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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees'
Report||2to9|
|Independent
Auditors'|Report|10to 12|
|Statement of Financial|Activities|13|
|Statement of Financial|Activities|14|
|Balance Sheet||15|
|Notes to the Financial|Statements|16to27|
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|True'tees||||J Fergusson||||
|---|---|---|---|---|---|---|---|
|||||A Hill||||
|||||L Islam||||
|||||J Orchard||||
|||||LJ Bone||||
|||||J Kisenyi (appointed|1|March 2022)||
|||||S Evans (appointed|1|March 2022)||
|Principal Olrfce||||1st Floor||||
|||||MILE House||||
|||||Bridge End||||
|||||Chester le Street||||
|||||County
Durham||||
|||||DH3 3RA||||
|Administrator||&Trust Secretary||JAnderson||||
|Solicitors||||Bircham Dyson Bell||||
|||||50 Broadway||||
|||||Weslminster||||
|||||London||||
|||||SW1H OBL||||
|Bankers||||CAF Bank Limited||||
|||||Head Office||||
|||||Kings
Hill||||
|||||West Malkng||||
|||||Kent||||
|||||ME194TA||||
|Investment|Managers|||Until December 2021||||
|||||Rathbone
Investment
8 Finsbury Circus||Management|Limited|
|||||London||||
|||||EC2M TAZ||||
|||||From December 2021||||
|||||Investec||||
|||||30 Gresham Street||||
|||||London||||
|||||EC2V TQN||||
|Auditor||||Azets Audit Services||||
|||||Charlered
Accountant||& Slatutory|Auditor|
|||||Bulman
House||||
|||||Regent Centre||||
|||||Gosforth||||
|||||Newcastle
upon Tyne||||
|||||NE3 3LS||||
|Charity Registration|||Number|10T6803||||
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|2022|||||||
|---|---|---|---|---|---|---|
||||||Tatal|Total|
||||Unrestricted|Endowment|2022|2021|
|||Note|||8||
|Incame and Endowments||fram:|||||
|Investment
income||2|168,865||168,865|172,265|
|Expenditure
on:|||||||
|Raising funds||||(31,220)|(31,220)|(41,785)|
|Charitable
acliviTies|||(228,181)||(228,181)|(219,588)|
|Tatal Expenditure|||(228,181)|(31,220)|(259,401)|(261,373)|
|Gains/(Losses)
on|||||||
|investment
assets||||(449,950)|(449,950)|1,057,713|
|Net (expenditure)fincome|||(59,316)|(481,170)|(540,486)|968,605|
|Gross transfers
between
funds||16|OO,IIOO|~66,006|||
|Net movement
in funds|||684|(541,170)|(540,486)|968,605|
|Reconciliation
offunds|||||||
|Talal funds brought|forward||42,872|7,258,533|7,301,405|6,332,800|
|Tatal funds carried|forward|16|43,558|6,717,363|6,760,919|7,301,405|
##
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|||||||Total|
|---|---|---|---|---|---|---|
|||||Unrestricted|Endowment|2021|
||||Note||E||
|Income end Endowments||from:|||||
|Investment
income|||2|172,265||172,265|
|Expenditure
on:|||||||
|Raising funds|||||(41,785)|(41,785)|
|Charitable
acbviTies||||(219,588)||(219,588)|
|Tolal expenditure||||(219,588)|(41,785)|(261,373)|
|Gains/(losses)
on investment||assets|||1,057,713|1,057,713|
|Net (expenditure)fincome||||(47,323)|1,015,928|968,605|
|Gross transfers
between|funds|||80,000|(80,000)||
|Net movement
in funds||||32,677|935,928|968,605|
|Reconciliation
offunds|||||||
|Tolal funds brought
forward||||10,195|6,322,605|6,332,800|
|Total funds carried forward||||42,872|7,258,533|7,301,405|
##
##
|Balance|She|et|
as at 30September 2022||||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||Note|8||
|Fixed assets|||||||
|Investments||||10|6,710,810|7,366,792|
|Current assets|||||||
|Debtors||||11||3,071|
|Investments||||12|175,486|56,685|
|Cash at bank|and|in hand||13|48,499|63,784|
||||||223,985|123,540|
|Creditonn
Amounts|||falling due within one year|14|(123,876)|(134,427)|
|Net current assetsl(liabilities)|||||100,109|(10,887)|
|Total assets|less|current liabilities|||6,810,919|7,355,905|
|Creditors: Amounts|||falling due after more than one year|15|(50,000)|(54,500)|
|Net assets|||||6,760,919|7,301,405|
|Funds ofthe|charity:||||||
|Endowrnentfunds|||||6,717,363|7,258,533|
|Unrestricted|income||funds||||
|Unrestricted
funds|||||43,556|42,872|
|Total funds||||16|6,760,919|7,301,405|
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|2
Investment
In|co|me||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|Total|Total|
||||General|2022|2021|
||||0|f.||
|Interest receivable|and similar income;|||||
|Interest receivable||on bank deposits|487|487||
|Other investment|income||168,378|168,378|172,265|
||||168,865|168,865|172,265|
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|a) Investment||management
|costs||||
|---|---|---|---|---|---|---|
|||||Endowment|||
|||||funds|Total|Total|
||||||2022|2021|
|||||Direct costs|E|K|
|Other investment||management|costs;||||
|Administration||ofthe investments||31,220|31,220|41,785|
|||||31,220|31,220|41,785|
|4
Expenditure||on charitable|activities||||
|||||Unrestricted|||
|||||funds|Total|Total|
|||||General
K|2022|2021f|
|Grant funding|of|activities||187,000|187,000|182,000|
|Allocated
support||costs||41,181|41,181|37,588|
|||||228,181|228,181|219,588|
|||||Support|Total|Total|
||||Direct costs|costs|2022|2021|
|||||K|F||
|Grants|||192,MO||192,000|191,000|
|Grants wilhdrawn||from prior|||||
|years|||(5,MO)||(5,000)|(9,000)|
|Administrator|costs|||31,678|31,678|31,087|
|Subscripbons||||2,156|2,156|2,450|
|Website costs||||360|360|360|
|Travel and subsistence||||1,503|1,503|710|
|Audit fee||||2,880|2,880|2,880|
|Bank charges||||118|118|101|
|Trustee recruitment||||2,486|2,486||
|Total for2022|||187,000|41,181|228,181|219,588|
|Tolal for2021|||182,000|37,588|219,588||
##
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|Support costs allocated to charitable|Support costs allocated to charitable|Support costs allocated to charitable|activities||||
|---|---|---|---|---|---|---|
|||||Governance|Administration|Total|
|||Basis of
allocation||costsf|COStS
f|2022f|
|Administrator|costs|10%/|90%|3,168|28,510|31,678|
|Subscriplions||10%/|90%|216|1,940|2,156|
|Web hosting|and domain name|10%/|90%|36|324|360|
|Travel and subsistence||100%||1,503||1,503|
|Audit fee||100%||2,880||2,880|
|Bank charges||100%||118||118|
|Trustee Recruitment||100%||2,486||2,486|
|||||10,407|30,774|41,181|
|||||Governance|Administration|Total|
|||Basis of
allocation||costsf|costsf|2021f|
|Administrator|costs|10%/|90%|3,108|27,979|31,087|
|Subscriplions||10%/|90%|245|2,205|2,450|
|Web hosting|and domain name|10%/|90%|36|324|360|
|Travel and subsistence||100%||710||710|
|Audit fee||100%||2,880||2,880|
|Bank charges||100%||101||101|
|||||7,080|30,508|37,588|
##
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##
|Below are details|ofgrants awarded|split by catego|ry:|||
|---|---|---|---|---|---|
|||||2022|2021|
|Category||Activity||||
|Disability (11grants (2021 —12))||Grant giving||64,500|48,500|
|Education (2grants (2021 - 4))||Grant giving||11,000|16,000|
|Elderly People (7|grants (2021 - 1))
Grant giving|||38,000|1,500|
|Social Welfare (6
10))|grants (2021—|Grant giving||36,500|63,000|
|Children
and Young People (6
grants (2021 - 13)||Grant giving||42,000|62,000|
|Grants Withdrawn||Grant giving||(5,0M)|(9,000)|
|||||18r,uuu|182,u00|
|Organisation|Round:|Scheme|Region|Amount|Phasing|
|Name|Round Name|||Awarded|Approved|
|Eastboume|July-2022|DISABILITY|South East|F6,000||
|Demenfia||||||
|Action||||||
|Alliance||||||
|High
Peak|July-2022|SOCIAL|East Midlands|F9,0M||
|Homeless||WELFARE||||
|Help||||||
|Amber
Crisis|July-2022|SOCIAL|South East|F7,500||
|Pregnancy||WELFARE||||
|Care||||||
|Home-Start|July-2022|SOCIAL|South West|F3,0M||
|Teignbridge||WELFARE||||
|Radio|July-2022|ELDERLY|Wales|F4,0M||
|Bronglais||||||
|New
Dawn|July-2022|YOUTH|South East|F3,000||
|Child
Contact||||||
|Centre||||||
|Yeovil|July-2022|DISABILITY|South West|F7,5M||
|Shopmobility||||||
|Friends
of|July-2022|ELDERLY|South West|F6,0M||
|Heavitree||||||
|Health Centre||||||
|Sunderland|July-2022|ELDERLY|North East|F6,0M||
|MariTime||||||
|Heritage||||||
|Phoenix|July-2022|SOCIAL|West|F6,0M||
|Counselling||WELFARE|Midlands|||
|Senilces||||||
##
|Maun Refuge|Maun Refuge|July-2022|SOCIAL|East Midlands||E2,000|1|
|---|---|---|---|---|---|---|---|
||||WELFARE|||||
|Croh
am|Hurst|March-2022|ELDERLY|London||f4,000|2|
|Good Neighbours||||||||
|Age
Concern||March-2022|ELDERLY|South West||E6,000|3|
|Sturminster|&|||||||
|North Dorset||||||||
|Cafe 100||March-2022|YOUTH|Yorkshire|and|E9,000|3|
|||||Hurnbe reide||||
|FDM: For Disability||March-2022|ELDERLY|Yorkshire|and|K3,000|1|
|Mobility||||Hurnberside||||
|Eastboume||March-2022|ELDERLY|South East||E9,000|3|
|Churches
VisiTing||||||||
|Cedar Tree||March-2022|SOCIAL|West Midlands||K9,000|3|
||||WELFARE|||||
|Headway||March-2022|DISABILITY|North East||26,000|3|
|Darlington|and|||||||
|District||||||||
|The ACE Project||March-2022|YOUTH|East of England||B),000|3|
|Rolherharn|Talking|March-2022|DISABILITY|Yorkshire|and|E9,000|3|
|Newspaper||||Hurnbe reide||||
|Timesavers||March-2022|DISABILITY|North West||E3,000|1|
|CAST||March-2022|EDUCATION|National||E5,000|2|
|Lake|District|November-2021|DISABILITY|North West||E3,000|1|
|Mobility||||||||
|SAFE
(Supporbng||November-2021|DISABILITY|South East||E3,000|1|
|Asperger
Families||||||||
|in Essex)||||||||
|Liquid Vibrations||November-2021|DISABILITY|National||&3,000|1|
|Child
and|Family|November-2021|YOUTH|North West||E9,000|3|
|Connect||||||||
|Sign
and|Share|November-2021|DISABILITY|Wales||E9,000|3|
|Club||||||||
|COMMUNITY||November-2021|YOUTH|South West||E9,000|3|
|REGENERATION||||||||
|OUTREACH||||||||
|PROJECTS|LTD|||||||
|(CROPS)||||||||
##
|022|||||||
|---|---|---|---|---|---|---|
|Hereward|Heat|November-2021|DISABILITY|East of England|E7,500|3|
|Wheelchair|||||||
|Basketball
Club|||||||
|Montgomeryshire||November-2021|YOUTH|Wales|C3,000|1|
|Youth Theatre|||||||
|Charlton
Riding|for|November-2021|DISABILITY|London|E7,500|3|
|the Disabled|||||||
|Norfolk SEN Network||November-2021|EDUCATION|East of England|F6,000|2|
##
|Net outgoing
resources for|the year include:|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||F||
|Audit fees||||2,880|2,880|
|9 Trustees remuneration|and expenses|||||
|During the year the charity|made the following|transacbons|with trustees:|||
|A Hill||||||
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|10Fixed asset investments|||
|---|---|---|
||2022|2021f|
|Other investments|6,710,810|7,366,792|
|Other investments|||
||Listed||
||investments|Total|
||E|k|
|Cost or Valuation|||
|At 1 October 2021|7,366,792|7,366,792|
|Additions|6,602,060|6,602,060|
|Disposals|(6,953,596)|(6,953,596)|
|Investment
(losses) Igains in the year|(304,446)|(304,446)|
|At 30September 2022|6,710,810|6,710,810|
|Net book value|||
|At 30September 2022|6,710,810|6,710,810|
|At 30September 2021|7,366,792|7,366,792|
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f.|k|
|UK holdings|Equities||||798,250|2,544,360|
||Gills|||||379,815|
||Other fixed 8||variable|Interest|395,028|1,105,616|
||Property|fund|||402,197|388,386|
||Infrastructure||fund|||279,029|
|Non-UK holdings|Equities||||5,115,336|2,672,586|
||||||6,710,811|7,369,792|
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||||||Total funds|
|---|---|---|---|---|---|
||||Unrestricted|Endowment|at 30|
||||funds|funds|September|
||||General
8|Expendable|2022f|
|Fixed asset investments||||6,710,810|6,710,810|
|Current|assets||217,432|6,553|223,985|
|Current
Creditors|liabiliTies
over 1 year||(123,876)
~50.000||(123,876)
~50.000|
|Total net assets|||43,556|6,717,363|6,760,919|
||||||Total funds|
||||Unrestricted|Endowment|at 30|
||||funds|funds|September|
||||General
K|Expendable
f|2021|
|Fixed asset investments||||7,366,792|7,366,792|
|Current|assets||123,540||123,540|
|Current|liabiliTies||(26,168)|(108,259)|(134,427)|
|Creditors|over 1 year||(54,500)||(54,500)|
|Total net assets|||42,872|7,258,533|7,301,405|
|18Analysis ofnet funds||||||
||||||At 30|
||||At 1 October|Financing|September|
||||2021|cash flows|2022|
|||||f.||
|Cash at|bank and|in hand|63,784|(15,285)|48,499|
|Current|asset investments||56,685|«8,801|175,486|
|Net debt|||120,469|103,516|223,985|
||||||At 30|
||||At 1 October|Financing|September|
||||2020|cash flows
f|2021|
|Cash at
Current|bank and
in hand
asset investments||73,709
392,703|(9,925)
~336,018|63,784
56,685|
|Net debt|||466,412|(345,943)|120,469|
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