2023-03-31-accounts

		Page
Reference and Administrative Details ofthe Charity, its Trustees and Advisers
Trustees' Report
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		9-18

Trustees	Mrs MSClinton,	Chair	Chair	Chair
	Mrs P M Stewart
	Mr T N Shobrook
	Miss C H Bailey
	Dr R G Benjafield		(appointed		25	April 2023)
Charity registered
number	204718
Principal office	81D Higher Compton			Road
	Plymouth
	Devon
	PL3 5JD
Accountants	Bishop Fleming	LLP
	Chartered Accountants
	Salt Quay House
	4 North East Quay
	Sutton Harbour
	Plymouth
	PL4 OBN
Bankers	Lloyds TSBBank		Pic
	8 Royal Parade
	Plymouth
	Devon
	PL1 1DS
	CCLA Investment		Management			Ltd
	COIF Charity Funds
	One Angel Lane
	London
	EC4R 3AB
Solicitors	Foot Anstey LLP
	Salt Quay House
	4 North East Quay
	Sutton Harbour
	Plymouth
	Devon
	PL4 OBN

				Endowment	Unrestricted	Total	Total
				funds	funds	funds	funds
				2023	2023	2023	2022
			Note	6	6	6	6
INCOME AND ENDOWMENTS	FROM:
Investments					165,036	165,036	179,668
Other income					808	808	420
TOTAL INCOME AND ENDOWMENTS					165,844	165,844	180,088
EXPENDITURE ON:
Charitable activities					178,068	178,068	132,232
TOTAL EXPENDITURE					178,068	1?8,068	132,232
NET (EXPENDITURE)/INCOME
BEFORE NET (LOSSES)/GAINS		ON
INVESTMENTS					(12,224)	(12,224)	47,856
Net (losses)/gains on investments				(5,665)	(16,237)	(21,902)	101,560
NET (EXPENDITURE)/INCOME				(5,665)	(28,461)	(34,126)	149,416
Transfers between funds			14	11,184	(11,184)
NET NIOVEMENT IN FUNDS BEFORE
OTHER RECOGNISED GAINS				5,519	(39,645)	(34,126)	149,416
OTHER RECOGNISED GAINS:
Gains on revaluation offixed assets				449„000		449,000
NET MOVEMENT IN FUNDS				454,519	(39,645)	414,874	149,416
RECONCILIATION OF FUNDS:
Total funds brought forward				3,402,048	655,851	4,057,899	3,908,483
Net movement in funds				454,519	(39,645)	414,874	149,416
TOTAL FUNDS CARRIED FORWARD			14	3,856,567	616,206	4,472,773	4,057,899

			Unrestricted	Total	Total
			funds	funds	funds
			2023	2023	2022
				F
Income from residents			152,292	152,292	167,871
Investment	income - dividends	and interest on shares	12,004	12,004	11,769
Investment	income - interest on bank and deposit funds		740	740	28
			165,036	165,036	179,668

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023 6	2022f
PCC	telecare	808	808	420

		Activities
		undertaken	Support	Total	Total
		directly 2023	costs 2023	funds 2023	funds 2022
		F	6	6	F
Charitable	activities	166,646	11,422	178,068	132,232
TOTAL 2022		122,830	9,402	132,232

				Total	Total
				funds	funds
				2023	2022
				6
Staff costs				21,748	22,512
Cleaning costs				3)922	2,532
Gardening	costs			13,597	7,817
Water				4,944	4,928
Gas				12,227	8,749
Electricity				10,424	11,324
Rent and rates				2,143	445
Telephone				6,718	5,752
Insurance				8,085	6,237
Repairs and renewals				78,654	49,454
Subscriptions				430	582
Depreciation		-furniture,	fittings and equipment	540	367
Bank charges				171	154
Sundry expenses				2,793	1,927
Advertising				250	50
				166,646	122,830

								Total	Total
								funds	funds
								2023 Z	2022f
Accountancy fees								3,696	3,360
Legal and professional			costs					7,726	6,042
								11,422	9,402
INDEPENDENT		EXAMINER'S REMUNERATION
								2023	2022
								6	F
Fees payable examination	to of	the Charity's the Charity's		independent examiner annual accounts			for the independent	3,696	3,360
STAFF COSTS
								2023	2022
								E	6
Wages and salaries								19,799	20,625
Pension costs								1,949	1,887
								21,748	22,512

2023	2022
No.	No.

	Freehold	Fixtures and
	property	fittings	Total
	6	6	6
COST OR VALUATION
At 1 April 2022	2,860,000	11,987	2,871,987
Additions		2,720	2,720
Revaluations	449,QQQ		449„000
At 31 March 2023	3,309,000	14,707	3,323,707
DEPRECIATION
At 1 April 2022		10,120	10,120
Charge for the year		540	540
At 31 March 2023		10,660	10,660
NET BOOK VALUE
At 31 March 2023	3„309,000	4,047	3,313,047
At 31 March 2022	2,660,000	1,867	2,861,867

NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS
FOR	THE YEAR ENDED 31 NIARCH 2023
11.	FIXEDASSET	INVESTMENTS
						Listed
						investments
						F
	COST OR VALUATION
	At 1 April 2022					1,086,302
	Additions					11,184
	Revaluations					(21,902)
	AT 31 MARCH	2023				1,075,584
	NET BOOK VALUE
	AT 31 MARCH	2023				1,075,584
	AT 31 MARCH	2022				1,086,302
	The historic cost ofthe listed investments			is F434,625 (2022:f423,441).
12.	DEBTORS
					2023	2022
					E	F
	DUE WITHIN	ONE YEAR
	Prepayments	and accrued	income		175	482
13.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2023	2022
						6
	Accruals and	deferred income			3,696	3,360

							Balance at
		Balance at 1			Transfers	Gains/	31 March
		April 2022	Income 5	Expenditure 6	in/out f	(Losses) 6	2023
UNRESTRICTED
FUNDS
General Funds		655,851	165,844	(178,068)	(11,184)	(16„237)	616,206
ENDOWMENT
FUNDS
Endowment	Fund	3,402,048			11,184	443,335	3,856,567
TOTAL OF
FUNDS		4,057,899	165,844	(178,068)		427,098	4,472,773

							Balance at
		Balance at			Transfers	Gains/	31 March
		1 April 2021	Income	Expenditure	in/out	(Losses)	2022
		F				F	F
UNRESTRICTED
FUNDS
General Funds		585,090	180,088	(132,232)	(11,184)	34,089	655,851
ENDOWMENT
FUNDS
Endowment	Fund	3,323,393			11,184	67,471	3,402,048
TOTAL OF	FUNDS	3,908,483	180,088	(132,232)		101,560	4,057,899

ANALYSIS OF NET ASSETS BETWEEN FU	NDS -CURRENT YEAR
	Endowment	Unrestricted	Tots I
	funds	funds	funds
	2023	2023	2023
		K	6
Tangible fixed assets	2,744,832	568,215	3,313,047
Fixed asset investments	662,735	412,849	'I,075,584
Current assets		87,838	87,838
Creditors due within one year		(3,696)	(3,695)
Difference	449,000	(449,000)
TOTAL	3,856,567	616,206	4,472,773

ANALYSIS OF NET ASSETS BETWEEN FUN	DS -PRIOR YEAR
	Endowment	Unrestricted	Total
	funds	funds	funds
	2022	2022	2022
	6		6
Tangible fixed assets	2,744,832	117,035	2,861,867
Fixed asset investments	657,216	429,086	1,086,302
Current assets		113,090	113,090
Creditors due within one year		(3,360)	(3,360)
	3,402,048	655,851	4,057,899