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|Page|No.||||
|---|---|---|---|---|
|1-5||Repott ofthe Trustees|||
|6-7||Report ofthe Independent||Examiners|
|||Statement ofFinancial|Activities||
|||Balance Sheet|||
|10-|17|Notes to the Financial|Statements||
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||||Unrestricted|Endowment|Unrestricted|Endowment|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|||Notes|2023|2023|2022|2022|
|Income|||||||
|Income from charitable|activities:||||||
|Almshouse
maintenance|contributions||49,507||44,614||
|Income from other trading activities:|||||||
|Investment
property rents
Investments
Donations|||92,425
2,741||81,844
6,220||
|Grant Iacome|||||||
|Total Income|||144,673||132,678||
|Expenditure|||||||
|Cost ofgenerating
funds|||||||
|Investment
property maintenance
Charitable
activities
Support costs||16
16|12,143
101,623
16441||26,410
81,405
11,438||
|Total expeaditure|||130,107||119,253||
|Net income before other|recognised||||||
|gaias aad losses
Other recognised
gains and losses|||14,566||13,425||
|Transfer torestricted
funds|||||||
|Transfer to endowment
funds|||||||
|Gains I(losses) on other investment
assets|||(18,642)||1,344||
|Net movement
in funds|||(49076)||14,769||
|Reconciliation offunds|||||||
|Total funds brought forward IApril
2022|||454,634|4,050,000|439,865|4,050,000|
|Total funds canied forward 31
March 2023|||450,558|4,050,000|454,634|4,050,000|
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|||Notes|2023|2023|2022|2022|
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||
|Almshouses||||1,810,000||1,810,000|
|Investment
property||||2440,000||2,240,000|
|Computer
equipment
Other investments||||503302||472,029|
|||||4,553487||4,522,029|
|CURRENT ASSETS|||||||
|Debtors||9|3,108||8,697||
|Investments||10|113,801||15l,706||
|Cash at bank||11|13441||5,234||
||||130450||165,637||
|CREDITORS: Amounts
within one year|falling due|12|~200||2,233||
|NET CURRENT ASSETS||||127,970||163,404|
|NET ASSETS||||4,681 57||4,685,433|
|FUNDS|||||||
|Endowment
funds||14||4,050,000||4,050,000|
|Restricted reserves||13||180,799||180,799|
|Unrestricted
reserves||||450,558||454,634|
|TOTAL CHARITY FUNDS||||4,681 57||4,685,433|
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||||2023|2022|
|---|---|---|---|---|
|The average weekly number ofpersons (including||the Clerk|||
|to the Trustees) employed|during the year was:||||
|Staffcosts (forthe above|persons)||||
|Wages and salaries|||28,275|25 867|
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|||||2023|2022|
|---|---|---|---|---|---|
|Charities Official Investment
Bank Deposit Interest|||Fund Interest|2,094|74|
|Investment|Dividends|and Interest||647|6,146|
|||||2 741|6,220|
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|||Freehold|Total|
|---|---|---|---|
|||Land ds||
|||Buildings||
|Valuation||1,810,000|1,810,000|
|Revaluations||||
|Cost or Revalued|amount restated|1410,000|1 10,000|
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|||Freehold|Total|
|---|---|---|---|
|||Land dr||
|||Buildings||
||||0|
|Cost or Revalued|amount restated|2,240,000|2,240,000|
|Revaluations||||
|Cost or Revalued|amount restated|2 40)000|2 40,000|
|7.
COMPUTER EQUIPMENT|||
|---|---|---|
||2023|2022|
|NBV Brought Forward||295|
|Addition|||
|Depreciation||295|
|NBV Carried Forward|||
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||FOR THE YE|FOR THE YE|FOR THE YE|FOR THE YE|AR END|ED 31MARCH|2023||
|---|---|---|---|---|---|---|---|---|
|S.|OTHER INVESTMENTS||||||||
||||||||2023|2022|
|||||||||6|
|Quilter
National
Fund||Investment
Fund
Association of Almshouses|||Common|Investment|121,127
8,497|103,800
8,403|
|Aegon|Unit Trusts||||||373,763|359,826|
||||||||503487|472,029|
|9.|DEBTORS||||||||
||||||||2023|2022|
|P repayments|||||||3,108|8697|
|10.|CURRENT||ASSETSINVESTMENTS||||||
||||||||2023|2022|
|Deposit||Account: Charities Official Investment||||Fund|113,801|151,706|
|11.|CASH AT BANK||||||||
||||||||2023|2022|
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|Current||account|||||13,341|5,234|
||||||||13341|5,234|
|12.|CREDITORS: Amounts|||falling|due within one year||||
||||||||2023|2022|
||||||||8||
|Accrued||expenses|||||1,8]5|1,820|
|Taxation||and social|security||||465|413|
||||||||2280|2,233|
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EXTRAORDINARY REPAIR RESER|VE||||
|---|---|---|---|---|
||Cyclical|Extraordinary||Total|
||Repairs and|Repair Reserve|||
||Maintenance||||
||Reserve||||
|Balance at 1 April 2022|111,437||69,362|180,799|
|Transfer: Income and expenditure|||||
|account|||||
|Balance at 31March 2023|111,437||69@62|180,799|
|14.
MOVEMKNT IN FUNDS|||||
|ENDOWMENT
FUND|||||
|||Kndovvment||Total|
|||Fund|||
|Balance at 1 April 2022||2,240,000||2,240,000|
|Revaluation
ofproperty|||||
|Balance at 31March 2023||2|40,000|2 40,000|
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|||Charitable|Support|Charitable|Support|Support|
|---|---|---|---|---|---|---|
|||Activities|Costs|Acttvmes|Costs||
|||2023|2023|2022|2022||
||||||f,||
|Day to day maintenance||16,818||20,246|||
|Extraordinary/cyclical|||||||
|maintenance
Clerk's Honorarium||22,769
18,865||2,257
17,145|||
|Assistant to the Clerk' s|||||||
|Honorarium||8,580||7,935|||
|Wages||829||787|||
|Rent and rates||4,207||934|||
|Insurance||4,040||3,993|||
|Heat and light||10,066||12,779|||
|Garden maintenance||8,602||8,323|||
|Post, telephone
and|||||||
|stationery|||381|||684|
|Legal and professional|fees||2,300||1,791||
|Accountancy
fees|||1,815||1,770||
|Estate agents fees|||7,273||5,364||
|Sundry expenses|||4,572||1,534||
|Intercom|||||||
|monitorlngqi
feline||4,654||4,242|||
|Residents
vouchers/party||2,193||2,764|||
|Depreciation||||||295|
|||101,623|16,341|81405|1]|438|
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||||2023|2023|2022|2022|
|---|---|---|---|---|---|---|
||||||8||
|INCOME|||||||
|Almshouse
maintenance|||49,507||44,614||
|contributions|||||||
|Interest|||2,372||2,626||
|Donations|||||||
|Grant income|||||||
|Investment
income|||369||3,594||
|Investment
properties|||92,425|144.673|81844|132,678|
|LESSEXPENSES|||||||
|Clerk's Honorarium|||18,865||17,145||
|Assistant to the Clerk' s|||||||
|Honorarium|||8,580||7,935||
|Wages
Rent and rates|||828
4,207||787
934||
|Light and beat
Insurance|||10,066
4,040||12,779
3,993||
|Postage, telephone
and
stationery
Day to day maintenance
Lifeline fees|||381
16,818
4,654||684
20,246
4,242||
|Extraordinary
maintenance|||22,769||2,257||
|Investment
property
maintenance|||12,143||26,410||
|Garden maintenance|||8,602||8,323||
|Legal and professional
Accountancy
fees
Estate agents fees
Sundries||fees|2,300
1,815
7,273
6,765||1,791
1,770
5,364
4,298||
|Depreciation||||130,106|295|119,253|
|Surplus or (deficit)
year|for|the||14,567||13,425|