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|||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|
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|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||||||
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|||||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|
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||||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|
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|||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||
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|||||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.|
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||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|
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|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|
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|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|
##
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|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|
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