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Company Limited by Guarantee
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Company Limited by Guarantee
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Financial Statements
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Pages
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Trustees' annual report (incorporating the director's report)
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1 to 2
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Independent examiner's report to the trustees
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3 to 4
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Statement of financial activities (including income and expenditure account)
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5
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Statement of financial position
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6
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Notes to the financial statements
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7 to 13
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Company Limited by Guarantee
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Trustees' Annual Report (Incorporating the Director's Report)
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Registered charity name
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Charity registration number
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Company registration number
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Principal office and registered
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2nd Floor - Parkgates
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office
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Bury New Road
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Salford
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Manchester
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M25 0TL
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Independent examiner
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2nd Floor - Parkgates
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Bury New Road
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Prestwich
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Manchester
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M25 0TL
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Trustee
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Company Limited by Guarantee
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Independent Examiner's Report to the Trustees of
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Company Limited by Guarantee
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Statement of Financial Activities
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(including income and expenditure account)
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2021
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2020
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Unrestricted funds
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Total funds
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Total funds
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Note
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£
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£
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£
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Donations and legacies
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5
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Investment income
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6
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---------
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---------
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---------
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Total income
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---------
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---------
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---------
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Investment management costs
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7
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(
420)
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(
420)
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(
406,315)
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Expenditure on charitable activities
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8,9
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(
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(
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(
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---------
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---------
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------------
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Total expenditure
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(
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(
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(
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---------
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---------
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------------
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|||
Net losses on investments
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11
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–
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–
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(
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---------
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---------
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------------
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Net expenditure and net movement in funds
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(
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(
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(
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---------
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---------
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------------
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Total funds brought forward
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------------
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------------
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------------
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Total funds carried forward
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------------
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------------
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------------
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Company Limited by Guarantee
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Statement of Financial Position
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2021
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2020
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Note
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£
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£
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£
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Investments
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15
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Debtors
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16
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Cash at bank and in hand
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---------
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---------
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Creditors: amounts falling due within one year
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17
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---------
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---------
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Net current assets
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------------
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Total assets less current liabilities
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Net assets
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------------
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Unrestricted funds
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------------
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Total charity funds
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18
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------------
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Trustee
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Company Limited by Guarantee
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Notes to the Financial Statements
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Unrestricted Funds
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Total Funds 2021
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Unrestricted Funds
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Total Funds 2020
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£
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£
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£
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£
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Donations
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234,000
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234,000
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60,873
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60,873
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---------
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---------
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--------
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--------
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Unrestricted Funds
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Total Funds 2021
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Unrestricted Funds
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Total Funds 2020
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£
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£
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£
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£
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Income from investment properties
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–
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–
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135,948
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135,948
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Surplus on Joint Property Investments
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83,985
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83,985
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33,882
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33,882
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Other interest receivable
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–
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–
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140,500
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140,500
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--------
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--------
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---------
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---------
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--------
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--------
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---------
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---------
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Unrestricted Funds
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Total Funds 2021
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Unrestricted Funds
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Total Funds 2020
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£
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£
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£
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£
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Council tax
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–
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–
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6,990
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6,990
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Agents commission
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–
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–
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2,344
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2,344
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Insurance
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–
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–
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10,959
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10,959
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Repairs
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–
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–
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520
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520
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Professional charges
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420
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420
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14,672
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14,672
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Bank loan interest
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–
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–
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18,497
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18,497
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Bad debts
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–
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–
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337,651
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337,651
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Water rates
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–
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–
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1,634
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1,634
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Loan interest
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–
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–
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13,048
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13,048
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----
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----
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---------
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---------
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420
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420
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406,315
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406,315
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----
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----
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---------
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---------
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Unrestricted Funds
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Total Funds 2021
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Unrestricted Funds
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Total Funds 2020
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£
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£
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£
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£
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Charitable activities
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532,983
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532,983
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1,646,654
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1,646,654
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Support costs
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2,541
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2,541
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7,297
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7,297
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---------
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---------
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------------
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------------
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---------
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------------
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Grant funding of activities
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Support costs
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Total funds 2021
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Total fund 2020
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£
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£
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£
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£
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Charitable activities
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532,983
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–
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532,983
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1,646,654
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Governance costs
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–
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2,541
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2,541
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7,297
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---------
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-------
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---------
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------------
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---------
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-------
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---------
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------------
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2021
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2020
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£
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£
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Grants to institutions
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532,983
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1,646,654
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---------
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------------
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Total grants
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532,983
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1,646,654
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2021
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£
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MW (RH) Foundation
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63,833
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MW (HO) Foundation
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116,234
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MW (GK) Foundation
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68,733
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MW (CL) Foundation
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76,733
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Further Grants
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207,450
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---------
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Total Grants to Institutions
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532,983
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---------
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Unrestricted Funds
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Total Funds 2021
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Unrestricted Funds
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Total Funds 2020
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£
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£
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£
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£
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Gains/(losses) on investment property
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–
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–
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(
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(
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----
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----
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---------
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---------
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2021
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2020
|
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£
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£
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Independent examination of the financial statements
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2,000
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4,000
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-------
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-------
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Investment properties
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Other investments
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Total
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£
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£
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£
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Cost or valuation
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|||
At 1 July 2020
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850,000
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1,503,882
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2,353,882
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Additions
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3,537
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83,985
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87,522
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Fair value movements
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–
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(60,000)
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(60,000)
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---------
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------------
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------------
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At 30 June 2021
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853,537
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1,527,867
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2,381,404
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---------
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------------
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------------
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Impairment
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|||
At 1 July 2020 and 30 June 2021
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–
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–
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------------
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------------
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Carrying amount
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|||
At 30 June 2021
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853,537
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1,527,867
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2,381,404
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---------
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------------
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------------
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At 30 June 2020
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850,000
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1,503,882
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2,353,882
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---------
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------------
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------------
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2021
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2020
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£
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£
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Other debtors
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---------
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---------
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2021
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2020
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£
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£
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Trade creditors
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–
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Accruals and deferred income
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Social security and other taxes
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Other creditors
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---------
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--------
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---------
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--------
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At 1 July 2020
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Income
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Expenditure
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Gains and losses
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At 30 June 2021
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£
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£
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£
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£
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£
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General funds
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3,187,035
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317,985
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(535,944)
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–
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2,969,076
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------------
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---------
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---------
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----
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------------
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At 1 July 2019
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Income
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Expenditure
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Gains and losses
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At 30 June 2020
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£
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£
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£
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£
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£
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General funds
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5,398,018
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371,203
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(2,060,266)
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(521,920)
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3,187,035
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------------
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---------
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------------
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---------
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Unrestricted Funds
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Total Funds 2021
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£
|
£
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Investments
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2,381,404
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2,381,404
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Current assets
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720,507
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720,507
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Creditors less than 1 year
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(132,835)
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(132,835)
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------------
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------------
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Net assets
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2,969,076
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2,969,076
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------------
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------------
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Unrestricted Funds
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Total Funds 2020
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£
|
£
|
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Investments
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2,353,882
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2,353,882
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Current assets
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905,302
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905,302
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Creditors less than 1 year
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(72,149)
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(72,149)
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------------
|
------------
|
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Net assets
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3,187,035
|
3,187,035
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------------
|
------------
|
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