| or the year ended | 31 | O | ctober 2022 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Notes | |||||||
| Unrestricted | Unrestricted | ||||||
| Income | |||||||
| Donations and legacies: | |||||||
| - Donation | 550,000 | ||||||
| - Gift ofagricultural | land | 800,000 | |||||
| - Profit on sale of gifted land | 115,194 | ||||||
| Investment income: |
|||||||
| - Unit trust distributions | 216,288 | 191,822 | |||||
| - Interest income | 205 | ||||||
| Other income: | |||||||
| - Farming income |
12,574 | 107 | |||||
| Total income | 894,261 | 991,929 | |||||
| Expenditure | |||||||
| Charitable activities: |
|||||||
| Grants and donations | 4 | 191,000 | 176,000 | ||||
| Support and governance | costs | 5 | 3,548 | 9,914 | |||
| Total expenditure | 194,548 | 185,914 | |||||
| Net (loss)/gain on |
investments | (478,457) | 1,207,460 | ||||
| Net income/(loss) funds |
and | net movement | in | 221,256 | 2,013,475 | ||
| Reconciliation offunds |
|||||||
| Funds at 1 November | 2021 | 5,658,042 | 3,644,567 | ||||
| Funds at 31 October 2022 | 5,879,298 | 5,658,042 |
| s at 31Octo | ber | 2022 | |||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| IVotes | |||||
| Fixed assets | |||||
| Investments | 5,047,723 | 4,849,892 | |||
| Current assets | |||||
| Cash at bank | and | in hand | 834,575 | 11,150 | |
| Agricultural land held for resale |
800,000 | ||||
| Total current | assets | 834,575 | 811,150 | ||
| Liabilities | |||||
| Creditors falling due within one year |
(3,000) | (3,000) | |||
| Net current assets | 831,575 | 808,150 | |||
| Net assets | 5,879,298 | 5,658,042 | |||
| The funds ofthe | charity | ||||
| Unrestricted | income funds | 5,879,298 | 5,658,042 |
| or the year ended 31Octob | er 2022 | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Notes | ||||
| Net movement in funds |
221,256 | 2,013,475 | ||
| Adjustments for: |
||||
| Loss/(gain) on investments |
478,457 | (1,207,460) | ||
| Profit on sale of land | (115,194) | |||
| Net proceeds on sale of land | 915,194 | |||
| Non-cash transaction |
||||
| - gift of agricultural land |
(800,000) | |||
| Operating cash flows before movements in working capital |
1,499,713 | 6,015 | ||
| Increase/(decrease) in creditors |
1,800 | |||
| Net cash generated from operating activities |
1,499,713 | 7,815 | ||
| Cash flows from investing activities |
||||
| Reinvestment of unit trust |
||||
| distributions | (216,288) | (191,822) | ||
| Sales of investments | 90,000 | 185,000 | ||
| Purchase of investments |
(550,000) | |||
| Cash used in investing activities |
(6?6,288) | (6,822) | ||
| Change in cash and cash equivalents in the year |
823,425 | 993 | ||
| Cash and cash equivalents forward |
brought | 11,150 | 10,157 | |
| Cash and cash equivalents forward |
carried | 834,575 | 11,150 |
| Analysis ofgrants | |||||
|---|---|---|---|---|---|
| An analysis ofgrants awarded is |
as follows: | ||||
| 2022 | 2021 | ||||
| Grants to Institutions 34(2021: |
27) | 191,000 | 176,000 | ||
| Organisation | |||||
| AbScent, Andover | 4,000 | ||||
| Action Cerebral Palsy, Buckingham |
7,000 | ||||
| Alive, Bristol | 5,000 | ||||
| Berkshire, Buckinghamshire |
and Oxfordshire | Wildlife Trust | 8,000 | ||
| Blood Pressure UK, London |
3,000 | ||||
| Bucks Vision, Aylesbury | 5,000 | ||||
| Ceda, Exeter | 8,000 | ||||
| Cruse Bereavement Care, London |
4,000 | ||||
| Dan Maskell Tennis Trust, Tamworth | 5,000 | ||||
| Dementia Carers Count, London |
5,000 | ||||
| Designability, Bath |
6,000 | ||||
| Dressability, Swindon |
6,000 | ||||
| FarmAbility, Oxford |
6,000 | ||||
| Haemochromatosis UK, Spalding |
5,000 | ||||
| Harlington Hospice, Hillingdon |
2,000 | ||||
| Holy Trinity Church, Drayton |
Parslow | 10,000 | |||
| Hospice Biographers, London |
5,000 | ||||
| L'Arche, Manchester | 10,000 | ||||
| Lindengate, Wendover |
10,000 | ||||
| Lost Chord, Bury St Edmunds | 7,000 | ||||
| Mind, Buckinghamshire | 6,000 | ||||
| MK Act (domestic abuse), Milton Keynes | 4,000 | ||||
| National Tremor Foundation, |
London | 5,000 | |||
| Nerve Tumours UK, London |
5,000 | ||||
| Ohmi (diasabled musicians), |
Birmingham | 5,000 | |||
| Our Special Friends, Newmarket |
4,000 | ||||
| Palz UK, Shrewsbury | 3,000 | ||||
| Paulsartori Foundation, Haverfordwest |
5,000 | ||||
| South Central Ambulance Charity, Thame |
7,000 | ||||
| Thrive, Reading | 4,000 | ||||
| Ucare (urology cancer research and education), | Abingdon | 5,000 | |||
| Unseen, Bristol |
5,000 | ||||
| West Cumbria Society for the Blind, Whitehaven |
8,000 | ||||
| Winter Night Shelter, Milton Keynes |
4,000 | ||||
| 191,000 |
| 5. | Analysis ofsupport and | governance | governance | costs | ||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Support Costs | ||||||
| Gift of land - professional | fees | 6,523 | ||||
| Bank charges | 31 | |||||
| 6,554 | ||||||
| Governance Costs |
||||||
| Auditor's remuneration |
3,000 | 3,000 | ||||
| Legal and meeting costs | 548 | 360 | ||||
| 3,548 | 9,914 | |||||
| 6. | Fixed asset investments | |||||
| 2022 | ||||||
| Market value as at 1 November | 2021 | 4,849,892 | ||||
| Reinvestment of interest |
and dividends | 216,288 | ||||
| Sales of investments | (90,000) | |||||
| Purchase of investments | 550,000 | |||||
| Net (loss) on revaluation | (478,457) | |||||
| Market value as at 31 October 2022 | 5„047,723 | |||||
| Historical cost as at 31 October | 2022 | 3,564,878 | ||||
| Investments comprise investments |
in unit trusts. |