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|||PAGE|
|---|---|---|
|Annual
Report||1-3|
|Independent
Examiners|Report||
|Statement
of Financial|Activities||
|Balance Sheet|||
|Notes to the Accounts||7-9|
##
|J Russell|||||Chairman
from|December|December|2022|2022|Co-optative|Co-optative|
|---|---|---|---|---|---|---|---|---|---|---|---|
|C P Ablitt|||||Vice chairman|from December 2022||||Co-optative||
|TJ Roach|||||Chairman
to December 2022|||||Co-optative||
|Mrs G Boyle||||||||||Lichfield|City Council|
|Miss K A E Churchill||||||||||Co-optative||
|Mr J Checkland|||||appointed
16 May||2022|||Ex Officio||
|Mrs K Duncan|||Brown||expired December 2022|||||Co-optative||
|Mr C Greatorex|||||appointed
16 May||2022|||Ex Officio||
|B Gwilt|||||expired 16 May|2022||||Ex Officio||
|Mrs
N Templeton||||||||||Co-optative||
|BTwivey||||||||||Co-optative||
|Revd Dr A|Walsh||||appointed
14 February 2022|||||Ex Officio||
|R W White||||||||||Co-optative||
|R P Yardley|||||expired 16 May|2022||||Ex Officio||
|Principal Address:|||||S R James|||||||
||||||The Warden|||||||
||||||Lichfield Conduit||Lands|||||
||||||5 Breadmarket|Street||||||
||||||Lichfield|||||||
||||||WS136LQ|||||||
|Website:|||||www. lichfieldconduitlands.|||or|.uk|||
|Registered||Charity||No:|254298|||||||
|Principal|Bankers:||||CAF Bank Ltd|||||||
||||||25 Kings
Hills Avenue|||||||
||||||Kings
Hill|||||||
||||||West Mailing|||||||
||||||ME194JQ|||||||
|Independent|||Examiner:||A P Morris FCA|||||||
||||||of Dains Audit|Ltd||||||
||||||Chartered
Accountants|||||||
||||||StJohns Court|||||||
||||||Wiltell Road|||||||
||||||Lichfield|||||||
||||||Staffs|||||||
||||||WS14 9DS|||||||
|Investment||Advisers:|||Brewin
Dolphin|Securities||Ltd||||
||||||9 Colmore
Row|||||||
||||||Birmingham|||||||
||||||B32BJ|||||||
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|YEAR ENDED 31|DECE|MBER 2022||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Total|
||||Notes|Income Funds|Fund|2022|2021|
|||||E||||
|Income and endowments||from:||||||
|Investments||||||||
|Income from listed investments||||38,410||38,410|38,408|
|Bank interest||||22||22||
|Other donation|||||||30|
|Total income||||38,432||38,432|38,438|
|Expenditure
on:||||||||
|Charitable
activities||||29,547||29,547|25,490|
|Investment
management||charges||1,254|6,906|8,160|8,439|
|Warden's
salary||||8,500||8,500|8,500|
|Sundry expenses||||1,125||1,125|1,119|
|Independent
examiner||||1,434||1,434|1,404|
|Total||||41,860|6,906|48,766|44,952|
|Net gains/(losses)|on investments|||(12,327)|(140,342)|(152,669)|146,636|
|Net income/(expenditure)||||(15,755)|(147,248)|(163,003)|140,122|
|Net movement
in|funds|||(15,755)|(147,248)|(163,003)|140,122|
|Reconciliation
of|Funds:|||||||
|Total funds brought|forward|||251,634|1,310,866|1,562,500|1,422,378|
|Total funds carried forward||||235,879|1,163,618|1,399,497|1,562,500|
##
|31 DECEM|BER 2022|||||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|Total|Total|
|||||Income Funds|Fund|2022|2021|
||||Notes|F|E||F|
|Fixed Assets||||||||
|Listed Investments||||215,154|1,168,198|1,383,352|1,544,364|
|Current Assets||||||||
|Debtors||||2,053||2,053|1,595|
|Balances at|Bank:|||||||
|Deposit||||64||64|64|
|Current||||23,613|2,871)|20,742|22,764|
|Total Current Assets||||25,730|(2,871)|22,859|24,423|
|Liabilities:||||||||
|Creditors
falling due within||one year|9|5,005|1,709|6,714|6,287|
|Net Current|Assets|||20,725|(4,580)|16,145|18,136|
|Net Assets||||235,879|1,163,618|1,399,497|1,562,500|
|The funds|ofthe charity:|||||||
|Permanent|endowment||||1,163,618|1,163,618|1,310,866|
|Unrestricted|income funds|||235,879||235,879|251,634|
|Total charity funds||||235,879|1,163,618|1,399,497|1,562,500|
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|Charitab|le
Activities||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
|||||||||E|
|Grants to Organisations|||||||24,747|25,890|
|Grants to 13(2021-2) Individuals|||||||4,800|800|
|Three grants
to individuals|||returned|||||1,200|
||||||||29,547|25,490|
|Grants|to organisations|are as follows:|||||f||
|Lichfield|Festival||||||3,000|3,000|
|Lichfield|Arts re FUSE Festival 2022||||||1,500|1,250|
|Lichfield|8 District Talking|Newspaper||& Co|mmunity|Care|2,000||
|Lichfield|Greenhill
Bower CIC||||||1,000||
|Lichfield|Waterworks
Trust||||||2,200||
|Lichfield|Arts re Blues and||Jazz Festival||||900|900|
|Lichfield|Arts re Festival of||Folk||||500||
|The Erasmus
Darwin
Foundation|||||||5,719||
|PCC of|St Michael and St|Mary Lichfield|||||2,000||
|Kendall|and Wall Charitable||Trust||||2,000||
|Lichfield|Friary School||||||432|240|
|Lichfield|Christian
Schools||Work Trust||||1,496||
|Lichfield|Arts re FUSE Festival 2023||||||2,000||
|King Edward
Vl School||||||||5,000|
|Lichfield|Bowling Club|||||||800|
|Lichfield|Litter Legends|||||||1,000|
|Lichfield|Friary Lawn Tennis Club|||||||2,000|
|Lichfield|Cathedral|||||||5,000|
|Lichfield|Hockey Club|||||||2,000|
|Lichfield|Cathedral
School||(Music Share)|||||1,700|
|Lichfield|Festival Friends|||||||500|
|Guild ofSt Mary's
Lichfield||||||||2,500|
||||||||24,747|20,500|
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Independent|Examiner's|Fees|re|independent|examination|600|600|
|independent|Examiner's|Fees|for|other services||834|804|
|||||||1,434|1,404|
##
##
|6 Listed|In|vestments||||||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||||2022|2021|
||||||||E|
|UK Listed|Investments|||||1,365,931|1,507,956|
|Investment||Portfolio Cash||||17,422|36,408|
|||||||1,383,353|1,544,364|
|||||Accumulated|Endowment|Total|Total|
|||||Income Fund|Fund|2022|2021|
||||||F|E||
|Investments||held at 01,01.22||201,873|1,306,083|1,507,956|1,361,543|
|Additions|at|cost||69,221|52,716|121,937|145,116|
|Disposals|at carrying||value|(55,142)|(56,151)|(111,293)|(145,339)|
|Add net gain/(loss)
on revaluation||||(12,327)|(140,342|(152,669)|146,636|
|Investments||held at 31.12.22||203,625|1,162,306|1,365,931|1,507,956|
##
##
##
|8 Bank b|ala|nces||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E||
|Deposit||||64|64|
|Current||||20,742|22,764|
|||||20,806|22,828|
|Unrestricted||income funds||23,677|25,797|
|Endowment||fund||2,871)|(2,969)|
|||||20,806|22,828|
|9 Creditors||||||
|||||2022|2021|
|||||F|E|
|Creditors|and accrued expenses|||4,014|3,887|
|Grants authorised|||but not paid|2,700|2,400|
|||||6,714|6,287|
|Unrestricted||income funds||5,005|4,574|
|Endowment||fund||1,709|1,713|
|||||6,714|6,287|
##
##
|Analy|sis
of Net Assets Be|tween Funds|||
|---|---|---|---|---|
|||Accumulated|Endowment|Total|
|||Income Fund|Fund|2021|
|||F|E||
|Fixed Assets||228,816|1,315,548|1,544,364|
|Current|Assets|27,286|(2,863)|24,423|
|Current|Liabilities|(4,468)|(1,819)|(6,287)|
|Fund Balance||251,634|1,310,866|1,562,500|