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|Reference and Administrative|Reference and Administrative|Details||
|---|---|---|---|
|Trustees' Report|||2to4|
|Independent
Auditors'|Report||5to7|
|Statement ofFinancial|Activities|||
|Balance Sheet||||
|Notes to the Financial|Statements||10to 24|
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|Chairman|||Mrs P H Connolly||||
|---|---|---|---|---|---|---|
|Secretary|||D Harding||||
|Principal Office|||Stonehenge||||
||||13Laton Road||||
||||Hastings||||
||||East Sussex||||
||||TN34 2ES||||
|Cbarity Registration||Number|313577||||
|Investment|Manager||CCLA investment|Management||Ltd|
||||Senator House||||
||||85 Queen Victoria|Street|||
||||London||||
||||EC4V4ET||||
|Bankers|||HSBC Bank PLC||||
||||4 Robertson Street||||
||||Hastings||||
||||East Sussex||||
||||TN34 IHW||||
|Accountants|and Independent||Manningtons||||
|Auditors|||Chartered
Accountants||||
||||39High Street||||
||||Battle||||
||||East Sussex||||
||||TN33 OEE||||
|Solicitors|||Heringtons||||
||||5-6 Albert Road||||
||||Hastings||||
||||East Sussex||||
||||TN34 IQT||||
|Trustees|||Mrs P H Connolly||||
||||D Harding||||
||||M H Comes||||
||||Mrs CSDeacon||||
||||M JGratton (appointed||18October 2022)||
||||M L Holgate||||
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|An analysis ofthe grants payable|by the Foundat|ion
this year show|s:||
|---|---|---|---|---|
|Classification|No.|Amount
(K)|ay||
|Education||19,600||13.2|
|Culture
and Recreation||15,500||10.4|
|Health|22|59,450||40.0|
|Social Services|14|46,000||30.9|
|Religion||5,250||3.5|
|Environinent||3,000||2.0|
||55|148,800||100.0|
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|2023|
||||Note|||
|Income and Endowments||from:||||
|Charitable
activities||||31,308|31,308|
|investment
income||||279,728|279,728|
|Total Income||||311,036|311,036|
|Expenditure
on:||||||
|Charitable
activities|||4|(188,770)|(188,770)|
|Other expenditure|||5, 6|(31,185)|(31,185)|
|Governance
costs|||6|(5,550)|(5,550)|
|Total Expenditure||||225,505)|(225,505)|
|Gains/losses
on investment||assets||(583,063)|(583,063)|
|Net movement
in funds||||(497,532)|(497,532)|
|Reconciliation offunds||||||
|Total funds brought|forward|||9,639,661|9,639,661|
|Total funds carried|forward||17|9,142,129|9,142,129|
|||||Unrestricted|Total|
|||||funds|2022|
||||Note|||
|Income and Endowments||from:||||
|Charitable
activities||||27,064|27,064|
|Investment
income||||270,629|270,629|
|Total Income||||297,693|297,693|
|Expenditure
on:||||||
|Charitable
activities|||4|(259,348)|(259,348)|
|Other expenditure|||5, 6|(26,652)|(26,652)|
|Governance
costs|||6|(5,100)|5,100)|
|Total Expenditure||||(291,100)|291,100|
|Gains/losses
on investment||assets||902,396|902,396|
|Net movement
in funds||||908,989|908,989|
|Reconciliation
offunds||||||
|Total funds brought|forward|||8,730,672|8,730,672|
|Total funds carried|forward||17|9,639,661|9,639,661|
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|||Balance Sheet as a|t 5April 2023|||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|||
|Fixed assets||||||
|Tangible assets|||11|27,400|27,400|
|Investments|||12|8,839,067|9,422,130|
|||||8,866,467|9,449,530|
|Current
assets||||||
|Debtors|||13|1,475|2,346|
|Cash at bank|and in hand||14|283,755|194,703|
|||||285,230|197,049|
|Creditors: Amounts||falling due within one year|15|(9,568)|(6,918)|
|Net current|assets|||275,662|190,131|
|Net assets||||9,142,129|9,639,661|
|Funds ofthe|charity:|||||
|Unrestricted|income|funds||||
|Unrestricted|funds|||9,142,129|9,639,661|
|Total funds|||17|9,142,129|9,639,661|
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||||Unrestricted|funds||||
|---|---|---|---|---|---|---|---|
|||||Auxiliary||Total|Total|
||||General Fund|Fund||2023|2022|
|Provision|ofresidential|||||||
|accommodation|||31,308|||31,308|27,064|
|Investment||income||||||
||||Unrestricted|funds||||
|||||Auxiliary||Total|Total|
||||General Fund|Fund||2023|2022|
|Dividends|and|interest receivable||||||
|from listed|investments||264,956|10,114||275,070|270,487|
|Interest receivable on bank||||||||
|deposits|||3,756||902|4,658|142|
||||268,712|]|1,016|279,728|270,629|
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|4
Expenditure
on charitable|activities||||
|---|---|---|---|---|
||Unrestricted|funds|Total|Total|
|||Auxiliary|||
||General Fund|Fund|2023|2022|
|Grant making|148,800||148,800|234,050|
|Provision ofresidential|||||
|aceomodation|39,970||39,970|25,298|
||188,770||188,770|259,348|
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||Total|Total|
|---|---|---|
||2023|2022|
|Rates and water||756|
|Insurance|1,991|1,473|
|Light and heat|15,888|7,236|
|Cleaning|2,050|2, 100|
|Repairs and maintenance|7,075|4,905|
|Garden expenses|8,735|5,186|
|Agents fees and commission|3,381|3,169|
|Bad debts|850|473|
||39,970|25,298|
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|||Unrestricted|funds|||
|---|---|---|---|---|---|
||||Auxiliary|Total|Total|
|||General Fund|Fund|2023|2022|
|Support|costs|30,180|1,005|31,185|26,652|
|||30,180|1,005|31,185|26,652|
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|Support|costs|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|funds|||
||||||||Auxiliary|Total|Total|
||||||Genera|I Fund|Fund|2023|2022|
|||||||||f.||
|Trustees remuneration||||||20,952||20,952|20,952|
|Rates and|water|||||570||570|351|
|Insurance||||||336||336|358|
|Light and|heat|||||967||967|345|
|Cleaning||||||492||492|472|
|Printing,
stationery||and postage||||353||353|144|
|Telephone||||||474||474|426|
|Computer|costs|||||230||230|264|
|Accountancy||||||3,324||3,324|2,520|
|Bank charges||||||54||59|113|
|Sundry expenses||||||500||500|707|
|Trustees dinners||||||882||882||
|Purchase|ofcomputer||equipment|||2,046||2,046||
|Contribution
from||Auxiliary||Fund||||||
|to General|Fund|||||(1,000)|1,000|||
|||||||30,180|1,005|31,185|26,652|
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|Governance
costs||||||
|---|---|---|---|---|---|
|||Unrestricted|funds|||
||||Auxiliary|Total|Total|
|||General Fund|Fund|2023|2022|
|Audit fees||||||
|Audit ofthe financial|statements|5,520||5,520|5,100|
|Legal fees||30||30||
|||5,550||5,550|5,100|
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|Analysis ofgrants|||||
|---|---|---|---|---|
||||Grants to|Grants to|
||||institutions|individuals|
|Analysis|||||
|General Fund|||138,800|10,000|
|The grants payable
during the year were as follows;|||||
|Education|||||
|Villiers Park Educational|Trust||2,500||
|Hastings
Storytelling
Festival|||2,100||
|Sacred Heart Catholic Primary||School|3,000||
|National
Literary Trust|||2,000||
|Grants to 5 individuals|||10,000|19,600|
|Culture and Recreation|||||
|International
Composers|Festival||500||
|Hastings
Litfest|||1,500||
|Hastings
and StLeonards|Sailing Club||3,000||
|Hastings
Music Festival|||2,500||
|London Mozart Players|||3,000||
|Create Music - Brighton|Dome|and Festival|5,000|15,500|
|Carried forward||||35,100|
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|Brought forward|||||35,100|
|---|---|---|---|---|---|
|Health||||||
|SASBAH||||3,000||
|Strongbones
Children's|Charitable||Trust|2,500||
|Kent, Sussex and Surrey|Air|Ambulance||3,000||
|CLIC Sargent||||1,000||
|Lifelites||||3,000||
|Demelza Children's
Hospice||||3,000||
|Dame Vera Lynn Children's||Charity||1,000||
|Calibre Audio||||1,000||
|East Sussex Hearing||||1,000||
|Fairlight
Hall RDA||||2,000||
|Little Gate Farm||||4,000||
|Carers UK||||2,000||
|Chestnut
Tree House||||5,000||
|East Sussex Vision Support||||||
|Caudwell
Children||||2,000||
|British Wireless for the|Blind|||800||
|MacMillan
Cancer Support||||5,000||
|StMichaels Hospice||||7,000||
|Blind Veterans UK||||1,250||
|Westerleigh
Judokwai||||4,000||
|Handicapped
Children's|Action Group|||900||
|Grassroots Suicide Prevention||||5,000|59,450|
|Carried forward|||||94,550|
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|7
Grant making|(continued)|(continued)|(continued)|||
|---|---|---|---|---|---|
|Brought forward|||||94,550|
|Social Services||||||
|Police Community|Clubs||ofGreat Britain|2,000||
|Missing People||||1,000||
|Oasis Project||||2,000||
|Transom Trust||||2,000||
|East Sussex Recovery Alliance||||5,000||
|StJohn Ambulance||||3,000||
|Royal National
Institute||for the Blind||2,000||
|Hastings
Citadel Salvation|||Army|2,000||
|Surviving
Christmas||||5,000||
|Family Support Work||||5,000||
|HARC||||4,000||
|Fellowship ofStNicholas||||5,000||
|Education
Futures Trust||||5,000||
|Dens and Signals||||3,000|46,000|
|Religion||||||
|StJohn's PCC||||4,000||
|Christ Church Ore||||1,250|5,250|
|Environment||||||
|Hands ofHope||||1,000||
|Cleanup UK||||2,000|3,000|
||||||148,800|
|All grants were made by||the General Fund.||||
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|Other investments|||
|---|---|---|
||Listed||
||investments|Total|
|Cost or Valuation|||
|At 6 ApA'I 2022|9,422,130|9,422,130|
|Revaluation|(583,063)|(583,063)|
|At 5 April 2023|8,839,067|8,839,067|
|Net book value|||
|At 5 April 2023|8,839,067|8,839,067|
|At 5 April 2022|9,422,130|9,422,130|
|Historic Cost|||
|At 5 April 2023|4,334,760|4,334,760|
|At 5 April 2022|4,334,760|4,334,760|
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|||||||Other||
|---|---|---|---|---|---|---|---|
||||Balance at 6|Incoming|Resources|recognised|Balance at 5|
||||April 2022|resources|expended|gains/(losses)|April 2023|
||||||f,|||
|Unrestricted||funds||||||
|General|Fund||9,256,062|300,020|(224,500)|(561,555)|8,770,027|
|Auxiliary|Fund||383,599|11,016|(1,005)|(21,508)|372,102|
|Total funds|||9,639,661|311,036|(225,505)|(583,063)|9,142,129|
|||||||Other||
||||Balance at 6|Incoming|Resources|recognised|Balance at 5|
||||April 2021|resources|expended|gains/(losses)|April 2022|
|Unrestricted||funds||||||
|General|Fund||8,389,197|287,719|(290,080)|869,226|9356,062|
|Auxiliary|Fund||341,475|9,974|(1,020)|33,170|383,599|
|Total I'unds|||8,730,672|297,693|(291,100)|902,396|9,639,661|
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