| CONTENTS | |
|---|---|
| Page | |
| Reference and administrative details of the charity, its trustees and advisers | 1 |
| Trustees' report | 2-5 |
| Independent examiner's report | 6-7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10-15 |
| The following pages do not form part of the statutory financial statements: | |
| Detailed income and expenditure account and summaries | 16-17 |
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| % | % | % | % | % | |
| Charity's Return (Income + growth) Investment Benchmarks |
-8.00 | 15.00 | 9.00 | 19.90 | 2.30 |
| Average Bank Base Rate | 1.41 | 0.10 | 0.10 | 0.75 | 0.60 |
| Retail Price Index | 13.40 | 6.30 | 0.80 | 2.00 | 2.70 |
| FT-SE Capital Growth | 18.39 | 14.34 | -11.55 | 17.30 | -12.90 |
| Unrestricted Endowment | Total Total | ||
|---|---|---|---|
| funds funds | funds funds | ||
| 2022 2022 | 2022 2021 | ||
| Note £ £ | £ £ | ||
| INCOME AND ENDOWMENTS FROM: | |||
| Investments | 2 | 137,565 | 137,565 133,842 |
| TOTAL INCOME AND ENDOWMENTS | 137,565 | 137,565 133,842 | |
| EXPENDITURE ON: | |||
| Charitable activities | 4 | 137,565 | 137,565 133,841 |
| TOTAL EXPENDITURE | 5 | 137,565 | 137,565 133,841 |
| NET INCOME BEFORE INVESTMENT | |||
| GAINS/(LOSSES) Net gains/(losses) on investments |
8 | 1 (450,476) (450,476) 554,787 |
|
| NET INCOME / (EXPENDITURE) BEFORE OTHER RECOGNISED GAINS AND |
|||
| LOSSES | (450,476) (450,476) 554,788 |
||
| NET MOVEMENT IN FUNDS | (450,476) (450,476) 554,788 |
||
| RECONCILIATION OF FUNDS: | |||
| Total funds brought forward | 2,000 4,980,482 4,982,482 4,427,694 | ||
| TOTAL FUNDS CARRIED FORWARD | 2,000 4,530,006 4,532,006 4,982,482 |
| INVESTMENT INCOME | |||
|---|---|---|---|
| Unrestricted Endowment | Total | Total | |
| funds funds | funds | funds | |
| 2022 2022 £ £ |
2022 £ |
2021£ | |
| Rental Income Listed Investment Income Interest received |
15,496 122,041 28 |
15,496 122,041 28 |
15,601 118,218 23 |
| 137,565 | 137,565 | 133,842 | |
| Total 2021 | 133,842 | 133,842 |
| RECT COSTS | |||
|---|---|---|---|
| Total | Total | ||
| Activities£ | 2022£ | 2021£ | |
| Clerk's Honorarium Insurance |
1,900 391 |
1,900 391 |
1,900 393 |
| Repairs and maintenance | 400 | ||
| 2,291 | 2,291 | 2,693 | |
| Total 2021 | 2,693 | 2,693 |
| GOVERNANCE COSTS | |||
|---|---|---|---|
| Unrestricted Endowment | Total | Total | |
| funds funds | funds | funds | |
| 2022 2022 £ £ |
2022 £ |
2021£ | |
| Independent Examiner's Fee | 914 | 914 | 887 |
| Other costs | Total | Total | |
|---|---|---|---|
| 2022 £ |
2022 £ |
2021£ | |
| Scheme Distributions and Direct Costs Governance Costs |
136,651 914 |
136,651 914 |
132,955 886 |
| 137,565 | 137,565 | 133,841 | |
| Total 2021 | 133,841 | 133,841 |
| OPERTY INVESTMENTS | |
|---|---|
| Freehold | |
| property | |
| £ | |
| Valuation | |
| At 1 January 2022 and 31 December 2022 | 565,000 |
| Depreciation | |
| At 1 January 2022 and 31 December 2022 | |
| Net book value | |
| At 31 December 2022 | 565,000 |
| At 31 December 2021 | 565,000 |
| 2022£ | 2021£ | |
|---|---|---|
| School Farm Land - 65 acres Town Holt, West-1 acre Waterbeach Access Road off Cambridge Road, Waterbeach |
525,000 15,000 25,000 |
525,000 15,000 25,000 |
| Total | 565,000 | 565,000 |
| UITf INVESTMENTS | |
|---|---|
| Listed | |
| securities | |
| Market value | |
| Ati January 2022 Revaluations |
4,415,482 (450,476) |
| At 31 December 2022 | 3,965,006 |
| Material investments | ||
|---|---|---|
| CBF - Property Fund CBF - Investment Fund |
355,241 3,609,765 |
326,510 4,088,972 |
| 3,965,006 | 4,415,482 |
| EBTORS | ||
|---|---|---|
| 2022£ | 2021£ | |
| Other debtors Prepayments and accrued income |
4,583 99 |
4,583 98 |
| 4,682 | 4,681 | |
| REDITORS: Amounts falling due within one year | ||
| 2022£ | 2021£ | |
| Other creditors Accruals and deferred income |
4,687 | 35,26^ 6,587 |
| 4,687 | 41,848 |
| Balance at | |||
|---|---|---|---|
| Balance at | 31 | ||
| 1 January | Gains/ December | ||
| 2022£ | Income Expenditure £ £ |
(Losses) 2022 £ £ |
|
| General funds Endowment funds |
2,000 4,980,482 |
137,565 (137,565) | 2,000 (450,476) 4,530,006 |
| 4,982,482 | 137,565 (137,565) (450,476) 4,532,006 |
| Balance at | |||
|---|---|---|---|
| Balance at | 31 | ||
| 1 January | Gains/ December | ||
| 2021£ | Income Expenditure £ £ |
(Losses) 2021 £ £ |
|
| General funds Endowment funds |
2,000 4,425,694 |
133,842 (133,842) | 2,000 554,787 4,980,481 |
| 4,427,694 | 133,842 (133,842) | 554,787 4,982,481 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| £ | £ | |||
| CHARITY INCOME | ||||
| Rent - School Farm Land 64a Rent - Town Holt - 1.2a Wayleave -14 Cambridge Road CBF - Property Fund Dividend CBF - Investment Fund Dividend Nationwide Building Society Interest National Rail |
15,100 100 1 14,601 107,440 28 295 |
15,100 100 1 14,309 103,908 23 400 |
||
| TOTAL CHARITY INCOME | 137,565 | 133,841 | ||
| LESS: MANAGEMENT AND | ||||
| ADMINISTRATION OVERHEADS | ||||
| Clerk's Honorarium Insurance Repairs and maintenance Independent Examiners' Remuneration |
1,900 392 914 |
1,900 393 400 886 |
||
| TOTAL MANAGEMENT AND | ||||
| ADMINISTRATION OVERHEADS | 3,206 | 3,579 | ||
| NET INCOME FROM CHARITABLE | ||||
| SOURCES | 134,359 | 130,262 |
| Scheme Distributions | 2022£ | 2021£ | ||
|---|---|---|---|---|
| Ely Diocesan Board of Education | ||||
| Opening deferred grant Opening provision for quarter 4 2021 - Quarter 4 2022-Quarter 1 Quarter 2 Quarter 3 Quarter 4 Closing deferred grant |
2,612 (20,099) 20,099 18,810 18,810 21,090 17,875 (2,612) |
2,612 (18,968) 18,969 ^7,670 18,810 17,670 20,099 (2,612) |
||
| Waterbeach Ecclesiastical Charity | 76,585 | 74,250 | ||
| Opening deferred grant Opening provision for quarter 4 2021 - Quarter 4 2022 - Quarter 1 Quarter 2 Quarter 3 Quarter 4 Closing deferred grant |
1,123 (8,639) 8,639 8,085 8,085 9,065 7,683 (1,123) |
1,123 (8,153) 8,153 7,595 8,085 7,595 8,639 (1,123) |
||
| Waterbeach United Charaties | 32,918 | 31,914 | ||
| Opening deferred grant Opening provision for quarter 4 2021 - Quarter 4 2022 - Quarter 1 Quarter 2 Quarter 3 Quarter 4 Closing deferred grant |
848 (6,524) 6,523 6,105 6,105 6,845 5,802 (848) |
848 (6,157) 6,156 5,735 6,105 5,735 6,524 (848) |
||
| 24,856 | 24,098 |