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|ECONCILIATION|OF GRANT|S PAID AS ABOVE WITH FI|GURES SHOWN
IN THE ACC|OUNTS|
|---|---|---|---|---|
||||2023|2022|
||||f|E|
|Substantial
ongoing support|||213,000|111,700|
|Small Grants Programme|||170,250|118,000|
|Trustees'
Grants|||24,000|13,000|
|Total Grants Paid|||407,250|242,700|
|Less: Awarded
in|previous|year(s)|39,000|42,500|
||||368,250|200,200|
|Add: Allocated for payment||in future years|15,000|39,000|
|Grants as shown|ln the accounts||383,250|239,200|
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||||NOTE|UNRESTRICTED|PERMANENT|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|
|||||FUND|ENDOWIVIENT|FUNDS|FUNDS|
||||||FUND|2/12/23|2/12/22|
||||||E||E|
|INCOME||||||||
|Property
Income||||3,063||3,063|2,918|
|Net Income from|Investments|||155,337|47,950|203,287|209,909|
|Bank interest||||2,538||2,538|201|
|Other income -Doris||Bayless Trust|10|167,320||167,320|200|
|TOTAL||||328,258|47,950|376,208|213,228|
|EXPENDITURE||||||||
|Cost of generating|funds|||34,331|8,236|42,567|43,669|
|Grant Expenditure||||383,250||383,250|239,200|
|Grant related support||costs||32,244||32,244|25,748|
|COST OF GRANT-MAKING||||||||
|Governance
costs||||10,308||10,308|14,259|
|TOTAL||||460,133|8,236|468,369|322,876|
|NET OUTGOING|RESOURCES FOR YEAR||BEFORE|||||
|OTHER RECOGNISED||GAINS & LOSSES||(131,875)|39,714|(92,161)|(109,648)|
|Net gains/{losses)|on investments|||(117,870)|(42,760)|(160,630)|(483,397)|
|NET INCOME||||(249,?45)|(3,046)|(252,791)|(593,045)|
|Reallocation
of reserves||||47,224|(47,224)|||
|NET MOVEMENT|IN FUNDS|||(202,521)|(50,270)|(252,791)|(593,045)|
|BALANCE BROUGHT||FORWARD||7,204,417|1,609,132|8,813,549|9,406,594|
|BALANCE CARRIED FORWARD||||7,001,896|1,558,862|8,560,758|8,813,549|
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|||UNRESTRICTED|PERMANENT|TOTAL|TOTAL|
|---|---|---|---|---|---|
||NOTE|FUND|ENDOWMENT|FUNDS|FUNDS|
||||FUND|02/12/23|02/12/22|
||||E|E|E|
|FIXEDASSETS(at market value j||||||
|Investment
property||87,500||87,500|87,500|
|Investments
—Shareholdings||6,262,560|1,558,862|7,821,422|8,338,571|
|TOTAL FIXEDASSETS||6,350,060|1,558,862|7,908,922|8,426,071|
|CURRENT ASSETS||||||
|Debtors|9|402||402|402|
|Doris Bayless Trust Debtor|10|167,320||167,320||
|Cash at Bank and in Hand||508,654||508,654|435,196|
|TOTAL CURRENT ASSETS||676,3?6||676,376|435,598|
|UABILITIES||||||
|Creditors falling due within one year||24,540||24,540|48,120|
|hIET CURRENT ASSETS||651,836||651,836|387,478|
|TOTAL NET ASSETS||7,001,896|1,558,862|8,560,758|8,813,549|
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||NOTE|TOTAL|||TOTAL|
|---|---|---|---|---|---|
|||FUNDS|||FUND5|
|||2023|||2022|
|||E|||E|
|NET CASH USED IN||||||
|OPERATING ACTIVITIES|13|(311,756)|||(604,311)|
|NET CASH PROVIDED BYINVESTING ACTIVITIES||||||
|Net Cash Received income|208,888|||213,228||
|Net Proceeds from investment||||||
|Additions at cost|(2,251,642)||(3,037,436)|||
|Disposal proceeds|2,427,968||3,187,397|||
||176,326|||149,961||
|||385,214|||363,189|
|CHANGE
IN CASH AND CASH||||||
|EQUIVALENTS FOR THE YEAR||73,458|||(241,122)|
|CASH AND CASH EQUIVALENTS||||||
|BROUGHT FORWARD||435,196|||676,318|
|CARRIED FORWARD||508,654|||435,196|
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|||||||||
|---|---|---|---|---|---|---|---|
|3.
INVE5TMENT|INCOME|||||2023|2022|
|||||||f|f|
|Dividends||||||170,851|196,509|
|Interest on Securities|&|Cash|Deposits|||32,426|13,400|
|||||||203,287|209,909|
|4.
COST OF GENERATING|||FUNDS|||||
|Investment
management||fees||||42,567|43,669|
|ALLOCATION|OF|SUPPORT COSTS||||||
|||||GRANT||||
|||||IVIAKING|GOVERNANCE|||
|||||2023f|2023
f|2023
E|2022f|
|Secreta r
ial Costs and|Expenses|||21,701|768|22,469|20,949|
|ITSoftw
are and consumables||||1,260||1,260|2,160|
|Subscrip
Trustees
tI on s
' Expenses||||513
174||513
174|1,175
180|
|General
p
ex enses||||946||946|941|
|Legal expenses||||||||
|PO Boxnumber||||396||396|378|
|Audit and accountancy|Fees|||4,724|9,540|11,838|11,838|
|Insurance||||280||280|336|
|IT Support||||2,250||2,250|2,050|
|||||32,244|10,308|42,552|40,007|
##
|8.
INVESTIVIENTS|||
|---|---|---|
|SHAREHOLDINGS|2023|2022|
||E|E|
|MOVEMENT
IN FIXED AS5ET LISTED INVESTMENTS|||
|Market Value at 3rd December|8,338,571|8,698,514|
|Additions
at Cost|2,251,642|3,037,436|
|Disposals at cost
Revaluations|(2,177,901)
(410,698)|(2,225,710)
(1,445,083)|
|Cash balance movement|(180,192)|273,414|
|MARKET VALUE AT 2nd DECEMBER|7,821,422|8,338,571|
|HISTORICAL COST AT 2nd DECEMBER|7,183,002|7,288,264|
|INVESTMENTS AT|INVESTMENTS AT|FAIR|VALUE COMPRISED|2023|2022|
|---|---|---|---|---|---|
|||||E|E|
|Bonds|8 Fixed interest||Securities|389,782|227,050|
|UK Equities||||1,832,356|2,255,795|
|Overseas
Equities||||4,175,812|3,769,249|
|Global|Investments|||531,347|533,707|
|Property||||210,779|250,474|
|Other||||588,125|1,028,882|
|Bank|balances|||93,221|273,414|
|||||7,821,422|8,338,571|
|9.|DEBTORS|||2023
f|2022
E|
||Rochford Estates-apportionments|||222|222|
||Subscription|prepayment||180|180|
|||||402|402|
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||AMOUNTS
FALLING DUE WITHIN|ONE YEAR|2023|2022|
|---|---|---|---|---|
||||E|E|
||Audit Fee||9,540|9,120|
||Grants Payable||15,000|39,000|
||||23,540|48,120|
|12,|GRANT COMMITIVIENTS||||
||The Charity had no commitments
f15,000(2022 E39,000).|at the balance sheet date other than to pay grants awarded of|||
##
||||||||
|---|---|---|---|---|---|---|
|13.|RECONCILIATION
OF NET|MOVEMENT|IN FUNDS TO NET CASH||FLOW FROM|OPERATING|
||ACTIVITIES||||||
||||||2023|2022|
||||||E|E|
||Net movement
in funds
Deduct investment
income 8 donations
Deduct increase
in debtors||||(252,791)
(208,888)
(167,320)|(593,045)
(213,228)|
||Deduct realised gains on investments||||(250,067)|(961,687)|
||Add unrealised
gains on investments||||410,698|1,445,083|
||Deduct unrealised
gain on|Investment|property||||
||Deduct decrease
in creditors||||(23,580)|(8020)|
||Add/(Deduct)
investment|cash movement|||180,192|(273,414)|
||Net cash used in operating|activities|||(311,756)|(604,311)|
|14.|FINANCIAL INSTRUMENTS||||||
||||||2023|2022|
||||||E|E|
||FINANCIAL ASSETS||||||
||Financial assets measured|at fair value|through|income and|||
||expenditure||||7821422|8 338571|
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