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||||||Page|
|---|---|---|---|---|---|
|Reference|and Administrative||Details ofthe Charity,|its Trustees and Advisers|1|
|Chairman's|Statement|||||
|Trustees'|Report||||3-6|
|Independent<br>Examiner's||Report||||
|Statement|ofFinancial Activities|||||
|Balance Sheet||||||
|Statement|ofCash Flows||||10|
|Notes tothe Financial Statements|||||11 - 26|





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|Patrons and Trustees|Patrons and Trustees|Lord Thomas|ofGresford|ofGresford|ofGresford|OBEQC, President|OBEQC, President||
|---|---|---|---|---|---|---|---|---|
|||Sir Charles Gladstone,|||Bt,|Hon Vice President|||
|||Mr Lloyd Fitzhugh||OBE, Hon Vice President|||||
|||Mr ER Hanmer,||Hon Vice||President|||
|||Mrs B M Bryden,||BEM,|Chairman||||
|||Mr T M Williams||MBE,|Vice Chairman||||
|||Mrs M Ellis, Committee|||||||
|||Mm D Evans,|Committee||||||
|||Mr TJones, Committee|||||||
|||Mrs M Story, Committee|||||||
|||Mrs A Thomas,|Committee|||(appointed|21 April 2022, resigned|16January 2023)|
|||Mr W Thomas,|Committee|||(appointed|21 April 2022, resigned|16January 2023)|
|||Mr TWilliams,|Committee|||(appointed|17October 2022)||
|Chadty registered|||||||||
|number||502242|||||||
|Principal office||16Chanticleer|Close||||||
|||Wrexham|||||||
|||Clwyd|||||||
|||LL139EQ|||||||
|Accountants||WR Partners|||||||
|||Chartered<br>Accountants|||||||
|||Belmont House|||||||
|||Shrewsbury<br>Business Park|||||||
|||Shrewsbury|||||||
|||Shropshire|||||||
|||SY26LG|||||||
|Bankers||HSBC PLC|||||||
|||Regent Street|||||||
|||Wrexham|||||||
|Investment|Fund|Quilter Cheviot|||||||
|Managers||5St Paul's Square|||||||
|||Liverpool|||||||
|||L39SJ|||||||
|||Tilney|||||||
|||6 Chesterfield<br>Gardens|||||||
|||Mayfair|||||||
|||London|||||||
|||W1J 5BQ|||||||





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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2022<br>6|2022<br>6|2022<br>6|2021f|
|Income from:||||||||
|Donations<br>and legacies|||||40,048|40,048|53,448|
|Other trading<br>activities|||||112,753|112,753|851|
|Investments|||||42,725|42,725|43,111|
|Total income|||||195,526|195,526|97,410|
|Expenditure<br>on:||||||||
|Raising funds|||7,8|38|103,224|103,262|33,344|
|Chaditable<br>activities|||10||50,690|50,690|76,114|
|Total expenditure||||38|153,914|153,952|109,458|
|Net (expenditure)/income||before net||||||
|(losses)/gains<br>on|investments|||(38)|41,612|41,574|(12,048)|
|Net (losses)/gains|on investments||||(120,533)|(120,533)|368,218|
|Net movement<br>in|funds|||(38)|(78,921)|(78,959)|356,170|
|Reconciliation<br>of|funds:|||||||
|Total funds brought|forward|||35,967|3,389,300|3,425,267|3,069,097|
|Net movement<br>in funds||||(38)|(78,921)|(78,959)|356,170|
|Total funds carried forward||||35,929|3,310,379|3,346,308|3,425,267|





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|||||2022||2021|
|---|---|---|---|---|---|---|
|||Note||E||6|
|Fixed assets|||||||
|Tangible assets||15||3,978||2,707|
|Investments||16||3,005,003||3,115,030|
|||||3,008,981||3,117,737|
|Current assets|||||||
|Stocks||17|5,980||6,446||
|Debtors||18|||59||
|Cash at bank and in hand|||350,416||332,231||
||||356,396||338,736||
|Creditors: amounts|falling due within one||||||
|year||19|(19,069)||(31,206)||
|Net current assets||||337,327||307,530|
|Total assets less current liabilities||||3,346,308||3,425,267|
|Total net assets||||3,346,308||3,425,267|
|Charity funds|||||||
|Restricted funds||20||35,929||35,967|
|Unrestricted<br>funds||20||3,310,379||3,389,300|
|Total funds||||3,346,308||3,425,267|



## 



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||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Note|E|E|
|Cash flows from operating|activities||||||
|Net cash used in operating|activities|||22|30,474|(72,953)|
|Cash flows from investing|activities||||||
|Purchase oftangible<br>fixed assets|||||(2,000)||
|Sale of investments|||||491,946|577,369|
|Purchase ofinvestments|||||(502,235)|(603,217)|
|Net cash used in investing|activities||||(12,289)|(25,848)|
|Cash flows from financing|activities||||||
|Net cash provided<br>by financing<br>activities|||||||
|Change<br>in cash and cash|equivalents|in|the year||18,185|(98,801)|
|Cash and cash equivalents|at the beginning||ofthe year||332231|431,032|
|Cash and cash equivalents|at the end|of|the year|23|350,416|332,231|





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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022<br>E|2021f|
|Shop|income|112,753|112,753|851|
|Total|2021|851|851||





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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
||||6||
|Income from quoted|investments|36,273|36,273|37,150|
|Deposit income||6,452|6,452|5,961|
|||42,725|42,725|43,111|
|Total 2021||43,111|43,111||



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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|||6|6||
|Fundraising|costs|136|136||



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||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022|2022|2022|2021|
||6|6|6|6|
|Charity trading expenses|38|70,871|70,909|3,278|
|Total 2021||3,278|3,278||





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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2021|
||||6|E|5|
|Investment|management|fees|32,217|32,217|30,066|
|Total 2021|||30,066|30,066||
|Analysis ofgrants||||||
||||Grants to|Total|Total|
||||Institutions|funds|funds|
||||2022<br>6|2022<br>6|2021f|
|Grants|||(1,820)|(1,820)|26,602|
|Total 2021|||26,602|26,602||



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|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|Total|Total|
|||||2022|2022f|2021|
|Grants payable||||(1,820)|(1,820)|26,602|
|Wages &Salaries||||47,116|47,116|44,099|
|Depreciation||||729|729|513|
|Accountancy|&Independent|Examination|fees|4,665|4,665|4,900|
|||||50,690|50,690|76,114|
|Total 2021||||76,114|76,114||





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||||Activities|Grant|||
|---|---|---|---|---|---|---|
||||undertaken|funding<br>of|Total|Total|
||||directly|activities|funds|funds|
||||2022|2022f|2022f|202'If|
|Grants payable||||(1,820)|(1,820)|26,602|
|Wages and|Salaries||47,116||47,116|44,099|
|Depreciation|||729||729|513|
|Accountancy|& Independent|Examination|||||
|fees|||4,665||4,665|4,900|
||||52,510|(1,820)|50,690|76,114|
|Total 2021|||49,512|26,602|76,114||



## 

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|Staff c|osts||||
|---|---|---|---|---|
||||2022f|2021|
|Wages|and|salaries|47,116|44,099|
||||47,116|44,099|



||2022|2021|
|---|---|---|
||No.|No.|
|Employees|||





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||Property|Fixtures and|Office||
|---|---|---|---|---|
||improvements<br>6|fittings|equipment<br>f|Total|
|Cost orvaluation|||||
|At 1 September 2021|10,810|10,915|6,383|28,108|
|Additions||2,000||2,000|
|At 31August 2022|10,810|12,915|6,383|30,108|
|Depreciation|||||
|At 1 September 2021|10,810|8,444|6,147|25,401|
|Charge for the year||670|59|729|
|At 31August 2022|10,810|9,114|6,206|26,130|
|Net book value|||||
|At 31 August 2022||3,801|177|3,978|
|At 3fAugust 2021||2,471|236|2,707|





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||||Listed|Unlisted||
|---|---|---|---|---|---|
||||investments|investments|Total|
||||6|6|6|
||Cost or valuation|||||
||At 1 September 2021||3,059,763|55,267|3,115,030|
||Additions||450,879|51,356|502,235|
||Disposals||(491,946)||(491,946)|
||Revaluations||(120,316)||(120,3161|
||At 31August 2022||2,898,380|106,623|3,005,003|
||Net book value|||||
||At 31August 2022||2,898,380|106,623|3,005,003|
||At 31August 2021||3,059,763|55,267|3,115,030|
|||||2022<br>F|2021f|
||Investments<br>at market value|comprise:||||
||Listed investments|||2,898,380|3,059,763|
||Investment<br>cash &settlements|pending||106,623|55,267|
|||||3,005,003|3,115,030|
|17.|Stocks|||||
|||||2022|2021f|
||Goods for resale|||5,980|6,446|





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|2022f|2021f|
|---|---|
||59|
||59|



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|||2022f|2021f|
|---|---|---|---|
|Trade creditors||11,564|27,886|
|Other taxation and social security||3,530||
|Accruals and deferred|income|3,975|3,320|
|||19,069|3'1,206|





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||Balance at 1|||||Balance at|
|---|---|---|---|---|---|---|
||September<br>2021<br>F|Income<br>5|Expenditure<br>6|Transfers<br>in/out|Gains/<br>(Losses)|31August<br>2022<br>6|
|Unrestricted|||||||
|funds|||||||
|Designated|||||||
|funds|||||||
|Myra Jenkins<br>Legacy|3,115,030|36,273|(32,217)|6,450|(120,533)|3,005,003|
|General funds|||||||
|General Funds-|||||||
|all funds|274,270|159,253|(121,697)|(6,450)||305,376|
|Total|||||||
|Unrestricted|||||||
|funds|3,389,300|195,526|(153,914)||(120,533)|3,310,379|
|Restricted|||||||
|funds|||||||
|Selwyn<br>Hughes<br>Legacy|20,000|||||20,000|
|Radio Fund|13,942||(38)|||13,904|
|Small Restdcted|||||||
|Donations|2,025|||||2,025|
||35,967||(38)|||35,929|
|Total offunds|3,425,267|195,526|(153,952)||(120,533)|3,346,308|





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|Statement offu|nds - prior year||||||
|---|---|---|---|---|---|---|
||Balance at|||||Balance at|
||1 September<br>2020<br>8|Income|Expenditure<br>E|Transfers<br>infout<br>8|Gains/<br>(Losses)|31August<br>2021<br>L'|
|Unrestricted|||||||
|funds|||||||
|Designated|||||||
|funds|||||||
|Myra Jenkins|||||||
|Legacy|2,733,876|37,150|(30,066)|5,852|368,218|3,115,030|
|General funds|||||||
|General Funds-|||||||
|all funds|299,365|60,260|(79,392)|(5,963)||274,270|
|Total|||||||
|Unrestricted|||||||
|funds|3,033,241|97410|(109,458)|(111)|368,218|3,389,300|
|Restricted|||||||
|funds|||||||
|Selwyn Hughes|||||||
|Legacy|20,000|||||20,000|
|Radio Fund|13,831|||||13,942|
|Small Restricted|||||||
|Donations|2,025|||||2,025|
||35,856|||||35,967|
|Total offunds|3,069,097|97,410|(109,458)||368,218|3,425,267|





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|Analysis ofnet assets between funds<br>-curr|ent year|||
|---|---|---|---|
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2022|2022|2022|
|Tangible fixed assets||3,978|3,978|
|Fixed asset investments||3,005,003|3,005,003|
|Current assets|35,929|320,467|356,396|
|Creditors due within one year||(19,069)|(19,069)|
|Ttl|35,929|3,310,379|3,346,308|



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||Restricted|Unmstricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2021|2021f|2021f|
|Tangible fixed assets||2,707|2,707|
|Fixed asset investments||3,115,030|3,1'15,030|
|Current assets|35,967|302,769|338,736|
|Creditors due within one year||(31,206)|(31,206)|
|Ttl|35,967|3,389,300|3,425,267|



||||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||E|5|
||Net<br>income/expenditure|||for|the|year|(as|per|Statement|of Financial|||
||Activities)||||||||||(78,959)|356,170|
||Adjustments|for:|||||||||||
||Depreciation|charges|||||||||729|513|
||Decrease/(increase)||in|stocks|||||||466|(315)|
||Decrease<br>in|debtors|||||||||59|537|
||Decrease<br>in|creditors|||||||||(12,137)|(74,552)|
||Revaluations||||||||||120,316|(355,306)|
||Net cash provided||byi(used||in)|operating||activities|||30,474|(72,953)|
|23.|Analysis of|cash and||cash equivalents|||||||||
||||||||||||2022f|2021|
||Cash in hand||||||||||350,416|332,231|
||Total cash and cash equivalents||||||||||350,416|332,23'I|





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|||||||At 1||At 31|
|---|---|---|---|---|---|---|---|---|
|||||||September||August|
|||||||2021|Cash flows|2022|
||||||||6||
|Cash|at|bank|and|in|hand|332,231|18,185|350,416|
|||||||332,231|18,185|350,416|



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