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||REPORT OF THE TRUSTEES|FOR THE YEAR ENDED 31DECEMBER2023
C~|||
|---|---|---|---|---|
|1|NAME OF CHARITY|THE SANDWICH UNITED|||
|2|REGISTRATION NO|205894|||
|3|GOVERNING INSTRUMENT:|Scheme of22nd November
1995|||
||OBJECTS|To
apply
the
income
generated
by
donations,|legacies,||
|||mvestments
etc fiom each of the fimds of the Charity for||the|
|||benefit oftheir respective Hosp italians, Almshouses|and Chapel.||
|||The provision
of almshouses
for poor
people|resident|in|
|||Sandwich
and
the
adjoining
parishes
and the provision||of|
|||benefits for the residents ofthe almshouses.|||
|5|CURRENT TRUSTEES|Mr P G Graeme MB.E,J.P.(Chairman)
(appointed|12March||
|||2000)|||
|||Mr RA Daw (Vice Chairman)
(appointed
1November 2014)|||
|||DrFAndrews
(appointed
12March 2005)|||
|||Mr AF Carney (appointed
12March 2006)|||
|||Mrs MA Russell (appomted 30April 2014)|||
|||Mr GH Connor (appointed
1September 2017)|||
|||Mr D Friend
(appointed 20May 2018)|||
|||Mr A Pontmg
(appointed 28 January 2021)|||
|||Mrs AJ Hollobon-Baxter
(appointed
1 January 2021)|||
|||Mrs SGraeme (appointed 22 July 2021)|||
|||Mr H Sampson (appointed
14October 2021)|||
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||||||Total|Total|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Funds|Funds|
||||Funds|Fundsf|2023f|2022f|
|RECEIPTS:|||||||
|Collections||||1,946|1,946|1,364|
|Legacy
Dividends|||35,610|31,509
589|31,509
36,199|11,250
33,757|
|Rent|||12,452||12,452|12,452|
|Maintenance
charges|||116,025||116,025|112,383|
|StBart's Day lunch
Wayleave|||555
188|238
262|793
450|213
54|
|Interment
fees||||198|198|188|
|Miscellaneous||||||50|
|TOTAL RECEIPTS|||164,830|34,742|199,572|171,711|
|PAYMENTS:|||||||
|Maintenance
and repairs|||60,115|16,344|76,459|40,294|
|Rates and water|||7,530||7,530|8,063|
|Insnrancas|||5,578||5,578|5,746|
|StBart's Day lunch
Oflice expenses|||6,692|440|440
6,692|586
7,519|
|Almshouse
association|subscription||484||484|642|
|Stipends —Christmas|||2,520||2,520|2,310|
|Stipends —Cost ofliving||||||2,250|
|Stipends —Matron and master|||1,200||1,200|1,500|
|Stipends —Chaplains
Postage and stationery|||188|3,600|3,600
188|3,150
115|
|Light and heat|||30|557|587|442|
|Organ playing||||1,190|1,190|1,050|
|Miscellaneous|||361|602|963|395|
|Salaries|||9,695||9,695|8,778|
|Payroll services costs|||612||612|432|
|Independent
examiner's||fee|1,020||1,020|1,020|
|Donations||||||250|
||||96,025|22,733|118,758|84,542|
|Asset and investment|purchases||100,000||100,000|120,000|
|TOTAL PAYMENTS|||196,025|22,733|218,758|204,542|
|Net (payments)
/ receipts|||(31,195)|12,009|(19,186)|(32,831)|
|Bank balances brought||forward|112,987|40,406|153,393|186,224|
|Bank balances carried||forward|81,792|52,415|134,207|153,393|
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||STATEMENT OFAS|SETSAND LIABILITIES|ASAT31DECE|MBER 2023||
|---|---|---|---|---|---|
|||||Total|Total|
|||Unrestricted|Restricted|Funds|Funds|
|||Funds|Fundsf|2023f|2022|
|Tangible fixed assets (at cost)||7,632||7,632|7,632|
|Investments|(at valuation)|2+36,552|63,716|2,300@68|1,985,202|
|Cash at bank:||||||
|Main account|—Current account|75,147|34,956|110,103|140,710|
|Chapel Fund|—Current account|6,645|17,459|24,104|12,683|
|||81,792|52,415|134707|153,393|
|Accruals||1,044||1,044|1,074|
|Net assets||2,324,932|116,131|2,441,063|2,145,153|
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|||||Market Value|Market Value|
|---|---|---|---|---|---|
|Investment||||at 31.12.23|at31.12.22|
|Unrestricted||||||
|Charities
offitcial investment|||fund:|||
|Income shares||||1,349,837|1,138,831|
|COIF Accumulation||shares||886,715|789,100|
|Edwin Rig den|Legacy|||||
|Charities official mvestment|||fund:|||
|Income shares||||21,955|20,107|
|Chapel Fund||||||
|Charities official investment|||ftmd:|||
|Accumulation|shares|||41,761|37,164|
|||||2,300,268|1,985,202|
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|RESTRICTED FUNDS|||||||
|---|---|---|---|---|---|---|
|Movement
in Resources|||||||
||Balance as
at 1.123
f|Incoming|Outgoing|Transfers|Unrealised
Gains
f|Balance as
at 31.1223|
|Chapel Fund|43,202|34,153|(22,733)||4,597|59419|
|Edwin Rigden Legacy|54475|589|||1 848|56912|
||97,677|34,742|(22,733)||6,445|116,131|
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|NALYSIS O|FNET ASSE|TS BETWEEN FUND|S||||
|---|---|---|---|---|---|---|
|||Tangible|Investments|Cash at|Accruals|Total|
|||Fixed Assets||Bankf|f||
|Restricted funds|||||||
|Chapel Fund|||41,761|17,458||59,219|
|Edwin Rigden|Legacy||21,955|34,957||56,912|
||||63,716|52,415||116,131|
|Unrestricted|funds|7,632|2/36,552|81,792|(1,044)|2,324,932|
|||7,632|2,300368|134207|(1,044)|2,441,063|