| Unrestricted | Restricted | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| Notes | 2023 E |
2023 E |
2023 5 |
2023 | 2022f | |||
| Ittggtge fmrmi | ||||||||
| Donations and legacies |
3 | 194 | ||||||
| Income from chaditable | activities | 4 | 176,826 | 176,826 | 212,745 | |||
| Investments | 5 | 36,246 | 13,542 | 49,788 | 34,417 | |||
| Total Income | 213,072 | 13,542 | 226,614 | 247,356 | ||||
| Eaftagfutttfa. m: | ||||||||
| Raising funds | 4,141 | 4,141 | 4,424 | |||||
| Charitable activities |
7 | 191,428 | 191,428 | 169,719 | ||||
| Total resources expended | 191,428 | 4,141 | 195,569 | 174,143 | ||||
| Net gains/(losses) | on investments | 12 | (497) | (122,555) | (123,052) | (33,205) | ||
| Net incoming/(outgoing) | resources | 21,147 | 13,542 | (126,696) | (92,007) | 40,008 | ||
| Other recognised | gains and losses | |||||||
| Revaluation oftangible |
fixed assets | 60,000 | ||||||
| Net movement in |
funds | 21,147 | 13,542 | (126,696) | (92,007) | 100,008 | ||
| Fund balances at 1 September 2022 | 804,621 | 77,422 | 3,665,060 | 4,547,103 | 4,447,095 | |||
| Fund balances at | 31August 2023 | 825,768 | 90,964 | 3,538,364 | 4,455,096 | 4,547,103 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | E | E | ||||
| Fixed assets | ||||||
| Tangible assets | 14 | 140,000 | 140,000 | |||
| Investment properties |
15 | 2,260,001 | 2,360,001 | |||
| Investments | 16 | 1,144,463 | 1,171,655 | |||
| 3,544,464 | 3,671,656 | |||||
| Current assets | ||||||
| Debtors | 18 | 36,210 | 41,643 | |||
| Investments | 19 | 1 | 1 | |||
| Cash at bank and in | hand | 921,825 | 869,719 | |||
| 958,036 | 911,363 | |||||
| Creditors: amounts | falling due within | |||||
| one year | 20 | (47,404) | (35,916) | |||
| Net current assets | 910,632 | 875,447 | ||||
| Total assets less current liabilities | 4,455,096 | 4,547,103 | ||||
| Capital funds | ||||||
| En w s- |
eneral | |||||
| General endowment | funds | 3,478,364 | 3,605,060 | |||
| Revaluation reserve |
60,000 | 60,000 | ||||
| 3,538,364 | 3,665,060 | |||||
| Permanent endowment |
3,035,395 | 3,152,225 | ||||
| Expendable endowment |
502,969 | 512,835 | ||||
| 22 | 3,538,364 | 3,665,060 | ||||
| Income funds | ||||||
| Restricted funds | 21 | 90,964 | 77,422 | |||
| Unrestricted funds |
825,768 | 804,621 | ||||
| 4,455,096 | 4,547,103 | |||||
| The financial statements | were approved | by the Trustees on 21 February 2024 | ||||
| Mr DJ Burrows | ||||||
| Trustee | Trustee |
| 2023 | 2022 | ||
|---|---|---|---|
| 6 | 6 | ||
| Charitable | rental income | 176,514 | 209,305 |
| Service charges | 312 | 3,440 | |
| 176,826 | 212,745 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2023 | 2023 | 2023 | 2022 | ||
| 8 | 6 | 8 | 6 | ||
| Income from listed investments | 11 | 12,301 | 12,312 | 12,568 | |
| Income from unlisted | investments | 19,689 | 19,689 | 19,289 | |
| Interest receivable | 16,546 | 1,241 | 17,787 | 2,560 | |
| 36,246 | 13,542 | 49,788 | 34,417 | ||
| Forthe year ended | 31August 2022 | 20,626 | 13,791 | 34,417 |
| 2023 | 2022 |
|---|---|
| E | E |
| 4,141 | 4,424 |
| 4,141 | 4,424 |
| Property | Prize Fund | Total | Property | ||||
|---|---|---|---|---|---|---|---|
| Rental | Activities | 2023 | Rental | ||||
| 2023 | 2023 | 2022 | |||||
| 6 | 6 | ||||||
| Insurance | 10,058 | 10,058 | 4,271 | ||||
| Prizes | 5,000 | 5,000 | |||||
| Council Tax | |||||||
| 1,536 | 1,536 | ||||||
| Repairs to Coventry Street properties | 63,706 | ||||||
| Repairs to Flats 1-3Coventry Street | 2,432 | ||||||
| Repairs (other) | 1,274 | 1,274 | |||||
| Surveyor and | property consultants | fees | 13,020 | 13,020 | 1,782 | ||
| Rent and lease fees | 2,946 | 2,946 | 2,088 | ||||
| Electricity and gas | 12,900 | 12,900 | 10,736 | ||||
| Professional fees | 750 | 750 | 180 | ||||
| Bank charges | 215 | 215 | |||||
| Sundry | 235 | 235 | |||||
| Letting agent | fees | 5,460 | 5,460 | 8,841 | |||
| 48,394 | 5,000 | 53,394 | 94,036 | ||||
| Grant funding | ofactivities (see note | 8) | 120,000 | 120,000 | 56,000 | ||
| Share ofgovernance | costs (see note 9) | 18,034 | 18,034 | 19,683 | |||
| 186,428 | 5,000 | 191,428 | 169,719 |
| Support | Governance | 2023 | 2022 | ||
|---|---|---|---|---|---|
| costs | costs | ||||
| 8 | 6 | ||||
| Audit fees | 4,890 | 4,890 | 3,800 | ||
| Accountancy | 5,154 | 5,154 | 4,210 | ||
| Legal and | professional | 7,990 | 7,990 | 11,673 | |
| 18,034 | 18,034 | 19,683 | |||
| Analysed | between | ||||
| Charitable | activities | 18,034 | 18,034 | 19,683 |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| general | ||||||
| 2023 | 2023 | 2022 | ||||
| E | 6 | |||||
| Revaluation | ofinvestments | (497) | (22,555) | (23,052) | (68,205) | |
| Revaluation | ofinvestment | properties | (100,000) | (100,000) | 35,000 | |
| (497) | (122,555) | (123,052) | (33,205) | |||
| For the year | ended 31August | |||||
| 2022 | (1,244) | (31,961) | (33,205) |
| Tangible fix | ed assets | |||
|---|---|---|---|---|
| Land and | Oil Painting | Total | ||
| buildings | ||||
| 6 | E | |||
| Cost | ||||
| At 1 September 2022 | 21,209,059 | 140,000 | 21,349,059 | |
| At 31August | 2023 | 21,209,059 | 140,000 | 21,349,059 |
| Depreciation | and impairment | |||
| At 1 September 2022 | 21,209,059 | 21,209,059 | ||
| At 31August | 2023 | 21,209,059 | 21,209,059 | |
| Carrying amount |
||||
| At 31August | 2023 | 140,000 | 140,000 | |
| At 31August | 2022 | 140,000 | 140,000 |
| 15 | Investment | property | ||
|---|---|---|---|---|
| 2023 | ||||
| 5 | ||||
| Fair value | ||||
| At 1 September 2022 | 2,360,001 | |||
| Net gains or | losses through | fair value adjustments | (100,000) | |
| At 31August | 2023 | 2,260,001 |
| 17 | Financial | instruments | instruments | 2023 | 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| E | E | |||||||||
| Carrying | amount | of | financial | assets | ||||||
| Debt instruments | measured | at | amortised cost | 36,210 | 41,643 | |||||
| instruments measured |
at fair value through | profit or loss | 1,144,464 | 1,171,656 | ||||||
| Carrying | amount | of | financial | liabilities | ||||||
| Measured | at amortised | cost | 47,404 | 35,916 | ||||||
| 18 | Debtors | |||||||||
| 2023 | 2022 | |||||||||
| Amounts | falling | due | within | one year: | E | E | ||||
| Rent & insurance | recharges | 20,210 | 22,643 | |||||||
| Other debtors | 16,000 | 19,000 | ||||||||
| 36,210 | 41,643 | |||||||||
| 19 | Current | asset investments | ||||||||
| 2023 | 2022 | |||||||||
| E | E | |||||||||
| Unlisted | investments | |||||||||
| 20 | Creditors: amounts | falling | due within one year | |||||||
| 2023 | 2022 | |||||||||
| E | E | |||||||||
| Other creditors | 47,404 | 35,916 |
| At 1 | Incoming | At 31August | ||
|---|---|---|---|---|
| September | resources | 2023 | ||
| 2022 | ||||
| E | ||||
| Platt Library Fund | 940 | 940 | ||
| Scott Educational | Foundation | 8,339 | 1,241 | 9,580 |
| Dr Roy | 68,143 | 12,301 | 80,444 | |
| 77,422 | 13,542 | 90,964 |
| Restricted funds | (Continued) | |||
| Previous year: | At 1 | Incoming | At31August | |
| September | resources | 2022 | ||
| 2021 | ||||
| 6 | ||||
| Platt Library Fund | 940 | 940 | ||
| Scott Educational | Foundation | 7,107 | 1,232 | 8,339 |
| Dr Roy | 55,584 | 12,559 | 68,143 | |
| 63,631 | 13,791 | 77,422 |
| Movement | in funds | ||||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | Transfers | Revaluation | Investment | Investments | Balance at 31 | ||
| September | offreehold | management | gains/losses | August 2023 | |||
| 2022 | land and | fees | |||||
| buildings | |||||||
| 6 | 6 | 6 | 8 | ||||
| Permanent | endowments | ||||||
| Land and buildings | 140,000 | 140,000 | |||||
| Investments | 145,440 | (2,673) | 142,767 | ||||
| Deposit acccount | 12,468 | 12,468 | |||||
| Scott Educational | |||||||
| Foundation | 51,512 | (845) | 50,667 | ||||
| Dr Roy Bequest | 442,804 | (4,141) | (9171) | 429492 | |||
| Investment | property | 2,360,001 | (100,000) | 2,260,001 | |||
| Expendable | endowments | ||||||
| Investments | 512,835 | (9,866) | 502,969 | ||||
| 3,665,060 | (4 141) | (122,555) | 3,538,364 |
| Unrestricted funds |
Unrestricted funds |
Unrestricted funds |
Unrestricted funds |
Unrestricted funds |
Unrestricted funds |
||
|---|---|---|---|---|---|---|---|
| The unrestricted funds ofthe charity comprise the unexpended balances ofdonations not subject to specific conditions by donors and grantors as to how they may be used. designated funds which have been set aside out of unrestricted funds by the trustees |
and grants which are These include for specific purposes. |
||||||
| At 1 September incoming resources Resources expended Gains and At 31August losses 2023 |
|||||||
| 2022 | |||||||
| E | |||||||
| General funds | 804,621 | 213,072 | (191,428) | (497) | 825,768 | ||
| Previous year: | A11 September Incoming Resources resources expended Gains and At31 August losses 2022 |
||||||
| 2021 | |||||||
| E | E | 6 | |||||
| General funds | 742,019 | 233,565 | (169,719) | (1,244) | 804,621 | ||
| Analysis ofnet assets between |
funds | Unrestricted | Restricted | Endowment | Total | Total | |
| funds | funds | funds | |||||
| 2023 | 2023 | 2023 | 2023 | 2022 | |||
| E | 8 | f | 6 | ||||
| Fund balances at 31August | |||||||
| 2023 are represented | by: | ||||||
| Tangible assets Investment properties Investments |
25,350 | 940 | 140,000 2,260,001 1,118,173 |
140,000 2,260,001 1,144,463 |
140,000 2,360,001 1,171,655 |
||
| Current assets/(liabilities) |
800,418 | 90,024 | 20,190 | 910,632 | 875,447 | ||
| 825,768 | 90,964 | 3,538,364 | 4,455,096 | 4,547,103 |