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|STATEMENT OF FI|NANCIAL A|C|TIVIT|IES|||
|---|---|---|---|---|---|---|
||||||Unrestricted|Total|
|C~~NT|||||Funds|Funds|
|||||Notes|2023|2023|
|INCOME|||||||
|Donations<br>and legacies|||||6,260|6,260|
|Investment<br>income|||||108,042|108,042|
|Charitable<br>activities|||||26,576|26,576|
|TOTAL INCOME|||||140,878|140,878|
|EXPENDITURE|||||||
|Raising funds|||||1,918|1,918|
|Charitable<br>activities|||||103,812|103,812|
|TOTAL EXPENDITURE|||||105,730|105,730|
|NET SURPLUS IN|FUNDS||||||
|BEFORE GAINS AND LOSSES|||||||
|ON INVESTMENTS|||||35,148|35,148|
|Gain on revaluation<br>ofinvestment||assets||11|466,729|466,729|
|NET MOVEMENT|IN FUNDS||||501,877|501,877|
|Reconciliation<br>ofFunds|||||||
|Total funds brought|forward||||3,634,360|3,634,360|
|Total funds carried|forward||||4,136,237|4,136,237|
||||||Unrestricted|Total|
|PRIOR YEAR|||||Funds|Funds|
|||||Notes|2022|2022|
|INCOME|||||||
|Donations<br>and legacies|||||16,948|16,948|
|Investment<br>income|||||105,375|105,375|
|Charitable<br>activities|||||13,582|13,582|
|TOTAL INCOME|||||135,905|135,905|
|EXPENDITURE|||||||
|Raising funds|||||16,282|16/82|
|Charitable<br>activities|||||53,567|53,567|
|TOTAL EXPENDITURE|||||69,849|69,849|
|NET SURPLUS IN FUNDS|||||||
|BEFORE GAINS AND LOSSES|||||||
|ON INVESTMENTS|||||66,056|66,056|
|Losses on revaluation|ofinvestment||asse|11|(84,441)|(84,441)|
|NET MOVEMENT|IN FUNDS||||(18,385)|(18,385)|
|Reconciliation<br>ofFunds|||||||
|Total funds brought|forward||||3,652,745|3,652,745|
|Total funds carried|forward||||3,634,360|3,634,360|





## 

|BALANCE SHEET|||||||
|---|---|---|---|---|---|---|
||||2023||2022||
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible<br>fixed assets||10||1,591||2,]60|
|Investments||11||4,026,348||3,559,619|
|TOTAL FIXEDASSETS||||4,027,939||3,561,779|
|CURRENT ASSETS|||||||
|Debtors||12|7,377||9,407||
|Cash at bank|||109,493||77,710||
|TOTAL CURRENT ASSETS|||116,870||87,117||
|CREDITORS:<br>amounts|falling due||||||
|within one year||13|8,572||14,536||
|NKT CURRENT ASSETS||||108,298||72,581|
|TOTAL ASSETSLESSCURRENT||LIABILITIES||4,136,237||3,634,360|
|THE FUNDS OF THE CHARITY|||||||
|Unrestricted<br>Income funds||14||4,136,237||3,634,360|
|TOTALCHARITYFUNDS||||4,136,237||3,634,360|





## 

## 

|||||||2023|2022|
|---|---|---|---|---|---|---|---|
||||||Notes|f.||
|Cash used in operating||activities|||16|(76,259)|(84,378)|
|Cash flows from investing|||activities|||||
|Interest,|dividends<br>and|rents received||||108,042|104,975|
|Purchase|ofinvestments||||||(46,933)|
|Purchase|fixed assets||||||(450)|
|Net cash|provided<br>by|investing<br>activities||||108,042|57,592|
|Change|in cash and cash equivalents|||in the year||31,783|(26,786)|
|Cash and cash equivalents|||brought|forward||77,710|104,496|
|Cash and cash equivalents|||carried|forward||109,493|77,710|





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|VOLUNTARY INCOME|Unrestricted|Total|Unrestricted|Total|
|---|---|---|---|---|
||Funds|Funds|Funds|Funds|
||2023|2023|2022|2022|
|Donations|5,863|5,863|15,735|15,735|
|Gift aid|397|397|1,213|1,213|
||6,260|6,260|16,948|16,948|
|All voluntary<br>income received in 2023 and 2022 was unrestricted.|||||
|INVESTMENT INCOME|Unrestricted|Tots!|Unrestricted|Total|
||Funds|Funds|Funds|Funds|
||2023|2023|2022|2022|
||||8|8|
|Car park rental|||400|400|
|Income from investments|34,142|34,142|31,325|3],325|
|Rental income - residential|73,900|73,900|73,650|73,650|
||108,042|108,042|105,375|105,375|



## 

|||Unrestricted|Total|Unrestricted|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||2023|2023|2022|2022|
|Hall hire||15,469|15,469|3,259|3,259|
|StGeorge's PCC||2,471|2,471|2,522|2,522|
|Sundry|income|8,636|8,636|7,801|7,801|
|||26,576|26,576|13,582|13,582|



## 

||||Unrestricted|Total|Unrestricted|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2023|2023|2022|2022|
|Investment|property|repairs|675|675|14,354|14,354|
|Investment|property|light|||||
|&heat contracts|||1,243|1,243|1,928|1,928|
||||1,918|1,918|16,282|16,282|





## 

|EXPENDIT|URE ON|CHA|RITABLE A|CTIVITIES||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Support and|||Support|and||
||||Charitable|Governance|Total|Charitable|Governance||Total|
||||Activities|Costs|2023|Activities|Costs||2022|
|||||||||f,||
|Other donations|||3,859||3,859|||||
|Grants paid (note 7)|||4,000||4,000|2,250|||2,250|
|Light and heat|||25,507||25,507|3,164|||3,164|
|Rates and Council Tax|||714||714|484|||484|
|Telephones|||778||778|457|||457|
|Repairs|||31,949||31,949|10,713|||10,713|
|Cleaning|||5,627||5,627|5,453|||5,453|
|Sundry|||3,061||3,061|1,911|||1,911|
|Minibus|||3,888||3,888|4,004|||4,004|
|Insurance|||8,879||8,879|5,348|||5,348|
|Depreciation|||569||569|723|||723|
|Wages and salaries|||13,143||13,143|17,319|||17,319|
|Bank charges|||63||63|96|||96|
|Independent|examiners|fees||1,775|1,775|||1,645|1,645|
||||102,037|1,775|103,812|51,922||1,645|53,567|



## 

|||Unrestricted|Total|Unrestricted|Total|
|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|
|||2023|2023|2022|2022|
||||6|||
|St George's Primary School||4,000|4,000|||
|St George's Pop in centre||||2,250|2,250|
|||4,000|4,000|2,250|2,250|
|All grants to institutions|for 2023 and 2022|were unrestricted.||||
|NET INCOME FORTHE YEAR||||2023|2022|
|This is stated after charging:||||f,||
|Depreciation oftangible|fixed assets:|||||
|-owned by charity||||569|723|
|Independent<br>examiners|fee|||1,775|1,645|





## 

## 

||STAFF COSTS||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||Staff costs were as follows:-||||||||
||Wages and salaries||||||13,143|17,319|
||The average monthly|number ofemployees||during the year was as follows:-|||||
||||||||2023|2022|
||Administrative||||||2|2|
||No employee<br>received|remuneration<br>amounting<br>to more than Q0,000 in either||||year.|||
||The key management|personnel ofthe charity|||comprise the board ofnxtstees.|The total|employee<br>benefits||
||ofthe key management|personnel ofthe charity was fNII. (2022:fNII)|||||||
|10.|TANGIBLE FIXED|ASSETS||||Motor|Fixtures &||
|||||||Vehicles|Fittings|Total|
||COST||||||||
||Balance at 1st July 2022 and 30th||June 2023|||21,444|66,531|87,975|
||DEPRECIATION||||||||
||Balance at 1st July 2022|||||21,442|64,373|85,815|
||Charge for the year|||||I|568|569|
||Balance at 30th June|2023||||21,443|64,941|86,384|
||NET BOOK VALUE|AT 30th June 2023|||||1,590|1,591|
||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||||||2,158|2,160|
||All fixed assets are used for direct||charitable||purposes.||||





## 

## 

## 

|FIXED ASSET INVESTMENTS|FIXED ASSET INVESTMENTS|Investment|Other|Total|
|---|---|---|---|---|
|||Property|Investments|2023|
||||8||
|Market value|at 1st July 2022|2,000,000|1,559,619|3,559,619|
|Revaluations|and losses|350,000|116,729|466,729|
|Market value|at 30th June 2023|2,350,000|1,676,348|4,026,348|
|Investments|at market value comprise:|||2023|
|Amalgamated|trust fund|||1,676,348|
|15Dowlas Street||||800,000|
|131Coleman|Road|||800,000|
|1 Newent<br>Close||||750,000|
|||||4,026,348|
|FIXEDASSET INVESTMENTS||Investment|Other|Total|
|||Property|Investments|2022|
|Market value|at 1stJuly 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|
|15Dowlss Street||||650,000|
|131Coleman|Road|||650,000|
|1 Newent Close||||700,000|
|||||3,559,619|



## 

## 

||||||
|---|---|---|---|---|
|DEBTORS|||2023|2022|
|Other debtors|||594|3,206|
|Prepayments|and accruals||6,783|6,201|
||||7,377|9,407|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||2023|2022|
|Other creditors|||5,737|11,856|
|Accruals and|deferred|income|2,835|2,680|
||||8,572|14,536|





## 

## 

## 

|14.|MOVEMENT IN|FUNDS||||||
|---|---|---|---|---|---|---|---|
||CBRRBNTYBAll:||Brought||||Carried|
||||Forward|Income|Expenditure|Gains|Forward|
||Designated<br>Funds|||||||
||Balmer Education|Fund|156,185|3,416|(4,000)||155,601|
||General Funds|||||||
||General Funds||3,478,175|137,462|(101,730)|466,729|3,980,636|
||Total Unrestricted|Funds|3,634,360|140,878|(105,730)|466,729|4,136,237|
||MOVKMKNT<br>IN|FUNDS||||||
||P<br>TC<br>YBAR'.||Brought||||Carried|
||||Forward|Income|Expenditure|Losses|Forward|
||Designated<br>Funds||f||6|||
||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|



## 

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## 

|RECONCILIATION<br>ACTIVITIES||OF NKT MOVK|MKNT IN FU|NDS TO NKT CASH|FLOW FROM OPERA|TING|
|---|---|---|---|---|---|---|
||||||2023|2022|
|Net movement<br>in funds|||||501,877|(18,385)|
|Add back depreciation|||||569|723|
|Deduct dividend<br>and||interest income shown in investing||activities|(34,142)|(31,325)|
|Deduct rental income||shown in investing|activities||(73,900)|(73,650)|
|Deduct (gains)/losses||on investments|||(466,729)|84,441|
|(Decrease)/Increase|in debtors||||2,030|(4,435)|
|Decrease in creditors|||||(5,964)|(41,747)|
||||||(76,259)|(84,378)|