##
|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|