| Page | |
|---|---|
| Report ofthe Trustees | 2 to 20 |
| Report ofthe Independent Auditors |
21 to23 |
| Statement of Financial Activities | 24 |
| Balance Sheet | 25 |
| Cash Flow Statement | 26 |
| Notes to the Cash Flow Statement | 27 |
| Notes to the Financial Statements | 28 to44 |
| Detailed Statement of Financial Activities | 45 to46 |
| 31.3.23 | 31.3.22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||||||
| funds | funds | funds | funds | ||||||
| as restated | |||||||||
| Notes | 6 | ||||||||
| INCOME AND ENDOWMENTS | FROM | ||||||||
| Charitable activities |
3 | ||||||||
| Letting ofproperties, | room | hire and car park | 31,566 | 31,566 | 3,214 | ||||
| Westmead project |
300,000 | ||||||||
| Investment income |
2 | 1716 | 462589 | 464 305 | 5DI 617 | ||||
| Total | 33,282 | 462580 | 495 871 | 804,831 | |||||
| EXPENDITURE ON | |||||||||
| Raising funds | 65,647 | 65,647 | 74,340 | ||||||
| Charitable activities |
|||||||||
| Relief ofthe disadvantaged | 80,302 | 80,302 | 90,116 | ||||||
| Advancement ofeducation |
and work with | ||||||||
| young people | 76,870 | 76,870 | 26,503 | ||||||
| Promotion ofother charitable | purposes | 172,128 | 172,128 | 116,130 | |||||
| Letting ofproperties, | room | hire and csr park | 8,093 | 8,093 | |||||
| Other | 272 836 | 272 836 | 205 732 | ||||||
| Total | 610.229 | 65,647 | 675876 | 512,821 | |||||
| Net gains/(losses) on |
investments | ~46.891) | ~011,699) | ~808,090) | J1,321 016) | ||||
| NET INCOME/(EXPENDITURE) | (623,838) | (414,757) | (1,038,595) | (1,029,006) | |||||
| RECONCILIATION OF FUNDS |
|||||||||
| Total funds brought | forward | ||||||||
| As previously reported Prior year adjustment |
10 | 3,070,731 369669 |
14,244,814 - |
17,315,545 369689 |
18,714,220 | ||||
| As restated | 3,440,400 | 14,244,814 | 17,685,214 | 18,714,220 | |||||
| TOTAL FUNDS CARRIED | FORWARD | 2,816,562 | 1383D057 | 16,646,.619 | 17685214 |
| Ogi~+QO CHIPPENHAM |
Ogi~+QO CHIPPENHAM |
Ogi~+QO CHIPPENHAM |
|||||
|---|---|---|---|---|---|---|---|
| Borough Lands ~BOO 5UPPORTIUG THE COMMUMTV 5IRCE 1551 |
|||||||
| Balance Sheet | |||||||
| 31 | March 2023 | ||||||
| 31.3.23 | 31.3.22 | ||||||
| Unrestricted | Endowment | Total | Total | ||||
| funds | funds | funds | funds | ||||
| Notes | f | as restated f |
|||||
| FIXEDASSETS | |||||||
| Tangible assets | 11 | 1,425,480 | 130,022 | 1,555,502 | 1,363,109 | ||
| Investments | |||||||
| Investments | 12 | 1 | 12,967,840 | 12,967,841 | 13,932,645 | ||
| Investment property |
13 | 968,345 | 631,655 | 1,600,000 | 1,600,000 | ||
| Social Investments | 14 | 2 DDD | |||||
| 2,393,826 | 13,729,517 | 16,123,343 | 16,897,754 | ||||
| CURRENT ASSETS | |||||||
| Debtors | 15 | 101,291 | 101,291 | 373,563 | |||
| Cash at bank and | in hand | 389539 | 100540 | 49D 139 | 516173 | ||
| 490,890 | 100,540 | 591,430 | 889,736 | ||||
| CREDITORS | |||||||
| Amounts falling due within one year |
16 | (68,154) | (68,154) | (102,276) | |||
| NET CURRENT ASSETS | 422,736 | 100.640 | 523 276 | 787460 | |||
| TOTAL ASSETS | LESSCURRENT | ||||||
| LIABILITIES | 2,816,562 | 13,830,057 | 16,646,619 | 17,685,214 | |||
| NET ASSETS | 2.816562 | 13830,057 | 16646619 | 17685214 | |||
| FUNDS | 17 | ||||||
| Unrestricted funds |
2,816,562 | 3,440,400 | |||||
| Endowment funds |
13.83D,057 | 14 244 814 | |||||
| TOTALFUNDS | 16.646619 | 17685214 |
| Cash Flow Statement Oj+V+ ~roe |
Cash Flow Statement Oj+V+ ~roe |
Cash Flow Statement Oj+V+ ~roe |
~ CHIPPENHAM Borough L 5UPPORIINGTNECOMMUNITV |
||
|---|---|---|---|---|---|
| for | the Year Ended 31 March 2023 | ||||
| 31.3.23 | 31.3.22 | ||||
| as restated | |||||
| Notes | 6 | ||||
| Cash flows from operating activities Cash generated from operations Interest paid |
1 | (311,343) ~25 |
493,853 | ||
| Net cash (used in)/provided by operating |
activities | ~311.368) | 493853 | ||
| Cash flows from investing activities |
|||||
| Purchase oftangible fixed assets | (209,148) | (462,672) | |||
| Purchase offixed asset investments | (192) | ||||
| Purchase ofinvestment property Sale offixed asset investments |
(44,891) 153,105 |
(3,238,823) 1,911,094 |
|||
| Interest received | 2,237 | 1,595 | |||
| Dividends received |
462,068 | 500 022 | |||
| Net cash provided by/(used in) investing |
activities | 363371 | ~1,288,976) | ||
| Cash flows from financing activities |
|||||
| Income attributable to endowment Expenditure attributable to endowment |
(12,390) ~60,647) |
~75,948) | |||
| Net cash used in financing activities |
~78.037) | ~75,948) | |||
| Change in cash and cash equivalents |
|||||
| in the reporting period |
(26,034) | (871,071) | |||
| Cash and cash equivalents at the |
|||||
| beginning ofthe reporting period |
516,173 | 1,387,244 | |||
| Cash and cash equivalents at the ofthe reporting period |
end | 490,139 | 516,173 |
| ACTIVITIES | ||||||
|---|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | |||||
| f | as restated f |
|||||
| Net expenditure for the |
reporting | period (as per the Statement | ||||
| of Financial Activities) Adjustments for: |
(1,038,595) | (1,029,006) | ||||
| Depreciation charges |
16,755 | 17,114 | ||||
| Losses on investments | 858,590 | 1,321,016 | ||||
| Interest received | (2,237) | (1,595) | ||||
| Interest paid | 25 | |||||
| Dividends received |
(462,068) | (500,022) | ||||
| Income attributable to endowment |
12,390 | |||||
| Expenditure attributable |
to endowment | 65,647 | 75,948 | |||
| Decrease in debtors Decrease in creditors |
272,272 ~34 122) |
694,241 ~83843) |
||||
| Net cash (used in)/provided | by operations | ~311343) | 483 883 | |||
| 2. | ANALYSIS OF CHANGES | IN NET | FUNDS | |||
| At 1.4.22 f |
Cash flow f |
At 31.3.23 | ||||
| Net cash | ||||||
| Cash at bank and in hand | 516,173 | ~26,034) | ~490 139 | |||
| ~516173 | ~26,034) | ~490 139 | ||||
| Total | ~516 173 | ~26 034) | ~490 139 |
| 31.3.23 | 31.3.22 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| as restated | |||||||||
| f | F | ||||||||
| Other fixed | asset | invest - | Fll | 462,068 | 500,022 | ||||
| Interest receivable | 2,236 | 1,595 | |||||||
| 464,304 | ~501 617 | ||||||||
| INCOME FROM CHARITABLE ACTIVITIES | |||||||||
| 31.3.23 | 31.3.22 | ||||||||
| as restated | |||||||||
| Activity | 6 | ||||||||
| Letting of | properties, | room hire and car | |||||||
| Rents received | park | 31,566 | 3,214 | ||||||
| Grants | Westmead | project | ~300000 | ||||||
| 31,566 | ~303214 | ||||||||
| Grants received, | included | in | the above, | are as follows; | |||||
| 31.3.23 | 31.3.22 | ||||||||
| as restated | |||||||||
| 6 | F | ||||||||
| Westmead | Project | 300,000 | |||||||
| RAISING FUNDS | |||||||||
| Investment | management | costs | 31.3.23 | 31.3.22 | |||||
| as restated | |||||||||
| Portfolio management | 95,734 | 110,956 | |||||||
| Sarasin portfolio | management | rebate | ~30,087) | ~36,616) | |||||
| 65,647 | 74,340 |
| Grant | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| funding | of | ||||||||||||
| activities | Support | ||||||||||||
| Direct | (see note | costs (see | |||||||||||
| Costs f |
6)f | note 7) f |
Totals f |
||||||||||
| Relief ofthe | disadvantaged | 4,924 | 75,378 | 80,302 | |||||||||
| Advancement | ofeducation | and work | |||||||||||
| with young | people | 449 | 74,790 | 1,631 | 76,870 | ||||||||
| Promotion | ofother charitable | ||||||||||||
| purposes | 86,335 | 71,753 | 158,088 | ||||||||||
| Letting of | properties, | room | hire and | ||||||||||
| car park | 8,093 | 8,093 | |||||||||||
| ~99 801 | ~221 921 | 1 631 | 323353 | ||||||||||
| GRANTS | PAYABLE | ||||||||||||
| 31.3.23 | 31.3.22 | ||||||||||||
| f | as restated f |
||||||||||||
| Relief ofthe | disadvantaged | 75,378 | 90,116 | ||||||||||
| Advancement | ofeducation | and work with | young people | 74,790 | 26,503 | ||||||||
| Promotion | ofother chaditable | purposes | ~71753 | 52668 | |||||||||
| 221,921 | 169287 | ||||||||||||
| The total grants paid |
to institutions | during | the year was as follows: | ||||||||||
| 31.3.23 | 31.3.22 | ||||||||||||
| f | as restated f |
||||||||||||
| Relief ofthe | disadvantaged | 47,005 | 41,798 | ||||||||||
| Advancement | ofeducation | and work with | young people | 73,067 | 25,417 | ||||||||
| Promotion | of | other charitable | purposes | 67,517 | 48,618 | ||||||||
| 187,589 | 115,833 | ||||||||||||
| The total grants paid |
to individuals | during | the year was as follows: | ||||||||||
| 31.3.23 | 31.3.22 | ||||||||||||
| f | as restated f |
||||||||||||
| Relief ofthe | disadvantaged | 28,373 | 48,318 | ||||||||||
| Advancement | ofeducation | and work with | young people | 1,723 | 1,086 | ||||||||
| Promotion | of | other charitable | purposes | 4,236 | ~4050 | ||||||||
| 34,332 | 53,454 |
| 2023 f |
2022 F |
|||
|---|---|---|---|---|
| Advancement ofeducation |
and work | with young people | 69,421 | 58,233 |
| Promotion ofother charitable purposes |
50,900 | 61,214 | ||
| Relief ofdisadvantaged | 46 666 | 39,612 | ||
| Total awarded institutions |
over 61,000 | 166,821 | 159,059 | |
| Food vouchers | 32,000 | 16,800 | ||
| Other grants provided to institutions Write back creditor awards not paid |
below 61,000and to individuals out |
39,483 40,375 ~16383)~46947) |
||
| 221,921 | 169,287 |
| GRANTS PAYABLE - | co | ntinued | ||
|---|---|---|---|---|
| 2023 f |
2022 f |
|||
| Charter Rose Resource Base | 1,364 | |||
| The Rise Trust | 3,860 | |||
| Chippenham Hospital |
Centre | 1,500 | ||
| CPM sounds CIC | 1,500 | |||
| Sheldon Road Methodist |
Church Beacon Centre | 1,300 | ||
| The Stay Safe Initiative | CIC | 1,500 | ||
| Wilts and Berk Canal Trust | 10,000 | |||
| Yesterdays Story CIC |
4,959 | |||
| Youth adventure Trust |
2,420 | |||
| Refashion my town |
14,775 | 14,400 | ||
| Youth Adventure Trust |
2,420 | |||
| Fringe February | 13,900 | |||
| Chippenham Borough |
Lands Charity | 2,000 | ||
| Access Safety | 2,000 | |||
| Chippenham Sea Cadets |
1,500 | |||
| Chippenham Town Council |
3,000 | |||
| Chippenham Tri Club |
2,770 | |||
| Pewsham Community |
Centre Association | 1,000 | ||
| Sheldon Road Methodist |
Church Beacon Centre | 1,200 | ||
| The Stay Safety Initiative | 1,500 | |||
| Wiltshire Outdoor Learning Team |
1,500 | |||
| Wiltshire Scrapstore & |
Resource Centre | 1,000 | ||
| AKA Dance | 1,300 | |||
| Casson 8 Friends | 1,400 | |||
| Chippenham Folk Festival |
10,000 | 1,500 | ||
| Chippenham Museum |
&Heritage Centre | 1,600 | ||
| Curious Company |
1,500 | |||
| The Bean Spillers | 1,224 | |||
| Wiltshire Rural Music |
1,360 | |||
| Wiltshire Scrapstore & |
Resource Centre | 1,000 | ||
| AKA Dance | 1,300 | |||
| Casson &Friends | 1,400 | |||
| Chippenham Folk Festival |
1,500 | |||
| Chippenham Museum |
8 Heritage Centre | 1,800 | ||
| Curious Company | 1,500 | |||
| The Bean Spillers | 1,224 | |||
| Wiltshire Rural Music |
1,360 | |||
| Wiltshire Swindon History |
Centre | 1,500 |
| Relief ofthe disadvantaged | totals tof46,500 | (2022:f39, | 612) | ||
|---|---|---|---|---|---|
| 2023 f |
2022 | ||||
| Back on Track - Stroke Rehab | 10,000 | ||||
| Doorway Wiltshire | 15,000 | 15,000 | |||
| Chippenham Day Centre |
3,000 | ||||
| Inclusive Intergenerational |
Dance | 1,500 | |||
| Relate Wiltshire and Somerset | 10,390 | ||||
| Sheldon Methodist Church |
Beacon Centre | 2,000 | |||
| StPeters Church | 2,500 | ||||
| Waste Not Want Not | 5,000 | ||||
| Chippenham Debt Centre |
10,000 | ||||
| Carer Support Wiltshire | 2,078 | ||||
| Children's Hospice South |
West | 10,000 | |||
| Chippenham &District Talking Newspapers Wilts & Berks Canal Trust |
1,500 4,825 |
||||
| Wiltshire Bobby Van Trust |
4,825 | ||||
| Wiltshire Mind |
3,709 | ||||
| SUPPORT COSTS | |||||
| Other | |||||
| charitable | |||||
| Management f |
Finance | costs f |
|||
| Other resources expended | 151,512 | 312 | 27,559 | ||
| Advancement ofeducation |
and work | ||||
| with young people |
1,631 | ||||
| 151,512 | 312 | 29,190 | |||
| Building | Admin | Governance | |||
| SUpport f |
support p |
costs f |
Totals f |
||
| Other resources expended | 58,419 | 37,567 | 11,507 | 286,876 | |
| Advancement ofeducation |
and work | ||||
| with young people |
1,631 | ||||
| 58,419 | ~37 567 | 11,507 | 288,507 |
| Management | |||||
|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||
| as restated | |||||
| Other | |||||
| resources | Total | ||||
| expended f |
activities f |
||||
| Salaries and | wages | 76,462 | 78,447 | ||
| Social security | 4,682 | 4,703 | |||
| Pensions | 1,796 | 1,750 | |||
| Sundries | 6,646 | 9,819 | |||
| Legal and professional | 37,537 | 15,329 | |||
| Land maintenance | ~24 389 | 27,029 | |||
| ~151 512 | 137077 | ||||
| Finance | |||||
| 31.3.23 | 31.3.22 | ||||
| as restated | |||||
| Other | |||||
| resources | Total | ||||
| expended | activities f |
||||
| Bank charges | 312 | ~2089 | |||
| Other charitable costs | |||||
| 31.3.23 | 31.3.22 | ||||
| as restated | |||||
| Advancement | |||||
| of | |||||
| education | |||||
| and work | |||||
| Other | with | ||||
| resources | youllg | Total | Total | ||
| expended f |
people f |
activities f |
activities f |
||
| Salaries and | wages | 7,371 | |||
| Pensions | 34 | ||||
| Insurance | 1,552 | 1,552 | 1,424 | ||
| Maintenance | of mobility aids | 383 | 383 | 96 | |
| Play area | 10,500 | 10,500 | |||
| Depreciation | oftangible fixed assets | 15,124 | 1,631 | 16,755 | 17,114 |
| 27,559 | 1,631 | 29,190 | 26,039 |
| Building | supp | ort | |||
|---|---|---|---|---|---|
| 31.3.23 | 31.3.22 | ||||
| as restated | |||||
| Other | |||||
| resources | Total | ||||
| expended f |
activities | ||||
| Insurance | 1,552 | 1,424 | |||
| Light and | heat | 9,504 | 1,828 | ||
| Repairs and maintenance | 47,363 | 2,061 | |||
| 58,419 | 5,313 | ||||
| Admin support | 31.3.23 | 31.3.22 | |||
| as restated | |||||
| Other | |||||
| resources | Total | ||||
| expended f |
activities f |
||||
| Insurance | 1,552 | 1,424 | |||
| Telephone | 5,128 | 3,523 | |||
| Postage and stationery Training |
3,946 4,356 |
1,771 3,703 |
|||
| Memberships | and subscriptions | 894 | |||
| Computer Advertising |
software and | maintenance | 20,589 569 |
10,775 2,074 |
|
| Room hire | 533 | ||||
| 37,567 | ~23 270 | ||||
| Governance | costs | ||||
| 31.3.23 | 31.3.22 | ||||
| as restated | |||||
| Other | |||||
| resources | Total | ||||
| expended | activities f |
||||
| Trustees' | expenses | 442 | 556 | ||
| Auditors' | remuneration | 6,840 | 5,700 | ||
| Auditors' | remuneration | for non audit | |||
| work | 4,200 | 5,688 | |||
| Bank interest | 25 | ||||
| 11,507 | ~11 944 |
| 2023 f |
2022 8 |
|
|---|---|---|
| Wages and salaries | 148,235 | 141,138 |
| Social security costs | 12,766 | 7,732 |
| Pension | 3,096 | 2 975 |
| 164 997 | 151.946 |
| 31.3.23 | 31.3.22 | |
|---|---|---|
| as restated | ||
| Welfare Officer | 1 | 1 |
| Education Officer |
1 | 1 |
| Administration | 5 | 5 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Community | |||
| centres | |||
| and | |||
| Freehold | Freehold | similar | |
| landf | buildings f |
assets | |
| COST | |||
| At 1 April 2022 | 481,293 | 738,734 | 160,000 |
| Additions | 19896D | ||
| At 31 March 2023 | 481,293 | 738,734 | 358,960 |
| DEPRECIATION | |||
| At 1 April 2022 | 17,400 | 19,202 | |
| Charge for year | 5 80D | 6,398 | |
| At 31 March 2023 | 23,200 | 25,600 | |
| NET BOOK VALUE | |||
| At 31 March 2023 | 481,293 | 715.534 | 333,360 |
| At 31 March 2022 | 481,293 | 721,334 | 140,798 |
| Off-site | Office | ||
| equipment f |
equipment F |
Totals F |
|
| COST | |||
| At 1 April 2022 | 89,990 | 36,441 | 1,506,458 |
| Additions | 10,188 | 209,148 | |
| At 31 March 2023 | 89,990 | 46,629 | 1,715,606 |
| DEPRECIATION | |||
| At 1 April 2022 | 78,989 | 27,758 | 143,349 |
| Charge for year | 2,202 | 2,355 | 16,755 |
| At 31 March 2023 | 81,191 | 30,113 | 160,104 |
| NET BOOK VALUE | |||
| At 31 March 2023 | 8799 | 16,516 | 1 555,502 |
| At 31 March 2022 | 11,001 | 8,683 | 1 363 ID9 |
| FIXEDASSET INVESTMENTS | ||||
|---|---|---|---|---|
| Shares | in | |||
| group | Listed | |||
| undertakings f |
investments f |
Totals f |
||
| MARKET VALUE | ||||
| At 1 April 2022 | 1 | 13,932,644 | 13,932,645 | |
| Disposals Revaluations |
(153,106) ~811,6907 |
(153,106) ~811,6987 |
||
| At 31 March 2023 | I | 12967840 | 12,967.841 | |
| NET BOOK VALUE | ||||
| At 31 March 2023 | I | 12,967,84D | 12967841 | |
| At 31 March 2022 | I | 13932,644 | 13.932645 |
| 13. | forthe Year INVESTMENT PROPERTY |
Ended 31 March 2023 | ||
|---|---|---|---|---|
| FAIR VALUE | ||||
| At 1 April 2022 | 1,600,000 | |||
| Additions Revaluation |
44,891 ~44,001) |
|||
| At 31 March 2023 | 1,600,000 | |||
| NET BOOK VALUE | ||||
| At 31 March 2023 | 1,600000 | |||
| At 31 March 2022 | 1,60D,DDD | |||
| Fair value at 31 March 2023 is represented | by: | |||
| Valuation in 2022 |
(1,683,714) | |||
| Cost | 3,283,714 | |||
| 1,600,000 | ||||
| 14. | SOCIAL INVESTMENTS | |||
| Programme | ||||
| related | ||||
| investments | ||||
| loans | ||||
| E | ||||
| MARKET VALUE | ||||
| At 1 April 2022 Other movements |
2,000 ~2.000) |
|||
| At 31 March 2023 | ||||
| NET BOOK VALUE | ||||
| At 31 March 2023 | ||||
| At 31 March 2022 | 2,000 | |||
| 15. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.23 | 31.3.22 | |||
| as restated | ||||
| f | 6 | |||
| Trade debtors | 1,819 | |||
| Other debtors | 89,553 | 353,162 | ||
| Prepayments and accrued income |
9,919 | 20,401 | ||
| 101,291 | 373,563 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN |
ONE YEAR | |
|---|---|---|
| 31.3.23 | 31.3.22 | |
| f | as restated f |
|
| Trade creditors | 49,473 | 81,031 |
| Taxation and social security | 2,922 | |
| Other creditors | 15,759 | ~21 245 |
| 68,154 | ~102276 |
| MOVEMENT | IN FUNDS | ||||
|---|---|---|---|---|---|
| Prior | Net | ||||
| year | movement | At | |||
| At 1.4.22 | adjustment f |
in funds f |
31.3.23 f |
||
| Unrestricted | funds | ||||
| General fund |
3,070,731 | 369,669 | (623,838) | 2,816,562 | |
| Endowment | funds | ||||
| Unapplied Total Return |
11,953,193 | (414,757) | 11,538,436 | ||
| Permanent | Endowment | 2,291 621 | 2291 621 | ||
| 14,244,814 | ~414 757 | 13,830057 | |||
| TOTAL FUNDS | 17315545 . | .369.669 | ~10385957 | 16,646619 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources f |
expended f |
losses | in funds f |
||
| Unrestricted | funds | ||||
| General fund |
33,282 | (610,229) | (46,891) | (623,838) | |
| Endowment | funds | ||||
| Unapplied Total Return |
462,589 | (65,647) | (811,699) | (414,757) | |
| TOTAL FUNDS | 495,871 | (675,876) | (858,590) | (1,038,595) |
| Comparati | ve | s for movement in funds |
|||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1.4.21 | in funds | 31.3.22 | |||
| 8 | 8 | F | |||
| Unrestricted | funds | ||||
| General fund |
5,212,793 | (2,072,393) | 3,140,400 | ||
| Westmead | development | 300,000 | 300,000 | ||
| 5,212,793 | (1,772,393) | 3,440,400 | |||
| Endowment | funds | ||||
| Unapplied | Total Return | 11,209,806 | 743,387 | 11,953,193 | |
| Permanent | Endowment | 2,291,621 | 2,291 621 | ||
| 13,501,427 | 743,387 | 14,244,814 | |||
| TOTAL FUNDS | 18,714.220 | ~1,020.000) | 17,685.214 |
| Comparative | net movement in fund |
s, included in the abo |
ve are as follow | s: | |
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| 6 | 8 | F | |||
| Unrestricted | funds | ||||
| General fund |
3,303 | (436,873) | (1,638,823) | (2,072,393) | |
| Westmead development |
300,000 | 300,000 | |||
| 303,303 | (436,873) | (1,638,823) | (1,772,393) | ||
| Endowment | funds | ||||
| Unapplied Total Return |
501,528 | (75,948) | 317,807 | 743,387 | |
| TOTAL FUNDS | 804,831 | ~512,021) | TI 821 016) | SI 029,006) |
| Prior | Net | |||||
|---|---|---|---|---|---|---|
| year | movement | At | ||||
| At 1.4.21 f |
adjustment f |
in funds f |
31.3.23 f |
|||
| Unrestricted | funds | |||||
| General fund |
5,212,793 | 369,669 | (2,696,231) | 2,886,231 | ||
| Westmead | development | 30D 000 | 3DD 000 | |||
| 5,212,793 | 369,669 | (2,396,231) | 3,186,231 | |||
| Endowment | funds | |||||
| Unapplied | Total Return | 11,209,806 | 328,630 | 11,538,436 | ||
| Permanent | Endowment | 2,291,621 | 2 291 621 | |||
| 13,501,427 | 328,630 | 13830057 | ||||
| TOTAL FUNDS | 10,714,22D | 309,069 | J20070600111 | 17016288 |
| A current yea above are as |
r 12 months and prio follows: |
r year 12 months comb |
ined net move |
ment in funds, |
included in th |
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| I'esouI'ces f |
expended f |
losses f |
in funds f |
||
| Unrestricted | funds | ||||
| General fund |
36,585 | (1,047,102) | (1,685,714) | (2,696,231) | |
| Westmead development |
300,000 | 300000 | |||
| 336,585 | (1,047,102) | (1,685,714) | (2,396,231) | ||
| Endowment | funds | ||||
| Unapplied Total Return |
964,117 | (141,595) | (493,892) | 328,630 | |
| TOTAL FUNDS | 1,300,702 | (1,188,697) | (2~179606) | (2~067601) |
| The trustees have undertaken |
The trustees have undertaken |
to maintain | the total endowment | fund at a value | of no lower | than |
|---|---|---|---|---|---|---|
| 610,000,000. | ||||||
| Total | ||||||
| Permanent | Unapplied | Endowmen | ||||
| endowment 8 |
total return f |
t 6 |
||||
| At 1April 2022 | 2,291,621 | 11,953,193 | 14,244,814 | |||
| Total | 2,291,621 | 11,953,193 | 14,244,814 | |||
| Movements in the reporting |
period: | |||||
| Investment return |
474,979 | 501,528 | ||||
| Realised gains and (losses) | (811,699) | 317,807 | ||||
| Less; investment management |
costs | (78,037) | (75,948) | |||
| Transfer to unrestricted | fund | |||||
| Net movements in reporting |
period | (414,757) | 743,387 | |||
| At 31 March 2023 | ||||||
| Gift component ofthe | permanent | |||||
| endowment | 2,291,621 | 2,291,621 | ||||
| Unapplied total return |
11.538.436 | 11538,436 | ||||
| Total | 2,291,621 | 11,538,436 | 13,830,057 |
| ~ | Mrs EUPPOA |
'ANGTHECOMMUNITV |
||||
|---|---|---|---|---|---|---|
| Detailed Statement of Financial | Activities | |||||
| for the Year Ended 31 March | 2023 | |||||
| 31.3.23 | 31.3.22 | |||||
| as restated | ||||||
| 6 | F | |||||
| INCOME AND ENDOWMENTS | ||||||
| Investment income |
||||||
| Other fixed asset invest - Fll Interest receivable |
462,068 2237 |
500,022 ~1595 |
||||
| 464,305 | 501,617 | |||||
| Charitable activities |
||||||
| Rents received | 31,566 | 3,214 | ||||
| Grants | ~300000 | |||||
| 31,566 | ~303214 | |||||
| Total incoming | resources | 495,871 | 804,831 | |||
| EXPENDITURE | ||||||
| investment management |
costs | |||||
| Porffolio management | 95,734 | 110,956 | ||||
| Sarasin porffolio | management | rebate | ~30087) | ~36616) | ||
| 65,647 | 74,340 | |||||
| Charitable activities |
||||||
| Salaries and wages | 70,895 | 55,320 | ||||
| Social security | 3,084 | 3,029 | ||||
| Pensions | 1,300 | 1,192 | ||||
| Rates and water | 8,597 | |||||
| Insurance | 1,552 | 1,424 | ||||
| Light and heat | 9,504 | 1,828 | ||||
| Travel &Accommodation | 4,150 | 669 | ||||
| Entertainment | 719 | |||||
| Grants to institutions | 187,589 | 115,833 | ||||
| Grants to individuals | ~34332 | 53454 | ||||
| 321,722 | 232,749 | |||||
| Support costs | ||||||
| Management | ||||||
| Salaries and wages | 76,462 | 78,447 | ||||
| Social security | 4,682 | 4,703 | ||||
| Pensions | 1,796 | 1,750 | ||||
| Sundries | 6,646 | 9,819 | ||||
| Legal and professional | 37,537 | 15,329 | ||||
| Land maintenance | ~24 389 | 27,029 | ||||
| 151,512 | 137,077 |
| 31.3.23 | 31.3.22 | ||||
|---|---|---|---|---|---|
| f | as restated 6 |
||||
| Finance | |||||
| Bank charges | 312 | 2,089 | |||
| Finance | |||||
| Other charitable costs | |||||
| Salaries and wages | 7,371 | ||||
| Pensions | 34 | ||||
| Insurance | 1,552 | 1,424 | |||
| Maintenance of mobility |
aids | 383 | 96 | ||
| Play area | 10,500 | ||||
| Depreciation oftangible |
fixed assets | 16,755 | 17,114 | ||
| 29,190 | 26,039 | ||||
| Building support | |||||
| Insurance | 1,552 | 1,424 | |||
| Light and heat | 9,504 | 1,828 | |||
| Repairs and maintenance | 47,363 | 2,061 | |||
| 58,419 | 5,313 | ||||
| Admin support | |||||
| Insurance | 1,552 | 1,424 | |||
| Telephone | 5,128 | 3,523 | |||
| Postage and stationery | 3,946 | 1,771 | |||
| Training | 4,356 | 3,703 | |||
| Memberships and subscriptions |
894 | ||||
| Computer software and |
maintenance | 20,589 | 10,775 | ||
| Advertising | 569 | 2,074 | |||
| Room hire | 533 | ||||
| 37,567 | 23,270 | ||||
| Governance costs | |||||
| Trustees' expenses | 442 | 556 | |||
| Auditors' remuneration |
6,840 | 5,700 | |||
| Auditors' remuneration |
for non audit work | 4,200 | 5,688 | ||
| Bank interest | 25 | ||||
| 11,507 | 11,944 | ||||
| Total resources expended | 675,876 | 512,821 | |||
| Net (expenditure)/income | before gains | ||||
| and losses | (180,005) | 292,010 | |||
| Realised recognised | gains and losses | ||||
| Realised gains/(losses) | on | fixed asset | |||
| investments | (813,699) | 317,807 | |||
| Realised gains/(losses) | on | investment | |||
| property | ~44891) | (1~638823) | |||
| Net expenditure | (1~038595) | (1~029006) |