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2022-12-31-accounts
|
|
|
Page |
| Reference and administrative |
details ofthe Charity, |
its Trustees and advisers |
|
Trustees'
report |
|
|
2-3 |
Independent
examiner's
report |
|
|
|
| Statement offinancial activities |
|
|
|
| Balance sheet |
|
|
|
| Notes to the financial statements |
|
|
7-20 |
|
|
|
|
|
Endowment |
Restricted |
Unrestricted |
Total |
Total |
|
|
|
|
|
funds |
funds |
funds |
funds |
funds |
|
|
|
|
Note |
2022 |
2022 |
2022f |
2022
E |
2021 |
| Income and |
|
|
|
|
|
|
|
|
|
| endowments |
|
from: |
|
|
|
|
|
|
|
Donations
and |
|
legacies |
|
3 |
|
|
6,190 |
6,190 |
200 |
| Investments |
|
|
|
4 |
101,283 |
|
135,478 |
236,764 |
215,901 |
| Other income |
|
|
|
|
|
|
36 |
36 |
|
| Total income |
|
and |
|
|
|
|
|
|
|
| endowments |
|
|
|
|
101,283 |
|
141,704 |
242,990 |
216,101 |
| Expenditure |
on: |
|
|
|
|
|
|
|
|
| Raising funds |
|
|
|
|
5,156 |
|
22,763 |
27,919 |
17,318 |
Charitable
activities |
|
|
|
|
6,186 |
|
163,893 |
170,079 |
95,012 |
| Total expenditure |
|
|
|
|
11,342 |
|
186,656 |
197,998 |
112,330 |
| Net |
|
|
|
|
|
|
|
|
|
| income/(expenditure) |
|
|
|
|
|
|
|
|
|
| before net |
|
|
|
|
|
|
|
|
|
| gains/(losses) |
|
on |
|
|
|
|
|
|
|
| investments |
|
|
|
|
89,941 |
|
(44,952) |
44,992 |
103,771 |
| Net gains/(losses) |
|
|
on |
|
|
|
|
|
|
| investments |
|
|
|
|
425,751 |
|
(84,555) |
341,196 |
900,193 |
| Net |
|
|
|
|
|
|
|
|
|
| income/(expenditure) |
|
|
|
|
515,692 |
3 |
(129,507) |
386,188 |
1,003,964 |
Transfers
between |
|
|
|
|
|
|
|
|
|
| funds |
|
|
|
17 |
(32,503) |
|
32,503 |
|
|
| Net movement |
|
in |
|
|
|
|
|
|
|
| funds |
|
|
|
|
483,189 |
|
(97,004) |
386,188 |
1,003,964 |
| Reconciliation |
|
of |
|
|
|
|
|
|
|
| funds: |
|
|
|
|
|
|
|
|
|
| Total funds brought |
|
|
|
|
|
|
|
|
|
| forward |
|
|
|
|
10,290,419 |
4,833 |
1,071,671 |
11,366,923 |
10,362,959 |
| Net movement |
|
in funds |
|
|
483,189 |
3 |
(97,004) |
386,188 |
1,003,964 |
| Total funds carried |
|
|
|
|
|
|
|
|
|
| forward |
|
|
|
|
10,773,608 |
4,836 |
974,667 |
11,753,111 |
11,366,923 |
|
|
|
|
|
|
2022 |
|
2021 |
|
|
|
|
Note |
|
|
|
F |
| Fixed assets |
|
|
|
|
|
|
|
|
| Tangible assets |
|
|
|
12 |
|
204,139 |
|
210,325 |
| Investments |
|
|
|
14 |
|
3,794,394 |
|
4,016,996 |
Investment
property |
|
|
|
13 |
|
7,420,500 |
|
6,821,900 |
|
|
|
|
|
|
11,419,033 |
|
11,049,221 |
| Current assets |
|
|
|
|
|
|
|
|
| Debtors |
|
|
|
15 |
11,296 |
|
7,749 |
|
| Cash at bank and |
in hand |
|
|
|
337,231 |
|
328,439 |
|
|
|
|
|
|
348,527 |
|
336,188 |
|
| Creditors: amounts |
falling |
|
due within one |
|
|
|
|
|
| year |
|
|
|
16 |
(14,449) |
|
(18,486) |
|
| Net current assets |
|
|
|
|
|
334,078 |
|
317,702 |
| Total assets less |
current |
|
liabilities |
|
|
11,753,111 |
|
11,366,923 |
| Net assets excluding |
|
pension asset |
|
|
|
11,753,111 |
|
11,366,923 |
| Total net assets |
|
|
|
|
|
11,753,111 |
|
11,366,923 |
| Charity funds |
|
|
|
|
|
|
|
|
Endowment
funds |
|
|
|
17 |
|
10,773,608 |
|
10,290,419 |
| Restricted funds |
|
|
|
17 |
|
4,836 |
|
4,833 |
Unrestricted
funds |
|
|
|
17 |
|
974,667 |
|
1,071,671 |
| Total funds |
|
|
|
|
|
11,753,111 |
|
11,366,923 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2022f |
2022 |
| Donations |
6,190 |
6,190 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
|
E |
|
| Donations |
200 |
200 |
|
|
Endowment |
Restricted |
Unrestricted |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2022 |
2022 |
2022 |
2022 |
|
|
|
E |
|
'E |
| Investment |
income - local investment |
|
|
|
|
| properties |
|
|
|
111,563 |
111,563 |
| Income from local listed investments |
|
101,283 |
|
21,691 |
122,974 |
| Investment |
income - local cash |
|
|
2,224 |
2,227 |
|
|
101,283 |
3 |
135,478 |
236,764 |
|
|
|
Endowment |
Unrestricted |
Total |
|
|
|
funds |
funds |
funds |
|
|
|
2021 |
2021 |
2021 |
|
|
|
|
F |
|
| Investment |
income - local investment |
properties |
|
110,569 |
110,569 |
| Income from local listed investments |
|
|
85,252 |
20,053 |
105,305 |
| Investment |
income - local cash |
|
|
27 |
27 |
|
|
|
85,252 |
130,649 |
215,901 |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2022 |
2022 |
2021 |
|
|
|
E |
E |
| Registration |
fees |
36 |
36 |
|
|
|
|
|
|
Endowment |
Unrestricted |
Total |
|
|
|
|
|
funds |
funds |
funds |
|
|
|
|
|
2022 |
2022 |
2022 |
|
|
|
|
|
|
|
F |
| Investment |
property |
insurance |
|
|
|
2,435 |
2,435 |
| Investment |
property |
repairs |
|
|
|
17,463 |
17,463 |
| Investment |
property |
administration |
|
fees |
|
540 |
540 |
| Stockbroker |
administration |
|
fee |
|
5,156 |
2,325 |
7,481 |
|
|
|
|
|
5,156 |
22,763 |
27,919 |
|
|
|
|
|
Endowment |
Unrestricted |
Total |
|
|
|
|
|
funds |
funds |
funds |
|
|
|
|
|
2021 |
2021 |
2021 |
| Investment |
property |
insurance |
|
|
|
2,446 |
2,446 |
| Investment |
property |
repairs |
|
|
|
6,799 |
6,799 |
| Investment |
property |
administration |
|
fees |
|
177 |
177 |
| Investment |
property |
rates and water |
|
|
|
96 |
96 |
| Stockbroker |
administration |
|
fee |
|
5,356 |
2,444 |
7,800 |
|
|
|
|
|
5,356 |
11,962 |
17,318 |
|
|
Endowment |
Unrestricted |
|
|
|
funds |
funds |
Total |
|
|
2022 |
2022 |
2022 |
|
|
|
|
E |
| Aim |
spersons |
6,186 |
163,893 |
170,079 |
|
|
Endowment |
Unrestricted |
|
|
|
funds |
funds |
Total |
|
|
2021 |
2021 |
2021 |
|
|
E |
|
|
| Aim |
spersons |
6,186 |
88,826 |
95,012 |
| Activities |
|
|
| undertaken |
Support |
Total |
| directly |
costs |
funds |
| 2022 |
2022 |
2022 |
|
E |
E |
| 143,665 |
26,413 |
170,078 |
| Activities |
|
|
| undertaken |
Support |
Total |
| directly |
costs |
funds |
| 2021f |
2021 |
2021 |
| 74,672 |
20,340 |
95,012 |
|
|
|
|
Total |
|
|
|
Aim spersons |
funds |
|
|
|
2022 |
2022 |
| Staff costs |
|
|
15,796 |
15,796 |
| Depreciation |
|
|
6,186 |
6,186 |
| Pensions 8 grants |
|
|
675 |
675 |
| Rates 8 water |
|
|
5,759 |
5,759 |
| Light &heat |
|
|
6,093 |
6,093 |
Repairs
& maintenance |
|
|
100,391 |
100,391 |
| Professional |
|
|
4,284 |
4,284 |
| Office expenses |
|
|
630 |
630 |
| Social events |
& Christmas |
gifts |
1,003 |
1,003 |
| Training costs |
|
|
2,848 |
2,848 |
|
|
|
143,665 |
143,665 |
|
|
|
|
Total |
|
|
|
Aim spersons |
funds |
|
|
|
2021 |
2021 |
|
|
|
|
E |
| Staff costs |
|
|
15,130 |
15,130 |
| Depreciation |
|
|
6,186 |
6,186 |
| Pensions 8 grants |
|
|
600 |
600 |
| Rates 8 water |
|
|
7,149 |
7,149 |
| Light &heat |
|
|
7,663 |
7,663 |
| Repairs 8 maintenance |
|
|
32,324 |
32,324 |
| Professional |
|
|
4,219 |
4,219 |
| Office expenses |
|
|
630 |
630 |
| Social events |
8 Christmas |
gifts |
771 |
771 |
|
|
|
74,672 |
74,672 |
|
|
|
Total |
|
|
Aim spersons |
funds |
|
|
2022 |
2022 |
| Staff costs |
|
14,505 |
14,505 |
| Insurance |
|
1,678 |
1,678 |
| Accountancy |
|
1,560 |
1,560 |
| Professional |
|
6,082 |
6,082 |
| Telephone |
|
627 |
627 |
| Office expenses |
|
1,051 |
1,051 |
| Governance |
costs |
910 |
910 |
|
|
26,413 |
26,413 |
|
|
|
Total |
|
|
Aim spersons |
funds |
|
|
2021 |
2021 |
|
|
F |
F |
| Staff costs |
|
13,856 |
13,856 |
| Insurance |
|
1,749 |
1,749 |
| Accountancy |
|
1,500 |
1,500 |
| Professional |
|
780 |
780 |
| Telephone |
|
595 |
595 |
| Office expenses |
|
1,000 |
1,000 |
| Governance |
costs |
860 |
860 |
|
|
20,340 |
20,340 |
|
|
|
|
|
|
|
2022 |
2021 |
|
|
|
|
|
|
|
|
E |
| Wages and |
salaries |
|
|
|
|
|
29,013 |
27,736 |
| Contribution |
to defined |
contribution |
|
pension |
schemes |
|
1,290 |
1,249 |
|
|
|
|
|
|
|
30,303 |
28,985 |
| The average |
number of persons |
|
employed |
|
by the Charity during |
the year |
was as follows: |
|
|
|
|
|
|
|
|
2022 |
2021 |
|
|
|
|
|
|
|
No. |
No. |
| Management |
staff |
|
|
|
|
|
|
|
|
|
NOTES TO THE FINANCIAL STATEMENTS |
|
|
|
FOR THE YEAR ENDED 31 DECEMBER 2022 |
|
| 12. |
Tangible fixed assets |
|
|
|
|
|
Freehold |
|
|
|
property |
|
Cost or valuation |
|
|
|
At 1 January 2022 |
|
309,297 |
|
At 31 December 2022 |
|
309,297 |
|
Depreciation |
|
|
|
At 1 January 2022 |
|
98,972 |
|
Charge for the year |
|
6,186 |
|
At 31 December 2022 |
|
105,158 |
|
Net book value |
|
|
|
At 31 December 2022 |
|
204,139 |
|
At 31 December 2021 |
|
210,325 |
| 13. |
Investment
property |
|
|
|
|
|
Freehold |
|
|
|
investment |
|
|
|
property |
|
Valuation |
|
|
|
At 1 January 2022 |
|
6,821,900 |
|
Surplus
on revaluation |
|
598,600 |
|
At 31 December 2022 |
|
7,420,500 |
|
Listed |
|
investments |
|
E |
| Cost or valuation |
|
| At 1 January 2022 |
4,016,996 |
| Additions |
181,946 |
| Disposals |
(127,196) |
| Revaluations |
(277,351) |
| At 31 December 2022 |
|
|
3,794,394 |
|
|
2022 |
2021 |
| Due within |
one year |
|
|
| Prepayments |
and accrued income |
11,296 |
7,749 |
|
|
11,296 |
7,749 |
|
|
2022 |
2021 |
| Trade |
creditors |
1,213 |
1,213 |
| Other |
creditors |
13,236 |
17,273 |
|
|
14,449 |
18,486 |
|
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
|
|
31 |
|
January |
|
|
Transfers |
Gains/ |
December |
|
2022 |
Income |
Expenditure |
in/out |
(Losses) |
2022 |
| Unrestricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| General Funds- |
|
|
|
|
|
|
| all funds |
1,071,671 |
141,704 |
(186,656) |
32,503 |
(84,555) |
974,667 |
| Endowment |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Special range |
|
|
|
|
|
|
| fund |
9,697,862 |
68,780 |
(6,186) |
|
425,751 |
10,186,207 |
| General fund |
|
|
|
|
|
|
| capital account |
592,557 |
32,503 |
(5,156) |
(32,503) |
|
587,401 |
|
10,290,419 |
101,283 |
(11,342) |
(32,503) |
425,751 |
10,773,608 |
| Restricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Thomasin |
|
|
|
|
|
|
| Sam pson |
|
|
|
|
|
|
| (apprenticing) |
|
|
|
|
|
|
| charity fund |
4,833 |
|
|
|
|
4,836 |
| Total offunds |
11,366,923 |
242,990 |
(197,998) |
|
341,196 |
11,753,111 |
| Statement offun |
ds - prior year |
|
|
|
|
|
|
|
|
|
|
|
Balance at |
|
Balance at |
|
|
|
|
31 |
|
1 January |
|
|
Transfers |
Gains/ |
December |
|
2021 |
Income |
Expenditure |
in/out |
(Losses) |
2021 |
|
|
E |
E |
E |
|
E |
| Unrestricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| General Funds- |
|
|
|
|
|
|
| all funds |
915,010 |
130,849 |
(100,788) |
30,078 |
96,522 |
1,071,671 |
| Endowment |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Special range |
|
|
|
|
|
|
| fund |
8,845,203 |
55,174 |
(6,186) |
|
803,671 |
9,697,862 |
| General fund |
|
|
|
|
|
|
| capital account |
597,913 |
30,078 |
(5,356) |
(30,078) |
|
592,557 |
|
9,443,116 |
85,252 |
(11,542) |
(30,078) |
803,671 |
10,290,419 |
| Restricted |
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
| Thomasin |
|
|
|
|
|
|
| Sam pson |
|
|
|
|
|
|
| (apprenticing) |
|
|
|
|
|
|
| charity fund |
4,833 |
|
|
|
|
4,833 |
| Total offunds |
10,362,959 |
216,101 |
(112,330) |
|
900,193 |
11,366,923 |
| Summar |
y offunds |
- current year |
|
|
|
|
|
|
|
|
|
|
|
|
Balance at |
|
|
Balance at 1 |
|
|
|
|
31 |
|
|
January |
|
|
Transfers |
Gains/ |
December |
|
|
2022 |
Income |
Expenditure |
in/out |
(Losses) |
2022 |
| General |
funds |
1,071,671 |
141,704 |
(186,656) |
32,503 |
(84,555) |
974,667 |
| Endowment |
|
|
|
|
|
|
|
| funds |
|
10,290,419 |
101,283 |
(11,342) |
(32,503) |
425,751 |
10,773,608 |
| Restricted funds |
|
4,833 |
3 |
|
|
|
4,836 |
|
|
11,366,923 |
242,990 |
(197,998) |
|
341,196 |
11,753,111 |
| Summary offunds |
|
- prior year |
|
|
|
|
|
|
|
|
|
|
|
|
Balance at |
|
|
Balance at |
|
|
|
|
31 |
|
|
1 January |
|
|
Transfers |
Gains/ |
December |
|
|
2021 |
Income |
Expenditure |
in/out |
(Losses) |
2021 |
|
|
E |
|
E |
|
|
E |
| General |
funds |
915,010 |
130,849 |
(100,788) |
30,078 |
96,522 |
1,071,671 |
| Endowment |
|
|
|
|
|
|
|
| funds |
|
9,443,116 |
85,252 |
(11,542) |
(30,078) |
803,671 |
10,290,419 |
| Restricted funds |
|
4,833 |
|
|
|
|
4,833 |
|
|
10,362,959 |
216,101 |
(112,330) |
|
900,193 |
11,366,923 |
| Analysis of net assets between funds |
- current year |
|
|
|
|
Endowment |
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
funds |
|
2022 |
2022 |
2022 |
2022 |
|
|
|
E |
|
| Tangible fixed assets |
204,139 |
|
|
204,139 |
| Fixed asset investments |
3,036,451 |
|
757,943 |
3,794,394 |
Investment
property |
7,420,500 |
|
|
7,420,500 |
| Current assets |
126,967 |
4,836 |
216,724 |
348,527 |
| Creditors due within one year |
(14,449) |
|
|
(14,449) |
| Total |
10,773,608 |
4,836 |
974,667 |
11,753,111 |
| Analysis of net assets between funds |
- prior year |
|
|
|
|
Endowment |
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2021 |
|
E |
|
|
|
| Tangible fixed assets |
210,325 |
|
|
210,325 |
| Fixed asset investments |
3,167,027 |
|
849,969 |
4,016,996 |
Investment
property |
6,821,900 |
|
|
6,821,900 |
| Current assets |
109,653 |
4,833 |
221,702 |
336,188 |
| Creditors due within one year |
(18,486) |
|
|
(18,486) |
| Total |
10,290,419 |
4,833 |
1,071,671 |
11,366,923 |