||N C Bolt||||
|---|---|---|---|---|
||)A RDlis||||
||JAGoldsmith||||
||RA Hammonds||||
||6 LKemp||||
||WThhorris|(resigned 10.12.22)|||
||C RPotter||||
||Dr LASeal||||
||J RSheldon||||
||P H Williams||||
||8TAndrews||(resigned 10.12.22)||
||RJ Binnersiey||(appointed 10.12.22)||
|REGISTERED OFFICE|2Wyevale|Business Park|||
||Kings Acre||||
||Hereford||||
||Herefordshire||||
||HR4 7BS||||
|REGISTERED COhhPANY NUhSER|CE024725||||
|REGSTERED CHARITY NUhSER|1193285||||
|INDEPENDENT AUDITORS|Thorne Widgery Accountancy|||Ltd|
||Chartered|Accountants|||
||Statutory Auditors||||
||2Wyevale|Business Park|||
||Kings Acre||||
||Hereford||||
||Herefordshire||||
||HR4 78S||||
||Eversheds||||
||115Colmore||Row||
||Birmingham||||
||83 3AL||||
||Barclays Bank UK PLC||||
||Leicester||||
||LE87288||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||||Period|
|---|---|---|---|---|---|---|---|---|
|||||||||27.1.21|
||||||||Year Ended|to|
||||||||5.4.23|5.4.22|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|fund|funds|funds|
|||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations
and legacies||||2|3,365,685|116,424|3,482,109||
|Investment
income||||3|216,043|7,784|223,827||
|Total|||||3,581,728|124,208|3,705,936||
|EXPENDITURE ON|||||||||
|Raising funds|||||5,131||5,131||
|Charitable
activities|||||||||
|Grant|||||150,000|6,000|156,000||
|Other|||||23,149||23,149||
|Total|||||178,280|6,000|184,280||
|Net gains/(losses)|on investments||||(99,703)|(14,754)|(114,457)||
|NET INCOME|||||3,303,745|103,454|3,407,199||
|RECONCILIATION|OF FUNDS||||||||
|Total funds brought||forward|||||||
|TOTAL FUNDS CARRIED FORWARD|||||3,303,745|103,454|3,407,199||
|Balance Sheet
5~A3 2023||||||
|---|---|---|---|---|---|
|||||5.4.23|5.4.22|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funcls|
||Notes|E|E|E|E|
|FIXEDASSETS||||||
|Investments||||||
|Investments|9|916,595|103,454|1,020,049||
|Investment
property|10|2,345,500||2,345,500||
|||3,262,095|103,454|3,365,549||
|CURRENT ASSETS||||||
|Cash at bank||44,150|||22,172|
|CREDITORS||||||
|Amounts
falling due within one year||{2,500)||(2,500)|(22,1?2)|
|||4'1,650||41,650||
|TOTAL ASSETS LESSCURRENT UABILITIES||3,303,745|103,454|3,407,199||
|||3,303,745|103,454|3,407,199||
|FUNDS|12|||||
|Unrestricted
funds
Restricted funds||||3,303,745
103,454||
|TOTAL FUNDS||||3,407,199||
##
|||||||Period|
|---|---|---|---|---|---|---|
|||||||27.1.21|
||||||Year Ended|to|
||||||5.4.23|5.4.22|
|||||Notes|E|E|
|Cash flows from operating|activities||||||
|Cash generated
from operations|||||3,533,768|22,172|
|Net cash provided
by operating||activities|||3,533,768|22,172|
|Cash flows from investing|activities||||||
|Purchase offixed asset investments|||||(1,079,749 )||
|Purchase ofinvestment
property|||||(3,020,500)||
|Sale of fixed asset investments|||||(39,214)||
|Sale ofinvestment
property|||||610,000||
|Dividends
received|||||17,673||
|Net cash (used in)/provided|by|investing||activities|(3,511,790)||
|Change in cash and cash equivalents|||in|the|||
|reporting
period|||||21,978|22,172|
|Cash and cash equivalents|at the||||||
|beginning
ofthe reporting|period||||22,172||
|Cash and cash equivalents|at the end||of||||
|the reporting
period|||||44,150|22,172|
##
##
||||||||Period|
|---|---|---|---|---|---|---|---|
||||||||27.1.21|
|||||||Year Ended|to|
|||||||5.4.23|5.4.22|
|||||||E|E|
||Net income for the|||reporting|period (as per the Statement of Financial|||
||Activities)|||||3,407,199||
||Adjustments||for:|||||
||Losses on|investments||||163,914||
||Dividends|received||||(17,673)||
||(Decrease) /increase|||in creditors||(19,672)|22,172|
||Net cash provided|||by operations||3,533,768|22,172|
|2.|ANALYSIS|OF CHANGES IN NET FUNDS||||||
||||||At 6.4.22|Cash flow|At 5.4.23|
||||||E|E|E|
||Net cash|||||||
||Cash at bank||||22,172|21,978|44,150|
||||||22,172|21,978|44,150|
||Total||||22,172|21,978|44,150|
##
##
##
##
##
##
|DONATION|S|AND LE|GACIE|S|||
|---|---|---|---|---|---|---|
|||||||Period|
|||||||27.1.21|
||||||Year Ended|to|
||||||5.4.23|5.4.22|
||||||E|E|
|Donations|||||3,482,109||
|INVESTMENT||INCOME|||||
|||||||Period|
|||||||27.1.21|
||||||Year Ended|to|
||||||5.4.23|5.4.22|
||||||E|E|
|Rents received|||||205,924||
|Insurance|income||||230||
|Portfolio investment|||income||17,673||
||||||223,827||
|RAISING FUNDS|||||||
|Investment||management||costs|||
|||||||Period|
|||||||27.1.21|
||||||Year Ended|to|
||||||5.4.23|5.4.22|
||||||E|E|
|Portfolio management|||||4,243||
|Property repairs|||||584||
|Rental management|||charges||714||
|Insurance|Costs - 5StJohn|||Street|(62)||
|Bank Charges|||||(348)||
||||||5.131||
|3.|Donations
INVESTMENT
INCOME|
|---|---|
##
##
##
##
|||||||||Period|
|---|---|---|---|---|---|---|---|---|
|||||||||27.1.21|
||||||||Year Ended|to|
||||||||5.4.23|5.4.22|
||||||||E|E|
|Grant|||||||156,000||
|The total||grants paid to institutions|||during the year was as follows:||||
|||||||||Period|
|||||||||27.1.21|
||||||||Year Ended|to|
||||||||5.4.23|5.4.22|
||||||||E|E|
|Hereford||Cathedral|School - Musicians'|||Grant|10,000||
|Hereford||Cathedral|School - Additional|||Bursary|33,000||
|Hereford||Cathedral|School - Choristers|||Grant|10,000||
|Hereford||Cathedral|School - Bursary||Fund||97,000||
|Number|One Fund||- Choristers|Bursary|||6,000||
||||||||156,000||
##
##
##
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||fund|fund|funds|
||E|E|E|
|NET INCOME||||
|TOTAL FUNDS CARRIED FORWARD||||
|FIXEDASSET INVESTMENTS||||
||||Listed|
||||investments|
||||E|
|MARKET VALUE||||
|Additions|||1,079)749|
|Disposals|||(10,243)|
|Revaluations|||(49,457)|
|At 5April 2023|||1,020,049|
|NET BOOK VALUE||||
|At 5April 2023|||1,020,049|
|At 5 April 2022||||
##
##
##
|||Listed|
|---|---|---|
|||investments|
|||E|
|Valuation|in 2023|(49,457)|
|Cost||1,069,506|
|||1,020,049|
|INVESTMENT PROPERTY|||
|FAIR VALUE|||
|Additions||3,020,500|
|Disposals||(675,000)|
|At 5April2023||2,345,500|
|NET BOOK VALUE|||
|At 5 April|2023|2,345,500|
|At 5April2022|||
|11.|CREDIT|ORS:|AMOUNTS FALLING DUE WITHIN ON|E YEAR|||
|---|---|---|---|---|---|---|
||||||5.4.23|5.4.22|
|||||||E|
||Trade creditors|||||22,172|
||Accruals|and|deferred income||2,500||
||||||2,500|22,172|
|12.|MOVEMENT||IN FUNDS||||
||||||Net||
||||||movement|At|
|||||At 6.4.22|in funds|5.4.23|
||||||f||
||Unrestricted||funds||||
||General|fund|||3,303,745|3,303,745|
||Restricted funds||||||
||Number|One|Fund||103,454|103,454|
||TOTAL|FUNDS|||3,407,199|3,407,199|
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted||funds|||||
|General|fund||3,581,728|(178,280)|(99,703)|3,303,745|
|Restricted funds|||||||
|Number|One|Fund|124,208|(6,000)|(14,754)|103,454|
|TOTAL|FUNDS||3,705,936|(184,280)|(114,457)|3,407,199|
##