| Unrestricted | Funds | |||||
|---|---|---|---|---|---|---|
| Total | Total | |||||
| Page | 31.12.2023 | 31.12.2022 f |
||||
| Income from: | ||||||
| Donations and legacies (note 2) |
10 | 376,135 | 24,145 | |||
| Investments (note |
3) | 10 | 43,544 | 38,759 | ||
| Total income | 419,679 | 62,904 | ||||
| Expenditure on: |
||||||
| Charitable activities (note 4) Raising funds (note 6) |
10 10 |
56,608 4,596 |
47,404 2,881 |
|||
| Total expenditure | 61,204 | 50,285 | ||||
| Net income before net gains on investment | assets | 358,475 | 12,619 | |||
| Net gains/(losses) | on investment | assets (note | 7) | 40,090 | (101,449) | |
| Net income/(expenditure) | 398,565 | (88,830) | ||||
| Reconciliation of |
funds: | |||||
| Total funds brought | forward at 1 | January 2023 | 992,923 | 1,081,753 | ||
| Total funds carried forward at 31 December | 2023 | 61,391,488 | F992,923 |
| Page | 31.12.2023 | 31.12.2022 | |||
|---|---|---|---|---|---|
| 8 | |||||
| Fixed Assets | |||||
| Investments and cash at market value (note 7) |
11 | 1,322,042 | 944,396 | ||
| Current Assets | |||||
| Cash at bank (note | 8) | 74,693 | 59,392 | ||
| Debtor (note 9) Prepayment |
1,764 334 |
1,008 117 |
|||
| 76,791 | 60,517 | ||||
| Current Liabilities |
|||||
| Creditors: amounts | falling | due within one year (note 10) | (7,345) | (11,990) | |
| Net Current Assets | 69,446 | 48,527 | |||
| Total assets less current | liabilities | f 1,391,488 | E 992,923 | ||
| Total Charity Funds | E 1,391,488 | 6 992,923 |
| Page | 31.12.2023 f |
31.12.2023 f |
31.12.2022 f |
31.12.2022 f |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2. | INCOME FROM | DONATIONS | AND | LEGACIES | |||||||
| Legacy received | 301,707 | ||||||||||
| Donations received |
73,672 | 23,137 | |||||||||
| Gift Aid Reclaim | 756 | 1,008 | |||||||||
| 7 | f | 376,135 | f | 24,145 | |||||||
| 3. | INCOME FROM | INVESTMENTS | |||||||||
| Income from UK | quoted equities | 39,767 | 38,007 | ||||||||
| Deposit interest | 3,777 | 752 | |||||||||
| Total investment | income | 7 | f | 43,544 | f | 38,759 | |||||
| CHARITABLE ACTIVITIES | |||||||||||
| Charitable grants |
to individuals | 46,924 | 37,930 | ||||||||
| Support cost | |||||||||||
| Facilitator fees | 8,386 | 7,727 | |||||||||
| Governance costs |
|||||||||||
| Legal fees | 870 | 1,360 | |||||||||
| Insurance | 428 | 387 | |||||||||
| Total charitable | activities | 7 | f | 56,608 | F | 47,404 | |||||
| 5. | DONATED SERVICES | ||||||||||
| Rawlinson & Hunter have donated |
their technical | and advisory | services | in preparing | the financial | ||||||
| statements and other charity administration. The value of these services has been estimated f15,500 plus VAT for the period ended 31 December 2023(2022-f13,500 plus VAT). |
at | ||||||||||
| 6. | EXPENDITURE | OF RAISING | FUNDS | ||||||||
| Investment management fees |
3,717 | 2,881 | |||||||||
| Sundry expenses | 879 | ||||||||||
| 7 | f | 4,596 | f | 2,881 |
| Page | 31.12.2023 | 31.12.2023 | 31.12.2022 | 31.12.2022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| E | E | ||||||||
| 7. | FIXEDASSET INVESTMENTS | ||||||||
| Market value of investments | 1,320,548 | 944,367 | |||||||
| Cash held as part of the investment | porffolio | 1,494 | 29 | ||||||
| 8 | F 1,322,042 | F | 944,396 | ||||||
| Quoted investments | |||||||||
| Market value at 1 January 2023 | 944,367 | 1,010,735 | |||||||
| Additions at book cost |
339,767 | 38,006 | |||||||
| Sale proceeds Net realised gains on sales |
(3,676) 18 |
(2,925) 475 |
|||||||
| Net unrealised gains/(losses) |
on revaluation | 40,072 | (101,924) | ||||||
| Market value at 31 December 2023 | 6 1,320,548 | 6 | 944,367 | ||||||
| Historical cost at 31 December 2023 | 6 1,161,615 | L | 825,048 | ||||||
| Net gains on investment assets |
|||||||||
| Net realised gains on sales |
18 | 475 | |||||||
| Net unrealised gains/(losses) |
on revaluation | 40,072 | (101,924) | ||||||
| Total net gains/(losses) on investment |
assets | 7 | F | 40,090 | 6 | (101,449) | |||
| 8. | CASH AT BANK | ||||||||
| Coutts 8 Co. Bank of Scotland |
63,158 11,535 |
52,678 6,714 |
|||||||
| 8 | F | 74,693 | 6 | 59,392 | |||||
| 9. | DEBTOR | ||||||||
| Gift Aid reclaim | 8 | 6 | 1,764 | E | 1,008 | ||||
| 10, | CREDITORS - Amounts falling due within one year |
||||||||
| Donation commitment due Facilitator fees Investment management fees |
4,950 1,428 967 |
9,450 1,335 714 |
|||||||
| Legal fees | 491 | ||||||||
| E | 7,345 | L' | 11,990 |