# ## |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.|||||||