| Pages | ||
|---|---|---|
| Trustees' | annual report | 1to 3 |
| Independent auditor's report to the members |
4to 7 | |
| Statement | offinancial activities | |
| Statement | of financial position | |
| Statement | ofcash flows | 10 |
| Notes to | the financial statements | 11to 19 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | K | ||||||
| Income and endowments Donations and legacies Investtnent income Other income |
4 5 6 |
1,171,956 100,455 3,807 |
68,293 | 1,240,249 100,455 3,807 |
1,150,383 90,742 107,508 |
||
| Total income | 1,276,218 | 68,293 | 1,344&511 | 1,348,633 | |||
| Expenditure | |||||||
| Expenditure on raising funds: Investment management costs Expenditure on charitable activities |
7 8,9 |
(10,693) (1,207,968) |
(138,597) | (10,693) (1,346,565) |
(20,323) (1,237,117) |
||
| Total expenditure | (1,218,661) | (138,597) | (1,357,258) | (1,257,440) | |||
| Net (expenditure)/income movement in funds |
and net | 57,557 | (70,304) | (12,747) | 91,193 | ||
| Reconciliation offunds Total funds brought forward |
1,028,135 | 4,146,434 | 5,174,569 | 5,083,376 | |||
| Total funds carried forward | 1,085,692 | 4,076,130 | 5,161,822 | 5,174,569 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Note | ||||||
| Fixed assets | ||||||
| Tangible fixed assets | 14 | 2,271,241 | 2,369,098 | |||
| investments | 15 | 2,550,000 | 2,550,000 | |||
| 4,821,241 | 4,919,098 | |||||
| Current assets | ||||||
| Debtors | 16 | 5,128 | 15,758 | |||
| Cash at bank | and in hand | 388,094 | 300,907 | |||
| 393,222 | 316,665 | |||||
| Creditors: amounts | falling due within one year | 17 | (23,458) | (28,550) | ||
| Net current | assets | 369,764 | 288,115 | |||
| Total assets | less current liabilities | 5,191,005 | 5,207,213 | |||
| Creditors: amounts | falling due after more than | |||||
| one year | 18 | (29,183) | (32,644) | |||
| Net assets | 5,161,822 | 5,174,569 | ||||
| Funds ofthe | charity | |||||
| Restricted funds | 4,076)130 | 4,146,434 | ||||
| Unrestricted | funds | 1,085)692 | 1,028,135 | |||
| Total charity | funds | 19 | 5,161,822 | 5,174,569 |
| YEAREN | DED 31 MARCH | 2022 | |
|---|---|---|---|
| 2022 | 2021 | ||
| g | |||
| Cash flows from operating activities Net (expenditure)/income |
(12,747) | 91,193 | |
| Ajdustments for: Depreciation oftangible fixed assets Dividends, interest and rents from investments Other interest receivable and similar income |
100,407 (98,740) (1,715) |
104,229 (89,565) (1,177) |
|
| Accrued income | (7,560) | ||
| Changes in: Trade and other debtors Trade and other creditors |
10,630 2,468 |
7,107 382 |
|
| Cash generated from operations |
(7,257) | 112,169 | |
| Interest received | 1,715 | 1,177 | |
| Net cash (used in)/from operating activities |
(5&542) | 113,346 | |
| Cash flows from investing activities Dividends, interest and rents from investments Purchase oftangible assets |
98,740 (2,550) |
89,565 | |
| Net cash from investing activities |
96,190 | 89,565 | |
| Cash flows from financing activities Proceeds from borrowings |
(3,461) | (32,563) | |
| Net cash used in financing activities |
(3&461) | (32,563) | |
| Net increase in cash and cash equivalents Cash and cash equivalents at beginning |
ofyear | 87,187 300,907 |
170,348 130,559 |
| Cash and cash equivalents at end ofyear |
388,094 | 300,907 |
| DONATIO | NS AND LEGACIES |
|||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| Donations Voluntary Donations |
Contributions | 1,033,889 138,067 |
1,033,889 138,067 |
|
| Grants Grants |
68,293 | 68,293 | ||
| 1,171,956 | 68,293 | 1,240,249 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| 8 | ||||
| Donations Voluntary Donations |
Contributions | 1,013,509 88,929 |
1 013509 88,929 |
|
| Grants Grants |
47,945 | 47,945 | ||
| 1,102,438 | 47,945 | 1,150,383 |
| INVESTMENT INCO | ME | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| Income from investment Bank interest receivable |
properties | 98,740 1,715 |
98,740 1,715 |
89,565 1,177 |
89,565 1,177 |
| 100,455 | 100,455 | 90,742 | 90,742 |
| 6. | OTHER IN | COME | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| g | ||||||||
| Coronavirus | Job Retention | Scheme | 3,807 | 3,807 | 107,508 | 107,508 | ||
| 7. | INVESTMENT MANAGEMENT | COSTS | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2022 | Funds | 2021 | |||||
| Investment Interest and Repairs |
management fees similar charges |
3,950 3,376 3,367 |
3,950 3,376 3,367 |
4,886 3,509 11,928 |
4,886 3,509 11,928 |
|||
| 10,693 | 10,693 | 20,323 | 20,323 | |||||
| 8. | EXPENDITURE ON | CHARITABLE ACTIVITIES BYFUND TYPE |
| EXPENDITURE ON CHARITA | BLE ACTIVI | TIES BYFUND TY | PE | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| 8 | ||||
| Provision ofsecular and religious Support costs |
education | 1,189,857 18,111 |
138,597 | 1,328,454 18,111 |
| 1,207,968 | 138,597 | 1,346,565 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| 8 | ||||
| Provision ofsecular and religious Support costs |
education | 1,098,490 19,120 |
119,507 | 1,217,997 19,120 |
| 1,117,610 | 119,507 | 1,237,117 |
| EXPENDIT | URE ON CH | ARITABLE | ACTIVITIE | S BYACTIVI | TY TYPE | |
|---|---|---|---|---|---|---|
| Activities | ||||||
| undertaken directly |
Grant funding ofactivities |
Support costs | Total funds 2022 |
Total fund 2021 |
||
| f. | ||||||
| Provision of | secular and | |||||
| religious education Governance costs |
1,185,954 | 142,500 | 2,594 15,517 |
1,331,048 15,517 |
1,220,152 16,965 |
|
| 1,185,954 | 142,500 | 18,111 | 1,346,565 | 1,237,117 |
| 10. | NET (EXPENDITURE) | /I | NCOME | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net (expenditure)/income | is stated | after charging/(crediting): | 2022 | 2021 | |||||
| Depreciation oftangible | fixed assets | 100,407 | 104,229 | ||||||
| 11. | AUDITORS REMUNERATION | ||||||||
| 2022 | 2021 | ||||||||
| 8 | f | ||||||||
| Fees payable for the audit | ofthe financial | statements | 6,545 | 7,080 | |||||
| 12. | STAFF COSTS | ||||||||
| The total staff costs and | employee | benefits | for | the reporting | period are analysed as follows: 2022 2021 |
||||
| Wages and salaries Social security costs Employer contributions |
to pension | plans | 817,972 57,246 19,631 |
834,819 57,053 14,443 |
|||||
| 894&849 | 906,315 | ||||||||
| The average number of | employees | during | the | year is analysed as follows: | 2022 | 2021 | |||
| No. | No. | ||||||||
| Number ofstaff | 55 | 50 | |||||||
| The number ofemployees | whose | remuneration | for the year | fell within the | following 2022 |
bands, were; 2021 |
|||
| Ne. | Nc. | ||||||||
| f60,000to f69,999 | 1 | 1 |
| 14. | YEAR ENDED 31 TANGIBLE FIXEDASSETS |
MARCH 2022 | ||
|---|---|---|---|---|
| Land and | Fixtures and | |||
| buildings | fittings | Total | ||
| 8 | ||||
| Cost At 1April 2021 Additions |
3 173404 | 921,871 2,550 |
4,095,275 2,550 |
|
| At 31March 2022 | 3,173,404 | 924,421 | 4,097,825 | |
| Depreciation At I April 2021 Charge for the year |
1,171,150 63,468 |
555,027 36,939 |
I 726 177 100&407 |
|
| At 31March 2022 | 1,234,618 | 591,966 | 1,826,584 | |
| Carrying amount At 31March 2022 |
1,938,786 | 332,455 | 2,271,241 | |
| At 31March 2021 | 2,002,254 | 366,844 | 2,369,098 | |
| 15. | INVESTMENTS | |||
| Investment | ||||
| properties | ||||
| Fair value At IApril 2021 and 31March 2022 |
2,550,000 | |||
| Carrying amount At 31March 2022 |
2,550)000 | |||
| At 31March 2021 | 2,550,000 |
| 16. | DEBTORS | YEARENDED 31 MARCH 2022 | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Income tax recoverable | 5,128 | 8,082 | ||
| Other debtors | 7,676 | |||
| 5,128 | 15,758 | |||
| 17. | CREDITORS: amounts | falling due within one year | ||
| 2022 | 2021 | |||
| Accruals and deferred income | 6,600 | 14,160 | ||
| Social security and other | taxes | 16,858 | 14,390 | |
| 23&458 | 28,550 | |||
| 18. | CREDITORS: amounts | falling due after more than one year | ||
| 2022 | 2021 | |||
| f, | s | |||
| Bank loans and overdraits | 29,183 | 32,644 |
| ANALYSIS Unrestricted |
OF CHARITAB funds |
LE FUNDS | |||
|---|---|---|---|---|---|
| At | At 31March | ||||
| 1 April 2021 | Income | Expenditure | 2022 8 |
||
| General funds | 1,028, 135 | 1,276,218 | (7,278,66&& | 1,888,692 | |
| At | At 31March | ||||
| I April 2020 | Income | Expenditure | 2021 | ||
| f. | |||||
| General funds | 865,380 | 1,300,688 | (1,137,933) | 1,028,135 |
| ANALYSIS OF CHARITA Restrictedfunds |
BLE FUNDS iconiinneds | |||
|---|---|---|---|---|
| At | At 31March | |||
| I April 2021 | Income | Expenditure | 2022 | |
| Building Fund | 4,146,434 | 68,293 | (138,597) | 4,076,130 |
| At | At 31March | |||
| I April 2020 | Income | Expenditure | 2021 | |
| Building Fund | 4,217,996 | 47,945 | (119,507) | 4,146,434 |
| At | ||||
|---|---|---|---|---|
| At I Apr 2021 | Cash flows | 31Mar 2022 | ||
| Cash | at bank and in hand | 300,907 | 87,187 | 388,094 |
| Debt | due after one year | (32,644) | 3,461 | (29,183) |
| 268,263 | 90,648 | 358,911 |