| Page | |||||
|---|---|---|---|---|---|
| Report ofthe | Trustees | 1 | to | 2 | |
| Independent | Examiner's | Report | |||
| Statement of | Financial | Activities | |||
| Balance Sheet | |||||
| Notes to the | Financial Statements | 6 | to | 11 |
| FOR T | HE YEAR ENDED 8AP | RIL 2022 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Total | ||||
| Notes | fund f. |
fundsf | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
36,679 | 1,520,000 | |||
| Investment income |
24,586 | 10,455 | |||
| Total | 61,265 | 1,530,455 | |||
| EXPENDITURE ON | |||||
| Raising funds | 19,379 | 16,180 | |||
| Charitable activities |
|||||
| Charitable activities |
39,820 | 22,140 | |||
| Total | 59,199 | 38,320 | |||
| Net gains/(losses) | on investments | ~354163 | 265,134 | ||
| NET INCOME/(EXPENDITURE) | (33,352) | 1,757,269 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 1,757,266 | (3) | ||
| TOTAL FUNDS CARRIED FORWARD | 1,723,914 | 1,757,266 |
| BALANCE SHEET 8APRIL 2022 |
|||
|---|---|---|---|
| 2022 | 2021 | ||
| Total | Total | ||
| funds | funds | ||
| Notes | 8 | 8 | |
| FIXEDASSETS | |||
| Investments | 10 | 1,719,874 | 1,759,409 |
| CURRENT ASSETS | |||
| Cash at bank | 7,760 | 8,500 | |
| CREDITORS | |||
| Amounts falling due within one year |
(3,720) | (10,643) | |
| NET CURRENT ASSETS | 4,D40 | ~2,143i | |
| TOTAL ASSETS LESSCURRENT | |||
| LIABILITIES | 1,723,914 | 1,757,266 | |
| NET ASSETS | 1,723,914 | 1,757,266 | |
| FUNDS | 12 | ||
| Unrestricted funds |
1,723,914 | 1,757,266 | |
| TOTAL FUNDS | 1,723,914 | 1,757,266 |
| DONATIO | NS AND L |
EGAC | IES | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| Legacies | 36,679 | 1,520,000 | |||||||
| INVESTMENT INCOME | |||||||||
| 2022 | 2021 | ||||||||
| 6 | F | ||||||||
| Interest and dividends | 24,586 | 10,455 | |||||||
| All investment income |
is derived | from assets held | in the United | Kingdom. | |||||
| RAISING FUNDS | |||||||||
| Investment | management | costs | |||||||
| 2022 f |
2021 | ||||||||
| Portfolio management | 19,379 | 16,180 | |||||||
| CHARITABLE ACTIVITIES COSTS | |||||||||
| Grant | |||||||||
| funding | of | ||||||||
| activities | Support | ||||||||
| (see note | costs (see | ||||||||
| 6) | note 7) | Totals | |||||||
| 6 | E | F | |||||||
| Charitable | activities | 36,000 | 3,820 | 39,820 | |||||
| GRANTS PAYABLE | |||||||||
| 2022 | 2021 | ||||||||
| F | F | ||||||||
| Charitable | activities | 36,000 | 11,500 | ||||||
| The total grants paid to institutions |
during the year | was as follows: | |||||||
| 2022 f |
202'i E |
||||||||
| Rowans Hospice | 1,000 | ||||||||
| Hambledon | Pre-School | 2,500 | |||||||
| West Somerset Railway Association | 2,000 | ||||||||
| The Mount | Elgin Foundation | 1,000 | |||||||
| Mary Arming Rocks | 5,000 | ||||||||
| Hambledon | Parochial | Parish Council | 16,000 | ||||||
| Momentum | Children's | Charity | 10,000 | ||||||
| Steeple Langford Children's |
Play | Area | 10,000 | ||||||
| 36,000 | 11,500 |
| Governance | ||||
|---|---|---|---|---|
| costs | ||||
| 8 | ||||
| Charitable | activities | 3,820 | ||
| Support costs, included | in the above, are as follows: | |||
| Governance costs | ||||
| 2022 | 2021 | |||
| Chantable | Total | |||
| activities | activities | |||
| 8 | E | |||
| Auditors' remuneration Legal fees |
(200) 4,020 |
2,000 8,640 |
||
| 3,820 | 10,640 |
| COMPARATIVES |
FOR THE ST | ATENIENT OF FINANCIAL ACT | IVITIES |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| 8 | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Donations and legacies |
1,520,000 | ||
| Investment income |
10,455 | ||
| Total | 1,530,455 | ||
| EXPENDITURE ON | |||
| Raising funds | 16,180 | ||
| Charitable activities |
|||
| Charitable activities |
22,140 | ||
| Total | 38,320 | ||
| Net gains on investments | 265,134 | ||
| NET INCOME | 1,757,269 | ||
| RECONCILIATION | OF FUNDS | ||
| Total funds brought | forward | (3) |
| TOTAL FUNDS CARRIED FORWARD | TOTAL FUNDS CARRIED FORWARD | TOTAL FUNDS CARRIED FORWARD | 1,757,266 | |
|---|---|---|---|---|
| FIXEDASSET INVESTMENTS | ||||
| Listed | ||||
| investments | ||||
| 6 | ||||
| MARKET VALUE | ||||
| At 9 April 2021 | 1,759,409 | |||
| Disposals Revaluations |
(4,117) ~35,418) |
|||
| At 8 April 2022 | 1,719,874 | |||
| NET BOOK VALUE | ||||
| At 8 April 2022 | 1,719,874 | |||
| At 8 April 2021 | 1,759,409 | |||
| Analysis of investments | by type: | |||
| 2022 | 2021 | |||
| 6 | 6 | |||
| Equities | 1,535,411 | 1,573,583 | ||
| Fixed interest securities | 146,150 | 151,112 | ||
| Cash held within the investment | portfolio | 38,313 | 34,714 | |
| 1,719,874 | 1,759,409 |
| Listed | |||
|---|---|---|---|
| investments f |
|||
| Valuation | in | 2021 | 265,134 |
| Valuation | in | 2022 | (35,418) |
| Cost | 1,490,158 | ||
| 1,719,874 |
| CREDI | TORS | : AMOUNTS FALLING DUE |
WITHIN ONE YEAR | ||
|---|---|---|---|---|---|
| 2022 f |
2021 f |
||||
| Other creditors | 3,720 | 10,643 | |||
| MOVEMENT | IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 9.4.21 | in funds | 8vf22 | |||
| f. | f. | ||||
| Unrestricted | funds | ||||
| General | fund | 1,757,266 | (33,352) | 1,723,914 | |
| TOTAL | FUNDS | 1,757,266 | ~33,352) | 1,723,914 |
| Net mov | ement | in fu | nds, includ |
ed | in the abo | ve are as foll | ows: | ||
|---|---|---|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||||||
| resources f |
expended f |
losses F |
in funds f |
||||||
| Unrestricted | funds | ||||||||
| General | fund | 61,265 | (59,199) | (35,418) | (33,352) | ||||
| TOTAL | FUNDS | 61,265 | (59,199) | (35,418) | (33,352) | ||||
| Comparatives | for | movement | in | funds | |||||
| Net | |||||||||
| movement | At | ||||||||
| At 9.4.20 f |
in funds | 8.4.21 f |
|||||||
| Unrestricted | funds | ||||||||
| General | fund | (3) | 1,757,269 | 1,757,266 | |||||
| TOTAL | FUNDS | ~3) | 1,757,269 | 1,757,266 |
| Compara | tive | net movement in f |
unds, included in the abo |
ve are as follows: | ||
|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||
| resources f |
expended | losses | in funds F |
|||
| Unrestricted | funds | |||||
| General | fund | 1,530,455 | (38,320) | 265,134 | 1,757,269 | |
| TOTAL | FUNDS | 1,535455 | ~35,325) | 265,134 | 1,7572% |