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2022-03-31-accounts

		Page
Report ofthe Trustees	I	to	6
Report ofthe Independent Auditors	7	to	9
Statement ofFinancial Activities		10
Balance Sheet
Notes to the Financial Statements	12	to	16
Detailed Statement ofFinancial Activities	17	to	18

						2022	2021
			Unrestricted	Restricted	Endowment	Total	Total
			ftmtl	fund	fund	funds	funds
		Notes
INCOME AND ENDOWMENTS
FROM
Donations and legacies			240			240	239
Charitable activities
Accommodation Provision			210,205			210,205	209,906
Investment income			2,911			2,911	3,228
Other income			450			450	I
Total			213,806			213,806	213,374
EXPENDITURE ON
Raising funds			1,994			1,994	2,551
Charitable activities
Accommodation Provision			247,502			247,502	197,675
Total			249,496			249,496	200,226
Net gains on investments			2,849			2,849	41,855
NKT
INCOME/(EXPENDITURE)			(32,841)			(32,841)	55,003
RECONCILIATION	OF FUNDS
Total funds brought	forward		372,633		5,000,000	5,372,633	5,317,630
TOTAL FUNDS CARRIED
FORWARD			339,792		5,000,000	5,339,792	5,372,633

						2022	2021
			Unrestricted	Restricted	Endowment	Total	Total
			fund	fund	fund	funds	funds
		Notes
FIXEDASSETS
Tangible assets			2,798		5,000,000	5,002,798	5,003,232
Investments			199,337			199,337	195,317
			202,135		5,000,000	5,202,135	5,198,549
CURRENT ASSETS
Debtors			8,709			8,709	6,433
Cash at bank and in hand			147,697			147,697	182,669
			156,406			156,406	189,102
CREDITORS
Amounts falling due within	one year	10	(18,749)			(18,749)	(15,018)
NET CURRENT ASSETS			137,657			137,657	174,084
TOTAL ASSETSLESS
CURRENT LIABILITIES			339,792		5,000,000	5439,792	5,372,633
NKT ASSETS			339,792		5,000,000	5,339,792	5,372,633
FUNDS
Unrestricted funds						339,792	372,633
Endowment funds						5,000,000	5,000,000
TOTAL FUNDS						5,339,792	5,372,633

INVKSTMKNT INCOME	INVKSTMKNT INCOME	INVKSTMKNT INCOME
						2022	2021
Investment income						2,897	3,177
Deposit account interest						14	51
						2,911	3,228
RAISING FUNDS
Investment management		costs
						2022	2021
Portfolio management						1,994	2,551
AUDITORS' REMUNERATION
						2022	2021
Fees payable to the charity's			auditors for the audit ofthe charity's	financial	statements	3,000	2,500
Auditors' remuneration	for	non audit work				2,598	4,578

STAFF' COSTS
			2022	2021
Wages and salaries			85,511	86,999
Social security costs			4,360	4,110
Other pension costs			5,262	5,438
			95,133	96,547
The average monthly	number ofemployees	during the year was as follows:
			2022	2021
Administration			I	1
Maintenance			2	2

TANGIBLE FIXEDASSETS
	Freehold	Plant and	Motor
	property	machinery	vehicles	Totals
COST
At I April 2021	5,000,000	10,752	5,388	5,016,140
Additions		1,344		1,344
Disposals		(1,080)	(5,388)	(6,468)
At 31March 2022	5,000,000	11,016		5,011,016
DEPRECIATION
At I April 2021		8,682	4426	12,908
Charge for year		441	248	689
Eliminated on disposal		(905)	(4,474)	(5479)
At 31March 2022		8,218		8,218
NKT BOOKVALUE
At 31March 2022	5,000,000	2,798		5,002,798
At 31March 2021	5,000,000	2,070	1,162	5,003,232

0'IXED ASSETINVESTMENTS
	Listed
	investments
	f.
MARKET VALUE
At I April 2021	195,317
Additions	48,126
Disposals	(46,955)
Revaluations	2,849
At 31March 2022	199,337
NET BOOKVALUE
At 31March 2022	199,337
At 31March 2021	195,317

	2022	2021
UK Bonds	20,483	24,626
Overseas Bonds	7,919	3,383
UK Equities	48,043	50,309
North American Equities	57,619	48,692
European Equities	9,866	9,334
Japanese Equities	7,169	6,401
Asia Pacific Equities	9,509	14,030
Emerging Market Equities	3,704	3,749
Global Investments	13,635	15,660
Absolute Return	10,770	13,879
Property	5,863	5,254
Commodities	4,757
	199&337	195,317

9.	DEBTORS:	A	MOUNTS FALLING DUK WITHIN ONE YEAR
				2022	2021
	Trade debtors			756	(1,228)
	Prepayments	and accrued income		7,953	7,661
				8,709	6,433
10.	CRKDITORSt		A.MOUNTS FALLING DUE WITHIN ONE YEAR
				2022	2021
	Trade creditors			14	7,451
	Taxation and	social security		1,777	2,412
	Other creditors			16,958	5,155
				18,749	15,018

			2022	2021
INCOME AND ENDOWMENTS
Donations and legacies
Donations and legacies			240	239
Investment income
Investment income			2,897	3,177
Deposit account interest			14	51
			2,911	3,228
Charitable activities
Rental income bungalows			151,787	165,549
Rental income other			50,072	40,071
Recharges			8446	4,286
			210405	209,906
Other income
Gain on sale oftangible		fixed assets	75
Other income			375
			450
Total incoming resources			213,806	213,374
EXPENDITURE
Investment management		costs
Portfo!io management			1,994	2,551
Charitable activities
Wages			85,511	86,999
Social security			4,360	4,110
Pensions			5,262	5,438
Rates and water			16,262	11,861
Insurance			8,867	8,505
Light and heat			2,230	889
Telephone			911	951
Postage and stationery			1,079	500
Sundries			2,623	926
Property and grounds	repairs		50,461	38,641
Motor and travel			276	1,234
Safety clothing			778	990
Lifeline fees &clinic	expense		1,279	1,297
Life assurance			60	60
Cleaning and laundry			552	339
Office equipment maintenance			2,088	1,171
Donations and grants	given			90
Consultancy fees			20,800
Redundancy payment			7,079
Carried forward			210,478	164,001

			2022	2021
Charitable activities
Brought forward			210,478	164,001
Plant and machinery			441	690
Motor vehicles			248	387
Loss on sale oftangible		fixed assets	616
			211,783	165,078
Support costs
Finance
Bank charges			255	197
Governance costs
Auditors' remuneration			3&000	2,500
Auditors' remuneration		for non audit work	2,598	4,578
Legal and professional		fees	29,866	25,322
			35,464	32,400
Total resources expended			249,496	200,226
Net (expenditure)/income		before gains and losses	(35,690)	13,148
Realised recognised	gains and losses
Realised gains/(losses)	on fixed asset investments		2,849	41,855
Net (expenditure)/income			(32,841)	55,003