2022-12-31-accounts - Jarvis Eleemosynary Charity

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Report ofthe Trustees		1	to	4
Independent ExamineVs	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		8	to	15
Detailed Statement of	Financial Activities	16	to	17

		31.12.22	31.12.21
	Notes	E	E
FIXEDASSETS
Tangible assets		222,256	84,824
Investments		263,887	436,759
		486,143	521,583
CURRENT ASSETS
Debtors		2,177	1,758
Investments	10	112,764	119,862
Cash at bank and in hand		21&786	52,459
		136,727	174,079
CREDITORS
Amounts falling due within one year		(11,211)	(3,526)
NET CURRENT ASSEIS		125,516	170,553
TOTAL ASSETS LESSCURRENT LIABILITIES		611,659	692,136
CREDITORS
Amounts falling due after more than one year	12	(44,625)	(29,047)
NET ASSETS		567,034	663,089
FUNDS	15
Unrestricted funds		335,650	397,637
Restricted funds		12,430	180,818
Endowment funds		218,954	84,634
TOTAL FUNDS		567,034	663,089

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Endowment	Total
			fund	fund	fund	funds
			E		E	E
INCOME AND ENDOWMENTS		FROM
Charitable activities
Residents expenses			45,947			45,947
Investment income			7,620			7,620
Total			53,567			53,567
EXPENDITURE ON
Charitable activities
Residents expenses			36,125			36,125
Net gains on investments			27,771	25,368	8,526	61,665
NET INCOME			45,213	25,368	8,526	79,107
RECONCILIATION OF FUNDS
Total funds brought	forward		352&424	155,450	76,108	583,982
TOTAL FUNDS CARRIED FORWARD			397,637	180,818	84,634	663,089

DEBTORS: AMOUNTS FALLING DUE	DEBTORS: AMOUNTS FALLING DUE	DEBTORS: AMOUNTS FALLING DUE	WITHIN ONE YEAR	WITHIN ONE YEAR	WITHIN ONE YEAR
									31.12.22		31.12.21
									E		E
Other debtors									720		720
Prepayments and accrued income									1,457		1,038
									2,177		1,758
CURRENT ASSET INVESTMENTS
									31.12.22		31.12.21
									E		E
Brewin Dolphin capital account									7,955		4,692
Listed investments									115,173		98,112
Net unrealised gain I loss									(10,364)		17,058
									112,764		119,862
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE				YEAR
									31.12.22	31.12.21
									E		E
Other creditors									11I211		3,526
CREDITORS: AMOUNTS FALLING DUE AFTER MORE				THAN ONE YEAR
									31.12.22		31.12.21
									E		E
Other creditors									44,625		29,047
LOANS
An analysis ofthe maturity	of loans		is given below:
									31.12,22		31.12.21
									E		E
Amounts falling due within	one year		on demand:
Other loans									5,250
Amounts falling between one		and two years:
Other loans - 1-2years									5,250		5,250
Amounts falling due between		two and five years:
Other loans - 2-5 years									15,750		15,750
Amounts falling due in more than five years:
Repayable by instalments:
Other loans more 5yrs instal									23,625		8,047
During the year to 31st December			2020 the charity		secured	a	E50,000 interest		fee loan from The		Almshouse
Association which was to be		received in tranche,		At	the end	of	the financial	year 2022 all available			funds	had
been drawn from the loan.	The loan is repayable			over 10years			in 6 monthly	instalments which start 6 months
after the last tranche has been received, repayments					started	in December 2022.

14.	ANALYSIS OF NET ASS	ETS BETW	EEN FUNDS
						31.12.22	31.12.21
			Unrestricted	Restricted	Endowment	Total	Totai
			fund	fund	fund	funds	funds
			E	E	6	E	E
	Fixed assets Investments Current assets Current liabilities Long term liabilities		76,171 161,536 153,779 (11,211) (44,625)	48,326 (35,896)	146,085 54p025 18,844	222,256 263,887 136,727 (11,211) (44,625)	84,824 436,759 174,079 (3,526) (29,047)
			335,650	12,430	218,954	567,034	663,089
15.	MOVEMENT IN FUNDS
					Net	Transfers
					movement	between	At
				At 1.1.22	in funds	funds	31.12.22
				E	E	C	E
	Unrestricted funds
	General fund			397,637	(61,987)		335,650
	Restricted funds
	Restricted Fund			180,818	(23,065)	(145,323)	12,430
	Endowment funds
	Endowment fund			84,634	(11,003)	145,323	218,954
	TOTAL FUNDS			663,089	(96,055)		567,034
	Net movement in funds,	included	in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
				6	E	C	E
	Unrestricted funds
	Generalfund			57,707	(77&277)	(42,417)	(61,987)
	Restricted funds
	Restricted Fund					(23,065)	(23,065)
	Endowment funds
	Endowment fund					(11,003)	(11,003)
	TOTAL FUNDS			57,707	(77,277)	(76,485)	(96,055)

for the Year Ended 31 De	cember 2022
		31.12.22	31.12.21
		E	E
INCOME AND ENDOWMENTS
Investment income
Dividend income		7,405	7,620
Charitable activities
Contributions from residents		50,302	45,947
Total incoming resources		57,707	53,567
EXPENDITURE
Charitable activities
Rates and water		1,691	1,463
Insurance		2,375	2,036
Light and heat		5,997	8,304
Portfolio fees		3,119	3,831
Property maintenance		32,044	4,761
Rent		8,000
Improvements to property		6,419	6,419
Fixtures and fittings		1,470	1,470
Loan arrangement fee		1,115
Grants to institutions		1,500	394
Grants to individuals		2,016
		65,746	28,678
Support costs
Other
Telephone		180	180
Postage and stationery		241	123
Hire ofvillage hall		158
Subscriptions		222	216
Clerks Salary		5,100	3,804
Travel expenses		735	649
Sundry		1,244
		7,880	4,972
Governance costs
Independent examiners'	fees	2,641	2,475
Legal fees		1,010
		3,651	2,475
Total resources expended			36,125
Net (expenditure)/Income	before gains and
losses		(19,570)	17,442