| Page | ||
|---|---|---|
| Reference and administrative | details ofthe Charity, its Trustees and advisers | |
| Trustees' report | 2-5 | |
| Independent examiner's report |
6-7 | |
| Statement offinancial activities | ||
| Balance sheet | ||
| Notes to the financial statements | 10-18 |
| Endowment | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| Note | 2022 f |
2022 | 2022 | 2021 | |||
| Income and endowments | from: | ||||||
| Investments | 87,621 | 87,621 | 79,633 | ||||
| Total income and | endowments | 87,621 | 87,621 | 79,633 | |||
| Expenditure on: |
|||||||
| Investment management |
costs | 4 | 21,003 | 21,003 | 20,938 | ||
| Charitable activities |
5 | 1,317 | 77,121 | 78,438 | 96,046 | ||
| Total expenditure | 22,320 | 77,121 | 99,441 | 116,984 | |||
| Net (expenditure)/income | before net | ||||||
| (losses)/gains on |
investments | (22,320) | 10,500 | (11,820) | (37,351) | ||
| Net (losses)/gains | on investments | (409,962) | (409,962) | 644,186 | |||
| Net movement in |
funds | (432,282) | 10,500 | (421,782) | 606,835 | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 3,689,583 | (10,500) | 3,679,083 | 3,072, 248 | ||
| Net movement in funds |
(432,282) | 10,500 | (421,782) | 606,835 | |||
| Total funds carried forward | 3,257,301 | 3,257,301 | 3,679,083 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 5 | ||||||
| Fixed assets | |||||||
| Investments | 3,077,356 | 3,581,515 | |||||
| 3,077,356 | 3,581,515 | ||||||
| Current assets | |||||||
| Debtors | 12 | 1,331 | 3,311 | ||||
| Cash at bank | and in | hand | 182,949 | 108,876 | |||
| 184,280 | 112,187 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 13 | (4,335) | (14,619) | ||||
| Net current | assets | 179,945 | 97,568 | ||||
| Total net assets | 3,257,301 | 3,679,083 | |||||
| Charity funds | |||||||
| Endowment | funds | 14 | 3,257,301 | 3,689,583 | |||
| Unrestricted | funds | 14 | (10,500) | ||||
| Total funds | 3,257,301 | 3,679,083 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2022 | |||
| 6 | K | |||
| Dividends | and interest | received | 87,004 | 87,004 |
| Bank and | stockbroker | interest | 617 | 617 |
| 87,621 | 87,621 | |||
| Unrestricted | Total | |||
| funds | funds | |||
| 2021 | 2021 | |||
| Dividends | and interest | received | 79,631 | 79,631 |
| Bank and | stockbroker | interest | 2 | 2 |
| 79,633 | 79,633 |
| Endowment | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2022 | ||
| 8 | E | ||
| Stockbroker | fees | 21,003 | 21,003 |
| Endowment | Total | ||
| funds | funds | ||
| 2021 | 2021 | ||
| Stockbroker | fees | 20,938 | 20,938 |
| Endowment | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | Total | ||
| 2022 E |
2022 f |
2022f | ||
| Grants (note | 6) | 72,000 | 72,000 | |
| Governance | costs (note 7) | 1,317 | 5,121 | 6,438 |
| 1,317 | 77,121 | 78,438 | ||
| Endowment | Unrestricted | |||
| funds | funds | Total | ||
| 2021 | 2021 8 |
2021f | ||
| Grants (note | 6) | 24,931 | 64,569 | 89,500 |
| Governance | costs (note 7) | 6,546 | 6,546 | |
| 24,931 | 71,115 | 96,046 |
| Grants | ||||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| E | ||||||
| Able 2 B | 1,000 | |||||
| ACCESS Supporting Migrants |
in EA | 2,000 | ||||
| The Benjamin Foundation |
2,000 | |||||
| The British Red Cross- Ukraine | Appeal | 3,500 | ||||
| The Docking Scholarship | -Glebe House School | 10,000 | 10,000 | |||
| The Docking Follow on Scholarship | -Gresham's | School | 6,000 | 6,000 | ||
| The Docking Follow on Scholarship | -Wymondham | College | 6,000 | |||
| EACH | 2,000 | |||||
| East Anglian Air Ambulance |
2,000 | |||||
| The Matthew Project | 2,000 | |||||
| Nelson's Journey | 2,000 | |||||
| Norfolk Community Foundation |
- Covid Appeal | 25,000 | ||||
| Norfolk Community Foundation |
- College Bursaries | 21,000 | 21,000 | |||
| Norfolk Hospice Tapping | House | 5,250 | ||||
| Norfolk Reading Project | 1,000 | |||||
| Priscilla Bacon Norfolk Hospice | 5,250 | |||||
| Snettisham Cricket Club |
Appeal | 500 | ||||
| St Martin's Housing Trust |
5,000 | 5,000 | ||||
| The Purflect Trust King's | Lynn | 5,000 | 5,000 | |||
| Littlelifts | 2,000 | 6,000 | ||||
| 72,000 | 89,500 |
| Unrestricted | Total | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2022 | 2022 | ||||||
| 8 | F. | ||||||
| Independent | examiner's | fee | 2,520 | 2,520 | |||
| Management | and administration | 3,918 | 3,918 | ||||
| 6,438 | 6,438 | ||||||
| Unrestricted | Total | ||||||
| funds | funds | ||||||
| 2021 | 2021f | ||||||
| Independent | examiner's | fee | 2,300 | 2,300 | |||
| Management | and administration | 4,246 | 4,246 | ||||
| 6,546 | 6,546 | ||||||
| Independent | examiner's | remuneration | |||||
| 2022 | 2021 | ||||||
| 8 | |||||||
| Fees payable | to the Charity's | independent | examiner for the independent | ||||
| examination | of the Charity's | annual | accounts | 2,520 | 2,300 |
| Listed | ||
|---|---|---|
| investments | ||
| 8 | ||
| Cost or valuation | ||
| At 1 November | 2021 | 3,581,515 |
| Additions | 528,147 | |
| Disposals | (622,344) | |
| Revaluations | (409,962) | |
| At 31 October | 2022 | 3,077,356 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | 5 | ||
| Due within | one year | ||
| Prepayments | and accrued income | 1,331 | 3,311 |
| 1,331 | 3,311 |
| 13. | Creditors: Amounts | falling due within one year | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 8 | ||||
| Accruals | 4,335 | 4,119 | ||
| Accrued grants payable to institutions | 10,500 | |||
| 4,335 | 14,619 |
| Balance at 1 | Balance at | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| November | Gains/ | 31October | ||||||||
| 2021f | Income f |
Expenditure f |
(Losses) f |
2022 f |
||||||
| Unrestricted funds |
||||||||||
| General Funds |
(10,500) | 87,621 | (77,121) | |||||||
| Endowment funds |
||||||||||
| Bequest from A Stuart | 3,689,583 | (22,320) | (409,962) | 3,257,301 | ||||||
| Total offunds | 3,679,083 | 87,621 | (99,441) | (409,962) | 3,257,301 | |||||
| Endowment funds |
comprise | of | an expendable | endowment | fund | to be retained | for the | benefit of the |
||
| charity as a capital | fund. Trustees have the discretion | to convert endowment | capital into income funds. | |||||||
| Statement offunds - prior | year | |||||||||
| Balance at | Balance at | |||||||||
| 1 November | Gains' | 31October | ||||||||
| 2020 | Income f |
Expenditure | (Losses) f |
2021 f |
||||||
| Unrestricted funds |
||||||||||
| General Funds |
(19,018) | 79,633 | (71,115) | (10,500) | ||||||
| Endowment funds |
||||||||||
| Bequest from A Stuart | 3,091,266 | (45,869) | 644,186 | 3,689,583 | ||||||
| Total offunds | 3,072,248 | 79,633 | (116,984) | 644,186 | 3,679,083 |
| Analysis of net assets between funds -current ye |
ar | |
|---|---|---|
| Endowment | Total | |
| funds | funds | |
| 2022 | 2022 | |
| 6 | 6 | |
| Fixed asset investments | 3,077,356 | 3,077,356 |
| Current assets | 184,280 | 184,280 |
| Creditors due within one year | (4,335) | (4,335) |
| Total | 3,257,301 | 3,257,301 |
| Analysis of net assets between funds - prio |
r year | ||
|---|---|---|---|
| Endowment | Unrestricted | Total | |
| funds | funds | funds | |
| 2021 E |
2021 f |
2021f | |
| Fixed asset investments | 3,581,515 | 3,581,515 | |
| Current assets | 109,887 | 2,300 | 112,187 |
| Creditors due within one year | (1,819) | (12,800) | (14,619) |
| Total | 3,689,583 | (10,500) | 3,679,083 |
| 2022 | 2021 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | ||||||||||||
| J | K | Morgan | - | Morgan | Trusts | and | Tax | Planning | Limited, | Solicitors | 3,840 | 4,140 |
| 3,840 | 4,140 |