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2021-12-31-accounts

Report ofthe Trustees 1 to 2
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 6 to ]1
Detailed Statement ofFinancial Activities 12 to 13

Principal
address		 Principal
address
Citadel House
58 High Sircct
I-lull
East Yorkshire
HU1 IQE
Trustees
J BWard Chaii man
N H Brougham
Mrs A Merrill.
Mrs SLFggleston
SDcas
Independent Esaminer
Harris Laccy and Swain
Suite
l
The Riverside Building
Hesslc
East Uorkshire
HU13 ODZ

202l 2020
Unrestricted Restricted Totial Total
fund fun(Is funds funds
Notes
1NCOMF. AND FNDOWMKN'1 S FROM
Dunatiuns and legacies 63,234 63,234 60,355
Investment income 3,099 3,099 3,388
Total 66,333 66,333 63,743
EXPENDITURE ON
Charitable activities
Charitable acuvitics 51,989 51,989 68,617
Ot.her 2„797 2,797 3,572
Total 54,786 54,786 72,Ii89
I%et gains/(losses)
un invcstmcnts		 7,06 I 7,061 (6,329)
NET INCOME/(EX I'END ITURE) 186()8 I i8,608 (14„775)
RECOIVCILIATION OF FUNDS
Total lunds brought forward 232,117 734,P)7 ')67,014 981,789
TOTAL FUNDS CARRlED FORWARD 250,725 734,897 985,622 967,014

2021 2020
Unrestricted Restricted Total Total
fund funds funds funds
Notes
FIXKDASSETS
Tangible assets 75,837 734,897 810,734 810,734
Investments 85,469 85,469 78,408
161,306 734,897 896s203 889,142
CURRENT ASSETS
Cash at bank 92,434 92,434 81,517
CREDITORS
Amounts
falling due within one year		 (3,015) (3,015) (3,645)
NKT CURRENT ASSETS 89,419 89,419 77,872
TOTAL ASSETSLESSCURRENT LIABILITIES 250,725 734,897 985,622 967,014
250,725 734,897 985s622 967,014
FUNDS
Unrestricted
funds		 250,725 232,117
Restricted. funds 734,897 734,897
TOTAL FUNDS 985,622 967.014
The financial
statements		 werc aPPro ed by the Board ofTrustees snd authorised for issue on +sr....~&@(...Hdtkeshdnd
ere
signed on its behalf by:

INVESTM ENT INCOME
2021 2020
Iiivestinent income 3,094 3,282
Deposit accollnt interest 5 106
3,099 3,388

COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 60,355 60,355
Investment
income		 3,388 3,388
Total 63,743 63,743
EXPENDITURE ON
Charitable
activities
Charitable
activities		 68,617 68,617
Other 3.572 3,572
Total 72,189 72,189
Net gains/(losses)
on investments		 {6,329) (6,329)
NET INCOME/(EXPENDITURE) (14,775) (14,775'1
RECONCILIATION OF FUNDS
Total funds brought forward 246,892 734,897 981,789
TOTAL FUNDS CARRIED FORWARD 232.117 734,897 967,014

TANGIBLE FIXEDASSETS
Freehold
propn ly
COST
At 1 Januaty 2021 and 31 Deccmbcr 2021 810,734
NKT BOOKVAI.UK
At 31Dccernber 2021 810.734
At 31 December 2020 810,734
FlXED ASSKT INVEST MENTS
lnvcstmcnts
f.
MARKET VAI, UE
At
1 .Ianualy 2021		 78,408
Revaluations 7,061
At 3 l Dcccmbcr 2021 85,469
NET BOOK VALUE
At 3 l Dcccntbcr 2021 85,469
At 31 Dcccmbcr 2020 78,408
There were no investment assets outside the IJK.
Cost or valuation at 31 December 2021 is represented by:
lnvcstments
Valuat.ion in 2021 85,469
Iuvcsunents
consist of93,767MRG Charity Multi Asset Income shares, at an original cost off27,935.

7. CREDITORS : AM OUNT S F ALLINC DUE WIT HIN ONE YEAR
2020
f.
Bank loans and overdraAs (seenote 8) 2,625
Other creditors 3,015 1,020
3,015 3,645
8. LOANS
An analysis of the maturiiy ofloans is given below:
2021 2020
Amounts
falling due		 within one year on demand:
Bank loans 2,625
9. MOVEMENT IN FUNDS
Net
movement At
At 1.1.21 in funds 31.12.21
Unrestricted
funds
General fund 232,117 18,608 250,725
Restricted funds
Restricted Capital Fund 734,797 734,797
LHickson Memorial Fund 100 100
734,897 734,897
TOTAL FUNDS 967,014 18,608 985,622
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
f.
Unrestricted
funds
General fund 66.333 (54,786) 7,061 18,608
TOTAL FUNDS 66,333 (54,786) 7,061 18,608

Nct
movemcnt At
At 1.1.20 in funds 31.12.20
I;
Unrestricted funds
General fund 246,892 (14,775) 232.117
Rcstrictcd funds
Restricted Capital I und 734,797 734,797
LHickson Mctnoriai I'und 100 100
734,897 734,897
TOTAL FUNDS 981,789 (14,775) ')67,014
Comparative nct movcmcnt in htnds, included in thc above, are as follows:
htcoming Resources Ciaius
unl		 Movclllent
I'csioufccs cspcndcd losses in lunds
Unrestricted funds
Ocneral fund 63,743 (72,189) (6,32') ) (14,775 )
TOTAL FUNDS 63,743 (72,189) (6,32') ) (14,775)
Nct
movcmcnt At
At 1.1.20 in funds 31.12.21
Unrestricted
funds
Cieneral
lund		 246,892 3,833 250,725
Restricted t'unds
Rcslricted Capital Fund 734,797 734,797
L11ickson Memorial Fund 100 100
734,897 734,897
TOTAL FUNDS 981,789 '3&833 985,622

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 130,076 (126,975) 732 3,833
TOTAL FUNDS 130,076 (126,975) 732 3,833
10. RELATED PARTY DISCLOSURES

2021 2020
INCOMF. AND ENDOWMFNTS
Donations
and legacies
Contributions
from residents		 63,234 60,355
Invcstmcnt
income
Investment
income		 3,0')4 3,282
Deposit account interest 5 106
3,099 3,388
Total incoming
resources		 66,333 63,743
EXPENDITURE
Charitable
activities
Water 1,980 1,879
Insurance 2,423 2„372
Lit'c linc charges 4,285 4,285
(iss '),363 8,877
I'.lcctricity
Rcpittfs
trit&i fcncwtlls
CI;trdcn upkeep
Tclcphone		 3,485
19,799
3,410
654		 3,732
38,967
2,094
368
Donations 40
45,439 62,574
Other
Advertising
Sundry
Expenses
Prol'essional
I'ees		 100
402
2,295		 100
309
3,163
2,797 3,572
Support costs
Management
Postage and stationery		 269 308
Finance
Bank charges
Governance
costs
Telephone
Carried forward		 109
109		 530
530

2021 2020
Covernancc costs
Brought fonvard 109 530
Accountancy and legal fees 1,020 1,020
Honorarium 5,000 4,000
Motor Expenses 152 172
6.281 5,722
Total resources expended 54,786 72,189
Vet incomel(expenditure) 11,547 (8,446)