HUSBORNE CRAWLEY CHARITY ESTATE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 CHARITY REGISTRATION NUMBE 24 497
HUSBORNE CRAWLEY CHARITY ESTATE CONTENTS Page Charrty Infomalion Trustees, Report Accountants, Report Slalemenl of Financial Aclivilies Statement of Assets and Liabilrties Notes to the Financial Slalements
HUSBORNE CRAWLEY CHARITY ESTATE CHARITY INFORMATION FOR THE YEAR ENDED 315T DECEMBER 2022 Charity Number.. 248497 Trustees.. Mrs S Peaislon Mrs L Styles Mrs L Lyman Mr M Lousada Mr P Jones Charity Contact. Mrs L Lyman Lodge Collage School Lane Husborne CravAey Beds MK43 OUY Bankers.. Barclays Bank plc Accountant.. Haine$ Watts Accountants First Floor. Woburn Court 2 Raitton Road Kempsltsn Bedford MK42 7PN
HUSBORNE CRAWLEY CHARITY ESTATE TRUSTEES, REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022 The Iruslees present their report and the financial statements of the charitable corllpany for tho year ended 31¥1 December 2022. The Husborne Crawley Charity Eslale became re-reuislered with the UK Charities Commission on 10 September 2012. Its Chaiily Registialion Number is 248497. Th8 charity is a public benefit entity. Prlnclpal a¢tlvities The objacls of th6 charity, lo provide public benefit, in order of piiorily, are as follows.. To relieve persons resident in the area of the Parish of Husborne Crawley, Bedlordshire who are in hardship or distress.. bl To further religious and other charilable work of the Churth of England in the Parish of Hu8borne Crawley, Bedfordshire., and To promote the education of persons under the age 0125 who aTe resident in the area of the Parish of Husborne Crawley. BedfoidshiTe. Legal framework The charity is govemed by ils trust deed. Review of operatlons The Iruslees are satisfied wh th8 results for the year. reporting a def11 of £36,230 for the year 12021.. £2,163), with lolal funds at the year-end amounting to £898,51912021.' £734,749). Financial highlights The results for the year are shown in the statement of financial actNilies on page 5. Trustees The trLEslees during th& paiiod under rewew were as follows-. Mts S PeaTSton Mrs L Slsdes Mrs L Lyman Mrs D McBarron- resigned 7 February 2023 Mr P Jones Mr M Lousada- appointed 7 F8bruary 2023 No trustees received any femuneration for their s8rvices during the ptsriod. Trustee appointmènt and inductlon The body of Iruslees shall consist of tive nominated and co-operative trustees and one ex-officio trust. The ex-officio Iruslee shall be the Vicar Df the Ecclesiasltcal Parish of St James. Husborne Crawley. The co-oplative trustees shall be persons reswjing or carrying on business in or near the aroa of the Parish of Husborne Crawley.
HUSBORNE CRAWLEY CHARITY ESTATE TRUSTEES, REPORT ' DECE R THE BER 2022 Trusteè appolntment Inductlon l¢ontlnu6dl The thèrity Is fortunate lo have a number of long standlng trustee8 who arè ablé Its pass on tholr knowledge and èxperience of the org8nlg&llon. New Iru$tees arè algo made aware of their legal obligations under charsly law. the fA)nlenl of Ihe memorandum and articles and the commltlee's d$¢ision making procg5s. Org4nlsatl4nal structure The tnJsl688 hold regular meetings and deasions arg madLP upon majority consent. Reserves pollcy It is the Charily's aim lo hold a mlnlmum of three monlh's overhead $1S In unreslrlcled resorve al all limes. Rlsks The Iruslees bèlleve that thè eharily Is not exposed lo any material rlsks. Grant maklng poll¢y Tho charily ha8 no sel pollcy in relalton lo making grant payments. Investment pollcy Tha inveslmènl policy is lo only hotd low risk invoslments, lo Safeguard tho charily's fund8. StatèmÈnt of trustees, responslbllltle$ Laws applicable lo charllios In England and Wvales requi¥e tho truslegs lo prepare finand81 statements for eBch ffinsncial period which give a tru& and falr VI of lh8 slate of 8ffeirs of the charily's financlel acllvilies durtng the period. and of tts flnandal position al th6 end of that period. In pr¢paring Iho8¢ finar4Uo1 sl&lgmonti, the Tru¥l¢e$ ar¢ roqulreil lo lollN besl praots'oe and.. S918cl suitable accounting polEry'e8 and apply thèm conslslenlly.. makeludgem?nls and 881imale$ that are reasonabl8 8nd prtjdgnl". prap8r& th8 fin8ncial $laiernenls on Ihe golng con¢efn basis unless il is inappropriate lo pr¢gume that the charity will conlinue In operallon. The trusleg$ are responsible for keeping proper accounllng r8¢ord8 which disclose with reasona8 accuracy al any lime the financlal posEtion of Ihe charity and which enables them to gnsuro that the tlnanclal sl8t¢menls c¢)mply wllh the Charltl&s Act 2011. Th&y arg also responslble for safeguarding the assets of tha charily and hènce for 18king rgasond)le slops for the preveniion £nd detectton of frau¢t and cslhgrirrogulariti88. Slgned on behal MRS S PEARSTON- T 51ee
HUSBORNE CRAWLEY CHARITY ESTATE ACCOUNTANTS, REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL INFORMATION OF HUSBORNE CRAWLEY CHARITY ESTATE Report to the Directors on the preparation of the LEnaudited statutory aGGounts of Husborne Crawley Charlty Estate for the year ended 34 DecembÈr 2022 In accordance with tho engagement leller, we have ppared for your approval the ftnan¢ial infortnalion of Husborne Crawley Charity Eslale for the year frThn the company's accounting recorLls and from infDTmalion and explanations you have given us. As a praclising membe¥ of the Inslilule of Chartered Accounlanls in England and Wales IICAEWI, we are subject to ils ethical and other professional requirements which ar8 detailed al icaew.¢omlmembershandbook. You have approved the financial information for the year and have acknowledged your responsibility for it, for the appropriateness of the financial reporting framework adopted and foi providing all information and explanations necessary for ils compilaiion. We have not verrfied the accuracy or completeness of the accounting records OT inf0m1alTr and explanations you have given to us and we do not, Iheref(xe. express any opinion on the financEal inlormalion. This report is made Solely lo you, in accordance wlh the terms of our engagement leller. Our work has been undertaken solely to prepa for your approval the financial infomialion of Husborne craWY Charity Eslale and slate those mallers that we have agreed lo stal8 lo you in this report in accordance Tmlh ICAEW Technical release TECH 0811S AAF. To the fullest extent petmilled by law, we do not accept or assume responsibility lo anyone other than Husborne Crawlay Charity Eslalè for our work or for this report. SigllaluTe'. (KA tsv) Haines Watts First Floor, Woburn Court 2 Raimon Road Woburn Rd Ind Est Kempston Bedfordshire MK42 7PN Date..
HUSBORNE CRAWLEY CHARITY ESTATE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2022 Restrlcted Unr¢$tri¢ted Total Fund$ 2022 2022 2022 Total Funds 2021 Incomlng resources Investment income Rents feceived Interest received on inveslmenly Deposit interest ieceived Other 5,000 3,862 61 1,950 5,000 3,662 81 1,950 5,000 2,780 2,103 Total Incomlng r6soureés 10,673 10,673 9,889 Resources expended Cost of generating funds Charitable expenditure.. Fuel allowances Christmas gifts Other donations 870 1,200 3,150 870 1,200 3,150 915 1,173 935 Governanee costs.. Adminislralion @xpens8S Accountancy lees Professional lees 480 480 665 480 240 Total resources expended 6.365 6.365 3,743 Nel gains11105sesl on Fixed Assets Net gJinslllos8e81 on Investments 140,5381 140,5381 18,3091 Nèt Movement in funds for year Funds as at 19t January 136,2301 734,749 {36,2301 734,749 12,163) 736.912 698 519 734 749 Funds as at 31*1 December 698,519 698,519 734,749
MUSBO NE CRAWLEY C Rl TE STATE T OF ASSET AND LIAB T 3111 DECEMBER 2022 LITIES Notes 2022 2021 Flxod Asset8 Land and property Flxed asset Inwoslments 499,241 499,241 166,719 62k,423 e65,960 urrept. A$$pt8 Cash in Hand Invgslment ac¢ounl 61,441 61,131 9.138 89,576 CTedltors', Amounts falllng Due wllhin one year 480 Net CUFTent a8sels 69,0ge 88,789 Total assetg less current Ilabllltlts 6è8.S1 In¢ome fund$ Unresirioted funds R85tricled funds 698.519 734.749 TotAI funds e98 519 734,749 The fina48[ s $ approv by Ihg Ifuslees on .23.11.: . and were slgned by.. MRSS EARSTON- Tr MRS L LYMAN.- Tru•lBo
HUSBORNE CRAWLEY CHARITY ESTATE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2022 Accounting poltcies Basls of accounting These accounts have been prepared in accordance with FRS 102 accounting standards and the charity SORP IFRS 1021. The Financial stal&m6nl8 have been prepared under the historical cost convention. The financial slatemenls are presented in sleTling which is the funclional cur¥ency of the charity and rounded lo the nearest £. The significant accountin9 policies applied in the presenlalion of thesa financial statements are sel out below. These policies have been consislenlly applied lo all periods presented unless otherwise staled. Incoming rgsources Income is recognised in the period in which the charity is èntitlèd lo receipt and the amount can be maasured with ieasonable certainty. Income is only delerfed when the ¢harily has lo fulfil ¢ondilions befoie becoming enlilled to it, OT when the donor has specified that the income is lo be expended in a future period. The income from trading char((able activities derived from the provision of services are included in the period in which the supply lakes place, after the deduction of discoLtnts and value added lax. Grants received are includèd as income frixn activities in fUrtheTan of the charity's obje¢18 where they amount lo a contract for services, but as donations where monies are given with greater freedom of use. Any amounts received for specific purposes are accounted for as reslricl6d funds. Investment income 1$ earned through holding assets tor charitable activities such as shares. Intest is accounted for on the slalemenl of linancial activities in the year in whleh il is received. Resources &xpend?d Resources expènded are included in the statement of financial activities on an acciuals basis, exclusive of reclaimable value added lax. Expenditure directly allribulab16 to specific 8¢1ivilies are included within those cost categories. Govemance costs include those costs associated with meeting the conslilulional and slalulory requirements of the Charity, including accountancy fees, adminislralive fees and costs linked lo the strategic management of the charity. Funds accounting The funds held by the charity are al Unrestricted general fund5 Ihese are funds, which can be used in accordance with the charit8ble objects at the dis¢retion of the Iruslee5. b} ReslTic¢ed funds these are funds, which can only be used for particular restrtcled purposes within the objects of the charrty. Reslriclions arise when specified by the domr or when funding is raised for a particutar purpose. Tangible flxed a55et$ Capilalis81ion policy is lo capi181ise only assets of more than £100 in value, assels below these values are treated as revenue expenditure. Freehold land donaleil to the charty is included al the Iruslees. estimation of the fair value al the balance sheet dal8. Freehold land is not depreciated. Flxed asset Investments Fixed asset investments are included al market value al the balance sheet dale. wrth any gain or loss in valuation taken lo the stalemsnl of financial activities.
HUSBORNE CRAWLEY CHARITY ESTATE NOTES TO THE ACCOUNTS ST FOR THE YEAR ENDED 31 DECEMBER 2022 staff costs No remuneration or benefits in kind were paid to any trustee during the period. Tangible fixed as$et$ Freehold Land Totsl Valuation Al isl January 2022 Additions Revalued Disposals 499.241 499,241 Al 31sI Dacembèr 2022 499 241 499 241 Depreclatlon Al 18t January 2022 Charge for the year Elimination on disposal Al 315l D8cember 2022 Net book amount 31st Dè¢ember 2022 499 241 499,241 31$1 December 2021 499,241 499,241 The freehold land was gifted ID the ¢harily in Januaiy 1865 and is includ8d at the Iruslees, best eslimaltr of market value al the lime of conveyance. Flxed a$set investments Listéd Investments Total Cost or valuation Valuation al 1st January 2022 Additions Revaluation Disposals 166.719 4,OOQI 14D,5381 166,719 4,OOLI 140,5381 Valuation al 31sl December 2022 130181 130.181
HUSBORNE CRAWLEY CHARIT ESTATE NOTES TO THE ACCOUNTS ST FOR THE YEAR ENDED 31 DECEMBER 2022 Cash at bank 2022 2021 Current account Deposit account 11,890} 63.331 (8401 60,970 Creditors 2021 Acctued expenses & Trade Cred&tors 480 480 480 480 Unrestricted reserves 2022 2021 General reserve AI 1EI January Nel Movement in Funds for the Year 236,308 36.230 238,471 2,163 200,078 236,308 Fair Value reserve Al 1s1 January Nel Movemenl in Funds for the Year 498.441 498,441 Transfer between reserves Al 3151 December 698,519 734,749