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|||Page||
|---|---|---|---|
|Reference and Administrative<br>Details||||
|Report ofthe Trustees|2|to|6|
|Report ofthe Independent<br>Auditors|7|to|10|
|Statement ofFinancial Activities||||
|Balance Sheet||12||
|Notes tothe Financial Statements|13|to|21|
|Detailed Statement of Financial Activities|22|to|23|





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||Ms VSP Godfrey|||
|---|---|---|---|
||Mr D Flynn|||
||Mrs K Hyde|||
||Mrs SA Croft|||
||Mr D Godfrey|||
||Miss LJJary (resigned 21/12/22)|||
||Mr P R Maynard|(appointed|18/5/22) (resigned 1/12/22)|
||Mr G E Mitchell (appointed||10/08/23)|
|COMPANY SECRETARY|Mrs K Hyde|||
|REGISTERED OFFICE|26StJohn's Street|||
||Colchester|||
||Essex|||
||CO2 7HB|||
|REGISTERED COMPANY NUMBER|00968662|||
|REGISTERED CHARITY NUMBER|260380|||
|AUDITORS|Haines Watts|||
||Statutory<br>Auditors|||
||Town Wall House|||
||Balkerne<br>Hill|||
||Colchester|||
||Essex|||
||CO3 3AD|||
|BANKERS|Bardays Bank PLC|||
||9 High Street|||
||Colchester|||
||Essex|||
||CO1 1DD|||





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|||||2022|2021|
|---|---|---|---|---|---|
|||||Total Funds|Total Funds|
|||||(Unrestricted)|(Unrestricted)|
|||Notes||E|6|
|INCOME AND ENDOWMENTS||FROM||||
|CHARITABLE ACTIVITIES||||||
|Attendance<br>fees, cafd and|art|supplies||196,021|205,984|
|Letting of non-investment|property|||33,185|32,892|
|Investment<br>income||||103,029|107,233|
|TOTAL||||332,235|346,109|
|EXPENDITURE ON||||||
|Raising funds||||5,732|6,745|
|CHARITABLE ACTIVmES||||||
|Attendance fees, cafd and|art|supplies||427851|356,888|
|Total||||433,583|363,633|
|Net gains/(losses)<br>on Investments||||(371,229)|433,507|
|NET INCOME/(EXPENDITURE)||||(472,577)|415,983|
|RECONCIUATION<br>OF FUNDS||||||
|TOTAL FUNDS BROUGHT FORWARD||||5,125378|4,709,395|
|TOTAL FUNDS CARRIED FORWARD||||4,652,801|5,125,378|
|All income and expenditure|has arisen from continuing||operations.|||





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|||2022|2021|
|---|---|---|---|
|||Total Funds|Total Funds|
|||(Unrestrlctedj|(Unrestricted)|
||Notes|E|E|
|FIXED ASSETS||||
|Tangible assets|10|1,831,280|707,025|
|Investments||||
|Investments|11|2,518,276|3,489,505|
|Investment<br>property|12|300,000|300,000|
|||4,649456|4,496,530|
|CURRENT ASSETS||||
|Debtors||68,924|63,854|
|Cash at bank||169,062|631,468|
|||237,986|695,322|
|CREDITORS||||
|Amounts<br>falling due within one year|14|(234,741)|(66,474)|
|NET CURRENT ASSETS||3,245|628,848|
|TOTAL ASSETS LESSCURRENT UABILITIES||4,652,801|5,125,378|
|||4,652W1|5,125,378|
|FUNDS|16|||
|Unrestricted<br>funds||4,652,801|5,125,378|
|TOTAL FUNDS||4,652W1|5,125,378|





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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E|E|
|Income from UK investment||||properties|18,180|16,482|
|Income from UK listed investments|||||84,849|90,751|
||||||103,029|107,233|
|RAISING FUNDS|||||||
|Investment|management||costs||||
||||||2022|2021|
||||||E|E|
|Letting agent fees|||||5,732|6,745|
|CHARITABLE ACllVITIES COSTS|||||||
||||||2022|2021|
||||||E|E|
|Wages and|salaries||||232,329|200,305|
|Employer's|national|Insurance|||8,591|15,795|
|Pensions|||||11,056|9,842|
|Rent, rates|and water||||52,104|43,395|
|Insurance|||||18,881|12,499|
|Light and heat|||||12,006|8,660|
|Sundries|||||19,864|11,335|
|Repairs and|other expenses||||15,640|10,639|
|Motor and travel costs|||||1,847|2,277|
|Purchases|||||17,914|10,840|
|Depreciation oftangible fixed assets|||||5,923|5,081|
|Support costs (see||note 5)|||31,696|26,220|
||||||427,851|356,888|





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|SUPPORT COSTS||||
|---|---|---|---|
|||2022|2021|
|||E|E|
|Accountancy fees||11,160|5,350|
|Audit fees||10,650|8,100|
|Legal and professional|fees|9~6|12,770|
|||31,696|26,220|



||||2022|2021|
|---|---|---|---|---|
||||E|E|
|Depreciation - owned||assets|5,923|5,081|
|Auditors'|remuneration|-audit ofthe financial statements|10,650|8,100|
|Operating|leases - rent||42,000|42,000|



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|STAFF COSTS|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||E|E|
|Wages and salaries|||||||232,329|200,305|
|Socia I security costs|||||||8,591|15,795|
|Other pension costs|||||||11,056|9,842|
||||||||251,976|225,942|
||||||||2022|2021|
|The average monthly|number ofemployees||during the year were:||||10|11|
|No employees<br>received emoluments||in excess ofE60,000.|||||||
|TAXATION|||||||||
|No Corporation<br>tax has been provided||based|on|the Company's|charitable|status.|||
|TANGIBIE FIXED ASSETS|||||||||
||||||||Plant &||
||Freehold|||Assets|||machinery||
|||Land &||under|Tenants||& Fixtures||
||Buildings|||construction|Improvements||&Fittings|Totals|
|||E||f|E||E|E|
|COST|||||||||
|At 1January 2022<br>Additions|317,195|||401,660<br>1,121,370|24,524||159,738<br>8~|903,117<br>1,130,178|
|At 31December 2022|317,195|||1,523,030|24,524||168,546|2,033,295|
|DEPREOATION|||||||||
|At 1January 2022||27400|||24,524||144368|196,092|
|Charge for year|||||||5,923|5,923|
|At 31December 2022||27300|||24,524|||202,015|
|NET BOOK VALUE|||||||||
|At 31December 2022|289,995|||1,523,030||-|18355|1,831,280|
|At 31December 2021|289,995||||||15,370|707,025|



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|13.|DEBTORS:AM|OUNTS<br>F|ALUNG DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E|E|
||Trade debtors|||6,002|3,913|
||Other debtors|||5,605||
||Prepayments|and accrued Income||57,317|59,941|
|||||68,924|63,854|
|14.|CREDITORS: AMOUNTS||FALUNG DUE WITHIN ONE YEAR|||
|||||2022|2021|
|||||E|E|
||Trade creditors|||4,543|1,680|
||Other taxes and sodal security|||4,315|4,112|
||Other creditors|||55,669|53,089|
||Accruals and deferred income|||170,214|7,593|
|||||234,741|66,474|



||2022|2021|
|---|---|---|
||E|E|
|Within one year|42,000|42,000|
|Between one and five years|159,250|201,250|
||201,250|243,250|
|LESSOR AGREEMENTS|||
||2022|2021|
||E|E|
|Within one year|33,000|33,000|
|Between one and five years|132,000|132,000|
|In more than five years|99,000|132,000|
|||297,000|





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|16.|MOVEMENT|IN|FUNDS|||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.22|in funds|funds|31.12.22|
|||||E|E|E|E|
||Unrestricted|funds||||||
||General fund|||628,848|(95,425)|(530,178)|3,245|
||Fixed Asset <br>Investment|Fund<br>Fund||707,025<br>3,789,505|(5,923)<br>(371,229)|1,130,178<br>~600.0M)|1,831,280<br>2,818,276|
|||||5,125378|(472,577)||4,652,801|
||TOTAL FUNDS|||5,125,378|(472,577)||4,652,801|
||Net movement||ln funds, included|in the above are as follows:||||
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
|||||E|E|E|E|
||Unrestricted|funds||||||
||General fund|||332,235|(427,660)||(95,425)|
||Fixed Asset|Fund|||(5,923)||(5,923)|
||Investment|Fund||||(371,229)|(371,229)|
|||||332~5|(433~)|(371,229)|(472,577)|
||TOTAL FUNDS|||332,235|f433,583)|(371,229)|~472477)|



||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.1.21|in funds|funds|31.12.21|
|||E|E|E|E|
|Unrestricted|funds|||||
|General fund||419,936|(12,444)|221,356|628,848|
|Fixed Asset|Fund|657,505|(5,080)|54,600|707,025|
|Investment|Fund|3,631,954|433,507|(275,956)|3,789,505|
|||4,709,395|415,983||5,125,378|
|TOTAL FUNDS||4,709,595|415,983||5,125,378|





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|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||E|E|E|6|
|Unrestricted|funds|||||
|General fund||346,109|(358,553)||(12,444)|
|Fixed Asset|Fund||(5,080)||(5,080)|
|Investment|Fund|||433,507|433,507|
|||346,109|(363,633)|433,507|415,983|
|TOTAL FUNDS||346,109|(363,633)|433,507|415,983|



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|2022|2021|
|---|---|
|E|E|
|206,442||



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||||2022|2021|
|---|---|---|---|---|
||||E|E|
|INCOME AND ENDOWMENTS|||||
|Investment<br>income|||||
|Income from UK investment||properties|18,180|16,482|
|Income from UK listed investments|||84W9|90,751|
||||103,029|107,233|
|Charitable<br>activities|||||
|Letting of non-investment<br>Attendance<br>and care fees||properties|33,185<br>162~|32,892<br>159,809|
|Cafg and art sales|||31,548|22,246|
|Grants|||2,184|23,929|
||||229306|238,876|
|Total Incoming resources|||332,235|346,109|
|EXPENDITURE|||||
|Investment<br>management|costs||||
|Letting agent fees|||5,732|6,745|
|Charitable<br>activities|||||
|Wages and salaries|||232,329|200,305|
|Employer's<br>national<br>Insurance|||8,591|15,795|
|Pensions|||11,056|9,842|
|Rent, rates and water|||52,104|43,395|
|Insurance|||18,881|12,499|
|Light and heat|||12,006|8,660|
|Sundries|||19,864|11,335|
|Repairs and other expenses|||15,640|10,639|
|Motor and travel costs|||1,847|2,277|
|Purchases|||17,914|10,840|
|Depreciation<br>oftangible fixed assets|||5,923|5,081|
||||396,155|330,668|





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||||2022|2021|
|---|---|---|---|---|
||||f|E|
|Support costs|||||
|Governance<br>costs|||||
|Accountancy fees|||11,160|5,350|
|Audit fees|||10,650|8,100|
|Legal and professional||fees|9,886|12,770|
||||31,696|26,220|
|Total resources expended|||433,583|363,633|
|Net expenditure<br>before||gains and losses|(101~)|(17,524)|
|Realised and unreallsed<br>Realised gains/(losses)|gains and losses<br>on Rxed asset investments||357~||
|Unrealised<br>gains/(losses||on fixed asset Investments|(728,773)|433,507|
|Net (expenditure)/Incom|e||(472477)|415,983|