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||||Page|
|---|---|---|---|
|Legal and administrative||information||
|Trustees' report|||2-3|
|Statement oftrustees' responsibilities||||
|Independent
examiner's||report||
|Statement offinancial||activities||
|Balance sheet||||
|Notes to the financial|statements|||
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|Charity registration|Charity registration|number|1162243|||||||
|---|---|---|---|---|---|---|---|---|---|
|Company|registration|number|09355815|||||||
|Registered|Office||The Bedford Office|||||||
||||Woburn|||||||
||||Milton Keynes|||||||
||||MK17 9PQ|||||||
|Governing|instrument||Signed agreements|dated 30|and 31 January 2018|||||
|Charitable|objects||To benefit general charitable||purposes,||including|the|relief|
||||ofpoor pensioners|by the provision||and|maintenance||of|
||||housing.|||||||
|Trustees|||His Grace The 15'~|Duke of|Bedford|||||
||||Her Grace The Duchess ofBedford|||||||
||||DHFox|||||||
||||P V Lindon|||||||
|Secretary|||KLShurrock|||||||
|Bankers|||RBSGroup|||||||
||||280Bishopsgate|||||||
||||London|||||||
||||EC2M 4RB|||||||
|Solicitors|||Boodle Hatfield|||||||
||||240 Blackfriars Road|||||||
||||London|||||||
||||SE1 8NW|||||||
|Honorary|auditors||Hillier Hopkins LLP|||||||
||||Chartered
Accountants|||||||
||||Statutory
Auditors|||||||
||||Radius House|||||||
||||51 Clarendon
Road|||||||
||||Watford|||||||
||||Herfordshire|||||||
||||WD17 1HP|||||||
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|||||Unrestricted|General Fund|General Fund|Unrestricted|General Fund|General Fund|
|---|---|---|---|---|---|---|---|---|---|
|||||Year to31|March|2022|Year to31|March|2021|
||||Notes||||f.|||
|Income from||||||||||
|Rent||||||148,820|||1SS,111|
|Interest||||||18|||291|
|Dividends|||||||||80|
|Administration|and Management||charges|||445|||515|
|Total income||||||149,283|||155,997|
|Expenditure|on|||||||||
|Charitable
activities||||||13,942|||8,143|
|Raising Funds||||||43,399|||38,782|
|Total resources expended||||||S7,341|||46,925|
|Net incoming|resources|||||91,942|||109,072|
|Other unrecognised
gains||||||404,697||4,514,855||
|Net movement
in funds||||||496,639||4,623,927||
|Reconciliation
offunds||||||||||
|Fund balance|brought|forward|||7,120,466|||2,496,539||
|Total funds transferred||into the charity||||||||
|Total funds carried forward|||10||7,617,105|||7,120,466||
|||||2022|2022|||2021||
|---|---|---|---|---|---|---|---|---|---|
||Notes|||||||||
|Fixed assets||||||||||
|Investment
Property|||8,082,000||||6,797,500|||
|Investments|||1,702||||2,135|||
|||||||8,083,702|||6,799,635|
|Current assets||||||||||
|Debtors and prepayments|||16,512||||13,446|||
|Cash at bank and in hand|||20,103||||364,529|||
||||36,615||||377,975|||
|Current liabilities||||||||||
|Creditors: amounts
falling|due|||||||||
|within one year|||(503,199)||||(57,144)|||
|Net current assets||||||(466,584)|||320,831|
|Total net assets||||||7,617,118|||7,120,466|
|The funds ofthe charity||||||||||
|Unrestricted
General Fund|10|||||||||
|Unrestricted
Funds|||2,698,175||||2,606,665|||
|Revaluation
Reserve|||4,918,930||||4,513,801|||
|||||||7,617,105|||7,120,466|
|Total charity funds||||||7,617,105|||7,120,466|
|These financial
statements|have been prepared||in accordance||with the special||provisions|||
|relating to small companies|within Part 15|of|the Companies||Act|2006.||||
|These financial
statements|were approved|by|the Trustees|on||||||
|The Duke of
edford||||P V Lindon||||||
|Trustee||||Trustee||||||
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|4|Charitable|activities|Unrestricted|Unrestricted|
|---|---|---|---|---|
||||2022|2021|
||Donations:||K||
||Bedfordshire|Scouts|500||
||The Tavistock Trust for Aphasia||5,000||
||British Red|Cross|500||
||Catalyst||5,000||
||Bedfordshire|PCC||600|
||Age UK Camden|||5,000|
||||11,000|5,600|
||Support costs (note 5)||2,942|2,543|
||||13,942|8,143|
##
|5|Support costs|Support costs||||||
|---|---|---|---|---|---|---|---|
||a) Breakdown|by activity||||Unrestricted|Unrestricted|
|||||||2022|2021|
||Charitable
activities|||||||
||Support cost relating to Donations|||||2,942|2,543|
||Raising funds|||||3,244|2,893|
|||||||6,186|5,436|
||b) Breakdown|ofsupport costs||||||
||||||Charitable|Raising|Total|
||||||activities|funds||
||Legal and professional||fees|||||
||Bank charges|||||302|302|
||Sundry expenses|||||||
||Audit fee||||1,400|1,400|2,800|
||Accountancy|and Administrative||cost~|1,542|1,542|3,084|
||||||2,942|3,244|6,186|
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|6|Land and Buildings|||
|---|---|---|---|
||Investment
Property|||
||Freehold Investment|Property||
||Valuation
at 1 Apri12021||4,722,500|
||hnprovements
to property - period ended 31 March 2022||879,371|
||Surplus
on revaluation||240,700|
||At 31March 2022||5,842,571|
||Leasehold
Investment|Property||
||Valuation
at
1 April 2021||2,075,000|
||Surplus
on revaluation||164,429|
||At 31March 2022||2,239,429|
||||2022|2021|
|---|---|---|---|---|
|Freehold Investment||Property|||
|Historic Cost|||1,208,431|1,120,571|
|Irnpfovemen'ts|to ploperty||879,371|87,860|
||||2,087,802|1,208,431|
|Leasehold Investment||Property|||
|Historic Cost|||1,075,268|1,075,268|
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|7|Investments||at market value||||||
|---|---|---|---|---|---|---|---|---|
||||||||Listed|Investments|
||Balance at
1|April 2021||||||2, 135|
||1,148Barclays PLC shares of25p each||||||||
||Movement||in valuation|||||(433)|
||Balance at 31||March 2022|||||1,702|
|8|Debtors||||||||
||||||2022|||2021|
||Rent Debtors||||12,231|||10,417|
||Prepaid Expenses||||4,268|||3,029|
||||||16,499|||13,446|
|9|Creditors||||||||
||||||2022|||2021|
||Trade creditors||||99,363|||40,215|
||Accrued expenses||||4,871|||7,474|
||Prepaid rent||||9,965|||9,455|
||Loan from 1987Settlement||||389,000||||
||||||503,199|||57,144|
|10|Analysis of net assets between|||funds|||||
||||||Fixed assets|Net Current||Total|
|||||||assets|||
||||||K|K|||
||Unrestricted||General Fund||||||
||General Funds||||3,164,772|(466,584)||2,698,188|
||Revaluation|Reserve|||4,918,930|||4,918,930|
||||||8,083,702|(466,584)||7,617,118|