2022-09-30-accounts - Dr Daniel Williams (Commonly Known As Dr Williams's Trust)

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																				Pa	ge 7
											DRWILLIAMS'S CHARITY
									STATEMENT OF FINANCIAL ACTIVITIES
									FOR THE YEAR ENDED 30SEPTEMBER2022
							unrestricted		Designated		Restricted	Endowment	2022		unrestricted	Designated	Restricted		Endowment		2021
Incoming Resources					SCh		Fundsf		Funds f		Fundsf	Fundsf	Total f		Funds	Funds	Funds		Funds		Totalf
Incoming resources from generated		funds
Voluntary Income - Donations	and		Legacies				25,782		1,000		4,831		31,613		5,686	3,000	15,000				23,686
Activities for generating funds	-	Rents &filming										90,994	90,994				1,134		115,003		116,137
Investment income - Interest												169	169						25		25
Investment income - Dividend									1,660		15,203	109,950	126,813			1,639	15,016		108,598		125,253
Incoming resources from charitable		activities					17,676				4,054		21,730		30,810		3,845				34,655
Other incoming resources
Total incoming resources							43,458		2,660		24,088	201,113	271,319		36,496	4,639	34,995		223,626		299,756
Resources Expended
Charitable activities
Management &Administration					B/F/G		257,658		7		28,832		286,497		246,087		19,656				265,743
Upkeep of library buildings					C		83,748						83,748		58,964						58,964
Repairs to library buildings					D		14,977						14,977		13,084						13,084
Grants etc
Investment Management costs							721					11,296	12,017		714				11,192		11,906
Total Resources expended							357,104		7		28,832	11,296	397,239		318,849		19,656		11,192		349,697
Net incoming Ioutgoing
resources before transfers						(	313,646 )		2,653	(	4,744 )	189,817 (	125,920 )	(	282,353)	4,639	15,339		212,434	(	49,941 )
Gross Transfers between funds							201,113					201,113			223,626				223,626
Net incoming Ioutgoing resources
before other recognised gains	and losses					(	112,533 )		2,653	(	4,744 ) (	11,296 ) (	125,920 )	(	58,727 )	4,639	15,339	(	11,192)	(	49,941 )
Realised/Unrealised gains/losses			on investments					(	658)	(	6,025) (	43,580) -	50,263			4,869	44,598		322,535		372,002
Net movement in funds							112,533		1,995		10,769	54,876	176,183		58,727	9,508	59,937		311,343		322,061
Funds brought forward at 1st October 2021						(	349,311 )		48,553		304,376	4,186,946	4,190,564	(	290,584 )	39,045	244,439		3,875,603		3,868,503
Net movement in funds						(	112,533 )		1,995	(	10,769 ) (	54,876 ) (	176,183)	(	58,727 )	9,508	59,937		311,343		322,061
Funds cardied forward at 30th	September			2022			461,844		50,548		293,607	4,132,070	4,014,381		349,311	48,553	304,376		4,186,946		4,190,564

				Schedule	2022		2021
Fixed Assets
Tangible Assets					1,063,255		1,009,106
Investments					2,702,769		2,857,534
						3,766,024		3,866,640
Sundry Debtors					60,547		65,832
Cash at bank and		in hand			233,133		335,990
					293,680		401,822
Creditors:	amounts		falling	L	(45,323)		(77,898)
	due within one			year
Net curret	assets					248,357		323,924
Net Assets						4,014,381		4,190,564
Capital Accounts
Permanent	Endowment					4,132,070		4,186,946
Income funds
Restricted	Funds			G	293,607		304,376
Designated	Funds				50,548		48,553
Unrestricted	Income		Fund	H	(461,844)		(349,311)
						(117,689)		3,618
						4,014,381		4,190,564

SCHEDULE A. SALARIES	SCHEDULE A. SALARIES	SCHEDULE A. SALARIES	SCHEDULE A. SALARIES	AND PENSION	AND PENSION	AND PENSION	AND PENSION	AND PENSION	COSTS	COSTS			2022	2021
														E
Wages and salaries													210,163	303,959
Social Security Costs													13,085	22,901
Pension costs													20,611	20,903
													243,859	347,763
Transferred to Tangible		Assets											0	78,591
													243,859	269,172
In 2021, a number	ofemployees				were employed					to bring	the tangible	fixed asset
into it's intended use and as			such these costs						have been		capitalised.
No employee was	paid	in excess of				F60,000.
Trustees received	no remuneration					in the	year (2021:ENII).
The average number ofemployees						during	the		year was:		8(2021:8)
SCHEDULE B.MANAGEMENT					AND ADMINISTRATION						-TRUST	AND LIBRARY
													2022	2021
Staff salaries, NIC	and	pension			contributions
Trust													57,627	54,433
Library	(including			Cong)									183,136	185,025
Less: Archivist funded			by		Restricted		and		Designated		Funds
Cataloguer		funded		by Restricted				fund					(10,000)	(10,000)
Library	staff	funded			by Restricted				Funds				(9,000)	(9,000)
Salary	costs for Congregational							Library					22,970	38,431
													198,793	182,027
Books purchased	-Accessions				and	Reference				including	periodicals		1,529	4,040
Imaging and adopt	Costs												828	681
Postage and telephone													3,392	2,877
Printing and stationery													954	904
Health and Safety	Management												1,740	1,740
Professional Fees													13,800	14,000
Legal Fees													11,181	14,895
Audit and accountancy													5,535	4,950
Trustees' expenses													388	17
Conservation													1,332	4,806
Library equipment	including		computers										157	667
Miscellaneous													4,416	455
Computer maintenance													13,184	13,229
Bank charges and	exchange			rate difference									429	799
													257,658	246,087
SCHEDULE C.UPKEEP OF				LIBRARY BUILDINGS
													2022	2021
Rent													2,800
Rates and water													32,282	(9,700)
Lighting and heating													8,940	7,252
Insurance													36,511	31,549
Caretakers salary,	NIC	and	pension			contributions							3,096	29,714
Establishment and	cleaning												119	149
													83,748	58,964

									2022		2021
Burglar alarms and	security									2,972	2,780
Lift repairs and maintenance										2,352	2,286
General Maintenance										9,653	8,018
									14,977		13,084
				Balance		Unrealised			External		Balance
				at 2021		Gain Loss	Income		ex enditure		at 2022
				E			E				E
General Education	Fund				31,368	(658)	1,660				32,370
Conservation Fund					14,020		1,000				15,020
Microfilming Fund					1,033						1,033
New College Fund					1,225						1,225
Bibles and other books					3,460						3,460
S.Wales lecture					564						564
Glasgow bursary					3,117						3,124
					48,553	(658)	2,660			(7)	50,548
				Balance		Unrealised			External		Balance
				at 2020		Gain Loss	Income		expenditure		at 2021
General Education	Fund				24,860	4,869	1,639				31,368
Conservation Fund					14,020						14,020
Microfilming Fund					1,033						1,033
New College Fund					1,225						1,225
Bibles and other books					460		3,000				3,460
S.Wales lecture					564						564
Glasgow bursary					3,117						3,117
					39,045	4,869	4,639				48,553
SCHEDULE G. RESTRICTED				FUNDS - INCOME	ACCOUNTS
									Realised	and
				Balance		Transfers /	Transfers	/	Unrealised		Balance
				at 2021		Income	Expenditure		Gains/Losses		at 2022
Rev. A Beesley Fund					46,347	4,110	(4,000)		(1,629)		44,828
C I Smith Fund					56,906	4,866	(4,600)		(1,928)		55,244
N Baynes Bequest					20,914	766		5		(304)	21,381
Appeal Fund					13,601	1,081					14,682
Friends of Dr Williams's		Library			11,857	4,054	(5,652)				10,259
G Nuttall (dividend	income)				61,916	5,055	(5,000)		(2,003)		59,968
Special Cataloguer	Fund				58						58
Edward Calamy					0	3,750	(8,750)				(5,000)
B8FUA Cataloguer	Fund			(12,577)							(12,577)
Painting Restoration	Fund				45,923						45,923
Archivist Fund					1,525						1,525
Jonathan Morgan Conservation				Fund	1,703		(435)				1,268
Baxter Conservation	Project				2,840						2,840
Library Benefactors	General		(dividend)		53,363	406	400			161	53,208
				304,376		24,088	(28,832)		(6,025)		293,607

SCHED	ULE G. RE	STRI	CT	ED	FUNDS -	INCOME ACCOU	NTS CONT.
									Realised and
						Balance	Transfers i	Transfers i	Unrealised	Balance
						at 2020	Income	Expenditure	Gains/Losses	at 2021
Rev. A Beesley Fund						34,229	4,060	(4,000)	12,058	46,347
C I Smith Fund						42,425	4,806	(4,600)	14,275	56,906
N Baynes Bequest						18,010	757	(100)	2,247	20,914
Appeal	Fund					12,467	1,134			13,601
Friends	of Dr Williams's		Library			13,511	3,845	(5,499)		11,857
G Nuttall	(dividend	income)				47,096	4,992	(5,000)	14,828	61,916
Special	Cataloguer	Fund				58				58
B8FUA	Cataloguer	Fund				(12,520)		(57)		(12,577)
Painting	Restoration	Fund				30,923	15,000			45,923
Archivist	Fund					1,525				1,525
Jonathan Morgan Conservation					Fund	1,703				1,703
Baxter Conservation		Project				2,840				2,840
Library Benefactors		General		(dividend)		52,172	401	(400)	1,190	53,363
						244,439	34,995	(19,656)	44,598	304,376
SCHEDULE H. ANALYSIS				OF	NET ASSETS BETWEEN		FUNDS
							Restricted	Unrestricted
						Designated	Funds	Funds	Endowment	Total 2022
Tangible	Assets					35,374	324,023		3,406,627	3,766,024
Debtors							10,720	49,827		60,547
Cash and Bank						15,174	(41,136)	(466,348)	725,443	233,133
Creditors								(45,323)		(45,323)
						50,548	293,607	(461,844)	4,132,070	4,014,381
							Restricted	Unrestricted
						Designated	Funds	Funds	Endowment	Total 2021
Tangible	Assets					37,400	342,577		3,486,663	3,866,640
Debtors							10,135	55,697		65,832
Cash and Bank						11,153	(48,336)	(327,110)	700,283	335,990
Creditors								(77,898)		(77,898)
						48,553	304,376	349,311	4,186,946	4,190,564

			Market Value
Share Holding Endowment	Capital Fund		2022	Holding	Book Cost
BP Ord $0.25			130,558	30,145	169,140
Royal Dutch Shell 'B' ord			138,654	6,172	79,715
Unilever pic Ord .03111			138,915	3,500	37,090
Glaxo Smithkline Ord 25p			94,017	7,200	83,657
Scottish &S.Energy Ord. GBP .50			129,837	8,500	130,517
National Grid Ord .12431289			101,944	10,950	70,942
United Utilities Ord .05p			111,100	12,500	75,259
Artemis Income			158,576	70,450	117,042
Mayfair Capital Prop Inc TfC			58,683	58,327	83,508
Vodafone Group ord USD .2095238			90,502	89,500	173,817
M8G Corporate Bond I inc (Inst)			95,905	295,000	107,623
Fil inv Svcs Uk, Fid Mb Inc			49,502	52,500	60,405
BHP Billiton Pic USD .50			124,980	5,490	73,381
Intertak Group ORD GBP.01			79,700	2,150	50,867
Experian Ord $.10			83,822	3,150	38,187
Man GLG Underval Ast Prof	D Inc	Nav	105,394	85,826	95,986
Kier Group Ord E .01			13,526	19,921	117,565
Prudential GBP .05			39,998	4,475	70,158
Int' Public Part' ORD GBP .0001			99,050	65,250	99,952
HICL Infrastructure Co Ltd ORD .0001			109,888	68,000	100,143
Bunzl ORD GBP .32142857			106,260	3,850	84,659
First Trust Global US Equity	Inc		120,050	5,150	100,102
Artemis Fd Mngrs Global Inc			164,292	154,919	149,062
Franklin Templeton Funds			110,420	83,273	99,123
Schroder Unit Trust Asian Income		L	90,978	126,305	99,267
Ninety One Fund Emerging	Mks Blended		77,884	102,804	99,452
MLG Scurities Global Divs			78,334	66,211	79,701
Capital Fund Total			2,702,769		2,546,320
SPLIT BETWEEN FUNDS			2022		2021
Capital Fund			2,197,983		2,323,843
Restricted			359,397		379,977
Income			145,389		153,714
			2,702,769		2,857,534

SCHEDULE I.LISTED INVESTMENTS AT MARKET VALUE	2022	2021
Market Value 1 October 2021	2,857,534	2,824,433
Additions at cost	80,000	257,901
Realised investment gains	113,146	191,916
Unrealised investment gains/losses	(163,409)	180,086
Disposals	(184,502)	(596,802)
Market Value 30September 2022	2,702,769	2,857,534
SCHEDULE J.TANGIBLE ASSETS	2022	2021
Libra buildin redevelo ment and refurbishment
At 1stOctober 2021	1,009,106	629,831
Additions in year	54,149	379,275
At 30th September 2022	1,063,255	1,009,106
SCHEDULE K.DEBTORS	2022	2021
Other debtors	17,504	32,277
Prepayments and accrued income	43,043	33,555
	60,547	65,832
SCHEDULE L.CREDITORS	2022	2021
Other creditors	4,623	5,158
Accruals and deferred income	40,700	72,740
	45,323	77,898