2022-03-31-accounts

Trustees				Mr C Holt MBE Chairman
				Mr R I Paterson
				Mr R M Dawson
				Mr R F Kirkman
				Mr A Keenan
Secretary				Mr G Oatridge
Charity	number			1175323
Company		number		10764579
Registered			office	Unit 2 Olympic Court
				Whitehills Business Park
				Blackpool
				Lancashire
				FY4 5GU
independent			examiner	Champion Accountants	LLP
				Unit 2 Olympic Court
				Whitehills Business Park
				Blackpool
				Lancashire
				FY4 5GU

			Page
Trustees' report			1-2
Independent examiner's		report
Statement offinancial	activities
Balance sheet			5-6
Notes to the financial	statements		7-14

				Unrestricted	Restricted	Total Unrestricted	Total Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2022	2022		2021	2021	2021
			Notes	E	E		E	E	E
~tc m~efoei
Donations and legacies				470		470	25		25
Investments				147,111		147,111	140,252		140,252
Total income				147,581		147,581	140,277		140,277
Et02ttttdiiuttt~
Charitable activities				6,193		6,193	5,846		5,846
Other			10	21,972		21,972	13,776		13,776
Total expenditure				28,165		28,165	19,622		19,622
Net gains/(losses)		on
investments			9	(48,751)		(48,751)
Net income for	the year/
Net movement in		funds		70,665		70,665	120,655		120,655
Fund balances at 1 April			2021	5,538,219	558,270	6,096,489	5,417,564	558,270	5,975,834
Fund balances	at	31 March
2022				5,608,884	558,270	6,167,154	5,538,219	558,270	6,096,489

				2022		2021
			Notes	6		f
Fixed assets
Investment	properties				6,543,000		6,900,250
Current assets
Debtors falling due after one year			12	82,500
Debtors falling due within one year			12	7,500
Cash at bank and in		hand		380,305		31,027
				470,305		31,027
Creditors:	amounts	falling due within
one year			14	(295,852)		(108,164)
Net current	assets/(liabilities)				174,453		(77,137)
Total assets less current liabilities					6,717,453		6,823,113
Creditors:	amounts	falling due after
more than	one year		15		(550,299)		(726,624)
Net assets					6,167,154		6,096,489
Income funds
Restricted	funds		16		558,270		558,270
Unrestricted	funds				5,608,884		5,538,219
					6,167,154		6,096,489

3	Donations	and legacies	and legacies	and legacies
					Unrestricted	Unrestricted
					funds	funds
					2022 6	2021f
	Donations	and	gifts		470	25
4	Investments
					Unrestricted	Unrestricted
					funds	funds
					2022f	2021f
	Rental income				147,090	140,190
	Interest receivable				21	62
					147,111	140,252
5	Charitable	activities
					Direct	Direct
					expenditure	expenditure
					2022	2021
					6	f
	Bank Charges				81	80
	Irrecoverable		VAT		562	1,226
	Repairs					138
	Legal Fees				2,600	1,552
					3,243	2,996
	Share of governance			costs (see note 6)	2,950	2,850
					6,193	5,846

8	Supportcosts	Supportcosts
			Support	Governance	2022	Support	Governance	2021
			costs	costs		costs	costs
			E	f	E	f	E	E
	Accountancy			2,950	2,950		2,850	2,850
				2,950	2,950		2,850	2,850
	Analysed	between
	Charitable	activities		2,950	2,950		2,850	2,850

2022	2021
Number	Number

	Total
9	Net	gains/(losses)	on	investments

Net gains/(	loss	es)	on	investmen	ts
						Unrestricted	Total
						funds
						2022	2021
						E	f
Gain/(loss)	on	sale	of	investment	properties	(48,751)

		Unrestricted	Unrestricted
		funds	funds
		2022	2021
Financing	costs	21,972	13,776

11	Investment	property
			2022
			E
	Fair value
	At 1 April 2021		6,900,250
	Disposals		(357,250)
	At 31 March	2022	6,543,000

12	Debtors
		2022	2021
	Amounts falling due within one year:	E	E
	Other debtors	7,500
		2022	2021
	Amounts falling due after more than one year:	E	E
	Other debtors	82,500
	Total debtors	90,000

		2022	2021
		E	E
Bank loans		575,851	782,132
Payable	within one year	25,552	55,508
Payable	after one year	550,299	726,624
Amounts	included above which fall due after five years;
Payable	by instalments	448,090	504,594

			2022	2021
		Notes	E	E
Bank loans		13	25,552	55,508
Other taxation and social security			2,892	2,950
Trade creditors			69	69
Other creditors			264,439	41,267
Accruals and deferred	income		2,900	8,370
			295,852	108,164

Credi	tors: amounts falling due after	more than one year
			2022	2021
		Notes	E	E
Bank	loans	13	550,299	726,624

					Movement		Movement
					in funds		in funds
				Balance at	Incoming	Balance at	Incoming	Balance at
			1	April 2020	resources	1 April 2021	resources	31 March 2022
				f	f	E	E	E
Paterson	House	development		558,270		558,270		558,270

17	Analysis	of net assets	between funds
			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2022	2022	2022	2021	2021	2021
				f	E	E	E	E
	Fund balances at 31
	March 2022 are
	represented by:
	Investment	properties	5,984,730	558,270	6,543,000	6,341,980	558,270	6,900,250
	Current assets/
	(liabilities)		174,453		174,453	(77,137)		(77,137)
	Long term	liabilities	(550,299)		(550,299)	(726,624)		(726,624)
			5,608,884	558,270	6,167,154	5,538,219	558,270	6,096,489