2022-03-31-accounts - Community Foundation For Wakefield

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Statement of Financial Activities for the Year Ended 31 March 2022
					2022	2021
		Unrestricted	Restricted	Endowment	Total	Total
		fund	funds	funds	funds	funds
	Notes	E	f	E	f	E
INCOME AND ENDOWMENTS
FROM
Donations and legacies		73,708	6,048		79,756	83,692
Charitable activities
Fuel Poverty Women's Fund			25,759 2,067		25,759 2,067	21,873 2,000
Coronavirus Support Fund						9,416
Other trading activities Investment income		42,865	26,370	10,488	69,235 10,488	26,553 11,296
Total		116,573	60,244	10,488	187,305	154,830
EXPENDITURE ON
Raising funds Raising donations and legacies Other trading activities	6	101,346	89 27,340	4,224	105,659 27,340	61,971 18,171
		101,346	27,429	4,224	132,999	80,142
Charitable activities
Grassroots Endowment				6,376	6,376	7,145
Fuel Poverty			26,273		26,273	20,000
Elderly Persons' Social Isolation
Fund						13,437
Women's Fund			600		600	5,335
Coronavirus Support Fund						22,945
Haribo Happiness Together			9,940		9,940
Total		101,346	64,242	10,600	176,188	149,004
Net gains on investments				22,651	22,651	99,546
NET INCOME/(EXPENDITURE)		15,227	(3,998)	22,539	33,768	105,372
Transfers between funds	18		3,783	(3,783)
Net movement in funds		15,227	(215)	18,756	33,768	105,372
RECONCILIATION OF FUNDS
Total funds brought forward		38,334	89,837	476,963	605,134	499,762
TOTAL FUNDS CARRIED FORWARD		53,561	89,622	495,719	638,902	605,134

31March 20	22
						2022	2021
			Unrestricted	Restricted	Endowment	Total	Total
			fund	funds	funds	funds	funds
		Notes	6	f	6	6	6
FIXED ASSETS
Tangible assets		13	2,897			2,897	987
Investments		14			495,461	495,461	476,705
			2,897		495,461	498,358	477,692
CURRENT ASSETS
Debtors		15	33,024			33,024	992
Cash at bank	and in hand		26,103	90,611	258	116,972	135,276
			59,127	90,611	258	149,996	136,268
CREDITORS
Amounts falling due within one year		16	(8,463)	(989)		(9,452)	(8,826)
NET CURRENT ASSETS			50,664	89,622	258	140,544	127,442
TOTAL ASSETS LESS CURRENT
LIABILITIES			53,561	89,622	495,719	638,902	605,134
NET ASSETS			53,561	89,622	495,719	638,902	605,134
FUNDS		18
Unrestricted	funds					53,561	38,334
Restricted funds						89,622	89,837
Endowment	funds					495,719	476,963
TOTAL FUNDS						638902	605134

DONATIONS AND LEGACIES
	2022	2021
	E
Donations	24,959	24,281
Grants	54,797	59,411
	79,756	83,692

					2022	2021
					f	6
Coronavirus	Job Retention		Scheme		401	8,579
Wakefield	Council	COVID-19		Support	6,000	46,714
Leeds Enterprise		Partnership		Digital Fund		4,118
Kickstart					18,396
Wakefield	Council				30,000
					54,797	59,411

OTHER T	RADI	NG ACTIVITIES
							2022	2021
							E	6
Shop income							26,370	8,793
Management		fees and service charges					14,999	10,630
Support	Club	Membership					360	830
Event sponsorship							21,339	6,300
Other income							6,167
							69,235	26,553
INVESTMENT		INCOME
							2022	2021
							6	6
Interest	receivable on fixed asset		investments				1,461	1,503
Dividend	income						9,027	9,772
Short term bank deposit interest								21
							10,488	11,296
INCOME	FROM CHARITABLE ACTIVITIES
							2022	2021
			Activity				E	6
Grants			Fuel Poverty				25,759	21,873
Grants			Women's	Fund			2,067	2,000
Grants			Coronavirus		Support	Fund		9,416
							27,826	33,289

RAISING DONATI	ONS		AND	LEGA	CIES
						2022	2021
							f
Staff costs						50,569	8,902
Rent, rates and utilities						3,524	3,418
Insurance						1,463	1,637
Postage and stationery						745	926
Advertising						4,380	2,909
Travel						1,137	185
Website hosting						461	10,274
Professionalfees						11,108	24,509
Training & networking			fees			4,666	181
Room hire and event		costs				16,960	1,941
Repairs						530
Accountancy						2,502	960
Subscriptions						216	286
Bank charges						128	2
Investment management				costs		4,224	3,623
Depreciation						643	28
Interest payable Support costs	and similar charges					3 2,400	2,190
						105,659	61,971
CHARITABLE ACTIVITIES COSTS
							Grant
							funding of
							activities
							(see note
							8)
							E
Grassroots Endowment							6,376
Fuel Poverty							26,273
Women's Fund							600
Haribo Happiness	Together						9,940
							43,189
GRANTS PAYABLE
						2022	2021
						E	E
Grassroots Endowment						6,376	7,145
Fuel Poverty						26,273	20,000
Elderly Persons'	Social		Isolation		Fund		13,437
Women's Fund						600	5,335
Coronavirus Support		Fund					22,945
Haribo Happiness	Together					9,940
						43,189	68,862

GRANTS PAYABLE - continued	GRANTS PAYABLE - continued
The total grants paid to institutions				dudng	the year was as follows:
						2022		2021
						f		E
The Well Project								200
Community Awareness Programme								200
St Marys Community project								200
Eastmoor Community Project			Ltd					200
Wakefield District Sight Aid								3,500
Kids Aware								1,500
Theatre Royal Wakefield								3,180
Wakefield Council Fuel Poverty						21,250		18,000
Management Fee - Surviving		Winter		Fund		5,023		2,000
Wakefield Hospice								156
Management Fee - Endowment			Fund			6,376		7,145
Pontefract Live at Home								4,292
Shared Harmonies								5,500
Community Choir								2,965
Calder Grove Cricket Club								500
Wakefield Trinity Community			Foundation					3,000
Oasis Christian Centre								3,024
Stepping Stones Baby Bank								2,219
Co-Active Arts								3,796
Star Bereavement								2,000
Ryhig Community								200
Wrenthorpe Community								200
SETC Foodbank								1,000
Smathorne Community								200
Trinity Mission								200
Salvation Army								200
Church ofthe Resurrection								200
Resource Foodbank								200
Faithnet Foodbank								400
St Catherine's Church								1,000
Women's Fund Management		Charge					600	485
Coronavirus Support Fund	Management				Charge			1,000
Dial Wood Carriage Driving	forthe			Disabled		2,265
GROW Wakegeld						4,675
Haribo Happiness Together	Management				Charge	3,000
						43,189		68,862
NET INCOME/(EXPENDITURE(
Net income/(expenditure)	is	stated		after	charging/(crediting):
						2022		2021
						E		f
Depreciation -owned assets							643	28

									2022	2021
Shop									3	2
Office									3	1
No employees received emoluments				in excess off60,000.
Contributions to the	defined	contribution			pension	scheme	dudng the year were 6942		(2021:6146).At the balance sheet
date outstanding contributions			were	6316	(2021:	E57).
COMPARATIVES FOR	THE STATEMENT OF				FINANCIAL ACTIVITIES
						Unrestricted		Restricted	Endowment	Total
							fund	funds	funds	funds
							E	E	E	f
INCOME AND ENDOWMENTS			FROM
Donations and legacies							83,692			83,692
Charitable activities
Fuel Poverty								21,873		21,873
Women's Fund								2,000		2,000
Coronavirus Support	Fund							9,416		9,416
Other trading activities							26,553			26,553
Investment income							21		11,275	11,296
Total							110,266	33,289	11,275	154,830
EXPENDITURE ON
Raising funds
Raising donations and	legacies						58,101	247	3,623	61,971
Other trading activities							18,171			18,171
							76,272	247	3,623	80,142
Charitable activities
Grassroots Endowment									7,145	7,145
Fuel Poverty								20,000		20,000
Elderly Persons' Social Isolation			Fund					13,437		13,437
Women's Fund								5,335		5,335
Coronavirus Support	Fund							22,945		22,945
Total							76,272	61,964	10,768	149,004
Net gains on investments									99,546	99,546
NET INCOME/(EXPENDITURE)							33,994	(28,675)	100,053	105,372

for the	Year Ended 31March 2022	Year Ended 31March 2022	Year Ended 31March 2022
12.	COMPARATIVES FOR THE			STATEMENT OF FINANCIAL	ACTIVITIES -continued
					Unrestricted	Restricted	Endowment	Total
					fund	funds	funds	funds
						6	E	E
	Transfers between		funds			3,923	(3,923)
	Net movement in	funds			33,994	(24,752)	96,130	105,372
	RECONCILIATION	OF FUNDS
	Total funds brought		forward		4,340	114,589	380,833	499,762
	TOTAL FUNDS CARRIED FORWARD				38,334	89,837	476,963	605,134
13.	TANGIBLE FIXEDASSETS
								Computer
								equipment
								E
	COST
	At 1April 2021							1,443
	Additions							2,553
	At 31March 2022							3,996
	DEPRECIATION
	At 1April 2021							456
	Charge for year							643
	At 31March 2022							1,099
	NET BOOK VALUE
	At 31March 2022							2,897
	At 31March 2021							987
14.	FIXEDASSET INVESTMENTS
								Listed
								investments
								E
	MARKET VALUE
	At 1April 2021							476,705
	Additions							10,488
	Disposals							(14,383)
	Revaluations							22,651
	At 31March 2022							495,461
	NET BOOK VALUE
	At 31March 2022							495,461
	At 31March 2021							476,705
	There were no investment			assets outside the UK.

						2022	2021
						E	E
	Rathbones	Investment		Management		495,461	476,705
						495,461	476,705
15.	DEBTORS:AMOUNTS			FALLING DUE WITHIN ONE YEAR
						2022	2021
						E	6
	Other debtors					32,604
	Gift aid tax	recoverable				150	722
	Pre payments		and accrued income			270	270
						33,024	992
16.	CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE YEAR
						2022	2021
						f	E
	Social security and other Other creditors				taxes	3,195 6,257	799 3,527
	Accruals and		deferred	income			4,500
						9,452	8,826

MOVEMENT IN FU	NDS
				Net	Transfers
				movement	between	At
			At 1.4.21	in funds	funds	31.3.22
			6	E	E
Unrestricted funds
General fund			38,334	15,227		53,561
Restricted funds
Fuel Poverty Elderly Persons' Social Isolation Yorkshire Health Charity Fund Sir Rodney Walker Fund Women's Fund		Fund	22,688 53,803 1,174 1,749 8,949	(603) 1,467	889 (30,000) 1,778 227 889	22,974 23,803 2,952 1,976 11,305
Umbrella Fund			1,474	5,078		6,552
Haribo Happiness	Together			(9,940)	30,000	20,060
			89,837	(3,998)	3,783	89,622
Endowment funds
Grass Roots			476,963	22,539	(3,783)	495,719
TOTALFUNDS			605,134	33,768		638,902

Net movemen	t m	funds, included in the ab	ove are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			E		E	E
Unrestricted	funds
General fund			116,573	(101,346)		15,227
Restricted funds
Fuel Poverty			25,759	(26,362)		(603)
Women's Fund			2,067	(600)		1,467
Umbrella Fund			32,418	(27,340)		5,078
Haribo Happiness		Together		(9,940)		(9,940)
			60,244	(64,242)		(3,998)
Endowment	funds
Grass Roots			10,488	(10,600)	22,651	22,539
TOTALFUNDS			187,305	(176,188)	22,651	33,768

				Net	Transfers
				movement	between	At
			At 1.4.20	in funds	funds	31.3.21
				6	f	E
Unrestricted funds
General fund			4,340	33,994		38,334
Restricted funds
Fuel Poverty Elderly Persons' Social Isolation Yorkshire Health Charity Fund		Fund	20,140 67,240 12,859	1,626 (13,437)	922 (11,685)	22,688 53,803 1,174
Sir Rodney Walker Fund Women's Fund			1,514 11,362	(3,335)	235 922	1,749 8,949
Umbrella Fund			1,474			1,474
Coronavirus Support	Fund			(13,529)	13,529
			114,589	(28,675)	3,923	89,837
Endowment funds
Grass Roots			380,833	100,053	(3,923)	476,963
TOTALFUNDS			499,762	105,372		605,134

				Incoming	Resources	Gains and	Movement
				resources f	expended E	losses E	in funds f
Unrestricted	funds
General fund				110,266	(76,272)		33,994
Restricted funds
Fuel Poverty				21,873	(20,247)		1,626
Elderly Persons' Social Isolation			Fund		(13,437)		(13,437)
Women's Fund				2,000	(5,335)		(3,335)
Coronavirus	Support	Fund		9,416	(22,945)		(13,529)
				33,289	(61,964)		(28,675)
Endowment	funds
Grass Roots				11,275	(10,768)	99,546	100,053
TOTAL FUNDS				154,830	(149,004)	99,546	105,372