REGISTERED CHARITY NUMBER: 201073 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 31 March 2022 

for 

Potton Consolldated Charity 

George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire $618 OLD 



Potton Consolidated Charity 

## Contents of the Financial Statements for the Year Ended 31 March 2022 


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|||||||||
|---|---|---|---|---|---|---|---|
|Page|
|Report|of the Trustees|1|to|4|
|Independent|Examiner's|Report|5|
|Statement|of Financtlal|Activities|6|
|Balance|Sheet|7|
|Notes|to|the|Financial|Statements|8|to|15|
|Detailed|Statement|of Financial|Activities|16|
|Appendix — Fund|Allocation|17|

**----- End of picture text -----**<br>




Potton Consolidated Charity 

## Report of the Trustees for the Year Ended 31 March 2022 

The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ireland (FRS 102) (effective 1 January 2019). 

## OBJECTIVES AND ACTIVITIES 

## Objects 

The objects of the charity are: 

- the relief of persons resident in the Parish of Potton {the area of benefit) who are in need, hardship or distress; 

- the advancement of education of children and adults under the age of 25 resident in the area of benefit; 

- to further the religious and other charitable work of the Church of England in the area of benefit; and 

- the general benefit of the inhabitants of the area of benefit in such charitable areas as the trustees think fit. 

## Incoming resources 

The charity's income is derived from rents received from investment properties, comprising cottages and land, and from income from investments. 

## Public benefit 

The trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission. 

## Grant making pollcy 

The amount of funding available for grants is shared out on a percentage basis according to the Charity Scheme: 25% for the Relief of Poverty; 35% to Education; 1% to Church of England; and 39% as the trustees see fit for the benefit of the people of Potton. 

Page 1 



Potton Consolidated Charity Report of the Trustees for the Year Ended 31 March 2022 

ACHIEVEMENT AND PERFORMANCE Charitable Activities Annual Grants were considered and awarded in March froma list prepared from previous years. Organisations were added to or removed from the list as approved by the trustees at that meeting. Grants of £28,250 (2021 £27,750) were made to local schools and £73,050 (2021 £39,029) to other organisations assisting the people of Potton. Grants for Student Education were advertised in the local press during August and also in the tocal Post Office and Library. Grants are available to all students living in Potton between the ages of 18 and 25 who are in full time education. Ms A Adnitt, a Trustee, declared an Interest In this grant as her daughter had submitted an application. Ms Adnitt therefore took no part in the discussions or decisions in this regard. Claim forms are completed by the students and their university or college and are then scrutinised at the November meeting of the trustees. The amount of grants paid out was £18,700 (2021 £19,500). Grants were also made to students aged 16 to 18 to assist with the cost of transport to school or college. The total of these grants was £4,950 (2021 £6,000). 

Grants for Pensioners at Christmas (formerly Coal Money Grant) were awarded in November from a list of applicants from former years. This list is now closed to new applicants. These grants amounted to £240 (2021 £260). 

A grant of £47,500 was paid to Potton Tennis Club to assist their construction of two new tennis courts at the Mill Lane Pavilion, which was completed in March 2022. Other Grant Applications were received in writing during the year, via the Clerk. These were copied to all trustees prior to the next meeting. Grants were considered on a needs basis. 

The Charity continued to fund a Community Agent whose role Is to connect older and vulnerable people in Potton to the services and support that they need. The Community Agent visits her clients in their homes to learn their needs and to support them in attaining them. She also encourages them to participate in activities that she and her small network of volunteers organise. The project has benefitted many of the older residents of Potton and the Trustees are extremely pleased with the success of the project. The Community Agent is also responsible for promoting the Charity's second project. The Charity has purchased Samsung tablets with the intention of giving them away to older people so that they can join the digital age. With the tablets they can use the internet to communicate with family and friends, to shop, to keep up with current affairs etc. The Charity also offers training in the use of the tablets. The Charity's third long-running activity is the Jubilee Project, which caters for young adults with learning difficulties. It is funded by an annual grant from the Charity. 

The charity made total grants amounting to £177,422 compared to £123,634 in the previous year. 

Fundralsing activities The charity does not undertake any significant fundraising activitles. Investment performance The charity's income from Investments increased from £157,813 to £161,895. The value of the charity's investment portfolio increased by approximately 8.22% during the year despite the impact of the Covid 19 virus throughout the whole of the financial year. FINANCIAL REVIEW Investment pollcy and objectives Funds are solely invested in the Charity Official Investment Fund maintained by CCLA Investment Management Limited. Finance is reviewed at every meeting from details of investments prepared by the Clerk and sent to every trustee 40 days prior to each meeting. 

Reserves policy As at 31 March 2013 the balance of unrestricted funds totalled £195,742. The trustees determined to reduce the amount of accumulated income over the ensuing five years in order to reduce reserves to a level representing the net income for the preceding year. The proposal to deal with the surplus is to fund a number of projects for various sectors of the community. As at 31 March 2022 the balance of undesignated funds totalled £25,766 (2021 £63,122). 

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Potton Consolidated Charity 

; 

## Report of the Trustees for the Year Ended 31 March 2022 

## FUTURE PLANS 

It is the trustees’ intention to continue to make Grants to the local community based upon the income of the Charity in the future. 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

## Governing document 

The Charity was formed from an amalgamation of Consolidated Education Foundation, Poor's Common and Sand Pits and Potton Consolidated Charities under a Scheme dated 15 May 2000. The Charity is registered with the Charity Commissioners for England and Wales in accordance with the Charities Act 1993 as charity number 201073. 

## Trustees 

The trustees comprise an ex officio trustee, being the Vicar of the Parish of Potton for the time being, four nominated trustees appointed by Potton Town Council, and four co-opted trustees appointed by the remaining trustees. With the exception of the ex officio trustee the trustees are appointed for a term of five years unless the appointment is to fill a casual vacancy. 

The appointment of a co-opted trustee must be made at a special meeting. Every new trustee must be given, on appointment, a copy of the scheme document and a copy of the latest report and statement of accounts. 

All trustees give their time freely and no trustee recelved any remuneration or expenses. 

## Clerk 

The trustees may appoint a Clerk to carry out the administration of the charity. Mr D J Howard has continued to serve as Clerk for the year. 

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 201073 

Principal address 69 Stotfold Road Arlesey Bedfordshire SG15 6XR 

## Trustees 

Mr C Belcher Mr T Wood Ms A Adnitt Mr M O'Keefe Mr A Leggatt Mr A MacDonald Mr A Allison Mr G Howe Rev A Wheatley 

Independent Examiner C A Airey FCCA Chartered Accountant George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire $G18 OLD 

Page 3 



## Potton Consolidated Charity 

Report of the Trustees for the Year Ended 31 March 2022 

Approved by order of the board of trustees on eel OV AOA and signed on its behalf by: 

Trustee 

Page 4 



## Independent Examiner's Report to the Trustees of Potton Consolidated Charity 

Independent examiner's report to the trustees of Potton Consolidated Charity | report to the charity trustees on my examination of the accounts of Potton Consolidated Charity (the Trust) for the year ended 31 March 2022. 

## Responslbllities and basls of report 

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). 

| report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

Independent examiner's statement | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving ms cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 

j have no concerns and have come across no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

C A Airey FCCA Chartered Accountant George Hay Partnership LLP Chartered Accountants Brigham House High Street Biggleswade Bedfordshire $G18 OLD 

## Date: FLORIO 

Page 5 



## Potton Consolidated Charity 

## Statement of Financial Activities for the Year Ended 31 March 2022 

||||||2022|2021|
|---|---|---|---|---|---|---|
|||Unrestricted<br>funds|Designated<br>Funds|Endowment<br>fund|Total<br>funds|Total<br>funds|
||Notes|£|£|£|£|£|
|INCOME AND ENDOWMENTS|||||||
|FROM|||||||
|Donations and legacies|2|-|-|-|-|50|
|Investment income|3|63,139|98,756|-|161,895|157,813|
|Total||63,139|98,756|-|161,895|157,863|
|EXPENDITURE ON|||||||
|Raising funds|4|4,875|7,625|-|42,500|5,741|
|Charitable activities|||||||
|Education grants<br>Welfaregrants||-<br>-|48,074<br>36,338|-<br>-|48,074<br>36,338|35,929<br>22,901|
|Religion grants<br>General grants<br>Support costs||-<br>91,636<br>3,984|1,374<br>-<br>6,232|-<br>-<br>-|1,374<br>91,636<br>40,216|998<br>63,806<br>14,719|
|Total||100,495|99,643|-|200,138|144,094|
|Netgains on investments||-|-|380,854|380,854|748,839|
|NETINCOME/(EXPENDITURE)||(37,356)|(887)|380,854|342,611|762,608|
|RECONCILIATION OF FUNDS|||||||
|Total funds brought forward||63,122|79,263|5,446,630|5,589,015|4,826,407|
|TOTAL FUNDS CARRIED|||||||
|FORWARD||25,766|78,376|5,827,484|5,931,626|5,589,015|



The notes form part of these financial statements 

Page 6 



## Potton Consolidated Charity 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Balance|Sheet|
|31|March|2022|
|2022|2021|
|Notes|£|£|
|FIXED|ASSETS|
|investments|
|Investments|9|4,763,412|4,401,309|
|Investment|property|10|1,187,000|1,187,000|
|§,950,412|5,588,309|
|CURRENT|ASSETS|
|Debtors|-|3,038|
|Cash|at|bank|;|-|2,018|
|-|5,056|
|CREDITORS|
|Amounts|failing|due within|one year|11|(18,786)|(4,350)|
|NET CURRENT ASSETS|(18,788)|708|
|TOTAL ASSETS|LESS|CURRENT|LIABILITIES|5,931,626|5,589,015|
|NET ASSETS|5,931,626|5,589,015|
|FUNDS|14|
|Unrestricted|funds:|
|Unrestricted|Funds|25,766|63,122|
|Designated|Funds|78,376|79,263|
|104,142|142,385|
|Endowment|funds:|
|Endowment Funds|5,827,484|5,446,630|
|TOTAL FUNDS|5,931,628|5,589,015|

**----- End of picture text -----**<br>


The financial statements were approved by the Board of Trustees and authorised for issue on sen OF AOR and were signed on its behalf by: 


**----- Start of picture text -----**<br>
Ty ? by<br>Trustee<br>**----- End of picture text -----**<br>


The notes form part of these financial statements 

Page 7 



Potton Consolldated Charity 

1. ACCOUNTING POLICIES 

## Notes to the Financial Statements for the Year Ended 31 March 2022 

## Basis of preparing the financial statements 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), Financial Reporting Standard 102 'The Financiai Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. 

## Financlal reporting standard 102 - reduced disclosure exemptions 

The charity has taken advantage of the following disclosure exemptlons in preparing these financial statements, as permitted by FRS 102 The Financial Reporting Standard applicable in the UK and Republic of ireland': 

* — the requirements of Section 7 Statement of Cash Flows. 

## IncomIng resources 

Investment income and other incoming resources are recognised on a receivable basis. 

## Resources expended 

Resources expended are recognised in the period in which they are tncurred and are allocated to the particular activity where the cost relates directly to that activity. 

Grants ~ these are only recognised In the accounts when a commitment has been made and there are no conditlons fo be met relating to the grant which remain in the control of the charity. 

## Investment assets 

Investment assets, other than properties, are included at market value and are valued annually. 

## Investment properties 

Investment properties are professionally valued every five years. The last valuation was carried out on 31 March 2019 

## Taxation 

The charity is exempt from tax on its charitable activities. 

## Fund accounting 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specifled by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## Golng concern 

The accounts have been prepared on a going concern basis. The trustees consider there are no material uncertainties about the charity's ability to continue and have confident that the reserves accumulated are sufficient to mitigate the potential impact of the continuing coronavirus situation. 

Page 8 

continued... 



Potton Consolidated Charity 

1. 

2. 

3. 

5. 

## Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

## ACCOUNTING POLICIES - continued 

Significant Judgements and Estimates 

During the year the pandemic outbreak of Covid-19 has continued to have a significant Impact on both people and industry across the world. The Board are carefully monitoring the situation and following the applicable guideline issued by the UK Governments. Due to the nature of the outbreak and the ongoing effect it is having around the world it is very difficult to predict the overall impact this situation will have on the Charity going forward. The Board have exercised judgement in evaluating the impact of Covid-19 on these financial statements and have reviewed the assets for impairment as deemed necessary. 

## DONATIONS AND LEGACIES 

4. 


**----- Start of picture text -----**<br>
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|2022|2021|
|£|£|
|Donations|-|50|
|INVESTMENT|INCOME|
|2022|2021|
|£|£|
|Rents|received|30,506|29,006|
|Other fixed|asset|investment|131,389|128,807|
|161,895|157,813|
|RAISING|FUNDS|
|Investment|management|costs|
|2022|2021|
|£|£|
|Investment|property|management|costs|12,500|5,741|
|GRANTS|PAYABLE|
|Grants|of £5,000|and|above|have|been|paid|to|the|following|institutions:|
|Bedfordshire|Rural|Communities|Charity|- Welfare|22,385|18,000|
|Burgoyne|Middle|School|-|Education|& Welfare|-|40,000|
|Potton|Lower|School|-|Education|10,000|10,000|
|Potton|Middle|School|-|Education|40,000|-|
|Potton|Jubilee|Project|412,000|12,000|
|Potton|Tennis|Club|47,500|-|
|Sue|Ryder Care|7,250|7,000|

**----- End of picture text -----**<br>


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continued... 



Potton Consolidated Charity 

6. 

7. 

8. 

Notes to the Financlal Statements - continued for the Year Ended 31 March 2022 

## SUPPORT COSTS 

|SUPPORT COSTSCOSTS||||
|---|---|---|---|
|||Governance||
||Management<br>£|costs<br>£|Totals<br>£|
|Supportcosts|5,956|4,260|10,216|
|Supportcosts, included intheabove, areas follows:||2022|2021|
|||Support<br>costs|Total<br>activities|
|||£|£|
|Administration<br>Independent Examiners Fee||5,956<br>1,375|10,759<br>1,200|
|Accounting services paid to the Independent<br>Examiner||2,885|2,760|
|||10,216|14,719|



## TRUSTEES' REMUNERATION AND BENEFITS 

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. 

## Trustees’ expenses 

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. 

|COMPARATIVES FORTHESTATEMENTOF FINANCIAL ACTIVITIES|COMPARATIVES FORTHESTATEMENTOF FINANCIAL ACTIVITIES|COMPARATIVES FORTHESTATEMENTOF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|
||Unrestricted<br>funds|Designated<br>Funds|Endowment<br>fund|Total<br>funds|
||£|£|£|£|
|INCOMEAND ENDOWMENTS FROM|||||
|Donations and legacies|50|-|-|50|
|Investmentincome|61,547|96,266|-|157,813|
|Total|61,597|96,266|-|157,863|
|EXPENDITURE ON|||||
|Raising funds|2,239|3,502|-|5,741|
|Charitable activities|||||
|Education grants<br>Welfare grants<br>Religion grants<br>General grants<br>Supportcosts|-<br>-<br>-<br>63,806<br>5,741|35,929<br>22,901<br>998<br>-<br>8,978|-<br>-<br>-<br>-<br>-|35,929<br>22,901<br>998<br>63,806<br>14,719|
|Total|71,786|72,308|-|144,094|
|Netgains on investments|:|-|748,839|748,839|
|NETINCOME/(EXPENDITURE)|(10,189)|23,958|748,839|762,608|
|Transfers between funds|(12,500)|12,500|-|-|
|Netmovement In funds|(22,689)|36,458|748,839|762,608|
||Page10|||continued...|





Potton Consolidated Charity 

## Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

|8.|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued|||
|---|---|---|---|---|---|
|||Unrestricted|Designated|Endowment|Total|
|||funds|Funds|fund|funds|
|||£|£|£|£|
||RECONCILIATION OF FUNDS|||||
||Total funds brought forward|85,811|42,805|4,697,791|4,826,407|
||TOTALFUNDS CARRIEDFORWARD|63,122|79,263|5,446,630|5,589,015|
|9.|FIXED ASSET INVESTMENTS|||||
||||||Unlisted|
||||||investments|
||||||£|
||MARKETVALUE|||||
||At1 April 2021<br>Disposai atopening book value||||4,401,309<br>(17,892)|
||Revaluations||||379,995|
||At 31 March 2022||||4,763,412|
||NET BOOK VALUE|||||
||At 31 March 2022||||4,763,412|
||At31March2021||||4,401,309|



There were no investment assets outside the UK. 

COIF Charities Investment Fund Income Units - Market value - £4,763,412 (2021 - £4,401,309). 

Cost or valuation at 31 March 2022 is represented by: 

||:|Unlisted|
|---|---|---|
|||investments|
|||£|
||Valuation in 2022|1,110,942|
||Cost|3,652,470|
|||4,763,412|
|10.|INVESTMENT PROPERTY||
|||£|
||FAIRVALUE||
||At 1 April 2021||
||and 31 March 2022|1,187,000|
||NET BOOK VALUE||
||At31 March 2022|1,187,000|
||At31March2021|1,187,000|



All Investment Properties are owned by the charity but are held in the names of the following former Trustees - J Way, J Norman, D English and VW Beyon. 

Page 11 

continued... 



Potton Consolidated Charity 

10. INVESTMENT PROPERTY- continued 

11, 

## Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

Fair value at 31 March 2022 is represented by: 

||||£|
|---|---|---|---|
|Valuation|in|2019|248,000|
|Cost|||939,000|
||||1,187,000|



The properties were valued by Messrs.Brown & Co, Chartered Surveyors as at 31 March 2019. 

|11,|CREDITORS: AMOUNTS FALLING DUE WITHIN|CREDITORS: AMOUNTS FALLING DUE WITHIN|CREDITORS: AMOUNTS FALLING DUE WITHIN|ONE YEAR|||||
|---|---|---|---|---|---|---|---|---|
|||||||2022|.|2021|
|||||||£||£|
||Bank loans and overdrafts (see|note 12)||||14,551||-|
||Other creditors|||||35||450|
||Accrued expenses|||||4,200||3,900|
|||||||18,786||4,350|
|12,|LOANS||||||||
||An analysis ofthe maturity ofloans Is given||below:||||||
|||||||2022||2021|
|||||||£||£|
||Amounts falling due within oneyearon demand:||||||||
||Bankoverdrafts|||||14,551||-|
|13.|ANALYSIS OF NETASSETS BETWEEN FUNDS||||||||
|||||||2022||2021|
|||Unrestricted<br>funds||Designated<br>Funds|Endowment<br>fund|Total<br>funds||Total<br>funds|
|||£||£|£|£||£|
||Investments<br>Current assets|41,990<br>-||80,938<br>-|5,827,484<br>-|5,950,412<br>-||5,588,309<br>5,056|
||Current liabilities|(16,224)||(2,562)|-|(18,786)||(4,350)|
|||25,766||78,376|5,827,484|5,931,626||5,589,015|
|14.|MOVEMENT IN FUNDS||||||||
|||||||Net|||
|||||||movement||At|
||||||At 1.4.21|in funds||31.3.22|
||||||£|£||£|
||Unrestricted funds||||||||
||Unrestricted Funds||||63,122|(37,356)||25,766|
||Designated Funds||||79,263|(887)||78,376|
||||||142,385|(38,243)||104,142|
||Endowment funds||||||||
||Endowment Funds||||5,446,630|380,854||§,827,484|
||TOTALFUNDS||||5,589,015|342,611||5,931,626|



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Potton Consolidated Charity 

14. MOVEMENT iN FUNDS- continued 

## Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

Net movement in funds, included in the above are as follows: 


**----- Start of picture text -----**<br>
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Incoming|Resources|Gains|and|Movement|
|resources|expended|losses|in|funds|
|£|£|£|£|
|Unrestricted|funds|
|Unrestricted|Funds|63,139|(100,495)|-|(37,356)|
|Designated|Funds|98,756|(99,643)|-|(887)|
|161,895|(200,138)|-|(38,243)|
|Endowment|funds|
|Endowment|Funds|-|-|380,854|380,854|
|TOTAL FUNDS|161,895|(200,138)|380,854|342,614|
|Comparatives|for|movement|in|funds|
|Net|Transfers|
|movement|between|At|
|At|1.4.20|in|funds|funds|31.3.24|
|£|£|£|£|
|Unrestricted|funds|
|Unrestricted|Funds|85,811|(10,189)|(12,500)|63,122|
|Designated|Funds|42,805|23,958|12,500|79,263|
|428,616|13,769|-|142,385|
|Endowment|funds|
|Endowment|Funds|4,697,791|748,839|-|5,446,630|
|TOTAL FUNDS|4,826,407|762,608|-|5,589,015|
|Comparative|net|movement|in|funds,|Included|in|the|above|are|as|follows:|
|Incoming|Resources|Galns|and|Movement|
|resources|expended|losses|in|funds|
|£|£|£|£|
|Unrestricted|funds|
|Unrestricted|Funds|61,597|(71,788)|-|(10,189)|
|Designated|Funds|96|266|(72,308)|:|23,958|
|157,863|(144,094)|-|13,789|
|Endowment|funds|
|Endowment|Funds|-|-|748,839|748,839|
|TOTAL FUNDS|157,863|(144,094)|748,839|762,608|

**----- End of picture text -----**<br>


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Potton Consolidated Charity 

Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

14. MOVEMENT IN FUNDS - continued 

A current year 12 months and prior year 12 months combined position is as follows: 

|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1.4.20|in funds|funds|31.3.22|
||£|£|£|£|
|Unrestricted funds|||||
|Unrestricted Funds|85,811|(47,545)|(12,500)|25,766|
|Designated Funds|42,805|23,071|12,500|78,376|
||128,616|(24,474)|-|104,142|
|Endowment funds|||||
|Endowment Funds|4,697,791|1,129,693|-|5,827,484|
|TOTALFUNDS|4,826,407|1,105,219|-|5,931,626|
|A currentyear 12 months and prior year|12 months combined net movement in||funds, included in the above are||
|follows:|||||
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
||£|£|£|£|
|Unrestricted funds|||||
|Unrestricted Funds|124,736|(172,281)|-|(47,545)|
|Designated Funds|195,022|(171,951)|-|23,071|
||319,758|(344,232)|-|(24,474)|
|Endowment funds|||||
|Endowment Funds|-|-|1,129,693|1,129,693|
|TOTALFUNDS|319,758|(344,232)|1,129,693|1,105,219|
|Designated Fund allocation|||2022<br>£|2021<br>£|
|Education<br>Welfare<br>Church ofEngland|||32,633<br>45,661<br>82|34,176<br>45,022<br>65|
||||78,376|79,263|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

Page 14 

continued... 



Potton Consolldated Charity 

Notes to the Financial Statements - continued for the Year Ended 31 March 2022 

## 15. RELATED PARTY DISCLOSURES 

There were no related party transactions for the year ended 31 March 2022. 

Page 15 



## Potton Consolidated Charity 


**----- Start of picture text -----**<br>
||||||||||
|---|---|---|---|---|---|---|---|---|
|Detalled|Statement|of|Financlai|Activitles|
|for the|Year|Ended|31|March|2022|
|2022|2021|
|Unrestricted|Endowment|Total|Total|
|funds|funds|funds|funds|
|F|£|£|£|
|INCOME|AND|ENDOWMENTS|
|Donations|and|legacies|
|Donations|-|-|-|50|
|Investment|income|
|Rents|received|30,506|-|30,506|29,006|
|Other fixed|asset|investment|131,389|-|131,389|128,807|
|161,895|-|161,895|157,813|
|Total|Incoming|resources|161,895|-|161,895|157,863|
|EXPENDITURE|
|Investment|management|costs|
|Investment|property management|costs|42,500|-|12,500|5,741|
|Charitable|activitles|
|Grants|to|institutions|150,782|-|450,782|96,779|
|Grants|to|individuals|26,640|-|26,640|26,855|
|177,422|-|177,422|123,634|
|Support costs|
|Management|
|Administration|5,956|-|5,956|10,759|
|Governance|costs|
|Independent|Examiners|Fee|1,375|-|1,375|4,200|
|Accounting|services|paid|to|the|Independent|
|Examiner|2,885|-|2,885|2,760|
|4,260|-|4,260|3,960|
|Total|resources|expended|200,138|-|200,138|144,094|
|Net|Income/(expenditure)|before|gains|and|
|losses|(38,243)|-|(38,243)|13,769|
|Reallsed|recognised|gains|and|losses|
|Gain|sale|of|investment|asset|-|859|859|-|
|Revaluation|gains/(losses)|on|investment assets|-|379,995|379,995|748,839|
|Net income/(expenditure)|(38,243)|380,854|342,611|762,608|

**----- End of picture text -----**<br>


This page does not form part of the statutory financial statements 

Page 16 



## Potton Consolidated Charity 

|Fund Allocation|2017|2018|2019|2020|2021|2022|
|---|---|---|---|---|---|---|
|Income|456,712|170,725|150,459|152,902|157,813|161,895|
|Expenditure|14,851|43,223|19,704|35,789|20,460|22,716|
|Net|141,861|157,502|130,755|117,113|137,353|139,179|
|Donations Received|-|-|-|-|50|-|
|Grants Made|226,292|155,136|148,269|136,486|123,634|177,422|
|Net|(84,431)|2,366|(17,514)|(19,373)|13,769|(38,243)|
|Capital Incomings|-|-|-|-|-|-|
|Capital outgoings|83,273|-|-|118,621|(748,839)|(380,854)|
||(83,273)|-|-|(118,621)|748,839|380,854|
|Net movement|58,588|157,502|130,755|(1,508)|886,192|520,033|
|Grants payable|||||||
|Welfare<br>Education|35,465<br>49,651|39,376<br>55,126|32,689<br>45,764|29,278<br>40,990|34,338<br>48,074|34,795<br>48,713|
|CofE|1,419|1,575|4,308|1,171|1,374|1,392|
|Unrestricted|55,326|61,425|50,994|45,674|53,567|54,279|
||141,861|157,502|130,755|117,113|137,353|139,179|
|Grants pald|||||||
|Welfare<br>Education|89,144<br>54,067|43,036<br>48617|43,706<br>61,189|32,669<br>45,764|22,901<br>35,929|36,338<br>48,074|
|CofE|1,313|4,418|1,748|1,308|998|1,374|
|Unrestricted|81,768|62,065|41,626|56,745|_63,806|91,636|
||226,292|155,136|148,269|136,486|123,634|177,422|
|Reserves brought forward|||||||
|Welfare|96,690|43,011|39,351|21,007|17,616|34,176|
|Education|54,067|49,651|56,160|30,480|25,706|465,023|
|CofE|1,313|1,419|1,576|(379)|(516)|65|
|Unrestricted|143,749|117,307|116,667|96,882|85,811|63,122|
||295,819|211;388|213,754|147,990|128,617|142,386|
|Transfers|||||||
|Welfare|-|-|-|-|5,123|-|
|Education|-|-|-|-|7,172|-|
|CofE|-|-|-|-|205|-|
|Unrestricted|-|-|-|-__(12,500)||-|
|Reserves carried forward|||||||
|Welfare|43,011|39,351|28,334|17,616|34,176|32,633|
|Education|49,651|56,160|40,735|25,706|45,023|45,662|
|CofE|1,419|4,576|1,136|(516)|65|83|
|Total restricted|94,081|97,087|70,205|42,806|79,264|78,378|
|Unrestricted|117,307|116,667|126,035|85,811|63,122|25,765|
||211,388|213,754|196,240|128,617|142,386|104,143|



> This page does not form part of the statutory financial statements 

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