2022-03-31-accounts - Swallowdale Children's Trust

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			Notes	Restricted Total	Restricted Total
				Funds 2022	Funds 2021
				E	E
INCOME AND EXPENDITURE
Income and Endowments
Investment income				20,968	19,154
Other incoming resources				12000	12000
Total Incoming Resources				32968	31154
Expenditure
Investment management	cost			2,082	1,809
Charitable activities				57,260	47,994
Governance costs				11889	9919
Total Expenditure				71231	59722
Net (outgoings) before	other
recognised gains and losses				(38,263)	(28,568)
OTHER RECOGNISED GAINS AND LOSSES
Gains on investment
Net realised gains				2,683	3,822
Net unrealised (losses)/	gains			36323	221487
NET MOVEMENT IN FUNDS				743	196,741
Reconciliation of Funds
Fund balances brought	forward	1st April 2021		1052845	856104
Fund balances carried forward		at 31st March	2022	1051588	1052845

		BALANCE	SHEET AS AT	31STMARCH 2022
			Notes	2022	2021
				E	E
FIXED ASSETS
Tangible assets				46,666	49,086
Investments				1002854	994455
				1043530	1043541
CURRENT ASSETS
Debtors			8
Cash at bank			10	12594	15624
TOTAL CURRENT ASSETS				12594	15624
LIABILITIES
Creditors: Amounts	falling	due
within one year				(8,536)	(6,320)
Net Current Assets				4058	9304
TOTAL ASSETS LESS	CURRENT LIABILITIES			1053 588	1052 845
The funds ofthe charity:
Restricted income funds				1053 588	~1052845
Total Charity Funds				1053588	1 052 845
Approve by the Board of		Trustees on	l li~j2L	andsignedonitsbehalfby
/ .n,		Trustee
2+~~a		Trustee
The notes on pages	8to 12form part ofthese accounts

INVESTMENT	INCOME			2022	2021
				E	E
Dividend —U.K. Equities,		Overseas Securities and interest		20,967	19,150
Banl& interest				1	4
Gain on foreign currency		exchange rate
				20 968	19154
ANALYSIS OF	EXPENDITURE
INVESTMENT	MANAGEMENT		COSTS
Investment management		fees		2 082	1809
Charitable Activities
Grant making				57 260	47 994
GOVERNANCE	COSTS
Advertising costs				1,200
Depreciation	(note 6)			2,420	2,424
Insurance				837	685
Donation					500
Secretary's Remuneration		—Mrs. A. Alderson		4,450	3,500
Independent	Examiner's	charges (note 5.1)		2,880	2,520
Banl& charges					48
Printing, postage and stationery				75	188
Sundries				27	54
				11889	9919

5.	DETAILS	OF CERTAIN ITEMS OF EXPENDITURE	OF CERTAIN ITEMS OF EXPENDITURE	OF CERTAIN ITEMS OF EXPENDITURE
	5.1	Fees for examination ofthe accounts			2022			2021
					f			f
		Independent	examiner's fees for reporting
		on the accounts			450			450
		Other fees paid to the independent		examiner	2 430		2 070
					2 880		2 520
6.	TANGIBLE ASSETS
				Land and	Furniture	and
				Buildings	Equipment		Total
	Cost:			f	F		f
	Balance	at 1st April 2021
	and 31st March 2022			120953	13160		134	113
	Depreciation:
	Brought	forward at 1st April 2021		72,000	13,027		85,027
	Charge	for the year		2 400	20		2	420
	Carried	forward at 31st March 2022		74400	13047		87	447
	Net book value as at		31st March 2022	46 553	113		46	666
	Net book value as at		31st March 2021	48 953	132		49	086
	Depreciation rate			2%SL	15%RB

		NOTES TO THE ACCOUNTS CONTINUED	NOTES TO THE ACCOUNTS CONTINUED	NOTES TO THE ACCOUNTS CONTINUED	NOTES TO THE ACCOUNTS CONTINUED	THE YEAR	ENDED 31ST MARCH	2022
	INVESTMENT ASSETS						2022	2021
							E	f
	7.1	Fixed Asset Investments
		Market value 1st April 2021					994,455	794,313
		Additions
		Disposals					(30,598)	(25,167)
		Net realised gains					2,683	3,822
		Net unrealised gains/(losses)					36323	221	487
		Market value 31st March 2022					1002 863	994	455
		Cost as at 31st March 2022					~851928	~879	842
	7.2	Analysis of Investments					IVlarket Value	at year end
		Investments listed on a recognised			stock
		exchange or held in common	investment
		funds, open ended investment		companies,
		unit trusts or other collective	investment
		schemes.					1,002,863	994,455
		Cash held as part ofthe investment			portfolio				518
		Total					1002 864	994	973
	7.3	Material Investment Holdings
		No investments were above the materiality				rate of
		5%ofthe value ofthe portfolio		other than investments			in Unit Trusts,
8.	DEBTORS						2022	2021
	Rent

							2022	2021
							E	f
9.	CREDITORS: AMOUNTS			FALLING		DUE
		WITHIN	ONE YEAR
	Grants payable						1,010
	Secretary's remuneration						1350
							2,360
	Accrued:
	Independent Examiner's			charge			2,700	2,520
	National	Westminster	Bank —Current Account				1,505	2,799
	Credit Card Account						1971	1001
							6,176	6,320
							8536	6320
10.	CASH AT	BANK
	National	Westminster	Bank —Business Reserve Account				12,593	15,106
	Rathbone	investment	Management			—Dealing Account	1	518
							12594	15624
11.	TRUSTEE	EXPENSES AND		REMUNERATION
	No expenses and remuneration				were paid to the trustees.