| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report oftbe Trustees | 2 | to | 6 |
| Report ofthe Indepeadent Auditors |
7 | to | 9 |
| Statement ofFinancial Activities | 10 | ||
| Balance Sheet | 11 | to | 12 |
| Cash Flow Statement | 13 | ||
| Notes to tbe Cash Flow Statement | 14 | ||
| Notes to the Financial Statements | 1$ | to | 22 |
| Detailed Statement of Financial Activities | 23 | to | 24 |
| for the Year Ended 3 | 1December 2022 | |||||
|---|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | f. | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 427,366 | 427,366 | 644,368 | ||
| Charitable activities |
||||||
| Rental properties . | 136,825 | |||||
| Investment income |
3 | 245,720 | 245,720 | 231,876 | ||
| Other income | 5 | 83,358 | 83358 | |||
| Total | 756,444 | 756444 | 1013,069 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 6 | 10,713 | 10,713 | 499 | ||
| Cbaritable activities |
7 | |||||
| Rental properties | 162,327 | 162,327 | 155,055 | |||
| Local occupancy project | 8,018 | 8,018 | ||||
| Total | 181,058 | 181,058 | 155,554 | |||
| NET INCOME | 575,386 | 575,386 | 857,515 | |||
| Transfers between funds |
19 | 230,000 | (230,000) | |||
| Net movement ia funds |
805,386 | (230,000) | 575,386 | 857,515 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
5,302,851 | 230,000 | 5,532,851 | 4,675,336 | ||
| TOTAL FUNDS CARRIED FORWARD | 6 108,237 | 6 108237 | 5,532,851 |
| Balance Sheet 31December 2022 |
|||||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | f. | f. | |||
| FIXEDASSETS | |||||
| Tangible assets | 13 | 5,491,221 | 5,491,221 | 5,209,155 | |
| CURRENT ASSETS | |||||
| Debtors | 14 | 7,172 | 7,1721 | 3,993 | |
| Prepayments and accrued income |
230,000 | ||||
| Cash at bank | 1,395,916 | 1,395,916 | 179,182 | ||
| 1,403,088 | 1,403,088 | 413,175 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (70,251) | (70,251) | (39,479) | |
| NET CURRENT ASSETS | 1,332,837 | 1,332,837 | 373,696 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 6,824,058 | 6,824,058 | 5,582,851 | ||
| CREDITORS | |||||
| Amounts falling due afier more than one year |
16 | (715,821) | (715,821) | (50,000) | |
| NET ASSETS | 6,108,237 | 6,108237 | 5,532,851 | ||
| FUNDS | 19 | ||||
| Unrestricted funds |
6,108,237 | 5,302,851 | |||
| Restricted funds | 230,000 | ||||
| TOTAL FUNDS | 6.108 237 | 5,532,851 |
| for tbe Year Ended 31D | ecember 20 | 22 | |||
|---|---|---|---|---|---|
| Notes | 31.12.22f | 31.12.21f | |||
| Cash tlows from operating activities |
|||||
| Cash generated fioin operations |
753,613 | 691,560 | |||
| Interest paid | (27,650) | (8,803) | |||
| Net cash provided by operating activities |
725,963 | 682 757 | |||
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets Saleoftangible fixed assets |
(672,066) 473,358 |
(537,983) | |||
| Interest received Net cash used in investing |
activities | 510 ~)98,) 98) |
26 ~537.957 |
||
| Cash flows from financing | activities | ||||
| New loans in year Loan repayments in year Net cash provided by financing activities |
700,000 ~)),93)) 688,969 |
||||
| Change in cash and cash | equivalents | in | |||
| the reporting period |
1,216,734 | 144,800 | |||
| Cash and cash equivalents | at the | ||||
| beginning oftbe reporting |
period | 179,182 | 34,382 | ||
| Cash and cash equivalents | at the end | of | |||
| tbe reporting period |
1,395,916 | 179,182 |
| Year Ended 31Decei | Year Ended 31Decei | Year Ended 31Decei | nber 2022 | nber 2022 | nber 2022 | nber 2022 |
|---|---|---|---|---|---|---|
| RECONCILIATION | OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | |||||
| 31.12.22 | 31.12.21 | |||||
| f | ||||||
| Net income Activities) |
for the | reporting | period (asper the Statement of Financial | 575,386 | 857,515 | |
| Adjustments | for: | |||||
| Profit on disposal offixed assets | (83,358) | |||||
| Interest received | (510) | (26) | ||||
| Interest paid | 27,650 | 8,803 | ||||
| Decrease/(increase) Increase in creditors |
in | debtors | 226,821 7,624 |
(199,822) 25 090 |
||
| Net cash provided | by | operatioas | 53 613 | 691,560 | ||
| ANALYSIS | OFCHANGES IN NET FUNDS | |||||
| At 1.1.22 | Cash flow | At 31.12.22 | ||||
| f. | ||||||
| Net cash | ||||||
| Cash at bank | 179,182 | 1,216,734 | 1,395,916 | |||
| 179182 | 1,216,734 | 1,395,916 | ||||
| Debt | ||||||
| Debts falling | due within 1 year |
(23,148) | (23,148) | |||
| Debts falling | due alter | 1year | (50,000) ~(5ll000 |
(665,821) ~688969 |
(715,821) ~738969 |
|
| Total | 129182 | 527765 | 656947 |
| Further explanati | on ofthe nature and purpose ofeach fund is included | on ofthe nature and purpose ofeach fund is included | on ofthe nature and purpose ofeach fund is included | in the notes to the financial |
statements. | |
|---|---|---|---|---|---|---|
| 2. | DONATIONS | AND LEGACIES | ||||
| 31.12.22f | 31.12.21 | |||||
| Donations | 354 | 2 | ||||
| Legacies | 427,012 | 644,366 | ||||
| 427,366 | 644,368 | |||||
| 3. | INVESTMENT INCOME | |||||
| 31.12.22 | 31.12.21 | |||||
| Rents received | 245,210 | 231,850 | ||||
| Deposit account | interest | 510 | 26 | |||
| 245,720 | 231,876 | |||||
| INCOME FROM CHARITABLE ACTIVITIES | ||||||
| 31.12.22 | 31.12.21 | |||||
| Activity | f | |||||
| Grants | Rental properties | ~136825 | ||||
| Grants received, | included | in the above, are as follows: | ||||
| 31.12.22 | 31.12.21 | |||||
| SLDC Affordable Housing |
~136825 | |||||
| 5. | OTHER INCOME | |||||
| 31.12.22 | 31.12.21 | |||||
| f | ||||||
| Gain on sale of | tangible | fixed | assets | 83,358 |
| for tb | e Year Ended 31Decem | ber 2022 | |||||
|---|---|---|---|---|---|---|---|
| 6. | RAISING FUNDS | ||||||
| Raising donations and |
legacies | ||||||
| 31.12.22 | 31.12.21f | ||||||
| Support costs | 10,713 | 499 | |||||
| 7. | CHARITABLE ACTIVITIES COSTS | ||||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costsf | note 8) | Totals | |||||
| Rental properties | 81,175 | 81,152 | 162,327 | ||||
| Local occupancy project | 8,018 | 8,018 | |||||
| 89,193 | 81,152 | 170,345 | |||||
| 8. | SUPPORT COSTS | ||||||
| Governance | |||||||
| Management | Financef | costsf | Totalsf | ||||
| Raising donations and legacies |
10,713 | 10,713 | |||||
| Rental properties | 27,865 | 53,287 | 81,152 | ||||
| 10,713 | 27,865 | 53,287 | 91,865 | ||||
| 9. | NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||||
| 31.12.22 | 31.12.21 | ||||||
| Auditors' remuneration |
5,781 | 4,358 | |||||
| Surplus on disposal offixed assets | ~83,358) | ||||||
| 10. | TRUSTEES' REMUNERATION | AND BENEFITS | |||||
| There were no trustees' | remuneration | or other benefits | for the year | ended 31December 2022 nor for the year ended | |||
| 31 December 2021. | |||||||
| Trustees' expenses |
|||||||
| 31,12.22 | 31.12.21 | ||||||
| Trustees' expenses | 764 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| f, | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
414,368 | 230,000 | 644,368 |
| Charitable activities |
|||
| Rental properties | 136,825 | 136,825 | |
| Investment income |
231 876 | 231,876 | |
| Total | 646 244 | 366,825 | 1,013,069 |
| EXPENDITURE ON | |||
| Raising funds | 499 | 499 | |
| Charitable activities |
|||
| Rental properties | 155 055 | 155,055 | |
| Total | 155 554 | 155,554 | |
| NET INCOME Transfers between funds |
490,690 136825 |
366,825 ~336825 |
857,515 |
| Net movement in funds |
627,515 | 230,000 | 857,515 |
| RECONCILIATION OF FUNDS | |||
| Total funds bmught forward |
4,675,336 | 4,675,336 | |
| TOTAL FUNDS CARRIED FORWARD | 5 302.851 | 230 000 | 5,532,851 |
| TANGIBLE FIXEDASSETS | |||
| Freehold | |||
| property | |||
| COST | |||
| At 1 January 2022 | 5,209,155 | ||
| Additions | 672,066 | ||
| Disposals | (390,000) | ||
| At 31December 2022 | 5,491,221 | ||
| NET BOOK VALUE | |||
| At 31December 2022 | 5,491,221 | ||
| At 31December 2021 | 5,209,155 |
| DEBTORS:AMOUNTS FALLING DUE WIT | HIN ONE YEAR | |
|---|---|---|
| 31.12.22f | 31.12.21f | |
| Rent arrears | 2,113 | 886 |
| Prepayments | 5,059 | 3,107 |
| 7,172 | 3,993 |
| 15. | CREDITO | RS: AMOUNTS FALLING DUR WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 31.12.22f | 31.12.21 | |||
| Bank loans | snd overdrafls (see note 17) |
23,148 | ||
| Trade creditors | 39,053 | 24,623 | ||
| Accrued expenses | 8,050 | 14,856 | ||
| 70,251 | 39,479 | |||
| 16. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||
| 31.12.22 | 31.12.21f | |||
| 715,821 | 50,000 | |||
| 17. | LOANS | |||
| An analysis | ofthe maturity ofloans is given below: | |||
| 31.12.22 | 31.12.21 | |||
| Amounts falling due within one year on demand: |
||||
| Bank loans | 23,148 | |||
| Amounts falling between one and two years: |
||||
| Bank loans | - 1-2years | 23,148 | 50,000 | |
| Amounts falling due between two and five years: |
||||
| Bank loans | - 2-5 years | 69,443 | ||
| Amounts falling due in more than five years: |
||||
| Repayable | by instalments: | |||
| Bank loans | more 5 yr by instal | 623,230 |
| MOVEMENT | IN FUNDS | ||||||
|---|---|---|---|---|---|---|---|
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.1.22 | in funds | funds | 31.12.22 | ||||
| f | f | f | f. | ||||
| Unrestricted | funds | ||||||
| General fund | 5,302,851 | 575,386 | 230,000 | 6,108,237 | |||
| Restricted funds | |||||||
| Legacy to cover new houses in | Grasmere | 230,000 | (230,000) | ||||
| TOTAL FUNDS | 5.532.851 | 575,386 | 6,108,237 | ||||
| Net inoveinent | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expendedf | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 756,444 | (181,058) | 575,386 | ||||
| TOTAL FUNDS | 756,444 | (181,058) | 575,386 | ||||
| Comparatives | for movement | in | funds | ||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.1.21 | in fundsf | funds | 31.12.21 | ||||
| Unrestricted | funds | ||||||
| General fund | 4,675,336 | 490,690 | 136,825 | 5,302,851 | |||
| Restricted funds | |||||||
| Capital grants | 136,825 | (136,825) | |||||
| Legacy to cover new houses in | Grasmere | 230,000 366,825 |
~136,825 | 230 000 230 000 |
|||
| TOTAL FUNDS | 4.675 336 | 857,515 | - | 5 532 851 |
| MOVEMENT IN FUNDS | MOVEMENT IN FUNDS | - continued | - continued | - continued | ||
|---|---|---|---|---|---|---|
| Comparative net movement |
in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | (155,554) | 490,690 | ||||
| Restricted funds | ||||||
| Capital grants | 136,825 | 136,825 | ||||
| Legacy to cover new houses | in Grasmere | 230,000 | 230,000 | |||
| TOTAL FUNDS | 366825 1,013,069 |
~355,554 | 366,825 057,515 |
|||
| A current year 12months | and prior year 12months | combined position is as follows: | ||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.21 | in fundsf | funds | 31.12.22 | |||
| Unrestricted funds |
||||||
| General fund | 4,675,336 | 1,066,076 | 366,825 | 6,108,237 | ||
| Restricted funds | ||||||
| Capital grants Legacy to cover new houses |
in Grasmere | 136,825 230,0DD |
(136,825) ~2300007 |
|||
| 366,825 | (366,825) | |||||
| TOTAL FUNDS | 4,675,336 | 1,432,901 | 6,108,237 | |||
| A current year 12months | and prior year 12months | combined net movement in |
funds, included | in the above are as | ||
| follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources f |
expendedf | in funds f. |
||||
| Unrestricted funds |
||||||
| General fund | 1,402,688 | (336,612) | 1,066,076 | |||
| Restricted funds | ||||||
| Capital grants | 136,825 | 136,825 | ||||
| Legacy to cover new houses | in Grasmere | 230,000 | 230,000 | |||
| 366,825 | 366,825 | |||||
| TOTAL FUNDS | ~1769,513 | ~(336,612 | 1,432,901 |
| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Report oftbe Trustees | 2 | to | 6 |
| Report ofthe Indepeadent Auditors |
7 | to | 9 |
| Statement ofFinancial Activities | 10 | ||
| Balance Sheet | 11 | to | 12 |
| Cash Flow Statement | 13 | ||
| Notes to tbe Cash Flow Statement | 14 | ||
| Notes to the Financial Statements | 1$ | to | 22 |
| Detailed Statement of Financial Activities | 23 | to | 24 |
| for the Year Ended 3 | 1December 2022 | |||||
|---|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | f. | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 427,366 | 427,366 | 644,368 | ||
| Charitable activities |
||||||
| Rental properties . | 136,825 | |||||
| Investment income |
3 | 245,720 | 245,720 | 231,876 | ||
| Other income | 5 | 83,358 | 83358 | |||
| Total | 756,444 | 756444 | 1013,069 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 6 | 10,713 | 10,713 | 499 | ||
| Cbaritable activities |
7 | |||||
| Rental properties | 162,327 | 162,327 | 155,055 | |||
| Local occupancy project | 8,018 | 8,018 | ||||
| Total | 181,058 | 181,058 | 155,554 | |||
| NET INCOME | 575,386 | 575,386 | 857,515 | |||
| Transfers between funds |
19 | 230,000 | (230,000) | |||
| Net movement ia funds |
805,386 | (230,000) | 575,386 | 857,515 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward |
5,302,851 | 230,000 | 5,532,851 | 4,675,336 | ||
| TOTAL FUNDS CARRIED FORWARD | 6 108,237 | 6 108237 | 5,532,851 |
| Balance Sheet 31December 2022 |
|||||
|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | f. | f. | |||
| FIXEDASSETS | |||||
| Tangible assets | 13 | 5,491,221 | 5,491,221 | 5,209,155 | |
| CURRENT ASSETS | |||||
| Debtors | 14 | 7,172 | 7,1721 | 3,993 | |
| Prepayments and accrued income |
230,000 | ||||
| Cash at bank | 1,395,916 | 1,395,916 | 179,182 | ||
| 1,403,088 | 1,403,088 | 413,175 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (70,251) | (70,251) | (39,479) | |
| NET CURRENT ASSETS | 1,332,837 | 1,332,837 | 373,696 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 6,824,058 | 6,824,058 | 5,582,851 | ||
| CREDITORS | |||||
| Amounts falling due afier more than one year |
16 | (715,821) | (715,821) | (50,000) | |
| NET ASSETS | 6,108,237 | 6,108237 | 5,532,851 | ||
| FUNDS | 19 | ||||
| Unrestricted funds |
6,108,237 | 5,302,851 | |||
| Restricted funds | 230,000 | ||||
| TOTAL FUNDS | 6.108 237 | 5,532,851 |
| for tbe Year Ended 31D | ecember 20 | 22 | |||
|---|---|---|---|---|---|
| Notes | 31.12.22f | 31.12.21f | |||
| Cash tlows from operating activities |
|||||
| Cash generated fioin operations |
753,613 | 691,560 | |||
| Interest paid | (27,650) | (8,803) | |||
| Net cash provided by operating activities |
725,963 | 682 757 | |||
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed assets Saleoftangible fixed assets |
(672,066) 473,358 |
(537,983) | |||
| Interest received Net cash used in investing |
activities | 510 ~)98,) 98) |
26 ~537.957 |
||
| Cash flows from financing | activities | ||||
| New loans in year Loan repayments in year Net cash provided by financing activities |
700,000 ~)),93)) 688,969 |
||||
| Change in cash and cash | equivalents | in | |||
| the reporting period |
1,216,734 | 144,800 | |||
| Cash and cash equivalents | at the | ||||
| beginning oftbe reporting |
period | 179,182 | 34,382 | ||
| Cash and cash equivalents | at the end | of | |||
| tbe reporting period |
1,395,916 | 179,182 |
| Year Ended 31Decei | Year Ended 31Decei | Year Ended 31Decei | nber 2022 | nber 2022 | nber 2022 | nber 2022 |
|---|---|---|---|---|---|---|
| RECONCILIATION | OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | |||||
| 31.12.22 | 31.12.21 | |||||
| f | ||||||
| Net income Activities) |
for the | reporting | period (asper the Statement of Financial | 575,386 | 857,515 | |
| Adjustments | for: | |||||
| Profit on disposal offixed assets | (83,358) | |||||
| Interest received | (510) | (26) | ||||
| Interest paid | 27,650 | 8,803 | ||||
| Decrease/(increase) Increase in creditors |
in | debtors | 226,821 7,624 |
(199,822) 25 090 |
||
| Net cash provided | by | operatioas | 53 613 | 691,560 | ||
| ANALYSIS | OFCHANGES IN NET FUNDS | |||||
| At 1.1.22 | Cash flow | At 31.12.22 | ||||
| f. | ||||||
| Net cash | ||||||
| Cash at bank | 179,182 | 1,216,734 | 1,395,916 | |||
| 179182 | 1,216,734 | 1,395,916 | ||||
| Debt | ||||||
| Debts falling | due within 1 year |
(23,148) | (23,148) | |||
| Debts falling | due alter | 1year | (50,000) ~(5ll000 |
(665,821) ~688969 |
(715,821) ~738969 |
|
| Total | 129182 | 527765 | 656947 |
| Further explanati | on ofthe nature and purpose ofeach fund is included | on ofthe nature and purpose ofeach fund is included | on ofthe nature and purpose ofeach fund is included | in the notes to the financial |
statements. | |
|---|---|---|---|---|---|---|
| 2. | DONATIONS | AND LEGACIES | ||||
| 31.12.22f | 31.12.21 | |||||
| Donations | 354 | 2 | ||||
| Legacies | 427,012 | 644,366 | ||||
| 427,366 | 644,368 | |||||
| 3. | INVESTMENT INCOME | |||||
| 31.12.22 | 31.12.21 | |||||
| Rents received | 245,210 | 231,850 | ||||
| Deposit account | interest | 510 | 26 | |||
| 245,720 | 231,876 | |||||
| INCOME FROM CHARITABLE ACTIVITIES | ||||||
| 31.12.22 | 31.12.21 | |||||
| Activity | f | |||||
| Grants | Rental properties | ~136825 | ||||
| Grants received, | included | in the above, are as follows: | ||||
| 31.12.22 | 31.12.21 | |||||
| SLDC Affordable Housing |
~136825 | |||||
| 5. | OTHER INCOME | |||||
| 31.12.22 | 31.12.21 | |||||
| f | ||||||
| Gain on sale of | tangible | fixed | assets | 83,358 |
| for tb | e Year Ended 31Decem | ber 2022 | |||||
|---|---|---|---|---|---|---|---|
| 6. | RAISING FUNDS | ||||||
| Raising donations and |
legacies | ||||||
| 31.12.22 | 31.12.21f | ||||||
| Support costs | 10,713 | 499 | |||||
| 7. | CHARITABLE ACTIVITIES COSTS | ||||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costsf | note 8) | Totals | |||||
| Rental properties | 81,175 | 81,152 | 162,327 | ||||
| Local occupancy project | 8,018 | 8,018 | |||||
| 89,193 | 81,152 | 170,345 | |||||
| 8. | SUPPORT COSTS | ||||||
| Governance | |||||||
| Management | Financef | costsf | Totalsf | ||||
| Raising donations and legacies |
10,713 | 10,713 | |||||
| Rental properties | 27,865 | 53,287 | 81,152 | ||||
| 10,713 | 27,865 | 53,287 | 91,865 | ||||
| 9. | NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||||
| 31.12.22 | 31.12.21 | ||||||
| Auditors' remuneration |
5,781 | 4,358 | |||||
| Surplus on disposal offixed assets | ~83,358) | ||||||
| 10. | TRUSTEES' REMUNERATION | AND BENEFITS | |||||
| There were no trustees' | remuneration | or other benefits | for the year | ended 31December 2022 nor for the year ended | |||
| 31 December 2021. | |||||||
| Trustees' expenses |
|||||||
| 31,12.22 | 31.12.21 | ||||||
| Trustees' expenses | 764 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| f, | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
414,368 | 230,000 | 644,368 |
| Charitable activities |
|||
| Rental properties | 136,825 | 136,825 | |
| Investment income |
231 876 | 231,876 | |
| Total | 646 244 | 366,825 | 1,013,069 |
| EXPENDITURE ON | |||
| Raising funds | 499 | 499 | |
| Charitable activities |
|||
| Rental properties | 155 055 | 155,055 | |
| Total | 155 554 | 155,554 | |
| NET INCOME Transfers between funds |
490,690 136825 |
366,825 ~336825 |
857,515 |
| Net movement in funds |
627,515 | 230,000 | 857,515 |
| RECONCILIATION OF FUNDS | |||
| Total funds bmught forward |
4,675,336 | 4,675,336 | |
| TOTAL FUNDS CARRIED FORWARD | 5 302.851 | 230 000 | 5,532,851 |
| TANGIBLE FIXEDASSETS | |||
| Freehold | |||
| property | |||
| COST | |||
| At 1 January 2022 | 5,209,155 | ||
| Additions | 672,066 | ||
| Disposals | (390,000) | ||
| At 31December 2022 | 5,491,221 | ||
| NET BOOK VALUE | |||
| At 31December 2022 | 5,491,221 | ||
| At 31December 2021 | 5,209,155 |
| DEBTORS:AMOUNTS FALLING DUE WIT | HIN ONE YEAR | |
|---|---|---|
| 31.12.22f | 31.12.21f | |
| Rent arrears | 2,113 | 886 |
| Prepayments | 5,059 | 3,107 |
| 7,172 | 3,993 |
| 15. | CREDITO | RS: AMOUNTS FALLING DUR WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 31.12.22f | 31.12.21 | |||
| Bank loans | snd overdrafls (see note 17) |
23,148 | ||
| Trade creditors | 39,053 | 24,623 | ||
| Accrued expenses | 8,050 | 14,856 | ||
| 70,251 | 39,479 | |||
| 16. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||
| 31.12.22 | 31.12.21f | |||
| 715,821 | 50,000 | |||
| 17. | LOANS | |||
| An analysis | ofthe maturity ofloans is given below: | |||
| 31.12.22 | 31.12.21 | |||
| 6 | ||||
| Amounts falling due within one year on demand: |
||||
| Bank loans | 23,148 | |||
| Amounts falling between one and two years: |
||||
| Bank loans | - 1-2years | 23,148 | 50,000 | |
| Amounts falling due between two and five years: |
||||
| Bank loans | - 2-5 years | 69,443 | ||
| Amounts falling due in more than five years: |
||||
| Repayable | by instalments: | |||
| Bank loans | more 5 yr by instal | 623,230 |
| MOVEMENT | IN FUNDS | ||||||
|---|---|---|---|---|---|---|---|
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.1.22 | in funds | funds | 31.12.22 | ||||
| f | f | f | f. | ||||
| Unrestricted | funds | ||||||
| General fund | 5,302,851 | 575,386 | 230,000 | 6,108,237 | |||
| Restricted funds | |||||||
| Legacy to cover new houses in | Grasmere | 230,000 | (230,000) | ||||
| TOTAL FUNDS | 5.532.851 | 575,386 | 6,108,237 | ||||
| Net inoveinent | in funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expendedf | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 756,444 | (181,058) | 575,386 | ||||
| TOTAL FUNDS | 756,444 | (181,058) | 575,386 | ||||
| Comparatives | for movement | in | funds | ||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1.1.21 | in fundsf | funds | 31.12.21 | ||||
| Unrestricted | funds | ||||||
| General fund | 4,675,336 | 490,690 | 136,825 | 5,302,851 | |||
| Restricted funds | |||||||
| Capital grants | 136,825 | (136,825) | |||||
| Legacy to cover new houses in | Grasmere | 230,000 366,825 |
~136,825 | 230 000 230 000 |
|||
| TOTAL FUNDS | 4.675 336 | 857,515 | - | 5 532 851 |
| MOVEMENT IN FUNDS | MOVEMENT IN FUNDS | - continued | - continued | - continued | ||
|---|---|---|---|---|---|---|
| Comparative net movement |
in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | (155,554) | 490,690 | ||||
| Restricted funds | ||||||
| Capital grants | 136,825 | 136,825 | ||||
| Legacy to cover new houses | in Grasmere | 230,000 | 230,000 | |||
| TOTAL FUNDS | 366825 1,013,069 |
~355,554 | 366,825 057,515 |
|||
| A current year 12months | and prior year 12months | combined position is as follows: | ||||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.21 | in fundsf | funds | 31.12.22 | |||
| Unrestricted funds |
||||||
| General fund | 4,675,336 | 1,066,076 | 366,825 | 6,108,237 | ||
| Restricted funds | ||||||
| Capital grants Legacy to cover new houses |
in Grasmere | 136,825 230,0DD |
(136,825) ~2300007 |
|||
| 366,825 | (366,825) | |||||
| TOTAL FUNDS | 4,675,336 | 1,432,901 | 6,108,237 | |||
| A current year 12months | and prior year 12months | combined net movement in |
funds, included | in the above are as | ||
| follows: | ||||||
| Incoming | Resources | Movement | ||||
| resources f |
expendedf | in funds f. |
||||
| Unrestricted funds |
||||||
| General fund | 1,402,688 | (336,612) | 1,066,076 | |||
| Restricted funds | ||||||
| Capital grants | 136,825 | 136,825 | ||||
| Legacy to cover new houses | in Grasmere | 230,000 | 230,000 | |||
| 366,825 | 366,825 | |||||
| TOTAL FUNDS | ~1769,513 | ~(336,612 | 1,432,901 |