| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Report ofthe Independent | Auditors | 4 | to | 6 |
| Statement ofFinancial Activities | ||||
| Balance Sheet | ||||
| Notes to the Financial Statements | 9 | to | 17 |
| FORT | HE YEAR | ENDED 5APR | IL 2022 | ||
|---|---|---|---|---|---|
| 5.4.22 | 5.4.21 | ||||
| Unrestricted | Endowment | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
233,430 | 233,430 | 42,500 | ||
| Investment income |
71,639 | 71,639 | 62,192 | ||
| Total | 305,069 | 305,069 | 104,692 | ||
| EXPENDITURE ON | |||||
| Raising funds | 42,497 | 42,497 | 40,791 | ||
| Charitable activities |
|||||
| Direct charitable grants |
535,900 | 535,900 | 342,700 | ||
| Other | 4,426 | 4,426 | 4,063 | ||
| Total | 540,326 | 42,497 | 582,823 | 387,554 | |
| Net gains on investments | 167,448 | 167,448 | 1,114,230 | ||
| NET INCOME/(EXPENDITURE) | (235,257) | 124,951 | (110,306) | 831,368 | |
| Transfers between funds |
10 | 284,505 | (284,505) | ||
| Net movement in funds |
49,248 | (159,554) | (110,306) | 831,368 | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward |
10,703 | 5,772,002 | 5,782,705 | 4,951,337 | |
| TOTAL FUNDS CARRIED FORWARD | 59,951 | 5,612,448 | 5,672,399 | 5,782,705 |
| 5A | PRIL 20ZZ | ||||
|---|---|---|---|---|---|
| 5.4.22 | 5.4.21 | ||||
| Unrestricted | Endowment | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Investments | 5,612,448 | 5,612,448 | 5,772,002 | ||
| CURRENT ASSETS | |||||
| Prepayments and accrued income |
9,425 | 9,425 | 4,061 | ||
| Cash at bank | 64,042 | 64,042 | 24,033 | ||
| 73,467 | 73,467 | 28,094 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
(13,516) | (13,516) | (17,391) | ||
| NET CURRENT ASSETS | 59,951 | 59,951 | 10,703 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 59,951 | 5,612,448 | 5,672,399 | 5,782,705 | |
| NET ASSETS | 59,951 | 5,612,448 | 5,672,399 | 5,782,705 | |
| FUNDS | 10 | ||||
| Unrestricted funds |
59,951 | 10,703 | |||
| Endowment funds |
5,612,448 | 5,772,002 | |||
| TOTAL FUNDS | 5,672,399 | 5,782,705 |
| INVESTMENT INCOME | INVESTMENT INCOME | ||
|---|---|---|---|
| 5.4.22 | 5.4.21 | ||
| UK stock exchange | - Dividends | 40,953 | 37,853 |
| UK stock exchange | —Fixed interest | 30,656 | 24,339 |
| Bank interest | 30 | ||
| 71,639 | 62,192 |
| Investment management costs |
|||
|---|---|---|---|
| 5.4.22 | 5.4.21 | ||
| Portfolio management | 42,497 | 40,791 | |
| 4. | GRANTS PAYABLE | ||
| 5.4.22 | 5.4.21 | ||
| Direct charitable grants |
535,900 | 342,700 |
| 5.4.22 | 5.4.21 | |||
|---|---|---|---|---|
| Health and Welfare | ||||
| British Red Cross | 200,000 | 55,000 | ||
| Fare Share | 4,000 | 2,000 | ||
| Crisis | 3,000 | 2,500 | ||
| Bede | 2,000 | |||
| Cerebral Palsy Plus | 2,000 | |||
| Offthe Fence | 2,000 | |||
| Sight Savers | 2,000 | |||
| Carers Trust | 1,500 | |||
| Cruse Bereavement | Care | 1,500 | ||
| MAP | 15,000 | |||
| Jamie's Farm | 10,000 | |||
| Lewis Manning Hospice |
7,000 | |||
| Home Start | 4,000 | |||
| 3(1)Other grants up to K1,000 each | 3,000 | 500 | ||
| 221,000 | 96,000 | |||
| 5.4.22 | 5.4.21 | |||
| Overseas Development | and Healthcare | |||
| Medecins Sans Frontieres | 60,000 | 50,000 | ||
| Oxfam | 60,000 | 77,500 | ||
| Christian Aid |
40,000 | 9,000 | ||
| International Rescue |
Committee | 15,000 | 5,000 | |
| Mercy Ships | 7,500 | 2,500 | ||
| Lotus Flower Trust | 5,000 | |||
| Malaika Kids | 5,000 | |||
| MAP | 5,000 | |||
| Microloan Foundation | 5,000 | |||
| Plan International | 5,000 | |||
| RMC | 5,000 | |||
| Sense International | 5,000 | |||
| Shropshire Supports |
Refugees | 5,000 | ||
| Solar Aid | 5,000 | |||
| Team Kenya | 5,000 | |||
| Unicef | 5,000 | |||
| Village Water | 5,000 | |||
| Youth Build Future | 5,000 | |||
| Their Future Today | 4,500 |
| The Makhad Trust | 3,900 | ||||||
|---|---|---|---|---|---|---|---|
| Separated Child |
3,000 | ||||||
| Tools for selfreliance | 3,000 | ||||||
| Sift | 2,000 | ||||||
| Action Aid | 22,500 | ||||||
| Gospel ofGrace Church | 8,700 | ||||||
| African Promise | 7,000 | ||||||
| Water Aid | 5,000 | ||||||
| Bhopal Medical Appeal | 2,500 | ||||||
| UNHCR | 2,500 | ||||||
| ZANE: Zimbabwe A National |
Emergency | 2,500 | |||||
| Sight Savers | 2,000 | ||||||
| 263,900 | 196,700 | ||||||
| 5.4.22 | 5.4.21 | ||||||
| Environmental | |||||||
| WWF | 50,000 | 50,000 | |||||
| 1(0)Other grants up to | K1,000 | each | 1,000 | ||||
| 51,000 | 50,000 | ||||||
| Total grants for year | 535,900 | 342,700 | |||||
| 5, | AUDITORS' REMUNERATION | ||||||
| 5.4.22 | 5.4.21 | ||||||
| Fees payable to the charity's | auditors for the audit ofthe charity's | financial | |||||
| statements | 2,080 | 2,020 | |||||
| Auditors' remuneration |
for | non | audit work | 1,700 | 1,580 |
| NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2022 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2022 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2022 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2022 |
NOTES TO THE FINANCIAL STATEMENTS - continued FORTHE YEAR ENDED 5APRIL 2022 |
|||
|---|---|---|---|---|---|---|---|
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||||||
| Unrestricted | Endowment | Total | |||||
| funds | fund | funds | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
42,500 | 42,500 | |||||
| Investment income |
62,192 | 62,192 | |||||
| Total | 104,692 | 104,692 | |||||
| EXPENDITURE ON | |||||||
| Raising funds | 40,791 | 40,791 | |||||
| Charitable activities |
|||||||
| Direct charitable grants |
342,700 | 342,700 | |||||
| Other | 4,063 | 4,063 | |||||
| Total | 346,763 | 40,791 | 387,554 | ||||
| Net gains on investments | 1,114,230 | 1,114,230 | |||||
| NET INCOME/(EXPENDITURE) | (242,071) | 1,073,439 | 831,36& | ||||
| Transfers between funds |
186,838 | (186,S38) | |||||
| Net movement in funds |
(55,233) | 886,601 | 831,368 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward | 65,936 | 4,&85,401 | 4,951,337 | ||||
| TOTAL FUNDS CARRIED FORWARD | 10,703 | 5,772,002 | 5,782,705 | ||||
| 8. | FIXEDASSETINVESTMENTS | ||||||
| Listed | |||||||
| investments | |||||||
| MARKET VALUE | |||||||
| At 6 April 2021 | 5,772,002 | ||||||
| Additions | 1,244,214 | ||||||
| Disposals | (1,557,071) | ||||||
| Revaluations including |
cash movement | 153,303 | |||||
| At 5 April 2022 | 5,612,448 | ||||||
| NET BOOK VALUE | |||||||
| At 5 April 2022 | 5,612,448 | ||||||
| At 5 April 2021 | 5,772,002 | ||||||
| There were no investment | assets outside the UK. |
| The following investments have a market value greater th |
en 5%ofthe total portfolio oflisted investme | nts. |
|---|---|---|
| 5.4.21 | 5.4.21 | |
| Brown Adv | 300,532 | |
| Lyxor Core US Tips | 395,121 | |
| Schroder Gl Sust Grwth | 802,099 | 569,767 |
| Analysis ofinvestments | at fair | value | ||
|---|---|---|---|---|
| 2021 | 2021 | |||
| Equities | 3,647,982 | 4,109,837 | ||
| Fixed interest securities | 1,282,531 | 1,389,612 | ||
| Cash held within the investment | portfolio | 681,935 | 272,553 | |
| 5,612,448 | 5,772,002 |
| 5.4.22 | 5.4.21 | |||||||
|---|---|---|---|---|---|---|---|---|
| Other creditors | 13,516 | 17,391 | ||||||
| 10. | MOVEMENT IN FUNDS | |||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 6.4.21 | in funds | funds | 5.4.22 | |||||
| Unrestricted | funds | |||||||
| Unrestricted | income fund | 10,703 | (235,257) | 284,505 | 59,951 | |||
| Endowinent | funds | |||||||
| Unrestricted | expendable | endowment | fund | 5,772,002 | 124,951 | (284,505) | 5,612,448 | |
| TOTAL FUNDS | 5,782,705 | (110,306) | 5,672,399 |
| Net movement in funds, |
Net movement in funds, |
included | included | included | in | the above | are as follows: | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||||||
| resources | expended | losses | in funds | |||||||
| Unrestricted | funds | |||||||||
| Unrestricted | income fund | 305,069 | (540,326) | (235,257) | ||||||
| Endowment | funds | |||||||||
| Unrestricted | expendable | endowment | fund | (42,497) | 167,448 | 124,951 | ||||
| TOTAL FUNDS | 305,069 | (582,823) | 167,448 | (110,306) | ||||||
| Comparatives for movement |
in | funds | ||||||||
| Net | Transfers | |||||||||
| movement | between | At | ||||||||
| At 6.4.20 | in funds | funds | 5.4.21 | |||||||
| Unrestricted | funds | |||||||||
| Unrestricted | income fund | 65,936 | (242,071) | 186,838 | 10,703 | |||||
| Endowment | funds | |||||||||
| Unrestricted | expendable | endowment | fund | 4,885,401 | 1,073,439 | (186,838) | 5,772,002 | |||
| TOTAL FUNDS | 4,951,337 | 831,368 | 5,782,705 | |||||||
| Comparative | net movement | in | funds, | included | in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | |||||||
| resources | expended | losses | in funds | |||||||
| Unrestricted | funds | |||||||||
| Unrestricted | income fund | 104,692 | (346,763) | (242,071) | ||||||
| Endowment | funds | |||||||||
| Unrestricted | expendable | endowment | fund | (40,791) | 1,114,230 | 1,073,439 | ||||
| TOTAL FUNDS | 104,692 | (387,554) | 1,114,230 | 831,368 |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 6.4.20 | in funds | funds | 5.4.22 | ||||
| Unrestricted | funds | ||||||
| Unrestricted | income fund | 65,936 | (477,328) | 471,343 | 59,951 | ||
| Endowment | funds | ||||||
| Unrestricted | expendable | endowment | fund | 4,885,401 | 1,198,390 | (471,343) | 5,612,448 |
| TOTAL FUNDS | 4,951,337 | 721,062 | 5,672,399 |
| Incoming | Resources | Gains and | Movement | ||||
|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||
| Unrestricted | funds | ||||||
| Unrestricted | income fund | 409,761 | (887,089) | (477,328) | |||
| Endowment | funds | ||||||
| Unrestricted | expendable | endowment | fund | (83,288) | 1,281,678 | 1,198,390 | |
| TOTAL FUNDS | 409,761 | (970,377) | 1,281,678 | 721,062 |