2022-03-31-accounts

		Page
Chairman's statement
Trustees' report		2-5
Independent auditor's	report	6-8
Statement offinancial	activities
Balance sheet		10
Notes to the financial	statements	11-18

			Unrestricted	Restricted	Total	Total	Restricted	Total
			funds	funds	funds	funds	funds	funds
		Notes	2022 f	2022	2022	2021 8	2021	2021 6
Donations and	grants		110,572		110,572	23.632		23,632
Charitable acbvities			537,135		537,135	382,925		382,925
Investments			32,872		32,872	45,303		45,303
Other income			500		500	10,187		10,187
Totalincome			681,079		681,079	462,047		462,047
Eauggtugtragtb
Charitable activities		7	599,557		599,557	523,329		523,329
Net (expenditure)fincome
for the year)
Net movement	in funds		81,522		81,522	(61,282)		(61,282)
Fund balances	at 1
April 2021			6,868,330	200,000	7,068,330	6,929,612	200,000	7,129.983
Current year
revaluation
Fund balances	at 31
INarch 2022			6,949,852	200,000	7,149,852	6,868,330	200,000	7,068,330

						2022	2021
					Notes	E	E
Fixed assets
Tangible assets					10	17,680,381	17,710,174
Current assets
Debtors						33,397	5,342,745
Cash at bank and		in	hand			995,103	1,059,323
						1,028,500	6,402,068
Creditors:	amounts		falling	due within
one year					12	(39,765)	(125,278)
Net current	assets					988,735	6,276,790
Total assets less		current		liabiliTies		18,669,116	23,986,964
Creditors:	amounts		falling	due after
mors than	ona year					(11,519,264)	(16,918,634)
Net assets						7,149,852	7,068,330
Income funds
Restncted	funds					200,000	200,000
General unrestricted			funds			6,949,853	6,635,701
Revaluation	reserve					232,629	232,629
						7,149,852	7,068,330

					Unrestricted	Restricted	Total	Total
					funds	funds	2022	2021
					generalf
Friends	of Calpe	House			27,952		27,952	9,782
Gibraltar	Health	Authority	("GHA")		82,620		82,620	13,850
HM Government		of Gibraltar		("HMGoG")
					110,572		110,572	23,632

4	Charitable	activiTie	s
				2022 f	2021f
	Charitable	activities	(room charges)	537,135	382,925
5	investments
				2022	2021f
	Interest receivable			32,872	45,303

6	Other income
						2021f
	Deferred income
	Other income receivable			from GHA	500	10,187
					500	10,187
7	Charitable activities
					2022f	2021 8
	Employment and staff costs Depreciation and impairment				268,082 57,055	283,767 52,966
	Rates				29,268	2,283
	Insurance				17,365	20,669
	Electricity, gas and water Repair, maintenance and facilities management Postage, stationery and minor office equipment				34,990 26,638 8,199	26,082 32,881 6,072
	Telephone and fax Travelling expenses Legal and professional Auditors' remuneration				6,146 1,113 12,900 10,146	3,320 563 36,997 8,495
	Accountancy fees				3,200	2,500
	Payroll administration		fees		721	655
	Cleaning				9,997	7,782
	Bank charges				686	530
	Subscriptions				737	562
	Sundry expenses Security expenses				17,447 8,636	9,780 12,368
	Computer and IT support				3,609	1,207
	Covid related costs	(see		note 3)	82,621	13,850
					599,557	523,329
	Unrestricted funds				599,557	523,329
8	Trustees'

			2022	2021
			Number	Number
				10
Employment	costs		2022 6	2021 6
Wages, salaries Social security		and staff costs costs	243,561 19,132	258,477 20,053
Staff training			500	217
Pension costs			4,889	5,020
			268,082	283,767

Tangible fix	ed assets
			Land and	Furniture,	IT and other	Total
			buildings	fixlures, iltfings 8	equlprrrsnt	Restated
				equipment
				6
CostIValuafion
At 1 April 2021			17,500,000	327,391	25,715	17,853,106
Additions				26,004	1,258	27,262
At 31 March	2022		17,500,000	353,395	26,973	17,880,368
Depmciation	and impairment
At 1 April 2021				131,974	10,958	142,932
Depreciation	charged	in the year		53,009	4,046	57,055
At 31 March	2022			184,983	15,004	199,987
Carrying amount
At 31 March	2022		17,500,000	168,412	11,969	17,680,381
At 31 March	2021		17,500,000	195,417	14,757	17,710,174

Debtors
								2022	2021
Amounts falling due			within one	year:				f	f
Deposit and deferred			consideration	on sale ofproperty		(Princess Square)			5,254,700
Amount owed		by HM	Govemrnent	of Gibraltar
Due from Gibraltar Health Authority								24,685	59,167
Other debtors								170	16,605
Prepayments		and accrued income						8,542	12,273
								33,397	5,342,745
The deferred	consideration on sale of Princess Square					was received	in June 2022.
Creditors: amounts			falling due within		one year
								2022f	2021f
Trade creditor								11,950
Other taxation		and social security						6,268	5,799
Due to Fiends		ofCalpe House						1,216	5
Other creditors									98,697
Accruals and		deferred	income					20,331	20,777
								39,765	125,278

14	Analysis	of net assets between funds	of net assets between funds	of net assets between funds
			Unrestricted	Restricted	Total funds	Unrestricted	Restricted	Total funds
			funds	funds		funds	funds
			2022 6	2022 6	2022 f	2021 8	2021 E	2021
		'
	Fund balances at
	31 March	2022 are
	represented by:
	Tangible assets		17,680,381		17,680,381	17,710,174		17,710,174
	Current assetsf
	(liabilities) Long term	liabilities	788,735 (11,519,264)	200,000 —	988,735 (11,519,264)	6,076,790 (16,918,634)	200,000	6,276,790 (16,918,634)
			6,949,852	200,000	7,149,852	6,868,330	200,000	7,068,330