##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||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|
##
##
##