| Review of activitíes | ||
|---|---|---|
| Duringtheyear donationsand grantscornprised | 2023 | 2022 |
| L | f | |
| Disaster Etnergency Committee-Ukraine | 108,718 | |
| TheDrinksTrust | 45,000 | 30,000 |
| LondonYouthRowing | 25,000 | 50,000 |
| CityHarvest | 50,000 | |
| OutsideEdgeTheatre | 20,000 | |
| spitalfields Trust | 10,000 | 15,000 |
| School home suppolt | 10,000 | |
| Nehemiah Project | 10,000 | 10,000 |
| NewRegent's College | 12,000 | 15,000 |
| Khulisa | 10,000 | 10,000 |
| VeteransAid | 10,000 | |
| AbramWilsonFoundation | l0,000 | 10,000 |
| Caritas | 10,000 | |
| Key4Life | 10,000 | |
| AmyWinehouseFoundation | 10,000 | |
| Purchases f'ortheChildren'sChristmas Appeal | t5,596 | 16,314 |
| Morethan 50 Charitiesreceived donationsandgrantsofÊ7,500orless | 205,666 | 205,588 |
| Totaldonationsandgrantsfolthefinancialyear | 433,262 | 500,620 |
TATEMENTOFFINANCIALA xpenditure Account) r the yearended3lMarch2023 |
CT |
IVITIES(Includ |
ingIncomeand | ingIncomeand | ||
|---|---|---|---|---|---|---|
| Notes | Unrestricted Funds |
RestrictedExpendable FundsEndowment |
Total 2023 |
Total 2022 |
||
| 2023 î. |
2023 f,Ê |
2023 | Ê | î, | ||
| Income | ||||||
| Donatious andlegacies | t48.769 | 280,000 | 428,769 | 1,411,218 | ||
| Fundraisingactivities | 7,060 | 7,060 | 58,628 | |||
| 148,769 | 7,060 | 280,000 | 435,829 | 1,469,846 | ||
| Investrnent inçome | 2 | t41,483 | 13t,216 | 272,759 | 243,856 | |
| Totalincome | 290,252 138,336280,000 | 708,588 | 1,713,702 | |||
| Expenditure | ||||||
| Charitableactivities | 3 | 330,843 | 1I 1,960 |
442,803 | 517,357 | |
| Totalexpenditure | 330,843l l l,960 | 442,803 | 5l'l,357 | |||
| Net income beforenetgains on investments |
(40,ser) | 26,376 | 280,000 | 265,785 | t,196,345 | |
| Netgains/(losses)on | 5 | (r46,408) | (171,200) | (34,049) | (351,657) | 612,114 |
| investments Net income andnetmovementin |
(l86,9ee) | (144,524)24s,95t(8s,872) | 1,808,4s9 | |||
| funds | ||||||
| Totalfundsbroughtforward | 4,195,323 | 4,668,439956,514 | 9'820,276 | 8'011'817 | ||
| Totalfundscarriedlbrward | 4,008,324 | 4,523,615 | 1,202,465 | 9,134,404 | 9,820,276 |
| heVintners'Foundation(incorporatingVintn TATEMENTOFFINANCIALPOSITION sat31March2023 |
ers' Gifts Ch | arityandSaveou | rSwans |
|---|---|---|---|
| Notes | 2023 | 2022 | |
| r. | f. | ||
| FIXEDASSETS Investments |
5 | 9,468,357 | 9,536,143 |
| CURRENTASSETS Debtors |
6 | 82,140 | 86,094 |
| Cash atbank | 192,907 | 20'1,045 | |
| 215,047 | 293,r39 | ||
| CREDITORS: AMOUNTSFALLINGDUEWITHIN | 7 | (9,000) | (9,006) |
| ONEYEAR | |||
| NET CURRENTASSETS | 266,047 | 284,t33 | |
| TOTALASSETS LESSCURRENTLI,ABILITIES | 9,734,404 | 9,820,276 | |
| REPRESENTEDBY: | |||
| Unrestricted funds | 8 | 4,009,324 | 4,t95,323 |
| Expendable Endowmentfund | 8 | 1,202,465 | 956,514 |
| Restricted funds | 4,523,615 | 4,668,439 | |
| 9,734,404 | 9,820,276 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Notes | r | î. | L | f. | ||
| Cash generatedfromoPerations | 12 | (283,026) | (70,865) | |||
| Investing activities | ||||||
| Investments acquired | (283,87I) | (r,268,4e6) | ||||
| Incomefrominvestments | 272,759 | 243,856 | ||||
| Proceedsfrominvestmentdisposals | ||||||
| Netcashprovidedbyi(usedin) investing activities | (294,t38) | (1,024,640) | ||||
| FinancingActivities | ||||||
| Receiptofcashendowment | 280,000 | 1,000,000 | ||||
| Netcashprovidedby/(used in)financing activities | 280,000 | 1,000,000 | ||||
| Net(decrease)/increaseincash andcash | (14,138) | (e5,50s) | ||||
| equivalents | ||||||
| Cash and cashequivalentsatbeginningofyear | 207,045 | 302,550 | ||||
| Cashandcashequivalents atendofyear | 192.907 | 20'7 .045 |
| 2023 | 2022 | |
|---|---|---|
| r, | r | |
| TheVintners'CompanY | 280,000 | 1,268,597 |
| UnderGiftAid | 63,542 | 60,277 |
| NonGiftAid | 40,048 | 46,0r2 |
| Legacies | 38,412 | 25,000 |
| Other | 6.767 | 11,332 |
| Total | 428.769 | 1.218 |
| 2023 | 2022 | ||
|---|---|---|---|
| f | f. | ||
| Dividends Interest Other income |
27 | ,478 293 988 |
242,581 375 900 |
| 272,759 | 243,856 |
| ANALYSISOFEXPENDITUREONCHARITAB | LEACTIVITIES | ||
|---|---|---|---|
| Current year | Charitable expenditure f. |
Govetnance Costs f |
2023 f |
| Donations to Charities Grants-Educationalinstitutions PurchasesfortheChildren'sChristmasAppeal |
370,750 46,9r6 15,596 |
370,750 46,916 15,596 |
|
| Othergrants | |||
| Supporlandgovemancecosts- Auditfees Othercosts |
433,262 | 8,370 7,1'.71 9,54t |
8,370 1,17I 442,803 |
| Cornparativeyear | Charitable expenditure |
Governance Costs |
2022 î. |
| î. | î. | ||
| Donations to Charities Grants-Educationalinstitutions PurchasesfortheChildren'sChristmasAppeal Othergrants |
403,676 80,500 16,314 130 |
403,676 80,500 16,314 130 |
|
| Supportandgovemancecosts- Auditfees Othercosts |
500,620 | 8,217 8.520 16,737 |
8,217 8,520 51't,357 |
| 5 | INVESTMENTS Quotedinvestments: |
2023 f |
2022 r, |
|---|---|---|---|
| AtlApril Fair value |
9,536,143 | 7,655,533 | |
| Additions | 283,871 | 1,268,496 | |
| Disposals | |||
| Unrealised(losses)/gains | (351,65',7)612,114 | ||
| Fair valueat3lMarch | 9,468,357 | 9,536,143 | |
| Being: COIF InvestmentFund |
9,464,919 | 9,534,2'79 | |
| COIF DepositFund | 3,438 1,864 |
||
| 9,468,357 | 9,536,143 | ||
| Total investmentsatcost | 6,149,816 | 5,867,465 |
| DEBTORS | ||
|---|---|---|
| 2023 | 2022 | |
| c | L | |
| Tax refundable | qq11 | t4,592 |
| Accrued incomeandotherdebtors | 72,207 | 7t,502 |
| Total | 82,140 | 86,094 |
| CREDITORS:AMOUNTSFALLINGDUE | WITHINONEYEAR | |
|---|---|---|
| 2023 | 2022 | |
| L | f | |
| Accruals | 9,000 | 9,006 |
| Total | 9,000 | 9,006 |
| Balanceat31 | Balanceat31 | ||||
|---|---|---|---|---|---|
| Current year | BalanceatIApril | Income | Expenditure | Gains/(losses) | March2023 |
| 2022 | |||||
| f | f | î. | î. | î. | |
| Unrestlicted funds Expendable Eudowmetlt |
4,t95,323 9s6,5r4 |
290,252 280,000 |
(330,843) | (146,408) (34,049) |
4,008,324 t,202,465 |
| Restricted funds- Vintners'GiftCharitY |
4,61r,682 | r29,',102 | (104,eoo) | (169,190) | 4,467,294 |
| SaveourSwans | 56,757 | 1,574 | (2,010) | 56,321 | |
| Specific Appeals | 7,060 | (7,060) | |||
| Totalrestrictedfturds | 4,665,439138,336(111,960) | (r71,200) | 4,523,615 | ||
| Total | s,820,276 | 708,s88(442'803) | (3s1,657)9,'/34,404 | ||
| Balanceat3I | |||||
| ComparativeYear | Balance at1April | Income | Expenditure | Gains | March2022 |
| 2021 | |||||
| f | r | f | î. | î. | |
| Unrestricted funds | 3,'724,126 | 525,640 | (341,084) | 286,641 | 4,195,323 |
| Expendable Endowment | 1,000,000 | (43,486) | 956,514 | ||
| Restricted funds- Vintners' GiftCharitY SaveourSwans |
4,2r0,763 50,s93 |
127,s60 t,874 |
(e1,268) (42) |
364,62'7 4,332 |
4,611,682 56,757 |
| Millenniumfirnd | 26,335 | (26,335) | |||
| Specihc Appeals Totalrestrictedñ¡nds |
4,787,691 | 58,628 (s8,628) 188,062(176,273) |
368,9594,668,439 | ||
| Total | 8,011,817 | 1,713,702(517,357) | 6t2,114 | 9,820,276 |
| Currentyear | Unrestricted Funds |
Expendable Endowrnent |
Restricted Funds |
Total |
|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2023 | |
| î. | f. | Ê | ç | |
| Representedby: Investmentassets Currentassets Currentliabilities |
3,789,532 225,392 (6,600) |
r,202,465 | 4,4',76,360 49,655 (2,400) |
9,468,357 2',15,047 (e,000) |
| 4,008,324 | 1,202,465 | 4,523,615 | 9,734,404 | |
| Comparativeyear | UnrestrictedFunds | Expendable Endowment |
Restricted Funds |
Total |
| 2022 | 2022 | 2022 | 2022 | |
| Representedby: Investmentassets Cun'entassets Cunent liabilities |
f, 3,933,644 268,279 (6,600) |
956,514 | f 4,645,985 24,860 (2,406) |
f. 9,536,r43 293,139 (e,006) |
| 4.195323 | gso.stq | 4,668,439 |
9,820,2',16 |
| FINANCIALINSTRUMENTS 4.195323 - |
gso.stq 4,668 |
,439 |
|---|---|---|
| 2023 | 2022 | |
| f. | f | |
| Financialassets: Instrumentsmeasutedatfairvalue throughproflrtorloss |
9,468,357 | 9,536,143 |
| 12 | CASH GENERATED FROMOPERATIONS | 2023 | 2022 |
|---|---|---|---|
| c | L | ||
| Surplusfortheyear | (8s,872) | 1,808,459 | |
| Adjustments for: | |||
| Investment income recognisedinStatementof FinancialActivities Fair value (gains)andlosseson investments |
(272,759) 351,657 |
(243,8s6) (6t2,114) |
|
| Decrease/(lncrease)indebtors (Decrease)/lncreaseincreditors Expendable EndowmentreceiPt |
3,954 (ó) (280,000) |
(23,356) 2 (1,000,000) |
|
| Cash generatedfromoPerations | (283,026) | (70,865) |
| I3 | ANALYSISOFCHANGESINNETDEBT | |||
|---|---|---|---|---|
| lApril 2022 |
Cashflows f |
31March 2023 |
||
| f. | f, | |||
| Cash | 207,045 | (14,138) | 1e2,907 |