| Pages | ||
|---|---|---|
| Trustees' Annual Report |
2to 4 | |
| Independent Examiner's |
Report | 5 |
| Statement of Financial Activities | 6 | |
| Balance Sheet | 7 | |
| Statement ofCash flows | 8 | |
| Notes to the Accounts | 9to 16 | |
| Detailed Statement of Financial Activities |
17to 18 |
| for the year | ended 30April | 2023 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | funds | funds | Total funds | |||
| 2023 | 2023 | 202$ | 2022 | |||
| Notes | E | E | E | E | ||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and legacies | 601,489 | 601,889 | 353,556 | ||
| Charitable | activities | 9,863 | 155,969 | 165,832 | 348,429 | |
| Other trading activities | 21,498 | 21,498 | 1,294 | |||
| Investments | 4,239 | 4,239 | 90 | |||
| Other | 180 | 180 | 561 | |||
| Total | 637,269 | 156,369 | 793,638 | 703,930 | ||
| Expenditure | on: | |||||
| Charitable | activities | 350 | 350 | 324 | ||
| Other | 357,139 | 137,779 | 494,918 | 669,171 | ||
| Total | 357,489 | 137,779 | 495,268 | 669,495 | ||
| Net gains on | investments | |||||
| Net income | 279,780 | 18,590 | 298,370 | 34,435 | ||
| Transfers between funds |
||||||
| Net income gains/(losses) |
before other | 279,780 | 18,590 | 298,370 | 34,435 | |
| Other gains | and losses | |||||
| Net movement in funds |
279,780 | 18,590 | 298,370 | 34,435 | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward |
201,986 | 60,943 | 262,929 | 228,494 | ||
| Total funds carried forward |
481,766 | 79,533 | 561,299 | 262,929 |
| The Troy Trust, working title Beesfor Development Tr Balance Sheet at 30April 2023 |
The Troy Trust, working title Beesfor Development Tr Balance Sheet at 30April 2023 |
ust | ||
|---|---|---|---|---|
| Charity No. 1078803 | 2023 | 2022 | ||
| f | f | |||
| Current assets | ||||
| Debtors | 6,569 | |||
| Cash at bank and in hand | 584,000 | 264,141 | ||
| 590,569 | 264,141 | |||
| Creditors: Amount | falling due within one year | 12 | (29,270) | (1,212) |
| Net current assets | 561,299 | 262,929 | ||
| Total assets less current liabilities | 561,299 | 262,929 | ||
| Net assets excluding pension asset or liability | 561,299 | 262,929 | ||
| Total net assets | 561,299 | 262,929 | ||
| The funds ofthe charity | ||||
| Restricted funds | 13 | |||
| Restricted income funds | 79,533 | 60,943 | ||
| 79,533 | 60,943 | |||
| Unrestricted funds |
13 | |||
| General funds | 481,766 | 201,986 | ||
| 481,766 | 201,986 | |||
| Reserves | 13 | |||
| Total funds | 561,299 | 262,929 |
| 2023 | 2022 | ||
|---|---|---|---|
| E | f. | ||
| Cash flows from operating activities |
|||
| Net income per Statement ofFinancial Activities | 298,370 | 34,435 | |
| Adjustments for: |
|||
| Dividends, interest and rents from investments |
(4,419) | (651) | |
| (Increase)/Decrease in trade and other receivables |
(6,569) | 4,765 | |
| Increase in trade and other payables |
28,058 | 1,212 | |
| Net cash provided by operating activities |
315,440 | 39,761 | |
| Cash flows from investing activities |
|||
| Dividends, interest and rents from investments |
4,419 | 651 | |
| Net cash from Investing activities |
4,419 | 651 | |
| Net cash from financing activities |
|||
| Net increase in cash and cash equivalents | 319,859 | 40,412 | |
| Cash and cash equivalents at the beginning |
ofthe year | 264,141 | 223,729 |
| Cash and cash equivalents at the end ofthe year |
584,000 | 264,141 | |
| Components ofcash and cash equivalents |
|||
| Cash and bank balances | 584,000 | 264,141 | |
| 584,000 | 264,141 |
| Fund accounting | Fund accounting | Fund accounting | 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 of investment 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 | ||||||||||
| 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 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 ofany 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 | of | fixed | value at the end ofthe year. | |||||||
| assets | ||||||||||
| Gains/(losses) | on | This includes any gain or loss on the sale |
of | investments. | ||||||
| investment | assets |
| 2 | Statement of Financial | A | ctlvit | ies - prior year |
||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||||
| funds | funds | funds | ||||||
| 2022 | 2022 | 2022 | ||||||
| f | f | f | ||||||
| Income and endowments | from: | |||||||
| Donations and legacies |
352,741 | 815 | 353,556 | |||||
| Charitable activities |
84,524 | 263,905 | 348,429 | |||||
| Other trading activities |
1,294 | 1,294 | ||||||
| investments | 90 | 90 | ||||||
| Other | 561 | 561 | ||||||
| Total | 439,210 | 264,720 | 703,930 | |||||
| Expenditure on: |
||||||||
| Charitable activities |
324 | 324 | ||||||
| Other | 465,392 | 203,779 | 669,171 | |||||
| Total | 465,716 | 203,779 | 669,495 | |||||
| Net | Income | (26,506) | 60,941 | 34,435 | ||||
| Net | income before other gains/(losses) | (26,506) | 60,941 | 34,435 | ||||
| Other gains and losses: | ||||||||
| Net | movement In funds |
(26,506) | 60,941 | 34,435 | ||||
| Reconciliation offunds: | ||||||||
| Total funds brought forward | 228,494 | 228,494 | ||||||
| Total funds carried forward | 201,988 | 60,941 | 262,929 | |||||
| 3 | Income from donations | and | legacies | |||||
| Unrestricted | Restricted | Total | Total | |||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| Donations and Contributions and organisations |
from individuals | 547,705 | 400 | 548,105 | 340,671 | |||
| Gift Aid recovered | 27,889 | 27,889 | 12,885 | |||||
| Legacies and bequests | 25,895 | 25,895 | ||||||
| 601,489 | 400 | 601,889 | 353,556 | |||||
| 4 | Income from charitable | activities | ||||||
| Unrestricted | Restricted | Total | Total | |||||
| 202$ | 2022 | |||||||
| Events income | 9,863 | 9,863 | 32,869 | |||||
| Grant income | 155,969 | 155,969 | 315,560 | |||||
| 9,863 | 155,969 | 165,832 | 348,429 |
| 5 | Income fro | m | other trading | activi | ties | ||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||||||
| 2023 | 2022 | ||||||||
| Sales ofgoods | and Services | 5,269 | 5,269 | 1,294 | |||||
| Courses income | 16,229 | 16,229 | |||||||
| 21,498 | 21,498 | 1,294 | |||||||
| 6 | Income from | investments | |||||||
| Unrestricted | Total | Total | |||||||
| 2023 | 2022 | ||||||||
| interest receivable from bank deposits | 4,239 | 4,239 | 90 | ||||||
| 4,239 | 4,239 | 90 | |||||||
| 7 | Other income | ||||||||
| Unrestricted | Total | Total | |||||||
| 2023 | 2022 | ||||||||
| f | f | ||||||||
| Sponsored | subscriptions/Charities | Trust | 180 | 180 | 561 | ||||
| income | |||||||||
| 180 | 180 | 561 | |||||||
| 8 | Expenditure | on charitable | activities | ||||||
| Unrestricted | Total | Total | |||||||
| 2023 | 2022 | ||||||||
| Governance | costs | ||||||||
| independent | Examiners fees | 350 | 350 | 324 | |||||
| 350 | 350 | 324 | |||||||
| 9 | Other expenditure | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| 202$ | 2022 | ||||||||
| Other Expenditure | 51,209 | ||||||||
| Project Expenditure | 357,139 | 137,779 | 494,918 | 617,962 | |||||
| 357,139 | 137,779 | 494,918 | 669,171 |
| 11 | Debtors | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| f | f | |||
| Other debtors | 6,569 | |||
| 6,569 | ||||
| 12 | Creditors: | |||
| amounts | falling due within one year | |||
| 202$ | 2022 | |||
| f | f | |||
| Other creditors | 28,130 | |||
| Accruals | 1,140 | 1,212 | ||
| 29,270 | 1,212 |
| Movement in f |
unds | ||||
|---|---|---|---|---|---|
| Incoming | |||||
| resources | |||||
| Resources | At SO | ||||
| At 1May | (including other |
expended | April 2023 | ||
| 2022 | gains/losses) | ||||
| f | f | f | |||
| Restricted funds: | |||||
| Restricted income funds: | |||||
| Ethiopia Core Support | 50,000 | (20,474) | 29,526 | ||
| Ghana Buzz Club |
9,637 | (4,124) | 5,513 | ||
| Ghana Beethe | Voice | 23,667 | (8,000) | 15,667 | |
| Ethiopia More | Bees | 92,977 | (92,977) | ||
| Ukraine Beekeepers | 715 | 400 | 1,115 | ||
| Beesfor Batwa | ll | 700 | 700 | ||
| Uganda Making |
Beekeeping Work for People | ||||
| with Disabilities | 39,325 | (12,413) | 26,912 | ||
| Other projects | (109) | 209 | 100 | ||
| Total | 60,943 | 156,369 | (137,779) | 79,533 | |
| Unrestricted funds: |
|||||
| General funds | 201,986 | 637,269 | (357,489) | 481,766 | |
| Totalfunds | 262,929 | 793,638 | (495,268) | 561,299 |
| 14 | Analysis ofnet | assets between funds | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | ||||
| f | f | f | |||
| Net current assets | 481,766 | 79,533 | 561,299 | ||
| 481,766 | 79,533 | 561,299 | |||
| 15 | Reconciliation | ofnet debt | |||
| At 1May | Cash | At 30 | |||
| 2022 | flows | April 202$ | |||
| f | f | f | |||
| Cash and cash | equivalents | 264,141 | 319,859 | 584,000 | |
| 264,141 | 319,859 | 584,000 | |||
| Net debt | 264,141 | 319,859 | 584,000 |
| Unrestrlcte | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| d funds | funds | Total funds | Total funds | ||||
| 2023 | 2023 | 2023 | 2022 | ||||
| f | f | f | f | ||||
| Income and endowments | from: | ||||||
| Donations and legacies |
|||||||
| Donations and Contributions individuals and organisations |
from | 547,705 | 548,105 | 340,671 | |||
| Gift Aid recovered | 27,889 | 27,889 | 12,885 | ||||
| Legacies and bequests | 25,895 | 25,895 | |||||
| 601,489 | 601,889 | 353,556 | |||||
| Charitable activities |
|||||||
| Events income | 9,863 | 9,863 | 32,869 | ||||
| Grant income | 155,969 | 155,969 | 315,560 | ||||
| 9,863 | 155,969 | 165,832 | 348,429 | ||||
| Other trading activities |
|||||||
| Sales ofgoods and | Services | 5,269 | 5,269 | 1,294 | |||
| Courses income | 16,229 | 16,229 | |||||
| 21,498 | 21,498 | 1,294 | |||||
| Investments | |||||||
| Interest receivable deposits |
from bank | 4,239 | 4,239 | 90 | |||
| 4,239 | 4,239 | 90 | |||||
| Other | |||||||
| Sponsored subscriptions/Charities |
180 | 180 | 561 | ||||
| Trust income | |||||||
| 180 | 180 | 561 | |||||
| Total income and endowments | 637,269 | 156,369 | 793,638 | 703,930 | |||
| Expenditure on: |
|||||||
| Governance costs |
|||||||
| Independent Examiners |
fees | 350 | 350 | 324 | |||
| 350 | 350 | 324 | |||||
| Total ofexpenditure | on | charitable | 350 | 350 | 324 | ||
| activities | |||||||
| Other expenditure | |||||||
| Other Expenditure | 51,209 | ||||||
| Project Expenditure | 357,139 | 137,779 | 494,918 | 617,962 | |||
| 357,139 | 137,779 | 494,918 | 669,171 | ||||
| Total ofexpenditure | of | other | costs | 357,139 | 137,779 | 494,918 | 669,171 |
| Total expenditure | 357,489 | 137,779 | 495,268 | 669,495 | |||
| Net gains on investments |
| Net income | 279,780 | 18,590 | 298,370 | 34,435 | |
|---|---|---|---|---|---|
| Net income before gains/(losses) |
other | 279,780 | 18,590 | 298,370 | 34,435 |
| Other Gains | |||||
| Net movement in funds |
279,780 | 18,590 | 298,370 | 34,435 | |
| Reconciliation offunds: |
|||||
| Total funds brought | forward | 201,986 | 60,943 | 262,929 | 228,494 |
| Total funds carried | forward | 481,766 | 79,533 | 561,299 | 262,929 |