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2022-12-31-accounts

Page
Reportofthe
Trustees		 1 lo 3
Independent
ExaminePs
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 7 to 14
Detailed Statement ofFinancial Activities 15

2022 2021
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
Notes 6 5 8 5
INCOME AND ENDOWMENTS
FROM
Charitable activifies 3
Provision ofaccommodation 66,573 66,573 68,110
Investment
income		 2 43,747 43,747 41,399
Total tt0,320 110,320 109,509
EXPENDITURE ON
Raising funds
Investment
management		 costs 4 9,641 9,641 3,447
9,641 9,641 3,447
Charitable
activities
Provision ofaccommodation 46,022 46,022 47,867
Relief ofpoverty and hardship
and general
benefit ofthe
inhabitants
ofWorcester		 57,650 57,650 40,000
Total 103,672 9,641 113,313 91,314
Net gains/fiosses)
on
investments (150,009) (150,009) 152,522
NET INCOME/(EXPENDITURE) 6,648 (159,650) (153,002) 170,717
Transfers between funds 15 (780) 780
Net movement
in funds		 5,868 780 (159,650) (153,002) 170,717
RECONCILIATION
OF FUNDS
Total funds brought fonvard 88,842 81,534 1,750,842 1,921,218 1,750,501
TOTAL FUNDS CARRIED
FORWARD 94,710 82,314 1,591,192 1,768,216 1,921,218
Trading as SixI@astern' Charit Trading as SixI@astern' Charit ies
Balance Sheet
31st December 2022
2022 2021
Unrestricted Restricted Endowment Total Total
Notes funds
5		 funds
2		 fundsf funds
8		 funds
2
FIXEDASSETS
Tangible assets 12 500,000 500,000 500,000
Investments 13 1,089,199 1,089,199 1,246,596
1,589,198 1,589,199 1,746,596
CURRENT ASSETS
Debtors 14 3,535 3,535 3,012
Cash at bank 318,391 82,314 1,993 202,698 198,095
121,926 82,314 1,993 206,233 201,107
CREDITORS
Amounts
falling due within one
year 15 (27,216) (27,216) (26,485)
NET CURRENT ASSETS $4,710 82,314 1,993 179,017 174,622
TOTAL ASSETSLESS
CURRENT LIABILITIES 94,710 82,314 1,591,192 1,768,216 1,921,218
NET ASSETS 94,710 82,314 1,591,192 1,768,216 1,921,218
FUNDS
Unrestricted
funds:
General unrestricted fund 94,710 88,842
Restricted funds:
Extraordinary
repair		 fund 82,314 81,534
Endowment
funds:
Capital held in buildings and investments 1,591,192 1,750,842
TOTAL FUNDS 1,768,218 1,921,218

forthe Year Ended 31st Decemb er 2023
4. INVESTMENT MANAGEMENT COSTS
2022 2021f
Investment
manager fees		 9,641 3,447
5. CHARITABLE ACTIVITIES COSTS
Grant
funding of
Direct activities Support
Costs (see (see note costs (see
note 6)
f		 7) note 8)
f		 Totals
f
Provision ofaccommodation 28,639 17,383 46,022
Relief ofpoverty and hardship and
general benefit ofthe inhabitants of
Worcester 57,650 57,650
28,639 57,650 17,383 103,672
6. DIRECTCOSTS OF CHARITABLE ACTIVITIES
2022f 2021f
Council tax and water 3I321 3,108
Insurance 2,853 2,705
Light and hest 10,882 15,352
Cleaning 1,526
Postage and stationery 103 110
Gilts to residents 1,200 1,050
Building repaim and modemisation 9,571 5,894
TVlicence 418 83
Subscriptions 222 236
Website 69 21
28,639 30,085
7. GRANTS PAYABLE
2022 2021f
Relief ofpoverty and hardship and general benefit ofthe inhabitants of
Worcester 57,650 40,000

GRANTS PAYABLE - continued continued
The total grants paid to inslitutions during the year was as follows:
2022f 2021
Acorns
Children's
Hospice		 Trust 'I0,000 7,500
The Armchair Tmst 3,000 2,000
Fort Royal Community Primary School 2,000 2,000
Hereford &Worcester Army Cadet Force Charitable Trust 1,000 1,000
Maggs Day Centre 5,000 3,000
The Mobilily Trust 2,150
Museum ofRoyal Worcester (The Dyson Pemns Museum Trust) 2,500 2,000
The Myriad Centre Limited 6,000 2,000
Onside Independent Advocacy 2,000
Perdiswell
Young People's		 Leisure Cenhe' 1,000 2,000
StPaul's Hostel 5,000 3,000
St Richards Hospice Foundation 10,000 7,500
Sight Concern
(Worcester Association For The Blind)		 1,000 1,000
Worcester Food Bank (P.C.C.OfThe Ecdesiastical Parish OfStNicholas &
All SainfsWorcester) 7,000 5,000
Worcester Snoezelen Project 2,000
57,650 40,000
SUPPORT COSTS
Governance
Finance costs Totals
5 5 5
Provision ofaccommodation 163 17,220 17,383
Support costs, included in the above, are as follows:
2022 2021
Provision
of Total
accommodation activities
f
Bank charges 163 220
Independent
examinerfees		 -independent
exam 1,620 1,542
Independent
examiner		 fees - other services 420
Clerk's fees 15,600 15,600
17,383 17,782

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES STATEMENT OF FINANCIAL ACTIVITIES
Unresbicted Restricted Endowment Total
funds
f		 funds
5		 funds
6		 funds
8
INCOME AND ENDOWMENTS FROM
Charitable
activities
Provision ofaccommodation 68,110 68,110
Investment
income		 41,399 41,399
Total 109,509 109,509
EXPENDITURE ON
Raising funds
Investment
management		 costs 3,447 3,447
3,447 3,447
Charitable
activities
Provision ofaccommodation 47,867 47,867
Relief ofpoverty and hardship and general
benefit ofthe inhabitants ofWorcester 40,000 40,000
Total 87,867 3,447 91,314
Net gains on investments 152,522 152JI22
NET INCONIE 21,642 149,075 170,717
Transfers between funds (45,000) 45,000
Net movement
in funds		 (23,358) 45,000 149,075 170,717
RECONCILIATION
OF FUNDS
Total funds brought
forward		 112,200 36,534 1,601,767 1,750,501
TOTAL FUNDS CARRIED FORWARD 88,842 81,534 1,750,842 1,921,218
TANGIBLE FIXEDASSETS
Freehold
property
8
COST
At 1stJanuary 2022 and
31stDecember 2022 500,000
NET BOOK VALUE
At 31st December 2022 500,000
At 31st December 2021 500,000

Listed
investments
2
MARKET VALUE
At 1stJanuary 2022 1,246,596
Additions 39,572
Disposals
Revaluations		 (46,960)
(150,009)
At 31stDecember 2022 1,089,199
NET BOOK VALUE
At 31st December 2022 1,089,199
At 31stDecember 2021 1,246,595
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
5
Maintenance
charge debtors		 1,996 1,569
Prepayments 1,539 1,443
3,535 3,012
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
6		 2021
f
Grants payable 22,500 20,000
Receipts in advance
Accrued expenses		 1,626
3,090		 1,394
5,091
27,216 26,485

MOVEMENT IN FU NDS
Net Transfers
movement between At
At 1.1.22
5		 in funds
f		 funds
6		 31.12.22
5
Unresbfcted
funds
General unrestricted fund 88,842 6,648 (780) 94,710
Restricted funds
Extraordinary
repair		 fund 81,534 780 82,314
Endowmentfunds
Capital held in buildings and investments 1,750,842 (159,650) 1,591,192
TOTAL FUNDS 1,921,218 (153,002) 1,768,216

MOVEMENT
IN FUND		 MOVEMENT
IN FUND		 S - contin S - contin S - contin ued
Net movement
in funds,		 induded in the above are asfollows:
Incoming Resources Gains and Movement
resources expended losses in funds
5 6
Unrestricted
funds
General unrestricted fund 110,320 (103,672) 6,648
Endowmentfunds
Capital held in buildings and investments (9,641) (150,009) (159,650)
TOTALFUNDS 110,320 (113,313) (150,009) (153,002)
Comparatives
for movement		 in funds
Net Transfers
movement between At
At 1.1.21
8		 in funds
f		 funds
F		 31.12.21
6
Unmstrtctsd
funds
General unrestdcted fund 82,200 21,642 (15,000) 88,842
Designated
repair fund		 30.000 (30,000)
112,200 21,642 (45,000) 88,842
Restricted funds
Extraordinary
repair		 fund 81,534
Endowmentfunds
Capital held in buildings and investments 1,601,767 149,075 1,750,842
TOTAL FUNDS 1,750,501 170,717 1,921,218
Comparative
net movement		 in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses
f		 in funds
6
Unmstricted
funds
General unrestricted fund 109,509 (87,857) 21,642
Endowmentfunds
Capital held in buildings and investments (3,447) 152,522 149,075
TOTALFUNDS 109,509 (91,314) 152,522 170,717