THE ROGER EDWARDS EDUCATIONAL TRUS[
REpoKfAND FINANCIAL sTATEME￿￿s
FOR THE YEAR ENDED 31 MARCH 2022

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|||Note||2022||2021|
|---|---|---|---|---|---|---|
|||||I|||
|INCOMING RESOURCES|||||||
|Investment<br>Income||||34386||42,045|
|Other incoming resources||||233,5$3||29,324|
|TOTAL INCOMING RESOURCES||||267,969||71,369|
|EXPENDITURE|||||||
|Property expenses<br>Management<br>and administration<br>Professional<br>fees||||257326<br>919<br>2,650||69,854<br>849<br>4,606|
|Grants payable||||17,052||11,714|
|Payable to Monmouthshire<br>Farm School Endowment||Trust||4,716|||
|TOTAL EXPENDITURE||||282,663||87,023|
|NET (EXPENDITURE)/ INCOME AND NET MOVEMENT|||||||
|IN FUNDS BEFOREGAINS AND LOSSESON|||||||
|INVESTMENTS AND FIXEDASSETS||||(14,694)||/15,6543|
|Net Gains/(Losses)<br>on fixed assets||||987,408|||
|Net Gains /(Losses) on mvestment|assets|||126,273||2/0, 414|
|NET MOVEMENT IN FUNDS||||1,098,987||194,760|
|NET FUNDS FOR THE FINANCIAL YEAR|||5|1,098887|f|194,760|





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||||Note||2022|||2021|
|---|---|---|---|---|---|---|---|---|
||||||f||||
|FIXEDASSETS|||||||||
|Property,<br>plant and equipmcnt||||||1,178,000||1,603,000|
|Investments<br>held as fixed|assets|||||2,609,232||1,357,287|
|||||||3,787,232||2,960,287|
|CURRENT ASSETS|||||||||
|Debtors||||9|97,742|||128,904|
|Cash at bank and in hand|||||279,088|||52,543|
||||||376,830|||181,447|
|CREDITORS: Amounts|faUing due within|one year|10||231,597|||19,555|
|NET CURRENT ASSETS||||||145~3||161,892|
|NET ASSETS|||||6|3,932,465|6|3,122,179|
|RESTRICTED RESERVES|||||||||
|Revaluation<br>reserve|||(see page|8)||151,023||448,714|
|Endowment<br>Funds|||(see page|8)||3,781,442||2,673,465|
|TOTAL FUNDS||||||3,932,465|6|3,122,179|





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|At 31 March|2020|and|I April|2020|
|---|---|---|---|---|
|Profit for the|year||||
|At 31 March|2021|and|I Apnl|2021|
|Profit for th«year|||||
|COIP Accumulation||unrts remvested|||
|Revaluauon|value|ofproperty||sold|
|At 31 March|2022||||



|TRUST<br>UITY<br> 2022|TRUST<br>UITY<br> 2022|||
|---|---|---|---|
|Revaluatloa||Retained|Total|
||reserve|earainas|equity|
||E|t|E|
||448,714|2.478.705|2,927.419|
|||194,760|194,760|
||448,714|2,673,465|3,122,179|
|||1,098.987|1,098,987|
|||8,990||
||(297,691)||(297,691)|
|f.|151,023 E|3,781,442 E|3,932,465|





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|||2022|2021|
|---|---|---|---|
|Interest on|Cash Deposits|116|32|
|Dividends|received fium COIF Charity Funds|34,270|42,073|
|||34,386|42,045|





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|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||||||||||f|
||Rents|||||||33,578|29,324|
||Dilapidations|settlement||received||||200,000||
||Amazon<br>donation|||||||5||
|||||||||233,583|29,324|
|4.|PROFESSIONAL FEES|||||||||
|||||||||2022|2021|
||||||||||f|
||Professional|fees|—chartered||surveyors|lease dilapidations||1,500|3,336|
||Professional|fees|—grazing||licence||||240|
||Independent|exanunation||ofthe financial|||statements|1,150|1,030|
|||||||||2,650|4,606|
|5.|GRANTS PAYABLE|||||||||
|||||||||2022|2021|
|||||||||f|f|
||Total grants|payable||||||17,052|11,714|



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|PR|OPERTY, PLANT AND EQUIPMENT||||
|---|---|---|---|---|
|||Freehokl||Total|
|||Land &|||
|||Buildings|||
|Valuation|||||
|At|1 April 2021|1,603,000||1,603,000|
|Dtsposals||(425,000)||(425,000)|
|At|31 March 2022|1,178,000||1,178,000|
|Depreciation|||||
|At|31 March 2022||||
|Net BookAmounts|||||
|At|31 March 2022|f 1,178,000|f|1,178,000|
|At|31 March 2021|f 1,603,000|f|1,603,000|





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|INVESTM|ENTS HELD AS FIXEDASSETS||||
|---|---|---|---|---|
|||COIF|||
|||Charity|||
|||Funds||Total|
|||E|||
|Cost or valuation|||||
|At<br>1 April|2021|1,357,287||1,357,287|
|Additions||2,423,740||2,423,740|
|Revaluation|(loss)!gain|(482,669)||(482,669)|
|Disposals||(689,126)||(689,126)|
|At 31 March 2022||2,609232||2,609,232|
|Amounts|written off||||
|At 31 March 2022|||||
|Net Book|Amounts||||
|At 31 March 2022||E 2,609,232|E 2,609,232||
|At 31 March 2021||1.357.287|I|1,357,287|



|9.|DEBTORS|DEBTORS|||2022||202I|
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||Amounts|falling due within one year:||||||
||Other debtors||||2,742||33,904|
|||||E|2,742|E|33,904|
||Amounts|falling due after more than|one year:|||||
||Amounts|owed by related companies|(see note 12)||95,000||95,000|
|||||E|95,000||95,000|





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||||||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|
||||||||f||f|
|Share of|income||due to Monmouthshire|Farm School Endowment|Trust||4,716|||
|Approved|grants||payable||||1,970|||
|Other creditors||and accruals|||||224,911||79,555|
|||||||f|231,597|f|19,555|



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