## |||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|3| |Report ofthe Independent
Auditors|4|to|6| |Statement ofFinancial Activities|||| |Balance Sheet|||| |Cash Flow Statement|||| |Notes tothe Cash Flow Statement||10|| |Notes tothe Financial Statements|11|to|16| |Detailed Statement ofFinancial Activities|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||5.4.23|5.4.22| |---|---|---|---|---| ||||Unrestricted|Tota
I| ||||fund|funds| |||Notes|f|E| |INCOME AND ENDOWMENTS|FROM|||| |Donations
and legacies|||528,000|406,000| |Investment
income|||10,679|40,549| |Total|||538,679|446,549| |EXPENDITURE ON||||| |Charitable
activities||||| |Rehef ofpoverty
Medical Aid
Training and education|||129,060
45,500
65,822|131,652
43,000
99,660| |Other|||4,909|2,553| |Total|||245,291|276,865| |Net gains/(losses)
on investments|||192,892|(301,514)| |NET INCOME/(EXPENDITURE)|||486,280|(131,830)| |RECONCILIATION
OF FUNDS||||| |Total funds brought forward|||4,670,275|4,802,105| |TOTAL FUNDS CARRIED FORWARD|||5,156,555|4,670,275| ## |||||||5.4.23|5.4.22| |---|---|---|---|---|---|---|---| |||||||Unrestricted|Total| |||||||fund|funds| |||||Notes||E|E| |FIXEDASSETS|||||||| |hlwistlvtents||||10||4,293jl36|4,096,869| |CURREFIT ASSETS|||||||| |Debtors|||||||976| |Cash at bank||||||886,119|5TS,448| ||||||||576rt24| |CREDITORS|||||||| |Amounts
falling due wllhin one|||year|12||(23,000)|f32118)| |||||||863,119|573.406| |TOTAL ASSETSlESSCURREfeT LIAEILfTIES||||||5,156,555|4,670375| |||||||5356555|4670275| |FUFR25||||13|||| |Unrestricted|funds|||||5.156,555|4,670375| |The financial|statemems|were|approved|hy the Board of Trustees|and authorised|5.156,555
4.670/75
fm Issue cn. ..¹.
.„O'...W.......
and|| |were signed|on its behalf|bic|||||| ## |||||5.4.23|5.4.22| |---|---|---|---|---|---| ||||Notes||6| |Cash flows from operating|activities||||| |Cash generated
from operations||||(101,758)|555,532| |Net cash (used in)/provided|by operating||activities|(101,758)|555,532| |Cash flows from investing|activities||||| |Purchase ofAxed asset investments
SaleofAxed asset investments
Interest received
Dividends
received||||66,603
335,148
7,004
3,674|(1,944,482)
1,473,993
57
40,492| |Net cash provided
by/(used|in) Investing||activities|412,429|(429,940)| |Change
In cash and cash equivalents||in the|||| |reporting
period
Cash and cash equivalents|at the beginning of|||310,671|125,592| |the reporting
period||||575,448|449,856| |Cash and cash equivalents|at the end|of|the||| |reporting
period||||886,119|575,448| ## |RECONCIUATION|OF NET INCOME/(EXPENDITURE)|OF NET INCOME/(EXPENDITURE)|OF NET INCOME/(EXPENDITURE)|OF NET INCOME/(EXPENDITURE)|TO NET CASH FLOW FROM OPERATING|TO NET CASH FLOW FROM OPERATING|ACllVmES|| |---|---|---|---|---|---|---|---|---| ||||||||5.4.23|5.4.22| ||||||||E|6| |Net income/(expenditure)|||forthe reporting|period|(as per the Statement of|||| |Financial Activities)|||||||486,280|(131,830)| |Adjustments
for:||||||||| |(Gain)/losses
on Investments|||||||(598,318)|301,514| |Interest received|||||||(7,004)|(57)| |Dividends
received|||||||(3,674)|(40,492)| |Profit/(Loss)
on sale||ofinvestments||||||429,997| |Decrease in debtors|||||||976|| |Increase/(decrease)||in creditors|||||19,982|(3,600)| |Net cash (used in)/provided|||by operations||||(101,758)|555,532| |ANALYSIS OF CHANGES IN NET FUNDS||||||||| ||||||At|6.4.22|Cash flow|At 5.4.23| |||||||f|f|f| |Net cash||||||||| |Cash at bank||||||575,448|310,671|886,119| |||||||575,448|310,671|886,119| |Total||||||575,448|310,671|886,119| ## ## ## ## ## ## ## ## ## |forth|e Year Ended 5 A
ril 2023|e Year Ended 5 A
ril 2023|||| |---|---|---|---|---|---| |3.|INVESTMENT INCOME||||| |||||5.4.23|5.4.22| |||||E|f| ||Other fixed assetlnvest-||Fll|3,674|40,492| ||Deposit|account interest||7,005|57| |||||10,679|| |4.|CHARITABLE ACTIVITIES||COSTS||| ||||||Grant| ||||||funding of| ||||||activities| ||||||(see note| ||||||5)| ||||||E| ||Relief of|poverty|||129,060| ||Medical|Aid|||45,500| ||Training|and education|||65,822| ||||||240,382| |5.|GRAMS|PAYABLE|||| |||||5.4.23|5.4.22| |||||E|E| ||Relief of|poverty||129,060|131,652| ||Medical|Aid||45,500|43,000| ||Training|and education||65,822|99,660| |||||240,382|274,312| |||||Governance|| |---|---|---|---|---|---| ||||Finance|costs|Totals| ||||E|E|f| |Other|resources|expended|1,309|3,600|4,909| ## ## ## ## ## |COMPARATIVES|FOR THE STA|TEMENT OF FINANCIAL ACTIVITIES|| |---|---|---|---| ||||Unrestricted| ||||fund| ||||6| |INCOME AND ENDOWMENTS||FROM|| |Donations
and legacies|||406,000| |Investment
income|||40,549| |Total|||446,549| |EXPENDITURE ON|||| |Charitable
activities|||| |Relief ofpoverty
Medical Aid
Training and education|||131,652
43,000
99,660| |Other|||2,553| |Total|||276,865| |Net gains/(losses)|on investments||(301,514)| |NET INCOME/(EXPENDITURE)|||(131,830)| |RECONCILIATION|OF FUNDS||| |Total funds brought forward|||4,802,105| |TOTAL FUNDS CARRIED FORWARD|||4,670,275| |FIXEDASSETINVESTMENTS|||| ||||Listed| ||||investments| ||||6| |MARKET VALUE|||| |At 6April 2022|||4,096,869| |Additions|||126,289| |Disposals
Revaluations|||(142,256)
212,534| |At 5 April 2023|||4,293,436| |NET BOOK VALUE|||| |At 5 April 2023|||4,293,436| |At 5 April 2022|||4,096,869| ## ## ## |||||||||Listed| |---|---|---|---|---|---|---|---|---| |||||||||investments| |||||||||E| |Valuation
in
Valuation
in
Valuation
in|2021
2022
2023|||||||(76,131)
(731,511)
212,534| |Cost||||||||4,888,544| |||||||||4,293,436| |DEBTORS:AMOUNTS|||FALUNG DUE WITHIN ONE YEAR|||||| ||||||||5.4.23|5.4.22| ||||||||f|6| |Other debtors||||||||976| |CREDITORS:|AMOUNTS|||FALUNG|DUE WITHIN ONE YEAR|||| ||||||||5.4.23|5.4.22| ||||||||6|E| |Other creditors|||||||20,000|618| |Accrued expenses|||||||3,000|2,400| ||||||||23,000|3,018| |MOVEMENT|IN|FUNDS||||||| ||||||||Net|| ||||||||movement|At| |||||||At 6.4.22|in funds|5.4.23| |||||||6|6|6| |Unrestricted|funds|||||||| |General fund||||||4,670,275|486,280|5,156,555| |TOTAL FUNDS||||||4,670,275|486,280|5,156,555| |Net movement||in funds,||included|in the above are as follows:|||| ||||||Incoming|Resources|Gains and|Movement| ||||||resources|expended|losses|in funds| ||||||6|E|6|6| |Unrestricted|funds|||||||| |General fund|||||538,679|(245,291)|192,892|486,280| |TOTAL FUNDS|||||538,679|(245,291)|192,892|486,280| ## ||||Net|| |---|---|---|---|---| ||||movement|At| |||At 6.4.21|in funds|5.4.22| |||E|E|E| |Unrestricted|funds|||| |General fund||4,802,105|(131,830)|4,670,275| |TOTALFUNDS||4,802,105|(131,830)|4,670,275| |||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---| |||resources|expended|losses|in funds| |||E|E|E|E| |Unrestricted|funds||||| |General fund||446,549|(276,865)|(301,514)|(131,830)| |TOTAL FUNDS||446,549|(276,865)|(301,514)|(131,830)| ||||Net|| |---|---|---|---|---| ||||movement|At| |||At 6.4.21|In funds|5.4.23| |||E|E|E| |Unrestrkted|funds|||| |General fund||4,802,105|354,450|5,156,555| |TOTAL FUNDS||4,802,105|354,450|5,156,555| |||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---| |||resources|expended|losses|in funds| |||E|E|E|E| |Unrestricted|funds||||| |General fund||985,228|(522,156)|(108,622)|354,450| |TOTAL FUNDS||985,228|(522,156)|(108,622)|354,450| ## |De
8
StatementofF
ancialA
la)ties
forthe Year Ended 5
ril 2023||| |---|---|---| ||5.4.23|5.4.22| ||E|E| |INCOME AND ENDOWMENTS||| |Donations
and legades||| |Donations|528,000|406,000| |Investment
Income||| |Other fixed asset Invest - Fll|3,674|40,492| |Deposit account interest|7,005|57| ||10,679|40,549| |Total Incoming resources|538,679|446,549| |EXPENDITURE||| |Charitable
activities||| |Grants to institutions|240,382|274,312| |Support costs||| |Finance||| |Sundries|976|| |Bank charges|333|153| ||1,309|153| |Governance
costs||| |Auditors'
remuneration||2,400| |Total resources expended|245,291|276,865| |Net Income before gains and losses|293,388|169,684| |Realised recognIsed
gains and losses||| |Reahsed gains/(losses)
on fixed asset investments|192,892|(301,514)| |Net income/(expenditure)|486,280|(131,830)|