| Pages | ||||
|---|---|---|---|---|
| Trustees' | annual rcport | 1to 4 | ||
| Independent examiner's |
report to the trustees | |||
| Statement | offinancial | activities | ||
| Statement | offinancial | position | ||
| Notes to | the financial | statements | 8to1S |
| Registered | charity | name | The McGrath Charitable | The McGrath Charitable | Trust | ||
|---|---|---|---|---|---|---|---|
| Charity registration | number | 1083839 | |||||
| Principal office | 19Elm Avenue | ||||||
| London | |||||||
| W5 3XA | |||||||
| The trustees | |||||||
| Mr KD McGrath | - Chair | ||||||
| Mrs KA McGmth - Vice | Chair | ||||||
| Mr JBraggins Mr RH Lemming |
(Retired !3November | 2023) | |||||
| Miss OJ McGrath | |||||||
| Mr C S McGrath | |||||||
| Independent | examiner | David Goldberg | |||||
| New Burlington | House | ||||||
| 1075Finchley Road | |||||||
| LONDON | |||||||
| NWI I OPU |
| Year ended | 14Novemb | er 2023 | er 2023 | ||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Unrestricted | |||||||
| funds | Total funds | Total funds | |||||
| Note | |||||||
| Income and | endowments | ||||||
| Donations and legacies |
4 | 62,500 | 62,500 | 62,600 | |||
| Total income | 62,500 | 62,500 | 62,600 | ||||
| Expenditure | |||||||
| Expenditure | on charitable | activities | 5,6 | (53,163) | (53,163) | (54,483) | |
| Total expenditure | (53,163) | (53,163) | (54,483) | ||||
| Net income | and aet movement | in funds | 9,337 | 9,337 | 8,117 | ||
| Recoaciliation offunds | |||||||
| Total funds | brought forward | 55,402 | 55,402 | 47,285 | |||
| Total funds | carried forward | 64,739 | 64,739 | 55,402 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Note | f | ||||||
| Fixed assets | |||||||
| Tangible fixed assets | 13 | ||||||
| Current assets | |||||||
| Cash at bank | and in hand | 66,539 | 57,113 | ||||
| Creditors: amounts | falling due within one year | 14 | (1,800) | (1,800) | |||
| Net current | assets | 64,739 | 55,313 | ||||
| Total assets | less current | liabilities | 64,739 | 55,402 | |||
| Net assets | 64,739 | 55,402 | |||||
| Funds ofthe | charity | ||||||
| Unrestricted | funds | 64,739 | 55,402 | ||||
| Total charity | funds | 15 | 64,739 | 55,402 |
| Donations and legacies | Year ended 14Novemb | er 20 |
23 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | |
| Funds | 2023 | Funds | 2022 | |||
| 4 | ||||||
| Donations | ||||||
| Donations | 62,500 | 62,500 | 62,600 | 62,600 |
| Expenditu | re on charitable |
activities by fund type | |||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| g | |||||
| Donations | made | 51,274 | 51474 | 52,653 | 52,653 |
| Support costs | 1,889 | 1,889 | 1,830 | 1,830 | |
| 53,163 | 53,163 | 54,483 | 54,483 |
| 6. | Expenditu | re on charitable acti |
vities by activity typ |
e | ||
|---|---|---|---|---|---|---|
| Grant funding | Total funds | Total fund | ||||
| ofactivities | Support costs | 2023 | 2022 | |||
| 4 | ||||||
| Donations | made | 51,274 | 1,889 | 53,163 | 54,483 | |
| 7. | Analysis | ofsupport costs | ||||
| Accountancy | ||||||
| Depreciation | Fees | Total 2023 | Total 2022 | |||
| Support costs | 89 | 1,800 | 1,889 | 1,830 |
| 8. | Analysis ofgrants | Ye | ar | ended | 14November 2023 | ||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| f, | |||||||
| Grants to institutions | |||||||
| Pitzhanger Manor tk Gallery |
Trust | 6,500 | |||||
| GSA Sean McGrath Scholarships- | University ofSurrey | 7,000 | |||||
| Macmillan Cancer Support |
10,000 | 10,000 | |||||
| H&F Giving | 1,000 | ||||||
| London South Bank University | (LSBU) | 5,000 | 5,000 | ||||
| Cancer Research UK | 10,000 | ||||||
| Friends ofGuildford High School |
7,000 | ||||||
| The Kate McGrath School for Girls Bo Sierra Leone | 6,617 | ||||||
| First Flights Media Limited | 7,000 | 7,000 | |||||
| Donations less than %3,500 |
12,274 | 9,536 | |||||
| 51,274 | 52,653 | ||||||
| Total grants | 51474 | 52,653 | |||||
| 9. | Net income | ||||||
| Net income is stated after charging/(crediting): | |||||||
| 2023 | 2022 | ||||||
| Depreciation oftangible fixed assets | 89 | 30 | |||||
| 10. | Independent examination |
fees | |||||
| 2023 | 2022 | ||||||
| Fees payable to the independent | examiner | for: | |||||
| Independent examination ofthe |
financial | statements | 1,800 | 1,800 |
| 13. | Tangible fixed a | ssets | ||||
|---|---|---|---|---|---|---|
| Fixtures and | ||||||
| fittings | Total | |||||
| 8 | ||||||
| Cost | ||||||
| At 15November | 2022 and 14November | 2023 | 6,600 | 6,600 | ||
| Depreciation At 15November |
2022 | 6,511 | 6,511 | |||
| Charge for the year | 89 | 89 | ||||
| At 14November | 2023 | 6,600 | 6,600 | |||
| Carrying amount | ||||||
| At 14November | 2023 | |||||
| At 14November | 2022 | 89 | ||||
| 14. | Creditors: amounts | falling due within one year | ||||
| 2023 | 2022 | |||||
| Accruals and deferred | income | 1,800 | 1,800 |
| At | At | |||||
|---|---|---|---|---|---|---|
| 15 | November | 14 | November | |||
| 2022 | Income | Expenditure | 2023 | |||
| General | funds | 55,402 | 62,500 | (53,163) | 64,739 | |
| At | At | |||||
| 15 | November | 14 | November | |||
| 2021 | Income | Expenditure | 2022 | |||
| General | funds | 47,285 | 62,600 | (54,483) | 55,402 |
| Analysis ofnet as | sets between funds | ||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2023 | ||
| Tangible fixed assets Current assets |
66,539 | 66,539 | |
| Creditors less than | 1 year | (1,800) | (1,800) |
| Net assets | 64,739 | 64,739 | |
| Unrestricted | Total Funds | ||
| Funds | 2022 | ||
| Tangible fixed assets | 89 | 89 | |
| Current assets | 57,113 | 57,113 | |
| Creditors less than | 1year | (1,800) | (1,800) |
| Net assets | 55,402 | 55,402 |