2022-12-31-accounts

	CONTENTS
		Page
Reference and Administrative Information
Directors' Report		2-5
Directors' Responsibilities Statement
Independent Examiner's Report		7-8
Statement of Financial Activities
Statement of Financial Position		10-11
Cashflow Statement		12
Notes to the Financial Statements		13-22

			REFERENCE	AND ADMINISTRATIVE	INFORMATION
Directors			Antonio Belsito, Chairperson
			Joseph O'Reilly (appointed 25 March 2022)
			Patrick Pierce	(resigned 25 March 2022)
			Peter Mullen
			Chris Fuse
Company		registered
number			10779496
Charity registered
number			1178409
Registered		office	200 Leeming Lane North Mansfield Woodhouse
			Mansfield
			Nottinghamshire
			NG19 9EX
Company		secretary	L&P Trustee Services Limited
			23StStephen's Green
			Dublin 2
			Ireland
Accountant			RBK Business	Advisers
			Termini
			3Arkle Road
			Ssndyford
			Dublin 18
Principal	bankers		Royal Bank ofScotland
			South West RCSC
			740Waterside	Drive
			Aztec west
			Almondsbury
			Newport
			BS995BD
Investment		advisers	Barclays
			1 Churchill Place
			Canary Wharf
			London
			E145HP
Date ofincorporation			19May 2017

					Unrestricted	Total	Total
					funds	funds	funds
					2022	2022	2021
				Note	6
Income from:
Donations				3			216,551
Investments				4	43,293	43,293	38,834
Other income				5	150	150
Total income					43,443	43,443	255,385
Expenditure on:
Raising funds					4,551	4,551	4,581
Charitable activities					53,266	53,266	56,653
Total expenditure					57,817	57,817	61,244
Net (expenditure)/income			before net (losses)/gains
on investments					(14,374)	(14,374)	194,141
Net (losses)/gains		on investments		10	(168,078)	(168,078)	140,457
Net movement	in	funds			(182,452)	(182,452)	334,598
Reconciliation	of	funds:
Total funds brought		forward		13	1,866,855	1,866,855	1,532,257
Net movement	in funds (see above)				(182,452)	(182,452)	334,598
Total funds carried forward				13	1,684,403	1,684,403	1,865,855

		STATEMENT OF CASH FLOWS	STATEMENT OF CASH FLOWS
		FOR THE YEAR ENDED 31DECEMBER		2022
					2022	2021
				Note
Cash flows from operating		activities
Net cash (used in)/provided		by operating activities		15	(45,283)	167,160
Cash flows from investing		activities
Dividends and interest from		investments		4	43,293	38,834
Purchase oftangible fixed assets						(216,552)
Net cash provided by/(used		in) investing	activities		43,293	(177,718)
Cash flows from financing		activities
Net cash provided by financing activities
Change in cash and cash	equivalents in		the year		(1,990)	(10,558)
Cash and cash equivalents	atthe beginning		ofthe year	16	49,913	60,471
Cash and cash equivalents		at the end ofthe year			47,923	49,913
The notes on pages 13to 22 form part ofthese financial statements

Expenditur	e on raising	funds
			2022	2021
				F
Investment	management	fees	4,551	4,851
			4,551	4,851

Expenditure on charitable activities
	2022	2021
	6	5
Donations		4,815
Support costs	50,658	43,472
Governance costs	2,608	8,376
	53,266	56,663

	2022	2021
	6
Gross wages	9,915	7,410
Social security costs	108	236
Pension costs	832	603
	10,855	8,249

			Freehold	Motor
			property	vehicles	Total
	Cost orvaluation
	At 1 January 2022		214,118	2,434	216,552
	At 31 December 2022		214,118	2,434	216,552
	Depreciation
	At 1 January 2022		4,282	2/34	6,716
	Charge for the year		4,282		4,282
	At 31 December 2022		8,564		10,998
	Net book value
	At 31 December 2022		205,554		205,554
	At 31 December 2021		209,836		209,836
10.	Fixed asset investment
				2022 E	2021 f
	Market value
	Market value at 1 January			1,609,662	1,473,786
	Net movement during	the year		(4,552)	(4,581)
	Realised &unrealised	(losses)/gains		(168,078)	140,457
	Market value at 31December			1,437,032	1,609,662
11.	Creditors: Amounts	falling due within one year
				2022	2021
					E
	Accruals			6,106	2,556

						Balance at
		Balance at 1				31
		January			Gainsl	December
		2022	Income	Expenditure	(Losses)	2022
			F			6
Unrestricted	funds
General Funds		1,866,855	43,443	(57,817)	(168,078)	1,684,403

Statement a	nd summary	offunds - prior year
						Balance at
		Balance at				31
		1 January			Gains/	December
		2021	Income	Expenditure	(Losses)	2021
		5		6	6	F
Unrestricted	funds
General Funds		1,532,257	255,385	(61,244)	140,457	1,866,855

Analysis ofnet assets between funds - current ye	ar
	Unrestricted	Total
	funds	funds
	2022	2022
	K
Tangible fixed assets	205,554	205,554
Fixed asset investments	1,437,032	1,437,032
Current assets	47,923	47,923
Creditors due within one year	(6,106)	(6,106)
Total	1,684,403	1,684,403

Analysis ofnet assets between funds - prior year
	Unrestricted	Total
	funds	funds
	2021	2021
	9
Tangible fixed assets	209,836	209,836
Fixed asset investments	1,609,662	1,609,662
Current assets	49,913	49,913
Creditors due within one year	(2,556)	(2,556)
	1,866,855	1,866,855

15.	Reconciliation ofnet	m	ovem	ent	in funds t	o net	cash flow	from operating	activities
									2022	2021
									5	6
	Net (expenditure)/income		for the		year (as	per	Statement	of Financial
	Activities)								(182,452)	334,598
	Adjustments for:
	Investment income								(43,283)	(38,834)
	Investment management		fee						4,552	4,581
	Depreciation: Motor									2,434
	Depreciation: Property								4,282	4,282
	Increase on creditors								3,550	556
	Loss/(gain) on investment								168,078	(140,457)
	Net cash (used in)/generated			by	operating	activities			(45,283)	167,160
16.	Analysis ofcash and	cash equivalents
									2022f	2021
	Cash at bank and in hand								47,923	49,913
	Total cash and cash	equivalents							47,923	49,913
17.	Analysis ofchanges	in	net debt

						At 1		At 31
						January		December
						2022	Cash flows	2022
							5	6
Cash	at	bank	and	in	hand	49,913	(1,990)	47,923
						49,913	(1,890)	47,923