Charlty number.. 1002178 THE JOHN HEMINGWAY CHARITABLE TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
| Page | ||
|---|---|---|
| Reference and administrative | details ofthe charity, its trustees and advisers | |
| Trustees' report |
2-3 | |
| Independent examiner's report |
4-5 | |
| Statement offinancial activities |
||
| Balance sheet | ||
| Statement ofcash flows | ||
| Notes to the financial statements | 9-16 |
| Unrestricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| 2022 | 2022 | 2021 | ||||||
| Note | ||||||||
| Income from: | ||||||||
| Donations and legacies |
2 | 5,347 | 5,347 | 51,350 | ||||
| Investments | 3 | 352,783 | 352,783 | 63,265 | ||||
| Total income | 358,130 | 358,130 | 114,615 | |||||
| Expenditure on: |
||||||||
| Governance costs |
4 | 10156 | 10156 | 4,803 | ||||
| Charitable activities |
112,053 | 112,053 | 46,043 | |||||
| Total expenditure | 122,209 | 122,209 | 50,846 | |||||
| Net income before | investment | losses | 235,921 | 235,921 | 63,769 | |||
| Net losses on investments | (310,250) | (310,250) | ||||||
| Net income I(expenditure) | before other recognised | gains | ||||||
| and losses | (74,329) | (74,329) | 63,769 | |||||
| Gains on revaluations | offixed assets | 56,187 | 56,187 | 511,322 | ||||
| Net movement in funds |
(18,142) | (18,142) | 575,091 | |||||
| Reconciliation offunds: |
||||||||
| Total funds brought | forward | 2,125,219 | 2,125,219 | 1,550,128 | ||||
| 2,107,077 | 2,107,077 | 2,125,219 | ||||||
| Total funds carried | forward |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | ||||||||
| Fixed assets | ||||||||
| Investments | 1,979,282 | 2,073,514 | ||||||
| Current assets | ||||||||
| Cash at bank | and | in | hand | 135,758 | 91,129 | |||
| Creditors: amounts | falling due within one | |||||||
| year | (7,963) | (39,424) | ||||||
| Net current | assets | 127,795 | 51,705 | |||||
| Net assets | 2,107,077 | 2,125,219 | ||||||
| Charity Funds | ||||||||
| Unrestricted | funds | 2,107,077 | 2,125,219 | |||||
| Total funds | 2,107,077 | 2,125,219 |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Note | R | |||||||
| Cash flows from operating | activities | |||||||
| Net cash | (used in)/provided | by operating | activities | (768,823) | 29,281 | |||
| Cash flows from investing | activities: | |||||||
| Dividends, interest and rents |
from investments | 352,783 | 63,265 | |||||
| Proceeds | from sale of investments | 755,500 | ||||||
| Purchase | of investments | (294,831) | (237,517) | |||||
| Net cash | provided by/(used |
in) investing | activities | 813,452 | (174,252) | |||
| Change | in cash and cash | equivalents | in | the year | 44,629 | (144,971) | ||
| Cash and | cash equivalents | brought forward |
91,129 | 236,100 | ||||
| Cash and cash equivalents | carried forward | 12 | 135,758 | 91,129 |
| Donations | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||
| funds | 2022f | 2021 | ||||
| Harley Foundation | 11,000 | 11,000 | 11,000 | |||
| Mill Hill | 5,000 | 5,000 | 5,000 | |||
| Rothermere | American | institute | 10,000 | 10,000 | 10,000 | |
| Ellen McArthur Cancer |
Trust | 4,000 | ||||
| StAndrews | Church | Grinton | 3,500 | 3,500 | 3,500 | |
| The Lotus | Foundation | 7,474 | 7,474 | 7,543 | ||
| Mail Force | 5,000 | |||||
| Children's | Hospices | across London | 5,000 | 5,000 | ||
| The Royal | Marsden | Cancer Charity | 5,000 | 5,000 | ||
| Thrombosis | UK | 5,000 | 5,000 | |||
| Guy's and | StThomas' | Charity | 5,000 | 5,000 | ||
| Worksop College Scholarship | 49,679 | 49,679 | ||||
| Worksop College Student Award | 5,400 | 5,400 | ||||
| Total | 112,053 | 112,053 | 46,043 | |||
| Total 2021 | 46,043 | 46,043 |
| Governance costs | |||
|---|---|---|---|
| Unrestricted | Total | Total | |
| funds | funds | funds | |
| 2022 | 2022 | 2021f | |
| Accountancy fees Trustees fees |
2,688 5,328 |
2,688 5,328 |
2,568 601 |
| Broker fees | 2,107 | 2,107 | 1,634 |
| Interest | 33 | 33 | |
| Total | 10,156 | 10,156 | 4,803 |
| Total 2021 | 4,803 | 4,803 |
| Fixed asset investments | |
|---|---|
| Listed | |
| securities | |
| Market value | |
| At 6 April 2021 | 2,073,514 |
| Additions | 294,831 |
| Disposals | (445,250) |
| Revaluations | 56,187 |
| At 5 April 2022 | 1,979,282 |
| Invest | ments at market value comprise: |
||
|---|---|---|---|
| 2022 | 2021 | ||
| Listed | investments | 1,979,282 | 2,073,514 |
| Creditors: Amounts |
falling due within one year | ||
|---|---|---|---|
| 2022f | 2021 | ||
| Accruals and deferred | income | 7,963 | 7,147 |
| Other creditors | 32,277 | ||
| 7,963 | 39,424 |
| Statement | offunds - current year | |||||
|---|---|---|---|---|---|---|
| Balance at | Gains/ | Balance at | ||||
| 6April 2021 | Income | Expenditure | (Losses) | 5 April 2022 | ||
| Unrestricted | funds | |||||
| Designated | Funds - all funds | 2,125,219 | 358,130 | (122,209) | (254,063) | 2,107,077 |
| Statement | offunds - prior year | |||||
| Balance at | Gains/ | Balance at 5 | ||||
| 6April 2020 | Income | Expenditure | (Losses) | April 2021 | ||
| Designated | Funds - all funds | 1,550,128 | 114,615 | (50,846) | 511,322 | 2,125,219 |
| Balance at | Gains/ | Balance at | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 6April 2021 | Income | Expenditure | (Losses) | 5April 2022 | |||||
| E | |||||||||
| Designated | funds | 2,125,219 | 358,130 | (122,209) | (254,063) | 2,107,077 | |||
| Summary | offunds | - prior | year | ||||||
| Balance at | Gains& | Balance at 5 | |||||||
| 6April 2020 | Income | Expenditure | (Losses) | April 2021 | |||||
| Designated | funds | 1,550,128 | 114,615 | (50,846) | 511,322 | 2,125,219 |
| Analy | sis of net assets | between | funds | - current | year | ||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | ||||||||
| funds | funds | ||||||||
| 2022 | 2022 | ||||||||
| F | |||||||||
| Fixed | asset investments | 1,979,282 | 1,979,282 | ||||||
| Current assets | 135,758 | 135,758 | |||||||
| Creditors due within one | year | (7,963) | (7,963) | ||||||
| 2,107,077 | 2,107,077 | ||||||||
| Analysis of net assets between | funds | - prior year | |||||||
| Unrestricted | Total | ||||||||
| funds | funds | ||||||||
| 2021 | 2021 | ||||||||
| Fixed | asset investments | 2,073,514 | 2,073,514 | ||||||
| Current assets | 91,129 | 91,129 | |||||||
| Creditors due within one | year | (39,424) | (39,424) | ||||||
| 2,125,219 | 2,125,219 | ||||||||
| 11. | Reconciliation | of | net movement | in funds | to net cash flow from operating | activities | |||
| 2022 | 2021 | ||||||||
| Net (expenditure)/income | for the | year (as per Statement of Financial | |||||||
| Activities) | (74,329) | 63,769 | |||||||
| Adjustment for: |
|||||||||
| Losses on investments | (310,250) | ||||||||
| Dividends, interest |
and rents from | investments | (352,783) | (63,265) | |||||
| (Decrease)/increase | in creditors | (31,461) | 28,777 | ||||||
| Net cash (used | in)/provided | by | operating | activities | (768,823) | 29,281 | |||
| 12. | Analysis ofcash and cash | equivalents | |||||||
| 2022 | 2021 | ||||||||
| Cash in hand | 135,758 | 91,129 | |||||||
| Total | 135,758 | 91,129 |