2022-03-31-accounts

Trustees	Mrs RCrowther
	Countess De La Warr
	C JRolley
Registered Charity Number	220488
Homes England No.	A0809
Principal Address	Sackville College
	High Street
	East Grinstead
	West Sussex
	RH19 3BX
Primary Bankers	Lloyds TSBBank	Pic
	London Road
	East Grinstead
	West Sussex
	CCLA Investment	Management	Limited
	COIF Charity Funds
	80 Cheapside
	London
	EC2V 6DZ
Auditors	Darren Harding
	For Richard Place	Dobson Services Ltd T/A
	Alexandra Durrant
	10A/12A High Street
	East Grinstead
	West Sussex
	RH19 3AW

				2022		2021
			Note
Turnover					73,789	226,220
Operating	Expenditure
General Management				21,541		16,071
Property Management			4	63,475		61,961
Repairs and	Maintenance			35,152		20,000
					120,168	98,032
Operating	(Deficit)/Surplus				(46,379)	128,188
Interest Receivable &Investment		Income	5		16,370	11,874
					(30,009)	140,062
Movement	in Fair Value ofInvestments				21,040	54,415
(Deficit)/Surplus for the Year					(8,969)	194,477

	Income &	Extraordinary	Extraordinary	Total
	Expenditure	Repairs Reserve	Repairs Reserve
	Reserve	(designated)	(restricted)
Brought forward 31 March 2020	23,578	272,008		295,586
Surplus for the year	130,889	798	8,375	140,062
Transfer between funds	(15,000)	15,000
Revaluation ofinvestments		54,415		54,415
At 31 March 2021	139,467	342,221	8,375	490,063
(Deficit)/Surplus for the year	(28,740)	(1,818)	549	(30,009)
Transfer between funds	(15,000)	15,000
Revaluation ofinvestments		21,040		21,040
At 31March 2022	95,727	376,443	8,924	481,094

	Balance She	et for the	Year Ende	d 31March 2	022
				2022		2021
			Note
Fixed Assets
Tangible Fixed Assets					5,797	7,533
Investments					309,108	287,385
Current Assets
Trade and other debtors			10	7,137		4,802
Cash and cash equivalents				164,620		200,101
				171,757		204,903
Creditors: amounts	falling due within	one year	11	(5,568)		(9,758)
Net Current Assets					166,189	195,145
Total Net Assets					481,094	490,063
Reserves;
Income dc Expenditure	Reserve		12		95,727	139,467
Extraordinary Repairs	Reserve (designated)		12		376,443	342,221
Extraordinary Repairs	Reserve (restricted)		12		8,924	8,375
Total Reserves					481,094	490,063

				2022	2021
Cash flows from operating activities
Operating (deflicit)/surplus	for the year			(46,379)	128,188
Adjustments for:
Depreciation oftangible fixed assets				1,779	2,331
Decrease/(increase)	in trade aud other debtors			(2335)	(1,127)
Increase/(decrease)	in trade and other creditors			(4,190)	2,626
Net cash (expended)/generated from operating			activities	(51,125)	132,018
Cash flows from investing	activities
Purchase oftangible fixed	assets			(518)	(5,232)
Interest received				55	63
Investment income				15,633	11,357
Loss on disposal offixed assets				475	0
				15,645	6,188
Net change in cash and cash equivalents				(35,480)	138,206
Cash and cash equivalents	at beginning	ofthe	year	200,101	61,895
Cash and cash equivalents	at end ofthe	year		164,621	200,101

No material estimate 3)Turnover	s have	been	made in the course ofpreparing th	ese financial statem	ents.
				2022	2021
Weekly maintenance	contributions		receivable	66,634	76,898
Special events				1,149	10
Donations and legacies				3,733	147,823
Sundry income				373	244
Visitors fees and booklets				1,080	1,245
Wedding fees
Insurance claim				820
				73,789	226,220
4) Property Management		Expenses		2022	2021
Included in property	management		expenses were staff costs:
Wages and salaries				27,074	27,411
				27,074	27,411

5)Interest Receivabl		e and O	ther Incom	e
							2022	2021
Income from investments							16,315	11,811
Bank deposit interest							55	63
							16,370	11,874
6) (Deficit)/Surplus	for the year
							2022	2021
This is stated after charging:
Depreciation, owned	tangible fixed assets						1,779	2,331
Auditor's remuneration		(net of	VAT)				1,800	1,500
Auditor's remuneration		for bookkeeping,		payroll &financial		reporting
services (net ofVAT)							4,510	2,980
7)Taxation
Sackville College is a		registered	charity, registered		with the Homes and		Communities	Agency and is
therefore exempt from		liability	to taxation	on its income and		capital gains.
8) Tangible Fixed Assets								Equipment
Cost
At I April 2021								61,752
Additions								518
Disposals								(15,946)
At 31 March 2022								46,324
Depreciation
At I April 2021								54,219
Charge for year								1,779
Eliminated on disposal								(15,471)
At 31 March 2022								40,527
Net BookValue
At 31 March 2022								5,797
At 31 March 2021								7,533
9)Fixed Asset Investments
Quoted investments				Extraordinary
				Repairs Reserve			Total	Total
				(designated)			2022	2021
								K
Cost at I April 2021					112,649		112,649	112,195
Accumulated income					682		682	454
At 31 March 2022					113,331		113,331	112,649
Market Value					309,108		309,108	287,385

Market value at	I	April 2021	April 2021	April 2021	April 2021			287,385
Accumulated income								682
Revaluation								21,041
Market value at	31		March 2022					309,108
10)Debtors
								2022	2021
Other debtors								512	311
Prepayments and		accrued income						6,625	4,491
								7,137	4,802
11)Creditors, amounts					falling	due within one year
								2022	2022
Trade creditors								300	1,827
Tax and social security								292	281
Accruals &deferred				income				4,923	7,569
Sundry creditors								53	81
								5,568	9,758
12)Reconciliation			ofMovement			on Funds
					Extraordinary		Income di	Extraordinary
					Repairs Reserve		Expenditure	Repairs Reserve
					(designated)		Reserve	(restricted)	Total
Brought forward	2021					342,221	139,467	8,375	490,063
Surplus/(Deficit)	for			the	year	19,222	(28,740)	549	(8,969)
Transfer between		funds				15,000	(15,000)
At 31March 2022						376,443	95,727	8,924	481,094

14)Analysis ofNet A	ssets between Funds
	Extraordinary	Income dk	Extraordinary
	Repairs Reserve	Expenditure	Repairs Reserve
	(designated)	Reserve	(restricted)	Total
Fixed Assets		5,797		5,797
Investments	309,108			309,108
Current Assets	67,335	95,498	8,924	171,757
Current Liabilities		(5,568)		(5,568)
At 31 March 2022	376,443	95,727	8,924	481,094