2022-12-31-accounts - Wise Music Foundation

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donations (	2021:80)	.Grants to insti	tutions in excess ofZ5,000 we	re made as follows:
Institution			No ofdonations
Make them	Smile		1	5,000
London International		Festival of
EM St.Nicholas	I-lospice	Care	I 2	5,000 10,000
Lifelites			I	7,000
Westminster Other under	Synagogue f5,000		1 54	5,000 76,622
Total			60	108,622

							31.12.22	31.12.21
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	full d3
				Notes
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				105,540		105,540	102,404
Investment	income				14,398		14,398
Total					119,938		119,938	102,404
EXPENDITURE ON
Charitable	activities
Grants and donations Raising funds					108,622 740		108,622 740	165,083
Other					2,400		2,400	2,400
Total					111,762		111,762	167,483
NET INCOME/(EXPENDITURE)					8,176		8,176	(65,079)
RECONCILIATION		OF FUNDS
Total funds	brought forward				(25,921)	249,000	223,079	288,158
TOTAL FUNDS CARRIED FORWARD					~17,745)	249,000	231,255	223,079

					31.12.22	31.12.21
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes
FIXEDASSETS
Social investments		8		249,000	249,000	249,000
CURRENT ASSETS
Cash at bank			11,055		11,055	5,279
CREDITORS
Amounts falling due within	one year	9	(28,800)		(28,800)	(31,200)
NET CURRENT ASSETS/(LIABILITIES)			~17,745)		~17,745)	~25,921)
TOTAL ASSETSLESSCURRENT
LIABILITIES			(17,745)	249,000	231,255	223,079
NET ASSETS			~17,745)	249,000	231,255	223,079
FUNDS		10
Unrestricted funds:
General fund Restricted funds:					(17,745)	(25,921)
Restricted fund					249,000	249,000
TOTAL FUNDS					231,255	223,079

					Grant
					funding of
					activities
				Direct	(see note
				Costs	4)	Totals
	Grants and donations Raising funds			740	108,622	108,622 740
				740	108,622	109,362
4.	GRANTS PAYABLE
					31.12.22	31.12.21
	Grants and donations				108,622	165,083
	The total grants paid to institutions	during	the year was as follows:
					31.12.22	31.12.21
	General Educations &training Medical, health & sicl&ness Disability Overseas and famine relief Religion Art &culture				33,800 6,962 14,720 21,340 5,000 7,000 19,800	76,714 6,300 7,550 37,419 4,000 11,000 22,100
					108,622	165,083
5.	SUPPORT COSTS
						Governance
						cost'8
	Other resources expended					2,400

for t	he Year Ended 31 Dectunber 2022	he Year Ended 31 Dectunber 2022	he Year Ended 31 Dectunber 2022
7.	COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			fund	fund	funds
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		102,404		102,404
	EXPENDITURE ON
	Charitable activities
	Grants and donations		165,083		165,083
	Other		2,400		2,400
	Total		167,483		167,483
	NKT INCOME/(EXPENDiTURE)		(65,079)		(65,079)
	RECONCILIATION	OF FUNDS
	Total funds brought forward		39,158	249,000	288,158
	TOTAL FUNDS CARRIED FORWARD		~25,921)	249,000	223,079
8.	SOCIAL INVESTMENTS
					Other
					investments
	MARKET VALUE
	At 1 Januaty 2022 and 31 December 2022				249,000
	NET BOOK VALUE
	At 31 December 2022				249,000
	At 31 December 2021				249,000

Detailed Statement ofFinancial Activities
for the Year Ended 31 December 2022
	31.12.22	31.12.21
INCOME AND ENDOWMENTS
Donations and legacies
Donations	105,540	102,404
Investment income
Other fixed asset inv - VnFII	14,398
Total incoming resources	119,938	102,404
EXPENDITURE
Charitable activities
Advertising	740
Grants to institutions	108,622	165,083
	109,362	165,083
Support costs
Governance costs
Accountancy and legal fees	2,400	2,400
Total resources expended	111,762	167,483
Nct income/(expenditure)	8,176	~65,079)