| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Uitrestricted | Restricted | Total | Total | ||||
| Notes | funds | fundf | funds | funds | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
913 | 913 | 1,000 | ||||
| lnvestinent income |
51,004 | 51,004 | 48,204 | ||||
| Total | 51,917 | 51,917 | 49,204 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Estate costs | 13,509 | 13,509 | 14,121 | ||||
| Repairs and maintenance | 16,$81 | 16,881 | 27,388 | ||||
| Other expenditure | 5,248 | 5,248 | 5,248 | ||||
| Management and administration |
15,769 | 15,769 | 14,965 | ||||
| Total | 51,407 | 51,407 | 61,722 | ||||
| Net gains on investments | 2,557 | 4,096 | 6,653 | 138 | |||
| NET INCOME/(EXPENDITURE) | 2,557 | 4,606 | 7,163 | (12,380) | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward |
42,890 | 251,6$6 | 294,576 | 306,956 | |||
| TOTAL FUNDS CARRIED FORWARD | 45,447 | 256,292 | 301,739 | 294,576 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | To/u/ | ||
| funds | fund | funds | fundc | ||
| Notes | f | f | |||
| FIXEDASSETS | |||||
| Tangible assets | 143,012 | 143,012 | /48,260 | ||
| Investments | 45,447 | 45,447 | 42,890 | ||
| 45,447 | 143,012 | 188,459 | /9/, 150 | ||
| CURRENT ASSETS | |||||
| Debtors | 297 | 297 | 273 | ||
| Investments | 67,02$ | 67,028 | 67,73/ | ||
| Cash at bank | 50,203 | 50,203 | 39,/72 | ||
| 117,528 | 117,528 | /07, /76 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
(4,248) | (4,24$) | (3,750) | ||
| NET CURRENT ASSETS | 113,280 | 113%280 | 103,426 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 45,447 | 256,292 | 301,739 | 294,576 | |
| NET ASSETS | 45,447 | 256,292 | 301,739 | 294,576 | |
| FUNDS | lo | ||||
| Unrestricted funds |
45,447 | 42,890 | |||
| Restricted funds |
256,292 | 25l,686 | |||
| TOTAL FUNDS | 301,739 | 294,576 |
| INVE | STMENT INCOME | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Rents | received | 50,576 | 47,927 |
| Other | fixed asset inv - UnFII | 219 | 275 |
| Deposit account interest | 209 | 2 | |
| 51,004 |
| During the year, X364(2022:f364) was paid in respect oftrustee indemnity insuranc |
During the year, X364(2022:f364) was paid in respect oftrustee indemnity insuranc |
e. | |
|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
| Unrestricted | Restricted | Total | |
| funds | fund | funds | |
| f | |||
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
1,000 | 1,000 | |
| Investment income |
48,204 | 48,204 | |
| Total | 49,204 | 49,204 | |
| EXPENDITURE ON | |||
| Charitable activities |
|||
| Estate costs | 14,121 | 14,121 | |
| Repairs and maintenance | 27,388 | 27,388 | |
| Other expenditure | 5,248 | 5,248 | |
| Management and administration |
14,965 | 14,965 | |
| Total | 61,722 | 61,722 | |
| Net gains/(losses) on investments |
(433) | 571 | 138 |
| NET INCOME/(EXPENDITURE) | (433) | (11,947) | (12,380) |
| RECONCILIATION OF FUNDS |
|||
| Total funds brought forward |
43,323 | 263,633 | 306,956 |
| TOTAL FUNDS CARRIED FORWARD | 42,890 | 251,686 | 294,576 |
| TA | NGIBLE FIXEDASSETS | |
|---|---|---|
| Freehold | ||
| property f |
||
| COST | ||
| At | 1 January 2023 and 31 December 2023 | 262,341 |
| DEPRECIATION | ||
| At | 1 January 2023 | 114,081 |
| Charge for year | 5,248 | |
| At | 31December 2023 | 119,329 |
| NET BOOK VALUE | ||
| At | 31 December 2023 | 143,012 |
| At | 31 December 2022 | l48,260 |
| FI | XEDASSETINVESTMENTS | |
|---|---|---|
| Unlisted | ||
| investments | ||
| MARKET VALUE | ||
| At | 1 January 2023 | 42,890 |
| Revaluations | 2,557 | |
| At | 31 December 2023 | 45,447 |
| NET BOOK VALUE | ||
| At | 31 Deceinber 2023 | 45,447 |
| At | 31 December 2022 | 42,890 |
| 6. | FIXEDASSET INVE | STMENTS - continued | |||
|---|---|---|---|---|---|
| Cost or valuation at 3 l |
December 2023 is represented | by: | |||
| Unlisted | |||||
| investments | |||||
| Valuation in 2023 |
2,557 | ||||
| Cost | 42,890 | ||||
| 45,447 | |||||
| The investments comprise ofthe following: |
|||||
| 2023 | 2022 | ||||
| COIF Income shares | 4,445 | 4,071 | |||
| NAACIF Income shares | 5,I33 | 5,046 | |||
| NAACIF Accumulation | shares | 35,869 | 33,773 | ||
| Total Market Value | 45,447 | 42,890 | |||
| 1. | DEBTORS:AMOUNTS FALLING DUE WITHIN | ONE YEAR | |||
| 2023 | 2022 | ||||
| Prepayments | 297 | 273 | |||
| 8. | CURRENT ASSETINVESTMENTS | ||||
| 2023 | 2022 | ||||
| Unlisted investments |
67,028 | 67,731 |
| 2023 | 2022 | ||
|---|---|---|---|
| Cyclical repairs | 36,689 | 33,580 | |
| Extraordinary | repairs | 30,339 | 34,152 |
| Total | 67,028 | 67,732 |
| 9. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE | FALLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Other creditors | 4,248 | 3,750 | ||||
| 10. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At I/1/23 | in funds | 31/12/23 | ||||
| Unrestricted funds |
||||||
| Endowment fund |
42,890 | 2,557 | 45,447 | |||
| Restricted funds |
||||||
| Restricted fund |
251,686 | 4,606 | 256,292 | |||
| TOTAL FUNDS | 294,576 | 7,163 | 301,739 | |||
| Net movement in funds, included |
in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| Unrestricted funds |
||||||
| Endowment fund |
2,557 | 2,557 | ||||
| Restricted funds | ||||||
| Restricted fund |
51,917 | (51,407) | 4,096 | 4,606 | ||
| TOTAL FUNDS | 51,917 | (51,407) | 6,653 | 7,163 | ||
| Comparatives for movement |
in | funds | ||||
| Net | ||||||
| movement | At | |||||
| At I/I /22 | in funds | 31/12/22 | ||||
| Unrestricted funds |
||||||
| Endowment fund |
43,323 | (433) | 42,890 | |||
| Restricted funds |
||||||
| Restricted fund |
263,633 | (11,947) | 251,686 | |||
| TOTAL FUNDS | 306,956 | (12,380) | 294,576 |
| Incoming | Resources | Gains and | Movemcnt | ||
|---|---|---|---|---|---|
| resources f |
expended | losses f |
in funds f |
||
| Unrestricted funds |
|||||
| Endowment | fund | (433) | (433) | ||
| Restricted | funds | ||||
| Restricted | fund | 49,204 | (61,722) | 571 | (11,947) |
| TOTAL FUNDS | 49,204 | (61,722) | 138 | ()2,380) |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At I/I/22 | in funds | 31/12/23 | |||
| f | f | ||||
| Unrestricted | funds | ||||
| Endowlnent | fund | 43,323 | 2,124 | 45,447 | |
| Restricted | funds | ||||
| Restricted | fund | 263,633 | (7,341) | 256,292 | |
| TOTAL FUNDS | 306,956 | (5,217) | 301,739 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources f |
expended f |
losses | in funds | |
| Unrestricted funds |
||||
| Endowment fund |
2,124 | 2,124 | ||
| Restricted funds | ||||
| Restricted fund | 101,121 | (113,129) | 4,667 | (7,341) |
| TOTAL FUNDS | 101,121 | (113,129) | 6,791 | (5,217) |
| 2023 | 2022 | |||
|---|---|---|---|---|
| E | ||||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations | 413 | |||
| Grants | 500 | 1,000 | ||
| 913 | 1,000 | |||
| Investment income |
||||
| Rents received | 50)576 | 47,927 | ||
| Other fixed asset inv |
- UnFII | 219 | 275 | |
| Deposit account interest | 209 | 2 | ||
| 51,004 | 48,204 | |||
| Total incoming resources |
51,917 | 49,204 | ||
| EXPENDITURE | ||||
| Charitable activities |
||||
| Sundries | 1,095 | 1,198 | ||
| Estate costs | 13,509 | /4, /21 | ||
| Repairs and inaintenance | 16,881 | 27,388 | ||
| Trustees' insurance |
364 | 364 | ||
| Freehold property | 5,248 | 5,248 | ||
| 37,097 | 48,319 | |||
| Support costs | ||||
| Management | ||||
| Clerk's wages and expenses | 12,162 | 11,753 | ||
| Governance costs |
||||
| Accountancy and 1egal fees |
2,148 | 1,650 | ||
| Total resources expended | 51,407 | 61,722 | ||
| Net income/(expenditure) | before gains and | |||
| losses | 510 | (/2,5/8) | ||
| Realised recognised | gains | and losses | ||
| Vnrealised gains / losses on |
investments | 6,653 | ||
| Net income/(expenditure) | 7,163 | (12,380) |