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2022-03-31-accounts

~Magen Charitable Trust+
Charity Information
Bankers Royal Bank of Scotland
38Moseley Street
Manchester
M60 2BE
Solicitor Liefman Rose &Co
94Bury Old Road
Manchester
M8
Accountants Sefton Yodaiken &co
Charted Accountants
Fairways House
George Street Prestwich
Manchester
M25 9WS

Notes 2022 2021
E
Income resources
Voluntary
income
Investment
income
14,250
208,101
206,677
Other income 714 306
Total income resources 223,065 206,983
Resources expenditure
Charitable
distribution
231,750 45,900
Governance
costs
4,345 2,236
Administrative
expenses
38,720 16,307
Total resources expended 274,815 64,443
Net (deficit)/surplus
Surplus B/F
for the year (51,750)
1,809,929
142,540
1,667389
Surplus C/F 1,758,179 1,809,929

Notes 2022 2021
E
Fixed assets
Investment assets 1,279,491 1,279,491
Current assets
Debtors 8 230g25 300,589
Cash atbank 249,863 232,067
480,688 532,656
Creditors: due within the year 9 (2,000) (2,218)
Net current assets 478,688 530,438
Total assets less current liabilities 1,758,179 1,809,929
Funds
Unrestricted reserves 1,758,179 1,809,929

by charities (Charities SORP by charities (Charities SORP by charities (Charities SORP FRS102)and the C harities Act2011).
2.Voluntary
income
2022 2021
Donations 14,250
4. Investment income
2022 2021
Rental and other investment income 201,027 202,843
Dividends 7,050 3,750
Bank interest received 24 84
208,101 206,677
5. Governance costs
2022 2021
Legal and accountancy
Bank charges
4,050
295
2,100
186
4,345 2,236
6.Administrative expenses
2022 2021
6
Insurance 4,535 1,234
Service charge
Repairs
Cleaning
Rates
15,380
12,572
4,142
1,664
9,765
1,083
2,059
1,834
Heat and light 332
38,720 16,307

For the year ended 3 For the year ended 3 1 March 2022
7.Investment Fixed Assets
Land &Property 2022
B/F &C/F 1,279,491
The Trustees revalued the assets asat31 March 2002
Makeup of net book value
Cost 641,526
Revaluation 637,965
1,279,491
8.Debtors
2022 2021
6
Trade debtors 164,922 234,686
Loan debtors 65,903 65,903
230,825 300,589
9.Creditors: amounts falling due within one year 2022 2021
Trade creditors 218
Other creditors 2,000 2,000
2,000 2318