| Page | ||||
|---|---|---|---|---|
| Reference and Administrative Details |
||||
| Report ofthe Trustees | 2 | to | 3 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial | Statements | 7 | to | II |
| Detailed Statement ofFinancial Activities | 12 |
| Statement ofFinancia for the Year Ended 5 |
l A |
Activities ril 2023 |
|||
|---|---|---|---|---|---|
| 5.4.23 | 5.4.22 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Investment income |
63,655 | 51,346 | |||
| EXPENDITURE ON | |||||
| Raising funds | 27,714 | 26,897 | |||
| Charitable activities |
|||||
| Charitable activities |
186,756 | 176,524 | |||
| Total | 214,470 | 203,421 | |||
| Net gains/(losses) on |
investments | (250,171) | 251,245 | ||
| NET INCOME/(EXPENDITURE) | (400,986) | 99,170 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 2,938,389 | 2,839,219 | ||
| TOTAL FUNDS CARRIED FORWARD | 2,537,403 | 2,938,389 |
| Balance Sheet | |||
|---|---|---|---|
| ~3A ril 2023 | |||
| 5.4.23 | 5.4.22 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets Investments |
573,497 1,962,239 |
573,585 2,348,866 |
|
| 2,535,736 | 2,922,451 | ||
| CURRENT ASSETS | |||
| Cash at bank | 31,629 | 43,166 | |
| CREDITORS | |||
| Amounts falling due within one year |
(29,962) | (27,228) | |
| NET CURRENT ASSETS | 1,667 | 15,938 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 2,537,403 | 2,938,389 | |
| NET ASSETS | 2,537,403 | 2,938,389 | |
| FUNDS | |||
| Unrestricted funds |
2,537,403 | 2,938,389 | |
| TOTAL FUNDS | 2,537,403 | 2,938,389 |
| 2. | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | ||
|---|---|---|---|---|---|---|
| 5.4.23 | 5.4.22 | |||||
| Dividends | 30,225 | 30,764 | ||||
| Interest | 33,430 | 20,582 | ||||
| 63,655 | 51,346 | |||||
| 3. | RAISING | FUNDS | ||||
| Investment | management | costs | 5.4.23 | 5.4.22 | ||
| Custody&. | professional | fees | 27,714 | 26,897 |
| COMPARATIVES | F | ORTHE STATEMENT OF FINANCIAL ACT | IVITIES |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| INCOME AND ENDOWMENTS FROM | |||
| Investment income |
51,346 | ||
| EXPENDITURE ON | |||
| Raising funds | 26,897 | ||
| Charitable activities |
|||
| Charitable activities |
176,524 | ||
| Total | 203,421 | ||
| Net gains on investments | 251,245 | ||
| NET INCOME | 99,170 | ||
| RECONCILIATION | OF FUNDS | ||
| Total funds brought | forward | 2,839,219 | |
| TOTAL FUNDS CARRIED FORWARD | 2,938,389 |
| Notes to the Financial Statements |
Notes to the Financial Statements |
-continued | |||
|---|---|---|---|---|---|
| for the Year Ended 5 A ril 2023 | |||||
| 6. | TANGIBLE FIXEDASSETS | ||||
| Fixtures | |||||
| Freehold | and | ||||
| property | fittings | Totals | |||
| COST | |||||
| At 6 April 2022 and 5 April 2023 | 573,233 | 31,758 | 604,991 | ||
| DEPRECIATION | |||||
| At 6 April 2022 Charge for year |
31,406 88 |
31,406 88 |
|||
| At 5 April 2023 | 31,494 | 31,494 | |||
| NET BOOK VALUE | |||||
| At 5 April 2023 | 573,233 | 264 | 573,497 | ||
| At 5 April 2022 | 573,233 | 352 | 573,585 | ||
| 7. | FIXEDASSETINVESTMENTS | ||||
| Listed | |||||
| investments | |||||
| MARKET VALUE | |||||
| At 6 April 2022 Additions |
2,348,866 63,544 |
||||
| Revaluations | (450,171) | ||||
| At 5 April 2023 | 1,962,239 | ||||
| NET BOOKVALUE | |||||
| At 5 April 2023 | 1,962,239 | ||||
| At 5 April 2022 | 2,348,866 |
| Cost or va | lua | tion at 5 April 2023 is represented by: |
|
|---|---|---|---|
| Listed | |||
| mvestments | |||
| Valuation | in | 2021 | 618,571 |
| Valuation | in | 2022 | 97,583 |
| Valuation | in | 2023 | (386,627) |
| Cost | 1,632,712 | ||
| 1,962,239 |
| 8. | CREDITORS | : AMOUNTS F | AL | LING DUE | WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|---|---|---|
| 5.4.23 | 5.4.22 | |||||||
| Trade creditors | 29,962 | 27,228 | ||||||
| 9. | MOVEMENT IN FUNDS | |||||||
| Net | ||||||||
| movement | At | |||||||
| At 6.4.22 | in funds | 5.4.23 | ||||||
| Unrestricted | funds | |||||||
| General fund |
2,938,389 | (400,986) | 2,537,403 | |||||
| TOTAL FUNDS | 2,938,389 | (400,986) | 2,537,403 | |||||
| Net movement | in funds, included | in the above | are as follows: | |||||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses. | in funds | |||||
| Unrestricted | funds | |||||||
| General fund | 63,655 | (214,470) | (250,171) | (400,986) | ||||
| TOTAL FUNDS | 63,655 | (214,470) | (250,171) | (400,986) | ||||
| Comparatives | for movement | in | funds |
| Comparatives | for movement in funds |
|||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 6.4.21 | in funds | 5.4.22 | ||
| Unrestricted | funds | |||
| General fund | 2,839,219 | 99,170 | 2,938,389 | |
| TOTAL FUNDS | 2,839,219 | 99,170 | 2,938,389 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 51,346 | (203,421) | 251,245 | 99,170 | |
| TOTAL FUNDS | 51,346 | (203,421) | 251,245 | 99,170 |
| A current yea | r 12months and prior year 12 |
months combined position is as follows: |
||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 6.4.21 | in funds | 5.4.23 | ||
| Unrestricted | funds | |||
| General fund | 2,839,219 | (301,816) | 2,537,403 | |
| TOTAL FUNDS | 2,839,219 | (301,816) | 2,537,403 |
| A current yea as follows: |
r 12 months and prior |
year 12 months combined n |
et movement in f |
unds, included |
in the above a |
|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 115,001 | (417,891) | 1,074 | (301,816) | |
| TOTAL FUNDS | 115,001 | (417,891) | 1,074 | (301,816) |
| Detailed Statement ofFinancial Activities | Detailed Statement ofFinancial Activities | ||
|---|---|---|---|
| for the Year Ended 5 A ril | 2023 | ||
| 5.4.23 | 5.4.22 | ||
| INCOME AND ENDOWMENTS | |||
| Investment income |
|||
| Dividends | 30,225 | 30,764 | |
| Interest | 33,430 | 20,582 | |
| 63,655 | 51,346 | ||
| Total incoming resources |
63,655 | 51,346 | |
| EXPENDITURE | |||
| Investment management costs Custody &professional fees |
27,714 | 26,897 | |
| Charitable activities |
|||
| Grants to institutions | 158,971 | 149,415 | |
| Support costs | |||
| Governance costs |
|||
| Property expenses General office expenses |
13,967 1,542 |
13,058 1,743 |
|
| Sundries | 178 | 184 | |
| Accountancy Depreciation |
11,994 88 |
11,994 118 |
|
| Bank interest | 16 | 12 | |
| 27,785 | 27,109 | ||
| Total resources expended | 214,470 | 203,421 | |
| Net expenditure before gains and losses |
(150,815) | (152,075) | |
| Realised recognised gains Realised gains/(losses) on |
and losses fixed asset investments |
(250,171) | 251,245 |
| Net (expenditure)/income | (400,986) | 99,170 |