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2022-03-31-accounts

Charity Reference and Administrative Information
Report ofthe Trustees
Independent
Examination
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements

Statement ofFinancial Activities Statement ofFinancial Activities
For the
ear ended 31March 2022
Notes Restricted Endowment Total Total
Funds Funds Funds Funds
2022 2022 2022 2021
f,
Income
Voluntary
income
Investment
income:
Managed
funds
144,551.83 144,55133 139,665.89
Bank interest
Other income
Total Income 144,551.83 144551.83 139665.89
Expenditure
Charitable
activities:
Grants Awarded 60,477.00 60,477.00 9,857.00
Investment
Management
Costs
Independent
Examiners
Fees 2,136.00 2,136.00 2,136.00
Other costs
Governance
and Support
Costs 13 2023.41 2 023.41 2,319.73
Total Expenditure 64,636.41 64,636.41 14,312.73
Net Income/(Expenditure) 79915.42 79915.42 125353.16
Other recognised
gains and losses:
Gains/(Losses)
on Investment
Assets 411,738.14 411,738.14 806,631.27
Transfer between funds
Net Movement
in Funds:
79915.42 411738.14 411738.14 931984.43
Fund balance brought
forward
4 362,487.28 4,754,981.19 5,117,468.47 4,185,484.04
Fund balance carried forward 442 402.70 5 166,719.33 5609,122.03 5,117,468.47
Clara Martineau Chari
Balance Sheet as at 31March 2022
Notes 2022 2021
f
FIXEDASSETS
Investments 5,336,719.33 4,754,981.19
TOTAL FIXEDASSETS 5336719.33 4 754 981.19
CURRENT ASSETS
Debtors 273,998.55 299,477.57
Cash 63 040.56 77,322.67
337,039.11 376,800.24
LIABILITIES
Creditors: Amounts
falling due within one year
64,636.41 14,312.96
64,636.41 14,312.96
NET CURRENT ASSETS 272,402.70 362,487.28
TOTAL ASSETSLESSCURRENT LIABILITIES 5 6119122.03 5.117468.47
THE FUNDS OF THE CHARITY: 8
Restricted Income 442,402.70 362,487.28
Endowment
Fund
5,166,719.33 4,754,981.19
TOTAL CHAMTY FUNDS 5 609 122.03 5,117468.47

2022 2021
VVIV I
Birmingham City Council Support in Kind
Investment
Income —Mana
ed Funds
Dividends
fiom Investments
144,303.41 139,155.92
Interest fiom Investments 248.42 509.97
Bank interest
Other Income
Total Income Resources ~144551.83 139665.89

Balance at Incoming Outgoing Gains and Balance at
01/04/2021 Resources Resources Losses 31/03/2022
Endowment fund 4,754,981.19 411,738.14 5,166,719.33
Restricted fund 362487.28 144 551.83 ~64636.41 442 4112.70
Total funds 5117468.47 144551.83 ~64636.41 411738.14 5 609122 03

5 Fixed Asset Investments
Analysis ofmovement
ofinvestments
2022 2021
f
Market value
1st April
477546181.19 3,948,349.92
Additions
at cost
170,000.00
Disposals
Net gain/(loss)
on revaluation
Market value 31March
41173~.14
~536719.33
896631.17
4754981.19
At the balance sheet date the investments comprised:
Investments
listed on arecognised stock
exchange 5,336,719.33 4,754,981.19
Cash and settlements
pending
0.00 0.00
Total investment
portfolio
5 3671933 4.754981.19
The investment
portfolio
was managed
on behalf of the charity by CCLA. This company
is authorised
and regulated
by the
Financial Conduct Authority.
Investments
are held primarily for an investment return.
6 Debtors
2022 2021
Cash held on deposit by the investment fund managers 273,868.26 299,462.79
Interest and investment
income
130.29 14.78
873998.55 299,477.57
The above are all short term debtors.
7 Creditors: Amounts
falling due within
one year
2022 2021
Birmingham
City Council loan
64,636.41 14,312.96
Accrued expenses
64 636.41 14,312.96

Allocation ofnet assets to funds
Fixed Net Current Net
assets Assets assets
Endowment funds 5,336,719.33 (170,000.00) 5,166,719.33
Restricted funds 442 402.70 442 4112.70
~53671933 272 40270 5 60912203

Governance
Costs
Governance
costs are made up ofthe following:
2022 2021
G~G
Meeting costs 1,583.59 1,894.25
Room Hire and other costs
1,583.59 1,894.25
~0000 0
Supervision 439.82 425.48
Total ~2023.41 2319.73