2023-12-31-accounts - The John Lambert Charities, Shepshed

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Independent	Examiner
Niall Kingsley	FCA
Duncan gt Toplis Limited
3 Princes Court
Royal Way
Loughborough
Leicestershire
LE11SXR

					2023	2022
					Unrestricted	Total
					funds	funds
				Notes	E	E
INCOME AND ENDOWMENTS			FROM
Investments					58,474	53,955
Other income						134
Total					58,474	54,089
EXPENDITURE ON
Charitable activities
Property Expenses					23,797	21,095
Other Expenses					5,133	3,794
Grants paid					7,750	6,300
Total					36,680	31,189
Net gains/(losses)	on investments				138,608	(617)
NET INCOME					160,402	22,283
RECONCILIATION	OF FUNDS
Total funds brought		forward			1,041,505	1,019,222
TOTAL FUNDS CARRIED FORWARD					1,201,907	1,041,505

					2023	2022
					Unrestricted	Total
					funds	funds
				Notes	f	f
FIXEDASSETS
Investments
Investments				9	18,498	17,008
Investment	property			10	1,042,750	905,000
					1,061,248	922,008
CURRENT ASSETS
Debtors					2,374	2,384
Cash at bank					141,357	118,937
					143,731	121,321
CREDITORS
Amounts falling due within one year				12	(3,072)	(1,824)
NET CURRENT		ASSETS			140,659	119,497
TOTAL ASSETS LESSCURRENT LIABILITIES					1,201,907	1,041,505
NET ASSETS					1,201,907	1,041,505
FUNDS				13
Unrestricted	funds:
Unrestricted-		General	fund		925,145	903,743
Designated-		Education	Fund		9,464	9,414
Designated-Necessitous			Fund		6,548	5,348
Fair Value	reserve				260,750	123,000
					1,201,907	1,041,505
TOTAL FUNDS					1,201,907	1,041,505

			2023	2022
			f	f
Rents received			56,730	53,350
Deposit account interest			1,127
Income from	Listed investments		617
			58,474	53,955
GRANTS PAYABLE
			2023	2022
			f	f
Grants paid			7,750	6,300
The total grants paid to institutions		during the year was as follows:
			2023	2022
			f	f
Necessitous	Fund		1,100	1,200

	The total g	rants paid to individuals during the	year was as follows:
				2023	2022
				f	f
	Education	Fund		5,950	4,500
	Necessitous	Fund		700	600
				6,650	5,100
5.	SUPPORT COSTS
				Governance
			Management	costs	Totals
			f	f	f
	Property Expenses		23,797		23,797
	Other Expenses		3,153	1,980	5,133
			26,950	1,980	28,930

	Management
								2023	2022
				Property		Other		Total	Total
				Expenses f		Expenses f		activities f	activities f
	Rates and water				849			849	488
	Insurance			2,344				2,344	2,234
	Postage and	stationery					166	166	276
	Agents costs			7,036				7,036	8,114
	Repairs and	maintenance		13,568			7	13,575	10,259
	Clerks honorarium					1,400		1,400	1,250
	Office cleaning						520	520	470
	Legal 8 professional					1,060		1,060
				23,797		3,153		26,950	23,091
	Governance	costs
								2023	2022
								Other	Total
								Expenses	activities
								f	f
	Independent	examiner's	remuneration					1,980	1,798
6.	INDEPENDENT EXAMINERS' REMUNERATION
								2023	2022
								f	f
	Independent	examination						1,980	1,798

			Investments
			f.
MARKET VALUE
At 1January 2023			17,008
Additions			632
Revaluations			858
At 31December 2023			18,498
NET BOOK VALUE
At 31December 2023			18,498
At 31December 2022			17,008
There were no investment	assets outside the UK.
Cost or valuation at 31December 2023 is represented		by:
			Investments
			f
Valuation in 2023			18,498

FAIR VALUE
At 1January 2023	905,000
Revaluation	137,750
At 31December 2023	1,042,750
NET BOOK VALUE
At 31December 2023	1,042,750
At 31December 2022	905,000

							Opening	Closing
							Valuation	Valuation
	Properties at Shepshed,		Leics				f	f
	2 Belton Street 4 Belton Street 658Belton Street 10Belton Street 12Belton Street 14Belton Street 16Betton Street 18Belton Street 20 Belton Street 2/4 Britannia Street						85,000 85,000 90,000 77,500 92,500 95,000 85,000 85,000 85,000 125,000	97,500 97,500 102,500 101,500 103,750 107,500 97,500 97,500 97,500 140,000
							905,000	1,042,750
	Fair value at 31 December 2023 is represented			by:				f
	Valuation in 2023							1,042,750
11.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR					2023	2022
							f	f
	Other debtors						2,178 196	2,197 187
	Prepayments
							2,374	2,384
12.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR				2023	2022
							f	f
	Other creditors Accrued expenses						1,060 2,012	1,824
							3,072	1,824
13.	MOVEMENT IN FUNDS					Net	Transfers
						movement	between	At
					At 1.1.23 f	in funds f	funds f	31.12.23 f
	Unrestricted funds Unrestricted- General Designated- Education Designated-Necessitous Fair Value reserve		fund Fund Fund		903,743 9,414 5,348 123,000	30,402 (5,950) (1,800) 137,750	(9,000) 6,000 3,000	925,145 9,464 6,548 260,750
					1,041,505	160,402		1,201,907
	TOTAL FUNDS				1,041,505	160,402		1,201,907

Net movement in funds,	d in the above ar	e as follows:
		Incoming resources f	Resources expended f	Gains and losses f	Movement in funds f
Unrestricted funds Unrestricted- General fund Designated- Education Fund Designated-Necessitous Fund		58,474	(28,930) (5,950) (1,800)	858 137,750	30,402 (5,950) (1,800) 137,750
Fair Value reserve
		58,474	(36,680)	138,608	160,402
TOTAL FUNDS		58,474	(36,680)	138,608	160,402
Comparatives for movement	in funds
			Net	Transfers
			movement	between	At
		At 1.1.22 f	in funds f	funds f	31.12.22 f
Unrestricted funds Unrestricted- General fund Designated- Education Fund Designated-Necessitous Fund Designated- Repair Fund Fair Value reserve		878,570 9,914 5,148 2,590 123,000	31,173 (4,500) (1,800) (2,590)	(6,000) 4,000 2,000	903,743 9,414 5,348 123,000
		1,019,222	22,283		1,041,505
TOTAL FUNDS		1,019,222	22,283		1,041,505

Comparative net move	d in the above are as oow	:
	Incoming resources f	Resources expended f	Gains and losses f	Movement in funds f
Unrestricted funds Unrestricted- General fund Designated- Education Fund Designated-Necessitous Fund Designated- Repair Fund	54,089	(22,299) (4,500) (1,800) (2,590)	(617)	31,173 (4,500) (1,800) (2,590)
	54,089	(31,189)	(617)	22,283
	54,089	(31,189)	(617)	22,283

The incomes, expenses, ollows:	net	gains an	d net	losses attributable to the charity's fin	ancial instruments are su	mmarse
					2023	2022
					f	f
Net gains and losses (including		changes	in fair	value)
Financial assets measured	at	fair value	through	net income/expenditure	858	(617)

Education Fund Grants	Education Fund Grants
Individuals
26/09/2023	Bethaney Stephens			350
22/09/2023	Alice Phelps			350
25/09/2023	Ella Monk			350
27/09/2023	Rhianne Lukavec			350
28/09/2023	Scarlett Robinson			350
03/10/2023	Sophie Watson			350
25/08/2023	Liam Cunningham			350
21/09/2023	Jon Luke Walker			350
26/09/2023	Scott Moss			350
11/10/2023	Charlotte Young			350
21/09/2023	Lydia Bird			350
26/09/2023	Amy Dadley			350
30/11/2023	Chloe Davie			350
24/10/2023	Helena Mayfield			350
14/11/2023	Amy Whitmore			350
21/12/2023	Lauren Selby			350
19/12/2023	Charlotte Jacques			350
Necessitous	Fund Grants
Institutions
22/12/2023	Act 1			300
21/12/2023	Shepshed Toy Library			500
				8QQ
Individuals
10/10/2023	Katie Kerr-Preston			350
19/12/2023	Thomas Jacques			350
The following	grants were approved	and paid, and were unpresented	on
the bank at the year-end:
Institutions
19/01/2024	2"'Shepshed Girls Brigade			300