| Contents | Page | ||
|---|---|---|---|
| The Trust, the Trustees | and | their advisers | |
| Trustees' report |
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| Report ofthe Independent | Examiner | ||
| Statement offinancial |
activities | 10 | |
| Balance sheet | |||
| Notes to the financial | statements | 12 |
| Year ended | Year ended | Year ended | Year ended | |||
|---|---|---|---|---|---|---|
| 31March | 2023 | 31March | 2022 | |||
| Notes | f | E | f | f | ||
| Income from: | ||||||
| Donations | 950,000 | 50,000 | ||||
| Investments | 1,269 | 5,790 | ||||
| Total | 951,269 | 55,790 | ||||
| Expenditure on: |
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| Casts ofgenerating | funds: | |||||
| Investment expenses |
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| Charitable activities: |
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| Grants | 7 | 100,000 | 10,500 | |||
| Administrative costs |
8 | 1,165 | 955 | |||
| Total | (101,165) | (11,455) | ||||
| Net (loss)/income | before | |||||
| investment gains/ |
(losses) | 850,104 | 44,335 | |||
| Net gains/(losses) | on | |||||
| investments | 23,723 | 4,068 | ||||
| Net movement in |
the Trust's | |||||
| funds for the financial year | 873,827 | 48,403 | ||||
| Reconciliation of | the Trust's | funds | ||||
| Funds brought forward |
318,634 | 270,231 | ||||
| Net movement for the year |
873,827 | 48,403 | ||||
| Funds carried forward | 1,192,461 | 318,634 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| f | f | |||||
| Dividends | from equities | and equity funds | 461 | 4,788 | ||
| Interest | income from fixed interest securities, | net | ||||
| of reduction | in accrued interest | (183) | 961 | |||
| Interest on | cash deposits | 991 | 41 | |||
| 1,269 | 5,790 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| f | f | ||||||
| Community | Foundation | for Lancashire | and | ||||
| Merseyside | 100,000 | ||||||
| 3H Fund | 1,500 | ||||||
| Barnabus | 1,500 | ||||||
| EP Youth | 1,500 | ||||||
| Kidzclub Leeds | 1,500 | ||||||
| Narthex | 1,500 | ||||||
| The Magdalene | Group | 1,500 | |||||
| Y Kids | 1,500 | ||||||
| 100,000 | 10,500 | ||||||
| 8. | Administrative | expenses | |||||
| 2023 | 2022 | ||||||
| f | f | ||||||
| Administrative | expenses | 265 | 235 | ||||
| Fees ofthe | Independent | Examiner | 900 | 720 | |||
| 1,165 | 955 |
| Value at | Change in |
Value at | |||||
|---|---|---|---|---|---|---|---|
| 1April | Purchases | Sales | market | 31March | |||
| 2022 | at cost | proceeds | value | 2023 | |||
| f | f | f | f | f | |||
| Corporate | bonds | ||||||
| and bond | fund | 27,163 | (26,908) | (255) | |||
| Listed equities | and | ||||||
| equity funds | 89,180 | (88,531) | (649) | ||||
| Listed property | and | ||||||
| infrastructure | |||||||
| funds | 25,768 | (25,085) | (683) | ||||
| Diversified | Growth | ||||||
| Fund | 900,000 | 25,310 | 925,310 | ||||
| 142,111 | 900,000 | (140,524) | 23,723 | 925,310 | |||
| Cash | 101,082 | 56,836 | |||||
| 243,193 | 982,146 |
| %oftotal | ||||||
|---|---|---|---|---|---|---|
| Holding | Value | investments | ||||
| Diversified Investment |
Growth Fund |
Fund | —CCLA | Ethical | 925,310 | 94.2 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| f | f | ||||||
| Redmayne Bentley deposit |
account | 69,246 | |||||
| CCLA COIF Charities | Deposit Fund | 56,836 | 31,836 | ||||
| 56,836 | 101,082 | ||||||
| The yield on the | CCLA COIF Charities | Deposit fund | increased | over the year | |||
| from 0.52% p.a. | at 1April 2022 to 3.96% | p.a. at 31 | March 2023. Cash held | ||||
| within the fund | is available | on immediate | notice. | ||||
| Debtors: Accrued income | |||||||
| 2023 | 2022 | ||||||
| f | f | ||||||
| Donations receivable |
200,000 | ||||||
| Accrued interest | receivable | 230 | |||||
| 200,000 | 230 | ||||||
| Cash at bank and in | transit | ||||||
| 2023 | 2022 | ||||||
| f | f | ||||||
| The Co-operative Bank |
11,935 | 50,440 | |||||
| Cash in transit | 25,534 | ||||||
| 11,935 | 75,874 | ||||||
| Liabilities: Accruals | |||||||
| 2023 | 2022 | ||||||
| f | f | ||||||
| Accruals for administrative | expenses | 1,620 | 763 | ||||
| 1,620 | 600 |
| believe that no further d(sclosures relaC(ng to the charity's ab(llty to |
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|---|---|---|---|---|
| conC(nue as a going concern need to be made In the flnancia( statemenCs. |
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| We have reached this conc(us(on hav(ng regard Co circumsCances which may |
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| occur during a perfod ofat least one year from the date ofapproval of Che |
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| f(nanclai statements. | ||||
| Lavv | and regulations | |||
| 5 | We are not aware of any Irregularities, (ncludlng fraud, Involving management or employees of the charity; nor are we aware of any |
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| breaches or possible breaches of sCatute, regulations, contracts, |
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| agreements or the charity's govern(ng documenC which might prejudice the |
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| char(ty's go(ng concern sCaCus or that m(ght result In the char(ty suffering s(gn(ficant penalties or other loss. No al(egatlons of such irregularltfes, |
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| including fraud, or such breaches have come to our notice from any source. |
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| Accountfnp policies and preparation ofthe accounts |
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| 6 | We confirm that the accounting policies adopted by the charity are |
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| appropriate and adequately disclosed. The accounts, which have been draRed by your firm, have been prepared (n accordance w(Ch these policies and we conf((m that the journals andjudgements are conslstenC and have our approvai. The accounting est(mates used in preparation ofthe accounts are in accordance with our best judgment and we bel(eve them to be |
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| reasonab(e and prudent. |
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| Bank accounts | ||||
| 7 | We conf(rm that we have disclosed all bank accounis and cash holdings In |
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| our control to you, and that all transactions Chrough those accounts and balances on them at the balance sheet date are adequately reflecCed (n the |
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| accounting records and the financial statements. We have no (oan or |
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| overdraR feei((ties w(th any bank. |
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| Liabilities | ||||
| 8 | There are no oCher cred(Cora or liabiliC(es that should be included on the |
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| balance sheet, or contingent liabll(ties requiring disclosure In the noCes to |
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| Che financial statements. | ||||
| Transactions with related parties g M ttaflsactfona ydth naiCdedpatthaa bsldt'bean d(ssldsad ln the flnandal statement wa . -- s twf(cfafff(gab( have made available to you all relevant Information concerning such ratatlonshlps and any daauoeaUQoandaxpassas, transactions and are not aware of any other matters which require disclosure In order to asnasoaoas comply wtth the requirements of the Charltlas Act 2011or accounting standards. |
esppnsdateytwaae andrslslsdpany |
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| Post-balance sheet events |
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| 10 | There have been no events since the balance sheet date which necess(Cate |
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| revision of the figures Included in the financial statements or Inc(us(on ofa |
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| note thereto. Should further maCerial events occur, which may necessitate |
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| revision of the f(gures inc(uded In the financ(al statements or inclusion ofa |
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| note thereCo, we w(ll advise you accord(ngly. |