| Page | ||||
|---|---|---|---|---|
| Reference and Administration Details |
||||
| Report ofthe Trustees | 2to 4 | |||
| Independent Auditor's |
Report | 5to 8 | ||
| Statement ofFinancial | Activities | |||
| Statement ofFinancial | Position | 10 | ||
| Notes to the Financial | Statements | 11to 17 | ||
| Income and Expenditure | Account —The College | 18 | ||
| Income and Expenditure | Account —Stonehouse | Yard | 19 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Notes | ||||
| INCOME AND ENDOWMENTS FROM: | ||||
| Charitable activities |
3 | 215,790 | 208,674 | |
| Investments | 28 | 107 | ||
| Total | 215,818 | 208,781 | ||
| EXPENDITURE ON: | ||||
| Charitable activities |
184,369 | 131,334 | ||
| Total | 184,369 | 131,334 | ||
| OPERATING SURPLUS | 31,449 | 77,447 | ||
| OTHER RECOGNISED GAINS AND | ||||
| LOSSES: | ||||
| Gains/(losses) on investment |
assets | 12,819 | 20,450 | |
| NKT MOVEMKNT IN FUNDS | 44,268 | 97,897 | ||
| RECONCILIATION OF |
FUNDS: | |||
| Total funds brought forward |
1,322,896 | 1,224,999 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,367,164 | 1,322,896 | ||
| CONTINUING OPERATIONS |
||||
| All income and expenditure | has arisen from continuing | activities. |
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | |||
| FIXEDASSETS | |||
| Housing properties | 9 | 958,213 | 975,985 |
| Other property | 9 | 37,200 | 37,200 |
| Investments | 10 | 116,390 | 103„571 |
| 1,111,803 | 1,116,756 | ||
| CURRENT ASSETS | |||
| Stocks | 11 | 4,594 | 4,745 |
| Debtors | 12 | 2,340 | 2,300 |
| Cash at bank and in hand | 275,354 | 222,594 | |
| 282,288 | 229,639 | ||
| CREDITORS | |||
| Amounts falling due within one year |
13 | (26,927) | (23,499) |
| NKT CURRENT ASSETS | 255,361 | 206,140 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 1,367,164 | 1,332,896 | |
| NET ASSETS | 1,367,164 | 1,332,896 | |
| FUNDS | |||
| Unrestricted funds |
1,367,164 | 1,332,896 | |
| TOTAL FUNDS | 1,367,164 | 1,322,896 |
| INCOME FRO | M CHARITABLE ACTIVITIES | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Accommodation | charges and guest flat rent | 212,278 | 206,374 |
| Farmland rental |
3,280 | 2,300 | |
| Leaflet sales | 232 | ||
| 215,790 | 208,674 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Warden expenses | 6,936 | 6,782 | |||
| Insurance | 4,951 | 4,815 | |||
| Auditors' remuneration |
for auditing | the accounts | 3,180 | 3,010 | |
| Electricity | 34,324 | 29,515 | |||
| Fuel oil | 8,241 | 9,218 | |||
| Water and sewage | 6,653 | 7,612 | |||
| Telephone | 960 | 985 | |||
| Cleaning | 1,165 | 4,925 | |||
| Subscriptions | and donations | 215 | 970 | ||
| Wages | 6,834 | 10,169 | |||
| Administration | costs | 727 | 1,121 | ||
| Repairs and maintenance | 82,485 | 19,338 | |||
| Gardening and |
path maintenance | 7,885 | 8,982 | ||
| Catering | 1,890 | 1,189 | |||
| Depreciation | 17,772 | 17,772 | |||
| Leaflet costs | 151 | ||||
| Interest payable | 4,931 | ||||
| 184,369 | 131,334 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Gain on Charities | Official Investment | Fund | 12,819 | 20,450 | |
| NET SURPLUS | |||||
| The net movement | in resources is stated aller charging: | ||||
| 2022 | 2021 | ||||
| Auditors' remuneration |
for auditing | the accounts | 2,000 | 2,000 | |
| Auditors' remuneration |
for non-audit | services | 1,080 | 1,010 | |
| Staffcosts | 6,834 | 10,169 | |||
| Depreciation | 17,772 | 17,772 |
| Stonehouse | ||||
|---|---|---|---|---|
| College | Yard | Freehold | ||
| buildings | buildings | farmland | Totals | |
| COST | ||||
| At 1st April 2021 and at | ||||
| 31stMarch 2022 | 332,121 | 888,623 | 37,200 | 1,257,944 |
| DEPRECIATION | ||||
| At 1stApril 2021 | 244,759 | 244,759 | ||
| Charge for year | 17,772 | 17,772 | ||
| At 31stMarch 2022 | 262,531 | 262,531 | ||
| NET BOOKVALUE | ||||
| At 31stMarch 2022 | 332,121 | 626,092 | 37,200 | 995,413 |
| At 31stMarch 2021 | 332,121 | 643,864 | 37,200 | 1,013,185 |
| Stonehouse | ||||
|---|---|---|---|---|
| College | Yard | Freehold | ||
| buildings | buildings | farmland | Totals | |
| 8 | ||||
| Gross cost | 731,398 | 1,840,196 | 37,200 | 2,608,794 |
| Grants received | ~399,277) | ~951,573) | (1,350,8503 | |
| Net cost | 332,121 | 1188,623 | 37,200 | 1,257,944 |
| 10. | FIXEDASSETINVESTMENTS | |||
|---|---|---|---|---|
| Listed | ||||
| Investments | ||||
| MARKET VALUE | ||||
| At 1stApril 2021 | 103,571 | |||
| Revaluation | 12,819 | |||
| At 31stMarch 2022 | 116,390 | |||
| The original cost ofthe fixed asset investments | is 510,172(2021 - 510,172). | |||
| 11. | STOCK | |||
| 2022 | 2021 | |||
| Leaflets | 4,594 | 4,745 | ||
| 12. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||
| 6 | f. | |||
| Rent arrears | 2,340 | 2,300 |
| 2022 | 2021 |
|---|---|
| 26,927 | 23,499 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| INCOME | ||||
| Accommodation | charges and guest flat rent | 69,817 | 65,970 | |
| EXPENDITURE | ||||
| Warden expenses | 2,407 | 2,353 | ||
| Insurance | 1,624 | 1,579 | ||
| Auditors' | remuneration | 1,072 | 1,015 | |
| Electricity | 4,801 | 3,168 | ||
| Fuel oil | 8,241 | 9,218 | ||
| Water and | sewage | 1,343 | 1,537 | |
| Telephone | 150 | 143 | ||
| Cleaning | 433 | 1,829 | ||
| Administration | charges | 2,808 | 4,194 | |
| Repairs and maintenance | 33,777 | 3,913 | ||
| Gardening | and path maintenance | 3,631 | 4,136 | |
| Catering | 702 | 442 | ||
| Total | 60,989 | 33,527 | ||
| NKT INCOME | 8,828 | 32,443 |
| 2022 | 2021 | ||
|---|---|---|---|
| INCOME | |||
| Accommodation | charges | 142,461 | 140,404 |
| EXPENDITURE | |||
| Warden expenses | 4,529 | 4,429 | |
| Insurance | 3,327 | 3,236 | |
| Auditors' remuneration |
2,108 | 1,995 | |
| Electricity | 29,523 | 26,347 | |
| Water and sewage | 5,310 | 6,075 | |
| Telephone | 810 | 842 | |
| Cleaning | 732 | 3,096 | |
| Subscriptions and |
donations | 215 | 970 |
| Administration charges |
4,753 | 7,096 | |
| Repairs and maintenance | 48,708 | 15,425 | |
| Gardening and path maintenance |
4,254 | 4,846 | |
| Catering | 1,188 | 747 | |
| Depreciation | 17,772 | 17,772 | |
| Total | 123,229 | 92,876 | |
| NET INCOME | 19,232 | 47,528 |