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|||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|
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|||||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|
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||||||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|
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|||||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|
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|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|
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|||||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|
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|||||||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|
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|||||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|
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||||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|
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|||||||||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|
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||Freehold|
|---|---|
||investment|
||property|
|Valuation||
|At 1 February 2021|220,000|
|Surplus on revaluation|2,145,000|
|At 31 January 2022|2,365,000|
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|||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|
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|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|
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|||||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|
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|2022f|2021f|
|---|---|
|17,184|16,407|
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|||||||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|
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||||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|
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|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|
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