##
|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|
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|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||
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##
|||||||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|
##
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||||||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:|||||||
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|INVESTM|ENT INCOME|||
|---|---|---|---|
|||2021|2020|
|Iiivestinent|income|3,094|3,282|
|Deposit accollnt interest||5|106|
|||3,099|3,388|
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|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|
##
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|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.|||||
##
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|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|
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|||||||||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|
##
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||||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|
##
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|||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)|