| Page | |||
|---|---|---|---|
| Company Information |
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| Report ofthe Trustees | |||
| Report ofthe Independent | Examiner | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | |||
| Notes to the Financial | Statements |
| DIRECTORS/TRUSTEES: | A | C | Hayllar |
|---|---|---|---|
| D | C | Osborn | |
| R | M | Horwood |
| SECRETARY: | RSGambles | |
|---|---|---|
| REGISTERED | OFFICE: | The Maltings |
| 63 High Street | ||
| Ware | ||
| Hertfordshire | ||
| SG129AD |
| CHARITY NUMBER: | 1129037 | |
|---|---|---|
| INDEPENDENTE~R: | R3 Sears FCCA | |
| Hentons | ||
| Chattered Accountants |
& Statutory Auditors | |
| Stag House | ||
| Old London Road | ||
| Hertford | ||
| Heitfordshire. | ||
| SG137LA | ||
| REGISTERED AUDITORS |
| Um estricted | Um estricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| General | Funds | Funds | |||||
| Note | Funds | 31.07.22 | 31.07.21 | ||||
| INCOME | |||||||
| Investment Income |
189,689 | 189,689 | ]39,699 | ||||
| Other inconring resources: |
|||||||
| Government grants |
875 | ||||||
| Sundry income |
199 | ||||||
| Total Income | 189 | 888 | 189888 | 148574 | |||
| EXPENDITURE | |||||||
| Charitable activities |
169,755 | 169,755 | 103,527 | ||||
| Total Expenditure | 169 | 755 | 169,755 | 753 527 | |||
| Net income for the | year before | ||||||
| gains/posses) on investments |
20, | 133 | 207133 | 37,047 | |||
| Net Gains /(Losses)on | investments | ||||||
| Net income for the | year and net | ||||||
| ruovement in funds |
20, | 133 | 20,133 | 37,047 | |||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 2713683 | 2713683 | 2676636 | |||
| Total funds carried | forward | 2 733 | 816 | 2 733~16 | 2 713683 |
| 31st | JULY 2022 | |||||
|---|---|---|---|---|---|---|
| 31.07.22 | 31.07.21 | |||||
| Notes | ||||||
| FIXEDASSETS: | ||||||
| Tangible fixed assets | 9 | 167 | 209 | |||
| Investments —Investment |
properties | 10 | 31350,501 | 3,350,501 | ||
| —Other investments | 140,090 | 140,090 | ||||
| 3,490,758 | 3,490,800 | |||||
| CURRENT ASSETS: | ||||||
| Debtors | 31429 | 3,354 | ||||
| Cash at bank | ~44 742 | ~25 887 | ||||
| 48,171 | 29,241 | |||||
| CREDITORS: Amounts | falling | |||||
| due withui one year |
12 | ~148 507 | ~93 493 | |||
| NET CURRENT (LIABILITIES)i' | (100&336) | (64,252) | ||||
| TOTAL ASSETSLESS | CURRENT | |||||
| LIABILITIES: | 3,390)422 | 3,426,548 | ||||
| CREDITORS: Amounts | falling | |||||
| due after one year | 13 | 686 686 | 712 865 | |||
| TOTAL NET ASSETS | 2733 1116 | ~2713 683 | ||||
| RESERVES: | ||||||
| General fund - Unrestricted |
2 733 1116 | ~2713 683 | ||||
| TOTAL CHARITY FUNDS | 2 733816 | 2 713683 |
| INVESTMKNT INCOME | ||||
|---|---|---|---|---|
| 31.07.22 | 31.07.21 | |||
| Investment properties: |
||||
| Rents receivable | 169/57 | 137,826 | ||
| Contributions received from Tenants towards |
property | costs | 28432 | 1873 |
| 189689 | 139699 |
| as a result o properties. |
fthe secretar | y's continu |
ed project managemen |
t ofthe refurbishm |
ent of the ch |
arity's inve |
|---|---|---|---|---|---|---|
| General | ||||||
| Support | Governance | |||||
| Costs | Costs | |||||
| Total | Total | |||||
| 2022 | 2022 | 2022 | 2021 | |||
| Legal and professional | 5,723 | 5,723 | 2,494 | |||
| Repairs and maintenance | costs | 98,693 | 98,693 | 42,802 | ||
| Independent | exammation | fee | 4,662 | 4,662 | 4,710 | |
| I nsurance |
8,097 | 8,097 | 6,561 | |||
| Rates, light and heat costs | 11,719 | 11,719 | 10,911 | |||
| General office costs | 894 | 894 | 968 | |||
| Bank charges | and loan fees | 281 | 281 | 200 | ||
| Bank loan interest | 25,388 | 25,388 | 24,079 | |||
| Other loan interest | 2,351 | 2,351 | ||||
| Depreciation | 42 | 42 | 52 | |||
| Administration | costs | 7,800 | 7,800 | 7,750 | ||
| Sundries | 105 | 105 | ||||
| 161,093 | 4,662 | 165,755 | 100,527 | |||
| Goveniance | costs in 2021 amounted | tof4,710. |
| EDASSETS | ||||
|---|---|---|---|---|
| Fixtures | dk | |||
| Fittings | Total | |||
| K | ||||
| Cost | ||||
| At I u August 2021 | 2,350 | 2,350 | ||
| Additions | ||||
| Disposals | ||||
| At 31"July 2022 | 2350 | 2 | 350 | |
| Depreciation | ||||
| At I"August 2021 | 2,141 | 2,141 | ||
| Charge for year | 42 | 42 | ||
| At 31u July 2022 | 2 | 183 | 2 | 183 |
| Net BookValues | ||||
| At 31"July 2022 | 167 | 167 | ||
| At 31u July 2021 | 209 | 209 |
| Investment | Properties | Other Investments | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |||
| As at la | August 2021 | 3,350)501 | 3,350,501 | 140,090 | 140,090 | |
| Additions | in the year | |||||
| Disposals | in the year | |||||
| Revaluations | ||||||
| 4 2 31"1 l)2022 |
3,350 501 | 3 35' 501 | 140090 | 140 090 |
| Other investments | Other investments | are | a collection ofantiques | a collection ofantiques | bequeathed | to the Charity | which the Trustees consider | which the Trustees consider | which the Trustees consider | |
|---|---|---|---|---|---|---|---|---|---|---|
| the historical | significance | classifies the collection as Art | Works and Antiques | and are included at |
||||||
| probate value. | ||||||||||
| 11. | DEBTORS: | |||||||||
| AMOUNTS | FALLING | DUK WITHIN ONK YEAR | ||||||||
| 31.07.22 | 31.07.21 | |||||||||
| Prepayments | and | accrued | income | ~3429 | ~3354 | |||||
| 3,429 | 3,354 | |||||||||
| 12. | CREDITORS: | |||||||||
| AMOUNTS | FALLING | DUK WITHIN ONK YEAR | ||||||||
| 31.07.22 | 31.07.21 | |||||||||
| f. | ||||||||||
| Accruals and |
deferred | income | 24,820 | 28,244 | ||||||
| Other creditors | 4,613 | 2,018 | ||||||||
| Other loans | 62,351 | |||||||||
| Bank loans | ~56723 | ~63 231 | ||||||||
| 148,507 | 93,493 |
| OPERATING LEASE COMMITMKNTS RECEIVAB | LE | |
|---|---|---|
| 31.07.22 | 31.07.21 | |
| g | ||
| Not later than one year | 65,360 | 65,360 |
| Later than one year but not later than five years | 241,440 | 251,440 |
| Later than five years | ~55 360 | |
| ~306 800 | 372,160 |