2023-03-31-accounts - The George Goodsir Charitable Trust

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ReferenceandAdministrative Details	1
Trustees'Report	2to3
lndependent Examiner's Report	4
Statement ofFinancialActivities	5toO
Statement of FinancialPosition	7
CashFlowStatement	8
Notes tothe Financial Statements	9to15

StatementofFinancialActivities	fortheYear End	ed 31March202	3
	Note	Unrestricted funds t€	Total 2023
lncome and Endowmentsfrom:
lnvestment income	2	160,187	160,187
Total income		160,187	160.187
Expenditure on:
Raising funds		(33,191)	(33,1e1)
Charitableactivities		(150,000)	(150,000)
Other expenditure		(11.716)	(11,716)
Total expenditure		(1e4,e07)	(1e4,907)
Gains/losses on investment assets		(558 .862)	(558,862)
Netexpenditure		(5e3,582)	(593,582)
Net movementinfunds		(5e3,582)	(593,582)
Reconciliationoffunds
Total fundsbroughtforuvard		4,021,455	4,o21.455
Total funds carriedforuvard	10	3,42?,873	3,427,873
		Unrestricted	Total
		funds	2022
	Note	€	€
lncome and Endowmentsfrom:
lnvestment income	2	128,711	128,711
Total income		128,711	128,711
Expenditure on:
Raising funds		(36,e18)	(36,918)
Charitableactivities		(140,000)	(140,000)
Other expenditure		(e,668)	(9.668)
Total expenditure		(186,586)	(186,586)
Gains/losses on investment assets		46 058	46,058
Netexpenditure		(11,817)	(11,817)
Netmovementinfunds		(1',	,817)
Reconciliationoffunds
Total funds broughtforward		4,033,272	4,O33,272
Total fundscarriedforward	10	4,021,455	4,021.455

StatementofFinancial Positio	nas at3{M	arch2023
		2023	2022
	Note	€	s
Fixed assets
lnvestments	7	3,427,798	4,019,706
Gurrent assets
Cash at bank andin hand	I	10,544	'10,689
Greditors: Amountsfallingduewithinoneyear	9	(10,46e)	(8.940)
Netcurrentassets		75	1,749
Netassets		3,427,873	4,021.455
Funds of the charity:
Unrestricted incomefunds
Unrestricted funds		3,427,873	4,021,455
Totalfunds	10	3,427,873	4,021,455

CashFlowStatementforthe Yea	rEnded31M	arch2023
	Note	2023 I		€ 2022
Cashflows fromoperatingactivities
Netcash expenditure		(5s3,582)		(11,817)
Adjustmentstocashflows fromnon'cashitems
lnvestment income	2	(160,187)		(128,711)
Revaluation of investments		516,577		175.957
		(237,1e2)		35,429
Working capital adjustments
lncreaseincreditors	I	1.530
Netcash flows from operatingactivities		(235.662)		35,429
Cashflows from investing activities
lnterest receivable and similarincome	2			1,384
Purchase of investments	7	(2e1,097)	(1,233,798)
Saleof investments		366,427		1,O77,961
lncome from dividends	2	160.187		127,327
Net cashflows from investingactivities		235.517		(27,',126)
Net (decrease)/increaseincashandcashequivalents		(145)		8,303
Cash and cash equivalents at1April		10,689		2,386
Cash and cash equivalentsat 31March		10,544		10,689

2lnvestmentincome
	Unrestricted
	funds	Total
	General g	funds I
lncome fromdividends;
Dividends receivable from group undertakings	160,187	160 '187
Totalfor2023	160,187	____I0,187_
Totallor2022	128,711	128,711

a)lnvestment management costs
		Unrestricted
		funds	Total
	Note	General I	funds c
Other investment managementcosts;
Otherportfoliomanagementcosts		33.191	33,191
Totalfor2023		33,1 91	33,191
Totaltor2022		36,918	36,918
4Expenditureoncharitableactivities
		Unrestricted
		funds	Total
		General	funds
	Note	€	€
Grants		150,000	150,000
Totalior2022		't40,000	140.000

Beloware details of materialgrants	madetoins	titutions.
			2023	2022
Nameofinstitution	Activity		€	€
The Orpheus Centre			25,000	25,000
TheEmily AshTrust				10,000
Westerham Hall Management
Committee1996				15,000
DEC UkraineAppeal				50,000
NightWatch				5,000
TheMaverickTheatre Company			't0,000	20,000
YMCASurrey			15,000	15,000
Chartwell Cancer Trust			5,000
		Page11

Notestothe Financial StatementsfortheYea	rEnded31March 2023(c	ontinued
EmmausUK	5,000
DECTurkey-Syria Earthquake Appeal	50,000
The BourneFoundation	25,000
Keychange Charity(Wayside
CommunityReigate)	5,000
BloodCancerUK	10,000
	150,000	140,000

	United Kingdom	Outside UnitedTotal Kingdom
Equities	39.08%	31.72%70.80o/o
Fixed lnterest	6.84%	5.56%12.40%
Property	2.93%	2.37o/o5.30%
Alternative	5.02%	4.08%9.10o/o
Gash	0.72%	0.58%1.30o/o
OtherAssets	0.61%	o.49%1.10%
	ffi	@-i@"
8Cashand cash equivalents
		2023 € 2022 f
Cash atbank		10.544 10,689
9Creditors: amountsfallingduewithinoneyear
		2023 f 2022 g
Accruals		10,469 8,940

10Funds
	Balance at		Other	Balanceat
	IApril 2022 f	lncoming resources c	Resourcesrecognised31March expendedgains/(losses)2023 f€t
Unrestrictedfunds
General	4,o21.455	160,187	(1e4,s07) 862)	3,427,873
	Balance at		Other	Balanceat
	IApril 2021t	lncoming resources f	Resourcesrecognised 3lMarch expendedgains/(losses)2022 [0t
Unrestrictedfunds
General	4, 033.272	128,711	(186,586) 46,058	4,021,455

11Analysisof net assetsbetweenfunds
	Unrestricted	Totalfunds
	funds	at 31March
	General t	2023 f
Fixedasset investments	3,427,798	3,427,798
Current assets	10,544	'10,544
Current liabilities	(10,470)	(10,47O)
Total net assets	3,427.872	3,427,872
	Unrestricted	Totalfunds
	funds	at 31March
	General e	2022 f
Fixedasset investments	4,019,706	4,019,706
Current assets	10,689	't0,689
Current liabilities	(8,940)	(8.940)
Totalnetassets	4,021,455	4,021.455