2022-04-05-accounts - The Norman Taylor Educational And Aid For The Elderly Trust

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	I	N	IAL A	TIVITIES	THE	H APRIL 2022
					2022		2021
			Unrestricted		Restricted	Total	Total
				Funds	Funds	Funds	Funds
	Note			K	6	K	6
Income
Investment income				51,333		51,333	43,977
Total income				51,333		51,333	43,977
Expenditure
Raising funds
Investment management	costs			(7,752)		(7,752)	(4,204)
Charitable activities
Donations				(39,000)		(39,000)	(41,500)
Grants paid				(4,000)		(4,000)	(6,000)
Other costs				(7,627)		(7,627)	(4,989)
Total expenditure				(58,379)		(58,379)	(56,693)
Property revaluation		6
Net gains/(losses) on investments
Realised (losses)/gains Unrealised (losses)/gains		2 6/7		2,229 36,915		2,229 36,915	7,827 236,095
Net movement in funds				32,098		32,098	231,206
Reconciliation offunds:-
Funds brought forward				1,256,527	650,000	1,906,527	1,675,321
Total funds carried forward		10		1,288,625	650,000	1,938,625	1,906,527

	At 5th April 2021	At 5th April 2021	At 5th April 2021								~50 000
	The freehold land and buildings				were	independently	valued		by an appropriately qualified		Chartered
	Surveyor	on the basis	of open	market		value for existing		use	and tenants	on 11 February	2020. The
	Trustees	have reviewed the current market and condition						ofthe	property and	consider the valuation to be
	the fair value as at 5 April 2022.
	FIXEDASSET INVESTMENTS
	All used	for charitable	purposes			Brewer &			St.James	Total	Total
						Dolphin			Wealth	2022	2021
						6			6		8
	Valuation	at 6th April	2021			594,779			659,293	1,254,072	1,006,661
	Additions	at cost				166,449				166,449	120,894
	Disposals	at market value				(175,529)				(175,529)	(109,578)
	Unrealised gains/(losses)					35,316			(38,263)	(2,947)	236,095
	Valuation	at 5th April	2022						~t	~1242 0
	Historical	cost at 5th	April 2022						735JX)Q	1 250	11 8067
	DEBTORS
	Amounts	falling due	within one		year
									2022		2021
	Accrued	investment income							9,410		8,960
	David Taylor Housing		Trust						42,433		41,233
									51,843		50,193
9.	CREDITORS
	Amounts	falling due	within one		year
									2022 f		2021
	Accrued	expenses							4,719		4,040
	David Taylor Housing		Trust						62,800		62,800
									67,519		66,840

				Note	f	2022		f	f
INCOME
Dividends and interest		received					51,333		43,977
EXPENDITURE
Direct charitable	expenditure:-
Donations				3	39,000			41,500
Grant - Educational				4	4,000			6,000
					43,000			47,500
Administration expenses:-
Clerk and administration			costs		3,453			2,709
Legal and professional		fees			1,768
Accountancy fees					2,400			2,280
Stockbrokerfees					7,752			4,204
Bank charges						6
					15,379			9,193
Total expenditure							58,379		(56,693)
Deficit of income over expenditure				on
ordinary activities							(7,046)		(12,716)
Realised (losses)/gains		on investments					2,229		7,827
Net surplus/(deficit)	before unrealised
(losses)/gains							(4,817)		(4,889)
Unrealised (losses)/gains			on investments
and fixed assets							(2,947)		236,095
Property revaluation
Surplus of(expenditure)			over income
for the year							(7,764)		231,206