| payment ofexpense |
p s and reimbursement. |
p s and reimbursement. |
y p |
|---|---|---|---|
| REFERENCE AND | ADMINISTRATIVE DETAILS | ||
| Regisisred Charity | number | ||
| 527654 | |||
| Principal address | |||
| Sharon Edgar | |||
| Leaks Educabonal | Foundation | ||
| 21 Station Road, Timberiand | |||
| Lincoln | |||
| LN4 3SA | |||
| Trustees | |||
| MsJArnold | |||
| Mr M Marsden | |||
| MrSRudman | |||
| Mrs H Cadogan | |||
| Rev P Green | |||
| Mrs JJones | |||
| Dr D Whitsoak | |||
| Mr C Rawding | |||
| Mr M Edgar RevJWearing (resigned 23.10.21) |
|||
| Mr M Snee | |||
| Mrs R LKnowles | |||
| Previous name of |
charity | ||
| The charity wss previously | known as 'Leaks Church Schools snd Educsfional | Foundation'. |
| Y | Flnanchd e 31Auu |
20 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unresbictsd | Endowment | Total | Total | |||
| Notes | funds f |
fund f |
funds f, |
fundsf | ||
| INCOME AND ENDOWMENTS | FROM | |||||
| Investment income |
2 | 63,053 | 62,623 | |||
| Other income | 25 | 25 | ||||
| Total | 63,078 | 62,623 | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Grants to individuals | 48,789 | 48,769 | 57,749 | |||
| Net gains/gosses) on investments |
(13,450) | (13,448) | 193,345 | |||
| NET INCOMEI(EXPENDITURE) | 14,311 | (13,450) | 861 | 198,219 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
94,580 | 1,190,428 | 1,285,008 | 1,086,789 | ||
| TOTAL FUNDS CARRIED FORWARD | 108AIgt | 1,176,978 | 1,285,889 | 1,285,008 |
| ~1A | ggEu(LlEI, | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Endowment | Tolal | Total | ||
| Notes | funds f |
fundf | fundsf | funds 8 |
|
| FIXEDASSETS | |||||
| Fixed asset invastmenta | |||||
| Fixed assai investments | 276,978 | 276,978 | 290,428 | ||
| Investment property |
900,000 | 900,000 | 900,000 | ||
| 1,176,978 | 1,176,978 | 1,190,428 | |||
| CURRENTASSETS | |||||
| Debtors | 62 | 62 | |||
| Cash at bank | 138,992 | 138,992 | 'i26,461 | ||
| 139,054 | 126,793 | ||||
| CREDITORS | |||||
| Amounts faling due within one year |
10 | (30,163) | (30,163) | (32,213) | |
| NET CURRENT ASSETS | 108,891 | 108,89'I | 94,580 | ||
| TOTAL ASSETSLESSCURRENT | LIASIUTIEB | 108,891 | 1,176,978 | 1,285,869 | 1,285,008 |
| NET ASSETS | 108,891 | 1,176,978 | 1,285,869 | 1,285,008 | |
| FUNDS | |||||
| Unrestricted funds |
108,891 | ||||
| Endowment funds |
1,176,978 | 1,190,428 | |||
| TOTAL FUNDS | 1,285,869 | 1,285,008 |
| INVESTMENT INCOME | |||
|---|---|---|---|
| 2022 | 2021 | ||
| F | |||
| Rents received | 55,000 | 55,000 | |
| Deposit account interest | 8,053 | 7,623 | |
| 62,823 | |||
| GRANTSPAYABLE | |||
| 2022 | 2021 | ||
| Grants to individuals | 44,198 | 48,870 | |
| The total grants paid to individuals | during the year was as folhws: | ||
| 2022 | 2021 | ||
| 8 | 2 | ||
| Grants to indivkluahr | 43,838 | 48,870 | |
| Grants paid in the period | 845,758 | ||
| Advance payment for2022-23 |
8490 | ||
| Movement in grant commitments |
(22,050) | ||
| Gmnts payable | 844,198 |
| Admin | Governance | ||||
|---|---|---|---|---|---|
| sxptmsss | costs | Totals | |||
| 2 | F | 8 | |||
| Grants | to | individuals | 270 | 4,301 | 4,571 |
| FIXEDASSETINVESTMENTS-d | |
|---|---|
| congnue Costorvaluation at 31August 2022 isr~ by: |
|
| investments f |
|
| Valuation in 2021 |
|
| Valuation in 2022 |
(13„450) |
| Cost | 247,083 |
| 276,978 | |
| INVESTMENT PROPERTY | |
| FAIR VALUE | |
| At 1September 2021 | |
| and 31August 2022 | 900,000 |
| NET BOOK VALUE | |
| At 31 August 2022 | |
| At 31 August 2021 |
| The property | was valued atf900,000on 20 | was valued atf900,000on 20 | was valued atf900,000on 20 | September 2021 by | Mr P Banks BScFRICS IRRV ofBanks, Long | Mr P Banks BScFRICS IRRV ofBanks, Long | Mr P Banks BScFRICS IRRV ofBanks, Long | & |
|---|---|---|---|---|---|---|---|---|
| Co Chartered | Suveyors. | |||||||
| Fair value at | 31August | 2022 is represented | by: | f | ||||
| Valuation in |
2021 | 150,000 | ||||||
| Cost | 750,000 | |||||||
| DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||||
| 2022 f |
2021f | |||||||
| Prepayments | and accrued | income | 62 | 332 | ||||
| CREDiTORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||||
| 2022 f |
2021f | |||||||
| Grants payable | 24,740 | 26,790 | ||||||
| Other credilors | 5,423 | 5,423 | ||||||
| 30,163 | 32.213 | |||||||
| MOVEIEENT IN FUNDS | ||||||||
| Net | ||||||||
| movement | At | |||||||
| At 1.9.21 | in funds f |
31.8.22 f |
||||||
| Unrestricted | funds | |||||||
| General fund | (10,814) | 6,257 | (4,557) | |||||
| Property maintenance | fund | 105,394 | 8,054 | 113,448 | ||||
| 94,580 | 14,311 | 108,891 | ||||||
| Endowment | funds | |||||||
| Endowment | fund | 1,190,428 | (13,450) | 1,176,978 | ||||
| TOTAL FUNDS | 1,285,008 | 861 | 1,285,869 |
| Net movemen | t in fund |
s, ind | ude | d in the above |
are as follows: | |||
|---|---|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||||
| resources 8 |
exp8nded | losses f |
in funds 5 |
|||||
| Unrestricted | funds | |||||||
| General fund | 55,025 | (48,769) | 1 | |||||
| Properly maintenance | fund | 8,053 | 1 | |||||
| 63,078 | (48,769) | 2 | 14,311 | |||||
| Endowment | funds | |||||||
| Endowment | fund | (13,450) | (13,450) | |||||
| TOTAL FUNDS | 63,078 | (45,769) | (13rW8) | |||||
| Comparatlves for movement | in funds | |||||||
| Net | Transfws | |||||||
| nlovslnsn't | bstw88n | At | ||||||
| At 1.9.20 | in funds | funds | 31.8.21 | |||||
| 8 | 8 | |||||||
| Un estrlctH | funds | |||||||
| General fund | 89,?06 | 4,874 | (105,394) | (10,814) | ||||
| Property maintenance | fund | 105,394 | ||||||
| 4,S74 | ||||||||
| Endowment | funds | |||||||
| Endowment | fund | 997,083 | 'l,190,428 | |||||
| TOTAL FUNDS | 1,086,789 | 198,219 | 1,285,008 | |||||
| Comparative | nst movement | in | funds, included | in the above are as follows". | ||||
| Incoming | Resources | Gains and | Movement | |||||
| msoulces | expended | losses | in funds | |||||
| 8 | 8 | 2 | 8 | |||||
| Unmstricted | funds | |||||||
| General fund | 62,623 | (57,749) | 4,874 | |||||
| Endowment | funds | |||||||
| Endowment | fund | 193,345 | 193,345 | |||||
| TOTAL FUNDS | 62,623 | (57,749) | 193,345 | 198,219 |
| k E | sdn | lp | |||||||
|---|---|---|---|---|---|---|---|---|---|
| ins | IAcdvIBes | ||||||||
| f | Y | n | 31 | ust 2022 | |||||
| 2022 | 2021f | ||||||||
| INCONIE AND ENDOWMENTS | |||||||||
| Investment income |
|||||||||
| Rents received | |||||||||
| Deposit account interest | 8,053 | 7,623 | |||||||
| 62,823 | |||||||||
| Other income | |||||||||
| Misc income | 25 | ||||||||
| Total Incoming recourses | 63,078 | 82,823 | |||||||
| EXPENDITURE Charitable~ |
|||||||||
| Grants to individuals | 48,870 | ||||||||
| Support costs | |||||||||
| Admln expenses | |||||||||
| Postage and stationery | 270 | ||||||||
| Governance costs |
|||||||||
| Insurance | 373 | 373 | |||||||
| Independent examiner |
840 | ||||||||
| Secretarial &meeting | 3,088 | 7,312 | |||||||
| 4,301 | 8,525 | ||||||||
| Total resources expended | 48,769 | 57,749 | |||||||
| Net income befom gains and lasses | 4,874 | ||||||||
| Realised recognised gains and losses | |||||||||
| Realised gainsigosses) | on fixed asset | ||||||||
| investments | 'I | ||||||||
| Net income | 14,310 | 4,874 |