REPORT SMALL CHARITY 2022
Bosbury Educational Foundation – Charity Number 527140
C/o 4 Morton Cottages Bosbury Herefordshire HR8 1PT
Trustees – Mr Peter Thomas , Mr Sven Bosley, Mr Harold Powles, Mrs Shirley Eyles Secretary/Treasurer – Mrs Nicola Ruddick
The Trustees are recruited from within the Parish as recommended by serving Trustees, from a cross-section of the community (at present they are Farmer/Builder/ Care worker and retired Chartered Surveyor). The Foundations activities are restricted by original trust deed, limited to the financial support of young people living within the Parish who are moving into college education.
The Foundations income is generated from ownership of 4 cottages, a former village school and small area of farmland.
The Foundations expenditures are annual grants to students and maintenance of properties.
Peter Thomas – Chair
Accounts independently audited and approved 04/07/2022
BOSBURY EDUCATIONAL FOUNDATION Charity NO: 527140 Income and Expenditure for year ending 31 December 2021
INCOME
| Rent/Deposits | £ 24237.50 |
|---|---|
| Old Boys school Hire | £ 0 |
| Land Rent | £ 50.00 |
| Bank Interest | £ 13.40 |
| Dividends | £ 2788.56 |
| Total Income | £ 27089.46 |
EXPENDITURE
| Insurance | £ 2388.51 |
|---|---|
| Water/Electricity Old Boys School | £ 478.96 |
| Accounts audit | £ 21.00 |
| Student Grants (including x1 from 2020) | £ 2250.00 |
| Clerks salary & expenses (including 2020 bonus) | £ 970.20 |
| Caretakers salary | £ 175.00 |
| Property upkeep | £ 1695.00 |
| Refurb 1, The Cross | £ 16715.69 |
| Total Expenditure | £ 25344.36 |
Bus Bank Account balance at 31/12/2021 £ 139,826.51 Treasures Account balance at 31/12/2021 £ 8,838.24
Statement of Investments
| COIF Income Shares (units) 4709.35 value | £ 96854.38 |
|---|---|
| COIF Acc interest (units) 564.05 value |
£ 11600.48 |
| Total | £ 108454.86 |
| COIF Deposit Fund | |
| Balance from 2020 | £ 7991.07 |
| Interest | £ .94 |
| Total | £ 7992.01 |