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||||Page||
|---|---|---|---|---|
|Report ofthe|Trustees||1 to|6|
|Independent|Examiner's|Report|||
|Statement of|Financial|Activities|||
|Balance Sheet|||9 to|10|
|Notes tothe Financial Statements|||11 to|20|
|Detailed Statement ofFinancial Activities|||21 to|22|





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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Endowment|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes|f|f|f|f|
|INCOME AND ENDON/MENTS|||FROM||||||
|Donations|and legacies||||5,891||5,891|9,344|
|Charitable|activities||||||||
|Charitable|||||9,504||9,504|12,194|
|Investment|income||||93,435|1,312|94,747|69,158|
|Total|||||108,830|1,312|110,142|90,696|
|EXPENDITURE ON|||||||||
|Charitable|activities||||||||
|Charitable|||||&5,041|846|85,887|152,968|
|Support and governance||costs|||12,133||12,133|12,779|
|Total|||||97,174|846|98,020|165,747|
|Net gains/(losses)<br>on investments|||||(115,502)|(1,580)|(117,082)|115,084|
|NET INCOME / (EXPENDITURE)|||||(103,846)|(1,114)|(104,960)|40,033|
|RECONCILIATION<br>OF FUNDS|||||||||
|Total funds|brought forward||||1,734,458|48,739|1,783,197|1,743,164|
|TOTAL FUNDS CARRIED||FORNIARD|||1,630,612|47,625|1,678,237|1,783,197|





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|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total|Total|
|||fund|funds|funds|funds|
||Notes|f|f|f|f|
|FIXEDASSETS||||||
|Investments||||||
|Investments|11|1,190,940|40,175|1,231,115|1,348,197|
|Investment<br>property|12|401,113||401,113|401,113|
|||1,592,053|40,175|1,632,228|1,749,310|
|CURRENT ASSETS||||||
|Debtors|13||||270|
|Cash at bank||41,627|7,551|49,178|36,768|
|||41,627|7,551|49,178|3?,038|
|CREDITORS||||||
|Amounts<br>falling due within one year|14|(3,068)|(101)|(3,169)|(3,151)|
|NET CURRENT ASSETS||38,559|7,450|46,009|33,887|
|TOTAL ASSETS LESSCURRENT LIABILITIES||1,630,612|47,625|1,678,237|1,783,197|
|NET ASSETS||1,630,612|47,625|1,678,237|1,783,197|





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|||Notes|tothe Financial Statements|-continued|||
|---|---|---|---|---|---|---|
||||for the Year Ended 31March|2023|||
|2.|DONATIONS|AND LEGACIES|||||
||||||2023|2022|
||||||f|f|
||Donations||||5,891|9,344|
|3.|INVESTMENT INCOME||||||
||||||2023|2022|
||||||f|f|
||Rents received||||50,185|25,207|
||Investment|income|||44,373|43,875|
||Deposit account interest||||189|76|
||||||94,747|69,158|
|4.|INCOME FROM CHARITABLE||ACTIVITIES||||
||||||2023|2022|
|||||||f|
||Insurance||||9,064|8,144|
||Stroud District Council - contributions||||440|4,050|
||||||9,504|12,194|
|5.|CHARITABLE|ACTIVITIES COSTS|||||
|||||Direct costs|Grant funding||
|||||(see note|activities (see||
|||||6)|note 7)|Totals|
|||||f|f|f|
||Charitable|||21704|64183|85887|



|Direct costs|Grant funding||
|---|---|---|
|(see note|activities (see||
|6)|note 7)|Totals|
|f|f|f|
|21,704|64,183|85,887|





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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||f|f|
|Buildings||insurance|||12,689|12,200|
|Management<br>commissions|||||3,715|885|
|Property||expenses and repairs|||3,642|80,302|
|School|of|Science and Art expenses|||812|2,390|
|Prizes|||||846|830|
||||||21,704|96,607|
|GRANTS PAYABLE|||||||
||||||2023|2022|
||||||f|f|
|Charitable|||||64,183|56,361|
|The total||grants|paid to institutions|during the year was as follows:|||
||||||2023|2022|
||||||f|f|
|Stroud|High School||||15,000|6,000|
|Archway||School|||8,428|8,316|
|Marling|School||||12,000|12,000|
|Grants|to|other|institutions||7,167|7,007|
||||||42,595|33,323|
|The total||grants|paid to individuals|during the year was as follows:|||
||||||2023|2022|
||||||f|f|
|Grants|to|individuals|||21,588|23,038|





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|||||Governance||
|---|---|---|---|---|---|
||||Management|costs and||
|||||Finance|Totals|
||||f|f|f|
|Other|resources|expended|10,081|2,052|12,133|
||||10,081|2,052|12,133|



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|COMPARATIVES<br>FOR THE STATEMENT OF FINANCIAL ACTIVITIES<br>-2022|COMPARATIVES<br>FOR THE STATEMENT OF FINANCIAL ACTIVITIES<br>-2022|COMPARATIVES<br>FOR THE STATEMENT OF FINANCIAL ACTIVITIES<br>-2022|COMPARATIVES<br>FOR THE STATEMENT OF FINANCIAL ACTIVITIES<br>-2022|||
|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|
||||fund|funds|funds|
||||f|f|f|
|INCOME AND ENDOWMENTS||FROM||||
|Donations|and legacies||9344||9,344|
|Charitable|activities|||||
|Charitable|||12,194||12,194|
|Investment|income||67,938|1,220|69,158|
|Total|||89,476|1,220|90,696|
|EXPENDITURE ON||||||
|Charitable|activities|||||
|Charita b le|||164,917|830|165,747|
|Total|||164,917|830|165,747|
|Net gains/(losses)<br>on investments|||111,767|3,317|115,084|
|NET INCOME / (EXPENDITURE)|||36,326|3,707|40,033|





|10.|COMPARATIVES<br>FOR THE|STATEMENT OF FINANCIAL|ACTIVITIES - continued|ACTIVITIES - continued||
|---|---|---|---|---|---|
||||Unrestricted|Endowment|Total|
||||fund|funds|funds|
||||f|f|f|
||RECONCILIATION<br>OF FUNDS|||||
||Total funds brought forward||1,698,132|45,032|1,743,164|
||TOTAL FUNDS CARRIED FORWARD||1,734,458|48,739|1,783,197|
|11.|FIXEDASSET INVESTMENTS|||||
||||||Listed|
||||||investments|
||||||f|
||MARKET VALUE|||||
||At 1April 2022||||1,348,197|
||Additions||||1,003,083|
||Disposals||||(1,003,083)|
||Revaluations||||(117,082)|
||At 31March 2023||||1,231,115|
||NET BOOK VALUE|||||
||At 31March 2023||||1,231,115|
||At 31March 2022||||1,348,197|
||There were no investment|assets outside the UK.||||





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|FAIR VALUE||
|---|---|
|At 1April 2022|401,113|
|Addition<br>/ (Disposals)||
|At 31March 2023|401,113|
|NET BOOK VALUE||
|At 31March 2023|401,113|
|At 31March 2022|401,113|



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|13.|DEBTORS:AMOUNTS<br>F|ALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|
||||2023|2022|
||||f||
||Rents receivable|||270|
|14.|CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||2023|2022|
||||f|f|
||Trade creditors||1,189|1,171|
||Other creditors||1,980|1,980|
||||3,169|3,151|





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|MOVEMENT|IN FUNDS|||||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1.4.22|in funds|funds|31.3.23|
|||E|f|E|f|
|Unrestricted|funds|||||
|General fund||1,734,458|(103,846)||1,630,612|
|Endowment|funds|||||
|Endowment|funds|48,739|{1,114)||47,625|
|||48,739|(1,114)||47,625|
|TOTAL FUNDS||1,783,197|(104,960)||1,678,237|



|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||E||f|E|
|Unrestricted|funds|||||
|General fund||108,830|(97,174)|(115,502)|(103.846)|
|Endowment|funds|||||
|Endowment|funds|1,312|(846)|(1,580)|(1,114)|
|||1,312|(846)|(1,580)|(1,114)|
|TOTAL FUNDS||110,142|(98,020)|(117,082)|{104,960)|





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||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.21|in funds|funds|31.3.22|
|||f|f|f||
|Unrestricted|funds|||||
|General fund||1,698,132|36,326||1,734,458|
|Endowment|funds|||||
|Endowment|funds|45,032|3,707||48,739|
|TOTAL FUNDS||1,743,164|40,033||1,783,197|



|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||f|f|f||
|Unrestricted|funds|||||
|General fund||89,476|(164,917)|111,767|36,326|
|Endowment|funds|||||
|Endowment|funds|1,220|(830)|3,317|3,707|
|TOTAL FUNDS||90,696|(165,747)|115,0&4|40,033|





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||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.21|in funds|funds|31.3.23|
||||f|f|E|
|Unrestricted|funds|||||
|General fund||1,698,132|(67,520)||1,630,612|
|Endowment|funds|||||
|Endowment|funds|45,032|2,593||47,625|
|||45,032|2,593||47,625|
|TOTAL FUNDS||1,743,164|(64,927)||1,678,237|



|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||f|E|E|F|
|Unrestricted|funds|||||
|General fund||198,306|(262,091)|(3,735)|(67,520)|
|Endowment|funds|||||
|Endowment|funds|2,532|(1,676)|1,737|2,593|
|||2,532|(1,676)|1,737|2,593|
|TOTAL FUNDS||200,838|(263,767)|(1,998)|(64,927)|





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|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Endowment|Total|Total|
|||funds|funds|funds|funds|
|||E|E|f|f|
|INCOME AND ENDOWMENTS||||||
|Donations<br>and legacies||||||
|Donations||5,891||5,891|9,344|
|Investment<br>income||||||
|Rents received||50,185||50,185|25,207|
|Investment<br>income||43,204|1,169|44,373|43,875|
|Deposit account interest||46|143|189|76|
|||93,435|1,312|94,747|69,158|
|Charitable<br>activities||||||
|Insurance||9,064||9,064|8,144|
|Stroud District Council||440||440|4,050|
|||9,504||9,504|12,194|
|Total incoming<br>resources||108,830|1,312|110,142|90,696|
|EXPENDITURE||||||
|Charitable<br>activities||||||
|Buildings<br>Insurance||12,689||12,689|12,200|
|Management<br>commissions||3,715||3,715|885|
|Property expenses|and repairs|3,642||3,642|80,302|
|Prizes|||846|846|830|
|School ofArt expenses||812||812|2,390|
|Grants to institutions||42,595||42,595|33,323|
|Grants to individuals||21,588||21,588|23,038|
|||85,041|846|85,887|152,968|
|Support costs||||||
|Management||||||
|Website costs||240||240|167|
|Carried forward||240||240|167|





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||||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Endowment|Total|Total|
||||||||funds|funds|funds|funds|
||||||||f|f|f|f|
|Management|||||||||||
|Brought forward|||||||240||240|167|
|Telephone|||||||143||143|176|
|Printing<br>and|stationery||||||202||202|271|
|Postage|||||||299||299|183|
|Clerk's fees|||||||9,183||9,183|8,719|
|Travel S.meetings|||costs||||14||14|11|
||||||||10,081||10,081|9,527|
|Finance|||||||||||
|Bank charges|||||||102||102|38|
|Governance|costs||||||||||
|Legal and professional|||||fees|||||1,234|
|Accountancy|and||examiner's|||fee|1,950||1,950|1,980|
||||||||1,950||1,950|3,214|
|Total resources|expended||||||97,174|846|98,020|165,747|
|Net expenditure||before|||gains|and losses|11,656|466|12,122|(75,051)|
|Realised recognised|||gains and|||losses|||||
|Realised gains/(losses)||||on fixed asset|||||||
|investments|||||||(29,134)||(29,134)|2,460|
|Net expenditure|||||||(17,478)||(17,012)|(72,591)|