| Unrestricted | Unrestricted | Restricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | Funds | ||||
| Notes | 2022 | 2022 | 2022 | 2022 | 2021 | |||
| Income from: | ||||||||
| Donations and legacies |
||||||||
| Charitable activities |
2 | 25,453 | 25,453 | 25,771 | ||||
| Investments | 3 | 4,221 | 2,613 | 6,834 | 4,753 | |||
| Total income | 29,674 | 2,613 | 32,287 | 30,524 | ||||
| Expenditure on: Charitable activities |
4 | 38,936 | 38,936 | 59,969 | ||||
| Total expenditure | 38,936 | 38,936 | 59,969 | |||||
| Net (expenditure)/income | before movements | (9,262) | 2,613 | (6,649) | (29,445) | |||
| in investments | ||||||||
| Net (losses)/gains on investment |
assets | 8 | (1,438) | (27,807) | (6,702) | (35,947) | 69,712 | |
| Net (expenditure)/income | (10,700) | (27,807) | (4,089) | (42,596) | 40,267 | |||
| Transfers between funds |
10 | |||||||
| Net movement in funds |
(10,700) | (27,807) | (4,089) | (42,596) | 40,267 | |||
| RECONCILIATION OF FUNDS |
||||||||
| Total funds brought forward |
540,710 | 239,464 | 125,099 | 905,273 | 865,006 | |||
| Total funds carried forward | 10 | K530,010 | f211,657 | f,121,010 | f862,677 | f905,273 |
| 2022 | 2022 | 2021 | 2021 | |||
|---|---|---|---|---|---|---|
| Notes | ||||||
| FIXED ASSETS: | ||||||
| Freehold property Investments |
375,000 478,083 |
375,000 521,417 |
||||
| Total Fixed Assets | 853,083 | 896,417 | ||||
| CURRENT ASSETS: | ||||||
| Debtors | 1,474 | 1,353 | ||||
| Cash at bank | 12,110 | 10,237 | ||||
| 13,584 | 11,590 | |||||
| CREDITORS: amounts | falling | |||||
| due within one year | (3,990) | (2,734) | ||||
| NET CURRENT ASSETS | 9,594 | 8,856 | ||||
| NET ASSETS | f.862,677 | K905,273 | ||||
| FUNDS | ||||||
| Endowment Fund |
121,010 | 125,099 | ||||
| Restricted Fund | 211,657 | 239,464 | ||||
| Unrestricted Funds |
530,010 | 540,710 | ||||
| Total Charity Funds | 10 | f.862,677 | 6905,273 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Weekly maintenance | contributions | 19,467 | 20,034 | ||
| Service charges | 4,429 | 4,590 | |||
| Electricity | recharged | 1,557 | 1,147 | ||
| f25,453 | 625,771 | ||||
| INVESTMENT | INCOME | ||||
| 2022 | 2021 | ||||
| Bank interest | 4 | 1 | |||
| Dividends | (ofwhich 62,613(2021:Kl,934)related to the Endowment | Fund) | 6,687 | 4,604 | |
| Investment | interest | 143 | 148 | ||
| 66,834 | K4,753 | ||||
| EXPENDITURE ON CHARITABLE ACTIVITIES | |||||
| 2022 | 2021 | ||||
| Heat, light | and water | 7,326 | 5,771 | ||
| Insurance | 1,033 | 1,159 | |||
| Repairs, maintenance | and service contracts | 6,042 | 7,543 | ||
| Property refurbishment |
15,769 | 35,562 | |||
| Subscriptions &TV licences |
187 | 190 | |||
| Bequests | 101 | 91 | |||
| Sundries | 848 | 1,853 | |||
| Honoraria | 7,530 | 7,700 | |||
| Independent | Examination | 100 | 100 | ||
| 638,936 | f59,969 |
| TANGIBLE | FIXE | DASSETS | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Freehold property | (nine | units ofaccommodation) | ||
| Cost at 31 December and | 1 January | 6375,000 | 6375,000 |
| FIXEDASSETINVESTMENTS | ||
|---|---|---|
| 2022 | 2021 | |
| Market value at I January | 521,417 | 469,771 |
| Additions at cost |
2,613 | 1,934 |
| Disposals at carrying value |
(10,000) | (20,000) |
| Unrealised gains in the year |
(35,947) | 69,712 |
| Market value at 31December | f478,083 | f.521,417 |
| Cost ofinvestments at 31 December |
6166,972 | 5.170,237 |
| Unrealised gains |
6311,111 | 6351,180 |
| At 31 | December | 2022, the followi | ng investments |
formed more than 5%ofth | e total: | |
|---|---|---|---|---|---|---|
| 0/ | ||||||
| COIF | Charities | Investment Fund |
(Extraordinary | Repairs Fund) | 217,922 | 45.9% |
| CAF | Investment | Fund (Unrestricted) | 145,416 | 30.0% | ||
| CAF | Investment | Fund (Permanent | Endowment) | 114,745 | 24.1% | |
| $478,083 | 100.0% |