| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| INCOMING RESOURCES | ||||||
| Investment income |
25,244 | 24,554 | ||||
| Interest Receivable | 11,169 | 90 | ||||
| Rental Income | 670,097 | 650,006 | ||||
| TOTAL INCOMING RESOURCES | 706,510 | 674,650 | ||||
| RESOURCES EXPENDED | ||||||
| Costs ofgenerating funds: |
||||||
| Rental expenses | 4 | 172,426 | 190,524 | |||
| Charitable activities |
5 | 317,000 | 300,500 | |||
| Governance costs | ||||||
| Management and adminisration |
6 | 199,442 | 50,313 | |||
| TOTAL RESOURCES EXPENDED | 688,868 | 541,337 | ||||
| NET RESOURCES EXPENDED BEFOREASSET DISPOSAL | 17,642 | 133,313 | ||||
| Gains/(Loss) on disposals of |
property assets | (1,670,000) | (100,000) | |||
| Gains/(Loss) on disposals of |
investment | assets | ||||
| NET RESOURCES EXPENDED BEFORE REVALUATIONS | (1,652,358) | 33,313 | ||||
| Gains/(Loss) on revaluations |
ofproperty | assets | 1,125,000 | |||
| Gains/(Loss) on revaluations |
ofinvestment | assets | (43,079) | 31,991 | ||
| NET MOVEMENT IN FUNDS FORTHE |
YEAR | (1,695,437) | 1,190,304 | |||
| Total funds at 1 April 2022 | 19,540,797 | 18,350,493 | ||||
| TOTAL FUNDS AT 31 MARCH 2023 | 17,845,360 | 19,540,797 |
As at5April 2023 |
||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Note | ||||
| FIXEDASSETS | ||||
| Tangible assets | 9 | 10,615,000 | 18,045,000 | |
| investments | 10 | 508,673 | 550,382 | |
| 11,123,673 | 18,595,382 | |||
| CURRENTASSETS | ||||
| Debtors | 7,976 | 5,650 | ||
| Cash | 6,718,593 | 943,765 | ||
| 6,726,569 | 949,415 | |||
| CREDITORS: amounts | falling due | |||
| within one year | 12 | (4,882) | (4,000) | |
| NET CURRENT ASSETS | 6,721,687 | 945,415 | ||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 17,845,360 | 19,540,797 | ||
| THE FUNDS OFTHE CHARITY | ||||
| Unrestricted income funds |
13 | 17,845,360 | 19,540,797 | |
| TOTAL FUNDS | 17,845,360 | 19,540,797 |
| 2023 | 2022 | ||
|---|---|---|---|
| UK quoted investments | 25,244 | 24,554 | |
| 3. | INTEREST RECEIVABLE | ||
| 2023 | 2022 | ||
| interest receivable | 11,169 | 90 | |
| 4. | RENTAL EXPENDITURE | ||
| 2023 | 2022 | ||
| F | |||
| Community charges and general rates Agent's fees Repairs and maintenance Light &heat and insurance |
7,579 85,698 60,622 18527 |
9,046 83,579 80,951 18848 |
|
| 172,426 | 190,524 |
| were made a | s follows in the year end |
d 5 | April | 2023: | ||
|---|---|---|---|---|---|---|
| 2023 | ||||||
| 24/05/2022 | All Saints Youth Project | 3,000 | ||||
| 24/05/2022 | Regional Screen Scotland | 3,000 | ||||
| 24/05/2022 | Citizens Advice Mendip | 3,000 | ||||
| 24/05/2022 | Downs Syndrome Development |
Trust | 4,000 | |||
| 24/05/2022 | Hospice Care | 5,000 | ||||
| 24/05/2022 | City Escape | 5,500 | ||||
| 24/05/2022 | Ashfield Home Safety Equipment |
Project | 6,000 | |||
| 24/05/2022 | Disability Law Service |
6,000 | ||||
| Nuneaton &North Warwickshire |
Equestrian | |||||
| 24/05/2022 | Centre | 7,000 | ||||
| 24/05/2022 | Campus Children's Holidays |
7,500 | ||||
| 04/07/2022 | Multi Sports Club Northwich | 3,000 | ||||
| 04/07/2022 | Support 4 All | 5,000 | ||||
| 04/07/2022 | Bentley Beginnings | 5,000 | ||||
| 04/07/2022 | Community One Stop Shop |
8,000 | ||||
| 04/07/2022 | York Blind & Partially Sighted | 8,000 | ||||
| 04/07/2022 | Edinburgh City Mission |
8,000 | ||||
| 04/07/2022 | Musical Keys | 8,000 | ||||
| 04/07/2022 | Young Carers Development | Trust | 8,000 | |||
| 04/07/2022 | Young &Inpsired | 8,000 | ||||
| 02/09/2022 | Hillhouse | 2,000 | ||||
| 02/09/2022 | Wolvercote Young People's | Club | 2,000 | |||
| 02/09/2022 | Pet Fostering Service Scotland | 3,000 | ||||
| 02/09/2022 | Progressability | 3,000 | ||||
| 02/09/2022 | emerge (uk) Company | Ltd | 6,000 | |||
| 02/09/2022 | 4Cancer Group | 8,000 | ||||
| 02/09/2022 | Tough Enough To Care | 8,000 | ||||
| 02/09/2022 | Disability Hunting tonshire |
8,000 | ||||
| Sussex Association for |
Spina Bmda & | |||||
| 02/09/2022 | Hydrocephalus | 8,000 | ||||
| 13/10/2022 | The Olive Branch | 2,000 | ||||
| 13/10/2022 | Life Cycle UK | 2,000 | ||||
| 13/10/2022 | Reach Volunteering | 2,000 | ||||
| 13/10/2022 | Create Bolton | 3,000 | ||||
| 13/10/2022 | YESU | 3,000 | ||||
| 13/10/2022 | Liquid Vibrations | 5,000 | ||||
| 13/10/2022 | Housing The Homeless | Central | Fund | 6,000 | ||
| 13/10/2022 | Accessible Transport 4 | U | 7,000 | |||
| 13/10/2022 | Family Haven | 7,000 | ||||
| 13/10/2022 | Wetherby in Support of |
the | Elderly | 7,000 | ||
| 13/10/2022 | The Shed Project | 7,000 | ||||
| 16/12/2022 | Kent Enterprise Trust |
2,000 | ||||
| 16/12/2022 | Living Hope Belfast | 5,000 | ||||
| 16/12/2022 | Scampps In Surrey |
5,000 | ||||
| 12 |
| 16/12/2022 | Better Communities Bradford |
Better Communities Bradford |
Better Communities Bradford |
5,000 |
|---|---|---|---|---|
| 16/12/2022 | Eden Church | 5,000 | ||
| 16/12/2022 | Opening Doors |
7,000 | ||
| 16/12/2022 | Surrey Drug &Alcohol | Care | Ltd | 7,000 |
| 16/12/2022 | Normandy Community |
Therapy Garden | 7,000 | |
| 16/12/2022 | Age Concern (Eastbourne) | No2 | 7,000 | |
| 16/12/2022 | Age Well East | 7,000 | ||
| 01/02/2023' | Kent Enterprise Trust |
2,000 | ||
| 01/02/2023 | Memory Lane Eastboume | 3,000 | ||
| 01/02/2023 | Nancy Oldfleld Trust | 3,000 | ||
| 01/02/2023 | Leicester Smaritans | 5,000 | ||
| 01/02/2023 | Storeroom 2010 | 5,000 | ||
| 01/02/2023 | Teen Enterprise UK |
5,000 | ||
| 01/02/2023 | George Coller Memorial | Fund | 6,000 | |
| 01/02/2023 | Little Hiccups | 6,000 | ||
| 01/02/2023 | Streetbikes | 8,000 | ||
| 01/02/2023 | Handicapped Children's |
Action Group | 9,000 | |
| Total | 319,000 |
| ERNANCE | COST | S | |||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Management | and | administration | costs | ||
| Professional | and legal fees | 164,805 | 16,800 | ||
| Accountancy | fees | 2,824 | 1,860 | ||
| Audit fees | 3,280 | 2,820 | |||
| Staff salaries | 22,011 | 21,964 | |||
| Pension costs | 424 | 424 | |||
| Insurance | 870 | 2,293 | |||
| Travel, stationery, | postage and office expenses | 5,228 | 4152 | ||
| 199,442 | 50313 |
| average number ofperson's employed during |
the year was 1 (2022 —1) | |
|---|---|---|
| 2023 | 2022 | |
| E | ||
| Staffcosts were as follows: | ||
| Staff salaries | 20,373 | 20,373 |
| Social security costs | 1,638 | 1,591 |
| Pension costs | 424 | 424 |
| 22,435 | 22,388 |
| GIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| F | ||||
| Freehold and leasehold | investment | property | ||
| As at 6April 2022 | 18,045,000 | 17,570,000 | ||
| Additions | ||||
| Disposals | (7,430,000) | (650,000) | ||
| Revaluations | 1,125,000 | |||
| Balance as at 5 April 2023 | 10,615,000 | 18,045,000 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| E | |||||
| Investments Valuation |
|||||
| Market value as at 6 April 2022 | 550,382 | 518,391 | |||
| Additions | |||||
| Disposals | |||||
| Revaluations | 41,709 | 31,991 | |||
| Market value as at 5April 2023 | 508,673 | 550,382 | |||
| charity held the following | material | UK investment | portfolios as at 5April 2023: | ||
| 2023 | |||||
| Iwaterial UK Investments |
|||||
| Cazenove Income Maximiser |
Fund | 124,159 | |||
| Cazenove Charity Multi-Asset |
Fund | 384,514 | |||
| Market value as at 5April 2023 | 508,673 |