| Page | Page | |||
|---|---|---|---|---|
| Report ofthe Trustees | 3 | to | 9 | |
| Independent Examiner's |
Report | 10 | ||
| Statement of Financial | Activities | |||
| Statement of Financial |
Position | 12 | ||
| Notes to the Financial Statements | 13 | to | 22 | |
| Detailed Statement of Financial Activities | 23 | to | 24 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Designated | Total | Total | |||
| Notes | funds | funds F |
funds f |
funds | funds E |
||
| INCOME AND | |||||||
| DESIGNATED FUND | |||||||
| FROM | |||||||
| Donations and legacies |
3 | 17,830 | 17,830 | 5,632 | |||
| Grants and subsidies | |||||||
| Grants | 3 | 15,275 | 15,275 | 37,133 | |||
| Charitable activities |
|||||||
| Charitable activities |
9,139 | 9,139 | 812 | ||||
| Investment income |
8,480 | 8,480 | 8,133 | ||||
| Total | 42,244 | 8,480 | 50,724 | 51,710 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 451 | 451 | |||||
| Charitable activities |
6 | ||||||
| Governance and office |
1,448 | 1,448 | 1,342 | ||||
| costs | |||||||
| Operating charitable |
activities | 53,302 | 636 | 53,938 | 52,831 | ||
| Total | 55,201 | 636 | 55,837 | 54,173 | |||
| Net gains/(losses) on |
(51) | 30,388 | 30,337 | 89,101 | |||
| investments | |||||||
| NET | |||||||
| INCOME/(EXPENDITURE) | (13,008) | 38,232 | 25,224 | 86,638 | |||
| Transfers between |
funds | 14 | |||||
| Net movement in funds |
(13,008) | 38,232 | 25,224 | 86,638 | |||
| RECONCILIATION OF |
|||||||
| FUNDS | |||||||
| Total funds brought | forward | 77,266 | 316,882 | 394,148 | 307,510 | ||
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 64,258 | 355,114 | 419,372 | 394,148 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Designated | Total | Total | ||
| Notes | funds | fund L |
fundf | funds 6 |
funds | |
| FIXEDASSETS | ||||||
| Tangible assets | 10 | 812 | 812 | 1,622 | ||
| Investments | 11 | 62,004 | 316,333 | 378,337 | 375,810 | |
| 62,816 | 316,333 | 379,149 | 377,432 | |||
| CURRENT ASSETS | ||||||
| Debtors | 12 | 1,310 | 1,310 | 346 | ||
| Cash at bank | 28,119 | 24,447 | 52,566 | 19,445 | ||
| 29,429 | 24,447 | 53,876 | 19,791 | |||
| CREDITORS | ||||||
| Amounts falling due within |
||||||
| one year | 13 | (13,653) | (13,653) | (3,075) | ||
| NET CURRENT ASSETS | 15,776 | 24,447 | 40,223 | 16,716 | ||
| TOTAL ASSETS LESS | ||||||
| CURRENT LIABILITIES | 64,258 | 355,114 | 419,372 | 394,148 | ||
| NET ASSETS | 64,258 | 355,114 | 419,372 | 394,148 | ||
| FUNDS | 14 | |||||
| Unrestricted funds |
64,258 | 77,266 | ||||
| Designated funds |
355,114 | 316,882 | ||||
| TOTAL FUNDS | 419,372 | 394,148 |
| Unrestricted | Restricted | 2022 | 2021 | |
|---|---|---|---|---|
| Fund | Fund | |||
| f | ||||
| Bishop R0 Hall Legacy Fund | 500 | 500 | 250 | |
| Mr & Mrs Philip Kan | 10,000 | 10,000 | ||
| LTL Lam | 1,200 | 1,200 | 900 | |
| Alaistair Anson | 1,000 | 1,000 | ||
| In Memory ofTina | 800 | 800 | ||
| Teresa Ng | 1,000 | 1,000 | ||
| Other donations | 2,730 | 2,730 | 1,501 | |
| Gift Aid claims | 1,481 | |||
| Margaret Leslie |
500 | |||
| William Lee | 600 | 600 | 1,000 | |
| 17,830 | 17,830 | 5,632 |
| 4. | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022f | 2021f | |||||||||
| Share Dividends | Received | 8,480 | 8,133 | |||||||
| 5. | RAISING FUNDS | |||||||||
| RAISING DONATIONS | AND LEGACIES | |||||||||
| 2022f | 2021 F |
|||||||||
| Support costs | 451 | |||||||||
| 6. | EXPENDITURE ANALYSIS | |||||||||
| Direct | Support | |||||||||
| Costs | costs | Totals | ||||||||
| f | F | |||||||||
| Governance and |
office | costs | 1,448 | 1,448 | ||||||
| Operating Charitable |
Activities | 53,139 | 1,250 | 54,389 | ||||||
| 53,139 | 2,698 | 55,837 | ||||||||
| Unrestricted | Designated | Restricted | 2022 | 2021 | ||||||
| Fund f |
Fund f |
Fund f |
f | |||||||
| Operating Charitable |
Activities | |||||||||
| Staff costs | 37,425 | 37,425 | 43,408 | |||||||
| Premises costs | 10,257 | 10,257 | 5,786 | |||||||
| Other costs | 5,620 | 636 | - | 6,256 | 3,637 | |||||
| 52,546 | 636 | - | 53,938 | 52,831 | ||||||
| Raising funds | 451 | 451 | ||||||||
| Governance support |
costs | |||||||||
| Independent examination |
fee | 930 | 930 | 792 | ||||||
| Office expenses | 518 | 518 | 550 | |||||||
| 1,448 | 1,448 | 1,342 | ||||||||
| Total | 54,406 | 636 | - | 55,837 | 54,173 |
| 2022 | 2021f | ||
|---|---|---|---|
| Wages | and salaries | 34,133 | 39,203 |
| Social | security costs | 2,268 | 3,028 |
| Other | Pension costs | 1,024 | 1,177 |
| 37,425 | 43,408 |
| The aver | age mon |
thly | number of employees during |
the year was as follows: | |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Average | number | of | employees | 2 | 2 |
| 9. | COMPARATIVES FOR THE STATEMENT |
OF FINANCIAL ACTIVITIES | OF FINANCIAL ACTIVITIES | OF FINANCIAL ACTIVITIES | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Designated | Total | ||
| funds | fund | fund | funds | ||
| 8 | E | E | 6 | ||
| INCOME AND DESIGNATED FUND FROM | |||||
| Donations and legacies |
42,765 | 42,765 | |||
| Charitable activities |
|||||
| Charitable activities |
812 | 812 | |||
| Investment income |
8,133 | 8,133 | |||
| Total | 43,577 | 8,133 | 51,710 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Governance and office costs |
1,342 | 1,342 | |||
| Operating Charitable Activities |
52,327 | 504 | 52,831 | ||
| Total | 53,669 | 504 | 54,173 | ||
| Net gains on investments | 19,531 | 69,570 | 89,101 | ||
| NET INCOME | 9,439 | 77,199 | 86,638 | ||
| Transfers between funds |
17,371 | (17,371) | |||
| Net movement in funds |
26,810 | 59,828 | 86,638 | ||
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 50,456 | 257,054 | 307,510 | ||
| TOTAL FUNDS CARRIED FORWARD | 77,266 | 316,882 | 394,148 |
| 10. | TANGIBLE FIXED | ASSETS | ASSETS | |||||
|---|---|---|---|---|---|---|---|---|
| Fixtures | ||||||||
| Plant and | and | Computer | ||||||
| machinery f |
fittings F |
equipment f |
Totals f |
|||||
| COST | ||||||||
| At 1 April 2021 and | 31 March 2022 | 15,219 | 43,389 | 3,930 | 62,538 | |||
| DEPRECIATION | ||||||||
| At 1 April 2021 | 13,599 | 43,388 | 3,929 | 60,916 | ||||
| Charge for year | 810 | 810 | ||||||
| At 31 March 2022 | 14,409 | 43,388 | 3,929 | 61,726 | ||||
| NET BOOK VALUE | ||||||||
| At 31 March 2022 | 810 | 1 | 812 | |||||
| At 31 March 2021 | 1,620 | 1 | 1,622 | |||||
| 11. | FIXEDASSET INVESTMENTS | |||||||
| Listed | Unlisted | |||||||
| investments | investments | Totals | ||||||
| MARKET VALUE | ||||||||
| At 1 April 2021 | 251 | 375,559 | 375,810 | |||||
| Additions | 99,950 | 99,950 | ||||||
| Disposals | (127,760) | (127,760) | ||||||
| Revaluations | 30,388 | 30,337 | ||||||
| At 31 March 2022 | 200 | 378,137 | 378,337 | |||||
| NET BOOK VALUE | ||||||||
| At 31 March 2022 | 200 | 378,137 | 378,337 | |||||
| At 31 March 2021 | 251 | 375,559 | 375,810 | |||||
| The market values ofthe | principal | investments | at 31 | March 2022 were | as follows: | |||
| 2022 | 2021 | |||||||
| f | f | |||||||
| Blackrock Charities | UK Equity Fund | 53,820 | 166,541 | |||||
| Blackrock Charities | UK Bond Fund | 13,037 | ||||||
| Vanguard FTSE Global Fund |
215,167 | 195,981 | ||||||
| Vanguard ESG Developed |
World A;; cap Eq | 109,150 |
| Listed | Listed | Unlisted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| investments | investments | Totals | ||||||||||
| f | f | |||||||||||
| Increase/ (decrease) Valuation in 2021 |
in valuation | in 2022 | (51) 251 |
2,578 375,559 |
2,527 375,810 |
|||||||
| 200 | 378,137 | 378,337 | ||||||||||
| 13. | DEBTORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||||||
| 2022f | 2021f | |||||||||||
| Other debtors | 1,310 | 346 | ||||||||||
| 14. | CREDITORS: | AMOUNTS | FALLING DUE | WITHIN ONE YEAR | ||||||||
| 2022f | 2021f | |||||||||||
| Other creditors | 13,653 | 3,075 | ||||||||||
| 15. | MOVEMENT | IN FUNDS | ||||||||||
| Net | Transfers | |||||||||||
| movement | between | At | ||||||||||
| At 1.4.21 | in | funds | funds f |
31.3.22 f |
||||||||
| Unrestricted | funds | |||||||||||
| General fund |
77,266 | (13,008) | 64,258 | |||||||||
| Designated | funds | |||||||||||
| Investment | Fund | |||||||||||
| 316,882 | 38,232 | 355,114 | ||||||||||
| TOTAL FUNDS | 394,148 | 25,224 | 419,372 |
| Net moveme | nt in funds, include |
d in the above are as f |
ollows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources f |
expended f |
losses f |
in funds f |
||
| Unrestricted | funds | ||||
| General fund | 42,244 | (55,201) | (51) | (13,008) | |
| Designated | funds | ||||
| Investment | Fund | 8,480 | (636) | 30,388 | 38,232 |
| TOTAL FUNDS | 50,724 | (55,837) | 30,337 | 25,224 |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.20 f |
in funds f |
funds f |
31.3.21 f |
||
| Unrestricted | funds | ||||
| General fund | 50,456 | 9,439 | 17,371 | 77,266 | |
| Designated | funds | ||||
| Investment | Fund | ||||
| 257,054 | 77,199 | (17,371) | 316,882 | ||
| TOTAL FUNDS | 307,510 | 86,638 | 394,148 |
| Compara | tive | net movement in f |
unds, included in the ab |
ove are as fol | lows: | |
|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||
| resources | expended | losses | in funds | |||
| F | 6 | 8 | 6 | |||
| Unrestricted | funds | |||||
| General | fund | 43,577 | (53,669) | 19,531 | 9,439 | |
| Designated | funds | |||||
| Investment | Fund | |||||
| 8,133 | (504) | 69,570 | 77,199 | |||
| TOTAL | FUNDS | 51,710 | (54,173) | 89,101 | 86,638 |