|||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| ## ## ## ## ##