2023-06-30-accounts

Contents						Page
Reference and administrative		details
Trustees' report (incorporating			the Directors'	report)		2-17
Independent auditor's	report					13-20
Statement offinancial	acuvities		(incorporating	the income and expenditure	account)	21
Balance sheet						22
Cash flow statement						23
Notes to the financial	statements					24-31

Year ended	30Ju	ne 2	023
					Notes	2023	2022
						Unrestricted	Unrestricted
Income from:
Donations					1c	1,535,783	632,610
Iltvestlttcnts						268,480	235,662
Total income						1,804,263	868,272
Expenditure on:					le
Raising ftutds:
Fundraising costs						773,270	567,G75
Charitable activities:
Asststance to the	disabled	for
parttcipation in sport						212,591	197,2G4
Total expenditure					2	985,861	764,939
Net income before investment			gains			818,402	103,333
Net gains/losses on investments					6	(498,425)	(1,876,897)
Net income for the year and movement				in funds	3	319,977	(1,773,564)
Reconciliation offunds
Balance brought	forward	at I July 2022				12,950,333	14,723,897
Balance carried	forward	at
30June 2023						13,270,310	12,950,333

At 30Jun	e 20	23
				2023	2022
			Notes	g
Fixed assets
Tangible Fixed Assets				701,240	717,013
Investments				11,498,177	11,792,200
				12,199,417	12,509,213
Current Assets
Debtors				72,739	137,511
Cash at Bank	and in	Hand		1,170,750	462,885
				1,243,489	600,396
Current liabilities
Creditors: amounts		falling due with I year		(172,596)	(159,276)
Net current	assets			1,070,893	441,120
Total assets	less current liabilities			13,270,310	12,950,333
Net assets				13,270,310	12,950,333
Represented	by:
Funds:
Unrestricted	funds			13,270,310	12,950,333
Total funds				13,270,310	12,950,333

Year ended 30June	2	0	23
							2023	2022
					Notes
Net cash intlow from operating			activities		(a)		643,788	(120,709)
Cash flows from investing	activities:
Interest and income received							268,480	235,662
Net movement in investment	portfolio						(128,507)	(206,491)
Decrease in cash and cash	equivalents			in the year			783,761	(91,538)
Cash and equivalents brought		forward			(b)		647,842	739,380
Cash and equivalents carried		forward			(b)		1,431,603	647,842
(a) Reconciliation ofnet	income to			net cash inflow from operating		activities
							2023	2022
Net income for tbe year							319,977	(1,773,564)
Interest and income received							(268,480)	(235,662)
Gains and losses							498,425	1,876,897
Depreciation							15,774	17,572
Decrease in creditors							13,320	(10,091)
Decrease in debtors							64,772	4,139
Net cash inflow from operating		activities					643,788	(120,709)
(b) Analysis ofcash and	cash		equivalents
							At 30June	At 30June
							2023	2022
								g
Cash at bank and in hand							1,170,750	462,885
Cash held in investnrcnt portfolio							260,853	184,957
Total cash and cnsh equivalents							1,431,603	647,842

			Direct	Support	Total	Total
		Staff costsf	costsf	costs	2023	2022
Cost ofRaising funds		I96,044	501,910	75,316	773,270	567,675
Charitable	activities	49,011	146,710	16,870	212,591	197,264
		245,055	648,620	92,18G	985,861	764,939

goveniance costs off14000(2022 are f52,523 (2022:f60,032)	:f13500). Investment	management	costs included	in cost ofrai	sing funds
		Direct	Support	Total	Total
	Staff costs	costs	costs	2022	2021
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
	225,8G5	450,559	88,515	764,939	580,595
Net income for the year
				2023	2022
This is stated after charging:
Auditor's remuneration				14,000	13,500
Depreciation				15,773	16,584

				2023f	2022
Wages and salaries (including		temporaty	and agency staff)	179,400	162,598
Social Secunty Costs				17,978	17,734
Pension	Costs			44,494	41,133
				241,872	221,465
				Number	Number
Average	number ofstaff			4	4

Tangible lixed	assets
		Long
		Leasehold
		Land and	Office	Motor
		buildings	equipment	vehicles	Total
Cost
At I July 2022		818,754	6,980	30,876	856,610
Additions
At 30June 2023		818,754	6,980	30,876	856,610
Accumulated	depreciation
At I July 2022		107,973	3,921	27,703	139,597
Charge for the	year	14,216	765	792	15,773
At 30.Iune 2023		122,189	4,686	28,495	155,370
Nct book value
At 30 June 2023		696,565	2,294	2,381	701,240
At 30 June 2022		710,781	3,059	3,173	717,013

			2023	2022
Market Value	brought forward		11,607,243	13,278,636
Net additions	to portfolio		128,506	205,504
Unrealised (losses)			(498,425)	(1,876,897)
Market value	at end ofyear		11,237,324	11,607,243
Cash held in	the investment	portfolto	260,853	184,957
			11,498,177	11,792,200

All investmen investments.	ts	were he	ld	directly by the Charity and there are no restrictions	on the realis	ation of the
					2023	2022
						g
Invesnnents	listed on a recognised stock exchange:
UK Fixed Interest					2,662,114	2,529,331
Overseas Fixed Interest					1,277,926	1,057,328
UK Equities					2,607,341	2,664,637
Non-UK Equities					2,572,952	2,559,385
Commodities					218,792	565,540
Property Unit Trust					419,887	495,440
Hedge Funds					1,478,322	1,735,582
Total investments					11,237,324	11,607,243
The investments		above were		held as follows:
					2023	2022
						2
UK					7,386,456	6.756.142
Non-UK					3,850.8(ig	4,851.11) I
					11,237,324	11,607,243
Investments	which individually comprise more than 580ofthe portfolio consist of:
					2023	2022
						8
Allianz Global Investors			UK Gilt		945,554	1,157,220
					945,554	1,157,220
Debtors
					2023	2022
Amounts 1'alhng		due wrtbur		one year	2
Otlter debtors					5,634	1,535
Prepayments					67,105	135,977
					72,739	137,511

Creditors: amo	unts	falling due within one year
				2023 8	2022f
Accruals				157,281	144,365
Other creditors				15,315	14,912
				172,596	159,276
					As at
			Approved	Paid/adjust	30June
Grants payable	consist ofthe		in the year	in the year	2023
following:
GBDisabled Snow		Sports Team	44,460		(44,460)
GBBoccia Team			15,000		(15,000)
GBWheelchair	Rugby Team		35,000		(35,000)
GBWheelchair	Racing Team		30,540		(30,540)
GB Wheelchair	Tennis Team
GBPara-Shooting		Team	10,000		(10,000)
			135,000		135,000

sports organizati paid	on for the individual are written o	ff. Since tbe year end, 0135,000	ofthe above tota	ls has been
				As at
Grants payable	consist ofthe	Approved	Paid/adjust	30June
following:		in theyear	in the year	2022
GB Disabled Skt Team		48,935	(334)	(48,601)
GBBoccieTeam		10,000		(10,000)
GBWheelchair	Rugby Teani	30,000		(30,000)
GBWheelchair	Racing Team	21,805	(3932)	(17,873)
GB Wheelchair	Temiis Team	50		(50)
GB Para-Shooting Team		10.000		(10,000)
		120,790	(4,266)	(116,524)