2023-03-31-accounts

Trustees	MrJ.J.Drydon (Co-optative),	MrJ.J.Drydon (Co-optative),	Chair
	Mrs L.A. Gilhespy (Appointed		by the Parish Council of Haydon		Bridge)
	Mr E. Faulks (Appointed	by the Parish Council ofHaydon Bridge)
	Mrs K.Richardson (Appointed		by the	Parish Council of Haydon	Bridge)
	Mr B.L.Bates (Co-optative)
	Ms P. Collis (Co-optative)
	Mrs D. Wardle (Co-optative)
	Mr E.Brown (Appointed	by the Parish		Council of Haydon Bridge)
	Mr R. Hines (Co-optative)	(appointed		11 November 2022)
Charity registered
number	506598
Principal office	Shaftoe Terrace
	Haydon Bridge
	Northumberland
	NE47 6BW
Clerk to the Trustees	Mr S.Exham
Accountants	RyecroR Glenton
	Chartered Accountants
	32 Portland Terrace
	Newcastle upon Tyne
	NE2 tQP
Bankers	HSBC Bank Pic
	Fore Street
	Hexham
	Northumberland
	NE46 1LY
Solicitors	Brewin Dolphin
	Time Central
	Gallowgate
	Newcastle upon Tyne
	NE1 4SR

				Endowment	Unrestricted	Total	Total
				funds	funds	funds	funds
				2023	2023	2023	2022
			Note	6	6	6
Income and endowments		from:
Donations and legacies					1,720	1,720	1,720
Charitable activities					27,560	27,560	27,040
Investments					5,872	5,872	4,460
Total income and	endowments				35,152	35,152	33,220
Expenditure on:
Charitable activities					27,357	27,357	28,167
Total expenditure					27,357	27,357	28,167
Net income before	net (losses)/gains
on investments					7,795	7,795	5,053
Net gains on investments					(12,361)	(12,361)	9,500
Net movement in funds					(4.566)	(4,566)	14,553
Reconciliation offunds:
Total funds brought	forward			900,780	243,794	1,144,574	1,130,021
Net movement in funds					(4,566)	(4,566)	14,553
Total funds carried	forward			900,780	239,228	1,140,008	1,144,574

			Note		2023f		2022
Fixed assets
Tangible assets			9		900,000		900,000
Investments			10		213,367		222,254
					1,113,367		1,122,254
Current assets
Debtors			12	29,161		24,335
				29,161		24,336
Creditors: amounts		falling due within one
year			13	(2,520)		(2,016)
Net current	assets				26,641		22,320
Total assets	less current liabilities				1,140,008		1,144,574
Total net assets					1,140,008		1,144,574
Charity funds
Endowment	funds		14		9OO,78O		900,780
Unrestricted	funds		14		239,228		243,794
Total funds					1,140,008		1,144,574

					Unrestricted	Total
					funds	funds
					2023	2023f
Grants	from	Shafioe	Educational	Foundation	1,720	1,720
					Unrestricted	Total
					funds	funds
					2022f	2022f
Grants	from	Shaftoe	Educational	Foundation	1,720	1,720

				Unrestricted	Total
				funds	funds
				2023	2023
					6
Maintenance	contributions	from	residents	27,560	2'7,560
				Unrestdcted	Total
				funds	funds
				2022	2022
				6
Maintenance	contributions	from	residents	27,040	27,040

					Unrestricted	Total
					funds	funds
					2023	2023
					6	6
UK	investment	income	and	interest	5,872	5,872
					Unn. strlcted	Total
					funds	funds
					2022	2022
						6
UK	investment	income	and	interest	4,460	4,460

				Support	Total
				costs	funds
				2023	2023
				6
Almshouse		Support		27,357	27,357
				Support	Total
				costs	funds
				2022f	2022
Almshouse		Support		28,167	28,157
Analysis ofsupport costs
				Total	Total
				funds	funds
				2023	2022
				6	5
Resident support costs					1,270
Repairs and		maintenance		6,376	11,250
Heat and light				745	658
Water and	insurance			5,408	5,197
Subscriptions				196	187
Clerk's fees		and expenses		2,235	2,240
Sundry expenses				382	(120)
Bank charges				88	23
Major repairs				6,969	3,072
Governance		costs		3,958	3,580
Supported	housing		support	1,000	800
				27,357	28,167

			2023	2022
			5	5
Independent	examination	fee	2,524	2,106
Investment	management	fees	1,434	1,474
			3,958	3,560

					2023	2022
Fees payable	to the Charity's	independent	examiner for the independent
examination	and preparation	ofthe Charity's		annual accounts	2,524	2,106

	Freehold
	property
	E
Cost or valuation
At 1 April 2022	900,000
At 31 March 2023	900,000
Net book value
At 31 March 2023	900,000
At 31March 2022	900,000

				Cash held
			Listed	for re-
			investments 6	investment 6	Totalf
Cost or valuation
At 1 April 2022			216,151	6,103	222,254
Additions			34,158	39,850	74,008
Disposals			(34,942)	(35,592)	(70,534)
Revaluations			(12,361)		(12,361)
At 31 March 2023			203,006	10,361	213,367
Net book value
At 31 March 2023			203,006	10,361	213,367
At 31March 2022			216,151	S,103	222,254
All ofthe fixed asset investments	are held	in the UK.

				2023	2022
Charishare				10,646	10,759
First Sentier Investments					10,093
Jupiter UT Mngrs Strategic	Bond XGBP Dis			3,383	3,832
SSGA S&P US Dividend				15,662	15,527
Thesis UT Mgt Ltd TM Redwheel			UK Eq Inc LGBP	8,038	5,138
Muzinich Funds Tactical Cred				9,032	9,511
Blackrock EURP Inc D units				9,328	15,307
Link Fund Sol Trojan income				8,952	9,542
Jupiter Fund Managers UK Mid		Cap U2			9,307
MAN FD Mgt UK Ltd				8,365	8,330
Tritax Big BoxREI ORD				4,029	5,964
Personal Assets TR Ord				4,775	5,040
BNY Mellon				5,724	6,100
JPM EM INC C				3,053	3,271
Vanguard Inc SERV UK				4,462	5,590
First State Asia PAC				7,182	7,336
Twenty Four Global Corporate		Bond		6,146	7,192
Jupiter UT managers Japan Income				6,034	6,006
Fund Smith LLP Equity				7,329	7,192
I Shares S&P				15,435	16,348
JP Morgan US Equity Inc				15,978	16,704
Fil Inv SCS UK Money Builder				5,590	6,598
Robecco Lux SA Global				5,938	6,547
Xtrackers (IE)				4,608	14,717
Dodge &Cox				4,080
YK Gvmt 5%SNR BDS				2,536
Link Fund Solutions Ltd Gresham			HS UK	4,019
Royal London Sustainable	LDRS		TST	10,367
JP Morgan Fund ICVC Macro Opportunities				4,361
ISHARES Physical Metals	PLC			2,710
HICL Infrastructure PLC				5,244
				203,006	216,151

			2023	2022
				5
Due within	one year
Owed by Shaftoe Educational		Foundation	26,519	22,792
Prepayments	and accrued income		2,642	1,544
			29,161	24,336

2023f	2022 5
2,520	2,016

Statement offunds	- current	year
							Balance at
		Balance at 1				Gainsi	31 March
		April 2022 8	Income 8	Expenditure	f	(Losses) 8	2023 8
Unrestricted funds
Designated funds
Cyclical maintenance	fund	1,456		(1,456)
Generalfunds
General funds		242,338	35,152	(25,901)		(12,361)	239,228
Total Unrestricted	funds	243,794	35,152	(27,357)		(12,361)	239,228
Endowment funds
Endowment funds		900,780					900,780
Total offunds		1,144,574	35,152	(27,357)		(12,361)	1,140,008

Statement offunds	- prior y	ear
						Balance at
		Balance at			Gains/	31March
		1April 2021	Income	Expenditure	(Losses)	2022f
Unrestricted funds
Designated funds
Cyclical maintenance	fund	6,622		(5,166)		1,456
General funds
General funds		222,619	33,220	(23,001)	9,500	242,338
Total Unrestricted	funds	229,241	33,220	(28,167)	9,500	243,794
Endowment funds
Endowment funds		900,780				900,780
Total offunds		1,130,021	33,220	(28,167)	9,500	1,144,574

	Endowment	Unrestricted	Total
	funds	funds	funds
	2022	2022f	2022 E'
Tangible fixed assets	900,000		900,000
Fixed asset investments		222,254	222,254
Current assets	780	23,556	24,336
Creditors due within one year		(2,016)	(2,016)
Ttl	900,780	243,794	1,144,574