| Page | ||
|---|---|---|
| Reference and administrative details ofthe Charity, |
its Trustees and advisers | |
| Trustees' report |
2-3 | |
| Independent examiner's report |
4-5 | |
| Statement offinancial activities | ||
| Balance sheet | ||
| Statement ofcash flows | ||
| Notes to the financial statements | 9-15 |
| Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | |||||
| 2022 | 2022 | 2021 | |||||
| Note | F | E | E | ||||
| Income from: | |||||||
| Donations and |
legacies | 900,000 | |||||
| Investments | 55,635 | 55,635 | 25,252 | ||||
| Total income | 55,635 | 55,635 | 925,252 | ||||
| Expenditure on: |
|||||||
| Raising funds | 7,673 | 7,673 | 3,270 | ||||
| Charitable activities |
35,045 | 35,045 | 23,812 | ||||
| Total expenditure | 42,718 | 42,718 | 27,082 | ||||
| Net income before net (losses)/gains | on | ||||||
| investments | 12,917 | 12,917 | 898,170 | ||||
| Net (losses)/gains | on investments | (264,483) | (264,483) | 201,188 | |||
| Net movement | in | funds | (251,566) | (251,566) | 1,099,358 | ||
| Reconciliation | of | funds: | |||||
| Total funds brought | forward | 3,123,430 | 3,123,430 | 2,024,072 | |||
| Net movement | in funds | (251,566) | (251,566) | 1.099,358 | |||
| Total funds carried forward | 2,871,864 | 2,871,864 | 3,123,430 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 5 | F | |||||
| Fixed assets | |||||||
| Investments | 2,689,321 | 2,975,434 | |||||
| 2,689,321 | 2,975,434 | ||||||
| Current assets | |||||||
| Cash at bank and | in hand | 191,363 | 153,036 | ||||
| 191,363 | 153,036 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 12 | (8,820) | (5,040) | ||||
| Net current assets | 182,543 | 147,996 | |||||
| Total assets less | current liabilities | 2,871,864 | 3,123,430 | ||||
| Net assets excluding | pension asset | 2,871,864 | 3,123,430 | ||||
| Total net assets | 2,871,864 | 3,123,430 | |||||
| Charity funds | |||||||
| Restricted funds |
14 | ||||||
| Unrestricted funds |
14 | 2,871,864 | 3,123,430 | ||||
| Total funds | 2,871,864 | 3,123,430 |
| STATEMENT OF CASH FLOWS | STATEMENT OF CASH FLOWS | STATEMENT OF CASH FLOWS | ||||||
|---|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 DECENIBER 2022 | ||||||||
| 2022 | 2021 | |||||||
| F | E | |||||||
| Cash flows from operating | activities | |||||||
| Net cash | used in operating |
activities | (38,938) | 870,043 | ||||
| Cash flows from investing | activities | |||||||
| Proceeds | from sale of investments | 3,801,934 | 623,504 | |||||
| Purchase | of investments | (3,780,305) | (1,423,891) | |||||
| Interest receivable | 55,635 | 25,252 | ||||||
| Net cash | provided by/(used |
in) investing | activities | 77,264 | (775,135) | |||
| Cash flows from financing | activities | |||||||
| Net cash | provided by financing activities |
|||||||
| Change | in cash and cash | equivalents | in | the year | 38,326 | 94,908 | ||
| Cash and | cash equivalents | at the beginning | ofthe year | 153,036 | 58,128 | |||
| Cash and cash equivalents | at the end of | the year | 191,362 | 153,036 | ||||
| The notes on pages 9to 15 | form part ofthese financial | statements |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2021 | |
| E | E | ||
| Donations | 720,000 | ||
| Gift aid | 180,000 | ||
| 900,000 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2022 | 2022 | 2021 | ||||
| E | E | 5 | ||||
| Income from | local listed investments | 55,635 | 55,635 | 25,252 | ||
| Investment | management | costs | ||||
| Unrestricted | Total | Total | ||||
| funds | funds | funds | ||||
| 2022 | 2022 | 2021 | ||||
| 5 | E | |||||
| Investment | management | costs | 7,673 | 7,673 | 3,270 |
| Grants to | Total | Total | |||||
|---|---|---|---|---|---|---|---|
| Institutions | funds | funds | |||||
| 2022 | 2022 | 2021 | |||||
| 5 | |||||||
| Grant funding | ofactivities | 30,000 | 30,000 | 20,000 | |||
| The Charity has made the | following | material | grants to institutions | during the year: | |||
| 2022 | 2021 | ||||||
| 5 | F | ||||||
| Name of institution | |||||||
| Gloucestershire | Community | Foundation | 30,000 | 20,000 | |||
| 30,000 | 20,000 |
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Total | Total | ||||
| 2022 5 |
2022 5 |
2021f | ||||
| Grant funding | of activities | 35,045 | 35,045 | 23,812 | ||
| Summary | by | expenditure | type | |||
| Other costs | Total | Total | ||||
| 2022f | 2022 E |
2021 5 |
||||
| Grant funding | ofactivities | 35,045 | 35,045 | 23,812 |
| Grant | ||||||
|---|---|---|---|---|---|---|
| funding of |
Support | Total | Total | |||
| activities | costs | funds | funds | |||
| 2022 E |
2022 E |
2022 E |
2021f | |||
| Grant | funding | ofactivities | 30,000 | 5,045 | 35,045 | 23,812 |
| Total | 2021 | 20,000 | 3,812 | 23,812 |
| 11. | Fixed asset investments | Fixed asset investments | ||||
|---|---|---|---|---|---|---|
| Listed | ||||||
| investments | ||||||
| E | ||||||
| Cost or valuation | ||||||
| At 1 January 2022 | 2,975,434 | |||||
| Additions | 3,780,304 | |||||
| Disposals | (3,952,131) | |||||
| Revaluations | (114,286) | |||||
| At 31 December 2022 | 2,689,321 | |||||
| Net book value | ||||||
| At 31 December 2022 | 2,689,321 | |||||
| At 31 December 2021 | 2,975,434 | |||||
| 12. | Creditors: Amounts | falling | due within one year | |||
| 2022 | 2021 | |||||
| 6 | ||||||
| Accruals and deferred | income | 8,820 | 5,040 | |||
| 13. | Financial instruments | |||||
| 2022 | 2021 | |||||
| 6 | 8 | |||||
| Financial assets | ||||||
| Financial assets measured | at fair value through | income and expenditure | 191,363 | 153,036 |
| Analysis of net assets between funds - current ye | ar | |
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2022 | 2022 | |
| 5 | 6 | |
| Fixed asset investments | 2,689,321 | 2,689,321 |
| Current assets | 191,363 | 191,363 |
| Creditors due within one year | (8,820) | (8,820) |
| Total | 2,871,864 | 2,871,864 |