HOLLAND HOUSE CIO (Registered Charity Number 1179244)
Financial Statements for the year ended 31 December 2022
HOLLAND HOUSE CIO
Financial Statements for the year ended
31 December 2022
| Contents | |||
|---|---|---|---|
| Page | 3 | Reference and administration information | |
| 4 | Report of the Trustees | ||
| 7 | Independent Examiner’s Report | ||
| 8 | Statement of Financial Activities | ||
| 9 | Balance Sheet | ||
| 10 - 16 | Notes to the Financial Statements |
HOLLAND HOUSE CIO
REFERENCE AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1179244
TRUSTEES:
| TRUSTEES: | |
|---|---|
| Bishop's Nominee | Paul West |
| Diocesan Board of Finance | Derek Valentine Hon. Treasurer |
| (DBF) Nominees | Duncan Cadbury Acting Chairman from |
| December 2022 | |
| Friends of Holland House | Virginia Pawlyn Chairman to November 2022 |
| Nominees | Alma Organ |
| Peter Knight | |
| PRINCIPAL OFFICE: | Holland House, Main Street, Cropthorne, |
| Pershore, WR10 3NB | |
| INDEPENDENT EXAMINER: | Mr David Hibbitt, 3 Jenny Wren Row, |
| Droitwich, WR9 7FW | |
| BANKERS: | Co-operative Bank, PO Box 250, |
| Skelmersdale, WN8 6WT | |
| INVESTMENT MANAGERS | CCLA Investment Management |
| & C.O.I.F Charities Deposit Fund | |
| One Angel Lane | |
| London EC4R 3AB |
HOLLAND HOUSE CIO
STRUCTURE, GOVERNANCE AND MANAGEMENT
Holland House CIO (the “Charity”) was established on 18 July 2018, and on 18 September 2019 replaced the Registered Charity, Holland House (No. 504839) which was established on 19 December 1975. The Charity manages the building and operations of Holland House, Cropthorne which was bequeathed to Diocese of Worcester following the death of Lady Holland in 1946.
The Charity is governed by a board of six trustees. These comprise a nominee of Bishop of Worcester, two nominees of Worcester Diocesan Board of Finance (DBF) and three nominees of Friends of Holland House.
REPORT OF THE TRUSTEES
The Trustees present their Report and Accounts for the year ended 31 December 2022.
Objects
The Objects of the Charity are:
The promotion of Christian education by the management of Holland House, Cropthorne as a Christian centre and place for individuals and groups to visit to develop their spirituality by means of retreats and conferences.
Public Benefit: Achievement & Performance
After the difficulties of keeping Holland House running through the pandemic, 2022 allowed a degree of normality to return. As a result of maintaining regular contact with guests through the pandemic, many had kindly allowed us to hold their deposits and were finally able to enjoy their visit in 2022. We were delighted also to be receiving an increasing number of new enquiries from individuals and groups. This new business came from people who were keen to take advantage of "life after the pandemic" after spending nearly two years living under its shadow of fear, sadness and isolation.
The delivery of high-quality services to this huge up-lift in visitors and residential guests, following a period of virtually no business, proved to be a challenge. In particular, staff shortages across the entire hospitality sector created a variety of problems. We had managed to retain all our extremely loyal core staff team members throughout the COVID-19 crisis. However, uncertainty caused by the pandemic had caused some other staff to retire, resign or take voluntary redundancy. This meant that our core staff needed to embrace roles and tasks not usually associated with their employment contracts - a challenge that they rose to magnificently. We also ran a recruitment campaign for some non-managerial roles. This eventually proved successful, albeit very slowly. In the interim period, we benefitted from some wonderful support from volunteers and The Friends of Holland House.
One example of this support was to help recover the gardens and grounds which had become very overgrown during lock-down and the kitchen garden in particular had become unusable. We circulated a request for support via The Friends of
Holland House, and a small group of volunteers, aided by our Gardener and our consultant Head Gardener (who redesigned the kitchen garden into more manageable "allotment" spaces) set about achieving the transformation required. The result was that our kitchen garden is now in a better condition than it has been for a long time, and our chefs are very excited about the prospect of working with home-grown fresh fruit and vegetables once again.
In addition to guests following their own timetables whilst in residence, many others were attracted by events on the Holland House programme, which again played a part in the year's financial success. The Warden created and led 22 events during the year, which were supplemented by regular Friends' Lunches (lunch and a speaker), Quiet Garden Days, and input from well-known retreat leaders such as the renowned author and scholar Esther de Waal.
Holland House continues to operate as a Christian House of Hospitality - a consciously inclusive space that welcomes all in the name and love of Christ. The House is dedicated to the well-being of everyone who works there or visits, in addition to the wonders of nature that make up its beautiful gardens and grounds. It holds together diverse groups from across the Christian tradition, as well as others who may not have the same beliefs, but none-the-less know the value of being in Harmony with Creation. The fact that so many groups and individual guests returned to Holland House in 2022 - or came for the first time - bears eloquent testimony to the on-going need for its ministry in support of visitors' physical, mental and spiritual health.
Financial Review
During the year income exceeded expenditure by £42,199 (2021 - income exceeded expenditure by £74,023)
Interest received in the period amounted to £2,830 (2021 - £51).
At 31 December 2022, Unrestricted funds amounted to £210,969 (2021 - £179,041), including Designated Funds of £59,386 (2021 - £59,386). Restricted funds amounted to £21,866 (2021 - £11,615). Total resources were £232,855 (2021 - £190,656).
Reserves policy
It is the policy of the Charity to maintain sufficient reserves within its unrestricted funds to cover around six months expenditure. It is the Trustees aim to reach this level of reserves over the period to end December 2026.
Investment policy
The Trustees consider that the Charity’s funds should be maintained in the form of cash deposits that are readily available to meet unexpected expenditure either on repairs or to meet running costs in the event of a poor operating year. In line with this policy no stock market related investments are now held by the Charity.
Accounting Policies
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011 and “Accounting
and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019)
Principal risks and uncertainties
The Trustees have assessed the major strategic, business and operational risks to which the Charity is exposed, and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Principal sources of funding
The Charity is primarily dependent on guests visiting the house for its funding
PLANS FOR FUTURE PERIODS
The Charity continues to rebuild its position following the pandemic. Following the retirement of the current Warden at end March 2023, a new Warden is to head up the executive management of the Charity with effect from 1 July 2023.
Approved by the Trustees and signed on their behalf.
Paul West, Acting Chairman
D.R. Valentine, Hon. Treasurer
Date: 21.08.23
Independent examiner's report on the accounts Report to the trustees of Holland House CIO On accounts for the year ended 31 Dernber 2022 Charfty no: 1179244 Set out on pages Responsibilities and basis of report I report to the trustees on my examination of the accounts of the above charity ('Ihe Trust.) for the year ended 31 December 2022. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examinakn'on. I confimi that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect". the accounting records were not kept in accordan with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements Conrning the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please elete the words in the brackets if they do not 8ppIy. Signed. Date: 91. 0%. JOL Name: Relevant professional qualification{s) or body: A C P)A(Ilth Address: 3. OQo1T14iC Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidan for examiners). Glve hère brief details of any items that the examiner wishes to disclose.
HOLLAND HOUSE CIO
Statement of Financial Activities
for the year ended 31 December 2022
| Note INCOME FROM: Charitable activities Residential Visitors Day Visitors Room Hire Other activities Restaurant Bar sales Gift Shop Donations, grants and legacies 2 Deposit & Investment income Total EXPENDITURE ON: Charitable activities 3 Other activities 4 Governance costs 5 Total Net income/(expenditure) being the net movement in funds Total funds at 31 December 2020 Total funds at 31 December 2021 Total funds at 31 December 2022 11 |
General Designated Funds Funds Funds £ £ £ £ 433,719 - - 433,719 46,554 - - 46,554 4,780 - - 4,780 - 8,980 - - 8,980 13,277 - - 13,277 13,274 - - 13,274 4,499 - 17,180 21,679 2,830 - - 2,830 527,911 - 17,180 545,091 441,509 - 6,909 448,417 15,549 - - 15,549 38,924 - - 38,924 495,982 - 6,909 502,891 119,654 59,386 11,615 190,655 151,583 59,386 21,886 232,855 31,929 - 10,271 42,200 Unrestricted Restricted 2022 |
General Designated Funds Funds Funds £ £ £ £ 211,890 - - 211,890 29,064 - - 29,064 11,515 - - 11,515 - - - - - 6,645 - - 6,645 5,620 - - 5,620 188,936 - 37,167 226,103 51 - - 51 453,721 - 37,167 490,888 332,374 - 41,677 374,051 5,367 - 5,367 37,447 - 37,447 375,188 - 41,677 416,865 41,121 59,386 16,125 116,632 119,654 59,386 11,615 190,655 2021 78,533 - (4,510) 74,023 Unrestricted Restricted |
|---|---|---|
HOLLAND HOUSE CIO
| Balance Sheet as at 31 December 2022 FIXED ASSETS Fixtures, Fittings & Equipment CURRENT ASSETS Stock Cash at Bank and In Hand Debtors & Prepayments Creditors & Accruals: Amounts falling due within one year NET CURRENT ASSETS NET ASSETS FUNDS Unrestricted - General Unrestricted - Designated Restricted |
Note 6 7 7,732 8 299,585 9 2,023 10 11a 11b 11c |
£ 2022 4,829 7,982 227,312 4,263 309,340 (80,196) 229,145 233,974 151,583 59,386 21,886 232,855 |
£ 2021 5,866 239,557 (54,767) 184,790 190,656 119,654 59,386 11,615 190,655 |
|---|---|---|---|
Approved by the Trustees on XX YYY 2023 and signed on their behalf by:
..................................................
P. West, Acting Chairman
..................................................
D.R.Valentine, Hon. Treasurer
CHARITY No. 1179244
The notes on pages 13 to 16 form part of these financial statements.
Notes to the Financial Statements for the year ended 31 December 2022
1. STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES
The Trustees are responsible for preparing the Report of the Charity and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare accounts for each financial period which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period.
In preparing these accounts, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.
The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts Reports) Regulations 2008 and trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
- In so far as the Trustees are aware:
there is no relevant audit information of which the Charity’s auditors are unaware; and
The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
2. ACCOUNTING POLICIES
CHARITY INFORMATION
Holland House CIO is a Charitable Incorporated Organisation registered in England & Wales (charity number 1179244). The principal address is Holland House, Main St, Cropthorne, Pershore WR10 3NB
ACCOUNTING CONVENTION
The accounts have been prepared in accordance with the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared on the historical cost convention as modified to include the revaluation of investments at market value. The principal accounting policies adopted are set out below.
GOING CONCERN
At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees' continue to adopt the going concern basis of accounting in preparing the accounts.
HOLLAND HOUSE CIO
Notes to the Financial Statements for the year ended 31 December 2022
CHARITABLE FUNDS
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.
DONATIONS, GRANTS and LEGACIES
Donations, grants and legacies are included in the period in which they are receivable, which is when the Charity becomes entitled to the resource. Those items not received at the balance sheet date are included in debtors.
INVESTMENT INCOME
Income from investments is included in the Statement of Financial Activities (SOFA) in the period in which it is receivable.
RESOURCES EXPENDED
Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. Those items not settled at the balance sheet date are included in creditors.
Governance costs represent costs, attributable to the management of the Charity’s assets, organisational administration and compliance with constitutional and statutory requirements. They are allocated to funds by relevance of the underlying expense.
TANGIBLE FIXED ASSETS
Fixed assets are shown at historical cost.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life on a straight line basis. Computers 25%; Fixtures, Fittings and Other Equipment between 10% and 25%. Improvements and repairs to buildings are written off as outgoing resources in the Statement of Financial Activities.
CASH AND CASH EQUIVALENTS
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.
HOLLAND HOUSE CIO
Notes to the Financial Statements for the period ended 31 December 2022
1. FINANCIAL INSTRUMENTS
The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised when the Charity becomes party to the contractual provisions of the instrument.
Financial assets are offset, with the net amounts presented in the accounts when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic Financial Assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
Basic Financial Liabilities
Basic financial liabilities, including trade and other payables, are initially recognised at transaction price.
Derecognition of Financial Liabilities
Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.
12
HOLLAND HOUSE CIO
Notes to the Financial Statements for the period ended 31 December 2022
| 2. DONATIONS AND LEGACIES Donations Gift Aid on Donations Grants Legacies Total 3. CHARITABLE ACTIVITIES Property Management Council Tax Water Gas & Electricity Oil Garden Maintenance Laundry & Cleaning Repairs & Renewals Total Event Expenses Catering & Other House Expenses Tutor & Event Expenses Total Staff Costs Wages & Salaries Social Security Costs Pension Costs Training & Clothing Costs Sub total Property Rental Travel Expenses Total Total Charitable Activities Expense Number of Employees 4. OTHER ACTIVITIES Bar Cost of Sales Goods for Resale Total 5. GOVERNANCE COSTS Trustee Expenses Independent Examiner's Fee Professional Fees Interest & Charges Subscriptions Office Expenses IT Project Depreciation Insurance Total |
General Designated Restricted £ £ £ 1,832 - 17,180 - - - 2,667 - - - - - 4,499 - 17,180 General Designated Restricted £ £ £ 3,017 - - 1,142 - - 26,248 - - 19,573 - - 3,274 - 5,535 9,513 - - 34,084 - 1,374 96,850 - 6,909 70,710 - - 3,779 - - 74,489 - - 215,769 - - 11,794 - - 31,392 - - - - - 258,954 - - 10,800 - - 415 - - 270,169 - - 441,509 - 6,909 General Designated Restricted £ £ £ 7,790 - - 7,759 - - 15,549 - - General Designated Restricted £ £ £ - - - 300 - - 2,751 - - 2,241 - - 3,641 - - 7,562 - - 12,000 - - 2,001 - - 8,428 - - 38,924 - - Unrestricted Unrestricted Unrestricted Unrestricted |
2022 Total £ 19,012 - 2,667 - 21,679 2022 Total £ 3,017 1,142 26,248 19,573 8,809 9,513 35,458 103,759 70,710 3,779 74,489 215,769 11,794 31,392 - 258,954 10,800 415 270,169 448,417 2022 Total £ 7,790 7,759 15,549 2022 Total £ - 300 2,751 2,241 3,641 7,562 12,000 2,001 8,428 38,924 |
2021 General Designated Restricted Total £ £ £ £ 8,677 - 8,140 16,817 - - - - 180,259 - 29,027 209,286 - - - - 188,936 - 37,167 226,103 2021 General Designated Restricted Total £ £ £ £ 2,570 - - 2,570 (172) - - (172) 8,676 - - 8,676 6,927 - - 6,927 5,188 - 37 5,225 5,356 - - 5,356 70,857 - 12,613 83,470 99,402 - 12,650 112,052 40,995 - - 40,995 2,624 - - 2,624 43,619 - - 43,619 181,379 - 29,027 210,406 - - - - - - - - - - - - 181,379 - 29,027 210,406 7,650 - - 7,650 324 - - 324 189,353 - 29,027 218,380 332,374 - 41,677 374,051 2021 General Designated Restricted Total £ £ £ £ 3,805 - - 3,805 1,562 - - 1,562 5,367 - - 5,367 2021 General Designated Restricted Total £ £ £ £ - - - - 250 - - 250 - - - - 1,417 - - 1,417 3,733 - - 3,733 22,627 - - 22,627 - - - - 1,601 - - 1,601 7,819 - - 7,819 37,447 - - 37,447 Unrestricted Unrestricted Unrestricted Unrestricted |
|---|---|---|---|
6. TANGIBLE FIXED ASSETS
Fixed assets are shown at historical cost.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life on a straight line basis. Computers 25%; Fixtures, Fittings and Other Equipment between 10% and 25%
Improvements and repairs to buildings are written off as outgoing resources in the Statement of Financial Activities.
| General Designated Restricted Cost £ £ £ At 1 January 2022 97,689 - - Additions for the period 965 - - Revaluation - - - Disposals - - - At 31 December 2022 98,654 - - Depreciation At 1 January 2022 91,823 - - for the period 2,002 - - Disposals - - - At 31 December 2022 93,825 - - Net Book Values At 31 December 2022 4,829 - - 7. STOCK Stock has been valued at the lower of cost and net realisable value. General Designated Restricted £ £ £ Food & Catering 1,589 - - Heating Fuel 1,594 - - Bar 1,157 - - Goods for Re-sale 3,393 - - Total 7,732 - - 8. CASH AT BANK & IN HAND General Designated Restricted £ £ £ Cash in hand 194 - - Cash at bank 49,780 - - Cash at PayPal 479 - - Cash at Stripe 1,119 CBF Deposit Fund 248,013 - - Total 299,585 - - 9. General Designated Restricted £ £ £ Trade Debtors 1,655 - - Prepayments - - - Transax Receipts - - - Vouchers 368 - - Other Debtors - - - Total 2,023 - - 10 CREDITORS & ACCRUALS General Designated Restricted £ £ £ Trade Creditors 15,468 - - Deposits received in Advance 54,445 - - Other Creditors 4,531 - - Accruals 5,752 - - Total 80,196 - - Unrestricted Unrestricted Unrestricted DEBTORS & PREPAYMENTS Unrestricted Unrestricted |
2022 Total £ 97,689 965 - - 98,654 91,823 2,002 - 93,825 4,829 2022 Total £ 1,589 1,594 1,157 3,393 7,732 2022 Total £ 194 49,780 479 1,119 248,013 299,585 2022 Total £ 1,655 - - 368 - 2,023 2022 Total £ 15,468 54,445 4,531 5,752 80,196 |
2021 General Designated Restricted Total £ £ £ £ 92,920 - - 92,920 4,769 - - 4,769 - - - - - - - - 97,689 - - 97,689 89,393 - - 89,393 2,430 - - 2,430 - - - - 91,823 - - 91,823 5,866 - - 5,866 2021 General Designated Restricted Total £ £ £ £ 1,838 - - 1,838 1,594 - - 1,594 1,157 - - 1,157 3,393 - - 3,393 7,982 - - 7,982 2021 General Designated Restricted Total £ £ £ £ 137 - - 137 75,992 - - 75,992 - - - - 151,183 - - 151,183 227,312 - - 227,312 2021 General Designated Restricted Total £ £ £ £ 2,172 - - 2,172 - - - - 2,091 - - 2,091 - - - - - - - - 4,263 - - 4,263 2021 General Designated Restricted Total £ £ £ £ 3,082 - - 3,082 49,163 - - 49,163 2,272 - - 2,272 250 - - 250 54,767 - - 54,767 Unrestricted Unrestricted Unrestricted Unrestricted Unrestricted |
|---|---|---|
11a. GENERAL FUNDS
The General Unrestricted Funds are retained as necessary to cover working capital.
| Balance Incoming Resources Balance 01.01.22 Resources Expended 31.12.22 b/f c/f £ £ £ £ General Funds Total 119,654 527,911 (495,982) 151,583 11b. DESIGNATED FUNDS Balance Incoming Resources Balance 01.01.22 Resources Expended 31.12.22 b/f c/f £ £ £ £ Vine Cottage 59,386 - - 59,386 Total 59,386 - - 59,386 11c. RESTRICTED FUNDS Balance Incoming Resources Balance 01.01.22 Resources Expended 31.12.22 b/f c/f £ £ £ £ Donations 142 - - 142 JRS Grant - - - - Carpet - - - - Prayer Hut 545 - - 545 Pictures - - - - Garden Railings - - - - General Garden 4,203 964 (3,319) 1,848 Ashe Legacy 700 - - 700 Perry Legacy - 2,216 (2,216) - Labyrinth - - - - The Den 3,884 - (1,374) 2,510 IT 100 - - 100 Friends Bursary 40 - - 40 Hymn Books 2,000 - - 2,000 Bathrooms - 14,000 - 14,000 Anniversary Appeal - - - - Total 11,615 17,180 (6,909) 21,886 11d. TOTAL FUNDS Balance Incoming Resources Balance 01.01.22 Resources Expended 31.12.22 b/f c/f £ £ £ £ General Funds 41,121 527,911 (495,982) 73,050 Designated Funds 59,386 - - 59,386 Restricted Funds 11,615 17,180 (6,909) 21,886 Total 112,122 545,091 (502,890) 154,322 Under Consideration Committed but not Contracted but not Contracted £ £ As at 31 December 2022 Nil Nil 12. General Designated Restricted Total Funds Funds Funds Funds Tangible Fixed Assets 4,829 - - 4,829 Current Assets 228,068 59,386 21,886 309,340 Current Liabilities (80,196) - - (80,196) Total 152,702 59,386 21,886 233,974 NET ASSETS ANALYSIS BY FUND Future Capital Considerations 31 December 2022 |
Balance Incoming Resources Balance 01.01.21 Resources Expended 31.12.21 b/f c/f £ £ £ £ 41,121 453,721 (375,188) 119,654 Balance Incoming Resources Balance 01.01.21 Resources Expended 31.12.21 b/f c/f £ £ £ £ 59,386 - - 59,386 59,386 - - 59,386 Balance Incoming Resources Balance 01.01.21 Resources Expended 31.12.21 b/f c/f £ £ £ £ 142 142 - 29,027 (29,027) - - 5,000 (5,000) - 545 - - 545 120 - (120) - 75 - (75) - 3,240 1,000 (37) 4,203 700 - - 700 88 - (88) - 10,000 - (6,116) 3,884 - 100 - 100 - 40 - 40 - 2,000 - 2,000 1,214 - (1,214) - 16,125 37,167 (41,677) 11,615 Balance Incoming Resources Balance 01.01.21 Resources Expended 31.12.21 b/f c/f £ £ £ £ 41,121 - - 41,121 59,386 - - 59,386 16,125 37,167 (41,677) 11,615 116,632 37,167 (41,677) 112,122 General Designated Restricted Total Funds Funds Funds Funds 5,865 - - 5,865 168,557 59,386 11,615 239,558 (54,767) - - (54,767) 119,655 59,386 11,615 190,656 31 December 2021 |
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13. RELATED PARTY TRANSACTIONS
There have been no related party transactions in the financial period.