| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| Funds and Total | Funds and Total | ||||
| Funds | Funds | ||||
| 2022 | 2021 | ||||
| Note | £ | £ | |||
| Income from: | |||||
| Investment Income | |||||
| Dividends on Quoted Investments | 257,188 | 206,694 | |||
| Interest on Stocks | 42,091 | 51,151 | |||
| Bank Interest | 181 | 171 | |||
| Total Income | 299,460 | £ | 258,016 |
||
| Expenditure on : | |||||
| Charitable Activities | 2 & 3 | 241,229 | 169,993 | ||
| Total Expenditure | 241,229 | £ | 169,993 |
||
| Net Income and net movements in funds before | |||||
| gains on investments | 58,231 | 88,023 | |||
| Net gains/(losses) on investment | |||||
| Unrealised gains on investments | 4 | 705,812 | 1,773,892 | ||
| Realised losses on investments | 183,240 | 72,972 | |||
| Net Movement in Funds | 580,803 | 1,934,887 | |||
| Balance brought forward 6th April 2021 | 9,787,171 | 7,852,284 | |||
| Balance carried forward 5th April 2022 | £ | 10,367,974 |
£ | 9,787,171 |
| 2.Direct Charitable Expenditure | 2022 | 2021 | |
| £ | |||
| Donations | |||
| Financial Assistance | 121,400 | 130,739 | |
| Return of Financial Assistance (see note 9) | 90,000 | ||
| J V Trust Week A | |||
| Governance Costs (see note 3) | 119,829 | 129,254 | |
| 241,229 | £ | 169,993 |
| ernance Costs | 2022 | 2021 | ||||
| £ | ||||||
| Trust Management | 51,100 | 73,218 | ||||
| Investment Management | 56,880 | 44,608 | ||||
| Audit | 8,700 | 8,280 | ||||
| Insurance | 408 | 408 | ||||
| Trustees' travel and expenses | 2,700 | 2,691 | ||||
| Bank Charges | 9 | 18 | ||||
| Sundry | 32 | 31 | ||||
| 119,829 | £ | 129,254 | ||||
| Trustees' emoluments were £nil (£nil 2021) | ||||||
| ed Asset Investments | 2022 | 2022 | 2021 | |||
| £ | £ | |||||
| Investments in subsidiary undertaking (Notes 4b & 4c) | 725,396 | 725,396 | ||||
| Quoted Investments | ||||||
| Opening Market Value 6th April 2021 | 8,879,439 | |||||
| Additions | 797,825 | |||||
| Disposal Costs | 1,051,579 | |||||
| Unrealised Investment Gains | 705,812 | 9,331,497 | 8,879,439 | |||
| Market Value 5th April 2022 | £ | 10,056,893 | £ | 9,604,835 | ||
| Historic Opening Book Cost 6th April 2021 | £ | 6,244,854 | ||||
| Closing Book Cost at 5th April 2022 | £ | 5,991,100 |
| The results of the subsidiary undertaking for the year ended 5th April 2022 are as follows: | ||||
|---|---|---|---|---|
| The Company has not traded and was dormant in the current year and prior year | 2022 | 2021 | ||
| £ | £ | |||
| Income | ||||
| Expenditure | ||||
| Income for the period | ||||
| Balance Sheet | 2022 | 2021 | ||
| £ | £ | |||
| Fixed assets at cost | ||||
| Tangible assets | 80,000 | 80,000 | ||
| Current Assets | 1 | 1 | ||
| 80,001 | 80,001 | |||
| Creditors | ||||
| Amounts falling due within one year | ||||
| Total assets less current liabilities | 80,001 | 80,001 | ||
| Creditors | ||||
| Amounts falling due after more than one year | ||||
| Net Assets | £ | 80,001 | £ | 80,001 |
| Represented by: | ||||
| Members capital | 80,001 | 80,001 | ||
| Retained Profit/Loss | ||||
| Profit and Loss reserve | ||||
| £ | 80,001 | £ | 80,001 |
| Profit and loss account | 2022 | 2021 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| Income | 22,373 | 22,203 | |||
| 22,373 | 22,203 | ||||
| Expenditure | |||||
| Professional fees | |||||
| Shakespeare Martineau | Company Management | 11,557 | |||
| Cooper Parry Tax Support | 2,160 | ||||
| Joscelyne Chase, Rental Agents Fees | 2,880 | ||||
| Property Repairs/Expenses | |||||
| Bank Charges | 16 | ||||
| Sundry | 93 | 16,706 | 25,226 | ||
| Expenditure for the period | 5,667 | 3,023 | |||
| Taxation | 1,368 | 339 | |||
| Net income/(expenditure) for the period after taxation | 4,299 | -£ | 2,684 | ||
| Balance Sheet | 2022 | 2021 | |||
| £ | £ | ||||
| Fixed assets at cost | |||||
| Tangible assets | 602,700 | 602,700 | |||
| Current Assets | |||||
| Bank balances | 45,466 | 39,156 | |||
| Debtors | |||||
| Net Current Assets | 648,166 | 641,856 | |||
| Creditors | |||||
| Amounts falling due within | one year | 3,610 | 1,599 | ||
| Total assets less current | liabilities | 644,556 | 640,257 | ||
| Creditors | |||||
| Amounts falling due after more than one year | |||||
| Net Assets | 644,556 | £ | 640,257 | ||
| Represented by: | |||||
| Members capital | 651,099 | 651,099 | |||
| Retained Profit/Loss | 10,842 | 8,158 | |||
| Income and Expenditure | 4,299 | 2,684 | |||
| 644,556 | £ | 640,257 | |||
| 5. Debtors | |||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Accrued Interest | 1,177 | 1,835 | |||
| Jeannette Westwood | 180 | 180 | |||
| 1,357 | 2,015 |
| 6.Creditors: amounts falling due within one year | |||
|---|---|---|---|
| 2022 | 2022 | 2021 | |
£ |
£ |
£ |
|
| Mrs Magaret Davis | 16 | ||
| Psychic Press | 2,000 | ||
| Cooper Parry | 8,700 | 5,285 | |
| Shakespeare Martineau | 16,205 | ||
| Abbeywood Crusaders Spiritualist Church Donations | 20,000 | 46,921 | 5,000 |
| 46,921 | 10,285 | ||
| 7.Contingent Liabilities | 2022 | 2022 | 2021 |
| £ | £ | ||
| Cheltenham Church | 5,100 | ||
| Bodmin Spiritualist Church | 7,000 | 12,100 | 27,300 |
| 12,100 | 27,300 |