|greater than I year||(4,000,000)|(4,000,000)|
|Net assets|||1,054,871|1,054,871|
||||Unrestricted|Total Funds|
||||Funds|2022|
|Tangible|fixed assets||6,548,505|6,548,505|
|Investments|||18,100|18,100|
|Current|assets||141,651|141,651|
|Creditors|less than|I year|(1,470,836)|(1,470,836)|
|Creditors|greater than I year||(4,000,000)|(4,000,000)|
|Net assets|||1,237,420|1,237,420|
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