|||Page|
|---|---|---|
|Company
Information|||
|Trustees' Report||3-4|
|Statement of Directors'|Responsibilities||
|Independent
Auditor's|Report|6-8|
|Statement ofFinancial|Activities||
|Balance Sheet||10|
|Statement ofCash Flows|||
|Accounting
Policies||128 13|
|Notes tothe Financial|Statements|14-16|
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|THE GAUDIO FAMILY FOUNDATION|THE GAUDIO FAMILY FOUNDATION|(UK)|LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating
an income and expenditure
account)|LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating
an income and expenditure
account)|LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating
an income and expenditure
account)|LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating
an income and expenditure
account)|LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating
an income and expenditure
account)|
|---|---|---|---|---|---|---|---|
||||||Year ended 31 December 2022|||
|||||Note|2022||2021|
|Income and endowments|from:|||||||
|Donations
Gift aid
Investment
income|||||10,956,522
3,890,239
421,932||7,305,158
3,601,167
349,702|
|Total Income|||||15,268,693||11,256,027|
|Expenditure
on:||||||||
|Cost ofraising funds
Charitable
activities|||||149,276
6,248,731||118,074
3,870,711|
|Total Expenditure|||||6,398,007||3,988,785|
|Net income for the year|||||8,870,686||7,267,242|
|Other gains/(losses)
Foreign exchange gains
Investments|||||2,730,292
(2,399,695)||(57,577)
1,960,535|
|Net movement
in funds|||||9,201,283||9,170,200|
|Balance brought forward at start ofyear|||||43,213,113||34,042,913|
|Balance carried forward|at end of year||||652,414,396|F43,213,113||
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||2022|2021|
|---|---|---|
|Net cash flow from operating
activities (see below)|8,440,621|6,927,273|
|Cash from investing
activities
Payments
to acquire investments
Increase
in cash held at investment
managers
Proceeds from sale of investments
Dividends
and interest from investments|(10,240,588)
(297,529)
9,880,397
421,932|(21,926,987)
(406,946)
15,237,032
349,702|
|Net cash flow by investing
activities|(235,788)|(6,747,199)|
|Effect ofexchange rate Ructuations
on cash held|2,730,292|(57,577)|
|Change
in cash and cash equivalents
in the year|10,935,125|122,497|
|Cash and cash equivalents
brought forward|17,049,163|16,926,666|
|Cash and cash equivalents
carried forward|F27,984,288|F17,049,163|
|Net income forthe year
Dividends
and interest from investments
Increase/(Decrease)
in creditors|8,870,686
(421,932)
(8,133)|7,267,242
(349,702)
9,733|
|Net cash flow from operating
activities|58,440,621|E6,927,273|
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|1.|
Donations|
Donations|
|
Year ended 31Dec|ember 2022|
|---|---|---|---|---|---|
||Income in the year was unrestricted||and in the form ofdonations|from a Trustee (see note|10).|
|2.|Costs ofraising funds|||2022|2021|
||Investment
managers
fees|||6149,276|6118,074|
|3.|Expenditure
on charitable|activities||||
|||||2022|2021|
||Grants made:|||||
||Gaudio Family Foundation|||3,983,377|2,166,892|
||West London Zone|||175,000|150,000|
||St Giles Trust|||175,000|150,000|
||Safe Lives Limited|||150,000|150,000|
||The Anna Freud Centre|||150,000|150,000|
||Girls not Brides|||150,000|150,000|
||Resurgo Trust|||150,000|150,000|
||Mental Health
Innovations|||150,000|150,000|
||City Harvest
Limited
Refugee Action
Smart Works Charity|||150,000
125,000
125,000|75,000
75,000
75,000|
||Drive Forward Foundation|||100,000|75,000|
||Football Beyond Borders|||100,000||
||New Horizon Youth Centre|||100,000||
||Little Village|||100,000||
||Place2Be|||75,000|75,000|
||SocDes Amis National|||25,793||
||Just for Kids Law||||75,000|
|||||5,984,170|3,666,892|
||Supportcosts:
Professional fees|||264,561|203,819|
|||||66,248,731|63,870,711|
|4.|Net movement
in funds|||2022|2021|
||Net income is stated after charging:|||||
||Auditors'
remuneration
(net|ofVAT)||||
||statutory
audit|||L7,165|67,000|
||tax services|||61,050|51,050|
##
|5.|Investments||2022|2021|
|---|---|---|---|---|
||Balance brought
forward
Additions
Sale proceeds
Net gains/(losses)||25,423,850
10,240,588
(9,880,397)
(2,399,695)|16,773,360
21,926,987
(15,237,032)
1,960,535|
||||23,384,346|25,423,850|
||Cash held at investment
managers||1,061,502|763,973|
||||624,445,848|E26,187,823|
||Investments
at fair value include||||
||Equities
Bonds
Cash within investment
portfolio||15,346,139
8,038,207
1,061,502|17,324,522
8,099,328
763,973|
||||f24,445,848|E26,187,823|
|8.|Creditors: amounts
falling due within one year||2022|2021|
||Accruals||515,740|523,873|
|7.|Share Capital||||
||Authorised||||
||1 Ordinary share ofF1 each||||
||Allotted, called up and fully paid||||
||1 Ordinary
shares ofF1each||||
|8.|Reconciliation
ofMovements|in Reserves|||
||Result forthe year
Opening
shareholdef sfunds||9,201,283
43,213,113|9,170,200
34,042,913|
||Closing shareholder's
funds||552,414,396|F43,213,113|
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