OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Objecti ves and Acti viti es es
SORP reference
Summary ofthe purposes of Para 1 17 To provide for education
and
the charity as set out in its advancement
in life ofchildren of
governing document distressed
or deceased freemasons;
to
benefit widows ofthe same, and to
provide to old, infirm and distressed
freemasons
ofthe Masonic Province of
South Wales.
Summary
activities		 ofthe main
in relation to those		 Para
1 19		 1 17and In addition, a sum not exceeding
ofthe investment
income shown		 one half
in the
purposes for the public previous
year's account to be dispersed
benefit,
in particular,		 the at the discretion ofthe Executive
activities, projects or services Committee to non-Masonic
Registered
identified in the accounts. Charities, either based within, or
operating
within the province of		 South
Wales.
Statement confirming Para 1.18 Confirmed —as above.
whether
the trustees		 have
had regard to the guidance
issued
by		 the Charity
Commission
on public
benefit

SORP reference SORP reference
Para 1 38
Policy on grant making
Para 1 38
Policy on social investment
including program related
investment
Para 1 38
Contribution made by
volunteers

Achiev ements
and Pe		 rformance rformance
SORP reference
The Charity has met all qualifying
requests
for its assistance
from properly
identified
Masonic beneficiaries
Summary
ofthe main
achievements
ofthe charity,		 Para 1 20 throughout
In addition,		 the Province ofSouth Wales.
a number ofnon-Masonic
identifying the difference the worthwhile registered charities within
charity's work has made to South Wales have been donated to after
the circumstances
of its		 proper enquiry.
beneficiaries
and any wider
benefits to society as a
whole.
Achievements
against		 Para 1 41
objectives set
Performance
offundraising
activities against objectives Para 1 41
set
Investment
performance		 Para 1 41
against objectives
Other

Financ Financ ial
Review		 ial
Review		 ial
Review		 ial
Review		 ial
Review		 ial
Review
Review
financial		 ofthe charity'6
position at the end		 Para 1 21 Ofthe total distributable
reserves at the
31"December 2022 of52,868,470, the
ofthe period reserves
policy would require
52,409,230
to be set aside.
Masonic fundraising
projects are ongoing
in the years ahead
and it is the Trustees policy to retain the
surplus to contribute to these projects
such sums as they may agree are within
the ob'ects ofthe Chari
Statement explaining the Para 1 22 The Trustees are mindful
ofpossible
policy for holding reserves market fluctuations
in the value ofquoted
stating why they are held investments
and it is their policy to
reserve 25%ofthe market value as a
contingency
reserve. This would amount
to K656,794 in December 2022.
Amount ofreserves held Para 1.22 The Trustees also consider that income
could fluctuate
and it is their policy to
reserve an amount equal to one year' s
ossible
rants of5100,000.
Reasons for holding zero Para 1 22
reserves
Details of fund materially in Para 1 24
deficit
Explanation of any Para 1 23
uncertainties about the
charity continuing as a going
concern
Additional information (optional)
You ma choose to include further statements where relevant
about
The source ofthe capital ofthe fund was
a sum of8850,000 raised by the Brethren
The charity'6 principal ofthe Province
in 1992to enable itto
sources offunds (including Para 1 47 meet the demands
on funds as set out in
any fundraising) its Bye-Laws. It is policy that the sum as
adjusted for inflation,
should represent
the core funds ofthe Charity and should
be used to produce income towards the
distributions
required
by beneficiaries.
After allowance
for inflation this would
amount to51,652,436 in December
2022.
Investment
objectives		 policy and
including
any		 Para 1 46 As in paras. 1.47,1.22, 1.21.
social investment policy
adopted
The only risk factor that the Trustees
consider applicable
to the Charity is a fall
A description of the principal Para 1 46 in investment
values.
This is guarded
risks facing the charity against by a prudent
reserves
policy and
the adoption ofa low risk approach
to
investments.
Other NONE

Description
of charity's
trusts:
Type of governing
document		 Para 1.25 Constitution
How is the charity Para 1 25 Trust
constituted?
Trustee selection methods Para 1 25 Annual Court ofGovernors.
including
details of any
constitutional
provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
NONE
Policies and procedures
adopted for the induction and
training oftrustees
Day to day management is exercised by
the Chairman, Treasurer and Secretary
The charity's organisational subject to the directions ofthe Executive
structure and any wider Para 1 51 Trustees.
network with which the
charity works
The Charity is closely allied to the
Masonic Province ofSouth Wales whose
Relationship with any related Para 1.51 members
are		 principal beneficiaries of
parties the Charity.
Other NONE

Charit
name		 MASONIC BENEVOLENT FUND OF SOUTH WALES
Other name the charit
uses
Re istered charit number 208514
Charity's
principal		 address 5, GUILDFORD STREET, CARDIFF, CF10 2HL
Trustee name Office iif any) Dates
ear		 acted ifnot for whole Name ofperson (or body) entitled
to appoint trustee (ifan
)		 Name ofperson (or body) entitled
to appoint trustee (ifan
)
Andrew
L Gretton		 Chairman
Granville
Thomas		 Secretary
Martyn
A Ridge		 Treasurer
Gareth JJones Trustee Retired 31/01/23
Patrick Pattison Trustee
John Anthony Trustee
Simon Daniel Trustee
A Martin Evans Trustee
David L Matthews Trustee
10 D Gerald Rowbottom President Retired 31/03/22
Peter Jones Vice-President Retired 31/03/22
12 William John Morris Trustee Appt. 11/02/22
13
14
15
16
17
18
19
20

Description
ofthe assets
held
in this capacity		 NONE
Name and objects ofthe
charity on whose behalf the NONE
assets are held and how this
falls within the custodian
charity's objects
Details of arrangements for
safe custody and NONE
segregation
ofsuch assets
from the charity's
own assets

T
e ofadviser		 Name Address
Investment
Managers		 Rathbones 10Queen Square, Bristol, BS14NT

Signed on behalf ofthe charity's tru s
Signature(s)
Full name(s) ANDR LINDSAY GRETTON TYN ALAN RIDGE
Position (eg Secretary, CHAIRMAN TREASURER
Chair, etc)
Date
PEIIEr r i, Fl I, ,f/I I 5; i ''H, ', n, , 5
CHARITY COMMISSION 208514
FOR ENGlAND AND WALES
Annual accounts for the eriod
Period end
penod start date 01/01/2022 To date 31/12/2022
0X
8 Restricted
Recommended
categories		 by unrestricted income Endowment Prior year
activity funds funds funds Tote)funds funds
E E E E E
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations
and legaoes		 601 3,233 80,000 83,233 3,190
Chantable
eotrvrtres		 802
Other trading
activities		 S03
Investments 70,365 70,365 71,816
Separate metenel
item of moome		 S05
Other 806
Total S07 73 598 80000 153598 75,006
Resources expended (Note 6)
Expenditure
on:
Raising funds 808
Chantable
aobvities		 S09 53,877 80,000 133,877 73,129
Separate matenal
item ofexpense		 810 19,902 19,902 21,311
Other 811 374 374 330
Total 612 74, 153 80000 154,153 94,770
Net income/(expenditure) before investment
gains/(losses) 518 - 555 555 19,764
ital gains/(losses)
on investments		 814 14,493 14,493 161,576
Net income/(expenditure) 515 13,938 13,938 141,812
Extraordinary
items		 516
Transfers
between funds		 S17
Other recognised
gains/(losses):
Gains end losses on revaluation ofAxed assets for the chanty's own ose 818 287,793 287,793 122,548
Other gains/Ilosses) S19
Net movement
in funds		 820 - 273,855 273,855 264,360
Reconciliation offunds:
Total funds brought
forward		 sgi 3,142,325 3,142,325 2,877965
Total funds carried forward s22 2 868 470 2,868,470 3,142,325
1
Note 2 Account)ng
policies
2.2 INCOME
This slandsrd list ofsccouniing pokcies has been applied by Ihe chanly except for lhose ticked "No or 'Nya'
where a
difi'erenl oradddronai pohcy has been edopled then this is detailed
in the box below
Recognitlon ofIncome These are induded
ln the Statement of Finsnoal Acbvibes (SoFA) when
the chanly becomes enti5ed to the resources
lt is more gkely lhan not that the trustees
wig receive the resources. and
the monetary
value can be measured
imth sufircrent
reliability
There has been no offseNng of assets and liabilities, or income and expenses. unless required or Yes No Nia
Ogsenlng Permitted
by the FRS 102SORP or FRS 102		 Yes No N/a
Grants and donabons sre only included
in the SOFA when the general
income recognibon
Grants and donations criteria are mat (510to 512FRS102 SORP)
ln the case of performance
related grants,
income must only be recognised
to the extent
that the chanty has provided
Ihs specmed goods or services as enkgement
to the grant
only occurs when the performance
related conditions
are met (5 15FRS 102SORP)
Legacies Legacies are included
in the SOFA when receipt ls probable. that is, when there has
been grant ofprobate. Ihe executors have established
that there ars sufiicmnt assets in
the estate and any condfiions attached to the legacy are caber within the control ofthe
charny or have been met
Government grants The chanty has received
government
grants
in the reporbng
penod
Grfi Aid receivable
is included
in income when there isa valid declaration
from the donor
Tax reclaims on
donations
and gina		 Any Gift Aid amount reinsured
on a donabon
is considered
lo be part ofthat gift and is
treated as an addhon
to the same fund as the indial donation
unless the donor or the		 Yes No Nia
terms ofthe appeal have speofied othenmse
es No Nia
Contractual Income and This is only included
in the SoFAonce the chanty hss provided
the related goods or
perfonnance related services or met the performance
related conditions
9mills
Donated goods Donated goods are measured
at fair value (the amount
for which the asset could be
exchanged)
unless rmprsorcal
to do so
The cost of any stock ofgoods donated
for dislnbution
to benefiasnes
is deemed
to be
the fair value ofthose gifts at tire bme ofthar receipt and they are recognised
on receipt
In the reporbng
penod
in which the stocks are distnbuled,
they are recognised as an
expense at Ihe denying
amount ofthe stocks at distnbution
Donated goods for resale sre measured
at fair value on initial recognnion,
whlcn is the
expected proceeds from sale less the expected costs ofsale, and recognised
in 'Income
from other trading
ackvrties'
vnth the corresponding
stock recognised
in the balance
sheet
on xs sale the value ofstock is charged against'Income
from other trading
acavities'
arid the proceeds horn
sale are also recognised as 'Income from other trading
aclivilias
Goods donated for on-going use by the charity are recognised as langmle
fixed assets
and included
in the SoFAas incoming
resources
when receivable
Gdts ln kind for use by lhe chanty are induced
m the soFA as income from donskons
wnen receivabie
Donated services and Donated services and facerbes are included
in the SOFA when received at Ihe value of
feeiltlas the gift to the charity provided
the value of the gdt can be measured
reliably
Donated services and faokbes that are consumed
immediately
are recognised as income
anth an equivalent
amount recognised as an expense under the appropnate
headmg		 in
the SOFA
Support costa The chanty has incurred
expenditure
on support costs
Volunteer help Ths value ofany voluntary
help received is not rnouded
in Ihe accounts but is descnbed
in the trustees'
annual
report.		 Yea No NiaJ
es No hya
Income from
roystues and		 Interest,
dividends		 This Is included
in Ihe accounts when receipt is probable
and the amount
receivable
be measured
reliably		 can V'
es No hya
Income from membership Membership
subscnptions
received
in the nature ofa gift are recognised
in Donations
subscnptions and Legacies
Membership
subscriptions
which gives a member the right to buy services or other		 es o ia
benefits are recognised as mcome earned
from the provision ofgoods and services as
income from chantable
acbvibes
Seigement
claims		 Seigement
claims		 of Insurance of Insurance Insurance
claims are only included
m the SoFA when the general income recognmon
cntena are met (5 10to 5 12FRS102 SORP) and sre included ss sn item ofother
income
in the SoFA		 Insurance
claims are only included
m the SoFA when the general income recognmon
cntena are met (5 10to 5 12FRS102 SORP) and sre included ss sn item ofother
income
in the SoFA		 Yes No N/8
Investment
10$$8$		 gains and This indudes
any realised or unrealised
gains or losses on the sale ofinvestments
any gain or loss resulting
from revaluing
investments
to market value at the end of		 and
the
year
2.3 EXPENDITURE AND LIABILITIES
Uabfilty recognltlon Liabilities are recogmsed
where
it is more likely than not that there is a legal or		 Yes No N/a
construcbve
obligabon
committing
the chanly to pey out resources and the amount		 ofthe
obligason can be measured
mth reasonable
certainty
Governance and support Suppori costs have been allocated between
governance
mats and other support
Governance
costs compnse ae costs involving
public accountability
ofthe chanty snd its
compliance
mlh regulation
and good pramlce
Suppori costs include central functions
and have been allocated to amivity cost		 Yea No N/a
cslegones on a basis consistent
with the use ofresources, eg allocating
property costs
by floor areas
or per capita. staff costs by the bme spent and other costs by their usage
Grants with performance Where the chanty gives a grant mth conditions
for its paymenl
being aspecifi level of
service or output to be provided,
such grants are only recognised
in the SOFA once the		 /a
reapmnt
ofthe grant has provided
the specrfied service or output
Grants payable without
performance
conditions		 Where there ara no condifions attaching
to the grant that enables Ihe donor chanty
realisbcafiy
avoid the commitment.
a liabi/ity for the full funding
obligatmn
must be
rscog hi$8d		 lo
Redundancy cost The chanty made no redundancy
payments
during the reporting
period		 Yes No N/
Daf8/md Iricorrl 8 No matenal
item of deferred mcome has been included
m Ihe accounts
The charity has creditors
which are measured
at settlement
amounts
less any trade
discounts
Provisions for fiabgltles A liability is measured
on reccgnikon st its hisloncal cost and then subsequently
measured
al the best estimate ofthe amount
required
to setfie the obligation at the		 Yes No N/a
reporbng
date
Saslc financial
Ihstfirrnsrfia		 The chanty accounts for basic financial
instruments
on nl/tial
recognition as per
paragraph
107FRS102SORP
Subsequent
measurement
is as per paragraphs
11 17
lo 1119.FRS102SORP		 Yes No N/a
2ug ASSETS
Tangible fixed assets for These are capitalised
ifthey can be used for more than one year, and cost at least
uae by charity Yes No N/8
They are valued at cost
The deprecrakon
rates and methods
used are disclosed
in note 92
Intangible fixed assets The chanty has intangible
fixed assets, that is, non-monetary
assets that do not have		 Yes No N/a
physical substance
bul are rdsnbfiabte
and are controlled
by Ihe chanty through
custody
or legal nghts
The amorfisation
rates and methods
used are disclosed
in note 95		 v'
/a
They are valued at cost
Heritage assets The chanty has hentage assels
that is, non-monetary
assets with historic, arfistic.
Sorentrfic, technological,
geophysical
or environmental
qual/bee
that are held
and
maintained
pnndpafiy
for their contnbuaon
to knowledge
and culture
The depreciation
rates and methods
used as disclosed
in note 9.6 I 4
They are valued at cost
Ihv8$trrlarlbi Fixed asset investments
in quoted shares. Imded bonds and similar investments
are
valued at inibafiy at cost and subsequently
at fair value (their market value) at the year
end
Ths same treatment
is applied to unlisted
investments
unless fair value cannot be
measured
reliably
in which case il is measured
at cost less impairment
Investments
held for resale or pending
their sale and cash and cash equivalents
with a		 Yes No ls/a
matunty
date ofless than
1 year are treated as current asset investments
Stocks and work in Stocks held for sale as pari ofnonmhantable
trade are measured
al Ihe lower orcost or net		 Yes No Nrs
9/og/8$$ realisable
vs/ue
Goods or services provided as part of a charfiable
activity are measured
at nel realisable		 value es No lf/a
based on the service potenbal
provided
by items of stock
Yes No N/a
Work in progress
is valued at cost less any foreseeable loss that is likely to occur on the		 contract
Debtors (including
trade debtors and loans receivable) are measured
on initial remgnifion		 at
settlement
amount
after any trade discounts
or amount advanced
by Ihe chanty
Subsequenfiy
they are measured
at the cash or omar considerabon
expemed
to be received
Note 3 Analysis
of		 Analysis
of		 Analysis
of		 Analysis
of		 Analysis
of		 income income income income
nvvuhfvd
U mvmclal Ihccm shdvwiiiviit
I ndv I xvv h d Tci fmmx pnc yv
Ana sls E E
Oonatlons Oonaaons and dts 2 933 80 000 82 933 2 937
~hd legacies: Gdt Aid 300 300 253
Geneml grants provided by govemmentiother
charities
Membership subscnptions end sponsorships
which ere in subslance doneaons
Donated oods, fealiees and ssmicss
Other
Total 3,233 80,DDD 83.233 3,190
Charitable
scthfMss. '
Other
Total
Other trading
scgvmas:
Other
Total
Income from Interest income 92 92 110
Investmentei Owidend income 68869 68 869 71 355
Rental and leesin income
Lush ihtsnrst 1404 1404 351
Total 7D.365 70 365 71 816
Separate
ilmtsrla1 Ibnn
of Incomei
Total
Other: Conversion ofendowment funds into income
Gan on disposal of e tangible
fixed assai		 held
fofcha 's own ulm
Gain an disposal of s programme related
investment
Royalties from the exploitadon
of		 fntesectusl
fo
fl		 fl hts
Other
Total
TOTAL INCOME 73598 80 DDD - 153 598 75 DDS
Other Informadon:
Ag Income In the prior year w4s unrestricted except ton
fplssss provide description and smountsi
Where any endowment fund I~converted Into Income In Ihs
reporting psrlcd, please give the reason for the conversion.
Within the Income items above the fonowlng Items srv
mslsrtsh lplssss disclose the nature. amount snd any prtor
ymf iiiliouhl ~)
Note 4 Anal ysis
of receipts		 ofgovernment
 grants
This year Last year
Descri tion E E
Government grant 1
Government grant 2
Government grant 3
Other
Total
Please provide details ofany
unfulfilled conditions and other
contingencies attaching to grants
that have been recognisedin income.
Please give details of other forms of
government assistance from which
the charity has directly benefited.
Note 5 Donated goods, facilities and services
This year Last year
E
Seconded staff
Use ofproperty
Other
Please provide details ofthe
accounting
policy for		 the recognition
and valuation ofdonated goods,
facilities and services.
Please provide details ofany
unfulfilled
conditions		 and other
contingencies
attaching to resources
from donated goods and services not
recognised
in income.
Please give details of other fonna of
other donated goods and services not
recognised
In the accounts, eg
contribution
of unpaid		 volunteers.
Note 6 Analysis ofexpenditure Analysis ofexpenditure Analysis ofexpenditure
Restricted
unrestricted income Endowment
funds funds tunds Totalfunds Prior year
Anal sis 8 E
Expenditure on Incurred
seeking donations
raising funds: Incurred
seeking
legames
Incurred
seeking grants
Operating
membership
schemes and
soaal lotteries
Staging fundraising
events
Fudraising
agents
Operating
charity shops
Operating
a trading
company
undertaking
non-chantable		 trading
activi
Advertising,
marketing,
direct		 mail and
ublici
Start up costs incurred
in		 generating
new source offuture income
Database development
costs
Other trading
activities
Investment
management		 costs:
Portfolio mana
ament costs		 19,902 19,902 21, 11
Cost ofobtaining
investment		 advice
Investment
administration		 costs
Intellectual
property
licencing		 costs
Rent collection,
property		 repairs and
maintenance
charges
Total expenditure
on raising funds		 19,902 19,902 21,311
Expenditure on a~I ~tel» 38,077 80,000 118,077 53 129
charitable
activities		 Grants to non-Masonic
charities		 15,800 15,800 20,000
Total expenditure
on charitable
activities		 53,877 80,000 133,877 73,129
Separate material
item ofexpense
Total
Other
Bank char es 180 180 151
Indemni
Insurance		 179
Total other expenditure 374 374 330

Analysis ofexpend itur e
o		 n charit able activities
Grant
Activity or
programme		 Activities undertaken directly funding
of		 Support
Costs		 Total this
year		 Total
pr/or year
activities
Actlvby
1
Activ'
2
Other
Total
Prior year expenditure on charitable activities
can be analysed as follows:
Within the expenditure items above the
following Items are materlah (please disclose
the nature, amount and any prior year
amounts)

Please explain the nature ofeach extraordinary
item		 occumng in the period.
This year Last year
Descri tion E
Extraordinary item 1
Extraordinary item 2
Extraordinary item 3
Extraordinary Item 4
Total extrordlnary Items NONE NONE

Amount received Amount paid out Balance held at period end Balance held at period end
Description/name ofparty Related
party (Yes This year Last year This year Last year This year Last year
or No
Description/name of party Balance held at period end Balance held at period end
This year Last year
Total
Basis of
Raising funds Activity 1 Activity 2 Activity 3 Grand total allocation
Support cost asc
exam les method)
Governance
Other
NONE
Total

was paid please en ter '0 'in the appropriate
box(esj.
This year Last year
E
Independent
examiner's		 fees
Assurance services other than audit or independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid
to the independent examiner

This year Last year
Number Number
Total

13.1 A nal ysis o fgrants paid (i ncluded
in cost o		 fcharitab le activities)
Grants to Grants to
Analysis Institutions individuals Support costs Total
Activity or project I
BENEFICIARIES 91114 26963 118,077
NON-IVIASONIC CHARITIES 15800 15,800
Actlvl of roect 4
Total 106,914 26,963 NIL 133,877

13.2 Grants made to Institutions
My charity has made grants to partlcularinsdtutlons
that are material
the conterrt of/ts grantmsking.
Details ofthe instltudon
supported,
purpose ofthe grant snd total paid to each institution
is available
on
charity's
web site.		 in
the		 No Please provide
details ofcharity's
t/RL.
Prov/de
details
below
Names ofInstitution Purpose Total amount of
rants
sid E
Nots 14 Tangible fixed assets fixed assets
please complete fhls note Ifme chamy hes eny tang(his Itved asseta
1~.1Cost or valuadon
Freehold
land		 Dtbsrland a Plant, Rxtilres, Total
&bugolnga buadlngs machinery and attlngs ssd
swtor equipment
vehicles
At the beginning
of
ihe year
AooltIOOS
Reveiuatmns
Dlspossls
Transfers '
At end ofthe year
14.2 Depmclatlon
and		 Impalrments
Basis SLor RB SLor RB SLorRB SLor RB SLorRB Siraigm Line
("SLD or
Reuuang
Balance
('RB"7
Rats
At beginning
ofthe
year
DISPOSSIS
Depredation
Impairment
Trsnsfsrs'
At end ofths year
14.3 Net book value
Nat book value at tha
beginning
ofthe year
Nei book value st the
end ofthe year
144 Impairment
Please prov(de 8descrlp don atme evenhr end
clmumsfsnces
Ihat led lo lhe mcepn mon or
nwemal ofsn Impslnnenl loss
14.3 Revalusgon
Ifen accoundng policy ofrevaluadon ls adopted,
lhe efsscdve date of the mvaluedon
me name olIndependent valuer, lfepp(bable
the methods
applied		 end slpnmcenf
asaunlptlons
Ihe canylng
amount		 that would have been
recognised had Ihs assets been canhuf under
the aost model.
14.3 Dthsf disclosures
(If Please slats fhe amount ofborrowing cosfs,
dany, cap(mt(sat (n me constructtoa at tan pats
nxsd assets snd the capita(Oregon rate used.
(gf Please pmvhfe the amount of contractual
commlbnenta
Ior me		 acgulsmon ofmngftue
gxed sssshk
(gg
Oetsge ofgie exlslenee snd csnyfng
amounts ofproperty, plant snd egulpment lo
which ma chathy has esufcred dde or Ihat ere
pledged Imsacur(ty forgeog(ties.
The "lrsnsfera" row ia I'oimovemenra hsfween txed asser cstegonea
Please indicsfe the melhod ofdsprsoeton by de(sang the method nof applicable (SL = ttraighf

Research 5 Patents and Other Total
development trademarks
At beginning ofthe
year
Additions
Disposals
Revaluations
*
Transfers
At end ofthe year

15.2 Amo rtis ati on
and		 impairments
Basis SLor RB SLor RB SLor RB SLor RB Straight Line
("SL")or
Reducing
Balance
("RB")
**Rate
At beginning ofthe
year
Disposals
Amortisation
Impairment
Transfers*
At end of year
15.3 Net book value
Nat book value at the
beginning of the year
Net book value at the
end ofthe year

(I)
Explain		 the nature snd scale of the nature snd scale of the nature snd scale of
heritage assets held.
(il)
Explain		 the pogcy for the
acquisition, preservation,
management and disposal of heritage
sssebi.
18.2Cost or valuation
Heritage asset Heritage asset Heritage asset Hsntags asset Total
1 2 3 4
At beginnmg ofthe year
Additions
Disoosels
Revaluations
Transfers '
At end ofthe year
16.3Depreciation and Impalrments
Basis Straight Line
("SL")or
Reduong
Balance
Rate
At beginning ofthe year
Dispossls
Depreciation
Impairment
Transfers'
Al end ofyear
16.4 Net book value
Nat book value at the beginning ofthe
feei'
Net book value st the end ofthe year
16.6 Impairment
Please provide 4 description ofthe events and circumstances
drat led to the recognlaon or reversal ofan impairment less.
At valuation
Group A		 Atcost Group
8		 Total
Carrying
amount		 at the begmning ofthe
period
AddIIIOIIS
Disposals
Depreaationiimpairment
Revaluation
Canying
amount		 at the end of penod
16.6 Heritage assets (wham heritage assets are not recoignised on the balance sheet)
(i)
Explain the reason why heritage
assets have not been recognised on
the balance sheet.
(il)
Describe the signigcance		 and
nature of heritage assets.
(lil)
Disclose information
that		 ls
helpful
in assessing		 the value of
heritage assets.
(Iv)
Explain the		 reason why it is not
practicable to obtain a valuation of
heritage assets.
1B.BFive year summary ot heritage assets transactions
2016 2014 2013 2012 2011
Purchases
Group A
Group 8
Group C
Other
Donations
Group A
Group 8
Group C
Other
Total additions
Charge for Impairment
Group A
Group 8
Gmup C
Other
Total charge for impairment
Disposals
Group A - cenying
Group 8- carrying		 amount
amount
Group C
Otner
Total dlsposals

Cash 8each
equivalents		 Cash 8each
equivalents		 Usted
Investments		 Usted
Investments		 Invccunenl
properties		 social
Invcsimcnts		 social
Invcsimcnts		 Other Total
Canpng
(lair) value si begmning		 of 2,985.892
period
Add: addkions
lo mveslmenlc
dunng		 278,233
penod'
Less: dispcsalc at carrying value 383,650
Less: Impalnnenls
Add: Reversal ofImpairmenls
Addi(deduct):
transfer
in/(out)
in		 ths
penod
Addi(deductyi
net gainl(loss)
on		 273,300
reveluecon
Camvng
(fair) vaiue at snd ofyear		 2.627.I75
Please specify addklons
resulting		 from
acqulswons
through
business		 comblnadons, If
any.
Pmsse no* that Fair Value In lhla contexl la Ihe amount lur which an ssaef could be mchenged between
knoulegakle
and ulglng paidas		 In an snn'a lwigtn beneacdon. Forouded eecurtgas, lhe fair value ls tlm value
ofIhe security quoted on Ihs London Stock Exchange Osgy Ogmlel Lkrl or equivalent Forother asseta where
there Isno marker pdce on a uaded market, Itls the suetees' or valuem' best eerlmate offair value
17.2 Please provide s breakdown o(investments shown above agreeing with the balance
sheet row 604 differentlsting between those held at fair value and those held at cost lass
Impairment
Analysis ofInvestments
Fair vduc at year cno cost lcm Impairment
Cash crcssh squivalenhi
Listed Inveabnenls 2.627.175
investmerrl
properties
Social Investmenls
Other Invesbnents
Total 2.527,175
Grand total (Fair value at year end+Cost less Impairment) 2,627,175

17.4 Please provide a breakdown
of current		 17.4 Please provide a breakdown
of current		 17.4 Please provide a breakdown
of current		 17.4 Please provide a breakdown
of current		 asset Investments, Ifappgcable, agreeing with the
balance sheet
Analysis
ofcurrent asset		 This year Last year
Investments
Cash orcash equivalents
Listed investments
Investment
progenies
goclal Investments 62.710 68.542
Total 62,710 66,542
17.5Guarantees
Please provide delaas and amount ofany
guarantee
made tooron behalf ofa third		 party
Name ofthe enltly orentldes benelNtlng from
those 6uamnmsa
Please explain how the guarantee
furthers		 the
charity's
elms
17.6Concessionary
loans
Descdpgon Till~ yeart LEst 'roar E
AmOunt
Of COnCeeeiOnary
lOana made (Maniple
loans made may tm disclosed
In sggmgsle		 pnmlded
thar such aggregation
does nor ohsure slgnNcanl
rnronnsaon
I.
Tocsl
Amount ofconcosslonsql
loans received		 Dsscdptfon This year E Llrst Vrrrrr 6
larumpm
hmns rocelvert msy tm dlscamarl		 rn
~pgregsle
pmvhrecf that such aggregation		 does nor
assure sfgnNcant
Inlvnnarlonf.
Toarl
Terms and conditions
eg Interest rate, securky
provided
Value ofany concessionary
loans which		 hove
been commhted
but not taken up stthe reporting
date
Amounm
payable whhln
1 year
Amounts
payable alter more than 1year
Amounts
receivable
within
1year
Amounts
receivable altar more lhan 1 year
17.7 Additional
information
Please provide Infonnadon
about the
slgnmcence
ofInvestmenls
tothe charity's
financial
position or performance
eg. terms and
conditions ofloans orthe use ofhedging to
manana
financial
risk.
For ag investments
measured
atfair value,		 tho
basis for determining
the value, Including		 any
assumptions
appaed when using a vsluaaon
technique.
Where a charity has pmvlded
financial		 assets as
a form ofsecurity. the csnylng amount of the
linen clal asset pledged
as security and		 the terms
and conditions
relating to Ns pledge.
18.1 Plea
activities.		 se state the carrying amount ofsto ck and work in progress
ana		 lysed
betwe		 en
Stock Donated goods
Work in
For For resale For For resale progress
distribution distribution
Charitable activities:
Opening
Added in period
Expensed in period
Impaired
Closing
Other trading activities:
Opening
Added ln period
Expensed Inperiod
Impaired
Closing
Other:
Opening
Added ln period
Expensed ln period
Impaired
Closing
Total this year
Total previous year

Trade debtors
Prepayments and accrued Income
Other debtors
Total
This year Last year
1500 3000
ove)
This year Last year
E
Trade debtors
Prepayments and accrued income
Other debtors

20.1 Analysis ofcre dito rs
Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year Last year
E
Accruals for grants payable 64,500 9,369
Bank loans and overdrafts
Trade creditors
Payments
received		 on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors 4,933 5,462
Total

0 C N D
0 0
CCE
0"
0		 N D
0 0
CCE
0"
0		 E
IO
h~
0		 E
IO
h~
0
Ql C
C I 'U
C
0
C		 0 Cl0
C00		 g 4l
IO
C 8
0		 C
Ol
I-
'0 IO
CI
CI
Cl		 CI
CI
CIo
C
CI
EC
CI		 Cl
E0
0C		 4l CI
CI
CI
CO		 CI
CI
CI
IO
C
L
Cl		 IO
~
a
CO		 Ct
g		 C
IL		 0 Olh
4E0
D v		 4l
o a 'N
C
Ol U
I-Z
R
0
Cl		 0
0$ IO		 C
E		 OIC0
4
'C«
Ol0a		 O0
IO0
CL		 Io
C C 00C I0
0
II
'0 0
g
C		 ~
'0		 IO
0		 '8
C
8.		 ID
0
Cl
0
E		 .IC
'C N
L0 0
08		 0
IC
4I		 IU
0DC
0
0		 Ol
C
0		 C
E
0
IC
4 0
0P
'E 0
E c
0IO
0 '0		 0t
E
0
CIC		 LU~a
Cl 0
I-a&
C
UI CIC
IC
0 0 ~ E
CI		 Z
Ol
~ Ol
Cl0X		 O
rv		 0
0
IC 0
IO
Cl
LC		 4lo. IOt ICC'0
C
IL		 CI
IL'		 'CC
C
L
E
O
CEpW CEpW CEpW CEpW
IC 0
80 cc
lc
V
0
8
D
cc m.
ll0
IC		 0C Cl
E0
V0		 VI
Icw
k 3 0 CC)W
je
e&
ak		 C
IC
co e
o8.
5!
K		 4 5
I
IL
fi
cn
'C		 0 Ccl
cl
4
C00 fS W
'0 CC C D
g 0
'C 3
icC
~		 8
0		 t-
02
S 0
E
0		 jI [
Icv lc0
8 cv 0
Z cc Il
27.3 Transfers 27.3 Transfers between between funds
Reason for transfer and where endowment Is converted to income, Amount
legal power for its conversion
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Between endowment and
unrestricted
funds
27.4 Desi
nated funds
Planned
use		 Purpose ofthe designation Amount
In Ihe period lhe charil has paid trustees remuneralion lhe charil has paid trustees remuneralion snd beneffm. snd beneffm. Please give lhe Please give lhe amount
of, and		 legal authorily legal authorily for, for,
any remunsrsdon
orother benegts paid to a trustee by		 the charity or any Insdtutlan
or		 company connected wile It
Amounts paid or benefit value
This ar Last ear
Legal authority (eg Remuneration Pension Redundancy Other TOTAL
Name oftrustee order, governing ccnlnbuucn (iris)using
document) loss of
omceyex
Please give detags ofwhy rtrmunwsdon or other
employment benegls
were paid.
.
enter "False".
p		 , . p, p
No trustee expenses have been incurred (True or False) TRUE
Type ofexpenses reimbursed This year Last year
Travel
Subsistence
Accommodation
Other (please specify):
TOTAL