| Page | |||
|---|---|---|---|
| Referenceand Administrative Details | |||
| ReportoftheTrustees | 2 | to | 3 |
| IndependentExaminer'sReport | 4 | ||
| StatementofFinancial Activities | 5 | ||
| BalanceSheet | 6 | ||
| NotestotheFinancial Statements | 7 | to | 13 |
| 5.4.23 | 5.4.22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||
| fund | fund | funds | funds | ||
| INCOME AND ENDOWMENTS FROM | Notes | £ | £ | £ | £ |
| Investment income | 2 | 59,622 | 59,622 | 17,873 | |
| EXPENDITURE ON | |||||
| Raising funds | 3 | (2,959) | |||
| Charitable activities | |||||
| Charitable activities | 110,000 | 110,000 | 110,000 | ||
| Other | 5 | 4,380 | 4,380 | 4,270 | |
| Total | 114,380 | ll4,380 | 111,311 | ||
| Netgains/(losses) on investments | (324,156) | (324,156) | 7,237 | ||
| NET INCOME/(EXPENmTURE) Transfers between funds |
10 | (54,758) 54,758 |
(324,156) (54,758) |
(378,914) | (86,201) |
| Net movement in funds | (378,914) | (378,914) | (86,201) | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 3,685,315 | 3,685,315 | 3,771,516 | ||
| TOTAL FUNDS CARRIED FORWARD | 3,306,401 | 3,306,401 | 3,685,315 |
| 5.4.23 | 5.4.22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Endowment | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 8 | 3,287,901 | 3,287,901 | 3,638,182 | |
| CURRENT ASSETS | |||||
| Cash at bank | 2,820 | 18,500 | 21,320 | 49,893 | |
| CREDITORS | |||||
| Amounts falling due within one year | 9 | (2,820) | (2,820) | (2,760) | |
| NET CURRENT ASSETS | 18,500 | 18,500 | 47,133 | ||
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 3,306,401 | 3,306,401 | 3,685,315 | ||
| NET ASSETS | 3,306,401 | 3,306,401 | 3,685,315 | ||
| FUNDS | 10 | ||||
| Endowment funds | 3,306,401 | 3,685,315 | |||
| TOTAL FUNDS | 3,306,401 | 3,685,315 |
| 5.4.23 | 5.4.22 | |||
|---|---|---|---|---|
| UK Income Overseas Income |
Interest UnitTrustDividends Dividends |
£ IO 59,612 |
£ 17,674 |
|
| 199 | ||||
| 59,622 | 17,873 | |||
| 3. | RAISING FUNDS | |||
| INVESTMENT MANAGEMENT COSTS | ||||
| 5.4.23 | 5.4.22 | |||
| Portfolio management | £ | £ | ||
| (2,959) | ||||
| 4. | GRANTS PAYABLE | |||
| 5.4.23 | 5.4.22 | |||
| Charitable activities | £ | £ | ||
| 110,000 | 110,000 | |||
| The total grants paid to | institutions during the yearwas as follows: | |||
| 5.4.23 | 5.4.22 | |||
| Malaria Consortium | £ | £ | ||
| Schistosomiasis Control | 40,000 | 50,000 | ||
| Sightsavers Plan International UK |
25,000 25,000 |
30,000 30,000 |
||
| 20,000 | ||||
| 110,000 | I 10,000 | |||
| 5. | OTHER | |||
| 5.4.23 | 5.4.22 | |||
| Support costs | £ 4,380 |
£ 4,270 |
||
| Support costs includethe | independentexaminers fee of£1,380.(2022: £1,270). |
| Unrestricted | Endowment | Total | |
|---|---|---|---|
| fund | fund | funds | |
| £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Investment income | 17,873 | 17,873 | |
| EXPENDITURE ON | |||
| Raising funds | (2,959) | (2,959) | |
| Charitable activities | |||
| Charitable activities | 110,000 | 110,000 | |
| Other | 4,270 | 4,270 | |
| Total | 114,270 | (2,959) | 111,311 |
| Netgains on investments | 7,237 | 7,237 | |
| NET INCOME/(EXPENDITURE) | (96,397) | 10,196 | (86,201) |
| Transfers between funds | 96,397 | (96,397) | |
| Net movement in funds | (86,201) | (86,201) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 3,771,516 | 3,771,516 | |
| TOTAL FUNDS CARRIED FORWARD | 3,685,315 | 3,685,315 |
| FIXED ASSET INVESTMENTS | ||
|---|---|---|
| 5.4.23 | 5.4.22 | |
| £ | £ | |
| Shares | 3,279,221 | 3,628,182 |
| Portfolio Cash | 8,680 | 10,000 |
| 3,287,901 | 3,638,182 | |
| Additional information as follows: | ||
| Listed | ||
| investments | ||
| £ | ||
| MARKET VALUE | ||
| At 6 April 2022 | 3,628,182 | |
| Additions | 59,613 | |
| Disposals | (91,954) | |
| Revaluations | (316,620) | |
| At 5 April 2023 | 3,279,221 | |
| NET BOOK VALUE | ||
| At 5 April 2023 | 3,279,221 | |
| At 5 April 2022 | 3,628,182 |
| Listed | |||
|---|---|---|---|
| investments | |||
| £ | |||
| Valuation | in | 2022 | (347,600) |
| Cost | 3,626,821 | ||
| 3,279,221 |
| Investments (neither listed nor unlisted) were as follows: | ||
|---|---|---|
| 5.4.23 | 5.4.22 | |
| £ | £ | |
| Portfolio Cash | 8,680 | 10,000 |
| 5.4.23 | 5.4.22 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Accrued expenses | 2,820 | 2,760 | |||
| 10. | MOVEMENT IN FUNDS | ||||
| Net | Transfers | ||||
| movement | between | At | |||
| At6.4.22 | in funds | funds | 5.4.23 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | (54,758) | 54,758 | |||
| Endowment funds | |||||
| Expendable Endowment | 3,685,315 | (324,156) | (54,758) | 3,306,401 | |
| TOTAL FUNDS | 3,685,315 | (378,914) | 3,306,401 | ||
| 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 | 59,622 | (114,380) | (54,758) | ||
| Endowment funds | |||||
| Expendable Endowment | (324,156) | (324,156) | |||
| TOTAL FUNDS | 59,622 | (114,380) | (324,156) | (378,914) | |
| Comparatives for movement in funds | |||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 6.4.21 | in funds | funds | 5.4.22 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | (96,397) | 96,397 | |||
| Endowment funds | |||||
| Expendable Endowment | 3,771,516 | 10,196 | (96,397) | 3,685,315 | |
| TOTAL FUNDS | 3,771,516 | (86,201) | 3,685,315 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 17,873 | (114,270) | (96,397) | |
| Endowment funds | ||||
| Expendable Endowment | 2,959 | 7,237 | 10,196 | |
| TOTAL FUNDS | 17,873 | (111,311 ) | 7,237 | (86,201) |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 6.4.21 | in funds | funds | 5.4.23 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | (151,155) | 151,155 | ||
| Endowment funds | ||||
| Expendable Endowment | 3,771,516 | (313,960) | (151,155) | 3,306,401 |
| TOTAL FUNDS | 3,771,516 | (465,115) | 3,306,401 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 77,495 | (228,650) | (151,155) | |
| Endowment funds | ||||
| Expendable Endowment | 2,959 | (316,919) | (313,960) | |
| TOTAL FUNDS | 77,495 | (225,691) | (316,919) | (465,115) |