## ## ## |Trustees'
Annual
Report|1—7| |---|---| |Report ofthe Independent
Auditor|8 —12| |Statement of Financial Activities|13| |Balance Sheet|14| |Statement of Cash Flows|15—16| |Principal
Accounting
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Ql| ## ## |||||||2023|2022| |---|---|---|---|---|---|---|---| |||||||Totalfunds|Totalfunds| |||||||f|| |Cash Rows from operating activities:|||||||| |Net cash provided Syoperating
activities||||||(571,428)|(696,779)| |Cash flow from investing
activities:|||||||| |Dividends,
interest
and rents from investments||||||72,543|63,635| |Purchase of property,
plant and equipment
Proceeds from sale of investments||||||(751)
5,636,265|(287)
2,803,791| |Purchase ofinvestments||||||(2,999,000)|(2,603,254)| |Net cash from/fusedjin
investing
activities||||||2,709,057|263,885| |Change
in cash and cash equivalents|in|the reporting||period||2,137,629|(432,894)| |Cash and cash equivalents
at 31December 2022||||||106,521|539,415| |Cash and cash equivalents
at 31December|||2023|||2,244,150|106,521| |||||||2023|2022| |||||||Totalfunds|Totalfunds| |||||||t|| |||||||(177,066)|(1,974,698)| |Reconciliation
ofnet income/(expenditure)|||to net|cash flow from|||| |operating activities:|||||||| |Net income for the reporting
period|(as per the statement||||o/||| |financial activitiesj|||||||| |Adjustments
for:
Depreciation
(Gains) on investments||||||1,903
(346,181)|1,766
1,298,317| |Dividends,
interest,
and rent from investments
Decrease in debtors||||||(72,543)
16,837|(63,635)
29,121| |Decrease
in creditors||||||5,622|12,350| |Net cash provided
(used in) operating||activities||||(571,428)|(696,779)| |||||||2023|2022| |||||||Totalfunds|Totalfunds| |||||||6|f| |Analysis ofcash and cash equivalents
Cash in hand||||||157,025|89,800| |Cash on deposit
Total cash and cash equivalents||||||2,087,125
2,244,150|16,721
106,521| ## |||At|1January|Cash flow|At 31December| |---|---|---|---|---|---| ||||2023||2023| |Analysis ofchange|in net debt||6|f|6| |Cash in hand
Cash on deposit|||89,800
16,721|67,225
2,070,404|157,025
2,087,125| |Total cash and cash|equivalents||106,521|2,137,629|2,244,150| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Charitable
ac|tivities income|||||||| |---|---|---|---|---|---|---|---|---| |||Unrestricted|Restricted|2023|Unrestricted||Restricted|2022| |||funds|funds|Total||funds|funds|Total| |||f|f|f||f|f|f| |Family Angels|||25,000|25,000|||10,000|10,000| |Angels Den|||52,500|51,500||||| |Charity development||||||||| |programmes||||||2,000||2,000| |Total|||77.500|77,500||2,000|10,000|12,000| |Total income||||||||| |No income was attributable||to geographical|markets outside the United|||Kingdom.||| |Costs of raising funds||||||||| |||Unrestricted||Restricted|||Restricted|Basis of| ||||funds|funds||Total|funds|allocation| ||||2023|2023||2023|2022|| ||||f||f|f|f|| |Investment|management|costs|29,115|||29,115|45,072|Direct| |Total|||29,115|||29,115|45,072|| ## |||Unrestricted|Restricted|2023
Unrestricted|Restricted|2022| |---|---|---|---|---|---|---| |||funds
6|funds
f|Total
funds
f
f|funds
f|Total
f| |Family Angels
Angels Den|||69,946
100,000|69,946
100,000|17,859|17,859| |Grants (see below)||269,161||269,161
426,223||426,223| |Charity development||||||| |programmes||205,068||205,068
262,862||262,862| |Tota I||474,229|169,946|644,175
689,085|17,859|706,944| |||||Activities|Support|| |||||undertaken|costs|Total| |Family Angels supported
115families
Angels Den funded 10charities
Grants (See note 6)
Charity development
programmes||||directly
f
69,946
100,000
193,909
111,687|(note 9)
6
75,252
93,381|2023
6
69,946
100,000
269,161
205,068| |Total 2023||||475,542|168,633|644,175| |||||Activities|Support|| |||||undertaken|costs|Total| |Family Angels supported
27 families
Grants (See note 6)
Charity development
programmes||||directly
f
17,859
400,723
181,370|(note 9)f
25,500
81,492|2022
6
17,859
426,223
262,862| |Tota I 2022||||599,952|106,992|706,944| |Grants||||||| |||||2023|2022|| |Grants to institutions|by|project:||6|f|| |Children
activities
Community
partnerships
Charity infrastructure
Financialinsecurity
Food projects
Health and wellbeing||||42,723
28,750
32,840
3,300
6,700
40,119|142,028
19,145
3,570
30,500
6,200
83,650|| ## |Environmental
activities|1,800|47,000| |---|---|---| |Housing support
Social isolation|35,177
2,500|67,630
1,000| ||193,909|400,723| ||2023|2022| ||E|E| |Grants to institutions:||| |Grants greater than E5,000
Wycombe
Homeless Connection
Child Bereavement|35,177
21,000|64,500
20,800| |Oasis Partnership
Bucks Mind|15,000
10,000|| |DEBRA|10,000|16,000| |Been There|6,000|| |Bucks County Agricultural
Association
Heart of Bucks|6,000
6,000|10,000| |St Andrews
Church
High Wycombe
Lindengate
PACE|5,400|25,000
25,000| |Princes Trust||20,986| |Citizens Advice||20,000| |Tall Ships
Chiltern
Rangers
Epilepsy Society
Action4Youth||19,120
15,000
10,000
10,000| |Peter Jones Foundation||10,000| |Maytree Suicide Respite Centre
Helen
gr Douglas House
Buckinghamshire
Culture
(BNIJ)
Youth Concern Buckinghamshire
Inspire Bucks
Thomley
Hall Centre
Bucks Older People Action Group
Follyfoot
20Grants ofE2,000to E5,000(2022:18)
Other Grants under f2,000|(10,000)
66,300
23,032|10,000
10,000
10,000
10,000
6,050
5,500
5,000
5,400
51,320
21,047| ||193,909|400,723| ## ## ## ||||Costs of|||| |---|---|---|---|---|---|---| ||Charitable||raising|2023|2022|| ||activities
f|Governance
f|funds
f|Total
f|Tota I
f|Basis of
allocation| |Marketing
including||||||| |website
Promotional
projects
Grants
Family Angels
Angels
Den
Event costs
Cost ofseminars
Employment
costs
Building costs
Office costs
Travel costs
ITexpenses
Depreciation
Audit
gt accountancy
Legal Ik professional|3,195
1,419
193,909
69,946
100,000
21,186
1,917
221,939
(2,735)
5,352
4,736
10,283
1,903
3,713|7,380|29,115|3,195
1,419
193,909
69,946
100,000
21,186
1,917
221,939
(2,735)
5,352
4,736
10,283
1,903
7,380
32,828|4,628
1,173
400,723
17,859
10,954
219,827
21,725
5,057
3,826
11,993
1,766
6,870
45,447|Direct'
Direct*
Direct*
Direct*
Direct*
Direct*
Direct*
Staffing
Direct*
Staffing
Staffing
Staffing
Direct*
Governance
Direct*| |Bank charges|32|||32|168|Staffing| ||636,795|7,380|29,115|673,290|752,016|| |Total expenditure
includes:||||||| |||||2023|2022|| |||||f|f|| |Auditors
remuneration:||||||| |Audit services
Depreciation:||||7,380|6,870|| |Tangible fixed assets||||1903|1766|| ## ## ## ## |||||Admin
fk|Information|Total| |---|---|---|---|---|---|---| ||||Governance|Finance|Technology|2022| |||||E||6| |Grants||||25,500||25,500| |Charity development||programmes|6,870|62,629|11,993|81,492| |Total 2022|||6,870|88,129|11,933|106,992| |Basis ofallocation|||Direct|Direct|Direct|| |9
Employees||||||| |||||2023||2022| |||||E||f| |Wages and salaries
Social security costs
Pension costs||||197,409
17,222
6,414|195,434
17,748
5,949|| |Group life assurance
Staff training
& recruitment||||834
60||696| |||||221,939|219,827|| |||||2023||2022| |||||Number|Number|| |Employees||||||| ## ## ## ## ## ||||Fixtures,|Computer|Total| |---|---|---|---|---|---| ||||Fittings
8L|Equipment|| ||||Office|&Software|| ||||Equipment||| ||||E||| ||Cost||||| ||At 1January
Additions|2023|2,697|3,707
751|6,404
751| ||At 31December 2023||2,697|4,458|7,155| ||Depreciation||||| ||At 1January 2023
Charge for year||1,414
539|1,916
1,364|3,330
1,903| ||At 31December 2023||1,953|3,280|5,233| ||Net book value||||| ||At 1January|2023|1,283|1,791|3,074| ||At 31December 2023||744|1,178|1,922| |12|Investment|assets|||| ||2023|2022| |---|---|---| |Quoted investment
funds
Cash|E
3,924,987
1,282,125|E
5,411,071
16,721| ||5,207,112|5,427,792| |Market value at 1January 2023|5,411,071|6,909,925| |Additions
at cost
Disposal proceeds
Realised Investment
gains/(losses)
Unrealised
Investment
gains|3,804,000
(5,636,265)
225,194
120,987|2,603,254
(2,803,791)
(1,866,132)
567,815| |Market value at 31December 2023|3,924,987|5,411,071| |Historic cost of investments
as at 31December 2023|3,804,000|4,843,256| ## ||Notes to the|financial stat|financial stat|financial stat|ements|ements||| |---|---|---|---|---|---|---|---|---| ||Quoted investment|funds were invested|||in the following categories:||2023
f|2022
f| ||Bonds||||||364,129|889,422| ||Liquidity funds
Gold and precious metal
Private equity
Property
Equities
Cash||||||805,000
308,546
154,884
2,157,894
134,534|169,378
560,752
249,212
3,542,308
16,721| ||Total||||||3,924,987|5,427,792| ||All investments
are|held within the||UK and at 31December||2023 investment|holdings
in excess|of 5%| ||ofthe total portfolio were as follows:|||||||| ||||||||2023|2022| ||Cazenove Sustainable
Multi-Asset|||Fund|||59.9%|| ||JPMorgan
GBP Liquidity
Fund
HSBCSterling ESG Liquidity
Fund
Vanguard
FTSE UK All Share Index||||||7.7%
7.7%|7.350| |13|Debtors|||||||| ||||||||2023|2022| ||||||||E|f| ||Other debtors||||||12,500|| ||Prepayments||||||3,858|5,789| ||||||||16,358|5,789| |14|Social Investment|loans||||||| ||||||||2023|2022| ||||||||f|f| ||Social investment
loans||||||14,000|41,406| ||||||||14,000|41,406| ||Included
in the total above,||ENil (2022:||E14,000) is due in greater than 1year.|||| ||The social investment
loans||are interest||free and repayable|over up to 36 months.||| |15|Creditors: amounts|falling due within one year|||||2023|2022| ||||||||E|| ||Trade creditors
Accruals
Social security and
Other creditors|other taxes|||||4,541
97,406
6,228
1,706|2,409
95,259
5,561
1,030| ||||||||109,881|104,259| ## ## ## ## ## ## |Minimum
lease pa|ym|ents
fall due as foll|ows:||| |---|---|---|---|---|---| |||||2023|2022| |||||E|f| |Other operating
leases|||||| |Due in 1year
Due between
2to|5 years|||19,869
44,286|19,500
43,875| |Fund movements|summary||||| ||||Unrestricted|Restricted|| ||||funds|funds|Total| ||||(note 19)f|(note 20)
E|funds
6| |At 1January 2023|||5,451,461|12,141|5,463,602| |Incoming
resources
Expenditure
Transfer from general||fund|72,543
(503,344)
(90,985)|77,500
(169,946)
90,985|150,043
(673,290)| |Gain on investments|||346,181||346,181| |At 31December 2023|||5,275,856|10,680|5,286,536| ||||Unrestricted|Restricted|| ||||funds|funds|Total| ||||(note 19)|(note 20)|funds| ||||6|E|| |At 1January 2022|||7438300||7,438,300| |Incoming resources
Expenditure
Transfer from general||fund|65,635
(734,157)
(20,000)|30,000
(17,859)
20,000|95,635
(752,016)| |Loss on investments|||(1,298,317)||(1,298,317)| |At 31December 2022|||5,451,461|12,141|5,463,602| ## ## ## |Unrestricted
funds||||||| |---|---|---|---|---|---|---| ||||General|Unrealised|Total|| |||undesignated
revaluation|||unrestricted|| ||||funds|reserve|funds|| ||||E|6|6|| |At 1January 2023
Incoming resources
Expenditure
Transfer from general
Gain on investments|fund||4,567,457
72,543
(503,344)
(90,985)
1,109,198|884,004
(763,017)|5,451,461
72,543
(503,344)
(90,985)
346,181|| |At 31December 2023|||5,154,869|120,987|5,275,856|| ||||General|Unrealised|Total|| |||undesignated||revaluation|unrestncted|| ||||funds|reserve|funds|| ||||E|||| |At 1January 2022
Incoming resources
Expenditure
Transfer from general
Loss on investments|fund
investment||5,255,979
65,635
(734,157)
(20,000)|2,182,321
(1,298,317)|7,438,300
65,635
(734,157)
(20,000)
(1,298,317)|| |At 31December 2022|||4,567,457|884,004|5,451,461|| |Restricted funds||||||| ||Balance at||Transfer from||Balance|at| ||1January
2023
E|incoming
f|General
funds
E|Outgoing
f|31December
2023
f|| |Angels Den
Family Angels|12,141|52,500
25,000|50,000
40,985|(100,000)
(69,946)|2,500
8,180|| ||12,141|77,500|90,985|(169,946)|10,680|| ## ## ## ## ## ## ## ## ## ## ## ## ##