| Page | ||
|---|---|---|
| Trustees' Annual Report |
1-5 | |
| Independent Examiner's |
Report | |
| Statement of Financial Activities |
||
| Balance Sheet | ||
| Notes to the Financial Statements | 9-15 |
| Unrestricted | Funds | Total Funds | Total Funds | ||||
|---|---|---|---|---|---|---|---|
| Income | Capital | ||||||
| Page | Fund f |
Fund f |
2022 f |
2021 | |||
| Income from: | |||||||
| Investments (note 2) |
40,223 | 40,223 | 35,717 | ||||
| Total income | 40,223 | 40,223 | 35,717 | ||||
| Expenditure on: |
|||||||
| Charitable activities |
(note 3) | 292,274 | 292,274 | 69,147 | |||
| Raising funds (note | 4) | 50,010 | 50,010 | 48,371 | |||
| Total expenditure | 342,284 | 342,284 | 117,518 | ||||
| Total (losses)/gains | on investments | 13 | |||||
| (note 5) | (230,508) | (230,508) | 717,762 | ||||
| Net (expenditure)/income | (302,061) | (230,508) | (532,569) | 635,961 | |||
| Transfers between |
funds | 302,061 | (302,061) | ||||
| (Losses)/gains on foreign currency |
(5,062) | (5,062) | 2,323 | ||||
| Net movements in |
funds | (537,631) | (537,631) | 638,284 | |||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward at 1 January 2022 | 4,510,498 | 4,510,498 | 3,872,214 | |||
| Total funds carried | forward at 31 December 2022 | f | F | 3,972,867 | F 3,972,867 f4,510,498 |
| Page | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| INCOME FROM INVESTMENTS | E | E | ||||
| Income from quoted | investments | 39,011 | 35,700 | |||
| Bank deposit interest | 1,212 | 17 | ||||
| Total Income from | investments | 7 | F | 40,223 | E | 35,717 |
| Page | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|
| 3. | EXPENDITURE ON CHARITABLE ACTIVITIES | E | |||||
| Grants Awarded: | |||||||
| Leonard Cheshire | 115,000 | ||||||
| NACOA | 36,000 | ||||||
| Village Water | 36,000 | ||||||
| MAP | 18,000 | ||||||
| Sightsavers | 18,000 | ||||||
| Book Trust | 10,000 | ||||||
| National Youth Orchestra |
10,000 | ||||||
| Papyrus | 10,000 | ||||||
| Measham Foundation |
5,000 | ||||||
| Plan International | 5,000 | ||||||
| Refugee Action | 5,000 | ||||||
| Refugee Education | 5,000 | ||||||
| LEPRA | 3,000 | ||||||
| Orbis | 2,500 | ||||||
| Street Child | 2,500 | ||||||
| Carers Worldwide | 2,000 | 2,000 | |||||
| Shelter Box | 1,000 | 6,000 | |||||
| ACAA | 1,000 | 2,000 | |||||
| Stoke Mandeville | 1,000 | ||||||
| Christian Aid |
500 | 3,000 | |||||
| rYico UK | 5,500 | ||||||
| One in four | 5,000 | ||||||
| Excellent development | 5,000 | ||||||
| African Children | 5,000 | ||||||
| Music for All | 5,000 | ||||||
| Hands Up Foundation |
3,000 | ||||||
| Miscarriage Association |
3,000 | ||||||
| Hope for the young | 2,500 | ||||||
| Tearfund | 2,500 | ||||||
| Evergreen Africa |
2,000 | ||||||
| Tools for self reliance | 2,000 | ||||||
| Whoopsadaisy | 1,000 | ||||||
| Playlist for Life | 1,000 | ||||||
| Wimbledon Society |
1,000 | ||||||
| Polka Theatre | 1,000 | ||||||
| Freedom from torture | 1,000 | ||||||
| Sirona | 1,000 | ||||||
| C Potential | 1,000 | ||||||
| Strongbones | 1,000 | ||||||
| Finance expenditure | arising on discount of long-term | grant | |||||
| commitments | (1,323) | 1,407 | |||||
| Total grants awarded | (carried forward) | 285,177 | 62,907 |
| Page | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|
| EXPENDITURE ON CHARITABLE ACTIVITIES (continued) | E | 6 | ||||||
| Total grants awarded (brought forward) |
285,177 | 62,907 | ||||||
| Governance costs | ||||||||
| Accountancy and administration fees |
5,700 | 5,040 | ||||||
| Independent examination fees |
1,200 | 1,200 | ||||||
| Bank Charges | 197 | |||||||
| Total governance costs |
7,097 | 6,240 | ||||||
| Total charitable activities |
7 | g | 292,274 | F | 69,147 | |||
| 4. | EXPENDITURE ON RAISING FUNDS | |||||||
| Investment management fees |
50,010 | 48,371 | ||||||
| Total expenditure on raising funds |
7 | F | 50,010 | 5 | 48,371 | |||
| 5. | INVESTMENTS AND CASH UNDER MANAGEMENT | |||||||
| Quoted investments within the United |
Kingdom | 911,014 | 921,265 | |||||
| Quoted investments outside the United |
Kingdom | 2,921,849 | 3,271,845 | |||||
| 3,832,863 | 4,193,110 | |||||||
| Cash held as part ofthe investment | portfolios | 131,898 | 252,138 | |||||
| 8 | f:3,964,761 | E4,445,248 | ||||||
| Analysis of movement of investments |
||||||||
| Net realised investment gain |
(91,960) | 358,305 | ||||||
| Net unrealised investment gain |
(138,548) | 359,457 | ||||||
| Net gains on investments | 7 | 5 | (230,508) | F | 717,762 | |||
| Market value at 1 January 2022 | 4,193,110 | 3,717,889 | ||||||
| Additions at cost |
1,682,547 | 1,029,908 | ||||||
| Proceeds from sales of investment | (1,812,286) | (1,272,449) | ||||||
| Net realised investment gain |
(91,960) | 358,305 | ||||||
| Net unrealised investment gain |
(138,548) | 359,457 | ||||||
| Ililarket value at 31 December 2022 | f3,832,863 | g 4,193,110 |
| Page | 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CREDITORS - amounts | falling | due | within one year | E | ||||||
| Donation Commitments |
44,500 | 39,000 | ||||||||
| Investment management |
fees | 13,004 | 12,890 | |||||||
| Accountancy and administration |
fees | 5,220 | 9,840 | |||||||
| Independent examination |
fees | 1,200 | 2,400 | |||||||
| Total creditors —amounts falling due within one year |
8 | 6 | 63,924 | f | 64,130 | |||||
| 7. | CREDITORS —amount | falling | due after more than one year | |||||||
| Donation Commitments |
52,427 | 8,252 | ||||||||
| Total creditors —amounts falling |
due after more than | |||||||||
| one year | 8 | 6 | 52,427 | F | 8,252 |
| 11. PRIOR YEAR |
INCO | M | E AND CAPITA | L FUND A | NALYSIS | ||
|---|---|---|---|---|---|---|---|
| Income from: | Income Fund f |
Capital Fund f |
Total Funds f |
||||
| Investments | 35,717 | 35,717 | |||||
| Total income | 35,717 | 35,717 | |||||
| Expenditure on: |
|||||||
| Charitable activities |
69,147 | 69,147 | |||||
| Raising funds | 48,371 | 48,371 | |||||
| Total expenditure | 117,518 | 117,518 | |||||
| Net gains on investments: | |||||||
| Realised gains | 358,305 | 358,305 | |||||
| Unrealised gains |
359,457 | 359,457 | |||||
| Total gains on investments | 717,762 | 717,762 | |||||
| Net (expenditure)/income | (81,801) | 717,762 | 635,961 | ||||
| Transfers between |
funds | 81,801 | (81,801) | ||||
| Loss on foreign currency | movement | 2,323 | 2,323 | ||||
| Net movements in funds |
638,284 | 638,284 | |||||
| Reconciliation offunds: |
|||||||
| Total funds brought | forward | at 1 January 2021 | 3,872,214 | 3,872,214 | |||
| Total funds carried | forward | at 31 December | 2021 | f. - |
f4,510,498 | f 4,510,498 |