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|---|---|---|---|
|Trustees'|report||1-6|
|Statement|oftrustees'|responsibilities||
|Independent<br>auditor's||report|8-10|
|Statement|offinancial|activities||
|Balance sheet|||12|
|Statement|ofcash flows||13|
|Notes to|the financial|statements|14-18|





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||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2023|2022|
|||||Notes|||
|Income from:|||||||
|Donations<br>and|legacies||||4,651,633|4,288,188|
|Investments||||||1,032,947|
|Total income|||||4,651,633|5,321,135|
|Charitable<br>activities|||||5,712,035|4,053,966|
|Net income/(expenditure)||and movement|in funds||(1,060,402)|1,267,169|
|Reconciliation|offunds:||||||
|Fund balances|at 1 April|2022|||2,338,722|1,071,553|
|Fund balances|at 31 March 2023||||1,278,320|2,338,722|





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|||||||2023|||2022||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Notes||f|||f||
|Current assets|||||||||||
|Debtors|||||1,288,188||||2,321,136||
|Cash at bank and|in|hand||||651|||28,105||
||||||1,288,839||||2,349,241||
|Creditors: amounts||falling due within||10|||||||
|one year|||||10,519||||10,519||
|Net current assets|||||||1,278,320|||2,338,722|
|The funds ofthe|charity||||||||||
|Unrestricted<br>funds|||||||1,278,320|||2,338,722|
||||||||1,278,320|||2,338,722|
|The financial statements|||were approved|by the trustees|on .........................<br>29-01-2024<br>i 4:45|||PM|CET||
|DocuSiqned<br>by:|||||DocuSigned|by:|||||
|FA890078908i409 .."|||||F~h<br>APNlg,<br>eOASD880&AS34AA:. ."||||||
|Mrs Kirsty Bendahan||||Ms Andrea||Morrall|||||
|Trustee||||Trustee|||||||





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||||2023|||2022||
|---|---|---|---|---|---|---|---|
|||Notes||||||
|Cash flows from operating|activities|||||||
|Cash absorbed<br>by operations||13||(27,454)|||(1,032,989)|
|Investing<br>activities||||||||
|Share of profit of Eleva Capital LLP|||||1,032,947|||
|Net cash (used in)/generated<br>from||||||||
|investing<br>activities|||||||1,032,947|
|Net cash used in financing|activities|||||||
|Net decrease<br>in cash and|cash equivalents|||(27,454)|||(42)|
|Cash and cash equivalents|at beginning|ofyear||28,105|||28,147|
|Cash and cash equivalents|at end of|year||651|||28,105|





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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||Share of|profit of||Eleva Capital LLP||||1,032,947|
|4|Expenditure||on charitable||activities||||
||||||||Bank|Bank|
||||||||charges|charges|
||||||||2023|2022f|
||Direct costs||||||||
||Charitable|donations|||||5,711,948|4,053,924|
||Share of|support||and governance||costs (see note 5)|||
||Support||||||87|42|
||||||||5,712,035|4,053,966|
||Analysis|by|fund||||||
||Unrestricted||funds||||5,712,035|4,053,966|
|5|Support|costs allocated to|||activities||||
||||||||2023|2022|
||||||||87|42|
||Analysed|between:|||||||
||Bank charges||||||87|42|



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|9|Debtors|||||
|---|---|---|---|---|---|
|||||2023|2022|
||Amounts|falling due|within one year:||f|
||Other debtors|||1,288,188|2,321,136|
|10|Creditors:|amounts|falling due within one year|||
|||||2023|2022|
||Other creditors|||10,519|10,519|



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|||At 1 April|Incoming|Resources|At 31 March|
|---|---|---|---|---|---|
|||2022|resources|expended|2023|
|General|funds|2,338,722|4,651,633|(5,712,035)|1,278,320|
|Previous|year:|At 1 April|Incoming|Resources|At 31 March|
|||2021|resources|expended|2022|
|General|funds|1,071,553|5,321,135|(4,053,966)|2,338,722|



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|13|Cash generated<br>from|operations|operations||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||(Deficit)/surpus<br>for the|year|||||(1,060,402)|1,267,169|
||Adjustments<br>for:||||||||
||Investment<br>income recognised||in statement||offinancial|activities||(1,032,947)|
||Movements<br>in working|capital:|||||||
||Decrease/(increase)<br>in|debtors|||||1,032,948|(1,267,211)|
||Cash absorbed<br>by operations||||||(27,454)|(1,032,989)|
|14|Analysis<br>ofchanges|in net funds|||||||
||The charity had no material<br>debt during|||the|year.||||