2022-03-31-accounts

				Page
Trustees' annual report				1-4
Independent examiner's report	to the trustees
Statement of financial activities	(including	income and expenditure	account)
Statement of financial position
Notes to the financial statements
The following pages do not form part		ofthe financial statements
Detailed statement of financial	activities

					2022		2021
				Unrestricted	Endowment
				funds	fund	Total funds	Totalfunds
			Note	2	2	2	2
Income and endowments
Charitable activities			4	87,876		87,876	75,613
Investment income			5	45,039		45,039	40,773
Total income				132,915		132,915	116,386
Expenditure
Expenditure on charitable		activities	6,7	140,819		140,819	55,526
Other expenditure			8	16,446		16,446	15,173
Total expenditure				157,265		157,265	70,699
Net income/(expenditure)				(24,350)		(24,350)	45,687
Gains/(losses) on investments					69,465	69,465	235,650
Net movement in funds				(24,350)	69,465	45,115	235,650
Reconciliation offunds
Total funds brought	forward			139,291	2,611,184	2,750,475	2,469,138
Total funds carried	forward			114,941	2,680,649	2,795,590	2,750,475

3t March 2022
			2022	2021
		Note	2	2
Fixed assets
Tangible fixed assets		13	1,500,000	1,500,000
Investments		14	1,272,115	1,180,108
			2,772,115	2,680,108
Current assets
Debtors		15	1,200	1,168
Cash at bank and in	hand		31,328	79,484
			32,528	80,652
Creditors: amounts	falling due within one year	16	9,053	10,285
Net current assets			23,475	70,367
Total assets less current liabilities			2,795,590	2,750,475
Net assets			2,795,590	2,750,475
Funds ofthe charity
Endowment fund			2,680,649	2,611,184
Unrestricted funds			114,941	139,291
Total charity funds		17	2,795,590	2,750,475

				Unrestricted	Total	Funds	Unrestricted	Total	Funds
				Funds		2022	Funds		2021
				2		2
Income	from	charitable	activities	87,876		87,876	75,613		75,613

Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022	Funds	2021
		2	2
Rents received		11,440	11,440	11,612	11,612
Interest and dividends	from investment
portfolio		33,593	33,593	29,151	29,151
Deposit account interest		6	6	10	10
		45,039	45,039	40,773	40,773

		Unrestricted	Endowment	Total Funds
		Funds	Fund	2022
		6		2
Direct charitable	activities	126,305		126,305
Support costs		14,514		14,514
		140,819		140,819
		Unrestricted	Endowment	Total Funds
		Funds	Fund	2021
		2	2	2
Direct charitable	activities	38,910		38,910
Supportcosts		16,616		16,616
		55,526		55,526

Support	cost	s cons	ist entirely of governance costs	for both 2022 and 2021 and comp	rise:
				2022	2021
				2
Trustees	expenses			173
Trustees	indemnity		insurance	381		381
Accountancy				2,880		2,280
Professional		fees		11,080		13,955
Total				14,514		16,616

			Activities
			undertaken		Total funds	Total fund
			directly Support costs		2022	2021
					8	6
	Charitable	activities	126,305	14,514	140,819	55,526
			126,305	14,514	140,819	55,526
8.	Other expenditure

8.	Other expe	nditure
								Unrestricted	Endowment	Total funds	Total fund
								Funds	Fund	2022	2021
									6	8
	Portfolio management			fees				11,192		11,192	10,224
	Rent collection costs		re investment
	property							1,315		1,315	1,680
	Investment	property	repairs			&
	expenses							3,939		3,939	3,269
	Other expenses
								16,446		16,446	15,173
9.	Net income/(expenditure)
	Net income/(expenditure)				is	stated after		charging/(crediting):
										2022	2021
										6	2
	Depreciation	of tangible		fixed assets
10.	Independent	examination				fees
										2022	2021
										8
	Fees payable to the		independent				examiner for:
	Independent	examination			of	the financial		statements		1,400	1,200

angible fixed assets
		Fixtures,
	Freehold	Fittings and
	property	Equipment	Total
		2	2
At valuation
At 1 April 2021	1.500,000		1,500,000
Additions
At 31 March 2022	1,500,000		1,500,000
Depreciation
At 1 April 2021
Charge for the year
At 31 INarch 2022
Carrying amount
At 31 March 2022	1,500,000		1,500,000
At 31 March 2021	1,500,000		1,500,000

At market value		Total
At 1 April 2021		1,180,108
Additions		74,600
Disposals		(87,101)
Unrealised gains/(losses)	for the year	69,465
Portfolio Bank account movements		35,028
Accrued income adjustment		15
At 31 March 2022		1,272,115

Debtors
		2022	2021
		2
Prepayments		1,200	1,168
		1,200	1,168
Creditors: amounts	falling due within one year
		2022	2021
		2	2
Other creditors		6,264	7,657
Accru ala		2,789	2,628
		9,053	10,285

Unrestri	cted funds
									At
		At	1	April 21	Income	Expenditure	Transfers	31 March	22
				2	2	2
General	funds			139,291	132,915	(157,265)		114,941
									At
		At	1	April 20	Income	Expenditure	Transfers	31 March	21
				2	2			6
General	funds			93,604	116,386	(70,699)		139,291

Restricted	funds
							At
		At	1 April 21	Income	Expenditure	Gains/(losses)	31 March 22
			2
Endowment	Fund		2,611,184			69,465	2,680,649
							At
		At	1 April 20	Income	Expenditure	Gains/(losses)	31 March 21
			2	2
Endowment	Fund		2,375,534			235,650	2,611,184

18	. Analysis	of net as	s	ets betw	ee	n fund	s
											Unrestricted		Endowment	Total Funds
												Funds	Fund	2022
												2	2	2
	Tangible	fixed assets											1,500,000	1,500,000
	Investments											91,466	1,180,649	1,272,115
	Current assets											32,528		32,528
	Creditors	less than	1	year								(9,053)		(9,053)
	Net assets										114,941		2,680,649	2,795,590
											Unrestricted		Restricted	Total Funds
												Funds	Funds	2021
	Tangible	fixed assets											1,500,000	1,500,000
	Investments											68,924	1,111,184	1,180,108
	Current assets											80,652		80,652
	Creditors	less than	1	year								(10,285)		(10,285)
	Net assets										139,291		2,611,184	2,750,475
19.	Financial	instruments
	The carrying amount			for each	category		of	financial		instrument		is as follows:
													2022	2021
													E
	Financial	assets that are debt				instruments			measured		at amortised		cost
	Financial	assets that		are debt	instruments			measured		at	amortised
	cost												1,200	1,168
	Financial	liabilities		measured		at amortised			cost
	Financial	liabilities measured			at amortised			cost					9,053	10,285