##
##
##
|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees'
Report||2to 5|
|Statement ofTrustees'|Responsibilities||
|Independent
Auditors'|Report|7to10|
|Statement
of Financial|Activities|11to 12|
|Balance Sheet||13|
|Cash Flow Statement||14|
|Notes to the Financial|Statements|15to 28|
##
##
||||Refer|ence and Administ|ence and Administ|ence and Administ|rative|
|---|---|---|---|---|---|---|---|
|Nominative||Trustees||Ms Vde Galleani||||
|||||Mr M Rowley||||
|Publically||Nominated|Trustees|Mr R Springett||||
|||||Mrs J Cawley,||Chair||
|||||Mrs BFleet||||
|||||Mr BFrench||||
|||||Mr M Tremlett||||
|||||Mr G Hardy||||
|||||Ms L Osgood,||Vice Chair||
|Principal|Office|||38Victoria|Road|||
|||||Dartmouth||||
|||||Devon||||
|||||TQ6 9SA||||
|Charity Registration|||Number|203399||||
|Solicitors||||Foot Anstey|LLP|||
|||||2 Glass VVharf||||
|||||Bristol||||
|||||BS2OFR||||
|Bankers||||National
Westminster|||Bank pic|
|||||Paignton||||
|||||15Victoria|St|||
|||||Paignton||||
|||||Devon||||
|||||TQ4 5DE||||
|Auditor||||Thompson|Jenner LLP|||
|||||1 Colleton Crescent||||
|||||Exeter||||
|||||Devon||||
|||||EX24DG||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Stateme|nt ofF|inancial A|ctivities f|or the Year En|ded 30April|2023|
|---|---|---|---|---|---|---|
|||||||Total|
|||||Unrestricted|Endowment|2023|
||||Note|f|E||
|Income and Endowments||from:|||||
|Donations
and legacies||||359,916||359,916|
|Charitable
activities||||156,055||156,055|
|Investment
income||||21,689||21,689|
|Total income||||537,660||537,660|
|Expenditure
on:
Charitable
activities|||5, 6, 7, 8|(225,959)||~225,959)|
|Total expenditure||||225,959||(225,959)|
|Net income||||311,701||311,701|
|Other recognised
gains and losses
Net gains on investments|||14|~I4,679||(4,679)|
|Net movement
in funds||||307,022||307,022|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||3,335,093|1,680,000|5,015,093|
|Total funds carried|forward||18|3,642,115|1,680,000|5,322,115|
##
##
|Statement of|Financi|al Activitie|s for the|Year Ended 3|0April 2023|(continued)|
|---|---|---|---|---|---|---|
|||||||Total|
||||Note|Unrestricted
E|Endowment|2022f|
|Income and Endowments||from:|||||
|Donations
and legacies||||328,938||328,938|
|Charitable
activities||||136,961||136,961|
|Investment
income||||8,394||8,394|
|Total income||||474,293||474,293|
|Expenditure
on:
Charitable
activities|||5, 6, 7, 8|(210,205)||~210,2051|
|Total expenditure||||~210,205||(210,205)|
|Net income||||264,088||264,088|
|Other recognised|gains and losses||||||
|Net gains on investments|||14|3,784||3,784|
|Net movement
in funds||||267,872||267,872|
|Reconciliation
of|funds||||||
|Total funds brought|forward|||3,067,221|1,680,000|4,747,221|
|Total funds carried|forward||18|3,335,093|1,680,000|5,015,093|
##
|||Balance Sheet as at|30April 20|23||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|f.|F|
|Fixed assets||||||
|Tangible assets|||13|4,232,859|3,900,849|
|Investments|||14|261,538|264,772|
|||||4,494,397|4,165,621|
|Current assets||||||
|Debtors|||15|9,837|10,481|
|Cash at bank and|in hand||16|830,539|845,738|
|||||840,376|856,219|
|Creditors: Amounts||falling due within one year|17|12,658|6,747)|
|Net current assets||||827,718|849,472|
|Net assets||||5,322,115|5,015,093|
|Funds ofthe charity:||||||
|Endowment||||1,680,000|1,680,000|
|Unrestricted||||3,642,115|3,335,093|
|Total funds|||$8|5,322,115|5,015,093|
##
##
|Cash Flow|Statement|for the Ye|ar Ended 3|0April 2023||
|---|---|---|---|---|---|
||||Note|2023f|2022
F|
|Cash flows from operating|activities|||||
|Net cash income||||307,022|267,872|
|Adjustments
to cash flows|from non-cash|items||||
|Investment
income|||4|(21,689)|(8,394)|
|Revaluation
of investments|||14|4,679|(3,784|
|||||290,012|255,694|
|Working capital adjustments||||||
|Decrease
in debtors|||15|644|2,328|
|Increase/(decrease)
in creditors|||17|2,720|(2,609)|
|Increase
in deferred
income||||3,191|689|
|Net cash flows from operating|activities|||296,567|256,102|
|Cash flows from investing
activities||||||
|Interest receivable
and similar|income||4|21,689|8,394|
|Purchase
oftangible
fixed assets|||13|(332,010)|(416,952)|
|Purchase
of investments|||14|(1,445)|(1,445)|
|Net cash flows from investing|activities|||(311,766)|(410,003)|
|Net decrease
in cash and cash equivalents||||(15,199)|(153,901)|
|Cash and cash equivalents
at 1 May||||845,738|999,639|
|Cash and cash equivalents
at 30 April||||830,539|845,738|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|||
|---|---|---|---|---|---|---|
||||||Total|Total|
|||||General|2023|2022|
|Donations|and|legacies;|||||
|The Dartmouth|||Trust|359,916|359,916|304,396|
|Grants,
including|||capital grants;||||
|Government||grants||||1,542|
|Grants|from|companies||||23,000|
|||||359,916|359,916|328,938|
##
##
##
||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total|Total|
||||General|2023|2022|
||||E|E|f'|
|Contributions||paid by residents|145,050|145,050|125,561|
|Car parking|||8,995|8,995|9,030|
|Guest suite|||1,365|1,365|1,630|
|Laundry|income||645|645|740|
||||156,055|156,055|136,961|
##
|4|Investment
inc|ome||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|Total|Total|
||||General
f|2023f|2022
F|
|Interest receivable||on bank deposits|13,685|13,685|599|
|Other income from||fixed asset investments|8,004|8,004|7,795|
||||21,689|21,689|8,394|
|5|Direct Costs|||||
|5
Direct|Costs||||
|---|---|---|---|---|
||||Total|Total|
||||2023'|2022|
|Call 24|||1,135|1,507|
|Cleaning|and removal|costs|413|468|
|Television|licences|||524|
|Property|and contents|insurance|5,936|5,402|
|Health and safety|||2,768|6,598|
|Gas and|electric||15,183|10,709|
|Water charges|||5,232|4,780|
||||31,211|29,988|
##
##
##
|||||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|Legal and professional||||fees||11,095|10,458|
|Advertising|||||||454|
|Sundry|expenses|||||545|2,383|
|Staff training||||||380|75|
|Subscriptions||to|Almshouses||Association||319|
|Trustee|indemnity||insurance|||278|272|
|Property|repairs||and refurbishments|||50,559|33,740|
|Wages|and|salaries||||31,879|26,845|
|||||||95,079|74,546|
##
||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2023|2023|2023|2022|
|Governance|Auditors'|remuneration|2,600||2,600|2,600|
|Governance|Auditors'|non audit costs|1,810||1,810|1,810|
|Governance|expense|—wages and salaries|3,542||3,542|2,983|
||||7,952||7,952|7,393|
##
##
##
##
|Analysis|ofgrants|||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||f.|E|
|Analysis||||||
|individuals|donations|||8,640|4,930|
|Citizens Advice South Hams||||14,768|16,490|
|Dartmouth|Caring|||50,000|60,000|
|Dartmouth|Academy|||6,800|8,020|
|StJohns School Friends and|||Governors|1,589||
|The Flavel||||2,232||
|Dartmouth|Preschool|||3,688||
|Dartmouth|Youth Group|||4,000||
|Dartmouth|Community|Chest|||840|
|Youth Genesis|||||7,998|
|||||91,717|98,278|
|9
Net incoming/outgoing|||resources|||
|Net incoming
resources||for the year include:||||
|||||2023f|2022
E|
|Audit fees||||2,600|2,600|
|Other non-audit
services||||1,8'IO|1,990|
##
##
##
##
##
##
##
|13Tangible fixed assets||||
|---|---|---|---|
|||Properties||
||Land and|under||
||buildings|construction|Total|
|Cost||||
|At 1 May 2022|3,900,849||3,900,849|
|Additions|295,495|36,515|332,010|
|At 30April 2023|4,196,344|36,515|4,232,859|
|Depreciation||||
|At 30April 2023||||
|Net book value||||
|At 30April 2023|4,196,344|36,515|4,232,859|
|At 30 April 2022|3,900,849||3,900,849|
##
##
##
##
|Other investment|s||||
|---|---|---|---|---|
||||Listed||
||||investments|Total|
|||||E|
|Cost or Valuation|||||
|At 1 May 2022|||264,772|264,772|
|Revaluation|||(4,679)|(4,679)|
|Additions|||1,445|1,445|
|At 30April 2023|||261,538|261,538|
|Net book value|||||
|At 30April 2023|||261,538|261,538|
|At 30April 2022|||264,772|264,772|
|The investments|are held|in a mixed portfolio.|||
##
|15Debtors||||
|---|---|---|---|
|||2023|2022|
|||f|F|
|Trade debtors||1,432|654|
|Prepayments|and accrued income|8,405|9,827|
|||9,837|10,481|
|16Cash and|cash equivalents|||
|||2023|2022|
|Cash on hand||101|17|
|Cash at bank||830,438|845,721|
|||830,539|845,738|
##
|17Creditors: amounts
falling due within o|ne year||
|---|---|---|
||2023f|2022f|
|Trade creditors|3,525|77|
|Other creditors|870|1,598|
|Accruais|8,263|5,072|
||12,658|6,747|
##
##
##
##
|18Funds||||||||
|---|---|---|---|---|---|---|---|
|||Balance||||Other|Balance|
|||at 1 May|Incoming|Resources||recognised|at 30|
|||2022|resources|expended|Transfers|gains/(losses)|April 2023|
||||E|F||F||
|Unrestricted|funds|||||||
|General||||||||
|Income Account||200,000|537,660|(225,959)|(307,022)|(4,679)|200,000|
|Other||||||||
|Extraordinary||||||||
|repair||83,968|||14,526||98,494|
|Cyclical||||||||
|maintenance|fund|12,890|||||12,890|
|New property||817,386|||(39,514)||777,872|
|Realised capital||||||||
|reserve||100,227|||||100,227|
|Unrealised||||||||
|revaluation|reserve|300,112|||||300,112|
|Property
reserve||1,820,510|||332,010||2,152,520|
|||3,135,093|||307,022||3,442,115|
|Total unrestricted||||||||
|funds||3,335,093|537,660|(225,959)||(4,679)|3,642,115|
|Endowment|funds|||||||
|Permanent||||||||
|Endowment|funds|1,680,000|||||1,680,000|
|Total funds||5,015,093|537,660|(225,959)|-|(4,679)|5,322,115|
##
##
##
##
##
||||Balance||||Other|Balance|
|---|---|---|---|---|---|---|---|---|
||||at 1 May|Incoming|Resources||recognised|at 30|
||||2021|resources|expended|Transfers|gains/(losses)|April 2022|
||||||F|F|F|F|
|Unrestricted||funds|||||||
|General|||||||||
|Income Account|||200,000|451,293|(210,205)|(244,872)|3,784|200,000|
|Other|||||||||
|Extraordinary|||||||||
|repair|||69,442|||14,526||83,968|
|Cyclical|||||||||
|maintenance||fund||||12,890||12,890|
|New property|||993,883|||(176,497)||817,386|
|Realised|capital||||||||
|reserve|||100,227|||||100,227|
|Unrealised|||||||||
|revaluation|||||||||
|reserve|||300,112|||||300,112|
|Property|reserve||1,403,557|23,000||393,953||1,820,510|
||||2,867,221|23,000||244,872||3,135,093|
|Total unrestricted|||||||||
|funds|||3,067,221|474,293|(210,205)||3,784|3,335,093|
|Endowment||funds|||||||
|Permanent|||||||||
|Endowment||funds|1,680,000|||||1,680,000|
|Total funds|||4,747,221|474,293|~210,205)||3,784|5,015,093|
##
##
##
|||||Endowment|Total funds|
|---|---|---|---|---|---|
|||Unrestricted|funds|funds|at 30April|
|||General|Other|Permanent|2023|
|||E|f||E|
|Tangible|fixed assets||2,552,859|1,680,000|4,232,859|
|Fixed asset investments|||261,538||261,538|
|Current|assets|212,658|627,718||840,376|
|Current|liabilities|12,658|||12,658)|
|Total net assets||200,000|3,442,115|1,680,000|5,322,115|
|||||Endowment|Total funds|
|||Unrestricted|funds|funds|at 30April|
|||General|Other|Permanent|2022|
||||||F|
|Tangible|fixed assets||2,220,849|1,680,000|3,900,849|
|Fixed asset investments|||264,772||264,772|
|Current|assets|206,747|649,472||856,219|
|Current|liabilities|6,747)|||(6,747|
|Total net assets||200,000|3,135,093|1,680,000|5,015,093|
##
##
##