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|Charity
Information||||
|---|---|---|---|
|Report ofthe Trustees.||||
|Independent
Examiner's||Report.||
|Statement
of Financial||Activities.||
|Balance Sheet||||
|Notes to the Financial|Statements. .||10|
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|
ccount) for|
the year|
g
ended 31December 2|
022|p||
|---|---|---|---|---|---|
||||Notes|2022
E|2021|
|Income from:||||||
|Donations||||140||
|Subscriptions||||16,591|16,140|
|Income from other trading||activities:||||
|Ticket sales||||6,987|2,564|
|Meeting
suppers||||8,131|5,958|
|Income from investments:||||||
|Dividend
income||||46,366|43,798|
|Interest
income||||||
|Other income:||||||
|Cleaning||||1,404|1,998|
|Room hire||||18,800|11,775|
|Coronavirus
job|Retention|Scheme|||5,542|
|Total income||||98,419|87,783|
|Expenditure
on:||||||
|Raising funds||||102,832|91,056|
|Charitable
activities||||12,220|9,625|
|Total expenditure||||115,052|100,681|
|Net (expenditure)/income
gains/(losses)||before other recognised||(16,633)|(12,898)|
|Gain/(loss)
on revaluation||of investments||(239,440)|166,422|
|Net movement|in funds|||(256,073)|153,524|
|Funds brought
forward|||13|1,854,760|1,701,236|
|Funds carried|forward||13|1,598,687|1,854,760|
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|||||||2022|2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Fixed assets|||||||||
|Tangible assets||||||6,518||8,184|
|Investments||||||1,468,827|1,725,545||
|||||||1,475,345|1,733,729||
|Current assets|||||||||
|Debtors||||10|4,092||2,352||
|Cash at bank and||in hand|||106,635||114,810||
|Cash held
by brokers|||||19,212||10,670||
||||||129,939||127,832||
|Creditors:|||||||||
|Amounts
falling|due within||one year|11|(6,597)||(6,801)||
|Net current assets||||||123,342||121,031|
|Net assets||||||1,598,687|1,854,760||
|Funds ofthe charity|||||||||
|General
—unrestricted||||12,13||110,648||118,545|
|Designated
—unrestricted
investment
fund||||13||1,488,039|1,736,215||
|Total funds||||13||1,598,687|1,854,760||
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|Analysis ofexpend|iture|||||
|---|---|---|---|---|---|
|||||2022|2021|
||||||f.|
|Expenditure
on raising|funds:|||||
|Repairs and renewals||||6,986|1,674|
|Function
expenses||||18,163|11,832|
|Cleaning||||1,081|901|
|Lecture expenses||||188|293|
|Staff costs (Note 7)||||23,785|22,892|
|Rent||||20,000|20,000|
|Rates||||2,558|2,843|
|Light and heat||||753|405|
|Insurance||||5,731|3,894|
|Printing
and stationery||||2,582|2,265|
|Advertising||||406|225|
|Telephone
and postage||||216|400|
|Accountancy,
legal and|professional||fees|4,813|3,955|
|Bank charges||||588|214|
|Investment
management|fees|||11,949|11,300|
|Depreciation||||2,433|3,014|
|Website costs||||600|4,949|
|||||102,832|91,056|
|Expenditure
on charitable||activities:||||
|Donations
and bursaries||||12,220|9,625|
|Total expenditure||||115,052|100,681|
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|Total|expenditure|expenditure||||
|---|---|---|---|---|---|
|Year ended|31December 2022||Staff costs|Other costs|Total|
|Expenditure|on raising|funds|23,785|79,047|102,832|
|Charitable|activities|||12,220|12,220|
|Total expenditure|||23,785|91,267|115,052|
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|Total e|xpenditure
(continued)|xpenditure
(continued)||||
|---|---|---|---|---|---|
|Year ended|31December 2021||Staff costs|Other costs|Total|
||||||f.|
|Expenditure|on raising|funds|22,892|68,164|91,056|
|Charitable|activities|||9,625|9,625|
|Total expenditure|||22,892|77,789|100,681|
##
|Net ex|penditure
for th|penditure
for th|e year|||||
|---|---|---|---|---|---|---|---|
|This is stated|after charging:—|||||2022|2021|
|||||||f.||
|Depreciation|of tangible|assets||||2,433|3,014|
|Independent|examination|fee||||1,425|1,300|
|Fees paid to|the independent||examiner|for accounting|services|1,425|1,300|
|Operating
lease charges||||||20,000|20,000|
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|Staff costs|||
|---|---|---|
||2022|2021|
||f.|f.|
|Staff costs comprise:|||
|Wages and salaries|22,393|21,788|
|Social security costs|608|374|
|Pension costs|784|730|
||23,785|22,892|
##
|otes to the Financial
Statements
for the
ontinued)
Tangible fixed assets|year ended 31December
2022|
|---|---|
||Equipment|
||f.|
|Cost or valuation||
|At 1january
2022|50,167|
|Additions|767|
|At 31 December 2022|50,934|
|Depreciation||
|At 1january
2022|41,983|
|Charge for the year|2,433|
|At 31 December 2022|44,416|
|Net book value||
|At 31 December 2022|6,518|
|At 31 December 2021|8,184|
|9.|Investments|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f.|f.|
||Market value at 1january||2022|1,725,545|1,552,178|
|Additions
at cost||||235,512|264,281|
||Disposals at market|value||(252,790)|(257,336)|
||Realised
and unrealised
gains/(losses)|||(239,440)|166,422|
||Market value as at|31December 2022||1,468,827|1,725,545|
||Historical cost as at|31 December 2022||1,501,597|1,500,320|
|10.|Debtors||||||
|---|---|---|---|---|---|---|
||||||2022
f.|2021f|
|Prepayments||and accrued||income|4,092|2,352|
|11.|Creditors: amounts|||falling due within one year|2022|2021|
||||||f.||
|Aged|creditors|||||14|
|Accruals
and||deferred|income||6,597|6,787|
||||||6,597|6,801|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f.|f.|
|At 1january|2022||||118,545|119,664|
|(Expenditure)/income||for|the|year|(16,633)|(12,898)|
|(Losses)/gains|on revaluation|||of investments|(239,440)|166,422|
|Transfer from|designated||funds||248,176|(154,643)|
|At 31 December 2022|||||110,648|118,545|
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|3.
Analysis of net assets betwee|n
funds|||
|---|---|---|---|
|At 31December 2022|Unrestricted
General
f.|Unrestricted
designated
f.|2022|
|Tangible
fixed assets|6,518||6,518|
|Investments||1,468,827|1,468,827|
|Current assets|110,727|19,212|129,939|
|Current
liabilities|(6,597)||(6,597)|
|At 31 December 2022|110,648|1,488,039|],598,687|
|At 31December 2021|Unrestricted
General|Unrestricted
designated|2021|
||f.|f.||
|Tangible
fixed assets|8,184||8,184|
|Investments||1,725,545|1,725,545|
|Current assets|117,162|10,670|127,832|
|Current
liabilities|(6,801)||(6,801)|
|At 31 December 2021|118,545|1,736,215|],854,760|
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|nimum
lea|se payments
under non-cancellable
oper|ating
leases, as follows:||
|---|---|---|---|
|||2022|2021|
|||f.||
|Amounts|falling due:|||
|Within one|year|20,000|20,000|
|Between two and five years|||20,000|
|||20,000|40,000|
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