2023-04-05-accounts - The Capricorn Foundation

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					Page
Reference and administrative		details ofthe Charity,	its Trustees	and advisers
Trustees' report					2-5
Independent auditors'	report	on the financial statements			6-10
Statement offinancial	activities
Balance sheet					12
Statement ofcash flows					13
Notes to the financial	statements				14-27

				Unrestricted	Total	Total
				funds	funds	funds
				2023	2023	2022
			Note	f000	OOOO	f000
Income from:
Charitable activities				160	160	3,916
Investments				4,175	4,175	3,470
Other income				39	39	16
Total income				4,374	4,374	7,402
Expenditure on:
Raising funds				877	877	900
Charitable activities				8,288	8,288	3,519
Total expenditure				9,165	9,165	4,419
Net (expenditure)/income		before net (losses)/gains
on investments				(4,791)	(4,791)	2,983
Net (losses)/gains	on investments			(4,114)	(4,114)	7,276
Net movement in	funds before other recognised
gains/(losses)				(8,905)	(8,905)	10,259
Other recognised	losses:
Foreign exchange	(losses)			(21)	(21)	(146)
Net movement in	funds			(8,926)	(8,926)	10,113
Reconciliation of	funds:
Total funds brought	forward			244,592	244,592	234,479
Net movement in funds				(8,926)	(8,926)	10,113
Total funds carried forward				235,666	235,666	244,592

				2023	2022
				FOOO	6000
Cash flows from operating	activities
Net cash used in operating	activities			(5,234)	(4,919)
Cash flows from investing	activities
Investment income				4,175	3,470
Proceeds from sale of investments				56,618	31,530
Purchase of investments				(68,518)	(28,150)
Gains/(loss) on currency transactions				(21)	(146)
Net cash (used in)/provided	by investing		activities	(7,746)	6,704
Change in cash and cash	equivalents	in	the year	(12,980)	1,785
Cash and cash equivalents	at the beginning		ofthe year	35,893	34,108
Cash and cash equivalents	at the end	of	the year	22,913	35,893

							Sup port of
							The
							Ramsbury
							Manor	Total	Total
							Foundation	funds	funds
							2023	2023	2022
							f000	f000	f000
	Insurance	costs					15	15	9
	Consultancy		fees				38	38	38
	Sundry expences						2	2	2
	Storage costs						40	40	36
	Governance		costs				135	135	146
							230	230	231
8.	Auditors'	remuneration
								2023	2022
								OOOO	f000
	Fees payable		to the	Charity's	auditor for the audit ofthe Charity's		annual
	accounts	including		irrecoverable		VAT		27	25

		2023	2022
		f000	OOOO
Freehold	property	3,104	3,104

			Listed	Unlisted
			investments	investments	Total
			f000	OOOO	OOOO
	Cost or valuation
	At 6 April 2022		149,242	4,455	153,697
	Additions		68,518		68,518
	Disposals		(58,634)		(58,634)
	Revaluations		(2,098)		(2,098)
	At 5 April 2023		157,028	4,455	161,483
	Impairment
	At 6 April 2022			2,601	2,601
	At 5 April 2023			2,601	2,601
	Net book value
	At 5 April 2023		157,028	1,854	158,882
	At 5 April 2022		149,242	1,854	151,096
13.	Debtors
				2023	2022
				f000	OOOO
	Due within one year
	Other debtors			3,440	7,147
	Prepayments and accrued income			6	6
				3,446	7,153
14.	Creditors: Amounts	falling due within one year
				2023	2022
				FOOO	f000
	Accruals and deferred	income		266	241

							2023	2022
							OOOO	E000
Financial	assets
Financial	assets measured	at fair value through		income and expenditure			24,767	37,747
Financial	assets that are debt instuments		measured		at amortised	cost	3,440	7,146
							28,207	44,893
							2023	2022
							f000	f000
Financial	liabilities
Financial	liabilities measured	at amortised	cost				(266)	(241)

Statement offunds	Statement offunds
Statement offunds - current year
	Balance at 6			Transfers	Gains/	Balance at 5
	April 2022	Income	Expenditure	in/out	(Losses)	April 2023
	OOOO	f000	FOOO	OOOO	OOOO	OOOO
Designated
funds
Works of art and
other heritage
assets	47,438					47,438
Capital
investment
fund	156,532	4,175	(877)	9,404	(4,135)	165,099
	203,970	4,175	(877)	9,404	(4,135)	212,537
General funds	40,622	199	(8,288)	(9,404)		23,129
Total funds	244,592	4,374	(9,165)		(4,135)	235,666

Statement offunds (continued)	Statement offunds (continued)
Statement offunds - prior year
	Balance at			Transfers	Gains/	Balance at
	1 April 2021	Income	Expenditure	in/out	(Losses)	5 April 2022
	f000	OOOO	f000	f000	f000	f000
Designated
funds
Works of art and
other heritage
assets	47,000			438		47,438
Capital
investment
fund	147,418	3,470	(900)	(3,187)	9,731	156,532
	194,418	3,470	(900)	(2,749)	9,731	203,970
General funds	40,061	3,932	(3,519)	2,749	(2,601)	40,622
Total funds	234,479	7,402	(4,419)		7,130	244,592

											2023	2022
											f.000	f000
	Net income/expenditure for			the	year	(as	per	Statement	of	Financial
	Activities)										(8,905)	10,259
	Adjustments for:
	(Gains)/losses on investments										4, 'l14	(7,276)
	Investment income										(4,175)	(3,470)
	Decrease/(increase)	in debtors									3,707	(2,164)
	Increase/(decrease)	in creditors									25	(30)
	Non cash adjustment	for assets		received		as a	donation					(2,238)
	Net cash used in operating		activities								(5,234)	(4,919)
19.	Analysis ofcash and cash equivalents
											2023	2022
											f000	f000
	Cash in hand										14,842	28,603
	Notice deposits										8,071	7,290
	Total cash and cash	equivalents									22,913	35,893