||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|4|
|Independent
Examiner's|Report||||
|Statement of Financial|Activities||||
|Balance Sheet|||||
|Notes to the Financial Statements||8|to|14|
|Detailed Statement of Financial Activities|||15||
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||||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Designated|Endowment|Total|Total|
|||||funds|Funds|fund|funds|funds|
||||Notes|E|8|8||6|
|INCOME AND|||||||||
|ENDOWMENTS|FROM||||||||
|Investment
income|||2|61,388|96,020||157,408|161,895|
|EXPENDITURE|ON||||||||
|Raising funds|||3|15,084|23,593||38,677|12,500|
|Charitable
activities|||||||||
|Education
grants|||||48,713||48,713|48,074|
|Welfare grants|||||34,795||34,795|36,338|
|Religion grants|||||1,392||1,392|1,374|
|General grants||||34,275|||34,275|91,636|
|Support costs||||5,281|8,260||13,541|10,216|
|Total||||54,640|116,753||171,393|200,138|
|Net gains/(losses)||on|||||||
|investments||||||(177,840)|(177,840)|380,854|
|NET|||||||||
|INCOME/(EXPENDITURE)||||6,748|(20,733)|(177,840)|(191,825)|342,611|
|RECONCILIATION||OF|||||||
|FUNDS|||||||||
|Total funds brought||forward||25,766|78,376|5,827,484|5,931,626|5,589,015|
|TOTAL FUNDS CARRIED|||||||||
|FORWARD||||32,514|57,643|5,649,644|5,739,801|5,931,626|
##
||Balance Sheet|||
|---|---|---|---|
||31 March 2023|||
|||31.3.23|31.3.22|
||Notes|F|E|
|FIXEDASSETS||||
|investments||||
|Investments||4,586,142|4,763,412|
|Investment
property||1,187,000|1,187,000|
|||5,753,142|5,950,412|
|CURRENT ASSETS||||
|Cashin
hand||(8,906)|(14,551)|
|CREDITORS||||
|Amounts
falling due within one year|10|(4,435)|(4,235)|
|NET CURRENT ASSETS||(13,341)|(18,786)|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||5,739,801|5,931,626|
|NETASSETS||5,739,801|5,931,626|
|FUNDS|12|||
|Unrestricted
funds:||||
|Unrestricted
Funds||32,514|25,766|
|Designated
Funds||57,643|78,376|
|||90,157|104,142|
|Endowment
funds:||||
|Endowment
Funds||5,649,644|5,827,484|
|TOTAL FUNDS||5,739,801|5,931,626|
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||INVESTMENT INCOME|INVESTMENT INCOME||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||31.3.23|31.3.22|
|||||||||5|5|
||Rents received|||||||24,341|30,506|
||Other fixed asset investment|||||||133,067|131,389|
|||||||||157,408|161,895|
|3.|RAISING FUNDS|||||||||
||Investment
management|||costs||||||
|||||||||31.3.23|31.3.22|
|||||||||E|f|
||Investment
property|management|||costs|||38,677|12,500|
||GRANTS PAYABLE|||||||||
||Grants of55,000and|above have|||been paid to the following||institutions:|||
||Bedfordshire
Rural Communities||||Charity - Welfare|||22,425|22,385|
||Burgoyne
Middle School||- Education|||&Welfare||||
||Potton Lower School|- Education||||||10,000|10,000|
||Potton Middle School - Education|||||||10,000|10,000|
||Potton Jubilee Project||||||||12,000|
||Potton Tennis Club||||||||47,500|
||Sue Ryder Care|||||||7,000|7,250|
|5.|SUPPORT COSTS|||||||||
|||||||||Governance||
||||||||Management|costs|Totals|
||||||||E||E|
||Support costs||||||9,141|4,400|13,541|
||Support costs, included||in ths above,|||are as follows:||||
|||||||||31.3.23|31.3.22|
|||||||||Support|Total|
|||||||||costs|activities|
|||||||||F|E|
||Administration|||||||9,141|5,956|
||Independent
Examiners||Fee|||||1,375|1,375|
||Accounting
services paid to|||the||||||
||Independent
Examiner|||||||3,025|2,885|
|||||||||13,541|10,216|
##
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##
|There were
no
tr
31 March 2022.|ustees'
expenses
paid for the year end|ustees'
expenses
paid for the year end|ustees'
expenses
paid for the year end|ed 31 March|2023 nor for th|e year
ende|
|---|---|---|---|---|---|---|
|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|||
||||Unrestricted|Designated|Endowment|Total|
||||funds|Funds|fund|funds|
||||8|8|f|8|
|INCOME AND ENDOWMENTS||FROM|||||
|Investment
income|||63,139|98,756||161,895|
|EXPENDITURE ON|||||||
|Raising funds|||4,875|7,625||12,500|
|Charitable
activities|||||||
|Education
grants||||48,074||48,074|
|Welfare grants||||36,338||36,338|
|Religion grants||||1,374||1,374|
|General grants|||91,636|||91,636|
|Support costs|||3,984|6,232||10,216|
|Total|||100,495|99,643||200,138|
|Net gains on investments|||||380,854|380,854|
|NET INCOME)(EXPENDITURE)|||(37,356)|(887)|380,854|342,611|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||63,122|79,263|5,446,630|5,589,015|
|TOTAL FUNDS CARRIED FORWARD|||25,766|78,376|5,827,484|5,931,626|
##
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##
|||Unlisted|
|---|---|---|
|||investments|
|||F|
|MARKET VALUE|||
|At 1 April 2022||4,763,412|
|Disposal at opening|book value|(19,443)|
|Revaluations||(177,827)|
|At 31 March 2023||4,566,142|
|NET BOOK VALUE|||
|At 31 March 2023||4,566,142|
|At 31 March 2022||4,763,412|
##
||Unlisted|
|---|---|
||investments|
||6|
|Valuation
in 2023|933,115|
|Cost|3,633,027|
||4,566,142|
|INVESTMENTPROPERTY||
|FAIRVALUE||
|At 1 April 2022||
|and 31 March 2023|1,187,000|
|NET BOOK VALUE||
|At 31 March 2023|1,187,000|
|At 31 March 2022|1,187,000|
|Trustees-|J Way, J Norman,
D English and|VW Beyon.||
|---|---|---|---|
|Fair value|at 31 March 2023 is represented|by:||
||||6|
|Valuation|in 2019||248,000|
|Cost|||939,000|
||||1,187,000|
##
##
##
|||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|
|||||||f||
|Other creditors||||||35|35|
|Accrued expenses||||||4,400|4,200|
|||||||4,435|4,235|
|ANALYSIS||OF NET ASSETS BETWEEN FUNDS||||||
|||||||31.3.23|31.3.22|
|||Unrestricted||Designated|Endowment|Total|Total|
||||funds|Funds|fund|funds|funds|
|||||E|E|6|8|
|Investments|||41,990|80,938|5,630,214|5,753,142|5,950,412|
|Current assets|||(7,603)|(20,733)|19,430|(8,906)|(14,551)|
|Current
liabilities|||(1,873)|(2,562)||(4,435)|(4,235)|
||||32,514|57,643|5,649,644|5,739,801|5,931,626|
|MOVEMENT||IN FUNDS||||||
|||||||Net||
|||||||movement|At|
||||||At 1.4.22|in funds|31.3.23|
|||||||6|F|
|Unrestricted||funds||||||
|Unrestricted||Funds|||25,766|6,748|32,514|
|Designated|Funds||||78,376|(20,733)|57,643|
||||||104,142|(13,985)|90,157|
|Endowmentfunds||||||||
|Endowment||Funds|||5,827,484|(177,840)|5,649,644|
|TOTAL FUNDS|||||5,931,626|(191,825)|5,739,801|
|Net movement
in funds, included|||in the above are as follows:|||||
|||||Incoming|Resources|Gains and|Movement|
|||||I'seoul'ces|expended|losses|in funds|
|||||F|E|E|E|
|Unrestricted||funds||||||
|Unrestricted||Funds||61,388|(54,640)||6,748|
|Designated|Funds|||96,020|(116,753)||(20,733)|
|Endowment||funds||157,408|(171,393)||(13,985)|
|Endowment|Funds|||||(177,840)|(177,840)|
|TOTAL FUNDS||||157,408|(171,393)|(177,840)|(191,825)|
##
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##
|Comparatlve|s
for movement
ln funds||||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.4.21|In funds
f|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|5,827,484|
|TOTALFUN|DS|5,589,015|342,611|5,931,626|
##
|Comparative|net movement
in fun|ds, included
in the above|are as follows:|||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|fosses|in funds|
|||8|5|8|F|
|Unrestricted|funds|||||
|Unrestricted|Funds|63,139|(100,495)||(37,356)|
|Designated|Funds|98,756|(99,643)||(887)|
|||161,895|(200,138)||(38,243)|
|Endowmentfunds||||||
|Endowment|Funds|||380,854|380,854|
|TOTAL FUNDS||161,895|(200,138)|380,854|342,611|
|A current ye|ar 12months
and prior year|12months
combined
position isas|follows:||
|---|---|---|---|---|
||||Net||
||||movement|At|
|||At 1.4.21|In funds|31.3.23|
||||8|8|
|Unrestricted|funds||||
|Unrestricted|Funds|63,122|(30,608)|32,514|
|Designated|Funds|79,263|(21,620)|57,643|
|||142,385|(52,228)|90,157|
|Endowment|funds||||
|Endowment|Funds|5,446,630|203,014|5,649,644|
|TOTALFUNDS||5,589,015|150,786|5,739,801|
##
##
|above are a|s follows:|||||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources
f|expended
6|losses
F|in funds
5|
|Unrestricted|funds|||||
|Unrestricted|Funds|124,527|(155,135)||(30,608)|
|Designated|Funds|194,776|(216,396)||(21,620)|
|Endowmentfunds||319,303|(371,531)||(52,228)|
|Endowment|Funds|||203,014|203,014|
|TOTAL FUNDS||319,303|(371,531)|203,014|150,786|
|Designated|Fund allocation|||2022|2021|
||||||6|
|Education||||32,633|34,176|
|Welfare||||45,661|45,022|
|Church ofEngland||||82|65|
|||||78,376|79,263|
##
##
##
|||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Total|
|||||funds|funds|funds|funds|
||||||6|E|E|
|INCOME AND ENDOWMENTS||||||||
|Investment
income||||||||
|Rents received
Other fixed asset Investment||||24,341
133,067||24,341
133,067|30,506
131,389|
|||||157,408||157,408|161,895|
|Total Incoming resources||||157,408||157,408|161,895|
|EXPENDITURE||||||||
|Investment
management||costs||||||
|Investment
property
management|||costs|38,677||38,677|12,500|
|Charitable
activities||||||||
|Grants to institutions
Grants to Individuals||||96,975
22,200||96,975
22,200|150,782
26,640|
|||||119,175||119,175|177,422|
|Supportcosts||||||||
|Management||||||||
|Administration||||9,141||9,141|5,956|
|Governance costs||||||||
|Independent
Examiners
Accounting
services paid|Fee
to the|||1,375||1,375|1,375|
|Independent
Examiner||||3,025||3,025|2,885|
|||||4,400||4,400|4,260|
|Total resources expended||||171,393||171,393|200,138|
|Net expenditure
before gains and losses||||(13,985)||(13,985)|(38,243)|
|Realised recognised
gains||and losses||||||
|Gain sale ofInvestment
asset
Revaluation
gains/(losses)
on investment|||||(13)|(13)|859|
|assets|||||(177,827)|(177,827)|379,995|
|Net Income/(expenditure)||||(13,985)|(177,840)|(191,825)|342,611|