## 

## 



## 

## 

## 

## 

## 



## 

## 

|Trustees|MrJ.J.Drydon (Co-optative),|MrJ.J.Drydon (Co-optative),|Chair|||
|---|---|---|---|---|---|
||Mrs L.A. Gilhespy<br>(Appointed||by the Parish Council of Haydon||Bridge)|
||Mr E. Faulks (Appointed|by the Parish Council ofHaydon Bridge)||||
||Mrs K.Richardson<br>(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<br>Bridge|||||
||Northumberland|||||
||NE47 6BW|||||
|Clerk to the Trustees|Mr S.Exham|||||
|Accountants|RyecroR Glenton|||||
||Chartered<br>Accountants|||||
||32 Portland Terrace|||||
||Newcastle<br>upon Tyne|||||
||NE2 tQP|||||
|Bankers|HSBC Bank Pic|||||
||Fore Street|||||
||Hexham|||||
||Northumberland|||||
||NE46 1LY|||||
|Solicitors|Brewin Dolphin|||||
||Time Central|||||
||Gallowgate|||||
||Newcastle<br>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<br>and legacies|||||1,720|1,720|1,720|
|Charitable<br>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<br>on:||||||||
|Charitable<br>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<br>in funds|||||(4.566)|(4,566)|14,553|
|Reconciliation<br>offunds:||||||||
|Total funds brought|forward|||900,780|243,794|1,144,574|1,130,021|
|Net movement<br>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<br>6|investment<br>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<br>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<br>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<br>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<br>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<br>Ltd Gresham|||HS UK|4,019||
|Royal London Sustainable|LDRS||TST|10,367||
|JP Morgan<br>Fund ICVC Macro Opportunities||||4,361||
|ISHARES Physical Metals|PLC|||2,710||
|HICL Infrastructure<br>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<br>5|
|---|---|
|2,520|2,016|





## 

## 

## 

|Statement offunds|- current|year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at 1||||Gainsi|31 March|
|||April 2022<br>8|Income<br>8|Expenditure|f|(Losses)<br>8|2023<br>8|
|Unrestricted<br>funds||||||||
|Designated<br>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<br>funds||||||||
|Endowment<br>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<br>funds|||||||
|Designated<br>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<br>funds|||||||
|Endowment<br>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<br>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|



##