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|---|---|---|---|
|CONTENTS|||Page|
|The Trustees'|Annual|Report||
|Independent|Auditor's|report to the Trustees|9|
|Statement of|Financial|Activities|15|
|Balance Sheet|||16|
|Statement of|Cash Flows||17|
|Notes to the Accounts|||18|
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|(including
income and expenditure
|(including
income and expenditure
|(including
income and expenditure
|account)|||
|---|---|---|---|---|---|
|for the year ending 31March 2022||||||
|||||Unrestricted|Unrestrrcted|
|||||funds|funds|
||||Notes|2022|2021|
|INCOME||||||
|Donations
and legacies||||610,815|712,629|
|Investment
income||||4,135|3,827|
|TOTAL INCOME||||614,950|716;456|
|EXPENDITURE||||||
|Expenditure
on raising|funds|||(48,612)|(44,525)|
|Expenditure
on charitable
activities||||(134,587)|(747,935)|
|TOTAL EXPENDITURE||||(183,199)|(792,460)|
|Net (losses)/gains
on investments||||(5,726)|49,215|
|Net income/(expenditure)||||426,025|(26,790)|
|Net movement
in funds||||426,025|(26,790)|
|RECONCILIATION|OF FUNDS|||||
|Fund balance brought
forward at beginning|||ofyear|643,587|670,377|
|Fund balance carried forward||at end ofyear||1,069,612|643,587|
|BALANCE SHEET||||
|---|---|---|---|
|as at 31March 2022||||
|||2022|2021|
||Noies|||
|FIXEDASSETS||||
|Investments||245,969|250,419|
|CURRENT ASSETS||||
|Debtors: Gift Aid recoverable||35,071|36,569|
|Loans &other receivables||3,498|4,488|
|Cash at bank and in hand||791074|359357|
|TOTAL CURRENT ASSETS||~829643|400 414|
|CURRENT LIABILITIES||||
|Creditors
falling due within one year|10|(6,000)|(7,246)|
|NET CURRENT ASSETS||023643|393368|
|NET ASSETS||1,069,612|643,587|
|The Funds ofthe charity:||||
|Unrestricted||1,069,612|643,587|
|TOTAL CHARITY FUNDS||1 069612|643587|
|STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|STATEMENT OF CASH FLOWS|||||
|---|---|---|---|---|---|---|---|---|
|for the year ending 31||March 2022|||||||
|||||||Notes|2022|2021|
|Cash generated|by/(used|in) operating||activities||11|428,858|(79,607)|
|Cash flows from investing||activities|||||||
|Investment
and|other income||||||4,135|3,827|
|Proceeds from|sale ofinvestments||||||29,779|15,368|
|Purchase ofinvestments|||||||(11,301)|(35,992)|
|Movement
in cash held on||investment|||||~19754|19167|
|Cash provided|by investing
activities||||||2,859|2,370|
|Increase /(decrease)
in cash and|||cash||||431,717|(77,237)|
|equivalents
in|the year||||||||
|Cash and cash|equivalents|at the|beginning||of||359,357|436,593|
|year|||||||||
|Total cash and|cash equivalents||at end|ofyear|||~791074|359357|
|Comprising:|||||||||
|Cash at Bank|||||||~791074|359357|
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|5. DONATIONS
AND LEGACIES|5. DONATIONS
AND LEGACIES|5. DONATIONS
AND LEGACIES|||||
|---|---|---|---|---|---|---|
||||||2022|2021|
|Gifts, donations,
legacies and grants|||||575,744|676,060|
|Gift relief recoverable
from|HMRC||||35,071|36,569|
||||||~610815|712629|
|6. EXPENDITURE ON RAISING FUNDS|||||||
||||||2022|2021|
|Fundraising
costs|||||2,462|2,681|
|Bank and investment
management||fees|||2,852|3,058|
|Salaries &HMRC deductions|||||43,298|38,786|
||||||4~8612|44525|
|Salary costs include National|Insurance||contributions|ofK2,893|(2020-21f2,388),|and|
|employer
pension costs off733(2020-21 f596).|||||||
||||||2022|2021|
||||||8||
|Key management
personnel|costs||||4~3298|38 786|
|7.EXPENDITURE ON CHARITABLE ACTIVITIES|||||||
||||||2022|2021|
||||||8||
|Donations to Future Hope (India)|||||115,300|733,952|
|Volunteer Expenses|||||4,828|7,626|
|Audit Fees|||||6,000|6,000|
|Governance
Costs &other|Fees||||8,459|357|
||||||~134587|747935|
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|8. INVESTMENT|S (|Inclu|des cash/deposit
accounts with Inv|estment
Manager)||
|---|---|---|---|---|---|
|||||2022|2021|
|||||g||
|Balance brought|forward|||250,419|199,747|
|Purchase ofinvestments||||11,301|35,992|
|Sale ofinvestments||||(29,779)|(15,368)|
|Movement
in cash|holding|||19,754|(19,167)|
|(Loss)/gain
on revaluation||||(5,726)|49,215|
|Balance carried forward||||245,969|250,419|
|Analysis ofinvestment||market value at 31 March 2022:||||
|||||2022|2021|
|Equities||||||
|UK||||55,824|66,904|
|Global/Overseas||||108,199|118,599|
|Bond Funds||||||
|UK||||41,011|44,223|
|Global/Overseas||||8,061|8,582|
|Property —UK investment|||fund|5,919|4,909|
|Cash||||26,955|7,201|
|Total||||245,969|250,419|
||2022|2021|
|---|---|---|
|Baillie Gifford American Wl|15,338|19,144|
|Fidelity UK Moneybuilder
Inc|16,120|17,393|
|Artemis US Select|13,642|12,154|
|Jupiter Fund Mgrs UK Mid Cap*|0|15,821|
|JP Morgan UK Corp Bonds*|10,358|11,202|
|Cash|26,956|7,201|
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|||2022|2021|
|---|---|---|---|
|Loan receivable||3,498|4,398|
|Prepayment|ofPayroll Expenses|0|90|
|||3,498|4,488|
|0.CREDIT|ORS|||
|||2022|2021|
||||8|
|Audit fees||6,000|6,000|
|Salaries due|and payable|0|1,246|
|||6,000|7,246|
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|1.CASH USED IN OPERATING AC|TIVITIES|||
|---|---|---|---|
|||2022|2021|
|Net income/(expenditure)||426,025|(26,790)|
|Deduct interest/investment
income||(4,135)|(3,827)|
|Add back losses/deduct
gains on investments||5,726|(49,215)|
|Decrease/(increase)
in debtors||2,488|(1,413)|
|(Decrease)/increase
in creditors||(1,246)|1,639|
|Net cash generated
by/(used
in) operating|activities|428,858|(79,607)|
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