| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe charity, its trustees | and advisers | ||
| Trustees' report |
2-5 | |||
| Independent auditors' |
report | 6-9 | ||
| Statement ofRnancial | activities | 10 | ||
| Balance sheet | ||||
| Statement ofcash flows | 12 | |||
| Notes to the financial | statements | 13-26 |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| Note | 2023 6 |
2023 8 |
2023f | 2022 | ||
| INCOME AND ENDOWMENTS | FROM: | |||||
| Investments | 2 | 166,170 | 166,170 | 138,285 | ||
| TOTAL INCOME AND ENDOWMENTS | 166,170 | 166,170 | 138,285 | |||
| EXPENDITURE ON: | ||||||
| Raising funds: | ||||||
| Investment management |
3 | 18,168 | 18,168 | 19,487 | ||
| Charitable activities |
5,6,7 | 140,296 | - | 140,296 | 126,213 | |
| TOTAL EXPENDITURE | 7 | 140,296 | 18,168 | 168,464 | 145,700 | |
| NET INCOME / (EXPENDITURE) BEFORE | ||||||
| INVESTMENT GAINS/(LOSSES) | 16,874 | (18,168) | (2,284) | (7,415) | ||
| Net gains/(losses) on investments |
11 | (246,409) | (246,409) | 236,884 | ||
| NET INCOME I (EXPENDITURE) BEFORE | ||||||
| OTHER RECOGNISED GAINS AND LOSSES | 16,874 | (264,667) | (248,693) | 229,469 | ||
| NET MOVEMENT IN FUNDS |
16,874 | (264,667) | (248,693) | 229,469 | ||
| RECONCIUATION OF FUNDS: |
||||||
| Total funds brought forward |
101,962 | 4,421,966 | 4,623,928 | 4,294,459 | ||
| TOTAL FUNDS CARRIED FORWARD | 117,836 | 4,167,399 | 4,276,236 | 4,523,928 |
| Note | 2023 8 |
f | 2022 f |
|||
|---|---|---|---|---|---|---|
| FIXEDASSETS | ||||||
| Investments | 4,149,672 | 4,402,066 | ||||
| CURRENT ASSETS | ||||||
| Cash at bank and in hand | 146,272 | 152,423 | ||||
| CREDITORS: amounts | falling due within | |||||
| one year | 12 | (19,609) | (30,561) | |||
| NET CURRENT ASSETS | 126,883 | 121,862 | ||||
| NET ASSETS | 4,276,236 | 4,523,928 | ||||
| CHARITY FUNDS | ||||||
| Endowment funds |
13 | 4,167,399 | 4,421,988 | |||
| Unrestricted funds |
13 | 117,836 | 101,962 | |||
| TOTAL FUNDS | 4,276,236 | 4,523,928 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Note | 6 | 5 | ||||
| CASH FLOWS FROM OPERATING | ACTIVITIES | |||||
| Net cash | (used in)/provided by operating activities |
15 | (13,236) | 8,373 | ||
| Proceeds | from sale of investments | 236,426 | err,gee | |||
| Purchase | ofinvestments | (230,340) | (e4e',oee) | |||
| NET CASH USED IN INVESTMENT | ACTIVITIES | 6,066 | 29,898 | |||
| CHANGE | IN CASH AND CASH EQUIVALENTS | IN THE YEAR | (7,161) | 38,271 | ||
| Cash and | cash equivalents brought |
fonvard | 162,423 | 114,152 | ||
| CASH AND CASH EQUIVALENTS | CARRIED FORWARD | 146,272 | 152,423 |
| Unrestricted | Endowment | Total | Total | |
|---|---|---|---|---|
| funds | funds | 2023 | 2022 | |
| 2023 | 2023 | E | E | |
| E | ||||
| Donations | 120,000 | 120,000 | 100,000 | |
| Total 2022 | 100,000 | 100,000 |
| Unrestricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | 2023 | 2022 | |||
| 2023 | 2023 | E | E | |||
| E | E | |||||
| Trustees' | professional | fees | 16,130 | 360 | 16,480 | 23,083 |
| Total 2022 | 22,416 | 667 | 23,083 |
| Unrestricted | Endowment | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023f | 2023 6 |
2023 6 |
2022 | ||
| Auditors' remuneration |
4,020 | 4,020 | 3,660 | ||
| Accountancy | 3,660 | 3,660 | 3,600 | ||
| Subscription | and other charges | 146 | 146 | 137 | |
| Management | |||||
| Legal 8 professional | 12,480 | 360 | 12,840 | 19,483 | |
| 20,296 | 360 | 20,666 | 26,880 | ||
| Total 2022 | 26,213 | 667 | 26,880 |
| Resources | |||||
|---|---|---|---|---|---|
| expended | Total | Total | |||
| 2023 | 2023 | 2022 | |||
| 6 | 6 | ||||
| Expenditure | on investment | management | 18,168 | 18,168 | 19,487 |
| Costs of raising funds | 18,168 | 18,168 | 19,487 | ||
| Direct and | support costs | 121,800 | 121,800 | 110,701 | |
| Expenditure | on governance | 18,496 | 18,496 | 15,512 | |
| 168,464 | 168,464 | I45,700 | |||
| Total 2022 | 145,700 | 145,700 |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Support | |||||
| directly | costs | Total | Total | |||
| 2023 6 |
2023 6 |
2023f | 2022 6 |
|||
| Direct costs - (Donations to registered | ||||||
| charities) | 120,000 | 120,000 | 100,000 | |||
| Trustees | professional | fees | 1,800 | 1,800 | 10,701 | |
| Total 2023 | 120,000 | 1,800 | 121,800 | 110,701 | ||
| Total 2022 | f00,000 | 10,701 | 110,701 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| E | |||||
| Fees | payable to the | charity's | auditor and its associates for the | ||
| audit | ofthe charity's | annual | accounts | 4,020 | 3,660 |
| FIXEDASSET INVESTMENTS | |
|---|---|
| Listed | |
| securities | |
| 6 | |
| Market value | |
| At 1 April 2022 | 4,402,066 |
| Additions | 230,340 |
| Disposals | (236,426) |
| Revaluations | (246,409) |
| At 31 March 2023 | 4,149,672 |
| Historical cost | 3,802,831 |
| 2023 8 |
2022 f |
|---|---|
| 4,149,672 | 4,402,066 |
| 31 March | 31March | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||||
| 8 | |||||||||
| European Equities |
'I66,645 | 96,515 | |||||||
| Hedge Funds and Alternatives | 376,604 | 426,863 | |||||||
| International and Thermatic |
838,814 | 924,402 | |||||||
| International Fixed Interest |
98,966 | 115,603 | |||||||
| Japan, Far East and Emerging | Markets | 467,206 | 500,122 | ||||||
| North American Equities |
477,820 | 499,000 | |||||||
| Property | 95,442 | 133,666 | |||||||
| Structured Return |
305,147 | 385,571 | |||||||
| UK Equities and Unit Trusts | 838,226 | 891,193 | |||||||
| UK Fixed Interest | 484,703 | 428,931 | |||||||
| 4,149,572 | 4,402,066 | ||||||||
| At the year end, Brooks Macdonald, |
the | investment | managers | were | also holding |
a bank | balance o |
||
| 288,020 (2022: 290,838). | |||||||||
| Material Investments | |||||||||
| The holdings which exceeded 5/0 ofthe |
total value of | the portfolio | as at that date were | as follows: | |||||
| Stock/Units | Market value (8) | Percentage | |||||||
| Schroder Unit Trusts Global Equity Income |
232,931 | 5.6'/0 | |||||||
| 12. | CREDITORS: Amounts falling due within |
one year | |||||||
| 2023 | 2022 | ||||||||
| 8 | |||||||||
| Accruals and deferred income |
19,609 | 30,561 |
| STATEMEN | T OF FUNDS - CUR | RENT YEAR | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Gains) | 31 March | ||||
| 1 April 2022 | Income | Expenditure | (Losses) | 2023 | ||
| E | E | E | E | E | ||
| Unrestricted | funds | |||||
| General Funds - all funds | 101,962 | 166,170 | (140,296) | 117,836 | ||
| Endowment | funds | |||||
| Endowment | Fund | 4,421,966 | (16,168) | (246,409) | 4,157,399 | |
| Total offunds | 4,623,928 | 168,170 | (168,454) | (246,409) | 4,276,236 |
| STATEMEN' | T OF FUNDS - PRIO | R YEAR | ||||
|---|---|---|---|---|---|---|
| Batence at | ||||||
| Balance at | Gains/ | 31March | ||||
| 1 April 2021 | income f |
Expenditure | (Losses) | 2022f | ||
| General Funds - all funds | 89,890 | 138,285 | (126,213) | 101,962 | ||
| Endowment | Fund | 4,204,559 | (19,487) | 236,884 | 4,421,966 | |
| Total offunds | 4,294,459 | 138,285 | (145,700) | 236,884 | 4,523,928 |
| ANALYS | IS OF NET ASSETS BETWEEN FUND | S - CURRENT YEAR | ||
|---|---|---|---|---|
| Unrestricted | Endowment | Total | ||
| funds | funds | funds | ||
| 2023 | 2023 | 2023 | ||
| E | E | 6 | ||
| Fixed asset investments | 4,149,672 | 4,149,672 | ||
| Current | assets | 132,791 | 12,481 | 145,272 |
| Creditors | due within one year | (14,956) | (4,664) | (19,609) |
| 117,836 | 4,167,399 | 4,275,235 |
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | - PRIOR YEAR | ||
|---|---|---|---|
| Unrastr/c/ed | Endowment | Tote/ | |
| funds | funds | funds | |
| 2022 | 2022 f |
2022 | |
| Fixed asset investments | 4,402,066 | 4,402,066 | |
| Current assets | 127,868 | 24,555 | 152,423 |
| Creditors due within one year | (25,906) | (4,655) | (30,562) |
| 101,962 | 4,421,966 | 4,523,927 |
| ACTIVITIES | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2023 6 |
2022f | |||||||
| Net (expenditure)/income | for | the year (as per Statement ofFinancial | ||||||
| Activities) | (246,693) | 229,469 | ||||||
| Adjustment | for. | |||||||
| (Gain) / loss | on investments | 246&409 | (235,735) | |||||
| (Decrease)/increase | in | creditors | (10,962) | 14,639 | ||||
| Net cash (used In)/provided | by operating | activities | (13,236) | 8,373 | ||||
| 16. | ANALYSIS OF CASH | AND CASH EQUIVALENTS | ||||||
| 2023 E |
2022f | |||||||
| Cash in hand | 146,272 | f52,423 | ||||||
| Total | 146,272 | 152,423 |
| 18. | Donations to registered |
Donations to registered |
Donations to registered |
charities | charities | |||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022f | |||||||
| Adami Project | 1,000 | |||||||
| Amref Health Africa | 1,000 | |||||||
| Anaphylaxis Campaign |
1,000 | |||||||
| Appropriate Technology |
Assistance | 1,000 | ||||||
| Animal Antics |
2,000 | |||||||
| Ashford &Tenterden |
Umbrella | 1,500 | ||||||
| BCreativity Trust | 1,500 | |||||||
| Blesham | 1,000 | |||||||
| Brecon and District Disabled | Club | 2,000 | ||||||
| British Polio Fellowship | 1,000 | |||||||
| British Red Cross | 2,000 | |||||||
| Care for Carers | 1,000 | |||||||
| Catching Lives |
1,600 | |||||||
| Castle Point Social Care | Scheme Limited | 2,600 | ||||||
| Cavernoma Alliance |
UK | 2,000 | ||||||
| Chernobyl Children |
In | Need | 1,500 | |||||
| Child ofHope | 1,500 | |||||||
| Children Ahead Ltd |
1,000 | |||||||
| Children ofthe Making |
1,000 | |||||||
| Chlldrens Burns Trust |
2,000 | |||||||
| Childrens Hospital Pyjamas |
3,000 | |||||||
| Church Homeless Trust |
1,000 | |||||||
| The Circular Sailing | Trust | 1,000 | ||||||
| City Gate Community | Projects | 2,000 | 1,000 | |||||
| Clean Rivers Trust | 1,600 | |||||||
| Clothing Solutions |
2,000 | |||||||
| Criminon UK |
1,600 | |||||||
| Cued Speech UK Limited | 2,000 | |||||||
| Cure International UK |
1,500 | |||||||
| CPIN Away | 1,500 | |||||||
| Dame Vera Lynn Childrens | Charity | 2,600 | ||||||
| Dandelion Time |
1,000 | |||||||
| Demelze House Childrens | Hospice | 1,000 | ||||||
| Duchenne UK |
3,000 | |||||||
| Ellenor | 1,000 | |||||||
| Excellent Development | 1,000 | |||||||
| Fight Against Blindness | 2,000 | |||||||
| Four Paws | 2,000 | |||||||
| Gingerbread the Charity |
2,000 | |||||||
| Goodlife Rescue | 2,000 | |||||||
| Handicaps International |
Ltd | 2,600 | ||||||
| Havens Hospice | 1,000 | |||||||
| Hope Health Action | 1,500 | |||||||
| Horizons (Plymouth) |
2,000 | |||||||
| Hour Community | 2,000 | |||||||
| House ofMercy | 1,000 | |||||||
| Hypo Hands UK |
1,000 | |||||||
| International Animal |
Rescue | 2,000 | ||||||
| International Needs |
UK | 1,000 | ||||||
| ITSchools Africa | 1,600 | |||||||
| Jigsaw (South East) | 1,000 |
| Kent Search &Rescue (Lowland) | Kent Search &Rescue (Lowland) | Kent Search &Rescue (Lowland) | Kent Search &Rescue (Lowland) | 2,500 | |
|---|---|---|---|---|---|
| Littfe Village | 1,000 | ||||
| Linking Environment and |
Farms | 2,000 | |||
| Little Lifts | 1,600 | ||||
| London Wheelchair Rugby Club |
2,000 | ||||
| Lotus Flower Trust | 2,000 | ||||
| Make Them Smile | 1,500 | ||||
| Maiden City SoccerAcademy |
2,000 | ||||
| Marine Conservation Society |
1,000 | ||||
| Mast Cell Action | 2,600 | ||||
| Medecins San Frontiers | 2,000 | ||||
| Mondo Challenge Foundation |
1,OOO | ||||
| Mothers 2 Mothers | 2,000 | ||||
| Mummys Star |
2,000 | ||||
| National Literacy Trust |
2,000 | ||||
| Nicodemus | 2, OOO | ||||
| Nowzad | 2,000 | ||||
| NSPCC Ukrainian Aid |
2,000 | ||||
| On Course Foundation | 1,600 | ||||
| Oxfam Ukraine Humanitarian |
Appeal | 2,000 | |||
| People's Trust for Endangered | Species | 2,000 | |||
| Porchlight | 2,000 | ||||
| Prevent 2 Project | 1,500 | ||||
| Prince ofWales Youth Club | 2,500 | ||||
| Prisoners Education Trust |
2,000 | 1,500 | |||
| Prostate Cancer UK | 1,600 | ||||
| Raising Futures Kenya | 2,000 | ||||
| Raw Workshop | 1,600 | ||||
| Rising Sun | 1,500 | ||||
| Parridge & Pens Gahna |
2,000 | ||||
| Pear Tree - Special School Fund | 1,000 | ||||
| Peoples Trust for Endangered | Species | 1,OOO | |||
| Pipal Tree | 2,OOO | ||||
| Pet Food Bank Service | 1,500 | ||||
| Pragya | 1,OOO | ||||
| Quest for I earning |
1,000 | ||||
| Romney Resource 2000 | Ltd | 1,600 | |||
| Re-Cycle | 1,000 | ||||
| Sanitation First Umited |
2,000 | ||||
| Scholarship for Street Kids |
1,500 | ||||
| Secret World Wildlife Rescue | 2,000 | ||||
| Seed International Fund Trust |
1,000 | ||||
| Send a Cow | 1,500 | ||||
| Shrewsbury Christian Centre |
Association | 1,000 | |||
| Spinal Muscular Atrophy |
UK | 1,500 | |||
| Standard Life |
1,500 | ||||
| Strong Men | 1,000 | ||||
| Surfers Against Sewage | 1,000 | ||||
| Survive | 1,500 | ||||
| Thanet Trust | 2,000 | ||||
| The Born Free Foundation | 2,000 | ||||
| The British Forces Foundation | 1,KO | ||||
| The British Red Cross Society | 3,600 | ||||
| The Childrens Adventure |
Farm | Trust | 1,OOO | ||
| The David Sheldrick Wildlife Trust | 1,500 | ||||
| The Food Chain (UK) Limited | 1,000 | ||||
| The Frozen Ark Project | 1,500 | ||||
| Page 25 |
| The Greenpeace Environmental |
The Greenpeace Environmental |
Trust | Trust | 1,000 | |
|---|---|---|---|---|---|
| The Hill 112Memorial Foundation |
1,000 | ||||
| The Jessie May Trust | 1,500 | ||||
| The Just a Drop Appeal | 2,000 | ||||
| The Kinetic Science Foundation | 1,500 | ||||
| The Living Paintings Trust |
1,000 | ||||
| The Methodist- Relief &Devp Fund |
1,000 | ||||
| The Migraine Trust |
1,600 | ||||
| The Move Partnership | 2,000 | ||||
| The Pituitary Foundation |
1,600 | ||||
| The Rural Coffee Caravan | 1,000 | ||||
| The Save the Children Fund |
3,000 | ||||
| The Society of Friends of Mvumi | Hospital | 2,000 | |||
| The Society of Protecdon ofAnimals |
Abroad | 1,000 | |||
| The United Society | 1,500 | ||||
| Their Future Today | 1,500 | ||||
| Tourette Syndrome (UK) |
1,600 | ||||
| Tunbrldge Wells Counselling |
Centre | 1,600 | |||
| War Child | 3,000 | 1,500 | |||
| Wildwood Trust |
2,500 | ||||
| Wetherbys Support ofthe Elderly |
2,000 | ||||
| Whale and Dolphin Conservation |
2,000 | ||||
| Women and Children First UK |
1,000 | ||||
| World Cancer Research Fund |
1,500 | ||||
| Young & Inspired Ltd |
1,600 | ||||
| Youth on the Move London | 1,500 | ||||
| Total | 120,000 | 100,000 |