OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

Countess Mountbatten Mountbatten Hospice Charity Limited
Conte t e nanna omen
for year ending 31 March 2023

Reference and administrative information information 1 —2
Background
and objects
Strategic report —Objectives gr activities 3 —8
Key Achievements
and PerformanCe
Services across Mountbatten Hampshire 9—12
Quality 13 —17
Education
and Training		 18-19
Mandatory
Training		 20
Research 21
Income generation 22 —23
Communications 24 —26
Estates and Facilities 27 —28
Catering
and Hospitality		 29
People Services 30 —35
Information
Technology		 36 —37
Trustees'
duty to promote the success ofthe		 Charity —Section 172 statement 38 —40
Sustainabillty
and carbon reporting		 41
Financial review 42
Public benefit statement 43
Statement of trustees'
responsibilities		 43 —44
Independent
auditors
report		 45 —47
Statement
offinancial
activities		 (incorporating an income and expenditure account) 48
Balance Sheet 49
5tatement
of cash flows		 50
Notes to the financial statements 51 —72

Bankers: NarWest
Bank Pic		 NarWest
Bank Pic		 NarWest
Bank Pic
3 Lower Northam Road
Hedge End
Snutharnpton
SD304PA
Investment Nlanagers: Brewin Dolphin (retired March 2023)
Vantage
Point
Woodwater Park
Pynes
Hill
Exeter
EX2 SFD
Investmern Managers: CCLA Fund Managers Ltd (appointed April 2023)
85 Queen Victoria Street
London
EC4V 4ET
Investment Managers: Ruffer LLP (appointed April 2023)
80Victoria Street
London
SW1E SJL
Solicitors: Bates Wells LLP
10Queen Slreei Place
London
EC4R IBE
Atrditor-r Axets Audit Services Limited
Ashcombe Court
Woolsack Way
Godalming
Surrey
GUT 1LQ

Overall mting for this location Gddd Gddd ~
G d 0
G d Q
G d ~

Potential Potential that that public public trust m Mountbatten Mountbatten Mountbatten Mountbatten Mountbatten reduces reduces reduces reduces Robust governance
structure.
through increasing expectations, lack of confidence in Strong communications
processes
and plan.
organisational capability or a significant 'media scandal' Trademark
agent
commissioned
to
or misuse ofintellectual property applications
which
may mfringe our rights
New branding
with
branding
guidelmes
launched		 April
201B.
Relationship
management
with
stakeholders		 and
media.
Investment
made
in Communications
Team.
Inability to recruit, retain and succession plan Quarterly
report
of
people
approaching		 normal
appropriate skilled staff to maintam services for retirement
age to assist succession
planning.
beneficianes Support,
recognition,
progression
and		 development
provided
though
appraisal,
supervision		 and line
management
Clinical
staff
on
Agenda
for
Change		 terms and
conditions
Employee benefits scheme
in place
Clear values
created
with
employee
input
to		 create
positive working
culture.
Aiming to become employer ofchoice on Isle of Wight.
Expanding
our geographical
reach and influence.
Working
with academic partners
to develop
pathways.
Developing
workplace
strategy.
Maintaining relevant regulation requirements, Robust governance
planning,
process and		 audit
particularly as changes introduced (CQC rating, GDPR, Ongoing
CPD programme,
GDPR, Quality		 improvement
Charities Commission) action plans.
Annual
external audits.
Confirmation
of planned
dates
for Trustee		 Provider
visits by Chair ofTrustees.
Risk that the Board does not have the appropriate Skills mix review annually
balance of experience, skill mix and dwersity, and fails to Targeted
advertising
for certam skills and		 headhunting
keep up to date with all mandatory training Mandatory
eLearning
monitored
monthly		 at Q&G
committee
New Chair of Trustees recruited.
Higher profile of Mountbatten
to enable recruitment		 of
Trustees.
Risk of resource overload ansing from operational Weekly SMT discussions
dedicated to the		 South ampton
expansion into Hampshire operation.
Daily SMT presence
in Southampton
to closely		 monitor
developments
there.
Regular
review of detailed
action plan.
Develop
Finance and other administration		 systems to
the required
standard
for an independent		 operation.
Development
of management
of chmcal operations

Hampshire Isle of Wight
Rh
hh
l1CI'h * r r * 115us,1h,I&h Ih\h thh
I ' ll I

Our Workforce
As an organization,
we		 are only as strong sthe We communicate
with our staff in many different
ways. We
people we' re made up of.We pride ourselves run an ongoing series ofgeneral
open meetmgs
to which
all
on the ability to recruit, develop,
support		 and staff are invited
and at which
any member
ofstaff my raise
train he best people
in		 each area of our work any issue or concern that they may have.
In order to do this, we need to hsten to our
employees
and understand
what kinds of		 We also have a policy whereby
all staff are able to have
regular
and frequent
one to one meetings
with their line
support,
information
and development
opportunities
they want to see from us.		 manager
to discuss matters that relate directly to their day to
day work or how their work
is affecting their day to day life.
We have a formal annual
process of appra isa
I to formally
record the performance,
development
progress
and ambitions
and future
plans for the employee
and the Charity
Finally, we have a formal process of whistleblowing
and an
identified
whistleblowing
'champion'
to faolitate
swift
disclosure
and resolution
to employment,
and other, issues
which
may be sensitwe,
difficult or contentious
in nature.
Suppliers
We work with
a range		 of supphers
but given		 While the nature of our activities means that our largest
our location and what it is that we do, they are expense
is Human
Resources we still spend significant
mostly local suppliers They do range from amounts
with external
suppliers.
We are committed
to
small mdependents
to		 members of large and treating
them fairly and ensure that as far as possible we pay
sometimes
international		 corporate groups. them promptly
and deal with them equitably.
We run two
We value our relationships
with
all of our		 creditor payment
runs every month
to ensure that we are able
suppliers
and try hard		 to build good to pay suppliers
promptly
and within agreed credit terms.
relationships
with
all of our supphers.

Report) and Limited
Liability Partners		 hips
(Energy and Ca		 rbon Report) Regulations 2018.
2022/23 2021/22
Consumption ofElectricity —KWh / Tons of CO2 equiv
Retail outlets Isle of Wight 82,852 / 19.32 62,836 / 14.65
Isle of Wight Hospice and associated buildings 466,282 / 108.71 558,506/ 130.21
Retail outlets Hampshire 94,508 / 22 03 53,786/ 12.54
Consumption ofGas —KWh Equiv.
Retail outlets Isle of Wight 158,355/36.92 102,208 / 23.83
Isle of Wight Hospice and associated buildings 489 572 / 114.14 772,487 / 1801
Consumption offuel in vehicle fleet
Consumption offuel m Vehicles 6,712 / 17.99 6,944 / 18.61

Ashcombe
Court
3&Cf WAX j Ep.ytzvC7z Woolsack Way
Gods lming
mzz Surrey
GU7 1LQ
Debra Saunders BScFCA jSemor Statutory Auditorj
N
0
fd		 jo
p		 Vl 0
aM		 ta d
acr
vl
'll		 ta d
acr
vl
'll		 d
f
mmm
tct cl		 d
f
mmm
tct cl		 d
f
mmm
tct cl		 ftl
a		 fl I-
00
ID
Hl		 lt
h
tp		 M
al		 Mtl th m Cl
0
e
0
V
tU
'O
Cl
V
D0		 W Do
Vl
IV
m		 th
N
ID		 Io I ID
M
rl		 thtp
0
00
N
N		 tp
co
CO
N		 rn
Vl
rCl		 M
lrl
rtp		 M
I
~l
co		 mal
Ch
m		 '0
C
C
0
0
Cl
V
4l
C		 Co
mm
co
M		 a
tp
d
M		 m
ao
ID		 CI'
Vl
m		 N
Cj
rhl
'		 ID
N
M
r		 0
'd
M
at
M		 N
I
Vl
al
Co		 d Co
Ql		 d'
r
rto		 N
M		 e
0D
to
D
4I
fc
IU
0
mrl0 D CI 0 00
N		 r r m
tv		 m al tpal Ct
M		 Ol
ID		 ral
ID		 foal C
fo
M
rtp		 at aVl r ID
d		 CO
rM
r		 Ih Do
Vl
0
00		 I
M
rh
ol		 fl
ID
IV		 'D
Cl
ra		 Co
M		 Cl
0
al
0
0
Dl
V		 Vl M, ID
M
Ill		 tp 0
WC
00 IID
0
0VV
W		 Ci
IC		 IU
C
QD0
Cl Cl
'00
Cl0
W
Cl'0
C
lo		 IU
I
~I
C		 mCM m
0
0		 co
IV
co		 ao
N		 ID
ID
d		 co
d
Ol
00
N		 m'0
m		 d,
Ol
00
Ul
al		 r
ltl
N
ffl
al		 M
tp
m'
Pl		 Cl
m
C		 ID
dtp		 co d'
m'		 IO
ID
m
M
Vl		 Cl
00C
Cl3
Cl IU
E0VC e
IIII0 0 N M ll Ul Ct 4l
lO
V V
E fll
4I
E		 4I
.-		 00
0		 Cl0ll0 Oo
C
C
IlC
fo
U 0C
~I e
0 0 MND
0
N
Zvc
0
0 0
o
al 0
E 5
III
Cl
g
m
0
Vl ll
0 ll
IU
Xvep
IO
III
w '0
IU —
'
l0
0
4I
C
WC
0 0 0
Ll U v.		 E0
8C		 ~I
Ql
10C
0
p
Dl0
0
00		 IJ
fll0
D
W
D
U		 Ql
Ql
W
Cl
C
W
V0.
p
Ql
z 0		 0
V
L
Cl		 Z
C0
E
7		 4l
E0V0
fo
0		 0
0
Cl
ll
C0
III		 0
tUI
to
fc		 Ql
3
V
toe
D
W
IO
C
U		 IIIV
V0.
0
Z		 Cl
0V00
4I0
4I
lo
v0		 Ia
IU!
OI0
III
4t
PI0
III
'00
Z		 0
4l
E
a
c
0
L
ja
tll
W
to
Z		 III
lo
4I
4ID
Cl
E
8C
Cl
0
'0
C
0
0Ic
ol
e
Z		 C
C		 lc
C
e
D
al
C
fl!
I-		 '00
0
vC0
E
Ql
0
E
0
Z		 C0
0
Z		 ll
Dl
D
Qll
0
0
D
0
D!
0		 ll
Cl
'C
III
V
0
IOv
0		 L0V
E0
to
tUll
al
w
IU
U
0
Dl
Ci
0		 C
tU
E
Cl
W
0
V0
fllC
Cl
0
cr N

The Group i he Chanty
2023 2022 2023 2022
Note E E E E
Fixed assets:
Tangible assets 12 475,598 436,173 475,598 436,173
Investments 13 31,629 1.899,993 31,631 1,899,995
507,227 2,336,166 507,229 2,336,168
Current assets:
Stocks 3,418 1,583
Debtors 189,382 2,1D9,443 180,395 2,112,459
Cash at bank and in hand 2,416,311 476,989 2,239,520 289,599
2,609,111 2,588,015 2,419,915 2,402,058
Liabilities:
Creditors.
amounts		 falling due within one year 17 (1,362,122) (1,107,268)
Net current assets 1,246,989 1,480,747 998,899 1,003,209
Total net assets 20 1,754,216 3,816,913 1,506,128 3,339,377
Funds:
Restncted
funds		 220,950 239 486 220 950 239,486
Unrestricted funds:
Designated funds 500,000 50D,OOO 500,000 500,000
General
funds		 1,033,266 3,077,427 785,178 2,599,891
Total unrestricted funds 1,533,266 3,577,427 1,285,178 3,099,891
Total funds 21 1,754,216 3,816,913 1,5D6,128 3,339,377

Note 2023 2022
6 6
Net cash provided
by /(used
activities		 in) operating 22 403,187 (62,506)
Cash flows from investing activities:
Dividends
and interest from		 investments 46,671 30,552
Purchase offixed assets (277,770) (400,056)
Proceeds from sale of investments 1,727,234 304,328
Net Cash invested
Purchase of investments (301,965) (369,974)
Movement
in portfolio cash		 held for mvestment 341,965 (341,965)
Net cash used in investing activities 1,536,135 (777,115)
Change
in cash and cash		 equivalents in the year 1,939,322 (839,621)
Cash and cash equivalents
year		 at the beginning ofthe 476,989 1,316,610
Cash and cash equivalents at the end ofthe year 2,416,311 476,989

N
rc		 0 rn
N
0
r		 fp
m
m		 O 0 UI ol
tni
oa
Ooiul
Cr N
ID
04
I
ul
M
ID, O
N		 ol
tni
oa
Ooiul
Cr N
ID
04
I
ul
M
ID, O
N		 ol
tni
oa
Ooiul
Cr N
ID
04
I
ul
M
ID, O
N		 ol
tni
oa
Ooiul
Cr N
ID
04
I
ul
M
ID, O
N
C N N I
0
10
Cl
VU
C
Ql
IL		 W 00
N
MN		 fo0
Cl
tU
Jo
00		 4l Ol
0
ID
N		 Ol
r
UlN
N
tU
fo
4l
Cl
10
Cl		 ul M 10 W
V C
Cl
0		 M tU IU
0
Cl
00
Jo0
ro
O		 fo
0		 ul 40
m
Q		 N
m
IV
ID		 4l
0		 tc
Ul		 mNQN I w m
ID
Ol
Co N tu 0
0
1l QJ
C
Cl 0
10
Cl
V		 w rMr U
~I		 Cl Tl
Ql
U
Ol
Cl
IL'		 Co Jo0 Cl
0
U		 0
0
fo
ao		 0
'0
Ci
V
Uol		 W N
CO
CO
00
f		 N
N
Ol
Nlp
N		 40
m
m
mQ		 0
0
Q
O
N
ul
40		 Co0
IJ
IU
to
tu		 Cl
Cl
U
U
4l
L		 w m
Q
O
NN
NO		 Cl
O
NO 0
Dl
UI		 c
0
4I		 Cl
E		 oc
E
CI
w
TL
0
Z0
Cl
Jo
0
0
00
4I
V
0
LI		 00
E
0
I/I
0
Ia
0
IZL
Cl
0
Cl
0
2		 m
ru
CI
N
U
0
N
M
co
Cl
10
CI
0
0
u.		 Cl
TI
ta
lul0
100
CI
Uf
L'0
Io00'0
E0
Cl
E0
U0		 ID Cl
IJ
raao		 E
c
ta
Cl
al
0
Ol
Clc
0
0
p
0
rl
la
0		 h
CI
tU
E
0
0
0
0
V
0
0
0
0
U
U
Cl
Cl		 ,IU
'6
Cl
Jo
Ia
fa
U
E0
Cl
E0
U0		 IDIJ
CJ
I/IXZ
V
2
0
Z		 V0
0
c
u
Ul
Z
Z		 4lU'0
Dz
5
4i
ClIJ
IU
la
Cl
E0V0
UJ
ul
Z
I
H
HQ		 0
0
l-		 W ul
I
IO
IO		 Ol
Ol
IO		 Ot
IO
I
m		 H
H
Q
H		 5
0		 I I
Vl
h
hl		 I
Cl
m
'0 Ul
Ol 4l
I U
4
41
IC OO
'0
Ol
U
0		 ot
ol
D
l
IO 0
am
m		 m
I
a0(
Ih
R		 4I
0
I
Ol0Q		 Ol IV
Ol
D		 H
OO
M
mH
D
N		 IO
0
l		 M
Q
I		 0
0
I-		 4 Cl
t
W Ul
't Ol
ll
Ol 4I
IO
17 W t W
Olt
lO
IO Itl Ot
IO
0Q 0
.0
OOt
Of0 0
OO
0 t
0
0 E0 Ol
0
E
8		 m?
'0
40 Z
0		 N0
UC		 8
E0
U
44
oo oo w m
m
I
Ch
mih
I		 m
m
I
Ch
mih
I		 d
N
o
N		 Ol
m
h		 Q
«I
«'		 O
I		 CC
1		 0
I		 ih
ul		 o
0
al
0		 m
CQ
m
I		 r
hl
ul
o
P		 o
O
p
N		 hl
m
h
t		 CO r D
r
ui 4
O E
0
P		 ~I m
P
rc		 «I
t
O		 I
I
I		 I
I
Ul		 O
d		 IO
r'
I		 I
ui		 m'
N		 «I
«I
«i		 dl O0 m
4		 m 0 Ch
I
«I
Ch		 CQ
Ol		 O
Ol
I		 o
f
«I
r Itl
00
0		 0 ut N
Q
C		 ' 0
I		 h
CQ
CQ		 I
mm		 C!
ia		 O
ID		 I i«t
N.
0 UI r I ~4
Ih		 m
O
CtV0
ClC
Clh0
Ia
0 4I W I
m
r		 D
m
m		 mQ
O		 Q
«I		 0
fdI		 Ch
lo		 Ch
m
I
CI		 2
4I		 Q Ul 0
Ul		 Ol
00		 Q 0r10
r
Tl O.
4 0
I
id
C
0		 0 w rmIh
Ol
Ol
r		 M
ul
ui		 M
p
m
0'		 dl
cc
r'		 I
ol		 M
rh
Ol		 la
CQ
I		 0
O		 m
fu
CC
O
N		 r
I
N		 m
dl
m		 CC
r
rh
Ch
0It
'0
4I
E
IC CI
IU
IJ
V
'a
a
0Z		 C
IU
E
CI
Cl
Ih		 ICI
ICQ
Iu
V		 C
Cl
V		 Ql I0
IC
'0
V
5
4I
0
0
u		 0
0
C
z
Cl
I
0
V
0
0
Z		 m
ICI
'D
4I
0
'O
0
fC0
0
u.		 D
D
CI0		 «I
Ql
0Z
0
0
U		 0
Tl
E
0V
0
I
E		 Ql
I!
C
CL«h
I
Cl
I
CI
CC
c E		 e.
0
Cl
~I
C0
0		 CC
CI
E
C
E		 Cl
C0
C
0
u
C
'O
C		 00
Cl0a
C4
CUI0		 0 E
a
a".		 C0
Cla
41
0 '0
C
4
C
C«
I0
«
tU
.c
a'0
CU		 Qt
CC
IU
0
~I		 CI
TI
14
E
C0		 0
Cl
I
C
ED
4
Cl0		 0
0a.		 0
tU
0
0
Cl
0
Cl		 N
NQ
'0
I-		 NNO
N
Cl
E
'D
C
4Ia«
Cl
E
P
CI
o 0 W u
m
I
m		 ul
N
0		 N
al
I
0		 I
0
ru
oj		 0
I		 ao 0
0		 I
0
m
tu		 I
0
m
tu		 0
ID
Ol		 m
lo
CI		 m
ut
0		 0
o
ru
N		 d
I
0
d		 00
ul
al		 r
r		 m
al		 r
O al
00 g ul d
CDI		 0
N		 0 0
N
m		 Cll
Ol
0		 I
d
0
'd		 ID
N
0		 D
I
r
al
r		 0
ul
m
I		 N
N		 N
0		 'd
0
0 ID
CD		 Cl
Cl		 CU0
tUu000 N
ta
0
CI
al0 4I al ul Ndul
m		 m
la
0
ID		 m
m
tll
co		 ca
ca
0
I
m		 M
oo		 ul
0
m		 O
ut
r
m
V
4I		 ul
&
VI 8
Ilo
0
0		 0 W Ol m
0
I
Cocr		 0 0 0 la
0
M		 0
0
tu
lo0 0
o.
4I
0 0
0
N
Zvc
Cm
0
al
OI
82
c
C m
C0 m
4I
al '0
5c 0
IU
u
III
C
al
0ooo
tu Z u.		 DCalo.
X
4I
0S
toC
~C		 ca
al
0Z
0
S		 0
4I
0
0
D
00
4I
0
U		 C0
0
E		 0
E
00
u
s
al		 Ct
4I0
at
tUIl
0		 0
'P
UaC		 0V
IS
C		 V 0
la
C
0
E
0
C		 alal
C
c
o
D
0		 C
0
4'
0,
0
0		 al
E
taa.		 00
4I
0
0O.
ar0
D
0		 alV000
al0
I~
DC0		 at
cS
0V
0		 O
0
E
C0
cu		 0V
4I
0
alI-		 0V
0
0
0
ul		 0
0
Cal
E
a
L1		 NO
Iu
al
40C
al0
u
Cl

This is st ated after char ging
2023 2022
E E
Depreciation 238,345 142,689
Dperaung lease rentals:
Property 147,335 109,647
Auditor's remuneration (excluding VAT):
Audit 20,600 18,750
Other services 1,300 1,250
taff costs w ere as f ollows:
2023 2022
Total Total
Staff under service level agreement with NHS 3,597,800 3,079,246
Wages and salaries 1,308,906 1,333,403
Employer's national insurance 368,934 291,718
Pension costs 419,656 388,283
Temporary & agency staff 431,863 268,681
Staff recharge
from		 EMH 875,967 749,243
Other staff costs 269,028 234,379
7,272,154 6,344,953
2023 2022
No. No.
Administration and fundraising 51 32
Hospice services 149 137
200 169

12.
Tangible fixed assets
Fixtures, Motor
Leasehold Leasehold fittings and Vehicles
Group and charity property improvements equipment Total
E E E E
Cost
At the start ofthe year 50,582 250,674 422,870 724,126
Additions
in year		 1,573 35,858 237,839 2,500 277,770
At the end ofthe year 52,155 286,532 660,709 2,500 1,001,896
Depreciation
At the start ofthe year 30,421 43,126 214,406 287,953
Charge for the year 13,042 67,986 156,822 495 238,345
At the end ofthe year 43,463 111,112 371,228 495 526,298
Net book value
At the end ofthe year 8,692 175,420 289,481 2,005 475,598
At the start ofthe year 20,161 207,548 208,464 436,173

The Group The Charity
2023 2022 2023 2022
E E E E
Listed investments
Fair value at the start ofthe year 1,558,028 1,331,835 1,558,028 1,331,835
Additions
at cost		 301,965 369,974 301,965 369,974
Disposal proceeds (1,727,234) (304,328) (1,727,234) (304,328)
Net (loss)/gain
on change		 in fair value (101,130) 160,547 (101,130) 160,547
Market value of investments 31,629 1,558,028 31,629 1,558,028
Cash held by investment broker pending
reinvestment 341,965 341,965
Investment
in subsidiary
Fair value at the end ofthe year 31,629 1,899,993 31,631 1,899,995
The investments
comprise:
The Group The Charity
2023 2022 2023 2022
E E E E
UK Common
investment		 funds 1,526,399 1,526,399
Shares and bonds listed on the
London Stock Exchange 31,629 31,629 31,629 31,629
Cash 341,965 341,965
31,629 1,899,993 31,629 1,899,993

2023 2022
E E
Turnover 402,733 373,587
Cost ofsales (131,389) (118,092)
Gross profit/(loss) 271,344 255,495
Admimstrative expenses (18,202) (26,047)
Profit/(loss) for the financial year 253,142 229,448
Retained
earnings
Total retained earnings brought forward 477,536 305,748
Profit/(loss) forthe finanmal
year		 253,142 229,448
Distribution under
Gift Aid to parent		 charity (482,590) (57,660)
Total retained earnings carried forward 248,088 477,536
The aggregate ofthe assets, liabilities and reserves was:
Assets 288,307 535,666
Liabilities (40,217) (58,128)
Reserves 248,090 477,538
Amounts
owed to/from		 the parent undertaking are shown in notes 16and 17

2023 2022
E
Gross income 6,968,189 9,335,716
Result for the year (1,833,249) 1467 789

GI'oup Charity
2023 2022 2023 2022
E E E E
Trade debtors 39,351 56,978 39,526 56,978
Other debtors 28,186 31,591 28,098 31,501
Amounts due from group undertakings 9,074
VAT 40,816 51,422 40,816 54,528
Prepayments 61,607 35,598 61,607 35,598
Accrued income 10,348 1,933,854 10,348 1,933,854
189,382 2,109,443 180,395 2,112,459
Group Charity
2023 2022 2023 2022
E E E E
Trade creditors 201,005 297,804 188,116 294,437
Other creditors 174,099 99,391 154,871 55,486
Amounts due to group undertakings 179,045 99,111 525,649
Accruals 987,018 531,028 978,918 523,277
1,362,122 1,107,268 1,421,D16 1,398,849

Group Charity
2023 2022 2023 2022
E E E E
Balance at the begmning
of the year		 305,000 305,000
Amount released to income in the year )305,000) )305,000)
Amount deferred
in the year
Balance at the end ofthe year

General Designated Restncted Tata I
unrestricted funds funds funds
E E E E
Tangible
fixed assets		 475,598 475,598
Investments 31,629 31,629
Net current assets / (liabilities) 526,039 500,000 220,950 1246989
Net assets at the end ofthe year 1,033,266 500,000 220,950 1,754,216

General Designated Restricted Tata
I
unrestncted Funds Funds funds
E E E
Tangible fixed assets 436,173 436,173
Investments 1,399,993 500,000 1,899,993
Net current assets / (liabilities) 1,241,261 239,486 1,480,747
Net assets at the end ofthe year 3,D77,427 500,000 239 486 3816913
0 m
0		 w 0
ID
0		 lp 0 0
Ut		 ' 0
0
OO		 0
0
0
m		 0
0
0
Ul		 0
0
N
1		 0 0
0 0
0 0		 0
0
Ct
0		 0
0
0
m		 0
0
0
I		 0
0
0
m		 0
0
N		 0 o0o CI0
CD
Cl
0
0
0
0		 C0 UI
a o
ID
IU
Dl
0		 w Cl 0
r		 0
0
0		 0
o
r
0
Ol
140
Dl
CD
X
U/
00 0
8
0
1		 o
8
ID		 0
0
m
/1		 o 0
0 0
o 0
|o
0
0
0		 0
0
0
I		 0
0
0
I		 o
0
o
m		 0
0		 0
0
o		 m
m
m
0		 e
m
m		 0
0
o
I		 m
4
Ol
E000
0 0
0
0
0'
I		 0
m
Ul
r'		 O
o
0		 0
o
0		 0
0
0
0		 0
r
Oo
aa
0		 \0ca
DD
m
ID
C
Dl0
OD
'0
CI		 cl
E C 00. CCt
0
O.
IOZU
0
'0
0
Z
DD
N
0
C
0
U		 v0
4I Cl
f ta
00
Ie
CC
IU
I/I
Cmnl
C 10
ttl
4I 17
0
0
Ct0
0
0 0
Z
U.		 Cr
NDC
S		 „"
C
Il
4I
Cl		 ?.
D
0
O
tp		 0
Z
al
E
E
IO		 al
O.
g
2
Dl
0
E
0
U		 c
DD
0
E
0
V
a
o.
U		 E0
00
a
v
C0
14
C
4/0
E
E
U		 4/
E
D
E
Cl
Ut
00
DU
U
E
'00
ul		 0
E
E
E0
Cl
U
ID
w
I/IZZ		 C
0
0		 c
00
U
loC
0
0
Cl0		 0
D
0
1l
C
0
0
ID5		 0
iu 3
Ij 1l
D 2
0		 0
DZ		 00
a
IU
C
E
U		 Cl
D
V
I
0
U		 C
E
Y0
0
4I		 pO
Cl
0I
I—		 Cl
Cl
0
tU
V
V		 0
'D
p
Cl
U
C
to		 0
E
Cl
E
Ea
D
O.
C
U
IL		 CC
Ul
C0
0
D
'30
I
Z		 ctC
t
Dl
0
0 UI 0
0
0		 0
0
0		 0
r		 0
0		 rt
Ot O Ul
«I		 ~ mmC mm
m
0
dl
0		 Ch «I
Ch
Cd
0
0		 C0 UI 0
m		 Ct
m		 CI
m		 0
I
tp C C! CI CI
d
I tp r 0
0 tlf
dl
dl		 «I
O
0		 Ch
d		 lt m
Ch		 mm
Ch
0
4I0.
IU
8
tl
Ql
E0
IJ0		 m
0
~0
CQ0		 m
r
I
O		 0'
Ch
«t		 0'
Ch
«I
I		 pl
Cl
rm
0
Yl
C\
0.		 Ol
0
0
0
0		 0
0
0
0
0		 0
M
0m
I		 0
m
0
r
r		 d
r
r
0		 r
r
m		 m
pl
CQ		 Ql
00
4l
rd m m
0
00
CU
hl0
QlE00
D
Ql
E		 000 00
IJ
df
Ql
dl
Cl		 0
IQ Qt
III
CJ0
C
0
4t
'0 E 00
th 00
0
fd
Cl«U		 00
IJ
W'00		 o. 0a
a
ttl
0
0
$		 0
4
0
4
S
III
Qt
Z		 0
40
Ql
0
4		 0
rd		 D
Ql
4t
C		 CU,
c
0
0
o		 C0
C
C
0
D
Ql
«E
0 a
0
0
td
IU
tU
0 0		 0
D
td
dl
0
dl
I-		 D
0
ld
QlC
IU
0		 0
D
0
0
Ql
0
~I		 o
0
0
0
U
0
Ctf
Qt		 00
Cl
0
tll0
Ql00
0		 C
dl
QI
0		 '0
C
00		 tll0.
X
di0
tU
ttl
0
Ql
N0 W 0
O00
N		 N
Ut
r		 0
0
0		 D
0
0		 0
o
0
r		 0
«!
ta		 (0
ca		 d t
t		 00
W \0 0
Ql ID
C Ul r
C
C		 C0 W 0
Ct		 r
d
Ul
0		 r
t
Ul
0		 rfI
CD
4 Ul IO IO Ul
Ql
E
alC
IUO.!		 Ul
Ca
r0
N		 0
Ca
IDd		 ra
OlI
rf		 0'
N		 r (aO
0
4
N		 «I
m
r		 0 Ul
Ol
O		 Ul
Ol
Ul		 Ul
4
Ct
E
8		 UI «t
Cl		 o
0
0		 o
0
0		 0
0
0
f		 m
Ol
N
r
d		 0
«I
«i
th		 N
t
ci
I		 4
U
1
N'
«I		 4
d
Ul
r'
a		 0
Ul
0
Ol		 Ca
N
I
«I		 0
D
fa
m		 Ul
N
m
r		 I P
0
r
e
raO W 0
IO		 0
0
0
0		 Ul
0
«I
r		 m
Ol
m		 0
0
0
0'
0		 0
0
O
0
0		 OlN
ca		 0
r
I
0		 cod Ul
I
Ol		 Ol
r
ttlC0
uII!
ac
'0
Cl
0
E
«
U
LU 0
'a
E
«4I
0z
al 0
N
S gm
47
4I
4I 0
4I
0 0
QI V
la
«0
C 0
0 0
Bzo		 4
4I
0a
III'0
C
C
IU		 C
«ca
0
4t
4 0		 \
C
o
o
w		 0
0
al
E
E
U		 NZ
2		 4
tlt
C
0
aa
o.
O.
E
5 U
4C0
0
4
U
U		 C
0
E
4
0
0
U
C
E
CI
C
4I
al
E		 0D.
a
C
Ql
4I
4
0
0
'0
0
U
c
E
S		 0
a
C
D
I
0
a,
0
ICI		 0
D
C
E
E0
IU
J0
al
0
UI
Z
2		 0
Z
0a
0Z
c
4
Ca
C
C0
—
0
C
4
Ct
Z		 Ql
Cl
IC
~I
0
C
0		 40
14
Cl
0
0		 44 0
o000.
0		 0
1l
al
4C
lal
III
al0		 C
0		 14L
Ql
C
4
Ql
1
I—		 0
4
Cl
4t
8		 0
0
'5
D
C
at
C
al
0		 0
0
0
E
0
a.
'Cl
C
4
al
C
at
ID		 CL
0
ol
'0
C0
4IC
Clca
0		 00
'0
E		 «
C
o

22.
Reconciliation		 22.
Reconciliation		 of net incoming resources to net cash resources to net cash resources to net cash flow from operating activities
2023 2022
E E
Net (eapenditure) / income for the reporting period (2,062,697) 1,697,234
(as per the statement
offinancial activities)
Depreciation
charges		 238,345 142,689
Losses/(gains)
on investments		 101,130 (160,547)
Dwidends,
interest		 and rent from investments (46,671) (30,552)
(Increase)/
Decrease		 m stocks (1,835) 1,037
Decrease/(increase) in debtors 1,92D,061 (1,599,362)
Increase/(decrease) in creditors 254,854 (113,005)
Net cash provided by/(used in) operating activities 403,187 (62,506)
Analysis ofcash and cash equivalents
2023 2022
E E
Cash
in hand		 2,416,311 476,989
Analysis of changes in net debt
1Apnl Cash flows 31March
2022 2023
E E
Cash m hand 476,989 1,939,322 2,416,311

Property
2023 2022
E E
Less than one year 190,500 145,833
One to fwe years 682,833 466,000
Over five years 428,917 287,917
1,302,250 899,750