| Total | Total | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| Year ended 31 | Year ended | ||||
| December | 31 December | ||||
| Note | 2022f | 2021f | |||
| Income and endowments | from; | ||||
| Other trading activities |
876 | 1,959 | |||
| Donations | 23,757 | 44,301 | |||
| Income from investments | 4 | 20,416 | 18,608 | ||
| Total income | 45,049 | 64,868 | |||
| Expenditure on: |
|||||
| Raising funds | (6,384) | (6,923) | |||
| Charitable activities |
(102,549) | (114,581) | |||
| Total expenditure | (108,933) | (121,504) | |||
| Net (losses)/gains | on investments | (51,899) | 87,402 | ||
| Net expenditure | (160,832) | (34,102) | |||
| Net movement in |
funds | (115,783) | 30,766 | ||
| Reconciliation of |
funds: | ||||
| Total funds brought | forward | 776,880 | 746,114 | ||
| Total funds carried forward | 661,097 | 776,880 |
| 31 December | 31December | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Note | |||||
| Fixed assets | |||||
| Investments | 7 | 657,264 | 789,746 | ||
| Total fixed assets | 657,264 | 789,746 | |||
| Current assets | |||||
| Debtors | 1,287 | 2,669 | |||
| Cash at bank | and in | hand | 7,546 | 14,465 | |
| Total current | assets | 8,833 | 17,134 | ||
| Liabilities | |||||
| Creditors - amounts | falling due within one year | 9 | (5,000) | (30,000) | |
| Net current assets/(liabilities) | 3,833 | (12,866) | |||
| Total net assets | 661,097 | 776,880 | |||
| The funds ofthe charity: | |||||
| Unrestricted | funds | 661,097 | 776,880 | ||
| Total charity | funds | 661,097 | 776,880 |
| Year Ended | Year Ended | |||||
|---|---|---|---|---|---|---|
| 31 December | 31 December | |||||
| 2022 | 2021 | |||||
| Income from investments: | E | E | ||||
| Dividends | received from short term investments | 20,416 | 18,608 | |||
| 20,416 | 18,608 | |||||
| 5 | Expenditure | on raising funds | ||||
| Year Ended 31 December 2022 |
Year Ended 31 December 2021 |
|||||
| Expenditure | incurred | raising funds: | E | |||
| Investment | managers' | fees | 5,999 | 6,499 | ||
| Just Giving | Fees | 385 | 424 | |||
| 6,384 | 6,923 |
| Expenditur | e on |
char | itable | activit | ies | |||
|---|---|---|---|---|---|---|---|---|
| 2022 I3eneftciary |
Commitment at 1 January 2022 f |
Total funds committed to in the year E |
Funds paid during the year E |
Commitment at 31 December 2022 |
||||
| Class 13 | 10,000 | (10,000) | ||||||
| Coram's Fields | 11,694 | (11,694) | ||||||
| It's Your Life | 5,280 | (5,280) | ||||||
| Key4Life | 5,355 | (5,355) | ||||||
| The Lighthouse | London Community | Trust | 10,000 | (10,000) | ||||
| The Midi Music | Company | 5,000 | 10,000 | (10,000) | 5,000 | |||
| The Ministry of | Stories | 5,000 | (5,000) | |||||
| Nightingale Community |
Academy | 13,242 | (13,242) | |||||
| Queen Mary University |
8,478 | (8,478) | ||||||
| Regenerate | 5,000 | (5,000) | ||||||
| Scene & Heard | 5,000 | (5,000) | ||||||
| The Southside | Young | I eaders Academy | 10,000 | (10,000) | ||||
| Spiral Skills CIC | 5,000 | (5,000) | ||||||
| St Giles Trust | 5,000 | (5,000) | ||||||
| Switchback | 10,000 | (10,000) | ||||||
| Team Up for Social Mobility | Ltd | 8500 | (8,500) | |||||
| 30,000 | 102,549 | (127,549) | 5,000 |
| 2021 | Commitment at 1 January 2021 |
Commitment at 1 January 2021 |
Total funds committed to in the year |
Funds paid during the year |
Commitment at 31 December 2021 |
||||
|---|---|---|---|---|---|---|---|---|---|
| Beneficiary | F | ||||||||
| Class 13 | 10,000 | 10,000 | |||||||
| Coram's Fields |
10,000 | (10,000) | |||||||
| Key4Life | 5,000 | (5,000) | |||||||
| The Lighthouse Trust |
London | Community | 10,000 | (10,000) | |||||
| The Midi Music | Company | 5,000 | 10,000 | (10,000) | 5,000 | ||||
| The Ministry of | Stories | 5,000 | (5,000) | ||||||
| Nightingale Community |
Academy | 10,000 | (10,000) | ||||||
| Queen Mary University |
5,181 | (5,181) | |||||||
| The Real Action | Trust | 5,000 | (5,000) | ||||||
| Regenerate | 5,000 | (5,000) | |||||||
| The Salmon Youth Centre | 5,000 | (5,000) | |||||||
| Scene 8 Heard | 5,000 | (5,000) | |||||||
| The Southside | Young Leaders Academy | 10,000 | (10,000) | ||||||
| Spiral Skills CIC | 10,000 | (5,000) | 5,000 | ||||||
| Switchback | 10,000 | 10,000 | |||||||
| Team Up for Social Mobility | Ltd | 5,000 | (5,000) | ||||||
| Transition UK |
4,400 | (4,400) | |||||||
| Wave Trust | 10,000 | 10000 | |||||||
| 25,000 | 114,581 | (109,581) | 30,000 | ||||||
| Year Ended | Year Ended | ||||||||
| 31December | 31 December | ||||||||
| 2022 | 2021 | ||||||||
| Grants made in | the year | 102,549 | 114,581 |
| d in the Stat |
ement of | Financial Activitie | s as they | are incurred. | |
|---|---|---|---|---|---|
| Year Ended | Year Ended | ||||
| 31 December | 31 December | ||||
| Valuation | 2022f | 2021 5 |
|||
| Market value | at 1 January | 760,128 | 708,343 | ||
| Additions at cost |
287,951 | 103,149 | |||
| Disposals at |
market value | (350,936) | (138,766) | ||
| Realised and | unrealised | (losses)/gains) | on | ||
| investment assets |
51 898 | 87402 | |||
| Market value | as at 31 December | 645,245 | 760,128 | ||
| Investments at historic |
cost | ~80485 | 565 50~ | ||
| 31 December | 31 December | ||||
| 2022 | 2021 | ||||
| 6 | 8 | ||||
| Investments above are |
held in: | ||||
| Cash investments | 12,019 | 29,618 | |||
| Bonds, funds, | property | and equities | 645,245 | 760,128 | |
| 657,264 | 789,746 | ||||
| 31 December | 31 December | ||||
| 2022 | 2021 | ||||
| E | 8 | ||||
| Investments | in the portfolio consist of: | ||||
| UK bonds | 49,190 | 43,904 | |||
| Non-UK bonds | 15,861 | 28,876 | |||
| UK diversifiers | 85,746 | 66,207 | |||
| Fixed income | funds | 38,540 | 55,946 | ||
| UK equities | 248,471 | 290,467 | |||
| Property funds Non-UK equities |
21,887 185,550 |
39,105 23'623 |
|||
| Non-cash investments |
645,245 | 760,128 | |||
| Cash held in |
investment | portfolio | 12,019 | 29,618 | |
| 657,264 | 789,746 |
| 8 | Debtors | |||||
|---|---|---|---|---|---|---|
| 31 December | 31 December | |||||
| 2022f | 2021 6 |
|||||
| Tax recoverable | on gift aid donations | 1,287 | 2,669 | |||
| 1,287 | 2,669 | |||||
| 9 | Creditors | - amounts | falling due within one year | |||
| Grants | committed | Year Ended | Year Ended | |||
| 31 December 2022 | 31 December 2021 | |||||
| 6 | ||||||
| Opening | balance | 30,000 | 25,000 | |||
| Amounts | charged | to | SOFA | 102,549 | 114,581 | |
| Amounts | paid during | the year | (127,549) | (109,581) | ||
| Closing | balance | 5,000 | 30,000 | |||
| 31 December 2022 | 31 December 2021 | |||||
| 6 | ||||||
| Compdsing: | ||||||
| Current | portion due within one year | 5,000 | 30,000 | |||
| 5,000 | 30,000 |