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|---|---|---|---|---|
|Reference and Administration
Details|||||
|Report ofthe Trustees||||2 to 4|
|Independent
Auditor's|Report|||5 to 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|
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||||2023|2022|
|---|---|---|---|---|
||Notes||||
|INCOME AND ENDOWMENTS FROM:|||||
|Charitable
activities|3||221,161|215,790|
|Investments|||1,420|28|
|Total|||222,581|215,818|
|EXPENDITURE ON:|||||
|Charitable
activities|||204,713|184,369|
|Total|||204,713|184,369|
|OPERATING SURPLUS|||17,868|31,449|
|OTHER RECOGNISED GAINS AND|||||
|LOSSES:
Gains/(losses)
on investment|assets||~1,804)|12,819|
|TOTAL COMPREHENSIVE
INCOME|||||
|AND NET MOVEMENT|IN FUNDS||16,064|44,268|
|RECONCILIATION
OF|FUNDS:||||
|Total funds brought
forward|||1,367,164|1,322,896|
|TOTAL FUNDS CARRIED FORWARD|||1,383,228|1,367,164|
|CONTINUING
OPERATIONS|||||
|All income and expenditure|has arisen from continuing|activities.|||
##
|||2023|2022|
|---|---|---|---|
||Notes|||
|FIXEDASSETS||||
|Housing
properties|9|940,441|958,213|
|Other property|9|37,200|37,200|
|Investments|10|114,586|116,390|
|||1,092,227|1,111,803|
|CURRENT ASSETS||||
|Stocks|11|4,594|4,594|
|Debtors|12|7,688|2,340|
|Cash at bank and in hand||305,063|275,354|
|||317,345|282,288|
|CREDITORS||||
|Amounts
falling due within one year|13|(26,344)|(26,927)|
|NET CURRENT ASSETS||291,001|255,361|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||1,383,228|1,367,164|
|NET ASSETS||1,383,228|1,367,164|
|FUNDS||||
|Unrestricted
funds||1,383,228|1,367,164|
|TOTAL FUNDS||1,383,228|1,367,164|
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|||2023|2022|
|---|---|---|---|
|Accommodation|charges and guest flat rent|218,371|212,278|
|Farmland
rental||2,790|3,280|
|Leaflet sales|||232|
|||221,161|215,790|
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|||||2023|2022|
|---|---|---|---|---|---|
|Warden expenses||||7,046|6,936|
|Insurance||||5,374|4,951|
|Auditors'
remuneration||for auditing|the accounts|3,410|3,180|
|Electricity||||32,436|34,324|
|Fuel oil||||20,365|8,241|
|Water and sewage||||7,052|6,653|
|Telephone||||1,023|960|
|Cleaning||||1,560|1,165|
|Subscriptions|and donations|||1,065|215|
|Wages||||14,980|6,834|
|Administration|costs|||738|727|
|Repairs and maintenance||||82,155|82,485|
|Gardening
and|path maintenance|||8,263|7,885|
|Catering||||1,415|1,890|
|Depreciation||||17,772|17,772|
|Leaflet costs|||||151|
|Interest payable||||59||
|||||204,713|184,369|
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|Gain/(loss)|on Charities||Official Investment||Fund|~1,804)|12,819|
|NET SURPLUS||||||||
|The net movement||in resources is stated after|||charging:|||
|||||||2023|2022|
|Auditors'|remuneration||for auditing|the accounts||2,150|2,000|
|Auditors'|remuneration||for non-audit|services||1,260|1,180|
|Stafl'costs||||||14,980|6,834|
|Depreciation||||||17,772|17,772|
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|No amounts
were payable to the Tr
TANGIBLE FIXEDASSETS|ustees at the reporting|date (2022:I3,4|40).||
|---|---|---|---|---|
|||Stonehouse|||
||College|Yard|Freehold||
||buildings|buildings
f|farmland|Totals|
|COST|||||
|At 1stApril 2022 and at|||||
|31stMarch 2023|332,121|888,623|37,200|1,257,944|
|DEPRECIATION|||||
|At 1st April 2022||262,531||262,531|
|Charge for year||17,772||17,772|
|At 31st March 2023||280,303||280,303|
|NET BOOKVALUE|||||
|At 31stMarch 2023|332,121|608,320|37,200|977,641|
|At 31st March 2022|332,121|626,092|37,200|995,413|
##
|||Stonehouse|||
|---|---|---|---|---|
||College|Yard|Freehold||
||buildings|buildings|farmland|Totals|
|Gross cost|731,398|1,840,196|37,200|2,608,794|
|Grants received|~399,277)|~951,573)||(1,350,850)|
|Net cost|332,121|888,623|37,200|1,257,944|
|Valuation|||||
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|10.|FIXEDASSET INVESTMENTS|||
|---|---|---|---|
||||Listed|
||||Investments|
||||f|
||MARKET VALUE|||
||At 1st April 2022||116,390|
||Revaluation||(1,804)|
||At 31st March 2023||114,586|
||The original cost ofthe fixed asset investments|isf10,172(2022 - f10,172).||
##
|11.|STOCK|||
|---|---|---|---|
|||2023|2022|
||Leaflets|4,594|4,594|
|12.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||2023|2022|
||Trade debtors|2,790|2,340|
||Other debtors|4,898||
|||7,688|2,340|
|||||2023|2022|
|---|---|---|---|---|---|
|Trade|creditors|||3,237|4,670|
|Social|security|and|other taxes|651||
|Other|creditors|and|accruals|22 456|22 257|
|||||26,344|26,927|
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||||2023|2022|
|---|---|---|---|---|
|INCOME|||||
|Accommodation||charges and guest flat rent|72,374|69,817|
|EXPENDITURE|||||
|Warden expenses|||2,487|2,407|
|Insurance|||1,789|1,624|
|Auditors'|remuneration||1,203|1,072|
|Electricity|||4,530|4,801|
|Fuel oil|||20,365|8,241|
|Water and|sewage||1,501|1,343|
|Telephone|||176|150|
|Cleaning|||551|433|
|Administration||charges|5,548|2,808|
|Repairs and maintenance|||50,772|33,777|
|Gardening|and|path maintenance|3,634|3,631|
|Catering|||499|702|
|Total|||93,055|60,989|
|NET (DEFICIT)/INCOME|||~20,681)|8,828|
##
|||2023|2022|
|---|---|---|---|
|INCOME||||
|Accommodation|charges|145,997|142,641|
|EXPENDITURE||||
|Warden expenses||4,559|4,529|
|Insurance||3,585|3,327|
|Auditors'
remuneration||2,207|2,108|
|Electricity||27,906|29,523|
|Water and sewage||5,551|5,310|
|Telephone||847|810|
|Cleaning||1,009|732|
|Subscriptions
and|donations|1,065|215|
|Administration
charges||10,170|4,753|
|Repairs and maintenance||31,383|48,708|
|Gardening
and path maintenance||4,629|4,254|
|Catering||916|1,188|
|Depreciation||17,772|17,772|
|Total||111,599|123,229|
|NET INCOME||34,398|19,232|