2023-12-31-accounts - Csis Charity Fund

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		Page
Reference and Administrative Details		1
Chair's Statement		2
Report of the Trustees		3
Report of the Independent Auditors	4	to	6
Statement of Financial Activities		7
Balance Sheet		8
Notes to the Financial Statements	9	to	15
Detailed Statement of Financial Activities		16

TRUSTEES	I C Albert
	C C Birch
	C R Cochrane
	M Duggan
	R E Flanigan
	G I A Glasener−Cipollone
	R Gooch
	S Park
	C Smith
	D 3 Terry Chair
	M B Jeffrey (resigned 20.9.23)
	A Pampos (resigned 12.5.23)
	S Bundock (deceased 17.8.23)
COMPANY SECRETARY	K M Holliday
REGISTERED OFFICE	1st Floor
	Gail House
	Lower Stone Street
	Maidstone
	Kent
	ME15 6NB
REGISTERED COMPANY NUMBER	06414570 (England and Wales)
REGISTERED CHARITY NUMBER	1121671
INDEPENDENT AUDITORS	Deeks Evans Audit Services Limited
	Registered Auditors
	Chartered Accountants
	First Floor, West Barn
	North Frith Farm, Ashes Lane
	Hadlow
	Tonbridge
	Kent
	TN11 9QU
SOLICITORS	Gill, Turner & Tucker
	Colman House
	maidstone
	Kent
	ME14 1JE
INVESTMENT MANAGERS	BlackRock Investment Management (UK)
	Limited
	12 Throgmorton Avenue
	London
	EC2N 2DL
	Savills Investment Management (UK)
	Limited
	33 Margaret Street
	London
	W1G OJD

		2023	2022
		Unrestricted	Total
		fund	funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies		226,933	266,322
Investment income	2	38,864	35,000
Total		265,797	301,322
EXPENDITURE ON
Charitable activities
Grants		356,985	302,744
Other		39,724	52,277
Total		396,709	355,021
Net gains/(losses) on investments		7,482	(106,329)
NET INCOME/(EXPENDITURE)		(123,430)	(160,028)
RECONCILIATION OF FUNDS
Total funds brought forward		1,192,181	1,352,209
TOTAL FUNDS CARRIED FORWARD		1,068,751	1,192,181

		2023	2022
		Unrestricted	Total
		fund	funds
	Notes
FIXED ASSETS
Investments	7	813,791	926,309
CURRENT ASSETS
Debtors		211,610	246,945
Cash at bank		48,150	28,336
		259,760	275,281
CREDITORS
Amounts falling due within one year	8	(4,800)	(9,409)
NET CURRENT ASSETS		254,960	265,872
TOTAL ASSETS LESS CURRENT LIABILITIES		1,068,751	1,192,181
NET ASSETS		1,068,751	1,192,181
FUNDS	9
Unrestricted funds		1,068,751	1,192,181
TOTAL FUNDS		1,068,751	1,192,181

2.	INVESTMENT INCOME
		2023	2022
	investment income	38,864	35,000
3.	GRANTS PAYABLE
		2023	2022
	Grants	356,985	302,744

Grants paid to other charities in 2023
	2023
	£
BT Benevolent Fund	25,000
General welfare grants including Winter Fuel payments.
Civil Service Retirement Fellowship (CSRF)	10,000
General grant
Education Support Partnership	25,000
General hardship support grant
Railway Benefit Fund	25,000
Grant to fund the RBF Energy Fund which has been specially designed to
reduce the immediate financial impact of recent energy price increases
Association of Air Ambulances	10,000
General support grant
Lia's Wings	10,000
Grant to fund one child's life−changing air transfer
The Care Workers Charity	25,000
General welfare support grants to care workers and their families
Cavell Nurses Trust	20,000
General hardship grants for nurses, midwives and healthcare assistants
HASSRA	3,000
Grant for the HASSRA Development Fund supporting disabled sportspeople
Charity for Civil Servants	75,000
Provision of extra support for the financial assistance to hardship cases
The Ambulance Service Trust	10,000
General grant for Ambulance staff in immediate financial crisis
Postal Family Fund	10,000
Funding for University Bursaries
Social Workers Benevolent Trust	20,000
General grant for supporting Social Workers who are suffering financial
hardship
Healthcare Workers Foundation	5,000
General grant towards support and staffing
Hospice UK	20,000
Grant to provide high quality care to people with terminal or life limiting
conditions
Teaching Staff Trust	5,000
General grant towards key areas of support and hardship
Rowland Hill Fund	25,000
General welfare grants
Relatives and residents Association	5,000
Grant for communicating to more older people and their families facing
problems with care
The Edridge Fund National Association of Probation Officers	10,000
General grant for the financial hardship cases
	338,000

	2023	2022
Auditors remuneration	4,800	6,930
Accountancy		690

	Unrestricted
	fund
INCOME AND ENDOWMENTS FROM
Donations and legacies	266,322
Investment income	35,000
Total	301,322
EXPENDITURE ON
Charitable activities
Grants	302,744
Other	52,277
Total	355,021
Net gains/(losses) on investments	(106,329)
NET INCOME/(EXPENDITURE)	(160,028)
RECONCILIATION OF FUNDS
Total funds brought forward	1,352,209
TOTAL FUNDS CARRIED FORWARD	1,192,181

FIXED ASSET INVESTMENTS
	Listed
	investments
	E
MARKET VALUE
At 1 January 2023	926,309
Revaluations	(112,518)
At 31 December 2023	813,791
NET BOOK VALUE
At 31 December 2023	813,791
At 31 December 2022	926,309

Cost or valuation at 31 December 2023 is represented by:
			Listed
			investments
			E
Valuation in 2023			(112,518)
Cost			926,309
			813,791
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2023	2022
Accruals and deferred income		4,800	9,409
MOVEMENT I N FUNDS
		Net
		movement	At
	At 1.1.23	in funds	31.12.23
	E
Unrestricted funds
General fund	1,192,181	(123,430)	1,068,751
TOTAL FUNDS	1,192,181	(123,430)	1,068,751

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	E	E	E	E
Unrestricted funds
General fund	265,797	(396,709)	7,482	(123,430)
TOTAL FUNDS	265,797	(396,709)	7,482	(123,430)

		Net
		movement	At
	At 1.1.22	in funds	31.12.22
Unrestricted funds
General fund	1,352,209	(160,028)	1,192,181
TOTAL FUNDS	1,352,209	(160,028)	1,192,181

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	f	£	£
Unrestricted funds
General fund	301,322	(355,021)	(106,329)	(160,028)
TOTAL FUNDS	301,322	(355,021)	(106,329)	(160,028)

		Net
		movement	At
	At 1.1.22	in funds	31.12.23
Unrestricted funds
General fund	1,352,209	(283,458)	1,068,751
TOTAL FUNDS	1,352,209	(283,458)	1,068,751

	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	£	£	£	£
Unrestricted funds
General fund	567,119	(751,730)	(98,847)	(283,458)
TOTAL FUNDS	567,119	(751,730)	(98,847)	(283,458)

for the Year Ended 31 Decem	ber 2023
	2023	2022
INCOME AND ENDOWMENTS
Donations and legacies
Donations	226,933	266,322
Investment income
investment income	38,864	35,000
Total incoming resources	265,797	301,322
EXPENDITURE
Charitable activities
Grants to institutions	338,000	287,000
Grants to individuals	18,985	15,744
	356,985	302,744
Support costs
Governance costs
Auditors' remuneration	4,800	6,930
Accountancy		690
Insurance	1,840	1,688
Office expenses	6,337	16,222
Recharged staff costs	26,747	26,747
	39,724	52,277
Total resources expended	396,709	355,021
Net expenditure before gains and losses	(130,912)	(53,699)
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments	7,482	(106,329)
Net expenditure	(123,430)	(160,028)