2022-06-30-accounts - Golden Sunset Trust

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Report ofthe Trustees		1	to	3
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		6to7
Notes to the Financial Statements		8	to	15
Oetalled Statement of Financial Activities		16	to	17

forthe Per	iod 1 Jun	e 2021 to30June 2	022
				Period
				1.6.21
				to	Year Ended
				30.6.22	31.5.21
				Unrestricted	Total
				funds	funds
			Notes	F	E
INCOIIE AND ENDOWMENTS FROII
Investment	income			28,454	~24 927
EXPENDITURE ON
Raising funds				12,668	9,811
Charitable	activities
individual	grants			2,600	2,640
Institutional	grants			58,992	10,620
Other				799	782
Total				~75059	23,853
Net gains	on investments			60,982	~81206
NET INCOME				14,377	82,280
RECONCILIATION		OF FUNDS
Total funds brought forward				944,809	862,529
TOTAL FUNDS CARRIED FORWARD				959,186	944,809

Balance Sheet 30June 2022
		30.6.22	31.5.21
		Unrestricted	Total
		funds	funds
	Notes	6
FIXEDASSETS
Investments
Investments		538,346	629,054
Investment property		320,000	220,000
Social investments		88,077	88077
		946,423	937,131
CURRENT ASSETS
Prepayments and accrued income		1,485	443
Cash at bank		12077	8017
		13,562	8,460
NET CURRENT ASSETS		13582	8,460
TOTAL ASSETSLESSCURRENT
LIABILITIES		959,985	945,591
ACCRUALS AND DEFERRED INCOME	10	(799)	(782)
NET ASSETS		9511186	944809

	Investment	Investment	management	management	management
							Period
							1.6.21
							to	Year Ended
							30.6.22	31.5.21
								f
	Porffolio management						8,886	6,524
	Administrative			expenses			80
	Rent collection						1,865	1,570
	Property repairs						1,145	1,073
	Insurance	investment			property		692	644
							12668	9811
4.	GRANTS	PAYABI.E
							Period
							1.6.21
							to	Year Ended
							30.6.22	31.5.21
							8	K
	Individual	grants					2,600	2,640
	Institutional	grants					~58992	10,620
							61 592	~13260
	The total grants			paid to institutions		during the period was as follows:
							Period
							1.6.21
							to	Year Ended
							30.6.22	31.5.21
							K	E
	Hope Trust						52,492	4,790
	Walton Parish			Nursing			3,250	2,830
	Capel Padish		Nurses				~3250	~3000
							58,992	~10620

ACCRU	ALS	AND DE	FERRED INCOME
				30.6.22	31.5.21
					E
Accruals	and	deferred	income	799	782

Net mov	emen	t in funds, included	in the above are as f	ollows:
			Incoming	Resources	Gains and	Movement
			resources f	expended f	losses f	in funds f
Unrestricted		funds
General	fund		28,454	(75,059)	164,735	118,130
Revaluation		Reserve			(103,753)	(1~03753)
			28,454	~75059	~60982	14,377
TOTAL	FUNDS		28454	~75,059)	60,982	14377

Comparative	net movement in f	unds, included in the a	bove are as fol	lows:
		Incoming	Resources	Gains and	Movement
		resources f	expended f	losses	in funds f
Unrestricted	funds
General fund		24,927	(23,853)	9,158	10,232
Revaluation	Reserve			72,048	~72 048
		24,927	~23853	81,206	~82280
TOTAL FUNDS		24 927	(23,853)	81 206	82,280

Detailed Statement of Fina for the Period 1 June 2021	ncial Activities to30June 2022
		Period
		1.6.21
		To	Year Ended
		30.6.22	31.5.21
		E
INCOME AND ENDOWMENTS
Investment income
Rents received		13,945	12,180
Rent rec'd program development		104
Dividends received		14,362	12,747
Deposit account interest		43
		~28454	~24 927
Total incoming resources		28,454	24,927
EXPENDITURE
Investment management	costs
Portfolio management		8,886	6,524
Administrative expenses		80
Rent collection		1,865	1,570
Property repairs		1,145	1,073
Insurance investment property		692	644
		12,668	9,811
Charitable activities
Grants to institutions		58,992	10,620
Grants to individuals		2,600	~2640
		61,592	13,260
Supportcoets
Governance costs
Independent examiner		799	782
Total resources expended		~75059	~23853
Net (expenditure)/income	before gains
and losses		(46,605)	1,074