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2023-04-05-accounts

Page
General information 2
Report ofthe trustees 3-6
Statement oftrustees' responsibilities 7
Independent Examiner's report 8
Statement offinancial activities 9
Balance sheet 10
Accounting policies 10 - 14
Notes to the financial statements 15 - 17

Trustees Lynne Helen Smitham
Peter Smitham
Andrea Jackson
Accountant Handelsbanken Wealth & Asset Management
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS
Independent Examiners Mrs K Whiley
BKM Accounting Services
5 Ashdown Chase
Nutley
East Sussex
TN22 3LY
Principal Office 77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS
Registered charity number 1107730

Unrestricted Expendable Total Total
Income endowment this period last year
Note Fund Fund 2023 2022
£ £ £ £
Incoming resources
Donations and legacies 1 496,400
Investment income 2 79,315 79,315 61,145
Other income 3 37,783 37,783 22,014
Total incoming resources 117,098 117,098 579,559
Resourses expended
Charitable activities
Provision of health, education and empowerment
programs forwomen and girls, research and
awareness building of gender equality and
impactful philanthropy both nationally and overseas.
Grants made 4 653,356 653,356 211,271
Other 5 67,120 67,120 53,882
Total resources expended 720,477 720,477 265,153
Net incoming/(outgoing) resources (603,378) (603,378) 314,406
before transfers
Gross transfers between funds
Net income/(outgoing) resources before (603,378) (603,378) 314,406
other recognised gains and losses
Other recognised gains and losses
,I
(Losses)/gains on investment assets (332,960) (332,960) 51,267
Net movements in funds (603,378) (332,960) (936,338) 365,673
Fund balance broughtforward 1,789,985 4,715,542 6,505,527 6,139,854
**Fund balance carried forward at 5 April ** 2023 1,186,607 4,382,582 5,569,189 6,505,527

Unrestricted Endowment Total Total
Fund Fund this period last year
Notes 2023 2022
Fixed assets £ £
Investment at market value 7 3,836,210 3,836,210 5,882,832
Current assets
Debtors 8
Cash at bank 1,197,051 546,372 1,743,424 626,295
Current liablities
Creditors: amounts falling due 9 (10,444) (10,444) (3,600)
within one year
Net current assets 1,186,607 4,382,582 1,732,980 622,695
Net assets 1,186,607 4,382,582 5,569,189 6,505,527
Funds
Expendable endowment fund 10 4,382,582 4,715,542
Unrestricted income fund 10 1,186,607 1,789,985
5,569,189 6,505,527

2023 2022
£ £
2 Investment income
Deposit account interest 5,952 49
Other fixed asset investment 73,363 61,096
79,315 61,145
3 Other income
Exchange rate gain 37,783 22,014

Provision of health, education and empowerment programs forwomen and
girls, and research and awareness building of gender equality and impactful
philanthropy both nationally and overseas 653,356 211,271
lmkaan 15,000
Fawcett Society 15,000
Impact Foundation 495,712
The Philanthropy Workshop 1,000
VOW for Girls 4,194
The Women's Budget Group 122,450 20,000
Dasra - adolescent girls empowerment program 73,000
Population Services International 73,271
The Institute of Philanthropy 15,000
Women's Resource Centre 15,000
: Rosa 15,000
653,356 211,271

2023 2022
£ £
5 Support costs
Other resources expended 67,120 53,882
Management
Travel 434
Education & Training 2,798
Independent examination 450 1,200
Accountancy for 2021/22 1,872
Accountancy for 2022/23 4,800
Secretarial examination 12,100 11,172
IT expenses 413
Post 378 713
Other expenses 3,435 1,594
Consultancy 40,854 38,790
67,120 53,882

Analysis of Investment Mkt Value Mkt Value
at year end at year end
3,822,103.40 Hb Balanced Multi Asset Fund D Inc 3,822,103 5,453,692
Portfolio cash 14,107 429,141
Total 3,836,210 5,882,833
The historic cost ofthese investmentswas £3,694,719 (2022: £5,033,493)
Market value
Carrying (market) value at beginning ofyear 5,453,692 5,402,425
Add Additions at cost
Less disposals at carry value 1,298,629
Add/{deduct) net gain/(loss) on revaluation (332,960) 51,267
Carrying (market) value at end of year 3,822,103 5,453,692
14

9 Creditors: amount falling due within one year
Other creditors 3,600
Reimbursement to trustees 5,194
Independent examinersfee 450
Accountancyfee 4,800
10,444 3,600
0 Movement in Funds
At Net At
06-Apr-22 Movement 05-Apr-23
£ in funds £
Unrestricted funds
General fund 1,789,985 (603,378) 1,186,607
Endowment Funds
Expendable endowment 4,715,542 (332,960) 4,382,582
6,505,527 (936,338) 5,569,189
At Income Expenditure Gains losses At
06-Apr-22 & transfers 05-Apr-23
£ £ £ £ £
Expendable endowment funds 4,715,542 (332,960) 4,382,582
Unrestricted funds 1,789,985 117,098 (720,477) 1,186,607
6,505,527 117,098 (720,477) (332,960) 5,569,189
At Income Expenditure Gains losses At
06-Apr-21 & transfers 05-Apr-22
: £ £ £ £ £
Expendable endowment funds 4,167,875 496,400 51,267 4,715,542
Unrestricted funds 1,971,979 83,159 (265,153) 1,789,985
6,139,854 579,559 (265,153) 51,267 6,505,527