|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|6|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|10|to|16|
|Detailed Statement ofFinancial Activities||17||
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||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
||||||funds|funds|
|||||Notes|||
|INCOME|AND|ENDOWMENTS FROM|||||
|Investment|mcome||||193,988|186,249|
|EXPENDITURE||ON|||||
|Charitable|activities||||||
|Grants|||||120,256|103,817|
|Other|||||38,553|37,957|
|Total|||||158,809|141,774|
|Net gains/(losses)||on investments|||(399,810)|4,191|
|NET INCOME/(EXPENDITURE)|||||(364,631)|48,666|
|RECONCILIATION|||OF FUNDS||||
|Total funds|brought
forward||||3,938,939|3,890,273|
|TOTAL FUNDS||CARRIED FORWARD|||3,574,308|3,938,939|
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||BALANCE SHEET
31MARCH 2023|||
|---|---|---|---|
|||31.3.23|31.3.22|
|||Unrestricted|Total|
|||funds|funds|
||Notes|||
|FIXEDASSETS||||
|Investment
property||2,940,000|3,313,750|
|CURRENT ASSETS||||
|Debtors|9|11,713|6,969|
|Investments|10|460,646|449,905|
|Cash at bank||232,936|177466|
|||705,295|634,140|
|CREDITORS||||
|Amounts
falling due within one year||(70,987)|(8,951)|
|NET CURRENT ASSETS||634,308|625,189|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||3,574,308|3,938,939|
|NET ASSETS||3,574,308|3,938,939|
|FUNDS|13|||
|Unrestricted
funds||3,574,308|3,938,939|
|TOTAL FUNDS||3,574,308|3,938,939|
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||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
|||||||I|
||Rents receivable||||155,722|160,650|
||Other fees||&licences||32,896|20,373|
||Dividend|income|||4461|4,520|
||Interest receivable||||1,109|706|
||||||193,988|186,249|
|4.|CHARITABLE ACTIVITIES COSTS||||||
||||||Grant||
||||||funding of||
||||||activities||
|||||Direct|(see note||
|||||Costs|5)|Totals|
||Grants|||2,328|117,928|120,256|
|5.|GRANTS||PAYABLE||||
||||||31.3.23|31.3.22|
||Grants||||117,928|101,861|
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|||||2023|2022|
|---|---|---|---|---|---|
||||||f.|
|Grants approved
to Institutions:||||||
|Abbey Physic Community|Garden||||5,000|
|Arden Theatre|||||9,196|
|The Autism Apprentice
CIC|||||2,500|
|Boughton Under Blean Parish||Council|||2,050|
|Breakthrough
Community|Allotment|||500||
|Cinque Ports Rowing Club|CIC||||3,530|
|Crossroads Care Kent||||5,000||
|Curly's Legacy||||2,400||
|Doddington
Parish Council|||||5,000|
|Eastern Sheppey Community||Hub||500||
|Faversham
Assistance
Centre||||4,000||
|Faversham
Charters Advisory||Group|||10,000|
|Faversham
Pools||||7,500||
|Faversham
Swimming
Club|||||750|
|Faversham
Umbrella
Centre||||6,000||
|Graveney
and Goodnestone|Village Hall Charity|||2,000||
|Hartlip
Village Hall||||1,000||
|Imago Community||||2,770||
|Iwade at the Bam Trust|||||5,000|
|Kent Creative Arts|||||(5,000)|
|Kent Creative Arts|||||4,000|
|Milton Creek Country Park||||10,000||
|New Connections
Befriending||Service|||2,000|
|New Leaf Support||||1,136||
|Newington
Parish Council|||||5,000|
|Gare Garden and Allotment|Society|||1,625||
|Gare Parish Council|||||6,000|
|Painter's Forstal Community|Association||||4,000|
|PCC ofStMary &StMichael,||Sittingbourne|||5,000|
|Queenborough
Bowls Club|||||1,100|
|Queenborough
Town Community|||Centre|4,000|1,150|
|Rose Gold Gallery|||||300|
|Sheerness Dockyard Preservation|||Trust|10,000||
|Sheerness
Swimming
Club|||||3,000|
|Sheppey Cricket Club||||6,018||
|Sheppey Entertainment
Association||||5,000|2,500|
|Sheppey Hall Trust||||2,912|5,000|
|Sheppey Model Society|||||2,935|
|Sheppey Rugby Football Club||||10,000||
|Sheppey Sailing Club||||1,400||
|Sheppey War Memorial
Trust|||||10,000|
|Sittingbourne
Judo Club||||500||
|Sittingbourne
Scouts||||1,000||
|SSAFA|||||1,500|
|St John Ambulance||||8,000||
|TSHazard||||10,000||
|Upchurch
Cricket Club|||||5,000|
|Upchurch
Parish Council||||3,300|2,350|
|Upchurch
Short Mat Bowls|Club|||4,000||
|Upchurch
Village Hall Trust|||||3,000|
|Youth Resilience UK CIC||||7,350||
|Grants to Individuals||||17||
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||||||117,928|101,861|
|---|---|---|---|---|---|---|
|SUPPORT||COSTS|||||
|||||||Governance|
|||||||costs|
|Other resources expended||||||38,553|
|Support|costs, included||in the|above, are as follows:|||
|Governance||costs|||||
||||||31.3.23|31.3.22|
||||||Other||
||||||resources|Total|
||||||expended|activities|
|||||||I|
|Printing,|postage and stationery||||248|153|
|Accountancy||and independent||examiner's|||
|fees|||||1,380|1,740|
|Bookkeeping|||||3,600|3,371|
|Legal and professional|||fees||27,564|29,772|
|Insurance|||||987|971|
|Other|||||4,774|1,950|
||||||38,553|37,957|
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|INVESTMKNT PROPERTY||
|---|---|
|FAIR VALUE||
|At 1 April 2022|3,313,750|
|Impairments|(373,750)|
|At 31March 2023|2,940,000|
|NKT BOOK VALUE||
|At 31March 2023|2,940,000|
|At 31March 2022|3,313,750|
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|9.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||31.3.23|31.3.22|
||Other debtors and prepayments|11,713|6,969|
|10.|CURRENT ASSETINVES~|||
|||31.3.23|31.3.22|
||Listed investments|460,646|449,905|
|11.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||31.3.23|31.3.22|
||Trade creditors|31,221|6,709|
||Other creditors|39,766|2,242|
|||70,987|8,951|
##
||2023|2022|
|---|---|---|
|Within one year|155,200|155,650|
|Between on and five years|620,800|622,600|
|In more than five years|12,647,577|12,787,377|
||13,423,577|13,565,627|
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|MOVEMEN|T IN FUNDS|||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.4.22|in funds|31.3.23|
|Unrestricted|funds|||||
|General fund|||3,870,502|(362,303)|3,508,199|
|Queenborough|Hard Maintenance|and||||
|Repair Fund|||68,437|(2,328)|66,109|
||||3,938,939|(364,631)|3,574,308|
|TOTAL FUNDS|||3,938,939|(364,631)|3,574,308|
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|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|m funds|
||||||||f.|
|Unrestricted|fends|||||||
|General fund||||193,988|(156,481)|(399,810)|(362,303)|
|Queenborough|Hard Maintenance||and|||||
|Repair Fund|||||(2,328)||(2,328)|
|||||193,988|(158,809)|(399,810)|(364,631)|
|TOTAL FUNDS||||193,988|(158,809)|(399,810)|(364,631)|
|Comparatives|for movement|in|funds|||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.21|in funds|31.3.22|
|Unrestricted|funds|||||||
|General
fund|||||3,819,880|50,622|3,870,502|
|Queenborough|Hard Maintenance||and|||||
|Repair Fund|||||70,393|(1,956)|68,437|
||||||3,890273|48,666|3,938,939|
|TOTAL FUNDS|||||3,890,273|48,666|3,938,939|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted|funds||||||
|General fund|||186,249|(139,818)|4,191|50,622|
|Queenborough|Hard Maintenance|and|||||
|Repair Fund||||(1,956)||(1,956)|
||||186,249|(141,774)|4,191|48,666|
|TOTAL FUNDS|||186,249|(141,774)|4,191|48,666|
##
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|||||31.3.23|31.3.22|
|---|---|---|---|---|---|
||||||f,|
|INCOME AND ENDOWMENTS||||||
|Investment
income||||||
|Rents receivable||||155,722|160,650|
|Other fees 61licences||||32,896|20,373|
|Dividend income||||4,261|4,520|
|Interest receivable||||1,109|706|
|||||193,988|186,249|
|Total incoming resources||||193,988|186,249|
|Charitable
activities||||||
|Queenborough
Hard maintenance||||2,328|1,956|
|Grants to institutions||||117,928|101,861|
|||||120356|103,817|
|Supportcosts||||||
|Governance
costs||||||
|Printing,
postage and stationery||||248|153|
|Accountancy
and independent||examiner's|fees|1,380|1,740|
|Bookkeeping||||3,600|3,371|
|Legal and professional|fees|||27,564|29,772|
|Insurance||||987|971|
|Other||||4,774|1,950|
|||||38,553|37,957|
|Total resources expended||||158,809|141,774|
|Net income||||35,179|44,475|