```
REGISTERED COMPANY NUMBER: 09543610 (England and Wales)
REGISTERED CHARITY NUMBER: 1164364
```
```
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
```
## **`FOR`**
## **`GOOD SHEPHERD FOUNDATION UK`**
```
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023`**
||**`Page`**|**`Page`**|**`Page`**|
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`3`|
|**`Independent Examiner's Report`**||`4`||
|**`Statement of Financial Activities`**||`5`||
|**`Balance Sheet`**||`6`||
|**`Cash Flow Statement`**||`7`||
|**`Notes to the Cash Flow Statement`**||`8`||
|**`Notes to the Financial Statements`**|`9`|`to`|`14`|
|**`Detailed Statement of Financial Activities`**||`15`||
```
GOOD SHEPHERD FOUNDATION UK
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2023`**
```
Thetrustees,whoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct,submit their
annualreportandthefinancialstatementsfortheperiodended30April2022.Thetrusteeshave adopted
theprovisionsoftheStatementofRecommendedPractice(SORP)"AccountingandReporting by
Charities" issued in 2015 in preparing the annual report and financial statements of the charity.
```
```
Thecharityisacharitablecompanylimitedbyguaranteeandwasincorporatedon15April2015.It is
governed by a memorandum and articles of association.
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
TheobjectivesoftheCharityaretoadvanceeducationinIndiaandothercountriesinSouthAsia, and
alsopromotionofhealthcare,relief,advocacyandadvancementoftheChristianfaithinthese countries
by all charitable means as may seem appropriate by the Charity.
```
```
TheCharityissupportingtheworkofpartnersinIndiathroughsustainablelong-termprojects with
partners.
```
```
GSF UK is mindful of updated regulations around charitable work in India.
```
## **`Public benefit`**
```
TheTrusteeshavereferredtotheguidancecontainedintheCharityCommission'sgeneralguidance on
public benefit when reviewing the Charity's aims and objectives and in planning future activities.
```
## **`Fundraising and Grants`**
```
TheTrusteesareresponsibleforfundraisingandincomegenerationforprojects.Thecharitydoes not
consideritnecessarytohirefulltimefundraisingstaff,keepinginmindtherestrictionsontravel and
other prevailing uncertainties relating to the pandemic and related risk to UK staff.
```
```
Grantscontinuetobemadebykeypartnerswhoarefullyengagedinprojectsthatalignbothinterms of
short term and long-term objects of the charity.
```
## **`STRATEGIC REPORT`**
## **`Principal funding sources`**
```
Thefinancialresultsfortheyeararesetoutintheattachedaccounts.Totalincomeraisedforthe year
ended30April2023was£740,922comparedtototalincomeof£539,452duringtheyearended30 April
2022.Therewasadeficitof£551,168fortheyear,comparedwithasurplusof£121,429forthe year
ended30April2022.Thetotalreservesat30April2023were£585,407comparedwith£1,136,575at 30
April2022.Totalexpenditureduringtheyearwas£1,292,090,comparedwithtotalexpenditure of
£418,023 during the year ended 30 April 2022.
```
## **`Investment policy and objectives`**
```
The Charity maintains its surplus cash in a deposit account with the Charity's bankers.
```
## **`Reserves policy`**
```
Thecharityreviewsit'sreservesonanongoingbasisandconsiderstheyearendreserveswhich in
majorityrepresentunrestrictedfundstobeadequatetomeetitsfuturecommitmentsand obligations
relating to funding for projects and aid requirements.
```
## **`Future plans`**
```
TheCharitywillcontinuetoadvancethedevelopmentofeducation,healthcare,providerelief from
povertyandnaturalandotherdisastersaswellascontinuetoadvancetheChristianfaiththrough legally
permitted opportunities in countries that are sensitive to promotion of faith-based activities.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
TheCharityisacompanylimitedbyguarantee,asdefinedbytheCompaniesAct2006.Itisgoverned by
its Memorandum and Articles of Association since its incorporation on 15 April 2015.
```
```
Page 1
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2023`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Recruitment and appointment of new trustees`**
```
RecommendationsfornewTrusteescanbereceivedfromanyexistingTrusteeandwillonlyberatified by
unanimousagreement.Trusteesmeetingsareheldonceortwiceayeartomakedecisionsregarding the
operationoftheCharity,whereTrusteesdiscussandvoteonthesematters,especiallyinrelationto the
donations to be made.
```
## **`Related parties`**
```
Oneofthetrusteesalsoservesasdirectorontwoorganizationssupportedbythecharity. Both
organizationshaveindependentboards,andnoremunerationorbenefitsarepaidtothetrusteefor his
role.Theremainingtrusteesensurethatexpenditureisincurredsolelyoncharitableworkand no
inadvertent conflicts of interest arise.
```
## **`Risk management`**
```
TheTrusteesregularlyreviewthemajorriskstowhichtheCharitymaybeexposed,andputin place
systemstomitigatethoseriskswhereverpossible.Theserisksandsystemswillbemonitoredon an
ongoingbasis,andisconductedaspartoftheannualplanningprocess.Thetrusteeshavereviewed the
risksfacingthecharityandthesearesimilartomanyothercharitiesinasmuchasthecharityis entirely
dependent on funds provided by members of the public and other interested charitable bodies.
```
```
TheTrusteesmitigatethisriskbyensuringthattheydonotundertakeprojectswhichtheydonot have
thefundsinplacetocarryout.Therearealsoreputationalriskswhicharemitigatedthrough ensuring
thatthecharitycompliesinsofarastheTrusteesareablewithallstatutesandlaws,Itis accepted,
howeverthatduetothenatureoftheworkbeingundertakenthereisalwaystheriskofadverse publicity
should people feel challenged by the work the charity does to represent the needs of the vulnerable.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`**
```
09543610 (England and Wales)
```
## **`Registered Charity number`**
```
1164364
```
## **`Registered office`**
```
325 Front Lane
Cranham
Essex
RM14 1LH
```
## **`Trustees`**
```
R D Cook
J G D'Souza
A H Malcolm
```
## **`Independent Examiner`**
```
Lee Blunden FCCA CTA
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
```
## **`Solicitors`**
```
Wrigleys Solicitors LLP
19 Cookridge Street
Leeds
LS2 3AG
```
```
Page 2
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2023`**
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Bankers`**
```
National Westminster Bank Plc
18 Station Road
Upminster
Essex
RM14 2UD
```
```
Reportofthetrustees,incorporatingastrategicreport,approvedbyorderoftheboardoftrustees, as
the company directors, on ............................................. and signed on the board's behalf by:
```
```
.......................................................
```
```
R D Cook - Trustee
```
```
Page 3
```
```
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
```
## **`GOOD SHEPHERD FOUNDATION UK`**
```
Independentexaminer'sreporttothetrusteesofGoodShepherdFoundationUK ('the
Company')
```
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
30 April 2023.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of
the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').In carrying
outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionunder Section
145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalisted body.
IcanconfirmthatIamqualifiedtoundertaketheexaminationbecauseIamamemberofthe**ERROR -
relevant professional body must be completed**, which is one of the listed bodies.
```
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentionin connection
with the examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Lee Blunden FCCA CTA
```
```
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
```
```
Date: .............................................
```
```
Page 4
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023`**
|`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
`Investment income`
`3`
`Other income`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`4`
**`Charitable activities`**
`5`
`Core activities`
**`Total`**
**`NET INCOME/(EXPENDITURE)`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`fund`
`£`
**`740,922`**
**`-`**
**`-`**
**`740,922`**
**`17,142`**
**`1,274,948`**
**`1,292,090`**
**`(551,168)`**
**`1,136,575`**
**`585,407`**|`Restricted`
`fund`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**|**`2023`**
**`Total`**
**`funds`**
**`£`**
**`740,922`**
**`-`**
**`-`**
**`740,922`**
**`17,142`**
**`1,274,948`**
**`1,292,090`**
**`(551,168)`**
**`1,136,575`**
**`585,407`**|`2022`
`Total`
`funds`
`£`
`484,568`
`3`
`54,881`|
|---|---|---|---|---|
|||||`539,452`|
|||||`5,417`
`412,606`|
|||||`418,023`|
|||||`121,429`
`1,015,146`|
|||||`1,136,575`|
```
The notes form part of these financial statements
```
```
Page 5
```
```
GOOD SHEPHERD FOUNDATION UK (REGISTERED NUMBER: 09543610)
```
## **`BALANCE SHEET 30 APRIL 2023`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`11`
**`CURRENT ASSETS`**
`Debtors`
`12`
`Cash at bank`
**`CREDITORS`**
`Amounts falling due within one year`
`13`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`14`
`Unrestricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`fund`
`£`
**`424,421`**
**`970`**
**`162,488`**
**`163,458`**
**`(2,472)`**
**`160,986`**
**`585,407`**
**`585,407`**|`Restricted`
`fund`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**|**`2023`**
**`Total`**
**`funds`**
**`£`**
**`424,421`**
**`970`**
**`162,488`**
**`163,458`**
**`(2,472)`**
**`160,986`**
**`585,407`**
**`585,407`**
**`585,407`**
**`585,407`**|`2022`
`Total`
`funds`
`£`
`388,160`
`463`
`755,670`
`756,133`
`(7,718)`
`748,415`
`1,136,575`
`1,136,575`
`1,136,575`
`1,136,575`|
|---|---|---|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006
for the year ended 30 April 2023.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
```
```
.............................................
```
```
R D Cook - Trustee
```
```
The notes form part of these financial statements
```
```
Page 6
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`CASH FLOW STATEMENT FOR THE YEAR ENDED 30 APRIL 2023`**
|`Notes`
**`Cash flows from operating activities`**
`Cash generated from operations`
`1`
`Net cash (used in)/provided by operating activities`
**`Cash flows from investing activities`**
`Purchase of tangible fixed assets`
`Interest received`
`Net cash (used in)/provided by investing activities`
**`Change in cash and cash`**
**`equivalents in the reporting period`**
**`Cash and cash equivalents at the`**
**`beginning of the reporting period`**
**`Cash and cash equivalents at the`**
**`end of the reporting period`**|**`2023`**
**`£`**
**`(546,825)`**
**`(546,825)`**
**`(46,357)`**
**`-`**
**`(46,357)`**
**`(593,182)`**
**`755,670`**
**`162,488`**|`2022`
`£`
`129,045`|
|---|---|---|
|||`129,045`|
|||`-`
`3`|
|||`3`|
||||
|||`129,048`
`626,622`|
|||`755,670`|
```
The notes form part of these financial statements
```
```
Page 7
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 APRIL 2023`**
## **`1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES`**
|**`Net (expenditure)/income for the reporting period (as per`**
**`the Statement of Financial Activities)`**
**`Adjustments for:`**
`Depreciation charges`
`Interest received`
`Increase in debtors`
`(Decrease)/increase in creditors`
**`Net cash (used in)/provided by operations`**|**`2023`**
**`£`**
**`(551,168)`**
**`10,096`**
**`-`**
**`(507)`**
**`(5,246)`**
**`(546,825)`**|`2022`
`£`
`121,429`
`5,460`
`(3)`
`(159)`
`2,318`
`129,045`|
|---|---|---|
## **`2. ANALYSIS OF CHANGES IN NET FUNDS`**
|**`Net cash`**
`Cash at bank`
**`Total`**|`At 1.5.22`
`£`
**`755,670`**
**`755,670`**
**`755,670`**|`Cash flow`
**`At 30.4.23`**
`£`
**`£`**
**`(593,182)`**
**`162,488`**
**`(593,182)`**
**`162,488`**
**`(593,182)`**
**`162,488`**|
|---|---|---|
```
The notes form part of these financial statements
```
```
Page 8
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accountingand Reporting
byCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheir accounts
inaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland
(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.The financial
statements have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
```
```
Forlegacies,entitlementistakenastheearlierofthedateonwhicheither:thecompanyis aware
thatprobablehasbeengranted,theestatehasbeenfinalisedandnotificationhasbeenmade by
theexecutor(s)totheTrustthatadistributionwillbemade,orwhenadistributionis received
fromanestate.Receiptofalegacy,inwholeorinpart,isonlyconsideredprobablewhen the
amountcanbemeasuredreliablyandtheCompanyhasbeennotifiedoftheexecutor'sintention to
makeadistribution.WherelegacieshavebeennotifiedtotheCompany,ortheCompanyis aware
ofthegrantingofprobate,andthecriteriaforincomerecognitionhavenotbeenmet,then the
legacy is treated as a contingent asset and disclosed if material.
```
```
GrantsreceivablearecreditedtotheStatementofFinancialActivities(SoFA)intheyearin which
theyarereceivable.IncomeisdeferredonlywhentheCharityhastofulfilconditionsto become
entitled to it or where the donor has specified that the income is to be expended in a future period.
```
```
Donatedservicesorfacilitiesarerecognisedwhenthecompanyhascontrolovertheitem, any
conditionsassociatedwiththedonateditemhavebeenmet,thereceiptofeconomicbenefit from
theuseofthecompanyoftheitemisprobableandthateconomicbenefitcanbe measured
reliably.InaccordancewiththeCharitiesSORP(FRS102),thegeneralvolunteertimeof the
FriendsisnotrecognisedandrefertotheTrustees'reportformoreinformationabout their
contribution.
```
```
Onreceipt,donatedprofessionalservicesanddonatedfacilitiesarerecognisedonthebasisof the
valueofthegifttotheCompanywhichistheamounttheCompanywouldhavebeenwillingto pay
toobtainservicesorfacilitiesofequivalenteconomicbenefitontheopenmarket;a corresponding
amount is then recognised in expenditure in the period of receipt.
```
```
IncometaxrecoverableinrelationtodonationsreceivedunderGiftAidordeedsofcovenant is
recognised at the time of the donation.
```
```
Incometaxrecoverableinrelationtoinvestmentincomeisrecognisedatthetimethe investment
income is receivable.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
```
```
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
```
```
continued...
```
```
Page 9
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023`**
## **`1. ACCOUNTING POLICIES - continued`**
## **`Tangible fixed assets`**
```
Freehold property- 2% on cost
Improvements to property- 10% on cost
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`2. DONATIONS AND LEGACIES`**
|`Donations`
`Gift aid`
**`3.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
**`4.`**
**`RAISING FUNDS`**
**`Raising donations and legacies`**
`Consultancy`
`Conference costs`|**`2023`**
**`£`**
**`740,295`**
**`627`**
**`740,922`**
**`2023`**
**`£`**
**`-`**
**`2023`**
**`£`**
**`11,788`**
**`5,354`**
**`17,142`**|`2022`
`£`
`484,393`
`175`|`2022`
`£`
`484,393`
`175`|`2022`
`£`
`484,393`
`175`|
|---|---|---|---|---|
|||`484,568`|||
|||||`2022`
`£`
`3`|
|||||`2022`
`£`
`5,417`
`-`|
|||||`5,417`|
```
continued...
```
```
Page 10
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023`**
## **`5. CHARITABLE ACTIVITIES COSTS`**
|`Grant`
`funding of`
`activities`
`(see note`
`6)`
`£`
`Core activities`
**`1,209,952`**
**`GRANTS PAYABLE`**
`Core activities`
**`SUPPORT COSTS`**
`Finance`
`£`
`Core activities`
**`60,225`**
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`|`Support`
`costs (see`
`note 7)`
`£`
**`64,996`**
**`2023`**
**`£`**
**`1,209,952`**
`Governance`
`costs`
`£`
**`4,771`**
**`2023`**
**`£`**
**`10,096`**||`Totals`
`£`
**`1,274,948`**|`Totals`
`£`
**`1,274,948`**|
|---|---|---|---|---|
||||`2022`
`£`
`389,846`||
|||||`Totals`
`£`
**`64,996`**|
|||||`2022`
`£`
`5,460`|
## **`6. GRANTS PAYABLE`**
## **`7. SUPPORT COSTS`**
## **`8. NET INCOME/(EXPENDITURE)`**
## **`9. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended30April2023nor for
the year ended 30 April 2022.
```
## **`Trustees' expenses`**
```
Therewere£2,446trustees'sexpensespaidfortheyearended30April2023.Therewere none
paid for the year ended 30 April 2022.
```
## **`10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`Investment income`
`Other income`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
**`Charitable activities`**
`Core activities`|`Unrestricted`
`fund`
`£`
`484,568`
`3`
`54,881`
`539,452`
`5,417`
`412,606`|`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`-`
`-`|`Total`
`funds`
`£`
`484,568`
`3`
`54,881`|
|---|---|---|---|
||||`539,452`|
||||`5,417`
`412,606`|
```
continued...
```
```
Page 11
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023`**
|**`10.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
`Unrestricted`
`Restricted`
`fund`
`fund`
`£`
`£`
**`Total`**
`418,023`
`-`
**`NET INCOME`**
`121,429`
`-`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`1,015,146`
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`1,136,575`
`-`
**`11.`**
**`TANGIBLE FIXED ASSETS`**
`Improvements`
`Freehold`
`to`
`property`
`property`
`£`
`£`
**`COST`**
`At 1 May 2022`
**`410,000`**
**`-`**
`Additions`
**`-`**
**`46,357`**
`At 30 April 2023`
**`410,000`**
**`46,357`**
**`DEPRECIATION`**
`At 1 May 2022`
**`21,840`**
**`-`**
`Charge for year`
**`5,460`**
**`4,636`**
`At 30 April 2023`
**`27,300`**
**`4,636`**
**`NET BOOK VALUE`**
`At 30 April 2023`
**`382,700`**
**`41,721`**
`At 30 April 2022`
`388,160`
`-`
`Included in cost or valuation of land and buildings is freehold land of £137,000 (2022 `
`which is not depreciated.`
**`12.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
**`2023`**
**`£`**
`Other debtors`
**`625`**
`Prepayments`
**`345`**
**`970`**||`Total`
`funds`
`£`
`418,023`
`121,429`
`1,015,146`
`1,136,575`
`Totals`
`£`
**`410,000`**
**`46,357`**
**`456,357`**
**`21,840`**
**`10,096`**
**`31,936`**
**`424,421`**
`388,160`
`- £137,000)`
`2022`
`£`
`175`
`288`
`463`|
|---|---|---|
||||
||||
||||
```
continued...
```
```
Page 12
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023`**
## **`13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|`Accrued expenses`
**`14.`**
**`MOVEMENT IN FUNDS`**
`At 1.5.22`
`£`
**`Unrestricted funds`**
`General fund`
**`1,136,575`**
**`TOTAL FUNDS`**
**`1,136,575`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
**`740,922`**
**`TOTAL FUNDS`**
**`740,922`**
**`Comparatives for movement in funds`**
`At 1.5.21`
`£`
**`Unrestricted funds`**
`General fund`
`1,015,146`
**`TOTAL FUNDS`**
`1,015,146`|**`2023`**
**`£`**
**`2,472`**
`Net`
`movement`
`in funds`
`£`
**`(551,168)`**
**`(551,168)`**
`Resources`
`expended`
`£`
**`(1,292,090)`**
**`(1,292,090)`**
`Net`
`movement`
`in funds`
`£`
`121,429`
`121,429`|`2022`
`£`
`7,718`
`At`
`30.4.23`
`£`
**`585,407`**
**`585,407`**
`Movement`
`in funds`
`£`
**`(551,168)`**
**`(551,168)`**
`At`
`30.4.22`
`£`
`1,136,575`
`1,136,575`|
|---|---|---|
||||
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`539,452`
`539,452`|`Resources`
`expended`
`£`
`(418,023)`
`(418,023)`|`Movement`
`in funds`
`£`
`121,429`
`121,429`|
|---|---|---|---|
```
continued...
```
```
Page 13
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023`**
## **`14. MOVEMENT IN FUNDS - continued`**
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.5.21`
`£`
`1,015,146`
`1,015,146`|`Net`
`movement`
`in funds`
`£`
`(429,739)`
`(429,739)`|`At`
`30.4.23`
`£`
`585,407`|
|---|---|---|---|
||||`585,407`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`1,280,374`
`1,280,374`|`Resources`
`expended`
`£`
`(1,710,113)`
`(1,710,113)`|`Movement`
`in funds`
`£`
`(429,739)`
`(429,739)`|
|---|---|---|---|
## **`15. RELATED PARTY DISCLOSURES`**
```
OneoftheCharity'strusteesisalsothechiefexecutiveofanorganisationwhichbenefitted from
grantsandothersupporttotalling£1,209,952(2022:£389,846)duringtheyearpaidfrom the
charity.
```
```
Page 14
```
```
GOOD SHEPHERD FOUNDATION UK
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Gift aid`
**`Investment income`**
`Deposit account interest`
**`Other income`**
`Foreign exchange gain`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Raising donations and legacies`**
`Consultancy`
`Conference costs`
**`Charitable activities`**
`Grants to institutions`
**`Support costs`**
**`Finance`**
`Rates and water`
`Insurance`
`Light and heat`
`Telephone`
`Website costs`
`Sundries`
`Bank charges`
`Travelling`
`Foreign exchange (gain)/loss`
`Repairs & maintenance`
`Postage and stationery`
`Freehold property`
`Improvements to property`
**`Governance costs`**
`Accountancy and legal fees`
`Total resources expended`
**`Net (expenditure)/income`**|`2023`
`£`
**`740,295`**
**`627`**
**`740,922`**
**`-`**
**`-`**
**`740,922`**
**`11,788`**
**`5,354`**
**`17,142`**
**`1,209,952`**
**`2,126`**
**`495`**
**`298`**
**`4,082`**
**`11,175`**
**`1,208`**
**`1,667`**
**`10,298`**
**`16,185`**
**`2,510`**
**`85`**
**`5,460`**
**`4,636`**
**`60,225`**
**`4,771`**
**`1,292,090`**
**`(551,168)`**|`2022`
`£`
`484,393`
`175`|
|---|---|---|
|||`484,568`
`3`
`54,881`|
|||`539,452`
`5,417`
`-`|
|||`5,417`
`389,846`
`2,076`
`477`
`372`
`2,223`
`9,110`
`155`
`987`
`-`
`-`
`-`
`-`
`5,460`
`-`|
|||`20,860`
`1,900`|
|||`418,023`|
|||`121,429`|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```