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2022-12-31-accounts

Page
Trustees'
Report
Statement ofTrustees' Responsibilities 10
Accountants'
report
Statement
of Financial		 Activities 13
Income and Expenditure account 14
Recognised
Gains and		 Losses 14
Movements
in Accumulated
Funds		 15
Balance Sheet 16
Notes to the Accounts 17
Detailed Statement
of Financial Activities		 24

for the year ended 31 Decem ber 2022
Endowment Unrestricted Restricted Total Last Year
Funds Funds Funds Funds Total Funds
Notes 2022 2022 2022 2021
K K
Incoming resources
Investment
Income		 65,226 65,226 69,277
Incoming resources
from charitable		 activities 159,592 159,592 154,370
Total incoming
resources		 224,818 224,818 223,847
Investment
management
costs		 15,273 15,273 15,283
Costs ofcharitable
activities		 211,991 211,991 88,570
Governance
costs		 60,744 60,744 58,267
Totalresources
expended		 288,008 288,008 162,120
(Net outgoing
resources)/net		 incoming resources
before transfers
between funds		 (63,190) (63,190) 61,527
(Net outgoing
resources)/net		 incoming resources before
other recognised
gains and		 losses (63,190) (63,190) 61,527
Other recognised
gains and		 losses
(Losses)/gains
on investment
assets		 (166,569) (122,973) (289,542) 239,018
Net movement
in funds		 (166,669) (186,163) (362,732) 300,646
Reconciliation
offunds
Total funds
brought
forward		 2,023,576 1,611,152 217,304 3,852,032 3,551,487
Total Funds carried forward 1,867,007 1,424,989 217,304 3,499,300 3,862,032

Notes 2022 2021
Turnover p. 6
159,592 154,370
Direct costs ofturnover 227,264 103,853
Gross (deficit)/surplus (67,672) 50,517
Governance
costs		 60,744 58,267
Operating
deficit		 (128,416) (7,750)
Realised Gains on investments 56,922 24,426
Income from other fixed asset investments 59,996 68,238
Interest receivable 5,230 1,039
(Deficit)/surplus
on ordinary
activities before		 tax (6,268) 85,953
(Deficit)/surplus
for the financia year		 (6,268) 85,953
Retained (deflcit)/surplus
for the financial year		 6,268 85,953
All activities derive from continuing
operations
Statement ofTotal Recognised
Gains and Losses
forthe year ended 31 December 2022
2022 2021
Excess ofIncome over Expenditure
before realisation		 ofassets (105,419) (820)
Realised gains on endowment
investments		 42,229 39,298
Realised Gains on investments 56,922 47,475
Profit /(Loss)
per Profit and Loss account		 (6,268) 85,953
Unrealised
(losses)/gains
on
investments		 (346,464) 214,592
Net Movement
in funds before taxation		 352,732 300,545
The notes on pages 17to 23form an integral part ofthese accounts.

Revenue accumulated Revenue accumulated Revenue accumulated funds funds Unrestricted Restricted Total Last year
Funds Funds Funds Total Funds
2022 2022 2022 2021
E E K
Accumulated funds brought forward 645,578 645,578 588,483
Recognised gains and losses before transfers 101,611 101,611 57,095
543,967 543,967 645,578
Transfers
(to)/from		 designated funds
Closing revenue accumulated funds 543,967 543,967 645,578
Designated revenue funds Total Last year
Funds Total Funds
2022
E		 2021f
At 1 January 547,386 559,915
Recognised gains and losses before transfers 55418 12529
At 31 December 491,968 547386

Endowment funds Endowment Endowment
Funds Total Funds
2022 2021
Endowment funds brought forward 2,023,576 1,810,379
Recognised gains and losses before transfers 213,197
1,857,007 2,023,576
Fixed asset funds Designated Restricted Total Last year
Funds Funds Funds TotalFunds
2022 2022 2022 2021
E E
At 1 January 418,188 217,304 635,492 592,710
Recognised gains and losses before transfers 29,134 29 134 42,782
At 31 December 389,054 217,304 606,358 635,492
Summary
of funds		 Summary
of funds		 Endowment E.FLF E.FLF Unrestricted Unrestricted Restricted Total Last Year
Funds Funds Funds Funds Funds Total Funds
2022 2022 2022 2022 2022 2021
8 E f K
Revenue
accumulated		 funds 543,967 543,967 645,578
Revenue
designated		 funds 491,968 491,968 547,386
Fixed asset funds 389,054 217,304 606,358 635,492
Endowment
funds		 1,857,007 1,857,007 2,023,576
Total funds 1,857,007 491,968 933,021 217,304 3,499,300 3,852,032
The statement
ofchanges		 In resources applied for fixed assets for Charity use is shown in the notes to the accounts

7 Investment
Income		 Investment
Income		 2022 2021
E
Income from listed fixed asset investments 59,996 68,238
Other bank deposit interest received 5230 1 039
65 226 69277
8 Staff Costs and Emoluments 2022 2021
K F
Gross Salaries 47,893 46,048
Pension Payments
(Ind. lump sum)		 4,633 4,459
Pension Contributions 1,558 1,484
54,084 51,991
Numbers offull time employees or full time equivalents 2022 2021
Engaged an charitable activities
Engaged on management
and administration

Tangible functional
 fixed asset s
Freehold
Land and Fixtures &
buildings
K		 Components Equipmentf Total
Asset cost, valuation or revalued amount
At 1 January 2022 529,190 6,869 536,059
Additions 21,156 21,156
At 31 December 2022 529190 21,156 6 869 557,215
Accumulated
depreciation		 and Impairment provisions
At 1 January 2022 137,592 6,471 144,063
Charge for the year 10,584 1,155 398 12,137
At 31 December 2022 148,176 1 155 6,869 156,200
Net book value
At 31 December 2022 381,014 20,001 401,015
At 31 December 2021 391 598 398 391996
1.The above freehold land and buildings are stated at historical cost. No provision has been provided for dilapidatians on the
buildings as provision for long term renovation ofthe buildings is being made through the Extraordinary
Repairs Fund.

Fixed Asset Investments
Listed Unlisted 2022
Investments Investments Total
Valuation
Market value at 1 January 2022 2,464,759 2,464,759
Additions
at cost		 390,247 390,247
Canying
value ofdisposals		 (362,434) (362,434)
Net unrealised
gain/(loss)
on revaluation
of investments		 (281,337) (281,337)
Market value at 31 December 2022 2,211 235 2,211,235
Cash held by investment
advisors		 51,715
Total Investments
induding		 cash At 31December 2022 2,262,950
Total Investments
including		 cash At 1 January
2022		 2.498 981
Analysis ofinvestments
between		 UK investments and Investments outside the UK
Listed Unlisted 2022
Investments Investments Total
Investment
assets in the UK		 2,262,950 2,262,950
Investment
assets outside the		 UK
Total market value 2,262 950 2,262 950
Listed Unlisted 2021
Investments Investments Total
Investment
assets in the UK		 2,498,981 2,498,981
Investment
assets outside the		 UK
Total market value 2,498,981 2,498 981
Realised Gains on dlsposats
Listed Unlisted 2022
Investments Investments Total
Realised Gains on dlsposals on none programme related assets
Carrying
value ofdisposals		 362,434 362,434
Disposal Proceeds 419,356 419,356
Net realised (gains)llosses 56,922 56 922
Listed Investments
include the following		 material items:-
Security Type ofshare Holding Market Market
Value Value
2022 2021
f.
COIF Charity Investments Inc Units 9,589 196,919 172,362
COIF Charity Funds Development fund Units 8,060 165,519 144,878
362,438 317,240

11 Debtors 2022 2021
Maintenance
fees debtors		 9 127
Prepaid expenses 4,429 7,893
4 438 8,020
4,438 8,020
12 Investments
held as		 current assets 2022 2021
K
Listed investments 269,954 327,518
13 Creditors: amounts falling due within one year 2022 2021
f.
Trade creditors 4,512 1,476
Accrued expenses 49,761 5,150
PAYE and
Nl		 508 537
Other Creditors 8 527 8,563
64,308 15,726

15 Analysis ofthe Net Movement
in		 Analysis ofthe Net Movement
in		 Funds 2022 2021
Net movement in funds from Statement
ofFinancial		 Activities (63,190) 61,527
Net resources applied
on functional		 fixed assets (21,156)
Realised gains on investments 56,922 47,475
Net movement In funds available for future activities 27,424 109,002

Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities Status ofthis schedute to the Statement ofFinancial Activities
The schedules
on the following
pages are required
by the disdosure
requirements
and Reporting
issued
by the Charity Commissioners
for England
&Wales, .		 ofthe Statement of Recommended Practice for Accounting
As such, they form a part ofthe accounts required by the Charities (Accounts and Reports) Regulations.
Incoming Resources 2022 Z021
6
Endowment Unrestricted Restricted Total Prior Period
Funds Funds Funds Funds Total Funds
Incoming Resources from generated funds 2022 2022 2022 2022
6		 2021f
Voluntary
Income
Granbt, legacies and donations
Total Voluntary
Income
Investment
Income
Income from fisted fixed asset investments 59,996 59,996 68,238
Other bank deposit interest received 5,230 5,230 1,039
Total Investment
Income		 66,226 65,226 69,277
Incoming
resources
from		 charitable activities
Maintenance
Revenue		 158,793 168,793 153,593
Other ancillary trading to benefit beneficiaries 799 799 777
Total Incoming
resources		 from
charitable
activities		 169,692 169,692 164,370
Total Incoming Resources 224,818 224,818 2Z3,647
Gains on investment
assets
Realised Gains on investments 45,090 11,832 55,922 24,426
Unrealised
(losses)/gains
on		 investments 211659 134805 346454 214592
166669 122,973 289642 23$018
investment
management
costs
Investment
management
fees		 15,273 15,273 15,283
Costs reallocated
from governance		 costs
1
273		 16273 16283
Charitable
expenditure
Costs ofacthrltles
ln furtherance		 ofthe chartty's objectives
General Repairs and Maintenance 181,035 151,035 39,702
Car Park
Rates and water rates 5,729 5,729 5,873
Light 8 heat (net of refunds) 3,064 3,064 2,301
Insurance 6,462 5462 6 570
178,290 176290 246
Support costs ofcharitable actlvltles
Site Managers'
Salaries		 20,233 20,233 19,460
Pension
contributions
charitable		 empioyees 1,556 1,558 1,484
Maintenance
sahry		 13,910 13,910 13,3BO
36701 36701 34324

2022 2021
8
Endowment Unrestricted Restricted Total Prior Period
Funds Funds Funds Funds Total Funds
2022 2022 2022 2022 2021
Specific governance costs
Clerk's fees 18,065 16,065 15,439
Independent
Examiner's		 Fees 3,354 3,354 3,400
Legal fees 641 641 373
Depreciation
offfxed assets used for govefnance		 12,137 12,137 11,214
stanage/nant
and administration		 costs
Employee costs:
Finance officer's fees 11,595 11,595 11,149
Pension 4,633 4,833 4,459
Travel and subsistence 760 760
Rates, water and service charges 1,357 1,357 1,357
General administrative expenses:
Telephone
and fax		 2,438 2,438 2,664
Postage, stationery
and		 printing 311
Subscriptions 524 524 283
Software and web costs 651 651 640
Health and safety costs 3,511 3,511 4,604
Bank charges 134 134 108
Sundry expenses 2,944 2,944 2,268
Total governance costs after reallocation 60,744 60,744 58,267