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||||Page|
|---|---|---|---|
|Trustees'<br>report|||1-2|
|Independent<br>examiner's||report||
|Statement offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements|||





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||||||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<br>en<br>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|





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|||||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|




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|||||||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|



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|||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|





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|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|Grants to institutions:||||||||||
|The Letchworth<br>Settlement|||||||||25,000|
|Made with Clay|||||||||6,558|
|Centre for Healthy<br>Living|||||||||3,000|
|7th Letchworth<br>Scouts|||||||||2,000|
|NH &SVS Breakaway|Group||||||||1,000|
|Letchworth<br>Romania Association|||||||||672|
|Stevenage<br>& 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<br>Garden<br>City Eagles||||||||500||
|||||||||48,337|39,230|
|63 University<br>students|received average grants off500||||for educational||learning|||
|materials||||||||31,500|29,500|
|5 school students<br>with|disadvantaged||home backgrounds||received average|||||
|grants ofF120|||||||||600|
|5 individuals<br>received average grants|||for educational|medical or sporting|||support|||
|ofE400||||||||2,000|3,550|
|8 individuals<br>received an average||of|F346for miscellaneous|||local grants||2,770||
|||||||||84,607|72,880|



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|||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|



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|||||||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|





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|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|



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