|||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|
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|||||||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|
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|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|
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|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|
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|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|
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|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|
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||||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|