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|Reference and administrative|details ofthe Charity,|its Trustees and advisers||
|Trustees'
report|||2-6|
|Independent
examiner's
report||||
|Statement offinancial activities||||
|Balance sheet||||
|Statement ofcash flows|||10|
|Notes to the financial statements|||11-21|
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||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2023|2023|2022|
|||||Note|E|E||
|Income from:||||||||
|Donations
and|legacies||||576,590|576,590|610,815|
|Investments|||||5,629|5,629|4,135|
|Total income|||||582,219|582,219|614,950|
|Expenditure
on:||||||||
|Raising funds|||||62,957|62,957|48,612|
|Charitable
activities|||||677,919|677,919|134,587|
|Total expenditure|||||740,876|740,876|183,199|
|Net (expenditure)/income|||before net losses on|||||
|investments|||||(158,657)|(158,657)|431,751|
|Net losses on|investments||||(17,529)|(17,529)|(5,726)|
|Net movement|in funds||||(176,186)|(176,186)|426,025|
|Reconciliation|offunds:|||||||
|Total funds brought||forward|||1,069,612|1,069,612|643,587|
|Net movement|in funds||||(176,186)|(176,186)|426,025|
|Total funds carried forward|||||893,426|893,426|1,069,612|
||||BALANCE SHEET|BALANCE SHEET||||
|---|---|---|---|---|---|---|---|
||||AS AT 31 MARCH 2023|||||
||||||2023||2022|
||||Note|||||
|Fixed assets||||||||
|Investments|||||231313||245,969|
||||||231313||245,969|
|Current assets||||||||
|Debtors||||39,316||38,569||
|Cash at bank|and|in hand||627,297||79'/, 074||
|||||666,613||829,643||
|Creditors: amounts||falling due within one||||||
|year|||10|(4,500)||(6,000)||
|Net current|assets||||662,113||823,643|
|Total assets|less|current liabilities|||893,426||1,069,6'/2|
|Total net assets|||||893,426||1,069,612|
|Charity funds||||||||
|Unrestricted|funds|||||||
|General funds||||893,426||1,069,612||
|Total unrestricted||funds|||893,426||1,069,612|
|Total funds|||||893,426||1,069,6'/2|
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||||||2023|2022|
|---|---|---|---|---|---|---|
|Cash flows from operating||activities|||||
|Net cash|used
in operating|activities|||(166,534)|428,858|
|Cash flows from investing||activities|||||
|Dividends,|interests
and rents from investments||||5,629|4,135|
|Proceeds|from sale of investments||||25,222|29,779|
|Purchase|of investments||||(39,033)|(1'/, 301)|
|Movement|in cash held on investment||||10,939|('/9, 754)|
|Net cash|provided
by investing
activities||||2,757|2,859|
|Change
in cash and cash||equivalents|in|the year|(163,777)|431,717|
|Cash and|cash equivalents|at the beginning||ofthe year|791,074|359,357|
|Cash and|cash equivalents|at the end|of|the year|627,297|79'/, 074|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2023|2023|
|Donations|543,680|543,680|
|Gift aid|32,910|32,910|
||576,590|576,590|
||Unrestricted|Total|
||funds|funds|
||2022|2022|
|Donations|575,744|575,744|
|Gift aid|35,071|35,071|
||610,815|610,815|
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2023|2023|
|Fundraising
costs||||2,227|2,227|
|Bank and investment||management|fees|2,712|2,712|
|Wages and salaries||||51,929|51,929|
|National
insurance|contributions|||4,904|4,904|
|Pension costs||||1,185|1,185|
|||||62,957|62,957|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2022|2022|
|Fundraising
costs||||2,462|2,462|
|Bank and investment||management|fees|2,852|2,852|
|Wages and salaries||||39,672|39,672|
|National
insurance|contributions|||2,893|2,893|
|Pension costs||||733|733|
|||||48,672|48,672|
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|||||Activities|||
|---|---|---|---|---|---|---|
|||||undertaken|Support|Total|
|||||directly|costs|funds|
|||||2023|2023|2023|
|Expenditure||on charitable|activities|670,230|7,689|677,919|
|||||Activities|||
|||||undertaken|Support|Total|
|||||directly|costs|funds|
|||||2022|2022|2022|
|Expenditure||on charitable|activities|120,128|14,459|134,587|
|Analysis of||direct costs|||||
||||||Total|Total|
||||||funds|funds|
||||||2023|2022|
||||||f.||
|Donations|to|Future Hope|(India)||656,000|115,300|
|Volunteer expenses|||||14,230|4,828|
||||||670,230|120,128|
|Analysis of||support costs|||||
||||||Total|Total|
||||||funds|funds|
||||||2023|2022|
|Audit fee|||||2,334|6,000|
|Governance||and other costs|||855|8,459|
|Accountancy||fees|||2,400||
|Independent||examination|fees||2,100||
||||||7,689|14,459|
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|-L -), and a
Staff costs|ccountancy|services of|F2,400 (2022- E-).|||
|---|---|---|---|---|---|
|||||2023|2022|
|Wages and|salaries|||51,929|39,672|
|Social security costs||||4,904|2,893|
|Contribution|to defined|contribution|pension schemes|1,185|733|
|||||58,018|43,298|
|2023|2022|
|---|---|
|No.|No.|
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||Listed|
|---|---|
||investments|
|Cost or valuation||
|At 1 April 2022|245,969|
|Additions|39,033|
|Disposals|(25,222)|
|Revaluations|(17,528)|
|Transfers
between classes|(10,939)|
|At 31 March 2023|231313|
|Net book value||
|At 31 March 2023|231313|
|At 31March 2022|245,969|
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||||2023|2022|
|---|---|---|---|---|
|UK Equities|||44,587|55,824|
|Global/Overseas|Equities||99,278|108,199|
|UK Bond funds|||35,433|41,0/1|
|Global/Overseas|Bond funds||6,839|8,061|
|Property - UK investment||fund|4,588|5,919|
|Commodities|||12,462||
|Other investments|||9,329||
|Cash|||16,016|26,955|
|Total|||228,532|245,969|
|The following
investment
31 March 2023:|s
represented
more than 5%o|fthe total market value ofthe investme|nts
held at|
|---|---|---|---|
|||2023|2022|
|Evenlode
Income Fund||12,184||
|Baillie Gifford American|W1|10,897|15,338|
|Artemis
US Select||12,015|13,642|
|Fidelity UK Moneybuilder|Inc|13,657|16,120|
|JP Morgan US Equity Income||11,430|11,949|
|Cash||16,016|26,955|
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||2023|2022|
|---|---|---|
|Due within one year|||
|Other debtors|39,316|38,569|
||39,316|38,569|
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|2023|2022|
|---|---|
|4,500|6,000|
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|Stateme|nt o|ffunds - curr|ent year|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1|||Gains/|31 March|
||||April 2022|Income|Expenditure|(Losses)|2023|
|Unrestricted||funds||||||
|General|Funds||1,069,612|582,219|(740,876)|(17,529)|893,426|
|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
|||||Balance at|||Gains'|31March|
||||1|April 2021|Income|Expenditure|(Losses)|2022|
|Unrestricted||funds|||||||
|General|Funds|||643,587|614,950|(183,199)|(5,726)|1,069,612|
##
|Analysis ofnet assets between funds - current ye|ar||
|---|---|---|
||Unrestricted|Total|
||funds|funds|
||2023|2023|
||f.|f.|
|Fixed asset investments|231,313|231,313|
|Current assets|666,613|666,613|
|Creditors due within one year|(4,500)|(4,500)|
|Total|893,426|893,426|
##
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|12.|Analysis of net assets between funds|Analysis of net assets between funds|Analysis of net assets between funds|Analysis of net assets between funds|(continued)|(continued)|(continued)|(continued)|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Analysis ofnet assets between funds||||- prior year||||||||
||||||||||||Unrestricted|Total|
||||||||||||funds|funds|
||||||||||||2022|2022|
||Fixed asset investments||||||||||245,969|245,969|
||Current assets||||||||||829,643|829,643|
||Creditors due within|one year|||||||||(6,000)|(6,000)|
||Total||||||||||1,069,612|1,069,612|
|13.|Reconciliation
of|net movement||in funds||to|net|cash flow|from|operating|activities||
||||||||||||2023|2022|
||Net
income/expenditure
for||the|year|(as||per|Statement|of|Financial|||
||Activities)||||||||||(176,186)|426,025|
||Adjustments
for:||||||||||||
||(Gains)/losses
on investments||||||||||17,528|5,726|
||Dividends,
interests|and rents|from investments||||||||(5,629)|(4,135)|
||Decrease/(increase)|in debtors|||||||||(747)|2,488|
||Decrease
in creditors||||||||||(1,500)|(1,246)|
||Net cash provided|by/(used|in) operating|||activities|||||(166,534)|428,858|
|14.|Analysis ofcash and cash equivalents||||||||||||
||||||||||||2023|2022|
||Cash in hand||||||||||627,297|791,074|
||Total cash and cash equivalents||||||||||627,297|791,074|
##
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|||||||At 1 April||At 31 March|
|---|---|---|---|---|---|---|---|---|
|||||||2022|Cash flows|2023|
|Cash|at|bank|and|in|hand|791,074|(163,777)|627,297|
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