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|Company
Information||||
|Report ofthe Trustees||||
|Report ofthe Independent||Examiner||
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Notes to the Financial|Statements|||
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|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||
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|||||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|
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|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|
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|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.||||
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|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|
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|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|