## ## |Trustees||Mr JAttias||| |---|---|---|---|---| |||Mr A Buries (Resigned 28 June 2023)||| |||Mrs M Lally||| |||Mrs JMarren-King||| |||Mrs S O' Brien||| |||Mr A Bennett||| |||Mr P Ryerson (Resigned 28 June 2023)||| |||Mrs R Chamdal||| |||Mr KMartin||| |||Mr C Liberty (Appointed||17May 2023)| |Charity|no.|303078||| |Charity|correspondent|Frazine Johnson Solicitors||| |||Old Bank Chambers||| |||32 Station Parade||| |||Denham||| |||Uxbridge||| |||UB95ET||| |Auditors||Ward Williams||| |||Belgrave House||| |||39-43 Monument|Hill|| |||Weybridge||| |||Surrey KT13 8RN||| |Bankers||Lloyds Bank pic||| |||21-22 High Street||| |||Uxbridge||| |||Middlesex||| |||UB8 1JD||| ## ## |||Page| |---|---|---| |Trustees'|Report|1 —7| |Auditors'|Report|8 —11| |Statement|ofFinancial Activities|12| |Balance Sheet||13| |Statement|ofCash Flows|14| |Notes to|the Accounts|15-23| ## ## ## ## |ncluding
the unrealised
lo|ss on Fund Investments|the Charity incurred
a s|mall loss ofE2,361| |---|---|---|---| |(Deficit)/Surplus
Expenditure
on Charitable
Income|Objectives"|(f144,104)
667,200
6155,330|Down f88,760
Down f5,386
Up f25,574| |Running
Costs
Unrealised
gain/(loss)
on
Balance Sheet Assets|investments|f111,964
f141,743
62,654,616|Down 672,028
Down f201,986
Down f146,985| |Balance Sheet Net Assets||E2,632,956|Down f144,106| ## ## ||||||Expenditure|Expenditure|Expenditure| |---|---|---|---|---|---|---|---| ||||||Yearto|Year|to| ||||||31/03/23|31/03/22|| ||||||f|f|| |Assistance||Provided to individuals
in need for|white goods,||19,074|37,094|| |Grants||carpets &furniture.|||||| |||Applied for by local organisations|on behalf of||||| |||individuals.
Grants are also available to local|||||| |||organisations
meeting the objectives of the|||||| |||Charity.|||||| |||Applications
are assessed against|the Charity's||||| |||aims &available
bud
et.|||||| |Hampers||Supplied 750 Christmas
Hampers|to local||24,181||22,151| |||organisations
for distribution
to the elderly and|||||| |||need|||||| |Events||Held Platinum
Jubilee Celebrations|forthe||2,472||2,106| |||elderly including
catering. The events were|||||| |||designed to help those who may feel isolated||to|||| |||mix with others to celebrate.|||||| |Total Ex enditure|||||45,727|61,351|| |Hall Hire||Allow local organisations
to hire Community|||613.5 hours|321 hours|| |||Halls at no or reduced cost where
for the direct benefit ofthe elderl|the activity|is|Notional cost
f21,473|Notional cost
f11,235|| |Total lncludin|Notional|Ex enditure|||67,200|72,586|| ## ## |Assets &Income||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Charitable
activities and|the Charity's||running||costs are funded|||by income generated||from| |the Charity's
Permanent|Endowment||and investments.|||The|Trustees have chosen to||invest|| |surplus
funds
in investment
Charity. Investments
have||trusts with a view
decreased
in value|||to protecting
the long-term
future ofthe
during the year by f141,743 as a result|||||ofstock| |market volatility
which the||Trustees are willing to accept in|||||the|short term.||| |||||||||BookValue|BookValue|| |||||||||31/03/23|31/03/22|| |||||||||f||f| |Permanent
Endowment||||||||||| |The Cedars Freehold
Property||||||||||| |Leased to Trinity Homeless Projects||||||||f149,140||f149,140| |Darren House||||||||||| |Leased to a local corn
an||||||||||| |Cazenove
Charity Multi-Asset||Fund||||||f1,049,227||f1,141,749| |Total Permanent
Endowment||||||||E1,198,367|E1,290,889|| ||I|||||||||| |rii||||||||||| |Kate Fassnidge
Community|Hall at 2 Harefield|||Road Uxbridge||||f89,909||f92,219| |Available to hire for the local|community|||||||||| |76 High Street Northwood
8 Flats
8&Community||||Hall||||f186,813||f188,453| |Available to hire for the local|community|||||||||| |Cazenove Charities
Multi-Asset
Fund including||||Deposit||||f742,435||f723,918| |Various Investment
Funds including
Deposit
Bank Deposit
Total Other Investments||||||||f283,767
f140,165
E1,443,089||f1,000
f487,824
f1,493,414| |Other Assets||||||||||| |Office Equipment
Cash at Bank||||||||f2,788
f4,346||f663
f7,701| |Debtors||||||||f6,026||f8,934| |Total Assets||||||||E2,654,616||E2,801,601| ## |ncome for yea|r has increased
by f25,574:|||| |---|---|---|---|---| |||Yearto|Year|to| |||31/03/23|31/03/22|| |||f|f|| |Hire ofCommuni|Halls|11,264||11,252| |Interest on Bank|De osits|461||59| |Pro e
Rental||64,156||50,800| |Income from Investments||75,947||63,930| |Reimbursement|ofInsurance|1,872||3,715| |Donations||1,630||| |Total Income||155,330|129,756|| ## ## |||||Year to|Year|to| |---|---|---|---|---|---|---| |||||31/03/23|31/03/22|| |||||f|f|| |Em
lo ee corn||ensation|and benefits|44,921||38,339| |Pro e|maintenance|||1,177||76,049| |Le
al and|Estate services|||17,597||22,858| |Office costs||||1,229||7,552| |Audit fee||||6,720||6,120| |Insurance||||4,151||5,360| |Communi|Hall|runnin|costs|21,211||19,448| |Fixed asset de||reciation||5,721||5,958| |Other ex|enses|||9,237||2,308| |Total Ex|enditure|||111,964|183,992|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Resti1cted||Endowment|Total|Total| |---|---|---|---|---|---|---|---|---| ||||Funds|Funds||Funds|2023|2022| |Income and endowments|from:||||||f.|| |Incoming resources from generated||funds:||||||| |Donations
and legacies|||1,630||||1,630|| |Charitable
Activities|||13,136||||13,136|14,967| |Investments|||140,564||||140,564|114,789| |Total incoming
resources||Note 2|155,330||||155,330|129,756| |Expenditure
on:||||||||| |Charitable
Activities|||157,691||||157,691|245,343| |Total expenditure||Note 3|157,691||||157691|245 343| |Net (loss)/gain
on investments||Note 4|(49,222)|||(92,521)|(141,743)|60,243| |Net (expenditure)
/ Income|||(51,583)||-|(92,521)|(144,104)|(55,344)| |Transfers
between
funds||||||||| |Net movement
in funds|||(51,583)||-|(92,521)|(144,104)|(55,344)| |Reconciliation
ofFunds||||||||| |Total funds brought
forward
At 1April 2022|||1,471,849|||1,295,211|2,767,060|2,822,404| |Total funds brought
forward
At 31March 2023||Note 11|1,420,266|||1,202,690|2,622,956|2,767,060| ## ## |||Notes||2023|2022| |---|---|---|---|---|---| |FIXEDASSETS|||||| |Tangible assets||||428,650|430,475| |CURRENT ASSETS|||||| |Investments||7|2,215,594||2,354,491| |Debtors||8|6,026||8,934| |Cash at bank and in hand|||4,346||7,701| ||||2,225,966||2,371,126| |CREDITORS: Amounts|falling due within||||| |one year|||(21,660)||(24,541)| |NKT CURRENT ASSETS||||2,204,306|2,346,585| |NET ASSETS||||2c632e956|2 777060| |REPRESENTED BY:|||||| |Capital bequest||6,11||10,000|10,000| |Unrestricted
funds
Endowment
funds||11
11|1,420,266
1,202,690||1,471,849
1,295,211| |||||2,622,956|2,767,060| |TOTALFUNDS||||2,632,956|2,777,060| ## ## ||||2023|2022| |---|---|---|---|---| |Cash flow from operating
activities (see reconciliation||||| |below):||||| |Net cash flow from operating|activities||(214,765)|(112,537)| |Cash flow from investing
activities||||| |Payments
to acquire tangible fixed assets|||(3,895)|| |Interest received|||461|59| |Re-invested
income from investments|||75,947|63,930| |Net cash flow from investing|activities||72,513|63,989| |Net Decrease in cash and cash equivalents|||(142,252)|(48,548)| |Cash and cash equivalents
at I|April 2022||2,362,192|2,410,740| |Cash and cash equivalents
at 31 March 2023|||2,219,940|2,362,192| |Reconciliation
of net income|/ (expenditure)|to net cash||| |flow from operating
activities||||| |Net expenditure
for the year
Depreciation oftangible fixed|assets||(144,104)
5,720|(55,344)
5,958| |Interest receivable|||(461)|(59)| |Income from Investment
funds|||(75,947)|(63,930)| |Decrease/(increase)
in debtors|||2,908|(1,585)| |(Decrease)/increase
in creditors|||(2,881)|2,423| |Net cash flow from operating|activities||(214,765)|(112,537)| ## ## ## ## ## ## ## ## ## ## ## ## ## |||||2023|2022| |---|---|---|---|---|---| |Donations|and|legacies|||| |Donations|from|Uxbridge|Bikers|1,630|| |||||1,630|| |Charitable|Activities||||| |Kate Fassnidge||Community|Hall —Northwood|3,584|4,323| |Kate Fassnidge
Re-imbursement||Community
Hall —Uxbridge
ofInsurance||7,680
1,872|6,929
3,715| |||||13,136|14,967| |Investment|Income||||| |Bank deposit interest||||461|59| |Rent received||||64,156|50,800| |Multi-asset|fund income|||75,947|63,930| |||||140,564|114,789| |Total||||155,330|129,756| ## ## |.|CHARITABLE ACTIVITIES||||| |---|---|---|---|---|---| |||||2023|2022| ||Grants and donations
made:||||K| ||Social &Housing
Welfare needs
Purchase ofChristmas
hamper|||21,546
24,181|39,200
22,151| |||||45,727|61,351| ||Property
maintenance
and improvement||||| ||General maintenance
ofproperties
Property
Insurance
Office Occupation
Kate Fassnidge
Community
Hall running
costs
Kate Fassnidge
Community
Halls depreciation
Office Equipment
depreciation|||1,177
4,151
21,211
3,949
1,772|76,049
5,360
7,552
19,448
5,311
647| |||||32,260|114,367| ||Administration
and governance||||| ||Wages and salaries
Employment
expenses
Suppoit charges —Legal and clerking
Support charges —Estates and valuations
Website design and hosting
Expenses ofmeetings,
refreshments
etc
Auditors
remuneration|||44,410
511
10,260
7337
44
1,820
6,720|37,568
771
15,379
7,479
530
1,778
6,120| ||Management
fee
Office costs|||7,358
1,229|| ||Bank fees|||15|| |||||79,704|69,625| ||Total|||157,691|245,343| |4.|OTHER GAINS/(LOSSES)|||2023|2022| ||Unrealised
(loss)/gain
on investments|||(141,743)|60,243| |||||(141,743)|60,243| ## ## |5.|EMPLOYEES||||||| |---|---|---|---|---|---|---|---| |||||||2023|2022| ||Number ofemployees:|||||Number|Number| ||The average
monthly|number|of employees|during|the||| ||year was:||||||| ||Employment
costs||||||| ||Wages and salaries|||||43,249|36,445| ||Social security costs||||||| ||Employer
pension costs|||||1,161|1,123| |||||||44,410|37,568| ## ## |.
FIXEDASSETS|||||| |---|---|---|---|---|---| ||The|Northwood|Uxbridge|Fixtures|| ||Cedars
f|Hail (KFCH)f|Hall
f|A fittings
f|Total| |Cost as at 1 April 2022
Additions|10,000|197,049|101,037|13,057
3,895|321,143
3,895| ||10,000|197,049|101,037|16,952|325,038| |Development
costs:
As at 1 April 2022|139,140||||139,140| |Development
costs this|||||| |year|||||| |As at 31 March 2023|149,140|197,049|101,037|16952|464 178| |Depreciation
costs:
As at 1 April 2022
Charge for current year||9,399
1,080|8,818
2,309|11,591
2,331|29,808
5,720| |As at 31 March 2023||10,479|11,127|13,922|35,528| |NBV at 31March 2023|149,140|186,570|89,910|3,030|428,650| |NBV at 31March 2022|149,140|187,650|92,219|1,466|430,475| ## ## ## ## |||De|osit Account|Multi-asset
Fund|Other
Funds|Total| |---|---|---|---|---|---|---| |As at 1 April 2022|||488,824|1,865,667||2,354,491| |Additions|||461|73,788|283,736|357,985| |Disposals|||(349,120)|(5,442)|(577)|(355,139)| ||||140,165|1,934,013|283,159|2,357,337| |Unrealised|gain/(loss)|||(142,351)|608|(141,743)| |NBV at 31|March 2023||140,165|1,791,662|283,767|2,215,594| |NBV at 31|March 2022||488,824|1,865,667||2,354,491| ## ## |8.|DEBTORS|||| |---|---|---|---|---| ||||2023|2022| ||Trade debtors|||3,291| ||Prepayments|and accrued income|6,026|5,643| ||||6,026|8,934| |9.|CREDITORS: Amounts|falling due within|one year||| |---|---|---|---|---|---| |||||2023|2022| ||Accruals and deferred
income|||18,195|20,300| ||Other creditors —deposits|held||3,465|4,241| |||||21,660|24,541| ## ## ## ## |FUNDS||||||| |---|---|---|---|---|---|---| |||Capital|Unrestricted|Restricted|Endowment|Total| |||Bequest|Funds|Funds|Funds|| |At I April|2022|10,000|1,471,849||1,295,211|2,777,060| |Income|||155,330|||155,330| |Expenditure|||(157,691)|||(157,691)| |(Loss)/gain|on investments||(49,222)||(92,521)|(141,743)| |Transfers between funds||||||| |At 31March 2023||10,000|1,420,266||1,202,690|2,632,956|