| Pacae | ||
|---|---|---|
| Charity Information |
||
| Trustees' Report |
||
| Independent Examiner's |
Report | |
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements |
| for the | year ended | 31 MARCH 202 | 2 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||||
| General | Endowment | Total | Total | |||||||
| fund | fund | 2022 | 2021 | |||||||
| Notes | F | |||||||||
| INCOME AND ENDOWMENTS | FROM: | |||||||||
| Generated funds: |
||||||||||
| Voluntary income |
||||||||||
| Donations and gifts |
600 | 600 | 600 | |||||||
| Investment income |
||||||||||
| Dividend income and tax refund |
54,620 | 54,620 | 52,202 | |||||||
| Rents receivable | 505 | 505 | 505 | |||||||
| Other revenue | ||||||||||
| Total investment income |
55,125 | 55,125 | 52,707 | |||||||
| Other income | ||||||||||
| Grants returned | 805 | 805 | 104 | |||||||
| Total income | 56,530 | 56,530 | 53,411 | |||||||
| EXPENDITURE ON: | ||||||||||
| Charitable activities |
||||||||||
| Grants payable | 35,T65 | 35,765 | 46,411 | |||||||
| Support costs | 22,089 | 22,089 | 21,532 | |||||||
| 57,854 | 57,854 | 67,943 | ||||||||
| Raising funds | ||||||||||
| Stockbroker's fees | 9,414 | 9,414 | 8,418 | |||||||
| Total expenditure | 67,268 | 67,268 | 76,361 | |||||||
| Net income/(expenditure) | before | (10,738) | (10,738) | (22,950) | ||||||
| other expenditure | ||||||||||
| Gain/(loss) on freehold |
investment | property | 15,000 | |||||||
| Net gains/(losses) | on investments | 34,994 | 65,945 | 100,939 | 284,485 | |||||
| Net incomel (expenditure) | 24,256 | 65,945 | 90,201 | 276,635 | ||||||
| Transfers between | funds | |||||||||
| Net movement in |
funds | 24,256 | 65,945 | 90,201 | 2T6,536 | |||||
| Reconciliation of |
funds: | |||||||||
| Fund balances at 1 April 2021 | 669,702 | 1,097,050 | 1,T66,752 | 1,490,217 | ||||||
| Fund balances at 31 March | 2022 | S | 693,95S | 1,162,995 | 1,856,953 | 1,766,762 |
| BALANCE SHEET | |||||
|---|---|---|---|---|---|
| 31 MARCH 2022 | |||||
| 2022 | 2021 | ||||
| Notes | |||||
| INVESTMENT | |||||
| Freehold land |
40,000 | 40,000 | |||
| Quoted investments | 1,683,403 | 1,604,609 | |||
| 1,723,403 | 1,644,609 | ||||
| CURRENT ASSETS | |||||
| Accrued Income |
2,742 | 4,648 | |||
| Barclays Bank pic | 45,948 | 52,942 | |||
| Quilter Cheviot bank accounts | 109,709 | 96,978 | |||
| 158,399 | 154,568 | ||||
| CURRENT LIABILITIES | |||||
| Accruals | 24,849 | 32,425 | |||
| NET CURRENT ASSETS | 133,550 | 122,143 | |||
| NET ASSETS | 1,856,953 | 1,766,752 | |||
| CHARITY FUNDS: | |||||
| CAPITAL FUND | |||||
| Endowment | 1,162,995 | 1,097,050 | |||
| INCOME FUNDS | |||||
| Unrestricted fund |
693,958 | 669,702 | |||
| TOTAL CHARITY FUNDS: | 1,856,953 | 1,766,752 |
| FIXEDASSET INVESTMENTS | |||
|---|---|---|---|
| 2022 | 2021 | ||
| 'E | E | ||
| Market value at 1 April 2021 | 1,604,609 | 1,321,301 | |
| Less: sale proceeds Add: acquisitions at cost Net gains/(losses) on revaluation |
at 31 March 2022 | (373,522) 351,377 100,939 |
(239,091) 237,914 284,485 |
| Market value at 31 March 2022 | 1,683,403 | 1,604.609 | |
| Historical cost at 31 March 2022 | 1,394,595 | 1,351,910 |
| General | |||||
|---|---|---|---|---|---|
| Endowment | Designated | Unrestricted | |||
| Fund | Income Fund | Fund | Total | ||
| E | E | E | |||
| Freehold | land | 40,000 | 40,000 | ||
| Quoted | investments | 1,017,024 | 666,379 | 1,683,403 | |
| Balances with Quilter Cheviot | 72,350 | 37,359 | 109,709 | ||
| Other current assets | 33,621 | 15,069 | 48,690 | ||
| Current | liabilities | (24,849) | (24,849) | ||
| Fund | balance | 1,162,995 | 693,958 | 1,856,953 |