| Notestothefinancialstatements | Notestothefinancialstatements | |
|---|---|---|
| fortheyearended31May2023 | ||
| 9. | Investmentproperty | |
| Freehold | ||
| investment | ||
| property | ||
| £ | ||
| Valuation | ||
| At1June2022 | 700,000 | |
| At31May2023 | 700,000 | |
| Thereisanoptiontotaxinplaceontheinvestmentproperty. | ||
| Avaluationofthepropertywascarriedouton9August2022.Thevalueatthatdatewas£700,000onan | ||
| openmarketbasisforexistinguse.TheTrusteesbelievethatthisvaluerepresentsfairvalueattheyear | ||
| end. | ||
| 10. | Fixedassetinvestments | |
| Listed | ||
| securities | ||
| £ | ||
| Costorvaluation | ||
| At1June2022 | 237,060 | |
| Revaluations | 2,020 | |
| At31May2023 | 239,080 | |
| Netbookvalue | ||
| At31May2023 | 239,080 | |
| At31May2022 | 237,060 | |
| AllthefixedassetinvestmentsareheldintheUKandcompriseunitsintheCharitiesOfficialInvestment | ||
| Fund |
| Notestothefinancialstatements | Notestothefinancialstatements | ||
|---|---|---|---|
| fortheyearended31May2023 | |||
| 11. | Debtors | ||
| 2023 £ |
2022 £ |
||
| Otherdebtorsandprepayments | 1,888 | 2,104 | |
| 12. | Creditors:Amountsfallingduewithinoneyear | ||
| 2023 £ |
2022 £ |
||
| Bankloans Otherloans Othertaxationandsocialsecurity |
21,551 10,500 “ |
21,551 10,500 3,466 |
|
| Othercreditors | 6,458 | 6,333 | |
38,509 |
41,850 |
||
| Deferredincome | |||
| 2023 £ |
2022 £ |
||
| Deferredincomeat1June 2022 | 3,708 | “ | |
| Resourcesdeferredduringtheyear | 3,708 | 3,708 | |
| Amountsreleasedfrompreviousyears | (3,708) | - | |
3,708 |
3,708 |
||
| 13. | Creditors:Amountsfallingdueaftermorethanoneyear | ||
| 2023 £ |
2022 £ |
||
| Bankloans Otherloans |
22,116 21,000 |
47,404 31,500 |
|
43,116 |
78,904 |
| 14. | Statementoffunds | ||||||
|---|---|---|---|---|---|---|---|
| Statementoffunds-current | year | ||||||
| Balanceat | 1 | Gains/ | Balanceat | ||||
| June2022 | Income | Expenditure | (Losses) | 31May2023 | |||
| £ | £ | £ | £ | £ | |||
| Unrestrictedfunds | |||||||
| Designatedfunds | |||||||
| ExtraordinaryRepairsFund | 87,372 | - | - | 2,134 | 89,506 | ||
| ManwoodLodgeFund | 84,778 | - | - | - | 84,778 | ||
| CyclicalMaintenanceFund | 5,000 | - | - | - | 5,000 | ||
177,150 |
- |
- |
2,134 |
179,284 |
|||
| Generalfunds | |||||||
| GeneralFunds | 679,362 |
49,018 |
(30,028) |
(810) |
697,542 |
||
| TotalUnrestrictedfunds | 856,512 |
49,018 |
(30,028) |
1,324 |
876,826 |
||
| Endowmentfunds | |||||||
| EndowmentFund | 1,093,665 |
* |
- |
- |
1,093,665 |
||
| Restrictedfunds | |||||||
| TheAlmshousesFund | 106,693 | 76,349 | (88,838) | - | 94,204 | ||
| ExtraordinaryRepairsFund | 28,481 | - | - | 696 | 29,177 | ||
| CyclicalMaintenanceFund | 5,000 | - | . | - | 5,000 | ||
140,174 |
76,349 |
(88,838) |
696 |
128,381 |
|||
| Totaloffunds | 2,090,351 |
125,367 |
(118,866) |
2,020 |
2,098,872 |