##
##
##
##
||||INDEX TO THE ACCOUNTS||
|---|---|---|---|---|
|Reference and Administrative||Details|||
|Report ofthe Trustees||||2-4|
|Audit
Report||||5-7|
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Cash Flow Statement||||10|
|Notes to the Accounts||||11 - 16|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
#
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||Unrestricted|Capital|||
|---|---|---|---|---|---|---|---|
|||||Operating|Endoivment|2023|2022|
||||Notes|Funds|Funds|Total|Total|
|Income From:||||||||
|Donations,
Grants|and Legacies||2|65,414||65,414|63,619|
|Investment
Income|||3|402,380||402,380|405,105|
|Total Income||||467,794||467,794|468,724|
|Expenditure
On:||||||||
|Charitable
Activities:||||||||
|Grants Payable||||464,469||464,469|443,183|
|Support Costs||||65,951||65,951|70,121|
|Costs ofRaising Funds:||||||||
|Investment
Management||Rebates||(34,523)||(34,523)|(37,973)|
|Consultancy
Fee||||2,000||2,000|15,991|
|Goveniance
Costs||||15,075||15,075|15,991|
|Total Expemliture||||512,972||512,972|507,313|
|Net Expenditure|before|Gains on||||||
|Investments||||(45,178)||(45,178)|(38,589)|
|Net (Deficit)/Gain|on|||||||
|Investment
Assets|||8|(855,676)|(34,070)|(889,746)|318,637|
|Net Movement
in|Funds|||(900,854)|(34,070)|(934,924)|280,048|
|Reconciliation
of|Funds|||||||
|Total Funds Brought Fonvar&l||||14,604,604|566,398|15,171,002|14,874,963|
|Total Funds Carried Fonvar&1||||13,703,750|532,328|14,236,078|15,155,011|
##
##
|||Unrestricted|Capital|||
|---|---|---|---|---|---|
|||Operating|Endowment|2023|2022|
||Notes|Funds|Funds|Total|Total|
|||8|||8|
|Fixed Assets||||||
|Tangiblo Fixed Assets|7|1,251||1,251|3,028|
|Investments|8|13,609,364|532,328|14,141,692|15,086,798|
|Total II'ixed Assets||13,610,615|532,328|14,142,943|15,089,826|
|Current Assets||||||
|Debtors||2,790||2,790|1,438|
|Cash atBank and in Baud||123,320||123,320|84,500|
|Total Current Assets||126,110||126,110|85,938|
|Creditors:||||||
|Amounts
Palling Due||||||
|Within
Ono Year|9|(32,975)||(32,975)|(4,762)|
|Net Current Assets||93,135||93,135|81,176|
|Net Assets||13703750|532328|142360711|15,171,002|
|Fimds|10|||||
|Unrestricted||13,703,750||13,703,750|14,604,604|
|Bndowment|||532,328|532,328|566,398|
|||13,703,750|532,328|14,236,078|15,171,002|
##
##
##
||||Total|Total|
|---|---|---|---|---|
||||Fuuds|Funds|
||||2023|2022|
|||Note|g|g|
|Cash (used in)|||||
|Operating
Activities||12|(418,920)|(425,017)|
|Cash Flows from Investing|Activities:||||
|Dividends
and Interest Received|||402,380|405,105|
|Purchase ofPlant &Equipment|||||
|Sale ofTangible Fixed Assets|||||
|Sale ofInvestments|||126,445|115,195|
|Purcltase ofInvestments|||(71,085)|(128,183)|
|Net Cash provided
by|||||
|Investing
Activities|||457,740|392,117|
|Net Change iu Cash in the year|||38,820|(32,900)|
|Cash brought
fonvard
at I April|||84,500|117,400|
|Cash carried forward at 31|March||123,320|84,500|
##
##
##
##
##
|2.|Donations, Grants and Legacies|2023|2022|
|---|---|---|---|
||Donations
and Grants|4,446|13,028|
||Legacies|60,968|50,591|
|||65,414|63,619|
|3.|Investment
Income|2023|2022|
||Dividends
-UK Equities|75,245|84,667|
||Dividends
-Overseas Equities|187,911|194,451|
||Interest - UK Fixed Interest Securities|59,150|27,952|
||Other|80,074|98,035|
|||402,380|405,105|
|4.|Grants Payable|2023|2022|
||Bereavement|42,315|33,618|
||Ill health|116,827|141,497|
||Loss ofIncome|50,686|45,051|
||Relationship
Breakdown|45,651|31,874|
||Domestic Abuse|59,367|49,995|
||Loss ofHome|22,372|4,578|
||Change ofliving Circumstances|32,955|26,728|
||Debt Relief|270||
||Covid-19||4,700|
||TV Licence|1,272|1,431|
||Other|19,891|18,141|
||Quarterly
Payments|70,673|82,791|
||Seasonal Grants|2,190|2,779|
|||464,469|443,183|
##
##
|Support Costs||2023|2022|
|---|---|---|---|
|Salaries and Related|Costs (see below)|45,589|55,012|
|Grant Administration|Fees|4,266||
|Rent and Rates||503|88|
|Printing,
Stationery|and Telephone|2,019|1,614|
|Computer Expenses||8,980|7,775|
|Repairs and Renewals||34|37|
|Stmdry Expenses||2,376|1,178|
|Publicity||407|2,640|
|Depreciation||1,777|1,777|
|||65,951|70,121|
|StaffRemuneration||2023|2022|
|||g|g|
|Wages and Salaries||38,674|38,114|
|Compensation
for loss ofemployment|||9,945|
|Social Security Costs||||
|Pension Costs||6,915|6,953|
|||45,589|55,012|
##
|6.|Goveruance|Costs||2023|2022|
|---|---|---|---|---|---|
||||||8|
||Audit Fee|||4,560|3,840|
||Other Professional||Fees|9,029|10,664|
||Trustees'Insurance|||1,486|1,487|
|||||15,075|15,991|
##
##
|7.|Tangible Fixed Assets|Tangible Fixed Assets|||Office|
|---|---|---|---|---|---|
||||||Equipment|
||Cost|||||
||At 1 April 2022||||7,066|
||Additions|||||
||At 31 March 2023||||7,066|
||Depreciation|||||
||At I April 2022||||4,038|
||Charge for the Year||||1,777|
||At 31March 2023||||5,815|
||Net BookValue|||||
||At 31 March 2023||||1,251|
||At 31 March 2022||||3,028|
|8.|Investments|||2023|2022|
|||||f|f|
||Market Value at 1 April||2022|15,086,798|14,755,173|
||Purchases
During the Year at Cost|||64,000|118,381|
||Dispose ls/Proceeds|During the Year||(126,445)|(115,195)|
||Realised Gains on Disposals|||17,762|25,060|
||Changes
in Unrealised||Gains Investments|(907,508)|293,577|
||Increase in Cash Deposits|||7,085|9,802|
||Market Value at 31|March 2023||14,141,692|15,086,798|
||Historic Cost at 31 March 2023|||11,287,894|11,325,492|
||Represented
by:|||||
||Multi Asset Funds|||14,124,804|15,076,994|
||Cash Deposits|||16,888|9,804|
|||||25,429,586|26,412,290|
||Analysed
as:|||||
||Unrestricted
Operating||Funds|13,609,364|14,520,400|
||Endoivment
Funds|||532,328|566,398|
##
|Investments
(Continued)|Investments
(Continued)|2023|2022|
|---|---|---|---|
|||g||
|Comprising:||||
|UK Equities||2,640,659|3,153,773|
|Overseas Equities||6,608,395|7,243,351|
|UK Fixed Interest Securities||2,077,028|1,044,323|
|Prop etty||618,990|832,066|
|Altensative
Investments||1,730,036|1,892,951|
|Liquid Assets||466,584|920,334|
|||14,141,692|15,086,798|
|Creditors: Amounts|Falling Due Within One Year|2023|2022|
|||g||
|Accrued Expenses||32,973|4,762|
##
##
##
##
##
##
##
|Reconciliation ofNet Income|Reconciliation ofNet Income||||
|---|---|---|---|---|
|to Nct Cash Flow from Operating||Activities|||
||||Total|Total|
||||Fun&is|Funds|
||||2023|2022|
|Net (deficit) for the reporting|period||||
|(as per the statement offinancial activities)|||(45,178)|(22,598)|
|Adjustments
for:|||||
|Depreciation|||1,777|1,777|
|Dividends
and Interest|||(402,380)|(405,105)|
|(Increase)/Decrease
in Debtors|||(1,352)|1,626|
|Increase/(Decrease)
in Creditors|||28,213|(717)|
|Net Cash used in operating|activities||(418,920)|(425,017)|