REGISTERED CHARITY NUMBER: 224309
TRUSTEES' REPORT AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022
FOR
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022
| Page | |||
|---|---|---|---|
| Trustees' Report | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 14 |
| Detailed Statement of Financial Activities | 15 | to | 16 |
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022
The trustees present their report with the financial statements of the charity for the year ended 31st December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objects
The charity is required to administer and manage its freehold properties in Edenbridge, its investments and all other property of the charity in conformity with the Schemes dated 10 May 1978 and 26 June 1996. Out of the income of the charity the trustees are to pay the cost of repairs and insurance of the freehold properties and the other expenses of and incidental to the administration and management of the charity. Subject to these payments the trustees are required to apply out of the income a yearly sum of not less than £1,000 in promoting the education of persons under the age of twenty five years and/or providing benefits for any school or other educational establishment in the Parish of Edenbridge. Subject to this the trustees are required to apply the income of the charity as they think fit for any charitable purposes for the general benefit of the inhabitants of the Parish of Edenbridge.
Public benefit
The main object of the Trust is to benefit the inhabitants of Edenbridge at large. It is the Trustees' policy to spread this benefit as widely as possible within the community through the grants which they make.
ACHIEVEMENT AND PERFORMANCE
Review of activities
The Trust continued with its objectives of managing and maintaining the trust properties and investments in accordance with the Governing Schemes to provide grants for the benefit of the inhabitants of Edenbridge.
At the year end the trustees had committed to matching funding for an organisation which was due to receive this in 2023.
The income increased over the previous year to £168,130 and expenditure decreased to £157,537. This included an increase in grants made to £103,553 from £102,348. In 2021 major repairs had to be done on one particular property. This work is now complete and the property has been re-let. The grants are made to 36 organisations in and around Edenbridge whose activities cover a wide range of religious, educational, social, medical, sporting and other community support activities. No large grants were made so that the spread of activities supported could be maintained.There was one grant to an individual.
FINANCIAL REVIEW
Investment policy and objectives
The Trust's investments are managed by their stockbrokers under delegated authority from the Trustees. The current policy, which is subject to ongoing review, is to maximise total returns within a medium to low risk profile and maintain a balance between equity and fixed interest investments.
Reserves policy
The Trustees aim to maintain reserves at a minimum of £250,000 in the Trust's investment portfolio which can be readily realised as cash, when needed to cover a year of charitable expenditure. The Trustees consider that this level will provide sufficient funds to respond to grant applications and ensure that support and governance costs are covered.
Financial review
The Trust made a profit of £459,958 of which £595,000 arose from the revaluation of the let properties. The investments fell in value by £145,635. The investments have been kept under review by the Investments Committee with regular meetings with the stockbrokers.
The Trustees had £38,080 net current assets in hand at the year end for future use.
Page 1
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing documents
The Great Stone Bridge Trust of Edenbridge is constituted by Schemes of the Charity Commissioners of 19 November 1909, 21 August 1936, 3 June 1970, 10 May 1978, 26 June 1996 and 10 January 2003. The latter Scheme was an Order of the Charity Commission to widen the administrative powers of the Trust.
Organisation
The Trustees have appointed a Clerk who acts as the charity's secretary and treasurer and deals with the day to day administration of the Trust. The Trustees also retain stockbrokers who advise on the management of the properties and the investments and employ a surveyor to advise on property matters as they arise.
Risk management
The Trustees have assessed the major risks to which the Trust is exposed in relation to the operations and finances of the Trust and the maintenance of the Trust properties and are satisfied that systems are in place to mitigate exposure to the major risks.
Insurance
The Trust properties are insured through an insurance broker and the Trustees have Directors and Officers insurance cover both of which have been reviewed during the year.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
224309
Principal address
First Floor 13a High Street Edenbridge Kent TN8 5AB
Trustees
Clive Pearman (resigned 20.4.2022) Ben Brownless Roy Cunnington John Hodson Giles Jackman Mrs Julie Johnson Councillor Robert Todd Miss Julie Thompsett (resigned 12.1.2023) Councillor Margot McArthur Alan Smart OBE Dr Simon Morrison Peter Stephen Brook (appointed 21.9.2022) Elizabeth Crothall (appointed 22.2.2023)
The charity is administered by a body of up to eleven trustees of whom two are nominative trustees appointed by the Town Council of Edenbridge. The remaining nine co-optative trustees are persons who have special knowledge of the town of Edenbridge. The nominative trustees are Councillors Robert Todd and Margot McArthur.
Nominative trustees are appointed for a term of four years and co-optative trustees for a term of five years.
Page 2
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Mrs I. J. Currie Currie Accountancy Limited Chartered Accountants First Floor 13a High Street Edenbridge Kent TN8 5AB
Solicitors
Baldwin and Robinson Law Limited 4 Oxted Chambers 185-187 Station Road East Oxted Surrey RH8 0QE
Bankers
Lloyds Bank plc 1-3 London Road East Grinstead West Sussex RH19 1AH
Stockbrokers
J. M. Finn and Company Salisbury House London Wall London ECM 5TA
Sarasin Juxon House 100 St Paul's Churchyard London EC4M 8BU
Clerk to the Trustees
Chloe Way c/o Currie Accountancy Ltd First Floor, 13a High Street Edenbridge TN8 5AB
Approved by order of the board of trustees on 19th April 2023 and signed on its behalf by:
Mrs Julie Johnson - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
Independent examiner's report to the trustees of The Great Stone Bridge Trust of Edenbridge
I report to the charity trustees on my examination of the accounts of The Great Stone Bridge Trust of Edenbridge (the Trust) for the year ended 31st December 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs I. J. Currie Currie Accountancy Limited Chartered Accountants First Floor 13a High Street Edenbridge Kent TN8 5AB
19th May 2023
Page 4
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2022
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Trading activities 3 Investment income 4 Total EXPENDITURE ON Raising funds 5 Charitable activities Grants Riverside and water meadows maintenance Total Net gains on investments NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 500 116,924 50,706 168,130 47,232 103,553 6,752 157,537 449,365 459,958 209,551 669,509 |
Capital £ - - - - - - - - - - 3,086,932 3,086,932 |
2022 Total funds £ 500 116,924 50,706 168,130 47,232 103,553 6,752 157,537 449,365 459,958 3,296,483 3,756,441 |
2021 Total funds £ - 106,638 49,677 |
|---|---|---|---|---|
| 156,315 | ||||
| 56,284 102,348 7,694 |
||||
| 166,326 | ||||
| 146,595 | ||||
| 136,584 3,159,899 |
||||
| 3,296,483 |
The notes form part of these financial statements
Page 5
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
BALANCE SHEET 31ST DECEMBER 2022
| Notes FIXED ASSETS Investments Investments 10 Investment property 11 CURRENT ASSETS Debtors 12 Cash at bank CREDITORS Amounts falling due within one year 13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 14 NET ASSETS FUNDS 15 Unrestricted funds: General fund Capital TOTAL FUNDS |
Unrestricted fund £ 37,501 595,000 632,501 15,540 54,878 70,418 (33,410) 37,008 669,509 - 669,509 |
Capital £ 1,295,860 1,790,000 3,085,860 - 1,072 1,072 - 1,072 3,086,932 - 3,086,932 |
2022 Total funds £ 1,333,361 2,385,000 3,718,361 15,540 55,950 71,490 (33,410) 38,080 3,756,441 - 3,756,441 669,509 3,086,932 3,756,441 3,756,441 |
2021 Total funds £ 1,478,996 1,790,000 3,268,996 19,646 43,682 63,328 (29,841) 33,487 3,302,483 (6,000) 3,296,483 209,551 3,086,932 3,296,483 3,296,483 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 19th April 2023 and were signed on its behalf by:
Mrs Julie Johnson - Trustee
The notes form part of these financial statements
Page 6
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments and investment properties which are included at market value.
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants payable are payments made to third parties in furtherance of the charitable activities of the Trust. Single or multi-year grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and any condition attaching to the grant is outside the control of the Trust.
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of the grant payable.
Investment property
Freehold property is stated at valuation.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a special purpose.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
continued...
Page 7
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022
| 2. DONATIONS AND LEGACIES Donations 3. TRADING ACTIVITIES Rents receivable Insurance recovered Interest 4. INVESTMENT INCOME On assets held at stockbrokers 5. RAISING FUNDS Trading activities Repairs and maintenance Letting expenses Legal fees Insurance Gas, electricity and rates Other costs Support costs Investment management costs Support costs Aggregate amounts |
2022 £ 500 2022 £ 103,640 13,276 8 116,924 2022 £ 50,706 2022 £ 4,168 1,710 - 22,517 226 1,207 11,364 41,192 2022 £ 6,040 47,232 |
2021 £ - 2021 £ 93,990 12,645 3 |
2021 £ - 2021 £ 93,990 12,645 3 |
|---|---|---|---|
| 106,638 | |||
| 2021 £ 49,677 |
|||
| 2021 £ 19,158 3,427 3,063 14,864 135 743 9,694 |
|||
| 51,084 | |||
| 2021 £ 5,200 56,284 |
continued...
Page 8
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022
6. GRANTS PAYABLE
| 6. | GRANTS PAYABLE | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| £ | £ | ||||
| Grants | 103,553 | 102,348 | |||
| The total grants paid to institutions during the year was as follows: | |||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| To support organisations acting for the general benefit of the inhabitants of | |||||
| the parish of Edenbridge | 103,392 | 102,348 | |||
| The total grants paid to individuals during the year was as follows: | |||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| To support individual inhabitants education | 161 | - | |||
| 7. | SUPPORT COSTS | ||||
| Governance | |||||
| Management | costs | Totals | |||
| £ | £ | £ | |||
| Other trading activities | 10,484 | 880 | 11,364 | ||
| Investment management costs | 5,600 | 440 | 6,040 | ||
| 16,084 | 1,320 | 17,404 | |||
| 8. | TRUSTEES' REMUNERATION AND BENEFITS | ||||
| There were no trustees' remuneration or other benefits for the year. | |||||
| Trustees' expenses | |||||
| There were no trustees' expenses paid for the year ended 31st December 2022 other than the reimbursement | |||||
| costs expended on behalf of the Trust. | |||||
| 9. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | |||
| Unrestricted | Total | ||||
| fund | Capital | funds | |||
| £ | £ | £ | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Trading activities | 106,638 | - | 106,638 | ||
| Investment income | 49,677 | - | 49,677 | ||
| Total | 156,315 | - | 156,315 | ||
| EXPENDITURE ON | |||||
| Raising funds | 56,284 | - | 56,284 |
There were no trustees' expenses paid for the year ended 31st December 2022 other than the reimbursement of costs expended on behalf of the Trust.
continued...
Page 9
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022
| 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted fund Capital £ £ Charitable activities Grants 102,348 - Riverside and water meadows maintenance 7,694 - Total 166,326 - Net gains on investments 146,595 - NET INCOME 136,584 - RECONCILIATION OF FUNDS Total funds brought forward 72,967 3,086,932 TOTAL FUNDS CARRIED FORWARD 209,551 3,086,932 10. FIXED ASSET INVESTMENTS MARKET VALUE At 1st January 2022 Revaluations At 31st December 2022 NET BOOK VALUE At 31st December 2022 At 31st December 2021 Investments held within the stockbrokers funds at fair value comprised: 2022 £ Equities 1,040,854 Fixed income 158,086 Liquid assets 24,192 Alternatives 110,229 1,333,361 |
ACTIVITIES - Unrestricted fund £ 102,348 7,694 166,326 146,595 136,584 72,967 209,551 |
ACTIVITIES - Unrestricted fund £ 102,348 7,694 166,326 146,595 136,584 72,967 209,551 |
continued Capital £ - - - - - 3,086,932 3,086,932 |
Total funds £ 102,348 7,694 |
|
|---|---|---|---|---|---|
| 166,326 | |||||
| 146,595 | |||||
| 136,584 3,159,899 |
|||||
| 3,296,483 | |||||
| Listed investments £ 1,478,996 (145,635) 1,333,361 1,333,361 1,478,996 |
|||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| 1,040,854 | 1,113,659 | ||||
| 158,086 | 193,714 | ||||
| 24,192 | 18,013 | ||||
| 110,229 | 153,610 | ||||
| 1,333,361 | 1,478,996 | ||||
continued...
Page 10
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022
10. FIXED ASSET INVESTMENTS - continued
| Investments comprising more than 5% of the total valuation were: | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Sarasin Income and Reserves Class A Income Units | 83,080 | 101,637 |
| Sarasin Global Higher Dividend (Sterling Hedged) Units | 147,525 | 176,532 |
| Sarasin Global Higher Dividend Units | 290,259 | 314,363 |
The Trust having been in existence since 1909 and being exempt from tax, it is neither useful nor possible to show the original cost of the investments.
11. INVESTMENT PROPERTY
| FAIR VALUE At 1st January 2022 Revaluation At 31st December 2022 NET BOOK VALUE At 31st December 2022 At 31st December 2021 Fair value at 31st December 2022 is represented by: Valuation in 2022 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Prepayments and accrued income |
2022 £ 10,540 5,000 15,540 |
£ 1,790,000 595,000 |
£ 1,790,000 595,000 |
|---|---|---|---|
| 2,385,000 | |||
| 2,385,000 | |||
| 1,790,000 | |||
| £ 2,385,000 |
|||
| 2021 £ 14,646 5,000 |
|||
| 19,646 |
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
continued...
Page 11
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2022 £ Trade creditors 672 VAT 5,440 Grant commitments 6,000 Rent deposit 6,604 Prepaid income 13,494 Accrued expenses 1,200 33,410 14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2022 £ Grant commitments - 15. MOVEMENT IN FUNDS Net movement At 1.1.22 in funds £ £ Unrestricted funds General fund 209,551 459,958 Capital 3,086,932 - 3,296,483 459,958 TOTAL FUNDS 3,296,483 459,958 Net movement in funds, included in the above are as follows: Incoming Resources Gains and resources expended losses £ £ £ Unrestricted funds General fund 168,130 (157,537) 449,365 TOTAL FUNDS 168,130 (157,537) 449,365 |
2021 £ 712 5,334 2,500 6,601 13,494 1,200 29,841 2021 £ 6,000 At 31.12.22 £ 669,509 3,086,932 3,756,441 3,756,441 Movement in funds £ 459,958 459,958 |
|---|---|
continued...
Page 12
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022
15. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Capital TOTAL FUNDS |
At 1.1.21 £ 72,967 3,086,932 3,159,899 3,159,899 |
Net movement in funds £ 136,584 - 136,584 136,584 |
At 31.12.21 £ 209,551 3,086,932 |
|---|---|---|---|
| 3,296,483 | |||
| 3,296,483 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 156,315 156,315 |
Resources expended £ (166,326) (166,326) |
Gains and Movement losses in funds £ £ 146,595 136,584 146,595 136,584 |
Gains and Movement losses in funds £ £ 146,595 136,584 146,595 136,584 |
|---|---|---|---|---|
| 136,584 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Capital TOTAL FUNDS |
At 1.1.21 £ 72,967 3,086,932 3,159,899 3,159,899 |
Net movement in funds £ 596,542 - 596,542 596,542 |
At 31.12.22 £ 669,509 3,086,932 |
|---|---|---|---|
| 3,756,441 | |||
| 3,756,441 |
continued...
Page 13
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2022
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 324,445 324,445 |
Resources expended £ (323,863) (323,863) |
Gains and Movement losses in funds £ £ 595,960 596,542 595,960 596,542 |
|---|---|---|---|
The capital fund arose some years ago and reflected the value of the investment properties and the portfolios of investments held by stockbrokers and was adjusted when valuations were done. Under current accounting standards valuations of investments are taken to the statement of financial activities on a yearly basis.
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st December 2022.
Page 14
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2022
| 2022 Unrestricted funds £ INCOME AND ENDOWMENTS Donations and legacies Donations 500 Trading activities Rents receivable 103,640 Insurance recovered 13,276 Interest 8 116,924 Investment income On assets held at stockbrokers 50,706 Total incoming resources 168,130 EXPENDITURE Trading activities Repairs and maintenance 4,168 Letting expenses 1,710 Legal fees - Insurance 22,517 Gas, electricity and rates 226 Other costs 1,207 29,828 Charitable activities Riverside Walk maintenance 4,760 Water meadows maintenance 1,992 Grants to institutions 103,392 Grants to individuals 161 110,305 Support costs Management Bank charges 84 Clerk's fees 16,000 16,084 |
2021 Total funds £ - 93,990 12,645 3 |
|---|---|
| 106,638 49,677 |
|
| 156,315 19,158 3,427 3,063 14,864 135 743 |
|
| 41,390 5,937 1,757 102,348 - |
|
| 110,042 94 13,600 |
|
| 13,694 |
This page does not form part of the statutory financial statements
Page 15
THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2022
| 2022 Unrestricted funds £ Management Governance costs Accountancy 1,320 Total resources expended 157,537 Net income before gains and losses 10,593 Realised recognised gains and losses Realised gains/(losses) on fixed asset investments (145,635) Realised gains/(losses) on investment property 595,000 Net income 459,958 |
2021 Total funds £ 1,200 166,326 (10,011) 146,595 - 136,584 |
|---|---|
This page does not form part of the statutory financial statements
Page 16