2022-03-31-accounts - Quartet Community Foundation

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Contents
				Pages
Reference and Administrative		Details
Trustee's Report
Independent Auditors'	Report			17
Statement of Financial	Activities			22
Balance Sheet				23
Summary Income and	Expenditure		Account	24
Statement ofCash Flows
Notes to the Financial	Statements			26

Reference and	Reference and	administrative details
Company	number	3981052
Charity number		1080418
Status		the Charity isregistered as an Environmental	Body- number 689972
		the Charity isregistered for VAT —number 752791703
Registered	office	Royal Oak House
and operational		Royal Oak Avenue
address		Bristol
		BS14GB
Trustees		Trustees, who are also Directors under company		law,	who served
		during the year and up tothe date ofthis report		were	asfollows:
		Sue Mountstevens OBE,Chair ofTrustees
		Nick Lee, Deputy Chair ofTrustees
		Sue Blatchford, Chair Finance &Investment	Committee
		Oliver Delany OBE(joined Dec21), Chair Governance,			HR &Operations
		Committee (from Feb 22)
		Annie Kilvington, Chair Philanthropy &Marketing		Committee
		Ben Silvey, Chair Programmes Committee
		Jonathon Baker
		Matthew Lee(joined Dec 21)
		Chris Johnson
		Raj Kakar-Clayton
		Pat Meehan (stepped down Sept 21)
		Junior Sheikh (joined Dec 21)
		Julian Telling (stepped down Sept 21)
		JoTurner
Patrons		The Lord-Lieutenant ofthe City and County	ofBristol,		Peaches Golding
		OBE
		The Lord-Lieutenant ofSomerset, Annie Maw
President		Trevor Smallwood OBEDL

Vice Presidents	Will Bee
	Gillian Camm DL
	Chris Curling
	Geoff Matthews
	Mary Prior CVO MBE
	Professor Murray	Stewart
	SirJames Tidmarsh		KCVO MBEJP
	Lady Paula Wills
Principal Officers	Suzanne Rolt, Chief		Executive
	Ronnie Brown, Philanthropy			Director
	Sarah Crispin, Head		ofFinance
	Diane Kent, Head	ofOperations
Bankers	Bank ofScotland
	Glass House, Cabot		Circus
	Bristol. BSl3BX
Investment	Rathbones
managers	8Finsbury Circus
	London, EC2N 7AZ
	CCLA
	80Cheapside
	London, EC2V6DZ
Legal advisors	Osborne Clarke
	2Temple BackEast
	Temple Quay
	Bristol, BSl6EG
	Veale Wasbrough	Vizards
	Narrow Quay House
	Narrow Quay
	Bristol, BS14QA
Independent	Bishop Fleming
Auditors	10Temple Back
	Bristol, BSl6FL

				Unrestricted	Restricted
				revenue	revenue	Endowment
				funds	funds	funds	2022 Total	2021 Total
			Note	E	E	E	E	E
Income and endowments	from:
Donations and legacies
Donations and gifts				916,951	3,886,108	1,638,395	6,441,454	16,668,603
Gifts in kind				4,000			4,000	1,000
Other trading activities
Consultancy and other		income		21,921			21,921	19,882
Investments
Investment properties				4,531	43,019	46,771	94,321	88,359
Investment income				8,846	185,954		194,800	128,771
Total income and endowments				956,249	4,115,081	1,685,166	6,756,496	16,906,615
Expenditure on:
Raising funds
Communications and publicity				133,812			133,812	92,028
Consultancy				22,340			22,340	18,391
Community Leadership				22,339			22,339	45,026
Philanthropy services				184,905			184,905	100,876
Employer Engagement		Project		57,032			57,032	21,990
Fund development				57,839			57,839	18,887
Investment management		costs		10,157		135,638	145,795	120,330
Investment properties				16,372	18,322		34,694	31,837
Charitable activities
Draw-downs						409,248	409,248	30,000
Grants payable					4,848,905		4,848,905	5,199,824
Support costs ofgrants
programme				431,236	302,946		734,182	800,290
Total expenditure			7	936,032	5,170,173	544,886	6,651,091	6,479,479
Net (expenditure) Iincome
before gains and losses				20,217	(1,055,092)	1,140,280	105,405	10,427,136
Net gains on investments			13,14	21,302	1,529,171	2,348,937	3,899,410	9,050,796
Net income				41,519	474,079	3,489,217	4,004,815	19,477,932
Transfers between funds			23		92,560	~92,560
Net movement. in funds				41,519	566,639	3,396,657	4,004,815	19,477,932
Reconciliation offunds:
Total funds brought forward				999,640	4,663,851	56,612,099	62,275,590	42,797,659
Total funds carried forward				1,041,159	5,230,490	60,008,756	66,280,405	62,275,591

					2022	2021
			Note
Fixed assets
Tangible fixed assets			12		179,398	184,597
Investments
Property			13		664,000	752,000
Other			14		57,&40,710	54,887,958
					58,6&4,108	55,824,555
Current assets
Debtors			15	1,255,863		754,737
Cash at bank and		in hand		7,279,738		6,675,763
				8,535,601		7,430,500
Liabilities
Creditors: amounts		falling due within	16	(939,304)		(959,464)
Net current assets					7,596,297	6,471,036
Net assets			18		66,280,405	62,295,591
Funds
Capital funds
Endowment	funds		24		60,008,756	56,612,099
Revenue funds			25
Restricted funds					5,230,490	4,663,852
Unrestricted	funds				1,041,159	999,640
Total charity funds					66,280,405	62,275,591

		All income	All income
		funds 2022	funds 2021
Income from:
Donations and legacies
Donations and gifts		4,803,059	6,424,495
Gifts in kind		4,000	1,000
Other trading activities
Consultancy and other	income	21,921	19,882
Investments
Investment properties		47,550	84,292
Investment income		194,800	128,771
Gains on investments		1,550,473	1,240,249
Gross income in the financial year		6,621,803	7,898,689
Expenditure on:
Raising funds
Communications and publicity		133,812	92,028
Consultancy		22,340	18,391
Community Leadership	—New	22,339	45,026
Donor services		184,905	100,876
Employer Engagement	Project - New	57,032	21,990
Fund development		57,839	18,887
Investment management	costs	10,157	3,459
Investment properties		34,694	31,837
Charitable activities
Grants payable		4,848,905	5,199,824
Support costs ofgrants
programme		734,182	800,290
Gross expenditure in the financial year		6,106,205	6,332,608
Net income /(expenditure)	before tax for the financial year	515,598	1,566,081
Tax payable
Net income I(expenditure)	for the financial year	515,598	1,566,081

					2022	2021
				Note	F	E
Cash generated by operating activities:
Net cash	generated by operating activities			23	(727,833)	10,843,670
Cash flows from investing activities:
Dividends,	interest and rents from investments				289,121	217,130
Purchase	oftangible fixed assets				(16,183)	(29,317)
Proceeds	from the sale of investments				6,380,991	5,527,509
Cash movement on investments					310,697	(51,751)
Purchase	ofinvestments				(5,652,818)	(20,127,897)
Net cash	used by investing activities				1,311,808	(14,464,326)
Increase	in cash and cash equivalents	in	the year		583,975	(3,620,656)
Cash and	cash equivalents at the beginning		ofthe year		6,675,763	10,296,419
Cash and	cash equivalents at the end of		the year		7,259,738	6,675,763

Prior year comparatives
				Unrestricted	Restricted
				revenue	revenue	Endowment
				funds	funds	funds	2021 Total
					F		E
Income and endowments	from:
Donations and legacies
Donations and gifts				1,367,305	5,057,190	10,244,108	16,668,603
Gifts in kind				1,000			1,000
Other trading activities
Consultancy and other		income		19,882			19,882
Investments
Investment properties				41,747	42,545	4,067	88,359
Investment income				(71,693)	200,464		128,771
Total income and endowments				1,358,241	5,300,199	10,248,175	16,906,615
Expenditure on:
Raising funds
Communications and	publicity			92,028			92,028
Consultancy				18,391			18,391
Community Leadership		-	New	45,026			45,026
Donor services				100,876			100,876
Employer Engagement		Project - New		21,990			21,990
Fund development				18,887			18,887
Investment management			costs	3,459		116,871	120,330
Investment properties				31,837			31,837
Charitable activities
Grants payable					5,199,824		5,199,824
Draw-downs						30,000	30,000
Support costs ofgrants		programme		512,321	287,969		800,290
Total expenditure				844,815	5,487,793	146,871	6,479,479
Net (expenditure) I income		before gains
and losses				513,426	(187,594)	10,101,304	10,427,136
Net gains on investments				17,836	1,222,413	7,810,547	9,050,796
Net income				531,262	1,034,819	17,911,851	19,477,932
Transfers between funds				(841,044)	856,863	(15,819)
Net movement in funds				(309,782)	1,891,682	17,896,032	19,477,932

Material donation	s fr	om in	st	itution	s (gre	ater th	an 5%ofthe total)	have been received from:
								2022	2021
								Total	Total
								E	F
Bank of Ireland								45,539	6,049,069
Bristol Community Health			Fund						562,500
North Somerset	Community			Partnership		Endowment		3,750,000	3,750,000
North Somerset	Community			Partnership		Endowment		250,000
Osborne Clarke								274,000	100,000
National Lottery	Community								264,500
Pople Charitable	Trust Revenue				Fund			76,000	122,000
Thrings Solicitors Fund								27,963	133,326
Mohn Westlake	Foundation								200,000
Wesleyan Foundation									49,500
Wessex Water								223,638	1,078,905
The charity received		the following			government		grants:
								2022	2021
								Total	Total
								F
Bristol City Council BSBT								2,112,500	200,000
CJRS									3,614
National Emergency		Trust							280,973
DCMS								~~00	174900 659467

															2022
								Unrestricted		Restricted		Endowment			Total
															f.
Income
Tenants' contributions			to future		maintenance
and repairs											1,000				1,000
investment	income								4,531		42,019		46,771		93,321
									4,531		43,019		46,771		94,321
Expenditure
Depreciation	offixtures and			fittings					11,362						11,362
Running costs									23,332						23,332
									34,694						34,694
Net income									(30,163)		43,019		46,771		59,627
During the year, sundry costs					were	incurred		in respect of the		maintenance		of the	buildings.	In 1999,the
trustees obtained		Charity		Commission			approval		to a loan	of	F122,000 from		Quartet's	permanent
endowment	fund	to	complete		the	refurbishment			of Royal	Oak	House.	This	is to be	repaid	in 30
instalments	with the final instalment					due	in October		2032.
															2021
Prior period comparative:								Unrestricted		Restricted		Endowment			Total
											E
Income
Tenants' contributions			to future		maintenance
and repairs											1,000				1,000
Investment	income								41,747		41,545		4,067		87,359
									41,747		42,545		4,067		88,359
Expenditure
Depreciation	offixtures and			fittings					12,375						12,375
Running costs									19,462						19,462
									31,837						31,837
Net income									9,910		42,545		4,067		56,522

Investment inc	ome
							2022
			Unrestricted	Restricted	Endowment		Total
						F	F
Allocation of investment		income from
endowment				(185,954)			(185,954)
Interest on current accounts			8,846				8,846
Total investment	income		8,846	(185,954)			(177,108)

Quartet takes 4.5%total	return from capita	l gain and reinvest t	he dividend ea	rned into th	e inv	estment.
						2021
Prior period comparative:		Unrestricted	Restricted f	Endowment	F	Total F
Allocation of investment	income from
endowment		(90,074)	200,464			110,390
Interest on current accounts		18,381				18,381
Total investment income		(71,693)	200,464			128,771

Analysis oftotal exp	en	ditu	re
					Activities	Grant	Support 5
					undertaken	funding of	governance	2022
Costs by charitable	activity				directly	activiTies	costs	Total
					2		6
Communications and	publidty				22,999		110,813	133,812
Consultancy							22,340	22,340
Civic Influence/Community			Leadership				22,339	22,339
Philanthropy services							184,905	184,905
Draw-downs					409,248			409,248
City Funds							57,032	57,032
Fund development					3,000		54,839	57,839
Grants payable						4,848,905		4,848,905
Investment management		costs			135,640		10,155	145,795
Investment properties governance					23,332		11,362	34,694
Support costs ofgrants		programme				302,947	431,235	734,162
Total resources expended					594,219	5,151,852	905,020	6,651,091
Allocation ofsupport		and		Basis of		Property	Office	Other			2022
costs by activity				allocation	Staff costs 8	costs 6	costs	costs f	Depreciation 6	Governance 6	Total 6
Communications and	publicity			12.40%	84,900	5,828	9,276	5,899	1,242	3,668	110,813
Consultancy				2.50%	17,117	1,175	1,870	1,189	250	739	22,340
Civic Influence (Community			Leadershi	2.50'k	17,117	1,175	1,870	1,187	250	740	22,339
Philanthropy services				20.69'k	141,666	9,725	15,478	9,843	2,073	6,120	184,905
Draw-downs				Speclc
Fund development				6.14%	42,014	2,883	4,591	2,920	616	1,815	54,839
Grants payable				Specific
Investment management		costs		1.14%	7,780	534	850		114	336	10,155
Investment properties				Specific					11,362		11,362
City Funds				6.38%	43,695	3,000	4,774	3,036	639	1,888	57,032
Support costs ofgrants		programme		48.25ok	330,389	22,682	36,098	22,957	4,836	14,273	431,235
Total					684,678	47,002	74,807	47,572	21,382	29,579	905,020

Fo	r the ear ended 31 March 202	r the ear ended 31 March 202	r the ear ended 31 March 202	2	2
7.	Analysis oftotal expenditure			(prior period comparative)
					Activities	Grant		Support &
					undertaken	funding	of	governance	2021Tote
	Costs by charitable	activity			directlyf	activities 6		costs 6	I
	Communications and	publicity			15,592			76,436	92,028
	Consultancy							18,391	18,391
	Community Leadership-		New					45,026	45,026
	Philanthropy services							100,876	100,876
	Draw-downs				30,000				30,000
	Employer Engagement		Project	- New	1,139			20,851	21,990
	Fund development							18,887	18,887
	Grants payable					5,199,824			5,199,824
	Investment management		costs		116,871			3,459	120,330
	Investment properties				19,462			12,375	31,837
	Support costs ofgrants		programme			287,969		512,321	800,290
	Total resources expended				183,064	5,487,793		808,622	6,479,479

This is st	ated after char	ging:
			2022	2021
			F
Depreciation			21,382	21,295
Operating	lease rentals	—plant and machinery	5,003	5,970
Trustees'	remuneration		Nil	Nil
Trustees'	reimbursed expenses		Nil	Nil
Auditors'	remuneration:
	~ Statutory audit		12,750	12,750
	~ Other services		1,000	Nil

Staff costs w	ere	as follows:
			2022	2021
			E	F
Salaries and	wages		593,743	517,368
Social security costs			54,538	39,918
Pension costs			24,026	19,274
HSF Health	Plan		846	692
Total employment		costs	673,153	577,252
Consultants	and	secondees	11,525	15,976
			684,678	593,228

The amount	payable	in the year comprises:
			Unrestricted	Restricted	Endowment
			funds	funds	funds	2022 Total
				F
Foundation	grants:
Quartet's grants programme				4,001,264		4 001 284
Sub-total				4,001,264		4,001,264
Donor directed grants Lapsed and returned		grants		1,005,026 ~157,385		1,005,026 ~157385
Total grants	payable			4 848 905		4848905
Prior period	comparative:		Unrestricted	Restricted	Endowment	2021 Total
			E
Foundation	grants:
Quartet's grants programme				4,850,849		4,850,849
Special advised
Sub-total				4,850,849		4,850,849
Donor directed grants Lapsed and returned		grants		396,508 ~47,534		396,508 ~47,534
Total grants	payable			5 199823		5 199823

Tangible fixed assets
		Royal Oak
		House	Fixtures,
	Freehold	fixtures 8	fittings 8
	property	fittinqs	equipment	Total
			F	E
Cost
At 1 April 2021	158,020	174,433	102,382	434,835
Additions in year		6,164	10,019	16,183
At 31 March 2022	158020	180597	112401	451 018
Accumulated Depreciation
At 1 April 2021	12,291	149,463	88,484	250,238
Charge for the year	3,157	11,362	6,863	21,382
At 31 March 2022	'15448	160825	95347	271 620
Net book value
At 31 March 2022	'142 572	19771	17054	179398
At 31 March 2021	145729	24 969	13898	184597

				2022	2021
				f.
Market value at 1 April		2021		752,000	837,620
Transfers					(65,620)
Unrealised	investment	gain	/ (loss)	(88,000)	(20,000)
Market value at 31 March 2022				664,000	752,000
Cost at 31	March 2022			847,691	847,691

14.	Other investments
						2022	2021
						F.	F
	Quoted investments:
	Market value at 1 April 2021					54,887,958	31,160,084
	Acquisitions at cost					5,652,818	20,127,897
	Gift ofshares					44,213	24,939
	Disposals proceeds					(6,380,991)	(5,527,509)
	Cash movements					(310,697)	51,751
	Net gain/(loss) in the year					3,947,409	9,050,796
	Market value at.31 March			2022		57,840,710	54,887,958
	Cost at 31 March 2022					47,351,681	46,131,763
	Analysis by geographical			sector:
	Investment assets	in the UK				27,738,362	20,178,826
	Investment assets	outside the UK				30,102,348	34,709,132
						57,840,710	54,887,958
15.	Debtors
						2022	2021
						F	E
	Gift aid receivable					202,712	12,659
	Other debtors and prepayments					1,053,150	742,078
						1,255,862	754,737
16.	Creditors: amounts		falling within		1 year
						2022	2021
						F	E
	Trade creditors					44,934	30,155
	Taxation and social	security				15,415	13,571
	Other creditors					59,871	62,104
	Accruals and deferred		income			72,726	107,899
	Grants payable					746,358	765,735
						939,304	979,464

Deferred inc	ome
						2022	2021
						f.
At 1 April 2021						17,795	19,816
Deferred during the year						15,416	17,795
Released during the year						(17,795)	(19,816)
At 31 March	2022					15,416	17,795
Deferred income relates to			Royal Oak House	rent demanded	in advance.
Analysis of	net assets between funds
					Permanent	Expendable
			Unrestricted	Restricted	endowment	endowment
			fundsf	funds E	funds E	funds f.	Total funds F
Fixed assets			36,826		142,572		179,398
Investments	- property		68,006		595,994		664,000
Investments	-other				7,321,621	50,519,089	57,840,710
Debtors			142,173	835,687		278,000	1,255,860
Cash at bank and Creditors		in hand	987,100 ~(245, 114	5,141,158 ~746,356		1,151,480	7,279,738 ~99'l,472)
Net assets at 31		March
2022			988,991	5,230,487	8,060,187	51,948,569	66,228,234
					Permanent	Expendable
			Unrestricted	Restricted	endowment	endowment
Prior year comparatives			funds	funds	funds	funds	Total funds
					E		F
Fixed assets			41,919		142,678		184,597
Investments	- property		68,112		683,888		752,000
Investments	-other				6,534,780	48,353,178	54,887,958
Debtors			140,501	4,216		610,020	754,737
Cash at bank and Creditors		in hand	962,838 ~213,730)	5,425,370 ~765,734)		287,555	6,675,763 ~979464,
Net assets at.31		March
2021			999,640	4,663,852	7,361,346	49,250,753	62,275,591

Reconciliation of ne	t movement	in funds to net. cash fl	ow from operating activities
			2022	2021
Net movement in funds			4,004,815	19,477,932
Adjustments for:
Depreciation charges			21,382	21,295
Gift ofshares			(44,213)	(24,939)
Gains on investments			(3,899,410)	(9,030,796)
Dividends, interest and rents from		investments	(289,121)	(217,130)
Decrease / (increase) Decrease / (increase)	in debtors in creditors		(501,126) ~20,160	169,258 448,050
Net cash generated	by operating	activities	(727,833)	10,843,670

Endowment funds
									(Losses) i	Transfers
					At1 April	Net movement in			gains on	between	At31 March
					2021			funds	investments	funds		2022
									f
Permanent endowment
Unrestricted endowment			funds
Discretionary (a)					1,145,583			(2,465)	43,789	17,479		1,204,386
Restricted endowment		funds
Field ofinterest (b)					1,748,958			(4,822)	66,871			1,811,007
Donor directed (c)					1,761,085			19,805	68,028	480,766		2,329,684
Foundation (d)					1,879,154			26,677	70,713	-		1,976,544
Total permanent endowment					6534780			39195	249401	498245		7321 621
Expendable endowment			funds
Unrestricted endowment			funds
Discretionary (e)					1,210,135			82,713	47,507	(17,479)		1,322,876
Restricted endowment		funds
Field of interest (f)					28,948,389		530,579		1,106,337	(12,559)	30,572,746
Donor directed (g) Grassroots Endowment					6,426,616		446,370		242,766	(80,000)		7,035,752
Challenge (h)					3,863,548			101,996	151,494	(720,939)		3,396,099
Community First Programme				(i)	6,804,539		(349,247)		598,475			7,053,767
Foundation (j)					1,397,526		610,674		40,957	240,172		2,289,329
Royal Oak House (k)					826,566				(88,000)			738,566
Legacy Provision					600,000		322,000					278,000
Total expendable	endowment
funds					50,077,319		1,101,085		2,099,536	(590,805)	52,687,135
Total endowment	funds				56 612099		1 140 2&0		2348 937~92560		60008756
Named endowment	funds		are	at the heart of Quartet's			work. These		funds are invested to maintain			their real
value and generate	income which				is spent in accordance			with the	donors' wishes.	Grants are	made in the
name ofthe donor	if required.			Quartet offers various types ofnamed					funds.

						2022	2021
	Number	offunds	Purpose offund
(e) Discretiona		20	Discretionary grant-making			1,322,876	1,210,135
(f) Field ofinterest		9	Education and training			2,187,165	1,811,343
		14	Environment			745,687	649,183
		3	Homelessness			107,187	102,933
		1	Safer community	environments		56,893	54,945
		8	North Somerset			9,481,049	8,917,293
		11	Bath & North East Somerset			572,297	542,428
		3	Elderly people			1,032,084	997,038
		23	Young people			3,296,723	3,050,189
		18	Other field of interest			13,093,661	12,823,037
(f) Field ofinterest		90				30,572,746	28,948,389
(g) Donor directed		26	Donor directed			7,035,752	6,426,616
(h) Grassroots	Challenge	49	Small/local volunta		groups	3,396,099	3,863,548
(i) Community Pro ramme	First	71	Small/local voluntary		groups	7,053,767	6,804,539
) Foundation			Quartet staffin 8	su	port costs	2,289,329	1,397,526
			Donor directed and Quartet
k Ro al Oak	House		staffin 8 su ort	costs		826,566	826,566
(I) Legacy Provision			Buston Legacy			278000	600,000

			Unrestricted	Restrictedf	Total F
Balance at 1 April 2021			999,640	4,663,851	5,663,491
Net movement in funds			20,217	(1,055,092)	(1,034,875)
Realised and unrealised	investment	gains	21,302	1,529,171	1,550,473
Transfers				92,560	92,560
Balance at 31 March 2022			1,041,159	5,230,490	6,271,649

								Gains /	Transfers	At 31
						At 1 April	Net movement in	losses on	between	March
						2021	funds	investments	funds	2022
							f	F
Unrestricted	income		funds
Staffing and	support	costs				999,640	20,217	21,302		1,041,159
Total unrestricted		income		funds		999,640	20,217	21,302		1,041,159
								Gains /	Transfers	At 31
						At 1 April	Net movement in	losses on	between	March
						2021	funds F	investments f	funds	2022f
Restricted	income	funds
Discretionary	(a)					736,845	(470,646)	85,679	132,820	484,698
Donor directed (b)						1,083,563	(636,544)	168,188	(115,902)	499,305
Field ofinterest (c)						2,177,126	182,630	1,075,530	177,307	3,612,593
Foundation Grassroots	(j) Endowment		(h)			171,796	(97,353) (111,348)	97,353 102,421	(1,305)	161,564
Community	First Programme				(i)	461,027	60,056		(100,360)	420,723
Royal Oak House maintenance						33,494	(1,887)			31,607
Revenue Legacy provision				(k)			20,000			20,000
Total restricted revenue funds						4,663,851			92,560	5,230,490
Total revenue funds

									2022	2021
				Number offunds		Purpose offund				E
	a	Discretiona			45	Discretiona	grant-making		484,697	736,846
	(b)	Donor directed			46	Donor directed			499,304	1,083,563
25.	Revenue funds (continued)
	(c)	Field of interest			39	Young people			254,227	407,333
					21	Education			67,600	70,678
					15	Bristol			368,768	919,125
					8	North Somerset			104,892	92,060
					3	Sport			5,454	13,233
					7	Homelessness			66,627	111,827
					12	Bath 8 North	East Somerset		122,388	21,729
					17	Environment			51,124	47,992
					4	Disability			20,326	32,963
					10	Elderly people			239,629	104,298
					30	Other field of	interest		2,311,559	355,887
	(c)	Field ofinterest			166				3,612,594	2,177,125
	(h) Grassroots Endowment Challen			e		Small & local	voluntary	groups	161,563	171,796
									2022	2021
				Number	offunds	Purpose offund				F
	(i) Community Pro ramme		First		19	Small 8 local	voluntary	groups	420,724	461,027
	(k) Revenue Provision		Legacy			Hicknmott Legacy			20,000

	The total number and value ofgrants payable,	The total number and value ofgrants payable,	The total number and value ofgrants payable,	The total number and value ofgrants payable,	The total number and value ofgrants payable,	The total number and value ofgrants payable,	analysed	analysed	by grant	beneficiary,	is as follows:
											2022	2021
	Payable to institutions							Number
	Disadvantaged communitiesNulnerable				Groups				53		259,394	411,476
	Children and young people								263		1,242,553	1,217,631
	Families								46		207,409	249,106
	People with disabilities	/ health		difficulties					154		713,561	791,200
	People in poverty / on	low incomes							106		674,277	605,169
	Minority communities								56		438,526	566,951
	Older people								66		256,121	367,665
	Other								9		12,674	7,650
	Community								135		1,044,390	982,975
									886		4,848,905	5,199,823
27.	Financial instruments
											2022	2021
	Financial assets that are debt		instruments			measured		at amortised		cost
	comprise the following:
	Gift aid receivable										202,712	12,659
	Other debtors and prepayments										1,053,150	742,078
	Total										1,255,862	754,737
	Financial liabilities measured		at amortised			cost	comprise the following;
	Trade creditors										44,934	30,155
	Taxation and social security										15,415	13,571
	Other creditors										59,871	62,104
	Accruals and deferred	income									72,726	107,899
	Grants payable										746,358	765,735
											939,304	' 979,464