| ~ a |
~ ~ | |||
|---|---|---|---|---|
| Description ofthe charity's trusts | ||||
| Type of governing | document | Trust Deed | ||
| (eg. trust deed, constitution) | ||||
| How the charity is constituted | ||||
| (eg. trust, association, | company) | |||
| Appointed | bY the existing Trustees | |||
| (eg. appointed by, |
elected by) | |||
| Additional governance |
issues (Optional | information) |
| The charity aims to hold reserves covering a year's | The charity aims to hold reserves covering a year's | worth | ofrepairs and | ofrepairs and | ||||
|---|---|---|---|---|---|---|---|---|
| Briefstatement | ofthe | administration costs. The charity considers that maintenance |
costs can | |||||
| charity's | policy | on reserves | reasonably be expected to be covered by the maintenance |
contribution | ||||
| and rent from the tenants. Additional |
reserves are | held to | pay | for longer | ||||
| tern & irregular repair Lmaintenance |
requirements | which | fall | outside of | ||||
| the scope ofgeneral cyclical repairs. |
||||||||
| Free reserves at the end ofthe year stood atf274,997(2020:f233,273), with net assets at f453,041 2020:f411,318. |
||||||||
| Details ofany funds materially | ||||||||
| in deficit | ||||||||
| Further financial | review details | (Optional information) |
||||||
| You may | choose to include | |||||||
| additional | information, | where | ||||||
| relevant | about: |
| ~ | ~ | ~ | ~ ~ |
~ | ~ | ~ | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | ||||||||||||||
| Categories | Details | funds | funds | funds | ||||||||||||
| to nearest 5 | to nearest 5 | to | nearest 5 | |||||||||||||
| 81Cash funds | Business account | 37,041 | ||||||||||||||
| Closing balance held by property | ||||||||||||||||
| managamshlcompany | 100 | |||||||||||||||
| Total | cash | funds | 37,231 | |||||||||||||
| (agree | balances | wth receipts acd payments | ||||||||||||||
| acccuctc)) | ||||||||||||||||
| Unrestricted | Restricted | Endowment | ||||||||||||||
| funds | funds | funds | ||||||||||||||
| Details | Ionearest 5 | to nearest 8 | Io | nearest 5 | ||||||||||||
| 82 Other monetary assets | ||||||||||||||||
| 83Investment | assets | Details M5G Charity |
Multi | Asset Income | Fund to which asset bslon s uh/cst/icled |
0 | I( | I | 0 | Gun»nt value 0 ollal 9,170 |
||||||
| M3G Charity | Multi | Asset Accumulation | unrestricted | 220,500 | ||||||||||||
| 84Assets retained for | the | Details Almshouses |
Fund to which asset balan a Restricted |
0 | o | o | I) | Current value o anal 104,532 |
||||||||
| charity's | own use | Almshouses | Un/estrided | 13,513 | ||||||||||||
| 65Liabilities | Details | Fund to which liabili relates |
Amount due o 5onal |
When due o iona) |
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| Signed by one or two trustees | on | Signature | Print Name | Date of | ||||||||||||
| behalf ofag | the trustees | a | val | |||||||||||||
| ~~~ | fttuggFC~MW | Amends Bathurst |
03/11/2023 | |||||||||||||
| n | Graeme Manton | 03/1 | 1/2023 |