| QN | I | I NAN | I NAN | I NAN | The William Barrow's Charity | The William Barrow's Charity | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| A Charitable | I co | orated | Charities Commission: Registered |
number: | 1172933 | ||||||
| QZynis~igg | Companies House: |
Registered | number: | CE009923 | |||||||
| Address | c/o Clerk to the Trustees, | ||||||||||
| 43Park Road, | |||||||||||
| Sittingboume, | |||||||||||
| Kent. | ME10 1DY | ||||||||||
| Trustees | Names | Mr. S.C. Batt (Chair | ofTrustees) | ||||||||
| Mr. G.A. Wetherell | (Vice Chair | ofTrustees) | |||||||||
| Mr. D. Dewar-Whalley | |||||||||||
| Mr. R.P.R. Dixon | |||||||||||
| Mr. E.G. Doubleday | |||||||||||
| Mrs. C.Ford | |||||||||||
| Mr. G. Herbert - appointed 01October 2021 | |||||||||||
| Fr. R.D. Lane | |||||||||||
| Mr. J.Mair - appointed 01 October |
2021 | ||||||||||
| A~giinte | I | Trusts | 8 | Nominated Trustee |
- Kent County Council (No.1)- Vacant | ||||||
| Ex-officio Trustee - | The Vicar ofBorden (No.1)- Fr. R.D. Lane | ||||||||||
| Co-opted Trustees | - by appointment | (Nos.8) | |||||||||
| I~IAd | I | Brachere | |||||||||
| Somerfield House |
|||||||||||
| 59,London Road | |||||||||||
| Maidstone | ME168JH | ||||||||||
| inineg~end | 01 | ||||||||||
| Auditors | JADAudit Ltd |
||||||||||
| Chartered Accountants |
|||||||||||
| 4, Bloors Lane, | |||||||||||
| Rainham, | |||||||||||
| Giiling ham, |
|||||||||||
| Kent | ME8 7EG | ||||||||||
| Bankers | Handelsbanken | ||||||||||
| Suite 5, 2nd Floor North, | |||||||||||
| Fitted Rigging House, | |||||||||||
| The Historic Dockyard, | |||||||||||
| Chatham, | |||||||||||
| Kent | ME4 4TZ | ||||||||||
| Invesm | tA | vi ers | Charles Stanley &Co Limrted | ||||||||
| 55, Bishopsgate, | |||||||||||
| London | EC2N 3AS |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Income | Income | Endowment | Funds | Funds | ||||
| Fund | Fund | Fund | 31/12/2021 | 31/12/2020 | ||||
| Note | 5 | f | 5 | f | ||||
| Income | ||||||||
| Rents and other property income | ||||||||
| receivable | 249,078 | 249,078 | 256,927 | |||||
| Investment income |
21,872 | 21,872 | 20,897 | |||||
| Donation | 0 | 25,000 | ||||||
| Total | 270,950 | 270,950 | 302,824 | |||||
| ~Edit | ||||||||
| Charitable activities | ||||||||
| Educational grants |
||||||||
| Clause 3(2)aSchool grants | 33,538 | 33,638 | 33,000 | |||||
| Clause 3(2)b Individual | grants | 27,000 | 27,000 | 45,000 | ||||
| Hardship grants |
||||||||
| Clause 3(1)aGrants lo | pensioners | 16,500 | 18,500 | 12,000 | ||||
| Clause 3(1)a Grants to | younger | |||||||
| persons | 14,100 | 14,100 | 21,150 | |||||
| Clause 3{1)cGrants to | bodies | 14,405 | 14,405 | 7,000 | ||||
| Governance costs | 44,479 | 4,860 | 49,339 | 33,978 | ||||
| 150,122 | 4,88Q | 154,982 | 152,12$ | |||||
| Cost ofraising funds | ||||||||
| Property management | including | |||||||
| repairs and professional | costs | 108,940 | 108,940 | 163,172 | ||||
| Investment management |
costs | 12,432 | 12,432 | 10,649 | ||||
| Total | 271,494 | 4,860 | 276,354 | 325,94$ | ||||
| Net income/(expenditure) | before | |||||||
| investment gains/(losses) |
(544) | (4,860) | {5,404) | (23,125) | ||||
| Surplus/(deficit) on disposal of |
||||||||
| investments | 2,527 | 127 | 2,654 | 8,326 | ||||
| Surplus/(deficit) on revaluation |
of | |||||||
| investments | 29,193 | 44,297 | 73,490 | 69,470 | ||||
| Surplusl(deficit) on disposal of |
||||||||
| property | {114,625) | (114,625) | ||||||
| Surplus/(deficit) on revaluation |
of | |||||||
| property | 3,088,200 | 3,088,200 | 28,000 | |||||
| filet gains/(losses) on investments |
31,720 | 3,017,999 | 3,049,719 | 105,796 | ||||
| Net movementin funds |
31,176 | 3,013,139 | 3,044,315 | 82,871 | ||||
| Total Funds at 01January | 2021 | 984,112 | 25,000 | 8,487,620 | 9,496,732 | 9,414,061 | ||
| Total Funds at 91December 2021 | 1,015,288 | 25,000 | 11,500,759 | 12,541,047 | $„496,732 |
| THE WILLIAII BA 954)li(tfgg 8~HE |
RROVIPS CHARITY | RROVIPS CHARITY | |||||
|---|---|---|---|---|---|---|---|
| F | NDED 31DE EIIB | 2021 | |||||
| 2021 | 2020 | ||||||
| Note | E | F | |||||
| Fixed Assets | |||||||
| Tangible fixed assets | 8 | 4,860 | |||||
| Investment properties |
9 | 10,893,200 | 8,185,000 | ||||
| Investments | 10 | 976,614 | 912,568 | ||||
| 11,869,814 | 9,102,428 | ||||||
| Current Assets | |||||||
| Cash at bank | 705,847 | 437,292 | |||||
| Debtors | 11 | 15,857 | 13,506 | ||||
| 721,704 | 450,798 | ||||||
| Creditors - amounts | falling due | ||||||
| within one year | 12 | (50,471) | (56,494) | ||||
| Net current assets | 671,233 | 394,304 | |||||
| Total Net Assets | 13 | 12,541,047 | 9,496,732 | ||||
| n fthe Chari |
|||||||
| Unrestricted Income |
Fund | 14 | 1,015,288 | 984,'i12 | |||
| Restricted Income | Fund | 15 | 25,000 | 25,000 | |||
| Endowment Fund |
11,500,759 | 8,487,620 | |||||
| Total Funds | 12,541,047 | 9,496,732 |
| 2021 | 2020 | ||
|---|---|---|---|
| f | F | ||
| Listed | investments | 21,872 | 20,290 |
| Bank | interest | 607 | |
| 21,872 | 20,897 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| f | E | |||||||
| Parochial Parish ofBorden |
7,000 | 7,000 | ||||||
| Sittingbourne Scouts |
1,800 | |||||||
| Borden Sports Association | 5,605 | |||||||
| 14,405 | 7,000 | |||||||
| 8 | Governance costs | |||||||
| Unrestricted | 2021 | 2020 | ||||||
| Income | Endowment | Total | Total | |||||
| Fundf | Fundf | Fundsf | Fundsf | |||||
| Clerk's salary | 19,200 | 19,200 | 19,200 | |||||
| Barrow Room expenses | 1,152 | 1,152 | 425 | |||||
| Accountancy fees |
3,800 | 3,800 | 4,250 | |||||
| Auditors' fee | 5,400 | 5,400 | 5,700 | |||||
| Professional fees | 7,500 | 7,500 | 1,258 | |||||
| Web hosting | 1,197 | 1,197 | 385 | |||||
| Publication costs |
(77) | |||||||
| Website depreciation | charge | 4,860 | 4,860 | 2,777 | ||||
| Sundry expenses | 6,230 | 6,230 | 60 | |||||
| 44,479 | 4,860 | 49,339 | 33,978 | |||||
| 7 | Auditors' remuneration |
|||||||
| 2021 | 2020 | |||||||
| Fees payable to the Charity's | auditor and its associates for | |||||||
| the audit ofthe Charity's | annual | financial statements | 5,400 | 5,700 |
| FO | RTHE YEA ND D31D M |
|||
|---|---|---|---|---|
| 8 | Tangible fixed assets | |||
| Website | 2021 | 2020 | ||
| 6 | 6 | |||
| Cost at01 January 2021 and 31 December 2021 | 13,885 | 13,885 | ||
| Depreciation at01 January 2021 |
9,025 | 6,248 | ||
| Charge for the period | 4,860 | 2,777 | ||
| Depreciation at 31December 2021 |
13,885 | 9,025 | ||
| Net book value at 31 December 2021 | 4,860 | |||
| 8 | Investment properties |
|||
| Unrestricted | ||||
| Income | Endowment | 2021 | ||
| Fund | Fund | Total | ||
| F | 6 | |||
| Valuation at 01 January 2021 | 285,000 | 7,900,000 | 8,185,000 | |
| Transfer at valuadon | (285,000) | 285,000 | ||
| Disposai at valuation | (380,000) | (380,000) | ||
| Revaluation surplus in year |
3,088,200 | 3,088,200 | ||
| Valuation at 31 December 2021 | 10,893,200 | 10,893,200 |
| financial statements. Invimtments |
||
|---|---|---|
| 2021 | 2020 | |
| 6 | 6 | |
| Endowment Fund |
||
| [see Note 10(a)] | 494,031 | 455,659 |
| Unresb icted Income Fund | ||
| [see Note 10(b)] | 482,583 | 456,909 |
| 976,614 | 912,568 |
| representing aE194,581 surplus |
on co | st (2020:E116, | 068surplus on co |
st). | ||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| Endowment | Income | 2021 | ||||
| Fund | Fund E |
Totalf | ||||
| Valuation at01 January 2021 Additions in year at cost Disposals at valuation Revaluation surplus in year Cash movements |
455,659 19,379 (9,408) 44,297 (15,896) |
456,909 13,495 (12,994) 29,193 (4,020) |
912,568 32,874 (22,402) 73,490 (19,916) |
|||
| Valuation at 31 December 2021 | 494,031 | 482,583 | 976,614 | |||
| 10 | (a) Investments - Endowment | Fund | ||||
| Cost | Value | Cost | Value | |||
| 2021 | 2021 | 2020 | 2020 | |||
| E.p. | F.p. | E.p. | E.p. | |||
| 49,177.23 Charles Stanley Monthly | ||||||
| High Income | 50,328.86 | 48,007.70 | 50,328.86 | 47,866.31 | ||
| 2,500Scottish Mortgage Inv Trust |
||||||
| Ord GBP0.05 | 10,557.50 | 33,437.50 | 10,557.50 | 30,350.00 | ||
| 4,500Centrica pic Ord GBP | ||||||
| 0.061728395 | 5,902.65 | 2,097.00 | ||||
| 1,768.43Jupiter Unit Trust Managers |
||||||
| Financial Opportunities | 10,358.69 | 16,222.87 | 10,358.69 | 15,145.24 | ||
| 3,500 Vodaphone Group Ord |
||||||
| $0.2095238 | 7,308.00 | 3,929.10 | 7,308.00 | 4,232.90 | ||
| 500 Diageo Ord GBP0.28101/108 | 12,265.00 | 20,180.00 | 12,285.00 | 14,390.00 | ||
| 2,000 HSBC Holdings PLC Ord |
USD | |||||
| 0.50 | 14,742.00 | 8,973.00 | 14,742.00 | 7,577.00 | ||
| 750 Royal Dutch Shell BOrd 60.07 | 17,208.75 | 12,168.00 | 17,208.75 | 9,445.50 | ||
| 270 British American Tobacco Ord | ||||||
| GBP0.25 | 12,614.40 | 7,311.60 | ||||
| 1,054 National Grid Ord |
||||||
| GBP0.12431289 | 9,745.28 | 11,170.29 | 9,745.28 | 9,117.10 | ||
| 1,100Aberforth Smaller Cos Trust |
||||||
| Ord GBP0.01 | 14,388.00 | 16,104,00 | 14,366.00 | 13,728.00 | ||
| 1,365 Herald investment Trust Ord |
||||||
| GBP0.25p | 15,001.35 | 34,193.25 | 15,001.35 | 30,644.25 | ||
| 340.305Findlay Park Funds Pic | ||||||
| American GBP Hedged | 18,393.49 | 34,149.61 | 18,393.49 | 27,050.84 | ||
| 10,000Blackrock Frontier Markets | ||||||
| Inv Tst USD 0.01 | 14,900.00 | 13,175.00 | 14,900.00 | 11,850.00 | ||
| 5,2103i Infrastructure Ord NPV |
12,823.80 | 18,469.45 | 12,823.80 | 16,046.80 | ||
| Carried forward | 207,998.72 | 270,179.77 | 226,515.77 | 246,852.54 |
| 10 | ta) Investments -Endowm |
ent | Fund ( | continued) | |||
|---|---|---|---|---|---|---|---|
| Cost | Value | Cost | Value | ||||
| 2021 | 2021 | 2020 | 2020 | ||||
| E.p. | E.p. | Ep. | E.p. | ||||
| Brought forward | 207,998.72 | 270,179.77 | 226,515.77 | 245,852.54 | |||
| 8,200 invesco Bond Income Plus Ltd | |||||||
| Ord NPV | 16,174.50 | 15,354.50 | 16,174.50 | 15,559.50 | |||
| 6,445 Fidelity Special Vaiues Ord | |||||||
| GBP0.05 | 15,677.46 | 19,431.68 | 15,677.46 | 15,693.58 | |||
| 2,350AVI Global Trust Pic Ord GBP | |||||||
| 0.10 | 16,297.25 | 25,427.00 | 16,297.2S | 20,727.00 | |||
| 1,650 Biotech Growth Trust Ord | GBP | ||||||
| 0.25 | 13,612.50 | 19,602.00 | 13,612.50 | 26,004.00 | |||
| 1,150Legal &General GO | UCITS | ||||||
| ETF Solutions pic | 9,543.56 | 21,624.59 | 9,543.56 | 19,909.38 | |||
| 4,700Vinacapital Vietnam |
Opp Fnd | ||||||
| Ord USD 0.01 | 14,989.30 | 24,252.00 | 14,989.30 | 19,975.00 | |||
| 15,829.14Henderson Investment |
|||||||
| Funds Ltd Strategic Bond | 19,525.68 | 21,638.43 | 19,525.68 | 22,305.00 | |||
| 650First Trust Global Funds pic | FT | ||||||
| Dow Jones | 10,158.30 | 15,262.00 | 10,158.30 | 14,080.63 | |||
| 7,472 Octopus Renewables | Infra | TR | |||||
| pic GBP0.01 | 7,472.00 | 8,278.98 | 7,472.00 | 8,499.40 | |||
| 4,331Atrato Onsite Energy | pic Ord | ||||||
| GBP0.01 | 4,331.00 | 4,742.45 | |||||
| 9,000 Montanaro Asset Management |
|||||||
| ;Ltd Better World | 15,048.00 | 18,080.10 | |||||
| Cash on Capital Account | 30,156.40 | 30,156.97 | 46,053.27 | 48,053.27 | |||
| 380,984.67 | 494,030.47 | 396,019.59 | 455,659.30 | ||||
| 10 | (b)Investments -Unrestricted |
Income | Fund | ||||
| Cost | Value | Cost | Value | ||||
| 2021 | 2021 | 2020 | 2020 | ||||
| E.p. | E.p. | E.p. | E.p. | ||||
| 1,500 Murray International |
Trust | Ord | |||||
| GBP0.25 | 17,820.00 | 17,340.00 | 17,820.00 | 16,950.00 | |||
| 1,381Tesco pic Ord GBP0.063333 | 3,275.13 | 4,003.52 | 3,275.13 | 4,049.50 | |||
| 675 BHP Group pic USD0.50 | 8,872.88 | 12,993.75 | |||||
| 650 GlaxoSmithKline Ord GBP0.25 |
9,675.25 | 10,442.90 | 9,675.25 | 8,723,00 | |||
| 200 Reckitt Benckiser Group Ord | |||||||
| GBP 0.10 | 13,626.00 | 12,684.00 | 13,626.00 | 13,084.00 | |||
| Carried forward | 44,396.38 | 44,470.42 | 53,269.26 | 55,800.25 |
| 10 | (b)Investments -Unrestricted |
(b)Investments -Unrestricted |
Income Fund (continued) | Income Fund (continued) | Income Fund (continued) | ||
|---|---|---|---|---|---|---|---|
| Cost | Value | Cost | Value | ||||
| 2021 | 2021 | 2029 | 2020 | ||||
| R.p. | E.p. | Ep. | 8.p. | ||||
| Brought forward | 44,396.38 | 44,470.42 | 53,269.26 | 55,800.25 | |||
| 1,860 Murray Income Trust | Ord | ||||||
| GBP0.25 | 23,812.50 | 17,074.80 | 23,812.50 | 15,475.20 | |||
| 300 Rio Tinto Ord GBP0.10 | 10,419.00 | 14,676.00 | 'l0,419.00 | 16,410.00 | |||
| 692 Babcock tntl Grp Ord GBP60p | 5,726.30 | 2,204.71 | 5,726.30 | 1,936.91 | |||
| 44,903.7987Aviva Investors | UK | ||||||
| SVCS Ltd Strategic Bond | 45,559.20 | 45,595.32 | 46,559.20 | 45,954.55 | |||
| 7,8943i infrastructure Ord NPV |
19,430.00 | 27,984.23 | 19,430.00 | 24,313.52 | |||
| Investment Trust Ord GBP0.05 |
20,949.50 | 42,185.00 | 20,949.50 | 31,735.00 | |||
| 5,000 Schroder Oriental Income | Fund | ||||||
| Ord GBP0.01 | 12,537.50 | 13,425.00 | 12,537.50 | 13,075.00 | |||
| 1,000 Polar Cap Technology | Trust | ||||||
| GBP0.25 | 10,490.00 | 27,280.00 | 10,490.00 | 23,050.00 | |||
| 5,000JP Morgan Euro Discovery | |||||||
| Trust PicOrd GBP0.05 | 19,687.50 | 27,250.00 | 19,687.50 | 24,050.00 | |||
| 3,500 Schroder Asia Pacific | Ord GBP | ||||||
| 0.10 | 14,910.00 | 20,650.00 | 14,910.00 | 21,490.00 | |||
| 9,500 Biackrock Continental | Eur | Inc | |||||
| D Units | 15,200.00 | 'I8,282.75 | 15,200.00 | 16,724.75 | |||
| 1,750 BAE Systems Ord GBP 0,025 | 11,051.25 | 9,621.50 | 11,051.25 | 8,554.0G | |||
| 25,000 Miton UK Microcap Trust | Ord | ||||||
| GBP0.001 | 15,750.00 | 22,375.00 | 15,750.00 | 17,400.0G | |||
| 2,000Monks Investment Trust Ord |
|||||||
| GBP0.05 | 14,090.00 | 27,480.00 | 14,090.00 | 27,200.00 | |||
| 41,000 Schroder Unit Trust | Strategic | ||||||
| Credit | 40,352.20 | 39,593.70 | 40,352.20 | 39,753.60 | |||
| 6,000 Baillie Gifford Shin Nippon | Ord | ||||||
| GBP0.02 | 11,041.00 | 13,260.00 | 11,041.00 | 16,020.00 | |||
| 7,472 Octopus Renewables | Infra | ||||||
| TRPLC GBP0.01 | 7,472.00 | 8,278.98 | 7,472.00 | 8,499.40 | |||
| 10,000 FIL Investment Services (UK) |
|||||||
| Ltd Global Dividend | 13,587.00 | 15,710.00 | 13,587.00 | 14,320.00 | |||
| 10,000Greencoat Wind pic | Ord | ||||||
| GBP0.01 | 13,495.24 | 14,060,00 | |||||
| Cash on Capital Account | 31,126.02 | 31,126.02 | 35,146.74 | 35,146.74 | |||
| 401,082.59 | 482,583.43 | 400,480.95 | 456,908.92 |
| 11 | Debtors | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||||
| Prepayments | and accrued income | 15,857 | 13,506 | ||||||||
| 12 | Creditors | ||||||||||
| 2021 | 2020 | ||||||||||
| Accruals and | deferred | income | 31,794 | 37,800 | |||||||
| Tenants' deposits | 18,677 | 18,694 | |||||||||
| 60,471 | 56,494 | ||||||||||
| 13 | Analysis offund assets and | liabilities | |||||||||
| Unrestricted | Restricted | 2021 | 2020 | ||||||||
| Income | Income | Endowment | Total | Total | |||||||
| Fund | Fund | Fund | Funds | Funds | |||||||
| 6 | K | E | F | ||||||||
| Charity website | 4,860 | ||||||||||
| Investment | properties | 10,893,200 | 10,893,200 | 8,185,000 | |||||||
| Investments | 482,584 | 494,030 | 976,614 | 912,568 | |||||||
| Cash at bank | 567,318 | 25,000 | 113,529 | 705,847 | 437,292 | ||||||
| Debtors | 15,867 | 15,857 | 13,506 | ||||||||
| Creditors | (50,471) | (50,471) | (56,494) | ||||||||
| 1,015,288 | 25,000 | 11,500,759 | 12,541,047 | 9,496,732 | |||||||
| 14 | Unrestricted | Income | Fund | ||||||||
| Unrestricted | Unrestricted | ||||||||||
| Income | Income | ||||||||||
| Fund | Fund | ||||||||||
| 2021 6 |
2020f | ||||||||||
| At 01 January | 2021 | 984,112 | 993,335 | ||||||||
| Net income | after | management | and governance | costs | 105,099 | 72,802 | |||||
| Charitable | expenditure | (105,643) | (118,150) | ||||||||
| Surplus an | disposal of | investments | 2,527 | 177 | |||||||
| Surplus/(deficit) | on revaluation | of investments | 29,193 | 35,948 | |||||||
| At 31 December | 2021 | 1,01i5,288 | 984,112 |
| THE WILLIA BARROW'S CHARIlY INCOM AND EXPENDITU A C UNT F TH Y EC |
||
|---|---|---|
| 31December 2021f | 31December 2020 6 |
|
| RECEIPTS EARNED FROM ASSETS | ||
| RENTAL INCOME | ||
| House and cottage rents | 206,904 | 201,888 |
| Farm and other rents | 41,837 | 54,651 |
| Wayleaves | 337 | 388 |
| 249,078 | 256,927 | |
| Less Dirac't Property expendlture. "- | ||
| Insurance premium |
9,704 | 9,704 |
| Agent and surveyors fees | 39,971 | 46,772 |
| Property Repairs: | ||
| Ridtlles Farmhouse | 1,510 | 40,275 |
| Riddles Cottage | 4,205 | 5,185 |
| Barrow House and Forge House | 3,951 | 2,069 |
| 3,The Street | 1,057 | 2,659 |
| 1,The Street | 273 | 482 |
| 9, Maylam Gardens | 14,595 | 1,959 |
| 37, Maytam Gardens | 185 | 1,877 |
| 51,Mayiam Gardens | 333 | 622 |
| 53, Mayfam Gardens | 6,664 | 10,766 |
| 75, Mayiam Gardens | 481 | 537 |
| 77, Mayiam Gardens | 553 | 2,481 |
| 8, Russeil Close | 668 | 9,445 |
| 267, Park Road | 375 | 1,115 |
| Rose Cottage | 1,432 | 2,741 |
| Hooks Hole Farm | 4,151 | 1,064 |
| Land at Apple Tree Cottage | 2,670 | 2,963 |
| Land at Riddles | 1,333 | 985 |
| The Forge | 3,909 | 1,610 |
| Flat 1,Forge House | 1,199 | 651 |
| Flat 2, Forge House | 410 | 1,742 |
| Flat 1, Barrow House | 2,777 | 1,486 |
| Flat 2, Barrow House | 956 | 2,421 |
| Flat 1,118High Street | 308 | 2,012 |
| Flat 2, 118High Street | 1,464 | 3,350 |
| Flat 3,118High Street | 632 | |
| 116/118, High Street | 2,183 | 2,596 |
| 7, Barn Close | 2,948 | |
| Others | 1,623 | 23 |
| (108,940) | (163,172) | |
| TOTAL NET PROPERTY INCOME - carried forward | 140,138 | 93,755 |
| NDITU C NT c YEAR ENDE 3 |
ontinu | ||
|---|---|---|---|
| 31December 2021 | 31December | 2020 | |
| E | f | F | |
| RECEIPTS EARNED FROM ASSETS- continued | |||
| TOTAL NET PROPERTY INCOME - brought | forward 140,138 |
93,755 | |
| INVESTMENT INCOME | |||
| Dividends from investments |
21,872 | 20,290 | |
| Bank Deposit accountinterest | 607 | ||
| 21,872 | 20,897 | ||
| Investment manager's fees |
(12,432) | (10,649) | |
| NET INVESTMENT INCOME | 9,440 | 10,248 | |
| TOTAL NET INCOME | 149,578 | 104,003 | |
| Donation | 25,000 | ||
| 149,578 | 129,003 | ||
| Less: Management and Administration |
|||
| Clerk's salary | 19,200 | 19,200 | |
| Barrow Room expenses | 1,152 | 425 | |
| Accountancy fees | 3,800 | 4,250 | |
| Auditor's fee | 5,400 | 5,700 | |
| Insurance brokers fee |
850 | 840 | |
| Legal fees | 882 | 418 | |
| Other professional fees |
5,768 | ||
| Bank charges | 60 | 60 | |
| Website depreciation charge |
4,860 | 2,777 | |
| Web hosting | 1,197 | 385 | |
| Book net (income)/costs | (77) | ||
| Additional security measures |
6,170 | ||
| (49,339) | (33,978) | ||
| CHARITY'S INCOME FORTHE YEAR | 100,239 | 0 | 95,025 |