| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 13 |
| Detailed Statement of Financial Activities | 14 to 15 |
FOR THE YEAR ENDED 5 APRIL 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 10,000 | ||
| Investment income | 2 | 84,610 | 173,632 |
| Other income | 195 | 161 | |
| Total | 84,805 | 183,793 | |
| EXPENDITURE ON | |||
| Raising funds | 3 | 10,134 | 11,845 |
| Charitable activities | |||
| Payments | 72,332 | 46,047 | |
| Other | 107,572 | 14,416 | |
| Total | 190,038 | 72,308 | |
| Net gains/(losses) on investments | 2,227,014 | (71,015) | |
| NET INCOME | 2,121,781 | 40,470 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 1,861,312 | 1,820,842 | |
| TOTAL FUNDS CARRIED FORWARD | 3,983,093 | 1,861,312 |
| BALANCE SHEET 5 APRIL 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | |||
| FIXED ASSETS | |||
| Investments | |||
| Investments | 6 | 263,430 | 272,477 |
| Investment property | 7 | 1,280,900 | |
| 263,430 | 1,553,377 | ||
| CURRENT ASSETS | |||
| Debtors | 8 | 33,307 | 84,280 |
| Cash at bank | 3,717,856 | 261,030 | |
| 3,751,163 | 345,310 | ||
| CREDITORS | |||
| Amounts falling due within one year | 9 | (31,500) | (37,375) |
| NET CURRENT ASSETS | 3,719,663 | 307,935 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 3,983,093 | 1,861,312 | |
| NET ASSETS | 3,983,093 | 1,861,312 | |
| FUNDS | 11 | ||
| Unrestricted funds | 3,983,093 | 1,861,312 | |
| TOTAL FUNDS | 3,983,093 | 1,861,312 |
| INVESTMENT INCOME | |
|---|---|
| 2022 2021 |
|
| Rents received | 63,810 156,795 |
| Other fixed asset invest - Eli | 16,866 13,059 |
| Other fixed asset inv - UnFll | 3,393 3,213 |
| Deposit account interest | 541565 |
| 84,610 173,632 |
|
| RAISING FUNDS | |
| Investment management costs | |
| 2022 2021 |
|
| Portfolio management | 8,214 11,845 |
| Property repairs | 1,920 |
| 10,134 11,845 |
| Unrestricted | |
|---|---|
| funds | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 10,000 |
| Investment income | 173,632 |
| Other income | 161 |
| Total | 183,793 |
| EXPENDITURE ON | |
| Raising funds | 11,845 |
| Charitable activities | |
| Payments | 46,047 |
| Other | 14,416 |
| Total | 72,308 |
| Unrestricted | |
|---|---|
| funds | |
| Net gains/(losses) on investments | (71,015) |
| NET INCOME | 40,470 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 1,820,842 |
| TOTAL FUNDS CARRIED FORWARD | 1,861,312 |
| 6. FIXED ASSET INVESTMENTS |
|
| Listed | |
| investments | |
| MARKET VALUE | |
| At 6 April 2021 | 272,477 |
| Additions | 3,333 |
| Revaluations | (12,380) |
| At 5 April 2022 | 263,430 |
| NET BOOK VALUE | |
| At 5 April 2022 | 263,430 |
| At 5 April 2021 | 272,477 |
| There were no investment assets outside the UK. | |
| Cost or valuation at 5 April 2022 is represented by: | |
| Listed | |
| investments | |
| Valuation in 2021 | 272,477 |
| FOR | THE YEAR ENDED 5 APRIL 2022 | ||
|---|---|---|---|
| 7. | INVESTMENT PROPERTY | ||
| FAIR VALUE | |||
| At 6 April 2021 | 1,280,900 | ||
| Disposals | (1,280,900) | ||
| At 5 April 2022 | |||
| NET BOOK VALUE | |||
| At 5 April 2022 | |||
| At 5 April 2021 | 1,280,900 | ||
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 2021 |
|||
| Other debtors | 33,307 84,280 |
||
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2022 2021 |
|||
| Bank loans and overdrafts (see note 10) | 30,900 30,900 |
||
| Other creditors | 5,875 | ||
| Accrued expenses | 600600 | ||
| 31,500 37,375 |
|||
| 10. | LOANS | ||
| An analysis of the maturity of loans is given below: | |||
| 2022 2021 |
|||
| Amounts falling due within one year on demand: | |||
| Bank overdrafts | 30,900 30,900 |
||
| 11. | MOVEMENT IN FUNDS | ||
| Net | |||
| movement At |
|||
| At | 6.4.21 in funds 5.4.22 |
||
| Unrestricted funds | |||
| General fund | 611,312 2,121,781 2,733,093 |
||
| Designated fund | 1,250,000 1,250,000 |
||
| 1,861,312 2,121,781 3,983,093 |
|||
| TOTAL FUNDS | 1,861,312 2,121,781 3,983,093 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| Unrestricted funds | ||||
| General fund | 84,805 | (190,038) | 2,227,014 | 2,121,781 |
| TOTAL FUNDS | 84,805 | (190,038) | 2,227,014 | 2,121,781 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 6.4.20 | in funds | 5.4.21 | |
| Unrestricted funds | |||
| General fund | 570,842 | 40,470 | 611,312 |
| Designated fund | 1,250,000 | 1,250,000 | |
| 1,820,842 | 40,470 | 1,861,312 | |
| TOTAL FUNDS | 1,820,842 | 40,470 | 1,861,312 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| Unrestricted funds | ||||
| General fund | 183,793 | (72,308) | (71,015) | 40,470 |
| TOTAL FUNDS | 183,793 | (72,308) | (71,015) | 40,470 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 6.4.20 | in funds | 5.4.22 | |
| Unrestricted funds | |||
| General fund | 570,842 | 2,162,251 | 2,733,093 |
| Designated fund | 1,250,000 | 1,250,000 | |
| 1,820,842 | 2,162,251 | 3,983,093 | |
| TOTAL FUNDS | 1,820,842 | 2,162,251 | 3,983,093 |
above are as follows: |
||||
|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 268,598 | (262,346) | 2,155,999 | 2,162,251 |
| TOTAL FUNDS | 268,598 | (262,346) | 2,155,999 | 2,162,251 |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Grants | 10,000 | |
| Investment income | ||
| Rents received | 63,810 | 156,795 |
| Other fixed asset invest-Fl I | 16,866 | 13,059 |
| Other fixed asset inv - UnFll | 3,393 | 3,213 |
| Deposit account interest | 541 | 565 |
| 84,610 | 173,632 | |
| Other income | ||
| Royalty payment | 195 | 161 |
| Total incoming resources | 84,805 | 183,793 |
| EXPENDITURE | ||
| Investment management costs | ||
| Portfolio management | 8,214 | 11,845 |
| Property repairs | 1,920 | - |
| 10,134 | 11,845 | |
| Charitable activities | ||
| Rates and water | 53,595 | |
| Light and heat | 12,896 | - |
| Sundries | 110 | |
| Property repairs | 5,841 | |
| Grants to institutions | 45,924 | |
| 72,332 | 46,034 | |
| Other | ||
| Legal fees | 106,411 | 13,325 |
| Independent examiners fee | 1,050 | 1,020 |
| Bank charges | 98 | 71 |
| 107,559 | 14,416 | |
| Support costs | ||
| Management | ||
| Sundries | 13 | 13 |
| Total resources expended | 190,038 | 72,308 |
| Net (expenditure)/income before gains | ||
| and losses | (105,233) | 111,485 |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Realised recognised gains and losses | ||
| Realised gains/(losses) on fixed asset | ||
| investments | 2,239,394 | |
| Net income | 2,134,161 | 111,485 |