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|||**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||
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|||||**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|
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|||||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|
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|**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|
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||||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|
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||2022|2021|
|---|---|---|
|Other|1,191,157|1,086,435|
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||||||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|
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|||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|
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|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|
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||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|