| Page | ||
|---|---|---|
| Report ofthe Trustees | ||
| Independent Examiner's |
Report | |
| Statement ofFinancial | Activities | |
| Balance Sheet | 10 | |
| Notes to the Financial Statements | 11-17 |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| Funds | fund | 2022 | 2021 | |||
| Income | ||||||
| Investment income (Note 2) |
31,301 | 31,301 | 28,667 | |||
| Realised investment gains |
74,154 | 74,154 | 18,353 | |||
| Total | 31,301 | 74,154 | 105,455 | 47,020 | ||
| Expenditure | ||||||
| Charitable Activities (Note 3) |
(37,984) | (37,984) | (47,041) | |||
| Investment management |
fees | (13,919) | (13,919) | (12,937) | ||
| Total | (37,984) | (13,919) | (51,903) | (59,978) | ||
| Net income/(expenditure) | (6,683) | 60,235 | 53,552 | (12,958) | ||
| Other recognised | gains | and losses | ||||
| (note 9) | ||||||
| Increase/(Decrease) | in value ofinvestments | 66,690 | 66,690 | 185,996 | ||
| Net movement in |
funds | before transfers | (6,683) | 126,925 | 120,242 | 173,038 |
| Transfer between | funds | 18,001 | (18,001) | |||
| Net movement in |
funds | in year | 11,318 | 108,924 | 120,242 | 173,038 |
| Reconciliation offunds | ||||||
| Balances brought | forward | 1,743 | 1,586,714 | 1,588,457 | 1,415,419 | |
| Balances carried | forward | 13,061 | 1,695,638 | 1,708,699 | 1,588,457 |
| Notes | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Fixed Assets | ||||||
| Invesnnents | at market value | 10 | 1,655,934 | 1,529,004 | ||
| Current Assets |
||||||
| Debtors- investment income receivable |
8,257 | 7,997 | ||||
| Cash at bank | 11 | 61,574 | 77,748 | |||
| 69,831 | 85,745 | |||||
| Current liabilities |
||||||
| Creditors due with one year |
13 | (17,066) | (26,292) | |||
| Net current | assets | 52,765 | 59,453 | |||
| Net assets | 1,708,699 | 1,588,457 | ||||
| Funds | ||||||
| Unrestricted | income fund | 14 | 13,061 | 1,743 | ||
| Endowment | (Capital) fund | 14 | 1,695,638 | 1,586,714 | ||
| 1,708,699 | 1,588,457 |
| Not | es to the financial st | atements- | continued | ||
|---|---|---|---|---|---|
| 2 | Investment income |
||||
| 2022 | 2021 | ||||
| s | |||||
| Ouoted investments | |||||
| Interest and dividends | 31,261 | 28,562 | |||
| Other investment income |
|||||
| Bank deposit interest | 40 | 105 | |||
| 31/01 | 28,667 | ||||
| 3 | Resources expended | on charitable | activities | ||
| 2022 | 2021 | ||||
| Grants payable | 30,348 | 36,778 | |||
| Support costs related to grant making: | |||||
| Staffcosts (note 6) | 6,000 | 7,047 | |||
| Postage, stationery | and printing | 330 | 280 | ||
| ITcosts | 800 | ||||
| Telephone and internet |
736 | ||||
| Examination and accountancy |
1,000 | 1,000 | |||
| Bank charges | 253 | 190 | |||
| Sundry | 53 | 210 | |||
| 37,984 | 47,041 | ||||
| 4 | Grants payable | ||||
| 2022 | 2021 | ||||
| Grants written back | (5,911) | (2,495) | |||
| Grants approved in |
year (note 5) | 36,259 | 39,273 | ||
| 30P4S | 36,778 |
| Notes | to the financial statements- | to the financial statements- | continued | ||
|---|---|---|---|---|---|
| 5 | Grants approved in year |
||||
| 2022 | 2021 | ||||
| Grants for education | |||||
| StJohn's School | 1,000 | ||||
| Aldworth School |
995 | ||||
| Little Apples ofBram1ey | 746 | ||||
| Cranboume School |
2,400 | ||||
| KIDSBasingstoke | 1,400 | ||||
| StMark's Primary School |
989 | ||||
| Costello Technology College |
1,170 | ||||
| 1,995 | 6,705 | ||||
| Grants for the arts | |||||
| Kala the Arts (2 grants) | 2,750 | ||||
| Kingsclere Singers |
720 | ||||
| Horseshoe Theatre Company |
1,000 | ||||
| Fluid Motion Theatre | 2,146 | 1,470 | |||
| Top ofthe Town Studios and Galleries | 1,400 | ||||
| Pied Piper Theatre Company | 300 | ||||
| Destination Basingstoke |
2,400 | ||||
| 6,616 | 5,570 | ||||
| Grants for social and cotumunity | action | ||||
| Sebastian's Action Trust |
1,752 | ||||
| Clifton Meadow | 1,318 | ||||
| Basingstoke Disability Forum |
358 | ||||
| North Waltham Petanque |
500 | ||||
| Hampshire Breast Feeding |
2,200 | ||||
| Winklebury Scouts |
1,000 | ||||
| SeeAbility Fir Tree Lodge | 1,000 | ||||
| Cancer Services Partnership | 1,000 | ||||
| Whitchurch Conservation |
Group | 1,250 | |||
| Monk Sherborne Village Hall |
1,000 | ||||
| Stratfield Turgis Cricket Club | 1,000 | ||||
| Sherfield Village Hall | 1,000 | ||||
| 8~Basingstoke Scouts |
900 | ||||
| East Oakley Village Hall | 900 | ||||
| Town Centre Chaplains | 62 | ||||
| Alton Cardiac Rehab | 1,500 | ||||
| StMichaels Hospice | 2,000 | ||||
| Inspero | 1,340 | ||||
| St Mark* s Church | 2,500 |
| tees' Annual Report and unaudited financial stat 5April 2022 |
tees' Annual Report and unaudited financial stat 5April 2022 |
tees' Annual Report and unaudited financial stat 5April 2022 |
ements for the year en |
ded |
|---|---|---|---|---|
| Notes to the financial statements- | 2022 | 2021 | ||
| continued | ||||
| 5Grants approved in |
year | |||
| Samaritans Basingstoke |
2,293 | |||
| Lords Field Swimming | Club | 1,500 | ||
| Basingstoke Tinnitus Group |
875 | |||
| Oakley Stitchers | 400 | |||
| Overton Tennis Club | 750 | |||
| Julian House | 400 | |||
| Basingstoke &District | Young Carers | 1,949 | ||
| St Mark's Church | 1,000 | |||
| Telegu | 363 | |||
| Tadley CAB | 1,000 | |||
| Money Lifeline Basingstoke | 2,000 | |||
| MHA 'Live at home scheme' | 1,700 | |||
| The Warren Youth Club | 500 | |||
| Spotlight UK | 1,000 | |||
| Tadley Community Centre |
400 | |||
| Kingsclere Village Club | 837 | |||
| Basingstoke &Distdct | Young Carers | 1,750 | ||
| Oakley Stitchers | 400 | |||
| Red Cross Basingstoke | 2,000 | |||
| Basingstoke Counselling |
Service | 1,200 | ||
| Heath End Village Hall | 500 | |||
| Brighton Hill Football | Club | 2,500 | ||
| Overton Cricket Club | 750 | |||
| Read Easy | 1,000 | |||
| Bessom | 5,000 | |||
| 27,649 | 26,999 | |||
| Total Grants approved | in year | 36&259 | 39,273 |
| 2022 | 2021 | ||
|---|---|---|---|
| f. | |||
| Net | wages | 4,800 | 5,638 |
| Tax | and NI paid over | 1400 | 1.409 |
| 6,000 | 7,047 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Market value ofinvestments | at start ofyear | 1,529,004 | 1,337,591 | |
| Investment management |
fees | (13,914) | (]2,937) | |
| Gains realised in year | 74,154 | 18,353 | ||
| Market value ofinvestments | at end ofyear | (1,655,934) | (1,529,004) | |
| Unrealised investment |
(gains)/losses | (66,690) | (185,996) |
| 10 | Investments at market value |
||
|---|---|---|---|
| 2021 | 2021 | ||
| Waverton Investments portfolio |
1,655,934 | 1,529,004 | |
| 11 | Cash at bank and in hand | ||
| 2022 | 2021 | ||
| Cash at bank and on deposit | 61,574 | 77,74g | |
| 12 | Grants outstanding | ||
| ?022 | 2021 | ||
| K | |||
| Grants outstanding at start ofyear |
25,292 | 11,579 | |
| New grants offered in year | 36,261 | 39,274 | |
| Less grants not required | (5,911) | (2,495) | |
| Less grants paid in year (net ofreceipts) | (39,576) | (23,066) | |
| Grants outstanding at end ofyear |
16,066 | 25,292 | |
| 13 | Creditors: Amounts falling due within one year |
||
| 2022 | 2021 | ||
| Grants outstanding | 16,066 | 25,292 | |
| Accountancy and examination fees |
1,000 | 1,000 | |
| 17,066 | 26,292 |
| Note | s to the financial statements- co |
s to the financial statements- co |
ntinued | ||
|---|---|---|---|---|---|
| 14 | Analysis ofnet assets between funds | ||||
| Unrestricted | Endowment | Total | |||
| Income fund | Fund | ||||
| Investments | 1,655,934 | 1,655,934 | |||
| Debtors | 8,257 | 8,257 | |||
| Cash | 19,575 | 41,999 | 61,574 | ||
| Creditors | (17,066) | (17,066) | |||
| Inter-fund | balance | 2,295 | (2495) | ||
| 13,061 | 1,695,638 | 1,708,699 |