| for the year ended 3 | 1 O | ctober 2023 | ||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Notes | ||||||
| Unrestricted | Unrestricted | |||||
| Income | ||||||
| Donations and legacies: | ||||||
| - Donation | 550,000 | |||||
| - Profit on sale ofgifted land | 115,194 | |||||
| - Gift aid | 137,500 | |||||
| Investmentincome: | ||||||
| —Unit trust distributions | 280,056 | 216,288 | ||||
| - Dividend and interest |
income | 11,311 | 205 | |||
| Otherincome: | ||||||
| - Farming income |
12,574 | |||||
| Total income | 428,867 | 894,261 | ||||
| Expenditure | ||||||
| Charitable activities: |
||||||
| Grants and donations | 254,000 | 191,000 | ||||
| Investment management |
costs | 33,480 | 27,997 | |||
| Support and governance | costs | 3,436 | 3,548 | |||
| Total expenditure | 290,916 | 222,545 | ||||
| Net (loss)/gain on investments |
(47,819) | (450,460) | ||||
| Net income/(loss) and net movement funds |
in | 90,132 | 221,256 | |||
| Reconciliation offunds |
||||||
| Funds at 1 November | 2022 | 5,879,298 | 5,658,042 | |||
| Funds at 31 October 2023 | 5,969,430 | 5,879,298 |
| Balance sheet | ||||
|---|---|---|---|---|
| as at 31 October 2023 | ||||
| 2023 | 2022 | |||
| Notes | E | |||
| Fixed assets | ||||
| Investments | 5,855,695 | 5,047,723 | ||
| Current assets | ||||
| Cash at bank and | in hand | 117,035 | 834,575 | |
| Total current assets | 117,035 | 834,575 | ||
| Liabilities | ||||
| Creditors falling due within one year |
(3,300) | (3,000) | ||
| Net current assets | 113,735 | 831,575 | ||
| Net assets | 5,969,430 | 5,879,298 | ||
| The funds ofthe | charity | |||
| Unrestricted income funds |
5,969,430 | 5,879,298 |
| tatement ofcash flows or the year ended 31 October 2023 |
||
|---|---|---|
| 2023 | 2022 | |
| E | ||
| Net movementin funds |
90,132 | 221,256 |
| Adjustments for: |
||
| Loss/(gain) on investments |
47,819 | 450,460 |
| Profit on sale of land | (115,194) | |
| Net proceeds on sale of land | 915,194 | |
| Operating cash flows before movements in working capital |
137,951 | 1,471,716 |
| Increase/(decrease) in creditors |
300 | |
| Net cash generated from operating activities |
138,251 | 1,471,716 |
| Cash flows frominvesting activities |
||
| Reinvestment of unit trust |
||
| distributions and investment |
||
| income, net offees | (255,791) | (188,291) |
| Sales of investments | 90,000 | |
| Purchase of investments |
(600,000) | (550,000) |
| Cash used in investing activities |
(855,791) | (648,291) |
| Change in cash and cash equivalents in the year |
(717,540) | 823,425 |
| Cash and cash equivalents brought forward |
834,575 | 11,150 |
| Cash and cash equivalents carried forward |
117,035 | 834,575 |
| 2023 | 2022 | ||
|---|---|---|---|
| E | |||
| Unit trust | distributions | 280,056 | 216,288 |
| Dividend | and interest income | 11311 | 205 |
| 291,367 | 216,493 |
| 4. | Analysis of grants |
|||
|---|---|---|---|---|
| An analysis of grants awarded is |
as follows: | |||
| 2023 | 2022 | |||
| Grants to Institutions 33(2022: |
34) | 254,000 | 191,000 | |
| Organisation | E | |||
| Action4Youth, Aylesbury |
25,000 | |||
| Anne Robson Trust | 6,000 | |||
| Assistance Dog Assessment |
Association | 2,000 | ||
| Aylesbury Women's Aid |
6,000 | |||
| Bedford MS Therapy Centre |
7,000 | |||
| Camphill Milton Keynes Communities |
10,000 | |||
| Chiltern Open Air Museum, Chalfont |
5,000 | |||
| Chilterns MS Therapy Centre |
10,000 | |||
| Disability Law Service, London |
5,000 | |||
| Dr Vance Spence | 3,000 | |||
| Enrych, Buckinghamshire | 6,000 | |||
| Enrych, Oxfordshire | 3,000 | |||
| Follyfoot Healing with Horses |
6,000 | |||
| Great Oaks | 6,000 | |||
| Helen Arkell Dyslexia Charity, | Farnham | 15,000 | ||
| Huntington's Disease Association |
2,000 | |||
| Lindengate, mental health charity, Wendover |
25,000 | |||
| Maytree | 4,000 | |||
| Mind Over Mountains | 6,000 | |||
| MK Snap, Milton Keynes | 20,000 | |||
| MS Therapy Centre (NW), Manchester |
5,000 | |||
| National Paralympic Heritage |
Trust | 4,000 | ||
| Oakfield Community |
7,000 | |||
| Rainbow Living, Exeter |
10,000 | |||
| Suicide 5 Co | 4,000 | |||
| Support Dogs, Sheffield | 5,000 | |||
| The Gold Standards Framework |
5,000 | |||
| The Princes Centre | 5,000 | |||
| The University of Buckingham |
16,000 | |||
| Thrive, Reading | 5,000 | |||
| Waterloo Community Counselling |
5,000 | |||
| Wendover Dementia Support |
6,000 | |||
| Willen Hospice, Milton Keynes |
5,000 | |||
| 254,000 |
| 5. | Analysis ofsupport | and governance | and governance | costs | |||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| E | |||||||
| Governance Costs |
|||||||
| Auditor's remuneration |
3,300 | 3,000 | |||||
| Legal and meeting costs | 136 | 548 | |||||
| 3,436 | 3,548 | ||||||
| 6. | Fixed asset investments | ||||||
| 2023 | |||||||
| E | |||||||
| Market value as at 1 | November | 2022 | 5,047,723 | ||||
| Reinvestment of interest and dividends |
289,271 | ||||||
| Sales of investments | |||||||
| Purchase of investments |
600,000 | ||||||
| Fees charged | (33,480) | ||||||
| Net (loss) on revaluation | (47,819) | ||||||
| Market value as at 31 October 2023 | 5,855,695 | ||||||
| Historical cost as at 31 October | 2023 | 4,443,451 | |||||
| Investments comprise |
investments | in unit trusts and an investment | portfolio managed | by | |||
| Rathbones. | |||||||
| 7. | Creditors falling due |
within one | year | ||||
| 2023 | 2022 | ||||||
| E | |||||||
| Accruals | 3,300 | 3,000 |