| Page | ||
|---|---|---|
| Officers and Professional | Advisors | |
| Trustees' Report | ||
| Auditors' Report |
||
| Statement ofFinancial Activities | ||
| Balance Sheet | 10 | |
| Notes to the Accounts |
| FO | RTHE Y | EARENDED 3 | 1uMARCH 20 | 1uMARCH 20 | 22 | 22 | ||
|---|---|---|---|---|---|---|---|---|
| Notes | Restricted | Eadowed | Total | Total | ||||
| Funds | Funds | 2022 | 2021 | |||||
| INCOME | ||||||||
| Investmeat Income |
||||||||
| Income from Property | 9,221 | 9,221 | 8,191 | |||||
| Investment Income and |
||||||||
| Interest | 20 | 70 | 430 | 70 | 450 | 75 | 479 | |
| Total Income | 20 | 79 | 651 | 79 | 671 | 83 | 670 | |
| EXPENDITURE | ||||||||
| Charitable Expenditure |
||||||||
| Educational Benegts |
20 | 61,314 | 61,334 | 6,741 | ||||
| Statutory Payments | 750 | 750 | 750 | |||||
| Other Expenditure | ||||||||
| Property Costs | 291 | |||||||
| Management /b |
||||||||
| Administration | 19325 | 19325 | 11 | 339 | ||||
| Total Expenditure | 20 | 81 | 389 | 81409 | 19 | 121 | ||
| Net Income aad aet | ||||||||
| movem eat ia funds | ||||||||
| before gains and losses on | ||||||||
| investments | (1,738) | (1,738) | 64,549 | |||||
| 10 | ||||||||
| Net gains/ (losses) on | ||||||||
| investments | 155 | 107 | 155 | 107 | 328 | 715 | ||
| Net Movement in Funds |
~369 | ~93 | ||||||
| Reconciliation ofFunds: |
||||||||
| Total funds bmught | ||||||||
| forward | 13 | 410 | 3431 | 303 | 3431 713 | 3038 | 431 | |
| Total funds carried forward | 13 | 410 | ~3584 | ~508 | 3431 | 715 |
| BALANCE SHEET | BALANCE SHEET | ||||
|---|---|---|---|---|---|
| ASAT 31"MARCH 2022 | |||||
| Total | Total | Total | Total | ||
| 2022 | 2022 | 2021 | 2021 | ||
| 8 | g | ||||
| FIXEDASSETINVESTMENTS | |||||
| Investment Properties |
9 | 643,700 | 643,700 | ||
| Investments | 10 | 2679032 | 2511622 | ||
| 3,322,732 | 3,155,322 | ||||
| CURRENT ASSETS | |||||
| Cash in Bank dc In Hand Debtors |
270,282 ~29 |
280,079 I 904 |
|||
| CREDITORS | |||||
| Amounts falling due within |
|||||
| I year. | 12 | 9559 | 5590 | ||
| Net Currerrt Assets | 262 352 | 276393 | |||
| Total Assets Less | |||||
| Current Liabilities | |||||
| FUNDS | |||||
| Restricted Funds | 13 | 410 | 410 | ||
| Endowed Funds | 13 | 3584 674 | 3431305 |
| 2. | INCOME FROM PROPERTY | INCOME FROM PROPERTY | 2022 | 2021 |
|---|---|---|---|---|
| Rents and Wayleaves | ~92 | ~891 | ||
| 3, | INVESTMENT INCOME | |||
| Income 6um Listed Investments | 70,387 | 75,050 | ||
| Interest Receivable on Cash | Deposits | 63 | 429 | |
| EDUCATIONAL BENEFITS | 2022 | 2021 | ||
| Lady Lumley's School: |
||||
| Departmental Requests |
40,427 | |||
| Minibus Tax, Insurance &Maintenance | 12,000 | |||
| School Prizes &Prize-giving | Expenses | |||
| Grants —Sixth Form Courses | ||||
| Year 8Outdoor Education | ||||
| Sixth Form Interview Expenses | 1,273 | |||
| Building Costs Grants to Individual Beneficiaries |
7634 | 6741 | ||
| 5. | STATUTORY PAYMENTS | 2022 | 2021 | |
| Sinnington School Annual Payment |
500 | 500 | ||
| Lady Lumley's Almshouses |
Charity | 160 | 160 | |
| Bishopgate Foundation &Aldgate Freedom Foundation | 75 | 75 | ||
| NACRO | 15 | 15 | ||
| 6. | PROPERTY COSTS | |||
| 2022 | 2021 | |||
| Repairs and Maintenance | ||||
| Rates | ||||
| Light &Heat | 291 | |||
| Insurance | ||||
| 291 |
| FOR | FOR | FOR | THE YEARENDED 31~MARCH 2 | 022 | |||
|---|---|---|---|---|---|---|---|
| 7. | MANAGEMENT & | ADMINISTRATION | 2022 | 2021 | |||
| COSTS | |||||||
| Administration | Staff' | 8,119 | 7,464 | ||||
| Audit OtherAlive |
Costs | 2,820 8386 |
2,736 1 139 |
||||
| 8. | NET MOVEMENTS | IN FUNDS FORTHE | |||||
| YEAR | 2022 | 2021 | |||||
| g | |||||||
| The net movement | in | funds for the year is stated | |||||
| affer charging:- | |||||||
| Audit Fees | |||||||
| No remuneration | was | paid totrustees in the year, nor was any expenses reimbursed | to | ||||
| them. | |||||||
| 9. | INVESTMENT | PROPERTIES | Freehold | Land | |||
| rlk | Buildings | ||||||
| Valuation | |||||||
| As at leApril 2021 | 643,700 | ||||||
| Disposal | |||||||
| Net BookValue | |||||||
| As at 31"March | 2022 | ||||||
| As at31"March | 2021 | ~37 |
| INVESTMENTS | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Market value at I"April 2021 | 2,511,622 | 1,959,795 | |
| Acquisitions at cost |
847,413 | 259,148 | |
| Disposals at opening book value | (834,655) | (22,103) | |
| Net gain I(Loss) on revaluation Market Value at 31March 2022 |
at 31March 2022 | 154652 6 90 |
314782 |
| Investments atMaiket Value comprise Listed on UK stock |
|||
| exchange. (Historical Costf481,431) Common Investment Funds |
1,092,991 1 566041 |
820,110 ~691512 |
| 1. | DEBTORS | 2022 | 2021 | ||
| Rents | |||||
| Other debtors | I 629 | I 904 | |||
| 12. | CREDITORSt (Amounts | falling due within 1year) | |||
| 2022 | 2021 | ||||
| 8 | |||||
| Grants to Individual | Beneficiaries | 1,000 | 350 | ||
| Accruals | 8559 | 5240 | |||
| ~59 |