##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
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2005 which is referred to in the extant regulations but has been withdrawn.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|
##
##
##