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2023-03-31-accounts

Trustees Jackie Cheetham
Robert Clarke (died 24th January 2023)
Nigel Driver
Keith Ford
Patricia Redfern
Jeremy Sowter
Chair Robert Clarke (died 24th January 2023)
Chief Executive Officer Judy Ford
Charity number 260119
Principal address 2cWharf Road
Ellesmere
Shropshire
SY12OEL
Independent Examiner Morris Cook
6 Salop Road
Oswestry
Shropshire
SY112NU
Bankers CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Mailing
Kent
ME194JQ
Solicitors Martineau
Johnson
No. I Colmore Square
Birmingham
B46AA

FORTHE YEAR EN D E D 31MARC D 31MARC H 2023
Notes Unrestricted Restricted Endowment Total Total
funds funds funds 2023 2022
Incomin
resources from
enerated funds
Donations
and legacies
54,475 93,739 148,214 181,822
Sobscriptions 1486 1,386 1,386
Investment
income
238 55 20,401 20,694 16.069
Grant income 5,251
56,099 93,794 20,401 170,294 204,528
Resources ex ended
Costs ofgenerating
funds
Costs ofgenerating
donations
and legacies 30,482 30,482 33,149
Charitable
activities
Charitable
expenditure
52+96 130,930 183,326 152,685
Governance
costs
1+01 1,201 1,176
Total resources expended 84,079 130,930 215,009 187,010
Net incoming/(outgoing) resources before
transfers (Z7,980) (37,136) 20,401 (44,715) 17,518
Net transfers between
funds
484 19,917 (20,401)
Net incoming/(outgoing) resources (27,496) (17,219) (44,715) 17,518
Other recognised
gains and
losses
Net realised gains/(losses) on investment
assets
Net unrealised
gains
/ (losses)
on investment
assets (26055) (26,255) 13,490
Net movement
in funds
(27,496) (17,219) (26,255) (70,970) 31,008
Fund balances at l April 2022 70,634 47,831 554,114 672,579 641,571
Fund balances at31March 2023 43,138 30,612 527,859 601,609 672,579

ASAT 31MARC H 2023
Notes 2023 2022
Fixed assets
Tangible assets 12 1,072 1.404
Invesunents 13 556,441 607,564
557,513 608,968
Current assets
Debtors 3,574 6,850
Cash at bank and in hand 46,333 63,437
49,907 70,287
Creditors: amounts falling due within one
Year 15 (5,811} (6,676)
Net Current assets 44,096 63,61I
Total assets less current liabilities 601,609 672,579
Capital funds
Endowment
funds
16 527,859 554,114
Income funds
Restricted funds 17 30,612 47.831
Unrestricted
funds
43,138 70.634
601.609 672,579
The accounts were approved
by the Trustees on
2 c.~W~~
1'e™PcD~ dog $
Jackie Cheetham
Trustee

Donations and legacies
Unrestricted Restricted Total Total
funds funds 2023 2022
Donations
and gifts
54,475 93,739 148,214 181.
,822
Donations and gifts
2023 2022
Unrestricted funds:
General donations 29,911 62,481
Bequests 22,831 9;200
Gift aid tax reclaimed 985 1,101
100Club income 748 1,172
54,475 73,954
Subscriptions
2023 2022
Ordinary
subscriptions
Life membership 1386
1,386 1,386
Investment income
Unrestricted Restricted Endowment Total Total
funds funds funds 2023 2022
Income from listed investments 20,401 20,401 16,036
Interest receivable 238 55 293 33
238 55 20,401 20,694 16,069

5. Government
Grants
Government
Grants
Received Received
Unrestricted Restricted Endowment Total Total
funds funds funds 2023 2022
HMRC Covid1 9Job Retention Scheme 5,251
5,251
6, Resources expended
Depreciation Staffcosts Other costs Total Total
2023 2022
Costs ofgenerating funds
Costs ofgenerating donations and legacies 332 17,404 12,746 30,482 33.149
Charitable
activities
Charitable
expenditure
Activities
undertaken
directly 34,808 148,518 183,326 152.685
Governance
costs
1,201 1,201 1,176
332 52,212 162,465 215,009 187,010
Costs ofgenerating donations and legacies
2023 2022
Other costs comprise:
Rent, rates &electricity 7,325 8,639
Insurance 409 826
Printing
and stationery
2„881 3,109
Postage and carriage 25 5%A
Telephone 364 351
Committee
expenses
195 25
Committee
meetings
costs 120
Administrative
expenses
362 324
Sundry expenses 1,065 1,340
12,746 15,147

8. Activities undertaken directly
2023 2022
Other costs relating to charitable expenditure comprise:
Information materials 12,312 12588
Equipment purchases 130,930 102,171
Repairs to equipment 5,276 2.579
148,518 l 17,338

2023 2022
The average monthly number of employees during the year was: Number Number
Management and Administration staff
Employment costs
2023 2022
Wages and salaries 52,212 53,020

FOR THE YEAR ENDED 31MARCH 2023
12. Tangible fixed assets
Fixtures, fittings &equipment
Cost
At 1 April 2022 3/93
Additions
Disposals
At 31March 2023 3,293
Depreciation
At
1 April 2022
1,889
Disposals 0
Charge for the year 332
At31March 2023 2.221
Net book value
At31March 2023 1,072
At 3 1 March 2022 1,404
13. Fixed asset investments
Market value at I April 2022 607,564
Decrease in investments (24,868)
Change
in value in the year
(26,255)
Market value at 31March 2023 556,441
14. Debtors
2023 2022
Prepayments
and accrued income
3,574 6,850
3,574 6,850

2023 2022
Other creditors 2,003 3,314
Accruals 3S08 3.362
5,811 6,676
16. Endowment
funds
Movement in funds
Balance at Incoming Resources Transfers Investment Balance at
I April resources expended gains / 31March
2022 losses 2023
The Robert Bowell Endowment Fund
MkG Charibond 90,272 2+56 (2,256) (6,486) 83,786
M&G Charifund 190,529 10,111 (10,111) (11,644) 178.885
CAF Bond income Fund 85,898 3,112 (3,112) (8,814) 77,084
CAF UK Equity Growth 187,415 4,922 (4,922) 689 188,104
Fund
554,114 20,401 (20,401) (26,255) 527,859
Movement
in funds
Movement
in funds
Balance at incoming Resources Transfers Balance at
1April resources expended gains / 31March
2022 tosses 2023
K
Specific bank account 47,831 93,794 (130,930) 19,917 30,612

Analysis ofne t assets between
funds
Unrestricted Restricted Endowment Total
funds funds funds 2023
f.
Fund balances at31/irlarch 2023are represented by:
Tangible fixed assets 1,072 1,072
Investments 28,582 527,859 556,441
Current assets 19295 30,6!2 49,907
Creditors: amounts
falling due within one year
(5,811) (5,811)
43,138 30,612 527,859 601,609
Net unrealised gains I (losses) included above
Investments 80,992 80,992
80,992 80,992
Reconciliation ofmovements
in net unrealised gainsI(losses)
Net unrealised gains at I April 2022 107,247 107+47
Wet realised gains / (losses) in year
Net unrealised gains / (losses) in year (26,255) (26+55)
Net unrealised gains at31March 2023 80,992 80,992