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|---|---|---|---|
|Reference and administrative||details ofthe Charity, its Trustees and advisers||
|Trustees'
report|||2-4|
|Independent
examiner's
report||||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes tothe financial|statements||8-19|
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|REFERENCE AND|ADMINISTRATIVE|DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS|
|---|---|---|
||FOR THE YEAR ENDED 31 DECEMBER 2022||
|Trustees|Mrs D Capps, Chairman||
||Mr R Jervis, Vice Chairman||
||Mrs FBames||
||Mr R E D Case||
||Mrs J English||
||Mr C Foot||
||Mr M A Thorpe||
||Mrs A Gowens||
||Mr J Hawkey||
||Mr R Hughes
(appointed
9March 2021)||
||Mrs E Merrifield||
||Mrs A Mayer (appointed 9 March 2021)||
||Mr
I Musty||
||DrJ Williams||
|Charity registered|||
|number|213371||
|Principal office|Copthome
Road||
||Shrews
bury||
||Shropshire||
||SY3BJW||
|Accountants|WR Partners||
||Chartered
Accountants||
||Belmont House||
||Shrewsbury
Business Park||
||Shrewsbury||
||Shropshire||
||SY26LG||
|Senior Nlanagement|Gavin Hogg, Clerk to the Trustees||
|Team|||
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||||Endowment|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||Note||2022
6|2022|2022|2021f|
|Income and endowments||from:|||||
|Charitable
activities||||190,725|190,725|183,256|
|Investments||||13,914|13,914|13,027|
|Total income and|endowments|||204,639|204,639|195,283|
|Expenditure
on:|||||||
|Raising funds||||638|638|492|
|Charitable
activities||||230,443|230,443|253,002|
|Total expenditure||||231,081|231,081|253,494|
|Net expenditure
before net|||||||
|(losses)/gains
on|investments|||(26,442)|(26,442)|(57,211)|
|Net (losses)/gains|on investments||(52,691)|(21,955)|(74,646)|134,226|
|Net movement
in|funds||(52,691)|(48,397)|(101,088)|77,015|
|Reconciliation of|funds:||||||
|Total funds brought|forward||565,607|814,719|1,380,326|1,303,311|
|Net movement
in funds|||(52,691)|(48,397)|(101,088)|77,015|
|Total funds carried forward|||512,916|766,322|1,279,238|1,380,325|
##
||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||Note||6|||
|Fixed assets||||||||
|Tangible assets|||11||350,002||362,567|
|Investments|||12||899,283||1,003,611|
||||||1,249,285||1,366,178|
|Current assets||||||||
|Debtors|||14|6,299||4,136||
|Cash at bank and|in hand|||36,710||27,442||
|||||43,009||31,560||
|Creditors: amounts|falling due within one|||||||
|year|||15|(13,056)||(17,432)||
|Net current assets|||||29,953||14,146|
|Total assets less|current liabilities||||1,279,238||1,380,326|
|Net assets excluding||pension asset|||1,279,238||1,380,326|
|Total net assets|||||1,279,238||1,380,326|
|Charity funds||||||||
|Endowment
funds|||16||512,916||565,607|
|Restricted
funds|||16|||||
|Unrestricted
funds|||16||766,322||814,719|
|Total funds|||||1,279,238||1,360,326|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||6|6||
|Provision|ofAlmshouse|Accommodation|186,639|186,639|177,192|
|Recharges|and extras||4,086|4,086|6,064|
||||190,725|190,725|183,256|
|Total202|1||183,255|153,255||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
||||6||
|Income from investments||1,819|1,819|1,772|
|Investment|income - PV Cells|12,095|12,095|11,255|
|||13,914|13,914|13,027|
|Total 2021||13,027|13,027||
|5.|Investment|management|costs||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2022|2022|2021|
|||||8||5|
||Investment|management|fees|638|638|492|
||Total 2021|||492|492||
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||Grants to|Total|Total|
|---|---|---|---|
||Individuals|funds|funds|
||2022|2022|2021|
||5|5|5|
|Grants to individuals|4,500|4,500|3,236|
|Total 2021|3,236|3,236||
##
|||Activities|Grant|||
|---|---|---|---|---|---|
|||undertaken|funding of|Total|Total|
|||directly|activities|funds|funds|
|||2022
5|2022
5|2022|2021f|
|Provision ofAlmshouse|Accommodation|225,943||225,943|249,766|
|Grant Making|||4,500|4,500|3,236|
|||225,943|4,500|230,443|253,002|
|Total 2021||249,766|3,236|253,002||
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||||Provision of|||
|---|---|---|---|---|---|
||||Almshouse|||
||||Accommodat|Total|Total|
||||ion|funds|funds|
||||2022f|2022f|2021|
|Staff costs|||40,857|40,857|43,534|
|Depreciation|||12,565|12,565|12,565|
|Electricity|||32,077|32,077|33,142|
|Council Tax|||106|106|1,642|
|Water rates|||6,965|6,965|7,382|
|Insurance|||5,413|5,413|5,909|
|Telephone|||975|975|978|
|Repairs and|Renewals||86,183|86,183|106,349|
|Window Cleaning|||2,057|2,057|2,185|
|Ground
maintenance|||9,098|9,098|10,556|
|Alarm Maintenance||and Security|7,037|7,037|3,352|
|Architects and Surveyors fees|||4,869|4,869|7,112|
|Sculpture
Maintenance|||410|410|390|
|Other items|&f1,000||4,660|4,660|3,336|
|Bank Charges|||176|176|160|
|Investment
write off|||4,044|4,044|4,044|
|Training|||192|192|192|
|Website costs|||780|780|1,293|
|HR services|||3,121|3i121|1,040|
|Governance|costs||4,358|4,358|2,405|
||||225,943|225,943|249,766|
|Total 2021|||249,766|249,766||
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||Freehold|Fixtures and||
|---|---|---|---|
||property|fittings|Total|
||6|8|6|
|Cost or valuation||||
|At 1 January 2022|628,259|27,781|656,040|
|At 31 December 2022|628,259|27,781|656,040|
|Depreciation||||
|At 1 January 2022|265,692|27,781|293,473|
|Charge for the year|12,565||12,565|
|At 31 December 2022|278,257|27,781|306,038|
|Net book value||||
|At 31 December 2022|350,002||350,002|
|At31December 2021|362,567||362,567|
|Fixed asset investments||||
|||Other fixed||
||Unlisted|asset||
||investments|investments|Total|
||6|6|6|
|Cost or valuation||||
|At 1 January 2022|966,413|37,198|1,003,611|
|Disposals|(25,638)||(25,638)|
|Revaluations|(74,646)||(74,646)|
|Amounts
written off||(4,044)|(4,044)|
|At 31 December 2022|866,129|33,154|899,283|
|Net book value||||
|At 31 December 2022|866,129|33,154|899,283|
|At 31December 2021|966,413|37,198|1,003,611|
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|Material Inv|est|ments||||
|---|---|---|---|---|---|
|||||2022
6|2021f|
|Photovoltaic|cells|||33,154|37,200|
|COIF Charities||Investment|funds|615,195|688,051|
|M&G Investments||||172,928|186,408|
|Quilter (Old Mutual Wealth)||||78,008|91,460|
|||||899,283|1,003,119|
|Debtors||||||
|||||2022|2021|
|||||6|6|
|Due within one||year||||
|Other debtors||||1,893||
|Prepayments|and accrued||income|4,406|4,138|
|||||6,299|4,138|
##
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|||2022
6|2021f|
|---|---|---|---|
|Trade creditors||3,349|6,226|
|Other taxation and social security|||1,119|
|Accruals and deferred|income|9,707|10,087|
|||13056|17432|
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|Statement offunds||- current|year|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at 31|
||||Balance at 1|||Gains/|December|
||||January 2022
8|Income
f|Expenditure
6|(Losses)
6|2022
6|
|Unrestricted
funds||||||||
|Designated
funds||||||||
|Extraordinary
repairs||fund|150,000||||150,000|
|Cyclical maintenance||fund|25,000||||25,000|
||||175,000||||175,000|
|General funds||||||||
|General
Funds|||639,719|204,639|(231,081)|(21,955)|591,322|
|Total Unrestricted|funds||814,719|204,639|(231,081)|(21,955)|766,322|
|Endowment
funds||||||||
|Capital reserve|||565,607|||(52,691)|512,916|
|Total offunds|||1,380,326|204,639|(231,081)|(74,646)|1,279,238|
|Extraordinary
Repair||Fund||||||
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|Statement offunds||- prior ye|ar|||||
|---|---|---|---|---|---|---|---|
||||Balance at||||Balance at|
||||1January|||Gainer|31December|
||||2021|Income|Expenditure|(Losses)|2021|
|Unrestricted
funds||||||||
|Designated
funds||||||||
|Extraordinary
repairs||fund|150,000||||150,000|
|Cyclical maintenance||fund|25,000||||25,000|
||||175,000||||175,000|
|General funds||||||||
|General Funds|||645,093|196,283|(253,494)|51,837|639,719|
|Total Unrestricted|funds||820,093|196,283|(253,494)|51,837|814,719|
|Endowment
funds||||||||
|Capital reserve|||483,218|||82,389|565,607|
|Total offunds|||1,303,311|196,283|(253,494)|134,226|1,380,326|
##
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|Analysis of net assets between funds - curr|ent year|||
|---|---|---|---|
||Endowment|Unrestricted|Total|
||funds|funds|funds|
||2022|2022|2022|
||6|6|6|
|Tangible fixed assets||350,002|350,002|
|Fixed asset investments|512,916|386,367|899,283|
|Current assets||43,009|43,009|
|Creditors due within one year||(13,056)|(13,056)|
|Total|512,916|766,322|1,279,238|
##
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||Endowment|Unrestn'cted|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021|2021f|
|Tangible fixed assets||362,567|362,567|
|Fixed asset investments|565,607|438,004|1,003,611|
|Current assets||31,580|31,580|
|Creditors due within one year||(17,432)|(17,432)|
|Tl|565,607|814,719|1,380,326|
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