The Cranbury Foundation Independent examiner's report Forthe year ended 30 September 2022 Independent examiner's report to the Trustees of The Cranbury Foundation (the '¢harity') I report lo the charity Trustees on my examination of the accounts of the charity for the year ended 30 September 2022. This report is made solely lo the charills Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might slate lo the charills Trustees those matters l am required lo slate to them in an Independent examiner's report and for no other purpose. To the fullest exlenl pem)illed by law, I do not accept or assume responsibility to anyone other than the charity and the Charills Trustees as a body, for my work or for this report. Responslbllltles and basls of report As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'Ihe 2011 Acl'l. I report in respect of my examin81ion of the charity's accounts carried out under section 145 of the 2011 Act and in carrwng out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515}Ib) of the 2011 Act. Independent examlner's statement Your allenlion is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts accordance with the Financial Reporting Stsndard applicable in the UK 8nd Republic of Ireland IFRS 102) in preference lo the Accounting 8nd Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. l understand that this has been done in order for the accounts to provide 8 true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I can confirm that no mallers have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act., or the accoLJnts do not accord with those records., or the accounts do not comply with the applicable requirements conceming the form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other mallers in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Signed= Dated.. 20 June 2023 Simon Webber, BA {Hons). DChA FCA Kreston R8evgs LLP Chartered Accountsnts Chichester Page 5
| Statementoffinancialactivities Fortheyearended30September2022 |
||||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| Note | £ | £ | £ | |
| Incomefrom: | ||||
| Othertradingactivities Investments |
72,050 4,732 |
72,050 4,732 |
72,050 4,379 |
|
| Totalincome | 76,782 |
76,782 |
76,429 |
|
| Expenditureon: | ||||
| Raisingfunds Charitableactivities |
18,569 44,594 |
18,569 44,594 |
32,236 42,877 |
|
| Totalexpenditure | 63,163 |
63,163 |
75,113 |
|
| Netincomebeforeotherrecognisedgainsandlosses Gainsonrevaluationsoffixedassets |
7,8,9 | 13,619 165,052 |
13,619 165,052 |
1,316 216,229 |
| Netmovementinfunds | 178,671 |
178,671 |
217,545 |
|
| Reconciliationoffunds: | ||||
| Totalfundsbroughtforward | 2,321,443 |
2,321,443 |
2,103,898 |
|
2,500,114 |
2,500,114 |
2,321,443 |
||
| Totalfundscarriedforward |
| Tradingactivities | |||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Othertradingactivities | |||
| Rentalincome | 72,050 | 72,050 | |
| Raisingfunds | |||
| Rentalexpenses Investmentmanagementfees Propertyrepairsandmaintenance Insurance Legalandprofessionalfees Bankcharges |
6,000 1,352 7,432 1,266 2,370 149 |
6,360 1,206 19,799 1,147 3,534 190 |
|
| 18,569 | 32,236 | ||
| Netincomefromtradingactivities | 53,481 | 39,814 | |
| In | 2021,alltradingactivitiesareunrestrictedfunds. |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| £ | £ | £ | ||
| Investmentincome | -listedinvestments |
4,732 |
4,732 |
4,379 |
| Total2021 | 4,379 | 4,379 |
| 4. | Totalexpenditure | |||
|---|---|---|---|---|
| Othercosts | Total | Total | ||
| 2022 | 2022 | 2021 | ||
| £ | £ | £ | ||
| Expenditureonraisingfunds | 18,569 | 18,569 | 32,236 | |
| Costsofraisingfunds | 18,569 |
18,569 |
32,236 |
|
| DonationsandGrants Governancecosts |
41,030 3,564 |
41,030 3,564 |
39,427 3,450 |
|
| Charitableactivities | 44,594 |
44,594 |
42,877 |
|
63,163 |
63,163 |
75,113 |
||
| Total2021 | 75,113 | 75,113 | ||
| TheCranburyFoundationdonatedtothefollowingintheyear; | ||||
| MuscularDystrophy-£40,000 | ||||
| ABFTheSoldiersCharity-£500 | ||||
| SouthamptonHospitalCharities-£500 | ||||
| Alresford&District-£30 |
| Tangiblefixedassets | |
|---|---|
| Amenity | |
| equipment | |
| £ | |
| Cost | |
| At1October2021and30September2022 | 5,311 |
| Depreciation | |
| At1October2021and30September2022 | 5,311 |
| Netbookvalue | |
| At30September2022 | - |
| At30September2021 | = |
| Investmentproperty | |
| Freehold | |
| investment | |
| property | |
| £ | |
| Valuation | |
| At1October2021 | 2,145,000 |
| Surplus/(deficit)onrevaluation | 185,328 |
| At30September2022 | 2,330,328 |
| Fixedassetinvestments | |
|---|---|
| Listed | |
| securities | |
| £ | |
| Marketvalue | |
| At1October2021 | 156,260 |
| Additions | 39,487 |
| Disposals | (21,945) |
| Revaluations | (20,970) |
| Profit/(loss)ondisposal | 694 |
| At30September2022 | 153,526 |
| 9. | Fixedassetinvestments(continued) | |||
|---|---|---|---|---|
| Investmentsatmarketvaluecomprise: | 2022 | 2021 | ||
| £ | £ | |||
| Listedinvestments | 153,526 | 156,260 | ||
| AllthefixedassetinvestmentsareheldintheUK. | ||||
| 10. | Debtors | |||
| 2022 | 2021 | |||
| £ | E | |||
| Brokeraccounts Prepaymentsandaccruedincome |
908 1,586 |
1,867 1,955 |
||
2,494 |
3,822 |
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Tradecreditors Othercreditors Rentaldeposits Accruals |
- 4,070 675 16,543 |
284 4,045 675 16,112 |
|
21,288 |
21,116 |
| Balanceat | |||||
|---|---|---|---|---|---|
| Balanceat | 30 | ||||
| 1October | Gains/ | September | |||
| 2021 | Income | Expenditure | (Losses) | 2022 | |
| £ | £ | £ | £ | ||
| Unrestrictedfunds | |||||
| Generalfund Revenuereserve Revaluationreserve |
469,463 (40,654) 1,892,634 |
- 76,782 - |
- (63,163) - |
- - 165,052 |
469,463 (27,035) 2,057,686 |
2,321,443 |
76,782 |
(63,163) |
165,052 |
2,500,114 |
| Balanceat | |||||
|---|---|---|---|---|---|
| Balanceat | 30 | ||||
| 1October | Gains/ | September | |||
| 2020 | Income | Expenditure | (Losses) | 2021 | |
| £ | £ | £ | £ | £ | |
| Generalfunds | |||||
| Generalfund | 469,463 | - | - | - | 469,463 |
| Revenuereserve | (41,970) | 76,429 | (75,113) | - | (40,654) |
| Revaluationreserve | 1,676,405 | - | - | 216,229 | 1,892,634 |
2,103,898 |
76,429 |
(75,113) |
216,229 |
2,321,443 |
| Analysisofnetassetsbetweenfunds-currentyear | |
|---|---|
| Unrestricted | |
| funds | |
| 2022 | |
| £ | |
| Fixed assetinvestments Investmentproperty Currentassets Creditors duewithinoneyear |
153,526 2,330,328 37,548 (21,288) |
| 2,500,114 |
| Unrestricted | |
|---|---|
| funds | |
| 2021 | |
| £ | |
| Fixedassetinvestments Investmentproperty Currentassets Creditorsduewithinoneyear |
156,260 2,145,000 41,299 (21,116) |
| 2,321,443 |