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2022-03-31-accounts

Page
Report ofthe Trustees 1 to 4
Independent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 16

for t he year ended 31Ilarch 2022
2022 2021
Unrestricted Total
funds funds
Notes
INCOME AND ENDOWMENTS FROM
Charitable
activities
Charitable
activities		 159,027 158,890
investment
income		 13,465 'f5,665
Total 172,492 174,555
EXPENDITURE ON
Raising funds 39,066 6,863
Charitable
activities
Charitabie
activities		 68,169 67,923
Total 107,235 74,786
Net gains/(losses)
on investments		 (32,894) 144,136
NET INCOME 32,363 243,905
RECONCILIATION
OF FUNDS
Total funds brought
forward		 1,855,995 1,612,090
TOTAL FUNDS CARRIED FORWARD 1,888,358 1,855,995

BALANCE SHEET
31 Ilarch 2022
2022 2021
Unrestricted Total
funds funds
Notes E E
FIXEDASSETS
Tangible assets
Investments		 403,494
1,123,854		 403,494
900,965
1,527,348 1,304,459
CURRENT ASSETS
Debtors
Cash at bank and		 in hand 156,175
268,766		 98,536
506,103
424,941 604,639
CREDITORS
Amounts
falling due within one year		 10 (63,931) (53,103)
NET CURRENT ASSETS 361,010 551,536
TOTAL ASSETS LESSCURRENT
LIABILITIES 1,888,358 1,855,995
NET ASSETS 1,888,358 1,855,995
FUNDS
Unrestricted
funds		 1,888,358 1,855,995
TOTAL FUNDS 1,888,358 1,855,995

INVESTMENT INCOME
2022 2021
Income from listed investments
Deposit account interest		 13,449
16		 11,307
583
Interest receivable
on loan		 to subsidiary 3,775
13,465 15,665
RAISING FUNDS
Investment
management		 costs
2022 2021
E
Portfolio management
Interest not recoverable		 13,756
25,310		 6,863
39,066 6,863

2021 2020
F
Trustees' expenses 261 588
STAFF COSTS
The average monthly number ofemployees during the year was as follows:
2022 2021
Administration 1 1

COMPARATIVES F ORTHE ST ATEINENT OF FINANCIAL ACT IVITIES
Unrestricted
funds
INCOME AND ENDOWMENTS FROM
Charitable
activities
Charitable
activities		 158,890
Investment
income		 15,665
Total 174,555
EXPENDITURE ON
Raising funds 6,863
Charitable
activities
Charitable
activities		 67,923
Total 74,786
Net gains on investments 144,136
NET INCOME 243,905
RECONCILIATION OF FUNDS
Total funds brought forward 1,612,090
TOTAL FUNDS CARRIED FORWARD 1,855,995

TANGIBLE FIXEDASSETS
Fixtures
Freehold Plant and and
property machinery
f		 fittings Totals
COST
At 1 April 2021 and 31 March 2022 403,490 38,787 10,927 453,204
DEPRECIATION
At 1 April 2021 and 31 March 2022 38,785 10,925 49,710
NET BOOKVALUE
At 31 March 2022 403,490 2 403,494
At 31 March 2021 403,490 2 403,494

for the y
FIXEDASSET INVESTMENTS		 ear ended 31Ilarch 2022
2022 2021
E
Shares
Loans		 1,015,074
108,780		 761,097
139,868
1,123,854 900,965
Shares in
gIoup Listed
undertakings investments Totals
F
MARKET VALUE
At 1 April 2021 100 760,997 761,097
Additions 255,783 255,783
Revaluations (1,806) (1,806)
At 31 March 2022 100 1,014,974 1,015,074
NET BOOK VALUE
At 31 March 2022 100 1,014,974 1,015,074
At 31 March 2021 100 760,997 761,097
Loans to
group
undertakings
E
At 1 April 2021
Other movements		 139,868
(31,088)
At 31 March 2022 108,780
Shares
in
group Listed
undertakings investments Totals
E F E
Valuation
Valuation
Cost		 in
in		 2022
2021		 100 (1,806)
144,136
872,644		 (1,806)
144,136
872,744
100 1,014,974 1,015,074

NOTE NOTE S TO THE FINANCIAL STATEIIENTS -continu
for the year ended 31 March 2022		 S TO THE FINANCIAL STATEIIENTS -continu
for the year ended 31 March 2022		 ed
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
Trade debtors
Other debtors		 128,326 47,859
25,310
Amounts
due from
Service Charge Fund
VAT
Prepayments		 22,040
2,989
2,820		 22,734
194
2,439
156,175 98,536
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021
Trade creditors
Other creditors
Accruals and deferred		 income 10,082
9,533
44,316		 754
9,533
42,816
63,931 53,103
MOVEMENT
IN FUNDS
Net
movement. At
At 1.4.21 in funds 31.3.22
Unrestricted
funds
General fund
Designated
fund		 1,576,944
279,051		 32,363 1,609,307
279,051
1,855,995 32,363 1,888,358
TOTAL FUNDS 1,855,995 32,363 1,888,358

Net mov ement in funds, included in the above are as follow s:
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
General
fund		 funds 172,492 (107,235) (32,894) 32,363
TOTAL FUNDS 172,492 (107,235) (32,894) 32,363

Net
movement At
At 1.4.20 in funds 31.3.21
E
Unrestricted funds
General fund 1,333,039 243,905 1,576,944
Designated fund 279,051 279,051
1,612,090 243,905 1,855,995
TOTAL FUNDS 1,612,090 243,905 1,855,995
Compar ative net movement
in fu		 nds,
included
in the above		 are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
E E
Unrestricted funds
General fund 174,555 (74,786) 144,136 243,905
TOTAL FUNDS 174,555 (74,786) 144,136 243,905
A curren t ye ar 12 months
and prior year		 12months
combined
position is a		 s follows:
Net
movement At
At 1.4.20 in funds 31.3.22
Unrestricted funds
General fund 1,333,039 276,268 1,609,307
Designated fund 279,051 279,051
1,612,090 276,268 1,888,358
TOTAL FUNDS 1,612,090 276,268 1,888,358
above a
re as

follows:
,
Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted funds
General fund 347,047 (182,021) 111,242 276,268
TOTAL FUNDS 347,047 (182,021) 111,242 276,268