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