|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|4|
|Report ofthe Independent
Auditors|5|to|6|
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|9|to|13|
|Detailed Statement ofFinancial Activities||14||
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||||fort|he Yearfnded31D
m|r2 22||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||Unrestricted|Total|
|||||Notes|fundf|fundsf|
|INCOME AND ENDOWMENTS|||FROM||||
|Investment
income|||||263,192|262,172|
|EXPENDITURE ON|||||||
|Raising funds|||||38,026|36,332|
|Chaditable
activities|||||||
|Grants 8 Donations|||||211,207|204,033|
|Support costs|||||40,266|40,639|
|Governance costs|||||||
||||||32,036|35,246|
|Total|||||321,535|~316250|
|NET INCOME/(EXPENDITURE)|||||(58,343)|(54,078)|
|Other mcognised|gains/(losses)||||||
|Gains/(losses)
on investment||assets|||(896,981)|730,369|
|Write-off historical|cmditor||||2,121|8,135|
|Net movement
in|funds||||(953,203)|684,426|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||||9,364,541|8,680,115|
|TOTAL FUNDS CARRIED FORWARD|||||8,411,338|9,364,541|
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|||The Fi|Fund|||
|---|---|---|---|---|---|
|||Bl|9IIBB|||
|||31December 2022||||
|||||2022|2021|
|||||Unrestricted|Total|
|||||fund|funds|
|||Notes||8|8|
|FIXEDASSETS
Social investments||||7957399|9,030,519|
|CURRENT ASSETS
Debtors
Gash at bank and
in hand||10||6,732
451,617|11,724
327,902|
|||||458,349|339,626|
|CREDITORS
Amounts
falling due within one year||||(4,410)|(5,604)|
|NET CURRENT ASSETS||||3939|3 .193|
|TOTAL ASSETS|LESS CURRENT|UABILITIES||8411338|9364641|
|NET ASSETS||||8,411,338|9,364 541|
|FUNDS
Unrestricted
funds||12||8,411,338|9.364541|
|TOTALFUNDS||||8411,333|3.864,341|
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|CHARITAB|LE ACTIVITIES COSTS||||
|---|---|---|---|---|
||||Support||
|||Direct|costs(see||
|||Costs|note 4)|Totals|
|||6|6|6|
|Grants 8 Donations||211,207||211,207|
|Support costs||40,266||40,266|
|Governance|costs||32,036|32,036|
|||251,473|~32 036|~263509|
|SUPPORT|COSTS||||
|||||Governance|
|||||costs|
|||||6|
|Governance|costs||||
|||||32,036|
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|STAFF CO|STS||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||6|6|
|Wages and|salanes||||34,327|33,406|
||||||34,327|33,406|
|The average|monthly|number ofemployees||during the year was as follows:|||
||||||2022|2021|
|Support to the governance|||ofthe charity||1|1|
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|||||Unrestricted|
|---|---|---|---|---|
|||||fund|
|||||6|
|INCOME AND ENDOWMENTS||FROM|||
|Investment
income||||~262 172|
|EXPENDITURE ON|||||
|Raising funds||||36,332|
|Charitable
activities|||||
|Grants 8 Donations||||204,033|
|Support costs||||40,639|
|Governance costs||||35,246|
|Total||||316,250|
|NET INCOME/(EXPENDITURE)||||(54,078)|
|Other recognised
Gains on revaluation|gains/(losses)
offixed assets|||~738504|
|Net movement
in funds||||684,426|
|RECONCILIATION|OF FUNDS||||
|Total funds brought|forward|||8,680,115|
|TOTAL FUNDS CARRIED FORWARD||||9,364,541|
|SOCIAL INVESTMENTS|||||
|||||Other|
|||||investments|
|||||6|
|MARKET VALUE|||||
|At 1 January 2022||||9,030,519|
|Additions||||751,301|
|Disposals
Revaluations||||(1,000,889)
~923,5323|
|At 31 December 2022||||7,957,399|
|NET BOOK VALUE|||||
|At 31 December 2022||||,05,399|
|At 31 December 2021||||9,030,5 9|
|Cost or valuation
at|31 December 2022 is represented||by||
|||||Other|
|||||investment|
|Equities||||6,096,304|
|Fixed interest securities||||1 861 095|
|||||7,957,399|
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|10.|DEBTO|RS:A|MOUNTS
F|ALLING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021
f|
||Other debtors|||||732|724|
||Loan to|D and|LL Powell|||6,000|6,000|
||Loan to|RJ and SYGrogan|||||5,000|
|||||||6,732|~11 724|
|11.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
|||||||2022|2021|
|||||||K|2|
||Taxation|and|senal security|||158|2,121|
||Other creditors|||||4,252|3,483|
|||||||4,410|5,604|
|12.|MOVEMENT||IN FUNDS|||||
|||||||Net||
|||||||movement|At|
||||||At 1.1.22|in funds
8|31.12.22
f|
||Unrestricted||funds|||||
||General|fund|||9,364,541|(953,203)|8,411,338|
||TOTAL|FUNDS|||~9364541|~953,203)|~8411338|
|Net mov|ement|in fu|nds,
includ|ed|in the above|are as follows:||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Incoming|Resources|Gains and|Movement|
|||||||resources|expended|losses|in funds|
|||||||K||K||
|Unrestricted||funds||||||||
|General|fund|||||263,192|(321,535)|(894,860)|(953,203)|
|TOTAL|FUNDS|||||263,192|(321,535)|(894,860)|~953,203)|
|Compar|atives|for|movement|in|funds|||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.1.21
f|in funds
f|31.12.21
8|
|Unrestricted||funds||||||||
|General|fund||||||8,680,115|684,426|9,364,541|
|TOTAL|FUNDS||||||8,680,115|684,426|9,364,541|
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|MOVEMENT|IN FUNDS -c|ontinued||||||
|---|---|---|---|---|---|---|---|
|Comparative|net movement|in funds,|included|in the above are as follows:||||
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
|||||6|6|6|6|
|Unrestricted|funds|||||||
|General
fund||||262,172|(316,250)|736,504|684,426|
|TOTALFUNDS||||262,172|~316,250)|738,504||
##
##
|||D|il|t m|n|fFin ncialActivities|||
|---|---|---|---|---|---|---|---|---|
||||for the|Year Ended||31December 202|||
||||||||2022|2021|
||||||||6|6|
|INCOME AND ENDOWMENTS|||||||||
|Investment
income|||||||||
|Interest
on cash deposits|||||||8|982|
|Dividends
-equities|||||||232,820|229,766|
|Interest
—fixed interest securities|||||||30,364|31,424|
||||||||263,192|262,172|
|Total incoming resources|||||||263,192|262,172|
|EXPENDITURE|||||||||
|Raising donations
and|legacies||||||||
|Investment
management|costs||||||38,026|36,332|
|Charitable
activities|||||||||
|Wages|||||||34,327|33,406|
|Telephone|||||||901|1,184|
|Payment
to beneficiaries|||||||11,520|12,761|
|Donations to charities|||||||200,727|191,272|
|Employee expenses|||||||1,190|794|
|Bank charges|||||||32|32|
|Other charitable
expenditure|||||||2,776|5,223|
||||||||251,473|244,672|
|Supportcosts|||||||||
|Governance costs|||||||||
|Auditors'
remuneration|||||||5,250|3,850|
|Legal fees|||||||26,786|31,396|
||||||||32,036|35,246|
|Total resources expended|||||||321,535|316,250|
|Net expenditure|||||||~58,343)|~54078)|