| nts | ||||
|---|---|---|---|---|
| Page | ||||
| Legal and administrative | information | |||
| Trustees' annual report |
2 —4 | |||
| Statement ofTrustees' |
responsibilities | |||
| Report ofthe independent | Examiner | |||
| Statement offinancial | activities | |||
| Balance sheet | ||||
| Notes to the financial statements | 9 —16 | |||
| Appendix i —Almshouses |
income and expenditure | account | 17 |
| Carpets | E4,362 | |
|---|---|---|
| Childcare | E546 | |
| Counselling | E120 | |
| Debts | E780 | |
| Gym Membership | E480 | |
| Household | appliances | El,131 |
| Household | Items | E1,919 |
| Medical | E3,228 | |
| School Uniform | E400 | |
| Support to | Local Organisations | E2,000 |
| Support to | Ukrainians | E1,285 |
| Utility Bills | E150 |
| Unrestricted | Unrestricted | Endowment | 2023 | Unrestricted | Endowment | 2022 | ||
|---|---|---|---|---|---|---|---|---|
| funds | funds | Total | funds | funds | Total | |||
| Notes | f | f | f | f | f | |||
| Income from: | ||||||||
| Charitable activities |
||||||||
| WMC income | 2 | 65,861 | 65,861 | |||||
| Grant Income | ||||||||
| Investments | 1,962 | 1,962 | ||||||
| Total Income | 67,823 | 67,823 | ||||||
| Expenditure on: |
||||||||
| Charitable activities |
||||||||
| Charitable grants |
12,103 | 12,103 | ||||||
| Almshouse expenditure |
3 | 26,720 | 26,720 | |||||
| Other support costs | 4 | 15,808 | 15,808 | |||||
| (Profit) on disposal | of land | |||||||
| Total expenditure | 54,631 | 54,631 | ||||||
| Net gains/(losses) on investments |
3,455 | 3,455 | ||||||
| Net Income/(expenditure) | 16,647 | 16,647 | ||||||
| Transfers between | funds | |||||||
| Net movement in funds |
16,647 | 16,647 | ||||||
| Reconciliation offunds: | ||||||||
| Total funds brought | forward | |||||||
| Total funds transferred | from | |||||||
| predecessor charity |
—The Earl | |||||||
| ofSouthampton Trust (Charity |
||||||||
| 238549) | I,749,486 | 42,813 | 1,792,299 | |||||
| Total funds carried | forward | 1,766,133 | 42,813 | 1,808,946 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | f | f | |||||
| Fixed assets | |||||||
| Tangible assets. | |||||||
| Other fixed assets | |||||||
| Freehold land and property |
1,399,393 | ||||||
| 1,399,394 | |||||||
| Investments: | |||||||
| Shares and | securities | 139,522 | |||||
| Investment | property | 215,000 | |||||
| 354,522 | |||||||
| 1,753,916 | |||||||
| Current assets | |||||||
| Cash at bank and | In hand | 61,750 | |||||
| 61,750 | |||||||
| Creditors: | amounts | falling | |||||
| due within | one year | (6, 720) | |||||
| Net current | assets | 55,030 | |||||
| Total assets less | current | liabilities | 1,808,946 | ||||
| Net assets | 1,808,946 | ||||||
| Funds | |||||||
| Unrestricted | funds | 1,626,611 | |||||
| Designated | funds | 139,522 | |||||
| Endowment | funds | 42,813 | |||||
| Total funds | 1,808,946 |
| Unrestricted | 2023 | Unrestricted | 2022 | ||
|---|---|---|---|---|---|
| funds | Total | Funds | Total | ||
| E | E | ||||
| Weekly maintenance | contribution | ||||
| received from Almshouses | 62,277 | 62,277 | |||
| Car park income | 552 | 552 | |||
| Other rent received | —24a The Square | 3,032 | 3,032 | ||
| 65,861 | 65,861 |
| Unrestricted | Designated | 2023 | Unrestricted | Designated | 2022 | ||
|---|---|---|---|---|---|---|---|
| funds | funds | Total | funds | funds | Total | ||
| E | E | E | E | ||||
| Administration | salary | 3,734 | 3,734 | ||||
| Routine maintenance | 1,713 | 21,273 | 22,986 | ||||
| 5,447 | 21,273 | 26,720 |
| 2023 | 2022 | ||
|---|---|---|---|
| E | |||
| Governance | costs | ||
| Governance | salary | 3,799 | |
| Accountancy | 3,666 | ||
| Legalfees | 7,098 | ||
| Support costs | |||
| Stationery and postage |
93 | ||
| Computer consumables |
457 | ||
| Telephone | 50 | ||
| Depreciation | and loss on disposal ofassets | 71 | |
| Sundry expenditure | 574 | ||
| 15,808 |
| Staff costs | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||||
| Employment | costs | f | f | ||||||
| Wages and | salaries | 7,468 | |||||||
| Social security costs | |||||||||
| Pension contributions | 65 | ||||||||
| 7,533 | |||||||||
| The average | number ofemployees | during the year was 1. | |||||||
| No employee received emoluments |
of more than 660,000, | ||||||||
| Trustees' emoluments | |||||||||
| No trustees | received remuneration | during the period or were | reimbursed | for expenses | incurred | (2022: | None). | ||
| Tangible fixed assets | |||||||||
| Computer | Day Room | ||||||||
| and office | f&ttlngs and | ||||||||
| equipment | equipment | Total | |||||||
| f | f | f | |||||||
| Cost | |||||||||
| Transferred | from predecessor | charity | 70 | 72 | |||||
| Disposals | (Tol | (70) | |||||||
| At 31March | 2023 | ||||||||
| Depreciation | |||||||||
| Charge for the year | 8 | 9 | |||||||
| On dlsposals | (8) | (8) | |||||||
| At 31March | 2023 | ||||||||
| Net book values | |||||||||
| At 31March | 2023 | ||||||||
| At 31March | 2022 |
| Freehold land |
a | nd property | ||||||
|---|---|---|---|---|---|---|---|---|
| Weekly | Transferred | |||||||
| maintenance | Cost including | from | Cost including | Market | ||||
| contribution | improvements | predecessor | improvements | at | value at | |||
| received | at 1April 2022 | charity | 31March 2023 | 31March 2023 | ||||
| f | f | f | f | |||||
| Barry's Cottages | ||||||||
| 15High Street | 2,917 | 225,000 | ||||||
| 17High Street | 3,375 | 3,000 | 3,000 | 225,000 | ||||
| 19High Street | 3,500 | 225,000 | ||||||
| Godwlns Cottages | ||||||||
| 19aSouth Street | 2,819 | 136,016 | 136,016 | 245,000 | ||||
| 19b South Street | 3,231 | 245,000 | ||||||
| Parsons Cottages | ||||||||
| 16West Street | 2,917 | 240,000 | ||||||
| 18West Street | 3,304 | 278,040 | 278,040 | 240,000 | ||||
| 20West Street | 2,819 | 240,000 | ||||||
| 22 West Street | 2,819 | 240,000 | ||||||
| Godfrey's Cottage |
||||||||
| 14Frog Lane | 3 231 | 166,989 | 166,989 | 240,000 | ||||
| Orchard Cottages | ||||||||
| 26 Frog Lane | 2,917 | 245,000 | ||||||
| 28 Frog Lane | 3,501 | 245,000 | ||||||
| 30Frog Lane | 2,917 | 327,860 | 327,860 | 245,000 | ||||
| 32 Frog Lane | 2,681 | 245,000 | ||||||
| 34 Frog Lane | 2,698 | 245,000 | ||||||
| Ellis Cottages | ||||||||
| 11Galnsborough | Mews | 3,060 | 117,500 | 117,500 | 250,000 | |||
| 11aGainsborough | Mews | 3,500 | 250,000 | |||||
| Land at Skinhouse | Piece | 300 | 600 | |||||
| Land at rear of75 | West Street | 1.000 | ||||||
| Barry's Meadow | Car Park | 2,337 | 2,337 | 2,500 | ||||
| Plots 10&15 | ||||||||
| 24 The Square | 1.6,622 | 16,622 | 250,000 | |||||
| 24a The Square (Fiat 2 above) | 215,000 | |||||||
| 6 Lower Bellfieid | 5,236 | 164,165 | 164,165 | 270,000 | ||||
| 8 Lower Bellfield | 4,835 | 186,564 | 186,564 | 270,000 | ||||
| 62,277 | 1,399,393 | 1,399,393 | 5,099,100 |
| shat es and | sec | urities | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Book cost | Mid-market | Gains/ | Bookcost | Mid-market | ||||||
| at 1April | value et | 1 | Additions/ | (Losses) on | at 31March | value at 31 | ||||
| 2022 | April 2022 | (Dlsposals) | investments | 2023 | March 2023 | |||||
| f | f | f | f | f | ||||||
| Main investment | ||||||||||
| COIF Charities | Deposit fund | 8,799 | 8,799 | 8,799 | ||||||
| Recoupment | fund | |||||||||
| Brewin Dolphin | Recoupment | fund | 111,823 | 3,455 | 115,278 | 115,278 | ||||
| Cyclical maintenance | fund | |||||||||
| COIF Charities | Deposit fund | 15,445 | 15,445 | 15,445 | ||||||
| 136,067 | 3,455 | 139,522 | 139,522 | |||||||
| Investment | property | |||||||||
| Freehold | Investment | |||||||||
| Property | ||||||||||
| f | ||||||||||
| Valuation | ||||||||||
| Transferred | from predecessor | charity | 215,000 | |||||||
| At 31March | 2023 | 215,000 |
| within o | ne year | ||
|---|---|---|---|
| 2023 | 2022 | ||
| f | f | ||
| Almshouse | deposits | 3,976 | |
| Accruals | 2,694 | ||
| Other creditors | 50 | ||
| 6,720 |
| Unrestricted | funds | |||||||
|---|---|---|---|---|---|---|---|---|
| Gains/ | ||||||||
| 1April 2022 | Income | Expenditure | (losses) | Transfers | 31March 2023 | |||
| f | 6 | f | f. | f | E | |||
| General fund | 1,679,386 | (33,295) | (19,480) | 1,626,611 | ||||
| Designated funds: |
||||||||
| Cyclical maintenance | fund | 24,244 | (4,969) | 4,969 | 24,244 | |||
| Extraordinary | repair | fund | (12,454) | 12,454 | ||||
| Routine maintenance | fund | (3,850) | 3,850 | |||||
| Recoupment | fund | 113,616 | 3,455 | (1,793) | 115,278 | |||
| 1,817,246 | (54,568) | 3,455 | 1,766,133 | |||||
| Gains/ | ||||||||
| 1April 2021 | income | Expenditure | (losses) | Transfers | 31March 2022 | |||
| f | f | f | f | f | E | |||
| General fund | ||||||||
| Designated funds: |
||||||||
| Cyclical maintenance | fund | |||||||
| Extraordinary | repair | fund | ||||||
| Routine maintenance | fund | |||||||
| Recoupment | fund |
| Gains/ | |||||||
|---|---|---|---|---|---|---|---|
| 1April 2022 | Income | Expenditure | (losses) | Transfers | 31March 2023 | ||
| Endowment | fund | 42,813 | 42,813 | ||||
| 42,813 | 42,813 | ||||||
| Gains/ | |||||||
| 1April 2021 | Income | Expenditure | ilosses) | Transfers | 31March 2022 | ||
| Endowment | fund |