| Page | |||||
|---|---|---|---|---|---|
| Reference and Administrative Details |
|||||
| Report ofthe Trustees | 2 | to | 4 | ||
| Independent Examiner's |
Report | ||||
| Statement ofFinancial | Activities | ||||
| Balance Sheet | |||||
| Notes tothe Financial Statements | 8 | to | 16 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Total | |||
| funds | funds | |||
| Notes | E | E | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Investment income |
172,067 | 175,579 | ||
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| General grant | 198,519 | 187,291 | ||
| Net gains/(losses) on investments |
(283,451) | 298,121 | ||
| NET INCOME/(EXPENDITURE) | (309,903) | 286,409 | ||
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 5,988,776 | 5,702,367 | ||
| TOTAL FUNDS CARRIED FORWARD | 5,678,873 | 5,988,776 |
| 2022 | 2021 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | E | E | |
| FIXEDASSETS | |||
| Investments | |||
| Investment property |
3,495,000 | 3,495,000 | |
| Social investments | 2,070,283 | 2,303,295 | |
| 5,565,283 | 5,798,295 | ||
| CURRENT ASSETS | |||
| Debtors | 10 | 5,427 | 11,692 |
| Cash at bank | 112,063 | 182,689 | |
| 117,490 | 194,381 | ||
| CREDITORS | |||
| Amounts falling due within one year |
(3,900) | (3,900) | |
| NET CURRENT ASSETS | 113,590 | 190,481 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 5,678,873 | 5,988,776 | |
| NET ASSETS | 5,678,873 | 5,988,776 | |
| FUNDS | 12 | ||
| Unrestricted funds |
5,678,873 | 5,988,776 | |
| TOTAL FUNDS | 5,678,873 | 5,988,776 |
| INVESTMENT INCOME | ||
|---|---|---|
| 2022 | 2021 | |
| E | E | |
| Rents received | 106,241 | 109,292 |
| Income from listed investments | 65,762 | 66,281 |
| Interest receivable | 64 | 6 |
| 172,067 | 175,579 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | f | ||||
| Repairs and maintenance | 12,676 | 35,060 | |||
| insurance | 6,861 | 6,153 | |||
| Commissions fh legal |
fees | 15,004 | 11,705 | ||
| Property investment |
costs | 34,541 | 52,918 | ||
| Other investment management |
costs | 14,462 | 14,655 | ||
| Support and governance | costs | 996 | 1,179 | ||
| Total investment management |
costs | 49,999 | 68,752 | ||
| 2022 | 2021 | ||||
| f. | f | ||||
| Grants to institutions | |||||
| School facilities | 16p950 | 18,080 | |||
| Other organisations | 36,735 | 9,143 | |||
| 53,685 | 27,223 | ||||
| Grants to individuals | 85,870 | 80,700 | |||
| Total direct costs | 139,555 | 107,923 | |||
| Support and governance | costs | allocated | 8,965 | 10,616 | |
| Total grant costs | 148,520 | 118,539 |
| Grant | Investment | ||||
|---|---|---|---|---|---|
| making | management | 2022 | 2021 | ||
| E | E | E | f | ||
| Management | and administration | 5,455 | 606 | 6,061 | 7,895 |
| Ac co un tan cy | 3,510 | 390 | 3,900 | 3,900 | |
| 8,965 | 996 | 9,961 | 11,795 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|---|---|---|
| Unrestricted | ||
| funds | ||
| E | ||
| INCOME AND ENDOWMENTS | FROM | |
| Investment income |
175,579 | |
| EXPENDITURE ON | ||
| Charitable activities |
||
| General grant | 187,291 | |
| Net gains on investments | 298,121 | |
| NET INCOME | 286,409 | |
| RECONCILIATION OF FUNDS |
||
| Total funds brought forward | 5,702,367 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued |
||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | ||||
| E | ||||
| TOTAL FUNDS CARRIED FORWARD | 5,988,776 | |||
| NET GAINS/(LOSSES) ON INVESTMENTS | ||||
| 2022 | 2021 | |||
| E | f | |||
| Realised and unrealised | gains / (losses) on investments | (281,457) | 298,121 | |
| (281,457) | 298,121 | |||
| INVESTMENT PROPERTY | ||||
| 2022 | 2021 | |||
| E | E | |||
| 1&2 Rands Cottages, | Holwell | Road, Holwell | 300,000 | 300,000 |
| 3Rands Cottages, Pirton Road, Holwell | 300,000 | 300,000 | ||
| 4- 6 Rands Cottages, Pirton Road, Holwell | 430,000 | 430,000 | ||
| New Rectory, Holwell | 480,000 | 480,000 | ||
| 47The Broadway, Mill |
Hill, London | 575,000 | 575,000 | |
| 49The Broadway, Mill |
Hill, London | 500,000 | 500,000 | |
| 374 Brixton Road, London | 800,000 | 800,000 | ||
| Other property: | ||||
| Holwell Village Hall |
60,000 | 60,000 | ||
| John Rand Recreation | Ground, | Holwell | 50,000 | 50,000 |
| 3,495,000 | 3,495,000 |
| SOCIAL INVESTMENTS | |
|---|---|
| Programme | |
| related | |
| investments | |
| equity | |
| E | |
| Market value | |
| At 1stJanuary 2022 | 2,303,295 |
| Additions | 567,624 |
| Disposals | (517,185) |
| Revaluations | (283,451) |
| At 31stDecember 2022 | 2,070,283 |
| Net book value | |
| At 31stDecember 2022 | 2,070,283 |
| At 31stDecember 2021 | 2,303,295 |
| Equity | ||||
|---|---|---|---|---|
| E | ||||
| Valuation | in 2022 | 2,070,283 | ||
| DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||
| E | E | |||
| Other de | btors | 5,427 | 11,692 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| E | E | |||||||
| Other creditors | 3,900 | 3,900 | ||||||
| MOVEMENT | IN | FUNDS | ||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.1.22 | in funds | 31.12.22 | ||||||
| E | E | E | ||||||
| Unrestricted | funds | |||||||
| General fund | 3,270,761 | (309,903) | 2,960,858 | |||||
| Revaluation | reserve | 2,718,015 | 2,718,015 | |||||
| 5,988,776 | (309,903) | 5,678,873 | ||||||
| TOTAL FUNDS | 5,988,776 | (309,903) | 5,678,873 | |||||
| Net movement | in funds, included | in the above are as follows: | ||||||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses | in funds | |||||
| f | E | E | E | |||||
| Unrestricted | funds | |||||||
| General fund | 172,067 | (198,519) | (283,451) | (309,903) | ||||
| TOTAL FUNDS | 172,067 | (198,519) | (283,451) | (309,903) | ||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| movement | Ar. | |||||||
| At 1.1.21 | in funds | 31.12.21 | ||||||
| E | E | E | ||||||
| Unrestricted | funds | |||||||
| General fund | 2,984,352 | 286,409 | 3,270,761 | |||||
| Revaluation | reserve | 2,718,015 | 2,718,015 | |||||
| 5,702,367 | 286,409 | 5,988,776 | ||||||
| TOTAL FUNDS | 5,702,367 | 286,409 | 5,988,776 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| E | E | E | E | |||
| Unrestricted | funds | |||||
| Genera | Ifund | 175,579 | (187,291) | 298,121 | 286,409 | |
| TOTAL | FUNDS | 175,579 | (187,291) | 298,121 | 286,409 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| E | E | ||||
| INCOME AND ENDOWMENTS | |||||
| Investment income |
|||||
| Rents received | 106,241 | 109,292 | |||
| Income from listed investments | 65,762 | 66,281 | |||
| Interest receivable | 64 | 6 | |||
| 172,067 | 175,579 | ||||
| Total incoming resources |
172,067 | 175,579 | |||
| EXPENDITURE | |||||
| Charitable activities |
|||||
| Grants to institutions | 53,685 | 27,223 | |||
| Grants to individuals | 85,240 | 80,700 | |||
| 138,925 | 107,923 | ||||
| Support costs | |||||
| Management | |||||
| Insurance | 6,861 | 6,153 | |||
| Sundries | 7,136 | 7,506 | |||
| Repairs and maintenance | 16,131 | 35,060 | |||
| Legal and professional | fees | 3,789 | 4,752 | ||
| Commissions | 11,215 | 11,242 | |||
| Investment management |
fees | 14,462 | 14,655 | ||
| 59,594 | 79,368 | ||||
| Total resources expended | 198,519 | 187,291 | |||
| Net expenditure before |
gains and losses | (26,452) | (11,712) | ||
| Unrealised/realised | recog | gains and losses | |||
| Unrealised/realised | recog | gains and losses | (283,451) | 298,121 | |
| Net (expenditure)/income | (309,903) | 286,409 |
| NET RENTS SCHEDULE | NET RENTS SCHEDULE | 2022 | 2021 | ||
|---|---|---|---|---|---|
| Income | |||||
| Rents and charges received | 106,241 | ||||
| Property | outgoings | ||||
| Repairs &Maintenance | 12,676 | 35,060 | |||
| Insurance | 6,861 | 6,153 | |||
| Commissions | &legal fees | 15,004 | 11,705 | ||
| 34,541 | |||||
| 71,700 |
| Rends Cottages | Meadow | View | The Broadway | Brixton | Road | Total | |||
|---|---|---|---|---|---|---|---|---|---|
| E | E | E | E | E | |||||
| Income | |||||||||
| Rents and charges received | 31,780 | 10,800 | 63,249 | 413 | 106,241 | ||||
| Expenses | |||||||||
| Repairs 8 Maintenance | 10,145 | 1,115 | 1,416 | 12,676 | |||||
| Insurance | 1,848 | 931 | 4,043 | 39 | 6,861 | ||||
| Commissions | 8 legal fees | 4,834 | 1,296 | 8,825 | 50 | 15,004 | |||
| 16,826 | 3,343 | 14,284 | 88 | 34,541 | |||||
| Surplus 2022 | 14,954 | 7,457 | 48,965 | 324 | 71,700 | ||||
| Surplus 2021 | 327 | 9,952 | 42,525 | 3,570 | 56,374 |