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|||||~acaee|
|---|---|---|---|---|
|Report of the Directors|for the year ended 31|March 2023||1-6|
|Independent
Auditors'|Report to the trustees|and members|ofthe Anchor Foundation||
|Statement
of Financial|Activities||||
|Balance Sheet||||12|
|Notes to the Financial|Statements||||
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|Report ofthe Directors|Report ofthe Directors|for the year ended 31 March 2023|for the year ended 31 March 2023|||||||
|---|---|---|---|---|---|---|---|---|---|
|The Directors
of The Anchor||Foundation
have pleasure
in presenting||their annual||report||and the|audited|
|financial
statements|for the year ended 31 March 2023.
In preparing
this report the|||||Directors have complied||||
|with
the Companies|Act 2006, the Accounting
and
Reporting||by Charities||Statement||of|Recommended||
|Practice (SORP 2015)and applicable
accounting
standards.||||||||||
|Reference and administrative
information||||||||||
|Charity name:||The Anchor Foundation||||||||
|Charity number:||Scottish Charity Registration
No.|SC039258|||||||
|||England
and Wales Charity Registration||No. 1082485||||||
|Company
number:||04057661||||||||
|Company
Secretary:||Heather A McPherson||||||||
|Registered Office:||Mowbray
House, Castle Meadow|Road,|Nottingham,||NG2|1BJ|||
|Auditors:||Dickson Middleton,
20 Barnton Street, Stirling,|||FK8 1NE.|||||
|Bankers:||Bank of Scotland,
7/13 Port Street, Stirling.||||||||
|||Epworth
Investment
Management|Ltd, 9|Bonhill Street, London.||||||
|Investment
Manager:||Brewin
Dolphin
Limited,
Sixth|Floor,|Atria|One,|144||Morrison|Street|
|||Edinburgh,
EH3 8EX||||||||
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|eport ofthe Direct|ors for the ye|ar ended 31 March 2023 (continued)||
|---|---|---|---|
|Children
on the Edge||Feed the Poor programme||
|Across||Transporting
pilgrims
with complex needs to Lourdes||
|Sailors' Society||Staff costs in relation
to supporting
seafarers,
families 8
communities||
|Mosaic Middle East||Workshops
to support
Christian
refugees||
|Turning Tides||Towards salary costs of leader to provide
useful
life skills to
former/current
homeless||
|Central Tanganyika
Diocesan Trust
(CTDT)||Agricultural
trainers to develop subsistence
farming||
|Safe Families for Children||Support to struggling
families to prevent
children
going into||
|||care||
|Dyffryn
Clwyd
Mission|Area|Pilgrim art trail||
|Univida||Dance, music, arts 8 pastoral care for children
who have
experienced
trauma||
|Feel Good Community|Events|Healing
the Identity Groups for women
in sex industry,
vulnerable
students
8 black 8 Asian minority
groups||
|Strength 8 Stem Ltd.||Employability
8 self development
programme
for female
survivors
of modem
slavery||
|St.Catherine's
College|School|Setting up school garden
to grow staple foodstuffs
to feed
vulnerable
children
and their families||
|For the Love ofa Child||Dramatherapy
for Syrian refugee children||
|Flourish||Mentoring
for girls aged 11-18to improve
self esteem and||
|||mental
and emotional
wellbeing||
|Transforming
Lives for|Good|Emotional
Literacy curriculum
to support
disadvantaged
people excluded from mainstream
school|young|
|Bognor Regis Baptist Church||The Haven wellbeing
project||
|A Rocha UK||Programme
to restore threatened
habitats
&species||
|Wintershall
CIO||Passion ofJesus play on Good Friday 2023||
|The Hope Trust Oxford||Life skills manager
8 debt coach to support
debt centre
manager||
|Spitalfields
Crypt Trust||Staffing for art studio for people experiencing
homelessness/addiction||
##
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|Flying for Life||||Medical outreach
to isolated communities||
|---|---|---|---|---|---|
|Kintsugi
Hope||||Development
manager to expand Wellbeing
Groups||
|Chaiya Trust/Chaiya||Art Awards||Installation
&curation ofwinning
artwork
in exhibition|venue|
|British Youth for|Christ|||Production
costs of Christian
rap 8 gospel music videos aimed||
|||||at young people
in deprived
inner city areas||
|||||Equipping
local churches to share gospel with new audiences,||
|Truth be Told - Storytelling|||for Life|tackle isolation,
improve
wellbeing
and build intergenerational||
|||||communities
through
storytelling
8, song||
|Imago Dei Prison|Ministry|||Free to Becourses
in women's
prisons||
|The Junction 42|Foundation|||Stories of Hope - prison packs art materials||
|Family Support Work||||Family Support Practitioner
to support families at risk
isolation and disadvantage|of|
|ACT||||Back to Work project for ex-prisoners/homeless||
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|The Anchor Foundation|The Anchor Foundation|||||||
|---|---|---|---|---|---|---|---|
|STATEMENT of FINANCIAL||ACTIVITIES||||||
|forthe year to 31March 2023||||||||
||||||Note|2023|2022|
|INCOMING RESOURCES||||||||
|Incoming resources from|generated||funds|||||
|Investment
Income||||||234,495|205,314|
|Total incoming
Resources||||||234,495|205,314|
|RESOURCES EXPENDED||||||||
|Cost ofgenerating
funds||||||36,582|37,945|
|Charitable
activities||||||285,316|245,975|
|Governance
costs||||||3,150|3,675|
|Total Resources Expended||||||325,048|287,595|
|Net Outgoing
Resources before other recognised||||||||
|gains &losses||||||(90,553)|(82,281)|
|Gains &losses on disposal||and revaluation||of||||
|investment
assets:||||||||
|- Realised gain / (loss) on disposals||||||351,712|531,900|
|Net (Outgoing)/Incoming|Resources||for the|year||261,159|449,619|
|- Unrealised
(loss)/gain
on revaluation||||||(855,572)|(33,856)|
|Net Movement
in Funds||||||(594,413)|415,763|
|Funds brought
forward||||||9,080,673|8,664,910|
|Funds carried forward||||||8,486,260|9,080,673|
##
|ALANCE SHEET
s at 31 March 2023|||||
|---|---|---|---|---|
|||Note|2023|2022|
|FIXEDASSETS|||||
|Investments|||8,189,226|8,762,259|
|CURRENT ASSETS|||||
|Debtors|||373|306|
|Cash at bank and in|hand||301,692|323,189|
||||302,065|323,495|
|CURRENT LIABILITIES-|||||
|Creditors:
amounts|falling due within one year|10|(5,031)|5,081|
|NET CURRENT ASSETS|||297,034|318,414|
|NET ASSETS|||8,486,260|9,080,673|
|Represented
by:|||||
|UNRESTRICTED FUNDS-|||||
|Capital Funds|||8,396,860|8,974,969|
|Revenue
Funds|||89,400|105,704|
|NET FUNDS|||8,486,260|9,080,673|
##
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
|||||||||F|
|Income from listed||investments|||||231,397|205,169|
|Interest income|||||||3,098|145|
||||||||234,495|205,314|
|Surplus/(deficit)|for||the year||||||
|The surplus/(deficit)||for||the year is stated after charging-|||||
||||||||2023|2022|
||||||||E||
|Board of Directors||and||Members costs|||||
|Auditor's
remuneration|||||||||
|-Audit services|||||||2,310|2,400|
|-Other services|||||||210|210|
|Total resources|expended||||||||
||||||Other|Grant|Total|Total|
||||||Costs|Funding|2023|2022|
|Cost of generating|||funds||||||
|Investment
manager's||||fees|36,582||36,582|37,945|
|Charitable
Activities|||||||||
|Grant Funding
ofActivities (see Note 5)||||||275,852|275,852|238,736|
|Support Costs|||||9,464|-|9,464|7,239|
||||||9,464|275,852|285,316|245,975|
|Governance
Costs|||||3,150||3,150|3,675|
##
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|5.
Grants paid to|orga|nisa|tions||in year:||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|Organisation
Name|||||||||
|Junction 12|||||||2,000|3,500|
|Wintershall
CIO|||||||7,500|3,000|
|ACT|||||||5,000|7,000|
|Urban Crofters|||||||4,000||
|StCatherine's
College|||||||6,000||
|Univida|||||||7,000||
|Feel Good Community|||||||7,000||
|Across|||||||7,600||
|Willowfield
Parish Community|||Assoc||iation||5,000||
|Inspiring
Ipswich|||||||4,000||
|EMMS International|||||||3,000||
|Chamwood
20:20(Twenty||Twenty)|||||4,000||
|Azalea|||||||6,000||
|Margaret
Clithrow Trust|||||||4,000||
|Colossians Three Sixteen Trust|||||||4,000||
|Cornerstone
House|||||||400||
|Emerge (UK)|||||||5,000||
|Lindley Educational
Trust|||||||5,000||
|The House on the Comer Communi||||ty Project|||3,000||
|Edinburgh
City Mission|||||||3,000||
|Springs Dance Company|||||||7,000||
|Anchor Church|||||||2,000||
|Children
on the Edge|||||||5,000||
|Anglican
International|Development||||||4,900||
|Sailors' Society|||||||7,872||
|Parish Church|||||||500||
|Morphe Arts|||||||3,000||
|Mosaic Middle East|||||||5,000||
|Turning Tides|||||||5,000||
|Central Tanganyika
Diocesan|||Trust||||6,000||
|Nicodemus|||||||2,080||
|A Way Out|||||||4,000||
|Safe Families for Children|||||||7,500||
|Jairah Funds|||||||2,000||
|Dyffryn
Clwyd
Mission|Area||||||5,000||
|Emmanuel
Group of Churches|||||||500||
|Romanian
Ministries|||||||2,500||
|Strength
&Stem|||||||10,000||
|St. Anne's
Church|||||||1,000||
|For the Love ofa Child|||||||7,000||
|Flourish|||||||7,000||
|Turning
the Tide, UK|||||||3,000||
|Transforming
Lives for Good|||||||4,000||
|Bognor Regis Baptist Church|||||||7,000||
|Searchlight
Scotland|||||||3,000||
|A Rocha UK|||||||5,000||
|The Hope Trust Oxford|||||||8,000||
|Spitatfields
Crypt Trust|||||||5,000||
|Flying for Life|||||||8,000||
|Kintsugi
Hope|||||||7,500||
|Just-Ice Poynton|||||||4,000||
|Chaiya Trust/Art
Awards|||||||5,000||
|British Youth for Christ|||||||5,000||
|Truth be Told —Storytelling||for|Life||||8,000||
|Imago Die Prison
Ministry|||||||6,000||
|The Junction 42 Foundation|||||||5,000||
|||||||-15-|||
##
|for the year ended 31|for the year ended 31|March 2023|March 2023|March 2023||||
|---|---|---|---|---|---|---|---|
|5.
Grants paid to||organisations|||in year (continued):|||
|||||||2023|2022|
|Organisation
Name||||||||
|Family Support Work||||||5,000||
|Raising Futures|||||||3,980|
|YADA|||||||5,000|
|Intercultural
Churches|||||||3,000|
|Five Talents
UK|||||||3,500|
|The Surf Project|||||||5,000|
|Forest of Dean Linking|||Lives||||4,000|
|Mount Merrion Church|||||||4,500|
|Caring for Life|||||||4,000|
|Fountain
of Life Ministries|||||||7,000|
|Embrace the Middle East|||||||4,000|
|St Petroc's Church|||||||7,000|
|Samaritan's
Purse UK|||||||4,000|
|Missio Africanus|||||||5,000|
|Ruchazie
Parish Church|||of Scotland||||3,000|
|The Exodus Project|||||||1,400|
|Create Hope|||||||5,000|
|Transforming
Lives for||Good||(TLG)|Ltd||7,000|
|Saltmine Trust|||||||7,500|
|People International|||||||2,500|
|Ethiopia Medical Project (EMP)|||||||5,717|
|Middle East Media|||||||5,?29|
|Haven Project Liverpool|||||||3,700|
|Christ of Lord Church|||||||2,750|
|Revolution
Youth|||||||5,000|
|Arise Counselling
Service|||||||3,000|
|Windsor
Hill Wood|||||||3,000|
|St Luke's Lighthouse|Church||||||4,000|
|Choices Islington|||||||4,500|
|Oak Church|||||||2,500|
|Health and Hope UK|||||||5,000|
|Life in Community|||||||5,000|
|The Matrix Church|||||||4,000|
|Overtoun
House|||||||4,000|
|Gate Church|||||||3,000|
|Ignite|||||||5,000|
|Sewing2Gether
All Nations|||||||2,000|
|Third Hope|||||||7,200|
|Discovering
Prayer|||||||4,000|
|Restorative
Justice Initiative||||Mids|||3,300|
|Comfort International|||||||3,000|
|Scottish Bible Society|||||||2,000|
|St. Rollox Church|||||||3,000|
|Knockbreda
Methodist||Church|||||4,100|
|Lancaster Methodist|Church||||||4,860|
|St. George's Crypt|||||||5,000|
|Blue Sky Trust|||||||4,000|
|The Pelham
CIO|||||||3,500|
|Theological
Education||South||Sudan|||20,000|
|CRESS|||||||4,000|
|St Pauls Nottingham|||||||(1,000)|
|Art Action UK|||||||2,000|
|Passion Art|||||||2,000|
|Total grants paid||||||275,852|238,736|
##
##
##
##
|.|Fixed Asset Investm|ents||||
|---|---|---|---|---|---|
|||||Equities|Total|
||Market value at 1 April 2022|||8,762,259|8,762,259|
||Acquisitions
at cost|||1,101,367|1,101,367|
||Disposals at cost|||(818,828)|(818,828)|
||Change
in market value||in the period|855,572|855572|
||Market value at 31|March 2023||8,189,226|8,189,226|
||Historical cost:|||||
||At 31 March 2023|||6,886,704|6,886,704|
||At 31 March 2022|||6,604,470|6,604,470|
|9.|Debtors: Amounts|falling due within one year||2023|2022|
||Prepaym ants|||373|306|
|||||373||
|10.|Creditors: Amounts||falling due within one year|2023|2022|
||Accruals|||5,031|5,081|
|||||5,031|5,081|
##
##
##
||||Unrestricted|Unrestricted|2023|2022|
|---|---|---|---|---|---|---|
||||Capital|Revenue|Total|Total|
||||Funds|Funds|Funds|Funds|
|Fixed asset investments|||8,189,226||8,189,226|8,?62,259|
|Current|assets||||||
|Debtors||||3?3|373|306|
|Cash at|bank and|in hand|207,634|94,058|301,692|323,189|
||||207,634|94,431|302,065|323,495|
|Current|liabilities|||5,031|5,031|5,081|
|Net current assets|||207,634|89,400|297,034|318,414|
|Net Assets/Funds|||8,396,860|89,400|8,486,260|9,080,673|
##
##