OpenCharities

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

2022-03-31-accounts

Trustees Mr A Cuppage
Mr TDennis (Chairman)
Mrs SKarle
Mrs A Hackett
Mrs SBaker
Mr P Lewis (Appointed 11 May 2021)
Gharity number 1185571
Independent examiner Knill James LLP
One Bell Lane
Lewes
East Sussex
BN7 1JU
Bankers Handlesbanken
21 Perrymount Road
Haywards
Heath
West Sussex
RH16 3TP
Solicitors Coole Bevis LLP
Lanes End House
15Prince Albert Street
Brighton
BN1 1HY
Investment advisors Heartwood
Wealth Management
77 Mount Ephraim
Tunbridge
Wells
Kent
TN4 8BS

Current financial year Current financial year
Unrestricted Unrestjicted Endowment Total Total
funds funds funds
general designated
2022 2022 2022 2022 2021
Notes E F.
Charitable
activities
105,536 105,536 108,484
Investments 17,668 3,600 21,268 18,523
Other income 536
Total income and endowments 123,204 3,600 126,804 127,543
Charitable
activities
108,674 4,4?4 113,148 159,105
Net gains/(losses) on investments 9 11,231 19,176 30,407 48,160
Net incoming resources before transfers 25,T61 (4,474) 22,776 44,063 16,598
Gross transfers
between
funds (30,000) 30,000
Net, {outgoing)/incoming resources (4,239) 25,526 22,776 44,063 16,598
Other recognised gains and losses
Revaluation
oftangible fixed assets
1,378,328
Net movement
in
funds (4,239) 25,526 22,?T6 44,063 1,394,926
Fund balances at 1 April 2021 260,292 82,298 1,831,583 2,174,173 779,248
Fund balances at 31 March 2022 256,053 107,824 1,854,359 2,218,236 2,174,174

Prior financial year Prior financial year
Unrestricted Unrestricted Endowment Total
funds funds funds
general designated
2021 2021 2021 2021
Notes F
Charitable
activities
108,484 108,484
Investments 15,893 2,630 18,523
Other income 536 536
Total income and endowments 124,913 2,630 127,543
Charitable
activities
115,221 43,884 159,105
Net gains/(losses) on investments 25,163 22,997 48,160
Net incoming
resources
before transfers 34,855 (43,884) 25,627 16,598
Net {outgoing)/incoming resources (43,884) 25,627 16,598
Revaluation
oftangible
fixed assets
1,378,328 1,378,328
Net movement
in
funds 34,855 (43,884) 1,403,955 1,394,926
Fund balances at 1 April 2020 225,437 126,182 427,629 779,248
Fund balances at 31 March 2021 260,292 82,298 1,831,584 2,174,174

2022 2021
Notes f f
Fixed assets
Tangible assets 10 1,595,000 1,595,000
Investments 11 555,664 521,006
2,150,664 2,116,006
Current assets
Debtors 2,220 1,637
Cash at bank and in hand 80,368 69,998
82,588 71,635
Creditors: amounts falling due within 14
one year (15,016) (13,467)
Net current assets 67,5?2 58,168
Total assets less current liabilities 2,218,236 2,174,174
Capital funds
Expendable
endowment
1,854,359 1,831,584
Income funds
Unrestricted
funds -
designated 17 107,824 82,298
General unrestricted funds 256,053 260,292
2,218,236 2,174,174

Maintenance Electricity Washer dryer Television Total Total
charges licence fees 2022 2021
2022 2022 2022 2022
f E
Incoming resources
from charitable activities 9?,485 4,224 3,759 68 105,536 108,484

Maintenance Electricity Washer dryer Television Total
charges licence fees 2021
E E E
Incoming resources from charitable
activities 100,143 4,366 3,907 68 108,484
Analysis by fund
Unrestricted funds - general 100,143 4,366 3,907 68 108,484

Unrestricted Endowment Total Unrestricted Endowment Total
funds funds funds funds
general general
2022 2022 2022 2021 2021
Rental income 16,978 16,978 14,900 14,900
Income from listed
investments 650 3,600 4,250 922 2,630 3,552
Interest receivable 40 40 71 71
17,668 3,600 21,268 15,893 2,630 18,523

Total Unrestricted
funds
general
2022 2021
f
Miscellaneous income 536

2022 2021
F
Staff costs 17,728 17,420
Wellbeing
Grant
390 405
Insurance 2,938 2,841
Rates and water 4,519 3,082
Gardening 4,443 4,740
Light and heat 5,784 6,995
Cleaning 509 435
Alarm rental 357 474
Telephone 1,034 1,367
Management fees 20,216 21,374
Subscriptions 299 308
Sundry expenses 781 306
Ordinary
repairs and
maintenance 14,355 9,846
Cyclical repairs and extraordinary maintenance 34,994 84,531
108,347 154,124
Share ofgovernance costs (see note 6) 4,801 4,981
113,148 159,105
Analysis
by
fund
Unrestricted funds - general 108,674 115,221
Unrestricted funds - designated 4,474 43,884
113,148 159,105

Governance 2022 2021
costs
f
Accounts preparation 2,645 2,645 3,032
Independent examination 1,825 1,825 1,660
Bank charges 331 331 289
4,801 4,801 4,981
Analysed between
Charitable activities 4,801 4,801 4,981

The average
monthly
number ofemployees
during th
e year was:
2022 2021
Number Number
Scheme manager
Employment
costs
2022 2021
R
Wages and salaries 16,933 16,590
Other pension costs 795 830
17,728 17,420

Unrestricted Endowment Total Unrestricted Endowment Total
funds funds funds funds
general general
2022 2022 2022
K
2021
F
2021 2Q21f
Revaluation of
investments 11,231 19,176 30,407 25,163 22,997 48,160

Tangible Axed assets
Land and buildings
Cost
At 1 April 2021 1,625,235
Revaluation (30,235)
At 31 March 2022 1,595,0Q0
At 1 April 2021 30,235
Revaluation (30,235)
At 31 March 2022
Carrying
amount
At 31 March 2022 1,595,000
At 31 March 2021 1,595,000

Listed
investments
Cost or valuation
At 1 April 2021 521,006
Additions 4,250
Valuation changes 30,408
At 31 March 2022 555,664
Carrying amount
At 31 March 2022 555,664
At 31 March 2021 521,006

12 Financial instruments 2021
F
Carrying
amount of
financial assets
Instruments measured at fair value through profit or loss 555,664 521,006
13 Debtors
2022 2021
Amounts falling due within one year: F.
Trade debtors 1,247 692
Prepayments
and accrued income
973 945
2,220 1,637
14 Creditors: amounts falling due within one year
2022 2021
f.
Trade creditors 3,063 1,590
Other creditors 1,800 1,295
Accruals and deferred income 10,153 10,582
15,016 13,467

Iyiovement in funds Iliiovement in funds
Balance at Incoming Investments Balance at Incoming Investments Balance at
1April 2020
R
resources gainsj losses 1April 2021 resources
E
gains Ilosses 31March 2022
f
K
Expendable endowments
Endowment
fund 427,629 2,630 1,401,325 1,831,583 3,600 19,176 1,854,359
427,629 2,630 1,401,325 1,831,583 3,600 1S,176 1,854,359

Balance at Resources Balance at Resources Transfers Balance at
1 April 2020 expended 1April 2021 expended 31 March 2022
Extraordinary repair fund 126,182 (43,884) 82,2S8 (4,474) 30,000 107,824

Related party transactions
There were no disclosabie
related party transactions
during
the year (2021 - none).
Remuneration
ofkey management
personnel
The remuneration
ofkey management
personnel
is
as follows.
2022 2021
Aggregate compensation
17,728 17,420