REGISTERED CFL4RiTY NU.MBER: 204514 Rem of the Trn5tees And UDxudited cIal Statements for the YeAr Ended 31 Decembvr 2022 lor
ALTO) UNITED CHAIUTIES Contents of the Flnandal St•tements for the year Ended 31 December 2022 Report ofthe TnJ9es I to 2 IndeptTrdent E]Der'S Report Statement of Financknl Acti)itles Sheet Note5 to the St2ttments Drtmiled StxttnDt of Fin4ncial Aclivilie5 12
ALTON UNITED C4RITIEs RepTrrt of the Trustef5 for the )'eAr Ended 31 December 2022 The husitts pre1 their Tewi with the finwKial Stalennts of the chty for the J'ear enda 31 December 2022. The trtC£S have thpted the pm'isions of Accountin8 and Rewimg by Charities.. Staicment ol Recommended Practice liable to chanties preparsng ihe5r a¢ctyJnts in a¢¢ord2nce wth the Financiaj Rewfting Standard applicable in the UK alld Republic of Ireland (FRS 1021 (effedive l January 2019). 0EcriVEs AID ACTIVITIES Objettlves and 8ims Alton Unid Charities IAUCI is estsblished to rnana8e TtrK)mas Ge8Je's for the benefit of the residents and those in need. hardship ot disrress irt the ancient parish of Alion. aThJ 1]rtg panshe& wt of sll¢h income &s h&s not F£en exnded in the 5UPPOrt manag•nent of the aInb0 Whil¢ Trustr¢s' a5pirAtiO in r¢¢¢nt y¢ats hai'e fo¢ on the overdll improvement To the exIlg srte the ]mpett furKI raise io develop tIK sitc has wained &spit¢ th¢ fwibilif). St of2014. ACHIETrEMENT AND PERFOILMKNCE The TnleeS mer ott ZLW)]n durin£ ihe vear TO siwise the Welfa of the widents o(the AiMsknU ihe repair of the rffowty and maiDrenance ofthe propyny aTwJ the and the admumtion ofthe fuwicial offairs ofthe Charity. The Trustees Continu io seek ensure ihar all the dwellings are tK¢upied artd the rentsls Imaintrnance contributions) ¢olle¢ted and io make inspeeiions whLm allowed ro ensur¢ the dwellings are offered and mairtiained irt 8 good of FIP4JLNCIAL REVIEW The Chariry coniinues 10 %uffcr Teni dclaults and while KlIOTIng the sitiwion coniinues expxt paJTrenT in the fubJTe has not Tninut¢d a ptt>Vi5i0n for irr0%.¢rabke debL sTRL,LRE. COI'ERYANCE AND MA%AGEtyIE%T GovernlD% document Th¢ charity is ¢(troUtd by its 8ovenJin8 a Ik41 of trust ¥rKI rvlIV¢S an tharity. The Alton United Cbaritie5 is governed by a scb¢me bv the Chan"ty Conm)issioners. The Trc5 have no tA)wer to amend the Corwin10 wÈth¢Jui rccouT5e w the Chariry CommissxoTr Various restrictions on the raisin8 and eX["lle of fiuwjs are contsined ÉD Eules laid by the eot)stiWtiOJL REFERE.NCE AND ADI11PqlSTK4TIVE DETAILS Rt¥i5tered Ch4ritv number 21M514 Prfarlpal Addr Unit 2 John Trimmer Walk 63a High Str¢ct Alton Hampshi GU34 IAB D Cordner A Masiers Rev¢Md A Micklefield Mrs D Thorne Mrs A Scott H Farr T Applegath IresiwKd 6.10221 L HL"lian l¥p)Èni&l 6.1022)
ALTON LYITED CHARITIES Report of the Trnstee5 for the Year EDded 31 Dttember 21Jn REFERENCE Ai%D ADMI.YISTRATIVE DETAIiS Trust Officers T Applegath Iclerkl resigned ]0122 L Hillan Iclerkl appointed 6110122 D Patey ITreasureTI Appro y order of the Ix)ard o .. and sign on its iyhalf by: Tntee
Inthpeodeot Exaner,5 Report to the TTUSt¢¢s of ALTO•4 uflTED CH.4RITIES Independent exmlntr'$ pOrt to th¢ trwtrts ofALTON LThITED CHARITIES rerx)n to the charitv tNst¢es on my examitthtion of the of ALTON UNITED CHARtTIES (the TnJ$il for the year cndd 31 Dcccmkr ?022. Respon$lblllries and b&sls of report As the chariry [rU5t of the Tntst you are $)nsItI]e for the prepar¥tion of the accounts in acc4)rdance with the TLyuiffrn¢nts of the Chariiies Act 2011 Ilhe ACVI I [q in TpEct vf ojy ¢xaminatiort of th¢ Trust's &c(Trunts rarriryj (Nt Y]r knityi 145 of the Aci a]Ml in wryit)8 out my examinatioll I have followed ail applicable Dir¢ruon5 by the Charity Commi&sion und¢r Section 14515Kbl of thc Act. Indtptndeni ¢x8rnlner'J ststemtnt I hai'¢ compl¢i¢d my examination. l ¢oofinn that no mawrial mattm have rome to my 8tt•Uion in ¢oone¢tion 7th the examitution Vg me cawe to believe that in any materia] res. eouThllng record5 were not in Tesw of the Tr &$ rquired by slI0n 130 of the A¢L or the accounts do not accord w'ith those Tecord&' or the accoun1% do not TPIY with the appliiable Tequir¢ments conceming the form and contrnt of accounts s in the Charities IAccounts and Rer[sI Regu]lOrLS 2(K)8 other than any requiretneni that the accounts 8iVC a true )JLd fail view 74hirh is noT a mauer con5idcred a5 pan of an inthdenl cxatnination. I have no wnrerJ]s and have rome aCTtEs no other tnaller5 ID Connecu with the examinaihon which attention should drawn in this rcp)rt in or&r to eijable a pro undeESthtxling of the ¢0 be reacbed. MRS A BLACKL(KK MT Page 3
ALTON LIYITED CHARtTIES stsiernenl of FiDaDcial.4etiiirfes for tbe l'ear Ended 31 December 1022 31.12.22 Totsl Unrtyri¢l Total fund5 Notes INCOIIE EYDOIITrIEfiTS FROM Inkestm¢nt incon 44,715 44.715 43.358 EXPED[TURE ON Raising funds 21J83 21J83 15.926 Chritable Actil'lti For ihe SUPETh ofthe residents of the AITn5hou5¢S 1.325 ,325 5216 Tots] 22.708 22.708 21.142 Net gaITlI05S¢SI on investments 19,8591 19.8591 27.337 IYF.T IiYCOlF.IIEXPF.IDlTljRE) 22.(Kb7 19.8S91 11148 49.553 RECONCILIATIO) OF FL)I)S Tuldl furtds bruu¥hi foNaftl 93,510 351.519 445.029 395.476 TOTAL FL,N4DS CARRIED FORW'ARD 115517 341.6 457.177 445,029 The noies part of thcse finattial 5raments
ALTON UYITED cHATIEs B41¥n¢e Sb¢¢i 31 De¢embtr 11122 31.12.22 Total 31.1221 Tothl UTmcd Endtswment FIXED A&SETS Tanbble &%sLts tnvts¢menls' IfQ,(KK) 181.(<A) I(rf).(XM) 181. lo0.} 191.519 341.( 341.6) 351.519 CURRENT ASSETS Debknr5 Cash ai bank 17.071 .225 17.071 99225 13.352 80.547 116296 116296 93.899 CREDITORS AnxrfmL8 f3llkDg due withiD One year (7791 (7791 1389 NET CURRE%T.4SSETS 115J17 15517 93.510 TOTAL ASSETS LE&S CURRENT LIABILITIES 115.517 341.660 457.177 445,029 NET ASSETS 115J17 341.660 457.177 445.Q29 10 Unrcstrictrd fimds Etthwm¢nr fun(b" 15.517 341.6(A) 93.510 351,519 TOTAL FUThDS 457.177 44S.029 Th¢ fin¥n¢ial $tstfflnents appToved by the B(wd of Trwees and authorisd for issue .. •J¥i W¢T¢ S5gned on its half by.. The wtes fom) of these finan¢i81 stam•xts
ALTON UNITED CHARITIES r•te5 to tbt Fl5)•n¢lal Sifitements for thc I'txr Ended 31 December 2022 ACCOL%TlI¥4G POLICIES B5is of prep#rlllg th¢ flnAD¢tsi statements The financial siaiemaiis of the chanty. w.hich is a benefit cnitty FRS 102, hav¢ been pretATed iti accordance with the Charities SORP IFRS 1021 'A¢¢ounting and R¢rA)rtin8 by ch"1]eS.. statettnt of RecoMMcn£l Practic¢ &pplt¢able to charities preparing their acrowjts in accord wth the Financiaj ReTting St8ndard appli¢abl¢ In th¢ L"K and Republic of Ireland IFRS 1021 leffe¢iive l January 2019),. Financial Reporh'ng Slldard 102 Tr Fjnancial RewrEtng applicabl¢ irt the UK and Republic 4)f Irelartd, aA the ChtieS Aci 201 l. The firwi¢ial Sents have Fen preparcd under the hi5tOTical cost Convention. Wlih the exccpts¢Jn of Investme which are incl market vatue. &s mLMlificd by th¢ revaluation of £1n ats. In£om¢ All incvme is rewsed in the Staietn¢ni or FI[ncl31 Activi¢its once the rharity has ¢ntitiem¢ni to the fuDds, kl is probabl¢ thhi the income will rcL¥cd and the zmounl can measured lIablY. Expenditure LFabiliiies are r0gls as exrKndiDJr¢ as 5LW)n as th¢rE is a legal or con5tru¢tiv¢ obligation committing the charity ro that ¢xp¢ndi¢wr. ir i5 PTobabl¢ a tsan5f¢r of e¢ooomic kn¢fJts w'ill be required in settlemeni and th¢ atnuuni of the obligatiot) Lan be me8swEd t¢liably. EKrthlituYe is acLX)untyJ for on an Cn[S b&sis and ha5 b¢¢rt ¢lassified under heAlings thai ag8rt8atr all cost related io the category. WThere eosts cannot be dirwdy Ottributed to p8rtJcui8r headirtgs th¢y hawe tttn LO t]7L on a b&sis consiskni wth the use of rey)urces. Tanglble fixed assets Depreciation Js proildl al the followJn8 8onuai rates in Ixd¢r to wri off ea¢h &sset over irs estin¥t&l wefiJ] Freehold properry Tgxation Th¢ Charity is exetllpt from iLS ¢haTi¢abl¢ aaiwities. a¢countlttg Unre5trieted ffiJTtds Can k used it) acco with the cbaritable objethives at the diretIon of the tswtees. RestrictLTrd ¢8n only be usd for parn"cular rtsrirttyj PLwposes withÈn the objects of the dwity. Restriciions arise when srttified by the donoror when fimd5 T&1j for pfjnicuiar resErcted purposes. Fwther explanation of the naDJre and PthPLW of exh fjJtKI is XDcIth ID the A¢5 to the finKIal 5tatrrnenL INVESTMENT INCOME 31.12.22 31.12.21 Reni8 receivable Dividend Income Deposit a¢¢ount inicrtst 43.784 876 55 42.504 854 44.715 43.358 coniinud..
ALTO kn".N'ITED CHARITIES oles to the Financi*l StAterneDt5- continued for tbe l.ear Ended 31 December 2022 RAISING FL'P¥D ltsve5tmtni maD•gement ¢osts 31.12.22 31.1221 Insurance 1.491 1.367 3.262 11297 Utilili&% IIJ02 21.383 15.926 TRUSTEES, REMUryERATIOTr4 AND BEYEFfis These wer¢ no tnLSi¥xs' remunuatioD or othcr bcncfits for the year 31 Decemter 2022 nor for the year eth 31 De¢¢mb¢r2021. Trnsiees, expense5 TheTE w¢r¢ rto tswtts. exrthses for ycsr eTKied 31 Deeemlxr 2022 rtor for the year thdtsj 31 Dcccmber 2021. COMPAR.4TIVF.S FOR THF. STATF.ME%T OF FINAYCIAL ACTIIIITIF.S UnT¢SiriCiL%I EThlow Total fun(Ls INCOME EYDOW'ME%TS FROM InVeSent income 43J58 43.358 EXPEIDITbRE OY Raissn8 fiuL(L 15.926 15.926 Ch#rlt8blt #etbwltles For the sUpn ol'Lh¢ residents olthe Alrnshouses 5216 5216 Totsl 21.142 21.142 Net 8ains on invtstments 27J37 27.337 tyET INCOME 22.216 27J37 49.553 REcOi%CILIATIO4 OF FLNDS Tv73] fund% brought f(irword 712M 324,182 395.476 TOTAL FLNDS CARRIED FORWARD 93.510 351,519 445,029 Page 7 coniinue41...
ALTON UNITED CHARITIES Notes to the FinaD¢i21 Staternents- colltlDued for th¢ l'ear Ended 311)ecember 2022 TANGIBLE FIXED ASSETS Fre¢h)id COST At l January 2022 and 31 D¢remt*r2022 100,(KK) NET BOOK V.ALLE Ai 31 D¢c¢mkr 2022 IfA),( At 31 DecemFr2021 100.(%x) FIXED ASSET IIYVESTMETrrrs List&1 invesirnertts M.4RKET VALUE At l January 2022 Rev2luations 191.519 9,8591 Ai 31 DetEr 2022 181.6(AJ NET BOOK V'ALLE At 31 Derernb¢r 2022 181,6(I> At 31 Decemirr 2021 191.519 There were no investsDeai &wis outside the LK. Valuation of in%esttnen¢s at the end ofthe TEwrting [ri1 15 PfDvided by CCLA who hold the invcsltnenL DEBTOFLS.. AMOUNTS FALLIG DL.E WITH1•4 ONE YEAR 31.12.22 31.12.21 Other debto Promyments 17.071 13.165 187 17.071 13.352 Pa8e 8
ALTO.N U.%IT£D CHAIUTIES 40te5 to the finincial.4tatCTRents- contlnued for tbe l'ear Ended 31 Decemlr 2022 CREDITORS. AMOUNTS FALLING DbE WITHI% O%E YEAR 31.12.22 31.12.21 (hh¢r treditors 779 389 MOVEMEYT IN FLYDS movemeni in fid$ Ai 31.12.22 Ai 1.1.22 Unrestricied fvnds 93JlO U(K)7 115.517 EDdowment funds Exp¢ndabk Endowinent 351.519 19.8591 341.660 TOTAL FLryDS 445.029 12.148 457.177 Nrt movemeni in fuDd& in¢lth in the aknv¢ are follow Iw)ming Resou Gains and Movement in fund5 UrtrMtrkt¢d funds 44.715 122.7081 22.(K17 Endowment funds Expendable E[Ow[¢t Fund {9.8591 (9,859) TOTAL FL.)4DS 44.715 {22.7081 19.8591 12,148 Compxr*rfves for movement ID fuD Net At 31.12.21 in fijnds Unrotrlcted lunds Genernl fid 71294 22216 93.510 Eudowrnent funds ExpetKlable EndowmeDr Fund 324.182 27.337 351,519 TOTAL FL)DS 395,476 49.553 445.029 Page 9
ALTON ITED CHARITIES -Notes to the Financial StstemeDts- tonllnued (or the Year EBded 31 DerembEr 2022 10. OVEMEPT FLNDS- Comparative net nement in fim¢kn included in the aiwe 8rE follows." tDcorning GaiAs and Movtme Unrestricted funds General fwid 43J58 (21.142) 21216 Endown)eDt fund$ EXndable Endowme FUTKI 27J37 27,337 TOTAL FUNDS 43.358 121,142) 27J37 49.553 A Current year l2 months and Prioryw 12 JJw)nttts ¢4)mbined p)5itioN is as follow5.' Net ovemeTrt in fu At 31.1222 Unrestrlcted fuDds General fund 71294 44223 115,517 Endowment fndS Exwjdable En(k)wm¢ni Fw)d 324.182 17.478 341.660 TOTAL FL TrDS 395.476 61.701 457.177 A CLtrTerbt year 12 months and prtor year 12 months ¢ombinoJ net nJoNemeni in fun&% tnclth in the above are as follows.. lttoming Unre5tricled funds Genetzl fund 88.073 {43.8501 44,223 Endowm¢nt funds Expendabl¢ Endowm¢ni FUTMI 17.478 17,478 TOTAL FUINDS 88.073 {43.8501 17.478 61.701 Page 10 colltinu...
ALTON UI%ITED CHARITIES ole5 to tbe Fin#ttrial sl¥tr¢- ¢otttittued for the Year EDded 31 Dttember 2022 REL4TED PARTI. DISCLOSLRES
ALTON lTllTED CHARITILS Delll¢d Suiement of FIDancSal Artivld f•r the Yr EAd¢d 31 December 2022 31.12.22 31.12.21 INCOME AND EN"DOWMEI%TS Inve5tJnent income Rents re¢¢ivable Dii'idend Income Depos. it account intertst 43.784 876 55 42.504 854 44.715 43.358 Totsl Incomlng rewurtes 44.715 43.358 EXPENDITURE IveStMent management costs Insuran 1.491 8.5) IIJ02 l J67 3262 11297 Utilities 2lJ83 15,926 Cbtatble activities Telq)hune and Lifelin 721 673 Support costs Govern•n¢e eosts Mynagetn¢ni fees Acruun¢ancy and legal fe¢5 Almshousc As%Kiaiion Trumee meeLill8 wsts 3.911 450 182 187 27 4.543 To¢al resources expm¥Jed 22.708 21,142 Pet In¢om¢ 22216 This p8ge d5 n(M flynn olthe Matuw finatKiaJ staiements Pa8¢ 12