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2022-04-05-accounts
| Reference and Administrative Details |
1 |
| Trustees' Report |
2 to 4 |
| Independent Examiner's Report |
5 |
| Statement of Financial Activities |
6 |
| Balance Sheet |
7 |
| Notes to the Financial Statements |
8 to 15 |
| Clerk |
Ms A Chandler |
| Charity Registration Number |
246905 |
| Principal Office |
Cumberland Court |
|
80 Mount Street |
|
Nottingham |
|
NG1 6111-1 |
| Independent Examiner |
RWB CA Limited |
|
Northgate House |
|
North Gate |
|
New Basford |
|
Nottingham |
|
NG7 7BQ |
| Bankers |
National Westminster Bank Plc |
|
148-149 Victoria Centre |
|
Nottingham |
|
|
Unrestricted |
Restricted |
Endowment |
Total |
|
|
funds |
funds |
funds |
2022 |
|
Note |
£ |
£ |
£ |
£ |
| Income and Endowments from: |
|
|
|
|
|
| Investment income |
2 |
5,386 |
1,226 |
|
6,612 |
| Other income |
|
32,342 |
|
|
32,342 |
| Total income |
|
37,728 |
1,226 |
|
38,954 |
| Expenditure on: |
|
|
|
|
|
| Charitable activities |
4 |
(29,911) |
|
|
(29,911) |
| Total expenditure |
|
(29,911) |
|
|
(29,911) |
| Gains/losses on investment |
|
|
|
|
|
| assets |
|
857 |
2,759 |
426,773 |
430,389 |
| Net income |
|
8,674 |
3,985 |
426,773 |
439,432 |
| Net movement in funds |
|
8,674 |
3,985 |
426,773 |
439,432 |
| Reconciliation of funds |
|
|
|
|
|
| Total funds brought forward |
|
89,534 |
28,654 |
513,192 |
631,380 |
| Total funds carried forward |
14 |
98,208 |
32,639 |
939,965 |
1,070,812 |
|
|
Unrestricted |
Restricted |
Endowment |
Total |
|
|
funds |
funds |
funds |
2021 |
|
Note |
£ |
£ |
£ |
£ |
| Income and Endowments from: |
|
|
|
|
|
| Investment income |
2 |
4,649 |
1,302 |
|
5,951 |
| Other income |
|
31,616 |
|
|
31,616 |
| Total income |
|
36,265 |
1,302 |
|
37,567 |
| Expenditure on: |
|
|
|
|
|
| Charitable activities |
|
(23,252) |
|
|
(23,252) |
| Total expenditure |
|
(23,252) |
|
|
(23,252) |
| Gains/losses on investment |
|
|
|
|
|
| assets |
|
2,596 |
7,608 |
20,525 |
30,729 |
| Net income |
|
15,609 |
8,910 |
20,525 |
45,044 |
| Net movement in funds |
|
15,609 |
8,910 |
20,525 |
45,044 |
| Reconciliation of funds |
|
|
|
|
|
| Total funds brought forward |
|
73,925 |
19,744 |
492,667 |
586,336 |
| Total funds carried forward |
14 |
89,534 |
28,654 |
513,192 |
631,380 |
|
|
2022 |
2021 |
|
Note |
£ |
£ |
| Fixed assets |
|
|
|
| Tangible assets |
10 |
840,000 |
420,000 |
| Investments |
11 |
152,878 |
141,263 |
|
|
992,878 |
561,263 |
| Current assets |
|
|
|
| Cash at bank and in hand |
12 |
86,491 |
79,002 |
| Creditors: Amounts falling due within one year |
13 |
(8,557) |
(8,885) |
| Net current assets |
|
77,934 |
70,117 |
| Net assets |
|
1,070,812 |
631,380 |
| Funds of the Charity: |
|
|
|
| Endowment funds |
|
939,965 |
513,192 |
| Restricted income funds |
|
|
|
| Restricted funds |
|
32,639 |
28,654 |
| Unrestricted income funds |
|
|
|
| Unrestricted funds |
|
98,208 |
89,534 |
| Total funds |
14 |
1,070,812 |
631,380 |
| 2 Investment income |
|
|
|
|
Unrestricted |
|
|
|
funds |
Restricted |
Total |
|
General |
funds |
2022 |
|
£ |
£ |
£ |
| Interest receivable and similar income; |
|
|
|
| Interest receivable on bank deposits |
37 |
|
37 |
| Other income from fixed asset investments |
5,349 |
1,226 |
6,575 |
|
5,386 |
1,226 |
6,612 |
|
Unrestricted |
|
|
|
funds |
Restricted |
Total |
|
General |
funds |
2021 |
|
£ |
£ |
£ |
| Interest receivable and similar income; |
|
|
|
| Interest receivable on bank deposits |
49 |
|
49 |
| Other income from fixed asset investments |
4,600 |
1,302 |
5,902 |
|
4,649 |
1,302 |
5,951 |
| 3Other income |
|
|
|
|
|
Unrestricted |
|
|
|
funds |
Total |
|
|
General |
funds |
|
|
£ |
£ |
| Rental income |
|
32,342 |
32,342 |
| Total for 2022 |
|
32,342 |
32,342 |
| Total for 2021 |
|
31,616 |
31,616 |
| 4Expenditure on charitable activities |
|
|
|
|
|
Unrestricted |
|
|
|
funds |
Total |
|
|
General |
2022 |
|
|
£ |
£ |
| Visitor's salary |
|
600 |
600 |
| Water rates |
|
2,056 |
2,056 |
| Insurance |
|
1,129 |
1,129 |
| Property management fees |
|
1,326 |
1,326 |
| Repairs and maintenance |
|
17,424 |
17,424 |
| Professional fees |
|
401 |
401 |
| Bank charges |
|
72 |
72 |
| Sundry |
|
80 |
80 |
|
|
23,088 |
23,088 |
|
Unrestricted |
|
|
funds |
Total |
|
General |
2021 |
|
£ |
£ |
| Visitor's salary |
600 |
600 |
| Water rates |
1,851 |
1,851 |
| Insurance |
1,099 |
1,099 |
| Property management fees |
828 |
828 |
| Repairs and maintenance |
11,809 |
11,809 |
| Professional fees |
216 |
216 |
| Bank charges |
42 |
42 |
| Sundry |
13 |
13 |
|
16,458 |
16,458 |
| Governance costs |
|
|
|
Unrestricted |
|
|
funds |
Total |
|
General |
2022 |
|
£ |
£ |
| Independent examiner fees |
|
|
| Examination of the financial statements |
636 |
636 |
| Legal fees |
6,000 |
6,000 |
| Other governance costs |
187 |
187 |
|
6,823 |
6,823 |
|
Unrestricted |
|
|
funds |
Total |
|
General |
2021 |
|
£ |
£ |
| Independent examiner fees |
|
|
| Examination of the financial statements |
612 |
612 |
| Legal fees |
6,000 |
6,000 |
| Other governance costs |
182 |
182 |
|
6,794 |
6,794 |
| 7Staffcosts |
|
|
| The aggregate payroll costs were as follows: |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Staffcosts during the year were: |
|
|
| Wages and salaries |
600 |
600 |
| The monthly average number of persons (including senior management / leadership team) employed by the |
|
|
| Charity during the year expressed as full time equivalents was as follows: |
|
|
|
2022 |
2021 |
|
No |
No |
| Charitable activities |
1 |
1 |
| No employee received emoluments of more than £60,000 during the year |
|
|
| 8Independent examiner's remuneration |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Examination of the financial statements |
636 |
612 |
| 9Taxation |
|
|
| The Charity is a registered charity and is therefore exempt from taxation. |
|
|
| 10 Tangible fixed assets |
|
|
|
Land and |
|
|
buildings |
Total |
|
£ |
£ |
| Cost |
|
|
| At 6 April 2021 |
420,000 |
420,000 |
| Revaluations |
420,000 |
420,000 |
| At 5 April 2022 |
840,000 |
840,000 |
| Depreciation |
|
|
| At 5 April 2022 |
|
|
| Net book value |
|
|
| At 5 April 2022 |
840,000 |
840,000 |
| At 5 April 2021 |
420,000 |
420,000 |
| 11 Fixed asset investments |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Other investments |
152,878 |
141,263 |
| Other investments |
|
|
|
|
Almshouses |
|
|
|
common |
M&G |
|
|
investment |
charifund |
|
|
fund shares |
income units |
Total |
|
£ |
£ |
£ |
| Cost or Valuation |
|
|
|
| At 6 April 2021 |
36,285 |
104,978 |
141,263 |
| Revaluation |
2,759 |
7,630 |
10,389 |
| Additions |
1,226 |
|
1,226 |
| At 5 April 2022 |
40,270 |
112,608 |
152,878 |
| Net book value |
|
|
|
| At 5 April 2022 |
40,270 |
112,608 |
152,878 |
| At 5 April 2021 |
36,285 |
104,978 |
141,263 |
| 12 Cash and cash equivalents |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Cash at bank |
86,491 |
79,002 |
| 13 Creditors: amounts falling due within one year |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Other taxation and social security |
30 |
30 |
| Other creditors |
8,527 |
8,855 |
|
8,557 |
8,885 |
| 14 Funds |
|
|
|
|
|
|
|
|
|
Other |
|
|
Balance at 6 |
Incoming |
Resources |
recognised |
Balance at 5 |
|
April 2021 |
resources |
expended |
gains/(losses) |
April 2022 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted |
|
|
|
|
|
| General |
89,534 |
37,728 |
(29,911) |
857 |
98,208 |
| Restricted |
28,654 |
1,226 |
|
2,759 |
32,639 |
| Endowment |
|
|
|
|
|
| Permanent |
513,192 |
|
|
426,773 |
939,965 |
| Total funds |
631,380 |
38,954 |
(29,911) |
430,389 |
1,070,812 |
|
|
|
|
Other |
|
|
Balance at 6 |
Incoming |
Resources |
recognised |
Balance at 5 |
|
April 2020 |
resources |
expended |
gains/(losses) |
April 2021 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General |
73,925 |
36,265 |
(23,252) |
2,596 |
89,534 |
| Restricted funds |
19,744 |
1,302 |
|
7,608 |
28,654 |
| Endowment funds |
|
|
|
|
|
| Permanent |
492,667 |
|
|
20,525 |
513,192 |
| Total funds |
586,336 |
37,567 |
(23,252) |
30,729 |
631,380 |
|
Unrestricted |
|
Endowment |
Total funds at |
Total funds at |
|
funds |
Restricted |
funds |
5 |
April |
|
General |
funds |
Permanent |
2022 |
|
|
£ |
£ |
£ |
|
£ |
| Tangible fixed assets |
|
|
840,000 |
|
840,000 |
| Fixed asset investments |
20,274 |
32,639 |
99,965 |
|
152,878 |
| Current assets |
86,491 |
|
|
|
86,491 |
| Current liabilities |
(8,557) |
|
|
|
(8,557) |
| Total net assets |
98,208 |
32,639 |
939,965 |
1,070,812 |
|
|
Unrestricted |
|
Endowment |
Total funds at |
|
|
funds |
Restricted |
funds |
5 |
April |
|
General |
funds |
Permanent |
2021 |
|
|
£ |
£ |
£ |
|
£ |
| Tangible fixed assets |
|
|
420,000 |
|
420,000 |
| Fixed asset investments |
19,417 |
28,654 |
93,192 |
|
141,263 |
| Current assets |
79,002 |
|
|
|
79,002 |
| Current liabilities |
(8,885) |
|
|
|
(8,885) |
| Total net assets |
89,534 |
28,654 |
513,192 |
|
631,380 |