2022-04-05-accounts

		Page
Report ofthe Trustees	1	to	3
Report ofthe Independent Auditors	4	to	5
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Financial Statements	9	to	15
Detailed Statement of Financial Activities		16

					2022	2021
					Unrestricted	Total
					fund	funds
				Notes		8
INCOME AND ENDOWMENTS			FROM
Donations					332,500	281,250
Investment income					140144	117,444
Total					477,644	398,894
EXPENDITURE ON
Raising funds					3,190	2,558
Charitable activities
Grant making					365,429	703,215
Total					368,619	705,773
Net gains on investments					296,016	1,221,196
Unrealised gains from		investment	property	revaluation	165,000
NET INCOME					570,041	914,117
RECONCILIATION	OF FUNDS
Total funds brought		forward			7,443,761	8.529,644
TOTAL FUNDS CARRIED FORWARD					0,013,002	7,443,781

			2022	2021
			Unrestricted	Total
			fund	funds
		Notes	5	f.
FIXEDASSETS
Investments
Investments		11	5,911,450	5,615,434
Investment property		12	1,400,000	1,235,000
			7,311,450	6,650,434
CURRENT ASSETS
Debtors, amounts Cash at bank	falling due within one year	13	122,750 688776	56,250 541,541
			711,526	597,791
CREDITORS
Amounts falling due within one year		14	(9,174)	(4,464)
NET CURRENT ASSETS			702,352	593,327
TOTAL ASSETS	LESSCURRENT LIABILITIES		8,013,802	7,443,761
NET ASSETS			0,013,002	7,443.761
FUNDS		15
Unrestricted funds			8,013,802	7,443,761
TOTAL FUNDS			0.013.802	7,443,761

								2022	2021
							Notes	f	f
Cash flows from operating		activities
Cash generated from operations								(97,909)	(367,309)
Net cash (utilised in) operating				activities				~97,909)	(367,309)
Cash flows from investing		activities
interest received								11,452	12,510
Dividends received								96,093	70,012
Rental income								35,599	34,922
Net cash generated by/(utilised				in) investing			activities	145,144	(117,444)
								145,144	(114,444)
Change in cash and cash		equivalents				in
the reporting period								47,235	(249,864)
Cash and cash equivalents			at the
beginning ofthe reporting		period						541,541	791,406
Cash and cash equivalents			at the end			of
the reporting period								586,776	541,541
RECONCILIATION		OF		NET (EXPENDITURE)/INCOME				TO NET CASH FLOW FROM OPERATING
ACTIVITIES
								2022f	202'I f
Net income for the		reporting			period			570,041	914,117
Adjustments for:
(Gain)/loss on investments								(296,016)	1,221,196
(Gain) on revaluations								(165,000)
Dividends received								(145,144)	(117,444)
Decrease in debtors								(66,500)	58,250
Increase in creditors								4,710	964
Net cash (utilised	in)		operations					~97~909	(367,309)

DONATIONS
			2022	202'I
			f	f
Donations			266,000	225,000
Gift aid			66,500	56,250
			332500	251.250
INVESTMENT INCOME
			2022	2021
				f
Portfolio dividends	and gross interest		98,093	70,012
Portfolio and investment		bond net interest	11,452	12,510
Rental income			35599	34,922
			145,144	117,444

5.	RAISING FUNDS	RAISING FUNDS	RAISING FUNDS
	Raising donations			and legacies			2022	2021
							8	8
	Management charges						~3190	2,558
6.	CHARITABLE	ACTIVITIES COSTS
						Grant funding
						ofactivities	Support costs
						(see note 7) f	(see note 8) 8	Totals 8
	Grant making					360,200	5,229	365,429
7.	GRANTS PAYABLE
							2022 8	2021f
	Grant making						360,200	690,200
	Grants payable		in the		year:
							E
	Woodland Trust						30,200
	Hitchin Scouts	Council					10,000
	Lifelites						5,000
	The Children's	Trust					50,000
	StJohns Ambulance						5,000
	Alzheimer's Research				UK		50,000
	Essex and Herts		Air	Ambulance			15,000
	Action for River		Kennett				15,000
	Royal Marsden						50,000
	Asthma UK						30,000
	Soundabout						5,000
	The Stroke Association						10,000
	The Garden House			Hospice			50,000
	Versus Arthritis						30,000
	DEC Ukraine						5 OQQ
							360,200
6.	SUPPORT COSTS
							Governance
						Finance	costs	Totals
						8	8	8
	Grant making					519	4,710	5,229

Support	costs, included	costs, included	in the above, are as follows;
				2022	2021
				Grant	Total
				making	activities
				9	6
Bank charges Auditors' remuneration				519 4,710	549 4,282
Accountancy		and legal	fees		8 184
				5,229	13,015

COMPARATIVES FO	R THE ST	ATEMENT OF FINANCIAL ACTIVITI	ES
			tinrestricted
			fund
INCOME AND ENDOWMENTS		FROM
Donations and legacies			281,250
Investment income			117,444
Total			398,694
EXPENDITURE ON
Raising funds			2,558
Charitable activities
Grant making			703,215
Total			705,773
Net gains on investments			1,221,196
NET EXPENDITURE			914,117
RECONCILIATION OF FUNDS
Total funds brought	forward		6,529,644
TOTAL FUNDS CARRIED FORWARD			7.443.761

FIXEDASSET INVESTM	ENTS
			Listed
			investments
			6
MARKET VALUE
At 6 April 2021			5,615,434
Additions			846,950
Disposais			(846,950)
Revaluations			296,016
At 5 April 2022			5,911,450
NET BOOK VALUE
At 5 April 2022			5911400
At 5 April 2021			5,615,434
There were no investment	assets outside the lJK.
		2022	2021
		6	E
Historical cost at 5 April		3,900,205	4.394.230
Investments at market value compnse:
		2022
		6
Equity		3,193,373
Fixed income		495,968
Alternative		1,315,560
Hybrid		14,206
StJames's Place Unit Trust		254,237
Cash		634,981
To be classified		3120
		591145D

INVESTMENT PROPERTY
FAIR VALUE
At 6 April 2021	1,235,000
Additions
Revaluation	165,000
At 5April 2022	1 400,00D
At 5 April 2022
NET BOOK VALUE
At 5 April 2022	1,400,000
At 6 April 2021	1,235,000

13.	DEBTORS: A	MOUNTS	F	ALL	ING	DUE WITHIN ONE YEAR
									2022	2021
									E	E
	Prepayments	and accrued		income					122,750	56,250
14.	CREDITORS:	AMOUNTS		FALLING DUE WITHIN ONE YEAR
									2022	2021
										E
	Other creditors								9,174	4,464
15.	MOVEMENT	IN FUNDS
									Net
									movement	At
							At 6.4.2	I	in funds	5.4.22
							f		f	f
	Unrestricted	funds
	General fund						7,443,761		570,041	8,013,802
	TOTALFUNDS						7,443,761		570,041	8,013,802
	Net movement	in funds,	included			in the above are as follows:
						Incoming	Resources		Gains and	Movement
						resources f	expended f		losses	in funds E
	Unrestricted	funds
	General fund					477,644	(368,618)		461,016	570,041
	TOTAL FUNDS					477,644	~368,618)		461,016	570,041
	Comparatives	for movement			in	funds
									Net
									movement	At
							At 6.4 20		in funds	5.4.21
							f		f	f
	Unrestricted	funds
	General fund						5,529,644		914HI'l7	7,443,761
	TOTALFUNDS						6,629,644		914117	7443761

Compara	tive	net movement in funds	, included in the above are a	s follows:
			incoming	Resources	Gains and	Movement
			resources f	expended	losses f	in funds 2
Unrestricted		funds
General	fund		398,694	(705,773)	1,221,196	914,117
TOTAL	FUNDS		398,694	~705,773)	1,221,196	914,117

				2022	2021
				6	2
INCOME AND ENDOWMENTS
Donations and legacies
Gifts				266,000	225,000
Donations and gi6 aid				66,500	58,250
				332,500	281,250
Investment income
Investment income				145,144	117,444
Total incoming resources				477,644	398,894
EXPENDITURE
Raising donations and legacies
Management charges				3,190	2,558
Charitable activities
Grants to individuals				360,200	690,200
Support costs
Finance
Bank charges				519	549
Governance costs
Auditor's remuneration				4,710	4,282
Accountancy and legal fees					8,184
				5,229	13,015
Total resources expended				369,619	705,773
Net income/(losses)	before gains and losses			109,025	(307,079)
Realised recognised	gains and	losses
Realised gains/losses	on fixed asset investments			296,016	1,221,196
Unrealised gains from	investment	property	revaluation	165,000
Net income				570,041	914,117