| THE | WENT TREETRUST | ||
|---|---|---|---|
| CHARITY INFORMATION | |||
| Registered | Number; | 209704 | |
| Trustees: | SLKinsey | ||
| M Purdey | |||
| C Hirst | |||
| Independent | Examiner; | RTK Walsh FCCA | |
| 39High Street | |||
| Battle | |||
| East Sussex | |||
| TN33 OEE |
| FO | R THE YEA | R ENDED 2 | 1STJANUARY 2 | 022 | ||
|---|---|---|---|---|---|---|
| 2022 | ||||||
| Notes | Unrestricted | Restricted | Total | |||
| Funds | Funds (note 8) | |||||
| Incoming Resources | ||||||
| Operating Activities |
||||||
| Rents receivable | 14,738 | 14,738 | ||||
| Miscellaneous interest |
1,971 | 1,971 | ||||
| Investment Income |
||||||
| Net incoming resources |
available | for charitable | application | 16,709 | 16,709 | |
| Charitable Expenditure |
||||||
| Grants | ||||||
| Support costs | 54,996 | 54,996 | ||||
| Management and administration |
(16,590) | 16,590 | ||||
| 38,406 | 38,406 | |||||
| Net incoming/(Outgoing) | Resources for the year | (21,697) | (21,697) | |||
| Net gains/(losses) on disposal of |
property | 12 | 428,667 | 428,667 | ||
| Net gains/ (losses) on revaluation | and disposal ofinvestments | |||||
| Net movement in funds |
for the year | 406,970 | 406,970 | |||
| Transfers between funds |
(287,658) | 287,658 | ||||
| Funds Brought Forward | (119,312) | 127,937 | 8,625 | |||
| Funds Carried Forward | 415,595 | 415,595 | ||||
| 2021 | ||||||
| Notes | Unrestricted | Restricted | Total | |||
| Funds | Funds (note 8) | |||||
| Incoming Resources | ||||||
| Operating Activities |
||||||
| Rents receivable | 44,069 | 44,069 | ||||
| Investment Income |
292 | 292 | ||||
| Net incoming resources | available | for charitable | application | 44,361 | 44,361 | |
| Charitable Expenditure |
||||||
| Grants | ||||||
| Support costs | 65,382 | 65,382 | ||||
| Management and administration |
2,474 | 2,474 | ||||
| 67,856 | 67,856 | |||||
| Net incoming/(Outgoing) | Resources for the year | (23,495) | (23,495) | |||
| Net gains/ (losses) on revaluation | and disposal ofinvestments | (26) | (26) | |||
| Net movement in funds |
for the year | (23,521) | (23,521) | |||
| Transfers between funds |
||||||
| Funds Brought Forward | 8 | (95,791) | 127,937 | 32,146 | ||
| Funds Carried Forward | 8 | (119,312) | 127,937 | 8,625 |
| Notes | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Fixed Assets | |||||
| Freehold Property | Nil | ||||
| Current Assets |
|||||
| Investments at Market Value |
|||||
| Unallocated Resources |
|||||
| Client Accounts - Heringtons | 420,887 | 1,404 | |||
| 420,887 | 1,404 | ||||
| Debtors | |||||
| Rents | 6,882 | ||||
| Other debtors | 6,500 | ||||
| 13,382 | |||||
| 420,887 | 14,786 | ||||
| Less Current Liabilities |
|||||
| Creditors | |||||
| Rents paid in advance | (2,041) ~ | ||||
| H 8'c CManagement | (100) | ||||
| Other liabilities | (I/72) | ||||
| Manningtons | (4,020) | (4,020) | |||
| (5,292) | (6,161) | ||||
| 415,595 | 8,625 | ||||
| Represented By |
|||||
| Unrestricted Funds |
(119/12) | ||||
| Restricted Funds | |||||
| Museum Fund |
165,319 | 21,490 | |||
| Emigration Fund |
250,276 | 106,447 | |||
| 415,595 | 8,625 |
| 3 | Investment Income |
2022 | 2021 | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||||
| Museum | Emigration | ||||||||||
| Dividend ongovernment |
holdings | 290 | |||||||||
| Interest received on | late | ||||||||||
| completion ofproperty | sale | 1,971 | 1,971 | ||||||||
| Other income | |||||||||||
| 1,971 | 1,971 | 292 | |||||||||
| 4 | Grants | ||||||||||
| Immigration grants |
|||||||||||
| Purchases for Hastings | Museum: | ||||||||||
| 5 | Support Costs | ||||||||||
| Repairs and maintenance | 1,797 | 1,797 | 8,605 | ||||||||
| Rates | 3,753 | 3,753 | |||||||||
| Electricity EcGas | 3,996 | 3,996 | 4,555 | ||||||||
| Arcade/Caretaker | costs | 1,540 | |||||||||
| Management fees |
3,600 | 3,600 | 13@00 | ||||||||
| Cleaning | 970 | 970 | 7,168 | ||||||||
| Rent | 200 | ||||||||||
| Insurance | 6,500 | 6,500 | 9,031 | ||||||||
| Legal and professional | 34,270 | 34/70 | 8,543 | ||||||||
| Legal fees re:rent | and | rent arrears | 12,447 | ||||||||
| Other professional | fees | 110 | 110 | ||||||||
| Investment charges |
93 | ||||||||||
| 54,996 | 54,996 | 65,382 | |||||||||
| 6 | Management and |
administration | |||||||||
| Accountancy fees |
3,960 | 3,960 | 4,020 | ||||||||
| Bad debts written | back | (20,550) | (20,550 | 1,546 | |||||||
| (16,590) | (16,590) | 2,474 | |||||||||
| 6a | Fees for examination | ofaccounts | 2022 | 2021 | |||||||
| Independent examiner's |
fees | 3,960 | 4,020 | ||||||||
| Assurance services |
other | than audit or | independent | examination |
| Investments | 2022 | 2021 | |
|---|---|---|---|
| Listed investments | |||
| f, | |||
| Market Value at | 21stJanuary 2020 | 13,511 | |
| Add; Acquisitions | at Cost | ||
| Less: Disposals at Cost | (13,502) | ||
| Net Gain/(Loss) | on Revaluation/Sale | 9 | |
| Cash at Bank awaiting Investment |
|||
| Market Value at | 21stJanuary 2021 &21st January 2022 |
| Movement | in funds | ||||||
|---|---|---|---|---|---|---|---|
| 21st January | Net Sale of | Transfer | 21stJanuary | ||||
| 2021 | Income | Expenditure | Property | between funds |
2022 | ||
| Unrestricted | Funds | (119,312) | 16,709 | (38,406) | 428,667 | (287,658) | |
| Restricted Funds | 127,937 | 287,658 | 415,595 | ||||
| Total Funds | 8,625 | 16,709 | (38,406 | 428,667 | 415,595 | ||
| 21st January | Investment | Transfer | 21st January | ||||
| 2020 | Income | Expenditure | gains/(losses) | between funds | 2021 | ||
| Unrestricted | Funds | (95,791) | 44,361 | (67,856) | (26) | (119,312) | |
| Restricted Funds | 127,937 | 127,937 | |||||
| Total Funds | 32,146 | 44,361 | (67,856) | (26) | 8,625 |
| Movement in funds (con |
tinued) | tinued) | ||||
|---|---|---|---|---|---|---|
| Unrestricted Funds and |
Restricted funds | 2022 | ||||
| Unrestricted | Museum | Emigration | Total | |||
| Grants | ||||||
| Transfer (to)/ &om Unrestricted | Funds | (287,658) | 143,829 | 143,829 | ||
| Overall Surplus/(Deficit) | for the | year | 406,970 | 406,970 | ||
| Balance brought forward |
(119,312 | 21,490 | 106,447 | 8,625 | ||
| Balance carried forward | 165,319 | 250476 | 415,595 |
| Unrestricted Funds and |
Restricted funds | Restricted funds | 2021 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Museum | Emigration | Total | |||
| Grants | ||||||
| Transfer (to)/ from Unrestricted | Funds | |||||
| Overall Surplus/(Deficit) | for the | year | (23,521) | (23,521) | ||
| Balance brought forward |
(95,791 | 21,490 | 106,447 | 32,146 | ||
| Balance carried forward | (119,312) | 21,490 | 106,447 | 8,625 |
| 9 | Analysis ofNet Assets between | Funds | 2022 | 2021 | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Fund | Fund | |||||
| Tangible fixed assets | ||||||
| Investments | ||||||
| Net Current Assets | 415,595 | 415,595 | 8,625 | |||
| Long term liabilities | ||||||
| Total Net Assets | 415,595 | 415,595 | 8,625 |
| The property known as the the year, |
Queen's Arcade, Q | ueens Avenue, | Hastings, TN34 | 1PAwas sold | during |
|---|---|---|---|---|---|
| 2021 | |||||
| Unrestricted | Restricted | Total | |||
| Museum | Emigration | ||||
| Sale ofQueen's Arcade | 461,000 | 461,000 | |||
| Legal costs | (13,269) | (13,269) | |||
| Auction costs | (16,596) | (16,596) | |||
| Other sale costs | 2,468) | 2,468 | |||
| 428,667 | 428,667 |