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2022-06-30-accounts

more fully d etailed
in the accounts, can be summa		 rised
as follows:-
2022 2021
5 5
Nst income 134,227
Unrestricted
Revenue Funds available for the
general purposes ofthe charily		 1,766,508 1,632,281
Total Funds 1 766508 1 632281

soap
Ru		 Current year
unrssercted		 Currsntymr
Restricted		 Current year
Total Funds		 Prier Year
Tctalrunds
Funds FIIIIrls
2022 2S23 2021
0 E 8
Income 8,Endowments from:
Donations
&Legacies		 A1 79,000 70,000 41,750
Investments A4 151,904 151,904 90,156
Other A5 145 145
Total income A 231,049 231,049 1$1,906
Expenditure
on:
Raising funds 81 65,512 65,512 91,095
Charitable
activities		 82 32,135 32.135 32,878
Other 83 (825) (825I 7,090
Total expenditure B 96,822 06,822 131,06$
Net income for the year 134,227 1$4,227 843
Net income after transfers A43-C 134,227 134,227
Net movement
in funds		 134,227 134,227
Reconciliation
offunds:-		 E
Total funds bmught fonmrd 1,632,281 1,632,201 1,631,438
Total funds carried forward 1,766,508 1,766,508 1,632,201

The Sasta Foundation
-Resources applied
assets for Charity use:-		 in the year ended 30June 2022 towards fixed
2022 2021
6 6
Funds generated
in the year as detailed
in the SOFA		 134,227
Net resources available to fund chadtable
activities		 134,227
The notes attached on pages 12to 21 form an integral part ofthese accounts.
Movements
in revenue and capital funds for the year ended 30June 2022
Revenue accumulated
funds
Unrestricted Restdcted Torsi Lsstyssf
Funds Foods Funds TotalFunds
2022 2022 2030 2021
0 0 0 0
Accumulated funds brought forward 1,632,281 1,632,281 1,631,438
Recognised
transfers		 gains and losses before 134,227 134,227
1,766,508 1,766,508 1,632,281
Closing revenue funds 1,766,506 1,766,508 1,632,281
Summary of funds Unlsstdctsd Restncled Total Last Year
snd Funds Fuses TCISIFunds
Deslgnstedfunds
2022 2022 0001
0 0 0
Revenue accumulated funds 1,766,508 1,766,5M 1,632,281
The notes attached on pages 12 to 21 form an integral part ofthese accounts.

The Sasta Foundation
income and Expenditure
Account for the year ended 30June 2022as required		 by the
Companies
Act 2006
2022 2021
5 5
Income
Income from operations 79,000 41,750
Investment
income
Inaome from investments,
other than		 interest receivable 151,904 90,156
Other operating
income		 145
Gross Income In the year befom exceptional items 231,049 131,608
Grass income in the year including exceptional items 231,049 131,906
Expenditure
Charitable
expenditure,
excluding
depmciation		 snd amorlisabon 32,135 29,518
Fundraising
costs		 65,512 91,095
Governance costs 3,360
Other expenditure (825) 14,180
Realised losses
on disposals ofsacial investments		 which are programme related
Total expenditure
in the year		 96,822 138,153
Net income before tax in the financial year 134,227 (6,247)
Tsx on surplus
on ordinary sagvif en
Net income after tax in the financial year 134,227 (6,247)
Retained surplus forthe financial year 134,227 ~6,247
Ag activities derive from continuing operations

SORP SORP SORP
Note Ref 2022 2021
2 5
Fixed seiurts A
Investments
held as		 fixed assets 6 A4 2,612,126 2,611,164
Current assets 5
Dsbtom 7 62 22,819 17,404
Cash atbank andin hand 64 22,613 77,689
Total current assete 45,432 95,093
Credltorsi
amounts		 falling due within
one year 8 C1 (3,000) (185,928)
Net cuiveiit assets 42,432 (90,833)
2,654,558 2,520,331
Creditors: amounts
falling		 due after more
Bran one year 9 C2 (888,050) (888,050)
The total net assets of the chaitty 1,766,503 1,832,281
The total net assets of the charity are funded by the funds oftire charity, as follows:-
Restrlcted funds
Unrestricted
Funds
Unrestricted
Revenue		 Funds 15 D3 1,766,508 1,632,281
1,766,508 1,632,281
Designated
Funds
Total charity funds 1,785,508 1,632,281
The 'SORP Ret' indicated above is the classification of Balance Sheet items esset out in Bteformal SORP
documents.
As required		 by paragraph 4.60ofthe SORP, Ihe brought forward snd carried forwanl funds above
have been agreed tothe SOFA..
The directors are satisfied lhat the company is enfided to exempBon from the requirement to obtain an audit
under sedion 477ofthe Companies Act 2006.
Ths member has not required
the company to obtain an audit		 in accordance with section 476ofthe Act.
The directors acknowledge their responsibilibes
for complying		 with the requirements ofthe Companies Ad 2008
with respect to accounting records snd the preparation ofaccounts.
The charily is subject to Independent Examinabon under charily legislaBon, and the report ofBteIndependent
Examiner is on page 7.
The financial statements
have been prepared
2006.applicable
to coggranies subject to the		 in accordance
with the provisions
small companies
regime.		 in Part 15ofthe Companies Act
Mr. M W STASZEWSKI
Trustee
Approved
by the board oftrustees on I November		 2022

Investments
in
subsidiaries		 Listed
investments		 Other Classes
ofInvestment		 Total
Canying
values ofinvestments
At 1 July 2021 2,611,164 2,611,164
Additions 962 952
At 30June 2022 2612126 2612126
Analysis
between fair value and historical		 cost
Investments as above held at fair value 2,612,126 2,612,126
Analysis of Other Classes ofInvestment
Included at
historical cost, Iscludad st
less wrac fair value
dowll
Investment properties
At 1 July 2021 2 502 922 2 502 922
At 30June 2022 2,502,922 2,502,922
Other investments
At I July 2021 106,242
Additions 962
At 30June 2022 109204
Summaqr ofother classes ofinvestments at30June 2022
Investment properties 2,502,922 2,502,922
Other investments 109,204 109,204
2,612,126 2,612,126

No tes to the Accoun ts fort he year ended 30June 2022
7 Debtors
2022 2021
9
Other debtors 22,819 17,404
8 Creditom: amounts falling due within one year 2022 2021
9
Accrue)a 3,000 3,360
Other creditors 182,566
3.000 185,926
9 Creditors: amounts falling due after one year 2022 2021
9
Bank loans end overdrefls 888,050 888,050
10 Loans to trustees included in debtors
There are no loans to trustees
11 Guarantees
made		 by the charity on behalf oftrustees
There are no guarantees
12 Income and Expend(tom account summary 2022 2021
9 2
At 1July 2021 1,625,191 1,631,438
Surplus after tex fcrthe year 134,227 (6,247)
At 30June 2022 1,759,418 1,825,191
13 Related party transactions
2022 2021
9 9
Trustee ofthe charity - Mr M W Staszewskt
Loan included
in creditors due from (to) the related perly		 (180,000)
2)
Trustee ofthe charity end common director - Mr M WSteszewski 8 Porlmen Equity
Advisors. Limited
Donations
from related		 carly 79,000 36,750

No tes to the Accounts for the tes to the Accounts for the year ended 30June year ended 30June 2022 2022 2022 2022
14 Particulars ofhow particular funds are represented by assets and liabilities
At 30June 2022 Unrestricted Dsslgnsisd nesirlciml Tofal
fuIiils fulids funds Funds
E
Investments
at valuation. -
Fixed asset invsslmsnls 2,612,126 2,612,126
Current Assets 45,432 45,432
Current
Liabilities		 (3,0M) (3,MO)
Long Term LiabiliTies (888,050) (888,050)
1,766,508 1766508
At 1July 2021 Unrestricted Designated Restricted Total
funds funds funds Funds
E E E 5
Invsstmams
at valuation:-
Fixed asset investments 2,611,164 2,611,164
Current Assets 95,093 85,093
Current
Liabilities		 (185,926) (185,926)
Long Term LiabiliTies (888,050) (888,050)
15 Change
in total funds over the year as shown		 in Note 14,analysed by individual funds
Funds brougm Movement in Transfers Fund» carried
ronsard fram funds
In 2022		 between forward to
2O21 funds in 2022 SOSS
Sss Nots IS Ses Note 0
E E E
Vnresbicted and designated funds:-
Unrestricted
Revenue Funds		 1,632,281 134,227 1,766,508
Total unrestricted
and designated		 funds 1,632,281 134,227 1766508
Total charity funds 1,632,281 134,227

This analysis is classsryied by conventional is classsryied by conventional nominal descdptlons and not by ectivity. and not by ectivity.
19 Donations,
Grants and Legacies
Cuhaht year CSIhrht
y as I		 Culvaht year Prior Year
uhrssulatse Rastnatsd TstalFuuds Tatalyuhes
Feuds Funds
2S22 2S22 2021
E
Donations and gifts from individuals
Donations 79,000 79,000 41,750
Total donetione
individuals		 and gifts from 79,000 79,000 41,750
Total Donations, Grants and
Legacies		 76,000 76,000 41,750
20 Investment income
Cuhaht yasr cunshtysar Currant ysar Prior Year
Uursamctsd Rssthalsd Total Funds Total Funds
Fuush FUSCS
2022 m22 2922 2021
E E E E
Property
Rental Income		 119,226 119,226 90,156
Other Invesenent Income 32,678 32,670
Total investment income 161,904 161,904 90,156
21 Other income and gains
Cunsnt year Current year Cuhsut year Prior Year
uhlsstllatsd Restricted TSIsIFus4s TSISIFuhes
Cvnant year Funds Funds
2022 2022 2S22 m21
E
guhdry other income 145 146
Total other income 145 145

0unset year Current year Currentyiar Prier Year
Unreetriited Reetricwd Total funds Toielfunde
Cement Year Funds Funds
2e22 2622 2922 2021
r. 4 2
Grants made to organisations 28,054 28,954 28/29
Tot81 grsntmaking costs B2c 2$,954
Breakdown
ofGrants made to		 organismions
Current year Current year Current year
Unrestricted Restricted Total Funds
Cunent Year FIIII4e Funds
m22 2922 2022
Moreuhet Haiorah Lid 5,000 5,000
WST Charity Ltd 4,900 4,000
The Bridge lane Belh Hamedraeh 2,066 2,066
Grants individually below 22,000 16,988 16,988
- ~28954
28 Support costs for charitable activities
Current year Cunent year Cunent year prior Year
Unrestricted Restricted ToiaiFunde ToialFunde
Cuwent Year Funds Funds
2022 2022 2621
r. 0
Professional fees paid to sdvisom other than the audiair orexaminer
Accountancy fees other than
examination
or audit fees		 2,400 2400
Financial costs
Bank charges 781 Tal 89
Support coats before reallocation 3,181 3,181 aa
Total support costa - Cunent Year 3,181 $,181 89

24 Other Expenditure Other Expenditure Other Expenditure -Governance costs
Csnant ttssf Cunest year Cunent year Prior Year
Unresuicted Restricted TotalFunds TotalFunds
Current Year Funds Funds
2022 2022 te22 2021
0 6 6
Independent
Examiner's fees		 3,300
Total Governance costs 3,360
A0ihe espendiWre in the prior year was unrestrided.
26 Total Charitable expenditum
Current year Cemlnt nial Cunsnt year Prior Year
Unrestricted Restricted Total Funds Total Funds
Current Year Funds Funds
2022 2022 2021
8 0 r.
Total grantmaking costs 82c 28,954 20,954 20,420
Total support costs 82d 3,181 3,181 80
Total Governance costs 82e 3,360
Total charitable expenditure 82 32,135 ~32135 32sys
A0 the expendiWre in the prior year was unrestricted.
Prior Year Prior Year Prior Year
Unresulcted Resuicted TotalFunds
Prior Year Funds Funds
2021 aa21 3021
Total grantmaking costs 82c 20,429 29ri20
Total support costs 82d 89 09
Total Governance rx)sts 82e 3,360 3,380
Total charitable expenditure 82 ~32 078 32,870

26 Expenditure on raising funds and funds and costa ofinvestment costa ofinvestment costa ofinvestment management management
Cuhchl year Current year Cunchl year Pricr Year
Uhlssthctsd Rcslrlctsd TSIUIFUnds TSIUIFundh
Cmrent Year Funds FUhdc
2622 2922 2622 2021
E r. E E
Investment management costs 21,376 21,376 35,700
Management commission 10,600 10,600 8,200
Loan iniemst 32,764 32,704 32,764
Loan arrangement fee 592 592 592
Legal and professional fees i6o 100 13,743
Total fundrslslng coals B1 65,512 85,612 01,095
All the expenditure in the prior year wss Uhrestricmd.
27 Other trading
expenditure		 unrelated to tundra(sing or charitable activities
Currsni yshr chhshi year CUrhlhtuccr Prior Yshr
Unrsstrlclca Rsslriclca TSIUIFUhds TcislFunds
FUhac Fhhdc
2022 2022 2022 2e21
6 6 6 2
Foreign exchange differences (636) (038) 6,974
Sundlyexpenses 13 13 116
Non chariiy expend dure B3b (025) (025) 7,090
Other trading expenditure unndatsd tofundraising or charitable activities. Prior Year analysis
Uhrssmclcd Rsslrictsd TSIUIFunds
Funds Funds
25 Total ofotherexpendlture
Cunsht yccr Current year Cuncnt year Prier Year
Current Year Uhlssuiclsd
Funds		 Rsslrlcisd
Funds		 Total Funds Tslslyunds
2C22 2022 2S22 2021
E 6 E
Non charity expenditure (825) (825) 7,090
Total other expenditure B3 825 7,090
All the expenditure in the prior year wss uhresuhled.
Prier Year Pliclvssr Prisr Vssr
Uhlsslrlclcd Rssulclsd Total Funds
Pnor Year Funds FUhdS
2021 2021 iu21
6 6 E
Ncn charity expenditure 7,090 7,090
Total other expenditure B3 7,090 7,090