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2023-03-31-accounts

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes tothe Financial Statements 10 to 15
Detailed Statement ofFinancial Activities 16

31/3/23 31/3/22
Unrestricted Restricted Total Total
fund fund funds funds
Notes f f f f
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 647,500 647,500 945,911
Investment
income		 (4,047) (4,047) (65,874)
Total 643,453 643,453 880,037
EXPENDITURE ON
Charitable
activities
Charitable
activities		 139,840 242,587 382,427 168,957
Net gains/(losses)
on investments		 (116,640)
NET INCOME/(EXPENDITURE) 503,613 (242,587) 261,026 594,440
Other recognised gains/(losses)
Transfer between
funds		 900,000
Net movement
in funds		 503,613 (242,587) 261,026 1,494,440
RECONCILIATION
OF FUNDS
Total funds brought forward 1,132,597 890,000 2,022,597 528,157
TOTAL FUNDS CARRIED FORWARD 1666210 647416 2 266 626 2 022 697

31/3/23 31/3/22
Notes f f
Cash flows from operating activities
Cash generated
from operations		 1,097,402 848,529
Net cash provided
by operating
activities		 1,097,402 848,529
Cash flows from investing activities
Purchase offixed asset investments
Sale offixed asset investments		 (1,039,654) (798,983)
283,357
Interest received 40,584 61
Net cash used
in investing		 activities (999,070) (515,565)
Cash flows from financing activities
New directors loans
in year		 12 13
Directors loan repayments in (212)
Accruals 1,400 700
Net cash provided
by financing
activities		 1,412 501
Change
in cash and cash equivalents		 in the
reporting
period		 99,744 333,465
Cash and cash equivalents at the beginning
ofthe reporting
period		 862,429 528,964
Cash and cash equivalents at the end of
the reporting
period		 958,162 862,429

RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31/3/23 31/3/22
f f
Net income for the reporting period (as per the Statement ofFinancial
Activities) 261,025 594,440
Adjustments
for:
Losses on investments 182,575
Interest received (40,584) (61)
Transfer to Special purposes fund 900,000
Transfer between funds 47,248
Decrease/(increase) in debtors 828,330 (828,325)
Increase
in creditors		 1,383 (100)
Net cash provided by operations 1,097,402 848,529
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1/4/22 Cash flow At 31/3/23
E f f
Net cash
Cash at bank $62,429 95,733 958,162
862,429 95,733 958,162
Debt
Debts falling due within 1year (13) (13) (26)
(13) (13) (26)
Total 862,416 95,720 95$,136

INVESTM ENT INCOME
31/3/23 31/3/22
f f
Fair value gain/loss (54,222) (65,935)
interest received 50,175 61
(4,047) (65,874)
CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
(see note costs (see
5)
f		 note 6)
f		 Totals
f
Charitable activities 345,287 37,140 382,427
GRANTS PAYABLE
31/3/23 31/3/22
f f
Charitable activities 345,287 154,000
SUPPORT COSTS
Human Governance
Management
f		 resources
f		 costs
f		 Totals
f
Charitable activities 5,940 30,000 1,200 37,140

Unrestricted Restricted Total
fund fund funds
E E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 945,911 945,911
Investment
income		 (65,874) (65,874)
Total 880,037 880,037
EXPENDITURE ON
Charitable
activities
Charitable
activities		 158,957 10,000 168,957
Net gains/(losses)
on investments		 (116,640) (116,640)
NET INCOME/(EXPENDITURE) 604,440 (10,000) 594,440
Transfer between
funds		 (900,000) 900,000
Other recognised gains/(losses)
Endowment
received		 900,000 900,000
Net movement
in funds		 604,440 890,000 1,494,440
RECONCILIATION
OF FUNDS
Total funds brought forward 528,157 528,157
TOTAL FUNDS CARRIED FORWARD 1,132,597 890,000 2,022,597
FIXEDASSET INVESTMENTS
Listed
investments
E
MARKET VALUE
At 1April 2022 333,051
Additions 1,039,654
Revaluations (54,222)
At 31March 2023 1,318,483
NET BOOK VALUE
At 31March 2023 1,31&,4&3
At 31March 2022 333,051
There were no investment assets outside the UK.

9. FIXEDASSET FIXEDASSET INVESTMENTS - continued INVESTMENTS - continued INVESTMENTS - continued INVESTMENTS - continued INVESTMENTS - continued INVESTMENTS - continued
Cost or valuation at 31 March 2023 is represented by:
Listed
investments
f
Valuation
in		 2023 1,318,483
10. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
E f
Other debtors 828,330
Prepayments and accrued income 9,591
9,591 828,330
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
f E
Other loans (see note 12) 26 13
Accrued expenses 2,587 1,200
2,613 1.213
12. LOANS
An analysis of the maturity of loans is given below:
31/3/23 31/3/22
E f
Amounts
falling due within		 one year on demand:
Loan from director 26 13
13. MOVEMENT IN FUNDS
Net
movement At
At 1/4/22 in funds 31/3/23
E f E
Unrestricted funds
General fund 1,132,597 503,613 1,636,210
Restricted funds
Special purposes fund 890,000 (242,587) 647,413
TOTAL FUNDS 2,022,597 261,026 2,283,623

Incoming Resources Movement
resources
f		 expended
f		 in funds
f
Unrestricted
funds
General fund 643,453 (139,840) 503,613
Restricted funds
Special purposes fund (242,587) (242,587)
TOTAL FUNDS 643,453 (382,427) 261,026
Net Transfers
movement between At
At 1/4/21 in funds funds 31/3/22
f f f f
Unrestricted funds
General fund 528,157 1,504,440 (900,000) 1,132,597
Restricted funds
Special purposes fund (10,000) 900,000 890,000
TOTAL FUNDS 528,157 1,494,440 2,022,597
Incoming Resources Gains and Movement
resources
f		 expended
f		 losses
f		 in funds
f
Unrestricted
funds
General fund 880,037 (158,957) 783,360 1,504,440
Restricted funds
Special purposes fund (10,000) (10,000)
TOTAL FUNDS 880,037 (168,957) 783,360 1,494,440

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31March 2023
31/3/23 31/3/22
E E
INCOME AND ENDOWMENTS
Donations
and		 legacies
Donations
and		 gifts 647,500 945,911
Investment
income
Fair value gain/loss (54,222) (65,935)
interest received 50,175 61
(4,047) (65,874)
Tota I incoming resources 643,453 880,037
EXPENDITURE
Charitable
activities
Grants to institutions 345,287 154,000
Support costs
Management
Administration 5,940 12,850
Sundries 228
5,940 13,078
Human
resources
Philanthropy consultancy 30,000
Other
Wrap charges 978
Governance
costs
Accountancy and legal fees 1,200 901
Total resources expended 382,427 168,957
Net income before gains and losses 261,026 711,080
Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments (116,640)
Net income 261,026 594,440