| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details of | the charity, its Trustees and advisers | 1-2 | |
| Trustees' report | 3-6 | |||
| Independent examiner's report |
||||
| Statement offinancial activities |
||||
| Balance sheet | ||||
| Statement ofcash flows | 10 | |||
| Notes tothe financial statements | 11-20 | |||
| The following pages do not form | part ofthe | statutory | financial statements: | |
| Charity Detailed income and expenditure | account | and summaries |
| FOR THE Y | EAR ENDED 5 | APRIL 2022 | ||||
|---|---|---|---|---|---|---|
| Expendable | ||||||
| endowment | Unrestricted | Total | Total | |||
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Note | E | E | E | E | ||
| Income from: | ||||||
| Donations | 51 | |||||
| Investments | 119,287 | 119,287 | 104,744 | |||
| Total income | 119,287 | 11$,287 | 104,795 | |||
| Expenditure on: |
||||||
| Raising funds: | ||||||
| Investment management |
11,701 | 11,701 | 10,952 | |||
| Charitable activities: |
||||||
| Governance | 5,118 | 5,118 | 4,322 | |||
| Char8able acbvities | 103,000 | 103,000 | 118,651 | |||
| Total expenditure | 119,819 | 119,819 | 133,925 | |||
| Net gains on investments | 378,494 | 378,494 | 417,091 | |||
| Net income before | transfers | 378,494 | (532) | 377,$62 | 387,961 | |
| Transfers between funds |
12 | (532) | 532 | |||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 2,792,780 | 2,792,780 | 2,404,819 | ||
| Net movement in funds |
377,962 | 377,962 | 387,961 | |||
| Total funds carried | forward | 3,170,742 | 3,170,742 | 2,792,780 |
| BALANCE SHEET | BALANCE SHEET | ||||||
|---|---|---|---|---|---|---|---|
| AS AT 5APRIL 2022 | |||||||
| 2022 | 2021 | ||||||
| Note | 6 | 8 | |||||
| Fixed assets | |||||||
| Investments | 10 | 2,935,127 | 2,595,211 | ||||
| 2,935,127 | 2,595,211 | ||||||
| Current assets | |||||||
| Cash at bank and in hand | 241,369 | 202,699 | |||||
| Creditors: amounts | falling due within | one | |||||
| year | 11 | (6,764) | (5,130) | ||||
| Net current | assets | 235,615 | 197,569 | ||||
| Total net assets | 3,170,742 | 2,792,780 | |||||
| Charity funds | |||||||
| Expendable | endowment funds |
12 | 3,170,742 | 2,792,780 | |||
| Total funds | 3,170,742 | 2,792,780 | |||||
| The charity | was entitled to exemption | from | audit under | section 477ofthe Companies | Act 2006. |
| FORT | HE YEAR ENDED 5APRIL | 2022 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Note | 6 | 5 | |||
| Cash flows from operating | activities | ||||
| Net cash used in operating | activities | 15 | (119,185) | (133,674) | |
| Cash flows from investing | activities | ||||
| Dividends, interests and rents from investments |
119,287 | 104,744 | |||
| Proceeds from sale ofinvestments | 158,672 | 115,220 | |||
| Purchase ofinvestments | (120,394) | (124,549) | |||
| Net cash provided by investing activities |
167,865 | 85,415 | |||
| Change in cash and cash | equivalents in |
the year | 38,670 | (38,459) | |
| Cash and cash equivalents | at the beginning | ofthe year | 202,899 | 241,158 | |
| Cash and cash equivalents | at the end of | the year | 16 | 241,369 | 202,699 |
| The notes on pages 11to 20 form part ofthese financial statements |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| 5 | 5 | 6 | ||
| Donations | 51 | |||
| Total 2021 | 51 | 51 | ||
| Investment | income | |||
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2021 | ||
| 2 | 5 | 5 | ||
| Stock market | investments | 119,287 | 118,287 | 104,744 |
| Total 2021 | 104,744 | 104,744 |
| Cost o | factivities in furtherance ofthe charity's |
objectives | |
|---|---|---|---|
| 2022 | 2021 | ||
| 5 | 5 | ||
| Wildlife | expenses | 103,000 | 118,651 |
| 103,000 | 118,651 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| 5 | 6 | 6 | |||
| Investment | management | costs | 11.701 | 11,701 | 10,952 |
| Total 2021 | 10,952 | 10,952 | |||
| Governance | costs | ||||
| 2022 | 2021 | ||||
| 5 | 6 | ||||
| Accountancy | 4,404 | 3,660 | |||
| Other | 267 | 225 | |||
| Insurance | 457 | 437 | |||
| 5,118 | 4.322 |
| Listed | ||
|---|---|---|
| securities | ||
| 8 | ||
| Cost or valuation | ||
| At 6April | 2021 | 2,895,211 |
| Additions | 120,394 | |
| Disposals | (158,972) | |
| Realised | gains | 25,233 |
| Unrealised | gains | 353,261 |
| At 5April | 2022 | 2,935,127 |
| Net book | value | |
| At 5April | 2022 | 2,936,127 |
| At 5April | 2021 | 2,595,211 |
| Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| UK | Overseas funds |
funds | ||||||
| 2022 | 2022 2022 |
2021 | ||||||
| 8 | 8 5 |
E | ||||||
| Listed investments | 2,381,342 | 553,785 2,935,127 |
2,595,211 | |||||
| Total 2021 | 2.090.079 | 505,132 2,595,211 |
||||||
| The following | investments | represented | more than | 5'/o ofthe market value ofthe porffolio at 5Apdl 2022: | ||||
| Rio Tinto | 3,500 | 10p Ord Shares | 214,200 | |||||
| HighcroR Investments | 19,000 | 25p Ord Shares | 183,350 | |||||
| JPMorgan American | Investment | Trust | 24,000 | 5p Ord Shares | 185,280 |
| The c | ost ofamounts invested and the amounts held |
in bank deposit accounts were as follow | s: |
|---|---|---|---|
| 2022 | 2021 | ||
| 8 | 5 | ||
| Stock | market investments | 1,704,899 | 1,637,162 |
| Cash | at bank | 127,284 | 101,819 |
| 1,832,183 | 1,738,981 |
| 2022 | 2021 |
|---|---|
| E | 5 |
| 6,764 | 5,130 |
| Balance at6 | Transfers | Gains/ | Balance at 5 | ||||
|---|---|---|---|---|---|---|---|
| April 2021 | Income | Expenditure | in/out | (Losses) | April 2022 | ||
| E | 8 | E | E | 8 | 5 | ||
| Unrestricted | |||||||
| funds | |||||||
| General | Funds | 119,287 | (11$,819) | 532 | |||
| Endowment | |||||||
| funds | |||||||
| Original | Fund | 1,824,184 | (532) | 25.233 | 1,848,885 | ||
| Revaluation | |||||||
| Reserve | 968,598 | 353,261 | 1,321,857 | ||||
| 2,792,780 | (532) | 378,494 | 3,170,742 | ||||
| Totai of | funds | 2,792,780 | 119,287 | (119,81$) | 378~94 | 3,170,742 |
| Statement offu | nds - prior year | |||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | Gains/ | Balance at | |||
| 6 April 2020 | Income | Expenditum | in/out | (Losses) | 5Apdl 2021 | |
| E | 5 | E | 5 | E | ||
| General Funds | 104,795 | (133,925) | 29,130 | |||
| Endowment | ||||||
| funds | ||||||
| Original Fund | 1,763,432 | (29,130) | 89,582 | 1,824, 184 | ||
| Revaluation | ||||||
| Reserve | 641,387 | 327,209 | 968,596 | |||
| 2,404,819 | (29,130) | 417,091 | 2,792,780 | |||
| Total offunds | 2,404,819 | 104,795 | (133,925) | 417,091 | 2,792,780 |
| Summary offu | nds - current year | ||||||
|---|---|---|---|---|---|---|---|
| Balance at6 | Transfers | Gains/ | Balance at 5 | ||||
| April 2021 6 |
Income 5 |
Expenditure | f | in/out E |
(Losses) 8 |
April 2022 8 |
|
| General funds | 119,287 | (119,819) | 532 | ||||
| Endowment | |||||||
| funds | 2,792,780 | (532) | 378,494 | 3,170,742 | |||
| 2,792,780 | 119,287 | (119,819) | 378,494 | 3,170,742 |
| Summar | y offunds |
- prior y | ear | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance | at | Transfers | Gains/ | Balance at | |||||
| 6April 2020 E |
Income 5 |
Expenditure | in/out E |
(Losses) f |
5 April 2021 | ||||
| General | funds | 104,795 | (133,925) | 29,130 | |||||
| Endowment | |||||||||
| funds | 2,404,819 | (29,130) | 417,091 | 2,792,780 | |||||
| 2,404,819 | 104,795 | (133,925) | 417,091 | 2,792,780 | |||||
| Analysis | of net assets between | funds | |||||||
| Analysis | of net assets between | funds | -current year | ||||||
| Endowment | Total | ||||||||
| funds | funds | ||||||||
| 2022 | 2022 | ||||||||
| K | 5 | ||||||||
| Fixed asset investments | 2,935,127 | 2,935,127 | |||||||
| Current | assets | 241,369 | 241,369 | ||||||
| Creditors | due within | one year | (5,754) | (5,754) | |||||
| Total | 3,170,742 | 3,170,742 | |||||||
| Analysis | of net assets between | funds | - prior | year | |||||
| Endowment | Total | ||||||||
| funds | funds | ||||||||
| 2021 | 2021 | ||||||||
| 5 | 5 | ||||||||
| Fixed asset investments | 2,595,211 | 2,595,211 | |||||||
| Current | assets | 202,699 | 202,699 | ||||||
| Creditors | due within | one year | (5,130) | (5,130) | |||||
| Total | 2,792,780 | 2,792,780 |
| 15. | Reconcili | ation ofn | et move | ment in funds to net cas |
h flow fro | m operating | activities | |
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| 5 | 5 | |||||||
| Net income for the year (as per Statement ofFinancial | Activities) | 377,962 | 387,951 | |||||
| Adjustments for: |
||||||||
| Gains on | investments | (378,494) | (417,091) | |||||
| Dividends, | interests | and rents from Investments | (119,287) | (104,744) | ||||
| Increase | in creditors | 624 | ||||||
| Net cash | used in operating |
activities | (119,195) | (133,874) | ||||
| 16. | Analysis | ofcash and cash | equivalents | |||||
| 2022 | 2021 | |||||||
| 5 | 6 | |||||||
| Cash at bank and in | hand | 241,369 | 202,699 | |||||
| Total cash and cash equivalents | 241,369 | 202,699 | ||||||
| 17. | Analysis | ofchanges In net |
debt | |||||
| At6April | At 5April | |||||||
| 2021 | Cash flows | 2022 | ||||||
| 5 | 5 | 6 | ||||||
| Cash at bank and in | hand | 202,699 | 38,670 | 241,369 | ||||
| 202,699 | 38,670 | 241,369 |