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2023-03-31-accounts

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31MARCH 2023 REPORT FOR THE YEAR ENDED 31MARCH 2023 REPORT FOR THE YEAR ENDED 31MARCH 2023
CHARITY NAME Hodgson's School Foundation
CHARITY NUMBER 526850
ADDRESS Aikton Farm
Aikton
Wigton CA7 OJA
TRUSTEES A M Bragg retired 2022
I W Langley
M Paisley
M Hodgson
RA Graham Chairman
R H Blamire
T H Graham retired 2022
W Betts
W Hewson
Rev TBoddam-Whetham
5Young
MTodd appointed 2023

GENERAL FUND
2023 2022
RECEIPTS
BLACKROCK CHARITIES BOND DIVIDEND 3738.60 3738.60
COIF DIVIDEND 7912.26 7756.87
GRASS LETTING 14166.00 13908.00
WAYLEAVE 215.84 315.84
BANKINTEREST 172.10 27.19
26204.80 25746.50
PAYMENTS
CLERKS FEES 750.00 600.00
TROPHY AND ENGRAVING 37.68 67.67
HIRE OF HALL 35.00 0.00
BUILDING INSURANCE 22743 233.00
BANK CHARGES 73.30 21.60
LETTING AGENCY FEES 850.00 1973.41 834.52 1756.79
24231.39 23989.71
PAYMENTS TO BENEFICIARIES
SCHOOL PRIZES AND BOOKS 576.00 550.00
BIBLESFOR CHILDREN 63.84 0.00
GRANTS TO CHILDREN 5775.00 6150.00
WIGGONBY SCHOOL 19000.00 25414.84 19000.00 25700.00
DEFICIT FOR THE YEAR -1183.45 -1710.29

2023 2022
HSBC COMMUNITY ACCOUNT 70.03 79.53
HSBC BUSINESS MONEY MANAGER 10842.85 12016.80
SCOTTISH WIDOWS 3YEAR TERM ACCOUNT 15000.00 15000.00
SCOTTISH WIDOWS 7 DAY NOTICE ACCOUNT 9600.00 9600.00
INVESTMENTS AT COST
9163.8 COIF INCOME UNITS 88000.00 88000.00
10482.18BLKCHARITIES UK BOND FUND 20000.00 20000.00
NET ASSETS 143512.88 144696.33
REPRESENTED BY
OPENING BALANCE GENERAL FUND 92724.15 94434.44
DEFICIT FOR THE YEAR -1183.45 -1710.29
CLOSING BALANCE GENERAL FUND 91540.70 92724.15
OPENING BALANCE RESTRICTED FUND 51972.18 51972.18
SURPLUS FOR THE YEAR 0.00 0.00
CLOSING BALANCE RESTRICTED FUND 51972.18 51972.18
NET ASSETS 143512.88 144696.33
The restricted fund is5197income shares in COIF.
The valuation
ofthis fund at 31 March
is 97235 101203
TOTAL NET ASSETSAT VALUATION AT 31 MARCH 2023 2022
CASH BALANCES AS ABOVE 35513 36696
114ACRES SCHOOL FARM WIGGONBY REVISED VALUE (EST) 684000 684000
14523.24 SHARES COIF VALUATION 271783 282818
62310.293SHARES BLKCHARITIES UK BOND VALUATION 103285 107589
DEBTOR NET GRASS LETTING INCOME 16543 8579
1111124 1119682