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2023-04-05-accounts

Page
1-5 Trustees'AnnualReport
6 IndependentExaminer'sReport
7 StatementofFinancialActivities
8 StatementofFinancialPosition
9-15 NotestotheAccounts(includingAccountingPolicies)

Expendable Unrestricted Total Total
Endowment Funds Funds Funds
2023 2023 2023 2022
Notes
Incomeandendowmentsfrom:
DonationsandLegacies 3 0
0
0 40
Investments 4 0
71,005
71,005 62,330
Other 5 0
630
630 0
Total 0
71,635
71,635 62,370
Expenditureon:
Raisingfunds 6 12,015
0
12,015 13,924
Charitableactivities 7 0
177,430
177,430 182,371
Total 12,015
177,430
189,445 196,295
NetGains/(Losses)oninvestments 12 (300,120)
0
(300,120) 128,929
NetIncome/(expenditure) (312,135)
(105,795)
(417,930) (4,996)
Transfersbetweenfunds 16 (103,077)
103,077
0 0
NetmovementinFunds (415,212)
(2,718)
(417,930) (4,996)
Reconciliationoffunds
TotalFundsasat6thApril2022 3,150,327
11,175
3,161,502 3,166,498
TotalFundsasat5thApril2023 2,735,115
8,457
2,743,572 3,161,502

Expendable Expendable Unrestricted Total Total
Endowment Funds Funds Funds
2023 2023 2023 2022
L O(
E
L Yr
Notes
FixedAssets
Investments 12 2,681,906 0 2,681,906 3,115,473
TotalFixedAssets 2,681,906 0 2,681,906 3,115,473
CurrentAssets
Debtors 13 0 4,835 4,835 9,065
Cashatbankandinhand 56,153 24,675 80,828 117,303
TotalCurrentAssets 56,153 29,510 85,663 126,368
Liabilities
Creditors:amountsfallingdue
withinoneyear 14 2,944 21,053 23,997 80,609
NetCurrentAssets 53,209 8,457 61,666 45,759
TotalNetAssetsat5thApril2023 2,735,115 8,457 2,743,572 3,161,502
Representedby:
TheFundsoftheCharity 16
TotalCharityFundsat5thApril2023 2,735,115 8,457 2,743,572 3,161,502
AgreedandsignedonbehalfoftheBoard ofTrusteeson
1

/2 '3

3 DonationsandLegacies 2023 2022
£ £
Legacy 0 40
4 Incomefromlistedinvestments 2023 2022
UKEquities 36,174 41,943
UnitTrustIncome 6,034 1,658
OverseasIncome 20,068 10,932
OverseasInterest 3,512 1,813
UnitTrustInterest 3,396 4,334
GiltInterestGross 2,063 1,550
OtherIncome 1,415 459
OverseasTaxdeductedatsource
/1,uub

5 Otherincome 2023 2022
£ £
BankInterest 630 33
630 33
6 Raisingfunds 2023 2022
£ £
Investmentmanagementcosts 12,015 13,924
12,015 13,924
7 Charitableactivities Grantmaking Grantmaking
2023 2022
Grantmaking: £ £
EquineWelfaregrants(note8) 76,310 71,670
ElderlyFrailgrants(note8) 76,633 87,433
Staffcosts(note9) 17,914 16,286
Governancecosts(note10) 6,056 6,253
Sundryofficeandadministrationexpenses 517 728
177,430 182,371
8 Grants
Grantsaremadetoinstitutionsonly.Afulllistofgrantsawardedduringtheyearisasfollows:
Equine Elderly&
£ £
AgeConcernNorthNorfolk 0 2000
AgeWellEast 0 8,500
AgeUKWestminister 0 8,500
BFriend 0 6,000
BritishHorseSociety 5,000 0
CastlePointSocial 0 5,000
DementiaUK 0 7,000
HADCA 0 2,500
HAPPA 8,010 0
Here4Horses 3,500 0
Hourglass 0 4,000
MakingSpace 0 1,600
MindLeeds 0 5,000
MoorcroftEquine 11,000 0
OlderPeopleNorthWest 0 5,000
ReachFamilyProject 0 10,533
Redwings 7,000 0
SafeHavenforDonkeys 7,800 0
SandhurstDayCentre 0 5,000
ScottishSPCA 12,000 0
ThornberryAnimalSanctuary 10,000 0
WellbeingofWomen 0 6,000
WorldHorseWelfare 9,000 0
HillPonyResources 3,000 0
Totalgrantstoinstitutions 76,310 76,633

9 Staffcosts 2022 2022
£ £
Salary-grosspaid 17,579 15,989
Pensioncontribution-employer'spaid 335 297
17,914 16,286
Employeeexpensesclaimed 363 630
10 Governancecosts 2023 2022
£ £
Trusteesexpenses(note11) 430 587
Consultancyfees(HR) 0 400
Insurance 161 161
Regulatory 35 35
Accountancyandcompliancefees 3,708 3,600
IndependentExaminationfee 672 600
Payrollfee 1,050 870
6,056 6,253
12 Investments Valueat Purchases Sales Realised Unrealised Valueat
05/04/2022 atcost proceeds Gain/Loss Gain/Loss 05/04/2023
Listedinvestments £ £ £ £ £ £
FixedInterest 163,121 127,220 153,921 (5,761) (4,829) 125,830
Overseas 1,296,810 791,894 749,328 (63,853) (48,831) 1,226,692
EquitiesandIncome(UK) 1,566,225 331,741 552,688 (127,305) (28,698) 1,189,275
PropertyFunds 71,245 0 0 (11,335) (13,114) 58,131
Commodities 18,342 77,853 17,823 231 3,375 81,978
3,115,743 1,328,708 1,473,760 (208,023) (92,097) 2,681,906

13 Debtorsreceiveablewithinoneyear 2023 2022
£ £
OtherDebtors 4,835 9,065
4,835 9,065
14 Creditors:amountsfallingduewithinoneyear 2023 2022
£ £
Accrualforgrantspayable 15,000 72,563
Accruals 412 265
Othercreditors 8,585 7,781
23,997 80,609
15 BasicFinancialInstruments 2023 2022
£ £
Carryingamountoffinancialassets
Cash 80,828 117,303
Receivablewithinoneyear:
-Debtors 4,835 9,065
Carryingamountoffinancialliabilities
Payablewithinoneyear:
-Creditorsandaccruals 23,997 80,609
23,997 80,609
InstrumentsmeasuredatfairvaluethroughSOFA
Investmentsatvalue 2,681,906 3,115,743
16 Movementsbetweenfunds Balanceat Gains/ Transfer Balanceat
06/04/22 Income Expenditure (Losses) betweenfunds 05/04/23
£ £ £ £ £ £
ExpendableEndowment
Investments 3,150,327 0
(12,015)
(300,120)
"0x.07"
2,735,115
Unrestrictedfunds:
Generalfunds 11,175 71,635
(177,430)
0
103,077
8,457
Totalfunds 3,161,502 71,635
(189,445)
(300,120)
0
2,743,572

18 ComparativeStatementofFinancialActivities Expendable Unrestricted Total
Endowment Funds Funds
2022 2022 2022
£ £ £
Incomeandendowmentsfrom:
DonationsandLegacies 40.00 40.00
Investments 0
62,330
62,330
Total 0 62,370 62,370
Expenditureon:
Raisingfunds 13,924
0
13,924
Charitableactivities 0
182,371
182,371
Total 13,924
182,371
196,295
NetGains/(Losses)oninvestments 128,929
0
128,929
NetIncome/(expenditure) 115,005
(120,001)
'.9'•
Transfersbetweenfunds (97,764)
97,764
0
NetmovementinFunds 17,241
(22,237)
(4,996)
Reconciliationoffunds
TotalFundsasat6thApril2021 3,133,086
33,412
3,166,498
TotalFundsasat5thApril2022 3,150,327
11,175
3,161,502