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|e ofAC
19)was:|T's investment
i|n the Alpha Comm|on
Investment
Fund a|
|---|---|---|---|
|||Total Return|Alpha CIF's I CAIF's|
||||bespoke benchmark|
|First quarter of2023||3.2%|2.9%|
|Calendar|year 2022|-10.7%|-8.9%|
|Calendar|year 2021|10.7%|13.7%|
|Calendar|year 2020|10.4%|6.8%|
|Calendar|year 2019|20.8%|18.5%|
|Calendar|year 2018|-4.0%|-4.9%|
|Calendar|year 2017|10.9%|11.3%|
|Calendar|year 2016|10.9%|16.6%|
|Calendar|year 2015|3 50/|2.8%|
|Calendar|year 2014|6.5%|8.6%|
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|Ye|ar end fund values||
|---|---|---|
|The|fund values at year end were:||
||Unrestricted:|4,513,367|
||Restricted:|6,438|
||Restricted Endowment:|430,782|
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|||Note|Unrestricted|Designated|Education|Education|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||General|Income|Restricted|Restricted|Funds|Funds|
||||Fund|Fund|Fund|Endowment|2023|2022|
||||2023|2023|2023|Fund|||
|||||||2023|||
|Income from:|||||||||
|Donations k.legacies||3|168,992||||16$,992|59,486|
|Investments||2||127,486|11,696||139,1$2|162,442|
||Total||168,992|127486|11696||30$,174|221,928|
|Expenditure
on:|||||||||
|Raising funds||7|4,197|24,004||2,204|30,405|33,330|
|Charitable|activities|8|909,515||11,000||920,515|1,162,028|
||Total||913,712|24 004|11000|2,204|950,920|1,195,358|
||Net||(744,720)|103,482|696|(2,204)|(642,746)|(973,430)|
|(expenditure)/income|||||||||
|Net (losses)/|gains on|10||(301,577)||(26,538)|(328,115)|190,234|
|investments|||||||||
|Net (expenditure)/|||(744,720)|(198,095)|696|(28,742)|(970,861)|(783,196)|
||income||||||||
|Transfers|between|9|727,486|(727,486)|||||
||funds||||||||
|Net movement|in funds||(17,234)|(925,581)|696|(28,742)|(970,861)|(783,196)|
|Reconciliation|offunds:||||||||
|Total bmught|forward||121,899|5,334,283|5,742|459,524|5,921,4486,704,644||
|Total carried|forward||104,665|4,408,702|6438|430,7$2|4,950,587|5,921,448|
##
|March 202|3|||||
|---|---|---|---|---|---|
||||Note|2023|2022|
|||||8||
|Fixed assets:||||||
|Tangible
fixed assets|||13||2,102|
|Investments|||10|4 839484|5,793808|
|Totalfrxed assets||||4 839484|5,795,910|
|Current assets:||||||
|Debtors||||34,957|8,096|
|Cash at bank and in|hand|||84667|130,995|
|Total current assets||||119624|139091|
|Liabilities:||||||
|Creditors: Amounts|falling due within one year||12|8 521|13553|
|Net current assets||||111,103|125,538|
|Total assets less current||liabilities||4 950 87|5921448|
|Total net assets||||4 950587|5,921,448|
|The funds ofthe charity:||||||
|Restricted Endowment||funds|14|430,782|459,524|
|Restricted funds|||14|6,438|5,742|
|Unrestricted
funds|||14|4,513,367|5,456,182|
|Total charity funds||||4 950587|5,921,448|
##
|or the year ended 31|Marc|h 20|23|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||g||
|Cash flows from operating|activities:|||||
|Net (deficit) in year||||(970,861)|(973,428)|
|Adjustment
for depreciation|||||2,102|
|Net cash generated
/ (used)|in operating||activities|(970,861)|(971,326)|
|Purchase offixed assets||||||
|Net drawdown
from investments||||956,425|981,978|
|Increase in debtors||||(26,860)|(769)|
|(Decrease) / increase in creditors||||5032|5,901|
|Net (decrease)
/ increase in|cash|||46,328|15 784|
|Change in cash and cash equivalents||in the|year|(46,328)|15,784|
|Cash and cash equivalents
at|the beginning||ofthe|||
|reporting
period||||130,995|115,211|
|Cash and cash equivalents|at year|end||84667|130,995|
##
|naly|sis ofcash and cash equivalents|||
|---|---|---|---|
|||2023|2022|
|Cash|at bank and in hand|84667|130,995|
|Total|cash and cash equivalents|84,667|130995|
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||Note|Untcstnotcd|Designated|Education|Education|Total|Total|
|---|---|---|---|---|---|---|---|
|||General|Income|Restricted|Restricted|Funds|Funds|
|||Fund|Fund|Fund|Endowment|2022|2021|
|||2022|2022|2022|Fund|||
||||||2022|||
|Income from:||||||||
|Donations
Bt legacies|3|59,486||||59,486|223,948|
|Investments|2||150,764||11,678|162,442|213,255|
|Total||59486|150764||11678221928||437 203|
|Expenditure
on:||||||||
|Raising funds|7|1,352|29,615||2,363|33,330|19,651|
|Charitable
activities|B|1,149,068||12,960||1,162,028|1,378,443|
|Total||1 150420|29615|12.960|2)3631r195r35$139$094|||
|Net (expenditure)/income||1,090,934|121 149|12960|9315|973430|960891|
|Net gains on investments|10||175,767||14,467|190,234|1,244,980|
|Net (expenditure)/
income||I090934|296916|12960|23782|7$3196|284089|
|Transfers
between
funds|9|1,100,764|(1,100,764)|11,678|(11,678)|||
|Net movement
in funds||9,830|(803,848)|(1,282)|12,104|(783,196)|284,089|
|Reconciliation
offunds:||||||||
|Total brought
forward||112,069|6,138,131|7,024|447,420|6,704,644|6,420,555|
|Total carried forward||121$99|5 34 83|5,742|459,524|5 921448|6704 644|
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|Note 5:|staffing|and pensi|ons|||
|---|---|---|---|---|---|
|||||2023|2022|
|||||g|g|
|Salaries||||117,743|121,481|
|Employer's|tax &NI|||8,439|9,372|
|Pensions||||3 321|3426|
||||Total|129,503|134)279|
|Number of|full-time|staff||||
|Number of|part-time|staff||||
##
||||||||2023|2022||
|---|---|---|---|---|---|---|---|---|---|
|Auditor's|remuneration||—audit|services.|||7,850|7,500||
|Note 7:|raising|funds||||||||
|||||UG Fund|ER Fund|DI Fund|EREFund|Total 2023|Total 2022|
|||||2023|2023|2023|2023|||
|London Marathon,||||||||||
|Justgiving,|Law Society|||||||||
|Gazette &Barclaycard.||||4,197||||4,197|1,353|
|Investment|manager'|s||||||||
|net fees.||||||24004|2204|26208|31.977|
|||Total||4 197||24,004|2,204|30,405|33330|
|Note g:|charitable||activities|||||||
|||||UG Fund|ERFund|DI Fund|ERE Fund|Total 2023|Total 2022|
|||||2023|2023|2023|2023|||
||||||r|||||
|Grants||||713,474|11,000|||724,474|950,149|
|Salaries||||107,400||||107,400|134,279|
|Support costs —other||||70,735||||70,735|55,742|
|Support costs-||||||||||
|governance||||17.906||||17,906|21 858|
|||Total||909515|11000|||920515|I 162,028|
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|||Cash fund|Quoted investments|Total|
|---|---|---|---|---|
|Market value: I April|2022|45,056|5,748,751|5,793,807|
|Realised and unrealised|gains/(losses)||(990,443)|(990,443)|
|Net cash movement||36 120||36,120|
|31March 2023||81 ]76|4 758 308|4839484|
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|||||
|---|---|---|---|
|ote 12: creditors: amounts|falling due within one year|||
|||2023|2022|
|Other creditors||1,021|3,068|
|Accruals and deferred income||7 500|10485|
||Total|8,521|13,553|
##
|||||2023|
|---|---|---|---|---|
|Cost brought|forward|||2,102|
|Additions|||||
|Cost carried|forward|||2,102|
|Accumulated|depreciation|brought|forward||
|Charge in year||||2,102|
|Accumulated|depreciation|carried forward|||
|I%et book value at 31March 2023|||||
|Net book value at 31 March 2022||||2,102|
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|nalysis ofnet a|ssets betwe|en
funds||||
|---|---|---|---|---|---|
||Unrestricted|Designated|Education|Education|Total|
||General|Income|Restricted|Restricted|Funds|
||Fund|Fund|Fund|Endowment|2023|
||2023|2023|2023|Fund||
|||||2023||
|Tangible lixed assets||||||
|Investments||4,408,702||430,782|4,839,484|
|Current assets|113,186||6,438||119,624|
|Current
Iiabi1ities|(8,521)||||(8,521)|
|Total|104665|4 408 702|6438|430782|4 950587|
||Unrestricted|Designated|Education|Education|Total|
||General|Income|Restricted|Restricted|Funds|
||Fund|Fund|Fund|Endowment|2022|
||2022|2022|2022|Fund||
|||||2022||
|||||r.||
|Tangible fixed assets|2,102||||2,102|
|Investments||5,334,283||459,524|5,793,807|
|Current assets|133,350||5,742||139,092|
|Current liabilities|(13,553)||||(13,553)|
|Total|121,899|5,334,283|5,742|459&524|5,921,448|