||||Page|| |---|---|---|---|---| |Report ofthe Trustees||1|to|6| |Independent
Examiner's|Report|||| |Statement ofFinancial|Activities|||| |Balance Sheet||||| |Notes to the Financial Statements||10|to|23| |Detailed Statement ofFinancial Activities||24|to|25| ## ## ## ## ## ## |REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|DETAILS| |---|---|---|---| |Investment|Advisors||| |Ethical Investors||Group|| |Montpellier|House||| |47 Rodney|Road||| |Cheltenham|||| |GL50 IHX|||| |Holding Trustee|||| |Friends Trusts Limited|||| |Friends House|||| |173Euston|Road||| |London|||| |NWI 2BJ|||| |(Registered|Charity 237698)||| ## ## ## ## ## ## ## ||||||2022|2021| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||funds|funds|funds|funds| |||Notes||||| |INCOME AND ENDOWMENTS|FROM|||||| |Donations
and legacies|||96,743|8,000|104,743|349,035| |Other trading
activities
Investment
income|||65,596
49,597|964|65,596
50,561|23,806
49,374| |Other income|||41,051||41,051|38,454| |Total|||252,987|8,964|261,951|460,669| |EXPENDITURE ON||||||| |Raising funds|||88,170||88,170|86,892| |Charitable
activities||||||| |Quaker activities|||254,173|39,069|293,242|215,920| |Total|||342,343|39,069|381,412|302,812| |Net gains/(losses)
on investments|||~115,920)|~37,241)|~153,)61)|100,833| |NET INCOME/(EXPENDITURE)|||(205,276)|(67,346)|(272,622)|258,690| |Transfers
between
funds||19|22,354|~22,354)||| |Other recognised
gains/(losses)
Gains on revaluation
offixed assets||15|42 000||42,000|16,500| |Net movement
in funds|||(140,922)|(89,700)|(230,622)|275,190| |RECONCILIATION
OF FUNDS||||||| |Total funds brought
forward|||2,743,590|229,044|2,972,634|2,697,444| |TOTAL FUNDS CARRIED FORWARD|||2,602,668|139,344|2,742,012|2,972,634| ## |||||2022|2021| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes||||| |FIXEDASSETS|||||| |Tangible assets|14|12,214||12,214|| |Investments|||||| |Investments|15|807,669|131,459|939,128|1,109,361| |Investment
property|16|1,043,900||1,043,900|1,001,900| |||1,863,783|131,459|1,995,242|2,111,261| |CURRENT ASSETS|||||| |Debtors|17|40,102||40,102|41,408| |Cash at bank||730,881|7,885|738,766|831,449| |||770,983|7,885|778,868|872,857| |CREDITORS|||||| |Amounts
falling due within one year|18|(32,098)||(32,098)|(11,484)| |NET CURRENT ASSETS||738,885|7,885|746,770|861,373| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||2,602,668|139,344|2,742,012|2,972,634| |NET ASSETS||2,602,668|139,344|2,742,012|2,972,634| |FUNDS|19||||| |Unrestricted
funds||||2,602,668|2,743,590| |Restricted funds||||139,344|229,044| |TOTAL FUNDS||||2742,012|2,972,634| ## |Alderney|Guernsey|Portsmouth| |---|---|---| |Alton|Isle ofWight|Southampton| |Andover|Jersey|Winchester| |Basingstoke||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||DONATIONS
AND|LEGAC|IES||| |---|---|---|---|---|---| |||||2022|2021| ||Donations (Inc. gift aid)|||104,543|107,855| ||Legacies &gifts|||200|241 180| |||||104,743|349,035| |3.|OTHER TRADING|ACTIVITIES|||| |||||2022|2021| ||Meeting house hirings|||45,074|21,355| ||Other income (lnc. Residential||Weekends)|20,522|2,084| ||Miscellaneous
income||||367| |||||65,596|23,806| |4.|INVESTMENT INCOME||||| |||||2022|2021| ||Rents received|||41,867|45,350| ||Interest ÷nds|received||8,694|4,024| |||||50,561|49,374| |5.|OTHER INCOME||||| |||||2022|2021| ||Housing
project rent|||41,051|38,454| ## ## |6.|RAISING FUNDS||||||||| |---|---|---|---|---|---|---|---|---|---| ||Investment
management
costs|||||||2022|2021| ||Wages
Letting agents fees
Maintenance
to investment|properties||||||12,710
5,356
8,628|11,724
8,815
6,705| ||Insurance|||||||3,510|3,270| ||Repairs &maintenance
costs
Utilities|||||||28,236
14,407|19,955
8,278| ||Independent
examiner fee
Bookkeeping
fees
Administration
costs|||||||2,328
911
3,811|14,808
2,075
782| ||Meeting House improvement
Burial grounds
Rent|project||||||6,477
1,796|5,783
2,405
2,292| |||||||||~88 170|~86 892| |7.|CHARITABLE ACTIVITIES||COSTS||||||| ||||||||Grant||| ||||||||funding of||| |||||||Direct|activities|Support|| |||||||Costs (see|(see note|costs (see|| |||||||note 8)|9)|note 10)|Totals| ||Quaker Activities|||||18,799|163,163|111,280|293,242| |8.|DIRECT COSTS OF CHARITABLE||||ACTIVITIES||||| |||||||||2022|2021| ||Training
and conferences|||||||1,934|2,023| ||Meeting attendances
Printing,
postage & stationery
Outreach|||||||105
883
1,563|2,390
2,081| ||Meeting support costs (Inc. Residential
Administration||||Weekend)|||2,503
5,388|324
3,570| ||Room and equipment
hire|||||||6,423|| |||||||||18,799|10,388| |9.|GRANTS PAYABLE||||||||| |||||||||2022|2021| ||Quaker Activities|||||||163,163|98,467| ||The total grants paid to institutions|||during the year||was as follows:||2022|2021| ||BYM Contribution|||||||53,492|44,695| ||Other Donations
- Quaker|charities||||||5,321|11,135| ||Other Donations
—non-Quaker||charities|||||79,143|20,395| ||Grants to individuals|||||||25,207|22,242| |||||||||163,163|98,467| ## |SUPPORT C||OSTS||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||Governance|| |||||||Management|||costs|Totals| |Quaker Activities|||||||100,705||10,575|111,280| |Support
costs||and governance||costs are allocated|between|raising|funds|(40%)|and Quaker|activities
(60%)| |basis. Total costs are as follows:||||||||||| ||||||||||2022|2021| |Wages|||||||||31,775|29,310| |Insurance|||||||||8,775|8,176| |Repairs k, maintenance|||costs||||||70,590|49,890| |Utilities|||||||||36,018|20,692| |Meeting House improvement||||project|||||16,193|14,458| |Burial grounds|||||||||4,490|6,013| |Rent||||||||||5,730| |Independent|examiner||fee||||||5,820|37,020| |Bookkeeping||fees|||||||2,277|5, 188| |Administration||costs|||||||9,528|1,960| ||||||||||185,466|773437| |Support costs,||included|in the|above, are as follows:||||||| ||||||||||2022|2021| ||||||||||Quaker|Quaker| ||||||||||activities|activities| |Wages|||||||||19,065|17,586| |Insurance|||||||||5,265|4,906| |Repairs k, maintenance|||costs||||||42,354|29,935| |Utilities|||||||||21,611|12,414| |Meeting House improvement||||project|||||9,716|8,675| |Burial grounds|||||||||2,694|3,608| |Rent||||||||||3,438| |Independent|examiner||fee||||||3,492|22,212| |Bookkeeping||fees|||||||1,366|3,113| |Administration||costs|||||||5,717|1,178| ||||||||||111,280|107,065| ## ## ## ## ## ## |14.|TANGIBLE FIXEDASSETS|||| |---|---|---|---|---| ||||Computer|| ||||equipment|Totals| ||COST|||| ||At 1st January 2022
Additions||16,286|16,286| ||At 31stDecember 2022||16,286|16286| ||DEPRECIATION|||| ||At 1stJanuary 2022
Charge for the year||4,072|4,072| ||At 31stDecember 2022||4,072|4,072| ||NET BOOK VALUE|||| ||At 31stDecember 2021|||| ||At 31stDecember 2022||12,214|12,214| |15.|FIXEDASSET INVESTMENTS|||| |||Listed|Unlisted|| |||investments|investments|Totals| ||MARKET VALUE|||| ||At 1stJanuary 2022|1,099,361|10,000|1,109,361| ||Additions|644,868||644,868| ||Disposals
Revaluations|(661,940)
~153,161)||(661,940)
~353,363)| ||At 31stDecember 2022|929,128|10,000|939,128| ||NET BOOK VALUE|||| ||At 31stDecember 2021|1,099,361|10,000|1,109,361| ||At 31stDecember 2022|929,128|10,000|939,128| ## ## |FAIR VALUE|| |---|---| |At 1st January 2022|1,001,900| |Revaluation|42,000| |At 31st December 2022|1,043,900| |NET BOOK VALUE|| |At 31stDecember 2021|1,001,900| |At 31stDecember 2022|1,043,900| |The properties
and their values are:|||| |---|---|---|---| |Investment
Property|||Market Value| |Upper Flat (formerly
warden's
flat) in Alton Meeting House
Private G/F Studio Flat in Alton Meeting House|||144,000
132,000| |Upper Flat (formerly
wardens'
flat), Basingstoke
Flat (formerly
wardens'
flat), Portsmouth
Meeting|Meeting House
House||200,400
126,000| |Cottage adjoining
Portsmouth
Meeting House|||96,000| |Cottage (formerly
wardens'
flat) in grounds of Southampton||Meeting House|216,000| |One-seventh
share of "LaChasse", Jersey|||125,000| |Hannah
House, Hunnyhill,
Isle ofWight|||4,500| |Total|||1,043,900| ## |DEBTO|RS:AMOUNTS FALLING DUE WIT|HIN ONE YEAR|| |---|---|---|---| |||2022|2021| |Debtors||20,102|21,408| |Deposits|held|20,000|20,000| |||40,102|41,408| ## |CREDIT|ORS: AMOUNTS FALLING DUE WITHIN|ONE YEAR|| |---|---|---|---| |||2022|2021| |Trade creditors||24,829|4,788| |Acting as|Agents|1,449|876| |Accruals|and deferred income|5,820|~5820| |||32,098|11,484| |||2022|2021| |---|---|---|---| |As at 1st January|2022|876|1,491| |Received during
Expended
during|the year
the year|5,134
2,500
~4,561)~3,115)|| |As at 31stDecember 2022||1,449|876| ## |MOVEMENT|IN F|UNDS||||| |---|---|---|---|---|---|---| |||||Net|Transfers|| |||||movement|between|At| ||||At 1.1.22|in funds|funds|31.12.22| |Unrestricted
funds||||||| |AM General Fund|||1,006,097|3,667|55,995|1,065,759| |Alice Southwell|Legacy (Basingstoke)||5,396|21|(21)|5,396| |Claire Smith Legacy||(Basingstoke)|3,439|(1,001)||2,438| |Guernsey
Legacy Fund|||5,887|22||5,909| |Joyce Warwick|Fund|(Portsmouth)|5,683|||5,683| |Anne Parmeter|Legacy (Jersey)||62,000|(9,847)||52,153| |La Chasse (Jersey)|||125,000|||125,000| |Peggy Jackson|Legacy (Southampton)||377,609|(63,965)||313,644| |Patrick Nott Legacy||(IOW)|324,886|(56,990)||267,896| |AM Property
Fund|||107,412|(17,059)||90,353| |Alderney|||1,448|308||1,756| |Alton|||24,577|4,982|(2,709)|26,850| |Ando ver|||1,090|2,228|(1,806)|1,512| |Basingstoke|||21,866|814|(3,323)|19,357| |Guernsey|||2,719|755|(960)|2,514| |Isle ofWight|||56,366|(3,057)|(4,284)|49,025| |Jersey|||29,802|5,921|(2,394)|33,329| |Portsmouth|||32,337|6,318|(4,515)|34,140| |Southampton|||213,933|(38,656)|(8,211)|167,066| |Winchester
Gillian Davies|Legacy (Winchester)||114,503
221,540|8,783
~6,520)|(5,418)|117,868
215,020| ||||2,743,590|(163,276)|22,354|2,602,668| |Restricted
funds||||||| |AM Building Fund|||55,658|(8,840)||46,818| |AM Loan Fund|(Dorothy Searle Legacy)||26,574|(4,220)|(22,354)|| |McBain Fund|||92,716|(41,088)||51,628| |IOW Hewland|Fund||17,073|(17,073)||| |IOW Building|Fund||15,358|(2,439)||12,919| |IOW Legacy Fund|||10,619|(1,686)||8,933| |Alderney
Fund|||1,046|||1,046| |Sawell Fund|||5,000|||5,000| |Winchester
Building||Fund|5,000|8,000||13,000| ||||229,044|~67,346)|~22,334)|139,344| |TOTAL FUNDS|||2,972,634|~230,622)||2,742,012| ## |||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---| |||resources|expended|losses|in funds| |Unrestricted
funds|||||| |AM General Fund||(310)|(26,593)|30,570|3,667| |Alice Southwell|Legacy (Basingstoke)|21|||21| |Claire Smith Legacy (Basingstoke)||13|(1,014)||(1,001)| |Guernsey
Legacy Fund||22|||22| |Anne Parmeter|Legacy (Jersey)|302||(10,149)|(9,847)| |Peggy Jackson|Legacy (Southampton)|||(63,965)|(63,965)| |Patrick Nott Legacy (IOW)||3,292|(60,282)||(56,990)| |AM Property
Fund||523||(17,582)|(17,059)| |Alderney||2,154|(1,846)||308| |Alton||29,468|(24,486)||4,982| |Ando ver||4,139|(1,911)||2,228| |Basingstoke||13,796|(12,982)||814| |Guernsey||4,504|(3,749)||755| |Isle ofWight||8,089|(11,146)||(3,057)| |Jersey||24,086|(18,165)||5,921| |Portsmouth||17,621|(11,303)||6,318| |Southampton||39,666|(73,900)|(4,422)|(38,656)| |Winchester
Gillian Davies|Legacy (Winchester)|105,601|(94,966)|(1,852)
~6,520)|8,783
~6,520)| |||252,987|(342,343)|(73,920)|(163,276)| |Restricted
funds|||||| |AM Building
Fund||271||(9,111)|(8,840)| |AM Loan Fund|(Dorothy Searle Legacy)|129||(4,349)|(4,220)| |McBain Fund||437|(21,996)|(19,529)|(41,088)| |IOW Hewland|Fund||(17,073)||(17,073)| |IOW Building|Fund|75||(2,514)|(2,439)| |IOW Legacy Fund||52||(1,738)|(1,686)| |Winchester
Building Fund||8,000|||8,000| |||8,964|~39,069)|~37,241)|~67,346)| |TOTAL FUNDS||261,951|~301,412)|(111,161)|(230,622)| ## |MOVEMENT IN F|UNDS - contin|ued||||| |---|---|---|---|---|---|---| |2021 Comparatives|for movement|in funds||||| |||||Net|Transfers|| |||||movement|between|At| ||||At 1.1.21|in funds|funds|31.12.21| |Unrestricted
funds||||||| |AM General Fund|||997,899|(27,902)|36,100|1,006,097| |Alice Southwell
Legacy (Basingstoke)
Claire Smith Legacy (Basingstoke)|||5,396
4,162|I
(723)|(I)|5,396
3,439| |Guernsey
Legacy Fund|||5,887|||5,887| |Joyce Warwick Fund (Portsmouth)
Anne Parmeter Legacy (Jersey)|||5,683
62,455||(455)|5,683
62,000| |La Chasse (Jersey)|||125,000|||125,000| |Peggy Jackson Legacy (Southampton)
Patrick Nott Legacy (IOW)|||322,055
342,180|55,554
(17,294)||377,609
324,886| |AM Property
Fund|||83,586|23,826||107,412| |Alderney|||1,258|690|(500)|1,448| |Alton|||37,168|(6,751)|(5,840)|24,577| |Andover|||1,434|1,176|(1,520)|1,090| |Basingstoke|||19,291|5,754|(3,179)|21,866| |Guernsey|||9,552|(5,873)|(960)|2,719| |Isle ofWight|||63,928|(5,397)|(2,165)|56,366| |Jersey|||31,104|643|(1,945)|29,802| |Portsmouth|||29,478|7,219|(4,360)|32,337| |Southampton|||201,231|20,502|(7,800)|213,933| |Winchester|||120,275|(352)|(5,420)|114,503| |Gillian Davies Legacy (Winchester)||||221,540||221,540| ||||2,469,022|272,613|1,955|2,743,590| |Restricted
funds||||||| |AM Building Fund|||55,251|407||55,658| |AM Loan Fund (Dorothy Searle Legacy)|||26,167|407||26,574| |McBain Fund|||96,788|(4,072)||92,716| |IOW Hewland
Fund|||22,169|(5,096)||17,073| |IOW Building Fund|||14,834|524||15,358| |IOW Legacy Fund
Alderney
Fund|||12,167
1,046|407|(1,955)|10,619
1,046| |Sawell Fund||||5,000||5,000| |Winchester
Building|Fund|||5,000||5,000| ||||228,422|2,577|~1,955)|229,044| |TOTAL FUNDS|||2,697,444|275,190||2,972,634| ## ## ## ## ## ## ## ## ## |||||2022|2021| |---|---|---|---|---|---| |INCOME AND ENDOWMENTS|||||| |Donations
and legacies|||||| |Donations (Inc. gift aid)||||104,543|]07,855| |Legacies &gifts||||200|241,180| |||||104,743|349,035| |Other trading activities|||||| |Meeting house hirings||||45,074|21,355| |Other income (Inc. Residential|||Weekends)|20,522|2,084| |Miscellaneous
income|||||367| |||||65,596|23,806| |Investment
income|||||| |Rents received||||41,867|45,350| |Interest ÷nds
received||||8,694|4,024| |||||50,561|49,374| |Other income|||||| |Housing Project rent||||41,051|38,454| |Total incoming
resources||||261,591|460,669| |EXPENDITURE|||||| |Investment
management||costs|||| |Wages||||12,710|11,724| |Letting agents fees||||5,356|8,815| |Maintenance
to investment||properties||8,628|6,705| |Insurance||||3,510|3,270| |Repairs &maintenance|costs|||28,236|19,955| |Utilities||||14,407|8,278| |Independent
examiner fee||||2,328|14,808| |Bookkeeping
fees||||911|2,075| |Administration
costs||||3,811|782| |Meeting House improvement|||project|6,477|5,783| |Burial grounds||||1,796|2,405| |Rent|||||2,292| |||||88,170|86,892| ||||2022|2021| |---|---|---|---|---| |Charitable
activities||||| |Training
and conferences
Meeting attendances
Printing,
postage &stationary
Outreach|||1,934
105
883
1,563|2,023
2,390
2,081| |Meeting support costs (Inc. Residential
Weekend)
Administration|||2,503
5,388|324
3,570| |Room and equipment
hire
Grants to institutions|||6,423
124,470|76,225| |Grants to individuals|||38,693|22,242| ||||181,962|108,855| |Support costs||||| |Management
Wages
Insurance|||19,065
5,265|17,586
4,906| |Repairs &maintenance
Utilities|costs||42,354
21,611|29,935
12,414| |Meeting House improvement
Burial grounds
Rent||project|9,716
2,694|8,675
3,608
3,438| ||||100,705|80,562| |Governance
costs||||| |Independent
examiner
Bookkeeping
fees
Administration
costs|fee||3,492
1,366
5,717|22,212
3,113
1,178| ||||10,575|26,503| |Total resources expended|||381,412|302,812| |Net income/(expenditure)|||(119,821)|157,857|