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2023-02-28-accounts

			Page
Reference and administrative	details ofthe Charity,	its Trustees and advisers	1-2
Trustees' report			3-9
Independent examiner's report			10-11
Statement offinancial activities			12
Balance sheet			13
Notes to the financial statements			14 - 24

for the year	ended 28 Fe	bruary 2023	bruary 2023
Bankers		NatWest Bank PLC
		PO Box166
		40 High Street
		Rochester
		Kent
		ME1 1LJ
Solicitors		DGB Solicitors LLP
		The Captain's House
		Central Avenue
		Pembroke
		Chatham Maritime
		Kent ME4 4UF
Investment	Managers	Charles Stanley	&Co. Limited
		55 Bishopsgate
		London
		EC2N 3AS
		COLA
		Senator House
		65 Queen Victoria Street
		London
		EC4V4ET
Independent	Examiners	Susan Robinson	BA FCA FCIE DChA
		Kreston Reeves	LLP
		Chartered Accountants
		Montague Place,	Quayside
		Chatham Maritime,		Chatham
		Kent, ME4 4QU

				Endowment	Unrestricted	Total	Total
				funds	funds	funds	funds
				2023	2023	2023	2022
			Note	6	6	6	F
Income and endowments		from:
Donations and legacies					10,025	10,025	12,509
Charitable activities					25,248	25,248	24,898
Investments					25,821	25,821	24,078
Total income and	endowments				61,094	61,094	61,485
Expenditure on:
Charitable activities				2,973	47,664	50,637	55,772
Total expenditure				2,973	47,664	50,637	55,772
Net (expenditure)fincome		before net
(losses)/gains on Investments				(2,973)	13,430	10,457	5,713
Net (losses)/gains	on investments			(16,062)	(14,427)	(30,489)	50,282
Transfers between	funds		12	14,896	(14,896)
Net movement in	funds			(4,139)	(15,893)	(20,032)	55,995
Reconciliation of	funds:
Total funds brought	forward			396,648	577,668	974,316	918,321
Net movement in funds				(4,139)	(15,893)	(20,032)	55,995
Total funds carried forward				392,509	561,775	954,284	974,316

		Note		2023 6		2022f
Fixed assets
Tangible assets		9		41,038		41,038
Investments		10		860,464		880,343
				901,502		921,381
Current assets
Cash at bank and in hand			54,744		56,059
Creditors: amounts	falling due within one
year		11	(1,962)		(3,124)
Net current assets				52,782		52,935
Total net assets				954,284		974,316
Charity funds
Endowmentfunds		12		392,509		396,648
Unrestricted funds		12		561,775		577,668
Total funds				954,284		974,316

	Unrestricted	Total	Total
	funds	funds	funds
	2023 F	2023f	2022
Donations	10,025	10,025	12,509
Total 2022	12,509	12,509

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
			6
Weekly maintenance	contributions	25,248	25,248	24,898
Total 2022		24,898	24,898

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022f
Investment	income	25,575	25,575	24,073
Deposit interest		246	246	5
		25,821	25,821	24,078
Total 2022		24,078	24,078

							Direct	Support	Total	Total
							costs	costs	funds	funds
							2023	2023	2023	2022
							6	6	6	f
Charitable		activities					28,626	22,011	50,637	55,772
Total 2022							33,962	21,810	55,772
Analysis	ofdirect costs
									Total	Total
									funds	funds
									2023	2022
									6
Heating	and		lighting						1,343
Insurance									2,179	1,637
Council	tax		and water	rates					1,382	1,639
Repairs	and		maintenance						22,617	28,920
Medway	helpline								1,080	1,122
425 Event		costs							25
									28,626	33,962
Analysis	ofsupport			costs
									Total	Total
									funds	funds
									2023	2022
									6	f
Printing,	postage and			stationery					888	318
Investment			manager's	fees					4,396	4,573
Honorarium									5,965	6,225
Sundries									2,159	1,898
Garden									3,925	4,173
Resident's		Christmas		lunch and gratuities					2,574	1,903
Legal and		professional		fees					37	432
Accountancy			and independent		examination	charges			1,962	1,782
Website	costs								105	506
									22,011	21,810

	Freehold
	property
	8
Cost or valuation
At 1 March 2022	41,038
At 28 February 2023	41,038
Net book value
At 28 February 2023	41,038
At 28 February 2022	41,038

for th	e year ended 28 February	e year ended 28 February	e year ended 28 February	e year ended 28 February	2023
10.	Fixed asset investments
											Listed
											investments
											8
	Cost or valuation
	At 1 March 2022										880,343
	Additions										47,944
	Disposals										(39,337)
	Revaluations										(28,486)
	At 28 February	2023									860,464
	Net book value
	At 28 February	2023									860,464
	At 28 February	2022									880,343
	The historical cost		ofthe Charity's			fixed asset investments		is f545,724.
	All ofthe Charity's		fixed asset investments				are listed investments		held in the UK.
	Material investments:
										2023 f	2022 f
	COIF Charities	Investment			Fund - Income		Units			310,689	317,973
	COIF Charities	Investment			Fund - Capital		Units			98,847	85,572
										409,536	403,545
11.	Creditors: Amounts			falling due		within one year
										2023 8	2022f
	Accruals									1,962	3,124

								Balance at
		Balance at 1				Transfers	Gains/	28 February
		March 2022 6	Income 6	Expenditure	f	In/out 6	(Losses) 6	2023
Unrestricted
funds
Designated
funds
Extraordinary
repairs fund		24,534						24,534
Cydical
maintenance
fund		43,006						43,006
		67,540						67,540
General funds
General fund		469,090	61,094	(47,664)		(14,896)	(14,427)	453,197
Property fund		41,038						41,038
		510,128	61,094	(47,664)		(14,896)	(14,427)	494,235
Total
Unrestricted
funds		577,668	61,094	(47,664)		(14,896)	(14,427)	561,775
Endowment
funds
Endowment	fund	396,648		(2,973)		14,896	(16,062)	392,509
Total offunds		974,316	61,094	(50,637)			(30,489)	954,284

Statement o	ffund	s - prior year
		Balance at					Balance at
		1 March			Transfers	Gains/	28 February
		2021	Income	Expenditure 6	in/outf	(Losses)	2022 6
Unrestricted
funds
Designated
funds
Extraordinary
repairs fund		24,534					24,534
Cyclical
maintenance
fund		43,006					43,006
		67,540					67,540
Generalfunds
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

Summary	of	funds - current year
							Balance at
		Balance at 1			Transfers	Gains/	28 February
		March 2022 6	Income	Expenditure 6	In/out 6	(Losses)	2023
Designated
funds		67,540					67,540
General funds		510,128	61,094	(47,664)	(14,896)	(14,427)	494,235
Endowment
funds		396,648		(2,973)	14,896	(16,062)	392,509
		974,316	61,094	(50,637)		(30,489)	954,284
Summary	of	funds - prior year
		Balance at					Balance at
		1 March			Transfers	Gains/	28 February
		2021 6	income f	Expenditure F	in/out f	(Losses)	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

Analysis	ofnet assets between funds - curr	ent year
		Endowment	Unrestricted	Total
		funds	funds	funds
		2023	2023	2023
		6	6	F
Tangible	fixed assets		41,038	41,038
Fixed asset investments		392,509	467,955	860,464
Current	assets		54,744	54,744
Creditors	due within one year		(1,962)	(1,962)
Total		392,509	561,775	954,284

Analysis ofnet assets between funds - prio	r year
	Endowment	Unrestricted	Total
	funds	funds	funds
	2022 F	2022 f	2022 F
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)
l	396,648	577,668	974,316