Cwpary RetraOon No. 06526064 (Ennd •nd Wald} R•ts•r•d arlty No: lJ23293 Flnhumf {A company Ilmlted by guarantee) Trugtses. report and flnanclal ststements For the year ended 31 March 2022
Finhuml {At4Jmp•ny Ilmlt•d lry vwranlw) Pa Legal and 4dmlnlstratlve Informatlon Report ofthe trustees Independent examlmrfs reportto tStee% Statsment of financhl ortmtles Balance Sheet Note5 to the finan¢lal stotsments
Rnhuml {AcOmn¥ Ilmlted Kuar•nt••) Lwl •nd Bdminl8tralkn inlorm•tlt)n Trurt• Leslle Hlll Bob Nov Jamie Ball lappolnted 19 January 20221 S•u•tsry Bob Noyen th*lty numb•r 1123293 Comp•mi rtylstr•tk¥n numb•v 06526064 ftht•r•d offl¢• 283 Oover House Road Putney London SWIS SBN B•nk•f• Coutts & Co 440 Strand London WC2ROQS Ind•p•nd•nl •x•mln•r ffery Champnes5 LLP Mltre House North Park ftoad Harrogate HGI 5RX Pwl
Flnhumf IA company Ilmltd by8uar•nts•l Report of th•trUSte Iln¢orpor•ting th• Dlr•ctots' repcrtl For th• y••r •ndod 31 Marth 2022 The trustees present thelr unaudited flnanclal statements for the year ended 31 March 2022. Structur•. gtyw•rnancg 4nd man•8gm•nt Flnhumf wa5 Incorporatéd on 6 March 2CQ8, and Is governed by Its Memorandum and Artjcles of Assotlatlon. The Charlty Is a company Iimlted by guarantee. The objects of the Charlty are such excluslvelv charStable purposes a5 the Trustee5 shall in thelr absolute discre0 declde. The Trustees, who are also dlrectors of Flnhumf for the purposes of cOmnY law, who have been In office throughout the perlod and to the date of th15 report are lexc•pt as noted).. Bob Noyen Jamle Ball lappolntsd 19 January 20221 The charlty takes lrto attount experfence, qwliflcatlons and dedlcatkn to charltèble causes when Tecrultln8 ènd appolntlng new tfustees. The tharfty provldes on8olng tralnlng for Its trustees where ppropriate. Oblertiv•s and •ctlvitS•s The broad objects and powers of the eh•rfty allow trustee5 to regularly revlew how best to apply the charltable fund5. The trustees have referrèd to the 8uldance contalned In the Charlty Commlsslon's Beneral iuldance on publlc benefflt when revlewlng thelr alms and oblectlves. Thè pollcy set by the trustees Is to support a varlety of charltable proletts In the future In maklng grant5 to other organlsatlons at thelr d15cretlon. In dolng 50 the trustee5 8e due conslderiJon to the nature of each or8anlsatlon elther as a UK r¢Stered charlty or a communlty not for Fxoflt prolecl. A¢hl•¥•nbonti •nd perform•ne• Thls year the14unch of • few new Inlvatlves once the COVID restrlrtlons lffted, based on our mlsslon statement to work on projects a550cl•ted with educatbon and 8ettlng the d15advanta8ed youth of todav Into meanlnglul lobs. We l•unched a project wlth Teach Flrst to help wlth thelr mentorlng project for School leavers- thls wlll last two years and we will be donatlng £100,O(h) per annum durlng thls perlod. We wlll monltor the outcomes and only renew If the prol•ct Seems to be ¢reatlng us•fvl results. We also launched an Internshlp scheme wlth XLP Iwlth whom we have had a relaOnshIP for over ten years) to supplernent the donatlons we already glve them. Th15 inteTn5hlp scheme relles on Identlfylng vmpanle5 who are wllling to traln new rnembers of staff subsld15ed by FINHUMF who provide the Intèrnshlp funds for betsveeh 3 and 9 months dependlnB on the opportunlty and envlronment. We have so far fvnded three Internshlps and hope to continue. Our commStment to XLP In total Is up to £75,OCQ per annum reviewed anntsally. Pa6e 2
Flnhumf IA eompany Ilmlted by Eu•r•nte¢l R•port of thetntst••s linrPOtl the Clrertors, report) {forrtlnu•d) For th• ymr eThled 31 M•rth 2022 L•ndmark trust We atso started a tralnlng apprentkeshlp collaboratlon wlth LandmarkTrust to traln artlsans In herltage archltecture lechnlques, woodworklnB, Iron and other Metal work etc. These tandldates can then find very Interestlng and useful work In the Herita8e Tenovatlon and archltertural sectlon. Our first Intern started this year and we have a two year programme at £20.0fy) per annum. We also commltted to but have not yetlunded a second candldats. Thls has been our maln trajectory thls year. and we hope to develop and malntain all of these In6ttIveS golng forward, condltlons allowing. FINn¢l•l R•vl•w Income Total Income In the year amounted to £113,62112021.' £86,147). Gmnts ond Donatl¢)ns Durln8 the year £173,000 wa$ donated In Support of Urban Youth Work bn the UK12021: £20,000). R•s•N•s poll£y It Is the pollcy of the charlty to rnJlnt•ln unrestrkted fvnds. whlch are the free reserves of the charlty. The Trustees conslder that the Investment portft>llo Is Ilquld enou8h to also be consldered Js free reserves and are therefore satlsfièd the charlty has sufficlent reserves to ensure the future vlablllty of the charRy and Its actlvltles. At 31 March 2022 the total reserves of the chHrlty were £2,625,47412021'. £2,666,723). The Tru$tees con spend both Income and capltal Ztthèlr èbsolute dlscretlon. Rlik Man*M•t The trustees conslder the maln rlsk to bethe concentratlon of the Investment portfollo In one sharehoidln8. We contlnue to monltor the varlabllbty of the Record share prlce and look for0pportuniès to Ilquldate the holdln& but wlth Current cash resèrvès there Is not any urBeney here and we awalt a favour•ble shart Pflce to move ahead. The value of the IestMentS at the yèar-end had IncreJ5ed to £2,234,386 compared to £2,202,916 In 2021. Pl•ns forluturn p•rlod> The tharlty plans to make fvture donatlons to a varlety of or¥Jn15atlons. The nature and slze of these donatlons wlll be at the dlscretlon of th•trustee5.
Flnhumf (Acomwrhy lirnited by y•rnntoel R•port of th•trust••s 1lncorpor•tI th• DlrKtorf report) Itontinuedl For th• y•ar +nd 31 Mafch 2022 Stat•m•nt of tru5t•w' responslbllid•s The trustees (who are also dlrectors of Nnhumf for the purposes of compony lawl are responsible for preparlng the Report of the Tru5tee5 and the ffinanclal statements in accordance wlth appllcable law and Unlted Klngdom Accountlnq Stsndards (United Kingdom Generalfy Accepted Accountln8 Pracllcel. Company law requlre5 the trustees to prepare flnanclal ststementsfor each flnancl41 year whlch glve • true and falr vlew of the state of affalrs of the charltablecompany and of the incomlng resources and appllcation of resource5, Indudlng the Income and expendltvre, of the chadtable company forthat perlod. In preparln8 these flnanclal statements, the trustees are requlred to.. select suitsble accounting polleles Ind then apply them conslstently,. obseNe the methods and prlnclples In the Chorltles SORP IFRS 1021: makelud8ements and e$tlmates thèt ar• reasonable and prudent: state whether appllcoble accountlng stand•rds have been followed, sublect to any materlal departures dlsc105ed and expl•lned In the flnancial statements; prepare the flnancial ststements on the 8oln8 concern bas15 unless Is Inapproprlate to presume that the charity wlll contlnue In buslness. The trustees are responslble for keepln8 proper tKcountlng records that dlsclose wlth reasonable accuracy at any tlme the nnanclal posltlon of the tharltable company and enable them to ensure that the flnanclal statements comply wlth the CompHnles Act 2W6. They are also responslble for safe&u•rdln8 the assets of the charltable company and hencè for takln8 reason41e steps for the preventlon and detectlon of fraud and other Irreiularltles. Thls report has been prepared In accordance wlth the Statement of Recornmended Practlct appllcable to ¢harltles preparlng thelr accounts in )ccordance wlth Accountln8 and Reportlng by Charltles.. Ststem•nt of Aectsmmended PraC(e IFRS1021120191 and In accordance wlth the 5peclal provlslons of Part IS of the Compjnles Act 2006 rel•tlnR to small companles. Approved by theTru5tees on 27, January 2023 and slgned on th*lr behalf bv: Trust••
Flnhuml IA company limited by iu•rnntee) Ind•ndent •x4mlMrfs reporttoth•truJte Forth• y••r •nded 31 Mrth 2022 I report to the ¢h•rlty trustees on my e¥4rn1n4tlon of the 4c¢ount5 of th• charlty for th• year ended 31 March 2022. R•wrtlv• r•sponslbllltlas of trust• •nd •xwnln As thecharlV5 trustee5 of the Charable company land also Its dlrector5 forthe purposes of company lawl you are r•spon$lble for the preparatlon of the accounts In accordance vAth th¢ requ5rements of the Companl•s Act 2006 lhe 26 A£VI. Havlng54tlsfl•d myself that the xcount$of th•chority ar not requlred to èe audlted under Part 16 of the 26 Art •ndare ell8lblelorlndepEndent examlnotion, I rport In re5pettof myexaminat5on ofyourcharltW5 accounts 5 t•rrl•d out under 5ettlon 145 of the Chorlties Att 20111'the 2011 Act'l. In carryln8out rry examlnatlorn I have folbwed the Dlr•ctk+n$ 8lwn bythe Ch•rltyCommlsslon under sertlon 145151 Ibl of the 2011 Act. 8•111 gf Ind•p•nd•nt •x•mln•rf• r•port My examlnatlon was ¢•rrled out In accordance wlth the Beneral Dlr¢ctlons 8lven by the Ch?rlty Comm1551on. An examlnatlon Includes • revlew of the accountlng records kept by the charlty and i ¢omparlson ol th• accounts present•d wtth those record5. It olx) Includes con51dw•tlon ol any unu5uII ItEm$ or dlsc105ur•5 In the account5, and sBekln8 exploThatlon5 from you as tN5t8es concernlng any such matters. The procedur•s undertaken do not provlde all the eden¢¢that would b• requlred In an audlt and conseqUeTht no oplnloh Is glven Jsto whether the accounts present i tsru• Ind falr vlevl and the r•port 1$ 1Srnlt•d to ttr)se m•tt•rs stt out ITr the 5twtèrnent below. Ind•p•nd•nt •x•mlMrfi st•t•m•rt I have completed my •x•mln8tlon. I connrm th•t no mJtter5 have com• to my attentlon In coThn¢rtlon wtth th• mlnatlon gIvI m• c•us• to b•ll•ve that In •ny mit•rlal respect.. l. •c¢ountlng r•cords w•r• not k•pt In r•$p•rt of th• charltable romp4ny as requlred by s•ctlon 386 of the 2006 Act.. or 2. th• Iccourts do not •ccord wlth those rttords,. or 3. the accounts do not corn¥ wlth th• •ccountlw requirem•nts of sectlon 396 of the 2LV)6 Act othorth•n anv requlr•ment that the accounts efv• a 'trLhe and hlr ew, whlch Is not a matter cOn51der Js part of an Ind•wndeTht examin•tlon: or 4. the accounts have not been prepared In accordance wlth the methods and prlnclples of the Statement of Re£omménded Practlceforaccountin8 •nd r•portlng bycharltle5 appllubletotharitles prepartngthelr attounts In acwrdanc• whh the Flnanci•l R•portSng Standard applicable In the UK and Republlc of ITelaThd IFRS 1021. I h•v• no Colern$ •nd h•¥etome across no othw matters In connectlon wlth the examlnatlon to whkh attentlon should bÈ drawn In this report In order to enBble a proper understandlng of th¢ •¢cowtsto b• reached. [ 4plts sal Appleton, ICAEW Saffery Champness LLP mre House, North Park Road, Harro8at4, HGI 5FLX 23 February 2023 Paee S
Flnhumf {A tompJny fimltsd by iuarant••l St•tem•nt ol fininclal 4ctlvlllu (Includl1 Incom• and •xpendltur• •tthunil Forth•¥T •nd•d 31 Marth 2022 Unrestrfct•d G•n•ral FTrd 2022 Expend4ble Endowm•nt 2022 Total Funds 2022 Tot•1 nds 2021 Nol In¢offle Irom Investments 107,041 80 107.tsll 80 85,388 759 Royalty Incorne Charltable actlvltles Other Incomè 6,51)0 6,500 Total Inm9 113,621 113,621 86,147 Expendltsr• on Ch•rltable actlvbtles 186,433 186,433 52,814 Totsl •xp•ndlturn 186,433 186,433 52,814 N•t Incom•ll•xp•ndltur•) for th• vur 172012} 172012) 33A33 Net 8ain on Investments 31.470 31,470 1,365,808 Oth•r r•etynlMd 8•lnslllosMsl Exchange galns/lb5sesl 93 93 11,0711 N•t rn•nt lthfvnd• 172,7191 31,470 141,2491 1,398,070 Totsl funds brought foN•rd 143,645 2,523,078 2.666,723 1,268.653 Totsl funds urrl•d forvnrd 70,926 2,S54,548 2.625,474 2.666.723 The notes on page$ 8 to 15 torm an Inte¥r81 part of these financlal statements. There are no reco8nlsed galn5 or1055es other than those d15c105ed above. All of the above results derlve from contlnuin8 acthitie5. Pay6
Finhumt {AwmpJny Ilmlt•d by (rIn¢) Bal•nc• Sh••t A5 at 31 March 2022 lknr•strlrtod Genernl Fund 2022 Expendable Endowment 2022 Tot Funds 2022 Tot•1 Funds 2021 Mot•s xed Au•ts Tan8lble fLxed ass•ts Investments 4,474 4,474 2.234,386 8,946 2,202,916 2.234,386 Curr•nt •5g•ts Cash 4t bank and In hand 81.612 320,162 401.774 473.605 Curr•nt Ilabilltl•s: Amounts falllng due wlthln oneyear io 115,1601 115,1601 118,7441 N•t curr•nt •ss•ts 66,452 320,162 386,614 454,861 N•t •H•ts 70,926 2.554,548 2,625.474 2,666,723 Funds Unrestrlcted funds 70,926 2,554,548 2,625,474 2,666,723 Totsl lund• li 70,926 2,554,548 2,625,474 2,666,723 For thé year ended 31 March 2022 the chadtable company was entltled to exemptlon under sectlon 477 of the Companles Act 21J06 rtlatlng to small compenles. No members have requlred thé company to obtaln an •udlt of Y£s accounts tor the year In questlon In accordance wlth sectlon 476 of the Companles Act 2006. The dlrectors ocknowledge thelr responsIlIty for Comply1 wlth the requlrements of theActwlth respect to accountlni re¢ord$ and for the preparatlon of Jtcounts. These attounts have been pr•pared In accordance wlth the provlslons appllc•ble to companles sublect to the small companle5' règlme. The financlal statements were approved bythe board on 27 January 2023 and 51Kned on Its behalf bv Trustee Company r•glstr•tlon numb•r06526064 lE10nd and W•1) The notes on pages 8 to 15 form an Integral part of these finandal statements. Prye7
FIn1mI IA compaw lirnited by iu•r•nt••l Not•5 tothe Fln•nd•l Stat•mÈnts For th•y•4r •ndod ai March 2022 AttOunt1 poll¢l•s The prlnclpal accountin8 policles are summarised below. The accountlng pollcles have been applled consistently throughout the year and the precedln8 year. Basls ol aceountl The financlal statements have i)een prepared In accordince wlth Ac¢ountln8 and Reportlng bv Charltles.. Statement of Recommended Practice applicable to charltles preparln8 th•lr atcounts In ccor&nce wlth the Financlal ReportlTr8 Standard appllcable In the UK and Republlc of Ireland IFRS 1021- Icharltles SORP IFRS 10211, the Flnanclal Reportlng Standard appllcabl• In the UK and Republic of Ireland IFRS 10214nd the Companles Aci 2006. Flnhumf meets the deflnltlon of a publlc benefit eTht under FAS 102. Assets and liabilltles are Inltlally recognlsed at historlcal cost or transactlon value unless otherw15e stated In the relevant accountlng poll¢y notelsl. Advantage has been taken of the exemptlon for charltles wlth Income less than £500,CW from preparlng 4 cash flow statement under SORP IFRS 1021. After revlewlnl the charlty's forecasts and prole¢tlon5, the trustses h4ve J reasonable expect&0 that the charlty has adequate resources to contlnue In operatlonal emlstenee for the foreseeable future. The charlty therefore contlnues to adopt the golng concern basls In prepèrln8 the financlal statements. Comwny stst Flnhumf Is a company Ilmlted by 8uarantee. The members undertakè to contrlbute such amount s may be required (not exceedlng £1 each) to the charlty'5 assets In the event tt should be wound p. The total ofsuch guaTJntees at 31 Marth 2022 was £312021.. £31. Incom• Incorne Is Included In the Statement of Flnjnclal Actlvltles In perlod In whlchtherels probablllty of rec•lpt, the charlty is entltled to recelpt and the amount can be mwured wlth re450nable certalnty. The followln4 speclfftc pollcles are applled to P4rt1cular cate8orle5 of Income.. Voluntary Income Is recefved by way of grants, donatlons and glfts and Is Included In full In the statement of financlal activlties when recelvable. Grants where entitlement Is not condltlonal on the delivery of a speclfic performance by the charity. ar• reco8nlsed when the charlty becomes uncondltlonally entjtled to the gfant, Non-cash donatlons arè Included at thelr market value at the tlme of th• donatlon. Income from Investments 55 included In the year tn whl¢h It Is receivable. Page8
Finhuml (Acompny Ilmlted by wprwrtoe) r4¢>t•5 toth• financial sitsments IMntirtu•d} For the y•ir •nd•d 31 Mah 2022 Empenditwe Expenditure Is recognised on an accruals basls a5 a Ilabllltyls Incurred. Expendlturè Indude5 anv VATwhlch cannot be hjlly recovered, and Is reported as partof the expenditure to whlch It relate5. Expendltrjre on charltable actlvltles comprlse5those costs Incurred bythe charlty In the delfvery of Its artIvleS and services fr*r Its benefficiarfes. It Includes l)oth tosts that can be allocated dlrect to such actlvltles and those costs of an Indlrert nature necessary to support them. Governance costs are the co5t5 Involved In the tonstbtutlonal and ststutory aspects of runnln8 the charlty as • legal entlty. For•lKTh curr•nrylr•nilatlon Monetary a55ets and IlabllSties denomlnated In forelgn currendes Jretranslated Into Sterllng at the rates of •xchange prevalllng at the accountlng date. Transirtbgns ln forei8n CLtrreneles are recorded at the date of the tran5artlons. All dlfferences are t•ken to the statement of flnanclal actlvltles. Inv•stm•nts Llsted Inve5tynents are ststed at m•rket value at the balance sheet date. TanbI• fiM•d •swts Expendlture on the acqu151Uon of Indlvldual fixed 455ets co5n¥ more than £2.000 Is capltallsed ot cost. Depreclatlonls provlded to wrlte off the cost ol the asset over bts useful economlelsfe. The fate5 of depreclatlon are as follows: Equlpment Over 3 to 5 years stralght Ilne C•sh •t b•nk and In h•nd Cash at bank and In hand Includes cash and short term hl&hly Ilquld Investments wlth 4 short maturlty of three month$ or less from the dat• of acqulsitbon or openlng of the deposlt or slmllar account. Cr•dltors Credltors are rKognlsed where the ¢TIty has a present obllgatlon resultlng from a pt event that wlll probably result In the transfer of fvnd5 to o thlrd party and the amount due to settle the obllgatlon can be measured or estlmuted rellably. Creditors are normally reco¥nised at thelr settlement amount after allowlng for anytrade dlscounts due. i.io Nn•ncl•l Initrum•nts The tharhy has flnanclal assets and flnanclal Ilabllltles of a klnd that quallfy as baslc flnanclal Instruments. Baslc ffnanclal Instruments are Inltlally recogn15ed at tronsaction value and subsequently measured 4t thelr settlement value wlth the exceptlon of bank loans which are subsequently measured at amortwd cost uslng the effertlve Interest method. The charfty does not h4ve any bank loans. Pale9
Flnhumf IA company Ilmlted aU•r•t•] Notss tothe Ilnand41 st•t•mts {¢ontlnu•dl Forth•Yr •Thl•d 31 M•Tch 2022 i.ii Fund •ttountln8 Unre5tTlcted funds are avallable for use Jt the dlscretlon ol the trustees In furtheranc• of the 8eneral oblecfjve5 of the charlty, The orlglnal donatlon recelved when the charlty was set up has been Includèd a5 an expendable endowrnent fund and the income arfsln8 Is classed as unrtstrkted. The Trustees can spend both Income and cap1 atthelr absolute dlsuetlon. InY•stm•nt In¢om• 2022 Total 2021 Totsl Dlvidersds recefvable 8artk Interest re£elv4ble 106,999 42 85,284 104 107,LWI 85,388 Exp•ndltUM 2022 Tot•1 2021 Tot•1 othtr charltable actlvltle5 177,472 46,859 Governance costs (note 41 8,961 5,955 186,433 52,814 Included In other chorltable actfvitles are amount5 pald to the followlng charltable or8anlsatlons', 2022 Tot•1 2021 Total Teach Flrst The Landmark Trust XLP Indivldu41 Internshlp 100,000 20,UOO 52.OLKI 20,0 173.C 20.000 Page io
Finhumf (A comp•ny 11m1t by8uar•nteel Notes to th•lIn¢1•1 st•tem•hts {£ontlnuedl For the year ended 31 M•rch 2022 6overn•n¢e costs 2022 Total 2021 Totsl Independènt •xamlnatlon fee Accountancy costs Bank char8e5 6,335 4.100 894 961 966 8,961 5,955 N•t In¢om•ll•xp•ndltur•l tor th• y••r 2022 2021 Net Income Is stated after¢horglni', Independent examlnatlon fee Deprttlatlon 6,335 4,472 4,100 4,472 St•ff wsts, trurt•• r•mun•r•llon •nd •xp•M•4 Ind th• coth of m*n•wn•nt p•r•onn•l The charfty has no dlrectfy employed staff •nd no employee recelved employ beneflts In eJK¢ess 01 £60,00012021: none). The charlty trustees were not pald OT recelved any other beneflts from employment wlth the thar In the ytar12021'. £nlll, neltherwerethey relmbursed expenses durlng theyeor12021', £nlll. T•x•llon As o charlty, Flnhumf Isentitled to certaln tax exempt5ons on Income and profits from Investments carrled on In furtherance of the charft¢5 prlmary oblectfve5, If these proflts are applled solety for charlty purposes. Accordlngty, there Is no tsxatlon charge In these attounts. P11
Flnhumf IA comp•ny 11m1t byiu4rants•) Not•% tothèllnanclal st•t•m•nts lcontlnuedl For they•w •nd•d 31 March 2022 T•nObl•fix•d ass•ts E9neTrt Tot•1 At l ApTII 2021 D15POsal At 31 March 2022 40,362 18POO 22,362 40.362 18.000 22,362 D•pr•d•tlon At l Aprll 2021 Charge In the year Dlsposal At 31 March 2022 31A16 4,472 118,0001 17,888 31N16 4,472 118.0001 17A88 Net book v•lu• At 31 March 2021 At 31 Mireh 2022 Inv•stm•b 2022 2021 Market value at l Aprll Unreallsed galnlllossl on InVtrnents 2,202,916 837,108 1365 808 Market value Jt 31 March 2,234,386 2,201916 Investments that representsd more than 5% of the totsl portfollo were Récord PLC, wfth a market value of £2,234,38612021: £2,202,916>. io. Cr•dlto 2022 2QZI Arnounts tslllng due wlthln one year Other credltor5 Accruals Bank Overdraft 8,70S 6,335 120 14,525 4,100 15,160 18,744 Py12
Flfthumf IA eomp•ny Ilmlted by warantsel Not•s tothe finantlal statements (tontlnued) For the y••r •nded 31 March 2022 ii. Funds 2022 Fundi Funds blhvd 1coM Expendliur¢ Galnsll1055e5J Funds and transf•rs Ifwd General fund 143,645 113,621 1186,4331 93 70,926 Expend•bl• endowment 2,523,078 31,470 2,554,548 Total funds 2,666,723 113,621 1186,4331 31,563 2,625,474 2021 Fundi Fundi Wfwd IMom• Exp•ndltur• G•lnslllosml Funds •nd tr•nthrn 1Wd General fund 111,383 86,147 152,8141 11,0711 143,645 Expendable endowment 1.157.270 I.36508 2,523,078 Total funds 1,268,653 86,147 152,8141 1,364,737 2,666,723 Analysts ol •Js•ts •nd Il•bllltl•s b•tw••n funds Unrwtrlct•d G•n•r•l fund Exp•ndmbl• Endowm•nl Tot•1 fundi 2022 Tan8lble flxed assets Investments Cash at bank and In hand Current Ilabllltles 4A74 4,474 2.234.386 401.774 115,1601 2,234386 320.162 81.612 115,1601 Total fund5 70.926 2,554,548 2,625.474 Prlory••r an111 of •$ts •nd114bllltltt l¥•tw••n fwxlj UnrnrtrSct•d G•n•rnl fvnd Exp•nd•bl• Tot•1 funds 2021 T•nglble flxed assets Investments Cash at bank and In hand Current Ilabllltles 8,946 2,202,916 473,605 118,7441 2.202916 320,162 153N3 118,7441 Total fvnds 143.645 2,523,078 2,666.723 P4Ke 13
Flnlwmf IA comp•ny limit•d by yMrant••l Notssto th• flnanclal St•t•m ltorflnuedl Forth• yur end 11 Marth 2022 Cornmttm•nt% As at 31 March 2022 there are pledges to varlous charltles whlch the Trustees Intend to honour. whlch are summarfsed below: Ory•nls4llon Commltm•nt Landmèrk Trust XLP Teach Nrst 20,Th)0 50,000 loo,000 14. R•l•ted p•rtytranMctloM Durfng the year, • Trustee pald £nll of expense5 on the charlty's behall12021.' £4,926). Thls has been Intluded In credltors. There were no other related party transactions durlng the year12021,' nontl, Prye 14
Flnhumf {A CoMnY Ilmlted lrygu•r•nteel Not•sto the fin•n¢l•l stsleménts Icontlnu•dl Forthe Yr •ftded 31 M•rth 2022 Cornparth¥¥• st•t•m•ntolfinancl•l •cdths Unrestricted fj•neral Fund 2021 Exp•ndabl• Endowment 2021 Total Fundi 2021 In¢omlni •nd endowm•nts from Investments 85,388 85,388 Royolty Income 759 759 Charltable Adfvltbls other Income Tot•1 In¢om• 86,147 86,147 Exp•ndlturn on Ch•rltabl• actmtles 52,814 52,814 Totsl •xp•ndltur• 52,814 51814 N•t In¢¢m• I l•Np•ndltur•l 33,333 33,333 Net loss on Investments 1,365,808 1,365.808 Oth•rr•wnls•d i•lml(loMMI Exchange 8alnslllosses1 11.0711 11.0711 N•t movwn•nt In funds 32,262 1,365,8Q8 1,398,070 Toial funds brought fobward 111.383 L157,270 1,268,653 Tot•1 funth c•ffledfonv•Td 143.645 2.523.078 2,666,723 P4p15