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2022-09-30-accounts

Directors Directors Mr J P Behrman
Mrs J Behrman
Secretary Mr J P Behrman
Charity number 1170365
Company number 10403233
Registered office Rayner Essex LLP
Tavistock House South
Tavistock Square
London
WC1H 9LG
Auditor Rayner Essex LLP
Faulkner
House
Victoria Street
StAlbans
Hertfordshire
AL1 3SE
Bankers HSBC
31 Cheque Street
StAlbans
Hertfordshire
AL1 3YN
Investment advisors Interactive
Brokers (UK) Ltd
Level 20 Heron Tower
110Bishopsgate
London
EC2N 4AY

Unrestricted
Unrestricted
Unrestricted
Unrestricted
funds funds
2022 2021
Notes 6 6
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Donations
and legacies
3 1,300,000
Investments 4 18,286 688
Total income 1,318,286 688
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Charitable
activities
5 16,117 6,334
Net gains/(losses) on investments 9 (29,169) 3,578
Net movement In funds 1,273,000 (2,068)
Fund balances at 1 October 2021 70,914 72,982
Fund balances at 30September 2022 1,343,914 70,914

2022 2021
Notes 5 5
Fixed assets
Investments 10 1,337,574 58,907
Current assets
Cash at bank and in hand 9,090 13,207
Creditors: amounts
one year
falling due within (2,750) (1,200)
Net current assets 6,340 12,007
Total assets less current liabilities 1,343,914 70,914
Income funds
Unrestricted funds 1,343,914 70,914
1,343,914 70,914

2022 2021
Notes E 6
Cash flows from operating activities
Cash generated from/(absorbed
by)
13
operations 1,289,221
Investing activities
Purchase of investments (2,693,683)
Proceeds from disposal of investments 1,382,059 (58,907)
Investment income received 18,286 688
Net cash used in Investing activities (1,293,338)
Net cash used in financing activities
Net decrease In cash and cash equivalents (4,117)
Cash and cash equivalents at beginning ofyear 13,207
Cash and cash equivalents at end of year 9,090

Unrestricted Total
funds
2022 2021
5 f
Donations and gifts 1,300,000

Unrestricted Unrestricted
funds funds
2022 2021
8 5
Income from listed investments 14,391 687
Interest receivable 3,895 1
18,286 688
Charitable activities
Charitable Charitable
donations donations
2022 2021
5 5
Donations to charities 8,610 4,367
Share ofgovernance costs (see note 6) 7,507 1,967
6,334

Support c osts
Support Governance 2022 2021
costs costs
6 6
Audit fees 2,750 2,750
Legal and professional 165 165
Independent Examination 600 600 1,620
Sundry 300
Bank charges 3,874 3,874 47
Computer costs 118 118
7,507 7,507 1,967
Analysed between
Charitable activities 7,507 7,507 1,967

2022 2021
Number Number
Total
There were no employees whose annual remuneration was more than 660,000.

Net gains/(l oss es)
on investments
Unrestricted Unrestricted
funds funds
2022
6
2021f
Revaluation of investments (29,169) 3,578

Cost or valuation
At 1 October 2021 58,907
Additions 2,675,398
Valuation
changes
(29,169)
Dividends
received
14,391
Interest received 3,894
Disposals (1,382,059)
At 30September 2022 1,341,362
Impairment
At 1 October 2021
Charges 3,788
At 30 September 2022 3,788
Carrying
amount
At 30September 2022 1,337,574
At 30 September 2021 58,907
2022 2021
8 6
Accruals and deferred income 2,750 1,200

13 Cash generated from operations operations 2022 2021
5 8
Surplus/(deficit) for the year 1,273,000 (2,068)
Adjustments
for:
Investment
income recognised
in statement offinancial activities (18,286) (688)
Fair value gains and losses on investments 32,957 (3,393)
Movements
in working
capital;
Increase
in creditors
1,550 720
Cash generated from/ (absorbe d by) oper ations 1,289,221 (5,429)