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2022-03-31-accounts

Page
Legal and administrative information
Trustees annual report 2-5
Independent
auditor's
report 6-7
Statement offinancial activities
Statement offinancial position
Notes to the accounts 10—14

2022 2021f
Note
INCOIIING RESOURCES
Investment
income
44,913 68,379
Interest Receivable 7 802
Rental Income 289,860 244,823
TOTAL INCOIIING RESOURCES 334,780 314,004
RESOURCES EXPENDED
Costs ofgenerating
funds:
Rental expenses 4 153,298 81,798
Charitable
activities
5 135,500 154,000
Governance
costs
Management
and adminisration
30,458 41,110
TOTAL RESOURCES EXPENDED 319,256 276,908
NET RESOURCES EXPENDED BEFOREASSET DISPOSAL 15,524 37,096
Gains/(Loss)
on disposals of
property assets
Gains/(Loss)
on disposals of
investment assets
NET RESOURCES EXPENDED BEFORE REVALUATIONS 15,524 37,096
Gains/(Loss)
on revaluations
ofproperty assets 1,175,000
Gains/(Loss)
on revaluations
ofinvestment assets 50,452 261,648
NET IIOVEMENT
IN FUNDS FOR THE
YEAR 1,240,976 298,744
Total funds at 1 April 2020 7,212,153 6,913,409
TOTAL FUNDS AT 31 MARCH 2021 8,463,129 7,212,153

2. INYESTNIENT INCONIE
2022 2021
UK quoted investments 44,913 68,379
3. INTEREST RECEIVABLE
2022 2021
F
Interest receivable 802
4. RENTAL EXPENDITURE
2022 2021
Community
charges and general rates
Agent's fees
Repairs and maintenance
Service charges
Light 8 heat and insurance
5,031
40,275
91,018
10,372
6,602
153,298
1,707
30,346
35,373
6,751
7,621
81,798

Grants were made as follows
in the year ended 31
March 2022:
2022
f
11/06/2021 Princess Alice Hospice 3,000.00
11I06/2021 St Gemma's
Hospice
2,Q00.00
11/06/2021 Rowcroft House Foundation 18,000.00
29/07/2021 Katharine
House Hospice
2,500.00
29/07/2021 Beachy Head Chaplaincy Team 10,000.00
29/07/2021 North Northumberland
Hospice
5,000.00
29/07/2021 Interfaith
Scotland
3,000.00
29/07/2021 Britain Yearly Meeting (Quakers) 5,000.00
01/11/2021 Douglas
MacMillan
Hospice
10,000.00
01/11/2021 St Richard's
Hospice
5,Q00.00
01/11/2021 Emmanuel
Church
10,000.00
11/01/2022 The Mary Stevens Hospice 17,000.00
11/01/2022 Phyllis Tuckwell
Memorial
Hospice 15,000.00
14/02/2022 Fareigh Hospice 5,000.00
14/02/2022 Scottish Jewish Archives 5,000.00
31/03/2022 Corby 8, District Cancer Care 14,000.00
31/03/2022 St Ethelburga's 6,000.00
Total 135,500.00

ERNANCE
C
OST S
2022 2021
Management and administration costs
Professional
Accountancy
Audit fees
and legal fees
fees
2,637
2,364
2,820
12,818
2,464
2,600
Staff salaries
Pension
17,945
318
17,633
318
Travel, stationery, postage and office expenses 4,374
30,458
5,277
41,110

STAFF STAFF
The average number ofperson's employed during the year was 1 (2021-1)
2022 2021
Staff costs were as follows:
Staff salaries 16,844 16,885
Social security costs 1,101 748
17,945 17,633
No Employee
or Trustee received
emoluments above 660,000.
TANGIBLE FIXEDASSETS
2022 2021
Freehold and leasehold investment property
As at 1 April 2021 6,147,500 4,880,000
Additions 1,267,500
Disposals
Revaluations 1,175,000
Balance as at 31 March 2022 7,322,500 6,147,500

2022 2021
F
Investments Valuation
Market value as at 1 April 2021 1,018,026 1,311,378
Additions
Disposals
Revaluations 50,452 (293,352)
Market value as at 31 March 2022 1,068,478 1,018,026
13

Charity
he
ld the foll owing
mat
erial
UK investment
portfolios as at 31 Ma
2022
Material UK Investments
Cazenove Income Maximiser Fund 212,466
Cazenove Charity Multi-Asset Fund 853,017
Market value as at 31 March 2022 1,068,478

2022 2021
Trade debtors 525 2,404
Loans to charities
Other debtors 6,000 5,000
6,525 7,404

2022 2021
Social security 8 other taxes
Pension
226
62
(5)
804
Accruals 4,000 4,000
4,288 4,799