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||Page|
|---|---|
|Trustees'Report|Ito4|
|Auditors'Report|5to6|
|Statement ofFinancialActivities|7|
|BalanceSheet|8|
|CashFlowStatement|9|
|Notes to theAccounts|10to16|
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|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|
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|||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|
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||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||
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|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|
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|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|
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|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
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||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|
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|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
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||4|5|
|Employeesalariesfellintothefollowingbands:|2022|2021|
||1|I|
|f180,001-f.l90,000|||
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|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|
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|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|
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toorganisationsthatareconnectediviththe Trustees,asfollows:-|||
|---|---|---|
||2022|2021|
||c|{|
|CiayRatnage Strevens&Hills|17,916|19,932|
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|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|