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2023-02-28-accounts

Reference and Administrative
Details
Reference and Administrative
Details
Trustees' Report 2 to4
Statement of Trustees' Responsibilities
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements 9to 17

The Fort Foundation The Fort Foundation The Fort Foundation
Reference and Administrative Details
Charity Registration Number 1028639
Principal Office Fort Vale Engineering Limited
Calder Vale Park
Simonstone Lane
Burnley
Lancashire
BB127ND
Independent Examiner Hargreaves, Brown and Benson
Chartered
Accountants
1,Bond Street
Colne
Lancashire
BB89DG
Solicitors Withers LLP
16,Old Bailey
London
EC4M 7EG

Unrestricted Total Total
funds 2023 2022
Note g
Income and Endowments from:
Corporate donations 300,000
Other donations 548 548 416
Investment
income
36,858 36,858 38,440
Total Income 37,406 37,406 338,856
Expenditure
on:
Charitable
activities
(420,250) (420,250) (191,164)
Governance
costs
(4,984) (4,984) (11,558)
Total Expenditure (425,234) (425,234) (202,722)
Net (expenditure)/income (387,828) (387,828) 136,134
Other recognised
gains and losses
Unrealised
gain / (loss) on current asset investments
10 (6,280) (6,280) 609
Net movement
in funds
(394,108) (394,108) 136,743
Reconciliation
offunds
Total funds brought
forward
1,837,804 1,837,804 1,701,061
Total funds carried forward 1,443,696 1,443,696 1,837,804

Balance Sheet as at 2 8February
20
23
2023 2022
Note K
Current
assets
Investments 1,103,817 1,110,097
Cash at bank and in hand 341,379 729,207
Creditors: Amounts falling due within one year 9 1,445,196
~1.(00)
1,839,304
(1,500)
Net assets 1,443,696 1,837,804
Funds ofthe charity:
Unrestricted income funds
Unrestricted funds 1,443,696 1,837,804
Totalfunds 1,443,696 1,837,804

Unrestricted
funds Total
Other funds
Income from dividends;
Dividends
receivable from other listed investments
36,438 36,438
Interest receivable and similar income;
Interest receivable on bank deposits 420 420
Total for 2023 36,858 36,858
Total for 2022 38,440 38,440

Analysis o fgra nts
Grants to institutions Grants to individuals
2023 2022 2023 2022
Analysis
Amateur sport 8,850 13,400 9,000 8,700
Education 6,200 35,200
Citizenship and community welfare 125,222 47,200
Health 50,268 48,950
Environmental protection and
improvement 7,000 17,100
Art and culture 1,740 2,000
199,280 163,850 9,000 8,700

2023 2022
Name ofinstitution
Amateur
sport - Burwain Sailing
Club 6,000 6,000
Education - The Outward
Bound
Trust 25,000 20,000
Education - Lancaster University E-Racing Project 6,000 6,000
Education
-Warwick
University Boring Team 5,000
Community
welfare
- Cauldwell Children 21,552
Community
welfare
- DEC Big Give Ukranian Appeal 20,000
Community
welfare
- The Prince's Trust 10,000
Community
welfare
- Heartstone Lancashire 10,000
Community
welfare
- Jubilee Sailing Trust 5,000 5,000
Community
welfare
- Chatbum
Parish Council
5,000
Community
welfare
- MSSC Sea Cadets Outreach 5,000
Health - Pendleside Hospice 10,000 10,000
Health - East Lanes Hospice 10,000
Health - Teenage Cancer Trust 7,500
Health - Alzhiemers Research UK 5,000 5,000
Health - Bowel Cancer UK 5,000 5,000
Health - BRACE Alzhiemers
Reasearch
5,000
Health - British Heart Foundation 5,000 5,000
Environmental
matters - Matholme
Greenway
5,000
Other 70,728 59,350
199,280 163,850

Unrestricted
funds Total
Other funds
Independent
examiner
fees
Examination of the financial statements 1,500 1,500
Other governance costs 3,484 3,484
Total for 2023 4,984 4,984
Total for 2022 11,558 11,558

6
Taxation
The charity is a registered charity and is therefore exempt from taxation.
7
Current asset investments
2023 2022
K
Listed investments 1,103,817 1,110,097
8
Cash and cash equivalents
2023 2022
Cash at bank 341,379 729,207
9
Creditors: amounts
falling due within one year
2023 2022
Accruals 1,500 1,500
10 Financial instruments
Categorisation
offinancial instruments
2023 2022
Financial assets measured at fair value through profit or loss 1,103,817 1,110,097
Financial assets measured at fair value
Current assetinvestments
Current asset investments are held in UK-based investment trusts and are carried at their fair value.