| Patron | The Hon. Sir Joseph Bossano KCMG | The Hon. Sir Joseph Bossano KCMG | The Hon. Sir Joseph Bossano KCMG | The Hon. Sir Joseph Bossano KCMG | MP | |||
|---|---|---|---|---|---|---|---|---|
| Trustees | The Lord Hoyle of Warrington | |||||||
| Mr Albert A Poggio OBE | GMH | (Chairman) | ||||||
| Mr Edward LYome QPM |
CPM | (Vice-Chairman) | ||||||
| Commodore lan McGhie |
MA FCMI RN | (Rtd) | ||||||
| Mr James John Neish KC | ||||||||
| Mr George RDesoisa | ||||||||
| Mrs Deborah AJ Huxley | ||||||||
| Mr Jose Julio Pisharello | FCCA GMD | (Financial | Director) | |||||
| Mr Charles Marfe GA | (Deceased | 04 April 2022) | ||||||
| Mr James Andrew Noguera |
LLB LLM | |||||||
| Chairman | Mr Albert A Poggio OBE | GMH | ||||||
| Charity | number | 1161889 | ||||||
| Company | number | 9122440 | ||||||
| Registered | office | 19- 23 Norfolk Square | ||||||
| London | ||||||||
| W2 1RU | ||||||||
| Auditor | Cooper Young & Partners | Ltd | ||||||
| Hunter House | ||||||||
| 109Snakes Lane West | ||||||||
| Woodford Green |
||||||||
| Essex | ||||||||
| IG8 ODY | ||||||||
| Bankers | NatWest Bank Pic | |||||||
| Gibraltar Savings Bank | ||||||||
| Gibraltar International Bank |
Ltd |
| Page | ||
|---|---|---|
| Chairman's statement |
||
| Trustees' report |
2-5 | |
| Independent auditor's |
report | 6-8 |
| Statement of financial |
activities | |
| Balance sheet | ||
| Notes to the financial | statements | 11 - 19 |
| Unrestricted | Restricted | Total | Total | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | funds | funds | |||
| 2023 | 2023 | 2023 | 2022 | 2022 | 2022 | |||
| Notes | 6 | 6 | 8 | 6 | 6 | |||
| Donations and grants Charitable activities |
27,292 572,165 |
27,292 572,165 |
110,572 537,135 |
110,572 537,135 |
||||
| Investments | 17,256 | 17,256 | 32,872 | 32,872 | ||||
| Other income | 21,357 | 21,357 | 500 | 500 | ||||
| Total income | 638,070 | 638,070 | 681,079 | 681,079 | ||||
| EKQgmflIIICQJ8I; Charitable activities |
557,328 | 557,328 | 599,557 | 599,557 | ||||
| Net income for the year/ | ||||||||
| Net movement | in funds | 80,742 | 80,742 | 81,522 | 81,522 | |||
| Fund balances April 2022 |
at 1 | 6,949,852 | 200,000 | 7,149,852 | 6,868,330 | 200,000 | 7,068,330 | |
| Current year | ||||||||
| revaluation | ||||||||
| Fund balances Idarch 2023 |
at 31 | 7,030,594 | 200,000 | 7,230,594 | 6,949,852 | 200,000 | 7,149,852 |
| 2023f | 2022 8 |
|||
|---|---|---|---|---|
| Employment and staff |
costs | 269,671 | 268,083 | |
| Depreciation | 60,882 | 57,055 | ||
| Rates | 13,502 | 29,268 | ||
| Insurance | 23,581 | 17,365 | ||
| Electricity, gas and water | 50,983 | 34,990 | ||
| Repairs, maintenance | and facilities management | 49,456 | 26,638 | |
| Postage, stationery | and minor office equipment | 8,216 | 8,199 | |
| Telephone and internet |
7,175 | 6,146 | ||
| Travelling expenses |
2,897 | 1,113 | ||
| Legal and professional | 10,446 | 12,900 | ||
| Auditors' remuneration |
10,857 | 10,146 | ||
| Accountancy fees |
3,456 | 3,200 | ||
| Payroll administration |
fees | 822 | 721 | |
| Cleaning | 19,563 | 9,997 | ||
| Bank charges | 939 | 686 | ||
| Subscriptions | 629 | 737 | ||
| Sundry expenses | 11,193 | 17,447 | ||
| Security expenses | 6,065 | 8,636 | ||
| Computer and ITsupport |
6,051 | 3,609 | ||
| Covid related costs | (see note 3) | 82,621 | ||
| 557,328 | 599,557 | |||
| Unrestricted funds |
557,328 | 599,557 |
| The average |
monthly number of employees during the y |
ear was: | |
|---|---|---|---|
| 2023 | 2022 | ||
| Number | Number | ||
| 10 | 10 | ||
| Employment | costs | 2023 | 2022 |
| 6 | |||
| Wages, salaries and staff costs | 246,932 | 243,562 | |
| Social security | costs | 18,355 | 19,132 |
| Staff training | 108 | 500 | |
| Pension costs | 4,276 | 4,889 | |
| 269,671 | 268,083 |
| Land and | Fumaure, | ITand other | Total | |||
|---|---|---|---|---|---|---|
| buildings | fixtures, | equipment | Restated | |||
| fittings a | ||||||
| equipment | ||||||
| 6 | ||||||
| Cost IValuation | ||||||
| At 1 April 2022 | 17,500,000 | 353,395 | 26,973 | 17,880,368 | ||
| Additions | 12,453 | 13,063 | 25,516 | |||
| At 31 March | 2023 | 17,500,000 | 365,848 | 40,036 | 17,905,884 | |
| Depreciation | and impairment | |||||
| At 1 April 2022 | 184,983 | 15,004 | 199,987 | |||
| Depreciation | charged | in the year | 54,877 | 6,005 | 60,882 | |
| At 31 March | 2023 | 239,860 | 21,009 | 260,869 | ||
| Carrying amount |
||||||
| At 31 March | 2023 | 17,500,000 | 125,988 | 19,027 | 17,645,015 | |
| At 31 March | 2022 | 17,500,000 | 168,412 | 'l1,969 | 17,680,381 |
| 11 | Debtors | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Amounts falling due |
within one year: | 6 | 8 | |
| Due from Gibraltar Health Authority Other debtors |
48,860 21,357 |
24,685 170 |
||
| Prepayments and accrued income |
24,677 | 8,542 | ||
| 33,397 | ||||
| 12 | Investments | |||
| 2023 | 2022 | |||
| 5 | 5 | |||
| Gibraltar Savings Bank (1-month notice debenture) Gibraltar Savings Bank (short term deposit) Gibraltar International Bank (1-year fixed term deposit) Gibraltar International Bank (short term deposit) |
100,000 . 35,549 700,000 7,272 |
100,000 33,517 505,150 |
||
| 842,821 | 638,667 | |||
| 13 | Creditors: amounts | falling due within one year | 2023 | 2022 |
| 8 | 8 | |||
| Trade creditors | 11,950 | |||
| Other taxation and social security | 6,862 | |||
| Due to Friends ofCalpe House | 121 | 1,216 | ||
| Accruals and deferred | income | 19,554 | 20,331 | |
| 39,765 |