# **THE CHAMBERCOMBE TRUST** 

# **REPORT AND FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 31ST MARCH 2022** 

Dyer & Co Chartered Accountants Onega House 112 Main Road Sidcup Kent DA14 6NE 



## **THE CHAMBERCOMBE TRUST** 

## **REPORT AND FINANCIAL STATEMENTS** 

## **FOR THE YEAR ENDED 31ST MARCH 2022** 

## INDEX 

1.      Independent Examiners Report 

2.      Balance Sheet 

3.      Income Account 

4.      Notes to the Accounts 



1 

**INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF** 

## **THE CHAMBERCOMBE TRUST** 

We report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 2 to 4. 

## Respective Responsibilities and Basis of Report 

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## Independent Examiner’s Statement 

Upon completion of our examination we confirm that no material matters have come to my attention in connection with the examination which gives us cause to believe that in, any material respect: 

- the accounting records were not kept in accordance with section 130 of the Charities Act; or 

- the accounts did not accord with the accounting records; or 

- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. 

We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Dyer & Co Onega House 112 Main Road Sidcup Kent DA14 6NE 

Chartered Accountants 



2 

## **THE CHAMBERCOMBE TRUST** 

## **BALANCE SHEET** 

## **AS AT 31ST MARCH 2022** 

||31 March 2022|31 March 2022|31 March 2022|31 March|2021|
|---|---|---|---|---|---|
||£||£|£|£|
|FIXED ASSETS:||||||
|FREEHOLD PROPERTY– Note||802,148||802,148||
|EQUIPMENT||||||
|Balance as at 1 April 2021 & 31 March 2022        24,972|||||24,972|
|FIXTURES AND FITTINGS||||||
|Balance as at 1 April 2021 & 31 March 2022||<br>10,265|||10,265|
|TOTAL FIXED ASSETS||837,387||837,387||
|CURRENT ASSETS:||||||
|Chambercombe Trading Ltd|380,598|||380,598||
|Cash at Bank|922|||922||
||381,520|||381,520||
|DEDUCT:  CURRENT LIABILITIES:||||||
|Sundry Creditors and Accruals|376|||376||
|NET CURRENT ASSETS||381,144||381,144||
|||£1,218,531||£1,218,531||
|Represented By:||||||
|TRUST INCOME ACCOUNT||£1,218,531||£1,218,531||
|………………………………………)||||||
|J. Mogg||)||||
|..................................................... )||||||
|S Johnson||)|Approved–Trustees|||
|………………………………………)||||||
|A S Powell||)||||





3 

## **THE CHAMBERCOMBE TRUST** 

## **INCOME ACCOUNT** 

## **FOR THE YEAR ENDED 31ST MARCH 2022** 

|Interest Received<br>Sale of Property<br>Sale Proceeds<br>Property Cost<br>Selling Costs<br>_<br>Loss on sale of property<br> <br>(DEFICIT)/SURPLUS FOR THE YEAR<br>SURPLUS BROUGHT FORWARD<br>SURPLUS CARRIED FORWARD|Year Ended<br>31 March 2022<br>£<br>£<br>-<br>-<br>-<br>-<br>______<br>-<br>________<br>-<br> 1,218,531<br>£1,218,531|Year Ended<br>31 March 2021<br>£<br>£<br>-<br> <br>________<br>-<br>1,218,531<br> £1,218,531|
|---|---|---|
||£<br>-<br>-<br>-<br>____<br> <br> <br> <br>|£<br> <br> <br>|





4 

## **THE CHAMBERCOMBE TRUST** 

## **NOTES TO THE ACCOUNTS** 

## **FOR THE YEAR ENDED 31ST MARCH 2022** 

|31 March 2022<br>£<br>£<br>FREEHOLD PROPERTY<br>CHAMBERCOMBE MANOR:<br>Freehold Property at Cost<br>139,200<br>Improvements<br>129,976<br>269,176<br>BUZZACOTT MANOR:<br>Freehold Property at Cost<br>200,000<br>Legal Expenses on Acquisition<br>3,423<br>Improvements at Cost<br>198,961<br>402,384<br>WISTERIA COTTAGE<br>Freehold Property at Cost                                      130,587<br>LAND AT KILLACLEAVE, ILFRACOMBE<br>Cost<br>1<br>COST AS AT 31 MARCH 2022<br>£802,148||31 March 2021<br>£<br>£<br>139,200<br>129,976<br>269,176<br>200,000<br>3,423<br>198,961<br>402,384<br>130,587<br> 1<br>£802,148|
|---|---|---|
||<br>||



The Trustees had two of the Trust Properties in Devon professionally valued on the 20 April 2000 by local Estate Agents. The valuations were as follows:- 

## PROFESSIONAL VALUATION 

|PROFESSIONAL VALUATION||
|---|---|
||£|
|20 April 2000||
|Chambercombe Manor, Ilfracombe, Devon|325,000|
|Buzzacott Manor, Devon|209,000|