2023-03-31-accounts

CONTENTS			PAGE
Trustees annual report
Independent	examiner's	report to the trustees
Statement of	financial activities
Balance sheet
Notes to the financial statements

Captain H Jones	(Co-optative	Trustee)
Mrs G Spencer	(Co-optative	Trustee)
Mr G Moore	(Co-optative	Trustee)
Mr S Ralph	(Co-optative	Trustee)
Cllr J Boyle	(Nominative	Trustee)
Mrs G A Phillips	(Nominative	Trustee)
Mrs H LJones	(Nominative	Trustee)
Independent examiner		Farzana Ahmed		ACCA
		1st Floor, Tudor		House
		16Cathedral	Road
		Cardiff
		CF119LJ

	YE	AR ENDED 31	MARCH 2023
		Unrestricted	Endowment	Total Rumls	Total Funds
		Fun&Is	Funds	2023	2022
	Note	f.		f.	E
INCOME AND ENDOWMENTS
Charitable activities		38,688		38,688	37,066
Investment		2,928		2,928	5,849
TOTAL INCOME		41,616		41,616	42,915
EXPENDITURE
Expenditure on charitable
activities	6/7	(38,310)	(13,441)	(51,751)	(65,312)
TOTAL EXPENDITURE		(38,310)	(13,441)	(51,751)	(65,312)
Net gains/losses on investments	9	(15,652)		(15,652)	12,635
NET INCOME AND NET MOVEMENT
IN FUNDS		(12,346)	(13,441)	(25,787)	(9,762)
RECONCILIATION OF FUNDS
Total funds brought forward		589,866	935,876	1,525,742	1,535,504
TOTAL FUNDS CARRIED FORWARD		577,520	922,435	1,499,955	1,525,742

				2023
						2022
			Note			E
FIXEDASSETS
Tangible assets			14		922,435	935,876
Investments			15		467,897	483,582
					1,390,332	1,419,458
CURRENT ASSETS
Debtors			16	80		1,220
Cash at bank				110,380		109,263
				110,460		110,483
CREDITORS: Amounts	falling due within one	year	17	(837)		(4199)
NET CURRENT ASSETS					109,623	106,284
TOTAL ASSETS LESSCURRENT LIABILITIES					1,499,955	1,525,742
NET ASSETS					1,499,955	1,525,742
FUNDS OF THE CHARITY
Endowment funds			18		922,435	935,876
Unrestricted income funds			18		577,520	589,866
TOTAL CHARITY FUNDS		19			1,499,955	1,525,742

				Unrestricted	Total Funds	Linrestricted	Total Funds
				Funds	2023	Funds	2022
				E	f	E	E
	Weekly maintenance		contributions	38,688	38,688	37,066	37,066
5.	INVESTMENT INCOME
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2023	Funds	2022
				f	E	E	E
	Investment	income		2,928	2,928	5,849	5,849
				2,928	2,928	5,849	5,849

		Unrestricted	Endowment	Total Funds
		Funds	Funds	2023
		f	E	f
Operation	ofAlmshouses	37,558	13,441	50,999
Support costs		752		752
		38,310	13,441	51,751
		Unrestricted	Endowment	Total Funds
		Funds	Funds	2022
		E	E	f
Operation	ofAlmshouses	50,665	13,441	64,106
Support costs		1,206		1,206
		51,871	13,441	65,312

7.	COSTS O	F CHARI	TABLE ACTIVITIES BY	ACTIVITY TYPE
				Activities
				undertaken		Total Funds	Total Funds
				directly	Supportcosts	2023	2022
				f	E	E	E
	Operation	ofAlmshouses		50,999		50,999	64,106
	Governance	costs			752	752	1,206
				50,999	752	51,751	65,312
8.	ANALYSIS OF SUPPORT COSTS
						Total Funds	Total Funds
					Support costs	2023	2022
					6	f	f
	Governance	costs			752	752	1,206
					752	752	1,206
9.	NET LOSSES ON		INVESTMENTS
				Unrestricted	Total Funds	Unrestricted	TotalFunds
				Funds	2023	Funds	2022
				f	6	E	6
	Other gains/(losses)		on investments	(15,652)	(15,652)	12,635	12,635
				(15,652)	(15,652)	12,635	12,635

10. NET INCOME	10. NET INCOME
This is stated after charging:				2023	2022
				E	E
Depreciation				13,441	13,441
11.INDEPENDENT	EXAMINATION	FEES
				2023	2022
Fees payable to	the independent	examiner for independent	examination
ofthe financial statements.				300	300

	Land & Buildings
	f
COST
At 31March 2022	1,250,000
DEPRECIATION
At 1April 2022	314,124
Charge for the year	13,441
At 31March 2023	327,565
NET BOOK VALUE
At 31March 2023	922,435
At 31March 2022	935,876

15. INVESTMENTS
			Other
			investments
COST OR VALUATION
At 1April 2022			483,582
Additions
Net gains/(losses)	on revaluations	in the year ended 31March 2023	(15,652)
At 31March 2023			467,897
IMPAIRMENT
At 1April 2022 and 31March 2023
CARRYING AMOUNT
At 31March 2023			~467 8
At 31March 2022

	2023	2022
	E	E
Trade debtors	80	916
Prepayments		304
	80	1,220

		2023	2022
		E	E
Trade creditors		837	3,754
Accruals and deferred	income		445
		837	4,199

				Balance at				Balance at
			1	April 2022	Income	Expenditure	Transfers	31March 2023
				E	f	f	E	f
Combined		repairs
fund				31,860				31,860
General	Funds			558,006	41,616	(53,962)		545,660
				589,866	41,616	(53,962)		577,520
				Balance at				Balance at
			1	April 2021	Income	Expenditure	Transfers	31March 2022
				E	E	E	f	E
Combined		repairs
fund				46,860			(15,000)	31,860
General	Funds			539,327	55,550	(51,871)	15,000	558,006
				586,187	55,550	(51,871)		589,866

SIS OF CHA	RITABLE FUNDS (contin	ued)
Endowment	Funds:	Balance at		Balance at
		1April 2022	Expenditure	31March 2023
		E	E	f
Permanent	endowments
Capital fund		935,876	(13,441)	922,435
		Balance at		Balance at
		1April 2021	Expenditure	31March 2022
		E	f	E
Permanent	endowments
Capital fund		949,317	(13,441)	935,876

		Tangible fixed			Current
		assets	Investments	Current assets	liabilities	Total	2023
Endowment
Funds:		E					E
Capital fund		922,435				922,435
Unrestricted
Income Funds
Designated	funds			31,860		31,860
General funds			467,897	78,600	(837)	545,660
Total Funds		922,435	467,897	110,461	(837)	1,499,955
		Tangible fixed			Current
		assets	Investments	Current assets	liabilities	Total	2022
Endowment
Funds:		E					E
Capital fund		935,876				935,876
Unrestricted
Income Funds
Designated	funds			31,860			31,860
General funds			483,582	78,623	(4,199)	558,006
Total Funds			~483 582	~4		~15	2