| rves | |||
|---|---|---|---|
| The balance of Reserves | at 5'" April 2022 was | 2,117,071 | |
| Less Grants | -41,425 | ||
| Add Income | 57,304 | ||
| Administration and other |
expenses | -22,362 | |
| Realised and Unrealised | losses | -220,154 | |
| Balance of Reserves at | 5'" April 2023 | 1,890,434 |
| For the year ended 5April | 2023 | 2023 | |||||
|---|---|---|---|---|---|---|---|
| April 05 | April 05 | April 05 | |||||
| 2023 | 2023 | 2022 | |||||
| F | E | ||||||
| Incoming resources |
|||||||
| Investment income |
|||||||
| Dividend Income |
57,304.19 | 58237.02 | |||||
| Interest Income | 0.00 | 57,304.19 | 0 | ||||
| Total Incoming | Resources | 57,304.19 | 58,237.02 | ||||
| Resources Expended | |||||||
| Investment Management |
Costs | ||||||
| Stockbrokers Costs | 13,088.54 | 15,029.62 | |||||
| Website | 171.00 | 155.00 | |||||
| Bank charges | 12.5 | 13,272.04 | 0 | ||||
| Charitable Activities |
|||||||
| Grants | 40,225.50 | 22,864.00 | |||||
| Administration Costs |
1,200.00 | 41,425.50 | 1,200.00 | ||||
| Governance Costs |
|||||||
| Accountancy fees |
2,400.00 | 2,400.00 | |||||
| Administration fees |
5,430.00 | 3,000.00 | |||||
| Adjustment Examination |
fees | 21/22 | 60.00 | 0.00 | |||
| Examination fees - provision |
1,200.00 | 9,090.00 | 1,140.00 | ||||
| Total Resources Expended | 63,787.54 | 45,788.62 | |||||
| Net Incoming Resources |
-6,483.35 | 12,448.40 | |||||
| Other Recognised Gains and |
Losses | ||||||
| Gains/Losses on investments |
assets | 5,324.39 | 100,907.53 | ||||
| Revaluation of investment |
assets | Note 2 | -225,477.99 | -220,153.60 | -92,220.60 | ||
| Net movement in funds |
-226,636.95 | 21,135.33 | |||||
| Total funds brought forward |
2,117,071.45 | 2,095,936.12 | |||||
| 1,890,434.50 | 2,117,071.45 |
| 2 | INVESTMENTS | |||||
|---|---|---|---|---|---|---|
| (Schedule 2) | Cost | Valuation | ||||
| E | ||||||
| At 5 April 2022 | 1,677,581.91 | 2,053,455.59 | ||||
| Less disposals | 22,283.39 | 37,822.22 | ||||
| 1,655,298.52 | 2,015,633.37 | |||||
| Add purchases | 31,239.85 | 31,239.85 | ||||
| 1,686,538.37 | 2,046,873.22 | |||||
| Decrease in valuation |
0.00 | -215,046.38 | ||||
| At 5 April 2023 | 1,686,538.37 | 1,831,826.84 | ||||
| Profit on sale ofinvestments | ||||||
| Proceeds | 32,715.00 | 32,715.00 | ||||
| Cost of investments | sold | or transferred | 22,283.39 | 37,822.22 | ||
| 10,431.61 | -5,107.22 | 5,324.39 | ||||
| Quoted investments |
at valuation | 1,831,826.84 | ||||
| Brokers dealing account | -1,430.60 | |||||
| Total Investments | at 5 | April 2023 | 1,830,396.24 | |||
| 2022/2023 | 2021/2022 | |||||
| 3 | DEBTORS | F | ||||
| Dividends due |
0.00 | 0.00 | ||||
| 0.00 | 0.00 | |||||
| 4 | CREDITORS | 2022/2023 | 2021/2022 | |||
| E | ||||||
| John Welch 8 Stammers | -fees | 6,630.00 | 4,200.00 | |||
| Examination fees |
1,200.00 | 1,140.00 | ||||
| Preparation ofAccounts |
2,400.00 | 2,400.00 | ||||
| Grants | 2,995.50 | 2,000.00 | ||||
| Website fee | 0.00 | 0.00 | ||||
| 13,225.50 | 9,740.00 |
| Summary | ofGrants | made | during the yea |
during the yea |
r to 5April 2023 | |
|---|---|---|---|---|---|---|
| Category | Number | of Range of | Total | |||
| rants | rants | |||||
| National | Medical | 1000-2000 | 3,000.00 | |||
| Educational | 1,000 | 1,000.00 | ||||
| Local | Educational | 3 | 495.50-1000 | 2,995.50 | ||
| Community | 12 | 1000-10000 | 30,330.00 | |||
| Medical | 0 | |||||
| Individual | Educational | 8 | 60-500 | 3,900.00 | ||
| 41,225.50 | ||||||
| Less | cheques | written | back | -1,000.00 | ||
| 40225.50 |