2022-03-31-accounts

				Endowment	Restricted	Total	Total
				funds	funds	funds	funds
			Note	2022f	2022f	2022f	2021f
Income and endowments		from:
Investments					433,613	433,613	432,790
Other income					8,574	8,574	7,767
Total income and	endowments				442,187	442,187	440,557
Expenditure on:
Raising funds					36,829	36,829	20,094
Charitable activities					405,358	405,358	420,463
Total expenditure					442,187	442,187	440,557
Net income before net (losses)/gains
on investments
Net (losses)/gains	on investments			(245,157)		(245,157)	361,862
Net movement in	funds			(245,157)		(245,157)	361,862
Reconciliation of	funds:
Total funds brought	forward			7,416,482		7,416,482	7,054,620
Net movement in funds				(245,157)		(245,157)	3S1,862
Total funds carried forward				7,171,325		7,171,325	7,4/6, 482

				Restricted	Total
				funds	funds
				2022 6	2022f
Rent receivable				355,283	355,283
Dividends	and interest on investment			78,324	78,324
Bank deposit interest				6	6
				433,613	433,613
				Restricted	Total
				funds	funds
				2027	2021f
Rent receivable				362,429	362,429
Dividends	and interest on investment			70,336	70,336
Bank deposit interest				25	25
				432,790	432,790
Other incoming		resources
				Restricted	Total
				funds	funds
				2022f	2022f
Reimbursement		of insurance	premiums	8,574	8,574

							Restricted	Total
							funds	funds
							2021	2021f
	Reimbursement			ofinsurance		premiums	7,767	7,767
6.	Investment		management		costs
							Restricted	Total
							funds	funds
							2022f	2022
	Investment		management		fees		13,536	13,536
	Outgoings	on investment			properties		23,293	23,293
							36,829	36,829
							Restricted	Total
							funds	funds
							2021f	2021f
	Investment		management		fees		12,326	12,326
	Outgoings	on investment			properties		7,768	7,768
							20,094	20,094
							2022f	2021f
	Outgoings		on	properties
	Insurance						8,962	7,768
	Property repairs						145
	Rates						7,986
	Professional		charges				6,200
							23,293	7,768

The charity has made the fo	llowin	g material gran	ts to	ins	titutions during the y	ear:
						2022 f	2021 f
Name of institution
Vicar ofthe Parish ofSaint	Matthew, Newcastle		upon	Tyne under
Regulation 25(1)(a)ofthe	1979	Scheme				400	400
The Governors of Newcastle	upon Tyne Royal Grammar				School payment
under Regulation 25(1)(b)	ofthe	1979Scheme				1,000	1,000
The Governors ofthe Newcastle		upon Tyne Grammar		School		201,362	210,186
The Trustees ofthe Almshouses		Chadity				178,566	186,392
						381,328	397,976

Restricted
funds	Total
2021f	2021f
420,463	420,463

						Grant
						funding of	Support	Total
						activities	costs	funds
						2022f	2022 6	2022f
Direct	costs	-	Grant	making	activities	381,328	24,030	405,358

					Grant
					funding oi	Support	Total
					activities	costs	funds
					2021f	2021f	2021f
Direct	costs	- Grant	making	activities	397,978	22,485	420,463

				Total
			Activities	funds
			2022f	2022f
Bank charges			304	304
Clerk's fees			11,250	11,250
Professional	charges		3,654	3,654
Governance	costs		8,450	8,450
Trustees' indemnity		insurance	372	372
			24,030	24,030

Analysis of	support		costs	(continu	ed)
								Total
							Activities	funds
							2021f	2021f
Bank charges							306	306
Clerk's fees							10,937	10,937
Professional	charges						2,499	2,499
Governance	costs						8,371	8,371
Trustees' indemnity		insurance					372	372
							22,485	22,485
Governance	costs comprise:
							2022 f	2021
Governance	auditors'		remuneration				4,700	4,475
Clerk's fees							3,750	3,646
Governance	Trustees'		remuneration					250
							8,450	8,371
Auditors' remuneration
							2022f	2021f
Fees payable	to the	charity's		auditor	for the audit ofthe charity's	annual
accounts							4,700	4,475
Fees payable	to the	charity's		auditor	in respect of:
VAT and other professional				services			2,154	1,899

Net gains/(los	ses) on invest	ments
						2022f	2021f
Gains/(losses)	on disposal of	share	investment	assets		758	6,997
Gains/(losses)	on revaluations	ofshare investment			assets	187,499	354,865
Losses on revaluations of investment			properties			(413,414)
						(245,157)	361,862

	Freehold
	investment
	propertyf
Valuation
At 1 Apdil 2021	4,940,000
Additions	13,414
Deficit on revaluation	(413,414)
At 31 March 2022	4,540,000

	FOR THE Y	FOR THE Y	FOR THE Y	E	AR	ENDED 31	MARCH 2022
13.	Fixed asset investments
								Other fixed
							Listed	asset
							investments	investments	Total
							6	6	6
	Cost or valuation
	At 1 April 2021						2,303,643	89,429	2,393,072
	Additions						13,235	(28,493)	(15,258)
	Revaluations						167,499		167,499
	At 31 March 2022						2,484,377	60,936	2,545,313
	Net book value
	At 31 March 2022						2,484,377	60,936	2,545,313
	At 31March 2021						2,303,643	89,429	2,393,072
14.	Debtors
								2022 6	2021f
	Due within one year
	Rent and insurance	debtors						152,874	172,554
	Other debtors							70,000	50,965
	Due from Endowment		fund to Restricted	fund				83,414	49,812
	Prepayments and accrued income							12,393	10,599
								318,661	283,931
15.	Creditors: Amounts		falling due within	one		year
								2022 6	2021f
	Due from Endowment		fund to Restricted	fund				83,414	49,812
	Other taxation and social security							29,549	779
	The Newcastle upon		Tyne Royal Grammar		School			29,452	42,058
	The Hospital ofSt Mary the Virgin Almshouses					Charity		22,570	34,636
	Accruals and deferred		income					99,947	100,309
								264,932	227,594

									Balance at
			Balance at 1					Gains/	31 March
			April 2021f	Income f	Expenditure	f		(Losses) f	2022 f
Endowment		funds
Endowment		Funds	7,416,482					(245,157)	7,171,325
Restricted		funds
Restricted	Funds			442,187	(442,187)
Total offunds			7,416,482	442,187	(442,187)			(245,157)	7,171,325
Statement		offunds - prior year
									Balance at
			Balance at					Gainst	31March
			1April 2020f	Income f	Expenditure		f	(Losses)f	2021
Endowment		funds
Endowment		Funds	7,054,620					361,662	7,416r462
Restricted		funds
Restricted	Funds			440,557	(440,557)
Total offunds			7,054,S20	440,557	(440,557)			361,862	7,416,482

Analysis ofnet assets between funds Analysis ofnet assets between funds - current year
	Endowment	Restricted	Total
	funds	funds	funds
	2022f	2022f	2022f
Fixed asset investments	2,545,313		2,545,313
Investment property	4,540,000		4,540,000
Current assets	169,426	181,518	350,944
Creditors due within one year	(83,414)	(181,518)	(264,932)
Total	7,171,325		7,171,325
Analysis ofnet assets between funds - prior year
	Endowment	Restricted	Total
	funds	funds	funds
	2021f	2021f	2021f
Fixed asset investments	2,393,072		2,393,072
Investment property	4,940,000		4,940,000
Current assets	133,222	177,782	311,004
Creditors due within one year	(49,812)	(177,782)	(227,594)
	7,416,482		7,416,482