| Page | |
|---|---|
| Trustees'Report | Ito4 |
| Auditors'Report | 5to6 |
| Statement ofFinancialActivities | 7 |
| BalanceSheet | 8 |
| CashFlowStatement | 9 |
| Notes to theAccounts | 10to16 |
| regular reportingtiomtheChief | Executive. | |
|---|---|---|
| RegisteredAddress | - | Kendon.House |
| 12114BiyantStreet | ||
| Stratford | ||
| LondonE154RU | ||
| Addresses ofAdvisors | ||
| Bankers | - | LlovdsBankPlc |
| 4th Floor | ||
| 125LondonWa1l | ||
| LondonEC2Y5AS | ||
| Solicitors | - | DrucesLLP |
| Suite 425 | ||
| SalisburyHouse | ||
| LondonWa1l | ||
| LondonEC2M5PS | ||
| Accountants | - | ClayRatnage Strevens&Hills |
| ConstnrctionHouse | ||
| RunwellRoad | ||
| Wickford | ||
| EssexSS117HQ |
| 2022 | 202I | ||
|---|---|---|---|
| Total | Total | ||
| Notes | Funds | Funds | |
| f. | +' | ||
| Income:- | |||
| Rentsand FeesReceivable | 591,212 | 614,836 | |
| Goverrrment Grants receivable | 4,566 | I) 7) | |
| Investment[ncome | 21,552 | 1,059 | |
| Total[ncome | 617,330 | 628,647 | |
| Expenditure:- | |||
| CharitableActivities | 575,005 | 529,545 | |
| TotalExpenditure | 575,005 | )o 1/| | |
| Net Income beforeOtherRecognised | |||
| Gains andLosses | 42,325 | aoIt)) | |
| OtherRecognised Gains andLosses | |||
| Surplus onRevaluationolCurentAssets Det]citonRevaluation ofFiredAssets |
19,665- | (2,400,000) | |
| Late Payment Compensation Received | 15,000 | ||
| 76,990 | (2,300,898) | ||
| BalancesBrought Forward | tt,826,2L1 | 14,127,109 | |
| BalancesCarried Forward | 11,903,201 | I1,826,21I |
| Note | 2022 | 2021 | |||
|---|---|---|---|---|---|
| f.fft | |||||
| FixedAssets | |||||
| TangibleAssets | 9 | 10,133,607 | 10.143,436 | ||
| CurrentAssets | |||||
| Debtors CurrentAsset Investtncnts |
l0 11 |
63,264 2,034,377 |
61,466 | ||
| Cash atBankandin Hand | 183,930 | I,666,575 | |||
| 2,2gl,5ll | 1,728,041 | ||||
| Creditors:Amounts FallingDue\ilithin | |||||
| OneYear | 12 | (5u,917) | (45,266) | ||
| NetCurrentAssets | 1,769,594 | I,682,775 | |||
| tt,903,201 | I | 1,826,211 | |||
| UnrestrictedFunds | |||||
| General | 4,689,322 | 4,631,997 | |||
| RevaluationReserve | 13 | 7,213,879 | 7,t94,211 | ||
| 11,903,201 | 11,826,211 |
| CashflowsfromOperatingActivities | 2022 f. |
202I{ |
|---|---|---|
| NetIncomebeforeOther Recognised Gains andLosses | 42,325 | 99, I02 |
| Adjustmentsfor: | ||
| DepreciationandAmortisation | I1,203 | 14,431 |
| Loss onDisposal of FixedAssets | 61 | |
| IncreaseinDebtors | (1,798) | (s,s11) |
| Increase/(Decrease)in Creditors | 466,651 | (27,306) |
| Investment Income | (27,552) | (1,0se! |
| LatePayment Compensation Received | 15,000 | |
| Loss onDisposaloflnvestments | 9,049 | |
| InvestmentsPortfolioManagementFees | 8,655 | |
| Net Cash GeneratedfromOperatingActivities | 529,533 | 79,91I |
| Cash FlowsfromInvestingActivities | ||
| Purchaseof Tangible FixedAssets | (1,374) | (8,t63)_ |
| PurchaseofInvestments | (2,014,652) | |
| lnterestReceived | 4,500 | I,059 |
| DividendsReceived | 17,052 | |
| Loss onDisposalofInvestments | (9,049) | |
| InvestmentPonfolioManagementFees | (8,655) | |
| (2,012,17B',) | (7,t04) | |
| (Decrease)/[ncreaseinCash and CashEquivalents intheYear | {1,482,645) | 72,814 |
| | | ||
| Cash and CashEquivalents at1stApril2021 | 1,666,575 | 1,s93,761 |
| Cash and CashEquivalentsat31stNlareh2022 | 183,930 | 1,666,575 |
| Cash and CashEquivalentsat3lstMarch2022Comprise: | ||
| Cash atbankandinhand | 183,930 | 1,666,575 |
| 5. | CharitableActivities | 2022 | 202l |
|---|---|---|---|
| f | { | ||
| Light,Heat, Telephoneand Rates | 46,254 | 49,556 | |
| Repairs andMaintenance | 62,497 | 48,It9 | |
| Cleaning Insurance |
18,874 g,g2l |
18,313 10,148 |
|
| StaffCosts | 253,578 | )40)47 | |
| Donations | 750 | 200 | |
| CateringExpenses | 3,210 | I\12 | |
| Printing,Postage,StationeryandAdvertising l\,fotorandTravcl |
1,208 997 |
1,811 )611 |
|
| GeneralExpenses | 4,119 | 1,964 | |
| Govcrnance Costs(seenote 6) | 140,196 | t26,960 | |
| SupportCosts(secnote 6) | 33,902 | )RO70 | |
| 575,005 | 5)9tJ5 | ||
| 6. | Governance andSupportCosts | 2022 | 202I |
| c | + | ||
| GovernanceCosts | |||
| StaffCosts | 102,290 | tn))8/ | |
| ManagernentFees | 4,266 | 6,444 | |
| Auditors'Remuncration | 6,M0 | (),640 | |
| Legaland ProfessionalFees | 25,221 | 9,700 | |
| OfficeandTravelCosts | 1,579 | t,882 | |
| 140,196 | 126,960 | ||
| SupportCosts | 2022f | 202t { |
|
| I)epreciationandAmortisation | 11,203 | 14,431 | |
| Loss onDisposal ofFiredAssets | 61 | ||
| LossorrDisposai ofInvestments | 9,049 | ||
| FinanceCharges and Interest | 90 | ||
| Accountancy | 13,65; | t3,488 | |
| 33,902 | 28,070 |
| 7. | StaffCosts | 2022 f. |
202I {, |
|---|---|---|---|
| 281,359 | 281,012 | ||
| Salary Costs | 28,608 | 28,719 | |
| NationalInsurance | 1,772 | 1,712 | |
| PensionCosts SubcontractLabour |
42,477 | 31,098 | |
| 354,156 | 342,541 |
| The averagenumberofemployeesduringthe year wasasfollows: | 2022 | 202I |
|---|---|---|
| Management AdministrationandMaintenance |
3 1 |
3 ) |
| 4 | 5 | |
| Employeesalariesfellintothefollowingbands: | 2022 | 2021 |
| 1 | I | |
| f180,001-f.l90,000 |
| TangibleFixedAssets | |||
|---|---|---|---|
| FreeholdLand | Furniture | ||
| andBuildings tf.f |
andEquipmentTotal | ||
| CostorValuation | |||
| BalanceatlstApril2021 | 10,100,000 | 193,170 | 10,293,170 |
| Additions | 1374 | 1,374 | |
| Balance at3lstMarch2022 | 10,100,000 | 194,544 | 10,294,544 |
| Depreciation | |||
| BalanceatIstApril2021 | 149,734 | 149,734 | |
| ChargeforYear | 11,203 | 11,203 | |
| Balance at 31stMarch2022 | 160,937 | 160,937 | |
| MarketorNetBook Value | |||
| At31stMarch2022 | 10,100,000 | 33,607 | 10,133,607 |
| At3lstMarch2021 | I0,100,000 | 43,436 | 10,143,436 |
| FreeholdLandandBuildingsarecomprisedasfollows:- | |||
| 2022 | 202I | ||
| g | $ | ||
| KendonHouse | 10,100,000 | 10,100,000 |
| 10.Debtors | ||
|---|---|---|
| 2022 f, |
202If | |
| TradeDebtors | 36,515 | 14,059 |
| Prepayments | 9,252 | 3na7 |
| OtherDebtors | 17497 | t4,310 |
| 63,264 | 61,466 | |
| 11.CurrentAssetInvestments | ||
| 2022f | 202If | |
| ListedInvestments | 2,034,317 | |
| 12.Creditors:Amoualsf,,siling Due | ||
| WithinOneYear | ||
| 2022 | 202l | |
| c | { | |
| Creditors | 7,648 | 77t0 |
| Accrualsand deferred income | 17,943 | 32,07t |
| Payment on account | 480,000 | |
| Other creditors | 6,326 | 5,465 |
| 511,9t7 | 45,266 |
toorganisationsthatareconnectediviththe Trustees,asfollows:- |
||
|---|---|---|
| 2022 | 2021 | |
| c | { | |
| CiayRatnage Strevens&Hills | 17,916 | 19,932 |
| RevaluationReserve | ||
|---|---|---|
| 2022 f. |
2021 {. |
|
| SurplusBrought Forward | 7,194,214 | 9,594,214 |
| Surplus/(Dehcit)ArisingDuringtheYear | 19,665 | (2,400,000) |
| Surph.rs Canied Forward | 7,213,879 | 7,191,214 |