OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-04-05-accounts

Page
General
information
Report ofthe trustees 3-4
Statement
oftrustees'
responsibilities
Independent
examiner's
report
Statement
offinancial activities
Balance sheet
Accounting
policies
9-10
Notes to the financial statements 11-13

Unrestricted Expendable Total Total
Income endowment this period last year
Note Fund Fund 2022 2021
K F 6 8
Income resources Restated
Iroluntary
Income
Donations
Tax refund due on gift aid
Investment
income
1,991 1,991 3,362
Total incoming
recourses
1,991 1,991 3,362
Resources expended
Cost ofgenerating
funds
Investment
management
costs
Charitable
activities
Grants made 50,000 50,000 25,000
Governance
cost
Administration
&Trust
accounting 1,402 1,402 918
Bank charges
Total resources expended 51,402 51,402 25,918
Net incoming/(outgoing) resources (49,411) (49,411) (22,556)
before transfers
Gross transfers
between
funds 49,411 ~49„471
(49,411) (49,411) (22,556)
Net income/(outgoing) resources before
other recognised
gains
and losses
Other recognised gains and losses
(Losses)/gains
on investment
Net movements
in funds
assets 4,871
~44, 3473
4,871
~44.344
119,029
96,474
Fund balance brought forward at 6April 2021 415,977 415,977 319,503
Fund balance carried forward at 5April 2022 371,439 371,436 415,977
7

Total Total
Note this period last year
2022 2021
Current assets
Investment portfolio at market value 362,795 411,059
Debtors
Cash at bank and in hand 10,000 6,294
Creditors: amounts falling due within one year (1,360) (1,377)
Net current assets 8,640 4,917
Total assets less current liabilities 371,436 415,977
Funds
Expendable endowment fund 371,436 415,977
Unrestricted income fund
371,436 416,377
Approved
by order
ofthe I9
trustees on...6...... .. ..
..........20.~~.. ... .and signed on its behalf by:

2022I 2021
6
7 Fixed asset investments
Market value
Market value at start ofyear
Additions at cost
411,059
1,991
289,146
54,343
Less disposals proceeds
Add/(deduct)
net gain/(loss)
Add/(deduct)
net gain/(loss)
on revaluation
on sales
55,125
1,745
3,126
51,459
105,067
13,962
Market value at end ofyear 362,795
8 Analysis of Investment
Mkt Value Mkt Value
Porffolio value at year end at year end
284,499.759Hb Growth Sustainable
MAF
I Acc
22,008.894 LF Hb Cautious
Sustainable
MAF
I
Acc 338,925
23,871
359,909
51,149
Total 362,795 411,059
The historic cost ofthese investments was 6308,449 (2021:6354,510)
9 Analysis of Funds At Income Expenditure Gains/losses At
06-Apr-21 &transfers 06-Apr-22
E E E
Expendable
Unrestricted
endowment
funds
funds 415,977 1,991 (51,402) (44,540)
49,411
371,436
415,977 1,991 ~51 402 4 571 371439
At Income Expenditure Gains/losses At
06-Apr-20 &transfers 06-Apr-21
6 F
Expendable endowment funds 316,225 35 99,717 415,977
Unrestricted funds 3,279 3,328 (25,918) 19,312
319,504 3,353 125,91~ 7 119,029 415,977