| Trustees | J H Shippam | ||||
|---|---|---|---|---|---|
| M P Taylor | |||||
| R L Garvey | |||||
| SStevens | |||||
| Secretary | W E Dent | ||||
| Charity number | 1123356 | ||||
| Company | number | 05995956 | |||
| Registered | office | The Bassil Shippam | Centre | ||
| Tozer Way | |||||
| St Pancras | |||||
| Chichester | |||||
| West Sussex | |||||
| PO19 7LG | |||||
| Independent | examiner | David Knight | FCA CTA | ||
| Jones Avens | Limited | ||||
| Piper House | 4 Dukes Court | ||||
| Bognor Road | |||||
| Chichester | |||||
| West Sussex | |||||
| PO19 8FX | |||||
| Bankers | Barclays Bank pic | ||||
| 74/75 East Street | |||||
| Chichester | |||||
| West Sussex | |||||
| PO19 1HT | |||||
| Investment | advisors | IEP Financial | |||
| 119Church | Road | ||||
| Hove | |||||
| East Sussex | |||||
| BN3 2AF |
| Page | |||
|---|---|---|---|
| Trustees' report |
1-2 | ||
| Independent examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 6-13 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| Notes | f | F | ||
| Voluntary income |
4,413 | 3,788 | ||
| Charitable activities |
290 | 15 | ||
| Other trading activities Investments |
32,403 953 |
6,305 1,319 |
||
| Other income | 21,424 | 55,565 | ||
| Total income | 59,483 | 66,992 | ||
| Raising funds | 41,138 | 36,241 | ||
| Charitable activities |
21,575 | 18,962 | ||
| Total expenditure | 62,713 | 55,203 | ||
| Net gains/(losses) | on investments | 13 | 4,283 | 44,946 |
| Net movement in |
funds | 1,053 | 56,735 | |
| Fund balances at 1 April 2021 | 1,264,948 | 1,208,213 | ||
| Fund balances at | 31 March 2022 | 1,266,001 | 1,264,948 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | f | f | |||||||
| Fixed assets | |||||||||
| Tangible | assets | 14 | 985,896 | 987,139 | |||||
| Investments | 15 | 245,229 | 242,596 | ||||||
| 1,231,125 | 1,229,735 | ||||||||
| Current | assets | ||||||||
| Debtors | 17 | 7,032 | 6,399 | ||||||
| Cash at | bank | and | in | hand | 31,592 | 32,684 | |||
| 38,624 | 39,083 | ||||||||
| Creditors: amounts | falling due within | ||||||||
| one year | (3,748) | (3,870) | |||||||
| Net current assets | 34,876 | 35,213 | |||||||
| Total assets less | current liabilities | 1,266,001 | 1,264,948 | ||||||
| Income | funds | ||||||||
| r' | n | ||||||||
| General | unrestricted | funds | 287,144 | 286,091 | |||||
| Revaluation reserve |
978,857 | 978,857 | |||||||
| 1,266,001 | 1,264,948 | ||||||||
| 1,266,001 | 1,264,948 |
| 2022 | 2021 |
|---|---|
| F | |
| 290 | 15 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2021 | ||||
| F | |||||
| Funds | raised | from | lettings | 32,403 | 6,305 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| Income | from listed investments | 953 | 1,313 |
| Interest | receivable | 6 | |
| 953 | 1,319 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| Coronavirus | Job | Retention Scheme grants | 2,757 | 15,750 |
| Other Coronavirus | grants | 18,667 | 39,815 | |
| 21,424 | 55,565 |
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2022 | 2021 | ||||||
| f | E | ||||||
| Mana ment of lettin |
s | ||||||
| Other fundraising | costs | 27,190 | 22,137 | ||||
| Staff costs | 10,619 | 10,619 | |||||
| Depreciation | and | impairment | 932 | 1,096 | |||
| Management | of lettings | 38,741 | 33,852 | ||||
| v tm nt |
m | nt | 2,397 | 2,389 | |||
| 41,138 | 36,241 | ||||||
| Charitable | activities | ||||||
| 2022 f |
2021f | ||||||
| Staff costs | 9,821 | 9,821 | |||||
| Depreciation | and | impairment | 311 | 365 | |||
| Meeting refreshments | and entertainment | 1,177 | 231 | ||||
| Water rates | and rubbish | collection | 248 | 148 | |||
| Insurance | 1,370 | 1,041 | |||||
| Light and heat | 1,025 | 657 | |||||
| Cleaning | 1,659 | 1,645 | |||||
| Repairs and | maintenance | 1,110 | 713 | ||||
| Printing, postage |
and | stationary | 96 | 104 | |||
| Telephone | 145 | 146 | |||||
| Licenses | 461 | 9 | |||||
| Gardening | 188 | 181 | |||||
| Sundry expenses | 32 | 5 | |||||
| Bookkeeping | and | accountancy | 2,731 | 2,731 | |||
| 20,374 | 17,797 | ||||||
| Share ofgovernance | costs (see note 10) | 1,201 | 1,165 | ||||
| 21,575 | 18,962 |
| 9 | Mana ment of lettin s Other fundraising costs Staff costs Depreciation and impairment Management of lettings v tm nt m nt Charitable activities |
|---|---|
| 10 | Support costs | Support costs | ||||||
|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2022Support costs | Governance | 2021 | ||||
| costs | costs | costs | ||||||
| E | E | E | E | |||||
| Audit fees | 1,188 | 1,188 | 1,152 | 1,152 | ||||
| Legal and | professional | 13 | 13 | 13 | 13 | |||
| 1,201 | 1,201 | 1,165 | 1,165 | |||||
| Analysed | between | |||||||
| Charitable | activities | 1,201 | 1,201 | 1,165 | 1,165 |
| The average | monthly number ofemployees during t |
he year was: | |
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| Employment | costs | 2022 | 2021 |
| Wages and salaries | 30,900 | 28,794 | |
| Other pension costs | 463 | 413 | |
| 31,363 | 29,207 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| F | ||||
| Revaluation | of | investments | 4,263 | 44,719 |
| Gain/(loss) | on | sale of investments | 20 | 227 |
| 4,283 | 44,946 |
| Tangible fix | ed asset | s | ||||
|---|---|---|---|---|---|---|
| Freehold | land | Fixtures, | Total | |||
| and buildings | fittings & |
|||||
| equipment | ||||||
| f | ||||||
| Cost | ||||||
| At 1 April 2021 | 978,857 | 26,679 | 1,005,536 | |||
| At 31 March | 2022 | 978,857 | 26,679 | 1,005,536 | ||
| Depreciation | and impairment | |||||
| At 1 April 2021 | 18,397 | 18,397 | ||||
| Depreciation | charged | in the year | 1,243 | 1,243 | ||
| At 31 March | 2022 | 19,640 | 19,640 | |||
| Carrying amount |
||||||
| At 31 March | 2022 | 978,857 | 7,039 | 985,896 | ||
| At 31 March | 2021 | 978,857 | 8,282 | 987,139 |
| Old Mutual | ||||||
|---|---|---|---|---|---|---|
| Wealthf | ||||||
| Cost or valuation | ||||||
| At 1 April | 2021 | 242,596 | ||||
| Additions | 953 | |||||
| Valuation | changes | 6,502 | ||||
| Disposals | at carrying | value | (4,822) | |||
| At 31 March 2022 | 245,229 | |||||
| Carrying | amount | |||||
| At 31 March 2022 | 245,229 | |||||
| At 31 March 2021 | 242,596 | |||||
| 16 | Financial | instruments | 2022 | 2021 | ||
| Carrying amount of |
financial assets | |||||
| Instruments | measured | at fair value through | profit or loss | 245,229 | 242,596 |
| 17 | Debtors | ||||
|---|---|---|---|---|---|
| Amounts falling due |
within one year: | 2022 | 2021 | ||
| Trade debtors Prepayments |
and accrued income | 1,164 5,868 |
719 5,680 |
||
| 7,032 | 6,399 | ||||
| 18 | Creditors: amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| F | |||||
| Trade creditors Other creditors Accruals and deferred |
income | 1,893 553 1,302 |
1,740 618 1,512 |
||
| 3,748 | 3,870 |