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|---|---|---|---|
|Reference and administrative|details ofthe Charity,|its Trustees and advisers||
|Trustees' report|||2-7|
|Independent
examiner's
report||||
|Statement offinancial activities||||
|Balance sheet|||10|
|Notes to the financial statements|||11-22|
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|Trustees||MrJ.J.Drydon (Co-optative),|MrJ.J.Drydon (Co-optative),|Chair|||
|---|---|---|---|---|---|---|
|||Mr E.Brown (Appointed|by the Parish Council of Haydon||Bridge)||
|||Mrs L.A. Gilhespy (Appointed
Mr B.L.Bates (Co-optative)||by the Parish Council ofHaydon||Bridge)|
|||Mrs P. Collis (Co-optative)|||||
|||Mrs D.Wardle (Co-optative)|||||
|||Mr E. Faulks (Appointed|by the Parish Council of Haydon||Bridge)||
|||Mrs K.Richardson
(Appointed||by the Parish Council ofHaydon||Bridge)|
|||Mr R Hines (Co-optative)|(appointed
11 November 2022)||||
|Charity registered|||||||
|number||528101|||||
|Principal office||Shaitoe Terrace|||||
|||Haydon
Bridge|||||
|||NE47 6BW|||||
|Clerk tothe Trustees||Mr S.Exham|||||
|Accountants||RyecroR Glenton|||||
|||Chartered
Accountants|||||
|||32 Portland Terrace|||||
|||Newcastle
upon Tyne|||||
|||NE2 1QP|||||
|Bankers||HSBC Bank Pic|||||
|||Fore Street|||||
|||Hexham|||||
|||Northumberland|||||
|||NE46 1LY|||||
|Investment|advisors|Brewin Dolphin|||||
|||Time Central|||||
|||Gallowgate|||||
|||Newcastle
upon Tyne|||||
|||NE14SR|||||
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||||||Endowment|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2023|2023|2023|2022|
|||||Note|||6||
|Income and endowments|||from:||||||
|Donations
and legacies||||||1,088|1,088||
|Investments||||||212,328|212,328|197,534|
|Total income and||endowments||||213,416|213,416|197,534|
|Expenditure
on:|||||||||
|Raising funds||||5|19,200|38,934|58,134|68,751|
|Charitable
activities||||||100,508|100,508|151,947|
|Total expenditure|||||19,200|139,442|158,642|220,708|
|Net (expenditure)/income|||before net||||||
|(losses)/gains
on||Investments|||(19,200)|73,974|54,774|(23,174)|
|Nst (losses)/gains|on investments||||(45,667)|(55,816)|(101,483)|62,221|
|Net movement
in|funds||||(64,867)|18,158|(46,709)|39,047|
|Reconciliation
of|funds:||||||||
|Total funds brought||forward|||8,230,808|999,969|9,230,777|9,191,730|
|Net movement
in funds|||||(64,867)|18,158|(46,709)|39,047|
|Total funds carried||forward|||8,165,941|1,018,127|9,184,068|9,230,777|
##
|||Note||2023
6||2022f|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Tangible assets||10||15,000||15,000|
|Investments||12||1,390,302||1,501,309|
|Investment
property||11||7,495,000||7,495,000|
|||||8,900,302||9,011,309|
|Current assets|||||||
|Debtors||13|50,868||44,755||
|Cash at bank and in hand|||264,798||253,474||
||||315,666||298,230||
|Creditors: amounts|falling due within one||||||
|year||14|(31,900)||(78,762)||
|Net current assets||||283,766||219,468|
|Total assets less current liabilities||||9,184,068||9,230,777|
|Total net assets||||9,184,068||9,230,777|
|Charity funds|||||||
|Endowment
funds||15||8,165,941||8,230,808|
|Unrestricted
funds||15||1,018,127||999,969|
|Total funds||||9,184,068||9,230,777|
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|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2023|2023|2022|
|||5|
|1,088|1,088||
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2023|2023|
|||8|8|
|Rents receivable||173,268|173,268|
|Investment|income|37,975|37,975|
|Bank interest||1,085|1,085|
|Total 2023||212,328|212,328|
|||Unrestricted|Total|
|||funds|funds|
|||2022|2022|
|||5|5|
|Rents receivable||168,244|168,244|
|Investment|income|29,265|29,265|
|Bank interest||25|25|
|Total 2022||197,534|197,534|
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||||||Endowment|Unrestricted|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2023|2023|2023|
||||||6||F|
|Investment|management||fees||5,379|4,146|9,525|
|Property management||fees||||16,705|16,705|
|Property rates, repairs||and maintenance||costs|13,821|10,650|24,471|
|Insurance||||||4,790|4,790|
|Sundry expenses||||||2,643|2,643|
|Total 2023|||||19,200|38,934|58,134|
||||||Endowment|Unrestricted|Total|
||||||funds|funds|funds|
||||||2022|2022|2022|
|Investment|management||fees||5,726|4,412|10,138|
|Property management||fees||||18,714|18,714|
|Property rates, repairs||and maintenance||costs|18,508|14,261|32,769|
|Insurance||||||4,294|4,294|
|Sundry expenses||||||2,846|2,846|
|Total 2022|||||24,234|44,527|68,761|
##
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|Grant|||
|---|---|---|
|funding
of|Support|Total|
|activities|costs|funds|
|2023|2023|2023|
|6|6||
|88,824|11,684|100,508|
##
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|Analysis|ofexpenditure
by activities (c|ontinued)|||
|---|---|---|---|---|
|||Grant|||
|||funding ot|Support|Total|
|||activities|costs|funds|
|||2022|2022|2022|
|||5||5|
|Charitable|activities|141,056|10,891|151,947|
##
||Total|Total|
|---|---|---|
||funds|funds|
||2023|2022|
||E||
|Clerk fees' and expenses|6,704|6,721|
|Governance|4,980|4,170|
||11,684|10,89'l|
##
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||||2023|2022|
|---|---|---|---|---|
||||6||
|Shaftoe|Wise Academies - 2grants (2022:6)||1,103|61,866|
|Individuals
-45grants (2022:35)|||40,861|25,700|
|Haydon|Bridge Playgroup
and Tiny Tots - 2|grants (2022:2)|2,500|4,500|
|Almshouse
Charity ofJohn Shaftoe - 1 grant||(2022:1)|1,720|1,720|
|Haydon|Bridge High School - 3grants (2022:4)||6,200|23,770|
|Haydon|Bridge Scout Group - 0grants (2022:1)|||1,000|
|Nurture|CIC - 0grants (2022:1)|||2,500|
|Haydon|Bridge Methodist
Church - 1 grant (2022:0)||140||
|Nurture|project - 1 grant (2022:0)||1,000||
|Haydon|Bridge Judo club-1 grant (2022:0)||300||
|Shaftoe Trust Wise Academy (Remuneration
grant (2022:0)||ofteaching assistants) - 1|20,000||
|Shaftoe Trust Wise Academy
(Construction
(2022:0)||ofclimbing frame) - 1 grant|15,000||
||||88,824|141,056|
##
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|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||6|E|
|Fees payable
examination|to the Charity's
and preparation|independent
examiner
ofthe Charity's
annual|||for the independent
accounts|4,980|4,170|
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|||Cash held||
|---|---|---|---|
||Listed|for re-||
||investments|investment|Total|
|||6|6|
|Cost or valuation||||
|At 1 April 2022|1,433,658|67,651|1,501,309|
|Additions|125,413|158,414|283,827|
|Dieposals|(158,415)|(134,936)|(293,351)|
|Revaluations|(101,483)||(101,483)|
|At 31 March 2023|1,299,173|91,129|1,390,302|
|Net book value||||
|At 31 March 2023|1,299,173|91,129|1,390,302|
|At 31March 2022|1,433,656|67,651|f,501,309|
##
|||2023f|2022f|
|---|---|---|---|
|Listed|investments|1,433,658|1,425,606|
|Bank|deposit account|67,651|23,620|
|||1,501,309|1,449,226|
##
||2023
6|2022f|
|---|---|---|
|Due within one year|||
|Accrued rental income|40,845|40,845|
|Prepayments
and accrued income|10,023|3,911|
||50,868|44,756|
##
||||2023
8|2022
f|
|---|---|---|---|---|
|Amounts
due|to Almshouse|Charity ofJohn Shaftoe|26,520|22,792|
|Other creditors||||51,400|
|Administration|accruals||5,380|4,570|
||||31,900|78,762|
##
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|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at|||Gains'|31March|
|||1April 2021f|Income
f|Expenditure
f|(Losses)f|2022|
|Unrestricted|funds||||||
|General
Funds||957,411|197,534|(196,474)|41,498|999,969|
|Endowment|funds||||||
|Endowment|Fund|8,234,319||(24,234)|20,723|8,230,808|
|Total offunds||9,191,730|197534|(220,708)|52,221|9,230,777|
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|Analysis ofnet assets between funds
-cur|rent year|||
|---|---|---|---|
||Endowment|Unrestricted|Total|
||funds|funds|funds|
||2023|2023|2023|
||8|6|6|
|Tangible fixed assets|15,000||15,000|
|Fixed asset investments|655,941|734,361|1,390,302|
|Investment
property|7,495,000||7,495,000|
|Current assets||315,666|315,666|
|Creditors due within one year||(31,900)|(31,900)|
|Total|8,165,941|1,018,127|9,184,068|
##
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||Endowment|Vnrestricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2022|
||||8|
|Tangible fixed assets|15,000||15,000|
|Fixed asset investments|720,808|780,501|1,501,309|
|Investment
property|7,495,000||7,495,000|
|Current assets||298,230|298,230|
|Creditors due within one year||(78,762)|(78,782]|
|Total|8,230,808|999,969|9,230,777|
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