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|Trustees'
annual
report (incorporating|||the|director's|report)||
|Independent
examiner's
report to the|||trustees||||
|Statement
offinancial|activities|(including||income and|||
|expenditure
account)|||||||
|Statement
offinancial|position||||||
|Notes to the financial|statements||||||
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|Registered||charity|name|name|The Manny Cussins|The Manny Cussins|Foundation|(a Company|Limited|by Guarantee)|
|---|---|---|---|---|---|---|---|---|---|---|
|Charity registration|||number||1155281||||||
|Company|registration|||number|08542451||||||
|Principal office and|||registered||C/0 Ford Campbell||Freedman|Limited|||
|office|||||2nd Floor||||||
||||||33Park Place||||||
||||||Leeds||||||
||||||LS1 2RY||||||
||||||England||||||
|The trustees|||||||||||
||||||Mr Andrew Cussins||||||
||||||Mr Ben Cussins||||||
||||||Mr Thomas Cussins||||||
||||||Mr Adrian Cussins||||||
||||||Miss Emily Cussins||||||
||||||Mr Christopher|Easton|||||
||||||Mr Andrew Sacks||||||
||||||Ms Jodie Barwick-Bell||||||
||||||Mr Nick Cussins||||||
|Independent||examiner|||Dale Coleman||||||
||||||2nd Floor||||||
||||||33Park Place||||||
||||||Leeds||||||
||||||LS1 2RY||||||
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|||||2022|2022|2021|
|---|---|---|---|---|---|---|
|||||Unrestricted|||
||||Note|funds
f|Total funds
f|Total funds
f|
|Income and endowments|||||||
|Investment
income|||5|68,664|68,664|85,635|
|Total income||||68,664|68,664|85,635|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Investment
management||costs|6|(46,992)|(46,992)|(42,275)|
|Expenditure
on charitable|activities||7,8|(263,383)|(263,383)|(498,487)|
|Total expenditure||||(310,375)|(310,375)|(540,762)|
|Net (losses)/gains
on investments|||11|(662,414)|(662,414)|655,919|
|Net (expenditure)fincome|and net movement||in funds|(904,125)|(904,125)|200,792|
|Reconciliation offunds|||||||
|Total funds brought
forward||||5,783,566|5,783,566|5,582,774|
|Total funds carried forward||||4,879,441|4,879,441|5,783,566|
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||||Note|2022||2021
f|
|---|---|---|---|---|---|---|
|Fixed assets|||||||
|Investments|||14||3,795,560|4,662,150|
|Current assets|||||||
|Debtors|||15|794,808||976,477|
|Cash at bank|and in|hand||588,419||622,076|
|||||1,383,227||1,598,553|
|Creditors: amounts||falling due within one year|16|299,346||477,137|
|Net current assets|||||1,083,881|1,121,416|
|Total assets|less current liabilities||||4,879,441|5,783,566|
|Net assets|||||4,879,441|5,783,566|
|Funds ofthe charity|||||||
|Unrestricted|funds||||4,879,441|5,783,566|
|Total charity|funds||17||4,879,441|5,783,566|
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|Investment
income|||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2022|Funds|2021|
||5||F|F|
|Income from listed investments|31,082|31,082|34,735|34,735|
|Other income|37,582|37,582|50,900|50,900|
||68,664|68,664|85,635|85,635|
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|||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|
|||Funds||2022|Funds||2021|
|||5|||F||F|
|Porffolio|management|46,992||46,992|42,275||42,275|
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|Expend|iture
on charitable|activities
by fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds
F.|2022
6|Funds
E|2021
f|
|Grants|payable|246,866|246,866|474,509|474,509|
|Support|costs|16,517|16,517|23,978|23,978|
|||263,383|263,383|498,487|498,487|
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|Expenditure|on charitable
|activities
by activity type||||
|---|---|---|---|---|---|
|||Grant funding||Totalfunds|Total fund|
|||of activities Support costs
F.
F||2022
F|2021
f|
|Grants payable||246,866||246,866|474,509|
|Governance|costs||16,517|16,517|23,978|
|||246,866|16,517|263,383|498,487|
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|9.|Analysis of|support costs||||
|---|---|---|---|---|---|
||||Analysis of|||
||||support costs|||
||||grants|||
||||payable|Total 2022|Total 2021|
||||F|6|F|
||Governance|costs|12,017|12,017|12,021|
|10.|Analysis of|grants||||
|||||2022|2021|
|||||F.|F|
||Grants to institutions|||||
||Grants to institutions|||246,866|474,509|
||Total grants|||246,866|474,509|
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|Net (losses)/|gains
on in|vestme|nts|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds
6|2022|Funds
6|2021
f|
|Gains/(losses)|on listed investments|||(337,336)|(337,336)|661,869|661,869|
|Gains/(losses)|on other investment|||||||
|assets||||(325,078)|(325,078)|(5,950)|(5,950)|
|||||(662,414)|(662,414)|655,919|655,919|
|Independent|examination|fees||||||
|||||||2022|2021|
||||||||F|
|Fees payable|to the independent||examiner for:|||||
|Independent|examination|ofthe|financial|statements||1,800|1,800|
|Other financial services||||||2,700|5,640|
|||||||4,500|7,440|
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||||Listed|
|---|---|---|---|
||||investments|
||||F|
|Cost orvaluation||||
|At 1 June|2021||4,662,150|
|Additions|||442,068|
|Disposals|||(971,322)|
|Fair value||movements|(337,336)|
|At 31 May||2022|3,795,560|
|Impairment||||
|At 1June||2021 and 31 May 2022||
|Carrying|amount|||
|At 31 May||2022|3,795,560|
|At 31 May||2021|4,662,150|
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|15.|Debtors||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
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||Prepayments|and accrued income|||5,808|7,477|
||Other debtors||||789,000|969,000|
||||||794,808|976,477|
||The debtors above include the following|||amounts|falling due after more than one year:||
||||||2022|2021|
|||||||F.|
||Other debtors|||||520,000|
|16.|Creditors: amounts||falling due within|one year|||
||||||2022|2021
f|
||Accruals and|deferred|income||299,309|477,100|
||Other creditors||||37|37|
||||||299,346|477, 137|
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||||At|||Gains and|At|
|---|---|---|---|---|---|---|---|
|||1|June 2021
f|Income
F.|Expenditure
F|losses
F|31 May 2022
5|
|General|funds||5,783,566|68,664|(310,375)|(662,414)|4,879,441|
||||At|||Gains and|At|
|||1|June 2020
f|Income
F|Expenditure
F|losses|31 May 2021
F|
|General|funds||5,582,774|85,635|(540,762)|655,919|5,783,566|
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|18.|Analysis of|net ass|e|ts bet|ween funds|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted|Total Funds|
|||||||||Funds|2022|
|||||||||F|6|
||Investments|||||||3,795,560|3,795,560|
||Current assets|||||||1,383,227|1,383,227|
||Creditors less than||1|year||||(299,346)|(299,346)|
||Net assets|||||||4,879,441|4,879,441|
|||||||||Unrestricted|Total Funds|
|||||||||Funds|2021|
|||||||||F|F|
||Investments|||||||4,662,150|4,662,150|
||Current assets|||||||1,598,553|1,598,553|
||Creditors less than||1|year||||(477,137)|(477,137)|
||Net assets|||||||5,783,566|5,783,566|
|19.|Financial instruments|||||||||
||The carrying|amount||for each category of financial|||instrument|isas follows||
|||||||||2022|2021|
||||||||||F|
||Financial assets measured||||at fair value through||income|and expenditure||
||Financial assets measured||||at fair value through|income and||||
||expenditure|||||||3,795,560|4,662,150|
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