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2022-03-31-accounts

Page
Trustees'
report
1-6
Statement
oftrustees'
responsibilities
Independent
auditor's
report 8-10
Statement offinancial activities
Balance sheet
Statement ofcash flows 13
Notes to the financial statements 14-17

Unrestricted Unrestricted
funds funds
2022 2021
Notes
Income from:
Donations
and legacies
2 4,288,188
Investments 3 1,032,947 5,053,924
Total income 5,321,135 5,053,924
Expenditure
on
Charitable activities 4,053,966 4,762,144
Net income for the year/
Net movement in funds 1,267,169 291,780
Fund balances at 1 April 2021 1,071,553 779,773
Fund balances at 31 March 2022 2,338,722 1,071,553

2022 2021
Notes
Current assets
Debtors 2,321,136 1,053,925
Cash at bank and in hand 28,105 28,147
2,349,241 1,082,072
Creditors: amounts falling due within
one year (10,519) (10,519)
Net current assets 2,338,722 1,071,553
income funds
Unrestricted
funds
2,338,722 1,071,553
2,338,722 1,071,553
The financi al statements
were approv
ed
by the Trustees on ......
...........
Dccugigned by: Dccugigncd by
rs KiSPy YeRdahan s'@Pet%'O'Nta:rail
Trustee Trustee

2022 2021
Notes f
Cash flows from operating acfjvities
Cash absorbed by operations (1,032,989) (4,212,793)
Investing activities
Share of profit of Eleva Capital LLP 1,032,947 4,000,000
Net cash generated
from investing
activities 1,032,947 4,000,000
Net cash used in financing activities
Net decrease in cash and cash equivalents (42) (212,793)
Cash and cash equivalents at beginning ofyear 28,147 240,940
Cash and cash equivalents at end of year 28,105 28,147

2022 2021
f f
Share of profit of Eleva Capital LLP 1,032,947 5,053,924
4 Expenditure on Charitable activities
Charitable Charitable
Expenditure Expenditure
2022 2021
f f
Charitable donations 4,053,924 4,762,000
Share of support costs (see note 5) 42 144
4,053,966 4,762,144
5 Support costs
Support Governance 2022 Support Governance 2021
costs costs costs costs
f f f f
Bank charges 42
42 42 144
Analysed between
Charitable activities 42 42 144

8 Debtors
2022 2021
Amounts falling due within one year: E E
Other debtors 2,321,136 1,053,925
9 Creditors: amounts falling due within one year
2022 2021
Other creditors 10,519 10,519

11 Cash generated
from
Cash generated
from
operations operations 2022 2021
E
Surplus for the year 1,267,169 291,780
Adjustments
for:
Investment
income
recognised in statement offinancial activities (1,032,947) (5,053,924)
Movements
in working
capital:
(Increase)/decrease in debtors (1,267,211) 549,351
Cash absorbed
by
operations (1,032,989) (4,212,793)
12 Analysis ofchanges in net funds
The charity had no debt during the year.