2023-03-31-accounts - Pharmaco Foundation Ltd

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		Page
Report ofthe Trustees	1	to	2
Independent Examiner's Report
Statement ofFinancial Activities
Statement ofFinancial Position	5	to	6
Notes to the Financial Statements	7	to	12
Detailed Statement ofFinancial Activities		13

					2023	2022
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			37,999		37,999	38,201
Investment income Other income			34,027 929		34,027 929	31,545 904
Total			72,955		72,955	70,650
EXPENDITURE ON
Charitable activities
Education activities Foodk clothing activities Medical activities Religious activities Assitance - Poor 8cNeedy			3,833 5,000 8,227 4,250		3,833 5,000 8,227 4,250	5,500 2,000 1,000 25,090
Other			10,120		10,120	7,398
Total			31,430		31,430	40,988
NET INCOME			41,525		41,525	29,662
RECONCILIATION	OF FUNDS
Total funds brought forward			344,380		344,380	314,718
TOTAL FUNDS CARRIED FORWARD			385,905		385,905	344,380

				2023	2022
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets		260,994		260,994	263,094
CURRENT ASSETS
Debtors		649		649	281
Cash at bank		132,724		132,724	88,915
		133,373		133,373	89,196
CREDITORS
Amounts falling due within one year	10	(8,462)		(8,462)	(7,910)
NKT CURRENT ASSETS		124,911		124,911	81,286
TOTAL ASSETSLESSCURRENT
LIABILITIES		385,905		385,905	344,380
NET ASSETS		385,905		385,905	344,380
FUNDS
Unrestricted funds:
General fund				385,905	344,380
TOTAL FUNDS				385,905	344,380

3.	CHARITABLE ACTIV	ITIES COSTS
					Direct
					Costs
	Education activities Food &clothing activities Religious activities Assitance - Poor &Needy				3,833 5,000 8,227 4,250
					21,310
4.	SUPPORT COSTS
				Governance
			Other	costs	Totals
			E
	Other resources expended		9,720	400	10,120
5.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting):
				2023	2022
	Depreciation - owned assets			2,100	2,100

		Unrestricted	Restricted	Total
		funds	funds	funds
INCOME	AND ENDOWMENTS FROM
Donations	and legacies	38,201		38,201
Investment income Other income		31,545 904		31,545 904
Total		70,650		70,650
EXPENDITURE ON
Charitable	activities
Education activities Food &clothing activities		5,500 2,000		5,500 2,000

				Unrestricted	Restricted	Total
				funds	funds	funds
	Medical activities Assitance - Poor Ec	Needy		1,000 25,090		1,000 25,090
	Other			7,398		7,398
	Total			40,988		40,988
	NET INCOME			29,662		29,662
	RECONCILIATION		OFFUNDS
	Total funds brought	forward		314,718		314,718
	TOTAL FUNDS CARRIED FORWARD			344,380		344,380
8.	TANGIBLE FIXEDASSETS
				Freehold	Plant and
				property	machinery	Totals
	COST
	At 1April 2022 and	31March 2023		258,894	21,000	279,894
	DEPRECIATION
	At 1 April 2022 Charge for year				16,800 2,100	16,800 2,100
	At 31March 2023				18,900	18,900
	NET BOOK VALUE
	At 31March 2023			258,894	2,100	260,994
	At 31March 2022			258,894	4,200	263,094

					2023	2022
	Trade debtors				368
	Prepayments				281	281
					649	281
10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE			YEAR
					2023	2022
	Trade creditors VAT Other creditors Accrued expenses				1,315 1,497 5,250 400	796 1,464 5,250 400
					8,462	7,910
11.	MOVEMENT	IN FUNDS
					Net
					movement	At
				At 1.4.22	in funds	31.3.23
	Unrestricted funds
	General fund			344,380	41,525	385,905
	TOTAL FUNDS			344880	41,525	385,905
	Net movement	in funds, included	in the above are as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
	Unrestricted funds
	General fund			72,955	(31,430)	41,525
	TOTAL FUNDS			72,955	(31,430)	41&525

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		70,650	(40,988)	29,662
TOTAL FUNDS		70,650	(40,988)	29,662
A current year 12months		and prior year 12months combined position is as follows:
			Net
			movement	At
		At 1.4.21	in funds	31.3.23
			f.
Unrestricted	funds
General fund		314,718	71,187	385,905
TOTAL FUNDS		314,718	71,187	385,905

		PHARMACO FOUNDATION LTD
		Detailed Statement ofFinancial Activities
		for the Year Ended 31March 2023
			2023	2022
INCOME AND	ENDOWMENTS
Donations and legacies
Donations			37,999	38,201
Investment income
Rents received			34,027	31,545
Other income
HMRC Gift Aid			929	904
Total incoming	resources		72,955	70,650
EXPENDITURE
Charitable activities
Education activities			3,833	5,500
Food &clothing	activities		5,000	2,000
Medical activities				1,000
Religious activities			8,227
Assistance-Poor	&Needy		4,250	25,090
			21,310	33,590
Support costs
Other
Rates, Insurance	&S/Charges		4,830	2,572
Light and heat			2,790	2,326
Depreciation oftangible fixed assets			2,100	2,100
			9,720	6,998
Governance costs
Accountancy fees			400	400
Total resources expended			31,430	40,988
Net income			41,525	29,662