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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|3|
|Independent
Examiner's Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|7|to|11|
|Detailed Statement ofFinancial Activities||||
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||||RT|IAL
|CT
TI||
|---|---|---|---|---|---|---|
||||||31.10.22|31.10,21|
||||||Unrestricted|Total|
||||||fund|funds|
|||||Notes|||
|INCOME|AND ENDOWMENTS||FROM||||
|Investment|income||||54 962|49 408|
|EXPENDITURE ON|||||||
|Raising funds|||||24/45|26,716|
|Charitable|activles||||||
|General|||||5,000||
|Other|||||||
|Total|||||29845|26,716|
|Net gains|on investments||||~245
35|270 000|
|NET INCOME|||||270,652|292,692|
|RECONCILIATION||OF FUNDS|||||
|Total funds brought||forward|||6,083,081|5,790,389|
|TOTAL FUNDS CARRIED FORWARD|||||6353733|6083 081|
|||B|2|2|||
|---|---|---|---|---|---|---|
||||||31.10.22|31.10.21|
||||||Unrestricted|Total|
||||||fund|funds|
||Notes||||||
|FIXEDASSETS|||||||
|Investment
property|||||6,440,000|5,948/20|
|CURRENT ASSETS|||||||
|Cash at bank|||||57+47|l37,061|
|CREDITORS|||||||
|Amounts
falling due within one year|||||t34$67)|(2,200)|
|NET CURRENT ASSETS|||||~22
80|134861|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES|||||6/62+80|6,083,081|
|CREDITORS|||||||
|Amounts
falling due after more than one year|8||||(108847)||
|NET ASSETS|||||~653,733|6083 081|
|FUNDS
Unrestricted
funds|10||||~653,733|6083081|
|TOTAL FUNDS|||||~653,733|6083 081|
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|Further explanatio|n
ofthe nature and purpose ofeach fu|nd is included
in the notes to the financial|tatements.|
|---|---|---|---|
|INVESTMENT|INCOME|31.10.22|31.10.21|
|Rents received
Deposit account|interest|54,962|49,400
8|
|||~54 962|49,408|
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|There were no|staff costs during the period. (2021:Nil)||
|---|---|---|
|INVESTMENT|PROPERTY||
|FAIR VALUE
At 1 November
Additions
Revaluation|2021|5/485220
246,245
~245
55|
|At 31 October|2022|6440 000|
|NET BOOK VALUE
At 31 October 2022||6440 000|
|At 31 October|2021|5040220|
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|INVESTM|ENT
PROPERTY - continued|||
|---|---|---|---|
|Fair value|at 31 October 2022 is represented|by:|f|
|Valuation|in 2011||807800|
|Valuation|in 2012||286400|
|Valuation|in 2013||89,000|
|Valuation|in 2014||149,000|
|Valuation|in 2015||36,700|
|Valuation|in 2016||612,500|
|Valuation|in 2017||148,000|
|Valuation|in 2019||40,000|
|Valuation|in 2021||2705000|
|Valuation|m 2022||245/35|
|Cost|||~3754
65|
||||6,445655|
##
|The Trustees co|nsidered
the|valuation
and agreed to increase the valuation
by 4.%.|||
|---|---|---|---|---|
|CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||3LI022|31.10.21|
||||f||
|Other creditors
Loan repayable|in less than|1 year|2,169
~3
~47|2/00
~200|
|CREDITORS:|AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR|31.10.22|31.10.21|
||||f||
|Other creditors|- Loan repayable
in more than I year||108,847||
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|LOANS||||
|---|---|---|---|
|An analysis ofthe maturity ofloans|is given below.|||
|||31.1022|31.10.21|
|Amounts
falling due in less than 12|months:|||
|Mortgage -Reliance Bank pic repayable
by instalments||32,638||
|Amounts
falling due in more than 12months:||||
|Mortgage- Reliance Bank repayable|by instalments|108,84'?||
|Reliance Bank pic holds a first legal|mortgage
orcharge over the freehold interest|in the property, No,l, Manor Cottages.||
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|MOVEMENT|IN FUNDS||||
|---|---|---|---|---|
||||Net||
|||At|movement|At|
|||1.11.21|in funds|31.10.22|
|||E|||
|Unrestricted
General fund|funds|6,083,081|270,652|6/53,733|
|TOTAL FUNDS||6,1183081|270 652|~653~733|
|Net movement|in funds, included
in|the above are as follows:||||
|---|---|---|---|---|---|
|||Incoming
resources|Resources
expended|Gains and
losses|Movement
in funds|
||||f.|||
|Unrestricted
General fund|funds|54,962|(29445)|245/35|270,652|
|||~54 962|29845|245
35|270 652|
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|Comparatives|for movement
in funds||||
|---|---|---|---|---|
||||Net||
|||At|movement|At|
|||1.11.20|in funds|31.10.21|
|Unrestricted
General fund|funda|5,790,389|292,692|6,083,081|
|TOTAL FUNDS||5 790389|292692|6 083 081|
|Comparative|net movement
in funds|, included
in the above are as|follows:|||
|---|---|---|---|---|---|
|||Incoming
resources|Resources
expended|Gains and
losses|Movement
funds|
|Unrestricted
General fund|funds|49,408|(26,716)|270,000|292,692|
|TOTAL FUNDS||49 408|~26 7167|270 000|292,692|
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||||31.10.22|31.10.21|
|---|---|---|---|---|
|INCOME
AND|ENDOWMENTS||||
|investment
income|||||
|Rents received|||54,962|49,400|
|Deposit account|interest|||8|
||||~54 962|~49 408|
|Total incoming|resources||54P62|49,408|
|EXPENDITURE|||||
|Investment
management
Insurance
Property
repa irs||costs|2,609
~16 076|2,246
~23 170|
||||18,685|25,416|
|Charitable
activities|||||
|Charitable donations|||5,000||
|Support costs|||||
|Governance
costs
Accountancy
and legal
Mortgage||fees|861
~599|1/00|
||||~6160|1/00|
|Total resources|expended||~29 845|~26 716|
|Net income|||~25
17|~22 692|