| Page | ||
|---|---|---|
| Report ofthe Trustees | ||
| Independent Examiner's |
Statement | |
| Statement of Financial | Activities | |
| Balance Sheet | ||
| Notes to the Accounts | 8 to9 | |
| Detailed Statement of Financial Activities | 10to 11 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted funds |
Restricted funds |
Total | ||||
| 6 | ||||||
| Income | ||||||
| Income from generated |
funds | |||||
| Donations and legacies |
25,586 | 215,320 | 240,906 | 248,754 | ||
| Losses from Investments | (4,747) | (16,447) | (21,194) | 1,158 | ||
| Total Income and endowments |
20,839 | 196,873 | ~219712 | 249912 | ||
| Expenses | ||||||
| Costs ofgenerating funds |
||||||
| Investment Management |
fees | 1,584 | 1,584 | 1,646 | ||
| Expenditure on Charitable |
activities | 90,673 | 311,750 | 402,423 | 293,004 | |
| Total Expenses | 90,673 | 313,334 | 404007 | 294 650 | ||
| Net gains on investments |
||||||
| Net Outgoings | (69,834) | (114,461) | (184,295) | (44,738) | ||
| Transfers between funds |
20,000 | |||||
| Gains/(losses) on revaluation |
of fixed assests | |||||
| Net movement in funds: |
||||||
| Net income for the year | (69,834) | (114461) | (184,295) | (24,738) | ||
| Total funds brought forward |
455,190 | 1609090 | 2064280 | 20690/8 | ||
| Net funds carried forward | 385,356 | 1,494,629 | 1,879,985 | 2,064,280 |
| BALANCE SHEET AT 31/08/2023 | |||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Notes | 8 | f | |||||
| CURRENT ASSETS | |||||||
| Debtors (amounts | falling | due within one year) | 119,307 | 217,922 | |||
| Investments | 1,883,791 | 2,053,546 | |||||
| Cash at bank and | in hand | 1,467 | 18,719 | ||||
| 2,004,565 | 2,290,187 | ||||||
| CREDITORS: Amounts | falling due within one year | 124580 | 225907 | ||||
| NET CURRENT ASSETS | 1879985 | 2064 280 | |||||
| TOTAL ASSETS | LESSCURRENT LIABILITIES | 1,879,985 | 2,064,280 | ||||
| CAPITAL AND RESERVES | |||||||
| Unrestricted funds |
|||||||
| General fund |
390,269 | 455,190 | |||||
| Restricted funds | 14897 8 | '/ | 609090 | ||||
| 1,879,985 | 2.0C4.2!ia |
| 4.CRE | DITORS: A | MOUNTS FALLING DUE WITHIN ONE YEAR |
||
|---|---|---|---|---|
| 2023 | 2022f | |||
| Newton | Enterpnses | Ltd | 3,314 | 16,597 |
| Other creditors | ||||
| 121,266 | 209,310 | |||
| 124,580 | 225,907 |
| Brought forward |
Incoming resources |
Outgoing resources |
Transfers | Carried forward |
|||
|---|---|---|---|---|---|---|---|
| 6 | f | 6 | 6 | ||||
| General | fund | 455,190 | 20,839 | (90,673) | 385,356 | ||
| 455.190 | 211,839 | ~AQS73) | 385,356 |
| Brought | Incoming | Outgoing | Carried | |
|---|---|---|---|---|
| forward | resources | resources | forward | |
| 6 | 6 | 6 | 6 | 6 |
| 1,609,090 | 198,873 | (313,334) | 1,494,629 | |
| 1.60,0 0 | 198.873 | @3313,334 | - | 1,494,629 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Incoming | resources | |||||||
| Incoming | resources | from generated | funds | |||||
| Donations | ||||||||
| Donations | receivables | 240,906 | 246,269 | |||||
| Donations- | HMRC Gift | Aid | 2,485 | |||||
| 240,906 | 248,754 | |||||||
| 240,906 | 248,754 | |||||||
| Investment | income | |||||||
| Interest/dividends | 166 | 15,413 | ||||||
| Losses on | investment | assets | ~21 360 | ~/4 255 | ||||
| (21,194) | 1,158 | |||||||
| (21,194) | 1,158 | |||||||
| 219,712 | 249,912 |
| for the year ended | 31/08/2023 | |||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Expenses | ||||||
| Costs of | generating | funds | ||||
| Investment | Management | Costs | ||||
| Investment | Management | fees | 1,584 | 1,646 | ||
| 1,584 | 1,646 | |||||
| 1,584 | 1,646 | |||||
| Charitable | Activities | |||||
| Bursaries | paid and payable | 399,023 | 289,604 | |||
| Advertisement | 2,500 | 2,500 | ||||
| 401,523 | 292,104 | |||||
| Governance | Costs | |||||
| Independent | Examiner's | Fees | 900 | 900 | ||
| 900 | 900 | |||||
| 404,007 | 294,650 |