2022-02-28-accounts

		Page
Reference and Administrative Details		1
Report of the Trustees	2	to	3
Independent Examiner's Report		4
Statement of Financial Activities		5
Balance Sheet		6
Notes to the Financial Statements	7	to	11
Detailed Statement of Financial Activities		12

				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Charitable activities
War Memorial Tower Fund		6,000		6,000
Property rental					6,000
Investment income	2	34,605	98	34,703	35,866
Total		40,605	98	40,703	41,866
EXPENDITURE ON
Charitable activities
Grants to institutions		55,050		55,050	22,000
Property rental					2,312
Charity management expenses
		4,898		4,898	3,806
Total		59,94		59,948	28,118
Net gains on investments		82,976	218	83,194	150,592
NET INCOME		63,633	316	63,949	164,340
		,
Transfers between funds	10	(175)	175
Net movement in funds		63,458	491	63,949	164,340
RECONCILIATION OF FUNDS
Total funds brought forward		1,521,926	7,549	1,529,475	1,365,135
TOTAL FUNDS CARRIED FORWARD		1,585,384	8,040	1,593,424	1,529,475

				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	5	303,913		303,913	303,913
Investments	6	1,183,117	8,040	1,191,157	1,086,435
		1,487,030	8,040	1,495,070	1,390,348
CURRENT ASSETS
Debtors	7	7,011		7,011	372
Cash at bank	8	97,628		97,628	144,865
		104,639		104,639	145,237
CREDITORS
Amounts falling due within one year	9	(6,285)		(6,285)	(6,110)
NET CURRENT ASSETS		98,354		98,354	139,127
**TOTAL ASSETS LESS CURRENT **	LIABILITIES	1,585,384	8,040	1,593,424	1,529,475
NET ASSETS		1,585,384	8,040	1,593,424	1,529,475
FUNDS	10
Unrestricted funds				1,585,384	1,521,926
Restricted funds				8,040	7,549
TOTAL FUNDS				1,593,424	1,529,475

INVESTMENT INCOME
	2022	2021
CCLA distributions receivable	12,572	12,329
Building society interest	19	45
NAACIF income & accumulation units distributions	22,112	23,487
Solicitors client account interest		5
	34,703	35,866

			Unrestricted	Restricted	Total
			fund	fund	funds
	INCOME AND ENDOWMENTS FROM
	Charitable activities
	Property rental		6,000		6,000
	Investment income		35,763	103	35,866
	Total		41,763	103	41,866
	EXPENDITURE ON
	Charitable activities
	Grants to institutions		22,000		22,000
	Property rental		2,312		2,312
	Charity management expenses
			3,806		3,806
	Total		28,118		28,118
	Net gains on investments		150,446	146	150,592
	NET INCOME		164,091	249	164,340
	Transfers between funds		(175)	175
	Net movement in funds		163,916	424	164,340
		,
	RECONCILIATION OF FUNDS
	Total funds brought forward		1,358,010	7,125	1,365,135
	**TOTAL FUNDS CARRIED **	FORWARD	1,521,926	7,549	1,529,475
5.	TANGIBLE FIXED ASSETS
					War
					Memorial
					Village
	COST
	At 1 March 2021 and 28 February 2022				303,913
	NET BOOK VALUE
	At 28 February 2022				303,913
	At 28 February 2021				303,913

	2022	2021
Other	1,191,157	1,086,435

					2022	2021
	6,554.002 NAACIF accumulation shares				697,843	628,883
	23,012 NAACIF income shares				21,143	19,767
	30 NAACIF accumulation shares				8,040	7,549
	103,671.32 COIF Global Equity Income Units				267,907	249,278
	10,300.04 COIF Investment Fund Income units				196,224	180,958
					1,191,157	1,086,435
7.	**DEBTORS: AMOUNTS FALLING DUE WITHIN **	**ONE **	YEAR
					2022	2021
				•
	Other debtors				6,493
	Prepayments and accrued income				518	372
					7,011	372
8.	CASH AT BANK
					2022	2021
					Total	Total
					funds	funds
	Solicitors client account Monies held for grant	S			57,814	106,333 5,000
	Building society account				39,814	33,532
	Total				97,628	144,865
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2022	2021
	Sundry creditors and accruals				6,285	6,110
10.	MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
		At	1.3.21	in funds	funds	28.2.22
			£	£	£	£
	Unrestricted funds
	General fund	1,521,926		63,633	(175)	1,585,384
	Restricted funds
	Extraordinary repair fund		7,549	316	175	8,040
	TOTAL FUNDS	1,529,475		63,949		1,593,424

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		£	£	£	£
Unrestricted funds
General fund		40,605	(59,948)	82,976	63,633
Restricted funds
Extraordinary repair fund		98		218	316
TOTAL FUNDS		40,703	(59,948)	83,194	63,949
Comparatives for movement in funds
			Net	Transfers
			movement	between	At
		At 1.3.20	in funds	funds	28.2.21
		£	£	£	£
Unrestricted funds
General fund	1,358,010		164,091	(175)	1,521,926
Restricted funds
Extraordinary repair fund	'	7,125	249	175	7,549
TOTAL FUNDS	1,365,135		164,340		1,529,475
Comparative net movement in funds, included in the above are as follows:
		Incoming	Resources	Gains and	Movement
	resources		expended	losses	in funds
		£	£	£	£
Unrestricted funds
General fund		41,763	(28,118)	150,446	164,091
Restricted funds
Extraordinary repair fund		103		146	249
TOTAL FUNDS		41,866	(28,118)	150,592	164,340
A current year 12 months and prior year 12 months combined position is as follows:
			Net	Transfers
			movement	between	At
	At 1.3.20		in funds	funds	28.2.22
		£	£	£	£
Unrestricted funds
General fund	1,358,010		227,724	(350)	1,585,384
Restricted funds
Extraordinary repair fund		7,125	565	350	8,040
TOTAL FUNDS	1,365,135		228,289		1,593,424

A current year 12 months and prior ye as follows:	ar 12 months combined n	et movement in f	unds, included in	the above
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	82,368	(88,066)	233,422	227,724
Restricted funds
Extraordinary repair fund	201		364	565
TOTAL FUNDS	82,569	(88,066)	233,786	228,289

	2022	2021
INCOME AND ENDOWMENTS
Investment income
CCLA distributions receivable	12,572	12,329
Building society interest	19	45
NAACIF income & accumulation units
distributions	22,112	23,487
Solicitors client account interest		5
	34,703	35,866
Charitable activities
Property rental income	6,000	6,000
Total incoming resources	40,703	41,866
EXPENDITURE
Charitable activities
Council tax		953
Service charges		595
Utilities		764
Sundries	142	638
General management charges	3,280	1,728
Grants to institutions	44,000	22,000
Grants to individuals	11,050
	58,472	26,678
Support costs
Governance costs
Accountancy and legal fees	1,476	1,440
Total resources expended	59,948	28,118
Net (expenditure)/income before gains and
losses	(19,245)	13,748
Realised recognised gains and losses
Realised gains/(losses) on investment property		63,481
Net (expenditure)/income	(19,245)	77,229