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|---|---|---|---|
|Reference and Administrative|Information|||
|Trustees Report||||
|Independent
Examiners
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Accounts||||
|Schedule I to the accounts is|for the Trustees|information||
|only and does not form part|ofthe statutory|accounts||
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|Principal Office|Principal Office|7 The Square|||||
|---|---|---|---|---|---|---|
|||Wilstead|||||
|||Bedfordshire|||||
|||MK45 3HL|||||
|Trustees||DrRD Prew|||||
|||Mrs S M D O'Donnell||(Retired 13/06/2021)|||
|||Mrs JM Godino|||||
|||Mrs DL Craig|||||
|||Mrs JJeans (Appointed||22/03/2021)|||
|||Mrs TEDales (Appointed|||28/03/2022)||
|Clerk to the|Trustees|Mrs A Quinn|||||
|Bankers||CAF Bank|||||
|||P0Box289|||||
|||West Mailing|||||
|||Kent|||||
|||ME194TA|||||
|Legal Advisors||Debenhams
Ottaway|||||
|||107StPeters Street|||||
|||StAlbans|||||
|||Hertfordshire|||||
|||AL1 3EW|||||
|Independent|Examiners|Miller &Co|||||
|||Chartered
Accountants|||||
|||5 Imperial
Court|||||
|||Laporte Way|||||
|||Luton|||||
|||8edfordshire|||||
|||LU4 8FE|||||
|Investment|Managers|Rathbone
Investment|Management|||Limited|
|||8 Finsbury
Circus|||||
|||London|||||
|||EC2M 7AZ|||||
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||||FORTH|E YEA|R ENDED 5APRIL 2022|R ENDED 5APRIL 2022|||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Total|Total|
||||||Income|Expendable|Funds|Funds|
||||||Funds|Endowment|2020|2021|
|||||Notes||K|||
|INCOME FROM:|||||||||
|Investments|||||||||
|Dividends|||||118,887||118,887|92,346|
|Interest on Securities|||||19,894||19,894|21,589|
|Bank and stockbroker|interest||||53||53|11|
|TOTAL INCOME|||||138,834||138,834|113,946|
|EXPENDITURE ON:|||||||||
|Raising funds|||||||||
|Investment
management|||costs||37,350||37,350|33,031|
|Administration
costs|||||11,543||11,543|11,319|
|Charitable
activities|||||||||
|Project grants|||||67,366||67,366|135,660|
|TOTAL EXPENDITURE|||||116,259||116,259|180,010|
|NET EXPENDITURE|BEFORE||||||||
|INVESTMKNT (LOSSES)/ GAINS|||||22,575||22,575|(66,064)|
|(Losses) / gains on investments|||||||||
|Realised on sale||||||69,207|69,207|(433,066)|
|Unrealised||||||178,267|178,267|(1,045,303)|
|NET (EXPENDITURE)||/|INCOME AND||||||
|NET MOVEMENT IN||FUNDS|||22,575|247,474|270,049|1,412,305|
|Reconciliation
offunds:|||||||||
|TOTAL FUNDS BROUGHT FORWARD|||||233,965|5,514,029|5,747,994|4,335,689|
|TOTAL FUNDS CARRIED FORWARD|||||f256,540|K5,761,503|K6,018,043|f5,747,994|
##
||||2022|2021|
|---|---|---|---|---|
||Note||||
|FIXEDASSETS|||||
|Investments|||5,870,078|5,783,087|
|CURRENT ASSETS|||||
|Accrued income||400||208|
|Cash at bank|||||
|Deposit account||47,619||27,060|
|Capital account||1,000||1,000|
|Cash at stockbrokers|||||
|Capital account||145,916||34,163|
|Income account||8,550||4,176|
|USD Capital account||2,026||22,553|
|Euro Capital account||31,701|||
|||237,212||89,160|
|CREDITORS: A.mounts|falling due within||||
|one year||69,247||94,253|
|NET CURRENT (LIABILITIES) / ASSETS|||167,965|(5,093)|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||6,038,043|5,777,994|
|CREDITORS: Amounts|falling due after||||
|more than one year|||20,GGO|30,000|
|NET ASSETS|||K6,018,043|K5,747,994|
|CHARITY FUNDS|||||
|Unrestricted
funds|10||256,540|233,995|
|Endowment
funds|||||
|Expendable
endowment|10||5,761,503|5,514,029|
|TOTAL CHARITY FUNDS|||K6,018,043|K5,747,994|
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||||Basis of|Income|Expendable|2022|2021|
|---|---|---|---|---|---|---|---|
||||Allocation|Fund|Endowment|Total|Total|
|Governance|costs|||||||
|Independent|examiners|fees|Direct|3,060||3,060|2,994|
|Clerk's fees|||Direct|7,780||7,780|7,585|
|PPS|||Direct|387||387|226|
|Sundry expenses|||Direct|||||
|Bank Charges|||Direct|108||108|75|
|Insurance|||Direct|308||308|308|
|Exchange difference|||Direct|(100)||(100)|131|
|||||11,543||11,543|11,319|
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|INVESTMKNTS||||||
|---|---|---|---|---|---|
|||||2022|2021|
|Listed investments||||||
|Stocks and shares||||5,870,078|5,783,087|
|Movements
in fixed|asset investments:|||||
|Market value at 6 April||||5,783,087|4,317,532|
|Additions
at cost||||1,195,529|2,310,827|
|Disposal proceeds||||(1,356,012)|(2,323,641)|
|Realised gain/(loss)|on|disposal||69,207|433,066|
|Unrealised
revaluation||gain/(loss)||178,267|1,045,303|
|Market value at 5 April||||5,870,078|5,783,087|
|Historical cost as at|5 April|||4,953,337|4,756,940|
|Investments
can be|summarised||as follows:|||
|UK stocks||||3,215,202|3,327,026|
|Foreign stocks||||2,654,876|2,456,061|
|Market value at 5 April||||5,870,078|5,783,087|
##
||||2022|2021|
|---|---|---|---|---|
|Amounts|falling due within|one year|||
|Grants payable|||57,000|82,500|
|Accruals|||12,247|11,753|
||||69,247|94,253|
|Amounts|falling due after|more than one year|||
|Grants payable|||20,000|30,000|
||||20,000|30,000|
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|GRANTS|||||
|---|---|---|---|---|
||||2022|2021|
|Charitable
grants made to institutions||during the period comprise:|||
|4~Dunstable
Scout Group|||6,000||
|All Saints Church Queens|Park Bedford|||10,000|
|BOLD (formerly Beds Garden Carers) —pledge withdrawn|||(12,000)||
|British Red Cross|||3,500||
|Elstow Bunyan Memorial|Hall|||10,000|
|Full House Theatre Company|||5,000||
|IMPAKT|||2,000||
|Joss Searchlight|||1,500||
|Keech Hospice|||5,000|50,000|
|Kids in Action||||10,000|
|Kids Out||||2,160|
|Lifelites|||5,000||
|Link to Change|||3,500||
|Listening Books|||3,000||
|NARA —The Breathing
Charity|||2,000||
|Newlife the Charity for Disabled Children||||3,000|
|Oakley Pre-school Building||||10,000|
|OPDA||||500|
|PCC ofStMargaret's
Church Streatley|||7,056||
|Potton for All|||5,000||
|Renhold Baptist Chapel|||6,000||
|Shri Guru Ravidass Sangat|||4,500||
|StAndrews
Parish Church,|Langford|||7,500|
|StLeonard's
Church, Old|Warden||10,000||
|StMary Magdalene
Parish|Church, Melchbourne|||8,000|
|StMargaret's
Church, Streatley|||3,000||
|StMary the Virgin, Clophill||||2,000|
|Streatley Village Hall Management||||5,000|
|The Lord's Taverners|||1,500||
|The Chellongton
Centre||||10,000|
|The Sequel Trust|||2,810||
|The Wildlife Trust|||1,000||
|The Need Project||||4,000|
|Thurleigh
Playing Field Association||||2,000|
|Transitions UK||||1,500|
|Welcome to our Future|||2,000||
||||67,366|135,660|
##
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|ANALYSIS OF NET ASSETSBYFUND||||
|---|---|---|---|
||Income|Expendable|2022|
||Fund|Endowment|Total|
|Fixed asset investments|108,575|5,761,503|5,870,078|
|Current assets|237,212||237,212|
|Current liabilities|(69,247)||(69,247)|
|Creditors more than one year|(20,000)||(20,000)|
||256,540|5,761,503|6,018,043|
||Income|Expendable|2021|
||Fund|Endowment|Total|
|Fixed asset investments|269,058|5,514,029|5,783,087|
|Current assets|89,160||89,160|
|Current liabilities|(94,253)||(94,253)|
|Creditors more than one year|(30,000)||(30,000)|
||233,965|5,514,029|5,747,994|
##
|FUND RECONCILIATIO|N|||
|---|---|---|---|
|Unrestricted||2022|2021|
|Income fund at 6 April||233,965|300,029|
|Net income / (expenditure)|for the year|22,575|(66,064)|
|Income fund at 5 April||256,540|233,965|
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|Restricted|||2022|2021|
|---|---|---|---|---|
|Expendable|endowment|fund at 6April|5,514,029|4,035,660|
|(Losses) / gains|||247,474|1,478,369|
|Expendable|endowment|fund at 5 April|5,761,503|5,514,029|
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|||||2022|2021|
|---|---|---|---|---|---|
|Financial|assets|||||
|Measured|at fair value through|net income|/ expenditure:|||
|Fixed asset listed investments||(note 6)||5,870,078|5,783,087|