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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||
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||||||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|
##
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||||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|
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|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|
##
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|6|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|
##
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||||||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||
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|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||
##
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|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|
##
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##
|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|
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|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|
##
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##
||||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.||