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|||FOR|THE YEA|R ENDED 31STMA|RCH 2022|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||income|income|2022|2021|
||||Note|fund|fund|Total|Total|
|||||8||f||
|Income:||||||||
|Iacome from charitable activities:||||||||
|Rent and insurance
premiums|receivable|||106,056||106,056|98,363|
|Service charges receivable||||14,032||14,032|9,810|
|Investmeat
income:||||||||
|Dividend
and interest distribution||income||5/22||5@22|4,717|
|Interest received||||8||8|35|
|Other income:||||||||
|Grants receivable||||400||400|600|
|Total iacome||||125,818||125,818|113,525|
|Expenditure|||10.|||||
|Cost ofraising funds:||||||||
|Cost ofcollecting rent and insurance||||6,083||6,083|5,824|
|Property expenses||||41,510||41,510|43,795|
|Expenditure
on charitable|activities:|||||||
|Charitable
activities||||70,962||70,962|58,881|
|Total expenditure||||118,555||118,555|108,500|
|Net income before transfers||||7,263||7,263|5,025|
|Transfers
between funds||||(9)||||
|Net income before recognised||gaias/(losses)||7,254|9|7,263|5,025|
|Other recognised
gains/(losses)||||||||
|Gains/(losses)
on revaluation|ofinvestments|||5,884|(9)|5,875|17,612|
|Net movemeat
in funds for|the year|||13,138||13,138|22,637|
|Reconciliatioa
offuads||||||||
|Total funds brought
forward||||391,774|651|392,425|369,788|
|Total fuads carried forward|||12.|404,912|651|405,563|392,425|
##
|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
||Note|fund|fund|2022|2021|
|Fixed assets||||||
|Tangible assets|4.|70,000||70,000|70,000|
|Investments|5.|115,656|181|115,837|109,962|
|Total fixed assets||1$5,656|181|185,837|179,962|
|Curreat assets||||||
|Debtors||41,656||41,656|33,047|
|Short term deposits||75,698||75,698|75,690|
|Cash at bank||184,941|470|185,411|186,617|
|Total current assets||302895|470|302,765|295,354|
|Current
liabiTities||||||
|Creditors:||||||
|Amounts
falling due within one year||($3,039)||(83,039)|(82,891)|
|Net current assets||219,256|470|219,726|212,463|
|Net assets||404,912|651|405,563|392,425|
|The funds ofthe charity:|12.|||||
|Unrestricted
funds||404,912||404,912|391,774|
|Restricted funds|||651|651|651|
|||404,912|651|405,563|392,425|
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|5.|Fixed Asset Investments|||At Market|At Market|
|---|---|---|---|---|---|
|||||Value|Value|
|||||2022|2021|
||||||f|
||Balance brought
forward|||109,962|92,350|
||Gains/(losses)
on revaluation||ofinvestments|5,875|17,612|
||Balance carried forward|||115,837|109,962|
||Investments
consist ofthe|following:||||
||Quoted investments|||5||
||7,677.50|Units BLKCharities UK Bond||13,256|14,372|
||6,481.00|Units M&G Charifund||102,400|95,400|
||58.66|Units BLKCharities UK Bond||101|110|
||Other investments|||||
||Charities deposit fund|||80|80|
|||||115,837|109,962|
||Historical cost at 31stMarch|||23,145|23,145|
##
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|Com
aratives for the Statement ofFinancial Activities|Com
aratives for the Statement ofFinancial Activities|Com
aratives for the Statement ofFinancial Activities||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted||
||||income|income|2021|
||||fund|fundf|Total
f.|
|Income:||||||
|Income from charitable
activities:||||||
|Rent and insurance
premiums|receivable||98,363||98,363|
|Service charges receivable|||9,810||9,810|
|Investmeat
iacomet||||||
|Dividend
snd interest distribution||income|4,717||4,717|
|Interest received|||35||35|
|Other iacome:||||||
|Grants receivable|||600||600|
|Totalincome|||113,525||113,525|
|Expenditure||||||
|Cost ofraising funds:||||||
|Cost ofcollecting
rent and insurance|||5,824||5,824|
|Property
expenses|||43,795||43,795|
|Expenditure
oa charitable|activities:|||||
|Charitable
activities|||58,881||58,881|
|Total expenditure|||108,500||108,500|
|Net income before transfers|||5,025||5,025|
|Transfers
between funds|||(3)|||
|Net iacome before recognised||(losses)|5,022||5,025|
|Other recognised
(losses)||||||
|(Losses) on revaluation ofinvestments|||17,615|(3)|17,612|
|Net movement
in funds for|the|year|22,637||22,637|
|Reconciliation
offunds||||||
|Total funds brought
forward|||369,137|651|369,788|
|Total funds carried forward|||391,774|651|392,425|
##
|7.|Debtors||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||Messrs John Shilcocks - Rent account, net|||||rents held|||19380|18,124|
||Messrs John Shilcocks - Service|||charge account|||||4@35|3,652|
||Rent in arrears||||||||8375|3,125|
||Insurance
in arrears||||||||705|585|
||Service charges in arrears||||||||2,000|300|
||Rands Educational
Foundation||donations|||receivable|||400|800|
||Rent deposits held||||||||6346|6,346|
||Interest distributions
receivable||||||||115|115|
||||||||||41,656|33,047|
|8.|Creditors||||||||2022|2021|
||Section 23 grants approved
but||unpaid||||||46/00|46,100|
||Rents received in advance||||||||21,938|20,688|
||Accrual for rent collection fees||||||||920|904|
||Accrual for Clerk's honorarium||||||||3,507|5,745|
||Accrual for office expenses||||||||600|600|
||Accrual for legal and professional|||fees|||||1,020|420|
||Accrual for accountancy
fees||||||||2,190|2,088|
||Accrual for repairs and maintenance||||costs||||218||
||Rent deposits due to tenants||||||||6,346|6,346|
||||||||||83,039|82,891|
|9.|Income||||||Unrestricted||||
||||||||Iacome|Restricted|2022|2021|
||||||||Funds|Funds|Total|Total|
|||||||||f|f||
||Rent and insurance
premiums|receivable (see below)|||||106)056||106,056|98,363|
||Service charges receivable (see||below)||||14,032||14,032|9,810|
||Dividend
and interest distribution|||income||(see below)|5@22||5,322|4,717|
||Interest received||||||8||8|35|
||Grants receivable||||||400||400|600|
||||||||125,818||125,818|113,525|
||||||||||2022f|2021f|
||Rent and insurance
premiums|||receivable|||||||
||Old School Block, 20 Bancrott,|||Hitchin|||||42,461|42,947|
||20 and 21 Bancroft, Hitchin||||||||63&595|55,416|
||||||||||106,056|98,363|
||Service charges receivable||||||||||
||20 and 21 Bancrott, Hitchin||||||||14,032|9,810|
||Income from investments||||||||||
||Dividends
from MAG Charifund||||||||4,861|4,180|
||Interest distributions
from BLK|||Charities||UK Bond|||461|537|
||||||||||5/22|4,717|
##
##
##
##
||||||FOR THE YEA|R ENDED|31STM|ARCH 2022|||
|---|---|---|---|---|---|---|---|---|---|---|
|E~Ch|||||||||2022|2021|
|Costs ofraising funds:|||||||||||
|Cost ofcollecting rent and|||insurance||premiums||||6,083|5,824|
|Property expenses:|||||||||||
|Property insurance
premiums||||payable|||||8,003|7,559|
|Service charge costs|||||||||14,032|9,810|
|General maintenance|||||||||13,201|11,710|
|Legal and professional|fees||||||||3,948|12,789|
|Cost ofutilities|||||||||2326|1,927|
||||||||||41,510|43,795|
|Expenditure
on charitable||||activities:|||||||
|Grants approved
under|s23||(see below)||||||46,800|45,800|
|Grants approved
under|s24 (see below)||||||||17,167|10,234|
|Refunds received under|s24|||(see below)||||||(4,720)|
|Trustees insurance
premiums|||||||||554|489|
|Clerks honorarium|||||||||3,507|4,376|
|Office costs|||||||||744|494|
|Accountancy
fees|||||||||2,190|2,208|
||||||||||70,962|58,881|
|Grants approved
under||section 23|||(per above)||||||
|Hertfordshire
Educational|||Foundation||||||300|300|
|North Herts Educational||Support Care|||||||1,500|500|
|Hitchin Girls' School|||||||||15,000|15,000|
|Hitchin Boys' School|||||||||15,000|15,000|
|The Priory School|||||||||15,000|15,000|
||||||||||46,800|45,800|
|||||||Hitchin|Girls'|Hitchia Boys'|The Priory||
|||||||Scbool||School|School||
|||||||f|||||
|Balance brought
forward||at||1st April|2021||15,000|15,000|15,000||
|Grants approved
for the year||||||10,000||10,000|10,000||
|Special grants - Support||for||pupil pastoral/counselling|||5,000|5,000|5,000||
|||||||30,000||30,000|30,000||
|Less: Grants paid in the year||||||(15,000)||(15,000)|(15,000)||
|Balance carried forward||at|31stMarch 2022||||15,000|15,000|15,000||
||||||||||2022|2021|
|Grants approved
under section 24
Grants paid
Grant refunds
received under s24|||||(per above)||||17,167|10,234
~4.720|
||||||||||17,167|5,514|
##
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|||||Balances||||Transfer|Balances|
|---|---|---|---|---|---|---|---|---|---|
|||||1stApril|||Investment|between|31stMarch|
|||||2021|Income|Expenditure|gains/(losses)|funds|2022f|
|Unrestricted||Funds:||||||||
|General||||387,640|111,786|(104,523)|5,884|(50,009)|350,778|
|Designated|-|services||4,134|14,032|(14,032)|||4,134|
|Designated|-|roof||||||50,000|50,000|
|||||391,774|125,818|(118,555)|5,884|(9)|404,912|
|Restricted Funds:||||||||||
|CJ Widdows'||Fund||476|||(9)|9|476|
|Dawson Memorial|||Fund|175|||||175|
|||||651|||9)|9|651|
|Total Funds||||392,425|125,818|(118,555)|5,875||405,563|
|||||Balances||||Transfer|Balances|
|||||1stApril|||Investment|between|31st March|
|||||2020|Income
f|Expenditure|gains/(losses)|funds
f|2021
f,|
|Unrestricted||Funds:||||||||
|General||||365,003|103,715|(98,690)|17,615|(3)|387,640|
|Designated||||4,134|9,810|9,810)|||4,134|
|||||369,137|113,525|(108,500)|17,615|(3)|391,774|
|Restricted|Funds:|||||||||
|CJWiddows'||Fund||476|||(3)||476|
|Dawson Memorial|||Fund|175|||||175|
|||||651|||||651|
|Total Funds||||369,788|113,525|(108,500)|17,612||392,425|
##
##
|Anal
sis of||Assets|and Li|abilities to Fun|ds|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Other||Net assets|
|||||Fixed|assets:||current|Current|31st March|
|||||Properties
f|Investments
f|Bank|assets
f|liabilities
f|2022f|
|Unrestricted||Funds:||||||||
|General||||70,000|115,656|206,505|41,656|(83,039)|350,778|
|Designated|-|services||||4,134|||4,134|
|Designated|-|roof||||50,000|||50,000|
|Restricted Funds:||||||||||
|CIWiddows'||Fund|||101|375|||476|
|Dawson Memorial|||Fund||80|95|||175|
|||||70,000|115,837|261,109|41,656|83,039)|405,563|
||||||||Other||Net assets|
|||||Fixed|assets:||current|Current|31st March|
|||||Properties|Investments|Bank|assets|liabilities|2021|
|||||f|f|||f||
|Unrestricted||Funds:||||||||
|General||||70,000|109,772|257,712|33,047|(82,891)|387,640|
|Designated||||||4,134|||4,134|
|Restricted Funds:||||||||||
|CIWiddows'||Fund|||110|366|||476|
|Dawson
Memorial|||Fund||80|95|||175|
|||||70,000|109,962|262,307|33,047|(82,891)|392,425|