# ## ## ## ## ## ||||||Page| |---|---|---|---|---|---| |Trustees'|report||||1-6| |Independent
examiner's|||report||| |Statement|offinancial|activities|||| |Summary|income and||expenditure|account|| |Balance sheet|||||10| |Notes to|the financial|statements|||11-23| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Endowment|Total Unrestricted|Total Unrestricted|Endowment|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| ||||2022|2022||2021|2021|2021| |||Notes||f.||F||| |Income from:||||||||| |Donations
and legacies|||13,310||13,310|11,030||11,030| |investments|||22,645|112,326|134,971|9,436|107,326|116,762| |Other income|||148,000|(148,000)|-|98,500|(98,500)|| |Total income|||183,955|(35,674)|148,281|118,966|8,826|127,792| |Ex enditure on:||||||||| |Raising funds|||5,458|29,269|34,727|8,269|22,362|30,631| |Charitable
activities|||178,328||178,328|170,602||170,602| |Total charitable|expenditure||183,786|29,269|213,055|178,871|22,362|201,233| |Net operating|(deficit)||169|(64,943)|(64,774)|(59,905)|(13,536)|(73,441)| |Net gains/(losses)||on||||||| |investments||12||(349,976)|(349,976)||474,835|474,835| |Net movement|in|funds|169|(414,919)|(414,750)|(59,905)|461,299|401,394| |Fund balances|at 1 January|||||||| |2022|||50,640|4,979,405|5,030,045|110,545|4,518,106|4,628,651| |Fund balances|at|31||||||| |December 2022|||50,809|4,564,486|4,615,295|50,640|4,979,405|5,030,045| ## ## ||||All income funds|| |---|---|---|---|---| ||||2022|2021| |Gross income|||183,955|118,966| |Total expenditure|from income funds||183,786|178,871| |Net income/(expenditure)||for the year|169|(59,905)| ## ## ||||2022||2021|| |---|---|---|---|---|---|---| |||Notes|R|||| |Fixed assets||||||| |Tangible assets||13||42,059||42,539| |Investment
properties||14||557,941||557,941| |Investments||15||4,011,551||4,424,172| |||||4,611,551||5,024,652| |Current assets||||||| |Cash at bank and in|hand||34,654||29,656|| |Creditors: amounts|falling due within|||||| |one year|||(30,910)||(24,263)|| |Net current assets||||3,744||5,393| |Total assets less current liabilities||||4,615,295||5,030,045| |Capital funds||||||| |Endowment
funds - general||19||4,564,486||4,979,405| |Income funds||||||| |Unrestricted
funds||||50,809||50,640| |||||4,615,295||5,030,045| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Unrestricted| |---|---|---|---|---| ||||funds|funds| ||||2022|2021| ||||E|| |Donations|and|gifts|13,310|11,030| ## ||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total| |---|---|---|---|---|---|---| ||funds|funds||funds|funds|| |||general|||general|| |||2022||2021|2021|2021| |||||F||| |Rental income|22,574||22,574|9,436||9,436| |Income from listed||||||| |investments||112,326|112,326||107,326|107,326| |interest|71||71|||| ||22,645|112,326|134,971|9,436|107,326|116,762| ## ## ## ||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| |||||general|||general|| |||||2022|2022|2021|2021|2021| ||||||E|F|E|| |Released|from Unapplied|||||||| |Total Return|||148,000|(148,000)||98,500|(98,500)|| |Raising funds||||||||| ||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total| ||||funds|funds||funds|funds|| |||||general|||general|| ||||2022|2022||2021|2021|2021| ||||R|E|||F|P| |Fundraisin|and|ublici||||||| |Investment|management|||||||| |fees|||702|29,269|29,971|701|22,362|23,063| |Support costs|||4,756||4,756|7,568||7,568| ||||5,458|29,269|34,727|8,269|22,362|30,631| ## ## |||||Unrestricted|Unrestricted| |---|---|---|---|---|---| |||||Funds|Funds| |||||2022|2021| |Grant|funding|ofactivities (see note 8)||133,553|121,293| |Share|ofsupport costs (see note 9)|||33,940|34,685| |Share|ofgovernance||costs (see note 9)|10,835|14,624| |||||178,328|170,602| ## ## |8|Grants payable||||||||||||||||||Unrestricted| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||||||||||funds| ||Grants to organisations:||||||||||||||||||2022| ||||||||||||||||||||f.| ||Boxgrove Primary School||||||||||||||||||710| ||Bushy
Hill Junior School||||||||||||||||||300| ||Burpham
Primary
School||||||||||||||||||530| ||Christs College||||||||||||||||||2,050| ||Guildford
County School||||||||||||||||||1,720| ||Guildford
Grove||||||||||||||||||2,320| ||Holy Trinity Junior School||||||||||||||||||450| ||Kings College||||||||||||||||||1,640| ||Merrow C of E Infant School||||||||||||||||||360| ||Northmead
Junior School||||||||||||||||||680| ||Onstow
Infant School||||||||||||||||||160| ||Pewley
Down Infant School||||||||||||||||||220| ||Queen Eleanors Junior School||||||||||||||||||300| ||Sandfield
Primary School||||||||||||||||||810| ||StJosephs||||||||||||||||||530| ||StThomas ofCanterbury
Catholic||Primary School||||||||||||||||350| ||Stoughton
infant School||||||||||||||||||670| ||Worplesdon
Primary School||||||||||||||||||200| ||Reskilled- Start Up Funding||||||||||||||||||5,625| ||Guildford
Town Centre Chaplaincy||—Community|||||Angels|||||||||||6,000| ||South West Surrey
Domestic|Abuse||Outreach||||Service (hosted||||||by CA Waverley)||||—Fatlish|| ||Children's
Outreach
Service||||||||||||||||||6,300| ||Guildford
Shakespeare
Company||—In||our Stars||||||||||||||6,200| ||Halow Project - Volunteer
Development|||||Programme||||2022-23|||||||||7,000| ||South
West Surrey
Domestic|Abuse||||Outreach||Service||||(CA Waverley)||||Fatfish||Children' s|| ||Sumer Group||||||||||||||||||412| ||StThomas ofCanterbury
Catholic||Primary School —StoC 8 Chill|||||||||||Club for|Young Carers||||990| ||TALK Surrey CIO - Running
Costs oftwo Guildford||||||||TALK|||aphasia||support|groups||||5,000| ||South West Surrey Association|for Mental Health||||||(The|||Canterbury|||Care Centre) - Assistant|||||| ||Position and massage therapist||||||||||||||||||5,980| ||Delight - Delight with Weyfield|Primary|||School||and||Guildford||||Grove Primary|||School|||7,450| ||Oakleaf Enterprise - Upholstery|Training|||||||||||||||||7,500| ||Gosden House School —Therapy||Donkeys||||||||||||||||75| ||South West Surrey Refuge (SAHA) Happy Christmas|||||||||Project|||||||||500| ||Weyfield
Primary Academy —School Welfare||||||Fund||(agreed by email between||||||||meetings)||650| ||St Peter's Shared Church
Community||||Mental||Health|||First||Aid|Training for||Stoke Ward||||700| ||Challengers —Guildford
Play and||Youth|||Scheme|||||||||||||6,000| ||HomeStart —Family Support Group (Hazel Avenue,|||||||||Bellfields)|||||||||7,000| ||CHIPS Guildford —CHIPS 2023:Supporting
vulnerable||||||||||North||Guildford
children||||and|families|7,500| ||Surrey Lifelong Learning
Partnership|||—Guildford||||Learning||||and Skills Hub|||||||6,375| ||Eikon Youth Support Practitioner||Programme,||||Kings|||College,|||Guildford||||||6,000| ||Total||||||||||||||||||107,257| ||Grants to individuals||||||||||||||||||26,446| ||Grants written back||||||||||||||||||(150)| ||||||||||||||||||||133,553| ## ## ## |Support co|sts||||||| |---|---|---|---|---|---|---|---| |||Support|Governance|2022|Support|Governance|2021| |||costs|costs||costs|costs|| ||||E|E|||| |Staff costs||29,030||29,030|28,479||28,479| |Office administrative|||||||| |expenses||4,983||4,983|2,992||2,992| |Office expenses||4,160||4,160|4,482||4,482| |Repairs and|renewals|523||523|6,300||6,300| |Independent|Examination||3,360|3,360||4,560|4,560| |Accountancy|||2,280|2,280||2,040|2,040| |Legal and professional|||5,195|5,195||8,024|8,024| |||38,696|10,835|49,531|42,253|14,624|56,877| |Analysed
between|||||||| |Fundraising||4,756||4,756|7,568||7,568| |Charitable
activities||33,940|10,835|44,775|34,685|14,624|49,309| |||38,696|10,835|49,531|42,253|14,624|56,877| ## ## |The average|monthly
number ofemployees
during th|e year was:|| |---|---|---|---| |||2022|2021| |||Number|Number| |Employment|costs|2022|2021| |Wages and salaries||28,548|28,013| |Other pension costs||482|466| |||29,030|28,479| ## ## ## |2|Net gains/(lo|sses)
on|investments||||| |---|---|---|---|---|---|---|---| |||||||Endowment|Endowment| |||||||funds|funds| |||||||general|general| |||||||2022|2021| |||||||E|E| ||Revaluation|of investments||||(203,390)|239,232| ||Gain/(loss)
on sale ofinvestments|||||(146,586)|235,603| |||||||(349,976)|474,835| |13|Tangible fixed assets||||||| |||||Freehold|land|Computers|Total| |||||and buildings||and oftlce|| |||||||equipment|| ||Cost||||||| ||At 1 January|2022||42,059||1,570|43,629| ||At 31 December 2022|||42,059||1,570|43,629| ||Depreciation|and impairment|||||| ||At 1 January|2022||||1,090|1,090| ||Depreciation|charged|in the year|||480|480| ||At 31 December 2022|||||1,570|1,570| ||Carrying
amount||||||| ||At 31 December 2022|||42,059|||42,059| ||At 31 December 2021|||42,059||480|42,539| |14|Investment|property|||||| ||||||||2022| ||||||||f.| ||Fair value||||||| ||At 1 January|2022 and 31 December 2022|||||557,941| ## ## ## |14|Investment
property|||||(Continued)| |---|---|---|---|---|---|---| ||||||2022|2021| ||Freehold||||557,941|557,941| ||Long leasehold|||||| ||Short leasehold|||||| |15|Fixed asset investments|||||| |||||Listed|Cash in|Total| |||||Investments|portfolio|| ||Cost or valuation|||||| ||At 1 January 2022|||4,296,490|127,682|4,424,172| ||Additions|||779,337|5,058|784,395| ||Valuation
changes|||(203,390)||(203,390)| ||Disposals|||(993,626)||(993,626)| ||At 31 December 2022|||3,878,811|132,740|4,011,551| ||Carrying
amount|||||| ||At 31 December 2022|||3,878,811|132,740|4,011,551| ||At 31 December 2021|||4,296,490|127,682|4,424,172| |16|Financial instruments||||2022|2021| ||Carrying
amount of|financial assets||||| ||Instruments
measured|at fair value through|profit or loss||3,878,811|4,296,490| |17|Creditors: amounts|failing due within one year||||| ||||||2022|2021| |||||Notes||F| ||Deferred income|||18|6,295|2,914| ||Other creditors||||15,000|15,000| ||Accruals and deferred|income|||9,615|6,349| ||||||30,910|24,263| ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |Other deferred
income||||||6,295|2,914| |Deferred|income is|included||in the financial statements|as follows:||| |||||||2022|2021| ||||||||E| |Deferred|income is|included||within:|||| |Current|liabilities|||||6,295|2,914| |Movements
in the year:|||||||| |Deferred|income at|1 January 2022||||2,914|| |Released from previous|||periods|||(2,914)|| |Resources deferred||in the year||||6,295|2,914| |Deferred|income at|31|December 2022|||6,295|2,914| |||||||||||CO|CO| |---|---|---|---|---|---|---|---|---|---|---|---| ||||Ce|||8|E|ol||CO|CO| ||||0
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of net assets|Analysis
of net assets|between funds|||||| |---|---|---|---|---|---|---|---|---| ||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total| ||||funds|funds||funds|funds|| ||||2022|2022||2021|2021|2021| ||||f|f:||E||P| ||Fund balances at 31|||||||| ||December|2022 are||||||| ||represented|by:||||||| ||Tangible assets|||42,059|42,059|480|42,059|42,539| ||Investment|properties||557,941|557,941||557,941|557,941| ||Investments||47,065|3,964,486|4,011,551|43,493|4,380,679|4,424,172| ||Current assets/(liabilities)||3,744||3,744|6,667|(1,274)|5,393| ||||50,809|4,564,486|4,615,295|50,640|4,979,405|5,030,045| ## ## ## |22|Total Return|||||Endowment|Unapplied|Total| |---|---|---|---|---|---|---|---|---| ||||||||Total Return|| ||At 1 January 2022|||||||| ||Trust for Investment|||||2,425,155||2,425,155| ||Unapplied
Total|Return|||||1,954,250|1,954,250| ||Total|||||2,425,155|1,954,250|4,379,405| ||Movements
in reporting||period|||||| ||Investment
return: Dividends|||and Interest|||112,326|112,326| ||Investment
return: Realised|||and Unrealised|gains|||| ||and (losses)||||||(349,976)|(349,976)| ||Less: investment|managers||costs|||(29,269)|(29,269)| ||Total||||||(266,919)|(266,919)| ||Unapplied
Total|Return|allocated to income||in the reporting|period|(148,000)|(148,000)| ||Net movements|in reporting||period|||(414,919)|(414,919)| ||At 31 December|2022||||||| ||Trust for Investment|||||2,425,155||2,425,155| ||Unapplied
Total|Return|||||1,539,331|1,539,331| ||Total|||||2,425,155|1,539,331|3,964,486|