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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 25|
|||||Frank Hodson|Foundation||Limited|
|---|---|---|---|---|---|---|---|
||||Reference and Administrative||||Details|
|Trustees||||J A Lawrence||||
|||||JBall FCA||||
|||||SPerkins BSc(Hons)||||
|||||RH Pascual|MRICS|||
|||||A J Belfield||||
|||||JRBall||||
|||||A P Kingswood||||
|||||A-M Price||||
|||||S Snaith||||
|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|||
|||||58Borough High Street||||
|||||London||||
|||||SE1 1XF||||
|Bankers||||Lloyds Bank|Plc|||
|||||Old Market Square||||
|||||Nottingham||||
|||||NG1 6FD||||
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||||and Los|ses)|||
|---|---|---|---|---|---|---|
|||||||(As restated)|
||||||Total|Total|
|||||Unrestricted|2023|2022|
||||Note||||
|Income and Endowments||from:|||||
|Donations
and legacies||||50,582|50,582|350|
|Investment
income||||266,743|266,743|225,257|
|Total Income||||317,325|317,325|225,607|
|Expenditure
on:|||||||
|Raising funds||||(87,178)|(87,178)|(106,013)|
|Charitable
activities||||(230,248)|(230,248)|(181,343)|
|Total Expenditure||||(317,426)|(317,426)|(287,356)|
|Gains/losses
on investment||assets||95,325|95,325|1,122, 125|
|Net income||||95,224|95,224|1,060,376|
|Net movement
in funds||||95,224|95,224|1,060,376|
|Reconciliation
offunds|||||||
|Total funds brought|forward|||14,402,725|14,402,725|13,342,349|
|Total funds carried|forward||21|14,497,949|14,497,949|14,402,725|
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||||Bala|nce Sheet as a|t 5 April 2023|||
|---|---|---|---|---|---|---|---|
||||||||(As restated)|
|||||||2023|2022|
||||||Note|||
|Fixed assets||||||||
|Tangible
assets|||||13|6,965,303|5,645,713|
|Investments|||||14|7,241,374|7,307,772|
|||||||14,206,677|12,953,485|
|Current
assets||||||||
|Debtors|||||15|25,722|401,896|
|Cash at bank|and|in hand|||16|285,739|1,067,677|
|||||||311,461|1,469,573|
|Creditors: Amounts|||falling due within|one year|17|(20,180)|(20,324)|
|Net current|assets|||||291,281|1,449,249|
|Net assets||||||14,497,958|14,402,734|
|Funds ofthe|Charity:|||||||
|Unrestricted|income||funds|||||
|Called up share capital|||||19|9|9|
|Unrestricted||||||14,497,949|14,402,725|
|Total unrestricted||funds||||14,497,958|14,402,734|
|Total funds|||||21|14,497,958|14,402,734|
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|3
Incom|e|from donations
and legacies|||||
|---|---|---|---|---|---|---|
||||Unrestricted||||
||||funds|Total|Total||
||||General|2023|2022||
||||K||||
|Donations|and legacies;||||||
|Donations||from individuals|50,582|50,582||350|
||||50,582|50,582||350|
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|||Unrestricted|||
|---|---|---|---|---|
|||funds|Total|Total|
|||General|2023|2022|
|Interest receivable|and similar income;||||
|Other interest receivable||5,656|5,656|4,313|
|Other income from|fixed asset investments|118,844|118,844|113,351|
|Income from rents||142,243|142,243|107,593|
|||266,743|266,743|225,257|
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|a) Investment|manag|em|ent
|costs|||||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
||||||||Total|Total|
|||||||General|2023|2022|
|Other investment|management|||costs;|||||
|Stockbrokers|portfolio||management||costs|25,434|25,434|27,312|
|Management|fees and||expenses|||953|953|6,399|
|Property expenses:||Let||||50,492|50,492|70,097|
|Trustee remuneration|||and expenses|||10,299|10,299|2,205|
|||||||87,178|87,178|106,013|
|6
Expenditure|on charitable|||activities|||||
|||||||Unrestricted|||
|||||||funds|Total|Total|
|||||||General|2023|2022|
|Welfare officers|salaries|||||41,887|41,887|38,631|
|Welfare officers|expenses|||||4,086|4,086|4,072|
|Property expenses: Rent|||free|||114,270|114,270|88,628|
|Gifts to residents||||||2,280|2,280|1,648|
|Sundry
expenses||||||1,812|1,812|2,074|
|Management
fees and||expenses||||10,481|10,481|10,710|
|Trustee remuneration||and expenses||||40,475|40,475|24,262|
|||||||215,291|215,291|170,025|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total|Total|
||||General|2023|2022|
|Trustees|remuneration|and expenses||||
|Wages|and salaries||7,547|7,547||
|Social|security costs||435|435||
|Other|staff costs||485|485||
|Audit fees||||||
|Audit|ofthe financial|statements|3,900|3,900|2,880|
|Other|fees paid to auditors||1,796|1,796|480|
|Management
fees and||expenses|||6,939|
|Trustees|indemnity
insurance||794|794|1,019|
||||14,957|14,957|11,318|
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|||2023|2022|
|---|---|---|---|
|Staff costs during|the year were:|||
|Wages and salaries||94,445|62,574|
|Social security costs||3,445|1,177|
|Pension costs||1,803|1,347|
|Other staff costs||5,521|4,072|
|||105,214|69,170|
|2023|2022|
|---|---|
|No|No|
|Management|ofwelfare|and property|
|---|---|---|
|Welfare officers|||
|Secretarial|and accounting||
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|11 Auditors'
remuner|ation|||
|---|---|---|---|
|||2023|2022|
|Audit ofthe financial|statements|3,900|2,880|
|Other fees to auditors||||
|All other non-audit
services||1,796|480|
|12 Taxation||||
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|13 Tangible fixed|13 Tangible fixed|assets||||
|---|---|---|---|---|---|
|||||Land and||
|||||buildings|Total|
|Cost||||||
|At 6 April|2022|||5,645,713|5,645,713|
|Revaluations||||118,814|118,814|
|Additions||||660,776|660,776|
|Transfers|to/from|investment|properties|540,000|540,000|
|At 5 April|2023|||6,965,303|6,965,303|
|Depreciation||||||
|At 5 April|2023|||||
|Net book|value|||||
|At 5 April|2023|||6,965,303|6,965,303|
|At 5 April|2022|||5,645,713|5,645,713|
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|14 Fixed|asset inv|estments|||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||||f, (As restated)|
|Investment|properties||||3,275,000|3,100,000|
|Shares in group undertakings|||and participating|interests|6|6|
|Other investments|||||3,966,368|4,207,766|
||||||7,241,374|7,307,772|
|Investment|properties||||||
|||||||Investment|
|||||||properttes|
|Cost or Valuation|||||||
|At 6 April|2022|||||3,100,000|
|Revaluation||||||186,440|
|Additions||||||528,560|
|Transfers|to/from|land and|buildings|||(540,000)|
|At 5 April|2023|||||3,275,000|
|Provision|||||||
|At 5 April|2023||||||
|Net book|value||||||
|At 5 April|2023|||||3,275,000|
|At 5 April|2022|||||3,100,000|
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|Participating||
|---|---|
|interests|Total|
|capital are as f|ollows:|||||||
|---|---|---|---|---|---|---|---|
|||Country|of||Proportion|ofvoting rights|Principal|
|Undertaking||incorporation||Holding|and shares|held|activity|
||||||2023|2022||
|Associates||||||||
|Furlong Court
(Management)|Ltd|England|and Wales|Ordinary|22%|22%|Property
Management|
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|Other investments||||
|---|---|---|---|
||Listed|||
||investments|Cash deposits|Total|
|Cost or Valuation||||
|At 6 April 2022|4,144,612|63,154|4,207,766|
|Revaluation|(246,016)||(246,016)|
|Additions|386,765|38,182|424,947|
|Disposals|(420,329)||(420,329)|
|At 5 April 2023|3,865,032|101,336|3,966,368|
|Net book value||||
|At 5 April 2023|3,865,032|101,336|3,966,368|
|At 5 April 2022|4,144,612|63,154|4,207,766|
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|15 Debtors|||
|---|---|---|
||2023|2022|
|Trade debtors|24,633|8,088|
|Prepayments|1,089|738|
|Other debtors||393,070|
||25,722|401,896|
|16 Cash and cash equivalents|||
||2023|2022|
|Cash at bank|285,739|1,067,677|
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|17 Credit|ors: amo|unts
falling|due within
one year|||
|---|---|---|---|---|---|
|||||2023|2022|
|Trade creditors||||3,495|3,324|
|Other taxation
and||social security||2,932|1,562|
|Other creditors||||343|4|
|Accruals||||5,352|9,769|
|Deferred|income|||8,058|5,665|
|||||20,180|20,324|
|||||2023|2022|
|Deferred|income at 6 April 2022|||5,665|5,665|
|Resources|deferred|in the period||8,058|5„665|
|Amounts|released from previous||periods|(5,665)|(5,665)|
|Deferred|income at year end|||8,058|5,665|
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|21 Funds||||||
|---|---|---|---|---|---|
|||||Other||
||Balance at 6|Incoming|Resources|recognised|Balance at 5|
||April 2022|resources|expended|gains/(losses)|April 2023|
|Unrestricted||||||
|General|14,402,725|317,325|(339,455)|117,354|14,497,949|
|ZZ Anal|ysis ofnet assets between
funds|||
|---|---|---|---|
|||Unrestricted|Total funds at|
|||funds|5April|
|||General|2023|
|Tangible|fixed assets|6,425,303|6,425,303|
|Fixed asset investments||7,781,374|7,781,374|
|Current|assets|311,461|311,461|
|Current|liabilities|(20,180)|(20,180)|
|Total net assets||14,497,958|14,497,958|
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