2022-12-31-accounts - The Bolton Guild Of Help

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

				AI		r Sl IAN	r Sl IAN	I m	g		CI Cl		Ifl IA m
			I	tt			m	m			SS		IA ~0
				IL		O e'	O O o AI	Ol	Al m III	8	IA W IA CI Al
			I5
			D	s C		m I	O Ol IS	o Ol CI					m ~4 CS					4lv0II
			0 IC				Al						m ~0					UlD ASI
																		Slv
0,	tll mO m Is E 0 Q Al					em Ol 44		N mo IA IO ttl			NN		OIN 44 Itl IA					E Sl III 0 0
		~0
g O ~UN gzm ta ZZO O 0 A.I I QIO al Ia M			8 II 88	Sl 0 A		IA IO tt	O O 0 Al	~tl Al ~A SS	O N				IS Ol IA O ~4					C IA0 Sl 0
	g	I 0	D Sl 4I			Ol IXI O N	Ol IO IO 'IO SS				Ol Ol		IA 44 44O Ul					ltSl Y'
			IC
																		IS
																		IA
				e0Z		N	!tl	~	IA									C C00
																		C0
																		Sl
											80 8 SllLa E8	P E	C v IA	'8C C 4lSl	K			IS'0 Sl8 AlI II h0 A4I
					0 SI 0 8 8 Eo	ISC 0O	e IO	Al Tl 0E% agu C E 0 8 E 8 s 8 E ac Vve0 a «Ca 0 v ——I		"640	E 8 8 00 0 eZ	Sl C0 C IS IA 8 III Ul0 SIR	E8 0 D0 4I X0. 0 0z	Sl C I-	'8C 0 v 4I C 4IR	C IA 0 SS 4l 4 C u.	0 ~I 4ia '00 4	SI SI0 08 IA E80

Fixed assms
Investments at market value Freehold property at valuation						4,286683 ~128	4,9~24 128000
Cmrent assets						4,414,683	5,040,824
Debtors					585
pmpaymems					1,702	809
Cash at bank and in hand					~55999	~144208
Qurent lialaTities					137,686	145,017
Accrued expenditure Other taxation and pension creditor						(9,201) ~552		(4,500)
						(9,753)		(4,500)
						~127933 ~1		~140517
Unrestricted funda
Bolton Guild ofHrdp unrestricted		funds:
Capital Account —Investments					313,963	359,104
Capital Account —Revaluation	Reserve				128,000	128,000
Revenue Account					916	20438
Scott House BuiMrng Fund					5,237	17.466
Muriel Mackenzie Fund —unrestricted			designated		~2250	~166672
Total unrestriasd funds						581,066		691,780
Total stricted funds						3961 50	4	489561
Total funds					11	4~6	~5
The Finandal Statements were	approved			on 10May 2023on behalf ofthe Board, and were signed by:-

		Total	Donudons	Total
		2022	2021	2021
		E	E	E
Bolton Veterans Fund	1,569	1,569
National Memorial Arboretum	520	520	113	113
	~0&9	2089	113	113
Un estdcted funds:
General Fund	265	265	394	394
Muriel MacKenzie Fund			10	10
	265		404
Total voluntary income	23%4			51Z
	Grants	Total	Grants	Total
	2022	2022	2021	2021
	6	E	E	E
A Helping Hand	9~
Bolton Veterans Fund	2,484		1,749	1,749
Essential Items &Food Project			10,820	10JQO
Bridging the Gap Fund			11,721	11,721
Bolton's Fund/ Essential
Household Support Fund	45,000	45,000
Fuel Tatwps	850	850
Warburtons Poverty Relief Pilot Project	400
Health RWegbeing Fund	14,790	14,790
Louisa Alice KNr Fund —Urban Outreach	1,645	1,645
Veteran's Foundation	12,000	12,000
			~24290	~24290
Unrestricted fundn
General Fund				10,000
Muriel MacKeniie Fund	38K			30D3I
	300j			~13

	Bank	Investmem
	Interest	Interest			Total
	2022	2022			2021
aestncted Sunda
Louisa Alice Kay Fund Bolton Mother &Child		76~		76,613	75,103
Welfare Association JoyceAnn &Frank Smith Fund	14 258	687 3&23		701 32~1	31~
Martha Bennett Legacy Fund Bohon &Bistrkt Nursing	41	1474		1,615	1~6
n Bolton Operatic Society Trust	97 12	3~2 2933		3,329 1,945	3,184
Bolton Poor Protection Sodety	8	873		881	852
	649	~117 16		~117665	~115090
Unrestricbul funrku
General Fund	59	9,565	5,131	14,755	15~2
Muriel MacKeniie Fund Totali~income	20 79	~4158 ~13723	~5131	4178 ~18	~4425 ~19717

			Total	Total
			2022	2022
gapenditure:
Louisa Alice Kay Fund		102	81,402
Bolton Mother 8 Child
Welfare Assodation			700	775
Joyce Ann &Frank Smith Fund		128	38,628	19,590
Bolton Veterans Fund		3,941	4,441
Bolton &Bury Veterans Fund				2,858
Essential Items &Food Project	10,110		10,110	10,873
Bridging the Gap Fund		2,195	2,195	1,992
Bolton's Fund/ Essential	11384	500	11,884
Househokl Support Fund
Fuel Top-ups
Health &Wegbeing Fund		'L367	1,367
National Memorial Arboretum		650	650
Martha Bennett Legacy Fund	2,820
Bolton &District Nursing
Amochman	5,229		5,229	3,033
Bolton Operahc Sodety Trust Bolton Poor Protection Society	2,562 ~7		2,562 166&	1,435 ~6

				Total	Total
		General	acgenzie	Funds	Funds
		Fund	Fund	2022	2021
		E		E	E
Grants Salaries and Nl		52,095		9rNS 52,095	8,243 3lV$1
Staffpension	msts	894			792
ITcosts		4,141		4,141
Stadonery and advertiing		1,710		1,710	563
Telephone		2,l24		2,124	898
Heat, light and deaning		3,948		3,948	2,962
Insurance		1,774		1,774	1307
Repairs		t 012		1,012	2,814
Sundry expenses				1,904	2,920
Acmuntancy	fees	6,682		6,682	5/12
legal and pofessional fees Lease costs Total expenditum		492 940 ~7771		492 ~1	L910 437
Transfers	recha
Administrabon Transfers and	expenses recharges	192)26 ~10 9	(9,750) ~19	10,076 ~92	27,400 52

Fund, coming tothe sum of612,066.These sums have been transfened tothe	Fund, coming tothe sum of612,066.These sums have been transfened tothe	Fund, coming tothe sum of612,066.These sums have been transfened tothe	General Fund during the yea	General Fund during the yea	r.
Neither the Chairman nor any members ofthe Board received any remuneration			fortheir sendces during the		year. Theaverage
number ofemployees during the year exduding the members ofthe		Board and	voluntary staff	was:
Charitable activities					2
Management and administration ofthe Charky					1
No employees received emoluments ofmore than 660,000.
Ag staff members are considered to be key management	personnel.
L Investments
				2022	2021
				E	E
The irwestments are listed on the IJKStock Fxchange.
Investments at market value 1January 2022				4,912W4	4,290,141
Additions during the year
Disposals during the year				(11,416)	(6,309)
(loss)/gain on investments from change in value				~4725
Investments at market value 31December 2022
Historical costofinvestments held at31December 2022
Gains oni~				Total 2022
Realised (loss)/gains on dhposals		3,117		3,117	3,691
tlnrealised (krrs)/gains on revaluations			~550452	~619258	~628992

Property at Revaluations	market value 1January 2022 during the year	128,000	128,000
Property at	market value 31December 2022

The fmehold property,	'Scott House' given	by Sir5 HSco»,	Bart.JP,and Mr FCScott has	Bart.JP,and Mr FCScott has	been induded	on the balance sheet
atits open market value. This independent		valuation was prepared by p		RGbbs JkCoChariered Su~ra on 23October 2017
following an inspection valuation.	ofthe premises on the same rhry.		The Board are not aware of		any material changed since the last
			Toad	Uruestricted	Restncted	Total
			Funds	Funds	Funds	Funds
			2022	2021	2021	2021
			6	g	6	6
Hxed asset investments	444,831	32J41JL52	4~,683	520420	439~	4rt12,824
Freehold property	128,000		128JJOO	128,000		128,000
Current assets Cunent liabilities	17,988 ~753	119,698	137,686 ~9753	47,760 ~4	97~7	145,017 ~4500

Cununt year
		Balance at			investment	ansi'srs/	Balance at
		01/Oi/22	Income		Lasses	acharges	31/12/22
		E	E			E	E
Umustricted Funds:
Bolton Guild ofHelp		525,108	15,040	(77,716)	(45,141)	30,825	448,116
Mur'ml MacKenzie Fund Taml u estrictsd funds		166672 SQL780	~1 ~	~405 (577)	~20 ~6	~10947 ~19 7	~3950
))es)fggtgf Fgm(N
louisa Alice Kay Fund		2384,127		(81,402)	(357,248)	(4JJ3$)	2429,697
Bolton Mother and
Child Welfare Assoc.		26936		(700)	(2,892)	(40)
Joyce Ann and Frank Smith Fund			32,581	(38,628)	(156,603)	(3~)	1,092,295
Bolton Veterans Fund			4,053	(4,441)		4,956	5,150
Bolton and Bury
Veteran's Fund						(12I61)
Essential Items and
Faod Project		250		(10,110)		10,000
Bridging the Gap		9,690		(2,195)		(7,495)
Bolton's Fund - Essendal
Household Support	Fund		45,000	(11,884)		($,116)
A Helping Hand			9,500			(8,000)
Fuel Tap-ups Health ik Wegbeing Fund			850 14,790	(450) (~)		(50) (2,625)	350 10,79$
National Memorial
Arboretum		113		(6SO)			(17)
Warburtons Poverty
Relief Pilat Project						(25$)	142
Martha gannett
Legacy Fund		62313	1,615	(2,820)	(6,640)	(JDO)
Bolton &District
Nursing Assodation		132,791		(5,229)	(15,417)	(200)	115,274
Bolton Operatic Sodety Trust		69,910		(2562)	(7~2)		6~
Veteran's Foundation							12,000
Bolton Poor Protection
Sodety		33455			670
Total restnctsd funds		~4489561					396 550
Total funds

	Brdancn at			imsestrnent	Transfers/	Balance at
	01/01/21 f	Income f	ExPense E	Gains f	recharges f	31/12/21 f
Unrestricted Funda
Bolton Guild ofHelp Muriel MacKenzie Fund	473,659 ~153 79		(57A39) ~300	46,218 21k%	fQ95}	525,108 ~67
Total unrestricted funds	626838		~67	~68 7	~7452
estdcted Funds:
Louisa Alice Kay Fund	2,52~3	75,103	(4$,056)		(22,737)
Bolton Mother and
Child Welfare Assoc.	23,494	672	(775}		(40)	26,436
Joyce Ann and Frank
Smith Fund	1,090,072		(19,590)	159,193	(3,500)
Bolton Veterans Fund
Bolton and Bury
Veterans Fund	3,199	1,749	(2,858)		(229)	12I61
Essential Items and
Food Project		10/OO	(10,873)			250
Bridging the Gap		11,721	(1,992)		(39)	9,690
National Memorial
Arboretum
Martha Bennett
Legacy Fund	55,192	1536	(900)		(600)	62,313
Bolton and District
Nursing Assodation	117,115	3,184	(3,033)		(200)	132,791
Bolton Operatic
Sodety Trust			(1,4351	8„510	(100)	69,910
Bolton Poor Protection Sodety		852		~315	~10	~334
Total estricted /hodr		139493		SE4507	~27452	4~489 1
Total funds

Income
Donations
Grants			102xxl
interest on investments Bank Interest		9,565 59	9,408 2
Servkes room hire		20
Co tributions for admi Contribugons t»salaries	strative expenses —note 2 and overheads —note 1	19,826 20,741
Coronavirus job retention scheme			~332
		~50476	~57136
Expenditum
Salaries and national insurance		52,095	38~1
Pension contributions			792
Pnnting, stationery and adverdsing		1,710	563
Telephone		2,124
Heat, light, water and deaning		L816
Insurance		1,774	1307
Audit and acrxruntancy fees		6,682	5,412
Legal and professional fees		492
ITcosts		4,141
Repairs and Renewais		84
Sundry expenses		1P04	2920
Lease cost		940	437
		~74656	~55025
Net income/(uxpenditum)	on operations	(24,180)
Transfer fium/(to) other	funds	~48	52
Net (degcit)/surplus for	the year	(19,622)
Retained surplus brought	forward	~20 38	18 75
Retained (degdt)/surplus	canted forward

	FORTHETEAR ENDED	31DECEMBER2022
		2022	2021
		f	f
Building and Equipment	Fund
Rent and services recharges for use ofrooms
Less:Heat, light Rwater	recharged	(2,132)
Less:Property repairs &	maintenance	(020)
Net surplus forthe year	before transfers	2,071
Transfer from/(to) other	funds	14300
Net surplus forthe year		(12,229)
Retained surplus brought	forward	~17466
Retained surplus carried	forward
Capital Account
(loss)/gain on revaluation	ofinvestments	(45,141)	46,218
Retained surplus brought	forward	4~87104	~440886

Capital Account
Investments at Marfret Value:
Charities Ollidal I vesbnent Charities Ollidal Investment		Fund Fund	investment units global equity units			181,939 111&$4
Charities OIllaal Investment		Fund	property units			~20
						313rl63
Freehold Properly at Valuations
Scott House
Revenue Account
Debtors Prepayments Cash on short-term deposit						4,090 1,701 153		28,680 809 131
Cash in hand						114			617
Transfer from Buikfing and Equipment			Fund			12000
						18,058
Less: Bank Bakrnce				5350			5,199
Accrued expenses Other taxation and pension creditor				11240 552			4,500
						17142		9	699
						916		~20	8
Buikling and Equqmumt Fund
Bank balance				19537			17,466
Lesstransfer to Revenue Account				~14	0
						~5237		~17
						~16		~1
Reserves:
Capital Account —Investments						313,963
Capital Account-Revaluation Scott House Bui7iing Fund Revenue Account	reserve					5,237 ~9		128,000 17~ ~20 38

htcome
Investment Income		76,394			75,098
Bank Interest			219		5
Grants		~1
		78,258			75,103
Expenditure
Necessitous persons	81,300			4&,271
Administrative expenses Sundry expenses	4,038			23,400 ~215
					~7
ltet (mrpendkure)fincome on operedons					3,647
Transfers
(loss)/gain on revaluation ofinvesunents		357	248		~366994
lect (degcit)/ surplus forthe year		(364,430)			371304
Retained surplus brought forward		22I94	127		2~22823
Retained surplus canled fmward
	BAlANCE SHEETASAT31DECEMBER	2022
investments at market value (see below)		2402,610			2,859/LS8
Cash at Charities Deposit Fund	24370			50,756
Cash at bank	~2717			~7
		27~7			56,469
Less: Accrued Expenses					(22,200)
Reserves:
Balance bnwght forward		22I94,127			~22,823
Stet (deildt)/surplus forthe year		~364	430		~371304
Total reserves
Investments at market value per COIFReport
Investment Fund		4527,124			1,728,067
Global Equity Fund		81?„206			946,442
Property Fund		~163	2		~349

Income
Investment income Grants Bank Interest			4,158 3,000 20		4,425 3,010
			7,178
xperufnure
Necessbxxrs persons		9,405		8443
Administrative expenses Sundry expenses		9,750		6,600 ~057
			19155		~15900
Net «xpenditure on	perutiom		(11877)		(8~)
Transfers-contribution	tu BOST		(1,197)
(loss)/ gain on disposal ofinvestments		(1,416)		3,691
(Loss)/gain on revaluation ofIrwestments		~19132		18267
Net (deficit)/ swplus	forthe year		~33722		~13493
Retained surplus brought Rxward			~166672		~153179
Retained surplus carried forward			~13		16EJ))2
Investments atmarket	value		1301$9
Cash atCharides Deposit Fund		1,178		5,400
Cash at bank		903
			2,081		7456 ~200
Reserves:
Capital at1January			166,672		153,179
Accumulated revenue	(deficit)/ surplus on
Income and Expenditure Account			3722		~13493
					~7
Illvestlllellis at nlafket	value pef COIF Report
Investment Fund			64,131		72470
Global Equity Fund Property Fund			55~0 1111		76,147 ~12699

			0
						3RQ
				I	~			a
	gi c $5$$ O						8Q
			'R2 S
			i55
II yII Da3			«5 '~ 3'8
O
O
K
i R8	5	3 i	g