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2023-03-31-accounts

Table ofcontents
Page
Information
Trustees'
Report
Trustees'
Responsibilites
Independent
Examiners
Report
Income and Expenditure account
Balance Sheet
Notes to the Financial Statements 7to 10

Unrestricted funds
Total Total
2023 2022
Note
Incoming resources
Donations
Maintenance
contributions
59,690 60,261
Less; Losses through
voids
59,690 60,261
Interest receivable
and
other income 4 12,021 705
Total incoming resources 71,711 60,966
Resources expended
Costs ofgenerating
funds
Post, stationery,
publicity,
bank charges
Net incoming
resources
available 71,711 60,966
for charitable
application
Charitable
expenditure
Management
and administration
ofthe charity:
Benficiaries for inconvenience 1,760
Insurance 6,552 6,448
Repairs and maintenance 60,494 24,580
School room project 46,643 6,696
Consultancy 1,716
Fees to Almshouse
Association
Cleaning
and sundry
3,067 3,240
Rates, electricity, water and telephone 2,754 1,637
119,510 46,077
Goverance costs
Independent
examination
and accountancy 540 540
540 540
Nel incoming
resources
(48,339) 14,349
Fund balances
brought
forward 612,073 597,724
Fund balances carried forward 563,734 612,073
Unrealised
investment
gain I(loss) 6 10,832 34,147
552,902 646,220

2 Winding
up or dissolution
ofthe Charity
If upon winding
up or dissolution
ofthe Charity there remain
any assets, after the satisfaction
ofall debts and liabilities, the assets represented
by the accumulated
fund shall be transferred
Winding
up or dissolution
ofthe Charity
If upon winding
up or dissolution
ofthe Charity there remain
any assets, after the satisfaction
ofall debts and liabilities, the assets represented
by the accumulated
fund shall be transferred
Winding
up or dissolution
ofthe Charity
If upon winding
up or dissolution
ofthe Charity there remain
any assets, after the satisfaction
ofall debts and liabilities, the assets represented
by the accumulated
fund shall be transferred
Winding
up or dissolution
ofthe Charity
If upon winding
up or dissolution
ofthe Charity there remain
any assets, after the satisfaction
ofall debts and liabilities, the assets represented
by the accumulated
fund shall be transferred
Winding
up or dissolution
ofthe Charity
If upon winding
up or dissolution
ofthe Charity there remain
any assets, after the satisfaction
ofall debts and liabilities, the assets represented
by the accumulated
fund shall be transferred
Winding
up or dissolution
ofthe Charity
If upon winding
up or dissolution
ofthe Charity there remain
any assets, after the satisfaction
ofall debts and liabilities, the assets represented
by the accumulated
fund shall be transferred
to
some other charitable
body or bodies having
similar objects to the Charity.
3 Surplus for fhe financial year
This is stated after crediting:
2023
P
2022
Revenue
turnover
from ordinary
activities
and charging:
Independent
Examiners' fee
540 540
2023 2022
4 Interest receivable and other income
Bank interest
Schoolroom
hire
Compensation
Dividends
reinvested
Entrance fees
6S8
10,822
501
12,021
158
229
50
268
705
The Lady Margaret Hungerford The Lady Margaret Hungerford Charity Charity
Notes to the financial statements
for the year ended 31 March 2023
5 Fixed assets 2023 2022
E E
Housing
properties
Net cost
Revaluation
192,691
5,748,869
5,941,560
192,691
5,748,869
5,941,560
The property has been included in the accounts at the current insurance
valuation.
6 Investments 2023 2022
F E
Market value at 1 April
Dividends
reinvested
2022 345,554
10,822
311,407
Transfer
Net unrealised
(loss)/gain
Market value at 31 March
2023 (100,000)
10,812
245,564
34,147
345,554
The investments
comprise
No. of
shares
Cost Market
Value
F
NAACIF accumulated shares 2280.76 180,000
180,000
245,564
245,564
7 Cash at bank and in hand 2023 2022
E F
Bank - current account
Santander
Petty cash
112,472
67,538
2
180,012
49,213
87,380
2
136,595
8 Creditors 2023 2022
E
Accruais
Wilts hire Council
10,160
10,160
967
7,425
8,392

Net Unrealised Transfer
1.4.2022 incoming investment between 31.3.2023
resources gain funds
E E F E
Unrealised
Unrealised
Unrestricted
gain on property
revaluation
investment
profit / (loss)
revenue
accumulated
funds
5,748,869
165,554
193,415
48,573 (10,812) 7,425 5,748,869
154,742
152,267
Total undesignated
funds
6,107,838 48,573 10,812 6,055,878
Designated
Designated
loan repayment
fabric fund
fund 7,425
297,098
(7,425) 297,098
Designated
educational
charity fund
Total designated
funds
4,000
308,523
7,425 4,000
301,098
Total funds 6,416,361 48,573 10,812 6,356,976