2023-03-31-accounts - Leicestershire, Leicester And Rutland Community Foundation

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			PAGE
Reference and administrative		details
Trustees Report			2-9
Independent Auditor's	Report		10-13
Statement of Financial	Activities		14
Balance Sheet			15
Statement ofCash Flows			16
Notes tothe accounts			17-29

		Note	Unrestricted	Restricted	Endowment	Total	Total
			Funds	Funds	Funds	2023	2022
Income and endowments	from		f	f	f	f	f
Donations and legacies			220	283,881	191,013	475,114	150,627
Investment income			2,064		119,680	121,744	117,578
Charitable activities			138,841	421,475	140,625	700,941	431,130
Other			4,100	6,189		10,289	14,847
Total income and endowments			145,225	711,545	451,318	1,308,088	714,182
Expenditure on
Raising funds			51,251	384		51,635	46,361
charitable activities			119,778	662,351		782,129	668,157
Total expenditure			171,029	662,735		833,764	714,518
Net gains/(losses) on investments		15	(5,820)		(179,302)	(185,122)	284,032
Net income/(expenditure)			(31,624)	48,810	272,016	289,202	283,696
Transfers between funds		21	58,812	70,701	(129,513)
Net movements offunds			27,188	119,511	142,503	289,202	283,696
Reconciliation offunds
Total funds brought forward			123,378	491,581	3,554,639	4,169,598	3,885,902
Total funds carried forward			150,566	611,092	3,697,142	4,458,800	4,169,598

			2023	2022
			f	f
Cash flow from operating activities	As	below	354,539	(191,727)
Cash flow from investing activities
Interest and dividends			121,744	117,578
Payments to acquire tangible fixed assets			(118)	(1,923)
Payments to acquire investments			(186,688)	(75,840)
Proceeds from sale ofinvestments			11,094	152,150
Net cash flow from investing activities			(53,968)	191,965
Net increase/(decrease) in cash and cash equivalents			300,571	238
Cash and cash equivalents at 1April 2022			492,835	492,597
Cash and cash equivalents at 31March 2023			793,406	49 .835
Cash and cash equivalents consists of:
Cash at bank and in hand			793,406	492,835
Cash and cash equivalents at31March 2023			793,406	~2,835
Reconciliation ofnet income to net cash flow from operating		activities
			2023	2022
			f	f
Net income for year			289,202	283,696
Deduct income from investment activities			(121,744)	(117,578)
Add losses/(gains) on investments			185,122	(284,032)
Depreciation oftangible fixed assets			868	962
(Increase)/decrease in debtors			(6,879)	(43,551)
(Decrease)/increase in creditors			7,970	(31,224)
Net cash flow from operating activities			354,539	(191,7277

	Grants received			2023	2022
	Restricted Funds:			f	f
	Other Expendable	Funds		421,475	344,721
	Unrestricted			138,841	34,338
	Endowment Funds			140,625	52,071
	Total ofgrants received			700,341	431,130
	Other incoming resources
				2023	2022
					f
	HMRC Employment	Allowance		4,000	4,000
	Grant return (unresticted		funds)	100
S.	OTHER INCOMING	RESOURCES
				2023	2022
				f	f
	HMRC Employment	Allowance		4,000	4,000
	'Grant return (unresticted		funds)	100
	Grant return (restricted funds)			6,189	10,847
				10,289	14,847

6. R	ESO	UR	CES EXPEN	DED ON RAI	SING FUNDS
				Unrestffcted	Restricted	Endowment	Total	Unrestricted	Restricted	Endowment	Total
				funds	funds	funds	2023	funds	funds	funds	2022
				f	f	f	f	f	f	f	f
Staff costs				49,572			49,572	46,081			46,081
Events	gr hospitality			1,679			1,679
Advertising		and	promotion						139		139
Office,	premises		and IT		384		384		141		141
				51,251	384		51,635	46,081	280		46,361

RESOURC	ES EXPEN	DED ON CHA	RITABLE ACT	IVITIES
		Unrestricted	Restricted	Endowment	Total	Unrestricted	Aestffcted	Endowment	Total
		funds	funds	funds	2023	funds	funds	funds	2022
		f	f	6	6	6	f	6	f
6rant s (see note	10)		628,504		628,504	250	529,123		529,373
Project expenses							250		250
Staff costs		28,821	33,727		62,548	22,332	39,364		61,696
Office, premises	and IT	25,427	120		25,547	17,723	114		17,837
Travel expenses		641			641	79			79
Professionalfees		13			13	919			919
Depreciation		868			868	962			962
Support costs (see note 8)		64,008			64,008	57,041			57,041
		119,778	662,351		782,129	99,306	568,851		668,157

8. ANALYSIS OF SUPPORT COSTS
	2023	2022
	f	f
Staff costs	52,608	50,736
Trustees expenses		1,012
Audit and accountancy	11,400	5,293
	64,008	57,041

		Unrestricted	Unrestricted	Comic Relief	Leicestershire	LLR	Women	Tampon	Other	Totals
		Funds		local	Fund	Coronavirus	Philanthropy	Tax	Expendable	2023
				Communities		Fund			Funds
		6		6	6	6			6
Grants					37,863	1,000	15,000	—	574,641	628,504
5'tof costs		132,387		1,812			445	9,857	21,613	166,114
Events & hospitality		1,679								1,679
Office premises and	IT	25,427					109		395	25,931
Travel expenses			641							641
Depreciation			868							868
Goverance &compliance			13							13
Audit &accountancy		10,014								10,014
		171,029		1,812	37,863	1,000	15,554	9,857	596,649	833,764
10.GRANTS TO ORGAN		ISATION	S			2023		2022
							6	6
Leicestershire Fund						37,863		9,100
LLR Coronavirus Fund						1,000		26,273
Women in Philanthropy						15,000		11,539
NET Covid 19Fund								20,314
Other Expendable	Funds					574,641		461,897
Unrestricted Funds								250
						628,504		529,373

11. STAFF COSTS
Total staff numbers	and costs		2023	2022
			f	f
Salaries and wages			127,190	126,514
Contract worker fees			16,283	9,123
Social security costs			12,308	10,582
Pension costs			10,333 12,294 166,1»6, 11
The average number	ofpersons	employed	by the charity during the year was as follows:
			2023	2022
			5	5
			2	1

	Computer	Office
	Equipment	Furniture	Total
	6	E	6
Cost
At 1April 2022	7,977	712	8,689
Additions		118	118
At31March 2023	7,977	830	8,807
Depreciation
At1Apri I 2022	6,300	602	6,902
Charge for the year	851	17	868
At31March 2023	7,151	6 9
Net book value
At31March 2023		211	1,037
At31March 2022	1,677	110	1,787

INVESTMENTS
		F.
Market value at 1April 2022		3,649,684
Additions		186,688
Disposal proceeds		(11,094)
Net investment gains/(losses)		(185,122)
Market value at 31March 2023		3,640,156
Historical cost at 31March 2023		2,431,335
Investments are represented	by:
UK fixed interest investments		75,133
Property		248,923
Investment trusts		3,316,100
		3,640,156

COIF	Charities	Global Equity Fund		58.71%
M&G	Charifund			20.72%
COIF	Charities	Ethical Inveatment	Fund	11.88%
COIF	Charities	Property Fund		6.84%

		2023	2022
		6	6
Accrued	income	5»	44,876
		51,755	44876

CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	2023	2022
Trade creditors		1,525	354
Accruals		13,793	6,181
Deferred grant income	(see note 18)	12,236	13,049
		27,554	19,584

				2023	2022
				E	6
Deferred	grant income brought		forward	13,049	41,666
Amount	released	to income		(813)	(41,666)
Amount	deferred	in year			13,049
				12,236	13,049

	Unrestricted	Restricted	Endowment	Total Funds
	Funds	Funds	Fund	2023
	E	6	E	E
Tangible fixed assets	1,037			1,037
Investments	40,946		3,599,210	3,640,156
Net current assets	108,583	611,092	97,932	817,607
	150,566	611,092	5,691,142	4,458,800

			At 1Apdl	Income	Expenditure	Transfers	At 31March
			2022		(note 9)		2023
			E		E	E	E
Comic Relief (Large		Grants)	1,812		(1,812)
Leicestershire Fund			17,270	150,000	(37,863)	1,712	131,119
Women	in Philanthropy		13,164	11,512	(15,554)	3,317	12,439
Building	a Stronger	Britain Together	(645)			645
UKCF-	Tampon Tax		9,857		(9,857)
LLR Coronavirus Emergency Support			4,723		(1,000)		3,723
Other Expendable		Funds	445,400	550,033	(596,649)	65,027	463,811
			491,581	711,545	(662,735)	70p701	611,092

				NOTES TO THE	ACCOUNTS	CONT)NUED	—31MARCH 2023	—31MARCH 2023
21.ENDOWMENT FUND
				At 1	Income	Expenditure	Gains/(losses)	Transfers	At 31
				April			on investments		March
				2022					2023
				E					E
The Arts Fund				4,555	172		(251)'	(177)	4,299
Apex Works Fund				52,876	1,456		(2,588)	(1,456)	50,288
Richard Bonney Fund				11,583	1,700		(353)	(200)	12,730
SirTimothy Brooks Fund				162,353	6,244		(8,713)	(6,473)	153,411
R&5 Brucciani				71,090	2,021		(3,921)	(2,021)	67,169
Byrch's Charity Fund				79,404	2,225		(3,260)	(2,229)	76,140
Children on the Edge
(formerly Apopted Childrens			Fund)	221,120	7,402		(11,623)	(1D,006)	206,893
City ofLeicester Education		Fund		248,256	6,846		(12,211)	(6,846)	236,045
Sheila Collard Fund				7,662	280		(421)	D09)	7,212
William Colton Youth Sport		Fund		149,686	4,152		(7,373)	(6,875)	139,590
Desor Foundation				1,447	4D		(71)	(40)	1,376
Babby Dhanjal Foundation				26,813	1,092		(1,225)	(746)	25,934
Efficient Charitable Portfolio				14,721	426		(713)	(418)	14,016
Gilmour Fund					140,625				140,625
Hanwill Fund				89,948	5,112		(5,91D)	(5,424)	83,726
High Sheriff of Rutland's	Fund			6,662	197		(468)	(1,844)	4,547
Hill Osborne Fund				57,193	3,056		(3,533)	(2,702)	54,014
The Hive Foundation (in memory
ofGrant Wilkinsan)				4,657	145		(233)	(148)	4,421
Hope Fund				2,036	63		(94)	(60)	1,945
Huntley &Palmers Fund				110,859	3,152		(6,111)	(3,152)	104,748
Barbara Keene Fund				6,150	373		(431)	(461)	5,631
LABA Heritage Fund				21,670	712		(1,207)	(724)	20,451
Ben Lazarus OMU Fund				58,283	2,349		(2,810)	(1,609)	56,213
Leicester Learning Fund				273,444	8,668		(17,243)	(12,866)	252,003
Leicestershire Fund				37,340	2,420		(2,798)	(2,568)	34,394
Leicestershire Police Chief
Constable's Charitable Trust				35,739	970		(1,707)	(970)	34,032
Jamie Lewis Fund				20,742	809		(1,129)	(838)	19,584
Lord Lieutenant's Fund for
Leicestershire & Rutland				12,856	430		(620)	(487)	12,179
Leicestershire Education	Fund				176,864				176,864
LRCF Endowment Fund				212,587	7,832		(11,460)	(8,078)	200,881
Aeatsefund					1,847		47	2,056	3,950
Market Overton Parochial	Fund			14,755	4D6		(723)	(406)	14,032
lan & Caroline McAlpine	Fund			207,756	7,437		(10,880)	(7,437)	196,876
Meggitt Trust Fund				113,039	6,040		(6,983)	(5,341)	106,755
Mental Health, Wellbeing	and
Learning Disability Social	Enterprise
Fund				3,025	110		(162)	(103)	2,870
Mukti Foundation				5,061	143		(248)	(144)	4,812
Neil Murphy Animal Welfare Fund				29,694	865		(1,43D)	(1,348)	27,781
The Oaktree Fund				61,399	1,688		(2,984)	(1,688)	58,415
Precision Facilities				5,314	2,650		(287)	(150)	7,527
Richi Rootz Foundatian				2,945	80		(146)	(134)	2,745
jean Richmond Memorial	Fund			155,038	4,036		1,690	(4,036)	156,728
Rutland & Melton Training		Fund		566,653	15,627		(27,884)	(15,627)	538,769
lohn Salmon Fund				172,466	9,054		(10,468)	(9,054)	161,998
Surviving Winter Fund				6,384	387		(447)	(479)	5,845
Sycamore Fund				2D,066	512		(914)	(512)	19,152
Rebecca Winand Fund				71,334	2,064		(3,348)	(1,909)	68,141
Women in Philanthropy				117,977	10,539		(5,658)	(3,474)	119,384
				3,554,639	451,318		(179,302)	(129,513)	3,697,142