| ~Pa e | |||
|---|---|---|---|
| ,Legal and | Administrative | Information | 1to2 |
| Trustees | Report | 3to 4 | |
| Trustees | Responsibilities | ||
| Report of | the Auditors | 5to 7 | |
| Statement | of Financial Activities | ||
| Balance Sheet | |||
| Notes to the Accounts | 10to 16 |
| Unrestricted | Unrestricted | |||||||
|---|---|---|---|---|---|---|---|---|
| Accumulated | Designated | Endowment | Total | Total | ||||
| income | funds | funds | 2022 | 2021 | ||||
| Notes | 6 | 6 | 6 | 6 | ||||
| INCOME FROM: | ||||||||
| Charitable Activities |
||||||||
| Rents | 37,402 | 37,402 | 31,646 | |||||
| Investments | ||||||||
| Investment income |
2 | 8,815 | 8,815 | 7,884 | ||||
| Other income | ||||||||
| Donation from General Charities |
10,021 | 10,021 | ||||||
| Total incoming resources |
56,238 | 56,238 | 39,530 | |||||
| EXPENDITURE ON: | ||||||||
| Raising Funds | ||||||||
| Investment management |
costs | 463 | ||||||
| Charitable Activities |
||||||||
| Accommodation costs |
3 | 32,982 | 32,982 | 55,250 | ||||
| Governance costs |
4 | 4,527 | 4,527 | 4,116 | ||||
| Total resources expended | 37,509 | 37,509 | 59,829 | |||||
| Net income/ (expenditure) |
before | |||||||
| Investment gains/ (losses) |
18,729 | 18,729 | (20,299) | |||||
| Net Gains/(Losses) on Investment |
assets | (5,217) | (13,519) | (18,736) | 33,032 | |||
| Net income/(expenditure) | being | |||||||
| Net movement in funds |
13,512 | (13,519) | (7) | 12,733 | ||||
| Reconciliation offunds: |
||||||||
| Total funds brought forward |
159,054 | 29,283 | 334,197 | 522,534 | 509,801 | |||
| Total funds carried forward | 11 &13 | 172,566 | 29,283 | 320,678 | 522,527 | 522,534 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 205,775 | 205,775 | ||||
| Investments | 284,167 | 303,946 | ||||
| Total fixed assets | 489,942 | 509,721 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 2,858 | 2,829 | ||||
| Cash at bank | 33,764 | 24,384 | ||||
| Total current assets | 36,622 | 27,213 | ||||
| CREDITORS: Amounts within one year |
falling due | 10 | (4,037) | (14,400) | ||
| NET CURRENT ASSETS | 32,585 | 12,813 | ||||
| NET ASSETS | 522,527 | 522,534 | ||||
| THE FUNDS OF THE | CHARITY | |||||
| Permanent endowment |
funds | 320,678 | 334,197 | |||
| Unrestricted income funds |
201,849 | 188,337 | ||||
| TOTAL FUNDS | 522,527 | 522,534 |
| ACCOMMODATION | COST | S | 2022f | 2021 6 |
|
|---|---|---|---|---|---|
| Repairs and maintenance | 14,513 | 34,785 | |||
| Rates and water charges | 1,605 | 1,551 | |||
| Insurance | 1,285 | 1,199 | |||
| Light and heat | 11,731 | 13,867 | |||
| Support costs - The | General | Charity, | Coventry | 3,825 | 3,825 |
| TV Licences | 23 | 23 | |||
| 32,982 | 55,250 |
| ccommodation | costs relates | solely t | o Unrestricted Income fund |
in the current and preceding | year. |
|---|---|---|---|---|---|
| GOVERNANCE | COSTS | 2022 | 2021 | ||
| Subscriptions | 258 | 171 | |||
| Audit | 2,594 | 2,270 | |||
| Accountancy | 1,000 | 1,000 | |||
| Support costs - | The General | Charity, | Coventry | 675 | 675 |
| Advertising | |||||
| 4,527 | 4,116 |
| FIXEDASSET IN | VESTMENTS | Quoted | |
|---|---|---|---|
| investments | |||
| Market value at 1 January 2022 | 303,946 | ||
| Additions | 63,630 | ||
| Disposals | (64,673) | ||
| Change in market |
value | (18,736) | |
| Market value at 31 December 2022 | 284,167 | ||
| Quoted investments |
at market value comprise: | 2022 | 2021 |
| 6 | |||
| British Government | securities | 10,302 | 12,026 |
| Other UK fixed interest | 12,291 | 12,400 | |
| Overseas fixed interest |
15,939 | 19,655 | |
| Global Equities | 84,708 | 83,682 | |
| Unit trusts | 137,836 | 146,155 | |
| Equity Investment | Instruments | 14,670 | 19,503 |
| Other assets | 8,421 | 10,525 | |
| 284,167 | 303,946 |
| Included in th |
e above are the following representing more |
than 5'%%d ofthe portfolio:- |
|
|---|---|---|---|
| Market | |||
| valuef | |||
| HSBC ETFS | S&P UCITS ETF | 17,037 | |
| DEBTORS | 2022f | 2021 | |
| Rents | 980 | 692 | |
| Prepayments | and accrued income | 1,878 | 2,137 |
| 2,858 | 2,829 |
| for the year ended 31 December 2 | 022 | ||
|---|---|---|---|
| CASH AT BANK | 2022 | 2021 | |
| Current account | 15,527 | 11,484 | |
| Quilter Cheviot | 18,237 | 12,899 | |
| 33,764 | 24,384 | ||
| CREDITORS: Amounts | falling due within one year | 2022 | 2021 |
| Rents | 473 | 1,135 | |
| Accruals | 3,564 | 13,265 | |
| 4,037 | 14,400 |
| Analysis | ofmove | ments in unres |
tricted funds —curren |
t year | ||
|---|---|---|---|---|---|---|
| Balance at | Gains | Losses | Balance at | |||
| 1 January 2022 |
and income |
and ~Cht |
31 December 2022 |
|||
| 6 | 6 | |||||
| Designated | funds: | |||||
| Extraordinary | repair | fund | 13,540 | 13,540 | ||
| Cydical Maintenance | fund | 15,743 | 15,743 | |||
| 29,283 | 29,283 | |||||
| Accumulated | income | 159,054 | 56,238 | (32,705) | 172,566 | |
| 188,337 | 56,238 | (37,205) | 201,849 |
| Analysis of |
movem | ents in unrestri |
cted funds —previous |
year | ||
|---|---|---|---|---|---|---|
| Balance at | Gains | Losses | Balance at | |||
| 1 January 2021 6 |
and incomef |
and ~dit |
31 December 2021 6 |
|||
| Designated | funds: | |||||
| Extraordinary | repair | fund | 13,540 | 13,540 | ||
| Cyclical Maintenance | fund | 15,743 | 15,743 | |||
| 29,283 | 29,283 | |||||
| Accumulated | income | 163,191 | 55,692 | (59,829) | 159,054 | |
| 192,474 | 55,692 | (59,829) | 188,337 |
| Analysis o | net assets between | funds —current year | ||||
|---|---|---|---|---|---|---|
| Inter-fund | Net | |||||
| Fixed | debtors and | current | ||||
| assets 6 |
creditors | assetsf | Totalf | |||
| Endowment | fund | 354,603 | (49,452) | 15,527 | 320,678 | |
| Accumulated | fund | 135,340 | 20,169 | 17,057 | 172,566 | |
| Designated | funds | 29,283 | 29,283 | |||
| 489,943 | 32,584 | 522,527 | ||||
| Analysis of | net assets between | funds —previous year | ||||
| Inter-fund | Net | |||||
| Fixed | debtors and | current | ||||
| assets | creditors | assets | Total | |||
| 6 | 6 | f | ||||
| Endowment | fund | 345,515 | (21,933) | 10,615 | 334,197 | |
| Accumulated | fund | 164,206 | (7,350) | 2,198 | 159,054 | |
| Designated | funds | 29,283 | 29,283 | |||
| 509,721 | 12,813 | 522,534 |
| Total | future minimum lease receivables under non- |
cancellable operating lease are as follows: |
|
|---|---|---|---|
| 2022 | 2021 | ||
| Land | and buildings: | ||
| Within | one year | 2,967 | 3,036 |