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||**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|





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|<br>**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|





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|**BALANCE SHEET**<br>**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|





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|**INVESTMENT INCOME**||
|---|---|
||**2022**<br>2021|
|Rents received|**63,810**<br>156,795|
|Other fixed asset invest - Eli|**16,866**<br>13,059|
|Other fixed asset inv - UnFll|**3,393**<br>3,213|
|Deposit account interest|**541**565|
||**84,610**<br>173,632|
|**RAISING FUNDS**||
|**Investment management costs**||
||**2022**<br>2021|
|Portfolio management|**8,214**<br>11,845|
|Property repairs|**1,920**|
||**10,134**<br>11,845|



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||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|





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||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.**<br>**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**|





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|**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**<br>2021|
||Other debtors||**33,307**<br>84,280|
|**9.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||||**2022**<br>2021|
||Bank loans and overdrafts (see note 10)||**30,900**<br>30,900|
||Other creditors||5,875|
||Accrued expenses||**600**600|
||||**31,500**<br>37,375|
|**10.**|**LOANS**|||
||An analysis of the maturity of loans is given below:|||
||||**2022**<br>2021|
||Amounts falling due within one year on demand:|||
||Bank overdrafts||**30,900**<br>30,900|
|**11.**|**MOVEMENT IN FUNDS**|||
||||Net|
||||movement<br>At|
|||At|6.4.21<br>in funds<br>5.4.22|
||**Unrestricted funds**|||
||General fund|**611,312**<br>**2,121,781**<br>**2,733,093**||
||Designated fund|**1,250,000**<br>**1,250,000**||
|||**1,861,312**<br>**2,121,781**<br>**3,983,093**||
||**TOTAL FUNDS**|**1,861,312**<br>**2,121,781**<br>**3,983,093**||





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||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**|



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|||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|





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|<br>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|



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|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**<br>**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|





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|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**<br>**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|