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2023-03-31-accounts

Page
Reference and administrative details ofthe charity, its governors and advisers
Chairman's
statement
Governors'
report
3-7
Independent
examiner's
report
Statement offinancial activities
Balance sheet 10
Notes to the financial statements 11-19
Governors Mr M R Copestake, Chairman Chairman
Ms M Howarth
Mr M BHawley
Mrs L Pye (resigned 1 April 2022)
Mr G M Beeley
Reverend
M Pop, ex-officio governor
Reverend
Dr C Phillips,
ex-officio governor (resigned 9 May 2022)
Mr P Cordin
Charity registered
number 219033
Accountant Jonathan
Wilson
Chartered
Accountant
Cromwell
House
68West Gate
Mansfield
Nottinghamshire
NG18 1RR
Bankers HSBC PLC
1 Leeming Street
Mansfield
Nottinghamshire
NG18 1LU
Solicitors Shacklocks
LLP
St Peter's House
Bridge Street
Mansfield
Nottinghamshire
NG18 1AL
Investment advisers Shacklocks
LLP
St Peter's House
Bridge House
Mansfield
Nottinghamshire
NG18 1AL
Clerk to the governors Marion Vesey
St Peter's House
Bridge Street
Mansfield
Nottinghamshire
NG18 1AL

Unrestricted Total Total
funds funds funds
2023 2023 2022
Note F
Income from:
Charitable
activities
26,208 26,208 26,008
Investments 20,864 20,864 19,268
Total income 47,072 47,072 45,276
Expenditure
on:
Charitable
activities
54,040 54,040 43,633
Total expenditure 54,040 54,040 43,633
Net (expenditure)/income before net (losses)/gains
on investments (6,968) (6,968) 1,643
Net (losses)/gains on investments (22,797) (22,797) 62,076
Net movement
in
funds (29,765) (29,765) 63,719
Reconciliation
of
funds:
Total funds brought forward 857,180 857,180 793,461
Net movement
in funds
(29,765) (29,765) 63,719
Total funds carried forward 827,415 827,415 857,180

Note 2023f 2022
E
Fixed assets
Tangible assets 72,562 72,562
Investments 742,245 783,181
814,807 855,743
Current assets
Debtors 10 641 498
Cash at bank and in hand 19,024 10,914
19,665 11,412
Creditors: amounts falling due within one
year (7,057) (9,975)
Net current assets 12,608 1,437
Total net assets 827,415 857,180
Charity funds
Restricted
funds
12
Unrestricted
funds
12 827,415 857,180
827,415 857,180

Unrestricted Total Total
funds funds funds
2023 2023 2022
E
Residents' contributions to maintenance 14,803 14,803 17,688
Residents' contributions to heating 11,405 11,405 8,320
26,208 26,208 26,008
Total 2022 26,008 26,008

Unrestricted Total Total
funds funds funds
2023f 2023 2022
F
Investment income 20,829 20,829 19,267
Bank deposit interest 35 35 1
20,864 20,864 19,268
Total 2022 19,268 19,268

Unrestricted
funds Total Total
2023f 2023 2022
F
Rates and water 3,836 3,836 3,481
Heating - see below 5,088 5,088 7,955
Repairs and decorating 16,922 16,922 9,278
Insurance 1,931 1,931 1,786
Garden expenses 5,340 5,340 6,730
Independent
examination
1,794 1,794 1,794
Legal fees 18,328 18,328 12,183
Subscriptions 96 96 322
Sundry expenses 105 105 104
Property valuation 600 600
54,040 54,040 43,633
Total 2022 43,633 43,633

Freehold
property
Cost or valuation
At 1 April 2022 72,562
At 31 March 2023 72,562
Net book value
At 31 March 2023 72,562
At 31 March 2022 72,562

Listed
investmentsf
Cost or valuation
At 1 April 2022 783,181
Additions 9,861
Disposals (29,058)
Revaluations (21,739)
At 31 March 2023 742,245
Net book value
At 31 March 2023 742,245
At 31 March 2022 783,181
10. Debtors
2023 2022f
Prepayments and accrued income 641 498
11. Creditors: Amounts falling due within one year
2023f 2022f
Accruals and deferred income 7,057 9,975

Stateme nt of funds - current year
Balance at
Balance at 1 Transfers Gains/ 31 March
April 2022
f
Income
f
Expenditure in/outf (Losses) 2023f
Unrestricted
funds
Designated
funds
Designated
Fund 51,701 (991) 50,710
General funds
General Fund 805,479 47,072 (54,040) 991 (22,797) 776,705
Total
Unrestricted
funds 857,180 47,072 (54,040) (22,797) 827,415
Statement of funds - prior year
Balance at
Balance at Transfers Gains/ 31 March
1 April 2021 Income Expenditure in/out (Losses) 2022
F F F
Unrestricted
funds
Designated
funds
Designated
Fund 39,779 11,922 51,701
General funds
General Fund 753,682 45,276 (43,633) 50,154 805,479
Total
Unrestricted
funds 793,461 45,276 (43,633) 62,076 857,180

Analysis of net assets between
funds - current ye
ar
Unrestricted Total
funds funds
2023f 2023f
Tangible fixed assets 72,562 72,562
Fixed asset investments 742,245 742,245
Current assets 19,665 19,665
Creditors due within one year (7,057) (7,057)
827,415 827,415

Analysis of net assets between
funds - prior year
Unrestricted Total
funds funds
2022 2022
F F
Tangible fixed assets 72,562 72,562
Fixed asset investments 783,181 783,181
Current assets 11,412 11,412
Creditors due within one year (9,975) (9,975)
857,180 857,180