| Index | Page | |||
|---|---|---|---|---|
| Trustees' report | 1 | - | 3 | |
| Independent Examiner's |
report | |||
| Statement offinancial | activities | |||
| Balance sheet | ||||
| Notes to the Accounts | 7 | - | 11 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||
| funds | funds | ||||
| Note | |||||
| Income and endowments | from: | ||||
| Donations and legacies | 2 | 81,204 | |||
| Investment income |
3 | 108,140 | 131,980 | ||
| Total income | 108,140 | 213,184 | |||
| Expenditure on: |
|||||
| Raising funds (investment | management | fees) | (44,004) | (43,540) | |
| Charitable activities |
(232,788) | (225,803) | |||
| Total expenditure | (276,792) | (269,343) | |||
| Net expenditure before |
(losses)/gains | ||||
| on investments | (168,652) | (56,159) | |||
| Net (losses) / gains on investments | (911,351) | 620,253 | |||
| Net movement in funds |
(1,080,003) | 564,094 | |||
| Reconciliation offunds: | |||||
| Total funds brought forward | 5,949,366 | 5,385,272 | |||
| Total funds carried forward | K4,869,363 | K5,949,366 |
| 3 | Investment | income | 2022 | 2021 | |
|---|---|---|---|---|---|
| f. | |||||
| Dividends | 89,378 | 118,857 | |||
| Interest irom | investments | 18,669 | 13,123 | ||
| Interest on cash deposits | 93 | ||||
| 8108,140 | f131,980 | ||||
| 4 | Expenditure | on charitable | activities | 2022 | 2021 |
| Grants awarded (see note 5) | 226/99 | 219,591 | |||
| Governance | costs {seenote 6) | 6,489 | 6,212 | ||
| f232,788 | 6225,803 |
| Grants awarded | Grants awarded | during the year: | 2022 | 2021 |
|---|---|---|---|---|
| General | 73,250 | 57,269 | ||
| Prevention | OrReliefofPoverty | 57,000 | 50,000 | |
| Health 4 | Disability | 53,050 | 69,322 | |
| Animal Welfare | 26,999 | 20,000 | ||
| Education | 16,000 | 23,000 | ||
| f226,299 | f219,591 |
| OR | THE YEARENDED | 30JU | NE 2022 | ||||
|---|---|---|---|---|---|---|---|
| 6 | Governance costs |
2022 | 2021 | ||||
| g | |||||||
| Management and administration |
|||||||
| Accountancy fees |
5,136 | 4,890 | |||||
| Independent examiner's |
fees | 1,110 | 1,080 | ||||
| Bank charges | 243 | 242 | |||||
| F6,489 | K6,212 | ||||||
| 7 | Staffcosts | ||||||
| No sta6' were employed | by | the charity | during | the year, the daily | admimstration | ofthe charity being |
|
| carried out by the trustees (2021:no staff | were employed). | ||||||
| 8 | Fixed asset investments | 2022 | |||||
| Opening market value | 5,767,648 | 5,258,626 | |||||
| Additions at cost | 625,256 | 2,879,907 | |||||
| Disposal proceeds | (694,876) | (2,991,138) | |||||
| Realised gain / (loss) on | disposal ofinvestments | 12,075 | (5,075) | ||||
| Unrealised (loss) / gain on revaluation ofinvestments | (923,426) | 625,328 | |||||
| Closing market value | 64,786,677 | K5,767,648 | |||||
| 9 | Analysis ofcurrent assets | 2022 | 2021 | ||||
| Cash and cash equivalents | |||||||
| Close Brothers Asset | Management | ||||||
| -Capital account | 67,306 | 105,535 | |||||
| Metro Bank | |||||||
| -Current account | 30,585 | 93,110 | |||||
| Total | f97,891 | 5.198,645 | |||||
| 10 | Analysis ofliabilities | 2022 | 2021 | ||||
| Creditors falling due within | one year | ||||||
| Investment management |
fees | 9,451 | 11,437 | ||||
| Accountancy fees |
4,632 | 4,410 | |||||
| Independent examiner's |
fees | 1,122 | 1,080 | ||||
| Total liabiTities | f,15,205 | f16,927 |