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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to4||
|Report ofthe Independent
Auditors|5|to|8|
|Statement ofFinancial Activities||||
|Balance Sheet||10||
|Notes to the Financial Statements|11|to|19|
|Detailed Statement of Financial Activities|20|to|21|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|8|F||6|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||430||430||
|Other trading
activities
Investment
income||2
3|523
270,932||523
270,932|162
311,171|
|Total|||271 885||271,885|311,333|
|EXPENDITURE ON|||||||
|Raising funds||4|(10,628)||(10,628)|8,979|
|Charitable
activities|||||||
|The Sandhurst
Collection|||32,037||32,037|64,103|
|General
sundry grants|||137,829||137,829|69,756|
|Depreciation
on asset used for
purposes
SQM Infrastructure
grants|charitable||847
380,810||847
380,810|996
346,235|
|Total|||540,895||540,895|490,069|
|Net gains on investments|||784,751||784,751|1,454,048|
|NET INCOME|||515,741||515,741|1,275,312|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||9,358,854||9,358,854|8,083,542|
|TOTAL FUNDS CARRIED FORWARD|||9.874.595|.|9,874,595|9,858,854|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|6|6|6|6|
|FIXEDASSETS||||||
|Tangible assets|9|4,797||4,797|5,643|
|Investments|10|9,826,768||9,826,768|9,252,478|
|||9,831,565||9,831,565|9,258,121|
|CURRENT ASSETS||||||
|Debtors|||||29,957|
|Prepayments
and accrued income||76,203||76,203|76,270|
|Cash in hand||53,619||53,619|52,711|
|||129,822||129,822|158,938|
|CREDITORS||||||
|Amounts
falling due within one year|12|(86,792)||(86,792)|(58,205)|
|NET CURRENT ASSETS||43,030||43030|100,733|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||9,874,595||9,874,595|9,358,854|
|NET ASSETS||9,874595|.|9,874.595|9,358,854|
|FUNDS|13|||||
|Unrestricted
funds||||9,874,595|9,358,854|
|TOTAL FUNDS||||9874595|9,358,,854,|
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|2.|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||F||
||Sandhurst
Collection sales||||33|162|
||Sandhurst
book sales||||490||
||||||523|162|
|3.|INVESTMENT INCOME||||||
||||||2022
f|2021|
||Sandhurst
pool invest. income|||||74,467|
||CCLA investment
income||||270,915|236,579|
||Deposit account interest||||17|125|
||||||270,932|311,171|
|4.|RAISING FUNDS||||||
||Investment
management|costs|||||
||||||2022|2021|
|||||||6|
||Portfolio management||||(10,628)|8,979|
|5.|CHARITABLE ACTIVITIES COSTS||||||
||||Grant||Support||
||||funding|of|costs (see||
||||activities||note 6)|Totals|
||||||6||
||The Sandhurst
Collection||26,502||5,535|32,037|
||General sundry grants||97,527||40,302|137,829|
||Depreciation
on asset used|for|||||
||charitable
purposes||||847|847|
||SQM Infrastructure
grants||380,810|||380,810|
||||504,839||46,684|551,523|
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||||||||Governance||
|---|---|---|---|---|---|---|---|---|
|||||||Other|costs|Totals|
|||||||E|K|8|
|The Sandhurst
Collection|||||||5,535|5,535|
|General|sundry
grants|||||28,163|12,139|40,302|
|Depreciation||on asset||used for|||||
|charitable|purposes||||||847|847|
|||||||28,163|18,521|46,684|
|Support costs, included||||in the above, are as follows:|||||
|Governance||costs|||||||
||||||||2022|2021|
|||||||Depreciation|||
|||||||on asset|||
|||||The|General|used for|||
|||||Sandhurst|sundry|charitable|Total|Total|
|||||Collection
8|grants
8|purposes
8|activities
f|activities|
|Auditors'|remuneration||||4,770||4,770|6,360|
|Auditors'|remuneration||||||||
|for non audit||work|||5,520||5,520|5,454|
|Insurance||||5,535|||5,535|5,170|
|Printing,|stationery||&||||||
|postage||||||||189|
|Depreciation||oftangible|||||||
|fixed assets||||||847|847|996|
|Sage support||costs|||1,847||1,847|1,802|
|||||5,535|12,139|847|18,521|19,971|
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|8.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds
f|funds
f|fundsf|
||INCOME AND ENDOWMENTS|FROM||||
||Other trading
activities
Investment
income||162
311,171||162
311,171|
||Total||311,333||311,333|
||EXPENDITURE ON|||||
||Raising funds||8,979||8,979|
||Charitable
activities|||||
||The Sandhurst
Collection||64,103||64,103|
||General sundry
grants||69,756||69,756|
||Depreciation
on asset used for
purposes
SQM Infrastructure
grants|charitable|996
346,235||996
346,235|
||Total||490,069||490,069|
||Net gains on investments||1,454,048||1,454,048|
||NET INCOME||1,275,312||1,275,312|
||RECONCILIATION
OF FUNDS|||||
||Total funds brought forward
As previously
reported
Prior year adjustment||8,046,408
37,134||8,046,408
37,134|
||As restated||8,083,542||8,083,542|
||TOTAL FUNDS CARRIED FORWARD||9,358,854||8,358,858|
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|TANGIBLE FIXEDASSETS|||
|---|---|---|
|||Plant and|
|||machinery
f|
|COST|||
|At 1stApril 2021 and 31st March 2022||12,717|
|DEPRECIATION|||
|At 1st April 2021
Charge for year||7,074
846|
|At 31st March 2022||7,920|
|NET BOOK VALUE|||
|At 31st March 2022||4,797|
|At 31st March 2021||5,643|
|FIXEDASSET INVESTMENTS|||
||2022|2021|
||f||
|Shares
Other|9,726,612
100,156|9,239,968
12,510|
||9,826,768|9,252,478|
##
|Additional
information
as follows:||||
|---|---|---|---|
||CCLA|Minority||
||Listed|interests||
||Investments
f|share
f|Totals
F|
|NIARKET VALUE||||
|At 1stApril 2021
Additions
Disposals
Revaluations|10,182,681
1,893
(300,000)
866.464|(942,713)
~8),7)3)|9,239,968
1,893
(300,000)
784,751|
|At 31st March 2022|10 781 038|~1,024 426)|9,726,612|
|NET BOOK VALUE||||
|At 31st March 2022||||
|At 31st March 2021|11).182681|~942.7)3)|9,239,988|
##
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|Investments|(neither listed nor unlisted)
were as follo|ws:||
|---|---|---|---|
|||2022|2021|
|||F|6|
|Sandhurst
CCLA cash|pool cash deposits
deposits|100,156|1,892
10,618|
|||100,156|12,510|
##
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||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||6||
|Minority
Accrued|interests
expenses|-|dividends|&|interest|due|76,622
10,170|48,306
9,899|
||||||||86,792|58,205|
##
|MOVEM|ENT|IN FUNDS||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.4.21|in funds|31.3.22|
|||||6|6|
|Unrestricted||funds||||
|General|fund||9,358,854|515,741|9,874,595|
|TOTAL|FUNDS||9,358,854|515,741|9,874.595|
##
##
|Net mov|ement|in funds,
includ|ed
in the a|bove are as follo|ws:|||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movement|
|||||resources
f|expended|losses
f|in funds
f|
|Unrestricted||funds||||||
|General|fund|||271,885|(540,895)|784,751|515,741|
|TOTAL|FUNDS|||||||
|Comparatlves||for movement|in funds|||||
||||||Prior|Net||
||||||year|movement|At|
|||||At 1.4.20|adjustment
f|in funds
F|31.3.21
f|
|Unrestricted||funds||||||
|General|fund|||8,046,408|37,134|1,275,312|9,358,854|
|TOTAL|FUNDS|||8,046,408|37,134|1,275,312|9,358,854|
|Comparative|net movement
in fu|nds, included
in the abov|e are as follows|:||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources
f|expended
f|losses|in funds
f|
|Unrestricted|funds|||||
|General fund||311,333|(490,069)|1,454,048|1,275,312|
|TOTAL FUNDS||||||
|A curren|t yea|r 12 months
and p|rior year 12months
combin|ed
position
is|as follows:||
|---|---|---|---|---|---|---|
|||||Prior|Net||
|||||year|movement|At|
||||At 1.4.20
f|adjustment
f|in funds
F|31.3.22
f|
|Unrestricted||funds|||||
|General|fund||8,046,408|37,134|1,791,053|9,874,595|
|TOTAL|FUNDS||8,045.408|37,134|1.791.1153|9,874.595|
##
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##
|
above are as|
follows:|||||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended
E|losses|in funds
f|
|Unrestricted|funds|||||
|General fund||583,218|(1,030,964)|2,238,799|1,791,053|
|TOTAL FUNDS||583,218|(1,030,964)|2~238,799|1,791,053|
##
##
||||2022
6|2021f|
|---|---|---|---|---|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||430||
|Other trading
activities|||||
|Sandhurst
Collection sales|||33|162|
|Sandhurst
book sales|||490||
||||523|162|
|Investment
income|||||
|Sandhurst
pool invest. income||||74,467|
|COLA investment
income|||270,915|236,579|
|Deposit account interest|||17|125|
||||270,932|311,171|
|Total incoming
resources|||271,885|311,333|
|EXPENDITURE|||||
|Investment
management||costs|||
|Porffolio management|||(10,628)|8,979|
|Charitable
activities|||||
|Grants to supported
causes|||504,839|461,119|
|Support costs|||||
|Other|||||
|Loan write off|||28,163||
|Governance costs|||||
|Auditors'
remuneration|||4,770|6,360|
|Auditors'
remuneration|for|non audit work|5,520|5,454|
|Insurance|||5,535|5,170|
|Printing,
stationery
&postage|||2|189|
|Plant and machinery|||847|996|
|Sage support costs|||1,847|1,802|
||||18,521|19,971|
|Total resources expended|||540,895|490,069|
|Net expenditure
before|gains and losses||(269,010)|(178,736)|
##
##
|||2022|2021|
|---|---|---|---|
||||E|
|Realised recognised|gains and losses|||
|Realised gains/(losses)|on fixed asset|||
|investments|||450,840|
|Net (expenditure)/income||~269,010)|272,104|