2022-12-31-accounts

		For t	he ear ended	31 December 2	022
				Unre-	Endow-	Total	Total
				stricted	ment	Funds	Funds
				Funds	Fund	2022	2021
				E	E	E	E
INCOMING RESOURCES
Donations				223		223	223
Allotment Rents				1,045		1,045	950
Heating Contributions				4,576		4,576	4,576
Maintenance Contributions				25,946		25,946	24,472
Bank Interest
CIFAccumulated and Paid		Income		3496		3496	1 825
TOTAL INCOMING	RESOURCES			235,286		F35,286	f32,046
RESOURCES EXPENDED
Donations				0		0	0
Repairs and Maintenance				8,786		8,786	3,130
Light and Heat				2,359		2,359	2,295
Insurances				928		928	863
Water rates				0		0	27
TV Licence				15		15	15
Clerks Wages				2,700		2,700	2,250
Accountancy				1,094		1,094	1,178
Sundries				381		381	1,408
Subscriptions				146		146	142
Loan Interest				403		403	676
Professional Fees				18		18	0
Rent				0		0	65
Depreciation				278		278	278
TOTAL RESOURCES EXPENDED				F17,108		f17,108	612,327
NET INCOMING RESOURCES				18,178		18,178	19,719
(Loss)/gain on revaluation		of investment	assets	2491		2491	8382
Net Movement in Funds				15,687		15,687	28,101
Total Funds brought	forward			116012	140000	256 012	227 911
TOTAL FUNDS carried forward				131699	140000	271 699	256 012

			BALANCE SH	EET
			As at 31 December	2022
				2022			2021
			E		E
FIXEDASSETS
Tangible Fixed Assets
Freehold Property (Note		4)		140,000			140,000
Fixtures and Fittings (Note 4)					901		1,179
Investments (Note 5)				98	690		87 685
				239,591			228,864
CURRENT ASSETS
Trade Debtors			2,150			1,862
Pre payments Prepaid Planning Costs			0 13,444			0 13,444
Balances at Bank:
Deposit Account			275			275
Current Account			21 862			22 248
			37,731			37,829
LIABILITIES: amounts	falling due
within one year (Note	6)		5623			6 531
NET CURRENT ASSETS				32	108		31 298
TOTAL ASSETS LESSCURRENT			LIABILITIES	271,699			260,162
LIABILITIES: amounts	falling due
after more than one year (Note 7)							4 150
NET ASSETS				271,699			256,012
REPRESENTED BY:
Endowment Fund (Note		8)		140,000			140,000
Unrestricted Funds
Designated Funds (Note		9)
- Extraordinary Repair		Fund		105,699			92,194
- Cyclical Maintenance		Fund		8,657			9,262
Routine Maintenance	Fund			17	343		14556
				F271,699			2256,012

			2022	2021
			E
Independent	examiners'	fees	220	220
Accountancy	fees		874	958

Tan ible Fixed Assets
	Other assets	Freehold	Property	Total
	E		E	E
Cost
1 January 2022	2,491		140,000	142,491
Additions
Disposals
31 December 2022	2 491		140000	142491
Depreciation
1 January 2022	1,312			1,312
Charge for the year	278			278
On disposals
31 December 2022	1 590			1 590
Net Book Amount
31 December 2022	901		140000	140901
1 January 2022	1 179		140000	141 179

Investments
			2022	2021
			F	F
935.178shares The MKG Charity	Multi Asset Fund - Accumulation
Fair Value at 1.1.2022			87,685	72,939
Purchase			10,000	4,796
Accumulated Income			3,496	1,781
Disposal Proceeds			0	0
Net profit /(loss) on revaluation			~2491	8 169
Fair Value at 31.12.2022			98690	87685
5480.654 shares The MBG Charity	Multi	Asset Fund - Income
Fair Value at 1.1.2022			0	4,583
Disposal proceeds			0	(4,796)
Net profit /(loss) on revaluation			0	213
Fair Value at 31.12.2022			0	0
Fair value at 31.12.2022 is based on bid		price at that date.
			2022	2021
			E	F
Liabilities: amounts fallin due within one		ear
Trade creditors			1,482	1,841
Loans (Note 7)			4 139	4 690
			5621	6 531
Loan from Charities Aid Foundation
			2022	2021
			E	F
The loan capital is shown on the Balance		Sheet as follows:-
Due within one year (Note 6)			4,139	4,690
Due after one year			0	4 150
			4 139	8840

Anal sis	of Net Assets Fu	nd
		Endowment
		Fund	ERF	CMF	RMF	Total
		E	E	E
Tangible	Fixed Assets	140,000			901	140,901
Investments			98,690			98,690
Net Current Assets			7 009	8657	16442	32 108
		140000	105699	8657	17343	271 699

							For	Information	Information	ofTrustees Onl	ofTrustees Onl
					INCOME			AND EXPENDITURE ACCOUNT
					For		the	ear	ended 31		December 2022
												2022	2021
												F	E
INCOME
M8 G income												0	44
Donation from March Educational						Foundation						223	223
Rent from Allotments												1,045	950
Heating Charges												4,576	4,576
Maintenance Contributions												25 946	24 472
												31 790	30265
EXPENDITURE
Treasurer's Honorarium												2,700	2,250
Repairs and Maintenance												8,786	3,130
Light and Heat												2,359	2,295
Insurances												928	863
The Almshouses		Association Subscription						and Donation				146	142
Planning Costs for Proposed Almshouses												0	0
Accountancy, Professional				Fees	and Sundry				Expenses			1,507	2,664
Purchase of units		in the	M8	GCMA		fund						10,000	0
Laptop												0	590
Water rates												0	27
Charities Aid Foundation			Loan Repayments						(including		Interest Charges)	5 104	5 104
												31 530	17065
EXPENDITURE		OVER	INCOME			for the		year				260	13,200
LIQUID FUNDS		brought	forward									22 545	9345
LIQUID FUNDS		carried	forward									22,805	22,545
REPRESENTED		BY:
Trade Debtors and Prepayments												2,150	1,862
Balances at Lloyds TSBBank Pic:
Deposit Account												275	275
Current Account												21 862	22 249
												24,287	24,386
Trade Creditors	and Accruals											1 482	1 841
NET CURRENT		ASSETS										22,805	22,545