| Page | |||
|---|---|---|---|
| Charity particulars | |||
| Report ofthe Trustees | |||
| Independent examiner's |
report | ||
| Statement offinancial activities | |||
| Balance sheet | |||
| Cash flow statement | |||
| Notes tothe financial statements | 8-m |
| Note | 2023 | 2022 | |||
|---|---|---|---|---|---|
| INCOME | |||||
| Activities in furtherance | ofthe | charity's objects: | |||
| Investment income |
58,971 | 52,488 | |||
| TOTAL INCOME | E58,971 | E52,488 | |||
| EXPENDITURE | |||||
| Costs ofactivities in furtherance | ofthe charity's | objects: | |||
| Grants and allowances | 3 | 3,000 | 3,000 | ||
| Management and administration |
10,746 | 17,636 | |||
| Overseas taxation | 1,300 | 972 | |||
| TOTAL EXPENDITURE | E15,046 | E21,608 | |||
| NET INCOME / (EXPENDITURE) | |||||
| BEFORETRANSFERS | 43~925 | 3o,88o | |||
| Profit/(Losses) on investment |
assets: | ||||
| Realised | (15070) | 21,890 | |||
| Unrealised | (115,288) | 105,092 | |||
| Net movement in funds |
(86,433) | 157,862 | |||
| Funds balance at 1April 2022 | 1,953,552 | 1,7951690 | |||
| Funds balance at 31March 2023 | E1,867,119 | Elp953,552 |
| Note | 2023 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| Net cash (outflow)/inflow | from | ||||||
| operating activities |
1 | 43 | 925 | 3o,88o | |||
| Capital Expenditure | |||||||
| Purchase ofinvestment | (44i549) | (144,328) | |||||
| Proceeds from sale ofinvestments | 75927 | 183,275 | |||||
| 31,378 | 38,947 | ||||||
| (Decrease)/Increase in cash |
75 | 3o3 | 69,827 | ||||
| Notes tothe cashflow | statement | ||||||
| Reconciliation ofchanges | in resources to | ||||||
| net cash inflow from | operating | activities | |||||
| Changes in resources | 43i925 | 3o,88o | |||||
| (Decrease)/Increase | in creditors | ||||||
| Net cash (outflow)/inflow | from | operating | |||||
| activities | E43,925 | E3o,88o | |||||
| Analysis ofchanges | in net | cash | |||||
| A~ttA | ril | Cashflow | A~t | ||||
| 2022 | M~h | ||||||
| Cash at bank and in | hand | E194,358 | E75,303 | E269,661 |
| 3. | GRANTS PAYABLE | ||||
|---|---|---|---|---|---|
| 2023 | 2023 | 2022 | 2022 | ||
| Number | Value | Number | Value | ||
| Payable to institutions | 1 | E3,000 | 1 | f3,000 | |
| The following grants to institutions | were made: | ||||
| 2023 | 2022 | ||||
| Whiteley Scholarship | E3,000 | f3&000 | |||
| E3,000 | E3,000 |
| 5. | TOTALRESOURCESEXPENDED | TOTALRESOURCESEXPENDED | |||
|---|---|---|---|---|---|
| Total | Total | ||||
| Other direct | 2023 | 2022 | |||
| Grants payable | 3,000 | 3,000 | 3,000 | ||
| Management and administration |
to,746 | 10,746 | 17,636 | ||
| Total resources expended | E13,746 | E13,746 | Eao,636 | ||
| Other direct costs include: | |||||
| Independent examiners remuneration |
E2,160 | E2,160 | |||
| 6. | FIXEDASSETINVESTMENTS | ||||
| At 1April 2022 | 1,761,875 | 1,673,840 | |||
| Acquisitions at cost |
44i549 | 144,328 | |||
| Disposals at cost | (62,728) | (161,385) | |||
| Net profit /()oss) on revaluation | (143557) | 105,092 | |||
| Market value at 31March | 2023 | E1,600,139 | E1,761,875 | ||
| CREDITORS: Amounts | falling due | within one year | |||
| Accruals | E2,681 | E2,681 |
| Investment | ||||||
|---|---|---|---|---|---|---|
| At 1April 2022 |
~Ed& | gains/ tt t |
At 31March ~202 |
|||
| General reserve | 1,953,552 | 58,971 | (15,046) | (130,358) | 1,867,119 | |
| Total unrestricted | funds | f1,953,552 | f58&971 | f(15,o46) | (f13o,366) | f1,867,119 |
| 2023 | 2022 | |
|---|---|---|
| Investments | 1,600,139 | 1,761&875 |
| Current assets | 269,661 | 194,358 |
| Current liabilities | (2,681) | (2,681) |
| Total Net Assets | f1,867,119 | f1,953,552 |