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|||For|the year|ended 31stDe|cember 2022||||
|---|---|---|---|---|---|---|---|---|
|||||UNRESTRICTED|DESIGNATED|ENDOWMENT|TOTAL FUNDS|2021|
|||||FUNDS|FUNDS|FUNDS|||
|Income|||Notes|F|f|f|||
|Grants and donations
received|||2|155|||155|30|
|Residents'
contributions||||41,216|||41,216|40,670|
|Investment
income||||4,710|198||4,908|7,820|
|interest received||||53|294||347|3|
|Other income||||0|||0|68|
|Total Income|||||492||46,626|48,591|
|Expenditure|||||||||
|Raising funds|||||||||
|Investment
managers'||charges||1,827|||1,827|1,947|
|Charitable
activities|||3|48,895|492||49,387|33,987|
|Total Expenditure||||50,722|492||51,214|35,934|
|Net income/(expenditure)||before|||||||
|investment
gains/(losses)||||(4,588)|0||(4,588)|12,657|
|Nei gainsl(losses)|on investments|||(8,418)|(1,573)|(12,745)|(22,736)|40,157|
|Net Income||||(13,006)|(1,573)|(12,745)|(27,324)|52,814|
|Transfers
between|funds||||||||
|Net Incomel(expenditure)||||(13,006)|(1,573)|(12,745)|(27,324)|52,814|
|Other recognised|gains and losses||||||||
|Net movement
in|funds|||(13,006)|(1,573)|(12,745)|(27,324)|52,814|
|Reconciliation
of|Funds||||||||
|Total funds brought|forward|||93,315|234,475|150,131|477,921|425,252|
|Total Funds Carried Forward||||80,309|232,902|137,386|450,597|478,066|
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||||||UNRESTRICTED|DESIGNATED|ENDOWMENT|TOTALFUNDS|2021|
|---|---|---|---|---|---|---|---|---|---|
||||||FUNDS|FUNDS|FUNDS|||
|||||Notes|6|E|E|5|E|
|FIXEDASSETS||||||||||
|Tangible assets||||7|1||37,170|37,171|37,171|
|Investments||||8|61,335|232,292|98,247|391,874|411,520|
||||||61,336|232,292|135,417|429,045|448,691|
|CURRENT ASSETS||||||||||
|Debtors||||9|5,051|||5,051|3,833|
|Cash at bank and||in|hand||35,588|610|1,969|38,167|47,207|
||||||40,639|610|1,969|43,218|51,040|
|CREDITORS:
within one|Amounts
year||falling due|15|~3.545|||~3,545|~3373|
|NET CURRENT ASSETS|||||37,594|610|1,969|40,173|48,067|
|TOTAL ASSETS LESS CURRENT||||||||||
|LIABILITIES|||||98,930|232,902|137,386|469,218|496,758|
|CREDITORS:|Amounts||falling due|||||||
|after more|than one||year|11|(18,621)|||(18,621)|(18,837)|
||||||80,309|232,902|137,386|450,597|477,921|
|FUNDS||||12||||||
|Endowment|Funds||||||137,386|137,386|150,131|
|Designated|Funds|||||232,902||232,902|234,475|
|General Funds|||||80,309|||80,309|93,315|
||||||80,309|232,902|137,386|450,597|477,921|
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||||||UNRESTRICTED|UNRESTRICTED|DESIGNATED|ENDOWMENT|TOTAL FUNDS|TOTAL FUNDS|2021|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||FUNDS||FUNDS|FUNDS|||||
||||||||E||E||E||
||Open Day donations|||||||||||0|
||Gymphobics|||||155||||155|||
||Lichfield Methodist Ladies|||||28||||28|||
||Other small donations|||||155||||155||30|
|||||||338||0||338||30|
|3|Charitable
activities||||||||||||
||||||UNRESTRICTED||DESIGNATED|ENDOWMENT|TOTAL FUNDS||2021||
||||||FUNDS||FUNDS|FUNDS|||||
||||||E||E||E||||
||Housing accommodation||||||||||||
||Utilities and services||||3,763||||3,763||4,290||
||Services supplied||||1,852||||1,852||1,356||
||Management
and|administration|||12,101||||12,101||11,863||
||General repairs and||maintenance||8,352||||8,352||7,760||
||Refurbishments||||13,479||492||13,971||1,719||
||Advertising
(lettings)|||||0||||||0|
||Bad debts - Residents'|||contributions|||||||||
||written
off/ recovered|||(net)||487||||487|||
||||||40,034||492|0|40,526||26,993||
||Support costs||||||||||||
||Insurance||||1,752||||1,752||1,591||
||Postage, stationery||and|telephone||197||||197||309|
||Maintenance
ofoffice equipment|||||365||||365||365|
||Subscriptions|||||229||||229||220|
||Professional fees||||2,615||||2,615|||818|
||Sundry expenses|||||715||||715||417|
||Loan interest||||1,285||||1,285||1,321||
||Depreciation|||||0||||0||8|
||Governance costs||||||||||||
||Indemnity
insurance|||||28||||28||399|
||Emoluments
ofemployees|||||900||||900||900|
||Independent
Examiner's|||remuneration|||||||||
||and associated costs|||||700||||700||600|
||Cost ofTrustees'|meetings||||75||||75||46|
||||||8,861||0|0|8,861||6,994||
||Total costs - charitable||activities||48|895|492|0|49|381|33|981|
|4|Staffcosts and Trustees'|||remuneration|||||||||
||||||||||2022||2021||
||||||||||E||E||
||Salaries|(1|par|t time employee:|2021 - 1)||||13|001|12|940|
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|Tangible fixed as|sets|||||
|---|---|---|---|---|---|
|||Land &|Furniture|S|TOTAL|
|||Buildings|Equipment||FUNDS|
|||E|E||8|
|Cost or valuation||||||
|At 1stJanuary 2022||264,844|22,027||286,871|
|Additions||||0|0|
|Disposals|||||0|
|At 31st December|2022|264,844|22,027||286,871|
|De reciation and|rants received|||||
|At 1stJanuary 2022||227,674|22,026||249,700|
|On disposals|||||0|
|Charges for year||||0|0|
|At 31stDecember|2022|227,674|22,026||249,700|
|Net book values||||||
|At 31stDecember|2022|37,170||1|37,171|
|At 31stDecember|2021|37,170||1|37,171|
##
|Fixed asset investments|||||||
|---|---|---|---|---|---|---|
|||UNRESTRICTED|DESIGNATED|ENDOWMENT|TOTAL FUNDS|2021|
|||FUNDS|FUNDS|FUNDS|||
|||E||||F|
|Listed investments
at market|value||||||
|Held by investment
Managers|||||||
|UK Bonds||9,203|4,666|1,881|15,750|16,153|
|Overseas Bonds||||9,720|9,720|9,533|
|UK Equities||21,485|2,601|21,534|45,620|51,122|
|North American
Equities||15,787||32,940|48,727|59,247|
|European
Equities|||6,788|4,785|11,573|13,722|
|Japanese
Equities|||6,419||6,419|7,216|
|Asia Pacific Equities||3,611||4,369|7,980|8,679|
|Emerging
Markets Equities||||1,375|1,375|2,729|
|Global Investments|||3,764|8,800|12,564|12,984|
|Absolute
Return||4,680||7,063|11,743|9,527|
|Property
and Investment|Trusts|||3,646|3,646|4,983|
|Other investments||6,569|||6,569|6,800|
|||61,335|24,238|96,113|181,686|202,695|
|M&G Charity
Multi Asset Funds|||208,054|2,134|210,188|208,825|
|||61,335|232,292|98,247|391,874|411,520|
##
##
|9|Debtom|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||||2022f|2021
f.|
||Prepayments|||||||||||||||||5 551|3533|
|10|Creditom: amounts|falling||due|within one||||year|||||||||||
|||||||||||||||||||2022f|2021f|
||Housing
Corporation|loan||||||||||||||||216|197|
||Accrued expenses|||||||||||||||||2,829|2,776|
|||||||||||||||||||3,045|2,973|
|11|Creditors: amounts|falling||due|after||one|year||||||||||||
|||||||||||||||||||2022|2021|
|||||||||||||||||||f||
||Housing
Corporation|loan||||||||||||||||||
||Repayable
between||2-5|years||||||||||||||1,087|990|
||Repayable after|more than 5|||years|||||||||||||17,534|17,847|
|||||||||||||||||||18,621|18,837|
||The loan from the Housing|||Corporation
is||||in respect of the extension|||||to the|main||building||and is secured
by a||
||legal charge over the||land|and|buildings|||at|Beacon Street,||Lichfield,||Staffordshire.||||The loan is repayable
by|||
||quarterly
instalments|of capital and||||interest|||from 1987(when||the development||||was||deemed
to be||substantially|
||complete) for60years.|||||||||||||||||||
||There is no entitlement||for repayment||||other|than by the quarterly||||instalments.||||||||
||The loans carry an interest rate of 9.5%.|||||||||||||||||||
|12|Funds|||||||||||||||||||
||||||||Brought|||Income||Expenditure||Transfers|||Gains and|||
||||||||forward
f|||||||||||(Losses)
f||
||Unrestricted
Fund||||||93,315|||46,134||(50,722)||||||(8,418)|80,309|
||Designated
Funds:-|||||||||||||||||||
||Extraordinary
Repairs Fund|||||206,806||||492||(492)||||||1,432|208,238|
||Trust Fund||||||27,669|||||||||||(3,005)|24,664|
||Endowment
Funds|||||150,131||||||||||||(12,745)|137,386|
|||||||477,921||||46,626||(51,214)|||||0|(22,736)|450,597|