||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|4|
|Independent
Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Statement ofFinancial|Position||||
|Notes to the Financial Statements||8|to|13|
|Detailed Statement ofFinancial Activities|||14||
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||||2023|2022|
|---|---|---|---|---|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|||
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||||11,000|
|Investment
income|||93,477|34,368|
|Total|||93,477|45,368|
|EXPENDITURE ON|||||
|Charitable
activities and support|costs||||
|Charitable
activities|||1,494,066|362,015|
|Net gains on investments||||366,716|
|NET INCOME/(EXPENDITURE)|||(1,400,589)|50,069|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought
forward|||11,036,743|10,986,674|
|TOTAL FUNDS CARRIED FORWARD|||9,636,154|11,036,743|
##
||Statement ofFinancial Position|||
|---|---|---|---|
||~5A ril 2023|||
|||2023|2022|
|||Unrestricted|Total|
|||fund|funds|
||Notes|||
|FIXEDASSETS||||
|Investments||||
|Investments||1|1|
|Investment
properties||1,300,000|1,300,000|
|||1,300,001|1,300,001|
|CURRENT ASSETS||||
|Debtors|10|126|37,450|
|Cash at bank||8,337,712|9,700,977|
|||8,337,838|9,738,427|
|CREDITORS||||
|Amounts
falling due within one year||(1,685)|(1,685)|
|NET CURRENT ASSETS||8,336,153|9,736,742|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||9,636,154|11,036,743|
|NET ASSETS||9,636,154|11,036,743|
|FUNDS|12|||
|Unrestricted
funds||9,636,154|11,036,743|
|TOTAL FUNDS||9,636,154|11,036,743|
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|INVESTMENT INCOME|||
|---|---|---|
||2023|2022|
|Rents receivable||37,450|
|Service charges payable|(23,323)|(9,220)|
|Deposit account interest|116,800|6,138|
||93,477|34,368|
|GRANTS PAYABLE|||
||2023|2022|
|Charitable
activities|1,475,000|360,000|
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|SUPPORT COSTS||||||||
|---|---|---|---|---|---|---|---|
|||||||Governance||
||||||Finance|costs|Totals|
|Charitable
activities|||||404|18,662|19,066|
|TRUSTEES' REMUNERATION|AND BENEFITS|||||||
|No trustee received any remuneration|during|the|year under review.|||||
|Trustees'
expenses||||||||
|Trustees were reimbursed
6607 travel expenses|||during|the year (2022:anil).||||
|COMPARATIVES FOR THE STATEMENT|||OF FINANCIAL||ACTIVITIES|||
||||||||Unrestricted|
||||||||fund|
|INCOME AND ENDOWMENTS|FROM|||||||
|Donations
and legacies|||||||11,000|
|Investment
income|||||||34,368|
|Total|||||||45,368|
|EXPENDITURE ON||||||||
|Charitable
activities and support|costs|||||||
|Charitable
activities|||||||362,015|
|Net gains on investments|||||||366,716|
|NET INCOME|||||||50,069|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought
forward|||||||10,986,674|
|TOTAL FUNDS CARRIED FORWARD|||||||11,036,743|
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||Notes to the Financial
Statements - continued
for the Year Ended 5 A ri12023|Notes to the Financial
Statements - continued
for the Year Ended 5 A ri12023|Notes to the Financial
Statements - continued
for the Year Ended 5 A ri12023|Notes to the Financial
Statements - continued
for the Year Ended 5 A ri12023|||
|---|---|---|---|---|---|---|
|10.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||2023|2022|
||Rents due|||||37,450|
||Other debtors||||126||
||||||126|37,450|
|11.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2023|2022|
||Other creditors||||1,685|1,685|
|12.|MOVEMENT IN FUNDS||||||
||||||Net||
||||||movement|At|
|||||At 6.4.22|in funds|5.4.23|
||Unrestricted|funds|||||
||General fund|||11,036,743|(1,400,589)|9,636,154|
||TOTAL FUNDS|||11,036,743|(1,400,589)|9,636,154|
||Net movement|in funds, included||in the above are as follows:|||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
||Unrestricted|funds|||||
||General fund|||93,477|(1,494,066)|(1,400,589)|
||TOTAL FUNDS|||93,477|(1,494,066)|(1,400,589)|
||Comparatives|for movement|in|funds|||
||||||Net||
||||||movement|At|
|||||At 6.4.21|in funds|5.4.22|
||Unrestricted|funds|||||
||General fund|||10,986,674|50,069|11,036,743|
||TOTAL FUNDS|||10,986,674|50,069|11,036,743|
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|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||45,368|(362,015)|366,716|50,069|
|TOTAL FUNDS||45,368|(362,015)|366,716|50,069|
||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 6.4.21|in funds|5.4.23|
|Unrestricted|funds||||
|General fund||10,986,674|(1,350,520)|9,636,154|
|TOTAL FUNDS||10,986,674|(1,350,520)|9,636,154|
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted|funds|||||
|General fund||138,845|(1,856,081)|366,716|(1,350,520)|
|TOTAL FUNDS||138,845|(1,856,081)|366,716|(1,350,520)|
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|||2023|2022|
|---|---|---|---|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations
and legacies|||11,000|
|Investment
income||||
|Rents receivable|||37,450|
|Service charges payable||(23,323)|(9,220)|
|Deposit account interest||116,800|6,138|
|||93,477|34,368|
|Total incoming
resources||93,477|45,368|
|EXPENDITURE||||
|Charitable
activities and support costs||||
|Grants to institutions||1,475,000|360,000|
|Support costs||||
|Finance||||
|Bank charges||404|360|
|Governance
costs||||
|Trustees' expenses||607||
|Legal &professional||16,393||
|Independent
examiner's
fees||1,662|1,655|
|||18,662|1,655|
|Total resources
expended||1,494,066|362,015|
|Net expenditure
before gains and losses||(1,400,589)|(316,647)|
|Revaluation
ofinvestment|property|||
|Realised &unrealised
gains|on investment|||
|property|||366,716|
|Net (expenditure)/income||(1,400,589)|50,069|