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|---|---|---|---|---|
|Report ofthe Trustees||I|to|7|
|Independent
Examiner's|Report||||
|Statement ofFinancial Activities|||||
|Balance Sheet||10|to|11|
|Cash Flow Statement|||12||
|Notes to the Cash Flow|Statement||13||
|Notes to the Financial Statements||14|to|20|
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||||31.3.22|31.3.21|
|---|---|---|---|---|
||||Unrestricted|Total|
||||fund|funds|
|||Notes||f,|
|INCOME AND ENDOWMENTS FROM|||||
|Investment
income|||195,448|187,480|
|EXPENDITURE ON|||||
|Raising funds|||||
|Other trading activities|||17,110|4,600|
||||17,110|4,600|
|Charitable
activities|||||
|Medical/health|||146,884|30,000|
|Education|||15,500|10,000|
|Arts and culture|||26,000||
|Poverr//social/justice|||62,500||
|Investment
expenses:||||10,022|
|Total|||267,994|54,622|
|Net gains/(losses)
on investments|||(100,000)|(240,000)|
|NET INCOME/(EXPENDITURE)|||(172,546)|(107,142)|
|RECONCILIATION|OF FUNDS||||
|Total funds brought forward|||3,221,516|3,328,658|
|TOTAL FUNDS CARRIED FORWARD|||3,048,970|3,221,516|
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||BALANCE SHEET|||
|---|---|---|---|
||31MARCH 2022|||
|||31.3.22|31.3.21|
|||Unrestricted|Total|
|||fund|funds|
||Notes|||
|FIXEDASSETS||||
|Investments||||
|Investment
property|10|2,800,000|2,900,000|
|Social investments|ll|75,000|75,000|
|||2,875,000|2,975,000|
|CURRENT ASSETS||||
|Debtors|12|12,494|12,659|
|Cash at bank||216,820|285,308|
|||229,314|297,967|
|CREDITORS||||
|Amounts
falling due within one year|13|(51,310)|(45,500)|
|NET CURRENT ASSETS||178,004|252,467|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||3,053,004|3,227,467|
|CREDITORS||||
|Amounts
falling due a(ter more than one year|14|(4,034)|(5,951)|
|NET ASSETS||3,048,970|3,221,516|
|FUNDS|15|||
|Unrestricted
funds||3,048,970|3,221,516|
|TOTAL FUNDS||3,048,970|3,221,516|
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|||||CASH FLOW STATEMENT|||
|---|---|---|---|---|---|---|
|||FOR||THE YEAR ENDED 31MARCH 2022|||
||||||31.3.22|31.3.2 1|
|||||Notes|||
|Cash flows from operating|activities||||||
|Cash generated
from operations||||1|(68,488)|142,584|
|Net cash (used in)/provided|by|operating|activities||(6$,488)|142,584|
|Cash flows from investing|activities||||||
|Interest received||||||131|
|Net cash provided
by investing||activities||||131|
|Change in cash and cash equivalents|||in||||
|the reporting
period|||||(6$,488)|142,715|
|Cash and cash equivalents|at|the|||||
|beginning
ofthe reporting|period||||285,308|)42,593|
|Cash and cash equivalents|at|the end|of||||
|the reporting
period|||||216,820|285,308|
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|RECONCILIATION OF
ACTIVITIES|NET E|XPENDITURE TO NET CASH FLOW|FROM OPERATING||
|---|---|---|---|---|
||||31.3.22|31.3.2I|
|Net expenditure
for the reporting||period (as per the Statement of|||
|Financial Activities)|||(172,546)|(107,142)|
|Adjustments
for:|||||
|Losses on investments|||100,000|240,000|
|Interest received||||(131)|
|Decrease in debtors|||165|4,930|
|Increase in creditors|||3,893|4,927|
|Net cash (used in)/provided|by operations||(68,488)|142,584|
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|ANALYSIS OF CHANGES IN NET F|UNDS|||
|---|---|---|---|
||At 1.4.21|Cash flow|At 31.3.22|
|Net cash||||
|Cash at bank|285,308|(68,488)|216,820|
||285,308|(68,488)|216,820|
|Total|285,308|(68,488)|216,820|
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|INVESTMENT INCOME|||
|---|---|---|
||31.3.22|31.3.21|
|Rents received|192,114|184,015|
|Insurance
income|3,334|3,334|
|Deposit account interest||131|
||195,448|187,480|
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|Lessor||||31.3.2022|31.3.2021|
|---|---|---|---|---|---|
|||||8||
|Not latter|than|I year||194,100|194,100|
|Later than|I year and not latter than||5 years|465,300|465,300|
|Later than|5 years|||18 100|122900|
|Total||||637500|736200|
|GRANTS|PAYABLE|||||
|||||31.3.22|31.3.21|
|Medical/health||||146,884|30,000|
|Education||||15,500|10,000|
|Arts and culture||||26,000||
|Poverty/social/justice||||62,500||
|||||250,884|40,000|
|The total grants||paid to institutions|during the year was as follows:|||
|||||31.3.22|31.3.21|
|||||6||
|Donation||||250,884|40,000|
|||||31.3.2022|31.3.2022|
|---|---|---|---|---|---|
|||||Number||
|Grants|paid|to|Institutions|28|236,500|
|Grants|paid|to|Individuals|2|14,384|
|Total||||30|250,884|
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|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES||
|---|---|---|
|||Unrestricted|
|||fund|
|INCOME AND ENDOWMENTS FROM|||
|Investment
income||187,480|
|EXPENDITURE ON|||
|Raising funds|||
|Other trading activities||4,600|
|||4,600|
|Charitable
activities|||
|Medical/health||30,000|
|Education||10,000|
|investment
expenses:||10,022|
|Total||54,622|
|Net gains/(losses)
on investments||(240,000)|
|NET INCOME/(EXPENDITURE)||(107,142)|
|RECONCILIATION|OF FUNDS||
|Total funds brought forward||3,328,658|
|TOTAL FUNDS CARRIED FORWARD||3,221,516|
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|FAIR VALUE||
|---|---|
|At 1 April 2021|2,900,000|
|Revaluation|(100,000)|
|At 31 March 2022|2,800,000|
|NET BOOK VALUE||
|At 31March 2022|2,800,000|
|At 31March 2021|2,900,000|
|Fair value|at 31 March 2022 is represented|by:||
|---|---|---|---|
|Valuation|in 2018||130,000|
|Valuation|in 2019||(35,000)|
|Valuation|in 2020||(175,000)|
|Valuation|in 2021||(240,000)|
|Valuation|in 2022||(100,000)|
|Cost|||3,220,000|
||||2,800,000|
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|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|
||31.3.22|31.3.21|
|Rents recoverable|12,494|12,659|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||31.3.22|31.3.21|
|Trade creditors|467|1|
|Rent received
in advance|45,323|40,899|
|Accrued expenses|5,520|4,600|
||51,310|45,500|
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|CREDI|TOR|S: AMOUNTS FA|LLING DUE AFTER MORE|THAN ONE YE|AR||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
|Tenants'|deposits||||4,034|5,951|
|MOVEMENT IN FUNDS|||||||
||||||Net||
||||||movement|At|
|||||At 1.4.21|in funds|31.3.22|
|Unrestricted||funds|||||
|General|fund|||3,221,516|(172,546)|3,048,970|
|TOTAL|FUNDS|||3,221,516|(172,546)|3,048,970|
|Net movement||in funds, included|in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
|Unrestricted||funds|||||
|General|fund||195,448|(267,994)|(100,000)|(172,546)|
|TOTAL|FUNDS||195,448|(267,994)|(100,000)|(172,546)|
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||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.4.20|in funds|31.3.21|
|Unrestricted|funds||||
|General fund||3,328,658|(107,142)|3,221,516|
|TOTAL FUNDS||3,328,658|(107,142)|3,221,516|
|||incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||||6||
|Unrestricted|funds|||||
|General fund||187,480|(54,622)|(240,000)|(107,142)|
|TOTAL FUNDS||187,480|(54,622)|(240,000)|(107,142)|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1.4.20|in funds|31.3.22|
|Unrestricted|funds||||
|General fund||3,328,658|(279,688)|3,048,970|
|TOTAL FUNDS||3,328,658|(279,688)|3,048,970|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||382,928|(322,616)|(340,000)|(279,688)|
|TOTAL FUNDS||382,928|(322,616)|(340,000)|(279,688)|
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