2022-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to 5
Statement ofTrustees'	Responsibilities
Independent Auditors'	Report	7to9
Statement ofFinancial	Activities	10to 11
Balance Sheet		12
Cash Flow Statement		13
Notes to the Financial	Statements	14to 26

	Budget	Actual
Reliefofthose in need	200,000	97,142	(note 6)
Education	200,000	89,304	(note 6)
	400,000	186,446

				Unrestricted	funds	Restricted	Total
				Designated	General	funds	2022
			Note
Income and Endowments			from:
Donations and legacies			2			2,500	2,500
Investment income			3		510,954		510,954
Other income					50,000		50,000
Total Income					560,954	2,500	563,454
Expenditure on:
Raising funds				(27,470)	(67,259)		(94,729)
Charitable activities					(241,409)	(1,000)	(242,409)
Other expenditure					(6,147)		(6,147)
Total Expenditure				(27,470)	(314,815)	(1,000)	(343,285)
Gains/losses on investment
assets					1,253,391		1,253,391
Net (expenditure)/income				(27,470)	1,499,530	1,500	1,473,560
Gross transfers between		funds		50,148	(50,148)
Net movement in funds				22,678	1,449,382	1,500	1,473,560
Reconciliation offunds
Total funds brought	forward			417,157	7,672,438	15,810	8,105,405
Total funds carried	forward		15	439,835	9,121,820	17,310	9,578,965

				Unrestricted	funds
						Restricted	Total
				Designated	General	funds	2021
			Note
Income and Endowments			from:
Donations and legacies			2			2,000	2,000
Investment income			3		461,434		461,434
Other income					100		100
Total Income					461,534	2,000	463,534
Expenditure on:
Raising funds				(4,703)	(76,475)		(81,178)
Charitable activities					(303,385)	(1,000)	(304,385)
Other expenditure					(248)		(248)
Total Expenditure				(4,703)	(380,108)	(1,000)	(385,811)
Gains/losses on investment
assets					393,516		393,516
Net (expenditure)/income				(4,703)	474,942	1,000	471,239
Gross transfers between		funds		45,000	(45,000)
Net movement in funds				40,297	429,942	1,000	471,239
Reconciliation offunds
Total funds brought	forward			376,860	7,242,496	14,810	7,634,166
Total funds carried	forward		15	417,157	7,672,438	15,810	8,105,405

						2022	2021
					Note
Fixed assets
Investments					9, 10	8,047,242	6,727,926
Current assets
Debtors					11	48,482	39,545
Investments					12	500,129
Cash at bank	and	in hand			13	1,051,267	1,403,297
						1,599,878	1,442,842
Creditors: Amounts			falling due within	one year	14	(68,155)	(65,363)
Net current	assets					1,531,723	1,377,479
Net assets						9,578,965	8,105,405
Funds ofthe charity:
Restricted income funds
Restricted funds						17,310	15,810
Unrestricted	income		funds
Unrestricted	funds					6,822,241	6,603,572
Revaluation	reserve					2,739,414	1,486,023
Total unrestricted		funds				9,561,655	8,089,595
Total funds					15	9,578,965	8,105,405

				2022	2021
			Note
Cash flows from operating activities
Net cash income				220,169	77,723
Adjustments to cash flows from non-cash items
Investment income				(510,954)	(461,432)
				(290,785)	(383,709)
Working capital adjustments
Increase in debtors			11	(8,937)	(27,562)
Increase/(decrease) in creditors			14	2,492	(20,283)
Increase in deferred income				300	46,456
Net cash flows from operating	activities			(296,930)	(385,098)
Cash flows from investing activities
Interest receivable and similar	income		3	510,584	461,112
Purchase ofinvestments			9, 12	(567,554)	(249,690)
Sale ofinvestments			10	1,500
Income from dividends			3	370	322
Net cash flows from investing	activities			(55,100)	211,744
Net decrease in cash and cash	equivalents			(352,030)	(173,354)
Cash and cash equivalents at I January				1,403,297	1,576,651
Cash and cash equivalents at 31December				1,051,267	1,403,297
Reconciliation ofnet cash flow to movement		in net funds
Decrease in cash				(352,030)	(173,354)
Net funds at I January 2022				1,403,297	1,576,651
Net funds at 31December 2022				1,051,267	1,403,297

2	Income from	donations	and legacies
					Restricted	Total
					funds	funds
Donations and legacies;
	Donations Irom	individuals			2,500	2,500
Total for 2022					2,500	2,500
Total for 2021					2,000	2,000
3	Investment income
				Unrestricted
				funds	Total	Total
				General	2022	2021
Income from dividends;
	Dividends receivable from		other listed investments	370	370	322
Interest receivable		and similar income;
	Interest receivable on bank		deposits	2,351	2,351	991
	Interest receivable on other		loans	6,750	6,750	6,750
Income from rents				501,483	501,483	453,371
				510,954	510,954	461,434

						Unrestricted	funds	Total
						Designated	General	2022
Other investment		management		costs;
	Property utility	costs					2,861	2,861
	Property insurance costs						8,681	8,681
	Property repairs, renewals		and maintenance			27,470		27,470
	Property management commission,				legal fees
	etc						55,717	55,717
						27,470	67,259	94,729
						Unrestricted	funds	Total
						Designated	General	2021
Other investment		management		costs;
	Property utility	costs					1,151	1,151
	Property insurance costs						7,392	7,392
	Property repairs, renewals		and maintenance			4,703		4,703
	Property management commission,				legal fees
	etc						67,932	67,932
						4,703	76,475	81,178
5	Expenditure	on charitable		activities
						Unrestricted
						funds	Restricted	Total
						General	funds	funds
Relief for those in need - grants				to
individuals						56,240		56,240
Relief for those in need - grants				to
institutions						40,902		40,902
Education - grants		to individuals				88,304	1,000	89,304
Governance costs						55,963		55,963
Total for 2022						241,409	1,000	242,409
Total for 2021 - (see analysis			below)			303,385	1,000	304,385

				Unrestricted
				funds	Restricted	Total
				General	funds	2021
			Note
Relief for those in need - grants to
individuals				51,523		51,523
Relief for those in need - grants to
institutions				83,760		83,760
Education -	grants to individuals			121,218	1,000	122,218
Governance	costs			46,884		46,884
				303,385	1,000	304,385
Governance	costs				2022	2021
Trustees expenses					144	320
Sundry and	other costs				35	132
Advertising	and promotion				370	448
Accountancy	and bookkeeping				19,454	14,031
Auditors' remuneration					13,927	12,450
Clerks and administration		fees			21,481	18,939
Trustees insurance					552	564
					55,963	46,884

Analysis ofgrants
	Grants to	institutions	Grants to	individuals
	2022	2021	2022	2021
Analysis
Reliefofthose in need	40,902	83,760	56,240	51,523
Education			89,304	122,218
	40,902	83,760	145,544	173,741

Below are details ofmaterial grants	m	ade to institutions.
				2022	2021
Name ofinstitution		Activity
B1andford Opportunity Group		Reliefofthose in need			15,000
Sturminster -Amateur boxing club		Reliefofthose in need		2,000	1,211
Blandford - Stour valley canoe club		Reliefofthose in need			5,000
Blandford Rugby Club		Reliefofthose in need			1,000
Blandford - Age concern		Reliefofthose in need			20,000
Blandford - legion club		Reliefofthose in need			1,122
Miscellaneous -under K1,000 each		Relief ofthose in need		1,300	2,100
Shaitesbury open house org		Relief ofthose in need		2,000
Shaitesbury Car link		Reliefofthose in need		2,800
Sturminster Home Start N Dorset		Relief ofthose in need		5,000
Shaitesbury School		Reliefofthose in need			9,000
Shattesbury Girl Guides		Reliefofthose in need			15,000
Sturminster DC Williams Barnes School		Reliefofthose in need		1,161
Sturminster High School		Reliefofthose in need		14,641	14,127
Sturminster Blackmore Vale Charity		Reliefofthose in need		10,000
Panda Pre-School		Relief ofthose in need		2,000
Sturminster -Friends ofStour Connect		Reliefofthose in need			200
				40,902	83,760
7 Staff costs
The aggregate payroll costs were as	follows:
			2022		2021
Staff costs during the year were:
Other staff costs				21,481	18,939
Staff costs are the fees charged by Symonds and Sampson who provide the			stewardship	function.
No employee received emoluments	of	more than f60,000 during the year
8 Auditors' remuneration
			2022		2021
Audit ofthe financial statements				13,927	12,450
Other fees to auditors
All other non-audit services				10,288	5,319

Investment properties
	Investment
	properties
Cost or Valuation
At 1 January 2022	6,247,433
Revaluation	1,255,142
Additions	67,425
At 31December 2022	7,570,000
Provision
At 31December 2022
Net book value
At 31December 2022	7,570,000
At 31December 2021	6,247,433

	Listed
	investments	Total
Cost or Valuation
At 1 January 2022	13,493	13,493
Revaluation	(1,751)	(1,751)
At 31December 2022	11,742	11,742
Net book value
At 31December 2022	11,742	11,742
At 1 January 2022	13,493	13,493
10 Social investments
Programme related investments
	Programme
	Related
	Investments	Total
Cost
At 1 January 2022	467,000	467,000
Repayments	(1,500)	(1,500)
At 31December 2022	465,500	465,500
Provision
At 31December 2022
Net book value
At 31December 2022	465,500	465,500
At 1 January 2022	467,000	467,000

11 Debtors
				2022	2021
Trade debtors				23,397	16,149
P repayments				25,085	23,396
				48,482	39,545
12 Current	asset investments
					2022
Cash deposits	- Flagstone				500,129
13 Cash and	cash equivalents
				2022	2021
Cash at bank				791,911	1,144,071
Short-term deposits				259,356	259,226
				1,051,267	1,403,297
14 Creditors: amounts		falling due within	one year
				2022	2021
VAT liability				8,379	10,807
Accruals				13,020	8,100
Deferred income				46,756	46,456
				68,155	65,363

		Balance at 1 Jan 2022	Incoming resources	Resources expended	Other T f . d ransfers recognised . & gains osses	Other T f . d ransfers recognised . & gains osses	Other T f . d ransfers recognised . & gains osses	Other T f . d ransfers recognised . & gains osses	Other T f . d ransfers recognised . & gains osses	Balance at 31 December
Restricted	funds
Mr RConnell (Orbis)		4,310	2,500	(1,000)						5,810
M Owen		11,500								11,500
		15,810	2,500	(1,000)						17,310
General funds
Revaluation	reserve	1,486,023					1,253,391			2,739,414
Unrestricted	income funds	6,186,415	560,954	(314,815)		(50,148)			-	6,382,406
		7,672,438	560,954	(314,815)		(50,148)	1,253,391			9,121,820
Designated	funds
Property repairs fund		127,157		(27,470)		50,148				149,835
Committed	grants	290,000								290,000
		417,157		(27,470)		50,148				439,835
Total funds		8,105,405	563,454	343,285			1,253,391			9,578,965
		Balance at 1 Jan 2021	Incoming resources	Resources expended	Other . Transfers recognised . & 1 gainsl(losses)					Balance at 31 December 202
Restricted	funds
Mr RConnell (Orbis)		4,310								4,310
M Owen		10,500	2,000	(1,000)						11,500
		14,810	2,000	(1,000)						15,810
General fund
Revaluation	reserve	1,092,507						393,516		1,486,023
Unrestricted	income fund	6,149,989	461,534	(380,108)		(45,000)			-	6,186,415
		7,242,496	461,534	(380,108)		(45,000)		393,516		7,672,438
Designated	funds
Property repair funds		131,860		(4,703)						127,157
Committed	grants	245,000				45,000				290,000

		376,860		(4,703)	45,000		417,157
Total	funds	7,634,166	463,534	(385,811)		393,516	8,105,405

Committed	grants:		2022	2021
Shaftesbury	Town Silver Band		40,000	40,000
Sturminster	Newton Youth Provision	~	250,000	250,000
			290,000	290,000

16 Analysis ofnet assets between funds
	Unrestricted		funds	Restricted
	General	Designated		funds
Investment property	7,570,000				7,570,000
Fixed asset investments	11,742				11,742
Programme related investments	465,500				465,500
Current assets	1,142,733		439,835	17,310	1,599,878
Current liabilities	(68,155)				(68,155)
Total net assets	9,121,820		439,835	17,310	9,578,965
	Unrestricted fund General Designated			Restricted funds	Total at 31 December 2021
Investment property	6,247,433				6,247,433
Fixed asset investments	13,493				13,493
Programme related investments	467,000				467,000
Current assets	1,009,875		417,157	15,810	1,442,842
Current liabilities	(65,363)				(65,363)
Total net assets	7,672,438		417,157	15,810	8,105,405