| Reports | ||
|---|---|---|
| Trustees' report. |
3-14 | |
| Independent Examiner's |
report. ... | ......15 |
| Accounts | ||
| Statement of Financial Activities. .... | ......16 | |
| Balance Sheet„ | ,17 | |
| Notes tothe Accounts. .. | ..18-22 |
| Note | Unrestricted | Unrestricted | ||
|---|---|---|---|---|
| funds | funds | |||
| 2023 | 2022 | |||
| E | E | |||
| INCOME FROM: | ||||
| Donations | 160,000 | 100,000 | ||
| Investment income |
32,789 | 30,173 | ||
| Bank interest | 1,490 | |||
| TOTAL INCOME | 194,279 | 130,173 | ||
| EXPENDITURE ON: | ||||
| Raising funds | 8,758 | 10,049 | ||
| Charitable activities |
176,334 | 220,766 | ||
| TOTAL EXPENDITURE | 185,092 | 230,815 | ||
| NET INCOME /(EXPENDITURE) | ||||
| BEFORE INVESTMENT | GAI NS | 9,187 | (100,642) | |
| Investment gain/(loss) |
44,246 | (226,919) | ||
| NET INCOME (EXP END |
ITU RE) | |||
| AFTER INVESTMENT GAINS | ||||
| AND NET MOVEMENT | IN | |||
| FUNDS | 53,433 | (327,561) | ||
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 1,155,482 | 1,483,043 | ||
| TOTAL FUNDS CARRIED | ||||
| FORWARD | 1,208,915 | 1,155,482 |
| Note | 2023 | 2022 | |||
|---|---|---|---|---|---|
| E | E | ||||
| FIXEDASSETS | |||||
| Investments | 1,294,153 | 1,201,989 | |||
| CURRENT ASSETS | |||||
| Cash | 21,930 | 68,233 | |||
| CREDITORS: amounts | falling due | ||||
| within one year | (107,168) | (114,740) | |||
| NET CURRENT LIABILITIES | (85,238) | (46,507) | |||
| NET ASSETS | 1,208,916 | 1,185,482 | |||
| TOTALCHARITY | FUNDS | ||||
| Unrestricted | 1,208,915 | 1,155,482 | |||
| TOTALFUNDS | 1,208,915 | 1,155,482 |
| Analysis of | income | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2023 | 2022 | ||
| f | f | ||
| Brooks Macdonald | |||
| portfolio income | 21,941 | 30,173 | |
| Ca2enove portfolio | |||
| income | 12,338 | ||
| Income as beneficiary: | |||
| From private | family | ||
| foundation | 160,000 | 100,000 | |
| Total income | 194,279 | 130,173 |
| 4. Analysis ofexpe | nditure on charitable acti |
vities | |
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2023 f |
2022f | ||
| Gronts mode: | |||
| The Hampton Trust |
98,000 | ||
| The Difference | 25,000 | 50,000 | |
| Medical Justice | 10,000 | 75,000 | |
| Young Roots | 10,000 | 90,000 | |
| Sub-total: Grants made | 143,000 | 215,000 | |
| Professional development |
|||
| fees | 374 | 447 | |
| Telecommunication | costs | 123 | 123 |
| Independent Examiner's fee |
2,740 | 2,340 | |
| Administration and |
4,071 | 2,614 | |
| accounting fees | |||
| Other professional | fees | 26,026 | 242 |
| Sub-total: support | costs | 33,334 | 5,766 |
| Total expenditure | 176,334 | 220,766 |
| during 2023were | as follows: | |||
|---|---|---|---|---|
| E | ||||
| Market Value at 1 | January 2023 | 1,201,989 | ||
| Additions at cost | 1,455,662 | |||
| Disposal proceeds | (1,407,744) | |||
| Realised gains | 107,971 | |||
| Unrealised loss |
(63,725) | |||
| Market value at31December 2023 | 1,294,153 | |||
| Historic costat31December 2023 | 1,254,422 | |||
| Listed investments | at 31December | 2023 comprised the following: | ||
| f | ||||
| Multi Asset Funds | 1,224,153 | |||
| Cash funds | 70,000 | |||
| 1,294,153 | ||||
| 6, Analysis ofcreditors (amounts | falling due within one year) | |||
| 2023 | 2022 | |||
| E | E | |||
| Examiners fees | 2,500 | 2,340 | ||
| Accounting fees | 2,500 | 2,400 | ||
| Administration expenses |
33B | |||
| Professional fees |
1,630 | |||
| Grants payable | 100,000 | 110,000 | ||
| Total creditors | 107,168 | 114,740 |