| Page | |||
|---|---|---|---|
| Reference and Admiaistrative Details |
|||
| Report ofthe Trustees | 2 | to | 3 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes tothe Financial Statements | 7 | to | 12 |
| Detailed Statement ofP'inancial Activities |
13 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Umestricted | Endowment | Total | Total | |||||
| funds | fund | funds | funds | |||||
| Notes | 6 | 8 | 8 | |||||
| INCOME AND ENDOWMENTS | FROM | |||||||
| Other tnding activities |
2 | 190 | 190 | 184 | ||||
| Investment income |
3 | 39,162 | 39,162 | 38,356 | ||||
| Total | 39352 | 39,352 | 38,540 | |||||
| EXPENDITURE | ON | |||||||
| Raising funds | 255 | 255 | 226 | |||||
| Charitable activities |
||||||||
| Grants payable | 12,200 | 12,200 | 6,150 | |||||
| Governance costs |
1,643 | 1,643 | 1,320 | |||||
| Support costs | 4,490 | 4,490 | 6,117 | |||||
| Total | 18,588 | 18,588 | 13,813 | |||||
| Net gains/(tosses) | on investments | (130,306) | (130,306) | 139315 | ||||
| NKT INCOME/(EXPENDITURE) | 20,764 | (130,306) | (109,542) | 163,942 | ||||
| RECONCILIATION OF FUNDS | ||||||||
| Total funds bmught | forward | 149,455 | 1,841,308 | 1,990,763 | 1,826,821 | |||
| TOTAL FUNDS | CARRIED FORWARD | 170,219 | 1,711,002 | 1,881421 | 1,990,763 |
| BALAlAICL50KKT | |||
|---|---|---|---|
| ~DECEMEER 2 | |||
| 2022 | 2021 | ||
| Notes | 6 | 8 | |
| FIXEDASSETS | |||
| Investments | 1,71'1,002 | 1,841,308 | |
| CURRENT ASSETS | |||
| Debtors | 458 | 3 | |
| Cash atbank | 171,051 | 150,925 | |
| 171,509 | 150,928 | ||
| CREDITORS | |||
| Amounts falling due within one year |
(1,290) | (1,473) | |
| NET CURRENT ASSETS | 170,219 | 149,455 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 1,881,221 | 1,990,763 | |
| NET ASSETS | 1,881,221 | 1,990,763 | |
| FUNDS | 10 | ||
| Umestricted funds |
170,219 | 149,455 | |
| Endowment funds |
1,711,002 | 1,841,308 | |
| TOTAL FUNDS | 1,881,221 | 1,990,763 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | |||
| Wayieaves | and sundry income | 190 | 184 |
| INVESPMENT INCOME | |||
| 2022 | 2021 | ||
| 6 | |||
| Rents received | 9,535 | 9,535 | |
| Investment | income | 29,627 | 28,821 |
| 39,162 | 38,356 |
| The trustees did not receive |
any remuneration | any remuneration | in the year. The trustees meeting |
costs amount | to 8383 (2021 |
|---|---|---|---|---|---|
| 6Nil) | |||||
| 'Ihere were no related party tmnsactions | in the year. | ||||
| COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Endowment | Total | |||
| funds | fund | funds | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Other trading activities | 184 | 184 | |||
| investment income |
38,356 | 38,356 | |||
| Total | 38,540 | 38,540 | |||
| EXPENDITURE ON | |||||
| Raising funds | 226 | 226 | |||
| Charitable activities |
|||||
| Gmnts payable | 6,150 | 6,150 | |||
| Governance costs |
1,320 | 1,320 | |||
| Supportcosts | 6,117 | 6,117 | |||
| Total | 13,813 | 13,813 | |||
| Net gains on investments | 139415 | 139,215 | |||
| NKT INCOME | 24,727 | 139,215 | 163,942 |
| F | l LO | GL | V | AT | ION | ION | NDAT | I | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| T | TH | FINA | L TATKM | - | ntlnu | |||||||||
| FORTHK YEA | DKD31D | EMBER | ||||||||||||
| COMPARATIVKS | FOR | THE | STATEMENT | OF | FINANCIAl. | ACIIVITIES -continued | ||||||||
| Unrestricted | Endowment | Total | ||||||||||||
| funds | fund | funds | ||||||||||||
| 8 | 8 | |||||||||||||
| RECONCILIATION | OF | FUNDS | ||||||||||||
| Total funds bmught | forward | 124,728 | 1,702,093 | 1,826,821 | ||||||||||
| TOTAI, li'UNDS | CARRIED FORWARD | 149,455 | 1,841,308 | 1,990,763 | ||||||||||
| 6. | FIXEDASSET | INVESTMENTS | ||||||||||||
| Investments | ||||||||||||||
| 6 | ||||||||||||||
| MARKET VALUE | ||||||||||||||
| At 1January 2022 | 1,841,308 | |||||||||||||
| Revaluations | (130,306) | |||||||||||||
| At 31December | 2022 | 1,711,002 | ||||||||||||
| NET BOOKVALUE | ||||||||||||||
| At 31December | 2022 | ],711,002 | ||||||||||||
| At 31December | 2021 | 1,841,308 | ||||||||||||
| There were no investment | assets | outside the UK. | ||||||||||||
| Cost or valuation | at | 31 | December 2022 is represented | by: | ||||||||||
| investments | ||||||||||||||
| 8 | ||||||||||||||
| Valuation in 2021 |
139415 | |||||||||||||
| Valuation in 2022 |
(130,306) | |||||||||||||
| Cost | 1,702,093 | |||||||||||||
| 1,711,002 |
| . | DEBTORS: | AMOUNTS | FALLING DUE WITHIN | ONE YEAR | |||||
| 2022 | 2021 | ||||||||
| 8 | |||||||||
| 458 | 3 | ||||||||
| 8. | CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR | ||||||||
| 2022 | 2021 | ||||||||
| Other creditors | 1,290 | 1,473 | |||||||
| ANALYSIS | OF NKT ASSETSBETWEEN FUNDS | ||||||||
| 2022 | 2021 | ||||||||
| Unrestricted | Endowment | Total | Total | ||||||
| funds | fund | funds | funds | ||||||
| 8 | |||||||||
| Investments | 1,711,002 | 1,711,002 | 1,841,308 | ||||||
| Cunent assets | 171,509 | 171,509 | 150,928 | ||||||
| Cunent liabilities |
(1,290) | (1,290) | (1,473) | ||||||
| 170,219 | 1,711,002 | 1,881,221 | 1,990,763 | ||||||
| 10. | MOVEMENT IN FUNDS | ||||||||
| Net | |||||||||
| Iriovelnen't | At | ||||||||
| At 1.1.22 | in funds | 3U2.22 | |||||||
| Unrestricted | gauds | ||||||||
| Unrestricted | fund | 99,455 | 20,764 | 120,219 | |||||
| Unrestricted | Designated | funds | 50,000 | 50,000 | |||||
| 149,455 | 20,764 | 170,219 | |||||||
| Endowment | funds | ||||||||
| Endowment | funds | 1,841,308 | (130,306) | 1,711,002 | |||||
| TOTAL FUNDS | 1,990,763 | (109,542) | 1,881%1 | ||||||
| Net movement | in funds, | included in the above | are as tbllows: | ||||||
| Incoming | Resomces | Gains and | Movement | ||||||
| resoutoes | expended | losses | in funds | ||||||
| Unrestricted | fbnds | ||||||||
| Unrestricted | fund | 39,352 | (18,588) | 20,764 | |||||
| Endowment | funds | ||||||||
| Endowment | funds | (130,306) | (130,306) | ||||||
| TOTAL FUNDS | 39,352 | (18,588) | (130,306) | (109,542) |
| Net | |||||||
|---|---|---|---|---|---|---|---|
| movement | At | ||||||
| At 1.1.21 | in funds | 31.12.21 | |||||
| f. | |||||||
| Unrestricted | funds | ||||||
| Unmstricted | fund | 74,728 | 24,727 | 99,455 | |||
| Utuestricted | Designated | funds | 50,000 | 50,000 | |||
| 124,728 | 24,727 | 149,455 | |||||
| Eadovnaent | thuds | ||||||
| Endowment | funds | 1,702,093 | 139,215 | 1,841308 | |||
| TOTAL FUNDS | 1,826,821 | 163,942 | 1,990,763 | ||||
| Comparative | net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Gains and | Movement | |||||
| resources | losses | in funds | |||||
| Unrestricted | Ibnds | ||||||
| Unrestricted | fund | 38,540 | (13,8]3) | 24,727 | |||
| Endowment | funds | ||||||
| Endowment | funds | 139,215 | 139,215 | ||||
| 38,540 | (13,813) | 139,215 | 163,942 |
| F | LEY | LEY | ATI |
AL | FO DATI |
O | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| DETAIL | TATE | F | A | CIA | Vl | ||||||
| THE | E REND D31 | D | MBKR | ||||||||
| 2022 | 2021 | ||||||||||
| 8 | |||||||||||
| INCOME AND ENDOWMENTS | |||||||||||
| Other trading activities Wayleaves and sundry income |
190 | 184 | |||||||||
| Investmentincome | |||||||||||
| Rents received | 9,535 | 9,535 | |||||||||
| investment income |
29,627 | 28,821 | |||||||||
| 39,162 | 38356 | ||||||||||
| Total incoming resources | 39,352 | 38,540 | |||||||||
| EXPENDITURE | |||||||||||
| Raising donations and lnsumnce |
legacies | 255 | 226 | ||||||||
| Charitable activities |
|||||||||||
| Grants to institutions | 12400 | 6,150 | |||||||||
| Support costs | |||||||||||
| Management Clerk fees snd disbursements |
4,387 | 6,000 | |||||||||
| Finance | |||||||||||
| Bank charges | 103 | 117 | |||||||||
| Governance costs |
|||||||||||
| Trustees' salaries | 383 | ||||||||||
| Accountancy snd legal fees |
1460 | 1,320 | |||||||||
| 1,643 | 1,320 | ||||||||||
| Total resources expended | 18,588 | 13,813 | |||||||||
| Net Income before gains | and losses | 20,764 | 24,727 | ||||||||
| Realised recognised Realised gains/(losses) |
gains and losses on fixed asset investments |
(130806) | 139415 | ||||||||
| Net (expenditure)/income | (109,542) | 163,942 |