OpenCharities

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2023-04-05-accounts

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RestrictedTotalFunds
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2023

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2023

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2023

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2023

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TotalFunds
2022
â
TotalFunds
2022
â
lncomeandendowments from:
Cha¡itable activities 2 81,573 81,573 83,005 83,005
lnvestments 3 38,757 38,757 36,996 36,S96
Total 120.330 120,330120,001 120,001
Expenditureon:
Charitable âctivities
Olher
2
5
(53,392)
(4.596)
{53,392)
{4,5e6)
(85,125)
(4,798)
(8s,125)
(4,798)
Total (57.988) (57,988) (89,923) (89,923)
Netgainsi(losses)on
investments
T (50,977) (50,977)107,025 147,025
Net íncome 11,365 1 1,365 137,103 '137,103
Reconciliationoffunds:
Fundsbroughi lorward 1,821,398 351,666 2J73,064 1.684,295351.666 2.035.961
Fundscarriedfon¡rard 10 1,832,763 351.666 2.184.429 1,82'1,398 351.666 2173364

Note 2Q23 2022
e
Fixed assets:
Tangible assets 6 509,354 514,354
lnvestments 7 1,296,154 1,347,131
Totalfixedassets 1,805,508 1.861,485
Current assets:
Debtors I 16,499 93,322
Cash at bank andin hand 369,870 229,127
Total current assets 386,369 322,449
Liabilities:
Creditors: Amountsfallingdue
within one year 9 7,448 10,870
Netcurrent assets 378,921 311,579
Total assets less currentliabilities 2,184,429 2,173,064
Totel net âssêts _zJþ!,42s
Thefundsof the charity:
Restrictedfunds
10 351,666 351,666
Unrestricted
Unrestrlctedfunds 10 1.293,267 1,230,925
Unrestricted revaluationreserye 10 539,496 590,473
Total unrestricted 1.832,763 "1,821,398
Totalfunds _JJ34.42e 2.173.0M

investment gains arereflectedintheStatementofFinancialAct
Charitableactivities

ivities.
2023 2022
Unrestracted Unrestricted
Funds Funds
e
lnco¡ne:
Maintenance contributionsandrent received 81,059 82,446
Sundry lncome 514 559
81,573 83,00s
Expenses:
Property oulgoings, insu¡ance and commission (40,997) (43,850)
Support costs (11,545) (10,s02)
Renovation expenses (850) {30.773)
___199,394 {85,125}
lncome from investments 2023 2022
Unrestricted Unrestricted
Funds Funds
g
Dividends
COIFdepositinterest
37,688
1,069
:::3Eëz--

36,948

48
ree6-

Tangible fixed assets UKfreehold
properties
Ê
Historical costas at 6thApril 2822and5thApril2023 534,354
Oepreciation broughtforuardal6April2022 20,000
Depreciation chargedinthe year 5,000
Depreciation carried forwardat5April2023 25,000
NetBook Value brought forwardal6April 2A22 514,354
NetBookValue carried forwardat5Aprit2023 509,354
An¡ndependentvaluation, commissionedin May2016, indicatedtha
properties wasin theregionof Ê5,000,000.
t themarket valueoftheland and
Fixed asset investments
Netbook valueas at 6thApril2022 1,347,131
Unrealised gains {50,977)
Netþook valueas at 5ihApril2023 1,296,154

11 Analysisofnetass€ts betweenfunds
Unrèstricted R6slricted Iotal
Funds Funds Funds
f t â
Fixed assets
Current assets
1,453,842
386,369
,*:
351
1,805,508
38ô,369
Curre,ìtliabilities (7,448) (7,448)
Totafnetassets -î;õ27es- ---36Gæ- ,