2022-12-31-accounts

Charity no: 525315

STEEPLE HOUSE, STEEPLE LANE, BRECON LD3 7DJ

Trustees’ Annual Report, Year Ending December 2022

In the year 2022, a total of 38 grants were awarded to young people of Brecon to help them with their academic or vocational studies either at university or college or in an apprenticeship, in accordance with the terms of the trust. The total value of these grants was £11,130. The young people were all aged between 16 and 24.

Rent from the o�ces and shop provide the main source of income. There was no change in tenants throughout the year, and all o�ces were occupied.

No major maintenance was needed on the building, but routine repair and repainting jobs have been done as and when necessary. The cellar was also painted.

The accounts show a decrease in the end of year surplus compared with the previous year; this is due to unrealised losses from investments.

OMOOOEDMUMD JONES CHARITY ACCOUNTS FOR THE YEAR ENDIMC 31st December 2022 Income & Expenditure Alc for the yr ended 31.12.22 INCOME 2022 2021 Rents offices Rent shop Ssrvice Charges Bank Interest and other income Donab"on in lieu of Service Charge Interest from Investments Un[e￿iSed g￿nS from investments £20,949.88 £7,500.00 £5,479.50 £66.92 £0.00 £1,772.65 £0.00 £35,768.95 £20,957.91;, £7,500.OOj £3,105.00,, £i,000.oo' £1,727.25;, £8,365.471 £42,657.14, EXPENDITURE Grants to beneficiaries Repairs & Mtce to Propety Heating and Ilghting Cleaner's wages and materials Water Insurances Management Expenses Incl supplies Independent Examiner Legal lees etc Un[e￿iSed losses from Invesments £11,130.00 £2,790.43 £5,486.19 £3,275.01 £1,573.51 £1,152.17 £4,919.65 £250.00 £0.00 £7,798.43 £38,375.39 -£2,606.44 £94,953.72 £92,347.28 £11,306.001 £1,609.17,, £3,512.24,, £3,307.47j £1,520.24;, £1,033.001 £4,919.94, £250.00;, -£50.001 £27,408.06,, £15,249.081 £79,704.64 £94,953.72,, SurpluslDelicit lor the year.. Surplus brought forward 1st Jan 2022 Surplus at 31st December 2022 Balance Sheet as at 31st December 2022 FIXED ASSETS £380,000.00 £59,282.15 £380,000.001 £67,080.58 COIF (at cost £35047.50,. 3266.36 shares held) bid market value at 31st Dec 2022 1814.931 CURRENT ASSETS Sundry Debtors & Payments in advance Cash in hand-at bank -officers £2,466.21 £30,979.04 £17.56 £1,824.381 £26,434.97,, less Sundry Creditors & Receipts in advance £397.68 £472,347.28 £437.13;, £474,953.72; REPRESENTED BY',- Capital Provisions Surrplus ar 31st December 2023 £380,000.00 £380,000.001 £92,347.28 £94,953.72, £472,347.28 £474,953.72;, I have examined the above Balance Sheet and Income & Èxpenditure Account with the books and vouchers, and have obtained all the information and explanations I have sought. No service charge was written into J Timothy's lease, so her suucessor is at an advantage compared with the other office tenants. In my opinion, the accounts are properly drawn up so as to give a f￿r reflection of the Charity's Affairs lor the year ended 31st December 2022. P W Jenkins Independent Examiner 100223111

OMOOOEDMUMD JONES CHARITY ACCOUNTS FOR THE YEAR ENDIMC 31st December 2022 Income & Expenditure Alc for the yr ended 31.12.22 INCOME 2022 2021 Rents offices Rent shop Ssrvice Charges Bank Interest and other income Donab"on in lieu of Service Charge Interest from Investments Un[e￿iSed g￿nS from investments £20,949.88 £7,500.00 £5,479.50 £66.92 £0.00 £1,772.65 £0.00 £35,768.95 £20,957.91;, £7,500.OOj £3,105.00,, £i,000.oo' £1,727.25;, £8,365.471 £42,657.14, EXPENDITURE Grants to beneficiaries Repairs & Mtce to Propety Heating and Ilghting Cleaner's wages and materials Water Insurances Management Expenses Incl supplies Independent Examiner Legal lees etc Un[e￿iSed losses from Invesments £11,130.00 £2,790.43 £5,486.19 £3,275.01 £1,573.51 £1,152.17 £4,919.65 £250.00 £0.00 £7,798.43 £38,375.39 -£2,606.44 £94,953.72 £92,347.28 £11,306.001 £1,609.17,, £3,512.24,, £3,307.47j £1,520.24;, £1,033.001 £4,919.94, £250.00;, -£50.001 £27,408.06,, £15,249.081 £79,704.64 £94,953.72,, SurpluslDelicit lor the year.. Surplus brought forward 1st Jan 2022 Surplus at 31st December 2022 Balance Sheet as at 31st December 2022 FIXED ASSETS £380,000.00 £59,282.15 £380,000.001 £67,080.58 COIF (at cost £35047.50,. 3266.36 shares held) bid market value at 31st Dec 2022 1814.931 CURRENT ASSETS Sundry Debtors & Payments in advance Cash in hand-at bank -officers £2,466.21 £30,979.04 £17.56 £1,824.381 £26,434.97,, less Sundry Creditors & Receipts in advance £397.68 £472,347.28 £437.13;, £474,953.72; REPRESENTED BY',- Capital Provisions Surrplus ar 31st December 2023 £380,000.00 £380,000.001 £92,347.28 £94,953.72, £472,347.28 £474,953.72;, I have examined the above Balance Sheet and Income & Èxpenditure Account with the books and vouchers, and have obtained all the information and explanations I have sought. No service charge was written into J Timothy's lease, so her suucessor is at an advantage compared with the other office tenants. In my opinion, the accounts are properly drawn up so as to give a f￿r reflection of the Charity's Affairs lor the year ended 31st December 2022. P W Jenkins Independent Examiner 100223111