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|||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|
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||||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|
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|||||||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|
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||||||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|
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|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'||||||
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||||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|
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|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|
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|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|
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