2022-11-30-accounts

The total grants awarded d	uring this financi	al year amounte	d to 6106,152and c	an be summarised
			Institutions	Individuals
Education in the Wendover	Community		610,400	814,775
Medical &elderly welfare	in the Wendover	Community	66450	612,678
Other areas that benefit the	Wendover Community		650,386	811,663
			867,036	639,116

for the Year Ended 30N	ovember 2022
					30.11.22	30.'I 1.21
			Unrestricted	Endowment	Total	Total
			funds	fund	funds	funds
						as restated
		Notes			6
INCOME AND ENDOWMENTS FROM
Donations and legacies		2	3,738		3,73$
Investment income		3	223,983		223,9$3	211,705
Other income		4	300		300	4,6$3
Total			228,021		228,021	216,388
EXPENDITURE ON
Raising funds		5	109,486	3,092	112,578	89,708
Charitable activities
Education			29,254		29,254	26,008
Medical dt Elderly Welfare			20,288		20,288	18,145
Other areas ofbenefit			69,042		69,042	21,566
Total			228,070	3,092	231,162	155,427
Net gains on investments		12		114,193	114,193	687,458
NET INCOME/(EXPENDITURE)			(49)	111,101	111,052	748,419
RECONCILIATION	OF FUNDS
Total funds bmught forward			21$,884	5,198,175	5,417,059	4,668,640
TOTAL FUNDS CARRIED FORWARD			218,835	5,309,276	5,528,111	5,417,059

Balance Sheet 30November 2022
				30.11.22	30.11.21
		Unrestricted	Endowment	Total	Total
		funds	fund	funds	funds
					as restated
	Notes
FIXEDASSETS
Investments
Investments	13	13,678	371,224	384,902	422,426
Investment properly	14	21,248	4,927,377	4,948,625	4,800,000
		34,926	5,298,601	5,333,527	5,222,426
CURRENT ASSETS
Debtors	15	61,467		61,467	36,970
Cash at bank		202,996	10,675	213,671	210,904
		264,463	10,675	275,138	247,874
CREDITORS
Amounts falling due within one year	16	(80,554)		(80,554)	(53341)
NET CURRENT ASSETS		183,909	10,675	194,584	194,633
TOTAL ASSETSLESSCURRENT
LIABILITIES		218,835	5,309,276	5,528,111	5,417,059
NET ASSETS		218,835	5,309,276	5,528,111	5,417,059
FUNDS	17
Unrestricted funds:
General fund				159,598	218,884
Major Property Repair Fund				59,237
				218,835	218,884
Endowment funds				5,309,276	5,198,175
TOTAL FUNDS				5,528,111	5,417,059

	INVESTMENT INCOME
		30.11.22	30.11.21
	Rents received	214,782	200,508
	Dividends	9,122	11,185
	Deposit accountinterest	79	12
		223,983	211,705
4.	OTHER INCOME
		30.11.22	30.11.21
	Other income	300	4,683

Portfolio	inanagement	3,092	3,109
Property	Improvements	38,756	32,992
Rent collection		26,815	2'3,262
Property	repairs	21.344	16.555
Insurance		9,825	8,367
Survey &Professional Fees		8,541	1,980
Other		4,205	3,443
		112,578	89,708

		Giant
		funding of
		activities	Support
		(see note	costs (see
		7)	note 8)	Totals
Education		25,175	4,079	29,254
Medical &Elderly Welfare		18,928	1,360	20,288
Other areas ofbenefit		62,049	6,993	69,042
		106,152	12,432	118,584
GRANTS PAYABLE
			30.11.22	30.11.21
				f.
Education			25,175	23,450
Medical &Elderly Welfare			18,928	15,332
Other areas ofbenefit			62,049	17,218
			106,152	56,000
The total grants paid to institutions	during the year was as fogows:
			30.11.22	30.11.21
Education			5,400	14,500
Medical &Elderly Welfare			6,250
Other areas ofbenefit			25,386	6,000
Halton CC School				12,000
John Hampden School Wendover			5,000
Wendover Canal Trust			25,000
			67,036	32,500

The total grants paid to individuals during thc year was	as follows:
	30.11.22	30.11.21
Education	14,775	8,950
Medical &.Elderly Welfare	12,678	3 332
Other areas ofbenefit	11,663	11,218
	39,116	23,500

SUPPORT COSTS
		Human
	Management	resources	Other	Totals
Education	484	1,969	1,626	4,079
Medical &.Elderly Welfare	161	656	543	1,360
Other areas ofbenefit	829	3,375	2,789	6,993
	1,474	6,000	4,958	12,432

Support costs, included in the	above, are as foll	ows:
				30.1122	30.11.21
		Medical &	Other
		Elderly	areas of	Total	Total
	Education	Welfare	benefit	activities	activities
Advertising	484	161	829	1,474
Honoraria - Support	1,969	656	3,375	6,000	5,760
Honoraria - Governance	866	289	1,485	2,640	2,880
Examiners Fee for external
Scrutiny	591	197	1,014	1,802	930
Sundry Expenses	127	43	219	389	149
AGM Costs	42	14	71	127
	4,079	1,360	6,993	12,432	9,719

There were no tru 30November 2021.	stees' expenses paid for the year ended 30 November 20	stees' expenses paid for the year ended 30 November 20	stees' expenses paid for the year ended 30 November 20	22 nor for t	he year ended
COMPARATIVES	FORTHE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Endowment	Total
			funds	fund	funds
					as restated
					f,
INCOME AND ENDOWMENTS FROM
Investment income			211,705		211,705
Other income			4,6$3		4,683
Total			216,388		216,38&
EXPENDITURE ON
Raising funds			86,599	3,109	89,708
Charitable activities
Education			26,008		26,008
Medical k Elderly Welfare			18,145		18,145
Other areas ofbenefit			21,566		21,566
Total			152,318	3,109	155,427
Net gains on investments				687,458	6$7,458
NET INCOME			64,070	684,349	748,419
RECONCILIATION		OF FUNDS
Total funds brought	fiirward		154,814	4,513,826	4,668,640
TOTAL FUNDS CARRIED FORWARD			218,$84	5,198,175	5,417,059

FIXEDASSETINVESTMENTS
	Listed
	mvestments
	I
MARKET VALUE
At 1December 2021	422,426
Additions	9,122
Dispose(a	(12,214)
Impairments	(34,432)
At 30November 2022	384,902
NET BOOKVALUE
At 30November 2022	384,902
At 30November 2021	422,426

		2022	2021
Listed Investments		379,309	402,175
Cash held with investment	putt&lie	5,593	20,251
		384,902	422,426

14.	INVESTMKNT PROPERTY
	FAIR VALUE
	At I December 2021	4,800,000
	Revaluation	148,625
	At 30November 2022	4,948,625
	NET BOOKVALUE
	At 30November 2022	4,948,625
	At 30November 2021	4,800,000

	Trustees t	o value costs of	similar properties. E	ach year three fiuther properties	will be revalued.
	Fair value	at 30November	2022 is represented	by:
	Valuation	at 2019				3,742.542
	Valuation	gain in 2020				423,000
	Valuation	gain in 2021				634,458
	Valuation	gain in 2022				148,625
						4,948,625
15.	DEBTORS
					30.11.22	30.11.21
	Amounts	falling due within one year:
	Trade debtors				34,880	14,505
	Other debtors				1,546
	Loans				6,584	50
	Prepayments and accrued		income		8,673	12,965
					51,683	27,520
	Amounts	falling due after	more than one year:
	Loans				9,784	9,450
	Aggregate	amounts			61,467	36,970
16.	CREDITORS: AMOUNTS FALLING DUE			WITHIN ONE YEAR
					30.11.22	30.11.21
	Trade crediuns				10,668	24,480
	Accruals	and deferred income			69,886	28,761
					80,554	53,241

MOVEMEN		T IN FUNDS
					Net	Transfers
				At	movement	between	At
				1.12.21	in funds	funds	30.11.22
						6
Unrestricted		funds
General fund				218,884	(2,597)	(56,689)	159,598
Major Properly Repair Fund					2,548	56,689	59,237
				218,884	(49)		218,835
Endowment		funds
Endowment	Fund			5,198,175	111,101		5,309,276
TOTAL FUNDS				5,417,059	111,052		5,528,111
Net movement		in funds, included		in the above are as follows:
				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
						f.	f
Unrestricted		funds
General fund				196,141	(198,738)		(2,597)
Major Property Repair Fund				31,880	(29,332)		2,548
				228,021	(228,070)		(49)
Endowment		funds
Endowment	Fund				(3,092)	114,193	111,101
TOTAL FUNDS				228,021	(231,162)	114,193	111,052
Comparatives		for movement	in	funds
						Net
					At	movement	At
					1.12.20	in funds	30.11.21
Unrestricted		funds
General fund					154,814	64,070	218,884
Endowment		funds
Endowment	Fund				4,513,826	684,349	5,198,175
TOTAL FUNDS					4,668,640	748,419	5,417,059

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		6	f.
Unrestricted	fuads
General fund		216,388	(152,318)		64,070
Endowment	funds
Endowment	Fund		(3,109)	687,458	684,349
TOTAL FUNDS		216,388	(155,427)	687,458	748,419

The Lionel Abel-Smith	Trust	Trust
Detailed Statement ofFinancial			Activities
for the Year Ended 30	November		2022
				30.11.22	30.11.21
INCOME AND ENDOWMENTS
Donations and legacies
Donations				3,738
investment income
Rents received				214,782	200,508
Dividends				9,122	11,185
Deposit account interest				79	12
				223,983	211,705
Other income
Other income				300	4,683
Total incoming resources				228,021	216,3$8
EXPENDITURE
Investment management		costs
Portfolio management				3,092	3,109
Property Improvements				38,756	32,992
Rent collection				26,815	23,262
Property repairs				21,344	16,555
Insurance				9,825	8,367
Survey k,Professional	Fees			8,541	1,980
Other				4,205	3,443
				112,578	$9,708
Charitable activities
Grants to institutions				67,036	32,500
Counts to inrlividnals				39,116	23,500
				106,152	56,000
Support costs
Management
Advertising				1,474
Human resources
Honoraria - Support				6,000	5,760
Other
Honoraria - Governance				2,640	2,880
Examiners Fee for external Scrutiny				1,802	930
Sundry Expenses				3$9	149
AGM Costs				127
					3,959

for the Year Ended 3	0Nov	ber 202	2
				30.11.22	30.11.21
Total resources expended				231,162	155,427
Net (expenditure)/income		before gains and
losses				(3,141)	60,961
Realised recognised	gains	and losses
Realised gains/(losses)	on	fixed asset investments		(34,432)	53,000
Realised gains/(losses)	on	investment	property	148,625	634,458
Net income				111,052	748,419