THE CITY OF WINCHESTER TRUST LIMITED
REPORT OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2022
| Unrestricted Funds 2022 |
Restricted Funds 2022 |
Total Funds 2022 |
Total Funds 2021 |
|
| Income from: | £ | £ | £ | £ |
| Other Donations (Note 2) | 8,542 | - | 8,542 | 8,804 |
| Charitable Activities (Note 3) | 1,009 | - | 1,009 | 3,258 |
| Other trading activities (Note 4) | 2,000 | - | 2,000 | 307 |
| Investment income (Note 5) | 25,524 | 243 | 25,767 | 25,360 |
| Total Income | 37,075 | 243 | 37,318 | 37,729 |
| Expenditure on (Note 6) | ||||
| Raising funds | 10,263 | 22 | 10,285 | 7,682 |
| Charitable Activities | 28,239 | 312 | 28,551 | 25,805 |
| Total Expenditure | 38,502 | 334 | 38,836 | 33,487 |
| Net Gains/(Losses) on Investment Assets | 17,872 | 316 | 18,188 | 49,587 |
| Net Movement in Funds | 16,445 | 225 | 16,670 | 53,829 |
| Reconciliation of funds: | ||||
| Total funds brought forward at 1 April 2021 | 766,975 | 9,084 | 776,059 | 722,230 |
| Total funds carried forward at 31 March 2022 |
783,420 | 9,309 | 792,729 | 776,059 |
THE CITY OF WINCHESTER TRUST LIMITED BALANCE SHEET AS AT 31 MARCH 2022
| Notes | 31 March 2022 £ |
31 March 2022 £ |
31 March 2021 £ |
31 March 2021 £ |
|
| Fixed assets | |||||
| Tangible assets | 9 | 496,678 | 498,105 | ||
| Investments | 10 | 247,511 | 230,269 | ||
| 744,189 | 728,374 | ||||
| Current assets | |||||
| Stocks | 11 | 288 | 389 | ||
| Debtors | 12 | 3,939 | 3,567 | ||
| Cash on deposit and at bank | 49,434 | 51,193 | |||
| 53,661 | 55,149 | ||||
| Creditors | 13 | (5,121) | (7,464) | ||
| Net curent assets | 48,540 | 47,685 | |||
| NET ASSETS | 792,729 | 776,059 | |||
| FUNDS | |||||
| Unrestricted - designated | 14 | 734,880 | 719,290 | ||
| Unrestricted - undesignated | 14 | 48,540 | 47,685 | ||
| 783,420 | 766,975 | ||||
| Restricted | 9,309 | 9,084 | |||
| 792,729 | 776,059 | ||||
Total designated funds include a properly revaluation reserve of £317,414 (2021: £317,414)
For the year ending 31 March 2022 The company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with repect to accounting records and for preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Charities Statement of Recommended Practice (FRS 102)
ON BEHALF OF THE COUNCIL
signed K. Leaman
(Chairman)
29 June 2022
signed N W Gibbins
(Hon. Treasury)
29 June 2022