||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|2|
|Independent
Examiner's
Report|||||
|Statement
of Financial Activities|||||
|Balance Sheet|||||
|Notes to the Financial Statements||6|to|9|
|Detailed Statement
of Financial|Activities||10||
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##
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##
##
##
##
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##
|||||30.4.23|30.4.22|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|E|E|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies|||||225,787|
|Investment
income||||99681|93 182|
|Total||||99681|318 969|
|EXPENDITURE
ON||||||
|Raising funds
Investment
management|costs|||2 134|4 114|
|||||2,134|4,114|
|Charitable
activities
Grants to institutions||||96 000|112000|
|Total||||98 134|116114|
|Net gains/(losses)
on investments||||~203 297)|~306 669)|
|NET INCOME/(EXPENDITURE)||||(201,750)|97,196|
|RECONCILIATION
OF|FUNDS|||||
|Total funds
brought
forward||||3,776,920|3,679,724|
|TOTAL FUNDS CARRIED FORWARD||||3 675 170|3 776 920|
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|||||30.4.23|30.4.22|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|E|E|
|CURRENT ASSETS||||||
|Debtors||||71,092|189,325|
|Investments
Cash at bank||||3,212,010
292 342|3,299,284
269 323|
|||||3,575,444|3,777,932|
|CREDITORS||||||
|Amounts
falling|due within|one year|9|(274)|(1,012)|
|NET CURRENT|ASSETS|||3 575 17Q|3 776,920|
|TOTAL ASSETS LESS CURRENT||||||
|LIABILITIES||||3,575 170|3,776,920|
|NET ASSETS||||3 575 170|3,776 920|
|FUNDS|||10|||
|Unrestricted
funds||||3,575,170|3,776,920|
|TOTAL FUNDS||||3 575 17Q|3 776 920|
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|DONATI|ONS
AND|LEGACIES||
|---|---|---|---|
|||30.4.23|30.4.22|
|||E|I|
|Donations|||136,000|
|Taxation
Donated|recovered
shares||34,000
~55 787|
||||~225 787|
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##
|INVESTMENT INCOME|INVESTMENT INCOME||||||||
|---|---|---|---|---|---|---|---|---|
|||||||30.4.23|30.4.22||
|||||||E|E||
|Investment
income||||||98,231|93,126||
|Deposit account interest||||||~1450||56|
|||||||~99 681|~93|182|
|INVESTMENT
MANAGEMENT|||COSTS||||||
|||||||30.4.23|30.4.22||
|||||||E|E||
|Administrative
expenses||||||~2134|~4114||
|GRANTS PAYABLE|||||||||
|||||||30.4.23|30.4.22||
|||||||E|E||
|Grants to institutions||||||~96 000|~112|000|
|The following
donations||were|made|dunng|the year:|30.4.23|||
|||||||E|||
|London Institute
for|Contemporary|||Christianity||36,000|||
|London
City Mission
CARE||||||5,000
5,000|||
|Christians
in Politics||||||5,000|||
|Salvation
Army||||||5,000|||
|Church
Army
Volunteers
Outreach|Working|||||5,000
4,000|||
|Hope
in Tottenham
European
Chnstian
Mission Ireland
Wycliffe Bible Translators
St Mellitus
College||||||4,000
4,000
3,000
3,000|||
|Transforming
Lives
Church
Urban
Fund|for Good|||||3,000
2,000|||
|Dignify
Emmaus
UK||||||2,000
2,000|||
|Mercy Ships (Hope on the Horizon)
Langham
Partnership
Livability
Derby City Mission||||||2,000
2,000
2,000
1,000|||
|Urban
Saints||||||1
0QD|||
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|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|7.|DEBTORS: AMOUNTS||FALLING DUE WITHIN|||||ONE YEAR||||||
|||||||||||||30.4.23|30.4.22|
|||||||||||||E|E|
||Other debtors|||||||||||~71 092|~189 325|
|8.|CURRENT ASSET INVESTMENTS|||||||||||||
|||||||||||||30.4.22|30.4.22|
|||||||||||||E|E|
||Listed investments|||||||||||3 212 010|3 299 264|
||Fair value of listed investments||||at 30 April||2023|—E3,212,010.||||||
|9.|CREDITORS:|AMOUNTS||FALLING DUE|||WITHIN||ONE YEAR|||||
|||||||||||||30.4.23|30.4.22|
|||||||||||||E|E|
||Other creditors|||||||||||274|~1012|
|10.|MOVEMENT IN FUNDS|||||||||||||
|||||||||||||Net||
|||||||||||||movement|At|
|||||||||||At|1.5.22|in funds|30.4.23|
||||||||||||E|E|E|
||Unrestricted|funds||||||||||||
||General
fund|||||||||3,776,920||(201,750)|3,575,170|
||TOTAL FUNDS|||||||||3 776 920||~203 7607|3 575 170|
||Net movement|in funds,||included||in the above are|||as follows:|||||
||||||||Incoming|||Resources||Gains and|Movement|
||||||||resources|||expended||losses|in funds|
|||||||||E|||E|E|E|
||Unrestricted|funds||||||||||||
||General
fund||||||99,681|||(98,134)||(203,297)|(201,750)|
||TOTAL FUNDS||||||~99681|||~98 134)||~203 297)|~201 750)|
||Comparatives|for movement||||in funds||||||||
|||||||||||||Net||
|||||||||||||movement|At|
|||||||||||At|1.5.21|in funds|30.4.22|
||||||||||||E|E||
||Unrestricted|funds||||||||||||
||General
fund|||||||||3,679,724||97,196|3,776,920|
||TOTAL FUNDS|||||||||3 679 724||97 196|3 776 920|
##
##
|Compar|ative|net movement
in f|unds,
included
in the ab|ove are as follo|ws:||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
|Unrestricted||funds|E|E|E|E|
|General|fund||318,969|(116,114)|(105,659)|97,196|
|TOTAL|FUNDS||~318969|~116 114)|~105 659)|97 196|
##
##
|||30.4.23|30.4.22|30.4.22|
|---|---|---|---|---|
|||E|E||
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Donations|||136,000||
|Taxation
recovered|||34,000||
|Donated shares|||~55|787|
||||225,787||
|Investment
income|||||
|Investment
income
Deposit account interest||98,231
~1450|93,126
56||
|||~99681|~93|182|
|Total incoming
resources||99,681|318,969||
|EXPENDITURE|||||
|Investment
management
Administrative
expenses|costs|2,134|4,|114|
|Charitable
activities|||||
|Grants to institutions||~96 000|~112|000|
|Total resources
expended||~98 134|~116|114|
|Net income before gains|and losses|1,547|202,855||
|Realised recognised
gains and losses|||||
|Gains/losses
on investments||~203 297)|~105|659)|
|Net (expenditure)/income||~201 750)|~97|196|