| Report of'the Trustees | ||
|---|---|---|
| ,Independent Examiner's |
Report | |
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | ||
| Detailed Statement ofFinancial | Activities |
| fo | r tbe Year | Ended 30June 2 | 022 | |||||
|---|---|---|---|---|---|---|---|---|
| 30.6.22 | 30.6.21 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | fund | funds | funds | |||||
| Notes | E | |||||||
| INCOME | AND ENDOWMENTS FROM | |||||||
| Other trading activities | 29.824 | 29,824 | 34,086 | |||||
| investmcnt | income | 14,913 | 14,913 | 78,734 | ||||
| Total | 44,737 | 44,73'/ | 112,820 | |||||
| EXPENDITURE | ON | |||||||
| Other, | 39,259 | 39,259 | 28,180 | |||||
| Nct gains | on investinents | 50,000 | 50,000 | |||||
| NET INCOME | 5,478 | 50,000 | 55,478 | 84,640 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds:brought | forward | 51.1,960 | 500,000 | l,oil, 960 | 927,320 | |||
| TOTAL | FUNDS | CARRIED FORWARD | 517,438 | 550,000 | 1,067,438 | 1,011,960 |
| 30.6.22 | 30.6.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| FIXEDA'SSETS | |||||
| Investments | |||||
| Investments | 431,772 | 431,712 | 417.478 | ||
| Investment property |
550,000 | 550,000 | 500,000 | ||
| 431.772 | 550,000 | 981,772 | 917,478 | ||
| CURRENT ASSETS | |||||
| Debtors | 509 | 509 | 417 | ||
| Cash at bank | 88,758 | 88,758 | 96,861 | ||
| 89,267 | 89,267 | 97,278 | |||
| CREDITORS | |||||
| Amounts falling due within onc year |
(3,601) | (3,601) | (2,796) | ||
| NET CURRENT ASSETS | 85,666 | 85,666 | 94,482 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 517,438 | 550,000 | 1;067,438 | 1,011,960 | |
| 'NET ASSETS | 517.438 | 550,000 | 1,067,438 | 1,011,960 | |
| FUNDS | |||||
| Unrestricted funds |
517,438 | 511,960 | |||
| Restricted funds |
550,000 | 500.000 | |||
| TOTAL FUNDS | 1,067,438 | 1,011,960 |
| OTHERT | R | ADING ACTIVITIES | ||
|---|---|---|---|---|
| 30.6.22 | 30.6.21 | |||
| Maintenance | contributions | 29,824 | 34,086 | |
| INVKSTMKNT INCOAIE | ||||
| 30.6.22 | 30.6.21 | |||
| Dividends | received - COIF | 17,216 | 15,924 | |
| Dividends | Received - BlackRock | 92 | 107 | |
| Deposit account interest | 127 | 27 | ||
| Revaluation | - ERF | (595) | 56,671 | |
| Revaluation | —accumulation | (772) | 4,339 | |
| Revaluation | -income | (1;155) | 1;666 | |
| 14,913 | '78,734 |
| Listed | ||||
|---|---|---|---|---|
| investments | ||||
| MARKET VALUE | ||||
| At,l July 2021 | 417,478 | |||
| Additions | 16,816 | |||
| Revaluations | (2,522) | |||
| At 30June 2022 | 431.772 | |||
| NET BOOK VALUE' | ||||
| At 30June 2022 | 431,772 | |||
| At 30June 2021 | 417..478 | |||
| There were no investment | asse}soutside the VK. | |||
| Cost or valuation | at 30June 2022 is represented | by: |
| Listed | |||
|---|---|---|---|
| investments | |||
| Valuation | in | 2022 | (2,522) |
| Cost | 434.294 | ||
| 431,772 |
| for the Year Ended 30June 20 | for the Year Ended 30June 20 | for the Year Ended 30June 20 | 22 | |||
|---|---|---|---|---|---|---|
| 7. | DEBTORS, AMOUNTS FALLING DUE IVITHIN OiVK YEAR | |||||
| 30.6.22 | 30.6.21 | |||||
| Other debtors | 509 | 417 | ||||
| 8. | CRED1TORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 30.6.22 | 30.6.21 | |||||
| Trade creditors | 3,601 | 2,796 | ||||
| 9. | MOVEMENT | lN FUNDS | ||||
| Net | ||||||
| movement | At | |||||
| At 1.7.21 | in funds | 30.6.22 | ||||
| f. | ||||||
| Unrestricted | funds | |||||
| Extraordinary | repair | ,371,902 | 16,221 | 388,123 | ||
| incotne | 42,538 | (10,098) | 32,440 | |||
| Accumulation | 28,385 | (772) | 27.613 | |||
| Cyclical maintenance | 69,135 | 127 | 69,262 | |||
| 511,960 | 5,478 | 517,438 | ||||
| Restricted funds |
||||||
| Land and Buildings | 500,000 | 50,000 | SS0,000 | |||
| TOTAL FUNDS | 1,011,960 | 55,478 | 1,067,438 | |||
| Net movement | in funds, mcluded | in the above are as follows: | ||||
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| f. | ||||||
| Unrestricted | funds | |||||
| Extraordinary | repair | 16,221 | 16,221 | |||
| income | 29,161 | (39,259) | (10,098) | |||
| Accumulation | (772) | (772') | ||||
| Cyclical.maintenance | 127 | 127 | ||||
| 44,737 | (39,259) | 5,478 | ||||
| Restricted funds |
||||||
| Land and Buildings | 50,000 | 50,000 | ||||
| TOTAL FUNDS | 44,737 | (39,259) | 50,000 | 55,478 |
| Net | ||||
|---|---|---|---|---|
| movement | ||||
| At 1.7.20 | in funds | 30.6.21 | ||
| f | ||||
| IJnrcstricted | funds | |||
| Extraordinary | repair | 299,698 | 72;204 | 371,902 |
| Income | 34,468 | 8,070 | 42,538 | |
| Accumulatiou | 24,046 | 4,339 | 28,385 | |
| Cyclical maintenance | 69,108 | 27 | 69,135 | |
| 427,320 | 84.640 | S.l 1,960 | ||
| Restricted funds |
||||
| Land and Buildings | 500,000 | 500,000 | ||
| TOTAL FUNDS | 927,320 | 84,640 | 1,011,960 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | ,expended | in funds | ||
| Unrestricted | funds | |||
| Extraordinary | repair | 72,204 | 72.204 | |
| Income | 36,250 | (28,180) | 8,070 | |
| Accumulation | 4,339 | 4,339 | ||
| Cyclical maintenance | 27 | 27 | ||
| ]]2,820 | (28.180) | 84,640 | ||
| TOTAL FUNDS | 112,820 | (28,180) | 84,640 |
| Detailed Statement ofFinancial Activities | |||
|---|---|---|---|
| for the Year Ended 30June 2022 | |||
| 30.6.22 | 30.6.21 | ||
| f | |||
| INCOME AND ENDOWMENTS | |||
| Other trading activities |
|||
| h4aintenance contributions |
29,824 | 34,086 | |
| Investment income |
|||
| Dividends teceived - COIF |
17,216 | 15,924 | |
| Dividends' Received - BlackRock |
92 | 107 | |
| Deposit account interest | 127 | 27 | |
| Revaluation. —ERF |
(595) | 56,671 | |
| Revaluation —accumulation |
(772) | 4,339 | |
| .Revaluation - income |
(1,155'1 | ],666 | |
| 14,913 | 78,734 | ||
| Total inconung resources |
44,737 | 112,820 | |
| EXPENDITURE | |||
| Other | |||
| Handyman | 909 | 558 | |
| Accountancy | 886 | 946 | |
| Sundries | 369 | 90 | |
| Gas and electricity | 11,198 | 8,803 | |
| Almshouse insurance policy |
1,253 | 1,216 | |
| Cleaning and maintenance |
15,273 | 7,7]0 | |
| Rates and, water' | 2,457 | 1,351 | |
| Warden's salary |
4,914 | 4,867 | |
| Administrative charges |
2,000 | 2,639 | |
| 39,259 | 28,180 | ||
| Total resources expended | 39,259 | 28, I80 | |
| Net income | 5,478 | 84,640 |