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|Trustees/Directors|Trustees/Directors|Trustees/Directors|Trustees/Directors|Mr G Foster (Chairman)||
|---|---|---|---|---|---|
|||||Mr M Pitchford<br>(Vice Chairman)||
|||||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<br>M Smith||
|||||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,<br>Shropshire||
|||||TF107AT||
|||||Tempertons||
|||||23-25 High Street||
|||||Newport,<br>Shropshire||
|||||TF107AT||





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||||Page|
|---|---|---|---|
|Trustees<br>report|||1-4|
|Independent<br>examiner's||report||
|Statement<br>offinancial|activities|||
|Balance sheet|||7-8|
|Notes to the financial|statements||9-15|





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|||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<br>e diture||||||||
|Raising funds||39,989||39,989|57,068||57,068|
|Charitable<br>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<br>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|





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|||||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<br>funds|||13||25,000||25,000|
|lrrcome funds||||||||
|General<br>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|





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|||||||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|





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|||2022|2021|
|---|---|---|---|
|||F|E|
||Grants to institutions:|||
||Royal Naval Association||1,000|
||First Responders||500|
||Carnival||500|
||Newport<br>Junior Hockey||300|
||The Cottage Care Hospital|1,000|3,000|
||St Georges Day Grant|300||
|||1,300|5,300|
|6|Accountants<br>remmuneration|||
||Fees payable|2022|2021|
|||E|E|
||Non-audit<br>services|||
||All other non-audit<br>services|2,340|1,950|
|7|Trustees<br>remuneration|||





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|8|Tangible fixed assets|||||
|---|---|---|---|---|---|
|||Freehold<br>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<br>and impairment|||||
||At 1 January 2022|||484|484|
||At 31 December 2022|||484|484|
||Carrying<br>amount|||||
||At 31 December 2022|700,000|37,080||737,080|
||At 31 December 2021|700,000|37,080||737,080|



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||Listed|
|---|---|
||investments|
||E|
|Cost or valuation||
|At 1 January 2022 &31 December 2022|480,898|
|Additions|93,289|
|Valuation<br>changes|(52,363)|
|Disposals|(83,465)|
|At 31 December 2022|438,359|
|Carrying<br>amount||
|At 31 December 2022|438,359|
|At 31 December 2021|480,898|





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|9|Fixed asset|Fixed asset|investments|investments||(Continued)|
|---|---|---|---|---|---|---|
||Listed investments|||included<br>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<br>income||2,357|1,967|
||||||3,113|2,723|





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|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<br>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|



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|||2022|2021|
|---|---|---|---|
||||f|
|INCOME AND ENDOWMENTS||||
|Rents received||56,585|53,803|
|Quoted investments||9,428|7,569|
|Interest received||746|959|
|Total incoming<br>resources||66,759|62,331|
|EXPENDITURE||||
|Support costs||||
|Management||||
|Property<br>management|costs|5,824|5,597|
|Investment<br>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|