| 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 |
| fo | r the Year | Ended 5April 2 | 023 | |||
|---|---|---|---|---|---|---|
| 5.4.23 | 5.4.22 | |||||
| Unrestricted | Endowment | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
100,000 | 100,000 | 233,430 | |||
| Investment income |
211,340 | 211,340 | 71,639 | |||
| Total | 311,340 | 311,340 | 305,069 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 17,403 | 17,403 | 42,497 | |||
| Charitable activities |
||||||
| Direct charitable grants |
418,000 | 418,000 | 535,900 | |||
| Other | 4,926 | 4,926 | 4,426 | |||
| Total | 422,926 | 17,403 | 440,329 | 582,823 | ||
| Net gains/(losses) on investments |
(282,281) | (282,281) | 167,448 | |||
| NET INCOME/(EXPENDITURE) | (111,586) | (299,684) | (411,270) | (110,306) | ||
| Transfers between funds |
10 | 235,422 | (235,422) | |||
| Net movement in funds |
123,836 | (535,106) | (411,270) | (110,306) | ||
| RECONCILIATION | OF FUNDS | |||||
| ToMI funds brought forward |
59,951 | 5,612,448 | 5,672,399 | 5,782,705 | ||
| TOTAL FUNDS CARRIED FORWARD | 183,787 | 5,077,342 | 5,261,129 | 5,672,399 |
| 5April 2023 | |||||
|---|---|---|---|---|---|
| 5.4.23 | 5.4.22 | ||||
| Unrestricted | Endowment | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Investments | 5,077,342 | 5,077,342 | 5,612,448 | ||
| CURRENT ASSETS | |||||
| Prepayments and accrued income |
47,837 | 47,837 | 9,425 | ||
| Cash at bank | 142,026 | 142,026 | 64,042 | ||
| 189,863 | 189,863 | 73,467 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
(6,076) | (6,076) | (13,516) | ||
| NET CURRENT ASSETS | 183,787 | 183,787 | 59,951 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 183,787 | 5,077,342 | 5,261,129 | 5,672,399 | |
| NET ASSETS | 183,787 | 5,077,342 | 5,261,129 | 5,672,399 | |
| FUNDS | 10 | ||||
| Unrestricted funds |
183,787 | 59,951 | |||
| Endowment funds |
5,077,342 | 5,612,448 | |||
| TOTAL FUNDS | 5,261,129 | 5,672,399 |
| INVESTMENT INCOME | ||
|---|---|---|
| 5.4.23 | 5.4.22 | |
| UK stock exchange - Dividends | 207,772 | 40,953 |
| UK stock exchange - Fixed interest | 3,141 | 30,656 |
| Bank interest | 427 | 30 |
| 211,340 | 71,639 |
| 5.4.23 | 5.4.22 | |||
|---|---|---|---|---|
| Health and Welfare | ||||
| British Red Cross | 150,000 | 200,000 | ||
| Crisis at Christmas | 3,000 | |||
| The Lunchbowl Network |
2,500 | |||
| Bede | 2,000 | 2,000 | ||
| Brain Tumour Support |
2,000 | |||
| Cerebal Palsy Plus | 2,000 | 2,000 | ||
| Strongbones Childrens |
Trust | 2,000 | ||
| Carers Trust | 2,000 | 1,500 | ||
| Fare Share | 4,000 | |||
| Crisis | 3,000 | |||
| Offthe Fence | 2,000 | |||
| Sight Savers | 2,000 | |||
| Cruse Bereavement | Centre | 1,500 | ||
| 3(3)Other grants up to | 61,000 each | 3,000 | 3,000 | |
| 168,500 | 221,000 | |||
| 5.4.23 | 5.4.22 | |||
| Overseas Development |
and Healthcare | |||
| Medecins Sans Frontieres |
70,000 | 60,000 | ||
| Oxfam | 57,500 | 60,000 | ||
| Action Aid | 20,000 | |||
| African Promise | 5,000 | |||
| All Ears Cambodia | 5,000 | |||
| International Rescue |
Committee | 5,000 | 15,000 | |
| Microloan Foundation | 5,000 | 5,000 | ||
| Concern Worldwide | 3,000 | |||
| Sense International | 3,000 | 5,000 | ||
| Childrens ofTher Mekong | 2,500 | |||
| Hands Around the World |
2,500 | |||
| Sightsavers | 2,000 | |||
| Solar Aid | 2,000 | 5,000 | ||
| The Leprosy Mission | 2,000 | |||
| Their Future Today | 2,000 | 4,500 | ||
| Trio Uganda | 2,000 | |||
| Christian Aid |
40,000 | |||
| Mercy Ships | 7,500 | |||
| Lotus Flower Trust | 5,000 |
| Malaika Kids | 5,000 | ||||
|---|---|---|---|---|---|
| MAP | 5,000 | ||||
| Plan International | 5,000 | ||||
| RMC | 5,000 | ||||
| Shropshire Supports Refugees |
5,000 | ||||
| Team Kenya | 5,000 | ||||
| Unicef | 5,000 | ||||
| Village Water | 5,000 | ||||
| Youth Build Future | 5,000 | ||||
| The Makhad Trust | 3,900 | ||||
| Separated Child | 3,000 | ||||
| Tools for SelfReliance | 3,000 | ||||
| Sift | 2,000 | ||||
| I (0)Other grants up to | K1,000 each | 1,000 | |||
| 189,500 | 263,900 | ||||
| 5.4.23 | 5,4.22 | ||||
| Environmental | |||||
| WWF | 60,000 | 50,000 | |||
| 0(1)Other grants up to | 5.1,000 each | 1,000 | |||
| 60,000 | 51,000 | ||||
| Total grants for year | 418,000 | 535,900 | |||
| AUDITORS' REMUNERATION | |||||
| 5.4.23 | 5.4.22 | ||||
| Fees payable to the charity's | auditors for the audit ofthe charity's | financial | |||
| statements | 2,400 | 2,080 | |||
| Auditors' remuneration |
for | non audit work | 1,960 | 1,700 |
| NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 5April 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 5April 2023 |
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 5April 2023 |
|||
|---|---|---|---|---|---|
| COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | Endowment | Total | |||
| funds | fund | funds | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
233,430 | 233,430 | |||
| Investment income |
71,639 | 71,639 | |||
| Total | 305,069 | 305,069 | |||
| EXPENDITURE ON | |||||
| Raising funds | 42,497 | 42,497 | |||
| Charitable activities |
|||||
| Direct charitable grants |
535,900 | 535,900 | |||
| Other | 4,426 | 4,426 | |||
| Total | 540,326 | 42,497 | 582,823 | ||
| Net gains on investments | 167,448 | 167,448 | |||
| NET INCOME/(EXPENDITURE) | (235,257) | 124,951 | (110,306) | ||
| Transfers between funds |
284,505 | (284,505) | |||
| Net movement in funds |
49,248 | (159,554) | (110,306) | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward |
10,703 | 5,772,002 | 5,782,705 | ||
| TOTAL FUNDS CARRIED FORWARD | 59,951 | 5,612,448 | 5,672,399 | ||
| 8. | FIXED ASSETINVESTMENTS | ||||
| Listed | |||||
| investments | |||||
| MARKET VALUE | |||||
| At 6 April 2022 | 5,612,448 | ||||
| Additions | 4,907,054 | ||||
| Disposals | (5,303,418) | ||||
| Revaluations including |
cash movement | (138,742) | |||
| At 5 April 2023 | 5,077,342 | ||||
| NET BOOKVALUE | |||||
| At 5 April 2023 | 5,077,342 | ||||
| At 5 April 2022 | 5,612,448 |
| The inv | estm | ents are located as follows; |
||
|---|---|---|---|---|
| 5.4.23 | 5.4.22 | |||
| Within | UK | 4,730,547 | 2,247,926 | |
| Outside | the | UK | 346,795 | 3,364,522 |
| 5,077,342 | 5,612,448 |
| 5.4.23 | 5,4.22 | |
|---|---|---|
| Cazenove Charity Response Fund |
4,383,068 | |
| Brown Adv | 300,532 | |
| Lyxor Core US Tips | 395,121 | |
| Schroder Gl Sust Grwth | 802,099 |
| Analysis of | investments at fair |
value | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Equities | 346,795 | 3,647,982 | ||
| Multi-Asset | Funds | 4,383,068 | ||
| Fixed interest securities | 1,282,531 | |||
| Cash held within the investment | portfolio | 347,479 | 681,935 | |
| 5,077,342 | 5,612,448 |
| 9. | CREDITO | RS: AMOUN | TS | FA | LL | ING DUE | WITHIN ONE Y | EAR | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 5.4.23 | 5.4.22 | |||||||||
| K | ||||||||||
| Other creditors | 6,076 | 13,516 | ||||||||
| 10. | MOVEMENT IN FUNDS | |||||||||
| Net | Transfers | |||||||||
| movement | between | At | ||||||||
| At 6.4.22 | in funds | funds | 5.4.23 | |||||||
| Unrestricted | funds | |||||||||
| Unrestricted | income fund | 59,951 | (111,586) | 235,422 | 183,787 | |||||
| Endowment | funds | |||||||||
| Unrestricted | expendable | endowment | fund | 5,612,448 | (299,684) | (235,422) | 5,077,342 | |||
| TOTAL FUNDS | 5,672,399 | (411,270) | 5,261,129 | |||||||
| 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 | 311,340 | (422,926) | (]11,586) | ||||||
| Endowment | funds | |||||||||
| Unrestricted | expendable | endowment | fund | (17,403) | (282,281) | (299,684) | ||||
| TOTAL FUNDS | 311,340 | (440,329) | (282,281) | (411,270) | ||||||
| Comparatives for 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 | |||||
| Endowment | funds | |||||||||
| Unrestricted | expendable | endowment | fund | 5,772,002 | 124,951 | (284,505) | 5,612,448 | |||
| TOTALFUNDS | 5,782,705 | (110,306) | 5,672,399 |
| 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) | ||||
| A current year 12months | and prior | year 12months | combined | position | is as follows: | |||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 6.4.21 | in funds | funds | 5.4.23 | |||||
| Unrestricted | funds | |||||||
| Unrestricted | income fund | 10,703 | (346,843) | 519,927 | 183,787 | |||
| Endowment | funds | |||||||
| Unrestricted | expendable | endowment | fund | 5,772,002 | (174,733) | (519,927) | 5,077,342 | |
| TOTAL FUNDS | 5,782,705 | (521,576) | 5,261,129 |
| Incoming | Resources | Gains and | Movement | ||||
|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||
| Unrestricted | funds | ||||||
| Unrestricted | income fund | 616,409 | (963,252) | (346,843) | |||
| Endowment | funds | ||||||
| Unrestricted | expendable | endowment | fund | (59,900) | (114,833) | (174,733) | |
| TOTAL FUNDS | 616,409 | (1,023,152) | (114,833) | (521,576) |