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|||PAGE|
|---|---|---|
|Annual
Report||1-7|
|Report ofthe Auditors||8-9|
|Statement of Financial|Activities|10|
|Balance Sheet|||
|Notes to the Accounts||12-19|
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|STATEMENT OF FINANCIAL ACT
FOR THE YEAR ENDED 30 JUNE|IVITIES
2022||||||||
|---|---|---|---|---|---|---|---|---|
||||Income|Designated|Restricted|Permanent|Total|Total|
||||Account|Funds|Fund|Endowment|2022|2021|
||||8|5|5|5|5|5|
|Income and Endowments
from:|||||||||
|Charitable
Activities|||||||||
|Maintenance
Contributions|||240,002||||240,002|244,301|
|Investments|||||||||
|Income from Listed Investments|||92,071|1,606|||93,677|96,908|
|Bank Deposit Interest
Rental Income|||337
119,328|392|||729
119,328|97
114,679|
|Donations
and Legacies|||970||||970||
|Other Trading Activities
Car Park Income|||1,139||||1,139|2,545|
|Totallncome|||453,847|1,998|||455,845|458,530|
|Expenditure|||||||||
|Charitable
Activities|||||||||
|Almshouse
Running
Costs
Grants Payable
Other Costs||3
5
4|318,929
761
34,016|119,238|3,794|25,545|467,506
761
34,016|352,925
3,340
50,989|
|Raising Funds
Investment
Property
Management
Investment
Management
Charges
Car Park Operating
Costs
Total|Expenditure||23,187
376,893|1,240
120,478|3,794|24,401
49,946|23,187
25,641
551,111|19,562
23,522
851
451,189|
|Net Gains/(Losses)
on Investments
Realised - Listed Investments
Unreaksed - Listed Investments||12
12||18,557
(21,228)||58,925
(393,221)|77,482
(414,449)|53,670
645,153|
|Unrealised
—Investmenl
Property
Net incomei(Expenditure)||12
8|76,954|(121,151)|(3,794)|2 099,000
1,714,758|2099,000
1,666,767|706,164|
|Transfers
between
Funds|||80,000|80,000|||||
||||(3,046)|(41,151)|(3,794)|1,714,758|1,666,767|706,164|
|Net Movement
In Funds|||(3,046)|(41,151)|(3,794)|1,714,758|1,666,767|706,164|
|Reconcgiatlon
ofFunds:
Balances brought
forward
Balances cerned
forward|||2,894,870
2,891,824|844,565
803,414|208,712
204,918|12,812,581
14,527,339|16,760,728
18,427,495|16,054,564
16,760,728|
##
|30JUNE 2|022||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||2022||2021||
||||||Notes||f||E|6|
|Fixed Assets|||||||||||
|Tangible
Fixed Assets||||||10||5,426,519||5,494,491|
|Chapel
Investments||||||11
12||Not valued
12,192,843||Not valued
11,026,091|
|||||||||17,619,362||16,520,582|
|Current Assets|||||||||||
|Debtors||||||13|37,547||49,349||
|Cash at Bank and||in|Hand||||854,644||268,088||
||||||||892,191||317,437||
|Less:|||||||||||
|Creditors:|Amounts||falling|due within|||||||
|||||one year||14|42,869||35,666||
|Net Current Assets||||||||849,322||281,771|
|Total Assets less||Current||Liabilities|||||||
|Creditors:|Amounts||falling|due after|||||||
||more than|||one year||15||41,189||41,625|
|||||||||18,427,495||16,760,728|
|Capital and Reserves
Permanent
Endowment||||||17||14,527,339||12,812,581|
|Restricted|Funds|||||||204,918||208,712|
|Designated|Funds|||||16||803,414||844,565|
|Income Account||||||||2,891,824||2,894,870|
|||||||||18,427,495||16,760,728|
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|3.Almshouse
Running
Costs||||||
|---|---|---|---|---|---|
||Income|Other|Designated|Total|Total|
||Account
6|Funds
f|Funds
f|2022
6|2021
6|
|Rates and Insurance|31,705|||31,705|22,658|
|Heating
and Lighting|37,320|||37,320|25,598|
|Staff Costs and Contractors|18,646|||18,646|13,122|
|Upkeep of Grounds|29,443|||29,443|41,551|
|Repairs and Renewals|42,786||44,995|87,781|66,701|
|Architects and Surveyors Fees|6,233||1,627|7,860|14,066|
|Refurbishment
of Master's House|||72,616|72,616||
|Sundries|31,863|||31,863|24,230|
|Other Benefits for Residents|4,899|||4,899|2,343|
|Master's Stipend and Expenses|17,401|||17,401|20,570|
|Chapel Expenses|11,767|||11,767|10,283|
|Depreciation|22,397|29,339||51,736|51,736|
|Amount
written
off Property
Improvements|16,236|||16,236|16,236|
|Loan Interest|5,590|||5,590|5,646|
|Bursar & Manager's
Salaries|33,573|||33,573|30,854|
|Office Expenses
inc Telephone|9,070|||9,070|7,331|
||318,929|29,339|119,238|467,506|352,925|
|Restricted
Funds||3,794||||
|Permanent
Endowment||25,545||||
|||29,339||||
##
##
|4.Other Costs|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||||||2022|2021|
|||||||||6|
|Bursar and Manager's||Salaries|||||14,389|13,223|
|Audit and Accountancy|||||||9,732|8,976|
|Trustee
Indemnity
Insurance|||||||3,766|2,459|
|Sundry Expenses
Legal Fees
Office Expenses
Bank Charges|||||||3,719
2,268
142
34,016|5,889
18,390
1,833
219
50,989|
|5.Grants Payable|||||||||
||||||||2022
6|2021
f|
|Abbots Bromley Hospital||||||||3,000|
|Grants to individuals|||||||761|340|
||||||||761|3,340|
|6.Employee
Information|||||||2022|2021|
|The average weekly|number|||of persons employed||during the|||
|year, based on a full|time||equivalent||basis was:||||
|Office Staff|||||||1|1|
|Master and Other staff|||||||2|2|
||||||||3|3|
|Staff costs are as follows;|||||||||
|Wages and Salaries
Social Security|||||||60,832
316|66,508
271|
|Defined Benefit Pension|||Contributions||||600|4,522|
|Defined
Contribution|Pension|||contributions|||1,706|1,610|
||||||||63,454|72,911|
##
##
##
|9.Net Incoming Resou|rces|for|the Year a|re sta|ted after|charging:|||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||E|E|
|Amounts
written
off Property||Improvements|||||16,236|16,236|
|Depreciation
- Freehold
Depreciation
- Leasehold|Property
Property||||||44,500
7,236|44,500
7,236|
|Auditors
Remuneration:|||||||||
|In their capacity as auditors
Other services|||||||5,400
4,332|4,600
4,376|
|Trustee
Indemnity
Insurance|||||||3,766|2,459|
|Interest payable
on loan|wholly or partly repayable
more than five years||||in||5,590|5,646|
|10.Tangible Fixed Assets|||||||||
||||Freehold|Property||Leasehold|||
||||Land &|Improvements||Housing|2022|2021|
||||Buildings|||Properties|||
||||E||E|E|E|E|
|Costat1 July2021|||5,241,123||1,260,056|549,964|7,051,143|7,051,143|
|Cost at 30June 2022|||5,241,123||1,260,056|549,964|7,051,143|7,051,143|
|Depreciation
at 1 July 2021
Charge for the year
Depreciation
at 30June 2022|||178,000
44,500
222,500||1,226,696
16,236
1,242,932|151,956
7,236
159,192|1,556,652
67,972
1,624,624|1,488,680
67,972
1,556,652|
|Net Book Value 30June|2022||5,018,623||17,124|390,772|5,426,519|5,494,491|
##
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|12.Investments||||
|---|---|---|---|
|||2022f|2021|
|Listed Investments||3,662,740|4,571,297|
|Investment
Portfolio Cash||50,103|73,794|
|Investment
Property||8,480,000|6,381,000|
|||12,192,843|11,026,091|
|UK Listed Investments||||
|Market Value at 1 July 2021
Additions
at cost||4,571,297
772,780|3,603,143
1,293,363|
|Disposals
during the year
Profit/(loss)
on disposal||(1,344,370)
77,482|(1,024,032)
53,670|
|Net unrealised
investment|gains/(losses)|(414,449)|645,153|
|Market Value at 30June 2022||3,662,740|4,571,297|
|Cost at 30June 2022||3,211,844|2,883,489|
|Held as to:||||
|Endowment
Fund||3,486,782|3,926,634|
|Building
Fund
Extraordinary
Repair Fund||175,958
3,662,740|197,263
447,400
4,571,297|
|Investment
Property||||
|||2022|2021|
||||F|
|Porffolio Valuation
at 1 July 2021||6,381,000|6,381,000|
|Unrealised
gain on revaluation
Porffolio valuation
at 30June 2022||2,099,000
8,480,000|6,381,000|
|Unrealised
gains included
Endowment
Fund|above:|5,319,848|3,220,848|
##
##
|13.Debtors|||
|---|---|---|
||2022|2021|
||E|8|
|Amounts
falling due within one year:|||
|Rental income|13,816|10,312|
|Prepayments
Accrued income|14,855
6,581|31,444
3,593|
|Other debtors|2,295|4,000|
||37,547|49,349|
|14.Creditors|||
|Amounts
falling due within one year:|||
|Rental income|10,658|10,282|
|Other creditors and accruals|32,211|25,384|
||42,869|35,666|
|15.Creditors|||
|Amounts
falling due after more than one year:
Loan (secured) due 1-5 years
Loan (secured) due more than 5 years|2,880
38,309
41,189|2,680
38,945
41,625|
##
|16.Designated
Funds||||||
|---|---|---|---|---|---|
|||Cyclical|Extraordinary|Building
Fund|Total|
|||Maintenance
E|Repairs|2022
f|2022
8|
|Balance at 1 July 2021
Investment
Income||194,132|447,418|203,015
1,606|844,565
1,606|
|Bank Deposit Interest
Realised gain/ (loss) on disposal||392|23,033|(4,476)|392
18,557|
|Unrealised
Gains/(Losses)|on|||||
|revaluation||||(21,228)|(21,228)|
|Transfer from Income Account||50,000|30,000||80,000|
|||244,524|500,451|178,917|923,892|
|Expenditure
during
the year
Balance at 30June 2022||46,622
197,902|72,616
427,835|1,240
177,677|120,478
803,414|
##
|ST JOHN'S LICHFIELD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022|ST JOHN'S LICHFIELD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022|ST JOHN'S LICHFIELD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022|||||
|---|---|---|---|---|---|---|
|16.Designated
Funds (continued)|||Cyclical|Extraordinary|Building|Total|
||||Maintenance|Repairs|Fund|2021|
||||8||8||
|Balance at 1 July 2020
Investment
Income|||213,559|375,229
15,137||588,788
15,137|
|Bank Deposit Interest
Unrealised
Gains/(Losses)
revaluation|on|||57,052|3,334|81
0
60,386|
|Transfer from Income Account|||40,000||200,000|240,000|
||||253,640|447,418|203,334|904,392|
|Expenditure
during
the year
Balance at 30June 2021|||59,508
194,132|447,418|319
203,015|59,827
844,565|
|17.The assets and liabilities ofthe Charity|||are represented|by the funds as detailed|||
|||Total|Permanent|Restricted|Designated|Income|
|||2022f|Endowment
6|Funds|Funds
E|Account
E|
|Tangible
Fixed Assets
Investments||5,426,519
12,192,843|2,426,789
12,014,900|204,918|177,943|2,794,812|
|Debtors||37,547||||37,547|
|Cash at Bank and
in Hand||854,644|91,247||625,754|137,643|
|Creditors: Within one year
Creditors:More
than one year||(42,869)
(41,189)
18,427,495|(5,597)
14,527,339|204,918|(283)
803,414|(36,989)
(41,189)
2,891,824|
|||Total|Permanent|Restricted|Designated|Income|
|||2021|Endowment|Funds|Funds|Account|
||||E|6|||
|Tangible
Fixed Assets
Investments||5,494,491
11,026,091|2,452,334
10,375,375|208,712|650,716|2,833,445|
|Debtors||49,349||||49,349|
|Cash at Bank and
in Hand||268,008|(8,919)||194,168|122,839|
|Creditors: Within one year
Creditors:More
than one year||(35,666)
(41,625)
16,800,728|(6,209)
12,812,581|208,712|(319)
844,565|(29,138)
(41,625)
2,934,870|
##
##
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##
|20 Statement of Financial|Activitie|s
-compar|ative|s|||||
|---|---|---|---|---|---|---|---|---|
|||||Income|Designated|Restricted|Permanent|Total|
|||||Account|Funds|Fund|Endowment|2021|
|||||6|||||
|Income and Endowments|from:||||||||
|Charitable
Activities|||||||||
|Maintenance
Contributions||||244,301||||244,301|
|Investments|||||||||
|Income from Listed Investments||||78,572|15,137||3,199|96,908|
|Bank Deposit Interest
Rental Income||||16
114,679|81|||97
114,679|
|Donations
and Legacies|||||||||
|Other Trading
Activities
Car Park Income||||2,545||||2,545|
|Total Income||||440,113|15,218||3,199|458,530|
|Expenditure|||||||||
|Charitable
Activities|||||||||
|Almshouse
Running
Costs||||264,078|59,508|3,794|25,545|352,925|
|Grants Payable
Other Costs||||3,340
50,989||||3,340
50,989|
|Raising Funds
Investment
Property
Management
Investment
Management
Charges
Car Park Expenditure||Expenditure||19,562
851|319||23,203|19,562
23,522
851|
|Total||||338,820|59,827|3,794|48,748|451,189|
|Net Gains/(Losses)
on Investments|||||||||
|Realised - Listed Investments|||12||||53,670|53,670|
|Unrealised
- Listed Investments|||12||60,386||584,767|645,153|
|Net Income/(Expenditure)||||101,293|15,777|(3,794)|592,888|706,164|
|Transfer between
funds||||240,000|240,000||||
|Net Movement
in Funds||||(138,707)|255,777|(3,794)|592,888|706,164|
|Reconciliation
ofFunds:|||||||||
|Balances brought
forward
Balances carried forward||||3,033,577
2,894,870|588,788
844,565|212,506
208,712|12,219,693
12,812,581|16,054,564
16,760,728|