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|CONTENTS||PAGE|
|---|---|---|
|Reference and administrative
information|||
|Trustees'
Report||2 —6|
|Statement
ofTrustees'|Responsibilities||
|Independent
Examiner's|Report||
|Statement
of Financial Activities||9-10|
|Balance Sheet|||
|Notes to the accounts||12 - 17|
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|Trustees||Stephen Carr|(Chair)|(Chair)|(Chair)||
|---|---|---|---|---|---|---|
|||David Winstanley||(Vice||Chair)|
|||Alison Newman|||||
|||Pin K Low|||||
|||Douglas Sharp|||||
|Registered|Office|Biggin
Hill Memorial|||Museum||
|||Main Road|||||
|||Biggin
Hill|||||
|||Westerham|||||
|||TN16 3EJ|||||
|Charity number||1162645|||||
|Bankers||Metro Bank PLC|||||
|||One Southampton|||Row||
|||London|||||
|||WC1B 5HA|||||
|Investment|managers|Evelyn Partners|||||
|||45 Gresham|Street||||
|||London|||||
|||EC2V 7BG|||||
|Accountants||McBrides Accountants||||LLP|
|||Nexus House|||||
|||2 Gray Road|||||
|||Sidcup, Kent|||||
|||DA14 5DA|||||
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||||Unrestricted
Funds|Restricted
Funds|Endowment
Funds|Total 2022|Total 2021|
|---|---|---|---|---|---|---|---|
|||Notes|E||F|F||
|Income and endowments||||||||
|Donations|||40,156|68,530||108,686|135,368|
|Charitable
activities|||44,194|||44,194|10,506|
|Gift aid||||||||
|Other income|||17,696|7,882||25,578|36,297|
|Investments|||||10,877|10,877|16,733|
|Total income|||102,046|76,412|10,877|189,335|198,904|
|Expenditure||||||||
|Raising funds:||||||||
|Investment
management|costs|3a|||24,083|24,083|21,935|
|Charitable
activities:||||||||
|Direct costs||3a|105,863|76,412||182,275|151,782|
|Support costs||3a, 3b|58,000|||58,000|38,347|
|Total expenditure|||163,863|76,412|24,083|264,358|212,064|
|Net income/(expenditure)|before gains|||||||
|and losses on investments|||(61,817)||(13,206)|(75,023)|(13,160)|
|Net gains/(losses)
on investments|||||91,988|91,988|256,840|
|Net income/(expenditure)|||(61,817)||78,782|16,965|243,680|
|Reconciliation
offunds||||||||
|Funds
b/f at 1 April 2021|||82,294|17,643|1,686,652|1,786,589|1,542,909|
|Transfer of fund balances|||30,000||(30,000)|||
|Funds c/f at 31 March 2022|||50,477|17,543|1,735,434|1,803,554|1,785,589|
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||||2022|2021|
|---|---|---|---|---|
||||F|F|
|Net movement|on funds - historical cost basis||||
|Net movement|in funds for the year||16,965|243,680|
|Unrealised
(gains)/losses
on investments|||(91,988)|(256,840)|
|Difference between
the gain realised on investments||calculated|||
|on the historical|cost basis and that calculated
on market value||||
|Net movement|offunds for the year on historical cost|basis|(75,024)|(13,160)|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||F|F|
|Dividends|and interest-|UK|investments|||10,877|16,733|
|||||||10,877|16,733|
|3a. Analysis ofcharitable|||expenditure|||||
|Costs directly allocated||to|activities|Investment|Charitable|Total 2022|Total 2021|
|||||E|F|F|F|
|Salaries|||||110,177|110,177|64,093|
|Employer|Nl||||5,022|5,022|5,931|
|Employer|pension||||2,823|2,823|809|
|Utilities|||||8,238|8,238|13,968|
|Marketing|||||37,069|37,069|46,544|
|Repairs and maintenance|||||18,946|18,946|20,437|
|Investment|management|fees||24,083||24,083|21,935|
|||||24,083|182,275|206,358|173,717|
|3b. Supportcosts||||||||
|||||Investment|Charitable|Total 2022|Total 2021|
|||||E||F|F|
|HRI health|and safety||||3,592|3,592|2,700|
|Software|||||3,498|3,498|4,105|
|Insurance|||||17,143|17,143|1,743|
|Training|||||4,158|4,158|3,400|
|Printing
&|stationery||||2,809|2,809|2,270|
|Subscriptions|||||127|127|82|
|Legal 8 professional|||||17,680|17,680|19,227|
|Bank charges|||||1,791|1,791|1,288|
|Other|||||7,202|7,202|3,532|
||||||58,000|58,000|38,347|
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|4.Staff costs||||||||||
|---|---|---|---|---|---|---|---|---|---|
|No employees|received||remuneration||of660,000or over during the year.|||||
|The average employee
numbers,||||analysed||by function was as follows:||||
||||||||2022|2021||
|Charitable
activities|||||||6|6||
|Total||||||||||
|5.Prior Year Statement|||of Financial||Activities|||||
|||||||Unrestricted
Funds|Restricted
Funds|Endowment
funds|Total 2021|
|INCOME||||||E|k|F|F|
|Donations||||||99,118|36,250||135,368|
|Charitable
activities||||||10,506|||10,506|
|Gift aid||||||||||
|Other income||||||10,741|25,556||36,297|
|Investments||||||||16,733|16,733|
|Other income||||||||||
|||||||120,365|61,806|16,733|198,904|
|EXPENDITURE||||||||||
|Cost ofcharitable||activities:||||||||
|Investment
management|||costs|||||21,935|21,935|
|Direct costs||||||89,976|61,806||151,782|
|Support costs||||||38,347|||38,347|
|||||||128,323|61,806|21,935|212,064|
|Net gains/(losses)||on investments||||||256,840|256,840|
|Net movement|in|funds||||(7,958)||251,638|243,680|
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|9. Endowment
fund||||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||F|F|
|Balance at 1 April 2021||||1,686,652|1,435,014|
|Net investments||||(39,322)|(21,700)|
|Unrealised
profits/(losses)||on investment|revaluation|(77,994)|265,514|
|Realised gains/(losses)||||179,187|(12,965)|
|Cash||||16,911|20,788|
|Transfer to unrestricted|funds|||30,000||
|Balance at 31 March 2022||||1,735,434|1,686,652|
||||||||||||2022|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||E|
|Balance at|1 April 2021||||||||||82,294||90,252|
|Excess/(deficit)||of income||over|general expenditure|||for the|year||(61,817)||(7,958)|
|Transfer from||endowment||fund|||||||30,000|||
|Balance at|31|March|2022|||||||||50,477|82,294|
|This fund represents|||the surplus||unrestricted||accumulated||income ofthe Trust.|||||
|11.Restricted||fund||||||||||||
||||||||||||2022||2021|
||||||||||||E||E|
|Balance at|1 April 2021||||||||||17,643||17,643|
|Excess/(deficit)||of income||over|general expenditure|||for the|year|||||
|Transfer to|designated||funds|||||||||||
|Balance at|31|March|2022|||||||||17,643|17,643|
|Restricted|funds represent|||donations||that are|to be|used for specific purposes.||||||
|12. Analysis||of net assets between||||funds||||Endowment
fund|Income|funds|Total|
|||||||||||E|E|||
|Property
investments||||||||||||||
|Investments||||||||||1,735,434|||1,735,434|
|Net current|assets|||||||||||68,120|68,120|
|||||||||||1,735,434||68,120|1,803,554|
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