## **CAISTER NEXT YARMOUTH UNITED CHARITIES** 

## CHARITY REGISTRATION NUMBER 213710 

## **Trustees Report for the Year Ended 31st March 2022** 

## **Principle Activities** 

The relief of need within the Parish of Caister on Sea with West Caister. 

## **Income and Expenditure** 

The increase in Income is due to the sale of a field to developers. The initial payment made amounted to £398,355. This was offset by increased Expenditure of £221,004.80, comprising of Legal Fees, Agents Fees and Accountants Fees. 

A further receipt amounting to £300,000 was made in May 2022 and the final payment of £300,000 is due to be made in May 2023. 

## **Investment Policy** 

The Trustees invest available funds to provide a source of income to cover applications for relief, without reducing their working capital 

Due to the low returns on investments in the current financial climate, no investments have been made during this financial year. Contact has been made with local financial advisors regarding future investment plans. 

## **Political and Charitable Donations** 

No  political  or  financial  donations  have  been  made  during  the  last financial period. 

## **Policy on the inclusion of all people** 

The charity has a policy of engaging with all people, with no regard to their gender, ethnic background, colour, physical or mental ability and age. 

This report was agreed by the Trustees at a General Meeting on the 16th December 2022 

Signed on behalf of the Charity Trustees 

B Lawn 



Chair of Trustees

## **Caister United Charities** 

## **Charity Registration Number: 213710** 

## **Income and Expenditure Account for the Year Ended 31st Marc** 

|**Income**<br>Rents Received<br>Wayleave<br>Hirst Farms<br>Total Rents Received<br>Sale of Asset<br>Field<br>Reduction of Sales Value Insuranc<br>Cost of Sale of Asset<br>Legal Fees<br>Agents Fees<br>Survey Work<br>Total Receipts From Sale<br>Donation<br>Interest Received<br>Total Income<br>**Expenditure**<br>Distributions<br>Assistance Grants<br>Secretary's Fees<br>Ofice Expenses<br>Bank Charges<br>Insurance<br>Accountants Fees<br>Total Expenditure<br>Excess Expenditure Over Income|**2022**|**2022**|**20**|
|---|---|---|---|
||£<br>0.00<br>0.00|£<br>0.00<br>178,830.20<br>65.00<br>156.00|£<br>550.00<br>488.75|
||400,000.00<br> <br>(1,645.00)||0.00<br>0.00|
||398,355.00<br>(10,000.00)<br>###<br>(275.00)||0.00<br>(6,000.00)<br>0.00<br>0.00|
|||||
|||179,051.20||
|||720.00<br>722.30<br>300.00<br>240.00<br>102.00<br>450.14<br>1,480.00||
|||4,014.44||
|||||
|||175,036.76||
|||||





## **Caister United Charities** 

## **Charity Registration Number: 213710** 

## **Balance Sheet as at 31st March 2022** 


**----- Start of picture text -----**<br>
2022 20<br>£ £ £<br>Assets<br>Sundry Debtor<br>HMRC VAT 64.29<br>Cash in Hand & At Bank<br>Lloyds Bank Current A/c 195,731.34  7,442.20<br>Lloyds Bank Deposit A/c 2yr 0.00  13,000.00<br>Lloyds Bank Deposit A/c 1yr 0.00  0.00<br>Petty Cash 60.00  60.00<br>195,791.34<br>Total Assets 195,855.63<br>Explained By:<br>Excess Income Over (Expenditure)<br>Prior Years Cumulative 20,818.87<br>Current Year 175,036.76<br>Cumulative Excess Income Over (Expenditu 195,855.63<br>Signed Date<br>B Lawn - Chairman M Doyle - Secretary<br>**----- End of picture text -----**<br>




## **ch 2022** 

**21** £ 1,038.75 (6,000.00) 1,291.66 271.75 (3,397.84) 450.00 1,870.73 150.00 40.00 0.00 452.07 0.00 2,962.80 (6,360.64) 



**21** £ 316.67 20,502.20 20,818.87 27,179.46 (6,360.59) 20,818.87 



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