## |||Page|| |---|---|---|---| |Report ofthe Trustees|1|to|3| |Report.ofthe Independent
Auditors|4|to|6| |Statement ofFinancial Activities|||| |Balance Sheet|||| |Cash Row Statemeat|||| |Notes to the Cash Flow Statement|||| |Notes to the Financial Statements|11|to|15| ## ## ## ## ## ## |Social Services and Relief|458,075| |---|---| |Cultural|67,491| |Religious|185,232| |Medical Research and care|61,914| |Education|67,579| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Balance Sheet
31 December 2022||| |---|---|---|---| |||2022|2021| |||Unrestricted|Total| |||funds|funds| ||Notes||| |CURRENT ASSETS|||| |Cash at bank||812,157|216,328| |CREDITORS|||| |Amounts
falling due within one year||(4,800)|(1,620)| |NET CURRENT ASSETS||807,357|214,708| |TOTAL ASSETSLESSCURRENT|||| |LIABILITIES||807,357|214,708| |NKT ASSETS||807,357|214,708| |FUNDS|10||| |Um estricted
funds||807,357|214,708| |TOTAL FUNDS||807,357|214,708| ## |||for th|e year ended 31Decembe|r 2022|| |---|---|---|---|---|---| |||||2022|2021| |||||Unrestricted|Total| |||||funds|funds| ||||Notes||| |INCOME AND ENDOWMENTS||FROM|||| |Donations
and legacies||||1,511,308|871,642| |EXPENDITURE ON|||||| |Cliaritable
activities|||||| |Grant Making and associated activities||||918,659|862,796| |NET INCOME||||592,649|8,846| |RECONCILIATION|OF FUNDS||||| |Total funds brought
forward||||214,708|205,862| |TOTAL FUNDS CARRIED FORWARD||||807,357|214,708| ## ||||||Cash Flow Statement||| |---|---|---|---|---|---|---|---| |||||for|the year ended 31December|2022|| |||||||2022|2021| ||||||Notes||| |Cash floavs from|operating|activities|||||| |Cash generated
from operations||||||596,394|9,505| |Bank charges||||||(565)|(539)| |Net cash provided|by operating||activities|||595,829|8,966| |Clmnge in cash|and cash equivalents|||in|||| |the reporting
period||||||595,829|8,966| |Cash and cash equivalents||at|the||||| |beginning
ofthe|reporting|period||||216,328|207,362| |Cash and cash equivalents||at|the end|of|||| |the reporting
period||||||812,157|216,328| ## |||||2022|2021| |---|---|---|---|---|---| |Net income|for the|reporting|period (as per the Statement ofFinancial||| |Activities)||||592,649|8,846| |Adjustments|for:||||| |Bank charges||||565|539| |Increase in creditors||||3,180|120| |Net cash provided||by operations||596,394|9,505| ## ## ||At 1.1.22|Cash flow|At 31.12.22| |---|---|---|---| |Net cash|||| |Cash at bank|216,328|595,829|812,157| ||216,328|595,829|812,157| |Total|216,328|595,829|812,157| ## ## ## ## ## ## ## ## |||||||Grant|||| |---|---|---|---|---|---|---|---|---|---| |||||||funding of|||| |||||||activities|Support||| ||||||Direct|(scc note|costs (see||| ||||||Costs|4)|note 5)||Totals| ||Grant Making and associated||activities||75,368|840,291||3,000|918,659| |4.|GRANTS PAYABLE||||||||| ||||||||2022||2021| ||Grant Making and associated||activities||||840,291||792,356| ||Total grants paid during|the year was||as follows;|||||| ||||||||General||| |||||||Designated|fund|2022|2021| |||||||fund|||| ||StYeghiche Armenian|Church Parish||||40,000||40,000|40,000| ||Church property
and liability||insurance|||35,232||35,232|32,851| ||Mission Enfrance|||||9,885||9,885|9,405| ||The Paperweight
Trust|||||10,000||10,000|10,000| ||BASSMA||||||||73,904| ||Individual|||||10,000||10.000|10,000| ||Association
des Amis des Nouvelles|||d'Armenie||21,963||21,963|| ||Chronic Care Centre||||||||73,965| ||Institute for Cancer Vaccines
Chain ofHope||and Immunotherapy|||1,000
50,000||1,000
50,000|| ||I&elna 3Ayleh|||||86,543||86,543|74,142| ||Fauna and Flora International||||||||107,250| ||Scholarships|||||67,579||67,579|64,729| ||Action Innocence|||||203,510||203,510|196,110| ||Make A Wish Foundation||||||||90,000| ||Give a Child aBrighter|Future|||||||10,000| ||Lady Garden Foundation
TO Foundation|||||4,314
77,334||4,314
77,334|| ||Elton John Aids Foundation|||||56,500||56,500|| ||Just Giving Cancer Research|||||100||100|| ||The Armenian
Church|Trust (UIZ)||||100,000||100,000|| ||Naked Heart France
JEBID|||||45,528
20,803||45,528
20,803|| |||||||840,291|-|840,291|792,356| ## ## ## ## ## ||There
were
no
Tr
31 December 2021,|ustees'
expense|s
paid|for the
year
ended
31 December 202|2 nor for|the
year
ended| |---|---|---|---|---|---|---| ||STAFF COSTS|||||| ||||||2022|2021| ||Wages and salaries||||65,330|61,330| ||Social security costs||||6,866|6,027| ||||||72,196|67,357| ||The average
monthly|number ofemployees||during the year was as follows:||| ||||||2022|2021| ||Chartiable
activities||||2|2| ||No employees
received emoluments||in excess off60,000.|||| |8.|COMPARATIVES|FORTHK STATEMENT OF FINANCIAL ACTIVITIES||||| |||||||Unrestricted| |||||||funds| ||INCOME AND ENDOWMENTS||FROM|||| ||Donations
and legacies|||||871,642| ||EXPE&NDITURK ON|||||| ||Charitable
activities|||||| ||Grant Making and associated activities|||||862,796| ||NET INCOME|||||8,846| ||RE&CONCILIATION OF FUNDS|||||| ||Total funds brought|forward||||205,862| ||TOTAL FUNDS CARRIED FORWARD|||||214,708| ## ## |9.|CREDITORS: AMOUNTS FALLING DUE WITHIN|ONE YEAR|| |---|---|---|---| |||2022|2021| ||Other creditors|4,800|1,620| |10.|MOVEMENT IN FUNDS||| |MOVEME|N|T IN FUN|DS|||||| |---|---|---|---|---|---|---|---|---| ||||||||Net|| ||||||||movement|At| |||||||At 1.1.22|in funds|31.12.22| |||||||K||| |Unrestricted||funds||||||| |General fund||||||24,333||24,333| |Designated|fund|||||190,375|592,649|783,024| |||||||214,708|592,649|807,357| |TOTAL FUNDS||||||214,708|592,649|807,357| |Net movement||in funds,|included||in the above are as follows:|||| |||||||Incoming|Resources|Movement| |||||||resources|expended|in funds| |Unrestricted||funds||||||| |Designated|fund|||||1,511,308|(918,659)|592,649| |TOTAL FUNDS||||||1,511,308|(918,659)|592,649| |Comparatives||for movement||in|funds|||| ||||Net|| |---|---|---|---|---| ||||movement|At| |||At 1.1.21|in funds|31.12.21| |Unrestricted|funds|||| |General fund||24,333||24,333| |Designated|fund|181,529|8,846|190,375| |||205,862|8,846|214,708| |TOTAL FUNDS||205,B62|8,846|214,708| ## ## ## |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expended|in funds| |Unrestricted|funds|||| |Designated|fund|871,642|(862,796)|8,846| |TOTAL FUNDS||871,642|(862,796)|8,846| |Designated|Fund|||| ## ##