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2025-04-05-accounts
|
Page |
| Report of the Trustees |
1 to 2 |
| Independent Examiner's Report |
3 |
| Statement of Financial Activities |
4 |
| Balance Sheet |
5 |
| Notes to the Financial Statements |
6 to 9 |
| Detailed Statement of Financial Activities |
10 |
|
|
2025 |
2024 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Investment income |
2 |
39,462 |
33,633 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
3 |
20,119 |
19,140 |
| Charitable activities |
|
|
|
| Charitable donations |
|
32,713 |
28,420 |
Total |
|
52,832 |
47,560 |
| Net gains/(losses) on investments |
|
(14,445) |
69,124 |
| NET INCOME/{EXPENDiTURE} |
|
(27.815) |
55,197 |
| RECONCILIATION OF FUNDS |
|
|
|
| Total funds brought forward |
|
1,360,121 |
1,304,924 |
TOTAL FUNDS CARRIED FORWARD |
|
1,332,306 |
1,360.121 |
|
|
2025 |
2024 |
|
|
Unrestricted |
Total |
|
|
fund |
funds |
|
Notes |
£ |
£ |
| FIXED ASSETS |
|
|
|
| Investments |
6 |
1.316.356 |
1.347.469 |
| CURRENT ASSETS |
|
|
|
| Debtors |
7 |
15.120 |
741 |
| Cash at bank |
|
7.329 |
17,830 |
|
|
22,449 |
18,571 |
| CREDITORS |
|
|
|
| Amounts falling due within one year |
8 |
(6.499) |
(5.919) |
| NET CURRENT ASSETS |
|
15,950 |
12,652 |
| TOTAL ASSETS LESS CURRENT |
LIABILITIES |
1,332.306 |
1,360.121 |
| NET ASSETS |
|
1.332.306 |
1,360.121 |
| FUNDS |
9 |
|
|
| Unrestricted funds |
|
1,332.306 |
1,360,121 |
| TOTAL FUNDS |
|
1,332,306 |
1,360.121 |
| INVESTMENT INCOME |
|
|
|
2025 |
2024 |
|
£ |
£ |
| Investment income |
39,462 |
33,633 |
| RAISING FUNDS |
|
|
| Investment management costs |
|
|
|
2025 |
2024 |
|
£ |
£ |
| Portfolio management |
20,119 |
19,140 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
Unrestricted |
|
fund |
|
£ |
| INCOME AND ENDOWMENTS FROM |
|
| Investment income |
33,633 |
| EXPENDITURE ON |
|
| Raising funds |
19,140 |
| Charitable activities |
|
| Charitable donations |
28,420 |
Total |
47,560 |
| Net gains on investments |
69,124 |
| NET INCOME |
55,197 |
| RECONCILIATION OF FUNDS |
|
| Total funds brought forward |
1,304,924 |
TOTAL FUNDS CARRIED FORWARD |
1,360,121 |
| FIXED ASSET INVESTMENTS |
|
|
Listed |
|
investments |
|
£ |
| MARKET VALUE |
|
| At 6 April 2024 |
1,347,469 |
| Additions |
316,912 |
| Disposals |
(355,567) |
| Revaluations |
7,542 |
| At 5 April 2025 |
1,316,356 |
| NET BOOK VALUE |
|
| At5 April 2025 |
1,316,356 |
| At5April 2024 |
1,347,469 |
| Cost or valuation at 5 April 2025is represented by: |
|
|
Listed |
|
investments |
|
£ |
| Valuation in 2023 |
53,714 |
| Valuation in 2024 |
98,111 |
| Valuation in 2025 |
7,542 |
| Cost |
1,156,989 |
|
1,316,356 |
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
2025 |
2024 |
|
£ |
£ |
| Nelsons client account |
15,120 |
741 |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
2025 |
2024 |
|
£ |
£ |
| Other creditors |
6,499 |
5,919 |
| MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 6.4.24 |
in funds |
5.4.25 |
|
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
|
1,360,121 |
(27,815) |
1,332,306 |
| TOTAL FUNDS |
|
1,360,121 |
(27.815) |
1,332,306 |
| Net movement in funds, included in the above are as follows: |
|
|
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
39,462 |
(52,832) |
(14,445) |
(27,815) |
| TOTAL FUNDS |
39,462 |
(52,832) |
(14,445) |
(27,815) |
| Comparatives for movement in funds |
|
|
|
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 6.4.23 |
in funds |
5.4.24 |
|
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
|
1,304,924 |
55,197 |
1,360,121 |
| TOTAL FUNDS |
|
1,304,924 |
55,197 |
1,360,121 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
33,633 |
(47,560) |
69,124 |
55,197 |
| TOTAL FUNDS |
33,633 |
(47,560) |
69,124 |
55,197 |
|
2025 |
2024 |
|
£ |
£ |
| INCOME AND ENDOWMENTS |
|
|
| Investment income |
|
|
| Investment Income |
39,462 |
33,633 |
| Total incoming resources |
39,462 |
33,633 |
| EXPENDITURE |
|
|
| Investment management costs |
|
|
| Portfolio management |
20,119 |
19,140 |
| Charitable activities |
|
|
| Grants to institutions |
22,800 |
19,000 |
| Support costs |
|
|
| Management |
|
|
| Management charges |
8,400 |
8,400 |
| Finance |
|
|
| Bank charges |
13 |
|
| Governance costs |
|
|
| Accountancy and legal fees |
1,500 |
1,020 |
| Total resources expended |
52,832 |
47,560 |
| Net expenditure before gains and losses |
(13,370) |
(13,927) |
| Realised recognised gains and losses |
|
|
| Realised gains/losses on investments |
(21,987) |
(28,987) |
| Net expenditure |
(35,357) |
(42,914) |