| PAGE | ||
|---|---|---|
| Trustees Annual Report |
1-6 | |
| Independent Examiner's |
Report | |
| Statement of Financial Activities | ||
| Balance Sheet | ||
| Notes to the Accounts | 10-15 |
| Unrestricted | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Notes | Income Fund | Fund | 2022 | 2021 | |||
| E | E | ||||||
| Income | |||||||
| Investment Income |
|||||||
| Rental Income Income from Listed Investments Deposit Interest |
61,290 30,439 5 |
61,290 30,439 5 |
63,900 27,168 15 |
||||
| Donations and Similar |
Income | 311 | |||||
| Total | 91,734 | 91,734 | 91,394 | ||||
| Expenditure | |||||||
| Raising Funds | |||||||
| Property Management Expenditure Provision for Bad debt Investment Portfolio Management Charitable Activities Other Total |
Charges | 17,239 (4,973) 1,235 55,882 10,574 79,957 |
5,556 5,556 |
17,239 (4,973) 6,791 55,882 10,574 85,513 |
10,973 6,443 6,235 54,010 8,468 86,129 |
||
| Gains and losses on revaluation | |||||||
| and on investment asset |
disposals | ||||||
| Realised Unrealised Net Income/(Expenditure) |
2,207 (10,788) 3,196 |
(3,645) 71,325 62,124 |
65,320 (1,438) 60,537 |
219,518 36,853 177,400 |
|||
| Net movement in funds |
3,196 | 62,124 | 65,320 | 219,518 | |||
| Reconciliation ofFunds |
|||||||
| Total funds brought forward |
246,647 | 1,752,186 | 1,998,833 | 1,779,315 | |||
| Total funds carried forward | 249,843 | 1,814,310 | 2,064,153 | 1,998,833 |
| BALANCE 31 MARCH |
SHEET 2022 |
||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| Notes | E | ||||||||
| Fixed Assets | |||||||||
| Listed Investments | 10 | 1,210,290 | 1,117,997 | ||||||
| Investment | Properties | 2 | 825,000 | 825,000 | |||||
| 2,035,290 | 1,942,997 | ||||||||
| Current Assets | |||||||||
| Debtors Bank balances: |
11 | 33,377 | 26,898 | ||||||
| Deposit | 9,872 | 35,811 | |||||||
| Current | 500 | 500 | |||||||
| 43,749 | 63,209 | ||||||||
| Current Liabilities |
|||||||||
| Creditors | 12 | 14,886 | 7,373 | ||||||
| Net Current | Assets | 28,863 | 55,836 | ||||||
| Net Assets | 2,064,153 | 1,998,833 | |||||||
| Represented | By: | ||||||||
| Unrestricted | Income Funds | 13 | |||||||
| Accumulated | Income Fund | 162,320 | 169,121 | ||||||
| Repairs and | Maintenance | Fund | 87,523 | 249,843 | 77,526 | 246,647 | |||
| Endowment | Fund | 1,814,310 | 1,752,186 | ||||||
| 2,064,153 | 1,998,833 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| E | |||||||
| 3 Donations | and | Similar | Income | ||||
| Donations | towards | Furniture | Transfer | 211 | |||
| Donation towards |
Fuel Grants | 100 | |||||
| 311 | |||||||
| 2022 | 2021 | ||||||
| F | |||||||
| 4 Property | Management | Expenditure | |||||
| Insurance Professional Charges Repairs, Renewals and Utilities Clerk's Salary |
3,150 8,309 4,685 1,095 |
2,833 3,712 3,363 1,065 |
|||||
| 17,239 | 10,973 |
| 6 Charitable Activities |
||
|---|---|---|
| 2022 | 2021 | |
| E | E | |
| Grants to Organisations Fuel Grants to 126(2021-113)individuals Other Grants to 60 (2021-29) individuals Furniture Transfer Scheme Support Costs: |
3,474 12,615 18,466 5,706 |
11,808 9,605 10,126 7,383 |
| Clerk's Salary Postage Stationery and Advertising |
15,330 291 |
14,913 175 |
| 55,882 | 54,010 | |
| Grants to Organisations were as follows: |
||
| Lichfield Foodbank Wireless for the Blind St Giles Hospice The Friary School |
474 3,000 |
1,000 474 5,334 5,000 |
| 3,474 | 11,808 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 7 Other Costs | F | ||||
| Independent Examiner Clerk's Salary Sundry Expenses |
2,874 5,475 2,225 |
2,790 6,269 1,511 |
|||
| 10,574 | 10,570 | ||||
| 8Allocation ofClerk's Salary |
|||||
| 2022 | 2022 | 2021 | 2021 | ||
| 0/ | 0/ | ||||
| Property Management Charitable Activities Other |
1,095 15,330 5,475 |
5 70 25 |
1,065 14,913 5,326 |
5 70 25 |
|
| 21,900 | 100 | 21,304 | 100 |
| Endowment | Accumulated | ||||
|---|---|---|---|---|---|
| Fund | Income Fund | 2022 | 2021 | ||
| F | F | E | |||
| UK Listed Investments Investment Portfolio Cash |
960,648 22,338 |
219,954 7,350 |
1,180,602 29,688 |
1,082,707 35,920 |
|
| 982,986 | 227,304 | 1,210,290 | 1,118,627 | ||
| investments held at 1.04.21 Additions at cost Disposal proceeds Profit/(Loss) on Disposal Increase/(Decrease) in market value Investments held at31.03.22 |
889,260 50,430 (46,722) (3,645) 71,325 960,648 |
193,447 60,000 (24,912) 2,207 (10,788) 219,954 |
1,082,707 110,430 (71,634) (1,438) 60,537 1,180,602 |
892,002 103,367 (126,915) 36,853 177,400 1,082,707 |
|
| Historic Cost | 565,653 | 158,389 | 724,042 | 765,346 |
| 11Debtors | |||
|---|---|---|---|
| Rental Income in Prepayments Accrued Income Other Debtors |
arrears | 2022 E 16,500 3,117 1,317 12,443 |
2021f 8,700 3,615 1,248 13,335 |
| 33,377 | 26,898 | ||
| 12Creditors | |||
| Rental Income in Other Creditors Grants authorised |
Advance but not paid |
5,792 8,291 803 |
2,167 4,662 544 |
| 14,886 | 7,373 |
| 13Unrestricted Incom |
e Funds | |||
|---|---|---|---|---|
| Accumulated | Repairs and | Total | ||
| Income Fund | Maintenance | 2022 | ||
| Fund | ||||
| Balance at 01.04.21 Net incoming/(Outgoing) Appropriation to Repairs |
Resources and |
E 169,121 5,457 |
E 77,526 (2,261) |
E 246,647 3,196 |
| Maintenance Fund Balance at 31.03.22 |
(12,258) 162,320 |
12,258 87,523 |
249,843 | |
| Accumulated | Repairs and | Total | ||
| Income Fund | Nlaintenance | 2021 | ||
| Fund | ||||
| Balance at 01.04.20 Net Incoming/(Outgoing) Appropriation to Repairs |
Resources and |
F 137,206 43,406 |
E 67,093 (1,058) |
E 204,299 42,348 |
| Maintenance Fund Balance at31.03.21 |
(11,491) 169,121 |
11,491 77,526 |
246,647 |
| 14Analysis of Net Assets B |
etween Funds | |||
|---|---|---|---|---|
| Accumulated | Repairs and | Endowment | Total | |
| Income Fund | Maintenance | Fund | 2022 | |
| Fund | ||||
| Fixed Assets Current Assets Current Liabilities Fund Balance |
E 227,304 (50,098) (14,886) 162,320 |
F 87,523 87,523 |
E 1,807,986 6,324 1,814,310 |
E 2,035,290 43,749 (14,886) 2,064,153 |
| Accumulated | Repairs and | Endowment | Total | |
| Income Fund | Maintenance | Fund | 2021 | |
| f | Fund F |
E | F | |
| Fixed Assets Current Assets Current Liabilities Fund Balance |
197,083 (20,589) (7,373) 169,121 |
77,526 77,526 |
1,745,914 6,272 1,752,186 |
1,942,997 63,209 (7,373) 1,998,833 |