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|||~Pa e|
|---|---|---|
|Legal and Administrative|||
|Trustees'<br>Report||2-3|
|Trustees'<br>Responsibilities|||
|Auditors<br>Report||5-6|
|Statement<br>of Financial|Activities||
|Balance Sheet|||
|Notes forming<br>part ofthe Financial Statements||9-17|





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||||||Unrestricted|Unrestricted|Funds|Permanent|Permanent|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||Ni|G|\|~ei|id|Endowment||Total|Total|
|||||||||Fund||2023|2022|
|||||||||E||||
|INCOME||||||||||||
|Investment<br>Income||||||||||||
|Rents from Investment|properties||5||90,354|||||90,354|86,713|
|Dividends<br>receivable|||6|104,479||||||104,479|91,271|
|Income Tax recoverable|||||1,212|||||1,212|1,353|
|Interest received|||||765|||||765|16|
|Insurance<br>recovered<br>from tenants|||||3,020|||||3,020|2,672|
|CHARITABLE ACTIVITIES:-||||||||||||
|StThomas House maintenance||contributions||||83,257||||83,257|76,247|
|TOTAL INCOME||||199,830||83,257||||283,087|258,272|
|EXPENDITURE||||||||||||
|Raising Funds|||4||18,021|||||18,021|24,837|
|Charitable<br>Activities|||2|77,517||138,582||||216,099|181,931|
|Other Expenses|||3|27,015||||17,818||44,833|46,354|
|TOTAL EXPENDITURE||||122,553||138,582||17,818||278,953|253,122|
|NET GAINS<br>LOSSES ON|INVESTMENTS||8|||||||||
|Investments<br>-realised||||||||(18,305)||(18,305)|43,424|
|- unrealised||||||||(256,335)|(256,335)||118,579|
|Property<br>—realised||||||||||||
|-revaluation|||||||||||100,330|
|NET INCOME<br>EXPENDITURE||||77,277||(55,325)||(292,458)|(270,506)||267,483|
|TRANSFERS BETWEEN FUNDS|||8|(55,325)||55,325||||||
|OTHER RECOGNISED GAINS LOSSES||||||||||||
|Revaluation<br>offixed asset property|||||||||||220,000|
|NET MOVEMENT<br>IN FUNDS||||||||||||
|||||21,952||||(292,458)|(270,506)||487,483|
|RECONCILIATION<br>OF FUNDS||||||||||||
|FUND BALANCES B/FWD:-||||126,407||150,000||5,435,270|5,711,677||5,224,194|
|FUND BALANCES<br>- C/fwd|||8|148,359||150,000||5,142,812|5,441,171||5,711,677|





## 

||||2023||2022||
|---|---|---|---|---|---|---|
|||Note||||f|
|FIXEDASSETS|||||||
|Tangible Fixed Assets|||885,000|||885,000|
|Investment<br>Properties|||1,590,000||1,590,000||
|Investments|||2,797,701||3,090,159||
||||5,272,701||5,565,159||
|CURRENT ASSETS|||||||
|Debtors||25,338||6,300|||
|Rent Charge - Nominal<br>Value|||||||
|Cash at bank and in hand||172,015||169,921|||
|TOTAL CURRENT ASSETS||197,354||176,222|||
|LIABILITIES|||||||
|Creditors - due within|1 year|28,884||29,704|||
|NET CURRENT ASSETS|||168,470|||146,518|
|NET ASSETS|||5,441,171||5,711,677||
|FUNDS OF THE CHARITY|||||||
|Unrestricted<br>Funds|||||||
|General<br>Fund|||148,359|||126,407|
|Designated<br>Funds|||150,000|||150,000|
|Permanent<br>Endowment|Fund||5,142,812||5,435,270||
||||5,441,171||5,711,677||
|Approved<br>by the Board|ofTrustees and|signed on their behalf by:-|||||
|BMay - Chairman|||||||
|19July 2023|||||||
|The accompanying<br>accounting policies and notes form an integral part ofthese financial|||statements.||||





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|||||2023||2022|
|---|---|---|---|---|---|---|
||||General|Funds|General|Funds|
|Grants to institutions||81000and over:-|||||
|Life||||||1.000|
|Deafblind||||||1,000|
|SSAFA||||||1,000|
|Samaritans||||3,000|||
|Guide Dogs||||2,000|||
|Mount Pleasant|Baptist Church|||1,500|||
|Spencer Contact||||5,000||2,000|
|MS Therapy Centre||||||3,000|
|Voluntary<br>Impact||||||1,000|
|Mayors Fund for|the|Housebound||2,000|||
|Child Contact Centre||||2,500|||
|Nene Valley Care Trust||||2,000||1,000|
|Shine||||||1,000|
|Care and Repair||||||2,000|
|Calibre Audio Library||||1,000||2,000|
|Macmillan<br>Cancer Support||||||1,500|
|Zingani<br>Mens Group||||1,000||1,000|
|MS Society||||1,000|||
|Manna House||||2,500||2,500|
|C2C<br>Other Grants to institutions (E1,000||||||1,000<br>500|
|Grants to individuals||||52,714||53,595|
|Christmas<br>Vouchers||||1,303||1,114|
|||||77517|||
||||~D'|2023<br>td|~Di|2022<br>td|
|StThomas' House|||||||
|Water Rates and Council Tax||||3,586||2,742|
|Heat and Light||||7,718||7,077|
|Warden's<br>salary and pension||||23,797||21,386|
|Clerk's fees||||18,000||17,709|
|Accountancy fees||||3,825||3,770|
|Telephone||||1,794||1,516|
|Sundry Expenses||||4,684||1,107|
|LIR maintenance||||2,409||7,127|
|Call Care||||1,248||1,248|
|Cleaning,<br>including|wages|||3,053||3,041|
|Repairs and renewals||||65,139||37,091|
|Legal and Professional||fees||3,329||1,908|
||||||1|5722|





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## 

|||||||||||2023||||2022|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||~Dd|td|||~di|ttd|
||Employee|emoluments|||||||||||||
||Wages, salaries and pensions|||||||||23,797||||23,206|
||National<br>insurance||||contributions||||||||||
|||||||||||23,797||||23,206|
||The average||number of|||employees|||||||||
||No employees|||received||emoluments|exceeding|860,000, and|the Trustees||receive|no|remuneration<br>or||
||expenses.||||||||||||||
|3|Other Expenses||||||||2023||||||
||2022||||||||||||||
|||||||||GeneralFunds|||||General|Funds|
||Governance||||||||||||||
||Audit fees|||||||||3,825||||3,770|
||Clerk's Fees|||||||||18,000||||17,709|
||Bank Charges and||||Interest|||||92||||96|
||Insurances|||||||||358||||358|
||Professional||Fees|||||||4,740||||4,264|
|||||||||||2775||||26197|
||||||||||Permanent||||Permanent||
||||||||||Endowment||||Endowment||
|||||||||||6||||E|
||Investment|fees||- Vartan||||||12,268||||13,737|
||Investment|fees||- Cave||||||5,550||||6,420|
|||||||||||~88|||||
|4|Raising Funds||||||||||||||
||||||||||2023||||2022||
|||||||||General||Funds|||General|Funds|
||Investment|Pro||e|Ex|enses|||||||||
||Collectors Fees|||||||||6,625||||6,562|
||Insurances|||||||||9,507||||9,419|
||Professional||Fees|||||||||||4,001|
||Property Costs|||||||||1,889||||4,855|
|||||||||||18,021|||24,837||





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## 

|6|Fixed|Asset Investments|Asset Investments|Cost|Cost|Market|Market|Income|Income|
|---|---|---|---|---|---|---|---|---|---|
|||||2023|2022|Value|Value|2023|2022|
|||||||2023f|2022f|||
||Permanent<br>Endowment|||||||||
||Cave|&Sons Share Portfolio||830,036|846,324|1,007,042|1,095,937|46,197|39,098|
||Vartan|&Sons||||||||
||Share|Portfolio||1,680,928|1,679,966|1,790,659|1,994,222|58,282|52,173|
|||||2,510,954|2,526,290|2,797,701|3,090,159|104,479|91,271|
||Movement<br>in Market||Value|||||||
||||Cave &Sons|||Vartan||Total||
|||||Porffolio||Portfolio||||
||Market|value 6.4.22||1,095,937||1,994,222||3,090,159||
||Additions<br>and transfers||in year|57,883||406,280||464,163||
||Disposals<br>in year|||(54,776)||(351,486)||(406,262)||
||Unrealised<br>(losses) gains|||||||||
||in year|||(77,677)||(178,658)||(256,335)||
||Movement<br>in cash deposits|||(14,325)||(79,699)||(94,024)||
||Market|value 5.4.23||1,007,042||1,790,659||2,797,701||





## 

## 

|Cave|and Vartan Share Portfolio Summa|||
|---|---|---|---|
|||2023|2022|
||||E|
|Cave|&Sons Limited|||
|UK Investments||1,002,516|1,077,086|
|Cash|Deposits|4,526|18,851|
|||1,007,042|1,095,937|
|Vartan|&Sons|||
|UK Investments||1,787,134|1,910,998|
|Cash|Deposits|3,525|83,224|
|||1,790,659|1,994,222|





## 

## 

|Creditors<br>due within<br>1 year|||
|---|---|---|
||2023|2022|
||E|E|
|Creditors and Accruals|15,411|16,231|
|Rent deposits|13,473|13,473|
||28,884|29,704|





## 

## 

|~Fdd||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||PERMANENT||
|||||||||ENDOWMENT||
||||GENERAL FUND|||DESIGNATED FUNDS|||FUND|
||||||StThomas|~Cclical|~Ed|d||
||||||House|Maintenance||~Re air||
|||||||Fund||Fund||
|||||||E||K|E|
|INCOME (as page|7)|||199,830|83,257|||||
|EXPENDITURE as||a e7||(122,553)|(138,582)||||(17,818)|
|NET INCOME<br>EXPENDITURE||||77,277|(55,325)||||(17,818)|
|TRANSFERS BETWEEN FUNDS||||||||||
|- Permanent<br>Endowment||||||||||
|-StThomas House||||(55,325)|55325|||||
|-Commercial<br>property||repairs||||||||
|||||(55,325)|55,325|||||
|REALISED GAINS/|LOSSES|||||||||
|Investments|||||||||(18,305)|
|Property||||||||||
|UNREALISED GAINS/ LOSSES:-||||||||||
|Investments|||||||||(256,335)|
|Property||||||||||
||||||||||(274,640)|
|NET MOVEMENT|IN|FUNDS||21,952|||||(292,458)|
|FUND BALANCES|—B'FWD|||126,407||50,000||100,000|5,435,270|
|FUND BALANCES|—C/FWD|||148,359||50,000||100,000|5,142,812|
|The funds are represented|||by:-|||||||
|Tangible fixed assets|||||||||885,000|
|Investment<br>properties<br>Investments||||129,889|||||1,590,000<br>2,667,812|
|Current assets||||47,354||50,000||100,000||
|Current<br>liabilities||||(28,884)||||||
|||||148,359||50,000||100,000|5,142,812|





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