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|Report ofthe Trustees|1 to 3|
|Statement ofTrustees' Responsibilities||
|Report ofthe Independent
Auditors|5 to 8|
|Statement ofFinancial Activities||
|Balance Sheet|10 to 11|
|Notes tothe Financial Statements|12 to 22|
|Detailed Statement ofFinancial Activities|23 to 24|
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|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|Total|
|||||Notes|fund
6|funds
f|funds|funds
f|funds|
|INCOME AND||||||||||
|ENDOWMENTS|FROM|||||||||
|Donations
and legacies||||2|19,300|||19,300||
|Charitable
activities||||4||||||
|Property
Fund|||||72,283|||72,283|65,589|
|Investment
income||||3|842|1,435|10,467|12,744|11,077|
|Total|||||92,425|1,435|10,467|104,327|76,666|
|EXPENDITURE|ON|||||||||
|Charitable
activities||||5||||||
|Property
Fund|||||54,564|||54,564|69,083|
|Charity
Fund|||||30,001|375||30,376|13,588|
|Total|||||84,565|375||84,940|82,671|
|Net gains/(losses)
investments||on|||~517)|~5,160)|~20,351)|~26,028)|37,182|
|NET||||||||||
|INCOME/(EXPENDITURE)
Transfers
between funds||||19|7,343
9,922|(4,100)
~t,t 70)|(9,884)
~8,752)|(6,641)|31,177|
|Net movement|in|funds|||17,265|(5,270)|(18,636)|(6,641)|31,177|
|RECONCILIATION|||OF|||||||
|FUNDS||||||||||
|Total funds brought||||||||||
|forward|||||270,317|74,313|310,857|655,487|624,310|
|TOTAL FUNDS|CARRIED|||||||||
|FORWARD|||||287,582|69,043|292,221|648,846|655,487|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||fund|funds|funds|funds|funds|
||Notes|E|8|F|f|6|
|FIXEDASSETS|||||||
|Tangible assets|11|70,005|||70,005|72,598|
|Investments|12||63,230|248,003|311,233|335,143|
|||70,005|63,230|248,003|381,238|407,741|
|CURRENT ASSETS|||||||
|Debtors|13|2,522|||2,522|913|
|Investments|14|51,612|3,142|44,218|98,972|79,418|
|Cash at bank||233,695|2,671|-|236,366|239,606|
|||287,829|5,813|44,218|337,860|319,937|
|CREDITORS|||||||
|Amounts
falling due within|||||||
|one year|15|(13,924)|||(13,924)|(15,120)|
|NET CURRENT ASSETS||273,905|5,813|44,218|323,936|304,817|
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||343,910|69,043|292,221|705,174|712,558|
|CREDITORS|||||||
|Amounts
falling due after|||||||
|more than one year|16|(56,328)|||(56,328)|(57,071)|
|NET ASSETS||287,582|69,043|292,221|648,846|655,487|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||6|E|
||Grants|||||19,300||
||Grants received,||included||in the above, are as follows:|||
|||||||2022|2021|
|||||||6|5|
||Henry Smith's|Charity||||19,300||
|3.|INVESTMENT|INCOME||||||
|||||||2022|2021|
|||||||F||
||Fixed asset investment|||income||10,156|9,498|
||Deposit account||interest|||332|185|
||Current asset|investment|||income|2,256|1,394|
|||||||12,744|11,077|
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||||2022|2021|
|---|---|---|---|---|
||||Property|Total|
||||Fund|activities|
|||||L|
|Maintenance||contributions|72,268|65,182|
|Laundry|contributions||15|50|
|Internet|contributions|||357|
||||72,283|65,589|
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|||||||Grant|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||funding|of||||
|||||||activities||Support|||
||||||Direct|(see note||costs (see|||
||||||Costs|6)||note 7)
f|Totals
6||
||Property||Fund||50,102|||4,462|54,564||
||Charity|Fund|||4,217|24,586||1,573|30,376||
||||||54,319|24,586||6,035|~84 940||
|6.|GRANTS PAYABLE||||||||||
|||||||||2022|2021||
|||||||||f|f||
||Charity|Fund||||||24,586|7,190||
||The total||grants|paid to institutions|during the year was as follows:||||||
|||||||||2022|2021||
|||||||||9|||
||Andover||Baptist|Church||||250|||
||St. Mary's Church|||||||250||540|
||The Valley Church|||||||250|||
||Picket Twenty Church|||||||250|||
|||||||||1,000||540|
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|||||||||Governance|
|---|---|---|---|---|---|---|---|---|
|||||||||costs|
|||||||||f|
|Property|Fund|||||||4,462|
|Charity|Fund|||||||1,573|
|||||||||6035|
|Support|costs, included|in the|above,||are as follows:||||
|Governance costs|||||||||
||||||||2022|2021|
||||||Property|Charity|Total|Total|
||||||Fund|Fund|activities|activities|
||||||f|f|f||
|C(erks' fees|||||942|464|1,406|1,612|
|Auditor's|remuneration||||2,251|1,109|3,360|3,120|
|Legal and professional||fees|||1,269||1 269|969|
||||||4,462|1,573|6,035|5,701|
|AUDITORS' REMUNERATION|||||||||
||||||||2022
f|2021
f|
|Fees payable to the charity's|||auditors||for the audit ofthe||||
|charity's|financial statements||||||3,360|3,120|
|TRUSTEES' REMUNERATION||||AND|BENEFITS||||
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|||2022
f|2021|
|---|---|---|---|
|Clerks'|fees|14,056|16,120|
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|11.|TANGIBLE FIXE|DASSETS|||
|---|---|---|---|---|
|||||Freehold|
|||||property|
||COST||||
||At 1 January 2022 and||||
||31 December 2022|||129,644|
||DEPRECIATION||||
||At 1 January 2022|||57,046|
||Charge for year|||2,593|
||At 31 December|2022||59,639|
||NET BOOK VALUE||||
||At 31 December|2022||70,005|
||At 31 December|2021||72,598|
|12.|FIXEDASSET INVESTMENTS||||
||||2022|2021|
||||f|f|
||Shares||287,056|311,200|
||COIF Deposits/Other||24,177|23,943|
||||311,233|335,143|
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|Additional
information
as follows:||
|---|---|
||Listed|
||investments|
||6|
|MARKET VALUE||
|At 1 January 2022|311,200|
|Revaluations|~24,144)|
|At 31 December 2022|287,056|
|NET BOOK VALUE||
|At 31 December 2022|~287 056|
|At 31 December 2021|311,200|
##
||Investmen|ts
(neith|er list|ed nor unlisted) were as follows:|||
|---|---|---|---|---|---|---|
||||||2022
6|2021
f|
||Valuation|brought|forward||23,943|23,941|
||Additions||||234|2|
||||||24,177|23,943|
|13.|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
||||||2022|2021|
||||||F|E|
||Debtors|||||421|
||Prepayments||||2,522|492|
||||||2,522|913|
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|CURR|ENT ASSET INVESTMENTS|||
|---|---|---|---|
|||2022
F|2021
f|
|Listed|investments|48,147|48,318|
|Other||50,825|31,100|
|||98,972|79,418|
##
|Additional
information
as follows:||
|---|---|
||Listed|
||investments|
||8|
|MARKET VALUE||
|At 1 January 2022|48,318|
|Additions|1,715|
|Revaluations|~1,886)|
|At 31 December 2022|48,147|
|NET BOOK VALUE||
|At 31 December 2022|48,147|
|At 31 December 2021|48,318|
##
|Investmen|ts
(neith|er listed nor unlisted) were as|follows:||
|---|---|---|---|---|
||||2022
f|2021
f|
|Valuation
Additions|brought|forward|31,100
19,725|35,097
3|
|Withdrawals||||~4,000)|
||||50,825|31,100|
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|15.|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|FALLING DUE|FALLING DUE|WITHIN ONE YEAR||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||f|E|
||Bank loans|and overdraRs|(see note 17)||6,491|6,491|
||Trade creditors||||3,415|5,214|
||Accrued expenses||||4,018|3,415|
||||||13,924|15120|
|18.|CREDITORS: AMOUNTS||FALLING DUE||AFTER MORE THAN ONE YEAR||
||||||2022|2021|
||||||8||
||Bank loans|(see note 17)|||56,328|57,071|
|17.|LOANS||||||
||An analysis|ofthe maturity|of|loans is given below:|||
||||||2022|2021|
||||||8|8|
||Amounts
falling due within||one year on demand'.||||
||Mortgages||||6,491|6,491|
||Amounts
falling between one|||and two years:|||
||Mortgages|- 1-2years|||6,491|6,491|
||Amounts
falling due between|||two and five|years,||
||Mortgages|-2-5 years|||19,473|19,473|
||Amounts
falling due in more than five years:||||||
||Repayable|by instalments:|||||
||Mortgages|- &5yrs|||30,364|31,107|
|18.|SECURED|DEBTS|||||
||The following
secured debts are included||||within creditors:||
||||||2022
f|2021
8|
||Bank loans||||62,819|63,562|
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|MOVEMENT|IN FUNDS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1.1.22|in funds|funds|31.12.22|
|||||6|E|
|Unrestricted|funds|||||
|General
fund||270,317|7,343|9,922|287,582|
|Restricted funds||||||
|Knights
Enham and Smannell||||||
|Charities||50,370|(4,334)|(1,170)|44,866|
|Mrs Allderidge|Legacy|3,876|38||3,914|
|Borsberry repairs and maintenence||20,067|196||20,263|
|||74,313|(4,100)|(1,170)|69,043|
|Endowment|funds|||||
|Designated
reserve
TW Redman
Legacy||284,513
26,344|(10,075)
191|(7,740)
~1,012)|266,698
25,523|
|||310,857|~9,884)|~8,752}|292,221|
|TOTAL FUNDS||655,487|(6,641)||648,846|
|Net movement|in funds,
included
in th|e above are as|follows:|||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
|||F||||
|Unrestricted|funds|||||
|General
fund||92,425|(84,565)|(517)|7,343|
|Restricted funds||||||
|Knights
Enham and Smannell||||||
|Charities||1,201|(375)|(5,160)|(4,334)|
|Mrs Allderidge|Legacy|38|||38|
|Borsberry repairs and maintenence||196|||196|
|||1,435|(375)|(5,160)|(4,100)|
|Endowment|funds|||||
|Designated
reserve
TW Redman
Legacy||9,455
1,012||(19,530)
~821)|(10,075)
191|
|||10,467||~20,351)|9,884|
|TOTAL FUNDS||104,327|~84,940)|~26,028)|~6,641)|
##
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|Comparatives|for movement
in fun|ds||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1.1.21|in funds
f|funds
9|31.12.21
6|
|Unrestricted|funds|||||
|General
fund||278,111|(16,150)|8,356|270,317|
|Restricted funds||||||
|Knights
Enharn
and Smannell||||||
|Charities||43,839|6,531||50,370|
|Mrs Allderidge|Legacy|3,876|||3,876|
|Borsberry repairs and maintenence||~20 065|2||20,067|
|||67,780|6,533||74,313|
|Endowment|funds|||||
|Designated
reserve
TW Redman
Legacy||254,251
24,168|37,664
3,130|(7,402)
~954)|284,513
26,344|
|||278,419|40,794|~8,356)|310,857|
|TOTAL FUNDS||624,310|~31 177||655,487|
|Comparative||net movement
in funds,
|included
in the|above are as|follows:||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources
6|expended
E|losses
f|in funds
8|
|Unrestricted||funds|||||
|General fund|||65,891|(82,596)|555|(16,150)|
|Restricted|funds||||||
|Knights
Enham
and Smannell|||||||
|Charities|||1,140|(75)|5,466|6,531|
|Borsberry repairs and maintenence|||2|||2|
||||1,142|(75)|5,466|6,533|
|Endowment||funds|||||
|Designated|reserve||8,679||28,985|37,664|
|TW Redman||Legacy|954||2,176|3,130|
||||9,633||31,161|40,794|
|TOTAL FUNDS|||76,666|~82,671)|37,182|31,177|
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||FOR THE YEAR ENDED 31 D|ECEMBER 2022||
|---|---|---|---|
|||2022
f|2021
6|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Grants||19,300||
|Investment
income||||
|Fixed asset investment|income|10,156|9,498|
|Deposit account interest||332|185|
|Current asset investment|income|2,256|1 394|
|||12,744|11,077|
|Charitable
activities||||
|Maintenance
contributions||72,268|65,182|
|Laundry
contributions||15|50|
|Internet contributions|||357|
|||72,283|65,589|
|Total incoming
resources||104,327|76,666|
|EXPENDITURE||||
|Charitable
activities||||
|Clerks' fees||12,650|14,508|
|Caretaker||10,496|10,474|
|Insurance||2,115|1,999|
|Water rates||899|2,103|
|Counciltax||8,799|10,221|
|Electricity||1,670|366|
|Telephone||1,026|916|
|Maintenance
expenditure||7,180|19,372|
|Garden expenses|||267|
|Rentals||58|5|
|Office costs||18|35|
|Travel expenses||99|215|
|ITcosts||603|265|
|Subscriptions||305|294|
|Residents'
pastimes|||150|
|Gifts and donations|||140|
|Bank charges||60|60|
|Depreciation
oftangible|fixed assets|2,593|2,593|
|Mortgage
interest||5,748|5,797|
|Carried forward||54,319|69,780|
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||FOR THE YEAR ENDED 3|1 DECEMBER 2022||
|---|---|---|---|
|||2022|2021|
|||6|F|
|Charitable
activities||||
|Brought forward||54,319|69,780|
|Grants to institutions||1,000|540|
|Grants to individuals||23,586|6,650|
|||78,905|76,970|
|Support costs||||
|Governance costs||||
|Clerks' fees||1,406|1,612|
|Auditor's
remuneration||3,360|3,120|
|Legal and professional|fees|1,269|969|
|||6,035|5,701|
|Total resources expended||84,940|82,671|
|Net income/(expenditure)||19,387|~6005)|