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## 

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|Trustees|||Mrs R Crovvther|||
|---|---|---|---|---|---|
||||Countess De La Warr|||
||||CIRolley|||
||||Mrs A Durrant FCA from 5 September 2022|||
|Registered|Charity Number||220488|||
|Homes England||No.|A0809|||
|Principal|Address||Sackville College|||
||||High Street|||
||||East Grinstead|||
||||West Sussex|||
||||RH19 3BX|||
|Primary Bankers|||Lloyds TSBBank|Plc||
||||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<br>Durrant|||
||||10A/12A High Street|||
||||East Grinstead|||
||||West Sussex|||
||||RH19 3AW|||





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|||||2023||2022|
|---|---|---|---|---|---|---|
||||Note||||
|Turnover|||||89,029|73,789|
|-Operating|Expenditure||||||
|General Management||||15,091||21,541|
|Property Management|||4|67,644||63,475|
|Repairs and|Maintenance|||55,132||35,152|
||||||137,867|120,168|
|Operating|Surplus/Deficit||||(48,838)|(46,379)|
|Interest Receivable &Investment||Income|5||17,437|16,370|
||||||(31,401)|(30,009)|
|Movement|in Fair Value ofInvestments||||(15,934)|21,040|
|Surplus/(Deficit)<br>for the Year|||||47,335|(8,969|





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|||Income 8c|Extraordinary|Extraordinary|Total|
|---|---|---|---|---|---|
|||Expenditure|Repairs Reserve|Repairs Reserve||
|||Reserve|(designated)|(restricted)||
|Brought forward|31March 2021|139,467|342,221|8,375|490,063|
|Surplus/(deficit)|for the year|(28,740)|(1,818)|549|(30,009)|
|Transfer between|funds|(15,000)|15,000|||
|Revaluation<br>ofinvestments|||21,040||21,040|
|At 31 March 2022||95,727|376,443|8,924|481,094|
|Surplus/(deficit)|for the year|(31,401)|||(31,401)|
|Transfer between|funds|(15,000)|15,000|||
|Revaluation<br>ofinvestments|||(15,934)||(15,934)|
|At 31March 2023||49,326|375,509|8,924|433,759|





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|||||2023||2022||
|---|---|---|---|---|---|---|---|
||||Note|||||
|Fixed Assets||||||||
|Tangible<br>I'ixed Assets|||||5,733||5,797|
|Ilivcstliieiits|||||293,875||309,108|
|Current<br>Assets||||||||
|Trade and other debtors|||10|7,364||7,137||
|Cash and cash equivalents||||135,714||164,620||
|||||143,078||171,757||
|Creditors: amounts|falling duc within|one year|11|8,927||5,568||
|Net Cnrrcut<br>Assets|||||134,151||166,189|
|Tots I Net Assets|||||433,759||481,094|
|Reserves;||||||||
|Income P. Expenditure|Reserve||12||49,326||95,727|
|Extraordinaiy<br>Repairs|Rcscrve (designated)||12||375,509||376,443|
|Extraordinary<br>I&cpairs|Reserve (restdctcd)||12||8,924||8,924|
|TotalReserves|||||433,759||481,094|



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|||||2023|2022|
|---|---|---|---|---|---|
|Cash flows from operating<br>activities||||||
|Operating<br>surplus/(deficit)|for the year|||(48,838)|(46,379)|
|Adjustments<br>for:||||||
|Depreciation oftangible fixed assets||||1,644|1,779|
|Decrease/(increase)|in trade and other debtors|||(227)|(2,335)|
|Increase/(decrease)|in hade and other creditors|||3,359|(4,190)|
|Net cash generated/(expended)<br>from operating|||activities|~4'|,062|~51,125i|
|Cash flows from investing|activities|||||
|Purchase oftangible fixed|assets|||(1,580)|(518)|
|Interest received||||2,197|55|
|Investment<br>income||||14,539|15,632|
|Loss on disposal offixed assets||||0|475|
|||||15,156|15,644|
|Net change in cash and cash equivalents||||(28,906)|(35,481)|
|Cash and cash equivalents|at beginning|ofthe|year|164,620|200,101|
|Cash and cash equivalents|at end ofthe year|||135,714|164,620|





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|which has not been r|ecognis|ed<br>in the balance sheet as noted unde|ed<br>in the balance sheet as noted unde|r (d) above,||
|---|---|---|---|---|---|
|No material<br>estimates|have|been made in the course ofpreparing||these financial<br>statements.||
|3) Turnover||||||
|||||2023|2022|
|Weekly maintenance|contributions||receivable|68,280|66,634|
|Special events||||7,304|1,149|
|Donations<br>and legacies||||12,907|3,733|
|Sundry income||||22|373|
|Visitors fees and booklets||||516|1,080|
|Insurance<br>claim||||0|820|
|||||89,929|73,789|
|4)Property Management||Expenses||2023|2022|
|Included<br>in property|management||expenses were staff costs:|||
|Wages and salaries||||29,381|27,074|
|||||29,381|27,074|





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|5)Interest R|eceivab|le|and Other Incom|e|||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Income from|investments||||15,240|16,315|
|Bank deposit|interest||||2,197|55|
||||||17,437|16,370|
|6) Surplus/(deficit)||for|the year||||
||||||2023|2022|
|This is stated|after charging;||||||
|Depreciation,|owned|tangible fixed assets|||1,644|1,779|
|Auditor's<br>remuneration|||(net ofVAT)||1,250|1,800|
|Auditor's<br>remuneration|||for bookkeeping,|payroll & financial repoiting|||
|services|(net of|VAT)|||3,035|4,510|
|7) Taxation|||||||



|therefore exempt from liability to tax|ation on its income and capital|gains.||
|---|---|---|---|
|8) Tangible Fixed Assets|||Equipment|
|Cost||||
|At I April 2022|||46,324|
|Additions|||1,580|
|Disposals|||(37,182)|
|At 31March 2023|||10,722|
|Depreciation||||
|At I April 2022|||40,527|
|Charge for year|||1,644|
|Eliminated<br>on disposal|||(37,182)|
|At 31 March 2023|||4,989|
|Net BookValue||||
|At 31 March 2023|||5,733|
|At 31March 2022|||5,797|
|9) Fixed Asset Investments||||
|Quoted<br>investments|Extraordinary|||
||Repairs Reserve|Total|Total|
||(designated)|2023|2022|
|Cost at I April 2022|113,331|113,331|112,649|
|Accumulated<br>income|701|701|682|
|At 31 March 2023|444,032|114,032|113,331|
|Market Value|293,875|293,875|309,108|





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|Notes to the Fina|Notes to the Fina|ncial Statements|ncial Statements|for the Year End|ed 31March 2023 (co|ntinued)|
|---|---|---|---|---|---|---|
|9) Fixed Asset Investments||(continued)|||||
|Market value at I April 2022|||||309,108||
|Accumulated<br>income|||||701||
|Revaluation|||||~75,9347||
|Market value at 31 March 2023|||||293,875||
|10)Debtors|||||||
||||||2023|2022|
|Other debtors|||||541|512|
|Prepayments<br>and accrued income|||||6,823|6,625|
||||||7,364|7,137|
|11)Creditors, amounts|falling||due svithin one year||||
||||||2023|2022|
|Trade creditors|||||4,022|300|
|Tax and social security|||||540|292|
|Accruals &deferred<br>income|||||4,255|4,922|
|Sundry creditors|||||110|53|
||||||8,927|5,567|
|12) Reconciliation<br>ofMovement|||on Funds||||
|||Extraordinary||Income &|Extraordinary||
|||Repairs Reserve||Expenditure|Repairs Reserve||
|||(designated)||Reserve|(restricted)|Total|
|||||||f.|
|Brought forward 2022|||376,443|95,727|8,924|481,094|
|Surplus/(Deficit)<br>for the <br>Transfer between<br>funds|year||(15,934)<br>15,000|(31,401)<br>~35,000||(47,335)|
|At 31 March 2023|||375,509|49,326|8,924|433,759|



|Purlin repair|16,997|
|---|---|
|Roofrepair|2,390|
|Electrical works and repairs to Flats|9,990|
||29,377|



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|14)Analysis ofNet As|sets between Funds||||
|---|---|---|---|---|
||Extraordinary|Income &|Extraordinary||
||Repairs Reserve|Expenditure|Repairs Reserve||
||(designated)|Reserve|(restricted)|Total|
||||8||
|Fixed Assets||5,733||5,733|
|Investments|293,875|||293,875|
|Current Assets|81,634|52,520|8,924|143,078|
|Current Liabilities||8,927||8,927|
|At 31 March 2023|375,509|49,326|8,924|433,759|



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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|Income|||||||||
|Donations||||||2,907||3,733|
|Le acies<br>g||||||10,000|||
|Sundty income||||||22||373|
|Events &room<br>hire||||||7,304||1,149|
|Visitors fees and booklets||||||516||1,080|
|||||||20,749||6,335|
|Income from investments|||-|net|15,240||16,315||
|Interest receivable|||||2,197||55||
|||||||17,437||16,370|
|||||||38,186||22,705|
|General management||expenses|||||||
|Purchases<br>- goods for resale|||||182||||
|Special events costs|||||860||||
|Printing,<br>postage, stationery,||||publicity|||||
|and secretarial<br>expenses|||||206||535||
|Insurance|||||6,722||7,082||
|Ex-gratia payments|to residents||||400||540||
|Audit and accountancy|||fees||5, 142||7,572||
|Sundry expenses|||||1,249||2,163||
|Bank charges|||||310||236||
|Professional<br>services|||||||3,396||
|Donations|||||20||17||
|||||||15,091||21,541|
|Surplus for the year||||||23,095||1,164|





## 

||||||2022|2021|
|---|---|---|---|---|---|---|
|Income|||||||
|Weekly maintenance|contributions|||receivable|68,280|66,634|
|Insurance<br>claim||||||820|
|Expenditure|||||||
|Property<br>management||expenses|||||
|Salaries|||||29,381|27,074|
|Water and council tax|||||9,312|10,889|
|Garden, cleaning &household|||expenses||3,772|1,635|
|Telephone|||||1,907|2,873|
|Depreciation,<br>tangible||fixed assets|||1,644|1,779|
|Loss on disposal ofassets||||||475|
||||||46,016|44,725|
|Extraordinary<br>&general repairs|||&|maintenance|55,132|35,152|
|Light and heat|||||21,628|18,750|
|Total expenditure|||||122,776|98,627|
|Deficit for the Year|||||54,496|31,173|





## 

||||||Market|
|---|---|---|---|---|---|
|||||Cost|Value|
|||||g||
|Quoted||||||
|2,205.101|Blackrock Charities UK Equity Fund|||4,496|15,628|
||Income Units|||||
|1,015.757|Blackrock Charities UK Equity Fund|||8,082|23,166|
||Accumulation|Units||||
|15,538.899|M &G Cbarifund||-Income Units|94,374|230,468|
|25,936|M &G Charity|Multi Asset Fund||7,080|24,613|
||Income Units|||||
|At 31March|2023|||f.114,032|f293,875|
|At 31March|2022|||f.113,331|f309,108|