| Page | |||
|---|---|---|---|
| Trustees' report |
1-2 | ||
| Independent examiner's |
report | ||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements |
| unrestricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022 | 2021 | |||||
| Notes | ||||||
| Iggogg ego | m: | |||||
| Donations | and | legacies | 15,000 | 15,000 | ||
| Investments | 95,031 | 85,794 | ||||
| Total income | 110,031 | 100,794 | ||||
| E en i |
reon: | |||||
| Charitable | activities | 94,827 | 79,791 | |||
| Net gains/(losses) | on investments | 10 | (8,167) | 68,242 | ||
| Net movement | in | funds | 7,037 | 89,245 | ||
| Fund balances | at 1 July 2021 | 1,121,799 | 1,032,554 | |||
| Fund balances | at | 30June 2022 | 1,128,836 | 1,121,799 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | E | ||||||
| Fixed assets | |||||||
| Investments | 937,578 | 945,745 | |||||
| Current assets | |||||||
| Cash at bank | and in | hand | 194,558 | 177,722 | |||
| Creditors: amounts | falling due within | ||||||
| one year | 12 | (3,300) | (1,668) | ||||
| Net current assets | 191,258 | 176,054 | |||||
| Total assets | less current liabilities | 1,128,836 | 1,121,799 | ||||
| Income funds | |||||||
| Unrestricted | funds | 1,128,836 | 1,121,799 | ||||
| 1,128,836 | 1,121,799 |
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2022 | 2021 | ||||||
| E | |||||||
| Letchworth | Housing | Investments | Limited | 77,760 | 70,470 | ||
| COIF Charities | Investment | Fund | 3,417 | 3,329 | |||
| Charifund | 13,772 | 11,984 | |||||
| Interest receivable | 82 | 11 | |||||
| 95,031 | 85,794 |
| 2022 | 2021 | ||
|---|---|---|---|
| E | |||
| Honorarium | 3,000 | 3,000 | |
| ONce expenses | 1,500 | 1,500 | |
| Bank charges | 175 | 115 | |
| General expenses | 790 | 430 | |
| 5,465 | 5,045 | ||
| Grant funding | ofactivities (see note 6) | 84,607 | 72,880 |
| Governance | costs - Audit and accountancy | 4,755 | 1,866 |
| 94,827 | 79,791 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Grants to institutions: | |||||||||
| The Letchworth Settlement |
25,000 | ||||||||
| Made with Clay | 6,558 | ||||||||
| Centre for Healthy Living |
3,000 | ||||||||
| 7th Letchworth Scouts |
2,000 | ||||||||
| NH &SVS Breakaway | Group | 1,000 | |||||||
| Letchworth Romania Association |
672 | ||||||||
| Stevenage & North Herts Writing |
Group | 500 | |||||||
| Make Lunch Letchworth | 500 | ||||||||
| Local schools | 41,337 | ||||||||
| Friends of Norton Common | 500 | ||||||||
| Dance Academy | 1,000 | ||||||||
| NHDC Citizens Advice | Bureau | 5,000 | |||||||
| Letchworth Garden City Eagles |
500 | ||||||||
| 48,337 | 39,230 | ||||||||
| 63 University students |
received average grants off500 | for educational | learning | ||||||
| materials | 31,500 | 29,500 | |||||||
| 5 school students with |
disadvantaged | home backgrounds | received average | ||||||
| grants ofF120 | 600 | ||||||||
| 5 individuals received average grants |
for educational | medical or sporting | support | ||||||
| ofE400 | 2,000 | 3,550 | |||||||
| 8 individuals received an average |
of | F346for miscellaneous | local grants | 2,770 | |||||
| 84,607 | 72,880 |
| Listed | Unlisted | Total | ||
|---|---|---|---|---|
| investments | investments | |||
| K | ||||
| Cost or | valuation | |||
| At 1 July | 2021 | 480,745 | 465,000 | 945,745 |
| Valuation | changes | (13,167) | 5,000 | (8,167) |
| At 30June 2022 | 467,578 | 470,000 | 937,578 | |
| Carrying | amount | |||
| At 30June 2022 | 467,578 | 470,000 | 937,578 | |
| At 30June 2021 | 480,745 | 465,000 | 945,745 |
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2022 | 2021 | ||||||
| Revaluation | of investments | (8,167) | 68,242 | ||||
| 11 | Financial | instruments | 2022 | 2021 | |||
| Carrying | amount of | financial assets | |||||
| Instruments | measured | at fair value through | profit or loss | 937,578 | 945,745 |
| 12 | Creditors: amounts | falling due within one ye | ar | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Trade creditors | 900 | ||||
| Accruals and deferred | income | 2,400 | 1,668 | ||
| 3,300 | 1,668 | ||||
| 13 | Analysis ofnet assets between funds | ||||
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| 2022 | 2021 | ||||
| E | |||||
| Fund balances at 30 | June 2022 are represented | by: | |||
| Investments | 937,578 | 945,745 | |||
| Current assets/(liabilities) | 191,258 | 176,054 | |||
| 1,128,836 | 1,121,799 |