Regist•red numb•r. 12649941
Charlty number 1191368
IBC - In Perpetulty
(A company 11m1t￿ by guarnntsa)
Unauditsd
Trusta••' report and flnanclal statsments
For the y•ar ondod 30 Juno 2022

IBC - In Por￿tUlty
(A company limit•d by guarantee}
Cont•Trts
Poge
R•f•r•nc• and •dmlnl¥trallve detalts of the charfty, Its Tnmttts •nd •dvl80rn
Trust•o8' rnport
Ind•pondont •xamlnerfs r•ibort
St•tgmont of financlal a¢tSvldgs
Nots8 to th• flnanclal slat•m•nts
8.15

IBC - In Porpthty
IA c¢xnpany Ilmit•d by guarant••)
Refer•ne• and admlnkntrat1￿ det•ll8 of thg charfty. It8 TrusteM and advlws
For th• year end•d 30 June 2022
Trusts•s
S Hare. Chair
R Edwards {re8igned 1 Dec•mbor 2022)
P Brown
S ManwarirKJ
Company Mgl¥t•r•d
numb•r
12649941
Charlty r•gl•t•r•d
numb•r
1191368
R•glstsr•d offlc•
Jackson Hal
Portland P*•
Hasllngi
East Sussex
TN34 1QN
A¢countants
Chartered Accountants
Plus X Innovats'on Hub
Lewe8 Road
8Th3hton
Ea81 Sui86X
BN2 4GL
Bank•rn
Ltyds Bank plc
17 WeNing1C￿ Plac•
Hasting8
TN34 1NX
P•Je 1

IBC- In Perwi
(A company Ilmlt¢d by guararteel
TnBtses' report
For the year •nded 30 Jun• 2022
The Trustees present their annual rewt together w￿h ffnancial Statem￿ts of the ch*ity for the year 1 July
2021 to 30 June 2022. The Annual report s8rvgs the purposes of both a Trusloes. report and a directors, report
undei Company law. The Twstees confinm that the Annual rep)rt and finanoal statements of the ch8ritable
c¢Jmpany comptry with tha current 8latutory wuirements. the r4uirgments of the charitable cOmpa￿S
goveming document and thg provis￿n8 of Ihe Statement of Recommended Prxtice ISORPI applic*)le to
charith'es preparing their aGcounts in aceordance with tha Repcytwy Standwd applicable in the UK aTh
Republic of Ireland {FRS11721 leffectwe 1 January 2019).
Since the charlty qual11￿ as sman under sectb)n 382 of the compani￿ Act 21)%. th8 StralegK report requlrèd
ol medium and large compan*8 under the Companies Act 20￿ (strateg￿ Report and Directors, Raporti
Rggulation8 2013 has bean omllted.
ObJ•ctlvu and •¢tlvlth¥
Pollclu •nd obJKthI•s
The otyects oftha charty we.'_
To promote thg rdlgf of oldgr people Ihmugh tho ltyam) hoklry, upkwp 8NJ deN*ment of the Isabel
Blackman Contre a• • c(xnnwnlty 858¢t..
To enable lo prOv￿10Th ol serwces at Ihg ￿ntro lo fyywble soclal and rgcreatlonal ￿portunty and to rnUov&
financial hardshlp and poor health amowst okler pwple thrO￿h th• pr(vIS￿ of atho and infomiallon..
To enabl¢ leisure 8rMI recreatsnal i)kwrtuniti96 for Ihg Vlider communty •nd Centro as Jn acc•88ib
community building.
In $6ttwy objectives and plgnning lor activiti•s. the TTUStees have giv￿ du8 consideration to general guidan¢¢
publiyhed by the Charity CommissA)n relab'ng to publt benefft. including guidanvi 'PublK bgnefrt.. running
ch8rtty {PB2)'.
b. Maln •ctlvltl•• und•rt•k•n to fUrt￿rth• charltyS lor th• publlc b•n•fft
The chariVJ maln activty is its role as cu$lc#Ji8n of the Is*1 Blackman C8ntr• as a communty asset for older
pecple and others. #nd the ¢Mrsrght of the requiremènts and 8lrats9t rgporting fr￿eWOrk agreed with Ils
delfvory p8rtner.
Achl•v•m•nts and p•rfornwn
4. Maln achlevem•nts of th• charfty
During the re￿rtIng pwkxl the Charity has contlnued to d￿e￿¥ Ihe Isthl Blalknian Centre as a vtbrant ond
respon$ive resource for Older P￿pIe and general conwnunlty.
Tru8tees of the Charity led a communty fundraising ¢•npa*Jn yth￿h generat8d sufficient incctme which
(Combin￿ tmth grant 8UPWt from crther local Charit*$} enabled the buPding lo b8 purchased 2020.
Meetings were hold th pc*ential lunder8 ¥th￿h have been up d8t8iled p￿OSalS to acquirn
funding lo supwrt the bnger temi actNities of tha Charity. This has rea￿Sed S￿nffic0Tht grant ineeme lsupwrted
by ca8hl&7w support from Age UK East Sussox) en*ling the re￿￿151¥n8nI of the witre
A bus1r￿S plan and operats.ng model was determined for the Cenlre's day to day management Age UK East
Sussex As a resuft the buildiry was made available to Age UK East Suss•x and monitoring and revmy
arrangements were concluded.
Page 2

IBC- In P•rytuity
IA c¢mpany limlted ty guarantse)
Trus199s' rnport (eontlnuedl
For Ihe year •ndgd 30 June 2022
Achlwements and perf0rnwn￿ Iconllnuedl
The Charty wa8 Invowl in discussions to receive ￿ assets of an Okler People's Charity {FrlandÈ of tho Old
Peoplg) as a contribution to thè runnirwj costs durin9 the fi￿t ph8se of the Centres re4aunch.
The Charty reVi￿Vy the vesu#s of 8ngagern￿t arKI consult8tion whlch had been undertaken by Age UK East
Su8¥ex arKI by Haslings Vohjntary Action which summarised VIV￿ expressed by OlJ8r People IrKotty. Those
worg used 48 Part of the discus8￿¥ 8nd wthatson8 whth t￿k plxa to shapè tho sw4iCa8. piting and offer
Arran9em8nls for a reportirvJ framwwoth betlbwn Age UK East Sussex and the Charrty wtre concluded. The
Pu￿1$6 of this was to ensure that fuThJors and stskehohkn coukl be adv*8d of the impact of the IBC as
community asset enablng work ur+dertaken by the Charity arKI its partners. This enBured that achlevamenls
could be rep￿ In an accountable and transparenl way.
Woik was undertaken to prepare and upgrade the flat * the untre to inltialty be 8vailabki after a l(ry pericd of
Inactlvty lo be avaiW)le for rent bcth to med h¢>J8ing need and xt a8 a stream lo support the fvture
wovk ofthe Chaty.
wes undertaken to doveknp a Img temi plan and r•wn8 poIv4.
The rnngfj of actmty d¢￿ribed in Ihii Trustgej rewl l*J to a fmal op8ning wènt duty whKh th• Lord
Lieutenant of Ea81 Sussex cpened thé buikling in Deeembor 2022.
Flnan¢l•l r•vl•w
•. Golng conc•m
After making 8pprcpriale enquiri8B, the Trusteès h•ve a rea8onabl8 6xpe¢tstion that ts tharity has adequat•
resources to conts'nue in weratkThal emlance for the fOres￿able future. For this r8ason, they continu6 to adopt
the going corKern basis in proparing the financial statomenls. Further deta515 regarding the adopts'on of the going
concem basis C￿ ￿ I(￿n￿ in the xcounts.ng
b. RM?rvM pollcy
cha￿11•$ reserves policy rewnlses that it respMsibrfty for a caprtal assat ￿4¢h wll need 8 r88pon6lve
and ￿n￿d mairrtenanc• pwramme. tt also intends lo. t*here resources alow, invest ￿SoUrC0S lo ext¥nd and
develop day lo day serw¢es at Ihe Contr8 where lfrrtse meet our charIab￿ objects and futhér develop the
building. To Ihls end, ￿l$IderatIOn is t¢ing gNen to the disposal of the flat at the Centre to contribute to the
Charities longer temi aims and enablo ￿ffic￿Trt reser￿ to meel kncf*n likdy costs.
Ai the ba1￿Ce $he8t date total re$erb￿ ol the charity V•we £587.24312021'. £388,328). Of th95e rnserve8
the charty had fr88 Tesopns trt411ing1£36.718) {2021: £nl.
8tructure. gov•mance and m•n•g•m•nl
. Con8tltutlon
IBC - In Perpeluty is registered as a charrtabfe IXXnp￿ linited by guarantee arKI r8 kTh)vem8d by its
Memorandum and dated 07 August 2020.
b. M•thod¥ of appolntment or •lKtlon of Trustt
The management of charty is the responsbilty c* the Tn￿085 who are elected under the terns of the
Articks of Assctiatlon. .
P•]e 3

IBC- In Pefpetulty
IA company limit•d by guarantso)
Tr￿10￿9, rnport Icontlnu•d)
For th• y•ar onded 20 Jun• 2022
Membevs. lknblllty
The Members ol tho tharity guarantee to contriimrte an amourrt not 8xce8dlng £1 to the assets ￿ the chartty In
the event of winding w.
St•t8rnont of Tr￿t•￿' rnspon81bllltl••
The Tnrst•es (who are also the directors of ts chaty for tho Pufposes of ccynpany law) are responsib￿ for
P￿Paring the Trustees, rep￿% and thè fmanaal statements in ac¢ordar+ca with applicablo and Unrted
Kingdom Accountlng Stand¥d# (Unbtod Kryd(Yft Gener* Acupted ACC￿ntir#4 pract￿).
Company l&¥ rffjuir88 tho TnJ81ees to prepare financial 8tatwnents ft*r ea¢h fina￿101 yew. Under company lthi,
the Tru81985 must not approve Ihe finarLi•l statements un188S ttrw are sat￿fied that they gNe a true aTra falr
vithv of the State of affairs of the charty and of lis incoming rescurces ar￿ appI￿a￿on of resources, including rts
income and expenditurE. kn that p8ricxl. In prep8ring these finanaal stat8ment8. the Trust￿ ore rgquired lo..
sdect suitable accounlkng policth and thèn appty them ccmsi5tenlty.'
observg the m•lhod8 and prinaples of the Charlbè8 SORP (FRS 1021..
mak8 ludggmenls and xcounting estimates that aro mason8bk arKI pnthnt;
8tste whether applicab￿ UK Accounling Sl8TrJard8 {FRS 1021 ha￿ bean folkrAed. $uLy'¢ct lo any m•lertg1
departures disthjsed and explained in the financial statements;
prepare the financk?I statements on the swing concem basi$ unl88• it18 In¥)proprl8t• to pr8guma that thè
charity wil CQfrtlnu• in bu8ln88s.
The Tru8tee• or• r•w)nsible lor keephig adequat8 xcounth7g r•¢ords th* aro sufficklnt to •hryw ar+d explain
thé thanvs transactbJn8 and dl8ck)8e reasonable at any time the fi'nwKial posilion of the charity
•nd enable them lo ensure that the fina￿1?1 statements comply with the Compani88 Act 2006. They are 81s0
responsiblg for saleguarding the assets of th? charity and hgnce for t*iThJ rthxonable step8 for the prevenllon
•nd detecb'on of fraud •nd cA￿T irregulaiitw.
Approved by eAdar of the m•rnbws ofthe board of TruJtee8 and sign￿ on th8tr ty.
anwarlng
(Chair of Truste•s)
Date.. 20 Decemb8r 2(r23
Page 4

IBC- In Perpotulty
(A Company limit￿ by gu•r4ntsg1
Staloment of financial athltles (Intorpornttng Income and •xp•ndlture account)
For thg year ended 30 Jun• 2022
R•¥IrIct￿ Unr•Btric￿l
funds
funds
2022
2022
T¢Aal
lufftd#
2022
Total
funds
2021
Incom• from:
Donations and Wcies
76.000
168.107
233.107
391.970
Total Incom•
76.000
158.107
233,107
391.970
Exp8ndltur• on:
ChariL*le activitie
34190
¥190
3,644
Tot•1 •xp•ndltur•
34.190
34,1
Net Incom•
Tran8f8rs bet*wn furKI8
75,000
1151,326)
123.917
151,326
198,917
388.326
11
Not mov•m•nt In fvnd•
(76.326)
275243
198,917
388.328
R•conclllatlon of fvnd•:
Total funds brwht forward
Net movement In funds
3B8.328
176,326
388,326
198,917
276
388,326
Totsl fund• carrfgd forw*rd
312,1)00
275243
587,243
388.328
Th• Statemènt of financlal activKi08 in¢knJes afi galns and h)M•s recogni8ed In th8 year.
The nates on pay$ 8 to 15 fcrfm p¥t ofthose finarKial 8tat8m8nts.
Page 6

IBC - In Porpetulty
(A eompany Ilmit•d by guarante•}
Rogl8tered number: 12649941
Balanc8 sh••t
As at 30 June 2021
2022
2021
Flxed assets
Investmant Propwty
623.969
623.959
Curront •ss•ts
Debtorn
Cash al bank arKI In h￿d
57,670
342,470
7.436
400.140
CrédRor8'. •munts fal&'ng kn wlthin one
year
10
1441521
111.814)
Not curr•nt Il•blllil•8 11•8•ts
136,7161
388.326
Tot•1 M••ts lem currnrt Il•bllhl•8
687,243
388.328
Net ai••ts •xcludlng p•n•lon •M•t
Total n•t aM•ts
587,243
388,326
S87,243
388.326
Ch•rfty lunds
Ro$trictwJ fund8
Unr•otriGted lund•
11
11
312.rAo
275.243
388,326
Total fund•
$87,243
388.328
Th• charfty was entrfded to 8X￿11)n from audit under Mclion 477 of the Ctywnie8 Act 20r￿.
The members have not required the cclnpany to obtain an audit for th? year in quoslK>n in accordan￿ Kryth
I￿￿On 476 01 Companies Acl 20￿.
Tha Trustees ￿kn￿e their Tespon9blit*s for CLynp￿'ng with the r•quirnm8nts of the Act wilh rg8PeCt to
accounting records and preparation of financial State￿nIS.
The financi￿ $1otemerrts have been pryared wi xcordwc¥ with the prthrysv￿s aPp1kab￿ lo entit*8 8ubfft6¢t lo
the small eompanies regim8.
financial 6tat*Mnt8 were approved arKI auth¢)1￿￿ lor issue by th8 TnMte8s and swJn&J on ￿1r behaff by.
iAanwarfng
(Chair of Trustees)
Date.. 20 December 2023
The notes on p4es 8 to 15 fonn ofth•58 fina￿la1 statwrnnts.
Page 7

IBC - In PWp￿Ulfy
IA company Ilmlted ty guar•ntM)
N¢)tts to th• financlal statements
For thg ygar Md•d 30 June 2022
General Inforniollon
The charity is a chaibt*le company Imit•J by grntoe withc*rt use of Sha￿ ¢apit41. It was
IncO￿aT8ted in ENJkqrKI Wales and ￿ regist•r•J office address J&k8￿ Hall, Hastings. TN34
1EN.
untlTrg pollcl••
2.1 Ba•1• of pro￿ratIOn ol flnanclal $tat•rn•nts
The ffnaneial stslements ha¥e been prepared In *eordaneé wlth tl* Charities SORP IFRS 1021-
Accounting and Reporting ty charit￿.. Statement of Recommended Practice applicable lo charities
preparing their accounts in xcwdance with the Financkgl Reporting Standard applicable In the UK
and Republic of Ireland {FRS 102) (effective 1 January 2019). the Flnanciol ReportiThJ Slartrdard
aFplic*le in th• UK and Re￿￿11¢ of Ireland IFRS 1021 and the Comp*￿• Ad 2006.
IBC - In Parp￿ty m••ts Il* d•finition cl a pUbr￿ entity und•r FRS 102. Asset8 liablitiès
are retognwd at hi8torKal c08t or tr8n8actlon va￿8 unl•$8 Oth•r￿se stated in the relevant
accounts.ng pc4icy.
The8& account8 ar• prep8r¢d in pound¥ sloth rounded to ts neAresl whokn pound.
22 In¢om•
All income is recognised once the charity has onlitl#ment to Ihe Income, it is probabb Ihol the inwme
will ￿ receN•d and the rnnl of Ir￿m& Tt¢ewabkn be M￿SUrnd reliably.
Grants are Included in the Ststemenl of financlal 8Ctl¥ltles on a receNable b•sis. The baLqnce of
Income ￿ttl¥¢d for purpo888 but not expended during the p•riTrJ 1$ shown In the re￿an1
fvnds on the 8aLqnce sheet. Wheie income is received in •knnGe of onlitlement of rocelpl,
ognitlon Is deferrnd and included in credrtorn •F dthTh•d inc(xn8. Whwe ￿tItlement i)ccur8
before Income Is r￿￿ed, the income is accrued.
2.3 Expendltvrn
Exponditure is recognised once th•re ra a legal or wnstructive oblkJatSon to transfer 8conornir ben•frt
lo a third pwty, it o pr¢4)￿le that a transfer of beneffts bg required in $ettlemgnt and
the amount of the obngatlon can be measured reliab￿. ExperHliture 13 claysifiod by acliwty. Th& costs
ol each actimty are made up of thg total of direct c&)sls and shar6d eo$l$. indudirKJ supp¢)rt cos18
invofved in urKlertaking each octsvty. Direcl c08ts attrt*ulable to a single are allocated direclty
lo Ihat &tMty. Shared c¢)Jts vthich COntri￿JIe to more than one athfy 8r¥J SUPPDrt costg which are
not attribUt8￿e lo a Singb o¢tNity are apportK¥*d beknn th0￿ xtivilies on a basis consi8tent wth
the use of re50urc88. Cenlr81 sl8ff ¢08ts are al[(Vt￿ on the basis of tkne 8pent. and depre￿at￿n
charges afi¢Jcated on the wtion of the ass8fs use.
Expenditure on charita)le activitRs is i￿￿rred on directly undertaking th8 acbvKitr8 further tt
charitls otyectNe8, as well as any assouated SUPFQrt cosl3.
All expenditiffe is inclusive of irTecover*le VAT.
14 Investments
Fixed asset invesfments are in the fcm of an investment property. The costs associated with th•
prcpety ale Initi￿ r8cognsed at their transacticffl cost Subsequentty measured al fair value
the Bdance sheet date. Investsnenl gain5 and k>sses. whether r8alisad or unrealised. are combined
and presented aS,Gain￿{LoSSOS> on investments. in the Stat8m8nt of finan¢r41 adNilies.
Page 8

IBC . In P•rpetulty
(A company limittd by guardntse)
Nots8 to the fin•n¢i•l slat•ments
For tho y￿r wdod 30 Jun• 2022
Accounllng pollcle# (e4Xrtinu•d
IS D•btgr¥
Trad8 other debt¢)rs are recogni3￿ at the setllemenl *nounl after any Ir•ae discount offered.
Prepayments are va￿d at the am¢)unl prepa￿ net ot any tr* discounts due.
18 Cash at b*nk and In hand
C•$h 81 bank and in hand Incl￿8 cash and short4emi highty INJuid inveslments with 8 short maturty
of three months or le88 from the date of wuisrtp)n or openry of the deposit or swnilar account.
17 Uablllll•s •nd provlslons
Liabl1￿￿9 aro recognised ￿en thére is an oblvJation at the Balance sheet date as g r•sutt of a past
8vent. it is pl￿At40 that a Iransf8r of econorn￿ benefft ¥￿11 be required in $ettlgrn8nt, and Ihg amount
of the 8etlle￿t can ba 88timated
Uabilll¢s are rncognised at the amount that th• charty athipatej it will pay lo Iho debt or tho
amount it T￿e￿j as advarwl p￿￿t8 for the go￿￿& or 8erAc68 tt mu8t prowd?.
18 FIna￿l•l In•trum•nts
The charity onty ha8 thartl•l •$s¢ts and finarrtial Wilrtw of 8 kind that qualmy as basic financial
in8lrumen18. Basle flnancral Instrumen18 are initialy rectsJnis&l 8t tr•ns•ction value and 8ub8oquently
mea8ured * their settknonl value wlth the exceptw of bank bans which arè subsequontly
m••sured al wrn)rtiJ•d cost uilng thé eff•¢lpn interest method.
19 Fund •ccountlTho
General funds *• unr•stricW funds ar¢ for at th& dlfycletlon of the Trustees In
furthèraneè of th? general objectrns of thè chaiity and have not be•n ￿￿￿￿nated for other
purpose4.
Restricted funds are funds which are to bo used in xcordance wjth specffic rgstrictKinJ imposed by
dor￿18 or havè been raised by tho charity for partrcular purFQStsS. The costs of ra181ng and
8dmlnr41erw￿ such funds are chargod against the Jpecfft fund. The gim and use of each re8ldcled
fvnd is set out in the notes to the financial Statements.
Incom• from don•llon• and l•gxlo8
Total
funds
2022
funds
2022
2022
Donatrons
Grants
1,792
156,315
1,792
231.315
75.000
75.IXKI
158,107
233,107
Pago 9

IBC - In Perpetulty
(A company limlted by guarantee)
Notss lo the flnanclal 8t•tements
For the y••r •ndod 30 Jun• 2022
Incom• fr(xn donatlons and l•gacles Icontinu•dl
Re8tricled
funds
2021
Total
fvnds
2021
Don8tton8
391.970
391,970
Analys￿ ol •xpèndltur• on ch•rhabh actfvltl•
8umm•ry by typ•
Unr••trlctod
fun
2022
Total
2022
Relk8t fy th• élderty
34.190
34,190
Unr88trlded
funds
2021
Total
2021
Rdief tor th• eklerty
An•ly8h of •xp•ndltur• by •¢llvhl
AcllvltloB
vnd•rtak
dlMc¢ly
2022
Support
costs
2022
Total
funds
2022
Rellef lor the ewerly
24,191
9.999
M190
Activrti88
undertaken
direcyy
2021
Tot81
fund$
2021
Relief forthe eldety
Pw10

IBC - In Porpetulty
IA Company Ilmit•d by guarant••)
Notos to th• flTran¢lal statements
For th• yur •nd•d 30 Juno 2022
Analy819 of exp•ndlturn by athits•s Ic¢)ntlDued)
An01￿&1 of dlr•ct costs
R•li•f for
th• end•rty
2022
Total
funds
2022
InsurarKe
Profess￿81 ftss
Trav81
M8rkeling
Roles
Light & He
Rep•rn
Printing po8t4• and thtthary
4.744
2.642
1,469
4744
2.642
1,489
190
1,964
3.827
9.292
73
1.954
3,827
9,292
73
Total 2022
24,191
24,191
R•lief for tho
8fKloty
2021
Total
lund$
2021
Insufance
3,644
Tol812021
Analysh of support c¢Mts
Roll•f for
th• •nd•rly
2022
Total
funds
2022
Total
funds
2021
Bank feeg
9,900
9.999
9.999
Ind•p•nd•nt examln•fs MmuneratFon
The independent examinerfs remuneration ￿ounts to an indewdgnl examlner fee of £1,(Y)O Q021
- £1.000), and Accounting semces & £3,95012021- £3.950).
Page 11

IBC . In P•rpetulty
(A company Ilmlt•d lry guarants•)
Not•s to the Ilnonclal ¥latements
Forth• yMr •nd8d 30 Jun• 2022
Tru8tets' r•muneradon and exp•rb
L￿ring IhÉ yew, no Trustees any [￿)uneratiOn or (thr ber)efft8 (2021- £NIL}.
During the yw ended 30 June 2022. expanse8 10ts1liry £173 wero reimbur88d or paid dlreclly lo 1
Trustee12021 - £NIL) Tho expenses vme for mileage claims.
Inveslm•Trt pvop•rty
Froohold
Invttstmgnt
proyty
Valu•tlon
Additions
623.959
At 30 June 2022
623.959
The investment prcp•rty w98 y8￿￿j by ts trusta•s on 30 June 2022 •1 an open market value for an
&Xi5ting uso bao
Dobtorn
2022
2021
Due wlthln ono y￿r
Oiher deblorn
PreposThntJ and a¢¢rued
45,000
12,670
57,670
10. Cr•dltorn: Amounts falllng duo %￿In on• y••r
2022
2021
Other cred*ors
ACen￿lS and d8lerred irKo
11,814
44.152
11,814
Page 12

IBC- In P•rytulty
(A company Ilmlted ty guarant••)
Notss to tho flnanGl•l stat•m•nts
For the yoar ond•d 30 June 2022
11. Stat•m•nt ol fvnd¥
ststemènt ol funds- currert ymr
Balanc• at
JO Jung
2022
Balanc0 al I
Juty 2021
Transfern
iThlout
Income Exp•ndlture
Unfo￿1¢￿ lund•
Genral fund
Invgslmgnl property fund-
capild ad(Itions
158,107
(34,1901 (160,633
136,7161
311,969
311,959
158,107
134,1901
161,326
275,243
Rostrlct•d fund*
Inv881m8nt pr¢pety fvnd-
Pureha6e donations
Investment Property fund-
Magdalen and La8h•r
388.326
(161A28
237,000
76.000
76,000
388,326
76.000
1151,3261
312.000
rotal of fund•
388,326
233.107
{34.1901
587.243
R•strlct•d funds
All restricted fvnds w8r8 fty the purpose ol the purcha8¢ and rwvjvatlon of the Isabelle Blackman C•nlT•.
At the year end trustees consthred that thty had fuiffded Ih*r thligations in r05P8Ct ol purchaslng the
centre wilh the fvnds donated. Of these funds £151,326 hag been Teleased to the general fund leavirvJ
£312.OCQ as a restricted fixed as8el fund, this represents the ini1181 purchase price ottributable to the
liabelle Blackman Cenlre, plus attriwlo redevekwenl costs Ththich 1$ to bts on 8n on-going bas[8
in ofd8r to allow the chanty to fulfil ts charrtable puw.
P•Je 13

IBC - In Porpetulty
(A Company 11m1t￿ lry guarante•)
Not•s to the flnancial sLitements
For thfr year ¢nded 30 June 2022
11. ststoment of fvnd¥ Icontlnu•d)
Statement of fund¥ - prfor y•v
Balance at
30 June
2021
Income
Unr•strkt•d funds
General Fund8- 811 fvnds
Balance at
30 June
2021
R•8trlct•d funds
Investment pmpety fvnd. Purthase donakns
388.328
388,328
Tol•l olfunds
388.326
388,326
12. Analysls ol n•t •u•ts b•tw••n fund•
Analy¥l¥ of n•t ts••ts b•lw••n fund•- curr•nt y￿r
R••trlct•d UnMAtrlet•d
fund•
funds
2022
2022
Total
funds
2022
Inveslrnenl property
Currgnl a8$9ts
Creditors due withln on¢ year
312.000
311.959
7.436
(44,1521
623.959
7,436
{44.152)
312.ty)0
275,243
587.243
Page 14

IBC - In Porpetulty
(A company Ilmlted by guarant99}
Notes to th• financlal slat•mMts
For t￿ y•ar end•d 30 Juno 2022
12. Analysis of n•t aM•ts bwtwwn funds Icontlnu•dl
Analys1¥ of not a884ts be1￿*t￿ funds- prfor ye•r
Restritod
bJnds
2021
Total
funds
2021
Current a88*8
Creditors du8 wthin one y
400.140
111,8141
400,140
(11,814)
Totsl
388.326
388.326
13. R•l•tod yrty tr•n•actlon•
S Hare one ol th• tharity'8 tru6tee818 alw th6 Chiel Executh* ofAUKES.
Durlng the year the charity entwed into an agrewnent wilh AUKES in réknI￿n lo rt• financl81 and
managerial 8UPPOrt. AB as Support the charity entered Into a ser￿ Le￿1 Agreem•nl wth AUKES
for them to project mawe t￿ renovaliM PTLi8d * the Isabel Bl&kman Centre.
Durlng the ￿¥r Gosls t¢Mard8 th& ronovatw incwrnd by AUKES lotaled £183,23812021.' £12,670). At
tha balance sh••t dale ￿OUnt dug to AUKES was £34,252 (2021.. £11.8141.
Page 15