## 



|Trustees|||M Iredale||||||
|---|---|---|---|---|---|---|---|---|
||||D P MAllen||||||
||||P M Jackson||||||
||||KJ RJones||||||
||||I Mantle||||||
||||MR Muir||||||
||||LA Needham,||Chairperson||||
||||CARogers||||||
||||C Sparshott,|Treasurer|||||
||||JAWilliams||||||
||||P C Weeder||||(Appointed|16March 2023)|
|Secretary|||SJenkins||||||
|Charity number|||273336||||||
|Company|number||00135234||||||
|Principal address|||5 Gernon<br>Walk||||||
||||Letchworth|Garden||City|||
||||Hertfordshire||||||
||||SG6 3HW||||||
|Registered||office|PO Box501||||||
||||The Nexus|Building|||||
||||Broadway||||||
||||Letchworth|Garden||City|||
||||Herts||||||
||||SG6 9BL||||||
|Independent||examiner|UHY Hacker Young||||||
||||PO Box 501||||||
||||The Nexus|Building|||||
||||Broadway||||||
||||Letchworth|Garden||City|||
||||Herts||||||
||||SG6 9BL||||||





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





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|||||Unrestricted|Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
|||||funds||funds|
|||||2023||2022|
||||Notes||||
|Income from:|||||||
|Donations<br>and|legacies|||||15,000|
|investments||||107,151||95,031|
|Total income||||107,151||110,031|
|Ex enditure on:|||||||
|Charitable<br>activities||||76,553||94,827|
|Net gains/(losses)||on investments||(35,501)||(8,167)|
|Net movement|in|funds||(4,903)||7,037|
|Fund balances|at 1 July 2022|||'l,128,836||1,121,799|
|Fund balances|at|30June 2023||1,123,933||1,128,836|





## 

||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|R||||
|Fixed assets|||||||
|Investments||10||902,077||937,578|
|Current assets|||||||
|Debtors||12|130||||
|Cash at bank and in|hand||224,318||194,558||
||||224,448||194,558||
|Creditors: amounts|falling due within||||||
|one year|||(2,592)||(3,300)||
|Net current assets||||221,856||191,258|
|Total assets less current liabilities||||1,123,933||1,128,836|
|income funds|||||||
|Unrestricted<br>funds||||1,123,933||1,128,836|
|||||1,123,933||1,128,836|






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|Total|Unrestricted|
|---|---|
||funds|
|2023|2022|
|f.||
||15,000|



|||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2023|2022|
|Letchworth|Housing||Investments||Limited|86,940|77,760|
|COIF Charities||Investment||Fund||3,464|3,417|
|Chadfund||||||15,025|13,772|
|Interest receivable||||||1,722|82|
|||||||107,151|95,031|



## 

||2023|2022|
|---|---|---|
||E|E|
|Honorarium|3,000|3,000|
|Office expenses|1,500|1,500|
|Bank charges|128|175|
|General expenses|307|790|
||4,935|5,465|
|Grant funding ofactivities (see note 6)|68,884|84,607|
|Governance costs - Audit and accountancy|2,734|4,755|
||76,553|94,827|





## 

|||||2023|2022|
|---|---|---|---|---|---|
|Grants to institutions:||||||
|Local schools||||9,129|41,337|
|Friends of Norton Common|||||500|
|Dance Academy|||||1,000|
|NHDC Citizens Advice|Bureau|||5,000|5,000|
|Letchworth<br>Garden<br>City Eagles|||||500|
|North Herts Speakers||||300||
|Wymondley<br>Wood Scout Group||||12,000||
|Make Lunch Letchworth||||500||
|||||26,929|48,337|
|81 University<br>students|received average grants of6500for educational||learning|||
|materials||||40,500|31,500|
|5 individuals<br>received average grants of6400 for educational,||medical or sporting||||
|support<br>4 individuals<br>received an average off364for miscellaneous||local grants||1,455|2,000<br>2,770|
|||||68,884|84,607|



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|2023|2022|
|---|---|
|Number|Number|





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## 

|9|Net gain|s/(losses)<br>on investments||||
|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2023|2022|
||Revaluation<br>ofinvestments|||(35,501)|(8,167)|
|10|Fixed asset investments|||||
||||Listed|Unlisted|Total|
||||investments|investments||
||Cost or|valuation||||
||At 1 July|2022|467,578|470,000|937,578|
||Valuation|changes|(10,501)|(25,000)|(35,501)|
||At 30June 2023||457,077|445,000|802,077|
||Carrying|amount||||
||At 30June 2023||457,077|445,000|802,077|
||At 30June 2022||467,578|470,000|837,578|



## 


|f294,905|(2022 - 229|4,905).||||
|---|---|---|---|---|---|
|Financial|instruments|||2023|2022|
||||||f.|
|Carrying|amount of|financial assets||||
|Instruments<br>measured||at fair value through|profit or loss|902,077|937,578|
|Debtors||||||
|||||2023|2022|
|Amounts|falling due|within one year:||F|K|
|Prepayments<br>and accrued income||||130||





## 

|13|Creditors: amounts|falling due within one year|falling due within one year|||
|---|---|---|---|---|---|
|||||2023f|2022|
||Trade creditors||||900|
||Accruals and deferred|income||2,592|2,400|
|||||2,592|3,300|
|14|Analysis of net assets between funds|||||
|||||Unrestricted|Unrestricted|
|||||funds|funds|
|||||2023|2022|
|||||K|f.|
||Fund balances at 30|June 2023 are represented|by:|||
||investments|||902,077|937,578|
||Current assets/(liabilities)|||221,856|191,258|
|||||1,123,933|1,128,836|