| Page | ||
|---|---|---|
| Reference and administrative | details ofthe Charity, its Trustees and advisers | 1-2 |
| Trustees' report |
3-8 | |
| Independent examiner's report |
||
| Statement offinancial activities | 10 | |
| Balance sheet | ||
| Notes to the financial statements | 12-21 |
| Endowment | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | F | ||||||
| Income and endowments | from: | ||||||
| Donations and legacies |
12,509 | 12,509 | 9,700 | ||||
| Charitable activities |
24,898 | 24,898 | 22,112 | ||||
| Investments | 24,078 | 24,078 | 19,471 | ||||
| Total income and | endowments | 61,485 | 61,485 | 51,283 | |||
| Expenditure on: |
|||||||
| Charitable activities |
3,047 | 52,725 | 55,772 | 38,058 | |||
| Total expenditure | 3,047 | 52,725 | 55,?72 | 38,058 | |||
| Net (expenditure)/income | before net | ||||||
| gains on investments | (3,047) | 8,760 | 5,713 | 13,225 | |||
| Net gains on investments | 22,997 | 27,285 | 50,282 | 63,639 | |||
| Transfers between |
funds | (2,610) | 2,610 | ||||
| Net movement in |
funds | 17,340 | 38,655 | 55,995 | 76,864 | ||
| Reconciliation of |
funds: | ||||||
| Total funds brought | forward | 379,308 | 539,013 | 918,321 | 841,457 | ||
| Net movement in funds |
17,340 | 38,655 | 55,995 | 76,864 | |||
| Total funds carried forward | 396,648 | 577,668 | 974,316 | 918,321 |
| Note | 2022 | 2021f | ||||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Tangible assets | 41,038 | 41,038 | ||||
| Investments | 880,343 | 834,634 | ||||
| 921,381 | 875,672 | |||||
| Current assets | ||||||
| Cash at bank and | in hand | 56,059 | 44,923 | |||
| Creditors: amounts | falling due within one | |||||
| year | 10 | (3,124) | (2,274) | |||
| Net current assets | 52,935 | 42,649 | ||||
| Total net assets | 974,316 | 918,321 | ||||
| Charity funds | ||||||
| Endowment funds |
396,648 | 379,308 | ||||
| Unrestricted funds |
577,668 | 539,013 | ||||
| Total funds | 974,316 | 918,321 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| Other | donations | 12,509 | 12,509 | 9,700 |
| Total | 2021 | 9,700 | 9,700 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022f | 2021 F |
||
| Weekly maintenance | contributions | 24,898 | 24,898 | 22,112 |
| Total 2021 | 22,112 | 22,112 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| K | E | |||
| Investment | income | 24,073 | 24,073 | 19,402 |
| Deposit interest | 5 | 5 | 69 | |
| 24,078 | 24,078 | 19,471 | ||
| Total 2021 | 19,471 | 19,471 |
| for t | he year en | ded 28 February | ded 28 February | ded 28 February | ded 28 February | 2022 | 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6. | Analysis | ofexpenditure | by activities | |||||||||
| Direct | Support | Total | Total | |||||||||
| costs | costs | funds | funds | |||||||||
| 2022 | 2022 | 2022f | 2021f | |||||||||
| Charitable | activities | 33,962 | 21,810 | 55,772 | 38,058 | |||||||
| Total 2021 | 18,706 | 19,352 | 38,058 | |||||||||
| Analysis | ofdirect costs | |||||||||||
| Total | Total | |||||||||||
| funds | funds | |||||||||||
| 2022f | 2021 | |||||||||||
| Heating | and | lighting | 644 | 403 | ||||||||
| Insurance | 1,637 | 1,992 | ||||||||||
| Council | tax | and water | rates | 1,639 | 1,636 | |||||||
| Repairs | and | maintenance | 28,920 | 13,645 | ||||||||
| Medway | helpline | 1 122 | 1,030 | |||||||||
| 33,962 | 18,706 | |||||||||||
| Analysis | ofsupport | costs | ||||||||||
| Total | Total | |||||||||||
| funds | funds | |||||||||||
| 2022 | 2021 | |||||||||||
| f. | ||||||||||||
| Printing, | postage and | stationery | 318 | 243 | ||||||||
| Investment | manager's | fees | 4,573 | 3,958 | ||||||||
| Honorarium | 6,225 | 6,120 | ||||||||||
| Sundries | 1,898 | 945 | ||||||||||
| Garden | 4,173 | 3,855 | ||||||||||
| Resident's | Christmas | lunch and gratuities | 1,903 | 1,079 | ||||||||
| Legal and | professional | fees | 432 | 1,140 | ||||||||
| Accountancy | and independent | examination | charges | 1,782 | 1,698 | |||||||
| Website | costs | 506 | 314 | |||||||||
| 21,810 | 19,352 |
| Freehold | |
|---|---|
| property | |
| Cost orvaluation | |
| At 1 March 2021 | 41,038 |
| At 28 February 2022 | 41,038 |
| Net book value | |
| At 28 February 2022 | 41,038 |
| At 28 February 2021 | 41,038 |
| Listed | |||||||
|---|---|---|---|---|---|---|---|
| investments | |||||||
| Cost or valuation | |||||||
| At 1 March 2021 | 834,634 | ||||||
| Additions | 48,816 | ||||||
| Disposals | (50,235) | ||||||
| Revaluations | 47,128 | ||||||
| At 28 February 2022 | 880,343 | ||||||
| Net book value | |||||||
| At 28 February 2022 | 880,343 | ||||||
| At 28 February 2021 | 834,634 | ||||||
| The historical cost | ofthe Charity's | fixed asset investments | isf532,439. | ||||
| All ofthe Charity's | fixed asset investments | are listed investments | held | in the UK. |
| Material investments: | Material investments: | ||||
|---|---|---|---|---|---|
| 2022 | 2021f | ||||
| COIF Charities | Investment | Fund - Income | Units | 317,973 | 293,128 |
| COIF Charities | Investment | Fund - Capital | Units | 85,572 | 78,886 |
| 403,545 | 372,014 |
| 2022 | 2021 | |
|---|---|---|
| Accruals | 3,124 | 2,274 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | Gains/ | 28 February | ||||
| INarch 2021f | Income f |
Expenditure | in/out | (Losses) f |
2022 f |
||
| Unrestricted | |||||||
| funds | |||||||
| Designated | |||||||
| funds | |||||||
| Extraordinary | |||||||
| repairs fund | 24,534 | 24,534 | |||||
| Cyclical | |||||||
| maintenance | |||||||
| fund | 43,006 | 43,006 | |||||
| 67,540 | 67,540 | ||||||
| General funds | |||||||
| General fund | 430,435 | 61,485 | (52,725) | 2,610 | 27,285 | 469,090 | |
| Property fund | 41,038 | 41,038 | |||||
| 471,473 | 61,485 | (52,725) | 2,610 | 27,285 | 510,128 | ||
| Total | |||||||
| Unrestricted | |||||||
| funds | 539,013 | 61,485 | (52,725) | 2,610 | 27,285 | 577,668 | |
| Endowment | |||||||
| funds | |||||||
| Endowment | fund | 379,308 | (3,047) | (2,610) | 22,997 | 396,648 | |
| Total offunds | 918,321 | 61,485 | (55,772) | 50,282 | 974,316 |
| year ended 28 Feb Statement offunds |
year ended 28 Feb Statement offunds |
ruary 2022 (continued) |
|||||
|---|---|---|---|---|---|---|---|
| Statement offunds | - prior year | ||||||
| Balance at | Balance at | ||||||
| 1 March | Transfers | Gains/ | 28 February | ||||
| 2020 E |
Income F |
Expenditure | in/out | (Losses) | 2021f | ||
| Unrestricted | |||||||
| funds | |||||||
| Designated | |||||||
| funds | |||||||
| Extraordinary | |||||||
| repairs fund | 24,534 | 24,534 | |||||
| Cyclical | |||||||
| maintenance | |||||||
| fund | 43,006 | 43,006 | |||||
| 67,540 | 67,540 | ||||||
| General funds | |||||||
| General fund | 374,701 | 51,283 | (35,292) | (3,270) | 43,013 | 430,435 | |
| Property fund | 41,038 | 41,038 | |||||
| 415,739 | 51,283 | (35,292) | (3,270) | 43,013 | 471,473 | ||
| Total | |||||||
| Unrestricted | |||||||
| funds | 483,279 | 51,283 | (35,292) | (3,270) | 43,013 | 539,013 | |
| Endowment | |||||||
| funds | |||||||
| Endowment | fund | 358,178 | (2,766) | 3,270 | 20,626 | 379,308 | |
| Total offunds | 841,457 | 51,283 | (38,058) | 63,639 | 918,321 |
| Summary | of | funds - current year | ||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | ||||||||
| Balance at 1 | Transfers | Gains/ | 28 February | |||||
| March 2021 f |
Income f |
Expenditure | f | in/out f |
(Losses) f |
2022 f |
||
| Designated | ||||||||
| funds | 67,540 | 67,540 | ||||||
| General funds | 471,473 | 61,485 | (52,725) | 2,610 | 27,285 | 510,128 | ||
| Endowment | ||||||||
| funds | 379,308 | (3,047) | (2,610) | 22,997 | 396,648 | |||
| 918,321 | 61,485 | (55,772) | 50,282 | 974,316 | ||||
| Summary | of | funds - prior year | ||||||
| Balance at | Balance at | |||||||
| 1 March | Transfers | Gains/ | 28 February | |||||
| 2020f | Income f |
Expenditure | f | in/out f |
(Losses) f |
2021 f |
||
| Designated | ||||||||
| funds | 67,540 | 67,540 | ||||||
| General funds | 415,739 | 51,283 | (35,292) | (3,270) | 43,013 | 471,473 | ||
| Endowment | ||||||||
| funds | 358,178 | (2,766) | 3,270 | 20,626 | 379,308 | |||
| 841,457 | 51,283 | (38,058) | 63,639 | 918,321 |
| Analysis ofnet assets between funds - curr | ent year | ||
|---|---|---|---|
| Endowment | Unrestricted | Total | |
| funds | funds | funds | |
| 2022 f |
2022 | 2022f | |
| Tangible fixed assets | 41,038 | 41,038 | |
| Fixed asset investments | 396,257 | 484,086 | 880,343 |
| Current assets | 391 | 55,668 | 56,059 |
| Creditors due within one year | (3,124) | (3,124) | |
| Total | 396,648 | 577,668 | 974,316 |
| Analysis of net assets between funds - prio | r year | ||
|---|---|---|---|
| Endowment | Unrestricted | Total | |
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| E | E | ||
| Tangible fixed assets | 41,038 | 41,038 | |
| Fixed asset investments | 379,173 | 455,461 | 834,634 |
| Current assets | 135 | 44,788 | 44,923 |
| Creditors due within one year | (2,274) | (2,274) | |
| Total | 379,308 | 539,013 | 918,321 |