| Trustees' mport | |
|---|---|
| Statement ofTrustees' | responsibilltfm |
| Independent auditor's |
report |
| Statmnent offlnandal | activttles |
| Statement offtnanclal | posltlon |
| Notes tothe fina natal | statements |
| Unreslrlcted | gestrlcted | Toed | Unrestricted | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | ||||
| Notes | 5 | 8 | 8 | ||||
| IgggglgRlrna | |||||||
| Donations and | legades | 3 | 42,402 | 42%2 | 175,3$3 | ||
| Chargable activities | 4 | 36,364 | 36364 | 93,1$$ | |||
| Investments | 5 | 297,972 | 297rr72 | 245,359 | |||
| Total Income | 376.738 | 376,738 | 513rN0 | ||||
| RlgN8Sbggga | |||||||
| Raising funds | 6 | 58,738 | |||||
| Charitable acgvtties | 40$,567 | 376,010 | |||||
| Toml mpenditwe | 467,305 | 427,165 | |||||
| Net galas/)losses) | on Investments | 12 | P07,791) | (707.791) | |||
| Net mmmmant | ln fisnds | (798358) | f798,35$) | 93~ | |||
| Fund balances at | 1January 2022 | 9,744,382 | 9,744,382 | 9,650,414 | |||
| Fund balances | et | 31December 2022 | 8,946,024 | 8,946,024 | 9,744&2 |
| 2021 | |||||
|---|---|---|---|---|---|
| pbwd assets Property, plant and equipment |
115,090 | 123~ | |||
| lrwestment properties |
3,730,MO | 3,730,MO | |||
| Irwestments | 4,615.850 | 5~2313 | |||
| 9338,381 | |||||
| Cuwent asurts | |||||
| Trade and other receive bbw | 16 | 44,570 | 40,208 | ||
| lnvasbnellts | 17 | 19688$ | 219.$68 | ||
| Cash at bank and in hand | 277,555 | 179,46$ | |||
| 518,613 | 439,544 | ||||
| Cuwent Oabl$6as | (33,529) | (33543) | |||
| Nat currmn assets | 4$5AI$4 | 406361 | |||
| $,9461I24 | 9,744,382 | ||||
| Income fumh | |||||
| )IOmREI8$ESR83 | |||||
| General un estdctud funds |
7331,847 | 8,130305 | |||
| hsvaluauon mecum |
1,614,177 | 1,614,177 | |||
| $,946,024 | 9,744,382 | ||||
| $,946,024 | 9,744,382 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 8 | 8 | ||||
| Donations | and gifts | 30.393 | 4,620 | ||
| tegades receivable | 12,009 | 170,763 | |||
| 175,383 | |||||
| Charitable | actkddes | ||||
| 2022 | 2021 | ||||
| 6 | |||||
| Perfwmance | related grants | 36,810 | |||
| Income fmm charitable | activities | 36,364 | 56,378 | ||
| 36,364 | 93,188 | ||||
| 2021 | |||||
| 6 | |||||
| Rental income | 130,597 | 114,518 | |||
| Inmme from gated irwestments | 166~ | 130~3 | |||
| Interest receivable | 972 | 458 | |||
| 297.972 | 245,359 |
| 2022 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Costs nfgenerating | rentalincome | 32,677 | 25,163 | |||||
| Inusstment | management | costs | 26,061 | 25,992 | ||||
| 58,738 | 51,155 | |||||||
| 7 | Chargahle | actiufges | ||||||
| 2021 | ||||||||
| 6 | ||||||||
| Staffcosts | 203,774 | 197,307 | ||||||
| Oepredation | 8,398 | 9,331 | ||||||
| Rates | 25,193 | |||||||
| Ught and heat | 8,942 | 6,893 | ||||||
| Repairs and | maintenance | 26,885 | 16,100 | |||||
| Insurance | 34,704 | 30,681 | ||||||
| arche 5 |
41,735 | 47,841 | ||||||
| printing, postage |
and | stationary | 4,859 | 3,823 | ||||
| AduertIslng Foreign auchange |
gain or | loss | 1,828 | 787 ~6 |
||||
| 355,127 | 340~ | |||||||
| Share ofsupport | costs (see note 8) | 14,464 | 20,510 | |||||
| Share ofgovernance | costs (see note 8) | 38,976 | 14,858 | |||||
| 408,567 | 376,010 |
| 8 | Support costs | |||||||
|---|---|---|---|---|---|---|---|---|
| Support | Gowlnmnca | Total | Support | Total | ||||
| costs | costs | |||||||
| 2022 | 2022 | 2022 | 2021 | |||||
| E | E | E | 8 | |||||
| Telephone 0internet | 8,923 | 8,973 | 13,230 | 13,230 | ||||
| Sundry oflice costs | 2,814 | 2,814 | 4,933 | 4,983 | ||||
| Car and travel | 310 | 310 | S48 | |||||
| Bank charges | 647 | 647 | 513 | 513 | ||||
| Health and safety | 1,770 | 1,770 | 1,436 | 1,436 | ||||
| Audit fees | 13.800 | 10,209 | 10,200 | |||||
| Legal and | ||||||||
| professional | 25,176 | 25,176 | 4,658 | 4,658 | ||||
| 38,976 | 20,510 | 35,368 | ||||||
| Ann lysed between | ||||||||
| Charitable acgvltles | 14,464 | 53,440 | 20,510 | 14,858 | 35,368 | |||
| 9 | Audhorb ramuneregon |
|||||||
| The analysis ofauditor's | remuneration | lsas folkrws: | ||||||
| Fees payable tothe Sampan's | audhlm | 2022 | 2021 | |||||
| 5 | E | |||||||
| Audit ofthe company's | annual | acmunts | 13,809 | 10,200 |
| Number ofemployees | ||||
|---|---|---|---|---|
| The average monthly | number ofemployees | during the year was: | ||
| 2022 | 2021 | |||
| Number | Number | |||
| AdministratIve | 10 | 10 | ||
| 2022 | 2021 | |||
| 5 | 5 | |||
| Wages and salaries | 199,157 | 133.022 | ||
| Eoclal security costs | 10879 | 9,191 | ||
| Pension costs | 4,139 | 4,357 | ||
| 203,774 | 196,570 |
| 12 | Net(losses)/gains on investments |
Net(losses)/gains on investments |
|||
|---|---|---|---|---|---|
| Revaluation and net gains |
/(losses) on investments | (707,791) | 677,203 | ||
| Revalutlon ofinvestment | properties | (670,000) | |||
| (707,791) | 7,203 | ||||
| 13 | Property, plant and equipment | ||||
| Land and | Torsi | ||||
| buikgnga | |||||
| Cost | |||||
| Atlianuary 2022 |
39,505 | 236,525 | 276,030 | ||
| At31December 2022 | 39,505 | 236,525 | 276,030 | ||
| Depmdatlon and impairment |
|||||
| At1January 2022 | 152.542 | 152,542 | |||
| Depmdagon charged Inthe year |
8,398 | 8,398 | |||
| At31December 2022 | 160,940 | ||||
| Carrying amount | |||||
| At31December 2022 | 39,505 | 75,585 | 115,090 | ||
| At31December 2021 | 83,983 | ||||
| 14 | fnvestmant properly |
||||
| Pair value | |||||
| At1January 2022 and 31Demmber 2022 |
| Cost ervallmdon | |
|---|---|
| At 1January 2022 | 5,484,893 |
| Additions | 377,773 |
| Valuation changes | P88,338) |
| Dlsposals | (458,478I |
| At31December 2022 | 4,615,850 |
| Carrying anmunt | |
| At31December 2022 | 4,615,850 |
| At31December 2021 | 5,484,093 |
| 16 | laude and | other recehwtdes | other recehwtdes | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Anmunts | faNng due within ona yean | 6 | 6 | |||
| Other mcelvables | 10,672 | 7,919 | ||||
| Prepayments | and accrued Income | 33,898 | 32,289 | |||
| 44,570 | ||||||
| 17 | Osrrent asset | hwestments | ||||
| 2022 | 2021 | |||||
| E | E | |||||
| Other investments | 196,488 | 219,868 | ||||
| 2021 | ||||||
| 6 | ||||||
| Eorruwlngs | 19 | 3,409 | 4,413 | |||
| Other taxation | and sochl security | 644 | 470 | |||
| Other parables | 7,057 | 5,603 | ||||
| Accruals | 22,419 | 23,057 | ||||
| 33.529 | 33,543 |
| go mowings | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 6 | 8 | ||||
| bank overdralts | 4,413 | ||||
| Payable within one year | 4,413 | ||||
| Ann lysb of | net assets between hrnds | ||||
| Unrestricted | Total | Unmstd ated | |||
| 2022 | 2022 | 2021 | |||
| 6 | 6 | ||||
| Fund balances at31Oecember 2022are mpresented | by: | ||||
| Property, plant and equipment | 115,090 | 115,090 | 123,488 | ||
| Investment | pmpertles | 3,730,000 | 3,730,000 | 3,730,000 | |
| Invesbnents | 4,615,850 | 4,615,850 | 5,484.893 | ||
| Current assets/(gabilides) | 485,084 | ||||
| 8,946524 | 8,946,024 | 9,744,382 |