| CONTENTS | Page | |
| Legal and administrative information |
||
| Report ofthe Board ofTrustees | 2-4 | |
| Report ofthe Auditors | 5-7 | |
| Statement offinancial activities | ||
| Balance sheet | ||
| Notes forming part ofthe financial | statements | 10 - 14 |
| Un-restricted | Restricted | |||||
|---|---|---|---|---|---|---|
| Notes | Funds | Funds | 2022 | 2021 | ||
| f | f | |||||
| INCOMING RESOURCES | ||||||
| Interest and investment income |
22,706 | 4,855 | 27,561 | 127,346 | ||
| Donations | 50 | 50 | 120 | |||
| Legacies | ||||||
| Reclaimed grant | 100,000 | |||||
| TOTAL INCOMING RESOURCES | 22 756 | 4 855 | 27 611 | 227,466 | ||
| RESOURCES EXPENDED | ||||||
| Charitable expenditure |
||||||
| Grants payable | 2 | 129,066 | 81,335 | 210,401 | 128,174 | |
| Management and administmtion |
2 | 5,606 | 495 | 6,101 | 7,240 | |
| TOTAL RESOURCES EXPENDED | 134672 | 81 830 | 216,502 | 135414 | ||
| NET OUTGOING RESOURCES | 3 | (111,916) | (76,975) | (188,891) | 92,052 | |
| Realised and unrealised investment |
gains and losses | (196,143) | (43,260) | (239,403) | 436,303 | |
| Net movement in funds |
(308,059) | (120,235) | (428,294) | 528,355 | ||
| Total funds at 1 July 2021 | 4,740,238 | 1,051,475 | 5,791,713 | 5,263,358 | ||
| Total funds at 30June 2022 | 4432 179 | 931,240 | 5,363,419 | 5,791,713 |
| Notes | 2022 | 2021 | |
|---|---|---|---|
| f. | |||
| INVESTMENTS | 5 | 5,325,275 | 5,689,878 |
| CURRENT ASSETS | |||
| Cash at bank | 40,797 | 104,362 | |
| Debtors | |||
| 40,797 | 104,362 | ||
| CREDITORS: AMOUNTS FALLING DUE | 2,653 | 2,527 | |
| WITHIN ONE YEAR | |||
| NET CURRENT ASSETS | 38,144 | 101,835 | |
| CREDITORS: AMOUNTS FALLING DUE | |||
| IN OVER ONE YEAR | |||
| NET ASSETS | 5.363.419 | 5,791 713 | |
| UNRESTRICTED FUNDS | |||
| General funds | 9 | 4,432, 179 | 4,740,238 |
| RESTRICTED FUNDS | |||
| Lazenby fund | 9 | 931,240 | 1,051,475 |
| TOTAL FUNDS | 5363419 | 5,791713 |
| 2 | TOTAL RESOURCES EXPENDED | TOTAL RESOURCES EXPENDED | TOTAL RESOURCES EXPENDED | TOTAL RESOURCES EXPENDED | ||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| f. | 6 | |||||||
| Grants payable in furtherance |
ofthe charity's | objects: | ||||||
| From unrestricted funds |
129,066 | 95,055 | ||||||
| From restricted funds |
81,335 | 33 119 | ||||||
| 210,401 | 128,174 | |||||||
| Unrestricted funds |
||||||||
| University ofHull Research Scholarship | 25,000 | |||||||
| Platform (Hull) | 21,637 | |||||||
| Welcome House | 19,000 | |||||||
| LIVES | 16,705 | |||||||
| HEY Children's University |
11,560 | |||||||
| Team Teeth | 9,000 | |||||||
| Special Stars Foundation | 5,712 | |||||||
| Martin House Hospice | 5,000 | |||||||
| Preston Road Women's | Centre | 5,000 | ||||||
| British Liver Trust | 4,178 | |||||||
| Downright Special |
3,274 | |||||||
| Other grants ofK2,000orless | 3,000 | |||||||
| 129,066 | ||||||||
| Restricted funds | ||||||||
| Linkage Community | Trust | 47,000 | ||||||
| Carers Plus Yorkshire | 30,000 | |||||||
| Hinge Centre | 2,990 | |||||||
| East Riding Recovery | &Resilience Fund | 1 345 | ||||||
| 81335 | ||||||||
| Management and adhninistration: |
||||||||
| Legal and professional | (including | Indemnity | insurance) | 545 | 13 | |||
| Audit fee | 2,766 | 2,586 | ||||||
| Investment portfolio charges |
2,760 | 4,575 | ||||||
| Other administration | 30 | 66 | ||||||
| 6,101 | 7,240 | |||||||
| TOTAL RESOURCES | EXPENDED | 216,502 | 135,414 |
| This is stated | after charging: | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Auditors' | remunemtion: | ||
| Audit and | accounting services |
2,766 | 2 586 |
| Audit and accounting | services | 2,766 | 2 586 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 4 | TAXATION | ||||||||
| The charitable company |
is exempt f'rom corporation | tax | on its charitable | activities. | |||||
| 5 | INVESTMENTS | ||||||||
| 2022 | 2021 | ||||||||
| Quoted Investments: | |||||||||
| Market value at start | ofyear | 5,689,878 | 5,230,804 | ||||||
| Cash funds in/(out) | (150,000) | (100,000) | |||||||
| Net rebates/(Charges) | (2,760) | (4,575) | |||||||
| Reinvested income Gains(losses) on disposaVrevaluation |
27,560 ~239,633 |
127,346 436,303 |
|||||||
| Market value 30June | 2022 | 5,325,273 | 5689878 | ||||||
| Historical cost 30June 2022 | 3999,069 | 4,108,537 | |||||||
| Analysis ofinvestments: | |||||||||
| Collective investment | schemes | 5,325,275 | 5 689,878 | ||||||
| 6 | DEBTORS | ||||||||
| 2022 | 2021 | ||||||||
| Debtors | |||||||||
| 7 | CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | |||||||
| 2022 | 2021 | ||||||||
| Accruals | 2 653 | 2,527 | |||||||
| 8 | ANALYSIS OF NET ASSETSBETWEEN FUNDS | ||||||||
| Unrestricted | Restricted | 2022 | 2021 | ||||||
| Funds | Fund | ||||||||
| 8 | |||||||||
| Investments | 4,361,743 | 963,532 | 5,325,275 | 5,689,878 | |||||
| Current assets | 73,089 | (32,292) | 40,797 | 104,362 | |||||
| Creditors | 2,653 | 2,653 | 2 527 | ||||||
| NET ASSETSAT 30JUNE 2022 | 4,432,179 | 931,240 | 5,363,419 | 5,791,713 |
| Movements in funds are as follows: |
Movements in funds are as follows: |
|||
|---|---|---|---|---|
| At I July | Incoming | Outgoing | At 30June | |
| 2021 | Resources | Resources | 2022 | |
| f. | ||||
| UNRESTRICTED FUNDS: | ||||
| General funds | 4,740,238 | 22.756 | 330815 | 4432179 |
| RESTRICTED FUNDS: | ||||
| Lazenby Fund | 1,051,475 | 4855 | 125090 | 931240 |
| Comparatives for movements |
in funds are as follows: | |||
| At I July | Incoming | Outgoing | At 30June | |
| 2020 | Resources | Resources | 2021 | |
| 8 | ||||
| UNRESTRICTED FUNDS: | ||||
| General funds | 4,282,338 | 559,327 | 101427 | 4740238 |
| RESTRICTED FUNDS: | ||||
| Lazenby Fund | 981,020 | 104 442 | 33,987 | 1053475 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| Funds | Funds | Funds | |
| f. | |||
| INCOMING RESOURCES | |||
| Interest and investment income |
103,029 | 24,317 | 127,346 |
| Donations and transfers |
120 | 120 | |
| Reclaimed grant | 100,000 | 100,000 | |
| TOTAL INCOMING RESOURCES | 203 149 | 24317 | 227,466 |
| RESOURCES EXPENDED | |||
| Charitable expenditure |
|||
| Grants payable | 95,055 | 33,119 | 128,174 |
| Management and administration |
6 372 | 868 | 7,240 |
| TOTAL RESOURCES EXPENDED | 101,427 | 33 987 | 135414 |
| NET INCOMING RESOURCES | 101,722 | (9,670) | 92,052 |
| Investment gains and losses |
356 178 | 80,125 | 436,303 |
| Net movement in funds |
457,900 | 70,455 | 528,355 |
| Total funds brought forward |
4282,338 | 981020 | 5263358 |
| Total I'unds carried forward | 4740238 | 1051475 | 5791713 |