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|CONTENTS|||PAGE|
|---|---|---|---|
|Officers and professional||advisors||
|Directors'
report||||
|Independent
examiner's||report||
|Statement ofFinancial|Activities|||
|Balance sheet||||
|Statement ofcashflows||||
|Analysis ofnet debt|||10|
|Notes tothe financial statements||||
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|Directors||CE Bailey|
|---|---|---|
|||CRGreens lade|
|||JC Wilcox|
|Registered|office|Turner +Partners LLP|
|||24 James Street West|
|||Bath|
|||BA12BT|
|Accountants||Turner +Partners LLP|
|||24 James Street West|
|||Bath|
|||BA1 2BT|
|Independent|Examiner|Buzzacott LLP|
|||130Wood Street|
|||London|
|||EC2V 6DL|
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|(INCLUDING
INCOME
8T, EXPE
YEAR ENDED 5APRIL 2022|NDITURE|ACCOUNT)|||
|---|---|---|---|---|
|||Unrestricted
Funds|Total Funds
year to 5th
April 2022|Total Funds
year to 5th
April 2021|
||Note||||
|INCOME FROM|||||
|Income from investments||48,117|48,117|28,617|
|Donations||179,763|179,763|698,303|
|Total income||227,880|227,880|726,920|
|EXPENDITURE ON|||||
|Charitable
activities||250,000|250,000|180,000|
|Support costs||17,055|17,055|66,790|
|Net interest paid||144|144||
|Total expenditure||(267,199)|(267,199)|(246,790)|
|Net (losses)/gains
on investments||456,391|456@91|(214,235)|
|Net (losses)igains
on foreign exchange||5,155|5,155|(377)|
|NET INCOME BEFORETAX||422,227|422/27|265,518|
|Overseas tax deducted at source||1,202|1,202|2,281|
|NET INCOME AFTER TAX||421,025|421,025|263,237|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought
forward||4,749,230|4,749+30|4,485,993|
|Total funds carried forward||5,170,255|5,170,255|4,749,230|
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|||||5th April||5th April|
|---|---|---|---|---|---|---|
|||||2022||2021|
|||Note|||||
|FIXEDASSETS|||||||
|Investments||||3,667,933||4,122,781|
|CURRENT|ASSETS||||||
|Prepayments|and accrued income||173,093||138,608||
|Cash at bank|||1,363,169||1,562,386||
||||1,536,262||1,700,994||
|CURRENT|LIABILITIES||||||
|Creditors - falling due within one year||8|(33,940)||(1,049,545)||
|NET CURRENT ASSETS||||1,502/22||651,449|
|TOTAL ASSETSLESSCURRENT||LIABILITIES||5,170,255||4,774,230|
|Creditors - falling due after one year||||||(25,000)|
|NET ASSETS||||5,170,255||4,749,230|
|FUNDS|||||||
|Unrestricted||10||5,170,255||4,749,230|
|||||5,170,255||4,749,230|
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||Year to 5|Year to 5|
|---|---|---|
||April 2022|April 2021|
|CASHFLOWS FROM OPERATING ACTIVITIES|||
|Profit for the financial year|421,025|263,237|
|Adjustments
for|||
|(Loss)/profit
from sale ofinvestments|31,097|(661)|
|Interest received|(3,042)|(345}|
|Decrease/(Increase)
in debtors|(34,485)|745,650|
|Increase/(decrease)
in creditors|(40,605)|56,040|
|Revaluation
loss/(gain) ofinvestments|(456,391)|214,235|
|NET CASH GENERATED FROM OPERATING ACTIVITIES|82,401|1278,156|
|CASHFLOWS FROM INVESTING ACTIVITIES|||
|Purchase ofinvestments|(398,020)|(238,100)|
|Proceeds on disposal ofinvestments|1,278,162|373,868|
|Interest received|3,042|345|
|NET CASH GENERATED IN INVESTING ACTIVITIES|883,184|136,113|
|CASHFLOWS FROM FINANCING ACTIVITIES|||
|Loans repaid|(1,000,000)||
|NET CASH GENERA.TED/(USED) IN FINANCING|||
|ACTIVITIES|1,000,000||
|(DECREASE)/INCREASE
IN CASH AND CASH|||
|EQUIVALENTS|(199,217)|1,414,269|
|Cash at the beginning ofthe period|1,562,386|148,117|
|CASH AND CASH EQUIVALENTS AT END OF PERIOD|1,363,169|1,562,386|
|The notes on pages 11to15form part ofthese financial statements.|||
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|||||||At 6 April|Cash|At 5April|
|---|---|---|---|---|---|---|---|---|
|||||||2021|flows|2022|
|Cash|at|bank|and|in|hand|1,562,386|(199,217)|1,363,169|
|||||||1,562/86|(199,217)|1+63,169|
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|3.|INCOME||||||
|---|---|---|---|---|---|---|
||||||Year to 5th|Year to 5th|
||||||April 2022|April 2021|
||||||f.||
||Donations
received||||I?9,763|698,303|
||Dividend
income||||45,075|28,273|
||Bank interest received||||3,042|344|
||||||227,880|726,920|
||CHARITABLE|ACTIVITIES|||||
||During the year,|the|following donations||Year to 5th|Year to 5th|
||were made;||||April 2022|April 2021|
||Barking &Dagenham||Youth Zone||25,000|25,000|
||Big Change Charitable||Trust||75,000|50,000|
||The Prince's Foundation||||25,000|15,000|
||The Amber Foundation||||25,000||
||Power ofParenting||||10,000||
||Catch 22 Charity|Limited|||10,000||
||Polka Childrens
Theatre|||Limited|80,000||
||The Trussell Trust|||||10,000|
||Hammersmith
&|Fulham||Youth Zone||75,000|
||Kids N' Action|||||5000|
||||||250,000|180,000|
|5.|SUPPORT COSTS||||||
||||||Year to 5th|Year to 5th|
||||||April 2022|April 2021|
||Accountancy
fees||||6,580|13,120|
||Independent
examiner/Audit|||fee|4,800|3,660|
||Bank charges||||16|16|
||Management
fees||||7,095|6,666|
||Insurance||||490|534|
||Promotional
costs||||2,400|7,200|
||Legal &professional|fees|||(4,325)|34,983|
||Computer
consumables|||||492|
||Admin fees|||||119|
||||||17,055|66,790|
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||||Year to 5|Year to|
|---|---|---|---|---|
||||April 2022|5 April 2021|
|Analysis ofmovement
on|||||
|investments
during|the year||||
|Market value brought|forward||4,122,781|4,472,123|
|Additions
at cost|||398,020|238,100|
|Disposals at carrying
gains f31,097)|value (proceeds|$.1,309,259,|(1,278,162)|(373,868)|
|Net gain/(loss)
on revaluation|||425,294|(213,574)|
|Market value carried|forward||3,667,933|4,122,781|
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|8.|CREDITORS - FALLING||DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||||2022|2022|
||Accruals|||8,940|24,545|
||Other creditors|||25,000|1,025,000|
|||||33,940|1,049,545|
|9.|CREDITORS- FALLING|DUK AFTER ONE YEAR||||
|||||2022|2021|
||Other creditors due between||1to 5years||25,000|
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|FUNDS|||
|---|---|---|
|Unrestricted
Funds|||
|General
funds|2022|2021|
|Brought forward|4,749,230|4,485,993|
|Income|227,880|726,920|
|Expenditure
Net (losses)/gains
Net interest paid
Overseas tax deducted at source|(267,055)
461,546
(144)
(1,202)|(246,790)
(214,612)
(2,281)|
|Carried forward|5,170,255|4,749,230|
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