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|Lega
I and|Administrative|Information||
|Trustees'|Report|||
|Statement|ofTrustees'|Responsibilities||
|Report of|the Independent
Examiners|||
|Statement|of Financial|Activities||
|Balance Sheet||||
|Notes to the Financial Statements||||
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|||||||||
|---|---|---|---|---|---|---|---|
|Charity number|||229394|||||
|Principal|address||Upper Beeding|||||
||||Steyning|||||
||||West Sussex|||||
||||8N44 3TF|||||
|Independent||Examiner|Mark Cummins||FCCA|||
||||TC Group|||||
||||The Courtyard|||||
||||Shoreham
Road|||||
||||Upper Beeding|||||
||||Steyning|||||
||||West Sussex|||||
||||8N44 3TN|||||
|Bankers|||Barclays Bank|Pic||||
||||139North Street|||||
||||Brighton|||||
||||East Sussex|||||
||||BN1 1RU|||||
|Solicitors|||Dean Wilson|LLP||||
||||Ridgeland
House|||||
||||165 Dyke Road|||||
||||Brighton|||||
||||East Sussex|||||
||||BN3 1TL|||||
|Investment||advisors|Greenbank
Rathbone|||investment|Management|
||||8 Finsbury
Circus|||||
||||London|||||
||||EC2M 7AZ|||||
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|||||Note|UNRESTRICTED|DESIGNATED|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|
||||||FUNDS|FUNDS|2022|2021|
||||||||(11MONTHS)|(16MONTHS)|
|||||||E|6|E|
|INCOME FROM:|||||||||
|Donations
and|legacies||||56,383||56,383|126,202|
|Other trading|activities||||45,722||45,722|50,355|
|Investments|||||12,736|787|13,523|25,687|
|Other income|||||21,514||21,514|40,423|
|Total income|||||136,355|787|137,142|242,667|
|EXPENDITURE|ON:||||||||
|Raising funds|||||11,125||11,125|53,966|
|Charitable
act|vittles||||241,187||241,187|372,035|
|Total expenditure|||||252,312||252,312|426,001|
|Net income/(expenditure)
transfers
and investment|||before
gains/(losses)||(115,957)|787|(115,170)|(183,334)|
|Gains/(losses)|on investments|||12|(64,782)||(64,782)|77,632|
|Net income/(expenditure)|||and||(180,739)|787|(179,952)|(105,702)|
|movement
in|funds||||||||
|Fund balances|brought|forward|||3,516,329|596,782|4,113,111|4,218,813|
|Fund balances|carried|forward||14|3,335,590|597,569|3,933,159|4,113,111|
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|NET INCOME|/(EXPENDITURE)|/(EXPENDITURE)|||
|---|---|---|---|---|
|This is stated|after charging:||2022|2021|
|Depreciation|||130,172|174,554|
|Independent|examiners|fees|2,700|2,400|
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|6|INCOME F|ROM|DONATIONS
AND|LEGACIES||||
|---|---|---|---|---|---|---|---|
|||||UNRESTRICTED|DESIGNATED|TOTAL|TOTAL|
|||||||2022|2021|
|||||||f|f|
||Donations
and
Sisters pension||gifts (including
benefits)|56,383||56,383|126,202|
|||||56,383||56,383|126,202|
|7|INCOME FROM||OTHER TRADING|ACTIVITIES||||
|||||UNRESTRICTED|DESIGNATED|TOTAL|TOTAL|
|||||||2022|2021|
|||||||E|E|
||Lettings income||—school premises|45,722||45,722|50,355|
|||||45,722||45,722|50,355|
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|||UNRESTRICTED|UNRESTRICTED|DESIGNATED|DESIGNATED|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||f|||f|f|
|Dividends
from listed investments|||10,703|||10,703|11,985|
|Interest receivable|||2,033||787|2,820|13702|
||||12,736||787|13,523|25,687|
|9ANALYSIS OF EXPENDITURE||||||||
|||STAFF|DEPRECIATION||OTHER|TOTAL|TOTAL|
|||COSTS|||COSTS|2022|2021|
|||f||f|f||f|
|Cost of raising funds:||||||||
|Financing costs|||||11,125|11,125|53,966|
|Total cost of raising funds|||||11,125|11,125|53,966|
|Charitable
expenditure:||||||||
|Education||||||||
|Teaching||||||||
|Welfare|||||71,776|71,776|81,587|
|Premises||||130,172|30,337|160,509|262,732|
|Support and governance|||||8,902|8,902|27,716|
|Total charitable|expenditure|||130,172|111,015|241,187|372,035|
|Total expenditure||||130,172|122,140|252,312|426,001|
|Analysis of|support|and|governance|costs:|TOTAL|TOTAL|
|---|---|---|---|---|---|---|
||||||2022|2021|
|Governance|costs:||||||
|Independent|examiners||fees||2,700|2,400|
|Total governance
costs|||||2,700|2,400|
|Other support costs|||||6,202|25,316|
||||||8,902|27,716|
||||||||(16MONTHS)|
|---|---|---|---|---|---|---|---|
|||||Note|UNRESTRICTED|DESIGNATED|TOTAL|
||||||FUNDS|FUNDS|2021|
||||||f|f|f|
|INCOME FROM:||||||||
|Donations
and|legacies||||126,202||126,202|
|Grants||||||||
|Other trading|activities|||8|50,355||50,355|
|Investments||||9|23,402|2,285|25,687|
|Charitable
activities||||10||||
|Other income|||||40,423||40,423|
|Total income|||||240,382|2,285|242,667|
|EXPENDITURE|ON:|||||||
|Raising funds|||||53,966||53,966|
|Charitable
activities|||||372,035||372,035|
|Total expenditure|||||426,001||426,001|
|Net income/(expenditure)
transfers
and investment|||before
gains/(losses)||(185,619)|2,285|(183,334)|
|Gains/losses
on investments||||15|77,632||77,632|
|Net income/(expenditure)|||||(107,987)|2,285|(105,702)|
|Transfers
between
funds||||20||||
|Net movement|in funds||||(107,987)|2,285|(105,702)|
|Fund balances|brought|forward|||3,624,316|594,497|4,218,813|
|Fund balances|carried forward|||21|3,516,329|596,782|4,113,111|
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|11|TANGIBLE FIXED ASSETS||||
|---|---|---|---|---|
|||FREEHOLD|MOTOR|TOTAL|
|||PROPERTY|VEHICLES||
|||E|E||
||Cost||||
||At 1January 2022|4,974,404|11,551|4,985,955|
||Additions||12,830|12,830|
||Disposals||(11,551)|(11,551)|
||At 31 December 2022|4,974,404|12,830|4,987,234|
||Depreciation||||
||At 1January 2022|2,404,628|10,130|2,414,758|
||Charge for year|127,678|2,494|130,172|
||Eliminated
on disposal||(10,219)|(10,219)|
||At 31December 2022|2,532,306|2,405|2,534,711|
||Net BookValue||||
||At 31December 2022|2,442,098|10,425|2,452,523|
||At 31December 2021|2,569,776|1,421|2,571,197|
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|||2022|2021|
|---|---|---|---|
|||E|E|
|Fair value||||
|At 1January 2022||496,898|300,621|
|Additions||65,565|193,404|
|Disposals||(69,607)|(77,401)|
|IJnrealised|gains/(losses)|(60,395)|80,274|
|At 31December 2022||432,461|496,898|
|Analysis|of investments|TOTAL|TOTAL|
|TOTAL|TOTAL|
|---|---|
|2022|2021|
|E|E|
|432,461|496,898|
|407,695|300,621|
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|CREDITORS: due within one vear|||
|---|---|---|
||2022|2021|
|Accruals|2,717|5,885|
||2,717|5,885|
||AT 1JANUARY|INCOME|EXPENSES|GAINS/|AT 31|
|---|---|---|---|---|---|
||2022|||(LOSSES)|DECEMBER|
||||||2022|
|General reserves|3,516,329|136,355|(252,312)|(64,782)|3,335,590|
|Aged Sisters Fund|596,782|787|||597,569|
||4,113,111|137,142|(252,312)|(64,782)|3,933,159|
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|NALYSIS OF NET ASSETS BETWEEN FUND|S|||
|---|---|---|---|
||UNRESTRICTED|DESIGNATED|TOTAL|
||FUNDS|FUNDS||
|Fixed assets|2,884,984||2,884,984|
|Current assets|453,323|597,569|1,050,892|
|Creditors: less than one year|(2,717)||(2,717)|
||3,335,590|597,569|3,933,159|
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