| Title Page | |||
|---|---|---|---|
| Contents | |||
| Reference and administrative | details | ||
| Report ofthe | Trustees | 4-8 | |
| Report ofthe | Independent | Examiner | |
| Statement of | Financial Activities | 10 | |
| Balance Sheet | |||
| Notes forming | part ofthe financial statements | 12-18 |
| Unrestricted | Unrestricted | Restricted | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds- | Funds- | Funds | Total | Total | |||||
| General | Designated | 2021 | 2020 | ||||||
| Nate | E | E | E | E | |||||
| income from | |||||||||
| Contributions &Schedules |
50 | 23,944 | 23,994 | 27,287 | |||||
| Gift Aid | 13 | 4,348 | 4,361 | 5,067 | |||||
| Legacies | 500 | 500 | 21,517 | ||||||
| Roam Hire | 12,624 | 12,624 | 12,284 | ||||||
| Bank Interest Received | 332 | 332 | 956 | ||||||
| investment Income |
730 | 730 | 947 | ||||||
| Rental Income | 1.321 | 52,682 | 54,003 | 41,895 | |||||
| Coronavirus lob Retention |
Scheme | 1,900 | |||||||
| Other | 33 | 495 | 528 | 27 | |||||
| Totallncome | 12 | 428 | 43,232 | 53,412 | 97,072 | 111,880 | |||
| Expenditure an: |
|||||||||
| Raising Funds | |||||||||
| Costs relating to Investment | Properties | 187,335 | 187,335 | 9,009 | |||||
| Chaditable activities: |
|||||||||
| Grants Payable | (3,884) | 1,559 | (2,325) | 11,761 | |||||
| Other Direct Charitable | Expenditure | 1,235 | 697 | 1,932 | 1,615 | ||||
| Other expenditure | |||||||||
| Support and governance | 5&6 | 5,928 | 18,422 | 36,391 | 60,741 | 43,948 | |||
| Totalexpenditure | 12 | 7,163 | 15,235 | 225,285 | 247,683 | 66,333 | |||
| Net interne / (expenditure) |
(6,735) | 27,997 | (171,873) | (150,611) | 45,547 | ||||
| Unrealised Gain/(Loss) |
an | Investment | assets | 12 | 941 | 941 | (9,226) | ||
| Unrealised Gain on Fixed Assets & |
|||||||||
| Investment Properties |
9 Ik 10 | 648 917 | 648917 | 522 566 | |||||
| Net Movement in Funds |
(6,735) | 27,997 | 477,985 | 499,247 | 558,887 | ||||
| ileconciliation offunds |
|||||||||
| Fund balances brought | forward | 12 | 300,322 | 219,747 | 10,951,823 | 11,471,892 | 10,913,005 | ||
| Fund balances carried forward | 12 | 293,587 | 247,744 | 11,429,808 | 11,971,139 | 11,471,892 |
| Note | 2021 | 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| E | E | ||||||||||
| Fixed Assets | |||||||||||
| Tangible Assets | 8,126,987 | 8,138,941 | |||||||||
| Investments | |||||||||||
| Investments | 10 | ||||||||||
| COIF Deposits | 6,858 | 6,858 | |||||||||
| COIF Ethical | Income | Units | 5,089 | 5,088 | |||||||
| Fdiends Provident | Stewardship | 4,919 | 4,337 | ||||||||
| Charifund income |
Units | 3,112 | 2,754 | ||||||||
| Bank Deposit | 1,872 | ||||||||||
| 19,978 | 20,909 | ||||||||||
| Property | 10 | 3,377,345 | Z,716,474 | ||||||||
| 3,397,323 | 2737 383 | ||||||||||
| 11,524,310 | 1D,876,324 | ||||||||||
| Current Assets | |||||||||||
| Cash at bank & in | hand | 457,105 | 590,674 | ||||||||
| Debtors - Gift | Aid, | rent | 7,015 | 6,921 | |||||||
| Prepayments | &accrued income | 143 | 728 | ||||||||
| 464,263 | 598,323 | ||||||||||
| Liabgitles | |||||||||||
| Creditors: amounts | falling | due within | one year | 17,434 | 2,754 | ||||||
| 17,434 | 2,754 | ||||||||||
| Net Current Assets | 446,829 | 595,569 | |||||||||
| Total Assets less | Current | Liabgities | 11,971,139 | 11,471,893 | |||||||
| Reserve Funds | 12 | ||||||||||
| unrestdicted | 257,194 | 300,322 | |||||||||
| Designated | 247,745 | 219,747 | |||||||||
| Restricted | 76,595 | 75,500 | |||||||||
| Property Fund, restricted |
- revaluation | reserve | 11,367,755 | 10,855,415 | |||||||
| Investment | Fund, restricted | 21,850 | ZD,909 | ||||||||
| Total Funds | 13 | 11,971,139 | 11,471,893 |
| Investment Costs |
2021 | 2020 | |
|---|---|---|---|
| Property Management | Fees | 6,690 | 3,021 |
| Repairs | 799 | 641 | |
| Building Refurbishments | 179,846 | 5,347 | |
| 187,335 | 9,009 | ||
| Grants Payable | 2021 | 2020 | |
| Donations | 2,325 | 11,761 | |
| 2,325 | 11,761 |
| Other Direct | Char'itable | Expenditure | 2021 | 2020 |
|---|---|---|---|---|
| Quaker Conferences | 115 | 80 | ||
| Library &Literature | 230 | 102 | ||
| Outreach | 1,017 | 1,122 | ||
| Travel Costs | 569 | 2 | ||
| Other Costs | ofQuaker Actwities | 309 | ||
| 1,931 | 1,615 | |||
| Support Costs | 2021 | 2020 | ||
| Wages | 9,857 | 9,886 | ||
| Examination | Fee | 1,794 | 1,848 | |
| Accounting | 260 | 165 | ||
| Repairs and Maintenance | 28,329 | 13,607 | ||
| Equipment &Furniture |
98 | |||
| Insurance | 10,541 | 10,483 | ||
| Utilities | 6,285 | 4,815 | ||
| Rent &Council charges | 1,527 | 1,476 | ||
| Print, Post & | Stationery | 1,393 | 695 | |
| Bank Charges | 177 | 62 | ||
| Other Costs of Quaker activities | 120 | 135 | ||
| 60,381 | 43,172 |
| Governance | Costs | 2021 | 2020 |
|---|---|---|---|
| Trustees Travel (k Training | 415 | ||
| Subscriptions | 362 | 361 | |
| 362 | 776 |
| 8 | Staff costs | 2021 | 2020 | |
|---|---|---|---|---|
| Wages and | salaries | 9,857 | 9,886 | |
| Employers | NIC | |||
| 9,857 | 9,886 |
| 2021 | 2020 | |
|---|---|---|
| Employees | 3 | 3 |
| 9 | Tangible fixed assets | ||||
|---|---|---|---|---|---|
| Assets for use by the charities | Freehold land |
||||
| and buildings | Contents | Total | |||
| E | 6 | f | |||
| Net Book Value | |||||
| At 1January 2021 | 7,905,061 | 233,880 | 8,138,941 | ||
| Transfer to investment | properties | (464,405) | (5,343)- | 469,748 | |
| Revaluation | 446,362 | 11,432 | 457,794 | ||
| At 31December 2021 | 7,887,018 | 239,969 | 8,126,987 |
| Investment Funds |
(all | restricted) | |||
|---|---|---|---|---|---|
| Original Bequest |
Property | Value | |||
| Buildings Fund |
|||||
| BEMMJJMH* Fund | COIF Deposit | 127 | |||
| BEMMJJMH Fund | 6462.02 COIF Ethical Income Units | 462 | |||
| Badsey Ik Evesham | Land Fund | COIF Deposit | 4,419 | ||
| W BGibbins Fund |
6200 Charifund | Income Units |
3112 | ||
| Travel ik Overseers | Fund | ||||
| The Grafton Charity | E4626.52 COIF | Ethical income Units | 4,627 | ||
| The Grafton Charity | COIF Deposit | 1,427 | |||
| The Grafton Charity | E3,286.57 Friends Prov. Stewd. | 4,919 | |||
| Cadbury Memorial |
Fund | COIF Deposit | 885 | ||
| Value of Investments | at31December | 2021 | 19,978 | ||
| Value ofInvestments | at 31December | 2020 | 20,909 | ||
| Gain during the year | f931) | ||||
| Historical cost at31December 2021 | Nil |
| Investment Properties |
|||
|---|---|---|---|
| Held for investment return |
(29 Cowl St., Sibford Cottage, Sibford Mission | Room, Shipston MH, |
|
| 35 Maidenhead Rd, 28 |
Cowl | St.) | |
| Net BookValue | E | ||
| At 1January 2021 | 2,716,474 | ||
| Transfer from tangible | fixed | assets | 469,748 |
| Revaluation | 191,123 | ||
| At31December 2021 | 3,377,345 |
| 11 | Creditors | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Rent deposits | held | 1,200 | 200 | ||
| Amounts | owed to Britain Yearly Meeting | ||||
| Accruals | 16,234 | 2,554 | |||
| 17,434 | 2,754 |
| Statement ofFunds | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Opening | Closing | |||||||||
| Balance | Transfer | Income | Expendit- | Investment | Re- | Balance | ||||
| 01-jan-21 | ure | Gain | valuation | 31-Dec-21 | ||||||
| Restricted Funds |
||||||||||
| Investment Fund |
20,909 | 941 | 21,850 | |||||||
| Buiidmgs Fund |
36,391 | 53,412 | (87,149) | 2,654 | ||||||
| Travel 8 Overseers | Fund | |||||||||
| General | 1,180 | 1,180 | ||||||||
| Elderly Friends —Bray D'Oyly |
74,015 | (1,559) | 72,456 | |||||||
| Property (pt of Buildings | Fund) | 8,138,941 | (129,088) | 457,794 | 8,467,647 | |||||
| Investment Property |
(pt | of | ||||||||
| Buildings Fund) |
2,716,474 | (7.489) | 191,123 | 2,900,108 | ||||||
| Adderbury Repair Fund |
305 | 305 | ||||||||
| Total Restricted Funds |
10,951,824 | 36,391 | 53,412 | (225,285) | 941 | 648,917 | 11,466,200 | |||
| Designated Funds |
||||||||||
| 1ravel &Overseers Fund |
13,483 | 13,483 | ||||||||
| Dorrington Fund |
50,866 | 50,866 | ||||||||
| Local Meeting Funds |
155,398 | 43,232 | (15,234) | 183,396 | ||||||
| Total Designated Funds |
219,747 | 43,232 | (15,234) | 247,745 | ||||||
| General Reserve (unrestricted) | 300,322 | (36,391) | 428 | (7,165) | 257,194 | |||||
| TotalFunds | 11,471,893 | 97,D72 | (247,684) | 941 | 648,917 | 11,971,139 | ||||
| The general reserve |
represents | free funds ofthe charities which are not designated | for particular purposes. |
| Analysis of n | et assets between funds | ||||
|---|---|---|---|---|---|
| Restricted | Designated | Unrestricted | Total | ||
| Funds | Funds | Funds | |||
| E | E | E | E | ||
| End balances | as at31December 2021 | ||||
| Represented | by: | ||||
| Tangible Fixed Assets |
8,126,987 | 8,126,987 | |||
| Investments | 3397323 | 3,397,323 | |||
| Current Assets less Liabilities | (94,502) | 247,744 | 293,587 | 446,829 | |
| Net Assets | 11,429,808 | 247,744 | 293,587 | 11,971,139 |