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|Trustees:|Mrs.M.J.El ster||||
|---|---|---|---|---|
||Mr.N.O.Tyler||||
||Lady C.Venables|Llewelyn|||
|Managing Agents:|Messrs. Rees Richards|||&Partners|
||Chartered<br>Surveyors,||Land &Estate Agents||
||Druslyn<br>House||||
||De la Beche Street||||
||Swansea||||
||SA1 3HH||||
|Bankers:|Barclays Bank pic||||
||262 Oxford Street||||
||Swansea||||
|Solicitors:|Morgan La Roche||||
||Bay House||||
||Phoenix Way||||
||Swansea||||
||SAT 9YT||||
|Accountants:|Butterfield<br>Morgan|Limited|||
||Chartered Accountants||||
||Druslyn<br>House||||
||De la Beche Street||||
||Swansea||||
||SA1 3HJ||||





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||Page|
|---|---|
|Accountants'<br>report||
|Profit and loss account||
|Balance sheet||
|Notes to the accounts|4-6|





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|||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||||2022|2021|
||Notes||||E|
|INCOMING RESOURCES||||||
|Rents and ground<br>rents||122,239||122,239|114,367|
|Profit / (Loss) on granting<br>ofleases|||17,486|17,486|(1,096)|
|Investment<br>income||54,151||54,151|36,906|
|Other income||5,625||5,625|1,535|
|Revaluation<br>gain|||835,369|835,369||
|||182,015|852,855|1,034,870|151,712|
|RESOURCES EXPENDED||||||
|Direct charitable<br>expenditure-||||||
|Donations<br>and grants||25,475||25,475|16,000|
|Other expenditure:||||||
|Management<br>and administration||||||
|Repairs and property<br>upkeep||59,595||59,595|60,675|
|Rates and insurance||4,729||4,729|8,412|
|Wages||31,149||31,149|31,619|
|Estate management<br>and other fees||41,303||41,303|37,671|
|Stockbrokers fees||12,633||12,633|8,510|
|Accountancy<br>and taxation fees||2,340||2,340|2,214|
|Sundry trust expenses||9,037||9,037|4,124|
|( Profit) /Loss on disposal of listed investments||(66,187)||(66,187)|36,517|
|Depreciation||2,284||2,284|2,478|
|TOTAL EXPENDITURE||122,358||122,358|208,220|
|NET INCOMING/(OUTGOING)||||||
|RESOURCES BEFORE TRANSFERS||59,657|852,855|912,512|(56,508)|
|Gross transfers<br>between<br>funds||17,486|(17,486)|||
|TOTAL FUNDS BROUGHT FORWARD||(120,402)|4,445,667|4,325,265|4,381,775|
|TOTAL FUNDS CARRIED FORWARD||(43,259)|5,281,036|5,237,777|4,325,267|





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|||Notes|f|2022 f||2021|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets||||1,944,835||1,154,771|
|Investments||||2,020,267||1,507,305|
|||||3,965,102||2,662,076|
|Current assets|||||||
|Trade debtors|||37,650||37,395||
|Prepayments|||4,362||3,542||
|Cash at bank and in hand|||1,255,521||1,647,289||
||||1,297,533||1,688,226||
|Current<br>liabilities|||||||
|Creditors and accrued charges|||24,858||25,035||
|Net current assets||||1,272,675||1,663,191|
|Total assets less current liabilities||||5,237,777||4,325,267|
|ENDOWMENT|FUNDS|||5,281,036||4,445,667|
|UNRESTRICTED INCOME FUNDS||||(43,259)||(120,402)|
|||||5,237,777||4,325,267|





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|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|
||Investment||Garden|Motor||
||Properties|Improvements|Equipment|Vehicle|Total|
|Cost or valuation||||||
|As at 06.04.21|1,141,460|22,790|21,074|5,994|1,191,318|
|Additions IRevaluation|835,369|1,316|2,783||839,468|
|Disposals|(47,120)||||(47,120)|
|As at 05.04.22|1,929,709|24,106|23,857|5,994|1,983,666|
|Depreciation||||||
|As at 06.04.21||16,135|18,914|1,498|36,547|
|Charge for the year||666|494|1,124|2,284|
|As at 05.04.22||16,801|19,408|2,622|38,831|
|Net Book Values||||||
|As at 05.04.22|1,929,709|7,305|4,449|3,372|1,944,835|
|As at 06.04.21|1,141,460|6,655|2,160|4,496|1,154,771|





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|3|INVESTMENTS||2022|2021|
|---|---|---|---|---|
||||f||
||General||||
||80,000 'A' Shares of25p each in Penllergaer<br>Estates Limited||20,000|20,000|
||Shares acquired|via Stockbrokers|2,000,267|1,487,305|
||||2,020,267|1,507,305|



|4|DEBTORS|2022|2021|
|---|---|---|---|
||||E|
||Rental income debtors|37,650|37,395|
|5|CREDITORS|2022|2021|
||||E|
||Accruals|24,858|25,035|



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||||(Continued)|
|---|---|---|---|
|8|DONATIONS|2022|2021|
|||6|f|
||Cwtch up for Ukraine Appeal|5,000||
||CARAD|3,000|3,000|
||Mid Wales Music Trust||1,000|
||Montgomeryshire<br>Youth Theatre|1,000|1,000|
||National<br>Gardens Scheme|845||
||Shakespeare<br>Link|3,000|3,000|
||Wales Air Ambulance|5,130|2,000|
||XLWales, Swansea|1,000|1,000|
||Helping the homeless<br>Wales|3,500||
||Radnorshire<br>Wildlife Trust||1,000|
||Llandrindod<br>Wells Foodbank|3,000|3,000|
||Builth Wells Cricket Club||1,000|
|||25,475|16,000|



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