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|||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|
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||||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|
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||||2022|2021|
|---|---|---|---|---|
||||E||
|Independent|examiners'|fees|220|220|
|Accountancy|fees||874|958|
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|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|
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|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|
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##
|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|
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||||||||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|