2023-09-30-accounts - The Burnham Health Promotion Trust

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FO	R	T	HE	YEA	R ENDED 30	SEPTEMBE	R2023
					Unrestricted	Restricted	Total	Total
					Funds	Funds
					2023	2023	2023	2022
				Notes			f.
INCOME
Incoming resources from	generated
funds
Donations and giAs				3	10,476	43,405	53,881	46,069
Investment income				4	60,091		60,091	62,256
Miscellaneous Income				5		18,000	18,000
Contributions to health promotion				6	1,736		1,736	250
Total Income					72,303	61,405	133,708	108,575
EXPENDITURE
Costs ofraising funds
Stockbroker's Administration			Fees		16,889		16,889	18,837
Expenditure on charitable		activities
Grants, expenditure on health
promotion and related costs				7	112,836	43,405	156,241	131,944
Total Expenditure					129,725	43,405	173,130	150,781
Net expenditure/(income)	and		net
movements in funds before
losses on investments					(57,422)	18,000	(39,422)	(42,206)
Net losses on investments				10	(61,948)		(61,948)	(330,087)
Net Movement in Funds	for		the	Year	(119,370)	18,000	(101,370)	(372,293)
Reconciliation ofFunds
Total funds brought forward					1,852,321	82,000	1,934,321	2,306,614
Transfer in/(out)				15	100,000	(100,000)
Total funds carried forvvard				12	1,832,951		1,832,951	1,934,321

3.	DONATIONS AND GIFTS	DONATIONS AND GIFTS	DONATIONS AND GIFTS
	The following donations were received during the year:
				2023	2022
	Unrestricted;-
	The Louis and Valerie Freedman	Charitable	Settlement	10,000	20,000
	Bucks County Council Lottery Ticket Sales			26	36
	Give As You Live				50
	Burnham Parish Council			450
	Total Unrestricted Donations			10,476	20,086
	Restricted:-
	The Louis and Valerie Freedman	Charitable	Settlement	43,405	25,983
	Total Donations			53,881	46,069
4.	INVESTMENT INCOME
				2023	2022
	Income from listed investments			59,986	62,240
	Bank and other interest receivable			105	16
				60,091	62,256
5.	MISCELLANEOUS INCOME
				2023	2022
				f.
	Surplus on repayment ofloan to Burnham		Medical Centre	18,000

2023	2022
1,736	250

ANALYSIS OF EXPENDITURE ON CHARITAB	ANALYSIS OF EXPENDITURE ON CHARITAB	LE ACTIVI	TIES
Unrestricted		Restricted	Total	Total
	Funds	Funds	Funds	Funds
	2023	2023	2023	2022
				f,
Grants and Sponsorship
Burrows Family Butcher - Care &Share	1,500		1,500
Dorney School Project		10,501	10,501
StPeters CofEPrimary School Project		7,334	7,334	5,000
Lent Rise School Project		3,510	3,510	4,000
Lynch Hill Primary School Project		3,330	3,330	5,000
Dropmore Infant School Project				10,900
StNicholas CofESchool Project				1,083
	1,500	24,675	26,175	25,983
Health Initiatives and projects
Hold My Hand mental health project	1,148	7,930	9,078
Hope mental health project	1,148	10,800	11,948
Sundry others	1,501		1,501	4,874
	3,797	18,730	22,527	4,874
Donations
Burnham Youth Club Garden Project				1,000
Sundry others (&X1,000)	629		629	332
	629		629	1,332
Salaries and employee costs
Salaries and employee costs	71,435		71,435	68,118
Governance costs
Utilities and Support Costs	9.580		9,580	7,200
Independent Examiner's Fee	2,100		2,100	2,100
Other administrative costs	23,795		23,795	22,337
	35,475		35,475	31,637
Total Expenditure	112,836	43,405	156,241	131,944

ET INCOME
		2023	2022
Net incoming resources are stated after charging:		f.
Depreciation		213	345
Independent Examiner's	Fee	2,100	2,100
Employees: No employee	has received emoluments	above f60,000 during either	year.
		2023	2022
The employee costs for the Charity were:
Wages and Salaries		68,109	64,857
Social Security Costs			334
Contributions to Pension	Scheme	3,326	2,927
		71,435	68,118
Average number ofstaff

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
Market value at 1 October	2022			1,751,624	2,196,777
Additions at cost				356,131	223,337
Disposals at carrying value				(253,459)	(385,407)
Net unrealised losses in the year				(71,324)	(283,083)
Market value at 30September 2023				1,782,972	1,751,624
Net cash (invested)/released		from investments		in the year:
				2023	2022
Disposal proceeds				262,835	338,402
Additions at cost				(356,131)	(223,337)
Net cash (invested)/released				(93,296)	115,065
Net losses on investments:				2023	2022
Net realised gains/(losses)	on	disposals	in the year	9,376	(47,004)
Net unrealised losses the year				(71,324)	(283,083)
Net losses on investments				(61,948)	(330,087)
Listed investments				2023	2022
Stocks and shares				1,561,222	1,711,339
Fixed Interest				221,750	40,285
				1,782,972	1,751,624

11.	FOR THE DEBTORS	YEAR ENDE	D 30	SE	PTEMB	ER	2023 - continued
							2023	2022
	Other debtors						2,053	989
	Loan to Burnham Health Medical Centre							82,000
							2,053	82,989
	The loan to Burnham Health Medical		Centre	was repaid		in January 2023.
12.	CREDITORS - amounts falling due within			one year			2023	2022
								f.
	Trade creditors						1,195	6,391
	Other Creditors						550	1,756
	Accrued Grants Payable						16,094
	Accruals						6,300	6,900
							24,139	15,047
13.	ANALYSIS OFNET ASSETSBETWEEN FUNDS
				Unrestricted			Restricted	Total
					Funds		Funds	Funds
	Tangible fixed assets				2,212			2,212
	investments				1,782,972			1,782,972
	Current assets				55,812		16,094	71,906
	Creditors —amounts falling due within
	one year				(8,045)		(16,094)	(24,139)
	Net assets as at 30September 2023				1,832,951			1,832,951
14.	RECONCILIATION	OFNET MOVEMENT			IN FUNDS		TO NET CASH	FLOW
	FROM OPERATING	ACTIVITIES
							2023	2022
	Net movement in funds						(101,370)	(372,292)
	Deduct investment income						(60,09])	(62,256)
	Deduct miscellaneous	income					(18,000)
	Add back depreciation						213	345
	Deduct purchase offixed assets						(2,286)
	Add losses on investments						61,948	330,087
	Decrease/(increase) in	debtors					80,936	(552)
	Increase in creditors						9,092	6,634
	Net Cash Outflow from Operating		Activities				(29,558)	(98,034)

Restricted	Funds re Projects
		2023	2022
Funds brought forward at I October 2022			262
Restricted	Donations received	43,405	25,983
Expenditure	on Charitable Activities	(43,405)	(26,245)
Restricted	Funds re Projects at 30September 2023
Total Restricted Funds at30September 2023			82,000