2022-12-31-accounts

Report of	the Trustees		1 —10
Trustees	Responsibility	Statement
Report of	the Independent Auditors		12 —13
Statement	of Financial	Activities
Statement	of Financial	Position	15
Notes to the Financial		Statements	16-20
Detailed Statement of		Financial Activities	21 - 22

Registered Charity numb 244732	Registered Charity numb 244732	er
Principal address
Estate Office
32Freemen's	Holt
Old Church Street
Leicester
Leicestershire
LE2 8NH
Trustees
	Name		Role		Date appointed	within	Date resigned	within
					2022		2022
Barry Daniell		Chair of Board
Lynn Roffee		Vice Chair ofBoard, Chair		of
		General Purposes
Maudce Hill		Chair of Finance/Treasurer,		Chair of
		Welfare
Sue Freeman		Vice Chair of Finance
Malcolm Ballard		Chair of Property	and Estates
Andrew Chawner		Vice Chair of Property and		Estates
Robert Staines		Vice Chair ofWelfare Committee
Susan Cave		Deputy
Brian Mudford		Deputy
Peter Bates		Deputy
Christopher Campbell		Deputy
Linda Norman		Deputy			May 2022
Ross Norman		Deputy			May 2022
Lucy Manship		Deputy			May 2022
Joseph Goddard		Deputy			May 2022
Jane Wildbore		Deputy			October 2022

			FO	R THE Y	EAR EN	DED 31 DECE	MBER 2022
								31/12/22	31/12/21
						Unrestricted		Total funds	Total funds
						funds	Restricted
							fund
					Notes	2	5
INCOME AND ENDOWMENTS			FROM
Donations and legacies Charitable activities						9,144		9,144	990
Management ofthe Leicester Freemen's				Estate		70,418		70,418	67,021
Investment income					2	203,358		203,358	194,588
Total						282,920		282,920	262,569
EXPENDITURE ON
Raising funds
Investment management		costs			3	16,765		~16765	16,769
						16,765		16,765	16,769
Charitable activities
Management of the Leicester Freemen's				Estate		219,183		219,183	202,024
Governance costs						5,915		5,915	5,868
Other						4,190		4,190	2,880
Total						229,288		229,288	211,500
Net gains/(losses) on	investments					~763875)	~390)	~764,265)	850,223
NET INCOME/(EXPENDITURE)						(727.008)	(390)	(727,398)	884.523
RECONCILIATION OF		FUNDS
Total funds brought	forward					8,394,047	5,716	8,399,763	7,514,512
Transfer offunds						(7,623)	7,623
TOTAL FUNDS CARRIED FORWARD						7,659,026	13,339	7,672.365	8,399,035

				31/12/22	31/12/21
		Unrestricted		Total funds	Total funds
		funds	Restricted
			fund
	Not	6	6
	as
FIXEDASSETS
Tangible assets Investments	8 9	1,049,505 6,275,983	13,339	1,049,505 6,289,322	917,971 7,284,076
		7,325,488		7,338,827	8,202,048
CURRENT ASSETS
Debtors Cash at bank and in hand		51,622 288,653		51,622 288,653	59,855 148,671
		340,275		340,275	208,526
CREDITORS
Amounts falling due within one year		(6,737)		(6,737)	(11,539)
NET CURRENT ASSETS		333,538	13,339	333,538	196,987
TOTAI ASSETS LESSCURRENT LIABILITIES		7,559,026	13,339	7,672,365	8,399,035
NETASSETS		7,659,026	13,339	~7672365	8,399,035
FUNDS	12
Unrestricted funds Restricted funds				7,659,026 13,339	8,394,319 5,716
TOTAL FUNDS				~7,672365	8,399,035

							31I12I22	31/12/21
							6
Dividends Dividends	receved received	—Brewin - Other	Dolphin Investments				80,712 122,485	77,905 116.645
Deposit account interest							161	8
							203,358	194,558
INVESTMENT MANAGEMENT				COSTS
							31/12/22	31/12/21
							6
Investment	portfolio	management		costs			16,765	16,769
AUDITORS' REMUNERATION
							31/12/22	3'I/12/21
Fees payable to the		charity's	auditors		for the audit ofthe charity's	financial
statements							~4200	4,200

			Unrestricted		Total funds
			funds	Restricted
				fund
INCOME AND ENDOWMENTS	FROM			6
Donations and legacies Charitable activities			990		990
Management of the Leicester Freemen's		Estate	67,021		67,021
Investment income			194,558		194,558
Total			262,569		262,569
EXPENDiTURE ON
Investment management costa Charitable activities			16,769		16,769
Management ofthe Leicester Freemen's Governance costs Other		Estate	202,024 5,868 2,880		202,024 5,868 2,880
Total			210,772		210,772
Net gains/(losses) on investments			850,308	~85)	850,223
NET INCOME/(EXPENDITURE)			885,336	(85)	885,251
RECONCILIATION OF FUNDS
Total funds brought forward			7,508,711	5,801	7,514,512
TOTAL FUNDS CARRIED FORWARD			8,394,047	5,716	8,399,763

FOR THE YEAR TANGIBLE FIXEDASSETS	ENDED 31 DECEMBER 2022
	Freehold	Plant and
	property	machinery	Totals
COST		6	6
At 1 January 2022 Additions Disposais	1,306,775 156,984	86,826 4,783	1,393,601 161,767
At 31 December 2022	1,463,759	91,609	1,555,368
DEPRECIATION
At 1 January 2022 Charge for year Eliminated on disposal	391,152 27,994	64,478 2,239	475,630 30,233
At 31 December 2022	419,146	86,/17	505,863
NET BOOK VALUE
At 31December 2022	1,044,613	4,892	~1,049 505
At 31 December 2021	915,623	2,348	917,971

				Srewm	Other
				Dolphin	Investments	Totals
				Portfolio
				6
MARKET VALUE
At 1 January 2022 Additions to investment atcost Disposals - Net proceeds Net unreaiised gains/(losses) on revaluation Net realised gains&(losses) on disposal				3,266,698 533,094 (626,487) 408,789 ~746,311)	4.017,380 (137,088) ~412,599)	7,284,078 533,094 (763,575) 394,645 {1,158,910)
At 31 December 2022				2,835,783	3,453,549	6,289,332
At 31 December 2021				3,266,698	4,017,380	7,284,078
DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					31/12/22 f	31/12/21 E
Other debtors Prepayments					47,464 4,158	55,278 4,577
					51,622	59,855

	31/12/22	31/12/21
		F
Taxation and social security Other creditors	934	1,626 436
Accruals	5,603	9,477
	6,737	11,539

		FOR THE	YEAR ENDED 31 DECEM	BER 2022
				31/12/22	31/12/21
				E	E
INCOME AND ENDOWMENTS
Donations and legacies
Donations				880
Miscellaneous income				~8264	990
				9,144	990
Investment income
Dividends received - Brewin Dolphin Dividends received -Other Investments				80,712 122,485	77,905 116,645
Deposit account interest				161	8
				203,358	194,558
Charitable activities
Bungalows - Weakly Maintenance		Contributions	(WMC)	69,398	66,266
Accommodation charges				1,020	735
				70,418	67,021
Total incoming resources				282,920	262,569
EXPENDITURE
Investment management costs Investment portfolio management		costs		16,766	16,769
Charitable activities
Wages				72,619	67,672
Pensions				2,102	1,962
Computer expenses Oftice support costs				1,850	1,482
Staff travelling expenses
Telephone				454	463
Printing and stationery Postage Sundries				2,058 1,693 414	2,029 2,118 287
Estate management -Repairs Estate management - Depn Estate management -Council/In Estate management -Gas/Elec				65,327 2,239 16,608 16,446	58,728 7,514 12,399 14,287
Alarm monitoring costs Subscriptions and donations				3,336	4,649 100
Annual inspection dinner				748
Activities and events Freehold property - Depreciation				5,295 ~27994	546 27,588
				219,183	202,024
Other
Charitable payments				4,190	2,880

FOR THE YEAR ENDED 31	DECEMBER 2022
	31/12/22	31/12/21
		6
Support Costs
Governance costs
Auditors' remuneration Deputies travelling expenses Accountancy	4,200 1,339 376	4,200 622 360
Health and safety expenses
Legal and professional costs		1,416
	5,915	6,598
Total resources expended	246,053	228,269
Net income before gains and losses	36,867	34,300
Realised recognised gains and losses
Realised gains/(losses) on investments Unrsalised gains/(losses) on Investments	394,645 (1,158,910)	87,263 762,690
Net (expenditure)/income	(727,398)	884,523

Event log
10.50.10.50	08/03/2023,	12:30:10GBT
	Signing request created,
System	08/03/2023,	12:30:12 GYiT
	Notrfication	sent to adam. chilton8leiceste			freemen. corn.
System	08/03/2023,	14:26:19 GNT
	Signing page	opened by signee	adam.	chilton8leicesterfreemen.			corn.
System	08/03/2023,	14:26:24 GBT
	Signi .g page	opened by signee	adam.	chilton81eicesterfreemen.			corn.
System	30/03/2023,	09:10:42 BST
	Signing page	opened by signee	adam.	chiltonsleicesterfreemen.			corn,
Sysrem	30/03/2023,	09:36:09BST
	Signee adam.	chiltonslercesterfreemen.		corn	signed	document.
System	30/03/2023,	09:36:09BST
	Signing process completed.