2022-06-30-accounts

Contents						Page
Reference and administrative		details
Trustees' rcport (incorporating			the Directors'	report)		2-13
Independent auditor's	report					14-16
Statement offinancial	activities		(in«orporating	thc income and expenditure	account)	17
Balance sheet						18
Cash flow statement						19
Notes to the financial	statements					2()-27

Year ended 30Ju	ne 2	022
				Notes	2022	2021
					Unrestricted	Unrestricted
					8	8
Income from:
Donations				1c	632,610	210,113
Grants						3,324
Investments					235,662	210,090
Total income					868.272	423,527
Expenditure on:				Ie
Raising funds:
Fundraising costs					567.675	388,031
Charitable activities:
Assistance to the disabled	for
participalion in sport					197.264	192.564
Total expenditure				2	764,939	580,595
Net income before investment		gains			103,333	(157,068)
Net gains/losses on investments				6	(1,876,897)	1,537,400
Net income for the year and movement			in funds	3	(1,773,564)	1,380,332
Reconciliation offunds
Balance brought forward	at I July 2021				14,723,897	13,343,564
Balance carried forward	at
30June 2022					12,950,333	14,723,896

At 30Jun	e 20	22
				2022	2021
			Notes
Fixed assets
Tangible Fixed Assets				717,013	733,597
Investments				11,792,200	13,757,190
				12,509,213	14,490,787
Current Assets
Debtors				137,511	141,650
Cash at Bank	and in	Hand		462,885	260,826
				600,396	402,476
Current liabilities
Creditors: amounts		falling due with 1year		(159,276)	(169,367)
Net current	assets			441,120	233,109
Total assets	less current liabilities			12,950,333	14,723,896
Net assets				12,950,333	14,723,896
Represented	by:
Funds:
Unrestricted	funds			12,950,333	14,723,896
Total funds				12,950,333	14,723,896

Year ended 30June	2	0	22
							2022	2021
					Notes
Net cash inflow from operating			activities		(a)		(120,709)	(454,738)
Cash tlows from investing	activities, '
Interest and income received							235,662	210,090
Net movement in investment	portfolio						(206,491)	(148,059)
Decrease in cash and cash	equivalents			in the year			(91,538)	(392,707)
Cash and equivalents brought		forward			(b)		739,380	1,132,087
Cash and equivalents carried		forward			(b)		647,842	739,380
(a) Reconciliation ofnet income to				net cash inflow from operating		activities
							2022	2021
Net income for the year							(1,773,564)	1,380,330
Interest and income received							(235,662)	(210,090)
Gains and losses							1,876,897	(1,537,400)
Depreciation							17,572	17,572
Decrease in creditors							(10,091)	(2,714)
Decrease in debtors							4,139	(102,438)
Net cash inflow fiom operating		activities					(120,709)	(454,740)
(b) Analysis ofcash and	cash		equivalents
							At 311June	At 30June
							2022	2021
Cash at bank and in hand							462,885	260,826
Cash held in investment portfolio							184,957	478,554
Total cash and cash equivalents							647,842	739.380

			Direct	Support	Total	Total
		Staff costs	costs	costs	2022	2021f
Cost ofRaising funds		180,692	315,416	71,567	567,675	388,031
Charitable	activities	45,173	135,143	16,948	197,264	192,564
		225,865	450,559	8$,515	764,939	580,595

governance costs off13500(2021 aref60,032(2021:f57,855)	:f13000). Investment	management	costs included	in costofra	ising funds
		Direct	Support	Tutal	Total
	Staff costs	costs	costs	2021	2020f
Cost ofRaising funds	191,702	126,238	70,091	388,031	622,356
Charitable activities	47,926	127,334	17,304	192,564	194,376
	239,628253,572		87,395	580,595	816,732
ISctincome for the year
This is stated after charging;				2022	2021f
Auditor's remuneration				13,500	13,000
Depreciation				16,584	17,572

				2022	2021
				8
Wages	and salaries (including	temporary	and agency staff)	162,598	177,524
Social Security Costs				17,734	16,845
Pension	Costs			41,133	41,059
				221,465	235,428
				Number	Number
Average	number ofstaff			4	4

Tangible fixed	assets
		Long
		Leasehold
		Land and	Office	Motor
		buildings	equipment	vehicles	Total
Cost
At 1 July 2021		818,754	6,980	30,876	856,610
Additions
At 30June 2022		818,754	6,980	30,876	856,610
Accumulated	depreciation
At 1 July 2021		93,467	2,901	26,646	123,013
Charge for the	year	14,506	1,020	1,058	16,584
At 30 June 2022		107,973	3,921	27,703	139,597
Net book value
At 30June 2022		710,781	3,059	3,173	717,013
At 30 June 2021		725,287	4,079	4,230	733,597

Ye	ar ended 30June 202	ar ended 30June 202	2
6.	Fixed asset investmcnts
				2022	2021
	Market Value	brought fotward		13,278,636	11,593,176
	Net additions	to portfolio		205,504	148.060
	Unrealised (tosses)/gains			(1,876,897)	1,537,400
	Market value	at end ofyear		11607 243	13278 636
	Cash held in	the investment	portfolio	184,957	478,554
				11,792,200	13,757,190

All investments investments.	were held	directly by the Charity and there are no restrictions	on the realis	ation of the
			2022f	2021f
Investments listed on a recognised stock exchange:
UK Fixed Interest			2,529,331	2,914,776
Overseas Fixed Interest			1.057.328	1,157,053
UK Equities			2,664.637	3,608,181
Non-UK Equities			2,559,385	2,867,438
Commodities			565,540	475,651
Property Unit Trust			495,440	470,622
Hedge Funds			1,735,582	1,784,915
Total investments			11,607.243	13,278,636
The investments	above were	held as follows:
			2022f	2021
UK			6,756,142	9,254,146
Non-UK			4,851,101	4,024,490
			11,607,243	13,278,636
Investments which individually comprise more than 5%ofthe ponfolio consist of:
			2022	2021
All ianz Global Investors UK Gilt			I,157,220	1,329,401
			1.157.220	1,329,401
Debtors
			2022	2021
Amounts falling	due within	one year:
Other debtors			1.535	15.078
Prepayments			135.977	126,572
			137.511	141.650

Creditors: amounts falling due within one year
	2022	2021
Accruals	144.365	142,375
Otlter creditors	14,912	26,992
	159,276	169,367

					As at
		Approved	Paid/adjust		30June
Grants payable following:	consist ofthe	in the year	in	the year	2022f
GBDisabled Snow Sports Team		48,935		334	(48,591)
GBBoccieTeam		10.000			(10,000)
GBWheelchair	Rugby Team	30,000			(30.000)
GBWheelchair	Racing Team	21,805		3,932	(17,873)
GBWheelchair	Tennis Team	50			(50)
GBPara-Shooting Team		10,000			(10,000)
		120,790		4,276	(116,514)

payments were	de	layed. Since the year end, 6120,	790ofthe above totals has been	paid.
						As at
Grants payable	consist ofthe		Approved	Paid/adjust		30June
following:			in the year	in	the year	2021
					8
GBDisabled Ski		Team	39,877		(123)	(40,000)
GBBoccieTeam			10,000			(10,000)
GBWheelchair	Rugby Team		30,000			(30,000)
GBWheelchair	Racing Team		18,812		973	(17,839)
GBWheelchair	Tennis Team		5,933			(5,933)
GBPara-Shooting		Team	10,000			(10,000)
			114,622		850	(113,772)