##
##
##
##
|Trustees||David Wilson (Chairman|David Wilson (Chairman|—from 28 October 2022)|—from 28 October 2022)|
|---|---|---|---|---|---|
|||Graham
Monro Bates (died September 2022)||||
|||James Dove (appointed||27 January 2023)||
|||Harry Fowler||||
|||Simon Lousada (appointed 27January 2023)||||
|||Christine
McHugh
(resigned 17April 2023)||||
|||John Mingay (appointed||4 July 2023)||
|||Raj Regmi (appointed|28 January 2022)|||
|||Wendy Rider (resigned|4 July||2023)|
|||Terence Roger Rigby (resigned 24 April 2023)||||
|||Robert Rigby (appointed||4 July 2023)||
|||Andrea Spice (appointed||4 July 2023)||
|||Jane Walker (appointed||4 July 2023)||
|||John Wheeler||||
|Clerk||Kynaston
Limited||||
|Charity number||200176||||
|Principal Address||5Connaught
Way||||
|||Bedford
MK41 7LB||||
|Auditors||HW East Midlands
Audit||LLP||
|||Woburn
Court, 2 Railton||Road||
|||Woburn
Road Ind Est||||
|||Kempston||||
|||Bedford
MK42 7PN||||
|Bankers||HSBC Bank Pic||||
|||12Allhallows||||
|||Bedford
MK40 1LJ||||
|Solicitors||Palmers||||
|||Hassett Chambers||||
|||Hassett Street||||
|||Bedford
MK40 1WG||||
|Investment|Advisers|HSBC Global Asset Management||||
|||78StJames's Street||||
|||London
SW1A1HL||||
|||Harpur Wealth Management|||Ltd|
|||19Goldington
Road||||
|||Bedford
MK40 3JY||||
|||Brewin Dolphin
Ltd||||
|||12Smithfield
Street||||
|||London
EC1A9BD||||
|Surveyors||Kirkby Diamond
1"Floor West, Clifton|House|||
|||4A Goldington
Road||||
|||Bedford
MK40 3NF||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||As restated|
|---|---|---|---|---|---|---|---|
|||||2022|2022|2022|2021|
|||||UnrestrictedEndowment||Total|Total|
|||||Funds|Funds|Funds|Funds|
||||Notes||6|K|E|
|Income and endowments||from:||||||
|Donations
and legacies||||||||
|Investments||||327,798||327,798|306,251|
|Total income||||327,798||327,798|306,251|
|Expenditure
on:||||||||
|Costs of raising funds:||||||||
|Investment
management||costs||23,411||23,411|9,379|
|Expenditure
on charitable||activities:||||||
|Grant making||||233,873||233,873|203,204|
|Property management||||23,054||23,054|48,565|
|Total expenditure||||280,338||280,338|261,148|
|Net gains/(losses)|on investments|||(164,081)|(8,709)|(172,790)|94,341|
|(Losses) on revaluation
of||||||||
|investment
property|||12||||(240,000)|
|Net income||||(116,621)|(8,709)|(125,330)|(100,556)|
|Transfers between|funds||16|||||
|Net movement
In|funds for the year|||(116,621)|(8,709)|(125,330)|(100,556)|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||1,769,130|4,406,080|6,175,210|6,275,766|
|Total funds carried forward|||15,16,17|1,652,509|4,397,371|6,049,880|6,175,210|
##
##
|||||As restated|
|---|---|---|---|---|
|||Notes|2022|2021|
|||||E|
|Fixed assets:|||||
|Fixed asset investments||11|1,422,597|1,312,259|
|Investment
property||12|4,243,000|4,243,000|
|Total fixed assets|||5,665,597|5,555,259|
|Current assets:|||||
|Debtors||13|224,617|240,338|
|Cash at bank and in hand|||261,423|464,645|
|Total current assets|||486,040|704,983|
|Liabilities:|||||
|Creditors: amounts|falling due|14|(101,757)|(85,032)|
|within one year|||||
|Net current assets|||384,283|619,951|
|Total assets less current liabilities|||6,049,880|6,175,210|
|Net assets|||6,049,880|6,175,210|
|The funds ofthe charity:
Unrestricted
funds||15|1,652,509|1,769,130|
|Endowment
funds||16|4,397,371|4,406,080|
|Total charity funds||17|6,049,880|6,175,210|
##
##
|||Notes|2022
6|2021f|
|---|---|---|---|---|
|Cash flows from operating|activities:||||
|Net cash used
in operating|activities|19|(232,056)|(212,780)|
|Cash flows from investing|activities:||||
|Interest and dividend
income|||40,674|29,609|
|Rental income|||278,841|269,144|
|Other investment
income|||8,283|7,498|
|Payments
to acquire listed investments||||(65,661)|
|Transfers
(to)/from
listed investment||porffolio|(298,964)|(76,208)|
|Net cash used in investing|activities||28,834|164,382|
|Change
in cash and cash|equivalents||||
|in the year|||(203,222)|(48,398)|
|Cash and cash equivalents|at the||||
|beginning
ofthe year|||464,645|513,043|
|Cash and cash equivalents|at the||||
|end ofthe year|||261,423|464,645|
##
##
##
##
##
##
##
##
##
##
##
##
##
|Voluntary
i|ncome||||
|---|---|---|---|---|
||||2022|2021|
||||6||
|Donations
and legacies|||||
|Investment|income||||
||||2022|2021|
||||6|6|
|Insurance
receivable|||6,683|6,354|
|Rents receivable|||278,841|269,144|
|Income from|investments||40,674|29,609|
|Other income|||1,600|1,144|
||||327,798|306,251|
|Investment|management|costs|||
||||2022
f|2021
6|
|Porffolio management
Fire and other insurances|||15,836
7,575|2,320
7,059|
||||23,411|9,379|
|Charitable|activities costs||||
|2022|||Support||
|2022|||Support||
|---|---|---|---|---|
|||Grant|and gov-||
|||funded|ernance|2022|
|||activity|costs
6|Total
6|
|Property
porffolio management
Grant making||216,875|23,054
16,998|23,054
233,873|
|||216,875|40,052|256,927|
|2021|||Support||
|||Grant|and gov-||
|||funded|ernance|2021|
|||activity|costs
6|Total
6|
|Property
porffolio management
Grant making||186,206|48,565
16,998|48,565
203,204|
|||186,206|65,563|251,769|
##
|6|Analysis ofgrants|||||||||
|---|---|---|---|---|---|---|---|---|---|
||2022||||Grants|Grants||||
||||||to|to||Support|2022|
||||||institutions|individuals||costs|Total|
||||||6||6|6|6|
||Personal
retirement|grants||||151,875||8,499|160,374|
||Local charity grants||||65,000|||8,499|73,499|
||||||65,000|151,875||16,998|233,873|
||2021||||Grants|Grants||||
||||||to|to||Support|2021|
||||||institutions
6|Individuals|f|costs|Total
6|
||Personal
retirement|grants||||153,075||8,499|161,574|
||Local charity grants||||33,131|||8,499|41,630|
||||||33,131|153,075||16,998|203,204|
||Recipients ofinstitutional||grants:|||||||
|||||||||2022|2021|
|||||||||6|6|
||Harpur Trust|||||||20,000||
||Friends for Life Bedfordshire|||||||2,000||
||Progressability||||||||5,000|
||Bedford Hospitals
Charity||||||||3,000|
||Oakley Pre-School|||||||5,000||
||Country
Days Ltd|||||||3,500|4,000|
||Chums|||||||2,500||
||Carers
in Bedfordshire|||||||3,000||
||Kings Arms Project|||||||5,000|5,000|
||Making Me Charity|||||||2,000|3,000|
||St John's Hospice|||||||5,000||
||Families
United
Network||||||||2,631|
||Transition
UK|||||||3,500|3,000|
||Autism
in Bedfordshire|||||||3,000|3,000|
||SMART Prebend Street|||||||3,000||
||Hear and Now (Philharmonia)|||||||3,000|3,000|
||Bedford and District|Audio News||||||1,500|1,500|
||Elisabeth
Curtis Riding Centre||for|the Disabled||||3,000||
||Total|||||||65,000|33,131|
##
##
##
||||||2022|2021f|
|---|---|---|---|---|---|---|
|Auditors|remuneration|for|audit work||3,690|3,690|
|Auditors|remuneration|for|non-audit|work||1,590|
|Accountancy
fees|||||1,080||
|Clerk's|remuneration||||4,533|4,533|
|Clerk's|expenses||||355|358|
||||||9,658|10,171|
|support costs i|
s shown|
below.|||||
|---|---|---|---|---|---|---|
|2022|||||||
||||Support|Governance|2022|Basis of|
|Cost type|||costs|costs
8|Total|apportionment|
|Property costs|||6,939||6,939|Invoiced cost|
|Surveyors fees|||2,400||2,400|Invoiced cost|
|Bank charges|||927||927|Invoiced cost|
|Miscellaneous|expenses||577||577|Invoiced cost|
|Clerk's remuneration|||18,132|4,533|22,665|Time spent|
|Clerk's expenses|||1,419|355|1,774|Time spent|
|Auditors
remuneration||for audit services||3,690|3,690|Governance|
|Accountancy fees||||1,080|1,080||
||||30,394|9,658|40,052||
##
##
##
##
|2021|||||||
|---|---|---|---|---|---|---|
||||Support|Governance|2021|Basis of|
|Cost type|||costs
6|costs
6|Total
6|apportionment|
|Property costs|||1,417||1,417|Invoiced cost|
|Surveyors fees|||5,544||5,544|Invoiced cost|
|Bad debt expense|||23,086||23,086|Related debtor|
|Legal fees|||4,814||4,814|Invoiced cost|
|Bank charges|||863||863|Invoiced cost|
|Miscellaneous|expenses||100||100|Invoiced cost|
|Clerk's remuneration|||18,132|4,533|22,665|Time spent|
|Clerk's expenses|||1,436|358|1,794|Time spent|
|Auditors
remuneration||for audit services||3,690|3,690|Governance|
|Auditors
remuneration||for non-audit||1,590|1,590|Governance|
|services|||||||
||||55,392|10,171|65,563||
##
##
##
##
##
##
##
|Fixed asset investmen|ts||
|---|---|---|
|||Listed|
|||Investments|
|||g|
|Market value|||
|At 1 January 2022
Transferred
from cash accounts||1,312,259
298,964|
|Investment
management
Revaluations|fees|(15,836)
(172,790)|
|At 31 December 2022||1,422,597|
|Carrying
value
At 31 December 2022||1,422,597|
|At 31 December 2021||1,312,259|
##
|Investment
property||
|---|---|
||As restated|
||r.|
|Market value||
|At 1 January 2022|4,243,000|
|Revaluation||
|At 31 December 2022|4,243,000|
|Net book value||
|At 31 December 2022|4,243,000|
|At 31 December 2021|4,243,000|
##
##
|13|Debtors|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||6||
||Amounts|falling due|within one year:|||
||Trade debtors|||26,757|40,526|
||Other debtors|||7,960|7,639|
|||||34,717|48,165|
|||||2022|2021|
||Amounts|falling due|after more than one year:|||
||Other debtors|||189,900|192,173|
|||||189,900|192,173|
|||||2022|2021|
||||||E|
||Aggregate|amounts:||||
||Other debtors|||224,617|240,338|
|14|Creditors:|amounts|falling due within one year|||
|||||2022|2021|
|||||6|6|
||Trade creditors|||25,406||
||Other creditors|||76,351|85,032|
|||||101,757|85,032|
|Included|in other creditors|is deferred|is deferred|income adising from rents received that relate to a future|income adising from rents received that relate to a future|income adising from rents received that relate to a future|
|---|---|---|---|---|---|---|
|financial|period. The movement||on deferred||income in the year is analysed as follows:||
||||||2022|2021|
|Balance|brought
forward||||73,099|71,172|
|Amounts|released to income||||(73,099)|(71,172)|
|Amounts|deferred
in year||||64,952|73,099|
|Balance|carried forward||||64,952|73,099|
##
##
||||As restated|Movement|in year|||
|---|---|---|---|---|---|---|---|
||||Balance at|Incoming|Resources||Balance at|
||||1Jan 2022|resources|expended|Transfers|31Dec2022|
||||6|6|6|6||
|General|fund||1,569,130|327,798|(444,419)||1,452,509|
|Designated
Gratuities||funds:
fund|120,000||||120,000|
|Grants fund|||30,000||||30,000|
|Property|fund||50,000||||50,000|
||||1,769,130|327,798|(444,419)||1,652,509|
##
##
##
|||Fixed|Cash &|Other|||
|---|---|---|---|---|---|---|
|||Assets|Investments|Assets|Creditors|Total|
|||6|6||E||
|General fund|||1,329,649|224,617|(101,757)|1,452,509|
|Designated|funds||200,000|||200,000|
|Endowment|fund|4,243,000|154,371|||4,397,371|
|||4,243,000|1,684,020|224,617|(101,757)|6,049,880|
##
##
##
|Reconciliation
of net expendi|ture
to net cash flow from|operating
activities||
|---|---|---|---|
||||As restated|
|||2022|2021f|
|Net (deficit) for the year||(125,330)|(100,556)|
|Rents received from investment|properties|(278,841)|(269,144)|
|Investment
income from listed investments||(40,674)|(29,609)|
|Other investment
income||(8,283)|(7,498)|
|(Gains)/losses
on investments||172,790|(94,341)|
|Losses on investment
property|||240,000|
|Decrease/(increase)
in debtors||15,721|40,700|
|Increase/(decrease)
in creditors||16,725|5,348|
|Investment
management
fees paid from porffolio||15,836|2,320|
|Net cash flow from operating
activities||(232,056)|(212,780)|
##