| Unre- Endow- Total | Total | |
|---|---|---|
| stricted ment Funds | Funds | |
| INCOMING RESOURCES | Funds Fund 2023 £ £ £ |
2022£ |
| Donations | 223 223 |
223 |
| Allotment Rents hleating Contributions |
1,031 4,864 1,031 4,864 |
1,045 4,576 |
| Maintenance Contributions | 27,065 27,065 |
25,946 |
| Bank Interest | 3 3 |
|
| GIF Accumulated and Paid Income | 4,001 4,001 |
3,496 |
| TOTAL INCOMING RESOURCES | £37,187 £37,187 |
£35,286 |
| RESOURCES EXPENDED | ||
| Donations Repairs and Maintenance Light and Heat Insurances Water rates TV Licence Clerks Wages Accountancy Sundries Subscriptions Conference Expenses Loan Interest Professional Fees Rent Depreciation |
0 28,570 5,187 1,075 08 3,431 1,154 269 153 445 114 18 0 278 0 28,570 5,187 1,0750 8 3,431 1,154 269 153 445 114 18 0 278 |
0 8,786 2,359 9280 15 2,700 1,094 381 146 0 403 180 278 |
| TOTAL RESOURCES EXPENDED | £40,702 £40,702 £17,108 |
|
| NET INCOMING RESOURCES | (3,516) (3,516) |
18,178 |
| (Loss)/gain on revaluation of investment assets | 2,126 2,126 |
f2,491) |
| Net Movement in Funds | (1,390) (1,390) 15,687 | |
| Total Funds brought forward | 131,699 140,000 271,699 256,012 | |
| TOTAL FUNDS carried forward | 130,308 140,000 270,308 271,699 |
| BALANCE SHEET | BALANCE SHEET | |||
|---|---|---|---|---|
| As^atll December | 2023 | |||
| £ | 2023 £ |
£ | 2022£ | |
| FIXED ASSETS | ||||
| Tangible Fixed Assets Freehold Property (Note 4) Fixtures and Fittings (Note 4) Investments (Note 5) |
140,000 623 104,817 245,440 |
140,000 901 98,690 239,591 |
||
| CURRENT ASSETS Trade Debtors Prepayments Prepaid Planning Costs |
2,206 0 13,444 |
2,150 0 13,444 |
||
| Balances at Bank: Deposit Account Current Account |
278 10,820 26,748 |
275 21,862 37,731 |
||
| LIABILITIES: amounts falling due within one year (Note 6) |
1,880 | 5,623 | ||
| NET CURRENT ASSETS | 24,868 | 32,108 | ||
| TOTAL ASSETS LESS CURRENT | LIABILITIES | 270,308 | 271,699 | |
| LIABILITIES: amounts falling due after more than one year (Note 7) |
0 | 0 | ||
| NET ASSETS | 270,308 | 271,699 | ||
| REPRESENTED BY: Endowment Fund (Note 8) |
140,000 | 140,000 | ||
| UnLestncted Funds | ||||
| Designated Funds (Note 9) - Extraordinary Repair Fund - Cyclical Maintenance Fund Routine Maintenance Fund |
111,826 8,748 9.734 |
105,699 8,657 17,343 |
||
| £270,308 | £271,699 |
in an amount of £nil (2022 £nil). |
|||
|---|---|---|---|
| 2023£ | 2022 £ |
||
| 3. | Independent examiners' fees Accountancy fees |
220 934 |
220 874 |
| angible Fixed Assets | ||
|---|---|---|
| Other assets Freehold Property Total £ £ £ |
||
| Cost 1 January 2023 |
2,491 | 140,000 142,491 |
| Additions | ||
| Disposals 31 December 2023 |
2,491 | 140,000 142,491 |
| Depreciation 1 January 2023 Charge for the year |
1,590 278 |
1,590 278 |
| On disposals 31 December 2023 |
1,868 | 1.868 |
| Net Book Amount 31 December 2023 |
621 | 140,000 140,623 |
| 1 January 2023 | 901 | 140,000 140,901 |
| 2023 | 2022 | ||
|---|---|---|---|
| 935.178 shares The M&G Charity Multi Asset Fund - Accumulation Fair Value at 1.1.2023 Purchase Accumulated Income Disposal Proceeds Net profit /(loss) on revaluation Fair Value at 31.12.2023 |
£ 98,690 0 4,001 0 2,126 104,817 |
£ 87,685 10,000 3,496 0 (2,491) 98,690 |
|
| 5480.654 shares The M&G Charity Multi Asset Fund - Income Fair Value at 1.1.2023 Disposal proceeds Net profit /(loss) on revaluation Fair Value at 31.12.2023 |
£ 0 0 _0 0. |
£ 00 _Q 0 |
|
| Fair value at 31.12.2023 is based on bid price at that date. | |||
| 2023 | 2022 | ||
| 6. | Liabilities: amounts falling due within one vear Trade creditors Loans (Note 7) |
£ 1,880 0 |
£ 1,482 4,139 |
| 1.880 | 5.621 | ||
| 7. | Lgan_from_Chanties_Aid_Foyndation | ||
| 2023 | 2022 | ||
| The loan capital is shown on the Balance Sheet as follows:- Due within one year (Note 6) Due after one year |
£ 0 _0 |
£ 4,139 0 |
|
| 0 | 4 139 |
| Endowment Fund£ |
ERF CMF RMF Total £ £ £ £ |
|
|---|---|---|
| Tangible Fixed Assets Investments Net Current Assets |
140,000 140,000 |
623 140,623 104,817 104,817 7,009 8,748 _9,111 24,868 111,826 8.748 9,734 270,308 |
| For the year ended 31 December 2023 | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| INCOME | ||
| M&G income | 0 | 0 |
| Donation from March Educational Foundation | 223 | 223 |
| Rent from Allotments | 1,031 | 1,045 |
| Heating Charges Maintenance Contributions |
4,864 27,065 |
4,576 25,946 |
| 33 183 | 790 31 |
|
| EXPENDITURE | ||
| Treasurer's Honorarium | 3,431 | 2,700 |
| Repairs and Maintenance Light and Heat Insurances |
28,570 5,187 1,075 |
8,786 2,359 928 |
| The Almshouses Association Subscription and Donation Planning Costs for Proposed Almshouses Accountancy, Professional Fees, Conferences and Sundry Expenses Purchase of units in the M&GCMA fund |
153 0 1,895 0 |
146 0 1,507 0 |
| Laptop Water rates |
0 0 |
0 0 |
| Charities Aid Foundation Loan Repayments (Including Interest Charges) | 4.253 44.565 |
5.104 31 530 |
| EXPENDITURE OVER INCOME for the year | (11,382) | 260 |
| LIQUID FUNDS brought forward | 22.805 | 22.545 |
| LIQUID FUNDS carried forward | 11,423 | 22,805 |
| REPRESENTED BY: | ||
| Trade Debtors and Prepayments | 2,205 | 2,150 |
| Balances at Lloyds TSB Bank Pic: Deposit Account Current Account |
278 10,820 |
275 21.862 |
| 13,303 | 24,287 | |
| Trade Creditors and Accruals | 1.880 | 1.482 |
| NET CURRENT ASSETS | 11,423 | 22,805 |