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|||~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|
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|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||
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|||||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|
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|||||||||~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||
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|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|
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|||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|
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|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|
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|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|
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