| Trustees/Directors | Trustees/Directors | Trustees/Directors | Trustees/Directors | Mr G Foster (Chairman) | |
|---|---|---|---|---|---|
| Mr M Pitchford (Vice Chairman) |
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| Mr G Davies | |||||
| Mrs EAllan | |||||
| Mr D Wassell | |||||
| Mr E Davies | |||||
| Mr C M Ingram | |||||
| Mr A Rumbles | |||||
| Ms E Fundell | |||||
| Ex Officio | Trustees | Mr G Hickey | |||
| Mrs SSyrda - appointed | 08.05.2022 | ||||
| Rev'd M Smith |
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| Mr TJanke - resigned 08.05.2022 | |||||
| Secretary | Mrs A Stokes | ||||
| Charity number | 215056 | ||||
| Company | number | 00325195 | |||
| Registered | office | Abbey Court | |||
| High Street | |||||
| Newport | |||||
| Shropshire | |||||
| TF107BW | |||||
| Independent | Examiner | Mr A M Bridge FCA | |||
| Dains Audit Limited | |||||
| Suite 2Albion House | |||||
| Etruria Office Village | |||||
| Stoke-on-Trent | |||||
| Staffordshire | |||||
| ST1 5RQ | |||||
| Bankers | Barclays Bank Pic | ||||
| 23 Church Street | |||||
| Telford, Shropshire | |||||
| TF1 1DQ | |||||
| Investment | Manager | Barclays Wealth | |||
| 1 Colmore Square | |||||
| Birmingham | |||||
| B46ES | |||||
| Property | Mangers | Davies, White 8 Perry | |||
| 45-47 High Street | |||||
| Newport, Shropshire |
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| TF107AT | |||||
| Tempertons | |||||
| 23-25 High Street | |||||
| Newport, Shropshire |
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| TF107AT |
| Page | |||
|---|---|---|---|
| Trustees report |
1-4 | ||
| Independent examiner's |
report | ||
| Statement offinancial |
activities | ||
| Balance sheet | 7-8 | ||
| Notes to the financial | statements | 9-15 |
| Unrestricted | Endowment | Total | Unrestricted | Endowment | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||
| Notes | E | E | E | f. | E | ||
| Investments | 66,759 | 66,759 | 62,331 | 62,331 | |||
| E e diture |
|||||||
| Raising funds | 39,989 | 39,989 | 57,068 | 57,068 | |||
| Charitable activities |
4 | 1,300 | 1,300 | 5,300 | 5,300 | ||
| Total expenditure | 41,289 | 41,289 | 62,368 | 62,368 | |||
| Net gains/(losses) | on | ||||||
| investments | (52,363) | (52,363) | 32,343 | 32,343 | |||
| Net income for the year/ | |||||||
| Net movement in |
funds | (26,893) | (26,893) | 32,305 | 32,305 | ||
| Fund balances at 1 January | |||||||
| 2022 | 1,262,465 | 25,000 | 1,287,465 | 1,230,160 | 25,000 | 1,255,160 | |
| Fund balances at | 31 | ||||||
| December 2022 | 1,235,572 | 25,000 | 1,260,572 | 1,262,465 | 25,000 | 1,287,465 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | E | F | |||||
| Fixed assets | |||||||
| Tangible assets | 737,080 | 737,080 | |||||
| Investments | 438,359 | 480,898 | |||||
| 1,175,439 | 1,217,978 | ||||||
| Current assets | |||||||
| Debtors | 10 | 5,217 | 4,817 | ||||
| Investments | 11 | 17,203 | 22,555 | ||||
| Cash at bank and | in | hand | 65,826 | 44,838 | |||
| 88,246 | 72,210 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | |||||||
| Other creditors | 12 | 3,113 | 2,723 | ||||
| Net current assets | 85,133 | 69,487 | |||||
| Total assets less | current liabilities | 1,260,572 | 1,287,465 | ||||
| Capital funds | |||||||
| Endowment funds |
13 | 25,000 | 25,000 | ||||
| lrrcome funds | |||||||
| General unrestricted |
funds | 13 | 569,612 | 596,505 | |||
| Fair Value reserve | 13 | 665,960 | 665,960 | ||||
| 1,235,572 | 1,262,465 | ||||||
| 1,260,572 | 1,287,465 |
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2022 | 2021 | ||||||
| f. | E | ||||||
| Rental income | 56,585 | 53,803 | |||||
| Dividend | income | 9,428 | 7,569 | ||||
| Interest | receivable | 746 | 959 | ||||
| 66,759 | 62,331 | ||||||
| 3 | Raising | funds | |||||
| Unrestricted | Unrestricted | ||||||
| funds | funds | ||||||
| 2022 | 2021 | ||||||
| E | E | ||||||
| ~rodin | costs | ||||||
| Other trading | activities | 34,325 | 51,289 | ||||
| ves ment | mana | emen | 5,664 | 5,779 | |||
| 39,989 | 57,068 | ||||||
| 4 | Charitable | activities | |||||
| 2022 | 2021 | ||||||
| E | |||||||
| Grant funding | of activities (see note 5) | 1,300 | 5,300 |
| 2022 | 2021 | ||
|---|---|---|---|
| F | E | ||
| Grants to institutions: | |||
| Royal Naval Association | 1,000 | ||
| First Responders | 500 | ||
| Carnival | 500 | ||
| Newport Junior Hockey |
300 | ||
| The Cottage Care Hospital | 1,000 | 3,000 | |
| St Georges Day Grant | 300 | ||
| 1,300 | 5,300 | ||
| 6 | Accountants remmuneration |
||
| Fees payable | 2022 | 2021 | |
| E | E | ||
| Non-audit services |
|||
| All other non-audit services |
2,340 | 1,950 | |
| 7 | Trustees remuneration |
| 8 | Tangible fixed assets | ||||
|---|---|---|---|---|---|
| Freehold land |
Leasehold | Computers | Total | ||
| and buildings | land and | ||||
| buildings | |||||
| Cost | |||||
| At 1 January 2022 | 700,000 | 37,080 | 484 | 737,564 | |
| At 31 December 2022 | 700,000 | 37,080 | 484 | 737,564 | |
| Depreciation and impairment |
|||||
| At 1 January 2022 | 484 | 484 | |||
| At 31 December 2022 | 484 | 484 | |||
| Carrying amount |
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| At 31 December 2022 | 700,000 | 37,080 | 737,080 | ||
| At 31 December 2021 | 700,000 | 37,080 | 737,080 |
| Listed | |
|---|---|
| investments | |
| E | |
| Cost or valuation | |
| At 1 January 2022 &31 December 2022 | 480,898 |
| Additions | 93,289 |
| Valuation changes |
(52,363) |
| Disposals | (83,465) |
| At 31 December 2022 | 438,359 |
| Carrying amount |
|
| At 31 December 2022 | 438,359 |
| At 31 December 2021 | 480,898 |
| 9 | Fixed asset | Fixed asset | investments | investments | (Continued) | |
|---|---|---|---|---|---|---|
| Listed investments | included above: |
2022 | 2021 | |||
| E | E | |||||
| Bonds | 129,113 | 126,839 | ||||
| Equities | 199,949 | 242,420 | ||||
| Alternative | 109,297 | 111,639 | ||||
| 10 | Debtors | |||||
| 2022 | 2021 | |||||
| Amounts | falling due within one year: | E | E | |||
| Prepayments | and accrued income | 5,217 | 4,817 | |||
| 11 | Current | asset investments | ||||
| 2022 | 2021 | |||||
| E | E | |||||
| Unlisted | investments | 17,203 | 22,555 | |||
| 12 | Other creditors falling due within one year | |||||
| 2022 | 2021 | |||||
| E | E | |||||
| Other creditors | 756 | 756 | ||||
| Accruals | and | deferred income |
2,357 | 1,967 | ||
| 3,113 | 2,723 |
| 14 | Analysis | of net assets | between | funds | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Unrestricted | Endowment | Total | ||||
| funds | funds | funds | funds | ||||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||||
| f, | E | F | f | ||||||
| Fund balances at 31 | |||||||||
| December 2022 are | |||||||||
| represented by: |
|||||||||
| Tangible | assets | 737,080 | 737,080 | 737,080 | 737,080 | ||||
| Investments | 438,359 | 438,359 | 480,898 | 480,898 | |||||
| Current | assets/(liabilities) | 60,133 | 25,000 | 85,133 | 44,487 | 25,000 | 69,487 | ||
| 1,235,572 | 25,000 | 1,260,572 | 1,262,465 | 25,000 | 1,287,465 |
| 2022 | 2021 | ||
|---|---|---|---|
| f | |||
| INCOME AND ENDOWMENTS | |||
| Rents received | 56,585 | 53,803 | |
| Quoted investments | 9,428 | 7,569 | |
| Interest received | 746 | 959 | |
| Total incoming resources |
66,759 | 62,331 | |
| EXPENDITURE | |||
| Support costs | |||
| Management | |||
| Property management |
costs | 5,824 | 5,597 |
| Investment management |
costs | 5,664 | 5,779 |
| Rates and water | 1,218 | 540 | |
| Accountancy | 1,966 | 1,912 | |
| Repairs and maintenance | 13,599 | 33,594 | |
| Grants and donations | 1,300 | 5,300 | |
| Secretary fees | 2,750 | 2,000 | |
| Heat and light | 1,941 | 642 | |
| Insurance | 7,027 | 7,005 | |
| Total resources expended | 41,289 | 62,369 | |
| Net income/(expenditure) | before gains and losses | 25,470 | (38) |
| Realised (losses)/gains | on fixed asset investments | (52,363) | 29,151 |
| Net income | (26,893) | 29,113 |