| James Francis | |
|---|---|
| Ensors Accountants | LLP |
| Incubator 2 | |
| The Boulevard | |
| Enterprise Campus |
|
| Alconbury Weald |
|
| Huntingdon | |
| Cambridgeshire | |
| PE28 4XA |
| Unrestricted | Unrestdcted | |||
|---|---|---|---|---|
| Funds | Funds | |||
| Year ended | Year ended | |||
| 28 February | 28 February | |||
| 2023 | 2022 | |||
| Notes | ||||
| Income from | ||||
| Legacies &donations | 32,015 | |||
| Dividends & interest |
42,500 | 35,329 | ||
| Total income | 74,515 | 35,329 | ||
| Expenditure on |
||||
| Charitable activities |
14,000 | 19,000 | ||
| Costs of raising funds | 16,228 | 15,987 | ||
| Other costs | 10,937 | 10,853 | ||
| Total expenditure | 41,165 | 45,840 | ||
| Net (expenditure)/income | 33,350 | (10,511) | ||
| Other recognised | gains and losses | |||
| Net gains on investments | 66,983 | 185,726 | ||
| Net movement In funds |
100,333 | 155,215 | ||
| Total funds brought | forward | 2,004,258 | 1,849,043 | |
| Total funds carried forward | 2,104,591 | 2,004,258 |
| 28 February | 28February | |||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| Notes | 8 | 8 | ||||||
| Fixed assets | ||||||||
| Investments | 2,032,266 | 1,946,423 | ||||||
| Current assets | ||||||||
| Debtors | 2,113 | |||||||
| Cash at bank | and | In | hand | 74,125 | 78,700 | |||
| 74,125 | 80,813 | |||||||
| Creditors: amounts | falling due | |||||||
| within one year | 9 | (1,800) | (22,978) | |||||
| Net current | assets | 72,325 | 57,835 | |||||
| Total assets | less | current | ||||||
| liabilities | 2,104,591 | 2,004,258 | ||||||
| Represented | by | |||||||
| Unrestricted | funds | |||||||
| Designated funds |
10 | 2,032,266 | 1,946,423 | |||||
| General funds | 72,325 | 57,835 | ||||||
| Total unrestricted | funds | 2,104,591 | 2,004,258 |
| 2 | Legacies and donations | Legacies and donations | Legacies and donations | ||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| 6 | |||||||
| Unrestricted funds: |
|||||||
| Donations | 32,015 | ||||||
| 3 | Dividends and interest |
2023 | 2022 | ||||
| 2 | 2 | ||||||
| Income from listed investments | 42,268 | 35,329 | |||||
| Interest receivable | 232 | ||||||
| 42,500 | 35,329 | ||||||
| 4 | Expenditure | 2023 | 2022 | ||||
| B | 6 | ||||||
| Charitable activities |
|||||||
| Grants to institutions: | |||||||
| The Society for protection | of Animals | Abroad | 5,000 | ||||
| Blue Cross | 9,000 | 1,000 | |||||
| Greenpeace Charitable |
Trust | 1,000 | |||||
| Hearing Dogs for the |
Deaf | 1,000 | |||||
| Kent Wildlife Trust | 1,000 | ||||||
| League Against Cruel Sports | 1,000 | ||||||
| PACT Animal Sanctuary |
1,000 | ||||||
| PDSA | 1,000 | ||||||
| RSPB | 1,000 | ||||||
| RSPCA | 1,000 | ||||||
| Royal Veterinary College Animal Care Trust |
1,000 | ||||||
| SPANA (Society for the | protection of | animals abroad) | 1,000 | ||||
| Sight Savers International | 1,000 | ||||||
| The Brooke Hospital | for | Animals | 1,000 | ||||
| The Dogs' Trust | 1,000 | ||||||
| World Society for the | Protection of Animals | 1,000 | |||||
| WWF - UK | 1,000 | ||||||
| CamVet | 1,000 | ||||||
| Dogs for Good | 1,000 | ||||||
| PETA Foundation | 1,000 | ||||||
| 14,000 | 19,000 |
| 4 | Expenditure | (continued) | 2023 | 2022 | ||
|---|---|---|---|---|---|---|
| 8 | 8 | |||||
| Reconciliation ofgrants payable | ||||||
| Commitments | unpaid at 1 March 2022 | 19,000 | 19,000 | |||
| Commitments | made in the year (above) |
14,000 | 19,000 | |||
| Grants paid | during the year | (33,000) | (19,000) | |||
| Commitments | unpaid at 28 February 2023 (Note 9) |
19,000 | ||||
| Costs of raising funds Investment managers' fees |
16,228 | 15,987 | ||||
| 16,228 | 15,987 | |||||
| Other costs | ||||||
| Management, | administration | and accountancy | fees | 9,050 | 7,694 | |
| independent examination: Independent examination fees Other services - accountancy |
1,800 | 2,620 480 |
||||
| Irrecoverable | withholding tax |
87 | 59 | |||
| 10,937 | 10,853 |
| 7 | Fixed asset investments | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| 6 | K | ||||||
| Listed investments: | |||||||
| Market value at 1 March | 2022 | 1,904,112 | 1,596,301 | ||||
| Additions at cost |
213,520 | 411,835 | |||||
| Disposal proceeds | (187,658) | (269,750) | |||||
| Realised losses on disposals | 79,867 | 1,169 | |||||
| Unrealised gains/(losses} |
on revaluation | (12,885) | 164,557 | ||||
| 66,982 | 165,726 | ||||||
| 1,998,9S6 | 1,904,112 | ||||||
| Cash | 35,310 | 42,311 | |||||
| Market value at 28 February 2023 | 2,032,266 | 1,948,423 | |||||
| Historical cost ofinvestments |
1,362,828 | 1,257,099 | |||||
| The portfolio was comprised as follows: |
|||||||
| Equities | 1,356,840 | 1,389,733 | |||||
| Fixed Interest Securities | 148,512 | 185,615 | |||||
| Alternative Assets |
442,553 | 328,764 | |||||
| Open Ended Investment | Unit Trust | 49,051 | |||||
| Cash | 35,310 | 42,311 | |||||
| 2,032,266 | 1,946,423 | ||||||
| Investments representing |
more than 5%of | the total | market value | ofthe listed | investments | portfolio were | |
| as follows: | |||||||
| European Opportunities |
Trust Pic Ord GBO0,01 | 99,450 | |||||
| Link Fund Solutions Ltd |
Ruffer Total Return | C Dis | 112,680 | ||||
| Fidelity European Trust |
Pic Ord GBP0.025 | 101,100 | |||||
| ishares FTSE100UCITS ETF NAV | 97,567 | ||||||
| ishares S&P500 UCITS | ETF NAV | 108,371 |
| 8 | Debtors | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| f | f | ||||
| Other debtors | 2,113 | ||||
| 2,113 | |||||
| 9 | Creditors; | amounts | falling due within one year | ||
| 2023 | 2022 | ||||
| f | f | ||||
| Grants payable (note | 4) | 19,000 | |||
| Other creditors | 1,800 | 3,978 | |||
| 1,800 | 22,978 |
| 1 March | New | Designations | 28 February | ||
|---|---|---|---|---|---|
| 2022 | designations | released | 2023 | ||
| f | f | f | |||
| Investment | fund | 1,946,423 | 273,501 | (187,658) | 2,032,266 |
| 1 March | New | Designations | 28 February | ||
| 2021 | designations | released | 2022 | ||
| f | F | f | f | ||
| Investment | fund | 1,750,492 | 465,681 | (269,750) | 1,946,423 |