2023-12-31-accounts - The Hospital Of St John The Baptist

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Charity	information
Trustees		David Wilson (Chairman) James Dove
		Harry Fowler
		Simon Lousada
		John Mingay
		Ra)ash Regmi
		Robert Rigby (resigned 29 November 2023)
		Andrea Spice
		Jane Walker
		John Wheeler
Clerk		Kynaston Enterprises	Limited
Charity	number	200176
Principal	address	5 Connaught Way
		Bedford MK41 7LB
Auditors		HW Bedford Limited
		Woburn Court, 2 Railton
		Road Woburn Road	ind Est
		Kempston
		Bedford MK42 7PN
Bankers		HSBC Bank PLC
		12Allhallows
		Bedford MK401LJ
Solicitors		Palmers
		Hassett Chambers
		Hassett Street
		Bedford MK40 1WG
Investment		Harpur Wealth Management		Ltd
advisers		19Goldington Road
		Bedford MK40 3JY
Investment		HSBC Global Asset Management
managers		8 Canada Square
		London E145AH
		Brewin Dolphin Ltd
		12Smithfield Street
		London EC1A 9BD
		Kirkby Diamond
Surveyors		1st Floor West, Clifton
		House 4A Goldington
		Road Bedford MK40	3NF

					2023	2023	2023	2022
					Unrestricted	Endowment	Total	Total
					Funds	Funds	Funds	Funds
		Notes					f	5
Income			and	endowments	from:
Donations and
legacies
Investments		2			305,572		305,572	327,798
Total income					305,572		305,572	327,798
Expenditure
on:
Costs of raising	funds:
Investment		3			20,790		20,790	23,411
management
costs
Expenditure				on charitable	activities:
Grant making		6			229,123		229,123	233,873
property		4			41,310		41,310	23,053
management
Total expenditure					291,223		291,223	280,338
Net		10			80,735	5,026	85,761	(172,790)
gains/(losses)
on investments
Gains on
revaluation of						115,000	115,000
investment
property
Net income					95,084	120,026	215,110	(125,330)
Transfers		16
between funds
Net movement	in	funds		for	95,084	120,026	215,110	(125,330)
the year
Reconciliation	of	funds:
Total funds brought		forward			1,652,509	4,397,371	6,049,880	6,175,210
Total funds			14,16,16		1,747,593	4,517,397	6,264,990	6,049,880
carried forward

		Notes	2023	2022
			F
Fixed assets:
Fixed asset investments		10	1,632,956	1,422,597
Investment property		11	4,358,000	4,243,000
Total fixed assets			6,990,956	6,666,697
Current assets:
Debtors		12	226,243	224,617
Cash at bank and	in hand		112,990	261,423
Total current assets			339,233	486,040
Liabilities:
Creditors: amounts	falling due	13	(65,199)	(101,757)
within one year
Net current assets			274,034	384,283
Total assets less	current liabilities		6,264,990	6,049,880
Net assets			6,264,990	6,049,880
The funds ofthe charity:
Unrestricted funds		14	1,747,593	1,652,509
Endowment funds		15	4,517,397	4,397,371
Total charity funds		16	6,264,990	6,049,880

			Notes	2023	2022
				5	6
Cash flows from operating activities:
Net cash used in operating	activities		19	(198,820)	(232,056)
Cash flows from Investing	activities:
Interest and dividend income				28,121	40,674
Rental income				245,201	278,841
Other investment income				7,538	8,283
Revaluation gains on investment		properties		(115,000)
Payments to acquire listed	investments			(120,000)
Transfers (to)/from listed investment			portfolio	4,527	(298,964)
Net cash used in investing	activities			50,387	28,834
Change In cash and cash
equivalents in the year				(148,433)	(203,222)
Cash and cash equivalents	at the
beginning ofthe year				261,423	464,645
Cash and cash equivalents	atthe
end ofthe year				112,990	261,423

2	Investment	Investment		income
							2023	2022
							5
	Insurance		receivable				7,538	6,683
	Rents receivable						245,201	278,841
	Income	from		investments			28,121	40,674
	Other income							1,600
	Profit on	sale		of investments			24,712
							305,572	327,798
3	Investment		management		costs
							2023	2022
							6	f
	Portfolio	management					12,587	15,836
	Fire and	other insurances					8,203	7,575
							20,790	23,411
4	Charitable		activities costs
	2023						Support
						Grant	and gov-
						funded	ernance	2023
						activityf	costs E'	Total
	Property	portfolio management					41,310	41,310
	Grant making			(see note 6)		212,125	16,998	229,123
						212,125	58,308	270,433
	2022
							Support
						Grant	and gov-
						funded	ernance	2022
						activity	costs	Total
								f
	Property	portfolio management					23,054	23,054
	Grant making			(see note 6)		216,875	16,998	233,873
						216,875	40,052	256,927

Analysis	ofgrants
2023
				Grants to	Grants to	Support	2023
				institutions	individualsf	costs	Total
Personal	retirement	grants			148,575	8,499	157,074
Local charity grants				83,550		8,499	72,049
				63,550	148,575	16,998	229,123
2022				Grants	Grants
				to	to	Support	2022
				institutions F	individuals	costsf	Total F
Personal	retirement	grants			151,875	8,499	160,374
Local charity grants				85,000	-	8,499	73,499
				65,000	151,875	16,998	233,873
Recipients ofinstitutional			grants:
					2023		2022
					5
Harpur	Trust (Bedford Giving)				20,000		20,000
Friends	for Life Bedfordshire				3,000		2,000
Progressability					2,000
MS Therapy
Oakley	Pre-School				5,000		5,000
Country	Days Ltd				3,500		3,500
Chums					8,250		2,500
Carers	in Bedfordshire						3,000
Kings Arms Project							5,000
Making	Me Charity						2,000
Autism	in Bedfordshire				3,000		3,000
SMART	Prebend Street						3,000
Hear and Now (Philharmonia)							3,000
Bedford	and District	Audio News					1,500
St John's Hospice					10,000		5,000
Transition UK							3,500
Cauldwell School					2,000
BookTastic					2,000
Food					1,800
Faces					1,000
Open House					2,000
Elisabeth Curtis Riding Centre for the Disabled							3,000
					63,660		66,000

					2023	2022
						6
Auditors	remuneration	for	audit work		6,000	3,690
Auditors	remuneration	for	non-audit	work
Accountancy fees Clerk's remuneration					90 4,533	1,080 4,533
Clerk's	expenses				377	355
					11,000	9,658

2023
Cost type		Support costs	Governance costs	2023 Total	Basisof apportionment
		8	F
Property costs		8,068		8,068	Invoiced cost
Surveyors fees		11,457		11,457	Invoiced cost
Bank charges		974		974	Invoiced cost
Clerk's remuneration		18,132	4,533	22,665	Time spent
Clerk's expenses		1,507	377	1,884	Time spent
Auditors remuneration	for audit				Governance
services			6,000	6,000
Accountancy fees
			90	90	Governance
		40,142	11,000	51,138

2022
Cost type				Support costs	Governance costs	2022 Total	Basis of apportionment
					E	E
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		3,690	3,690	Governance
services
Accountancy		fees					Governance
					1,080	1,080
				30,394	9,658	40,052

Fixed asset Investments
	Listed
	Investments
	6
Market value
At 1 January 2023	1,422,597
Additions	613,427
Disposals	(488,829)
Revaluations	85,761
At 31 December 2023	1,632,956
Carrying value
At 31 December	1,632,956
2023
At 31 December	1,422,597
2022

Investment property
	As restated
Market value
At 1 January 2023	4,243,000
Revaluation	115,000
At 31 December 2023	4,358,000
Net book value
At 31 December 2023	4,358,000
At 31 December 2022	4,243,000

12	Debtors
				2023f	2022f
	Amounts	falling due	within one year:
	Trade debtors			30,345	26,757
	Other debtors			8,270	7,960
				38,615	34,717
				2023f	2022f
	Amounts	falling due	after more than one year:
	Other debtors			187,628	189,900
				187,628	189,900
				2023f	2022f
	Aggregate	amounts:
	Other debtors			226,243	224,617
13	Creditors:	amounts	falling due within one year
				2023f	2022
	Trade creditors				25,406
	Other creditors			65,199	76,351
				65,199	101,757

		2023f	2022f
Balance	brought forward	64,952	73,099
Amounts	released to income	(64,952)	(73,099)
Amounts	deferred in year	52,204	64,952
Balance	carried forward	52,204	64,952

Net asse	ts	held by	funds
			Fixed	Cash &	Other
			Assets	Investments	Assets	Creditors	Total
					6	F
General	fund			1,386,549	226,243	(65,199)	1,547,593
Designated		funds		200,000			200,000
Endowment		fund	4,358,000	159,397			4,517,397
			4,358,000	1,745,946	226,243	(65,199)	6,264,990

			2023 6	2022f
Not later than one year			137,255	149,081
Later than	one year	and not later than five years	411,765	633,199
Later than	five years		6,519,815	6,026,004
Total future	minimum	lease payments	7,068,835	6,808,284

		2023f	2022
Net surplus/(deficit) for the year		215,110	(125,330)
Rents received from investment	properties	(245,201)	(278,841)
Investment income from listed investments		(28,121)	(40,674)
Other investment income		(7,538)	(8,283)
(Gains)/losses on investments		(82,761)	172,790
Profit on sale of investments		24,712
Losses on investment property
Decrease/(increase) in debtors		(1,625)	15,721
increase/(decrease) in creditors		(36,558)
Investment management fees paid from portfolio		(41,224)	16,725
Net cash flow from operating activities		4,386	15,836
		(198,820)	232,056

e year ended 31	D	ece	mber	2023
					2023	2022
INCOME AND ENDOWMENTS			FROM:
Donations and legacies
Investment income:
Insurance receivable					7,538	6,683
Rents receivable					245,201	278,841
Income from investments					28,121	40,674
Profit on sale of investments					24,712
Other income						1,600
Total Income					305,572	327,798
EXPENDITURE ON:
Raising funds:
Investment management	costs:
Portfolio management					12,587	15,836
Fire and other insurances					8,203	7,575
					20,790	23,411
Charitable activities:
Clerk's remuneration					18,132	18,132
Clerk's expenses					1,507	1,419
Surveyors' fees					11,457	2,400
Legal fees					7,169
Bank charges					974	927
Property costs					8,068	6,939
Miscellaneous expenses					1	577
Grants to individuals					148,575	151,875
Grants to institutions					63,550	65,000
					259,433	247,269
Governance costs
Auditors remuneration					6,000	3,690
Accountancy fees					90	1,080
Clerk's remuneration					4,533	4,533
Clerk's expenses					377	355
					11,000	9,658
Total expenditure					291,223	280,338
Net gains/(losses) on fixed		asset investments			85,761	(172,790)
Gain/(Loss) on revaluation		ofinvestment		property	115,000
Net income					215,110	(125,330)
This page does		not form part		ofthe statutory	financial statements.