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|||Page|
|---|---|---|
|Legal and Administrative
Information|||
|Description
ofthe trust ofthe charity|||
|and its organisational|structure||
|Statement oftrustees'|responsibilities||
|Public benefit|||
|Report ofthe trustees|||
|Investment
managers'|report||
|Report ofthe independent
auditors||6-8|
|Statement offinancial|activities|9-10|
|Balance Sheet|||
|Notes to the financial|statements|12-19|
|TRUSTEES: appointed|TRUSTEES: appointed|to hold office for the term shown|to hold office for the term shown|to hold office for the term shown|in brackets:|||
|---|---|---|---|---|---|---|---|
|Name|||||Period ofoffice|||
|Alan Alvey|||||(for 4 years|from May 2019)||
|Christina James|||||(for 5years|from October 2022)||
|Daniel Poole|(Appointed||01September|2021)|(for 5years|from September 2021)||
|Declan English|(Retired 16May 2021)|||||||
|Jill Tomlin|(Chairman)||||(for 5years|from July 2019)||
|Judith Saxby|(Vice Chairman)||||(for 4 years|from July 2020)||
|Melody Roberts
Pat Hedges
Sandra Delemare|(Retired 19May 2021)
(Appointed
22 September|||2021)|(for 5years from July 2019)
(for 20 months
from September 2021)|||
|Sean Cullen|||||(for 4 years|from June 2019)||
|Simon Lodge|(Appointed||24June 2021)||(for 2 years|from May 2021)||
|Stephanie
Osborne|(Retired 22 September 2021)|||||||
|CLERK TO THE TRUSTEES:|||Vaferie Stewart|||||
|ADDRESS:|||7 Drummond|Court||||
||||Prospect Place|||||
||||Hythe|||||
||||Hampshire|||||
||||SO45 6HD|||||
|REGISTERED WITH THE CHARITY||||||||
|COMMISSIONERS:|||Number 255778|||||
|AUDITOR:|||Azets Audit Services|||||
||||Secure House|||||
||||Lulworth
Close|||||
||||Chandlers
Ford|||||
||||Southampton|||||
||||Hampshire|||||
||||United
Kingdom|||||
||||SO533TL|||||
|BANKERS:|||HSBC pic|||||
||||17The Marsh|||||
||||Hythe|||||
||||Hampshire|||||
||||SO45 6ZB|||||
|INVESTMENT MANAGERS:|||Rathbone
Investment||Management|Limited||
||||Fiennes House|||||
||||32 Southgate|Street||||
||||Winchester|||||
||||Hampshire|||||
||||SO23 9EH|||||
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|||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Funds|Funds|
||||||Funds|Funds|Funds|2022|2021|
|||||Note|6||6|6|6|
|Income and endowments|||from:|||||||
|Charitable
activities|||||541|17,028||17,569|15,648|
|Investments|||||||397,597|397,597|312,891|
|Total|||||541|17,028|397,597|415,166|328,539|
|Expenditure
on:||||||||||
|Raising funds||||5|||37,920|37,920|37,920|
|Charitable
activities||||6|327,036|17,028||344,064|220,394|
|Governance
costs||||9|21,834|||21,834|20,691|
|Total|||||348,870|17,028|37,920|403,818|279,005|
|Net gains/(losses)|on investments||||||678,852|678,852|1,427,435|
|Net income/(expenditure)|||||~348,329||1,038,529|690,200|1,476,969|
|Transfer between|funds|||15|343,427||(343,427)|||
|Net movement
in|funds||||(4,902)||695,102|690,200|1,476,969|
|Reconciliation|of Funds|||||||||
|Total funds brought||forward|||178,851||10,768,485|10,947,336|9,470,367|
|Total funds carried||forward|||173,949||11,463,587|11,637,536|10,947,336|
|Prior Financial|Year||||||Total|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Funds|
||||Note|Funds
6|Funds
f|Funds
6|2021|
|Income and endowments||from:||||||
|Charitable
activities||||562|15,086||15,648|
|Investments||||||312,891|312,891|
|Total||||562|15,086|312,891|328,539|
|Expenditure
on:||||||||
|Raising funds|||5|||37,920|37,920|
|Charitable
activities|||6|205,308|15,086||220,394|
|Governance
costs|||9|20,691|||20,691|
|Total||||225,999|15,086|37,920|279,005|
|Net gains/(losses)|on investments||12|||1,427,435|1,427,435|
|Net income/(expenditure)||||225,437||1,702,406|1,476,969|
|Transfer between
funds|||15|274,971||(274,971)||
|Net movement
in|funds|||49,534||1,427,435|1,476,969|
|Reconciliation
ofFunds||||||||
|Total funds
brought|forward|||129,317||9,341,050|9,470,367|
|Total funds carried forward||||178,851||10,768,485|10,947,336|
|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
|||||Note|6|||8|
|Fixed assets|||||||||
|Tangible assets||||10||90,021||92,763|
|Intangible assets||||11||2,622|||
|Investments||||12||11,324,142||10,616,111|
|Total fixed assets||||||11,416,785||10,708,874|
|Current assets|||||||||
|Debtors||||13|13,078||12,876||
|Cash at bank and|in|hand|||266,134||242,514||
|Total current assets|||||279,212||255,389||
|Creditors: amounts
Net current assets||falling due within|one year|14|58,461|220,751|16,927|238,462|
|Total assets less current liabilities||||||11,637,536||10,947,336|
|Net assets||||||11,637,536||10,947,336|
|Total net assets||||||11,637,536||10,947,336|
|Funds|||||||||
|Endowment||||||11,463,587||10,768,485|
|Unrestricted
Income||||||173,949||178,851|
|||||15||11,637,536||10,947,336|
|Approved
by the board oftrustees on|||2-~d~ 20L3 and signed|||on their behalf by:|||
||||||Trustee||||
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|3.|Charitable
activities|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
|||||||||8|6|
||Clayfields
Allotments
Gardening
Receipts|||||||541
17,028|562
15,086|
|||||||||17,569|15,648|
|4.|Investments|||||||||
||Income from listed investments|||||||397,535|312,772|
||Interest receivable|||||||62|119|
|||||||||397,597|312,891|
|5.|Expenditure
on Raising|Funds||||||||
||Investment
management|costs||||||37,920|37,920|
|||||||||37,920|37,920|
|6.|Expenditure
on Charitable||Activities|||||||
||Gardening
scheme
Allotment
costs|||||||2,839
1,340|2,734
825|
||Grants payable - individuals
(Note 7)
Grants payable - organisations
(Note 8)|||||||138,129
151,185|93,630
75,281|
||Support costs (Note 9)|||||||50,571|47,924|
|||||||||344,064|220,394|
|7.|Grants payable
- individuals|||||||||
||||||Number|2022|f|2021
Number|K|
||General||||100||62,279|92|42,546|
||Education||||1||1,500|||
||Gardening
Shoe project||||169
441||61,111
13,239|150
278|42,744
8,340|
||||||711||138,129|520|93,630|
|OR|THE YEAR ENDED 31 MARCH 2022|||
|---|---|---|---|
|8.|Grants payable
-organisations
Organisations|2022
F|2021
6|
||a) Schools/Colleges/Preschools
Applemore
College
Greenwood
School
New Forest Academy
Noadswood
School|2,000
1,000|1,000
300
1,000
1,000|
||Orchard
Junior School|1,800|5,000|
||Orchard
Infant School||1,500|
||Twiggs Lane Preschool
Mulberry
Pre School
Waterside
Primary School
Blackfield Primary School
Cadland
Primary School|5,893
4,708
5,000
25,476|1,000|
|||45,877|10,800|
||b) Youth
Fawley Parish Council
Handy Trust|5,480
22,220|7,077
10,826|
|||27700|17903|
||c) Community
Age Concern
New Forest
Dibden PCC||2,000
7,250|
||Families Matter|5,000|19,000|
||Fawley Association
Football Club
Home Start Hampshire
Hythe Pier Heritage
It's Your Choice|500
5,000|1,769
2,000
5,000
2,000|
||Old Mac Mower Garden Services||459|
||Our Time||600|
||Waterside
Ecumenical
Project
Wessex Cancer Trust||4,500
2,000|
||Healthy
Haven Garden|3,000||
||Oakhaven
Hospice Trust
Waterside
Gateway Club|2,500
2,000||
||Waterside
Christmas
Fire engine
NCL Calshot Tower|1,269
7,500||
||Thursday
Afternoon
Short Mat Bowling Club
Solent Mind|1,065
45,733||
||Residents
Group Charley Ley Court
Stop Domestic Abuse|251
1,120||
|||74,938|46,578|
||d) Medical welfare
Wessex Cancer Trust|2,000||
||Age Concern Hampshire|670||
|||2,670||
|||151185|75 281|
##
|Other expenditure
con|sists of Ma|nagement
and Administration
cost|s which are allocated as follow|s:|
|---|---|---|---|---|
||||2022|2021|
|||||6|
|Support costs|||50,571|47,924|
|Governance
costs|||21,834|20,691|
||||72,405|68,615|
|Management
and Administration
Rent rates and utilities||costs consist of:|5,100|3,706|
|Staff costs (see below)|||44,692|42,821|
|Postage and stationery|||2,185|2,535|
|Computer
maintenance
Telephone|and support||4,427
1,553|4,979
1,337|
|Publicity costs|||320|183|
|Sundry expenses|||125||
|Repairs and maintenance
Insurance|||577
1,503|1,093
1,395|
|Auditors'
remuneration|||8,000|7,276|
|Recruitment|||97||
|Depreciation
and loss|on disposal|offixed assets|2,742|2,709|
|Bank charges|||149|133|
|Travel|||455|377|
|Seminar/Course|||480|71|
||||72,405|68,615|
|Staff costs comprise:|||||
|Salaries|||40,629|38,928|
|Defined Contributions|Pension||4,063|3,893|
||||44,692|42,821|
|IBDEN ALLOTMENTS
FUND
OTES TO THE FINANCIAL STATEMENTS (CONT
OR THE YEAR ENDED 31 MARCH 2022|INUED)|||
|---|---|---|---|
|10.Tangible Fixed Assets|Long|||
||Leasehold|Office||
||Property
6|equipment
f|Totalf|
|Cost:||||
|At 1 April 2021|110,050|25,503|135,553|
|Additions||||
|Disposals
At 31 March 2022|110,050|25,503|135,553|
|Depreciation:
At 1 April 2021
Charge for the year|20,900
1,140|21,890
1,602|42,790
2,742|
|Disposals
At 31 March 2022|22,040|23,492|45,532|
|Net BookValue:
At 31 March 2022|88,010|2,011|90,021|
|At 31 March 2021|89,150|3,613|92,763|
|11.Intangible
Fixed Assets||||
|||Software|Total|
||||6|
|Cost:||||
|At 1 April 2021
Additions||2,622|2,622|
|Disposals
At 31 March 2022||2,622|2,622|
|Amortisation:||||
|At 1 April 2021||||
|Charge for the year||||
|Disposals||||
|At 31 March 2022||||
|Net Book Value:
At 31 March 2022||2,622|2,622|
|At 31 March 2021||||
##
|12.Investments|||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||6||
|l.isted|||||11,244,017|10,403,515|
|Cash and settlements|pending||held as part ofthe investment|portfolio|80,125|212,596|
||||||11 324 142|10616111|
|Market Value:|||||||
|Brought forward
Additions at cost|||||10,616,111
1,025,007|9,188,676
1,941,150|
|Disposal proceeds
Realised and unrealised
Net cash movement||gains|I(losses)||(863,357)
678,852
~132.471|(1,363,833)
1,427,435
~577,317|
|Carried forward|||||11324 142|10616111|
|13.Debtors|||||2022|2021|
||||||6|6|
|Debtors due in less|than one||year:||||
|Accrued income|||||9,810|8,397|
|Prepayments|||||738
10,548|2,979
11,376|
|Debtors due in more|than one year:||||||
|Other debtors and deposits|||||2,530|1,500|
||||||13078|12876|
|14.Creditors: amounts|falling due within one year||||||
|Accruals|||||58,283|16,727|
|Other|||||178|200|
||||||58 461|16627|
##
|Funds|||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|
||||Funds|Funds|Fund|Funds|
||||E|||6|
|At 1 April 2021
Net incoming I|(outgoing) resources for the ye;||178,851
(348,329)||10,768,485
359,577|10,947,336
11,348|
|Transfers
between||funds|343,427||(343,427)||
|Net Investment|gains and losses||||678,852|678„852|
|At 31 March 2022|||173949||11463 587|11637536|
||||Unrestricted|Restricted|Endowment|Total|
||||Funds|Funds|Fund|Funds|
||||6||6|6|
|Represented
by:|||||||
|Tangible fixed assets
Fixed asset investments|||||90,021
11324 142|90,021
11324142|
|Net current assets|||173,949||49,424|223,373|
||||173949||11463587|11637536|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||||F||
|Grants awarded|to entities|with|common trustees|22,220|7,875|
|||||22,220|7,875|
|17.Commitments|and contingent||labilities|||
##
||||||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|
||||||||6|||
|Operating|leases|within|one|year||||317|317|
|Operating|leases|within|two|and|five|years||106||
|||||||||423|317|