| Table ofContents | Page | |
|---|---|---|
| Legal and Administrative | Information | |
| Report ofthe Trustees | 4 —9 | |
| Independent Examiner's |
Report | 10-11 |
| Income and Expenditure | Account | 12 |
| Balance Sheet | 13 | |
| Notes to the Accounts | 14 —15 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| Fund | Fund | |||
| Notes | 2023 | 2022 | ||
| Income | ||||
| Donations | 125,000 | 125,000 | ||
| Investment Income |
2,995 | 3,657 | ||
| Interest | 105 | |||
| Total Income | 128,100 | 128,657 | ||
| Expenditure | ||||
| Direct Charitable | Expenditure | 93,324 | 80,367 | |
| Support Expenditure | 739 | 2,484 | ||
| Total Expenditure | 94,063 | 82,851 | ||
| Net Income (before net investment | 34,037 | 45,806 | ||
| gains / (losses) | ||||
| Net investment | gains / {losses) | 1,210 | 2,892 | |
| Funds at Start | ofYear | 510,411 | 461,713 | |
| Funds at End ofYear | 545,658 | 510,411 |
| 2023 | 2022 | |
|---|---|---|
| K | ||
| Fixed Assets | ||
| Investments | ||
| Cambridge 8cCounties Bank Fixed Term Bond |
144,771 | 92,730 |
| Current Assets | ||
| Investments | ||
| Shawbrook Bank Fixed Term Bond | 79,410 | 79,055 |
| CAF Managed Portfolio Hampshire Trust Bank |
82,118 86,171 |
80,908 85,572 |
| 247,699 | 245,535 | |
| Cash at bank | 132,283 | 172,146 |
| Debtors | 25,000 | |
| Total Current Assets | 404,982 | 417,681 |
| Current Liabilities | ||
| Creditors - accruals | 4,095 | |
| Net Current Assets | 400,887 | 417,681 |
| Total Net Assets | 545,658 | 510,411 |
| Funds | ||
| Unrestricted Funds |
545,658 | 510,411 |
| Total Funds | 545,658 | 510,411 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| 4. Direct Charitable | Expenditure | |||
| Student Bursaries | 85,329 | 76,667 | ||
| Grants | 7,595 | 3,500 | ||
| Other Student Awards | 400 | 200 | ||
| Total Direct Charitable | Expenditure | 93+24 | 80,367 | |
| 5. Support Expenditure | ||||
| Bank Charges | 75 | 96 | ||
| ITCosts | 664 | 2,388 | ||
| Total Support Expenditure | 739 | 2,484 | ||
| 6. Transactions with |
Trustees |
| 6. Transactions with Trustees |
||
|---|---|---|
| No remuneration or expenses were paid to trustees |
during the years ended 28February 2022 | |
| and 28February 2023. | ||
| 7. Current Asset Investment | ||
| Value at beginning ofyear | 80,908 | 78,016 |
| Additions to investments | ||
| Net gain / (loss) on revaluation | 1,210 | 2,892 |
| Value at end ofyear | 82,118 | 80,90& |