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2022-03-31-accounts

Chair Robert Clarke
Chief Executive Officer Judy Ford
Charity number 260119
Principal address 2cWharf Road
Ellesmere
Shropshire
SY12OEL
Independent Examiner Morris Cook
6 Salop Road
Oswestry
Shropshire
SY1 1 2NU
Bankers CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Mailing
Kent
ME194JQ
Solicitors Martineau
Johnson
No. 1 Colmore Square
Birmingham
B46AA

ORTHE YEAR EN D E D 31MARC D 31MARC H 2022
Notes Unrestricted Restricted Endowment Total Total
funds funds funds 2022 2021
Incomin
resources from
enerated funds
Donations
and legacies
73,954 107,868 181,822 201.610
Subscriptions 1,386 1,386 1,386
Investment
income
33 16,036 16,069 16,090
Grant income 5,251 5,251 24,464
80,624 107,868 16,036 204,528 243,550
Resources ex ended
Costs ofgenerating
funds
Costs ofgenerating
donations
and legacies 33,149 33,149 30,639
Charitable
activities
Charitable
expenditure
50,514 102,171 152,685 141,159
Governance
costs
1,176 1,176 1,047
Total resources expended 84,839 102,171 187,010 172,845
Net incoming/(outgoing) resources before
transfers (4,215) 5,697 16,036 17,518 70,705
Net transfers
between
funds
(7,85&) 23,894 (16,036)
Net incoming/(outgoing) resources (12,073) 29,591 17,518 70,705
Other recognised
gains and losses
Net realised gains/(losses) on investment
assets
Net unrealised
gains
/ (losses)
on investment
assets 13,490 13,490 80,703
iVet movement
in funds
(12,073) 29,591 13,490 31,008 151,408
Fund balances at
1 April 2021
82,707 18,240 540,624 641,571 490,163
Fund balances at 31 March 2022 70,634 47,831 554,114 672,579 641,571

Notes 2022 2021
Fixed assets
Tangible assets 12 1,404 I 733
Investments 13 607,564 604.043
608,968 605,776
Current
assets
Debtors 14 6,850 6, I 18
Cash at bank and in hand 63,437 37,674
70,287 43.792
Creditors: amounts falling due within one
Year 15 (6,676) (7,997)
Net Current assets 63,611 35,795
Total assets less current liabilities 672,579 641,571
Capital funds
Endowment funds 16 554,114 540,624
Income funds
Restricted
funds
17 47,831 18,240
Unrestricted funds 70,634 82,707
672,579 641,571
The accounts were approved by the Trustees on /3 lV. 32-
Robert Clarke
Trustee

Donations and legacies Unrestricted Restricted Total Total
funds funds 2022 2021
Donations
and gifts
73,954 107,868 181,822 201,610
Donations
and gifts
2022 2021
Unrestricted
funds:
General donations 62,481 56.636
Bequests 9,200 86,690
Gift aid tax reclaimed 1,101 1,181
100Club income 1,172 683
73,954 145,190
Subscriptions 2022 2021
Ordinary
subscriptions
Life membership 1,386 1,386
1,386 1,386
Investment
income
Unrestricted Restricted Endowment Total Total
funds funds funds 2022 2021
Income from listed investments 16,036 16,036 16,038
Interest receivable 33 33 52
33 16,036 16,069 16,090

5. Government
Grants
Government
Grants
Received Received
Unrestricted Restricted Endowment Total Total
funds funds funds 2022 2021
HMRC Covid19 Job Retention Scheme 5,251 5,251 24,464
5,251 5/51 5,251 24,464
6. Resources expended
Depreciation Staff costs Other costs Total Total
2022 2021
Costs ofgenerating funds
Costs ofgenerating donations and legacies 329 17,673 15,147 33,149 30,639
Charitable
activities
Charitable
expenditure
Activities undertaken directly 35,347 117,338 152,685 141,159
Governance
costs
1,176 1,176 1,047
329 53,020 133,661 187,010 172,845
Costs ofgenerating donations and legacies
2022 2021
Other costs comprise:
Rent, rates &electricity 8,639 7,568
Insurance 826 803
Printing
and stationery
3,109 2,099
Postage and carriage 533 107
Telephone 351 535
Committee
expenses
25
Committee
meetings
costs
Administrative
expenses
324 96
Sundry expenses 1,340 602
15,147 11,810

8. Activities undertaken directly 2022 2021
Other costs relating to charitable expenditure comprise:
Information
materials
12,588 8,122
Equipment
purchases
102,171 94,930
Repairs to equipment 2,579 1,106
117,338 104,158

Employees
Number of employees 2022 2021
The average monthly number of employees during the year was: Number Number
Management and Administration staff
Employment costs
2022 2021
Wages and salaries 53,020 55,501

FOR THE YEAR ENDED 31MARCH 2022
12. Tangible fixed assets
Fixtures, fittings dt equipment
Cost
At I April 2021 13,056
Additions 0
Disposals (9,763)
At 31March 2022 3,293
Depreciation
At I April 2021 11,323
Disposals (9,763)
Charge for the year 329
At 31March 2022 1,889
Net book value
At 31March 2022 1,404
At 31 March 2021 1,733
13. Fixed asset investments
Market value at I April 2020 604,043
Increase
in investments
(9,969)
Change
in value in the year
13,490
Market value at 31March 2022 607,564
14. Debtors
2022 2021
Prepayments
and accrued income
6,850 6,118
6,850 6,118

Creditors: amounts
falling due within one year
2022 2021
Other creditors 3,314 4,797
Accruals 3,362 3,200
6,676 7,997

Movement in funds
Balance at Incoming Resources Transfers Investment Balance at
1 April resources expended gains / 31March
2021 Losses 2022
The Robert Bowell Endowment Fund
M&G Charibond 94,471 1,720 (1,720) (4,199) 90,272
M&G Charifund 177,587 8,755 (8,755) 12,942 190.529
CAF Bond Income Fund 92,377 2,674 (2,674) (6,479) 85,898
CAF UK Equity Growth 176,189 2,887 (2,887) 11,226 187,415
Fund
540,624 16,036 (16,036) 13,490 554,114