2023-04-05-accounts - The Holbeck Charitable Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			unrestricted funds	Designated funds	2023	2022
		Notes	E'000	E'000	E'000	E'000
Income from:
Investment income			62		62	69
Total income			62		62	69
Expenditure on:
Investment management	costs					12
Charitable actrvities			146		146	476
Total expenditure			155		155	488
Net movement before other recognised gains and losses			(93)		(93)	(419)
Net gain/(loss) on investments			(132)		(132)	38
Net income/(expenditure)			(225)		(225)	(381)
Transfers between funds
Net movement in funds			(225)		(225)	(381)
Funds bought forward			1,574		1,574	1,955
Funds carried forward		8,9	1,349		1,349	1,574

					2023		2022
				Notes	6'000	6'000	6'000	6'000
Fixed assets
Investments						1,380		1,704
Current assets
Debtors
Cash at bank and		in	hand		84		94
					87		99
Creditors: amounts within one year			falling due		(82)		(145)
Net current	(liabilities)/assets							(46)
Total assets less liabilities		current				1,385		1,658
Creditors: amounts after more than one			falling due year			(36)		(84)
Net assets						1,349		1,574
Funds
Designated				8,9
Unrestricted				8,9		1,349		1,574
Totalfunds						1,349		1,574

Notes to the Accounts	for	the	year e	nded SApril	2023 (continued	)
2. Investment income
					2023	2022
					8'000	E'000
Dividends receivable					37	42
Interest receivable					25	27
					62	69
3. Charitable activities expenditure
					2023	2022
					E'000	6'000
Grants to institutions
Advancement of medical research		and palliative		care	14
Advancement ofeducation					23	165
Provision of public amenities/recreation			facilities		13	132
Provision of relief to deprived	areas				13	28
Children/ oun eo le other	than	education			12
Total grants to institutions					75	393
Grants toindi vlduals
Advancement ofeducation					33	42
Total grants					108	435
Support costs
Administrative and legal services					26	30
Independent Examiner's fees
Independent Examiner's fees	for other services
Website costs
Scholarship scheme administration
Trustee indemnit insurance
Total su ort costs					38	41
Total ex enditure on charitable		activities			146	476

Notes to the	Accounts for the y	ear ended 5 April	2023 (continued	)
3. Charitable	activities expenditure	(continued)
			2023	2022
Reconci%abon	ofgrants payable		E'000	E'000
Grants committed in the year			108	435
Grants la sed in the ear
			108	435
Opening commitments			212	232
Grants aid durin the ear			(220)	(455)
Commitments	at 5 April		100	212
			2023	2022
Commitments	at 5 A ril were pa able	as follows:	E'000	E'000
Due within one	year (Note 6)		64	128
Due after more	than one year (Note 7)		36	84
Commitments	at 5 April		100	212

. Fixed asset investments
				2023	2022
				E'000	E'000
Market value brought forward				1,704	2,066
Add: Additions to investments	at	cost		179	168
Less: Disposal proceeds				(371)	(567)
Net gains/(losses) on revaluation				(132)	37
Market value as at 5 April				1,380	1,704
Historic cost as at 5 April				1,297	1,492
he market value ofthe investment		portfolio can be categorised	as follows:
				2023	2022
				E'000	E'000
UK Fixed Interest Securities				99	236
UK Equities				40	114
Collective Funds				156	1,308
Overseas Fixed Interest Secunties				1,085	46
Market value at 5 April				1,380	1,704

Notes to th	e A	cco	unt	s for th	e year ended 5	April 2023(continue	d)
5. Debtors
						2023	2022
						E'000	E'000
Other debtors
6. Creditors: amounts				falling due within one year
						2023	2022
						E'000	E'000
Accruals						18	17
Grant commitments						64	128
						82	145
7. Creditors: amounts				falling due after one more than one year
						2023	2022
						E'000	E'000
Grant commitments						36	84
8. Unrestricted		and designated			funds
						2023	2022
						E'000	E'000
Unrestricted	funds:
As at 6 April						1,574	1,855
Net expenditure						(93)	(419)
Realised and	unrealised		gains/(losses)			(132)	38
Transfer from	(to	desi	nated funds				100
As at 5 April						1,349	1,574
General reserves include an				unrealised	gain on investments	off83,000(2022 —gain ofE212,000).
						2023	2022
						E'000	E'000
Designated	funds:
As at 6 April							100
Net expenditure
Transfer from	general		funds				(100)
AsatSA ril
Totalunrestr	icted	fu	nds	at5April		1,349	1,574

		Unrestricted	Designated
		funds	funds	2022
		E'000	E'000	E'000
Income from:
Investment income		69		69
Total income		69		69
Expenditure on:
Investment management		12		12
Charitable activities		476		476
Total expenditure		488		488
Net movement before other recognised gains and losses		(419)		(419)
Net gain/(loss) on		38		38
Net expenditure		(381)		(381)
Transfers between	funds	100	(100)
Net movement in	funds	(281)	(100)	(381)
Funds bought forward		1,855	100	1,955
Funds carried forward		1,574		1,574