2023-01-05-accounts - Jane Hayes Charity

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					2023	2022
		Unrestricted	Restricted	Endowment	Total	Total
		Fund	Fund	Fund	Funds	Funds
				8
Income and Endowments	from:
Charitable activities:
Contributions from Almspeople		35,096			35,096	25,937
Garden rents		245			245	225
Licence fee		30			30	30
Council tax re earlier years						194
Investments
Dividends and interest		1,902	2,669		4,571	3,576
Bank interest		1			1	1
TOTAL INCOME		37,274	2,669		39,943	29,963
Expenditure on:
Charitable activities:
Water rates and council tax		6,882			6,882	5,567
Insurance		1,178			1,178	1,108
General repairs			4,182		4,182	2,748
Major repairs	3		11,982		11,982
Gas and electricity		23,933			23,933	12,698
Rent collection expenses
Expenses re allotments
Void rents						1,086
Other;
Secretary's expenses		710			710	839
Accountancy and professional
fees	4	300			300	300
Subscriptions		196			196	187
Sundry expenses		130			130	130
TOTAL EXPENSES		33,329	16,164		49,493	24,663
Net gains/(losses) on
investments		459	836		1,295	5,495
Net income/(expenditure)		4,404	(12,659)		(8,255)	10,795
Transfers between funds
Net movement in funds		4,404	(12,659)		(8,255)	10,795
Reconciliation offunds:
Funds brought forward at
6 January 2022		96,524	37,740	11,050	145,314	134,519
Funds carried forward at
5 January 2023		100,928	25,081	11,050	137,059	145,314

AS AT 5J	ANUARY		2023
					2022		2021
				Note
Fixed Assets
Tangible	assets				11,050			11,050
Investments					118,217			120,700
	Total fixed assets				129,267			131,750
Current Assets
Debtors and prepayments					546	497
Cash at bank and in		hand			13,319	18,816
					13,865	19,313
Current Liabilities
Creditors:	amounts	falling due within one
				year;
	Creditors	and accruals		7	6,073	5,749
Net current	assets/(liabilities)				7,792			13,564
Total net assets/fiiabilities)					137,059			143,314
The funds	ofthe charity:
	Endowment		fund		11,050			11,050
	Restricted		fund		25,081			37,740
	Unrestricted		fund		100,928			96,524
			Total charity funds		137,059			145,314
The accounts on pages			4 to 10were approved		by the Trustees and authorised	for issue on
			za	and signed	on their behalf by;

			2023	2022
Cash flosvs from operating activities:
Cash received from rents and other income			34,353	26,947
Refunds received from suppliers
Payments to suppliers			34,353 (49,200)	26,947 ~24,499)
Net cash provided by/(used in)	operating	activities	(13,847)	2,448
Cash flows from investing activities:
Dividends and interest from investments			348	328
Purchases ofinvestments				(5,000)
Proceeds from sales ofinvestments			8,000
Net cash provided by/(used in)	investing	activities	8,348	(4,672)
Change in cash and cash equivalents in the	year		(5,497)	(559)
Cash and cash equivalents at 6 January 2022			18,816	19,375
Cash and cash equivalents at 5January	2023		13,319	18,816
RECONCILIATION OF CASH FLOWS FROM		OPERATING ACTIVITIES
Net income/(expenditure) for the year			(8,255)	10,795
Adjustments for:
(Gains)/losses on investments			(1,295)	(5,495)
Dividends received from investments			(4,222)	(3,247)
Purchase ofinvestments				(5,000)
Sales ofinvestments			8,000
(Increase)/decrease in debtors			(49)	(21)
Increase/(decrease) in creditors			324	2,409
			(5,497)	(559)
			0.00
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand - current account			9,146	12,642
Cash in hand - instant access deposit account			4,175	6,174
			13,321	18,816

Accountancy	and professional	fees		2023	2022
	Accountancy fees			150	150
	Independent examiners		fee	150	150
	Land registry fee
				300	300
Allocated between funds:
	Unrestricted funds			300	300
	Restricted fund
				300	300
				2023	2022
IQuoted investments
Market value at 6 January 2022				120,700	106,957
Reinvestment ofdividend income				4,222	3,247
Additions					5,000
Disposals				(8,000)
Net realised	investment gain			7,023
Net unrealised investment gain/(loss)				(5,728)	5,496
Market value at 5January 2023				118,217	120,700
Historical	cost at 5January	2023		22,126	22,126

		2023	2022
amounts falling due within one year		8
Repairs to almshouses		120	145
Owed to tenant			105
Independent exanuners	fee	150	150
Major repairs		1,600
Accountancy fees		150	150
Light and heat accrual		2,133	2,261
Rents received in advance		1,920	2,938
		6,073	5,749

		Unrestricted	Restricted	Endowment	Total
		Fund	Fund	Fund	Funds
				f.
Opening at
6January	2022	96,524	37,740	11,050	145,314
Income		37,274	2,669		39,943
Expenditure		(33,329)	(16,164)		(49,493)
Transfers
Gains/(losses)		459	836		1,295
At 5January	2023	100,928	25,081	11,050	137,059