||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||I|to|4|
|Independent
Examiner's|Report||||
|Statement ofFinancial Activities|||||
|Balance Sheet|||||
|Notes to the Financial Statements||8|to|14|
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|||||for the Ye|ar Ended 5April 2023|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||Unrestricted|Total|
|||||||funds|funds|
|||||Notes||f|f|
|INCOME AND ENDOWMENTS|||FROM|||||
|Donations
and legacies||||||63,203|266|
|Investment
income||||||63,819|55,396|
|Total||||||127,022|55,662|
|EXPENDITURE ON||||||||
|Raising funds||||||13,232|14,269|
|Charitable
activities||||||||
|Grants payable||||||72,082|88,102|
|Total||||||85,314|102,371|
|Net gains/(losses)
on investments||||||(162,175)|132,313|
|NET INCOME/(EXPENDITURE)||||||(120,467)|85,604|
|RECONCILIATION|OF|FUNDS||||||
|Total funds brought
forward||||||2,929,818|2,844,214|
|TOTAL FUNDS CARRIED FORWARD||||||2,809,351|2,929,818|
|CONTINUING
OPERATIONS||||||||
|All income and expenditure||has arisen from||continuing|activities.|||
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||||Balance Sheet|||
|---|---|---|---|---|---|
||||5April 2023|||
|||||2023|2022|
|||||Unrestricted|Total|
|||||funds|funds|
||||Notes|f|f|
|FIXEDASSETS||||||
|Investments|||10|2,766,392|2,938,090|
|CURRENT ASSETS||||||
|Debtors||||62,787|44|
|Cash at bank||||22,311|35,961|
|||||85,098|36,005|
|CREDITORS||||||
|Amounts
falling|due within|one year|12|(42,139)|(44,277)|
|NET CURRENT ASSETS||||42,959|(8,272)|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||||2.809,351|2,929,818|
|NET ASSETS||||2,809,351|2,929,818|
|FUNDS|||13|||
|Unrestricted
funds:||||||
|General
fund||||2,730,721|2,929,818|
|IHRR Durham|University|Fund||78,630||
|||||2,809,351|2,929,818|
|TOTAL FUNDS||||2,809,351|2,929,818|
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|2.|DONATIONS|DONATIONS|AND LEGACIES|AND LEGACIES||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||f|f|
||Donations|||||435|266|
||Legacies|||||62,768||
|||||||63,203|266|
|3.|INVESTMENT INCOME|||||||
|||||||2023|2022|
|||||||f|8|
||Dividends|receivable||||42,199|37,360|
||Interest receivable|||||21,620|18,036|
|||||||63,819|55,396|
|4.|RAISING|FUNDS||||||
||Investment|management||costs||||
|||||||2023|2022|
|||||||f|f|
||Portfolio management|||||13,232|14,269|
|5|CHARITABLE ACTIVITIES COSTS|||||||
||||||Grant|||
||||||funding of|||
||||||activities|Support||
||||||(see note|costs (see||
||||||6)|note 7)|Totals|
||||||f.|||
||Grants payable||||59,668|12,414|72,082|
|*|GRANTS|PAYABLE||||||
||The total grants||paid during|the year was as follows:||||
|||||||2023|2022|
||||||||E|
||University|ofDurham||||38,750|56,377|
||Individuals|||||20,918|17,844|
|||||||59,668|74,221|
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|SUPPORT|COSTS||||
|---|---|---|---|---|
|||||Governance|
|||||costs|
|||||f|
|Grants payable||||12,414|
|Support costs, included||in the above. are as follows:|||
|Governance|costs||||
||||2023|2022|
||||Grants|Total|
||||payable|activities|
|||||f|
|Insurance|||459|448|
|Bank charges|||61|21|
|Legal and professional|||10,394|11,992|
|Independent|examinefs|fees|1,500|1,420|
||||12,414|13,881|
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|COMPAR|ATIVES FOR THE ST|ATEMEN|T OF FINANCIAL ACTIVIT|IES|
|---|---|---|---|---|
|||||Unrestrictal|
|||||funds|
|||||f|
|INCOME|AND ENDOWMENTS|FROM|||
|Donations|and legacies|||266|
|Investment|income|||55,396|
|Total||||55,662|
|EXPENDITURE ON|||||
|Raising funds||||14,269|
|Charitable|activities||||
|Grants payable||||88,102|
|Total||||102,371|
|Net gains|on investments|||132,313|
|NET hVCOhIE||||85,604|
||||Page10|continued
..|
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||COMPA|RATIVES|F|OR|THE STATEMEN|T OF FINANCIAL ACTIVIT|IES - continued||
|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted|
|||||||||funds|
|||||||||f|
||RECONCILIATION|||OF FUNDS|||||
||Total funds brought||forward|||||2,844,214|
||TOTAL|FUNDS CARRIED FORWARD||||||2,929,818|
|10.|FIXEDASSETINVESTMENTS||||||||
|||||||||Listed|
|||||||||investments|
|||||||||f.|
||MARKET VALUE||||||||
||At 6 April|2022||||||2,938,090|
||Additions|||||||220,179|
||Disposals|||||||(253,133)|
||Revaluations|||||||(138,744)|
||At 5 April|2023||||||2,766,392|
||NET BOOK VALUE||||||||
||At 5 April|2023||||||2,766,392|
||At 5 April|2022||||||2,938,090|
||There were no investment||||assets outside the UK.||||
||Cost or valuation
at||5 April||2023 is represented|by:|||
|||||||||Listed|
|||||||||investments|
|||||||||8|
||Valuation|in 2023||||||156,442|
||Cost|||||||2,609,950|
|||||||||2,766,392|
|I L|DEBTORS:AMOUNTS||||FALLINC DUE WITHIN ONE YEAR||||
||||||||2023|2022|
||||||||f|8|
||Other debtors||||||62,787|44|
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|CREDITOR|S: AMO|UN|TS F|A|LLING DUE WITHIN ONE Y|EAR|||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||||||||f||
|Accrual s and|deferred|income|||||42,139|44,277|
|MOVEMENT IN FUNDS|||||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 6,4.22|in funds|funds|5.4.23|
||||||f|f|f|f|
|Unrestricted|funds||||||||
|General
fund|||||2,929,818|(81,717)|(117,380)|2,730,721|
|IHRR Durham|University||Fund|||(38,750)|117,380|78,630|
||||||2,929,818|(120,467)||2,809,351|
|TOTALFUNDS|||||2,929,818|(120,467)||2,809,351|
|Net movement|in funds,||included||in the above are as follows:||||
||||||Incoming|Resources|Gams and|Movement|
||||||resources
f|expended
f|losses
f|in funds
f|
|Unrestricted|funds||||||||
|General
fund|||||127,022|(46,564)|(162,175)|(81,717)|
|IHRR Durham|University||Fund|||(38,750)||(38,750)|
||||||127,022|(85,314)|(162,175)|(120,467)|
|TOTAL FUNDS|||||127,022|(85,314)|(162,175)|(120,467)|
|Comparatives|for movement|||in|funds||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 6.4.21|in funds|funds|5.4.22|
|||||||f|||
|Unrestricted|funds||||||||
|General
fund|||||2,810,219|141,981|(22,382)|2,929,818|
|IHRR Durham|University||Fund||33,995|(56,377)|22,382||
||||||2,844,214|85,604||2,929,818|
|TOTAL FUNDS|||||2,844,214|85,604||2,929,818|
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|||||Incoming||Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|
|||||resources
f||expended
E|losses
E|in funds
f|
|Unrestricted||funds|||||||
|General|fund|||55,662||(45,994)|132,313|141,981|
|IHRR Durham||University|Fund|||(56,377)||(56,377)|
|||||55,662||(102,371)|132,313|85,604|
|TOTAL|FUNDS|||55,662||(102,371)|132,313|85,604|
|A current|year|12 months|and prior year 12 months|combined|position|is as follows:|||
|||||||Net|Transfers||
|||||||movement|between|At|
|||||At 6.4.21||in funds|funds|5.4.23|
|||||f||f|f|f|
|Unrestricted||funds|||||||
|General|fund|||2,810,219||60,264|(139,762)|2,730,721|
|IHRR Durham||University|Fund|33995||(95,127)|139,762|78,630|
|||||2,844,214||(34,863)||2,809,351|
|TOTAL|FUNDS|||2,844,214||(34,863)||2,809,351|
|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources
f|expended
f|losses|in funds
f|
|Unrestricted||funds||||||
|General|fund|||182,684|(92,558)|(29,862)|60,264|
|IHRR Durham||University|Fund||(95,127)||(95,127)|
|||||182,684|(187,685)|(29,862)|(34,863)|
|TOTAL|FUNDS|||182,684|(187,685)|(29,862)|(34,863)|
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