| Page | ||
|---|---|---|
| Legal and admimstrative | information | |
| Report ofthe trustees | ||
| Independent Examiner's |
Report | |
| Statement offinsncial activities |
| FOR THEENDED | 31MARCH 202 | 3 | |||||
|---|---|---|---|---|---|---|---|
| 2023 | |||||||
| Unrestricted | Restricted | Endowment | 2022 | ||||
| Notes | Funds | Funds | Funds | Total | Total | ||
| Income and endowments | from: | ||||||
| Investments | 44,008 | 44,008 | 41,345 | ||||
| Donations | 2000 | 2000 | 2000 | ||||
| Total income and endowments | 46,008 | 46,008 | 43,345 | ||||
| Expenditure on: |
|||||||
| Rslsmg funds | 6,503 | 6,503 | 6,838 | ||||
| Charitable activities |
23P66 | 23 366 | 11855 | ||||
| Total expenditure | 29869 | 29 869 | 18693 | ||||
| Net income/(exI5enditure) | and net | ||||||
| movement in funds before |
gains/(losses) | 16,139 | 16,139 | 24,652 | |||
| on investments | |||||||
| Net gain/(losses) on investments |
39 10 | 39 10 |
19084 | ||||
| Net income/(exyenditure) | (23,171) | (23,171) | 43,736 | ||||
| Transfers between funds | |||||||
| Other recognised gains/(losses) | |||||||
| Net movement in funds |
12 | (23,171) | (23,171) | 43,736 | |||
| Reconciliation offunds: | |||||||
| Total funds brought forward | 12 | 722,592 | 287,000 | 110,000 | 1,119,592 | 1,075„856 | |
| Total funds carried forward | 12 | 699421 | 283 000 | 110000 | 1096421 | 1 119,592 |
| Note | 2023 | 2022 | |||
|---|---|---|---|---|---|
| Fixed assets | |||||
| Tangible assets | 101,000 | 101,100 | |||
| Investments | 953,962 | 963/23 | |||
| Current assets |
|||||
| Debtors | 10 | 1,049 | |||
| Cash at batik atid m hattd | 46,807 | ||||
| 47,856 | 61,688 | ||||
| Creditors: | |||||
| Amounts falling due within one year |
6,397 | 6,419 | |||
| Net current assets | 41,459 | 55,629 | |||
| Total assets less current liabilities | 1,096,421 | 1,119,592 | |||
| Net assets | 1,096421 | 1,119592 | |||
| Capital fuiids | |||||
| Restricted funds | 287,000 | 287,000 | |||
| Endowments | 12 | 110,000 | 110,000 | ||
| Income funds | |||||
| Unrestricted funds |
12 | 600,841 | 574,797 | ||
| Revalttatioii resi:we |
12 | 98,580 | 145,795 | ||
| Designated fund |
12 | 2,000 | |||
| Total charity funds | 1,096,421 | 1,119,592 |
| Unrestricted | Unrestricted | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Total | Total | ||||||
| Dividends | and interest receivable | 17,008 | 14,427 | ||||
| Property income | 27,000 | 26,918 | |||||
| Donations | 2,000 | 2„000 | |||||
| 46008 | 43 345 | ||||||
| Expenditure | |||||||
| 2023 | 2022 | ||||||
| Total | Total | ||||||
| Raising fends | |||||||
| Investment | manager | fees | 6 503 | 6838 | |||
| Charitable | activities | ||||||
| Grant making activities: | |||||||
| Furtherance ofhealth and social Advancement ofeducation Alleviation ofpoverty |
wellbeing | 13,037 1,000 1 000 |
2,000 2000 |
||||
| 15037 | 4000 | ||||||
| Support costs | |||||||
| Wages | 4,320 | 4,320 | |||||
| Insurance | 766 | 1,786 | |||||
| Postage, stationery | and document | disposal | 94 | ||||
| Travel, training, | subsistence | and | welfare | 506 | |||
| Marketing | 370 | 136 | |||||
| Professional | fees | 90 | |||||
| Legal | 1453 | 733 | |||||
| Depreciation | 100 | 100 | |||||
| 7609 | 7 165 | ||||||
| Governance | |||||||
| Independent | Examination | 720 | 690 | ||||
| Charitable activities |
23366 | ll 855 | |||||
| Total expenditure | 29~869 | 1f1693 |
| Charitable | activities: | |
|---|---|---|
| The s4dr | costs in respect ofthese employees | were as follows: |
| Tangible fbred assets | ||||||
|---|---|---|---|---|---|---|
| Freehold | ||||||
| Long | Land and | |||||
| Leasehold | Equipment | Buildings | Total | |||
| COSTORVALUATION | ||||||
| At 1April 2022 | 100,000 | 6,838 | 1,000 | . | 107,838 | |
| Additions at cost |
||||||
| At 31March 2023 | 100000 | 6 838 | 1 000 | IN | 838 | |
| DEPRECIATION | ||||||
| At 1April 2022 | 6,738 | 6,738 | ||||
| Charge forthe year | 100 | 100 | ||||
| At 31March 2023 | 6,838 | 6 | 838 | |||
| NET BOOKVALUE | ||||||
| At 31March 2022 | 100,000 | 100 | 1 000 | 101,100 | ||
| At 31March 2023 | 100000 | - | 1 000 | 101 | 000 |
| to the M contmues Use ofAssets: |
argaret McMillan Nursery School, an mdepe to f0161Its chaIltable purposes. |
ndent charity, |
on arent free | basis for as long | as the school |
|---|---|---|---|---|---|
| Freehold | |||||
| Long | Land and | 2023 | |||
| Leasehold | Equipment | Buildmgs | Total | ||
| McMih Nursery | School (Reg.no. 1118357) | 1,000 | . . "1;000 | ||
| Friends &Family | ofSpecial Children (Reg.no. 1114692) | 100,000 | '100;000 | ||
| Support | |||||
| 100000 | 1 000 | 101000 |
| Freehold | Listed | 2023 | 2022 | ||
|---|---|---|---|---|---|
| Properly | Portfolio | Total | Total | ||
| Cost ormarket value at 1April | 2022 | 286,000 | 677,223 | 963,223 | 926,510 |
| Additions at cost |
71@06 | 71,206 | 148,010 | ||
| Disposal proceeds | (41,157) | (41,157) | (130,381) | ||
| Net Gain/(Loss) on revaluation | at year end | (39,310) | (39,310) | 19,084 | |
| Market value at31March 2023 | 286 000 | 667 962 | 953962 | 963223 | |
| Historic cost-portfolio | 286,000 | 569384 | 855 384 | 817429 |
| 2023 | 2022 |
|---|---|
| 1049 | |
| 2023 | 2022 |
| 4,001 | 4,000 |
| 2,396 | 2,419 |
| 6397 | 6419 |
| Analysis offunds | ||||||
|---|---|---|---|---|---|---|
| Restricted | ||||||
| Revaluation | Unrestricted | Designated | Capital | Endowment | ||
| Reserve | Funds | Fund | Funds | Funds | Total | |
| Tangible 6xed assets Investments Net current assets |
98,580 | 100,000 459,382 41,459 |
1,000 286,000 |
110,000 | 101,000 953,962 41,459 |
|
| Total net assets | 98680 | 600 841 | 287000 | 110,000 | 1096421 |