##
##
##
##
||||Page|
|---|---|---|---|
|Officers|and Professional|Advisors||
|Trustees'|Report|||
|Auditors'|Report|||
|Statement|ofFinancial Activities|||
|Balance Sheet|||10|
|Notes to|the Accounts|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|FO|R THE Y|EAR ENDED 3|1"MARCH 20|23||
|---|---|---|---|---|---|
||Notes|Restricted|Endowed|Total|Total|
|||Funds|Funds|2023|2022|
|INCOME||||||
|Investment
Income||||||
|Income from Property|||10,247|10,247|9,221|
|Investment
Income and||||||
|Interest||20|78087|78107|70450|
|Total Income||20|88 334|88354|79 671|
|EXPENDITURE||||||
|Charitable
Expenditure||||||
|Educational
Benefits||20|96,727|96,747|61,334|
|Statutory Payments|||750|750|750|
|Other Expenditure
Management 4||||||
|Administration|||19 045|19045|19325|
|Total Expenditure||20|116522|116542|81 409|
|Net Income and net||||||
|movement
in funds||||||
|before gains and losses on||||||
|investments|||(28,188)|(28,188)|(1,738)|
|Net gains/ (losses) on||||||
|investments|||200 743|200 743|155 107|
|Net Movement
in Funds|||172555|172555|153369|
|Reconciliation
ofFunds:||||||
|Total funds brought||||||
|forward|12|410|3 584 674|3 585 084|3 431 715|
|Total funds carried forward|12|~41|3757229|3757639|3585084|
##
##
##
||Notes|Total||Total|Total|Total|
|---|---|---|---|---|---|---|
|||2023||2023|2022|2022|
|FIXEDASSETINVESTMENTS|||||||
|Investment
Properties||||959,860||643,700|
|Investments|||2|546 512||2 679032|
||||3,506,372|||3,322,732|
|CURRENT ASSETS|||||||
|Cash in Bank &In Hand||256,146|||270,282||
|Debtors|10||||1 629||
|||256 146|||||
|CREDITORS|||||||
|Amounts
falling due within|||||||
|1 year,|||||9559||
|Net Current Assets||||251 267|||
|Total Assets Less|||||||
|Current Liabilities|||3|57639|||
|FUNDS|||||||
|Restricted Funds||||410||410|
|Endowed Funds|12||3|757 229||3534674|
||||3|757 639||585 084|
##
##
##
##
##
##
##
##
|2.|INCOME FROM PROPERTY|2023|2022|
|---|---|---|---|
||Rents and Wayleaves|~1024|9221|
|3.|INVESTMENT INCOME|2023|2022|
||Income from Listed Investments|75,393|70,387|
||Interest Receivable on Cash Deposits|2 714|63|
|||i8 107|~0450|
|4.|EDUCATIONAL BENEFITS|||
||Lady Lumley's
School:|||
||Departmental
Requests|16,102|40,427|
||Minibus Tax, Insurance
A Maintenance||12,000|
||School Prizes &Prize-giving
Expenses|6,000||
||Grants —Sixth Form Courses|2,000||
||Year 8Outdoor Education|6,000||
||Sixth Form Interview
Expenses|1,064|1,273|
||Building Costs|54,864||
||Grants to Individual
Beneficiaries|10717|7634|
|||96 47|61 334|
||STATUTORY PAYMENTS|2023|2022|
||Sinnington
School Annual
Payment|500|500|
||Lady Lumley's
Almshouses
Charity
Bishopgate Foundation 4 Aldgate Freedom Foundation|160
75|160
75|
||NACRO|15|15|
|||750|750|
##
##
##
||F|F|OR|THE YEAR ENDED 31"MARC|THE YEAR ENDED 31"MARC|H 2023|||
|---|---|---|---|---|---|---|---|---|
|6.|MANAGEMENT||&|ADMINISTRATION||2023||2022|
||COSTS||||||||
||Administration|Staff||||8,039||8,119|
||Audit|||||2,964||2,820|
||Other Administrative|||Costs||8042||8386|
|||||||~1045||~1932|
||NET MOVEMENTS|||IN FUNDS FOR THE|||||
||YEAR|||||2023||2022|
||The net movement||in|funds for the year is stated|||||
||after charging:-||||||||
||Audit Fees|||||2 964||2 820|
||No remuneration||was|paid to trustees|in the year, nor was any expenses reimbursed|||to|
||them.||||||||
||INVKSTMKNT||PROPERTIES|||Freehold Land
4 Buildings|||
||Valuation||||||||
||As at 1"April 2022||||||643,700||
||Easement Grant||||||(9,346)||
||Revaluation||||||325 506||
||Net BookValue||||||||
||As at31"March||2023||||959 060||
||As at31"March||2022||||663 700||
##
##
##
##
|9.|INVESTMENTS||||
|---|---|---|---|---|
||||2023|2022|
||Market value at 1"April 2022||2,679,032|2,511,622|
||Acquisitions
at cost||85,524|847,413|
||Disposals at opening book value||(93,502)|(834,655)|
||Net gain / (Loss) on revaluation
Market Value at 31 March 2023|at 31March 2023|~124 542
2 546512|154 652
267 02|
||Investments
at Market Value comprise Listed on UK stock||||
||exchange.
(Historical Cost f481,431)||1,020,488|1,092,991|
||Common
Investment
Funds||1 526 024|1 506 041|
||||2 546 512|2 679032|
|10.|DEBTORS||||2023||
|---|---|---|---|---|---|---|
||Rents||||||
||Other debtors|||||1 629|
|||||||~162|
|11.|CREDITORS: (Amounts||falling due within|1year)|||
||||||2022||
||Grants to Individual|Beneficiaries||||1,000|
||Accruals||||4 879|8 559|
||||||4 879|~959|
##
##
##
##
##
|||||Endowed|Designated|Funds||
|---|---|---|---|---|---|---|---|
|||||General||||
|||Restricted|Endowed|Reserve|Building|Minibus||
|||Funds|Funds|Fund|Project|Replacement|Total|
|Balance at 1"April||||||||
|2022||410|3,318,719|20,000|219,955|26,000|3,585,084|
|Gain for the|year||172,555||||172,555|
|Transfers between||||||||
|funds|||192751||186 751|6000||
|Balance at 31"||||||||
|March 2023||410|~298 523|20 000|406 706|52 000|3 757639|
|Represented|by:|||||||
|Investments|||3,506,373||||3,506,373|
|Net Current|Assets|410|~207 850|20000|406 706|32 000|251 266|
|Balance at 31"||||||||
|March 2023||410|329~23|20 000|4II6 706|32000|3 757629|