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|CONTENTS|||PAGE|
|---|---|---|---|
|Trustees'
Annual
Report|||1-4|
|Independent|Examiner's|Report||
|Statement
of|Financial Activities|||
|Balance Sheet||||
|Notes forming|part ofthe|Financial Statements|8-12|
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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|
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|||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|||||
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|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|
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|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|FOR|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||||||||||
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||||||||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.||||
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