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||||Page|
|---|---|---|---|
|Reference and Administrative||Details ofthe Charity, its Trustees and Advisers||
|Trustees'
Report|||2-5|
|Trustees' Responsibilities
Statement||||
|Independent
Auditors'|Report|on the Financial Statements|7-10|
|Statement of Financial|Activities|||
|Balance Sheet|||12|
|Statement ofCash Flows|||13|
|Notes to the Financial|Statements||14-26|
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|Company|registered|registered||||||
|---|---|---|---|---|---|---|---|
|number|||09064489|||||
|Charity registered||||||||
|numbers|||1157980and SC038249|||||
|Registered||office|Community||House|||
||||Room F35|||||
||||South Street|||||
||||Bromley|||||
||||BR1 1RH|||||
|Grants|||L Hungerford|||||
|AdministratorlCharity||||||||
|Coordinator||||||||
|Independent||auditors|James Cowper|||Kreston Audit||
||||2 Communications||||Road|
||||Greenham|Business Park||||
||||Greenham|||||
||||Newbury|||||
||||Berkshire|||||
||||RG196AB|||||
|Bankers|||Messrs Coutts|||&Co.||
||||440 Strand|||||
||||London|||||
||||WC2R OQS|||||
|Solicitors|||Messrs Farrer|||&Co.||
||||66 Lincoln's||Inn Fields|||
||||London|||||
||||WC2A 3LH|||||
|Investment||Advisors|Brewin Dolphin|||Limited||
||||12Smithfield||Street|||
||||London|||||
||||EC1A 9BD|||||
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||||||FOR THE YEAR|ENDED 31 D|ECEMBER 2022|||
|---|---|---|---|---|---|---|---|---|---|
||||||Endowment|Restricted|Unrestricted|Total|Total|
||||||funds|funds|funds|funds|funds|
||||||2022|2022|2022|2022|2021|
|||||Note|6|6|6|8||
|Income and||||||||||
|endowments||from:||||||||
|Donations
and||legacies||3|250,000||3,850|253,850|30,251|
|Investments||||4|||378,216|378,216|333,728|
|Total income||and||||||||
|endowments|||||250,000||382,066|632,066|363,979|
|Expenditure|on:|||||||||
|Raising funds||||5|||51,744|51,744|48,248|
|Charitable
activities||||6||20,342|350,823|371,165|383,758|
|Total expenditure||||||20,342|402,567|422,909|432,006|
|Net||||||||||
|income/(expenditure)||||||||||
|before net||||||||||
|(losses)/gains||on||||||||
|investments|||||250,000|(20,342)|(20,501)|209,157|(68,027)|
|Net (losses)/gains|||on|||||||
|investments|||||||(1,491,196)|(1,491,196)|1,463,719|
|Net||||||||||
|income/(expenditure)|||||250,000|(20,342)|(1,511,697)|(1,282,039)|1,395,692|
|Transfers between||||||||||
|funds||||14|(20,342)|20,342||||
|Net movement||in||||||||
|funds|||||229,658||(1,511,697)|(1,282,039)|1,395,692|
|Reconciliation||of||||||||
|funds:||||||||||
|Total funds brought||||||||||
|forward|||||||13,366,115|13,366,115|11,970,423|
|Net movement||in funds|||229,658||(1,511,697)|(1,282,039)|1,395,692|
|Total funds carried||||||||||
|forward|||||229,658||11,854,418|12,084,076|13,366,115|
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||FOR THE Y|EAR ENDED 31 DECEMB|ER 2022|||
|---|---|---|---|---|---|
||||Note|2022
6|2021f|
|Cash flows from operating|activities|||||
|Net cash used in operating|activities||17|(163,575)|(404,526)|
|Cash flows from investing|activities|||||
|Investment
additions||||(894,791)|(2,182,652)|
|Investment
disposals||||740,788|2,249,687|
|Investment
income||||378,216|333,728|
|Net cash provided
by investing
activities||||224,213|400,763|
|Net cash inflow/(outflow)|brought
forward|||60,638|(3,763)|
|Change
in cash and cash|equivalents
in the year|||60,638|(3,763)|
|Cash and cash equivalents|at the beginning|ofthe year||577,419|581,182|
|Cash and cash equivalents|at the end ofthe year||18|638,057|577,419|
|The notes on pages 14to 25 form part ofthese financial statements||||||
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||Endowment|Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
||funds|funds|funds|funds|funds|
||2022f|2022
6|2022|2022
F|2021
E|
|Donations|250,000||150|250,150|30,251|
|Legacies|||3,700|3,700||
||250,000||3,850|253,850|30,251|
|Total 2021||25,000|5,251|30,251||
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022|2022|2021|
|||||6|F|6|
|Equities and||fixed interest|secudities|377,931|377,931|333,710|
|Bank deposit interest||||285|285|18|
|||||378,216|378,218|333,728|
|Total 2021||||333,728|333,728||
|Investment||management|costs||||
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2022|2022|2021|
|||||E|6|6|
|Investment|management||fees|51,744|51,744|48,248|
|Total2021||||48,248|48,248||
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||Restricted|Unrestricted|||
|---|---|---|---|---|
||funds|funds|Total|Total|
||2022|2022|2022|2021|
||E|6|6|E|
|Aid in Sickness|20,342|350,823|371,165|383,758|
|Total 2021|25,000|358,758|383,758||
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||Grant||||
|---|---|---|---|---|
||funding of|Support|Total|Total|
||activities|costs|funds|funds|
||2022|2022|2022|2021|
||6|E|F|E|
|Aid in Sickness|301,638|69,527|371,165|383,758|
|Total2021|327,145|56,613|383,758||
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||||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||funds|funds|
||||||||||2022f|2021f|
||Staff costs||||||||40,012|29,763|
||Bank charges||||||||533|637|
||Bookkeeping||||||||6,539|6,203|
||Rent||||||||6,484|5,950|
||Postage,
printing||and stationery||||||757|550|
||Computer expenses||||||||2,343|2,013|
||Governance|costs|||||||11,136|9,960|
||Telephone||||||||731|605|
||Sundry expenses||||||||141|123|
||Insurance||||||||851|809|
||||||||||69,527|56,613|
|8.|Auditors'
remuneration||||||||||
||||||||||2022f|2021f|
||Fees payable to||the Charity's||auditor||for the audit ofthe Charity's|annual|||
||accounts||||||||6,750|6,620|
||Fees payable to||the Charity's||auditor||in respect of:||||
||Ag non-audit|services not included||||above|||1,850|1,680|
|9.|Staff costs||||||||||
||||||||||2022
F|2021f|
||Wages and|salaries|||||||39,486|26,970|
||Social security costs|||||||||2,793|
||Contribution|to defined||contribution||pension schemes|||526||
||||||||||40,012|29,763|
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|||||Unlisted||
|---|---|---|---|---|---|
||||Listed|investments||
||||investments|(cash)|Total|
||||6|5|E|
||Cost or valuation|||||
||At 1 January 2022||12,819,784|399,547|13,2'I 9,331|
||Additions||894,791||894,791|
||Disposals||(740,788)||(740,788)|
||Revaluations||(1,491,196)||(1,491,196)|
||Movement
in cash reserves|||44,253|44,253|
||At 31December 2022||11,482,591|443,800|11,926,391|
||Net book value|||||
||At 31 December 2022||'l1,482,591|443,800|11,926,391|
||At 31 December 2021||12,819,784|399,547|13,219,331|
|12.|Debtors|||||
|||||2022f|2021
E|
||Due after more than|one year||||
||Prepayments
and accrued income||||12,715|
||Due within one year|||||
||Other debtors|||727|656|
||Prepayments|||967|851|
|||||1,694|14,222|
|13.|Creditors: Amounts|falling due within one year||||
|||||2022|2021|
|||||5|6|
||Bank overdrafts||||10,715|
||Other creditors|||123||
||Accruals|||38,143|45,310|
|||||38,266|56,025|
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||||||||||Balance at|
|---|---|---|---|---|---|---|---|---|---|
||||||Balance at||||31|
||||||1 January|||Gains/|December|
||||||2021
F|Income
f|Expenditure|(Losses)
5|2021
5|
|Unrestricted||funds||||||||
|General Funds - all|||funds||11,970,423|338,979|(407,225)|1,463,938|13,366,115|
|Restricted|funds|||||||||
|The Edward||Gostling
Fund||||25,000|(25,000)|||
|Total offunds|||||11,970,423|363,979|(432,225)|1,463,938|13,366,115|
|Summary|offunds|||||||||
|Summary|offunds||- current year|||||||
||||||||||Balance at|
|||Balance||at 1|||||31|
||||January||||Transfers|Gains/|December|
|||||2022
F|Income
f|Expenditure
6|in/out
5|(Losses)
6|2022f|
|General funds|||13,366,115||382,066|(402,567)||(1,491,196)|11,854,418|
|Endowment||||||||||
|funds|||||250,000||(20,342)||229,658|
|Restricted|funds|||||(20,342)|20,342|||
||||13,366,115||632,066|(422,909)||(1,491,196)|12,084,076|
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|Summary
offunds - prior year||||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||Balance at||||||31|
||1 January|||||Gains/|December|
|||2021
F|Income
f|Expenditure|f|(Losses)
6|2021
5|
|General funds|11,970,423||338,979|(407,225)||1,463,938|13,366,115|
|Restricted funds|||25,000|(25,000)||||
||11,970,423||363,979|(432,225)||1,463,938|13,366,115|
|Analysis of net assets between|funds|||||||
|Analysis ofnet assets between|funds|- current year||||||
|||||Endowment||Unrestricted|Total|
|||||funds||funds|funds|
|||||2022||2022|2022|
||||||6|6|6|
|Fixed asset investments||||229,658||11,696,733|11,926,391|
|Current assets||||||195,951|195,951|
|Creditors due within one year||||||(38,266)|(38,266)|
|Total||||229,658||11,854,418|12,084,076|
|Analysis of net assets between|funds|- prior year||||||
|||||||Unrestricted|Total|
|||||||funds|funds|
|||||||2021|2021|
|||||||5|8|
|Fixed asset investments||||||13,219,331|13,219,331|
|Debtors due after more than one|year|||||12,715|12,715|
|Current assets||||||190,094|190,094|
|Creditors due within one year||||||(56,025)|(56,025)|
|Total||||||13,366,115|13,366,115|
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|17.|Reconcili|ation
of net|mo|vem|ent|in fun|ds t|o net|cash flow|from|operating|activities||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2022|2021|
|||||||||||||E|5|
||Net
income/expenditure|||for|the|year|(as|per|Statement|of|Financial|||
||Activities)|||||||||||(1,282,039)|1,395,692|
||Adjustments
for:|||||||||||||
||Investment|income||||||||||(378,216)|(333,728)|
||Gains/loss|on investments||||||||||1,491,196|(1,463,719)|
||Decrease|in debtors||||||||||12,528|1,765|
||Decrease|in creditors||||||||||(7,044)|(4,536)|
||Net cash|used in operating|||activities|||||||(163,575)|(404,526)|
|18.|Analysis|ofcash and|cash equivalents|||||||||||
|||||||||||||2022
f|2021
E|
||Cash in hand|||||||||||194,257|188,587|
||Current
investments|||||||||||443,800|399,547|
||Overdraft|facility repayable||on|demand||||||||(10,715)|
||Total cash and cash||equivalents|||||||||638,057|577,419|
|19.|Analysis|ofchanges|in net debt|||||||||||
||||||||||||At 1||At 31|
||||||||||||January||December|
||||||||||||2022|Cash flows|2022|
||||||||||||F|||
||Cash at bank and in hand||||||||||188,587|5,670|194,257|
||Bank overdraRs
repayable|||on|demand||||||(10,715)|10,715||
||||||||||||177,872|16,385|194,257|
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