| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | I | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 7 | to | I I | |
| Detailed Statement ofFinancial Activities | 12 |
| FOR TH | E YEAR ENDED 31OCT | OBER 2021 | |||
|---|---|---|---|---|---|
| 31.10.21 | 31.10.20 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Investment income |
49,408 | 48,819 | |||
| EXPENDITURE ON | |||||
| Raising funds | 25,416 | 18,178 | |||
| Charitable activities |
|||||
| General | 1400 | 10,900 | |||
| Total | 26,716 | 29,078 | |||
| Net gains on investments | 270,000 | ||||
| NET INCOME | 292,692 | 19,741 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 5,790489 | 5,770,648 | ||
| TOTAL FUNDS CARRIED FORWARD | 6,083,081 | 5,790,389 |
| ~EAL ESHEET 31OCTOBER 2021 |
|||
|---|---|---|---|
| 31.10.21 | 31.10.20 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| iavestment property |
5,948,220 | 5,650,000 | |
| CURRENT ASSETS | |||
| Cash at bank | 137,061 | 142,190 | |
| CREDITORS | |||
| Amounts falling due within one year |
(2,200) | (1,801) | |
| NET CURRENT ASSETS | 134T$61 | 140,389 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 6,083,081 | 5,790,389 | |
| NETASSETS | 6,0$3,0$1 | 5,790,389 | |
| FUNDS | |||
| Unrestricted funds |
6,083,081 | 5,790,389 | |
| TOTALFUNDS | 6,083,081 | 5,790,389 |
| Further explanation ofthe nature and purpose ofeach fun |
d is included in the notes to the financial sta |
tements. |
|---|---|---|
| INVESTMENT INCOME | ||
| 31.10.21 | 31.10.20 | |
| g | ||
| Rents received | 49,400 | 48,719 |
| Deposit account interest | 8 | 100 |
| 49,408 | 48,819 |
| Investment ma |
nagement costs |
||
|---|---|---|---|
| 31.]0.21 | 31.10.20 f |
||
| Staff costs | 5,000 | ||
| Administrative | expenses | 569 | |
| Insurance | 2,246 | 2,176 | |
| Property repairs | 23,170 | 10,433 | |
| 25,416 | 18,178 |
| There were no staff costs during the period. (2020:65,000) | |
|---|---|
| INVESTMENT PROPERTY | |
| FAIRVALUE | |
| At 1 November 2020 |
5,650,000 |
| Additions | 28,220 |
| Revaluation | 270,000 |
| At 31October 2021 | 5,94$,220 |
| NET BOOK VALUE | |
| At 31 October 2021 | 5,948,220 |
| At 31 October 2020 | 5,650,000 |
| Valuation | in | 2009 | 435,500 |
|---|---|---|---|
| Valuation | in | 2011 | 42,000 |
| Valuation | in | 2012 | 286,500 |
| Valuation | in | 2013 | 89,000 |
| Valuation | in | 2014 | 149,000 |
| Valuation | in | 2015 | 367,000 |
| Valuation | in | 2016 | 612,500 |
| Valuation | in | 2017 | 148,000 |
| Valuation | in | 2019 | 40,000 |
| Valuation | in | 2021 | 270,000 |
| Cost | 3,508,720 | ||
| 5,948,220 |
| Incoming | Resources | Gains and | Movement | |||||
|---|---|---|---|---|---|---|---|---|
| resources f |
expended | losses f |
in funds | |||||
| Unrestricted | funds | |||||||
| General | fund | 49,408 | (26,716) | 270,000 | 292,692 | |||
| TOTAL | FUNDS | 49,408 | (26,716) | 270,000 | 292,692 | |||
| Comparatives | for movement | in funds | ||||||
| Net | ||||||||
| At | movement | At | ||||||
| 1.11.19 | in funds | 31.10.20 | ||||||
| f | ||||||||
| Unrestricted | funds | |||||||
| General | fund | 5,770,648 | 19,741 | 5,790,389 | ||||
| TOTAL | FUNDS | 5,770,648 | 19,741 | 5,790,389 | ||||
| Comparative | net movement | in | funds, included | in the above are as follows: | ||||
| lncotning | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General | fund | 48,819 | (29,078) | 19,741 | ||||
| TOTAL FUNDS | 48,819 | (29,078) | 19,741 |
| DETAILED STATEMENT OF FORTHE YEAR ENDED |
FINANCIAL ACTIVITIES 31OCTOBER 2021 |
|||
|---|---|---|---|---|
| 31.10.21 | 31.10.20 | |||
| INCOME AND ENDOWMENTS | ||||
| Investment income |
||||
| Rents received | 49,400 | 48,719 | ||
| Deposit account | interest | 8 | 100 | |
| 49,408 | 48,819 | |||
| Total incoming | resources | 49,408 | 48,819 | |
| EXPENDITURE | ||||
| Investment management |
costs | |||
| Secretarial services | 5,000 | |||
| Administrative | expenses | 569 | ||
| Insurance | 2,246 | 2,176 | ||
| Properly repairs | 23,170 | 10,433 | ||
| 25,416 | 18,178 | |||
| Charitable activities |
||||
| Charitable donations |
10,000 | |||
| Support costs | ||||
| Governance | costs | |||
| Accountancy | and legal fees | 1,300 | 900 | |
| Total resources | expended | 26,716 | 29,078 | |
| Net income | 22,692 | 19,741 |