## |CONTENTS AND|CHARITY INFORMATION|CHARITY INFORMATION||||| |---|---|---|---|---|---|---| |CONTENTS;||||||| |Report ofthe Trustees||||||| |Independent
Examiners Report||||||| |Statement ofFinancial Activities||||||| |Balance Sheet||||||| |Statement ofCash|Flows|||||| |Notes to the Accounts||||||| |TRUSTEES/DIRECTORS:||Dr S Burke||||| |||Professor M G Worster||||| |||Mr M Mitchell||||| |||Revd J Summers||||| |||Revd SDawson||||| |||Professor SP Baron-Cohen||(appointed|31/5/22)|| |||Dr A SP Rae (appointed|I/8/22)|||| |COMPANY SECRETARY;||Revd J Summers||||| |COMPANY REGISTRATION NUMBER:||01469830||||| |CHARITY REGISTRATION NUMBER:||279447||||| |REGISTERED OFFICE:||Trinity College||||| |||Cambridge||||| |||CB2 ITQ||||| |INDEPENDENT|EXAMINERS:|Ian W Shipley FCCA||||| |||For and on behalf of:||||| |||Prentis &Co LLP||||| |||Chartered
Accountants|and|Independent||Examiners| |||115cMilton Road||||| |||Cambridge||||| |||CB4 IXE||||| |BANKERS:||Barclays Bank Pic||CAF Bank||Ltd| |||Sidney Street||Kings Hill||| |||Cambridge||Kent||| |||CB23PZ||ME19 4JQ||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |STATEMENTOFFINANCIAL A|CTIVITI|ES||||| |---|---|---|---|---|---|---| ||||Restricted|Unrestricted||Total| |~UItRAAT YAA||Notes|Funds
2022||Funds
2022|Funds
2022| |INCOME||||||| |Donations
and legacies
Investment
income
Charitable
activities|||||16,948
105,375
13,582|16,948
105,375
13,582| |TOTAL INCOME|||||135,905|135,905| |EXPENDITURE
Raising funds
Charitable
activities|||||16,282
53,567|16,282
53,567| |TOTAL EXPENDITURE|||||69,849|69,849| |NET SURPLUS IN FUNDS||||||| |BEFORE GAINS AND LOSSES
ON INVESTMENTS
Loss on revaluation ofinvestment
assets||11|||66,056
(84,441)|66,056
(84,441)| |NET MOVEMENT
IN FUNDS|||||(18,385)|(18,385)| |Reconciliation of Funds
Total funds brought
forward|||||3,652,745|3,652,745| |Total funds carried forward|||||3,634,360|3,634,360| ||||Restricted||Unrestricted|Total| |PRIOR YEAR||Notes|Funds
2021||Funds
2021|Funds
2021| |INCOME
Donations
and legacies
Investment
income
Charitable
activities||||6|12925
97,561
2,472|12,925
97,561
2,472| |TOTAL INCOME|||||112,958|112,958| |EXPENDITURE
Raising funds
Charitable
activities|||||13,071
101,294|13,071
101,294| |TOTAL EXPENDITURE|||||114,365|114,365| |NET SURPLUS IN FUNDS||||||| |BEFORE GAINS AND LOSSES
ON INVESTMENTS
Transfer between
funds
Gain on revaluation
ofinvestment
assets||11|(1,059)||(1,407)
1,059
259,416|(1,407)
259,416| |NET MOVEMENT IN FUNDS|||(1,059)||259,068|258,009| |Reconciliation of Funds
Total funds brought
forward|||1,059||3,393,677|3,394,736| |Total funds carried forward|||||3,652,745|3,652,745| ## |BALANCE SHEET||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||2022||2021|||| |||||Notes||||||||||| |FIXED ASSETS||||||||||||||| |Tangible
fixed assets
Investments|||||10
11|||||2, 160
3,559,619|||2,433
3,597,127|| |TOTAL FIXED ASSETS||||||||||3,561,779|||3,599,560|| |CURRENT ASSETS||||||||||||||| |Debtors|||||12||||9,407||4,972|||| |Cash at bank|||||||||77,710||104,496|||| |TOTAL CURRENT ASSETS|||||||||87,117||109,468|||| |CREDITO amounts
falling due||||||||||||||| |within one year|||||13||||14,536||56,283|||| |NET CURRENT ASSETS||||||||||72,581||||53,185| |TOTAL ASSETS LESSCURRENT||LIABILITIES||||||||3,634,360|||3,652,745|| |THE FUNDS OFTHE CHARITY||||||||||||||| |Restricted
Income funds
Unrestricted
Income funds|||||14
14|||||3,634,360||||3,652,745| |TOTAL CHARITY FUNDS||||||||||3,634,360||||3,652,745| |The directors consider that the company|||is entitled
to exemption
fiom the requirement|||||||to have an audit|under
the provisions|||| |ofSection 477(I) ofthe Companies|Act||2006. Members|||have not||required|the company
under Section||476 of the||Companies|| |Act 2006, to obtain an audit for the year ended 30th June 2022. The directors acknowledge
their responsibilities
ensuring
that the corupany keeps accounting
records which comply with Section 386 and 387ofthe Companies
and for preparing
fmancial
statements
which give a true and I'air view ofthe state ofaffairs ofthe company
as at||||||||||||for
Act 2006
30th June||| |2022 and ofits deficit for the year then|||ended||in accordance||with the requirements
of|||Section 396 and|which otherwise
comply|||| |with the requirements
ofthe Act relating|||to|the financial||smtements||as far as applicable||to the company.||||| ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| ||||||Notes||f,| |Cash used in operating||activities|||17|(84,378)|(69,408)| |Cash flows from investing|||activities||||| |Interest,|dividends
and|rents|received|||104,975|97,561| |Purchase|ofinvestments|||||(46,933)|(29,950)| |Purchase|fixed assets|||||(450)|| |Net cash|provided
by|investing
activities||||57,592|67,611| |Change|in cash and cash equivalents|||in the year||(26,786)|(1,797)| |Cash and cash equivalents|||brought|forward||104,496|106,293| |Cash and cash equivalents|||carried|forward||77,710|104,496| ## ## ## ## ## ## ## ## ## ## ## ## |VOLUNTARY INCOME|Restricted|Unrestricted|Total|Restricted|Unrestricted|Total| |---|---|---|---|---|---|---| ||Funds|Funds|Funds|Funds|Funds|Funds| ||2022|2022|2022|2021|2021|2021| |||||I|6|| |Donations||15,735|15,735||12,042|12,042| |Gift aid||1,213|1,213||883|883| |||16,948|16,948||12,925|12,925| |Afi voluntary
income received|in 2022 and|2021 was unrestricted.||||| |INVESTMENT INCOME|Restricted|Unrestricted|Total|Restricted|Unrestricted|Total| ||Funds|Funds|Funds|Funds|Funds|Funds| ||2022|2022|2022|2021|2021|2021| |Car park rental||400|400||4,600|4,600| |Income &om investments||31,325|31,325||30,737|30,737| |Rental income - residential||73,650|73,650||62,224|62,224| |||105,375|105,375||97,561|97,561| ## |INCOME FROM CH|ARITABLE ACT|IVITIES||||| |---|---|---|---|---|---|---| ||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total| ||Funds|Funds|Funds|Funds|Funds|Funds| ||2022|2022|2022|2021|2021|2021| ||I|||||| |Hall hire||3,259|3,259||(360)|(360)| |St George's PCC||2,522|2,522||2,652|2,652| |Sundry income||7,801|7,801||180|]80| |||13,582|13,582||2,472|2,472| ## ## ## ||||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total| |---|---|---|---|---|---|---|---|---| ||||Funds|Funds|Funds|Funds|Funds|Funds| ||||2022|2022|2022|2021|2021|2021| ||||6||8|||| |Investment|property|repairs||14,354|14,354||11,340|11,340| |Investment|property|light||||||| |&heat contracts||||1,928|1,928||1,731|1,731| |||||16,282|16,282||13,071|13,071| ## |EXPENDIT|URE ON|CHA|RITABLE A|CTIVITIES|||||| |---|---|---|---|---|---|---|---|---|---| |||||Support and|||Support|and|| ||||Charitable|Governance|Total|Charitable|Governance||Total| ||||Activities|Costs|2022|Activities|Costs||2021| |Grants paid (note 7)|||2,250||2,250|9,300|||9,300| |Light and heat|||3,164||3,164|10,458|||10,458| |Rates and Council Tax|||484||484|440|||440| |Telephones|||457||457|1,112|||1,112| |Repairs|||10,713||10,713|44,236|||44,236| |Cleaning|||5 453||5,453|4,942|||4,942| |Sundry|||1,911||1,911|6,891|||6,891| |Minibus|||4,004||4,004|1,280|||1,280| |Insurance|||5,348||5,348|3,894|||3,894| |Depreciation|||723||723|812|||812| |Wages and salaries|||17,319||17,319|16,283|||16,283| |Bank charges|||96||96|78|||78| |Independent|examiners|fees||1,645|1,645|||1,568|1,568| ||||51,922|1,645|53,567|99,726||1,568|101,294| ## |||||Restricted|Unrestricted|Total|Restricted|Unrestricted|Total| |---|---|---|---|---|---|---|---|---|---| |||||Funds|Funds|Funds|Funds|Funds|Funds| |||||2022|2022|2022|2021|2021|2021| |||||8|8||||6| |St|George's|Pop-in|centre||2,250|2,250||9,300|9,300| ## |NET INCOME FOR THE YEAR|||2022|2021| |---|---|---|---|---| |This is stated after charging:||||| |Depreciation oftangible
fixed assets:||||| |-owned by charity|||723|812| |Independent
examiners
fee|||1,645|1,568| |During the year, a trustee
was reimbursed||and|paid as a warden f492 for expenses (2021:f4, 117).|| |STAFF COSTS|||2022|2021| |Staff costs were as follows:-||||| |Wages and salaries|||17,319|16,283| |The average monthly
number ofemployees||during the year was as follows:-||| ||||2022|2021| |Administrative|||2|2| |No employee received remuneration|amounting||to more than f60,000 in either year.|| |No employee received remuneration
amounting
to more|than f60,000 in eithe|r year.||| |---|---|---|---|---| |The key management
personnel ofthe charity comprise|the board ofnttstees.|The total|employee
benefits|| |ofthe key management
personnel ofthe charity was fNil. (2020:8 Nit)||||| |TANGIBLE FIXEDASSETS||Motor|Fixtures &|| |||Vehicles|Fittings|Total| |COST||||| |Balance at 1st July 2021||21,444|66,081|87,525| |Additions|||450|450| |Balance at 30th June 2022||21,444|66,531|87,975| |DEPRECIATION||||| |Balance at 1st July 2021||21,440|63,652|85,092| |Charge for the year||2|721|723| |Balance at 30th June 2022||21,442|64,373|85,815| |NET BOOK VALUE AT 30th June 2022||2|2,158|2,160| |TANGIBLE FIXED ASSETS
p~~
COST||Motor
Vehicles|Fixtures &
Fittings|Total| |Balance at 1st July 2020 and at 30th June 2021||21,444|66,081|87,525| |DEPRECIATION||||| |Balance at 1stJuly 2020||21,438|62,842|84,280| |Charge for the year||2|810|812| |Balance at 30th June 2021||21,440|63,652|85,092| |NET BOOK VALUE AT 30th June 2021||4|2,429|2,433| ## ## ## |FIXEDASSETINVESTMENTS|FIXEDASSETINVESTMENTS|FIXEDASSETINVESTMENTS|Investment|Other|Total| |---|---|---|---|---|---| ||||Property|Investments|2022| ||||||6| |Market value|at 1st July 2021||2,000,000|1,597,127|3,597,127| |Additions||||46,933|46,933| |Revaluations|and losses|||(84,441)|(84,441)| |Market value|at 30th|June 2022|2,000,000|1,559,619|3,559,619| |Investments|at market|value comprise:|||2022| |Amalgamated|trust fund||||1,559,619| |15 Dowlas Street|||||650,000| |131Coleman|Road||||650,000| |I Newent Close|||||700,000| ||||||3,559,619| |FIXEDASSETINVESTMENTS|||Investment|Other|Total| |PEUQ~|||Property|Investments|2021| |Market value|at 1st July 2020||2,000,000|1,307,761|3,307,761| |Additions||||29,950|29,950| |Revaluations|and losses|||259,416|259,416| |Market value|at 30th|June 2021|2,000,000|1,597,127|3,597,127| |Investments|at market|value comprise:|||2021| |Amalgamated|trust fund||||1,597, 127| |15 Dowlas Street|||||650,000| |131Coleman|Road||||650,000| |I Newent
Close|||||700,000| ||||||3,597,127| |is f2,000,000|(2021;f2,000,000).||| |---|---|---|---| |DEBTORS||2022|2021| ||||f| |Other debtors||3,206|1,993| |Prepayments|and accruals|6,201|2,979| |||9,407|4,972| ## ## ## |CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|FALLING|DUE WITHIN|ONE YEAR||2022|2021| |---|---|---|---|---|---|---|---| |||||||6|f,| |Other creditors||||||11,856|53,683| |Accruals and deferred income||||||2,680|2,600| |||||||14,536|56,283| |MOVEMENT IN|FUNDS||||||| |CUILRE IT YEAR:|||Brought||||Carried| ||||Forward|Income|Expenditure|Losses|Forward| |Designated
Funds|||||||| |Balmer Education|Fund||164,904|3,137||(11,856)|156,185| |General Funds|||||||| |General Funds|||3,487,841|132,768|(69,849)|(72,585)|3,478, 175| |Total Unrestricted|Funds||3,652,745|135,905|(69,849)|(84,441)|3,634,360| |MOVEMENT IN|FUNDS||||||| |P~lll
RYEARl:||Brought|||||Carried| |||Forward|Income|Expenditure|Transfers|Gains|Forward| |Designated
Funds|||6||||| |Bshuer Education|Fund|137,607|3,174|||24,123|164,904| |General Funds|||||||| |General Funds||3,256,070|109,784|(114,365)|1,059|235,293|3,487,841| |Total Unrestricted|Funds|3,393,677|1]2,958|(114,365)|1,059|259,416|3,652,745| |Restricted Funds|||||||| |Restricted
Funds||1,059|||(1,059)||| |||3,394,736|112,958|(114,365)||259,416|3,652,745| ## ## |NOTES|TO|THE FINANCIAL STATEMENTS|THE FINANCIAL STATEMENTS||||| |---|---|---|---|---|---|---|---| |15.||ANALYSIS OF NKT ASSETSBETWEEN FUNDS
C~~ YEAR||Restricted
Funds||Unrestricted
Funds|Total
Funds| |||||2022||2022|2022| |||||||f,|| |||Tangible
fixed assets
Fixed assets investments||||2,160
3,559,619|2,160
3,559,619| |||Current assets||||87,117|87,117| |||Creditors
due within|one year|||(14,536)|(14,536)| |||||||3,634,360|3,634,360| |||ANALYSIS OF NET ASSETS BETWEEN FUNDS||Restricted||Unrestricted|Total| |||PllRYEAR'.||Funds||Funds|Funds| |||||2021||2021|2021| ||||||8||| |||Tangible
fixed assets||||2,433|2,433| |||Fixed assets investments||||3,597,127|3,597, 127| |||Current assets||||109,468|109,468| |||Creditors
due within|one year|||(56,283)|(56,283)| |||||||3,652,745|3,652,745| |16.||RELATED PARTIES|||||| ||(2021:89,300)was m|ade to St|George's Pop-In during the year.|George's Pop-In during the year.|George's Pop-In during the year.|George's Pop-In during the year.|George's Pop-In during the year.| |---|---|---|---|---|---|---|---| |17.|RECONCILIATION|OF NKT|MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING||||| ||ACTIVITIES||||||| |||||||2022|2021| ||Net movement
in funds|||||(18,385)|258,009| ||Add back depreciation|||||723|812| ||Deduct dividend
income shown||in investing||activities|(31,324)|(30,737)| ||Deduct rental income|shown in investing||activities||(73,650)|(66,824)| ||Deduct other investment
income|||||(I)|| ||Deduct (gains)/losses|on investments||||84,441|(259,416)| ||(Increase)/decrease
in|debtors||||(4,435)|(2,153)| ||Increase/(decrease)
in|creditors||||(41,747)|30,901| |||||||(84,378)|(69,408)|