||||Contents|
|---|---|---|---|
|Reference and administrative||Information ..|.3|
|Trustees' report. .||||
|Independent<br>examiner's|report.|||
|Statement offinancial activities||.||
|Balance Sheet..||||
|Cashf low Statement ..|||... 17|
|Principal accounting<br>policies||||
|Notes to the accounts.|||211|





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||Charity|Charity|Name|The UK Friends of The|The UK Friends of The|Mustique|Mustique|Charitable|Trust|
|---|---|---|---|---|---|---|---|---|---|
|||Trustees||Mrs 1/alerie Jungels-Winkler|||(Chair) —until||19July|
|||||2022||||||
|||||Mrs Asli Arah||||||
|||||Mr Roger Pritchard —from 19|||July|2022||
|||||Mr Andrew<br>Charles James Rodger||||||
|||||Mrs Isabelle Winkler||||||
||Registered||office|The Trust Partnership||||||
|||||6Trull Farm Buildings||||||
|||||Trull||||||
|||||Tetbury||||||
|||||GL8 8SQ||||||
|||Webslte||htt<br>s//musti<br>uecharitabletrust.|||com|||
|Charity|Registration|Number||1125777||||||
||||Auditor|Dunkley's<br>Chartered|Accountants|||||
|||||Woodland's<br>Grange||||||
|||||Woodland's<br>Lane||||||
|||||Bradley Stoke||||||
|||||BS324JY||||||
||Accountants|||Trust Accounting<br>Limited||||||
|||||6Trull Farm Buildings||||||
|||||Trull, Tetbury||||||
|||||Gloucestershire||||||
|||||GL8 8SQ||||||
|||Bankem||C. Hoare &Co.||||||
|||||37Fleet Sireet||||||
|||||London||||||
|||||EC4P 4DQ||||||
||Grant administrators|||The Trust Partnership||Ltd||||
|||||6 Trull Farm Buildings||||||
|||||Trull, Tetbury||||||
|||||Gloucestershire||||||
|||||GLS 8SQ||||||





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||||||Unrestricted|Restrl cted|Total funds|unrrestcted|Restricted|Total funds|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Yearto|Year to|Yearto|Year to|Year to|Year to|
||||||31 July|31July|31July|01 July|31 July|01 July|
|||||Notes|2022f|2022<br>0|2022|2021<br>0|2021<br>0|2021<br>0|
|Income from:|||||||||||
|Donations<br>and legacies||||1||43,317|43,317||1,295,110|1,295,110|
|In kind income||||7|23,814||23,814|20,137||20,137|
|Total income|||||23,814|43,317|67,131|20,137|1,295,110|1,315,247|
|Expenditure<br>on:|||||||||||
|Raising funds||||||4,024|4,024||6,315|6,315|
|Promoting<br>and enhancing||charitable|work|3|334,408|1,132,659|1,467,067|36,478|195,543|232,021|
|Other expenditure||||3|23,085||23,085|20,082||20,082|
|In kind expenditure||||7|23,814||23,814|20,137||20,137|
|Total expenditure|||||381,307|1,136,683|1,517,990|76,697|201,858|278,555|
|Net (expenditure)/income|||||(357,493)|(1,093,366)|(1,450J)59)|(56,560)|1,039,252|1,036,692|
|Profltl(loss) on exchange||||2|27,009||27,009|(2,012)|114|(1,898)|
|Net movement<br>In|funds||||(330,484)|(1,093,366)|(1,423,850)|(58,572)|1,093,366|1,034,794|
|Reconciliation<br>of|funds||||||||||
|Total funds brought|forward at 1 August 2021||||435,394|1,093,366|1,528,760|493,966||493,966|
|Total funds carried|forward|at 31 July|2022||104,910||104,910|435,394|1,093,366|1,528,760|





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||||||Unrestricted|Restricted|Total Unrestricted|Total Unrestricted|Restncted|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||Notes|2022|2022|2022|2021|2021|2021|
||||||F|6|||8||
|Current assets|||||||||||
|Cash at bank and|in|hand|||137,369|714,672|862,041|458,007|1,093,366|1,551,373|
|Liabilities|||||||||||
|Creditors:<br>amounts||falling|due|9|||||||
|within one year|||||||||||
|Accruals for grant|||||||||||
|payables|||||(13,969)|(714,672)|(728,641)|(11,455)||(11,455)|
|Trade creditors|||||(14,890)|-|(14,890)|(7,558)||(7,558)|
|Accruals and||deferred|||||||||
|income|||||(3,600)|-|(3,600)|(3,600)||(3,600)|
||||||(32,459)|(714,672)|(747,131)|(22,613)|-|(22,613)|
|Net current assets|||||104,910||104,910|435,394|1,093,366|1,528,760|
|Total net assets|||||104,910||104,910|435,394|1,093,366|1,528,760|
|Funds and reserves|||||||||||
|Initial capital|||||100||100|100|-|100|
|Unrestricted<br>funds|||||104,810||104,810|435,294|1,093,366|1,528,660|
|Total funds|||||104,910||104,910|435,394|1,093,368|1,528,760|





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|ashf low Statement|||||
|---|---|---|---|---|
|||Notes|2022|2021|
||||F|5|
|Cashf low from operating<br>activities:|||||
|Net cash provided<br>by operating<br>activities||A|(726,341)|998,124|
|Net cash from financin<br>activities<br>-exchange|||||
|(loss)/progt|||27,009|(1,898)|
|Change<br>In cash and cash equivalents|in the||||
|year|||(699,332)|996,226|
|Cash and cash equivalents<br>at opening|||1,551,373|555,147|
|Cash and cash equivalents<br>at closing||B|852,041|1,551,373|
|Notes to the statement<br>ofcash flows for the|||||
|year 31July 2021|||||
|A: Reconciliation<br>of net income and net movement|||||
|in funds to net cash used in operating<br>activities|||||
|Net income and net movement<br>offunds|(as||||
|per the statement<br>offinancial activities)|||(1,450,859)|1,036,692|
|Decrease/(Increase<br>in debtors)|||||
|(Decrease)/Increase<br>in creditors|||724,518|(38,568)|
|Net cash provided<br>by operating<br>activities|||(726,341)|998,124|
|50 Analysis<br>ofcash and cash equivalents|||||
|Total Cash and cash equivalents:<br>cash at bank|||||
|and in hand|||852,041|1,551,373|





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||1.<br>Donatio|ns<br>and legacies|||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Totalfunds|Unnrsntned|Restricted|Total funds|
||||Year to|Yearto|Yearto|Year to|Year to|Year to|
||||31July|31July|31July|31 July|31 July|31 July|
||||2022|2022|2022|2D21|2021|2021|
||||E|E.|E||E|E|
|The UK Friends of The||Mustique|||||||
|Charitable|Trust|||43,317|43,317||1,295,110|1,295,110|
|StVincent|&Grenadines|Environment|||||||
|Fund|||||||||
|Total: Donations||||43,317|43,317||1,295,110|1,295,110|



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|||Unrestricted|Restricted|Total|Unresnuted|Resirlcled|Total|
|---|---|---|---|---|---|---|---|
|||Year to|Yearto|Year to|Year to|Year to|Year to|
|||31July|31 July|31 July|31 July|31 July|31July|
|||2022|2022|2022|2021|2021|2021|
|||E|E|E|E|||
|Profit on exchange||||||114|114|
|Loss on exchange||27,009||27,009|(2,012)||(2,012)|
|Total (Loss)/Profit|on exchange|27,009||27,009|(2,012)|114|(1,898)|



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|||||Unrestricted|Restricted|Total|Unrestricted|Restncied|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||Year to|Year to|Yearto|Year to|Year to|Year to|
|||||31July|31July|31July|31 July|31 July|31 July|
|||||2022|2022|2022|2D21|2021|2021|
|||||E|E|E|E|E|E|
|Charitable|donations||(note 4)|344,408|1,132,659|1,467,067|35,478|195,543|232,021|
|Expenses|(note 5)|||19,485||19,485|17,082|-|17,082|
|Governance||costs (note 8)||3,600||3,600|3,000|-|3,000|
|Total||||357,493|1,132,659|1,490,152|56,560|195,543|252,103|





|4|Charitable<br>donations|||||||||
|---|---|---|---|---|---|---|---|---|---|
||Charitable<br>donations<br>during the year comprised||||||the following:|||
|||||||||Yearto|Year to|
|||||||||31July|31 July|
|||||||||2022|2021|
|||||||||5|E|
||Unrestricted|||||||||
||The UK Friends ofThe||Mustlque|Charitable|||Trust|||
||Vincy Table Tennis||||||||7,026|
||SHESHO||||||||4,429|
||VERF Farmer toolkit|||||||72,000||
||The Mustique<br>Charitable||Trust (VERF re-Imbursements)|||||190,253||
||Sion Hill Euphonium<br>Orchestra<br>Inc|||Grant||||9,725||
||Richmond<br>Vale Academy||Permaculture||Design||Course||10,663|
||Richmond<br>Vale Academy|||||||13,969||
||Junior Sailing Academy||||||||8,659|
||Salvation<br>Army Children's||Home||||||5,701|
||The Mustlque<br>Charitable||Trust -Relocation of41 Houses (40%)|||||58,460||
||Total|||||||334,408|36,478|
||Restricted|||||||||
||The Mustique<br>Charitable|Trust -Relocation|||of41||Houses (60%)|714,672||
||The Mustique<br>Charitable|Trust -Relocation|||of41||Houses (40%)|417,987||
||Total|||||||1,132,659||
||VERF Fund (Restricted)|||||||||
||Covid Fund re-allocation||||||||17,280|
||VERF —Purchase ofFarmers Tool Kits/Cleaning|||||Equipment|||178,263|
||Total||||||||195,543|
||Total grants and donations|||||||1,467,067|232,021|



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|Grant and ot|her administrative|costs||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Year to|Unrestricted|Restricted|Total|
|||Year to|Year to|Total|Year to|Year to|Year to|
|||31 July|31 July|31 July|31 July|31 July|31 July|
|||2022|2022|2022|2021|2021|2021|
|||6|6|6||f|E|
|Bank charges||679||679|549||549|
|Accountancy|&administration|18,807||18,807|16,533||16,533|
|Total||19,485||19,485|17,082||17,082|





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|6|Governance costs||||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||Year to|Year to|Year to|Year to|Year to|Year to|
||||31 July|31 July|31 July|31 July|31 July|31 July|
||||2022|2022|2022|2021|2021|2021|
||||F|E|E|E|9|E.|
||Total Funds: Statutory|audit fee|3,600||3,600|3,000|—|3,000|



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|||Unrestricted|Restricted|TotslUnrsstricted|TotslUnrsstricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||2022|2022|2022|2021|2021|2021|
|||E|E|E|||E|
|Accruals for grants payables||13,969|714,672|728,641|11,455|-11,455||
|Trade Creditors||14,890||14,890|7,558||7,558|
|Accruals and deferred|income|3,600||3,600|3,500||3,600|
|||32,459|714,672|747,131|22,613|-22,613||





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|10|Funds analysis|||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||2022|2022|2022|
||||6|6|6|
||Brought forward|1 August 2022|435,394|1,093,366|1,528,760|
||Income||23,814|43,317|67,131|
||Expenditure||(381,307)|(1,136,683)|(1,517,990)|
||Transfers|||||
||Gains and losses||27,009||27,009|
||Carried forward 31 July 2022||104,910||104,910|



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