| Reference and administrative detafis ofthe Charity, its Trustees |
Reference and administrative detafis ofthe Charity, its Trustees |
Reference and administrative detafis ofthe Charity, its Trustees |
Reference and administrative detafis ofthe Charity, its Trustees |
and advisors | |
|---|---|---|---|---|---|
| Trustees' report | 2-3 | ||||
| Trustees' responsibilities statement |
|||||
| independent auditors' report on the financial statements |
5-7 | ||||
| Statement offinancia activities | |||||
| Balance sheet | |||||
| Nates to the iinaacial statements | 10-17 | ||||
| The following pages do not form part ofthe |
statutory | financial | statements: | ||
| Charity Detafied iacome and expenditare | account | 1$ |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Endowment | Unrestricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| Notes | I | |||||
| INCOME AND ENDOWMENTS | ||||||
| FROM | ||||||
| Donations and legacies |
10,850 | 10,850 | 103,127 | |||
| Investment Income |
41,079 | 41,079 | 33,087 | |||
| Total income and endowments | 51,929 | 51,929 | 136,214 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 8,847 | 8,847 | 9,267 | |||
| Chantable activities |
84,679 | 84,679 | 40,368 | |||
| Total Expenditure | 8&847 | 84&679 | 93526 | 49,635 | ||
| Net income/(expenditure) | before net | |||||
| gains/(losses) on investments |
(8,847) | (32,750) | (41,597) | 86,579 | ||
| Net gains on investments | (247,341) | (247@41) | 182,045 | |||
| Net movement in funds |
(256,188) | (32,750) | (288,938) | 268,624 | ||
| Reconciliation offunds: |
||||||
| Total funds brough forward | 2,117,275 | 19,014 | 2,136,289 | 1,867,665 | ||
| Net movement in funds |
(256&188) | (32,750) | (288&938) | 268,624 | ||
| Total funds carried forward | 1,861,087 | (13,736) | 1,847,351 | 2,136,289 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Total | Total | ||||||
| Funds | Funds | ||||||
| Notes | f | ||||||
| Fixed Assets | |||||||
| investments | 1,649,494 | 2,017,024 | |||||
| Current Assets |
|||||||
| Debtors | 14,060 | 974 | |||||
| Cash at bank | 186,667 | 154,031 | |||||
| 200,727 | 155,005 | ||||||
| Current LiabiTities |
|||||||
| Creditors:amounts | falling due within one | ||||||
| year | 9 | (2,870) | (35,740) | ||||
| Net current | assets | 197,857 | 119,265 | ||||
| Total assets | less current liabilities | L847851 | 2,136,289 | ||||
| Total net assets | 1,847,351 | 2,136,289 | |||||
| Charity Funds | |||||||
| Endowment | funds | 10 | 1,861,087 | 21,117,275 | |||
| Restricted | 10 | ||||||
| Unrestricted | 10 | (13,736) | 19,014 | ||||
| TOTAL FUNDS | 1,847,351 | 21,136,289 |
| Income from donations and legacies |
|||
|---|---|---|---|
| Endowment | Unrestricted | Total | |
| Funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| g | |||
| Donations | 10,850 | 10,850 | |
| Endowment | Unrestricted | Total | |
| Funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| f. | |||
| Donations | 100,000 | 3,127 | 103,127 |
| INVESTMENT | INCOME | Unrestricted | Total |
|---|---|---|---|
| funds | funds | ||
| 2022 | 2022 | ||
| f | |||
| Other investment | income | 41,079 | 41,079 |
| 41,079 | 41,079 | ||
| Unrestrioted | Total | ||
| funds | funds | ||
| 2021 | 2021 | ||
| f. | f | ||
| Other investment | income | 33,087 | 33,087 |
| 33,087 | 33,087 | ||
| Page 12 |
| 4. | Investment | management | costs | costs | Endowment | Total | |
|---|---|---|---|---|---|---|---|
| Funds | fuads | ||||||
| 2022 | 2022 | ||||||
| Portfolio management | 8,847 | 8,847 | |||||
| Endowment | Total | ||||||
| Funds | funds | ||||||
| 2021 | 2021 | ||||||
| f | |||||||
| Portfolio management | 9,267 | 9,267 | |||||
| 5. | Auditors' | remuneration | 2022 | 2021 | |||
| Fees payable to tbe Charity's | auditor for the audit ofthe Charity's | annual | 2,400 | 2,500 |
| 7. | Fixed Asset investments | Fixed Asset investments | ||
|---|---|---|---|---|
| Listed | ||||
| Investments | ||||
| Cost or valuation | ||||
| At 1 January 2022 | 2&017,024 | |||
| Additions | 356&759 | |||
| Dispose)a | (476,947) | |||
| Revaluations | (247841) | |||
| 1,649,494 | ||||
| Net Book Value | ||||
| At 31December 2022 | 1,649&494 | |||
| At 31 December 2021 | 2,017,024 | |||
| 2022 | ||||
| f | ||||
| Fixed interest | 368&117 | |||
| UK Equities | 503,466 | |||
| Overseas equities | 777,911 | |||
| Total | 1,649,494 | |||
| g. | Debtors | 2022 | 2021 f |
|
| Due within one year |
||||
| Other Debtors | 14,060 | 974 | ||
| 9. | Creditors:Amounts | falling due within one year | ||
| 2022 | 2021 | |||
| Other creditors | 2,870 | 35,740 |
| Statement offunds - current year | Statement offunds - current year | |||||
|---|---|---|---|---|---|---|
| Balance at I | Balance at | |||||
| January | Income | Expenditure | Gains/ | 31December | ||
| 2022 | (Losses) | 2022 | ||||
| f | I | I | ||||
| Unrestricted | funds | |||||
| General Fund | 19,014 | 51,929 | (84,679) | (13,736) | ||
| Endowment | Funds | |||||
| Endowment | Funds | 2,117,275 | (8,847) | (247841) | 1,861,087 | |
| Total ofFunds | 2,136,289 | 51,929 | (93,526) | (247/41) | 1,847@51 | |
| Statement offunds- prier year | ||||||
| Balance at 1 | Balance at | |||||
| January | Income | Expenditure | Gains/ | 31December | ||
| 2021 | (Losses) | 2021 | ||||
| I | ||||||
| Unrestricted | funds | |||||
| General Fund | 23,168 | 36,214 | (40,368) | 19,014 | ||
| Endowment | Funds | |||||
| Endowment | Funds | 1,844,497 | 100,000 | (9,267) | 182,045 | 2,117,275 |
| Total offunds | 1,867,665 | 136,214 | (49,635) | 182,045 | 2,136,289 |
| Summary | offunds - current year | |||||
|---|---|---|---|---|---|---|
| Balaace at 1 | Balance at | |||||
| January | Income | Expenditure | Gains/ | 31December | ||
| 2022 | (Losses) | 2022 | ||||
| 8 | ||||||
| General Fund | 19&014 | 51,929 | (84,679) | (13,736) | ||
| Endowment | Funds | 2,117,275 | (8,847) | (247441) | 1,861,087 | |
| 2,136,289 | 51,929 | (93,526) | (247,341) | 1,847,351 | ||
| Summary offunds - prior year | ||||||
| Balance at 1 | Balance at | |||||
| January | lncotue | Expenditure | Gains/ | 31December | ||
| 2021 | (Losses) | 2021 | ||||
| General Fund | 23,168 | 36,214 | (40,368) | 19,014 | ||
| Endowment | Funds | 1,844,497 | 100,000 | (9,267) | 182,045 | 2,117,275 |
| 1,867,665 | 136,214 | (49,635) | 182,045 | 2,136,289 |
| Analysis | ofnet asse | ts betweenfunds -curre |
nt period | |||
|---|---|---|---|---|---|---|
| Endowment | Restricted | Unrestricted | Total | |||
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2022 | |||
| 8 | 8 | |||||
| Fixed asset investments | 1,649,494 | 1,649,494 | ||||
| Current assets | 200,727 | 200,727 | ||||
| Creditors | due within | one year | (2,870) | (2&870) | ||
| Difference | 10,866 | (10,866) | ||||
| Total | 1,861,087 | (13,736) | 1,847,351 |
| Analysis ofnet assets betweenfunds | -prior year | ||||
|---|---|---|---|---|---|
| Endowment | Restricted | Uarestricted | Total | ||
| funds | funds | funds | funds | ||
| 2021 | 2021 | 2021 | 2021 | ||
| f | |||||
| Fixed asset investments | 2,017,024 | 2,017,024 | |||
| Current assets | 106,078 | 48,928 | 155,006 | ||
| Creditors due within one year | (35,740) | (35,740) | |||
| Difference | 29,914 | (29,914) | |||
| Total | 2,117,276 | 19,014 | 2,136,290 |
| 2022 | 2022 | 2021 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| Income | g | |||||||
| Donations | 5,850 | 100,000 | ||||||
| Legacies | 5,000 | |||||||
| Other Investment | income | 40,850 | 33,087 | |||||
| Deposit account | interest | 228 | 3,127 | |||||
| 51,929 | 136,214 | |||||||
| Gains/(Losses) | on investments | |||||||
| Gain/(loss) on |
investments | (247,341) | 182,045 | |||||
| (247,341) | 182,045 | |||||||
| Gross income | in the reporting | period | (195,413) | 318,259 | ||||
| Less: | ||||||||
| Portfolio management | 8,847 | 9,267 | ||||||
| Grants to institutions | 69,223 | 25,000 | ||||||
| 78,070 | 34,267 | |||||||
| Support costs | ||||||||
| Bank Charges | 86 | 98 | ||||||
| Office costs | 470 | 470 | ||||||
| RCDC Office | Costs | 10,000 | 10,000 | |||||
| Bookkeeping | services | 2,500 | 2,500 | |||||
| Accountancy | 2,400 | 2,300 | ||||||
| 15,456 | 15,368 | |||||||
| Total expenditure | 93,526 | 49,635 | ||||||
| Net income for | the reporting | period | (288,938) | f268,624 | ||||
| Surplus for the | reporting | period | (288,938) | f268,624 |