CHARTfiEs OF E. SE EWICK AND SARAH GODFREY ACC 31 DECEMBER 2021
| CHARI | TIES OFE.SEDGEWICK AND SARAH | GODFREY | |
|---|---|---|---|
| BALANCE SHEET —31DECEMBER | 2021 | ||
| TRUST ASSETS | NOTES | 2021 | 2020 |
| K | |||
| Land | 9,720 | 9,720 | |
| Properties | 51,369 | 51,369 | |
| Investments | 72,490 | 72,489 | |
| 133,579 | 133,578 | ||
| GENERAL ASSETS | |||
| Investments | 109,723 | 109,712 | |
| Current assets | 143,074 | 116,017 | |
| 252,797 | 225,729 | ||
| Current liabilities | (180) | (180) | |
| 252,617 | 225,549 | ||
| TOTAL ASSETS | 386,196 | 359,127 | |
| Represented by:- |
|||
| TRUST FUND | |||
| Balance at 1 January | 91,468 | 90,403 | |
| Interest from bequest from Estate | 1,019 | 1,065 | |
| OfE.W.Tutt, deceased | |||
| Balance at 31December | 92,487 | 91,468 | |
| GENERAL FUND | |||
| Balance at 1 January | 267,659 | 239,277 | |
| Surplus/(Deficit) | for year | 26,050 | 28,382 |
| Balance at 31December | 293,709 | 267,659 | |
| TOTAL OFFUNDS | 386,196 | 359,127 | |
| Approved' y the Trustees on |
|||
| TRUSTEES |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| K | |||||
| 1. | LAND | ||||
| At valuation in 1970less sales |
9,720 | 9,720 | |||
| 2. | PROPERTIES | ||||
| At valuation in 1970 |
11,200 | 11,200 | |||
| Improvements at cost |
40,169 | 40,169 | |||
| 51,369 | 51,369 | ||||
| 3. | TRUST FUND INVESTMENTS | ||||
| 1880shares in Charities Investment | Fund | ||||
| —At cost in 1965 | 1,650 | 1,650 | |||
| 1,286.55 shares in Charities Investment | Fund | ||||
| —At cost in 1995 | 8,272 | 8,272 | |||
| 7,497.38 shares in Charities Investment |
Fund | ||||
| —At cost in 2003 | 60,000 | 60,000 | |||
| Cash at bank - from sale ofland | 230 | 230 | |||
| -Reserve Account | 2,338 | 2,337 | |||
| 72,490 | 72,489 | ||||
| 4. | OTHER INVESTMENTS | ||||
| 24.39shares in Charities Investment |
Fund | ||||
| -At cost in 1995and 1996 | 163 | 163 | |||
| Cash at bank - Reserve Account | 65,646 | 65,640 | |||
| —National Savings |
43,914 | 43,909 | |||
| 109,723 | 109,712 | ||||
| 5. | CURRENT ASSETS | ||||
| Prepaid expenses | 1,897 | 1,740 | |||
| Cash at bank —Current Account | 141,177 | 114,277 | |||
| 143,074 | 116,017 | ||||
| 6. | CURRENT LIABILITIES | ||||
| Creditors and accrued expenses |
180 | 180 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| INCOME | |||||||
| Rents —Properties | 25,567 | 27,569 | |||||
| —Fields and | allotments | 1,215 | 1,504 | ||||
| - Miscellaneous | |||||||
| 26,782 | 29,073 | ||||||
| Interest —Reserve Account |
6 | 49 | |||||
| —National | Savings | 4 | 257 | ||||
| —Charities | Investment | Fund | 4,634 | 4,544 | |||
| 4,644 | 4,850 | ||||||
| Other —Fordreds Charity | |||||||
| 31,726 | 34,223 | ||||||
| EXPENDITURE | |||||||
| Property expenses: | |||||||
| Repairs and maintenance | 1,143 | 3,239 | |||||
| Rates | |||||||
| Insurance | 2,373 | 2,242 | |||||
| 3,516 | 5,481 | ||||||
| Clerk's salary / Treasurer's | expenses | ||||||
| Accountant's fees |
180 | 180 | |||||
| Miscellaneous | |||||||
| Professional fees |
|||||||
| Computer costs | 180 | 180 | |||||
| Donations | 1,800 | ||||||
| Grant | |||||||
| (5,676) | (5,841) | ||||||
| SURPLUS/(DEFIC | IT) FOR | THE YEAR | 26,050 | 28,382 |