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|Trustees|||Mrs M A Neill MBE- Chair||||
|---|---|---|---|---|---|---|
||||Col J C V Hunt||||
||||SEHewson||||
||||SC Fowler||||
||||Mrs J Brown||(Appointed|14April 2022)|
|Charity number|||529351||||
|Secretary and principal||office|Ms S M Greaves||||
||||c/o Wrigleys Solicitors I.LP||||
||||Derwent
House||||
||||150Arundel
Gate||||
||||SheAield||||
||||South Yorkshire||||
||||Sl 2FN||||
|Charity administrator|||Mrs G Mills||||
|Independent|examiner||RJGivans BA FCA||||
||||UHY Hacker Young||||
||||6 Broadfield Court||||
||||Broadfield
Way||||
||||Sheffield||||
||||Sg OXF||||
|Solicitors|||Wrigleys Solicitors LLP||||
||||Derwent
House||||
||||150Arundel
Gate||||
||||SheAield||||
||||South Yorkshire||||
||||Sl 2FN||||
|Investment|advisors||Investec Wealth and Investment|Ltd|||
||||Beech House||||
||||61 Napier Street||||
||||Sheffield||||
||||SI I 8HA||||
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|||Page|
|---|---|---|
|Trustees'
report|||
|Independent
examiner's|report||
|Statement offinancial|activities|10|
|Balance sheet|||
|Statement ofcash flows||12|
|Notes to the accounts||13-22|
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||||||i'nrestricted|Endo»ment|'ftital|unrestricted|Endosrmenl|'fetal|
|---|---|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2022|funds|funds|2021|
|||||Notes|||||||
|Income from:|||||||||||
|Investments||||3|75,159||75,159|67,723||67,723|
|~E* * dhd|||||||||||
|~en
d|||||||||||
|Costs ofgenerating|||||||||||
|investment
income|||||7.637||7,637|1,769||1,769|
|Investment|||||||||||
|management||||||13,480|13,480||12,409|12,409|
||||||7,637|13,480|21,117|1,769|12,409|14,178|
|Charitable
activities||||5|39,002||39,002|42,943||42,943|
|Total resources|||||||||||
|expended|||||46,639|13,480|60,119|44,712|12,409|57,121|
|Net gains/(losses)|||on||||||||
|investments||||10|617|107,388|108,005|1,942|184,645|186,587|
|Net movement|in||funds||29,137|93,908|123,045|24,953|172,236|197,189|
|Fund balances|at|I|||||||||
|April 2021|||||118,496|1,612,996|1,731,492|93,543|1,440,760|1,534,303|
|Fund balances|at||31||||||||
|March 2022|||||147,633|1.706,904|1,854,537|118,496|1,612,996|1,731,492|
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|||||Notes|2022|f|2021||
|---|---|---|---|---|---|---|---|---|
|Fixed assets|||||||||
|Investment|properties|||11||375,000||375,000|
|Investnl eats||||12||i,340,583||1,240,194|
|||||||1,715,583||1,615,194|
|Current
assets|||||||||
|Debtors||||13|10,863||13,158||
|Cash at bank||and in hand|||150,367||124,794||
||||||161,230||137,952||
|Creditors: amounts|||falling due within|14|||||
|one year|||||(22,276)||(21,654)||
|Net current|assets|||||138,954||116,298|
|Total assets||less current liabilities||||1,854.537||1,731,492|
|Capital funds|||||||||
|Endowment||funds||||1,706,904||1,612,996|
|Income funds|||||||||
|Unrestricted||funds||||147,633||118,496|
|||||||1,854,537||1,731,492|
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
||||Notes||||||
|Cash flows from operating|||activities||||||
|Cash absorbed
by operations|||17|||(56,914)||(58,965)|
|Investing|activities||||||||
|Purchase|of investments|||(44,063|)||(224,771)||
|Proceeds|on disposal of investments|||51,391|||243,824||
|Interest received||||75,159|||67,723||
|Net cash|generated
from|investing|||||||
|activities||||||82,487||86,776|
|Net cash|used in financing||activities||||||
|Net increase in cash and cash equivalents||||||25,573||27,811|
|Cash and|cash equivalents|at|beginning ofyear|||124,794||96,983|
|Cash and|cash equivalents||at end ofyear|||150,367||124,794|
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|||2022|2021|
|---|---|---|---|
|Rental|income|31,330|30,942|
|Income|from listed investments|43,806|36,736|
|Interest|receivable|23|45|
|||75,159|67,723|
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|||||Unrestricted|Endewment|Tarsi|Unrestricted|Endusrment|fatal|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds|2022|funds|funds|2021|
|~Cf
f||||||||||
|mvestment|mcome|||||||||
|Other fundraising||costs||7,637||7,637|1,769||1,769|
|Investment|mana|ement|||13,480|13,480||12,409|12,409|
|||||7,637|13,480|21,117|1,769|12,409|14,178|
|Rental expenses||||||||2022|2021|
|Repairs, maintenance|||and|insurance||||7,532|1,699|
|Bank charges||||||||'105|70|
|||||||||7,637|1,769|
##
||||2022|2021|
|---|---|---|---|---|
|Grant|funding ofactivities (see note 6)||15,382|20,463|
|Share|ofgovernance|costs (see note 7)|23,620|22,480|
||||39,002|42,943|
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||||2022|2021||
|---|---|---|---|---|---|
|Grants to|institutions|(4grants):||||
|British Dyslexics|||||1,000|
|PACES|||2,000|||
|Action Tutoring|||||1,000|
|Listening|Books||||1,500|
|Hesley Wood Scouts|||||1,000|
|Music in|the Round||||1,000|
|Street League|||||2,000|
|Whirlow|Hall Farm||||1,000|
|CRESST|||1,500|||
|Westwood|2015 Ltd||2,000||1,296|
|Tapton Youth Brass||Band|||500|
|Family Action|||2,000||1,750|
|Boys and|Girls Club||||1,750|
|ZEST|||||1,311|
||||7,500||15,107|
|Grants to|individuals|(10grants)|7,882||5,356|
||||15,382||20,463|
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|7|Support costs|Support costs|||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2022|Support|Governance|2021|
||||costs|costs||costs|costs||
||Independent||||||||
||examination|fees||3,180|3,180||3,120|3,120|
||Legal and professional|||40|40||40|40|
||Secretary's|fees||20,400|20,400||19,320|19,320|
|||||23,620|23,620||22,480|22,480|
||Analysed
between||||||||
||Charitable|activities||23,620|23,620||22,480|22,480|
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|||unrestricted|Endowment|Total|t'nrestrieted|Endowment|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds|2022|funds|funds|2021|
|Revaluation|of|||||||
|investments||617|101,047|101,664|1,942|173,223|175,165|
|Gain/(loss)|on sale of|||||||
|investments|||6,341|6,341||11,422|11,422|
|||617|107,388|108,005|1,942|184,645|186,587|
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|11|Investment|property|
|---|---|---|
||Fair value||
||At
I April|2021 and 31 March 2022|
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|||Listed|
|---|---|---|
|||investments|
|Cost or valuation|||
|At
I April|2021|1,240,194|
|Additions||44,063|
|Valuation|changes|101,376|
|131sposal s||(45,050)|
|At 31 March 2022||1,340,583|
|Carrying|amount||
|At 31 March 2022||1,340,583|
|At 31 March 2021||1,240,194|
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|13|Debtors||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2022|2021|
||Amounts|falling due||within|one year:||||||||
||Trade debtors||||||||||2,734|6,150|
||Other debtors||||||||||5,565|4,888|
||Prepayments||and accrued income||||||||2,564|2,120|
||||||||||||10,863|13,158|
|14|Creditors:|amounts||falling|due within||one|year|||||
||||||||||||2022|2021|
||Accruals
and||deferred|income|||||||22,276|21,654|
|15|Analysis ofnet assets between|||||funds|||||||
|||||ttnrestrieted|||nndnument||Total|t'nrestrieted|Fnduts ment
'|Total|
||||||fund||fuud|||fund|fund||
||||||2022||2022||2022|2021|2021|2021|
||||||||g||||||
||Fund balances||at 31||||||||||
||March 2022 are||||||||||||
||represented|by:|||||||||||
||Investment|properties|||||375,000||375,000||375,000|375,000|
||Investments|||||13,258|1,327,325||1,340,583|12,641|1,227,553|1,240,194|
||Current
assets/||||||||||||
||(liabilities)||||134,375|||4,579|138,954|105,855|10,443|116,298|
||||||147,633||1,706,904||1,854,537|118,496|1,612,996|1,731,492|
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|17|Cash generated
from operations|Cash generated
from operations|Cash generated
from operations||2022|2021|
|---|---|---|---|---|---|---|
||Surplus forthe year||||123,045|197,189|
||Adjustments
for:||||||
||Investment
income|recognised|in statement offinancial|activities|(75,159)|(67.723)|
||Gain on disposal of|investments|||(6,341)|(11,422)|
||Fair value gains and|losses on|investments||(101,376)|(174,898)|
||Movements
in working capital:||||||
||Decrease/(increase)|in debtors|||2,295|(6,399)|
||Increase
in creditors||||622|4,288|
||Cash absorbed
by|operations|||(56,914)|(58,965)|
|18|Analysis ofchanges|in net funds|||||
||The charity
had no debt during||the year.||||