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2022-04-05-accounts

Page
Legal and administrative information
Trustees annual
report		 2-5
Independent
auditor's		 report 6-7
Statement offinancial activities
Statement offinancial position
Notes to the accounts 10 —16

2022 2021
Note
INCOMING
RESOURCES
Investment
income		 24,554 23,086
Interest Receivable 90 151
Rental Income 650,006 650,387
Grant Refunded 435
TOTAL INCOMING
RESOURCES		 674,650 674,059
RESOURCES EXPENDED
Costs ofgenerating
funds:
Rental expenses 190,524 170,022
Charitable
activities		 300,500 324,000
Governance costs
Management
and adminisration		 50,313 38,776
TOTAL RESOURCES EXPENDED 541,337 532,798
NET RESOURCES EXPENDED BEFOREASSET DISPOSAL 133,313 141,261
Gains/(Loss)
on disposals
of		 property assets (100,000)
Gains/(Loss)
on disposals
of		 investment assets
NET RESOURCES EXPENDED BEFORE REVALUATIONS 33,313 141,261
Gains/(Loss)
on revaluations		 of property assets 1,125,000
Gains/(Loss)
on revaluations		 of investment assets 31,991 97,901
NET MOVEMENT
IN FUNDS FOR THE		 YEAR 1,190,304 239,162
Total funds at 6April 2020 18,350,493 18,111,331
TOTAL FUNDS AT 5APRIL 2021 19,540,797 18,350,493

2. INVESTMENT INCOIIE
2022 2021
UK quoted
investments		 24,554 23,086
3. INTEREST RECEIVABLE
2022 2021
E
Interest receivable 90 151
4. RENTAL EXPENDITURE
2022 2021
F F
Community
charges and general
Agent's fees
Repairs and maintenance
Light & heat and insurance		 rates 9,046
83,579
80,951
16,948
190,524		 13,790
79,376
61,282
15,574
170,022

2022
f
11/06/2021 Compaid
Trust		 4,000.00
11/06/2021 The Harbour 4,000.00
11/06/2021 Jigsaw South East 7,000.00
11/06/2021 Chris Westwood
Charity		 5,000.00
11/06/2021 Bus Shelter Milton Keynes 7,000.00
11/06/2021 Safe &Sound Dorset 7,000.00
11/06/2021 Siblings Together 7,000.00
11/06/2021 Space 2 Grow 1,000.00
29/07/2021 Derry Well Women 4,000.00
29/07/2021 Morning
Star Trust		 5,000.00
29/07/2021 Feel Good Community
Matters		 5,000.00
29/07/2021 SAIL 5,000.00
29/07/2021 Bristol Children's
Help Society		 6,000.00
29/07/2021 Basingstoke
8 Alton Cardiac Rehab		 5,000.00
29/07/2021 Community
Info Source		 4,000.00
29/07/2021 Time Out Group 2,000.00
29/07/2021 Churchwardens
of Porthkerry		 5,000.00
29/07/2021 Thai Buddharam
Temple		 5,000.00
29/07/2021 The Vine Centre 4,000.00
04/11/2021 Parenting
Mental
Health		 5,000.00
04/11/2021 No Way Trust 10,000.00
04/1 1/2021 Rosebery Centre 3,000.00
04/11/2021 Ditch the Label 3,000.00
04/11/2021 Bridge Renewal
Trust		 5,000.00
04/11/2021 First Light South West 3,000.00
04/11/2021 18Plus 6,000.00
04/11/2021 Clapton
Common
Boys		 Club 5,000.00
04/11/2021 Derventio
Charitable
Trust		 4,000.00
04/11/2021 Loughborough
Junction		 Action Group 5,000.00
11/01/2022 Volunteering
Matters		 3,000.00
11/01/2022 Queens Crescent Community 5,000.00
11/01/2022 The Othona
Community		 8,000.00
11/01/2022 The Food Chain 5,000.00
11/01/2022 Sudbury
Neighbourhood		 Centre 2,000.00
11/01/2022 Winchester
Youth Counselling		 7,000.00
11/01/2022 Portobello
Dance School		 5,000.00
12
11/01/2022 The Leeds Community The Leeds Community Trust 8,000.00
11/01/2022 The Arts ofChange Trust 5,000.00
11/01/2022 Open Road West Norfolk 9,000.00
14/02/2022 SENFSG 2,000.00
14/02/2022 Spinal Injuries Scotland 3,000.00
14/02/2022 Project Wingman
Foundation		 7,000.00
14/02/2022 Space 2 Grow 4,000.00
14/02/2022 Belvoir Cricket 8 Countryside Trust 5,000.00
14/02/2022 Drama Express 3,000.00
14/02/2022 Otakar Kraus Music Trust 6,000.00
14/02/2022 Root 8 Branch 6,000.00
14/02/2022 Watermill
Foundation		 5,000.00
14/02/2022 Sudden
Productions		 1,000.00
05/04/2022 Breaking Barriers 3,000.00
05/04/2022 Cruse Bereavement Support 5,000.00
05/04/2022 Animal
Antiks		 9,000.00
05/04/2022 Lighthouse 3,000.00
05/04/2022 Pilsdon at Mailing
Community		 9,000.00
05/04/2022 Scottish Detainee Visitors 2,000.00
05/04/2022 Sunrise Partnership 5,000.00
05/04/2022 SPACE CIO 3,000.00
05/04/2022 Waterlilly
Project		 3,500.00
05/04/2022 Without
Walls Christian		 Fellowship 9,000.00
05/04/2022 STAA 9,000.00
Total 300,500.00

ERNANCE
 COST S
2022 2021
Ilanagement and administration costs
Professional and legal fees 16,800 4,300
Accountancy fees 1,860 2,464
Audit fees 2,820 2,600
Staff salaries 21,964 19,920
Pension costs 424 765
Insurance 2,293 5,784
Travel, stationery, postage and office expenses 4,152 2,943
50,313 38,776

The average
number
of person		 s
employed		 du ring the year was 1 (2021 —1)
2022 2021
E
Staff costs were as follows:
Staff salaries
Social security costs		 20,373
1,591		 20,373
Pension costs 424 312
22,388 20,685
No Employee
or Trustee received emoluments		 above F60,000.
TANGIBLE FIXEDASSETS
2022 2021
Freehold and leasehold investment property
As at 6 April 2021 17,570,000 17,570,000
Additions
Disposals (650,000)
Revaluations 1,125,000
Balance as at 5April 2022 18,045,000 17,570,000

STIIENTS
2022 2021
E
Investments Valuation
Market value as at 6 April 2021 518,391 420,490
Additions
Disposals
Revaluations 31,991 (97,901)
Market value as at 5 April 2022 550,382 518,391
The charity
hel		 d the follo wing
mate		 rial
UK investment
porffoli		 os as at 5 April 2022 :
2022
Material UK Investments
Cazenove Income Maximiser Fund 134,718
Cazenove Charity Multi-Asset Fund 415,664
Market value as at 5 April 2022 550,382
11.DEBTORS
2022 2021
E
Trade debtors 400 5,258
Other debtors 5,250 5,000
5,650 10,258
12.CREDITORS: Amounts falling due within one year
2022 2021
F E
Social security and other taxes (1,864)
Other Creditors (158)
Accruals 4,000 4,000
4,000 1,978