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|Reference
and Administrative
Details|Reference
and Administrative
Details||
|---|---|---|
|Trustees' Report||2 to 4|
|Statement ofTrustees'|Responsibilities||
|Independent
Auditors'|Report|6 to 9|
|Statement
ofFinancial|Activities|10|
|Balance Sheet|||
|Notes to the Financial|Statements|12to 24|
|||||Frank Hodson|Foundation||Limited|
|---|---|---|---|---|---|---|---|
||||Reference and Administrative||||Details|
|Trustees||||JA Lawrence||||
|||||J Ball FCA||||
|||||S Perkins BSc(Hons)||||
|||||N S G Hilton||||
|||||R H Pascual|MRICS|||
|||||A J Belfield||||
|||||JR Ball||||
|||||A P Kingswood||||
|||||A-M Price||||
|Secretary||||J Ball FCA||||
|Charity|Registration||Number|213320||||
|Company||Registration|Number|00461376||||
|||||The Charity|is incorporated|in England &Wales.||
|Registered||Office||Northgate
House||||
|||||North Gate||||
|||||New Basford||||
|||||Nottingham||||
|||||NG7 7BQ||||
|Auditor||||RWB CA Limited||||
|||||Northgate
House||||
|||||North Gate||||
|||||New Basford||||
|||||Nottingham||||
|||||NG7 7BQ||||
|Solicitors:||||Taylor Rose|MW|||
|||||58 Borough High Street||||
|||||London||||
|||||SE1 1XF||||
|Bankers||||Lloyds Bank|Plc|||
|||||Old Market Square||||
|||||Nottingham||||
|||||NG1 6FD||||
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||||and Los|ses)|||
|---|---|---|---|---|---|---|
||||||Total|Total|
|||||Unrestricted|2022|2021|
||||Note||||
|Income and Endowments||from:|||||
|Donations
and legacies||||350|350|18,760|
|Investment
income||||225,257|225,257|239,051|
|Total Income||||225,607|225,607|257,811|
|Expenditure
on:|||||||
|Raising funds||||(106,013)|(106,013)|(69,040)|
|Charitable
activities||||160,108|160,108|(191,133)|
|Total Expenditure||||54,095|54,095|(260,173)|
|Gains/losses
on investment||assets||709,578|709,578|757,251|
|Net income||||989,280|989,280|754,889|
|Net movement
in funds||||989,280|989,280|754,889|
|Reconciliation
offunds|||||||
|Total funds
brought|forward|||10,063,473|10,063,473|9,308,584|
|Total funds carried|forward||21|11,052,753|11,052,753|10,063,473|
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||||Bala|nce Sheet as a|t 5 April 2022|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||Note|||
|Fixed assets||||||||
|Tangible
assets|||||13|2,290,028|2,346,124|
|Investments|||||14|7,313,485|7,005,287|
|||||||9,603,513|9,351,411|
|Current
assets||||||||
|Debtors|||||15|401,896|29,835|
|Cash at bank|and in hand||||16|1,067,677|704,223|
|||||||1,469,573|734,058|
|Creditors;
Amounts|||falling due within|one year|17|(20,324)|(21,987)|
|Net current|assets|||||1,449,249|712,071|
|Net assets||||||11,052,762|10,063,482|
|Funds ofthe|Charity:|||||||
|Unrestricted|income||funds|||||
|Called up share capital|||||19|9|9|
|Unrestricted||||||11,052,753|10,063,473|
|Total unrestricted||funds||||11,052,762|10,063,482|
|Total funds|||||21|11,052,762|10,063,482|
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|3|Income f|r|om d|onations
and legacies||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|||
||||||funds|Total|Total|
||||||General|2022|2021|
|Donations
and|||legacies;|||||
||Donations|from||individuals|350|350|18,760|
||||||350|350|18,760|
|4|Investment||income|||||
||||||Unrestricted|||
||||||funds|Total|Total|
||||||General|2022|2021|
|Interest receivable||||and similar income;||||
||Other interest receivable||||4,313|4,313|4,187|
|Other income|||from|fixed asset investments|113,351|113,351|118,108|
|Income from||rents|||107,593|107,593|116,756|
||||||225,257|225,257|239,051|
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|a) Inve|stment|managem|ent
|costs|||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
||||||||Total|Total|
|||||||General|2022|2021|
|Other investment||management||costs;|||||
|Stockbrokers||portfolio|management||costs|27,312|27,312|23,934|
|Management||fees and expenses||||6,399|6,399|6,206|
|Property
expenses: Let||||||70,097|70,097|36,961|
|Staff|Costs|||||2,205|2,205|1,939|
|||||||106,013|106,013|69,040|
|6
Expenditure||on charitable||activities|||||
|||||||Unrestricted|||
|||||||funds|Total|Total|
|||||||General|2022|2021|
|Welfare|officers|salaries||||38,631|38,631|38,398|
|Welfare|officers|expenses||||4,072|4,072|2,698|
|Property|expenses: Rent||free|||88,628|88,628|59,606|
|Gifts to|residents|||||1,648|1,648|1,620|
|Sundry|expenses|||||2,074|2,074|876|
|Management
fees and expenses||||||34,972|34,972|31,747|
|Depreciation of||freehold|property|||45,002|45,002|45,365|
|(Profit)/|Loss on disposal||oftangible||fixed assets|(386,453)|(386,453)||
|||||||(171,426)|(171,426)|180,310|
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|Governance
costs|||||
|---|---|---|---|---|
|||Unrestricted|||
||||Total|Total|
|||General|2022|2021|
|Audit fees|||||
|Audit ofthe financial
statements||2,880|2,880|2,880|
|Other fees paid to auditors||480|480|432|
|Secretarial
and accountancy|fees|6,939|6,939|6,727|
|Trustees
indemnity
insurance||1,019|1,019|784|
|||11,318|11,318|10,823|
|8
Net incoming/outgoing|resources||||
|Net incoming/(outgoing)
resources for the year include:|||||
||||2022|2021|
|Audit fees|||2,880|2,880|
|Depreciation offixed assets|||45,002|45,365|
|9
Trustees remuneration|and expenses||||
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|||2022|2021|
|---|---|---|---|
|Staff costs during|the year were:|||
|Wages and salaries||62,574|60,189|
|Social security
costs||1,177|265|
|Pension costs||1,347|1,219|
|Other staff costs||4,072|2,698|
|||69,170|64,371|
|2022|2021|
|---|---|
|No|No|
|Management|ofwelfare|and property|
|---|---|---|
|Welfare officers|||
|Secretarial|and accounting||
|11 Auditors'
remuneration|11 Auditors'
remuneration|||
|---|---|---|---|
|||2022|2021|
|Audit ofthe financial|statements|2,880|2,880|
|Other fees to auditors||||
|All other non-audit
services||480|432|
|12 Taxation||||
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|13 Tangib|le
fixed assets|||
|---|---|---|---|
|||Land and||
|||buildings|Total|
|Cost||||
|At 6 April|2021|2,846,551|2,846,551|
|Disposals||(19,081)|(19,081)|
|At 5 April|2022|2,827,470|2,827,470|
|Depreciation||||
|At 6 April|2021|500,427|500,427|
|Charge for the year||45,002|45,002|
|Eliminated|on disposals|(7,987)|(7,987)|
|At 5 April|2022|537,442|537,442|
|Net book|value|||
|At 5 April|2022|2,290,028|2,290,028|
|At 5 April|2021|2,346,124|2,346,]24|
##
|14 Fi|xed|asset investments|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
|Investment||properties|||3,105,713|3,021,000|
|Shares|in|group undertakings|and participating|interests|6|6|
|Other|investments||||4,207,766|3,984,281|
||||||7,313,485|7,005,287|
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|Investment
properties||
|---|---|
||Investment|
||properties|
|Cost or Valuation||
|At 6 April 2021|3,021,000|
|Revaluation|91,626|
|Additions|5,713|
|Disposals|(12,626)|
|At 5 April 2022|3,105,713|
|Provision||
|At 5 April 2022||
|Net book value||
|At 5 April 2022|3,105,713|
|At 5 April 2021|3,021,000|
##
|Participating||
|---|---|
|interests|Total|
|K||
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|||Country|of||Proportion|ofvoting|rights|Principal|
|---|---|---|---|---|---|---|---|---|
|Undertaking||incorporation||Holding|and shares|held||activity|
||||||2022|2021|||
|Associates|||||||||
|Furlong
Court
(Management)|Ltd|England|and Wales|Ordinary|22%|22%||Property
Management|
|Other investments|||||||||
||||||Listed||||
||||||investments|Cash deposits||Total|
|Cost or Valuation|||||||||
|At 6 April 2021|||||3,936,697||47,584|3,984,281|
|Revaluation|||||40,927|||40,927|
|Additions|||||733,356||15,570|748,926|
|Disposals|||||(566,368)|||(566,368)|
|At 5 April 2022|||||4, 144,612||63,154|4,207,766|
|Net book value|||||||||
|At 5 April 2022|||||4, 144,612||63,154|4,207,766|
|At 5 April 2021|||||3,936,697||47,584|3,984,281|
##
|15 Debtors|||
|---|---|---|
||2022|2021|
|Trade debtors|8,088|21,182|
|P repayments|738|8,653|
|Other debtors|393,070||
||401,896|29,835|
|16 Cash and cash equivalents|||
||2022|2021|
|Cash at bank|1,067,677|704,223|
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|17 Credi|tors: am|ounts
falling|due within
one year|||
|---|---|---|---|---|---|
|||||2022|2021|
|Trade creditors||||3,324|5,573|
|Other taxation
and||social security||1,562|1,366|
|Other creditors||||4||
|Accruals||||9,769|9,383|
|Deferred|income|||5,665|5,665|
|||||20,324|21,987|
|||||2022|2021|
|Deferred|income at 6 April 2021|||5,665|5,075|
|Resources|deferred|in the period||5,665|5,665|
|Amounts|released from previous||periods|(5,665)|(5,075)|
|Deferred|income at year end|||5,665|5,665|
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|21 Funds||||||
|---|---|---|---|---|---|
|||||Other||
||Balance at 6|Incoming|Resources|recognised|Balance at 5|
||April 2021|resources|expended|gains/(losses)|April 2022|
|Unrestricted||||||
|General|10,063,473|225,607|204,513|559,160|11,052,753|
|||Unrestricted|Total funds at|
|---|---|---|---|
|||funds|5 April|
|||General|2022|
|Tangible|fixed assets|2,290,028|2,290,028|
|Fixed asset investments||7,313,485|7,313,485|
|Current|assets|1,469,573|1,469,573|
|Current|liabilities|(20,324)|(20,324)|
|Total net assets||11,052,762|11,052,762|
|23 Analysis ofnet funds||||
|---|---|---|---|
||At 6 April|Financing
cash|At 5 April|
||2021|flows|2022|
||K|||
|Cash at bank and in hand|704,223|363,454|1,067,677|
|Net debt|704,223|363,454|1,067,677|
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