2023-04-05-accounts - The Edith Mary Clark Foundation

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

			Expendable
			Endowment	Unrestricted	2023	2022
			Fullrl	Fund	Total	Total
Incoming Resources		Note
Current period:
Sale of OpUon on land
Investment Income				43,938	43,938	52,389
Bank interest (gross)				362	362
Net Rental Income				430	430	430
Profit / (Loss) on sale of Investments			34,916		34,916	12,279
Sale of Option on Land			15,000		15,000
Co-operative Bank Switch
Incentive
Total incoming resources
Charitable expenditure
Legal charges -General			2,320	6,960	9,340	8.720
Accountancy charges -General			1,290	3,870	5,160	4,620
Independent Examiners fees				780	780	750
Grant Adverts				120	120	105
Bank charges
Investment management	charges		6,700		6,700	7,085
Charitable donations				34 170		32300
Total resources expended				CAR
Net Incoming resources			39,606	(1,170)	83,129	11,518
Other recognised gains	and losses
Reagsed/unreaUsed gains/(losses)		on
investment assets			122712		~122712	20 726
Fund balances brought	forward		(83,106)	(1,170) 23091	(39,583) ~	32,244 1 6806322
Fund balances carried forward			~160/k178

2022 COMPARATIVE SP	LIT
			Expendable
			Endowment	Unrestricted	2022
			Fund	Fund	Total
Incoming Resources
Current period:
Sale of Option on land
Investment income				52,389	52,389
Bank Interest (gross)
Net Rental Income				430	430
Proflt / (Loss) on sale of Investments			12,279		12,279
Donation cheques not cashed
Co-operative Bank Switch
Incentive
Total incoming resources
Charitable expenditure
Legal charges —General			2,180	6,540	8,720
Accountancy charges - General			1,155	3,465	4,620
Independent Examiners fees				750	750
Grant Adverts				105	105
Bank charges
Investment management	charges		7,085		7,085
Charitable doneflons				~32300	32300
Total resources expended
Net Incoming resources			1,859	9,659	11,518
Other recognised gains	and losses
Realised/unreaflsed gains/(losses)		on
Investment assets			20 726		20.726
			22,585	9,659	32,244
Fund balances brought	forward		1 666669	13433
Fund balances carried	forward

				Expendable
				Endowment	Unrestricted	2023	2022
				Fund	Fund	Total	Total
			Note	f	6	6	6
Fixed assets
Investments Land at Wrea Green Current assets				1,403,112 1229j~		1,403,112 ~200	1,560,077 320 000 ~7
Cash at Llnder	Myers						280
Cash at Bank					17,344	17,344	21.592
Cash at Investment		Manager		88,839	1,891	90,730	13,053
PWilson 8 Co
Income tax repayable					333	333	333
Rent receivable							430
Creditors
Loan between	Funds
Amounts falling	due	within one year	5	7BIB			3390
				~780	f22840	~342	~3390
Net current assets/(liabilities)
Net assets							712
Funds

Grants paid to registered	charities	charities	charities	2023
St Nicholas Church Ribby	with		Wrea	1.500
Bolton Lads & Girls Clun				1,000
Church Army				500
Dogs for Good				1,000
Freckleton Village Singers				600
Friends of Lythsm Railway Station				1,000
Friends of Newton Community			Park	1,000
Happy Days				900
Klrkham Methodist Church				1,000
PDSA				1,000
Revltallse				700
StJohn Vianney Catholic	Primary			2,000
The 3H Foundation				1,000
Wres Green Tennis Club				1,000
World Horse Welfare				1,000
Christ Church Wesham Clubdey				500
Freckleton Village Singers				600
The Fylde Food Community		Hub		1,000
Friends of Klrkhsm Library				600
2~ Kirkhsm St Mlchaels Scout Group				1,500
Lund Womens Institute				300
Lytham Herllage Group				500
The Perk Prs-School				1,000
Preston Opera				500
Ribby with Wrea CE Primary			School	2,500
Rosemere Cancer Foundation				2,000
Smile (Preston)				500
Balance c/fwd				26,700