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THE CITY OF WINCHESTER TRUST LIMITED
REPORT OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2002

  Unrestricted
Funds
2002
Restricted
Funds
2002
Total
Funds
2002
Total
Funds
2001
Income: £ £ £ £
Donation and legacies (note 1) 230 - 230 515
Grants, subscriptions and Gift Aid (note 2) 7,563 - 7,563 6,739
Investment income, including rental (Note 3) 15,420 316 15,736 14,550
Fund raising (Note 4) 2,079 - 2,079 1,940
Total Income 25,292 316 25,608 23,744
         
Expenditure        
Direct charitable expenditure:        
  Project expenditure 1,812 - 1,812 6,405
  Other expenditure - - - 564
Other expenditure:        
  Management and administration of the charity (note 8) 15,857 70 15,927 14,785
Letting expenses 873 - 873 746
Sundry expenditure - - - 653
Property expenditure 190 - 190 1,050
Depreciation 4,378 - 4,378 5,217
Total Expenditure 23,110 70 23,180 29,420
         
Net income/(expenditure) for the year 2,182 246 2,428 (5,676)
         
Other recognised gains and losses        
Gains/losses on investments:        
Realised (3,534) - (3,534) (756)
Net movement in Funds 591 1,172 1,763 (6,371)
         
         
         
Funds balances brought forward at 1 April 2001 296,992 6,755 303,747 310,118
         
Fund balances carried forward
at 31 March 2002
297,583 7,927 305,510 303,747


BALANCE SHEET AS AT 31st MARCH 2002

  Notes 31 March 2002
£
31 March 2002
£
31 March 2001
£
31 March 2001
£
Fixed assets          
Tangible assets(leasehold,
building, functional - office,
investment - 2flats)
7   175,261   179,522
Investments(equity, bonds) 8   115,119 116,043
      290,380   295,565
           
Current assets  
Stocks 9 624 365
Debtors 10 779   1,636  
Cash at bank and in hand 15,137 8,796
    16,540   10,797  
           
Creditors:          
amounts falling due within one year 11 (1,410)   (2,615)  
           
Net current assets 15,130   8,182
NET ASSETS     305,510   303,747
           
           
FUNDS  
Unrestricted 12 297,583 296,992
Restricted 12 7,927 6,755
      305,510   303,747
           

These financial statements have been prepared in accordance with the special provisions of Part VII of the Companies Act 1985 frelating to small companies.

The financial statements were approved by the Council of Management and signed on its behalf by:

signed Roger Backhouse
(Council Member)
2002

signed Captain I F Grant
(Council Member)
2002