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|Charity Information.||
|---|---|
|Report ofthe Trustees||
|Independent
Examiner's|Report.|
|Statement
of Financial|Activities|
|Balance Sheet||
|Notes to the Accounts.||
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||||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|
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||||||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|
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|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|
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|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|
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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|
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|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|
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|||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|