| Page | ||||
|---|---|---|---|---|
| Reference and Administrative | Details ofthe Company, | Its Trustees and Advisers | ||
| Trustees' Report |
2-6 | |||
| Independent Auditors' |
Report | on the Financial Statements | 7-10 | |
| Statement of Financial | Activities | |||
| Balance Sheet | 12 | |||
| Notes to the Financial | Statements | 13-21 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| Note | Z | 6 | |||
| INCOME FROM: | |||||
| Investments | 3 | 237,699 | 237,599 | 198,650 | |
| TOTAL INCOME | 237,699 | 237,699 | 198,550 | ||
| EXPENDITURE ON: | |||||
| Raising funds: | |||||
| Expenditure on other activities |
9,516 | 9,516 | 5,281 | ||
| Investment management |
64,270 | 64,270 | 35,817 | ||
| Charitable activities |
6 | 61,242 | 51,242 | 15,559 | |
| TOTAL EXPENDITURE | 125,028 | 125,028 | 59,657 | ||
| NET INCOME BEFORE INVESTMENT | |||||
| GAINS/(LOSSES) | 112,671 | 112,571 | 138,993 | ||
| Net (losses)lgains | on investments | (601,391) | (601,391) | 741,171 | |
| NET MOVEMENT | IN FUNDS | (488,820) | (488,820) | 880,164 | |
| RECONCILIATION | OF FUNDS: | ||||
| Total funds brought | forward | 7,484,589 | 7,484,589 | 6,604, 425 | |
| Net movement in funds |
(488,820) | (488,820) | 880,164 | ||
| TOTAL FUNDS CARRIED FORWARD | 6,996,769 | 6,995,769 | 7,484,589 |
| Unrestricted | Total | ||||||
|---|---|---|---|---|---|---|---|
| funds | funds | ||||||
| 2022 | 2022 | ||||||
| E | E | ||||||
| Investment | income | - | dividends | from listed investments | 89,590 | 89,590 | |
| Investment | income | - | local cash | 569 | 569 | ||
| Investment | income | - | interest on | other investments | 147,440 | 147,440 | |
| 237,599 | 237,699 | ||||||
| Unrestricted | Total | ||||||
| funds | funds | ||||||
| 2021 | 2021 | ||||||
| E | |||||||
| Investment | income | - | dividends | from listed investments | 71,199 | 71,199 | |
| Investment | income | - | local cash | 219 | 219 | ||
| Investment | income | - | interest on | other investments | 127,232 | 127,232 | |
| 198,650 | 198,650 |
| Fundraising | Total | |||||
|---|---|---|---|---|---|---|
| activities | funds | |||||
| 2022 | 2022 | |||||
| 6 | 6 | |||||
| Investment | management | fees | 48,270 | 48,270 | ||
| Amounts | written | off investments | 16,000 | 16,000 | ||
| Support | costs (Note 5) | 1,716 | 1,716 | |||
| Governance | costs (Note | 5) | 7,800 | 7,800 | ||
| 73,786 | 73,786 | |||||
| Fundraising | Totai | |||||
| activities | funds | |||||
| 2021 5 |
2021f | |||||
| Investment | management | fees | 35,817 | 35,817 | ||
| Amounts | written | off investments | ||||
| Support | costs (Note 5) | 781 | 781 | |||
| Governance | costs (Note | 5) | 7,500 | 7,500 | ||
| 44,098 | 44,098 |
| General | Governance | Total | ||
|---|---|---|---|---|
| support | function | funds | ||
| 2022 | 2022 | 2022 | ||
| 6 | 6 | |||
| Auditors' | remuneration | 7,800 | 7,800 | |
| Bank charges | 213 | 213 | ||
| Subscriptions | 801 | 801 | ||
| Sundry | 702 | 702 | ||
| 1,716 | 7,800 | 9,616 | ||
| General | Governance | Total | ||
| support | function | funds | ||
| 2021 | 2021 | 2021 | ||
| E | ||||
| Auditors' | remuneration | 7,500 | 7,500 | |
| Bank charges | 191 | 191 | ||
| Subscriptions | 590 | 590 | ||
| 781 | 7,500 | 8,281 |
| Unrestricted | |||||||
|---|---|---|---|---|---|---|---|
| funds | Total | ||||||
| 2022 | 2022 | ||||||
| 6 | 8 | ||||||
| Advancing | education | and | personal | development | 8,270 | 8,270 | |
| Relieve poverty | or financial | hardship | 36,684 | 36,684 | |||
| Supporting | disadvantaged | communities | 2,500 | 2,600 | |||
| Promotion | of public | health | 3,788 | 3,788 | |||
| 51,242 | 51,242 | ||||||
| Unrestricted | |||||||
| funds | Total | ||||||
| 2021 | 2021 | ||||||
| 5 | |||||||
| Other charitable | activities | 15,559 | 15,559 |
| Activities | Grant | |||||||
|---|---|---|---|---|---|---|---|---|
| undertaken | funding of |
Total | ||||||
| directly | activities | funds | ||||||
| 2022 | 2022 | 2022 | ||||||
| 6 | 8 | 6 | ||||||
| Advancing | education | and | personal | development | 7,270 | 1,000 | 8,270 | |
| Relieve poverty | or financial | hardship | 35,684 | 1,000 | 36,684 | |||
| Supporting | disadvantaged | communities | 2,500 | 2,600 | ||||
| Promotion | of public | health | 3,788 | 3,788 | ||||
| 42,954 | 8,288 | 61,242 | ||||||
| Grant funding | Total | |||||||
| ofactivities | funds | |||||||
| 2021 | 2021 | |||||||
| Other charitable | activities | 15,559 | 15,559 |
| Advancing | Relieve | |||
|---|---|---|---|---|
| education | poverty or | |||
| and personal | financial | Total | Total | |
| development | hardship | funds | funds | |
| 2022 6 |
2022 6 |
2022 6 |
2021f | |
| Consultancy | 7,270 | 7,270 | ||
| Provision ofgoods/services | 35,684 | 35,684 | ||
| 7,270 | 35,684 | 42,964 |
| Listed | Other | |||
|---|---|---|---|---|
| Investments | investments | Total | ||
| 6 | 6 | 6 | ||
| Cost or valuation | ||||
| At 1 July 2021 (as restated) | 5,299,635 | 1,490,840 | 6,790,475 | |
| Additions | 1,601,324 | 120,089 | 1,621,413 | |
| Disposals/write-offs | (1,679,177) | (16,000) | (1,595,177) | |
| Revaluations | (706,093) | (706,093) | ||
| At 30June 2022 | 4,516,689 | 1,694,929 | 6,110,618 | |
| Net book value | ||||
| At 30June 2022 | 4,615,689 | 1,594,929 | 6,110,618 | |
| At 30June 2021 | 5,299,635 | 1,490,840 | 6,790,475 | |
| 11. | DEBTORS | |||
| As restated | ||||
| 2022 | 2021 | |||
| 6 | ||||
| Due within one year | ||||
| Other debtors | 250,000 | |||
| Prepayments and accrued income |
298 | 298 | ||
| 250,298 | 298 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 6 | 5 | |||
| Other creditors | 32 | 231 | ||
| Accruals | and deferred | income | 7,800 | 7,500 |
| 7,832 | 7,731 |
| SUMMARY | OF FUNDS - | CURRENT YEAR | ||||
|---|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Gains/ | Balance at 30 | ||
| July 2021 | resources | expended | (Losses) | June 2022 | ||
| 6 | 6 | 6 | 6 | 6 | ||
| 7,484,589 | 237,599 | (125,028) | (601,391) | 6,995,789 | ||
| Unrestricted | funds |