| Contents | Page | |||
|---|---|---|---|---|
| Company | information | 1 | ||
| Directors' | report | 2-4 | ||
| Report of | the Independent | Examiner | 5 | |
| Statement | offinancial | activities | 6 | |
| Balance sheet | 7 | |||
| Notes to the financial | statements | 8-11 |
| Directors | SA Helms | ||||
|---|---|---|---|---|---|
| JT Smith | |||||
| RD Thomas (resigned | 13October 2022) | ||||
| RC Rogers (appointed | 13October 2022) | ||||
| VSearle (appointed 13October 2022) |
|||||
| Secretary | SA Helms | ||||
| Registered | Office | International | House | ||
| 36-38 Cornhill | |||||
| London | |||||
| EC3V 3NG | |||||
| Bankers | Barclays Bank PLC | ||||
| Leicester | |||||
| LE873BB | |||||
| Independent | examiner | Miriam Hickson | CTA FCA | ||
| Jacob Cavenagh | 8 Skeet | ||||
| 5 Robin Hood | Lane | ||||
| Sutton | |||||
| Surrey | |||||
| SM1 2SW |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| Funds | Funds | |||
| Note | ||||
| Income from: | ||||
| Donations | 28,813 | 31,457 | ||
| Donated shares | 2,644 | |||
| income from Charitable | Activities | 25,887 | 2 624 | |
| Total income | 54,700 | 36,725 | ||
| Expenditure on: |
||||
| Charitable activities |
50931 | 19391 | ||
| Total expenditure | 50,931 | 19,391 | ||
| Net (losses) on investments | ~2644 | |||
| Net income/(expenditure) | 3,769 | 14,690 | ||
| Reconciliation offunds |
||||
| Funds brought forward |
15030 | 340 | ||
| Funds carried forward | 799 |
| GLOBALSOURCENET BALANCE SHEET |
GLOBALSOURCENET BALANCE SHEET |
||||||
|---|---|---|---|---|---|---|---|
| AS AT 31 DECEMBER 2022 | Company | No. | 3569686 | ||||
| 2022 | 2021 | ||||||
| Note | |||||||
| Fixed assets | |||||||
| Investments | |||||||
| Current assets | |||||||
| Cash at bank | and in hand | 12,093 | 9,236 | ||||
| Debtors | 7426 | 6394 | |||||
| 19,519 | 15,630 | ||||||
| Creditors: | |||||||
| Amounts falling due within one year |
720 | 600 | |||||
| Net current assets | 18799 | 15030 | |||||
| Net assets | |||||||
| Funds | |||||||
| Unrestricted | income funds | 18799 | 15030 | ||||
| ~17 | ~13 |
| 2022 E |
2022 E |
2021f | ||||
|---|---|---|---|---|---|---|
| Activities Undertaken |
Directly: | |||||
| Donations to charities |
with | similar objectives | ||||
| Project Costs | 50,148 | 18,238 | ||||
| Support Costs: | ||||||
| Office costs | 63 | 37 | ||||
| Governance —Independent |
Examination | fees | 720 | 600 | ||
| Exchange (gain)/losses | ~1 | 516 ~11 |
||||
| NET (EXPENDITURE)/INCOME | ||||||
| 2022 | 2021 | |||||
| This is stated after charging/(crediting): | ||||||
| (Gain)/loss on exchange |
| NALYSI | S OF NET ASSETS BETWE | EN FUNDS | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| E | E | |||
| Current | assets | 19,519 | 19,519 | |
| Current | liabilities | ~720 | ~720 | |
| Total net assets | ~1 |
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| Fund | Fund | |||||
| Specific | ||||||
| General | Worker | Total | ||||
| fund E |
fund | fundsf | ||||
| Income | and | investment | losses | 54,700 | 54,700 | |
| Ex enditure | 50,931 | 50,931 | ||||
| Net income | 3,769 | 3,769 | ||||
| Funds | brou | ht forward | 15,030 | 15,030 | ||
| Funds | carried forward | 18,799 | 18,799 |
| E2,644 when | given and revalued to fair value at the |
year end. | |
|---|---|---|---|
| 2022 | 2021 | ||
| 2 R1 ordinary | shares | ||
| Value brought | forward | 2,644 | |
| Revalued | ~2644 | ||
| Value carried | forward |