##
##
##
|||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|