| Trustees | J H Shippam | ||||
|---|---|---|---|---|---|
| M P Taylor | |||||
| R L Garvey | |||||
| SStevens | |||||
| Secretary | WE Dent | ||||
| Charity number | 1123356 | ||||
| Company | number | 05995956 | |||
| Registered | oNce | The Bassil Shipparn | 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 | |||||
| Chich ester | |||||
| 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 | ||||
| 2023 | 2022 | ||||
| Notes | f. | ||||
| Income and endowments | from: | ||||
| Voluntary income |
6,506 | 4,413 | |||
| Charitable activities |
245 | 290 | |||
| Other trading activities |
40,817 | 32,403 | |||
| Investments | 1,137 | 953 | |||
| Other income | 21,424 | ||||
| Total income | 48,705 | 59,483 | |||
| Ex enditure on: | |||||
| Raising funds | 44,239 | 41,138 | |||
| Charitable activities |
23,135 | 21,575 | |||
| Total expenditure | 67,374 | 62,713 | |||
| Net gains/(losses) | on investments | 13 | (8,446) | 4,283 | |
| Net movement in |
funds | (27,115) | 1,053 | ||
| Fund balances at 1 April 2022 | 1,266,001 | 1,264,948 | |||
| Fund balances at | 31 March | 2023 | 1,238,886 | 1,266,001 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | |||||||
| Fixed assets | |||||||
| Tangible assets | 15 | 984,840 | 985,896 | ||||
| Investments | 16 | 235,460 | 245,229 | ||||
| 1,220,300 | 1,231,125 | ||||||
| Current assets | |||||||
| Debtors | 18 | 5,590 | 7,032 | ||||
| Cash at bank and | in | hand | 16,677 | 31,592 | |||
| 22,267 | 38,624 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | 19 | (3,681) | (3,748) | ||||
| Net current assets | 18,586 | 34,876 | |||||
| Total assets less | current liabilities | 1,238,886 | 1,266,001 | ||||
| Income funds | |||||||
| Unrestricted funds |
|||||||
| General unrestricted | funds | 260,029 | 287,144 | ||||
| Revaluation reserve |
978,857 | 978,857 | |||||
| 1,238,886 | 1,266,001 | ||||||
| 1,238,886 | 1,266,001 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Membership | joining | fees | 8 | subscriptions | 245 | 290 |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2023 | 2022f | |
| Funds raised from lettings | 40,817 | 32,403 |
| Investments | ||
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2023 | 2022f | |
| Income from listed investments | 1,100 | 953 |
| Interest receivable | 37 | |
| 1,137 | 953 |
| Total | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | |||||
| 2023 | 2022 | ||||
| Coronavirus | Job | Retention | Scheme grants | 2,757 | |
| Other Coronavirus | grants | 18,667 | |||
| 21,424 |
| Unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2023 | 2022 | |||||
| Mana ementoflettin |
s | |||||
| Advertising | 30 | |||||
| Other fundraising | costs | 29,529 | 27,190 | |||
| Staff costs | 11,464 | 10,619 | ||||
| Depreciation | and | impairment | 792 | 932 | ||
| Management | of lettings | 41,815 | 38,741 | |||
| Investment | mana | ement | 2,424 | 2,397 | ||
| 44,239 | 41,138 | |||||
| 9 | Charitable | activities |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Staff costs | 9,973 | 9,821 | |||
| Depreciation | and impairment | 264 | 311 | ||
| Meeting refreshments | and entertainment | 1,824 | 1,177 | ||
| Water rates | and rubbish | collection | 486 | 248 | |
| Insurance | 1,475 | 1,370 | |||
| Light and heat | 1,413 | 1,025 | |||
| Cleaning | 1,707 | 1,659 | |||
| Repairs and | maintenance | 1,311 | 1,110 | ||
| Printing, postage and |
stationary | 87 | 96 | ||
| Telephone | 157 | 145 | |||
| Licenses | 45 | 461 | |||
| Gardening | 210 | 188 | |||
| Sundry expenses | 32 | ||||
| Bookkeeping | and accountancy | 2,952 | 2,731 | ||
| 21,904 | 20,374 | ||||
| Share ofgovernance | costs (see note 10) | 1,231 | 1,201 | ||
| 23,135 | 21,575 |
| Support | costs | ||||
|---|---|---|---|---|---|
| Support | Governance | 2023 | 2022 | ||
| costs | costs | ||||
| f | |||||
| Audit fees Legal and |
professional | 1,218 13 |
1,218 13 |
1,188 13 |
|
| 1,231 | 1,231 | 1,201 | |||
| Analysed | between | ||||
| Charitable | activities | 1,231 | 1,231 | 1,201 |
| The average | monthly number ofemployees during t |
he year was: | |
|---|---|---|---|
| 2023 | 2022 | ||
| Number | Number | ||
| Employment | costs | 2023 | 2022 |
| Wages and salaries | 30,900 | 28,794 | |
| Other pension | costs | 463 | 413 |
| 31,363 | 29,207 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| E | ||||
| Revaluation Gain/(loss) |
of on |
investments sale of investments |
(8,466) 20 |
4,263 20 |
| (8,446) | 4,283 |
| Tangible fix | ed asset | s | |||
|---|---|---|---|---|---|
| Freehold land |
Fixtures, | Total | |||
| and buildings | fittings & | ||||
| equipment | |||||
| Cost | |||||
| At 1 April 2022 | 978,857 | 26,679 | 1,005,536 | ||
| At 31 March | 2023 | 978,857 | 26,679 | 1,005,536 | |
| Depreciation | and impairment | ||||
| At 1 April 2022 | 19,640 | 19,640 | |||
| Depreciation | charged | in the year | 1,056 | 1,056 | |
| At 31 March | 2023 | 20,696 | 20,696 | ||
| Carrying amount |
|||||
| At 31 March | 2023 | 978,857 | 5,983 | 984,840 | |
| At 31 March | 2022 | 978,857 | 7,039 | 985,896 |
| Old Mutual | ||
|---|---|---|
| Wealth | ||
| E | ||
| Cost or valuation | ||
| At 1 April 2022 | 245,229 | |
| Additions | 1,100 | |
| Valuation changes |
(5,448) | |
| Disposals at carrying | value | (5,421) |
| At 31 March 2023 | 235,460 | |
| Carrying amount |
||
| At 31 March 2023 | 235,460 | |
| At 31 March 2022 | 245,229 |
| 17 | Financial instruments |
Financial instruments |
2023 | 2022 | |
|---|---|---|---|---|---|
| Carrying amount of |
financial assets | ||||
| Instruments measured |
at fair value through | profit or loss | 235,460 | 245,229 | |
| 18 | Debtors | ||||
| 2023 | 2022 | ||||
| Amounts falling due |
within one year: | ||||
| Trade debtors | 693 | 1,164 | |||
| Prepayments and accrued income |
4,897 | 5,868 | |||
| 5,590 | 7,032 | ||||
| 19 | Creditors: amounts | falling due within one year | |||
| 2023 | 2022 | ||||
| Other taxation and social security | 507 | ||||
| Trade creditors | 1,094 | 1,893 | |||
| Other creditors | 570 | 553 | |||
| Accruals and deferred | income | 1,510 | 1,302 | ||
| 3,681 | 3,748 |