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2022-12-31-accounts
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Page |
ReferenceandadministrativedetailsoftheCharity,itsTrusteesandadvisers |
1 |
Trustees’report |
2-5 |
Independentexaminer'sreport |
6 |
Statementoffinancialactivities |
7 |
Balancesheet |
8 |
Notestothefinancialstatements |
9-19 |
Trustees |
MrD L Marks |
|
MrsA M Marks |
|
DRGEMarks |
|
MrAHMarks |
|
MrsM Palmer |
Charityregistered |
|
number |
326303 |
Principaloffice |
ChurchillHouse |
|
Room70 |
|
137-139BrentSt |
|
London |
|
NW44DJ |
Accountants |
JakeLewFCA |
|
BKLAuditLLP |
|
35BallardsLane |
|
London |
|
N31XW |
Bankers |
Barclays |
|
2ChurchillPlace |
|
London |
|
E145RB |
|
Restricted |
Unrestricted |
Unrestricted |
Total |
Total |
|
funds |
funds |
|
funds |
funds |
|
2022 |
2022 |
|
2022 |
2021 |
|
£ |
|
£ |
£ |
£ |
Incomefrom: |
|
|
|
|
|
Donationsandlegacies |
- |
36,569 |
|
36,569 |
64,504 |
Investments |
- |
71,967 |
|
71,967 |
69,117 |
Totalincome |
- |
108,536 |
|
108,536 |
133,621 |
Expenditureon: |
|
|
|
|
|
Raisingfunds |
- |
10,390 |
|
10,390 |
10,468 |
Charitableactivities |
- |
92,250 |
|
92,250 |
103,552 |
Totalexpenditure |
- |
102,640 |
|
102,640 |
114,020 |
Netincomebeforenet(losses)/gains |
|
|
|
|
|
oninvestments |
- |
5,896 |
|
5,896 |
19,601 |
Net(losses)/gainsoninvestments |
(104,163) |
- |
|
(104,163) |
25,607 |
Netmovementinfundsbeforeother |
|
|
|
|
|
recognisedgains/(losses) |
(104,163) |
5,896 |
|
(98,267) |
45,208 |
Otherrecognisedgains/(losses): |
|
|
|
|
|
Gains/(losses)onrevaluationof |
|
|
|
|
|
investmentassets |
(37,868) |
- |
|
(37,868) |
143,834 |
Netmovementinfunds |
(142,031) |
5,896 |
|
(136,135) |
189,042 |
Reconciliationoffunds: |
|
|
|
|
|
Totalfundsbroughtforward |
2,221,605 |
134,299 |
|
2,355,904 |
2,166,862 |
Netmovementinfunds |
(142,031) |
5,896 |
|
(136,135) |
189,042 |
Totalfundscarriedforward |
2,079,574
|
140,195
|
|
2,219,769
|
2,355,904
|
TheStatementofFinancialActivitiesincludesallgainsandlosses |
|
recognised |
intheyear. |
|
|
Thenotesonpages9 to19formpartofthesefinancialstatements. |
|
|
|
|
|
2.9 |
Fundaccounting |
|
|
|
|
Generalfundsareunrestricted fundswhichareavailableforuseatthediscretionoftheTrusteesin |
|
|
|
|
furtheranceofthegeneralobjectivesofthe |
Charityandwhichhavenot |
beendesignatedforother |
|
|
purposes. |
|
|
|
|
Restrictedfundsarefundswhicharetobeusedinaccordancewithspecificrestrictionsimposedby |
|
|
|
|
donorsorwhichhavebeenraisedbytheCharityforparticularpurposes.Thecostsofraisingand |
|
|
|
|
administeringsuchfundsarechargedagainstthespecificfund.Theaim |
|
anduseofeach |
restricted |
|
fundissetoutinthenotestothefinancialstatements. |
|
|
|
|
Investmentincome,gainsandlossesareallocatedtotheappropriatefund. |
|
|
|
Incomefromdonationsandlegacies |
|
|
|
|
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2022 |
2022 |
2021 |
|
|
£ |
£ |
z |
Donations |
|
36,569 |
36,569 |
64,504 |
Investmentincome |
|
|
|
|
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2022 |
2022 |
2021 |
|
|
£ |
£ |
£ |
RentalIncome |
|
10,196 |
10,196 |
10,196 |
InvestmentIncome |
|
61,771 |
61,771 |
58,921 |
|
|
71,967 |
71,967 |
69,117 |
Investmentmanagementcosts |
|
|
|
|
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2022 |
2022 |
2021 |
|
|
£ |
£ |
£ |
Investmentmanagement |
|
10,390 |
10,390 |
10,468 |
|
|
|
|
Page11 |
|
Grant |
|
|
|
|
fundingof |
Support |
Total |
Total |
|
activities |
costs |
funds |
funds |
|
2022 |
2022 |
2022 |
2021 |
|
£ |
£ |
£ |
£ |
Supportinggoodcauses |
89,135 |
3,115 |
92,250 |
103,552 |
Total2021 |
99,174 |
4,378 |
103,552 |
|
Analysisofsupportcosts |
|
|
|
|
|
|
Charitable |
Total |
Total |
|
|
activities |
funds |
funds |
|
|
2022 |
2022 |
2021 |
|
|
£ |
£ |
£ |
Governancecosts |
|
1,416 |
1,416 |
1,416 |
Legalfees |
|
- |
- |
2,587 |
Exchangeloss/(gain) |
|
154 |
154 |
(989) |
Baddebt |
|
1,545 |
1,545 |
1,349 |
Bankcharges |
|
- |
- |
15 |
|
|
3,115 |
3,115 |
4,378 |
Total2021 |
|
4,378 |
4,378 |
|
|
Independentexaminer'sremuneration |
|
|
|
|
|
|
|
|
2022 |
2021 |
|
FeespayabletotheCharity'sindependent |
examinerforthepreparationand |
|
|
|
|
independentexaminationoftheCharity's |
annualaccounts |
|
1,416 |
1,416 |
10. |
Investmentproperty |
|
|
|
|
|
|
|
|
|
Freehold |
|
|
|
|
|
investment |
|
|
|
|
|
property
£ |
|
Valuation |
|
|
|
|
|
At
1January2022 |
|
|
|
131,847 |
|
At31December2022 |
|
|
|
131,847 |
|
Theinvestmentpropertiesareshownintheaccountsathistoricalcost.Thereisnodepreciation charged. |
|
|
|
|
11. |
Fixedassetinvestments |
|
|
|
|
|
|
|
Property |
|
|
|
|
Listed |
income |
Property |
|
|
|
investments |
Trust |
fund |
Total |
|
|
£ |
£ |
£ |
£ |
|
Costorvaluation |
|
|
|
|
|
At1 January2022 |
1,510,459 |
84,857 |
267,972 |
1,863,288 |
|
Additions |
225,573 |
- |
- |
225,573 |
|
Disposals |
(113,947) |
- |
- |
(113,947) |
|
Revaluations |
(211,026) |
(1,981) |
(21,095) |
(234,102) |
|
At31December2022 |
1,411,059 |
82,876 |
246,877 |
1,740,812 |
|
Netbookvalue |
|
|
|
|
|
At31December2022 |
1,411,059 |
82,876 |
246,877 |
1,740,812 |
|
At31December2021 |
1,510,459 |
84,857
|
267,972
|
1,863,288
|
12. |
Debtors |
|
|
|
|
2022 |
2021 |
|
Duewithinoneyear |
|
|
|
Tradedebtors |
4,347 |
2,513 |
|
Otherdebtors |
2,956 |
7,089 |
|
|
7,303 |
9,602 |
13. |
Creditors:Amountsfallingduewithinoneyear |
|
|
|
|
2022 |
2021 |
|
Accrualsanddeferredincome |
5,443 |
5,520 |
|
|
|
|
|
|
|
|
Balanceat |
|
|
Balanceat |
|
|
|
|
|
31 |
|
|
1 |
January |
|
|
Transfers |
Gains/ |
December |
|
|
|
2021 |
Income |
Expenditure |
infout |
(Losses) |
2021 |
|
|
|
£ |
£ |
£ |
£ |
£ |
e |
|
Unrestricted |
|
|
|
|
|
|
|
|
funds |
|
|
|
|
|
|
|
|
GeneralFunds- |
|
|
|
|
|
|
|
|
allfunds
|
|
114,698 |
133,621 |
(114,020) |
- |
- |
134,299 |
|
Restricted |
|
|
|
|
|
|
|
|
funds |
|
|
|
|
|
|
|
|
RestrictedFunds |
|
|
|
|
|
|
|
|
-allfunds |
2,052,164 |
|
- |
- |
25,607 |
143,834 |
2,221,605 |
|
Capitalaccount |
|
|
|
|
|
|
|
|
Quilter |
|
|
|
|
|
|
|
|
investements |
|
|
|
|
|
|
|
|
revaluation |
|
|
|
|
|
|
|
|
reserve |
|
|
|
|
|
|
|
|
PITCH |
|
|
|
|
|
|
|
|
revaluation |
|
|
|
|
|
|
|
|
reserve |
|
|
|
|
|
|
|
|
Charities |
|
|
|
|
|
|
|
|
PropertyFund |
|
|
|
|
|
|
|
|
|
2,052,164 |
|
- |
- |
25,607 |
143,834 |
2,221,605 |
|
Restricted
|
|
|
|
|
|
|
|
|
funds- ClassIl |
|
|
|
|
|
|
|
|
ClassIl |
|
|
|
|
|
|
|
|
RestrictedFunds
-allfunds
|
|
- |
- |
- |
(25,607) |
25,607 |
- |
|
TotalRestricted
|
|
|
|
|
|
|
|
|
funds
|
2,052,164 |
|
- |
- |
- |
169,441 |
2,221,605 |
|
Totaloffunds |
2,166,862 |
|
133,621 |
(114,020) |
- |
169,441 |
2,355,904 |
|
|
SSS |
|
eee
ES |
eee
ee |
|
|
|
15. |
Summaryoffunds |
|
|
|
|
|
|
|
|
|
NOTESTOTHEFINANCIAL |
STATEMENTS |
|
|
|
|
FORTHEYEARENDED31 |
DECEMBER2022 |
|
|
16. |
Analysisofnetassets |
betweenfunds(continued) |
|
|
|
|
Analysisofnetassets |
betweenfunds- prioryear |
|
|
|
|
|
|
Restricted |
Unrestricted |
Total |
|
|
|
funds |
funds |
funds |
|
|
|
2021 |
2021 |
2021 |
|
|
|
£ |
£ |
£ |
|
Fixedassetinvestments |
|
1,878,079 |
- |
1,878,079 |
|
Investmentproperty |
|
131,847 |
- |
131,847 |
|
Currentassets |
|
217,199 |
134,299 |
351,498 |
|
Creditorsduewithinone |
year |
(5,520) |
- |
(5,520) |
|
|
|
2,221,605 |
134,299 |
2,355,904 |