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|---|---|---|---|
|Company<br>Information||||
|Report ofthe Trustees||||
|Report ofthe Independent||Examiner||
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Notes to the Financial|Statements|||





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|||||Unrestricted|Total|Total||
|---|---|---|---|---|---|---|---|
|||||General|Funds|Funds||
||||Note|Funds|31,07.23|31.07.22||
|INCOME||||||||
|Investment<br>Income||||173,097|173,097|189,689||
|Other incoming<br>resources:||||||||
|Sundry income|||||||199|
|Legacy income||||250|250|||
|Total Income||||173,347|173)347|189,888||
|EXPENDITURE||||||||
|Charitable<br>activities||||147,824|147)824|169,755||
|Total Expenditure||||147,824|147,824|169,755||
|Net income for the|year before|||||||
|gains/(losses)<br>on investments||||25,523|25,523|20,|133|
|Net Gains /(Losses)on||investments||(3,910)|(3,910)|||
|Net income for the|year and net|||||||
|movement<br>in funds||||21,613|21,613|20,|133|
|Reconciliation<br>offunds:||||||||
|Total funds brought|forward|||2733 816|2,733816|2 713,683||
|Total funds carried|forward|||2 755429|2755,429|2,733,816||





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|||BALANCE<br>31st|SHEET ASAT<br>JULY 2023||||
|---|---|---|---|---|---|---|
||||31.07.23||31,07,22||
|||Notes|||||
|FIXEDASSETS:|||||||
|Tangible fixed assets||9||134||167|
|Investments —Investment|properties|10||3,350,501||3,350,501|
|—Other investments||||136,180||140,090|
|||||3,486,S15||3,490,758|
|CURRENT ASSETS:|||||||
|Debtors|||3,095||3,429||
|Cash at bank|||16,517||44,742||
||||19,612||48,171||
|CREDITORS: Amounts|falling||||||
|due within<br>one year||12|150,653||148,507||
|NET CURRENT (LIABILITIES):||||(131,041)||(100,336)|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES:||||3,355,774||3,390,422|
|CREDITORS: Amounts|falling||||||
|due after one year||13||600,345||656,606|
|TOTAL NET ASSETS||||2,755,429||2,733,816|
|RESERVES:|||||||
|General fund - Unrestricted||||2 255429||2,733,816|
|TOTAL CHARITY FUNDS||||2,755,429||2,733,816|





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|INVESTMKNT INCOME|||
|---|---|---|
||31.07.23|31.07.22|
|Investment<br>properties:|||
|Rents receivable|170,876|169,257|
|Contributions<br>received from Tenants towards property costs|2,210|20,432|
|Interest income|11||
||173,097|189,689|





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|as a result ofthe secretai<br>propeities.|y's<br>continu|ed<br>project managemen|t<br>ofthe refurbishm|ent<br>ofthe ch|arity's<br>inve|
|---|---|---|---|---|---|
|||General||||
|||Support|Governance|||
|||Costs|Costs|||
|||||Total|Total|
|||2023|2023|2023|2022|
|Legal and professional<br>Repairs and maintenance<br>Independent<br>examination<br>Insurance|costs<br>fee|6,850<br>57,038<br>8,762|5,196|6,850<br>57,038<br>5,196<br>8,762|5,723<br>98,693<br>4,662<br>8,097|
|Rates, light and heat costs<br>General office costs||9,609<br>935||9,609<br>935|11,719<br>894|
|Bank charges and loan fees<br>Bank loan interest||255<br>42,492||255<br>42,492|281<br>25,388|
|Other loan interest||3,070||3,070|2,351|
|Depreciation||33||33|42|
|Administration<br>costs||10,770||10,770|7,800|
|Sundries||314||314|105|
|||140,128|5,196|145,324|165,755|
|Governance<br>costs in 2022 amounted||to K4,662.||||



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|31.07.23|31.07,22|
|---|---|
|5,196|4,662|



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|EDASSETS|||||
|---|---|---|---|---|
||Fixtures|8r,|||
||Fittings||Total||
|Cost|||||
|At 1"August 2022||2,350|2,350||
|Additions|||||
|Disposals|||||
|At 31"July 2023||2,350|2,350||
|Depreciation|||||
|At 1"August 2022<br>Charge for year<br>At 31"July 2023||2,183<br>33<br>2,216|2,183<br>33<br>2,216||
|Net BookValues|||||
|At 31"July 2023||134||134|
|At 31"July 2022||167||167|





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|VESTMKNTS||||||
|---|---|---|---|---|---|
||Investment|Properties||Other Investments||
||2023||2022|2023|2022|
|As at 1"August 2022|3,350,501||3,350,501|140,090|140,090|
|Additions<br>in the year||||||
|Disposals<br>in the year||||||
|Revaluations||||||
|Impairment||||(3,910)||
|As at 31"July 2023|3,350,501||3,350,501|136,180|140,090|



|11.|DEBTORS:|||||
|---|---|---|---|---|---|
||AMOUNTS|FALLING DUK WITHIN ONE YEAR||||
|||||31.07.23|31.07.22|
||Prepayments|and accrued income||3,095|3,429|
|||||3,095|3,429|
|12.|CREDITORS:|||||
||AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||31.07,23|31,07.22|
||Accruals and|deferred|income|31,073|24,820|
||Other creditors|||2,500|4,613|
||Other loans|||61,551|62,351|
||Bank loans|||55,529|56,723|
|||||150,653|148,507|





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|OPERATING LEASE COMMITMKNTS RECEIVAB|LE||
|---|---|---|
||31.07.23|31.07.22|
|Not later than one year|79,835|65,360|
|Later than one year but not later than five years|176,080|241,440|
|Later than five years|||
||255,915|306,800|