# ||||Page| |---|---|---|---| |Reference and administrative||details|| |Report ofthe trustees|||2 to 7| |Independent
examiner's
report|||| |Statement offinancial|activities||| |Balance sheet|||10 to 11| |Notes to the financial|statements||12 to 20| |Detailed statement
of|financial|activities|21 to 22| |Trustees|Stephen|Askins|||| |---|---|---|---|---|---| ||Angela|Clarke (resigned||14/9/2021)|| ||Michael|Jones|||| ||Madalyn|Roker|||| ||Charles|Umelo (resigned||14/9/2021)|| ||Emily Hammersley||(appointed||17/3/2022)| ||Helen Greenwood||||| |Company|secretary|John Wilson||| |---|---|---|---|---| |Registered|office|Freeman
Carr||| |||The Gatehouse||| |||2 Devonhurst|Place, Heathfield|Terrace| |||London||| |||W4 4JD||| ## |Independent|examiner|Freeman|Carr| |---|---|---|---| |||Chartered|Certified Accountants| |||The Gatehouse|| |||2 Devonhurst
Place|| |||Heathfield|Terrace| |||Chiswick|| |||London|| |||W4 4JD|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||||2022|2021| |---|---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Endowment|Total|Total| |||||fund|fund|fund|funds|funds| ||||Notes|E|F|E||| |Income and||endowments||||||| |from||||||||| |Donations|and legacies|||16|||16|| |Investment|income||2|55,025|||55,025|53,109| |Total||||55,041|||55,041|53,109| |Expenditure||on||||||| |Raising funds|||3|16256|||16,256|25,146| |Charitable|activities||4|||||| |Examiners|fee|||||||2,347| |Charitable|activities|||33,922|||33,922|33,636| |Governance||costs||17,308|||17,308|8,804| |Total||||67,486|||67,486|69,933| |Net gains|on|investments||828,274|||828,274|128,333| |NET INCOME||||815,829|||815,829|111,509| |Reconciliation
offunds||||||||| |Total funds||brought||||||| |forward|||2,121,692||||2,121,692|2,010,183| |Total funds||carried||||||| |forward|||2,937,521||||2,937,521|2,121,692| ## ## |31 March 20|22||||||| |---|---|---|---|---|---|---|---| |||||||2022|2021| ||||Unrestricted|Restricted|Endowment|Total|Total| ||||fund|fund|fund|funds|funds| |||Notes|||||| |Fixed assets|||||||| |Tangible assets||8|30,652|||30,652|30,966| |Heritage assets||9|3500|||3,500|3,500| |Investments|||||||| |Investments||10|1,059,340|||1,059,340|883,733| |Investment
property||11|650,000|||650,000|1,100,000| ||||1,743,492|||1,743,492|2,018,199| |Current assets|||||||| |Debtors||12|12,535|3,404||15,939|19,267| |Cash in hand|||1,197,226|87,700||1,284,926|140,987| ||||1,209,761|91,104||1,300,865|160,254| |Creditors|||||||| |Amounts
falling due within|||||||| |one year||13|(15,732)|(91,104)||(106,836)|(56,745)| |Net current assets|||1,194,029|||1,194,029|103,509| |Total assets|less current||||||| |liabilities|||2,937,521|||2,937,521|2,121,708| |Creditors|||||||| |Amounts
falling due after|||||||| |more than one year||14|||||(16)| |NET ASSETS|||2,937,521|||2,937,521|2,121,692| |Funds||15|||||| |Unrestricted|funds|||||2,937,521|2,121,692| |Total funds||||||2,937,521|2,121,692| ## ## ## ## ## ## ## ## ## ## ## ## ## |Further
explanation
of the
financial statements.|nature
and purpose
of|each fund
is included
in the|notes to t| |---|---|---|---| |Investment
income|||| |||2022|2021| ||||E| |Rents received||29,741|27,453| |Income from listed investments||25,260|25,619| |Deposit account interest||24|37| |||55,025|53,109| |Raising funds|||| |Investment
management|costs||| |||2022|2021| |Brokerage 8 Management|fee||3,034| |Insurance||5,115|3,964| |Claim cost||750|| |Estate Agents 8 Other Costs||5,341|5,570| |Property
repairs||5,050|12,578| |||16,256|25,146| ## ## ## ## |Charitable
a|ctivities co||sts|||| |---|---|---|---|---|---|---| ||||||2022|2021| |Unrestricted|funds|||||| |John Betts Primary School||||||| |Direct cost|||||25,000|28,250| |Insurance
School Buildings||||||771| |School Prizes, Christmas|||Parties||3,500|950| |Depreciation|Leasehold|Ravenscourt||House|314|315| |Refurbishment|costs Jon||Betts|||2,835| |Insurance
- Ravenscourt|||House||2,600|445| |Property
Repairs|||||2,400|| |Finance|||||108|70| ||||||33,922|33,636| |Governance|costs|||||| |Legal Fees|||||8,336|4,200| |Independent|Examiner's||Fee||2,321|2,347| |Professional|costs||||1,920|| |Trustees'
Indemnity|||||891|764| |Fee ofClerk|to the Trustees||||3,840|3,840| ||||||17,308|11,151| ## |Net income/(e|xp|enditur|e)
is stated after charging/(|crediting):|| |---|---|---|---|---|---| |||||2022|2021| |Depreciation|-|owned|assets|314|315| ## ## ## ## ## |There were no
trustees'
expenses
paid for th
ended 31 March 2021.|There were no
trustees'
expenses
paid for th
ended 31 March 2021.|There were no
trustees'
expenses
paid for th
ended 31 March 2021.|e year ended 31 Mar|ch 2022 nor|for the
yea| |---|---|---|---|---|---| |Comparatives
for the statement offinancial|||activities for march|2021 year|| ||||Unrestricted|Endowment|Total| ||||fund|fund|funds| |Income and endowments||from|||| |Investment
income|||53,109||53,109| |Expenditure
on|||||| |Raising funds|||25,146||25,146| |Charitable
activities|||||| |Examiners fee|||2,347||2,347| |Charitable
activities|||33,636||33,636| |Governance
costs|||8,804||8,804| |Total|||69,933||69,933| |Net gains on investments|||128,333||128,333| |NET INCOME|||111,509||111,509| |Transfers
between|funds||334,088|(334,088)|| |Net movement
in funds|||445,597|(334,088)|111,509| |Reconciliation
offunds|||||| |Total funds brought|forward||1,676,095|334,088|2,010,183| |Total funds carried|forward||2,121,692||2,121,692| ## ## |8.|Tangible fixed assets||| |---|---|---|---| ||||Long| ||||leasehold| ||||E| ||Cost||| ||At 1 April 2021 and 31 March 2022||33,169| ||Depreciation||| ||At 1 April 2021||2,203| ||Charge for year||314| ||At 31 March 2022||2,517| ||Net book value||| ||At 31 March 2022||30,652| ||At 31 March 2021||30,966| |9.|Heritage assets||| ||||Total| ||Market value||| ||At 1 April 2021 and 31 March 2022||3,500| ||Net book value||| ||At 31 March 2022||3,500| ||At 31 March 2021||3,500| |10.|Fixed asset investments||| ||||Listed| ||||investment| ||||F| ||Market value||| ||At 1 April 2021||883,733| ||Additions||124,999| ||Revaluations||50,608| ||At 31 March 2022||1,059,340| ||Net book value||| ||At 31 March 2022||1,059,340| ||At 31 March 2021||883,733| ||There were no investment|assets outside the UK.|| ## ## ## ||Valuation as at March|Valuation as at March|2020||752,349| |---|---|---|---|---|---| ||Increase
in value during 2021||||131,384| ||Increase
in value during 2022||||175,607| ||||||1,059,340| |11.|Investment
property||||| ||Fair value||||| ||At 1 April 2021||||1,100,000| ||Disposals||||(450,000)| ||At 31 March 2022||||650,000| ||Net book value||||| ||At 31 March 2022||||650,000| ||At 31 March 2021||||1,100,000| |12.|Debtors: amounts|falling due within one year|||| |||||2022|2021| ||Other debtors||||12,900| ||Prepayments
and accrued income|||15,939|6,367| |||||15,939|19,267| |13.|Creditors: amounts||falling due within one year||| |||||2022|2021| ||||||F| ||Other creditors|||91,888|51,127| ||Accrued expenses|||14,948|5,618| |||||106,836|56,745| ## ## ## |14.|Creditors:|amounts
falling due aft|er more than one year||| |---|---|---|---|---|---| |||||2022|2021| ||Other creditors||||16| |15.|Movement|in funds|||| |||||Net|| |||||movement|At| ||||At 1/4/21|in funds|31/3/22| |||||E|E| ||Unrestricted|funds|||| ||Unrestricted|funds|2,121,692|815,829|2,937,521| ||TOTAL FUNDS||2,121,692|815,829|2,937,521| |Net moveme|nt|in funds,
includ|ed
in the|above are as|follows:||| |---|---|---|---|---|---|---|---| |||||Incoming|Resources|Gains and|Movement| |||||resources|expended|losses|in funds| |||||F|||| |Unrestricted||funds|||||| |Unrestricted|funds|||55,041|(67,486)|828,274|815,829| |TOTAL FUNDS||||55,041|(67,486)|828,274|815,829| |Comparatives||for movement|in funds||||| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 1/4/20|in funds|funds|31/3/21| |Unrestricted||funds|||||| |Unrestricted|funds|||1,676,095|111,509|334,088|2,121,692| |Endowment||funds|||||| |Endowment|funds|||334,088||(334,088)|| |TOTAL FUNDS||||2,010,183|111,509||2,121,692| ## ## ## |Comparative|net movement
in|funds,
included
in the|above are as|follows:|| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources|expended|losses|in funds| |Unrestricted|funds||||| |Unrestricted|funds|53,109|(69,933)|128,333|111,509| |TOTAL FUNDS||53,109|(69,933)|128,333|111,509| |A current ye|ar 12months
and|prior year 12 months
|combined
posi|tion
is as foll|ows:| |---|---|---|---|---|---| ||||Net|Transfers|| ||||movement|between|At| |||At 1/4/20|in funds|funds|31/3/22| ||||||E| |Unrestricted|funds||||| |Unrestricted|funds|1,676,095|927,338|334,088|2,937,521| |Endowment|funds||||| |Endowment|funds|334,088||(334,088)|| |TOTAL FUNDS||2,010,183|927,338||2,937,521| |included
in t|he above are as fo|llows:|||| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources|expended|losses|in funds| ||||E||F| |Unrestricted|funds||||| |Unrestricted|funds|108,150|(137,419)|956,607|927,338| |TOTAL FUNDS||108,150|(137,419)|956,607|927,338| ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||||F|| |Income and endowments||||||| |Donations
and|legacies|||||| |Donations|||||16|| |Investment
income||||||| |Rents received|||||29,741|27,453| |Income from listed investments|||||25,260|25,619| |Deposit account|interest||||24|37| ||||||55,025|53,109| |Total incoming|resources||||55,041|53,109| |Expenditure||||||| |Investment
management||||costs||| |Brokerage & Management||||fee||3,034| |Insurance|||||5,115|3,964| |Claim cost|||||750|| |Estate Agents
&|Other Costs||||5,341|5,570| |Property
repairs|||||5,050|12,578| ||||||16,256|25,146| |Charitable
activities||||||| |Cost of charitable|activity||||25,000|28,250| |insurance||||||771| |Repairs to house|and|school|||2,400|2,835| |Legal costs|||||8,443|4,270| |Other costs|||||3,500|950| |Insurance
leasehold
property
Depreciation
oftangible
fixed assets|||||2,600
315|445
315| ||||||42,258|37,836| |Support costs||||||| |Management||||||| |Fees clerk to the trustees|||||3,840|3,840| |Trustee's
indemnity|||||891|764| |Professional
fees|||||1,920|2,347| |Examiners fee|||||2,321|| ||||||8,972|6,951| ## |for the Year En|ded 3|1 March 2022||| |---|---|---|---|---| ||||2022|2021| ||||F|| |Total resources|expended||67,486|69,933| |Net expenditure|before gains and|||| |losses|||(12,445)|(16,824)| |Realised recognised||gains and losses||| |Realised gains/(losses)||on fixed asset||| |investments|||50,608|51,337| |Realised gains/(losses)||on investment||| |property|||777,666|73,496| |Net income|||815,829|108,009|