| ~Pa e | ||
|---|---|---|
| Legal and Administrative | ||
| Trustees' Report |
2-3 | |
| Trustees' Responsibilities |
||
| Auditors Report |
5-6 | |
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Notes forming part ofthe Financial Statements |
9-17 |
| STATEMEN | T OF F | INANCIAL AC | TIV | ITI | ES FOR THE | ES FOR THE | YEAR | ENDED 8APRI | ENDED 8APRI | L 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Permanent | |||||||||
| Nt | o | I | ~ea | td | Endowment | Total | Total | ||||
| Fund | 2022 | 2021 | |||||||||
| 8 | 8 | 8 | |||||||||
| INCOME | |||||||||||
| Investment income |
|||||||||||
| Rents from Investment | properties | 5 | 86,713 | 86,713 | 59,526 | ||||||
| Dividends receivable |
6 | 91,271 | 91,271 | 77,079 | |||||||
| Income Tax recoverable | 1,353 | 1,353 | 1,072 | ||||||||
| Interest received | 16 | 11 | |||||||||
| Insurance recovered from tenants |
2,672 | 2,672 | 2,529 | ||||||||
| CHARITABLE ACTIVITIES:- | |||||||||||
| StThomas House maintenance | contributions | 76,247 | 76,247 | 68,82'I | |||||||
| TOTAL INCOME | 182,025 | 76,247 | 258,272 | 209,038 | |||||||
| EXPENDITURE | |||||||||||
| Raising Funds | 4 | 24,837 | 24,837 | 21,220 | |||||||
| Charibtble Activities |
2 | 76,209 | 105,722 | 181,931 | 135,570 | ||||||
| Other Expenses | 3 | 26,197 | 20,157 | 46,354 | 40,722 | ||||||
| TOTAL EXPENDITURE | 127,243 | 105,722 | 20,157 | 253,122 | 197,512 | ||||||
| NETGAINS LOSSES ON |
INVESTMENTS | 8 | |||||||||
| Investments -realised |
43,424 | 43,424 | 74,615 | ||||||||
| -unrealised | 118,579 | 118,579 | 310,655 | ||||||||
| Property —realised |
|||||||||||
| -revaluation | 100,330 | 100,330 | |||||||||
| NET INCOME EXPENDITURE |
54,782 | (29,475) | 242,176 | 267,483 | 396,806 | ||||||
| TRANSFERS BETWEEN FUNDS | 8 | (29,475) | 29,475 | ||||||||
| OTHER RECOGNISED GAINS LOSSES | |||||||||||
| Revaluation offixed asset property |
220,000 | 220,000 | |||||||||
| NET MOVEMENT IN FUNDS |
|||||||||||
| 25,307 | 462,176 | 487,483 | 396,806 | ||||||||
| RECONCILIATION OF FUNDS |
|||||||||||
| FUND BALANCES B/FWD:- | 101,100 | 150,000 | 4,973,094 | 5,224,194 | |||||||
| FROM NMCC FROM J+ M LAWS FUND |
3,750,813 1,076,575 |
||||||||||
| FUND BALANCES —C/fwd |
8 | 126,407 | 150,000 | 5,435,270 | 5,711,677 | 5,224,194 |
| B | ALANCE SHEET | AS AT5APRIL | 2022 | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Note | ||||||
| FIXEDASSETS | ||||||
| Tangible Fixed Assets |
885,000 | 665,0DD | ||||
| Investment Properties |
1,590,000 | 1,489,670 | ||||
| investments | 3,090,159 | 2,952,014 | ||||
| 5,565,'l59 | 5,106,684 | |||||
| CURRENT ASSETS | ||||||
| Debtors | 6,300 | 6,273 | ||||
| Rent Charge —Nominal |
Value | |||||
| Cash at bank and in hand | 169,921 | 143,948 | ||||
| TOTAL CURRENT ASSETS | 176,222 | 150,222 | ||||
| LIABILITIES | ||||||
| Creditors - due within | 1 year | 29,704 | 32,712 | |||
| NET CURRENT ASSETS | 146,518 | 117,51D | ||||
| NETASSETS | 5,711,677 | 5,224,194 | ||||
| FUNDS OF THE CHARITY | ||||||
| Unrestricted Funds |
||||||
| GeneralFund | 126,407 | 101,100 | ||||
| Designated Funds |
150,000 | 150,000 | ||||
| Permanent Endowment |
Fund | 5,435,270 | 4,973,094 | |||
| 5,711,677 | 5,224,194 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| General Funds | General | Funds | ||||
| Grants to institutions | 61000 | and over:- | ||||
| Life | 1,000 | |||||
| Deafblind | 1,000 | |||||
| SSAFA | 1,000 | |||||
| StGiles Church | 1,000 | |||||
| Abington Avenue |
URC | 1,500 | ||||
| Relate | 1,500 | |||||
| Spencer Contact | 2,000 | 2,000 | ||||
| MS Therapy Centre | 3,000 | 2,000 | ||||
| Voluntary Impact |
'i,000 | |||||
| Mayors Fund for the Housebound | 2,000 | |||||
| Motor Neurone Disease | 2,000 | |||||
| Nene Valley Care | Trust | 1,000 | ||||
| Shine | 1,000 | |||||
| Care and Repair | 2,000 | |||||
| Calibre Audio Library | 2,000 | |||||
| Macmillan Cancer |
Support | 1,500 | ||||
| ZIngani Mens Group |
1,000 | 1,000 | ||||
| Domestic Abuse Service | 3,000 | |||||
| Manna House | 2,500 | 2,000 | ||||
| Growing Together | 1,500 | |||||
| C2C | 1,000 | |||||
| Other Grants to institutions | &61,000 | 500 | ||||
| Grants to individuals | 53,595 | 39,037 | ||||
| Christmas Vouchers |
1,114 | 1,617 | ||||
| 2022 D~tt d |
~dt | 2021 td |
||||
| StThomas' House |
||||||
| Water Rates and Council Tax | 2,742 | 3,434 | ||||
| Heat and Light | 7,077 | 4,972 | ||||
| Warden's salary and |
pension | 21,386 | 22,063 | |||
| ClerKs fees | 17,709 | 16,800 | ||||
| Accountancy fees |
3.770 | 3,727 | ||||
| Telephone | 1,516 | 1,158 | ||||
| Sundry Expenses | 1,107 | 1,070 | ||||
| Lift maintenance | 7,127 | 3,669 | ||||
| Call Care | 1,248 | 1,248 | ||||
| Cleaning, including wages |
3,041 | 2,486 | ||||
| Repairs and renewals | 37,091 | 14,573 | ||||
| Legal and Professional | fees | 1,908 | 216 |
| ~oi | 2022 bd |
~ol | 2021 td |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee | emoluments | |||||||||||
| Wages, salaries | and pensions | 23,206 | 23,812 | |||||||||
| hlational insurance |
contributions | |||||||||||
| 23,206 | 23,812 | |||||||||||
| The average number of | employees | |||||||||||
| No employees | received | emoluments | exceeding | f60,000, and | the Trustees | receive | no remuneration or |
|||||
| expenses. | ||||||||||||
| 3 | Other | |||||||||||
| Expenses | 2022 | 2021 | ||||||||||
| General | Funds | General | Funds | |||||||||
| Governance | ||||||||||||
| Audit fees | 3,770 | 3,727 | ||||||||||
| Clerk's Fees | 17,709 | 16,800 | ||||||||||
| Bank Charges and | Interest | 96 | 69 | |||||||||
| insure ness | 358 | 450 | ||||||||||
| Professional | Fees | 4,264 | 5,494 | |||||||||
| Permanent | Permanent | |||||||||||
| Endowment | Endowment | |||||||||||
| 8 | f | |||||||||||
| Investment | fees | —Vartan | 13,737 | 9,355 | ||||||||
| Investment | fees | - Cave | 6,420 | 4,827 | ||||||||
| 4 | Raising Funds | |||||||||||
| 2022 | 2021 | |||||||||||
| General | Funds | General | Funds | |||||||||
| Investment | Pro | e | Ex | enses | ||||||||
| Collectors Fees | 6,562 | 7,587 | ||||||||||
| In aura ness | 9,419 | 8,072 | ||||||||||
| Professional | Fees | 4,001 | 1,558 | |||||||||
| Property Costs | 4,855 | 4,003 | ||||||||||
| 24,837 | 21,220 |
| 6 | Fixed | Asset | Mvestments | Cost | Cost | Market | Market | Income | fncome |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | Value | Value | 2022 | 2021 | ||||
| 2022 | 2021 | ||||||||
| 6 | 6 | ||||||||
| Permanent | Endowment | ||||||||
| Cave | &Sons Share Porffolio | 846,324 | 834,509 | 1,095,937 | 1,049,342 | 39,098 | 42,655 | ||
| Vartan | &Sons | ||||||||
| Share | Porffolio | 1,679,966 | 1,632,042 | 1,994,222 | 1,902,672 | 52,173 | 34,424 | ||
| 2,526,290 | 2,466,551 | 3,090,159 | 2,952,014 | 91,271 | 77,079 |
| Cave 6 Sons | Cave 6 Sons | Vartan | Total | ||
|---|---|---|---|---|---|
| Portfo0o | Portfolio | ||||
| Market value 6.4.21 | 1,049,342 | 1,902,672 | 2,952,014 | ||
| Additions | and transfers | in year | 102,675 | 393,532 | 496,207 |
| Disposals | in year | (76,973) | (449,500) | (526,473) | |
| Unrealised | (losses) gains | ||||
| in year | 45,963 | 72,616 | 118,579 | ||
| Movement | in cash deposits | (25,070) | 74,902 | 49,832 | |
| Market value 5.4.22 | 1,095,937 | 1,994,222 | 3,090,159 |
| Cave and Vartan Share Porffolio Summa | ||
|---|---|---|
| 2022 | 2021 | |
| 8 | 8 | |
| Cave &Sons Limited | ||
| UK Investments | 1,077,086 | 1,005,421 |
| Cash Deposits | 18,851 | 43,92'i |
| 1,095,937 | 1,049,342 | |
| Vartan 8 Sons | ||
| UK Investments | 1,910,998 | 1,894,350 |
| Cash Deposits | 83,224 | 8,322 |
| 1,994,222 | 1,902,672 |
| Creditors due within 1 year |
||
|---|---|---|
| 2022 | 2021 | |
| 5 | 5 | |
| Creditors and Accruals | 16,231 | 25,525 |
| Rent deposits | 13,473 | 7,187 |
| 29,704 | 32,712 |
| ~FdA | |||||||
|---|---|---|---|---|---|---|---|
| PERMANENT | |||||||
| ENDOWMENT | |||||||
| GENERAL FUND | DESIGNATED FUNDS | FUND | |||||
| StThomas | ~Cclical | ~Et | |||||
| House | Maintenance | ~Re air | |||||
| Fund | Fund | ||||||
| 6 | E | 6 | 6 | ||||
| INCOli/IE (as page 7) EXPENDITURE as a e7 |
182,025 (127,243) |
76,247 (105,722) |
(20,157) | ||||
| NET INCOME EXPENDITURE |
54,782 | (29,475) | (20,157) | ||||
| TRANSFERS BETWEEN FUNDS | |||||||
| -Permanent Endowment |
|||||||
| -StThomas House | (29,475) | 29,475 | |||||
| -Commercial property repairs |
|||||||
| (29,475) | 29,475 | ||||||
| REALISED GAINS/ LOSSES | |||||||
| Investments | 43,424 | ||||||
| Property | |||||||
| UNREALISED GAINS/ LOSSES:- | |||||||
| Investments | 118,579 | ||||||
| Property | 320,330 | ||||||
| 462,176 | |||||||
| NET MOVEMENT IN FUNDS |
25,307 | 141,846 | |||||
| FUND BALANCES —B'FWD | 101,100 | 50.000 | 100,000 | 4,973,094 | |||
| From NMCC | |||||||
| From J+ MLaws Fund | |||||||
| FUND BALANCES - C/FWD | 126,407 | 50,000 | 100,000 | 5,435,270 | |||
| The funds are represented | by:- | ||||||
| Tangible fixed assets | 885,000 | ||||||
| Investment properties |
1,590,000 | ||||||
| Investments | 129,889 | 2,960,270 | |||||
| Current assets | 26,222 | 50,000 | 100,000 | ||||
| Current liabilities |
(29,704) | ||||||
| 126,407 | 50,000 | 100,000 | 5,435,270 |