2023-06-30-accounts

		Page
Trustees' report		1-5
Independent Auditor's	report	6-9
Statement offinancial	activities	10
Balance sheet
Cash flow statement		12
Notes to the financial	statements	13 - 16

		Notes	Unrestricted	Restricted	2023	2022
					Total Funds	Total Funds
			f.,000	f,000	f.,000	f,000
Income from
Donations			3,980		3,980	1,143
Total income			3,980		3,980	1,143
Expenditure on
Charitable Activities
Grants payable			3,584		3,584	1,137
Administration	of cha'rity		275		275	19
Total resources expended			3,859		3,859	'1,157
Net income (expenditure)			121		121	(14)
Fund balances	at 1 July 2022		44			58
Fund balances	at 30June 2023		165		165	44

				Notes	2023	2022
					R,000	K,000
Current	assets
Debtors					1,65
Cash at	bank and	in hand			800	248.
					'965	291
Creditors: Amounts			falling due within one year		(800)	(247)
Total iiet assets					165
Capital	and reserves
	Called up	Share Capital E1
	Unrestricted		reserves		165	44
					165	44

Cash Flow Statement As at 30June 2023
						Notes	2023	2022
							f,000	f,000
Net cash (oufflow)/inflow	from operations							'116
Net cash provided /(used)	by'operating	activities					553
Change in cash and cash	equivalents	in the reporting			period
Cash and cash equivalents	at the beginning		ofthe period				247	131
Cash and cash.equivalents,	at the end ofthe		reporting	period			800	247
Th'e accompanying notes are an integral		part	of this cash		flow statement.
Notes to the Cash Flow Statement
for the year ended 30June 2023
							2023	2022
							f,000	f,000
i. Reconciliation ofnet income to		net cash flow		from			121	(14)
operating activities
Net expenditure
Decrease in debtors							(121)	14
Increase in creditors							553	116
Net cash outflow from operations							553	116
ii. Analysis ofcash	and cash equivalents						2022	2021
Cash at bank and in hand:							f,000	f,000
At 30June 2022							247	131
Net cash inflow from operations							553	116
At 30June 2023							800	247

											2023	2022
											E,000	f,000
Annual Fund											1.313	1,070
Other Purposes											1,545	73
Auction											1,122
											3,980	1,143
Grants
											2023	2022
											f,000	K,000
Grants to the		American		School in London Educational				Trust Limited			3,422	1,137
Other grants											162
											3,584	1,137
he Other grants			made relate		to the proceeds		from the	biennial	auction, which was run jointly		in 2023	with the ASL
SA. These	grants were			made to the PCA to			cover the	expenses ofthe auction		and monies	retained	by the PCA to
over two years of its ongoing					operating	expenses.
Administration			ofthe Charity
dministration		expenses		comprised:
											2023	2022
											K,000	E,000
Audit fee
Bank charges		and other		fees							15	13
Exchange differences											(13)
Fundraising	expenses										270
											275	19

5	Debtors
				2023	2022
				E,000	f,000
	Tax recoverabl'e				44
	Other			'165
				165	44
6	Creditors —Amounts	falling due within	on'e year:
				2023	2022
				K,000	E,000
Grants payable				795	219
Accruals					28
				800	247

8 Compa'rative	Statement of Financial Acti	vities
		Unrestricted	Restricted	2022
				Total Funds
		E,000	E,000	E,000
Inco'ming Resources
Donations		1,143		1,143 .
Total income		1,143		1,143
Resources Expended
Charitable Expenditure
Grants payable		1,137		1,137
Administration	of charity	19		19
Total resources expended		1,157		1,157
Net expenditure		(14)		(14)
Fund balances	at 1July 2022	58
Fund balances	at 30June 2023	44		44