| Contents | Page |
|---|---|
| Gpneraliafonrntion | I |
| Trustces' report | 2-4 |
| Independsntex4mitrer'sreport to tlre trustees | 5 |
| Sta&mentoffinarcialactivities | 6 |
| Balancssheet | ,7 |
| Notostoacconnts | 8-11 |
| Summaryincomeand expendirureaccoultt | 12 |
| ProperryrcYsnueaccount | 13 |
| Generalincomeand expeuditureacc&utt(nou-housingactivities) | 14 |
| Fixedassetinvestrrrgrtts | 15 |
| STATEMENTOFFINANCIALAC | TTVITIE | S | |
|---|---|---|---|
| Note | 2$22 | 2027 | |
| INCOMINGRESOURCES | |||
| Incomingresourcesfromcharitable | |||
| activities | 98,0',73 | 95,2',72 | |
| Investment income | 2t.799 | 20.363 | |
| 119.872 | 115.635 | ||
| RESOURCES E)(PENDDD | |||
| Costsolchanlableactivi ties | 63,320 | 67,676 | |
| Governance costs | 10,895 | 9,547 | |
| 74,215 | 77,223 | ||
| NETMO\rEMENTIN TUNDSTOR THE | 45,657 | 39,412 | |
| FINANCIALYEAR | |||
| Balancesbroughtfomzard | 1,048"516 | 1,010,104 | |
| BALANCE CARRMD F'ORWARI} | lrog4rl73 | 1,048,516 |
| Note | 2$22 | zt21 | |
|---|---|---|---|
| F'D(EDASSETS Tangibleassets Investments |
6 7 |
371,334 536,082 |
382,632 476,082 |
| 907,416 | 858,714 | ||
| CURRENTASSETS | |||
| Debtors | 1,585 | 1,852 | |
| Cash atbank andinhand | 189,070 | 19l,64l | |
| 190,655 | 193,493 | ||
| CREDITORS:Amountsfallingduewithinoneyear | 8 | 3,898 | 3.691 |
| NET CURRENTASSETS | 186,751 | 189,802 | |
| TOTALASSETS LESSCURNENTLIABILITMS | __Jptil!_ | -lpg:19 | |
| RESERVES | |||
| Unrestrictedfund | 10076,173 | 1,030,516 | |
| Revaluationrese(ve(unreslrictedfund) | ,18,000 | 18,000 | |
| 10094,173 | 1,048,516 |
| IRccme | ||||
|---|---|---|---|---|
| 2022 | 2t2l | |||
| L | *. | |||
| Housing | activities | 92,36t | 91,561 | |
| Geneul | charitable | activities | 5,712 | 3,71r |
| ___2!,021_ | 05?7) |
| 2022 | 2021 | |
|---|---|---|
| *, | f, | |
| Investment income | 200530 | 18,334 |
| Bankdepositinterest | 1,269 | 2,435 |
| Donations&miscellaleous | ||
| aJ22__ | 20;6e_ | |
| Allocatedto: | ||
| Housing activities | 1,425 | L,426 |
| General charitableactivities | 20,374 | 18,943 |
| J1122_ | 24369 | |
| OPERATINGSURPLUS | ||
| 2022 | 2021 | |
| f. | f, | |
| Operatingsurplus isafter charging: | ||
| Depreciation | 11,298 | 11,298 |
| Reporting accountant's remuneration | \a2s | 960 |
| ANGIBLEBD(EDASSITS | ||||||
|---|---|---|---|---|---|---|
| Housing | Stock | |||||
| Agricultural Freehold Land |
Freehold Land *.s.L |
Freeholtl Buildings |
Total | |||
| *. | ||||||
| Costorvaluation OpeningbalanceatIAPil2021 |
143,000 | 461,52]' | 610,521 | |||
| Additions | 11t{qq | 467.521 | 610,521 | |||
| Depreciation At1April2021 Chargefortheyear At3lMarch2022 |
227,889 n.298 239.187 |
22'.7,889 11.298 239"18',7 |
||||
| Netbook value | ||||||
| At3lMarch2022 | #: | - | 143,000 | 228,334 : |
371.334 | |
| At31March2021 | - | 143,000 | 239.632 | 382"632 |
| 'D(ED ASSETII{{ESTMENTS | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Cost | Market | Cost | Market | ||
| value | value | ||||
| Costandvaluationatyear end | f, | s. | s, | L | |
| Fixedirterest | |||||
| Charinco incomeshares | 13,267 | t4,780 | 13,267 | 14,859 | |
| Charishareincomeshares | 10, 191 | 29.467 | 10,191 | 28,918 | |
| 23,458 | 44,247 | 23,458 | 43,777 | ||
| Other | |||||
| Listedinvestrnents | 25,166 | 49,252 | 25,166 | 45,260 | |
| CharitiesOfficialInvestmentFund | 487,458 | t,r70,'753 | 42',1,458 | 1,010,097 | |
| 5t2"624 | 1,22A,A05452,624 | 1,055,357 | |||
| Total | s36.082 :: |
1.264.252 476.082 | 1.099,i34 | ||
| Cost-movementduringtheYear | 2022 f, |
2A2r f, |
|||
| AtlAprn202l | 476,082 | 421,482 | |||
| Disposals Additions |
60,000 | 55,000 | |||
| At3lMarch2022 | -llgpgr- | __475e._ |
| CREDITORS: AMOUNTSFALLINGD | UEAX'TERMORETEANONEYDA | R |
|---|---|---|
| 2022 | 2021 | |
| f, | *. | |
| Sundry accruals | 3.899 | 3.69t |
| 2A22 fg |
2021 | |
|---|---|---|
| r*OPEBTYREVENUEACCOUNT | ||
| $urplosfortheyear(page13) | 45i851 | 58,839 |
| GENEBALINC.OMTANIIEXPINDITURX.AECOIINT | ||
| (NON-HOUSINGACTwITTES) | ||
| Surptus/Pefici0fcrtheyear(@gB14) | (19-4) | Qq'4ry) |
| Netsurplusfortheyear | --459.- | lgJlz- |
| STATEMENTOF'F'INANCIAL ACTTVITIES TROPIRTYREYENUEACCOUNT Yearended3l*\arcb2022 |
||
|---|---|---|
| 2fi22 | 2021 | |
| f, | f, | |
| IIOUSING INCOME | ||
| Properlyrents receivable | 92,361 | 91,561 |
| OTHER INCOME | ||
| Bankdepositinterest | 142 | r42 |
| Investrnenlirrcome | L,283 | 1,283 |
| r,425 | 1,426 | |
| TOTALINCOME | 93,786 | 92.987 |
| EXPENDITURE | ||
| Insurance | 3,fiA | 2,704 |
| Electricity&gas | 52 | 6t |
| Maintenance of properties | 31,400 | 14,684 |
| Maintenance ofgrounds andequipment | 1,0'15 | 4,509 |
| Propertymanagement costs | 232 | 232 |
| Accountant'sremuneration | 620_ | 660_ |
| Bankcharges | ||
| Professional fees | ||
| Sundry | 88 | |
| Depreciation ofbuildings | LL,298 | rt,298 |
| Totalmanagement costs | 47,935 | 34,148 |
| SURPLUS TRANSTERREDTOSI]MMARY | ||
| INCOME AND E}GENDITURE ACCOUNT | 45,851 | 58,839 |
| GENERAL INCOME AND EXPENDITURE (NON.HOUSINGA Yearended3lNlareh2022 |
CTIVITIES) | |
|---|---|---|
| 2422 | 2021 | |
| f | g. | |
| INCOME | ||
| Agriculturalrents receivable | 5,712 | 3,711 |
| OTIIERINCOME | ||
| Investrnent irrcome | 19,247 | 17,051 |
| Bankdepositinterest | r,t2'7 | 1"893 |
| Donations&miscellaneous | ||
| 20,374 | 18,944 | |
| TOTALINCOME | 26,086 | 22,6ss |
| E)(PENDITURE | ||
| Clerk'scosts | 9,289 | 8,000 |
| Accountant'sremuneration | 525 | 300 |
| CharityAid | t5,235 | 33"208 |
| Donations&miscellaneous | 650 | 987 |
| Trustee insurance | 581 | 587 |
| 26,284 | $,082 |
|
| SURPLUS(DEFICIT)TRANSF'ERREDTO | ||
| SUMMARY INCOME AND EXPENDITURE ACCOUNT | --_pa- | @,4ry |
| F'D(ED ASSETINVESTMENTS Yearended3lMarch2022 |
|||||||
|---|---|---|---|---|---|---|---|
| 3lNlarch2022 | 31 | ll{arch2021 | |||||
| Ilolding | Book value |
Market value |
Holding | Book value |
Market value |
||
| sg | f, | f, | |||||
| NANROWERRANGE | |||||||
| INVESTMENTS CharincoCommonlnvestment |
7,946.133 13,26'7 | 14,780 | 7,946.L33L3,261 | L4,859 | |||
| Fund (Fixed Intercst) ClrarishareCommonlnvestment |
5"487.339 10,191 | 29,467 | 5,48'7.33910,191 | 28,9L8 | |||
| Fund | |||||||
| 23,458 | 44,247 | 23,458 | 43,777 | ||||
| WII}ERRANGE II\T\zESTMENTS '(seetrelcw) |
25,166 | 49,252 | 25,166 | 45,260 | |||
| SPECIAL RANGE | |||||||
| INI.'ESTMENTS | |||||||
| CharitiesOfficialInvestment | |||||||
| Fund Incomeshares GlobalEquiS,Fund Accumulationshares |
5,t73.61 217,230.t t,904.28 |
427,458 4L,146 380,000 6,3t2 |
t,fi4,753 t04,507 618,169 448,477 |
5,t73.6t 193,399.4 L944.28 |
3',72,458i.010.097 4L,L46 92,556 325,000 526,783 6,3L2 390,158 |
||
| TOTALII\TVESTMENTS | 476,028 | 1,264,252 | 42t,082 | 1,099,t34 | |||
| WIDERRANGE INVESTMENTS |
Holding | Booh Value f,gf.f, |
Market yalue |
Hclding | Book Value |
Market value |
|
| M&G Charitund | |||||||
| Incomeshares | 638 | 2.515 | 9,8L2 | 638 | 2,515 | 9.394 | |
| CiS,Financial MMGrowthAccount |
8,000 | 22,651 | 39,44A | 8,000 | 22,651 | 35,866 | |
| Accumulationshares | |||||||
| ?1,ry9 | *_4e2s2__ | _u]66___l:@__ |