2022-12-31-accounts

			Page
Trustees' report
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements		8-17

					Unrestricted	Unrestricted
					funds	funds
					2022	2021
				Notes
Income from:
Investments					112,507	125,693
Ex enditure on:
Raising funds					48,230	57,153
Charitable activities				5	1,914,183	987,449
Trading subsidiary			loan write off		8,020
Total expenditure					1,970,433	1,044,602
Net gains/(losses)		on investments		10	(1,332,159)	1,731,136
Net movement	in	funds			(3,190,085)	812,227
Fund balances	at 1		January 2022		12,194,598	11,382,371
Fund balances	at		31 December 2022		9,004,513	12,194,598

			2022		2021
		Notes	K		F.
Fixed assets
Tangible assets		11		427,096	439,796
investments		12		7,736,591	10,909,028
				8,163,687	11,348,824
Current assets
Debtors		13	832,287		850,341
Cash at bank and in	hand		315,527		65,690
			1,147,814		916,031
Creditors: amounts	faIling due within
one year		14	(306,988)		(70,257)
Net current assets				840,826	845,774
Total assets less current liabilities				9,004,513	12,194,598
Income funds
Unrestricted funds				9,004,513	12,194,598
				9,004,513	12,194,598

3	Investments	Investments
			Unrestricted	Unrestricted
			funds	funds
			2022	2021
				E
	Dividend	income	73,946	85,353
	Rental income		12,000
	Interest	receivable	26,561	40,340
			112,507	125,693

4	Raising funds	Raising funds
				Unrestricted	Unrestricted
				funds	funds
				2022	2021
					E
	Investment	management	fees	48,230	57,153
				48,230	57,153

		2022	2021
		E
Staff costs		112,303	78,778
Depreciation		12,700	12,273
Training, recruitment	and other staff costs	1,608
Telephone, postage	and stationery	1,984	2,084
Computer and software		3,052	2,704
Rent and rates		4,282	4,014
Motor and travel		5,002	4,781
Insurance		4,288	4,588
Sundries		195	316
Premises expenses		15,642	8,141
Bank charges		8,758	2,043
Memberships and subscriptions		498	418
		170,312	120,140
Grant funding ofactivities (see note 6)		1,733,259	862,559
Share ofsupport costs (see note 7)		156
Share ofgovernance	costs (see note 7)	10,456	4,750
		1,914,183	987,449
Grants payable
		2022	2021
		E
Grants to institutions:
Other		1,691,078	807,787
Grants to individuals		42,181	54,772
		1,733,259	862,559

7	Support	costs	costs
				Support	Governance	2022	Support	costs	Governance	2021
				costs	costs				costs
				E	E	E		F
	Professional		fees	156		156
	Accountancy		fees		10,456	10,456			4,750	4,750
				156	10,456	10,612			4,750	4,750
	Analysed	between
	Charitable	activities		156	10.456	10,612			4,750	4,750

The average monthly number ofemployees during th	e year was:
	2022	2021
	Number	Number
Employment costs	2022	2021
	E	E
Wages and salaries	90,535	67,426
Social security costs	13,449	6,121
Other pension costs	8,319	5,231
	112,303	78,778

		2022	2021
		Number	Number
F60,001	- E70,000	1	1
E70,001	- E80,000	1

							2022	2021
							E	E
	Revaluation	ofinvestments					(1,332,159)	1,731,136
11	Tangible fixed assets
				Freehold land	Leasehold	Fixtures and	Computer	Total
				and buildings	improvements	fittings	equipment
				E	E	E	E
	Cost
	At 1 January	2022		452,419	4,050	2,894	5,768	465,131
	At 31 December 2022			452,419	4,050	2,894	5,768	465,131
	Depreciation	and impairment
	At 1 January	2022		18,850	338	2,043	4,104	25,335
	Depreciation	charged	in the year	9,049	1,350	825	1,476	12,700
	At 31 December 2022			27,899	1,688	2,868	5,580	38,035
	Carrying amount
	At 31 December 2022			424,520	2,362	26	188	427,096
	At 31 December 2021			433,569	3,712	851	1,664	439,796

12	Fixed asset inves	tm	ents
					Listed	Other	Total
					investments	investments
					E
	Cost or valuation
	At 1 January 2022				10,909,026		10,909,028
	Additions				1,667,854		1,667,854
	Valuation changes				(1,332,159)		(1,332,159)
	Cash movements				(10,475)		(10,475)
	Facility movement				(188,660)		(188,660)
	Disposals				(3,308,997)		(3,308,997)
	At 31 December 2022				7,736,589	2	7,736,591
	Carrying amount
	At 31 December 2022				7,736,589	2	7,736,591
	At 31 December 2021				10,909,026	2	10,909,028
						2022	2021
	Other investments	comprise:			Notes
	investments in subsidiaries				18
13	Debtors
						2022	2021
	Amounts falling due		within	one year:		F
	Amounts owed by	subsidiary		undertakings		819,346	844,766
	Other debtors					11,483
	Prepayments and accrued income					1,458	5,575
						832,287	850,341
14	Creditors: amounts		falling due within one year
						2022	2021
						E
	Other taxation and	social security				6,347	6,060
	Trade creditors					285,100	45,697
	Accruals and deferred		income			15,541	18,500
						306,988	70,257

Analysis	ofnet assets between funds
			Unrestricted	Total	Total
			2022	2022f	2021 E
Fund balances at 31 December 2022 are represented		by:
Tangible	assets		427,096	427,096	439,796
Investments			7,736,591	7,736,591	10,909,028
Current	assets/(liabilities)		840,826	840,826	845,774
			9,004,513	9,004,513	12,194,598

	2022	2021
Within one year	3,585	4,304
Between two and five years		3,585
	3,585	7,889

Details ofthe charity's su	Details ofthe charity's su	bsidiaries at 31 December 2022	bsidiaries at 31 December 2022	are as follows:
Name ofundertaking		Registered Nature of		business	Class of	% Held
		office			shares held	Direct Indirect
Welland	Retail Limited	Craitsman	HouseFundraising	cafe	Ordinary	100.00
		De Salis	Drive,		share
		Hampton	Lovett,
		Droitwich,
		England,	WR9
		OQE
Wetland	Residential	Craftsman	HouseResidential	Property	Ordinary	100.00
Holdings	Limited	De Salis	Drive,		share
		Hampton	Lovett,
		Droitwich,
		England,	WR9
		OQE

Name ofundertaking	Name ofundertaking	Profit/(Loss)	Capital and
			Reserves
Welland	Retail Limited
Weiland	Residential
Holdings	Limited	(8,377)	(56,125)