| Page | ||
|---|---|---|
| Reference and administrative advisers |
details ofthe charitable company„ its Trustees and | |
| Trustees' report |
2-5 | |
| Independent examiner's report |
||
| Statement offinancial activities | ||
| Balance sheet | 8-9 | |
| Notes to the financial statements | 10-20 |
| Unrestricted | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | 8 | 8 | |||||
| Income and endowments | from: | ||||||
| Investments | 2 | 27,563 | 27,563 | 31,736 | |||
| Total income and | endowments | 27,563 | 27,563 | 31,736 | |||
| Expenditure on: |
|||||||
| Raising funds | 2,687 | 14,049 | 16,736 | 16,620 | |||
| Charitable activities |
18,507 | 18,507 | 117,468 | ||||
| Total expenditure | 21,194 | 14,049 | 35,243 | 134,088 | |||
| Net income/(expenditure) | before net | ||||||
| gains on investments | 6,369 | (14,049) | (7,680) | (702,352) | |||
| Net gains on investments | 55,611 | 55,611 | 53,020 | ||||
| Net movement in funds before other |
|||||||
| recognised gains |
6,369 | 41,562 | 47,931 | (49,332) | |||
| Other recognised | gains: | ||||||
| Gains on revaluation | offixed | assets | 2,145,000 | 2,145,000 | |||
| Net movement in funds |
6,369 | 2,186,562 | 2,192,931 | (49,332) | |||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | 25,000 | 1,474,790 | 1,499,790 | 1,549,122 | ||
| Net movement in funds |
6,369 | 2,186,562 | 2 192931 | (49332) | |||
| Total funds carried | forward | 31,369 | 3,661,352 | 3,692,721 | 1,499,790 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | E | ||||||
| Fixed assets | |||||||
| Investments | - Listed | 11 | 1,274,412 | 1,232,673 | |||
| Investments | - Land | 10 | 2,365,000 | 220,000 | |||
| 3,639,412 | 1,452,673 | ||||||
| Current assets | |||||||
| Cash at bank and | in hand | 70,493 | 63,524 | ||||
| 70,493 | 63,524 | ||||||
| Creditors: amounts | failing due within one | ||||||
| year | 12 | (17,184) | (16,407) | ||||
| Net current | assets | 53,309 | 47,117 | ||||
| Total assets | less | current liabilities | 3,692,721 | 1,499,790 | |||
| Total net assets | 3,692,721 | 1,499,790 | |||||
| Charity funds | |||||||
| Endowment | funds | 14 | 3,661,352 | 1,474,790 | |||
| Unrestricted | funds | 14 | 31,369 | 25,000 | |||
| Total funds | 3,692,721 | 1,499,790 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2022 6 |
2022f | 2021f | ||||
| Income | from | listed | investments | 12,023 | 12,023 | 15,327 |
| Income | from | land | held | 15,319 | 15,319 | 16,205 |
| Interest | from | bank | accounts | 221 | 221 | 204 |
| 27,563 | 27,563 | 31,736 |
| Income | from land held is derived from the following so | urces:- | |
|---|---|---|---|
| 2022 | 2021f | ||
| Income | from grass lettings | 5,434 | 4,814 |
| Rural Farm Agency single payment | 9,885 | 10,391 | |
| Network | Rail access payment | 1,000 | |
| 15,319 | 16,205 |
| Unrestricted | Endowment | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2022 | 2022f | 2022 | ||||
| Investment | management | costs | 14,049 | 14,049 | ||
| Land management | costs | 2,687 | 2,687 | |||
| 2,687 | 14,049 | 16,736 | ||||
| Unrestrioled | Endowment | Total | ||||
| funds | funds | funds | ||||
| 2021f | 2021f | 2021f | ||||
| Investment | management | costs | 13,381 | 13,381 | ||
| Land management | costs | 3,239 | 3,239 | |||
| 3,239 | 13,381 | 16,620 |
| Grants to | Total | ||||||
|---|---|---|---|---|---|---|---|
| Institutions | funds | ||||||
| 2022 | 2022f | ||||||
| Grants | paid | in | the | year | |||
| Grants to | Total | ||||||
| institutions | funds | ||||||
| 2021f | 2021f | ||||||
| Grants | paid | in | the | previous | year | 100,000 | 100,000 |
| 2022 6 |
2021f | ||||
|---|---|---|---|---|---|
| The | Childrens | Hospital | Society | 100,000 | |
| 100,000 |
| Unrestricted | Total | Total |
|---|---|---|
| funds | funds | funds |
| 2022 f. |
2022f | 2021f |
| 18,507 | 18,507 | 117,466 |
| Support | Total |
|---|---|
| costs | funds |
| 2022f | 2022f |
| 18,507 | 18,507 |
| Grant | ||||
|---|---|---|---|---|
| funding oi | Support | Total | ||
| activities | costs | funds | ||
| 2021f | 2021f | 2021f | ||
| All | activities | 100,000 | 17,468 | 117,468 |
| Allocated to | |||||
|---|---|---|---|---|---|
| grant | Total | Total | |||
| activities | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| E | 8 | 6 | |||
| Legal and professional | costs | 9,024 | 9,024 | 7,150 | |
| Independent | examiners | fees | 540 | 540 | 525 |
| Governance | costs | 8,943 | 8„943 | 9,793 | |
| 18,507 | 18,507 | 17,468 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 8 | 5 | ||||||||
| Accountancy | and secretarial | costs | 8,940 | 9,790 | |||||
| Bank charges | 3 | 3 | |||||||
| 8,943 | 9,793 | ||||||||
| Independent | examiner's | remuneration | |||||||
| 2022 | 2021 | ||||||||
| E | |||||||||
| Fees payable | to the charitable | company's | independent | examiner | for the | ||||
| independent | examination | ofthe charitable | company's | annual | accounts | 525 |
| Freehold | |
|---|---|
| investment | |
| property | |
| Valuation | |
| At 1 February 2021 | 220,000 |
| Surplus on revaluation | 2,145,000 |
| At 31 January 2022 | 2,365,000 |
| Cash | |||
|---|---|---|---|
| deposits | |||
| with | |||
| Listed | investment | ||
| investmentsf | managerf | Totalf | |
| Cost or valuation | |||
| At 1 February 2021 | 1,204,844 | 27,829 | 1,232,673 |
| Additions | 448,162 | 463,716 | 911,878 |
| Disposals | (451,112) | (474,638) | (925,750) |
| Revaluations | 55,611 | 55,611 | |
| At 31 January 2022 | 1,257,505 | 16,907 | 1,274,412 |
| Net book value | |||
| At 31 January 2022 | 1,257„505 | 16,907 | 1,274,412 |
| At 31January 2021 | 1,204,844 | 27,829 | 1,232,673 |
| Investments | which are all held | in the UK at market value | comprise: | |
|---|---|---|---|---|
| 2022f | 2021f | |||
| Investment in |
shares | 1,257,505 | 1,204,844 | |
| Cash deposits | held by investment | manager | 16,997 | 27,829 |
| Total market | value | 1,274,412 | 1,232,673 |
| 2022 6 |
2027f | ||||
|---|---|---|---|---|---|
| Material of5%of |
investments are deemed to be those with the total value offixed asset investment |
a fair value greater and are set out |
|||
| below: | |||||
| Vanguard | S&P500 UCITS ETF | USD | 64,783 | ||
| JPMorgan | America Equity Fund |
I USD | 75,656 | ||
| MU Lyxor | Core US | 74,312 | 85,973 | ||
| 0.125%UK Treasury Stock | 60,918 | ||||
| JPMorgan | America Equity Fund |
C USD | 68,678 | ||
| 214,751 | 195,569 |
| 2022f | 2021f |
|---|---|
| 17,184 | 16,407 |
| 2022f | 2021f | ||||||
|---|---|---|---|---|---|---|---|
| Financial | assets | ||||||
| Financial | assets measured | at fair value through | income and expenditure | 1,257,505 | 1,204,846 | ||
| 2022 | 2021 | ||||||
| 5 | |||||||
| Financial | liabilities | ||||||
| Financial | liabilities | measured | at amortised | cost | 12,522 | 16,407 |
| Balance at | 1 | Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| February | Gains/ | 31January | ||||||||
| 2021f | Income f |
Expenditure | f | (Losses) | 2022 | |||||
| Unrestricted | funds | |||||||||
| General Funds | 25,000 | 27,563 | (21,194) | 31,369 | ||||||
| Endowment | funds | |||||||||
| Endowment | Fund | 1,474,790 | (14,049) | 2,200,611 | 3,661,352 | |||||
| Total offunds | 1,499,790 | 27,563 | (35,243) | 2,200,611 | 3,692,721 | |||||
| Statement offunds | - prior year | |||||||||
| Balance at | Balance at | |||||||||
| 1February | Transfers | Gainsr | 31January | |||||||
| 2020f | Income f |
Expenditure | f | infoutf | (Losses) | 2021 | ||||
| Unrestricted | ||||||||||
| funds | ||||||||||
| General Funds | 25,000 | 31,736 | (120,707) | 88,971 | 25,000 | |||||
| Endowment | ||||||||||
| funds | ||||||||||
| Endowment | ||||||||||
| Fund | 1,524,122 | (13,381) | (88,97'I) | 53,020 | 1,474,790 | |||||
| Total offunds | 1,549,122 | 31,736 | (134,088) | 53,020 | 1,499,790 |
| Analysis of | net assets between funds - cur | rent year | ||
|---|---|---|---|---|
| Unrestricted | Endowment | Total | ||
| funds | funds | funds | ||
| 2022 f |
2022 f |
2022f | ||
| Fixed asset | investments | 1,274,412 | 1,274,412 | |
| Investments | - land | 2,365,000 | 2,365,000 | |
| Current assets | 48,553 | 21,940 | 70,493 | |
| Creditors due within one year | (17,184) | (17,184) | ||
| Total | 31,369 | 3,661,352 | 3,692,721 |
| Analysis of | net assets between funds - prio | r year | ||
|---|---|---|---|---|
| Unrestricted | Endowment | Total | ||
| funds | funds | funds | ||
| 2021 | 2021f | 2021f | ||
| Fixed asset | investments | 1,232,673 | 1,232,673 | |
| Investments | - land | 220,000 | 220,000 | |
| Current assets | 41,407 | 22,117 | 63,524 | |
| Creditors due within one year | (16,407) | (16,407) | ||
| Total | 25,000 | 1,474,790 | 1,499,790 |