# ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Endowment|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||funds|funds|funds|funds| |||Note|2023f|2023f|2023f|2022| |Income and endowments|from:|||||| |Investments||||444,622|444,622|433,613| |Other income||||12,533|12,533|8,574| |Total income and endowments||||457,155|457,155|442,187| |Expenditure
on:||||||| |Raising funds||||25,763|25,763|38,829| |Charitable
activities||||431,392|431,392|405,358| |Total expenditure||||457,155|457,155|442,187| |Net income before net losses on||||||| |investments||||||| |Net losses on investments||11|(173,639)||(173,639)|(245,157)| |Net movement
in funds|||(173,639)||(173,639)|(245,157)| |Reconciliation
offunds:||||||| |Total funds brought
forward|||7,171,325||7,171,325|7,416,482| |Net movement
in funds|||(173,639)||(173,639)|(245,157)| |Total funds carried forward|||6,997,686||6,997,686|7,171,325| ## ## ||||AS AT 31|MARCH 2023|||| |---|---|---|---|---|---|---|---| ||||||2023||2022| ||||Note||6||5| |Fixed assets|||||||| |Investments|||13||2,426,393||2,545,313| |Investment
property|||12||4,540,000||4,540,000| ||||||6,966,393||7,085,313| |Current assets|||||||| |Debtors|||14|61,206||318,581|| |Cash at bank and|in|hand||179,085||32,263|| |||||240,291||350,944|| |Creditors: amounts||falling due within one|||||| |year|||15|(208,998)||(254,932)|| |Net current assets|||||31,293||85,012| |Total assets less|current liabilities||||6,997,686||7,171,325| |Total net assets|||||6,997,686||7,171,325| |Charity funds|||||||| |Endowment
funds|||17||6,997,686||7,171,325| |Total funds|||||6,997,686||7,171,325| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Restricted|Total| |---|---|---|---|---|---| |||||funds|funds| |||||2023f|2023f| |Rent receivable||||364,200|364,200| |Dividends|and interest on investment|||79,736|79,736| |Bank deposit interest||||686|686| |||||444,622|444,622| |||||Restricted|Total| |||||funds|funds| |||||2022f|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| |Other incoming||resources|||| |||||Restricted|Total| |||||funds|funds| |||||2023|2023| |Reimbursement||of insurance|premiums|12,533|12,533| ## ## ## ## ## |Restricted|Tolsl| |---|---| |funds|funds| |2022|2022| |8,574|8,574| ## |||||Restricted|Total| |---|---|---|---|---|---| |||||funds|funds| |||||2023f|2023
F| |Investment||management|fees|12,546|12,546| |Outgoings|on investment||properties|13,217|13,217| |||||25,763|25,763| |||||Restricted|Total| |||||funds|funds| |||||2022f|2022| |Investment||management|fees|13,535|13,535| |Outgoings|on investment||properties|23,293|23.293| |||||36,829|35,829| |||||2023f|2022f| |Outgoings||on properties|||| |Insurance||||12,533|8,962| |Property|repairs|||684|145| |Rates|||||7,986| |Professional||charges|||6,200| |||||13,217|23,293| ## ## ## |||||Grants to|Total| |---|---|---|---|---|---| |||||Institutions|funds| |||||2023|2023| |||||E|| |Payment|ofgrants|to|institutions|404,623|404,623| |||||Grants to|Total| |||||Institutions|funds| |||||2022|2022| |Payment|ofgrants|to|institutions|381,328|381,328| |The charity has made the fo|llowin|g
material
gran|ts to|ins|titutions
during
the y|ear:|| |---|---|---|---|---|---|---|---| |||||||2023|2022| |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||213,708|201,362| |The Trustees ofthe Almshouses||Charity||||189,515|178,566| |||||||404,623|381,328| ## |||||||Restricted|| |---|---|---|---|---|---|---|---| |||||||funds|Total| |||||||2023|2023| |||||||K|| |Direct|costs|-|Grant|making|activities|431,392|431,392| ## ## ## |Restricted|| |---|---| |funds|Total| |2022|2022| |5|| |405,358|405,358| ## |Grant||| |---|---|---| |funding
of|Support|Total| |activities|costs|funds| |2023|2023|2023| |404,623|26,769|431,392| |Grant||| |---|---|---| |funding ol|Support|Total| |activities|costs|funds| |2022|2022|2022| |||5| |381,328|24,030|405,358| ## |||||Total| |---|---|---|---|---| ||||Activities|funds| ||||2023|2023| ||||6|6| |Bank charges|||341|341| |Clerk's fees|||11,250|11,250| |Professional|charges||6,267|6,267| |Governance|costs||8,550|8,550| |Trustees'
indemnity||insurance|361|361| ||||26,769|26,769| ## ## ## ## |Analysis
of|support|costs|(continu|ed)|||| |---|---|---|---|---|---|---|---| ||||||||Total| |||||||Activities|funds| |||||||2022|2022| |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| |Governance|costs comprise:||||||| |||||||2023|2022| |||||||8|| |Governance|auditors'|remuneration||||4,800|4,700| |Clerk's fees||||||3,750|3,750| |||||||8,550|8,450| |Auditors'
remuneration|||||||| |||||||2023|2022| |||||||8|| |Fees payable|to the|charity's|auditor|for the audit ofthe charity's|annual||| |accounts||||||4,800|4,700| |Fees payable|to the|charity's|auditor|in respect of:|||| |VAT and other professional|||services|||1,405|2 154| ## ## ## ## |Net gains/(los|ses)
on invest|ments|||||| |---|---|---|---|---|---|---|---| |||||||2023f|2022| |(Losses)/gains|on disposal of|share|investment|assets||(14,170)|758| |(Losses)/gains|on revaluations|ofshare investment|||assets|(159,469)|167,499| |Losses on revaluations
of investment|||properties||||(413,414)| |||||||(173,639)|(245,157)| ## ||Freehold| |---|---| ||investment| ||propertyf| |Valuation|| |At 1 April 2022|4,540,000| |At 31 March 2023|4,540,000| ## ## ## |||||||Other fixed|| |---|---|---|---|---|---|---|---| ||||||Listed|asset|| ||||||investments|investments|Total| ||||||5|K|E| ||Cost or valuation||||||| ||At 1 April 2022||||2,484,377|60,936|2,545,313| ||Additions||||144,811|21,509|166,320| ||Disposals||||(125,771)||(125,771)| ||Revaluations||||(159,469)||(159,469)| ||At 31 March 2023||||2,343,948|82,445|2,426,393| ||Net book value||||||| ||At 31 March 2023||||2,343,948|82,445|2,426,393| ||At 31March 2022||||2,484,377|60,938|2,545,313| |14.|Debtors||||||| |||||||2023|2022| |||||||E|| ||Due within one year||||||| ||Rent and insurance|debtors||||53,221|152,874| ||Other debtors||||||70,000| ||Due from Endowment||fund to Restricted|fund|||83,414| ||Prepayments
and|accrued income||||7,985|12,393| |||||||61,206|318,681| ## ## ## ||||||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||||E|E| |Due from|Endowment||fund|to Restricted||fund||||||83,414| |The Hospital||ofSt Mary the||Virgin Almshouses||||Charity|||36,775|22,570| |Other taxation||and social security|||||||||27,953|29,549| |The Newcastle
upon Tyne||||Royal Grammar|||School||||46,470|29,452| |Accruals|and|deferred|income||||||||97,800|99,947| ||||||||||||208,998|264,932| |Included|in|accruals|and|deferred|income|||above|is deferred|income|of E84,430 (2022: E84,430|| |representing||rental income||received|in advance.|||||||| |Financial|instruments|||||||||||| ||||||||||||2023
E|2022
f| |Financial|assets|||||||||||| |Financial|assets measured|||at fair value||through||income and expenditure|||2,343,948|2,484,377| ## ## ## |Statement||offunds - current y|ear|||||| |---|---|---|---|---|---|---|---|---| |||||||||Balance at| ||||Balance at 1||||Gainsl|31 March| ||||April 2022f|Income
F.|Expenditure|f|(Losses)f|2023f| |Endowment||funds||||||| |Endowment||Funds|7,171,325||||(173,639)|6,997,686| |Restricted||funds||||||| |Restricted|Funds|||457,155|(457,155)|||| |Total offunds|||7,171,325|457,155|(457,155)||(173,639)|6,997,686| |Statement||offunds - prior year||||||| |||||||||Balance at| ||||Balance at||||Gains|31 March| ||||1 April 2021|income|Expenditure||(Losses)|2022f| |Endowment||funds||||||| |Endowment||Funds|7,418,482||||(245,157)|7,171,325| |Restricted||funds||||||| |Restricted|Funds|||442,187|(442,187)|||| |Total offunds|||7,418,482|442,187|(442,187)||(245,157)|7,171,325| ## ## ## ## ## ## |Analysis of net assets between funds - cur|rent year||| |---|---|---|---| ||Endowment|Restricted|Total| ||funds|funds|funds| ||2023f|2023f|2023| |Fixed asset investments|2,426,393||2,426,393| |Investment
property|4,540,000||4,640,000| |Current assets|31,293|208,998|240,291| |Creditors due within one year||(208,998)|(208,998)| |Total|6,997,686||6,997,686| ## |Analysis
of net assets between funds - prio|r year||| |---|---|---|---| ||Endowment|Restricted|Total| ||funds|funds|funds| ||2022|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)| |Ttl|7,171,325||7,171,325| ## ##