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|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe Charity,|its Trustees and advisors||
|Trustees'
report||||2-3|
|Independent
auditor's|report|on the financial statements||4-7|
|Statement
offinancial|activities||||
|Balance sheet|||||
|Statement
ofcash flows||||10|
|Notes to the financial|statements|||11-19|
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|Trustees||Mr Anthony
Champion|Mr Anthony
Champion|
|---|---|---|---|
|||Mr Martin
Needham||
|||Ms Dawn Oliver||
|||Mr Geoffrey Probert||
|||Mr Ian Smith||
|Charity registered|number|1148325||
|Principal office||Pear Tree Cottage||
|||Yarrington
Road||
|||Alfrick||
|||Worcestershire||
|||WR6 5EX||
|Auditors||Curo Professional|Services Ltd|
|||Westonhall
Road||
|||Stoke Prior||
|||Bromsgrove||
|||Worcestershire||
|||B604AL||
|Solicitors||Harrison
Clark Rickerbys||
|||5 Deansway||
|||Worcester||
|||WR1 2JG||
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||||Unrestricted|Total|Total funds|
|---|---|---|---|---|---|
||||funds|funds 2022|2021|
||||2022|||
|||Note|f|||
|INCOME FROM:||||||
|Donations
and legacies|||4,909,328|4,909,328||
|Investments|||23,568|23,568|22,609|
|TOTAL INCOME|||4,932,896|4,932,896|22,609|
|EXPENDITURE ON:||||||
|Charitable
activities|||617,386|617,386|1,476,550|
|TOTAL EXPENDITURE|||617,386|617,386|1,476,550|
|Net gains/(losses)|on investments||350,181|350,181|223,177|
|NET MOVEMENT|IN FUNDS||4,655,691|4,655,691|(1,230,764)|
|RECONCILIATION|OF FUNDS:|||||
|Total funds brought forward|||1,414,597|1,414,597|2,645,361|
|Net movement
of|funds||4,655,691|4,655,691|(1,230,764)|
|TOTAL FUNDS CARRIED||||||
|FORWARD|||6,080,288|6,080,288|1,414,597|
##
||||2022|2021|
|---|---|---|---|---|
|||Note|f|f|
|FIXEDASSETS|||||
|Investments||11|5,962,934|924,793|
||||5,962,934|924,793|
|CURRENT ASSETS|||||
|Cash at bank and in|hand||174,151|593,158|
||||174,151|593,158|
|Creditors: amounts|falling due within one year|12|(56,797)|(58,509)|
|NET CURRENT ASSETS|||117,354|534,649|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||6,080,288|1,459,442|
|Creditors: amounts|falling due after more than 1year|13||(44,845)|
|TOTAL NET ASSETS|||6,080,288|1,414,597|
|CHARITY FUNDS|||||
|Restricted funds||15|||
|Unrestricted
funds||15|6,080,288|1,414,597|
|TOTAL FUNDS|||6,080,288|1,414,597|
##
|||2022|2021|
|---|---|---|---|
|||f|f|
|CASH FLOWS FROM OPERATING ACTIVITIES||||
|Net cash (used in)/provided
by operating
activities||(496,142)|(1,379,851)|
|CASH FLOWS FROM INVESTING ACTIVITIES||||
|Dividends
and interest from investments||23,568|22,609|
|Proceeds from sales ofinvestments||83,047|60,927|
|Purchase of investments||(29,480)|(118,675)|
|NET CASH PROVIDED (USED IN)/BY INVESTING||77,135|(35,139)|
|ACTIVITIES||||
|CASH FLOWS FROM FINANCING
ACTIVITIES||||
|NET CASH PROVIDED BYFINANCING
ACTIVITIES||||
|CHANGE
IN CASH AND CASH EQUIVALENTS|IN THE YEAR|(419,007)|(1,414,990)|
|Cash and cash equivalents
at the beginning
ofthe year||593,158|2,008,148|
|CASH AND CASH EQUIVALENTS AT THE END|OF THE YEAR|174,151|593,158|
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|3.
INCOME FROM DONA|TIONS
AND LEGACIES|||
|---|---|---|---|
||Unrestricted|Total funds|Total funds|
||funds 2022|2022|2021|
||f|f|f|
|Legacies|4,909,328|4,909,328||
||4,909,328|4,909,328||
|TOTAL 2021||||
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|||||Unrestricted|Total funds|Total funds|
|---|---|---|---|---|---|---|
|||||funds 2022|2022|2021|
|||||f|f|f|
|Income from listed|investments|||20,378|20,378|19,820|
|Investment
income|—cash|deposits||3,190|3,190|2,789|
|||||23,568|23,568|22,609|
|TOTAL2021||||22,609|22,609||
|5.
ANALYSIS OF GRANTS|||||||
|||||Grants to|Total funds|Total funds|
|||||institutions|2022|2021|
|||||2022|||
|||||f|||
|Grants, supporting|Herefordshire||&||||
|Worcestershire
charities||||608,471|608,471|1,458,687|
|TOTAL 2021||||1,458,687|1,458,687||
|6.
GRANTS MADE TO CHARITABLE||||ORGANISATIONS|||
|Charity|||||2022|2021|
|Acorns Children's
Hospice|||||10,471|137,187|
|Arcos||||||25,000|
|Game and Wildlife Conservation|||Trust||40,000||
|Giles Trust||||||10,000|
|Harper Adams University|||||15,000|265,000|
|Kemp Hospice|||||15,000|50,000|
|Kings School Development||Trust||||50,000|
|Maggs Day Centre||||||35,000|
|Megan Baker House|||||25,000||
|Museum of Royal Worcester|||||5,000|5,000|
|Myriad Centre|||||25,000|25,000|
|Primrose
Hospice||||||50,000|
|RGS and AOS Foundation|||||250,000||
|Sight Concern Worcestershire|||||25,000||
|St Michaels Hospice|||||50,000|150,000|
|St Paul's Hostel||||||35,000|
|St Richard's
Hospice||||||50,000|
|University
of Birmingham-||Kidney|Research||75,000|175,000|
|||||||Page
( 14|
##
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|Worcester|Breast Unit Haven|3,000|30,000|
|---|---|---|---|
|Worcester|Cathedral|60,000|325,000|
|Worcester|Live||16,500|
|Yana||10,000|25,000|
|||608,471|1,458,687|
##
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||||||Unrestricted|Total funds|Total funds|
|---|---|---|---|---|---|---|---|
||||||funds 2022|2022|2021|
||||||f|f|f|
|Supporting|Herefordshire|||S.Worcestershire||||
|charities|||||617,386|617,386|1,476,550|
|TOTAL 2021|||||1,476,550|1,476,550||
|8.
ANALYSIS|||OF EXPENDITURE BYACTIVITIES|||||
|||||Grant funding|Support and|||
|||||ofactivities|governance|Total funds|Total funds|
|||||2022|costs 2022|2022|2021|
|||||f|f|f|f|
|Supporting|Herefordshire|||||||
|5Worcestershire||charities||608,471|8,915|617,386|1,476,550|
|TOTAL 2021||||1,458,687|17,863|1,476,550||
|Analysis of|support||costs|||||
||||||Supporting|Total|Total funds|
||||||charities|funds|2021|
||||||2022|2022||
||||||f|f|f|
|Legal and professional|||||3,315|3,315|14,844|
|Sundry|||||||59|
|Accountancy|||||500|500|500|
|Governance|costs||||5,100|5,100|2,460|
||||||8,915|8,915|17,863|
|TOTAL 2021|||||17,863|17,863||
##
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|9.
I|NDE|PENDENT|EXAMINER'S AND AUDITORS|' REMUNERATION||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f|f|
|Auditors'|remuneration|||5,100||
|Independent||examiner's|remuneration||2,460|
|||||5,100|2,460|
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|12.FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||Investments|
||f|
|COST OR VALUATION||
|At 6 April 2021|924,793|
|Additions|4,771,007|
|Disposa Is|(77,653)|
|Revaluations|344,787|
|AT 5APRIL 2022|5,962,934|
|NET BOOK VALUE||
|AT 5APRIL 2022|5,962,934|
|AT 5 APRIL 2021|924,793|
##
|13.|CREDITO|RS:|AMOUNTS
FALLING DUE WIT|HIN ONE YEAR||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f|f|
|Accruals|and deferred||income|6,600|14,415|
|Acorns|Children's|Hospice||50,197|44,094|
|||||56,797|58,509|
##
|14.CREDIT|ORS: AM|OUNTS
FALLING DU|E AFTER MORE THAN O|NE YEAR||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f|f|
|Acorns Children's|Hospice||||44,845|
|15.FINANCIAL INSTRUMENTS||||||
|||||2022|2021|
|||||f|f|
|FINANCIAL ASSETS||||||
|Financial assets|measured|at fair value through|income and expenditure|174,151|593,158|
##
||Balance||||Balance|
|---|---|---|---|---|---|
||at 6April|||Gains/|at 5 April|
||2021|Income|Expenditure|(Losses)|2022|
||f|f|f|f|f|
|UNRESTRICTED FUNDS||||||
|General funds|1,414,597|4,932,896|(617,386)|350,182|6,080,288|
|STATEMENT OF FUNDS|—PRIOR YEAR|||||
||Balance||||Balance|
||at 6 April|||Gains/|at 5 April|
||2020|Income|Expenditure|(Losses)|2021|
||f|f|f|f|f|
|UNRESTRICTED FUNDS||||||
|General funds|2,645,361|22,609|(1,476,550)|223,177|1,414,597|
##
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||||||Unrestricted|Total funds|
|---|---|---|---|---|---|---|
||||||funds 2022|2022|
||||||f|f|
|Fixed asset investments|||||5,962,934|5,962,934|
|Current assets|||||174,151|174,151|
|Creditors due within one year|||||(56,797)|(56,797)|
|Creditors due after one year|||||||
|TOTAL|||||6,080,288|6,080,288|
|ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR|||||||
||||||Unrestricted|Total funds|
||||||funds 2021|2021|
||||||f|f|
|Fixed asset investments|||||924,793|924,793|
|Current assets|||||593,158|593,158|
|Creditors due within one year|||||(58,509)|(58,509)|
|Creditors due after one year|||||(44,845)|(44,845)|
|TOTAL|||||1,414,597|1,414,597|
|18.RECONCILIATION|OF||NET MOVEMENT|IN FUNDS|FROM OPERATING|ACTIVITIES|
||||||2022|2021|
||||||f|f|
|Net (deficit)/surplus
(as per|Statement of Financial|||Activities)|4,665,691|(1,230,764)|
|ADJUSTMENTS FOR:|||||||
|(Gains)/losses
on investments|||||(350,182)|(223,177)|
|Legacies and donations|||||(4,741,527)||
|Dividends
and interest from||investments|||(23,568)|(22,609)|
|Decrease in debtors|||||||
|Decrease in creditors|||||(46,557)|96,699|
|NET CASH (USED IN)/PROVIDED|||BYOPERATING ACTIVITIES||(496,142)|(1,379,851)|
|19.ANALYSIS OF CASH||AND CASH EQUIVALENTS|||||
||||||2022|2021|
||||||f|f|
|Cash at bank and short-term||deposits|||174,151|593,158|
|TOTAL CASH AND CASH EQUIVALENTS|||||174,151|593,158|
|||||||Page
] 18|
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|2|0.|ANA|LYSI|S|OF CHANGE
IN N|ET DEBT|||
|---|---|---|---|---|---|---|---|---|
|||||||At 6April||At 5 April|
|||||||2021|Cash flows|2022|
|||||||f|f|f|
|Cash|at|bank|and|in|hand|593,158|(419,007)|174,151|
##
|Charity||
|---|---|
|Harper Adams
University|125,000|
|Hartpury
College|500,000|
|Kings School Worcester|1,190,000|
|Midlands
Air Ambulance|500,000|
|Royal Grammar
School Worcester|250,000|
|The Myriad Centre|1,000,000|
|Three Counties
Medical School|1,500,000|
|University
of Birmingham|75,000|
|Worcester Cathedral|147000|
|TOTAL|8287000|
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