2022-04-05-accounts

Report ofthe Trustees	1	to	4
Report ofthe Independent Auditors	5	to	7
Statement of Financial Activities
Statement of Financial Position
Notes to the Financial Statements	10	Io	18
Detailed Statement of Financial Activities	19	Io	20

			2022	2021
			Unrestricted	Total
			fund	funds
		Notes		6
INCOME AND ENDOWMENTS	FROM
Donations and legacies			300	74,615
Investment income			420,115	414,303
Other income			11097	1 829
Total			431,512	490,747
EXPENDITURE ON
Raising funds			252,103	202,874
Charitable activities
Grant making activities			46,061	67,347
Total			298,164	270,221
Net gains on investments			2 202 842	1,894,283
NET INCOME			2,336,190	2,114,789
RECONCILIATION OF FUNDS
Total funds brought forward			28,798,818	26,684,029
TOTAL FUNDS CARRIED FORWARD			31,135,008	28,798,818

		2022	2021
		Unrestricted	Total
		fund	funds
	Notes	5
FIXEDASSETS
Investments
Investments	11	3,068,334	2,993,662
Investment property	12	279084311	25583540
		30,976,764	28,577,202
CURRENT ASSETS
Debtors	13	75,833	128,479
Cash at bank		698,296	578,760
		774,129	707,239
CREDITORS
Amounts falling due within one year		(615,885)	(485,623)
NET CURRENT ASSETS		158,244	221 616
TOTAL ASSETSLESSCURRENT
LIABILITIES		31,135,008	28,798,818
NET ASSETS		31 135,008	28,798,818
FUNDS	15
Unrestricted funds		31,135,008	28,798,818
TOTAL FUNDS		31 135008	28 798,818

RAISING FUNDS
Investment management	costs
			2022	2021
			8	F
Portfolio management Management charges Direct rental expenses			19,849 58,857 154,491	21,944 36,569 144,361
Solar PV payments			18,906
			252,103	202 874
GRANTS PAYABLE
			2022	2021
Grant making activities			18,500	31,000
The total grants paid to institutions		during the year was as follows:	2022	2021
Manna House Trust			5,000
Little Houghton CE Primary Daventry Contact Sense	School		2,500 2,000 2,000	4,000
St Johns Ambulance			2,000
British Polio			1,000
KidsOut			1,000
Souster Youth Trust			1,000
Warts and All Theatre			1,000
Brainwave			500	500
PCC ofthe Church ofSt Mary All Saints PCC Northampton			500	5,000
Cogenhoe Primary School Friends ofSt Michaels				5,000 5,000
Macmillan Cancer Northampton				5,000
Cransley Hospice Spencer Contact Little Houghton Scouts &Guides Holy Trinity & Saint Paul PCC SSAFA				1,000 2,000 1,500 500 500
			18,500	30,000
The total grants paid to individuals		during the year was as follows:	2022	2021
Other grants				~1000

					Governance
				Finance	costs	Totals
					f	5
Grant making		activities		135	27,426	27,561
Support costs,		included	in the above, are as follows:
					2022	2021
					Grant
					making	Total
					activities	activities
					6	F
Bank charges					135	61
Trustees'	remuneration		etc		480	480
Auditors'	remuneration				7,400	8,600
Auditors'	remuneration		for non audit
work					1,700	2,125
Legal and professional			fees		17,846	25,081
					27,561	36,347

						2022	2021
						F
Trustees'	expenses					480	480
Expenses	were reimbursed		to 1 trustee dunng		the year (2021:1).
STAFF COSTS
The total number ofemployees				during the year	was nil (2021:nil).
COMPARATIVES		FOR THE STATEMENT OF FINANCIAL ACTIVITIES
							Unrestricted
							fund
							6
INCOME	AND ENDOWMENTS			FROM
Donations	and legacies						74,615
Investment	income						414,303
Other income							1,829
Total							490,747
EXPENDITURE ON
Raising funds							202,874
Charitable	activities
Grant making activities							67,347
				Page	14		continued. ..

COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
			Unrestricted
			fund
			E
Total			270,221
Net gains on investments			I 894 263
NET INCOME			2,114,789
RECONCILIATION	OF FUNDS
Total funds brought forward			26,684,029
TOTAL FUNDS CARRIED FORWARD			28,798,818
FIXEDASSET INVESTMENTS
	Listed	Unlisted
	investments	investments	Totals
	6		6
MARKET VALUE
At 6 April 2021 Additions	2,929,662 798,706	64,000	2,993,662 798,706
Disposals Revaluations	(795,831) 71,797		(795,831) 71 797
At 5 April 2022	3004,334	640IIQ	3,068,334
NET BOOK VALUE
At 5 April 2022	3 004,334	64,000	3068,334
At 5 April 2021	2,929,062	64,000	2,993062

INVESTMENT PROPERTY	INVESTMENT PROPERTY
FAIR VALUE
At 6 April	2021		25,583,540
Additions			193,845
Revaluation			2 131045
At 5 April	2022		27,908,430
NET BOOK VALUE
At 5 April	2022		27,908,430
At 5 April	2021		25,583,540
Fair value	at 5April 2022 is represented	by:
Valuation	in 2020		(678,663)
Valuation	in 2021		1,353,153
Valuation	in 2022		2,131,045
Cost			25 102 895
			21908430

DEBTORS:A	MOU	NTS F	AL	LING DUE WITHIN ONE YEAR
					2022 f	2021 f
Trade debtors					38,326	7,311
Other debtors					8,882	2,100
Held by Hewitsons						68,428
Prepayments	and	accrued	income		28,625	50,640
					75,833	128,479
CREDITORS:	AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2022 f	2021
Trade creditors					36,616	20,833
VAT					17,160	5,756
Grants awarded					408,500	400,000
Accruals					42,985	43,950
Rent received	in advance				31,210	15,084
Rental contributions		received		in advance	79,414
					615,885	485,623

MOVEM	ENT	IN FUNDS
				Net
				movement	At
			At 6/4/21	in funds	5/4/22
			8	8
Unrestricted		funds
General	fund		28,798,818	2,336,190	31,135,008
TOTAL	FUNDS		28798818	2336190	31,135008

Net mov	ement	in funds, included	in the above are as foll	ows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E		6	F
Unrestricted		funds
General	fund		431,512	(298,164)	2,202,842	2,336,190
TOTAL	FUNDS		431,512	~298164	2,202842	233619D

Compar	atives	for movement in funds
				Net
				movement	At
			At 6/4/20	in funds	5/4/21
				5	F
Unrestricted		funds
General	fund		26,684,029	2,114,789	28,798,818
TOTAL	FUNDS		26,684,D29	2,114789	28 798818

Compara	tive	net movement in fu	nds, included in the abo	ve are as follows	:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			8	6	8
Unrestricted		funds
General	fund		490,747	(270,221)	1,894,263	2,114,789
TOTAL	FUNDS		490 747	~270 2211	1 894 263	2114789