## ## |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| ##