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2022-12-31-accounts

Buntingford Relief in Need Charity

Chairman Report for 2022

Additional property purchased for £151,000.

Ex Chair Eunice Woods left a legacy in her will of £317559 to the Charity to be used for the education of Buntingford children. This has now been shared amongst the 4 schools in Buntingford using number of pupils per school to determine payouts.

S R Bull - Chair

BUNTINFORD RELIEF IN NEED CHARIT

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2

Registered charity no. 262264

2022
2021
INCOME
Rental income from properties
54,535.16
50,777.92
Miscellaneous
151,817.76
Miscellaneous
1,039.62
Investment Income
COIF investment Fund
27.26
20.58
Building Soc. Interest
404.19
290.68
431.45
317.26
207,823.96
51,095.18
EXPENDITURE
Properties
Improvements &Repairs
15,087.68
28,949.79
Clock
311.92
177.60
Insurance
3,499.61
3,138.61
18,899.21
32,266.00
Miscellaneous
Secretary&Treasurer Fees
650.00
450.00
Hall Hire
nil
34.14
Sundries
2,030.00
289.00
New Flat
151,817.73
773.14
154,497.73
Charities
3,400.00
10,000.00
(176,796.94)
(43,039.14)
31,027.02
8,056.04
INCREASE/REDUCTION IN FUNDS FROM ORDINARY ACTIVITIES
EXCEPTIONAL ITEMS
Sale of properties
nil
nil
Purchase of properties
151,817.73
nil
Donations to Schools
317,000.00
nil
Endowment received
nil
nil
(468,817.73)
nil
(468,817.73)
nil
TOTAL INCREASE/REDUCTION IN FUNDS FOR YEAR
(437,790.71)
8,056.04
687,166.60
679,110.56
FUNDS CARRIED FORWARD AT 31/12/2022
249,375.89
687,166.60
FUNDS REPRESENTED BY:
Bank & Building Society Balances
Current Acoount
136,145.22
105,522.39
Building Society No. 1
113,230.67
581,644.21
249,375.89
687,166.60
FUNDS BROUGHT FORWARD AT 01/01/2022
2022
2021
INCOME
Rental income from properties
54,535.16
50,777.92
Miscellaneous
151,817.76
Miscellaneous
1,039.62
Investment Income
COIF investment Fund
27.26
20.58
Building Soc. Interest
404.19
290.68
431.45
317.26
207,823.96
51,095.18
EXPENDITURE
Properties
Improvements &Repairs
15,087.68
28,949.79
Clock
311.92
177.60
Insurance
3,499.61
3,138.61
18,899.21
32,266.00
Miscellaneous
Secretary&Treasurer Fees
650.00
450.00
Hall Hire
nil
34.14
Sundries
2,030.00
289.00
New Flat
151,817.73
773.14
154,497.73
Charities
3,400.00
10,000.00
(176,796.94)
(43,039.14)
31,027.02
8,056.04
INCREASE/REDUCTION IN FUNDS FROM ORDINARY ACTIVITIES
EXCEPTIONAL ITEMS
Sale of properties
nil
nil
Purchase of properties
151,817.73
nil
Donations to Schools
317,000.00
nil
Endowment received
nil
nil
(468,817.73)
nil
(468,817.73)
nil
TOTAL INCREASE/REDUCTION IN FUNDS FOR YEAR
(437,790.71)
8,056.04
687,166.60
679,110.56
FUNDS CARRIED FORWARD AT 31/12/2022
249,375.89
687,166.60
FUNDS REPRESENTED BY:
Bank & Building Society Balances
Current Acoount
136,145.22
105,522.39
Building Society No. 1
113,230.67
581,644.21
249,375.89
687,166.60
FUNDS BROUGHT FORWARD AT 01/01/2022
2022
2021
INCOME
Rental income from properties
54,535.16
50,777.92
Miscellaneous
151,817.76
Miscellaneous
1,039.62
Investment Income
COIF investment Fund
27.26
20.58
Building Soc. Interest
404.19
290.68
431.45
317.26
207,823.96
51,095.18
EXPENDITURE
Properties
Improvements &Repairs
15,087.68
28,949.79
Clock
311.92
177.60
Insurance
3,499.61
3,138.61
18,899.21
32,266.00
Miscellaneous
Secretary&Treasurer Fees
650.00
450.00
Hall Hire
nil
34.14
Sundries
2,030.00
289.00
New Flat
151,817.73
773.14
154,497.73
Charities
3,400.00
10,000.00
(176,796.94)
(43,039.14)
31,027.02
8,056.04
INCREASE/REDUCTION IN FUNDS FROM ORDINARY ACTIVITIES
EXCEPTIONAL ITEMS
Sale of properties
nil
nil
Purchase of properties
151,817.73
nil
Donations to Schools
317,000.00
nil
Endowment received
nil
nil
(468,817.73)
nil
(468,817.73)
nil
TOTAL INCREASE/REDUCTION IN FUNDS FOR YEAR
(437,790.71)
8,056.04
687,166.60
679,110.56
FUNDS CARRIED FORWARD AT 31/12/2022
249,375.89
687,166.60
FUNDS REPRESENTED BY:
Bank & Building Society Balances
Current Acoount
136,145.22
105,522.39
Building Society No. 1
113,230.67
581,644.21
249,375.89
687,166.60
FUNDS BROUGHT FORWARD AT 01/01/2022
8,056.04
nil
nil
nil
nil
nil
8,056.04
nil
8,056.04
679,110.56
687,166.60
105,522.39
581,644.21
687,166.60

Buntingford Relief in Need Charity - year end December 31st 2022 - Annual Report

£28949 spent on property maintenance and improvements.

Increase yoy of £6789 on rental income.

Donation of £10000 to local Charity Homestart who as name suggests help the needy who have been re-homed and need assistance.

An endowment from the estate of the late BRiNC Chair Eunice Woods received by the Charity. £317559 to be shared amongst the 4 schools of Buntingford and used to help in the education of the more needy pupils. Monies distributed to each school. Payout per school based on pupil numbers.

Stanley Bull - Chair BRiNC