| 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 2023 |
||||||
| Notes | Restricted | Endowment | Total | Total | ||
| Funds | Funds | Funds | Funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| f | f | |||||
| Income | ||||||
| Voluntary income |
||||||
| Investment income: |
||||||
| Managed funds |
157,981.03 | 157,981.03 | 144,551.83 | |||
| Bank interest | ||||||
| Other income | ||||||
| Total Income | 157,981.03 | ~357 51.03 | 144,551.83 | |||
| Expenditure | ||||||
| Charitable activities: |
||||||
| Grants Awarded | 3 | 42,366.00 | 42/66.00 | 60,477.00 | ||
| Investment Management |
Costs | |||||
| Independent Examiners |
Fees | 2,136.00 | 2,136.00 | 2,136.00 | ||
| Other costs | ||||||
| Governance snd Support |
Costs | 13 | 1 708.57 | 1708.57 | 2023.41 | |
| Total Expenditure | 46,210.57 | 46410.57 | 64,636.41 | |||
| Net Income/(Expenditure) | 111770.46 | 111770.46 | 79915.42 | |||
| Other recognised gains and losses: |
||||||
| Gains/(Losses) on Investment |
||||||
| Assets | (200,046.34) | (200,046.34) | 411,738.14 | |||
| Transfer between funds | ||||||
| Net Movement in Funds: |
111770.46 | 200,04694 | 88275.88 | 491,653.56 | ||
| Fund balance brought forward |
442,402.70 | 5,166,719.33 | 5,609,122.03 | 5,117,468.47 | ||
| Fund balance carried forward | 554 173.16 | 4 966 672.99 | 5520846.15 | 5 609 122.03 |
| Clara Martineau | Chari | |||
|---|---|---|---|---|
| Balance Sheet as | at 31March 2023 | |||
| Notes | 2023 | 2022 | ||
| FIXEDASSETS | ||||
| Investments | 5,136,672.99 | 5,336,719.33 | ||
| TOTAL FIXEDASSETS | 5,136671.99 | 5,336 719.33 | ||
| CURRENT ASSETS | ||||
| Debtors | 367,059.87 | 273,998.55 | ||
| Cash | 63 323.86 | 63,040.56 | ||
| 430,383.73 | 337,039.11 | |||
| Creditors: Amounts falling due within one year |
46,210.57 | 64,636.41 | ||
| 46410.57 | 64,636.41 | |||
| NET CURRENT | ASSETS | 384,173.16 | 272,402.70 | |
| TOTAL ASSETSLESSCURRENT LIABILITIES | 5 510846.15 | 5,609122 03 | ||
| THE FUNDS OFTHE CHARITY: | 8 | |||
| Restricted Income | 554,173.16 | 442,402.70 | ||
| Endowment Fund |
4,966,672.99 | 5,166,719.33 | ||
| TOTAL CHARITY FUNDS | 5,510846.15 | 5 609 122.03 |
| 2023f | 2022 | |||
|---|---|---|---|---|
| V~tl | ||||
| Birmingham | City Council | Support in Kind | ||
| Investment Income —Mana |
ed Funds | |||
| Dividends Irom Investments |
149,540.68 | 144,303.41 | ||
| Interest from | Investments | 8,44095 | 248.42 | |
| Bank interest | ||||
| Other Income | ||||
| Total Income Resources | 157 81.03 | 144551.83 |
| Grants awarded | Grants awarded | have been listed below, those overf5,000have been listed | have been listed below, those overf5,000have been listed |
|---|---|---|---|
| separately; | |||
| Selly Oak | 13,500 | ||
| Queensbury | 8,158 | ||
| Other grants | & | f.5,000 | 20708 |
| Total grants | 42 366 |
| Balance at | Incoming | Outgoing | Gains and | Balance at | ||
|---|---|---|---|---|---|---|
| 01/04/2022 | Resources | Resources | Losses | 3I/03/2023 | ||
| Endowment | fund | 5,166,719.33 | (200,046.34) | 4,966,672.99 | ||
| Restricted fund | 442 402.7tl | 157981.03 | (446210.57 | 554 173.16 | ||
| Total funds | 5 609 122.03 | 157981.03 | ~46 10.57 |
~20tl tl46.34 | 5 520846.15 |
| 5 | Fixed Asset Investments | |||
|---|---|---|---|---|
| Analysis ofmovement ofinvestments |
||||
| 2023 | 2022 | |||
| Market value 1stApril | 5,336,719.33 | 4,754,981.19 | ||
| Additions at cost |
170,000.00 | |||
| Disposals | ||||
| Net gain/(loss) on revaluation |
200046.34 | 411738.14 | ||
| Market value 31March | 5136672.99 | 5,336,719.33 | ||
| At the balance sheet date the investments | comprised: | |||
| Invesunents listed on arecognised stock |
exchange | 5,136,672.99 | 5,336,719.33 | |
| Cash and settlements pending |
0.00 | 0.00 | ||
| Total investment portfolio |
5 136 672.99 | 5 336719.33 |
| 6 | Debtors | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Cash held on deposit by the investment | fund managers | 365,039.07 | 273,868.26 | ||
| Interest and investment | income | 2 020.80 | 130.29 | ||
| 367059.07 | 273 998.55 | ||||
| The above are all short term debtors. | |||||
| 7 | Creditors: Amounts | falling due within | one year | ||
| 2023 | 2022 | ||||
| Birnungham City Council loan |
46410.57 | 64,636.41 | |||
| Accrued expenses | |||||
| 46210.57 | 64,636.41 |
| Allocation | ofnet assets to funds | |||
|---|---|---|---|---|
| Fixed | Net Current | Net | ||
| assets | Assets | assets | ||
| Endowment | funds | 5,136,672.99 | (170,000.00) | 4,966,672.99 |
| Restricted | funds | 554 173.16 | 554 173.16 | |
| 5 136 672.99 | 354 173.16 | 5525546.15 |
| Governance | costs are made up ofthe following: | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Governance | Costs | ||
| Meeting costs | 1,235.84 | 1,583.59 | |
| Room Hire | and other costs | ||
| 5~5665 | 1,235.84 | 1,583.59 | |
| Supervision | 472.73 | 439.82 | |
| Total | I708.57 | 2 023.41 |