2022-12-31-accounts - Peter Lang Children's Trust

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			Page
Report ofthe Trustees		1	to	9
Independent Examiner's	Report		10
Statement ofFinancial	Activities
Balance Sheet		12	to	13
Notes to the Financial Statements		14	to	19
Detailed Statement ofFinancial Activities		20	to	21

						2022	2021
				Unrestricted	Restricted	Total	Total
				fund	fund	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Investment income				73,429		73,429	72,695
EXPENDITURE ON
Raising funds				4,072		4,072	3,947
Charitable activities
Grant				445,374		445,374	451,438
Total				449,446		449,446	455,385
Net gains/(losses) on investments				(419,752)		(419,752)	455,863
NET INCOME/(EXPENDITURE)				(795,769)		(795,769)	73 173
RECONCILIATION	OF FUNDS
Total funds brought forward				3,738,239		3,738,239	3,665,066
TOTAL I"UNDS CARRIED FORWARD				2,942,470		2,942,470	3,738,239

				2022	2021
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets	8	720		720	960
Investments	9	2,717,183		2,717,183	3,511,542
		2,717,903		2,717,903	3,512,502
CURRENT ASSETS
Debtors	10	202,727		202,727	201,865
Cash at bank and in hand		26,485		26,485	28,690
		229,212		229,212	230,555
CREDITORS
Amounts falling due within one year		(4,645)		(4,645)	(4,818)
NKT CURRENT ASSETS		224,567		224,567	225,737
TOTAL ASSETSLESSCURRENT
LIABILITIES		2,942,470		2,942,470	3,738,239
NKT ASSETS		2,942,470		2,942,470	3,738,239
FUNDS	12
Unrestricted funds:
General fund				2,942,470	3,738,239
TOTAL FUNDS				2,942,470	3,738,239

					2022	2021
	Interest received				7,194	4,953
	Dividends				66,235	67,742
					73,429	72,695
3.	RAISING FUNDS
	INVK&STMENT	MANAGEMENT		COSTS
					2022	2021
	Other operating	leases			4,072	3,947
4.	NE&TINCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):
					2022	2021
	Independent Examiners		Fees		4,512	4,278
	Depreciation -owned assets				240	319
	Other operating	leases			4,072	3,947

	COMPARATIVKS FOR THK STATEMENT	COMPARATIVKS FOR THK STATEMENT	COMPARATIVKS FOR THK STATEMENT	OFFINANCIAL	ACTIVITIES
					Unrestricted	Restricted	Total
					fund	fund	funcls
						E
	INCOME AND ENDOWMENTS		FROM
	Investment income				72,695		72,695
	EXPENDITURE ON
	Raising funds				3,947		3,947
	Charitable activities
	Grant				451,438		451,438
	Total				455,385		455,385
	Net gains on investments				455,863		455,863
	NKT INCOME				73,173		73,173
	RECONCILIATION	OF FUNDS
	Total funds brought forward				3,665,066		3,665,066
	TOTAL FUNDS CARRIED FORWARD				3,738,239		3,738,239
8.	TANGIBLE FIXEDASSETS
					Fixtures
				Plant and	ancl	Computer
				machinery	fittings	equipment	Totals
	COST
	At 1 January 2022 and	31December	2022	10,717	51,617	4,325	66,659
	DEPRECIATION
	At 1 January 2022			10,717	50,877	4,105	65,699
	Charge for year				185	55	240
	At 31December 2022			10,717	51,062	4,160	65,939
	NKT BOOI&VALUE
	At 31December 2022				555	165	720
	At 31December 2021				740	220	960

10.	DEBTORS:	AMOUNTS FALLING DUK W	ITHIN ONE YEAR
				2022	2021
	Other debtors			879	799
	Time deposits			200,830	200,048
	Prepayments			1,018	1,018
				202,727	201,865
11.	CREDITORS: AMOUNTS FALLING DUK		WITHIN ONE YEAR
				2022	2021
	Social security	and other taxes		133	540
	Accrued expenses			4,512	4,278
				4,645	4,818
12.	MOVEMKNT IN FUNDS
				Net
				movement	At
			At 1,1,22	in funds	31.12.22
	Unrestricted	funds
	General fund		3,738,239	(795,769)	2,942,470
	TOTAL FUNDS		3,738,239	(795,769)	2,942,470

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		72,695	(455,385)	455,863	73,173
TOTAL FUNDS		72,695	(455,385)	455,863	73,173

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		146,124	(904,831)	36,111	(722,596)
TOTAL FUNDS		146,124	(904,831)	36,111	(722,596)

			2022	2021
INCOME AND ENDOWMENTS
Investment income
Interest received			7,194	4,953
Dividends			66,235	67,742
			73,429	72,695
Total incoming resources			73,429	72,695
EXPENDITURE
Investment management		costs
Other operating leases			4,072	3,947
Charitable activities
Grants to institutions			389,938	400,135
Grants to individuals			7,620
			397,558	400,135
Support costs
Governance costs
Wages			17,190	16,950
Social security			(302)
Pensions			766	673
Independent Examiners Fees			4,512	4,278
Rates and water			148	148
Insurance			422	408
Telephone			786	1,144
Postage and stationery			54	22
Sundries				75
Legal fees			23,456	26,152
Travelling and subsistence			45	226
Computer expense			495	795
Bank charges			84	84
Foreign exchange gain/loss			(80)	28
Fixtures and fittings			185	247
Computer equipment			55	73
			47,816	51,303
Total resources expended			449,446	455,385
Net expenditure before gains and losses			(376,017)	(382,690)
Realised recognised	gains	and losses
Realised gains/(losses)	on fixed asset investments		(98,562)	84,728
Carried forward			(474,579)	(297,962)

Realised recognised gains and losses	Realised recognised gains and losses
Brought forward
Unrealised gains/(losses)	on fixed asset
investments