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|||||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|
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||||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|
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|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|
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##
##
|||||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|
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|||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|
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|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|
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##
|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|
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||||||||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|