2022-04-30-accounts - The Troy Trust

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		Pages
Trustees' Annual Report		2to4
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Statement of Cash flows
Notes to the Accounts		9to16
Detailed Statement of Financial Activities		17to 18

for t:he year	ended 30April	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
		Notes	f	f	E	f
Income and	endowments
from:
Donations	and legacies		352,741	815	353,556	284,368
Charitable	activities		84,524	263,905	348,429	507,459
Other trading activities			1,294		1,294	943
investments			90		90	140
Other			561		561
Total			439,210	264,720	703,930	792,910
Expenditure	on:
Charitable	activities		324		324
Other			465,392	203,779	669,171	826,694
Total			465,716	203,779	669,495	826,694
Net gains on	investments
Net income/(expenditure)			(26,506)	60,941	34,435	(33,784)
Transfers between funds
Net income/(expenditure)
before other	gains/(losses)		(26,506)	60,941	34,435	(33,784)
Other gains and losses
Net movement in funds			(26,506)	60,941	34,435	(33,784)
Reconciliation offunds:
Total funds brought forward			228,494		228,494	262,278
Total funds carried forward			201,988	60,941	262,929	228,494

Charity No. 10788	03				2022	2021
					f	f
Current assets
Debtors						4,765
Cash at bank and		in hand			264,141	223,729
					264,141	228,494
Creditors: Amount	falling due within one year			12	(1,212)
Net current assets					262,929	228,494
Total assets less current			liabilities		262,929	228,494
Net assets excluding		pension asset or liability			262,929	228,494
Total net assets					262,929	228,494
The funds ofthe charity
Restricted funds				13
Restricted income		funds			60,941
					60,941
Unrestricted funds
. General funds					201,988	228,494
					201,988	228,494
Reserves				13
Total funds					262,929	228,494

			2022	2021
			f	f
Cash flows from operating	activities
Net income/(expenditure)	per Statement	of Financial Activities	34,435	(33,784)
Adjustments for:
Dividends, interest and	rents from investments		(651)	(140)
Decrease in trade and other receivables			4,765	2,845
increase in trade and other payables			1,212
Net cash provided by/(used	in) operating	activities	39,761	(31,079)
Cash flows from investing activities
Dividends, interest and	rents from investments		651	140
Net cash from investing activities			651	140
Net cash from financing activities
Net increase/(decrease) in	cash and cash equivalents		40,412	(30,939)
Cash and cash equivalents	at the beginning	ofthe year	223,729	254,668
Cash and cash equivalents	at the end ofthe year		264,141	223,729
Components of cash and cash equivalents
Cash and bank balances			264,141	223,729
			264,141	223,729

(FRS102)and the	Charities Act 2011.
Change in basis of	accounting orto previous accounts
There has been no	change to the accounting policies (valuation rules and method ofaccounting)					since
last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds	These are available for use at the discretion ofthe trustees in furtherance				ofthe
	general objects ofthe charity.
Designated funds	These are unrestricted funds earmarked by the trustees	for particular purposes.
Revaluation funds	These are unrestricted funds which include a revaluation	reserve	representing
	the restatement ofinvestment assets at their market values.
Restricted funds	These are available for use subject to restrictions imposed by the		donor	or
	through terms ofan appeal.
income
Recognition of	Income is included in the Statement of Financial Activities (SoFA)		when	the
income	charity becomes entitled to, and virtually certain to receive, the income			and		the
	amount ofthe income can be measured with sufficient	reliability.
Income with related	Where income has related expenditure the income and	related expenditure				is
expenditure	reported gross in the SoFA.
Donations and	Voluntary income received by way ofgrants, donations	and gifts is included				in
legacies	the the SoFA when receivable and only when the Charity has unconditional
	entitlement to the income.
Tax reclaims on	Income from tax reclaims is included in the SoFA at the	same time as the
donations and gifts	gift/donation to which it relates.
Donated services	These are only included in income (with an equivalent amount in		expenditure)
and facilities	where the benefit to the Charity is reasonably quantifiable, measurable			and
	material.
Volunteer help	The value of any volunteer help received is not included	in the accounts.
Investment income	This is included in the accounts when receivable.
Gains/(losses) on	This includes any gain or loss resulting from revaluing investments		to market
revaluation offixed	value at the end ofthe year.
assets
Gains/(losses) on	This includes any gain or loss on the sale ofinvestments.
investment assets

2	Statement of	Financial	Activities - prior	year
					Unrestricted	Restricted	Total
					funds	funds	funds
					2021	2021	2021
						f
Income and endowments			from:
	Donations and	legacies			331,290		331,290
	Charitable activities				140,347	320,190	460,537
	Other trading	activities			943		943
	Investments				140		140
Total					472,720	320,190	792,910
Expenditure on:
	Charitable activities				373,097	426,097	799,194
	Other				27,500		27,500
Total					400,597	426,097	826,694
Net income					72,123	(105,907)	(33,784)
Net income before other
gains/(losses)					72,123	(105,907)	(33,784)
Other gains and losses:
Net movement in funds					72,123	(105,907)	(33,784)
Reconciliation offunds:
Total funds brought		forward			156,371	105,907	262,278
Total funds carried		forward			228,494		228,494
3	Income from donations		and legacies
				Unrestricted	Restricted	Total	Total
						2022	2021
	Donations and	Contributions
	from individuals	and		339,856	815	340,671	251,365
	organisations
	Gift Aid recovered			12,885		12,885	33,003
				352,741	815	353,556	284,368
4	Income from charitable		activities
				Unrestricted	Restricted	Total	Total
						2022	2021
	Events income			32,869		32,869	46,922
	Grants received			51,655	263,905	315,560	460,537
				84,524	263,905	348,429	507,459

5	Income fro	m other	tradi	ng activities
						Unrestricted	Total	Total
							2022	2021
	Sales ofgoods and		Services			1,294	1,294	943
						1,294	1,294	943
6	Income from investments
						Unrestricted	Total	Total
							2022	2021
	Interest receivable		from	bank
	deposits					90	90	140
						90	90	140
7	Other income
						Unrestricted	Total	Total
							2022	2021
	Sponsored	subscriptions		and
	Charities Trust income					561	561
						561	561
8	Expenditure	on charitable		activities
						Unrestricted	Total	Total
							2022	2021
	Independent	Examiners fees				324	324
						324	324
9	Other expenditure
					Unrestricted	Restricted	Total	Total
							2022	2021
	Other Expenditure				50,899	310	51,209	27,500
	Project Expenditure				414,493	203,469	617,962	799,194
					465,392	203,779	669,171	826,694

2022	2021
	f
	4,765
	4,765

amounts
	2022	2021
	E
Accruals	1,212
	1,212

Movement in funds
			Incoming
			resources	Resources	At 30
		At:1 IVlay	(including other	expended	April 2022
		2021	gains/losses)
Restricted funds:
Restricted income funds:
Ethiopia Core Support			50,000		50,000
Ethiopia Alehuay Project			50,100	(50,000)	100
Ethiopia Village Savings and
Loans Group			47,351	(47,351)
Ghana Core Support			28,972	(28,972)
Ghana Donkorkrom	and
Honey Trade			14,046	(14,046)
BeeThe Voice Uganda			50,100	(50,100)
Uganda beekeeping	for
people with disabilities			10,000	(10,000)
Other projects			14,151	(3,310)	10,841
Total			264,720	(203,779)	60,941
Unrestricted funds:
General funds		228,494	439,210	(465,716)	201,988
Total funds		228,494	703,930	(669,495)	262,929

14	Analysis ofne	t assets between funds
			Unrestricted	Restricted
			funds	funds	Total
				f
	Net current assets		201,987	60,942	262,929
			201,987	60,942	262,929
15	Reconciliation	ofnet debt
					At 30
			At 1May		April
			2021	Cash flows	2022
			f	f	f
	Cash and cash	equivalents	223,729	40,412	264,141
			223,729	40,412	264,141
	Net debt		223,729	40,412	264,141

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2022	2022	2022	2021
				f			f
Income and endowments		from".
Donations and legacies
Donations and Contributions			from
individuals and organisations				339,856	815	340,671	251,365
Gift Aid recovered				12,885		12,885	33,003
				352,741	815	353,556	284,368
Charitable activities
Events income				32,869		32,869	46,922
Grants received				51,655	263,905	315,560	460,537
				84,524	263,905	348,429	507,459
Other trading activities
Sales ofgoods and	Services			1,294		1,294	943
				1,294		1,294	943
Investments
Interest receivable	from	bank
deposits				90		90	140
				90		90	140
Other
Sponsored subscriptions		and
Charities Trust income				561		561
				561		561
Total income and endowments				439,210	264,720	703,930	792,910
Expenditure on:
Governance costs
Independent Examiners		fees		324		324
				324		324
Total ofexpenditure	on charitable
activities				324		324
Other expenditure
Other Expenditure				50,899	310	51,209	27,500
Project Expenditure				414,493	203,469	617,962	799,194
Total ofexpenditure	ofother costs			465,392 465,392	203,779 203,779	669,171 669,171	826,694 826,694
Total expenditure				465,716	203,779	669,495	826,694
Net gains on investments
Net income/(expenditure)				(26,506)	60,941	34,435	(33,784)

Detailed Statement of Finan	cial Activities
Net income/(expenditure)	before
other gains/(losses)		(26,506)	60,941	34,435	(33,784)
Other Gains
Net movement in funds		(26,506)	60,941	34,435	(33„784)
Reconciliation offunds:
Total funds brought forward		228,494		228,494	262,278
Total funds carried forward		201,988	60,941	262,929	228,494