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Charlty number.. 1002178
THE JOHN HEMINGWAY CHARITABLE TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
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|||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|
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|||||||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||||||||
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|||||||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|
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||||||||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|
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|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||
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|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||
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|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|
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|Invest|ments
at market value comprise:|||
|---|---|---|---|
|||2022|2021|
|Listed|investments|1,979,282|2,073,514|
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|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|
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|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|
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||||||Balance at|||Gains/|Balance at|
|---|---|---|---|---|---|---|---|---|---|
||||||6April 2021|Income|Expenditure|(Losses)|5April 2022|
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|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|
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|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|
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