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|CONTENTS|||PAGE|
|---|---|---|---|
|OKcers 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|
|---|---|---|
|||CRGreenslade|
|||JC Wilcox|
|Registered|of6ce|Turner +Partners LLP|
|||24 James Street West|
|||Bath|
|||BAl 2BT|
|Accountants||Turner + Partners LLP|
|||24 James Street West|
|||Bath|
|||BA!28T|
|Independent|Kxatniner|Winchester
Bourne Ltd|
|||Sullivan Court|
|||Wessex Way|
|||Colden Common|
|||SO21 IWP|
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|YEAR ENDED|5APRIL 2023|||||
|---|---|---|---|---|---|
||||Unrestricted
Funds|Total Funds
year to 5th|Total Funds
year to 5th|
|||||April 20Z3|April 2022|
|||Note||||
|INCOME FROM||||||
|Income from investments|||69,325|69/25|48,117|
|Donations|||||179,763|
|Total income|||69,325|69@25|227,880|
|EXPENDITURE ON||||||
|Charitable
activities|||125,000|125,000|250,000|
|Support costs|||16,932|16932|17,055|
|Total expenditure|||{141,932)|(141,932)|(267,055)|
|Net (losses)/gains
oa investments|||233,259|233/59|456,391|
|Net (losses)/gains
on foreign exchange|||{49+45}|(49+45)|5,155|
|Net interest paid|||||(144)|
|NET INCOME BEFORETAX|||111,407|111,407|422,227|
|Overseas tax deducted|at source||~3906|~PII6L|~1202|
|NET INCOME AFTER TAX|||107501|~307 01|421 025|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought
forward|||5 170255|~5.270
5|4749230|
|Total funds carried forward|||5,277,756|~577,756|5,170355|
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|AT 5APR|IL 2023|||||||
|---|---|---|---|---|---|---|---|
|||||5th April|||5th April|
|||Note||2023f|||2022
f.|
|FIXEDASSETS||||||||
|Investments||||2,953,441|||3,667,933|
|CURRENT|ASSETS|||||||
|Prepayments|and accrued income||173,093|||173,093||
|Cash at bank|||2 159917|||1 363 169||
||||2,333,010|||1,536,262||
|CURRENT|LIABILITIES|||||||
|Creditors - falling due within one year||8|(8,695)|||(33,940)||
|NET CURRENT ASSETS||||~226|15||1 302 322|
|TOTAL ASSETSLESSCURRENT||LIABILITIES||5,277,756|||5,170,255|
|NET ASSETS||||5 277|756||5 170265|
|FUNDS||||||||
|Unrestricted||||~577|756||3 170,255|
|||||~577|756||5170255|
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||Year to 5|Year to 5|
|---|---|---|
||April 2023|April 2022|
|CASHFLOWS FROM OPERATING ACTIVITIES|||
|Profit for the financial year|107/01|421,025|
|Adjustments
for|||
|(Loss)/profit
from sale ofinvestments|164+l5|31,097|
|Interest received|(7,260)|(3,042)|
|Decrease/(increase)
in debtors||(34,485)|
|Increase/(decrease)
in creditors|(25,245)|(40,605)|
|Revaluation
loss/(gain) ofinvestments|(233/59)|(456,391)|
|NET CASH GENERATED FROM OPERATING ACTIVITIES|6 82|82401|
|CASHFLOWS FROM INVESTING ACTIVITIES|||
|Purchase ofinvestments|(560+82)|(398,020)|
|Proceeds on disposal ofinvestments|1/43,788|1,278,162|
|Interest received||3,042|
|NET CASH GENERATED IN INVESTING ACTIVITIES|790466|883 184|
|CASHFLOWS FROM FINANCING ACTIVITIES|||
|Loans repaid||(1,000,000)|
|NET CASH GENERATED/(USED) IN FINANCING|||
|ACTIVITIES||1000000|
|(DECREASE)/INCREASE
IN CASH AND CASH|||
|EQUIVALENTS|796,748|(199/17)|
|Cash at the beginning ofthe period|1@63,169|1,562,386|
|CASH AND CASH EQUIVALENTS AT END OF PERIOD|2159 17|I 363 169|
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|||||||At 6 April|Cash|At 5April|
|---|---|---|---|---|---|---|---|---|
|Cash|at|bank|and|in|hand|2022
1,363,169|flows
796,748|2023f
2,159„917|
|||||||1@63,169|796,748|2,159,917|
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|3.|INCOME|||||||
|---|---|---|---|---|---|---|---|
|||||||Year to 5th|Year to 5th|
|||||||April 2023|April 2022|
|||||||f|f|
||Donations
received||||||179,763|
||Dividend
income|||||61,921|45,075|
||Bank interest received|||||7460|3,042|
|||||||69@25|227880|
|4.|CHARITABLE ACTIVITIES|||||||
||During the|year, the||following donatious||Year to 5th|Year to 5th|
||were made;|||||April 2023|April 2022|
||Big Change|Charitable|||Trust|50,000|75,000|
||Barking tk Dagenham|||Youth Zone||25,000|25,000|
||The Amber|Foundation||||25,000|25,000|
||The Prince's|Foundation||||15,000|25,000|
||Power ofParenting|||||10,000|10,000|
||Polka Childrens
Theatre||||Limited||80,000|
||Catch 22 Charity Limited||||||10,000|
|||||||125,000|250,000|
|5.|SUPPORT|COSTS||||||
|||||||Year to 5th|Year to 5th|
|||||||April 2023|Apri1 2022|
|||||||f||
||Management|fees||||5,401|7,095|
||Accountancy|fees||||4,896|6,580|
||Independent|examiner||fee||3,930||
||Legal Ecprofessional||fees|||2,460|(4,325)|
||Insurance|||||525|490|
||Admin fees|||||310||
||Bank charges|||||10|16|
||Audit fee - statutory||audit|||(600)|4,800|
||Promotional|costs|||||2,400|
|||||||16@32|17,055|
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|||Year to 5|Year to|
|---|---|---|---|
|||April 2023|5April 2022|
|Analysis ofmovement
on||||
|investments|during the year|||
|Market value|brought forward|3,667,933|4,122,781|
|Additions
at|cost|560,582|398,020|
|Disposals at|carrying value|(1@43,788)|(1,278,162)|
|Net (loss)/gain
on revaluation||68,714|425,294|
|Market value|carried forward|2,953,441|3,667,933|
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|REDITORS - FALLING DUE WITHIN|ONE YEAR||
|---|---|---|
||2023|2022|
|Accruals|8,695|8,940|
|Other creditors||25,000|
||8,695|33,940|
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|Uarestrlcted
Funds||||
|---|---|---|---|
|General funds||2023|2022|
|Brought forward||57170/55|4,749/30|
|Income||69,325|227,880|
|Expenditure||(141,932)|{267,055)|
|Net (losses)/gains||184,014|461,546|
|Net interest paid|||(144)|
|Overseas tax deducted|at source|{3,906)|(1,202)|
|Carried forward||5 277756|5.170255|
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